hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Consolidated Statements of Comprehensive Income (Loss)
(Amounts in thousands)
(1) Fiscal years ended March 31, 2018 and 2017 adjusted due to the adoption of ASC 606.
(2) Fiscal year ended March 31, 2018 adjusted due to the adoption of ASC 606.
See accompanying notes to consolidated financial statements.
Table:
 |  | Fiscal Years Ended March 31, | 
 | 2019 | 2018 | 2017
Net income (1) | $206,587 | $254,127 | $47,157
Other comprehensive income (loss), net of tax: |  |  | 
Foreign currency translation gains (losses) (2) | (24,065) | 35,271 | (15,284)
Defined benefit pension plans | (927) | 167 | 163
Defined benefit post-retirement plan adjustments | (86) | (255) | 20
Equity interest in investee’s other comprehensive income (loss) | (11) | 5,584 | 1,440
Foreign exchange contracts | (588) | (1,753) | 3,274
Excluded component of fair value hedges | (2,249) | — | —
Other comprehensive income (loss) (2) | (27,926) | 39,014 | (10,387)
Total comprehensive income (1) | $178,661 | $293,141 | $36,770


Question: What was the percentage change in the Total comprehensive income between 2018 and 2019?
Answer: -39.05
Calculation: (178,661-293,141)/293,141
FRT Term Loan
On October 25, 2019, we entered into a $23.4 million three-year credit facility loan agreement (the "FRT Term Loan") with HSBC Trinkaus & Burkhardt AG, Germany, to fund the acquisition of FRT GmbH, which we acquired on October 9, 2019. See Note 4 for further details of the acquisition.
The FRT Term Loan bears interest at a rate equal to the Euro Interbank Offered Rate ("EURIBOR") plus 1.75 % per annum and will be repaid in quarterly installments of approximately $1.9 million plus interest beginning January 25, 2020.
The obligations under the FRT Term Loan are fully and unconditionally guaranteed by FormFactor, Inc.
The Credit Facility contains negative covenants customary for financing of this type, including covenants that place limitations on the incurrence of additional indebtedness, the creation of liens, the payment of dividends; dispositions; fundamental changes, including mergers and acquisitions; loans and investments; sale leasebacks; negative pledges; transactions with affiliates; changes in fiscal year; sanctions and anti-bribery laws and regulations, and modifications to charter documents in a manner materially adverse to the Lenders.
The FRT Term Loan also contains affirmative covenants and representations and warranties customary for financing of this type.
Future principal and interest payments on our term loans as of December 28, 2019, based on the interest rate in effect at that date were as follows (in thousands):
(1) Represents our minimum interest payment commitments at 1.35% per annum for the FRT Term Loan and 3.71% per annum for the CMI Term Loan.
Table:
 |  | Payments Due In Fiscal Year |  | 
 | 2020 | 2021 | 2022 | Total
Term loans - principal payments | $42,838 | $7,838 | $7,838 | $58,514
Term loans - interest payments(1) | 777 | 155 | 47 | 979
Total | $43,615 | $7,993 | $7,885 | $59,493


Question: When was FRT GmbH acquired?
Answer: October 9, 2019
The following is selected financial data for our reportable segments (in thousands):
ACI On Premise Segment Adjusted EBITDA decreased $2.6 million for the year ended December 31, 2019, compared to the same period in 2018, primarily due to a $5.2 million increase in cash operating expense, partially offset by a $2.6 million increase in revenue.
ACI On Demand Segment Adjusted EBITDA increased $54.5 million for the year ended December 31, 2019, compared to the same period in 2018, of which $46.4 million was due to the acquisition of Speedpay. Excluding the impact of the acquisition of Speedpay, ACI On Demand Segment Adjusted EBITDA increased $8.1 million, primarily due to a $18.3 million increase in revenue, partially offset by a $10.2 million increase in cash operating expense.
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Revenues |  | 
ACI On Premise | $579,334 | $576,755
ACI On Demand | 678,960 | 433,025
Total revenue | $ 1,258,294 | $ 1,009,780
Segment Adjusted EBITDA |  | 
ACI On Premise | $321,305 | $323,902
ACI On Demand | 66,501 | 12,015
Depreciation and amortization | (122,569 ) | (97,350 )
Stock-based compensation expense | (36,763 ) | (20,360 )
Corporate and unallocated expenses | (104,718 ) | (92,296 )
Interest, net | (52,066 ) | (30,388 )
Other, net | 520 | (3,724 )
Income before income taxes | $ 72,210 | $ 91,799
Depreciation and amortization |  | 
ACI On Premise | $ 11,992 | $ 11,634
ACI On Demand | 34,395 | 31,541
Corporate | 76,182 | 54,175
Total depreciation and amortization | $ 122,569 | $ 97,350
Stock-based compensation expense |  | 
ACI On Premise | $ 7,651 | $ 4,348
ACI On Demand | 7,995 | 4,338
Corporate and other | 21,117 | 11,674
Total stock-based compensation expense | $ 36,763 | $ 20,360


Question: What was the total stock-based compensation expense in 2019?
Answer: $ 36,763
Cash Flows
The following table provides a summary of cash flows from operating, investing and financing activities (in millions):
Operating Activities
The $57.2 million decrease in cash provided by operating activities in 2019 compared to 2018 is primarily related to the timing and amount of cash receipts for Trade receivables, net, higher payments primarily related to income taxes and incentive bonus, and the timing of payments for Trade accounts payable and other accrued liabilities. The $84.4 million increase in cash provided by operating activities in 2018 compared to 2017 was primarily related to increased earnings excluding the prior year effect of the Tax Reform Act and the timing and amount of cash receipts for Trade receivables, net.
Investing Activities
The $406.9 million increase in cash used in investing activities in 2019 compared to 2018 is primarily related to our D&B Investment and our acquisition of Compass Analytics. The $59.4 million increase in cash used in investing activities in 2018 compared to 2017 was primarily related to the HeavyWater and Ernst acquisitions and higher capital expenditures in 2018.
Financing Activities
The $455.1 million increase in cash provided by financing activities in 2019 compared to 2018 is primarily related to an incremental borrowing to fund our D&B Investment as well as fewer share repurchases. The $96.8 million decrease in cash used in financing activities in 2018 compared to 2017 was primarily related to tax distributions to BKFS LLC members and the senior notes redemption fee in 2017.
Table:
 | Year ended December 31, |  |  | Variance | 
 | 2019 | 2018 | 2017 | 2019 v. 2018 | 2018 v. 2017
Cash flows provided by operating activities | $378.3 | $435.5 | $351.1 | $(57.2) | $84.4
Cash flows used in investing activities | (551.0) | (144.1) | (84.7) | (406.9) | (59.4)
Cash flows provided by (used in) financing activities | 167.8 | (287.3) | (384.1) | 455.1 | 96.8
Net (decrease) increase in cash and cash equivalents | $(4.9) | $4.1 | $(117.7) | $(9.0) | $121.8


Question: What was the percentage change in Cash flows provided by operating activities between 2018 and 2019?
Answer: -13.13
Calculation: (378.3-435.5)/435.5
Fair Value Valuation Assumptions
Valuation of Stock Options
The fair value of stock options granted are principally estimated using a binomial-lattice model. The inputs in our binomial-lattice model include expected stock price volatility, risk-free interest rate, dividend yield, contractual term, and vesting schedule, as well as measures of employees’ cancellations, exercise, and post-vesting termination behavior. Statistical methods are used to estimate employee termination rates.
The following table presents the weighted-average assumptions, weighted average grant date fair value, and the range of expected stock price volatilities:
Expected life The expected life of employee stock options is a derived output of the binomial-lattice model and represents the weighted-average period the stock options are expected to remain outstanding. A binomial-lattice model assumes that employees will exercise their options when the stock price equals or exceeds an exercise multiple. The exercise multiple is based on historical employee exercise behaviors.
Volatility To estimate volatility for the binomial-lattice model, we consider the implied volatility of exchange-traded options on our stock to estimate short-term volatility, the historical volatility of our common shares during the option’s contractual term to estimate long-term volatility, and a statistical model to estimate the transition from short-term volatility to long-term volatility.
Risk-free interest rate As is the case for volatility, the risk-free interest rate is assumed to change during the option’s contractual term. The riskfree interest rate, which is based on U.S. Treasury yield curves, reflects the expected movement in the interest rate from one time period to the next (“forward rate”).
Dividend yield The expected dividend yield assumption is based on our historical and expected future amount of dividend payouts. Share-based compensation expense recognized is based on awards ultimately expected to vest and therefore has been reduced for estimated forfeitures. Forfeitures are estimated at the time of grant based on historical experience and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.
Table:
 |  | Employee and Director Options | 
 |  | For the Years Ended December 31, | 
 | 2019 | 2018 | 2017
Expected life (in years) | 7.85 | 7.64 | 7.01
Volatility | 30.00% | 32.37% | 35.00%
Risk free interest rate | 1.90% | 3.10% | 2.14%
Dividend yield | 0.76% | 0.61% | 0.50%
Weighted-average grant date fair value | $17.12 | $21.03 | $21.11
Stock price volatility range: |  |  | 
Low | 30.00% | 31.72% | 28.19%
High | 38.17% | 36.73% | 35.00%


Question: What was the change in risk free interest rate between 2017 and 2018?
Answer: 0.96
Calculation: 3.10%-2.14%
7. OTHER BALANCE SHEET AMOUNTS
The components of property and equipment, net is as follows (in thousands):
Depreciation expense for the years ended December 31, 2019, 2018, and 2017 was $11.8 million, $10.2 million, and $10.3 million, respectively.
Table:
 |  | December 31, | 
 | Useful Life | 2019 | 2018
Computer equipment and software | 3 – 5 years | $57,474 | $52,055
Furniture and fixtures | 7 years | 6,096 | 4,367
Leasehold improvements | 2 – 6 years | 22,800 | 9,987
Renovation in progress | n/a | 8 | 1,984
Build-to-suit property | 25 years | — | 51,058
Total property and equipment, gross |  | 86,378 | 119,451
Less: accumulated depreciation and amortization |  | (49,852) | (42,197)
Total property and equipment, net |  | $36,526 | $77,254


Question: What is the useful life of furniture and fixtures?
Answer: 7 years
Note 12. Current liabilities - trade and other payables
Accounting policy for trade and other payables 

These amounts represent liabilities for goods and services provided to the Group prior to the end of the financial year and which are unpaid. Due to their short-term nature they are measured at amortised cost and are not discounted. The amounts are unsecured and are usually paid within 30 days of recognition.
Deferred consideration 

The payable represents the obligation to pay consideration following the acquisition of a business or assets and is deferred based on passage of time. It is measured at the present value of the estimated liability.
Table:
Consolidated |  | 
 | 2019 | 2018
 | US$’000 | US$’000
Trade payables | 3,492 | 2,016
Deferred consideration | 888 | 643
Other payables | 11,898 | 9,488
 | 16,278 | 12,147


Question: What is the percentage increase in the total trade and other payables from 2018 to 2019?
Answer: 34.01
Calculation: (16,278-12,147)/12,147
Share-Based Payment Expense
The expense recognised for employee services received during the year is as follows:
The cash-settled expense comprises cash-based awards together with certain social security taxes. The carrying value of the liability as at 31 March 2019 was $1.6M (2018: $3.1M).
Table:
 | Year-ended 31 March 2019 | Year-ended 31 March 2018
 | $M | $M
Cash-settled transactions | 1.9 | 2.7
Equity-settled transactions | 35.0 | 39.6
Total share-based payment expense | 36.9 | 42.3


Question: What was the carrying value of the liability in 2019?
Answer: $1.6M
GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
15. Vessel Operating and Supervision Costs
An analysis of vessel operating and supervision costs is as follows:
Table:
 |  | For the year ended December 31, | 
 | 2017 | 2018 | 2019
Crew wages and vessel management employee costs | 72,652 | 79,624 | 80,713
Technical maintenance expenses | 28,736 | 28,694 | 37,653
Other vessel operating expenses | 21,098 | 19,766 | 21,296
Total | 122,486 | 128,084 | 139,662


Question: In which year was the crew wages and vessel management employee costs the lowest?
Answer: 2017
Calculation: 72,652 < 79,624 < 80,713
performance graph the performance graph below shows the five-year cumulative total stockholder return on applied common stock during the period from october 28 , 2007 through october 28 , 2012 . this is compared with the cumulative total return of the standard & poor 2019s 500 stock index and the rdg semiconductor composite index over the same period . the comparison assumes $ 100 was invested on october 28 , 2007 in applied common stock and in each of the foregoing indices and assumes reinvestment of dividends , if any . dollar amounts in the graph are rounded to the nearest whole dollar . the performance shown in the graph represents past performance and should not be considered an indication of future performance . comparison of 5 year cumulative total return* among applied materials , inc. , the s&p 500 index and the rdg semiconductor composite index * $ 100 invested on 10/28/07 in stock or 10/31/07 in index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2012 s&p , a division of the mcgraw-hill companies inc . all rights reserved. .

Table:
 | 10/28/2007 | 10/26/2008 | 10/25/2009 | 10/31/2010 | 10/30/2011 | 10/28/2012
applied materials | 100.00 | 61.22 | 71.06 | 69.23 | 72.37 | 62.92
s&p 500 index | 100.00 | 63.90 | 70.17 | 81.76 | 88.37 | 101.81
rdg semiconductor composite index | 100.00 | 54.74 | 68.59 | 84.46 | 91.33 | 82.37
dividends during fiscal 2012 , applied 2019s board of directors declared three quarterly cash dividends in the amount of $ 0.09 per share each and one quarterly cash dividend in the amount of $ 0.08 per share .
during fiscal 2011 , applied 2019s board of directors declared three quarterly cash dividends in the amount of $ 0.08 per share each and one quarterly cash dividend in the amount of $ 0.07 per share .
during fiscal 2010 , applied 2019s board of directors declared three quarterly cash dividends in the amount of $ 0.07 per share each and one quarterly cash dividend in the amount of $ 0.06 .
dividends declared during fiscal 2012 , 2011 and 2010 amounted to $ 438 million , $ 408 million and $ 361 million , respectively .
applied currently anticipates that it will continue to pay cash dividends on a quarterly basis in the future , although the declaration and amount of any future cash dividends are at the discretion of the board of directors and will depend on applied 2019s financial condition , results of operations , capital requirements , business conditions and other factors , as well as a determination that cash dividends are in the best interests of applied 2019s stockholders .
10/28/07 10/26/08 10/25/09 10/31/10 10/30/11 10/28/12 applied materials , inc .
s&p 500 rdg semiconductor composite .

Question: what is the roi of s&p500 if the investment takes place in october 2007 and it is sold in october 2010?
Answer: 18.24%
Calculation: subtract(81.76, 100), divide(#0, 100)
Cash flows
The following table summarizes our cash flow activities in fiscal 2019 compared to fiscal 2018.
Our cash flow activities in fiscal 2018 compared to fiscal 2017 were discussed under Liquidity, Capital Resources and Cash Requirement in Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations included in our Annual Report on Form 10-K for the fiscal year ended March 30, 2018.
Table:
 | Fiscal Year | 
(In millions) | 2019 | 2018
Net cash provided by (used in): |  | 
Operating activities | $1,495 | $957
Investing activities | $(241) | $(21)
Financing activities | $(1,209) | $(3,475)
Increase (decrease) in cash and cash equivalents | $17 | $(2,473)


Question: What is date of the end of fiscal 2018?
Answer: March 30, 2018
GWL Corporate Free Cash Flow(1)
Following the reorganization of Choice Properties to GWL, management evaluates the cash generating capabilities of GWL Corporate(2) based on the various cash flow streams it receives from its operating subsidiaries. As a result, the GWL Corporate free cash flow(1) is based on the dividends received from Loblaw, distributions received from Choice Properties and net cash flow contributions received from Weston Foods less corporate expenses, interest and income taxes paid. Lease payments are excluded from the calculation of GWL Corporate free cash flow(1) to normalize for the impact of the implementation of IFRS 16.
(i) Included in Other and Intersegment, GWL Corporate includes all other company level activities that are not allocated to the reportable operating segments, such as net interest expense, corporate activities and administrative costs. Also included are preferred share dividends paid.
Table:
For the quarters and years ended December 31 | Quarters ended |  | Yeas ended | 
($ millions) | 2019 | 2018 | 2019 | 2018
Weston Foods adjusted EBITDA(1) | 56 | 59 | 223 | 233
Weston Foods capital expenditures | (70) | (91) | (194) | (212)
Distributions from Choice Properties | 82 | 43 | 325 | 43
Dividends from Loblaw | – | – | 233 | 212
Weston Foods income taxes paid | – | (2) | (7) | (32)
Other | 64 | 21 | (41) | (23)
GWL Corporate cash flow from operating businesses (1) | 132 | 30 | 539 | 221
GWL Corporate and financing costs (i) | (24) | (33) | (109) | (108)
Income taxes paid | (4) | (2) | (19) | (14)
GWL Corporate free cash flow (1) | 104 | (5) | 411 | 99


Question: What is the GWL Corporate free cash flow based on?
Answer: based on the dividends received from Loblaw, distributions received from Choice Properties and net cash flow contributions received from Weston Foods less corporate expenses, interest and income taxes paid
Consolidated Results
Net Revenues by Distribution Channel
The following table details our consolidated net revenues by distribution channel (amounts in millions):
(1) Net revenues from “Digital online channels” include revenues from digitally-distributed subscriptions, downloadable content, microtransactions, and products, as well as licensing royalties.
(2) Net revenues from “Other” primarily includes revenues from our Distribution business and the Overwatch League.
Digital Online Channel Net Revenues The decrease in net revenues from digital online channels for 2019, as compared to 2018, was primarily due to: • lower revenues recognized from the Destiny franchise (reflecting our sale of the publishing rights for Destiny to Bungie in December 2018); and • lower revenues recognized from Hearthstone.
Retail Channel Net Revenues The decrease in net revenues from retail channels for 2019, as compared to 2018, was primarily due to: • lower revenues recognized from Call of Duty: Black Ops 4, which was released in October 2018, as compared to Call of Duty: WWII, which was released in November 2017; • lower revenues recognized from the Destiny franchise; and • lower revenues from Crash Bandicoot™ N. Sane Trilogy, which was released on the Xbox One, PC, and Nintendo Switch in June 2018.
The decrease was partially offset by: • revenues recognized from Crash Team Racing Nitro-Fueled, which was released in June 2019; • revenues from Sekiro: Shadows Die Twice, which was released in March 2019; and • higher revenues recognized from Call of Duty: Modern Warfare, which was released in October 2019, as compared to Call of Duty: Black Ops 4.
Table:
 |  | For the Years Ended December 31, |  | 
 | 2019 | 2018 | Increase/ (decrease) | % Change
Net revenues by distribution channel: |  |  |  | 
Digital online channels (1) | $4,932 | $5,786 | $(854) | (15)%
Retail channels | 909 | 1,107 | (198) | (18)
Other (2) | 648 | 607 | 41 | 7
Total consolidated net revenues | $6,489 | $7,500 | $(1,011) | (13)


Question: What does Net revenues from “Other” include?
Answer: revenues from our Distribution business and the Overwatch League.
2. Other operating income
Gains from the disposal of fixed assets and gains from the reversal of impairment losses includes €354 million of income from the disposal of real estates (2017/18: €137 million) and €5 million of income from reversal of impairment losses (2017/18: €4 million). Project developments and sale-and-leaseback transactions contributed to the real estate transactions.
The income from logistics services provided by METRO LOGISTICS to companies intended for disposal and non-group companies is offset by expenses from logistics services, which are reported under other operating expenses.
The other operating income includes cost allocations and cost shares as well as a great number of insignificant individual items.
Disclosures on companies intended for sale can be found under no. 43 – discontinued business sectors page 266 .
Table:
€ million | 2017/2018 | 2018/2019
Gains from the disposal of fixed assets and gains from the reversal of impairment losses | 145 | 360
Income from logistics services | 285 | 257
Services | 251 | 250
Rents incl. reimbursements of subsidiary rental costs | 268 | 236
Services rendered to suppliers | 111 | 103
Miscellaneous | 211 | 198
 | 1,271 | 1,405


Question: What was the change in Miscellaneous in 2018/2019 from 2017/2018?
Answer: -13
Calculation: 198-211
10. Creditors: amounts falling due within one year
Trade creditors are non-interest bearing and are normally settled on 30 to 60-day terms. Other creditors are non-interest bearing.
The Directors consider that the carrying amount of trade creditors approximates their fair value.
Table:
 |  | 2019 | 2018
 | Notes | £ million | £ million
Trade creditors |  | 2.3 | 1.4
Owed to subsidiaries |  | 90.4 | 84.8
Accruals |  | 5.1 | 4.5
Deferred income |  | 3.2 | 4.4
Lease liabilities | 14 | 0.1 | –
Other taxes and social security costs |  | 0.4 | 0.5
Government grants | 12 | 0.7 | 0.3
 |  | 102.2 | 95.9


Question: What is the value of deferred income in 2019?
Answer: 3.2