hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
3. CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES
Cash and cash equivalents primarily consist of deposits held at major banks, Tier-1 commercial paper debt securities and other securities with original maturities of 90 days or less. Marketable securities consist of Tier-1 commercial paper debt securities, corporate debt securities and certain other securities.
The amortized principal amounts of our cash, cash equivalents and marketable securities approximated their fair values at May 31, 2019 and 2018. We use the specific identification method to determine any realized gains or losses from the sale of our marketable securities classified as available-for-sale. Such realized gains and losses were insignificant for fiscal 2019, 2018 and 2017. The following table summarizes the components of our cash equivalents and marketable securities held, substantially all of which were classified as available-for-sale:
As of May 31, 2019 and 2018, approximately 33% and 26%, respectively, of our marketable securities investments mature within one year and 67% and 74%, respectively, mature within one to four years. Our investment portfolio is subject to market risk due to changes in interest rates. As described above, we limit purchases of marketable debt securities to investment-grade securities, which have high credit ratings and also limit the amount of credit exposure to any one issuer. As stated in our investment policy, we are averse to principal loss and seek to preserve our invested funds by limiting default risk and market risk.
Restricted cash that was included within cash and cash equivalents as presented within our consolidated balance sheets as of May 31, 2019 and 2018 and our consolidated statements of cash flows for the years ended May 31, 2019, 2018 and 2017 was nominal.
Table:
 | May 31, | 
(in millions) | 2019 | 2018
Corporate debt securities and other | $22,242 | $44,302
Commercial paper debt securities | — | 1,647
Money market funds | 5,700 | 6,500
Total investments | $27,942 | $52,449
Investments classified as cash equivalents | $10,629 | $6,808
Investments classified as marketable securities | $17,313 | $45,641


Question: What is the investments classified as cash equivalents as a percentage of the total investments in 2019?
Answer: 38.04
Calculation: (10,629/27,942)
Note 20. Net Income Per Common Share From Continuing Operations
The following table sets forth the computation of basic and diluted net income per common share from continuing operations (in millions, except per share amounts):
The Company computed basic net income per common share from continuing operations based on the weighted average number of common shares outstanding during the period. The Company computed diluted net income per common share from continuing operations based on the weighted average number of common shares outstanding plus potentially dilutive common shares outstanding during the period.
Potentially dilutive common shares from employee equity incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options and the assumed vesting of outstanding RSUs. Weighted average common shares exclude the effect of option shares which are not dilutive. There were no anti-dilutive option shares for the years ended March 31, 2019, 2018, and 2017.
Table:
 |  | Year Ended March 31, | 
 | 2019 | 2018 | 2017
Net income from continuing operations | $355.9 | $255.4 | $170.6
Basic weighted average common shares outstanding | 236.2 | 232.9 | 217.2
Dilutive effect of stock options and RSUs | 3.8 | 4.4 | 4.4
Dilutive effect of 2007 Junior Convertible Debt | — | 1.3 | 12.7
Dilutive effect of 2015 Senior Convertible Debt | 9.9 | 10.3 | 0.5
Dilutive effect of 2017 Senior Convertible Debt | — | — | —
Dilutive effect of 2017 Junior Convertible Debt | — | — | —
Diluted weighted average common shares outstanding | 249.9 | 248.9 | 234.8
Basic net income per common share from continuing operations | $1.51 | $1.10 | $0.79
Diluted net income per common share from continuing operations | $1.42 | $1.03 | $0.73


Question: What was the Dilutive effect of stock options and RSUs in 2019?
Answer: 3.8
Other financial assets and liabilities consists of derivatives, the Group’s holdings in listed and unlisted investments, and loans provided to related parties.
The Group’s investments in listed equity securities are designated as financial assets at fair value through other comprehensive income. Investments are initially measured at fair value net of transaction costs and, in subsequent periods, are measured at fair value with any change recognised in other comprehensive income. Upon disposal, the cumulative gain or loss recognised in other comprehensive income is transferred to retained earnings.
Associates are those entities in which the Group has significant influence but not control or joint control over the financial and operating policies. Investments in associates are initially recognised at cost including transaction costs and are accounted for using the equity method by including the Group’s share of profit or loss and other comprehensive income of associates in the carrying amount of the investment until the date on which significant influence ceases. Dividends received reduce the carrying amount of the investment in associates.
Table:
 | 2019 | 2018
 | $M | $M
Current |  | 
Derivatives | 45 | 53
Total current other financial assets | 45 | 53
Non‑current |  | 
Derivatives | 501 | 366
Listed equity securities | 91 | 96
Investments in associates | 59 | 57
Loans provided to related parties | 41 | 3
Total non‑current other financial assets | 692 | 522
Total other financial assets | 737 | 575
Current |  | 
Derivatives | 58 | 50
Total current other financial liabilities | 58 | 50
Non‑current |  | 
Derivatives | 24 | 61
Total non‑current other financial liabilities | 24 | 61
Total other financial liabilities | 82 | 111


Question: What is the unit used in the table?
Answer: $M
Thomas Clark
(1) Represents accelerated vesting of 33,711 stock options. Pursuant to Mr. Clark’s stock option agreements (dated January 17, 2019), if Mr. Clark’s employment is terminated without cause or for good reason within six months following a “change in control”, he will become immediately vested in all outstanding unvested stock options, and all of Mr. Clark’s outstanding options shall remain exercisable in accordance with their terms, but in no event for less than 90 days after such termination. (1) Represents accelerated vesting of 33,711 stock options. Pursuant to Mr. Clark’s stock option agreements (dated January 17, 2019), if Mr. Clark’s employment is terminated without cause or for good reason within six months following a “change in control”, he will become immediately vested in all outstanding unvested stock options, and all of Mr. Clark’s outstanding options shall remain exercisable in accordance with their terms, but in no event for less than 90 days after such termination. (1) Represents accelerated vesting of 33,711 stock options. Pursuant to Mr. Clark’s stock option agreements (dated January 17, 2019), if Mr. Clark’s employment is terminated without cause or for good reason within six months following a “change in control”, he will become immediately vested in all outstanding unvested stock options, and all of Mr. Clark’s outstanding options shall remain exercisable in accordance with their terms, but in no event for less than 90 days after such termination.
(2) Represents accelerated vesting of 8,340 unvested performance restricted stock units. Pursuant to Mr. Clark’s performance restricted stock unit agreement (dated January 17, 2019), if Mr. Clark’s employment is terminated without cause or for good reason within six months following a “change in control” or if Mr. Clark's employment is terminated due to death or total disability, all non-vested units shall accelerate and be vested as of the date of termination.
Table:
Type of Payment | Termination by Systemax without “Cause” or Resignation by Employee for “good reason” ($) | Termination Due to Death or Total Disability ($) | Change In Control Only ($) | Termination by Systemax without “Cause” or Resignation by Employee for “good reason” within a certain period of time following a Change in Control ($)
Cash Compensation (Salary & Non-Equity Incentive Compensation) | - | - | - | -
Value of Accelerated Vesting of Stock Option Awards | - | - | - | 314,100 (1)
Value of Accelerated Vesting of Restricted Stock Unit Awards | - | - | - | -
Value of Accelerated Vesting of Performance Restricted Stock Unit Awards | - | 209,800 (2) | - | 209,800 (2)
Medical and Other Benefits | - | - | - | -
Total | - | 209,800 | - | 523,900


Question: What is the value of accelerated vesting of stock option awards as a percentage of the total payments made as a result of termination by Systemax without cause within a certain period of time following a Change in Control?
Answer: 59.95
Calculation: 314,100/523,900
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2011 , 2010 , and 2009 company for an aggregate proceeds of approximately $ 234 million . the company recognized a gain on disposal of $ 6 million , net of tax , during the year ended december 31 , 2010 . ras laffan was previously reported in the asia generation segment . 23 . acquisitions and dispositions acquisitions dpl 2014on november 28 , 2011 , aes completed its acquisition of 100% ( 100 % ) of the common stock of dpl for approximately $ 3.5 billion , pursuant to the terms and conditions of a definitive agreement ( the 201cmerger agreement 201d ) dated april 19 , 2011 . dpl serves over 500000 customers , primarily west central ohio , through its operating subsidiaries dp&l and dpl energy resources ( 201cdpler 201d ) . additionally , dpl operates over 3800 mw of power generation facilities and provides competitive retail energy services to residential , commercial , industrial and governmental customers . the acquisition strengthens the company 2019s u.s . utility operations by expanding in the midwest and pjm , a regional transmission organization serving several eastern states as part of the eastern interconnection . the company expects to benefit from the regional scale provided by indianapolis power & light company , its nearby integrated utility business in indiana . aes funded the aggregate purchase consideration through a combination of the following : 2022 the proceeds from a $ 1.05 billion term loan obtained in may 2011 ; 2022 the proceeds from a private offering of $ 1.0 billion notes in june 2011 ; 2022 temporary borrowings of $ 251 million under its revolving credit facility ; and 2022 the proceeds from private offerings of $ 450 million aggregate principal amount of 6.50% ( 6.50 % ) senior notes due 2016 and $ 800 million aggregate principal amount of 7.25% ( 7.25 % ) senior notes due 2021 ( collectively , the 201cnotes 201d ) in october 2011 by dolphin subsidiary ii , inc . ( 201cdolphin ii 201d ) , a wholly-owned special purpose indirect subsidiary of aes , which was merged into dpl upon the completion of acquisition . the fair value of the consideration paid for dpl was as follows ( in millions ) : .

Table:
agreed enterprise value | $ 4719
less : fair value of assumed long-term debt outstanding net | -1255 ( 1255 )
cash consideration paid to dpl 2019s common stockholders | 3464
add : cash paid for outstanding stock-based awards | 19
total cash consideration paid | $ 3483
.

Question: total cash consideration was what percent of the enterprise value of dpl?
Answer: 74%
Calculation: divide(3483, 4719)
Property and equipment consist of the following (in thousands):
(1) Lesser of the lease term or the estimated useful lives of the improvements, which generally may be up to 5 years.
Depreciation and amortization expense for the years ended December 31, 2019, 2018 and 2017 was $2.2 million, $1.8 million and $1.9 million, respectively.
Table:
 |  | As of December 31, | 
 | Useful life in years | 2019 | 2018
Furniture and equipment | 5 | $1,785 | $1,189
Leasehold improvements (1) | 5 | 4,074 | 2,776
System hardware | 5 | 1,596 | 1,404
Office computers | 3 | 5,309 | 3,745
Computer and system software | 3 | 1,451 | 1,385
 |  | 14,215 | 10,499
Less accumulated depreciation and amortization |  | (7,931) | (5,849)
Property and equipment, net |  | $6,284 | $4,650


Question: What is the change in Furniture and equipment from December 31, 2019 to December 31, 2018?
Answer: 596
Calculation: 1,785-1,189
ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data should be read together with our consolidated financial statements and accompanying notes and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” appearing elsewhere in this report. The selected consolidated financial data in this section is not intended to replace our consolidated financial statements and the accompanying notes. Our historical results are not necessarily indicative of our future results.
We derived the consolidated statements of operations data for the fiscal years ended December 31, 2019, 2018 and 2017 and the consolidated balance sheets data as of December 31, 2019 and 2018 from our audited consolidated financial statements appearing elsewhere in this report. The consolidated statement of operations data for the years ended December 31, 2016 and 2015 and the consolidated balance sheet data as of December 31, 2017, 2016 and 2015 have been derived from our audited consolidated financial statements, which are not included in this report.
Table:
 | Year Ended December 31, |  |  |  | 
 | 2019 | 2018 | 2017 | 2016 | 2015
Consolidated Statement of Operations Data |  |  | (Dollars in thousands except share and per share data) |  | 
Net sales | $ 245,862 | $193,237 | $152,359 | $129,707 | $113,505
Cost of goods sold | 131,665 | 103,247 | 79,943 | 69,336 | 58,856
Gross profit | 114,197 | 89,990 | 72,416 | 60,371 | 54,649
Selling, general and administrative expenses | 114,450 | 94,876 | 75,167 | 62,586 | 58,297
Loss from operations | (253) | (4,886) | (2,751) | (2,215) | (3,648)
Other income (expenses), net | 5 | (102) | (525) | (182) | 449
Interest expense | (991) | (296) | (910) | (698) | (455)
Loss before income taxes | (1,239) | (5,284) | (4,187) | (3,095) | (3,653)
Income tax expense | 144 | 77 | 75 | 66 | 58
Net loss attributable to common stockholders | $(1,383) | $(5,361) | $(4,262) | $(3,161) | $(3,711)
Net loss per share |  |  |  |  | 
Basic | $(0.04) | $(0.15) | $(0.12) | $(0.09) | $(0.11)
Diluted | $(0.04) | $(0.15) | $(0.12) | $(0.09) | $(0.11)
Weighted Average shares of common stock outstanding |  |  |  |  | 
Basic | 35,950,117 | 35,329,170 | 34,487,239 | 33,674,416 | 33,497,940
Diluted | 35,950,117 | 35,329,170 | 34,487,239 | 33,674,416 | 33,497,940


Question: Which financial years' information is shown in the table?
Answer: 2015, 2016, 2017, 2018, 2019
Unaudited Pro Forma Results of Acquirees
Autodesk has included the financial results of each of the acquirees in the consolidated financial statements from the respective dates of acquisition; the revenues and the results of each of the acquirees, except for PlanGrid, have not been material both individually or in the aggregate to Autodesk's fiscal 2019 and 2018 results.
The following unaudited pro forma financial information summarizes the combined results of operations for Autodesk and PlanGrid, as though the companies were combined as of the beginning of Autodesk's fiscal year 2018. The unaudited pro forma financial information was as follows (in millions):
The pro forma financial information for all periods presented includes the business combination accounting effects from the acquisition of PlanGrid including amortization expense from acquired intangible assets, compensation expense, and the interest expense and debt issuance costs related to the term loan agreement. The historical financial information has been adjusted to give effect to pro forma events that are directly attributable to the business combinations and factually supportable. The pro forma financial information is for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of the Company’s fiscal 2018.
The pro forma financial information for fiscal 2019 and 2018 combines the historical results of the Company, the adjusted historical results of PlanGrid for fiscal 2019 and 2018 considering the date the Company acquired PlanGrid and the effects of the pro forma adjustments described above
Table:
 | Fiscal Year ended January 31, | 
 | 2019 | 2018
Total revenues | $2,632.6 | $2,099.2
Pretax loss | (157.5) | (724.9)
Net loss | (200.1) | (734.5)


Question: What is the total revenue for the fiscal year 2019?
Answer: $2,632.6
NOTE 13 - TAXES ON INCOME (Cont.)
D. Loss from continuing operations, before taxes on income, consists of the following:
E. Due to the Company’s cumulative losses, the effect of ASC 740 as codified from ASC 740-10 is not material.
Table:
 | Year ended December 31 | 
 | 2019 | 2 0 1 8
 | U.S. $ in thousands | 
United States | (4,378) | (3,617)
Israel | (18,875) | (10,331)
 | (23,253) | (13,948)


Question: What is the total loss from continuing operations, before taxes on income, for the year ended December 31, 2019?
Answer: 23,253
mastercard incorporated notes to consolidated financial statements 2014 ( continued ) ( in thousands , except percent and per share data ) the following table summarizes expected benefit payments through 2019 for the pension plans , including those payments expected to be paid from the company 2019s general assets . since the majority of the benefit payments are made in the form of lump-sum distributions , actual benefit payments may differ from expected benefit payments. .

Table:
2010 | $ 18181
2011 | 27090
2012 | 21548
2013 | 25513
2014 | 24002
2015-2019 | 128494
substantially all of the company 2019s u.s .
employees are eligible to participate in a defined contribution savings plan ( the 201csavings plan 201d ) sponsored by the company .
the savings plan allows employees to contribute a portion of their base compensation on a pre-tax and after-tax basis in accordance with specified guidelines .
the company matches a percentage of employees 2019 contributions up to certain limits .
in 2007 and prior years , the company could also contribute to the savings plan a discretionary profit sharing component linked to company performance during the prior year .
beginning in 2008 , the discretionary profit sharing amount related to prior year company performance was paid directly to employees as a short-term cash incentive bonus rather than as a contribution to the savings plan .
in addition , the company has several defined contribution plans outside of the united states .
the company 2019s contribution expense related to all of its defined contribution plans was $ 40627 , $ 35341 and $ 26996 for 2009 , 2008 and 2007 , respectively .
note 13 .
postemployment and postretirement benefits the company maintains a postretirement plan ( the 201cpostretirement plan 201d ) providing health coverage and life insurance benefits for substantially all of its u.s .
employees hired before july 1 , 2007 .
the company amended the life insurance benefits under the postretirement plan effective january 1 , 2007 .
the impact , net of taxes , of this amendment was an increase of $ 1715 to accumulated other comprehensive income in 2007 .
in 2009 , the company recorded a $ 3944 benefit expense as a result of enhanced postretirement medical benefits under the postretirement plan provided to employees that chose to participate in a voluntary transition program. .

Question: what is the average contribution expense related to all of its defined contribution plans for the years 2007-2009?
Answer: 34321.3
Calculation: add(40627, 35341), add(26996, #0), divide(#1, const_3)
2020 Incentive Plan Enhancements.
For 2020, we have transitioned into the operation phase of our long-term strategy. As discussed further in this
CD&A, following an internal review process, extensive discussions with our shareholders and consultation with our executive compensation consultants, we revised the design for our 2020 incentive programs to support our strategic priorities as described below:
• added Revenue as metric to our STI plan to encourage and reward top-line performance • changed the metric and performance period for our LTI plan to three-year cumulative Adjusted EBITDA target • added three-year Relative TSR Modifier, as a positive or negative adjustment +/- 20%, for our LTI plan.
Table:
 | Short-Term Incentive Plan | 
Strategy | Integrate and Transform | Operate
Metrics | 2018 & 2019 Weighting | 2020 Weighting
Adjusted EBITDA | 65% | 50%
Free Cash Flow | 25% | 25%
Revenue | — | 15%
Customer Experience | 10% | 10%
 | Long-Term Incentive Plan | 
Strategy | Integrate and Transform | Operate
Metrics | 2018 & 2019 Weighting | 2020 Weighting
Adjusted EBITDA Run Rate (2 year) | 100% | —
Cumulative Adjusted EBITDA (3 year) | — | 100%
Relative TSR Modifier (3 year) | — | +/-20%


Question: Why was Revenue added as a metric to the STI plan?
Answer: to encourage and reward top-line performance
16. SHARE-BASED PAYMENTS
a. Employee Share Plan
The Employee Share Plan (ESP) is available to all eligible employees each year to acquire ordinary shares in the Company from future remuneration (before tax). Shares to be issued or transferred under the ESP will be valued at the volume-weighted average price of the Company’s shares traded on the Australian Securities Exchange during the five business days immediately preceding the day the shares are issued or transferred. Shares issued under the ESP are not allowed to be sold, transferred or otherwise disposed until the earlier of the end of an initial three-year period, or the participant ceasing continuing employment with the Company.
Details of the movement in employee shares under the ESP are as follows:
The consideration for the shares issued on 22 May 2019 was $3.72 (7 May 2018: $4.24).
Table:
 | 2019 | 2018
 | No. of Shares | No. of Shares
Number of shares at beginning of year | 114,758 | 137,227
Number of shares distributed to employees | 45,560 | 42,480
Number of shares transferred to main share registry and/or disposed of | (44,526) | (64,949)
Number of shares at year end | 115,792 | 114,758


Question: What was the average number of shares at year end for both years?
Answer: 115275
Calculation: (115,792 + 114,758) / 2