hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
NOTE 7 — PROPERTY AND EQUIPMENT
The components of property and equipment were as follows:
During fiscal years 2019, 2018, and 2017, depreciation expense was $9.7 billion, $7.7 billion, and $6.1 billion, respectively. We have committed $4.0 billion for the construction of new buildings, building improvements, and leasehold improvements as of June 30, 2019.
Table:
(In millions) |  | 
June 30, | 2019 | 2018
Land | $ 1,540 | $ 1,254
Buildings and improvements | 26,288 | 20,604
Leasehold improvements | 5,316 | 4,735
Computer equipment and software | 33,823 | 27,633
Furniture and equipment | 4,840 | 4,457
Total, at cost | 71,807 | 58,683
Accumulated depreciation | (35,330) | (29,223)
Total, net | $  36,477 | $  29,460


Question: How much was the depreciation expense for fiscal year 2017?
Answer: $6.1 billion
Discontinued Operations
In December 2015, we completed the wind down of engineering, manufacturing and sales of our solar inverter product line (the "inverter business"). Accordingly, the results of our inverter business have been reflected as “Income (loss) from discontinued operations, net of income taxes” on our Consolidated Statements of Operations for all periods presented herein.
The effect of our sales of the remaining extended inverter warranties to our customers continues to be reflected in deferred revenue in our Consolidated Balance Sheets. Deferred revenue for extended inverter warranties and the associated costs of warranty service will be reflected in Sales and Cost of goods sold, respectively, from continuing operations in future periods in our Consolidated Statement of Operations, as the deferred revenue is earned and the associated services are rendered. Extended warranties related to the inverter product line are no longer offered.
In May 2019, we divested our grid-tied central solar inverter repair and service operation. In conjunction with the divesture, the initial product warranty for the previously sold grid-tied central solar inverters was transferred to the buyer. Accordingly, a gain of $8.6 million net of tax expense of $2.4 million was recognized in Other income (expense) and Provision (benefit) for income taxes, respectively, in our discontinued operations for the year December 31, 2019. Operating income from discontinued operations for the year ended December 31, 2019 and 2018, also includes the impacts of changes in our estimated product warranty liability, the recovery of accounts receivable and foreign exchange gain or (losses).
Income (loss) from discontinued operations, net of income taxes (in thousands):
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Sales | $  — | $  —
Cost of sales | (901) | (88)
Total operating expense | 1,022 | 96
Operating income (loss) from discontinued operations | (121) | (8)
Other income (expense) | 10,895 | (24)
Income (loss) from discontinued operations before income taxes | 10,774 | (32)
Provision (benefit) for income taxes | 2,294 | 6
Income (loss) from discontinued operations, net of income taxes | $ 8,480 | $  (38)


Question: What was the total operating expense in 2018?
Answer: 96
12. Information about Segments of Geographic Areas
The Company operates in one segment, the development and marketing of network infrastructure equipment. Revenue is attributed to a geographical area based on the location of the customers. The Company operates in three geographic theaters: Americas, which includes the United States, Canada, Mexico, Central America and South America; EMEA, which includes Europe, Russia, Middle East and Africa; and APAC which includes Asia Pacific, China, South Asia and Japan. The Company’s chief operating decision maker (“CODM”), who is its CEO, reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance.
See Note 3. Revenues for the Company’s revenues by geographic regions and channel based on the customers’ ship-to location.
The Company’s long-lived assets are attributed to the geographic regions as follows (in thousands):
Table:
Long-lived Assets  | June 30,
2019 | June 30,
2018
Americas  | $136,035 | $178,251
EMEA   | 28,744 | 15,106
APAC   | 11,529 | 9,896
Total long-lived assets | $176,308 | $203,253


Question: Which years does the table provide information for the company's long-lived assets are attributed to the geographic regions?
Answer: 2019, 2018
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 are the company's respective net revenue from operations in 2018 and 2019?
Answer: $58,631, $49,036
Contract costs As discussed in the Significant Accounting Policies Note, Topic 606 requires the recognition of an asset for incremental costs to obtain a customer contract, which is then amortized to expense, over the respective period of expected benefit. The Partnership recognizes a contract asset for incremental commission costs paid to Verizon Wireless personnel and agents in conjunction with obtaining customer contracts.
The costs are only deferred when it is determined the commissions are incremental costs that would not have been incurred absent the customer contract and are expected to be recovered. Costs to obtain a contract are amortized and recorded ratably as commission expense over the period representing the transfer of goods or services to which the assets relate. Costs to obtain contracts are amortized over the customers' estimated device upgrade cycle of two to three years, as such costs are typically incurred each time a customer upgrades their equipment.
The amortization periods for the costs incurred to obtain a customer contract is determined at a portfolio level due to the similarities within these customer contract portfolios. Other costs, such as general costs or costs related to past performance obligations, are expensed as incurred. Deferred contract costs are classified as current or non-current within prepaid expenses and other, and other assets – net, respectively. The balances of deferred contract costs as of December 31, 2019 and 2018, included in the balance sheet were as follows:
For the years ended December 31, 2019 and 2018, the Partnership recognized expense of $3,126 and $2,161, respectively, associated with the amortization of deferred contract costs, primarily within selling, general and administrative expenses in the statements of income.
Deferred contract costs are assessed for impairment on an annual basis. An impairment charge is recognized to the extent the carrying amount of a deferred cost exceeds the remaining amount of consideration expected to be received in exchange for the goods and services related to the cost, less the expected costs related directly to providing those goods and services that have not yet been recognized as expenses. There have been no impairment charges recognized for the year ended December 31, 2019 and 2018.
Table:
 | 2019 | 2018
Assets |  | 
Prepaid expenses and other | $ 3,027 | $ 2,347
Other assets - net | 1,824 | 1,831
Total | $ 4,851 | $ 4,178


Question: What was the percentage increase / (decrease) in the total assets from 2018 to 2019?
Answer: 16.11
Calculation: 4,851 / 4,178 - 1
O. Accrued Expenses and Other
Accrued expenses and other as of the periods presented consisted of the following (table in millions)
(1) Other primarily consists of litigation accrual, leases accrual, income tax payable and indirect tax accrual.
Accrued partner liabilities primarily relate to rebates and marketing development fund accruals for channel partners, system vendors and systems integrators. Accrued partner liabilities also include accruals for professional service arrangements for which VMware intends to leverage channel partners to directly fulfill the obligation to its customers.
As of January 31, 2020, other included $237 million litigation accrual related to Cirba patent and trademark infringement lawsuit and $155 million accrual for amounts owed to dissenting shareholders in connection with the Pivotal acquisition. Refer to Note E and Note B, respectively, for more information.
Table:
 | January 31, 2020 | February 1, 2019
Accrued employee related expenses | $845 | $780
Accrued partner liabilities | 181 | 207
Customer deposits | 247 | 239
Other(1) | 878 | 438
Total | $2,151 | $1,664


Question: What were the customer deposits in 2020?
Answer: 247
The tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities at each fiscal year-end are presented below (in thousands):
The Tax Act was enacted into law on December 22, 2017. The Tax Act included a reduction in the U.S. federal statutory corporate income tax rate (the “Tax Rate”) from 35% to 21% and introduced new limitations on certain business deductions. As a result, for the fiscal year ended September 30, 2018, we recognized a year-to-date, non-cash $32.5 million tax provision expense impact primarily related to the re-measurement of our deferred tax assets and liabilities due to the reduced Tax Rate.
Deferred tax assets as of September 29, 2019 include state net operating loss carry-forwards of approximately$27.4 million expiring at various times between 2020 and 2038. At September 29, 2019, we recorded a valuation allowance of$2.5 million related to losses and state tax credits, which decreased from the$3.6 million at September 30, 2018 primarily due to the release of the valuation allowance on prior year net operating losses. We believe that it is more likely than not that these net operating loss and credit carry-forwards will not be realized and that all other deferred tax assets will be realized through future taxable income or alternative tax strategies.
The major jurisdictions in which the Company files income tax returns include the United States and states in which we operate that impose an income tax. The federal statutes of limitations have not expired for fiscal years 2016 and forward. The statutes of limitations for California and Texas, which constitute the Company’s major state tax jurisdictions, have not expired for fiscal years 2015 and forward.
Table:
 | 2019 | 2018
Deferred tax assets: |  | 
Accrued defined benefit pension and postretirement benefits | $46,918 | $34,776
Deferred income | 13,803 | 1,535
Impairment | 9,981 | 11,388
Accrued insurance | 7,133 | 8,994
Share-based compensation | 5,415 | 4,936
Tax loss and tax credit carryforwards | 5,327 | 7,458
Lease commitments related to closed or refranchised locations | 3,786 | 4,696
Deferred interest deduction | 3,188 | —
Other reserves and allowances | 2,965 | 851
Accrued incentive compensation | 2,617 | 2,055
Accrued compensation expense | 1,092 | 2,034
Interest rate swaps | — | 181
Other, net | 868 | 2,206
Total gross deferred tax assets | 103,093 | 81,110
Valuation allowance | (2,485) | (3,554)
Total net deferred tax assets | 100,608 | 77,556
Deferred tax liabilities: |  | 
Intangible assets | (10,520) | (10,492)
Leasing transactions | (3,822) | (2,790)
Property and equipment, principally due to differences in depreciation | (128) | (1,855)
Other | (574) | (279)
Total gross deferred tax liabilities | (15,044) | (15,416)
Net deferred tax assets | $85,564 | $62,140


Question: When was the Tax Act enacted into law?
Answer: December 22, 2017
Irish SIP
The weighted average market value per ordinary share for Irish SIP options exercised in 2019 was 350.0p (2018: 387.5p). The SIP shares outstanding at 31 March 2018 have fully vested (2018: had a weighted average remaining vesting period of 0.1 years). Options exercised prior to the vesting date relate to those attributable to good leavers as defined by the scheme rules.
Table:
 | 2019 | 2018
 | Number | Number
Outstanding at 1 April | 35,922 | 44,431
Dividend shares awarded | – | 788
Forfeited | – | (7,950)
Exercised | (30,506) | (1,347)
Outstanding at 31 March | 5,416 | 35,922
Vested and outstanding at 31 March | 5,416 | –


Question: What was the change in the amount Outstanding at 1 April in 2019 from 2018?
Answer: -8509
Calculation: 35,922-44,431
15. Revenue from Contracts with Customers
Impact of Adopting Topic 606
The effects of the adoption on the Company's Consolidated Financial Statements for the fiscal year ended September 28, 2019 was as follows (in thousands):
Table:
 |  | Fiscal Year Ended | 
 | September 28, 2019
As Reported | Adjustments due to Topic 606 | September 28, 2019
As Adjusted - Without
Adoption of Topic 606
Net sales | $3,164,434 | $14,880 | $3,149,554
Cost of sales | 2,872,596 | 12,934 | 2,859,662
       Gross profit | 291,838 | 1,946 | 289,892
       Operating income | 142,055 | 1,946 | 140,109
       Income before income taxes | 125,955 | 1,946 | 124,009
Income tax expense | 17,339 | 440 | 16,899
           Net income | $108,616 | $1,506 | $107,110


Question: What was the Gross Profit after adjustment?
Answer: 289,892
DESCRIPTION OF THE PLANS
ESP
The ESP is designed to encourage employees of BCE and its participating subsidiaries to own shares of BCE. Each year, employees can choose to have a certain percentage of their eligible annual earnings withheld through regular payroll deductions for the purchase of BCE common shares. In some cases, the employer also will contribute a percentage of the employee’s eligible annual earnings to the plan, up to a specified maximum. Dividends are credited to the participant’s account on each dividend payment date and are equivalent in value to the dividends paid on BCE common shares.
The ESP allows employees to contribute up to 12% of their annual earnings with a maximum employer contribution of 2%.
Employer contributions to the ESP and related dividends are subject to employees holding their shares for a two-year vesting period.
The trustee of the ESP buys BCE common shares for the participants on the open market, by private purchase or from treasury. BCE determines the method the trustee uses to buy the shares.
At December 31, 2019, 4,360,087 common shares were authorized for issuance from treasury under the ESP.
The following table summarizes the status of unvested employer contributions at December 31, 2019 and 2018.
(1) The weighted average fair value of the shares contributed was $60 in 2019 and $55 in 2018.
Table:
NUMBER OF ESP SHARES | 2019 | 2018
Unvested contributions, January 1 | 1,120,426 | 1,039,030
Contributions (1) | 623,705 | 671,911
Dividends credited | 57,083 | 56,926
Vested | (523,359) | (501,089)
Forfeited | (153,657) | (146,352)
Unvested contributions, December 31 | 1,124,198 | 1,120,426


Question: What is the percentage change in Contributions in 2019?
Answer: -7.17
Calculation: (623,705-671,911)/671,911
The Company maintains a general allowance for doubtful accounts based on historical experience, along with additional customer specific allowances. The Company regularly monitors credit risk exposures in consolidated receivables. In estimating the necessary level of our allowance for doubtful accounts, management considers the aging of accounts receivable, the creditworthiness of customers, economic conditions within the customer’s industry, and general economic conditions, among other factors.
The following reflects activity in the Company’s allowance for doubtful accounts receivable for the periods indicated (in thousands):
Provision increases recorded in general and administrative expense during the years ended December 31, 2019, 2018, and 2017, reflect increases in the allowance for doubtful accounts based upon collection experience in the geographic regions in which the Company conducts business, net of collection of customer-specific receivables that were previously reserved for as doubtful of collection.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Balance, beginning of period | -$3,912 | -$4,799 | -$3,873
Provision increase | -2,561 | -1,505 | -2,086
Amounts written off, net of recoveries | 1,368 | 2,269 | 1,305
Foreign currency translation adjustments and other | -44 | 123 | -145
Balance, end of period | -$5,149 | -$3,912 | -$4,799


Question: What was the change in balance at the end of period between 2018 and 2019?
Answer: -1237
Calculation: -$5,149+3,912
The income tax (benefit) provision was charged to continuing operations or accumulated other comprehensive income (loss) as follows:
Prior year balances related to deferred tax assets and liabilities have been recast to net the federal effect of state taxes with the specific deferred tax asset or liability to which it relates
Table:
Year Ended December 31, |  |  | 
(dollars in millions) | 2019 | 2018 | 2017
Income tax (benefit) provision related to: |  |  | 
Continuing operations | $(10.6) | $9.4 | $26.7
Accumulated other comprehensive income (loss) | 0.2 | 1.3 | (28.3)


Question: What is the percentage change in income tax from accumulated other comprehensive income between 2018 and 2019?
Answer: -84.62
Calculation: (0.2-1.3)/1.3
Electro-Magnetic, Sensors, and Actuators
The following table sets forth net sales, operating income, and operating income as a percentage of net sales for our MSA reportable segment in fiscal years 2019 and 2018 (amounts in thousands, except percentages).
Net Sales MSA net sales of $240.7 million in fiscal year 2019 increased $13.8 million or 6.1% from $227.0 million in fiscal year 2018. The increase in net sales was primarily driven by a $15.0 million increase in OEM sales in the JPKO region. Also contributing to the increase in net sales was a $4.3 million increase in EMS sales across all regions and a $3.7 million increase in distributor sales across the Americas and EMEA regions. These increase in net sales were partially offset by a $5.5 million decrease in distributor sales across the APAC and JPKO regions and a $3.8 million decrease in OEM sales across the Americas, APAC, and JPKO regions.
Reportable Segment Operating Income
Segment operating income of $22.5 million in fiscal year 2019 increased $6.9 million from $15.7 million in fiscal year 2018. The increase in operating income was primarily due to a $6.6 million decrease in SG&A expenses resulting from a decrease in payroll expenses that was caused by a reduction in head count. Also contributing to the increase in operating income was a $2.9 million decrease in restructuring charges, a $1.3 million decrease in net loss on write down and disposal of long-lived assets, and a $0.2 million decrease in R&D expenses. Partially offsetting these improvements was a $4.1 million decrease in gross margin, which was primarily driven by a change in the sales mix to lower margin products.
Table:
 |  | For the Fiscal Years Ended |  | 
 | March 31, 2019 |  | March 31, 2018 | 
Sales | Amount | % to Net Sales | Amount | % to Net Sales
Net sales | $240,740 |  | $226,964 | 
Segment operating income | 22,546 | 9.4% | 15,694 | 6.9%


Question: What was the main driver of MSA net sales increase between 2018 and 2019?
Answer: primarily driven by a $15.0 million increase in OEM sales in the JPKO region.
In October 2013, the Company ceased to allow new employees to join certain defined benefit plans, except under certain circumstances, and commenced a defined contribution pension plan for new employees.
The Company made contributions of $1.2 million for various defined contribution arrangements during 2019 (December 31, 2018 — $0.9 million).
The Company’s funding policy is to make contributions to its defined benefit pension funds based on actuarial cost methods as permitted and required by pension regulatory bodies. Contributions reflect actuarial assumptions concerning future investment returns, salary projections and future service benefits. Plan assets are represented primarily by Canadian and foreign equity securities, fixed income instruments and short-term investments.
The Company provides certain health care and life insurance benefits for some of its retired employees and their dependents. Participants are eligible for these benefits generally when they retire from active service and meet the eligibility requirements for the pension plan. These benefits are funded primarily on a pay-as-you-go basis, with the retiree generally paying a portion of the cost through contributions, deductibles and coinsurance provisions.
The balance sheet obligations, distributed between pension and other post-employment benefits, included in other long-term liabilities (Note 23) were as follows:
Table:
As at December 31, | 2019 | 2018
Pension benefits | $8,566 | $10,905
Other post-employment benefits | 23,508 | 21,330
Accrued benefit liabilities | $32,074 | $32,235


Question: What is the total pension benefits accrued by the company in 2018 and 2019?
Answer: 19471
Calculation: 8,566 + 10,905