hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
16. Segment, Geographic, and Significant Customer Information
With the exception of property and equipment, we do not identify or allocate our long-lived assets by geographic area. The following table presents property and equipment information for geographic areas based on the physical location of the assets (in millions):
Table:
 | April 26, 2019 | April 27, 2018
U.S. | $ 572 | $ 566
International | 187 | 190
Total | $ 759 | $ 756


Question: What was the percentage change in the total amount of property and equipment between 2018 and 2019?
Answer: 0.4
Calculation: (759-756)/756
Stock Options
Our stock options are generally exercisable in increments of either one-fourth or one-third per year beginning one year from the date of grant. Stock options issued after February 2014 expire eight years from the date of grant. Options issued prior to February 2014 expire six years from the date of grant. Option activity for 2019 is summarized as follows:
The total intrinsic value was $108 million, $446 million, and $198 million for options exercised in 2019, 2018, and 2017, respectively.
Table:
 | Number of Shares | Weighted-Average Exercise Price Per Share | Weighted-Average Remaining Contractual Life (In Years) | Aggregate Intrinsic Value
Outstanding as of August 30, 2018 | 18 | $23.38 |  | 
Granted | — | 44.30 |  | 
Exercised | (5) | 17.50 |  | 
Canceled or expired | (1) | 22.60 |  | 
Outstanding as of August 29, 2019 | 12 | 25.94 | 4.3 | $220
Exercisable as of August 29, 2019 | 7 | $25.37 | 3.7 | $143
Unvested as of August 29, 2019 | 5 | 26.94 | 5.5 | 77


Question: What is the total price of shares that were exercised, canceled, or expired?
Answer: 110.1
Calculation: (5*17.50)+(1*22.60)
8. Other income, net
Other income, net consists of the following (in millions):
Table:
 |  | Year Ended | 
 | April 26, 2019 | April 27, 2018 | April 28, 2017
Interest income | $ 88 | $ 79 | $ 44
Interest expense | (58) | (62) | (52)
Other income, net | 17 | 24 | 8
Other income, net | $ 47 | $ 41 | $ —


Question: How many years did interest income exceed $50 million?
Answer: 2
Calculation: 2019##2018
The majority of the Company's revenues are generated from U.S. government contracts, either as a prime contractor or as a subcontractor to other contractors. Revenues from the U.S. government can be adversely impacted by spending caps or changes in budgetary priorities of the U.S. government, as well as delays in program start dates or the award of a contract.
Disaggregated revenues by contract-type were as follows:
Table:
Year Ended January 3, 2020 |  |  |  | 
 | Defense Solutions | Civil | Health | Total
(in millions) |  |  |  | 
Cost-reimbursement and fixed-price-incentive-fee | $3,697 | $1,997 | $234 | $5,928
Firm-fixed-price | 1,203 | 1,075 | 1,296 | 3,574
Time-and-materials and fixed-price-level-of-effort | 466 | 564 | 444 | 1,474
Total | $5,366 | $3,636 | $1,974 | $10,976


Question: What was the average Firm-fixed-price under Solutions, Civil and Health?
Answer: 1191.33
Calculation: (1,203 + 1,075 + 1,296) / 3
3. Restructuring and Other Charges, Net
Net restructuring and other charges consisted of the following:
Table:
 |  |  | Fiscal
 | 2019 | 2018 | 2017
 |  | (in millions) | 
Restructuring charges, net | $ 255 | $ 140 | $ 146
Gain on divestiture | — | (2) | —
Other charges (credits), net | — | (12) | 1
Restructuring and other charges, net | $ 255 | $ 126 | $ 147


Question: What was the change in Restructuring charges, net in 2019 from 2018?
Answer: 115
Calculation: 255-140
Unaudited Pro Forma Financial Information
The unaudited pro forma financial information in the table below summarizes the combined results of operations for Oracle, Aconex and certain other companies that we acquired since the beginning of fiscal 2018 that were considered relevant for the purposes of unaudited pro forma financial information disclosure as if the companies were combined as of the beginning of fiscal 2018. The unaudited pro forma financial information for all periods presented included the business combination accounting effects resulting from these acquisitions, including amortization charges from acquired intangible assets (certain of which are preliminary), stock-based compensation charges for unvested restricted stock-based awards and stock options assumed, if any, and the related tax effects as though the aforementioned companies were combined as of the beginning of fiscal 2018. The unaudited pro forma financial information as presented below is for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisitions had taken place at the beginning of fiscal 2018 or 2019.
The unaudited pro forma financial information for fiscal 2019 presented the historical results of Oracle for fiscal 2019 and certain other companies that we acquired since the beginning of fiscal 2019 based upon their respective previous reporting periods and the dates these companies were acquired by us, and the effects of the pro forma adjustments listed above.
The unaudited pro forma financial information for fiscal 2018 combined the historical results of Oracle for fiscal 201 8 and the historical results of Aconex for the twelve month period ended December 31, 2017 (adjusted due to differences in reporting periods and considering the date we acquired Aconex) and certain other companies that we acquired since the beginning of fiscal 201 8 based upon their respective previous reporting periods and the dates these companies were acquired by us, and the effects of the pro forma adjustments listed above. The unaudited pro forma financial information was as follows:
Table:
 | Year Ended May 31, | 
(in millions, except per share data) | 2019 | 2018
Total revenues | $39,512 | $39,546
Net income | $11,076 | $3,500
Basic earnings per share | $3.05 | $0.85
Diluted earnings per share | $2.97 | $0.83


Question: What does the unaudited pro forma financial information summarize?
Answer: The unaudited pro forma financial information in the table below summarizes the combined results of operations for Oracle, Aconex and certain other companies that we acquired since the beginning of fiscal 2018 that were considered relevant for the purposes of unaudited pro forma financial information disclosure as if the companies were combined as of the beginning of fiscal 2018.
Overview of the Markets We Serve
The U.S. mortgage loan servicing market is comprised of first and second lien mortgage loans. Even through housing downturns, the mortgage loan servicing market generally remains stable, as the total number of first lien mortgage loans outstanding tends to stay relatively constant. The number of second lien mortgage loans outstanding can vary based on a number of factors including loan-to-value ratios, interest rates and lenders' desire to own such loans.
While delinquent mortgage loans typically represent a small portion of the overall mortgage loan servicing market, the mortgage loan default process is long and complex and involves multiple parties, a significant exchange of data and documentation and extensive regulatory requirements. Providers in the default process must be able to meet strict regulatory guidelines, which we believe are best met through the use of proven technology.
The U.S. mortgage loan origination market consists of both purchase and refinance mortgage loan originations. The mortgage loan origination process is complex and involves multiple parties, significant data exchange and significant regulatory oversight, which requires a comprehensive, scalable solution developed by a company with substantial industry experience. According to the Mortgage Bankers Association ("MBA"), the U.S. mortgage loan origination market for purchase and refinance mortgage loan originations is estimated as follows (in billions):
Note: Amounts may not recalculate due to rounding.
(1) The 2019, 2018 and 2017 U.S. mortgage loan origination market for purchase and refinance originations is estimated by the MBA Mortgage Finance Forecast as of February 18, 2020, February 11, 2019 and October 16, 2018, respectively.
Table:
 | 2019 | 2018 | 2017
Mortgage loan originations(1): |  |  | 
Purchase | $1,272.0 | $1,185.0 | $1,143.0
Refinance | 796.0 | 458.0 | 616.0
Total | $2,068.0 | $1,643.0 | $1,760.0


Question: What was the change in the refinance originations between 2017 and 2018?
Answer: -158
Calculation: 458.0-616.0
NOTE 15 – INCOME TAXES
As of December 31, 2019, the Company had net operating loss carry-forwards for federal income tax purposes of approximately $18.3 million, consisting of pre-2018 losses in the amount of approximately $14.3 million that expire from 2020 through 2037, and post-2017 losses in the amount of approximately $4 million that never expire. These net operating losses are available to offset future taxable income. The Company was formed in 2006 as a limited liability company and changed to a corporation in 2007. Activity prior to incorporation is not reflected in the Company’s corporate tax returns. In the future, the cumulative net operating loss carry-forward for income tax purposes may differ from the cumulative financial statement loss due to timing differences between book and tax reporting.
The provision for Federal income tax consists of the following for the years ended December 31, 2019 and 2018:
The provision for Federal income tax consists of the following for the years ended December 31, 2019 and 2018:
Table:
 | 2019 | 2018
Federal income tax benefit (expense) attributable to:         |  | 
Current operations  | $848,000 | $(48,000)
Acquisition costs   | (143,000) | -
Change in fair value of contingent consideration   | (133,000) | -
Other permanent items   | 29,000 | (36,000)
Deferred Adjustment   | (913,000) | -
Valuation allowance   | 1,209,960 | 84,000
Net provision for federal income tax  | $897,960 | $-


Question: What is the percentage change in valuation allowance in 2019 compared to 2018?
Answer: 1340.43
Calculation: (1,209,960 - 84,000)/84,000
7. Property, Plant and Equipment
Property, plant and equipment consisted of the following components at June 30, 2019 and 2018:
Table:
 | June 30, | 
($ in millions) | 2019 | 2018
Land | $35.6 | $34.8
Buildings and building equipment | 512.9 | 500.0
Machinery and equipment | 2,183.6 | 2,129.0
Construction in progress | 150.7 | 83.6
Total at cost | 2,882.8 | 2,747.4
Less: accumulated depreciation and amortization | 1,516.6 | 1,434.0
Total property, plant, and equipment | $1,366.2 | $1,313.4


Question: What was the percentage change in Buildings and building equipment in 2019 from 2018?
Answer: 2.58
Calculation: (512.9-500.0)/500.0
(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: How is basic net loss per common share computed?
Answer: by dividing net loss by the weighted-average number of shares of common stock outstanding during the period.
16. Segment, Geographic, and Significant Customer Information
We operate in one industry segment: the design, manufacturing, marketing, and technical support of high-performance storage and data management solutions. We conduct business globally, and our sales and support activities are managed on a geographic basis. Our management reviews financial information presented on a consolidated basis, accompanied by disaggregated information it receives from our internal management system about revenues by geographic region, based on the location from which the customer relationship is managed, for purposes of allocating resources and evaluating financial performance. We do not allocate costs of revenues, research and development, sales and marketing, or general and administrative expenses to our geographic regions in this internal management reporting because management does not review operations or operating results, or make planning decisions, below the consolidated entity level.
Summarized revenues by geographic region based on information from our internal management system and utilized by our Chief Executive Officer, who is considered our Chief Operating Decision Maker, is as follows (in millions):
Americas revenues consist of sales to Americas commercial and U.S. public sector markets. Sales to customers inside the U.S. were $3,116 million, $2,878 million and $2,721 million during fiscal 2019, 2018 and 2017, respectively.
Table:
 |  | Year Ended | 
 | April 26, 2019 | April 27, 2018 | April 28, 2017
United States, Canada and Latin America (Americas) | $ 3,425 | $ 3,207 | $ 3,021
Europe, Middle East and Africa (EMEA) | 1,847 | 1,873 | 1,741
Asia Pacific (APAC) | 874 | 839 | 729
Net revenues | $ 6,146 | $ 5,919 | $ 5,491


Question: What was the percentage change in net revenues between 2018 and 2019?
Answer: 3.84
Calculation: (6,146-5,919)/5,919
stock performance graph the following graph compares the most recent five-year performance of the company 2019s common stock with ( 1 ) the standard & poor 2019s ( s&p ) 500 ae index , ( 2 ) the s&p 500 ae materials index , a group of 25 companies categorized by standard & poor 2019s as active in the 201cmaterials 201d market sector , ( 3 ) the s&p aerospace & defense select industry index , a group of 33 companies categorized by standard & poor 2019s as active in the 201caerospace & defense 201d industry and ( 4 ) the s&p 500 ae industrials index , a group of 69 companies categorized by standard & poor 2019s as active in the 201cindustrials 201d market sector . the graph assumes , in each case , an initial investment of $ 100 on december 31 , 2013 , and the reinvestment of dividends . historical prices prior to the separation of alcoa corporation from the company on november 1 , 2016 , have been adjusted to reflect the value of the separation transaction . the graph , table and related information shall not be deemed to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into future filings under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates it by reference into such filing . please note that the company intends to replace the s&p 500 ae materials index with the s&p aerospace & defense select industry index and the s&p 500 ae industrials index in subsequent stock performance graphs . we believe that the companies and industries represented in the s&p aerospace & defense select industry index and the s&p 500 ae industrials index better reflect the markets in which the company currently participates . all three indices are represented in the graph below . arconic inc . s&p 500 s&p materials s&p aerospace & defense s&p industrials cumulative total return based upon an initial investment of $ 100 at december 31 , 2013 with dividends reinvested 12/13 12/14 12/15 12/16 12/17 12/18 period ending copyright a9 2019 standard & poor's , a division of s&p global . all rights reserved. .

Table:
as of december 31, | 2013 | 2014 | 2015 | 2016 | 2017 | 2018
arconic inc . | $ 100 | $ 149.83 | $ 94.62 | $ 80.22 | $ 119.02 | $ 74.47
s&p 500 aeindex | 100 | 113.69 | 115.26 | 129.05 | 157.22 | 150.33
s&p 500 aematerials index | 100 | 106.91 | 97.95 | 114.30 | 141.55 | 120.74
s&p aerospace & defense select industry index | 100 | 111.43 | 117.49 | 139.70 | 197.50 | 181.56
s&p 500 aeindustrials index | 100 | 109.83 | 107.04 | 127.23 | 153.99 | 133.53
s&p 500 ae index 100 113.69 115.26 129.05 157.22 150.33 s&p 500 ae materials index 100 106.91 97.95 114.30 141.55 120.74 s&p aerospace & defense select industry index 100 111.43 117.49 139.70 197.50 181.56 s&p 500 ae industrials index 100 109.83 107.04 127.23 153.99 133.53 .

Question: considering one year of investment , what is the variation between the return provided by arconic inc . and the one provided by s&p 500 aeindustrials index?
Answer: 40%
Calculation: divide(149.83, 100), subtract(#0, const_1), divide(109.83, 100), subtract(#2, const_1), subtract(#1, #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)
9. Trade and Other Receivables
Trade and other receivables consist of the following:
Trade and other receivables are amounts due from third parties for services performed in the ordinary course of business. They are generally due for settlement immediately and therefore are all classified as current. Trade and other receivables are recognized initially at the amount of consideration that is unconditional unless they contain certain significant financing components, at which point they are recognized at fair value. The Group holds the trade receivables with the objective to collect the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest rate method.
Accrued income represents net revenues receivable from charterers, which have not yet been invoiced; all other amounts not yet invoiced are included under Other receivables.
As of December 31, 2018 and 2019 no allowance for expected credit losses was recorded.
Table:
 | As of December 31, | 
 | 2018 | 2019
Trade receivables | 808 | 9,463
VAT receivable | 1,094 | 637
Accrued income | 9,473 | 8,274
Insurance claims | 1,282 | 1,400
Other receivables | 7,587 | 5,126
Total | 20,244 | 24,900


Question: What are the components of trade and other receivables?
Answer: Trade receivables, VAT receivable, Accrued income, Insurance claims, Other receivables
Note 4 – Fair Value Measurements
Assets and Liabilities Measured at Fair Value
The Company’s contingent earn-out liabilities are measured at fair value. These liabilities were estimated using Level 3 inputs. The fair value of contingent consideration was determined based on a probability-based approach which includes projected results, percentage probability of occurrence and the application of a discount rate to present value the payments. A significant change in projected results, discount rate, or probabilities of occurrence could result in a significantly higher or lower fair value measurement. Changes in the fair value of contingent earn-out liabilities are reflected in operating expenses on the Company’s consolidated statements of operations.
The following table presents the changes in Level 3 contingent earn-out liabilities:
In May 2019, the Company fully settled its Del Monte earn-out liability for $200. The long-term portion of contingent earn-out liabilities was $7,957 and $2,792 as of December 27, 2019 and December 28, 2018, respectively, and are reflected as other liabilities and deferred credits on the Company’s consolidated balance sheets. The remaining short-term portion of earn-out liabilities are reflected as accrued liabilities on the Company’s consolidated balance sheets. Contingent earn-out liability payments in excess of the acquisition date fair value of the underlying contingent earn-out liability are classified as operating activities on the Company’s consolidated statements of cash flows and all other such payments are classified as financing activities.
Table:
 | Del Monte  | Fells Point  | Bassian  | Other Acquisitions | Total
Balance December 29, 2017 | $649 | $4,579 | $— | $— | $5,228
Acquisition value | — | — | — | 1,414 | 1,414
Cash payments | — | (3,000) | — | — | (3,000)
Changes in fair value | (649) | 2,070 | — | 27 | 1,448
Balance December 28, 2018 | — | 3,649 | — | 1,441 | 5,090
Acquisition value | — | — | 7,450 | 479 | 7,929
Cash payments | (200) | (3,000) | — | (1,000) | (4,200)
Changes in fair value | 200 | 3,895 | 507 | 1,277 | 5,879
Balance December 27, 2019 | $— | $4,544 | $7,957 | $2,197 | $14,698


Question: What is the change in total balance between fiscal years 2017 and 2018?
Answer: 138
Calculation: 5,228-5,090
Fourth quarter gross profit was $1,081 million and gross margin was 39.3%. On a sequential basis, gross margin increased 140 basis points, mainly driven by improved product mix and better manufacturing efficiencies.
Gross margin decreased 70 basis points year-over-year, mainly impacted by price pressure and unsaturation charges, partially offset by improved manufacturing efficiencies, better product mix and favorable currency effects, net of hedging.
Table:
 |  | Three Months Ended |  | Variation | 
 | December 31, 2019 | September 29, 2018 | December 31, 2018 | Sequential | Year-Over-Year
 |  | (Unaudited, in millions) |  |  | 
Gross profit | $ 1,081 | $ 967 | $ 1,059 | 11.8% | 2.0%
Gross margin (as percentage of net revenues) | 39.3% | 37.9% | 40.0% | +140 bps | -70 bps


Question: What led to the increase in the gross margin on a sequential basis?
Answer: mainly driven by improved product mix and better manufacturing efficiencies.
5. Goodwill and Purchased Intangible Assets
(a) Goodwill
The following tables present the goodwill allocated to our reportable segments as of July 27, 2019 and July 28, 2018, as well as the changes to goodwill during fiscal 2019 and 2018 (in millions):
“Other” in the tables above primarily consists of foreign currency translation as well as immaterial purchase accounting adjustments.
Table:
 | Balance at July 28, 2018 | Acquisitions & Divestitures | Other | Balance at July 27, 2019
Americas | $19,998 | $1,240 | $(118) | $21,120
EMEA | 7,529 | 486 | (38) | 7,977
APJC | 4,179 | 274 | (21) | 4,432
Total | $31,706 | $2,000 | $(177) | $33,529


Question: What was the Total balance at July 28, 2018?
Answer: 31,706