hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
11 Intangible assets
(a) Intangible assets
RIGHTS AND LICENCES
Certain licences that NEXTDC possesses have an indefinite useful life and are carried at cost less impairment losses and are subject to impairment review at least annually and whenever there is an indication that it may be impaired.
Other licences that NEXTDC acquires are carried at cost less accumulated amortisation and accumulated impairment losses. Amortisation is recognised on a straight-line basis over the estimated useful life. The estimated useful life and amortisation method are reviewed at the end of each annual reporting period.
INTERNALLY GENERATED SOFTWARE
Internally developed software is capitalised at cost less accumulated amortisation. Amortisation is calculated using the straight-line basis over the asset’s useful economic life which is generally two to three years. Their useful lives and potential impairment are reviewed at the end of each financial year.
SOFTWARE UNDER DEVELOPMENT
Costs incurred in developing products or systems and costs incurred in acquiring software and licenses that will contribute to future period financial benefits through revenue generation and/or cost reduction are capitalised to software and systems. Costs capitalised include external direct costs of materials and services and employee costs.
Assets in the course of construction include only those costs directly attributable to the development phase and are only recognised following completion of technical feasibility and where the Group has an intention and ability to use the asset.
Table:
 | Rights and licences | Internally generated software | Software under development | Total
Movements | $'000 | $'000 | $'000 | $'000
30 June 2019 |  |  |  | 
Opening net book amount at 1 July 2018 | 13 | 6,385 | 6,509 | 12,907
Additions – internally developed | - | - | 11,896 | 11,896
Amortisation | - | (1,116) | - | (1,116)
Transfers between classes | - | 2,121 | (2,121) | -
Disposals | - | (9) | - | (9)
Closing net book amount | 13 | 7,381 | 16,284 | 23,678


Question: What was the total opening net book amount at 1 July 2018?
Answer: 12,907
table of contents index to financial statements item 3 . legal proceedings . item 4 . mine safety disclosures . not applicable . part ii price range our common stock trades on the nasdaq global select market under the symbol 201cmktx 201d . the range of closing price information for our common stock , as reported by nasdaq , was as follows : on february 16 , 2012 , the last reported closing price of our common stock on the nasdaq global select market was $ 32.65 . holders there were 41 holders of record of our common stock as of february 16 , 2012 . dividend policy we initiated a regular quarterly dividend in the fourth quarter of 2009 . during 2010 and 2011 , we paid quarterly cash dividends of $ 0.07 per share and $ 0.09 per share , respectively . in january 2012 , our board of directors approved a quarterly cash dividend of $ 0.11 per share payable on march 1 , 2012 to stockholders of record as of the close of business on february 16 , 2012 . any future declaration and payment of dividends will be at the sole discretion of the company 2019s board of directors . the board of directors may take into account such matters as general business conditions , the company 2019s financial results , capital requirements , contractual , legal , and regulatory restrictions on the payment of dividends to the company 2019s stockholders or by the company 2019s subsidiaries to the parent and any such other factors as the board of directors may deem relevant . recent sales of unregistered securities item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities. .

Table:
2011: | high | low
january 1 2011 to march 31 2011 | $ 24.19 | $ 19.78
april 1 2011 to june 30 2011 | $ 25.22 | $ 21.00
july 1 2011 to september 30 2011 | $ 30.75 | $ 23.41
october 1 2011 to december 31 2011 | $ 31.16 | $ 24.57
2010: | high | low
january 1 2010 to march 31 2010 | $ 16.20 | $ 13.25
april 1 2010 to june 30 2010 | $ 17.40 | $ 13.45
july 1 2010 to september 30 2010 | $ 17.30 | $ 12.39
october 1 2010 to december 31 2010 | $ 20.93 | $ 16.93
.

Question: during 2010 and 2011 what were total quarterly cash dividends per share?
Answer: 0.16
Calculation: add(0.07, 0.09)
The credit quality and credit concentration of cash equivalents, current asset investments and derivative financial assets are detailed in the tables below. Where the opinion of Moody’s and Standard & Poor’s (S&P) differ, the lower rating is used.
a We hold cash collateral of £638m (2017/18: £492m, 2016/17: £702m) in respect of derivative financial assets with certain counterparties.
The concentration of credit risk for our trading balances is provided in note 17, which analyses outstanding balances by customerfacing unit. Where multiple transactions are undertaken with a single financial counterparty or group of related counterparties, we enter into netting arrangements to reduce our exposure to credit risk by making use of standard International Swaps and Derivatives Association (ISDA) documentation.
We have also entered into credit support agreements with certain swap counterparties whereby, on a daily, weekly and monthly basis, the fair value position on notional £3,289m of long dated cross-currency swaps and interest rate swaps is collateralised. The related net cash inflow during the year was £129m (2017/18: outflow £220m, 2016/17: inflow £100m). The collateral paid and received is recognised within current asset investments and loans and other borrowings, respectively.
Table:
 | 2019 | 2018 | 2017
Moody’s / S&P credit rating of counterparty | £m | £m | £m
Aa2/AA and above | 2,522 | 2,575 | 1,444
Aa3/AA– | 1,376 | 313 | 208
A1/A+a | 1,145 | 651 | 952
A2/Aa | 649 | 628 | 370
A3/A–a | 50 | 180 | 204
Baa1/BBB+a | 75 | 59 | 561
Baa2/BBB and below a | 160 | 207 | 86
 | 5,977 | 4,613 | 3,825


Question: In which year(s) is A1/A+a less than 1,000 million?
Answer: 2018, 2017
Calculation: Locate and analyze A1/A+a in row 5
Note 9: Long-Term Debt
The Company's long-term debt consists of the following (annualized interest rates, dollars in millions):
(1) Interest is payable on June 1 and December 1 of each year at 1.00% annually. (2) Interest is payable on April 15 and October 15 of each year at 1.625% annually. (3) Consists of U.S. real estate mortgages, term loans, revolving lines of credit, notes payable and other facilities at certain international locations where interest is payable weekly, monthly or quarterly, with interest rates between 1.00% and 4.00% and maturity dates between 2019 and 2022.
(4) Debt discount of $20.4 million and $41.6 million for the 1.00% Notes, $71.8 million and $88.5 million for the 1.625% Notes and $10.5 million and $9.3 million for the Term Loan "B" Facility, in each case as of December 31, 2019 and December 31, 2018, respectively. (5) Debt issuance costs of $2.8 million and $5.8 million for the 1.00% Notes, $6.9 million and $8.5 million for the 1.625% Notes and $24.3 million and $19.2 million for the Term Loan "B" Facility, in each case as of December 31, 2019 and December 31, 2018, respectively.
Table:
 | As of | 
 | December 31, 2019 | December 31, 2018
Amended Credit Agreement:   |  | 
Revolving Credit Facility due 2024, interest payable monthly at3 .30% and 3.77%, respectively | $800.0 | $400.0
Term Loan “B” Facility due 2026, interest payable monthly at3 .80% and 4.27%, respectively | 1,630.9 | 1,134.5
1.00% Notes due 2020 (1) | 690.0 | 690.0
1.625% Notes due 2023 (2) | 575.0 | 575.0
Other long-term debt (3) | 53.3 | 139.5
Gross long-term debt, including current maturities | 3,749.2 | 2,939.0
Less: Debt discount (4) | (102.7) | (139.4)
Less: Debt issuance costs (5) | (34.0) | (33.5)
Net long-term debt, including current maturities | 3,612.5 | 2,766.1
Less: Current maturities | (736.0) | (138.5)
 Net long-term debt | $2,876.5 | $2,627.6


Question: What is the net long-term debt for 2019?
Answer: $2,876.5
14 . leases we lease certain locomotives , freight cars , and other property . the consolidated statement of financial position as of december 31 , 2009 and 2008 included $ 2754 million , net of $ 927 million of accumulated depreciation , and $ 2024 million , net of $ 869 million of accumulated depreciation , respectively , for properties held under capital leases . a charge to income resulting from the depreciation for assets held under capital leases is included within depreciation expense in our consolidated statements of income . future minimum lease payments for operating and capital leases with initial or remaining non-cancelable lease terms in excess of one year as of december 31 , 2009 were as follows : millions of dollars operating leases capital leases .

Table:
millions of dollars | operatingleases | capital leases
2010 | $ 576 | $ 290
2011 | 570 | 292
2012 | 488 | 247
2013 | 425 | 256
2014 | 352 | 267
later years | 2901 | 1623
total minimum lease payments | $ 5312 | $ 2975
amount representing interest | n/a | -914 ( 914 )
present value of minimum lease payments | n/a | $ 2061
the majority of capital lease payments relate to locomotives .
rent expense for operating leases with terms exceeding one month was $ 686 million in 2009 , $ 747 million in 2008 , and $ 810 million in 2007 .
when cash rental payments are not made on a straight-line basis , we recognize variable rental expense on a straight-line basis over the lease term .
contingent rentals and sub-rentals are not significant .
15 .
commitments and contingencies asserted and unasserted claims 2013 various claims and lawsuits are pending against us and certain of our subsidiaries .
we cannot fully determine the effect of all asserted and unasserted claims on our consolidated results of operations , financial condition , or liquidity ; however , to the extent possible , where asserted and unasserted claims are considered probable and where such claims can be reasonably estimated , we have recorded a liability .
we do not expect that any known lawsuits , claims , environmental costs , commitments , contingent liabilities , or guarantees will have a material adverse effect on our consolidated results of operations , financial condition , or liquidity after taking into account liabilities and insurance recoveries previously recorded for these matters .
personal injury 2013 the cost of personal injuries to employees and others related to our activities is charged to expense based on estimates of the ultimate cost and number of incidents each year .
we use third-party actuaries to assist us in measuring the expense and liability , including unasserted claims .
the federal employers 2019 liability act ( fela ) governs compensation for work-related accidents .
under fela , damages are assessed based on a finding of fault through litigation or out-of-court settlements .
we offer a comprehensive variety of services and rehabilitation programs for employees who are injured at .

Question: what portion of 2009 operating leases are current liabilities?
Answer: 10.8%
Calculation: divide(576, 5312)
The Company recognizes these compensation costs on a straight-line basis over the requisite service period of the award, which is generally the award vesting term of four years. Forfeitures are accounted for as they occur.
Total stock-based compensation cost capitalized in inventory was less than $0.8 million in the years ended December 31, 2019, 2018 and 2017.
As of December 31, 2019, $7.8 million of unrecognized compensation cost related to stock options is expected to be recognized over a weighted-average period of 2.1 years and $41.3 million of unrecognized compensation cost related to unvested RSUs is expected to be recognized over a weighted-average period of 2.2 years. If there are any modifications or cancellations of the underlying unvested awards, the Company may be required to accelerate, increase or cancel all or a portion of the remaining unearned stock-based compensation expense.
The  following  table  sets  forth  the  stock-based  compensation  expense  resulting  from  stock  options,  RSUs,  and  the  ESPP  included  in  the  Company’s consolidated statements of operations:
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (In thousands) | 
Cost of revenue | $2,843 | $2,435 | $1,406
Research and development | 6,532 | 4,283 | 2,968
Sales and marketing | 9,069 | 8,267 | 5,481
General and administrative | 10,693 | 11,476 | 9,114
Total | $29,137 | $26,461 | $18,969


Question: What was the research and development expense in 2019?
Answer: 6,532
supplementary information on oil and gas producing activities ( unaudited ) c o n t i n u e d summary of changes in standardized measure of discounted future net cash flows relating to proved oil and gas reserves ( in millions ) 2006 2005 2004 sales and transfers of oil and gas produced , net of production , transportation and administrative costs $ ( 5312 ) $ ( 3754 ) $ ( 2689 ) net changes in prices and production , transportation and administrative costs related to future production ( 1342 ) 6648 771 .

Table:
( in millions ) | 2006 | 2005 | 2004
sales and transfers of oil and gas produced net of production transportation and administrative costs | $ -5312 ( 5312 ) | $ -3754 ( 3754 ) | $ -2689 ( 2689 )
net changes in prices and production transportation and administrative costs related to future production | -1342 ( 1342 ) | 6648 | 771
extensions discoveries and improved recovery less related costs | 1290 | 700 | 1349
development costs incurred during the period | 1251 | 1030 | 609
changes in estimated future development costs | -527 ( 527 ) | -552 ( 552 ) | -628 ( 628 )
revisions of previous quantity estimates | 1319 | 820 | 948
net changes in purchases and sales of minerals in place | 30 | 4557 | 33
accretion of discount | 1882 | 1124 | 757
net change in income taxes | -660 ( 660 ) | -6694 ( 6694 ) | -627 ( 627 )
timing and other | -14 ( 14 ) | 307 | 97
net change for the year | -2083 ( 2083 ) | 4186 | 620
beginning of year | 10601 | 6415 | 5795
end of year | $ 8518 | $ 10601 | $ 6415
net change for the year from discontinued operations | $ -216 ( 216 ) | $ 162 | $ -152 ( 152 )
.

Question: what was the average upward revisions of cash flow of previous quantity estimates during the three year period , in millions?
Answer: 1029
Calculation: table_average(revisions of previous quantity estimates, none)
As of December 31, 2019, we had 19,577 employees, which included 11,328 engineers, 7,416 technicians and 833 administrative staff performing administrative functions on a consolidated basis. We have in the past implemented, and may in the future evaluate the need to implement, labor redundancy plans based on the work performance of our employees.
Employee salaries are reviewed annually. Salaries are adjusted based on industry standards, inflation and individual performance. As an incentive, additional bonuses in cash may be paid at the discretion of management based on the performance of individuals. In addition, except under certain circumstances, R.O.C. law requires us to reserve from 10% to 15% of any offerings of our new common shares for employees’ subscription.
Our employees participate in our profit distribution pursuant to our articles of incorporation. Employees are entitled to receive additional bonuses based on a certain percentage of our allocable surplus income. On February 26, 2020, our board of directors proposed an employee bonus in cash in the aggregate amount of NT$1,133 million (US$38 million) in relation to retained earnings in 2019.
Our employees are not covered by any collective bargaining agreements. We believe we have a good relationship with our employees.
Table:
 |  | As of December 31, | 
 | 2017 | 2018 | 2019
Employees |  |  | 
Engineers | 11,846 | 11,651 | 11,328
Technicians | 7,432 | 7,494 | 7,416
Administrative Staff | 798 | 784 | 833
Total | 20,076 | 19,929 | 19,577


Question: What are the average number of Engineers employed? 
Answer: 11608.33
Calculation: (11,846+11,651+11,328) / 3
5. Net Income (Loss) per Share
The Company calculates basic earnings per share by dividing the net income (loss) by the weighted average number of shares of common stock outstanding for the period. The diluted earnings per share is computed by giving effect to all potential dilutive common stock equivalents outstanding for the period using the treasury stock method. For purposes of this calculation, options to purchase common stock, stock awards, and the Convertible Senior Notes are considered to be common stock equivalents.
Since the Company has the intent and ability to settle the principal amount of the Convertible Senior Notes in cash and any excess in shares of the Company’s common stock, the Company uses the treasury stock method for calculating any potential dilutive effect of the conversion spread on diluted net income per share, if applicable.
The conversion spread will have a dilutive impact on net income (loss) per share of common stock when the average market price of the Company’s common stock for a given period exceeds the conversion price of $113.75 per share for the Convertible Senior Notes. During the fiscal years ended July 31, 2019 and 2018, the Company’s weighted average common stock price was below the conversion price of the Convertible Senior Notes.
The following table sets forth the computation of the Company’s basic and diluted net income per share for the years endedJ uly 31, 2019, 2018 and 2017 (in thousands, except share and per share amounts):
Table:
 | 2019 | 2018 | 2017
Numerator: |  |  | 
Net income (loss) | $20,732 | $(26,743) | $18,072
Net income (loss) per share: |  |  | 
Basic | $0.25 | $(0.34) | $0.24
Diluted | $0.25 | $(0.34) | $0.24
Denominator: |  |  | 
Weighted average shares used in computing net income (loss) per share: |  |  | 
Basic | 81,447,998 | 77,709,592 | 73,994,577
Weighted average effect of diluted stock options | 229,035 | — | 544,520
Weighted average effect of diluted stock awards | 1,004,181 | — | 789,246
Diluted | 82,681,214 | 77,709,592 | 75,328,343


Question: What was the basic Net income (loss) per share in 2019?
Answer: $0.25
11. Reportable Segments, Geographic Information and Major Customers
Reportable segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or group, in assessing performance and allocating resources. The Company uses an internal management reporting system, which provides important financial data to evaluate performance and allocate the Company’s resources on a regional basis. Net sales for the segments are attributed to the region in which the product is manufactured or the service is performed. The services provided, manufacturing processes used, class of customers serviced and order fulfillment processes used are similar and generally interchangeable across the segments. A segment’s performance is evaluated based upon its operating income (loss). A segment’s operating income (loss) includes its net sales less cost of sales and selling and administrative expenses, but excludes corporate and other expenses. Corporate and other expenses  fiscal 2019 and the $13.5 million one-time employee bonus paid to full-time, non-executive employees during fiscal 2018 due to the Company's ability to access overseas cash as a result of Tax Reform (the "one-time employee bonus"). These costs are not allocated to the segments, as management excludes such costs when assessing the performance of the segments. Inter-segment transactions are generally recorded at amounts that approximate arm’s length transactions. The accounting policies for the segments are the same as for the Company taken as a whole.
Information about the Company’s three reportable segments for fiscal 2019, 2018 and 2017 is as follows (in thousands):
Table:
 | 2019 | 2018 | 2017
Net sales:       |  |  | 
AMER  | $1,429,308 | $1,218,944 | $1,166,346
APAC  | 1,557,205 | 1,498,010 | 1,279,261
EMEA  | 309,933 | 281,489 | 192,829
Elimination of inter-segment sales  | (132,012) | (124,935) | (110,384)
 | 3,164,434 | 2,873,508 | 2,528,052
Operating income (loss): |  |  | 
AMER | $57,780 | $38,637 | $41,924
APAC | 208,178 | 213,935 | 200,103
EMEA | 4,475 | 1,447 | (6,197)
Corporate and other costs | (128,378) | (135,736) | (105,922)
 | $142,055 | $118,283 | $129,908
Other income (expense): |  |  | 
Interest expense | $(12,853) | $(12,226) | $(13,578)
Interest income | 1,949 | 4,696 | 5,042
Miscellaneous, net | (5,196) | (3,143) | 451
Income before income taxes | $125,955 | $107,610 | $121,823


Question: How many years did the net sales from EMEA exceed $300,000 thousand?
Answer: 1
Calculation: 2019
12. Restructuring
In fiscal 2019, the Company initiated a restructuring plan to increase efficiency in its sales, marketing and distribution functions as well as reduce costs across all functional areas. During the year ended March 31, 2019, the Company incurred total restructuring charges of $14,765. These restructuring charges relate primarily to severance and related costs associated with headcount reductions and lease abandonment charges associated with two leases. These charges include $2,632 of stock- based compensation related to modifications of existing unvested awards granted to certain employees impacted by the restructuring plan.
The activity in the Company’s restructuring accruals for the year ended March 31, 2019 is summarized as follows:
As of March 31, 2019, the outstanding restructuring accruals primarily relate to future severance and lease payments.
(In thousands, except per share data)
Table:
 | Lease abandonment charges | Severance & payroll related charges | Total
Balance at March 31, 2018 | $— | $— | $—
Restructuring charges | 1,034 | 14,606 | 15,640
Payments | (540) | (12,642) | (13,182)
Accrual reversals | — | (875) | (875)
Balance at March 31, 2019 | $494 | $1,089 | $1,583


Question: Why did the company initiate a restructuring plan?
Answer: to increase efficiency in its sales, marketing and distribution functions as well as reduce costs across all functional areas.
12. Government grants
The following government grants are included within creditors:
A government grant has been received to accelerate and support research and development in the vulnerability of global navigation satellite systems.
Table:
 | 2019 | 2018
 | £ million | £ million
Current | 0.7 | 0.3
Non-current | 0.1 | 0.8
 | 0.8 | 1.1


Question: What was the percentage change in the amount of current government grants?
Answer: 133.33
Calculation: (0.7-0.3)/0.3
Foreign Currency Translation Impact on Consolidated Financial Results
Since we are a U.S. domiciled company, we translate our foreign currency-denominated financial results into US Dollars. Due to the changes in the value of foreign currencies relative to the US Dollar, translating our financial results from foreign currencies to US Dollars may result in a favorable or unfavorable impact. Historically, the most significant currencies that have impacted the translation of our consolidated financial results are the euro, the Australian dollar, the Mexican peso, the British pound, the Canadian dollar, the Brazilian real and the Chinese Renminbi.
The following table presents the approximate favorable or (unfavorable) impact foreign currency translation had on certain of our consolidated financial results
Table:
(In millions) | 2019 vs. 2018 | 2018 vs. 2017
Net sales | $ (137.2) | $ (43.4)
Cost of sales | 98.4 | 31.7
Selling, general and administrative expenses | 16.3 | 1.0
Net earnings | (15.7) | (8.2)
Non-U.S. GAAP Adjusted EBITDA | (25.3) | (11.1)


Question: What is the percentage change of the impact of Net sales of 2019 vs. 2018 from 2018 vs. 2017?
Answer: 216.13
Calculation: (137.2-43.4)/43.4