hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
The following is a summary of our contractual obligations and commercial commitments as ofSeptember 29, 2019 (in thousands):
(1) Includes mandatory principal and interest payments on our Class A-2 Notes. Amounts are reflected through the anticipated repayment dates as described further above in “Liquidity and capital resources.”
(2)  Includes purchase commitments for food, beverage, and packaging items to support system-wide restaurant operations.
(3)  Includes expected payments associated with our non-qualified defined benefit plan, postretirement healthcare plans and our non-qualified deferred compensation plan through fiscal 2029.
(4)  Consists primarily of letters of credit for interest reserves required under the Indenture and insurance.
We maintain a noncontributory defined benefit pension plan (“Qualified Plan”) covering substantially all full-time employees hired before January 1, 2011.  Our policy is to fund our Qualified Plan at amounts necessary to satisfy the minimum amount required by law, plus additional amounts as determined by management to improve the plan’s funded status. Contributions beyond fiscal 2019 will depend on pension asset performance, future interest rates, future tax law changes, and future changes in regulatory funding requirements. Based on the funding status of our Qualified Plan as of our last measurement date, there was no minimum contribution required in 2019. For additional information related to our pension plans, refer to Note 12,Retirement Plans, of the notes to the consolidated financial statements.
Table:
 |  |  | Payments Due by Fiscal Year |  | 
 |  | Less than |  |  | 
 | Total | 1 year | 1-3 years | 3-5 years | After 5 years
Contractual Obligations: |  |  |  |  | 
Long-term debt obligations (1) | 1,708,916 | 65,087 | 115,141 | 667,245 | 861,443
Capital lease obligations | 3,937 | 879 | 1,758 | 1,260 | 40
Operating lease obligations | 1,094,011 | 193,313 | 332,020 | 205,173 | 363,505
Purchase commitments (2) | 1,906,900 | 854,100 | 722,900 | 308,400 | 21,500
Benefit obligations (3) | 74,714 | 15,068 | 13,499 | 13,533 | 32,614
Total contractual obligations | $4,788,478 | $1,128,447 | $1,185,318 | $1,195,611 | $1,279,102
Other Commercial Commitments: |  |  |  |  | 
Stand-by letters of credit (4) | $45,600 | $45,600 | $— | $— | $—


Question: What is the percentage constitution of total operating lease obligations among the total contractual obligations? 
Answer: 22.85
Calculation: (1,094,011/4,788,478 ) * 100
15. Income Taxes
Income before income taxes is as follows (in thousands):
Table:
 | Year Ended |  | 
 | June 30, 2019 | June 30, 2018 | June 30, 2017
Domestic  | $22,330 | $(55,197) | $(7,228)
Foreign   | (48,204) | 8,550 | 9,824
Total  | $(25,874) | $(46,647) | $2,596


Question: Which years does the table provide information for Income before income taxes?
Answer: 2019, 2018, 2017
Cash Flows
The following table sets forth selected consolidated cash flow information (in thousands):
Operating Activities Net cash provided by operating activities during the fiscal year ended August 31, 2019 was primarily due to increased accounts payable, accrued expenses and other liabilities, decreased inventories and non-cash expenses, partially offset by increased contract assets and accounts receivable. The increase in accounts payable, accrued expenses and other liabilities is primarily due to the timing of collections on accounts receivable sold under the securitization programs and the timing of purchases and cash payments. The decrease in inventories is primarily due to the adoption of ASU 2014-09 and the reclassification to contract assets for revenue recognized for over time customers, partially offset by an increase in inventories to support expected sales levels in the first quarter of fiscal year 2020. The increase in contract assets is due to the adoption of ASU 2014-09 and the timing of revenue recognition for over time customers. The increase in accounts receivable is primarily driven by the amended and new securitization programs and higher sales and timing of collections.
Investing Activities Net cash used in investing activities during the fiscal year ended August 31, 2019 consisted primarily of capital expenditures principally to support ongoing business in the DMS and EMS segments and expenditures for assets acquired in connection with the initial and second closings of the acquisition of certain assets of JJMD, partially offset by proceeds and advances from the sale of property, plant and equipment and cash receipts on sold receivables under the asset-backed securitization programs.
Financing Activities Net cash used in financing activities during the fiscal year ended August 31, 2019 was primarily due to: (i) payments for debt agreements, (ii) the repurchase of our common stock, (iii) dividend payments and (iv) treasury stock minimum tax withholding related to vesting of restricted stock. Net cash used in financing activities was partially offset by: (i) borrowings under debt agreements and (ii) net proceeds from the exercise of stock options and issuance of common stock under the employee stock purchase plan.
Table:
 |  | Fiscal Year Ended August 31, | 
 | 2019 | 2018 | 2017
Net cash provided by (used in) operating activities | $1,193,066 | $(1,105,448) | $(1,464,085)
Net cash (used in) provided by investing activities | (872,454) | 1,240,914 | 2,141,263
Net cash used in financing activities | (415,772) | (47,044) | (404,546)
Effect of exchange rate changes on cash and cash equivalents | 554 | (20,392) | 5,228
Net (decrease) increase in cash and cash equivalents | $(94,606) | $68,030 | $277,860


Question: What was the change in Net (decrease) increase in cash and cash equivalents between 2017 and 2018?
Answer: -209830
Calculation: $68,030-$277,860
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 is included in the acquisition related costs?
Answer: costs include legal expense, due diligence costs, and other professional costs incurred for business acquisitions
Disaggregated Revenue
The table below includes the Company’s revenue for the fiscal year ended September 28, 2019 disaggregated by geographic reportable segment and market sector (in thousands):
Table:
 |  | Fiscal Year Ended September 28, 2019 |  | 
 |  | Reportable Segment: |  | 
 | AMER  | APAC  | EMEA  | Total
Market Sector: |  |  |  | 
Healthcare/Life Sciences  | $488,851 | $602,922 | $128,225 | $1,219,998
Industrial/Commercial  | 359,381 | 534,971 | 86,868 | 981,220
Aerospace/Defense  | 317,558 | 186,486 | 84,556 | 588,600
Communications  | 256,523 | 113,329 | 4,764 | 374,616
     External revenue  | 1,422,313 | 1,437,708 | 304,413 | 3,164,434
Inter-segment sales  | 6,995 | 119,497 | 5,520 | 132,012
    Segment revenue  | $1,429,308 | $1,557,205 | $309,933 | $3,296,446


Question: What was the total revenue from the Healthcare/Life Sciences segment?
Answer: 1,219,998
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our common stock is traded on the New York Stock Exchange under the symbol "MEI." The following is a tabulation of high and low sales prices for the periods presented and cash dividends declared per share.
On June 13, 2019, the Board of Directors declared a dividend of $0.11 per share of common stock, payable on July 26, 2019, to holders of record on July 12, 2019. As of June 18, 2019, the number of record holders of our common stock was 397.
Table:
 | High | Low | Dividends
Declared Per
Share
Fiscal Year Ended April 27, 2019 |  |  | 
First Quarter | $45.45 | $37.70 | $0.11
Second Quarter | 41.30 | 27.65 | 0.11
Third Quarter | 33.98 | 20.99 | 0.11
Fourth Quarter | 32.22 | 25.11 | 0.11
Fiscal Year Ended April 28, 2018 |  |  | 
First Quarter | $44.95 | $36.05 | $0.09
Second Quarter | 46.75 | 36.75 | 0.09
Third Quarter | 48.44 | 39.00 | 0.11
Fourth Quarter | 42.10 | 36.95 | 0.11


Question: What is the change in Second Quarter: High price from Fiscal Year Ended April 28, 2018 to Fiscal Year Ended April 27, 2019?
Answer: -5.45
Calculation: 41.30-46.75
5. Remuneration continued
Remuneration at a glance 2019
How we performed
The above figures exclude the acquisition of Thermocoax.
Table:
Remuneration key performance indicator | 2019 actual | 2019 threshold | 2019 target | 2019 maximum | Remuneration measure
Group operating profit (£m) | 277.3 | 256.7 | 270.3 | 283.8 | Annual Incentive Plan
Group cash generation (£m) | 296.4 | 270.7 | 285.0 | 299.2 | Annual Incentive Plan
Group ROCE (%) | 54.5 | 50.1 | 52.7 | 55.3 | Annual Incentive Plan
2017-2019 EPS (%) | 57.5 | 27.6 | N/A | 52.3 | Performance Share Plan
2017-2019 relative TSR (percentile TSR) | 94th | 50th | N/A | 75th | Performance Share Plan


Question: What is the 2019 actual group operating profit expressed as a ratio of the 2019 target group operating profit?
Answer: 1.03
Calculation: 277.3/270.3
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: What is the percentage change of past due but not impaired receivable that is over 2 months overdue from 2018 to 2019?
Answer: 2.84
Calculation: ((2,756-2,680)/2,680) * 100
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: Which groups of people are generally issued with Nonvested restricted stock units ("RSUs")?
Answer: Executives, non-management directors and certain other members of management and employees
3. Accrued and other liabilities:
Accrued and other current liabilities consist of the following (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Operating accruals | $23,695 | $24,020
Deferred revenue—current portion | 4,316 | 4,504
Payroll and benefits | 6,613 | 7,695
Taxes—non-income based | 6,053 | 4,212
Interest | 10,624 | 11,000
Total | $51,301 | $51,431


Question: What are the respective current portion of deferred revenue in 2018 and 2019?
Answer: 4,504, 4,316
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 non-current assets of United Kingdom as a percentage of the total amount in Europe, Middle East and Africa in 2019?
Answer: 60
Calculation: (6.9/11.5) * 100
5.2 Employee share plans (continued)
Shares issued under the FY2019, FY2018 and FY2017 Performance Rights plans
For the purposes of Sections 200B and 200E of the Corporations Act, iSelect shareholders have approved the giving of any potential benefits under the Performance Rights Plan provided in connection with any future retirement of a participant who holds a ‘managerial or Executive office’ such that for the purposes of the provisions, those benefits will not be included in the statutory limit.
Change in control
Upon a ‘change of control’, the Board has discretion to determine that some or all of the participants’ Performance Rights vest immediately.
FY2018 Performance Rights Plan
The following table illustrates the number of, and movements in, shares issued during the year:
Table:
 | 2019 NUMBER | 2018 NUMBER
Outstanding at the beginning of the period | 547,949 | -
Granted during the period | - | 772,303
Forfeited during the period | (140,687) | (224,354)
Exercised during the period | - | -
Outstanding at the end of the period | 407,262 | 547,949


Question: What is the percentage change in the number of shares forfeited during the period from 2018 to 2019?
Answer: -37.29
Calculation: ((140,687-224,354)/224,354) * 100
Selling and Administrative Expenses. Selling and administrative expenses increased $124.2 million in 2019 compared to 2018. Our selling and administrative expenses by major expense type for 2019 and 2018 were as follows (dollars in thousands):
Selling and administrative expenses increased approximately 70 basis points as a percentage of net sales in 2019 compared to 2018. The increase in expenses reflects the addition of PCM to our North America and EMEA segments, effective August 30, 2019.
The addition of PCM and increased variable compensation resulting from increased sales and gross profit in 2019 compared to 2018 were the primary drivers for the $90.9 million increase in personnel costs. PCM was also the primary driver for year over year increases in facilities, travel and entertainment, and marketing expenses.
Depreciation and amortization expense increased approximately $8.8 million year over year, primarily due to additional amortization expense on newly acquired intangible assets.
Table:
 | 2019 | 2018 | Change
Personnel costs, including teammate benefits | $684,837 | $593,955 | $90,882
Depreciation and amortization | 46,209 | 37,458 | 8,751
Facility expenses | 30,945 | 26,396 | 4,549
Travel and entertainment | 28,402 | 25,656 | 2,746
Legal and professional fees | 16,839 | 16,103 | 736
Marketing | 11,597 | 10,345 | 1,252
Other | 61,908 | 46,616 | 15,292
Total | $880,737 | $756,529 | $124,208


Question: How much did Selling and administrative expenses increased in 2019 compared to 2018?
Answer: $124.2 million
Year Ended December 31, 2018 Compared to the Year Ended December 31, 2017
Our management reviews and analyzes several key financial measures in order to manage our business and assess the quality of and variability of our service revenue, operating results and cash flows. The following summary tables present a comparison of our results of operations with respect to certain key financial measures. The comparisons illustrated in the tables are discussed in greater detail below.
Table:
 | Year Ended December 31, |  | 
 | 2018 | 2017 | Change
Other Operating Data |  |  | 
Average Revenue Per Unit (ARPU) |  |  | 
ARPU—on-net | $ 480 | $ 506 | (5.1)%
ARPU—off-net | $ 1,155 | $ 1,239 | (6.8)%
Average price per megabit | $ 0.82 | $ 1.11 | (25.9)%
Customer Connections—end of period |  |  | 
On-net | 68,770 | 61,334 | 12.1%
Off-net | 10,974 | 9,953 | 10.3%


Question: What are the respective average price per megabit in 2017 and 2018 respectively?
Answer: $ 1.11, $ 0.82
3. Accrued and other liabilities:
Accrued and other current liabilities consist of the following (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Operating accruals | $23,695 | $24,020
Deferred revenue—current portion | 4,316 | 4,504
Payroll and benefits | 6,613 | 7,695
Taxes—non-income based | 6,053 | 4,212
Interest | 10,624 | 11,000
Total | $51,301 | $51,431


Question: What is the percentage change in the payroll and benefits in 2018 and 2019?
Answer: -14.06
Calculation: ((6,613 - 7,695)/7,695 ) * 100
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our common stock is traded on the New York Stock Exchange under the symbol "MEI." The following is a tabulation of high and low sales prices for the periods presented and cash dividends declared per share.
On June 13, 2019, the Board of Directors declared a dividend of $0.11 per share of common stock, payable on July 26, 2019, to holders of record on July 12, 2019. As of June 18, 2019, the number of record holders of our common stock was 397.
Table:
 | High | Low | Dividends
Declared Per
Share
Fiscal Year Ended April 27, 2019 |  |  | 
First Quarter | $45.45 | $37.70 | $0.11
Second Quarter | 41.30 | 27.65 | 0.11
Third Quarter | 33.98 | 20.99 | 0.11
Fourth Quarter | 32.22 | 25.11 | 0.11
Fiscal Year Ended April 28, 2018 |  |  | 
First Quarter | $44.95 | $36.05 | $0.09
Second Quarter | 46.75 | 36.75 | 0.09
Third Quarter | 48.44 | 39.00 | 0.11
Fourth Quarter | 42.10 | 36.95 | 0.11


Question: In which quarter of 2019 was the high price greater than $40.00?
Answer: First Quarter, Second Quarter
Calculation: Locate and analyze high in column 2
The following table summarizes information regarding shares of common stock granted and vested (in thousands, except per common stock amounts):
As of December 31, 2019, there was $0.2 million of total unrecognized compensation cost, net of actual forfeitures, related to nonvested common stock. This cost is expected to be recognized over a weighted average period of 4.2 years.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Number of shares of common stock granted | 16 | 16 | 13
Weighted average grant-date fair value per common stock | $29.10 | $28.48 | $30.49
Fair value of common stock vested | $320 | $315 | $334
Cash used to settle the obligation | $366 | $804 | $1,134


Question: In which year was the Weighted average grant-date fair value per common stock the smallest?
Answer: 2018
Calculation: $28.48<$29.10<$30.49