hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
entergy mississippi , inc . management's financial discussion and analysis the net wholesale revenue variance is primarily due to lower profit on joint account sales and reduced capacity revenue from the municipal energy agency of mississippi . gross operating revenues , fuel and purchased power expenses , and other regulatory charges gross operating revenues increased primarily due to an increase of $ 152.5 million in fuel cost recovery revenues due to higher fuel rates , partially offset by a decrease of $ 43 million in gross wholesale revenues due to a decrease in net generation and purchases in excess of decreased net area demand resulting in less energy available for resale sales coupled with a decrease in system agreement remedy receipts . fuel and purchased power expenses increased primarily due to increases in the average market prices of natural gas and purchased power , partially offset by decreased demand and decreased recovery from customers of deferred fuel costs . other regulatory charges increased primarily due to increased recovery through the grand gulf rider of grand gulf capacity costs due to higher rates and increased recovery of costs associated with the power management recovery rider . there is no material effect on net income due to quarterly adjustments to the power management recovery rider . 2007 compared to 2006 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges ( credits ) . following is an analysis of the change in net revenue comparing 2007 to 2006 . amount ( in millions ) .

Table:
 | amount ( in millions )
2006 net revenue | $ 466.1
base revenue | 7.9
volume/weather | 4.5
transmission revenue | 4.1
transmission equalization | 4.0
reserve equalization | 3.8
attala costs | -10.2 ( 10.2 )
other | 6.7
2007 net revenue | $ 486.9
the base revenue variance is primarily due to a formula rate plan increase effective july 2007 .
the formula rate plan filing is discussed further in "state and local rate regulation" below .
the volume/weather variance is primarily due to increased electricity usage primarily in the residential and commercial sectors , including the effect of more favorable weather on billed electric sales in 2007 compared to 2006 .
billed electricity usage increased 214 gwh .
the increase in usage was partially offset by decreased usage in the industrial sector .
the transmission revenue variance is due to higher rates and the addition of new transmission customers in late 2006 .
the transmission equalization variance is primarily due to a revision made in 2006 of transmission equalization receipts among entergy companies .
the reserve equalization variance is primarily due to a revision in 2006 of reserve equalization payments among entergy companies due to a ferc ruling regarding the inclusion of interruptible loads in reserve .

Question: what is the net change in net revenue in 2007 compare to 2006?
Answer: 20.8
Calculation: subtract(486.9, 466.1)
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)
21. Related Party Transactions
The Group had the following balances with related parties which have been included in the consolidated statements of financial position:
Current Assets
Dividends receivable and other amounts due from related parties
On June 28, 2019, GasLog transferred to Golar its 100 shares of the common capital stock of the Cool Pool Limited (Note 1). As of December 31, 2019, the receivable balance from the Cool Pool is nil.
Table:
 | As of December 31, | 
 | 2018 | 2019
Dividends receivable from associate (Note 5) | 885 | 450
Due from The Cool Pool Limited | 32,397 | —
Other receivables | 113 | 123
Total | 33,395 | 573


Question: What was the percentage change in total from 2018 to 2019?
Answer: -98.28
Calculation: (573 - 33,395)/33,395
Uncertain Tax Positions
As of December 31, 2019, 2018 and 2017, we had gross unrecognized tax benefits of $4.4 million, $4.2 million
and $3.8 million, respectively. Accrued interest expense related to unrecognized tax benefits is recognized as part of
our income tax provision in our consolidated statements of operations and is immaterial for the years ended
December 31, 2019 and 2018. Our policy for classifying interest and penalties associated with unrecognized income
tax benefits is to include such items in income tax expense.
The activity related to the unrecognized tax benefits is as follows (in thousands):
These amounts are related to certain deferred tax assets with a corresponding valuation allowance. As ofDecember 31, 2019, the total amount of unrecognized tax benefits, if recognized, that would affect the effective taxrate is $1.0 million. We do not anticipate a material change to our unrecognized tax benefits over the next twelvemonths. Unrecognized tax benefits may change during the next twelve months for items that arise in the ordinarycourse of business.
We are subject to taxation in the United States, various states, and several foreign jurisdictions. Because we havenet operating loss and credit carryforwards, there are open statutes of limitations in which federal, state and foreigntaxing authorities may examine our tax returns for all years from 2005 through the current period. We are notcurrently under examination by any taxing authorities.
Table:
 | Years Ended December 31, |  | 
 | 2019 | 2018 | 2017
Gross unrecognized tax benefits —beginning balance | $4,191 | $3,782 | $3,360
Increases (decrease) related to tax positions from prior years | (280) | (266) | (151)
Increases related to tax positions taken during current year | 530 | 675 | 573
Decreases related to tax positions taken during the current year | — | — | —
Gross unrecognized tax benefits —ending balance | $4,441 | $4,191 | $3,782


Question: What is the total increases related to tax positions taken during current year in 2018 and 2019?
Answer: 1205
Calculation: 530 + 675
Free cash flow generation
Bridge from operating income to free cash flow (illustrative)
Focus on delivering a high conversion of operating income to free cash flow of operating income to free cash flow
of operating income to free cash flow
Ongoing activities to reduce costs “below operating income”, including restructuring, financial net and tax
Striving to maintain working capital efficiency but fluctuations may impact cash flow
Planning assumption for capex is about 2% of net sales, while expected to remain above 2% in 2020 due to the new factory in the US
Ambition to over time maintain restructuring charges to around 1% of net sales
M&A will vary depending on strategic decisions but assumed to be around 1–2% of net sales
Operating margin excluding restructuring charges. All numbers are in relation to net sales.
1) Restructuring charges as reported in the income statement for each year.
Table:
 | 2018 | 2019 | Ambition
Operating margin | 4.4% | 5.0% | >12%
financial net, tax and other | -3.8% | -2.5% | -4%
+ depreciation and amortization | +3.9% | +2.9% | +3 to 4%
+ depreciation of leased assets | – | +1.1% | +1%
± change in working capital | +3.7% | +1.0% | ±0
- capex | - 2.4% | -2.8% | -2%
- leasing payment | - | -1.3% | -1%
-  restructuring costs1) | -3.8% | -0.4% | -1%
Free cash flow (before M&A) | 2.0% | 3.4% | >8%
- M&A | -0.6% | -0.7% | ~1 to -2%


Question: What is the M&A cash flow percentage in 2019?
Answer: -0.7%
2. Earnings Per Share:
Basic earnings per share are computed by dividing net earnings by the weighted average number of shares of common stock outstanding for the period. Diluted
earnings per share are computed by dividing net earnings by the sum of (a) the weighted average number of shares of common stock outstanding during the period and
(b) the dilutive effect of potential common stock equivalents during the period. Stock options and unvested service-based RSU awards make up the common stock
equivalents and are computed using the treasury stock method.
The table below represents the basic and diluted earnings per share, calculated using the weighted average number of shares of common stock and potential
common stock equivalents outstanding for the years ended March 31, 2017, 2018, and 2019:
(1) Common stock equivalents not included in the computation of diluted earnings per share because the impact would have been anti-dilutive were 1,381 shares, 1,733
shares, and 4,375 shares for the fiscal years ended March 31, 2017, 2018, and 2019, respectively.
Table:
 |  | Fiscal Year Ended March 31, | 
 | 2017 | 2018 | 2019
Net income | $125,785 | $4,910 | $271,813
Computation of Basic EPS: |  |  | 
Weighted Average Shares Outstanding used in Computing Basic EPS | 167,506 | 168,262 | 168,713
Basic earnings per share | $0.75 | $0.03 | $1.61
Computation of Diluted EPS: |  |  | 
Weighted Average Shares Outstanding used in Computing Basic EPS | 167,506 | 168,262 | 168,713
Effect of stock options | 311 | 663 | 609
Weighted Average Shares Outstanding used in Computing Diluted EPS (1) | 167,837 | 168,925 | 169,322
Diluted earnings per share | $0.75 | $0.03 | $1.61


Question: What is the net income in the fiscal year ended March 31, 2017?
Answer: $125,785
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)
Credit risk
Credit risk is the risk that a counterparty will fail to discharge its obligations and cause a financial loss and arises from cash and cash equivalents, short-term investments, favorable derivative financial instruments and deposits with banks and financial institutions, as well as credit exposures to customers, including trade and other receivables, dividends receivable and other amounts due from related parties. The Group is exposed to credit risk in the event of non-performance by any of its counterparties. To limit this risk, the Group currently deals primarily with financial institutions and customers with high credit ratings.
For the year ended December 31, 2019, 70.0% of the Group’s revenue was earned from Shell (December 31, 2018 and December 31, 2017, 74.2% and 92.6%, respectively) and accounts receivable were not collateralized; however, management believes that the credit risk is partially offset by the creditworthiness of the Group’s counterparties. BG Group was acquired by Shell on February 15, 2016. This acquisition does not impact the contractual obligations under the existing charter party agreements. The Group did not experience significant credit losses on its accounts receivable portfolio during the three years ended December 31, 2019. The carrying amount of financial assets recorded in the consolidated financial statements represents the Group’s maximum exposure to credit risk. Management monitors exposure to credit risk, and they believe that there is no substantial credit risk arising from the Group’s counterparties.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit ratings assigned by international credit-rating agencies.
Table:
 | As of December 31, | 
 | 2018 | 2019
Cash and cash equivalents | 342,594 | 263,747
Short-term investments | 25,000 | 4,500
Trade and other receivables | 20,244 | 24,900
Dividends receivable and other amounts due from related parties | 33,395 | 573
Derivative financial instruments | 15,188 | 4,001


Question: What was the percentage change in derivative financial instruments from 2018 to 2019?
Answer: -73.66
Calculation: (4,001 - 15,188)/15,188
ADJUSTED NET EARNINGS AND ADJUSTED EPS
The terms adjusted net earnings and adjusted EPS do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other issuers.
We define adjusted net earnings as net earnings attributable to common shareholders before severance, acquisition and other costs, net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans, net losses (gains) on investments, early debt redemption costs and impairment charges, net of tax and NCI. We define adjusted EPS as adjusted net earnings per BCE common share.
We use adjusted net earnings and adjusted EPS, and we believe that certain investors and analysts use these measures, among other ones, to assess the performance of our businesses without the effects of severance, acquisition and other costs, net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans, net losses (gains) on investments, early debt redemption costs and impairment charges, net of tax and NCI. We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. Excluding these items does not imply they are non-recurring
The most comparable IFRS financial measures are net earnings attributable to common shareholders and EPS.
The following table is a reconciliation of net earnings attributable to common shareholders and EPS to adjusted net earnings on a consolidated basis and per BCE common share (adjusted EPS), respectively.
Table:
 | 2019 |  | 2018 | 
 | TOTAL | PER SHARE | TOTAL | PER SHARE
Net earnings attributable to common shareholders | 3,040 | 3.37 | 2,785 | 3.10
Severance, acquisition and other costs | 83 | 0.10 | 100 | 0.11
Net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans | (101) | (0.11) | 58 | 0.07
Net (gains) losses on investments | 44 | 0.05 | 47 | 0.05
Early debt redemption costs | 13 | 0.01 | 15 | 0.02
Impairment charges | 74 | 0.08 | 146 | 0.16
Adjusted net earnings | 3,153 | 3.50 | 3,151 | 3.51


Question: What is the total early debt redemption costs in 2018 and 2019?
Answer: 28
Calculation: 13+15
Comparison of 2019 and 2018
Revenue
We generate substantially all of our revenue from sales of subscriptions, including domain registrations and renewals, hosting and presence products and business applications. Our subscription terms average one year, but can range from monthly terms to multi-annual terms of up to ten years depending on the product. We generally collect the full amount of subscription fees at the time of sale, while revenue is recognized over the period in which the performance obligations are satisfied, which is generally over the contract term. Revenue is presented net of refunds, and we maintain a reserve to provide for refunds granted to customers
Domains revenue primarily consists of revenue from the sale of domain registration subscriptions, domain add-ons and aftermarket domain sales. Domain registrations provide a customer with the exclusive use of a domain during the applicable contract term. After the contract term expires, unless renewed, the customer can no longer access the domain.
Hosting and presence revenue primarily consists of revenue from the sale of subscriptions for our website hosting products, website building products, website security products and online visibility products.
Business applications revenue primarily consists of revenue from the sale of subscriptions for third-party productivity applications, email accounts, email marketing tools and telephony solutions.
The following table presents our revenue for the periods indicated:
The 12.3% increase in total revenue was driven by growth in total customers and ARPU as well as having a full year of revenue from MSH in 2019, partially offset by the impact of movements in foreign currency exchange rates. The increase in customers impacted each of our revenue lines, as the additional customers purchased subscriptions across our product portfolio.
Domains. The 10.8% increase in domains revenue was primarily driven by the increase in domains under management from 77.6 million as of December 31, 2018 to 79.6 million as of December 31, 2019, increased aftermarket domain sales and international growth
Hosting and presence. The 10.7% increase in hosting and presence revenue was primarily driven by increased revenue from our website building and website security products as well as our acquisition of MSH.
Business applications. The 20.8% increase in business applications was primarily driven by increased customer adoption of our email, productivity and telephony solutions.
Table:
 | Year Ended December 31, |  |  | 2019 to 2018 |  | 2018 to 2017 | 
 | 2019 | 2018 | 2017 | $ change | % change | $ change | % change
Domains | $ 1,351.6 | $ 1,220.3 | $ 1,057.2 | $ 131.3 | 11 % | $ 163.1 | 15 %
Hosting and presence | 1,126.5 | 1,017.6 | 847.9 | 108.9 | 11 % | 169.7 | 20 %
Business applications | 510.0 | 422.2 | 326.8 | 87.8 | 21 % | 95.4 | 29 %
Total revenue | $ 2,988.1 | $ 2,660.1 | $ 2,231.9 | $ 328.0 | 12 % | $ 428.2 | 19 %


Question: What is the domain revenue for each financial year in chronological order?
Answer: $ 1,057.2, $ 1,220.3, $ 1,351.6
NOTE 14—INCOME TAXES
Our effective tax rate represents the net effect of the mix of income earned in various tax jurisdictions that are subject to a wide range of income tax rates.
The following is a geographical breakdown of income before the provision for income taxes:
Table:
 |  | Year Ended June 30, | 
 | 2019 | 2018 | 2017
Domestic income (loss) | $269,331 | $238,405 | $110,562
Foreign income | 171,243 | 147,721 | 138,989
Income before income taxes | $440,574 | $386,126 | $249,551


Question: What does the effective tax rate represent?
Answer: net effect of the mix of income earned in various tax jurisdictions that are subject to a wide range of income tax rates
PSUs, RSUs and restricted stock
Under the 2015 Plan, awards other than stock options, including PSUs, RSUs and restricted stock, may be granted to certain employees and officers.
Under our market-based PSU program, the number of shares of common stock earned by a recipient is subject to a market condition based on ADTRAN’s relative total shareholder return against all companies in the NASDAQ Telecommunications Index at the end of a three-year performance period. Depending on the relative total shareholder return over the performance period, the recipient may earn from 0% to 150% of the shares underlying the PSUs, with the shares earned distributed upon the vesting. The fair value of the award is based on the market price of our common stock on the date of grant, adjusted for the expected outcome of the impact of market conditions using a Monte Carlo Simulation valuation method. A portion of the granted PSUs vests and the underlying shares become deliverable upon the death or disability of the recipient or upon a change of control of ADTRAN, as defined by the 2015 Plan. The recipients of the PSUs receive dividend credits based on the shares of common stock underlying the PSUs. The dividend credits vest and are earned in the same manner as the PSUs and are paid in cash upon the issuance of common stock for the PSUs.
During the first quarter of 2017, the Compensation Committee of the Board of Directors approved a one-time PSU grant of 0.5 million shares that contained performance conditions and would have vested at the end of a three-year period if such performance conditions were met. The fair value of these performance-based PSU awards was equal to the closing price of our stock on the date of grant. These awards were forfeited during the first quarter of 2020 as the performance conditions were not achieved.
The fair value of RSUs and restricted stock is equal to the closing price of our stock on the business day immediately preceding the grant date. RSUs and restricted stock vest ratably over four-year and one-year periods, respectively.
We will continue to assess the assumptions and methodologies used to calculate the estimated fair value of stock-based compensation. If circumstances change, and additional data becomes available over time, we may change our assumptions and methodologies, which may materially impact our fair value determination.
The following table is a summary of our PSUs, RSUs and restricted stock outstanding as of December 31, 2018 and 2019 and the changes that occurred during 2019:
Table:
(In thousands, except per share amounts) | Number of Shares | Weighted Average Grant Date Fair Value
Unvested PSUs, RSUs and restricted stock outstanding, December 31, 2018 | 1,570 | $18.52
PSUs, RSUs and restricted stock granted | 897 | $9.63
PSUs, RSUs and restricted stock vested | (368) | $17.23
PSUs, RSUs and restricted stock forfeited | (208) | $18.24
Unvested RSUs and restricted stock outstanding, December 31, 2019 | 1,891 | $14.58


Question: What was the number of Unvested RSUs and restricted stock outstanding in 2018?
Answer: 1,570
Note 19 Goodwill
The following table provides details about the changes in the carrying amounts of goodwill for the years ended December 31, 2019 and 2018. BCE’s groups of CGUs correspond to our reporting segments.
Table:
 | BELL WIRELESS | BELL  WIRELINE | BELL  MEDIA | BCE
Balance at January 1, 2018 | 3,032 | 4,497 | 2,899 | 10,428
Acquisitions and other | 16 | 182 | 32 | 230
Balance at December 31, 2018 | 3,048 | 4,679 | 2,931 | 10,658
Acquisitions and other | – | (6) | 15 | 9
Balance at December 31, 2019 | 3,048 | 4,673 | 2,946 | 10,667


Question: What is the percentage change in the Balance comparing January 1, 2018 and December 31, 2019 for BCE?
Answer: 2.29
Calculation: (10,667-10,428)/10,428
Consolidated Statements of Comprehensive Income (Loss)
(Amounts in thousands)
(1) Fiscal years ended March 31, 2018 and 2017 adjusted due to the adoption of ASC 606.
(2) Fiscal year ended March 31, 2018 adjusted due to the adoption of ASC 606.
See accompanying notes to consolidated financial statements.
Table:
 |  | Fiscal Years Ended March 31, | 
 | 2019 | 2018 | 2017
Net income (1) | $206,587 | $254,127 | $47,157
Other comprehensive income (loss), net of tax: |  |  | 
Foreign currency translation gains (losses) (2) | (24,065) | 35,271 | (15,284)
Defined benefit pension plans | (927) | 167 | 163
Defined benefit post-retirement plan adjustments | (86) | (255) | 20
Equity interest in investee’s other comprehensive income (loss) | (11) | 5,584 | 1,440
Foreign exchange contracts | (588) | (1,753) | 3,274
Excluded component of fair value hedges | (2,249) | — | —
Other comprehensive income (loss) (2) | (27,926) | 39,014 | (10,387)
Total comprehensive income (1) | $178,661 | $293,141 | $36,770


Question: What was the change in Defined benefit post-retirement plan adjustments between 2017 and 2019?
Answer: -106
Calculation: -86-20
2. Inventories
Inventories as of September 28, 2019 and September 29, 2018 consisted of the following (in thousands):
In certain circumstances, per contractual terms, customer deposits are received by the Company to offset obsolete and excess inventory risks. The total amount of customer deposits related to inventory and included within current liabilities on the accompanying Consolidated Balance Sheets as of September 28, 2019 and September 29, 2018 was $136.5 million and $87.7 million, respectively.
In fiscal 2019, the Company adopted and applied Topic 606 to all contracts using the modified retrospective method of adoption. The prior year comparative information has not been restated and continues to be reported under the accounting standards in effect for fiscal 2018. Refer to Note 15, "Revenue from Contracts with Customers," for further information.
Table:
 | 2019 | 2018
Raw materials | $577,545 | $579,377
Work-in-process  | 49,315 | 102,337
Finished goods  | 74,078 | 112,632
Total inventories, net | $700,938 | $794,346


Question: Which years does the table provide information for inventories?
Answer: 2019, 2018