hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Item 6. Selected Financial Data.
The following selected consolidated financial and operating data was derived from our audited consolidated financial statements. The selected financial data should be read in conjunction with the Consolidated Financial Statements and Notes thereto, and Item 7 contained in Part II of this Annual Report.
(1) When a loss is reported, the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of share-based compensation awards because doing so would be anti-dilutive. In addition, when a loss from continuing operations is reported, adjusting the denominator of diluted earnings per share would also be anti-dilutive to the loss per share, even if the entity has net income after adjusting for a discontinued operation.
Therefore, for all periods presented, basic weighted-average shares outstanding were used in calculating the diluted net loss per share.
Table:
 |  |  | Year ended March 31, |  | 
(In thousands, except per share data) | 2019 | 2018 | 2017 | 2016 | 2015
Operating results |  |  |  |  | 
Net revenue | $140,842 | $127,360 | $127,678 | $120,366 | $103,514
Gross profit | 73,880 | 64,417 | 63,785 | 68,106 | 60,081
Operating loss | (13,081) | (12,080) | (11,408) | (4,313) | (12,467)
Operating loss, net of taxes | (13,164) | (8,350) | (11,721) | (3,765) | (11,497)
Net loss | $(13,164) | $(8,350) | $(11,721) | $(3,765) | $(11,497)
Per share data (1) |  |  |  |  | 
Basic and diluted |  |  |  |  | 
Net loss | $(0.57) | $(0.37) | $(0.52) | $(0.17) | $(0.51)
Weighted-average shares outstanding - basic and diluted | 23,037 | 22,801 | 22,615 | 22,483 | 22,338
Balance sheet data at year end |  |  |  |  | 
Cash and cash equivalents | $40,771 | $39,943 | $49,255 | $60,608 | $75,067
Working capital | 20,707 | 19,343 | 27,183 | 41,401 | 54,407
Total assets | 163,591 | 157,207 | 167,305 | 185,157 | 181,525
Total debt | 57 | 177 | 237 | 333 | 189
Total shareholders’ equity | 100,622 | 108,431 | 113,669 | 123,473 | 124,188


Question: What calculation is used for diluted net loss per share?
Answer: basic weighted-average shares outstanding
Revision of Prior Period Financial Statements
During the preparation of the financial statements for the three months ended September 30, 2019, the Company identified a misstatement in previously issued financial statements. The misstatement related to an error in the measurement of the cumulative effect of the accounting change related to the Company’s January 1, 2018 adoption of Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09” or “Topic 606”) and impacted the January 1, 2018 opening accumulated deficit balance and the related opening balances of deferred commissions assets and accrued expenses. The Company determined that the error was not material to any previously issued financial statements. The Company has revised the December 31, 2018 consolidated balance sheet and the statements of changes in stockholders’ equity for all periods after January 1, 2018 to correct the misstatement as follows (in thousands):
Table:
 |  | December 31, 2018 | 
 | As Previously Reported | Adjustment | As Revised
Deferred commissions, current portion | $24,467 | $1,064 | $25,531
Total current assets | 573,035 | 1,064 | 574,099
Deferred commissions, net of current portion | 45,444 | 10,006 | 55,450
Total assets | 807,156 | 11,070 | 818,226
Accrued expenses | 68,331 | 1,734 | 70,065
Total current liabilities | 400,423 | 1,734 | 402,157
Accumulated deficit | (529,962) | 9,336 | (520,626)
Total stockholders’ equity | 55,907 | 9,336 | 65,243
Total liabilities and stockholders’ equity | 807,156 | 11,070 | 818,226


Question: Which date's opening accumulated deficit balance did the company's misstatement affect?
Answer: January 1, 2018
F. Tabular Disclosure of Contractual Obligations
The following table sets forth our contractual obligations and commitments with definitive payment terms on a consolidated basis which will require significant cash outlays in the future as of December 31, 2019.
(1) Assuming the domestic bonds are paid off upon maturity.
(2) Represents our obligations to make lease payments mainly to use machineries, equipment, office and land on which our fabs are located, primarily in the Hsinchu Science Park and the Tainan Science Park in Taiwan, Pasir Ris Wafer Fab Park in Singapore.
(3) Represents commitments for purchase of raw materials and construction contracts, intellectual properties and royalties payable under our technology license agreements. These commitments include the amounts which are not recorded on our balance sheet as of December 31, 2019.
(4) Represents the guarantee deposits and financial liability for the repurchase of other investors’ investment. The amounts of payments due under these agreements are determined based on fixed contract amounts.
Table:
 |  |  | Payments Due by Period |  | 
 | Total | Less than 1 Year | 1-3 Years | 4-5 Years | After 5 Years
 |  |  | (in NT$ millions)$ millions) |  | 
Long-term debt(1) |  |  |  |  | 
Unsecured bonds | 39,940 | 20,660 | 10,590 | 8,690 | —
Loans | 51,058 | 18,316 | 19,632 | 13,098 | 12
Lease obligations(2) | 7,128 | 741 | 1,414 | 1,181 | 3,792
Purchase obligations(3) | 38,878 | 29,832 | 2,845 | 1,810 | 4,391
Other long-term obligations(4) | 21,411 | 101 | 12,765 | 8,446 | 99
Total contractual cash obligations | 158,415 | 69,650 | 47,246 | 33,225 | 8,294


Question: What does Purchase obligations incorporate?
Answer: Represents commitments for purchase of raw materials and construction contracts, intellectual properties and royalties payable under our technology license agreements.
15 Goodwill and other intangible assets continued
Acquired intangibles
The disclosure by class of acquired intangible assets is shown in the tables below.
2019
Customer relationships are amortised over their useful economic lives in line with the accounting policies disclosed in Note 1. Within this balance individually material balances relate to Thermocoax £32.6m. The remaining amortisation period is 14.3 years.
Brand names and trademark assets are amortised over their useful economic lives in line with the accounting policies disclosed in Note 1. Within this balance individually material balances relate to Chromalox £114.1m (2018: £125.4m), Gestra £28.4m (2018: £32.5m) and Thermocoax £13.6m. The remaining amortisation periods are 17.5 years, 12.3 years and 19.3 years respectively.
Manufacturing designs and core technology are amortised over their useful economic lives in line with the accounting policies disclosed in Note 1. Within this balance individually material balances relate to Chromalox £12.9m (2018: £15.1m), Gestra £10.8m (2018: £12.3m) and Aflex £8.5m (2018: £9.4m). The remaining amortisation period is 12.5 years for Chromalox, 12.3 years for Gestra and 10 years for Aflex.
Non-compete undertakings are amortised over their useful economic lives in line with the accounting policies disclosed in Note 1. There are no individually material items within this balance.
Table:
 | Customer relationships | Brand names and trademarks | Manufacturing designs and core technology | Non-compete undertakings and other | Total acquired intangibles
 | £m | £m | £m | £m | £m
Cost: |  |  |  |  | 
At 1st January 2019 | 57.1 | 187.3 | 56.0 | 20.2 | 320.6
Exchange and other adjustments | (3.0) | (7.8) | (2.2) | (0.9) | (13.9)
 | 54.1 | 179.5 | 53.8 | 19.3 | 306.7
Acquisitions | 34.9 | 14.3 | 7.2 | 3.8 | 60.2
At 31st December 2019 | 89.0 | 193.8 | 61.0 | 23.1 | 366.9
Amortisation and impairment: |  |  |  |  | 
At 1st January 2019 | 25.1 | 21.3 | 14.2 | 15.6 | 76.2
Exchange adjustments | (1.3) | (1.1) | (0.6) | (0.8) | (3.8)
 | 23.8 | 20.2 | 13.6 | 14.8 | 72.4
Amortisation and impairment | 7.1 | 10.4 | 5.6 | 3.7 | 26.8
At 31st December 2019 | 30.9 | 30.6 | 19.2 | 18.5 | 99.2
Net book value: |  |  |  |  | 
At 31st December 2019 | 58.1 | 163.2 | 41.8 | 4.6 | 267.7


Question: What was the change in the amount of individually material balances under manufacturing designs and core technology for Aflex in 2019 from 2018?
Answer: -0.9
Calculation: 8.5-9.4
Note 3: Debt
The line item “Interest expense” on the Consolidated Statements of Operations for the fiscal years 2019, 2018 and 2017, respectively, is as follows (amounts in thousands):
Table:
 |  | Fiscal Years Ended March 31, | 
 | 2019 | 2018 | 2017
Contractual interest expense | $19,471 | $30,323 | $38,825
Capitalized interest | (232) | (141) | (154)
Amortization of debt issuance costs | 334 | 511 | 1,390
Amortization of debt (premium) discount | 1,481 | 1,843 | (788)
Imputed interest on acquisition related obligations | 57 | 113 | 159
Interest expense on capital leases | 128 | 233 | 323
Total interest expense | $21,239 | $32,882 | $39,755


Question: What was the Interest expense on capital leases in 2018?
Answer: 233
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 basic weighted average shares outstanding in 2019?
Answer: 116,175
(a) GitHub has been included in our consolidated results of operations starting on the October 25, 2018 acquisition date.
(b) Includes a $2.6 billion net income tax benefit related to intangible property transfers and a $157 million net charge related to the enactment of the Tax Cuts and Jobs Act (“TCJA”), which together increased net income and diluted earnings per share (“EPS”) by $2.4 billion and $0.31, respectively. Refer to Note 12 – Income Taxes of the Notes to Financial Statements for further discussion.
(c) Includes a $13.7 billion net charge related to the enactment of the TCJA, which decreased net income and diluted EPS by $13.7 billion and $1.75, respectively. Refer to Note 12 – Income Taxes of the Notes to Financial Statements for further discussion.
(d) Reflects the impact of the adoption of new accounting standards in fiscal year 2018 related to revenue recognition and leases.
(e) LinkedIn has been included in our consolidated results of operations starting on the December 8, 2016 acquisition date.
(f) Includes $306 million of employee severance expenses primarily related to our sales and marketing restructuring plan, which decreased operating income, net income, and diluted EPS by $306 million, $243 million, and $0.04, respectively.
(g) Includes $630 million of asset impairment charges related to our Phone business and $480 million of restructuring charges associated with our Phone business restructuring plans, which together decreased operating income, net income, and diluted EPS by $1.1 billion, $895 million, and $0.11, respectively.
(h) Includes $7.5 billion of goodwill and asset impairment charges related to our Phone business and $2.5 billion of integration and restructuring expenses, primarily associated with our Phone business restructuring plans, which together decreased operating income, net income, and diluted EPS by $10.0 billion, $9.5 billion, and $1.15, respectively.
Table:
(In millions, except per share amounts) |  |  |  |  | 
Year Ended June 30, | 2019 (a) | 2018 | 2017 (d)(e) | 2016 (d) | 2015
Revenue | $ 125,843 | $ 110,360 | $ 96,571 | $ 91,154 | $ 93,580
Gross margin | 82,933 | 72,007 | 62,310 | 58,374 | 60,542
Operating income | 42,959 | 35,058 | 29,025 (f) | 26,078 (g) | 18,161(h)
Net income | 39,240(b) | 16,571(c) | 25,489 (f) | 20,539 (g) | 12,193(h)
Diluted earnings per share | 5.06 (b) | 2.13(c) | 3.25 (f) | 2.56 (g) | 1.48(h)
Cash dividends declared per share | 1.84 | 1.68 | 1.56 | 1.44 | 1.24
Cash, cash equivalents, and short-term |  |  |  |  | 
investments | 133,819 | 133,768 | 132,981 | 113,240 | 96,526
Total assets | 286,556 | 258,848 | 250,312 | 202,897 | 174,303
Long-term obligations | 114,806 | 117,642 | 106,856 | 66,705 | 44,574
Stockholders’ equity | 102,330 | 82,718 | 87,711 | 83,090 | 80,083


Question: How much would operating income in 2015 have been if there were no goodwill and impairment charges in 2015?
Answer: 28161
Calculation: 10.0 billion + 18,161 million
ACI WORLDWIDE, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (in thousands)
The accompanying notes are an integral part of the consolidated financial statements.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Net income | $67,062 | $68,921 | $5,135
Other comprehensive income (loss): |  |  | 
Foreign currency translation adjustments | 1,034 | -15,261 | 16,744
Total other comprehensive income (loss) | 1,034 | (15,261 ) | 16,744
Comprehensive income | $68,096 | $53,660 | $21,879


Question: What was the change in comprehensive income between 2018 and 2019?
Answer: 14436
Calculation: $68,096-$53,660
stock price performance the following graph shows a comparison of the cumulative total return on our common stock , the standard & poor 2019s 500 index and the standard & poor 2019s retail index . the graph assumes that the value of an investment in our common stock and in each such index was $ 100 on january 3 , 2009 , and that any dividends have been reinvested . the comparison in the graph below is based solely on historical data and is not intended to forecast the possible future performance of our common stock . comparison of cumulative total return among advance auto parts , inc. , s&p 500 index and s&p retail index company/index january 3 , january 2 , january 1 , december 31 , december 29 , december 28 .

Table:
company/index | january 3 2009 | january 2 2010 | january 1 2011 | december 31 2011 | december 29 2012 | december 28 2013
advance auto parts | $ 100.00 | $ 119.28 | $ 195.80 | $ 206.86 | $ 213.14 | $ 327.63
s&p 500 index | 100.00 | 119.67 | 134.97 | 134.96 | 150.51 | 197.62
s&p retail index | 100.00 | 141.28 | 174.70 | 179.79 | 219.77 | 321.02
.

Question: what is the total return for every dollar invested in advanced auto parts in january 2009 and sold in january 2011?
Answer: 0.96
Calculation: subtract(195.80, 100), divide(#0, 100), multiply(#1, const_1)
sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2016 to december 31 , 2016 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 .

Table:
 | total number ofshares ( or units ) purchased1 | average price paidper share ( or unit ) 2 | total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3 | maximum number ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3
october 1 - 31 | 2099169 | $ 22.28 | 2099169 | $ 218620420
november 1 - 30 | 1454402 | $ 22.79 | 1453049 | $ 185500851
december 1 - 31 | 1269449 | $ 23.93 | 1258700 | $ 155371301
total | 4823020 | $ 22.87 | 4810918 | 
1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) .
we repurchased no withheld shares in october 2016 , 1353 withheld shares in november 2016 and 10749 withheld shares in december 2016 , for a total of 12102 withheld shares during the three-month period .
2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our share repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our share repurchase program .
3 in february 2016 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2016 share repurchase program 201d ) .
on february 10 , 2017 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock .
the new authorization is in addition to any amounts remaining for repurchase under the 2016 share repurchase program .
there is no expiration date associated with the share repurchase programs. .

Question: how is the treasury stock affected after the stock repurchases in the last three months of 2016 , ( in millions ) ?
Answer: 110.3
Calculation: multiply(4823020, 22.87), divide(#0, const_1000000)
Note 8. Goodwill and Intangible Assets, Net
The following table reflects changes in the net carrying amount of the components of intangible assets (in thousands):
Table:
 | Customer Relationships | Developed Technology | Trade Name | Total
Balance as of January 1, 2018 | $88,526 | $5,532 | $228 | $94,286
Amortization | (11,262) | (3,854) | (103) | (15,219)
Balance as of December 31, 2018 | 77,264 | 1,678 | 125 | 79,067
Intangible assets acquired | 19,805 | 16,583 | 2,219 | 38,607
Amortization | (12,673) | (1,441) | (122) | (14,236)
Balance as of December 31, 2019 | $84,396 | $16,820 | $2,222 | $103,438


Question: What was the change in the total balance between December 31, 2019 and December 31, 2018?
Answer: 24371
Calculation: 103,438-79,067
Manoj Shetty
(1) Represents accelerated vesting of 20,687 stock options. Pursuant to Mr. Shetty's stock option agreement (January 17, 2019), if Mr.
Shetty’s employment is terminated without cause or for good reason within six months following a “change in control”, he will become
immediately vested in all outstanding unvested stock options, and all of Mr. Shetty’s outstanding options shall remain exercisable in
accordance with their terms, but in no event for less than 90 days after such termination
(2) Represents accelerated vesting of 8,107 unvested performance restricted stock units. Pursuant to Mr. Shetty's performance restricted
stock unit agreement (dated January 17, 2019), if Mr. Shetty’s employment is terminated without cause or for good reason within six
months following a “change in control” or if Mr. Shetty's employment is terminated due to death or total disability, all non-vested units
shall accelerate and be vested as of the date of termination.
Table:
Type of Payment | Termination by Systemax without “Cause” or Resignation by Employee for “good reason” ($) | Termination Due to Death or Total Disability ($) Termination Due to Death or Total Disability ($) Termination Due to Death or Total Disability ($) | Change In Control Only ($) | Termination by Systemax without “Cause” or Resignation by Employee for “good reason” within a certain period of time following a Change in Control ($)
Cash Compensation (Salary & Non-Equity Incentive Compensation Cash Compensation (Salary & Non-Equity Incentive | - | - | - | -
Value of Accelerated Vesting of Stock Option Awards | - | - | - | 74,100 (1)
Value of Accelerated Vesting of Restricted Stock Unit Awards | - | - | - | -
Value of Accelerated Vesting of Performance Restricted Stock Unit Awards | - - | 204,000 (2) | - | 204,000 (2)
Medical and Other Benefits | - | - | - | -
Total | - | 204,000 | - | 278,100


Question: What are Manoj Shetty's respective accelerated vesting of stock options and unvested performance restricted stock units respectively?
Answer: 20,687, 8,107
* Recast to reflect segment changes.
The year-to-year improvements in margins and pre-tax income in GBS were the result of the shift to higher-value offerings, realignment of resources to key skill areas, increased productivity and utilization as well as a benefit from currency, due to the company’s global delivery model.
Table:
($ in millions) |  |  | 
For the year ended December 31: | 2018* | 2017* | Yr.-to-Yr. Percent/ Margin Change
Global Business Services |  |  | 
External gross profit | $4,448 | $4,033 | 10.3%
External gross profit margin | 26.8% | 25.1% | 1.7pts
Pre-tax income | $1,629 | $1,303 | 25.0%
Pre-tax margin | 9.6% | 7.9% | 1.7pts


Question: What drove the margins and pre-tax income in GBS improvement?
Answer: were the result of the shift to higher-value offerings, realignment of resources to key skill areas, increased productivity and utilization as well as a benefit from currency, due to the company’s global delivery model.
The reconciliation of the United Kingdom statutory tax rate to the Company’s effective tax rate included in the accompanying consolidated statements of operations is as follows:
Although the Company’s parent entity is organized under Jersey law, our affairs are, and are intended to be, managed and controlled ongoing in the United Kingdom. Therefore, the Company is resident in the United Kingdom for tax purposes. The Company’s parent entity is domiciled in the United Kingdom and its earnings are subject to 19%, 19% and 20% statutory tax rate for the years ended March 31, 2019, 2018 and 2017, respectively.
The Company’s effective tax rate differs from the statutory rate each year primarily due to windfall tax benefits on equity award exercises, the valuation allowance maintained against the Company’s net deferred tax assets, the jurisdictional earnings mix, tax credits, withholding taxes, and other permanent differences primarily related to non-deductible expenses.
Table:
 |  | Year ended March 31,  | 
 | 2019 | 2018 | 2017
Tax at statutory rate | 19.0% | 19.0% | 20.0%
U.S. state taxes, net of federal | 31.1 | 14.1 | (1.0)
Foreign rate differential   | 26.3 | 36.8 | (39.3)
Meals and entertainment   | (11.4) | (3.1) | (7.4)
Branch income / loss   | (0.6) | 0.4 | 0.9
Share-based compensation | 172.3 | 105.3 | (4.0)
Foreign exchange   | — | — | (24.8)
Non-deductible interest expense   | — | — | (3.3)
Tax credits | 7.7 | 8.1 | 15.6
Unremitted earnings   | (3.8) | (1.2) | —
Change in valuation allowance   | (249.9) | (110.7) | 124.7
Deferred tax true-ups   | (3.5) | 8.4 | (12.4)
Tax reserves   | (4.9) | (21.5) | (117.7)
Provision to return   | (0.1) | 0.4 | (0.7)
Withholding taxes   | (2.6) | (3.5) | —
Other foreign taxes   | — | — | (6.7)
Non-deductible expenses   | (5.2) | (2.4) | (10.6)
Deferred tax rate change   | (6.3) | (77.8) | (1.3)
Acquisition related costs   | (7.6) | — | —
Other   | (0.5) | (0.2) | —
Effective Tax Rate   | (40.0)% | (27.9)% | (68.0)%


Question: What was the change in the U.S. state taxes, net of federal from 2018 to 2019?
Answer: 17
Calculation: 31.1 - 14.1