hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
The following changes occurred in the amount of unrecognized tax benefits (in thousands):
For the year ended December 31, 2019, 2018 and 2017, the Company has recorded income tax expense of $128,000, $143,000 and $76,000, respectively, related to uncertain tax positions. The Company’s policy is to recognize potential interest and penalties related to unrecognized tax benefits associated with uncertain tax positions, if any, in the income tax provision. At December 31, 2019, 2018 and 2017, the Company had accrued $22,000, $15,000 and $11,000 in interest and penalties related to uncertain tax positions.
The Company is subject to taxation in the United States and various states along with other foreign countries. The Company has not been notified that it is under audit by the IRS or any state or foreign taxing authorities, however, due to the presence of NOL carryforwards, all of the income tax years remain open for examination in each of these jurisdictions. The Company does not believe that it is reasonably possible that the total amount of unrecognized tax benefits will significantly increase or decrease in the next 12 months.
Deferred income taxes have not been provided for undistributed earnings of the Company’s consolidated foreign subsidiaries because of the Company’s intent to reinvest such earnings indefinitely in active foreign operations. At December 31, 2019, the Company had $0.6 million in unremitted earnings that were permanently reinvested related to its consolidated foreign subsidiaries.
Table:
 |  | Year Ended December 31 | 
 | 2019 | 2018 | 2017
Beginning balance of unrecognized tax benefits | $469 | $326 | $250
Additions for current year tax positions | 106 | 142 | 65
Reductions for prior year tax positions | — | (14) | —
Ending balance (excluding interest and penalties) | 575 | 454 | 315
Interest and penalties | 22 | 15 | 11
Total | $597 | $469 | $326


Question: What was the company's unremitted earnings in 2019?
Answer: $0.6 million
Accumulated Other Comprehensive Income
The following table sets forth the amounts reclassified from AOCI into the Consolidated Statements of Operations, and the associated financial statement line item, net of tax, for the periods indicated (in thousands):
(1) Amounts are included in the computation of net periodic benefit pension cost. Refer to Note 9 – “Postretirement and Other Employee Benefits” for additional information.
(2) The portions of AOCI reclassified into earnings during the fiscal years ended August 31, 2019 and 2017 for available for sale securities were due to a restructuring of securities loss and an other than temporary impairments on securities, respectively, and were recorded to restructuring of securities loss and other expense, respectively.
(3) The Company expects to reclassify $17.0 million into earnings during the next twelve months, which will primarily be classified as a component of cost of revenue.
(4) Amounts are net of tax, which are immaterial for the fiscal years ended August 31, 2019 and 2017. The amount for the fiscal year ended August 31, 2018 includes a reduction to income tax expense related to derivative instruments of $14.8 million.
Table:
 |  |  | Fiscal Year Ended August 31, | 
Comprehensive Income Components | Financial Statement Line Item | 2019 | 2018 | 2017
Foreign currency translation adjustment | Operating income | $— | $— | $5,947
Realized losses (gains) on derivative instruments:(3) |  |  |  | 
Foreign exchange contracts | Cost of revenue | 21,982 | (9,379) | 4,799
Interest rate contracts | Interest expense | (1,723) | (13,697) | 3,950
Actuarial loss | (1) | 741 | 1,127 | 1,929
Prior service credit | (1) | (44) | (88) | (138)
Available for sale securities | (2) | 33,333 | — | 10,139
Total amounts reclassified from AOCI(4) |  | $54,289 | $(22,037) | $26,626


Question: What was the change in the Interest rate contracts between 2018 and 2019?
Answer: 11974
Calculation: -1,723-(-13,697)
Operating profit
Notes
1. Before exceptional items, acquisition related costs, acquired intangible asset amortisation and share-based payment amounting to $4.3 million in total (2018 $19.6 million).
2. Adjusted operating profit as a percentage of revenue in the period.
Adjusted operating profit increased by $15.8 million or 20.5 per cent to $92.9 million in 2019, compared with $77.1 million in 2018. Adjusted operating margin increased by 2.2 per cent to 18.4 per cent, from 16.2 per cent in 2018.
Reported operating profit was up by $31.1 million or 54.1 per cent to $88.6 million (2018 $57.5 million). Total adjusting items were lower in 2019 at $4.3 million, compared to $19.6 million in 2018, mainly due to exceptional items totalling $13.1 million charged last year (see below).
Table:
$ million | 2019 | Adjusted operating margin 1, 2 % | 2018 | Adjusted operating margin 1, 2 %
Networks & Security | 73.9 | 23.1 | 56.4 | 19.8
Lifecycle Service Assurance | 18.1 | 16.3 | 17.4 | 15.4
Connected Devices | 9.5 | 13.1 | 10.5 | 13.3
Corporate | (8.6) |  | (7.2) | 
Adjusted operating profit1 | 92.9 | 18.4 | 77.1 | 16.2
Exceptional items | 0.5 |  | (13.1) | 
Acquisition related costs | (0.1) |  | – | 
Acquired intangible asset amortisation | (1.2) |  | (3.7) | 
Share-based payment | (3.5) |  | (2.8) | 
Reported operating profit | 88.6 |  | 57.5 | 


Question: What was the reported operating profit in 2019?
Answer: $88.6 million
COHERENT, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In thousands)
(1) Reclassification adjustments were not significant during fiscal 2019, 2018 and 2017.
(2) Tax benefits of $(5,161), $0 and $(326) were provided on translation adjustments during fiscal 2019, 2018 and 2017, respectively.
(3) Tax benefits of $0, $(2) and $(1,876) were provided on changes in unrealized losses on available-for-sale securities during fiscal 2019, 2018 and 2017, respectively.
(4) Tax expenses (benefits) of $(2,371), $202 and $1,747 were provided on changes in defined benefit pension plans during fiscal 2019, 2018 and 2017, respectively.
Table:
 |  | Year Ended | 
 | September 28,2019 | September 29,2018 | September 30,2017
Net income | $53,825 | $247,358 | $207,122
Other comprehensive income (loss):(1) |  |  | 
Translation adjustment, net of taxes(2) | (32,609) | (18,065) | 24,923
Changes in unrealized losses on available-for-sale securities, net of taxes(3) | — | (4) | (3,330)
Defined benefit pension plans, net of taxes(4) | (6,560) | 996 | 3,613
Other comprehensive income (loss), net of tax | (39,169) | (17,073) | 25,206
Comprehensive income | $14,656 | $230,285 | $232,328


Question: In which year was Comprehensive income largest?
Answer: 2017
Calculation: 232,328>230,285>14,656
Systems revenue of $8,034 million decreased 2.0 percent year to year as reported (2 percent adjusted for currency) driven by strong IBM Z performance in 2017 and continued price pressures impacting Storage Systems in a competitive environment.
Both hardware platforms were down year to year for the full year, as reported and adjusted for currency. This performance was partially offset by strong growth in Power Systems (which grew as reported and adjusted for currency in 2018) with strong performance in POWER9-based systems and Linux throughout the year. Within Systems, cloud revenue of $3.1 billion decreased 10 percent as reported and adjusted for currency compared to the prior year reflecting IBM Z product cycle dynamics.
Table:
($ in millions) |  |  |  | 
For the year ended December 31: | 2018 |  | Yr.-to-Yr. Percent Change | Yr.-to-Yr. Percent Change Adjusted for Currency
Systems external revenue | $8,034 | $8,194 | (2.0)% | (2.3)%
Systems Hardware | $6,363 | $6,494 | (2.0)% | (2.3)%
IBM Z |  |  | (5.4) | (5.6)
Power Systems |  |  | 8.8 | 8.7
Storage Systems |  |  | (5.5) | (5.9)
Operating Systems Software | 1,671 | 1,701 | (1.7) | (2.4)


Question: What is the increase/ (decrease) in Systems external revenue from 2017 to 2018
Answer: -160
Calculation: 8,034-8,194
Note 21. Quarterly Results (Unaudited)
The following table presents the Company's selected unaudited quarterly operating results for the eight quarters ended March 31, 2019. The Company believes that all adjustments of a normal recurring nature have been made to present fairly the related quarterly results (in millions, except per share amounts). Amounts may not add to the total due to rounding:
Refer to Note 11, Income Taxes, for an explanation of the one-time transition tax recognized in the third quarter of fiscal 2018. Refer to Note 4, Special Charges and Other, Net, for an explanation of the special charges included in operating income in fiscal 2019 and fiscal 2018. Refer to Note 12, Debt and Credit Facility, for an explanation of the loss on settlement of debt included in other (loss) income, net of $4.1 million during the second quarter, $0.2 million during the third quarter, and $8.3 million during the fourth quarter of fiscal 2019 and $13.8 million and $2.1 million for the first quarter and third quarter of fiscal 2018, respectively. Refer to Note 5, Investments, for an explanation of the impairment recognized on available-for-sale securities in the fourth quarter of fiscal 2018.
Table:
Fiscal 2019 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Total
Net sales | $1,212.5 | $1,432.5 | $1,374.7 | $1,329.8 | $5,349.5
Gross profit | $642.0 | $689.3 | $779.6 | $820.5 | $2,931.3
Operating income | $132.3 | $102.7 | $194.7 | $284.6 | $714.3
Net income from continuing operations | $35.7 | $96.3 | $49.2 | $174.7 | $355.9
Diluted net income per common share | $0.14 | $0.38 | $0.20 | $0.70 | $1.42


Question: What was the percentage change in the Operating income between the third and fourth quarter?
Answer: 46.17
Calculation: (284.6-194.7)/194.7
The Group’s revenue mainly comprises the sale of goods in-store and online, and hospitality and leisure services. Revenue is recognised when control of the goods has transferred to the customer or when the service is provided at an amount that reflects the consideration to which the Group expects to be entitled.
For sale of goods in-store, control of the goods transfers to the customer at the point the customer purchases the goods in-store. For sale of goods online, control of the goods transfers to the customer at the point the goods are delivered to, or collected by, the customer. Where payment for the goods is received prior to control transferring to the customer, revenue recognition is deferred in contract liabilities within trade and other payables in the Consolidated Statement of Financial Position until the goods have been delivered to, or collected by, the customer.
Woolworths Rewards points granted by the Group provide customers with a material right to a discount on future purchases. The amounts allocated to Woolworths Rewards points are deferred in contract liabilities within trade and other payables in the Consolidated Statement of Financial Position until redeemed by the customer.
Table:
 | 2019 | 2018
 | 53 WEEKS | 52 WEEKS
 | $M | $M
Sale of goods in-store | 54,720 | 52,533
Sale of goods online | 2,534 | 1,883
Leisure and hospitality services | 1,671 | 1,612
Other | 1,059 | 916
Total | 59,984 | 56,944


Question: What is the average sale of goods in-store for both 2018 and 2019?
Answer: 53626.5
Calculation: (54,720 + 52,533)/2
table of contents stock performance graph the following stock performance graph and related information shall not be deemed 201csoliciting material 201d or 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filings under the securities act of 1933 or the exchange act , each as amended , except to the extent that we specifically incorporate it by reference into such filing . the following stock performance graph compares our cumulative total shareholder return on an annual basis on our common stock with the cumulative total return on the standard and poor 2019s 500 stock index and the amex airline index from december 9 , 2013 ( the first trading day of aag common stock ) through december 31 , 2014 . the comparison assumes $ 100 was invested on december 9 , 2013 in aag common stock and in each of the foregoing indices and assumes reinvestment of dividends . the stock performance shown on the graph below represents historical stock performance and is not necessarily indicative of future stock price performance. .

Table:
 | 12/9/2013 | 12/31/2013 | 12/31/2014
american airlines group inc . | $ 100 | $ 103 | $ 219
amex airline index | 100 | 102 | 152
s&p 500 | 100 | 102 | 114
.

Question: what was the growth rate on the amex airline index from 12/31/2013 to 12/31/2014
Answer: 49%
Calculation: subtract(152, 102), divide(#0, 102)
Dividend Policy
Our policy is to declare quarterly dividends to shareholders as decided by the Board of Directors. The dividend to shareholders could be higher than the operating cash flow or the dividend to shareholders could be lower than the operating cash flow after reserves as the Board of Directors may from time to time determine are required, taking into account contingent liabilities, the terms of our borrowing agreements, our other cash needs and the requirements of Bermuda law.
Total dividends distributed in 2019 totaled $14.3 million or $0.10 per share. The quarterly dividend payments per share over the last 5 years have been as follows:
* Includes $0.05 per share distributed as dividend-in-kind.
The Company declared a dividend of $0.07 per share in respect of the fourth quarter of 2019, which was paid to shareholders on March 16, 2020.
Table:
Period  | 2019 | 2018 | 2017 | 2016 | 2015
1st Quarter  | $0.04 | $0.03 | $0.20 | $0.43 | $0.22
2nd Quarter  | $0.03 | $0.01 | $0.20 | $0.43 | $0.38
3rd Quarter  | $0.01 | $0.02 | $0.15*  | $0.25 | $0.40
4th Quarter  | $0.02 | $0.01 | $0.03 | $0.26 | $0.38
Total | $0.10 | $0.07 | $0.58 | $1.37 | $1.38


Question: What is the average quarterly dividend payments per share in the third quarter of 2018 and 2019?
Answer: 0.01
Calculation: (0.01 + 0.02)/2
NOTE 3 - SHORT TERM INVESTMENTS
The Company's short term investments are classified as below with maturities of twelve months or less, unrealized gains and losses were immaterial for the periods presented:
Table:
 | December 31 | 
 | 2019 | 2018
 | (in thousands) | 
Government | $1,012 | $—
Asset Backed | 4,854 | 1,786
Industrial | 5,034 | 2,381
Financial | 6,879 | 7,136
 | $17,779 | $11,303


Question: What are the respective values of the company's financial short term investments in 2018 and 2019 respectively?
Answer: 7,136, 6,879
(23) Dividends
Our Board of Directors declared the following dividends payable in 2019 and 2018:
The declaration of dividends is solely at the discretion of our Board of Directors, which may change or terminate our dividend practice at any time for any reason without prior notice. On February 27, 2020, our Board of Directors declared a quarterly cash dividend of $0.25 per share.
Table:
Date Declared | Record Date | Dividend per Share | Total Amount | Payment Date
 |  |  | (in millions) | 
November 21, 2019 | 12/2/2019 | $0.250 | $273 | 12/13/2019
August 22, 2019 | 9/2/2019 | 0.250 | 273 | 9/13/2019
May 23, 2019 | 6/3/2019 | 0.250 | 274 | 6/14/2019
March 1, 2019 | 3/12/2019 | 0.250 | 273 | 3/22/2019
November 14, 2018 | 11/26/2018 | 0.540 | 586 | 12/7/2018
August 21, 2018 | 8/31/2018 | 0.540 | 584 | 9/14/2018
May 23, 2018 | 6/4/2018 | 0.540 | 588 | 6/15/2018
February 21, 2018 | 3/5/2018 | 0.540 | 586 | 3/16/2018


Question: What is the average total amount of dividend value for 2018 and 2019?
Answer: 429.62
Calculation: (273+273+274+273+586+584+588+586)/8
Total Expense and Other (Income)
* 2019 results were impacted by Red Hat purchase accounting and acquisition-related activity.
The following Red Hat-related expenses were included in 2019 total consolidated expense and other (income), with no corresponding expense in the prior-year: Red Hat operational spending, interest expense from debt issuances to fund the acquisition and other acquisition-related activity, including: amortization of acquired intangible assets, retention and legal and advisory fees associated with the transaction.
Total expense and other (income) increased 2.8 percent in 2019 versus the prior year primarily driven by higher spending including Red Hat operational spending and investments in software and systems innovation, higher interest expense, non-operating acquisition-related activity associated with the Red Hat transaction and lower IP income, partially offset by lower non-operating retirement-related costs, divesture-related activity (gains on divestitures and lower spending) and the effects of currency. Total operating (non-GAAP) expense and other (income) increased 4.1 percent year to year, driven primarily by the factors above excluding the higher non-operating acquisition related activity and lower non-operating retirement-related costs described above.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2019 | 2018 | Yr.-to-Yr. Percent/ Margin Change*
Total consolidated expense and other (income) | $26,322 | $25,594 | 2.8%
Non-operating adjustments |  |  | 
Amortization of acquired intangible assets | (764) | (437) | 74.8
Acquisition-related charges | (409) | (16) | NM
Non-operating retirement related (costs)/income | (615) | (1,572) | (60.9)
Operating (non-GAAP) expense and other (income) | $24,533 | $23,569 | 4.1%
Total consolidated expense-to-revenue ratio | 34.1% | 32.2% | 2.0 pts.
Operating (non-GAAP) expense-to-revenue ratio | 31.8% | 29.6% | 2.2 pts.


Question: What activity impacted the 2019 results?
Answer: 2019 results were impacted by Red Hat purchase accounting and acquisition-related activity.
The carrying amounts and fair values of Teradyne’s financial instruments at December 31, 2019 and 2018 were as follows:
(1) The carrying value represents the bifurcated debt component only, while the fair value is based on quoted market prices for the convertible note which includes the equity conversion features.
The fair values of accounts receivable, net and accounts payable approximate the carrying amount due to the short term nature of these instruments.
Table:
 | December 31, 2019 |  | December 31, 2018 | 
 | Carrying Value | Fair Value | Carrying Value | Fair Value
 |  | (in thousands) |  | 
Assets |  |  |  | 
Cash and cash equivalents | $773,924 | $773,924 | $926,752 | $926,752
Marketable securities | 241,793 | 241,793 | 277,827 | 277,827
Derivative assets | 528 | 528 | 79 | 79
Liabilities |  |  |  | 
Contingent consideration | 39,705 | 39,705 | 70,543 | 70,543
Derivative liabilities | 203 | 203 | 514 | 514
Convertible debt (1) | 394,687 | 1,010,275 | 379,981 | 547,113


Question: In which year was the fair value of Derivative assets larger?
Answer: 2019
Calculation: 528>79
Exposures The maximum credit risk exposure of the group’s financial assets at the balance sheet date is as follows:
The carrying amount excludes £445m (2017/18: £317m, 2016/17: £360m) of non-current trade and other receivables which relate to non-financial assets, and £1,456m (2017/18: £1,496m, 2016/17: £1,106m) of prepayments, deferred contract costs and other receivables.
Table:
 | Notes | 2019 | 2018 | 2017
At 31 March Notes |  | £m | £m | £m
Derivative financial assets |  | 1,592 | 1,509 | 2,246
Investments | 23 | 3,268 | 3,075 | 1,564
Trade and other receivables a | 17 | 1,766 | 2,518 | 2,729
Contract assets | 6 | 1,602 | – | –
Cash and cash equivalents | 24 | 1,666 | 528 | 528
 |  | 9,894 | 7,630 | 7,067


Question: What is the average investments for 2017 to 2019?
Answer: 2635.67
Calculation: (3,268 + 3,075 + 1,564) / 3
The Group’s revenue mainly comprises the sale of goods in-store and online, and hospitality and leisure services. Revenue is recognised when control of the goods has transferred to the customer or when the service is provided at an amount that reflects the consideration to which the Group expects to be entitled.
For sale of goods in-store, control of the goods transfers to the customer at the point the customer purchases the goods in-store. For sale of goods online, control of the goods transfers to the customer at the point the goods are delivered to, or collected by, the customer. Where payment for the goods is received prior to control transferring to the customer, revenue recognition is deferred in contract liabilities within trade and other payables in the Consolidated Statement of Financial Position until the goods have been delivered to, or collected by, the customer.
Woolworths Rewards points granted by the Group provide customers with a material right to a discount on future purchases. The amounts allocated to Woolworths Rewards points are deferred in contract liabilities within trade and other payables in the Consolidated Statement of Financial Position until redeemed by the customer.
Table:
 | 2019 | 2018
 | 53 WEEKS | 52 WEEKS
 | $M | $M
Sale of goods in-store | 54,720 | 52,533
Sale of goods online | 2,534 | 1,883
Leisure and hospitality services | 1,671 | 1,612
Other | 1,059 | 916
Total | 59,984 | 56,944


Question: What is The Group's revenue mainly made up of?
Answer: The Group’s revenue mainly comprises the sale of goods in-store and online, and hospitality and leisure services.
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
Accounts Receivable and Deferred Rent Asset—The Company derives the largest portion of its revenues and corresponding accounts receivable and the related deferred rent asset from a relatively small number of tenants in the telecommunications industry, and 54% of its current-year revenues are derived from four tenants.
The Company’s deferred rent asset is associated with non-cancellable tenant leases that contain fixed escalation clauses over the terms of the applicable lease in which revenue is recognized on a straight-line basis over the lease term.
The Company mitigates its concentrations of credit risk with respect to notes and trade receivables and the related deferred rent assets by actively monitoring the creditworthiness of its borrowers and tenants. In recognizing tenant revenue, the Company assesses the collectibility of both the amounts billed and the portion recognized in advance of billing on a straight-line basis. This assessment takes tenant credit risk and business and industry conditions into consideration to ultimately determine the collectibility of the amounts billed. To the extent the amounts, based on management’s estimates, may not be collectible, revenue recognition is deferred until such point as collectibility is determined to be reasonably assured. Any amounts that were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense included in Selling, general, administrative and development expense in the accompanying consolidated statements of operations.
Accounts receivable is reported net of allowances for doubtful accounts related to estimated losses resulting from a tenant’s inability to make required payments and allowances for amounts invoiced whose collectibility is not reasonably assured. These allowances are generally estimated based on payment patterns, days past due and collection history, and incorporate changes in economic conditions that may not be reflected in historical trends, such as tenants in bankruptcy, liquidation or reorganization. Receivables are written-off against the allowances when they are determined to be uncollectible. Such determination includes analysis and consideration of the particular conditions of the account. Changes in the allowances were as follows:
(1) In 2019, write-offs are primarily related to uncollectible amounts in India. In 2018 and 2017, recoveries include recognition of revenue resulting from collections of previously reserved amounts.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Balance as of January 1, | $282.4 | $131.0 | $45.9
Current year increases | 104.3 | 157.8 | 87.2
Write-offs, recoveries and other (1) | (223.4) | (6.4) | (2.1)
Balance as of December 31, | $163.3 | $282.4 | $131.0


Question: What was the change in balance as of January 1 between 2018 and 2019?
Answer: 151.4
Calculation: $282.4-$131.0