hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Operating Segment Results
Currently, we have three reportable segments—Activision, Blizzard, and King. Our operating segments are consistent with the manner in which our operations are reviewed and managed by our Chief Executive Officer, who is our chief operating decision maker (“CODM”). The CODM reviews segment performance exclusive of: the impact of the change in deferred revenues and related cost of revenues with respect to certain of our online-enabled games; share-based compensation expense; amortization of intangible assets as a result of purchase price accounting; fees and other expenses (including legal fees, expenses, and accruals) related to acquisitions, associated integration activities, and financings; certain restructuring and related costs; and certain other non-cash charges. The CODM does not review any information regarding total assets on an operating segment basis, and accordingly, no disclosure is made with respect thereto.
Our operating segments are also consistent with our internal organizational structure, the way we assess operating performance and allocate resources, and the availability of separate financial information. We do not aggregate operating segments.
Information on the reportable segment net revenues and segment operating income are presented below (amounts in millions):
(1) Intersegment revenues reflect licensing and service fees charged between segments.
Table:
 |  |  |  | For the Year Ended December 31, 2018
 | Activision | Blizzard | King | Total
Segment Revenues |  |  |  | 
Net revenues from external customers | $2,458 | $2,238 | $2,086 | $6,782
Intersegment net revenues (1) | — | 53 | — | 53
Segment net revenues | $2,458 | $2,291 | $2,086 | $6,835
Segment operating income | $1,011 | $685 | $750 | $2,446


Question: What is the Net revenues from external customers from Blizzard?
Answer: $2,238
Changes in the amounts of unrecognized tax benefits were as follows:
We had gross unrecognized tax benefits of $20.6 million and $19.8 million as of December 31, 2019 and 2018, respectively. If the current gross unrecognized tax benefits were recognized, the result would be an increase in our income tax benefit of $20.7 million and $19.6 million, respectively. These amounts are net of accrued interest and penalties relating to unrecognized tax benefits of $0.4 million and $0.2 million, respectively.
We believe that it is reasonably possible that $0.2 million of our currently remaining unrecognized tax benefits may be recognized by the end of 2020, as a result of a lapse of the applicable statute of limitations.
Table:
 |  | Year Ended December 31, | 
(In thousands) | 2019 | 2018 | 2017
Beginning balance as of January 1 | $ 19,821 | $ 10,939 | $ 10,616
Increases for tax positions related to the current year | 1,240 | 8,977 | 640
Decreases for tax positions related to prior years | 0 | 0 | (146)
Increases for tax positions related to prior years | 95 | 367 | 153
Decreases relating to settlements with taxing authorities | 0 | 0 | 0
Increases acquired in business acquisitions | 0 | 540 | 0
Foreign currency translation | 3 | (5) | 10
Reductions due to lapsed statute of limitations | (555) | (997) | (334)
Ending balance as of December 31 | $ 20,604 | $ 19,821 | $ 10,939


Question: How much is the gross unrecognized tax benefits as of December 31, 2018?
Answer: $19.8 million
F. INVENTORIES
Inventories, net consisted of the following at December 31, 2019 and 2018:
Inventory reserves for the years ended December 31, 2019 and 2018 were $103.6 million and $100.8 million, respectively.
Table:
 | 2019 | 2018
 | (in thousands) | 
Raw material | $118,595 | $89,365
Work-in-process | 32,695 | 31,014
Finished goods | 45,401 | 33,162
 | $196,691 | $153,541


Question: What was the percentage change in Finished goods from 2018 to 2019?
Answer: 36.91
Calculation: (45,401-33,162)/33,162
Accounts Receivable and Allowance for Doubtful Accounts
The majority of our accounts receivable are derived from sales to large multinational semiconductor manufacturers throughout the world, are recorded at their invoiced amount and do not bear interest.
In order to monitor potential credit losses, we perform ongoing credit evaluations of our customers' financial condition. An allowance for doubtful accounts is maintained based upon our assessment of the expected collectability of all accounts receivable. The allowance for doubtful accounts is reviewed and assessed for adequacy on a quarterly basis.
We take into consideration (1) any circumstances of which we are aware of a customer's inability to meet its financial obligations and (2) our judgments as to prevailing economic conditions in the industry and their impact on our customers. If circumstances change, and the financial condition of our customers is adversely affected and they are unable to meet their financial obligations, we may need to take additional allowances, which would result in an increase in our operating expense.
Activity related to our allowance for doubtful accounts receivable was as follows (in thousands):
Table:
 |  | Fiscal Year Ended | 
 | December 28, 2019 | December 29, 2018 | December 30, 2017
Balance at beginning of year | $185 | $200 | $299
Charges (reversals) to costs and expenses | 37 | (15) | (99)
Balance at end of year | $222 | $185 | $200


Question: In which year was Balance at beginning of year less than 200 thousands?
Answer: 2019
Calculation: locate and analyze Balance at beginning of year in row 3
Administrative expenses
The Group has adopted IFRS 16 ‘Leases’ in the period, which impacts Other costs and Depreciation & amortisation within Operating profit. Property and vehicle rental charges are no longer included in other costs, and depreciation now includes depreciation on leased assets. Prior period comparatives have been restated to reflect these changes as the fully retrospective approach has been used.
Operating costs continue to be well controlled, with administrative expenses increasing by 3% to £112.3m (2018 restated: £108.8m).
People costs, which comprise all staff costs including third-party contractor costs, increased by 3% in the year to £56.4m (2018: £54.8m). The increase in people costs was driven primarily by underlying salary costs which increased due to strong competition for digital talent, however this has been partially offset by a reduction in average full-time equivalent employees (‘FTEs’) (including contractors) to 804 (2018: 824). The number of FTEs was particularly impacted in the fourth quarter by the transfer of 15 staff to Dealer Auction, our joint venture with Cox Automotive UK. Share-based payments, including applicable national insurance costs of £5.9m (2018: £3.7m), have been included within people costs. The year-on-year increase in the share-based payment charge was due to leavers under the Performance Share Plan in 2018 for which a credit was recognised in the prior year, and a change in the way senior management are remunerated. The Group now settles a greater proportion of the senior management incentive scheme in shares which increases the share-based payment charge with an offset realised within cash bonuses.
Marketing spend increased in line with revenue by 8% to £17.6m (2018: £16.3m), as we look to maintain and enhance our audience position and educate consumers on new products such as new car offerings and search by monthly payment.
Other costs, which include data services, property related costs and other overheads, remain well controlled and increased by 2% on a like-for-like basis to £29.4m (2018 restated: £28.7m).
Depreciation & amortisation remained broadly flat at £8.9m (2018 restated: £9.0m). Within this was depreciation of £2.0m in relation to lease assets (2018 restated: £1.9m).
1    2018 has been restated for the impact of IFRS 16.
Table:
 | 2019 | 2018 | 
Costs | £m | £m | Change
People costs | 56.4 | 54.8 | 3%
Marketing | 17.6 | 16.3 | 8%
Other costs | 29.4 | 28.7 | 2%
Depreciation and amortisation | 8.9 | 9.0 | (1%)
Total administrative expenses | 112.3 | 108.8 | 3%


Question: What was the change in Other costs in 2019 from 2018?
Answer: 0.7
Calculation: 29.4-28.7
during the third quarter ended 30 june 2017 , we recognized a goodwill impairment charge of $ 145.3 and an intangible asset impairment charge of $ 16.8 associated with our lasa reporting unit . refer to note 11 , goodwill , and note 12 , intangible assets , for more information related to these charges and the associated fair value measurement methods and significant inputs/assumptions , which were classified as level 3 since unobservable inputs were utilized in the fair value measurements . 16 . debt the tables below summarize our outstanding debt at 30 september 2019 and 2018 : total debt .

Table:
30 september | 2019 | 2018
short-term borrowings | $ 58.2 | $ 54.3
current portion of long-term debt ( a ) ( b ) | 40.4 | 406.6
long-term debt | 2907.3 | 2967.4
long-term debt 2013 related party ( b ) | 320.1 | 384.3
total debt | $ 3326.0 | $ 3812.6
( a ) fiscal year 2019 includes the current portion of long-term debt owed to a related party of $ 37.8 .
( b ) refer to note 7 , acquisitions , for additional information regarding related party debt .
short-term borrowings short-term borrowings consisted of bank obligations of $ 58.2 and $ 54.3 at 30 september 2019 and 2018 , respectively .
the weighted average interest rate of short-term borrowings outstanding at 30 september 2019 and 2018 was 3.7% ( 3.7 % ) and 5.0% ( 5.0 % ) , respectively. .

Question: what is the short-term debt as a percent of long-term debt , in 2019?
Answer: 1.80%
Calculation: add(2907.3, 320.1), divide(58.2, #0)
NOTE 11 – OTHER RECEIVABLES
No significant other receivables are past due or credit impaired.
The carrying amount is a reasonable approximation of fair value due to the short-term nature of the receivables. Please refer to note 21 for further information on fair value hierarchies.
Table:
USDm | 2019 | 2018
Partners and commercial managements | 1.9 | -
Derivative financial instruments | 0.5 | 3.7
Tax receivables | 1.5 | 1.2
Other | 2.3 | 2.6
Balance as of 31 December | 6.2 | 7.5


Question: In which year was the amount of Other larger?
Answer: 2018
Calculation: 2.6>2.3
visa inc . notes to consolidated financial statements 2014 ( continued ) september 30 , 2008 ( in millions , except as noted ) were converted on a one-to-one basis from class eu ( series i , ii , iii ) common stock to class c ( series iii , ii , and iv ) common stock concurrent with the true-up . the results of the true-up are reflected in the table below . fractional shares resulting from the conversion of the shares of each individual stockholder have been rounded down . these fractional shares were paid in cash to stockholders as part of the initial redemption of class b common stock and class c common stock shortly following the ipo . outstanding regional classes and series of common stock issued in the reorganization converted classes and series of common stock issued in the true-up number of regional classes and series of common stock issued in the reorganization true-up conversion number of converted classes and series of common stock after the true-up class usa ( 1 ) class b ( 2 ) 426390481 0.93870 400251872 .

Table:
outstanding regional classes and seriesof common stock issued inthe reorganization | converted classes and series of common stock issued in the true-up | number of regional classes and series of common stock issued in the reorganization | true-up conversion ratio | number of converted classes and series of common stock after the true-up
class usa ( 1 ) | class b ( 2 ) | 426390481 | 0.93870 | 400251872
class eu ( series i ) | class c ( series iii ) | 62213201 | 1.00000 | 62213201
class eu ( series ii ) | class c ( series ii ) | 27904464 | 1.00000 | 27904464
class eu ( series iii ) | class c ( series iv ) | 549587 | 1.00000 | 549587
class canada | class c ( series i ) | 22034685 | 0.98007 | 21595528
class ap | class c ( series i ) | 119100481 | 1.19043 | 141780635
class lac | class c ( series i ) | 80137915 | 1.07110 | 85835549
class cemea | class c ( series i ) | 36749698 | 0.95101 | 34949123
( 1 ) the amount of the class usa common stock outstanding prior to the true-up is net of 131592008 shares held by wholly-owned subsidiaries of the company .
( 2 ) the amount of the class b common stock outstanding subsequent to the true-up is net of 123525418 shares held by wholly-owned subsidiaries of the company .
also , the company issued 51844393 additional shares of class c ( series ii ) common stock at a price of $ 44 per share in exchange for a subscription receivable from visa europe .
this issuance and subscription receivable were recorded as offsetting entries in temporary equity on the company 2019s consolidated balance sheet at september 30 , 2008 .
initial public offering in march 2008 , the company completed its ipo with the issuance of 446600000 shares of class a common stock at a net offering price of $ 42.77 ( the ipo price of $ 44.00 per share of class a common stock , less underwriting discounts and commissions of $ 1.23 per share ) .
the company received net proceeds of $ 19.1 billion as a result of the ipo. .

Question: what amount of net capital was raised by the company at the ipo with the issuance of class a common stock?
Answer: 19101082000
Calculation: multiply(446600000, 42.77)
13. Stock-Based Compensation:
Under the 2014 RSU Plan, we may grant restricted stock units of up to an aggregate of 3,000 units. Each unit converts to one share of the Company’s stock at the
time of vesting. The fair value of RSU awards is determined at the closing market price of the Company’s common stock at the date of grant. For the years ended March
31, 2018 and 2019, there were 292 and 315 awards, respectively, granted from this plan. Restricted stock activity during the year ended 2019 is as follows:
Performance-based awards vest one year after the grant date. Service-based awards vest as to one-third annually with the requisite service periods beginning on
the grant date. Awards are amortized over their respective grade-vesting periods. The total unrecognized compensation costs related to unvested stock awards expected
to be recognized over the vesting period, approximately three years, was $1,476 at March 31, 2019.
We have four fixed stock option plans. Under the 2004 Stock Option Plan, as amended, we may grant options to employees for the purchase of up to an aggregate
of 10,000 shares of common stock. Under the 2004 Non-Employee Directors’ Stock Option Plan, as amended, we may grant options for the purchase of up to an
aggregate of 1,000 shares of common stock. No awards were made under these two plans after August 1, 2013. Under the 2014 Stock Option Plan, we can grant options
to employees for the purchase of up to an aggregate of 10,000 shares of common stock. Under the 2014 Non-Employee Directors’ Stock Option Plan, as amended, we can
grant options to our directors for the purchase of up to an aggregate of 1,000 shares of common stock. Under all plans, the exercise price of each option shall not be less
than the market price of our stock on the date of grant and an option’s maximum term is 10 years. Options granted under the 2004 Stock Option Plan and the 2014 Stock
Option Plan vest as to 25% annually and options granted under the 2004 Non-Employee Directors’ Stock Option Plan and the 2014 Non-Employee Director’s Stock
Option Plan vest as to one-third annually. Requisite service periods related to all plans begin on the grant date. As of March 31, 2019, there were 12,447 shares of
common stock available for future issuance under all of the plans, consisting of options available to be granted and options currently outstanding.
Table:
 | March 31, 2019 | 
 | Number of shares | Weighted-Average Grant Date Fair Value per Share
Non-vested at March 31, 2018 | 358 | $16.27
Granted | 315 | 15.28
Vested | (172) | 16.27
Cancelled and forfeited | (68) | 16.27
Non-vested at March 31, 2019 | 433 | $15.55


Question: What is the percentage change in the weighted average grant date fair value per share between 2018 and 2019?
Answer: -4.43
Calculation: (15.55-16.27)/16.27
Liquidity and Capital Resources
Working Capital
The following table summarizes our cash and cash equivalents, accounts receivable, net and working capital, for the periods indicated (in thousands):
We define working capital as current assets minus current liabilities. Our cash and cash equivalents as of December 31, 2019 are available for working capital purposes. We do not enter into investments for trading purposes, and our investment policy is to invest any excess cash in short term, highly liquid investments that limit the risk of principal loss; therefore, our cash and cash equivalents are held in demand deposit accounts that generate very low returns.
Table:
 |  | As of December 31, | 
 | 2019 | 2018 | 2017
Cash and cash equivalents | $119,629 | $146,061 | $96,329
Accounts receivable, net | 76,373 | 49,510 | 40,634
Working capital | 167,879 | 152,793 | 119,433


Question: What was the change in working capital between 2017 and 2018?
Answer: 33360
Calculation: 152,793-119,433
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 soft serve and pint-size containers.
Lifeway has determined that it has one reportable segment based on how our chief operating decision maker manages the business and in a manner consistent with the internal reporting provided to the chief operating decision maker. The chief operating decision maker, who is responsible for allocating resources and assessing our performance, has been identified collectively as the Chief Financial Officer, the Chief Operating Officer, the Chief Executive Officer, and Chairperson of the board of directors. Substantially all of our consolidated revenues relate to the sale of cultured dairy products that we produce using the same processes and materials and are sold to consumers through a common network of distributors and retailers in the United States.
Net sales of products by category were as follows for the years ended December 31:
(a) Includes Lifeway Kefir Shop sales
Significant Customers – Sales are predominately to companies in the retail food industry located within the United States. Two major customers accounted for approximately 22% and 21% of net sales for the years ended December 31, 2019 and 2018, respectively. Two major customers accounted for approximately 17% of accounts receivable as of December 31, 2019 and 2018. Our ten largest customers as a group accounted for approximately 57% and 59% of net sales for the years ended December 31, 2019 and 2018, respectively.
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: How many product categories are available?
Answer: 6
Calculation: Drinkable Kefir other than ProBugs ## Cheese ## Cream and other ## ProBugs Kefir ## Other dairy ## Frozen Kefir
b) Liquefaction services revenue:
The Hilli is moored in close proximity to the Customer’s gasfields, providing liquefaction service capacity over the term of the LTA. Liquefaction services revenue recognized comprises the following amounts:
(1) The LTA bills at a base rate in periods when the oil price is $60 or less per barrel (included in "Liquefaction services revenue" in the consolidated statements of income), and at an increased rate when the oil price is greater than $60 per barrel (recognized as a derivative and included in "Realized and unrealized gain on oil derivative instrument" in the consolidated statements of income, excluded from revenue and from the transaction price).
(2) Customer billing during the commissioning period, prior to vessel acceptance and commencement of the contract term, of $33.8 million is considered an upfront payment for services. These amounts billed were deferred (included in "Other current liabilities" and "Other non-current liabilities" in the consolidated balance sheets) and recognized as part of "Liquefaction services revenue" in the consolidated statements of income evenly over the contract term.
(3) The Day 1 gain was established when the oil derivative instrument was initially recognized in December 2017 for $79.6 million (recognized in "Other current liabilities" and "Other non-current liabilities" in the consolidated balance sheets). This amount is amortized and recognized as part of "Liquefaction services revenue" in the consolidated statements of income evenly over the contract term.
We expect to recognize liquefaction services revenue related to the partially unsatisfied performance obligation at the reporting date evenly over the remaining contract term of less than eight years, including the components of transaction price described above.
Table:
 | Year Ended December 31, | 
(in thousands of $) | 2019 | 2018
Base tolling fee (1) | 204,501 | 119,677
Amortization of deferred commissioning period revenue (2) | 4,220 | 2,467
Amortization of Day 1 gain (3) | 9,950 | 5,817
Other | (575) | (336)
Total | 218,096 | 127,625


Question: What was the percentage change in the total liquefaction services revenue between 2018 and 2019?
Answer: 70.89
Calculation: (218,096 - 127,625)/127,625