hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
SG&A costs during fiscal 2018 were $222.0 million, an increase of $5.7 million compared to the $216.3 million of SG&A during fiscal 2017. The following table shows the components of SG&A costs for the twelve months ended October 31, 2018 and 2017.
Regarding the table above, the change in start-up expense in any particular period relates to the stage of the start-up process in which a facility under construction is in during the period. Non-construction related expenses, such as labor, training and office-related expenses for a facility under construction are recorded as start-up expense until the facility begins operations. As a facility moves closer to actual start-up, the expenses incurred for labor, training, etc. increase. As a result, amounts classified as start-up expenses will increase period over period until the facility begins production. Once production begins, the expenses from that point forward are recorded as costs of goods sold. The increase in legal expenses was primarily attributable to our ongoing defense of the litigation described in “Part II, Item 3. Legal Proceedings” of this Form 10-K. The increases in trainee expense and administrative salaries were primarily attributable to increases in personnel that coincide with the Company's growth plans. The decrease in bonus expense, payouts of which are based on profitability, was the result of profitability not reaching the required levels for payout of that incentive. The decrease in ESOP expense, payouts of which are based on profitability, was attributable to the difference in the level of profitability between fiscal 2018 and 2017. The increase in all other SG&A expenses was the result of a net increase in various other categories of SG&A costs.
Table:
Selling, General and Administrative Costs (in thousands) |  |  | 
Description | Twelve months ended October 31, 2018 | Twelve months ended October 31, 2017 | Increase/(Decrease) 
Start-up expense (Tyler, Texas complex)  | $13,394 | $403 | $ 12,991
Legal services expense  | 17,573 | 7,879 | 9,694
All other SG&A  | 68,863 | 61,847 | 7,016
Administrative salary expense | 42,288 | 36,193 | 6,095
Trainee expense  | 21,553 | 16,182 | 5,371
Charter aircraft expense | 2,167 | 900 | 1,267
Depreciation expense - machinery and equipment  | 5,801 | 4,555 | 1,246
Stock compensation expense  | 15,702 | 16,952 | (1,250)
Marketing expense | 32,624 | 34,272 | (1,648)
Start-up expense (St. Pauls, North Carolina complex)  | — | 4,022 | (4,022)
Bonus award program expense  | — | 15,098 | (15,098)
Employee Stock Ownership Plan ("ESOP") expense | 2,000 | 18,000 | (16,000)
Total SG&A  | $221,965 | $216,303 | $ 5,662


Question: What does the table show?
Answer: the components of SG&A costs for the twelve months ended October 31, 2018 and 2017
In 2019 we recorded $5 million of impairment, restructuring charges and other related closure costs, mainly consisting of impairment of equipment and licenses dedicated exclusively to certain development projects that were cancelled, while no alternative future use was identified internally.
In 2018 we recorded $21 million of impairment, restructuring charges and other related closure costs, consisting of: (i) $19 million related to the set-top box restructuring plan and (ii) $2 million of impairment of acquired technologies, for which it was determined that they had no future alternative use.
In 2017 we recorded $45 million of impairment, restructuring charges and other related closure costs, primarily consisting of: (i) $34 million of net restructuring charges related to the set-top box restructuring plan; (ii) $13 million of restructuring charges related to the restructuring plan in Bouskoura, Morocco;
(iii) $3 million charge relating to the update of the existing unused lease provision and (iv) $5 million income for the reversal of provisions related to previously announced restructuring plans, mainly the Embedded Processing Solutions business restructuring plan, for which accrued provisions were not fully used at completion of the plan.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (In millions) | 
Impairment, restructuring charges and other related closure costs | $(5) | $(21) | $(45)


Question: What is the average Impairment, restructuring charges and other related closure costs?
Answer: 23.67
Calculation: (5+21+45) / 3
NOTE 14-INFORMATION CONCERNING PRODUCT LINES, GEOGRAPHIC INFORMATION, ACCOUNTS RECEIVABLE AND REVENUE CONCENTRATION
The Company identifies its business segments based on business activities, management responsibility and geographic location. For all periods presented, the Company operated in a single reportable business segment.
The following is a breakdown of revenue by product family (in thousands):
(1) New products include all products manufactured on 180 nanometer or smaller semiconductor processes, eFPGA IP license, QuickAI and SensiML AI software as a service (SaaS) revenues. Mature products include all products produced on semiconductor processes larger than 180 nanometer.
Table:
 |  | Fiscal Years | 
 | 2019 | 2018 | 2017
Revenue by product line (1) : |  |  | 
New products | $3,123 | $5,735 | $5,853
Mature products | 7,187 | 6,894 | 6,296
Total revenue | $10,310 | $12,629 | $12,149


Question: What is the total revenue from new products in 2018 and 2019?
Answer: 8858
Calculation:  ($5,735 + $3,123)
Notes to Consolidated Financial Statements
Operating Leases
The Company leases certain of its corporate, manufacturing and other facilities from multiple third- party real estate developers. The operating leases expire at various dates through 2034, and some of these leases have renewal options, with the longest ranging up to two, ten-year periods. Several of these leases also include market rate rent escalations, rent holidays, and leasehold improvement incentives, all of which are recognized to expense on a straight-line basis. Leasehold improvements made either at the inception of the lease or during the lease term are amortized over the lesser of the remaining life of the lease term (including renewals that are reasonably assured) or the useful life of the asset. The Company also leases various machinery and equipment and office equipment under non-cancelable operating leases. The remaining terms of these operating leases range from less than one year to approximately 15 years.
Rent expense under operating leases, covering facilities and equipment, was approximately $19.3 million, $16.3 million, and $14.8 million for fiscal years 2019, 2018 and 2017, respectively.
Capital Leases
In fiscal 2018, the Company entered into a capital lease for a facility in Beijing, China that will allow the Company to consolidate several leased facilities as well as provide additional manufacturing space. The lease term is expected to commence in fiscal 2021 and therefore is not recorded on the Consolidated Balance Sheet as of March 30, 2019. The lease has an initial term of five years and includes multiple renewal options, with the maximum lease term not to exceed 30 years. The minimum future payments for this lease are included in the table below.
Purchase commitments
The Company’s other purchase commitments include payments due for materials and manufacturing services. The Company also has commitments for the purchase of property and equipment, a substantial majority of which will be due within the next 12 months.
The Company’s minimum payments under non-cancelable leases and purchase commitments as of March 30, 2019, are as follows (in thousands):
Table:
Fiscal Year | Operating Leases | Capital Leases | Purchase Commitments
2020 | $22,207 | $241 | $328,435
2021 | 13,382 | 1,220 | 24,005
2022 | 10,331 | 1,220 | 5,654
2023 | 8,224 | 1,220 | 3,596
2024 | 7,139 | 1,220 | —
Thereafter | 31,598 | 47,258 | —
Total minimum payments | $92,881 | $52,379 | $361,690


Question: What is the change in the company's operating leases in 2020 and 2021?
Answer: 8825
Calculation: 22,207 - 13,382
A.2.6 Calculation of return on capital employed
For purposes of calculating ROCE in interim periods, income before interest after tax is annualized. Average capital employed is determined using the average of the respective balances as of the quarterly reporting dates for the periods under review.
[1] Item Other interest expenses / income, net primarily consists of interest relating to corporate debt, and related hedging activities, as well as interest income on corporate assets.
Table:
(in millions of €) | 2019 | 2018
Net income | 5,648 | 6,120
Less: Other interest expenses / income, net 1 | (529) | (482)
Plus: SFS Other interest expenses / income | 763 | 721
Plus: Net interest expenses related to provisions for pensions and similar |  | 
obligations | 148 | 164
Less: Interest adjustments |  | 
(discontinued operations) | – | –
Less: Taxes on interest adjustments |  | 
(tax rate (flat) 30%) | (115) | (121)
(I) Income before interest after tax | 5,916 | 6,401
(II) Average capital employed | 53,459 | 50,715
(I) / (II) ROCE | 11.1 % | 12.6 %


Question: What is the increase / (decrease) in Average capital employed from 2018 to 2019?
Answer: 2744
Calculation: 53,459 - 50,715
Services provided by the Company’s auditors
During the year, the Group (including overseas subsidiaries) obtained the following services from the operating company’s auditors:
Table:
 | 2019 | 2018
 | £m | £m
Fees payable for the audit of the Company and consolidated financial statements | 0.1 | 0.1
Fees payable for other services: |  | 
– the audit of the subsidiary undertakings pursuant to legislation | 0.2 | 0.1
Total | 0.3 | 0.2


Question: What do the fees in the table relate to?
Answer: Services provided by the Company’s auditors
Note 13. Basic and Diluted Net Loss Per Share
Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period, less the weighted-average unvested common stock subject to repurchase or forfeiture as they are not deemed to be issued for accounting purposes. Diluted net loss per share is computed by giving effect to all potential shares of common stock, stock options, restricted stock units, ESPP, and convertible senior notes, to the extent dilutive. For the periods presented, all such common stock equivalents have been excluded from diluted net loss per share as the effect to net loss per share would be anti-dilutive.
The following table sets forth the computation of the Company’s basic and diluted net loss per share during the years ended December 31, 2019, 2018 and 2017 (in thousands, except per share data)
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Numerator |  |  | 
Net loss | $(53,607) | $(26,203) | $(4,204)
Denominator |  |  | 
Weighted-average common shares for basic and diluted net loss per share | 83,130 | 79,500 | 76,281
Basic and diluted net loss per share | $(0.64) | $(0.33) | $(0.06)


Question: What is the percentage change in the weighted-average common shares for basic and diluted net loss per share between 2018 and 2019?
Answer: 4.57
Calculation: (83,130 - 79,500)/79,500
For a particular tax-paying component of the Company and within a particular tax jurisdiction, all current deferred tax liabilities and assets are offset and presented as a single amount, similarly to non-current deferred tax liabilities and assets. The Company does not offset deferred tax liabilities and assets attributable to different tax-paying components or to different tax jurisdictions.
The net deferred tax assets are recorded in legal entities which have been historically profitable and are expected to be profitable in the next coming years.
Table:
 | December 31, 2019 | December 31, 2018
Tax loss carryforwards and investment credits | 612 | 603
Less unrecognized tax benefit | (21) | (20)
Tax loss carry forwards net of unrecognized tax benefit | 591 | 583
Inventory valuation | 28 | 28
Impairment and restructuring charges | 6 | 14
Fixed asset depreciation in arrears | 39 | 35
Increased depreciation incentives | 213 | 211
Capitalized development costs | 118 | 108
Receivables for government funding | 14 | 11
Tax credits granted on past capital investments | 1,151 | 1,155
Pension service costs | 81 | 65
Stock awards | 6 | 7
Operating lease liabilities | 40 | —
Commercial accruals | 15 | 12
Other temporary differences | 22 | 26
Total deferred tax assets | 2,324 | 2,255
Valuation allowances | (1,534) | (1,548)
Deferred tax assets, net | 790 | 707
Accelerated fixed asset depreciation | (20) | (16)
Acquired intangible assets | (16) | (13)
Advances of government funding | (31) | (12)
Operating lease right-of-use assets | (40) | —
Other temporary differences | (7) | (7)
Deferred tax liabilities | (114) | (48)
Net deferred income tax asset | 676 | 659


Question: What adjustments are made by the company for deferred tax asset and liabilities?
Answer: The Company does not offset deferred tax liabilities and assets attributable to different tax-paying components or to different tax jurisdictions.
table of contents company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the dow jones u.s . technology supersector index and the s&p information technology index for the five years ended september 27 , 2014 . the company has added the s&p information technology index to the graph to capture the stock performance of companies whose products and services relate to those of the company . the s&p information technology index replaces the s&p computer hardware index , which is no longer tracked by s&p . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the dow jones u.s . technology supersector index and the s&p information technology index as of the market close on september 25 , 2009 . note that historic stock price performance is not necessarily indicative of future stock price performance . copyright a9 2014 s&p , a division of the mcgraw-hill companies inc . all rights reserved . copyright a9 2014 dow jones & co . all rights reserved . apple inc . | 2014 form 10-k | 23 * $ 100 invested on 9/25/09 in stock or index , including reinvestment of dividends . data points are the last day of each fiscal year for the company 2019s common stock and september 30th for indexes . september september september september september september .

Table:
 | september 2009 | september 2010 | september 2011 | september 2012 | september 2013 | september 2014
apple inc . | $ 100 | $ 160 | $ 222 | $ 367 | $ 272 | $ 407
s&p 500 index | $ 100 | $ 110 | $ 111 | $ 145 | $ 173 | $ 207
dow jones u.s . technology supersector index | $ 100 | $ 112 | $ 115 | $ 150 | $ 158 | $ 205
s&p information technology index | $ 100 | $ 111 | $ 115 | $ 152 | $ 163 | $ 210
.

Question: what was the percentage of cumulative total shareholder return for the five year period ended september 2014 for apple inc.?
Answer: 307%
Calculation: subtract(407, 100), divide(#0, 100)
Note 18. Income Taxes
The Tax Cuts and Jobs Act, or the Tax Act, was signed into law on December 22, 2017. This legislation made significant changes in U.S. tax law, including a reduction in the corporate tax rate, changes to net operating loss carryforwards and carrybacks and a repeal of the corporate alternative minimum tax. The legislation reduced the U.S. corporate income tax rate from 35% to 21%. As a result of the enacted Tax Act, we were required to revalue deferred tax assets and liabilities at the rate in effect when the deferred tax balances are scheduled to reverse. This revaluation resulted in an additional $8.8 million of income tax expense and a corresponding reduction in the deferred tax asset which was recorded during the year ended December 31, 2017.
Additionally, on December 22, 2017, the Securities and Exchange Commission staff issued Staff Accounting Bulletin No. 118, or SAB 118, to address the application of GAAP in situations when a registrant does not have the necessary information available, prepared, or analyzed in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. Specifically, SAB 118 provides a measurement period for companies to evaluate the impacts of the Tax Act on their financial statements. We completed the accounting for the tax effects of the Tax Act during the three months ended September 30, 2018 and decreased our provisional estimate from $8.8 million to $8.7 million.
The components of our income tax expense are as follows (in thousands):
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Current |  |  | 
Federal | $1,615 | $741 | $584
State | 900 | 653 | (88)
Foreign | 452 | 263 | 6
Total Current | 2,967 | 1,657 | 502
Deferred |  |  | 
Federal | 2,622 | (8,821) | 3,837
State | (23) | (2,643) | (1,368)
Foreign | — | (18) | 19
Total Deferred | 2,599 | (11,482) | 2,488
Total | $5,566 | $ (9,825) | $2,990


Question: What was the change in current State income tax expense between 2018 and 2019?
Answer: 247
Calculation: 900-653
Note 15. Stock-Based Compensation
Stock-based compensation expense is included in the following line items in the consolidated statements of operations (in thousands):
Table:
 |  | Year Ended December 31, | 
Stock-based compensation expense data: | 2019 | 2018 | 2017
Sales and marketing | $2,075 | $1,196 | $561
General and administrative | 6,474 | 4,901 | 2,638
Research and development | 12,054 | 7,332 | 4,214
Total stock-based compensation expense | $20,603 | $13,429 | $7,413


Question: What was the percentage change in the Total stock-based compensation expense between 2017 and 2018?
Answer: 81.15
Calculation: (13,429-7,413)/7,413
Employee Stock Purchase Plan
The maximum aggregate number of shares that are available for issuance under the 2011 Employee Stock Purchase Plan (the “ESPP”) is 12,000,000.
Employees are eligible to participate in the ESPP after 90 days of employment with the Company. The ESPP permits eligible employees to purchase common stock through payroll deductions, which may not exceed 10% of an employee’s compensation, as defined in the ESPP, at a price equal to 85% of the fair value of the common stock at the beginning or end of the offering period, whichever is lower. The ESPP is intended to qualify under Section 423 of the Internal Revenue Code. As of August 31, 2019, 3,397,019 shares remained available for issue under the 2011 ESPP.
The fair value of shares issued under the ESPP was estimated on the commencement date of each offering period using the Black-Scholes option pricing model. The following weighted-average assumptions were used in the model for each respective period:
(1) The expected volatility was estimated using the historical volatility derived from the Company’s common stock.
Table:
 | Fiscal Year Ended August 31, |  | 
 | 2019 | 2018 | 2017
Expected dividend yield | 0.6% | 0.6% | 0.8%
Risk-free interest rate | 2.3% | 1.4% | 0.5%
Expected volatility(1) | 28.6% | 23.0% | 33.0%
Expected life | 0.5 years | 0.5 years | 0.5 years


Question: What was the maximum aggregate number of shares that are available for issuance under the 2011 Employee Stock Purchase Plan?
Answer: 12,000,000
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts) Private Brands Operations
On February 1, 2016, pursuant to the Stock Purchase Agreement, dated as of November 1, 2015, we completed the disposition of our Private Brands operations to TreeHouse Foods, Inc. ("TreeHouse").
The summary comparative financial results of the Private Brands business, included within discontinued operations, were as follows:
We entered into a transition services agreement with TreeHouse and recognized $2.2 million and $16.9 million of income for the performance of services during fiscal 2018 and 2017, respectively, classified within SG&A expenses.
Table:
 | 2019 | 2018 | 2017
Loss on sale of business | $— | $— | $(1.6)
Income from discontinued operations before income taxes and equity method investment earnings | 0.9 | 0.4 | 3.9
Income before income taxes and equity method investment earnings . | 0.9 | 0.4 | 2.3
Income tax expense (benefit) . | — | 0.5 | (0.3)
Income (loss) from discontinued operations, net of tax | $0.9 | $(0.1) | $2.6


Question: What is the proportion of income tax benefit over income from discontinued operations during the fiscal year 2017?
Answer: 0.12
Calculation: 0.3/2.6
The components of the provision for income taxes attributable to continuing operations are as follows (in thousands):
On a consolidated basis, the Company has incurred operating losses and has recorded a full valuation allowance against its US, UK, New Zealand, Hong Kong, and Brazil deferred tax assets for all periods to date and, accordingly, has not recorded a provision (benefit) for income taxes for any of the periods presented other than a provision (benefit) for certain foreign and state income taxes. Certain foreign subsidiaries and branches of the Company provide intercompany services and are compensated on a cost-plus basis, and therefore, have incurred liabilities for foreign income taxes in their respective jurisdictions.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Current income tax provision: |  |  | 
Federal | $— | $— | $—
State | 225 | 204 | 114
Foreign | 2,467 | 2,514 | 1,580
Total current income tax provision | 2,692 | 2,718 | 1,694
Deferred income tax benefit: |  |  | 
Federal | $— | — | $—
State | — | — | —
Foreign | (2) | (123) | 52
Total deferred income tax benefit | (2) | (123) | 52
Total income tax provision | $2,690 | $2,595 | $1,746


Question: What is the percentage change in state income tax provision between 2017 and 2018?
Answer: 78.95
Calculation: (204-114)/114
GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
17. General and Administrative Expenses
An analysis of general and administrative expenses is as follows:
* Employee costs include restructuring costs of $3,975 pursuant to management’s decision to relocate more of its employees including several members of senior management to the Piraeus, Greece office.
Table:
 |  | For the year ended December 31, | 
 | 2017 | 2018 | 2019
Employee costs* | 18,789 | 20,980 | 24,863
Share-based compensation (Note 22) | 4,565 | 5,216 | 5,107
Other expenses | 16,496 | 15,797 | 17,415
Total | 39,850 | 41,993 | 47,385


Question: Where does the management intend to relocate its employees?
Answer: Piraeus, Greece office