hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Veradigm
Our Veradigm segment derives its revenue from the provision of data-driven clinical insights with actionable tools for clinical workflow, research, analytics and media. Its solutions, targeted at key healthcare stakeholders, help improve the quality, efficiency and value of healthcare delivery – from biopharma to health plans, healthcare providers and patients, and health technology partners, among others.
Year Ended December 31, 2019 Compared with the Year Ended December 31, 2018
Veradigm revenue increased during the year ended December 31, 2019 compared with the prior year comparable period due to an increase in organic sales. Gross profit and income from operations increased for during the year ended December 31, 2019 due to an increase in organic sales and cost reductions partially offset with headcount growth and hosting migration costs. The acquisition of Practice Fusion during the first quarter of 2018 also contributed to the increases.
Gross margin and operating margin decreased during the year ended December 31, 2019, compared with the prior year comparable period, primarily due to (i) an increase in hosting migration costs, (ii) costs associated with recent acquisitions, (iii) headcount growth and (iv) partially offset with other cost reductions.
Year Ended December 31, 2018 Compared with the Year Ended December 31, 2017
Veradigm revenue, gross profit, gross margin and income from operations increased during the year ended December 31, 2018 compared with the prior year comparable period primarily due to the acquisition of Practice Fusion during the first quarter of 2018. Operating margin decreased during 2018 primarily due to higher personnel costs related to incremental resources from the Practice Fusion acquisition and to support anticipated new hosting client golives.
Table:
 |  |  | Year Ended December 31, |  | 
(In thousands) | 2019 | 2018 | 2017 | 2019 % Change from 2018 | 2018 % Change from 2017
Revenue | $161,216 | $140,326 | $69,879 | 14.9% | 100.8%
Gross profit | $104,896 | $100,708 | $43,817 | 4.2% | 129.8%
Gross margin % | 65.1% | 71.8% | 62.7% |  | 
Income from operations | $43,996 | $43,641 | $23,816 | 0.8% | 83.2%
Operating margin % | 27.3% | 31.1% | 34.1% |  | 


Question: What is the change in Revenue between 2019 and 2017?
Answer: 91337
Calculation: 161,216-69,879
In fiscal 2019, 2018, and 2017, the Company recorded charges of $5.1 million, $3.4 million, and $1.2 million, respectively, reflecting the year-end write-off of actuarial losses in excess of 10% of our pension liability.
The Company recorded an expense of $0.3 million (primarily within restructuring activities), $0.6 million (primarily within restructuring activities), and $4.0 million ($2.1 million was recorded in discontinued operations and $1.9 million was recorded in restructuring activities) during fiscal 2019, 2018, and 2017, respectively, related to our expected incurrence of certain multi-employer plan withdrawal costs.
Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss) were:
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)
Table:
 | Pension Benefits |  | Other Benefits | 
 | 2019 | 2018 | 2019 | 2018
Net actuarial gain (loss) | $(72.1) | $120.0 | $25.1 | $16.8
Amendments | (1.4) | (0.6) | 0.8 | 17.2
Amortization of prior service cost (benefit) . | 3.1 | 2.9 | (2.2) | (3.4)
Settlement and curtailment loss (gain) . | — | 2.0 | (1.6) | —
Recognized net actuarial loss (gain) | 5.1 | 3.4 | (1.4) | —
Net amount recognized . | $(65.3) | $127.7 | $20.7 | $30.6


Question: What is the breakdown of $4.0 million expense during fiscal 2017 that was related to expected incurrence of certain multi-employer plan withdrawal costs?
Answer: $2.1 million was recorded in discontinued operations and $1.9 million was recorded in restructuring activities
Earnings Per Share
Calculations of net income per common share attributable to ON Semiconductor Corporation are as follows (in millions, except per share data):
Basic income per common share is computed by dividing net income attributable to ON Semiconductor Corporation by the weighted average number of common shares outstanding during the period.
To calculate the diluted weighted-average common shares outstanding, the number of incremental shares from the assumed exercise of stock options and assumed issuance of shares relating to RSUs is calculated by applying the treasury stock method. Share-based awards whose impact is considered to be anti-dilutive under the treasury stock method were excluded from the diluted net income per share calculation.
The excluded number of anti-dilutive share-based awards was approximately 0.8 million, 0.6 million and 0.2 million for the years ended December 31, 2019, 2018 and 2017, respectively.
The dilutive impact related to the Company’s 1.00% Notes and 1.625% Notes is determined in accordance with the net share settlement requirements, under which the Company’s convertible notes are assumed to be convertible into cash up to the par value, with the excess of par value being convertible into common stock.
Additionally, if the average price of the Company’s common stock exceeds $ 25.96 per share, with respect to the 1.00% Notes, or $30.70 per share, with respect to the 1.625% Notes, during the relevant reporting period, the effect of the additional potential shares that may be issued related to the warrants that were issued concurrently with the issuance of the convertible notes will also be included in the calculation of diluted weighted-average common shares outstanding.
Prior to conversion, the convertible note hedges are not considered for purposes of the earnings per share calculations, as their effect would be anti-dilutive. Upon conversion, the convertible note hedges are expected to offset the dilutive effect of the 1.00% Notes and 1.625% Notes, respectively, when the stock price is above $18.50 per share, with respect to the 1.00% Notes, and $20.72 per share, with respect to the 1.625% Notes.
Table:
 |  | Year ended December 31, | 
 | 2019 | 2018 | 2017
Net income attributable to ON Semiconductor Corporation | $211.7 | $627.4 | $810.7
Basic weighted average common shares outstanding | 410.9 | 423.8 | 421.9
Add: Incremental shares for: |  |  | 
Dilutive effect of share-based awards | 1.9 | 4.3 | 5.5
Dilutive effect of convertible notes | 3.2 | 7.8 | 0.9
Diluted weighted average common shares outstanding | 416.0 | 435.9 | 428.3
Net income per common share attributable to ON Semiconductor Corporation: |  |  | 
Basic | $0.52 | $1.48 | $1.92
Diluted | $0.51 | $1.44 | $1.89


Question: What is the change in Basic weighted average common shares outstanding from year ended December 31, 2018 to 2019?
Answer: -12.9
Calculation: 410.9-423.8
NAVIOS MARITIME HOLDINGS INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Expressed in thousands of U.S. dollars — except share data)
Chartered-out vessels, barges and pushboats:
The future minimum revenue, net of commissions, (i) for dry bulk vessels, expected to be earned on non-cancelable time charters; and (ii) for the Company’s logistics business, expected to be earned on non-cancelable time charters, COA’s with minimum guaranteed volumes and contracts with minimum guaranteed throughput in Navios Logistics’ ports expected to be earned on non-cancelable time charters, are as follows:
Revenues from time charters are not generally received when a vessel is off-hire, which includes time required for scheduled maintenance of the vessel.
Table:
 | Dry bulk vessels | Logistics business
2020 | 22,266 | 129,437
2021 | 4,607 | 97,544
2022 | 3,445 | 75,425
2023 | — | 69,250
2024 | — | 60,200
2025 and thereafter | — | 642,479
Total minimum revenue, net of commissions | $30,318 | $1,074,335


Question: What was the future minimum revenue for dry bulk vessels in 2020?
Answer: 22,266
17. Quarterly Financial Data (Unaudited)
The following is summarized quarterly financial data for fiscal 2019 and 2018 (in thousands, except per share amounts):
(1) The annual total amounts may not equal the sum of the quarterly amounts due to rounding. Earnings per share is computed independently for each quarter.
(2) The first quarter of fiscal 2019 results included $7.0 million of tax expense as a result of new regulations issued in November 2018 under Tax Reform. These regulations impacted the treatment of foreign taxes paid.
(3) The fourth quarter of fiscal 2019 results included restructuring costs of $1.7 million, $1.5 million net of taxes.
(4) The fourth quarter of fiscal 2019 results included the permanent reinvestment assertion of $10.5 million of certain historical undistributed earnings of two foreign subsidiaries.
(7) The first quarter of fiscal 2019 included $0.23 per share of tax expense as a result of U.S. Tax Reform. The fourth quarter of fiscal 2019 included $0.05 per share of expense related to restructuring costs and $0.35 per share tax benefit resulting from the permanent reinvestment assertion of certain historical undistributed earnings of two foreign subsidiaries.
Table:
2019 | First
Quarter | Second Quarter | Third Quarter | Fourth Quarter | Total
Net sales  | $765,544 | $789,051 | $799,644 | $810,195 | $3,164,434
Gross profit  | 72,383 | 70,636 | 71,030 | 77,789 | 291,838
Net income (2,3,4)  | 22,226 | 24,758 | 24,801 | 36,831 | 108,616
Earnings per share (1):           |  |  |  |  | 
Basic  | $0.71 | $0.81 | $0.83 | $1.26 | $3.59
Diluted (7)  | $0.69 | $0.79 | $0.81 | $1.23 | $3.50


Question: What was the change in the gross profit between the first and second quarter?
Answer: -1747
Calculation: 70,636-72,383
13. Intangible assets continued
Goodwill has been allocated to three CGUs, which align with the reportable operating segments, as follows:
Table:
 | 2019 | 2018
 | $ million | $ million
Networks & Security | 73.4 | 72.0
Lifecycle Service Assurance | 37.6 | 37.6
Connected Devices | 46.1 | 46.1
 | 157.1 | 155.7


Question: What has Goodwill been allocated to?
Answer: three CGUs, which align with the reportable operating segments
A reconciliation of the beginning and ending balance of unrecognized tax benefits is as follows:
Included in the total unrecognized tax benefits at December 31, 2019, 2018 and 2017 is $2.4 billion, $2.3 billion and $1.9 billion, respectively, that if recognized, would favorably affect the effective income tax rate.
Table:
 |  |  | (dollars in millions)
 | 2019 | 2018 | 2017
Balance at January 1, | $ 2,871 | $2,355 | $ 1,902
Additions based on tax positions related to the current year | 149 | 160 | 219
Additions for tax positions of prior years | 297 | 699 | 756
Reductions for tax positions of prior years | (300) | (248) | (419)
Settlements | (58) | (40) | (42)
Lapses of statutes of limitations | (89) | (55) | (61)
Balance at December 31, | $ 2,870 | $ 2,871 | $ 2,355


Question: What was the average settlements for 2017-2019?
Answer: -46.67
Calculation: -(58 + 40 + 42) / 3
NOTE 9 – FINANCIAL ITEMS
¹⁾ Interest for financial assets and liabilities not at fair value through profit and loss.
Table:
USDm | 2019 | 2018 | 2017
Financial income |  |  | 
Interest income from cash and cash equivalents, including restricted cash ¹⁾ | 2.5 | 2.7 | 1.6
Exchange rate adjustments, including gain from forward exchange rate contracts | 0.3 | 0.6 | 2.7
Total | 2.8 | 3.3 | 4.3
Financial expenses |  |  | 
Interest expenses on mortgage and bank debt ¹⁾ | 39.3 | 35.7 | 33.3
Exchange rate adjustments, including loss from forward exchange rate contracts | 0.2 | 0.1 | 3.2
Commitment fee | 1.9 | 2.6 | 2.4
Other financial expenses | 0.5 | 0.9 | 1.7
Total | 41.9 | 39.3 | 40.6
Total financial items | -39.1 | -36.0 | -36.3


Question: What is the amount of total financial items in 2019?
Answer: -39.1
2 Alternative performance measures continued
Cash generation
Cash generation is one of the Group’s key performance indicators used by the Board to monitor the performance of the Group and measure the successful implementation of our strategy. It is one of three financial measures on which Executive Directors’ variable remuneration is based.
Cash generation is adjusted operating profit after adding back depreciation and amortisation (excluding IFRS 16 depreciation), less cash payments to pension schemes in excess of the charge to operating profit, equity settled share plans and working capital changes.
Table:
 | 2019 | 2018
 | £m | £m
Adjusted operating profit | 282.7 | 264.9
Depreciation and amortisation (excluding IFRS16 depreciation) | 34.3 | 32.9
Cash payments to pension schemes in excess of charge to P&L | (5.2) | (4.6)
Equity settled share plans | 6.2 | 5.7
Working capital changes | (21.4) | (22.5)
Cash generation | 296.6 | 276.4


Question: How is cash generation data used by the Board?
Answer: key performance indicators used by the Board to monitor the performance of the Group and measure the successful implementation of our strategy. It is one of three financial measures on which Executive Directors’ variable remuneration is based
Cash Flows
The following table summarizes our cash flows for the periods indicated:
Operating Activities
Our primary source of cash from operating activities has been cash collections from our customers. We expect cash inflows from operating activities to be primarily affected by increases in total bookings. Our primary uses of cash from operating activities have been for domain registration costs paid to registries, software licensing fees related to third-party email and productivity solutions, personnel costs, discretionary marketing and advertising costs, technology and development costs and interest payments. We expect cash outflows from operating activities to be affected by the timing of payments we make to registries and increases in personnel and other operating costs as we continue to grow our business and increase our international presence.
Net cash provided by operating activities increased $163.6 million from $559.8 million in 2018 to $723.4 million in 2019, primarily driven by our bookings growth as well as increased interest income.
Investing Activities
Our investing activities primarily consist of strategic acquisitions and purchases of property and equipment to support the overall growth of our business and our increased international presence. We expect our investing cash flows to be affected by the timing of payments we make for capital expenditures and the strategic acquisition or other growth opportunities we decide to pursue.
Net cash used in investing activities decreased $119.5 million from $254.8 million in 2018 to $135.3 million in 2019, primarily due to a $106.9 million decrease in business acquisitions.
Financing Activities
Our financing activities primarily consist of long-term debt borrowings, the repayment of principal on long-term debt, stock option exercises and share repurchases.
Net cash from financing activities decreased $503.9 million from $47.0 million provided in 2018 to $456.9 million used in 2019, primarily resulting from $458.6 million of share repurchases in 2019, a $44.4 million increase in acquisition contingent consideration payments and $13.2 million of financing-related costs paid in 2019.
Table:
 | Year Ended December 31, |  | 
 | 2019 | 2018 | 2017
Net cash provided by operating activities | $723.4 | $559.8 | $475.6
Net cash used in investing activities | (135.3) | (254.8) | (1,570.1)
Net cash provided by (used in) financing activities | (456.9) | 47.0 | 1,107.5
Effect of exchange rate changes on cash and cash equivalents | (0.8) | (2.3) | 3.6
Net increase in cash and cash equivalents | $130.4 | $349.7 | $16.6


Question: What is the net cash provided by operating activities for year ended 2018?
Answer: $559.8
Note 16. Accrued Employee Compensation and Benefits
Accrued employee compensation and benefits consisted of the following (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Accrued compensation | $38,186 | $34,095
Accrued bonus and commissions | 27,039 | 19,835
Accrued vacation | 20,647 | 19,019
Accrued employment taxes | 16,468 | 15,598
Accrued severance and related costs (Note 5) | 485 | 793
Other | 6,766 | 6,473
 | $109,591 | $95,813


Question: What was the change in Accrued severance and related costs in 2019 from 2018?
Answer: -308
Calculation: 485-793
Cost of Revenues and Gross Margin
Subscription cost of revenues and gross margin. Cost of subscriptions revenues increased by $50.9 million, or 46%, during fiscal year 2019 as compared to fiscal year 2018. Primary drivers of the increase were increases in third-party costs to support our solution offerings of $21.5 million, infrastructure support costs of $19.8 million including amortization expense from acquired intangible assets, and headcount and personnel and contractor related costs of $9.6 million including share-based compensation expense. These factors resulted in a decrease in gross margin.
The increase in headcount and other expense categories described herein was driven primarily by investments in our infrastructure and capacity to improve the availability of our subscription offerings, while also supporting the growth in new customers and increased usage of our subscriptions by our existing customer base. We expect subscription gross margin to be within a relatively similar range in the future.
Other cost of revenues and gross margin. Cost of other revenues increased by $23.0 million, or 48%, during fiscal year 2019 as compared to fiscal year 2018. This was primarily due to the increase in services personnel costs of $11.1 million including share-based compensation expense, cost of product sales of $10.6 million, and overhead costs of $1.3 million. Other revenues gross margin fluctuates based on timing of completion of professional services projects and discounting on phones.
Table:
 | Year ended December 31, |  |  |  | Year ended December 31, |  |  | 
(in thousands, except percentages) | 2019 | 2018 | $ Change | % Change | 2018 | 2017 | $ Change | % Change
Cost of revenues |  |  |  |  |  |  |  | 
Subscriptions | $160,320 | $109,454 | $50,866 | 46% | $109,454 | $89,193 | $20,261 | 23%
Other | 70,723 | 47,675 | 23,048 | 48% | 47,675 | 32,078 | 15,597 | 49%
Total cost of revenues | $231,043 | $157,129 | $73,914 | 47% | $157,129 | $121,271 | $35,858 | 30%
Percentage of revenues |  |  |  |  |  |  |  | 
Subscriptions | 18% | 16% |  |  | 16% | 18% |  | 
Other | 8% | 7% |  |  | 7% | 6% |  | 
Gross margins |  |  |  |  |  |  |  | 
Subscriptions | 80% | 82% |  |  | 82% | 81% |  | 
Other | 17% | 22% |  |  | 22% | 16% |  | 
Total gross margin % | 74% | 77% |  |  | 77% | 76% |  | 


Question: What caused the increased in headcount and other expense?
Answer: investments in our infrastructure and capacity to improve the availability of our subscription offerings, while also supporting the growth in new customers and increased usage of our subscriptions by our existing customer base
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 18 — Income Taxes
Earnings before income taxes consist of the following:
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
U.S. | $15,103 | $30,815 | $9,315
Non-U.S. | 35,163 | 27,288 | 30,938
Total | $50,266 | $58,103 | $40,253


Question: Which years does the table provide information for Earnings before income taxes?
Answer: 2019, 2018, 2017
The following is a tabular reconciliation of the total amounts of unrecognized tax benefits (excluding interest and penalties):
Included in the balance of unrecognized tax benefits as of December 31, 2019 and 2018 are $2,495 and $220, respectively, of tax benefits that, if recognized would affect the effective tax rate.
The Company records interest and penalties on unrecognized tax benefits in its provision for income taxes. Accrued interest and penalties are included within the related liability for unrecognized tax benefit line on the consolidated balance sheets. During the years ended December 31, 2019 and 2018, the Company accrued interest of $114 and $0, respectively, and recorded liabilities for interest and penalties of $252 and $0, respectively.
After taking into consideration tax attributes, such as net operating loss carryforwards and interest, the Company’s unrecognized tax benefits represent a noncurrent reserve for uncertain tax positions of $864 and $220 as of December 31, 2019 and 2018, respectively.
The U.S. Internal Revenue Service completed exams on the Company's U.S. federal income tax returns for years 2012 - 2015. With few exceptions, the Company is no longer subject to state and local income tax examinations by tax authorities for years before 2015. The Company conducts business and files income tax returns in numerous states. Currently, one of the Company's state tax returns is under examination by a state as part of routine audits conducted in the ordinary course of business.
The future utilization of state net operating losses could potentially subject the Company to state examinations prior to the otherwise applicable statute of limitation. States vary in carryforward periods but generally extend up to 20 years or a period consistent with the federal limits under the Tax Cuts and Jobs Act.
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Balance of unrecognized tax benefits as of January 1, | $1,226 | $37,240
Increases for positions taken in prior years | 1,353 | 657
Rate change | (84) | —
Amount of decreases related to settlements | — | (36,671)
Balance of unrecognized tax benefits as of December 31, | $2,495 | $1,226


Question: What was the Balance of unrecognized tax benefits as of December 31, 2019?
Answer: $2,495