hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
5. Net Income (Loss) per Share
The Company calculates basic earnings per share by dividing the net income (loss) by the weighted average number of shares of common stock outstanding for the period. The diluted earnings per share is computed by giving effect to all potential dilutive common stock equivalents outstanding for the period using the treasury stock method. For purposes of this calculation, options to purchase common stock, stock awards, and the Convertible Senior Notes are considered to be common stock equivalents.
Since the Company has the intent and ability to settle the principal amount of the Convertible Senior Notes in cash and any excess in shares of the Company’s common stock, the Company uses the treasury stock method for calculating any potential dilutive effect of the conversion spread on diluted net income per share, if applicable.
The conversion spread will have a dilutive impact on net income (loss) per share of common stock when the average market price of the Company’s common stock for a given period exceeds the conversion price of $113.75 per share for the Convertible Senior Notes. During the fiscal years ended July 31, 2019 and 2018, the Company’s weighted average common stock price was below the conversion price of the Convertible Senior Notes.
The following table sets forth the computation of the Company’s basic and diluted net income per share for the years endedJ uly 31, 2019, 2018 and 2017 (in thousands, except share and per share amounts):
Table:
 | 2019 | 2018 | 2017
Numerator: |  |  | 
Net income (loss) | $20,732 | $(26,743) | $18,072
Net income (loss) per share: |  |  | 
Basic | $0.25 | $(0.34) | $0.24
Diluted | $0.25 | $(0.34) | $0.24
Denominator: |  |  | 
Weighted average shares used in computing net income (loss) per share: |  |  | 
Basic | 81,447,998 | 77,709,592 | 73,994,577
Weighted average effect of diluted stock options | 229,035 | — | 544,520
Weighted average effect of diluted stock awards | 1,004,181 | — | 789,246
Diluted | 82,681,214 | 77,709,592 | 75,328,343


Question: What was the average Diluted Weighted average shares used in computing net income (loss) per share for 2018 and 2019?
Answer: 78573049.67
Calculation: (82,681,214 + 77,709,592 + 75,328,343) / 3
As at December 31, 2019, we had US$8.3 billion of US dollardenominated senior notes and debentures, all of which were hedged using debt derivatives.
1 US dollar-denominated long-term debt reflects the hedged exchange rate and the hedged interest rate.
2 Pursuant to the requirements for hedge accounting under IFRS 9, Financial instruments, as at December 31, 2019 and December 31, 2018, RCI accounted for 100% of its debt derivatives related to senior notes as hedges against designated US dollar-denominated debt. As a result, as at December 31, 2019 and 2018, 100% of our US dollar-denominated senior notes and debentures are hedged for accounting and economic purposes.
3 Borrowings include long-term debt, including the impact of debt derivatives, and short-term borrowings associated with our US CP and accounts receivable securitization programs.
Table:
 | As at December 31 | 
(In millions of dollars, except exchange rates, percentages, and years) | 2019 | 2018
US dollar-denominated long-term debt 1 | US$ 8,300 | US$ 6,050
Hedged with debt derivatives | US$ 8,300 | US$ 6,050
Hedged exchange rate | 1.1932 | 1.1438
Percent hedged2 | 100.0% | 100.0%
Amount of borrowings at fixed rates 3 |  | 
Total borrowings | $ 17,496 | $ 15,320
Total borrowings at fixed rates | $ 15,254 | $ 13,070
Percent of borrowings at fixed rates | 87.2% | 85.3%
Weighted average interest rate on borrowings | 4.30% | 4.45%
Weighted average term to maturity | 14.1 years | 10.7 years


Question: What percentage of US dollar-denominated senior notes and debentures are hedged for accounting and economic purposes?
Answer: 100%
Note 8. Goodwill and Intangible Assets, Net
The changes in goodwill by reportable segment are outlined below (in thousands):
On October 21, 2019, we acquired 85% of the issued and outstanding capital stock of OpenEye and recorded $41.4 million of goodwill in the Alarm.com segment. There were no impairments of goodwill recorded during the years ended December 31, 2019, 2018 or 2017. As of December 31, 2019, the accumulated balance of goodwill impairments was $4.8 million, which is related to our acquisition of EnergyHub in 2013.
Table:
 | Alarm.com | Other | Total
Balance as of January 1, 2018 | $63,591 | $— | $63,591
Goodwill acquired | — | — | —
Balance as of December 31, 2018 | 63,591 | — | 63,591
Goodwill acquired | 41,372 | — | 41,372
Balance as of December 31, 2019 | $104,963 | $— | $104,963


Question: What was the percentage change in the balance between December 31, 2018 and 2019?
Answer: 65.06
Calculation: (104,963-63,591)/63,591
Return on invested capital (ROIC)
ROIC measures the after tax return on the total capital invested in the business. It is calculated as adjusted operating profit after tax divided by average invested capital.
An analysis of the components is as follows:
Table:
 | 2019 | 2018
 | £m | £m
Total equity | 826.3 | 766.9
Net debt | 334.1 | 235.8
Total invested capital | 1,160.4 | 1,002.7
Average invested capital | 1,081.6 | 992.9
Average invested capital (excluding IFRS 16) | 1,061.2 | 992.9
Operating profit as reported under IFRS | 245.0 | 299.1
Adjustments (see adjusted operating profit) | 37.7 | (34.2)
Adjusted operating profit | 282.7 | 264.9
Taxation | (80.6) | (73.1)
Adjusted operating profit after tax | 202.1 | 191.8
Adjusted operating profit after tax (excluding IFRS 16) | 201.2 | 191.8
Return in invested capital | 18.7% | 19.3%
Return in invested capital (excluding IFRS 16) | 19.0% | 19.3%


Question: What does the ROIC measure?
Answer: the after tax return on the total capital invested in the business
Summarized financial information of Hilli LLC
The most significant impacts of Hilli LLC VIE's operations on our consolidated statements of income and consolidated statements of cash flows, as of December 31, 2019 and 2018, are as follows:
Table:
(in thousands of $) | 2019 | 2018
Statement of income |  | 
Liquefaction services revenue | 218,096 | 127,625
Realized and unrealized (losses)/gains on the oil derivative instrument | (26,001) | 16,767
Statement of cash flows |  | 
Net debt repayments | (243,513) | (30,300)
Net debt receipts | 129,454 | —


Question: What was the change in net debt receipts between 2018 and 2019?
Answer: 129454
Calculation: 129,454 - 0
Note 12 – Income Taxes
The provision for income taxes consists of the following for the fiscal years ended December 27, 2019, December 28, 2018 and December 29, 2017:
Table:
 | December 27, 2019  | December 28, 2018  | December 29, 2017
Current income tax expense: |  |  | 
Federal  | $4,003 | $2,945 | $3,342
State  | 2,144 | 1,943 | 1,403
Total current income tax expense  | 6,147 | 4,888 | 4,745
Deferred income tax expense (benefit): |  |  | 
Federal  | 1,617 | 2,363 | (1,059)
Foreign  | 17 | (472) | 215
State  | 429 | 663 | 141
Total deferred income tax expense (benefit) | 2,063 | 2,554 | (703)
Total income tax expense | $8,210 | $7,442 | $4,042


Question: What is the total current income tax expense for 2019, 2018 and 2017 respectively?
Answer: 6,147, 4,888, 4,745
Note 5. Inventory, Net
The components of inventory, net are as follows (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Raw materials | $8,921 | $6,396
Finished goods | 25,247 | 16,594
Total inventory, net | $34,168 | $22,990


Question: What was the amount of raw materials in 2019?
Answer: $8,921
Net Income (Loss) per Common Share
Basic net income per share is based on the weighted average common and Class A shares outstanding. Diluted net income per share includes any dilutive effects of stock options outstanding and unvested restricted shares.
Basic net income per share was calculated by dividing net income by the weighted-average number of common and Class A shares outstanding during the period. Diluted net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period plus the dilutive effects of stock options and unvested restricted shares. Due to the net loss in the year ended June 3, 2017 restricted shares in the amount of 131,292 were excluded from the calculation of diluted earnings per share because their inclusion would have been
antidilutive. The computations of basic net income per share and diluted net income per share are as follows (in thousands):
Table:
 | June 1, 2019 | June 2, 2018 | June 3, 2017
Net income (loss) attributable to Cal-Maine Foods, Inc. | $54,229 | $125,932 | $(74,278)
Basic weighted-average common shares (including Class A) | 48,467 | 48,353 | 48,362
Effect of dilutive securities: |  |  | 
Common stock options and restricted stock | 122 | 115 | —
Dilutive potential common shares | 48,589 | 48,468 | 48,362
Net income (loss) per common share: |  |  | 
Basic | $1.12 | $2.60 | $(1.54)
Diluted | $1.12 | $2.60 | $(1.54)


Question: How is the diluted net income per share calculated?
Answer: net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period plus the dilutive effects of stock options and unvested restricted shares
Contractual obligations and commitments
A summary of our principal contractual financial obligations and commitments at 31 March 2019 are set out below. In addition, information in relation to our participation in the current German spectrum licence auction and our commitments arising from the Group’s announcement on 9 May 2018 that it had agreed to acquire Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania (are set out in note 28 “Commitments”).
Notes: 1 This table includes obligations to pay dividends to non-controlling shareholders (see “Dividends from associates and to non-controlling shareholders” on page 160). The table excludes current and deferred tax liabilities and obligations under post employment benefit schemes, details of which are provided in notes 6 “Taxation” and 25 “Post employment benefits” respectively. The table also excludes the contractual obligations of associates and joint ventures.
2 See note 21 “Capital and financial risk management”.
3 See note 28 “Commitments”.
4 Primarily related to spectrum and network infrastructure.
5 Primarily related to device purchase obligations.
Table:
 |  |  |  |  | Payments due by period
 |  |  |  |  | €m
Contractual obligations and commitments1 | Total | < 1 year | 1–3 years | 3–5 years | >5 years
Financial liabilities2 | 86,160 | 21,953 | 11,404 | 14,881 | 37,922
Operating lease commitments3 | 10,816 | 2,834 | 2,881 | 1,689 | 3,412
Capital commitments3,4 | 3,012 | 1,514 | 1,274 | 173 | 51
Purchase commitments5 | 8,460 | 4,091 | 2,616 | 689 | 1,064
Total | 108,448 | 30,392 | 18,175 | 17,432 | 42,449


Question: What are the total financial liabilities?
Answer: 86,160
selling , general , and administrative expenses selling , general , and administrative expenses increased to $ 65.2 million in 2010 from $ 52.9 million in 2009 due primarily to increases in compensation expense and recruitment costs , principally in connection with higher headcount in 2010 , and an increase in non-cash compensation expense for the reasons described above . cost of goods sold cost of goods sold in 2010 and 2009 was $ 2.1 million and $ 1.7 million , respectively , and consisted primarily of royalties and other period costs related to arcalyst ae commercial supplies . to date , arcalyst ae shipments to our customers have primarily consisted of supplies of inventory manufactured and expensed as research and development costs prior to fda approval in 2008 ; therefore , the costs of these supplies were not included in costs of goods sold . other income and expense investment income decreased to $ 2.1 million in 2010 from $ 4.5 million in 2009 , due primarily to lower yields on , and lower average balances of , cash and marketable securities . interest expense increased to $ 9.1 million in 2010 from $ 2.3 million in 2009 . interest expense is primarily attributable to the imputed interest portion of payments to our landlord , commencing in the third quarter of 2009 , to lease newly constructed laboratory and office facilities in tarrytown , new york . income tax expense ( benefit ) in 2010 , we did not recognize any income tax expense or benefit . in 2009 , we recognized a $ 4.1 million income tax benefit , consisting primarily of ( i ) $ 2.7 million resulting from a provision in the worker , homeownership , and business assistance act of 2009 that allowed us to claim a refund of u.s . federal alternative minimum tax that we paid in 2008 , and ( ii ) $ 0.7 million resulting from a provision in the american recovery and reinvestment act of 2009 that allowed us to claim a refund for a portion of our unused pre-2006 research tax credits . years ended december 31 , 2009 and 2008 net loss regeneron reported a net loss of $ 67.8 million , or $ 0.85 per share ( basic and diluted ) , for the year ended december 31 , 2009 , compared to a net loss of $ 79.1 million , or $ 1.00 per share ( basic and diluted ) for 2008 . the decrease in our net loss in 2009 was principally due to higher collaboration revenue in connection with our antibody collaboration with sanofi-aventis , receipt of a $ 20.0 million substantive performance milestone payment in connection with our vegf trap-eye collaboration with bayer healthcare , and higher arcalyst ae sales , partly offset by higher research and development expenses , as detailed below . revenues revenues in 2009 and 2008 consist of the following: .

Table:
( in millions ) | 2009 | 2008
collaboration revenue |  | 
sanofi-aventis | $ 247.2 | $ 154.0
bayer healthcare | 67.3 | 31.2
total collaboration revenue | 314.5 | 185.2
technology licensing revenue | 40.0 | 40.0
net product sales | 18.4 | 6.3
contract research and other revenue | 6.4 | 7.0
total revenue | $ 379.3 | $ 238.5
.

Question: what percentage of total revenue was bayer healthcare in 2008?
Answer: 14%
Calculation: divide(31.2, 238.5)
stock performance graph : the graph below shows the cumulative total shareholder return assuming the investment of $ 100 , on december 31 , 2011 , and the reinvestment of dividends thereafter , if any , in the company 2019s common stock versus the standard and poor 2019s s&p 500 retail index ( 201cs&p 500 retail index 201d ) and the standard and poor 2019s s&p 500 index ( 201cs&p 500 201d ) . .

Table:
company/index | december 31 , 2011 | december 31 , 2012 | december 31 , 2013 | december 31 , 2014 | december 31 , 2015 | december 31 , 2016
o 2019reilly automotive inc . | $ 100 | $ 112 | $ 161 | $ 241 | $ 317 | $ 348
s&p 500 retail index | 100 | 125 | 180 | 197 | 245 | 257
s&p 500 | $ 100 | $ 113 | $ 147 | $ 164 | $ 163 | $ 178
.

Question: what was the total five year return on o 2019reilly automotive inc.?
Answer: 248
Calculation: subtract(348, 100)
Geographic Information
(1) Amounts by geography have been reclassified from prior year disclosure to reflect adjustments to our regional operating model. As of January 1, 2019, our geographic regions are: North America, EMEA, South America and APAC. Our North American operations include Canada, the United States, Mexico and Central America. Mexico and Central America were previously included in Latin America. Refer to Note 2, "Summary of Significant Accounting Policies and Recently Issued Accounting Standards," of the Notes to Consolidated Financial Statements.
(2) No non-U.S. country accounted for net sales in excess of 10% of consolidated net sales for the years ended December 31, 2019, 2018 or 2017 or long-lived assets in excess of 10% of consolidated long-lived assets at December 31, 2019 and 2018.
(3) Net sales to external customers within the U.S. were $2,501.6 million, $2,402.3 million and $2,280.0 million for the years ended December 31, 2019, 2018 and 2017, respectively.
(4) Total long-lived assets represent total assets excluding total current assets, deferred tax assets, goodwill, intangible assets and non-current assets held for sale.
Table:
 |  | Year Ended December 31, | 
(In millions) | 2019 | 2018 | 2017
Net sales(1)(2): |  |  | 
North America(3) | $ 2,828.1 | $ 2,734.9 | $ 2,591.5
EMEA | 1,010.4 | 1,038.5 | 983.4
South America | 233.8 | 229.5 | 231.8
APAC | 718.8 | 729.8 | 654.9
Total | $ 4,791.1 | $ 4,732.7 | $ 4,461.6
Total long-lived assets(1)(2)(4): |  |  | 
North America | $ 919.3 | $ 740.5 | 
EMEA | 345.8 | 270.5 | 
South America | 50.2 | 52.8 | 
APAC | 248.3 | 211.8 | 
Total | $ 1,563.6 | $ 1,275.6 | 


Question: What is the growth rate of total net sales for 2018 to 2019?
Answer: 1.23
Calculation: (4,791.1-4,732.7)/4,732.7
3.4 FINANCIAL EXPENSE
(1) Fiscal 2018 was restated to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Discontinued operations" section.
Fiscal 2019 financial expense decreased by 5.4% mainly due to:
• the reimbursement at maturity of the Senior Secured Notes Series B on October 1, 2018; • the reimbursements of $65 million and US$35 million under the Canadian Revolving Facility during the second quarter of fiscal 2019 and of US$328 million during the third quarter of fiscal 2019 following the sale of Cogeco Peer 1; and
• early reimbursement of the US$400 million Senior Unsecured Notes during the third quarter of fiscal 2018 which resulted in a $6.2 million redemption premium and the write-off of the unamortized deferred transaction costs of $2.5 million; partly offset by • higher interest cost on the First Lien Credit Facilities resulting from the full year impact of the financing of the MetroCast acquisition; and • the appreciation of the US dollar against the Canadian dollar compared to the prior year.
Table:
Years ended August 31, | 2019 | 2018 (1) | Change
(in thousands of dollars, except percentages) | $ | $ | %
Interest on long-term debt | 176,798 | 179,680 | (1.6)
Net foreign exchange gains | (2,744) | (2,134) | 28.6
Amortization of deferred transaction costs | 1,836 | 1,884 | (2.5)
Capitalized borrowing costs | (690) | (2,074) | (66.7)
Other | 302 | 8,100 | (96.3)
 | 175,502 | 185,456 | (5.4)


Question: What was the reimbursement amount under the Canadian Revolving Facility during the second quarter of 2019?
Answer: $65 million and US$35 million
(12) Basic and Diluted Net Loss per Share
Basic net loss per common share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potential dilutive shares of common stock. Basic and diluted net loss per share of common stock were the same for all periods presented as the impact of all potentially dilutive securities outstanding was anti-dilutive. The Company uses the if converted method for calculating any potential dilutive effect on diluted loss per share.
The following common equivalent shares were excluded from the diluted net loss per share calculation because their inclusion would have been anti-dilutive:
In connection with the issuance of the 2024 Notes in December 2019, the Company paid $44.9 million to enter into capped call option agreements to reduce the potential dilution to holders of the Company’s common stock upon conversion of the 2024 Notes. In connection with the issuance of the 2022 Notes in November 2017, the Company paid $12.9 million to enter into capped call option agreements to reduce the potential dilution to holders of the Company’s common stock upon conversion of the 2022 Notes.
In December 2019, the Company partially terminated capped call options related to the 2022 Notes and received $5.8 million. The capped call option agreements are excluded from the calculation of diluted net loss per share attributable to common stockholders as their effect is antidilutive.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Convertible senior notes | 6,733,914 | 3,411,199 | 3,411,199
Stock-based compensation grants | 2,038,174 | 2,562,274 | 3,268,610
Total | 8,772,088 | 5,973,473 | 6,679,809


Question: What is the average Convertible senior notes for the period December 31, 2019 to December 31, 2018?
Answer: 5072556.5
Calculation: (6,733,914+3,411,199) / 2
The following table summarizes information regarding common stock share awards granted and vested (in thousands, except per share award amounts):
As of December 31, 2019, there was $0.2 million of total unrecognized compensation costs, net of actual forfeitures, related to nonvested common stock share awards. This cost is expected to be recognized over a weighted average period of 0.8 years.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Number of share awards granted | 34 | 34 | 24
Weighted average grant-date fair value per share award | $25.41 | $27.68 | $32.93
Fair value of share awards vested | $840 | $880 | $850


Question: What was the Number of share awards granted in 2019?
Answer: 34
GasLog Ltd. and its Subsidiaries Notes to the consolidated financial statements (Continued) For the years ended December 31, 2017, 2018 and 2019 (All amounts expressed in thousands of U.S. Dollars, except share and per share data)      Investment in associates and joint venture consist of the following:
The additions of $158 relate to the investment in Gastrade (December 31, 2018: $136). On February 9, 2017, GasLog acquired a 20% shareholding in Gastrade, a private limited company licensed to develop an independent natural gas system offshore Alexandroupolis in Northern Greece utilizing an FSRU along with other fixed infrastructure. GasLog, as well as being a shareholder, will provide operations and maintenance (‘‘O&M’’) services for the FSRU through an O&M agreement which was signed on February 23, 2018.
Table:
 | Associates | 
 | 2018 | 2019
As of January 1, | 20,800 | 20,713
Additions | 136 | 158
Share of profit of associates | 1,800 | 1,627
Dividend declared | (2,023) | (878)
As of December 31, | 20,713 | 21,620


Question: In which year was the dividend declared higher?
Answer: 2018
Calculation: (2,023) > (878)
Operating Segment Results
Currently, we have three reportable segments—Activision, Blizzard, and King. Our operating segments are consistent with the manner in which our operations are reviewed and managed by our Chief Executive Officer, who is our chief operating decision maker (“CODM”). The CODM reviews segment performance exclusive of: the impact of the change in deferred revenues and related cost of revenues with respect to certain of our online-enabled games; share-based compensation expense; amortization of intangible assets as a result of purchase price accounting; fees and other expenses (including legal fees, expenses, and accruals) related to acquisitions, associated integration activities, and financings; certain restructuring and related costs; and certain other non-cash charges. The CODM does not review any information regarding total assets on an operating segment basis, and accordingly, no disclosure is made with respect thereto.
Our operating segments are also consistent with our internal organizational structure, the way we assess operating performance and allocate resources, and the availability of separate financial information. We do not aggregate operating segments.
Information on the reportable segment net revenues and segment operating income are presented below (amounts in millions):
(1) Intersegment revenues reflect licensing and service fees charged between segments.
Table:
 |  |  |  | For the Year Ended December 31, 2018
 | Activision | Blizzard | King | Total
Segment Revenues |  |  |  | 
Net revenues from external customers | $2,458 | $2,238 | $2,086 | $6,782
Intersegment net revenues (1) | — | 53 | — | 53
Segment net revenues | $2,458 | $2,291 | $2,086 | $6,835
Segment operating income | $1,011 | $685 | $750 | $2,446


Question: What is the total Segment net revenues?
Answer: $6,835