FangyuLei/tatqa huggingface dataset:
Fiscal Year Ended April 27, 2019
(Dollars in Millions)
As Reported
Adjustments
Balance Under ASC 605
Net Sales
$1,000.3
$(24.2)
$1,024.5
Cost of Products Sold
$734.5
$(24.2)
$758.7
Total Inventories
$116.7
$(0.5)
$117.2
Contract Assets
$0.8
$0.8
$—
Contract Liabilities
$0.3
$0.3
$—
Retained Earnings
$545.2
$0.1
$545.1
2 .
revenue .
the company is a global manufacturer of component and subsystem devices whose components are found in the primary end-markets of the aerospace appliance automotive commercial vehicle construction consumer and industrial equipment communications -including information processing and storage networking equipment and wireless and terrestrial voice / data systems medical rail and other transportation industries .
on april 29 2018 the company adopted asc 606 along with the related amendments using a modified retrospective approach to all contracts open as of that date .
upon adoption the company recognized a $ 0 .
1 million increase to opening retained earnings .
this adjustment was a result of modifying the methode electronics inc .
and subsidiaries notes to consolidated financial statements f-14 company ' s revenue recognition pattern for highly customized goods with no alternative use to over time recognition instead of point in time and for deferring revenue related to material rights that we provide to our customers .
the overall impact to the company ' s financial statements was immaterial .
the company has modified its controls to address the risks present under asc 606 .
as the company has adopted asc 606 using the modified retrospective approach prior periods have not been restated and as such they are presented under asc 605 .
the impact of the changes in accounting policy on fiscal 2019 is provided below .

Question: What is the retained earnings as reported in 2019?
Answer: $545.2
Stock Vested During 2019
Name
Number of Shares Acquired on Vesting(1)
Value Realized on Vesting(2)
Mr. Storey
1,063,929
$13,479,617
Mr. Dev
55,490
749,737
Mr. Goff
114,167
1,338,934
Mr. Trezise
71,576
812,600
Mr. Andrews
16,678
221,859
vesting of equity awards during 2019 .
the following table provides details regarding the equity awards held by our named executives that vested during 2019 .
restricted stock and restricted stock units were the only equity awards held by our named executives during 2019 .
-1 represents both time-vested and performance-based equity awards that vested during 2019 .
for details on the payout of our performance-based equity awards please see “ compensation discussion and analysis — our 2019 compensation program and components of pay — grants of long term incentive compensation — long term incentive performance updates ” and “ — our compensation philosophy objectives and linkage to corporate strategy — overview of pay elements and linkage to compensation philosophy and corporate strategy .
” .
-2 based on the closing trading price of the common shares on the applicable vesting date .

Question: What is the value realized on vesting based on?
Answer: the closing trading price of the Common Shares on the applicable vesting date
Level 1
Level 2
Level 3
Total
Cash and cash equivalents
$0.7
$77.7
$—
$78.4
Equity securities:
U.S. equity securities
56.3
91.8
—
148.1
International equity securities
87.8
0.4
—
88.2
Fixed income securities:
Government bonds
—
748.3
—
748.3
Corporate bonds
—
2,255.5
—
2,255.5
Mortgage-backed bonds
—
31.1
—
31.1
Real estate funds
0.4
—
—
0.4
Net receivables for unsettled transactions
5.6
—
—
5.6
Fair value measurement of pension plan assets in the fair value hierarchy
$150.8
$3,204.8
$—
$3,355.6
Investments measured at net asset value
245.9
Total pension plan assets
$3,601.5
plan assets the fair value of plan assets summarized by level within the fair value hierarchy described in note 20 as of may 26 2019 was as follows : .
level 1 assets are valued based on quoted prices in active markets for identical securities .
the majority of the level 1 assets listed above include the common stock of both u .
s .
and international companies mutual funds master limited partnership units and real estate investment trusts all of which are actively traded and priced in the market .
level 2 assets are valued based on other significant observable inputs including quoted prices for similar securities yield curves indices etc .
level 2 assets consist primarily of individual fixed income securities where values are based on quoted prices of similar securities and observable market data .
level 3 assets consist of investments where active market pricing is not readily available and as such fair value is estimated using significant unobservable inputs .
certain assets that are measured at fair value using the nav -net asset value per share -or its equivalent practical expedient have not been classified in the fair value hierarchy .
such investments are generally considered long-term in nature with varying redemption availability .
for certain of these investments with a fair value of approximately $ 51 .
0 million as of may 26 2019 the asset managers have the ability to impose customary redemption gates which may further restrict or limit the redemption of invested funds therein .
as of may 26 2019 funds with a fair value of $ 4 .
2 million have imposed such gates .
as of may 26 2019 we have unfunded commitments for additional investments of $ 48 .
3 million in private equity funds and $ 17 .
0 million in natural resources funds .
we expect unfunded commitments to be funded from plan assets rather than the general assets of the company .
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 are Level 1 assets valued based on?
Answer: quoted prices in active markets for identical securities
(in thousands)
Federal
State
Net operating losses (1)
$120,722
$3,337
Net operating losses due to acquisitions (1)
$76,827
$778
Credit carryforwards (2)
$8,202
$1,958
Credit carryforwards due to acquisitions
$640
$227
at december 31 2019 the company ’ s net operating losses and credit carryforwards are : .
-1 excludes federal and state net operating losses of $ 60 .
2 million and $ 0 .
8 million respectively from prior acquisitions that the company expects will expire unutilized .
-2 excludes federal and state tax credits of $ 0 .
1 million and $ 8 .
3 million respectively that the company expects will expire unutilized .
carryforward losses and credits expire between 2020 and 2038 except for the 2019 federal net operating loss of $ 43 .
9 million and $ 1 million of state credits which both have unlimited carryforward periods .
the company ’ s india subsidiary is primarily located in special economic zones - “ sezs ” and is entitled to a tax holiday in india .
the tax holiday reduces or eliminates income tax in india .
the tax holiday in the hyderabad sez is scheduled to expire in 2024 .
the tax holiday in the bangalore sez is scheduled to expire in 2022 .
for 2019 2018 and 2017 the income tax holiday reduced the company ’ s provision for income taxes by $ 1 .
9 million $ 1 .
3 million and $ 1 million respectively .

Question: What is the company's reduction in provision for income taxes arising from its income tax holiday in 2019 and 2018 respectively?
Answer: $1.9 million $1.3 million
Fiscal
Fiscal
2019
2018
(in millions)
(in millions)
Acquisition-related charges:
Acquisition and integration costs
$  10
$  6
Charges associated with the amortization of acquisition-related fair value adjustments
3
4
13
10
Restructuring and other charges, net
63
80
Other items
2
—
Total
$  78
$  90
operating income in the industrial solutions segment increased $ 78 million in fiscal 2019 from fiscal 2018 .
the industrial solutions segment ’ s operating income included the following : .
excluding these items operating income increased in fiscal 2019 primarily as a result of higher volume and improved manufacturing productivity .

Question: For which years was the operating income in the Industrial Solutions segment calculated?
Answer: 2019 2018
2019
2018
Notes
£ million
£ million
Trade creditors
2.3
1.4
Owed to subsidiaries
90.4
84.8
Accruals
5.1
4.5
Deferred income
3.2
4.4
Lease liabilities
14
0.1
–
Other taxes and social security costs
0.4
0.5
Government grants
12
0.7
0.3
102.2
95.9
10 .
creditors : amounts falling due within one year .
trade creditors are non-interest bearing and are normally settled on 30 to 60-day terms .
other creditors are non-interest bearing .
the directors consider that the carrying amount of trade creditors approximates their fair value .

Question: What was the percentage change in Accruals?
Answer: 13.33
2019
2018
£m
£m
Present value of funded obligations
20.0
19.7
Fair value of plan assets
(22.2)
(21.0)
Effect of surplus cap
2.2
1.3
Net asset recognised in the Consolidated balance sheet
–
–
amounts recognised in the balance sheet are as follows : .
the surplus of £ 2 .
2m -2018 : £ 1 .
3m has not been recognised as an asset as it is not deemed to be recoverable by the group .

Question: What was the percentage change in effect of surplus cap in 2019 from 2018?
Answer: 69.23
2019
2018
2017
€m
€m
€m
Parent company
2
2
2
Subsidiaries
14
14
13
Subsidiaries – new accounting standards1
1
5
1
Audit fees:
17
21
16
Audit-related fees2
2
5
4
Non-audit fees:
2
5
4
Total fees
19
26
20
the total remuneration of the group ’ s auditors pricewaterhousecoopers llp and other member firms of pricewaterhousecoopers international limited for services provided to the group during the year ended 31 march 2019 is analysed below .
notes : 1 fees during the implementation phase of new accounting standards notably preparations for ifrs 15 “ revenue from contracts with customers ” in the year ended 31 march 2018 and preparations for ifrs 16 “ leases ” in the year ended 31 march 2019 .
2 relates to fees for statutory and regulatory filings during the year .
in addition the amount for the year ended 31 march 2018 includes non-recurring fees that were incurred during the preparations for a potential ipo of vodafone new zealand and the merger of vodafone india and idea cellular .
the amount for the year ended 31 march 2017 primarily arose from work on regulatory filings prepared in anticipation of a potential ipo of vodafone india that was under consideration prior to the agreement for the merger of vodafone india and idea cellular .
a description of the work performed by the audit and risk committee in order to safeguard auditor independence when non-audit services are provided is set out in the audit and risk committee report on pages 71 to 76 .

Question: Which financial years' information is shown in the table?
Answer: 2017 2018 2019
2019 %
2018 %
2017 %
Weighted average actuarial assumptions used at 31 March1:
Rate of inflation2
2.9
2.9
3.0
Rate of increase in salaries
2.7
2.7
2.6
Discount rate
2.3
2.5
2.6
actuarial assumptions .
the group ’ s scheme liabilities are measured using the projected unit credit method using the principal actuarial assumptions set out below : .
notes : 1 figures shown represent a weighted average assumption of the individual schemes .
2 the rate of increases in pensions in payment and deferred revaluation are dependent on the rate of inflation .

Question: What is the difference between 2019 average rate of inflation and 2019 average rate of increase in salaries?
Answer: 0.2
December 31,
December 31,
2019
2018
Cash and cash equivalents
$259,067
$256,947
Restricted cash included in other assets
304
304
Cash, cash equivalents and restricted cash shown in the statement of cash flows
$259,371
$257,251
cash cash equivalents and restricted cash .
as of december 31 2019 the company had $ 259 .
1 million of cash and cash equivalents .
cash and cash equivalents include liquid investments primarily money market funds with maturities of less than 90 days at the time of purchase .
management determines the appropriate classification of its investments at the time of purchase and at each balance sheet date .
as of december 31 2019 and december 31 2018 the company had restricted cash of $ 0 .
3 million representing the amount pledged as collateral to the issuer of a standby letter of credit -the “ lc ” .
the lc which expires in august 2021 has been provided as a guaranty to the lessor of our corporate offices .
the following table provides a reconciliation of cash cash equivalents and restricted cash reported within the consolidated balance sheet to the consolidated statement of cash flows -in thousands : .

Question: What are the respective restricted cash included in other assets in 2018 and 2019?
Answer: 304 304
Year Ended
Year Ended
Year Ended
April 26, 2019
April 27, 2018
April 28, 2017
Number of shares repurchased
29
15
22
Average price per share
$ 72.87
$ 51.57
$ 32.72
Aggregate purchase price
$ 2,111
$ 794
$ 705
Remaining authorization at end of period
$ 1,889
$ 4,000
$ 794
stock repurchase program .
as of april 26 2019 our board of directors has authorized the repurchase of up to $ 13 .
6 billion of our common stock under our stock repurchase program .
under this program which we may suspend or discontinue at any time we may purchase shares of our outstanding common stock through solicited or unsolicited transactions in the open market in privately negotiated transactions through accelerated share repurchase programs pursuant to a rule 10b5-1 plan or in such other manner as deemed appropriate by our management .
the following table summarizes activity related to this program -in millions except per share amounts : .
the aggregate purchase price of our stock repurchases for fiscal 2019 consisted of $ 2 .
1 billion of open market purchases of which $ 1 .
0 billion and $ 1 .
1 billion were allocated to additional paid-in capital and retained earnings -accumulated deficit respectively .
since the may 13 2003 inception of our stock repurchase program through april 26 2019 we repurchased a total of 313 million shares of our common stock at an average price of $ 37 .
46 per share for an aggregate purchase price of $ 11 .
7 billion .

Question: What did the company's Board of Directors authorize as of 2019?
Answer: the repurchase of up to $13.6 billion of our common stock under our stock repurchase program
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
(dollars in thousands)
(dollars in thousands)
(dollars in thousands)
Research and development
$101,151
$76,981
$61,975
Percent of revenue
17.5%
14.3%
12.9%
research and development .
research and development expenses increased $ 24 .
2 million or 31 % in 2019 as compared to 2018 .
the increase was principally due to the 2018 reallocation of headcount from sales and marketing to research and development as well as investments to maintain and improve the functionality of our products .
as a result we incurred increased employee-related costs of $ 16 .
3 million and increased overhead costs of $ 3 .
4 million .
research and development expenses increased $ 15 .
0 million or 24 % in 2018 as compared to 2017 .
the increase was principally due to the 2018 reallocation of headcount from sales and marketing to research and development as well as investments to maintain and improve the functionality of our products .
as a result we incurred increased employee-related costs of $ 12 .
1 million .

Question: What is the average year-on-year increase in Research and development from 2017 to 2019?
Answer: 27.81
Percent Expected to be Recognized as Revenue
Percent Expected to be Recognized as Revenue
Percent Expected to be Recognized as Revenue
Percent Expected to be Recognized as Revenue
(in millions, except percentages)
Total Remaining Performance Obligations
0-12 Months
13-24 Months
25-36 Months
Over 36 Months
Enterprise Security
$2,059
65%
24%
10%
2%
Consumer Cyber Safety
549
95%
4%
1%
-%
Total
$2,608
71%
19%
8%
1%
remaining performance obligations .
remaining performance obligations represent contracted revenue that has not been recognized which include contract liabilities and amounts that will be billed and recognized as revenue in future periods .
as of march 29 2019 we had $ 2608 million of remaining performance obligations which does not include customer deposit liabilities of approximately $ 505 million and the approximate percentages expected to be recognized as revenue in the future are as follows : .
percentages may not add to 100 % due to rounding .

Question: As of March 29, 2019, how much remaining performance obligations are there?
Answer: $2,608 million
(In millions, except per share amounts)
(In millions, except per share amounts)
(In millions, except per share amounts)
(In millions, except per share amounts)
(In millions, except per share amounts)
(In millions, except per share amounts)
Year Ended June 30,
2019 (a)
2018
2017 (d)(e)
2016 (d)
2015
Revenue
$ 125,843
$ 110,360
$ 96,571
$ 91,154
$ 93,580
Gross margin
82,933
72,007
62,310
58,374
60,542
Operating income
42,959
35,058
29,025 (f)
26,078 (g)
18,161(h)
Net income
39,240(b)
16,571(c)
25,489 (f)
20,539 (g)
12,193(h)
Diluted earnings per share
5.06 (b)
2.13(c)
3.25 (f)
2.56 (g)
1.48(h)
Cash dividends declared per share
1.84
1.68
1.56
1.44
1.24
Cash, cash equivalents, and short-term
investments
133,819
133,768
132,981
113,240
96,526
Total assets
286,556
258,848
250,312
202,897
174,303
Long-term obligations
114,806
117,642
106,856
66,705
44,574
Stockholders’ equity
102,330
82,718
87,711
83,090
80,083
-a github has been included in our consolidated results of operations starting on the october 25 2018 acquisition date .
-b includes a $ 2 .
6 billion net income tax benefit related to intangible property transfers and a $ 157 million net charge related to the enactment of the tax cuts and jobs act - “ tcja ” which together increased net income and diluted earnings per share - “ eps ” by $ 2 .
4 billion and $ 0 .
31 respectively .
refer to note 12 – income taxes of the notes to financial statements for further discussion .
-c includes a $ 13 .
7 billion net charge related to the enactment of the tcja which decreased net income and diluted eps by $ 13 .
7 billion and $ 1 .
75 respectively .
refer to note 12 – income taxes of the notes to financial statements for further discussion .
-d reflects the impact of the adoption of new accounting standards in fiscal year 2018 related to revenue recognition and leases .
-e linkedin has been included in our consolidated results of operations starting on the december 8 2016 acquisition date .
-f includes $ 306 million of employee severance expenses primarily related to our sales and marketing restructuring plan which decreased operating income net income and diluted eps by $ 306 million $ 243 million and $ 0 .
04 respectively .
-g includes $ 630 million of asset impairment charges related to our phone business and $ 480 million of restructuring charges associated with our phone business restructuring plans which together decreased operating income net income and diluted eps by $ 1 .
1 billion $ 895 million and $ 0 .
11 respectively .
-h includes $ 7 .
5 billion of goodwill and asset impairment charges related to our phone business and $ 2 .
5 billion of integration and restructuring expenses primarily associated with our phone business restructuring plans which together decreased operating income net income and diluted eps by $ 10 .
0 billion $ 9 .
5 billion and $ 1 .
15 respectively .

Question: What was the total liabilities in 2018?
Answer: 176130
($ 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 payment term for inventory and accounts receivable financing?
Answer: Payment terms for inventory and accounts receivable financing generally range from 30 to 90 days.
2019
2018
2017
(in thousands)
(in thousands)
(in thousands)
Components of Net Periodic Postretirement Benefit
Cost (income):
Service cost
$41
$39
$34
Interest cost
347
196
201
Amortization of prior service credit
(191)
(373)
(496)
Net actuarial loss
717
25
398
Special termination benefits
—
3,708
591
Total net periodic postretirement benefit cost
914
3,595
728
Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income:
Prior service cost
—
—
—
Reversal of amortization items:
Prior service credit
191
373
496
Total recognized in other comprehensive income
191
373
496
Total recognized in net periodic postretirement cost and other comprehensive income
$1,105
$3,968
$1,224
expense .
for the years ended december 31 2019 2018 and 2017 teradyne ’ s net periodic postretirement benefit cost -income was comprised of the following : .

Question: In which year was service cost the largest?
Answer: 2019
As of December 31,
As of December 31,
As of December 31,
2019
2019
2018
Fair Value
Carrying Value
Fair Value
Carrying Value
2022 Notes
$215,801
$79,224
$ 189,802
$94,097
as of december 31 2019 and 2018 the fair value of the 2022 notes which was determined based on inputs that are observable in the market or that could be derived from or corroborated with observable market data quoted price of the 2022 notes in an over-the-counter market -level 2 and carrying value of debt instruments -carrying value excludes the equity component of the company ’ s convertible notes classified in equity were as follows -in thousands : .
in connection with the issuance of the 2022 notes the company entered into capped call transactions with certain counterparties affiliated with the initial purchasers and others .
the capped call transactions are expected to reduce potential dilution of earnings per share upon conversion of the 2022 notes .
under the capped call transactions the company purchased capped call options that in the aggregate relate to the total number of shares of the company ’ s common stock underlying the 2022 notes with an initial strike price of approximately $ 33 .
71 per share which corresponds to the initial conversion price of the 2022 notes and is subject to anti-dilution adjustments substantially similar to those applicable to the conversion rate of the 2022 notes and have a cap price of approximately $ 47 .
20 .
the cost of the purchased capped calls of $ 12 .
9 million was recorded to shareholders ’ equity and will not be re-measured .
based on the closing price of the company ’ s common stock of $ 78 .
08 on december 31 2019 the if-converted value of the 2022 notes was more than their respective principal amounts .

Question: In which year was the 2022 Notes fair value less than 200,000 thousands?
Answer: 2018