hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Note 3: Revenue and Segment Information
Revenue recognized for sales agreements amounted to $5,492.0 million and $5,849.0 million for the years ended December 31, 2019 and 2018, respectively. Revenue recognized for product development agreements amounted to $25.9 million and $29.3 million for the years ended December 31, 2019 and 2018, respectively.
The Company is organized into three operating and reportable segments consisting of PSG, ASG and ISG. The Company's wafer manufacturing facilities fabricate ICs for all business units, as necessary, and their operating costs are reflected in the segments' cost of revenue on the basis of product costs. Because operating segments are generally defined by the products they design and sell, they do not make sales to each other.
The Company does not allocate income taxes or interest expense to its operating segments as the operating segments are principally evaluated on gross profit. Additionally, restructuring, asset impairments and other charges, net and certain other manufacturing and operating expenses, which include corporate research and development costs, unallocated inventory reserves and miscellaneous nonrecurring expenses, are not allocated to any segment.
In addition to the operating and reportable segments, the Company also operates global operations, sales and marketing, information systems and finance and administration groups. A portion of the expenses of these groups are allocated to the segments based on specific and general criteria and are included in the segment results.
Revenue and gross profit for the Company’s operating and reportable segments are as follows (in millions):
Table:
 | PSG | ASG | ISG | Total
For year ended December 31, 2019:   |  |  |  | 
Revenue from external customers | $2,788.3 | $1,972.3 | $757.3 | $5,517.9
Segment gross profit | 976.0 | 794.8 | 275.4 | 2,046.2
For year ended December 31, 2018:   |  |  |  | 
Revenue from external customers | $3,038.2 | $2,071.2 | $768.9 | $5,878.3
Segment gross profit | 1,110.1 | 878.3 | 317.1 | 2,305.5
For year ended December 31, 2017:   |  |  |  | 
Revenue from external customers   | $2,819.3 | $1,950.9 | $772.9 | $5,543.1
Segment gross profit   | 959.8 | 817.8 | 302.6 | 2,080.2


Question: How much Revenue was recognized for sales agreements for the years ended December 31, 2019 and 2018 respectively?
Answer: $5,492.0 million, $5,849.0 million
As at 31 December 2019, the Group had net debt of RMB15,552 million, compared to net debt of RMB7,173 million as at 30 September 2019. The sequential increase in indebtedness mainly reflected payments for M&A initiatives and media contents, as well as the consolidation of indebtedness at Halti, partly offset by strong free cash flow generation.
As at 31 December 2019, the Group had net debt of RMB15,552 million, compared to net debt of RMB7,173 million as at 30 September 2019. The sequential increase in indebtedness mainly reflected payments for M&A initiatives and media contents, as well as the consolidation of indebtedness at Halti, partly offset by strong free cash flow generation.
For the fourth quarter of 2019, the Group had free cash flow of RMB37,896 million. This was a result of net cash flow generated from operating activities of RMB50,604 million, offset by payments for capital expenditure of RMB12,708 million.
Table:
 | Audited | Unaudited
 | 31 December | 30 September
 | 2019 | 2019
 | (RMB in millions) | 
Cash and cash equivalents | 132,991 | 145,607
Term deposits and others | 72,270 | 54,499
 | 205,261 | 200,106
Borrowings | (126,952) | (112,148)
Notes payable | (93,861) | (95,131)
Net debt | (15,552) | (7,173)
Fair value of our stakes in listed investee companies (excluding subsidiaries) | 419,818 | 352,656


Question: What is the change in borrowings between 31 December 2019 and 30 September 2019?
Answer: 14804
Calculation: 126,952-112,148
6. Revenue continued
Contract assets and liabilities recognised at 31 March 2019 are as follows:
£1,216m of the contract liability recognised at 1 April 2018 was recognised as revenue during the year. Impairment losses of £36m were recognised on contract assets during the year. Other than business-as-usual movements there were no significant changes in contract asset and liability balances during the year.
Table:
 | 31 March 2019 | 1 April 2018
 | £m | £m
Contract assets |  | 
Current | 1,353 | 1,417
Non-current | 249 | 198
 | 1,602 | 1,615
Contract liabilities |  | 
Current | 1,225 | 1,406
Non-current | 200 | 87
 | 1,425 | 1,493


Question: What was the current contract assets at 2019?
Answer: 1,353
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)  10. EARNINGS PER SHARE
Basic earnings per share is calculated on the basis of weighted average outstanding shares of common stock. Diluted earnings per share is computed on the basis of basic weighted average outstanding shares of common stock adjusted for the dilutive effect of stock options, restricted stock unit awards, and other dilutive securities. During the second quarter of fiscal 2019, we issued 77.5 million shares of our common stock out of treasury to the former shareholders of Pinnacle pursuant to the terms of the Merger Agreement. In addition, we issued 16.3 million shares of our common stock, par value $5.00 per share, in an underwritten public offering in connection with the financing of the Pinnacle acquisition, with net proceeds of $555.7 million (see Note 2).
The following table reconciles the income and average share amounts used to compute both basic and diluted earnings per share:
For fiscal 2019, 2018, and 2017, there were 2.0 million, 1.3 million, and 0.8 million stock options outstanding, respectively, that were excluded from the computation of diluted weighted average shares because the effect was antidilutive.
Table:
 | 2019 | 2018 | 2017
Net income available to Conagra Brands, Inc. common stockholders: |  |  | 
Income from continuing operations attributable to Conagra Brands, Inc. common stockholders | $680.2 | $794.1 | $544.1
Income (loss) from discontinued operations, net of tax, attributable to Conagra Brands, Inc. common stockholders | (1.9) | 14.3 | 95.2
Net income attributable to Conagra Brands, Inc. common stockholders | $678.3 | $808.4 | $639.3
Less: Increase in redemption value of noncontrolling interests in excess of earnings allocated | — | — | 0.8
Net income available to Conagra Brands, Inc. common stockholders | $678.3 | $808.4 | $638.5
Weighted average shares outstanding: |  |  | 
Basic weighted average shares outstanding | 444.0 | 403.9 | 431.9
Add: Dilutive effect of stock options, restricted stock unit awards, and other dilutive securities | 1.6 | 3.5 | 4.1
Diluted weighted average shares outstanding | 445.6 | 407.4 | 436.0


Question: What is the ratio of net income available to Conagra Brands, Inc. common stakeholders to diluted weighted average shares outstanding in 2017?
Answer: 1.46
Calculation: 638.5/436.0
15 Financial risk management (continued)
(b) Credit risk
Credit risk arises from cash and cash equivalents, and trade and other receivables.
(i) Cash and cash equivalents and security deposits
Deposits are placed with Australian banks or independently rated parties with a minimum rating of ‘BBB+’. To reduce exposure deposits are placed with a variety of financial institutions.
The credit quality of financial assets can be assessed by reference to external credit ratings (if available) or to historical information about counterparty default rates:
In determining the credit quality of these financial assets, NEXTDC has used the long-term rating from Standard & Poor’s as of July 2019.
Table:
 | 30 June 2019 | 30 June 2018
 | $'000 | $'000
CASH AT BANK |  | 
AA rated | 398,999 | 417,982
SECURITY DEPOSITS |  | 
AA rated | 8,822 | 4,151


Question: Cash at bank or security deposits, which one was greater in 2019?
Answer: Cash at bank
Calculation: 398,999 vs 8,822
Restricted Stock Units
The Company intends to settle all vested restricted stock unit payments held by United States-based participants in shares of the Company’s common stock and classifies these awards as equity awards in its Consolidated Balance Sheets. Awards held by participants who are based outside of the United States will be settled in cash and are classified within accrued and other current liabilities on the Consolidated Balance Sheets as of December 31, 2019 and 2018
The following table summarizes the activity related to the unvested restricted stock units during the years ended December 31, 2019 and 2018:
Unrecognized compensation expense related to unvested restricted stock units was $731 at December 31, 2019, which is expected to be recognized as expense over the weighted-average period of 0.7 years.
During the years ended December 31, 2019 and 2018, the Company issued 642,520 and 782,364 shares, respectively, of common stock to participants of the 2016 Plan based in the United States, after withholding approximately 261,335 and 472,965 shares, respectively, to satisfy tax withholding obligations. The Company made a cash payment of $181 and $1,495 to cover employee withholding taxes upon the settlement of these vested restricted stock units during the years ended December 31, 2019 and 2018, respectively. During the years ended December 31, 2019 and 2018, the Company also paid $0 and $300 to cash-settle 16 and 100,025 vested restricted stock units by agreement with the Chief Operating Officer in relation to certain grants made to him and to pay cash in lieu of fractional shares for vested units held by participants based in the United States.
Table:
 | Number of Units | Weighted-Average Grant-Date Fair Value
Unvested restricted stock units outstanding - December 31, 2017 | 3,106,024 | $3.43
Granted | 853,736 | 1.46
Vested | (1,583,399) | 3.18
Forfeited | (563,400) | 3.39
Unvested restricted stock units outstanding - December 31, 2018 | 1,812,961 | $2.74
Granted | 60,000 | $0.98
Vested | (904,096) | $2.67
Forfeited | (263,450) | $2.71
Unvested restricted stock units outstanding - December 31, 2019 | 705,415 | $2.68


Question: What is the average number of units vested in 2017 and 2018?
Answer: 1243747.5
Calculation: (1,583,399 + 904,096)/2
Net periodic benefit cost — The components of the fiscal year net periodic benefit cost were as follows (in thousands):
Changes in presentation —As discussed in Note 1, Nature of Operations and Summary of Significant Accounting Policies, we adopted ASU 2017-07 during the first quarter of 2019 using the retrospective method, which changed the financial statement presentation of service costs and the other components of net periodic benefit cost. The service cost component continues to be included in operating income; however, the other components are now presented in a separate line below earnings from operations captioned “Other pension and post-retirement expenses, net” in our consolidated statements of earnings. Further, in connection with the adoption, plan administrative expenses historically presented as a component of service cost are now presented as a component of expected return on plan assets. The prior year components of net periodic benefit costs and assumptions on the long-term rate of return on assets have been recast to conform to current year presentation.
Prior service costs are amortized on a straight-line basis from date of participation to full eligibility. Unrecognized gains or losses are amortized using the “corridor approach” under which the net gain or loss in excess of 10% of the greater of the PBO or the market-related value of the assets, if applicable, is amortized. For our Qualified Plan, actuarial losses are amortized over the average future expected lifetime of all participants expected to receive benefits. For our SERP, actuarial losses are amortized over the expected remaining future lifetime for inactive participants, and for our postretirement health plans, actuarial losses are amortized over the expected remaining future lifetime of inactive participants expected to receive benefits.
Table:
 | 2019 | 2018 | 2017
Qualified Plan: |  |  | 
Interest cost | $19,825 | $19,463 | $19,889
Expected return on plan assets | (26,334) | (26,467) | (26,811)
Actuarial loss | 2,754 | 3,331 | 4,455
Net periodic benefit credit | $(3,755) | $(3,673) | $(2,467)
SERP: |  |  | 
Service cost | $— | $490 | $855
Interest cost | 3,080 | 2,894 | 2,850
Actuarial loss | 1,207 | 1,538 | 1,659
Amortization of unrecognized prior service cost | 115 | 146 | 153
Net periodic benefit cost | $4,402 | $5,068 | $5,517
Postretirement health plans: |  |  | 
Interest cost | $997 | $955 | $1,003
Actuarial (gain) loss | (159) | (27) | 162
Net periodic benefit cost | $838 | $928 | $1,165


Question: For Qualified Plan, what is the difference in interest cost between 2018 and 2019?
Answer: 362
Calculation: $19,825-$19,463
SUPERVISORY BOARD
The following table sets forth information concerning all remuneration (base compensation, no bonuses or pensions were paid) from the Company (including its subsidiaries) for services in all capacities to all current and former members of the Supervisory Board of the Company:
1 Period January 1 to May 28, 2018
2 Period as of May 28, 2018
The remuneration of members of the Supervisory Board has been determined by the 2018 Annual General Meeting of Shareholders.
No stock options or performance shares have been granted to members of the Supervisory Board.
Table:
 | Year ended  December 31 | 
 | 2018 | 2019
Supervisory Board: |  | 
J.C. Lobbezoo | 78.6 | 83.5
H.W. Kreutzer 1) | 21.4 | 0.0
M.C.J. van Pernis | 56.0 | 58.5
U.H.R. Schumacher | 53.5 | 56.0
S. Kahle-Galonske | 55.9 | 60.0
M.J.C. de Jong 2) | 34.0 | 57.5
TOTAL | 299.4 | 315.5


Question: For 2018, what is the order of the members arranged by ascending order in terms of remuneration?
Answer: H.W. Kreutzer, M.J.C. de Jong, U.H.R. Schumacher, S. Kahle-Galonske, M.C.J. van Pernis, J.C. Lobbezoo
Calculation: Sort the values in Col3 rows 4 to 9 in ascending order
5.0 FY 2019 Financial Performance and Analysis
The discussions in this section relate to the consolidated, Rupee-denominated financial results pertaining to the year that ended March 31, 2019. The financial statements of Tata Consultancy Services Limited and its subsidiaries (collectively referred to as ‘TCS’ or ‘the Company’) are prepared in accordance with the Indian Accounting Standards (referred to as ‘Ind AS’) prescribed under section 133 of the Companies Act, 2013, read with the Companies (Indian Accounting Standards) Rules, as amended from time to time. Significant accounting policies used in the preparation of the financial statements are disclosed in the notes to the consolidated financial statements.
The following table gives an overview of the consolidated financial results of the Company:
* EPS is adjusted for bonus issue
Table:
 |  |  |  |  | ` crore
 | FY 2019 | % of Revenue | % Growth | FY 2018 | % of Revenue
Revenue | 146,463 | 100.0 | 19.0 | 123,104 | 100.0
Earnings before interest, tax, depreciation and amortization (before other income) | 39,506 | 27.0 | 21.5 | 32,516 | 26.4
Profit Before Tax (PBT) | 41,563 | 28.4 | 21.9 | 34,092 | 27.7
Profit after tax attributable to shareholders of the Company | 31,472 | 21.5 | 21.9 | 25,826 | 21.0
Earnings per share (in `) | 83.05 | - | 23.8 | 67.10* | -


Question: What is the amount of tax expense for FY 2019?
Answer: 10091
Calculation: 41,563-31,472
Note 18 Other non-current assets
(1) These amounts have been pledged as security related to obligations for certain employee benefits and are not available for general use.
Table:
FOR THE YEAR ENDED DECEMBER 31 | NOTE | 2019 | 2018
Net assets of post-employment benefit plans | 24 | 558 | 331
Long-term notes and other receivables |  | 142 | 89
Derivative assets | 26 | 200 | 68
Publicly-traded and privately-held investments | 26 | 129 | 110
Investments (1) |  | 128 | 114
Other |  | 117 | 135
Total other non-current assets |  | 1,274 | 847


Question: What is the change in the total other non-current assets in 2019? 
Answer: 427
Calculation: 1,274-847
Note 6 — Accounts Receivable, net
The Company’s net accounts receivable consists of:
At December 31, 2019 and 2018, the Company had recorded allowances for doubtful accounts of $1.8 million and $1.3 million, respectively, against Restaurant/Retail segment accounts receivable. Write-offs of accounts receivable during fiscal years 2019 and 2018 were $0.3 million and $0.4 million, respectively. The bad debt expense which is recorded in the consolidated statements of operations was $0.8 million and $0.8 million in 2019 and 2018, respectively.
Receivables recorded as of December 31, 2019 and 2018 all represent unconditional rights to payments from customers.
Table:
 | December 31, | 
 | (in thousands) | 
 | 2019 | 2018
Government segment: |  | 
Billed | $11,608 | $9,100
Advanced billings | (608) | (563)
 | 11,000 | 8,537
Restaurant/Retail segment: |  | 
Accounts receivable - net | 30,774 | 17,682
 | $41,774 | $26,219


Question: How much was the Write-offs of accounts receivable during fiscal years 2019 and 2018 respectively?
Answer: $0.3 million, $0.4 million
Stock Options
The following table summarizes activity involving stock option awards for the year ended December 31, 2019:
The aggregate intrinsic value of our options outstanding and exercisable at December 31, 2019 was less than $1 million. The weighted-average remaining contractual term for such options was 0.18 years.
During 2019, we received net cash proceeds of less than $1 million in connection with our option exercises. The tax benefit realized from these exercises was less than $1 million. The total intrinsic value of options exercised for the years ended December 31, 2019, 2018 and 2017, was less than $1 million each year.
Table:
 | Number of options | Weighted-Average Exercise Price
 | (in thousands) | 
Outstanding and Exercisable at December 31, 2018 | 543 | $27.46
Exercised | (6) | 11.38
Forfeited/Expired | (68) | 24.78
Outstanding and Exercisable at December 31, 2019 | 469 | 28.04


Question: What was the aggregate intrinsic value of options outstanding and exercisable at December 31, 2019? 
Answer: less than $1 million
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
The Company’s common stock is traded on the NASDAQ Stock Market LLC under the symbol SAFM.
The number of stockholders of record as of December 12, 2019, was 2,742. The number of beneficial owners of our stock is greater than the number of holders of record, and the exact number is unknown.
The amount of future common stock dividends will depend on our earnings, financial condition, capital requirements, the effect a dividend would have on the Company's compliance with financial covenants and other factors, which will be considered by the Board of Directors on a quarterly basis.
During its fourth fiscal quarter, the Company repurchased shares of its common stock as follows:
1  All purchases were made pursuant to the Company's Stock Incentive Plan, as amended and restated on February 11, 2016, under which shares were withheld to satisfy tax withholding obligations.
2  On May 31, 2018, the Company’s Board of Directors expanded and extended the share repurchase program originally approved on October 22, 2009, under which the Company was originally authorized to purchase up to one million shares of its common stock and is now authorized to purchase up to two million shares of its common stock in open market transactions or negotiated purchases, subject to market conditions, share price and other considerations. The authorization will expire on May 31, 2021. During the fourth quarter of fiscal 2018, the Company purchased 823,385 shares in open market transactions under this program. The Company’s repurchases of vested restricted stock to satisfy tax withholding obligations of its Stock Incentive Plan participants are not made under the 2018 general repurchase plan.
3  Does not include vested restricted shares that may yet be repurchased under the Stock Incentive Plan as described in Note 1.
Table:
Period | (a) Total Number of Shares Purchased (1) | (b) Average Price Paid per Share | (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) | (d) Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs (2)(3)
Aug. 1 - Aug. 31, 2019  | — | — | — | 1,176,615
Sep. 1 - Sep. 30, 2019  | 901 | $151.33 | 901 | 1,176,615
Oct. 1 - Oct. 31, 2019  | 34,344 | $154.81 | 34,344 | 1,176,615
Total  | 35,245 | $154.72 | 35,245 | 1,176,615


Question: What is the change in the average price paid per share between September 2019 and October 2019?
Answer: 3.48
Calculation: 154.81-151.33
abiomed , inc . and subsidiaries notes to consolidated financial statements 2014 ( continued ) note 3 . acquisitions ( continued ) including the revenues of third-party licensees , or ( ii ) the company 2019s sale of ( a ) ecp , ( b ) all or substantially all of ecp 2019s assets , or ( c ) certain of ecp 2019s patent rights , the company will pay to syscore the lesser of ( x ) one-half of the profits earned from such sale described in the foregoing item ( ii ) , after accounting for the costs of acquiring and operating ecp , or ( y ) $ 15.0 million ( less any previous milestone payment ) . ecp 2019s acquisition of ais gmbh aachen innovative solutions in connection with the company 2019s acquisition of ecp , ecp acquired all of the share capital of ais gmbh aachen innovative solutions ( 201cais 201d ) , a limited liability company incorporated in germany , pursuant to a share purchase agreement dated as of june 30 , 2014 , by and among ecp and ais 2019s four individual shareholders . ais , based in aachen , germany , holds certain intellectual property useful to ecp 2019s business , and , prior to being acquired by ecp , had licensed such intellectual property to ecp . the purchase price for the acquisition of ais 2019s share capital was approximately $ 2.8 million in cash , which was provided by the company , and the acquisition closed immediately prior to abiomed europe 2019s acquisition of ecp . the share purchase agreement contains representations , warranties and closing conditions customary for transactions of its size and nature . purchase price allocation the acquisition of ecp and ais was accounted for as a business combination . the purchase price for the acquisition has been allocated to the assets acquired and liabilities assumed based on their estimated fair values . the acquisition-date fair value of the consideration transferred is as follows : acquisition date fair value ( in thousands ) .

Table:
 | total acquisition date fair value ( in thousands )
cash consideration | $ 15750
contingent consideration | 6000
total consideration transferred | $ 21750
.

Question: what portion of total consideration transferred for acquisition of ecp and ais is contingent consideration?
Answer: 27.6%
Calculation: divide(6000, 21750)