hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
(1) Included in other long-term assets.
For certain other financial instruments, including accounts receivable, unbilled receivables, and accounts payable, the carrying value approximates fair value due to the relatively short maturity of these items.
Table:
 |  | December 31, 2018 |  | 
(in thousands) | Level 1 | Level 2 | Level 3 | Total
Cash equivalents | $10,155 | $10,000 | - | $20,155
Marketable securities: |  |  |  | 
Municipal bonds | $— | $44,705 | — | $44,705
Corporate bonds | — | $48,296 | — | $48,296
Total marketable securities | $— | $93,001 | — | $93,001
Investments in privately-held companies (1) | $— | — | $3,390 | $3,390


Question: What are the respective Level 1 and Level 2 cash equivalents as at December 31, 2018?
Answer: $10,155, $10,000
Consolidated Statements of Earnings and Comprehensive Earnings
A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions):
(1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party.
Table:
 |  | Year ended December 31, | 
 | 2019(1) | 2018 | 2017
Data entry, indexing services and other operating expenses | $8.8 | $8.2 | $5.1
Corporate services | 3.8 | 4.9 | 9.2
Technology and corporate services | (0.1) | (1.0) | (1.7)
Total related party expenses, net | $12.5 | $12.1 | $12.6


Question: What was the change in Total related party expenses, net between 2018 and 2019?
Answer: 0.4
Calculation: 12.5-12.1
Results of Operations
(2) Operating expenses include stock-based compensation expense as follows (in thousands):
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Stock-based compensation expense data: |  |  | 
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 years does the table provide information for total stock-based compensation expense?
Answer: 2019, 2018, 2017
Deferred income taxes are recorded for differences in the basis of assets and liabilities for financial reporting purposes and tax reporting purposes. Deferred tax assets (liabilities) were comprised of the following:
At January 3, 2020, the Company had state net operating losses of $77 million and state tax credits of $7 million. Both will begin to expire in fiscal 2020; however, the Company expects to utilize $24 million and $7 million of these state net operating losses and state tax credits, respectively. The Company also had foreign net operating losses of $44 million, which do not expire. The Company expects to utilize $9 million of these foreign net operating losses.
Our valuation allowance for deferred tax assets was $20 million and $28 million as of January 3, 2020 and December 28, 2018, respectively. The valuation allowance decreased by $8 million primarily due to the sale of the commercial cybersecurity business and releases related to the expected utilization of certain carryover attributes, partially offset by an increase related to foreign withholding taxes.
Table:
 | January 3, 2020 | December 28, 2018
 | (in millions) | 
Operating lease liabilities | $115 | $—
Accrued vacation and bonuses | 54 | 48
Reserves | 46 | 57
Deferred compensation | 26 | 25
Credits and net operating losses carryovers | 25 | 31
Vesting stock awards | 18 | 20
Accumulated other comprehensive loss | 12 | —
Deferred rent and tenant allowances | 4 | 18
Investments | 2 | 18
Deferred gain | — | 20
Other | 9 | 13
Total deferred tax assets | 311 | 250
Valuation allowance | (20) | (28)
Deferred tax assets, net of valuation allowance | 291 | 222
Purchased intangible assets | $(339) | $(326)
Operating lease right-of-use assets | (103) | —
Deferred revenue | (17) | (40)
Employee benefit contributions | (6) | (4)
Accumulated other comprehensive income | — | (6)
Partnership interest | — | (2)
Other | (10) | (14)
Total deferred tax liabilities | (475) | (392)
Net deferred tax liabilities | $(184) | $(170)


Question: What is the change in the Accrued vacation and bonuses from 2018 to 2020?
Answer: 6
Calculation: 54 - 48
5. Income taxes:
On December 22, 2017, the President of the United States signed into law the Tax Cuts and Jobs Act (the "TCJA"). The TCJA amended the Internal Revenue Code and reduced the corporate tax rate from a maximum of 35% to a flat 21% rate. The rate reduction was effective on January 1, 2018. The Company's net deferred tax assets represent a decrease in corporate taxes expected to be paid in the future. Under generally accepted accounting principles deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company's net deferred tax asset was determined based on the current enacted federal tax rate of 35% prior to the passage of the Act. As a result of the reduction in the corporate income tax rate from 35% to 21% and other provisions under the TCJA, the Company made reasonable estimates of the effects of the TCJA and revalued its net deferred tax asset at December 31, 2017 resulting in a reduction in the value of its net deferred tax asset of approximately $9.0 million and recorded a transition tax of $2.3 million related to its foreign operations for a total of $11.3 million, which was recorded as additional noncash income tax expense in the year ended December 31, 2017. As of December 31, 2018, the Company had collected all of the necessary data to complete its analysis of the effect of the TCJA on its underlying deferred income taxes and recorded a $0.1 million reduction in the value to its net deferred tax asset. The TCJA subjects a U.S. shareholder to current tax on global intangible low-taxed income earned by certain foreign subsidiaries. FASB Staff Q&A, Topic 740, No. 5, "Accounting for Global Intangible Low-Taxed Income", states that the Company is permitted to make an accounting policy election to either recognize deferred income taxes for temporary basis differences expected to reverse as global intangible low-taxed income in future years or provide for the income tax expense related to such income in the year the income tax is incurred. The Company has made an accounting policy to record these income taxes as a period cost in the year the income tax in incurred.
The components of income (loss) before income taxes consist of the following (in thousands):
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Domestic | $72,773 | $63,878 | $52,250
Foreign | (20,099) | (22,496) | (21,132)
Total income before income taxes | $52,674 | $41,382 | $31,118


Question: What are the respective foreign losses before income taxes in 2017 and 2018?
Answer: 21,132, 22,496
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2011 in the standard & poor 2019s 500 index , the dow jones transportation average and our class b common stock. .

Table:
 | 12/31/2011 | 12/31/2012 | 12/31/2013 | 12/31/2014 | 12/31/2015 | 12/31/2016
united parcel service inc . | $ 100.00 | $ 103.84 | $ 152.16 | $ 165.35 | $ 154.61 | $ 189.72
standard & poor 2019s 500 index | $ 100.00 | $ 115.99 | $ 153.54 | $ 174.54 | $ 176.94 | $ 198.09
dow jones transportation average | $ 100.00 | $ 107.49 | $ 151.97 | $ 190.07 | $ 158.22 | $ 192.80
.

Question: for the five year period ending 12/31/2016 what was the difference in total performance between united parcel service inc . and the dow jones transportation average?
Answer: -3.08%
Calculation: subtract(189.72, const_100), subtract(192.80, const_100), divide(#0, const_100), subtract(#1, const_100), subtract(#0, #1)
Item 5. Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities.
Our common shares, without par value, are traded on the NASDAQ Stock Market LLC under the symbol “AGYS”. The high and low sales prices for the common shares for each quarter during the past two fiscal years are presented in the table below.
The closing price of the common shares on May 21, 2019, was $22.51 per share. There were 1,561 active shareholders of record.
We did not pay dividends in fiscal 2019 or 2018 and are unlikely to do so in the foreseeable future. The current policy of the Board of Directors is to retain any available earnings for use in the operations of our business.
Table:
2019 | High | Low
Fourth quarter | $21.17 | $13.92
Third quarter | $17.02 | $13.88
Second quarter | $16.72 | $14.72
First quarter | $15.55 | $11.78
2018 | High | Low
Fourth quarter | $13.00 | $10.77
Third quarter | $12.98 | $11.30
Second quarter | $12.14 | $9.80
First quarter | $10.30 | $9.08


Question: What was the increase / (decrease) in the 2019 second quarter between low and high?
Answer: 2
Calculation: 16.72 - 14.72
the aes corporation notes to consolidated financial statements 2014 ( continued ) december 31 , 2010 , 2009 , and 2008 ( 3 ) multilateral loans include loans funded and guaranteed by bilaterals , multilaterals , development banks and other similar institutions . ( 4 ) non-recourse debt of $ 708 million as of december 31 , 2009 was excluded from non-recourse debt and included in current and long-term liabilities of held for sale and discontinued businesses in the accompanying consolidated balance sheets . non-recourse debt as of december 31 , 2010 is scheduled to reach maturity as set forth in the table below : december 31 , annual maturities ( in millions ) .

Table:
december 31, | annual maturities ( in millions )
2011 | $ 2577
2012 | 657
2013 | 953
2014 | 1839
2015 | 1138
thereafter | 7957
total non-recourse debt | $ 15121
as of december 31 , 2010 , aes subsidiaries with facilities under construction had a total of approximately $ 432 million of committed but unused credit facilities available to fund construction and other related costs .
excluding these facilities under construction , aes subsidiaries had approximately $ 893 million in a number of available but unused committed revolving credit lines to support their working capital , debt service reserves and other business needs .
these credit lines can be used in one or more of the following ways : solely for borrowings ; solely for letters of credit ; or a combination of these uses .
the weighted average interest rate on borrowings from these facilities was 3.24% ( 3.24 % ) at december 31 , 2010 .
non-recourse debt covenants , restrictions and defaults the terms of the company 2019s non-recourse debt include certain financial and non-financial covenants .
these covenants are limited to subsidiary activity and vary among the subsidiaries .
these covenants may include but are not limited to maintenance of certain reserves , minimum levels of working capital and limitations on incurring additional indebtedness .
compliance with certain covenants may not be objectively determinable .
as of december 31 , 2010 and 2009 , approximately $ 803 million and $ 653 million , respectively , of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements , and these amounts were included within 201crestricted cash 201d and 201cdebt service reserves and other deposits 201d in the accompanying consolidated balance sheets .
various lender and governmental provisions restrict the ability of certain of the company 2019s subsidiaries to transfer their net assets to the parent company .
such restricted net assets of subsidiaries amounted to approximately $ 5.4 billion at december 31 , 2010. .

Question: what percentage of total non-recourse debt as of december 31 , 2010 is due in 2012?
Answer: 4%
Calculation: divide(657, 15121)
(9) Property, Plant and Equipment
Net property, plant and equipment is composed of the following:
(1) Fiber, conduit and other outside plant consists of fiber and metallic cable, conduit, poles and other supporting structures.
2) Central office and other network electronics consists of circuit and packet switches, routers, transmission electronics and electronics providing service to customers.
(3) Support assets consist of buildings, cable landing stations, data centers, computers and other administrative and support equipment.
(4) Construction in progress includes inventory held for construction and property of the aforementioned categories that has not been placed in service as it is still under construction.
We recorded depreciation expense of $3.1 billion, $3.3 billion and $2.7 billion for the years ended December 31, 2019, 2018 and 2017, respectively.
Table:
 | Depreciable Lives | As of December 31 | 
 |  | 2019 | 2018
 |  | (Dollars in millions) | 
Land | N/A | $867 | 871
Fiber, conduit and other outside plant(1) | 15-45 years | 24,666 | 23,936
Central office and other network electronics(2) | 3-10 years | 19,608 | 18,736
Support assets(3) | 3-30 years | 7,984 | 8,020
Construction in progress(4) | N/A | 2,300 | 1,704
Gross property, plant and equipment |  | 55,425 | 53,267
Accumulated depreciation |  | (29,346) | (26,859)
Net property, plant and equipment |  | $26,079 | 26,408


Question: In which year was the depreciation expense recorded the largest?
Answer: 2018
Calculation: 3.3>3.1>2.7
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
RESULTS OF OPERATIONS
Consolidated Performance Summary. The following table presents selected consolidated financial data for the indicated fiscal years (dollars in millions, except per share data):
*Non-GAAP metric; refer to "Return on Invested Capital ("ROIC") and Economic Return" below for more information and Exhibit 99.1 for a reconciliation.
Net sales. Fiscal 2019 net sales increased $290.9 million, or 10.1%, as compared to fiscal 2018.
Net sales are analyzed by management by geographic segment, which reflects the Company's reportable segments, and by market sector. Management measures operational performance and allocates resources on a geographic segment basis. The Company’s global business development strategy is based on our targeted market sectors.
Table:
 | 2019 | 2018
Net sales  | $3,164.4 | $2,873.5
Cost of sales  | 2,872.6 | 2,615.9
Gross profit  | 291.8 | 257.6
Gross margin  | 9.2% | 9.0%
Operating income  | 142.1 | 118.3
Operating margin  | 4.5% | 4.1%
Other expense  | 16.1 | 10.7
Income tax expense | 17.3 | 94.6
Net income  | 108.6 | 13.0
Diluted earnings per share  | $3.50 | $0.38
Return on invested capital*  | 13.1% | 16.1%
Economic return* | 4.1% | 6.6%


Question: What was the cost of sales in 2018?
Answer: 2,615.9
Our net sales by offering category for APAC for 2019 and 2018, were as follows (dollars in thousands):
Net sales in APAC decreased 4% (increased 2% excluding the effects of fluctuating foreign currency rates), or $6.7 million, in 2019 compared to 2018. In APAC, increases in hardware and services net sales year over year were offset by a decrease in software net sales during 2019 compared to 2018. The changes were the result of the following:
• Continued expansion of hardware offerings in the APAC market resulted in higher net sales in this category.
• Continued trend toward higher sales of cloud solution offerings that are recorded on a net sales recognition basis in the services net sales category resulted in declines in the software net sales category.
• Higher volume of net sales of cloud solution offerings and software referral fees that are recorded on a net sales recognition basis positively impacted services net sales. Additionally, there were contributions from Insight delivered services from increased net sales of our digital innovation solutions offering.
Table:
 | APAC |  | 
Sales Mix | 2019 | 2018 | %Change
Hardware | $34,965 | $29,496 | 19%
Software | 92,988 | 107,363 | (13%)
Services | 52,288 | 50,055 | 4%
 | $180,241 | $186,914 | (4%)


Question: What is the net sales of hardware in 2019 and 2018 respectively?
Answer: $34,965, $29,496
Expense
For the years ended December 31, 2019, 2018, and 2017, Teradyne’s net periodic postretirement benefit cost (income) was comprised of the following:
Table:
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Components of Net Periodic Postretirement Benefit |  |  | 
Cost (income): |  |  | 
Service cost | $41 | $39 | $34
Interest cost | 347 | 196 | 201
Amortization of prior service credit | (191) | (373) | (496)
Net actuarial loss | 717 | 25 | 398
Special termination benefits | — | 3,708 | 591
Total net periodic postretirement benefit cost | 914 | 3,595 | 728
Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income: |  |  | 
Prior service cost | — | — | —
Reversal of amortization items: |  |  | 
Prior service credit | 191 | 373 | 496
Total recognized in other comprehensive income | 191 | 373 | 496
Total recognized in net periodic postretirement cost and other comprehensive income | $1,105 | $3,968 | $1,224


Question: In which year was service cost the largest?
Answer: 2019
Calculation: 41>39>34
Performance-Based Restricted Stock Units
PRSU activity is summarized as follows (shares in thousands):
1 Assumes maximum achievement of the specified financial targets.
The weighted-average grant date fair value of PRSUs granted during the years ended December 31, 2019, 2018, and 2017 was $56.74, $40.53, and $41.73, respectively.
Unrecognized compensation expense related to unvested PRSUs was $16.9 million at December 31, 2019, which is expected to be recognized over a weighted-average period of 1.7 years.
Table:
 | Number of Shares | Weighted- Average Grant Date Fair Value
Unvested shares at December 31, 2018 | 1,924 | $40.81
Granted | 390 | 56.74
Forfeited | (562) | 41.29
Vested | — | —
Unvested shares at December 31, 2019 1 | 1,752 | $44.21


Question: What is the difference in weighted-average grant date fair value between granted and forfeited shares?
Answer: 15.45
Calculation: (56.74-41.29)
NOTE 19 – DERIVATIVE FINANCIAL INSTRUMENTS
Please refer to note 21 “Financial Instruments” for further information on fair value hierarchies.
Table:
USDm | 2019 | 2018
Fair value of derivatives: |  | 
Derivative financial instruments regarding freight and bunkers: |  | 
Forward freight agreements | -0.3 | 0.5
Bunker swaps | - | -1.2
Derivative financial instruments regarding interest and currency exchange rate: |  | 
Forward exchange contracts | -0.4 | -1.8
Interest rate swaps | -11.1 | 2.8
Fair value of derivatives as of 31 December | -11.8 | 0.3


Question: What are the types of derivative financial instruments regarding interest and currency exchange rate?
Answer: Forward exchange contracts, Interest rate swaps
(a) GitHub has been included in our consolidated results of operations starting on the October 25, 2018 acquisition date.
(b) Includes a $2.6 billion net income tax benefit related to intangible property transfers and a $157 million net charge related to the enactment of the Tax Cuts and Jobs Act (“TCJA”), which together increased net income and diluted earnings per share (“EPS”) by $2.4 billion and $0.31, respectively. Refer to Note 12 – Income Taxes of the Notes to Financial Statements for further discussion.
(c) Includes a $13.7 billion net charge related to the enactment of the TCJA, which decreased net income and diluted EPS by $13.7 billion and $1.75, respectively. Refer to Note 12 – Income Taxes of the Notes to Financial Statements for further discussion.
(d) Reflects the impact of the adoption of new accounting standards in fiscal year 2018 related to revenue recognition and leases.
(e) LinkedIn has been included in our consolidated results of operations starting on the December 8, 2016 acquisition date.
(f) Includes $306 million of employee severance expenses primarily related to our sales and marketing restructuring plan, which decreased operating income, net income, and diluted EPS by $306 million, $243 million, and $0.04, respectively.
(g) Includes $630 million of asset impairment charges related to our Phone business and $480 million of restructuring charges associated with our Phone business restructuring plans, which together decreased operating income, net income, and diluted EPS by $1.1 billion, $895 million, and $0.11, respectively.
(h) Includes $7.5 billion of goodwill and asset impairment charges related to our Phone business and $2.5 billion of integration and restructuring expenses, primarily associated with our Phone business restructuring plans, which together decreased operating income, net income, and diluted EPS by $10.0 billion, $9.5 billion, and $1.15, respectively.
Table:
(In millions, except per share amounts) |  |  |  |  | 
Year Ended June 30, | 2019 (a) | 2018 | 2017 (d)(e) | 2016 (d) | 2015
Revenue | $ 125,843 | $ 110,360 | $ 96,571 | $ 91,154 | $ 93,580
Gross margin | 82,933 | 72,007 | 62,310 | 58,374 | 60,542
Operating income | 42,959 | 35,058 | 29,025 (f) | 26,078 (g) | 18,161(h)
Net income | 39,240(b) | 16,571(c) | 25,489 (f) | 20,539 (g) | 12,193(h)
Diluted earnings per share | 5.06 (b) | 2.13(c) | 3.25 (f) | 2.56 (g) | 1.48(h)
Cash dividends declared per share | 1.84 | 1.68 | 1.56 | 1.44 | 1.24
Cash, cash equivalents, and short-term |  |  |  |  | 
investments | 133,819 | 133,768 | 132,981 | 113,240 | 96,526
Total assets | 286,556 | 258,848 | 250,312 | 202,897 | 174,303
Long-term obligations | 114,806 | 117,642 | 106,856 | 66,705 | 44,574
Stockholders’ equity | 102,330 | 82,718 | 87,711 | 83,090 | 80,083


Question: When was GitHub acquired?
Answer: October 25, 2018