hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
(1) Exclude adjustments related to the migration to the new customer management system implemented during the third quarter of fiscal 2018.
During the third quarter of fiscal 2018, the Canadian broadband services segment implemented a new customer management system, replacing 22 legacy systems. While the customer management system was still in the stabilization phase, contact center congestion resulted in lower services activations during most of the fourth quarter of fiscal 2018. Contact center and marketing operations had returned to normal at the end of the first quarter of 2019.
Variations of each services are also explained as follows:
INTERNET Fiscal 2019 fourth-quarter Internet service customers net additions stood at 2,540 compared to net losses of 2,965 for the same period of the prior year mainly due to: • the ongoing interest in high speed offerings; • the sustained interest in bundle offers; and • the increased demand from Internet resellers; partly offset by • competitive offers in the industry.
VIDEO Fiscal 2019 fourth-quarter video service customers net losses stood at 8,164 compared to 15,953 for the same period of the prior year as a result of: • highly competitive offers in the industry; and • a changing video consumption environment; partly offset by • customers' ongoing interest in digital advanced video services; and • customers' interest in video services bundled with fast Internet offerings.
TELEPHONY Fiscal 2019 fourth-quarter telephony service customers net additions amounted to 2,778 compared to net losses 16,900 for the same period of the prior year mainly due to: • more telephony bundles due to additional promotional activity in the second half of fiscal 2019; and • growth in the business sector; partly offset by • increasing wireless penetration in North America and various unlimited offers launched by wireless operators causing some customers to cancel their landline telephony services for wireless telephony services only.
Table:
 |  | Net additions (losses) | Net additions (losses)
 |  | Three months ended August 31, | Three months ended August 31,
 | August 31, 2019 | 2019 | 2018(1)
Primary service units | 1,810,366 | (2,846) | (35,818)
Internet service customers | 788,243 | 2,540 | (2,965)
Video service customers | 649,583 | (8,164) | (15,953)
Telephony service customers | 372,540 | 2,778 | (16,900)


Question: Why did the Fiscal 2019 fourth-quarter video service customers net losses stood at 8,164 compared to 15,953 for the same period of the prior year?
Answer: • highly competitive offers in the industry; and • a changing video consumption environment; partly offset by • customers' ongoing interest in digital advanced video services; and • customers' interest in video services bundled with fast Internet offerings.
The ESPP provides for annual increases in the number of shares available for issuance under the ESPP on the first day of each fiscal year beginning in fiscal 2014, equal to the least of: (i) 1% of the outstanding shares of all classes of common stock on the last day of the immediately preceding year; (ii) 1,250,000 shares; or (iii) such other amount as may be determined by the board of directors. During the year ended December 31, 2019, a total of 810,459 shares of Class A common stock were added to the ESPP Plan in connection with the annual increase provision. At December 31, 2019, a total of 3,918,712 shares were available for issuance under the ESPP.
The weighted-average assumptions used to value ESPP rights under the Black-Scholes-Merton option-pricing model and the resulting offering grant date fair value of ESPP rights granted in the periods presented were as follows:
As of December 31, 2019 and 2018, there was approximately $2.3 million and $1.5 million of unrecognized share-based compensation expense, net of estimated forfeitures, related to ESPP, which will be recognized on a straight-line basis over the remaining weighted-average vesting periods of approximately 0.4 years, respectively
Table:
 |  | Year ended December 31, | 
 | 2019 | 2018 | 2017
Expected term (in years) | 0.5 | 0.5 | 0.5
Expected volatility | 47% | 42% | 34%
Risk-free interest rate | 2.01% | 2.31% | 1.20%
Expected dividend yield | 0% | 0% | 0%
Offering grant date fair value of ESPP rights | $33.66 | $18.07 | $9.52


Question: What are the respective expected volatility of ESPP rights for the year ended December 31, 2018 and 2017?
Answer: 42%, 34%
Capital management
The Group considers capital to be net debt plus total equity. Net debt is calculated as total bank debt and lease financing, less unamortised debt fees and cash and cash equivalents as shown in note 32. Total equity is as shown in the Consolidated balance sheet.
The calculation of total capital is shown in the table below:
Following the application of IFRS 16, total capital for the year ended 31 March 2018 has been restated (note 2).
The objectives for managing capital are to safeguard the Group’s ability to continue as a going concern, in order to provide returns for shareholders and benefits for other stakeholders and to maintain an efficient capital structure to optimise the cost of capital. In order to maintain or adjust the capital structure, the Group may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or take other steps to increase share capital and reduce or increase debt facilities.
As at 31 March 2019, the Group had borrowings of £313.0m (2018: £343.0m) through its Syndicated revolving credit facility (2018: Syndicated Term Loan). Interest is payable on this facility at a rate of LIBOR plus a margin of between 1.2% and 2.1% depending on the consolidated leverage ratio of Auto Trader Group plc and its subsidiaries, which is calculated and reviewed on a biannual basis. The Group remains in compliance with its banking covenants.
Table:
 | 2019 | (Restated) 2018
 | £m | £m
Total net debt | 321.0 | 355.2
Total equity | 59.0 | 5.6
Total capital | 380.0 | 360.8


Question: In which year was total capital larger?
Answer: 2019
Calculation: 380.0>360.8
Note 15. NET INCOME (LOSS) PER SHARE
We calculate basic net income (loss) per share by dividing earnings allocated to common stockholders by the basic weighted-average number of common shares outstanding for the period.
Diluted weighted-average shares is computed using basic weighted-average number of common shares outstanding plus any potentially dilutive securities outstanding during the period using the treasury-stock-type method and the if-converted method, except when their effect is anti-dilutive. Potentially dilutive securities include stock options, restricted stock units, and the outstanding senior convertible debentures.
The following table presents the calculation of basic and diluted net income (loss) per share attributable to stockholders:
1 As a result of our net loss attributable to stockholders for fiscal 2019, 2018, and 2017, the inclusion of all potentially dilutive stock options, restricted stock units, and common shares under noted warrants and convertible debt would be anti-dilutive. Therefore, those stock options, restricted stock units and shares were excluded from the computation of the weighted-average shares for diluted net loss per share for such periods.
Table:
 |  | Fiscal Year Ended | 
(In thousands, except per share amounts) | December 29, 2019 | December 30, 2018 | December 31, 2017
Basic net income (loss) per share: |  |  | 
Numerator: |  |  | 
Net income (loss) attributable to stockholders | $22,159 | $(811,091) | $(929,121)
Denominator: |  |  | 
Basic weighted-average common shares | 144,796 | 140,825 | 139,370
Basic net income (loss) per share | $0.15 | $(5.76) | $(6.67)
Diluted net income (loss) per share 1 |  |  | 
Numerator: |  |  | 
Net income (loss) attributable to stockholders | $22,159 | $(811,091) | $(929,121)
Net income (loss) available to common stockholders | $22,159 | $(811,091) | $(929,121)
Denominator: |  |  | 
Basic weighted-average common shares | 144,796 | 140,825 | 139,370
Effect of dilutive securities: |  |  | 
Restricted stock units | 2,729 | - | -
Dilutive weighted-average common shares: | 147,525 | 140,825 | 139,370
Dilutive net income (loss) per share | $ 0.15 | $ (5.76) | $ (6.67)


Question: In which years was the calculation of basic and diluted net income (loss) per share attributable to stockholders recorded for?
Answer: 2019, 2018, 2017
Unbilled receivables are client committed amounts for which revenue recognition precedes billing, and billing is solely subject to the passage of time.
Unbilled receivables are expected to be billed in the future as follows
Table:
(Dollars in thousands) | December 31, 2019 | 
1 year or less | $180,219 | 60%
1-2 years | 91,132 | 30%
2-5 years | 30,604 | 10%
 | $301,955 | 100%


Question: What is the value of the unbilled receivables due within 2-5 years as a percentage of the unbilled receivables due within 1 year?
Answer: 16.98
Calculation: 30,604/180,219
The Company recognizes the employees and directors’ compensation in the profit or loss during the periods when earned for the years ended December 31, 2017, 2018 and 2019. The Board of Directors estimates the amount by taking into consideration the Articles of Incorporation, government regulations and industry averages.
If the Board of Directors resolves to distribute employee compensation
through stock, the number of stock distributed is calculated based on total employee compensation divided by the closing price of the day before the Board of Directors meeting. If the Board of Directors subsequently modifies the estimates significantly, the Company will recognize the change as an adjustment in the profit or loss in the subsequent period.
The distributions of employees and directors’ compensation for 2017 and 2018 were reported to the stockholders’ meeting on June 12, 2018 and June 12, 2019, respectively, while the distributions of employees and directors’ compensation for 2019 were approved through the Board of Directors meeting on February 26, 2020. The details of distribution are as follows:
The aforementioned employees and directors’ compensation for 2017 and 2018 reported during the stockholders’ meeting were consistent with the resolutions of the Board of Directors meeting held on March 7, 2018 and March 6, 2019, respectively.
Information relevant to the aforementioned employees and directors’ compensation can be obtained from the “Market Observation Post System” on the website of the TWSE.
Table:
 | 2017 | 2018 | 2019
 | NT$(In Thousands) | NT$(In Thousands) | NT$(In Thousands)
Employees’ compensation – Cash | $1,032,324 | $1,400,835 | $1,132,952
Directors’ compensation | 11,452 | 7,624 | 10,259


Question: When was the distributions of employees and directors’ compensation for 2017 and 2018 reported?
Answer: June 12, 2018, June 12, 2019
Stock-Based Compensation Award Activity
The following table summarizes the shares available for grant under the 2019 Plan and 2009 Plan (in thousands):
Table:
 | Shares Available for Grant | 
 | 2019 Plan | 2009 Plan
Balance at December 30, 2018 | — | 483
Authorized | 357 | —
Options granted | — | —
Options forfeited or expired | 26 | 2
RSUs granted | (113) | (240)
RSUs forfeited | 2 | 54
Plan Shares expired | — | (299)
Balance at December 29, 2019 | 272 | —


Question: What are the respective number of RSUs granted in the 2019 and 2009 plans?
Answer: 113, 240
5 Staff costs and numbers
The aggregate payroll costs of persons employed by the Group were as follows:
Table:
 | 2019 | 2018
 | £m | £m
Wages and salaries | 345.6 | 325.9
Social security costs | 71.6 | 58.7
Pension costs | 21.5 | 19.3
Total payroll costs | 438.7 | 403.9


Question: What information does the table provide?
Answer: The aggregate payroll costs of persons employed by the Group
Gross Profit and Gross Margin (exclusive of amortization of acquisition-related intangible assets described below)
Our gross profit by reportable segment was as follows (dollars in millions):
(1) Certain of the amounts may not total due to rounding of individual amounts. (2) Unallocated manufacturing costs are presented as a percentage of total revenue (includes expensing of the fair market value step-up of inventory of $19.6 million during 2019 and $1.0 million during 2018).
The decrease in gross profit of $265.1 million, or approximately 12%, was primarily due to the impact of the decrease in sales volume, higher fixed costs due to the expansion in our manufacturing capacity as well as the expensing of $19.6 million excess over book value of inventory, commonly referred to as the fair market value step-up, from the Quantenna acquisition.
Gross margin decreased to 35.8% during 2019 compared to 38.1% during 2018. The decrease was due to a competitive pricing environment resulting in a decline in average selling prices, higher demand for lower margin products, increased manufacturing costs due to a higher mix of external manufacturing and decreased demand for our products, as explained in the revenue section.
Table:
 | 2019 | As a % of Segment Revenue (1) | 2018 | As a % of Segment Revenue (1)
PSG | $976.0 | 35.0 % | $ 1,110.1 | 36.5 %
ASG | 794.8 | 40.3 % | 878.3 | 42.4 %
ISG | 275.4 | 36.4 % | 317.1 | 41.2 %
Gross profit for all segments | $ 2,046.2 |  | $ 2,305.5 | 
Unallocated manufacturing costs (2) | (72.6) | (1.3) % | (66.8) | (1.1) %
Total gross profit | $ 1,973.6 | 35.8 % | $ 2,238.7 | 38.1 %


Question: What is the gross profit from PSG in 2019?
Answer: $976.0
* 2019 results were impacted by Red Hat purchase accounting and acquisition-related activity.
Total expense and other (income) increased 13.7 percent in the fourth quarter with an expense-to-revenue ratio of 32.6 percent compared to 28.7 percent in the fourth quarter of 2018. The year-to-year increase was a result of higher spending (15 points) driven by Red Hat (15 points) and higher acquisitionrelated charges and amortization of acquired intangible assets associated with the Red Hat transaction (4 points), partially offset by higher divestiture gains (3 points) and lower non-operating retirement-related costs (3 points).
Total operating (non-GAAP) expense and other income increased 14.7 percent year to year primarily driven by the higher spending, partially offset by the divestiture gains, as described above.
Table:
($ in millions) |  |  | 
For the fourth quarter: | 2019 | 2018 | Yr.-to-Yr. Percent/ Margin Change*
Total consolidated expense and other (income) | $7,107 | $6,253 | 13.7%
Non-operating adjustments |  |  | 
Amortization of acquired intangible assets | (294) | (106) | 176.0
Acquisition-related charges | (27) | (13) | 104.7
Non-operating retirement related (costs)/income | (196) | (387) | (49.4)
Operating (non-GAAP) expense and other (income) | $6,591 | $5,746 | 14.7%
Total consolidated expense-to-revenue ratio | 32.6% | 28.7% | 3.9pts
Operating (non-GAAP) expense-to-revenue ratio | 30.3% | 26.4% | 3.9pts


Question: What is the average of Operating (non-GAAP) expense and other (income)?
Answer: 6168.5
Calculation: (6,591 + 5,746) / 2
NOTE 7 – LEASING
TORM has leases for the office buildings, some vehicles and other administrative equipment. With the exception of short-term leases and leases of low-value assets, each lease is reflected on the balance sheet as a right-of-use asset with a corresponding lease liability. The right-of-use assets are included in the financial statement line item in which the corresponding underlying assets would be presented if they were owned. Please refer to note 6.
As of 31 December 2019, TORM had recognized the following right-of-use assets:
Table:
USDm | Vessels and capitalized dry-docking | Land and buildings | Other plant and operating equipment
Cost: |  |  | 
Balance as of 1 January | 43.3 | - | -
Adjustment on transition to IFRS 16 | - | 9.9 | 0.3
Additions | 1.8 | 0.5 | 0.4
Disposals | -2.7 | - | -0.1
Balance as of 31 December | 42.4 | 10.4 | 0.6
Depreciation: |  |  | 
Balance as of 1 January | 13.4 | - | -
Disposals | -2.7 | - | -
Depreciation for the year | 4.8 | 2.3 | 0.2
Balance as of 31 December | 15.5 | 2.3 | 0.2
Carrying amount as of 31 December | 26.9 | 8.1 | 0.4


Question: What was the percentage change in the depreciation balance as of 31 December from 1 January in 2019 for vessels and capitalized dry-docking?
Answer: 15.67
Calculation: (15.5-13.4)/13.4
Stock Option Activity - The weighted-average fair value of options granted during the years ended December 31, 2019, 2018 and 2017, as determined under the Black-Scholes-Merton valuation model, was $12.07, $10.42 and $6.75, respectively. Option grants that vested during the years ended December 31, 2019, 2018 and 2017 had a combined fair value of $2.5 million, $1.5 million and $1.7 million, respectively.
The following table summarizes stock option activity for the years ended December 31, 2019, 2018 and 2017:
Table:
 | Number of Shares | Weighted Average Exercise Price | Aggregate Intrinsic Value (in thousands) | Weighted Average Remaining Contractual Life
Stock options outstanding at December 31, 2016 | 1,160,419 | $29.93 | $14,299 | 
Granted | 534,030 | $42.90 |  | 
Exercised | (463,800) | $29.34 | $7,203 | 
Cancelled and expired | (61,241) | $33.80 |  | 
Stock options outstanding at December 31, 2017 | 1,169,408 | $35.88 | $16,731 | 
Granted | 466,828 | $54.87 |  | 
Exercised | (420,524) | $30.05 | $12,411 | 
Cancelled and expired | (122,312) | $43.85 |  | 
Stock options outstanding at December 31, 2018 | 1,093,400 | $45.34 | $8,776 | 
Granted | 489,947 | $63.87 |  | 
Exercised | (338,748) | $37.94 | $9,641 | 
Cancelled and expired | (108,504) | $51.21 |  | 
Stock options outstanding at December 31, 2019 | 1,136,095 | $54.98 | $28,291 | 4 years
Stock options exercisable at December 31, 2019 | 290,540 | $44.90 | $10,163 | 3 years


Question: What is the ratio of stock options exercisable to outstanding on December 31, 2019?
Answer: 0.26
Calculation: 290,540/1,136,095
24. EARNINGS PER SHARE
The following table set forth the computation for basic and diluted net income (loss) per share of common stock (in thousands, except per share data):
As of September 27, 2019, we had warrants outstanding which were reported as a liability on the consolidated balance sheet. During fiscal years 2019 and 2018, we recorded gains of $0.8 million and $27.6 million, respectively, associated with adjusting the fair value of the warrants, in the Consolidated Statements of Operations primarily as a result of declines in our stock price.
When calculating earnings per share we are required to adjust for the dilutive effect of outstanding common stock equivalents, including adjustment to the numerator for the dilutive effect of contracts that must be settled in common stock. During the fiscal year ended September 27, 2019, we excluded the effects of the warrant gain and the 214,303 of potential shares of common stock issuable upon exercise of warrants as the inclusion would be anti-dilutive.
During the fiscal year ended September 28, 2018, we adjusted the numerator to exclude the warrant gain $27.6 million, and we also adjusted the denominator for the dilutive effect of the incremental warrant shares of 569,667 under the treasury stock method. For the fiscal years 2018, the table above excludes the effects of 375,940 shares of potential shares of common stock issuable upon exercise of stock options, restricted stock and restricted stock units as the inclusion would be anti-dilutive.
The table excludes the effects of 386,552 and 1,877,401 shares for fiscal years 2019 and 2017, respectively, of potential shares of common stock issuable upon exercise of stock options, restricted stock, restricted stock units and warrants as the inclusion would be anti-dilutive.
Table:
 |  | Fiscal Years | 
 | 2019 | 2018 | 2017
Numerator:      |  |  | 
Loss from continuing operations | $(383,798) | $(133,762) | $(150,416)
Loss from discontinued operations | — | (6,215) | (19,077)
Net loss | (383,798) | (139,977) | (169,493)
Warrant liability gain | — | (27,646) | —
Net loss attributable to common stockholders | $(383,798) | $(167,623) | $(169,493)
Denominator:      |  |  | 
Weighted average common shares outstanding-basic | 65,686 | 64,741 | 60,704
Dilutive effect of warrants | — | 570 | —
Weighted average common shares outstanding-diluted | 65,686 | 65,311 | 60,704
Common stock earnings per share-basic:      |  |  | 
Continuing operations | $(5.84) | $(2.07) | $(2.48)
Discontinued operations | — | (0.10) | (0.31)
Net common stock earnings per share-basic | $(5.84) | $(2.16) | $(2.79)
Common stock earnings per share-diluted: |  |  | 
Continuing operations | $(5.84) | $(2.47) | $(2.48)
Discontinued operations | — | (0.10) | (0.31)
Net common stock earnings per share-diluted | $(5.84) | $(2.57) | $(2.79)


Question: What was the average Net loss for 2017 to 2019?
Answer: 231089.33
Calculation: (383,798 + 139,977 + 169,493) / 3
management 2019s discussion and analysis institutional client services our institutional client services segment is comprised of : fixed income , currency and commodities client execution . includes client execution activities related to making markets in interest rate products , credit products , mortgages , currencies and commodities . 2030 interest rate products . government bonds , money market instruments such as commercial paper , treasury bills , repurchase agreements and other highly liquid securities and instruments , as well as interest rate swaps , options and other derivatives . 2030 credit products . investment-grade corporate securities , high-yield securities , credit derivatives , bank and bridge loans , municipal securities , emerging market and distressed debt , and trade claims . 2030 mortgages . commercial mortgage-related securities , loans and derivatives , residential mortgage-related securities , loans and derivatives ( including u.s . government agency-issued collateralized mortgage obligations , other prime , subprime and alt-a securities and loans ) , and other asset-backed securities , loans and derivatives . 2030 currencies . most currencies , including growth-market currencies . 2030 commodities . crude oil and petroleum products , natural gas , base , precious and other metals , electricity , coal , agricultural and other commodity products . equities . includes client execution activities related to making markets in equity products and commissions and fees from executing and clearing institutional client transactions on major stock , options and futures exchanges worldwide , as well as otc transactions . equities also includes our securities services business , which provides financing , securities lending and other prime brokerage services to institutional clients , including hedge funds , mutual funds , pension funds and foundations , and generates revenues primarily in the form of interest rate spreads or fees . the table below presents the operating results of our institutional client services segment. .

Table:
$ in millions | year ended december 2014 | year ended december 2013 | year ended december 2012
fixed income currency and commodities client execution | $ 8461 | $ 8651 | $ 9914
equities client execution1 | 2079 | 2594 | 3171
commissions and fees | 3153 | 3103 | 3053
securities services | 1504 | 1373 | 1986
total equities | 6736 | 7070 | 8210
total net revenues | 15197 | 15721 | 18124
operating expenses | 10880 | 11792 | 12490
pre-tax earnings | $ 4317 | $ 3929 | $ 5634
1 .
net revenues related to the americas reinsurance business were $ 317 million for 2013 and $ 1.08 billion for 2012 .
in april 2013 , we completed the sale of a majority stake in our americas reinsurance business and no longer consolidate this business .
42 goldman sachs 2014 annual report .

Question: in millions for 2014 , 2013 , and 2012 , what was the minimum amount of commissions and fees?
Answer: 3053
Calculation: table_min(commissions and fees, none)