hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
WebLife Balance, Inc.
On November 30, 2017 (the “WebLife Acquisition Date”), pursuant to the terms of a merger agreement, the Company acquired all shares of WebLife Balance, Inc. (“WebLife”), a browser isolation offerings vendor, to extend its advanced threat protection capabilities into personal email, while preserving the privacy of its users.
The Company has estimated fair values of acquired tangible assets, intangible assets and liabilities at the WebLife Acquisition Date. The results of operations and the fair values of the acquired assets and liabilities assumed have been included in the accompanying consolidated financial statements since the WebLife Acquisition Date.
At the WebLife Acquisition Date, the consideration transferred was $48,765, net of cash acquired of $278.
Per the terms of the merger agreement, unvested stock options held by WebLife employees were canceled and exchanged for the Company’s unvested awards. The fair value of $333 of these unvested options was attributed to pre-combination service and included in consideration transferred. The fair value of $1,468 was allocated to post-combination services. The unvested awards are subject to the recipient’s continued service with the Company, and $1,468 is recognized ratably as stock-based compensation expense over the required remaining service period. Also, as part of the merger agreement, 107 shares of the Company’s common stock were deferred for certain key employees with the total fair value of $9,652 (see Note 11 “Equity Award Plans”), which was not included in the purchase price. The deferred shares are subject to forfeiture if employment terminates prior to the lapse of the restrictions, and their fair value is expensed as stock-based compensation expense over the remaining period.
Proofpoint, Inc. Notes to Consolidated Financial Statements (Continued) (dollars and share amounts in thousands, except per share amounts)
The following table summarizes the fair values of tangible assets acquired, liabilities assumed, intangible assets and goodwill:
Table:
 |  | Estimated
 |  | Useful Life
 | Fair value | (in years)
Current assets | $534 | N/A
Fixed assets | 23 | N/A
Liabilities | (88) | N/A
Deferred revenue | (700) | N/A
Customer relationships | 600 | 5
Core/developed technology | 16,600 | 5
Deferred tax liability, net | (4,440) | N/A
Goodwill | 36,514 | Indefinite
 | $49,043 | 


Question: What is the total fair value of all tangible assets?
Answer: 557
Calculation: $534 + 23
Indefinite-lived Intangible Assets
Indefinite-lived intangible assets consist entirely of acquired in-process research and development technology, or IPR&D. The following table sets forth the Company’s activities related to the indefinite-lived intangible assets:
The Company performs its annual assessment of indefinite-lived intangible assets on October 31 each year or more frequently if events or changes in circumstances indicate that the asset might be impaired utilizing a qualitative test as a precursor to the quantitative test comparing the fair value of the assets with their carrying amount. Based on the qualitative test, if it is more likely than not that indicators of impairment exists, the Company proceeds to perform a quantitative analysis. Based on the Company’s assessment as of October 31, 2019, no indicators of impairment were identified.
In the years ended December 31, 2019 and 2018, no IPR&D impairment losses were recorded. In the year ended December 31, 2017, the Company recognized impairment losses of $2.0 million related to the Company's abandonment of a single IPR&D project.
Table:
Years Ended December 31, |  | 
 | 2019 | 2018
(in thousands) |  | 
Beginning balance | $4,400 | $4,400
Transfers to developed technology from IPR&D | (4,400) | —
Ending balance | $— | $4,400


Question: When does the company perform its annual assessment?
Answer: October 31
Segments
We are organized into two reportable operating segments: OLS and ILS. While both segments deliver cost-effective, highly reliable photonics solutions, OLS is focused on high performance laser sources and complex optical sub-systems, typically used in microelectronics manufacturing, medical diagnostics and therapeutic applications, as well as in scientific research. ILS delivers high performance laser sources, sub-systems and tools primarily used for industrial laser materials processing, serving important end markets like automotive, machine tool, consumer goods and medical device manufacturing.
The following table sets forth, for the periods indicated, the amount of net sales and their relative percentages of total net sales by segment (dollars in thousands):
Net sales for fiscal 2019 decreased $471.9 million, or 25%, compared to fiscal 2018, with decreases of $372.8 million, or 30%, in our OLS segment and decreases of $99.1 million, or 15%, in our ILS segment. The fiscal 2019 decreases in both OLS and ILS segment sales included decreases due to the unfavorable impact of foreign exchange rates.
The decrease in our OLS segment sales in fiscal 2019 was primarily due to weaker demand resulting in lower shipments of ELA tools used in the flat panel display market and lower revenues from consumable service parts.
The decrease in our ILS segment sales from fiscal 2018 to fiscal 2019 was primarily due to lower sales for materials processing and microelectronics applications, partially offset by higher sales for medical and military applications within the OEM components and instrumentation market.
Table:
 | Fiscal 2019 |  | Fiscal 2018 | 
 | Amount | Percentage of total net sales | Amount | Percentage of total net sales
OEM Laser Sources (OLS) | $886,676 | 62.0% | $1,259,477 | 66.2%
Industrial Lasers & Systems (ILS) | 543,964 | 38.0% | 643,096 | 33.8%
Total | $1,430,640 | 100.0% | $1,902,573 | 100.0%


Question: What led to the decrease in the OLS segment in 2019?
Answer: primarily due to weaker demand resulting in lower shipments of ELA tools used in the flat panel display market and lower revenues from consumable service parts.
Other intangible assets were comprised of:
Amortization expense of other intangible assets was $364.7, $316.5, and $294.3 during the years ended December 31, 2019, 2018 and 2017, respectively. Amortization expense is expected to be $400 in 2020, $383 in 2021, $379 in 2022, $347 in 2023 and $321 in 2024.
Table:
 | Cost | Accum. amort. | Net book value
Assets subject to amortization: |  |  | 
Customer related intangibles | $3,926.8 | $(1,083.6) | $  2,843.2
Unpatented technology | 504.0 | (199.5) | 304.5
Software | 172.0 | (93.2) | 78.8
Patents and other protective rights | 9.7 | (7.5) | 2.2
Trade names | 7.3 | (2.8) | 4.5
Assets not subject to amortization: |  |  | 
Trade names | 608.9 | — | 608.9
Balances at December 31, 2018 | $  5,228.7 | $(1,386.6) | $  3,842.1
Assets subject to amortization: |  |  | 
Customer related intangibles | $  4,955.4 | $(1,349.4) | $  3,606.0
Unpatented technology | 613.0 | (279.6) | 333.4
Software | 172.2 | (111.5) | 60.7
Patents and other protective rights | 12.0 | (8.0) | 4.0
Trade names | 7.9 | (4.1) | 3.8
Assets not subject to amortization: |  |  | 
Trade names | 659.8 | — | 659.8
Balances at December 31, 2019 | $ 6,420.3 | $(1,752.6) | $ 4,667.7


Question: What is the percentage change in the cost of customer-related intangible assets in 2019 compared to 2018?
Answer: 26.19
Calculation: (4,955.4-3,926.8)/3,926.8
Selected financial data
Unaudited information
The selected financial data shown below include the results of Vodafone India as discontinued operations in all years following the agreement to combine it with Idea Cellular.
Notes: 1 See note 8 to the consolidated financial statements, “Earnings per share”. Earnings and dividends per ADS is calculated by multiplying earnings per ordinary share by ten, the number of ordinary shares per ADS.
2 On 19 February 2014, we announced a “6 for 11” share consolidation effective 24 February 2014. This had the effect of reducing the number of shares in issue from 52,821,751,216 ordinary shares (including 4,351,833,492 ordinary shares held in Treasury) as at the close of business on 18 February 2014 to 28,811,864,298 new ordinary shares in issue immediately after the share consolidation on 24 February 2014.
3 The final dividend for the year ended 31 March 2019 was proposed by the Directors on 14 May 2019 and is payable on 2 August 2019 to holders of record as of 7 June 2019. The total dividends have been translated into US dollars at 31 March 2019 for purposes of the above disclosure but the dividends are payable in US dollars under the terms of the ADS depositary agreement.
Table:
At/for the year ended 31 March | 2019 | 2018 | 2017 | 2016 | 2015
Consolidated income statement data (€m) |  |  |  |  | 
Revenue | 43,666 | 46,571 | 47,631 | 49,810 | 48,385
Operating (loss)/profit | (951) | 4,299 | 3,725 | 1,320 | 2,073
(Loss)/profit before taxation | (2,613) | 3,878 | 2,792 | (190) | 1,734
(Loss)/profit for financial year from continuing operations | (4,109) | 4,757 | (1,972) | (5,127) | 7,805
(Loss)/profit for the financial year | (7,644) | 2,788 | (6,079) | (5,122) | 7,477
Consolidated statement of financial position data (€m) |  |  |  |  | 
Total assets | 142,862 | 145,611 | 154,684 | 169,107 | 169,579
Total equity | 63,445 | 68,607 | 73,719 | 85,136 | 93,708
Total equity shareholders’ funds | 62,218 | 67,640 | 72,200 | 83,325 | 91,510
Earnings per share1,2 |  |  |  |  | 
Weighted average number of shares (millions) |  |  |  |  | 
– Basic | 27,607 | 27,770 | 27,971 | 26,692 | 26,489
– Diluted | 27,607 | 27,857 | 27,971 | 26,692 | 26,629
Basic (loss)/earnings per ordinary share | (29.05)c | 8.78c | (22.51)c | (20.25)c | 27.48c
Diluted (loss)/earnings per ordinary share | (29.05)c | 8.76c | (22.51)c | (20.25)c | 27.33c
Basic (loss)/earnings per share from continuing operations | (16.25)c | 15.87c | (7.83)c | (20.27)c | 28.72c
Cash dividends1,3 |  |  |  |  | 
Amount per ordinary share (eurocents) | 9.00c | 15.07c | 14.77c | – | –
Amount per ADS (eurocents) | 9.00c | 15.07c | 147.7c | – | –
Amount per ordinary share (pence) | – | – | – | 11.45p | 11.22p
Amount per ADS (pence) | – | – | – | 114.5p | 111.2p
Amount per ordinary share (US cents) | 10.10c | 17.93c | 18.52c | 16.49c | 16.65c
Amount per ADS (US cents) | 10.10c | 179.3c | 182.5c | 164.9c | 166.5c


Question: What financial items does the consolidated income statement data comprise of?
Answer: Revenue, Operating (loss)/profit, (Loss)/profit before taxation, (Loss)/profit for financial year from continuing operations, (Loss)/profit for the financial year
Net revenue: Net revenue from our Energy segment for the year ended December 31, 2019 increased $18.3 million to $39.0 million from $20.7 million for the year ended December 31, 2018. The increase was primarily driven by the AFTC related to the 2018 and 2019 CNG sales that was recognized in the fourth quarter of 2019, inclusive of prior period AFTC at the acquired ampCNG stations which was also recognized in 2019. The increase was also driven by higher volume-related revenues from the recent acquisition of the ampCNG stations and growth in CNG sales volumes.
Cost of revenue: Cost of revenue from our Energy segment for the year ended December 31, 2019 increased $5.9 million to $17.1 million from $11.2 million for the year ended December 31, 2018. The increase was due to overall growth in volumes of gasoline gallons delivered and higher commodity and utility costs driven by the acquisition of ampCNG stations.
Selling, general and administrative: Selling, general and administrative expenses from our Energy segment for the year ended December 31, 2019 increased $0.9 million to $4.9 million from $4.0 million for the year ended December 31, 2018. The increase was driven by an increase in salaries and benefits largely due to the of the acquisition of ampCNG stations, which were acquired late in the second quarter of 2019, partially offset by a one-time expense in the prior year related to the abandonment of a station development project.
Depreciation and amortization from our Energy segment for the year ended December 31, 2019 increased $1.4 million to $6.9 million from $5.5 million for the year ended December 31, 2018. The increase was due to additional depreciation and amortization from the recent acquisition of ampCNG stations.
Other operating expense from our Energy segment was a loss of $0.5 million for the year ended December 31, 2018, driven by impairment of certain stations during the fourth quarter of 2018.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | Increase / (Decrease)
Net revenue | $39.0 | $20.7 | $18.3
Cost of revenue | 17.1 | 11.2 | 5.9
Selling, general and administrative | 4.9 | 4.0 | 0.9
Depreciation and amortization | 6.9 | 5.5 | 1.4
Other operating expense | — | 0.5 | (0.5)
Income (loss) from operations | 10.1 | $(0.5) | $10.6


Question: What was the percentage increase / (decrease) in the net revenue from 2018 to 2019?
Answer: 88.41
Calculation: 39.0 / 20.7 - 1
13. Loss per Share
The following data shows the amounts used in computing loss per share and the effect on earnings and the weighted average number of shares of dilutive potential common shares.
Basic earnings (loss) per share is computed as net income available to common shareholders divided by the weighted average basic shares outstanding. The outstanding shares used to calculate the weighted average basic shares excludes 300,437, 334,817 and 490,355 of restricted shares and performance shares at March 31, 2019, 2018 and 2017, respectively, as these shares were issued but were not vested and, therefore, not considered outstanding for purposes of computing basic earnings per share at the balance sheet dates.
Diluted earnings (loss) per share includes the effect of all potentially dilutive securities on earnings per share. We have stock options, stock-settled appreciation rights ("SSARs"), unvested restricted shares and unvested performance shares that are potentially dilutive securities. When a loss is reported, the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of sharebased compensation awards because doing so would be anti-dilutive.
In addition, when a net loss is reported, adjusting the denominator of diluted earnings per share would also be anti-dilutive to the loss per share, even if the entity has net income after adjusting for a discontinued operation. Therefore, for all periods presented, basic weighted-average shares outstanding were used in calculating the diluted net loss per share.
Table:
 |  | Year ended March 31, | 
(In thousands, except per share data) | 2019 | 2018 | 2017
Numerator: |  |  | 
Net loss | $(13,164) | $(8,350) | $(11,721)
Denominator: |  |  | 
Weighted average shares outstanding - basic and diluted | 23,037 | 22,801 | 22,615
Loss per share - basic and diluted: |  |  | 
Net loss per share-basic and diluted | $(0.57) | $(0.37) | $(0.52)
Anti-dilutive stock options, SSARs, restricted shares and performance shares | 1,433 | 756 | 1,004


Question: What was the percentage increase / (decrease) in Weighted average shares outstanding - basic and diluted from 2018 to 2019?
Answer: 1.04
Calculation: 23,037 / 22,801 - 1
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
The components of the prepaid (accrued) cost of the domestic and foreign pension plans are classified in the following lines in the Consolidated Balance Sheets at December 31:
Table:
 | U.S.Pension Plans |  | Non-U.S. Pension Plans | 
 | 2019 | 2018 | 2019 | 2018
Prepaid pension asset | $62,082 | $54,100 | $— | $—
Accrued expenses and other liabilities | (100) | (100) | — | —
Long-term pension obligations | (1,045) | (992) | (1,214) | (1,331)
Net prepaid (accrued) cost | $60,937 | $53,008 | $(1,214) | $(1,331)


Question: What was the change in the Prepaid pension asset for U.S Pension Plans between 2018 and 2019?
Answer: 7982
Calculation: 62,082-54,100
Deferred Revenues
Deferred revenues consist primarily of prepayments for license fees, and other products or services for which we have been paid in advance, and earn the revenue when we transfer control of the product or service. Deferred revenues may also include upfront payments for consulting services to be performed in the future, such as non-recurring engineering services.
We defer license fees until we have met all accounting requirements for revenue recognition, which is when a license is made available to a customer and that customer has a right to use the license. Engineering development fee revenues are deferred until engineering services have been completed and accepted by our customers. We defer AirBar and sensor modules revenues until distributors sell the products to their end customers
Under U.S. GAAP, companies may make reasonable aggregations and approximations of returns data to accurately estimate returns. Our AirBar and sensor module returns and warranty experience to date has enabled us to make reasonable returns estimates, which are supported by the fact that our product sales involve homogenous transactions. The reserve for future sales returns is recorded as a reduction of our accounts receivable and revenue and was insignificant as of December 31, 2019 and 2018.
The following table presents our deferred revenues by source (in thousands);
Table:
 | Years ended December 31, | 
 | 2019 | 2018
Deferred license fees revenues | $28 | $-
Deferred NRE revenues | 20 | -
Deferred AirBar revenues | 6 | 59
Deferred sensor modules revenues | 13 | 16
 | $67 | $75


Question: What do deferred revenues primarily consist of? 
Answer: prepayments for license fees, and other products or services for which we have been paid in advance, and earn the revenue when we transfer control of the product or service
Fair values of financial assets and financial liabilities
Fair values of financial assets and liabilities at 31st December 2019 are not materially different from book values due to their size or the fact that they were at short-term rates of interest. Fair values have been assessed as follows:
• Derivatives Forward exchange contracts are marked to market by discounting the future contracted cash flows using readily available market data
• Interest-bearing loans and borrowings Fair value is calculated based on discounted expected future principal and interest cash flows.
• Lease liabilities The fair value is estimated as the present value of future cash flows, discounted at the incremental borrowing rate for the related geographical location unless the rate implicit in the lease is readily determinable.
• Trade and other receivables/payables For receivables/payables with a remaining life of less than one year, the notional amount is deemed to reflect the fair value.
The following table compares amounts and fair values of the Group’s financial assets and liabilities:
There are no other assets or liabilities measured at fair value on a recurring or non-recurring basis for which fair value is disclosed.
Derivative financial instruments are measured at fair value. Fair value of derivative financial instruments are calculated based on discounted cash flow analysis using appropriate market information for the duration of the instruments.
Table:
 | 2019 Fair value | 2019 Carrying value | 2018 Carrying value | 2018 Fair value
 | £m | £m | £m | £m
Financial assets: |  |  |  | 
Cash and cash equivalents | 168.5 | 168.5 | 187.1 | 187.1
Trade, other receivables and contract assets | 263.4 | 263.4 | 264.9 | 264.9
Total financial assets | 431.9 | 431.9 | 452.0 | 452.0


Question: What are the components under financial assets?
Answer: Cash and cash equivalents, Trade, other receivables and contract assets
8. Deferred Revenue
Deferred revenue consisted of the following:
Table:
 | December 31, | 
 | 2019 | 2018
Current: |  | 
Domains | $752.7 | $686.3
Hosting and presence | 526.7 | 483.3
Business applications | 265.0 | 224.1
 | $1,544.4 | $1,393.7
Noncurrent: |  | 
Domains | $382.2 | $365.8
Hosting and presence | 187.2 | 180.6
Business applications | 85.0 | 77.4
 | $ 654.4 | $623.8


Question: What is the average total non-current deferred revenue for 2018 and 2019?
Answer: 639.1
Calculation: (654.4+623.8)/2
AMERICAN TOWER CORPORATION AND SUBSIDIARIES SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (dollars in millions)
(7) Primarily includes foreign currency exchange rate fluctuations and other deductions.
Table:
 | 2019 | 2018 | 2017
Gross amount of accumulated depreciation at beginning | $(5,724.7) | $(5,181.2) | $(4,548.1)
Additions during period: |  |  | 
Depreciation | (768.4) | (751.4) | (718.7)
Other | — | — | —
Total additions | (768.4) | (751.4) | (718.7)
Deductions during period: |  |  | 
Amount of accumulated depreciation for assets sold or disposed | 121.4 | 129.3 | 100.7
Other (7) | (10.5) | 78.6 | (15.1)
Total deductions | 110.9 | 207.9 | 85.6
Balance at end | $(6,382.2) | $(5,724.7) | $(5,181.2)


Question: What was the total additions in 2017?
Answer: (718.7)
NET INCOME (LOSS) PER COMMON SHARE
Basic net income (loss) per common share is based upon the weighted-average number of common shares outstanding. Diluted net income (loss) per common share is based on the weighted-average number of common shares outstanding and potentially dilutive common shares outstanding and computed as follows:
* For the twelve months ended December 31, 2018, the diluted earnings per common share included the weighted average effect of 215,196 unvested Restricted Stock Units and 716,661 stock options that are potentially dilutive to earnings per share since the exercise price of such securities was less than the average market price during the period. For the twelve months ended December 31, 2017, the diluted earnings per common share included 438,712 unvested Restricted Stock Units and the weighted average effect of 477,048 stock options that are potentially dilutive to earnings per share since the exercise price of such securities was less than the average market price during the period.
Table:
 |  | Years Ended | 
 |  | December 31, | 
 | 2019 | 2018 | 2017
 |  | (In thousands, except share and per share data) | 
Numerator: |  |  | 
Net income (loss) attributable to common stockholders | $(16,490) | $19,813 | $17,929
Denominator: |  |  | 
Weighted-average common shares, basic | 27,618,284 | 27,484,655 | 25,353,966
Weighted-average common shares, diluted* | 27,618,284 | 28,416,512 | 26,269,727
Net income (loss) per common share: |  |  | 
Basic: | $(0.60) | $0.72 | $0.71
Diluted: | $(0.60) | $0.70 | $0.68


Question: What is the number of potentially dilutive stock options as a percentage of the total Weighted-average common shares, diluted in 2018?
Answer: 2.52
Calculation: 716,661/28,416,512
Original Equipment Manufacturers (“OEM”) are the end-customers to which we provide direct marketing application engineering support, while Distribution customers refers to the distributors and representatives that we engage to distribute our products around the world.
By market channel, our fourth quarter revenues in Distribution amounted to 28% of our total revenues, flat compared to the previous quarter and decreasing on a year-over-year basis.
Table:
 |  | Three Months Ended | 
 | December 31, 2019 | September 29, 2019 | December 31, 2018
 |  | (Unaudited, in %) | 
OEM | 72% | 72% | 69%
Distribution | 28 | 28 | 31
Total | 100% | 100% | 100%


Question: What is the increase/ (decrease) in OEM from the period December 31, 2018 to 2019?
Answer: 3
Calculation: 72-69