hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
notes to consolidated financial statements ( continued ) note 2 2014financial instruments ( continued ) are not covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners . no customer accounted for more than 10% ( 10 % ) of trade receivables as of september 24 , 2005 or september 25 , 2004 . the following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 24 , september 25 , september 27 .

Table:
 | september 24 2005 | september 25 2004 | september 27 2003
beginning allowance balance | $ 47 | $ 49 | $ 51
charged to costs and expenses | 8 | 3 | 4
deductions ( a ) | -9 ( 9 ) | -5 ( 5 ) | -6 ( 6 )
ending allowance balance | $ 46 | $ 47 | $ 49
( a ) represents amounts written off against the allowance , net of recoveries .
vendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of raw material components to these manufacturing vendors who manufacture sub-assemblies or assemble final products for the company .
the company purchases these raw material components directly from suppliers .
these non-trade receivables , which are included in the consolidated balance sheets in other current assets , totaled $ 417 million and $ 276 million as of september 24 , 2005 and september 25 , 2004 , respectively .
the company does not reflect the sale of these components in net sales and does not recognize any profits on these sales until the products are sold through to the end customer at which time the profit is recognized as a reduction of cost of sales .
derivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange and interest rate risk .
foreign currency forward and option contracts are used to offset the foreign exchange risk on certain existing assets and liabilities and to hedge the foreign exchange risk on expected future cash flows on certain forecasted revenue and cost of sales .
from time to time , the company enters into interest rate derivative agreements to modify the interest rate profile of certain investments and debt .
the company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments .
the company records all derivatives on the balance sheet at fair value. .

Question: what was the change in non-trade receivables , which are included in the consolidated balance sheets in other current assets , between september 24 , 2005 and september 25 , 2004 , in millions?
Answer: 141
Calculation: subtract(417, 276)
(1) For a description and reconciliation of non-GAAP financial measures presented in this document, please see the Non-GAAP Financial Measures page, or visit the Black Knight Investor Relations website at https://investor.blackknightinc.com.
(2) In 2019, the effect of our indirect investment in The Dun and Bradstreet Corporation was a reduction of Net earnings of $73.9 million primarily due to the effect of its purchase accounting adjustments, restructuring charges and other non-operating charges. In 2017, Net earnings includes a one-time, non-cash net tax benefit of $110.9 million related to the revaluation of our deferred income tax assets and liabilities as a result of the Tax Cuts and Jobs Act of 2017 (the “Tax Reform Act”).
Table:
(in millions, except per share data) | 2019 | 2018 | 2017
Revenues | $1,177.2 | $1,114.0 | $1,051.6
Adjusted Revenues(1) | $1,177.7 | $1,116.5 | $1,056.1
Earnings before equity in losses of unconsolidated affiliates | $182.8 | $168.5 | $254.2
Net earnings(2) | $108.8 | $168.5 | $254.2
Net earnings margin | 9.2% | 15.1% | 24.2%
Net earnings attributable to Black Knight | $108.8 | $168.5 | $182.3
Net earnings attributable to Black Knight, per diluted share | $0.73 | $1.14 | $1.47
Adjusted Net Earnings(1) | $295.4 | $277.9 | $209.6
Adjusted EPS(1) | $1.99 | $1.87 | $1.38
Adjusted EBITDA(1) | $583.4 | $542.5 | $505.8
Adjusted EBITDA Margin(1) | 49.5% | 48.6% | 47.9%


Question: What was the revenues in 2018?
Answer: 1,114.0
18. Revenue
Effective September 1, 2018, the Company adopted ASU 2014-09, Revenue Recognition (Topic 606). The new standard is a comprehensive new revenue recognition model that requires the Company to recognize revenue in a manner which depicts the transfer of goods or services to its customers at an amount that reflects the consideration the Company expects to receive in exchange for those goods or services.
Prior to the adoption of the new standard, the Company recognized substantially all of its revenue from contracts with customers at a point in time, which was generally when the goods were shipped to or received by the customer, title and risk of ownership had passed, the price to the buyer was fixed or determinable and collectability was reasonably assured (net of estimated returns). Under the new standard, the Company recognizes revenue over time for the majority of its contracts with customers which results in revenue for those customers being recognized earlier than under the previous guidance. Revenue for all other contracts with customers continues to be recognized at a point in time, similar to recognition prior to the adoption of the standard.
Additionally, the new standard impacts the Company’s accounting for certain fulfillment costs, which include upfront costs to prepare for manufacturing activities that are expected to be recovered. Under the new standard, such upfront costs are recognized as an asset and amortized on a systematic basis consistent with the pattern of the transfer of control of the products or services to which to the asset relates.
The Company adopted ASU 2014-09 using the modified retrospective method by applying the guidance to all open contracts upon adoption and recorded a cumulative effect adjustment as of September 1, 2018, net of tax,  effect adjustment (in thousands):
(1) Differences primarily relate to the timing of revenue recognition for over time customers and certain balance sheet reclassifications.
(2) Differences primarily relate to the timing of recognition and recovery of fulfillment costs and certain balance sheet reclassifications.
(3) Included within accrued expenses on the Consolidated Balance Sheets.
(4) Differences included in contract liabilities as of September 1, 2018.
Table:
 | Balance as of August 31, 2018 | Adjustments due to adoption of ASU 2014-09 | Balance as of September 1, 2018
Assets |  |  | 
Contract assets(1) | $— | $591,616 | $591,616
Inventories, net(1) | $3,457,706 | $(461,271) | $2,996,435
Prepaid expenses and other current assets(1)(2) | $1,141,000 | $(37,271) | $1,103,729
Deferred income taxes(1)(2) | $218,252 | $(8,325) | $209,927
Liabilities |  |  | 
Contract liabilities(2)(3) | $— | $690,142 | $690,142
Deferred income(2)(3)(4) | $691,365 | $(691,365) | $—
Other accrued expenses(3)(4) | $1,000,979 | $40,392 | $1,041,371
Deferred income taxes(1) | $114,385 | $2,977 | $117,362
Equity |  |  | 
Retained earnings(1)(2) | $1,760,097 | $42,602 | $1,802,699


Question: What was the balance as of September 1, 2018 for contract liabilities?
Answer: $690,142
Note 10. Intangible Assets and Goodwill
Intangible assets consist of the following (in millions):
Table:
 |  | March 31, 2019 | 
 | Gross Amount | Accumulated Amortization | Net Amount
Core and developed technology | $7,413.0 | $(1,112.9) | $6,300.1
Customer-related | 917.1 | (544.0) | 373.1
In-process research and development | 7.7 | — | 7.7
Distribution rights | 0.3 | (0.2) | 0.1
Other | 7.3 | (2.7) | 4.6
Total | $8,345.4 | $(1,659.8) | $6,685.6


Question: What was the difference between the gross amount of Distribution rights and Other assets?
Answer: 7
Calculation: 7.3-0.3
The GBS profit margin increased 0.9 points to 27.7 percent and pre-tax income of $1,666 million increased 2.2 percent year to year. The pre-tax margin of 9.9 percent increased slightly year to year. The year-to-year improvements in margins and pre-tax income were driven by the continued mix shift to higher-value offerings, the yield from delivery productivity improvements and a currency benefit from leveraging the global delivery resource model. We continued to invest in our services offerings and skills necessary to assist our clients on their cloud journey.
* Recast to reflect segment changes.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2019 | 2018* | Yr.-to-Yr. Percent/ Margin Change
Global Business Services |  |  | 
External gross profit | $4,606 | $4,448 | 3.5%
External gross profit margin | 27.7% | 26.8% | 0.9 pts.
Pre-tax income | $1,666 | $1,629 | 2.2%
Pre-tax margin | 9.9% | 9.6% | 0.2 pts.


Question: What was the External gross profit margin in 2019?
Answer: 27.7%
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
The Company’s common stock is traded on the NASDAQ Stock Market LLC under the symbol SAFM.
The number of stockholders of record as of December 12, 2019, was 2,742. The number of beneficial owners of our stock is greater than the number of holders of record, and the exact number is unknown.
The amount of future common stock dividends will depend on our earnings, financial condition, capital requirements, the effect a dividend would have on the Company's compliance with financial covenants and other factors, which will be considered by the Board of Directors on a quarterly basis.
During its fourth fiscal quarter, the Company repurchased shares of its common stock as follows:
1  All purchases were made pursuant to the Company's Stock Incentive Plan, as amended and restated on February 11, 2016, under which shares were withheld to satisfy tax withholding obligations.
2  On May 31, 2018, the Company’s Board of Directors expanded and extended the share repurchase program originally approved on October 22, 2009, under which the Company was originally authorized to purchase up to one million shares of its common stock and is now authorized to purchase up to two million shares of its common stock in open market transactions or negotiated purchases, subject to market conditions, share price and other considerations. The authorization will expire on May 31, 2021. During the fourth quarter of fiscal 2018, the Company purchased 823,385 shares in open market transactions under this program. The Company’s repurchases of vested restricted stock to satisfy tax withholding obligations of its Stock Incentive Plan participants are not made under the 2018 general repurchase plan.
3  Does not include vested restricted shares that may yet be repurchased under the Stock Incentive Plan as described in Note 1.
Table:
Period | (a) Total Number of Shares Purchased (1) | (b) Average Price Paid per Share | (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) | (d) Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs (2)(3)
Aug. 1 - Aug. 31, 2019  | — | — | — | 1,176,615
Sep. 1 - Sep. 30, 2019  | 901 | $151.33 | 901 | 1,176,615
Oct. 1 - Oct. 31, 2019  | 34,344 | $154.81 | 34,344 | 1,176,615
Total  | 35,245 | $154.72 | 35,245 | 1,176,615


Question: What is the percentage constitution of the number of shares purchased in September 2019 among the total number of shares purchased in the fourth fiscal quarter?
Answer: 2.56
Calculation: 901/35,245
Common Stock Reserved for Issuance
As of July 31, 2019 and 2018, the Company was authorized to issue 500,000,000 shares of common stock with a par value of $0.0001 per share and, of these, 82,140,883 and 80,611,698 shares of common stock were issued and outstanding, respectively. Per the terms of the Company’s 2011 Stock Plan, on January first of each year, an additional number of shares equal to up to 5% of the number of shares of common stock issued and outstanding on the preceding December 31st is added to the Company’s 2011 Stock Plan reserve.
As of July 31, 2019 and 2018, the Company had reserved shares of common stock for future issuance as follows:
In March 2018, the Company completed a public offering of 2,628,571 shares of its common stock. The public offering price of the shares sold in the offering was $87.50 per share. No shares were sold by the Company’s stockholders in this public offering.
Table:
 | July 31, 2019  | July 31, 2018
Exercise of stock options to purchase common stock | 216,727 | 537,064
Vesting of restricted stock awards | 2,384,673 | 2,932,155
Shares available for grant under stock plans | 24,776,361 | 21,592,494
Total common stock reserved for issuance | 27,377,761 | 25,061,713


Question: What was the average Vesting of restricted stock awards for 2018 and 2019?
Answer: 2658414
Calculation: (2,384,673 + 2,932,155) / 2
Other Non-current Liabilities
Other non-current liabilities consisted of the following (in thousands):
Table:
 | 2019 | 2018
Lease liabilities | $28,046 | $—
Other | 708 | 534
Total other non-current liabilities | $28,754 | $534


Question: What is the total other non-current liabilities as at 31 December 2018?
Answer: $534
Notes to Consolidated Financial Statements (continued)
Reconciliations of total segment net revenues and total segment operating income to consolidated net revenues and consolidated income before income tax expense are presented in the table below (amounts in millions):
(1) Includes other income and expenses from operating segments managed outside the reportable segments, including our Distribution business. Also includes unallocated corporate income and expenses.
(2) Reflects the net effect from recognition (deferral) of deferred net revenues, along with related cost of revenues, on certain of our online-enabled products.
(3) Intersegment revenues reflect licensing and service fees charged between segments.
(4) Reflects fees and other expenses, such as legal, banking, and professional services fees, related to the acquisition of King and associated integration activities, including related debt financings.
(5) Reflects restructuring initiatives, which include severance and other restructuring-related costs.
(6) Reflects a non-cash accounting charge to reclassify certain cumulative translation gains (losses) into earnings due to the substantial liquidation of certain of our foreign entities.
(7) Reflects the impact of other unusual or unique tax-related items and activities.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Reconciliation to consolidated net revenues: |  |  | 
Segment net revenues | $5,969 | $6,835 | $6,765
Revenues from non-reportable segments (1) | 462 | 480 | 410
Net effect from recognition (deferral) of deferred net revenues (2) | 101 | 238 | (139)
Elimination of intersegment revenues (3) | (43) | (53) | (19)
Consolidated net revenues | $6,489 | $7,500 | $7,017
Reconciliation to consolidated income before income tax expense: |  |  | 
Segment operating income | $2,054 | $2,446 | $2,417
Operating income (loss) from non-reportable segments (1) | 24 | 31 | (19)
Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2) | 52 | 100 | (71)
Share-based compensation expense | (166) | (209) | (178)
Amortization of intangible assets | (203) | (370) | (757)
Fees and other expenses related to the acquisition of King (4) | — | — | (15)
Restructuring costs (5) | (137) | (10) | (15)
Other non-cash charges (6) | — | — | (14)
Discrete tax-related items (7) | (17) | — | (39)
Consolidated operating income | 1,607 | 1,988 | 1,309
Interest and other expense (income), net | (26) | 71 | 146
Loss on extinguishment of debt | — | 40 | 12
Consolidated income before income tax expense | $1,633 | $1,877 | $1,151


Question: What do intersegment revenues reflect?
Answer: licensing and service fees charged between segments.
(2) Includes property and equipment acquired under capital leases:
Depreciation and amortization expense was $25.2 million, $17.5 million, and $11.8 million for the years ended March 31, 2019, 2018 and 2017, respectively. Depreciation and amortization expense in the years ended March 31, 2019, 2018 and 2017 included $1.2 million, $0.9 million and $0.1 million related to property and equipment acquired under capital leases.
Table:
 | As of March 31, | 
 | 2019 | 2018
Computer equipment | $4,754 | $4,713
Less: Accumulated amortization | (2,228) | (990)
 | $2,526 | $3,723


Question: How much was Depreciation and amortization expense for the years ended March 31, 2017?
Answer: $11.8 million
Stock Repurchase Program
Our Board of Directors has approved a program for us to repurchase shares of our common stock. On September 17, 2018 and February 15, 2019, we announced that our Board of Directors approved expansions of our stock repurchase program totaling $24.0 billion. As of May 31, 2019, approximately $5.8 billion remained available for stock repurchases pursuant to our stock repurchase program.
Our stock repurchase authorization does not have an expiration date and the pace of our repurchase activity will depend on factors such as our working capital needs, our cash requirements for acquisitions and dividend payments, our debt repayment obligations or repurchases of our debt, our stock price, and economic and market conditions. Our stock repurchases may be effected from time to time through open market purchases or pursuant to a rule 10b5-1 plan. Our stock repurchase program may be accelerated, suspended, delayed or discontinued at any time.
The following table summarizes the stock repurchase activity for the three months ended May 31, 2019 and the approximate dollar value of shares that may yet be purchased pursuant to our stock repurchase program:
Table:
 |  |  | Total Number of | Approximate Dollar
 |  |  | Shares Purchased as | Value of Shares that
 | Total Number of | Average Price | Part of Publicly | May Yet Be
 | Shares | Paid per | Announced | Purchased
(in millions, except per share amounts) | Purchased | Share | Program | Under the Program
March 1, 2019—March 31, 2019 | 58.0 | $52.93 | 58.0 | $8,780.5
April 1, 2019—April 30, 2019 | 29.1 | $54.41 | 29.1 | $7,198.4
May 1, 2019—May 31, 2019 | 24.9 | $54.11 | 24.9 | $5,848.4
Total | 112.0 | $53.57 | 112.0 | 


Question: What factors could potentially affect the pace of Oracle’s stock repurchase activities?
Answer: Our stock repurchase authorization does not have an expiration date and the pace of our repurchase activity will depend on factors such as our working capital needs, our cash requirements for acquisitions and dividend payments, our debt repayment obligations or repurchases of our debt, our stock price, and economic and market conditions.
19 Trade and other payables
Contract liabilities relate to advance payments received from customers which have not yet been recognised as revenue. £8.3m of the contract liabilities at 31st December 2018 was recognised as revenue during 2019 (2018: £3.0m).
Table:
 | 2019 | 2018
 | £m | £m
Trade payables | 57.9 | 57.4
Contract liabilities | 8.7 | 8.9
Social security | 5.6 | 5.1
Other payables | 37.8 | 37.6
Accruals | 64.8 | 58.0
Total trade and other payables | 174.8 | 167.0


Question: What was the percentage change in accruals in 2019 from 2018?
Answer: 11.72
Calculation: (64.8-58.0)/58.0
Reconciliations of total segment net revenues and total segment operating income to consolidated net revenues and consolidated income before income tax expense are presented in the table below (amounts in millions):
(1) Includes other income and expenses from operating segments managed outside the reportable segments, including our Distribution business. Also includes unallocated corporate income and expenses.
(2) Since certain of our games are hosted online or include significant online functionality that represents a separate performance obligation, we defer the transaction price allocable to the online functionality from the sale of these games and then recognize the attributable revenues over the relevant estimated service periods, which are generally less than a year. The related cost of revenues is deferred and recognized as an expense as the related revenues are recognized. This table reflects the net effect from the deferrals of revenues and recognition of deferred revenues, along with the related cost of revenues, on certain of our online enabled products.
(3) Intersegment revenues reflect licensing and service fees charged between segments.
(4) Reflects restructuring initiatives, which include severance and other restructuring-related costs.
(5) Reflects the impact of other unusual or unique tax‑related items and activities.
Table:
 | For the Years Ended December 31, | 
 | 2019 | 2018
Reconciliation to consolidated net revenues: |  | 
Segment net revenues | $5,969 | $6,835
Revenues from non-reportable segments (1) | 462 | 480
Net effect from recognition (deferral) of deferred net revenues (2) | 101 | 238
Elimination of intersegment revenues (3) | (43) | (53)
Consolidated net revenues | $6,489 | $7,500
Reconciliation to consolidated income before income tax expense: |  | 
Segment operating income | $2,054 | $2,446
Operating income (loss) from non-reportable segments (1) | 24 | 31
Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2) | 52 | 100
Share-based compensation expense | (166) | (209)
Amortization of intangible assets | (203) | (370)
Restructuring and related costs (4) | (137) | (10)
Discrete tax-related items (5) | (17) | —
Consolidated operating income | 1,607 | 1,988
Interest and other expense (income), net | (26) | 71
Loss on extinguishment of debt | — | 40
Consolidated income before income tax expense | $1,633 | $1,877


Question: What does intersegment revenues reflect?
Answer: licensing and service fees charged between segments.
Note 9. Receivables, Net
Receivables, net consisted of the following (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Trade accounts receivable, current | $378,616 | $338,473
Income taxes receivable | 1,571 | 916
Other | 13,440 | 11,132
Receivables, gross | 393,627 | 350,521
Less: Allowance for doubtful accounts | 3,480 | 3,096
Receivables,net | $390,147 | $347,425
Allowance for doubtful accounts as a percent of trade accounts receivable, current | 0.9% | 0.9%


Question: What was the amount for  Receivables, gross in 2018?
Answer: 350,521