hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Standard & Poor's Rating Services', a Standard & Poor's Financial Services LLC business ("S&P"), corporate credit rating is "BBB." Moody’s Investor Service, Inc.'s ("Moody's") applicable rating is "Baa2." Fitch Ratings', a wholly owned subsidiary of Fimlac, S.A. ("Fitch"), applicable rating is "BBB." The below table outlines the fees paid on the unused portion of the facility ("Facility Fee Rate") and letter of credit fees and borrowings ("Undrawn Letter of Credit Fee and Borrowing Spread") that corresponds to the applicable rating levels from S&P, Moody's and Fitch.
In the event the rating levels are split, the applicable fees and spread will be based upon the rating level in effect for two of the rating agencies, or, if all three rating agencies have different rating levels, the applicable fees and spread will be based upon the rating level that is between the rating levels of the other two rating agencies.
Table:
Ratings Level (S&P/Moody's/Fitch) | Facility Fee Rate | All-in Borrowing Spread
A-/A3/A- or above | 0.090% | 1.000%
BBB+/Baa1/BBB+ | 0.100% | 1.125%
BBB/Baa2/BBB (current level) | 0.125% | 1.250%
BBB-/Baa3/BBB- | 0.175% | 1.375%
BB+/Ba1/BB+ or lower | 0.225% | 1.625%


Question: What are the firm's current credit rating by the three rating agencies?
Answer: Standard & Poor's Rating Services', a Standard & Poor's Financial Services LLC business ("S&P"), corporate credit rating is "BBB.", Moody’s Investor Service, Inc.'s ("Moody's") applicable rating is "Baa2.", Fitch Ratings', a wholly owned subsidiary of Fimlac, S.A. ("Fitch"), applicable rating is "BBB."
The following table shows for the fiscal year ended March 29, 2019, certain information regarding option exercises and stock vested during the last fiscal year with respect to our named executive officers:
Option Exercises and Stock Vested in Fiscal 2019
(1) The value realized upon option exercises is based on the difference between the closing price of our common stock at exercise and the option exercise price.
(2) The number of shares and value realized for stock awards set forth above reflect (i) RSUs that vested and settled in FY19, (ii) RSUs granted under the FY19 EAIP on 5/20/2019, which vested and settled on 6/1/2019, and (iii) PRUs that vested in FY19 and were settled in FY20.
(3) The value realized upon vesting is based on the closing price of our common stock upon vesting in the case of RSUs and the closing price of our common stock on March 29, 2019 in the case of PRUs.
Table:
Option Awards |  |  | Stock Awards | 
Name | Number of Shares Acquired on Exercise (#) | Value Realized on Exercise (1)($)$) | Number of Shares Acquired on Vesting(2) (#) | Value Realized on Vesting (3)($)$)
Gregory S. Clark | — | — | 342,338 | 7,467,791
Nicholas R. Noviello | 332,155 | 4,699,993 | 111,855 | 2,419,818
Amy L. Cappellanti-Wolf | — | — | 92,644 | 1,997,239
Samir Kapuria | — | — | 112,125 | 2,497,640
Scott C. Taylor | — | — | 103,798 | 2,216,595


Question: What is the average total value realized on vesting for all named executive officers?
Answer: 3319816.6
Calculation: (7,467,791+2,419,818+1,997,239+2,497,640+2,216,595)/5
performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 77787 common stockholders of record as of january 31 , 2017 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2016 . the graph and table assume that $ 100 was invested on december 31 , 2011 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested . comparison of five-year cumulative total return for the years ended date citi s&p 500 financials .

Table:
date | citi | s&p 500 | s&p financials
31-dec-2011 | 100.0 | 100.0 | 100.0
31-dec-2012 | 150.6 | 116.0 | 128.8
31-dec-2013 | 198.5 | 153.6 | 174.7
31-dec-2014 | 206.3 | 174.6 | 201.3
31-dec-2015 | 197.8 | 177.0 | 198.2
31-dec-2016 | 229.3 | 198.2 | 243.4
.

Question: what was the difference in percentage cumulative total return between citi common stock and the s&p 500 for the five years ended december 31 , 2016?
Answer: 31.1%
Calculation: subtract(229.3, const_100), divide(#0, const_100), subtract(198.2, const_100), divide(#2, const_100), subtract(#1, #3)
entergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis results of operations net income 2016 compared to 2015 net income increased $ 175.4 million primarily due to the effect of a settlement with the irs related to the 2010-2011 irs audit , which resulted in a $ 136.1 million reduction of income tax expense . also contributing to the increase were lower other operation and maintenance expenses , higher net revenue , and higher other income . the increase was partially offset by higher depreciation and amortization expenses , higher interest expense , and higher nuclear refueling outage expenses . 2015 compared to 2014 net income increased slightly , by $ 0.6 million , primarily due to higher net revenue and a lower effective income tax rate , offset by higher other operation and maintenance expenses , higher depreciation and amortization expenses , lower other income , and higher interest expense . net revenue 2016 compared to 2015 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) .

Table:
 | amount ( in millions )
2015 net revenue | $ 2408.8
retail electric price | 69.0
transmission equalization | -6.5 ( 6.5 )
volume/weather | -6.7 ( 6.7 )
louisiana act 55 financing savings obligation | -17.2 ( 17.2 )
other | -9.0 ( 9.0 )
2016 net revenue | $ 2438.4
the retail electric price variance is primarily due to an increase in formula rate plan revenues , implemented with the first billing cycle of march 2016 , to collect the estimated first-year revenue requirement related to the purchase of power blocks 3 and 4 of the union power station .
see note 2 to the financial statements for further discussion .
the transmission equalization variance is primarily due to changes in transmission investments , including entergy louisiana 2019s exit from the system agreement in august 2016 .
the volume/weather variance is primarily due to the effect of less favorable weather on residential sales , partially offset by an increase in industrial usage and an increase in volume during the unbilled period .
the increase .

Question: if the same changes to net income that occured in 2015 compared to 2014 recurred in 2016 , what would 2016 net revenue have been?
Answer: 2439
Calculation: add(0.6, 2438.4)
Telecommunications Segment
Net revenue: Net revenue from our Telecommunications segment for the year ended December 31, 2019 decreased $97.5 million to $696.1 million from $793.6 million for the year ended December 31, 2018. The decrease can be attributed to changes in our customer mix, fluctuations in wholesale voice termination volumes and market pressures, which resulted in a decline in revenue contribution.
Cost of revenue: Cost of revenue from our Telecommunications segment for the year ended December 31, 2019 decreased $94.2 million to $684.9 million from $779.1 million for the year ended December 31, 2018. The decrease was directly correlated to the fluctuations in wholesale voice termination volumes, in addition to a slight reduction in margin mix attributed to market pressures on call termination rates.
Selling, general and administrative: Selling, general and administrative expenses from our Telecommunications segment for the year ended December 31, 2019 decreased $1.2 million to $8.2 million from $9.4 million for the year ended December 31, 2018. The decrease was primarily due to a decrease in compensation expense due to headcount decreases and reductions in bad debt expense.
Other operating expense: $4.5 million of other operating expense for the year ended December 31, 2019 was driven by impairment of goodwill as a result of declining performance at the segment.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | Increase / (Decrease)
Net revenue | $696.1 | $793.6 | $(97.5)
Cost of revenue | 684.9 | 779.1 | (94.2)
Selling, general and administrative | 8.2 | 9.4 | (1.2)
Depreciation and amortization | 0.3 | 0.3 | —
Other operating expense | 4.5 | — | 4.5
Income (loss) from operations | (1.8) | $4.8 | $(6.6)


Question: What was the selling, general and administrative expense for the year ended December 31, 2018?
Answer: $8.2 million
CREDIT FACILITIES
Bell Canada may issue notes under its Canadian and U.S. commercial paper programs up to the maximum aggregate principal amount of $3 billion in either Canadian or U.S. currency provided that at no time shall such maximum amount of notes exceed $4 billion in Canadian currency which equals the aggregate amount available under Bell Canada’s committed supporting revolving and expansion credit facilities as at December 31, 2019. The total amount of the net available committed revolving and expansion credit facilities may be drawn at any time.
The table below is a summary of our total bank credit facilities at December 31, 2019.
(1) Bell Canada’s $2.5 billion and additional $500 million committed revolving credit facilities expire in November 2024 and November 2020, respectively, and its $1 billion committed expansion credit facility expires in November 2022. Bell Canada has the option, subject to certain conditions, to convert advances outstanding under the additional $500 million revolving credit facility into a term loan with a maximum one-year term.
(2) As of December 31, 2019, Bell Canada’s outstanding commercial paper included $1,502 million in U.S. dollars ($1,951 million in Canadian dollars). All of Bell Canada’s commercial paper outstanding is included in debt due within one year.
Table:
 | TOTAL AVAILABLE | DRAWN | LETTERS OF CREDIT | COMMERCIAL PAPER OUTSTANDING | NET AVAILABLE
Committed credit facilities |  |  |  |  | 
Unsecured revolving and expansion credit facilities (1) (2) | 4,000 | – | – | 1,951 | 2,049
Other | 106 | – | 106 | – | –
Total committed credit facilities | 4,106 | – | 106 | 1,951 | 2,049
Total non-committed credit facilities | 1,939 | – | 1,059 | – | 880
Total committed and non-committed credit facilities | 6,045 | – | 1,165 | 1,951 | 2,929


Question: What is Bell Canada's outstanding commercial paper in 2019?
Answer: $1,502 million in U.S. dollars ($1,951 million in Canadian dollars)
Irish SIP
The weighted average market value per ordinary share for Irish SIP options exercised in 2019 was 350.0p (2018: 387.5p). The SIP shares outstanding at 31 March 2018 have fully vested (2018: had a weighted average remaining vesting period of 0.1 years). Options exercised prior to the vesting date relate to those attributable to good leavers as defined by the scheme rules.
Table:
 | 2019 | 2018
 | Number | Number
Outstanding at 1 April | 35,922 | 44,431
Dividend shares awarded | – | 788
Forfeited | – | (7,950)
Exercised | (30,506) | (1,347)
Outstanding at 31 March | 5,416 | 35,922
Vested and outstanding at 31 March | 5,416 | –


Question: What was the weighted average market value per ordinary share for Irish SIP options exercised in 2019?
Answer: 350.0p
OPERATING COSTS AND ADJUSTED EBITDA
Bell Wireline operating costs were essentially stable year over year, decreasing by 0.1% in 2019, compared to 2018, resulting from: • The favourable impact from the adoption of IFRS 16 in 2019 • Continued effective cost containment • Lower pension expenses reflecting reduced DB costs
These factors were partly offset by: • Higher cost of goods sold related to the growth in product sales • Increased costs from the acquisition of Axia • Greater payments to other carriers from increased sales of international wholesale long distance minutes
Bell Wireline adjusted EBITDA grew by 1.7% in 2019, compared to last year, reflecting the growth in revenues as operating expenses were relatively stable year over year. Adjusted EBITDA margin increased to 43.8% in 2019, compared to the 43.4% achieved last year, resulting from the favourable impact of the adoption of IFRS 16 in 2019 and the flow-through of the service revenue growth, offset in part by higher low-margin product sales in our total revenue base.
Table:
 | 2019 | 2018 | $ CHANGE | % CHANGE
Operating costs | (6,942) | (6,946) | 4 | 0.1%
Adjusted EBITDA | 5,414 | 5,321 | 93 | 1.7%
Adjusted EBITDA margin | 43.8% | 43.4% |  | 0.4 pts


Question: What is the % change in the adjusted EBITDA margin from 2018 to 2019?
Answer: 0.4 pts
ITEM 6. SELECTED FINANCIAL DATA (Dollars in thousands, except per share data and unless otherwise indicated)
The Selected Consolidated Statements of Operations Data for the years ended December 31, 2019, 2018 and 2017 and the Selected Consolidated Balance Sheet Data as of December 31, 2019 and 2018 were derived from our Consolidated Financial Statements included in Item 8 of this Form 10-K. The Selected Consolidated Statements of Operations Data for the years ended December 31, 2016 and 2015 and the Selected Consolidated Balance Sheet Data as of December 31, 2017 and 2016 were derived from our audited Consolidated Financial Statements not included in this Form 10-K. Our historical results are not necessarily indicative of the results to be expected in the future. You should read the following financial information together with the information under Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the Consolidated Financial Statements and related notes included in Item 8.
GS Holdings and GSLLC are our predecessors for accounting purposes and, accordingly, amounts prior to the Reorganization Transactions and IPO represent the historical consolidated operations of either GS Holdings or GSLLC and its subsidiaries. The amounts as of December 31, 2019 and 2018 and during the period from May 24, 2018 through December 31, 2019 represent those of consolidated GreenSky, Inc. and its subsidiaries. Prior to the Reorganization Transactions and IPO, GreenSky, Inc. did not engage in any business or other activities except in connection with its formation and initial capitalization. See Note 1 to the Notes to Consolidated Financial Statements in Item 8 for further information on our organization.
Table:
 |  | December 31, |  | 
Selected Consolidated Balance Sheet Data: | 2019 | 2018 | 2017 | 2016
Cash and cash equivalents | $195,760 | $303,390 | $224,614 | $185,243
Restricted cash | 250,081 | 155,109 | 129,224 | 42,871
Loan receivables held for sale, net | 51,926 | 2,876 | 73,606 | 41,268
Deferred tax assets, net | 364,841 | 306,979 | — | —
Total assets | 951,048 | 802,905 | 462,889 | 302,205
Finance charge reversal liability | 206,035 | 138,589 | 94,148 | 68,064
Term loan | 384,497 | 386,822 | 338,263 | —
Tax receivable agreement liability | 311,670 | 260,901 | — | —
Total liabilities | 1,005,991 | 837,670 | 488,928 | 89,995
Total temporary equity | — | — | 430,348 | 335,720
Noncontrolling interest | (80,758) | (60,349) | — | —
Total permanent equity (deficit) | (54,943) | (34,765) | (456,387) | (123,510)
Total liabilities, temporary equity and permanent equity (deficit) | 951,048 | 802,905 | 462,889 | 302,205


Question: What was the percentage change in total assets between 2018 and 2019?
Answer: 18.45
Calculation: (951,048-802,905)/802,905
Operating Results – Teekay Tankers
The following table compares Teekay Tankers’ operating results, equity income and number of calendar-ship-days for its vessels for 2019 and 2018.
(1) Calendar-ship-days presented relate to owned and in-chartered consolidated vessels.
Teekay Tankers' income from vessel operations increased to $123.9 million in 2019 compared to $7.2 million in 2018, primarily as a result of: • an increase of $129.3 million due to higher overall average realized spot tanker rates earned by Teekay Tankers' Suezmax, Aframax and LR2 product tankers; • an increase of $3.5 million due to improved net results from Teekay Tankers' full service lightering (or FSL) activities from more voyage days and higher realized spot rates earned;
• an increase of $3.4 million resulting from lower general and administrative expenses primarily due to non-recurring project expenses incurred in 2018; • a net increase of $2.3 million primarily due to the delivery of three Aframax and two LR2 chartered-in tankers in late 2018 and throughout 2019, partially offset by the redeliveries of various in-chartered tankers to their owners in the second and third quarters of 2018; and • an increase of $1.2 million as a result of restructuring charge incurred in the prior year;
partially offset by
• a decrease of $10.2 million due to a higher number of off-hire days in 2019 resulting from dry dockings and higher off-hire bunker expenses compared to the prior year; • a decrease of $6.9 million due to lower revenues and loss on the sale of one Suezmax tanker in 2019 and the write-down of two Suezmax tankers that were classified as held for sale at December 31, 2019; and • a decrease of $6.4 million due to the amortization of first dry dockings for various former Tanker Investments Ltd. (or TIL) vessels subsequent to Teekay Tankers' acquisition of TIL in late 2017.
Equity income increased to $2.3 million in 2019 from $1.2 million in 2018 primarily due to higher earnings recognized in 2019 from the High-Q Investment Ltd. joint venture as a result of higher spot rates earned in 2019.
Table:
 | Year Ended December 31, | 
(in thousands of U.S. dollars, except calendar-ship-days) | 2019 | 2018
Revenues | 943,917 | 776,493
Voyage expenses | (402,294) | (381,306)
Vessel operating expenses | (208,601) | (209,131)
Time-charter hire expense | (43,189) | (19,538)
Depreciation and amortization | (124,002) | (118,514)
General and administrative expenses | (36,404) | (39,775)
Write-down and loss on sale of vessels | (5,544) | 170
Restructuring charges | — | (1,195)
Income from vessel operations | 123,883 | 7,204
Equity income | 2,345 | 1,220
Calendar-Ship-Days (1) |  | 
Conventional Tankers | 22,350 | 21,226


Question: What is the increase/ (decrease) in Revenues from, 2019 to 2018?
Answer: 167424
Calculation: 943,917-776,493
8. Income Per Share
Basic income per share is calculated by dividing net earnings by the weighted average number of common shares outstanding for the applicable period. Diluted income per share is calculated after adjusting the denominator of the basic income per share calculation for the effect of all potential dilutive common shares outstanding during the period. The following table sets forth the computation of basic and diluted income per share:
For fiscal 2019, options and RSUs of 83,939 were excluded from the computation of diluted net income per share as their effect would have been anti-dilutive. For fiscal 2018 and fiscal 2017, the Company had no options or RSUs that were excluded from the computation of diluted net income per shares. RSAs for 594,382 shares in fiscal 2019, 363,413 shares in fiscal 2018 and 779,000 shares in fiscal 2017 were excluded from the calculation of diluted net income per share as these awards contain performance conditions that would not have been achieved as of the end of each reporting period had the measurement period ended as of that date.
Table:
 | April 27, 2019 | April 28, 2018 | April 29, 2017
Numerator: |  |  | 
Net Income (in millions) | $91.6 | $57.2 | $92.9
Denominator: |  |  | 
Denominator for Basic Earnings Per Share-Weighted Average Shares |  |  | 
Outstanding and Vested/Unissued Restricted Stock Units | 37,405,298 | 37,281,630 | 37,283,096
Dilutive Potential Common Shares-Employee Stock Options, |  |  | 
Restricted Stock Awards and Restricted Stock Units | 264,262 | 260,269 | 202,605
Denominator for Diluted Earnings Per Share | 37,669,560 | 37,541,899 | 37,485,701
Basic and Diluted Income Per Share: |  |  | 
Basic Income Per Share | $2.45 | $1.54 | $2.49
Diluted Income Per Share | $2.43 | $1.52 | $2.48


Question: What is the average Outstanding and Vested/Unissued Restricted Stock Units for 2017-2019?
Answer: 37323341.33
Calculation: (37,405,298 + 37,281,630 + 37,283,096) / 3
Revenue allocated to remaining performance obligations represents contract revenues that have not yet been recognized for contracts with a duration greater than one year. As of December 31, 2019, we did not have any significant performance obligations related to customer contracts that had an original expected duration of one year or more, other than maintenance services, which are satisfied over time. As a practical expedient, for certain contracts recognize revenue equal to the amounts we are entitled to invoice which correspond to the value of completed performance obligations to date. The amount related to these performance obligations was $13.3 million as of December 31, 2018. The amount related to these performance obligations was $13.6 million as of December 31, 2019, and the Company expects to recognize 64% of such revenue over the next 12 months with the remainder thereafter.
The following table provides information about accounts receivables, contract assets and unearned revenue from contracts with customers:
(1) Included in other receivables on the Consolidated Balance Sheets
Of the outstanding unearned revenue balance as of December 31, 2018, $12.7 million was recognized as revenue during the year ended December 31, 2019.
Table:
(In thousands) | December 31, 2019 | December 31, 2018
Accounts receivable | $90,531 | $99,385
Contract assets (1) | $2,812 | $3,766
Unearned revenue | $11,963 | $17,940
Non-current unearned revenue | $6,012 | $5,296


Question: What was the change in contract assets between 2018 and 2019?
Answer: -954
Calculation: $2,812-$3,766
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts) ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
The following table presents our net sales by extended warranty and service contracts recognized over time and our product and service revenue recognized at a point in time:
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Product and service revenue recognized at point in time | $786,918 | $715,055 | $667,440
Extended warranty and service contracts recognized over time | 2,030 | 3,837 | 3,572
Total | $788,948 | $718,892 | $671,012


Question: What was the change in Extended warranty and service contracts recognized over time between 2017 and 2018?
Answer: 265
Calculation: 3,837-3,572