hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Diluted earnings per share. Diluted earnings per share for fiscal 2019 and 2018, as well as information as to the effects of special events that occurred in the indicated periods, as previously discussed and detailed below, were as follows (dollars in millions):
(1) We believe the non-GAAP presentation of diluted earnings per share excluding special tax items, consisting of those related to Tax Reform and a change in our permanent reinvestment assertions related to undistributed earnings of two foreign subsidiaries, as well as restructuring costs and the one-time employee bonus, provide additional insight over the change from the comparative reporting periods by eliminating the effects of special or unusual items. In addition, the Company believes that its diluted earnings per share, as adjusted, enhances the ability of investors to analyze the Company’s operating performance and supplements, but does not replace, its diluted earnings per share calculated in accordance with U.S. GAAP.
Diluted earnings per share increased to $3.50 in fiscal 2019 from $0.38 in fiscal 2018 primarily as a result of increased net income due to the factors discussed above and a reduction in diluted shares outstanding due to repurchase activity under the Company's stock repurchase plans.
Table:
 | 2019 | 2018
Diluted earnings per share, as reported (GAAP) | $3.50 | $0.38
Restructuring costs, net of tax  | 0.05 | —
U.S. Tax Reform  | 0.23 | 2.46
Accumulated foreign earnings assertion  | (0.35) | 
One-time employee bonus, net of tax  | — | 0.39
Diluted earnings per share, as adjusted (non-GAAP) (1) | $3.43 | $3.23


Question: Which years did Diluted earnings per share, as adjusted (non-GAAP) exceed $3 million?
Answer: 2019, 2018
Calculation: (2019:3.43),(2018:3.23)
As at December 31, 2019, we had US$8.3 billion of US dollardenominated senior notes and debentures, all of which were hedged using debt derivatives.
1 US dollar-denominated long-term debt reflects the hedged exchange rate and the hedged interest rate.
2 Pursuant to the requirements for hedge accounting under IFRS 9, Financial instruments, as at December 31, 2019 and December 31, 2018, RCI accounted for 100% of its debt derivatives related to senior notes as hedges against designated US dollar-denominated debt. As a result, as at December 31, 2019 and 2018, 100% of our US dollar-denominated senior notes and debentures are hedged for accounting and economic purposes.
3 Borrowings include long-term debt, including the impact of debt derivatives, and short-term borrowings associated with our US CP and accounts receivable securitization programs.
Table:
 | As at December 31 | 
(In millions of dollars, except exchange rates, percentages, and years) | 2019 | 2018
US dollar-denominated long-term debt 1 | US$ 8,300 | US$ 6,050
Hedged with debt derivatives | US$ 8,300 | US$ 6,050
Hedged exchange rate | 1.1932 | 1.1438
Percent hedged2 | 100.0% | 100.0%
Amount of borrowings at fixed rates 3 |  | 
Total borrowings | $ 17,496 | $ 15,320
Total borrowings at fixed rates | $ 15,254 | $ 13,070
Percent of borrowings at fixed rates | 87.2% | 85.3%
Weighted average interest rate on borrowings | 4.30% | 4.45%
Weighted average term to maturity | 14.1 years | 10.7 years


Question: What components are included under borrowings?
Answer: long-term debt, including the impact of debt derivatives, and short-term borrowings associated with our US CP and accounts receivable securitization programs.
Contractual Obligations
The following table summarizes our contractual obligations as of September 30, 2019 (in thousands):
Our principal executive offices, as well as our research and development facility, are located in approximately 29,000 square feet of office space in San Diego, California and the term of the lease continues through June 30, 2024. The average annual base rent under this lease is approximately $1.0 million per year. In connection with this lease, we received tenant improvement allowances totaling approximately $1.0 million. These lease incentives are being amortized as a reduction of rent expense over the term of the lease.
Our other offices are located in Paris, France; Amsterdam, The Netherlands; New York, New York; Barcelona, Spain; and London, United Kingdom. The
term of the Paris, France lease continues through July 31, 2021, with an annual base rent of approximately €0.4 million (or $0.4 million). The term of the
Amsterdam, The Netherlands lease continues through December 31, 2022, with an annual base rent of approximately €0.2 million (or $0.2 million). The term of
the New York, New York lease continues through November 30, 2024, with an annual base rent of approximately $0.2 million. The term of the Barcelona, Spain lease continues through May 31, 2023, with an annual base rent of approximately €0.1 million (or $0.1 million). The term of the London, United Kingdom lease continues through May 31, 2020, with an annual base rent of approximately £63,000 (or approximately $78,000). Our other offices are located in Paris, France; Amsterdam, The Netherlands; New York, New York; Barcelona, Spain; and London, United Kingdom. The term of the Paris, France lease continues through July 31, 2021, with an annual base rent of approximately €0.4 million (or $0.4 million). The term of the Amsterdam, The Netherlands lease continues through December 31, 2022, with an annual base rent of approximately €0.2 million (or $0.2 million). The term of the New York, New York lease continues through November 30, 2024, with an annual base rent of approximately $0.2 million. The term of the Barcelona, Spain lease continues through May 31, 2023, with an annual base rent of approximately €0.1 million (or $0.1 million). The term of the London, United Kingdom lease continues through May 31, 2020, with an annual base rent of approximately £63,000 (or approximately $78,000).
Other than the lease for our office space in San Diego, California, we do not believe that the leases for our offices are material to the Company. We believe our existing properties are in good condition and are sufficient and suitable for the conduct of its business.
Table:
 | Less than 1 year | 1-3 years | 3-5 years | More than 5 years | Total
Operating lease obligations | $1,699 | $3,950 | $2,707 | $36 | $8,392
Other borrowings | 131 | 145 | 219 | 61 | 556
Total | $1,830 | $4,095 | $2,926 | $97 | $8,948


Question: How much are the total overall contractual obligations ?
Answer: $8,948
Sales and Marketing Expenses
Sales and marketing expenses increased $105 million, or 36%, in 2019 compared to 2018. The overall increase was primarily due to increased employee compensation-related costs, including
amortization of capitalized commissions, of $72 million, driven by headcount growth, and an increase in marketing program costs of $8 million. The increase in marketing program costs was driven by increased volume of advertising activities. Further contributing to the overall increase was an increase in allocated shared costs of $14 million.
Sales and marketing expenses increased $80 million, or 38%, in 2018 compared to 2017. The overall increase was primarily due to increased employee compensation-related costs, including amortization of capitalized commissions, of $55 million, driven by headcount growth, and an increase in marketing program costs of $10 million. The increase in marketing program costs was driven by increased volume of advertising activities. Further contributing to the overall increase was an increase in allocated shared costs of $11 million.
Table:
 |  | Year Ended December 31, |  |  | 
 | 2019 | 2018 | 2017 | 2018 to 2019 % change | 2017 to 2018 % change
 |  |  | (In thousands, except percentages) |  | 
Sales and Marketing | $ 396,514 | $ 291,668 | $ 211,918 | 36% | 38%


Question: What was the percentage increase in sales and marketing expenses from 2018 to 2019?
Answer: 36%
The following direct customers accounted for 10% or more of our net revenues in one or more of the following periods:
Nokia was our largest customer in fiscal 2019, 2018 and 2017. Nokia purchases products directly from us and through contract manufacturers and distributors. Based on information provided to us by its contract manufacturers and our distributors, purchases by Nokia represented approximately 45%, 36% and 41% of our net revenues in fiscal 2019, 2018 and 2017, respectively. To our knowledge, none of our other OEM customers accounted for more than 10% of our net revenues in any of these periods.
Table:
 |  | Fiscal Year Ended | 
 |  | March 31, | 
 | 2019 | 2018 | 2017
Contract manufacturers and consignment warehouses:        |  |  | 
Flextronics Technology | 21.8% | 14.0% | 10.4%
Sanmina | 17.7 | 16.0 | 20.4
Distributors:        |  |  | 
Avnet Logistics | 31.3 | 35.3 | 25.5
Nexcomm  | 14.8 | 16.1 | 19.7


Question: Who was the largest customer in 2019, 2018 and 2017?
Answer: Nokia
8. Income Per Share
Basic income per share is calculated by dividing net earnings by the weighted average number of common shares outstanding for the applicable period. Diluted income per share is calculated after adjusting the denominator of the basic income per share calculation for the effect of all potential dilutive common shares outstanding during the period. The following table sets forth the computation of basic and diluted income per share:
For fiscal 2019, options and RSUs of 83,939 were excluded from the computation of diluted net income per share as their effect would have been anti-dilutive. For fiscal 2018 and fiscal 2017, the Company had no options or RSUs that were excluded from the computation of diluted net income per shares. RSAs for 594,382 shares in fiscal 2019, 363,413 shares in fiscal 2018 and 779,000 shares in fiscal 2017 were excluded from the calculation of diluted net income per share as these awards contain performance conditions that would not have been achieved as of the end of each reporting period had the measurement period ended as of that date.
Table:
 | April 27, 2019 | April 28, 2018 | April 29, 2017
Numerator: |  |  | 
Net Income (in millions) | $91.6 | $57.2 | $92.9
Denominator: |  |  | 
Denominator for Basic Earnings Per Share-Weighted Average Shares |  |  | 
Outstanding and Vested/Unissued Restricted Stock Units | 37,405,298 | 37,281,630 | 37,283,096
Dilutive Potential Common Shares-Employee Stock Options, |  |  | 
Restricted Stock Awards and Restricted Stock Units | 264,262 | 260,269 | 202,605
Denominator for Diluted Earnings Per Share | 37,669,560 | 37,541,899 | 37,485,701
Basic and Diluted Income Per Share: |  |  | 
Basic Income Per Share | $2.45 | $1.54 | $2.49
Diluted Income Per Share | $2.43 | $1.52 | $2.48


Question: What was the change in the Net income from 2018 to 2019?
Answer: 34.4
Calculation: 91.6 - 57.2
GreenSky, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (United States Dollars in thousands, except per share data, unless otherwise stated)
The following table reflects the cash flow impact of GS Holdings on the Consolidated Statements of Cash Flows for the years indicated.
Table:
 | Year Ended December 31, | 
 | 2019 | 2018
Net cash provided by operating activities | $153,327 | $256,426
Net cash used in investing activities | (15,381) | (6,581)
Net cash used in financing activities | (159,608) | (154,210)
Net increase (decrease) in cash and cash equivalents and restricted cash | (21,662) | 95,635
Cash and cash equivalents and restricted cash at beginning of period | 449,473 | 353,838
Cash and cash equivalents and restricted cash at end of period | $427,811 | $449,473


Question: What was the Net cash used in financing activities in 2019?
Answer: (159,608)
A reconciliation of the change in gross unrecognized tax benefits, excluding interest and penalties,
is as follows (in thousands):
As of September 28, 2019, the total amount of gross unrecognized tax benefits including gross interest and penalties was $63.9 million, of which $43.9 million, if recognized, would affect our effective tax rate. We reassessed the computation of the transition tax liability based upon the issuance of new guidance and the availability of additional substantiation in fiscal 2019. The adjustments resulted in a tax benefit of approximately $6.0 million, which was recorded in fiscal 2019. Our total gross unrecognized tax benefit, net of certain deferred tax assets is classified as a long-term taxes payable in the consolidated balance sheets. We include interest and penalties related to unrecognized tax benefits within the provision for income taxes. As of September 28, 2019, the total amount of gross interest and penalties accrued was $5.8 million and it is classified as long-term taxes payable in the consolidated balance sheets. As of September 29, 2018, we had accrued $4.4 million for the gross interest and penalties and it is classified as Other long-term liabilities in the consolidated balance sheets.
Table:
 |  | Fiscal year-end | 
 | 2019 | 2018 | 2017
Balance as of the beginning of the year | $65,882 | $47,566 | $20,442
Increase related to acquisitions | — | — | 25,151
Tax positions related to current year: |  |  | 
Additions | 605 | 19,033 | 1,326
Reductions | — | — | —
Tax positions related to prior year: |  |  | 
Additions | 448 | 117 | 4,951
Reductions | (6,071) | — | (65)
Lapses in statutes of limitations | (639) | (700) | (610)
Decrease in unrecognized tax benefits based on audit results | — | — | (5,217)
Foreign currency revaluation adjustment | (2,114) | (134) | 1,588
Balance as of end of year | $58,111 | $65,882 | $47,566


Question: In which years was the Balance as of end of year calculated?
Answer: 2019, 2018, 2017
Net Earnings Per Share (“EPS”)
Basic EPS is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding during each year. Diluted EPS is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding RSUs.
A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share data):
In 2019, 2018 and 2017, approximately 42,000, 17,000 and 40,000, respectively, of our RSUs were not included in the diluted EPS calculations because their inclusion would have been anti-dilutive. These share-based awards could be dilutive in the future. In the year ended December 31, 2019, certain potential outstanding shares from convertible senior notes and warrants were not included in the diluted EPS calculations because their inclusion would have been anti-dilutive.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Numerator: |  |  | 
Netearnings | $159,407 | $163,677 | $90,683
Denominator: |  |  | 
Weighted-average shares used to compute basic EPS | 35,538 | 35,586 | 35,741
Dilutive potential common shares due to dilutive: |  |  | 
RSUs, net of tax effect | 421 | 423 | 466
Weighted-average shares used to compute diluted EPS | 35,959 | 36,009 | 36,207
Net earnings per share: |  |  | 
Basic | $4.49 | $4.60 | $2.54
Diluted | $4.43 | $4.55 | $2.50


Question: What is the change in Weighted-average shares used to compute basic EPS from 2018 and 2019?
Answer: -48
Calculation: 35,538-35,586
performance graph the following graph compares the yearly change in the cumulative total stockholder return for our last five full fiscal years , based upon the market price of our common stock , with the cumulative total return on a nasdaq composite index ( u.s . companies ) and a peer group , the nasdaq medical equipment-sic code 3840-3849 index , which is comprised of medical equipment companies , for that period . the performance graph assumes the investment of $ 100 on march 31 , 2010 in our common stock , the nasdaq composite index ( u.s . companies ) and the peer group index , and the reinvestment of any and all dividends. .

Table:
 | 3/31/2010 | 3/31/2011 | 3/31/2012 | 3/31/2013 | 3/31/2014 | 3/31/2015
abiomed inc | 100 | 140.79 | 215.02 | 180.91 | 252.33 | 693.60
nasdaq composite index | 100 | 115.98 | 128.93 | 136.26 | 175.11 | 204.38
nasdaq medical equipment sic code 3840-3849 | 100 | 108.31 | 115.05 | 105.56 | 123.18 | 118.95
this graph is not 201csoliciting material 201d under regulation 14a or 14c of the rules promulgated under the securities exchange act of 1934 , is not deemed filed with the securities and exchange commission and is not to be incorporated by reference in any of our filings under the securities act of 1933 , as amended , or the exchange act whether made before or after the date hereof and irrespective of any general incorporation language in any such filing .
transfer agent american stock transfer & trust company , 59 maiden lane , new york , ny 10038 , is our stock transfer agent. .

Question: what is the roi of an investment in nasdaq composite index from march 2010 to march 2013?
Answer: 36.3%
Calculation: subtract(136.26, 100), divide(#0, 100)
8. Other income, net
Other income, net consists of the following (in millions):
Table:
 |  | Year Ended | 
 | April 26, 2019 | April 27, 2018 | April 28, 2017
Interest income | $ 88 | $ 79 | $ 44
Interest expense | (58) | (62) | (52)
Other income, net | 17 | 24 | 8
Other income, net | $ 47 | $ 41 | $ —


Question: What was the percentage change in Interest income between 2018 and 2019?
Answer: 11.39
Calculation: (88-79)/79
Selling, General and Administrative
The increase in selling, general and administrative in fiscal 2019 compared to fiscal 2018 was primarily due to higher variable costs on increased sales volumes, primarily related to increases in headcount costs and employee incentive compensation, as well as additional costs from the FRT acquisition, offset partially by a decrease in the amortization of intangible assets.
Table:
 |  | Fiscal Year Ended |  | 
 | December 28, 2019 | December 29, 2018 | $ Change | % Change
 |  | (Dollars in thousands) |  | 
Selling, general and administrative | $106,335 | $99,254 | $7,081 | 7.1 %
% of revenues | 18.0 % | 18.7 % |  | 
 |  | Fiscal Year Ended |  | 
 | December 29, 2018 | December 30, 2017 | $ Change | % Change
 |  | (Dollars in thousands) |  | 
Selling, general and administrative | $99,254 | $95,489 | $3,765 | 3.9 %
% of revenues | 18.7 % | 17.4 % |  | 


Question: What was the Selling, general and administrative in 2018 and 2017?
Answer: 99,254, 95,489
A10 NETWORKS, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
(in thousands)
Table:
 | Years Ended December 31, |  | 
 | 2019 | 2018 | 2017
Net loss | $(17,819) | $(27,617) | $(10,751)
Other comprehensive loss, net of tax: |  |  | 
Unrealized gain (loss) on marketable securities | 395 | (21) | (78)
Comprehensive loss | $(17,424) | $(27,638) | $(10,829)


Question: What is the company's total unrealized gain on marketable securities between 2017 to 2019?
Answer: 296
Calculation: 395+(-21)+(-78)
Financial and Operating Highlights
CONTINUING OPERATIONS
(1) See reconciliation of GAAP to non-GAAP financial measures tables in Management’s Discussion and Analysis of Financial Condition and Results of Operations in the Form 10-K.
Table:
(Amounts in thousands, except per share data and percentages) | 2019 | 2018 | 2017
Bookings | $1,002,320 | $2,779,782 | $1,234,013
Backlog | $3,400,952 | $4,064,451 | $2,536,499
Sales | $1,496,475 | $1,202,898 | $1,107,709
Sales growth % | 24% | 9% | 
Research & development | $50,132 | $52,398 | $52,652
Operating income | $86,237 | $24,382 | $2,628
Net income (loss) per share, continuing operations attributable to Cubic | $1.67 | $0.29 | $(0.95)
Adjusted EBITDA (1) | $146,594 | $104,561 | $87,470
Adjusted EBITDA growth % | 40% | 20% | 
Adjusted earnings per share (1) | $3.13 | $2.19 | $1.62
Adjusted earnings per share growth % | 43% | 35% | 
Cash dividend per share | $0.27 | $0.27 | $0.27
Long-term debt, inclusive of current portion | $199,824 | $199,793 | $199,761


Question: What is the cash dividend per share in 2019?
Answer: $0.27
NOTES PAYABLE (continued)
All of these notes payable issued by the Group were unsecured.
On 1 April 2019, the Company updated the Global Medium Term Note Programme (the “Programme”) to include, among other things, the Company’s recent corporate and financial information and increased the limit of aggregate principal amount of the notes under the Programme from USD10 billion to USD20 billion (or its equivalent in other currencies).
On 11 April 2019, the Company issued five tranches of senior notes under the Programme with an aggregate principal amount of USD6 billion as set out below.
During the year ended 31 December 2019, the notes payable with an aggregate principal amount of USD2,000 million issued in April 2014 reached their maturity and were repaid in full by the Group.
As at 31 December 2019, the fair value of the notes payable amounted to RMB98,668 million (31 December 2018: RMB62,820 million). The respective fair values are assessed based on the active market price of these notes on the reporting date or by making reference to similar instruments traded in the observable market.
Table:
 | Amount (USD’Million) | Interest Rate (per annum) | Due
2024 Notes | 1,250 | 3.280% | 2024
2024 Floating Rate Notes | 750 | 3-month USD LIBOR + 0.910% | 2024
2026 Notes | 500 | 3.575% | 2026
2029 Notes | 3,000 | 3.975% | 2029
2049 Notes | 500 | 4.525% | 2049
 | 6,000 |  | 


Question: How much is the 2026 Notes in USD?
Answer: 500
Note 19 – Summarized Quarterly Financial Data (Unaudited)
The following table presents unaudited quarterly operating results for each of our last eight fiscal quarters. This information has been prepared on a basis consistent with our audited financial statements and includes all adjustments, consisting only of normal recurring adjustments, considered necessary for a fair presentation of the data.
UNAUDITED QUARTERLY OPERATING RESULTS
(In thousands, except for per share amounts)
(1) Assumes exercise of dilutive securities calculated under the treasury stock method.
Table:
Three Months Ended | March 31, 2019 | June 30, 2019 | September 30, 2019 | December 31, 2019
Net sales | $143,791 | $156,391 | $114,092 | $115,787
Gross profit | $60,612 | $65,015 | $46,331 | $47,209
Operating income (loss) | $(6,167) | $562 | $(20,288) | $(14,070)
Net income (loss) | $770 | $3,995 | $(46,123) | $(11,624)
Earnings (loss) per common share - basic | $0.02 | $0.08 | $(0.96) | $(0.25)
Earnings (loss) per common share - diluted | $0.02(1) | $0.08(1) | $(0.96) | $(0.25)


Question: What was the change in gross profit between  Three Months Ended  March 31, 2019 and June 30, 2019?
Answer: 4403
Calculation: $65,015-$60,612
Net Periodic Benefit Cost
The following table provides information about the net periodic benefit cost for the plans for fiscal years 2019, 2018 and 2017 (in thousands):
On September 1, 2018, the Company adopted a new accounting standard, which changes the presentation of net periodic benefit cost in the Consolidated Statements of Operation. The Company adopted the standard on a retrospective basis which results in reclassifications for the service cost component of net periodic benefit cost from selling, general and administrative expense to cost of revenue and for the other components from selling, general and administrative expense to other expense. Prior periods have not been reclassified due to immateriality.
Table:
 |  | Pension | 
 | 2019 | 2018 | 2017
Service cost | $1,437 | $1,063 | $1,068
Interest cost | 3,715 | 3,807 | 2,942
Expected long-term return on plan assets | (5,291) | (5,954) | (4,206)
Recognized actuarial loss | 741 | 1,127 | 1,929
Amortization of prior service credit | (44) | (88) | (138)
Net settlement loss | 634 | 116 | 1,472
Net periodic benefit cost | $1,192 | $71 | $3,067


Question: What was the change in interest cost between 2018 and 2019?
Answer: -92
Calculation: 3,715-3,807