hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
19. INCOME TAXES
Deferred income taxes reflect the net effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and amounts used for income tax purposes. The components of our deferred tax assets and liabilities are as follows (in thousands):
As of September 27, 2019, we had $923.4 million of gross federal net operating loss ("NOL") carryforwards consisting of $479.2 million relating to the AppliedMicro Acquisition, $158.9 million relating to our acquisition of Mindspeed Technologies, Inc. in 2013, $26.2 million relating to our acquisition of BinOptics Corporation in 2014 and $259.1 million relating to losses generated by MACOM.
The federal NOL carryforwards will expire at various dates through 2037 for losses generated prior to the tax period ended September 28, 2018. For losses generated during the tax period ended September 28, 2018 and future years, the NOL carryforward period is infinite. The reported net operating loss carryforward includes any limitation under Sections 382 and 383 of the Internal Revenue Code of 1986, as amended, which applies to an ownership change as defined under Section 382.
Table:
 | September 27, 2019 | September 28, 2018
Deferred tax assets (liabilities):    |  | 
Federal and foreign net operating losses and credits | $263,199 | $321,982
  Intangible assets | 9,887 | (94,929)
  Property and equipment | (1,473) | (6,293)
Other non-current deferred tax assets | 16,933 | 13,850
Deferred compensation | — | 3,810
Deferred gain | — | 6,575
Interest | 7,170 | —
  Valuation allowance | (252,536) | (243,112)
Total deferred tax asset | $43,180 | $1,883


Question: What was the change in the Other non-current deferred tax assets from 2018 to 2019?
Answer: 3083
Calculation: 16,933 - 13,850
Other non-current assets (in millions):
During fiscal 2019, we formed a joint venture with Lenovo (Beijing) Information Technology Ltd. (“Lenovo”) in China and, in February 2019, contributed assets to the newly formed entity, Lenovo NetApp Technology Limited (“LNTL”), in exchange for a non-controlling 49% equity interest. The group of assets we contributed and derecognized met the definition of a business and included cash, fixed assets, customer relationships and an allocation of goodwill, with an aggregate book value of $7 million. The fair value of our equity interest in LNTL was determined using discounted cash flow techniques to be $80 million, resulting in a non-cash gain of $73 million. We accounted for our ownership interest as an equity method investment and have presented it in Other non-current assets on our consolidated balance sheet as of April 26, 2019. LNTL will be integral to our sales channels strategy in China, acting as a distributor of our offerings to customers headquartered there, and involved in certain OEM sales to Lenovo. It will also endeavor to localize our products and services, and to develop new joint offerings for the China market by leveraging NetApp and Lenovo technologies.
Table:
 | April 26, 2019 | April 26, 2018
Deferred tax assets | $201 | $229
Other assets | 389 | 221
Other non-current assets | $ 590 | $ 450


Question: What was the change in deferred tax assets between 2018 and 2019?
Answer: -28
Calculation: 201-229
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
2018 Transactions
During the year ended December 31, 2019, the allocation of the final purchase price for the acquisition of Idea Cellular Infrastructure Services Limited was finalized with no material post-closing adjustments. During the year ended December 31, 2019, there were no material post-closing adjustments that impacted other 2018 acquisitions.
Pro Forma Consolidated Results (Unaudited)
The following table presents the unaudited pro forma financial results as if the 2019 acquisitions had occurred on January 1, 2018 and the 2018 acquisitions had occurred on January 1, 2017. The pro forma results do not include any anticipated cost synergies, costs or other integration impacts. Accordingly, such pro forma amounts are not necessarily indicative of the results that actually would have occurred had the transactions been completed on the dates indicated, nor are they indicative of the future operating results of the Company.
Table:
 | Year Ended December 31, | 
 | 2019 | 2018
Pro forma revenues | $7,904.2 | $7,936.0
Pro forma net income attributable to American Tower Corporation common stockholders | $1,844.9 | $1,122.6
Pro forma net income per common share amounts: |  | 
Basic net income attributable to American Tower Corporation common stockholders | $4.17 | $2.55
Diluted net income attributable to American Tower Corporation common stockholders | $4.14 | $2.53


Question: What was the change in Pro forma net income attributable to American Tower Corporation common stockholders between 2018 and 2019?
Answer: 722.3
Calculation: $1,844.9-$1,122.6
17. SEGMENT AND GEOGRAPHIC INFORMATION (Continued)
Sales to unaffiliated customers are as follows (in thousands):
Table:
 |  | Fiscal | 
SALES | 2019 | 2018 | 2017
United States | $339,585 | $309,495 | $297,699
Foreign countries: |  |  | 
South Korea | 313,461 | 652,313 | 628,369
China | 194,653 | 235,568 | 162,316
Japan | 138,028 | 180,223 | 154,985
Asia-Pacific, other | 93,389 | 124,733 | 107,713
Germany | 145,285 | 166,926 | 145,835
Europe, other | 148,680 | 171,936 | 162,162
Rest of World | 57,559 | 61,379 | 64,232
Total foreign countries sales | 1,091,055 | 1,593,078 | 1,425,612
Total sales | $1,430,640 | $1,902,573 | $1,723,311


Question: What was the  Total foreign countries sales in 2018?
Answer: 1,593,078
6. Inventories
Inventories consisted of the following components at June 30, 2019 and 2018:
If the FIFO method of inventory had been used instead of the LIFO method, inventories would have been $178.4 million and $210.3 million higher as of June 30, 2019 and 2018, respectively. Current cost of LIFO-valued inventories was $793.0 million at June 30, 2019 and $760.8 million at June 30, 2018. The reductions in LIFO-valued inventories decreased cost of sales by $0.0 million during fiscal year 2019 and $0.6 million during fiscal year 2018 and $0.0 million during fiscal year 2017.
Table:
 | June 30, | 
($ in millions) | 2019 | 2018
Raw materials and supplies | $169.8 | $157.5
Work in process | 425.7 | 372.5
Finished and purchased products | 192.2 | 159.2
Total inventory | $787.7 | $689.2


Question: In which years was inventories calculated?
Answer: 2019, 2018
stockholder return performance graph the following graph compares the cumulative 5-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index . the graph assumes that the value of the investment in our common stock on january 2 , 2010 and in each index on december 31 , 2009 ( including reinvestment of dividends ) was $ 100 and tracks it each year thereafter on the last day of cadence 2019s fiscal year through january 3 , 2015 and , for each index , on the last day of the calendar comparison of 5 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc . nasdaq composite s&p 400 information technology 12/28/13 1/3/151/1/11 12/31/11 12/29/121/2/10 *$ 100 invested on 1/2/10 in stock or 12/31/09 in index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2014 s&p , a division of the mcgraw-hill companies inc . all rights reserved. .

Table:
 | 1/2/2010 | 1/1/2011 | 12/31/2011 | 12/29/2012 | 12/28/2013 | 1/3/2015
cadence design systems inc . | 100.00 | 137.90 | 173.62 | 224.37 | 232.55 | 314.36
nasdaq composite | 100.00 | 117.61 | 118.70 | 139.00 | 196.83 | 223.74
s&p 400 information technology | 100.00 | 128.72 | 115.22 | 135.29 | 173.25 | 187.84
the stock price performance included in this graph is not necessarily indicative of future stock price performance. .

Question: what was the difference in percentage cumulative 5-year total stockholder return for cadence design systems inc . and the nasdaq copmosite for the period ended 1/3/2015?
Answer: 90.62%
Calculation: subtract(314.36, const_100), divide(#0, const_100), subtract(223.74, const_100), divide(#2, const_100), subtract(#1, #3)
The following table presents a reconciliation of revenue to constant currency revenue (in thousands, except for revenue growth):
Total revenue growth declined to 7% in 2019 from 12% in 2018. Our growth rate can depend on a variety of factors, such as new customers, the size, volume, and complexity of our agreements with our customers, foreign currency movements, our ability to work with our customers to implement and deliver our products, our ability to upsell and renew our existing customers, the success of our alliance and partnership arrangements, and the expansion of our business through emerging markets. The decline in the growth rate of total revenue was driven by our strategic plan to transition away from one-time professional services and recommit our efforts to grow recurring revenue and free cash flows.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Revenue | $576,523 | $537,891 | $481,985
Foreign exchange effect on current period revenue using prior year rates | 7,077 | (5,291) | 5,865
Constant currency revenue | $583,600 | $532,600 | $487,850
Revenue growth | 7.2% | 11.6% | 13.9%
Constant currency revenue growth | 8.5% | 10.5% | 15.3%


Question: What was the change in Constant currency revenue between 2018 and 2019?
Answer: 51000
Calculation: ($583,600-$532,600)
Amortization of Intangibles and Acquisition-Related Costs
Amortization of intangibles included in operating expense and acquisition-related costs during fiscal years 2019 , 2018 and 2017 were as follows (in thousands):
Amortization of intangible assets consists of amortization of acquired intangible assets, including customer relationships and trademarks and trade names. Acquisition-related costs include legal expense, due diligence costs, and other professional costs incurred for business acquisitions.
The increase in amortization of intangible assets from fiscal year 2018 to 2019 was primarily due to the Blue Microphones Acquisition and the ASTRO Acquisition. The increase in amortization of intangible assets from fiscal year 2018 to 2017 was primarily driven by the ASTRO Acquisition.
Table:
 |  | Years Ended March 31, | 
 | 2019 | 2018 | 2017
Amortization of intangible assets | $12,594 | $7,518 | $4,352
Acquisition-related costs | 1,696 | 1,412 | 1,462
Total | $14,290 | $8,930 | $5,814


Question: What proportion of the total cost does the acquisition related cost form part of in 2019?
Answer: 11.87
Calculation: ($1,696 / $14,290) * 100
Customers and Markets
Our primary customers, in terms of our sales revenues, include premier integrated device manufacturers, such as Texas Instruments and Intel Mobile, plus leading fabless design companies, such as Broadcom, MediaTek, Realtek, Qualcomm and Novatek. Although we are not dependent on any single customer, a significant portion of our operating revenues has been generated from sales to a few customers. Our top ten customers accounted for approximately 51.3% of our operating revenues in 2019. Set forth below is a geographic breakdown of our operating revenues in 2017, 2018 and 2019 by the location of our customers.
Table:
 |  | Years Ended December 31, | 
Region | 2017 | 2018 | 2019
 | % | % | %
Taiwan | 32.8 | 36.4 | 36.4
Singapore | 20.6 | 16.4 | 16.2
China (including Hong Kong) | 12.7 | 12.2 | 12.9
Japan | 3.2 | 3.9 | 6.6
USA | 12.2 | 15.6 | 13.5
Europe | 9.6 | 8.3 | 4.7
Others | 8.9 | 7.2 | 9.7
Total | 100.0 | 100.0 | 100.0


Question: What is the increase / (decrease) in the customers from USA from 2018 to 2019?
Answer: -2.1
Calculation: (13.5% - 15.6% ) * 100
Medical Segment Results
Below is a table summarizing results for the fiscal years ended:
Net Sales. The Medical segment had minimal net sales in both periods from newly launched products.
Gross Profit. Medical segment gross profit was a loss of $3.5 million in fiscal 2018 compared to a loss of $3.1 million in fiscal 2017. The increased loss primarily relates to the vertical manufacturing integration of some key components and research efforts to expand the product offerings.
Loss from Operations. Medical segment loss from operations increased $2.9 million to $11.4 million in fiscal 2018 compared to $8.5 million in fiscal 2017. The increased loss relates to higher outside professional fees, research and development and marketing expenses in fiscal 2018. Financial Condition, Liquidity and Capital Resources
Table:
(Dollars in Millions) | April 28, 2018 | April 29, 2017 | Net Change ($) | Net Change (%)
Net Sales | $ 0.3 | $ 0.2 | $ 0.1 | 50.0 %
Gross Profit | $ (3.5) | $ (3.1) | $ (0.4) | (12.9)%
Loss from Operations | $ (11.4) | $ (8.5) | $ (2.9) | (34.1)%


Question: How much was the Medical segment gross profit in fiscal 2018 and 2017 respectively?
Answer: $ (3.5), $ (3.1)
Management Discussion and Analysis
Associates
"nm" denotes not meaningful.
Notes: (1) Based on Singapore Financial Reporting Standards (International).
(2) Assuming constant exchange rates for the regional currencies (Indian Rupee, Indonesian Rupiah, Philippine Peso and Thai Baht) from FY 2018.
(3) Share of results excluded the Group’s share of the associates’ significant one-off items which have been classified as exceptional items of the Group.
(4) Singtel holds an equity interest of 21.0% in Intouch which has an equity interest of 40.5% in AIS.
(5) Bharti Telecom Limited (BTL) holds an equity interest of 50.1% in Airtel as at 31 March 2019. In BTL’s standalone books, its loss comprised mainly interest charges on its borrowings.
(5) Bharti Telecom Limited (BTL) holds an equity interest of 50.1% in Airtel as at 31 March 2019. In BTL’s standalone books, its loss comprised mainly interest charges on its borrowings.
(6) Singtel ceased to own units in NetLink Trust following the sale to NetLink NBN Trust in July 2017 but continues to have an interest of 24.8% in NetLink NBN Trust, the holding company of NetLink Trust. The share of results included Singtel’s amortisation of deferred gain of S$20 million (FY 2018: S$32 million) on assets previously transferred to NetLink Trust, but excluded the fair value adjustments recorded by NetLink NBN Trust in respect of its acquisition of units in NetLink Trust.
(7) Include the share of results of Singapore Post Limited.
Table:
 | Financial Year ended 31 March |  |  | 
 | 2019 | 2018 | Change | Change in constant currency (2)
 | (S$ million) | (S$ million) | (%) | (%)
Group share of associates' pre-tax proﬁts (3) | 1,536 | 2,461 | -37.6 | -36.2
Share of post-tax proﬁts |  |  |  | 
Telkomsel | 843 | 1,031 | -18.3 | -12.4
AIS | 286 | 292 | -1.7 | -3.9
Globe (3) |  |  |  | 
- ordinary results | 251 | 180 | 39.3 | 45.3
- exceptional items | - | 22 | nm | nm
 | 251 | 202 | 23.9 | 29.1
Intouch (3) (4) |  |  |  | 
- operating results | 101 | 106 | -4.4 | -6.5
- amortisation of acquired intangibles | (22) | (21) | 8.3 | 5.9
 | 79 | 86 | -7.5 | -9.5
Airtel (3) | (131) | 101 | nm | nm
BTL (5) | (40) | (18) | 127.8 | 140.9
 | (171) | 83 | nm | nm
Regional associates (3) | 1,287 | 1,694 | -24.0 | -21.5
NetLink NBN Trust/ NetLink Trust (6) | 48 | 72 | -32.9 | -32.9
Other associates (3) (7) | 47 | 57 | -17.6 | -17.6
Group share of associates’ post-tax proﬁts (3) | 1,383 | 1,823 | -24.1 | -21.8


Question: Which associate's results was disclosed to be part of the line item "Other associates"?
Answer: Singapore Post Limited
History and Development of the Company
Our legal and commercial name is United Microelectronics Corporation, commonly known as “UMC”. We were incorporated under the R.O.C. Company Law as a company limited by shares in May 1980 and our common shares were listed on the Taiwan Stock Exchange in 1985. Our principal executive office is located at No. 3 Li-Hsin Road II, Hsinchu Science Park, Hsinchu, Taiwan, Republic of China, and our telephone number is 886-3-578-2258.
Our Internet website address is www.umc.com. The information on our website does not form part of this annual report. Our ADSs have been listed on the NYSE under the symbol “UMC” since September 19, 2000. In 2019, we were ranked among the top 5% of companies for a fifth consecutive year in the Corporate Governance Evaluation conducted by the Taiwan Stock Exchange and Taipei Exchange. The assessment was conducted across over 1,400 public companies in Taiwan.
We are one of the world’s largest independent semiconductor foundries and a leader in semiconductor manufacturing process technologies. Our primary business is the manufacture, or “fabrication”, of semiconductors, sometimes called “chips” or “integrated circuits”, for others. Using our own proprietary processes and techniques, we make chips to the design specifications of our many customers. Our company maintains a diversified customer base across industries, including communication devices, consumer electronics, computer, and others, while continuing to focus on manufacturing for high growth, large volume applications, including networking, telecommunications, internet, multimedia, PCs and graphics.
We sell and market mainly wafers which in turn are used in a number of different applications by our customers. The following table presented the percentages of our wafer sales by application for the years ended December 31, 2017, 2018 and 2019.
Table:
 |  | Years Ended December 31, | 
Application | 2017 | 2018 | 2019
 | % | % | %
Communication | 48.6 | 45.2 | 52.2
Consumer | 29.4 | 28.6 | 26.4
Computer | 13.1 | 16.3 | 13.6
Others | 8.9 | 9.9 | 7.8
Total | 100.0 | 100.0 | 100.0


Question: What is the increase / (decrease) in the Others from 2017 to 2018?
Answer: 1
Calculation: (9.9% - 8.9%) * 100
Film and Electrolytic
The table below sets forth net sales, operating income (loss) and operating income (loss) as a percentage of net sales for our Film and Electrolytic reportable segment for the fiscal years 2018 and 2017 (amounts in thousands, except percentages):
(1) Fiscal years ending March 31, 2018 and 2017 adjusted due to the adoption of ASC 606
Net Sales
Film and Electrolytic net sales of $202.0 million in fiscal year 2018 increased $19.7 million or 10.8% from $182.2 million in fiscal year 2017. The increase in net sales was primarily driven by an increase in net sales in the distributor channel across all the APAC and EMEA regions of $13.7 million, a $3.3 million increase in net sales in the OEM channel of the EMEA region and a $4.2 million increase in the EMS channel across the Americas, EMEA, and APAC regions. These increases were partially offset by a decrease in net sales of $1.2 million in the OEM channel across the Americas, APAC, and JPKO regions. In addition, there was a favorable impact of $7.6 million from foreign currency exchange primarily due to the change in the value of the Euro compared to the U.S. dollar.
Reportable Segment Operating Income (Loss)
Segment operating income of $3.6 million in fiscal year 2018 improved $12.7 million from $9.0 million of operating loss in fiscal year 2017. The improvement was primarily attributable to a $4.3 million increase in gross margin driven by higher net sales, as well as the benefit of completed restructuring activities. The increase was also attributed to an $11.7 million improvement in (gain) loss on the write down and disposal of long-lived assets. These improvements were partially offset by a $2.1 million increase in restructuring charges, a $0.7 million increase in SG&A expenses, and a $0.6 million increase in R&D expenses.
Table:
 | For the Fiscal Years Ended |  |  | 
 | March 31, 2018 |  | March 31, 2017 | 
 | Amount | % to Net Sales | Amount | % to Net Sales
Net sales (1) | $201,977 |  | $182,228 | 
Segment operating income (loss) (1) | 3,622 | 1.8% | (9,028) | (5.0)%


Question: How much did net sales change between 2017 and 2018?
Answer: 19.7
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 are the goodwill impairment charges recorded respectively in 2017 and 2018?
Answer: $9.2 million, $8.4 million
Contract Balances
Timing of revenue recognition may differ from the timing of invoicing to customers. We record a receivable when revenue is recognized prior to invoicing, or unearned revenue when revenue is recognized subsequent to invoicing. For multi-year agreements, we generally invoice customers annually at the beginning of each annual coverage period. We record a receivable related to revenue recognized for multi-year on-premises licenses as we have an unconditional right to invoice and receive payment in the future related to those licenses.
As of June 30, 2019 and 2018, long-term accounts receivable, net of allowance for doubtful accounts, was $2.2 billion and $1.8 billion, respectively, and is included in other long-term assets in our consolidated balance sheets.
The allowance for doubtful accounts reflects our best estimate of probable losses inherent in the accounts receivable balance. We determine the allowance based on known troubled accounts, historical experience, and other currently available evidence.
Activity in the allowance for doubtful accounts was as follows:
Table:
(In millions) |  |  | 
Year Ended June 30, | 2019 | 2018 | 2017
Balance, beginning of period | $   397 | $  361 | $  409
Charged to costs and other | 153 | 134 | 58
Write-offs | (116) | (98) | (106)
Balance, end of period | $ 434 | $  397 | $  361


Question: How much was the long-term accounts receivable, net of allowance for doubtful accounts, as of June 30, 2018?
Answer: As of June 30, 2019 and 2018, long-term accounts receivable, net of allowance for doubtful accounts, was $2.2 billion and $1.8 billion, respectively
Stock-Settled Stock Appreciation Rights
Stock-Settled Appreciation Rights (“SSARs”) are rights granted to an employee to receive value equal to the difference in the price of our common shares on the date of the grant and on the date of exercise. This value is settled only in common shares of Agilysys.
We use a Black-Scholes-Merton option pricing model to estimate the fair value of SSARs. The following table summarizes the principal assumptions utilized in valuing SSARs granted in fiscal 2019, 2018 and 2017:
The risk-free interest rate is based on the yield of a zero coupon U.S. Treasury bond whose maturity period approximates the expected life of the SSARs. The expected life is estimated using historical data representing the period of time the awards are expected to be outstanding. The estimated fair value of the SSARs granted is recognized over the vesting period of the awards utilizing the graded vesting method. Under this method, the compensation cost related to unvested amounts begins to be recognized as of the grant date.
Table:
 | 2019 | 2018 | 2017
Risk-free interest rate | 2.68% | 1.74%-1.94% | 0.94%-2.14%
Expected life (in years) | 5 | 5 | 5
Expected volatility | 32.42% | 32.42% - 32.84% | 35.25%-40.22%
Weighted average grant date fair value | $4.72 | $3.36 | $3.69


Question: What was the percentage increase / (decrease) in Weighted average grant date fair value from 2018 to 2019?
Answer: 40.48
Calculation: (4.72 / 3.36 - 1) * 100