hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
during 2014 , $ 91 million of provision recapture was recorded for purchased impaired loans compared to $ 11 million of provision expense for 2013 . the charge-offs ( which were specifically for commercial loans greater than a defined threshold ) during 2014 were $ 42 million compared to $ 104 million for 2013 . at december 31 , 2014 , the allowance for loan and lease losses was $ .9 billion on $ 4.4 billion of purchased impaired loans while the remaining $ .5 billion of purchased impaired loans required no allowance as the net present value of expected cash flows equaled or exceeded the recorded investment . as of december 31 , 2013 , the allowance for loan and lease losses related to purchased impaired loans was $ 1.0 billion . if any allowance for loan losses is recognized on a purchased impaired pool , which is accounted for as a single asset , the entire balance of that pool would be disclosed as requiring an allowance . subsequent increases in the net present value of cash flows will result in a provision recapture of any previously recorded allowance for loan and lease losses , to the extent applicable , and/or a reclassification from non-accretable difference to accretable yield , which will be recognized prospectively . individual loan transactions where final dispositions have occurred ( as noted above ) result in removal of the loans from their applicable pools for cash flow estimation purposes . the cash flow re-estimation process is completed quarterly to evaluate the appropriateness of the allowance associated with the purchased impaired loans . activity for the accretable yield during 2014 and 2013 follows : table 72 : purchased impaired loans 2013 accretable yield .

Table:
in millions | 2014 | 2013
january 1 | $ 2055 | $ 2166
accretion ( including excess cash recoveries ) | -587 ( 587 ) | -695 ( 695 )
net reclassifications to accretable from non-accretable ( a ) | 208 | 613
disposals | -118 ( 118 ) | -29 ( 29 )
december 31 | $ 1558 | $ 2055
( a ) approximately 93% ( 93 % ) of net reclassifications for the year ended december 31 , 2014 were within the commercial portfolio as compared to 37% ( 37 % ) for year ended december 31 , 2013 .
note 5 allowances for loan and lease losses and unfunded loan commitments and letters of credit allowance for loan and lease losses we maintain the alll at levels that we believe to be appropriate to absorb estimated probable credit losses incurred in the portfolios as of the balance sheet date .
we use the two main portfolio segments 2013 commercial lending and consumer lending 2013 and develop and document the alll under separate methodologies for each of these segments as discussed in note 1 accounting policies .
a rollforward of the alll and associated loan data is presented below .
the pnc financial services group , inc .
2013 form 10-k 143 .

Question: what was the dollar amount in millions for net reclassifications for the year ended december 31 , 2014 due to the commercial portfolio?
Answer: 193.44
Calculation: multiply(208, 93%)
Consolidated Statements of Earnings and Comprehensive Earnings
A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions):
(1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party.
Table:
 |  | Year ended December 31, | 
 | 2019(1) | 2018 | 2017
Data entry, indexing services and other operating expenses | $8.8 | $8.2 | $5.1
Corporate services | 3.8 | 4.9 | 9.2
Technology and corporate services | (0.1) | (1.0) | (1.7)
Total related party expenses, net | $12.5 | $12.1 | $12.6


Question: What was the amount of Corporate Services in 2018?
Answer: 4.9
Executive Officers of the Registrant
Our executive officers are appointed annually by our Board of Directors or, in some cases, appointed in accordance with our bylaws. Each officer holds office until
the next annual appointment of officers or until a successor has been duly appointed and qualified, or until the officer’s death or resignation, or until the officer has
otherwise been removed in accordance with our bylaws. The following table provides certain information regarding the current executive officers of the Company.
John Sarvis
Chief Executive Officer and President since April 2015. Chairman of the Board since 2016. Vice President of Ceramic Products from 2005 to 2015. Divisional Vice President
– Ceramics Division from 1998 to 2005. Prior to 1998, held various Marketing and Operational positions. Employed by the Company since 1973
Jeffrey Schmersal
Chief Operating Officer since April 2018. Senior Vice President since 2017. Divisional Vice President of Specialty Products from 2014 to 2017. Global Business Manager of
various product groups from 2006 to 2014. Prior to 2006, held various Quality and Supply Chain positions. Employed by the Company since 1994.
Michael Hufnagel
Chief Financial Officer since July 2018. Vice President of Corporate Finance since 2016. Director of Corporate Finance from 2015 to 2016. Director of Accounting and
Reporting from 2002 to 2015. Employed by the Company since 2002.
John Lawing
Senior Vice President and Chief Technology Officer since 2015. Vice President and Chief Technology Officer from April 2014 to 2015. President and Chief Operating
Officer from 2013 to March 2014. Vice President of Advanced Products from 2005 to April 2013. Divisional Vice President of Advanced Products from 2002 to 2005 and
Divisional Vice President of Leaded Products from 1997 to 2002. Prior to 1997, held positions in Engineering, Technical, Operational, and Plant management. Employed by
the Company since 1981.
S. Willing King
Senior Vice President of Tantalum Products since 2015. Vice President of Tantalum Products from 2013 to 2015. Deputy General Manager of Tantalum Products from 2012
to 2013. Vice President of Product Marketing from 2004 to 2012. Director of Product Marketing from 2000 to 2004. Prior to 2000, held positions in Technical Service, Sales,
and Marketing. Employed by the Company since 1984.
Table:
Name | Age | Position
John Sarvis | 69 | Chief Executive Officer and President
Jeffrey Schmersal | 50 | Chief Operating Officer
Michael Hufnagel | 65 | Senior Vice President and Chief Financial Officer
John Lawing | 68 | Senior Vice President and Chief Technology Officer
S. Willing King | 56 | Senior Vice President of Tantalum Products
Eric Pratt | 59 | Senior Vice President of Marketing
Evan Slavitt | 61 | Senior Vice President, General Counsel, and Corporate Secretary
Steven Sturgeon | 50 | Senior Vice President of Connector Products
Alexander Schenkel | 44 | Senior Vice President of Sales


Question: Who is the Chief Executive Officer and President of the company?
Answer: John Sarvis
The ESPP provides for annual increases in the number of shares available for issuance under the ESPP on the first day of each fiscal year beginning in fiscal 2014, equal to the least of: (i) 1% of the outstanding shares of all classes of common stock on the last day of the immediately preceding year; (ii) 1,250,000 shares; or (iii) such other amount as may be determined by the board of directors. During the year ended December 31, 2019, a total of 810,459 shares of Class A common stock were added to the ESPP Plan in connection with the annual increase provision. At December 31, 2019, a total of 3,918,712 shares were available for issuance under the ESPP.
The weighted-average assumptions used to value ESPP rights under the Black-Scholes-Merton option-pricing model and the resulting offering grant date fair value of ESPP rights granted in the periods presented were as follows:
As of December 31, 2019 and 2018, there was approximately $2.3 million and $1.5 million of unrecognized share-based compensation expense, net of estimated forfeitures, related to ESPP, which will be recognized on a straight-line basis over the remaining weighted-average vesting periods of approximately 0.4 years, respectively
Table:
 |  | Year ended December 31, | 
 | 2019 | 2018 | 2017
Expected term (in years) | 0.5 | 0.5 | 0.5
Expected volatility | 47% | 42% | 34%
Risk-free interest rate | 2.01% | 2.31% | 1.20%
Expected dividend yield | 0% | 0% | 0%
Offering grant date fair value of ESPP rights | $33.66 | $18.07 | $9.52


Question: What is the percentage change in the offering grant date fair value of ESPP rights between 2017 and 2018?
Answer: 89.81
Calculation: (18.07 - 9.52)/9.52
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL
A. Remuneration to Managing Director, Whole-time Directors and / or Manager:
Table:
 |  |  | (` lakh)
Particulars of Remuneration | Name of MD/WTD/Manager |  | 
 | Rajesh Gopinathan Chief Executive Officer and Managing Director | N Ganapathy Subramaniam Chief Operating Officer and Executive Director | Total Amount
Gross salary |  |  | 
(a) Salary as per provisions contained in Section 17(1) of the Income-tax Act, 1961 | 115.74 | 109.02 | 224.76
(b) Value of perquisites u/s 17(2) of the Income-tax Act, 1961 | 126.76 | 13.30 | 140.06
(c) Profits in lieu of salary under Section 17(3) of the Income-tax Act, 1961 | - | - | -
2. Stock Option | - | - | -
3.Sweat Equity | - | - | -
4.Commission | 1,300.00 | 900.00 | 2,200.00
as % of profit | 0.03 | 0.02 | 0.05
5.Others, Allowances | 60.35 | 138.76 | 199.11
Total (A) | 1,602.85 | 1,161.08 | 2,763.93
Ceiling as per the Act (@ 10% of profits calculated under Section 198 of the Companies Act, 2013) |  |  | 404,348.06


Question: What is the ratio of commision to total gross salary of the COO?
Answer: 7.36
Calculation: 900/(109.02+13.30)
Sources and Uses of Cash
Historically, our primary source of cash has been provided by operations. Other sources of cash in the past three fiscal years include proceeds from our Euro Term Loan used to finance our acquisition of Rofin, proceeds received from the sale of our stock through our employee stock purchase plan as well as borrowings under our revolving credit facility (‘‘Revolving Credit Facility’’). Our historical uses of cash have primarily been for acquisitions of businesses and technologies, the repurchase of our common stock, capital expenditures and debt issuance costs. Supplemental information pertaining to our historical sources and uses of cash is presented as follows and should be read in conjunction with our Consolidated Statements of Cash Flows and notes thereto (in thousands):
Net cash provided by operating activities decreased by $54.7 million in fiscal 2019 compared to fiscal 2018. The decrease in cash provided by operating activities in fiscal 2019 was primarily due to lower net income and lower cash flows from income taxes payable and deferred taxes, partially offset by higher cash flows from accounts receivable, inventories, deferred revenue and accrued payroll. We believe that our existing cash, cash equivalents and short term investments combined with cash to be provided by operating activities and amounts available under our Revolving Credit Facility will be adequate to cover our working capital needs and planned capital expenditures for at least the next 12 months to the extent such items are known or are reasonably determinable based on current business and market conditions. However, we may elect to finance certain of our capital expenditure requirements through other sources of capital. We continue to follow our strategy to further strengthen our financial position by using available cash flow to fund operations.
Table:
 | Fiscal | 
 | 2019 | 2018
Net cash provided by operating activities | $181,401 | $236,111
Purchases of property and equipment | (83,283) | (90,757)
Acquisition of businesses, net of cash acquired | (18,881) | (45,448)
Proceeds from sale of discontinued operation (the Hull Business) | — | 25,000
Proceeds from sales of other entities | — | 6,250
Borrowings, net of repayments | 263 | (173,252)
Issuance of shares under employee stock plans | 11,811 | 10,574
Repurchase of common stock | (77,410) | (100,000)
Net settlement of restricted common stock | (15,179) | (36,320)


Question: In which years are the uses of cash highlighted in the table?
Answer: 2019, 2018
Note 9. Receivables, Net
Receivables, net consisted of the following (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Trade accounts receivable, current | $378,616 | $338,473
Income taxes receivable | 1,571 | 916
Other | 13,440 | 11,132
Receivables, gross | 393,627 | 350,521
Less: Allowance for doubtful accounts | 3,480 | 3,096
Receivables,net | $390,147 | $347,425
Allowance for doubtful accounts as a percent of trade accounts receivable, current | 0.9% | 0.9%


Question: In which years is the amount of Receivables, net calculated?
Answer: 2019, 2018
Assets in the combined schemes increased by £177.1m to £5,040.7m in the period. RHM scheme assets increased by £149.1m to £4,333.6m while the Premier Foods’ schemes assets increased by £28.0m to £707.1m. The most significant movement by asset class is that of government bonds which increased by £444.0m in the year, predominantly in the RHM scheme.
Liabilities in the combined schemes increased by £121.0m in the year to £4,667.6m. The value of liabilities associated with the RHM scheme were £3,495.8m, an increase of £65.3m while liabilities in the Premier Foods schemes were £55.7m higher at £1,171.8m. The increase in the value of liabilities in both schemes is due to a lower discount rate assumption of 2.45% (31 March 2018: 2.70%) and an increase in the RPI inflation rate assumption; from 3.15% to 3.25%.
The Group’s Pension Trustees have just commenced the triennial actuarial valuation process of the Group’s pension schemes as at 31 March 2019 (RHM scheme) and 5 April 2019 (Premier Foods main scheme). This exercise typically takes a number of months to conclude; the output of which will be provided in due course.
The net present value of future deficit payments, to the end of the respective recovery periods remains at circa £300–320m.
Table:
Combined pensions schemes (£m) | 30 March 2019 | 31 March 2018
Assets |  | 
Equities | 179.5 | 296.5
Government bonds | 1,490.4 | 1,046.4
Corporate bonds | 26.9 | 20.7
Property | 436.5 | 391.0
Absolute return products | 1,141.2 | 1,323.3
Cash | 38.1 | 32.4
Infrastructure funds | 256.1 | 254.6
Swaps | 556.4 | 715.3
Private equity | 446.1 | 344.0
Other | 469.5 | 439.4
Total Assets | 5,040.7 | 4,863.6
Liabilities |  | 
Discount rate | 2.45% | 2.70%
Inflation rate (RPI/CPI) | 3.25%/2.15% | 3.15%/2.05%


Question: What was the change in equities from 2018 to 2019?
Answer: -117
Calculation: 179.5 - 296.5
issuer purchases of equity securities the following table provides information about purchases by us during the three months ended december 31 , 2013 of equity securities that are registered by us pursuant to section 12 of the exchange act : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs ( 1 ) ( 2 ) dollar value of shares that may yet be purchased under the plans or programs ( 1 ) .

Table:
period | total number of shares purchased ( 1 ) | average price paid per share | total number of shares purchased as part of publicly announcedplans or programs ( 1 ) ( 2 ) | dollar value of shares that may yet be purchased under the plans orprograms ( 1 )
october 2013 | 0 | $ 0 | 0 | $ 781118739
november 2013 | 1191867 | 98.18 | 1191867 | 664123417
december 2013 | 802930 | 104.10 | 802930 | 580555202
total | 1994797 | $ 100.56 | 1994797 | 
( 1 ) as announced on may 1 , 2013 , in april 2013 , the board of directors replaced its previously approved share repurchase authorization of up to $ 1 billion with a current authorization for repurchases of up to $ 1 billion of our common shares exclusive of shares repurchased in connection with employee stock plans , expiring on june 30 , 2015 .
under the current share repurchase authorization , shares may be purchased from time to time at prevailing prices in the open market , by block purchases , or in privately-negotiated transactions , subject to certain regulatory restrictions on volume , pricing , and timing .
as of february 1 , 2014 , the remaining authorized amount under the current authorization totaled approximately $ 580 million .
( 2 ) excludes 0.1 million shares repurchased in connection with employee stock plans. .

Question: what was the percent of the total number of shares purchased ( 1 ) in november 2013 to the total
Answer: 59.7%
Calculation: divide(1191867, 1994797)
22. Cash and cash equivalents
Cash at bank earns interest at floating interest rates. Of the total cash and cash equivalents balance, $79.3 million (2018 $63.9 million) is callable at notice of three months or less at the date of investment.
Short-term bank deposits are made for varying periods of between one day and three months depending on the cash requirements of the Group and earn interest at the short-term deposit rates appropriate for the term of the deposit and currency.
At the end of 2019, the currency split of cash and cash equivalents was US Dollar 78 per cent (2018 83 per cent), Sterling 11 per cent (2018 8 per cent) and other currencies 11 per cent (2018 9 per cent).
For the purposes of the cash flow statement, cash and cash equivalents comprise the above amounts.
Table:
 | 2019 | 2018
 | $ million | $ million
Cash at bank | 103.9 | 57.7
Short-term bank deposits | 79.3 | 63.9
 | 183.2 | 121.6


Question: In which year was the amount of short-term bank deposits larger?
Answer: 2019
Calculation: 79.3>63.9
the following is a schedule of future minimum rental payments required under long-term operating leases at october 29 , 2011 : fiscal years operating leases .

Table:
fiscal years | operating leases
2012 | $ 17590
2013 | 12724
2014 | 6951
2015 | 5649
2016 | 3669
later years | 19472
total | $ 66055
12 .
commitments and contingencies from time to time in the ordinary course of the company 2019s business , various claims , charges and litigation are asserted or commenced against the company arising from , or related to , contractual matters , patents , trademarks , personal injury , environmental matters , product liability , insurance coverage and personnel and employment disputes .
as to such claims and litigation , the company can give no assurance that it will prevail .
the company does not believe that any current legal matters will have a material adverse effect on the company 2019s financial position , results of operations or cash flows .
13 .
retirement plans the company and its subsidiaries have various savings and retirement plans covering substantially all employees .
the company maintains a defined contribution plan for the benefit of its eligible u.s .
employees .
this plan provides for company contributions of up to 5% ( 5 % ) of each participant 2019s total eligible compensation .
in addition , the company contributes an amount equal to each participant 2019s pre-tax contribution , if any , up to a maximum of 3% ( 3 % ) of each participant 2019s total eligible compensation .
the total expense related to the defined contribution plan for u.s .
employees was $ 21.9 million in fiscal 2011 , $ 20.5 million in fiscal 2010 and $ 21.5 million in fiscal 2009 .
the company also has various defined benefit pension and other retirement plans for certain non-u.s .
employees that are consistent with local statutory requirements and practices .
the total expense related to the various defined benefit pension and other retirement plans for certain non-u.s .
employees was $ 21.4 million in fiscal 2011 , $ 11.7 million in fiscal 2010 and $ 10.9 million in fiscal 2009 .
non-u.s .
plan disclosures the company 2019s funding policy for its foreign defined benefit pension plans is consistent with the local requirements of each country .
the plans 2019 assets consist primarily of u.s .
and non-u.s .
equity securities , bonds , property and cash .
the benefit obligations and related assets under these plans have been measured at october 29 , 2011 and october 30 , 2010 .
analog devices , inc .
notes to consolidated financial statements 2014 ( continued ) .

Question: what is the growth rate in the total expense related to the defined contribution plan for non-u.s.employees in 2011?
Answer: 82.9%
Calculation: subtract(21.4, 11.7), divide(#0, 11.7)
other expense , net : the company's other expense consists of the following: .

Table:
( in thousands ) | year ended december 31 , 2013 | year ended december 31 , 2012
foreign currency losses net | $ -1115 ( 1115 ) | $ -1401 ( 1401 )
other income ( expense ) net | 69 | -4 ( 4 )
total other expense net | $ -1046 ( 1046 ) | $ -1405 ( 1405 )
income tax provision : the company recorded income tax expense of $ 77.2 million and had income before income taxes of $ 322.5 million for the year ended december 31 , 2013 , representing an effective tax rate of 23.9% ( 23.9 % ) .
during the year ended december 31 , 2012 , the company recorded income tax expense of $ 90.1 million and had income before income taxes of $ 293.5 million , representing an effective tax rate of 30.7% ( 30.7 % ) .
in december 2013 , the company received notice from the irs that the joint committee on taxation took no exception to the company's tax returns that were filed for 2009 and 2010 .
an $ 11.0 million tax benefit was recognized in the company's 2013 financial results as the company had effectively settled uncertainty regarding the realization of refund claims filed in connection with the 2009 and 2010 returns .
in the u.s. , which is the largest jurisdiction where the company receives such a tax credit , the availability of the research and development credit expired at the end of the 2011 tax year .
in january 2013 , the u.s .
congress passed legislation that reinstated the research and development credit retroactive to 2012 .
the income tax provision for the year ended december 31 , 2013 includes approximately $ 2.3 million related to the reinstated research and development credit for 2012 activity .
the decrease in the effective tax rate from the prior year is primarily due to the release of an uncertain tax position mentioned above , the reinstatement of the u.s .
research and development credit mentioned above , and cash repatriation activities .
when compared to the federal and state combined statutory rate , the effective tax rates for the years ended december 31 , 2013 and 2012 were favorably impacted by lower statutory tax rates in many of the company 2019s foreign jurisdictions , the domestic manufacturing deduction and tax benefits associated with the merger of the company 2019s japan subsidiaries in 2010 .
net income : the company 2019s net income for the year ended december 31 , 2013 was $ 245.3 million as compared to net income of $ 203.5 million for the year ended december 31 , 2012 .
diluted earnings per share was $ 2.58 for the year ended december 31 , 2013 and $ 2.14 for the year ended december 31 , 2012 .
the weighted average shares used in computing diluted earnings per share were 95.1 million and 95.0 million for the years ended december 31 , 2013 and 2012 , respectively .
table of contents .

Question: what was the percentage change in the company 2019s net income from 2012 to 2013 .
Answer: 20.5%
Calculation: subtract(245.3, 203.5), divide(#0, 203.5)