hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
page 78 of 98 notes to consolidated financial statements ball corporation and subsidiaries 17 . financial instruments and risk management ( continued ) at december 31 , 2006 , the company had outstanding interest rate swap agreements in europe with notional amounts of 20ac135 million paying fixed rates . approximately $ 4 million of net gain associated with these contracts is included in accumulated other comprehensive loss at december 31 , 2006 , of which $ 0.8 million is expected to be recognized in the consolidated statement of earnings during 2007 . approximately $ 1.1 million of net gain related to the termination or deselection of hedges is included in accumulated other comprehensive loss at december 31 , 2006 . the amount recognized in 2006 earnings related to terminated hedges was insignificant . the fair value of all non-derivative financial instruments approximates their carrying amounts with the exception of long-term debt . rates currently available to the company for loans with similar terms and maturities are used to estimate the fair value of long-term debt based on discounted cash flows . the fair value of derivatives generally reflects the estimated amounts that we would pay or receive upon termination of the contracts at december 31 , 2006 , taking into account any unrealized gains and losses on open contracts. .

Table:
( $ in millions ) | 2006 carryingamount | 2006 fairvalue | 2006 carryingamount | fair value
long-term debt including current portion | $ 2311.6 | $ 2314.1 | $ 1482.9 | $ 1496.6
unrealized gain ( loss ) on derivative contracts | 2013 | 3.7 | 2013 | -0.1 ( 0.1 )
foreign currency exchange rate risk our objective in managing exposure to foreign currency fluctuations is to protect foreign cash flows and earnings from changes associated with foreign currency exchange rate changes through the use of cash flow hedges .
in addition , we manage foreign earnings translation volatility through the use of foreign currency options .
our foreign currency translation risk results from the european euro , british pound , canadian dollar , polish zloty , serbian dinar , brazilian real , argentine peso and chinese renminbi .
we face currency exposures in our global operations as a result of purchasing raw materials in u.s .
dollars and , to a lesser extent , in other currencies .
sales contracts are negotiated with customers to reflect cost changes and , where there is not a foreign exchange pass-through arrangement , the company uses forward and option contracts to manage foreign currency exposures .
such contracts outstanding at december 31 , 2006 , expire within four years and there are no amounts included in accumulated other comprehensive loss related to these contracts. .

Question: approximately what percent of the net gain on hedging in aoci at 12/31/06 is expected to impact net income during 2007?
Answer: 20%
Calculation: divide(0.8, 4)
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)
9. Trade and Other Receivables
Trade and other receivables consist of the following:
Trade and other receivables are amounts due from third parties for services performed in the ordinary course of business. They are generally due for settlement immediately and therefore are all classified as current. Trade and other receivables are recognized initially at the amount of consideration that is unconditional unless they contain certain significant financing components, at which point they are recognized at fair value. The Group holds the trade receivables with the objective to collect the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest rate method.
Accrued income represents net revenues receivable from charterers, which have not yet been invoiced; all other amounts not yet invoiced are included under Other receivables.
As of December 31, 2018 and 2019 no allowance for expected credit losses was recorded.
Table:
 | As of December 31, | 
 | 2018 | 2019
Trade receivables | 808 | 9,463
VAT receivable | 1,094 | 637
Accrued income | 9,473 | 8,274
Insurance claims | 1,282 | 1,400
Other receivables | 7,587 | 5,126
Total | 20,244 | 24,900


Question: What was the change in trade receivables from 2018 to 2019?
Answer: 8655
Calculation: 9,463 - 808
17. Quarterly Financial Data (Unaudited)
The following is summarized quarterly financial data for fiscal 2019 and 2018 (in thousands, except per share amounts):
(1) The annual total amounts may not equal the sum of the quarterly amounts due to rounding. Earnings per share is computed independently for each quarter.
(2) The first quarter of fiscal 2019 results included $7.0 million of tax expense as a result of new regulations issued in November 2018 under Tax Reform. These regulations impacted the treatment of foreign taxes paid.
(3) The fourth quarter of fiscal 2019 results included restructuring costs of $1.7 million, $1.5 million net of taxes.
(4) The fourth quarter of fiscal 2019 results included the permanent reinvestment assertion of $10.5 million of certain historical undistributed earnings of two foreign subsidiaries.
(7) The first quarter of fiscal 2019 included $0.23 per share of tax expense as a result of U.S. Tax Reform. The fourth quarter of fiscal 2019 included $0.05 per share of expense related to restructuring costs and $0.35 per share tax benefit resulting from the permanent reinvestment assertion of certain historical undistributed earnings of two foreign subsidiaries.
Table:
2019 | First
Quarter | Second Quarter | Third Quarter | Fourth Quarter | Total
Net sales  | $765,544 | $789,051 | $799,644 | $810,195 | $3,164,434
Gross profit  | 72,383 | 70,636 | 71,030 | 77,789 | 291,838
Net income (2,3,4)  | 22,226 | 24,758 | 24,801 | 36,831 | 108,616
Earnings per share (1):           |  |  |  |  | 
Basic  | $0.71 | $0.81 | $0.83 | $1.26 | $3.59
Diluted (7)  | $0.69 | $0.79 | $0.81 | $1.23 | $3.50


Question: What was the percentage change in the basic earnings per share between the third and fourth quarter?
Answer: 51.81
Calculation: (1.26-0.83)/0.83
REVENUE
(1) For the three-month period ended August 31, 2019, the average foreign exchange rate used for translation was 1.3222 USD/CDN.
(2) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
(3) Fiscal 2019 actuals are translated at the average foreign exchange rate of the comparable period of fiscal 2018 which was 1.3100 USD/CDN.
Fiscal 2019 fourth-quarter revenue increased by 3.1% (2.7% in constant currency) resulting from: • growth in the American broadband services segment mainly due to strong organic growth and the FiberLight acquisition. • stable revenue in the Canadian broadband services segment mainly as a result of: ◦ rate increases; partly offset by ◦ decreases in video and telephony services customers compared to the same period of the prior year primarily due to issues resulting from the implementation of a new customer management system in the second half of fiscal 2018.
Table:
Three months ended August 31, | 2019 (1) | 2018 (2) | Change | Change in constant currency (3) | Foreign exchange impact (3)
(in thousands of dollars, except percentages) | $ | $ | % | % | $ $
Canadian broadband services | 319,935 | 319,741 | 0.1 | 0.1 | -
American broadband services | 263,738 | 246,443 | 7.0 | 6.0 | 2,427
 | 583,673 | 566,184 | 3.1 | 2.7 | 2,427


Question: What is the increase / (decrease) in the Canadian broadband services from 2018 to 2019?
Answer: 194
Calculation: 319,935 - 319,741
The following table sets forth our 60-month backlog estimate, by reportable segment, as of December 31, 2019; September 30, 2019; June 30, 2019; March 31, 2019; and December 31, 2018 (in millions). The 60-month backlog estimate includes approximately $1.5 billion as a result of the acquisition of Speedpay, which occurred on May 9, 2019. Dollar amounts reflect foreign currency exchange rates as of each period end. This is a non-GAAP financial measure being presented to provide comparability across accounting periods. We believe this measure provides useful information to investors and others in understanding and evaluating our financial performance.
Estimates of future financial results require substantial judgment and are based on several assumptions, as described above. These assumptions may turn out to be inaccurate or wrong for reasons outside of management’s control. For example, our customers may attempt to renegotiate or terminate their contracts for many reasons, including mergers, changes in their financial condition, or general changes in economic conditions in the customer’s industry or geographic location. We may also experience delays in the development or delivery of products or services specified in customer contracts, which may cause the actual renewal rates and amounts to differ from historical experiences. Changes in foreign currency exchange rates may also impact the amount of revenue recognized in future periods. Accordingly, there can be no assurance that amounts included in backlog estimates will generate the specified revenues or that the actual revenues will be generated within the corresponding 60-month period. Additionally, because certain components of Committed Backlog and all of Renewal Backlog estimates are operating metrics, the estimates are not required to be subject to the same level of internal review or controls as contracted but not recognized Committed Backlog.
Table:
 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018
ACI On Premise | $1,977 | $1,925 | $1,880 | $1,861 | $1,875
ACI On Demand | 3,855 | 3,756 | 3,813 | 2,290 | 2,299
Total | $5,832 | $5,681 | $5,693 | $4,151 | $4,174
 | December 31, 2019 | September 30, 2019 | June 30, 2019 | March 31, 2019 | December 31, 2018
Committed | $2,168 | $2,003 | $2,105 | $1,734 | $1,832
Renewal | 3,664 | 3,678 | 3,588 | 2,417 | 2,342
Total | $5,832 | $5,681 | $5,693 | $4,151 | $4,174


Question: What was the difference in Renewal backlog between June 30 and March 31, 2019?
Answer: 1171
Calculation: 3,588-2,417
We completed our qualitative assessment of our indefinite-lived intangible assets other than goodwill as of December 31, 2019 and 2018 and concluded it is more likely than not that our indefinite-lived intangible assets are not impaired; thus, no impairment charge for these assets was recorded in 2019 or 2018.
The following tables show the rollforward of goodwill assigned to our reportable segments from December 31, 2017 through December 31, 2019.
(1) Goodwill is net of accumulated impairment losses of $1.1 billion that related to our former hosting segment now included in our business segment.
(2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination. (2) We allocated $32 million of Level 3 goodwill to consumer as we expect the consumer segment to benefit from synergies resulting from the business combination.
(3) Includes $58 million decrease due to effect of foreign currency exchange rate change.
Table:
 | Business | Consumer | Total
 |  | (Dollars in millions) | 
As of December 31, 2017(1) | $20,197 | 10,278 | 30,475
Purchase accounting and other adjustments(2)(3) | 250 | 32 | 282
Impairment | — | (2,726) | (2,726)
As of December 31, 2018 | $20,447 | 7,584 | 28,031


Question: What is the sum of the total amount of goodwill for 2017 and 2018?
Answer: 58506
Calculation: 30,475+28,031
CONSOLIDATED STATEMENTS OF OPERATIONS
The accompanying notes are an integral part of these consolidated financial statements.
Table:
 | Fiscal Years Ended September | 
 | 2019 | 2018
Sales (including excise taxes of $370.2 million and $368.4 million, | $1,392,388,157 | $1,322,306,658
Cost of sales | 1,308,364,726 | 1,245,375,460
Gross profit | 84,023,431 | 76,931,198
Selling, general and administrative expenses | 72,182,883 | 66,781,234
Depreciation and amortization | 2,617,591 | 2,318,146
Impairment charges | 2,873,269 | 1,912,877
 | 77,673,743 | 71,012,257
Operating income | 6,349,688 | 5,918,941
Other expense (income): |  | 
Interest expense | 1,598,864 | 1,194,373
Other (income), net | (61,119) | (54,042)
 | 1,537,745 | 1,140,331
Income from operations before income taxes | 4,811,943 | 4,778,610
Income tax expense | 1,609,000 | 1,164,000
Net income available to common shareholders | $ 3,202,943 | $  3,614,610
Basic earnings per share available to common shareholders | $ 5.36 | $  5.47
Diluted earnings per share available to common shareholders | $ 5.25 | $  5.38
Basic weighted average shares outstanding | 597,961 | 660,925
Diluted weighted average shares outstanding | 609,836 | 672,449
Dividends declared and paid per common share | $ 1.00 | $  1.00


Question: What is the percentage change in the company's gross profit between the fiscal years ended September 2018 and 2019?
Answer: 9.22
Calculation: (84,023,431 - 76,931,198)/76,931,198
NOTE 9 – CONTINGENT PURCHASE PRICE
Our purchase of CareSpeak Communications contains a contingent element that will be paid only if the Company achieves certain patient engagement revenues in 2019 and 2020. The total contingent payment may be up to $3.0 million. The target patient engagement revenues were achieved in 2019 and are expected to be achieved in 2020. The calculated fair value of the contingent payment was $2,365,000 at December 31, 2018 and $3,000,000 at December 31, 2019.
Our purchase of RMDY Health, Inc. also contains a contingent element that will be paid only if the Company achieves certain revenues in 2020 and 2021 related to the RMDY business. The total contingent payment may be up to $30.0 million. The minimum payment is $1.0 million in each of the two years. The calculated fair value of the contingent payment was $3,720,000 at December 31, 2019. We determined the fair value of the Contingent Purchase Price Payable at December 31, 2019 using a Geometric-Brownian motion analysis of the expected revenue and resulting earnout payment using inputs that include the spot price, a risk free rate of return of 1.4%, a term of 2 years, and volatility of 40%. Changes in the inputs could result in a different fair value measurement.
The total fair value of contingent purchase price payable at December 31, 2019 is as follows.
Table:
 | Current | Long-Term   | Total 
CareSpeak Communications, Inc.  | $1,500,000 | $1,500,000 | $3,000,000
RMDY Health, Inc.   | - | 3,720,000 | 3,720,000
Total  | $1,500,000 | $5,220,000 | $6,720,000


Question: What is the percentage change in the total fair value of the contingent payment in 2019 compared to 2018?
Answer: 26.85
Calculation: (3,000,000-2,365,000)/2,365,000
Restructuring and Related Charges
Following is a summary of our restructuring and related charges:
(1) Includes $21.5 million, $16.3 million and $51.3 million recorded in the EMS segment, $2.6 million, $16.6 million and $82.4 million recorded in the DMS segment and $1.8 million, $4.0 million and $26.7 million of non-allocated charges for the fiscal years ended August 31, 2019, 2018 and 2017, respectively. Except for asset write-off costs, all restructuring and related charges are cash settled.
(2) Fiscal year ended August 31, 2017, includes expenses related to the 2017 and 2013 Restructuring Plans.
Table:
 |  | Fiscal Year Ended August 31, | 
(dollars in millions) | 2019 | 2018 | 2017(2)
Employee severance and benefit costs | $16.0 | $16.3 | $56.8
Lease costs | — | 1.6 | 4.0
Asset write-off costs | (3.6) | 16.2 | 94.3
Other costs | 13.5 | 2.8 | 5.3
Total restructuring and related charges (1) | $25.9 | $36.9 | $160.4


Question: What were the Employee severance and benefit costs in 2018?
Answer: $16.3
NOTE 13. INCOME TAXES
We calculate our provision for federal and state income taxes based on current tax law. U.S. federal tax reform (Tax Act) was enacted on December 22, 2017, and has several key provisions impacting the accounting for and reporting of income taxes. The most significant provision reduced the U.S. corporate statutory tax rate from 35% to 21% beginning on January 1, 2018. We remeasured the applicable deferred tax assets and liabilities based on the rates at which they are expected to reverse. As a result, the gross deferred tax assets and liabilities were adjusted which resulted in an expense for income taxes of $7.1 million which was fully offset by a corresponding change to our valuation allowance in 2017. The Tax Act contains several base broadening provisions that became effective on January 1, 2018, that did not have a material impact on 2018 and 2019 earnings.
Deferred tax asset (liability) is comprised of the following (in thousands):
We have determined it is more likely than not that our deferred tax assets will not be realized. Accordingly, we have provided a valuation allowance for deferred tax assets.
Table:
December 31 |  | 
 | 2019 | 2018
Net operating loss carryforwards | $7,672 | $4,541
Stock options and warrants | 420 | 214
Property | 138 | 299
Intangible assets | 66 | 94
Capitalized expenses | 54 | 86
Other | 210 | 164
Operating right-of-use lease assets | (667) | 
Operating right-of-use lease liabilities | 794 | 
Net deferred tax assets | 8,687 | 5,398
Less: Valuation allowance | (8,687) | (5,398)
Deferred tax asset (liability) | $             - | $             -


Question: What are the respective values of stock options and warrants in 2018 and 2019?
Answer: 214, 420
The long-term portion of the Company’s unrecognized tax benefits at March 31, 2019 and 2018 was $622,000 and $619,000, respectively, of which the timing of the resolution is uncertain. As of March 31, 2019 and 2018, $2.5 million and $2.1 million, respectively, of unrecognized tax benefits had been recorded as a reduction to net deferred tax assets.
As of March 31, 2019, the Company’s net deferred tax assets of $6.7 million are subject to a valuation allowance of $6.7 million. It is possible, however, that some months or years may elapse before an uncertain position for which the Company has established a reserve is resolved. A reconciliation of unrecognized tax benefits is as follows:
The unrecognized tax benefit balance as of March 31, 2019 of $599,000 would affect the Company’s effective tax rate if recognized.
Table:
 |  | Year Ended March 31,  | 
 | 2019 | 2018 | 2017
 |  | (In thousands) | 
Unrecognized tax benefits, beginning of period | $2,735 | $2,714 | $2,055
Additions based on tax positions related to current year | 371 | 520 | 730
Additions based on tax positions related to prior years | 13 | — | —
2017 Tax Act and tax rate re-measurement   | — | (499) | —
Reductions based on tax positions related to prior years   | (17) | — | —
Lapses during the current year applicable to statutes of limitations   | — | — | (71)
Unrecognized tax benefits, end of period | $3,102 | $2,735 | $2,714


Question: What was the long term portion of the unrecognized tax benefits in 2019 and 2018 respectively?
Answer: $622,000, $619,000
The employee pension plan mandated by the Labor Standards Act of the R.O.C. is a defined benefit plan. The pension benefits are disbursed based on the units of service years and average monthly salary prior to retirement according to the Labor Standards Act. Two units per year are awarded for the first 15 years of services while one unit per year is awarded after the completion of the 15th year and the total units will not exceed 45 units.
The Company contributes an amount equivalent to 2% of the employees’ total salaries and wages on a monthly basis to the pension fund deposited with the Bank of Taiwan under the name of a pension fund supervisory committee. The pension fund is managed by the government’s designated authorities and therefore is not included in the Company’s consolidated financial statements. For the years ended December 31, 2017, 2018 and 2019, total pension expenses of NT$80 million, NT$69 million and NT$59 million, respectively, were recognized by the Company.
Movements in present value of defined benefit obligation during the year:
Table:
 | For the years ended December 31, | 
 | 2018 | 2019
 | $NT (In Thousands) | $NT (In Thousands)
Defined benefit obligation at beginning of year | $(5,671,058) | $(5,620,509)
Items recognized as profit or loss: |  | 
Service cost | (24,477) | (21,043)
Interest cost | (61,247) | (51,146)
Subtotal | (85,724) | (72,189)
Remeasurements recognized in other comprehensive income (loss): |  | 
Arising from changes in financial assumptions | (91,350) | (114,976)
Experience adjustments | (5,907) | 180,095
Subtotal | (97,257) | 65,119
Benefits paid | 233,530 | 216,510


Question: What is the average Service cost?
Answer: 22760
Calculation: (24,477+21,043) / 2
NOTE 6 - continued
For information on assets provided as collateral security, please refer to note 16. Please refer to note 8 for information on impairment testing.
The depreciation expense related to "Other plant and operating equipment" of USD 1.0m relates to "Administrative expense" (2018: USD 1.1m, 2017: USD 0.9m). Depreciation and impairment losses on tangible fixed assets on "Vessels and capitalized dry-docking" relate to operating expenses.
Table:
USDm | 2019 | 2018 | 2017
Other plant and operating equipment |  |  | 
Cost: |  |  | 
Balance as of 1 January | 5.8 | 3.6 | 2.7
Adjustment on transition to IFRS 16 | 0.3 | - | -
Additions | 2.2 | 2.2 | 1.0
Disposals | -0.2 | - | -0.1
Balance as of 31 December | 8.1 | 5.8 | 3.6
Depreciation: |  |  | 
Balance as of 1 January | 2.8 | 1.7 | 0.9
Disposals | - | - | -0.1
Depreciation for the year | 1.0 | 1.1 | 0.9
Balance as of 31 December | 3.8 | 2.8 | 1.7
Carrying amount as of 31 December | 4.3 | 3.0 | 1.9


Question: In which year was the amount of depreciation for the year the largest?
Answer: 2018
Calculation: 1.1>1.0>0.9