hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Stock-based Compensation Expense
The following table sets forth our stock-based compensation expense for the years ended December 31, 2019, 2018 and 2017 (in thousands):
Stock-based compensation awards include employee stock options, restricted stock awards and units, and employee stock purchases. For the year ended December 31, 2019, stock-based compensation expense was $31.6 million, of which $0.2 million related to employee stock options, $29.1 million related to restricted stock awards and units and $2.3 million related to employee stock purchases. For the year ended December 31, 2018, stock-based compensation expense was $31.0 million, of which $0.4 million related to employee stock options, $28.0 million related to restricted stock awards and units and $2.6 million related to employee stock purchases. The increase in stock-based compensation expense in 2019 compared to 2018 was due primarily to a higher volume of restricted stock unit grants.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Research, development and other related costs | $14,643 | $13,168 | $13,277
Selling, general and administrative | 16,911 | 17,843 | 20,185
Total stock-based compensation expense | $31,554 | $31,011 | $33,462


Question: What is included in stock-based compensation awards?
Answer: employee stock options, restricted stock awards and units, and employee stock purchases
Adjusted Return on Invested Capital (Adjusted RoIC): TORM defines Adjusted RoIC as earnings before interest and tax (EBIT) less tax and impairment losses and reversals, divided by the average invested capital less average impairment for the period. Invested capital is defined below.
The Adjusted RoIC expresses the returns generated on capital invested in the Group adjusted for impacts related to the impairment of the fleet. The progression of RoIC is used by TORM to measure progress against our longer-term value creation goals outlined to investors. Adjusted RoIC is calculated as follows:
¹⁾ Average invested capital is calculated as the average of the opening and closing balance of invested capital.
²⁾ Average impairment is calculated as the average of the opening and closing balances of impairment charges on vessels and goodwill in the balance sheet.
Table:
USDm | 2019 | 2018 | 2017
EBIT less Tax | 205.1 | 1.2 | 38.8
Impairment reversal | -120.0 | - | -
EBIT less tax and impairment | 85.1 | 1.2 | 38.8
Average invested capital¹⁾ | 1,627.7 | 1,437.7 | 1,396.9
Average impairment ²⁾ | 98.2 | 185.0 | 185.0
Average invested capital less average impairment | 1,725.9 | 1,622.7 | 1,581.9
Adjusted RoIC | 4.9% | 0.1% | 2.4%


Question: How is average invested capital calculated?
Answer: as the average of the opening and closing balance of invested capital
Capitalized software development costs consisted of the following (in thousands):
The Company capitalized software development costs of $8.8 million, $8.8 million and $6.2 million during the years ended December 31, 2019, 2018 and 2017, respectively.
Amortized expense for capitalized software development costs was $7.0 million, $5.9 million and $5.0 million during the years ended December 31, 2019, 2018 and 2017, respectively. Amortization of capitalized software development costs is classified within cost of revenue in the consolidated statements of operations and comprehensive loss. During the year ended December 31, 2019, the Company retired $4.6 million of fully amortized capitalized software development costs.
Table:
 |  |  | As of December 31, 2019 | 
 | Gross carrying amount | Amortization period | Accumulated amortization | Net carrying amount
Capitalized software development costs | $ 49,909 | 3 years | $ (35,622) | $ 14,287
Total capitalized software development costs | $ 49,909 |  | $ (35,622) | $ 14,287
 |  |  | As of December 31, 2018 | 
 | Gross carrying amount | Amortization period | Accumulated amortization | Net carrying amount
Capitalized software development costs | $ 45,677 | 3 years | $ (32,784) | $ 12,893
Total capitalized software development costs | $ 45,677 |  | $ (32,784) | $ 12,893


Question: What was the company capitalized software development costs during the years ended December 31, 2017?
Answer: $6.2 million
Other Income (Expense)
Interest income in 2019 increased by $0.4 million due to an increase in interest income earned on investment securities and money market portfolios.
Interest expense in 2019 decreased by $6.6 million due to the payoff of the 1.50% convertible notes due July 1, 2018 with a principal amount of $253.0 million (the “2018 Notes”) in the third quarter of 2018. Refer to the section titled “Liquidity and Capital Resources” for additional information on the convertible notes.
Other, net primarily included foreign exchange gains and losses related to transactions denominated in foreign currencies, as well as foreign exchange gains and losses related to our intercompany loans and certain cash accounts. Foreign exchange gains and losses for the years ended December 31, 2019, 2018, and 2017, were primarily driven by fluctuations in the euro and US dollar in relation to the British pound.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Interest income | $8,178 | $7,796 | $2,951
Interest expense | (21,559) | (28,176) | (14,762)
Other, net | 84 | (3,098) | 1,478
Other expense, net | $(13,297) | $(23,478) | $(10,333)


Question: What was others, net in 2019?
Answer: 84
10.5. Intangible assets
Impairment testing of goodwill
Goodwill has been allocated to the listed group (NSR). Management have determined that the listed group, which is considered one operating segment (see note 4), is the appropriate CGU against which to allocate these intangible assets owing to the synergies arising from combining the portfolios of the Group.
The recoverable amount of the listed group has been determined based on the fair value less costs of disposal method using the fair value quoted on an active market. As at 1 July 2019, NSR had 773,343,956 stapled securities quoted on the Australian Securities Exchange at $1.745 per security providing a market capitalisation of $1,349.5m.
This amount is in excess of the carrying amount of the Group’s net assets at 30 June 2019 which includes the contract for future issue of equity recognised as contributed equity within the statement of financial position at this date (see note 13). Had the security price decreased by 2.5% the market capitalisation would still have been in excess of the carrying amount.
Table:
 |  | 2019 | 2018
 | Notes | $'000 | $'000
Goodwill |  |  | 
Opening and closing net book value |  | 43,954 | 43,954
Other intangible assets |  |  | 
Opening net book value |  | 2,051 | 1,582
Additions |  | 1,079 | 864
Amortisation | 6 | (584) | (395)
Closing net book value |  | 2,546 | 2,051
Total intangible assets |  | 46,500 | 46,005


Question: What determines the recoverable amount of the listed group?
Answer: based on the fair value less costs of disposal method using the fair value quoted on an active market.
Net Loss per Share
The Company applies the two-class method to calculate its basic and diluted net loss per share as both classes of its voting shares are participating securities with equal participation rights and are entitled to receive dividends on a share for share basis.
The following table summarizes the reconciliation of the basic weighted average number of shares outstanding and the diluted weighted average number of shares outstanding:
In the years ended December 31, 2019 and 2018, the Company was in a loss position and therefore diluted loss per share is equal to basic loss per share.
Table:
 | Years ended | 
 | December 31, 2019 | December 31, 2018
Basic and diluted weighted average number of shares outstanding | 113,026,424 | 105,671,839
The following items have been excluded from the diluted weighted average number of shares outstanding because they are anti-dilutive: |  | 
Stock options | 3,812,242 | 5,476,790
Restricted share units | 1,939,918 | 2,473,665
Deferred share units | 673 | 347
 | 5,752,833 | 7,950,802


Question: What is the number of deferred share units in 2019?
Answer: 673
4. Link between Group performance and remuneration outcomes
The Altium Remuneration Framework is designed to align key employee remuneration to shareholder returns (in the form of capital appreciation and dividends). The table below shows the Group performance on key financial results and performance metrics over the last five years.
Altium’s remuneration strategy has evolved over the past seven years and we believe that it is linked intrinsically to the success of the Group. Strong payout results for STI and LTI have reflected the strong financial performance of the Group. In addition, STI and LTI hurdles have changed over time to better reflect what is most important for Group growth.
1 Normalised EPS and Profit for the year excludes deferred tax asset of US$77 million recognised on the transfer of core business assets to the USA.
2 The maximum STI payable based on the above performance hurdles is 100%, however based on achievement of individual personal goals, the overall achievement level may be modified up to 150% or down to 0%.
Table:
 | 2019 | 2018 | 2017 | 2016 | 2015
 | US$’000 | US$’000 | US$’000 | US$’000 | US$’000
Revenue | 171,819 | 140,176 | 110,865 | 93,597 | 80,216
EBITDA | 62,721 | 44,869 | 33,254 | 27,430 | 22,697
EPS | 40.57 | 28.86 | 21.70 | 17.89 | 12.47 1
Profit for the year | 52,893 | 37,489 | 28,077 | 23,020 | 15,398 1
Dividend declared - AU cents | 34 | 27 | 23 | 20 | 16
Share price - AU$ | $34.2 | 22.51 | 8.57 | 6.46 | 4.43
STI Achievement | 100% - 150% 2 | 131% | 103% | 97% | 63%
STI performance hurdles | 70% Revenue 30% EBITDA | 50% Revenue 50% EBITDA | 70% Revenue 30% EBITDA | 50% Revenue 50% EBITDA | Different metrics related to subscriber related to subscriber growth, EPS and Product development related to subscriber growth, EPS and Product development related to subscriber growth, EPS and Product development
LTI Achievement | 100% | 100% | 100% | 100% | 50%
LTI performance hurdles | 50% Revenue | EPS | EPS | EPS | 50% Subscriber growth 50% EPS


Question: What is the percentage change in the revenue from 2018 to 2019?
Answer: 22.57
Calculation: (171,819-140,176)/140,176
We completed our qualitative assessment of our indefinite-lived intangible assets other than goodwill as of December 31, 2019 and 2018 and concluded it is more likely than not that our indefinite-lived intangible assets are not impaired; thus, no impairment charge for these assets was recorded in 2019 or 2018.
The following tables show the rollforward of goodwill assigned to our reportable segments from December 31, 2017 through December 31, 2019.
(1) Goodwill is net of accumulated impairment losses of $1.1 billion that related to our former hosting segment now included in our business segment.
(2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination. (2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination.
(3) Includes $58 million decrease due to effect of foreign currency exchange rate change.
Table:
 | Business | Consumer | Total
 |  | (Dollars in millions) | 
As of December 31, 2017(1) | $20,197 | 10,278 | 30,475
Purchase accounting and other adjustments(2)(3) | 250 | 32 | 282
Impairment | — | (2,726) | (2,726)
As of December 31, 2018 | $20,447 | 7,584 | 28,031


Question: What is the average total amount of goodwill for 2017 and 2018?
Answer: 29253
Calculation: (30,475+28,031)/2
(19) Income Taxes
As of December 31, 2019 and 2018, the components of deferred tax assets primarily relate to equity method investments, equity-based compensation, deferred revenues, interest rate swaps, employee benefits accruals and deferred compensation. As of December 31, 2019 and 2018, the components of deferred tax liabilities primarily relate to depreciation and amortization of intangible assets, property and equipment and deferred contract costs.
The significant components of deferred tax assets and liabilities consist of the following (in millions):
Table:
 | December 31, | 
 | 2019 | 2018
Deferred tax assets: |  | 
Equity method investments | $25.7 | $—
Equity-based compensation | 12.6 | 9.2
Deferred revenues | 6.2 | 14.8
Interest rate swaps | 5.6 | —
Other | 13.0 | 11.4
Total deferred tax assets | 63.1 | 35.4
Deferred tax liabilities: |  | 
Goodwill and other intangibles | (168.7) | (178.9)
Deferred contract costs | (40.3) | (41.9)
Property, equipment and computer software | (34.3) | (28.0)
Other | (5.1) | (7.5)
Total deferred tax liabilities | (248.4) | (256.3)
Net deferred tax liability | $(185.3) | $(220.9)


Question: What was the amount of Equity method investments in 2019?
Answer: 25.7
ADJUSTED EBITDA
(1) For the three-month period ended August 31, 2019, the average foreign exchange rate used for translation was 1.3222 USD/CDN.
(2) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
(3) Fiscal 2019 actuals are translated at the average foreign exchange rate of the comparable period of fiscal 2018 which was 1.3100 USD/CDN.
Fiscal 2019 fourth-quarter adjusted EBITDA increased by 4.6% (4.3% in constant currency) as a result of: • an increase in the American broadband services segment mainly as a result of strong organic growth combined with the impact of the FiberLight acquisition; and • an increase in the Canadian broadband services segment resulting mainly from a decline in operating expenses.
Table:
Three months ended August 31, | 2019 (1) | 2018 (2) | Change | Change in constant currency (3) | Foreign exchange impact (3)
(in thousands of dollars, except percentages) | $ | $ | % | % | $
Canadian broadband services | 172,120 | 166,181 | 3.6 | 3.6 | (73)
American broadband services | 115,523 | 109,937 | 5.1 | 4.1 | 1,057
Inter-segment eliminations and other | (12,033) | (12,707) | (5.3) | (5.3) | 2
 | 275,610 | 263,411 | 4.6 | 4.3 | 986


Question: What was the exchange rate in 2019?
Answer: 1.3222 USD/CDN.
Movement of options during the year ended 30 June 2018:
The weighted average fair value of options granted during the year was nil (2018: nil) as there were none issued during the year.
The weighted average share price for share options exercised during the period was $3.57 (2018: $3.90).
The weighted average remaining contractual life for share options outstanding at the end of the period was 1.68 years (2018: 2.47 years).
The weighted average remaining contractual life for share options outstanding at the end of the period was 1.68 years (2018: 2.47 years).
Table:
Grant Date | Exercise Date | Expiry Date | Exercise Price $ | No. of Options at Beg. of Year | Options Exercised or Lapsed | No. of Options at End of Year
2 Jul 2012 | 2 Jul 2015 | 2 Jul 2017 | 0.92 | 40,000 | (40,000) | -
2 Jul 2013 | 2 Jul 2016 | 30 Sept 2018 1 | 0.92 | 295,000 | (220,000) | 75,000
2 Jul 2014 | 2 Jul 2017 | 2 Jul 2019 | 1.30 | 875,000 | (405,000) | 470,000
2 Jul 2015 | 2 Jul 2018 | 2 Jul 2020 | 2.67 | 1,000,000 | - | 1,000,000
22 Dec 2016 | 31 Aug 2019 | 22 Dec 2021 | 3.59 | 1,323,730 | - | 1,323,730
Total |  |  |  | 3,533,730 | (665,000) | 2,868,730
Weighted average exercise price |  |  |  |  | $1.15 | $2.82


Question: What was the options' exercise date with the greatest number of options exercised or lapsed?
Answer: 2 Jul 2017
Calculation: (405,000)
issuer purchases of equity securities during the three months ended december 31 , 2010 , we repurchased 1460682 shares of our common stock for an aggregate of $ 74.6 million , including commissions and fees , pursuant to our publicly announced stock repurchase program , as follows : period total number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( in millions ) .

Table:
period | total number of shares purchased ( 1 ) | average price paid per share | total number of shares purchased as part of publicly announced plans or programs | approximate dollar value of shares that may yet be purchasedunder the plans or programs ( in millions )
october 2010 | 722890 | $ 50.76 | 722890 | $ 369.1
november 2010 | 400692 | $ 51.81 | 400692 | $ 348.3
december 2010 | 337100 | $ 50.89 | 337100 | $ 331.1
total fourth quarter | 1460682 | $ 51.08 | 1460682 | $ 331.1
( 1 ) repurchases made pursuant to the $ 1.5 billion stock repurchase program approved by our board of directors in february 2008 ( the 201cbuyback 201d ) .
under this program , our management is authorized to purchase shares from time to time through open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to market conditions and other factors .
to facilitate repurchases , we make purchases pursuant to trading plans under rule 10b5-1 of the exchange act , which allows us to repurchase shares during periods when we otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods .
this program may be discontinued at any time .
subsequent to december 31 , 2010 , we repurchased 1122481 shares of our common stock for an aggregate of $ 58.0 million , including commissions and fees , pursuant to the buyback .
as of february 11 , 2011 , we had repurchased a total of 30.9 million shares of our common stock for an aggregate of $ 1.2 billion , including commissions and fees pursuant to the buyback .
we expect to continue to manage the pacing of the remaining $ 273.1 million under the buyback in response to general market conditions and other relevant factors. .

Question: what was the weighted average price per share of the shares 30.9 repurchased as of february 11 , 2011
Answer: 38.83
Calculation: divide(1.2, 30.9)
ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data is not necessarily indicative of results of future operations, and should be read in conjunction with Item 7, “Management's Discussion and Analysis of Financial Condition and Results of Operations,” and the consolidated financial statements and related notes thereto included in Item 8 of this Form 10-K to fully understand factors that may affect the comparability of the information presented below.
The financial data for the fiscal years ended January 31, 2019 and 2018 are derived from, and are qualified by reference to, the audited consolidated financial statements that are included in this Form 10-K. The Consolidated Statements of Operations and the Consolidated Statements of Cash Flows data for the fiscal year ended January 31, 2017 are derived from, and are qualified by reference to, the audited consolidated financial statements that are included in this Form 10-K. The Consolidated Balance Sheet data for the fiscal year ended January 31, 2017 and the remaining financial data for the fiscal years ended January 31, 2016 and 2015 are derived from audited, consolidated financial statements which are not included in this Form 10-K.
(1) Reflects the impact of the adoption of new accounting standards in fiscal year 2019 related to revenue recognition. See Part II, Item 8, Note 1, Business and Summary of Significant Accounting Policies, Accounting Standards Adopted, of our consolidated financial statements for additional information.
Table:
 |  |  | Fiscal Year Ended January 31, |  | 
 | 2019 (1) | 2018 | 2017 | 2016 | 2015
 | (In millions, except per share data) |  |  |  | 
For the fiscal year: |  |  |  |  | 
Net revenue | $2,569.8 | $2,056.6 | $2,031.0 | $2,504.1 | $2,512.2
(Loss) income from operations | (25.0) | (509.1) | (499.6) | 1.3 | 120.7
Net (loss) income | (80.8) | (566.9) | (582.1) | (330.5) | 81.8
Cash flow from operations | $377.1 | $0.9 | $169.7 | $414.0 | $708.6
Common stock data: |  |  |  |  | 
Basic net (loss) income per share | $(0.37) | $(2.58) | $(2.61) | $(1.46) | $0.36
Diluted net (loss) income per share | $(0.37) | $(2.58) | $(2.61) | $(1.46) | $0.35
At year end: |  |  |  |  | 
Total assets | $4,729.2 | $4,113.6 | $4,798.1 | $5,515.3 | $4,909.7
Long-term liabilities | 2,638.9 | 2,246.4 | 1,879.1 | 2,304.7 | 1,290.4
Stockholders’ (deficit) equity | $(210.9) | $(256.0) | $733.6 | $1,619.6 | $2,219.2


Question: What was the cash flow from operations in 2019?
Answer: $377.1
NOTE 11 – INCOME TAXES
The components of loss before income taxes are as follows:
Table:
 | 2019 | 2018
Domestic | (1,698,689) | (2,468,805)
Foreign | (52,222) | (88,726)
Loss before income taxes | (1,750,911) | (2,557,531)


Question: What is the change in the total loss before income taxes between 2018 and 2019?
Answer: -806620
Calculation: 1,750,911 - 2,557,531
EXECUTIVE OFFICERS OF THE REGISTRANT
Executive officers of our Company are appointed by the Board of Directors and serve at the discretion of the Board. The following table sets forth certain information with respect to all executive officers of our Company.
CHRISTOPHER H. ATAYAN has served in various senior executive positions with the Company since March 2006, including his service as Chairman of the Board since January 2008 and Chief Executive Officer since October 2006, and has been a director of the Company since 2004. Mr. Atayan has served as the Senior Managing Director of Slusser Associates, a private equity and investment banking firm, since 1988, and has been engaged in private equity and investment banking since 1982. He also serves on the Board of Eastek Holdings, LLC, a manufacturing company.
ANDREW C. PLUMMER has served as our President and Chief Operating Officer since October 2018, as our Chief Financial Officer since January 2007, and as our Secretary from January 2007 to October 2018. From 2004 to 2007, Mr. Plummer served our company in various roles including Acting Chief Financial Officer, Corporate Controller, and Manager of SEC Compliance. Prior to joining our company in 2004, Mr. Plummer practiced public accounting, primarily with the accounting firm Deloitte and Touche, LLP (now Deloitte).
CHARLES J. SCHMADERER has served as the Company’s Vice President and Corporate Controller since April 2018 and as Secretary since October 2018. From 2006 to 2018, Mr. Schmaderer served the Company in various roles including as the Vice President of Financial Reporting and Assistant Secretary, and as the Director of Financial and SEC Reporting. Prior to joining AMCON in 2006, Mr. Schmaderer practiced public accounting, primarily with the accounting firm Grant Thornton, LLP and also holds a Master of Business Administration (MBA).
Table:
Name | Age | Position
Christopher H. Atayan | 59 | Chairman of the Board, Chief Executive Officer, Director
Andrew C. Plummer | 45 | President, Chief Financial Officer, Director
Charles J. Schmaderer | 50 | Vice President, Corporate Controller, Secretary


Question: Who are the executive officers of the company?
Answer: Christopher H. Atayan, Andrew C. Plummer, Charles J. Schmaderer
table of contents performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor ( "s&p" ) 500 index and the dow jones us financials index during the period from december 31 , 2010 through december 31 , 2015. .

Table:
 | 12/10 | 12/11 | 12/12 | 12/13 | 12/14 | 12/15
e*trade financial corporation | 100.00 | 49.75 | 55.94 | 122.75 | 151.59 | 185.25
s&p 500 index | 100.00 | 102.11 | 118.45 | 156.82 | 178.29 | 180.75
dow jones us financials index | 100.00 | 87.16 | 110.56 | 148.39 | 170.04 | 170.19
.

Question: what was the percentage cumulative total return for e*trade financial corporation for the five years ended 12/15?
Answer: 85.25%
Calculation: subtract(185.25, const_100), divide(#0, const_100)