hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
2011 2012 2013 2014 2015 2016 comparison of five-year cumulative total shareholder return altria group , inc . altria peer group s&p 500 part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . performance graph the graph below compares the cumulative total shareholder return of altria group , inc . 2019s common stock for the last ive years with the cumulative total return for the same period of the s&p 500 index and the altria group , inc . peer group ( 1 ) . the graph assumes the investment of $ 100 in common stock and each of the indices as of the market close on december 31 , 2011 and the reinvestment of all dividends on a quarterly basis . source : bloomberg - 201ctotal return analysis 201d calculated on a daily basis and assumes reinvestment of dividends as of the ex-dividend date . ( 1 ) in 2016 , the altria group , inc . peer group consisted of u.s.-headquartered consumer product companies that are competitors to altria group , inc . 2019s tobacco operating companies subsidiaries or that have been selected on the basis of revenue or market capitalization : campbell soup company , the coca-cola company , colgate-palmolive company , conagra brands , inc. , general mills , inc. , the hershey company , kellogg company , kimberly-clark corporation , the kraft heinz company , mondel 0113z international , inc. , pepsico , inc . and reynolds american inc . note - on october 1 , 2012 , kraft foods inc . ( kft ) spun off kraft foods group , inc . ( krft ) to its shareholders and then changed its name from kraft foods inc . to mondel 0113z international , inc . ( mdlz ) . on july 2 , 2015 , kraft foods group , inc . merged with and into a wholly owned subsidiary of h.j . heinz holding corporation , which was renamed the kraft heinz company ( khc ) . on june 12 , 2015 , reynolds american inc . ( rai ) acquired lorillard , inc . ( lo ) . on november 9 , 2016 , conagra foods , inc . ( cag ) spun off lamb weston holdings , inc . ( lw ) to its shareholders and then changed its name from conagra foods , inc . to conagra brands , inc . ( cag ) . .

Table:
date | altria group inc . | altria group inc . peer group | s&p 500
december 2011 | $ 100.00 | $ 100.00 | $ 100.00
december 2012 | $ 111.77 | $ 108.78 | $ 115.99
december 2013 | $ 143.69 | $ 135.61 | $ 153.55
december 2014 | $ 193.28 | $ 151.74 | $ 174.55
december 2015 | $ 237.92 | $ 177.04 | $ 176.94
december 2016 | $ 286.61 | $ 192.56 | $ 198.09
altria altria group , inc .
group , inc .
peer group s&p 500 .

Question: did altria outperform the s&p 500?
Answer: yes
Calculation: greater(286.61, 198.09)
Past due but not impaired
Customers with balances past due but without provision for impairment of receivables amount to US$9,319,000 as at 30 June 2019 (2018:
US$6,890,000).
The ageing of the past due but not impaired receivables are as follows:
Accounting policy for trade and other receivables Trade receivables are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, less any provision for impairment. Trade receivables generally have 30 to 90 day terms.
AASB 9 Financial Instruments This standard addresses the classification, measurement and derecognition of financial assets and financial liabilities, introduces new rules for hedge accounting and a new impairment model based on expected credit losses for the impairment of financial assets. The Group has applied the new standard on 1 July 2018 using a simplified approach for measuring expected credit losses relating to trade receivables using a lifetime expected loss allowance. To measure the expected credit losses, trade receivables are grouped based on region and ageing. Customers with heightened credit risk are provided for specifically based on historical default rates and forward looking information. Where there is no reasonable expectation of recovery, balances are written-off. The application of the standard did not result in any significant impact on the measurement of the allowance for doubtful debtors.
Collectability of trade receivables is reviewed on an ongoing basis. Debts which are known to be uncollectable are written off by reducing the carrying amount directly. A provision for impairment of trade receivables is raised when there is objective evidence that the Group will not be able to collect all amounts due according to the original terms of the receivables. Significant financial difficulties of the debtor, probability that the debtor will enter bankruptcy or financial reorganisation and default or delinquency in payments (more than 60 days overdue) are considered indicators that the trade receivable may be impaired. The amount of the impairment allowance is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the original effective interest rate. Cash flows relating to shortterm receivables are not discounted if the effect of discounting is immaterial.
Other receivables are recognised at amortised cost, less any provision for impairment.
Table:
 | Consolidated | 
 | 2019 | 2018
 | US$000 | US$000
0 to 1 month overdue | 5,139 | 2,935
1 to 2 months overdue | 1,424 | 1,275
Over 2 months overdue | 2,756 | 2,680
 | 9,319 | 6,890


Question: Which year had a greater Over 2 months overdue past due but not impaired receivables?
Answer: 2019
Calculation:  2,756 > 2,680
performance graph the following graph and table compares the cumulative five-year total return provided to shareholders on our class a common stock relative to the cumulative total returns of the s&p 500 index and our customized peer group . the peer group includes cboe holdings , inc. , intercontinentalexchange group , inc . and nasdaq , inc . an investment of $ 100 ( with reinvestment of all dividends ) is assumed to have been made in our class a common stock , in the peer group and the s&p 500 index on december 31 , 2012 , and its relative performance is tracked through december 31 , 2017 . comparison of 5 year cumulative total return* among cme group inc. , the s&p 500 index , and a peer group 12/12 12/13 12/14 12/15 12/16 cme group inc . s&p 500 peer group * $ 100 invested on 12/31/12 in stock or index , including reinvestment of dividends . fiscal year ending december 31 . copyright a9 2018 standard & poor 2019s , a division of s&p global . all rights reserved . the stock price performance included in this graph is not necessarily indicative of future stock price performance. .

Table:
 | 2013 | 2014 | 2015 | 2016 | 2017
cme group inc . | $ 164.01 | $ 194.06 | $ 208.95 | $ 279.85 | $ 370.32
s&p 500 | 132.39 | 150.51 | 152.59 | 170.84 | 208.14
peer group | 176.61 | 187.48 | 219.99 | 249.31 | 323.23
unregistered sales of equity securities during the past three years there have not been any unregistered sales by the company of equity securities. .

Question: what is the anualized return for cme group from 2012 to 2017?
Answer: 22%
Calculation: subtract(370.32, 100), divide(#0, 100), divide(const_1, const_5), exp(#1, #2), subtract(#3, const_1)
3.3 Fair value estimation The table below analyses the Group’s financial instruments carried at fair value as at 31 December 2019 by level of the inputs to valuation techniques used to measure fair value. Such inputs are categorised into three levels within a fair value hierarchy as follows:
Quoted prices (unadjusted) in active markets for identical assets or liabilities (level 1);
Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices) (level 2); and
Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs) (level 3).
The fair value of financial instruments traded in active markets is determined with reference to quoted market prices at the end of the reporting period. A market is regarded as active if quoted prices are readily and regularly available from an exchange, dealer, broker, industry group, pricing service, or regulatory agency, and those prices represent actual and regularly occurring market transactions on an arm’s length basis. These instruments are included in level 1.
The fair value of financial instruments that are not traded in an active market is determined by using valuation techniques. These valuation techniques maximise the use of observable market data where it is available and rely as little as possible on entity specific estimates. If all significant inputs required for evaluating the fair value of a financial instrument are observable, the instrument is included in level 2.
If one or more of the significant inputs are not based on observable market data, the instrument is included in level 3.
Specific valuation techniques used to value financial instruments mainly include: • Dealer quotes for similar instruments; • The fair value of interest rate swaps is calculated as the present value of the estimated future cash flows based on observable yield curves; and • Other techniques, such as discounted cash flow analysis, are used to determine fair value for financial instruments.
Table:
 | Level 1 | Level 2 | Level 3 | Total
 | RMB’Million | RMB’Million | RMB’Million | RMB’Million
As at 31 December 2019 |  |  |  | 
FVPL | 14,766 | 5,091 | 116,079 | 135,936
FVOCI | 74,707 | – | 7,014 | 81,721
OFA | – | 375 | – | 375
Other financial liabilities | – | 523 | 1,873 | 2,396
As at 31 December 2018 |  |  |  | 
FVPL | 10,875 | 5,009 | 81,993 | 97,877
FVOCI | 41,578 | – | 1,941 | 43,519
OFA | – | 2,032 | – | 2,032
Other financial liabilities | – | 40 | 4,466 | 4,506


Question: How much is the level 1 FVPL as at 31 December 2019?
Answer: 14,766
Equity in net earnings of affiliates:
The decrease in the share of net earnings in Golar Partners is as a result of a decrease in the underlying performance of Golar Partners in 2018. As a result, during the year ended December 31, 2018, we recognized an impairment charge of $149.4 million. The year ended December 31, 2017 included a deemed loss on disposal of $17.0 million as a result of a dilution in our holding in Golar Partners due to further issuances of common units by Golar Partners in February 2017. As of December 31, 2018, we held a 32.0% (2017: 31.8%) ownership interest in Golar Partners (including our 2% general partner interest) and 100% of IDRs.
The share of net earnings in other affiliates represents our share of equity in Egyptian Company for Gas Services S.A.E ("ECGS") and Avenir LNG Limited ("Avenir"). During the year ended December 31, 2018 we recognized negative goodwill of $3.8 million in equity in net earnings of affiliates to reflect our bargain purchase of Avenir. Refer to note 14 "Investment in Affiliates" of our consolidated financial statements included herein for further details.
Table:
 |  | December 31, |  | 
(in thousands of $) | 2018 | 2017 | Change | % Change
Share of net earnings in Golar Partners | 7,001 | 17,702 | (10,701) | (60)%
Impairment of investment in Golar Partners | (149,389) | — | (149,389) | 100%
Net loss on deemed disposal of investments in Golar Partners | — | (16,992) | 16,992 | 100%
Share of net earnings in other affiliates | 3,711 | 793 | 2,918 | 368%
 | (138,677) | 1,503 | (140,180) | (9,327)%


Question: In which year was the share of net earnings in Golar Partners higher?
Answer: 2017
Calculation: 17,702 > 7,001
Contractual Obligations
The following table sets forth our future payments due under contractual obligations as of December 31, 2019 (in thousands):
(1) Our debt obligations consist of principal and interest repayments due on our Credit Facility based on current interest rates.
(2) Amounts represent the minimum contractual cash commitments, including the effects of fixed rental escalation clauses and deferred rent, exclusive of certain contingent rents that are not determinable for future periods.
(3) Our purchase obligations consist of purchase commitments with various manufacturing suppliers to ensure the availability of components.
(4) Income tax obligations are a result of the Tax Act and include a transition tax on unremitted foreign earnings and profits, of which we have elected to pay the estimated amount over an eight-year period.
(5) Our pension funding commitments represent the amounts that we are required to pay to fund our pension plans.
Table:
 | Total | 1 year | Less than 1-3 years | 3-5 years | More than 5 years
Debt obligations(1) | $341,250 | $17,500 | 35,000 | 288,750 | —
Interest payments associated with debt obligations(1) | 36,555 | 8,532 | 15,726 | 12,297 | —
Operating lease obligations(2) | 152,778 | 22,727 | 33,275 | 20,387 | 76,389
Purchase obligations(3) | 192,981 | 192,803 | 178 | — | —
Income tax obligations(4) | 11,724 | 1,117 | 2,234 | 4,884 | 3,489
Pension funding commitment(5) | 173,830 | 6,113 | 12,712 | 20,203 | 134,802
Total | $909,118 | $ 248,792 | $ 99,125 | $ 346,521 | $ 214,680


Question: What does the company's debt obligations consist of?
Answer: principal and interest repayments due on our Credit Facility based on current interest rates.
Goodwill Impairment and Restructuring Charges
A goodwill impairment charge of $9.2 million was recorded in 2018 and a $8.4 million goodwill impairment charge was recorded in 2017, both of which related to our Brazilian operations (see Note 7 of the notes to our consolidated financial statements). There were no restructuring charges incurred in the year ended December 31, 2018, compared to $0.8 million incurred in the year ended December 31, 2017. We incurred restructuring charges in the third quarter of 2017 associated with the closure of our Overland Park office, including termination benefits and other reorganization costs, primarily associated with integrating operations.
Table:
 | For the Year Ended December 31, |  | Change Amount
 | 2018 | 2017 | 
 | (dollars in thousands) |  | 
Goodwill impairment and restructuring charges: |  |  | 
Restructuring charges | $ - | $752 | $(752)
Goodwill impairment | 9,174 | 8,418 | 756
Total goodwill impairment and restructuring charges | $9,174 | $9,170 | $4


Question: What is the percentage change in goodwill impairment between 2017 and 2018?
Answer: 8.98
Calculation: ((9,174 - 8,418)/8,418 ) * 100
Note 13. Investments Held in Rabbi Trust
The mutual funds held in the rabbi trust were 66% equity-based and 34% debt-based as of December 31, 2019. Net investment income (losses), included in “Other income (expense), net” in the accompanying Consolidated Statements of Operations consisted of the following (in thousands):
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Net realized gains (losses) from sales of trading securities | $143 | $10 | $195
Dividend and interest income | 419 | 635 | 422
Net unrealized holding gains (losses) | 1,817 | (1,512) | 1,002
 | $2,379 | $(867) | $1,619


Question: In which years was Dividend and interest income calculated?
Answer: 2019, 2018, 2017
3. MARKETABLE SECURITIES
As of December 31, 2019, the Company did not hold any marketable securities.
Table:
 |  | December 31, 2018 |  | 
(in thousands) | Amortized Cost | Unrealized Gains | Unrealized Losses | Fair Value
Municipal bonds | $44,802 | $13 | $(110) | $44,705
Corporate bonds | 48,499 | 23 | (226) | 48,296
 | $93,301 | $36 | $(336) | $93,001


Question: What is the net value of the unrealized gains and losses of the company's municipal bonds?
Answer: -97
Calculation: 13 + (110)
Non-GAAP Results
Management uses non-GAAP operating income and non-GAAP EPS to evaluate business performance without the impacts of certain non-cash charges and other charges which are not part of our usual operations. We use these non- GAAP measures to assess performance against business objectives, make business decisions, including developing budgets and forecasting future periods. In addition, management’s incentive plans include these non-GAAP measures as criteria for achievements. These non-GAAP measures are not in accordance with U.S. GAAP and may differ from non- GAAP methods of accounting and reporting used by other companies. However, we believe these non-GAAP measures provide additional information that enables readers to evaluate our business from the perspective of management. The presentation of this additional information should not be considered a substitute for results prepared in accordance with U.S. GAAP.
The non-GAAP results presented below exclude the impact of non-cash related charges, such as stock-based compensation and amortization of intangible assets. In addition, they exclude discontinued operations and other nonrecurring items such as acquisition-related costs and restructuring expenses, as they are not indicative of future performance. The tax effect of our non-GAAP adjustments represents the anticipated annual tax rate applied to each non-GAAP adjustment after consideration of their respective book and tax treatments and effect of adoption of the Tax Act.
Table:
Reconciliation of Non-GAAP measure - operating expenses and operating income from continuing operations, excluding certain items (in thousands) | Years Ended December 31, | 
 | 2019 | 2018
Gross profit from continuing operations, as reported | $ 315,652 | $365,607
Adjustments to gross profit: |  | 
Stock-based compensation | 525 | 742
Facility expansion and relocation costs | 3,891 | 1,328
Acquisition-related costs | 8,290 | 569
Non-GAAP gross profit | 328,358 | 368,246
Non-GAAP gross margin | 41.6% | 51.2%
Operating expenses from continuing operations, as reported | 261,264 | 194,054
Adjustments: |  | 
Amortization of intangible assets | (12,168) | (5,774)
Stock-based compensation | (6,803) | (8,961)
Acquisition-related costs | (12,002) | (1,726)
Facility expansion and relocation costs | (948) | (518)
Restructuring charges | (5,038) | (4,239)
Non-GAAP operating expenses | 224,305 | 172,836
Non-GAAP operating income | $  104,053 | $  195,410


Question: What does the non-GAAP results exclude?
Answer: the impact of non-cash related charges, such as stock-based compensation and amortization of intangible assets.
(7) Property and Equipment
Property and equipment consist of the following (in millions):
On December 31, 2019, we entered into finance lease agreements for certain computer equipment. The leased equipment was valued at $13.7 million, net of prepaid maintenance and $0.3 million of imputed interest, and is included in Property and equipment, net on the Consolidated Balance Sheets. Refer to Note 12 — Long-Term Debt for additional information related to our finance leases.
Table:
 | December 31, | 
 | 2019 | 2018
Land | $11.9 | $11.9
Buildings and improvements | 81.2 | 71.1
Leasehold improvements | 7.1 | 6.7
Computer equipment | 234.1 | 208.9
Furniture, fixtures and other equipment | 11.2 | 11.0
Property and equipment | 345.5 | 309.6
Accumulated depreciation and amortization | (168.6) | (132.5)
Property and equipment, net | $176.9 | $177.1


Question: What was the amount of Land in 2018?
Answer: 11.9
Amortization of Purchased Intangible Assets
The following table presents the amortization of purchased intangible assets (in millions):
The decrease in amortization of purchased intangible assets was due largely to the purchased intangible assets related to the divestiture of SPVSS business on October 28, 2018, partially offset by amortization from our recent acquisitions.
Table:
Years Ended | July 27, 2019 | July 28, 2018 | July 29, 2017
Amortization of purchased intangible assets: |  |  | 
Cost of sales | $624 | $640 | $556
Operating expenses |  |  | 
Amortization of purchased intangible assets | 150 | 221 | 259
Restructuring and other charges | — | — | 38
Total | $774 | $861 | $853


Question: What was the change in cost of sales between 2017 and 2018?
Answer: 84
Calculation: 640-556
For the fourth quarter of 2019, we reported a net income of $392 million, compared to a net income of $302 million and $418 million in the prior and year-ago quarters, respectively. The fourth quarter 2019 net income represented diluted earnings per share of $0.43 compared to $0.34 in the prior quarter and $0.46 in the prior-year quarter.
Net income attributable to parent company
Table:
 |  | Three Months Ended | 
 | December 31, 2019 | September 29, 2019 | December 31, 2018
 |  | (Unaudited, in millions) | 
Net income attributable to parent company | $392 | $302 | $418
As percentage of net revenues | 14.2% | 11.8% | 15.8%


Question: What is the average Net income attributable to parent company for the period December 31, 2019 and 2018?
Answer: 405
Calculation: (392+418) / 2
Item 6: Selected Financial Data
The following selected consolidated financial data is derived from our consolidated financial statements. This data should be read in conjunction with our consolidated financial statements and the related notes, and Item 7: Management's Discussion and Analysis of Financial Condition and Results of Operations contained elsewhere in this Annual Report on Form 10-K.
(1) Fiscal 2018 net income includes an income tax benefit of $75.8 million from a valuation allowance release against certain U.S. deferred tax assets. See Note 13 of Notes to Consolidated Financial Statements. (2) Fiscal 2019, 2018, 2017, 2016, and 2015 net income (loss) includes restructuring charges, net, of $0.5 million, $0.2 million, $0.8 million, $7.3 million and $0.6 million, respectively.
(3) Fiscal 2016 net loss includes impairment charges of $12.4 million. (4) Fiscal 2015 net loss includes the following: i) a $1.5 million gain from a business interruption insurance claim relating to a factory fire at a customer's facility; and ii) a $1.0 million net gain from the sale of intellectual property.
(5) Fiscal 2016 includes the following as a result of the Cascade Microtech acquisition: i) $82.6 million in revenue; ii) $27.8 million of intangible amortization expense; and iii) a $7.6 million charge for inventory-related step-up amortization.
Table:
 | Fiscal 2019 (2) | Fiscal 2018(1)(2) | Fiscal 2017(2) | Fiscal 2016 (2)(3)(5) | Fiscal 2015(2)(4)
 |  |  | (Dollars in thousands, except per share data) |  | 
Consolidated Statements of Operations Data: |  |  |  |  | 
Revenues | $589,464 | $529,675 | $548,441 | $383,881 | $282,358
Gross profit | 237,496 | 210,339 | 215,597 | 102,682 | 85,738
Net income (loss) | 39,346 | 104,036 | 40,913 | (6,557) | (1,523)
Basic net income (loss) per share | 0.52 | 1.42 | 0.57 | (0.10) | (0.03)
Diluted net income (loss) per share | 0.51 | 1.38 | 0.55 | (0.10) | (0.03)
Consolidated Balance Sheets Data: |  |  |  |  | 
Cash, cash equivalents and marketable securities | $220,872 | $149,003 | $140,172 | $108,905 | $187,589
Working capital | 282,483 | 235,302 | 213,693 | 172,002 | 214,437
Total assets | 839,882 | 728,222 | 646,574 | 618,982 | 342,723
Term loan, net of current portion | 15,639 | 34,971 | 87,228 | 125,475 | —
Total stockholders' equity | 640,997 | 580,164 | 458,637 | 401,056 | 294,681
Number of employees | 1,836 | 1,676 | 1,685 | 1,571 | 958


Question: What is the Gross Profit in 2019, 2018 and 2017 respectively?
Answer: 237,496, 210,339, 215,597