FangyuLei/tatqa huggingface dataset:
Fiscal Year
Fiscal Year
Fiscal Year
($ in millions)
2019
2018
Net sales
$2,380.2
$2,157.7
Less: surcharge revenue
438.1
365.4
Net sales excluding surcharge revenue
$1,942.1
$1,792.3
Operating income
$241.4
$189.3
Special items:
Acquisition-related costs
1.2
—
Adjusted operating income excluding special items
$242.6
$189.3
Operating margin
10.1%
8.8%
Adjusted operating margin excluding surcharge revenue and special items
12.5%
10.6%
operating income .
our operating income in fiscal year 2019 increased to $ 241 .
4 million or 10 .
1 percent of net sales as compared with $ 189 .
3 million or 8 .
8 percent of net sales in fiscal year 2018 .
excluding surcharge revenue and special items adjusted operating margin was 12 .
5 percent for the fiscal year 2019 and 10 .
6 percent for the same period a year ago .
the increase in the operating margin reflects steady demand and improved product mix coupled with operating cost improvements offset by higher selling general and administrative expenses compared to the same period a year ago .
the following presents our operating income and operating margin in each case excluding the impact of surcharge on net sales and special items .
we present and discuss these financial measures because management believes removing the impact of these items provides a more consistent and meaningful basis for comparing results of operations from period to period .
see the section “ non-gaap financial measures ” below for further discussion of these financial measures .

Question: What was the percentage change in the amount of surcharge revenue from 2018 to 2019?
Answer: 19.9
July 27, 2019
Gross
Accumulated Amortization
Net
Purchased intangible assets with finite lives:
Technology  .
$3,270
$(1,933)
$1,337
Customer relationships .
840
(331)
509
Other
41
(22)
19
Total purchased intangible assets with finite lives
4,151
(2,286)
1,865
In-process research and development, with indefinite lives .
336
—
336
Total .
$4,487
$(2,286)
$2,201
5 .
goodwill and purchased intangible assets .
-b purchased intangible assets .
the following tables present details of our purchased intangible assets -in millions : .
purchased intangible assets include intangible assets acquired through acquisitions as well as through direct purchases or licenses .
impairment charges related to purchased intangible assets were approximately $ 47 million for fiscal 2017 .
impairment charges were as a result of declines in estimated fair value resulting from the reduction or elimination of expected future cash flows associated with certain of our technology and ipr & d intangible assets .

Question: What was the difference in the net values between Technology and Customer relationships?
Answer: 828
Number of Shares
Weighted Average Exercise Price
Outstanding at September 2018
33,800
$  77.85
Granted
5,450
84.00
Exercised
(2,800)
79.22
Forfeited/Expired
—
—
Outstanding at September 2019
36,450
$  78.67
the following is a summary of stock option activity during fiscal 2019 : .
net income before income taxes included compensation expense related to the amortization of the company ’ s stock option awards of $ 0 .
1 million during both fiscal 2019 and fiscal 2018 .
at september 2019 total unamortized compensation expense related to stock options was approximately $ 0 .
3 million .
this unamortized compensation expense is expected to be amortized over approximately the next 38 months .
the aggregate intrinsic value of stock options exercisable was approximately $ 0 .
2 million and $ 0 .
3 million at september 2019 and september 2018 respectively .
the total intrinsic value of stock options exercised was $ 0 .
1 million in both fiscal 2019 and fiscal 2018 .
the total fair value of stock options vested was $ 0 .
4 million during both fiscal 2019 and fiscal 2018 .

Question: What is the compensation expense related to the amortization of the Company’s stock option awards included in the net income before income taxes in both fiscal 2018 and 2019 respectively?
Answer: $0.1 million $0.1 million
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2017
Balances at beginning of period
$2,084
$2,312
$2,329
Warranty acquired in business combinations
4,818
305
118
Increases to accruals
1,752
1,606
2,029
Warranty expenditures
(2,249)
(2,127)
(2,184)
Effect of changes in exchange rates
8
(12)
20
Balances at end of period
$6,413
$2,084
$2,312
advanced energy industries inc .
notes to consolidated financial statements – -continued -in thousands except per share amounts .
note 15 .
warranties .
provisions of our sales agreements include customary product warranties ranging from 12 months to 24 months following installation .
the estimated cost of our warranty obligation is recorded when revenue is recognized and is based upon our historical experience by product configuration and geographic region .
our estimated warranty obligation is included in other accrued expenses in our consolidated balance sheets .
changes in our product warranty obligation are as follows : .

Question: How does the company record the estimated cost of warranty obligation?
Answer: when revenue is recognized and is based upon our historical experience by product, configuration and geographic region.
2019
2018
Deferred tax assets (liabilities):
NOL carryover
$5,910
$3,370
R&D carryover
173
173
Other
236
239
Depreciation
42
61
6,361
3,843
Less valuation allowance
(6,361)
(3,843)
Net deferred tax asset
$-
$-
deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible differences and operating loss and tax credit carry-forwards and deferred tax liabilities are recognized for taxable temporary differences .
temporary differences are the difference between the reported amounts of assets and liabilities and their tax bases .
deferred tax assets are reduced by a valuation allowance when in the opinion of management it is more likely than not that some portion or all of the deferred tax assets will not be realized .
deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment .
at december 31 2019 the company had net operating loss carry-forwards of approximately $ 21 .
6 million that may be offset against future taxable income indefinitely .
no tax benefit has been reported in the 2019 financial statements since the potential tax benefit is offset by a valuation allowance of the same amount .
net deferred tax assets consist of the following components as of december 31 2019 and 2018 : .
due to the change in ownership provisions of the tax reform act of 1986 net operating loss carry-forwards for federal income tax reporting purposes are subject to annual limitations .
should a change in ownership occur net operating loss carry-forwards may be limited as to use in future years .

Question: What is the net operating loss carry-forwards at December 31, 2019?
Answer: $21.6 million
2019
2018
£m
£m
Trade payables
57.9
57.4
Contract liabilities
8.7
8.9
Social security
5.6
5.1
Other payables
37.8
37.6
Accruals
64.8
58.0
Total trade and other payables
174.8
167.0
19 trade and other payables .
contract liabilities relate to advance payments received from customers which have not yet been recognised as revenue .
£ 8 .
3m of the contract liabilities at 31st december 2018 was recognised as revenue during 2019 -2018 : £ 3 .
0m .

Question: What do contract liabilities relate to?
Answer: advance payments received from customers which have not yet been recognised as revenue
2019
2018
Number
Number
Manufacturing
40
37
Product development
54
50
Selling and marketing
52
45
Administration
32
30
178
162
2 .
employees .
please refer to the report on directors ’ remuneration on pages 77 to 101 and note 38 of notes to the consolidated financial statements on page 161 for disclosures relating to the emoluments share incentives and long-term incentive interests and pensions of the directors .
the average number of people employed by the company during the year was : .

Question: What should be referred to for disclosures relating to the emoluments, share incentives and long-term incentive interests and pensions of the Directors?
Answer: refer to the Report on Directors’ remuneration on pages 77 to 101 and note 38 of Notes to the consolidated financial statements on page 161
Fiscal
Fiscal
Fiscal
2019
2018
2017
Cost of sales
$4,880
$4,403
$3,541
Research and development
2,990
3,247
2,973
Selling, general and administrative
28,596
25,088
23,911
Income tax benefit
(4,946)
(5,073)
(7,073)
$31,520
$27,665
$23,352
stock compensation expense .
the following table shows total stock-based compensation expense and related tax benefits included in the consolidated statements of operations for fiscal 2019 2018 and 2017 -in thousands : .
as a result of our acquisition of rofin on november 7 2016 we made a payment of $ 15 .
3 million due to the cancellation of options held by employees of rofin .
the payment was allocated between total estimated merger consideration of $ 11 .
1 million and post-merger stock-based compensation expense of $ 4 .
2 million recorded in the first quarter of fiscal 2017 based on the portion of the total service period of the underlying options that have not been completed by the merger date .
during fiscal 2019 $ 4 .
8 million of stock-based compensation cost was capitalized as part of inventory for all stock plans $ 4 .
8 million was amortized into cost of sales and $ 1 .
5 million remained in inventory at september 28 2019 .
during fiscal 2018 $ 4 .
7 million of stock-based compensation cost was capitalized as part of inventory for all stock plans $ 4 .
4 million was amortized into cost of sales and $ 1 .
5 million remained in inventory at september 29 2018 .
at fiscal 2019 year-end the total compensation cost related to unvested stock-based awards granted to employees under our stock plans but not yet recognized was approximately $ 33 .
1 million .
we do not estimate forfeitures .
this cost will be amortized on a straight-line basis over a weighted-average period of approximately 1 .
5 years .

Question: In which years was cost of sales calculated?
Answer: 2019 2018 2017
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
2016
2015
Total Bookings:
(unaudited; in millions)
Total revenue
$2,988.1
$2,660.1
$2,231.9
$1,847.9
$1,607.3
Change in deferred revenue(1)
180.5
163.2
214.4
163.5
165.9
Net refunds
233.4
192.6
170.0
141.9
137.8
Other
(0.8)
(4.4)
1.9
2.2
3.2
Total bookings
$3,401.2
$3,011.5
$2,618.2
$2,155.5
$1,914.2
reconciliation of bookings .
the following table reconciles total bookings to total revenue its most directly comparable gaap financial measure : .
-1 change in deferred revenue also includes the impact of realized gains or losses from the hedging of bookings in foreign currencies .

Question: How many financial years had total bookings below $3,000 millions?
Answer: 3
Category
Number of equity shares held
Percentage of holding
Promoters
2,702,450,947
72.0
Other Entities of the Promoter Group
1,091,053
-
Mutual Funds & UTI
93,357,668
2.5
Banks, Financial Institutions, States and Central Government
2,750,113
0.1
Insurance Companies
196,172,807
5.2
Foreign Institutional Investors and Foreign Portfolio Investors - Corporate
592,842,601
15.8
NRI's / OCB's / Foreign Nationals
4,854,682
0.1
Corporate Bodies / Trust
26,208,151
0.7
Indian Public & Others
130,744,399
3.6
Alternate Investment Fund
1,663,495
-
IEPF account
248,790
-
GRAND TOTAL
3,752,384,706
100.0
Name of the shareholder*
Number of equity shares held
Percentage of holding
1. Tata Sons Private Limited
2,702,450,947
72.0
2. Life Insurance Corporation of India
152,493,927
4.1
3. SBI Mutual Fund
21,680,561
0.6
4. First State Investments Icvc- Stewart Investors Asia Pacific Leaders Fund
19,248,438
0.5
5. Government of Singapore
18,028,475
0.5
6. Oppenheimer Developing Markets Fund
16,731,906
0.5
7. ICICI Prudential Life Insurance Company Ltd
16,139,316
0.4
8. Axis Mutual Fund Trustee Limited
15,244,614
0.4
9. Abu Dhabi Investment Authority
15,036,984
0.4
10. Vanguard Emerging Markets Stock Index Fund, A Series of Vanguard International Equity Index Funds
14,112,213
0.4
b .
categories of equity shareholding as on march 31 2019 : .
c .
top ten equity shareholders of the company as on march 31 2019 : .
* shareholding is consolidated based on permanent account number -pan of the shareholder .

Question: What is the difference between number of equity shares held between Promoters and Insurance Companies?
Answer: 2506278140
2019 Goodwill
2018 Goodwill
£m
£m
Steam Specialties
113.0
119.3
Electric Thermal Solutions
244.7
183.0
Watson-Marlow
60.0
65.7
Total goodwill
417.7
368.0
15 goodwill and other intangible assets continued .
impairment .
in accordance with the requirements of ias 36 -impairment of assets goodwill is allocated to the group ’ s cash-generating units or groups of cash-generating units that are expected to benefit from the synergies of the business combination that gave rise to the goodwill .
during 2019 we performed a review on the basis of identification of our individual cgus .
as a result of this review we have consolidated a number of our current individual cgus into groups of cgus that represent the lowest level to which goodwill is monitored for internal management purposes being each operating segment as disclosed in note 3 .
as a result we performed an impairment review at an operating segment cgu level the breakdown of the goodwill value at 31st december across these is shown below : .
in order to complete the transition to performing goodwill impairment reviews at an operating segment level we also performed a goodwill impairment review as at 31st december 2019 under the historical cgu basis .
the result of this impairment review led to an impairment of £ 4 .
2m being recognised in respect of watson-marlow flowsmart .
no other impairment was recognised .
the goodwill balance has been tested for annual impairment on the following basis : .
• the carrying values of goodwill have been assessed by reference to value in use .
these have been estimated using cash flows based on forecast information for the next financial year which have been approved by the board and then extended up to a further 9 years based on the most recent forecasts prepared by management ; • pre-tax discount rates range from 11-12 % -2018 : 10-15 % ; • short to medium-term growth rates vary between 3-8 % depending on detailed forecasts -2018 : 2-8 % .
the range in rates excludes the annualised impact of owning thermocoax for a first full year in 2020 .
the short to medium-term is defined as not more than 10 years ; and • long-term growth rates are set using imf forecasts and vary between 1 .
8-2 .
5 % -2018 : 0 .
8-3 .
0 % .

Question: In which year was the amount of Goodwill for Watson-Marlow larger?
Answer: 2018
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2019
2018
(in thousands)
Beginning balance
$4,400
$4,400
Transfers to developed technology from IPR&D
(4,400)
—
Ending balance
$—
$4,400
indefinite-lived intangible assets .
indefinite-lived intangible assets consist entirely of acquired in-process research and development technology or ipr & d .
the following table sets forth the company ’ s activities related to the indefinite-lived intangible assets : .
the company performs its annual assessment of indefinite-lived intangible assets on october 31 each year or more frequently if events or changes in circumstances indicate that the asset might be impaired utilizing a qualitative test as a precursor to the quantitative test comparing the fair value of the assets with their carrying amount .
based on the qualitative test if it is more likely than not that indicators of impairment exists the company proceeds to perform a quantitative analysis .
based on the company ’ s assessment as of october 31 2019 no indicators of impairment were identified .
in the years ended december 31 2019 and 2018 no ipr & d impairment losses were recorded .
in the year ended december 31 2017 the company recognized impairment losses of $ 2 .
0 million related to the company ' s abandonment of a single ipr & d project .

Question: In which year was Transfers to developed technology from IPR&D negative?
Answer: 2019
Year Ended March 31,
Year Ended March 31,
Year Ended March 31,
2019
2018
2017
Net sales
100.0%
100.0%
100.0%
Cost of sales
45.2
39.2
48.4
Gross profit
54.8
60.8
51.6
Research and development
15.4
13.3
16.0
Selling, general and administrative
12.8
11.4
14.7
Amortization of acquired intangible assets
12.6
12.2
9.9
Special charges and other, net
0.6
0.4
2.9
Operating income
13.4%
23.5%
8.1%
results of continuing operations .
the following table sets forth certain operational data as a percentage of net sales for the fiscal years indicated : .

Question: Which years does the table provide information for certain operational data as a percentage of net sales?
Answer: 2019 2018 2017
Fiscal Years
Fiscal Years
2018
2017
Revenue (1)
$—
$660
Cost of revenue (1)
(596)
2,252
Gross profit (loss)
596
(1,592)
Operating expenses:   
Research and development (1)
5,251
29,167
Selling, general and administrative (1)
1,560
13,840
Total operating expenses
6,811
43,007
Loss from discontinued operations (1)
(6,215)
(44,599)
Other income (2)
—
7,500
Gain on sale (2)
—
18,022
Loss income before income taxes
(6,215)
(19,077)
Income tax provision (benefit)
—
—
Loss income from discontinued operations
(6,215)
(19,077)
Cash flow used in Operating Activities (1)
(10,734)
(42,776)
Cash flow from Investing Activities (2)
—
25,522
discontinued operations .
on october 27 2017 we entered into a purchase agreement to sell the compute business .
in consideration for the transfer and sale of the compute business we received an equity interest in the buyer valued at approximately $ 36 .
5 million representing the carrying value of the assets divested and representing less than 20 .
0 % of the buyer ' s total outstanding equity .
the operations of the compute business were accounted for as discontinued operations through the date of divestiture .
we also entered into a transition services agreement -the " compute tsa " pursuant to which we agreed to perform certain primarily general and administrative functions on the buyer ' s behalf during a migration period and for which we are reimbursed for costs incurred .
during the fiscal year 2019 we received $ 0 .
1 million of reimbursements under the compute tsa which was recorded as a reduction of our general and administrative expenses .
during the fiscal year 2018 we received $ 3 .
6 million of reimbursements under the compute tsa which was recorded as a reduction of our general and administrative expenses .
in august of fiscal year 2015 we sold our automotive business as the automotive business was not consistent with our long-term strategic vision from both a growth and profitability perspective .
additionally we entered into a consulting agreement with the buyer pursuant to which we were to provide the buyer with certain non-design advisory services for a period of two years following the closing of the transaction for up to $ 15 .
0 million from which we have recorded $ 7 .
5 million as other income during both fiscal years 2017 and 2016 .
no income was recognized during fiscal years 2019 or 2018 .
during fiscal year 2017 we received $ 18 .
0 million the full amount of the indemnification escrow .
the accompanying consolidated statements of operations includes the following operating results related to these discontinued operations -in thousands : .
-1 amounts are associated with the compute business .
-2 amounts are associated with the automotive business .

Question: What was the amount of reimbursements under the Compute TSA in 2019?
Answer: $0.1 million
2019
2018
£m
£m
Amounts owed by Group undertakings
414.7
439.9
Deferred tax asset
1.2
0.8
Total
415.9
440.7
4 .
debtors .
amounts owed by group undertakings are non-interest-bearing unsecured and have no fixed date of repayment .

Question: What was the change in deferred tax asset in 2019 from 2018?
Answer: 0.4
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
Cost of revenue
$10.6
$7.0
$6.0
Research and development
17.0
14.3
12.5
Selling and marketing
14.8
14.1
11.7
General and administrative
37.0
42.9
39.6
Share-based compensation expense
79.4
78.3
69.8
Related income tax benefits at federal rate (1)
(16.7)
(16.4)
(24.4)
Share-based compensation expense, net of taxes
$62.7
$61.9
$45.4
note 11 : share-based compensation .
total share-based compensation expense related to the company ' s stock options rsus stock grant awards and espp were recorded within the consolidated statements of operations and comprehensive income as follows -in millions : .
-1 recognition of related income tax benefits are the result of the adoption of asu 2016-09 during the first quarter of 2017 through a cumulative effect adjustment of $ 68 .
1 million recorded as a credit to retained earnings as of january 1 2017 .
tax benefit is calculated using the federal statutory rate of 21 % during the years ended december 31 2019 and december 31 2018 and 35 % for the year ended december 31 2017 .
at december 31 2019 total unrecognized share-based compensation expense net of estimated forfeitures related to non-vested rsus with service performance and market conditions was $ 74 .
9 million which is expected to be recognized over a weighted-average period of 1 .
3 years .
the total intrinsic value of stock options exercised during the year ended december 31 2019 was $ 3 .
9 million .
the company received cash of $ 1 .
7 million and $ 26 .
2 million from the exercise of stock options and the issuance of shares under the espp respectively .
upon option exercise vesting of rsus stock grant awards or completion of a purchase under the espp the company issues new shares of common stock .

Question: What is the cost of revenue in 2019?
Answer: $10.6
($ in millions)
($ in millions)
($ in millions)
($ in millions)
For the year ended December 31:
2019
2018
Yr.-to-Yr Percent/ Margin Change
Systems
External Systems Hardware gross profit
$2,622
$2,590
1.2%
External Systems Hardware gross profit margin
44.3%
40.7%
3.6pts.
External Operating Systems Software gross profit
$1,412
$1,412
0.0%
External Operating Systems Software gross profit margin
83.8%
84.5%
(0.7)pts.
External total gross profit
$4,034
$4,002
0.8%
External total gross profit margin
53.1%
49.8%
3.2pts.
Pre-tax income
$701
$904
(22.4)%
Pre-tax margin
8.4%
10.2%
(1.8)pts.
the systems gross profit margin increased 3 .
2 points to 53 .
1 percent in 2019 compared to the prior year .
the increase was driven by actions taken in 2018 to better position the cost structure over the longer term a mix to ibm z hardware and operating systems and margin improvement in storage systems .
pre-tax income of $ 701 million declined 22 .
4 percent and pre-tax margin of 8 .
4 percent decreased 1 .
8 points year to year driven by the declines in power systems and storage systems revenue and the continued investment in innovation across the systems portfolio mitigated by the benefit from the new hardware launches in the second-half 2019 .

Question: What was the average External Systems Hardware gross profit?
Answer: 2606
2019
2018
Lease liabilities
$28,046
$—
Other
708
534
Total other non-current liabilities
$28,754
$534
other non-current liabilities .
other non-current liabilities consisted of the following -in thousands : .

Question: What is the percentage change in total other non-current liabilities between 2018 and 2019?
Answer: 5284.64