hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
IMPAIRMENT TESTING
As described in Note 2, Significant accounting policies, goodwill is tested annually for impairment by comparing the carrying value of a CGU or group of CGUs to the recoverable amount, where the recoverable amount is the higher of fair value less costs of disposal or value in use.
VALUE IN USE
The value in use for a CGU or group of CGUs is determined by discounting five-year cash flow projections derived from business plans reviewed by senior management. The projections reflect management’s expectations of revenue, segment profit, capital expenditures, working capital and operating cash flows, based on past experience and future expectations of operating performance.
Cash flows beyond the five-year period are extrapolated using perpetuity growth rates. None of the perpetuity growth rates exceed the long-term historical growth rates for the markets in which we operate.
The discount rates are applied to the cash flow projections and are derived from the weighted average cost of capital for each CGU or group of CGUs.
The following table shows the key assumptions used to estimate the recoverable amounts of the groups of CGUs.
The recoverable amounts determined in a prior year for the Bell Wireless and Bell Wireline groups of CGUs exceed their corresponding current carrying values by a substantial margin and have been carried forward and used in the impairment test for the current year. We believe that any reasonable possible change in the key assumptions on which the estimate of recoverable amounts of the Bell Wireless or Bell Wireline groups of CGUs is based would not cause their carrying amounts to exceed their recoverable amounts.
For the Bell Media group of CGUs, a decrease of (1.1%) in the perpetuity growth rate or an increase of 0.8% in the discount rate would have resulted in its recoverable amount being equal to its carrying value.
Table:
 | ASSUMPTIONS USED | 
GROUPS OF CGUs | PERPETUITY GROWTH RATE | DISCOUNT RATE
Bell Wireless | 0.8% | 9.1%
Bell Wireline | 1.0% | 6.0%
Bell Media | 1.0% | 8.0%


Question: What do the five-year cash flow projections derived from business plans reflect?
Answer: management’s expectations of revenue, segment profit, capital expenditures, working capital and operating cash flows, based on past experience and future expectations of operating performance
7. Employee numbers and costs
The average monthly number of employees (including Executive Directors but excluding third-party contractors) employed by the Group was as follows:
Table:
 | 2019 | 2018
 | Number | Number
Customer operations | 370 | 380
Product and technology | 317 | 312
Corporate | 115 | 130
Total | 802 | 822


Question: What does the average monthly number of employees include or exclude?
Answer: including Executive Directors but excluding third-party contractors
contractual obligations the company's significant contractual obligations as of december 31 , 2014 are summarized below: .

Table:
( in thousands ) | payments due by period total | payments due by period within 1 year | payments due by period 2 2013 3 years | payments due by period 4 2013 5 years | payments due by period after 5 years
global headquarters operating lease ( 1 ) | $ 49415 | $ 4278 | $ 8556 | $ 8556 | $ 28025
other operating leases ( 2 ) | 29838 | 10397 | 12100 | 4603 | 2738
unconditional purchase obligations ( 3 ) | 9821 | 5259 | 4562 | 2014 | 2014
obligations related to uncertain tax positions including interest and penalties ( 4 ) | 209 | 209 | 2014 | 2014 | 2014
other long-term obligations ( 5 ) | 29861 | 9206 | 13378 | 3611 | 3666
total contractual obligations | $ 119144 | $ 29349 | $ 38596 | $ 16770 | $ 34429
( 1 ) on september 14 , 2012 , the company entered into a lease agreement for 186000 square feet of rentable space located in an office facility in canonsburg , pennsylvania , which serves as the company's new headquarters .
the lease was effective as of september 14 , 2012 , but because the leased premises were under construction , the company was not obligated to pay rent until three months following the date that the leased premises were delivered to ansys , which occurred on october 1 , 2014 .
the term of the lease is 183 months , beginning on october 1 , 2014 .
the company shall have a one-time right to terminate the lease effective upon the last day of the tenth full year following the date of possession ( december 31 , 2024 ) , by providing the landlord with at least 18 months' prior written notice of such termination .
the company's lease for its prior headquarters expired on december 31 , 2014 .
( 2 ) other operating leases primarily include noncancellable lease commitments for the company 2019s other domestic and international offices as well as certain operating equipment .
( 3 ) unconditional purchase obligations primarily include software licenses and long-term purchase contracts for network , communication and office maintenance services , which are unrecorded as of december 31 , 2014 .
( 4 ) the company has $ 17.3 million of unrecognized tax benefits , including estimated interest and penalties , that have been recorded as liabilities in accordance with income tax accounting guidance for which the company is uncertain as to if or when such amounts may be settled .
as a result , such amounts are excluded from the table above .
( 5 ) other long-term obligations primarily include deferred compensation of $ 18.5 million ( including estimated imputed interest of $ 300000 within 1 year , $ 450000 within 2-3 years and $ 90000 within 4-5 years ) , pension obligations of $ 6.3 million for certain foreign locations of the company and contingent consideration of $ 2.8 million ( including estimated imputed interest of $ 270000 within 1 year and $ 390000 within 2-3 years ) .
table of contents .

Question: as of september 2014 what was the percent of the total contractual obligations due within 1 year for the global headquarters operating lease
Answer: 41.5%
Calculation: divide(49415, 119144)
2019 vs 2018
Cost of revenue decreased for the year ended December 31, 2019, compared to the prior year, primarily due to net revenue declining.
Gross margin decreased for the year ended December 31, 2019 compared to the prior year. Gross margin was negatively impacted by the imposition of Section 301 tariffs originally announced in late 2018 and cost inefficiencies experienced in our new manufacturing locations outside of China, an increase in channel promotional activities relative to revenue as well as foreign exchange headwinds due to the strengthening of the U.S. dollar.
2018 vs 2017
Cost of revenue decreased for the year ended December 31, 2018 primarily due to improved product margin performance, lower proportionate provisions for warranty expense, and lower air freight costs compared to the prior year.
Gross margin increased for the year ended December 31, 2018 compared to the prior year primarily due to improved product margin performance, lower proportionate provisions for sales returns and warranty expense, favorable foreign exchange rate movements and lower air freight costs compared to the prior year.
For fiscal 2020, we expect gross margins to improve from fiscal 2019 primarily as our U.S. bound inventory will primarily not be subject to Section 301 tariffs in fiscal 2020. Forecasting gross margin percentages is difficult, and there are a number of risks related to our ability to maintain or improve our current gross margin levels. Our cost of revenue as a percentage of net revenue can vary significantly based upon factors such as: uncertainties surrounding revenue levels, including future pricing and/or potential discounts as a result of the economy or in response to the strengthening of the U.S. dollar in our international markets, and related production level variances; import customs duties and imposed tariffs; competition; changes in technology; changes in product mix; variability of stockbased compensation costs; royalties to third parties; fluctuations in freight and repair costs; manufacturing and purchase price variances; changes in prices on commodity components; warranty costs; and the timing of sales, particularly to service provider customers. We expect that revenue derived from paid subscription service plans will increase in the future, which may have a positive impact on our gross margin. From time to time, however, we may experience fluctuations in our gross margin as a result of the factors discussed above.
Table:
 |  |  | Year Ended December 31 |  | 
 | 2019 | % Change | 2018 | % Change | 2017
 |  |  | (In thousands, except percentage data) |  | 
Cost of revenue | $704,535 | (1.8)% | $717,118 | (2.0)% | $731,453
Gross margin percentage | 29.5% |  | 32.3% |  | 29.6%


Question: What accounted for the change in cost of revenue from 2018 to 2019?
Answer: Due to net revenue declining
part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our common stock on the nyse for the years 2015 and 2014. .

Table:
2015 | high | low
quarter ended march 31 | $ 101.88 | $ 93.21
quarter ended june 30 | 98.64 | 91.99
quarter ended september 30 | 101.54 | 86.83
quarter ended december 31 | 104.12 | 87.23
2014 | high | low
quarter ended march 31 | $ 84.90 | $ 78.38
quarter ended june 30 | 90.73 | 80.10
quarter ended september 30 | 99.90 | 89.05
quarter ended december 31 | 106.31 | 90.20
on february 19 , 2016 , the closing price of our common stock was $ 87.32 per share as reported on the nyse .
as of february 19 , 2016 , we had 423897556 outstanding shares of common stock and 159 registered holders .
dividends as a reit , we must annually distribute to our stockholders an amount equal to at least 90% ( 90 % ) of our reit taxable income ( determined before the deduction for distributed earnings and excluding any net capital gain ) .
generally , we have distributed and expect to continue to distribute all or substantially all of our reit taxable income after taking into consideration our utilization of net operating losses ( 201cnols 201d ) .
we have two series of preferred stock outstanding , 5.25% ( 5.25 % ) mandatory convertible preferred stock , series a , issued in may 2014 ( the 201cseries a preferred stock 201d ) , with a dividend rate of 5.25% ( 5.25 % ) , and the 5.50% ( 5.50 % ) mandatory convertible preferred stock , series b ( the 201cseries b preferred stock 201d ) , issued in march 2015 , with a dividend rate of 5.50% ( 5.50 % ) .
dividends are payable quarterly in arrears , subject to declaration by our board of directors .
the amount , timing and frequency of future distributions will be at the sole discretion of our board of directors and will be dependent upon various factors , a number of which may be beyond our control , including our financial condition and operating cash flows , the amount required to maintain our qualification for taxation as a reit and reduce any income and excise taxes that we otherwise would be required to pay , limitations on distributions in our existing and future debt and preferred equity instruments , our ability to utilize nols to offset our distribution requirements , limitations on our ability to fund distributions using cash generated through our trss and other factors that our board of directors may deem relevant .
we have distributed an aggregate of approximately $ 2.3 billion to our common stockholders , including the dividend paid in january 2016 , primarily subject to taxation as ordinary income .
during the year ended december 31 , 2015 , we declared the following cash distributions: .

Question: what is the growth rate in the price of shares from the highest value during the quarter ended december 31 , 2015 and the closing price on february 19 , 2016?
Answer: -16.1%
Calculation: subtract(87.32, 104.12), divide(#0, 104.12)
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within our consolidated balance sheets as of December 31, 2019 and 2018 to the total of such amounts as presented in the consolidated statements of cash flows (in thousands):
(1) See Note 7. “Restricted Cash and Investments” to our consolidated financial statements for discussion of our “Restricted cash” arrangements.
During the year ended December 31, 2019, we sold marketable securities for proceeds of $52.0 million and realized no gain or loss on such sales. During the years ended December 31, 2018 and 2017, we sold marketable securities for proceeds of $10.8 million and $118.3 million, respectively, and realized gains of less than $0.1 million on such sales in each respective period. See Note 11. “Fair Value Measurements” to our consolidated financial statements for information about the fair value of our marketable securities.
Table:
 | Balance Sheet Line Item | 2019 | 2018
Cash and cash equivalents | Cash and cash equivalents | $ 1,352,741 | $ 1,403,562
Restricted cash – current (1) | Prepaid expenses and other current assets | 13,697 | 19,671
Restricted cash – noncurrent (1) . | Restricted cash and investments | 80,072 | 139,390
Total cash, cash equivalents, and restricted cash |  | $ 1,446,510 | $ 1,562,623


Question: What percentage of the total cash, cash equivalents, and restricted cash is made up of restricted cash and investments?
Answer: 5.54
Calculation: 80,072 / 1,446,510
COMMON SHARES AND CLASS B SHARES
BCE’s articles of amalgamation provide for an unlimited number of voting common shares and non-voting Class B shares, all without par value. The common shares and the Class B shares rank equally in the payment of dividends and in the distribution of assets if BCE is liquidated, dissolved or wound up, after payments due to the holders of preferred shares. No Class B shares were outstanding at December 31, 2019 and 2018.
The following table provides details about the outstanding common shares of BCE.
In Q1 2018, BCE repurchased and canceled 3,085,697 common shares for a total cost of $175 million through a NCIB. Of the total cost, $69 million represents stated capital and $3 million represents the reduction of the contributed surplus attributable to these common shares. The remaining $103 million was charged to the deficit.
CONTRIBUTED SURPLUS
Contributed surplus in 2019 and 2018 includes premiums in excess of par value upon the issuance of BCE common shares and share-based compensation expense net of settlements.
Table:
 |  | 2019 |  | 2018 | 
 | NOTE | NUMBER OF SHARES | STATED CAPITAL | NUMBER OF SHARES | STATED CAPITAL
Outstanding, January 1 |  | 898,200,415 | 20,036 | 900,996,640 | 20,091
Shares issued for the acquisition of AlarmForce | 34 | – | – | 22,531 | 1
Shares issued under employee stock option plan | 28 | 4,459,559 | 251 | 266,941 | 13
Repurchase of common shares |  | – | – | (3,085,697) | (69)
Shares issued under ESP |  | 1,231,479 | 75 | – | –
Shares issued under DSP |  | 16,729 | 1 | – | –
Outstanding, December 31 |  | 903,908,182 | 20,363 | 898,200,415 | 20,036


Question: What is the amount of stated capital outstanding on December 31, 2019
Answer: 20,363
6. Other Balance Sheet Account Details
Allowance for Doubtful Accounts
The following table presents the changes in the allowance for doubtful accounts (in thousands):
Table:
 | December 31, 2019 | December 31, 2018
Allowance for doubtful accounts, beginning balance | $319 | $983
Increase (decrease) of provision | (72) | (26)
Write-offs | (195) | (638)
Allowance for doubtful accounts, ending balance | $52 | $319


Question: What is the sum of the write-offs in 2018 and 2019?
Answer: 833
Calculation: 195 + 638
Dividends
Cal-Maine pays a dividend to shareholders of its Common Stock and Class A Common Stock on a quarterly basis for each quarter for which the Company reports net income computed in accordance with generally accepted accounting principles in an amount equal to one-third (1/3) of such quarterly income. Dividends are paid to shareholders of record as of the 60th day following the last day of such quarter, except for the fourth fiscal quarter. For the fourth quarter, the Company will pay dividends to shareholders of record on the 65th day after the quarter end. Dividends are payable on the 15th day following the record date. Following a quarter for which the Company does not report net income, the Company will not pay a dividend for a subsequent profitable quarter until the Company is profitable on a cumulative basis computed from the date of the last quarter for which a dividend was paid. Dividends payable, which would represent accrued unpaid dividends applicable to the Company's fourth quarter, were zero at June 1, 2019 and $17.1 million at June 2, 2018. At June 1, 2019, cumulative losses that must be recovered prior to paying a dividend were $19.8 million.
*Dividends per common share = 1/3 of Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend ÷ Total common stock outstanding (shares).
Table:
 | 13 Weeks Ended |  | 52 Weeks Ended | 
 | June 1, 2019 | June 2, 2018 | June 1, 2019 | June 2, 2018
Net income (loss) attributable to Cal-Maine Foods, inc. | $(19,761) | $71,767 | $54,229 | $125,932
Cumulative losses to be recovered prior to payment of dividend at beginning of the period | — | (20,488) | — | (74,653)
Net income (loss) attributable to Cal-Maine Foods, Inc. available for dividend | $(19,761) | $51,279 | $54,229 | $51,279
1/3 of net income attributable to Cal-Maine Foods, Inc. | — |  |  | 
Common stock outstanding (shares) | 43,894 |  |  | 
Class A common stock outstanding (shares) | 4,800 |  |  | 
Total common stock outstanding (shares) | 48,694 |  |  | 
Dividends per common share* | $- | $0.351 | $0.506 | $0.351


Question: What is the dividend payout ration in year ending June 2018?
Answer: 33.33
Calculation: (48,694 * 0.351) / 51,279
ITEM 16.C. PRINCIPAL ACCOUNTANT FEES AND SERVICES
Deloitte LLP, an independent registered public accounting firm, has audited our annual financial statements acting as our independent auditor for the fiscal years ended December 31, 2018 and December 31, 2019.
The chart below sets forth the total amount billed and accrued for Deloitte LLP for services performed in 2018 and 2019, respectively, and breaks down these amounts by the category of service. The fees paid to our principal accountant were approved in accordance with the pre-approval policies and procedures described below.
Audit Fees
Audit fees represent compensation for professional services rendered for the audit of the consolidated financial statements of the Company and the audit of the financial statements for its individual subsidiary companies, fees for the review of the quarterly financial information, as well as in connection with the review of registration statements and related consents and comfort letters, and any other services required for SEC or other regulatory filings
Included in the audit fees for 2018 are fees of $0.2 million related to the Partnership’s public offerings completed in 2018. Included in the audit fees for 2019 are fees of $0.2 million related to equity and bond related transactions.
Tax Fees
No tax fees were billed by our principal accountant in 2018 and 2019.
Audit-Related Fees
No audit-related fees were billed by our principal accountant in 2018 and 2019.
All Other Fees
No other fees were billed by our principal accountant in 2018 and 2019.
Table:
 | 2018 | 2019
 | (Expressed in millions of U.S. Dollars) | 
Audit fees | $1.8 | $1.7
Total fees | $1.8 | $1.7


Question: What was the percentage change in total fees from 2018 to 2019?
Answer: -5.56
Calculation: ($1.7 - $1.8)/$1.8
Disaggregated revenue
The Group’s revenues by geographic region based on end-users who purchased our products or services are as follows:
Revenues from the United States totaled approximately $529 million, $386 million, and $281 million for the fiscal years ended 2019, 2018, and 2017, respectively. Revenues from our country of domicile, the United Kingdom, totaled approximately $86 million, $63 million, and $46 million for the fiscal years ended 2019, 2018, and 2017, respectively. No one customer has accounted for more than 10% of revenue for the fiscal years ended 2019, 2018, and 2017.
Table:
 |  | Fiscal Year Ended June 30, | 
 | 2019 | 2018 | 2017
 |  | (U.S. $ in thousands) | 
 |  | *As Adjusted | *As Adjusted
Americas | $603,959 | $439,363 | $317,432
EMEA | 474,712 | 347,509 | 193,790
Asia Pacific | 131,456 | 94,106 | 115,462
 | $1,210,127 | $880,978 | $626,684


Question: What are the revenue amounts from the United Kingdom for fiscal years ended 2017, 2018 and 2019 respectively?
Answer: $46 million, $63 million, $86 million
20. DIVIDENDS
A regular dividend of 3 cents per share has been declared. This final dividend of 3 cents per share, partially franked to 2.6 cents per share, was announced to the market on 23 August 2019. The amount declared has not been recognised as a liability in the accounts of Hansen Technologies Ltd as at 30 June 2019.
1. The final dividend paid of 4 cents per share, franked to 4 cents, comprised of an ordinary dividend of 3 cents per share, together with a special dividend of 1 cent per share.
The above available amounts are based on the balance of the dividend franking account at year end adjusted for: • franking credits that will arise from the payment of any current tax liability; • franking debits that will arise from the payment of any dividends recognised as a liability at year end; • franking credits that will arise from the receipt of any dividends recognised as receivables at year end; and • franking credits that the entity may be prevented from distributing in subsequent years.
Table:
 | 2019 | 2018
 | $’000 | $’000
Dividends paid during the year (net of dividend re-investment) |  | 
4 cent per share final dividend paid 27 September 2018 – fully franked1 | 7,319 | 
3 cent per share final dividend paid 30 September 2017 – fully franked |  | 5,175
3 cent per share interim dividend paid 29 March 2019 – fully franked | 5,318 | 
3 cent per share interim dividend paid 29 March 2018 – fully franked |  | 5,217
 | 12,637 | 10,392
Proposed dividend not recognised at the end of the year | 5,922 | 7,865
Dividends franking account |  | 
30% franking credits, on a tax paid basis, are available to shareholders of Hansen Technologies Ltd for subsequent financial years | 1,586 | 3,125


Question: How many proposed dividends were not recognised at the end of both years?
Answer: 13787
Calculation: 5,922 + 7,865