FangyuLei/tatqa huggingface dataset:
For the Year Ended December 31,
For the Year Ended December 31,
For the Year Ended December 31,
For the Year Ended December 31,
2018
2017
Change
% Change
(In millions, except percentages)
(In millions, except percentages)
(In millions, except percentages)
(In millions, except percentages)
Revenues
$82.3
$50.5
$31.8
63%
Cost of revenues
15.3
6.0
9.3
155%
Gross profit
67.0
44.5
22.5
51%
Gross margin
81%
88%
Operating expenses:
Selling, general and administrative
32.2
28.6
3.6
13%
Research and development
2.1
1.5
0.6
40%
Total operating expenses
34.3
30.1
4.2
14%
Other income (expense)
(4.0)
2.2
(6.2)
(282)%
Income before income taxes
28.7
16.6
12.1
73%
Income tax provision (benefit)
8.0
(6.2)
14.2
(229)%
Net income
$20.7
$22.8
$(2.1)
(9)%
year ended december 31 2018 compared with the year ended december 31 2017 : .
revenue in 2018 is derived from multiple license agreements that we entered into with third-parties following negotiations pursuant to our patent licensing and enforcement program .
the revenue increase is primarily due to licensing revenues as further described in " item 1 .
business " - " licensing and enforcement - current activities post 2013 " .
cost of revenues includes contingent legal fees directly associated with our licensing and enforcement programs .
cost of revenues increased largely in proportion to increase in revenues .
selling general and administrative expenses - " sg & a " consisted primarily of legal fees incurred in operations and employee headcount related expenses .
these comprise approximately 74 % of total sg & a expense .
litigation expenses increased $ 4 .
2 million to $ 16 .
5 million in 2018 compared to 2017 and are primarily due to the timing of various outstanding litigation actions .
see " item 3 .
legal proceedings " .
employee headcount related expenses increased $ 1 .
8 million to $ 7 .
2 million in 2018 compared to 2017 and is primarily due to incentive bonuses earned during the year .
the balance of sg & a expenses include consulting other professional services facilities and other administrative fees and expenses .
research and development expenses - " r & d " are primarily from our finjan mobile security business and increased by $ 0 .
6 million to $ 2 .
1 million in 2018 compared to 2017 as we continue to position this business for future growth .
other income -expense is primarily due to changes in the fair value of the warrant liability of $ 3 .
4 million in 2018 versus a benefit of $ 2 .
2 million in 2017 and interest expense of $ 0 .
6 million in 2018 net .
we recognized an income tax expense of $ 8 .
1 million on pre-tax income of $ 28 .
7 million in 2018 as compared to a benefit from the reduction in the valuation allowance of $ 6 .
2 million in 2017 .

Question: What is the value of the warrant liability fair value as a percentage of the cost of revenues in 2018?
Answer: 22.22
2019
2018
$ CHANGE
% CHANGE
Bell Wireless
(5,300)
(5,297)
(3)
(0.1%)
Bell Wireline
(6,942)
(6,946)
4
0.1%
Bell Media
(2,367)
(2,428)
61
2.5%
Inter-segment eliminations
751
738
13
1.8%
Total BCE operating costs
(13,858)
(13,933)
75
0.5%
4 .
4 operating costs .
cost of revenues includes costs of wireless devices and other equipment sold network and content costs and payments to other carriers .
labour costs -net of capitalized costs include wages salaries and related taxes and benefits post-employment benefit plans service cost and other labour costs including contractor and outsourcing costs .
other operating costs include marketing advertising and sales commission costs bad debt expense taxes other than income taxes it costs professional service fees and rent .
bce total bce operating costs declined by 0 .
5 % in 2019 compared to last year driven by reduced costs in bell media of 2 .
5 % while costs in bell wireless and bell wireline remained relatively stable year over year .
these results reflected the benefit from the adoption of ifrs 16 in 2019 .

Question: What is the sum of Inter-segment eliminations in 2018 and 2019?
Answer: 1489
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
Transaction Volume
Dollars (in millions)
$5,954
$5,030
$3,767
Percentage increase
18%
34%
Loan Servicing Portfolio
Dollars (in millions, at end of period)
$9,150
$7,341
$5,390
Percentage increase
25%
36%
Active Merchants
Number (at end of period)
17,216
14,907
10,891
Percentage increase
15%
37%
Cumulative Consumer Accounts
Number (in millions, at end of period)
3.03
2.24
1.57
Percentage increase
35%
43%
item 7 .
management ' s discussion and analysis of financial condition and results of operations -united states dollars in thousands except per share data and unless otherwise indicated .
business metrics .
we review a number of operating and financial metrics to evaluate our business measure our performance identify trends formulate plans and make strategic decisions including the following .
transaction volume .
we define transaction volume as the dollar value of loans facilitated on our platform during a given period .
transaction volume is an indicator of revenue and overall platform profitability and has grown substantially in the past several years .
loan servicing portfolio .
we define our loan servicing portfolio as the aggregate outstanding consumer loan balance -principal plus accrued interest and fees serviced by our platform at the date of measurement .
our loan servicing portfolio is an indicator of our servicing activities .
the average loan servicing portfolio for the years ended december 31 2019 2018 and 2017 was $ 8213 million $ 6303 million and $ 4501 million respectively .
active merchants .
we define active merchants as home improvement merchants and healthcare providers that have submitted at least one consumer application during the twelve months ended at the date of measurement .
because our transaction volume is a function of the size engagement and growth of our merchant network active merchants in aggregate are an indicator of future revenue and profitability although they are not directly correlated .
the comparative measures can also be impacted by disciplined corrective action taken by the company to remove merchants from our program who do not meet our customer satisfaction standards .
cumulative consumer accounts .
we define cumulative consumer accounts as the aggregate number of consumer accounts approved on our platform since our inception including accounts with both outstanding and zero balances .
although not directly correlated to revenue cumulative consumer accounts is a measure of our brand awareness among consumers as well as the value of the data we have been collecting from such consumers since our inception .
we may use this data to support future growth by cross-marketing products and delivering potential additional customers to merchants that may not have been able to source those customers themselves .

Question: How did the company define Loan Servicing Portfolio?
Answer: the aggregate outstanding consumer loan balance (principal plus accrued interest and fees) serviced by our platform at the date of measurement.
April 26, 2019
April 27, 2018
Deferred product revenue
$ 84
$ 107
Deferred services revenue
3,502
3,134
Financed unearned services revenue
82
122
Total
$ 3,668
$ 3,363
Reported as:
Short-term
$ 1,825
$ 1,712
Long-term
1,843
1,651
Total
$ 3,668
$ 3,363
deferred revenue and financed unearned services revenue -in millions : .
the following table summarizes the components of our deferred revenue and financed unearned services balance as reported in our consolidated balance sheets -in millions : .
deferred product revenue represents unrecognized revenue related to undelivered product commitments and other product deliveries that have not met all revenue recognition criteria .
deferred services revenue represents customer payments made in advance for services which include software and hardware maintenance contracts and other services .
financed unearned services revenue represents undelivered services for which cash has been received under certain third-party financing arrangements .
see note 18 – commitments and contingencies for additional information related to these arrangements .

Question: Which years does the company provide information for components of the company's deferred revenue and financed unearned services balance?
Answer: 2019 2018
2017
2018
2019
NT$(In Thousands)
NT$(In Thousands)
NT$(In Thousands)
Employees’ compensation – Cash
$1,032,324
$1,400,835
$1,132,952
Directors’ compensation
11,452
7,624
10,259
the company recognizes the employees and directors ’ compensation in the profit or loss during the periods when earned for the years ended december 31 2017 2018 and 2019 .
the board of directors estimates the amount by taking into consideration the articles of incorporation government regulations and industry averages .
if the board of directors resolves to distribute employee compensation through stock the number of stock distributed is calculated based on total employee compensation divided by the closing price of the day before the board of directors meeting .
if the board of directors subsequently modifies the estimates significantly the company will recognize the change as an adjustment in the profit or loss in the subsequent period .
the distributions of employees and directors ’ compensation for 2017 and 2018 were reported to the stockholders ’ meeting on june 12 2018 and june 12 2019 respectively while the distributions of employees and directors ’ compensation for 2019 were approved through the board of directors meeting on february 26 2020 .
the details of distribution are as follows : .
the aforementioned employees and directors ’ compensation for 2017 and 2018 reported during the stockholders ’ meeting were consistent with the resolutions of the board of directors meeting held on march 7 2018 and march 6 2019 respectively .
information relevant to the aforementioned employees and directors ’ compensation can be obtained from the “ market observation post system ” on the website of the twse .

Question: Where can the Information relevant to the aforementioned employees and directors’ compensation be obtained?
Answer: “Market Observation Post System” on the website of the TWSE
As of December 31,
As of December 31,
2018
2019
NT$(In Thousands)
NT$(In Thousands)
Unsecured bank loans
$7,780,552
$8,080,200
Unsecured other loans
5,323,256
3,935,006
Total
$13,103,808
$12,015,206
the company ’ s unused short-term lines of credit amounted to nt $ 77658 million and nt $ 64169 million as of december 31 2018 and 2019 respectively .
-10 short-term loans .

Question: What is the total Unsecured bank loans?
Answer: 15860752
Years ended August 31,
2019
2018
Outstanding, beginning of the year
105,475
101,538
Granted
37,600
47,900
Distributed
(44,470)
(35,892)
Cancelled
(26,780)
(8,071)
Outstanding, end of the year
71,825
105,475
isu plan .
the corporation offers to its executive officers and designated employees an incentive share unit - " isu " plan .
according to this plan executive officers and designated employees periodically receive a given number of isus which entitle the participants to receive subordinate voting shares of the corporation after three years less one day from the date of grant .
the number of isus is based on the dollar value of the award and the average closing stock price of the corporation for the previous twelve month period ending august 31 .
a trust was created for the purpose of purchasing these shares on the stock market in order to protect against stock price fluctuation and the corporation instructed the trustee to purchase subordinate voting shares of the corporation on the stock market .
these shares are purchased and are held in trust for the participants until they are fully vested .
the trust considered as a special purpose entity is consolidated in the corporation ’ s financial statements with the value of the acquired subordinate voting shares held in trust under the isu plan presented in reduction of share capital .
under the isu plan the following isus were granted by the corporation and are outstanding at august 31 : .
a compensation expense of $ 2046000 - $ 2461000 in 2018 was recorded for the year ended august 31 2019 related to this plan .

Question: What was the increase / (decrease) in the Outstanding, beginning of the year from 2018 to 2019?
Answer: 3937
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2017
(in thousands)
(in thousands)
(in thousands)
Cost of net revenue
$577
$489
$332
Research and development
16,545
17,953
16,190
Selling, general and administrative
14,938
13,279
11,016
Restructuring expense
—
—
5,130
$32,060
$31,721
$32,668
stock-based compensation .
the company recognizes stock-based compensation expense in the consolidated statements of operations based on the department to which the related employee reports as follows : the company recognizes stock-based compensation expense in the consolidated statements of operations based on the department to which the related employee reports as follows : .
the total unrecognized compensation cost related to performance-based restricted stock units as of december 31 2019 was $ 3 .
6 million and the weighted average period over which these equity awards are expected to vest is 1 .
6 years .
the total unrecognized compensation cost related to unvested stock options as of december 31 2019 was $ 2 .
0 million and the weighted average period over which these equity awards are expected to vest is 2 .
30 years .

Question: What was the change in Cost of net revenue from 2018 to 2019?
Answer: 88
July 27, 2019
July 28, 2018
Increase (Decrease)
Service
$11,709
$11,431
$ 278
Product
6,758
8,254
(1,496)
Total
$18,467
$19,685
$(1,218)
Reported as:
Current
$10,668
$11,490
$(822)
Noncurrent
7,799
8,195
(396)
Total
$18,467
$19,685
$(1,218)
deferred revenue the following table presents the breakdown of deferred revenue -in millions : .
deferred revenue decreased primarily due to the adoption of asc 606 in the beginning of our first quarter of fiscal 2019 .
of the total deferred revenue decrease related to the adoption of asc 606 of $ 2 .
8 billion $ 2 .
6 billion relates to deferred product revenue and $ 0 .
2 billion relates to deferred service revenue .
of the adjustment to deferred product revenue $ 1 .
3 billion related to our recurring software and subscription offers $ 0 .
6 billion related to two-tier distribution and the remainder related to nonrecurring software and other adjustments .
the decrease related to the adoption of asc 606 was partially offset by an increase in product deferred revenue during the fiscal year .
the increase in deferred service revenue was driven by the impact of contract renewals partially offset by amortization of deferred service revenue .

Question: How many years did total reported deferred revenue exceed $15,000 million?
Answer: 2
USDm
2019
2018
2017
Reconciliation to revenue
Revenue
692.6
635.4
657.0
Port expenses, bunkers and commissions
-267.7
-283.0
-259.9
TCE earnings
424.9
352.4
397.1
alternative performance measures .
time charter equivalent -tce earnings : .
torm defines tce earnings a performance measure as revenue after port expenses bunkers and commissions incl .
freight and bunker derivatives .
the company reports tce earnings because we believe it provides additional meaningful information to investors in relation to revenue the most directly comparable ifrs measure .
tce earnings is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company ’ s performance irrespective of changes in the mix of charter types -i .
e .
spot charters time charters and bareboat charters under which the vessels may be employed between the periods .
below is presented a reconciliation from revenue to tce earnings : .

Question: What was the change in TCE earnings in 2019 from 2018?
Answer: 72.5
Accounts Receivable
Unbilled Receivable (current)
Unbilled Receivable (long-term)
Deferred Revenue (current)
Deferred Revenue (long-term)
Opening Balance as of March 31, 2018
$152,219
$9,900
$4,380
$241,113
$84,661
Increase/(decrease), net
9,351
5,366
2,836
(2,674)
14,596
Ending Balance as of March 31, 2019
$161,570
$15,266
$7,216
$238,439
$99,257
information about contract balances .
amounts collected in advance of services being provided are accounted for as deferred revenue .
nearly all of the company ' s deferred revenue balance is related to services revenue primarily customer support contracts .
in some arrangements the company allows customers to pay for term based software licenses and products over the term of the software license .
amounts recognized as revenue in excess of amounts billed are recorded as unbilled receivables .
unbilled receivables which are anticipated to be invoiced in the next twelve months are included in accounts receivable on the consolidated balance sheet .
long term unbilled receivables are included in other assets .
the opening and closing balances of the company ’ s accounts receivable unbilled receivables and deferred revenues are as follows : .
the increase in accounts receivable is primarily a result of an increase in subscription software transactions that are recognized as revenue at the time of sale but paid for over time .
the net increase in deferred revenue is primarily the result of an increase in deferred customer support revenue related to software and products revenue transactions and customer support renewals during fiscal 2019 .
the amount of revenue recognized in the period that was included in the opening deferred revenue balance was $ 238603 for the year ended march 31 2019 .
the vast majority of this revenue consists of customer support arrangements .
the amount of revenue recognized from performance obligations satisfied in prior periods was not material .
notes to consolidated financial statements — -continued -in thousands except per share data .

Question: What were the reasons given for the change in accounts receivable and deferred revenue between March 2018 and March 2019 respectively?
Answer: increase in subscription software transactions that are recognized as revenue at the time of sale but paid for over time increase in deferred customer support revenue related to software and products revenue transactions and customer support renewals during fiscal 2019.
Number of shares
Weighted-average grant date fair value
Nonvested at December 31, 2017
0.859
$ 187.01
Granted
0.410
278.29
Vested
(0.492)
204.24
Forfeited
(0.038)
191.51
Nonvested at December 31, 2018
0.739
$ 225.93
Granted
0.321
318.75
Vested
(0.290)
209.05
Forfeited
(0.061)
225.23
Nonvested at December 31, 2019
0.709
$ 275.00
restricted stock grants — during 2019 and 2018 the company granted 0 .
321 and 0 .
410 shares respectively of restricted stock to certain employee and director participants under its share-based compensation plans .
restricted stock grants generally vest over a period of 1 to 4 years .
the company recorded $ 72 .
5 $ 109 .
7 and $ 63 .
0 of compensation expense related to outstanding shares of restricted stock held by employees and directors during 2019 2018 and 2017 respectively .
in 2018 this expense included $ 29 .
4 associated with accelerated vesting due to the passing of our former executive chairman .
a summary of the company ’ s nonvested shares activity for 2019 and 2018 is as follows : .
at december 31 2019 there was $ 77 .
9 of total unrecognized compensation expense related to nonvested awards granted to both employees and directors under the company ’ s share-based compensation plans .
that cost is expected to be recognized over a weighted-average period of 1 .
8 years .
unrecognized compensation expense related to nonvested shares of restricted stock grants is recorded as a reduction to additional paid-in capital in stockholder ’ s equity at december 31 2019 .
employee stock purchase plan — during 2019 2018 and 2017 participants of the espp purchased 0 .
021 0 .
020 and 0 .
020 shares respectively of roper ’ s common stock for total consideration of $ 6 .
8 $ 5 .
4 and $ 4 .
2 respectively .
all of these shares were purchased from roper ’ s treasury shares .

Question: What is the ratio of compensation expense related to outstanding shares of restricted stock during 2018 to the total price of restricted stock shares granted between 2017 and 2018? 
Answer: 0.96
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2018
2017
Net income
$95,973
$127,980
$138,668
Interest expense
23,860
23,584
7,536
Tax expense (benefit)
(7,125)
5,534
—
Depreciation and amortization
7,304
4,478
3,983
Equity-based compensation expense(1)
13,769
6,054
4,253
Change in financial guarantee liability(2)
16,215
—
—
Transaction expenses(3)
11,345
2,393
2,612
Non-recurring expenses(4)
2,804
—
—
Adjusted EBITDA
$164,145
$170,023
$157,052
item 7 .
management ' s discussion and analysis of financial condition and results of operations -united states dollars in thousands except per share data and unless otherwise indicated .
adjusted ebitda has limitations as an analytical tool and should not be considered in isolation from or as a substitute for the analysis of other gaap financial measures such as net income .
some of the limitations of adjusted ebitda include : .
• it does not reflect our current contractual commitments that will have an impact on future cash flows ; • it does not reflect the impact of working capital requirements or capital expenditures ; and • it is not a universally consistent calculation which limits its usefulness as a comparative measure .
management compensates for the inherent limitations associated with using the measure of adjusted ebitda through disclosure of such limitations presentation of our financial statements in accordance with gaap and reconciliation of adjusted ebitda to the most directly comparable gaap measure net income as presented below .
-1 includes equity-based compensation to employees and directors as well as equity-based payments to non-employees .
-2 includes losses recorded in the fourth quarter of 2019 associated with the financial guarantee arrangement for a bank partner that did not renew its loan origination agreement when it expired in november 2019 .
see note 14 to the notes to consolidated financial statements included in item 8 for additional discussion of our financial guarantee arrangements .
-3 for the year ended december 31 2019 includes loss on remeasurement of our tax receivable agreement liability of $ 9 .
8 million and professional fees associated with our strategic alternatives review process of $ 1 .
5 million .
for the year ended december 31 2018 includes certain costs associated with our ipo which were not deferrable against the proceeds of the ipo .
further includes certain costs such as legal and debt arrangement costs related to our march 2018 term loan upsizing .
for the year ended december 31 2017 includes one-time fees paid to an affiliate of one of the members of the board of managers in conjunction with the august 2017 term loan transaction .
-4 for the year ended december 31 2019 includes -i legal fees associated with ipo related litigation of $ 2 .
0 million -ii one-time tax compliance fees related to filing the final tax return for the former corporate investors associated with the reorganization transactions of $ 0 .
2 million and -iii lien filing expenses related to certain bank partner solar loans of $ 0 .
6 million .

Question: What was the change in the interest expense between 2017 and 2018?
Answer: 16048