hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Product Licensing Segment
(1) Excludes operating expenses which are not allocated on a segment basis.
Product Licensing revenue for the year ended December 31, 2019 was $198.1 million as compared to $219.7 million for the year ended December 31, 2018, a decrease of $21.6 million. The decrease in revenue was primarily due to the timing and duration of minimum guarantee contracts up for renewal and executed, decreased NRE services revenue, as well as a decrease in per-unit royalty revenue in 2019 as compared to 2018.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Revenue: |  |  | 
Royalty and license fees | $198,124 | $219,708 | $167,923
Total revenue | 198,124 | 219,708 | 167,923
Operating expenses: |  |  | 
Cost of revenues | 8,460 | 13,291 | 6,308
Research, development and other related costs | 83,613 | 78,892 | 75,809
Litigation | 1,656 | — | 288
Amortization | 88,075 | 88,544 | 90,340
Total operating expenses (1) | 181,804 | 180,727 | 172,745
Total operating income (loss) | $16,320 | $38,981 | $(4,822)


Question: What is the overall proportion of litigation and amortization expense over the total operating expense in 2019?
Answer: 0.49
Calculation: (1,656+88,075)/181,804
A summary of options outstanding and vested as of December 31, 2019 is as follows:
The total intrinsic value of options exercised during 2019, 2018, and 2017 was $318.5 million, $17.4 million, and $6.6 million, respectively.
The weighted average grant date fair value of options granted during the years ended December 31, 2019, 2018, and 2017, was $19.80, $9.07, and $6.44 per share, respectively. During the year ended December 31, 2019, 2,141,078 options vested. There were 2,939,947 options unvested as of December 31, 2019.
As of December 31, 2019, $30.3 million of total unrecognized compensation cost related to stock options was expected to be recognized over a weighted average period of approximately 2.5 years.
Table:
 | Options Outstanding |  | Options Vested and Exercisable | 
Exercise Prices | Number Outstanding | Weighted Average Life (in Years) | Number Vested and Exercisable | Weighted Average Life (in Years)
$1.50 to $1.90 | 32,913 | 1.4 | 32,913 | 1.4
2.86 to 6.40 | 209,126 | 3.3 | 209,126 | 3.3
8.04 to 11.72 | 498,869 | 4.2 | 498,869 | 4.2
12.20 to 15.06 | 2,227,421 | 6.7 | 1,587,924 | 6.5
16.06 to 24.00 | 1,772,062 | 8.1 | 560,632 | 8.1
31.99 to 42.21 | 847,010 | 9.0 | 42,839 | 8.7
55.10 to 79.25 | 297,341 | 9.5 | 12,492 | 9.3
 | 5,884,742 |  | 2,944,795 | 


Question: What is the number of outstanding options with an exercise price of between 12.20 to 15.06 as a percentage of the total number of outstanding options?
Answer: 37.85
Calculation: 2,227,421/5,884,742
Notes:
(1) Mobile penetration rate, market share and market position pertained to India market only.
(2) Based on number of mobile customers.
(3) Compared against 31 March 2018 and based on aggregate mobile customers.
Table:
 | Telkomsel | AIS | Airtel (1) | Globe
Country mobile penetration rate | 123% | 139% | 90% | 138%
Market share, 31 March 2019 (2) | 51.1% | 45.2% | 28.0% | 56.6%
Market share, 31 March 2018 (2) | 48.5% | 44.8% | 25.7% | 52.1%
Market position (2) | #1 | #1 | #2 | #1
Mobile customers (‘000) |  |  |  | 
- Aggregate | 168,642 | 41,491 | 384,078 | 83,490
- Proportionate | 59,025 | 9,676 | 144,770 | 39,307
Growth in mobile customers (3) (%) | -13% | 3.6% | -2.9% | 32%


Question: What is the market position of AIS?
Answer: #1
The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition.
The amount recorded for developed technology represents the estimated fair value of Trello’s project management and organization technology. The amount recorded for customer relationships represents the fair values of the underlying relationship with Trello customers.
Table:
 | Fair Value | Useful Life
 | (U.S. $ in thousands) | (years)
Developed technology | $50,600 | 3
Customer relationships | 56,900 | 2
Trade names | 19,900 | 3
Total intangible assets subject to amortization | $127,400 | 


Question: What does the amount recorded for customer relationships represent?
Answer: The fair values of the underlying relationship with Trello customers
Benefit for Income Taxes
Our benefit for income taxes includes U.S. federal, state and foreign income taxes. The domestic and foreign components of our income from continuing operations before income taxes were as follows:
Table:
 | Year Ended December 31, |  | 
 | 2019 | 2018 | 2017
U.S. | $176.4 | $138.9 | $180.6
Foreign | (50.0) | (65.9) | (73.8)
Incomefromcontinuingoperationsbeforeincometaxes | $126.4 | $73.0 | $106.8


Question: What does benefit for income taxes include?
Answer: U.S. federal, state and foreign income taxes
transfer agent and registrar for common stock the transfer agent and registrar for our common stock is : computershare shareowner services llc 480 washington boulevard 29th floor jersey city , new jersey 07310 telephone : ( 877 ) 363-6398 sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2014 to december 31 , 2014 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 .

Table:
 | total number ofshares ( or units ) purchased1 | average price paidper share ( or unit ) 2 | total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3 | maximum number ( or approximate dollar value ) of shares ( or units ) that mayyet be purchased under theplans or programs3
october 1 - 31 | 5854930 | $ 18.93 | 5849517 | $ 159819370
november 1 - 30 | 4266 | $ 20.29 | 2014 | $ 159819370
december 1 - 31 | 826744 | $ 19.67 | 826639 | $ 143559758
total | 6685940 | $ 19.02 | 6676156 | 
1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) .
we repurchased 5413 withheld shares in october 2014 , 4266 withheld shares in november 2014 and 105 withheld shares in december 2014 .
2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our stock repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our stock repurchase program .
3 in february 2014 , the board authorized a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2014 share repurchase program 201d ) .
on february 13 , 2015 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock .
the new authorization is in addition to any amounts remaining available for repurchase under the 2014 share repurchase program .
there is no expiration date associated with the share repurchase programs. .

Question: what was the total amount of share repurchase authorized in 2015 and 2014 by the board in milions
Answer: 600
Calculation: add(300.0, 300.0)
30. EMPLOYEE BENEFIT PLANS (cont.)
The above sensitivities are hypothetical and should be used with caution. Changes in amounts based on a one percent variation in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in amounts may not be linear. The sensitivities have been calculated independently of changes in other key variables. Changes in one factor may result in changes in another, which could amplify or reduce certain sensitivities.
The Company expects to make contributions of $5.1 million to the defined benefit plans and $0.6 million to the defined contribution plan of Telesat Canada during the next fiscal year.
Table:
 | Pension |  | Other | 
As at December 31, 2018 | 1% increase | 1% decrease | 1% increase | 1% decrease
Discount rate | $(39,145) | $49,361 | $(2,471) | $3,224
Future salary growth | $7,572 | $(6,919) | N/A | N/A
Medical and dental trend rates | N/A | N/A | $1,703 | $(1,280)


Question: How much does the company expect to make contributions to to the defined benefit plans and the defined contribution plan respectively during the next fiscal year?
Answer: $5.1 million, $0.6 million
Cash, Cash Equivalents and Restricted cash — Cash and cash equivalents consist of cash and highly liquid shortterm investments, primarily held in non-interest-bearing investments which have original maturities of less than 90 days. Cash and cash equivalents in the amount of $127.2 million and $128.7 million at December 31, 2019 and 2018, respectively, were primarily held in non-interest-bearing accounts. Cash and cash equivalents of $125.3 million and $115.7 million at December 31, 2019 and 2018, respectively, were held in international operations. Most of these funds will not be subject to additional taxes if repatriated to the United States. There are circumstances where the Company may be unable to repatriate some of the cash and cash equivalents held by its international operations due to country restrictions.
Restricted cash includes cash whereby the Company’s ability to use the funds at any time is contractually limited or is generally designated for specific purposes arising out of certain contractual or other obligations.
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported in the Consolidated Balance Sheets that sum to the amounts reported in the Consolidated Statements of Cash Flows (in thousands):
Table:
 |  | December 31, |  | 
 | 2019 | 2018 | 2017 | 2016
Cash and cash equivalents | $127,246 | $128,697 | $343,734 | $266,675
Restricted cash included in "Other current assets" | 568 | 149 | 154 | 160
Restricted cash included in "Deferred charges and other assets" | 1,371 | 1,385 | 917 | 759
 | $129,185 | $130,231 | $344,805 | $267,594


Question: What was the percentage change in Restricted cash included in "Deferred charges and other assets" in 2017 from 2016?
Answer: 20.82
Calculation: (917-759)/759
stock price performance the following graph shows a comparison of the cumulative total return on our common stock , the standard & poor 2019s 500 index and the standard & poor 2019s retail index . the graph assumes that the value of an investment in our common stock and in each such index was $ 100 on december 31 , 2011 , and that any dividends have been reinvested . the comparison in the graph below is based solely on historical data and is not intended to forecast the possible future performance of our common stock . comparison of cumulative total return among advance auto parts , inc. , s&p 500 index and s&p retail index company/index december 31 , december 29 , december 28 , january 3 , january 2 , december 31 .

Table:
company/index | december 31 2011 | december 29 2012 | december 28 2013 | january 3 2015 | january 2 2016 | december 31 2016
advance auto parts | $ 100.00 | $ 102.87 | $ 158.46 | $ 228.88 | $ 217.49 | $ 244.64
s&p 500 index | 100.00 | 114.07 | 152.98 | 174.56 | 177.01 | 198.18
s&p retail index | 100.00 | 122.23 | 178.55 | 196.06 | 245.31 | 256.69
.

Question: from january 3 2015 to december 31 , how much greater was the return for s&p retail index than for advance auto parts ? ( in a percentage )
Answer: 43.9%
Calculation: subtract(244.64, 228.88), subtract(256.69, 196.06), divide(#0, 228.88), divide(#1, 196.06), subtract(#3, #2)
Amounts recognized in Accumulated other comprehensive income (loss) at March 31, 2019 and 2018 consist of the following (amounts in thousands):
Although not reflected in the table above, the tax effect on the pension balances was $2.4 million and $2.3 million as of March 31, 2019 and 2018, respectively.
Table:
 | Pension |  | Other Benefits | 
 | 2019 | 2018 | 2019 | 2018
Net actuarial loss (gain) | $16,864 | $15,691 | $(793) | $(879)
Prior service cost | 1,325 | 1,413 | — | —
Accumulated other comprehensive (income) loss | $18,189 | $17,104 | $(793) | $(879)


Question: What was the Net actuarial loss (gain) for Other Benefits in 2018?
Answer: (879)
Transactions involving stock options issued to employees are summarized as follows:
The expected life of awards granted represents the period of time that they are expected to be outstanding. The Company determines the expected life based on historical experience with similar awards, giving consideration to the contractual terms, vesting schedules, exercise patterns and pre-vesting and post-vesting forfeitures. The Company estimates the volatility of the Company’s common stock based on the calculated historical volatility of the Company’s common stock using the share price data for the trailing period equal to the expected term prior to the date of the award. The Company bases the risk-free interest rate used in the Black-Scholes option valuation model on the implied yield currently available on U.S. Treasury zero-coupon issues with an equivalent remaining term equal to the expected life of the award. The Company has not paid any cash dividends on the Company’s common stock and does not anticipate paying any cash dividends in the foreseeable future. Consequently, the Company uses an expected dividend yield of zero in the Black-Scholes option valuation model. The Company uses historical data to estimate pre-vesting option forfeitures and records share-based compensation for those awards that are expected to vest. In accordance with ASC 718-10, the Company calculates share-based compensation for changes to the estimate of expected equity award forfeitures based on actual forfeiture experience.
Table:
 | Number of Shares | Weighted Average Exercise Price Per Share
Outstanding at January 1, 2018 | 4,376,474 | $0.16
Granted | 67,394 | 0.17
Exercised | – | –
Cancelled or expired | (1,094,075) | 0.14
Outstanding at December 31, 2018 | 3,349,793 | $0.16
Granted | – | –
Exercised | – | –
Cancelled or expired | – | –
Outstanding at December 31, 2019 | 3,349,793 | $0.16


Question: What is the percentage change in the outstanding number of shares from January 1, 2018 to December 31, 2018?
Answer: -23.46
Calculation: (3,349,793-4,376,474)/4,376,474
The following table presents cumulative items not recognized as a component of net periodic benefits expense as of December 31, 2017, items recognized as a component of net periodic benefits expense in 2018, additional items deferred during 2018 and cumulative items not recognized as a component of net periodic benefits expense as of December 31, 2017. The items not recognized as a component of net periodic benefits expense have been recorded on our consolidated balance sheets in accumulated other comprehensive loss:
(1) Amounts currently recognized in net periodic benefits expense include $375 million of benefit arising from the adoption of ASU 2018-02. See Note 1— Background and Summary of Significant Accounting Policies for further detail.
(2) Amounts currently recognized in net periodic benefits expense include $32 million arising from the adoption of ASU 2018-02. See Note 1— Background and Summary of Significant Accounting Policies for further detail.
Table:
 |  |  | As of and for the Years Ended December 31, |  | 
 | 2017 | Recognition of Net Periodic Benefits Expense | Deferrals | Net Change in AOCL | 2018
 |  |  | (Dollars in millions) |  | 
Accumulated other comprehensive loss: |  |  |  |  | 
Pension plans: |  |  |  |  | 
Net actuarial (loss) gain | $(2,892) | 179 | (260) | (81) | (2,973)
Prior service benefit (cost) | 54 | (8) | — | (8) | 46
Deferred income tax benefit (expense)(1) | 1,107 | (418) | 65 | (353) | 754
Total pension plans | (1,731) | (247) | (195) | (442) | (2,173)
Post-retirement benefit plans: |  |  |  |  | 
Net actuarial (loss) gain | (250) | — | 257 | 257 | 7
Prior service (cost) benefit | (107) | 20 | — | 20 | (87)
Deferred income tax benefit (expense)(2) | 122 | (37) | (63) | (100) | 22
Total post-retirement benefit plans | (235) | (17) | 194 | 177 | (58)
Total accumulated other comprehensive loss | $(1,966) | (264) | (1) | (265) | (2,231)


Question: What does the deferred income tax benefit (expense) under post-retirement benefit plans currently recognize? 
Answer: Amounts currently recognized in net periodic benefits expense include $32 million arising from the adoption of ASU 2018-02
Property, plant and equipment, net
Property, plant and equipment, net consisted of the following at December 31, 2019 and 2018 (in thousands):
We periodically assess the estimated useful lives of our property, plant and equipment whenever applicable facts and circumstances indicate a change in the estimated useful life of an asset may have occurred. During the year ended December 31, 2019, we revised the estimated useful lives of certain core Series 6 manufacturing equipment from 10 years to 15 years. Such revision was primarily due to the validation of certain aspects of our Series 6 module technology, including the nature of the manufacturing process, the operating and maintenance cost profile of the manufacturing equipment, and the technology’s compatibility with our long-term module technology roadmap. We expect the revised useful lives to reduce depreciation by approximately $15.0 million per year. Depreciation of property, plant and equipment was $176.4 million, $109.1 million, and $91.4 million for the years ended December 31, 2019, 2018, and 2017, respectively.
Table:
 | 2019 | 2018
Land | $14,241 | $14,382
Buildings and improvements . | 664,266 | 567,605
Machinery and equipment . | 2,436,997 | 1,826,434
Office equipment and furniture . | 159,848 | 178,011
Leasehold improvements | 48,772 | 49,055
Construction in progress | 243,107 | 405,581
Property, plant and equipment, gross | 3,567,231 | 3,041,068
Accumulated depreciation . | (1,386,082) | (1,284,857)
Property, plant and equipment, net | $2,181,149 | $1,756,211


Question: What was the increase in machinery and equipment from 2018 to 2019?
Answer: 610563
Calculation: 2,436,997 - 1,826,434
The Company utilized the Black-Scholes option pricing model to value the stock options. The Company used an expected life as defined under the simplified method, which is using an average of the contractual term and vesting period of the stock options. The risk-free interest rate used for the award is based on the U.S. Treasury yield curve in effect at the time of grant. The Company accounted for forfeitures as they occur. The historical volatility was calculated based upon implied volatility of the Company's historical stock prices.
The fair value of 2019 and 2018 stock options was estimated using the Black-Scholes option pricing model with the following weighted-average assumptions:
As of December 31, 2019, there was approximately $419,000 of unrecognized stock-based compensation expense related to outstanding 2019 stock options, expected to be recognized over 3.4 and approximately $418,000 of unrecognized stock-based compensation expense related to outstanding 2018 stock options, expected to be recognized over 2.4 years. There was no unrecognized stock-based compensation expense relating stock options granted prior to 2018.
Table:
 | 2019 | 2018
Weighted-average fair value of options granted per share | $8.78 | $6.63
Historical volatility | 60% | 46%
Risk-free interest rate | 2.10% | 2.84%
Dividend yield | — | —
Expected life in years | 3.6 | 5.7


Question: Which model did the company use to value the stock options?
Answer: Black-Scholes option pricing model
GAAP Results of Operations
Key Performance Indicators* (in millions):
* excludes discontinued operations (See Note 5 of Notes to Consolidated Financial Statements).
** excludes special charges, net (See Note 5 of Notes to Consolidated Financial Statements).
1 Includes $20.0 million of income tax benefits primarily related to the reversal of valuation allowances against the Company's deferred tax assets and the
impacts of U.S. tax reform enacted in Q4 of 2017.
Table:
 |  | Years Ended December 31, |  | Change | 
 | 2019 | 2018 | 2017 | 2019 vs 2018 | 2018 vs 2017
Net sales of continuing operations |  |  |  |  | 
Consolidated net sales | $946.9 | $896.9 | $791.8 | 5.6% | 13.3%
Consolidated gross profits | $325.7 | $307.7 | $273.2 | 5.8% | 12.6%
Consolidated gross margin | 34.4% | 34.3% | 34.5% | 0.1% | (0.2)%
Consolidated SD&A costs ** | $260.4 | $245.2 | $227.2 | 6.2% | 7.9%
Consolidated SD&A costs ** as % of sales | 27.5% | 27.3% | 28.7% | 0.2% | (1.4)%
Consolidated operating income | $66.1 | $61.7 | $45.7 | 7.1% | 35.0%
Consolidated operating margin from continuing operations | 7.0% | 6.9% | 5.8% | 0.1% | 1.1%
Effective income tax rate | 24.4% | 21.3% | (44.0)% | 3.1% | 65.3%
Net income from continuing operations | $50.0 | $49.5 | 65.5 (1) | 1.0% | (24.4)%
Net margin from continuing operations | 5.3% | 5.5% | 8.3% | (0.2)% | (2.8)%
Income (loss) from discontinued operations, net of tax $ | $(1.5) | $175.2 | $(25.1) | (100.9)% | 798.0%


Question: What is the total consolidated net sales in 2019 and 2018?
Answer: 1843.8
Calculation: 946.9 +896.9
NOTE 8—INVENTORIES
Inventories consist of the following (in thousands):
At September 30, 2019, work in process and inventoried costs under long-term contracts includes approximately $5.8 million in costs incurred outside the scope of work or in advance of a contract award compared to $0.9 million at September 30, 2018. We believe it is probable that we will recover the costs inventoried at September 30, 2019, plus a profit margin, under contract change orders or awards within the next year.
Costs we incur for certain U.S. federal government contracts include general and administrative costs as allowed by government cost accounting standards. The amounts remaining in inventory at September 30, 2019 and 2018 were $0.5 million and $2.0 million, respectively.
Table:
 |  | September 30,
 | 2019 | 2018
Finished products | $10,905 | $7,099
Work in process and inventoried costs under long-term contracts | 46,951 | 63,169
Materials and purchased parts | 48,938 | 23,710
Customer advances | — | (9,779)
Net inventories | $  106,794 | $  84,199


Question: What do the costs incurred for certain U.S. federal government contracts include?
Answer: general and administrative costs as allowed by government cost accounting standards
Non-Management Director Compensation in Fiscal 2019
The non-management directors received the following compensation during fiscal 2019:
(1) This column represents the fair value of the stock award on the grant date determined in accordance with the provisions of ASC 718. As per SEC rules relating to executive compensation disclosure, the amounts shown exclude the impact of forfeitures related to service based vesting conditions. For additional information regarding assumptions made in calculating the amount reflected in this column, please refer to Note 10 to our audited consolidated financial statements, included in our Annual Report on Form 10-K for fiscal 2019.
(2) Dividend equivalent payments on unvested restricted stock.
Table:
Name | Fees Earned or Paid in Cash ($) | Stock Awards ($) (1) | Option Awards ($) | All Other Compensation ($) (2) | Total ($)
Robert D. Rosenthal | 95,000 | 40,000 | - | 25,900 | 160,900
Chad M. Lindbloom | 95,00 | 40,000 | - | 13,800 | 148,800
Paul S. Pearlman | 65,000 | 40,000 | - | 850 | 105,850
Lawrence Reinhold | 65,000 | 40,000 | - | 850 | 105,850


Question: What does stock awards refer to?
Answer: Represents the fair value of the stock award on the grant date determined in accordance with the provisions of ASC 718.