FangyuLei/tatqa huggingface dataset:
Years ended December 31,
Years ended December 31,
2019
2018
Interest expense on Term Loans
$8,073
$101,087
Amortization of debt issuance costs
5,685
16,308
Other interest expense 
2,120
6,949
Total interest expense, net
$15,878
$124,344
9 .
debt .
silicon valley bank facility .
we maintained a loan and security agreement with svb -the " credit facility " under which we had a term loan with an original borrowing amount of $ 6 .
0 million -the “ original term loan ” .
the original term loan carried a floating annual interest rate equal to svb ’ s prime rate then in effect plus 2 % .
the original term loan matured and was repaid in may 2019 .
on october 10 2019 we entered into an amended and restated loan and security agreement -the “ loan agreement ” with svb which amended and restated in its entirety our previous credit facility .
under the loan agreement svb agreed to make advances available up to $ 10 .
0 million -the “ revolving line ” .
if we borrow from the revolving line such borrowing would carry a floating annual interest rate equal to the greater of -i the prime rate -as defined in the loan agreement then in effect plus 1 % or -ii 6 % .
amounts borrowed under the revolving line may be repaid and prior to the revolving line maturity date -defined below reborrowed .
the revolving line terminates on october 10 2020 -the “ revolving line maturity date ” unless earlier terminated by us .
no amounts have been borrowed under this loan agreement .
amounts due under the loan agreement are secured by our assets including all personal property inventory and bank accounts ; however intellectual property is not secured under the loan agreement .
the inventory used to secure the amount due does not include demo or loaner equipment with an aggregate book value up to $ 1 .
0 million .
the loan agreement requires us to observe a number of financial and operational covenants including maintenance of a specified liquidity coverage ratio -as defined in the loan agreement protection and registration of intellectual property rights and customary negative covenants .
if any event of default occurs svb may declare due immediately all borrowings under the credit facility and foreclose on the collateral .
furthermore an event of default under the credit facility would result in an increase in the interest rate on any amounts outstanding .
as of december 31 2019 there were no events of default on the credit facility .
interest expense net for the years ended december 31 2019 and 2018 consisted of the following : .

Question: What is the change in Interest expense on Term Loans between December 31, 2018 and 2019?
Answer: -93014
Fiscal 2018
Fiscal 2017
% Change
(in millions)
(in millions)
(in millions)
Sales
$ 670.7
$  578.6
16 %
Operating income
60.4
39.8
52
Adjusted EBITDA
73.3
48.8
50
cubic transportation systems .
sales : cts sales increased 16 % to $ 670 .
7 million in 2018 compared to $ 578 .
6 million in 2017 and were higher in north america and the u .
k .
but were slightly lower in australia .
sales in 2018 were higher in the u .
s .
primarily due to system development on the new york new fare payment system contract which was awarded in october 2017 .
increased work on both development and service contracts including work on new change orders in london also increased cts sales for the year .
sales were also positively impacted in the u .
k .
and australia due to the impact of exchange rates .
the average exchange rates between the prevailing currencies in our foreign operations and the u .
s .
dollar resulted in an increase in cts sales of $ 12 .
4 million for 2018 compared to 2017 primarily due to the strengthening of the british pound against the u .
s .
dollar .
amortization of purchased intangibles : amortization of purchased intangibles included in the cts operating results totaled $ 5 .
2 million in 2018 and $ 5 .
7 million in 2017 .
operating income : cts operating income increased 52 % in 2018 to $ 60 .
4 million compared to $ 39 .
8 million in 2017 .
for 2018 operating income was higher from increased volumes of system development work and services including work on new projects and change orders primarily in north america and the u .
k .
operating income was also higher due to operational efficiencies and reductions in r & d spending .
r & d expenses for cts in 2017 included $ 6 .
4 million of system development expenses related to our anticipated contract with the new york metropolitan transit authority that was awarded in early fiscal 2018 ; such expenses incurred in 2018 on this contract are classified as cost of sales .
during the first quarter of fiscal year 2018 cts implemented our new enterprise resource planning -erp system and as a result began depreciating the cost of certain capitalized software into its operating results .
this resulted in a decrease in operating income of $ 4 .
2 million between fiscal 2017 and fiscal 2018 .
the average exchange rates between the prevailing currency in our foreign operations and the u .
s .
dollar resulted in an increase in cts operating income of $ 2 .
2 million for 2018 compared to 2017 .
adjusted ebitda : cts adjusted ebitda increased 50 % to $ 73 .
3 million in 2018 compared to $ 48 .
8 million in 2017 primarily due to the same items described in the operating income section above .
the increase in adjusted ebitda was primarily driven by the same factors that drove the increase in operating income described above excluding the increase in depreciation and decrease in amortization which are excluded from adjusted ebitda .

Question: What is the Sales for 2018?
Answer: $ 670.7
As of December 31,
As of December 31,
As of December 31,
As of December 31,
As of December 31,
2019
2018
2017
2016
2015
(In millions)
Balance Sheet Data:
Cash and cash equivalents (including restricted cash) (2)
$1,578.0
$1,304.9
$954.9
$936.5
$462.9
Property and equipment, net
12,084.4
11,247.1
11,101.0
10,517.3
9,866.4
Total assets (3)
42,801.6
33,010.4
33,214.3
30,879.2
26,904.3
Long-term obligations, including current portion
24,055.4
21,159.9
20,205.1
18,533.5
17,119.0
Redeemable noncontrolling interests
1,096.5
1,004.8
1,126.2
1,091.3
—
Total American Tower Corporation equity
5,055.4
5,336.1
6,241.5
6,763.9
6,651.7
item 6 .
selected financial data .
the selected financial data should be read in conjunction with our “ management ’ s discussion and analysis of financial condition and results of operations ” and our audited consolidated financial statements and the related notes to those consolidated financial statements included in this annual report .
year-over-year comparisons are significantly affected by our acquisitions dispositions and construction of towers .
our transaction with verizon communications inc .
- “ verizon ” and the transaction the “ verizon transaction ” and the acquisition of a controlling ownership interest in viom networks limited - “ viom ” and the acquisition the “ viom acquisition ” which closed in march 2015 and april 2016 respectively significantly impact the comparability of reported results between periods .
our principal 2019 acquisitions are described in note 7 to our consolidated financial statements included in this annual report .
-2 as of december 31 2019 2018 2017 2016 and 2015 amounts include $ 76 .
8 million $ 96 .
2 million $ 152 .
8 million $ 149 .
3 million and $ 142 .
2 million respectively of restricted funds pledged as collateral to secure obligations and cash the use of which is otherwise limited by contractual provisions .
-3 total assets as of december 31 2019 includes the right-of-use asset recognized in connection with our adoption of the new lease accounting standard described in note 1 to our consolidated financial statements included in this annual report .

Question: Why was Right-of-use asset included in total assets?
Answer: adoption of the new lease accounting standard described in note 1 to our consolidated financial statements included in this Annual Report
2019
2018
No. of Shares
No. of Shares
Number of shares at beginning of year
114,758
137,227
Number of shares distributed to employees
45,560
42,480
Number of shares transferred to main share registry and/or disposed of
(44,526)
(64,949)
Number of shares at year end
115,792
114,758
16 .
share-based payments .
a .
employee share plan .
the employee share plan -esp is available to all eligible employees each year to acquire ordinary shares in the company from future remuneration -before tax .
shares to be issued or transferred under the esp will be valued at the volume-weighted average price of the company ’ s shares traded on the australian securities exchange during the five business days immediately preceding the day the shares are issued or transferred .
shares issued under the esp are not allowed to be sold transferred or otherwise disposed until the earlier of the end of an initial three-year period or the participant ceasing continuing employment with the company .
details of the movement in employee shares under the esp are as follows : .
the consideration for the shares issued on 22 may 2019 was $ 3 .
72 -7 may 2018 : $ 4 .
24 .

Question: How much was the consideration for the shares issued on 7 May 2018?
Answer: $4.24
2019
2018
2017
Gross unrecognized tax benefits at the beginning of the year
$1,321
$1,181
$—
Additions from tax positions taken in the current year
213
140
140
Additions from tax positions taken in prior years
73
—
1,041
Reductions from tax positions taken in prior years
—
—
—
Tax settlements
—
—
—
Gross unrecognized tax benefits at end of the year
$1,607
$1,321
$1,181
uncertain tax positions .
in accordance with authoritative guidance the impact of an uncertain income tax position on the income tax return must be recognized at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant taxing authority .
an uncertain income tax position will not be recognized if it has less than a 50 % likelihood of being sustained .
the following table reconciles the beginning and ending amount of unrecognized tax benefits for the fiscal years ended september 30 2019 2018and 2017 -amounts shown in thousands : .
of the total unrecognized tax benefits at september 30 2019 $ 1 .
6 million will impact the company ’ s effective tax rate .
the company does not anticipate that there will be a substantial change in unrecognized tax benefits within the next twelve months .
the company ' s practice is to recognize interest and / or penalties related to income tax matters in income tax expense .
as of september 30 2019 no accrued interest or penalties related to uncertain tax positions are recorded in the consolidated financial statements .
the company is subject to income taxation in the u .
s .
at the federal and state levels .
all tax years are subject to examination by u .
s .
california and other state tax authorities due to the carryforward of unutilized net operating losses and tax credits .
the company is also subject to foreign income taxes in the countries in which it operates .
the company ’ s u .
s .
federal tax return for the year ended september 30 2017 is currently under examination .
to our knowledge the company is not currently under examination by any other taxing authorities .

Question: What is the proportion of addition from tax positions taken in the current year and prior years over gross unrecognized tax benefit at the end of the year 2019?
Answer: 0.18
Year ended December 31,
Year ended December 31,
Variance
2019
2018
$
%
Software Solutions
$412.7
$394.8
$17.9
5%
Data and Analytics
123.4
115.0
8.4
7%
Corporate and Other
109.9
115.6
(5.7)
(5)%
Total
$646.0
$625.4
$20.6
3%
consolidated financial results .
operating expenses .
the following table sets forth operating expenses by segment for the periods presented -in millions : .
the increase in operating expenses was primarily driven by higher net personnel costs technology-related costs and acquisition-related costs in our software solutions segment .
the increase in our data and analytics segment primarily related to higher net personnel costs and higher data costs related to revenue growth .
the decrease in corporate and other was primarily driven by lower incentive bonus expense .

Question: What was the difference in the percent variance between Software Solutions and Data and Analytics?
Answer: 2
Year Ended
Year Ended
Year Ended
(In millions)
March 29, 2019
March 30, 2018
March 31, 2017
Current:
Federal
$73
$1,011
$108
State
15
40
6
International
74
107
68
Total
162
1,158
182
Deferred:
Federal
(52)
(1,664)
(177)
State
(2)
(151)
(17)
International
(16)
(33)
(14)
Total
(70)
(1,848)
(208)
Income tax expense (benefit)
$92
$(690)
$(26)
pre-tax income from international operations was $ 214 million $ 890 million and $ 353 million for fiscal 2019 2018 and 2017 respectively .
the components of income tax expense -benefit recorded in continuing operations are as follows : .
as of december 28 2018 we have completed our accounting for the effects of the enactment of the tax cuts and jobs act -h .
r .
1 -the 2017 tax act in accordance with u .
s .
securities and exchange commission -sec staff accounting bulletin no .
118 and the amounts are no longer considered provisional .
we will continue to evaluate any new guidance from the u .
s .
department of treasury and the internal revenue service -irs as issued .

Question: What does the table show?
Answer: components of income tax expense (benefit) recorded in continuing operations
Fiscal Years Ended March 31,
Fiscal Years Ended March 31,
2018 (1)
2017 (2)
Pro forma revenues (3)
$1,217,655
$1,060,777
Pro forma net income from continuing operations available to common stockholders (3)
51,975
226,086
Pro forma earnings per common share - basic (3)
0.98
4.86
Pro forma earnings per common share - diluted (3)
0.89
4.08
Pro forma common shares - basic
52,798
46,552
Pro forma common shares - diluted
58,640
55,389
pro forma results .
the following table summarizes on a pro forma basis the combined results of operations of the company and tokin as though the acquisition and the sale of emd had occurred as of april 1 2016 .
the pro forma amounts presented are not necessarily indicative of either the actual consolidated results had the acquisition occurred as of april 1 2016 or of future consolidated operating results -amounts in thousands except per share data : .
-1 the net income for the fiscal year ended march 31 2018 excludes the following : 34 % of the gain on sale of the emd business of $ 75 .
2 million the gain related to the fair value of kemet ’ s previous 34 % interest in tokin of $ 68 .
7 million and the bargain gain on the acquisition of tokin of $ 62 .
2 million .
-2 the net income for the fiscal year ended march 31 2017 includes the following : 34 % of the gain on sale of the emd business of $ 123 .
4 million -which includes the release of a valuation allowance that was recorded in the fourth quarter of fiscal year 2017 and the use of the deferred tax asset which was recorded in the first quarter of fiscal year 2018 the gain related to the fair value of kemet ’ s previous 34 % interest in tokin of $ 66 .
7 million and the bargain gain on the acquisition of tokin of $ 60 .
3 million .
-3 fiscal years ended march 31 2018 and 2017 adjusted due to the adoption of asc 606 .

Question: What was the Pro forma common shares - diluted in 2018?
Answer: 58,640
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: How much was the total pension plan assets (in millions) as of May 26, 2019?
Answer: $3,601.5
(In thousands)
2019
2018
Change in projected benefit obligation:
Projected benefit obligation at beginning of period
$37,245
$34,893
Service cost
1,471
1,193
Interest cost
634
727
Actuarial loss - experience
453
38
Actuarial loss - assumptions
5,091
2,139
Benefit payments
(166)
(138)
Effects of foreign currency exchange rate changes
(826)
(1,607)
Projected benefit obligation at end of period
43,902
37,245
Change in plan assets:
Fair value of plan assets at beginning of period
24,159
26,624
Actual gain (loss) on plan assets
4,392
(2,024)
Contributions
—
688
Effects of foreign currency exchange rate changes
(535)
(1,129)
Fair value of plan assets at end of period
28,016
24,159
Unfunded status at end of period
$(15,886)
$(13,086)
note 14 – employee benefit plans .
pension benefit plan .
we maintain a defined benefit pension plan covering employees in certain foreign countries .
the pension benefit plan obligations and funded status as of december 31 2019 and 2018 were as follows : .
the accumulated benefit obligation was $ 43 .
9 million and $ 37 .
2 million as of december 31 2019 and 2018 respectively .
the increase in the accumulated benefit obligation and the actuarial loss was primarily attributable to a decrease in the discount rate during 2019 .

Question: What was the percentage change in the fair value of plan assets at end of period between 2018 and 2019?
Answer: 15.97
December 31, 2019
December 31, 2018
Deferred revenue:
Products
$6,593
$5,216
Services
94,571
92,750
Total deferred revenue
101,164
97,966
Less: current portion
(62,233)
(63,874)
Non-current portion
$38,931
$34,092
deferred revenue primarily consists of amounts that have been invoiced but not yet been recognized as revenue and consists of performance obligations pertaining to support and subscription services .
during the years ended december 31 2019 and 2018 we recognized revenue of $ 63 .
2 million and $ 60 .
2 million related to deferred revenue at the beginning of the period .
deferred revenue consisted of the following -in thousands : .

Question: What is the revenue recognized related to deferred revenue in 2018?
Answer: $63.2 million
Years Ended June 30,
Years Ended June 30,
Years Ended June 30,
($ in millions)
2019
2018
2017
Cost of sales
Service cost
$10.0
$10.5
$20.2
Total cost of sales
10.0
10.5
20.2
Selling, general and administrative expenses
Service cost
1.5
1.6
3.9
Total selling, general and administrative expenses
1.5
1.6
3.9
Other expense
Pension earnings, interest and deferrals
0.1
2.1
23.8
Curtailment charge
—
—
0.5
Total other expense
0.1
2.1
24.3
Net pension expense
$11.6
$14.2
$48.4
the service cost component of net pension expense represents the estimated cost of future pension liabilities earned associated with active employees .
the pension earnings interest and deferrals - “ pension eid ” is comprised of the expected return on plan assets interest costs on the projected benefit obligations of the plans and amortization of actuarial gains and losses and prior service costs .
net pension expense is recorded in accounts that are included in both the cost of sales and selling general and administrative expenses based on the function of the associated employees and in other income -expense net .
the following is a summary of the classification of net pension expense for the years ended june 30 2019 2018 and 2017 : .
as of june 30 2019 and 2018 amounts capitalized in gross inventory were $ 1 .
7 million and $ 1 .
7 million respectively .

Question: In which years is the net pension expense recorded?
Answer: 2019 2018 2017
December 31,
December 31,
2018
2019
Financial assets:
Cash and cash equivalents
285,907
497,874
Accounts receivable
173,450
199,535
Financial liabilities:
Accounts payable
80,640
119,712
note 17 .
financial instruments and financial risk management .
financial instruments .
financial instruments include : .
the carrying amounts of cash and cash equivalents accounts receivable and accounts payable equal their fair values because of the short-term nature of these instruments .

Question: Why is the carrying amounts of the segments of financial instrustments equal to their fair values?
Answer: because of the short-term nature of these instruments