FangyuLei/tatqa huggingface dataset:
Year Ended
Year Ended
Year Ended
April 26, 2019
April 27, 2018
April 28, 2017
Intrinsic value of exercises
$ 31
$ 37
$ 26
Proceeds received from exercises
$ 25
$ 88
$ 60
Fair value of options vested
$ 2
$ 8
$ 15
stock options .
additional information related to our stock options is summarized below -in millions : .

Question: What was the change in Intrinsic value of exercises between 2017 and 2018?
Answer: 11
(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)
Quarter Ended
September 30
December 31
March 31
June 30
Total
Fiscal Year 2019
Revenue
$  29,084
$  32,471
$  30,571
$  33,717
$  125,843
Gross margin
19,179
20,048
20,401
23,305
82,933
Operating income
9,955
10,258
10,341
12,405
42,959
Net income (a)
8,824
8,420
8,809
13,187
39,240
Basic earnings per share
1.15
1.09
1.15
1.72
5.11
Diluted earnings per share (b)
1.14
1.08
1.14
1.71
5.06
Fiscal Year 2018
Revenue
$  24,538
$ 28,918
$ 26,819
$ 30,085
$ 110,360
Gross margin
16,260
17,854
17,550
20,343
72,007
Operating income
7,708
8,679
8,292
10,379
35,058
Net income (loss) (c)
6,576
(6,302)
7,424
8,873
16,571
Basic earnings (loss) per share
0.85
(0.82)
0.96
1.15
2.15
Diluted earnings (loss) per share (d)
0.84
(0.82)
0.95
1.14
2.13
note 21 — quarterly information -unaudited .
-a reflects the $ 157 million net charge related to the enactment of the tcja for the second quarter and the $ 2 .
6 billion net income tax benefit related to the intangible property transfers for the fourth quarter which together increased net income by $ 2 .
4 billion for fiscal year 2019 .
see note 12 – income taxes for further information .
-b reflects the net charge related to the enactment of the tcja and the net income tax benefit related to the intangible property transfers which decreased -increased diluted eps $ 0 .
02 for the second quarter $ -0 .
34 for the fourth quarter and $ -0 .
31 for fiscal year 2019 .
-c reflects the net charge -benefit related to the enactment of the tcja of $ 13 .
8 billion for the second quarter $ -104 million for the fourth quarter and $ 13 .
7 billion for fiscal year 2018 .
-d reflects the net charge -benefit related to the enactment of the tcja which decreased -increased diluted eps $ 1 .
78 for the second quarter $ -0 .
01 for the fourth quarter and $ 1 .
75 for fiscal year 2018 .

Question: Which quarter ended in fiscal year 2019 saw the highest revenue?
Answer: June 30
£m
Investment and development property
Other temporary differences
Total
Provided deferred tax provision/(asset):
At 1 January 2018
24.6
(0.9)
23.7
Recognised in the income statement
(5.5)
(0.3)
(5.8)
Foreign exchange movements
0.1
–
0.1
At 31 December 2018
19.2
(1.2)
18.0
Recognised in the income statement
(16.4)
(0.2)
(16.6)
Foreign exchange movements
(0.5)
–
(0.5)
At 31 December 2019
2.3
(1.4)
0.9
balance sheet .
under ias 12 income taxes provision is made for the deferred tax assets and liabilities associated with the revaluation of assets and liabilities at the corporate tax rate expected to apply to the group at the time the temporary differences are expected to reverse .
for those uk assets and liabilities benefiting from reit exemption the relevant tax rate will be 0 per cent -2018 : 0 per cent and for other uk assets and liabilities the relevant rate will be 19 per cent if the temporary difference is expected to be realised before 1 april 2020 and 17 per cent if it is expected to be realised on or after 1 april 2020 -2018 : 19 per cent before 1 april 2020 17 per cent thereafter .
for spanish assets and liabilities the relevant tax rate will be 25 per cent -2018 : 25 per cent .
movements in the provision for deferred tax : .
the net deferred tax provision of £ 0 .
9 million predominantly arises in respect of the revaluation of development property at intu costa del sol partially offset by associated tax losses .

Question: What is the relevant tax rate for Spanish assets and liabilities?
Answer: 25 per cent
Fiscal Year
Fiscal Year
Fiscal Year
(In thousands)
December 29, 2019
December 30, 2018
December 31, 2017
Geographic distribution of income (loss) from continuing operations before income taxes and equity in earnings of unconsolidated investees:
U.S. loss
$(84,071)
$(778,316)
$(1,242,000)
Non-U.S. income (loss)
110,040
(120,355)
41,250
Income (loss) before income taxes and equity in earnings (loss) of unconsolidated investees
$25,969
$(898,671)
$(1,200,750)
Provision for income taxes:
Current tax (expense) benefit
Federal
$(328)
$(1,155)
$6,816
State
(370)
(553)
6,575
Foreign
(24,588)
(4,100)
(12,074)
Total current tax (expense) benefit
(25,286)
(5,808)
1,317
Deferred tax (expense) benefit
Federal
(100)
—
—
State
—
—
1,450
Foreign
(1,245)
4,798
1,177
Total deferred tax (expense) benefit
(1,345)
4,798
2,627
(Provision for) benefit from income taxes
(26,631)
$(1,010)
$3,944
note 13 .
income taxes .
in the year ended december 29 2019 our income tax provision of $ 26 .
6 million on a profit before income taxes and equity in earnings -losses of unconsolidated investees of $ 26 .
0 million was primarily due to tax expense in foreign jurisdictions that were profitable .
in the year ended december 30 2018 our income tax provision of $ 1 .
0 million on a loss before income taxes and equity in earnings of unconsolidated investees of $ 898 .
7 million was primarily due to tax expense in foreign jurisdictions that were profitable offset by tax benefit related to release of valuation allowance in a foreign jurisdiction and by a release of tax reserves due to lapse of statutes of limitation .
the geographic distribution of income -loss from continuing operations before income taxes and equity earnings -losses of unconsolidated investees and the components of provision for income taxes are summarized below : .

Question: What was the change in federal deferred tax  benefit from 2018 to 2019?
Answer: -100
CONSOLIDATED
2019 $’000
2018 $’000
Current
Annual leave
2,349
2,233
Long service leave
830
781
Clawback
2,715
2,463
Rebates
241
224
6,135
5,701
Non-Current
Long service leave
418
343
418
343
3 .
6 provisions .
recognition measurement and classification .
employee benefits – annual and long service leave .
the group recognises a liability for long service leave and annual leave measured as the present value of expected future payments to be made in respect of services provided by employees up to the reporting date using the projected unit credit method .
consideration is given to expected future wage and salary levels experience of employee departures and periods of service .
expected future payments are discounted using market yields at the reporting date on corporate bond rates with terms to maturity and currencies that match as closely as possible the estimated future cash outflows .
the group does not expect its long service leave or annual leave benefits to be settled wholly within 12 months of the reporting date .
annual and long service leave are classified as current where there is a current obligation to pay the employee shall they leave the group .
clawback provisions .
upfront fees received from certain insurance funds broadband providers and mortgage brokers can be clawed back in the event of early termination of membership .
they vary across the industries and are usually triggered where a referred member terminates their policy .
each relevant product provider has an individual agreement and the clawback period ranges between 0 and 24 months depending on the agreement .
key estimates - employee benefits .
provisions are measured at the present value of management ’ s best estimate of the expenditure required to settle the present obligation at the reporting date using the discounted cash flow methodology .
the risks specific to the provision are factored into the cash flows and as such a corporate bond rate relative to the expected life of the provision is used as a discount rate .
if the effect of the time value of money is material provisions are discounted using a current pre-tax rate that reflects the time value of money and the risks specific to the liability .
the increase in the provision resulting from the passage of time is recognised as interest expense .
key estimates - clawback provisions .
the group provides for this liability based upon historic average rates of attrition and recognises revenue net of these clawback amounts .

Question: What is the percentage change in the non-current provisions from 2018 to 2019?
Answer: 21.87
Fiscal Year 2019 Quarters Ended
Jun-30
Sep-30
Dec-31
Mar-31
Net sales
$327,616
$349,233
$350,175
$355,794
Gross margin
94,821
113,565
123,750
126,406
Operating income (1)
35,176
50,000
61,616
54,057
Net income
$35,220
$37,141
$40,806
$93,420
Net income per basic share
$0.61
$0.64
$0.70
$1.60
Net income per diluted share
$0.60
$0.63
$0.69
$1.58
note 16 : quarterly results of operations -unaudited .
the following table sets forth certain quarterly information for fiscal years 2019 and 2018 .
this information in the opinion of the company ’ s management reflects all adjustments -consisting only of normal recurring adjustments necessary to present fairly this information when read in conjunction with the consolidated financial statements and notes thereto included elsewhere herein -amounts in thousands except per share data : .
-1 operating income -loss as a percentage of net sales fluctuates from quarter to quarter due to a number of factors including net sales fluctuations foreign currency exchange restructuring charges product mix the timing and expense of moving product lines to lower-cost locations the write-down of long lived assets the net gain / loss on sales and disposals of assets and the relative mix of sales among distributors original equipment manufacturers and electronic manufacturing service providers .

Question: Which quarters ended did the Gross Margin exceed $120,000 thousand?
Answer: Dec-31 Mar-31
Year-ended 31 March 2019
Year-ended 31 March 2018
$M
$M
Cash-settled transactions
1.9
2.7
Equity-settled transactions
35.0
39.6
Total share-based payment expense
36.9
42.3
share-based payment expense .
the expense recognised for employee services received during the year is as follows : .
the cash-settled expense comprises cash-based awards together with certain social security taxes .
the carrying value of the liability as at 31 march 2019 was $ 1 .
6m -2018 : $ 3 .
1m .

Question: What was the carrying value of the liability in 2019?
Answer: $1.6M
As of
December 31, 2019
December 31, 2018
Amended Credit Agreement:  
Revolving Credit Facility due 2024, interest payable monthly at3 .30% and 3.77%, respectively
$800.0
$400.0
Term Loan “B” Facility due 2026, interest payable monthly at3 .80% and 4.27%, respectively
1,630.9
1,134.5
1.00% Notes due 2020 (1)
690.0
690.0
1.625% Notes due 2023 (2)
575.0
575.0
Other long-term debt (3)
53.3
139.5
Gross long-term debt, including current maturities
3,749.2
2,939.0
Less: Debt discount (4)
(102.7)
(139.4)
Less: Debt issuance costs (5)
(34.0)
(33.5)
Net long-term debt, including current maturities
3,612.5
2,766.1
Less: Current maturities
(736.0)
(138.5)
 Net long-term debt
$2,876.5
$2,627.6
note 9 : long-term debt .
the company ' s long-term debt consists of the following -annualized interest rates dollars in millions : .
-1 interest is payable on june 1 and december 1 of each year at 1 .
00 % annually .
-2 interest is payable on april 15 and october 15 of each year at 1 .
625 % annually .
-3 consists of u .
s .
real estate mortgages term loans revolving lines of credit notes payable and other facilities at certain international locations where interest is payable weekly monthly or quarterly with interest rates between 1 .
00 % and 4 .
00 % and maturity dates between 2019 and 2022 .
-4 debt discount of $ 20 .
4 million and $ 41 .
6 million for the 1 .
00 % notes $ 71 .
8 million and $ 88 .
5 million for the 1 .
625 % notes and $ 10 .
5 million and $ 9 .
3 million for the term loan " b " facility in each case as of december 31 2019 and december 31 2018 respectively .
-5 debt issuance costs of $ 2 .
8 million and $ 5 .
8 million for the 1 .
00 % notes $ 6 .
9 million and $ 8 .
5 million for the 1 .
625 % notes and $ 24 .
3 million and $ 19 .
2 million for the term loan " b " facility in each case as of december 31 2019 and december 31 2018 respectively .

Question: What is the average Gross long-term debt, including current maturities for December 31, 2018 to 2019?
Answer: 3344.1
Years Ended December 31,
Years Ended December 31,
2019
2018
Network advertising
$22.7
$28.2
Broadcast station
11.9
10.8
Network distribution
4.9
4.8
Other
2.3
1.6
Total revenue from contracts with customers
41.8
45.4
Other revenue
-
-
Total Broadcasting segment revenue
$ 41.8
$ 45.4
network advertising revenue is generated primarily from the sale of television airtime for programs or advertisements .
network advertising revenue is recognized when the program or advertisement is broadcast .
revenues are reported net of agency commissions which are calculated as a stated percentage applied to gross billings .
the network advertising contracts are generally short-term in nature .
network distribution revenue consists of payments received from cable satellite and other multiple video program distribution systems for their retransmission of our network content .
network distribution revenue is recognized as earned over the life of the retransmission consent contract and varies from month to month .
variable fees are usage / sales based calculated on the average number of subscribers and recognized as revenue when the usage occurs .
transaction prices are based on the contract terms with no material judgments or estimates .
broadcast station revenue is generated primarily from the sale of television airtime in return for a fixed fee or a portion of the related ad sales recognized by the third party .
in a typical broadcast station revenue agreement the licensee of a station makes available for a fee airtime on its station to a party which supplies content to be broadcast during that airtime and collects revenue from advertising aired during such content .
broadcast station revenue is recognized over the life of the contract when the program is broadcast .
the fees that we charge can be fixed or variable and the contracts that the company enters into are generally short-term in nature .
variable fees are usage / salesbased and recognized as revenue when the subsequent usage occurs .
transaction prices are based on the contract terms with no material judgments or estimates .
disaggregation of revenues the following table disaggregates the broadcasting segment ' s revenue by type -in millions : .

Question: What is the increase / (decrease) in the network advertising from 2018 to 2019?
Answer: -5.5
For the year ended
2019
2018
2017
(Gain) loss on disposition of property, plant, and equipment
$43
$(96)
$(22)
Restructure and asset impairments
(29)
28
18
Other
35
11
5
$49
$(57)
$1
other operating -income expense net .
restructure and asset impairments primarily relate to our continued emphasis to centralize certain key functions .
in addition in 2019 we finalized the sale of our 200mm fabrication facility in singapore and recognized restructure gains of $ 128 million .
in 2017 we recognized net restructure gains of $ 15 million related to the sale of our lexar assets ; our assets associated with our 200mm fabrication facility in singapore ; and our 40 % ownership interest in tera probe inc and assembly and test facility located in akita japan .

Question: In 2017, what is the net restructure gains of $15 million related to?
Answer: the sale of our Lexar assets; our assets associated with our 200mm fabrication facility in Singapore; and our 40% ownership interest in Tera Probe, Inc and assembly and test facility located in Akita, Japan
USDm
2019
2018
2017
Operating profit/(loss) (EBIT)
205.9
2.8
39.5
Tax
-0.8
-1.6
-0.8
EBIT less Tax
205.1
1.2
38.7
Invested capital, opening balance
1,469.4
1,406.0
1,387.7
Invested capital, ending balance
1,786.0
1,469.4
1,406.0
Average invested capital for the year
1,627.7
1,437.7
1,396.9
Return on Invested Capital (RoIC)
12.6%
0.1%
2.8%
alternative performance measures – continued .
return on invested capital -roic : torm defines roic as earnings before interest and tax -ebit less tax divided by the average invested capital for the period .
invested capital is defined below .
roic expresses the returns generated on capital invested in the group .
the progression of roic is used by torm to measure progress against our longer-term value creation goals outlined to investors .
roic is calculated as follows : .

Question: What is the progression of RoIC used by TORM for?
Answer: The progression of RoIC is used by TORM to measure progress against our longer-term value creation goals outlined to investors.
Years ended December31
Years ended December31
Years ended December31
(In millions of dollars, except tax rates)
2019
2018
Statutory income tax rate
26.7%
26.7%
Income before income tax expense
2,755
2,817
Computed income tax expense
736
752
Increase (decrease) in income tax expense resulting from:
Non-deductible stock-based compensation
–
5
Non-deductible portion of equity losses
7
1
Income tax adjustment, legislative tax change
(23)
-
Non-taxable portion of capital gains
(2)
(9)
Other items
(6)
9
Total income tax expense
712
758
Effective income tax rate
25.8%
26.9%
Cash income taxes paid
400
370
income tax expense .
below is a summary of the difference between income tax expense computed by applying the statutory income tax rate to income before income tax expense and the actual income tax expense for the year .
our effective income tax rate this year was 25 .
8 % compared to 26 .
9 % for 2018 .
the effective income tax rate for 2019 was lower than the statutory tax rate primarily as a result of a reduction to the alberta corporate income tax rate over a four-year period .
cash income taxes paid increased this year primarily as a result of the timing of installment payments .

Question: What was the effective tax rate in 2019?
Answer: 25.8%
Year Ended
Year Ended
Year Ended
January 3, 2020
December 28, 2018
December 29, 2017
(in millions)
(in millions)
(in millions)
Basic weighted average number of shares outstanding
143
151
152
Dilutive common share equivalents—stock options and other stock awards
2
2
2
Diluted weighted average number of shares outstanding
145
153
154
note 19 — earnings per share - " eps " .
basic eps is computed by dividing net income attributable to leidos common stockholders by the basic weighted average number of shares outstanding .
diluted eps is calculated to give effect to all potentially dilutive common shares that were outstanding during the reporting period .
the dilutive effect of outstanding equity-based compensation awards is reflected in diluted eps by application of the treasury stock method only in periods in which such effect would have been dilutive for the period .
the company issues unvested stock awards that have forfeitable rights to dividends or dividend equivalents .
these stock awards are dilutive common share equivalents subject to the treasury stock method .
the weighted average number of shares used to compute basic and diluted eps attributable to leidos stockholders were : .
anti-dilutive stock-based awards are excluded from the weighted average number of shares outstanding used to compute diluted eps .
for fiscal 2019 and 2017 there were no significant anti-diluted equity awards .
for fiscal 2018 there was 1 million of outstanding stock options and vesting stock awards that were anti-dilutive .

Question: What was the Basic weighted average number of shares outstanding in 2020, 2018 and 2017 respectively?
Answer: 143 151 152
Period
(a) Total Number of Shares Purchased (1)
(b) Average Price Paid per Share
(c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
(d) Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs (2)(3)
Aug. 1 - Aug. 31, 2019 
—
—
—
1,176,615
Sep. 1 - Sep. 30, 2019 
901
$151.33
901
1,176,615
Oct. 1 - Oct. 31, 2019 
34,344
$154.81
34,344
1,176,615
Total 
35,245
$154.72
35,245
1,176,615
item 5 .
market for the registrant ’ s common equity related stockholder matters and issuer purchases of equity securities .
the company ’ s common stock is traded on the nasdaq stock market llc under the symbol safm .
the number of stockholders of record as of december 12 2019 was 2742 .
the number of beneficial owners of our stock is greater than the number of holders of record and the exact number is unknown .
the amount of future common stock dividends will depend on our earnings financial condition capital requirements the effect a dividend would have on the company ' s compliance with financial covenants and other factors which will be considered by the board of directors on a quarterly basis .
during its fourth fiscal quarter the company repurchased shares of its common stock as follows : .
1 all purchases were made pursuant to the company ' s stock incentive plan as amended and restated on february 11 2016 under which shares were withheld to satisfy tax withholding obligations .
2 on may 31 2018 the company ’ s board of directors expanded and extended the share repurchase program originally approved on october 22 2009 under which the company was originally authorized to purchase up to one million shares of its common stock and is now authorized to purchase up to two million shares of its common stock in open market transactions or negotiated purchases subject to market conditions share price and other considerations .
the authorization will expire on may 31 2021 .
during the fourth quarter of fiscal 2018 the company purchased 823385 shares in open market transactions under this program .
the company ’ s repurchases of vested restricted stock to satisfy tax withholding obligations of its stock incentive plan participants are not made under the 2018 general repurchase plan .
3 does not include vested restricted shares that may yet be repurchased under the stock incentive plan as described in note 1 .

Question: What is the total number of shares purchased in the fourth fiscal quarter?
Answer: 35,245
Year Ended
Year Ended
December 31, 2019
December 31, 2018
Expected stock price volatility
92.34%
85.26%
Risk-free interest rate
2.09%
2.73%
Expected life term
6.14 years
6.02 years
Expected dividends
0%
0%
the fair value of each option grant was estimated on the date of grant using the black-scholes option pricing model using the following weighted average assumptions : .
based on the black-scholes option pricing model the weighted average estimated fair value of employee stock options granted was $ 4 .
63 and $ 2 .
58 per share during the years ended december 31 2019 and 2018 respectively .
the expected life was determined using the simplified method outlined in asc 718 “ compensation - stock compensation ” .
expected volatility of the stock options was based upon historical data and other relevant factors .
we have not provided an estimate for forfeitures because we have had nominal forfeited options and rsus and believed that all outstanding options and rsus at december 31 2019 would vest .

Question: What is the risk-free interest rate in 2018?
Answer: 2.73%