hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Results of Operations
The following table is a summary of our consolidated statements of operations for the specified periods and results of operations as a percentage of revenues for those periods. The period-to-period comparisons of results are not necessarily indicative of results for future periods. Percentage of revenues figures are rounded and therefore may not subtotal exactly.
A discussion regarding our consolidated statements of operations and results of operations as a percentage of revenue for 2019 compared to 2018 is presented below. A discussion regarding our financial condition and results of operations for 2018 compared to 2017 can be found under Item 7 in our Annual Report on Form 10-K for the fiscal year ended December 31, 2018, filed with the SEC on March 14, 2019, which is available free of charge on the SEC’s website at www.sec.go.
(1)  Stock-based compensation expense included in the consolidated statements of operations data above was as follows:
(2)  Amortization of intangible assets included in the consolidated statements of operations data above was as follows:
(3) Restructuring-related expenses included in the consolidated statements of operations data above was as follows:
Table:
 |  | Year Ended December 31, |  | 
 | 2019 |  | 2018 | 
 | Amount | % of Revenue | Amount | % of Revenue
 |  | (dollars in thousands) |  | 
Revenues, net | $49,036 | 100% | $58,631 | 100%
Cost of revenues (1) (2) (3) | 22,843 | 47 | 27,154 | 46
Gross profit | 26,193 | 53 | 31,477 | 54
Operating expenses: |  |  |  | 
Sales and marketing (1) (2) (3) | 15,836 | 32 | 23,425 | 40
Research and development (1) (2) (3) | 17,845 | 36 | 22,450 | 38
General and administrative (1) (2) (3) | 10,466 | 21 | 13,113 | 22
Impairment of goodwill | 1,910 | 4 | 14,740 | 26
Total operating expenses | 46,037 | 94 | 73,728 | 126
Loss from operations | (19,844) | (40) | (42,251) | (72)
Gain on divestiture | 5,064 | 10 | - | -
Other income, net | 2,252 | 5 | 1,593 | 3
Loss before (benefit from) provision for income taxes | (12,528) | (26) | (40,658) | (69)
(Benefit from) provision for income taxes | (120) | - | 586 | 1
Net loss | $(12,408) | (25)% | $(41,244) | (70)%


Question: What is the company's percentage change in its gross profit from operations between 2018 and 2019?
Answer: -16.79
Calculation: (26,193 - 31,477)/31,477
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 difference in the company's total other (income) expense in 2019 under ASC 606 and ASC 605?
Answer: 0
Calculation: -6,613 - (-6,613)
Amounts in the financial statements Group income statement
The expense or income arising from all group retirement benefit arrangements recognised in the group income statement is shown below.
a Relates to the removal of future indexation obligations following changes to the benefits provided under certain pension plans operating outside the UK in 2017/18. b All employees impacted by the closure of the BTPS receive transition payments into their BTRSS pot for a period linked to the employee’s age. There was no past service cost or credit on closure due to the assumed past service benefit link as an active member being the same as that assumed for a deferred member.
c In October, a High Court judgment involving the Lloyds Banking Group’s defined benefit pension schemes was handed down, resulting in the group needing to recognise additional liability to equalise benefits between men and women due to GMPs, in common with most UK defined benefit schemes.
Table:
 | 2019 | 2018 | 2017
Year ended 31 March | £m | £m | £m
Recognised in the income statement before specific items |  |  | 
Service cost (including administration expenses & PPF levy: |  |  | 
defined benefit plans | 135 | 376 | 281
defined contribution plans | 476 | 265 | 240
Past service credit a | – | (17) | –
Subtotal | 611 | 624 | 521
Recognised in the income statement as specific items (note 10) |  |  | 
Costs to close BT Pension Scheme and provide transition paymentsb for affected employees | 23 | – | –
Cost to equalise benefits between men and women due to guaranteed minimum pension (GMP) c | 26 | – | –
Net interest expense on pensions deficit included in specific items | 139 | 218 | 209
Subtotal | 188 | 218 | 209
Total recognised in the income statement | 799 | 842 | 730


Question: What is the change in defined benefit plans from 2019 to 2018?
Answer: -241
Calculation: 135-376
Base Salary. The base salary for each NEO is determined on the basis of the following factors: scope of responsibilities, experience, skills, performance, expected future contribution, base salary levels in effect for comparable positions at the companies in the Peer Group (as described on page 42 below under “Use of Peer Group Compensation Data”) and other competitive market factors. Generally, the Committee reviews the base salary levels of our NEOs annually as part of the Company’s performance review process as well as upon a promotion or other change of position or level of responsibility. Merit-based increases to the base salaries of our NEOs (other than our CEO) are recommended by our CEO to the Committee, and all increases are based on the Committee’s (and in the case of our CEO, the Board’s) review and assessment of the factors described above.
The Compensation Committee reviews compensation levels at the beginning of each fiscal year and adjusts as needed based upon market data and executive achievement. The Committee reviewed the base salaries of our executive officers, including our NEOs, for fiscal year 2019 and increased the salaries of our CEO and CFO in light of their contributions in fiscal year 2018, including, among other considerations, the successful execution and integration of the AvComm and Wireless acquisition and to reflect the Committee’s review of current peer and market compensation data. Mr. Staley’s salary was also increased to reflect the Committee’s review of current peer and market compensation data as well as his contributions in fiscal year 2019, including the integration of AvComm and Wireless sales into our global sales organization. The Committee did not increase the salaries of any of our other NEOs because the Committee determined that the existing base salaries were appropriate for each of these NEOs.
Actual base salaries paid to our NEOs in fiscal year 2019 are set forth in the “Salary” column of the Fiscal 2019 Summary Compensation Table on page 44.
Table:
 | Fiscal Year 2018 | Fiscal Year 2019 | 
Named Executive Officer | Base Salary | Base Salary | Percentage Increase
Oleg Khaykin | $750,000 | $800,000 | 6.7%
Amar Maletira | $425,000 | $500,000 | 17.7%
Paul McNab | $435,000 | $435,000 | —
Luke Scrivanich | $372,000 | $372,000 | —
Gary Staley | $360,000 | $375,000 | 4.2%


Question: What was Oleg Khaykin's base salary in 2018?
Answer: $750,000
issuer purchases of equity securities during the three months ended december 31 , 2007 , we repurchased 8895570 shares of our class a common stock for an aggregate of $ 385.1 million pursuant to the $ 1.5 billion stock repurchase program publicly announced in february 2007 , as follows : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions ) .

Table:
period | total number of shares purchased ( 1 ) | average price paid per share | total number of shares purchased as part of publicly announced plans or programs | approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions )
october 2007 | 3493426 | $ 43.30 | 3493426 | $ 449.9
november 2007 | 2891719 | $ 44.16 | 2891719 | $ 322.2
december 2007 | 2510425 | $ 44.20 | 2510425 | $ 216.2
total fourth quarter | 8895570 | $ 43.27 | 8895570 | $ 216.2
( 1 ) issuer repurchases pursuant to the $ 1.5 billion stock repurchase program publicly announced in february 2007 .
under this program , our management was authorized through february 2008 to purchase shares from time to time through open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to market conditions and other factors .
to facilitate repurchases , we typically made purchases pursuant to trading plans under rule 10b5-1 of the exchange act , which allow us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods .
subsequent to december 31 , 2007 , we repurchased 4.3 million shares of our class a common stock for an aggregate of $ 163.7 million pursuant to this program .
in february 2008 , our board of directors approved a new stock repurchase program , pursuant to which we are authorized to purchase up to an additional $ 1.5 billion of our class a common stock .
purchases under this stock repurchase program are subject to us having available cash to fund repurchases , as further described in item 1a of this annual report under the caption 201crisk factors 2014we anticipate that we may need additional financing to fund our stock repurchase programs , to refinance our existing indebtedness and to fund future growth and expansion initiatives 201d and item 7 of this annual report under the caption 201cmanagement 2019s discussion and analysis of financial condition and results of operations 2014liquidity and capital resources . 201d .

Question: what is the total amount spent for stock repurchase during october 2007 , in millions?
Answer: 151.3
Calculation: multiply(3493426, 43.30), divide(#0, const_1000000)
Goodwill
Goodwill arises from the acquisition method of accounting for business combinations and represents the excess of the purchase price over the fair value of the net assets and other identifiable intangible assets acquired. The fair values of net tangible assets and intangible assets acquired are based upon preliminary valuations and the Company's estimates and assumptions are subject to change within the measurement period (potentially up to one year from the acquisition date).
The following table presents the changes in the carrying amount of goodwill for the periods indicated:
The Company performs an annual goodwill impairment assessment on October 31st each year, using a two-step quantitative assessment. Step one is the identification of potential impairment. This involves comparing the fair value of each reporting unit, which the Company has determined to be the entity itself, with its carrying amount, including goodwill.
If the fair value of a reporting unit exceeds the carrying amount, the goodwill of the reporting unit is considered not impaired and the second step of the impairment test is unnecessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the impairment test is performed to measure the amount of impairment loss, if any.
The Company determined there were no indications of impairment associated with goodwill. As a result,n o goodwill impairment was recognized as of October 31, 2019. In addition to its annual review, the Company performs a test of impairment when indicators of impairment are present. As of December 31, 2019, there were no indications of impairment of the Company’s goodwill balances.
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
 | (in thousands) | 
Beginning balance | $238,330 | $237,992
Adjustments | — | 338
Ending balance | $238,330 | $238,330


Question: What were the adjustments in 2018?
Answer: 338
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 20 — Geographic Data
Financial information relating to our operations by geographic area were as follows:
Sales are attributed to countries based upon the origin of the sale.
Table:
 |  | Years Ended December 31, | 
Net Sales | 2019 | 2018 | 2017
United States | $279,904 | $313,489 | $287,092
Singapore | 32,957 | 6,724 | 5,596
Taiwan | 19,810 | 20,802 | 18,586
China | 87,342 | 79,380 | 66,510
Czech Republic | 33,214 | 36,528 | 34,476
Other non-U.S. | 15,772 | 13,560 | 10,733
Consolidated net sales | $468,999 | $470,483 | $422,993


Question: What was the change in the net sales from United States between 2017 and 2018?
Answer: 26397
Calculation: 313,489-287,092
NantHealth, Inc
Consolidated Statements of Comprehensive Loss
(Dollars in thousands)
The accompanying notes are an integral part of these Consolidated Financial Statements.
Table:
Year Ended December 31, |  | 
 | 2019 | 2018
Net loss | $(62,762) | (192,152)
Other comprehensive income (loss) from foreign currency translation | 129 | (203)
Total other comprehensive income (loss) | 129 | (203)
Comprehensive loss | $(62,633) | $(192,355)


Question: What is the percentage change in net loss between 2018 and 2019?
Answer: -67.34
Calculation: (62,762 - 192,152)/192,152
Comparison of Fiscal Year Ended September 28, 2018 to Fiscal Year Ended September 29, 2017
We acquired AppliedMicro on January 26, 2017 and certain assets of Picometrix on August 9, 2017, and we divested the Compute business on October 27, 2017 and our LR4 business on May 10, 2018. For additional information related to acquisitions and divestitures refer to Note 4 - Acquisitions and Note 23 - Divested Business and Discontinued Operations, respectively, in this Annual Report.
Our annual Statements of Operations includes activity since the dates of acquisition for AppliedMicro and Picometrix and excludes activity for the Compute business and LR4 business after the date of the divestiture, representing less than twelve months of activity for AppliedMicro and Picometrix for the fiscal year ended September 29, 2017.
Revenue. In fiscal year 2018, our revenue decreased by $128.4 million, or 18.4%, to $570.4 million from $698.8 million for fiscal year 2017. Revenue from our primary markets, the percentage of change between the years and revenue by primary markets expressed as a percentage of total revenue were (in thousands, except percentages):
In fiscal year 2018, our Telecom market revenue decreased by $117.1 million, or 34.4%, compared to fiscal year 2017. The decrease was primarily due to lower sales of carrier-based optical semiconductor products to our Asia customer base, lower sales of products targeting fiber to the home applications and the May 2018 sale of our LR4 business.
In fiscal year 2018, our Data Center market revenue decreased by $10.4 million, or 6.0%, compared to fiscal year 2017. The decrease was primarily due to decreased revenue from sales of legacy optical products and lasers and cloud data center applications.
In fiscal year 2018, our I&D market revenues decreased by $0.9 million, or 0.5%, compared to fiscal year 2017. The decrease was primarily related to lower certain legacy defense products partially offset by higher revenue across other areas within the product portfolio.
Table:
 |  Fiscal Years   |  | 
 | 2018 | 2017 | % Change
Telecom | $222,940 | $340,022 | (34.4)%
Data Center | 162,098 | 172,481 | (6.0)%
Industrial & Defense | 185,360 | 186,269 | (0.5)%
 | 570,398 | 698,772 | (18.4)%
Telecom | 39.1% | 48.6% | 
Data Center | 28.4% | 24.7% | 
Industrial & Defense | 32.5% | 26.7% | 
Total | 100.0% | 100.0% | 


Question: What is the change in Telecom value between fiscal year 2017 and 2018?
Answer: -117082
Calculation: 222,940-340,022
Fiscal 2021 LTIP
Grants made in Fiscal 2019 under the Fiscal 2021 LTIP took effect on August 6, 2018 with the goal of measuring performance over the three year period starting July 1, 2018. The table below illustrates the target value of each element under the Fiscal 2021 LTIP for each Named Executive Officer.
Awards granted in Fiscal 2019 under the Fiscal 2021 LTIP were in addition to the awards granted in Fiscal 2018, Fiscal 2017, and prior years. For details of our previous LTIPs, see Item 11 of our Annual Report on Form 10-K for the appropriate year.
Table:
Named Executive Officer | Performance Share Units | Restricted Share Units | Stock Options | Total
Mark J. Barrenechea | $2,815,000 | $1,407,500 | $1,407,500 | $5,630,000
Madhu Ranganathan | $500,000 | $250,000 | $250,000 | $1,000,000
Muhi Majzoub | $550,000 | $275,000 | $275,000 | $1,100,000
Gordon A. Davies | $500,000 | $250,000 | $250,000 | $1,000,000
Simon Harrison | $218,750 | $109,375 | $109,375 | $437,500


Question: What is the average total target value for all Named Executive Officers?
Answer: 1833500
Calculation: (5,630,000+1,000,000+1,100,000+1,000,000+437,500)/5
6 Other assets (continued)
(a) Security deposits
Included in the security deposits was $8.8 million (2018: $4.2 million) relating to deposits held as security for bank guarantees.
(b) Customer incentives
Where customers are offered incentives in the form of free or discounted periods, the dollar value of the incentive is capitalised and amortised on a straight-line basis over the expected life of the contract.
(c) Contract Costs
From 1 July 2018, eligible costs that are expected to be recovered will be capitalised as a contract cost and amortised over the expected customer life.
Table:
NON-CURRENT | Note | 30 June 2019 $'000 | 30 June 2018 $'000
Customer incentives | 6(b) | 1,091 | 1,145
Capitalised transaction costs |  | 3,359 | 5,490
Contract costs | 6(c) | 448 | -
Total other assets - non-current |  | 4,898 | 6,635


Question: What was the percentage change in customer incentives between 2018 and 2019?
Answer: -4.72
Calculation: (1,091 - 1,145) / 1,145
ITEM 6. SELECTED FINANCIAL DATA (Dollars in thousands, except per share data and unless otherwise indicated)
The Selected Consolidated Statements of Operations Data for the years ended December 31, 2019, 2018 and 2017 and the Selected Consolidated Balance Sheet Data as of December 31, 2019 and 2018 were derived from our Consolidated Financial Statements included in Item 8 of this Form 10-K. The Selected Consolidated Statements of Operations Data for the years ended December 31, 2016 and 2015 and the Selected Consolidated Balance Sheet Data as of December 31, 2017 and 2016 were derived from our audited Consolidated Financial Statements not included in this Form 10-K. Our historical results are not necessarily indicative of the results to be expected in the future. You should read the following financial information together with the information under Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the Consolidated Financial Statements and related notes included in Item 8.
GS Holdings and GSLLC are our predecessors for accounting purposes and, accordingly, amounts prior to the Reorganization Transactions and IPO represent the historical consolidated operations of either GS Holdings or GSLLC and its subsidiaries. The amounts as of December 31, 2019 and 2018 and during the period from May 24, 2018 through December 31, 2019 represent those of consolidated GreenSky, Inc. and its subsidiaries. Prior to the Reorganization Transactions and IPO, GreenSky, Inc. did not engage in any business or other activities except in connection with its formation and initial capitalization. See Note 1 to the Notes to Consolidated Financial Statements in Item 8 for further information on our organization.
Table:
 |  | December 31, |  | 
Selected Consolidated Balance Sheet Data: | 2019 | 2018 | 2017 | 2016
Cash and cash equivalents | $195,760 | $303,390 | $224,614 | $185,243
Restricted cash | 250,081 | 155,109 | 129,224 | 42,871
Loan receivables held for sale, net | 51,926 | 2,876 | 73,606 | 41,268
Deferred tax assets, net | 364,841 | 306,979 | — | —
Total assets | 951,048 | 802,905 | 462,889 | 302,205
Finance charge reversal liability | 206,035 | 138,589 | 94,148 | 68,064
Term loan | 384,497 | 386,822 | 338,263 | —
Tax receivable agreement liability | 311,670 | 260,901 | — | —
Total liabilities | 1,005,991 | 837,670 | 488,928 | 89,995
Total temporary equity | — | — | 430,348 | 335,720
Noncontrolling interest | (80,758) | (60,349) | — | —
Total permanent equity (deficit) | (54,943) | (34,765) | (456,387) | (123,510)
Total liabilities, temporary equity and permanent equity (deficit) | 951,048 | 802,905 | 462,889 | 302,205


Question: How many years did Restricted Cash exceed $200,000 thousand?
Answer: 1
Calculation: 2019