FangyuLei/tatqa huggingface dataset:
All figures in USD ‘000 
Fair Value Hierarchy Level
2019 Fair Value
2019 Carrying Value
2018 Fair Value
2018 Carrying Value
Recurring:               
Cash and Cash Equivalents  
1
48,847
48,847
49,327
49,327
Restricted Cash  
1
12,791
12,791
-
-
Credit Facility  
2
-
-
(313,400)
(313,400)
2019 Senior Secured Credit Facility*  
2
(291,798)
(291,798)
-
-
Investment Securities  
1
825
825
4,197
4,197
Vessel financing 2018 Newbuildings*  
2
(119,867)
(119,867)
(127,140)
(127,140)
16 .
financial instruments and other fair value disclosures .
the majority of nat and its subsidiaries ’ transactions assets and liabilities are denominated in united states dollars the functional currency of the company .
there is no significant risk that currency fluctuations will have a negative effect on the value of the company ’ s cash flows .
the company categorizes its fair value estimates using a fair value hierarchy based on the inputs used to measure fair value for those assets that are recorded on the balance sheet at fair value .
the fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value as follows : .
level 1 .
quoted prices -unadjusted in active markets for identical assets or liabilities that the reporting entity can access at the measurement date .
level 2 .
inputs other than the quoted prices in active markets that are observable either directly or indirectly ; and .
level 3 .
unobservable inputs in which there is little or no market data which require the reporting entity to develop its own assumptions .
the following methods and assumptions were used to estimate the fair value of each class of financial instruments and other financial assets .
- the carrying value of cash and cash equivalents and marketable securities is a reasonable estimate of fair value .
- the estimated fair value for the long-term debt is considered to be equal to the carrying values since it bears spreads and variable interest rates which approximate market rates .
the carrying value and estimated fair value of the company ` s financial instruments at december 31 2019 and 2018 are as follows : .
* the 2019 senior secured credit facility and vessel financing 2018 newbuildings carry a floating libor interest rate plus a margin and the fair value is assumed to equal the carrying value .

Question: What are the respective 2018 and 2019 fair value of the company's investment securities?
Answer: 4,197 825
June 30,
June 30,
2019
2018
Estimated Useful Life
Land (1)
$23,243
$24,845
Land improvements (1)
25,209
25,383
5 - 20 years
Buildings (1)
147,220
143,918
20 - 30 years
Leasehold improvements
48,478
48,060
5 - 30 years(2)
Equipment and furniture
365,101
328,864
3 - 10 years
Aircraft and equipment
39,293
38,761
4 - 10 years
Construction in progress
12,411
39,872
660,955
649,703
Less accumulated depreciation
388,481
364,153
Property and equipment, net
$272,474
$285,550
note 3 .
property and equipment .
the classification of property and equipment together with their estimated useful lives is as follows : .
-1 excludes assets held for sale .
-2 lesser of lease term or estimated useful life .
the change in property and equipment in accrued liabilities was $ 14315 and $ 15674 for the fiscal years ended june 30 2019 and 2018 respectively .
these amounts were excluded from capital expenditures on the statements of cash flows .
no impairments of property and equipment were recorded in fiscal 2019 or 2018 .
during the third quarter of fiscal 2019 the company received an unsolicited offer to purchase its houston tx facility .
at june 30 2019 the facility included assets with a carrying value of approximately $ 5055 .
although management has not committed to the sale a sale of the facility during fiscal 2020 is likely and the company expects to record a gain on the sale upon closing since the offer represents full appraisal value for the facility .
therefore the assets are considered held for sale at june 30 2019 .
also held for sale at june 30 2019 was the company ’ s elizabethtown ky facility .
during the third quarter of fiscal 2018 the company reached a definitive agreement to sell the property for $ 1300 pending an expected closing date during the second quarter of fiscal 2020 .
an impairment loss was recorded on this facility during fiscal 2017 as disclosed in note 2 to the company ’ s consolidated financial statements .
total assets held for sale by the company at june 30 2019 and 2018 were $ 6355 and $ 1300 respectively and were included in assets held for sale on the company ’ s consolidated balance sheet for each year .
those balances are not included on the above table .

Question: What is the average land amount for 2018 and 2019?
Answer: 24044
December 31, 2019
December 31, 2018
Accounting
$36,161
$52,365
Research and development
650,584
137,114
Legal
15,273
32,161
Other
163,029
10,048
Total
$865,047
$231,688
note 4 - accounts payable and accrued expenses .
accounts payable and accrued expenses consist of the following at : .
on october 1 2019 the company entered into an agreement with a consultant for toxicology studies .
the consultant quoted a commitment of approximately $ 988000 as an estimate for the study .
50 % of the total price is to be paid upon the signing of the agreement 35 % of the total price is to be upon completion of the in-life study and the remaining 15 % of the total price is to be paid upon the issuance of the report .
if the company cancels the study the company will be required to pay a cancelation fee .
if the cancelation happens prior to the arrival of the test animals then the company will need to pay between 20 % and 50 % of the animal fees depending on when the cancellation happens .
if the cancellation occurs after the animals arrive but before the study begins then the company will be responsible for paying 50 % of the protocol price plus a fee of $ 7000 per room / week for animal husbandry until the animals can be relocated or disposed of .
if the company cancels the study after it has begun then the company will need to pay any fees for procured items for the study and any nonrecoverable expenses incurred by the vendor .
as of december 31 2019 the company has paid $ 0 and there is a balance of $ 493905 due .

Question: How much did the company pay upon the signing of the toxicology studies agreement?
Answer: 494000
Year Ended May 31,
Percent Change
Percent Change
(Dollars in millions)
2019
Actual
Constant
2018
Research and development (1)
$5,063
-2%
0%
$5,163
Stock-based compensation
963
5%
5%
921
Total expenses
$6,026
-1%
0%
$6,084
% of Total Revenues
15%
15%
research and development expenses : research and development expenses consist primarily of personnel related expenditures .
we intend to continue to invest significantly in our research and development efforts because in our judgment they are essential to maintaining our competitive position .
-1 excluding stock-based compensation .
on a constant currency basis total research and development expenses were flat in fiscal 2019 as lower employee related expenses including lower variable compensation were offset by an increase in stock-based compensation expenses .

Question: What is the percentage of expenses that went towards stock-based compensation in 2019?
Answer: 15.98
December 31,
December 31,
2019
2018
Deferred compensation plan asset components:
Cash surrender value of corporate-owned life insurance policies
$16,883
$13,103
Fair value of mutual funds and money market funds
21,975
18,867
Total
$38,858
$31,970
Deferred compensation plan assets reported in:
Other long-term assets
$38,858
$31,970
Deferred compensation plan liabilities reported in:
Accrued compensation and related benefits (short-term)
$425
$447
Other long-term liabilities
39,665
32,283
Total
$40,090
$32,730
deferred compensation plan .
the company has a non-qualified unfunded deferred compensation plan which provides certain key employees including executive officers with the ability to defer the receipt of compensation in order to accumulate funds for retirement on a tax deferred basis .
the company does not make contributions to the plan or guarantee returns on the investments .
the company is responsible for the plan ’ s administrative expenses .
participants ’ deferrals and investment gains and losses remain as the company ’ s liabilities and the underlying assets are subject to claims of general creditors .
the liabilities for compensation deferred under the plan are recorded at fair value in each reporting period .
changes in the fair value of the liabilities are included in operating expense on the consolidated statements of operations .
the company manages the risk of changes in the fair value of the liabilities by electing to match the liabilities with investments in corporate-owned life insurance policies mutual funds and money market funds that offset a substantial portion of the exposure .
the investments are recorded at the cash surrender value of the corporate-owned life insurance policies and at the fair value of the mutual funds and money market funds which are classified as trading securities .
changes in the cash surrender value of the corporate-owned life insurance policies and the fair value of mutual fund and money market fund investments are included in interest and other income net on the consolidated statements of operations .
the following table summarizes the deferred compensation plan balances on the consolidated balance sheets -in thousands : .

Question: What was the percentage change in amount spent on other long-term liabilities from 2018 to 2019?
Answer: 22.87
As of December 31,
As of December 31,
2019
2018
Liability component:
Principal
$92,000
$115,000
Less: debt discount, net of amortization
(12,776)
(20,903)
Net carrying amount
$79,224
$94,097
Equity component (1)
(14,555)
22,094
the 2022 notes consist of the following -in thousands : .
-1 recorded in the consolidated balance sheet within additional paid-in capital net of $ 0 .
8 million transaction costs in equity .
december 31 2019 also includes $ 36 .
7 million market premium representing the excess of the total consideration delivered over the fair value of the liability recognized related to the $ 23 .
0 million principal balance repurchase of the 2022 notes .

Question: What does market premium of $36.7 million represent?
Answer: the excess of the total consideration delivered over the fair value of the liability recognized related to the $23.0 million principal balance repurchase of the 2022 Notes.
Years Ended December 31,
Years Ended December 31,
2019
2018
Sales
$  —
$  —
Cost of sales
(901)
(88)
Total operating expense
1,022
96
Operating income (loss) from discontinued operations
(121)
(8)
Other income (expense)
10,895
(24)
Income (loss) from discontinued operations before income taxes
10,774
(32)
Provision (benefit) for income taxes
2,294
6
Income (loss) from discontinued operations, net of income taxes
$ 8,480
$  (38)
discontinued operations .
in december 2015 we completed the wind down of engineering manufacturing and sales of our solar inverter product line -the " inverter business " .
accordingly the results of our inverter business have been reflected as “ income -loss from discontinued operations net of income taxes ” on our consolidated statements of operations for all periods presented herein .
the effect of our sales of the remaining extended inverter warranties to our customers continues to be reflected in deferred revenue in our consolidated balance sheets .
deferred revenue for extended inverter warranties and the associated costs of warranty service will be reflected in sales and cost of goods sold respectively from continuing operations in future periods in our consolidated statement of operations as the deferred revenue is earned and the associated services are rendered .
extended warranties related to the inverter product line are no longer offered .
in may 2019 we divested our grid-tied central solar inverter repair and service operation .
in conjunction with the divesture the initial product warranty for the previously sold grid-tied central solar inverters was transferred to the buyer .
accordingly a gain of $ 8 .
6 million net of tax expense of $ 2 .
4 million was recognized in other income -expense and provision -benefit for income taxes respectively in our discontinued operations for the year december 31 2019 .
operating income from discontinued operations for the year ended december 31 2019 and 2018 also includes the impacts of changes in our estimated product warranty liability the recovery of accounts receivable and foreign exchange gain or -losses .
income -loss from discontinued operations net of income taxes -in thousands : .

Question: What was the total operating expense in 2018?
Answer: 96
March 1,
March 1,
Department
2020
2019
Sales and Marketing
41
38
Engineering
13
9
Professional Services
6
6
Customer Support
22
22
Management and Administration
18
17
Total
100
92
our number of employees is as follows : .
on august 3 2018 we implemented a plan to restructure our organization which included a reduction in workforce of approximately 40 employees representing approximately 30 % of the company ’ s total pre-restructuring workforce .
we recorded a charge of $ 381000 in the third quarter of 2018 relating to this reduction in force consisting primarily of one-time severance payments and termination benefits .
the company ’ s goal in the restructuring is to better focus our workforce on retaining current clients gaining incremental business from current clients and winning new business in the market segments where we can leverage our expertise and long history as an eft pioneer .
employees .

Question: By what percentage did the number of employees in the Engineering department increase from 2019 to 2020?
Answer: 44.44
($ in millions except per share amounts)
($ in millions except per share amounts)
($ in millions except per share amounts)
($ in millions except per share amounts)
For the year ended December 31:*
2019
2018
Yr.-to-Yr. Percent Change
Net income as reported
$ 9,431
8,728
8.1%
Income/(loss) from discontinued operations, net of tax
(4)
5
NM
Income from continuing operations
$ 9,435
8,723
8.2%
Non-operating adjustments (net of tax)
Acquisition-related charges
1,343
649
107.0
Non-operating retirement-related costs/(income)
512
1,248
(58.9)
U.S. tax reform charge
146
2,037
(92.8)
Operating (non-GAAP) earnings
$11,436
$12,657
(9.6)%
Diluted operating (non-GAAP) earnings per share
$ 12.81
$ 13.81
(7.2)%
the following table provides the company ’ s operating -non-gaap earnings for 2019 and 2018 .
see page 46 for additional information .
* 2019 results were impacted by red hat purchase accounting and acquisition-related activity .
* * includes charges of $ 2 .
0 billion in 2018 associated with u .
s .
tax reform .

Question: What was the U.S. tax reform charge in 2019?
Answer: 146
Balance Sheet Account
2019
2018
Change
Unbilled receivables
$  183.5
$  169.4
$    14.1
Contract liabilities - current(1)
(840.8)
(714.1)
(126.7)
Deferred revenue - non-current
(33.2)
(29.8)
(3.4)
Net contract assets/(liabilities)
$ (690.5)
$ (574.5)
$ (116.0)
-15 contract balances .
contract balances at december 31 are set forth in the following table : .
the change in our net contract assets / -liabilities from december 31 2018 to december 31 2019 was due primarily to the timing of payments and invoicing relating to saas and pcs renewals partially offset by revenues recognized in the year ended december 31 2019 of $ 674 .
2 related to our contract liability balances at december 31 2018 .
in addition the impact of the 2019 business acquisitions increased net contract liabilities by $ 96 .
2 .
in order to determine revenues recognized in the period from contract liabilities we allocate revenue to the individual deferred revenue or bie balance outstanding at the beginning of the year until the revenue exceeds that balance .
impairment losses recognized on our accounts receivable and unbilled receivables were immaterial in the year ended december 31 2019 .
-1 consists of “ deferred revenue ” and billings in-excess of revenues - “ bie ” .
bie are reported in “ other accrued liabilities ” in our consolidated balance sheets .

Question: How does the Company determine revenues recognized in the period from contract liabilities?
Answer: we allocate revenue to the individual deferred revenue or BIE balance outstanding at the beginning of the year until the revenue exceeds that balance
March 31, 2019
Gross Amount
Accumulated Amortization
Net Amount
Core and developed technology
$7,413.0
$(1,112.9)
$6,300.1
Customer-related
917.1
(544.0)
373.1
In-process research and development
7.7
—
7.7
Distribution rights
0.3
(0.2)
0.1
Other
7.3
(2.7)
4.6
Total
$8,345.4
$(1,659.8)
$6,685.6
note 10 .
intangible assets and goodwill .
intangible assets consist of the following -in millions : .

Question: What was the difference between the net amount of Customer-related assets and In-process research and development assets?
Answer: 365.4
2019
2018
$M
$M
Current
Derivatives
45
53
Total current other financial assets
45
53
Non‑current
Derivatives
501
366
Listed equity securities
91
96
Investments in associates
59
57
Loans provided to related parties
41
3
Total non‑current other financial assets
692
522
Total other financial assets
737
575
Current
Derivatives
58
50
Total current other financial liabilities
58
50
Non‑current
Derivatives
24
61
Total non‑current other financial liabilities
24
61
Total other financial liabilities
82
111
other financial assets and liabilities consists of derivatives the group ’ s holdings in listed and unlisted investments and loans provided to related parties .
the group ’ s investments in listed equity securities are designated as financial assets at fair value through other comprehensive income .
investments are initially measured at fair value net of transaction costs and in subsequent periods are measured at fair value with any change recognised in other comprehensive income .
upon disposal the cumulative gain or loss recognised in other comprehensive income is transferred to retained earnings .
associates are those entities in which the group has significant influence but not control or joint control over the financial and operating policies .
investments in associates are initially recognised at cost including transaction costs and are accounted for using the equity method by including the group ’ s share of profit or loss and other comprehensive income of associates in the carrying amount of the investment until the date on which significant influence ceases .
dividends received reduce the carrying amount of the investment in associates .

Question: What are associates?
Answer: Associates are those entities in which the Group has significant influence but not control or joint control over the financial and operating policies.
As of December 31,
As of December 31,
As of December 31,
2019
2019
2018
Buy (Sell)
Notional Amount
Buy (Sell)
 Notional Amount
Japanese Yen
$49.8
$49.8
$29.9
$29.9
Philippine Peso
36.4
36.4
30.1
30.1
Malaysian Ringgit
20.4
20.4
—
—
Chinese Yuan
20.2
20.2
20.4
20.4
Korean Won
18.1
18.1
20.8
20.8
Czech Koruna
11.9
11.9
9.2
9.2
Euro
—
—
13.1
13.1
Other currencies - Buy
21.9
21.9
26.3
26.3
Other currencies - Sell
(4.6)
4.6
(7.5)
7.5
$174.1
$183.3
$142.3
$157.3
foreign currencies .
as a multinational business the company ' s transactions are denominated in a variety of currencies .
when appropriate the company uses forward foreign currency contracts to reduce its overall exposure to the effects of currency fluctuations on its results of operations and cash flows .
the company ' s policy prohibits trading in currencies for which there are no underlying exposures and entering into trades for any currency to intentionally increase the underlying exposure .
the company primarily hedges existing assets and liabilities associated with transactions currently on its balance sheet which are undesignated hedges for accounting purposes .
as of december 31 2019 and 2018 the company had net outstanding foreign exchange contracts with net notional amounts of $ 183 .
3 million and $ 157 .
3 million respectively .
such contracts were obtained through financial institutions and were scheduled to mature within one to three months from the time of purchase .
management believes that these financial instruments should not subject the company to increased risks from foreign exchange movements because gains and losses on these contracts should offset losses and gains on the underlying assets liabilities and transactions to which they are related .
the following schedule summarizes the company ' s net foreign exchange positions in u .
s .
dollars -in millions : .
amounts receivable or payable under the contracts are included in other current assets or accrued expenses in the accompanying consolidated balance sheets .
for the years ended december 31 2019 2018 and 2017 realized and unrealized foreign currency transactions totaled a loss of $ 5 .
0 million $ 8 .
0 million and $ 6 .
3 million respectively .
the realized and unrealized foreign currency transactions are included in other income and expenses in the company ' s consolidated statements of operations and comprehensive income .

Question: What is the change in the Japanese Yen Buy position from December 31, 2018 to 2019?
Answer: 19.9
Fiscal Year Ended
Fiscal Year Ended
Fiscal Year Ended
December 28, 2019
December 29, 2018
December 30, 2017
(Dollars in thousands)
(Dollars in thousands)
(Dollars in thousands)
Provision (benefit) for income taxes
$11,717
$(70,109)
$1,293
Effective tax rate
22.9 %
(206.6) %
3.1 %
provision -benefit for income taxes .
provision for income taxes reflects the tax provision on our operations in foreign and u .
s .
jurisdictions offset by tax benefits from a partial release of valuation allowance against u .
s .
federal and state deferred tax assets - " dtas " and from lapsing of statute of limitations related to uncertain tax positions in foreign jurisdictions .
as of december 28 2019 we maintain a valuation allowance of $ 36 .
6 million primarily against our california deferred tax assets and foreign tax credits due to uncertainty about the future realization of these assets .
the benefit for income taxes in fiscal 2018 includes a $ 75 .
8 million reduction to our valuation allowance on our u .
s .
deferred tax assets as sufficient positive evidence existed to support the realization of such dtas .
the effective tax rate in fiscal 2018 also benefited from a lower statutory tax rate in the u .
s .
partially offset by higher profits in foreign jurisdictions .
our effective tax rate may vary from period to period based on changes in estimated taxable income or loss by jurisdiction changes to the valuation allowance changes to u .
s .
federal state or foreign tax laws future expansion into areas with varying country state and local income tax rates deductibility of certain costs and expenses by jurisdiction .

Question: What was the Effective tax rate in 2018 and 2017 respectively?
Answer: (206.6) % 3.1 %
Year Ended December31,
Year Ended December31,
2019
2018
U.S.
200.4
231.0
International
58.2
68.0
$258.6
$299.0
18 .
geographic information .
property and equipment net by geography was as follows : .
no individual international country represented more than 10 % of property and equipment net in any period presented .

Question: What information does the table show?
Answer: Property and equipment, net by geography