hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
other long term debt in december 2012 , the company entered into a $ 50.0 million recourse loan collateralized by the land , buildings and tenant improvements comprising the company 2019s corporate headquarters . the loan has a seven year term and maturity date of december 2019 . the loan bears interest at one month libor plus a margin of 1.50% ( 1.50 % ) , and allows for prepayment without penalty . the loan includes covenants and events of default substantially consistent with the company 2019s credit agreement discussed above . the loan also requires prior approval of the lender for certain matters related to the property , including transfers of any interest in the property . as of december 31 , 2017 and 2016 , the outstanding balance on the loan was $ 40.0 million and $ 42.0 million , respectively . the weighted average interest rate on the loan was 2.5% ( 2.5 % ) and 2.0% ( 2.0 % ) for the years ended december 31 , 2017 and 2016 , respectively . the following are the scheduled maturities of long term debt as of december 31 , 2017 : ( in thousands ) .

Table:
2018 | $ 27000
2019 | 63000
2020 | 25000
2021 | 86250
2022 | 2014
2023 and thereafter | 600000
total scheduled maturities of long term debt | $ 801250
current maturities of long term debt | $ 27000
interest expense , net was $ 34.5 million , $ 26.4 million , and $ 14.6 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively .
interest expense includes the amortization of deferred financing costs , bank fees , capital and built-to-suit lease interest and interest expense under the credit and other long term debt facilities .
amortization of deferred financing costs was $ 1.3 million , $ 1.2 million , and $ 0.8 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively .
the company monitors the financial health and stability of its lenders under the credit and other long term debt facilities , however during any period of significant instability in the credit markets lenders could be negatively impacted in their ability to perform under these facilities .
7 .
commitments and contingencies obligations under operating leases the company leases warehouse space , office facilities , space for its brand and factory house stores and certain equipment under non-cancelable operating leases .
the leases expire at various dates through 2033 , excluding extensions at the company 2019s option , and include provisions for rental adjustments .
the table below includes executed lease agreements for brand and factory house stores that the company did not yet occupy as of december 31 , 2017 and does not include contingent rent the company may incur at its stores based on future sales above a specified minimum or payments made for maintenance , insurance and real estate taxes .
the following is a schedule of future minimum lease payments for non-cancelable real property operating leases as of december 31 , 2017 as well as .

Question: what was the percentage change in interest expense net from 2016 to 2017?
Answer: 31%
Calculation: subtract(34.5, 26.4), divide(#0, 26.4)
5. Goodwill and Purchased Intangible Assets
(a) Goodwill
The following tables present the goodwill allocated to our reportable segments as of July 27, 2019 and July 28, 2018, as well as the changes to goodwill during fiscal 2019 and 2018 (in millions):
“Other” in the tables above primarily consists of foreign currency translation as well as immaterial purchase accounting adjustments.
Table:
 | Balance at July 28, 2018 | Acquisitions & Divestitures | Other | Balance at July 27, 2019
Americas | $19,998 | $1,240 | $(118) | $21,120
EMEA | 7,529 | 486 | (38) | 7,977
APJC | 4,179 | 274 | (21) | 4,432
Total | $31,706 | $2,000 | $(177) | $33,529


Question: What was the percentage change in the total balance between 2018 and 2019?
Answer: 5.75
Calculation: (33,529-31,706)/31,706
Note 13 – Income Taxes
A summary of the components of the expense (benefit) for income taxes for the years ended December 31, 2019, 2018 and 2017 is as follows:
Table:
(In thousands) | 2019 | 2018 | 2017
Current |  |  | 
Federal | $(518) | $(8,001) | $466
State | (1,065) | (476) | (150)
International | (282) | 11,705 | 6,458
Total Current | (1,865) | 3,228 | 6,774
Deferred |  |  | 
Federal | 24,801 | (14,448) | 8,024
State | 5,815 | (3,390) | 1,882
International | (546) | 581 | 4,167
Total Deferred | 30,070 | (17,257) | 14,073
Total Income Tax Expense (Benefit) | $28,205 | $(14,029) | $20,847


Question: What is the percentage change in total income tax expense (benefit) between 2018 and 2019?
Answer: -301.05
Calculation: ($28,205-(-$14,029))/-$14,029
Unrecognized Tax Benefits
Activity related to unrecognized tax benefits is as follows (in thousands):
During the year ended July 31, 2019, the Company’s unrecognized tax benefits increased by $1.3 million, primarily associated with the Company’s U.S. Federal and California R&D credits. As of July 31, 2019, the Company had unrecognized tax benefits of $6.2 million that, if recognized, would affect the Company’s effective tax rate. An estimate of the range of possible change within the next 12 months cannot be made at this time.
The Company, or one of its subsidiaries, files income taxes in the U.S. Federal jurisdiction and various state and foreign jurisdictions. If the Company utilizes net operating losses or tax credits in future years, the U.S. Federal, state and local, and non-U.S. tax authorities may examine the tax returns covering the period in which the net operating losses and tax credits arose. As a result, the Company’s tax returns in the U.S. and California remain open to examination from fiscal years 2002 through 2019. As of July 31, 2019, the Company has no income tax audits in progress in the U.S. or foreign jurisdictions.
Table:
 |  | Fiscal years ended July 31, | 
 | 2019 | 2018 | 2017
Unrecognized tax benefit - beginning of period | $10,321 | $9,346 | $7,687
Gross increases - prior period tax positions | 98 | 729 | 712
Gross decreases - prior period tax positions | (88) | (878) | (691)
Gross increases - current period tax positions | 1,302 | 1,124 | 1,638
Unrecognized tax benefit - end of period | $11,633 | $10,321 | $9,346


Question: What was the change in the Gross increases - prior period tax positions from 2018 to 2019?
Answer: -631
Calculation: 98 - 729
Uncertain Tax Positions
As of December 31, 2019, 2018 and 2017, we had gross unrecognized tax benefits of $4.4 million, $4.2 million
and $3.8 million, respectively. Accrued interest expense related to unrecognized tax benefits is recognized as part of
our income tax provision in our consolidated statements of operations and is immaterial for the years ended
December 31, 2019 and 2018. Our policy for classifying interest and penalties associated with unrecognized income
tax benefits is to include such items in income tax expense.
The activity related to the unrecognized tax benefits is as follows (in thousands):
These amounts are related to certain deferred tax assets with a corresponding valuation allowance. As ofDecember 31, 2019, the total amount of unrecognized tax benefits, if recognized, that would affect the effective taxrate is $1.0 million. We do not anticipate a material change to our unrecognized tax benefits over the next twelvemonths. Unrecognized tax benefits may change during the next twelve months for items that arise in the ordinarycourse of business.
We are subject to taxation in the United States, various states, and several foreign jurisdictions. Because we havenet operating loss and credit carryforwards, there are open statutes of limitations in which federal, state and foreigntaxing authorities may examine our tax returns for all years from 2005 through the current period. We are notcurrently under examination by any taxing authorities.
Table:
 | Years Ended December 31, |  | 
 | 2019 | 2018 | 2017
Gross unrecognized tax benefits —beginning balance | $4,191 | $3,782 | $3,360
Increases (decrease) related to tax positions from prior years | (280) | (266) | (151)
Increases related to tax positions taken during current year | 530 | 675 | 573
Decreases related to tax positions taken during the current year | — | — | —
Gross unrecognized tax benefits —ending balance | $4,441 | $4,191 | $3,782


Question: What is the company's unrecognized tax benefit in 2018?
Answer: $4,191
We recorded non-cash compensation expense related to stock-based awards as follows (in thousands):
As of September 30, 2019, there was $39.7 million of unrecognized compensation expense related to unvested RSUs. Based upon the expected forfeitures and the expected vesting of performance-based RSUs, the aggregate fair value of RSUs expected to ultimately vest is $40.0 million, which is expected to be recognized over a weighted-average period of 1.7 years and includes the RSUs that vested on October 1, 2019.
We estimate forfeitures at the time of grant and revise those estimates in subsequent periods on a cumulative basis in the period the estimated forfeiture rate changes for all stock-based awards when significant events occur. We consider our historical experience with employee turnover as the basis to arrive at our estimated forfeiture rate. The forfeiture rate was estimated to be 12.5% per year as of September 30, 2019. To the extent the actual forfeiture rate is different from what we have estimated, compensation expense related to these awards will be different from our expectations.
Table:
 |  | Years Ended September 30, | 
 | 2019 | 2018 | 2017
Cost of sales | $  1,766 | $  1,096 | $  338
Selling, general and administrative | 13,722 | 6,419 | 4,674
 | $15,488 | $7,515 | $5,012


Question: What is the percentage change in cost of sales in 2019 from 2018?
Answer: 61.13
Calculation: (1,766-1,096)/1,096
1 As defined by the International Monetary Fund.
Revenue related to external customers went up moderately yearover- year on growth in nearly all industrial businesses. SGRE and Siemens Healthineers posted the highest growth rates, while revenue at Gas and Power declined moderately in a difficult market environment. The revenue decline in emerging markets was due mainly to lower revenue in Egypt, where in fiscal 2018 Gas and Power recorded sharply higher revenue from large orders.
Revenue in Europe, C. I. S., Africa, Middle East increased moderately on growth in a majority of industrial businesses, driven by substantial growth at SGRE. Gas and Power posted a clear decline in a difficult market environment. In Germany, revenue was up moderately with significant growth in Mobility and Gas and Power, partly offset by a decline in SGRE.
In the Americas, revenue came in clearly higher year-over-year, benefiting from positive currency translation effects. Siemens Healthineers, Smart Infrastructure and Gas and Power recorded the largest increases, while SGRE posted clearly lower revenue in the region. In the U. S., all industrial businesses posted higher revenues year-over-year, with SGRE and Smart Infrastructure recording the strongest growth rates.
Revenue in Asia, Australia rose moderately year-over-year on growth in the majority of industrial businesses, led by Siemens Healthineers and Digital Industries. Gas and Power and SGRE posted lower revenue year-over-year. In China, revenue was also
up in the majority of industrial businesses, led by Siemens Healthineers. In contrast, SGRE posted substantially lower revenue year-over-year in that country.
Table:
 |  | Fiscal year |  | % Change
(in millions of €) | 2019 | 2018 | Actual | Comp.
Europe, C. I. S., Africa, Middle East | 44,360 | 42,782 | 4% | 4%
therein: Germany | 12,282 | 11,729 | 5% | 4 %
Americas | 23,796 | 22,115 | 8% | 3%
therein: U. S. | 17,993 | 16,012 | 12% | 6%
Asia, Australia | 18,693 | 18,147 | 3% | 2%
therein: China | 8,405 | 8,102 | 4% | 3%
Siemens | 86,849 | 83,044 | 5 % | 3 %
therein: emerging markets1 | 27,607 | 28,272 | (2) % | (2) %


Question: What is the increase / (decrease) in the orders for Asia and Australia from 2018 to 2019?
Answer: 546
Calculation: 18,693 - 18,147
The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition.
The amount recorded for developed technology represents the estimated fair value of AgileCraft’s enterprise agile planning technology. The amount recorded for customer relationships represents the fair value of the underlying relationships with AgileCraft’s customers. The amount recorded for backlog represents the fair value of AgileCraft’s backlog as of acquisition date.
Table:
 | Fair Value | Useful Life
 | (U.S. $ in thousands) | (years)
Developed technology | $34,600 | 5
Customer relationships | 16,900 | 7
Backlog | 1,400 | 3
Total intangible assets subject to amortization | $52,900 | 


Question: For fair value, what is the percentage constitution of customer relationships among the total intangible assets subject to amortization?
Answer: 31.95
Calculation: 16,900/52,900
6. Inventories
Inventories consisted of the following:
Table:
 |  | Fiscal Year End
 | 2019 | 2018
 |  | (in millions)
Raw materials | $  260 | $  276
Work in progress | 739 | 656
Finished goods | 837 | 925
Inventories | $ 1,836 | $  1,857


Question: In which year was Raw materials larger?
Answer: 2018
Calculation: 276>260
The Company has adopted five share option schemes, namely, the Pre-IPO Option Scheme, the Post-IPO Option Scheme I, the Post-IPO Option Scheme II, the Post-IPO Option Scheme III and the Post-IPO Option Scheme IV. The Pre-IPO Option Scheme, the Post-IPO Option Scheme I, the Post-IPO Option Scheme II and the Post-IPO Option Scheme III expired on 31 December 2011, 23 March 2014, 16 May 2017 and 13 May 2019 respectively.
As at 31 December 2019, there were a total of 20,722,380 outstanding share options granted to a director of the Company, details of which are as follows:
1. For options granted with exercisable date determined based on the grant date of options, the first 20% of the total options can be exercised 1 year after the grant date, and each 20% of the total options will become exercisable in each subsequent year.
2. For options granted with exercisable date determined based on the grant date of options, the first 25% of the total options can be exercised 1 year after the grant date, and each 25% of the total options will become exercisable in each subsequent year.
3. The closing price immediately before the date on which the options were granted on 4 April 2019 was HKD378.
4. No options were cancelled or lapsed during the year.
Table:
 |  |  | Number of share options |  |  |  | 
Name of director | Date of grant | As at 1 January 2019 | Granted during the year | Exercised during the year | As at 31 December 2019 | Exercise price | Exercise period
 |  |  |  |  |  | HKD | 
Lau Chi Ping Martin | 25 March 2014 | 5,000,000 | - | - | 5,000,000 | 114.52 | 25 March 2015 to 24 March 2021 (Note 2)
 | 21 March 2016 | 3,750,000 | - | - | 3,750,000 | 158.10 | 21 March 2017 to 20 March 2023 (Note 2)
 | 24 March 2017 | 5,250,000 | - | - | 5,250,000 | 225.44 | 24 March 2018 to 23 March 2024 (Note 2)
 | 9 April 2018 | 3,215,800 | - | - | 3,215,800 | 410.00 | 9 April 2019 to 8 April 2025 (Note 2)
 | 4 April 2019 | - | 3,506,580 (Note 3) | - | 3,506,580 | 376.00 | 4 April 2020 to 3 April 2026 (Note 2)
 | Total: | 17,215,800 | 3,506,580 | - | 20,722,380 |  | 


Question: When did the Pre-IPO Option Scheme expire?
Answer: 31 December 2011
Note 9 - Software Development Costs
Capitalized software development costs as of December 31, 2019 and 2018 consisted of the following (in thousands):
The weighted average remaining amortization period for the Company’s software development costs is 1.61 years.
Amortization expense for capitalized software development costs was $1.025 million and $1.2 million for each of the years ended December 31, 2019 and 2018.
Table:
 | As of December 31, | 
 | 2019 | 2018
Capitalized software development costs | $6,029 | $5,102
Accumulated amortization | (4,485) | (3,412)
Software development costs, net | 1,544 | $1,690


Question: What was the average Software development costs, net for 2018 and 2019?
Answer: 1617
Calculation: (1,544 + 1,690) / 2
4.3 Operating revenues
BCE
BCE operating revenues grew by 2.1% in 2019, compared to last year, driven by growth across all three of our segments. Total operating revenues consisted of service revenues of $20,737 million and product revenues of $3,227 million in 2019, up 1.4% and 6.6%, respectively, year over year. Wireless operating revenues grew by 3.7% in 2019, driven by product revenue growth of 6.6% and service revenue growth of 2.5%. Wireline operating revenues grew by 0.7% in 2019 attributable to service revenue growth of 0.4% from higher data revenue, moderated by lower voice revenue, and also reflected higher product revenue of 7.2%. Bell Media revenues increased by 3.1% in 2019 reflecting both higher subscriber and advertising revenues
Table:
 | 2019 | 2018 | $ CHANGE | % CHANGE
Bell Wireless | 9,142 | 8,818 | 324 | 3.7%
Bell Wireline | 12,356 | 12,267 | 89 | 0.7%
Bell Media | 3,217 | 3,121 | 96 | 3.1%
Inter-segment eliminations | (751) | (738) | (13) | (1.8%)
Total BCE operating revenues | 23,964 | 23,468 | 496 | 2.1%


Question: What is the percentage change in the Total BCE operating revenues in 2019?
Answer: 2.1%
The activity for unrecognized gross tax benefits is as follows (in millions):
Included in the December 31, 2019 balance of $130.0 million is $97.2 million related to unrecognized tax benefits that, if recognized, would impact the annual effective tax rate. Also included in the balance of unrecognized tax benefits as of December 31, 2019 is $32.8 million of benefit that, if recognized, would result in adjustments to other tax accounts, primarily deferred taxes.
Although the Company cannot predict the timing of resolution with taxing authorities, if any, the Company believes it is reasonably possible that its unrecognized tax benefits will be reduced by $1.5 million in the next 12 months due to settlement with tax authorities or expiration of the applicable statute of limitations. The Company did not recognize any additional tax benefit or expense for interest and penalties during the year ended December 31, 2019.
The Company recognized approximately $0.8 million of tax benefit and $1.5 million of tax expense for interest and penalties during the years ended December 31, 2018 and 2017, respectively. The Company had approximately $5.1 million, $5.1 million, and $5.9 million of accrued interest and penalties at December 31, 2019, 2018, and 2017, respectively. The Company recognizes interest and penalties accrued in relation to unrecognized tax benefits in tax expense.
Tax years prior to 2016 are generally not subject to examination by the IRS except for items involving tax attributes that have been carried forward to tax years whose statute of limitations remains open. The Company is not currently under IRS examination. For state returns, the Company is generally not subject to income tax examinations for years prior to 2015.
The Company is also subject to routine examinations by various foreign tax jurisdictions in which it operates. With respect to jurisdictions outside the United States, the Company's subsidiaries are generally no longer subject to income tax audits for years prior to 2009. The Company is currently under audit in the following jurisdictions including, but not limited to, Canada, China, the Czech Republic, the Philippines, Singapore and the United Kingdom.
Table:
 | 2019 | 2018 | 2017
Balance at beginning of year | $112.2 | $114.8 | $136.7
Acquired balances | 15.5 | — | —
Additions for tax benefits related to the current year | 9.4 | 7.4 | 23.6
Additions for tax benefits of prior years | 8.0 | 2.8 | 4.7
Reductions for tax benefits of prior years | (0.2) | (1.9) | (1.6)
Lapse of statute | (8.2) | (10.9) | (16.3)
Settlements | (6.7) | — | (4.9)
Change in rate due to U.S. Tax Reform | — | — | (27.4)
Balance at end of year | $130.0 | $112.2 | $114.8


Question: How much was accrued interest and penalties at December 31, 2019?
Answer: $5.1 million
REVENUES BY SERVICES AND PRODUCTS
The following table presents our revenues disaggregated by type of services and products.
(1) Our service revenues are generally recognized over time.
(2) Our product revenues are generally recognized at a point in time.
Table:
FOR THE YEAR ENDED DECEMBER 31 | 2019 | 2018
Services (1) |  | 
Wireless | 6,427 | 6,269
Wireline data | 7,684 | 7,466
Wireline voice | 3,564 | 3,782
Media | 2,811 | 2,677
Other wireline services | 251 | 247
Total services | 20,737 | 20,441
Products (2) |  | 
Wireless | 2,660 | 2,497
Wireline data | 519 | 466
Wireline equipment and other | 48 | 64
Total products | 3,227 | 3,027
Total operating revenues | 23,964 | 23,468


Question: What are the total operating revenues for 2019?
Answer: 23,964
Profit or loss for the period after taxes
The current result of METRO China was reclassified in the consolidated income statement under the item ‘profit or loss for the period from discontinued operations after taxes’, taking into account necessary consolidation measures. To increase the economic meaningfulness of the earnings statement of the continuing sector, its shares in the consolidation effects were also included in the discontinued section of the earnings statement as far as they were related to business relations that are to be upheld in the long term even after the planned disposal. The previous year’s figures of the income statement were adjusted accordingly.
Profit or loss for the period from discontinued operations after taxes is attributable to the shareholders of METRO AG in the amount of €118 million (2017/18: €87 million). Noncontrolling interests account for €5 million of earnings (2017/18: €1 million).
In connection with the divestment process, expenses in the low 2-digit million euros range have been incurred to date.
As a result, profit or loss for the period from discontinued operations after taxes is made up as follows for METRO China:
Table:
€ million | 2017/2018 | 2018/2019
Sales | 2,680 | 2,901
Expenses | −2,563 | −2,736
Current earnings from discontinued operations before taxes | 117 | 165
Income taxes on gains/losses on the current result | −29 | −43
Current earnings from discontinued operations after taxes | 88 | 122
Gains/losses from the remeasurement or disposal of discontinued operations before taxes | 0 | 0
Gains/losses from the remeasurement or disposal of discontinued operations after taxes | 0 | 0
Profit or loss for the period from discontinued operations after taxes | 88 | 122


Question: In which year was Current earnings from discontinued operations after taxes larger?
Answer: 2019
Calculation: 122>88