hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Europe
Europe net revenues increased $749,000 in 2019 compared to 2018 (see “Revenues” above). Europe expenses increased $1.3 million from 2018 to 2019 primarily due to increased marketing costs.
Foreign currency movements relative to the U.S. dollar negatively impacted our local currency income from our operations in Europe by approximately $207,000 and $181,000 for 2019 and 2018, respectively.
Table:
Year Ended December 31, |  | 
 | 2019 | 2018
(In thousands) |  | 
Revenues | $36,898 | $36,149
Income from operations | $4,461 | $4,973
Income from operations as a % of revenues | 12% | 14%


Question: What is the change in income from operations between 2018 and 2019?
Answer: -512
Calculation: 4,461-4,973
8. Earnings Per Share
Basic earnings per share is computed in accordance with ASC 260, Earnings per Share, based on weighted average outstanding common shares. Diluted earnings per share is computed based on basic weighted average outstanding common shares adjusted for the dilutive effect of stock options, RSUs, and certain contingently issuable shares for which performance targets have been achieved.
The following table reconciles the weighted average share amounts used to compute both basic and diluted earnings per share (in thousands):
The diluted earnings per share computation excludes 1.8 million, 2.2 million, and 3.9 million options to purchase shares, RSUs, and contingently issuable shares during the years ended December 31, 2019, 2018, and 2017, respectively, as their effect would be antidilutive.
Common stock outstanding as of December 31, 2019 and 2018, was 115,986,352 and 116,123,361, respectively.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Weighted average shares outstanding: |  |  | 
Basic weighted average shares outstanding | 116,175 | 116,057 | 118,059
Add: Dilutive effect of stock options, RSUs, and contingently issuable |  |  | 
shares | 2,396 | 1,575 | 1,385
Diluted weighted average shares outstanding | 118,571 | 117,632 | 119,444


Question: What was the percentage change in Diluted weighted average shares outstanding between 2018 and 2019?
Answer: 0.8
Calculation: (118,571-117,632)/117,632
Non-GAAP Financial Measures
To complement our Consolidated Statements of Operations and Cash Flows, we use non-GAAP financial measures of Adjusted gross margin, Adjusted operating income, Adjusted net income, and Adjusted EBITDA. We believe that Adjusted gross margin, Adjusted operating income, Adjusted net income, and Adjusted EBITDA are complements to U.S. GAAP amounts and such measures are useful to investors. The presentation of these non-GAAP measures is not meant to be considered in isolation or as an alternative to net income as an indicator of our performance, or as an alternative to cash flows from operating activities as a measure of liquidity.
The following table provides a reconciliation from U.S. GAAP Gross margin to non-GAAP Adjusted gross margin (amounts in thousands):
(1) Fiscal years ending March 31, 2018 and 2017 adjusted due to the adoption of ASC 606.
(2) $0.9 million in costs incurred during fiscal year 2018 related to the relocation of the Company's tantalum powder facility equipment from Carson City, Nevada to its existing Matamoros, Mexico plant were reclassified from “Plant start-up costs” to “Restructuring charges” during fiscal year 2019.
Table:
 |  | Fiscal Years Ended March 31, | 
 | 2019 | 2018 | 2017
Net sales (1) | $1,382,818 | $1,200,181 | $757,338
Cost of sales (1) | 924,276 | 860,744 | 571,944
Gross Margin (GAAP) (1) | 458,542 | 339,437 | 185,394
Gross margin as a % of net sales | 33.2% | 28.3% | 24.5%
Non-GAAP adjustments: |  |  | 
Plant start-up costs (2) | (927) | 929 | 427
Stock-based compensation expense | 2,756 | 1,519 | 1,384
Adjusted gross margin (non-GAAP) (1) | $460,371 | $341,885 | $187,205
Adjusted gross margin as a % of net sales | 33.3% | 28.5% | 24.7%


Question: Which years does the table provide information for the  reconciliation from U.S. GAAP Gross margin to non-GAAP Adjusted gross margin?
Answer: 2019, 2018, 2017
republic services , inc . notes to consolidated financial statements 2014 ( continued ) in december 2008 , the board of directors amended and restated the republic services , inc . 2006 incentive stock plan ( formerly known as the allied waste industries , inc . 2006 incentive stock plan ( the 2006 plan ) ) . allied 2019s shareholders approved the 2006 plan in may 2006 . the 2006 plan was amended and restated in december 2008 to reflect republic as the new sponsor of the plan , and that any references to shares of common stock are to shares of common stock of republic , and to adjust outstanding awards and the number of shares available under the plan to reflect the allied acquisition . the 2006 plan , as amended and restated , provided for the grant of non- qualified stock options , incentive stock options , shares of restricted stock , shares of phantom stock , stock bonuses , restricted stock units , stock appreciation rights , performance awards , dividend equivalents , cash awards , or other stock-based awards . awards granted under the 2006 plan prior to december 5 , 2008 became fully vested and nonforfeitable upon the closing of the allied acquisition . no further awards will be made under the 2006 stock options we use a lattice binomial option-pricing model to value our stock option grants . we recognize compensation expense on a straight-line basis over the requisite service period for each separately vesting portion of the award , or to the employee 2019s retirement eligible date , if earlier . expected volatility is based on the weighted average of the most recent one year volatility and a historical rolling average volatility of our stock over the expected life of the option . the risk-free interest rate is based on federal reserve rates in effect for bonds with maturity dates equal to the expected term of the option . we use historical data to estimate future option exercises , forfeitures ( at 3.0% ( 3.0 % ) for each of the periods presented ) and expected life of the options . when appropriate , separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes . the weighted-average estimated fair values of stock options granted during the years ended december 31 , 2014 , 2013 and 2012 were $ 5.74 , $ 5.27 and $ 4.77 per option , respectively , which were calculated using the following weighted-average assumptions: .

Table:
 | 2014 | 2013 | 2012
expected volatility | 27.5% ( 27.5 % ) | 28.9% ( 28.9 % ) | 27.8% ( 27.8 % )
risk-free interest rate | 1.4% ( 1.4 % ) | 0.7% ( 0.7 % ) | 0.8% ( 0.8 % )
dividend yield | 3.2% ( 3.2 % ) | 3.2% ( 3.2 % ) | 3.2% ( 3.2 % )
expected life ( in years ) | 4.6 | 4.5 | 4.5
contractual life ( in years ) | 7.0 | 7.0 | 7.0
.

Question: what was the percentage change in the expected volatility from 2012 to 2013
Answer: 3.95%
Calculation: subtract(28.9, 27.8), divide(#0, 27.8)
P. Income Taxes
VMware’s income tax provision (benefit) for the periods presented consisted of the following (table in millions):
Table:
 |  | For the Year Ended | 
 | January 31, 2020 | February 1, 2019 | February 2, 2018
Federal: |  |  | 
Current | $78 | $181 | $688
Deferred | (219) | (92) | 275
 | (141) | 89 | 963
State: |  |  | 
Current | 45 | 31 | 8
Deferred | (44) | (10) | 21
 | 1 | 21 | 29
Foreign: |  |  | 
Current | 240 | 137 | 156
Deferred | (5,018) | (8) | 4
 | (4,778) | 129 | 160
Total income tax provision (benefit) | $(4,918) | $239 | $1,152


Question: What was the current federal income tax provision in 2019?
Answer: 181
The table below shows the annual pension entitlement earned during the Executive Board membership of each member of the Executive Board on reaching the scheduled retirement age of 62, based on entitlements from SAP under performance-based and salary-linked plans.
Annual Pension Entitlement
1) The rights shown here for Bill McDermott refer solely to rights under the pension plan for SAP America.
These are vested entitlements. To the extent that members continue to serve on the Executive Board and that therefore more contributions are made for them in the future, pensions actually payable at the scheduled retirement age will be higher than the amounts shown in the table.
Table:
€ thousands | Vested on 12/31/2019 | Vested on 12/31/2018
Christian Klein (Co-CEO from 10/11/2019) | 8.2 | 4.1
Adaire Fox-Martin | 11.8 | 7.3
Michael Kleinemeier | 20.0 | 14.8
Bernd Leukert (until 3/31/2019) | 34.7 | 24.6
Bill McDermott (CEO until 10/10/2019, Executive Board Member until 11/15/2019)1) | 90.8 | 105.1
Luka Mucic | 27.6 | 23.2
Jürgen Müller (from 1/1/2019) | 4.8 | -
Stefan Ries | 16.8 | 12.6
Thomas Saueressig (from 11/1/2019) | 0.2 | -


Question: What do the rights for Bill McDermott refer to? 
Answer: refer solely to rights under the pension plan for SAP America.
6. Supplemental Financial Information
Cash and cash equivalents (in millions):
The following table presents cash and cash equivalents as reported in our consolidated balance sheets, as well as the sum of cash, cash equivalents and restricted cash as reported on our consolidated statement of cash flows in accordance with our adoption of the ASU discussed in Note 1 – Description of Business and Significant Accounting Policies.
Table:
 | April 26, 2019 | April 26, 2018
Cash | $ 2,216 | $ 2,727
Cash equivalents | 109 | 214
Cash and cash equivalents | $ 2,325 | $ 2,941
Short-term restricted cash | 5 | 5
Long-term restricted cash | 1 | 1
Restricted cash | $ 6 | $ 6
Cash, cash equivalents and restricted cash | $ 2,331 | $ 2,947


Question: What was the change in cash between 2018 and 2019?
Answer: -511
Calculation: 2,216-2,727
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
8. ACCRUED EXPENSES
Accrued expenses consisted of the following:
Table:
 | As of | 
 | December 31, 2019 | December 31, 2018
Accrued property and real estate taxes | $198.1 | $169.7
Accrued pass-through costs | 74.2 | 71.2
Amounts payable to tenants | 77.9 | 93.5
Accrued rent | 75.6 | 61.4
Payroll and related withholdings | 102.4 | 90.4
Accrued construction costs | 27.8 | 41.5
Accrued income tax payable | 55.2 | 57.9
Other accrued expenses | 347.0 | 362.7
Accrued expenses | $958.2 | $948.3


Question: What is the sum of the three highest expenses in 2019?
Answer: 647.5
Calculation: 198.1+102.4+ 347.0
Fiscal 2018 Restructuring Plan
During Fiscal 2018 and in the context of our acquisitions of Covisint, Guidance and Hightail (each defined below), we began to implement restructuring activities to streamline our operations (collectively referred to as the Fiscal 2018 Restructuring Plan). The Fiscal 2018 Restructuring Plan charges relate to workforce reductions and facility consolidations. These charges require management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. Our estimated liability could change subsequent to its recognition, requiring adjustments to the expense and the liability recorded. On a quarterly basis, we conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.
Since the inception of the plan, approximately $10.7 million has been recorded within "Special charges (recoveries)" to date. We do not expect to incur any further significant charges relating to this plan.
A reconciliation of the beginning and ending liability for the year ended June 30, 2019 and 2018 is shown below.
Table:
Fiscal 2018 Restructuring Plan | Workforce reduction | Facility costs | Total
Balance payable as at June 30, 2017 | $— | $— | $—
Accruals and adjustments | 8,511 | 1,643 | 10,154
Cash payments | (8,845) | (489) | (9,334)
Foreign exchange and other non-cash adjustments | 892 | 11 | 903
Balance payable as at June 30, 2018 | $558 | $1,165 | $1,723
Accruals and adjustments | (20) | 535 | 515
Cash payments | (337) | (928) | (1,265)
Foreign exchange and other non-cash adjustments | (51) | (286) | (337)
Balance payable as at June 30, 2019 | $150 | $486 | $636


Question: What is the Balance payable as at June 30, 2019 for workforce reduction?
Answer: 150
performance graph the graph below compares the cumulative total shareholder return on pmi's common stock with the cumulative total return for the same period of pmi's peer group and the s&p 500 index . the graph assumes the investment of $ 100 as of december 31 , 2012 , in pmi common stock ( at prices quoted on the new york stock exchange ) and each of the indices as of the market close and reinvestment of dividends on a quarterly basis . date pmi pmi peer group ( 1 ) s&p 500 index .

Table:
date | pmi | pmi peer group ( 1 ) | s&p 500 index
december 31 2012 | $ 100.00 | $ 100.00 | $ 100.00
december 31 2013 | $ 108.50 | $ 122.80 | $ 132.40
december 31 2014 | $ 106.20 | $ 132.50 | $ 150.50
december 31 2015 | $ 120.40 | $ 143.50 | $ 152.60
december 31 2016 | $ 130.80 | $ 145.60 | $ 170.80
december 31 2017 | $ 156.80 | $ 172.70 | $ 208.10
( 1 ) the pmi peer group presented in this graph is the same as that used in the prior year , except reynolds american inc .
was removed following the completion of its acquisition by british american tobacco p.l.c .
on july 25 , 2017 .
the pmi peer group was established based on a review of four characteristics : global presence ; a focus on consumer products ; and net revenues and a market capitalization of a similar size to those of pmi .
the review also considered the primary international tobacco companies .
as a result of this review , the following companies constitute the pmi peer group : altria group , inc. , anheuser-busch inbev sa/nv , british american tobacco p.l.c. , the coca-cola company , colgate-palmolive co. , diageo plc , heineken n.v. , imperial brands plc , japan tobacco inc. , johnson & johnson , kimberly-clark corporation , the kraft-heinz company , mcdonald's corp. , mondel z international , inc. , nestl e9 s.a. , pepsico , inc. , the procter & gamble company , roche holding ag , and unilever nv and plc .
note : figures are rounded to the nearest $ 0.10. .

Question: what was the difference in percentage cumulative total shareholder return on pmi's common stock versus the s&p 500 index for the five years ended december 31 , 2017?
Answer: -51.3%
Calculation: subtract(156.80, const_100), divide(#0, const_100), subtract(208.10, const_100), divide(#2, const_100), subtract(#1, #3)
As of June 30, 2018, the Group’s investments consisted of the following:
As of June 30, 2018, the Group had $323.1 million of investments which were classified as short-term investments on the Group’s consolidated statements of financial position. Additionally, the Group had certificates of deposit and time deposits totaling $3.6 million which were classified as long-term and were included in other non- current assets on the Group’s consolidated statements of financial position.
Table:
 | Amortized Cost | Unrealized Gains | Unrealized Losses | Fair Value
 |  | (U.S. $ in thousands) |  | 
Debt Investments |  |  |  | 
U.S. treasury securities | $52,809 | $— | $(109) | $52,700
Agency securities | 22,097 | — | (82) | 22,015
Certificates of deposit and time deposits | 58,824 | — | — | 58,824
Commercial paper | 35,372 | — | — | 35,372
Corporate debt securities | 158,538 | 14 | (669) | 157,883
Total investments | $327,640 | $14 | $(860) | $326,794


Question: Based on fair value, what is the percentage constitution of corporate debt securities among the total investments?
Answer: 48.31
Calculation: 157,883/326,794
Stock Appreciation Rights Awards
During the second quarter of fiscal 2019, in connection with the completion of the Pinnacle acquisition, we granted 2.3 million cash-settled stock appreciation rights with a fair value estimated at closing date using a Black-Scholes option-pricing model and a grant date price of $36.37 per share to Pinnacle employees in replacement of their unvested stock option awards that were outstanding as of the closing date. Approximately $14.8 million of the fair value of the replacement awards granted to Pinnacle employees was attributable to pre-combination service and was included in the purchase price and established as a liability. As of May 26, 2019, the liability of the replacement stock appreciation rights was $0.9 million, which includes post-combination service expense, the mark-to-market of the liability, and the impact of payouts since acquisition.
The compensation income for our cash-settled stock appreciation rights totaled $13.7 million for fiscal 2019. Included in this amount is income of $14.0 million related to the mark-to-market of the liability established in connection with the Pinnacle acquisition and expense of $0.2 million for accelerated vesting of awards related to Pinnacle integration restructuring activities, net of the impact of marking-to-market these awards based on a lower market price of Conagra common shares. The related tax expense for fiscal 2019 was $3.4 million.
A summary of the stock appreciation rights activity as of May 26, 2019 and changes during the fiscal year then ended is presented below:
Table:
 | Number of Options (in Millions) | Weighted Average Exercise Price | Average Remaining Contractual Term (Years) | Aggregate Intrinsic Value (in Millions)
Granted | 2.3 | $27.09 |  | 
Exercised | (0.1) | $24.79 |  | $0.1
Expired | (1.8) | $26.92 |  | 
Outstanding at May 26, 2019 | 0.4 | $28.13 | 0.16 | $0.6
Exercisable at May 26, 2019 | 0.4 | $28.13 | 0.16 | $0.6


Question: What was the total intrinsic value of exercisable stock appreciation rights during fiscal 2019?
Answer: $0.6
(1) Exclude adjustments related to the migration to the new customer management system implemented during the third quarter of fiscal 2018.
During the third quarter of fiscal 2018, the Canadian broadband services segment implemented a new customer management system, replacing 22 legacy systems. While the customer management system was still in the stabilization phase, contact center congestion resulted in lower services activations during most of the fourth quarter of fiscal 2018. Contact center and marketing operations had returned to normal at the end of the first quarter of 2019.
Variations of each services are also explained as follows:
INTERNET Fiscal 2019 fourth-quarter Internet service customers net additions stood at 2,540 compared to net losses of 2,965 for the same period of the prior year mainly due to: • the ongoing interest in high speed offerings; • the sustained interest in bundle offers; and • the increased demand from Internet resellers; partly offset by • competitive offers in the industry.
VIDEO Fiscal 2019 fourth-quarter video service customers net losses stood at 8,164 compared to 15,953 for the same period of the prior year as a result of: • highly competitive offers in the industry; and • a changing video consumption environment; partly offset by • customers' ongoing interest in digital advanced video services; and • customers' interest in video services bundled with fast Internet offerings.
TELEPHONY Fiscal 2019 fourth-quarter telephony service customers net additions amounted to 2,778 compared to net losses 16,900 for the same period of the prior year mainly due to: • more telephony bundles due to additional promotional activity in the second half of fiscal 2019; and • growth in the business sector; partly offset by • increasing wireless penetration in North America and various unlimited offers launched by wireless operators causing some customers to cancel their landline telephony services for wireless telephony services only.
Table:
 |  | Net additions (losses) | Net additions (losses)
 |  | Three months ended August 31, | Three months ended August 31,
 | August 31, 2019 | 2019 | 2018(1)
Primary service units | 1,810,366 | (2,846) | (35,818)
Internet service customers | 788,243 | 2,540 | (2,965)
Video service customers | 649,583 | (8,164) | (15,953)
Telephony service customers | 372,540 | 2,778 | (16,900)


Question: What is the increase/ (decrease) Primary service units of Net additions (losses) from 2018 to 2019?
Answer: 32972
Calculation: (-2,846)-(-35,818)
Dell purchases our products and services directly from us, as well as through our channel partners. Information about our revenue and receipts, and unearned revenue from such arrangements, for the periods presented consisted of the following (table in millions):
Sales through Dell as a distributor, which is included in reseller revenue, continues to grow rapidly.
Customer deposits resulting from transactions with Dell were $194 million and $85 million as of January 31, 2020 and February 1, 2019, respectively.
Table:
 |  | Revenue and Receipts |  | Unearned Revenue | 
 |  | For the Year Ended As of |  | As of | 
 | January 31, 2020 | February 1, 2019 | February 2, 2018 | January 31, 2020 | February 1, 2019
Reseller revenue | $3,288 | $2,355 | $1,464 | $3,787 | $2,554
Internal-use revenue | 82 | 41 | 46 | 57 | 29
Collaborative technology project receipts | 10 | 4 | — | n/a | n/a


Question: What was the percentage change in the internal-use revenue between 2019 and 2020?
Answer: 100
Calculation: (82-41)/41
Note 9 Earnings per share
The following table shows the components used in the calculation of basic and diluted earnings per common share for earnings attributable to common shareholders.
(1) The calculation of the assumed exercise of stock options includes the effect of the average unrecognized future compensation cost of dilutive options. It excludes options for which the exercise price is higher than the average market value of a BCE common share. The number of excluded options was 61,170 in 2019 and 12,252,594 in 2018.
Table:
FOR THE YEAR ENDED DECEMBER 31 | 2019 | 2018
Net earnings attributable to common shareholders – basic | 3,040 | 2,785
Dividends declared per common share (in dollars) | 3.17 | 3.02
Weighted average number of common shares outstanding (in millions) |  | 
Weighted average number of common shares outstanding – basic | 900.8 | 898.6
Assumed exercise of stock options (1) | 0.6 | 0.3
Weighted average number of common shares outstanding – diluted (in millions) | 901.4 | 898.9


Question: What is the total net earnings attributable to common shareholders - basic in 2018 and 2019?
Answer: 5825
Calculation: 3,040+2,785
The total remuneration of the Group’s auditors, PricewaterhouseCoopers LLP and other member firms of PricewaterhouseCoopers International Limited, for services provided to the Group during the year ended 31 March 2019 is analysed below
Notes: 1 Fees during the implementation phase of new accounting standards, notably preparations for IFRS 15 “Revenue from Contracts with Customers” in the year ended 31 March 2018 and preparations for IFRS 16 “Leases” in the year ended 31 March 2019.
2 Relates to fees for statutory and regulatory filings during the year. In addition, the amount for the year ended 31 March 2018 includes non-recurring fees that were incurred during the preparations for a potential IPO of Vodafone New Zealand and the merger of Vodafone India and Idea Cellular. The amount for the year ended 31 March 2017 primarily arose from work on regulatory filings prepared in anticipation of a potential IPO of Vodafone India that was under consideration prior to the agreement for the merger of Vodafone India and Idea Cellular.
A description of the work performed by the Audit and Risk Committee in order to safeguard auditor independence when non-audit services are provided is set out in the Audit and Risk Committee report on pages 71 to 76.
Table:
 | 2019 | 2018 | 2017
 | €m | €m | €m
Parent company | 2 | 2 | 2
Subsidiaries | 14 | 14 | 13
Subsidiaries – new accounting standards1 | 1 | 5 | 1
Audit fees: | 17 | 21 | 16
Audit-related fees2 | 2 | 5 | 4
Non-audit fees: | 2 | 5 | 4
Total fees | 19 | 26 | 20


Question: What is the average audit fees for 2018 and 2019?
Answer: 19
Calculation: (17+21)/2