hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
2. Revenue
The Company is a global manufacturer of component and subsystem devices whose components are found in the primary end-markets of the aerospace, appliance, automotive, commercial vehicle, construction, consumer and industrial equipment, communications (including information processing and storage, networking equipment and wireless and terrestrial voice/data systems), medical, rail and other transportation industries. On April 29, 2018, the Company adopted ASC 606 along with the related amendments using a modified retrospective approach to all contracts open as of that date.
Upon adoption, the Company recognized a $0.1 million increase to opening retained earnings. This adjustment was a result of modifying the METHODE ELECTRONICS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS F-14 Company's revenue recognition pattern for highly customized goods with no alternative use to over time recognition instead of point in time and for deferring revenue related to material rights that we provide to our customers. The overall impact to the Company's financial statements was immaterial. The Company has modified its controls to address the risks present under ASC 606.
As the Company has adopted ASC 606 using the modified retrospective approach, prior periods have not been restated, and as such they are presented under ASC 605. The impact of the changes in accounting policy on fiscal 2019 is provided below.
Table:
 |  | Fiscal Year Ended April 27, 2019 | 
(Dollars in Millions) | As Reported | Adjustments | Balance Under ASC 605
Net Sales | $1,000.3 | $(24.2) | $1,024.5
Cost of Products Sold | $734.5 | $(24.2) | $758.7
Total Inventories | $116.7 | $(0.5) | $117.2
Contract Assets | $0.8 | $0.8 | $—
Contract Liabilities | $0.3 | $0.3 | $—
Retained Earnings | $545.2 | $0.1 | $545.1


Question: What percentage of net sales was retained earnings as reported?
Answer: 54.5
Calculation: 545.2 / 1,000.3
Cash Flows
The following table summarizes our cash flows for the periods indicated:
Operating Activities
Our primary source of cash from operating activities has been cash collections from our customers. We expect cash inflows from operating activities to be primarily affected by increases in total bookings. Our primary uses of cash from operating activities have been for domain registration costs paid to registries, software licensing fees related to third-party email and productivity solutions, personnel costs, discretionary marketing and advertising costs, technology and development costs and interest payments. We expect cash outflows from operating activities to be affected by the timing of payments we make to registries and increases in personnel and other operating costs as we continue to grow our business and increase our international presence.
Net cash provided by operating activities increased $163.6 million from $559.8 million in 2018 to $723.4 million in 2019, primarily driven by our bookings growth as well as increased interest income.
Investing Activities
Our investing activities primarily consist of strategic acquisitions and purchases of property and equipment to support the overall growth of our business and our increased international presence. We expect our investing cash flows to be affected by the timing of payments we make for capital expenditures and the strategic acquisition or other growth opportunities we decide to pursue.
Net cash used in investing activities decreased $119.5 million from $254.8 million in 2018 to $135.3 million in 2019, primarily due to a $106.9 million decrease in business acquisitions.
Financing Activities
Our financing activities primarily consist of long-term debt borrowings, the repayment of principal on long-term debt, stock option exercises and share repurchases.
Net cash from financing activities decreased $503.9 million from $47.0 million provided in 2018 to $456.9 million used in 2019, primarily resulting from $458.6 million of share repurchases in 2019, a $44.4 million increase in acquisition contingent consideration payments and $13.2 million of financing-related costs paid in 2019.
Table:
 | Year Ended December 31, |  | 
 | 2019 | 2018 | 2017
Net cash provided by operating activities | $723.4 | $559.8 | $475.6
Net cash used in investing activities | (135.3) | (254.8) | (1,570.1)
Net cash provided by (used in) financing activities | (456.9) | 47.0 | 1,107.5
Effect of exchange rate changes on cash and cash equivalents | (0.8) | (2.3) | 3.6
Net increase in cash and cash equivalents | $130.4 | $349.7 | $16.6


Question: Which year has the highest Net cash provided by operating activities?
Answer: 2019
Calculation: 723.4> 559.8> 475.6
Veradigm
Our Veradigm segment derives its revenue from the provision of data-driven clinical insights with actionable tools for clinical workflow, research, analytics and media. Its solutions, targeted at key healthcare stakeholders, help improve the quality, efficiency and value of healthcare delivery – from biopharma to health plans, healthcare providers and patients, and health technology partners, among others.
Year Ended December 31, 2019 Compared with the Year Ended December 31, 2018
Veradigm revenue increased during the year ended December 31, 2019 compared with the prior year comparable period due to an increase in organic sales. Gross profit and income from operations increased for during the year ended December 31, 2019 due to an increase in organic sales and cost reductions partially offset with headcount growth and hosting migration costs. The acquisition of Practice Fusion during the first quarter of 2018 also contributed to the increases.
Gross margin and operating margin decreased during the year ended December 31, 2019, compared with the prior year comparable period, primarily due to (i) an increase in hosting migration costs, (ii) costs associated with recent acquisitions, (iii) headcount growth and (iv) partially offset with other cost reductions.
Year Ended December 31, 2018 Compared with the Year Ended December 31, 2017
Veradigm revenue, gross profit, gross margin and income from operations increased during the year ended December 31, 2018 compared with the prior year comparable period primarily due to the acquisition of Practice Fusion during the first quarter of 2018. Operating margin decreased during 2018 primarily due to higher personnel costs related to incremental resources from the Practice Fusion acquisition and to support anticipated new hosting client golives.
Table:
 |  |  | Year Ended December 31, |  | 
(In thousands) | 2019 | 2018 | 2017 | 2019 % Change from 2018 | 2018 % Change from 2017
Revenue | $161,216 | $140,326 | $69,879 | 14.9% | 100.8%
Gross profit | $104,896 | $100,708 | $43,817 | 4.2% | 129.8%
Gross margin % | 65.1% | 71.8% | 62.7% |  | 
Income from operations | $43,996 | $43,641 | $23,816 | 0.8% | 83.2%
Operating margin % | 27.3% | 31.1% | 34.1% |  | 


Question: What led to increase in Veradigm revenue during the year ended December 31, 2019?
Answer: due to an increase in organic sales.
13. Loss per Share
The following data shows the amounts used in computing loss per share and the effect on earnings and the weighted average number of shares of dilutive potential common shares.
Basic earnings (loss) per share is computed as net income available to common shareholders divided by the weighted average basic shares outstanding. The outstanding shares used to calculate the weighted average basic shares excludes 300,437, 334,817 and 490,355 of restricted shares and performance shares at March 31, 2019, 2018 and 2017, respectively, as these shares were issued but were not vested and, therefore, not considered outstanding for purposes of computing basic earnings per share at the balance sheet dates.
Diluted earnings (loss) per share includes the effect of all potentially dilutive securities on earnings per share. We have stock options, stock-settled appreciation rights ("SSARs"), unvested restricted shares and unvested performance shares that are potentially dilutive securities. When a loss is reported, the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of sharebased compensation awards because doing so would be anti-dilutive.
In addition, when a net loss 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
Numerator: |  |  | 
Net loss | $(13,164) | $(8,350) | $(11,721)
Denominator: |  |  | 
Weighted average shares outstanding - basic and diluted | 23,037 | 22,801 | 22,615
Loss per share - basic and diluted: |  |  | 
Net loss per share-basic and diluted | $(0.57) | $(0.37) | $(0.52)
Anti-dilutive stock options, SSARs, restricted shares and performance shares | 1,433 | 756 | 1,004


Question: Which shares were used in calculating the diluted net loss per share?
Answer: basic weighted-average shares outstanding
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
Following the enactment of the 2017 Tax Cut and Jobs Act and the associated one-time transition tax, in general, repatriation of foreign earnings to the US can be completed with no incremental US Tax. However, there are limited other taxes that continue to apply such as foreign withholding and certain state taxes. The company records a deferred tax liability for the estimated foreign earnings and state tax cost associated with the undistributed foreign earnings that are not permanently reinvested.
The Tax Act also includes provisions for Global Intangible Low-Taxed Income (“GILTI”) wherein taxes on foreign income are imposed in excess of a deemed return on tangible assets of foreign corporations. We elected to recognize the tax on GILTI as an expense in the period the tax is incurred.
We recognize the financial statement benefit of a tax position when it is more-likely-than-not, based on its technical merits, that the position will be sustained upon examination. A tax position that meets the more-likely-than-not threshold is then measured to determine the amount of benefit to be recognized in the financial statements. As of December 31, 2019, we have approximately $5,016 of unrecognized tax benefits, which if recognized, would impact the effective tax rate. We do not anticipate any significant changes in our unrecognized tax benefits within the next 12 months.
A reconciliation of the beginning and ending unrecognized tax benefits is provided below:
Our continuing practice is to recognize interest and/or penalties related to unrecognized tax benefits as income tax expense. As of December 31, 2019, and 2018, $707 and $2,515, respectively, of interest and penalties were accrued.
We are subject to taxation in the U.S., various states, and in non-U.S. jurisdictions. Our U.S. income tax returns are primarily subject to examination from 2016 through 2018; however, U.S. tax authorities also have the ability to review prior tax years to the extent loss carryforwards and tax credit carryforwards are utilized. The open years for the non-U.S. tax returns range from 2008 through 2018 based on local statutes.
Table:
 | As of December 31, | 
 | 2019 | 2018
Balance at January 1 | $3,649 | $4,670
Increase related to current year tax positions | 2,834 | 55
(Decrease) increase related to prior year tax positions | (10) | 46
Decrease related to lapse in statute of limitation | (1,457) | (1,076)
Decrease related to settlements with taxing authorities | — | (46)
Balance at December 31 | $5,016 | $3,649


Question: What was the percentage change in Balance at December 31 between 2018 and 2019?
Answer: 37.46
Calculation: (5,016-3,649)/3,649
Transactions with Dell
VMware and Dell engaged in the following ongoing related party transactions, which resulted in revenue and receipts, and unearned revenue for VMware:
• Pursuant to OEM and reseller arrangements, Dell integrates or bundles VMware’s products and services with Dell’s products and sells them to end users. Dell also acts as a distributor, purchasing VMware’s standalone products and services for resale to end-user customers through VMwareauthorized resellers. Revenue under these arrangements is presented net of related marketing development funds and rebates paid to Dell. In addition, VMware provides professional services to end users based upon contractual agreements with Dell. • Dell purchases products and services from VMware for its internal use. • From time to time, VMware and Dell enter into agreements to collaborate on technology projects, and Dell pays VMware for services or reimburses VMware for costs incurred by VMware, in connection with such projects.
Dell purchases VMware products and services directly from VMware, as well as through VMware’s channel partners. Information about VMware’s
revenue and receipts, and unearned revenue from such arrangements, for the periods presented consisted of the following (table in millions):
Customer deposits resulting from transactions with Dell were $194 million and $85 million as of January 31, 2020 and February 1, 2019, respectively
Table:
 |  | Revenue and Receipts |  | Unearned Revenue | 
 |  | For the Year Ended |  | As of | 
 | January 31, 2020 | February 1, 2019 | February 2, 2018 | January 31, 2020 | February 1, 2019
Reseller revenue | $3,288 | $2,355 | $1,464 | $3,787 | $2,554
Internal-use revenue | 82 | 41 | 46 | 57 | 29
Collaborative technology project receipts | 10 | 4 | — | n/a | n/a


Question: What were the customer deposits resulting from transactions with Dell in 2020?
Answer: $194 million
8. Goodwill
The changes in the carrying amount of goodwill by operating segment are as follows (amounts in millions):
At December 31, 2019, 2018, and 2017, there were no accumulated impairment losses.
Table:
 | Activision | Blizzard | King | Total
Balance at December 31, 2017 | $6,898 | $190 | $2,675 | $9,763
Other | (1) | — | — | (1)
Balance at December 31, 2018 | $6,897 | $190 | $2,675 | $9,762
Other | 1 | — | 1 | 2
Balance at December 31, 2019 | $6,898 | $190 | $2,676 | $9,764


Question: What was the balance in the carrying amount of goodwill by King in 2018?
Answer: $2,675
30. Financial instruments and financial risk management
The main purpose of the Group’s financial instruments, other than trade and other receivables, trade and other payables, contractual provisions and lease liabilities, is to fund the Group’s liquidity requirements.
All of the Group’s financial assets and liabilities are categorised as financial assets/liabilities stated at amortised cost, except for forward foreign currency exchange contracts, included within current other financial assets, that are designated as financial assets at fair value through profit or loss and corporate owned life insurance, amounting to $3.0 million (2018 $2.4 million), included within non-current trade and other receivables, that is designated as financial assets at fair value through profit or loss. These are shown in the below table:
The Group enters into derivative transactions, forward foreign currency exchange contracts, for the management of the Group’s foreign currency exposures when deemed appropriate.
The key objective of the Group’s treasury department is to manage the financial risks of the business and to ensure that sufficient liquidity is available to the Group. All treasury activity operates within a formal control framework. The Board has approved treasury policies and guidelines and periodically reviews treasury activities. Additionally, it is the Group’s policy that speculative treasury transactions are expressly forbidden.
Table:
 |  | 2019 | 2018
 | Notes | $ million | $ million
Non-current trade and other receivables | 20 | 5.7 | 3.5
Cash and cash equivalents | 22 | 183.2 | 121.6
Current trade and other receivables | 20 | 133.2 | 126.9
Current other financial assets | 20 | 0.1 | –
Financial assets |  | 322.2 | 252.0
Non-current other payables, excluding government grants | 23 | 0.8 | 4.4
Current trade payables, other payables and accruals | 23 | 75.4 | 57.1
Lease liabilities, current and non-current | 26 | 33.0 | –
Contractual provisions | 28 | 3.6 | 3.6
Financial liabilities |  | 112.8 | 65.1


Question: What was the change in Non-current trade and other receivables?
Answer: 2.2
Calculation: 5.7-3.5
18 . allowance for credit losses .

Table:
in millions of dollars | 2009 | 2008 ( 1 ) | 2007 ( 1 )
allowance for loan losses at beginning of year | $ 29616 | $ 16117 | $ 8940
gross credit losses | -32784 ( 32784 ) | -20760 ( 20760 ) | -11864 ( 11864 )
gross recoveries | 2043 | 1749 | 1938
net credit ( losses ) recoveries ( ncls ) | $ -30741 ( 30741 ) | $ -19011 ( 19011 ) | $ -9926 ( 9926 )
ncls | $ 30741 | $ 19011 | $ 9926
net reserve builds ( releases ) | 5741 | 11297 | 6550
net specific reserve builds ( releases ) | 2278 | 3366 | 356
total provision for credit losses | $ 38760 | $ 33674 | $ 16832
other net ( 2 ) | -1602 ( 1602 ) | -1164 ( 1164 ) | 271
allowance for loan losses at end of year | $ 36033 | $ 29616 | $ 16117
allowance for credit losses on unfunded lending commitments at beginning of year ( 3 ) | $ 887 | $ 1250 | $ 1100
provision for unfunded lending commitments | 244 | -363 ( 363 ) | 150
allowance for credit losses on unfunded lending commitments at end of year ( 3 ) | $ 1157 | $ 887 | $ 1250
total allowance for loans leases and unfunded lending commitments | $ 37190 | $ 30503 | $ 17367
( 1 ) reclassified to conform to the current period 2019s presentation .
( 2 ) 2009 primarily includes reductions to the loan loss reserve of approximately $ 543 million related to securitizations , approximately $ 402 million related to the sale or transfers to held-for-sale of u.s .
real estate lending loans , and $ 562 million related to the transfer of the u.k .
cards portfolio to held-for-sale .
2008 primarily includes reductions to the loan loss reserve of approximately $ 800 million related to fx translation , $ 102 million related to securitizations , $ 244 million for the sale of the german retail banking operation , $ 156 million for the sale of citicapital , partially offset by additions of $ 106 million related to the cuscatl e1n and bank of overseas chinese acquisitions .
2007 primarily includes reductions to the loan loss reserve of $ 475 million related to securitizations and transfers to loans held-for-sale , and reductions of $ 83 million related to the transfer of the u.k .
citifinancial portfolio to held-for-sale , offset by additions of $ 610 million related to the acquisitions of egg , nikko cordial , grupo cuscatl e1n and grupo financiero uno .
( 3 ) represents additional credit loss reserves for unfunded corporate lending commitments and letters of credit recorded in other liabilities on the consolidated balance sheet. .

Question: what was the percentage change in the allowance for loan losses from 2008 to 2009?
Answer: 84%
Calculation: subtract(29616, 16117), divide(#0, 16117)
The significant components of the Company’s deferred tax liabilities and assets follow:
(1) Includes deferred tax liabilities related to finance lease right-of-use assets totaling $6,190 and $0 at December 31, 2019 and 2018, respectively.
As of December 31, 2019, the Company had U.S. federal net operating loss carryforwards of $213,800 which are available to reduce future taxes, if any. The federal net operating loss carryforwards begin to expire in 2034. Additionally, as of December 31, 2019, the Company had U.S. state net operating loss carryforwards of $445,936.
This includes net operating losses previously unrecorded due to minimal projected income in those jurisdictions. These U.S. state net operating loss carryforwards expire in various years ending from December 31, 2019 through December 31, 2035. Included in the financing and professional fees deferred income assets above are U.S. federal interest expense deductions with an indefinite carryforward period.
There was a change of control in the Company during 2014 that limited the annual usage of pre-ownership change net operating losses. All pre-ownership change net operating losses were fully utilized in 2019.
The Company assessed all available positive and negative evidence to determine whether sufficient future taxable income will be generated to permit use of existing deferred tax assets. For U.S. federal deferred tax assets, the Company concluded that sufficient positive evidence existed, primarily the result of reversing deferred tax liabilities during the carryover period.
However, for certain state deferred tax assets, the negative evidence has outweighed the positive evidence which has resulted in the Company establishing a valuation allowance of $20,952 and $10,961 as of December 31, 2019 and 2018, respectively, to recognize only the portion of the deferred tax asset that is more likely than not to be realized.
During the years ended December 31, 2019 and 2018, the Company paid (net of refunds received) $1,293 and $1,313, respectively, of income taxes.
Table:
 | December 31, | 
 | 2019 | 2018
Deferred tax liabilities:   |  | 
Vessels and other property (1) | $128,026 | $128,226
Prepaid expenditures | 5,621 | 7,108
Operating lease right-of-use assets | 72,298 | —
Other-net | 2 | 4
Total deferred tax liabilities | 205,947 | 135,338
Deferred tax assets: |  | 
Loss carryforwards | 68,917 | 66,737
Operating lease liability | 71,779 | —
Finance lease liability | 6,333 | —
Employee compensation and benefit plans | 3,869 | 4,287
Financing and professional fees | 2,003 | 1,859
Accrued expenses and other | 1,165 | 51
Total deferred tax assets | 154,066 | 72,934
Valuation allowance | 20,952 | 10,961
Net deferred tax assets | 133,114 | 61,973
Net deferred tax liabilities | $72,833 | $73,365


Question: What is the average Net deferred tax liabilities for December 31, 2018 to 2019?
Answer: 73099
Calculation: (72,833+73,365) / 2
Share Repurchase
In September 2015, our Board of Directors authorized a program to repurchase up to $150.0 million of our common stock over a thirty-month period. In November 2017, our Board of Directors approved an extension of the share repurchase program to December 2019 from its original maturity of March 2018. In May 2018, our Board of Directors approved a $50 million increase in its authorization to repurchase shares of our common stock under this same program.
On December 18, 2019, the Board of Directors authorized to remove the expiration date to the Company’s share repurchase program and increase the authorized amount by $25.1 million. As of December 31, 2019, the Company is authorized to repurchase shares of the Company’s common stock of up to a total of $50.0 million.
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
In order to execute the repurchase of shares of our common stock, the Company periodically enters into stock repurchase agreements. During the years ended December 31, 2019, 2018 and 2017 the Company has repurchased the following shares of common stock:
Table:
 |  | Years Ended December 31, | 
(in thousands, except per share amounts) | 2019 | 2018 | 2017
Amount paid to repurchase shares | $  — | $95,125 | $29,993
Number of shares repurchased | — | 1,696 | 422
Average repurchase price per share | $  — | $56.07 | $71.07


Question: What was the number of shares repurchased in 2017?
Answer: 422