FangyuLei/tatqa huggingface dataset:
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
(In thousands, unaudited)
2019
2018
2017
Net income (loss)
$ (19,931)
$ (50,571)
$ 65,299
Add (subtract):
Interest expense, net of interest income
136,660
134,578
129,786
Income tax benefit
(3,714)
(24,127)
(124,927)
Depreciation and amortization
381,237
432,668
291,873
EBITDA
494,252
492,548
362,031
Adjustments to EBITDA:
Other, net (1)
(8,847)
549
19,314
Investment distributions (2)
35,809
39,078
29,993
Gain on extinguishment of debt
(4,510)
—
—
Non-cash, stock-based compensation
6,836
5,119
2,766
Adjusted EBITDA
$ 523,540
$ 537,294
$ 414,104
non-gaap measures .
in addition to the results reported in accordance with us gaap we also use certain non-gaap measures such as ebitda and adjusted ebitda to evaluate operating performance and to facilitate the comparison of our historical results and trends .
these financial measures are not a measure of financial performance under us gaap and should not be considered in isolation or as a substitute for net income as a measure of performance and net cash provided by operating activities as a measure of liquidity .
they are not on their own necessarily indicative of cash available to fund cash needs as determined in accordance with gaap .
the calculation of these non-gaap measures may not be comparable to similarly titled measures used by other companies .
reconciliations of these non-gaap measures to the most directly comparable financial measures presented in accordance with gaap are provided below .
ebitda is defined as net earnings before interest expense income taxes and depreciation and amortization .
adjusted ebitda is comprised of ebitda adjusted for certain items as permitted or required under our credit facility as described in the reconciliations below .
these measures are a common measure of operating performance in the telecommunications industry and are useful with other data as a means to evaluate our ability to fund our estimated uses of cash .
the following tables are a reconciliation of net income -loss to adjusted ebitda for the years ended december 31 2019 2018 and 2017 : .
-1 other net includes the equity earnings from our investments dividend income income attributable to noncontrolling interests in subsidiaries acquisition and transaction related costs including integration and severance non-cash pension and post-retirement benefits and certain other miscellaneous items .
-2 includes all cash dividends and other cash distributions received from our investments .

Question: What is the purpose of using EBITDA and adjusted EBITDA?
Answer: to evaluate operating performance and to facilitate the comparison of our historical results and trends.
Quarter Ended (2)
July 28, 2017
October 27, 2017
January 26, 2018
April 27, 2018
Net revenues
$ 1,321
$ 1,415
$ 1,539
$ 1,644
Gross profit
$ 824
$ 900
$ 956
$ 1,029
Provision for income taxes (1)
$ 14
$ 48
$ 983
$ 38
Net income (loss)
$ 131
$ 174
$(479 )
$ 290
Net income (loss) per share, basic
$ 0.49
$ 0.65
$(1.79 )
$ 1.09
Net income (loss) per share, diluted
$ 0.47
$ 0.63
$(1.79 )
$ 1.06
selected quarterly financial data -unaudited .
selected quarterly financial data is as follows -in millions except per share amounts : .
-1 in the quarter ended january 26 2018 our provision for income taxes included significant charges attributable to united states tax reform .
-2 the quarters of fiscal 2018 have been adjusted for our retrospective adoption of the new accounting standard revenue from contracts with customers -asc 606 .

Question: How have the quarters of fiscal 2018 been adjusted?
Answer: for our retrospective adoption of the new accounting standard Revenue from Contracts with Customers (ASC 606).
September 30,
September 30,
2019
2018
(in thousands)
(in thousands)
Cash
$  347
$  374
Restricted cash
9,967
10,000
Other current assets
33
—
Long-term capitalized contract costs
—
33,818
Long-term contracts financing receivable
115,508
—
Other noncurrent assets
1,419
810
Total assets
$  127,274
$  45,002
Trade accounts payable
$  25
$  165
Accrued compensation and other current liabilities
191
—
Due to Cubic
25,143
11,724
Other long-term liabilities
21,605
13
Long-term debt
61,994
9,056
Total liabilities
$  108,958
$  20,958
Total Cubic equity
(603)
(304)
Noncontrolling interests
18,919
24,348
Total liabilities and owners' equity
$ 127,274
$ 45,002
the assets and liabilities of opco that are included in our consolidated balance sheets at september 30 2019 and 2018 are as follows : .
the assets of opco are restricted for opco ’ s use and are not available for the general operations of cubic .
opco ’ s debt is non-recourse to cubic .
cubic ’ s maximum exposure to loss as a result of its equity interest in the p3 venture is limited to the $ 2 .
7 million outstanding letter of credit which will be converted to a cash contribution upon completion of the design and build phase of the mbta contract .

Question: What will Cubic's outstanding letter of credit be converted to?
Answer: a cash contribution upon completion of the design and build phase of the MBTA Contract
Years Ended December 31,
Years Ended December 31,
2019
2018
Balance of unrecognized tax benefits as of January 1,
$1,226
$37,240
Increases for positions taken in prior years
1,353
657
Rate change
(84)
—
Amount of decreases related to settlements
—
(36,671)
Balance of unrecognized tax benefits as of December 31,
$2,495
$1,226
the following is a tabular reconciliation of the total amounts of unrecognized tax benefits -excluding interest and penalties : .
included in the balance of unrecognized tax benefits as of december 31 2019 and 2018 are $ 2495 and $ 220 respectively of tax benefits that if recognized would affect the effective tax rate .
the company records interest and penalties on unrecognized tax benefits in its provision for income taxes .
accrued interest and penalties are included within the related liability for unrecognized tax benefit line on the consolidated balance sheets .
during the years ended december 31 2019 and 2018 the company accrued interest of $ 114 and $ 0 respectively and recorded liabilities for interest and penalties of $ 252 and $ 0 respectively .
after taking into consideration tax attributes such as net operating loss carryforwards and interest the company ’ s unrecognized tax benefits represent a noncurrent reserve for uncertain tax positions of $ 864 and $ 220 as of december 31 2019 and 2018 respectively .
the u .
s .
internal revenue service completed exams on the company ' s u .
s .
federal income tax returns for years 2012 - 2015 .
with few exceptions the company is no longer subject to state and local income tax examinations by tax authorities for years before 2015 .
the company conducts business and files income tax returns in numerous states .
currently one of the company ' s state tax returns is under examination by a state as part of routine audits conducted in the ordinary course of business .
the future utilization of state net operating losses could potentially subject the company to state examinations prior to the otherwise applicable statute of limitation .
states vary in carryforward periods but generally extend up to 20 years or a period consistent with the federal limits under the tax cuts and jobs act .

Question: In which year was Increases for positions taken in prior years less than 1,000?
Answer: 2018
Year Ended
Year Ended
December 31, 2019
December 31, 2018
Expected stock price volatility
92.34%
85.26%
Risk-free interest rate
2.09%
2.73%
Expected life term
6.14 years
6.02 years
Expected dividends
0%
0%
the fair value of each option grant was estimated on the date of grant using the black-scholes option pricing model using the following weighted average assumptions : .
based on the black-scholes option pricing model the weighted average estimated fair value of employee stock options granted was $ 4 .
63 and $ 2 .
58 per share during the years ended december 31 2019 and 2018 respectively .
the expected life was determined using the simplified method outlined in asc 718 “ compensation - stock compensation ” .
expected volatility of the stock options was based upon historical data and other relevant factors .
we have not provided an estimate for forfeitures because we have had nominal forfeited options and rsus and believed that all outstanding options and rsus at december 31 2019 would vest .

Question: What was the change in the expected life term between 2018 and 2019?
Answer: 0.12
December 31, 2019
December 31, 2018
(in thousands)
Assets
Interest rate swap
$—
$1,623
Liabilities
Interest rate swap
$37
$—
6 .
financial instruments .
the composition of financial instruments is as follows : .
the fair values of the company ’ s financial instrument is the amount that would be received in an asset sale or paid to transfer a liability in an orderly transaction between unaffiliated market participants and is recorded using a hierarchical disclosure framework based upon the level of subjectivity of the inputs used in measuring assets and liabilities .
the levels are described below : .
level 1 : quoted prices -unadjusted in active markets that are accessible at the measurement date for assets or liabilities .
level 2 : observable prices that are based on inputs not quoted on active markets but corroborated by market data .
level 3 : unobservable inputs are used when little or no market data is available .
the company classifies its financial instrument within level 2 of the fair value hierarchy on the basis of models utilizing market observable inputs .
the interest rate swap has been valued on the basis of valuations provided by third-party pricing services as derived from standard valuation or pricing models .
market-based observable inputs for the interest rate swap include one month libor-based yield curves over the term of the swap .
the company reviews third-party pricing provider models key inputs and assumptions and understands the pricing processes at its third-party providers in determining the overall reasonableness of the fair value of its level 2 financial instruments .
the company also considers the risk of nonperformance by assessing the swap counterparty ' s credit risk in the estimate of fair value of the interest rate swap .
as of december 31 2019 and 2018 the company has not made any adjustments to the valuations obtained from its third party pricing providers .

Question: What was the interest rate swap in 2019 and 2018 respectively?
Answer: 0 1,623
2019
2018
£m
£m
Wages and salaries
345.6
325.9
Social security costs
71.6
58.7
Pension costs
21.5
19.3
Total payroll costs
438.7
403.9
5 staff costs and numbers .
the aggregate payroll costs of persons employed by the group were as follows : .

Question: What are the different components that make up the total payroll costs?
Answer: Wages and salaries Social security costs Pension costs
2019
2018
Debt due within one year
3,881
4,645
Long-term debt
22,415
19,760
50% of outstanding preferred shares
2,002
2,002
Cash and cash equivalents
(145)
(425)
Net debt
28,153
25,982
net debt .
the term net debt does not have any standardized meaning under ifrs .
therefore it is unlikely to be comparable to similar measures presented by other issuers .
we define net debt as debt due within one year plus long-term debt and 50 % of preferred shares less cash and cash equivalents as shown in bce ’ s consolidated statements of financial position .
we include 50 % of outstanding preferred shares in our net debt as it is consistent with the treatment by certain credit rating agencies .
we consider net debt to be an important indicator of the company ’ s financial leverage because it represents the amount of debt that is not covered by available cash and cash equivalents .
we believe that certain investors and analysts use net debt to determine a company ’ s financial leverage .
net debt has no directly comparable ifrs financial measure but rather is calculated using several asset and liability categories from the statements of financial position as shown in the following table .

Question: What is the change in the debt due within one year in 2019?
Answer: -764
2019
2018
2017
S$ Mil
S$ Mil
S$ Mil
Statement of comprehensive income
Revenue
250.1
353.9
144.1
Profit after tax
451.7
488.2
166.1
Other comprehensive (loss)/ income
(0.9)
10.9
(1.6)
Total comprehensive income
450.8
499.1
164.5
Statement of financial position
Current assets
743.1
720.0
701.9
Non-current assets
1,532.5
1,554.3
1,629.3
Current liabilities
(305.1)
(444.4)
(483.6)
Non-current liabilities
(205.5)
(313.4)
(395.3)
Net assets
1,765.0
1,516.5
1,452.3
Less: Non-controlling interests
(304.6)
(342.2)
(411.6)
Net assets attributable to equity holders
1,460.4
1,174.3
1,040.7
Proportion of the Group’s ownership
21.0%
21.0%
21.0%
Group’s share of net assets
306.7
246.6
218.5
Goodwill and other identifiable intangible assets
1,441.7
1,417.6
1,371.7
Others (1)
(46.8)
(23.0)
(8.4)
Carrying amount of the investment
1,701.6
1,641.2
1,581.8
Other items
Group’s share of market value
1,653.2
1,639.6
1,525.0
Dividends received during the year
78.5
77.8
-
23 .
associates -cont ' d .
the summarised financial information of the group ’ s significant associate namely intouch holdings public company limited - “ intouch ” based on its financial statements and a reconciliation with the carrying amount of the investment in the consolidated financial statements was as follows – .
note : -1 others include adjustments to align the respective local accounting standards to sfrs-i .

Question: Which associate's information does this note contain?
Answer: Intouch Holdings Public Company Limited
Fiscal 2019
Fiscal 2018
$
$
(in thousands)
(in thousands)
Audit Fees
1,133
764
Audit-Related Fees
—
—
Tax Fees
—
—
All Other Fees
3
2
Total
1,136
766
auditor service fees .
the aggregate amounts paid or accrued by the company with respect to fees payable to pricewaterhousecoopers llp the auditors of the company for audit -including separate audits of wholly-owned and non-wholly owned entities financings regulatory reporting requirements and sox related services audit-related tax and other services in the years ended december 31 2019 and 2018 were as follows : .
audit fees relate to the audit of our annual consolidated financial statements the review of our quarterly condensed consolidated financial statements and services in connection with our 2019 and 2018 public offerings of class a subordinate voting shares .
audit-related fees consist of aggregate fees for accounting consultations and other services that were reasonably related to the performance of audits or reviews of our consolidated financial statements and were not reported above under " audit fees " .
tax fees relate to assistance with tax compliance expatriate tax return preparation tax planning and various tax advisory services .
other fees are any additional amounts for products and services provided by the principal accountants other than the services reported above under " audit fees " " audit-related fees " and " tax fees " .

Question: Which financial items are listed in the table?
Answer: Audit Fees Audit-Related Fees Tax Fees All Other Fees
($ in millions)
At December 31, 2019:
Investment in Sales-Type and Direct Financing Leases
Commercial Financing Receivables
Client Loan and Installment Payment Receivables/ (Loans)
Total
Financing receivables, gross
$6,077
$3,836
$13,592
$23,504
Unearned income
(509)
(4)
(570)
(1,083)
Recorded investment
$5,567
$3,831
$13,022
$22,421
Allowance for credit losses
(72)
(11)
(138)
(221)
Unguaranteed residual value
652
—
—
652
Guaranteed residual value
53
—
—
53
Total financing receivables, net
$6,199
$3,820
$12,884
$22,904
Current portion
$2,334
$3,820
$ 8,037
$14,192
Noncurrent portion
$3,865
$      —
$ 4,847
$ 8,712
financing receivables primarily consist of client loan and installment payment receivables -loans investment in sales-type and direct financing leases and commercial financing receivables .
client loan and installment payment receivables -loans are provided primarily to clients to finance the purchase of hardware software and services .
payment terms on these financing arrangements are generally for terms up to seven years .
client loans and installment payment financing contracts are priced independently at competitive market rates .
investment in sales-type and direct financing leases relates principally to the company ’ s systems products and are for terms ranging generally from two to six years .
commercial financing receivables relate primarily to inventory and accounts receivable financing for dealers and remarketers of ibm and oem products .
payment terms for inventory and accounts receivable financing generally range from 30 to 90 days .

Question: What is the purpose of Client loan and installment payment receivables (loans)?
Answer: Client loan and installment payment receivables (loans) are provided primarily to clients to finance the purchase of hardware, software and services.
2019
2018
2017
Net derivative gains (losses) incurred
$(3.6)
$(0.9)
$0.6
Less: Net derivative gains (losses) allocated to reporting segments
(1.8)
(7.1)
5.7
Net derivative gains (losses) recognized in general corporate expenses
$(1.8)
$6.2
$(5.1)
Net derivative gains (losses) allocated to Grocery & Snacks
$(2.1)
$0.2
$3.4
Net derivative gains (losses) allocated to Refrigerated & Frozen
(1.1)
(0.3)
0.8
Net derivative gains (losses) allocated to International
2.8
(6.9)
1.6
Net derivative losses allocated to Foodservice
(0.6)
(0.1)
—
Net derivative losses allocated to Pinnacle Foods
(0.8)
—
—
Net derivative losses allocated to Commercial
—
—
(0.1)
Net derivative gains (losses) included in segment operating profit
$(1.8)
$(7.1)
$5.7
presentation of derivative gains -losses for economic hedges of forecasted cash flows in segment results .
derivatives used to manage commodity price risk and foreign currency risk are not designated for hedge accounting treatment .
we believe these derivatives provide economic hedges of certain forecasted transactions .
as such these derivatives are recognized at fair market value with realized and unrealized gains and losses recognized in general corporate expenses .
the gains and losses are subsequently recognized in the operating results of the reporting segments in the period in which the underlying transaction being economically hedged is included in earnings .
in the event that management determines a particular derivative entered into as an economic hedge of a forecasted commodity purchase has ceased to function as an economic hedge we cease recognizing further gains and losses on such derivatives in corporate expense and begin recognizing such gains and losses within segment operating results immediately .
the following table presents the net derivative gains -losses from economic hedges of forecasted commodity consumption and the foreign currency risk of certain forecasted transactions under this methodology : .
as of may 26 2019 the cumulative amount of net derivative gains from economic hedges that had been recognized in general corporate expenses and not yet allocated to reporting segments was $ 1 .
4 million .
this amount reflected net gains of $ 1 .
0 million incurred during the fiscal year ended may 26 2019 as well as net gains of $ 0 .
4 million incurred prior to fiscal 2019 .
based on our forecasts of the timing of recognition of the underlying hedged items we expect to reclassify to segment operating results gains of $ 0 .
9 million in fiscal 2020 and $ 0 .
5 million in fiscal 2021 and thereafter .
notes to consolidated financial statements - -continued fiscal years ended may 26 2019 may 27 2018 and may 28 2017 -columnar dollars in millions except per share amounts .

Question: What is the percentage change in net derivative gains (losses) included in segment operating profit in 2019 compared to 2017?
Answer: -131.58
Years
Pension Benefits
Other Long Term Benefits
2020
32
7
2021
29
7
2022
32
5
2023
41
6
2024
51
9
From 2025 to 2029
272
35
the company ’ s estimated future benefit payments as of december 31 2019 are as follows : .
the company has certain defined contribution plans which accrue benefits for employees on a pro-rata basis during their employment period based on their individual salaries .
the company ’ s accrued benefits related to defined contribution pension plans of $ 20 million as of december 31 2019 and $ 18 million as of december 31 2018 .
the annual cost of these plans amounted to approximately $ 86 million in 2019 $ 84 million in 2018 and $ 77 million in 2017 .

Question: What was the annual cost of contribution pension plans in 2017?
Answer: $77 million
As of and for the Years Ended December 31,
As of and for the Years Ended December 31,
As of and for the Years Ended December 31,
As of and for the Years Ended December 31,
As of and for the Years Ended December 31,
2018
Recognition of Net Periodic Benefits Expense
Deferrals
Net Change in AOCL
2019
(Dollars in millions)
(Dollars in millions)
(Dollars in millions)
(Dollars in millions)
(Dollars in millions)
Accumulated other comprehensive loss:
Pension plans:
Net actuarial (loss) gain
$(2,973)
224
(297)
(73)
(3,046)
Prior service benefit (cost)
46
(8)
9
1
47
Deferred income tax benefit (expense)
754
(53)
69
16
770
Total pension plans
(2,173)
163
(219)
(56)
(2,229)
Post-retirement benefit plans:
Net actuarial (loss) gain
7
—
(182)
(182)
(175)
Prior service (cost) benefit
(87)
16
—
16
(71)
Deferred income tax benefit (expense)
22
(4)
44
40
62
Total post-retirement benefit plans
(58)
12
(138)
(126)
(184)
Total accumulated other comprehensive loss
$(2,231)
175
(357)
(182)
(2,413)
accumulated other comprehensive loss-recognition and deferrals .
the following table presents cumulative items not recognized as a component of net periodic benefits expense as of december 31 2018 items recognized as a component of net periodic benefits expense in 2019 additional items deferred during 2019 and cumulative items not recognized as a component of net periodic benefits expense as of december 31 2019 .
the items not recognized as a component of net periodic benefits expense have been recorded on our consolidated balance sheets in accumulated other comprehensive loss : .

Question: Where are the items not recognized as a component of net periodic benefits expense recorded?
Answer: on our consolidated balance sheets in accumulated other comprehensive loss