hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
18. Commitments
The Group leases various offices in locations such as Amsterdam, the Netherlands; the San Francisco Bay Area, California, New York, New York, Austin, Texas, and Boston, Massachusetts, United States; Sydney, Australia; Manila, the Philippines; Bengaluru, India; Yokohama, Japan; and Ankara, Turkey under non-cancellable operating leases expiring within one to nine years. The leases have varying terms, escalation clauses and renewal rights. On renewal, the terms of the leases are renegotiated. The Group incurred rent expense on its operating leases of $38.6 million, $23.6 million, and $12.2 million during the fiscal years ended 2019, 2018 and 2017, respectively.
Additionally, the Group has a contractual commitment for services with third-parties related to its cloud services platform and data centers. These commitments are non-cancellable and expire within two to four years.
Commitments for minimum lease payments in relation to non-cancellable operating leases and purchase obligations as of June 30, 2019 were as follows:
Table:
 | Operating Leases | Other Contractual Commitments | Total
 |  | (U.S. $ in thousands) | 
Fiscal Period: |  |  | 
Year ending 2020 | $38,790 | $108,978 | $147,768
Years ending 2021 - 2024 | 148,021 | 219,342 | 367,363
Thereafter | 144,037 | — | 144,037
Total commitments | $330,848 | $328,320 | 659,168


Question: What is the difference in the total commitments between that of operating leases and other contractual commitments?
Answer: 2528
Calculation: 330,848-328,320
Share Based Compensation Expense
Share-based compensation expense recognized in the financial statements by line item caption is as follows (in thousands):
The amount of share-based compensation expense capitalized in inventory has been immaterial for each of the periods presented.
Table:
 |  | Year Ended | 
 | June 30,
2019 | June 30,
2018 | June 30,
2017
Cost of product revenue  | $844 | $564 | $333
Cost of service revenue | 1,639 | 1,131 | 589
Research and development   | 10,443 | 7,642 | 3,312
Sales and marketing   | 11,747 | 9,843 | 4,253
General and administrative   | 8,224 | 8,453 | 4,146
Total share-based compensation expense  | $32,897 | $27,633 | $12,633


Question: What was the cost of product revenue in 2017?
Answer: 333
stock performance graph comcast the graph below compares the yearly percentage change in the cumulative total shareholder return on comcast 2019s class a common stock during the five years ended december 31 , 2015 with the cumulative total returns on the standard & poor 2019s 500 stock index and with a select peer group consisting of us and other companies engaged in the cable , communications and media industries . this peer group consists of us , as well as cablevision systems corporation ( class a ) , dish network corporation ( class a ) , directv inc . ( included through july 24 , 2015 , the date of acquisition by at&t corp. ) and time warner cable inc . ( the 201ccable subgroup 201d ) , and time warner inc. , walt disney company , viacom inc . ( class b ) , twenty-first century fox , inc . ( class a ) , and cbs corporation ( class b ) ( the 201cmedia subgroup 201d ) . the peer group was constructed as a composite peer group in which the cable subgroup is weighted 63% ( 63 % ) and the media subgroup is weighted 37% ( 37 % ) based on the respective revenue of our cable communications and nbcuniversal segments . the graph assumes $ 100 was invested on december 31 , 2010 in our class a common stock and in each of the following indices and assumes the reinvestment of dividends . comparison of 5 year cumulative total return 12/1412/1312/1212/10 12/15 comcast class a s&p 500 peer group index .

Table:
 | 2011 | 2012 | 2013 | 2014 | 2015
comcast class a | $ 110 | $ 177 | $ 250 | $ 282 | $ 279
s&p 500 stock index | $ 102 | $ 118 | $ 156 | $ 177 | $ 180
peer group index | $ 110 | $ 157 | $ 231 | $ 267 | $ 265
nbcuniversal nbcuniversal is a wholly owned subsidiary of nbcuniversal holdings and there is no market for its equity securities .
39 comcast 2015 annual report on form 10-k .

Question: what was the ratio of the 5 year cumulative return in 2015 for the performance of comcast class a compared to the s&p 500 stock index
Answer: 1.55
Calculation: divide(279, 180)
H. Net Income Per Share
Basic net income per share is computed by dividing net income by the weighted-average number of common stock outstanding during the period. Diluted net income per share is computed by dividing net income by the weighted-average number of common stock outstanding and potentially dilutive securities outstanding during the period, as calculated using the treasury stock method. Potentially dilutive securities primarily include unvested restricted stock units (“RSUs”), including PSU awards, and stock options, including purchase options under VMware’s employee stock purchase plan, which included Pivotal’s employee stock purchase plan through the date of acquisition. Securities are excluded from the computation of diluted net income per share if their effect would be anti-dilutive. VMware uses the two-class method to calculate net income per share as both classes share the same rights in dividends; therefore, basic and diluted earnings per share are the same for both classes.
The following table sets forth the computations of basic and diluted net income per share during the periods presented (table in millions, except per share amounts and shares in thousands):
Table:
 |  | For the Year Ended | 
 | January 31, 2020 | February 1, 2019 | February 2, 2018
Net income attributable to VMware, Inc. | $6,412 | $1,650 | $437
Weighted-average shares, basic for Classes A and B | 417,058 | 413,769 | 410,315
Effect of other dilutive securities | 8,177 | 7,362 | 10,572
Weighted-average shares, diluted for Classes A and B | 425,235 | 421,131 | 420,887
Net income per weighted-average share attributable to VMware, Inc. common stockholders, basic for Classes A and B | $15.37 | $3.99 | $1.07
Net income per weighted-average share attributable to VMware, Inc. common stockholders, diluted for Classes A and B | $15.08 | $3.92 | $1.04


Question: What was the percentage change in the Net income attributable to VMware, Inc. between 2019 and 2020?
Answer: 288.61
Calculation: (6,412-1,650)/1,650
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 8 — Costs Associated with Exit and Restructuring Activities
2016 Plan
In June 2016, we announced plans to restructure operations by phasing out production at our Elkhart, IN facility and transitioning it into a research and development center supporting our global operations ("June 2016 Plan"). Additional organizational changes were also implemented in various other locations. In 2017, we revised this plan to include an additional $1,100 in planned costs related to the relocation of our corporate headquarters in Lisle, IL and our plant in Bolingbrook, IL, both of which have now been consolidated into a single facility. Restructuring charges under this plan, which is substantially complete, were $4,284, $4,559, and $4,139 during the years ended December 31, 2019, 2018, and 2017, respectively. The total restructuring liability related to the June 2016 Plan was $233 and $668 at December 31, 2019 and 2018, respectively. Any additional costs related to line movements, equipment charges, and other costs will be expensed as incurred.
The following table displays the restructuring charges associated with the June 2016 Plan as well as a summary of the actual costs incurred through December 31, 2019:
(1) Other charges include the effects of currency translation, travel, legal and other charges.
Table:
June 2016 Plan | Planned Costs | Actual costs incurred through December 31, 2019
Workforce reduction | $3,075 | $3,340
Building and equipment relocation | 9,025 | 10,534
Asset impairment charge | — | 1,168
Other charges (1) | 1,300 | 988
Restructuring charges | $13,400 | $16,030


Question: What was the difference between the planned costs and actual costs incurred for total Restructuring Charges?
Answer: 2630
Calculation: 16,030-13,400
Warranty Reserves
We provide warranties on the majority of our product sales and reserves for estimated warranty costs are recorded during the period of sale. The determination of such reserves requires us to make estimates of product return rates and expected costs to repair or replace the products under warranty. We currently establish warranty reserves based on historical warranty costs for each product line. The weighted average warranty period covered is approximately 15 to 18 months. If actual return rates and/or repair and replacement costs differ significantly from our estimates, adjustments to cost of sales may be required in future periods.
Components of the reserve for warranty costs during fiscal 2019, 2018 and 2017 were as follows (in thousands):
Table:
 |  | Fiscal | 
 | 2019 | 2018 | 2017
Beginning balance | $40,220 | $36,149 | $15,949
Additions related to current period sales | 52,271 | 58,865 | 41,365
Warranty costs incurred in the current period | (54,538) | (51,935) | (31,825)
Accruals resulting from acquisitions | 21 | 179 | 14,314
Adjustments to accruals related to foreign exchange and other | (1,514) | (3,038) | (3,654)
Ending balance | $36,460 | $40,220 | $36,149


Question: What does the determination of such reserves require the company to make?
Answer: make estimates of product return rates and expected costs to repair or replace the products under warranty. We currently establish warranty reserves based on historical warranty costs for each product line
Audit and Non-Audit Fees
The following table presents fees billed for professional audit services rendered by PricewaterhouseCoopers LLP for the audit of the Company’s annual financial statements for the years ended June 29, 2019 and June 30, 2018 respectively, and fees billed for other services rendered by PricewaterhouseCoopers LLP and during those periods.
(1) Audit Fees are related to professional services rendered in connection with the audit of the Company’s annual financial statements, the audit of internal control over financial reporting in accordance with Section 404 of the Sarbanes-Oxley Act of 2002, reviews of financial statements included in the Company’s Quarterly Reports on Form 10-Q, and audit services provided in connection with other statutory and regulatory filings. Audit Fees in fiscal 2019 include fees for services performed by PricewaterhouseCoopers LLP in connection with the acquisitions of RPC Photonics, Inc. (“RPC”) and 3Z Telecom, Inc. (“3Z”). Audit Fees in fiscal 2018 include fees for the acquisitions of the AvComm and Wireless businesses of Cobham plc (“AW”) and Trilithic Inc. (“Trilithic”).
(2) Audit-Related Fees are related to due diligence services for our acquisition activities incurred in fiscal 2018.
(3) Tax Fees for fiscal 2019 and 2018 include professional services rendered in connection with transfer pricing consulting, tax audits, planning services and other tax consulting.
(4) All Other Fees are related to certain software subscription fees.
For fiscal year 2019, the Audit Committee considered whether audit-related services and services other than audit-related services provided by PricewaterhouseCoopers LLP are compatible with maintaining the independence of PricewaterhouseCoopers LLP and concluded that the independence of PricewaterhouseCoopers LLP was maintained.
Table:
 | Fiscal 2019 | Fiscal 2018
Audit Fees (1) | $3,631,575 | $3,784,488
Audit-Related Fees (2) | 0 | 359,000
Tax Fees (3) | 169,776 | 61,592
All Other Fees (4) | 4,500 | 3,600
Total | $3,805,851 | $4,208,680


Question: What is the change in All Other Fees as a percentage between 2018 and 2019?
Answer: 25
Calculation: (4,500-3,600)/3,600
Net Revenues by Geographic Region
The following table details our consolidated net revenues by geographic region (amounts in millions):
(1) “EMEA” consists of the Europe, Middle East, and Africa geographic regions
Americas
The decrease in net revenues in the Americas region for 2019, as compared to 2018, was primarily due to lower revenues recognized from the Destiny franchise (reflecting our sale of the publishing rights for Destiny to Bungie in December 2018).
EMEA
The decrease in net revenues in the EMEA region for 2019, as compared to 2018, was primarily due to:
lower revenues recognized from the Destiny franchise; and lower revenues recognized from Call of Duty: Black Ops 4, which was released in October 2018, as compared to Call of Duty: WWII, which was released in November 2017.
Asia Pacific
The decrease in net revenues in the Asia Pacific region for 2019, as compared to 2018, was primarily due to:
lower revenues recognized from Hearthstone, primarily due to the prior year including additional digital content delivered in connection with the renewal of our contract with NetEase, Inc. in December 2018, with no equivalent transaction for the franchise in 2019; and lower revenues recognized from the Destiny franchise.
The decrease was partially offset by:• revenues recognized from Crash Team Racing Nitro-Fueled, which was released in June 2019; • revenues from Sekiro: Shadows Die Twice, which was released in March 2019; and • higher revenues recognized from Call of Duty: Modern Warfare, which was released in October 2019, as compared to Call of Duty: Black Ops 4.
Table:
 |  |  |  | 
 | 2019 | 2018 | Increase/ (decrease) | % Change
Net revenues by geographic region: |  |  |  | 
Americas | $3,341 | $3,880 | $(539) | (14)%
EMEA (1) | 2,239 | 2,618 | (379) | (14)
Asia Pacific | 909 | 1,002 | (93) | (9)
Consolidated net revenues | $6,489 | $7,500 | $(1,011) | (13)


Question: What does 'EMEA' consist of?
Answer: the Europe, Middle East, and Africa geographic regions
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
The final fair values of the assets acquired and liabilities assumed from our acquisitions in 2018 are as follows:
Table:
 | Trek | Electrostatic Product Line | LumaSense | Total
Accounts and other receivable, net | $ 2,818 | $  77 | $  7,167 | $ 10,062
Inventories | 3,941 | 292 | 9,372 | 13,605
Property and equipment | 594 | 50 | 1,353 | 1,997
Goodwill | — | 1,220 | 36,258 | 37,478
Intangible assets | 788 | 1,400 | 43,240 | 45,428
Deferred income tax assets | 606 | — | 6,331 | 6,937
Other assets | 854 | — | 6,004 | 6,858
Total assets acquired | 9,601 | 3,039 | 109,725 | 122,365
Accounts payable | 747 | 39 | 5,734 | 6,520
Deferred income tax liabilities | — | — | 11,699 | 11,699
Other liabilities | 2,782 | — | 7,608 | 10,390
Total liabilities assumed | 3,529 | 39 | 25,041 | 28,609
Total fair value of net assets acquired | $ 6,072 | $  3,000 | $  84,684 | $ 93,756


Question: What was the fair value of  Property and equipment from LumaSense?
Answer: 1,353
The Company estimates the fair values of stock options using the Black-Scholes option-pricing model on the date of grant.For the years ended December 31, 2019 and 2018, the assumptions used in the Black-Scholes option pricing model, which was used to estimate the grant date fair value per option, were as follows:
The risk-free interest rate is the United States Treasury rate for the day of the grant having a term equal to the life of the equity instrument. The volatility is a measure of the amount by which the Company’s share price has fluctuated or is expected to fluctuate; the Company used its common stock volatility along with the average of historic volatilities of comparative companies. The dividend yield is zero as the Company has not made any dividend payment and has no plans to pay dividends in the foreseeable future. The Company determines the expected term of its stock option awards by using the simplified method, which assumes each vesting tranche of the award has a term equal to average of the contractual term and the vesting period.
As of December 31, 2019, total compensation cost not yet recognized related to unvested stock options was approximately $0.8 million, which is expected to be recognized over a weighted-average period of 2.3 years.
Table:
 | 2019 | 2018
 | Employee Grants | Employee Grants
Weighted-average Black-Scholes option pricing model assumptions: |  | 
Volatility | 73.01% | 82.00%
Expected term (in years) | 6 | 6
Risk-free rate | 2.22% | 2.24%
Expected dividend yield | 0.0% | 0.0%
Weighted average grant date fair value per share | $2.10 | $2.22


Question: What are the respective risk-free rate of the 2018 and 2019 employee grants?
Answer: 2.24%, 2.22%
Income (Loss) Before Income Taxes
(1) Included in Corporate and Other are the following: contingent consideration adjustments, investment impairment, pension and postretirement plans actuarial (gains) and losses, interest (income) and expense, net foreign exchange (gains) and losses, intercompany eliminations and acquisition related charges.
The increase in income before income taxes in Semiconductor Test from 2018 to 2019 was driven primarily by an increase in semiconductor tester sales for 5G infrastructure and image sensors, partially offset by a decrease in sales in the automotive and analog test segments. The increase in income before income taxes in System Test from 2018 to 2019 was primarily due to higher sales in Storage Test of 3.5” hard disk drive testers, higher sales in Defense/Aerospace test instrumentation and systems, and higher sales in Production Board Test from higher 5G demand. The increase in income before income taxes in Wireless Test from 2018 to 2019 was primarily due to higher demand for millimeter wave and cellular test products driven by new wireless standards and 5G partially offset by lower sales in connectivity test products and services. The decrease in income before income taxes in Industrial Automation from 2018 to 2019 was due primarily to higher sales and marketing, and engineering spending.
Table:
 | 2019 | 2018 | 2018-2019 Change
 |  | (in millions) | 
Semiconductor Test | $417.0 | $397.6 | $19.4
System Test | 93.5 | 48.9 | 44.6
Wireless Test | 35.6 | 29.1 | 6.5
Industrial Automation | (5.9) | 7.7 | (13.6)
Corporate and Other (1) | (14.4) | (15.4) | 1.0
 | $525.8 | $467.8 | $58.0


Question: What was the percentage change in System Test in 2019 from 2018?
Answer: 91.21
Calculation: (93.5-48.9)/48.9
Revenue
Revenue was $5,517.9 million and $5,878.3 million for 2019 and 2018, respectively. The decrease of $360.4 million, or 6.1% was primarily attributable to an 8.2%, 4.8% and 1.5% decrease in revenue in PSG, ASG and ISG, respectively, which is further explained below. Revenue by reportable segment for each were as follows (dollars in millions):
(1) Certain of the amounts may not total due to rounding of individual amounts.
Revenue from PSG
Revenue from PSG decreased by $249.9 million, or approximately 8%, which was due to a combination of a decrease in volume of products sold and a competitive pricing environment. The revenue in our Protection and Signal Division, Integrated Circuits Division, and High Power Division, decreased by $106.5 million, $96.6 million and $91.5 million, respectively. This was partially offset by an increase in revenue of $30.1 million and $15.0 million from our Foundry Services and Power Mosfet Division, respectively.
Revenue from ASG
Revenue from ASG decreased by $98.9 million, or approximately 5%, which was also due to a combination of a decrease in volume of products sold and a competitive pricing environment. The revenue in our Industrial and Offline Power Division and our Signal Processing, Wireless and Medical Division, decreased by $100.5 million and $56.4 million, respectively. This was partially offset by $84.8 million of revenue from Quantenna, which was acquired during 2019.
Revenue from ISG
Revenue from ISG decreased by $11.6 million, or 1.5%, which was due to a decrease in our Industrial Sensing Division revenue of $20.8 million, primarily due to decreased demand, which was partially offset by an increase in revenue in other divisions.
Table:
 | 2019 | As a % of Revenue (1) | 2018 | As a % of Revenue (1)
PSG | $ 2,788.3 | 50.5 % | $ 3,038.2 | 51.7 %
ASG | 1,972.3 | 35.7 % | 2,071.2 | 35.2 %
ISG | 757.3 | 13.7 % | 768.9 | 13.1 %
Total revenue | $ 5,517.9 |  | $ 5,878.3 | 


Question: What led to the decrease in Revenue from PSG?
Answer: due to a combination of a decrease in volume of products sold and a competitive pricing environment.
NOTE 7 – LEASING
TORM has leases for the office buildings, some vehicles and other administrative equipment. With the exception of short-term leases and leases of low-value assets, each lease is reflected on the balance sheet as a right-of-use asset with a corresponding lease liability. The right-of-use assets are included in the financial statement line item in which the corresponding underlying assets would be presented if they were owned. Please refer to note 6.
As of 31 December 2019, TORM had recognized the following right-of-use assets:
Table:
USDm | Vessels and capitalized dry-docking | Land and buildings | Other plant and operating equipment
Cost: |  |  | 
Balance as of 1 January | 43.3 | - | -
Adjustment on transition to IFRS 16 | - | 9.9 | 0.3
Additions | 1.8 | 0.5 | 0.4
Disposals | -2.7 | - | -0.1
Balance as of 31 December | 42.4 | 10.4 | 0.6
Depreciation: |  |  | 
Balance as of 1 January | 13.4 | - | -
Disposals | -2.7 | - | -
Depreciation for the year | 4.8 | 2.3 | 0.2
Balance as of 31 December | 15.5 | 2.3 | 0.2
Carrying amount as of 31 December | 26.9 | 8.1 | 0.4


Question: What does TORM have leases for?
Answer: the office buildings, some vehicles and other administrative equipment.
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts) ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
The following table presents our net sales by extended warranty and service contracts recognized over time and our product and service revenue recognized at a point in time:
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Product and service revenue recognized at point in time | $786,918 | $715,055 | $667,440
Extended warranty and service contracts recognized over time | 2,030 | 3,837 | 3,572
Total | $788,948 | $718,892 | $671,012


Question: What was the change in Product and service revenue recognized at point in time between 2018 and 2019?
Answer: 71863
Calculation: $786,918-$715,055
Net Revenues by Platform
The following tables detail our net revenues by platform (amounts in millions):
(1) Net revenues from “Mobile and ancillary” include revenues from mobile devices, as well as non-platform-specific game-related revenues, such as standalone sales of toys and accessories.
(2) Net revenues from “Other” primarily includes revenues from our Distribution business and the Overwatch League.
Console
The decrease in net revenues from console for 2019, as compared to 2018, was primarily due to:
lower revenues recognized from the Destiny franchise (reflecting our sale of the publishing rights for Destiny to Bungie in December 2018); and lower revenues recognized from Call of Duty franchise catalog titles.
The decrease was partially offset by revenues recognized from Crash Team Racing Nitro-Fueled, which was released in June 2019.
PC
The decrease in net revenues from PC for 2019, as compared to 2018, was primarily due to:
lower revenues recognized from the Destiny franchise; and lower revenues recognized from Hearthstone.
Mobile and Ancillary
The increase in net revenues from mobile and ancillary for 2019, as compared to 2018, was primarily due to revenues recognized from Call of Duty: Mobile, which was released in October 2019.
Table:
 |  | For the Years | Ended December 31, | 
 | 2019 | 2018 | Increase/ (decrease) | % Change
Net revenues by platform: |  |  |  | 
Console | $1,920 | $2,538 | $(618) | (24)%
PC | 1,718 | 2,180 | (462) | (21)
Mobile and ancillary (1) | 2,203 | 2,175 | 28 | 1
Other (2) | 648 | 607 | 41 | 7
Total consolidated net revenues | $6,489 | $7,500 | $(1,011) | (13)


Question: What is the percentage of total consolidated net revenues in 2019 that consists of net revenue from PC?
Answer: 26.48
Calculation: ($1,718/$6,489)