hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Proofpoint, Inc. Notes to Consolidated Financial Statements (Continued) (dollars and share amounts in thousands, except per share amounts)
Per the terms of the share purchase agreement, unvested stock options and unvested restricted stock units held by Meta Networks employees were canceled and exchanged for the Company’s unvested stock options and unvested restricted stock units, respectively. The fair value of $184 of these unvested awards was attributed to pre-combination services and was included in consideration transferred. The fair value of $12,918 was allocated to post-combination services. The unvested awards are subject to the recipient’s continued service with the Company, and $12,918 will be recognized ratably as stock-based compensation expense over the required remaining service period.
Also, as part of the share purchase agreement, the unvested restricted shares of certain employees of Meta Networks were exchanged into the right to receive $7,827 of deferred cash consideration and 72 shares of the Company’s common stock that were deferred with the fair value of $8,599. The deferred cash consideration was presented as restricted cash on the Company’s consolidated balance sheet as of December 31, 2019. The deferred cash consideration of $7,596 and the deferred stock $8,338 (see Note 11 “Equity Award Plans”) were allocated to post-combination expense and were not included in the purchase price. The deferred cash consideration and deferred shares are subject to forfeiture if employment terminates prior to the lapse of the restrictions, and their fair value is expensed as compensation and stock-based compensation expense over the three-year vesting period.
The Cost to Recreate Method was used to value the acquired developed technology asset. Management applied judgment in estimating the fair value of this intangible asset, which involved the use of significant assumptions such as the cost and time to build the acquired technology, developer’s profit and rate of return.
The following table summarizes the fair values of tangible assets acquired, liabilities assumed, intangible assets and goodwill:
Table:
 | Fair value | Estimated Useful Life
 |  | (in years)
Current assets | $356 | N/A
Fixed assets | 68 | N/A
Core/developed technology | 21,000 | 3
Deferred tax liability, net | (1,854) | N/A
Other liabilities | (671) | N/A
Goodwill | 85,869 | Indefinite
 | $104,768 | 


Question: Which subject has the highest estimated useful life?
Answer: Goodwill
xvi. Equity shares in the suspense account:
In accordance with the requirement of Regulation 34(3) and Part F of Schedule V to the SEBI Listing Regulations, details of equity shares in the suspense account are as follows:
*Pursuant to allotment of 1:1 bonus equity shares.
The voting rights on the shares outstanding in the suspense account as on March 31, 2019 shall remain frozen till the rightful owner of such shares claims the shares.
Table:
Particulars | Number of shareholders | Number of equity shares
Aggregate number of shareholders and the outstanding shares in the suspense account lying as on April 1, 2018 | 26 | 820
Shareholders who approached the Company for transfer of shares from suspense account during the year | - | -
Shareholders to whom shares were transferred from the suspense account during the year | - | -
Shareholders whose shares are transferred to the demat account of the IEPF Authority as per Section 124 of the Act | - | -
Aggregate number of shareholders and the outstanding shares in the suspense account lying as on March 31, 2019 | 26 | 1,640*


Question: What does the table show?
Answer: details of equity shares in the suspense account
Restricted Stock Awards
We present below a summary of changes in unvested units of restricted stock during 2019:
The Company recorded equity-based compensation expense related to restricted stock and RSUs (collectively “restricted stock awards”) of $31.8 million, $19.9 million, and $16.2 million in 2019, 2018 and 2017, respectively. The total fair value of restricted stock awards vested in 2019, 2018 and 2017, based on market value at the vesting dates was $18.2 million, $18.1 million, and $18.8 million, respectively. The weighted average grant-date fair value of RSUs granted during fiscal year 2019, 2018 and 2017 was $49.48, $51.72 and $49.01, respectively. As of December 31, 2019, unrecognized compensation cost related to unvested RSU totaled $47.5 million and is expected to be recognized over a weighted average period of approximately 2.5 years. In January 2017, we elected to recognize forfeitures of equity-based payments as they occur.
awards”) of $31.8 million, $19.9 million, and $16.2 million in 2019, 2018 and 2017, respectively. The total fair value of restricted
stock awards vested in 2019, 2018 and 2017, based on market value at the vesting dates was $18.2 million, $18.1 million, and $18.8
million, respectively. The weighted average grant-date fair value of RSUs granted during fiscal year 2019, 2018 and 2017 was $49.48,
$51.72 and $49.01, respectively. As of December 31, 2019, unrecognized compensation cost related to unvested RSU totaled $47.5
million and is expected to be recognized over a weighted average period of approximately 2.5 years. In January 2017, we elected to
recognize forfeitures of equity-based payments as they occur.
Included in RSU grants for the year ended December 31, 2019 are 282,327 units that have performance-based vesting criteria. The
performance criteria are tied to our financial performance. As of December 31, 2019, the associated equity-based compensation
expense has been recognized for the portion of the award attributable to the 2019 performance criteria.
Table:
 | Number of Units | Grant Date Fair Value
Outstanding at January 1, 2019    | 997,173 | $52.22
Granted    | 945,159 | 49.48
Vested    | (386,060) | 51.79
Forfeited    | (59,579) | 50.56
Outstanding at December 31, 2019    | 1,496,693 | $50.67


Question: What the number of forfeited shares in 2019?
Answer: 59,579
13. Income Taxes
On December 22, 2017, the legislation commonly known as the Tax Cuts and Jobs Act (the “TCJA” or the “Act”) was enacted into law. The Act made comprehensive changes to the U.S. tax code, including, but not limited to: (1) reducing the U.S. federal corporate tax rate from 35% to 21%; (2) changing rules related to uses and limitations of net operating loss carry-forwards created in tax years beginning after December 31, 2017 as well as the repeal of the current carryback provisions for net operating losses arising in tax years ending after December 31, 2017; (3) immediate full expensing of certain qualified property; (4) creating a new limitation on deductible interest expense; (5) eliminating the corporate alternative minimum tax; (6) repeal of the deduction for income attributable to domestic production activities; and (7) changes in the manner in which international operations are taxed in the U.S. including a mandatory one- time transition tax on the accumulated untaxed earnings of foreign subsidiaries of U.S. shareholders.
In response to the TCJA, the U.S. Securities and Exchange Commission (“SEC”) staff issued Staff Accounting Bulletin No. 118 (“SAB 118”), which provides guidance on accounting for the tax effects of TCJA. The purpose of SAB 118 was to address any uncertainty or diversity of view in applying ASC Topic 740, Income Taxes in the reporting period in which the TCJA was enacted. SAB 118 addresses situations where the accounting is incomplete for certain income tax effects of the TJCA upon issuance of a company’s financial statements for the reporting period which include the enactment date. SAB 118 allows for a provisional amount to be recorded if it is a reasonable estimate of the impact of the TCJA. Additionally, SAB 118 allows for a measurement period to finalize the impacts of the TCJA, not to extend beyond one year from the date of enactment. For the year ended April 30, 2018, the Company recorded a provisional decrease in its deferred tax assets and liabilities for the reduction in the federal tax rate with a corresponding adjustment to the valuation allowance. During the year ended April 30, 2019, the Company completed the accounting for the tax effects of the TCJA with no material changes to the provisional estimate recorded in prior periods.
The TCJA also established the Global Intangible Low-Taxed Income (“GILTI”) provisions that impose a tax on foreign income in excess of a deemed return on tangible assets on foreign corporations. The Company does not anticipate being subject to GILTI due to the sale of Gillam in Fiscal 2018 and the treatment of FEI-Asia as a disregarded entity for U.S. tax purposes.
The provision for income taxes consisted of the following (in thousands):
Table:
 | 2019 | 2018
Current: |  | 
Federal | $8 | $ (869)
Foreign | 196 | -
State | 99 | (124)
Current provision | 303 | (993)
Deferred: |  | 
Federal | - | 10,702
Foreign | (247 ) | 267
State | - | 1,200
Deferred (benefit) tax | (247 ) | 12,169
Total provision | $56 | $11,176


Question: What is the total provision for 2019 and 2018 respectively?
Answer: $56, $11,176
CASH FLOW STATEMENT1
1 Abridged version. The complete version is shown in the consolidated financial statements.
Table:
€ million | 2017/18 | 2018/19
Cash flow from operating activities of continuing operations | 766 | 796
Cash flow from operating activities of discontinued operations | 139 | 157
Cash flow from operating activities | 905 | 953
Cash flow from investing activities of continuing operations | −292 | 46
Cash flow from investing activities of discontinued operations | −89 | −136
Cash flow from investing activities | −381 | −90
Cash flow before financing activities of continuing operations | 474 | 842
Cash flow before financing activities of discontinued operations | 50 | 21
Cash flow before financing activities | 524 | 863
Cash flow from financing activities of continuing operations | −587 | −1,122
Cash flow from financing activities of discontinued operations | −74 | −109
Cash flow from financing activities | −661 | −1,231
Total cash flows | −137 | −368
Currency effects on cash and cash equivalents | −30 | 17
Total change in cash and cash equivalents | −167 | −351


Question: What version is the cash flow statement in the table in?
Answer: Abridged version
Life Sciences Segment
Selling, general and administrative: Selling, general and administrative expenses from our Life Sciences segment for the year ended December 31, 2019 decreased $5.0 million to $8.6 million from $13.6 million for the year ended December 31, 2018. The decrease was driven by comparably fewer expenses at the Pansend holding company, which incurred additional compensation expense in the prior period related to the performance of the segment. The decrease was also due to a reduction in costs associated with the sale of BeneVir in the second quarter of 2018.
Table:
Life Sciences Segment |  |  | 
 |  | Years Ended December 31, | 
 | 2019 | 2018 | Increase / (Decrease)
Selling, general and administrative | $8.6 | $13.6 | $(5.0)
Depreciation and amortization | 0.3 | 0.2 | 0.1
Loss from operations | (8.9) | $(13.8) | $4.9


Question: What was the average depreciation and amortization expense?
Answer: 0.25
Calculation: (0.3 + 0.2) / 2
Consolidated Financial Results
Operating Expenses
The following table sets forth operating expenses by segment for the periods presented (in millions):
The increase in Operating Expenses was primarily driven by higher net personnel costs, technology-related costs and acquisition-related costs in our Software Solutions segment. The increase in our Data and Analytics segment primarily related to higher net personnel costs and higher data costs related to revenue growth. The decrease in Corporate and Other was primarily driven by lower incentive bonus expense.
Table:
 | Year ended December 31, |  | Variance | 
 | 2019 | 2018 | $ | %
Software Solutions | $412.7 | $394.8 | $17.9 | 5%
Data and Analytics | 123.4 | 115.0 | 8.4 | 7%
Corporate and Other | 109.9 | 115.6 | (5.7) | (5)%
Total | $646.0 | $625.4 | $20.6 | 3%


Question: What was the average  operating expenses between 2018 and 2019?
Answer: 635.7
Calculation: (646.0+625.4)/2
Results of Operations
Revenue
Revenue decreased in fiscal year 2019 compared to fiscal year 2018, but increased compared to fiscal year 2017, primarily as a result of the volatility of semiconductor capital investments by our customers. The overall Asia region continued to account for a majority of our revenues as a substantial amount of the worldwide capacity investments for semiconductor manufacturing continued to occur in this region.
Our deferred revenue balance was $449 million as of June 30, 2019, compared to $994 million as of June 24, 2018. The deferred revenue at the end of June 2019 is recognized under Accounting Standard Codification (“ASC”) 606, while the same values as of June 2018 are recognized under ASC 605, which contributes to the change in value period over period. Our deferred revenue balance does not include shipments to customers in Japan, to whom title does not transfer until customer acceptance. Shipments to customers in Japan are classified as inventory at cost until the time of customer acceptance. The anticipated future revenue value from shipments to customers in Japan was approximately $78 million as of June 30, 2019, compared to $607 million as of June 24, 2018.
Table:
 |  | YearEnded | 
 | June 30, 2019 | June 24, 2018 | June 25, 2017
Revenue (in millions) | $9,654 | $11,077 | $8,014
Korea | 23% | 35% | 31%
China | 22% | 16% | 13%
Japan | 20% | 17% | 13%
Taiwan | 17% | 13% | 26%
UnitedStates | 8% | 7% | 8%
SoutheastAsia | 6% | 7% | 5%
Europe | 4% | 5% | 4%


Question: What is the percentage change in the total revenue from 2018 to 2019?
Answer: -12.85
Calculation: (9,654-11,077)/11,077
Pensions
As of June 30, 2019, our total unfunded pension plan obligations were $77.5 million, of which $2.3 million is payable within the next twelve months. We expect to be able to make the long-term and short-term payments related to these obligations in the normal course of operations.
Our anticipated payments under our most significant plans for the fiscal years indicated below are as follows:
For a detailed discussion on pensions, see note 11 "Pension Plans and Other Post Retirement Benefits" to our Consolidated Financial Statements.
Table:
 |  | Fiscal years ending June 30, | 
 | CDT | GXS GER | GXS PHP
2020 | $675 | $1,012 | $161
2021 | 758 | 1,011 | 153
2022 | 832 | 1,044 | 352
2023 | 933 | 1,043 | 208
2024 | 1,041 | 1,050 | 272
2025 to 2028 | 6,009 | 5,308 | 2,389
Total | $10,248 | $10,468 | $3,535


Question: What is the total anticipated payments for all plans till fiscal year 2028?
Answer: 24251
Calculation: 10,248+10,468+3,535
Global Services
Adjusteda revenue £4,735m
£4,735m
Adjusteda operating profit
£135m
Global Services operates in a global market that continues to experience high levels of change driven by both rapid technology innovation and a dynamic competitive landscape. Customers’ demands continue to evolve towards more flexible, on-demand models and new cloud-based and software-defined networking solutions. We continue to execute our Digital Global Services transformation programme to focus our business, standardise our operations, transform our underlying infrastructure, and provide innovative solutions to address the changing demands of our customers. We are focused on around 800 multinational companies and financial institutions served by three global industry verticals.
Adjusteda revenue for the year was down 6%, in line with our strategy to de-emphasise low margin business and including the impact of divestments. This includes a £35m negative impact from foreign exchange movements, primarily reflecting lower IP Exchange volumes and equipment sales.
Adjusteda operating costs for the year were down 8% mainly reflecting the decline in IP Exchange volumes and equipment sales and lower labour costs from our ongoing restructuring programme. Adjusteda EBITDA for the year was up £71m reflecting the reduction in operating costs and certain one-offs, more than offsetting the impact of lower revenue.
Depreciation and amortisation was down 13% for the year due to closure of certain projects in the prior year.
Capital expenditure was down 12% for the year reflecting ongoing rationalisation and our strategy to become a more asset light business. Normalised free cash flowb for the year improved by 151% to £296m, reflecting higher EBITDA, lower capital expenditure and improved working capital.
Total order intake was £3.3bn, down 15% year on year continuing to reflect a shift in customer behaviour, including shorter contract lengths and greater prevalence of usage-based terms.
a Adjusted measures exclude specific items, as explained in the Additional Information on page 185. b Free cash flow after net interest paid, before pension deficit payments (including the cash tax benefit of pension deficit payments) and specific items. c Openreach comparatives have been re-presented to reflect the transfer of Northern Ireland Networks from Enterprise to Openreach.
Table:
 | 2019 (IFRS 15) | 2018 (IAS 18) | Change | 
Year to 31 March | £m | £m | £m | %
Adjusted a revenue | 4,735 | 5,013 | (278) | (6)
Adjusted a operating costs | 4,230 | 4,579 | (349) | (8)
Adjusted a EBITDA | 505 | 434 | 71 | 16
Depreciation & amortisation | 370 | 424 | (54) | (13)
Adjusted a operating profit | 135 | 10 | 125 | 1,250
Capital expenditure | 245 | 278 | (33) | (12)
Normalised free cash flow b | 296 | 118 | 178 | 151


Question: What  was the EBITDA margin in 2019?
Answer: 0.11
Calculation: 505 / 4,735
31. Financial instruments
Financial assets
Table:
 |  | 2019 | 2018
 | Note | £m | £m
Net trade receivables | 18 | 24.9 | 25.4
Accrued income | 18 | 28.0 | 26.7
Other receivables | 18 | 0.3 | 0.1
Cash and cash equivalents | 19 | 5.9 | 4.3
Total |  | 59.1 | 56.5


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


Question: What was the change in net book amount for software under development between 2018 and 2019?
Answer: 9775
Calculation: 16,284 - 6,509
14. Income Taxes
Income before income taxes is as follows (in millions):
Table:
 |  | Year Ended | 
 | April 26, 2019 | April 27, 2018 | April 28, 2017
Domestic | $ 678 | $ 589 | $ 166
Foreign | 590 | 610 | 455
Total | $ 1,268 | $ 1,199 | $ 621


Question: What does the table show?
Answer: Income before income taxes
notes to consolidated financial statements 2014 ( continued ) note 14 2014commitments and contingencies leases we conduct a major part of our operations using leased facilities and equipment . many of these leases have renewal and purchase options and provide that we pay the cost of property taxes , insurance and maintenance . rent expense on all operating leases for fiscal 2010 , 2009 and 2008 was $ 32.8 million , $ 30.2 million , and $ 30.4 million , respectively . future minimum lease payments for all noncancelable leases at may 31 , 2010 were as follows : operating leases .

Table:
 | operating leases
2011 | $ 9856
2012 | 3803
2013 | 2538
2014 | 1580
2015 | 928
thereafter | 1428
total future minimum lease payments | $ 20133
we are party to a number of claims and lawsuits incidental to our business .
in the opinion of management , the reasonably possible outcome of such matters , individually or in the aggregate , will not have a material adverse impact on our financial position , liquidity or results of operations .
we define operating taxes as tax contingencies that are unrelated to income taxes , such as sales and property taxes .
during the course of operations , we must interpret the meaning of various operating tax matters in the united states and in the foreign jurisdictions in which we do business .
taxing authorities in those various jurisdictions may arrive at different interpretations of applicable tax laws and regulations as they relate to such operating tax matters , which could result in the payment of additional taxes in those jurisdictions .
as of may 31 , 2010 and 2009 we did not have a liability for operating tax items .
the amount of the liability is based on management 2019s best estimate given our history with similar matters and interpretations of current laws and regulations .
bin/ica agreements in connection with our acquisition of merchant credit card operations of banks , we have entered into sponsorship or depository and processing agreements with certain of the banks .
these agreements allow us to use the banks 2019 identification numbers , referred to as bank identification number for visa transactions and interbank card association number for mastercard transactions , to clear credit card transactions through visa and mastercard .
certain of such agreements contain financial covenants , and we were in compliance with all such covenants as of may 31 , 2010 .
on june 18 , 2010 , cibc provided notice that it will not renew its sponsorship with us for visa in canada after the initial ten year term .
as a result , their canadian visa sponsorship will expire in march 2011 .
we are .

Question: at december 2010 what was the percent of the total future minimum lease payments for all noncancelable leases that was due in 2012
Answer: 48.95%
Calculation: divide(9856, 20133)