hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
The following tables summarize information for operating income (loss), depreciation and amortization, restructuring charges, gain (loss) on write down and disposal of long-lived assets, and capital expenditures by reportable segment for the fiscal years ended 2019, 2018 and 2017 and total assets by reportable segment for the fiscal years ended 2019 and 2018 (amounts in thousands): The following tables summarize information for operating income (loss), depreciation and amortization, restructuring charges, gain (loss) on write down and disposal of long-lived assets, and capital expenditures by reportable segment for the fiscal years ended 2019, 2018 and 2017 and total assets by reportable segment for the fiscal years ended 2019 and 2018 (amounts in thousands):
(1) March 31, 2018 adjusted due to the adoption of ASC 606.
Table:
 | March 31, | 
 | 2019 | 2018
Total assets: |  | 
Solid Capacitors | $794,402 | $704,851
Film and Electrolytic (1) | 219,711 | 240,968
MSA | 234,419 | 254,193
Corporate | 69,563 | 22,911
 | $1,318,095 | $1,222,923


Question: What was the change in total assets in MSA between 2018 and 2019?
Answer: -19774
Calculation: 234,419-254,193
31. NET DEFERRED GAIN (Cont’d)
NetLink Trust (“NLT”) is a business trust established as part of the Info-communications Media Development Authority of Singapore’s effective open access requirements under Singapore’s Next Generation Nationwide Broadband Network.
In prior years, Singtel had sold certain infrastructure assets, namely ducts, manholes and exchange buildings (“Assets”) to NLT. At the consolidated level, the gain on disposal of Assets recognised by Singtel is deferred in the Group’s statement of financial position and amortised over the useful lives of the Assets. The unamortised deferred gain is released to the Group’s income statement when NLT is partially or fully sold, based on the proportionate equity interest disposed.
Singtel sold its 100% interest in NLT to NetLink NBN Trust (the “Trust”) in July 2017 for cash as well as a 24.8% interest in the Trust. Net deferred gains of S$1.10 billion were correspondingly released to the Group’s income statement in the previous financial year upon this sale. Following the divestment, Singtel ceased to own units in NLT but continues to have an interest of 24.8% in the Trust which owns all the units in NLT.

Singtel sold its 100% interest in NLT to NetLink NBN Trust (the “Trust”) in July 2017 for cash as well as a 24.8% interest in the Trust. Net deferred gains of S$1.10 billion were correspondingly released to the Group’s income statement in the previous financial year upon this sale. Following the divestment, Singtel ceased to own units in NLT but continues to have an interest of 24.8% in the Trust which owns all the units in NLT.
Table:
 |  | Group | 
 | 31 March | 31 March | 1 April
 | 2019 | 2018 | 2017
 | S$ Mil | S$ Mil | S$ Mil
Unamortised deferred gain | 446.3 | 452.7 | 1,616.5
Reclassification from ‘Associates’ (see Note 23) | (50.5) | (74.9) | (265.0)
Net deferred gain | 395.8 | 377.8 | 1,351.5
Classified as – |  |  | 
Current | 20.8 | 20.1 | 68.8
Non-current | 375.0 | 357.7 | 1,282.7
 | 395.8 | 377.8 | 1,351.5


Question: In which year was the net deferred gain balance the highest?
Answer: 2017
Calculation: 1,351.5 > 395.8 > 377.8
Earnings Per Share
Basic earnings per share is computed based on the weighted average number of shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share is computed based on the weighted average number of shares outstanding during the period increased by the effect of dilutive employee stock awards, including stock options, restricted stock awards and stock purchase plan contracts, using the treasury stock method.
The following table presents information necessary to calculate basic and diluted earnings per share (in thousands, except per share data):
There were 98,103, 103,547 and 505 potentially dilutive securities excluded from the dilutive share calculation for fiscal 2019, 2018 and 2017, respectively, as their effect was anti-dilutive.
Table:
 |  | Fiscal | 
 | 2019 | 2018 | 2017
Weighted average shares outstanding—basic | 24,118 | 24,572 | 24,487
Dilutive effect of employee stock awards | 161 | 279 | 290
Weighted average shares outstanding—diluted | 24,279 | 24,851 | 24,777
Net income from continuing operations | $53,825 | $247,360 | $208,644
Loss from discontinued operations, net of income taxes | — | (2) | (1,522)
Net income | $53,825 | $247,358 | $207,122


Question: How was basic earnings per share computed?
Answer: based on the weighted average number of shares outstanding during the period, excluding unvested restricted stock
GreenSky, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (United States Dollars in thousands, except per share data, unless otherwise stated)
Disaggregated revenue
Revenue disaggregated by type of service was as follows for the periods presented:
(1) For the year ended December 31, 2019, includes a $30,459 change in fair value of our servicing asset primarily associated with increases to the contractually specified fixed servicing fees for certain Bank Partners. Refer to Note 3 for additional information.
(2) Other revenue includes miscellaneous revenue items that are individually immaterial. Other revenue is presented separately herein in order to clearly present merchant, interchange and servicing fees, which are more integral to our primary operations and better enable financial statement users to calculate metrics such as servicing and merchant fee yields.
No assets were recognized from the costs to obtain or fulfill a contract with a customer as of December 31,
2019 and 2018. We recognized bad debt expense arising from our contracts with customers of $950, $1,294 and
$817 during the years ended December 31, 2019, 2018 and 2017, respectively, which is recorded within general and
administrative expense in our Consolidated Statements of Operations.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Merchant fees | $361,755 | $297,776 | $234,548
Interchange fees | 44,150 | 51,128 | 44,410
Transaction fees | 405,905 | 348,904 | 278,958
Servicing fees(1) | 123,697 | 65,597 | 46,575
Other(2) | 44 | 172 | 354
Servicing and other | 123,741 | 65,769 | 46,929
Total revenue | $529,646 | $414,673 | $325,887


Question: What was the percentage change in the total revenue between 2018 and 2019?
Answer: 27.73
Calculation: (529,646-414,673)/414,673
The breakout of product and service revenues was as follows:
Our product revenues increased $158.1 million, or 9%, in 2019 from 2018 primarily due to higher sales in Semiconductor Test of testers for 5G infrastructure and image sensors, higher sales in Storage Test of 3.5” hard disk drive testers, and higher demand in Industrial Automation, partially offset by a decrease in sales in Semiconductor Test automotive and analog test segments. Service revenues increased $36.1 million or 10%.
In 2019 and 2018, no single direct customer accounted for more than 10% of our consolidated revenues. In 2019 and 2018, our five largest direct customers in aggregate accounted for 27% and 27% of our consolidated revenues, respectively.
We estimate consolidated revenues driven by Huawei Technologies Co. Ltd. (“Huawei”), combining direct sales to that customer with sales to the customer’s OSATs, accounted for approximately 11% and 4% of our consolidated revenues in 2019 and 2018, respectively. We estimate consolidated revenues driven by another OEM customer, combining direct sales to that customer with sales to the customer’s OSATs, accounted for approximately 10% and 13% of our consolidated revenues in 2019 and 2018, respectively.
Table:
 | 2019 | 2018 | 2018-2019 Dollar Change
 |  | (in millions) | 
Products revenues | $1,887.7 | $1,729.6 | $158.1
Services revenues | 407.3 | 371.2 | 36.1
 | $2,295.0 | $2,100.8 | $194.2


Question: What was the average services revenues in 2018 and 2019?
Answer: 389.25
Calculation: (407.3+371.2)/2
Property and equipment consist of the following (in thousands):
(1) Lesser of the lease term or the estimated useful lives of the improvements, which generally may be up to 5 years.
Depreciation and amortization expense for the years ended December 31, 2019, 2018 and 2017 was $2.2 million, $1.8 million and $1.9 million, respectively.
Table:
 |  | As of December 31, | 
 | Useful life in years | 2019 | 2018
Furniture and equipment | 5 | $1,785 | $1,189
Leasehold improvements (1) | 5 | 4,074 | 2,776
System hardware | 5 | 1,596 | 1,404
Office computers | 3 | 5,309 | 3,745
Computer and system software | 3 | 1,451 | 1,385
 |  | 14,215 | 10,499
Less accumulated depreciation and amortization |  | (7,931) | (5,849)
Property and equipment, net |  | $6,284 | $4,650


Question: What was the Depreciation and amortization expense for the years ended December 31, 2019?
Answer: $2.2 million
Note 15. Employee Benefit Plans
Defined Benefit Plans
The Company has defined benefit pension plans that cover certain French and German employees. Most of these defined pension plans, which were acquired in the Atmel and Microsemi acquisitions, are unfunded. Plan benefits are provided in accordance with local statutory requirements. Benefits are based on years of service and employee compensation levels. Pension liabilities and charges are based upon various assumptions, updated annually, including discount rates, future salary increases, employee turnover, and mortality rates. The Company’s French pension plan provides for termination benefits paid to covered French employees only at retirement, and consists of approximately one to five months of salary. The Company's German pension plan provides for defined benefit payouts for covered German employees following retirement.
The aggregate net pension expense relating to these two plans is as follows (in millions):
Interest costs and amortization of actuarial losses are recorded in the other (loss) income, net line item in the statements of income.
Table:
 |  | Year Ended March 31, | 
 | 2019 | 2018 | 2017
Service costs | $1.5 | $2.2 | $1.4
Interest costs | 1.1 | 1.0 | 1.0
Amortization of actuarial loss | 0.4 | 0.8 | —
Settlements | — | — | 0.5
Net pension period cost | $3.0 | $4.0 | $2.9


Question: What were the interest costs in 2017?
Answer: 1.0
Item 14. Principal Accountant Fees and Services
Fees For Professional Audit Services
The following is a summary of fees billed by the Company’s independent registered public accountants, PricewaterhouseCoopers LLP, for the years ended December 31, 2019 and 2018:
(1) Represents the aggregate fees billed for the audit of the Company’s financial statements, review of the financial statements included in the Company’s quarterly reports and services in connection with the statutory and regulatory filings or engagements for those years.
(2)  Represents the aggregate fees billed for assurance and related services that are reasonably related to the performance of the audit or review of the Company’s financial statements and are not reported under “audit fees.”
(3)  Represents the aggregate fees billed for tax compliance, advice and planning.
(4)  Represents the aggregate fees billed for all products and services provided that are not included under “audit fees,” “audit-related fees” or “tax fees.”
Table:
 | Fiscal Year | Fiscal Year
 | 2019 | 2018
Audit Fees(1) | $1,925,000 | $1,956,000
Audit-Related Fees(2) | — | 14,000
Tax Fees(3) | — | —
All Other Fees(4) | 222,000 | 157,000
Total Fees | $2,147,000 | $2,127,000


Question: What are the audit fees for the fiscal year 2018 and 2019, respectively?
Answer: $1,956,000, $1,925,000
Note 7 – Inventory
As of December 31, 2019 and 2018, inventory was comprised of the following:
Inventory reserves are established for estimated excess and obsolete inventory equal to the difference between the cost of the inventory and the estimated net realizable value of the inventory based on estimated reserve percentages, which consider historical usage, known trends, inventory age and market conditions. As of December 31, 2019 and 2018, our inventory reserve was $34.1 million and $30.0 million, respectively.
Table:
(In thousands) | 2019 | 2018
Raw materials | $36,987 | $45,333
Work in process | 1,085 | 1,638
Finished goods | 60,233 | 52,877
Total Inventory, net | $98,305 | $99,848


Question: What was the Raw material inventory in 2019?
Answer: 36,987
(12) Basic and Diluted Net Loss per Share
Basic net loss per common share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potential dilutive shares of common stock. Basic and diluted net loss per share of common stock were the same for all periods presented as the impact of all potentially dilutive securities outstanding was anti-dilutive. The Company uses the if converted method for calculating any potential dilutive effect on diluted loss per share.
The following common equivalent shares were excluded from the diluted net loss per share calculation because their inclusion would have been anti-dilutive:
In connection with the issuance of the 2024 Notes in December 2019, the Company paid $44.9 million to enter into capped call option agreements to reduce the potential dilution to holders of the Company’s common stock upon conversion of the 2024 Notes. In connection with the issuance of the 2022 Notes in November 2017, the Company paid $12.9 million to enter into capped call option agreements to reduce the potential dilution to holders of the Company’s common stock upon conversion of the 2022 Notes.
In December 2019, the Company partially terminated capped call options related to the 2022 Notes and received $5.8 million. The capped call option agreements are excluded from the calculation of diluted net loss per share attributable to common stockholders as their effect is antidilutive.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Convertible senior notes | 6,733,914 | 3,411,199 | 3,411,199
Stock-based compensation grants | 2,038,174 | 2,562,274 | 3,268,610
Total | 8,772,088 | 5,973,473 | 6,679,809


Question: In which year was Convertible senior notes less than 4,000,000?
Answer: 2018, 2017
Calculation: locate and analyze Convertible senior notes in row 3
GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
10. Other Non-Current Assets
Other non-current assets consist of the following:
Cash collaterals on swaps represent cash deposited for the Group’s interest rate swaps being the difference between their fair value and an agreed threshold.
Table:
 | As of December 31, | 
 | 2018 | 2019
Various guarantees | 451 | 388
Other long-term assets | 2,092 | 1,613
Cash collaterals on swaps | — | 22,220
Total | 2,543 | 24,221


Question: In which year was the other long-term assets higher?
Answer: 2018
Calculation: 2,092 > 1,613
Note 8. Goodwill and Intangible Assets, Net
The changes in goodwill by reportable segment are outlined below (in thousands):
On October 21, 2019, we acquired 85% of the issued and outstanding capital stock of OpenEye and recorded $41.4 million of goodwill in the Alarm.com segment. There were no impairments of goodwill recorded during the years ended December 31, 2019, 2018 or 2017. As of December 31, 2019, the accumulated balance of goodwill impairments was $4.8 million, which is related to our acquisition of EnergyHub in 2013.
Table:
 | Alarm.com | Other | Total
Balance as of January 1, 2018 | $63,591 | $— | $63,591
Goodwill acquired | — | — | —
Balance as of December 31, 2018 | 63,591 | — | 63,591
Goodwill acquired | 41,372 | — | 41,372
Balance as of December 31, 2019 | $104,963 | $— | $104,963


Question: What was the difference in goodwill acquired in 2019 and balance as of December 31, 2018?
Answer: 22219
Calculation: 63,591-41,372
The fair value of the assets held by the U.K. pension plan by asset category are as follows:
The expected long-term rates of return on plan assets are equal to the yields to maturity of appropriate indices for government and corporate bonds and by adding a premium to the government bond return for equities. The expected rate of return on cash is the Bank of England base rate in force at the effective date.
Level 1 investments represent mutual funds for which a quoted market price is available on an active market. These investments primarily hold stocks or bonds, or a combination of stocks and bonds.
Table:
 |  |  |  | Fair value as of |  |  |  | 
 | September 30, 2019 |  |  |  | September 30, 2018 |  |  | 
 | Fair Value Measurements Using Inputs Considered as |  |  |  | Fair Value Measurements Using Inputs Considered as |  |  | 
Asset category | Total | Level 1 | Level 2 | Level 3 | Total | Level 1 | Level 2 | Level 3
Cash on deposit | $279 | $279 | $- | $- | $36 | $36 | $- | $-
Pooled funds | 7,959 | 7,959 | - | - | 8,234 | 8,234 | - | -
Total plan assets | $8,238 | $8,238 | $- | $- | $8,270 | $8,270 | $- | $-


Question: What is the expected rate of return on cash?
Answer: The Bank of England base rate in force at the effective date.
Note 14 – Employee Benefit Plans
Pension Benefit Plan
We maintain a defined benefit pension plan covering employees in certain foreign countries.
The pension benefit plan obligations and funded status as of December 31, 2019 and 2018, were as follows:
The accumulated benefit obligation was $43.9 million and $37.2 million as of December 31, 2019 and 2018, respectively. The increase in the accumulated benefit obligation and the actuarial loss was primarily attributable to a decrease in the discount rate during 2019.
Table:
(In thousands) | 2019 | 2018
Change in projected benefit obligation: |  | 
Projected benefit obligation at beginning of period | $37,245 | $34,893
Service cost | 1,471 | 1,193
Interest cost | 634 | 727
Actuarial loss - experience | 453 | 38
Actuarial loss - assumptions | 5,091 | 2,139
Benefit payments | (166) | (138)
Effects of foreign currency exchange rate changes | (826) | (1,607)
Projected benefit obligation at end of period | 43,902 | 37,245
Change in plan assets: |  | 
Fair value of plan assets at beginning of period | 24,159 | 26,624
Actual gain (loss) on plan assets | 4,392 | (2,024)
Contributions | — | 688
Effects of foreign currency exchange rate changes | (535) | (1,129)
Fair value of plan assets at end of period | 28,016 | 24,159
Unfunded status at end of period | $(15,886) | $(13,086)


Question: What was the percentage change in the fair value of plan assets at end of period between 2018 and 2019?
Answer: 15.97
Calculation: (28,016-24,159)/24,159
BIG W’s Store‐controllable VOC and VOC NPS improved on the prior year with higher customer scores translating into sales, with an increase in F19 of 4.2% on a normalised basis to $3.8 billion. Comparable sales increased by 5.3% in F19 and 7.2% in Q4 (Easter‐adjusted) with growth in all customer universes.
BIG W’s growth continues to be driven by an increase in customer transactions (F19: 4.0%) and customers increasingly putting more items in their baskets with comparable items per basket growth of 4.4%. Together this drove comparable item growth of 8.6%. Excluding reusable bags, comparable items increased by 5.2%.
With BIG W’s turnaround gaining momentum, and to build a sustainable network for the future, a store and DC network review was announced in April. BIG W intends to close approximately 30 stores over the next three years and two distribution centres at the end of their leases. The review of the store network is ongoing, with three stores recently announced to be closed in F20.
BIG W has remained price competitive, improved ranges and built a convenient online and in‐store experience in F19.
Normalised Online sales increased by 128% in F19 with Pick up consistently delivering strong sales growth. Apparel, which has been more challenging, improved steadily through H2 due to a focus on range, stock flow and in‐store execution.
Normalised gross profit declined 49 bps for F19 reflecting continued challenges in stockloss as well as slow sell‐through of seasonal apparel in H1. Category mix improved in H2 with improved apparel sell‐through.
Normalised CODB declined 132 bps resulting from store efficiencies and sales growth fractionalising fixed costs.
The LBIT of $85 million before significant items excludes a $371 million charge identified as part of the network review.
Funds employed declined primarily due to significant items provisions. Inventory quality has improved as a result of solid sales and improved apparel sell‐through in H2.
In F20, BIG W will focus on creating a sustainable business that is simpler to operate, and continue providing customers with low prices and more convenient, connected solutions in‐store and online.
Table:
 | F19 | F18 |  | CHANGE
$ MILLION | 53 WEEKS | 52 WEEKS | CHANGE | NORMALISED
Sales | 3,797 | 3,566 | 6.5% | 4.2%
LBITDA before |  |  |  | 
significant items | (5) | (30) | (82.2)% | (88.7)%
Depreciation and amortisation | (80) | (80) | 0.7% | 0.7%
LBIT before significant items | (85) | (110) | (22.2)% | (24.0)%
Significant items | (371) | – | n.m. | n.m.
LBIT after significant items | (456) | (110) | 315.5% | 313.7%
Gross margin (%) | 31.1 | 31.7 | (59) bps | (49) bps
Cost of doing business (%) | 33.4 | 34.8 | (142) bps | (132) bps
LBIT 2 to sales (%) | (2.3) | (3.1) | 83 bps | 84 bps
Sales per square metre ($)$) | 3,629 | 3,369 | 7.7% | 5.4%
Funds employed | 204 | 502 | (59.4)% | 
ROFE (%) | (23.0) | (23.3) | 24 bps | 77 bps


Question: What is the focus of BIG W in F20?
Answer: In F20, BIG W will focus on creating a sustainable business that is simpler to operate, and continue providing customers with low prices and more convenient, connected solutions in‐store and online.
12 Directors’ Remuneration
Directors’ emoluments represent all earnings and aggregate contributions to pension schemes made during the year as a Director of Sophos Group plc and its subsidiaries. Further details can be found in the Group’s Remuneration Report on pages 91 to 101.
Table:
 | Year-ended 31 March 2019 | Year-ended 31 March 2018
 | $M | $M
Directors’ emoluments | 2.3 | 3.3
Gains on exercise of share options | 3.6 | 3.5
Gains on vesting of LTIP awards | 14.5 | 4.2
Total Directors’ remuneration | 20.4 | 11.0


Question: What do the directors' emoluments represent?
Answer: all earnings and aggregate contributions to pension schemes made during the year as a Director of Sophos Group plc and its subsidiaries