hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
Following the enactment of the 2017 Tax Cut and Jobs Act and the associated one-time transition tax, in general, repatriation of foreign earnings to the US can be completed with no incremental US Tax. However, there are limited other taxes that continue to apply such as foreign withholding and certain state taxes. The company records a deferred tax liability for the estimated foreign earnings and state tax cost associated with the undistributed foreign earnings that are not permanently reinvested.
The Tax Act also includes provisions for Global Intangible Low-Taxed Income (“GILTI”) wherein taxes on foreign income are imposed in excess of a deemed return on tangible assets of foreign corporations. We elected to recognize the tax on GILTI as an expense in the period the tax is incurred.
We recognize the financial statement benefit of a tax position when it is more-likely-than-not, based on its technical merits, that the position will be sustained upon examination. A tax position that meets the more-likely-than-not threshold is then measured to determine the amount of benefit to be recognized in the financial statements. As of December 31, 2019, we have approximately $5,016 of unrecognized tax benefits, which if recognized, would impact the effective tax rate. We do not anticipate any significant changes in our unrecognized tax benefits within the next 12 months.
A reconciliation of the beginning and ending unrecognized tax benefits is provided below:
Our continuing practice is to recognize interest and/or penalties related to unrecognized tax benefits as income tax expense. As of December 31, 2019, and 2018, $707 and $2,515, respectively, of interest and penalties were accrued.
We are subject to taxation in the U.S., various states, and in non-U.S. jurisdictions. Our U.S. income tax returns are primarily subject to examination from 2016 through 2018; however, U.S. tax authorities also have the ability to review prior tax years to the extent loss carryforwards and tax credit carryforwards are utilized. The open years for the non-U.S. tax returns range from 2008 through 2018 based on local statutes.
Table:
 | As of December 31, | 
 | 2019 | 2018
Balance at January 1 | $3,649 | $4,670
Increase related to current year tax positions | 2,834 | 55
(Decrease) increase related to prior year tax positions | (10) | 46
Decrease related to lapse in statute of limitation | (1,457) | (1,076)
Decrease related to settlements with taxing authorities | — | (46)
Balance at December 31 | $5,016 | $3,649


Question: What was the amount of interest and penalties accrued that were related to unrecognized tax benefits as income tax expense in 2019?
Answer: 707
18. Reconciliation of net cash flow from operating activities
The table below shows how our (loss)/profit for the year from continuing operations translates into cash flows generated from our operating activities.
Table:
 |  | 2019 | 2018 | 2017
 | Notes | €m | €m | €m
(Loss)/profit for the financial year |  | (7,644) | 2,788 | (6,079)
Loss from discontinued operations | 7 | 3,535 | 1,969 | 4,107
(Loss)/profit for the financial year from continuing operations |  | (4,109) | 4,757 | (1,972)
Non-operating expense |  | 7 | 32 | 1
Investment income |  | (433) | (685) | (474)
Financing costs |  | 2,088 | 1,074 | 1,406
Income tax expense/(credit) | 6 | 1,496 | (879) | 4,764
Operating (loss)/profit |  | (951) | 4,299 | 3,725
Adjustments for: |  |  |  | 
Share-based payments and other non-cash charges |  | 147 | 128 | 95
Depreciation and amortisation | 10, 11 | 9,795 | 10,409 | 11,086
Loss on disposal of property, plant and equipment and intangible assets | 3 | 33 | 36 | 22
Share of result of equity accounted associates and joint ventures |  | 908 | 59 | (47)
Impairment losses | 4 | 3,525 | – | –
Other expense/(income) |  | 148 | (213) | (1,052)
(Increase)/decrease in inventory |  | (131) | (26) | 117
(Increase)/decrease in trade and other receivables | 14 | (31) | (1,118) | 308
Increase/(decrease) in trade and other payables | 15 | 739 | 286 | (473)
Cash generated by operations |  | 14,182 | 13,860 | 13,781
Net tax paid |  | (1,131) | (1,118) | (761)
Cash flows from discontinued operations |  | (71) | 858 | 1,203
Net cash flow from operating activities |  | 12,980 | 13,600 | 14,223


Question: How much is the 2018 net tax paid?
Answer: 1,118
7 OTHER GAINS, NET
Note: (a) The disposal and deemed disposal gains of approximately RMB8,492 million recognised during the year ended 31 December 2019 mainly comprised the following:
– net gains of approximately RMB4,859 million (2018: RMB1,661 million) on dilution of the Group’s equity interests in certain associates due to new equity interests being issued by these associates (Note 21). These investee companies are principally engaged in Internet-related business; and
– aggregate net gains of approximately RMB3,633 million (2018: RMB1,271 million) on disposals, partial disposals or deemed disposals of various investments of the Group.
(b) Net fair value gains on FVPL of approximately RMB9,511 million (Note 24) recognised during the year ended 31 December 2019 mainly comprised the following:
– aggregate gains of approximately RMB1,886 million (2018: RMB22,215 million) arising from reclassification of several investments principally engaged in Internet-related business from FVPL to investments in associates due to the conversion of the Group’s redeemable instruments or preferred shares of these investee companies into their ordinary shares and the Group has board representation upon their respective initial public offerings (“IPO”); and
– net gains of approximately RMB7,625 million (2018: RMB6,523 million) from fair value changes of FVPL.
Table:
 | 2019 | 2018
 | RMB’Million | RMB’Million
Net gains on disposals and deemed disposals of investee companies (Note (a)) | 8,492 | 2,932
Net fair value gains on FVPL (Note (b)) | 9,511 | 28,738
Subsidies and tax rebates | 4,263 | 3,456
Impairment provision/(reversal) for investee companies and intangible assets arising from acquisitions (Note (c)) | (4,006) | (17,577)
Net fair value gains on other financial instruments (Note 27 and Note 38) | 1,647 | 1,019
Dividend income | 1,014 | 686
Donations to Tencent Charity Funds | (850) | (730)
Others | (382) | (1,810)
 | 19,689 | 16,714


Question: What is the change in dividend income from 2018 to 2019?
Answer: 328
Calculation: 1,014-686
4. Debtors
Amounts owed by Group undertakings are non-interest-bearing, unsecured and have no fixed date of repayment.
Table:
 | 2019 | 2018
 | £m | £m
Amounts owed by Group undertakings | 414.7 | 439.9
Deferred tax asset | 1.2 | 0.8
Total | 415.9 | 440.7


Question: What was the total amount owed to debtors by the Group in 2019?
Answer: 415.9
We completed our qualitative assessment of our indefinite-lived intangible assets other than goodwill as of December 31, 2019 and 2018 and concluded it is more likely than not that our indefinite-lived intangible assets are not impaired; thus, no impairment charge for these assets was recorded in 2019 or 2018.
The following tables show the rollforward of goodwill assigned to our reportable segments from December 31, 2017 through December 31, 2019.
(1) Goodwill is net of accumulated impairment losses of $1.1 billion that related to our former hosting segment now included in our business segment.
(2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination. (2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination.
(3) Includes $58 million decrease due to effect of foreign currency exchange rate change.
Table:
 | Business | Consumer | Total
 |  | (Dollars in millions) | 
As of December 31, 2017(1) | $20,197 | 10,278 | 30,475
Purchase accounting and other adjustments(2)(3) | 250 | 32 | 282
Impairment | — | (2,726) | (2,726)
As of December 31, 2018 | $20,447 | 7,584 | 28,031


Question: What is the amount of goodwill under Business as a ratio of the Total amount as of December 31, 2018?
Answer: 0.73
Calculation: 20,447/28,031
DEVELOPMENT OF EMPLOYEE NUMBERS BY SEGMENTS
By headcount1 as of closing date of 30/9
1 Excluding METRO China.
Table:
 | 2018 | 2019
METRO | 92,603 | 89,574
METRO Germany | 13,711 | 13,606
METRO Western Europe (excl.Germany) | 27,207 | 27,227
METRO Russia | 13,960 | 12,357
METRO Eastern Europe (excl.Russia) | 29,060 | 28,375
METRO Asia | 8,665 | 8,009
Others | 7,008 | 7,152
METROAG | 909 | 880
Total | 100,520 | 97,606


Question: What was the percentage change in METRO AG headcount in 2019 from 2018?
Answer: -3.19
Calculation: (880-909)/909
V. INDEBTEDNESS
Indebtedness of the Company including interest outstanding/accrued but not due for payment
Notes:
1. Secured loans excluding deposits of `39 crore as at March 31, 2019, represents obligations under finance lease including current portion of obligations.
2. Opening balance as at April 1, 2018, of unsecured loans represent bank overdraft of `181 crore.
3. Deposits represent amounts received from lessee for the premises given on sub-lease and from vendors for contracts to be executed.
Table:
 | Secured loans excluding deposits | Unsecured loans | Deposits | Total Indebtedness
 | Note 1 | Note 2 | Note 3 | 
Indebtedness at the beginning of the financial year |  |  |  | 
i) Principal Amount | 44 | 181 | 3 | 228
ii) Interest due but not paid | - | - | - | -
iii) Interest accrued but not due | - | - | - | -
Total (i+ii+iii) | 44 | 181 | 3 | 228
Change in Indebtedness during the financial year |  |  |  | 
• Addition | - | - | 1 | 1
• Reduction | (5) | (181) | - | (186)
Net change | (5) | (181) | 1 | (185)
Indebtedness  at the end  of the financial year |  |  |  | 
i) Principal amount | 39 | - | 4 | 43
ii) Interest due but not paid | - | - | - | -
iii) Interest accrued but not due | - | - | - | -
Total (i+ii+iii) | 39 | - | 4 | 43


Question: At the end of the financial year, what percentage of total indebtedness is made up of secured loans excluding deposits?
Answer: 90.7
Calculation: 39/43
CUSTOMER STATISTICS
(1) Excludes adjustments related to the migration to the new customer management system implemented during the third quarter of fiscal 2018.
(2) As a percentage of homes passed.
During the third quarter of fiscal 2018, the Canadian broadband services segment implemented a new customer management system, replacing 22 legacy systems. While the customer management system was still in the stabilization phase, contact center congestion resulted in lower services activations during most of the fourth quarter of fiscal 2018 and the first quarter of 2019. Contact center and marketing operations had returned to normal at the end of the first quarter of 2019.
Variations of each services are also explained as follows:
INTERNET Fiscal 2019 Internet service customers net additions stood at 5,966 compared to 14,173 for the prior year mainly due to: • the ongoing interest in high speed offerings; • the sustained interest in bundle offers; and • the increased demand from Internet resellers; partly offset by • competitive offers in the industry; and • contact center congestion during the stabilization period of the new customer management system.
VIDEO Fiscal 2019 video service customers net losses stood at 39,185 compared to 37,035 for the prior year as a result of: • highly competitive offers in the industry; • a changing video consumption environment; and • contact center congestion during the stabilization period of the new customer management system; partly offset by • customers' ongoing interest in digital advanced video services; and • customers' interest in video services bundled with fast Internet offerings.
TELEPHONY Fiscal 2019 telephony service customers net losses amounted to 23,333 compared to 32,987 for the prior year mainly due to: • technical issues with telephony activations following the implementation of the new customer management system which were resolved at the end of the first quarter; • increasing wireless penetration in North America and various unlimited offers launched by wireless operators causing some customers to cancel their landline telephony services for wireless telephony services only; partly offset by • growth in the business sector; and • more telephony bundles due to additional promotional activity in the second half of fiscal 2019.
DISTRIBUTION OF CUSTOMERS At August 31, 2019, 69% of the Canadian broadband services segment's customers enjoyed "double play" or "triple play" bundled services.
Table:
 |  | Net additions (losses) |  | % of penetration(2) | 
 | Years ended |  |  |  | 
 | August 31, | August 31, | August 31, | August 31, | August 31,
 | 2019 | 2019 | 2018(1) | 2019 | 2018
Primary service units | 1,810,366 | (56,552) | (55,849) |  | 
Internet service customers | 788,243 | 5,966 | 14,173 | 44.7 | 44.7
Video service customers | 649,583 | (39,185) | (37,035) | 36.8 | 39.3
Telephony service customers | 372,540 | (23,333) | (32,987) | 21.1 | 22.6


Question: How many legacy systems were replaced by implementing the new customer management system?
Answer: 22
Segments
We are organized into two reportable operating segments: OLS and ILS. While both segments deliver cost-effective, highly reliable photonics solutions, OLS is focused on high performance laser sources and complex optical sub-systems, typically used in microelectronics manufacturing, medical diagnostics and therapeutic applications, as well as in scientific research. ILS delivers high performance laser sources, sub-systems and tools primarily used for industrial laser materials processing, serving important end markets like automotive, machine tool, consumer goods and medical device manufacturing.
The following table sets forth, for the periods indicated, the amount of net sales and their relative percentages of total net sales by segment (dollars in thousands):
Net sales for fiscal 2019 decreased $471.9 million, or 25%, compared to fiscal 2018, with decreases of $372.8 million, or 30%, in our OLS segment and decreases of $99.1 million, or 15%, in our ILS segment. The fiscal 2019 decreases in both OLS and ILS segment sales included decreases due to the unfavorable impact of foreign exchange rates.
The decrease in our OLS segment sales in fiscal 2019 was primarily due to weaker demand resulting in lower shipments of ELA tools used in the flat panel display market and lower revenues from consumable service parts.
The decrease in our ILS segment sales from fiscal 2018 to fiscal 2019 was primarily due to lower sales for materials processing and microelectronics applications, partially offset by higher sales for medical and military applications within the OEM components and instrumentation market.
Table:
 | Fiscal 2019 |  | Fiscal 2018 | 
 | Amount | Percentage of total net sales | Amount | Percentage of total net sales
OEM Laser Sources (OLS) | $886,676 | 62.0% | $1,259,477 | 66.2%
Industrial Lasers & Systems (ILS) | 543,964 | 38.0% | 643,096 | 33.8%
Total | $1,430,640 | 100.0% | $1,902,573 | 100.0%


Question: What was the average amount of net sales for ILS in 2018 and 2019?
Answer: 593530
Calculation: (543,964+643,096)/2
Other Defined Benefit Plans
We maintain various defined benefit plans to provide termination and postretirement benefits to certain eligible employees outside of the U.S. We also provide disability benefits to certain eligible employees in the U.S. Eligibility is determined based on the terms of our plans and local statutory requirements.
Funded Status
The funded status of our postretirement health care and other defined benefit plans, which is recognized in other long-term liabilities in our consolidated balance sheets, was as follows (in millions):
Table:
 | April 26, 2019 | April 27, 2018
Fair value of plan assets | $ 31 | $ 25
Benefit obligations | (61) | (53)
Unfunded obligations | $(30) | $(28)


Question: What were the benefit obligations in 2018?
Answer: (53)
Cash Flows
Our cash flows from operations are significantly impacted by timing of invoicing and collections of accounts receivable and annual bonus payments, as well as payments of payroll, payroll taxes, and other taxes.
We expect that we will continue to generate positive cash flows from operations on an annual basis, although this may fluctuate significantly on a quarterly basis. In particular, we typically use more cash during the first fiscal quarter ended October 31, as we generally pay cash bonuses to our employees for the prior fiscal year during that period and pay seasonally higher sales commissions from increased customer orders booked in our fourth fiscal quarter.
We believe that our existing cash and cash equivalents and sources of liquidity will be sufficient to fund our operations for at least the next 12 months. Our future capital requirements will depend on many factors, including our rate of revenue growth, the expansion of our sales and marketing activities, the timing and extent of our spending to support our research and development efforts, investments in cloud infrastructure and operating costs, and expansion into other markets.
We also may invest in or acquire complementary businesses, applications, or technologies, which may require the use of significant cash resources and/or additional financing. The following summary of cash flows for the periods indicated has been derived from our consolidated financial statements included elsewhere in this Annual Report on Form 10-K (in thousands):
Table:
 | Fiscal years ended July 31, | 
 | 2019 | 2018
Net cash provided by operating activities | $116,126 | $140,459
Net cash used in investing activities | $(301,433) | $(537,584)
Net cash provided by financing activities | $3,954 | $573,000


Question: What was the Net cash provided by operating activities in 2019 and 2018 respectively?
Answer: $116,126, $140,459
9. PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consists of the following (in thousands):
Depreciation and amortization expense related to property and equipment for fiscal years 2019, 2018 and 2017 was $29.7 million, $30.7 million and $27.3 million, respectively. Accumulated depreciation on capital lease assets for fiscal years 2019 and 2018 was $5.3 million and $3.2 million, respectively.
See Note 17 - Impairments and Note 15 - Restructurings for information related to property and equipment impaired during fiscal year 2019.
Table:
 | September 27,  | September 28, 
 | 2019 | 2018
Construction in process | 24,848 | 49,661
Machinery and equipment | 175,696 | 174,638
Leasehold improvements | 12,962 | 14,984
Furniture and fixtures | 3,716 | 2,306
Capital lease assets | 46,496 | 19,380
Computer equipment and software | 18,116 | 17,317
           Total property and equipment | 281,834 | 278,286
Less accumulated depreciation and amortization | (149,187) | (128,363)
Property and equipment — net | $132,647 | $149,923


Question: In which year was value of Construction in process less than 30,000 thousands?
Answer: 2019
Calculation: locate and analyze construction in process in row 3
Note 2: Net Income Per Share
Basic net income per share is computed using the weighted-average number of common shares outstanding for the period. Diluted net income per share is computed by adjusting the weighted-average number of common shares outstanding for the effect of dilutive potential common shares outstanding during the period. Potential common shares included in the diluted calculation consist of incremental shares issuable upon the exercise of outstanding stock options calculated using the treasury stock method.
The following table sets forth the calculation of basic and diluted net income per share (in thousands, except per share amounts):
For the years ended December 31, 2019 and 2018, options to purchase 200,000 and 200,000 shares of common stock, respectively, were not included in the computation of diluted net income per share because the effect would have been anti-dilutive.
Table:
Year Ended December 31, |  | 
 | 2019 | 2018
Net income | $4,155 | $4,661
Weighted average common shares—basic | 11,809 | 12,323
Effect of dilutive securities: stock options | 226 | 187
Weighted average common shares—diluted | 12,035 | 12,510
Net income per share—basic | $0.35 | $0.38
Net income per share—diluted | $0.35 | $0.37


Question: What is the net income for 2019 and 2018 respectively?
Answer: $4,155, $4,661
table of contents celanese purchases of its equity securities information regarding repurchases of our common stock during the three months ended december 31 , 2017 is as follows : period number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced program approximate dollar value of shares remaining that may be purchased under the program ( 2 ) .

Table:
period | totalnumberof sharespurchased ( 1 ) | averageprice paidper share | total numberof sharespurchased aspart of publiclyannounced program | approximatedollarvalue of sharesremaining thatmay bepurchased underthe program ( 2 )
october 1 - 31 2017 | 10676 | $ 104.10 | 2014 | $ 1531000000
november 1 - 30 2017 | 924 | $ 104.02 | 2014 | $ 1531000000
december 1 - 31 2017 | 38605 | $ 106.36 | 2014 | $ 1531000000
total | 50205 |  | 2014 | 
___________________________ ( 1 ) represents shares withheld from employees to cover their statutory minimum withholding requirements for personal income taxes related to the vesting of restricted stock units .
( 2 ) our board of directors has authorized the aggregate repurchase of $ 3.9 billion of our common stock since february 2008 , including an increase of $ 1.5 billion on july 17 , 2017 .
see note 17 - stockholders' equity in the accompanying consolidated financial statements for further information. .

Question: what is the total value of purchased shares during november 2017?
Answer: 96114.5
Calculation: multiply(924, 104.02)
Stock-based compensation expense categorized by various equity components for the years ended December 31, 2019, 2018 and 2017 is summarized in the table below (in thousands):
During the years ended December 31, 2019, 2018 and 2017, the Company granted stock options covering zero, zero and 70,000 shares, respectively. The 2017 estimated per share fair value of the grant was $4.62 before estimated forfeitures.
The total fair value of restricted stock awards and units vested during the years ended December 31, 2019, 2018 and 2017 was $30.1 million, $30.4 million and $22.7 million, respectively.
The total intrinsic value of options exercised during the years ended December 31, 2019, 2018 and 2017 was $0.2 million, $1.0 million and $5.5 million, respectively. The intrinsic value is calculated as the difference between the market value on the date of exercise and the exercise price of the shares.
As of December 31, 2019, the unrecognized stock-based compensation balance after estimated forfeitures consisted of $0.1 million related to unvested stock options, to be recognized over an estimated weighted average amortization period of 1.5 years, and $40.3 million related to restricted stock awards and units, including performance-based awards and units, to be recognized over an estimated weighted average amortization period of 2.3 years.
As of December 31, 2018, the unrecognized stock-based compensation balance after estimated forfeitures related to unvested stock options was $0.3 million to be recognized over an estimated weighted average amortization period of 2.0 years and $40.6 million related to restricted stock awards and units, including performance-based awards and units, to be recognized over an estimated weighted average amortization period of 2.2 years.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Employee stock options | $219 | $438 | $1,980
Restricted stock awards and units | 29,031 | 27,974 | 28,909
Employee stock purchase plan | 2,304 | 2,599 | 2,573
Total stock-based compensation expense | $31,554 | $31,011 | $33,462


Question: What is the estimated per share fair value of the granted stock options before estimated forfeitures in 2017?
Answer: $4.62