hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
2006 plan prior to december 5 , 2008 became fully vested and nonforfeitable upon the closing of the acquisition . awards may be granted under the 2006 plan , as amended and restated , after december 5 , 2008 only to employees and consultants of allied waste industries , inc . and its subsidiaries who were not employed by republic services , inc . prior to such date . at december 31 , 2010 , there were approximately 15.3 million shares of common stock reserved for future grants under the 2006 plan . stock options we use a binomial option-pricing model to value our stock option grants . we recognize compensation expense on a straight-line basis over the requisite service period for each separately vesting portion of the award , or to the employee 2019s retirement eligible date , if earlier . expected volatility is based on the weighted average of the most recent one-year volatility and a historical rolling average volatility of our stock over the expected life of the option . the risk-free interest rate is based on federal reserve rates in effect for bonds with maturity dates equal to the expected term of the option . we use historical data to estimate future option exercises , forfeitures and expected life of the options . when appropriate , separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes . the weighted-average estimated fair values of stock options granted during the years ended december 31 , 2010 , 2009 and 2008 were $ 5.28 , $ 3.79 and $ 4.36 per option , respectively , which were calculated using the following weighted-average assumptions: .

Table:
 | 2010 | 2009 | 2008
expected volatility | 28.6% ( 28.6 % ) | 28.7% ( 28.7 % ) | 27.3% ( 27.3 % )
risk-free interest rate | 2.4% ( 2.4 % ) | 1.4% ( 1.4 % ) | 1.7% ( 1.7 % )
dividend yield | 2.9% ( 2.9 % ) | 3.1% ( 3.1 % ) | 2.9% ( 2.9 % )
expected life ( in years ) | 4.3 | 4.2 | 4.2
contractual life ( in years ) | 7 | 7 | 7
expected forfeiture rate | 3.0% ( 3.0 % ) | 3.0% ( 3.0 % ) | 3.0% ( 3.0 % )
republic services , inc .
notes to consolidated financial statements , continued .

Question: what was the percentage growth in the weighted-average estimated fair values of stock options granted from 2009 to 2010
Answer: 39.3%
Calculation: subtract(5.28, 3.79), divide(#0, 3.79)
The company utilizes certain of its financing receivables as collateral for nonrecourse borrowings. Financing receivables pledged as collateral for borrowings were $1,062 million and $710 million at December 31, 2019 and 2018, respectively. These borrowings are included in note P, “Borrowings.”
The company did not have any financing receivables held for sale as of December 31, 2019 and 2018.
Table:
($ in millions) |  |  |  | 
At December 31, 2018: | Investment in Sales-Type and Direct Financing Leases | Commercial Financing Receivables | Client Loan and Installment Payment Receivables/ (Loans) | Total
Financing receivables, gross | $6,846 | $11,889 | $13,614 | $32,348
Unearned income | (526) | (37) | (632) | (1,195)
Recorded investment | $6,320 | $11,852 | $12,981 | $31,153
Allowance for credit losses | (99) | (13) | (179) | (292)
Unguaranteed residual value | 589 | — | — | 589
Guaranteed residual value | 85 | — | — | 85
Total financing receivables, net | $6,895 | $11,838 | $12,802 | $31,536
Current portion | $2,834 | $11,838 | $ 7,716 | $22,388
Noncurrent portion | $4,061 | $    — | $ 5,086 | $ 9,148


Question: Did the company have any financing receivables held for sale as of December 2019 and 2018.
Answer: The company did not have any financing receivables held for sale as of December 31, 2019 and 2018.
Provision (Benefit) For Income Taxes
Provision for income taxes reflects the tax provision on our operations in foreign and U.S. jurisdictions, offset by tax benefits from a partial release of valuation allowance against U.S. federal and state deferred tax assets ("DTAs") and from lapsing of statute of limitations related to uncertain tax positions in foreign jurisdictions. As of December 28, 2019, we maintain a valuation allowance of $36.6 million primarily against our California deferred tax assets and foreign tax credits, due to uncertainty about the future realization of these assets.
The benefit for income taxes in fiscal 2018 includes a $75.8 million reduction to our valuation allowance on our U.S. deferred tax assets as sufficient positive evidence existed to support the realization of such DTAs. The effective tax rate in fiscal 2018 also benefited from a lower statutory tax rate in the U.S., partially offset by higher profits in foreign jurisdictions.
Our effective tax rate may vary from period to period based on changes in estimated taxable income or loss by jurisdiction, changes to the valuation allowance, changes to U.S. federal, state or foreign tax laws, future expansion into areas with varying country, state, and local income tax rates, deductibility of certain costs and expenses by jurisdiction.
Table:
 |  | Fiscal Year Ended | 
 | December 28, 2019 | December 29, 2018 | December 30, 2017
 |  | (Dollars in thousands) | 
Provision (benefit) for income taxes | $11,717 | $(70,109) | $1,293
Effective tax rate | 22.9 % | (206.6) % | 3.1 %


Question: What is the change in Provision (benefit) for income taxes from Fiscal Year Ended December 28, 2019 to December 29, 2018?
Answer: 81826
Calculation: 11,717-(70,109)
shareholder return performance presentation the graph presented below compares the cumulative total shareholder return on state street's common stock to the cumulative total return of the s&p 500 index and the s&p financial index over a five-year period . the cumulative total shareholder return assumes the investment of $ 100 in state street common stock and in each index on december 31 , 2007 at the closing price on the last trading day of 2007 , and also assumes reinvestment of common stock dividends . the s&p financial index is a publicly available measure of 80 of the standard & poor's 500 companies , representing 26 diversified financial services companies , 22 insurance companies , 17 real estate companies and 15 banking companies . comparison of five-year cumulative total shareholder return .

Table:
 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012
state street corporation | $ 100 | $ 49 | $ 55 | $ 58 | $ 52 | $ 61
s&p 500 index | 100 | 63 | 80 | 92 | 94 | 109
s&p financial index | 100 | 45 | 52 | 59 | 49 | 63
.

Question: what is the percent change in state street corporation's cumulative total shareholder return on common stock between 2008 and 2009?
Answer: -11%
Calculation: subtract(55, 49), divide(#0, 49)
Contract Balances
Our contract assets consist of unbilled amounts for technology development contracts as well as custom product contracts. Also included in contract assets are royalty revenue and carrying amounts of right of returned inventory. Long-term contract assets include the fee withholding on cost reimbursable contracts that will not be billed within a year. Contract liabilities include excess billings, subcontractor accruals, warranty expense, extended warranty revenue, right of return refund, and customer deposits. The net contract (liabilities)/assets changed by $1.0 million, due primarily to increased contract liabilities in addition to a slight increase in contract assets. The increase in contract liabilities is a result of the increased number of government research programs in addition to an increase in the number of our fixed-price contracts that have reached milestones as designated in their respective contracts, but revenue has not yet been recognized. The increase in contract assets is primarily driven by the unbilled fee required by our cost-reimbursable government contracts, which cannot be fully billed until after the specific contract is complete.
The following table shows the components of our contract balances as of December 31, 2019 and 2018:
Table:
 | December 31, | 
 | 2019 | 2018
Contract assets | $3,208,206 | $2,759,315
Contract liabilities | (3,887,685) | (2,486,111)
   Net contract assets | $(679,479) | $273,204


Question: What was the change in net contract (liabilities)/assets?
Answer: $1.0 million
Deferred income taxes reflect the net tax effects of temporary differences between the amounts of assets and liabilities for accounting purposes and the amounts used for income tax purposes. The components of the net deferred tax assets (liabilities) are as follows (amounts in millions):
As of December 31, 2019, we had gross tax credit carryforwards of $191 million for state purposes. The tax credit carryforwards are included in Deferred tax assets net of unrealized tax benefits that would apply upon the realization of uncertain tax positions. In addition, we had foreign NOL carryforwards of $32 million at December 31, 2019, attributed mainly to losses in France which can be carried forward indefinitely.
We evaluate deferred tax assets each period for recoverability. We record a valuation allowance for assets that do not meet the threshold of “more likely than not” to be realized in the future. To make that determination, we evaluate the likelihood of realization based on the weight of all positive and negative evidence available. As a result of the Closing Agreement, we received in 2018, we determined at that time that our remaining California research and development credit carryforwards (“CA R&D Credit”) no longer met the threshold of more likely than not to be realized in the future. As such, consistent with our position at December 31, 2018, we have established a full valuation allowance against our CA R&D Credit. For the year ended December 31, 2019, the valuation allowance related to our CA R&D Credit is $71 million. We will reassess this determination quarterly and record a tax benefit if and when future evidence allows for a partial or full release of this valuation allowance.
As of December 31, 2017, we no longer consider the available cash balances related to undistributed earnings held outside of the U.S. by our foreign subsidiaries to be indefinitely reinvested.
Table:
, | As of December 31, | 
 | 2019 | 2018
Deferred tax assets: |  | 
Allowance for sales returns and price protection | $19 | $25
Accrued expenses | 28 | 26
Deferred revenue | 119 | 136
Tax attributes carryforwards | 93 | 81
Share-based compensation | 54 | 69
Intangibles | 1,289 | 43
U.S. deferred taxes on foreign earnings | — | 318
Capitalized software development expenses | 67 | —
Other | 109 | 28
Deferred tax assets | 1,778 | 726
Valuation allowance | (181) | (61)
Deferred tax assets, net of valuation allowance | 1,597 | 665
Deferred tax liabilities: |  | 
Intangibles | (142) | (140)
Capitalized software development expenses | — | (57)
U.S. deferred taxes on foreign earnings | (594) | —
Other | (73) | (26)
Deferred tax liabilities | (809) | (223)
Net deferred tax assets | $788 | $442


Question: What was the deferred revenue in 2019?
Answer: 119
Transactions with Dell
VMware and Dell engaged in the following ongoing related party transactions, which resulted in revenue and receipts, and unearned revenue for VMware:
• Pursuant to OEM and reseller arrangements, Dell integrates or bundles VMware’s products and services with Dell’s products and sells them to end users. Dell also acts as a distributor, purchasing VMware’s standalone products and services for resale to end-user customers through VMwareauthorized resellers. Revenue under these arrangements is presented net of related marketing development funds and rebates paid to Dell. In addition, VMware provides professional services to end users based upon contractual agreements with Dell. • Dell purchases products and services from VMware for its internal use. • From time to time, VMware and Dell enter into agreements to collaborate on technology projects, and Dell pays VMware for services or reimburses VMware for costs incurred by VMware, in connection with such projects.
Dell purchases VMware products and services directly from VMware, as well as through VMware’s channel partners. Information about VMware’s
revenue and receipts, and unearned revenue from such arrangements, for the periods presented consisted of the following (table in millions):
Customer deposits resulting from transactions with Dell were $194 million and $85 million as of January 31, 2020 and February 1, 2019, respectively
Table:
 |  | Revenue and Receipts |  | Unearned Revenue | 
 |  | For the Year Ended |  | As of | 
 | January 31, 2020 | February 1, 2019 | February 2, 2018 | January 31, 2020 | February 1, 2019
Reseller revenue | $3,288 | $2,355 | $1,464 | $3,787 | $2,554
Internal-use revenue | 82 | 41 | 46 | 57 | 29
Collaborative technology project receipts | 10 | 4 | — | n/a | n/a


Question: What was the Collaborative technology project receipts revenue in 2019? 
Answer: 4
performance graph the performance graph below shows the five-year cumulative total stockholder return on applied common stock during the period from october 25 , 2009 through october 26 , 2014 . this is compared with the cumulative total return of the standard & poor 2019s 500 stock index and the rdg semiconductor composite index over the same period . the comparison assumes $ 100 was invested on october 25 , 2009 in applied common stock and in each of the foregoing indices and assumes reinvestment of dividends , if any . dollar amounts in the graph are rounded to the nearest whole dollar . the performance shown in the graph represents past performance and should not be considered an indication of future performance . comparison of 5 year cumulative total return* among applied materials , inc. , the s&p 500 index 201cs&p 201d is a registered trademark of standard & poor 2019s financial services llc , a subsidiary of the mcgraw-hill companies , inc. .

Table:
 | 10/25/2009 | 10/31/2010 | 10/30/2011 | 10/28/2012 | 10/27/2013 | 10/26/2014
applied materials | 100.00 | 97.43 | 101.85 | 88.54 | 151.43 | 183.29
s&p 500 index | 100.00 | 116.52 | 125.94 | 145.09 | 184.52 | 216.39
rdg semiconductor composite index | 100.00 | 121.00 | 132.42 | 124.95 | 163.20 | 207.93
dividends during fiscal 2014 , applied 2019s board of directors declared four quarterly cash dividends of $ 0.10 per share each .
during fiscal 2013 , applied 2019s board of directors declared three quarterly cash dividends of $ 0.10 per share each and one quarterly cash dividend of $ 0.09 per share .
during fiscal 2012 , applied 2019s board of directors declared three quarterly cash dividends of $ 0.09 per share each and one quarterly cash dividend of $ 0.08 .
dividends declared during fiscal 2014 , 2013 and 2012 totaled $ 487 million , $ 469 million and $ 438 million , respectively .
applied currently anticipates that it will continue to pay cash dividends on a quarterly basis in the future , although the declaration and amount of any future cash dividends are at the discretion of the board of directors and will depend on applied 2019s financial condition , results of operations , capital requirements , business conditions and other factors , as well as a determination that cash dividends are in the best interests of applied 2019s stockholders .
$ 100 invested on 10/25/09 in stock or 10/31/09 in index , including reinvestment of dividends .
indexes calculated on month-end basis .
and the rdg semiconductor composite index 183145 97 102 121 132 10/25/09 10/31/10 10/30/11 10/28/12 10/27/13 10/26/14 applied materials , inc .
s&p 500 rdg semiconductor composite .

Question: how much more return was given for investing in the overall market rather than applied materials from 2009 to 2014 ? ( in a percentage )
Answer: 33.1%
Calculation: subtract(183.29, const_100), subtract(216.39, const_100), subtract(#1, #0)
Intellectual Property and Custom Development Income
Licensing of intellectual property including royalty-based fees decreased 49.2 percent in 2019 compared to 2018. This was primarily due to a decline in new partnership agreements compared to the prior year. The timing and amount of licensing, sales or other transfers of IP may vary significantly from period to period depending upon the timing of licensing agreements, economic conditions, industry consolidation and the timing of new patents and know-how development.
Table:
($ in millions) |  |  | Percent
For the year ended December 31: | 2019 | 2018 | Yr.-to-Yr. Percent Change
Licensing of intellectual property including royalty-based fees | $367 | $723 | (43.2)%
Custom development income | 246 | 275 | (10.5)
Sales/other transfers of intellectual property | 34 | 28 | 22.6
Total | $648 | $1,026 | (36.9)%


Question: What was the Custom development income in 2018?
Answer: 275
Total Other (Income) Expense, Net
Total other income for the year ended December 31, 2019 was $6.6 million compared to $0.5 million of other expense for the year ended December 31,
2018. Interest income increased due to interest earned on investing our public offering cash proceeds. Interest expense decreased due to having no outstanding borrowings during the year ended December 31, 2019. We discuss borrowings under “Liquidity and Capital Resources” below. Other (income) expense, net was $0.9 million other income in the year ended December 31, 2019 compared to $0.6 million of other income in the year ended December 31, 2018, primarily due to our earnout liabilities. We estimate the fair value of earnout liabilities related to business combinations quarterly. During the year ended December 31, 2019, the adjustments to fair value decreased the carrying value of the earnout liability for our acquisition of Indix, resulting in other income of $1.7 million, partially offset by an increase in the carrying value of the earnout liabilities for our acquisitions of Compli and Portway, which resulted in other expense of $0.6 million. The fair value of the Indix acquisition earnout liability decreased at December 31, 2019, from the fair value at acquisition in February 2019, due primarily to the last three earnout milestones, which are nonfinancial, being more difficult to complete within the required timeframe than initially assessed. During the year ended December 31, 2018, the adjustments to fair value decreased the carrying value of the earnout liabilities for prior acquisitions, resulting in other income of $0.4 million.
Table:
 |  | For the Year Ended December 31, |  |  |  | 
 |  | 2019 |  | 2018 | $ Change | 
 | As reported (ASC 606) | Impacts from Adoption | Without Adoption (ASC 605) | As Reported (ASC 605) | As Reported | Without Adoption
 |  | (dollars in thousands) |  |  |  | 
Other (income) expense, net |  |  |  |  |  | 
Interest income | $(6,037) | $ - | $(6,037) | $(1,553) | $(4,484) | $(4,484)
Interest expense | 289 | - | 289 | 2,608 | (2,319) | (2,319)
Other (income) expense, net | (865) | - | (865) | (583) | (282) | (282)
Total other (income) expense, net | $(6,613) | $ - | $(6,613) | $472 | $(7,085) | $(7,085)


Question: What is the percentage change in net other (income) expenses between 2018 and 2019?
Answer: 50
Calculation: (0.9 - 0.6)/0.6
15. Revenue from Contracts with Customers
Impact of Adopting Topic 606
The effects of the adoption on the Company's Consolidated Financial Statements for the fiscal year ended September 28, 2019 was as follows (in thousands):
Table:
 | September 28, 2019
As Reported | Adjustments due to Topic 606 | September 28, 2019
As Adjusted - Without
Adoption of Topic 606
ASSETS |  |  | 
   Contract assets | $90,841 | $90,841 | $—
Inventories | 700,938 | (81,895) | 782,833
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  | 
Other accrued liabilities | $106,461 | $(375) | $106,836
Retained earnings | 1,178,677 | 9,321 | 1,169,356


Question: What was the percentage change in other accrued liabilities due to adjustment from Topic 606?
Answer: 0.35
Calculation: (106,836-106,461)/106,461
Fair Value of Financial Instruments
The carrying amounts of cash and cash equivalents, trade accounts receivable, prepaid expenses and other current assets, accounts payable and accrued expenses approximate fair value because of the short-term nature of these financial instruments. The carrying amounts of borrowings under credit facilities and under loans approximates fair value as interest rates on these instruments approximates current market rates.
Notes payable and long-term debt is carried at amortized cost; however, the Company estimates the fair value of notes payable and long-term debt for disclosure purposes. The following table presents the carrying amounts and fair values of the Company’s notes payable and long-term debt, by hierarchy level as of the periods indicated:
(1) The fair value estimates are based upon observable market data.
(2) This fair value estimate is based on the Company’s indicative borrowing cost derived from discounted cash flows.
Refer to Note 9 – “Postretirement and Other Employee Benefits” for disclosure surrounding the fair value of the Company’s pension plan assets.
Table:
 |  | August 31, 2019 |  | August 31, 2018 | 
(in thousands) | Fair Value Hierarchy | Carrying Amount | Fair Value | Carrying Amount | Fair Value
Notes payable and long-term debt: (Note 8) |  |  |  |  | 
5.625% Senior Notes | Level 2(1) | $398,886 | $416,000 | $397,995 | $415,704
4.700% Senior Notes | Level 2(1) | 498,004 | 525,890 | 497,350 | 503,545
4.900% Senior Notes | Level 3(2) | 299,057 | 318,704 | 298,814 | 306,535
3.950% Senior Notes | Level 2(1) | 494,825 | 509,845 | 494,208 | 476,010


Question: What were the Level 2 fair value estimates based on?
Answer: observable market data.
Concentrations
The Company may be subject to concentration of credit risk as a result of certain financial instruments consisting of accounts receivable and short term investments. The Company performs ongoing credit evaluations of its customers and generally does not require collateral in exchange for credit.
The following table sets forth major customers accounting for 10% or more of the Company’s net revenue:
Table:
 | Year Ended |  | 
 | June 30,
2019 | June 30,
2018 | June 30, 2017
Tech Data Corporation | 18% | 14% | 16%
Jenne Corporation | 17% | 13% | 15%
Westcon Group Inc. | 12% | 13% | 12%


Question: How much did all three companies account for in the company's net revenue in 2017?
Answer: 43
Calculation: 16+15+12
This section presents the total remuneration of the Group’s external auditors for audit, assurance, and other services.
The auditors’ remuneration for the Group is as follows:
(1) Assurance related services include various agreed upon procedures and review of the sustainability report.
(2)  Other non-audit services include financial due diligence and other sundry services.
(3)  Other auditors are international associates of Deloitte Touche Tohmatsu Australia.
Table:
 | 2019 | 2018
 | $’000 | $’000
Auditors of the parent entity – Deloitte Touche Tohmatsu Australia |  | 
Audit or review of the financial reports | 3,055 | 2,778
Assurance related services (1) | 341 | 289
Tax compliance services | – | 11
Other non-audit services (2) | 222 | 193
 | 3,618 | 3,271
Other auditors (3) |  | 
Audit or review of the financial reports | 432 | 419
Assurance related services (1) | 50 | 50
Tax compliance services | 62 | 29
 | 544 | 498
Total auditors’ remuneration | 4,162 | 3,769


Question: What is the meaning of assurance related service in the context of the table?
Answer: Assurance related services include various agreed upon procedures and review of the sustainability report.