hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
H. Net Income Per Share
Basic net income per share is computed by dividing net income by the weighted-average number of common stock outstanding during the period. Diluted net income per share is computed by dividing net income by the weighted-average number of common stock outstanding and potentially dilutive securities outstanding during the period, as calculated using the treasury stock method. Potentially dilutive securities primarily include unvested restricted stock units (“RSUs”), including PSU awards, and stock options, including purchase options under VMware’s employee stock purchase plan, which included Pivotal’s employee stock purchase plan through the date of acquisition. Securities are excluded from the computation of diluted net income per share if their effect would be anti-dilutive. VMware uses the two-class method to calculate net income per share as both classes share the same rights in dividends; therefore, basic and diluted earnings per share are the same for both classes.
The following table sets forth the weighted-average common share equivalents of Class A common stock that were excluded from the diluted net income per share calculations during the periods presented because their effect would have been anti-dilutive (shares in thousands):
Table:
 | For the Year Ended |  | 
 | January 31, 2020 | February 1, 2019 | February 2, 2018
Anti-dilutive securities: |  |  | 
Employee stock options | 34 | 50 | 51
Restricted stock units | 315 | 255 | 140
Total | 349 | 305 | 191


Question: How many years did Restricted stock units exceed $200 thousand?
Answer: 2
Calculation: 2020##2019
Summary of Consolidated Cash Flows
The below table summarizes the cash provided or used in our activities and the amount of the respective changes between the periods (in millions):
Operating Activities Cash provided by operating activities was $110.5 million for the year ended December 31, 2019 as compared to cash provided by operating activities of $341.4 million for the year ended December 31, 2018. The $230.9 million decrease was the result of the recapture of reinsurance treaties by our Insurance segment in 2018 and was offset in part by improved performance of the Insurance segment subsequent to the KIC acquisition, significant reduction of losses at the Broadcasting segment driven by the cost cutting measures, and an increase in the working capital at our Telecommunications segments.
Investing Activities Cash used in investing activities was $263.7 million for the year ended December 31, 2019 as compared to cash used in investing activities of $224.6 million for the year ended December 31, 2018. The $39.1 million increase in cash used was a result of (i) an increase in net cash spent at our Insurance segment driven by purchases of investments from the residual cash received from the KIC acquisition and reinsurance recaptures in 2018, (ii) a decrease in cash proceeds received at our Life Sciences segment, from the 2018 upfront payment and 2019 escrow release related to the sale of BeneVir in the prior period, and (iii) an increase in cash used at our Energy segment to acquire ampCNG stations in 2019. These decreases were largely offset by a reduction in cash used by our Construction segment, driven by the acquisition of GrayWolf in 2018, and a reduction in cash used by our Broadcasting segment as less cash was used on its acquisitions in the current year compared to 2018.
This was largely offset by a reduction in net cash used by the Insurance segment's purchases of investments, as in the prior period the Insurance segment purchased investments from the cash received from the acquisition of KIC.
Financing Activities Cash provided by financing activities was $62.4 million for the year ended December 31, 2019 as compared to $115.2 million for the year ended December 31, 2018. The $52.8 million decrease was a result of a decrease in net borrowings by the Construction and Broadcasting segments, and offset in part by the increase in net borrowings by the Energy segment and Corporate segment, and a decline in cash paid to noncontrolling interest holders driven by the proceeds from our Life Sciences segment's sale of BeneVir in 2018.
Table:
Years Ended December 31, |  |  | 
 | 2019 | 2018 | Increase / (Decrease)
Operating activities | $110.5 | $341.4 | $(230.9)
Investing activities | (263.7) | (224.6) | (39.1)
Financing activities | 62.4 | 115.2 | (52.8)
Effect of exchange rate changes on cash and cash equivalents | 1.0 | (0.5) | 1.5
Net decrease in cash,cash equivalents and restricted cash | $(89.8) | $231.5 | $(321.3)


Question: What is the percentage increase / (decrease) in the operating activities from 2018 to 2019?
Answer: -67.63
Calculation: 110.5 / 341.4 - 1
General and Administrative Expenses: General and administrative expenses primarily consist of personnel related expenditures for IT, finance, legal and human resources support functions; and professional services fees.
(1) Excluding stock-based compensation
Excluding the effects of currency rate fluctuations, total general and administrative expenses increased in fiscal 2019 compared to fiscal 2018 primarily due to increased professional services fees
Table:
Year Ended May 31, |  |  |  | 
 |  |  | Percent Change | 
(Dollars in millions) | 2019 | Actual | Constant | 2018
General and administrative (1) | $1,093 | -1% | 2% | $1,102
Stock-based compensation | 172 | -5% | -5% | 180
Total expenses | $1,265 | -1% | 1% | $1,282
% of Total Revenues | 3% |  |  | 3%


Question: Why did total general and administrative expenses increase in fiscal 2019 relative to fiscal 2018?
Answer: Excluding the effects of currency rate fluctuations, total general and administrative expenses increased in fiscal 2019 compared to fiscal 2018 primarily due to increased professional services fees
Principal Accountant Fees and Services
We regularly review the services and fees from our independent registered public accounting firm, KPMG. These services and fees are also reviewed with the Audit Committee annually. In accordance with standard policy, KPMG periodically rotates the individuals who are responsible for our audit. Our Audit Committee has determined that the providing of certain non-audit services, as described below, is compatible with maintaining the independence of KPMG.
In addition to performing the audit of our consolidated financial statements, KPMG provided various other services during fiscal years 2019 and 2018. Our Audit Committee has determined that KPMG’s provisioning of these services, which are described below, does not impair KPMG’s independence from NortonLifeLock. The aggregate fees billed for fiscal years 2019 and 2018 for each of the following categories of services are as follows:
The categories in the above table have the definitions assigned under Item 9 of Schedule 14A promulgated under the Exchange Act, and these categories include in particular the following components:
(1) ‘‘Audit fees’’ include fees for audit services principally related to the year-end examination and the quarterly reviews of our consolidated financial statements, consultation on matters that arise during a review or audit, review of SEC filings, audit services performed in connection with our acquisitions and divestitures and statutory audit fees.
(2) ‘‘Audit related fees’’ include fees which are for assurance and related services other than those included in Audit fees.
(3) ‘‘Tax fees’’ include fees for tax compliance and advice.
(4) ‘‘All other fees’’ include fees for all other non-audit services, principally for services in relation to certain information technology audits.
An accounting firm other than KPMG performs supplemental internal audit services for NortonLifeLock. Another accounting firm provides the majority of NortonLifeLock’s outside tax services..
Table:
Fees Billed to NortonLifeLock | FY19 | FY18
Audit fees(1) | $12,464,329 | $11,370,525
Audit related fees(2) | 1,142,383 | 753,689
Tax fees(3) | 161,685 | 469,449
All other fees(4) | 0 | 311,000
Total fees | $13,768,398 | $12,904,663


Question: What is the public accounting firm that the company engages?
Answer: KPMG
entergy new orleans , inc . management's financial discussion and analysis 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) .

Table:
 | amount ( in millions )
2006 net revenue | $ 192.2
fuel recovery | 42.6
volume/weather | 25.6
rider revenue | 8.5
net wholesale revenue | -41.2 ( 41.2 )
other | 3.3
2007 net revenue | $ 231.0
the fuel recovery variance is due to the inclusion of grand gulf costs in fuel recoveries effective july 1 , 2006 .
in june 2006 , the city council approved the recovery of grand gulf costs through the fuel adjustment clause , without a corresponding change in base rates ( a significant portion of grand gulf costs was previously recovered through base rates ) .
the volume/weather variance is due to an increase in electricity usage in the service territory in 2007 compared to the same period in 2006 .
the first quarter 2006 was affected by customer losses following hurricane katrina .
entergy new orleans estimates that approximately 132000 electric customers and 86000 gas customers have returned and are taking service as of december 31 , 2007 , compared to approximately 95000 electric customers and 65000 gas customers as of december 31 , 2006 .
billed retail electricity usage increased a total of 540 gwh compared to the same period in 2006 , an increase of 14% ( 14 % ) .
the rider revenue variance is due primarily to a storm reserve rider effective march 2007 as a result of the city council's approval of a settlement agreement in october 2006 .
the approved storm reserve has been set to collect $ 75 million over a ten-year period through the rider and the funds will be held in a restricted escrow account .
the settlement agreement is discussed in note 2 to the financial statements .
the net wholesale revenue variance is due to more energy available for resale in 2006 due to the decrease in retail usage caused by customer losses following hurricane katrina .
in addition , 2006 revenue includes the sales into the wholesale market of entergy new orleans' share of the output of grand gulf , pursuant to city council approval of measures proposed by entergy new orleans to address the reduction in entergy new orleans' retail customer usage caused by hurricane katrina and to provide revenue support for the costs of entergy new orleans' share of grand other income statement variances 2008 compared to 2007 other operation and maintenance expenses decreased primarily due to : a provision for storm-related bad debts of $ 11 million recorded in 2007 ; a decrease of $ 6.2 million in legal and professional fees ; a decrease of $ 3.4 million in employee benefit expenses ; and a decrease of $ 1.9 million in gas operations spending due to higher labor and material costs for reliability work in 2007. .

Question: what is the percent change in electric customers between 2006 and 2007?
Answer: 38.9%
Calculation: subtract(132000, 95000), divide(#0, 95000)
Accrued expenses consisted of the following (in thousands):
Contract liabilities represent amounts that are collected in advance of the satisfaction of performance obligations under the new revenue recognition standard. See Recently Adopted Accounting Standards in Note 2 and Contract Liabilities in Note 6.
Table:
 | December 31, | December 31,
 | 2019 | 2018
Accrued payroll and related taxes | $3,985 | $3,800
Accrued federal, state, and local taxes | 2,635 | 1,827
Accrued bonus | 20,206 | 10,766
Self-insurance reserves | 2,238 | —
Employee stock purchase plan contributions | 4,716 | 6,473
Accrued sales commissions | 5,397 | 6,889
Accrued partner commissions | 7,043 | 5,535
Contract liabilities | 5,197 | —
Accrued purchase price related to acquisitions | 2,763 | —
Other | 7,924 | 6,811
Total | $62,104 | $42,101


Question: What is the total accrued bonus in 2018 and 2019?
Answer: 30972
Calculation: 10,766 + 20,206
Operating income in 2019 was $1,203 million, decreasing by $197 million compared to 2018, reflecting normal price pressure, increased unsaturation charges and higher R&D spending, partially offset by higher level of grants and favorable currency effects, net of hedging.
Operating income in 2018 was $1,400 million, improved by $395 million compared to 2017, reflecting higher volumes, improved manufacturing efficiencies and product mix and lower restructuring charges, partially offset by unfavorable currency effects, net of hedging, normal price pressure and higher operating expenses.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (In millions) | 
Operating income | $1,203 | $1,400 | $1,005
As percentage of net revenues | 12.6% | 14.5% | 12.0%


Question: What is the average Operating income?
Answer: 1202.67
Calculation: (1,203+1,400+1,005) / 3
18. Trade and other receivables
Following the application of IFRS 16, trade and other receivables have been restated (note 2).
Trade receivables are amounts due from customers for services performed in the ordinary course of business. They are generally due for settlement within 30 days and therefore are all classified as current. Trade receivables are recognised initially at the amount of consideration that is unconditional and has been invoiced at the reporting date. The Group holds the trade receivables with the objective to collect the contractual cash flows and therefore measures them subsequently at amortised cost using the effective interest method.
Accrued income relates to the Group’s rights to consideration for services provided but not invoiced at the reporting date. Accrued income is transferred to receivables when invoiced. Other receivables include £0.1m due from Auto Trader Auto Stock Limited, a related party (note 34).
Exposure credit risk and expected credit losses relating to trade and other receivables are disclosed in note 31.
Table:
 | 2019 | (Restated) 2018
 | £m | £m
Trade receivables | 27.0 | 28.8
Less: provision for impairment of trade receivables | (2.1) | (3.4)
Net trade receivables | 24.9 | 25.4
Accrued income | 28.0 | 26.7
Prepayments | 2.9 | 2.7
Other receivables | 0.3 | 0.1
Total | 56.1 | 54.9


Question: What was the change in Prepayments in 2019 from 2018?
Answer: 0.2
Calculation: 2.9-2.7
Note 7. Prepaid Expenses and Other Current Assets and Accrued and Other Current Liabilities
Prepaid expenses and other current assets as of December 31, 2019 and 2018 consisted of the following:
Table:
December 31, |  | 
 | 2019 | 2018
Prepaid expenses | $1,948 | $1,179
Securities litigation insurance receivable | 16,627 | 306
Other current assets | 1,556 | 2,865
Prepaid expenses and other current assets | $20,131 | $4,350


Question: What is the percentage change in prepaid expenses between 2018 and 2019?
Answer: 65.22
Calculation: (1,948 - 1,179)/1,179
(1) Includes construction costs capitalized related to build-to-suit facilities:
As of March 31, 2019 and 2018, the U.S. build-to-suit facility includes company-funded building improvements of $5.2 million and $4.5 million, respectively. In March 2019, the Company derecognized the U.K. build-to-suit facility upon substantial completion of construction. See Note 12 for further details.
Table:
 | As of March 31, | 
 | 2019 | 2018
U.S. build-to-suit facility | $47,001 | $43,925
U.K. build-to-suit facility | — | 31,240
Less: Accumulated depreciation | (5,164) | (753)
 | $41,837 | $74,412


Question: What is the average U.S. build-to-suit facility for March 31, 2018 to March 31, 2019?
Answer: 45463
Calculation: (47,001+43,925) / 2
for intangible assets subject to amortization , the estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows : 2009 - $ 41.1 million , 2010 - $ 27.3 million , 2011 - $ 20.9 million , 2012 - $ 17.0 million , and 2013 - $ 12.0 million . fees and expenses related to the merger totaled $ 102.6 million , principally consisting of investment banking fees , legal fees and stock compensation ( $ 39.4 million as further discussed in note 10 ) , and are reflected in the 2007 results of operations . capitalized debt issuance costs as of the merger date of $ 87.4 million for merger-related financing were reflected in other long- term assets in the consolidated balance sheet . the following represents the unaudited pro forma results of the company 2019s consolidated operations as if the merger had occurred on february 3 , 2007 and february 4 , 2006 , respectively , after giving effect to certain adjustments , including the depreciation and amortization of the assets acquired based on their estimated fair values and changes in interest expense resulting from changes in consolidated debt ( in thousands ) : ( in thousands ) year ended february 1 , year ended february 2 .

Table:
( in thousands ) | year endedfebruary 12008 | year endedfebruary 22007
revenue | $ 9495246 | $ 9169822
net loss | -57939 ( 57939 ) | ( 156188 )
the pro forma information does not purport to be indicative of what the company 2019s results of operations would have been if the acquisition had in fact occurred at the beginning of the periods presented , and is not intended to be a projection of the company 2019s future results of operations .
subsequent to the announcement of the merger agreement , the company and its directors , along with other parties , were named in seven putative class actions filed in tennessee state courts alleging claims for breach of fiduciary duty arising out of the proposed merger , all as described more fully under 201clegal proceedings 201d in note 8 below .
3 .
strategic initiatives during 2006 , the company began implementing certain strategic initiatives related to its historical inventory management and real estate strategies , as more fully described below .
inventory management in november 2006 , the company undertook an initiative to discontinue its historical inventory packaway model for virtually all merchandise by the end of fiscal 2007 .
under the packaway model , certain unsold inventory items ( primarily seasonal merchandise ) were stored on-site and returned to the sales floor until the items were eventually sold , damaged or discarded .
through end-of-season and other markdowns , this initiative resulted in the elimination of seasonal , home products and basic clothing packaway merchandise to allow for increased levels of newer , current-season merchandise .
in connection with this strategic change , in the third quarter of 2006 the company recorded a reserve for lower of cost or market inventory .

Question: what is the growth rate of revenue from 2007 to 2008?
Answer: 3.5%
Calculation: subtract(9495246, 9169822), divide(#0, 9169822)
A reconciliation of income tax expense provided at the federal statutory rate (21% in fiscal year 2019, 28.27% in fiscal year 2018, and 35% in fiscal year 2017) to actual income tax expense is as follows:
In July 2015, the U.S. Tax Court issued an opinion favorable to Altera with respect to Altera’s litigation with the IRS. The litigation related to the treatment of stock-based compensation expense in an intercompany cost-sharing arrangement with Altera’s foreign subsidiary. In its opinion, the U.S. Tax Court accepted Altera’s position of excluding stock-based compensation from its intercompany cost-sharing arrangement. In June 2019, the Ninth Circuit, through a three-judge panel, reversed the 2015 decision of the U.S. Tax Court. Altera has petitioned the Ninth Circuit for an en banc rehearing of a larger panel of eleven Ninth Circuit judges. The Company will continue to monitor and evaluate the potential impact of this litigation on its fiscal year 2020 Consolidated Financial Statements. The estimated potential impact is in the range of $75 million, which may result in a decrease in deferred tax assets and an increase in tax expense.
Effective from fiscal year 2014 through 2017, the Company had a tax ruling in Switzerland for one of its foreign subsidiaries. The impact of the tax ruling decreased taxes by approximately $6.3 million for fiscal year 2017. The benefit of the tax ruling on diluted earnings per share was approximately $0.03 in fiscal year 2017. Effective fiscal year 2018, the Company has withdrawn its reduced tax rate ruling in Switzerland for this subsidiary due to the ruling being no longer necessary as the subsidiary meets the requirements to achieve the reduced tax rate under Swiss tax law.
Earnings of the Company’s foreign subsidiaries included in consolidated retained earnings that are indefinitely reinvested in foreign operations aggregated to approximately $458.4 million at June 30, 2019. If these earnings were remitted to the United States, they would be subject to foreign withholding taxes of approximately $73.1 million at current statutory rates.
Table:
 |  | Year Ended | 
 | June 30, 2019 | June 24, 2018 | June 25, 2017
 |  | (in thousands) | 
Income tax expense computed at federal statutory rate | $513,780 | $891,011 | $634,086
State income taxes, net of federal tax benefit | (17,565) | (50,585) | (11,973)
Foreign income taxed at different rates | (260,344) | (939,808) | (352,860)
Settlements and reductions in uncertain tax positions | (31,291) | (33,367) | (144,519)
Tax credits | (71,779) | (69,301) | (37,713)
State valuation allowance, net of federal tax benefit | 26,742 | 57,302 | 12,070
Equity-based compensation | (7,566) | (35,875) | 13,187
Other permanent differences and miscellaneous items | 39,251 | 43,214 | 1,632
U.S. tax reform impacts | 63,913 | 908,517 | —
 | $255,141 | $771,108 | $113,910


Question: What is the percentage change in the Other permanent differences and miscellaneous items from 2018 to 2019?
Answer: -9.17
Calculation: (39,251-43,214)/43,214
NOTE 13 – INCOME TAX
The domestic and foreign components of loss before income taxes from operations for the years ended December 31, 2019, 2018 and 2017 are as follows:
Table:
 |  | For the Years Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Domestic | $(22,708) | $29,110 | $17,120
Foreign | — | (320) | (469)
 | $(22,708) | $28,790 | $16,651


Question: What is the average income before tax in 2017 and 2018?
Answer: 22720.5
Calculation: (16,651 + 28,790)/2
Fiscal 2017 acquisitions
On August 1, 2016, we acquired all of the outstanding common stock of Blue Coat, Inc. (Blue Coat), a provider of advanced web security solutions for global enterprises and governments. The addition of Blue Coat’s suite of network and cloud security products to our innovative Enterprise Security product portfolio has enhanced our threat protection and information protection products while providing us with complementary products, such as advanced web and cloud security solutions, that address the network and cloud security needs of enterprises.
On February 9, 2017, we completed the acquisition of LifeLock, Inc. (LifeLock) a provider of proactive identity theft protection services for consumers and consumer risk management services for enterprises. LifeLock’s services are provided on a monthly or annual subscription basis and provide identification and notification of identity-related and other events and assist users in remediating their impact.
The total consideration for the acquisitions, net of cash acquired, consisted of the following:
Table:
(In millions) | Blue Coat | LifeLock | Total
Goodwill | $4,084 | $1,397 | $5,481
Intangible assets | 1,608 | 1,247 | 2,855
Net liabilities assumed | (1,019) | (361) | (1,380)
Total purchase price | $4,673 | $2,283 | $6,956


Question: What is the Goodwill for LifeLock expressed as a percentage of Total purchase price?
Answer: 61.19
Calculation: 1,397/2,283