hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Income Taxes
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For fiscal 2018, the effective tax rate was different than the statutory rate due primarily to the impact of the Tax Act reform. The Company recorded a benefit of approximately $3.3 million resulting from the effect of a reduction in the deferred rate and the ability to offset indefinite lived deferred tax liabilities with certain deferred tax assets, recognition of net operating losses as deferred tax assets, which were offset by increases in the valuation allowance, certain foreign and state tax effects including a benefit of $0.4 million related to a settlement with the California Franchise Tax Board and other U.S. permanent book to tax differences. At March 31, 2018, we had $198.7 million of a federal net operating loss carryforward that expires, if unused, in fiscal years 2031 to 2038.
For fiscal 2017, the effective tax rate was different than the statutory rate due primarily to the recognition of net operating losses as deferred tax assets, which were offset by increases in the valuation allowance, state taxes and other U.S. permanent book to tax differences.
Although the timing and outcome of tax settlements are uncertain, it is reasonably possible that during the next 12 months a reduction in unrecognized tax benefits may occur in the range of zero to $0.1 million of tax and zero to $0.2 million of interest based on the outcome of tax examinations and as a result of the expiration of various statutes of limitations. We are routinely audited; due to the ongoing nature of current examinations in multiple jurisdictions, other changes could occur in the amount of gross unrecognized tax benefits during the next 12 months which cannot be estimated at this time.
Because of our losses in prior periods, we have recorded a valuation allowance offsetting substantially all of our deferred tax assets. The ultimate realization of deferred tax assets generated prior to Tax Act reform depends on the generation of future taxable income during the periods in which those temporary differences are deductible. Because of our losses in prior periods, management believes that it is more-likely-than-not that we will not realize the benefits of these deductible differences.
Table:
 | Year ended March 31, |  | (Unfavorable) favorable | 
(Dollars in thousands) | 2018 | 2017 | $ | %
Income tax (benefit) expense | $ (3,251) | $ 236 | $ 3,487 | nm
Effective tax rate | (28.0)% | (2.1)% |  | 


Question: What was the benefit related to a settlement with California Franchise Tax board?
Answer: $0.4 million
Intangible Assets
The following table presents the company’s intangible asset balances by major asset class.
* Amounts as of December 31, 2019 include a decrease of $42 million in net intangible asset balances due to foreign currency translation. There was no foreign currency impact on net intangible assets for the year ended December 31, 2018.
** Other intangibles are primarily acquired proprietary and nonproprietary business processes, methodologies and systems.
Table:
 |  |  | 
($ in millions) |  |  | 
 | Gross |  | Net
 | Carrying | Accumulated | Carrying
At December 31, 2019:* | Amount | Amortization | Amount
Intangible asset class |  |  | 
Capitalized software | $ 1,749 | $  (743) | $ 1,006
Client relationships | 8,921 | (1,433) | 7,488
Completed technology | 6,261 | (1,400) | 4,861
Patents/trademarks | 2,301 | (445) | 1,856
Other** | 56 | (31) | 24
Total | $19,287 | $(4,052) | $15,235
($ in millions) |  |  | 
 | Gross |  | Net
 | Carrying | Accumulated | Carrying
At December 31, 2018: | Amount | Amortization | Amount
Intangible asset class |  |  | 
Capitalized software | $1,568 | $  (629) | $  939
Client relationships | 2,068 | (1,123) | 945
Completed technology | 2,156 | (1,296) | 860
Patents/trademarks | 641 | (330) | 311
Other** | 56 | (23) | 32
Total | $6,489 | $(3,402) | $3,087


Question: What was the gross carrying amount of total intangible assets in 2019?
Answer: $ 1,749
(B.2) Employee Benefits Expenses
Components of Employee Benefits Expenses
Table:
€ millions | 2019 | 2018 | 2017
Salaries | 10,031 | 9,025 | 8,693
Social security expenses | 1,477 | 1,339 | 1,281
Share-based payment expenses | 1,835 | 830 | 1,120
Pension expenses | 369 | 330 | 312
Employee-related restructuring expenses | 1,111 | 19 | 180
Termination benefits outside of restructuring plans | 47 | 52 | 57
Employee benefits expenses | 14,870 | 11,595 | 11,643


Question: What was the percentage change in Pension expenses in 2019 from 2018?
Answer: 11.82
Calculation: (369-330)/330
15. ASSET UNDER DEVELOPMENT
In May 2018, upon the completion of the Hilli FLNG conversion and commissioning, we reclassified $1,296 million to "Vessels and equipment, net" in our consolidated balance sheet as of December 31, 2018.
In December 2018, we entered into agreements with Keppel for the conversion of the Gimi to a FLNG and consequently reclassified the carrying value of the Gimi of $20.0 million from "Vessels and equipment, net" to "Asset under development".
In February 2019, Golar entered into an agreement with BP for the employment of a FLNG unit, Gimi, to service the Greater Tortue Ahmeyim project for a 20-year period expected to commence in 2022.
In April 2019, we issued the shipyard with a Final Notice to Proceed with conversion works that had been initiated under the Limited Notice to Proceed. We also completed the sale of 30% of the total issued ordinary share capital of Gimi MS Corp to First FLNG Holdings (see note 5). The estimated conversion cost of the Gimi is approximately $1.3 billion.
Table:
(in thousands of $) | 2019 | 2018
As of January 1 | 20,000 | 1,177,489
Additions | 372,849 | 118,942
Transfer to vessels and equipment, net (note 16) | — | (1,296,431)
Transfer from vessels and equipment, net (note 16) | — | 20,000
Transfer from other non-current assets (note 17) | 31,048 | —
Interest costs capitalized | 10,351 | —
As of December 31 | 434,248 | 20,000


Question: What was the change in additions between 2018 and 2019?
Answer: 253907
Calculation: 372,849 - 118,942
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
We have established an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends, and other information.
Accounts Receivable and Allowance for Doubtful Accounts — Accounts receivable are recorded at net realizable value. We maintain a credit approval process and we make significant judgments in connection with assessing our customers’ ability to pay. Despite this assessment, from time to time, our customers are unable to meet their payment obligations. We continuously monitor our customers’ credit worthiness and use our judgment in establishing a provision for estimated credit losses based upon our historical experience and any specific customer collection issues that we have identified. While such credit losses have historically been within our expectations and the provisions established, there is no assurance that we will continue to experience the same credit loss rates that we have in the past. For example, in the fourth quarter, we increased our allowance for doubtful accounts by $4.2 million relating to a customer exposure in China resulting from economic softness and funding delays causing uncertainty in large program timing which uncertainty is now exacerbated by the spreading Coronavirus. A significant change in the liquidity or financial position of our customers could have a material adverse impact on the collectability of accounts receivable and our future operating results.
Changes in allowance for doubtful accounts are summarized as follows:
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Balances at beginning of period | $1,856 | $1,748
Additions from acquisition | 1,884 | 416
Additions - charged to expense | 4,207 | 109
Deductions - write-offs, net of recoveries | (202) | (417)
Balances at end of period | $7,745 | $1,856


Question: How did the company establish an allowance for doubtful accounts?
Answer: based upon factors surrounding the credit risk of specific customers, historical trends, and other information.
The amount of our operating expenses increased by $43 million on a sequential basis, mainly driven by seasonality and salary dynamic.
On a year-over-year basis, our operating expenses increased by $42 million, mainly due to salary dynamic and increased spending on certain R&D programs, partially offset by favorable currency effects, net of hedging.
Fourth quarter 2019 R&D expenses were net of research tax credits in France and Italy, which amounted to $37 million, compared to $29 million in the third quarter of 2019 and $39 million in the fourth quarter of 2018.
Table:
 |  | Three Months Ended |  | % Variation | 
 | December 31, 2019 | September 29, 2019 | December 31, 2018 | Sequential | Year-Over-Year
 |  |  | (Unaudited, in millions) |  | 
Selling, general and administrative expenses | $(285) | $(267) | $(285) | (6.3)% | 0.4%
Research and development expenses | (387) | (362) | (345) | (7.0) | (12.3)
Total operating expenses | $(672) | $(629) | $(630) | (6.7)% | (6.6)%
As percentage of net revenues | (24.4)% | (24.7)% | (23.8)% | +30 bps | -60 bps


Question: What is the average Research and development expenses for the period December 31, 2019 and 2018?
Answer: 366
Calculation: (387+345) / 2
19. ACCRUED EXPENSES
Vessel operating and drydocking expense related accruals are composed of vessel operating expenses such as crew wages, vessel supplies, routine repairs, maintenance, drydocking, lubricating oils and insurances.
Administrative expenses related accruals are comprised of general overhead including personnel costs, legal and professional fees, costs associated with project development, property costs and other general expenses.
The movement in interest expense is due to repayments of VIE entities' accrued interest expenses during the year.
Table:
(in thousands of $) | 2019 | 2018
Vessel operating and drydocking expenses | (24,457) | (24,041)
Administrative expenses | (11,713) | (11,042)
Interest expense | (44,150) | (97,688)
Current tax payable | (720) | (463)
 | (81,040) | (133,234)


Question: What was the change in administrative expense between 2018 and 2019?
Answer: -671
Calculation: (11,713) - (11,042)
Note 19—Earnings Per Share ("EPS")
Basic EPS is computed by dividing net income attributable to Leidos common stockholders by the basic weighted average number of shares outstanding. Diluted EPS is calculated to give effect to all potentially dilutive common shares that were outstanding during the reporting period. The dilutive effect of outstanding equity-based compensation awards is reflected in diluted EPS by application of the treasury stock method, only in periods in which such effect would have been dilutive for the period.
The Company issues unvested stock awards that have forfeitable rights to dividends or dividend equivalents. These stock awards are dilutive common share equivalents subject to the treasury stock method.
The weighted average number of shares used to compute basic and diluted EPS attributable to Leidos stockholders were:
Anti-dilutive stock-based awards are excluded from the weighted average number of shares outstanding used to compute diluted EPS. For fiscal 2019 and 2017, there were no significant anti-diluted equity awards. For fiscal 2018, there was 1 million of outstanding stock options and vesting stock awards that were anti-dilutive.
Table:
 |  | Year Ended | 
 | January 3, 2020 | December 28, 2018 | December 29, 2017
 |  | (in millions) | 
Basic weighted average number of shares outstanding | 143 | 151 | 152
Dilutive common share equivalents—stock options and other stock awards | 2 | 2 | 2
Diluted weighted average number of shares outstanding | 145 | 153 | 154


Question: What was the change in the Diluted weighted average number of shares outstanding from 2017 to 2018?
Answer: -1
Calculation: 153 - 154
The following direct customers accounted for 10% or more of our net revenues in one or more of the following periods:
Nokia was our largest customer in fiscal 2019, 2018 and 2017. Nokia purchases products directly from us and through contract manufacturers and distributors. Based on information provided to us by its contract manufacturers and our distributors, purchases by Nokia represented approximately 45%, 36% and 41% of our net revenues in fiscal 2019, 2018 and 2017, respectively. To our knowledge, none of our other OEM customers accounted for more than 10% of our net revenues in any of these periods.
Table:
 |  | Fiscal Year Ended | 
 |  | March 31, | 
 | 2019 | 2018 | 2017
Contract manufacturers and consignment warehouses:        |  |  | 
Flextronics Technology | 21.8% | 14.0% | 10.4%
Sanmina | 17.7 | 16.0 | 20.4
Distributors:        |  |  | 
Avnet Logistics | 31.3 | 35.3 | 25.5
Nexcomm  | 14.8 | 16.1 | 19.7


Question: What was the average revenues from Avnet Logistics between 2017-2019?
Answer: 30.7
Calculation: (31.3 + 35.3 + 25.5) / 3
RSU Activity We grant RSUs, which represent the right to receive shares of our common stock. Vesting for RSUs is contingent upon the holders’ continued employment with us and may be subject to other conditions (which may include the satisfaction of a performance measure). Also, certain of our performance-based RSUs include a range of shares that may be released at vesting which are above or below the targeted number of RSUs based on actual performance relative to the grant date performance measure. If the vesting conditions are not met, unvested RSUs will be forfeited. Upon vesting of the RSUs, we may withhold shares otherwise deliverable to satisfy tax withholding requirements.
The following table summarizes our RSU activity with performance-based RSUs presented at the maximum potential shares that could be earned and issued at vesting (amounts in thousands except per share amounts):
Certain of our performance-based RSUs did not have an accounting grant date as of December 31, 2019, as there is not a mutual understanding between the Company and the employee of the performance terms. Generally, these performance terms relate to operating income performance for future years where the performance goals have not yet been set. As of December 31, 2019, there were 3.2 million performance-based RSUs outstanding for which the accounting grant date has not been set, of which 1.9 million were 2019 grants. Accordingly, no grant date fair value was established and the weighted average grant date fair value calculated above for 2019 grants excludes these RSUs.
At December 31, 2019, approximately $96 million of total unrecognized compensation cost was related to RSUs and is expected to be recognized over a weighted-average period of 1.64 years. Of the total unrecognized compensation cost, $50 million was related to performance-based RSUs, which is expected to be recognized over a weighted-average period of 1.63 years. The total grant date fair value of vested RSUs was $147 million, $120 million and $64 million for the years ended December 31, 2019, 2018, and 2017, respectively.
The income tax benefit from stock option exercises and RSU vestings was $47 million, $94 million, and $160 million for the years ended December 31, 2019, 2018, and 2017, respectively.
Table:
 | Number of shares | Weighted-Average Grant Date Fair Value
Unvested RSUs at December 31, 2018 | 10,623 | $40.39
Granted | 4,426 | 45.55
Vested | (2,758) | 47.86
Forfeited | (2,963) | 54.61
Unvested RSUs at December 31, 2019 | 9,328 | $32.60


Question: What is the change in the number of unvested RSUs between 2018 and 2019?
Answer: -1295
Calculation: 9,328-10,623
Our property business includes the operation of communications sites and managed networks, the leasing of property interests, and, in select markets, the operation of fiber and the provision of backup power through shared generators. Our presence in a number of markets at different relative stages of wireless development provides us with significant diversification and long-term growth potential. Our property segments accounted for the following percentage of consolidated total revenue for the years ended December 31,:
Communications Sites. Approximately 95%, 96% and 97% of revenue in our property segments was attributable to our communications sites, excluding DAS networks, for the years ended December 31, 2019, 2018 and 2017, respectively.
We lease space on our communications sites to tenants providing a diverse range of communications services, including cellular voice and data, broadcasting, mobile video and a number of other applications. In addition, in many of our international markets, we receive pass-through revenue from our tenants to cover certain costs, including power and fuel costs and ground rent. Our top tenants by revenue for each region are as follows for the year ended December 31, 2019: • U.S.: AT&T Inc. (“AT&T”); Verizon Wireless; T-Mobile US, Inc. (“T-Mobile”); and Sprint Corporation (“Sprint”) accounted for an aggregate of 89% of U.S. property segment revenue. T-Mobile and Sprint have announced plans to merge in 2020. • Asia: Vodafone Idea Limited; Bharti Airtel Limited (“Airtel”); and Reliance Jio accounted for an aggregate of 83% of Asia property segment revenue. • Africa: MTN Group Limited (“MTN”); and Airtel accounted for an aggregate of 74% of Africa property segment revenue. • Europe: Telefónica S.A (“Telefónica”); Bouygues; and Free accounted for an aggregate of 70% of Europe property segment revenue. • Latin America: Telefónica; AT&T; and América Móvil accounted for an aggregate of 58% of Latin America property segment revenue.
Table:
 | 2019 | 2018 | 2017
U.S. | 55% | 51% | 55%
Asia | 16% | 21% | 17%
Africa | 8% | 7% | 7%
Europe | 2% | 2% | 2%
Latin America | 18% | 17% | 18%


Question: What is the sum of the three least contributing property segments in 2019?
Answer: 26
Calculation: 2%+8%+16%
celanese purchases of its equity securities information regarding repurchases of our common stock during the three months ended december 31 , 2014 is as follows : period number of shares purchased ( 1 ) average price paid per share total number of shares purchased as part of publicly announced program approximate dollar value of shares remaining that may be purchased under the program ( 2 ) .

Table:
period | totalnumberof sharespurchased ( 1 ) | averageprice paidper share | total numberof sharespurchased aspart of publiclyannounced program | approximatedollarvalue of sharesremaining thatmay bepurchased underthe program ( 2 )
october 1 - 31 2014 | 192580 | $ 58.02 | 164800 | $ 490000000
november 1 - 30 2014 | 468128 | $ 59.25 | 468128 | $ 463000000
december 1 - 31 2014 | 199796 | $ 60.78 | 190259 | $ 451000000
total | 860504 |  | 823187 | 
___________________________ ( 1 ) includes 27780 and 9537 for october and december 2014 , respectively , related to shares withheld from employees to cover their statutory minimum withholding requirements for personal income taxes related to the vesting of restricted stock units .
( 2 ) our board of directors has authorized the aggregate repurchase of $ 1.4 billion of our common stock since february 2008 .
see note 17 - stockholders' equity in the accompanying consolidated financial statements for further information .
performance graph the following performance graph and related information shall not be deemed "soliciting material" or to be "filed" with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that we specifically incorporate it by reference into such filing .
comparison of cumulative total return .

Question: what is the total value paid for purchased shares during december 2014?
Answer: 12.1
Calculation: multiply(199796, 60.78), divide(#0, const_1000000)
b. Employee Performance Rights Plan
The Employee Performance Rights Plan (the Rights Plan) was approved by shareholders at the Company’s AGM on 23 November 2017. Under the Rights Plan, awards are made to eligible executives and other management personnel who have an impact on the Group’s performance. Rights Plan awards are granted in the form of performance rights over shares, which vest over a period of three years subject to meeting performance measures and continuous employment with the Company. Each performance right is to subscribe for one ordinary share upon vesting and, when issued, the shares will rank equally with other shares.
Performance rights issued under the Employee Performance Rights Plan are valued on the same basis as those issued to KMP, which is described in Note 16(d).
1. The vesting date for rights granted on 2 July 2017 and 2 July 2018 is the date on which the Board notifies the executive that the rights have vested, after the outcomes for the measurement period have been determined and satisfaction of performance conditions have been assessed. This is likely to be 31 August 2020 and 31 August 2021 respectively.
No performance rights vested or lapsed during the financial year. The number of performance rights issued and outstanding at 30 June 2018 was 355,316, consisting solely of the performance rights granted on 2 July 2017.
The weighted average contractual life of outstanding performance rights at the end of the financial year is 1.77 years (2018: 2.17 years).
Table:
Performance rights issued and outstanding at 30 June 2019 |  |  |  | 
Grant Date | Vesting Date1 | Fair Value per Right $ | Rights Granted | No. of Rights at 30/6/2019
2 Jul 2017 | 31 Aug 2020 | 3.815 | 355,316 | 355,316
2 Jul 2018 | 31 Aug 2021 | 3.01 | 530,652 | 530,652
Total |  |  | 885,968 | 885,968


Question: What was the change in total fair value for rights granted on 2 July 2017 to 2 July 2018?
Answer: 241731.98
Calculation: (3.01 * 530,652) - (3.815 * 355,316)
The credit quality and credit concentration of cash equivalents, current asset investments and derivative financial assets are detailed in the tables below. Where the opinion of Moody’s and Standard & Poor’s (S&P) differ, the lower rating is used.
a We hold cash collateral of £638m (2017/18: £492m, 2016/17: £702m) in respect of derivative financial assets with certain counterparties.
The concentration of credit risk for our trading balances is provided in note 17, which analyses outstanding balances by customerfacing unit. Where multiple transactions are undertaken with a single financial counterparty or group of related counterparties, we enter into netting arrangements to reduce our exposure to credit risk by making use of standard International Swaps and Derivatives Association (ISDA) documentation.
We have also entered into credit support agreements with certain swap counterparties whereby, on a daily, weekly and monthly basis, the fair value position on notional £3,289m of long dated cross-currency swaps and interest rate swaps is collateralised. The related net cash inflow during the year was £129m (2017/18: outflow £220m, 2016/17: inflow £100m). The collateral paid and received is recognised within current asset investments and loans and other borrowings, respectively.
Table:
 | 2019 | 2018 | 2017
Moody’s / S&P credit rating of counterparty | £m | £m | £m
Aa2/AA and above | 2,522 | 2,575 | 1,444
Aa3/AA– | 1,376 | 313 | 208
A1/A+a | 1,145 | 651 | 952
A2/Aa | 649 | 628 | 370
A3/A–a | 50 | 180 | 204
Baa1/BBB+a | 75 | 59 | 561
Baa2/BBB and below a | 160 | 207 | 86
 | 5,977 | 4,613 | 3,825


Question: What is the change in the Aa2/AA and above from 2018 to 2019?
Answer: -53
Calculation: 2,522 - 2,575