hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
20. Computation of Basic/Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share (amounts in millions, except per share data):
The vesting of certain of our employee-related restricted stock units and options is contingent upon the satisfaction of predefined performance measures. The shares underlying these equity awards are included in the weighted-average dilutive common shares only if the performance measures are met as of the end of the reporting period. Additionally, potential common shares are not included in the denominator of the diluted earnings per common share calculation when the inclusion of such shares would be anti-dilutive.
Table:
 |  | For the Years Ended December 31, | 
 | 2019 | 2018 | 2017
Numerator: |  |  | 
Consolidated net income | $1,503 | $1,848 | $273
Denominator: |  |  | 
Denominator for basic earnings per common share—weighted-average common shares outstanding | 767 | 762 | 754
Effect of dilutive stock options and awards under the treasury stock method | 4 | 9 | 12
Denominator for diluted earnings per common share—weighted-average common shares outstanding plus dilutive common shares under the treasury stock method | 771 | 771 | 766
Basic earnings per common share | $1.96 | $2.43 | $0.36
Diluted earnings per common share | $1.95 | $2.40 | $0.36


Question: What was the Basic earnings per common share in 2017?
Answer: $0.36
3 . discontinued operations during the second quarter of 2012 , the board of directors authorized the sale of our homecare business , which had previously been reported as part of the merchant gases operating segment . this business has been accounted for as a discontinued operation . in the third quarter of 2012 , we sold the majority of our homecare business to the linde group for sale proceeds of 20ac590 million ( $ 777 ) and recognized a gain of $ 207.4 ( $ 150.3 after-tax , or $ .70 per share ) . the sale proceeds included 20ac110 million ( $ 144 ) that was contingent on the outcome of certain retender arrangements . these proceeds were reflected in payables and accrued liabilities on our consolidated balance sheet as of 30 september 2013 . based on the outcome of the retenders , we were contractually required to return proceeds to the linde group . in the fourth quarter of 2014 , we made a payment to settle this liability and recognized a gain of $ 1.5 . during the third quarter of 2012 , an impairment charge of $ 33.5 ( $ 29.5 after-tax , or $ .14 per share ) was recorded to write down the remaining business , which was primarily in the united kingdom and ireland , to its estimated net realizable value . in the fourth quarter of 2013 , an additional charge of $ 18.7 ( $ 13.6 after-tax , or $ .06 per share ) was recorded to update our estimate of the net realizable value . in the first quarter of 2014 , we sold the remaining portion of the homecare business for a36.1 million ( $ 9.8 ) and recorded a gain on sale of $ 2.4 . we entered into an operations guarantee related to the obligations under certain homecare contracts assigned in connection with the transaction . refer to note 16 , commitments and contingencies , for additional information . the results of discontinued operations are summarized below: .

Table:
 | 2014 | 2013 | 2012
sales | $ 8.5 | $ 52.3 | $ 258.0
income before taxes | $ .7 | $ 3.8 | $ 68.1
income tax provision | 2014 | .2 | 20.8
income from operations of discontinued operations | .7 | 3.6 | 47.3
gain ( loss ) on sale of business and impairment/write-down net of tax | 3.9 | -13.6 ( 13.6 ) | 120.8
income ( loss ) from discontinued operations net of tax | $ 4.6 | $ -10.0 ( 10.0 ) | $ 168.1
the assets and liabilities classified as discontinued operations for the homecare business at 30 september 2013 consisted of $ 2.5 in trade receivables , net , and $ 2.4 in payables and accrued liabilities .
as of 30 september 2014 , no assets or liabilities were classified as discontinued operations. .

Question: considering the year 2014 , what is the percentage of income from operations of discontinued operations concerning income from discontinued operations net of tax?
Answer: 15.21%
Calculation: divide(.7, 4.6)
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
The fair value of the Company’s qualified pension plan assets by category for the years ended December 31, are as follows:
At December 31, 2019 our plan’s assets of $14.9 million were invested in five separate funds including a multiasset fund (32.4%), a diversified growth fund (32.6%), an index-linked gilt (13.0%), corporate bonds (14.0%), and insurance contracts (7%). The asset and growth funds aim to generate an ‘equity-like’ return over an economic cycle with significantly reduced volatility relative to equity markets and have scope to use a diverse range of asset classes, including equities, bonds, cash and alternatives, e.g. property, infrastructure, high yield bonds, floating rate debt, private, equity, hedge funds and currency. The bond fund and gilt fund are invested in index-linked gilts and corporate bonds. These investments are intended to provide a degree of protection against changes in the value of our plan’s liabilities related to changes in long-term expectations for interest rates and inflation expectations.
Table:
 |  | December 31, 2019 |  | 
 | Level 1 | Level 2 | Level 3 | Total
Multi-Asset Fund | $ — | $4,825 | $ — | $ 4,825
Diversified Growth Fund | — | 4,855 | — | 4,855
Index-Linked Gilts | — | 1,934 | — | 1,934
Corporate Bonds | — | 2,090 | — | 2,090
Insurance Contracts | — | — | 1,045 | 1,045
Cash | 154 | — | — | 154
Total | $154 | $13,704 | $1,045 | $14,903
 |  | December 31, 2018 |  | 
 | Level 1 | Level 2 | Level 3 | Total
Multi-Asset Fund | $ — | $4,570 | $— | $4,570
Diversified Growth Fund | — | 4,650 | — | 4,650
Index-Linked Gilts | — | 2,044 | — | 2,044
Corporate Bonds | — | 2,044 | — | 2,044
Insurance Contracts | — | — | 72 | 72
Cash | 53 | — | — | 53
Total | $53 | $13,308 | $72 | $13,433


Question: What was the total of the three highest assets in the Level 2 Category for 2019?
Answer: 11770
Calculation: 4,855+$4,825+2,090
(a) Description of segments and principal activities (continued)  The Group also conducts operations in the United States of America (“United States”), Europe and other regions, and holds investments (including investments in associates, investments in joint ventures, FVPL and FVOCI) in various territories. The geographical information on the total assets is as follows:
As at 31 December 2019, the total non-current assets other than financial instruments and deferred tax assets located in Mainland China and other regions amounted to RMB311,386 million (31 December 2018: RMB282,774 million) and RMB136,338 million (31 December 2018: RMB65,057 million), respectively.
All the revenues derived from any single external customer were less than 10% of the Group’s total revenues during the years ended 31 December 2019 and 2018.
Table:
 | As at 31 December | 
 | 2019 | 2018
 | RMB’Million | RMB’Million
Operating assets |  | 
– Mainland China | 345,721 | 270,373
– Others | 168,714 | 83,962
Investments |  | 
– Mainland China and Hong Kong | 289,491 | 254,992
– North America | 76,488 | 44,835
– Europe | 29,707 | 37,451
– Asia excluding Mainland China and Hong Kong | 40,139 | 30,148
– Others | 3,726 | 1,760
 | 953,986 | 723,521


Question: How much did the deferred tax assets located in Mainland China and other regions as at 31 December 2019 amount to?
Answer: RMB136,338 million
10. Accrued and Other Current Liabilities
Accrued and other current liabilities consisted of the following:
Table:
 |  | Fiscal Year End
 | 2019 | 2018
 |  | (in millions)
Accrued payroll and employee benefits | $  455 | $  565
Dividends payable to shareholders | 308 | 303
Restructuring reserves | 245 | 141
Income taxes payable | 94 | 109
Deferred revenue | 36 | 27
Interest payable | 31 | 34
Share repurchase program payable | 18 | 94
Other | 426 | 438
Accrued and other current liabilities | $ 1,613 | $  1,711


Question: In which year was the amount of Deferred revenue larger?
Answer: 2019
Calculation: 36>27
4. Income Taxes
Provision for Income Taxes
Income tax expense (benefit) is summarized below (in thousands):
Table:
 |  | Fiscal Year Ended August 31, | 
 | 2019 | 2018 | 2017
Current: |  |  | 
Domestic–federal | $(23,675) | $69,080 | $2,436
Domestic–state | 1,383 | 134 | 12
Foreign | 175,993 | 178,790 | 188,872
Total current | 153,701 | 248,004 | 191,320
Deferred: |  |  | 
Domestic–federal | (8,000) | (24,342) | 253
Domestic–state | (2,202) | 93 | 30
Foreign | 17,731 | 62,105 | (62,537)
Total deferred | 7,529 | 37,856 | (62,254)
Total income tax expense | $161,230 | $285,860 | $129,066


Question: What is the change in the company's domestic-state income tax expense (benefit) between 2018 and 2019?
Answer: 1249
Calculation: 1,383-134
Security Ownership of Certain Beneficial Owners and Management
The following table summarizes the beneficial owners of more than 5% of the Company’s voting securities and the securities of the Company beneficially owned by the Company’s directors and officers as of April 27, 2020.
Table:
Name and address of Beneficial Owner | Amount of Beneficial Ownership | Percent of Beneficial Ownership
Garo H. Armen (1) | 4,741,323 (2) | 36%
Robert B. Stein (1) | 502,500 (3) | 4%
Khalil Barrage (1) | 380,000 (4) | 3%
Alexander K. Arrow (1) | 671,799 (5) | 6%
Larry N. Feinberg 808 North St., Greenwich, CT 06831 | 800,000 (6) | 7%
Brian J. Corvese (1) | 145,000 (7) | 1%
David A. Lovejoy | 668,037 (8) | 6%
Josh Silverman (1) | 140,000 (9) | 1%
Strategic Bio Partners LLC (10) 777 Third Avenue 30th Floor New York, NY 10017 | 1,895,945 (11) | 17%
All directors and executive officers as a group (6 persons) | 6,580,622 (12) | 44%


Question: Who owns the largest percent of beneficial ownership?
Answer: Garo H. Armen
Calculation: Obtained from the table
16. Net Loss Per Share
Basic earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding during the period, less shares subject to repurchase, and excludes any dilutive effects of options, warrants and unvested restricted stock. Dilutive earnings per share is calculated by dividing net income by the weighted average number of common shares used in the basic earnings per share calculation plus the dilutive effect of shares subject to options, warrants and unvested restricted stock.
The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):
Potentially dilutive common shares from employee incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options, the assumed vesting of outstanding restricted stock units, and the assumed issuance of common stock under the ESPP. Weighted stock options outstanding with an exercise price higher than the Company's average stock price for the periods presented are excluded from the calculation of diluted net loss per share since the effect of including them would have been anti-dilutive due to the net loss position of the Company during the periods presented.
Table:
 |  | Year Ended | 
 | June 30,
2019 | June 30,
2018 | June 30,
2017
Net loss | $(25,853) | $(46,792) | $(1,744)
Weighted-average shares used in per share calculation - basic and diluted | 117,954 | 114,221 | 108,273
Net loss per share - basic and diluted | $(0.22) | $(0.40) | $(0.02)


Question: What was the percentage change in the basic and diluted net loss per share between 2018 and 2019?
Answer: -45
Calculation: (-0.22+0.40)/-0.40
4. SEGMENT INFORMATION
During the 2019 and 2018 financial years, the Group operated wholly within one business segment being the operation and management of storage centres in Australia and New Zealand.
The Managing Director is the Group’s chief operating decision maker and monitors the operating results on a portfolio wide basis. Monthly management reports are evaluated based upon the overall performance of NSR consistent with the presentation within the consolidated financial statements. The Group’s financing (including finance costs and finance income) are managed on a Group basis and not allocated to operating segments.
The operating results presented in the statement of profit or loss represent the same segment information as reported in internal management information.
The revenue information above excludes interest income and is based on the location of storage centres.
Table:
 | 2019 | 2018
 | $'000 | $'000
Revenue from external customers |  | 
Australia | 144,621 | 129,431
New Zealand | 13,036 | 8,912
Total | 157,657 | 138,343


Question: In which year was revenue from New Zealand under 10,000 thousands?
Answer: 2018
Calculation: locate and analyze revenue from New Zealand in row 5
the following table presents tower cash flow , adjusted consolidated cash flow and non-tower cash flow for the company and its restricted subsidiaries , as defined in the indentures for the applicable notes ( in thousands ) : .

Table:
tower cash flow for the three months ended december 31 2007 | $ 177724
consolidated cash flow for the twelve months ended december 31 2007 | $ 668123
less : tower cash flow for the twelve months ended december 31 2007 | -683200 ( 683200 )
plus : four times tower cash flow for the three months ended december 31 2007 | 710896
adjusted consolidated cash flow for the twelve months ended december 31 2007 | $ 695819
non-tower cash flow for the twelve months ended december 31 2007 | $ -48012 ( 48012 )
.

Question: what would annualized tower cash flow be based on the tower cash flow for the fourth quarter of 2007 , in thousands?
Answer: 710896
Calculation: multiply(177724, const_4)
Performance-Based Restricted Stock Units
Performance-based restricted stock units are eligible to vest at the end of each fiscal year in a three-year performance period based on the Company’s annual growth rate in net sales and non-GAAP diluted earnings per share (subject to certain adjustments) over a multiple of four times the related results for the fourth quarter of 2018 relative to the growth rates for a peer group of companies for the same metrics and periods.
For the performance-based restricted stock units granted in 2019, 60% of each performance-based award is subject to the net sales metric for the performance period and 40% is subject to the non-GAAP diluted earnings per share metric for the performance period. The maximum percentage for a particular metric is2 50% of the target number of units subject to the award related to that metric, however, vesting of the performance stock units is capped at 30% and 100%, respectively, of the target number of units subject to the award in years one and two, respectively, of the three-year performance period.
As of December 31, 2019, the Company believes that it is probable that the Company will achieve performance metrics specified in the award agreement based on its expected revenue and non-GAAP diluted EPS results over the performance period and calculated growth rates relative to its peers’ expected results based on data available, as defined in the award agreement.
A summary of the Company’s performance-based restricted stock unit activity is as follows:
(1) Number of shares granted is based on the maximum percentage achievable in the performance-based restricted stock unit award.
Table:
 | Number of Shares | Weighted-Average Grant-Date
 | (in thousands) | Fair Value per Share
Outstanding at December 31, 2018 | — | $—
Granted(1) | 445 | 22.21
Outstanding at December 31, 2019 | 445 | 22.21


Question: What is the number of shares Outstanding at December 31, 2019?
Answer: 445
Net finance cost was £47.2m for the year; a decrease of £1.2m on 2017/18. Net regular interest in the year was £40.5m, a decrease of £3.9m compared to the prior year. Consistent with recent years, the largest component of finance costs in the year was interest due to holders of the Group’s senior secured notes, which was £31.7m.
The interest on the senior secured notes was £0.5m lower compared to the prior year following the re-financing of the June 2021 £325m fixed rate notes at a coupon of 6.5% to the October 2023 £300m fixed rate notes to the slightly lower coupon of 6.25%. Bank debt interest of £5.1m was £2.1m lower in the year due to lower levels of average debt and a lower margin on the revolving credit facility following the refinancing completed in May 2018. Amortisation of debt issuance costs was £3.7m, £1.3m lower than the prior year due to lower transaction costs associated with the issue of the £300m 6.25% Fixed rate notes compared with the retired £325m 6.5% Fixed rate notes.
Write-off of financing costs and early redemption fees of £11.3m include a £5.7m fee related to the write-off of transaction costs associated with the senior secured fixed rate notes due March 2021, which were repaid during the year, and a £5.6m redemption fee associated with the early call of the March 2021 bond.
In the prior year, a £0.4m discount unwind credit relating to long-term property provisions held by the Group due to an increase in gilt yields was reflected in reported Net finance cost. In 2018/19, a discount unwind charge of £3.0m was included in the Net finance cost of £47.2m. Other interest income of £7.6m in the year relates to monies received from the Group’s associate Hovis Holdings Limited ('Hovis') and reflects the reversal of a previous impairment.
Table:
£m | 2018/19 | 2017/18 | Change
Senior secured notes interest | 31.7 | 32.2 | 0.5
Bank debt interest | 5.1 | 7.2 | 2.1
 | 36.8 | 39.4 | 2.6
Amortisation of debt issuance costs | 3.7 | 5.0 | 1.3
Net regular interest5 | 40.5 | 44.4 | 3.9
Fair value movements on interest rate financial instruments | – | (0.4) | (0.4)
Write-off of financing costs and early redemption fees | 11.3 | 4.0 | (7.3)
Discount unwind | 3.0 | (0.4) | (3.4)
Other finance income | (7.6) | – | 7.6
Other interest cost | – | 0.8 | 0.8
Net finance cost | 47.2 | 48.4 | 1.2


Question: What was the Net regular interest in 2018/19?
Answer: £40.5m
Stock-Based Compensation
A summary of our stock-based compensation expense is as follows (in thousands):
(1) Amount for the year ended December 31, 2018 includes $4.1 million of accelerated stock-based compensation expense. In March 2018, as
a result of a suspension of the 2014 Purchase Plan due to our non-timely filing status, all unrecognized stock-based compensation expense
related to ESPP under the 2014 Purchase Plan was accelerated and recognized within the consolidated statement of operations.
As of December 31, 2019, we had $29.5 million of unrecognized stock-based compensation expense related to
unvested stock-based awards, including ESPP under our Amended 2014 Purchase Plan, which will be recognized
over a weighted-average period of 2.6 years.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Stock-based compensation by type of award: |  |  | 
Stock options | $648 | $1,353 | $2,705
Stock awards | 14,882 | 10,445 | 11,421
Employee stock purchase rights(1) | 999 | 5,240 | 3,077
Total | $16,529 | $17,038 | $17,203
Stock-based compensation by category of expense: |  |  | 
Cost of revenue | $1,500 | $1,602 | $1,362
Sales and marketing | 5,765 | 5,667 | 6,075
Research and development | 6,039 | 6,631 | 6,343
General and administrative | 3,225 | 3,138 | 3,423
Total | $16,529 | $17,038 | $17,203


Question: What is the percentage change in stock based compensation on sales and marketing between 2018 and 2019?
Answer: 1.73
Calculation: (5,765 - 5,667)/5,667
Stock-based compensation expense is recognized in the Company’s consolidated statements of operations and includes compensation expense for the stock-based compensation awards granted or modified subsequent to January 1, 2006, based on the grant date fair value estimated in accordance with the provisions of the amended authoritative guidance. The impact on the Company’s results of operations of recording stock-based compensation expense for fiscal years 2019, 2018, and 2017 was as follows (in thousands):
No stock-based compensation was capitalized or included in inventories at the end of 2019, 2018 and 2017.
Table:
 |  | Fiscal Years | 
 | 2019 | 2018 | 2017
Cost of revenue | $78 | $129 | $121
Research and development | 2,242 | 760 | 614
Selling, general and administrative | 824 | 1,012 | 706
Total costs and expenses | $3,144 | $1,901 | $1,441


Question: What are the respective values of the stock-based compensation for selling, general and administrative in 2018 and 2019?
Answer: 1,012, 824
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
We have also recorded the following amounts to accumulated other comprehensive loss for the U.S. and non-U.S. pension plans, net of tax:
Table:
 | U.S.Pension Plans | Non-U.S.Pension Plans
 | Unrecognized Loss | Unrecognized Loss
Balance at January 1, 2018 | $75,740 | $1,898
Amortization of retirement benefits, net of tax | (4,538) | (126)
Settlements | — | —
Net actuarial gain | 6,732 | 196
Foreign exchange impact | — | (52)
Tax impact due to implementation of ASU 2018-02 | 17,560 | —
Balance at January 1, 2019 | $95,494 | $1,916
Amortization of retirement benefits, net of tax | (4,060) | (138)
Net actuarial (loss) gain | (2,604) | 78
Foreign exchange impact | — | 44
Balance at December 31, 2019 | $88,830 | $1,900


Question: What was the balance of Amortization of retirement benefits, net of tax for Non-U.S. Pension Plans?
Answer: (138)
The Company estimates the fair values of stock options using the Black-Scholes option-pricing model on the date of grant.For the years ended December 31, 2019 and 2018, the assumptions used in the Black-Scholes option pricing model, which was used to estimate the grant date fair value per option, were as follows:
The risk-free interest rate is the United States Treasury rate for the day of the grant having a term equal to the life of the equity instrument. The volatility is a measure of the amount by which the Company’s share price has fluctuated or is expected to fluctuate; the Company used its common stock volatility along with the average of historic volatilities of comparative companies. The dividend yield is zero as the Company has not made any dividend payment and has no plans to pay dividends in the foreseeable future. The Company determines the expected term of its stock option awards by using the simplified method, which assumes each vesting tranche of the award has a term equal to average of the contractual term and the vesting period.
As of December 31, 2019, total compensation cost not yet recognized related to unvested stock options was approximately $0.8 million, which is expected to be recognized over a weighted-average period of 2.3 years.
Table:
 | 2019 | 2018
 | Employee Grants | Employee Grants
Weighted-average Black-Scholes option pricing model assumptions: |  | 
Volatility | 73.01% | 82.00%
Expected term (in years) | 6 | 6
Risk-free rate | 2.22% | 2.24%
Expected dividend yield | 0.0% | 0.0%
Weighted average grant date fair value per share | $2.10 | $2.22


Question: What is the average expected dividend yield of the 2018 and 2019 employee grants?
Answer: 0
Calculation: ( 0 + 0)/2