hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
NOTE 2 — EARNINGS PER SHARE
Basic earnings per share (“EPS”) is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted EPS is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards.
The components of basic and diluted EPS were as follows:
Anti-dilutive stock-based awards excluded from the calculations of diluted EPS were immaterial during the periods presented.
Table:
(In millions, except earnings per share) |  |  | 
Year Ended June 30, | 2019 | 2018 | 2017
Net income available for common shareholders (A) | $  39,240 | $  16,571 | $  25,489
Weighted average outstanding shares of common stock (B) | 7,673 | 7,700 | 7,746
Dilutive effect of stock-based awards | 80 | 94 | 86
Common stock and common stock equivalents (C) | 7,753 | 7,794 | 7,832
Earnings Per Share |  |  | 
Basic (A/B) | $ 5.11 | $ 2.15 | $ 3.29
Diluted (A/C) | $ 5.06 | $ 2.13 | $ 3.25


Question: How is diluted earnings per share computed?
Answer: Diluted EPS is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method.
The long-term rate of return assumption represents the expected average rate of earnings on the funds invested or to be invested to provide for the benefits included in the benefit obligations. That assumption is determined based on a number of factors, including historical market index returns, the anticipated long-term asset allocation of the plans, historical plan return data, plan expenses, and the potential to outperform market index returns.
We have the responsibility to formulate the investment policies and strategies for the plans’ assets. Our overall policies and strategies include: maintain the highest possible return commensurate with the level of assumed risk, and preserve benefit security for the plans’ participants.
We do not direct the day-to-day operations and selection process of individual securities and investments and, accordingly, we have retained the professional services of investment management organizations to fulfill those tasks. The investment management organizations have investment discretion over the assets placed under their management. We provide each investment manager with specific investment guidelines by asset class.
Table:
 |  | Years Ended September 30, | 
 | 2019 | 2018 | 2017
Weighted-average assumptions used to determine benefit obligation at September 30: |  |  | 
Discount rate | 2.5% | 3.6% | 3.3%
Rate of compensation increase | 3.1% | 3.3% | 3.2%
Weighted-average assumptions used to determine net periodic benefit cost for the years ended September 30: |  |  | 
Discount rate | 3.6% | 3.3% | 3.0%
Expected return on plan assets | 5.7% | 6.8% | 6.8%
Rate of compensation increase | 3.3% | 3.2% | 3.1%


Question: For the weighted-average assumptions used to determine benefit obligation at September 30, what is the change in the discount rate in 2019 from 2018?
Answer: -1.1
Calculation: 2.5%-3.6%
15. Revenue from Contracts with Customers
Impact of Adopting Topic 606
The Company adopted Topic 606 at the beginning of fiscal 2019 using the modified retrospective method. The new standard resulted in a change to the timing of revenue recognition for a significant portion of the Company's revenue, whereby revenue is recognized over time, as products are produced, as opposed to at a point in time based upon shipping terms. As a result of the adoption of Topic 606, the following adjustments were made to the opening balances of the Company's Consolidated Balance Sheets (in thousands):
The cumulative effect of applying the new guidance in Topic 606 resulted in the Company increasing its fiscal 2019 opening Retained earnings balance by$ 7.8 million due to certain customer contracts requiring revenue recognition over time. Contract assets in the amount of$ 76.4 million were recognized due to the recognition of revenue on an over time basis for some customers rather than at a specific point in time. Inventory declined $69.0 million primarily due to earlier recognition of costs related to the contracts for which revenue was recognized on an over time basis. The decline in other accrued liabilities is primarily due to the reclassification of deferred revenue to contract assets for prepayments associated with revenue recognized over time, partially offset by an increase in taxes payable associated with the increase in revenue recognized over time.
Table:
 | Balance at September 29, 2018  | Impacts due to adoption of Topic
606 | Balance at September 30, 2018
ASSETS |  |  | 
   Contract assets | $— | $76,417 | $76,417
   Inventories | 794,346 | (68,959) | 725,387
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  | 
   Other accrued liabilities | $68,163 | $(357) | $67,806
   Retained earnings | 1,062,246 | 7,815 | 1,070,061


Question: What was the difference between the impacts due to adoption of Topic 606 between Contract assets and inventories?
Answer: 145376
Calculation: 76,417-(-68,959)
16. Segment, Geographic, and Significant Customer Information
We operate in one industry segment: the design, manufacturing, marketing, and technical support of high-performance storage and data management solutions. We conduct business globally, and our sales and support activities are managed on a geographic basis. Our management reviews financial information presented on a consolidated basis, accompanied by disaggregated information it receives from our internal management system about revenues by geographic region, based on the location from which the customer relationship is managed, for purposes of allocating resources and evaluating financial performance. We do not allocate costs of revenues, research and development, sales and marketing, or general and administrative expenses to our geographic regions in this internal management reporting because management does not review operations or operating results, or make planning decisions, below the consolidated entity level.
Summarized revenues by geographic region based on information from our internal management system and utilized by our Chief Executive Officer, who is considered our Chief Operating Decision Maker, is as follows (in millions):
Americas revenues consist of sales to Americas commercial and U.S. public sector markets. Sales to customers inside the U.S. were $3,116 million, $2,878 million and $2,721 million during fiscal 2019, 2018 and 2017, respectively.
Table:
 |  | Year Ended | 
 | April 26, 2019 | April 27, 2018 | April 28, 2017
United States, Canada and Latin America (Americas) | $ 3,425 | $ 3,207 | $ 3,021
Europe, Middle East and Africa (EMEA) | 1,847 | 1,873 | 1,741
Asia Pacific (APAC) | 874 | 839 | 729
Net revenues | $ 6,146 | $ 5,919 | $ 5,491


Question: What was the change in the revenue from Asia Pacific between 2017 and 2018?
Answer: 110
Calculation: 839-729
Uncertain Tax Positions
As of December 31, 2019, 2018 and 2017, we had gross unrecognized tax benefits of $4.4 million, $4.2 million
and $3.8 million, respectively. Accrued interest expense related to unrecognized tax benefits is recognized as part of
our income tax provision in our consolidated statements of operations and is immaterial for the years ended
December 31, 2019 and 2018. Our policy for classifying interest and penalties associated with unrecognized income
tax benefits is to include such items in income tax expense.
The activity related to the unrecognized tax benefits is as follows (in thousands):
These amounts are related to certain deferred tax assets with a corresponding valuation allowance. As ofDecember 31, 2019, the total amount of unrecognized tax benefits, if recognized, that would affect the effective taxrate is $1.0 million. We do not anticipate a material change to our unrecognized tax benefits over the next twelvemonths. Unrecognized tax benefits may change during the next twelve months for items that arise in the ordinarycourse of business.
We are subject to taxation in the United States, various states, and several foreign jurisdictions. Because we havenet operating loss and credit carryforwards, there are open statutes of limitations in which federal, state and foreigntaxing authorities may examine our tax returns for all years from 2005 through the current period. We are notcurrently under examination by any taxing authorities.
Table:
 | Years Ended December 31, |  | 
 | 2019 | 2018 | 2017
Gross unrecognized tax benefits —beginning balance | $4,191 | $3,782 | $3,360
Increases (decrease) related to tax positions from prior years | (280) | (266) | (151)
Increases related to tax positions taken during current year | 530 | 675 | 573
Decreases related to tax positions taken during the current year | — | — | —
Gross unrecognized tax benefits —ending balance | $4,441 | $4,191 | $3,782


Question: What is the company's change in beginning balance between 2018 and 2019?
Answer: 10.81
Calculation: ($4,191 - $3,782)/$3,782
Provision for income taxes
We are a U.S.-based multinational company subject to tax in multiple U.S. and international tax jurisdictions. A substantial portion of our international earnings were generated from subsidiaries organized in Ireland and Singapore. Our results of operations would be adversely affected to the extent that our geographical mix of income becomes more weighted toward jurisdictions with higher tax rates and would be favorably affected to the extent the relative geographic mix shifts to lower tax jurisdictions. Any change in our mix of earnings is dependent upon many factors and is therefore difficult to predict.
The increase in our effective tax rate in fiscal 2019 compared to fiscal 2018 was primarily due to one-time benefits from the 2017 Tax Act in fiscal 2018. In addition, increases in tax expense in fiscal 2019 are attributable to the valuation allowance on capital losses for which we cannot yet recognize a tax benefit.
Table:
 | Fiscal Year | 
(In millions, except for percentages) | 2019 | 2018
Income from continuing operations before income taxes | $108 | $437
Provision for (benefit from) income taxes | $92 | $(690)
Effective tax rate on income from continuing operations | 85% | (158)%


Question: What is the Income from continuing operations before income taxes for Fiscal 2018?
Answer: $437
Operating lease commitments
The Group has entered into commercial leases on certain properties, network infrastructure, motor vehicles and items of equipment. The leases have various terms, escalation clauses, purchase options and renewal rights, none of which are individually significant to the Group
Future minimum lease payments under non-cancellable operating leases comprise:
The total of future minimum sublease payments expected to be received under non-cancellable subleases is €1,027 million (2018: €859 million).
Table:
 | 2019 | 2018
 | €m | €m
Within one year | 2,834 | 2,686
In more than one year but less than two years | 1,654 | 1,633
In more than two years but less than three years | 1,227 | 1,155
In more than three years but less than four years | 950 | 903
In more than four years but less than five years | 739 | 717
In more than five years | 3,412 | 2,600
 | 10,816 | 9,694


Question: How much is the 2019 total future minimum lease payments under non-cancellable operating leases?
Answer: 10,816
Receivables (payables): The balances with Golar Partners and subsidiaries as of December 31, 2019 and 2018 consisted of the following:
(iii) Interest income on short-term loan, balances due(to)/from Golar Partners and its subsidiaries - Receivables and payables with Golar Partners and its subsidiaries comprise primarily of unpaid management fees and expenses for management, advisory and administrative services, dividends in respect of the Hilli Common Units and other related party arrangements including the Hilli Disposal. In addition, certain receivables and payables arise when we pay an invoice on behalf of a related party and vice versa. Receivables and payables are generally settled quarterly in arrears. Balances owing to or due from Golar Partners and its subsidiaries are unsecured, interest-free and intended to be settled in the ordinary course of business. In November 2019, we loaned $15.0 million to Golar Partners, with interest of LIBOR plus 5.0%. The loan was fully repaid, including interest of $0.1 million, in December 2019.
(vii) Methane Princess lease security deposit movements - This represents net advances from Golar Partners since its IPO, which correspond with the net release of funds from the security deposits held relating to a lease for the Methane Princess. This is in connection with the Methane Princess tax lease indemnity provided to Golar Partners under the Omnibus Agreement. Accordingly, these amounts will be settled as part of the eventual termination of the Methane Princess lease.
Table:
(in thousands of $) | 2019 | 2018
Balances due (to)/from Golar Partners and its subsidiaries (iii) | (2,708) | 4,091
Methane Princess lease security deposit movements (vii) | (2,253) | (2,835)
Total | (4,961) | 1,256


Question: What does Methane Princess lease security deposit movement represent?
Answer: Net advances from Golar Partners since its IPO, which correspond with the net release of funds from the security deposits held relating to a lease for the Methane Princess
provision for income taxes increased $ 1791 million in 2012 from 2011 primarily due to the increase in pretax income from continuing operations , including the impact of the resumption of sales in libya in the first quarter of 2012 . the following is an analysis of the effective income tax rates for 2012 and 2011: .

Table:
 | 2012 | 2011
statutory rate applied to income from continuing operations before income taxes | 35% ( 35 % ) | 35% ( 35 % )
effects of foreign operations including foreign tax credits | 18 | 6
change in permanent reinvestment assertion | 2014 | 5
adjustments to valuation allowances | 21 | 14
tax law changes | 2014 | 1
effective income tax rate on continuing operations | 74% ( 74 % ) | 61% ( 61 % )
the effective income tax rate is influenced by a variety of factors including the geographic sources of income and the relative magnitude of these sources of income .
the provision for income taxes is allocated on a discrete , stand-alone basis to pretax segment income and to individual items not allocated to segments .
the difference between the total provision and the sum of the amounts allocated to segments appears in the "corporate and other unallocated items" shown in the reconciliation of segment income to net income below .
effects of foreign operations 2013 the effects of foreign operations on our effective tax rate increased in 2012 as compared to 2011 , primarily due to the resumption of sales in libya in the first quarter of 2012 , where the statutory rate is in excess of 90 percent .
change in permanent reinvestment assertion 2013 in the second quarter of 2011 , we recorded $ 716 million of deferred u.s .
tax on undistributed earnings of $ 2046 million that we previously intended to permanently reinvest in foreign operations .
offsetting this tax expense were associated foreign tax credits of $ 488 million .
in addition , we reduced our valuation allowance related to foreign tax credits by $ 228 million due to recognizing deferred u.s .
tax on previously undistributed earnings .
adjustments to valuation allowances 2013 in 2012 and 2011 , we increased the valuation allowance against foreign tax credits because it is more likely than not that we will be unable to realize all u.s .
benefits on foreign taxes accrued in those years .
see item 8 .
financial statements and supplementary data - note 10 to the consolidated financial statements for further information about income taxes .
discontinued operations is presented net of tax , and reflects our downstream business that was spun off june 30 , 2011 and our angola business which we agreed to sell in 2013 .
see item 8 .
financial statements and supplementary data 2013 notes 3 and 6 to the consolidated financial statements for additional information. .

Question: what were total adjustments to valuation allowances in millions?
Answer: 35
Calculation: add(21, 14)
Plans with projected benefit obligations in excess of plan assets are attributable to unfunded domestic supplemental retirement plans, and our U.K. retirement plan.
Accrued benefit liability reported as:
As of September 30, 2019 and 2018, the amounts included in accumulated other comprehensive income, consisted of
deferred net losses totaling approximately $6.3 million and $5.3 million, respectively.
The amount of net deferred loss expected to be recognized as a component of net periodic benefit cost for the year ending September 30, 2019, is approximately $229 thousand.
Table:
 | September 30, | 
 | 2019 | 2018
 | (Amounts in thousands) | 
Current accrued benefit liability | $335 | $340
Non-current accrued benefit liability | 6,904 | 6,168
Total accrued benefit liability | $7,239 | $6,508


Question: What is the percentage change in the current accrued benefit liability between 2018 and 2019?
Answer: -1.47
Calculation: (335 - 340)/340
Lines of Credit
The following table summarizes our available lines of credit and committed and uncommitted lines of credit, including the revolving credit facility discussed above, and the amounts available under our accounts receivable securitization programs.
(1) Includes total borrowings under the accounts receivable securitization programs, the revolving credit facility and borrowings under lines of credit available to several subsidiaries.
(2) Of the total available lines of credit, $1,137.4 million were committed as of December 31, 2019.
Table:
 | December 31, | 
(In millions) | 2019 | 2018
Used lines of credit (1) | $ 98.9 | $ 232.8
Unused lines of credit | 1,245.2 | 1,135.3
Total available lines of credit(2) | $ 1,344.1 | $ 1,368.1


Question: How much money has not been committed as of December 31, 2019 for total available lines of credit?
Answer: 206.7
Calculation: 1,344.1-1,137.4
9. Net interest income/interest expenses
The interest result can be broken down as follows:
Interest income and interest expenses from financial instruments are assigned to the measurement categories according to IFRS 9 on the basis of the underlying transactions.
The interest expenses included here (of the measurement categories in accordance with IFRS 9) primarily include interest expenses for issued bonds (including the Commercial Paper Programme) of €41 million (2017/18: €55 million) and for liabilities to banks of €19 million (2017/18: €12 million).
The decline in interest expenses was primarily the result of more favourable refinancing terms.
Table:
€ million | 2017/2018 | 2018/2019
Interest income | 27 | 29
thereof finance leases | (0) | (0)
thereof from post-employment benefits plans | (5) | (7)
thereof from financial instruments of the measurement categories according to IFRS 9 (previous year: IAS39): | (16) | (12)
Interest expenses | −163 | −148
thereof finance leases | (−51) | (−49)
thereof from post-employment benefits plans | (−16) | (−15)
thereof from financial instruments of the measurement categories according to IFRS9 (previous year: IAS39) | (−79) | (−69)
Interest result | −136 | −119


Question: In which year was the interest income larger?
Answer: 2018/2019
Calculation: 29>27
The following unaudited pro forma financial information is presented as if the acquisitions had taken place at the beginning of the periods presented and should not be taken as representative of the Company’s future consolidated results of operations. The following unaudited pro forma information includes adjustments for the amortization expense related to the identified intangible assets.
The following table summarizes the Company’s unaudited pro forma financial information is presented as if the acquisitions occurred on October 1, 2017 (amounts shown in thousands):
For the year ended September 30, 2018, revenue of $9.1 million and a net loss of $5.3 million related to the A2iA and ICAR businesses since the respective acquisition dates are included in the Company's consolidated statements of operations.
Table:
 | For the years ended September 30, | 
 | 2019 | 2018
Pro forma revenue | $86,206 | $78,130
Pro forma net income (loss) | $889 | $(12,268)


Question: What are the revenue and net loss related to the A2iA and ICAR businesses for the year ended September 30, 2018, respectively?
Answer: $9.1 million, $5.3 million
NOTE 19—RESTRUCTURING
In 2019, we initiated projects to restructure and modify our supply chain strategy, functional responsibilities, methods, capabilities, processes and rationalize suppliers with the goal of reducing ongoing costs and increasing the efficiencies of our worldwide procurement organization. The majority of the costs associated with these restructuring activities are related to consultants that we have engaged in connection with these efforts, and such costs have been recognized by our corporate entity. The total costs of this restructuring project are expected to exceed amounts incurred to date by $0.9 million and these efforts are expected to be completed early in fiscal 2020. Also, in fiscal 2019 our CTS and CGD segments incurred restructuring charges, consisting primarily of employee severance costs related to headcount reductions initiated to optimize our cost positions. The total costs of each of these restructuring plans initiated thus far are not expected to be significantly greater than the charges incurred to date.
Our fiscal 2018 restructuring activities related primarily to expenses incurred by our corporate entity to establish a North American shared services center. Our fiscal 2017 restructuring activities included corporate efforts to increase the centralization and efficiency of our manufacturing processes, as well as restructuring charges incurred by our CGD businesses related to the elimination of a level of management in the CGD simulator business.
Restructuring charges incurred by our business segments were as follows (in millions):
Table:
 |  | Years Ended September 30, | 
 | 2019 | 2018 | 2017
Restructuring costs: |  |  | 
Cubic Transportation Systems | $  3.2 | $  0.4 | $  0.4
Cubic Mission Solutions | — | 0.2 | —
Cubic Global Defense | 3.3 | 1.3 | 0.9
Unallocated corporate expenses | 8.9 | 3.1 | 1.0
Total restructuring costs | $  15.4 | $  5.0 | $  2.3


Question: What did the restructuring charges incurred by the CTS and CGD segments in 2019 consist primarily of?
Answer: consisting primarily of employee severance costs related to headcount reductions initiated to optimize our cost positions