hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Trade Accounts Receivable
The Company’s trade accounts receivable, net, consisted of the following (in thousands):
(1) Included in “Receivables, net” in the accompanying Consolidated Balance Sheets.
(2) Included in “Deferred charges and other assets” in the accompanying Consolidated Balance Sheets.
The Company’s noncurrent trade accounts receivable result from (1) contracts with customers that include renewal provisions, and (2) contracts with customers under multi-year arrangements. For contracts that include renewal provisions, revenue is recognized up-front upon satisfaction of the associated performance obligations, but payments are received upon renewal. Renewals occur in bi-annual and annual increments over the associated expected contract term, the majority of which range from two to five years. The Company’s contracts with customers under multi-year arrangements generally have three-year terms and are invoiced annually at the beginning of each annual coverage period. The Company records a receivable related to revenue recognized under multi-year arrangements as the Company has an unconditional right to invoice and receive payment in the future related to these arrangements.
Where the timing of revenue recognition differs from the timing of invoicing and payment, the Company has determined that its contracts do not include a significant financing component. A substantial amount of the consideration promised by the customer under the contracts that include renewal provisions is variable, and the amount and timing of that consideration varies based on the occurrence or nonoccurrence of future events that are not substantially within the Company’s control. With respect to multi-year year arrangements, there is minimal difference between the consideration received and the cash selling price, any offered discounts are driven by volume, and the contracts are of short duration resulting in insignificant interest. Thus, the primary purpose of the invoicing terms on the multi-year arrangements is to provide the customer with a simplified and predictable way of purchasing certain products, not to provide financing or to receive financing from the Company’s customer.
Table:
 | December 31, | 
 | 2019 | 2018
Trade accounts receivable, net, current (1) | $375,136 | $335,377
Trade accounts receivable, net, noncurrent (2) | 26,496 | 15,948
 | $401,632 | $351,325


Question: Where is Trade accounts receivable, net, noncurrent included in?
Answer: in “Deferred charges and other assets” in the accompanying Consolidated Balance Sheets.
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
The Company’s common stock is traded on the NASDAQ Stock Market LLC (“NASDAQ”) under the symbol NTAP.
Price Range of Common Stock
The price range per share of common stock presented below represents the highest and lowest intraday sales prices for the Company’s common stock on the NASDAQ during each quarter of our two most recent fiscal years.
Holders
As of June 7, 2019 there were 413 holders of record of our common stock.
Table:
 |  | Fiscal 2019 |  | Fiscal 2018
 | High | Low | High | Low
First Quarter | $ 83.14 | $ 63.81 | $ 45.24 | $ 37.43
Second Quarter | $ 88.08 | $ 70.26 | $ 45.14 | $ 37.55
Third Quarter | $ 83.95 | $ 54.50 | $ 64.06 | $ 43.24
Fourth Quarter | $ 78.35 | $ 61.00 | $ 69.75 | $ 52.00


Question: Which fiscal years does the table provide information for the price range per share of common stock?
Answer: 2019, 2018
Presentation of Derivative Gains (Losses) from Economic Hedges of Forecasted Cash Flows in Segment Results
Derivatives used to manage commodity price risk and foreign currency risk are not designated for hedge accounting treatment. We believe these derivatives provide economic hedges of certain forecasted transactions. As such, these derivatives are generally recognized at fair market value with realized and unrealized gains and losses recognized in general corporate expenses. The gains and losses are subsequently recognized in the operating results of the reporting segments in the period in which the underlying transaction being economically hedged is included in earnings. In the event that management determines a particular derivative entered into as an economic hedge of a forecasted commodity purchase has ceased to function as an economic hedge, we cease recognizing further gains and losses on such derivatives in corporate expense and begin recognizing such gains and losses within segment operating results, immediately.
The following table presents the net derivative gains (losses) from economic hedges of forecasted commodity consumption and the foreign currency risk of certain forecasted transactions associated with continuing operations, under this methodology:
As of May 26, 2019, the cumulative amount of net derivative gains from economic hedges that had been recognized in general corporate expenses and not yet allocated to reporting segments was $1.4 million. This amount reflected net gains of $1.0 million incurred during the fiscal year ended May 26, 2019, as well as net gains of $0.4 million incurred prior to fiscal 2019. Based on our forecasts of the timing of recognition of the underlying hedged items, we expect to reclassify to segment operating results gains of $0.9 million in fiscal 2020 and $0.5 million in fiscal 2021 and thereafter.
Table:
 |  | Fiscal Years Ended | 
($ in millions) | May 26, 2019 | May 27, 2018 | May 28, 2017
Net derivative gains (losses) incurred | $(3.6) | $(0.9) | $0.6
Less: Net derivative gains (losses) allocated to reporting segments | (1.8) | (7.1) | 5.7
Net derivative gains (losses) recognized in general corporate expenses | $(1.8) | $6.2 | $(5.1)
Net derivative gains (losses) allocated to Grocery & Snacks | $(2.1) | $0.2 | $3.4
Net derivative gains (losses) allocated to Refrigerated & Frozen | (1.1) | (0.3) | 0.8
Net derivative gains (losses) allocated to International Foods . | 2.8 | (6.9) | 1.6
Net derivative losses allocated to Foodservice . | (0.6) | (0.1) | —
Net derivative losses allocated to Pinnacle Foods | (0.8) | — | —
Net derivative losses allocated to Commercial . | — | — | (0.1)
Net derivative gains (losses) included in segment operating profit . | $(1.8) | $(7.1) | $5.7


Question: What are the expected operating fiscal gains in fiscal 2020 and 2021 and thereafter, respectively, based on the company’s forecasts of the timing of recognition of the underlying hedged items?
Answer: $0.9 million, $0.5 million
Revenues. Revenues increased by 21% to RMB377.3 billion for the year ended 31 December 2019 on a year-on-year basis. The following table sets forth our revenues by line of business for the years ended 31 December 2019 and 2018:
Revenues from our VAS business increased by 13% year-on-year to RMB200 billion. Online games revenues grew by 10% to RMB114.7 billion. The increase was primarily due to revenue contributions from domestic smart phone games including Honour of Kings and Peacekeeper Elite, as well as increased contributions from our overseas titles such as PUBG Mobile and Supercell titles, partly offset by the revenue decline from PC client games such as DnF. Social networks revenues increased by 17% to RMB85,281 million. The increase mainly reflected revenue growth from digital content services such as live broadcast services and video streaming subscriptions.
Revenues from FinTech and Business Services increased by 39% year-on-year to RMB101.4 billion. The increase was primarily driven by greater revenues from commercial payment due to increased daily active consumers and number of transactions per user. Greater revenues from cloud services also contributed to the annual growth.
Revenues from Online Advertising business increased by 18% year-on-year to RMB68,377 million. Social and others advertising revenues grew by 33% to RMB52,897 million. The increase mainly reflected higher advertising revenues derived from Weixin (primarily Weixin Moments and Mini Programs) as a result of its increased inventories and impressions, as well as contributions from our mobile advertising network due to increased traffic and video inventories. Media advertising revenues decreased by 15% to RMB15,480 million. The decrease was primarily due to lower advertising revenues from our media platforms including Tencent Video and Tencent News resulting from unpredictability in broadcast schedules and the challenging macro-environment, as well as the absence of the FIFA World Cup in year 2019.
Table:
 | Year ended 31 December |  |  | 
 | 2019 |  | 2018 | 
 |  | % of total |  | % of total
 | Amount | revenues | Amount | revenues
 |  |  | (Restated) | (Restated)
 | (RMB in millions, unless specified) |  |  | 
VAS | 199,991 | 53% | 176,646 | 56%
FinTech and Business Services | 101,355 | 27% | 73,138 | 23%
Online Advertising | 68,377 | 18% | 58,079 | 19%
Others | 7,566 | 2% | 4,831 | 2%
Total revenues | 377,289 | 100% | 312,694 | 100%


Question: What is the year-on-year change in VAS Business revenue?
Answer: 23345
Calculation: 199,991-176,646
5. CASH FLOW ANALYSIS
(1) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
(2) For further details on the Corporation's cash flow attributable to discontinued operations, please consult the "Discontinued operations" section.
Fiscal 2019 cash flow from operating activities increased by 39.9% compared to the prior year mainly from: • higher adjusted EBITDA; • the decreases in income taxes paid and in financial expense paid; and • the decrease in integration, restructuring and acquisitions costs.
Fiscal 2019 investing activities decreased by 78.5% compared to the prior year mainly due to the MetroCast acquisition of $1.76 billion in the second quarter of fiscal 2018.
Table:
Years ended August 31, | 2019 | 2018 (1) | Change
(in thousands of dollars, except percentages) | $ | $ | %
Cash flow from operating activities | 868,711 | 620,748 | 39.9
Cash flow from investing activities | (471,078) | (2,191,666) | (78.5)
Cash flow from financing activities | (659,222) | 1,426,136 | —
Effect of exchange rate changes on cash and cash equivalents denominated in a foreign currency | (439) | 1,989 | —
Net change in cash and cash equivalents from continuing operations | (262,028) | (142,793) | 83.5
Net change in cash and cash equivalent from discontinued operations(2) | 733,807 | 16,333 | —
Cash and cash equivalents, beginning of the year | 84,725 | 211,185 | (59.9)
Cash and cash equivalents, end of the year | 556,504 | 84,725 | —


Question: What was the average Cash flow from investing activities between 2018 and 2019?
Answer: -1331372
Calculation: -(471,078 + 2,191,666) / 2
intangible asset amortization expense amounted to $ 12 million , $ 4 million and $ 4 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively . estimated amortization expense for the next five years subsequent to december 31 , 2018 is as follows: .

Table:
 | amount
2019 | $ 15
2020 | 13
2021 | 11
2022 | 10
2023 | 7
note 9 : shareholders 2019 equity common stock under the dividend reinvestment and direct stock purchase plan ( the 201cdrip 201d ) , shareholders may reinvest cash dividends and purchase additional company common stock , up to certain limits , through the plan administrator without commission fees .
shares purchased by participants through the drip may be newly issued shares , treasury shares , or at the company 2019s election , shares purchased by the plan administrator in the open market or in privately negotiated transactions .
purchases generally will be made and credited to drip accounts once each week .
as of december 31 , 2018 , there were approximately 4.2 million shares available for future issuance under the drip .
anti-dilutive stock repurchase program in february 2015 , the company 2019s board of directors authorized an anti-dilutive stock repurchase program , which allowed the company to purchase up to 10 million shares of its outstanding common stock over an unrestricted period of time .
the company repurchased 0.6 million shares and 0.7 million shares of common stock in the open market at an aggregate cost of $ 45 million and $ 54 million under this program for the years ended december 31 , 2018 and 2017 , respectively .
as of december 31 , 2018 , there were 5.5 million shares of common stock available for purchase under the program. .

Question: at what price per share did awk repurchase its shares of common stock in 2017?
Answer: 77.1
Calculation: divide(54, 0.7)
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: Who are the primary customers for the company?
Answer: 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.
5. CASH FLOW ANALYSIS
(1) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
(2) For further details on the Corporation's cash flow attributable to discontinued operations, please consult the "Discontinued operations" section.
Fiscal 2019 cash flow from operating activities increased by 39.9% compared to the prior year mainly from: • higher adjusted EBITDA; • the decreases in income taxes paid and in financial expense paid; and • the decrease in integration, restructuring and acquisitions costs.
Fiscal 2019 investing activities decreased by 78.5% compared to the prior year mainly due to the MetroCast acquisition of $1.76 billion in the second quarter of fiscal 2018.
Table:
Years ended August 31, | 2019 | 2018 (1) | Change
(in thousands of dollars, except percentages) | $ | $ | %
Cash flow from operating activities | 868,711 | 620,748 | 39.9
Cash flow from investing activities | (471,078) | (2,191,666) | (78.5)
Cash flow from financing activities | (659,222) | 1,426,136 | —
Effect of exchange rate changes on cash and cash equivalents denominated in a foreign currency | (439) | 1,989 | —
Net change in cash and cash equivalents from continuing operations | (262,028) | (142,793) | 83.5
Net change in cash and cash equivalent from discontinued operations(2) | 733,807 | 16,333 | —
Cash and cash equivalents, beginning of the year | 84,725 | 211,185 | (59.9)
Cash and cash equivalents, end of the year | 556,504 | 84,725 | —


Question: What was the increase / (decrease) in the Cash flow from operating activities from 2018 to 2019?
Answer: 247963
Calculation: 868,711 - 620,748
Change in Product Mix and Technology Migration
Because the price of wafers processed with different technologies varies significantly, the mix of wafers that we produce is among the primary factors that affect our revenues and profitability. The value of a wafer is determined principally by the complexity and performance of the processing technology used to produce the wafer, as well as by the yield and defect density. Production of devices with higher levels of functionality and performance, with better yields and lower defect density as well as with greater system-level integration requires better manufacturing expertise and generally commands higher wafer prices. The increase in price generally has more than offset associated increases in production cost once an appropriate economy of scale is reached.
Prices for wafers of a given level of technology generally decline over the processing technology life cycle. As a result, we have continuously been migrating to increasingly sophisticated technologies to maintain the same level of profitability. We began our volume production with 65-nanometer and 40-nanometer technologies in 2006 and 2009, respectively. We introduced our 28-nanometer technology to customers in 2011 and started large-scale commercial production in 2014. Our 28nm and below technologies contributed approximately 17.1%, 15.2% and 11.3% of our foundry revenue in 2017, 2018 and 2019 respectively.
Table:
 |  | Years Ended December 31, | 
Process Technologies | 2017 | 2018 | 2019
 | % | % | %
14 nanometers and under | 0.9 | 2.6 | 0.0
28 nanometers | 16.2 | 12.6 | 11.3
40 nanometers | 28.4 | 25.3 | 23.1
65 nanometers | 12.3 | 12.5 | 14.7
90 nanometers | 4.9 | 8.3 | 13.6
0.11/0.13 micron | 11.5 | 11.6 | 12.6
0.15/0.18 micron | 12.4 | 13.7 | 13.1
0.25/0.35 micron | 10.0 | 10.1 | 8.7
0.50 micron or higher | 3.4 | 3.3 | 2.9
Total | 100.0 | 100.0 | 100.0


Question: What was the contribution of the 28nm and below technologies in 2019?
Answer: 11.3%
Cash Flow
Our cash flows from operating, investing and financing activities, as reflected in the Consolidated Statement of Cash Flows on page 71 are summarized in the table below. These amounts include the cash flows associated with the Global Financing business.
Net cash provided by operating activities decreased $477 million in 2019 driven by the following key factors: • An increase in cash income tax payments of $346 million; • An increase in interest payments on debt of approximately $300 million, driven by incremental debt used to fund the acquisition of Red Hat; and • Performance-related declines within net income, including lower operating cash flows due to businesses divested in 2019; partially offset by • An increase of $836 million in cash provided by financing receivables.
Net cash used in investing activities increased $22,023 million driven by: • An increase in net cash used for acquisitions of $32,491 million, primarily driven by the acquisition of Red Hat; offset by • An increase of $7,223 million in cash provided by net non-operating finance receivables primarily driven by the wind down of OEM IT commercial financing operations; • A decrease in cash used for net capital expenditures of $1,346 million; and • An increase in cash provided by divestitures of $1,076 million.
Financing activities were a net source of cash of $9,042 million in 2019 compared to a net use of cash of $10,469 million in 2018. The year-to-year increase in cash flow of $19,512 million was driven by: • An increase in net cash sourced from debt transactions of $16,584 million primarily driven by net issuances to fund the Red Hat acquisition; and • A decrease in cash used for gross common share repurchases of $3,082 million.
Table:
($ in millions) |  | 
For the year ended December 31: | 2019 | 2018
Net cash provided by/(used in) continuing operations |  | 
Operating activities | $14,770 | $15,247
Investing activities | (26,936) | (4,913)
Financing activities | 9,042 | (10,469)
Effect of exchange rate changes on cash, cash equivalents and restricted cash | (167) | (495)
Net change in cash, cash equivalents and restricted cash | $(3,290) | $(630)


Question: What was the percentage increase / (decrease) in cash from Investing activities?
Answer: 448.26
Calculation: ((-26,936 / -4,913) - 1) * 100
table of contents in this form 10-k , we discuss non-gaap income before income taxes , non-gaap net income , non-gaap net income per diluted share , ebitda , adjusted ebitda and adjusted ebitda margin , which are non-gaap financial measures . we believe these measures provide analysts , investors and management with helpful information regarding the underlying operating performance of our business , as they remove the impact of items that management believes are not reflective of underlying operating performance . management uses these measures to evaluate period-over-period performance as management believes they provide a more comparable measure of the underlying business . additionally , adjusted ebitda is a measure in the credit agreement governing our senior secured term loan facility ( 201cterm loan 201d ) , which is used to evaluate our ability to make certain investments , incur additional debt , and make restricted payments , such as dividends and share repurchases , as well as whether we are required to make additional principal prepayments on the term loan beyond the quarterly amortization payments . for further details regarding the term loan , see long-term debt and financing arrangements within management 2019s discussion and analysis of financial condition and results of operations and note 10 ( long-term debt ) to the accompanying consolidated financial statements . for the definitions of non-gaap income before income taxes , non-gaap net income and adjusted ebitda and reconciliations to net income , see 201cresults of operations 201d . the results of certain key business metrics are as follows: .

Table:
( dollars in millions ) | years ended december 31 , 2017 | years ended december 31 , 2016 | years ended december 31 , 2015
net sales | $ 15191.5 | $ 13981.9 | $ 12988.7
gross profit | 2449.9 | 2327.2 | 2115.8
income from operations | 866.1 | 819.2 | 742.0
net income | 523.0 | 424.4 | 403.1
non-gaap net income | 605.8 | 569.0 | 503.5
adjusted ebitda | 1185.6 | 1117.3 | 1018.5
average daily sales | 59.8 | 55.0 | 51.1
net debt ( 1 ) | 3091.3 | 2970.7 | 3222.1
cash conversion cycle ( in days ) ( 2 ) | 19 | 19 | 21
net debt ( 1 ) 3091.3 2970.7 3222.1 cash conversion cycle ( in days ) ( 2 ) 19 19 21 ( 1 ) defined as total debt minus cash and cash equivalents .
( 2 ) cash conversion cycle is defined as days of sales outstanding in accounts receivable and certain receivables due from vendors plus days of supply in merchandise inventory minus days of purchases outstanding in accounts payable and accounts payable-inventory financing , based on a rolling three-month average. .

Question: what was 2016 gross margin percent?
Answer: 18%
Calculation: divide(2327.2, 12988.7)