hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
The breakout of product and service revenues was as follows:
Our product revenues increased $158.1 million, or 9%, in 2019 from 2018 primarily due to higher sales in Semiconductor Test of testers for 5G infrastructure and image sensors, higher sales in Storage Test of 3.5” hard disk drive testers, and higher demand in Industrial Automation, partially offset by a decrease in sales in Semiconductor Test automotive and analog test segments. Service revenues increased $36.1 million or 10%.
In 2019 and 2018, no single direct customer accounted for more than 10% of our consolidated revenues. In 2019 and 2018, our five largest direct customers in aggregate accounted for 27% and 27% of our consolidated revenues, respectively.
We estimate consolidated revenues driven by Huawei Technologies Co. Ltd. (“Huawei”), combining direct sales to that customer with sales to the customer’s OSATs, accounted for approximately 11% and 4% of our consolidated revenues in 2019 and 2018, respectively. We estimate consolidated revenues driven by another OEM customer, combining direct sales to that customer with sales to the customer’s OSATs, accounted for approximately 10% and 13% of our consolidated revenues in 2019 and 2018, respectively.
Table:
 | 2019 | 2018 | 2018-2019 Dollar Change
 |  | (in millions) | 
Products revenues | $1,887.7 | $1,729.6 | $158.1
Services revenues | 407.3 | 371.2 | 36.1
 | $2,295.0 | $2,100.8 | $194.2


Question: What was the change in product revenues?
Answer: $158.1 million
CAPITAL MANAGEMENT
The primary objective of the Company’s capital management is to ensure that it maintains a strong credit rating and healthy capital ratios to support its business and maximize the stockholders’ value. The Company also ensures its ability to operate continuously to provide returns to stockholders and the interests of other related parties, while maintaining the optimal capital structure to reduce costs of capital.
To maintain or adjust the capital structure, the Company may adjust the dividend payment to stockholders, return capital to stockholders, issue new shares or dispose assets to redeem liabilities.
Similar to its peers, the Company monitors its capital based on debt to capital ratio. The ratio is calculated as the Company’s net debt divided by its total capital. The net debt is derived by taking the total liabilities on the consolidated balance sheets minus cash and cash equivalents. The total capital consists of total equity (including capital, additional paid-in capital, retained earnings, other components of equity and non-controlling interests) plus net debt.
The Company’s strategy, which is unchanged for the reporting periods, is to maintain a reasonable ratio in order to raise capital with reasonable cost. The debt to capital ratios as of December 31, 2018 and 2019 were as follows:
Table:
 | As of December 31, | 
 | 2018 | 2019
 | NT$ | NT$
 | (In Thousands) | (In Thousands)
Total liabilities | $158,199,746 | $163,347,778
Less: Cash and cash equivalents | (83,661,739) | (95,492,477)
Net debt | 74,538,007 | 67,855,301
Total equity | 204,397,483 | 202,913,915
Total capital | $278,935,490 | $270,769,216
Debt to capital ratios | 26.72% | 25.06%


Question: What is the percentage increase / (decrease) of Total Capital from 2018 to 2019?
Answer: -2.93
Calculation: 270,769,216 / 278,935,490 - 1
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
Disaggregation of Revenue
The following table presents our sales by product line, which includes certain reclassifications to prior comparative periods to conform to our current year presentation:
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Semiconductor Equipment | $403,018 | $533,770 | $554,063
Industrial & Medical | 245,992 | 185,122 | 116,949
Data Center Computing | 91,438 | — | —
Telecom & Networking | 48,500 | — | —
Total | $788,948 | $718,892 | $671,012


Question: What was the sales for Industrial & Medical in 2017?
Answer: 116,949
This section presents the Group’s contractual obligation to make a payment in the future in relation to purchases of property, plant and equipment, and lease commitments.
Capital expenditure and operating lease commitments of the Group at the reporting date are as follows:
The commitments set out above do not include contingent turnover rentals, which are charged on many retail premises leased by the Group. These rentals are calculated as a percentage of the turnover of the store occupying the premises, with the percentage and turnover threshold at which the additional rentals commence varying with each lease agreement.
The Group leases retail premises and warehousing facilities which are generally for periods up to 40 years. The operating lease commitments include leases for the Norwest office and distribution centres. Generally the lease agreements are for initial terms of between five and 25 years and most include multiple renewal options for additional five to 10-year terms. Under most leases, the Group is responsible for property taxes, insurance, maintenance, and expenses related to the leased properties. However, many of the more recent lease agreements have been negotiated on a gross or semi-gross basis, which eliminates or significantly reduces the Group’s exposure to operational charges associated with the properties.
From 1 July 2019, the Group adopted AASB 16 Leases and as a result the operating lease commitments set out above have been recognised in the Consolidated Statement of Financial Position, with the exception of the service component of lease payments. Refer to Note 1.2.6 for a reconciliation between the operating lease commitments at 30 June 2019 and the lease liabilities recognised at 1 July 2019.
Table:
 | 2019 | 2018
 | $M | $M
Capital expenditure commitments |  | 
Estimated capital expenditure under firm contracts, payable: |  | 
Not later than one year | 398 | 416
Later than one year, not later than two years | – | –
Later than two years, not later than five years | – | –
Total capital expenditure commitments | 398 | 416
Operating lease commitments |  | 
Future minimum rentals under non-cancellable operating leases, payable: |  | 
Not later than one year | 1,998 | 2,089
Later than one year, not later than five years | 7,415 | 7,484
Later than five years | 12,378 | 13,331
Total operating lease commitments | 21,791 | 22,904
Total commitments for expenditure | 22,189 | 23,320


Question: What is the difference in total operating lease commitments between 2018 and 2019?
Answer: 1113
Calculation: 22,904 - 21,791
(1) Included in other long-term assets.
For certain other financial instruments, including accounts receivable, unbilled receivables, and accounts payable, the carrying value approximates fair value due to the relatively short maturity of these items.
Table:
 |  | December 31, 2018 |  | 
(in thousands) | Level 1 | Level 2 | Level 3 | Total
Cash equivalents | $10,155 | $10,000 | - | $20,155
Marketable securities: |  |  |  | 
Municipal bonds | $— | $44,705 | — | $44,705
Corporate bonds | — | $48,296 | — | $48,296
Total marketable securities | $— | $93,001 | — | $93,001
Investments in privately-held companies (1) | $— | — | $3,390 | $3,390


Question: What are the respective Level 2 municipal and corporate bonds as at December 31, 2018?
Answer: $44,705, $48,296
Commitments
At March 31, 2019, we had contractual obligations in the form of non-cancellable operating leases and debt, including interest payments (see Note 3, “Debt” and Note 15, “Commitments and Contingencies” to our consolidated financial statements), European social security, pension benefits, other post-retirement benefits, inventory purchase obligations, fixed asset purchase obligations, acquisition related obligations, and construction obligations as follows (amounts in thousands):
(1) Refer to Note 3, “Debt” for additional information. Repayment of the Customer Capacity Agreements assumes the customers purchase products in a quantity sufficient to require the maximum permitted debt repayment amount per quarter.
(2) Reflects expected benefit payments through fiscal year 2029.
(3) In addition to amounts reflected in the table, an additional $2.9 million has been recorded in the line item "Accrued expenses," for which the timing of payment has not been determined.
Table:
 |  |  | Payment Due by Period |  | 
Contractual obligations | Total | Year 1 | Years 2 - 3 | Years 4 - 5 | More than 5 years
Debt obligations (1) | $305,927 | $28,430 | $59,509 | $55,708 | $162,280
Interest obligations (1) | 28,200 | 6,326 | 11,039 | 8,928 | 1,907
Operating lease obligations | 48,311 | 10,898 | 14,302 | 9,402 | 13,709
Pension and other post-retirement benefits (2) | 94,178 | 6,758 | 15,184 | 18,024 | 54,212
Employee separation liability | 7,640 | 594 | 674 | 674 | 5,698
Restructuring liability | 2,181 | 1,869 | 312 | — | —
Purchase commitments | 31,468 | 31,468 | — | — | —
Capital lease obligations | 2,049 | 993 | 888 | 168 | —
Anti-trust fines and settlements (3) | 34,880 | 21,712 | 10,203 | 2,965 | —
Total | $554,834 | $109,048 | $112,111 | $95,869 | $237,806


Question: What was the difference in the total between Employee separation liability and Restructuring liability?
Answer: 5459
Calculation: 7,640-2,181
DSUs
Eligible bonuses and RSUs/PSUs may be paid in the form of DSUs when executives or other eligible employees elect to or are required to participate in the plan. The value of a DSU at the issuance date is equal to the value of one BCE common share. For non-management directors, compensation is paid in DSUs until the minimum share ownership requirement is met; thereafter, at least 50% of their compensation is paid in DSUs. There are no vesting requirements relating to DSUs. Dividends in the form of additional DSUs 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. DSUs are settled when the holder leaves the company.
The following table summarizes the status of outstanding DSUs at December 31, 2019 and 2018.
(1) The weighted average fair value of the DSUs issued was $59 in 2019 and $55 in 2018.
Table:
NUMBER OF DSUs | 2019 | 2018
Outstanding, January 1 | 4,391,997 | 4,309,528
Issued (1) | 84,588 | 94,580
Settlement of RSUs/PSUs | 146,960 | 112,675
Dividends credited | 236,079 | 240,879
Settled | (236,525) | (365,665)
Outstanding, December 31 | 4,623,099 | 4,391,997


Question: What is the fair value of the DSUs issued in 2019?
Answer: 4990692
Calculation: 84,588*$59
Teradyne determined the stock options’ expected life based upon historical exercise data for executive officers, the age of the executive officers and the terms of the stock option grant. Volatility was determined using historical volatility for a period equal to the expected life. The risk-free interest rate was determined using the U.S. Treasury yield curve in effect at the time of grant. Dividend yield was based upon an estimated annual dividend amount of $0.36 per share divided by Teradyne’s stock price on the grant date of $37.95 for the 2019 grants, $47.70 for the 2018 grants and $28.56 for the 2017 grants.
Stock compensation plan activity for the years 2019, 2018, and 2017, is as follows:
Table:
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Restricted Stock Units: |  |  | 
Non-vested at January 1 | 2,454 | 3,174 | 3,778
Awarded | 1,139 | 790 | 939
Vested | (1,237) | (1,382) | (1,434)
Forfeited | (87) | (128) | (109)
Non-vested at December31 | 2,269 | 2,454 | 3,174
Stock Options: |  |  | 
Outstanding at January 1 | 506 | 531 | 926
Granted | 102 | 69 | 111
Exercised | (280) | (94) | (501)
Forfeited | (7) | — | —
Expired | (2) | — | (5)
Outstanding at December 31 | 319 | 506 | 531
Vested and expected to vest at December 31 | 319 | 506 | 531
Exercisable at December 31 | 85 | 256 | 233


Question: In which years was the stock compensation plan activity recorded?
Answer: 2019, 2018, 2017
Stock-Based Compensation Award Activity
The following table summarizes the shares available for grant under the 2019 Plan and 2009 Plan (in thousands):
Table:
 | Shares Available for Grant | 
 | 2019 Plan | 2009 Plan
Balance at December 30, 2018 | — | 483
Authorized | 357 | —
Options granted | — | —
Options forfeited or expired | 26 | 2
RSUs granted | (113) | (240)
RSUs forfeited | 2 | 54
Plan Shares expired | — | (299)
Balance at December 29, 2019 | 272 | —


Question: What are the respective number of RSUs forfeited in the 2019 and 2009 plans?
Answer: 2, 54
Note 6 – Accrued Expenses
Accrued expenses consisted of the following:
Table:
 |  | December 31,
 | 2019 | 2018
Payroll and incentive compensation | $ 3,009 | $ 1,937
Current portion of operating lease liabilities     – | 285 | -
Real estate taxes | 398 | 398
Other | 395 | 442
Total accrued expenses | $ 4,087 | $ 2,777


Question: What is the average real estate taxes for 2018 and 2019?
Answer: 398
Calculation: (398+398)/2
Revenue
Revenue was $5,517.9 million and $5,878.3 million for 2019 and 2018, respectively. The decrease of $360.4 million, or 6.1% was primarily attributable to an 8.2%, 4.8% and 1.5% decrease in revenue in PSG, ASG and ISG, respectively, which is further explained below. Revenue by reportable segment for each were as follows (dollars in millions):
(1) Certain of the amounts may not total due to rounding of individual amounts.
Revenue from PSG
Revenue from PSG decreased by $249.9 million, or approximately 8%, which was due to a combination of a decrease in volume of products sold and a competitive pricing environment. The revenue in our Protection and Signal Division, Integrated Circuits Division, and High Power Division, decreased by $106.5 million, $96.6 million and $91.5 million, respectively. This was partially offset by an increase in revenue of $30.1 million and $15.0 million from our Foundry Services and Power Mosfet Division, respectively.
Revenue from ASG
Revenue from ASG decreased by $98.9 million, or approximately 5%, which was also due to a combination of a decrease in volume of products sold and a competitive pricing environment. The revenue in our Industrial and Offline Power Division and our Signal Processing, Wireless and Medical Division, decreased by $100.5 million and $56.4 million, respectively. This was partially offset by $84.8 million of revenue from Quantenna, which was acquired during 2019.
Revenue from ISG
Revenue from ISG decreased by $11.6 million, or 1.5%, which was due to a decrease in our Industrial Sensing Division revenue of $20.8 million, primarily due to decreased demand, which was partially offset by an increase in revenue in other divisions.
Table:
 | 2019 | As a % of Revenue (1) | 2018 | As a % of Revenue (1)
PSG | $ 2,788.3 | 50.5 % | $ 3,038.2 | 51.7 %
ASG | 1,972.3 | 35.7 % | 2,071.2 | 35.2 %
ISG | 757.3 | 13.7 % | 768.9 | 13.1 %
Total revenue | $ 5,517.9 |  | $ 5,878.3 | 


Question: What is the change in revenue from PSG from 2018 to 2019?
Answer: -249.9
Calculation: 2,788.3-3,038.2
Uncertain Tax Positions
As of June 30, 2019, 2018, and 2017, we had accrued interest expense related to uncertain tax positions of $3.4 billion, $3.0 billion, and $2.3 billion, respectively, net of income tax benefits. The provision for (benefit from) income taxes for fiscal years 2019, 2018, and 2017 included interest expense related to uncertain tax positions of $515 million, $688 million, and $399 million, respectively, net of income tax benefits.
The aggregate changes in the gross unrecognized tax benefits related to uncertain tax positions were as follows:
We settled a portion of the Internal Revenue Service (“IRS”) audit for tax years 2004 to 2006 in fiscal year 2011. In February 2012, the IRS withdrew its 2011 Revenue Agents Report related to unresolved issues for tax years 2004 to 2006 and reopened the audit phase of the examination. We also settled a portion of the IRS audit for tax years 2007 to 2009 in fiscal year 2016, and a portion of the IRS audit for tax years 2010 to 2013 in fiscal year 2018. We remain under audit for tax years 2004 to 2013. We expect the IRS to begin an examination of tax years 2014 to 2017 within the next 12 months.
As of June 30, 2019, the primary unresolved issues for the IRS audits relate to transfer pricing, which could have a material impact on our consolidated financial statements when the matters are resolved. We believe our allowances for income tax contingencies are adequate. We have not received a proposed assessment for the unresolved issues and do not expect a final resolution of these issues in the next 12 months. Based on the information currently available, we do not anticipate a significant increase or decrease to our tax contingencies for these issues within the next 12 months.
We are subject to income tax in many jurisdictions outside the U.S. Our operations in certain jurisdictions remain subject to examination for tax years 1996 to 2018, some of which are currently under audit by local tax authorities. The resolution of each of these audits is not expected to be material to our consolidated financial statements.
Table:
(In millions) |  |  | 
Year Ended June 30, | 2019 | 2018 | 2017
Beginning unrecognized tax benefits | $ 11,961 | $ 11,737 | $ 10,164
Decreases related to settlements | (316) | (193) | (4)
Increases for tax positions related to the current year | 2,106 | 1,445 | 1,277
Increases for tax positions related to prior years | 508 | 151 | 397
Decreases for tax positions related to prior years | (1,113) | (1,176) | (49)
Decreases due to lapsed statutes of limitations | 0 | (3) | (48)
Ending unrecognized tax benefits | $  13,146 | $  11,961 | $  11,737


Question: How much was the accrued interest expense related to uncertain tax positions as of June 30, 2019?
Answer: As of June 30, 2019, 2018, and 2017, we had accrued interest expense related to uncertain tax positions of $3.4 billion, $3.0 billion, and $2.3 billion, respectively, net of income tax benefits.
Assets are not allocated to segments for internal reporting presentations. A portion of amortization and depreciation is included with various other costs in an overhead allocation to each segment; it is impracticable for us to separately identify the amount of amortization and depreciation by segment that is included in the measure of segment profit or loss.
Long-lived assets, excluding financial instruments and tax assets, classified by the location of the controlling statutory company and with countries over 10% of the total shown separately, were as follows:
Table:
(In millions) |  |  | 
June 30, | 2019 | 2018 | 2017
United States | $ 55,252 | $ 44,501 | $ 42,730
Ireland | 12,958 | 12,843 | 12,889
Other countries | 25,422 | 22,538 | 19,898
Total | $  93,632 | $  79,882 | $  75,517


Question: What reason does the company give for not separately identifying the amount of amortization and depreciation by segment?
Answer: it is impracticable for us to separately identify the amount of amortization and depreciation by segment that is included in the measure of segment profit or loss.
A tax credit of £8.9m in the year compared to a £13.7m charge in the prior year. This included a deferred tax credit in the current year of £6.1m, largely reflecting the loss before tax reported of £42.7m and a credit of £1.7m relating to the adjustment of prior period losses and capital allowances. A current year tax credit of £1.1m was in respect of overseas tax.
A deferred tax liability at 30 March 2019 of £13.5m compared to a liability of £12.1m at 31 March 2018. This movement is primarily due to a slightly higher pensions surplus reported at 30 March 2019 compared to 31 March 2018 reflecting the allowability for tax on pensions contribution payments. Recognised and unrecognised deferred tax assets relating to brought forward losses were approximately £44m at 30 March 2019 and equate to around £250m of future taxable profits.
The corporation tax rate and deferred tax rate applied in calculations are 19.0% and 17.0% respectively.
Table:
£m | 2018/19 | 2017/18 | Change
Overseas current tax |  |  | 
Current year | 1.1 | 0.8 | 0.3
Deferred tax |  |  | 
Current period | 6.1 | (4.1) | 10.2
Prior periods | 1.7 | (8.1) | 9.8
– Adjustment to restate opening deferred tax at 17.0% | – | (2.3) | 2.3
Income tax credit/ (charge) | 8.9 | (13.7) | 22.6


Question: What was the percentage change in the overseas current tax from 2017/18 to 2018/19?
Answer: 37.5
Calculation: 1.1 / 0.8 - 1
11 Intangible assets
(a) Intangible assets
RIGHTS AND LICENCES
Certain licences that NEXTDC possesses have an indefinite useful life and are carried at cost less impairment losses and are subject to impairment review at least annually and whenever there is an indication that it may be impaired.
Other licences that NEXTDC acquires are carried at cost less accumulated amortisation and accumulated impairment losses. Amortisation is recognised on a straight-line basis over the estimated useful life. The estimated useful life and amortisation method are reviewed at the end of each annual reporting period.
INTERNALLY GENERATED SOFTWARE
Internally developed software is capitalised at cost less accumulated amortisation. Amortisation is calculated using the straight-line basis over the asset’s useful economic life which is generally two to three years. Their useful lives and potential impairment are reviewed at the end of each financial year.
SOFTWARE UNDER DEVELOPMENT
Costs incurred in developing products or systems and costs incurred in acquiring software and licenses that will contribute to future period financial benefits through revenue generation and/or cost reduction are capitalised to software and systems. Costs capitalised include external direct costs of materials and services and employee costs.
Assets in the course of construction include only those costs directly attributable to the development phase and are only recognised following completion of technical feasibility and where the Group has an intention and ability to use the asset.
Table:
 | Rights and licences | Internally generated software | Software under development | Total
Movements | $'000 | $'000 | $'000 | $'000
30 June 2019 |  |  |  | 
Opening net book amount at 1 July 2018 | 13 | 6,385 | 6,509 | 12,907
Additions – internally developed | - | - | 11,896 | 11,896
Amortisation | - | (1,116) | - | (1,116)
Transfers between classes | - | 2,121 | (2,121) | -
Disposals | - | (9) | - | (9)
Closing net book amount | 13 | 7,381 | 16,284 | 23,678


Question: What percentage of the total gain in book amount was due to internally generated software?
Answer: 9.25
Calculation: (7,381 - 6,385) / (23,678 - 12,907)