hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
* Recast to conform to 2019 presentation.
** Reclassified to conform to 2019 presentation. Refer to “Basis of
Presentation” in note A, “Significant Accounting Policies,” for
additional information.
The following table presents external revenue for similar classes of products or services within the company’s reportable segments. Client solutions often include IBM software and systems and other suppliers’ products if the client solution requires it.
For each of the segments that include services, Software-as-a-Service, consulting, education, training and other product-related services are included as services. For each of these segments, software includes product license charges and ongoing subscriptions.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2019 | 2018 | 2017
Cloud & Cognitive Software* |  |  | 
Software | $18,712 | $17,970** | $17,681**
Services | 4,321 | 4,082** | 3,920**
Systems | 166 | 156 | 150
Global Business Services* |  |  | 
Services | $16,363 | $16,238** | $15,728**
Software | 156 | 151** | 179**
Systems | 115 | 206 | 165
Global Technology Services* |  |  | 
Services | $20,768 | $22,222** | $21,913**
Maintenance | 5,183 | 5,484 | 5,783
Systems | 1,072 | 1,069 | 1,207
Software | 338 | 371** | 310**
Systems |  |  | 
Servers | $ 3,746 | $ 3,996 | $ 3,993
Storage | 1,920 | 2,114 | 2,243
Software | 1,528 | 1,499** | 1,520**
Services | 410 | 425** | 438**
Global Financing |  |  | 
Financing | $ 1,120 | $ 1,223 | $ 1,167
Used equipment sales | 281 | 366 | 530


Question: What is included in Services?
Answer: For each of the segments that include services, Software-as-a-Service, consulting, education, training and other product-related services are included as services.
9. BALANCE SHEET DETAILS (Continued)
Other long-term liabilities consist of the following (in thousands):
Table:
 | Fiscal year-end | 
 | 2019 | 2018
Long-term taxes payable | $37,385 | $36,336
Deferred compensation (see Note 13) | 39,715 | 40,895
Deferred tax liabilities (see Note 16) | 27,785 | 26,339
Deferred revenue | 8,012 | 5,091
Asset retirement obligations liability (see Note 2) | 4,934 | 4,529
Defined benefit plan liabilities (see Note 14) | 45,862 | 37,528
Other long-term liabilities | 2,188 | 1,238
Total other long-term liabilities | $165,881 | $151,956


Question: What was the percentage change in Other long-term liabilities from 2018 to 2019?
Answer: 76.74
Calculation: (2,188-1,238)/1,238
13. Net Loss Per Share
Basic net loss per share is computed using the weighted average number of shares of common stock outstanding for the period, excluding stock options and restricted stock units. Diluted net loss per share is based upon the weighted average number of shares of common stock outstanding for the period and potentially dilutive common shares, including the effect of stock options and restricted stock units under the treasury stock method. The following table sets forth the computation of the numerators and denominators used in the basic and diluted net loss per share amounts:
(1) The effect of dilutive securities of 3.1 million, 4.5 million, and 4.6 million shares for the fiscal years ended January 31, 2019, 2018, and 2017, respectively, have been excluded from the calculation of diluted net loss per share as those shares would have been anti-dilutive due to the net loss incurred during those fiscal years.
The computation of diluted net loss per share does not include shares that are anti-dilutive under the treasury stock method because their exercise prices are higher than the average market value of Autodesk’s stock during the fiscal year. The effect of 0.5 million, 0.5 million, and 0.1 million potentially anti-dilutive shares were excluded from the computation of net loss per share for the fiscal years ended January 31, 2019, 2018, and 2017, respectively.
Table:
 |  | Fiscal Year Ended January 31, | 
 | 2019 | 2018 | 2017
Numerator: |  |  | 
Net loss | $(80.8) | $(566.9) | $(582.1)
Denominator: |  |  | 
Denominator for basic net loss per share—weighted average shares | 218.9 | 219.5 | 222.7
Effect of dilutive securities (1) | — | — | —
Denominator for dilutive net loss per share | 218.9 | 219.5 | 222.7
Basic net loss per share | $(0.37) | $(2.58) | $(2.61)
Diluted net loss per share | $(0.37) | $(2.58) | $(2.61)


Question: How is basic net loss per share calculated?
Answer: Basic net loss per share is computed using the weighted average number of shares of common stock outstanding for the period, excluding stock options and restricted stock units.
The fair value of the option component of the ESPP shares was estimated at the grant date using the Black-Scholes option pricing model with the following weighted
average assumptions:
The Company issued 266 shares, 231 shares and 183 shares under the ESPP in the years ended December 31, 2019, 2018 and 2017, respectively, at a weighted average
exercise price per share of $86.51, $77.02, and $73.02, respectively. As of December 31, 2019, the Company expects to recognize $3,531 of the total unamortized compensation cost
related to employee purchases under the ESPP over a weighted average period of 0.37 years.
Table:
 |  | Year ended December 31 | 
 | 2019 | 2018 | 2017
Expected life (in years) | 0.5 | 0.5 | 0.5
Volatility | 36% - 37% | 33% - 40% | 29% - 37%
Risk-free interest rate | 1.58 - 2.43% | 1.76% - 2.50% | 0.76% - 1.16%
Dividend yield | - % | - % | - %


Question: What is the percentage change in the total unamortized compensation cost related to employee purchases under the ESPP the company expects to recognise between 2018 and 2019?
Answer: 12.32
Calculation: (86.51 - 77.02)/77.02
Restatement – changes to the presentation of financial income and expenses
Due to the significant variations in SEK exchange rates during the year, the Company has considered the change in reporting of foreign exchange effect to reflect how foreign exchange transaction risk is managed on a net basis in the Company. Previously foreign exchange effects were reported within both financial income and financial expenses depending on whether they relate to assets or liabilities.
In note F2, “Financial income and expenses,” the foreign exchange effect is now presented as a net amount, reported separately from other financial income and expenses items. The comparative years 2018 and 2017 have been
restated to reflect the new presentation of Financial income and expenses, net. The restatement does not impact the total net financial income and expenses reported in prior years.
The following table shows the impact of the restatement:
In line with this change the Company also elected to present all financial income and expenses, including the foreign exchange effect, on the income statement as a single line item Financial income and expenses, net. Previously,
financial income and financial expenses were presented as separate line items on the income statement. The income statement for all comparative years 2018 and 2017 have been restated to reflect the new presentation of Financial
income and expenses, net.
Table:
Financial income and expenses |  | 
SEK million | 2018 | 2017
Reported in prior years |  | 
Reported in prior years | –316  | –372 
Financial expenses | –2,389  | –843 
Total | –2,705  | –1,215 
SEK million | 2018 | 2017
Restated |  | 
Financial income | 151 | –50 
Financial expenses | –2,032  | –1,570 
Net foreign exchange gains and losses | –824  | 405
Total | -2,705 | –1,215


Question: What is the change between the total of financial income, expenses and net foreign exchange gains and losses in 2018 and 2017?
Answer: -1490
Calculation: -2,705-(-1,215)
Note 8: Balance Sheet Information
Certain significant amounts included in the Company's Consolidated Balance Sheets consist of the following (in millions):
Assets classified as held-for-sale, consisting primarily of properties, are required to be recorded at the lower of carrying value or fair value less any costs to sell. The carrying value of these assets as of December 31, 2019 was $1.4 million, and is reported as other current assets on the Company’s Consolidated Balance Sheet.
Depreciation expense for property, plant and equipment, including amortization of finance leases, totaled $409.7 million, $359.3 million and $325.2 million for 2019, 2018 and 2017, respectively.
Included within sales related reserves are ship and credit reserves for distributors amounting to $178.7 million and $230.8 million as of December 31, 2019 and 2018, respectively.
Table:
 | As of | 
 | December 31, 2019 | December 31, 2018
Inventories: |  | 
Raw materials | $138.4 | $137.3
Work in process | 772.9 | 760.7
Finished goods | 321.1 | 327.2
 | $1,232.4 | $1,225.2
Property, plant and equipment, net: |  | 
Land | $125.2 | $125.5
Buildings | 860.6 | 820.4
Machinery and equipment | 4,275.2 | 3,980.2
Property, plant and equipment, gross | 5,261.0 | 4,926.1
Less: Accumulated depreciation | (2,669.4) | (2,376.5)
 | $2,591.6 | $2,549.6
Accrued expenses: |  | 
Accrued payroll and related benefits | $153.4 | $240.8
Sales related reserves | 247.3 | 294.8
Income taxes payable | 22.5 | 38.2
Other | 115.6 | 85.3
 | $538.8 | $659.1


Question: What is the average Inventories: Work in process for December 31, 2018 to 2019?
Answer: 766.8
Calculation: (772.9+760.7) / 2
Quantitative effect of ASC Topics 606 and 340-40 adoption
(1) While not shown here, gross margin, loss from operations, and loss before income taxes have consequently been affected as a result of the net effect of the adjustments noted above.
(2) The impact on the Consolidated Statements of Comprehensive Loss is limited to the net effects of the impacts noted above on the Consolidated Statements of Operations, specifically on the line item "Net loss."
Table:
 |  | For the Fiscal Year ended January 31, 2019 | 
 | As reported | Impact from the adoption of ASC 606 and 340-40 | As adjusted
Net revenue (1) |  |  | 
Subscription | $1,802.3 | $(16.6) | $1,785.7
Maintenance | 635.1 | 5.7 | 640.8
Other | 132.4 | (11.3) | 121.1
Cost of revenue (1) |  |  | 
Cost of subscription and maintenance revenue | 216.0 | (0.1) | 215.9
Cost of other revenue | 54.4 | 1.1 | 55.5
Operating expenses (1): |  |  | 
Marketing and sales | 1,183.9 | (17.9) | 1,166.0
Provision for income taxes | (38.1) | (4.8) | (42.9)
Net loss (2) | $(80.8) | $(10.1) | $(90.9)
Basic net loss per share | $(0.37) | $(0.05) | $(0.42)
Diluted net loss per share | $(0.37) | $(0.05) | $(0.42)


Question: What were the reported marketing and sales expenses?
Answer: 1,183.9
Software Development Costs
We capitalize purchased software upon acquisition if it is accounted for as internal-use software or if it meets the future alternative use criteria. We capitalize incurred labor costs for software development from the time technological feasibility of the software is established, or when the preliminary project phase is completed in the case of internal-use software, until the software is available for general release. Research and development costs and other computer software maintenance costs related to software development are expensed as incurred.
We estimate the useful life of our capitalized software and amortize its value over that estimated life. If the actual useful life is shorter than our estimated useful life, we will amortize the remaining book value over the remaining useful life or the asset may be deemed to be impaired and, accordingly, a write-down of the value of the asset may be recorded as a charge to earnings.
Upon the availability for general release, we commence amortization of the capitalized software costs on a product by product basis. Amortization of capitalized software is recorded using the greater of (i) the ratio of current revenues to total and anticipated future revenues for the applicable product or (ii) the straightline method over the remaining estimated economic life, which is estimated to be three to five years.
At each balance sheet date, the unamortized capitalized costs of a software product are compared with the net realizable value of that product. The net realizable value is the estimated future gross revenues from that product reduced by the estimated future costs of completing and disposing of that product, including the costs of performing maintenance and client support required to satisfy our responsibility set forth at the time of sale.
The amount by which the unamortized capitalized costs of a software product exceed the net realizable value of that asset is written off. If we determine that the value of the capitalized software could not be recovered, a write-down of the value of the capitalized software to its recoverable value is recorded as a charge to earnings. The unamortized balances of capitalized software were as follows:
Table:
 | December 31, | 
(In thousands) | 2019 | 2018
Software development costs | $428,641 | $317,637
Less: accumulated amortization | (184,712) | (107,977)
Software development costs, net | $243,929 | $209,660


Question: How is the amortization of capitalized software recorded?
Answer: using the greater of (i) the ratio of current revenues to total and anticipated future revenues for the applicable product or (ii) the straightline method over the remaining estimated economic life, which is estimated to be three to five years.
Property and Equipment, net
Property and equipment consist of the following (in thousands):
As of July 31, 2019 and 2018, no property and equipment was pledged as collateral. Depreciation expense, excluding the amortization of software development costs, was $9.7 million, $7.7 million, and $6.6 million for the fiscal years ended July 31, 2019, 2018, and 2017, respectively.
The Company capitalizes software development costs for technology applications that the Company will offer solely as cloud-based subscriptions, which is primarily comprised of compensation for employees who are directly associated with the software development projects. The Company begins amortizing the capitalized software development costs once the technology applications are available for general release over the estimated lives of the applications, ranging from three to five years.
The Company recognized approximately $1.0 million and $0.4 million in amortization expense in cost of revenue - license and subscription on the accompanying consolidated statements of operations during the fiscal years ended July 31, 2019 and 2018, respectively. There was no such amortization during the fiscal year ended July 31, 2017.
Table:
 | July 31, 2019  | July 31, 2018
Computer hardware | $17,799 | $20,614
Software | 6,741 | 4,664
Capitalized software development costs | 7,374 | 3,978
Equipment and machinery | 10,455 | 4,265
Furniture and fixtures | 8,137 | 4,217
Leasehold improvements | 48,191 | 10,751
    Total property and equipment | 98,697 | 48,489
Less accumulated depreciation | (32,888) | (29,894)
    Property and equipment, net  | $65,809 | $18,595


Question: What was the change in the Capitalized software development costs from 2018 to 2019?
Answer: 3396
Calculation: 7,374 - 3,978
D) SHARE-BASED PAYMENT PLANS
The Corporation offers an Employee Stock Purchase Plan for the benefit of its employees and those of its subsidiaries and a Stock Option Plan to its executive officers and designated employees. No more than 10% of the outstanding subordinate voting shares are available for issuance under these plans. Furthermore, the Corporation offers an Incentive Share Unit Plan ("ISU Plan") and a Performance Share Unit Plan ("PSU Plan") for executive officers and designated employees, and a Deferred Share Unit Plan ("DSU Plan") for members of the Board of Directors ("Board").
Stock purchase plan The Corporation offers, for the benefit of its employees and those of its subsidiaries, an Employee Stock Purchase Plan, which is accessible to all employees up to a maximum of 7% of their base annual salary and the Corporation contributes 25% of the employee contributions. The subscriptions are made monthly and employee subordinate voting shares are purchased on the stock market.
Stock option plan A total of 3,432,500 subordinate voting shares are reserved for the purpose of the Stock Option Plan. The minimum exercise price at which options are granted is equal to the market value of such shares at the time the option is granted. Options vest equally over a period of five years beginning one year after the day such options are granted and are exercisable over ten years.
Under the Stock Option Plan, the following options were granted by the Corporation and are outstanding at August 31:
(1) For the year ended August 31, 2019, the Corporation granted 97,725 (126,425 in 2018) stock options to Cogeco's executive officers as executive officers of the Corporation. (2) The weighted average share price for options exercised during the year was $92.43 ($83.46 in 2018).
Table:
Years ended August 31, |  | 2019 |  | 2018
 | Options | Weighted average exercise price | Options | Weighted average exercise price
 |  | $ |  | $
Outstanding, beginning of the year | 819,393 | 65.27 | 652,385 | 56.61
Granted (1) | 201,525 | 65.62 | 281,350 | 85.08
Exercised (2) | (170,754) | 57.28 | (60,337) | 57.77
Cancelled | (134,550) | 72.43 | (54,005) | 72.28
Outstanding, end of the year | 715,614 | 65.93 | 819,393 | 65.27
Exercisable, end of the year | 264,374 | 55.99 | 277,108 | 49.76


Question: What percentage of outstanding subordinate shares are available for issuance under the corporation offer?
Answer: 10%
12 Directors’ Remuneration
Directors’ emoluments represent all earnings and aggregate contributions to pension schemes made during the year as a Director of Sophos Group plc and its subsidiaries. Further details can be found in the Group’s Remuneration Report on pages 91 to 101.
Table:
 | Year-ended 31 March 2019 | Year-ended 31 March 2018
 | $M | $M
Directors’ emoluments | 2.3 | 3.3
Gains on exercise of share options | 3.6 | 3.5
Gains on vesting of LTIP awards | 14.5 | 4.2
Total Directors’ remuneration | 20.4 | 11.0


Question: What was the change in Total Directors’ remuneration in 2019 from 2018?
Answer: 9.4
Calculation: 20.4-11.0
Product Revenue by Groups of Similar Products
In addition to the primary view on a geographic basis, we also prepare financial information related to groups of similar products and customer markets for various purposes. We report our product revenue in the following categories: Infrastructure Platforms, Applications, Security, and Other Products. This aligns our product categories with our evolving business model. Prior period amounts have been reclassified to conform to the current period’s presentation.
The following table presents revenue for groups of similar products (in millions, except percentages):
Amounts may not sum and percentages may not recalculate due to rounding.
Infrastructure Platforms The Infrastructure Platforms product category represents our core networking offerings related to switching, routing, wireless, and the data center. Infrastructure Platforms revenue increased by 7%, or $1,869 million, with growth across the portfolio. Switching had solid growth, with strong revenue growth in campus switching driven by an increase in sales of our intent-based networking Catalyst 9000 Series, and with growth in data center switching driven by increased revenue from our ACI portfolio. Routing experienced modest revenue growth driven by an increase in sales of SD-WAN products, partially offset by weakness in the service provider market. We experienced double digit revenue growth from wireless products driven by increases across the portfolio. Revenue from data center increased driven by higher sales of HyperFlex and our server products.
Applications The Applications product category includes our collaboration offerings (unified communications, Cisco TelePresence and conferencing) as well as IoT and AppDynamics analytics software offerings. Revenue in our Applications product category increased by 15%, or $767 million, with double digit growth in unified communications, TelePresence, AppDynamics, and IoT software.
Security Revenue in our Security product category increased 16%, or $378 million, driven by higher sales of identity and access, advanced threat security, unified threat management and web security products. The Duo acquisition in the first quarter of fiscal 2019 also contributed to the revenue increase in this product category.
Other Products The decrease in revenue from our Other Products category was primarily driven by a decrease in revenue from SPVSS business which we divested on October 28, 2018.
Table:
 |  | Years Ended |  | 2019 vs. 2018 | 
 | July 27, 2019 | July 28, 2018 | July 29, 2017 | Variance in Dollars | Variance in Percent
Product revenue: |  |  |  |  | 
Infrastructure Platforms | $30,191 | $28,322 | $27,817 | $1,869 | 7%
Applications | 5,803 | 5,036 | 4,568 | 767 | 15%
Security  . | 2,730 | 2,352 | 2,152 | 378 | 16%
Other Products | 281 | 999 | 1,168 | (718) | (72)%
Total  . | $39,005 | $36,709 | $35,705 | $2,296 | 6%


Question: How many years did revenue from infrastructure platforms exceed $30,000 million?
Answer: 1
Calculation: 2019
Note 11. Non-current assets - deferred tax assets
Critical accounting judgements, estimates and assumptions
Deferred tax assets are recognised for deductible temporary differences only if the Group considers it is probable that future taxable amounts will be available to utilise those temporary differences and losses. Calculation of future taxable amounts involve the use of assumptions and management judgments.
A deferred tax asset can only be recorded for the portion of a potential benefit where utilisation is considered probable. The assessment of future taxable amounts involves the use of assumptions and management judgments. The Group has fully recognised a deferred tax asset of $79.3m in relation to assets previously transferred to USA. It is considered probable that there will be future taxable income in the USA to fully realise these temporary differences.
Table:
Consolidated |  | 
 | 2019 | 2018
 | US$000 | US$000
Deferred tax asset comprises temporary differences attributable to: |  | 
Amounts recognised in profit or loss: |  | 
Tax losses | 2,068 | 688
Property, plant and equipment | (176) | 58
Employee benefits | 608 | 235
Employee entitlements | 714 | -
Intellectual property | 79,260 | 79,011
Revenue received in advance | 633 | 1,019
Provisions | 1,054 | 328
Foreign currency translation | 613 | 534
Tax credits | 17 | -
Deferred rent | 82 | 163
 | 84,873 | 82,036
Amounts recognised in equity: |  | 
Transaction costs on share issue | - | 84
Deferred tax asset | 84,873 | 82,120
Amount expected to be recovered within 12 months | 26,588 | 26,995
Amount expected to be recovered after more than 12 months | 58,285 | 55,125
Movements: |  | 
Opening balance | 82,120 | 82,946
Credited/(charged) to profit or loss (note 5) | 2,440 | (933)
Additions through business combinations (note 28) | 314 | 105
Translation differences | (1) | 2
Closing balance | 84,873 | 82,120


Question: What is the Tax losses for 2019?
Answer: 2,068