FangyuLei/tatqa huggingface dataset:
Year ended March 31,
Year ended March 31,
2019
2018
Expected term (in years)
0.5
0.5
Risk-free interest rate
2.3%
1.4%
Expected volatility
39.1%
29.9%
Expected dividend yield  
—%
—%
Grant date fair value per ordinary share
$36.69
$27.15
employee share purchase plan -espp .
the company estimates the fair value of its espp share options on the date of grant using the black-scholes option-pricing model which requires the use of highly subjective estimates and assumptions .
the company estimates the expected term of espp share options based on the length of each offering period which is six months .
the risk-free interest rate is based on a treasury instrument whose term is consistent with the expected life of the espp share option .
expected volatility is based on the company ’ s historical volatility .
the company uses an expected dividend rate of zero as it currently has no history or expectation of paying dividends on its ordinary shares .
the grant date fair value per ordinary share is based on the closing market value of its ordinary shares on the first day of each espp offering period .
the first authorized offering period under the espp commenced on july 1 2017 .
the fair value of each espp option grant was estimated using the black-scholes option-pricing model that used the following weighted-average assumptions : .
the weighted-average per share fair value of espp share options granted to employees during the years ended march 31 2019 and 2018 was $ 9 .
58 and $ 6 .
41 respectively .

Question: What is the risk free interest rate based on?
Answer: a treasury instrument whose term is consistent with the expected life of the ESPP share option.
2019
2018
Employee Grants
Employee Grants
Weighted-average Black-Scholes option pricing model assumptions:
Volatility
73.01%
82.00%
Expected term (in years)
6
6
Risk-free rate
2.22%
2.24%
Expected dividend yield
0.0%
0.0%
Weighted average grant date fair value per share
$2.10
$2.22
the company estimates the fair values of stock options using the black-scholes option-pricing model on the date of grant .
for the years ended december 31 2019 and 2018 the assumptions used in the black-scholes option pricing model which was used to estimate the grant date fair value per option were as follows : .
the risk-free interest rate is the united states treasury rate for the day of the grant having a term equal to the life of the equity instrument .
the volatility is a measure of the amount by which the company ’ s share price has fluctuated or is expected to fluctuate ; the company used its common stock volatility along with the average of historic volatilities of comparative companies .
the dividend yield is zero as the company has not made any dividend payment and has no plans to pay dividends in the foreseeable future .
the company determines the expected term of its stock option awards by using the simplified method which assumes each vesting tranche of the award has a term equal to average of the contractual term and the vesting period .
as of december 31 2019 total compensation cost not yet recognized related to unvested stock options was approximately $ 0 .
8 million which is expected to be recognized over a weighted-average period of 2 .
3 years .

Question: What is the average volatility in 2018 and 2019?
Answer: 77.51
Years Ended December 31,
Years Ended December 31,
Years Ended December 31,
2019
2018
2017
Number of restricted shares/ RSUs granted
508
492
480
Weighted average grant-date fair value per restricted share/RSU
$28.43
$28.16
$29.42
Fair value of restricted shares/RSUs vested
$3,647
$8,342
$6,868
the following table summarizes information regarding restricted shares / rsus granted and vested -in thousands except per restricted share / rsu amounts : .
as of december 31 2019 based on the probability of achieving the performance goals there was $ 6 .
1 million of total unrecognized compensation cost net of actual forfeitures related to nonvested restricted shares / rsus .
of the unrecognized compensation cost 33 % related to performance-based nonvested restricted shares / rsus and 67 % related to employment-based nonvested restricted shares / rsus .
this cost is expected to be recognized over a weighted average period of 2 .
0 years .

Question: In which years is the Fair value of restricted shares/RSUs vested calculated?
Answer: 2019 2018 2017
Fiscal Year Ended
Fiscal Year Ended
Fiscal Year Ended
September 28, 2019 As Reported
Adjustments due to Topic 606
September 28, 2019 As Adjusted - Without Adoption of Topic 606
Net sales
$3,164,434
$14,880
$3,149,554
Cost of sales
2,872,596
12,934
2,859,662
       Gross profit
291,838
1,946
289,892
       Operating income
142,055
1,946
140,109
       Income before income taxes
125,955
1,946
124,009
Income tax expense
17,339
440
16,899
           Net income
$108,616
$1,506
$107,110
15 .
revenue from contracts with customers .
impact of adopting topic 606 .
the effects of the adoption on the company ' s consolidated financial statements for the fiscal year ended september 28 2019 was as follows -in thousands : .

Question: What was the cost of sales adjustments due to Topic 606?
Answer: 12,934
2019
2018
2017
(in thousands)
(in thousands)
(in thousands)
Restricted Stock Units:
Non-vested at January 1
2,454
3,174
3,778
Awarded
1,139
790
939
Vested
(1,237)
(1,382)
(1,434)
Forfeited
(87)
(128)
(109)
Non-vested at December31
2,269
2,454
3,174
Stock Options:
Outstanding at January 1
506
531
926
Granted
102
69
111
Exercised
(280)
(94)
(501)
Forfeited
(7)
—
—
Expired
(2)
—
(5)
Outstanding at December 31
319
506
531
Vested and expected to vest at December 31
319
506
531
Exercisable at December 31
85
256
233
teradyne determined the stock options ’ expected life based upon historical exercise data for executive officers the age of the executive officers and the terms of the stock option grant .
volatility was determined using historical volatility for a period equal to the expected life .
the risk-free interest rate was determined using the u .
s .
treasury yield curve in effect at the time of grant .
dividend yield was based upon an estimated annual dividend amount of $ 0 .
36 per share divided by teradyne ’ s stock price on the grant date of $ 37 .
95 for the 2019 grants $ 47 .
70 for the 2018 grants and $ 28 .
56 for the 2017 grants .
stock compensation plan activity for the years 2019 2018 and 2017 is as follows : .

Question: What was the percentage change in granted stocks in 2019 from 2018?
Answer: 47.83
City
State
Country
Sq ft
Type
Business Nature/Use
Boston
MA
USA
31,752
Lease
Administrative, sales, client support, R&D, engineering, professional services
Panama City
FL
USA
51,288
Lease
Administrative, sales, client support, R&D, engineering, professional services
Belfast
NI
UK
15,500
Lease
R&D, engineering, administrative
Phoenix
AZ
USA
4,865
Lease
Data Centre
Philadelphia
PA
USA
14,183
Lease
Administrative, sales, client support, R&D, engineering, professional services
117,588
item 2 .
properties .
our corporate headquarters are located in culver city california where we occupy facilities totaling approximately 8000 square feet on a monthto-month basis pursuant to a shared services agreement with nantworks .
we use these facilities for administration sales and marketing research and development engineering client support and professional services .
in addition we have 5 u .
s .
locations across four states and one international location .
our key facilities include the following : .
united states .
boston massachusetts .
panama city florida .
philadelphia pennsylvania .
phoenix arizona .
international .
◦ belfast northern ireland .
note that on february 3 2020 the company completed the sale of its connected care business which includes the panama city florida property .
we believe that our facilities are adequate to meet our needs in the near term and that if needed suitable additional space will be available to accommodate any expansion of our operations .
the following table outlines our facilities location square footage and use : .

Question: What is the average square feet of the company's facilities in Boston and Panama City?
Answer: 41520
December 31,
December 31,
2019
2018
Goodwill
$ 10,368
$ 10,368
Accumulated impairment losses
(1,244 )
(1,244 )
Goodwill
9,124
9,124
Brand names
3,700
3,700
Goodwill and indefinite lived intangible assets
$ 12,824
$ 12,824
note 5 – goodwill and intangible assets .
goodwill and indefinite-lived intangible assets consisted of the following : .
goodwill .
the company performed the annual impairment assessment of goodwill for our single reporting unit as of december 31 2019 noting no impairment loss .
the fair value exceeded the carrying value by 2 .
4 % .
considerable management judgment is necessary to evaluate goodwill for impairment .
we estimate fair value using widely accepted valuation techniques including discounted cash flows and market multiples analysis with respect to our single reporting unit .
these valuation approaches are dependent upon a number of factors including estimates of future growth rates our cost of capital capital expenditures income tax rates and other variables .
assumptions used in our valuations were consistent with our internal projections and operating plans .
our discounted cash flows forecast could be negatively impacted by a change in the competitive landscape any internal decisions to pursue new or different strategies a loss of a significant customer or a significant change in the market place including changes in the prices paid for our products or changes in the size of the market for our products .
additionally under the market approach analysis we used significant other observable inputs including various guideline company comparisons .
we base our fair value estimates on assumptions we believe to be reasonable but which are unpredictable and inherently uncertain .
changes in these estimates or assumptions could materially affect the determination of fair value and the conclusions of the quantitative goodwill test for our one reporting unit .
indefinite-lived intangible assets .
the company performed the annual impairment assessment on the indefinite-lived intangible asset as of december 31 2019 and 2018 resulting in no impairment losses .

Question: What is the change in the value of brand names between 2018 and 2019?
Answer: 0
Year Ended December 31, 2019
Acquisition Costs
Fulfillment Costs
(Dollars in millions)
Beginning of period balance
$322
187
Costs incurred
208
158
Amortization
(204)
(124)
End of period balance
$326
221
contract costs .
the following table provides changes in our contract acquisition costs and fulfillment costs : .
acquisition costs include commission fees paid to employees as a result of obtaining contracts .
fulfillment costs include third party and internal costs associated with the provision installation and activation of telecommunications services to customers including labor and materials consumed for these activities .
deferred acquisition and fulfillment costs are amortized based on the transfer of services on a straight-line basis over the average customer life of 30 months for consumer customers and 12 to 60 months for business customers and amortized fulfillment costs are included in cost of services and products and amortized acquisition costs are included in selling general and administrative expenses in our consolidated statements of operations .
the amount of these deferred costs that are anticipated to be amortized in the next twelve months are included in other current assets on our consolidated balance sheets .
the amount of deferred costs expected to be amortized beyond the next twelve months is included in other non-current assets on our consolidated balance sheets .
deferred acquisition and fulfillment costs are assessed for impairment on an annual basis .

Question: Which type of costs has a larger amount under costs incurred?
Answer: Acquisition Costs
2019
(Restated) 2018
£m
£m
Trade payables
4.3
3.7
Accruals
10.5
9.8
Other taxes and social security
13.0
11.8
Deferred income
13.2
1.8
Other payables
0.3
0.9
Accrued interest payable
0.5
0.5
Total
41.8
28.5
20 .
trade and other payables .
following the application of ifrs 16 trade and other payables for the year ended 31 march 2018 have been restated -note 2 .
trade payables are unsecured and are usually paid within 30 days of recognition .
the carrying amounts of trade and other payables are considered to be the same as their fair values due to their short-term nature .

Question: Why are trade payables in 2018 restated in the table?
Answer: Following the application of IFRS 16
2019
2018
2017
Year ended 31 March
£m
£m
£m
Cash generated from operations
4,687
5,400
6,725
Tax paid
(431)
(473)
(551)
Net cash inflows from operating activities
4,256
4,927
6,174
Net purchase of property, plant and equipment and software
(3,637)
(3,341)
(3,119)
Free cash flow
619
1,586
3,055
Interest received
23
7
7
Interest paid
(531)
(555)
(629)
Add back pension deficit payments
2,024
872
274
Add back net cash flow from specific items
598
828
205
Add back net sale of non-current asset investments
1
19
(20)
Add back prepayments in respect of acquisition of spectrum licence
-
325
-
Remove refund on acquisition of spectrum licence
(21)
-
-
Remove cash tax benefit of pension deficit payments
(273)
(109)
(110)
Normalised free cash flow b
2,440
2,973
2,782
summarised cash flow statement .
cash flow .
we generated a net cash inflow from operating activities of £ 4256m down £ 671m mainly driven by £ 2bn contributions to the bt pension scheme offset by favourable working capital movements .
in line with our outlook normalised free cash flowb was £ 2440m down £ 533m or 18 % driven by increased cash capital expenditure decrease in ebitda and higher tax payments .
free cash flow which includes specific item outflows of £ 598m -2017 / 18 : £ 828m and a £ 273m -2017 / 18 : £ 109m tax benefit from pension deficit payments was £ 619m -2017 / 18 : £ 1586m .
last year also included payments of £ 325m for the acquisition of mobile spectrum .
the spectrum auction bidding took place across the 2017 / 18 and 2018 / 19 financial years .
whilst £ 325m was on deposit with ofcom at 31 march 2018 we went on to acquire spectrum for a total price of £ 304m and the excess deposit balance has since been refunded .
we made pension deficit payments of £ 2024m -2017 / 18 : £ 872m and paid dividends to our shareholders of £ 1504m -2017 / 18 : £ 1523m .
the net cash cost of specific items of £ 598m -2017 / 18 : £ 828m includes restructuring payments of £ 372m -2017 / 18 : £ 189m and regulatory payments of £ 170m -2017 / 18 : £ 267m .
last year also included payments of £ 225m relating to the settlement of warranty claims under the 2015 ee acquisition agreement .
b after net interest paid before pension deficit payments -including the cash tax benefit of pension deficit payments and specific items .

Question: What is the change in the Net cash inflows from operating activities from 2018 to 2019?
Answer: -671
Period
(a) Total Number of Shares (or Units) Purchased
(b) Average Price Paid per Share (or Unit)
(c) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs
(d) Maximum Number (or Approximate Dollar Value) of Shares (or Unites) that May Yet Be Purchased Under the Plans or Programs*
July 1-31, 2019
293
$ 99.35
293
74,706
August 1 - 31, 2019
39,769
107.71
39,769
34,937
September 1 - 30, 2019
91
75.51
91
34,846
Total
40,153
$ 107.58
40,153
34,846
repurchase of company shares .
the company repurchased a total of 75113 and 74880 shares of its common stock during fiscal 2019 and fiscal 2018 respectively for cash totaling approximately $ 7 .
5 million and $ 7 .
7 million respectively .
all repurchased shares were recorded in treasury stock at cost .
at september 2019 34846 shares of the company ’ s common shares remained authorized for repurchase in either the open market or privately negotiated transactions as previously approved by the company ’ s board of directors .
in october 2019 our board of directors renewed the repurchase authorization for up to 75000 shares of the company ’ s common stock .
during the fourth quarter of fiscal 2019 the company repurchased shares of its common stock for cash totaling approximately $ 4 .
3 million .
the following table summarizes these repurchases made by or on behalf of our company or certain affiliated purchasers of shares of our common stock for the quarterly period ended september 30 2019 : .
* in october 2019 and subsequent to the end of fiscal 2019 our board of directors authorized purchases of up to 75000 shares of our company ’ s common stock in open market or negotiated transactions .
management was given discretion to determine the number and pricing of the shares to be purchased as well as the timing of any such purchases .

Question: What is the percentage change in the amount paid by the company to purchase its common stock during 2018 and 2019?
Answer: -2.6
Year Ended 
Year Ended 
Year Ended 
June 30,
2019
June 30,2018
June 30,
2017
Research and development  
21.1%
18.7%
15.4%
Sales and marketing  
28.7%
27.2%
26.8%
General and administrative  
5.6%
5.2%
6.2%
Acquisition and integration costs, net of bargain purchase gain  
0.3%
5.5%
2.2%
Restructuring charges, net of reversals  
0.5%
0.8%
1.5%
Amortization of intangibles  
0.6%
0.9%
1.4%
Total operating expenses
56.8%
58.3%
53.5%
Operating (loss) income  
(1.5)%
(3.9)%
1.0%
operating expenses .
the following table highlights our operating expenses and operating loss as a percentage of net revenues : .

Question: What was the change in the Total operating expenses as a percentage of net revenues between 2018 and 2019?
Answer: -1.5
As of December 31,
As of December 31,
As of December 31,
As of December 31,
As of December 31,
2018
2018
2018
2019
2019
Investee companies
Amount
Percentage of ownership or voting rights
Amount
Percentage of ownership or voting rights
NT$ (In Thousands)
NT$ (In Thousands)
NT$ (In Thousands)
NT$ (In Thousands)
Listed companies
CLIENTRON CORP.
$249,663
22.39
$276,515
21.90
FARADAY TECHNOLOGY CORP. (FARADAY) (Note A)
1,483,111
13.78
1,473,028
13.78
Unlisted companies
MTIC HOLDINGS PTE. LTD.
3,026
45.44
18,157
45.44
WINAICO IMMOBILIEN GMBH (Note B)
—
44.78
—
44.78
PURIUMFIL INC.
—
—
7,164
44.45
UNITECH CAPITAL INC.
568,005
42.00
642,660
42.00
TRIKNIGHT CAPITAL CORPORATION
1,520,575
40.00
2,281,631
40.00
HSUN CHIEH INVESTMENT CO., LTD.
1,608,551
36.49
1,686,502
36.49
YANN YUAN INVESTMENT CO., LTD.
2,032,013
30.87
2,761,821
30.87
HSUN CHIEH CAPITAL CORP.
161,319
30.00
122,060
30.00
VSENSE CO., LTD.
31,544
26.89
592
25.90
UNITED LED CORPORATION HONG KONG LIMITED
167,953
25.14
121,973
25.14
TRANSLINK CAPITAL PARTNERS I, L.P. (Note C)
120,440
10.38
172,414
10.38
WINAICO SOLAR PROJEKT 1 GMBH (Note B)
—
50.00
—
—
YUNG LI INVESTMENTS, INC.
2,213
45.16
—
—
Total
$7,948,413
$9,564,517
note a : beginning from june 2015 the company accounts for its investment in faraday as an associate given the fact that the company obtained the ability to exercise significant influence over faraday through representation on its board of directors .
note b : winaico solar projekt 1 gmbh and winaico immobilien gmbh are joint ventures to the company .
note c : the company follows international accounting practices in equity accounting for limited partnerships and uses the equity method to account for these investees .
the carrying amount of investments accounted for using the equity method for which there are published price quotations amounted to nt $ 1733 million and nt $ 1750 million as of december 31 2018 and 2019 respectively .
the fair value of these investments were nt $ 1621 million and nt $ 2244 million as of december 31 2018 and 2019 respectively .

Question: What accounting practices is used by the company in equity accounting?
Answer: international accounting practices
Years Ended September 30,
Years Ended September 30,
Years Ended September 30,
2019
2018
2017
Restructuring costs:
Cubic Transportation Systems
$  3.2
$  0.4
$  0.4
Cubic Mission Solutions
—
0.2
—
Cubic Global Defense
3.3
1.3
0.9
Unallocated corporate expenses
8.9
3.1
1.0
Total restructuring costs
$  15.4
$  5.0
$  2.3
note 19 — restructuring .
in 2019 we initiated projects to restructure and modify our supply chain strategy functional responsibilities methods capabilities processes and rationalize suppliers with the goal of reducing ongoing costs and increasing the efficiencies of our worldwide procurement organization .
the majority of the costs associated with these restructuring activities are related to consultants that we have engaged in connection with these efforts and such costs have been recognized by our corporate entity .
the total costs of this restructuring project are expected to exceed amounts incurred to date by $ 0 .
9 million and these efforts are expected to be completed early in fiscal 2020 .
also in fiscal 2019 our cts and cgd segments incurred restructuring charges consisting primarily of employee severance costs related to headcount reductions initiated to optimize our cost positions .
the total costs of each of these restructuring plans initiated thus far are not expected to be significantly greater than the charges incurred to date .
our fiscal 2018 restructuring activities related primarily to expenses incurred by our corporate entity to establish a north american shared services center .
our fiscal 2017 restructuring activities included corporate efforts to increase the centralization and efficiency of our manufacturing processes as well as restructuring charges incurred by our cgd businesses related to the elimination of a level of management in the cgd simulator business .
restructuring charges incurred by our business segments were as follows -in millions : .

Question: What is the percentage change in the amount of total restructuring costs in 2019 from 2018?
Answer: 208
March 31,
March 31,
2019
2018
Total assets:
Solid Capacitors
$794,402
$704,851
Film and Electrolytic (1)
219,711
240,968
MSA
234,419
254,193
Corporate
69,563
22,911
$1,318,095
$1,222,923
the following tables summarize information for operating income -loss depreciation and amortization restructuring charges gain -loss on write down and disposal of long-lived assets and capital expenditures by reportable segment for the fiscal years ended 2019 2018 and 2017 and total assets by reportable segment for the fiscal years ended 2019 and 2018 -amounts in thousands : the following tables summarize information for operating income -loss depreciation and amortization restructuring charges gain -loss on write down and disposal of long-lived assets and capital expenditures by reportable segment for the fiscal years ended 2019 2018 and 2017 and total assets by reportable segment for the fiscal years ended 2019 and 2018 -amounts in thousands : .
-1 march 31 2018 adjusted due to the adoption of asc 606 .

Question: Which years does the table provide information for total assets by reportable segment?
Answer: 2019 2018
July 27, 2019
Gross
Accumulated Amortization
Net
Purchased intangible assets with finite lives:
Technology  .
$3,270
$(1,933)
$1,337
Customer relationships .
840
(331)
509
Other
41
(22)
19
Total purchased intangible assets with finite lives
4,151
(2,286)
1,865
In-process research and development, with indefinite lives .
336
—
336
Total .
$4,487
$(2,286)
$2,201
5 .
goodwill and purchased intangible assets .
-b purchased intangible assets .
the following tables present details of our purchased intangible assets -in millions : .
purchased intangible assets include intangible assets acquired through acquisitions as well as through direct purchases or licenses .
impairment charges related to purchased intangible assets were approximately $ 47 million for fiscal 2017 .
impairment charges were as a result of declines in estimated fair value resulting from the reduction or elimination of expected future cash flows associated with certain of our technology and ipr & d intangible assets .

Question: What did purchased intangible assets include?
Answer: intangible assets acquired through acquisitions as well as through direct purchases or licenses.