hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Plan Assets  The fair value of plan assets, summarized by level within the fair value hierarchy described in Note 20, as of May 26, 2019, was as follows:
Level 1 assets are valued based on quoted prices in active markets for identical securities. The majority of the Level 1 assets listed above include the common stock of both U.S. and international companies, mutual funds, master limited partnership units, and real estate investment trusts, all of which are actively traded and priced in the market.
Level 2 assets are valued based on other significant observable inputs including quoted prices for similar securities, yield curves, indices, etc. Level 2 assets consist primarily of individual fixed income securities where values are based on quoted prices of similar securities and observable market data.
Level 3 assets consist of investments where active market pricing is not readily available and, as such, fair value is estimated using significant unobservable inputs.
Certain assets that are measured at fair value using the NAV (net asset value) per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. Such investments are generally considered long-term in nature with varying redemption availability. For certain of these investments, with a fair value of approximately $51.0 million as of May 26, 2019, the asset managers have the ability to impose customary redemption gates which may further restrict or limit the redemption of invested funds therein. As of May 26, 2019, funds with a fair value of $4.2 million have imposed such gates.
As of May 26, 2019, we have unfunded commitments for additional investments of $48.3 million in private equity funds and $17.0 million in natural resources funds. We expect unfunded commitments to be funded from plan assets rather than the general assets of the Company.
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)
Table:
 | Level 1 | Level 2 | Level 3 | Total
Cash and cash equivalents | $0.7 | $77.7 | $— | $78.4
Equity securities: |  |  |  | 
U.S. equity securities | 56.3 | 91.8 | — | 148.1
International equity securities | 87.8 | 0.4 | — | 88.2
Fixed income securities: |  |  |  | 
Government bonds | — | 748.3 | — | 748.3
Corporate bonds | — | 2,255.5 | — | 2,255.5
Mortgage-backed bonds | — | 31.1 | — | 31.1
Real estate funds | 0.4 | — | — | 0.4
Net receivables for unsettled transactions | 5.6 | — | — | 5.6
Fair value measurement of pension plan assets in the fair value hierarchy | $150.8 | $3,204.8 | $— | $3,355.6
Investments measured at net asset value |  |  |  | 245.9
Total pension plan assets |  |  |  | $3,601.5


Question: How much were the fair values of Level 1 and 2 cash and cash equivalents assets, respectively?
Answer: $0.7, $77.7
The following table shows select line items that were materially impacted by the adoption of ASC Topics 606 and 340-40 on Autodesk’s Consolidated Balance Sheet as of January 31, 2019:
(1) Short term and long term "contract assets" under ASC Topic 606 are included within "Prepaid expenses and other current assets" and "Other assets", respectively, on the Consolidated Balance Sheet
(2) Included in the "Accumulated deficit" adjustment is $179.4 million for the cumulative effect adjustment of adopting ASC Topic 606 and 340-40 on the opening balance as of February 1, 2018.
Adoption of the standard had no impact to net cash provided by or (used in) operating, financing, or investing activities on the Company’s Consolidated Statements of Cash Flows
Table:
 | As reported | Impact from the adoption of ASC 606 and 340-40 | As adjusted
ASSETS |  |  | 
Current assets: |  |  | 
Accounts receivable, net | $474.3 | $73.4 | $547.7
Prepaid expenses and other current assets (1) | 192.1 | (79.4) | 112.7
Deferred income taxes, net | 65.3 | 7.0 | 72.3
Other assets (1) | 337.8 | (17.9) | 319.9
LIABILITIES AND STOCKHOLDERS’ DEFICIT |  |  | 
Current liabilities: |  |  | 
Deferred revenue | 1,763.3 | 140.6 | 1,903.9
Other accrued liabilities | 142.3 | 1.7 | 144.0
Long-term deferred revenue | 328.1 | 37.2 | 365.3
Long-term income taxes payable | 21.5 | (0.2) | 21.3
Long-term deferred income taxes | 79.8 | (6.7) | 73.1
Stockholders’ deficit: |  |  | 
Accumulated deficit (2) | $(2,147.4) | $(189.5) | $(2,336.9)


Question: What is the net adjusted accounts receivable?
Answer: $547.7
The service cost component of net pension expense represents the estimated cost of future pension liabilities earned associated with active employees. The pension earnings, interest and deferrals (“pension EID”) is comprised of the expected return on plan assets, interest costs on the projected benefit obligations of the plans and amortization of actuarial gains and losses and prior service costs.
Net pension expense is recorded in accounts that are included in both the cost of sales and selling, general and administrative expenses based on the function of the associated employees and in other income (expense), net. The following is a summary of the classification of net pension expense for the years ended June 30, 2019, 2018 and 2017:
As of June 30, 2019 and 2018, amounts capitalized in gross inventory were $1.7 million and $1.7 million, respectively.
Table:
 |  | Years Ended June 30, | 
($ in millions) | 2019 | 2018 | 2017
Cost of sales |  |  | 
Service cost | $10.0 | $10.5 | $20.2
Total cost of sales | 10.0 | 10.5 | 20.2
Selling, general and administrative expenses |  |  | 
Service cost | 1.5 | 1.6 | 3.9
Total selling, general and administrative expenses | 1.5 | 1.6 | 3.9
Other expense |  |  | 
Pension earnings, interest and deferrals | 0.1 | 2.1 | 23.8
Curtailment charge | — | — | 0.5
Total other expense | 0.1 | 2.1 | 24.3
Net pension expense | $11.6 | $14.2 | $48.4


Question: In which years is the net pension expense recorded?
Answer: 2019, 2018, 2017
entergy corporation and subsidiaries management's financial discussion and analysis net revenue 2004 compared to 2003 net revenue , which is entergy's measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits . following is an analysis of the change in net revenue comparing 2004 to 2003. .

Table:
 | ( in millions )
2003 net revenue | $ 4214.5
volume/weather | 68.3
summer capacity charges | 17.4
base rates | 10.6
deferred fuel cost revisions | -46.3 ( 46.3 )
price applied to unbilled sales | -19.3 ( 19.3 )
other | -1.2 ( 1.2 )
2004 net revenue | $ 4244.0
the volume/weather variance resulted primarily from increased usage , partially offset by the effect of milder weather on sales during 2004 compared to 2003 .
billed usage increased a total of 2261 gwh in the industrial and commercial sectors .
the summer capacity charges variance was due to the amortization in 2003 at entergy gulf states and entergy louisiana of deferred capacity charges for the summer of 2001 .
entergy gulf states' amortization began in june 2002 and ended in may 2003 .
entergy louisiana's amortization began in august 2002 and ended in july 2003 .
base rates increased net revenue due to a base rate increase at entergy new orleans that became effective in june 2003 .
the deferred fuel cost revisions variance resulted primarily from a revision in 2003 to an unbilled sales pricing estimate to more closely align the fuel component of that pricing with expected recoverable fuel costs at entergy louisiana .
deferred fuel cost revisions also decreased net revenue due to a revision in 2004 to the estimate of fuel costs filed for recovery at entergy arkansas in the march 2004 energy cost recovery rider .
the price applied to unbilled sales variance resulted from a decrease in fuel price in 2004 caused primarily by the effect of nuclear plant outages in 2003 on average fuel costs .
gross operating revenues and regulatory credits gross operating revenues include an increase in fuel cost recovery revenues of $ 475 million and $ 18 million in electric and gas sales , respectively , primarily due to higher fuel rates in 2004 resulting from increases in the market prices of purchased power and natural gas .
as such , this revenue increase is offset by increased fuel and purchased power expenses .
other regulatory credits increased primarily due to the following : 2022 cessation of the grand gulf accelerated recovery tariff that was suspended in july 2003 ; 2022 the amortization in 2003 of deferred capacity charges for summer 2001 power purchases at entergy gulf states and entergy louisiana ; 2022 the deferral in 2004 of $ 14.3 million of capacity charges related to generation resource planning as allowed by the lpsc ; 2022 the deferral in 2004 by entergy louisiana of $ 11.4 million related to the voluntary severance program , in accordance with a proposed stipulation entered into with the lpsc staff ; and .

Question: what is the net change in net revenue during 2004 for entergy corporation?
Answer: 29.5
Calculation: subtract(4244.0, 4214.5)
The following table summarizes information regarding restricted shares/RSUs granted and vested (in thousands, except per restricted share/RSU amounts):
As of December 31, 2019, based on the probability of achieving the performance goals, there was $6.1 million of total unrecognized compensation cost, net of actual forfeitures, related to nonvested restricted shares/RSUs. Of the unrecognized compensation cost, 33% related to performance-based nonvested restricted shares/RSUs and 67% related to employment-based nonvested restricted shares/RSUs. This cost is expected to be recognized over a weighted average period of 2.0 years.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Number of restricted shares/ RSUs granted | 508 | 492 | 480
Weighted average grant-date fair value per restricted share/RSU | $28.43 | $28.16 | $29.42
Fair value of restricted shares/RSUs vested | $3,647 | $8,342 | $6,868


Question: What is the Number of restricted shares/ RSUs granted in 2019?
Answer: 508
A reconciliation of the change in gross unrecognized tax benefits, excluding interest and penalties,
is as follows (in thousands):
As of September 28, 2019, the total amount of gross unrecognized tax benefits including gross interest and penalties was $63.9 million, of which $43.9 million, if recognized, would affect our effective tax rate. We reassessed the computation of the transition tax liability based upon the issuance of new guidance and the availability of additional substantiation in fiscal 2019. The adjustments resulted in a tax benefit of approximately $6.0 million, which was recorded in fiscal 2019. Our total gross unrecognized tax benefit, net of certain deferred tax assets is classified as a long-term taxes payable in the consolidated balance sheets. We include interest and penalties related to unrecognized tax benefits within the provision for income taxes. As of September 28, 2019, the total amount of gross interest and penalties accrued was $5.8 million and it is classified as long-term taxes payable in the consolidated balance sheets. As of September 29, 2018, we had accrued $4.4 million for the gross interest and penalties and it is classified as Other long-term liabilities in the consolidated balance sheets.
Table:
 |  | Fiscal year-end | 
 | 2019 | 2018 | 2017
Balance as of the beginning of the year | $65,882 | $47,566 | $20,442
Increase related to acquisitions | — | — | 25,151
Tax positions related to current year: |  |  | 
Additions | 605 | 19,033 | 1,326
Reductions | — | — | —
Tax positions related to prior year: |  |  | 
Additions | 448 | 117 | 4,951
Reductions | (6,071) | — | (65)
Lapses in statutes of limitations | (639) | (700) | (610)
Decrease in unrecognized tax benefits based on audit results | — | — | (5,217)
Foreign currency revaluation adjustment | (2,114) | (134) | 1,588
Balance as of end of year | $58,111 | $65,882 | $47,566


Question: In which year was the Balance as of the beginning of the year the largest?
Answer: 2019
Calculation: 65,882>47,566>20,442
The following table presents information related to our credit agreements (dollars in thousands):
(1) Excludes the amortization of deferred loan fees and includes the commitment fee.
In January 2018, the Company repaid $175.0 million of long-term debt outstanding under its 2015 Credit Agreement, primarily using funds repatriated from its foreign subsidiaries.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Average daily utilization | $87,800 | $106,189 | $268,775
Interest expense (1) | $3,465 | $3,817 | $6,668
Weighted average interest rate (1) | 3.9% | 3.6% | 2.5%


Question: What was the change in Interest expense in 2019 from 2018?
Answer: -352
Calculation: $3,465-$3,817
3. Inventories
Inventories consist of the following (in thousands):
Table:
 | August 31,2019 | August 31,2018
Raw materials | $2,310,081 | $2,070,569
Work in process | 468,217 | 788,742
Finished goods | 314,258 | 659,335
Reserve for excess and obsolete inventory | (69,553) | (60,940)
Inventories, net | $3,023,003 | $3,457,706


Question: Which years does the table provide information for inventories?
Answer: 2019, 2018
ITEM 6. SELECTED FINANCIAL DATA
The selected financial data presented below has been derived from our audited consolidated financial statements. This data should be read in conjunction with “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Item 8. Financial Statements and Supplementary Data” of this Annual Report.
(2) We retrospectively adopted ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)” in 2018. As a result, we have adjusted balances for 2017 and 2016. We have not adjusted 2015 for ASU 2014-09.
(3) On January 1, 2019, we adopted Accounting Standards Codification 842 “Leases” (“ASC 842”) using the modified retrospective method, reflecting any cumulative effect as an adjustment to equity. Results for reporting periods beginning on or after January 1, 2019 are presented under ASC 842, while prior period amounts were not adjusted and continue to be reported in accordance with the Company’s historical accounting under ASC 840 “Leases.”
Table:
 |  | December 31. |  |  | 
(in thousands) | 2019 | 2018 | 2017 | 2016 | 2015
Consolidated Balance Sheet Data (2) (3): |  |  |  |  | 
Total cash, cash equivalents, and marketable securities | $68,363 | $207,423 | $223,748 | $133,761 | $219,078
Goodwill | $79,039 | $72,858 | $72,952 | $73,164 | $46,776
Total assets | $984,812 | $982,553 | $1,012,753 | $867,135 | $627,758
Total stockholders’ equity | $539,010 | $621,531 | $655,870 | $548,940 | $322,859


Question: What is the percentage change in the company's goodwill between 2018 and 2019?
Answer: 8.48
Calculation: (79,039 - 72,858)/72,858
The fair value of plan assets, summarized by level within the fair value hierarchy described in Note 20, as of May 27, 2018, was as follows:
Level 1 assets are valued based on quoted prices in active markets for identical securities. The majority of the Level 1 assets listed above include the common stock of both U.S. and international companies, mutual funds, master limited partnership units, and real estate investment trusts, all of which are actively traded and priced in the market.
Level 2 assets are valued based on other significant observable inputs including quoted prices for similar securities, yield curves, indices, etc. Level 2 assets consist primarily of individual fixed income securities where values are based on quoted prices of similar securities and observable market data.
Level 3 assets consist of investments where active market pricing is not readily available and, as such, fair value is estimated using significant unobservable inputs.
Certain assets that are measured at fair value using the NAV (net asset value) per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. Such investments are generally considered long-term in nature with varying redemption availability. For certain of these investments, with a fair value of approximately $51.0 million as of May 26, 2019, the asset managers have the ability to impose customary redemption gates which may further restrict or limit the redemption of invested funds therein. As of May 26, 2019, funds with a fair value of $4.2 million have imposed such gates.
As of May 26, 2019, we have unfunded commitments for additional investments of $48.3 million in private equity funds and $17.0 million in natural resources funds. We expect unfunded commitments to be funded from plan assets rather than the general assets of the Company.
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)
Table:
 | Level 1 | Level 2 | Level 3 | Total
Cash and cash equivalents | $1.0 | $65.0 | $— | $66.0
Equity securities: |  |  |  | 
U.S. equity securities | 319.8 | 124.0 | — | 443.8
International equity securities | 256.5 | 1.0 | — | 257.5
Fixed income securities: |  |  |  | 
Government bonds | — | 1,854.8 | — | 1,854.8
Corporate bonds | — | 4.7 | — | 4.7
Mortgage-backed bonds | — | 9.3 | — | 9.3
Real estate funds | 7.7 | — | — | 7.7
Master limited partnerships | 0.4 | — | — | 0.4
Net receivables for unsettled transactions | 10.9 | — | — | 10.9
Fair value measurement of pension plan assets in the fair value hierarchy | $596.3 | $2,058.8 | $— | $2,655.1
Investments measured at net asset value |  |  |  | 700.0
Total pension plan assets |  |  |  | $3,355.1


Question: What are Level 3 assets consist of?
Answer: investments where active market pricing is not readily available and, as such, fair value is estimated using significant unobservable inputs
GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
25. Capital Risk Management
The Group’s objectives when managing capital are to safeguard the Group’s ability to continue as a going concern, to ensure that it maintains a strong credit rating and healthy capital ratios in order to support its business and maximize shareholders value.
The Group monitors capital using a gearing ratio, which is total debt divided by total equity plus total debt. The gearing ratio is calculated as follows:
Table:
 | As of December 31, | 
 | 2018 | 2019
Borrowings, current portion | 520,550 | 255,422
Borrowings, non-current portion | 2,307,909 | 2,891,973
Lease liabilities, current portion | 6,675 | 9,363
Lease liabilities, non-current portion | 199,424 | 195,567
Total debt | 3,034,558 | 3,352,325
Total equity | 1,983,122 | 1,649,853
Total debt and equity | 5,017,680 | 5,002,178
Gearing ratio | 60.48% | 67.01%


Question: Which year has a higher Total equity?
Answer: 2018
Calculation: 1,983,122 > 1,649,853
The net contract acquisition expense deferred within the Consolidated Statement of Profit or Loss was $0.9M of the total $259.9M of Sales and Marketing costs (2018: $8.4M / $239.9M).
At 31 March 2019, trade receivables at a nominal value of $1.2M (2018: $0.9M) were impaired and fully provided for. Movements in the provision for impairment of receivables were as follows: 31
Table:
 | 31 March 2019 | 31 March 2018
 | $M | $M
At 1 April | 0.9 | 0.4
Charge for the year | 0.6 | 0.6
Amounts written off | (0.2) | (0.1)
Effects of movements in exchange rates | (0.1) | –
At 31 March | 1.2 | 0.9


Question: What was the amount of trade receivables that were impaired and fully provided for in 2019?
Answer: nominal value of $1.2M
Operating Income
Our operating income in fiscal year 2018 increased to $189.3 million, or 8.8 percent of net sales as compared with $121.5 million, or 6.8 percent in net sales in fiscal year 2017. Excluding surcharge revenue and special items, adjusted operating margin was 10.6 percent for the fiscal year 2018 and 8.0 percent for fiscal year 2017. The increase in the operating margin reflects the stronger demand and improved product mix coupled with operating cost improvements partially offset by higher variable compensation expense compared to fiscal year 2017.
Operating income has been impacted by special items. The following presents our operating income and operating margin, in each case excluding the impact of surcharge on net sales and the loss on divestiture of business. We present and discuss these financial measures because management believes removing the impact of these items provides a more consistent and meaningful basis for comparing results of operations from period to period. See the section “Non-GAAP Financial Measures” below for further discussion of these financial measures.
Table:
 | Fiscal Year | 
($ in millions) | 2018 | 2017
Net sales | $2,157.7 | $1,797.6
Less: surcharge revenue | 365.4 | 239.2
Net sales excluding surcharge revenue | $1,792.3 | $1,558.4
Operating income | $189.3 | $121.5
Special items: |  | 
Loss on divestiture of business | — | 3.2
Adjusted operating income excluding special items | $189.3 | $124.7
Operating margin | 8.8% | 6.8%
Adjusted operating margin excluding surcharge revenue and special items | 10.6% | 8.0%


Question: In which years was operating income calculated?
Answer: 2018, 2017
Vesting of Equity Awards During 2019
The following table provides details regarding the equity awards held by our named executives that vested during 2019. Restricted stock and restricted stock units were the only equity awards held by our named executives during 2019.
(1) Represents both time-vested and performance-based equity awards that vested during 2019. For details on the payout of our performance-based equity awards, please see “Compensation Discussion and Analysis—Our 2019 Compensation Program and Components of Pay—Grants of Long Term Incentive Compensation—Long Term Incentive Performance Updates” and “—Our Compensation Philosophy Objectives and Linkage to Corporate Strategy—Overview of Pay Elements and Linkage to Compensation Philosophy and Corporate Strategy.”
(2) Based on the closing trading price of the Common Shares on the applicable vesting date.
Table:
 | Stock Vested During 2019 | 
Name | Number of Shares Acquired on Vesting(1) | Value Realized on Vesting(2)
Mr. Storey | 1,063,929 | $13,479,617
Mr. Dev | 55,490 | 749,737
Mr. Goff | 114,167 | 1,338,934
Mr. Trezise | 71,576 | 812,600
Mr. Andrews | 16,678 | 221,859


Question: What is the value realized on vesting based on?
Answer: the closing trading price of the Common Shares on the applicable vesting date
2017 Restructuring Plan
On September 15, 2016, the Company’s Board of Directors formally approved a restructuring plan to better align the Company’s global capacity and administrative support infrastructure to further optimize organizational effectiveness. This action includes headcount reductions across the Company’s selling, general and administrative cost base and capacity realignment in higher cost locations (the “2017 Restructuring Plan”).
The 2017 Restructuring Plan, totaling $195.0 million in restructuring and other related costs, is complete as of August 31, 2019.
The tables below summarize the Company’s liability activity, primarily associated with the 2017 Restructuring Plan (in thousands):
Table:
 | Employee Severance and Benefit Costs | Lease Costs | Asset Write-off Costs | Other Related Costs | Total
Balance as of August 31, 2017 | $ 33,580 | $1,665 | $ — | $ 3,143 | $38,388
Restructuring related charges | 16,269 | 1,596 | 16,264 | 2,773 | 36,902
Asset write-off charge and other non-cash activity | (127) | 525 | (16,264) | 25 | (15,841)
Cash payments | (31,591) | (1,102) | — | (5,419) | (38,112)
Balance as of August 31, 2018 | 18,131 | 2,684 | — | 522 | 21,337
Restructuring related charges | 16,029 | (41) | (3,566) | 2,071 | 14,493
Asset write-off charge and other non-cash activity | (494) | — | 3,566 | (18) | 3,054
Cash payments | (30,504) | (663) | — | (1,786) | (32,953)
Balance as of August 31, 2019 | $3,162 | $1,980 | $— | $789 | $5,931


Question: What is the change in the balance as of August in Employee Severance and Benefit Costs between 2017 and 2018?
Answer: -15449
Calculation: 18,131-33,580