hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
ITEM 6. SELECTED FINANCIAL DATA (Dollars in thousands, except per share data and unless otherwise indicated)
The Selected Consolidated Statements of Operations Data for the years ended December 31, 2019, 2018 and 2017 and the Selected Consolidated Balance Sheet Data as of December 31, 2019 and 2018 were derived from our Consolidated Financial Statements included in Item 8 of this Form 10-K. The Selected Consolidated Statements of Operations Data for the years ended December 31, 2016 and 2015 and the Selected Consolidated Balance Sheet Data as of December 31, 2017 and 2016 were derived from our audited Consolidated Financial Statements not included in this Form 10-K. Our historical results are not necessarily indicative of the results to be expected in the future. You should read the following financial information together with the information under Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the Consolidated Financial Statements and related notes included in Item 8.
GS Holdings and GSLLC are our predecessors for accounting purposes and, accordingly, amounts prior to the Reorganization Transactions and IPO represent the historical consolidated operations of either GS Holdings or GSLLC and its subsidiaries. The amounts as of December 31, 2019 and 2018 and during the period from May 24, 2018 through December 31, 2019 represent those of consolidated GreenSky, Inc. and its subsidiaries. Prior to the Reorganization Transactions and IPO, GreenSky, Inc. did not engage in any business or other activities except in connection with its formation and initial capitalization. See Note 1 to the Notes to Consolidated Financial Statements in Item 8 for further information on our organization.
(1) Basic and diluted earnings per share of Class A common stock are applicable only for the period from May 24, 2018 through December 31, 2019, which is the period following the Reorganization Transactions and IPO. See Note 2 to the Notes to Consolidated Financial Statements in Item 8 for further information.
Table:
 |  |  | Year Ended December 31, |  | 
Selected Consolidated Statements of Operations Data: | 2019 | 2018 | 2017 | 2016 | 2015
Total revenue | $529,646 | $414,673 | $325,887 | $263,865 | $173,457
Cost of revenue (exclusive of depreciation and amortization) | 248,580 | 160,439 | 89,708 | 79,145 | 36,506
Total costs and expenses | 408,693 | 261,883 | 180,288 | 144,054 | 80,351
Operating profit | 120,953 | 152,790 | 145,599 | 119,811 | 93,106
Total other income (expense), net | (32,105) | (19,276) | (6,931) | 4,653 | 713
Income before income tax expense | 88,848 | 133,514 | 138,668 | 124,464 | 93,819
Income tax expense (benefit) | (7,125) | 5,534 | — | — | —
Net income | 95,973 | 127,980 | 138,668 | 124,464 | 93,819
Net income attributable to noncontrolling interests | 63,993 | 103,724 | N/A | N/A | N/A
Net income attributable to GreenSky, Inc. | 31,980 | 24,256 | N/A | N/A | N/A
Earnings per share of Class A common stock(1): |  |  |  |  | 
Basic | $0.52 | $0.43 | N/A | N/A | N/A
Diluted | $0.49 | $0.41 | N/A | N/A | N/A


Question: What was the operating profit in 2017?
Answer: 145,599
Netsmart Discontinued Operation
On December 31, 2018, we sold all of the Class A Common Units of Netsmart held by the Company in exchange for $566.6 million in cash plus a final settlement as determined following the closing.
Prior to the sale, Netsmart comprised a separate reportable segment, which due to its significance to our historical consolidated financial statements and results of operations, is reported as a discontinued operation as a result of the sale. Refer to Note 4, “Business Combinations and Other Investments” for additional information about this transaction.
The following table summarizes Netsmart’s major income and expense line items as reported in the consolidated statements of operations for the years ended December 31, 2018 and 2017:
(1) Activity includes both Netsmart and intercompany transactions that would not have been eliminated if Netsmart’s results were not consolidated.
Table:
 | Year ended December 31, | 
(In thousands) | 2018 | 2017
Major income and expense line items related to Netsmart: |  | 
Revenue: |  | 
Software delivery, support and maintenance | $214,065 | $198,204
Client services | 131,166 | 110,430
Total revenue | 345,231 | 308,634
Cost of revenue: |  | 
Software delivery, support and maintenance | 60,100 | 51,079
Client services | 94,061 | 78,317
Amortization of software development and acquisition related assets | 34,357 | 29,876
Total cost of revenue | 188,518 | 159,272
Gross profit | 156,713 | 149,362
Selling, general and administrative expenses | 125,807 | 85,583
Research and development | 25,315 | 17,937
Amortization of intangible and acquisition-related assets | 24,029 | 16,409
Income from discontinued operations of Netsmart | (18,438) | 29,433
Interest expense | (59,541) | (49,939)
Other income | 101 | 925
Loss from discontinued operations of Netsmart before income taxes | (77,878) | (19,581)
Income tax benefit | 22,933 | 45,253
(Loss) income from discontinued operations, net of tax for Netsmart | $(54,945) | $25,672


Question: What was the exchange amount in cash for the Class A Common Units of Netsmart?
Answer: $566.6 million
Services
Teradyne services consist of extended warranties, training and application support, service agreement, post contract customer support (“PCS”) and replacement parts. Each service is recognized based on relative standalone selling price. Extended warranty, training and support, service agreements and PCS are recognized over time based on the period of service. Replacement parts are recognized at a point in time upon transfer of control to the customer.
Teradyne does not allow customer returns or provide refunds to customers for any products or services. Teradyne products include a standard 12-month warranty. This warranty is not considered a distinct performance obligation because it does not obligate Teradyne to provide a separate service to the customer and it cannot be purchased separately. Cost related to warranty are included in cost of revenues when product revenues are recognized.
As of December 31, 2019 and 2018, deferred revenue and customer advances consisted of the following and are included in the short and long-term deferred revenue and customer advances:
Table:
 | 2019 | 2018
 | (in thousands) | 
Maintenance, service and training | $63,815 | $58,362
Extended warranty | 30,677 | 27,422
Customer advances, undelivered elements and other | 56,358 | 24,677
Total deferred revenue and customer advances | $150,850 | $110,461


Question: Where are deferred revenue and customer advances included in?
Answer: the short and long-term deferred revenue and customer advances
entergy gulf states louisiana , l.l.c . management 2019s financial discussion and analysis plan to spin off the utility 2019s transmission business see the 201cplan to spin off the utility 2019s transmission business 201d section of entergy corporation and subsidiaries management 2019s financial discussion and analysis for a discussion of this matter , including the planned retirement of debt and preferred securities . results of operations net income 2011 compared to 2010 net income increased $ 12.3 million primarily due to lower interest expense and lower other operation and maintenance expenses , offset by higher depreciation and amortization expenses and a higher effective income tax 2010 compared to 2009 net income increased $ 37.7 million primarily due to higher net revenue , a lower effective income tax rate , and lower interest expense , offset by higher other operation and maintenance expenses , lower other income , and higher taxes other than income taxes . net revenue 2011 compared to 2010 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 credits . following is an analysis of the change in net revenue comparing 2011 to 2010 . amount ( in millions ) .

Table:
 | amount ( in millions )
2010 net revenue | $ 933.6
retail electric price | -20.1 ( 20.1 )
volume/weather | -5.2 ( 5.2 )
fuel recovery | 14.8
transmission revenue | 12.4
other | -2.1 ( 2.1 )
2011 net revenue | $ 933.4
the retail electric price variance is primarily due to an increase in credits passed on to customers as a result of the act 55 storm cost financing .
see 201cmanagement 2019s financial discussion and analysis 2013 hurricane gustav and hurricane ike 201d and note 2 to the financial statements for a discussion of the act 55 storm cost financing .
the volume/weather variance is primarily due to less favorable weather on the residential sector as well as the unbilled sales period .
the decrease was partially offset by an increase of 62 gwh , or 0.3% ( 0.3 % ) , in billed electricity usage , primarily due to increased consumption by an industrial customer as a result of the customer 2019s cogeneration outage and the addition of a new production unit by the industrial customer .
the fuel recovery variance resulted primarily from an adjustment to deferred fuel costs in 2010 .
see note 2 to the financial statements for a discussion of fuel recovery. .

Question: by what percentage point did the net income margin improve in 2011?
Answer: 1.3
Calculation: divide(12.3, 933.4)
16. INCOME TAXES
The provision for (benefit from) income taxes on income from continuing operations before income taxes consists of the following (in thousands):
Table:
 | 2019 | 2018 | 2017
Currently payable: |  |  | 
Federal | $1,995 | $1,163 | $5,617
State | 557 | 114 | 1,022
Foreign | 13,448 | 107,487 | 116,022
 | 16,000 | 108,764 | 122,661
Deferred and other: |  |  | 
Federal | (407) | 26,334 | 1,413
State | 516 | (489) | (153)
Foreign | (9,886) | (20,414) | (30,510)
 | (9,777) | 5,431 | (29,250)
Provision for income taxes | $6,223 | $114,195 | $93,411


Question: What was the Provision for income taxes in 2019?
Answer: $6,223
Item 6. Selected Financial Data
The following tables set forth our selected financial data for the periods and at the dates indicated. The selected financial data from the consolidated statements of operations and consolidated statements of cash flows for the years ended December 31, 2019, 2018, and 2017 and the selected financial data from the consolidated balance sheets as of December 31, 2019 and 2018 have been derived from the audited consolidated financial statements included in this Annual Report on Form 10-K. The selected financial data from the consolidated statements of operations and consolidated statements of cash flows for the years ended December 31, 2016 and 2015 and the selected financial data from the consolidated balance sheets as of December 31, 2017, 2016, and 2015 have been derived from audited consolidated financial statements not included in this Annual Report on Form 10-K. The information presented below should also be read in conjunction with our consolidated financial statements and the related notes thereto and Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
Table:
 |  |  | Years Ended December 31, |  | 
 | 2019 | 2018 | 2017 | 2016 | 2015
 |  |  | (In thousands, except per share amounts) |  | 
Net sales . | $3,063,117 | $2,244,044 | $2,941,324 | $2,904,563 | $4,112,650
Gross profit | 549,212 | 392,177 | 548,947 | 638,418 | 1,132,762
Operating (loss) income . | (161,785) | 40,113 | 177,851 | (568,151) | 730,159
Net (loss) income | (114,933) | 144,326 | (165,615) | (416,112) | 593,406
Net (loss) income per share: |  |  |  |  | 
Basic . | $(1.09) | $1.38 | $(1.59) | $(4.05) | $5.88
Diluted . | $(1.09) | $1.36 | $(1.59) | $(4.05) | $5.83
Cash dividends declared per common share. | $— | $— | $— | $— | $—
Net cash provided by (used in) operating |  |  |  |  | 
activities | $174,201 | $(326,809) | $1,340,677 | $206,753 | $(325,209)
Net cash (used in) provided by investing |  |  |  |  | 
activities | (362,298) | (682,714) | (626,802) | 144,520 | (156,177)
Net cash provided by (used in) financing |  |  |  |  | 
activities | 74,943 | 255,228 | 192,045 | (136,393) | 101,207
 |  |  | December 31, |  | 
 | 2019 | 2018 | 2017 | 2016 | 2015
 |  |  | (In thousands) |  | 
Cash and cash equivalents . | $1,352,741 | $1,403,562 | $2,268,534 | $1,347,155 | $1,126,826
Marketable securities . | 811,506 | 1,143,704 | 720,379 | 607,991 | 703,454
Total assets . | 7,515,689 | 7,121,362 | 6,864,501 | 6,824,368 | 7,360,392
Total long-term debt | 471,697 | 466,791 | 393,540 | 188,388 | 289,415
Total liabilities | 2,418,922 | 1,908,959 | 1,765,804 | 1,606,019 | 1,741,996
Total stockholders’ equity . | 5,096,767 | 5,212,403 | 5,098,697 | 5,218,349 | 5,618,396


Question: What was the net income per basic share in 2018?
Answer: $1.38
Results of Operations
The following tables set forth selected consolidated statements of operations data and such data as a percentage of total revenues. The historical results presented below are not necessarily indicative of the results that may be expected for any future period (in thousands):
Table:
 |  | Year ended December 31, | 
 | 2019 | 2018 | 2017
Revenues |  |  | 
Subscriptions | $817,811 | $612,888 | $465,254
Other | 85,047 | 60,736 | 38,363
Total revenues | 902,858 | 673,624 | 503,617
Cost of revenues |  |  | 
Subscriptions | 160,320 | 109,454 | 89,193
Other | 70,723 | 47,675 | 32,078
Total cost of revenues | 231,043 | 157,129 | 121,271
Gross profit | 671,815 | 516,495 | 382,346
Operating expenses |  |  | 
Research and development | 136,363 | 101,042 | 75,148
Sales and marketing | 439,100 | 329,116 | 240,223
General and administrative | 142,027 | 102,773 | 72,313
Total operating expenses | 717,490 | 532,931 | 387,684
Loss from operations | (45,675) | (16,436) | (5,338)
Other income (expense), net |  |  | 
Interest expense | (20,512) | (16,102) | (99)
Other income, net | 9,247 | 6,475 | 1,491
Other income (expense), net | (11,265) | (9,627) | 1,392
Loss before income taxes | (56,940) | (26,063) | (3,946)
Provision for (benefit from) income taxes | (3,333) | 140 | 258
Net loss | $(53,607) | $(26,203) | $(4,204)


Question: What are the respective total revenue in 2017, 2018 and 2019?
Answer: 503,617, 673,624, 902,858
Net Settlement of Equity Awards
The majority of restricted stock units are subject to vesting. The underlying shares of common stock are issued when the restricted stock units vest. The majority of participants choose to participate in a broker-assisted automatic sales program to satisfy their applicable tax withholding requirements. We do not treat the shares sold pursuant to this automatic sales program as common stock repurchases.
In the fourth quarter of 2019, we withheld 83,327 shares through net settlements (where the award holder receives the net of the shares vested, after surrendering a portion of the shares back to the Company for tax withholding) for restricted stock units that vested for some of our executive officers.
The following table provides a summary of the Company’s repurchase of common stock under the Repurchase Program and shares surrendered back to the Company for tax withholding on restricted stock units that vested under our equity incentive programs in the three months ended December 31, 2019:
Table:
Period | Total Number of Shares Repurchased | Average Price Paid per Share | Total Number of Shares Purchased as part of a Publicly Announced Program | Maximum Dollar Value of shares that may yet be purchased under the Repurchase Program
October 1, 2019 through October 31, 2019 | - | - | - - | $12,544,543
November 1, 2019 through November 30, 2019 | 274,681 | $4.82 | 191,354 | $11,620,641
December 1, 2019 through December 31, 2019 | 374,490 | $4.70 | 374,490 | $9,859,153
Total shares repurchased | 649,171 | $4.75 | 565,844 | $9,859,153


Question: What is the Maximum Dollar Value of shares that may yet be purchased under the Repurchase Program during October 1, 2019 through October 31, 2019 and during November 1, 2019 through November 30, 2019 respectively?
Answer: 12,544,543, 11,620,641
The operating expense line items in our income statement include the following share-based payment expenses:
Share-Based Payment Expenses by Functional Area
In 2019, we paid €79 million in share-based payments that became fully vested because of terminations due to operational reasons in connection with our restructuring plan. These payments as well as the expense portion initially allocated to future services were classified as share-based payments and not as restructuring expenses.
Table:
€ millions | 2019 | 2018 | 2017
Cost of cloud and software | 138 | 78 | 115
Cost of services | 246 | 142 | 158
Research and development | 429 | 210 | 269
Sales and marketing | 562 | 312 | 442
General and administration | 461 | 88 | 135
Share-based payment expenses | 1,835 | 830 | 1,120
Thereof cash-settled share-based payments | 1,664 | 674 | 963
Thereof equity-settled share-based payments | 171 | 156 | 157


Question: In which years were the Share-Based Payment Expenses by Functional Area calculated?
Answer: 2019, 2018, 2017
The following is a reconciliation of the beginning and ending amounts of unrecognized income tax benefits (in thousands):
The amount of unrecognized tax benefits that, if recognized, would impact the effective tax rate is $ 1.5 million and $4.6 million for the fiscal years ended September 28, 2019 and September 29, 2018, respectively.
The Company recognizes accrued interest and penalties related to unrecognized tax benefits in income tax expense. The total accrued penalties and net accrued interest with respect to income taxes was approximately $0.2 million for each of the fiscal years ended September 28, 2019, September 29, 2018 and September 30, 2017. The Company recognized less than $0.1 million of expense for accrued penalties and net accrued interest in the Consolidated Statements of Comprehensive Income for each of the fiscal years ended September 28, 2019, September 29, 2018 and September 30, 2017.
Table:
 | 2019 | 2018 | 2017
Balance at beginning of fiscal year  | $5,841 | $3,115 | $2,799
Gross increases for tax positions of prior years | 62 | 21 | 184
Gross increases for tax positions of the current year | 39 | 2,893 | 163
Gross decreases for tax positions of prior years  | (3,672) | (188) | (31)
Balance at end of fiscal year | 2,270 | 5,841 | 3,115


Question: What was the Balance at end of fiscal year in 2017?
Answer: 3,115
NOTE 19—RESTRUCTURING
In 2019, we initiated projects to restructure and modify our supply chain strategy, functional responsibilities, methods, capabilities, processes and rationalize suppliers with the goal of reducing ongoing costs and increasing the efficiencies of our worldwide procurement organization. The majority of the costs associated with these restructuring activities are related to consultants that we have engaged in connection with these efforts, and such costs have been recognized by our corporate entity. The total costs of this restructuring project are expected to exceed amounts incurred to date by $0.9 million and these efforts are expected to be completed early in fiscal 2020. Also, in fiscal 2019 our CTS and CGD segments incurred restructuring charges, consisting primarily of employee severance costs related to headcount reductions initiated to optimize our cost positions. The total costs of each of these restructuring plans initiated thus far are not expected to be significantly greater than the charges incurred to date.
Our fiscal 2018 restructuring activities related primarily to expenses incurred by our corporate entity to establish a North American shared services center. Our fiscal 2017 restructuring activities included corporate efforts to increase the centralization and efficiency of our manufacturing processes, as well as restructuring charges incurred by our CGD businesses related to the elimination of a level of management in the CGD simulator business.
Restructuring charges incurred by our business segments were as follows (in millions):
Table:
 |  | Years Ended September 30, | 
 | 2019 | 2018 | 2017
Restructuring costs: |  |  | 
Cubic Transportation Systems | $  3.2 | $  0.4 | $  0.4
Cubic Mission Solutions | — | 0.2 | —
Cubic Global Defense | 3.3 | 1.3 | 0.9
Unallocated corporate expenses | 8.9 | 3.1 | 1.0
Total restructuring costs | $  15.4 | $  5.0 | $  2.3


Question: What is the change in the amount of total restructuring costs in 2019 from 2018?
Answer: 10.4
Calculation: 15.4-5.0
The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition.
The amount recorded for developed technology represents the estimated fair value of OpsGenie’s incident management and alerting technology. The amount recorded for customer relationships represents the fair value of the underlying relationships with OpsGenie customers. The amount recorded for trade name represents the fair value of OpsGenie trade name.
Table:
 | Fair Value | Useful Life
 | (U.S. $ in thousands) | (years)
Developed technology | $35,600 | 5
Customer relationships | 48,600 | 10
Trade name | 3,700 | 5
Total intangible assets subject to amortization | $87,900 | 


Question: What is the percentage constitution of customer relationships among the total intangible assets subject to amortization?
Answer: 55.29
Calculation: 48,600/87,900
iv) Shareholding Pattern of top ten shareholders (other than Directors, Promoters and holder of GDRs and ADRs):
* The shares of the Company are traded on daily basis and hence the datewise increase/decrease in shareholding is not indicated. Shareholding is consolidated based on permanent account number (PAN) of the shareholder.
Table:
Top Ten Shareholders* | Shareholding at the beginning of the year April 1, 2018 |  | Cumulative shareholding at end of the year March 31, 2019 | 
 | No. of shares | % of total shares of the Company | No. of shares | % of total shares of the Company
1. Life Insurance Corporation of India | 75,384,947 | 3.9 | 152,493,927 | 4.1
2. SBI Mutual Fund | 7,056,720 | 0.4 | 21,680,561 | 0.6
3. First State Investments Icvc- Stewart Investors Asia Pacific Leaders Fund | 15,054,489 | 0.8 | 19,248,438 | 0.5
4. Government of Singapore | 6,497,754 | 0.3 | 18,028,475 | 0.5
5.Oppenheimer Developing Markets Fund | 7,996,009 | 0.4 | 16,731,906 | 0.5
6.ICICI Prudential Life Insurance Company Ltd | 3,886,141 | 0.2 | 16,139,316 | 0.4
7.Axis Mutual Fund Trustee Limited | 4,055,256 | 0.2 | 15,244,614 | 0.4
8.Abu Dhabi Investment Authority | 6,296,384 | 0.3 | 15,036,984 | 0.4
9. Vanguard Emerging Markets Stock Index Fund, A Series of Vanguard International Equity Index Funds | 7,595,080 | 0.4 | 14,112,213 | 0.4
10. Vanguard Total International Stock Index Fund | 6,179,273 | 0.3 | 13,978,944 | 0.4


Question: At end of the year March 31 2019, how many cumulative shares do the top ten shareholders hold in total?
Answer: 302695378
Calculation: 152,493,927+21,680,561+19,248,438+18,028,475+16,731,906+16,139,316+15,244,614+15,036,984+14,112,213+13,978,944
Fair Value of Financial Instruments
The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis (in millions):
(1) Reported as other current assets in the consolidated balance sheets
(2) Reported as other non-current assets in the consolidated balance sheets
(3) Reported as accrued expenses in the consolidated balance sheets
Table:
 |  | April 26, 2019 | 
 |  | Fair Value Measurements at Reporting Date Using | 
 | Total | Level 1 | Level 2
Cash | $ 2,216 | $  2,216 | $  —
Corporate bonds | 1,353 | — | 1,353
U.S. Treasury and government debt securities | 213 | 131 | 82
Certificates of deposit | 117 | — | 117
Total cash, cash equivalents and short-term investments | $ 3,899 | $ 2,347 | $ 1,552
Other items: |  |  | 
Mutual funds (1) | $ 6 | $  6 | $  —
Mutual funds (2) | $ 29 | $  29 | $  —
Foreign currency exchange contracts assets (1) | $ 4 | $  — | $ 4
Foreign currency exchange contracts liabilities (3) | (1 ) | $  — | (1 )


Question: What was the difference in the fair value for U.S. Treasury and government debt securities between Level 1 and Level 2?
Answer: 49
Calculation: 131-82