hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Stock Options
The following table summarizes activity involving stock option awards for the year ended December 31, 2019:
The aggregate intrinsic value of our options outstanding and exercisable at December 31, 2019 was less than $1 million. The weighted-average remaining contractual term for such options was 0.18 years.
During 2019, we received net cash proceeds of less than $1 million in connection with our option exercises. The tax benefit realized from these exercises was less than $1 million. The total intrinsic value of options exercised for the years ended December 31, 2019, 2018 and 2017, was less than $1 million each year.
Table:
 | Number of options | Weighted-Average Exercise Price
 | (in thousands) | 
Outstanding and Exercisable at December 31, 2018 | 543 | $27.46
Exercised | (6) | 11.38
Forfeited/Expired | (68) | 24.78
Outstanding and Exercisable at December 31, 2019 | 469 | 28.04


Question: What are the activity types involving stock option awards?
Answer: Exercised, Forfeited/Expired
Total assets for the Company decreased $76.4 million as of December 31, 2019 as compared to December 31, 2018.  Entertainment and Communications assets decreased $58.8 million due to a decrease in property, plant and equipment primarily as a result of the increased depreciation in 2019 related to Hawaiian Telcom property, plant and equipment exceeding capital expenditures. IT Services and Hardware assets increased by $32.6 million primarily due to the Company’s recognition of operating lease right-of-use assets in the Consolidated Balance Sheets upon adoption of ASU 2016-02.
Corporate assets decreased $50.2 million primarily due to decreased receivables. Lower receivables is partially due to timing of sales in the fourth quarter as well as additional sales of certain receivables under the factoring arrangement as of December 31, 2019 compared to December 31, 2018. Deferred tax assets and liabilities totaled $59.3 million and $11.7 million as of December 31, 2019, respectively. Deferred tax assets and liabilities totaled $47.5 million and $11.4 million as of December 31, 2018, respectively. The increase in deferred tax assets in 2019, as compared to 2018, is due to increased net operating losses in 2019.
Table:
 |  | As of December 31,
(dollars in millions) | 2019 | 2018
Assets |  | 
Entertainment and Communications | $1,840.0 | $1,898.8
IT Services and Hardware | 500.7 | 468.1
Corporate and eliminations | 313.1 | 363.3
Total assets | $2,653.8 | $2,730.2


Question: What is the sum of company's total assets between 2018 to 2019?
Answer: 5384
Calculation: $2,653.8  +$2,730.2
The components of our income tax provision for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands):
As a result of a loss in a foreign location, we have a net operating loss carry-forward (“NOL”) of approximately $0.3 million
available to offset future income. All $0.3 million of the NOL expires in 2025. We have established a valuation allowance for this
NOL because the ability to utilize it is not more likely than not.
We have tax credit carry-forwards of approximately $5.1 million available to offset future state tax. These tax credit carry-forwards
expire in 2020 to 2029. These credits represent a deferred tax asset of $4.0 million after consideration of the federal benefit of state tax
deductions. A valuation allowance of $1.8 million has been established for these credits because the ability to use them is not more
likely than not.
At December 31, 2019 we had approximately $58.2 million of undistributed earnings and profits. The undistributed earnings and
profits are considered previously taxed income and would not be subject to U.S. income taxes upon repatriation of those earnings, in
the form of dividends. The undistributed earnings and profits are considered to be permanently reinvested, accordingly no provision
for local withholdings taxes have been provided, however, upon repatriation of those earnings, in the form of dividends, we could be
subject to additional local withholding taxes.
Table:
 |  | Year Ended December 31,    | 
 | 2019 | 2018 | 2017
Current:                          |  |  | 
Federal    | $ 18,682 | $ 22,606 | $ 53,998
State      | 5,711 | 6,182 | 6,595
Foreign      | 7,323 | 7,018 | 6,185
 | 31,716 | 35,806 | 66,778
Deferred:                          |  |  | 
Federal      | (863 )     | (3,127 )     | 1,590
State      | (326 )     | (674 )     | 35
Foreign      | (212 )     | (464 )     | (51 ) 
 | (1,401 )     | (4,265 )     | 1,574
Total   | $ 30,315 | $ 31,541 | $ 68,352


Question: Which year had the highest current federal tax?
Answer: 2017
Calculation: 53,998> 22,606> 18,682
6. Revenue continued
Contract assets and liabilities recognised at 31 March 2019 are as follows:
£1,216m of the contract liability recognised at 1 April 2018 was recognised as revenue during the year. Impairment losses of £36m were recognised on contract assets during the year. Other than business-as-usual movements there were no significant changes in contract asset and liability balances during the year.
Table:
 | 31 March 2019 | 1 April 2018
 | £m | £m
Contract assets |  | 
Current | 1,353 | 1,417
Non-current | 249 | 198
 | 1,602 | 1,615
Contract liabilities |  | 
Current | 1,225 | 1,406
Non-current | 200 | 87
 | 1,425 | 1,493


Question: How much Impairment losses was recognised at 2018?
Answer: Impairment losses of £36m were recognised on contract assets during the year.
free cash flow conversion rate we believe this measure provides useful information to investors because it is important for assessing our efficiency in converting earnings to cash and returning cash to shareholders . the calculation of free cash flow conversion rate and net cash provided by operating activities conversion rate , its equivalent gaap measure , follows: .

Table:
in millions | fiscal 2019
net earnings including earnings attributable to redeemable and noncontrolling interests asreported | $ 1786.2
net tax benefit ( a ) | $ -7.2 ( 7.2 )
tax item ( a ) | -72.9 ( 72.9 )
mark-to-marketeffects net of tax ( b ) | 27.7
acquisition integration costs net of tax ( c ) | 19.7
divestitures loss net of tax ( c ) | 16.4
restructuring charges net of tax ( d ) | 63.0
project-related costs net of tax ( d ) | 1.1
asset impairments net of tax ( d ) | 159.7
hyperinflationary accounting net of tax ( e ) | 3.2
investment valuation adjustments net of tax ( f ) | -17.6 ( 17.6 )
legal recovery net of tax ( g ) | -10.8 ( 10.8 )
cpw restructuring costs net of tax ( h ) | 11.1
adjusted net earnings including earnings attributable to redeemable and noncontrollinginterests | $ 1979.6
net cash provided by operating activities | $ 2807.0
purchases of land buildings and equipment | -537.6 ( 537.6 )
free cash flow | $ 2269.4
net cash provided by operating activities conversion rate | 157% ( 157 % )
free cash flow conversion rate | 115% ( 115 % )
( a ) see note 14 to the consolidated financial statements in item 8 of this report .
( b ) see note 7 to the consolidated financial statements in item 8 of this report .
( c ) see note 3 to the consolidated financial statements in item 8 of this report .
( d ) see note 4 to the consolidated financial statements in item 8 of this report .
( e ) impact of hyperinflationary accounting for our argentina subsidiary , which was sold in the third quarter of fiscal 2019 .
( f ) valuation gains on certain corporate investments .
( g ) legal recovery related to our yoplait sas subsidiary .
( h ) the cpw restructuring charges are related to initiatives designed to improve profitability and growth that were approved in fiscal 2018 and 2019 .
see our reconciliation below of the effective income tax rate as reported to the adjusted effective income tax rate for the tax impact of each item affecting comparability. .

Question: in 2019 what was the percent of the net earnings to the net cash provided by operating activities
Answer: 63.6%
Calculation: divide(1786.2, 2807.0)
Net Pool Allocation: Net pool allocation increased by $10.5 million, from $7.3 million during the year ended December 31, 2017 to $17.8 million during the year ended December 31, 2018. The increase in net pool allocation was attributable to the movement in the adjustment of the net pool results earned by the GasLog vessels in accordance with the pool distribution formula. GasLog recognized gross revenues and gross voyage expenses and commissions of $102.3 million and $10.2 million, respectively, from the operation of its vessels in the Cool Pool during the year ended December 31, 2018 (December 31, 2017: $38.0 million and $9.1 million, respectively). The increase in GasLog’s total net pool performance was driven by higher spot rates and higher utilization achieved by all vessels trading in the Cool Pool. GasLog’s total net pool performance is presented below:
Voyage Expenses and Commissions: Voyage expenses and commissions increased by 32.5%, or $5.0 million, from $15.4 million during the year ended December 31, 2017 to $20.4 million during the year ended December 31, 2018. The increase in voyage expenses and commissions is mainly attributable to an increase of $3.6 million in bunkers consumed and voyage expenses during certain unchartered and off-hire periods, an increase of $0.3 million in voyage expenses of the vessels operating in the spot market and an increase of $1.1 million in brokers’ commissions.
Table:
 | For the year ended | 
 | 2017 | 2018
Amounts in thousands of U.S. Dollars |  | 
Pool gross revenues (included in Revenues) | 38,046 | 102,253
Pool gross voyage expenses and commissions (included in Voyage expenses and commissions) | (9,122) | (10,154)
GasLog’s adjustment for net pool allocation (included in Net pool allocation) | 7,254 | 17,818
GasLog’s total net pool performance | 36,178 | 109,917


Question: What accounted for the increase in net pool allocation?
Answer: Attributable to the movement in the adjustment of the net pool results earned by the GasLog vessels in accordance with the pool distribution formula.
stock performance graph the following graph provides a comparison of five year cumulative total stockholder returns of teleflex common stock , the standard a0& poor 2019s ( s&p ) 500 stock index and the s&p 500 healthcare equipment & supply index . the annual changes for the five-year period shown on the graph are based on the assumption that $ 100 had been invested in teleflex common stock and each index on december a031 , 2012 and that all dividends were reinvested . market performance .

Table:
company / index | 2012 | 2013 | 2014 | 2015 | 2016 | 2017
teleflex incorporated | 100 | 134 | 166 | 192 | 237 | 368
s&p 500 index | 100 | 132 | 151 | 153 | 171 | 208
s&p 500 healthcare equipment & supply index | 100 | 128 | 161 | 171 | 181 | 238
s&p 500 healthcare equipment & supply index 100 128 161 171 181 238 .

Question: what is roi of an investment in teleflex incorporated in 2012 and sold in 2017?
Answer: 268%
Calculation: subtract(368, 100), divide(#0, 100)
Quarterly Results (Unaudited)
The following table sets forth certain unaudited quarterly financial information for the 2019 and 2018 fiscal years. In the opinion of management, this information has been presented on the same basis as the audited consolidated financial statements appearing elsewhere, and all necessary adjustments (consisting primarily of normal recurring accruals) have been included in the amounts stated below to present fairly the unaudited quarterly results when read in conjunction with the audited consolidated financial statements and related notes thereto. The operating results for any quarter are not necessarily indicative of results for any future period.
(1) Includes acquisition and integration charges related to our strategic collaboration with JJMD of $17.6 million, $13.4 million, $12.8 million, $8.9 million and $8.1 million for the three months ended August 31, 2019, May 31, 2019, February 28, 2019, November 30, 2018 and August 31, 2018, respectively.
(2) Includes ($13.3 million), $111.4 million and $30.9 million of income tax (benefit) expense for the three months ended November 30, 2018, August 31, 2018 and February 28, 2018, respectively, related to the Tax Act.
(4) Includes a distressed customer charge of $6.2 million, $18.0 million and $14.7 million during the three months ended August 31, 2019, August 31, 2018 and February 28, 2018, respectively.
(5) Includes $32.4 million of stock-based compensation expense for the modification of certain performancebased restricted stock units and a one-time cash settled award during the three months ended November 30, 2017.
Table:
 |  |  | Fiscal Year 2018 | 
 |  |  | Three Months Ended | 
(in thousands, except for per share data) | August 31, 2018 | May 31, 2018 | February 28, 2018 | November 30, 2017
Net revenue | $5,771,831 | $5,436,952 | $5,301,101 | $5,585,532
Gross profit(4) | 442,147 | 398,227 | 397,133 | 469,285
Operating income(1)(4)(5) | 153,896 | 112,971 | 129,532 | 145,754
Net (loss) income(2)(4)(5) | (56,608) | 42,702 | 37,528 | 63,919
Net (loss) income attributable to Jabil Inc.(2)(4)(5) | $(57,314) | $42,541 | $37,308 | $63,795
(Loss) earnings per share attributable to the stockholders of Jabil Inc. |  |  |  | 
Basic | $(0.34) | $0.25 | $0.21 | $0.36
Diluted | $(0.34) | $0.25 | $0.21 | $0.35


Question: What was the change in gross profit between May 2018 and August 2018?
Answer: 43920
Calculation: 442,147-398,227
(l) Cash, Cash Equivalents and Restricted Cash
Cash equivalents consist of highly liquid investments with maturities of three months or less on the date of purchase. Restricted cash includes cash and cash equivalents that is restricted through legal contracts, regulations or our intention to use the cash for a specific purpose. Our restricted cash primarily relates to refundable deposits and funds held in escrow.
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets to the total amounts shown in the statements of cash flows (in thousands):
Table:
 | December 31, 2019 | December 31, 2018
Cash and cash equivalents | $19,505 | $18,017
Restricted cash | 1,205 | 1,444
Total cash, cash equivalents and restricted cash in the consolidated statements of cash flows | $20,710 | $19,461


Question: What is the cash and cash equivalents as of December 31, 2019 and 2018 respectively?
Answer: $19,505, $18,017
fidelity national information services , inc . and subsidiaries notes to consolidated financial statements - ( continued ) the following summarizes the aggregate maturities of our debt and capital leases on stated contractual maturities , excluding unamortized non-cash bond premiums and discounts net of $ 30 million as of december 31 , 2017 ( in millions ) : .

Table:
 | total
2018 | $ 1045
2019 | 44
2020 | 1157
2021 | 1546
2022 | 705
thereafter | 4349
total principal payments | 8846
debt issuance costs net of accumulated amortization | -53 ( 53 )
total long-term debt | $ 8793
there are no mandatory principal payments on the revolving loan and any balance outstanding on the revolving loan will be due and payable at its scheduled maturity date , which occurs at august 10 , 2021 .
fis may redeem the 2018 notes , 2020 notes , 2021 notes , 2021 euro notes , 2022 notes , 2022 gbp notes , 2023 notes , 2024 notes , 2024 euro notes , 2025 notes , 2026 notes , and 2046 notes at its option in whole or in part , at any time and from time to time , at a redemption price equal to the greater of 100% ( 100 % ) of the principal amount to be redeemed and a make-whole amount calculated as described in the related indenture in each case plus accrued and unpaid interest to , but excluding , the date of redemption , provided no make-whole amount will be paid for redemptions of the 2020 notes , the 2021 notes , the 2021 euro notes and the 2022 gbp notes during the one month prior to their maturity , the 2022 notes during the two months prior to their maturity , the 2023 notes , the 2024 notes , the 2024 euro notes , the 2025 notes , and the 2026 notes during the three months prior to their maturity , and the 2046 notes during the six months prior to their maturity .
debt issuance costs of $ 53 million , net of accumulated amortization , remain capitalized as of december 31 , 2017 , related to all of the above outstanding debt .
we monitor the financial stability of our counterparties on an ongoing basis .
the lender commitments under the undrawn portions of the revolving loan are comprised of a diversified set of financial institutions , both domestic and international .
the failure of any single lender to perform its obligations under the revolving loan would not adversely impact our ability to fund operations .
the fair value of the company 2019s long-term debt is estimated to be approximately $ 156 million higher than the carrying value as of december 31 , 2017 .
this estimate is based on quoted prices of our senior notes and trades of our other debt in close proximity to december 31 , 2017 , which are considered level 2-type measurements .
this estimate is subjective in nature and involves uncertainties and significant judgment in the interpretation of current market data .
therefore , the values presented are not necessarily indicative of amounts the company could realize or settle currently. .

Question: what percent of total long-term debt is due in 2021?
Answer: 18%
Calculation: divide(1546, 8793)
A discussion of net sales by reportable segment is presented below for the indicated fiscal years (in millions):
AMER. Net sales for fiscal 2019 in the AMER segment increased $210.4 million, or 17.3%, as compared to fiscal 2018. The increase in net sales was driven by a $181.7 million increase in production ramps of new products for existing customers, a $13.5 million increase in production ramps for new customers and overall net increased customer end-market demand. The increase was partially offset by a $16.4 million decrease for end-of-life products and a $6.0 million reduction due to disengagements with customers.
APAC. Net sales for fiscal 2019 in the APAC segment increased $59.2 million, or 4.0%, as compared to fiscal 2018. The increase in net sales was driven by an $87.3 million increase in production ramps of new products for existing customers and a $58.1 million increase in production ramps for new customers. The increase was partially offset by a $28.4 million reduction due to a disengagement with a customer, a $7.3 million decrease for end-of-life products and overall net decreased customer end-market demand.
EMEA. Net sales for fiscal 2019 in the EMEA segment increased $28.4 million, or 10.1%, as compared to fiscal 2018. The increase in net sales was the result of a $20.2 million increase in production ramps of new products for existing customers, a $4.2 million increase in production ramps for new customers and overall net increased customer end-market demand. The increase was partially offset by a $6.2 million reduction due to a disengagement with a customer.
Table:
 | 2019 | 2018
Net sales:     |  | 
AMER  | $1,429.3 | $1,218.9
APAC  | 1,557.2 | 1,498.0
EMEA  | 309.9 | 281.5
Elimination of inter-segment sales | (132.0) | (124.9)
Total net sales | 3,164.4 | 2,873.5


Question: What was the net sales from AMER in 2018?
Answer: 1,218.9
2020 Incentive Plan Enhancements.
For 2020, we have transitioned into the operation phase of our long-term strategy. As discussed further in this
CD&A, following an internal review process, extensive discussions with our shareholders and consultation with our executive compensation consultants, we revised the design for our 2020 incentive programs to support our strategic priorities as described below:
• added Revenue as metric to our STI plan to encourage and reward top-line performance • changed the metric and performance period for our LTI plan to three-year cumulative Adjusted EBITDA target • added three-year Relative TSR Modifier, as a positive or negative adjustment +/- 20%, for our LTI plan.
Table:
 | Short-Term Incentive Plan | 
Strategy | Integrate and Transform | Operate
Metrics | 2018 & 2019 Weighting | 2020 Weighting
Adjusted EBITDA | 65% | 50%
Free Cash Flow | 25% | 25%
Revenue | — | 15%
Customer Experience | 10% | 10%
 | Long-Term Incentive Plan | 
Strategy | Integrate and Transform | Operate
Metrics | 2018 & 2019 Weighting | 2020 Weighting
Adjusted EBITDA Run Rate (2 year) | 100% | —
Cumulative Adjusted EBITDA (3 year) | — | 100%
Relative TSR Modifier (3 year) | — | +/-20%


Question: What is the average Adjusted EBITDA under the Short-Term Incentive Plan?
Answer: 57.5
Calculation: (65%+50%)/2
Remaining Performance Obligation Associated with Non-Lease Arrangements
A majority of the Company’s revenue is provided over a contract term. When allocating the total contract transaction price to identified performance obligations, a portion of the total transaction price relates to performance obligations that are yet to be satisfied or are partially satisfied as of the end of the reporting period.
In determining the transaction price allocated to remaining performance obligations, the Company does not include non- recurring charges and estimates for usage.
Remaining performance obligations associated with the Company’s contracts reflect recurring charges billed, adjusted to reflect estimates for sales incentives and revenue adjustments.
The table below reflects an estimate of the remaining transaction price of fixed fee, non-lease revenue arrangements to be recognized in the future periods presented. The table below does not include estimated amounts to be recognized in future periods associated with variable usage-based consideration.
Table:
 | Year Ended June 30, |  |  |  |  |  | 
 | 2020 | 2021 | 2022 | 2023 | 2024 | Thereafter | Total
 | (in millions) |  |  |  |  |  | 
Reportable Segment |  |  |  |  |  |  | 
Zayo Networks | 621.4 | 295.9 | 117.4 | 36.7 | 14.1 | 17.5 | 1,103.0
zColo | 21.7 | 11.0 | 6.2 | 3.5 | 2.5 | 2.0 | 46.9
Allstream | 110.3 | 26.7 | 11.8 | 1.6 | 0.3 | — | 150.7
Total | $753.4 | $333.6 | $135.4 | $41.8 | $16.9 | $19.5 | $1,300.6


Question: What does the table below reflect?
Answer: The table below reflects an estimate of the remaining transaction price of fixed fee, non-lease revenue arrangements to be recognized in the future periods presented.