hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Reconciliations of total segment net revenues and total segment operating income to consolidated net revenues and consolidated income before income tax expense are presented in the table below (amounts in millions):
(1) Includes other income and expenses from operating segments managed outside the reportable segments, including our Distribution business. Also includes unallocated corporate income and expenses.
(2) Since certain of our games are hosted online or include significant online functionality that represents a separate performance obligation, we defer the transaction price allocable to the online functionality from the sale of these games and then recognize the attributable revenues over the relevant estimated service periods, which are generally less than a year. The related cost of revenues is deferred and recognized as an expense as the related revenues are recognized. This table reflects the net effect from the deferrals of revenues and recognition of deferred revenues, along with the related cost of revenues, on certain of our online enabled products.
(3) Intersegment revenues reflect licensing and service fees charged between segments.
(4) Reflects restructuring initiatives, which include severance and other restructuring-related costs.
(5) Reflects the impact of other unusual or unique tax‑related items and activities.
Table:
 | For the Years Ended December 31, | 
 | 2019 | 2018
Reconciliation to consolidated net revenues: |  | 
Segment net revenues | $5,969 | $6,835
Revenues from non-reportable segments (1) | 462 | 480
Net effect from recognition (deferral) of deferred net revenues (2) | 101 | 238
Elimination of intersegment revenues (3) | (43) | (53)
Consolidated net revenues | $6,489 | $7,500
Reconciliation to consolidated income before income tax expense: |  | 
Segment operating income | $2,054 | $2,446
Operating income (loss) from non-reportable segments (1) | 24 | 31
Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2) | 52 | 100
Share-based compensation expense | (166) | (209)
Amortization of intangible assets | (203) | (370)
Restructuring and related costs (4) | (137) | (10)
Discrete tax-related items (5) | (17) | —
Consolidated operating income | 1,607 | 1,988
Interest and other expense (income), net | (26) | 71
Loss on extinguishment of debt | — | 40
Consolidated income before income tax expense | $1,633 | $1,877


Question: What is the change in revenues from non-reportable segments between 2018 and 2019?
Answer: -18
Calculation: (462-480)
Accounting for Uncertainty in Income Taxes
During fiscal 2019 and 2018, the aggregate changes in our total gross amount of unrecognized tax benefits are summarized as follows:
At September 30, 2019 and 2018, the amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate was $0.7 million and $1.8 million, respectively. During fiscal year 2020, it is reasonably possible that resolution of reviews by taxing authorities, both domestic and foreign, could be reached with respect to an immaterial amount of net unrecognized tax benefits depending on the timing of examinations or expiration of statutes of limitations, either because our tax positions are sustained or because we agree to the disallowance and pay the related income tax. We recognize interest and/or penalties related to income tax matters in income tax expense. The amount of net interest and penalties recognized as a component of income tax expense during fiscal 2019 and 2018 were not material.
We are subject to ongoing audits from various taxing authorities in the jurisdictions in which we do business. As of September 30, 2019, the fiscal years open under the statute of limitations in significant jurisdictions include 2016 through 2019 in the U.S. We believe we have adequately provided for uncertain tax issues we have not yet resolved with federal, state and foreign tax authorities. Although not more likely than not, the most adverse resolution of these issues could result in additional charges to earnings in future periods. Based upon a consideration of all relevant facts and circumstances, we do not believe the ultimate resolution of uncertain tax issues for all open tax periods will have a material adverse effect upon our financial condition or results of operations.
Cash amounts paid for income taxes, net of refunds received, were $28.7 million, $15.7 million and $1.6 million in 2019, 2018 and 2017, respectively.
Table:
 |  | September 30,
 | 2019 | 2018
 |  | (in thousands)
Balance at beginning of year | $ 9,942 | $ 13,248
Additions (reductions) for tax positions taken in prior years | 8,458 | (80)
Recognition of benefits from expiration of statutes | (776) | (1,770)
Additions for tax positions related to the current year | 951 | 713
Reductions for tax positions related to acquisitions | — | (2,169)
Balance at end of year | $18,575 | $9,942


Question: In which year was the amount of unrecognized tax benefits higher?
Answer: 2018
Calculation: 1.8>0.7
Note 16. Share-Based Compensation
Share-Based Compensation Expense
The following table presents the details of the Company's share-based compensation expense (in millions):
(1) During the year ended March 31, 2019, $17.2 million of share-based compensation expense was capitalized to inventory, and $14.9 million of previously capitalized share-based compensation expense in inventory was sold. During the year ended March 31, 2018, $11.9 million of share-based compensation expense was capitalized to inventory and $13.8 million of previously capitalized share-based compensation expense in inventory that was sold. During the year ended March 31, 2017, $11.3 million of share-based compensation expense was capitalized to inventory. The amount of sharebased compensation included in cost of sales during fiscal 2017 included $14.5 million of previously capitalized sharebased compensation expense in inventory was sold and $4.2 million of share-based compensation expense related to the Company's acquisition of Atmel that was not previously capitalized into inventory.
The amount of unearned share-based compensation currently estimated to be expensed in the remainder of fiscal 2020 through fiscal 2024 related to unvested share-based payment awards at March 31, 2019 is $253.4 million. The weighted average period over which the unearned share-based compensation is expected to be recognized is approximately 1.88 years.
Table:
 |  | Year Ended March 31, | 
 | 2019 | 2018 | 2017
Cost of sales (1) | $14.9 | $13.8 | $18.7
Research and development | 72.0 | 42.5 | 46.8
Selling, general and administrative | 62.3 | 36.9 | 62.6
Special (income) charges and other, net | 17.2 | — | —
Pre-tax effect of share-based compensation | 166.4 | 93.2 | 128.1
Income tax benefit | 35.5 | 28.3 | 44.2
Net income effect of share-based compensation | $130.9 | $64.9 | $83.9


Question: How many years did research and development expenses exceed $50 million?
Answer: 1
Calculation: 2019
The table below shows the annual pension entitlement earned during the Executive Board membership of each member of the Executive Board on reaching the scheduled retirement age of 62, based on entitlements from SAP under performance-based and salary-linked plans.
Annual Pension Entitlement
1) The rights shown here for Bill McDermott refer solely to rights under the pension plan for SAP America.
These are vested entitlements. To the extent that members continue to serve on the Executive Board and that therefore more contributions are made for them in the future, pensions actually payable at the scheduled retirement age will be higher than the amounts shown in the table.
Table:
€ thousands | Vested on 12/31/2019 | Vested on 12/31/2018
Christian Klein (Co-CEO from 10/11/2019) | 8.2 | 4.1
Adaire Fox-Martin | 11.8 | 7.3
Michael Kleinemeier | 20.0 | 14.8
Bernd Leukert (until 3/31/2019) | 34.7 | 24.6
Bill McDermott (CEO until 10/10/2019, Executive Board Member until 11/15/2019)1) | 90.8 | 105.1
Luka Mucic | 27.6 | 23.2
Jürgen Müller (from 1/1/2019) | 4.8 | -
Stefan Ries | 16.8 | 12.6
Thomas Saueressig (from 11/1/2019) | 0.2 | -


Question: What kind of entitlements are annual pension entitlements as displayed in the table?
Answer: vested entitlements
A summary of the option activity as of May 26, 2019 and changes during the fiscal year then ended is presented below:
We recognize compensation expense using the straight-line method over the requisite service period, accounting for forfeitures as they occur. During fiscal 2017, we granted 1.1 million stock options with a weighted average grant date fair value of $6.12 per share. The total intrinsic value of stock options exercised was $7.9 million, $15.8 million, and $29.8 million for fiscal 2019, 2018, and 2017, respectively. The closing market price of our common stock on the last trading day of fiscal 2019 was $28.83 per share.
Compensation expense for stock option awards totaled $2.2 million, $4.2 million, and $6.2 million for fiscal 2019, 2018, and 2017, respectively, including discontinued operations of $0.2 million for fiscal 2017. Included in the compensation expense for stock option awards for fiscal 2019, 2018, and 2017 was $0.2 million, $0.4 million, and $0.9 million, respectively, related to stock options granted by a subsidiary in the subsidiary's shares to the subsidiary's employees. The tax benefit related to the stock option expense for fiscal 2019, 2018, and 2017 was $0.5 million, $1.4 million, and $2.4 million, respectively.
At May 26, 2019, we had $0.2 million of total unrecognized compensation expense related to stock options that will be recognized over a weighted average period of 0.1 years.
Cash received from stock option exercises for fiscal 2019, 2018, and 2017 was $12.4 million, $25.1 million, and $84.4 million, respectively. The actual tax benefit realized for the tax deductions from option exercises totaled $2.3 million, $5.3 million, and $19.5 million for fiscal 2019, 2018, and 2017, respectively.
Table:
Options | Number of Options (in Millions) | Weighted Average Exercise Price | Average Remaining Contractual Term (Years) | Aggregate Intrinsic Value (in Millions)
Outstanding at May 27, 2018 | 5.1 | $28.11 |  | 
Exercised | (0.6) | $20.75 |  | $7.9
Expired | (0.1) | $29.84 |  | 
Outstanding at May 26, 2019 | 4.4 | $29.00 | 5.47 | $9.9
Exercisable at May 26, 2019 | 4.1 | $28.38 | 5.32 | $9.9


Question: What is the total price of exercised and expired options?
Answer: 15.43
Calculation: (0.6*20.75)+(0.1*29.84)
18. Trade and other payables  Significant accounting policies that apply to trade and other payables We initially recognise trade and other payables at fair value, which is usually the original invoiced amount. We subsequently carry them at amortised cost using the effective interest method.
a Deferred income recognised in prior periods has substantially been reclassified to contract liabilities on adoption of IFRS 15, see notes 1 and 2. The remaining balance includes £51m (2017/18: £132m, 2016/17: £71m) current and £586m (2017/18: £404m, 2016/17: £375m) non-current liabilities relating to the Broadband Delivery UK programme, for which grants received by the group may be subject to re-investment or repayment depending on the level of take-up.
b Other payables relate to operating lease liabilities and deferred gains on a 2001 sale and finance leaseback transaction.
Table:
 | 2019 | 2018 | 2017
At 31 March | £m | £m | £m
Current |  |  | 
Trade payables | 4,141 | 3,991 | 4,205
Other taxation and social security | 564 | 704 | 704
Other payables | 387 | 456 | 672
Accrued expenses | 630 | 492 | 382
Deferred income a | 68 | 1,525 | 1,474
 | 5,790 | 7,168 | 7,437


Question: What was the impact on deferred income on on adoption of IFRS 15?
Answer: Deferred income recognised in prior periods has substantially been reclassified to contract liabilities on adoption of IFRS 15
Cash and Cash Equivalents
Cash and cash equivalents consist of cash, checking accounts, money market accounts and temporary investments with maturities of three months or less when purchased. As of December 31, 2019 and 2018, the Company had no cash equivalents.
Restricted Cash
In connection with certain transactions, the Company may be required to deposit assets, including cash or investment shares, in escrow accounts. The assets held in escrow are subject to various contingencies that may exist with respect to such transactions. Upon resolution of those contingencies or the expiration of the escrow period, some or all the escrow amounts may be used and the balance released to the Company. As of December 31, 2019 and 2018, the Company had $72,000 and $140,000, respectively, deposited in escrow as restricted cash for the Shoom acquisition, of which any amounts not subject to claims shall be released to the pre-acquisition stockholders of Shoom pro-rata on the next anniversary dates of the closing date of the Shoom acquisition. As of December 31, 2019 and 2018, $72,000 and $70,000, respectively, was current and included in Prepaid Assets and Other Current Assets on the consolidated balance sheets. As of December 31, 2019 and 2018, $0 and $70,000 was non-current and included in Other Assets on the consolidated balance sheet.
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the balance sheets that sum to the total of the same amounts show in the statement of cash flows.
Table:
 | For the Years Ended December 31, | 
(in thousands)  | 2019 | 2018
Cash and cash equivalents | $4,777 | $1,008
Restricted cash | 72 | 70
Restricted cash included in other assets, noncurrent | --    | 70
Total cash, cash equivalents, and restricted cash in the balance sheet  | 4,849 | $1,148


Question: What was the Cash and cash equivalents in 2019 and 2018 respectively?
Answer: $4,777, $1,008
Note 21. Earnings Per Share
Basic earnings per share are based on the weighted average number of common shares outstanding during the periods. Diluted earnings per share includes the weighted average number of common shares outstanding during the respective periods and the further dilutive effect, if any, from stock appreciation rights, restricted stock, restricted stock units and shares held in rabbi trust using the treasury stock method.
The number of shares used in the earnings per share computation were as follows (in thousands):
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Basic: |  |  | 
Weighted average common shares outstanding | 41,649 | 42,090 | 41,822
Diluted: |  |  | 
Dilutive effect of stock appreciation rights, restricted stock, restricted stock units and shares held in rabbi trust | 153 | 156 | 319
Total weighted average diluted shares outstanding | 41,802 | 42,246 | 42,141
Anti-dilutive shares excluded from the diluted earnings per share calculation | 69 | 44 | 46


Question: What was the percentage change in the Anti-dilutive shares excluded from the diluted earnings per share calculation in 2019 from 2018?
Answer: 56.82
Calculation: (69-44)/44
Note 3 – Net Income per Share
Reconciliation of net income per common share:
Table:
 |  | Fiscal Year Ended | 
 | December 27, 2019  | December 28, 2018  | December 29, 2017
Numerator: |  |  | 
Net income | $24,193 | $20,402 | $14,366
Add effect of dilutive securities |  |  | 
Interest on convertible notes, net of tax | 207 | 362 | 536
Adjusted net income | $24,400 | $20,764 | $14,902
Denominator: |  |  | 
Weighted average basic common shares outstanding | 29,532,342 | 28,703,265 | 26,118,482
Dilutive effect of stock options and unvested common shares | 211,050 | 270,520 | 68,670
Dilutive effect of convertible notes | 329,946 | 705,134 | 1,237,374
Weighted average diluted common shares outstanding | 30,073,338 | 29,678,919 | 27,424,526


Question: What is the adjusted net income for fiscal years 2019, 2018 and 2017 respectively?
Answer: $24,400, $20,764, $14,902
Other intangible assets were comprised of:
Amortization expense of other intangible assets was $364.7, $316.5, and $294.3 during the years ended December 31, 2019, 2018 and 2017, respectively. Amortization expense is expected to be $400 in 2020, $383 in 2021, $379 in 2022, $347 in 2023 and $321 in 2024.
Table:
 | Cost | Accum. amort. | Net book value
Assets subject to amortization: |  |  | 
Customer related intangibles | $3,926.8 | $(1,083.6) | $  2,843.2
Unpatented technology | 504.0 | (199.5) | 304.5
Software | 172.0 | (93.2) | 78.8
Patents and other protective rights | 9.7 | (7.5) | 2.2
Trade names | 7.3 | (2.8) | 4.5
Assets not subject to amortization: |  |  | 
Trade names | 608.9 | — | 608.9
Balances at December 31, 2018 | $  5,228.7 | $(1,386.6) | $  3,842.1
Assets subject to amortization: |  |  | 
Customer related intangibles | $  4,955.4 | $(1,349.4) | $  3,606.0
Unpatented technology | 613.0 | (279.6) | 333.4
Software | 172.2 | (111.5) | 60.7
Patents and other protective rights | 12.0 | (8.0) | 4.0
Trade names | 7.9 | (4.1) | 3.8
Assets not subject to amortization: |  |  | 
Trade names | 659.8 | — | 659.8
Balances at December 31, 2019 | $ 6,420.3 | $(1,752.6) | $ 4,667.7


Question: What is the percentage change in balances of net book value from 2018 to 2019?
Answer: 21.49
Calculation: (4,667.7-3,842.1)/3,842.1
Note 24. Stock-Based Compensation
The Company’s stock-based compensation plans include the 2019 Equity Incentive Plan for employees and certain non-employees, including non-employee directors, and the Deferred Compensation Plan for certain eligible employees. The Company issues common stock and uses treasury stock to satisfy stock option exercises or vesting of stock awards.
The following table summarizes the stock-based compensation expense (primarily in the Americas) and income tax benefits related to the stock-based compensation, both plan and non-plan related (in thousands):
(1) Included in "General and administrative" costs in the accompanying Consolidated Statements of Operations.
(2) Included in "Income taxes" in the accompanying Consolidated Statements of Operations.
There were no capitalized stock-based compensation costs as of December 31, 2019, 2018 and 2017.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Stock-based compensation (expense) (1) | $(7,396) | $(7,543) | $(7,621)
Income tax benefit (2) | 1,775 | 1,810 | 2,858


Question: What was the percentage change in income tax benefit in 2019 from 2018?
Answer: -1.93
Calculation: (1,775-1,810)/1,810
Note 11. Non-current assets - deferred tax assets
Critical accounting judgements, estimates and assumptions
Deferred tax assets are recognised for deductible temporary differences only if the Group considers it is probable that future taxable amounts will be available to utilise those temporary differences and losses. Calculation of future taxable amounts involve the use of assumptions and management judgments.
A deferred tax asset can only be recorded for the portion of a potential benefit where utilisation is considered probable. The assessment of future taxable amounts involves the use of assumptions and management judgments. The Group has fully recognised a deferred tax asset of $79.3m in relation to assets previously transferred to USA. It is considered probable that there will be future taxable income in the USA to fully realise these temporary differences.
Table:
Consolidated |  | 
 | 2019 | 2018
 | US$000 | US$000
Deferred tax asset comprises temporary differences attributable to: |  | 
Amounts recognised in profit or loss: |  | 
Tax losses | 2,068 | 688
Property, plant and equipment | (176) | 58
Employee benefits | 608 | 235
Employee entitlements | 714 | -
Intellectual property | 79,260 | 79,011
Revenue received in advance | 633 | 1,019
Provisions | 1,054 | 328
Foreign currency translation | 613 | 534
Tax credits | 17 | -
Deferred rent | 82 | 163
 | 84,873 | 82,036
Amounts recognised in equity: |  | 
Transaction costs on share issue | - | 84
Deferred tax asset | 84,873 | 82,120
Amount expected to be recovered within 12 months | 26,588 | 26,995
Amount expected to be recovered after more than 12 months | 58,285 | 55,125
Movements: |  | 
Opening balance | 82,120 | 82,946
Credited/(charged) to profit or loss (note 5) | 2,440 | (933)
Additions through business combinations (note 28) | 314 | 105
Translation differences | (1) | 2
Closing balance | 84,873 | 82,120


Question: What is the percentage increase in the deferred tax assets from 2018 to 2019?
Answer: 3.35
Calculation: (84,873-82,120)/82,120
Deferred Revenue
The opening balances of current and long-term deferred revenue were $30,694 and $1,352, respectively, as of January 1, 2018.
Expressed in US $000's except share and per share amounts
Table:
 | Years ended | 
 | December 31, 2019 | December 31, 2018
 | $ | $
Current portion | 56,691 | 39,180
Long term portion | 5,969 | 1,881
 | 62,660 | 41,061


Question: How much has current deferred revenue changed from January 1, 2018 to December 31, 2018?
Answer: 8486
Calculation: 39,180-30,694
PREPAYMENTS, DEPOSITS AND OTHER ASSETS
Note: (a) As at 31 December 2019, the balances of loans to investees and investees’ shareholders are mainly repayable within a period of one to five years (included in non-current assets), or within one year (included in current assets), and are interest-bearing at rates of not higher than 12.0% per annum (31 December 2018: not higher than 12.0% per annum).
(b) Running royalty fees for online games comprised prepaid royalty fees, unamortised running royalty fees and deferred Online Service Fees.
As at 31 December 2019, the carrying amounts of deposits and other assets (excludes prepayments and refundable value-added tax) approximated their fair values. Deposits and other assets were neither past due nor impaired.
Table:
 | As at 31 December | 
 | 2019 | 2018
 | RMB’Million | RMB’Million
Included in non-current assets: |  | 
Prepayments for media contents | 15,731 | 13,652
Loans to investees and investees’ shareholders (Note (a)) | 937 | 3,864
Prepayments for capital investments in investees | 587 | 619
Running royalty fees for online games (Note (b)) | 564 | 99
Others | 5,623 | 3,297
 | 23,442 | 21,531
Included in current assets: |  | 
Running royalty fees for online games (Note (b)) | 10,888 | 5,230
Prepayments and prepaid expenses | 8,353 | 7,532
Interest receivables | 2,774 | 1,697
Lease deposits and other deposits | 1,107 | 693
Dividend and other investment-related receivables | 1,034 | 338
Refundable value-added tax | 629 | 915
Loans to investees and investees’ shareholders (Note (a)) | 447 | 225
Others | 2,608 | 1,863
 | 27,840 | 18,493
 | 51,282 | 40,024


Question: How much was the prepayment for media contents as at 31 December 2018?
Answer: 13,652
ALTERNATIVE PERFORMANCE MEASURES
Time Charter Equivalent (TCE) earnings:
TORM defines TCE earnings, a performance measure, as revenue after port expenses, bunkers and commissions incl. freight and bunker derivatives. The Company reports TCE earnings because we believe it provides additional meaningful information to investors in relation to revenue, the most directly comparable IFRS measure. TCE earnings is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company’s performance irrespective of changes in the mix of charter types (i.e. spot charters, time charters and bareboat charters) under which the vessels may be employed between the periods. Below is presented a reconciliation from Revenue to TCE earnings:
Table:
USDm | 2019 | 2018 | 2017
Reconciliation to revenue |  |  | 
Revenue | 692.6 | 635.4 | 657.0
Port expenses, bunkers and commissions | -267.7 | -283.0 | -259.9
TCE earnings | 424.9 | 352.4 | 397.1


Question: How is TCE earnings used as a standard shipping industry performance measure?
Answer: TCE earnings is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company’s performance irrespective of changes in the mix of charter types (i.e. spot charters, time charters and bareboat charters) under which the vessels may be employed between the periods