hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
5.2 Employee share plans (continued)
FY2019, FY2018 & FY2017 offer under LTI Plan
Each LTI Plan share is offered subject to the achievement of the performance measure, which is tested once at the end of the performance period. The LTI Plans will be measured against one performance measure – relative Total Shareholder Return (TSR). LTI Plan shares that do not vest after testing of the relevant performance measure, lapse without retesting.
The shares will only vest if a certain Total Shareholder Return (TSR) relative to the designated comparator group, being the ASX Small Ordinaries Index excluding mining and energy companies, is achieved during the performance period. In relation to the offer, vesting starts where relative TSR reaches the 50th Percentile.
At the 50th Percentile, 50% of LTI Plan shares will vest. All LTI Plan shares will vest if relative TSR is above the 75th Percentile. Between these points, the percentage of vesting increases on a straight-line basis.
Summary of Shares issued under the FY2017 LTI Plan
The following table illustrates the number of, and movements in, shares issued during the year:
Table:
 | 2019 NUMBER | 2018 NUMBER
Outstanding at the beginning of the period | 768,806 | 3,384,696
Granted during the period | - | -
Forfeited during the period | (768,806) | (2,615,890)
Exercised during the period | - | -
Outstanding at the end of the period | - | 768,806


Question: What is the percentage change in the outstanding number of shares at the beginning of the period from 2018 to 2019?
Answer: -77.29
Calculation: (768,806-3,384,696)/3,384,696
ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
(a) 1. Financial Statements
Reference is made to Item 8 for a list of all financial statements and schedules filed as a part of this Report.
2. Financial Statement Schedules
QuickLogic Corporation
Valuation and Qualifying Accounts
(in thousands)
All other schedules not listed above have been omitted because the information required to be set forth therein is not applicable or is shown in the financial statements or notes hereto.
Table:
 | Balance at Beginning of Period | Charged to Costs and Expenses | Write-offs | Balance at End of Period
Allowance for Doubtful Accounts: |  |  |  | 
Fiscal Year 2019 | $— | $— | $5 | $—
Fiscal Year 2018 | $— | $— | $— | $—
Fiscal Year 2017 | $— | $— | $— | $—
Allowance for Deferred Tax Assets: |  |  |  | 
Fiscal Year 2019 | $54,913 | $3,227 | $— | $58,140
Fiscal Year 2018 | $55,931 | $— | $(1,018) | $54,913
Fiscal Year 2017 | $79,150 | $— | $(23,219) | $55,931


Question: What is the average at the beginning of the period in fiscal year 2018 and 2019?
Answer: 55422
Calculation: ($55,931 + $54,913)/2
Note 19—Earnings Per Share ("EPS")
Basic EPS is computed by dividing net income attributable to Leidos common stockholders by the basic weighted average number of shares outstanding. Diluted EPS is calculated to give effect to all potentially dilutive common shares that were outstanding during the reporting period. The dilutive effect of outstanding equity-based compensation awards is reflected in diluted EPS by application of the treasury stock method, only in periods in which such effect would have been dilutive for the period.
The Company issues unvested stock awards that have forfeitable rights to dividends or dividend equivalents. These stock awards are dilutive common share equivalents subject to the treasury stock method.
The weighted average number of shares used to compute basic and diluted EPS attributable to Leidos stockholders were:
Anti-dilutive stock-based awards are excluded from the weighted average number of shares outstanding used to compute diluted EPS. For fiscal 2019 and 2017, there were no significant anti-diluted equity awards. For fiscal 2018, there was 1 million of outstanding stock options and vesting stock awards that were anti-dilutive.
Table:
 |  | Year Ended | 
 | January 3, 2020 | December 28, 2018 | December 29, 2017
 |  | (in millions) | 
Basic weighted average number of shares outstanding | 143 | 151 | 152
Dilutive common share equivalents—stock options and other stock awards | 2 | 2 | 2
Diluted weighted average number of shares outstanding | 145 | 153 | 154


Question: What was the outstanding stock options and vested stock awards in 2018?
Answer: 1 million
Contractual Obligations and Contingent Liabilities and Commitments
Our principal commitments consist primarily of obligations under operating and financing leases, which include among others, certain leases of our offices, colocations and servers as well as contractual commitment related network infrastructure and data center operations. The following table summarizes our commitments to settle contractual obligations in cash as of December 31, 2019:
(1) Finance leases are related to servers and network infrastructure and our data center operations.
As of December 31, 2019, we had severance agreements with certain employees which would require us to pay up to approximately $6.4 million if all such employees were terminated from employment with our Company following a triggering event (e.g., change of control) as defined in the severance agreements.
Table:
 | Payments Due by Year Ending December 31, 2020 |  |  |  | 
(In thousands) | Total | Year 1 (1) | Years 2 & 3 | Years 4 & 5 | Beyond 5 Years
Operating leases, including imputed interest | 12,807 | 3,519 | 5,102 | 4,186 | —
Finance leases, including imputed interest (1) | 2,165 | 1,423 | 736 | 6 | —
Total contractual obligations | $ 14,972 | $ 4,942 | $ 5,838 | $ 4,192 | $ —


Question: What was the total payments due by year ending december 31, 2020 for operating leases, including imputed interest and for Finance leases, including imputed interest, respectively?
Answer: 12,807, 2,165
6. Called up share capital
Accounting policies
Equity instruments issued by the Company are recorded at the amount of the proceeds received, net of direct issuance costs.
Notes: 1 At 31 March 2019 there were 50,000 (2018: 50,000) 7% cumulative fixed rate shares of £1 each in issue
2 At 31 March 2019 the Group held 1,584,882,610 (2018: 2,139,038,029) treasury shares with a nominal value of €264 million (2018: €356 million). The market value of shares held was €2,566 million (2018: €4,738 million). During the year, 45,657,750 (2018: 53,026,317) treasury shares were reissued under Group share schemes. On 25 August 2017, 729,077,001 treasury shares were issued in settlement of tranche 1 of a maturing subordinated mandatory convertible bond issued on 19 February 2016. On 25 February 2019, 799,067,749 treasury shares were issued in settlement of tranche 2 of the maturing subordinated mandatory convertible bond. On 5 March 2019 the Group announced the placing of subordinated mandatory convertible bonds totalling £1.72 billion with a 2 year maturity date in 2021 and £1.72 billion with a 3 year maturity date due in 2022. The bonds are convertible into a total of 2,547,204,739 ordinary shares with a conversion price of £1.3505 per share. For further details see note 20 “Borrowings and capital resources” in the consolidated financial statements.
3 Represents US share awards and option scheme awards.
Table:
 |  | 2019 |  | 2018
 | Number | €m | Number | €m
Ordinary shares of 2020⁄21 US cents each allotted, issued and fully paid:1, 2 |  |  |  | 
1 April | 28,814,803,308 | 4,796 | 28,814,142,848 | 4,796
Allotted during the year3 | 454,870 | – | 660,460 | –
31 March | 28,815,258,178 | 4,796 | 28,814,803,308 | 4,796


Question: What is the 2019 average amount of ordinary shares as at 31 March?
Answer: 28815030743
Calculation: (28,815,258,178+28,814,803,308)/2
O. Accrued Expenses and Other
Accrued expenses and other as of the periods presented consisted of the following (table in millions)
(1) Other primarily consists of litigation accrual, leases accrual, income tax payable and indirect tax accrual.
Accrued partner liabilities primarily relate to rebates and marketing development fund accruals for channel partners, system vendors and systems integrators. Accrued partner liabilities also include accruals for professional service arrangements for which VMware intends to leverage channel partners to directly fulfill the obligation to its customers.
As of January 31, 2020, other included $237 million litigation accrual related to Cirba patent and trademark infringement lawsuit and $155 million accrual for amounts owed to dissenting shareholders in connection with the Pivotal acquisition. Refer to Note E and Note B, respectively, for more information.
Table:
 | January 31, 2020 | February 1, 2019
Accrued employee related expenses | $845 | $780
Accrued partner liabilities | 181 | 207
Customer deposits | 247 | 239
Other(1) | 878 | 438
Total | $2,151 | $1,664


Question: Which years does the table provide information for accrued expenses and other?
Answer: 2020, 2019
The Group reported a loss before tax of £(42.7)m in the year, compared to a profit before tax of £20.9m in 2017/18. A loss after tax was £(33.8)m, compared to a £7.2m profit in the prior year.
Adjusted profit before tax was £88.0m in the year, an increase of £9.4m compared to the prior year due to growth both in Trading profit and lower interest costs as described above. Adjusted profit after tax increased £7.6m to £71.3m in the year after deducting a notional 19.0% tax charge of £16.7m. Based on average shares in issue of 841.5 million shares, adjusted earnings per share in the year was 8.5 pence, growth in the year of +11.5%.
Table:
Adjusted earnings per share (£m) | 2018/19 | 2017/18 | Change
Trading profit | 128.5 | 123.0 | +4.5%
Less: Net regular interest | (40.5) | (44.4) | +8.9%
Adjusted profit before tax | 88.0 | 78.6 | +12.1%
Less: Notional tax (19%) | (16.7) | (14.9) | (12.1%)
Adjusted profit after tax6 | 71.3 | 63.7 | +12.1%
Average shares in issue (millions) | 841.5 | 836.8 | +0.6%
Adjusted earnings per share (pence) | 8.5 | 7.6 | +11.5%


Question: What was the adjusted profit before tax in the year?
Answer: £88.0m
dividends for a summary of the cash dividends paid on citi 2019s outstanding common stock during 2009 and 2010 , see note 33 to the consolidated financial statements . for so long as the u.s . government holds any citigroup trust preferred securities acquired pursuant to the exchange offers consummated in 2009 , citigroup has agreed not to pay a quarterly common stock dividend exceeding $ 0.01 per quarter , subject to certain customary exceptions . further , any dividend on citi 2019s outstanding common stock would need to be made in compliance with citi 2019s obligations to any remaining outstanding citigroup preferred stock . performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citigroup 2019s common stock with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period extending through december 31 , 2010 . the graph and table assume that $ 100 was invested on december 31 , 2005 in citigroup 2019s common stock , the s&p 500 index and the s&p financial index and that all dividends were reinvested . citigroup s&p 500 index s&p financial index comparison of five-year cumulative total return for the years ended 2006 2007 2008 2009 2010 .

Table:
december 31, | citigroup | s&p 500 index | s&p financial index
2006 | 119.55 | 115.79 | 119.19
2007 | 66.10 | 122.15 | 96.98
2008 | 15.88 | 76.96 | 43.34
2009 | 7.85 | 97.33 | 50.80
2010 | 11.22 | 111.99 | 56.96
.

Question: in 2007 what was the ratio of the cumulative total return for citigroup to s&p 500 index
Answer: 0.54
Calculation: divide(66.10, 122.15)
there were no changes in the company 2019s valuation techniques used to measure fair values on a recurring basis as a result of adopting asc 820 . pca had no assets or liabilities that were measured on a nonrecurring basis . 11 . stockholders 2019 equity on october 17 , 2007 , pca announced that its board of directors authorized a $ 150.0 million common stock repurchase program . there is no expiration date for the common stock repurchase program . through december 31 , 2008 , the company repurchased 3818729 shares of common stock , with 3142600 shares repurchased during 2008 and 676129 shares repurchased during 2007 . all repurchased shares were retired prior to december 31 , 2008 . there were no shares repurchased in 2009 . as of december 31 , 2009 , $ 65.0 million of the $ 150.0 million authorization remained available for repurchase of the company 2019s common stock . 12 . commitments and contingencies capital commitments the company had authorized capital commitments of approximately $ 41.7 million and $ 43.0 million as of december 31 , 2009 and 2008 , respectively , in connection with the expansion and replacement of existing facilities and equipment . in addition , commitments at december 31 , 2009 for the major energy optimization projects at its counce and valdosta mills totaled $ 156.3 million . lease obligations pca leases space for certain of its facilities and cutting rights to approximately 91000 acres of timberland under long-term leases . the company also leases equipment , primarily vehicles and rolling stock , and other assets under long-term leases with a duration of two to seven years . the minimum lease payments under non-cancelable operating leases with lease terms in excess of one year are as follows: .

Table:
 | ( in thousands )
2010 | $ 28162
2011 | 25181
2012 | 17338
2013 | 11557
2014 | 7742
thereafter | 18072
total | $ 108052
total lease expense , including base rent on all leases and executory costs , such as insurance , taxes , and maintenance , for the years ended december 31 , 2009 , 2008 and 2007 was $ 41.3 million , $ 41.6 million and $ 39.8 million , respectively .
these costs are included in cost of goods sold and selling and administrative expenses .
pca was obligated under capital leases covering buildings and machinery and equipment in the amount of $ 23.1 million and $ 23.7 million at december 31 , 2009 and 2008 , respectively .
during the fourth quarter of 2008 , the company entered into a capital lease relating to buildings and machinery , totaling $ 23.9 million , payable over 20 years .
this capital lease amount is a non-cash transaction and , accordingly , has been excluded packaging corporation of america notes to consolidated financial statements ( continued ) december 31 , 2009 .

Question: capital leases covering buildings and machinery and equipment in millions totaled what for 2009 and 2008?
Answer: 46.8
Calculation: add(23.1, 23.7)
The Company’s unused short-term lines of credit amounted to NT$77,658 million and NT$64,169 million as of December 31, 2018 and 2019, respectively.
(10) Short-Term Loans
Table:
 | As of December 31, | 
 | 2018 | 2019
 | NT$(In Thousands) | NT$(In Thousands)
Unsecured bank loans | $7,780,552 | $8,080,200
Unsecured other loans | 5,323,256 | 3,935,006
Total | $13,103,808 | $12,015,206


Question: How much was Company’s unused short-term lines of credit as of December 31, 2018?
Answer: NT$77,658 million
In the first quarter of 2019, the Company determined that certain revenue in the IT Services and Hardware segment associated with nonrecurring projects is better aligned with Infrastructure Solutions, rather than Consulting, where it was previously reported.  As a result, the Company reclassed revenue of $26.6 million and $12.3 million from Consulting to Infrastructure Solutions for the twelve months ended December 31, 2018 and 2017, respectively.  This reclassification of revenue had no impact on the Consolidated Statements of Operations
The following table presents revenues disaggregated by contract type
Table:
Year ended December 31, |  |  | 
(dollars in millions) | 2019 | 2018 | 2017
Entertainment and Communications |  |  | 
Products and services transferred at a point in time | $31.7 | $25.3 | $20.6
Products and services transferred over time | 942.4 | 805.8 | 664.3
Intersegment revenue | 21.6 | 22.3 | 21.2
Total Entertainment and Communications | 995.7 | 853.4 | 706.1
IT Services and Hardware |  |  | 
Products and services transferred at a point in time | 138.7 | 142.9 | 80.8
Products and services transferred over time | 423.9 | 404.2 | 300.0
Intersegment revenue | 4.8 | 3.8 | 4.3
Total IT Services and Hardware | 567.4 | 550.9 | 385.1
Total Revenue |  |  | 
Total products and services transferred at a point in time | 170.4 | 168.2 | 101.4
Total products and services transferred over time | 1,366.3 | 1210.0 | 964.3
Total revenue | $1,536.7 | $1,378.2 | $1,065.7


Question: What is the total IT services and hardware between 2017 to 2019?
Answer: 1503.4
Calculation: 567.4+550.9+385.1
Interest rate swaps
The Group has the following interest rate swaps in place as at the end of the reporting period:
Future interest rate swaps in place at the end of the reporting period have maturity dates ranging from 23 September 2019 to 23 September 2026 (2018: 24 September 2018 to 23 September 2026).
On 24 June 2019, the Group reset the interest rates associated with AUD denominated interest rate swaps. This resulted in a cash outflow of $22.9m which reduced the Group’s financial liability presented in note 9.8. The cumulative change in fair value of these hedging instruments is carried in a separate reserve in equity (cash flow hedge reserve of NSPT presented within non-controlling interest in the Group’s consolidated statement of changes in equity).
This balance will be recycled from the hedge reserve to finance costs in the statement of profit and loss in future reporting periods corresponding to when the underlying hedged item impacts profit or loss. For the year ended 30 June 2019, $0.1m has been recognised in finance costs relating to this item.
Table:
 | 2019 | 2018
 | $'000 | $'000
Interest rate swaps (AUD) at face value |  | 
Current interest rate swaps | 400,000 | 270,000
Future interest rate swaps | 275,000 | 400,000
Interest rate swaps (NZD) at face value |  | 
Current interest rate swaps | 73,500 | 53,500
Future interest rate swaps | 50,000 | 100,000
AUD equivalent of NZD interest rate swaps |  | 
Current interest rate swaps | 70,361 | 48,944
Future interest rate swaps | 47,864 | 91,485


Question: What is the range of maturity dates of Future interest rate swaps in 2018?
Answer: 24 September 2018 to 23 September 2026
RESEARCH AND DEVELOPMENT EXPENSES
Total research and development (R&D) expenses, excluding impairment charges, increased by 22% in 2019 compared to the previous year, mainly as a result of higher development activities. As a percentage of sales (excluding the patent litigation & arbitration settlement), R&D expenses decreased to 10% compared to 11% in 2018. Currency changes resulted in a 4% increase in R&D expenses year-over-year.
Total research and development expenses developed as follows:
Impairment of capitalized development expenses related primarily to the development of new technology that is now no longer in-demand from customers.
We continue to invest strongly in R&D. As part of our R&D activities, we are engaged in various development programs with customers and research institutes. These allow us to develop products that meet customer requirements and obtain access to new technology and expertise. The costs relating to prototypes and experimental models, which we may subsequently sell to customers, are charged to the cost of sales.
Our R&D operations in the Netherlands, Belgium, and the United States receive research and development grants and credits from various sources.
Table:
Year ended December 31, |  |  | 
(EUR million) | 2018 | 2019 | % Change
Front-end: |  |  | 
Research and development expenses | 125.3 | 150.7 | 20%
Capitalization of development expenses | (49.7) | (60.2) | 21%
Research and development grants and credits | (0.3) | – | –
Amortization of capitalized development  expenses | 12.0 | 15.6 | 30%
 | 87.3 | 106.1 | 22%
Impairment capitalized development expenses | 1.3 | 4.8 | –
Total | 88.6 | 110.8 | 25%


Question: What is the R&D expense as a percentage of sales in 2019?
Answer: 10%
Note 18: Comprehensive Income (Loss)
The components of accumulated other comprehensive loss, net of tax at the end of June 30, 2019, as well as the activity during the fiscal year ended June 30, 2019, were as follows:
(1) Amount of after-tax gain reclassified from accumulated other comprehensive income into net income located in other expense, net.
(2) Amount of after-tax gain reclassified from accumulated other comprehensive income into net income located in revenue: $9.6 million gain; cost of goods sold: $5.0 million loss; selling, general, and administrative expenses: $1.7 million loss; and other income and expense: $0.1 million loss.
Tax related to other comprehensive income, and the components thereto, for the years ended June 30, 2019, June 24, 2018 and June 25, 2017 was not material.
Table:
 | Accumulated Foreign Currency Translation Adjustment | Accumulated Unrealised Gains or Losses on Cash Flow Hedges | Accumulated Unrealized Holding Gain or Loss on Available-For- Sale Investments | Accumulated Unrealized Components of Defined Benefit Plans | Total
 |  |  | (inthousands) |  | 
Balance as of June 24, 2018 | $(32,722) | $(4,042) | $(1,190) | $(19,495) | $(57,449)
Other comprehensive (loss) income before reclassifications | (9,470) | 2,860 | 3,535 | (1,153) | (4,228)
Losses (gains) reclassified from  accumulated other  comprehensive income (loss) to  net income | 2,822 | (2,749) | (199) | — | (126)
Effects of ASU 2018-02 adoption | — | (399) | — | (1,828) | (2,227)
Net current-period other  comprehensive income (loss) | (6,648) | (288) | 3,336 | (2,981) | (6,581)
Balance as of June 30, 2019 | $(39,370) | $(4,330) | $2,146 | $(22,476) | $(64,030)


Question: What is the percentage change in the total balance from 2018 to 2019?
Answer: 11.46
Calculation: (64,030-57,449)/57,449
Interest expense and financing costs
Fees and discounts associated with the issuance of our debt instruments are recorded as debt discount, which reduces their respective carrying values, and are amortized over their respective terms. Amortization expense is recorded within “Interest and other expense (income), net” in our consolidated statement of operations.
For the years ended December 31, 2019, 2018, and 2017: interest expense was $86 million, $134 million, and $150 million, respectively; amortization of the debt discount and deferred financing costs was $4 million, $6 million, and $12 million, respectively.
A summary of our outstanding debt is as follows (amounts in millions):
With the exception of the 2026 and the 2047 Notes, using Level 2 inputs (i.e., observable market prices in less-than-active markets) at December 31, 2019, the carrying values of the Notes approximated their fair values, as the interest rates were similar to the current rates at which we could borrow funds over the selected interest periods. At December 31, 2019, based on Level 2 inputs, the fair value of the 2026 and the 2047 Notes were $893 million and $456 million, respectively.
Using Level 2 inputs at December 31, 2018, the carrying values of the 2021 Notes and the 2022 Notes approximated their fair values, as the interest rates were similar to the current rates at which we could borrow funds over the selected interest periods. At December 31, 2019, based on Level 2 inputs, the fair values of the 2026 Notes, the 2027 Notes, and the 2047 Notes were $800 million, $376 million, and $360 million, respectively.
Table:
 |  | At December 31, 2019 | 
 | Gross Carrying Amount | Unamortized Discount and Deferred Financing Costs | Net Carrying Amount
2021 Notes | $650 | $(2) | $648
2022 Notes | 400 | (2) | 398
2026 Notes | 850 | (7) | 843
2027 Notes | 400 | (5) | 395
2047 Notes | 400 | (9) | 391
Total long-term debt | $2,700 | $(25) | $2,675
 |  | At December 31, 2018 | 
 | Gross Carrying Amount | Unamortized Discount and Deferred Financing Costs | Net Carrying Amount
2021 Notes | 650 | (3) | 647
2022 Notes | 400 | (3) | 397
2026 Notes | 850 | (8) | 842
2027 Notes | 400 | (5) | 395
2047 Notes | 400 | (10) | 390
Total long-term debt | $2,700 | $(29) | $2,671


Question: What was the percentage change in the net carrying amount of total long-term debt between 2018 and 2019?
Answer: 0.15
Calculation: ($2,675-$2,671)/$2,671