hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Results of Operations
We operate a cybersecurity business, focused on licensing and enforcement, providing advisory services, developing mobile security applications, and investing in emerging cybersecurity technologies and intellectual property. The following table summarizes our results of operations for the periods presented and as a percentage of our total revenue for those periods based on our consolidated statement of operations data. The year to year comparison of results of operations is not necessarily indicative of results of operations for future periods.
Table:
 |  |  | For the Years Ended December 31, |  |  | 
 | 2019 |  | 2018 |  | 2017 | 
 | Amount | % of Revenue | Amount | % of Revenue | Amount | % of Revenue
 |  |  | (In millions, except percentages) |  |  | 
Revenues | $13.2 | 100% | $82.3 | 100% | $50.5 | 100%
Cost of revenues | 1.9 | 14% | 15.3 | 19% | 6.0 | 12%
Gross profit | 11.3 | 86% | 67.0 | 81% | 44.5 | 88%
Operating expenses: |  |  |  |  |  | 
Selling, general and administrative (1) | 31.7 | 240% | 32.2 | 39% | 28.6 | 57%
Research and development | 2.0 | 15% | 2.1 | 2% | 1.5 | 3%
Total operating expenses | 33.7 | 225% | 34.3 | 41% | 30.1 | 60%
Other income (expense) | (0.3) | (2)% | (4.0) | (5)% | 2.2 | 4%
Income (loss) before income taxes | (22.7) | (172%) | 28.7 | 35% | 16.6 | 33%
Income tax provision (benefit) | (6.2) | (47%) | 8.0 | 10% | (6.2) | (12)%
Net income (loss) | $(16.5) | (125)% | $20.7 | 25% | $22.8 | 45%
(1) Includes stock based compensation | $1.0 | 8% | $1.6 | 2% | $0.8 | 2%


Question: What are the respective cost of revenues from operations in 2018 and 2019 respectively?
Answer: 15.3, 1.9
Original Equipment Manufacturers (“OEM”) are the end-customers to which we provide direct marketing application engineering support, while Distribution customers refers to the distributors and representatives that we engage to distribute our products around the world.
By market channel, our fourth quarter revenues in Distribution amounted to 28% of our total revenues, flat compared to the previous quarter and decreasing on a year-over-year basis.
Table:
 |  | Three Months Ended | 
 | December 31, 2019 | September 29, 2019 | December 31, 2018
 |  | (Unaudited, in %) | 
OEM | 72% | 72% | 69%
Distribution | 28 | 28 | 31
Total | 100% | 100% | 100%


Question: How much did the Distribution accounted for in the fourth quarter of total revenues?
Answer: 28%
V. INDEBTEDNESS
Indebtedness of the Company including interest outstanding/accrued but not due for payment
Notes:
1. Secured loans excluding deposits of `39 crore as at March 31, 2019, represents obligations under finance lease including current portion of obligations.
2. Opening balance as at April 1, 2018, of unsecured loans represent bank overdraft of `181 crore.
3. Deposits represent amounts received from lessee for the premises given on sub-lease and from vendors for contracts to be executed.
Table:
 | Secured loans excluding deposits | Unsecured loans | Deposits | Total Indebtedness
 | Note 1 | Note 2 | Note 3 | 
Indebtedness at the beginning of the financial year |  |  |  | 
i) Principal Amount | 44 | 181 | 3 | 228
ii) Interest due but not paid | - | - | - | -
iii) Interest accrued but not due | - | - | - | -
Total (i+ii+iii) | 44 | 181 | 3 | 228
Change in Indebtedness during the financial year |  |  |  | 
• Addition | - | - | 1 | 1
• Reduction | (5) | (181) | - | (186)
Net change | (5) | (181) | 1 | (185)
Indebtedness  at the end  of the financial year |  |  |  | 
i) Principal amount | 39 | - | 4 | 43
ii) Interest due but not paid | - | - | - | -
iii) Interest accrued but not due | - | - | - | -
Total (i+ii+iii) | 39 | - | 4 | 43


Question: What is the percentage change in indebtedness at the beginning and the end of the financial year?
Answer: 81.14
Calculation: 185/228
NOTE 13—INCOME TAXES
On December 22, 2017, the U.S. government enacted the Tax Act, which includes provisions for Global Intangible Low-Tax Income (GILTI) under which taxes on foreign income are imposed on the excess of a deemed return on tangible assets of foreign subsidiaries. Consistent with accounting guidance, we have elected to account for the tax on GILTI as a period cost and thus have not adjusted any net deferred tax assets of our foreign subsidiaries in connection with the Tax Act.
Due to the complexity of the Tax Act, the Securities and Exchange Commission issued guidance in SAB 118 which clarified the accounting for income taxes under ASC 740 if certain information was not yet available, prepared or analyzed in reasonable detail to complete the accounting for income tax effects of the Tax Act. SAB 118 provided for a measurement period of up to one year after the enactment of the Tax Act, during which time the required analyses and accounting must be completed. During fiscal year 2018, we recorded provisional amounts for the income tax effects of the changes in tax law and tax rates, as reasonable estimates were determined by management during this period. These amounts did not change in fiscal year 2019.
The SAB 118 measurement period ended on December 22, 2018. Although we no longer consider these amounts to be provisional, the determination of the Tax Act’s income tax effects may change following future legislation or further interpretation of the Tax Act based on the publication of recently proposed U.S. Treasury regulations and guidance from the Internal Revenue Service and state tax authorities.
Income (loss) from continuing operations before income taxes includes the following components (in thousands):
Table:
 |  | Years Ended September 30, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
United States | $ (535) | $ (51,049) | $ (70,566)
Foreign | 52,881 | 65,935 | 59,484
Total | $ 52,346 | $ 14,886 | $ (11,082)


Question: In which year was the amount under Foreign the smallest?
Answer: 2019
Calculation: 52,881<59,484<65,935
Unaudited Pro Forma Results of Acquirees
Autodesk has included the financial results of each of the acquirees in the consolidated financial statements from the respective dates of acquisition; the revenues and the results of each of the acquirees, except for PlanGrid, have not been material both individually or in the aggregate to Autodesk's fiscal 2019 and 2018 results.
The following unaudited pro forma financial information summarizes the combined results of operations for Autodesk and PlanGrid, as though the companies were combined as of the beginning of Autodesk's fiscal year 2018. The unaudited pro forma financial information was as follows (in millions):
The pro forma financial information for all periods presented includes the business combination accounting effects from the acquisition of PlanGrid including amortization expense from acquired intangible assets, compensation expense, and the interest expense and debt issuance costs related to the term loan agreement. The historical financial information has been adjusted to give effect to pro forma events that are directly attributable to the business combinations and factually supportable. The pro forma financial information is for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of the Company’s fiscal 2018.
The pro forma financial information for fiscal 2019 and 2018 combines the historical results of the Company, the adjusted historical results of PlanGrid for fiscal 2019 and 2018 considering the date the Company acquired PlanGrid and the effects of the pro forma adjustments described above
Table:
 | Fiscal Year ended January 31, | 
 | 2019 | 2018
Total revenues | $2,632.6 | $2,099.2
Pretax loss | (157.5) | (724.9)
Net loss | (200.1) | (734.5)


Question: What does the pro forma financial information for fiscal 2019 and 2018 combine?
Answer: The pro forma financial information for fiscal 2019 and 2018 combines the historical results of the Company, the adjusted historical results of PlanGrid for fiscal 2019 and 2018 considering the date the Company acquired PlanGrid and the effects of the pro forma adjustments described above
(19) Income Taxes
Income tax expense (benefit) consists of the following (in millions):
On December 22, 2017, the Tax Reform Act was signed into law. Among other provisions, the Tax Reform Act reduced the federal statutory corporate income tax rate from 35% to 21%. During the fourth quarter of 2017, we recorded a one-time, noncash net tax benefit of $110.9 million related to the revaluation of our deferred income tax assets and liabilities as a result of the Tax Reform Act.
Table:
 |  | Year ended December 31, | 
 | 2019 | 2018 | 2017
Current: |  |  | 
Federal | $39.5 | $35.0 | $10.4
State | 9.7 | 9.4 | 5.3
Foreign | 0.9 | 0.8 | 0.9
Total current | 50.1 | 45.2 | 16.6
Deferred: |  |  | 
Federal | (0.2) | (2.3) | (87.5)
State | (8.0) | (5.2) | 9.1
Total deferred | (8.2) | (7.5) | (78.4)
Total income tax expense (benefit) | $41.9 | $37.7 | $(61.8)


Question: When was the the Tax Reform Act signed into law? 
Answer: December 22, 2017
Revenues
Fiscal 2019 revenues from satellite programs, one of the Company’s largest business area, increased by $8.6 million, or 61%, compared to the prior fiscal year. For Fiscal 2019 satellite program revenues for government end use were 46% of total revenues as compared to 36% for the prior fiscal year. Satellite program revenues for commercial end use were 5% and 14% of total revenue for Fiscal 2019 and Fiscal 2018, respectively. Revenues on satellite program contracts are recorded in the FEI-NY segment and are recognized primarily under the POC method. Sales revenues from non-space U.S. Government/DOD customers increased by approximately $5.2 million or 29% in Fiscal 2019 compared to prior fiscal year. These revenues are recorded in both the FEI-NY and FEI-Zyfer segments and accounted for approximately 46% and 45% of consolidated revenues for fiscal years 2019 and 2018, respectively. For the year ended April 30, 2019, other commercial and industrial sales accounted for approximately 8% of consolidated revenues compared to approximately 19% for fiscal year 2018. Sales in this business area were $3.9 million for the year ended April 30, 2019 compared to $7.6 million for the preceding year. Changes in revenue for the current year are partially due to implementation of ASU 2014-09 (see Note 1 to the Consolidated Financial Statements).
Table:
 |  | Fiscal years ended April 30, (in thousands) |  | 
 |  |  | Change | 
 | 2019 | 2018 | $ | %
FEI-NY | $38,096 | $26,936 | $11,160 | 41%
FEI-Zyfer | 12,235 | 15,272 | (3,037 ) | (20%)
Intersegment sales | (822) | (2,801) | 1,979 | (71%)
 | $49,509 | $39,407 | $10,102 | 26%


Question: In fiscal year 2018, what is the percentage constitution of revenues from FEI-Zyfer among the total revenue?
Answer: 38.75
Calculation: 15,272/39,407
notes to consolidated financial statements 2014 ( continued ) note 14 2014commitments and contingencies leases we conduct a major part of our operations using leased facilities and equipment . many of these leases have renewal and purchase options and provide that we pay the cost of property taxes , insurance and maintenance . rent expense on all operating leases for fiscal 2010 , 2009 and 2008 was $ 32.8 million , $ 30.2 million , and $ 30.4 million , respectively . future minimum lease payments for all noncancelable leases at may 31 , 2010 were as follows : operating leases .

Table:
 | operating leases
2011 | $ 9856
2012 | 3803
2013 | 2538
2014 | 1580
2015 | 928
thereafter | 1428
total future minimum lease payments | $ 20133
we are party to a number of claims and lawsuits incidental to our business .
in the opinion of management , the reasonably possible outcome of such matters , individually or in the aggregate , will not have a material adverse impact on our financial position , liquidity or results of operations .
we define operating taxes as tax contingencies that are unrelated to income taxes , such as sales and property taxes .
during the course of operations , we must interpret the meaning of various operating tax matters in the united states and in the foreign jurisdictions in which we do business .
taxing authorities in those various jurisdictions may arrive at different interpretations of applicable tax laws and regulations as they relate to such operating tax matters , which could result in the payment of additional taxes in those jurisdictions .
as of may 31 , 2010 and 2009 we did not have a liability for operating tax items .
the amount of the liability is based on management 2019s best estimate given our history with similar matters and interpretations of current laws and regulations .
bin/ica agreements in connection with our acquisition of merchant credit card operations of banks , we have entered into sponsorship or depository and processing agreements with certain of the banks .
these agreements allow us to use the banks 2019 identification numbers , referred to as bank identification number for visa transactions and interbank card association number for mastercard transactions , to clear credit card transactions through visa and mastercard .
certain of such agreements contain financial covenants , and we were in compliance with all such covenants as of may 31 , 2010 .
on june 18 , 2010 , cibc provided notice that it will not renew its sponsorship with us for visa in canada after the initial ten year term .
as a result , their canadian visa sponsorship will expire in march 2011 .
we are .

Question: what was the total rent expense on all operating leases for fiscal 2008 through 2010 in millions
Answer: 93.4
Calculation: add(32.8, 30.2), add(#0, 30.4)
Realized and unrealized (losses) gains on non-designated derivative instruments. Realized and unrealized (losses) gains related to derivative instruments that are not designated as hedges for accounting purposes are included as a separate line item in the consolidated statements of loss. Net realized and unrealized losses on non-designated derivatives were $13.7 million for 2019, compared to $14.9 million for 2018, as detailed in the table below:
The realized losses relate to amounts we actually realized for settlements related to these derivative instruments in normal course and amounts paid to terminate interest rate swap agreement terminations.
During 2019 and 2018, we had interest rate swap agreements with aggregate average net outstanding notional amounts of approximately $1.1 billion and $1.3 billion, respectively, with average fixed rates of approximately 3.0% and 2.9%, respectively. Short-term variable benchmark interest rates during these periods were generally less than 3.0% and, as such, we incurred realized losses of $8.3 million and $13.9 million during 2019 and 2018, respectively, under the interest rate swap agreements.
We did not incur any realized losses related to the termination of interest rate swaps in 2019, compared to realized losses of $13.7 million during 2018. Primarily as a result of significant changes in long-term benchmark interest rates during 2019 and 2018, we recognized unrealized losses of $7.9 million in 2019 compared to unrealized gains of $33.7 million in 2018 under the interest rate swap agreements.
During the year ended December 31, 2019, we recognized a reversal of previously unrealized losses of $26.9 million on all the warrants held by Teekay to purchase common units of Altera (or the Warrants) as a result of the sale of the Warrants to Brookfield, and we concurrently recognized a realized loss of $25.6 million during the same period. During the year ended December 31, 2018, we recognized unrealized losses of $21.1 million on the Warrants. Please read “Item 18 – Financial Statements: Note 12 – Fair Value Measurements and Financial Instruments.”
Table:
 | Year Ended | Year Ended
 | December 31, 2019 | December 31, 2018
 | $ | $
Realized (losses) gains relating to: |  | 
Interest rate swap agreements | (8,296) | (13,898)
Interest rate swap agreement terminations | — | (13,681)
Foreign currency forward contracts | (147) | —
Stock purchase warrants | (25,559) | —
Forward freight agreements | 1,490 | 137
 | (32,512) | (27,442)
Unrealized (losses) gains relating to: |  | 
Interest rate swap agreements | (7,878) | 33,700
Foreign currency forward contracts | (200) | —
Stock purchase warrants | 26,900 | (21,053)
Forward freight agreements | (29) | (57)
 | 18,793 | 12,590
Total realized and unrealized losses on derivative instruments | (13,719) | (14,852)


Question: How much was the interest rate swap agreements with aggregate average net outstanding notional amounts during 2019 and 2018?
Answer: During 2019 and 2018, we had interest rate swap agreements with aggregate average net outstanding notional amounts of approximately $1.1 billion and $1.3 billion, respectively
Note 8 – Property, Plant and Equipment
As of December 31, 2019 and 2018, property, plant and equipment was comprised of the following:
Depreciation expense was $12.5 million, $12.7 million and $12.8 million for the years ended December 31, 2019, 2018 and 2017, respectively, which is recorded in cost of sales, selling, general and administrative expense and research and development expense in the consolidated statements of income.
We assess long-lived assets used in operations for potential impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable and the undiscounted cash flows estimated to be generated by the asset are less than the asset’s carrying value. During the year ended December 31, 2019, the Company recognized impairment charges of $3.9 million related to the abandonment of certain information technology projects in which we had previously capitalized expenses related to these projects. The impairment charges were determined based on actual costs incurred as part of the projects. No impairment charges were recognized during the years ended December 31, 2018 and 2017.
Table:
(In thousands) | 2019 | 2018
Land | $4,575 | $4,575
Building and land improvements | 34,797 | 34,379
Building | 68,157 | 68,183
Furniture and fixtures | 19,959 | 19,831
Computer hardware and software | 74,399 | 92,071
Engineering and other equipment | 130,430 | 127,060
Total Property, Plant and Equipment | 332,317 | 346,099
Less accumulated depreciation | (258,609) | (265,464)
Total Property, Plant and Equipment, net | $73,708 | $80,635


Question: What was the amount of building assets in 2019?
Answer: 68,157
Pre-tax income from international operations was $214 million, $890 million, and $353 million for fiscal 2019, 2018, and 2017, respectively.
The components of income tax expense (benefit) recorded in continuing operations are as follows:
As of December 28, 2018, we have completed our accounting for the effects of the enactment of the Tax Cuts and Jobs Act (H.R.1) (the 2017 Tax Act) in accordance with U.S. Securities and Exchange Commission (SEC) Staff Accounting Bulletin No. 118, and the amounts are no longer considered provisional. We will continue to evaluate any new guidance from the U.S. Department of Treasury and the Internal Revenue Service (IRS) as issued.
Table:
 |  | Year Ended | 
(In millions) | March 29, 2019 | March 30, 2018 | March 31, 2017
Current: |  |  | 
Federal | $73 | $1,011 | $108
State | 15 | 40 | 6
International | 74 | 107 | 68
Total | 162 | 1,158 | 182
Deferred: |  |  | 
Federal | (52) | (1,664) | (177)
State | (2) | (151) | (17)
International | (16) | (33) | (14)
Total | (70) | (1,848) | (208)
Income tax expense (benefit) | $92 | $(690) | $(26)


Question: What is the average Total current income tax expense for the fiscal years 2017, 2018 and 2019?
Answer: 500.67
Calculation: (162+1,158+182)/3
Note 12. Liabilities
The components of accounts payable, accrued expenses and other current liabilities are as follows (in thousands):
Table:
 | December 31, 2019 | December 31, 2018
Accounts payable | $32,878 | $20,214
Accrued expenses | 10,092 | 34,557
Subsidiary unit awards | 141 | 200
Other current liabilities | 5,616 | 3,459
Accounts payable, accrued expenses and other current liabilities | $48,727 | $58,430


Question: What was the change in the Subsidiary unit awards between 2018 and 2019?
Answer: -59
Calculation: 141-200
Write-offs of lease receivables and loan receivables were $15 million and $20 million, respectively, for the year ended December 31, 2018. Provisions for credit losses recorded for lease receivables and loan receivables were $14 million and $2 million, respectively, for the year ended December 31, 2018.
The average recorded investment of impaired leases and loans for Americas, EMEA and Asia Pacific was $138 million, $55 million and $73 million, respectively, for the year ended December 31, 2018. Both interest income recognized, and interest income recognized on a cash basis on impaired leases and loans were immaterial for the year ended December 31, 2018.
Table:
($ in millions) |  |  |  | 
At December 31, 2018: | Americas | EMEA | Asia Pacific | Total
Recorded investment: |  |  |  | 
Lease receivables | $ 3,827 | $1,341 | $1,152 | $ 6,320
Loan receivables | 6,817 | 3,675 | 2,489 | 12,981
Ending balance | $10,644 | $5,016 | $3,641 | $19,301
Recorded investment, collectively evaluated for impairment | $10,498 | $4,964 | $3,590 | $19,052
Recorded investment, individually evaluated for impairment | $   146 | $   52 | $   51 | $   249
Allowance for credit losses |  |  |  | 
Beginning balance at January 1, 2018 |  |  |  | 
Lease receivables | $    63 | $    9 | $   31 | $   103
Loan receivables | 108 | 52 | 51 | 211
Total | $   172 | $   61 | $   82 | $   314
Write-offs | (10) | (2) | (23) | (35)
Recoveries | 0 | 0 | 2 | 2
Provision | 7 | 9 | 0 | 16
Other* | (11) | (3) | (4) | (19)
Ending balance at December 31, 2018 | $   158 | $   65 | $   56 | $   279
Lease receivables | $    53 | $   22 | $    24 | $    99
Loan receivables | $   105 | $   43 | $    32 | $   179
Related allowance, collectively evaluated for impairment | $    39 | $   16 | $    5 | $     59
Related allowance, individually evaluated for impairment | $   119 | $   49 | $    51 | $   219


Question: What is the average Recorded investment of Loan receivables for Americas and EMEA for December 2018?
Answer: 5246
Calculation: (6,817+3,675) / 2
1. 2019 Performance Periods and Performance Goals. For the calendar year 2019, there are four quarterly Performance Periods, ending on March 31, June 30, September 30 and December 31, 2019 (each, a “2019 Performance Period”). For each of the four 2019 Performance Periods, there are two equally weighted (50% each) performance goals (each, a “2019 Performance Goal”): Revenue and Operating Margin (each as defined below). The chart below set forth the Revenue and Operating Margin Performance Goals for the four 2019 Performance Periods.
“Revenue” means as to each of the 2019 Performance Periods, the Company’s net revenues generated from third parties, including both services revenues and product revenues as defined in the Company’s Form 10-K filed for the calendar year ended December 31, 2018. Net revenue is defined as gross sales less any pertinent discounts, refunds or other contra-revenue amounts, as presented on the Company’s press releases reporting its quarterly financial results.
“Operating Margin” means as to each of the 2019 Performance Periods, the Company’s non-GAAP operating income divided by its Revenue. Non-GAAP operating income means the Company’s Revenues less cost of revenues and operating expenses, excluding the impact of stock-based compensation expense, amortization of acquisition related intangibles, legal settlement related charges and as adjusted for certain acquisitions, as presented on the Company’s press releases reporting its quarterly financial results
Table:
2019 Performance Period | Revenue Performance Goal(in millions) | Operating Margin Performance Goal
Q1 | $199.5 | 8.1%
Q2 | $211.7 | 8.3%
Q3 | $227.3 | 9.6%
Q4 | $243.2 | 10.8%


Question: What is the company's average revenue performance goal in the first two quarters of 2019?
Answer: 205.6
Calculation: (199.5 + 211.7)/2