hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
10. Tax
The tax charge for the year ended 31 December 2019 was $11.6 million (2018 $5.4 million). This was after a prior year tax charge of $0.1 million and a tax credit on the adjusting items of $0.7 million (2018 prior year credit of $1.5 million and tax credit on adjusting items of $5.2 million). Excluding the prior year and tax credit on adjusting items, the effective tax rate was 13.0 per cent (2018 15.4 per cent).
Table:
 | 2019 | 2018
 | $ million | $ million
Tax charge in the income statement |  | 
Current income tax |  | 
UK tax | 0.3 | 0.1
Foreign tax | 9.2 | 6.2
Amounts underprovided/(overprovided) in previous years | 0.3 | (1.2)
Total current income tax charge | 9.8 | 5.1
Deferred tax |  | 
Recognition of deferred tax assets | (1.5) | (0.8)
Reversal of temporary differences | 3.5 | 1.4
Adjustments in respect of prior years | (0.2) | (0.3)
Total deferred tax charge | 1.8 | 0.3
Tax charge in the income statement | 11.6 | 5.4


Question: Which are the broad categories of tax considered in the tax charge in the income statement?
Answer: Current income tax, Deferred tax
table of contents company stock performance the following graph shows a comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index for the five years ended september 26 , 2015 . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p information technology index and the dow jones u.s . technology supersector index as of the market close on september 24 , 2010 . note that historic stock price performance is not necessarily indicative of future stock price performance . * $ 100 invested on 9/25/10 in stock or index , including reinvestment of dividends . data points are the last day of each fiscal year for the company 2019scommon stock and september 30th for indexes . copyright a9 2015 s&p , a division of mcgraw hill financial . all rights reserved . copyright a9 2015 dow jones & co . all rights reserved . september september september september september september .

Table:
 | september 2010 | september 2011 | september 2012 | september 2013 | september 2014 | september 2015
apple inc . | $ 100 | $ 138 | $ 229 | $ 170 | $ 254 | $ 294
s&p 500 index | $ 100 | $ 101 | $ 132 | $ 157 | $ 188 | $ 187
s&p information technology index | $ 100 | $ 104 | $ 137 | $ 147 | $ 190 | $ 194
dow jones u.s . technology supersector index | $ 100 | $ 103 | $ 134 | $ 141 | $ 183 | $ 183
apple inc .
| 2015 form 10-k | 21 .

Question: what was the change in the s&p 500 index between 2010 and 2015?
Answer: 87
Calculation: subtract(187, const_100)
PRODUCTS
Our primary product is drinkable kefir, a cultured dairy product. Lifeway Kefir is tart and tangy, high in protein, calcium and vitamin D. Thanks to our exclusive blend of kefir cultures, each cup of kefir contains 12 live and active cultures and 15 to 20 billion beneficial CFU (Colony Forming Units) at the time of manufacture.
We manufacture (directly or through co-packers) our products under our own brand, as well as under private labels on behalf of certain customers. As of December 31, 2019, Lifeway offered approximately 20 varieties of our kefir products including more than 60 flavors . In addition to our core drinkable kefir products, we offer several lines of products developed through our innovation and development efforts. These include Kefir Cups, a strained, cupped version of our kefir; and Organic Farmer Cheese Cups, a cupped version of our soft cheeses, both served in resealable 5 oz. containers. We also offer Skyr, a strained cupped Icelandic yogurt; Plantiful, a plant-based probiotic beverage made from organic and non-GMO pea protein with 10 vegan kefir cultures; a line of probiotic supplements for adults and children; and a soft serve kefir mix.
Our product categories are:
• Drinkable Kefir, sold in a variety of organic and non-organic sizes, flavors, and types, including low fat, non-fat, whole milk, protein, and BioKefir (a 3.5 oz. kefir with additional probiotic cultures). • European-style soft cheeses, including farmer cheese in resealable cups. • Cream and other, which consists primarily of cream, a byproduct of making our kefir. • ProBugs, a line of kefir products designed for children. • Other Dairy, which includes Cupped Kefir and Icelandic Skyr, a line of strained kefir and yogurt products in resealable cups. • Frozen Kefir, available in both soft serve and pint-size containers.
Net sales of products by category were as follows for the years ended December 31:
(a) Includes Lifeway Kefir Shop sales
Table:
 |  | 2019 |  | 2018
In thousands | $ | % | $ | %
Drinkable Kefir other than ProBugs | $ 71,822 | 77% | $ 78,523 | 76%
Cheese | 11,459 | 12% | 11,486 | 11%
Cream and other | 4,228 | 4% | 5,276 | 5%
ProBugs Kefir | 2,780 | 3% | 2,795 | 3%
Other dairy | 1,756 | 2% | 3,836 | 4%
Frozen Kefir (a) | 1,617 | 2% | 1,434 | 1%
Net Sales | $ 93,662 | 100% | $ 103,350 | 100%


Question: What is the amount of net sales from ProBugs Kelir in 2018 and 2019 respectively?
Answer: 2,795, 2,780
Operating Income
Our operating income in fiscal year 2019 increased to $241.4 million, or 10.1 percent of net sales as compared with $189.3 million, or 8.8 percent of net sales in fiscal year 2018. Excluding surcharge revenue and special items, adjusted operating margin was 12.5 percent for the fiscal year 2019 and 10.6 percent for the same period a year ago. The increase in the operating margin reflects steady demand and improved product mix coupled with operating cost improvements offset by higher selling, general and administrative expenses compared to the same period a year ago.
The following presents our operating income and operating margin, in each case excluding the impact of surcharge on net sales and special items. We present and discuss these financial measures because management believes removing the impact of these items provides a more consistent and meaningful basis for comparing results of operations from period to period. See the section “Non-GAAP Financial Measures” below for further discussion of these financial measures.
Table:
 | Fiscal Year | 
($ in millions) | 2019 | 2018
Net sales | $2,380.2 | $2,157.7
Less: surcharge revenue | 438.1 | 365.4
Net sales excluding surcharge revenue | $1,942.1 | $1,792.3
Operating income | $241.4 | $189.3
Special items: |  | 
Acquisition-related costs | 1.2 | —
Adjusted operating income excluding special items | $242.6 | $189.3
Operating margin | 10.1% | 8.8%
Adjusted operating margin excluding surcharge revenue and special items | 12.5% | 10.6%


Question: In which years was operating income calculated?
Answer: 2019, 2018
During the year ended December 31, 2019, we sold marketable securities for proceeds of $52.0 million and realized no gain or loss on such sales. During the years ended December 31, 2018 and 2017, we sold marketable securities for proceeds of $10.8 million and $118.3 million, respectively, and realized gains of less than $0.1 million on such sales in each respective period. See Note 11. “Fair Value Measurements” to our consolidated financial statements for information about the fair value of our marketable securities.
The following tables summarize the unrealized gains and losses related to our available-for-sale marketable securities, by major security type, as of December 31, 2019 and 2018 (in thousands):
As of December 31, 2019, we had no investments in a loss position for a period of time greater than 12 months. As of December 31, 2018, we identified 15 investments totaling $207.2 million that had been in a loss position for a period of time greater than 12 months with unrealized losses of $1.8 million. The unrealized losses were primarily due to increases in interest rates relative to rates at the time of purchase. Based on the underlying credit quality of the investments, we generally hold such securities until we recover our cost basis. Therefore, we did not consider these securities to be other-than-temporarily impaired.
Table:
 |  | As of December 31, 2019 |  | 
 | Amortized | Unrealized | Unrealized | Fair
 | Cost | Gains | Losses | Value
Foreign debt . | $387,775 | $551 | $506 | $387,820
Foreign government obligations | 21,991 | 20 | — | 22,011
U.S. debt | 65,970 | 176 | 12 | 66,134
Time deposits | 335,541 | — | — | 335,541
Total . | $811,277 | $747 | $518 | $811,506


Question: What percentage of the total fair value marketable securities is made up of fair value time deposits?
Answer: 41.35
Calculation: 335,541 / 811,506
Intellectual Property and Custom Development Income
Licensing of intellectual property including royalty-based fees decreased 49.2 percent in 2019 compared to 2018. This was primarily due to a decline in new partnership agreements compared to the prior year. The timing and amount of licensing, sales or other transfers of IP may vary significantly from period to period depending upon the timing of licensing agreements, economic conditions, industry consolidation and the timing of new patents and know-how development.
Table:
($ in millions) |  |  | Percent
For the year ended December 31: | 2019 | 2018 | Yr.-to-Yr. Percent Change
Licensing of intellectual property including royalty-based fees | $367 | $723 | (43.2)%
Custom development income | 246 | 275 | (10.5)
Sales/other transfers of intellectual property | 34 | 28 | 22.6
Total | $648 | $1,026 | (36.9)%


Question: What caused the decrease in Licensing of intellectual property?
Answer: This was primarily due to a decline in new partnership agreements compared to the prior year. The timing and amount of licensing, sales or other transfers of IP may vary significantly from period to period depending upon the timing of licensing agreements, economic conditions, industry consolidation and the timing of new patents and know-how development.
As a result of the adoption of ASC 606, our deferred product revenues and deferred product costs for the fleet management and auto vehicle finance verticals increased as balances are now amortized over the estimated average in-service lives of these devices. Deferred income tax assets and accumulated deficit increased as a result of the changes made to our deferred product revenues and deferred product costs. The cumulative effect of the changes made to our consolidated balance sheet for the adoption of ASC 606 were as follows (in thousands):
(1) Deferred product costs included in Prepaid expenses and other current assets and Other assets amounted to $5.4 million and $6.0 million, respectively, as of March 1, 2018.
Table:
 | Balance at | ASC 606 | Balance at
 | February 28, 2018 | Adjustments | March 1, 2018
 | Assets |  | 
Prepaid expenses and other current assets (1) | $12,000 | 1,891 | $13,891
Deferred income tax assets | 31,581 | 532 | 32,113
Other assets (1) | 18,829 | 3,145 | 21,974
 |  |  | 
 | Liabilities and Stockholders' Equity |  | 
Deferred revenue | $17,757 | 2,156 | 19,913
Other non-current liabilities | 24,249 | 5,007 | 29,256
 |  |  | 
 | Stockholders' equity |  | 


Question: What were the results of the adoption of ASC 606 to the company?
Answer: deferred product revenues and deferred product costs for the fleet management and auto vehicle finance verticals increased
a) Vessels Under Construction and Upgrades
Teekay LNG's share of commitments to fund newbuilding and other construction contract costs as at December 31, 2019 are as follows:
(i) In June 2019, Teekay LNG entered into an agreement with a contractor to supply equipment on certain of its LNG carriers in 2021 and 2022, for an estimated installed cost of approximately $60.6 million. As at December 31, 2019, the estimated remaining cost of this installation is $49.7 million.
(ii) Teekay LNG has a 30% ownership interest in the Bahrain LNG Joint Venture which has an LNG receiving and regasification terminal in Bahrain. The Bahrain LNG Joint Venture has secured undrawn debt financing of $34 million, of which $10 million relates to Teekay LNG's proportionate share of the commitments included in the table above.
Table:
 | Total | 2020 | 2021 | 2022
 | $ | $ | $ | $
Consolidated LNG carriers (i) | 49,652 | 11,979 | 22,382 | 15,291
Bahrain LNG Joint Venture (ii) | 11,351 | 11,351 | — | —
 | 61,003 | 23,330 | 22,382 | 15,291


Question: What is the increase/ (decrease) in Consolidated LNG carriers from 2021 to 2022?
Answer: -7091
Calculation: 15,291-22,382
The carrying amounts and fair values of Teradyne’s financial instruments at December 31, 2019 and 2018 were as follows:
(1) The carrying value represents the bifurcated debt component only, while the fair value is based on quoted market prices for the convertible note which includes the equity conversion features.
The fair values of accounts receivable, net and accounts payable approximate the carrying amount due to the short term nature of these instruments.
Table:
 | December 31, 2019 |  | December 31, 2018 | 
 | Carrying Value | Fair Value | Carrying Value | Fair Value
 |  | (in thousands) |  | 
Assets |  |  |  | 
Cash and cash equivalents | $773,924 | $773,924 | $926,752 | $926,752
Marketable securities | 241,793 | 241,793 | 277,827 | 277,827
Derivative assets | 528 | 528 | 79 | 79
Liabilities |  |  |  | 
Contingent consideration | 39,705 | 39,705 | 70,543 | 70,543
Derivative liabilities | 203 | 203 | 514 | 514
Convertible debt (1) | 394,687 | 1,010,275 | 379,981 | 547,113


Question: What does the carrying value of convertible debt represent?
Answer: the bifurcated debt component only, while the fair value is based on quoted market prices for the convertible note which includes the equity conversion features.
20. Computation of Basic/Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share (amounts in millions, except per share data):
The vesting of certain of our employee-related restricted stock units and options is contingent upon the satisfaction of predefined performance measures. The shares underlying these equity awards are included in the weighted-average dilutive common shares only if the performance measures are met as of the end of the reporting period. Additionally, potential common shares are not included in the denominator of the diluted earnings per common share calculation when the inclusion of such shares would be anti-dilutive.
Table:
 |  | For the Years Ended December 31, | 
 | 2019 | 2018 | 2017
Numerator: |  |  | 
Consolidated net income | $1,503 | $1,848 | $273
Denominator: |  |  | 
Denominator for basic earnings per common share—weighted-average common shares outstanding | 767 | 762 | 754
Effect of dilutive stock options and awards under the treasury stock method | 4 | 9 | 12
Denominator for diluted earnings per common share—weighted-average common shares outstanding plus dilutive common shares under the treasury stock method | 771 | 771 | 766
Basic earnings per common share | $1.96 | $2.43 | $0.36
Diluted earnings per common share | $1.95 | $2.40 | $0.36


Question: What was the change in diluted earnings per common share between 2018 and 2019?
Answer: -0.45
Calculation: $1.95-$2.40
Subscription Revenue by Segment
Our subscription revenue is comprised primarily of fees we charge for our subscription and hosted service offerings including Creative Cloud and certain of our Digital Experience and Document Cloud services. We recognize subscription revenue ratably over the term of agreements with our customers, beginning with commencement of service.
We have the following reportable segments: Digital Media, Digital Experience and Publishing. Subscription revenue by reportable segment for fiscal 2019, 2018 and 2017 is as follows:
(*) Percentage is less than 1%
Our product revenue is primarily comprised of revenue from distinct on-premise software licenses recognized at a point in time and certain of our OEM and royalty agreements. Our services and support revenue is comprised of consulting, training and maintenance and support, primarily related to the licensing of our enterprise offerings and the sale of our hosted Digital Experience services. Our support revenue also includes technical support and developer support to partners and developer organizations related to our desktop products. Our maintenance and support offerings, which entitle customers to receive desktop product upgrades and enhancements or technical support, depending on the offering, are generally recognized ratably over the term of the arrangement.
Table:
(dollars in millions) | 2019 | 2018 | 2017 | % Change 2019 - 2018
Digital Media | $7,208.3 | $5,857.7 | $4,480.8 | 23%
Digital Experience | 2,670.7 | 1,949.3 | 1,552.5 | 37%
Publishing | 115.5 | 115.2 | 100.6 | *
Total subscription revenue | $9,994.5 | $7,922.2 | $6,133.9 | 26%


Question: What is the percentage change in publishing between 2018 and 2019?
Answer: 0.26
Calculation: (115.5-115.2)/115.2
entergy louisiana , inc . management's financial discussion and analysis setting any of entergy louisiana's rates . therefore , to the extent entergy louisiana's use of the proceeds would ordinarily have reduced its rate base , no change in rate base shall be reflected for ratemaking purposes . the sec approval for additional return of equity capital is now expired . entergy louisiana's receivables from or ( payables to ) the money pool were as follows as of december 31 for each of the following years: .

Table:
2004 | 2003 | 2002 | 2001
( in thousands ) | ( in thousands ) | ( in thousands ) | ( in thousands )
$ 40549 | ( $ 41317 ) | $ 18854 | $ 3812
money pool activity used $ 81.9 million of entergy louisiana's operating cash flow in 2004 , provided $ 60.2 million in 2003 , and used $ 15.0 million in 2002 .
see note 4 to the domestic utility companies and system energy financial statements for a description of the money pool .
investing activities the decrease of $ 25.1 million in net cash used by investing activities in 2004 was primarily due to decreased spending on customer service projects , partially offset by increases in spending on transmission projects and fossil plant projects .
the increase of $ 56.0 million in net cash used by investing activities in 2003 was primarily due to increased spending on customer service , transmission , and nuclear projects .
financing activities the decrease of $ 404.4 million in net cash used by financing activities in 2004 was primarily due to : 2022 the net issuance of $ 98.0 million of long-term debt in 2004 compared to the retirement of $ 261.0 million in 2022 a principal payment of $ 14.8 million in 2004 for the waterford lease obligation compared to a principal payment of $ 35.4 million in 2003 ; and 2022 a decrease of $ 29.0 million in common stock dividends paid .
the decrease of $ 105.5 million in net cash used by financing activities in 2003 was primarily due to : 2022 a decrease of $ 125.9 million in common stock dividends paid ; and 2022 the repurchase of $ 120 million of common stock from entergy corporation in 2002 .
the decrease in net cash used in 2003 was partially offset by the following : 2022 the retirement in 2003 of $ 150 million of 8.5% ( 8.5 % ) series first mortgage bonds compared to the net retirement of $ 134.6 million of first mortgage bonds in 2002 ; and 2022 principal payments of $ 35.4 million in 2003 for the waterford 3 lease obligation compared to principal payments of $ 15.9 million in 2002 .
see note 5 to the domestic utility companies and system energy financial statements for details of long-term debt .
uses of capital entergy louisiana requires capital resources for : 2022 construction and other capital investments ; 2022 debt and preferred stock maturities ; 2022 working capital purposes , including the financing of fuel and purchased power costs ; and 2022 dividend and interest payments. .

Question: what is the the net issuance of long-term debt as a percentage of the decrease in net cash used by financing activities in 2004?
Answer: 24.2%
Calculation: divide(98.0, 404.4)
Non-current provisions
Non-current provisions consisted of the following:
The non-current provision for employee benefits includes long service leave as described above.
The dilapidation provision relates to certain lease arrangements for office space entered into by the Group. These lease arrangements require the Group to restore each premises to its original condition upon lease termination. Accordingly, the Group records a provision for the present value of the estimated future costs to retire long-lived assets at the expiration of these leases.
Table:
 | As of June 30, | 
 | 2019 | 2018
 | (U.S. $ in thousands) | 
Employee benefits | $3,323 | $2,094
Dilapidation provision | 2,759 | 2,269
 | $6,082 | $4,363


Question: What is the average employee benefits for fiscal years 2018 and 2019?
Answer: 2708.5
Calculation: (3,323+2,094)/2
Our fourth quarter 2019 net revenues amounted to $2,754 million, registering a sequential increase of 7.9%, 290 basis points above the mid-point of our guidance, with all product groups contributing to the growth. The sequential increase resulted from higher volumes of approximately 7% and an increase of approximately 1% in average selling prices, the latter entirely due to product mix, while selling prices remained substantially stable.
On a year-over-year basis, our net revenues increased by 4.0%. This increase was entirely due to an increase of approximately 6% in average selling prices, partially offset by an approximate 2% decrease in volumes. The average selling prices increase was entirely driven by improved product mix of approximately 9%, partially offset by lower selling prices of approximately 3%.
Table:
 | Three Months Ended | Three Months Ended | Three Months Ended | % Variation | % Variation
 | December 31, 2019 | September 29, 2019 | December 31, 2018 | Sequential | Year- Over- Year
 | (Unaudited, in millions) |  |  |  | 
Net sales | $ 2,750 | $ 2,547 | $ 2,633 | 8.0% | 4.5%
Other revenues | 4 | 6 | 15 | (45.0) | (77.4)
Net revenues | $ 2,754 | $ 2,553 | $ 2,648 | 7.9% | 4.0%


Question: What led to increase in net revenues On a year-over-year basis?
Answer: due to an increase of approximately 6% in average selling prices, partially offset by an approximate 2% decrease in volumes.
Non-marketable investments
Non-marketable equity securities are measured at fair value using market data, such as publicly available financing round valuations. Financial information of private companies may not be available and consequently we will estimate the fair value based on the best available information at the measurement date.
The following table presents the reconciliations of Level 3 financial instrument fair values:
There were transfers out from Level 3 due to initial public offerings of the respective investees during fiscal year 2019. There were no transfers between levels during fiscal year 2018.
Table:
 | Capped Call | Embedded exchange feature of Notes | Non-marketable investments
 |  | (U.S. $ in thousands) | 
Balance as of June 30, 2017 | $— | $— | $—
Purchases | 87,700 | (177,907) | —
Gains (losses) |  |  | 
Recognized in other non-operating (expense) income, net | 12,232 | (24,646) | 
Balance as of June 30, 2018 | 99,932 | (202,553) | —
Change in unrealized gains (losses) relating to assets and liabilities held as of June 30, 2018 |  |  | 
Recognized in other non-operating income (expense), net | 12,232 | (24,646) | —
Balance as of June 30, 2018 | $99,932 | $(202,553) | $—
Purchases | — | — | 23,000
Transfer out | — | — | (20,942)
Gains (losses) |  |  | 
Recognized in finance income | — | — | 270
Recognized in other non-operating (expense) income, net | 114,665 | (648,573) | —
Recognized in other comprehensive income | — | — | 672
Balance as of June 30, 2019 | $214,597 | $(851,126) | $3,000
Change in unrealized gains (losses) relating to assets and liabilities held as of June 30, 2019 |  |  | 
Recognized in other non-operating income (expense), net | 114,665 | (648,573) | —


Question: What is the percentage change in the balance of capped call between fiscal year ended June 30, 2018 and 2019?
Answer: 114.74
Calculation: (214,597-99,932)/99,932