hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
12. ACCRUED LIABILITIES
The settlement of the deferred compensation liabilities includes the settlement with our former CFO and Executive Vice President that is payable within March 31, 2020 and payroll taxes related to this settlement and the settlement of the Executive Pension Plan with our Chairman, President & CEO. We refer to note 7 for further information.
Table:
All figures in USD ‘000  | 2019 | 2018
Accrued Interest   | 163 | 1,598
Accrued Expenses   | 11,569 | 7,362
Settlement Deferred Compensation Liabilities   | 3,830 | -
Total as of December 31,   | 15,562 | 8,960


Question: What are the respective total accrued liabilities in 2018 and 2019?
Answer: 8,960, 15,562
SIGNIFICANT ASSUMPTIONS
We used the following key assumptions to measure the post-employment benefit obligations and the net benefit plans cost for the DB pension plans and OPEB plans. These assumptions are long-term, which is consistent with the nature of post-employment benefit plans.
(1) Cost of living indexation rate is only applicable to DB pension plans
The weighted average duration of the post-employment benefit obligation is 14 years.
We assumed the following trend rates in healthcare costs: • an annual increase in the cost of medication of 6.5% for 2019 decreasing to 4.0% over 20 years • an annual increase in the cost of covered dental benefits of 4% • an annual increase in the cost of covered hospital benefits of 3.7% • an annual increase in the cost of other covered healthcare benefits of 4%
Assumed trend rates in healthcare costs have a significant effect on the amounts reported for the healthcare plans.
Table:
 | DB PENSION PLANS AND OPEB PLANS | 
FOR THE YEAR ENDED DECEMBER 31 | 2019 | 2018
Post-employment benefit obligations |  | 
Discount rate | 3.1% | 3.8%
Rate of compensation increase | 2.25% | 2.25%
Cost of living indexation rate (1) | 1.6% | 1.6%
Life expectancy at age 65 (years) | 23.2 | 23.1


Question: What is the cost of living indexation rate applicable to?
Answer: only applicable to DB pension plans
3. Operating segments continued
Note
1. Non-current assets excludes trade and other receivables, assets recognised from costs to obtain a contract, defined benefit pension plan surplus and deferred tax asset.
Europe, Middle East and Africa includes United Kingdom non-current assets of $6.9 million (2018 $2.0 million). Americas includes United States non-current assets of $182.4 million (2018 $171.1 million).
Table:
 | 2019 | 2018
 | $ million | $ million
Non-current assets1 |  | 
Americas | 196.9 | 184.6
Asia Pacific | 7.4 | 4.4
Europe, Middle East and Africa | 11.5 | 5.1
 | 215.8 | 194.1


Question: What was the percentage change in non-current assets in Asia Pacific?
Answer: 68.18
Calculation: ((7.4-4.4)/4.4) * 100
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
NOTE 5. INCOME TAXES
The geographic distribution of pretax income from continuing operations is as follows:
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Domestic | $(20,597) | $22,325 | $29,088
Foreign | 87,791 | 150,051 | 169,103
Total | $67,194 | $172,376 | $198,191


Question: What was the change in domestic pretax income between 2018 and 2017?
Answer: -6763
Calculation: $22,325-$29,088
13. SHARE-BASED EMPLOYEE COMPENSATION
Stock incentive plans — We offer share-based compensation plans to attract, retain, and motivate key officers, employees, and non-employee directors to work toward the financial success of the Company.
Our stock incentive plans are administered by the Compensation Committee of the Board of Directors and have been approved by the stockholders of the Company. The terms and conditions of our share-based awards are determined by the Compensation Committee for each award date and may include provisions for the exercise price, expirations, vesting, restriction on sales, and forfeitures, as applicable. We issue new shares to satisfy stock issuances under our stock incentive plans.
Our Amended and Restated 2004 Stock Incentive Plan authorizes the issuance of up to11,600,000 common shares in connection with the granting of stock options, stock appreciation rights, restricted stock purchase rights, restricted stock bonuses, restricted stock units, or performance units to key employees, directors, and other designated employees. There were 1,677,983 shares of common stock available for future issuance under this plan as of September 29, 2019.
We also maintain a deferred compensation plan for non-management directors under which those who are eligible to receive fees or retainers may choose to defer receipt of their compensation. The deferred amounts are converted to stock equivalents. The plan requires settlement in shares of our common stock based on the number of stock equivalents and dividend equivalents at the time of a participant’s separation from the Board of Directors. This plan provides for the issuance of up to 350,000 shares of common stock in connection with the crediting of stock equivalents. There were143,122 shares of common stock available for future issuance under this plan as of September 29, 2019.
Compensation expense — The components of share-based compensation expense, included within “Selling, general, and administrative expenses” in our consolidated statement of earnings, in each fiscal year are as follows (in thousands):
Nonvested restricted stock units — Nonvested restricted stock units (“RSUs”) are generally issued to executives, non-management directors and certain other members of management and employees. Prior to fiscal 2011, RSUs were granted to certain Executive and Senior Vice Presidents pursuant to our share ownership guidelines. These awards vest upon retirement or termination based on years of service. There were 60,272 of such RSUs outstanding as of September 29, 2019.
Table:
 | 2019 | 2018 | 2017
Nonvested stock units | $5,458 | $5,737 | $5,873
Stock options | 936 | 1,790 | 1,826
Performance share awards | 1,417 | 1,236 | 2,580
Nonvested restricted stock awards | — | 33 | 88
Non-management directors’ deferred compensation | 263 | 350 | 270
Total share-based compensation expense | $8,074 | $9,146 | $10,637


Question: Under the Amended and Restated 2004 Stock Incentive Plan, how many shares of common stock were available for future issuance as of September 29, 2019?
Answer: 1,677,983
Financing and cash flow
The Group delivered very strong cash generation in 2019, driven by higher operating profit and effective working capital management. Changes in working capital, reflected within cash flow from operations, benefited from:
• our continued focus on improving trade receivables collection; • a reduction in inventory levels due to a high level of shipments at the end of 2019; and • growth in payables, resulting from the increase in activity levels and emphasis on extending supplier payment terms.
Free cash flow for 2019 almost doubled year-on-year coming in at $100.1 million, compared to $50.9 million in 2018, resulting in a free cash flow conversion which represented 123 per cent of adjusted earnings (2018 77 per cent).
Free cash flow is set out below:
Note
1. Spirent adopted IFRS 16 on 1 January 2019; in prior periods operating lease payments were included within cash flow from operations.
Free cash flow includes a net cash outflow in respect of exceptional items in 2018 and 2019 of $5.5 million (2018 $3.6 million in respect of exceptional items charged in 2017 and 2018).
Tax payments of $5.6 million made in 2019 were consistent with the prior year (2018 $5.7 million). Net capital expenditure of $11.9 million was also broadly consistent with the prior year (2018 $10.6 million), with the incremental spend of $1.3 million primarily related to investment in 5G. We continue to exercise careful management of capital investment to ensure efficient use of capital and maximise return on investment.
Following the adoption of IFRS 16 on 1 January 2019, the payment of lease liabilities, both the principal and interest elements, are shown separately from net cash flow from operating activities. In previous periods they would have been reflected in that number. There is no overall impact in comparing free cash flow year-on-year.
In 2019, the final dividend for 2018 and an interim dividend for 2019 totalling $28.6 million were paid. This compared to total dividends of $54.8 million paid in 2018, including a special dividend of $29.9 million. In addition, 4.0 million shares were purchased and placed into the Employee Share Ownership Trust at a cost of $8.6 million (2018 1.5 million shares at a net cost of $2.5 million) and $1.9 million of cash consideration was paid to acquire the business of a navigation systems company based in the United Kingdom.
Following these payments, cash and cash equivalents closed at $183.2 million at 31 December 2019, compared with $121.6 million at 31 December 2018. There continues to be no bank debt.
Table:
$ million | 2019 | 2018
Cash flow from operations | 124.9 | 65.9
Tax paid | (5.6) | (5.7)
Net cash inflow from operating activities | 119.3 | 60.2
Interest received | 2.6 | 1.3
Net capital expenditure | (11.9) | (10.6)
Payment of lease liabilities, principal and interest1 | (10.3) | —
Lease payments received from finance leases | 0.4 | —
Free cash flow | 100.1 | 50.9


Question: What is the amount of tax paid in 2019?
Answer: $5.6 million
2. Net Income (Loss) Per Share
Basic earnings per share, or EPS, is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding for the period, without consideration for common stock equivalents. Diluted EPS is computed by dividing net income by the weighted-average number of common shares outstanding for the period and the weighted-average number of dilutive common stock equivalents outstanding for the period determined using the treasury-stock method.
For purposes of this calculation, common stock options, restricted stock units and restricted stock awards are considered to be common stock equivalents and are only included in the calculation of diluted EPS when their effect is dilutive. In periods in which the Company has a net loss, dilutive common stock equivalents are excluded from the calculation of diluted EPS.
The table below presents the computation of basic and diluted earnings per share:
For the years ended December 31, 2019, 2018 and 2017, the Company incurred net losses and accordingly excluded common stock equivalents for outstanding stockbased awards, which represented all potentially dilutive securities, of 2.5 million, 3.7 million, and 4.5 million, respectively, from the calculation of diluted net loss per share due to their anti-dilutive nature.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands, except per share amounts) | 
Numerator: |  |  | 
Net loss | $(19,898) | $(26,199) | $(9,187)
Denominator: |  |  | 
Weighted average common shares outstanding—basic | 71,005 | 68,490 | 66,252
Dilutive common stock equivalents | — | — | —
Weighted average common shares outstanding—diluted | 71,005 | 68,490 | 66,252
Net loss per share: |  |  | 
Basic | $(0.28) | $(0.38) | $(0.14)
Diluted | $(0.28) | $(0.38) | $(0.14)


Question: In which year was the net loss less -10,000?
Answer: 2017
Calculation: locate and analyze net loss in row 5
3. Operating segments continued
Note
1. Non-current assets excludes trade and other receivables, assets recognised from costs to obtain a contract, defined benefit pension plan surplus and deferred tax asset.
Europe, Middle East and Africa includes United Kingdom non-current assets of $6.9 million (2018 $2.0 million). Americas includes United States non-current assets of $182.4 million (2018 $171.1 million).
Table:
 | 2019 | 2018
 | $ million | $ million
Non-current assets1 |  | 
Americas | 196.9 | 184.6
Asia Pacific | 7.4 | 4.4
Europe, Middle East and Africa | 11.5 | 5.1
 | 215.8 | 194.1


Question: What do the non-current assets under America in 2019 include?
Answer: United States non-current assets of $182.4 million
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: what is the roi of an investment in altria group inc . from december 2011 to december 2013?
Answer: 43.7%
Calculation: subtract(143.69, const_100), divide(#0, const_100)
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
NOTE 10. INVENTORIES
Our inventories are valued at the lower of cost or net realizable value and computed on a first-in, first-out (FIFO) basis. Components of inventories are as follows:
Table:
 | December 31, | 
 | 2019 | 2018
Parts and raw materials | $134,816 | $76,647
Work in process | 10,269 | 6,644
Finished goods | 84,934 | 14,696
Total | $230,019 | $97,987


Question: What were the inventories of Parts and raw materials in 2019?
Answer: $134,816
Segment operating results
Enterprise Security segment
Revenue increased $199 million primarily due to increases of $331 million in revenue from sales of our network and web security solutions and $36 million from sales of endpoint and information protection solutions, partially offset by a $184 million decrease in revenue as a result of the divestiture of our WSS and PKI solutions. Revenue during fiscal 2018 was also unfavorably affected by a shift in the mix of sales towards subscription and cloud-delivered solutions subject to ratable revenue recognition, which resulted in less in-period recognized revenue and more revenue deferred to the balance sheet as compared to fiscal 2017. Operating income increased $286 million primarily due to higher revenue discussed above, a $51 million decrease in sales and marketing expenses and a $38 million decrease in cost of revenues.
Table:
 | Fiscal Year |  | Variance in | 
(In millions, except for percentages) | 2018 | 2017 | Dollars | Percent
Net revenues | $2,554 | $2,355 | $199 | 8%
Percentage of total net revenues | 53% | 59% |  | 
Operating income | $473 | $187 | $286 | 153%
Operating margin | 19% | 8% |  | 


Question: How much was the increase in revenue?
Answer: $199 million
2. Net Income (Loss) Per Share
Basic earnings per share, or EPS, is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding for the period, without consideration for common stock equivalents. Diluted EPS is computed by dividing net income by the weighted-average number of common shares outstanding for the period and the weighted-average number of dilutive common stock equivalents outstanding for the period determined using the treasury-stock method.
For purposes of this calculation, common stock options, restricted stock units and restricted stock awards are considered to be common stock equivalents and are only included in the calculation of diluted EPS when their effect is dilutive. In periods in which the Company has a net loss, dilutive common stock equivalents are excluded from the calculation of diluted EPS.
The table below presents the computation of basic and diluted earnings per share:
For the years ended December 31, 2019, 2018 and 2017, the Company incurred net losses and accordingly excluded common stock equivalents for outstanding stockbased awards, which represented all potentially dilutive securities, of 2.5 million, 3.7 million, and 4.5 million, respectively, from the calculation of diluted net loss per share due to their anti-dilutive nature.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands, except per share amounts) | 
Numerator: |  |  | 
Net loss | $(19,898) | $(26,199) | $(9,187)
Denominator: |  |  | 
Weighted average common shares outstanding—basic | 71,005 | 68,490 | 66,252
Dilutive common stock equivalents | — | — | —
Weighted average common shares outstanding—diluted | 71,005 | 68,490 | 66,252
Net loss per share: |  |  | 
Basic | $(0.28) | $(0.38) | $(0.14)
Diluted | $(0.28) | $(0.38) | $(0.14)


Question: What is the average Denominator: Weighted average common shares outstanding—basic for the year ended December 31, 2019 to 2018?
Answer: 69747.5
Calculation: (71,005+68,490) / 2
republic services , inc . notes to consolidated financial statements 2014 ( continued ) the following table summarizes our outstanding costless collar hedges for occ as of december 31 , 2016 : year tons hedged weighted average floor strike price per ton weighted average cap strike price per ton .

Table:
year | tons hedged | weighted average floor strikeprice per ton | weighted average cap strikeprice per ton
2017 | 120000 | $ 81.50 | $ 120.00
2018 | 120000 | 81.50 | 120.00
costless collar hedges are recorded in our consolidated balance sheets at fair value .
fair values of costless collars are determined using standard option valuation models with assumptions about commodity prices based upon forward commodity price curves in underlying markets ( level 2 in the fair value hierarchy ) .
we had no outstanding recycling commodity hedges as of december 31 , 2015 .
the aggregated fair values of the outstanding recycling commodity hedges as of december 31 , 2016 were current liabilities of $ 0.8 million , and have been recorded in other accrued liabilities in our consolidated balance sheets .
no amounts were recognized in other income , net in our consolidated statements of income for the ineffective portion of the changes in fair values during the years ended december 31 , 2016 , 2015 and 2014 .
total loss recognized in other comprehensive income for recycling commodity hedges ( the effective portion ) was $ ( 0.5 ) million for the year ended december 31 , 2016 .
no amount was recognized in other comprehensive income for 2015 .
total gain recognized in other comprehensive income for recycling commodity hedges ( the effective portion ) was $ 0.1 million for the year ended december 31 , 2014 .
fair value measurements in measuring fair values of assets and liabilities , we use valuation techniques that maximize the use of observable inputs ( level 1 ) and minimize the use of unobservable inputs ( level 3 ) .
we also use market data or assumptions that we believe market participants would use in pricing an asset or liability , including assumptions about risk when appropriate .
the carrying value for certain of our financial instruments , including cash , accounts receivable , accounts payable and certain other accrued liabilities , approximates fair value because of their short-term nature. .

Question: what was the ratio of the tons hedged in 2017 to 2018
Answer: 1
Calculation: divide(120000, 120000)
(iii) Contract balances
Increases in the balance of accrued and unearned revenue during the year relate to the acquisition of Sigma Systems (refer to Note 24). Additionally, the increase in accrued revenue was a result of software licences deployed on contract inception but have yet to be billed to the customer.
Revenues recognised in the current reporting period that was included in deferred revenue at the beginning of the reporting period was $22,251,000, representing support and maintenance performed during the period.
Table:
 | 2019 | 2018
 | $’000 | $’000
Accrued revenue | 27,817 | 5,824
Unearned revenue | 27,069 | 22,914


Question: Why was there an increase in accrued revenue from 2018 to 2019?
Answer: the acquisition of Sigma Systems (refer to Note 24). Additionally, the increase in accrued revenue was a result of software licences deployed on contract inception but have yet to be billed to the customer.