hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Retail TV
(1) As of January 1, 2019, we are no longer reporting wholesale subscribers in our TV subscriber base reflecting our focus on the retail market. Consequently, we restated previously reported 2018 subscribers for comparability.
Retail IPTV net subscriber activations decreased by 17.4% in 2019, compared to last year, resulting from the impact of a maturing Fibe TV market, slower new service footprint growth and greater substitution of traditional TV services with OTT services, partly offset by higher Alt TV activations.
Retail satellite TV net customer losses improved by 4.3% compared to 2018, attributable to lower deactivations, reflecting a more mature subscriber base geographically better-suited for satellite TV service.
Total retail TV net subscriber activations (IPTV and satellite TV combined) decreased by 71.9% in 2019, compared to last year, due to lower IPTV net activations, moderated by fewer satellite TV net losses.
Retail IPTV subscribers at December 31, 2019 totaled 1,767,182, up 5.5% from 1,675,706 subscribers reported at the end of 2018.
Retail satellite TV subscribers at December 31, 2019 totaled 1,005,282, down 7.8% from 1,090,705 subscribers at the end of last year.
Total retail TV subscribers (IPTV and satellite TV combined) at December 31, 2019 were 2,772,464, representing a 0.2% increase since the end of 2018.
Table:
 | 2019 | 2018 | CHANGE | % CHANGE
Retail net subscriber activations (losses) (1) | 6,053 | 21,559 | (15,506) | (71.9%)
IPTV | 91,476 | 110,790 | (19,314) | (17.4%)
Satellite | (85,423) | (89,231) | 3,808 | 4.3%
Total retail subscribers (1) | 2,772,464 | 2,766,411 | 6,053 | 0.2%
IPTV | 1,767,182 | 1,675,706 | 91,476 | 5.5%
Satellite | 1,005,282 | 1,090,705 | (85,423) | (7.8%)


Question: What is the change in the number of IPTV retail subscribers in 2019?
Answer: 91476
Calculation: 1,767,182-1,675,706
Discontinued Operations
Year Ended December 31, 2019 Compared with the Years Ended December 31, 2018 and 2017
On December 31, 2018, we sold all of the Class A Common Units of Netsmart owned by the Company. Prior to the sale, Netsmart comprised a separate reportable segment, which due to its significance to our historical consolidated financial statements and results of operations, is now reported as a discontinued operation as a result of the sale for all periods presented. The loss from discontinued operations represents the net of losses incurred by Netsmart for the years ended December 31, 2018 and 2017 partly offset by earnings attributable to two solutions acquired during the fourth quarter of 2017 as part of the EIS Business that we no longer support effective as of March 31, 2018. Refer to Note 17, “Discontinued Operations” to our consolidated financial statements included in Part II, Item 8, “Financial Statements and Supplementary Data” of this Form 10-K for additional information regarding discontinued operations.
Table:
 | Year Ended December 31, |  |  | 2019 % | 2018 %
(In thousands) | 2019 | 2018 | 2017 | Change from 2018 | Change from 2017
Loss from discontinued operations | $ 0 | $(72,836) | $(11,915) | (100.0%) | NM
Gain on sale of Netsmart | $ 0 | 500,471 | 0 | (100.0%) | NM
Income tax effect on discontinued operations | $ 0 | (32,497) | 42,263 | (100.0%) | (176.9%)
Income (loss) from discontinued operations, net of tax | $ 0 | $395,138 | $30,348 | (100.0%) | NM


Question: What does the loss from discounted operations represent?
Answer: the net of losses incurred by Netsmart for the years ended December 31, 2018 and 2017 partly offset by earnings attributable to two solutions acquired during the fourth quarter of 2017 as part of the EIS Business that we no longer support effective as of March 31, 2018.
A discussion of operating income by reportable segment is presented below (in millions):
AMER. Operating income increased $19.2 million in fiscal 2019 as compared to fiscal 2018, primarily as a result of the increase in net sales and a positive shift in customer mix, partially offset by increased fixed costs to support new program ramps.
APAC. Operating income decreased $5.7 million in fiscal 2019 as compared to fiscal 2018, primarily as a result of a negative shift in customer mix and increased fixed costs to support new program ramps, partially offset by the increase in net sales.
EMEA. Operating income increased $3.0 million in fiscal 2019 as compared to fiscal 2018 primarily as a result of the increase in net sales and a positive shift in customer mix, partially offset by increased fixed costs to support new program ramps.
Other expense. Other expense for fiscal 2019 increased $5.4 million as compared to fiscal 2018. The increase in other expense for fiscal 2019 was primarily due to a $2.7 million decrease in interest income as a result of lower cash balances and a $1.5 million increase in factoring fees related to the Company's accounts receivable sale programs.
Table:
 | 2019 | 2018
Operating income (loss): |  | 
AMER  | $57.8 | $38.6
APAC  | 208.2 | 213.9
EMEA  | 4.5 | 1.5
Corporate and other costs  | (128.4) | (135.7)
Total operating income | $142.1 | $118.3


Question: What was the difference in operating income in 2019 between APAC and AMER?
Answer: 150.4
Calculation: 208.2-57.8
NOTE 15. ACCRUED EXPENSES AND OTHER PAYABLES
Accrued expenses and other payables consist of the following:
Personnel-related items comprise accrued management bonuses, accrued vacation days, accrued wage tax, social securities and pension premiums. Deferred revenue consists of the revenue relating to the undelivered elements of the arrangements, see Note 21 for more information. This part of revenue is deferred at their relative selling prices until delivery of these elements. Other includes accruals for VAT, other taxes and invoices to be received for goods and services.
Table:
 | December 31, | 
 | 2018 | 2019
Personnel-related items | 32,636 | 45,318
Deferred revenue | 28,255 | 32,146
Financing related items | – | 3,912
Current portion of lease liabilities | – | 7,002
Advanced payments from customers | 25,382 | 47,601
Supplier related items | 1,828 | 2,175
Marketing related items | 1,049 | 1,365
R&D projects | 1,209 | 1,109
Other | 8,634 | 9,215
Total accrued expenses and other payables | 98,993 | 149,843


Question: What does "Other" include in the table?
Answer: accruals for VAT, other taxes and invoices to be received for goods and services
Loss per share
Basic loss per share are computed based on the weighted average number of common shares outstanding during the period. Diluted earnings/loss per share reflect the dilutive impact of outstanding stock options and restricted stock awards. Included in the weighted average shares outstanding is the share consideration in connection with the Restaurant Magic Acquisition (See Note 2 - Acquisitions) in the amount of 908,192 for the period after the close of the transaction. The shares were issued in January 2020, however, no contingencies existed as of the date of the acquisition.
The following is a reconciliation of the weighted average shares outstanding for the basic and diluted loss per share computations (in thousands, except share and per share data):
At December 31, 2019 and 2018 there were 383,000 and 750,000 incremental shares, respectively, from the assumed exercise of stock options that were excluded from the computation of diluted earnings per share because of the anti-dilutive effect on earnings per share. There were 308,000 restricted stock awards excluded from the computation of diluted earnings per share for the fiscal year ended 2019 and 113,000 for the fiscal year ended 2018.
Table:
 | 2019 | 2018
Net Loss | $(15,571) | $(24,122)
Basic: |  | 
Weighted average shares outstanding at beginning of year | 16,041 | 15,949
Weighted average shares issued during the year, net | 182 | 92
Weighted average common shares, basic | 16,223 | 16,041
Loss from per common share, basic | $(0.96) | $(1.50)
Diluted: |  | 
Weighted average common shares, basic | 16,223 | 16,041
Dilutive impact of stock options and restricted stock awards | — | —
Weighted average common shares, diluted | 16,223 | 16,041
Loss per common share, diluted | $ (0.96) | $ (1.50)


Question: How much was the incremental shares at December 31, 2019 and 2018 respectively?
Answer: 383,000, 750,000
17. Personnel expenses
Personnel expenses can be broken down as follows:
Wages and salaries include expenses relating to restructuring measures and severance payments of €23 million (2017/18: €19 million). The variable remuneration rose from €52 million in financial year 2017/18 to €81 million in financial year 2018/19. Wages and salaries also include expenses for long-term remuneration components totalling €7 million (2017/18: €16 million).
Table:
€ million | 2017/2018 | 2018/2019
Wages and salaries | 2,173 | 2,264
Social security expenses, expenses for post-employment benefits and related employee benefits | 552 | 552
thereof for post-employment benefits | (43) | (41)
 | 2,725 | 2,816


Question: What do wages and salaries include?
Answer: expenses relating to restructuring measures and severance payments of €23 million (2017/18: €19 million)
Item 10. Directors, Executive Officers and Corporate Governance
Executive Officers of the Registrant
The following table sets forth information concerning the executive officers of Loral as of March 12, 2020.
The remaining information required under Item 10 will be presented in the Company’s 2020 definitive proxy statement which is incorporated herein by reference or by amendment to this Annual Report on Form 10‐K.
Table:
Name | Age | Position
Avi Katz | 61 | President, General Counsel and Secretary since December 2012. Senior Vice President, General Counsel and Secretary from January 2008 to December 2012.
John Capogrossi | 66 | Vice President, Chief Financial Officer and Treasurer since January 2016. Vice President, Chief Financial Officer, Treasurer and Controller from March 2013 to January 2016. Vice President and Controller from January 2008 to March 2013.
Ravinder S. Girgla | 56 | Vice President and Controller since January 2016. Deputy Controller from February 2013 to January 2016. Assistant Controller from July 2008 to February 2013.


Question: What is the average age of the company's executive officers?
Answer: 61
Calculation: (61 + 66 + 56)/3
Cost of Revenues and Gross Margin
Cost of revenues in 2019 decreased by $4.3 million, or 16%, as compared to 2018. The decrease was primarily driven by a reduction in the number of global services and cloud infrastructure personnel, which led to a decrease of $2.2 million in compensation and benefits expense, including stock-based compensation expense, as compared to 2018. This reduction in headcount also contributed to a decrease in allocated facilities and information technology costs of $0.5 million in 2019. We also experienced a decrease of $0.9 million in hosting costs in 2019, due to a decline in the usage of our hosted platform as compared to 2018. Additionally, depreciation decreased $0.5 million in 2019, due to the nature and timing of capital expenditures and internal projects as compared to 2018.
Our gross margin decreased to 53% during 2019, as compared to 54% during 2018. This was primarily due to our revenues, net declining during the year at a slightly faster rate than the corresponding decrease in costs.
Table:
 | Years Ended December 31, |  | Change | 
 | 2019 | 2018 | $ | %
 |  | (dollars in thousands) |  | 
Cost of revenues | $22,843 | $27,154 | $(4,311) | (16)%
Gross profit | 26,193 | 31,477 | (6,284) | (17)
Gross margin | 53% | 54% |  | 


Question: How much did the cost of revenues decreased by?
Answer: $4.3 million
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 percentage change in the Cost of living indexation rate for post-employment benefit obligations?
Answer: 0
Calculation: 1.6%-1.6%
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 customers from Taiwan from 2018 to 2019?
Answer: 0
Calculation: 36.4% - 36.4%
13. EARNINGS (LOSS) PER SHARE
Basic earnings per share (“EPS”) are computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted-average number of common shares and dilutive common stock equivalents outstanding during the period.
On March 29, 2019, the Company launched an ATM program of our common shares for up to $40.0 million. The Company has issued 5,260,968 shares with net proceeds of $17.9 million under its At-the-Market as of December 31, 2019. The Company has not issued any shares subsequent to the balance sheet date.
The remaining available proceeds through the offering is $21.4 million as of the date of this report. Based on the share price of the Company of $3.47 per share as of April 3, 2020 it would have resulted in 6,173,500 new shares being issued, if fully utilizing the remaining balance available through the ATM.
Table:
All figures in USD except number of shares and earnings (loss) per common share | 2019 | 2018 | 2017
Numerator:       |  |  | 
Net Loss   | (10,352) | (95,306) | (204,969)
Denominator:             |  |  | 
Basic - Weighted Average Common Shares Outstanding   | 142,571,361 | 141,969,666 | 103,832,680
Dilutive – Weighted Average Common Shares Outstanding   | 142,571,361 | 141,969,666 | 103,832,680
Loss per Common Share:             |  |  | 
Basic   | (0.07) | (0.67) | (1.97)
Diluted   | (0.07) | (0.67) | (1.97)


Question: What are the respective basic weighted average common shares outstanding in 2018 and 2019?
Answer: 141,969,666, 142,571,361
devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) debt maturities as of december 31 , 2012 , excluding premiums and discounts , are as follows ( in millions ) : .

Table:
2013 | $ 3189
2014 | 500
2015 | 2014
2016 | 500
2017 | 750
2018 and thereafter | 6725
total | $ 11664
credit lines devon has a $ 3.0 billion syndicated , unsecured revolving line of credit ( the 201csenior credit facility 201d ) .
the senior credit facility has an initial maturity date of october 24 , 2017 .
however , prior to the maturity date , devon has the option to extend the maturity for up to two additional one-year periods , subject to the approval of the lenders .
amounts borrowed under the senior credit facility may , at the election of devon , bear interest at various fixed rate options for periods of up to twelve months .
such rates are generally less than the prime rate .
however , devon may elect to borrow at the prime rate .
the senior credit facility currently provides for an annual facility fee of $ 3.8 million that is payable quarterly in arrears .
as of december 31 , 2012 , there were no borrowings under the senior credit facility .
the senior credit facility contains only one material financial covenant .
this covenant requires devon 2019s ratio of total funded debt to total capitalization , as defined in the credit agreement , to be no greater than 65 percent .
the credit agreement contains definitions of total funded debt and total capitalization that include adjustments to the respective amounts reported in the accompanying financial statements .
also , total capitalization is adjusted to add back noncash financial write-downs such as full cost ceiling impairments or goodwill impairments .
as of december 31 , 2012 , devon was in compliance with this covenant with a debt-to- capitalization ratio of 25.4 percent .
commercial paper devon has access to $ 5.0 billion of short-term credit under its commercial paper program .
commercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing .
the interest rate is generally based on a standard index such as the federal funds rate , libor , or the money market rate as found in the commercial paper market .
as of december 31 , 2012 , devon 2019s weighted average borrowing rate on its commercial paper borrowings was 0.37 percent .
other debentures and notes following are descriptions of the various other debentures and notes outstanding at december 31 , 2012 , as listed in the table presented at the beginning of this note. .

Question: as of december 31 , 2012 what was the ratio of the devon debt maturities in 2013 compared to 2014
Answer: 6.4
Calculation: divide(3189, 500)
Trade Receivables, Net
The carrying amounts reported in the Consolidated Balance Sheets for Trade receivables, net approximate their fair value because of their short-term nature.
A summary of Trade receivables, net of allowance for doubtful accounts is as follows (in millions):
In addition to the amounts above, we have unbilled receivables that we do not expect to collect within the next year included in Other non-current assets in our Consolidated Balance Sheets. Billings for these receivables are based on contractual terms. Refer to Note 11 — Other Non-Current Assets.
Table:
 | December 31, | 
 | 2019 | 2018
Trade receivables — billed | $136.6 | $136.6
Trade receivables — unbilled | 39.8 | 37.0
Trade receivables | 176.4 | 173.6
Allowance for doubtful accounts | (1.3) | (1.3)
Trade receivables, net | $175.1 | $172.3


Question: What were the trade receivables in 2019?
Answer: 176.4
Significant Suppliers
We purchase a significant amount of our inventory from certain manufacturers or suppliers including components, assemblies and electronic manufacturing parts. The inventory is purchased under standard supply agreements that outline the terms of the product delivery. The title and risk of loss of the product generally pass to us upon shipment from the manufacturers’ plant or warehouse. Some of these manufacturers accounted for more than 10% of our purchases and accounts payable as follows:
We are currently reliant upon these suppliers for products. Although we believe that we can obtain products from other sources, the loss of a significant supplier could have a material impact on our financial condition and results of operations as the products that are being purchased may not be available on the same terms from another supplier.
Table:
 |  | Year Ended February 28, | 
 | 2019 | 2018 | 2017
Inventory purchases: |  |  | 
Supplier A | 31% | 33% | 34%
Supplier B | 20% | 16% | 14%
Supplier C | 6% | 9% | 11%
 |  | As of February 28, | 
2017 | 2019 | 2018 | 
Accounts Payable: |  |  | 
Supplier A | 30% | 40% | 33%
Supplier B | 18% | 16% | 18%


Question: How is the inventory purchased?
Answer: The inventory is purchased under standard supply agreements that outline the terms of the product delivery.
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
20. SUPPLEMENTAL CASH FLOW INFORMATION
Supplemental cash flow information and non-cash investing and financing activities are as follows for the years ended December 31,:
(1) Related to the note extinguishment with TV Azteca, S.A. de C.V. in 2018.
Table:
 | 2019 | 2018 | 2017
Supplemental cash flow information: |  |  | 
Cash paid for interest | $750.2 | $789.7 | $712.1
Cash paid for income taxes (net of refunds of $11.2, $25.0 and $20.7, respectively) | 147.5 | 163.9 | 136.5
Non-cash investing and financing activities: |  |  | 
(Decrease) increase in accounts payable and accrued expenses for purchases of property and equipment and construction activities | (21.0) | 8.3 | 34.0
Purchases of property and equipment under finance leases, perpetual easements and capital leases | 81.3 | 57.8 | 54.8
Fair value of debt assumed through acquisitions | 329.8 | — | —
Acquisition of Commercialization Rights (1) | — | 24.8 | —
Conversion of third-party debt to equity | — | — | 48.2
Debt financed acquisition of communication sites | — | 54.2 | —


Question: What was the Debt financed acquisition of communication sites in 2018?
Answer: 54.2
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 15 — Shareholders' Equity
A roll forward of common shares outstanding is as follows:
Table:
 | As of December 31, | 
 | 2019 | 2018
Balance at beginning of the year | 32,750,727 | 32,938,466
Repurchases | (420,770) | (342,100)
Restricted stock unit issuances | 142,449 | 154,361
Balance at end of period | 32,472,406 | 32,750,727


Question: Which years does the table provide information for a roll forward of common shares outstanding?
Answer: 2019, 2018
4 Expenses
The Group has identified a number of significant expense items below that impacted financial performance for the year:
(a) Finance costs
Included in finance costs are costs related to unsecured notes on issue and interest expense on lease liabilities.
Refer to note 16 for details on unsecured notes on issue and note 12 for details on interest expense on lease liabilities for the year.
(b) Data centre rent paid to APDC
NEXTDC Limited acquired Asia Pacific Data Centre ("APDC") on 18 October 2018 (refer to note 26). Prior to acquisition, APDC was the landlord of three of NEXTDC’s data centre facilities: M1 Melbourne, S1 Sydney and P1 Perth. For the year ended 30 June 2018, NEXTDC paid rent and ancillary amounts to APDC totalling $13.8 million that was included in the Consolidated Statement of Comprehensive Income in Data centre facility costs. On early adoption of AASB 16 from 1 July 2018, this rent ceased to be a Data centre facility cost, and became a depreciation expense and finance cost, until 18 October 2018, when the three leases were derecognised on acquisition.
(c) APDC acquisition costs
A number of acquisition related costs were incurred as a result of the acquisition of APDC. Refer note 26 for further details.
Table:
 |  | 30 June 2019 | 30 June 2018
 | Note | $'000 | $'000
EXPENSE |  |  | 
Finance costs | 4(a) | (54,897) | (25,803)
Data centre rent paid to APDC (included in Data centre facility costs) | 4(b) | - | (13,785)
APDC transaction costs (included in Professional fees) | 4(c) | (5,459) | -
Landholder duty on acquisition of APDC properties (included in Office and administrative expenses) | 4(c) | (3,498) | -


Question: What was the percentage change in finance costs between 2018 and 2019?
Answer: 112.75
Calculation: ((54,897 - 25,803) / 25,803 ) * 100