FangyuLei/tatqa huggingface dataset:
Three Months Ended
(in days)
Three Months Ended
April 26, 2019
April 27, 2018
April 28, 2017
Days sales outstanding (1)
70
58
45
Days inventory outstanding (2)
21
18
26
Days payables outstanding (3)
(87)
(90)
(56)
Cash conversion cycle (4)
3
(14 )
15
Days may not add due to rounding
cash conversion cycle .
the following table presents the components of our cash conversion cycle for the fourth quarter of each of the past three fiscal years : .
-1 days sales outstanding referred to as dso calculates the average collection period of our receivables .
dso is based on ending accounts receivable and net revenue for each period .
dso is calculated by dividing accounts receivable by average net revenue per day for the current quarter -91 days for each of the fourth quarters presented above .
the year over year increases in dso in the fourth quarter of fiscal 2019 and fiscal 2018 were primarily due to less favorable shipping linearity and in the case of fiscal 2019 one of our major distributors choosing not to take advantage of an early payment discount .
-2 days inventory outstanding referred to as dio measures the average number of days from procurement to sale of our products .
dio is based on ending inventory and cost of revenues for each period .
dio is calculated by dividing ending inventory by average cost of revenues per day for the current quarter .
the increase in dio in the fourth quarter of fiscal 2019 compared to the corresponding period of fiscal 2018 was primarily due to higher levels of finished goods on hand at the end of fiscal 2019 .
compared to the corresponding period in fiscal 2017 the decrease in dio in the fourth quarter of fiscal 2018 was due primarily to strong product sales towards the end of the fourth quarter of fiscal 2018 .
-3 days payables outstanding referred to as dpo calculates the average number of days our payables remain outstanding before payment .
dpo is based on ending accounts payable and cost of revenues for each period .
dpo is calculated by dividing accounts payable by average cost of revenues per day for the current quarter .
dpo for the fourth quarter of fiscal 2019 was relatively unchanged compared to the fourth quarter of fiscal 2018 while it increased compared to the corresponding period in fiscal 2017 was primarily the result of improved vendor payables management and extensions of payment terms with our suppliers .
-4 the cash conversion cycle is the sum of dso and dio less dpo .
items which may cause the cash conversion cycle in a particular period to differ include but are not limited to changes in business mix changes in payment terms -including extended payment terms from suppliers the extent of shipment linearity seasonal trends and the timing of revenue recognition and inventory purchases within the period .

Question: How many years did days inventory outstanding exceed 20 days?
Answer: 2
(In thousands)
March 31, 2018
Adjustment from Topic 606
April 1, 2018
Assets:
Accounts receivable, net
16,389
3,124
19,513
Contract assets
—
4,583
4,583
Prepaid expenses and other current assets
5,593
(496)
5,097
Other non-current assets
2,484
2,409
4,893
Liabilities:
Contract liabilities
26,820
7,006
33,826
Shareholders' equity:
Retained earnings
103,601
2,614
106,215
financial statement impact of adoption on previously reported results .
we adopted topic 606 using the modified retrospective method .
the cumulative impact of applying the new guidance to all contracts with customers that were not completed as of april 1 2018 was recorded as an adjustment to retained earnings as of the adoption date .
as a result of applying the modified retrospective method to adopt the new standard the following adjustments were made to noted accounts on the consolidated balance sheet as of april 1 2018 : .
the acceleration of revenue that was deferred under prior guidance as of the adoption date was primarily attributable to the requirement of topic 606 to allocate the transaction price to the performance obligations in the contract on a relative basis using ssp rather than allocating under the residual method which allocates the entire arrangement discount to the delivered performance obligations .
due to the company ' s full valuation allowance as of the adoption date there is no tax impact associated with the adoption of topic 606 .
we made certain presentation changes to our consolidated balance sheet on april 1 2018 to comply with topic 606 .
prior to adoption of the new standard we offset accounts receivable and contract liabilities -previously presented as deferred revenue on our consolidated balance sheet for unpaid deferred performance obligations included in contract liabilities .
under the new standard we record accounts receivable and related contract liabilities for non-cancelable contracts with customers when the right to consideration is unconditional .
upon adoption the right to consideration in exchange for goods or services that have been transferred to a customer when that right is conditional on something other than the passage of time were reclassified from accounts receivable to contract assets .

Question: What was the adjustment amount to accounts receivable, net?
Answer: 3,124
For the fiscal year ended
For the fiscal year ended
For the fiscal year ended
June 1, 2019
June 2, 2018
June 3, 2017
Net sales
$112,396
$107,705
$86,072
Net income
9,490
7,071
2,804
Total assets
128,470
134,056
131,871
Total liabilities
7,600
5,859
6,543
Total equity
120,870
128,197
125,328
3 .
investment in unconsolidated entities .
the company has several investments in unconsolidated entities that are accounted for using the equity method of accounting .
red river valley egg farm llc - " red river " operates a cage-free shell egg production complex near bogota texas .
specialty eggs llc - " specialty eggs " owns the egg-land ' s best franchise for most of georgia and south carolina as well as a portion of western north carolina and eastern alabama .
southwest specialty eggs llc - " southwest specialty eggs " owns the egg-land ' s best franchise for arizona southern california and clark county nevada -including las vegas .
as of june 1 2019 the company owns 50 % of each of red river specialty eggs and southwest specialty eggs .
equity method investments are included in “ investments in unconsolidated entities ” in the accompanying consolidated balance sheets and totaled $ 60 .
7 million and $ 64 .
2 million at june 1 2019 and at june 2 2018 respectively .
equity in income of unconsolidated entities of $ 4 .
8 million $ 3 .
5 million and $ 1 .
4 million from these entities has been included in the consolidated statements of operations for fiscal 2019 2018 and 2017 respectively .
the condensed consolidated financial information for the company ' s unconsolidated joint ventures was as follows -in thousands : .
the company is a member of eggland ’ s best inc .
- “ eb ” which is a cooperative .
at june 1 2019 and june 2 2018 “ other long-term assets ” as shown on the company ’ s consolidated balance sheet includes the cost of the company ’ s investment in eb plus any qualified written allocations .
the company cannot exert significant influence over eb ’ s operating and financial activities ; therefore the company accounts for this investment using the cost method .
the carrying value of this investment at june 1 2019 and june 2 2018 was $ 2 .
6 million and $ 2 .
6 million respectively .

Question: What is the net sales in 2019?
Answer: 112,396
2019
2018
£m
£m
Fees payable for the audit of the Company and consolidated financial statements
0.1
0.1
Fees payable for other services:
– the audit of the subsidiary undertakings pursuant to legislation
0.2
0.1
Total
0.3
0.2
services provided by the company ’ s auditors .
during the year the group -including overseas subsidiaries obtained the following services from the operating company ’ s auditors : .

Question: What was the percentage change in the total amount of fees payable in 2019 from 2018?
Answer: 50
June 1, 2019
June 2, 2018
Flocks, net of accumulated amortization
$105,536
$96,594
Eggs
14,318
17,313
Feed and supplies
52,383
54,737
$172,237
$168,644
4 .
inventories .
inventories consisted of the following -in thousands : .
we grow and maintain flocks of layers -mature female chickens pullets -female chickens under 18 weeks of age and breeders -male and female chickens used to produce fertile eggs to hatch for egg production flocks .
our total flock at june 1 2019 consisted of approximately 9 .
4 million pullets and breeders and 36 .
2 million layers .

Question: What is the percentage increase / (decrease) in feed and supplies in 2019 compared to 2018?
Answer: -4.3
As at December 31,
2019
2018
Equity securities
Canada
22.3%
20.8%
United States
19.8%
12.7%
International (other than United States)
14.1%
18.1%
Fixed income instruments
Canada
41.2%
45.7%
Cash and cash equivalents
Canada
2.6%
2.7%
30 .
employee benefit plans -cont .
the fair value of the plan assets were allocated as follows between the various types of investments : .
plan assets are valued at the measurement date of december 31 each year .
the investments are made in accordance with the statement of investment policies and procedures .
the statement of investment policies and procedures is reviewed on an annual basis by the management level pension fund investment committee with approval of the policy being provided by the audit committee .

Question: When are the plan assets valued each year?
Answer: December 31 each year
2019
2018
2018-2019 Dollar/Point Change
(dollars in millions)
(dollars in millions)
(dollars in millions)
Product gross profit
$1,105.6
$1,002.5
$103.1
Percent of product revenues
58.6%
58.0%
0.6
Service gross profit
$234.2
$217.9
$16.3
Percent of service revenues
57.5%
58.7%
(1.2)
the breakout of product and service gross profit was as follows : .
we assess the carrying value of our inventory on a quarterly basis by estimating future demand and comparing that demand against on-hand and on-order inventory positions .
forecasted revenues information is obtained from the sales and marketing groups and incorporates factors such as backlog and future consolidated revenues .
this quarterly process identifies obsolete and excess inventory .
obsolete inventory which represents items for which there is no demand is fully reserved .
excess inventory which represents inventory items that are not expected to be consumed during the next twelve quarters for our semiconductor test industrial automation and system test segments and next four quarters for our wireless test segment is written-down to estimated net realizable value .
during the year ended december 31 2019 we recorded an inventory provision of $ 15 .
2 million included in cost of revenues primarily due to downward revisions to previously forecasted demand levels for certain products .
of the $ 15 .
2 million of total excess and obsolete provisions $ 8 .
7 million was related to semiconductor test $ 4 .
0 million was related to wireless test $ 2 .
0 million was related to system test and $ 0 .
5 million was related to industrial automation .
during the year ended december 31 2018 we recorded an inventory provision of $ 11 .
2 million included in cost of revenues primarily due to downward revisions to previously forecasted demand levels for certain products .
of the $ 11 .
2 million of total excess and obsolete provisions $ 6 .
8 million was related to semiconductor test $ 2 .
5 million was related to wireless test $ 1 .
2 million was related to system test and $ 0 .
7 million was related to industrial automation .
during the years ended december 31 2019 and 2018 we scrapped $ 9 .
2 million and $ 7 .
0 million of inventory respectively and sold $ 3 .
2 million and $ 6 .
7 million of previously written-down or written-off inventory respectively .
as of december 31 2019 we had inventory related reserves for amounts which had been written-down or written-off totaling $ 103 .
6 million .
we have no pre-determined timeline to scrap the remaining inventory .

Question: What was the percentage change in product gross profit from 2018 to 2019?
Answer: 10.28
Payable in the year ending 31 March:
2019 £m
2018 £m
2019
-
600
2020
755
550
2021
641
513
2022
599
486
2023
555
463
2024
512
449
Thereafter
3,557
3,536
Total future minimum operating lease payments
6,619
6,597
future minimum operating lease payments were as follows : .
operating lease commitments were mainly in respect of land and buildings which arose from a sale and operating leaseback transaction in 2001 .
leases have an average term of 13 years -2017 / 18 : 14 years and rentals are fixed for an average of 13 years -2017 / 18 : 14 years .
other than as disclosed below there were no contingent liabilities or guarantees at 31 march 2018 other than those arising in the ordinary course of the group ’ s business and on these no material losses are anticipated .
we have insurance cover to certain limits for major risks on property and major claims in connection with legal liabilities arising in the course of our operations .
otherwise the group generally carries its own risks .

Question: Which year from 2019 to 2024 had the largest payable amount for 2018?
Answer: 2020
Years Ended December 31,
Years Ended December 31,
2019
2018
(unaudited) 
(unaudited)
Revenue
$72,576,902
$60,249,896
Income from continuing operations
$6,912,802
$1,559,008
pro forma consolidated results of operations .
the following unaudited pro forma financial information presents combined results of operations for each of the periods presented as if the acquisitions of moi and gp had been completed on january 1 2018 .
the pro forma information includes adjustments to depreciation expense for property and equipment acquired and amortization expense for the intangible assets acquired and the elimination of transaction expenses recognized in each period .
transaction-related expenses associated with the acquisition and excluded from pro forma income from continuing operations were $ 1 .
0 million for the year ended december 31 2019 .
there were no transaction-related expenses associated with the acquisition for the year ended december 31 2018 .
the pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations or the combined business had the acquisitions of moi and gp occurred on january 1 2018 or the results of future operations of the combined business .
for instance planned or expected operational synergies following the acquisition are not reflected in the pro forma information .
consequently actual results will differ from the unaudited pro forma information presented below .

Question: What was the Income from continuing operations in 2019 and 2018 respectively?
Answer: $6,912,802 $1,559,008
Years ended August 31,
2019 (1)
2018 (2)
Change
Change in constant currency (3)
Foreign exchange impact (3)
(in thousands of dollars, except percentages)
$
$
%
%
$
Canadian broadband services
606,286
618,886
(2.0)
(2.2)
1,102
American broadband services
571,208
478,172
19.5
15.2
20,522
Inter-segment eliminations and other
26,486
24,567
7.8
7.8
12
1,203,980
1,121,625
7.3
5.4
21,636
operating expenses .
-1 fiscal 2019 average foreign exchange rate used for translation was 1 .
3255 usd / cdn .
-2 fiscal 2018 was restated to comply with ifrs 15 and to reflect a change in accounting policy as well as to reclassify results from cogeco peer 1 as discontinued operations .
for further details please consult the " accounting policies " and " discontinued operations " sections .
-3 fiscal 2019 actuals are translated at the average foreign exchange rate of fiscal 2018 which was 1 .
2773 usd / cdn .
fiscal 2019 operating expenses increased by 7 .
3 % -5 .
4 % in constant currency mainly from : .
• growth in the american broadband services segment mainly due to the impact of the metrocast acquisition which was included in operating expenses for only an eight-month period in the prior year combined with higher programming costs additional headcount to support growth higher marketing initiatives to drive primary service units growth and the fiberlight acquisition ; and .
• additional costs in inter-segment eliminations and other resulting from the timing of corporate projects and initiatives ; partly offset by .
• lower operating expenses in the canadian broadband services segment mainly attributable to lower programming costs resulting from a lower level of primary service units and lower compensation expenses resulting from an operational optimization program implemented in the first half of fiscal 2019 partly offset by higher marketing initiatives additional headcount costs in the first quarter of fiscal 2019 to support the stabilization phase of the new customer management system as well as retroactive costs related to higher rates than expected established by the copyright board of canada .
for further details on the corporation ’ s operating expenses please refer to the " segmented operating and financial results " section .

Question: What was the exchange rate in 2018?
Answer: 1.2773 USD/CDN.
Number of Shares
Weighted-Average Grant-Date Fair Value
(per share)
Outstanding at April 1, 2018
243,354
$10.78
Granted
265,452
14.66
Vested
(197,917)
12.74
Forfeited
(73,743)
11.3
Outstanding at March 31, 2019
237,146
$13.46
restricted shares .
we granted shares to certain of our directors executives and key employees under the 2016 and 2011 plans the vesting of which is service-based .
the following table summarizes the activity during the twelve months ended march 31 2019 for restricted shares awarded under the 2016 and 2011 plans : .
the weighted-average grant date fair value of the restricted shares is determined based upon the closing price of our common shares on the grant date .
during fiscal 2019 a total of 197917 shares net of 47146 shares withheld from the vested restricted shares to cover the employee ' s minimum applicable income taxes were issued from treasury .
the shares withheld were returned to treasury shares .

Question: What was the difference between the vested and granted Weighted-Average Grant-Date Fair Value?
Answer: 1.92
(In millions)
(In millions)
(In millions)
June 30,
2019
2018
Land
$ 1,540
$ 1,254
Buildings and improvements
26,288
20,604
Leasehold improvements
5,316
4,735
Computer equipment and software
33,823
27,633
Furniture and equipment
4,840
4,457
Total, at cost
71,807
58,683
Accumulated depreciation
(35,330)
(29,223)
Total, net
$  36,477
$  29,460
note 7 — property and equipment .
the components of property and equipment were as follows : .
during fiscal years 2019 2018 and 2017 depreciation expense was $ 9 .
7 billion $ 7 .
7 billion and $ 6 .
1 billion respectively .
we have committed $ 4 .
0 billion for the construction of new buildings building improvements and leasehold improvements as of june 30 2019 .

Question: What does note 7 describe?
Answer: Property and equipment
FOR THE YEAR ENDED DECEMBER 31
NOTE
2019
2018
Net assets of post-employment benefit plans
24
558
331
Long-term notes and other receivables
142
89
Derivative assets
26
200
68
Publicly-traded and privately-held investments
26
129
110
Investments (1)
128
114
Other
117
135
Total other non-current assets
1,274
847
note 18 other non-current assets .
-1 these amounts have been pledged as security related to obligations for certain employee benefits and are not available for general use .

Question: What is the change in net assets of post-employment benefit plans in 2019?
Answer: 227
Charged
(credited)
Balance at
to costs
Balance at
beginning
and
end of
of year
expenses
Deductions
Other
year
Allowance for doubtful accounts:
Fiscal 2017
622
541
(201)
-
962
Fiscal 2018
962
685
(461)
-
1,186
Fiscal 2019
1,186
1,230
(660)
1,756
Warranty reserve:
Fiscal 2017 (1)
1,892
1,305
(2,562)
5,883
6,518
Fiscal 2018
6,518
1,331
(2,115)
-
5,734
Fiscal 2019
5,734
1,126
(5,462)
1,398
Deferred tax assets valuation allowance:
Fiscal 2017 (1)
1,618
1,391
-
3,578
6,587
Fiscal 2018 (2)
6,587
-
(4,835)
15,092
16,844
Fiscal 2019
16,844
799
(6,714)
-
10,929
valuation and qualifying accounts .
following is our schedule of valuation and qualifying accounts for the last three years -in thousands : .
-1 amounts under “ other ” represent the reserves and valuation allowance assumed in acquisition of lojack .
the warranty reserve is included in the other current liabilities in the consolidated balance sheets .
-2 amount under “ other ” represents the valuation allowance previously netted against deferred tax assets of foreign net deferred tax assets not recorded on the balance sheet which were disclosed narratively in the fiscal 2018 form 10-k -see note 12 .
deferred tax assets and valuation allowances were grossed up by $ 15 .
1 million .

Question: What do the amounts under "Other" represnet?
Answer: the reserves and valuation allowance assumed in acquisition of LoJack.
(In millions, except per share amounts)
Total Cash Dividends Paid
Total Cash Dividends Paid Per Common Share
2017
$119.7
$0.64
2018
102.9
0.64
2019
99.1
0.64
Total
$321.7
dividends .
the following table shows our total cash dividends paid in the years ended december 31 : .
on february 13 2020 our board of directors declared a quarterly cash dividend of $ 0 .
16 per common share payable on march 20 2020 to stockholders of record at the close of business on march 6 2020 .
the estimated amount of this dividend payment is $ 24 .
8 million based on 154 .
7 million shares of our common stock issued and outstanding as of february 21 2020 .
the dividend payments discussed above are recorded as reductions to cash and cash equivalents and retained earnings on our consolidated balance sheets .
our credit facility and our senior notes contain covenants that restrict our ability to declare or pay dividends and repurchase stock .
however we do not believe these covenants are likely to materially limit the future payment of quarterly cash dividends on our common stock .
from time to time we may consider other means of returning value to our stockholders based on our consolidated financial condition and results of operations .
there is no guarantee that our board of directors will declare any further dividends .

Question: What did the Board of Directors declare on February 13, 2020?
Answer: a quarterly cash dividend of $0.16 per common share payable on March 20, 2020 to stockholders of record at the close of business on March 6, 2020.