hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Total Deferred Revenue
The adoption of ASC Topic 606 required a change to the definition of unbilled deferred revenue and new qualitative and quantitative disclosures around our performance obligations. Unbilled deferred revenue represents contractually stated or committed orders under early renewal and multi-year billing plans primarily for subscription, services and maintenance for which the associated deferred revenue has not been recognized. Under ASC Topic 606, unbilled deferred revenue is not included as a receivable or deferred revenue on our Consolidated Balance Sheet. See Part II, Item 8, Note 2, “Revenue Recognition” for more details on Autodesk's performance obligations.
We expect that the amount of billed and unbilled deferred revenue will change from quarter to quarter for several reasons, including the specific timing, duration and size of customer subscription and support agreements, varying billing cycles of such agreements, the specific timing of customer renewals, and foreign currency fluctuations
Table:
 | January 31, 2019 |  | January 31, 2018
(in millions) | ASC 606 | ASC 605 | ASC 605
Deferred revenue | $2,091.4 | $2,269.2 | $1,955.1
Unbilled deferred revenue | 591.0 | 491.6 | 326.4
Total deferred revenue | $2,682.4 | $2,760.8 | $2,281.5


Question: What is the unbilled deferred revenue as of January 31, 2018? 
Answer: 326.4
Purchased Intangible Assets
Purchased intangible assets include core and developed technology, in-process research and development, customer-related intangibles, acquisition-date backlog and other intangible assets. The estimated fair values of the core and developed technology and in-process research and development were determined based on the present value of the expected cash flows to be generated by the respective existing technology or future technology. The core and developed technology intangible assets are being amortized in a manner based on the expected cash flows used in the initial determination of fair value. In-process research and development is capitalized until such time as the related projects are completed or abandoned at which time the capitalized amounts will begin to be amortized or written off. Customer-related intangible assets consist of Atmel's contractual relationships and customer loyalty related to its distributor and end-customer relationships, and the fair values of the customerrelated intangibles were determined based on Atmel's projected revenues. An analysis of expected attrition and revenue growth for existing customers was prepared from Atmel's historical customer information. Customer relationships are being amortized in a manner based on the estimated cash flows associated with the existing customers and anticipated retention rates. Backlog relates to the value of orders not yet shipped by Atmel at the acquisition date, and the fair values were based on the estimated profit associated with those orders. Backlog related assets had a one year useful life and were being amortized on a straight line basis over that period. The total weighted average amortization period of intangible assets acquired as a result of the Atmel transaction is 9 years. Amortization expense associated with acquired intangible assets is not deductible for tax purposes. Thus, approximately $178.1 million was established as a net deferred tax liability for the future amortization of the intangible assets.
Table:
 | Weighted Average Useful Life | April 4, 2016
 | (in years) | (in millions)
Core and developed technology | 11 | $1,075.0
In-process research and development | — | 140.7
Customer-related | 6 | 630.6
Backlog | 1 | 40.3
Other | 5 | 1.8
Total purchased intangible assets |  | $1,888.4


Question: What did purchased intangible assets include?
Answer: core and developed technology, in-process research and development, customer-related intangibles, acquisition-date backlog and other intangible assets.
3. EARNINGS PER SHARE:
Basic earnings per share available to common shareholders is calculated by dividing net income less preferred stock dividend requirements by the weighted average common shares outstanding for each period. Diluted earnings per share available to common shareholders is calculated by dividing income from operations less preferred stock dividend requirements (when anti-dilutive) by the sum of the weighted average common shares outstanding and the weighted average dilutive equity awards.
Table:
 | For Fiscal Years | 
 | 2019 Basic | 2018 Basic
Weighted average common shares outstanding | 597,961 | 660,925
Net income available to common shareholders | $3,202,943 | $3,614,610
Net earnings per share available to common shareholders | $5.36 | $5.47


Question: How is diluted earnings per share available to common shareholders calculated?
Answer: dividing income from operations less preferred stock dividend requirements (when anti-dilutive) by the sum of the weighted average common shares outstanding and the weighted average dilutive equity awards.
Equity Compensation Plan Information
The following table summarizes share and exercise price information for our equity compensation plans as of December 31, 2019.
(1) Includes 105,000 shares of our common stock issuable upon exercise of outstanding stock options and 340,000 shares issuable upon vesting of outstanding restricted stock units.
(2) Represents an individual option grant to our Chairman and Chief Executive Officer outside of, and prior to the establishment of, the 2013 Stock Incentive Plan in October 2013 referred to in the above table. The option agreement pertaining to such option grant contain customary anti-dilution provisions.
(3) Does not take into account outstanding restricted stock units as these awards have no exercise price.
Our 2013 Stock Incentive Plan (“2013 Plan”) provides for the grant of any or all of the following types of awards: (a) stock options, (b) restricted stock, (c) deferred stock, (d) stock appreciation rights, and (e) other stock-based awards including restricted stock units. Awards under the 2013 Plan may be granted singly, in combination, or in tandem. Subject to standard anti-dilution adjustments as provided in the 2013 Plan, the 2013 Plan provides for an aggregate of 2,600,000 shares of our common stock to be available for distribution pursuant to the 2013 Plan. The Compensation Committee (or the Board of Directors) will generally have the authority to administer the 2013 Plan, determine participants who will be granted awards under the 2013 Plan, the size and types of awards, the terms and conditions of awards and the form and content of the award agreements representing awards. Awards under the 2013 Plan may be granted to our employees, directors and consultants. As of December 31, 2019, there were options to purchase an aggregate of 605,000 shares of common stock outstanding and 340,000 shares issuable upon vesting of outstanding restricted stock units granted under the 2013 Plan, and a balance of 1,780,505 shares of common stock are reserved for issuance under the 2013 Plan.
Table:
 | Number of securities to be issued upon exercise of outstanding options and rights | Weighted-average exercise price of outstanding options and rights | Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column(a))
 | (a) | (b) | (c)
Equity compensation plans approved by security holders | 445,000(1) | $2.34(3) | 1,780,505
Equity compensation plans not approved by security holders | 500,000(2) | $1.19 | —
Total | 945,000 | $1.39(3) | 1,780,505


Question: What is the proportion of equity compensation plans approved by security holders to the total number of securities to be issued upon exercise of outstanding options and rights?
Answer: 0.47
Calculation: 445,000/945,000
The following table sets forth the breakdown of revenues by category and segment. Travel revenue includes travel publications (Top 20, Website, Newsflash, Travelzoo Network), Getaway vouchers and hotel platform. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings) (in thousands).
Revenue by geography is based on the billing address of the advertiser. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned.
Table:
Year Ended December 31, |  | 
 | 2019 | 2018
Asia Pacific |  | 
Travel | $6,274 | $7,351
Local | 216 | 508
Total Asia Pacific revenues | 6,490 | 7,859
Europe |  | 
Travel | 32,081 | 30,856
Local | 4,817 | 5,293
Total Europe revenues | 36,898 | 36,149
North America |  | 
Travel | 57,863 | 56,145
Local | 10,161 | 11,169
Total North America revenues | 68,024 | 67,314
Consolidated |  | 
Travel | 96,218 | 94,352
Local | 15,194 | 16,970
Total revenues | $111,412 | 111,322


Question: What is the total Asia Pacific revenues in 2019 and 2018 respectively?
Answer: 6,490, 7,859
Services
Teradyne services consist of extended warranties, training and application support, service agreement, post contract customer support (“PCS”) and replacement parts. Each service is recognized based on relative standalone selling price. Extended warranty, training and support, service agreements and PCS are recognized over time based on the period of service. Replacement parts are recognized at a point in time upon transfer of control to the customer.
Teradyne does not allow customer returns or provide refunds to customers for any products or services. Teradyne products include a standard 12-month warranty. This warranty is not considered a distinct performance obligation because it does not obligate Teradyne to provide a separate service to the customer and it cannot be purchased separately. Cost related to warranty are included in cost of revenues when product revenues are recognized.
As of December 31, 2019 and 2018, deferred revenue and customer advances consisted of the following and are included in the short and long-term deferred revenue and customer advances:
Table:
 | 2019 | 2018
 | (in thousands) | 
Maintenance, service and training | $63,815 | $58,362
Extended warranty | 30,677 | 27,422
Customer advances, undelivered elements and other | 56,358 | 24,677
Total deferred revenue and customer advances | $150,850 | $110,461


Question: What was the change in Extended warranty from 2018 to 2019?
Answer: 3255
Calculation: 30,677-27,422
entergy corporation and subsidiaries notes to financial statements liability to $ 60 million , and recorded the $ 2.7 million difference as a credit to interest expense . the $ 60 million remaining liability was eliminated upon payment of the cash portion of the purchase price . as of december 31 , 2016 , entergy louisiana , in connection with the waterford 3 lease obligation , had a future minimum lease payment ( reflecting an interest rate of 8.09% ( 8.09 % ) ) of $ 57.5 million , including $ 2.3 million in interest , due january 2017 that is recorded as long-term debt . in february 2017 the leases were terminated and the leased assets were conveyed to entergy louisiana . grand gulf lease obligations in 1988 , in two separate but substantially identical transactions , system energy sold and leased back undivided ownership interests in grand gulf for the aggregate sum of $ 500 million . the initial term of the leases expired in july 2015 . system energy renewed the leases for fair market value with renewal terms expiring in july 2036 . at the end of the new lease renewal terms , system energy has the option to repurchase the leased interests in grand gulf or renew the leases at fair market value . in the event that system energy does not renew or purchase the interests , system energy would surrender such interests and their associated entitlement of grand gulf 2019s capacity and energy . system energy is required to report the sale-leaseback as a financing transaction in its financial statements . for financial reporting purposes , system energy expenses the interest portion of the lease obligation and the plant depreciation . however , operating revenues include the recovery of the lease payments because the transactions are accounted for as a sale and leaseback for ratemaking purposes . consistent with a recommendation contained in a ferc audit report , system energy initially recorded as a net regulatory asset the difference between the recovery of the lease payments and the amounts expensed for interest and depreciation and continues to record this difference as a regulatory asset or liability on an ongoing basis , resulting in a zero net balance for the regulatory asset at the end of the lease term . the amount was a net regulatory liability of $ 55.6 million and $ 55.6 million as of december 31 , 2016 and 2015 , respectively . as of december 31 , 2016 , system energy , in connection with the grand gulf sale and leaseback transactions , had future minimum lease payments ( reflecting an implicit rate of 5.13% ( 5.13 % ) ) that are recorded as long-term debt , as follows : amount ( in thousands ) .

Table:
 | amount ( in thousands )
2017 | $ 17188
2018 | 17188
2019 | 17188
2020 | 17188
2021 | 17188
years thereafter | 257812
total | 343752
less : amount representing interest | 309393
present value of net minimum lease payments | $ 34359
.

Question: what portion of the total future minimum lease payments is used for interest in connection with the grand gulf sale and leaseback transactions?
Answer: 90%
Calculation: divide(309393, 343752)
2 Alternative performance measures continued
Return on capital employed (ROCE)
ROCE measures effective management of fixed assets and working capital relative to the profitability of the business. It is calculated as adjusted operating profit divided by average capital employed. More information on ROCE can be found in the Capital Employed and ROCE sections of the Financial Review on page 57.
An analysis of the components is as follows:
Table:
 | 2019 | 2018
 | £m | £m
Property, plant and equipment | 251.2 | 230.8
Right-of-use assets (IFRS 16) | 40.8 | –
Prepayments | 0.9 | 6.2
Inventories | 185.9 | 160.6
Trade receivables | 240.7 | 245.1
Other current assets | 35.3 | 32.9
Tax recoverable | 8.4 | 4.6
Trade, other payables and current provisions | (178.3) | (172.0)
Current tax payable | (26.7) | (23.7)
Capital employed | 558.2 | 484.5
Average capital employed | 521.4 | 482.2
Average capital employed (excluding IFRS 16) | 501.0 | 482.2
Operating profit | 245.0 | 299.1
Adjustments (see adjusted operating profit on page 160) | 37.7 | (34.2)
Adjusted operating profit | 282.7 | 264.9
Adjusted operating profit (excluding IFRS 16) | 281.4 | 264.9
Return on capital employed | 54.2% | 54.9%
Return on capital employed (excluding IFRS 16) | 56.2% | 54.9%


Question: What does ROCE measure?
Answer: effective management of fixed assets and working capital relative to the profitability of the business
INCOME TAX EXPENSE
Below is a summary of the difference between income tax expense computed by applying the statutory income tax rate to income before income tax expense and the actual income tax expense for the year.
Our effective income tax rate this year was 25.8% compared to 26.9% for 2018. The effective income tax rate for 2019 was lower than the statutory tax rate primarily as a result of a reduction to the Alberta corporate income tax rate over a four-year period.
Cash income taxes paid increased this year primarily as a result of the timing of installment payments.
Table:
 | Years ended December31 | 
(In millions of dollars, except tax rates) | 2019 | 2018
Statutory income tax rate | 26.7% | 26.7%
Income before income tax expense | 2,755 | 2,817
Computed income tax expense | 736 | 752
Increase (decrease) in income tax expense resulting from: |  | 
Non-deductible stock-based compensation | – | 5
Non-deductible portion of equity losses | 7 | 1
Income tax adjustment, legislative tax change | (23) | -
Non-taxable portion of capital gains | (2) | (9)
Other items | (6) | 9
Total income tax expense | 712 | 758
Effective income tax rate | 25.8% | 26.9%
Cash income taxes paid | 400 | 370


Question: What was the reason was decrease in effective tax rate from 2019 to 2018?
Answer: result of a reduction to the Alberta corporate income tax rate over a four-year period
Note 16. Share-Based Compensation
Share-Based Compensation Expense
The following table presents the details of the Company's share-based compensation expense (in millions):
(1) During the year ended March 31, 2019, $17.2 million of share-based compensation expense was capitalized to inventory, and $14.9 million of previously capitalized share-based compensation expense in inventory was sold. During the year ended March 31, 2018, $11.9 million of share-based compensation expense was capitalized to inventory and $13.8 million of previously capitalized share-based compensation expense in inventory that was sold. During the year ended March 31, 2017, $11.3 million of share-based compensation expense was capitalized to inventory. The amount of sharebased compensation included in cost of sales during fiscal 2017 included $14.5 million of previously capitalized sharebased compensation expense in inventory was sold and $4.2 million of share-based compensation expense related to the Company's acquisition of Atmel that was not previously capitalized into inventory.
The amount of unearned share-based compensation currently estimated to be expensed in the remainder of fiscal 2020 through fiscal 2024 related to unvested share-based payment awards at March 31, 2019 is $253.4 million. The weighted average period over which the unearned share-based compensation is expected to be recognized is approximately 1.88 years.
Table:
 |  | Year Ended March 31, | 
 | 2019 | 2018 | 2017
Cost of sales (1) | $14.9 | $13.8 | $18.7
Research and development | 72.0 | 42.5 | 46.8
Selling, general and administrative | 62.3 | 36.9 | 62.6
Special (income) charges and other, net | 17.2 | — | —
Pre-tax effect of share-based compensation | 166.4 | 93.2 | 128.1
Income tax benefit | 35.5 | 28.3 | 44.2
Net income effect of share-based compensation | $130.9 | $64.9 | $83.9


Question: Which years does the table provide information for the details of the Company's share-based compensation expense?
Answer: 2019, 2018, 2017
FREE CASH FLOW AND DIVIDEND PAYOUT RATIO
The terms free cash flow and dividend payout ratio do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other issuers.
We define free cash flow as cash flows from operating activities, excluding acquisition and other costs paid (which include significant litigation costs) and voluntary pension funding, less capital expenditures, preferred share dividends and dividends paid by subsidiaries to NCI. We exclude acquisition and other costs paid and voluntary pension funding because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. Excluding these items does not imply they are non-recurring.
We consider free cash flow to be an important indicator of the financial strength and performance of our businesses because it shows how much cash is available to pay dividends on common shares, repay debt and reinvest in our company. We believe that certain investors and analysts use free cash flow to value a business and its underlying assets and to evaluate the financial strength and performance of our businesses. The most comparable IFRS financial measure is cash flows from operating activities.
We define dividend payout ratio as dividends paid on common shares divided by free cash flow. We consider dividend payout ratio to be an important indicator of the financial strength and performance of our businesses because it shows the sustainability of the company’s dividend payments.
The following table is a reconciliation of cash flows from operating activities to free cash flow on a consolidated basis.
Table:
 | 2019 | 2018
Cash flows from operating activities | 7,958 | 7,384
Capital expenditures | (3,988) | (3,971)
Cash dividends paid on preferred shares | (147) | (149)
Cash dividends paid by subsidiaries to NCI | (65) | (16)
Acquisition and other costs paid | 60 | 79
Voluntary DB pension plan contribution | – | 240
Free cash flow | 3,818 | 3,567


Question: Why is free cash flow considered an important indicator of the financial strength and performance of BCE's businesses?
Answer: because it shows how much cash is available to pay dividends on common shares, repay debt and reinvest in our company
5.1.3 Consolidated Shipments and Net Revenue in 2019 and 2018
Unit: Shipments (thousand 12-inch equivalent wafers) / Net Revenue (NT$ thousands)
Note 1: Domestic means sales to Taiwan. Note 2: Others mainly include revenue associated with packaging and testing services, mask making, design services, and royalties.
Note 3: Commencing in 2018, the Company began to break down the net revenue by product based on a new method which associates most estimated sales returns and allowances with individual sales transactions, as opposed to the previous method which allocated sales returns and allowances based on the aforementioned gross revenue. The Company believes the new method provides a more relevant breakdown than the previous one.
Table:
 |  | 2019 |  | 2018 | 
 |  | Shipments | Net Revenue (Note 3) | Shipments | Net Revenue (Note 3)
Wafer | Domestic (Note 1) | 1,678 | 91,259,259 | 1,575 | 81,718,513
 | Export | 8,390 | 836,058,092 | 9,177 | 829,577,851
Others (Note 2) | Domestic (Note 1) | N/A | 8,835,783 | N/A | 8,398,094
 | Export | N/A | 133,832,314 | N/A | 111,779,099
Total | Domestic (Note 1) | 1,678 | 100,095,042 | 1,575 | 90,116,607
 | Export | 8,390 | 969,890,406 | 9,177 | 941,356,950


Question: What is meant by Domestic?
Answer: sales to Taiwan
Basic and Diluted Net Income Per Share
Basic net income per share is computed using net income divided by the weighted average number of shares of common stock
outstanding (“Weighted Shares”) for the period presented.
Diluted net income per share is computed using net income divided by Weighted Shares and the treasury stock method effect of common equivalent shares (“CESs”) outstanding for each period presented. In the following table, we present a reconciliation of earnings per share and the shares used in the computation of earnings per share for the years ended December 31, 2019, 2018 and 2017 (in thousands, except per share data):
common equivalent shares (“CESs”) outstanding for each period presented. In the following table, we present a reconciliation of
earnings per share and the shares used in the computation of earnings per share for the years ended December 31, 2019, 2018 and
2017 (in thousands, except per share data):
The number of anti-dilutive CESs in 2019, 2018 and 2017 was immaterial. See Note 2 for further information on those securities.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands, except per share data)    | 
Net income    | $ 85,762 | $ 104,690 | $ 116,481
Earnings per share： |  |  | 
Basic    | $ 1.33 | $ 1.58 | $ 1.68
Effect of CESs      | (0.01 )    | - | -
Diluted    | $ 1.32 | $ 1.58 | $ 1.68
Weighted average number of shares: |  |  | 
Basic      | 64,397 | 66,201 | 69,175
Effect of CESs      | 706 | 233 | 249
Diluted      | 65,103 | 66,434 | 69,424


Question: What is the basic number of shares in 2017?
Answer: 69,175