FangyuLei/tatqa huggingface dataset:
December 31,
December 31,
2019
2018
Raw materials
$396
$246
Work-in-process
186
220
Finished goods
448
753
Ending inventory
$1,030
$1,219
inventory .
inventory is stated at the lower of cost and net realizable value using the first-in first-out - “ fifo ” valuation method .
net realizable value is the estimated selling prices in the ordinary course of business less reasonably predictable costs of completion disposal and transportation .
any adjustments to reduce the cost of inventories to their net realizable value are recognized in earnings in the current period .
due to the low sell-through of our airbar products management has decided to fully reserve work-in-process for airbar components as well as airbar related raw materials .
management has further decided to reserve for a portion of airbar finished goods depending on type of airbar and in which location it is stored .
the airbar inventory reserve was $ 0 .
8 million and $ 1 .
0 million for the years ended december 31 2019 and 2018 respectively .
in order to protect our manufacturing partners from losses in relation to airbar production we agreed to secure the value of the inventory with a bank guarantee .
since the sale of airbars has been lower than expected a major part of the inventory at the partner remained unused when the due date of the bank guarantee neared and neonode therefore agreed that the partner should keep inventory for the production of 20000 airbars and the rest be purchased by us .
the inventory value of these purchases has been fully reserved .
as of december 31 2019 the company ’ s inventory consists primarily of components that will be used in the manufacturing of our sensor modules .
we segregate inventory for reporting purposes by raw materials work-in-process and finished goods .
raw materials work-in-process and finished goods are as follows -in thousands : .

Question: What is the difference in ending inventory between 2018 and 2019?
Answer: 189
For the year ended
For the year ended
September 30, 2019
September 30, 2018
Increase (Decrease)
(Amounts in thousands)
(Amounts in thousands)
Interest expense
$(99)
$(85)
$(14)
Interest income
323
20
303
Foreign exchange gain (loss)
157
263
(106)
Other income, net
3
297
(294)
Total other income (expense), net
$384
$495
$(111)
other income / expense .
the following table details our other income / expenses for the years ended september 30 2019 and 2018 : .
the decrease to other income -expenses for the fiscal year ended september 30 2019 as compared to the fiscal year ended september 30 2018 was primarily driven by a decrease in other income net of $ 0 .
3 mil .

Question: When does the company's fiscal year end?
Answer: September 30
2019
2018
€m
€m
Within one year
2,834
2,686
In more than one year but less than two years
1,654
1,633
In more than two years but less than three years
1,227
1,155
In more than three years but less than four years
950
903
In more than four years but less than five years
739
717
In more than five years
3,412
2,600
10,816
9,694
operating lease commitments .
the group has entered into commercial leases on certain properties network infrastructure motor vehicles and items of equipment .
the leases have various terms escalation clauses purchase options and renewal rights none of which are individually significant to the group .
future minimum lease payments under non-cancellable operating leases comprise : .
the total of future minimum sublease payments expected to be received under non-cancellable subleases is € 1027 million -2018 : € 859 million .

Question: How much is the 2019 total future minimum lease payments under non-cancellable operating leases?
Answer: 10,816
Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
2019
2019
2018
Beginning of period balance
$11,176
$12,678
Revenue deferred and acquired in current period
6,127
3,954
Revenue recognized from amounts included in contract liabilities
(6,805)
(5,456)
End of period balance
$10,498
$11,176
contract liabilities .
contract liabilities include payments received in advance of performance under the contract and are realized with the associated revenue recognized under the contract .
the changes in our contract liabilities are as follows -in thousands : .
the revenue recognized from amounts included in contract liabilities primarily relates to prepayment contracts with customers as well as payments of activation fees .

Question: What was the percentage change in the End of period balance between 2018 and 2019?
Answer: -6.07
CHAIR
MEMBER
F19 FEE
F20 FEE
F19 FEE
F20 FEE
BOARD AND COMMITTEE FEES ($)
INCL. SUPER
INCL. SUPER
INCL. SUPER
INCL. SUPER
Board
$790,531
$790,531
$254,990
$254,990
Audit, Risk Management and Compliance Committee
$65,000
$65,000
$32,500
$32,500
People Performance Committee
$54,525
$65,000
$27,265
$32,500
Sustainability Committee
$45,000
$65,000
$22,500
$32,500
Nomination Committee
Nil
Nil
Nil
Nil
non ‐ executive director fees are paid from an aggregate annual fee pool of $ 4000000 as approved by shareholders at the agm on 18 november 2010 .
total board and committee fees paid during f19 were $ 2859903 -refer to section 5 .
1 .
non ‐ executive directors do not receive variable pay and no directors ’ fees are paid to executive directors .
in recognition of the equal importance and workload of all of the board ’ s committees the board reviewed non ‐ executive director fees and determined to increase chair and member fees for the people performance committee and sustainability committee as detailed in the table below effective 1 july 2019 .
the table below provides a summary of f19 and f20 board and committee fees : .

Question: What is the difference between the fees paid to a member in the board compared to a member in the sustainability committee in F19?
Answer: 232490
(In Thousands, Except Per Share Data)
(In Thousands, Except Per Share Data)
(In Thousands, Except Per Share Data)
(In Thousands, Except Per Share Data)
(In Thousands, Except Per Share Data)
YEAR ENDED JUNE 30,
YEAR ENDED JUNE 30,
YEAR ENDED JUNE 30,
YEAR ENDED JUNE 30,
YEAR ENDED JUNE 30,
Income Statement Data
2019
2018
2017
2016
2015
*Unadjusted
*Unadjusted
Revenue (1)
$1,552,691
$1,470,797
$1,388,290
$1,354,646
$1,256,190
Net Income
$271,885
$365,034
$229,561
$248,867
$211,221
Basic earnings per share
$3.52
$4.73
$2.95
$3.13
$2.60
Diluted earnings per share
$3.52
$4.70
$2.93
$3.12
$2.59
Dividends declared per share
$1.54
$1.36
$1.18
$1.06
$0.94
Balance Sheet Data
Total deferred revenue
$394,306
$369,915
$368,151
$521,054
$531,987
Total assets
$2,184,829
$2,033,058
$1,868,199
$1,815,512
$1,836,835
Long-term debt
$—
$—
$50,000
$—
$50,102
Stockholders’ equity
$1,429,013
$1,322,844
$1,099,693
$996,210
$991,534
selected financial data .
the following data should be read in conjunction with the consolidated financial statements and accompanying notes included elsewhere in the annual report on form 10-k .
fiscal 2018 and 2017 have been recast to reflect the company ’ s retrospective adoption of accounting standards update - “ asu ” 2014-09 revenue from contracts with customers and related amendments collectively referred to as accounting standards codification - “ asc ” 606 .
fiscal 2016 and 2015 were not recast .
net income for fiscal 2018 and 2019 has been impacted by the reduced u .
s .
corporate tax rate enacted by the tax cuts and jobs act - “ tcja ” of 2017 and fiscal 2018 net income contains the related adjustment for the re-measurement of deferred taxes .
acquisitions have affected revenue and net income in fiscal 2019 as well as the historical periods presented .
-1 revenue includes license sales support and service revenues and hardware sales less returns and allowances .

Question: What is the average revenue for 2017 and 2018?
Answer: 1429543.5
Year ended December 31, 2019
Year ended December 31, 2018
Year ended December 31, 2017
Income tax benefit (expense) computed at statutory rate
(297)
(353)
(238)
Non-deductible and non-taxable permanent differences, net
4
45
17
Income (loss) on equity-method investments
—
—
—
Valuation allowance adjustments
2
141
92
Effect on deferred taxes of changes in enacted tax rates
14
(62)
(70)
Current year credits
50
43
40
Other tax and credits
(51)
(20)
(36)
Benefits from tax holidays
129
135
114
Net impact of changes to uncertain tax positions
(5)
(16)
(43)
Earnings of subsidiaries taxed at different rates
(2)
(9)
(19)
Income tax benefit (expense)
(156)
(96)
(143)
the tax holidays represent a tax exemption period aimed to attract foreign technological investment in certain tax jurisdictions .
the effect of the tax benefits from tax holidays for countries which are profitable on basic earnings per share was $ 0 .
14 $ 0 .
15 and $ 0 .
13 for the years ended december 31 2019 2018 and 2017 respectively .
these agreements are present in various countries and include programs that reduce up to and including 100 % of taxes in years affected by the agreements .
the company ’ s tax holidays expire at various dates through the year ending december 31 2028 .
in certain countries tax holidays can be renewed depending on the company still meeting certain conditions at the date of expiration of the current tax holidays .
in may 2019 switzerland voted a tax reform which cancelled all favourable tax regimes and introduced a single tax rate for all companies which triggered the revaluation of all deferred tax assets and liabilities .
enactment of this law occurred in third quarter of 2019 which resulted in a tax benefit of $ 20 million .
the remeasurement of deferred taxes was reconciled in the fourth quarter of 2019 to include the current year activity which did not have a material impact on the net remeasurement .

Question: What is the increase/ (decrease) in Income tax benefit (expense) computed at statutory rate from December 31, 2018 to 2019?
Answer: -56
2019
2018
(in thousands)
(in thousands)
Maintenance, service and training
$63,815
$58,362
Extended warranty
30,677
27,422
Customer advances, undelivered elements and other
56,358
24,677
Total deferred revenue and customer advances
$150,850
$110,461
services .
teradyne services consist of extended warranties training and application support service agreement post contract customer support - “ pcs ” and replacement parts .
each service is recognized based on relative standalone selling price .
extended warranty training and support service agreements and pcs are recognized over time based on the period of service .
replacement parts are recognized at a point in time upon transfer of control to the customer .
teradyne does not allow customer returns or provide refunds to customers for any products or services .
teradyne products include a standard 12-month warranty .
this warranty is not considered a distinct performance obligation because it does not obligate teradyne to provide a separate service to the customer and it cannot be purchased separately .
cost related to warranty are included in cost of revenues when product revenues are recognized .
as of december 31 2019 and 2018 deferred revenue and customer advances consisted of the following and are included in the short and long-term deferred revenue and customer advances : .

Question: Where are deferred revenue and customer advances included in?
Answer: the short and long-term deferred revenue and customer advances
December 31,
December 31,
December 31,
(In millions)
2019
2018
Used lines of credit (1)
$ 98.9
$ 232.8
Unused lines of credit
1,245.2
1,135.3
Total available lines of credit(2)
$ 1,344.1
$ 1,368.1
lines of credit .
the following table summarizes our available lines of credit and committed and uncommitted lines of credit including the revolving credit facility discussed above and the amounts available under our accounts receivable securitization programs .
-1 includes total borrowings under the accounts receivable securitization programs the revolving credit facility and borrowings under lines of credit available to several subsidiaries .
-2 of the total available lines of credit $ 1137 .
4 million were committed as of december 31 2019 .

Question: What is the difference between the Unused lines of credit for 2019 and 2018?
Answer: 109.9
Years Ended December 31,
Years Ended December 31,
2019
2018
(unaudited) 
(unaudited)
Revenue
$72,576,902
$60,249,896
Income from continuing operations
$6,912,802
$1,559,008
pro forma consolidated results of operations .
the following unaudited pro forma financial information presents combined results of operations for each of the periods presented as if the acquisitions of moi and gp had been completed on january 1 2018 .
the pro forma information includes adjustments to depreciation expense for property and equipment acquired and amortization expense for the intangible assets acquired and the elimination of transaction expenses recognized in each period .
transaction-related expenses associated with the acquisition and excluded from pro forma income from continuing operations were $ 1 .
0 million for the year ended december 31 2019 .
there were no transaction-related expenses associated with the acquisition for the year ended december 31 2018 .
the pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations or the combined business had the acquisitions of moi and gp occurred on january 1 2018 or the results of future operations of the combined business .
for instance planned or expected operational synergies following the acquisition are not reflected in the pro forma information .
consequently actual results will differ from the unaudited pro forma information presented below .

Question: What is the average Revenue for December 31, 2018 and 2019?
Answer: 66413399
Years Ended December 31,    
Years Ended December 31,    
Years Ended December 31,    
All figures in USD '000, except TCE rate per day 
2018
2017
Variance 
Voyage Revenue  
289,016
297,141
(2.7%)
Less Voyage expenses  
(165,012)
(142,465)
15.8%
Net Voyage Revenue  
124,004
154,676
(19.8%)
Vessel Calendar Days (1)  
9,747
10,892
(10.5%)
Less off-hire days  
277
867
(68.1%)
Total TCE days  
9,470
10,025
(5.5%)
TCE Rate per day (2) 
$13,095
$15,428
(15.1%)
Total Days for vessel operating expenses  
9,747
10,892
(10.5%)
reconciliation of net voyage revenues to voyage revenues : .
-1 vessel calendar days is the total number of days the vessels were in our fleet .
-2 time charter equivalent - " tce " rate results from net voyage revenue divided by total tce days .

Question: What is the value of the voyage revenue in 2017 as a percentage of the revenue in 2018?
Answer: 102.81
€ million
2017/2018
2018/2019
EBT (earnings before taxes)
576
709
Expected income tax expenses (30.53%)
176
216
Effects of differing national tax rates
−58
−62
Tax expenses and income relating to other periods
−21
−6
Non-deductible business expenses for tax purposes
41
51
Effects of not recognised or impaired deferred taxes
79
114
Additions and reductions for local taxes
11
13
Tax holidays
−14
−39
Other deviations
3
5
Income tax expenses according to the income statement
216
298
Group tax rate
37.6%
42.0%
applying the german group tax rate to the reported pre-tax result would result in an income tax expense of € 216 million -2017 / 18 : € 176 million .
the deviation of € 81 million -2017 / 18 : € 40 million from the reported tax expense of € 298 million -2017 / 18 : € 216 million can be reconciled as follows : .
1 adjustment of previous year according to explanation in notes .
the item ‘ effects of differing national tax rates ’ includes a deferred tax revenue of € 6 million -2017 / 18 : € 23 million from tax rate changes .
tax expenses and income relating to other periods of the previous year include a repayment of approximately € 20 million because of a retrospective change in foreign law in 2018 .
tax holidays for the current year include effects from real estate transactions in the amount of € 30 million -2017 / 18 : € 2 million .

Question: In which years were the Group tax rate provided in the table?
Answer: 2017/2018 2018/2019
Fiscal Year Ended March 31,
Fiscal Year Ended March 31,
2018
2019
Gross Accounts Receivable - Trade
$300,016
$273,053
Less
Allowances for doubtful accounts
1,893
1,276
Stock rotation and ship from stock and debit
15,989
14,140
Sales returns and discounts
6,875
646
Total allowances
24,757
16,062
Accounts Receivable - Trade, net
$275,259
$256,991
5 .
trade accounts receivable and contract liabilities : .
charges related to allowances for doubtful accounts are charged to selling general and administrative expenses .
charges related to stock rotation ship from stock and debit sales returns and sales discounts are reported as deductions from revenue .
please refer to note 6 “ revenue recognition ” for additional information .

Question: What is the total allowances in 2018 as a percentage of the gross accounts receivable - trade?
Answer: 8.25
2019 Goodwill
2018 Goodwill
£m
£m
Steam Specialties
113.0
119.3
Electric Thermal Solutions
244.7
183.0
Watson-Marlow
60.0
65.7
Total goodwill
417.7
368.0
15 goodwill and other intangible assets continued .
impairment .
in accordance with the requirements of ias 36 -impairment of assets goodwill is allocated to the group ’ s cash-generating units or groups of cash-generating units that are expected to benefit from the synergies of the business combination that gave rise to the goodwill .
during 2019 we performed a review on the basis of identification of our individual cgus .
as a result of this review we have consolidated a number of our current individual cgus into groups of cgus that represent the lowest level to which goodwill is monitored for internal management purposes being each operating segment as disclosed in note 3 .
as a result we performed an impairment review at an operating segment cgu level the breakdown of the goodwill value at 31st december across these is shown below : .
in order to complete the transition to performing goodwill impairment reviews at an operating segment level we also performed a goodwill impairment review as at 31st december 2019 under the historical cgu basis .
the result of this impairment review led to an impairment of £ 4 .
2m being recognised in respect of watson-marlow flowsmart .
no other impairment was recognised .
the goodwill balance has been tested for annual impairment on the following basis : .
• the carrying values of goodwill have been assessed by reference to value in use .
these have been estimated using cash flows based on forecast information for the next financial year which have been approved by the board and then extended up to a further 9 years based on the most recent forecasts prepared by management ; • pre-tax discount rates range from 11-12 % -2018 : 10-15 % ; • short to medium-term growth rates vary between 3-8 % depending on detailed forecasts -2018 : 2-8 % .
the range in rates excludes the annualised impact of owning thermocoax for a first full year in 2020 .
the short to medium-term is defined as not more than 10 years ; and • long-term growth rates are set using imf forecasts and vary between 1 .
8-2 .
5 % -2018 : 0 .
8-3 .
0 % .

Question: What was consolidated as a result of the review on the basis of identification of the individual CGUs?
Answer: a number of our current individual CGUs into groups of CGUs that represent the lowest level to which goodwill is monitored for internal management purposes, being each operating segment as disclosed in Note 3
Year Ended May 31,
Year Ended May 31,
Year Ended May 31,
Year Ended May 31,
(in millions, except per share data)
2019
2018
2017
Net income
$11,083
$3,587
$9,452
Weighted average common shares outstanding
3,634
4,121
4,115
Dilutive effect of employee stock plans
98
117
102
Dilutive weighted average common shares outstanding
3,732
4,238
4,217
Basic earnings per share
$3.05
$0.87
$2.30
Diluted earnings per share
$2.97
$0.85
$2.24
Shares subject to anti-dilutive restricted stock-based awards and stock options excluded from calculation (1)
71
64
74
basic earnings per share is computed by dividing net income for the period by the weighted-average number of common shares outstanding during the period .
diluted earnings per share is computed by dividing net income for the period by the weighted-average number of common shares outstanding during the period plus the dilutive effect of outstanding restricted stock-based awards stock options and shares issuable under the employee stock purchase plan using the treasury stock method .
the following table sets forth the computation of basic and diluted earnings per share : .
-1 these weighted shares relate to anti-dilutive restricted stock-based awards and stock options as calculated using the treasury stock method and contingently issuable shares under pso and psu agreements .
such shares could be dilutive in the future .
see note 13 for information regarding the exercise prices of our outstanding unexercised stock options .

Question: By how much did net income change from 2018 to 2019?
Answer: 7496
Fiscal Year
Fiscal Year
Fiscal Year
($ in millions)
2018
2017
Net sales
$2,157.7
$1,797.6
Less: surcharge revenue
365.4
239.2
Net sales excluding surcharge revenue
$1,792.3
$1,558.4
Gross profit
$382.3
$300.8
Gross margin
17.7%
16.7%
Gross margin excluding surcharge revenue
21.3%
19.3%
gross profit .
gross profit in fiscal year 2018 increased to $ 382 .
3 million or 17 .
7 percent of net sales from $ 300 .
8 million or 16 .
7 percent of net sales for fiscal year 2017 .
excluding the impact of the surcharge revenue our gross margin in fiscal year 2018 was 21 .
3 percent compared to 19 .
3 percent in fiscal year 2017 .
the results reflect the impact of stronger demand and improved product mix coupled with operating cost improvements compared to fiscal year 2017 .
our surcharge mechanism is structured to recover increases in raw material costs although in certain cases with a lag effect as discussed above .
while the surcharge generally protects the absolute gross profit dollars it does have a dilutive effect on gross margin as a percent of sales .
the following represents a summary of the dilutive impact of the surcharge on gross margin .
we present and discuss these financial measures because management believes removing the impact of surcharge provides a more consistent and meaningful basis for comparing results of operations from period to period .
see the section “ non-gaap financial measures ” below for further discussion of these financial measures .

Question: In which year was the Gross margin excluding surcharge revenue larger?
Answer: 2018