hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Foreign Currency Exchange Rate Risk
As part of managing the exposure to changes in foreign currency exchange rates, we utilize cross-currency swap contracts and foreign currency forward contracts, a portion of which are designated as cash flow hedges. The objective of these contracts is to minimize impacts to cash flows and profitability due to changes in foreign currency exchange rates on intercompany and other cash transactions. We expect that significantly all of the balance in accumulated other comprehensive income (loss) associated with the cash flow hedge-designated instruments addressing foreign exchange risks will be reclassified into the Consolidated Statement of Operations within the next twelve months.
During fiscal 2015, we entered into cross-currency swap contracts with an aggregate notional value of €1,000 million to reduce our exposure to foreign currency exchange rate risk associated with certain intercompany loans. Under the terms of these contracts, which have been designated as cash flow hedges, we make interest payments in euros at 3.50% per annum and receive interest in U.S. dollars at a weighted-average rate of 5.33% per annum. Upon the maturity of these contracts in fiscal 2022, we will pay the notional value of the contracts in euros and receive U.S. dollars from our counterparties. In connection with the cross-currency swap contracts, both counterparties to each contract are required to provide cash collateral.
At fiscal year end 2019, these cross-currency swap contracts were in an asset position of $19 million and were recorded in other assets on the Consolidated Balance Sheet. The cross-currency swap contracts were in a liability position of $100 million and were recorded in other liabilities on the Consolidated Balance Sheet at fiscal year end 2018. At fiscal year end 2019 and 2018, collateral received from or paid to our counterparties approximated the derivative positions and was recorded in accrued and other current liabilities (when the contracts are in an asset position) or prepaid expenses and other current assets (when the contracts are in a liability position) on the Consolidated Balance Sheets. The impacts of these cross-currency swap contracts were as follows:
(1) Gains and losses excluded from the hedging relationship are recognized prospectively in selling, general, and administrative expenses and are offset by losses and gains generated as a result of re-measuring certain intercompany loans to the U.S. dollar.
Table:
 |  | Fiscal | 
 | 2019 | 2018 | 2017
 |  | (in millions) | 
Gains (losses) recorded in other comprehensive income (loss) | $ 53 | $  (25) | $ (20)
Gains (losses) excluded from the hedging relationship (1) | 66 | 21 | (58)


Question: What was the liability position of the cross-currency swap contracts? 
Answer: $100 million
Note 17. Other Accrued Expenses and Current Liabilities
Other accrued expenses and current liabilities consisted of the following (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Accrued purchases | $4,328 | $1,679
Accrued legal and professional fees | 3,860 | 3,380
Accrued customer-acquisition advertising costs (Note 1) | 3,745 | 2,831
Deferred Symphony acquisition purchase price (Note 4) | 3,517 | 3,394
Accrued roadside assistance claim costs | 1,709 | 1,330
Accrued telephone charges | 1,605 | 2,000
Financial derivatives (Note 12) | 251 | 2,859
Accrued restructuring (Note 5) | 56 | 976
Accrued rent (Note 3) | — | 3,283
Other | 10,259 | 9,503
 | $29,330 | $31,235


Question: What was the percentage change in Accrued roadside assistance claim costs in 2019 from 2018?
Answer: 28.5
Calculation: (1,709-1,330)/1,330
6. Other Balance Sheet Account Details
Allowance for Doubtful Accounts
The following table presents the changes in the allowance for doubtful accounts (in thousands):
Table:
 | December 31, 2019 | December 31, 2018
Allowance for doubtful accounts, beginning balance | $319 | $983
Increase (decrease) of provision | (72) | (26)
Write-offs | (195) | (638)
Allowance for doubtful accounts, ending balance | $52 | $319


Question: What is the total allowance for doubtful accounts, ending balance between 2018 and 2019?
Answer: 371
Calculation: 52+319
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
NOTE 23. SUPPLEMENTAL QUARTERLY FINANCIAL DATA (UNAUDITED)
The following tables present unaudited quarterly results for each of the eight quarters in the periods ended December 31, 2019 and 2018, in thousands. We believe that all necessary adjustments have been included in the amounts stated below to present fairly such quarterly information. Due to the volatility of the industries in which our customers operate, the operating results for any quarter are not necessarily indicative of results for any subsequent period.
Table:
 |  | Quarter Ended |  | 
 | December 31, | September 30, | June 30, | March 31,
 | 2018 | 2018 | 2018 | 2018
Sales, net | $154,161 | $173,082 | $196,032 | $195,617
Gross Profit | $  75,188 | $  85,539 | $ 101,235 | $ 103,645
Restructuring Expense | $  3,836 | $  403 | $ — | $ —
Operating income | $  19,570 | $  39,862 | $ 56,018 | $ 56,103
Income from continuing operations, net of income taxes | $  19,222 | $  35,157 | $ 46,400 | $ 46,370
Loss (income) from discontinued operations, net of income taxes | $  188 | $  (371) | $ 5 | $ 140
Net Income | $19,410 | $34,786 | $46,405 | $46,510
Income from continuing operations attributable to noncontrolling interest | $  4 | $  7 | $ 44 | $ 31
Net income attributable to Advanced Energy Industries, Inc. | $  19,406 | $34,779 | $46,361 | $ 46,479
Earnings (Loss) Per Share: |  |  |  | 
Continuing Operations: |  |  |  | 
Basic earnings per share | $0.50 | $0.90 | $1.18 | $1.17
Diluted earnings per share | $0.50 | $0.90 | $1.17 | $1.16
Discontinued Operations: |  |  |  | 
Basic loss per share | $  — | $  (0.01) | $ — | $ —
Diluted loss per share | $  — | $  (0.01) | $ — | $ —
Net Income: |  |  |  | 
Basic earnings per share | $ 0.51 | $  0.89 | $ 1.18 | $1.17
Diluted earnings per share | $0.50 | $0.89 | $1.17 | $1.16


Question: What was the change in net income between Quarter Ended  September and December?
Answer: -15376
Calculation: $19,410-$34,786
For the periods indicated, the weighted-average fair value of options and weighted-average assumptions were as follows:
*Options valued using Monte Carlo Valuation Method
As of June 30, 2019, the total compensation cost related to the unvested stock option awards not yet recognized was approximately $24.1 million, which will be recognized over a weighted-average period of approximately 3.0 years.
No cash was used by us to settle equity instruments granted under share-based compensation arrangements in any of the periods presented.
We have not capitalized any share-based compensation costs as part of the cost of an asset in any of the periods presented.
For the year ended June 30, 2019, cash in the amount of $35.6 million was received as the result of the exercise of options granted under share-based payment arrangements. The tax benefit realized by us during the year ended June 30, 2019 from the exercise of options eligible for a tax deduction was $2.9 million.
For the year ended June 30, 2018, cash in the amount of $54.4 million was received as the result of the exercise of options granted under share-based payment arrangements. The tax benefit realized by us during the year ended June 30, 2018 from the exercise of options eligible for a tax deduction was $1.5 million.
For the year ended June 30, 2017, cash in the amount of $20.8 million was received as the result of the exercise of options granted under share-based payment arrangements. The tax benefit realized by us during the year ended June 30, 2017 from the exercise of options eligible for a tax deduction was $2.2 million.
Table:
 |  | Year Ended June 30, | 
 | 2019 | 2018 | 2017
Weighted–average fair value of options granted | $8.39 | $7.58 | $7.06
Weighted-average assumptions used: |  |  | 
Expected volatility | 25.72% | 26.95% | 28.32%
Risk–free interest rate | 2.57% | 2.18% | 1.46%
Expected dividend yield | 1.54% | 1.50% | 1.43%
Expected life (in years) | 4.44 | 4.38 | 4.51
Forfeiture rate (based on historical rates) | 6% | 6% | 5%
Average exercise share price | $38.81 | $34.60 | $31.75
Derived service period (in years)* | N/A | N/A | 1.79


Question: How was the derived service period calculated?
Answer: using Monte Carlo Valuation Method
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2011 in the standard & poor 2019s 500 index , the dow jones transportation average and our class b common stock. .

Table:
 | 12/31/2011 | 12/31/2012 | 12/31/2013 | 12/31/2014 | 12/31/2015 | 12/31/2016
united parcel service inc . | $ 100.00 | $ 103.84 | $ 152.16 | $ 165.35 | $ 154.61 | $ 189.72
standard & poor 2019s 500 index | $ 100.00 | $ 115.99 | $ 153.54 | $ 174.54 | $ 176.94 | $ 198.09
dow jones transportation average | $ 100.00 | $ 107.49 | $ 151.97 | $ 190.07 | $ 158.22 | $ 192.80
.

Question: what was the percentage cumulative total shareowners return for united parcel service inc . for the five years ended 12/31/2016?
Answer: 89.72%
Calculation: subtract(189.72, const_100), divide(#0, const_100)
NOTE 13. INCOME TAXES
We calculate our provision for federal and state income taxes based on current tax law. U.S. federal tax reform (Tax Act) was enacted on December 22, 2017, and has several key provisions impacting the accounting for and reporting of income taxes. The most significant provision reduced the U.S. corporate statutory tax rate from 35% to 21% beginning on January 1, 2018. We remeasured the applicable deferred tax assets and liabilities based on the rates at which they are expected to reverse. As a result, the gross deferred tax assets and liabilities were adjusted which resulted in an expense for income taxes of $7.1 million which was fully offset by a corresponding change to our valuation allowance in 2017. The Tax Act contains several base broadening provisions that became effective on January 1, 2018, that did not have a material impact on 2018 and 2019 earnings.
Deferred tax asset (liability) is comprised of the following (in thousands):
We have determined it is more likely than not that our deferred tax assets will not be realized. Accordingly, we have provided a valuation allowance for deferred tax assets.
Table:
December 31 |  | 
 | 2019 | 2018
Net operating loss carryforwards | $7,672 | $4,541
Stock options and warrants | 420 | 214
Property | 138 | 299
Intangible assets | 66 | 94
Capitalized expenses | 54 | 86
Other | 210 | 164
Operating right-of-use lease assets | (667) | 
Operating right-of-use lease liabilities | 794 | 
Net deferred tax assets | 8,687 | 5,398
Less: Valuation allowance | (8,687) | (5,398)
Deferred tax asset (liability) | $             - | $             -


Question: What is the percentage change in the stock options and warrants between 2018 and 2019?
Answer: 96.26
Calculation: (420 - 214)/214
Note 11. Other Current Assets
Other current assets consisted of the following (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Investments held in rabbi trust | $13,927 | $11,442
Financial derivatives | 3,373 | 1,078
Deferred rent | 558 | 1,867
Other current assets | 2,667 | 2,374
 | $20,525 | $16,761


Question: What was the amount of Other current assets in 2018?
Answer: 2,374
Fair Value Disclosures
Under the fair value standards fair value is based on the exit price and defined as the price that would be received to sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement should reflect all the assumptions that market participants would use in pricing an asset or liability. A fair value hierarchy is established in the authoritative guidance outlined in three levels ranking from Level 1 to level 3 with Level 1 being the highest priority.
Level 1: observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets
Level 2: inputs other than quoted prices included in Level 1 that are observable for the asset or liability either directly or indirectly
Level 3: unobservable inputs (e.g., a reporting entity’s or other entity’s own data)
The Company had no assets or liabilities measured at fair value on a recurring (except our pension plan assets, see Note 15) or
non-recurring basis as of September 30, 2019 or September 30, 2018.
To estimate fair value of the financial instruments below quoted market prices are used when available and classified within Level 1. If this data is not available, we use observable market based inputs to estimate fair value, which are classified within Level 2. If the preceding information is unavailable, we use internally generated data to estimate fair value which is classified within Level 3.
Cash and cash equivalents
Carrying amount approximated fair value
Accounts and long term receivable with original maturity over one year
Fair value was estimated by discounting future cash flows based on the current rate with similar terms.
Note payable
Fair value was estimated based on quoted market prices.
Fair value of accounts receivable with an original maturity of one year or less and accounts payable was not materially different from their carrying values at September 30, 2019, and 2018.
Table:
 | As of September 30, 2019 |  | As of September 30, 2018 |  |  | 
 | Carrying amount | Fair value | Carrying amount | Fair value | Fair Value Level | References
 |  | (Amounts in thousands) |  |  |  | 
Assets: |  |  |  |  |  | 
Cash and cash equivalents | $18,099 | $18,099 | $25,107 | $25,107 | 1 | Consolidated Balance SSheets
Accounts & long term receivable* | 7,087 | 7,087 | - | - | 3 | Note 3
Liabilities: |  |  |  |  |  | 
Note payable | 1,001 | 1,001 | - | - | 2 | Note 11
*Original maturity over one year |  |  |  |  |  | 


Question: What is the difference in the carrying amount and fair value of the accounts & long term receivable in 2019? 
Answer: 0
Calculation: 7,087 - 7,087
Systems revenue of $8,034 million decreased 2.0 percent year to year as reported (2 percent adjusted for currency) driven by strong IBM Z performance in 2017 and continued price pressures impacting Storage Systems in a competitive environment.
Both hardware platforms were down year to year for the full year, as reported and adjusted for currency. This performance was partially offset by strong growth in Power Systems (which grew as reported and adjusted for currency in 2018) with strong performance in POWER9-based systems and Linux throughout the year. Within Systems, cloud revenue of $3.1 billion decreased 10 percent as reported and adjusted for currency compared to the prior year reflecting IBM Z product cycle dynamics.
Table:
($ in millions) |  |  |  | 
For the year ended December 31: | 2018 |  | Yr.-to-Yr. Percent Change | Yr.-to-Yr. Percent Change Adjusted for Currency
Systems external revenue | $8,034 | $8,194 | (2.0)% | (2.3)%
Systems Hardware | $6,363 | $6,494 | (2.0)% | (2.3)%
IBM Z |  |  | (5.4) | (5.6)
Power Systems |  |  | 8.8 | 8.7
Storage Systems |  |  | (5.5) | (5.9)
Operating Systems Software | 1,671 | 1,701 | (1.7) | (2.4)


Question: How was the performance of hardware platforms year to year
Answer: hardware platforms were down year to year for the full year, as reported and adjusted for currency.
notes to consolidated financial statements at december 31 , 2007 , future minimum rental payments required under operating leases for continuing operations that have initial or remaining noncancelable lease terms in excess of one year , net of sublease rental income , most of which pertain to real estate leases , are as follows : ( millions ) .

Table:
2008 | $ 317
2009 | 275
2010 | 236
2011 | 214
2012 | 191
later years | 597
total minimum payments required | $ 1830
aon corporation .

Question: assuming that actual net rent expense will be the same as presented in the table , what would be the growth rate in the net rent expense from 2008 to 2009?
Answer: -13.2%
Calculation: subtract(275, 317), divide(#0, 317)
Cash Flows
The following table sets forth summary cash flow data for the periods indicated (in thousands).
Cash Flow from Operating Activities
Net cash flows provided by operating activities for the year ended December 31, 2019, were $137.6 million as compared to $183.9 million during the same period in 2018. Net cash provided by operating activities primarily consists of net income adjusted to add back depreciation, amortization, and stock-based compensation. Cash flows provided by operating activities were $46.3 million lower for the year ended December 31, 2019, compared to the same period in 2018, due to the timing of working capital. Our current policy is to use our operating cash flow primarily for funding capital expenditures, lease payments, stock repurchases, and acquisitions.
Cash Flow from Investing Activities
During the year ended December 31, 2019, we paid $753.9 million, net of $0.1 million in cash acquired, to acquire Speedpay. We also used cash of $18.5 million to invest in a payment technology and services company in India and $7.0 million to acquire the technology assets of RevChip, LLC and TranSend Integrated Technologies Inc. In addition, we used cash of $48.0 million to purchase software, property and equipment, as compared to $43.9 million during the same period in 2018.
Cash Flow from Financing Activities
Net cash flows provided by financing activities for the year ended December 31, 2019, were $667.2 million, as compared to net cash flows used by financing activities of $57.7 million during the same period in 2018. During 2019, we received proceeds of $500.0 million from our Delayed Draw Term Loan and $280.0 million from our Revolving Credit Facility to fund our purchase of Speedpay and stock repurchases, and we repaid $28.9 million on the Initial Term Loan and $41.0 million on the Revolving Credit Facility. In addition, we received proceeds of $16.6 million from the exercise of stock options and the issuance of common stock under our 2017 Employee Stock Purchase Plan, as amended, and used $4.0 million for the repurchase of stock-based compensation awards for tax withholdings. During 2019, we also used $35.6 million to repurchase common stock. During 2018, we received proceeds of $400.0 million from the issuance of the 2026 Notes. We used $300.0 million of the proceeds to redeem, in full, our outstanding 6.375% Senior Notes due 2020 and repaid $109.3 million on the Initial Term Loan. In addition, during 2018, we received proceeds of $22.8 million from the exercise of stock options and the issuance of common stock under our 2017 Employee Stock Purchase Plan, as amended, and used $2.6 million for the repurchase of restricted share awards ("RSAs") for tax withholdings. During 2018, we also used $54.5 million to repurchase common stock.
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Net cash provided by (used in): |  | 
Operating activities | $137,649 | $183,932
Investing activities | -830,481 | -45,360
Financing activities | 667,223 | -57,704


Question: What was the net cash used in investing activities in 2019?
Answer: -830,481
H. Net Income Per Share
Basic net income per share is computed by dividing net income by the weighted-average number of common stock outstanding during the period. Diluted net income per share is computed by dividing net income by the weighted-average number of common stock outstanding and potentially dilutive securities outstanding during the period, as calculated using the treasury stock method. Potentially dilutive securities primarily include unvested restricted stock units (“RSUs”), including PSU awards, and stock options, including purchase options under VMware’s employee stock purchase plan, which included Pivotal’s employee stock purchase plan through the date of acquisition. Securities are excluded from the computation of diluted net income per share if their effect would be anti-dilutive. VMware uses the two-class method to calculate net income per share as both classes share the same rights in dividends; therefore, basic and diluted earnings per share are the same for both classes.
The following table sets forth the weighted-average common share equivalents of Class A common stock that were excluded from the diluted net income per share calculations during the periods presented because their effect would have been anti-dilutive (shares in thousands):
Table:
 | For the Year Ended |  | 
 | January 31, 2020 | February 1, 2019 | February 2, 2018
Anti-dilutive securities: |  |  | 
Employee stock options | 34 | 50 | 51
Restricted stock units | 315 | 255 | 140
Total | 349 | 305 | 191


Question: What was the Employee stock options in 2019?
Answer: 50
DSUs
Eligible bonuses and RSUs/PSUs may be paid in the form of DSUs when executives or other eligible employees elect to or are required to participate in the plan. The value of a DSU at the issuance date is equal to the value of one BCE common share. For non-management directors, compensation is paid in DSUs until the minimum share ownership requirement is met; thereafter, at least 50% of their compensation is paid in DSUs. There are no vesting requirements relating to DSUs. Dividends in the form of additional DSUs are credited to the participant’s account on each dividend payment date and are equivalent in value to the dividends paid on BCE common shares. DSUs are settled when the holder leaves the company.
The following table summarizes the status of outstanding DSUs at December 31, 2019 and 2018.
(1) The weighted average fair value of the DSUs issued was $59 in 2019 and $55 in 2018.
Table:
NUMBER OF DSUs | 2019 | 2018
Outstanding, January 1 | 4,391,997 | 4,309,528
Issued (1) | 84,588 | 94,580
Settlement of RSUs/PSUs | 146,960 | 112,675
Dividends credited | 236,079 | 240,879
Settled | (236,525) | (365,665)
Outstanding, December 31 | 4,623,099 | 4,391,997


Question: What is the weighted average fair value of the DSUs issued in 2018?
Answer: $55