hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Stock-Based Compensation
The Company accounts for options granted to employees by measuring the cost of services received in exchange for the award of equity instruments based upon the fair value of the award on the date of grant. The fair value of that award is then ratably recognized as an expense over the period during which the recipient is required to provide services in exchange for that award.
Options and warrants granted to consultants and other non-employees are recorded at fair value as of the grant date and subsequently adjusted to fair value at the end of each reporting period until such options and warrants vest, and the fair value of such instruments, as adjusted, is expensed over the related vesting period.
The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. The fair value of the award is measured on the grant date and recognized over the period services are required to be provided in exchange for the award, usually the vesting period. Forfeitures of unvested stock options are recorded when they occur.
The Company incurred stock-based compensation charges of $3.5 million and $1.5 million for each of the years ended December 31, 2019 and 2018, respectively, which are included in general and administrative expenses. The following table summarizes the nature of such charges for the periods then ended (in thousands):
Table:
 | For the Years Ended December 31, | 
 | 2019 | 2018
Compensation and related benefits | $3,247 | $949
Professional and legal fees | 242 | 545
Totals  | 3,489 | $1,494


Question: How are options and warrants granted to consultants and other non-employees recorded?
Answer: at fair value as of the grant date and subsequently adjusted to fair value at the end of each reporting period until such options and warrants vest, and the fair value of such instruments, as adjusted, is expensed over the related vesting period.
Non-Operating Income, net: Non-operating income, net consists primarily of interest income, net foreign currency exchange losses, the noncontrolling interests in the net profits of our majority-owned subsidiaries (primarily Oracle Financial Services Software Limited and Oracle Corporation Japan) and net other income, including net recognized gains and losses related to all of our investments, net unrealized gains and losses related to the small portion of our investment portfolio related to our deferred compensation plan, net unrealized gains and losses related to certain equity securities and non-service net periodic pension income (losses).
On a constant currency basis, our non-operating income, net decreased in fiscal 2019 compared to fiscal 2018 primarily due to decreases in other income, net in fiscal 2019 , which was primarily attributable to realized gains on the sale of certa in marketable securities during fiscal 2018 , and lower interest income in fiscal 2019 primarily due to lower average cash, cash equivalent and marketable securities balances during fiscal 2019 .
Table:
 |  |  | Year Ended May 31, | 
 |  |  | Percent Change | 
(Dollars in millions) | 2019 | Actual | Constant | 2018
Interest income | $1,092 | -9% | -9% | $1,203
Foreign currency losses, net | (111) | 50% | 62% | (74)
Noncontrolling interests in income | (152) | 12% | 12% | (135)
Other income, net | (14) | -107% | -42% | 191
Total non-operating income, net | $815 | -31% | -31% | $1,185


Question: How much was the total amount of foreign currency losses, net and interest income across 2018 and 2019?
Answer: 2110
Calculation: 1,092 + 1,203 - 111 - 74
Europe
Europe net revenues increased $749,000 in 2019 compared to 2018 (see “Revenues” above). Europe expenses increased $1.3 million from 2018 to 2019 primarily due to increased marketing costs.
Foreign currency movements relative to the U.S. dollar negatively impacted our local currency income from our operations in Europe by approximately $207,000 and $181,000 for 2019 and 2018, respectively.
Table:
Year Ended December 31, |  | 
 | 2019 | 2018
(In thousands) |  | 
Revenues | $36,898 | $36,149
Income from operations | $4,461 | $4,973
Income from operations as a % of revenues | 12% | 14%


Question: Why did Europe expenses increase from 2018 to 2019?
Answer: primarily due to increased marketing costs
Note 7 — Inventories, net
Inventories are used in the manufacture and service of Restaurant/Retail products. The components of inventory, net consist of the following:
At December 31, 2019 and 2018, the Company had recorded inventory write-downs of $9.6 million and $9.8 million , respectively, against Restaurant/Retail inventories, which relate primarily to service parts.
Table:
 | December 31, | 
 | (in thousands) | 
 | 2019 | 2018
Finished Goods | $8,320 | $12,472
Work in process | — | 67
Component parts | 6,768 | 4,716
Service parts | 4,238 | 5,482
 | $19,326 | $22,737


Question: What is the value of Finished Goods in 2019 and 2018 respectively?
Answer: $8,320, $12,472
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: What was the amount of Cash and cash equivalents in 2016?
Answer: 185,243
operating expenses as a percentage of total revenue .

Table:
 | 2006 | 2005 | 2004
marketing and sales | 27% ( 27 % ) | 28% ( 28 % ) | 28% ( 28 % )
research and development | 31% ( 31 % ) | 29% ( 29 % ) | 31% ( 31 % )
general and administrative | 10% ( 10 % ) | 10% ( 10 % ) | 7% ( 7 % )
operating expense summary 2006 compared to 2005 overall operating expenses increased $ 122.5 million in 2006 , as compared to 2005 , primarily due to : 2022 an increase of $ 58.4 million in stock-based compensation expense due to our adoption of sfas no .
123r ; and 2022 an increase of $ 49.2 million in salary , benefits and other employee-related costs , primarily due to an increased number of employees and increases in bonus and commission costs , in part due to our acquisition of verisity ltd. , or verisity , in the second quarter of 2005 .
2005 compared to 2004 operating expenses increased $ 97.4 million in 2005 , as compared to 2004 , primarily due to : 2022 an increase of $ 63.3 million in employee salary and benefit costs , primarily due to our acquisition of verisity and increased bonus and commission costs ; 2022 an increase of $ 9.9 million in stock-based compensation expense due to grants of restricted stock and the assumption of options in our acquisitions ; 2022 an increase of $ 8.6 million in losses associated with the sale of installment contract receivables ; and 2022 an increase of $ 7.1 million in costs related to the retirement of our executive chairman and former president and chief executive officer in 2005 ; partially offset by 2022 our restructuring activities , as discussed below .
marketing and sales 2006 compared to 2005 marketing and sales expenses increased $ 39.4 million in 2006 , as compared to 2005 , primarily due to : 2022 an increase of $ 14.8 million in stock-based compensation expense due to our adoption of sfas no .
123r ; 2022 an increase of $ 18.2 million in employee salary , commissions , benefits and other employee-related costs due to increased hiring of sales and technical personnel , and higher commissions earned resulting from an increase in 2006 sales performance ; and 2022 an increase of $ 7.8 million in marketing programs and customer-focused conferences due to our new marketing initiatives and increased travel to visit our customers .
2005 compared to 2004 marketing and sales expenses increased $ 33.1 million in 2005 , as compared to 2004 , primarily due to : 2022 an increase of $ 29.4 million in employee salary , commission and benefit costs due to increased hiring of sales and technical personnel and higher employee bonuses and commissions ; and 2022 an increase of $ 1.6 million in stock-based compensation expense due to grants of restricted stock and the assumption of options in our acquisitions ; partially offset by 2022 a decrease of $ 1.9 million in marketing program costs. .

Question: what portion of the increase of operating expense in 2006 is incurred by the increase in stock-based compensation expense due to our adoption of sfas no?
Answer: 47.7%
Calculation: divide(58.4, 122.5)
issuer purchases of equity securities the following table provides information about purchases by us during the three months ended december 31 , 2013 of equity securities that are registered by us pursuant to section 12 of the exchange act : 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 ( 1 ) ( 2 ) dollar value of shares that may yet be purchased under the plans or programs ( 1 ) .

Table:
period | total number of shares purchased ( 1 ) | average price paid per share | total number of shares purchased as part of publicly announcedplans or programs ( 1 ) ( 2 ) | dollar value of shares that may yet be purchased under the plans orprograms ( 1 )
october 2013 | 0 | $ 0 | 0 | $ 781118739
november 2013 | 1191867 | 98.18 | 1191867 | 664123417
december 2013 | 802930 | 104.10 | 802930 | 580555202
total | 1994797 | $ 100.56 | 1994797 | 
( 1 ) as announced on may 1 , 2013 , in april 2013 , the board of directors replaced its previously approved share repurchase authorization of up to $ 1 billion with a current authorization for repurchases of up to $ 1 billion of our common shares exclusive of shares repurchased in connection with employee stock plans , expiring on june 30 , 2015 .
under the current share repurchase authorization , shares may be purchased from time to time at prevailing prices in the open market , by block purchases , or in privately-negotiated transactions , subject to certain regulatory restrictions on volume , pricing , and timing .
as of february 1 , 2014 , the remaining authorized amount under the current authorization totaled approximately $ 580 million .
( 2 ) excludes 0.1 million shares repurchased in connection with employee stock plans. .

Question: what is the percentual increase observed in the average price paid per share during november and december of 2013?
Answer: 6.03%
Calculation: divide(104.10, 98.18), subtract(#0, const_1)
Contractual Obligations
The following summarizes our contractual obligations at June 30, 2019, and the effect such obligations are expected to have on our liquidity and cash flow in future periods (in thousands):
The contractual obligations referenced above are more specifically defined as follows:
Debt obligations relate to amounts owed under our Credit Agreement.
Inventory unconditional purchase obligations represent the purchase of long lead-time component inventory that our contract manufacturers procure in accordance with our forecast. We expect to honor the inventory purchase commitments within the next 12 months.
Contractual commitments to suppliers for future services.
Deferred payments represent Data Center Business consideration obligation of $1.0 million per quarter.
Contingent consideration for the Capital Financing Business acquisition, at fair value. Actual payments could be different
Non-cancelable operating lease obligations represent base rents and operating expense obligations.
Other liabilities include our commitments towards debt related fees and specific arrangements other than inventory.
The amounts in the table above exclude immaterial income tax liabilities related to uncertain tax positions as we are unable to reasonably estimate the timing of the settlement.
We did not have any material commitments for capital expenditures as of June 30, 2019.
Table:
 | Total   | Less than
1 Year | 1-3 years     | 3-5 years   | More than
5 years
Contractual Obligations:                         |  |  |  |  | 
Debt obligations | $180,500 | $9,500 | $28,500 | $142,500 | $—
Interest on debt obligations   | 25,582 | 8,333 | 14,952 | 2,297 | —
Inventory unconditional purchase obligations | 51,241 | 51,241 | — | — | —
Contractual commitments | 94,000 | 23,500 | 47,000 | 23,500 | —
Non-cancellable operating lease obligations | 104,678 | 22,733 | 41,854 | 23,804 | 16,287
Deferred payments for an acquisition | 15,000 | 4,000 | 8,000 | 3,000 | —
Contingent consideration for an acquisition | 6,298 | 4,236 | 2,013 | 49 | —
Other liabilities   | 379 | 124 | 249 | 6 | —
Total contractual cash obligations  | $477,678 | $123,667 | $142,568 | $195,156 | $16,287


Question: What does Inventory unconditional purchase obligations represent?
Answer: the purchase of long lead-time component inventory that our contract manufacturers procure in accordance with our forecast
Grants of Plan-Based Awards
The following table sets forth the estimated possible payouts under the cash incentive awards granted to our Named
Executive Officers in respect of 2019 performance under the 2019 NEO Plan.
(1) Amounts presented assume payment of threshold, target and maximum awards at the applicable level.
Table:
Name | Grant Date |  | Estimated Future Payouts Under Non-Equity Incentive Plan Awards (1) |  | All Other Stock Awards: Number of Shares of Stock or  Units (#) | All Other Option Awards: Number of Securities Underlying Options (#) | Exercise or Base Price of Option Awards ($/Sh) | Grant Date Fair Value of Stock and Option Awards
 |  | Threshold ($) | Target ($) | Maximum ($) |  |  |  | 
Barry Litwin | - | 100,238 | 1,113,750 | 1,237,500 |  |  |  | 
Thomas Clark | - | 5,062 | 225,000 | 337,500 |  |  |  | 
Robert Dooley | - | 13,837 | 615,000 | 922,500 |  |  |  | 
Eric Lerner | - | 6,773 | 300,900 | 451,350 |  |  |  | 
Manoj Shetty | - | 5,435 | 241,535 | 362,303 |  |  |  | 
Lawrence Reinhold | N/A | N/A | N/A | N/A |  |  |  | 


Question: What is the total target payout under the 2019 NEO Plan for the highest and lowest paying Named Executive Officer under the 2019 NEO Plan?
Answer: 1338750
Calculation: 1,113,750 + 225,000
Net revenue: Net revenue from our Energy segment for the year ended December 31, 2019 increased $18.3 million to $39.0 million from $20.7 million for the year ended December 31, 2018. The increase was primarily driven by the AFTC related to the 2018 and 2019 CNG sales that was recognized in the fourth quarter of 2019, inclusive of prior period AFTC at the acquired ampCNG stations which was also recognized in 2019. The increase was also driven by higher volume-related revenues from the recent acquisition of the ampCNG stations and growth in CNG sales volumes.
Cost of revenue: Cost of revenue from our Energy segment for the year ended December 31, 2019 increased $5.9 million to $17.1 million from $11.2 million for the year ended December 31, 2018. The increase was due to overall growth in volumes of gasoline gallons delivered and higher commodity and utility costs driven by the acquisition of ampCNG stations.
Selling, general and administrative: Selling, general and administrative expenses from our Energy segment for the year ended December 31, 2019 increased $0.9 million to $4.9 million from $4.0 million for the year ended December 31, 2018. The increase was driven by an increase in salaries and benefits largely due to the of the acquisition of ampCNG stations, which were acquired late in the second quarter of 2019, partially offset by a one-time expense in the prior year related to the abandonment of a station development project.
Depreciation and amortization from our Energy segment for the year ended December 31, 2019 increased $1.4 million to $6.9 million from $5.5 million for the year ended December 31, 2018. The increase was due to additional depreciation and amortization from the recent acquisition of ampCNG stations.
Other operating expense from our Energy segment was a loss of $0.5 million for the year ended December 31, 2018, driven by impairment of certain stations during the fourth quarter of 2018.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | Increase / (Decrease)
Net revenue | $39.0 | $20.7 | $18.3
Cost of revenue | 17.1 | 11.2 | 5.9
Selling, general and administrative | 4.9 | 4.0 | 0.9
Depreciation and amortization | 6.9 | 5.5 | 1.4
Other operating expense | — | 0.5 | (0.5)
Income (loss) from operations | 10.1 | $(0.5) | $10.6


Question: What was the cost of revenue for the year ended December 31, 2019?
Answer: $17.1 million
Non-marketable investments
Non-marketable equity securities are measured at fair value using market data, such as publicly available financing round valuations. Financial information of private companies may not be available and consequently we will estimate the fair value based on the best available information at the measurement date.
The following table presents the reconciliations of Level 3 financial instrument fair values:
There were transfers out from Level 3 due to initial public offerings of the respective investees during fiscal year 2019. There were no transfers between levels during fiscal year 2018.
Table:
 | Capped Call | Embedded exchange feature of Notes | Non-marketable investments
 |  | (U.S. $ in thousands) | 
Balance as of June 30, 2017 | $— | $— | $—
Purchases | 87,700 | (177,907) | —
Gains (losses) |  |  | 
Recognized in other non-operating (expense) income, net | 12,232 | (24,646) | 
Balance as of June 30, 2018 | 99,932 | (202,553) | —
Change in unrealized gains (losses) relating to assets and liabilities held as of June 30, 2018 |  |  | 
Recognized in other non-operating income (expense), net | 12,232 | (24,646) | —
Balance as of June 30, 2018 | $99,932 | $(202,553) | $—
Purchases | — | — | 23,000
Transfer out | — | — | (20,942)
Gains (losses) |  |  | 
Recognized in finance income | — | — | 270
Recognized in other non-operating (expense) income, net | 114,665 | (648,573) | —
Recognized in other comprehensive income | — | — | 672
Balance as of June 30, 2019 | $214,597 | $(851,126) | $3,000
Change in unrealized gains (losses) relating to assets and liabilities held as of June 30, 2019 |  |  | 
Recognized in other non-operating income (expense), net | 114,665 | (648,573) | —


Question: What is the change in the balance of capped call between fiscal year ended June 30, 2018 and 2019?
Answer: 114665
Calculation: 214,597-99,932
Section 5: Our people
We are working to attract and retain employees with the skills and passion to best serve our markets. This section provides information about our employee benefits obligations. It also includes details of our employee share plans and compensation paid to key management personnel.
5.1 Key management personnel compensation
Key management personnel (KMP) refers to those who have authority and responsibility for planning, directing and controlling the activities of the Group. For a list of key management personnel and additional disclosures, refer to the remuneration report on pages 38 to 53.
KMP aggregate compensation
During the financial years 2019 and 2018, the aggregate compensation provided to KMP was as follows:
Other transactions with our KMP and their related parties
During the financial years 2019 and 2018, apart from transactions disclosed in note 7.2 of the financial report, there were no other transactions with our KMP and their related parties.
Table:
 | CONSOLIDATED | 
 | 2019 $ | 2018 $
Short-term employee benefits | 3,728,367 | 2,780,820
Post-employment benefits | 151,851 | 184,614
Share-based payments | 651,748 | 320,560
Termination benefits | 367,015 | 841,940
 | 4,898,981 | 4,127,934


Question: What is the post-employment benefits in 2018?
Answer: 184,614
ITEM 6. SELECTED FINANCIAL DATA
The selected financial data presented below has been derived from our audited consolidated financial statements. This data should be read in conjunction with “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Item 8. Financial Statements and Supplementary Data” of this Annual Report.
(2) We retrospectively adopted ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)” in 2018. As a result, we have adjusted balances for 2017 and 2016. We have not adjusted 2015 for ASU 2014-09.
(3) On January 1, 2019, we adopted Accounting Standards Codification 842 “Leases” (“ASC 842”) using the modified retrospective method, reflecting any cumulative effect as an adjustment to equity. Results for reporting periods beginning on or after January 1, 2019 are presented under ASC 842, while prior period amounts were not adjusted and continue to be reported in accordance with the Company’s historical accounting under ASC 840 “Leases.”
Table:
 |  | December 31. |  |  | 
(in thousands) | 2019 | 2018 | 2017 | 2016 | 2015
Consolidated Balance Sheet Data (2) (3): |  |  |  |  | 
Total cash, cash equivalents, and marketable securities | $68,363 | $207,423 | $223,748 | $133,761 | $219,078
Goodwill | $79,039 | $72,858 | $72,952 | $73,164 | $46,776
Total assets | $984,812 | $982,553 | $1,012,753 | $867,135 | $627,758
Total stockholders’ equity | $539,010 | $621,531 | $655,870 | $548,940 | $322,859


Question: What is the percentage change in the company's goodwill between 2017 and 2018?
Answer: -0.13
Calculation: (72,858 - 72,952)/72,952