hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
The following table presents the components of the deferred tax assets and liabilities (in millions):
As of July 27, 2019, our federal, state, and foreign net operating loss carryforwards for income tax purposes were $676 million, $1 billion, and $756 million, respectively. A significant amount of the net operating loss carryforwards relates to acquisitions and, as a result, is limited in the amount that can be recognized in any one year. If not utilized, the federal, state and foreign net operating loss carryforwards will begin to expire in fiscal 2020. We have provided a valuation allowance of $111 million for deferred tax assets related to foreign net operating losses that are not expected to be realized.
As of July 27, 2019, our federal, state, and foreign tax credit carryforwards for income tax purposes were approximately $25 million, $1.1 billion, and $5 million, respectively. The federal tax credit carryforwards will begin to expire in fiscal 2020. The majority of state and foreign tax credits can be carried forward indefinitely. We have provided a valuation allowance of $346 million for deferred tax assets related to state and foreign tax credits that are not expected to be realized.
Table:
 | July 27, 2019 | July 28, 2018
ASSETS |  | 
Allowance for doubtful accounts and returns . | $ 127 | $ 285
Sales-type and direct-financing leases | 176 | 171
Inventory write-downs and capitalization | 409 | 289
Investment provisions . | — | 54
IPR&D, goodwill, and purchased intangible assets | 1,427 | 63
Deferred revenue . | 1,150 | 1,584
Credits and net operating loss carryforwards . | 1,241 | 1,087
Share-based compensation expense | 164 | 190
Accrued compensation | 342 | 370
Other | 419 | 408
Gross deferred tax assets | 5,455 | 4,501
Valuation allowance | (457) | (374)
Total deferred tax assets . | 4,998 | 4,127
LIABILITIES |  | 
Purchased intangible assets . | (705) | (753)
Depreciation . | (141) | (118)
Unrealized gains on investments . | (70) | (33)
Other | (112) | (145)
Total deferred tax liabilities | (1,028) | (1,049)
Total net deferred tax assets | $3,970 | $3,078


Question: What was the depreciation in 2018?
Answer: (118)
and penalties , resulting in a liability of $ 1 million for interest and penalties as of december 31 , 2018 . in 2017 , there was a net decrease in income tax expense of $ 1 million for interest and penalties , resulting in no material liability for interest and penalties as of december 31 , 2017 . the 2017 changes in interest and penalties related to statute of limitation expirations . in 2016 , there was a net decrease in income tax expense of $ 2 million for interest and penalties , resulting in a total liability of $ 1 million for interest and penalties as of december 31 , 2016 . the 2016 changes in interest and penalties related to reductions in prior year tax positions and settlement with a taxing authority . the following table summarizes the tax years that are either currently under examination or remain open under the applicable statute of limitations and subject to examination by the major tax jurisdictions in which the company operates: .

Table:
jurisdiction united states ( 1 ) | jurisdiction 2011 | jurisdiction - | 2017
connecticut | 2016 | - | 2017
mississippi | 2012 | - | 2017
virginia ( 1 ) | 2011 | - | 2017
virginia ( 1 ) 2011 - 2017 ( 1 ) the 2014 tax year has been closed in these jurisdictions .
although the company believes it has adequately provided for all uncertain tax positions , amounts asserted by taxing authorities could be greater than the company's accrued position .
accordingly , additional provisions for federal and state income tax related matters could be recorded in the future as revised estimates are made or the underlying matters are effectively settled or otherwise resolved .
conversely , the company could settle positions with the tax authorities for amounts lower than have been accrued .
the company believes that it is reasonably possible that during the next 12 months the company's liability for uncertain tax positions may decrease by $ 14 million due to resolution of a federal uncertain tax position .
during 2013 the company entered into the pre-compliance assurance process with the irs for years 2011 and 2012 .
the company is part of the irs compliance assurance process program for the 2014 through 2018 tax years .
open tax years related to state jurisdictions remain subject to examination .
deferred income taxes - deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and for income tax purposes .
as described above , deferred tax assets and liabilities are calculated as of the balance sheet date using current tax laws and rates expected to be in effect when the deferred tax items reverse in future periods .
as a result of the reduction in the corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) under the tax act , the company revalued its net deferred tax assets as of december 31 , 2017 .
net deferred tax assets are classified as long-term deferred tax assets in the consolidated statements of financial position. .

Question: what is the liability for interest and penalties as of december 31 , 2017?
Answer: 0
Calculation: subtract(1, 1)
Unrecognized Tax Benefits
The aggregate changes in the balance of gross unrecognized tax benefits were as follows (in millions):
As of July 27, 2019, $1.7 billion of the unrecognized tax benefits would affect the effective tax rate if realized. During fiscal 2019, we recognized $30 million of net interest expense and $6 million of penalty expense. During fiscal 2018, we recognized $10 million of net interest expense and no net penalty expense. During fiscal 2017, we recognized $26 million of net interest expense and a $4 million reduction in penalties. Our total accrual for interest and penalties was $220 million, $180 million, and $186 million as of the end of fiscal 2019, 2018, and 2017, respectively. We are no longer subject to U.S. federal income tax audit for returns covering tax years through fiscal 2010. We are no longer subject to foreign or state income tax audits for returns covering tax years through fiscal 1999 and fiscal 2008, respectively.
We regularly engage in discussions and negotiations with tax authorities regarding tax matters in various jurisdictions. We believe it is reasonably possible that certain federal, foreign, and state tax matters may be concluded in the next 12 months. Specific positions that may be resolved include issues involving transfer pricing and various other matters. We estimate that the unrecognized tax benefits at July 27, 2019 could be reduced by $50 million in the next 12 months.
Table:
Years Ended | July 27, 2019 | July 28, 2018 | July 29, 2017
Beginning balance | $2,000 | $1,973 | $1,627
Additions based on tax positions related to the current year | 185 | 251 | 336
Additions for tax positions of prior years | 84 | 84 | 180
Reductions for tax positions of prior years . | (283) | (129) | (78)
Settlements | (38) | (124) | (43)
Lapse of statute of limitations . | (23) | (55) | (49)
Ending balance . | $ 1,925 | $ 2,000 | $ 1,973


Question: What were the Additions for tax positions of prior years in 2019?
Answer: 84
Note 8: Balance Sheet Information
Certain significant amounts included in the Company's Consolidated Balance Sheets consist of the following (in millions):
Assets classified as held-for-sale, consisting primarily of properties, are required to be recorded at the lower of carrying value or fair value less any costs to sell. The carrying value of these assets as of December 31, 2019 was $1.4 million, and is reported as other current assets on the Company’s Consolidated Balance Sheet.
Depreciation expense for property, plant and equipment, including amortization of finance leases, totaled $409.7 million, $359.3 million and $325.2 million for 2019, 2018 and 2017, respectively.
Included within sales related reserves are ship and credit reserves for distributors amounting to $178.7 million and $230.8 million as of December 31, 2019 and 2018, respectively.
Table:
 | As of | 
 | December 31, 2019 | December 31, 2018
Inventories: |  | 
Raw materials | $138.4 | $137.3
Work in process | 772.9 | 760.7
Finished goods | 321.1 | 327.2
 | $1,232.4 | $1,225.2
Property, plant and equipment, net: |  | 
Land | $125.2 | $125.5
Buildings | 860.6 | 820.4
Machinery and equipment | 4,275.2 | 3,980.2
Property, plant and equipment, gross | 5,261.0 | 4,926.1
Less: Accumulated depreciation | (2,669.4) | (2,376.5)
 | $2,591.6 | $2,549.6
Accrued expenses: |  | 
Accrued payroll and related benefits | $153.4 | $240.8
Sales related reserves | 247.3 | 294.8
Income taxes payable | 22.5 | 38.2
Other | 115.6 | 85.3
 | $538.8 | $659.1


Question: How much is the Depreciation expense for property, plant and equipment, including amortization of finance leases for 2018?
Answer: $359.3 million
Americas 2019 Exit Plan
During the first quarter of 2019, the Company initiated a restructuring plan to simplify and refine its operating model in the U.S. (the “Americas 2019 Exit Plan”), in part to improve agent attrition and absenteeism. The Americas 2019 Exit Plan included closing customer engagement centers, consolidating leased space in various locations in the U.S. and management reorganization. The Company finalized the actions as of September 30, 2019.
Americas 2018 Exit Plan
During the second quarter of 2018, the Company initiated a restructuring plan to manage and optimize capacity utilization, which included closing customer engagement centers and consolidating leased space in various locations in the U.S. and Canada (the “Americas 2018 Exit Plan”). The Company finalized the site closures under the Americas 2018 Exit Plan as of December 31, 2018, resulting in a reduction of 5,000 seats.
The Company’s actions under both the Americas 2018 and 2019 Exit Plans resulted in general and administrative cost savings and lower depreciation expense.
The cumulative costs incurred to date related to cash and non-cash expenditures resulting from the Americas 2018 and 2019 Exit Plans are outlined below as of December 31, 2019 (in thousands):
(1) Included in “General and administrative” costs in the accompanying Consolidated Statements of Operations.
(2) Included in “Direct salaries and related costs” in the accompanying Consolidated Statements of Operations.
The Company has paid a total of $12.3 million in cash through December 31, 2019, of which $10.4 million related to the Americas 2018 Exit Plan and $1.9 million related to the Americas 2019 Exit Plan.
Table:
 | Americas 2018 Exit Plan | Americas 2019 Exit Plan
Lease obligations and facility exit costs (1) | $7,073 | $—
Severance and related costs (2) | 3,426 | 191
Severance and related costs (1) | 1,037 | 2,155
Non-cash impairment charges | 5,875 | 1,582
Other non-cash charges | — | 244
 | $17,411 | $4,172


Question: For which years is the Americas Exit Plan accounted for?
Answer: 2019, 2018
Restricted Stock Awards
We present below a summary of changes in unvested units of restricted stock during 2019:
The Company recorded equity-based compensation expense related to restricted stock and RSUs (collectively “restricted stock awards”) of $31.8 million, $19.9 million, and $16.2 million in 2019, 2018 and 2017, respectively. The total fair value of restricted stock awards vested in 2019, 2018 and 2017, based on market value at the vesting dates was $18.2 million, $18.1 million, and $18.8 million, respectively. The weighted average grant-date fair value of RSUs granted during fiscal year 2019, 2018 and 2017 was $49.48, $51.72 and $49.01, respectively. As of December 31, 2019, unrecognized compensation cost related to unvested RSU totaled $47.5 million and is expected to be recognized over a weighted average period of approximately 2.5 years. In January 2017, we elected to recognize forfeitures of equity-based payments as they occur.
awards”) of $31.8 million, $19.9 million, and $16.2 million in 2019, 2018 and 2017, respectively. The total fair value of restricted
stock awards vested in 2019, 2018 and 2017, based on market value at the vesting dates was $18.2 million, $18.1 million, and $18.8
million, respectively. The weighted average grant-date fair value of RSUs granted during fiscal year 2019, 2018 and 2017 was $49.48,
$51.72 and $49.01, respectively. As of December 31, 2019, unrecognized compensation cost related to unvested RSU totaled $47.5
million and is expected to be recognized over a weighted average period of approximately 2.5 years. In January 2017, we elected to
recognize forfeitures of equity-based payments as they occur.
Included in RSU grants for the year ended December 31, 2019 are 282,327 units that have performance-based vesting criteria. The
performance criteria are tied to our financial performance. As of December 31, 2019, the associated equity-based compensation
expense has been recognized for the portion of the award attributable to the 2019 performance criteria.
Table:
 | Number of Units | Grant Date Fair Value
Outstanding at January 1, 2019    | 997,173 | $52.22
Granted    | 945,159 | 49.48
Vested    | (386,060) | 51.79
Forfeited    | (59,579) | 50.56
Outstanding at December 31, 2019    | 1,496,693 | $50.67


Question: What is the outstanding number of units at the beginning of 2019?
Answer: 997,173
b. Categories of equity shareholding as on March 31, 2019:
c. Top ten equity shareholders of the Company as on March 31, 2019:
* Shareholding is consolidated based on Permanent Account Number (PAN) of the shareholder.
Table:
Category | Number of equity shares held | Percentage of holding
Promoters | 2,702,450,947 | 72.0
Other Entities of the Promoter Group | 1,091,053 | -
Mutual Funds & UTI | 93,357,668 | 2.5
Banks, Financial Institutions, States and Central Government | 2,750,113 | 0.1
Insurance Companies | 196,172,807 | 5.2
Foreign Institutional Investors and Foreign Portfolio Investors - Corporate | 592,842,601 | 15.8
NRI's / OCB's / Foreign Nationals | 4,854,682 | 0.1
Corporate Bodies / Trust | 26,208,151 | 0.7
Indian Public & Others | 130,744,399 | 3.6
Alternate Investment Fund | 1,663,495 | -
IEPF account | 248,790 | -
GRAND TOTAL | 3,752,384,706 | 100.0
 |  | 
Name of the shareholder* | Number of equity shares held | Percentage of holding
1. Tata Sons Private Limited | 2,702,450,947 | 72.0
2. Life Insurance Corporation of India | 152,493,927 | 4.1
3. SBI Mutual Fund | 21,680,561 | 0.6
4. First State Investments Icvc- Stewart Investors Asia Pacific Leaders Fund | 19,248,438 | 0.5
5. Government of Singapore | 18,028,475 | 0.5
6. Oppenheimer Developing Markets Fund | 16,731,906 | 0.5
7. ICICI Prudential Life Insurance Company Ltd | 16,139,316 | 0.4
8. Axis Mutual Fund Trustee Limited | 15,244,614 | 0.4
9. Abu Dhabi Investment Authority | 15,036,984 | 0.4
10. Vanguard Emerging Markets Stock Index Fund, A Series of Vanguard International Equity Index Funds | 14,112,213 | 0.4


Question: What percentage shareholding does the majority shareholder have? 
Answer: 72
In November 2017, GMSL acquired the trenching and cable laying services business from Fugro N.V. ("Fugro"). As part of the transaction, Fugro became a 23.6% holder of GMSL's parent, Global Marine Holdings, LLC ("GMH"). GMSL, in the normal course of business, incurred revenue and expenses with Fugro for various services.
For the years ended December 31, 2019 and 2018, GMSL recognized $11.3 million and $9.3 million respectively, of expenses for transactions with Fugro. For the year ended December 31, 2019 GMSL recognized $0.8 million of revenues. The parent company of GMSL, GMH, incurred management fees of $0.6 million for each of the years ended December 31, 2019 and 2018.
GMSL also has transactions with several of their equity method investees. A summary of transactions with such equity method investees and balances outstanding are as follows (in millions):
Table:
 | Years Ended December 31, | 
 | 2019 | 2018
Net revenue | $ 6.4 | $ 21.8
Operating expenses | $ 1.0 | $ 4.8
Interest expense | $ 1.0 | $ 1.3
 | December 31, | 
 | 2019 | 2018
Accounts receivable | $ 1.2 | $ 5.0
Long-term obligations | $ 22.5 | $ 28.5
Accounts payable | $ 0.1 | $ 2.2
Dividends | $ 4.5 | $ 25.8


Question: What percentage of Global Marine Holdings, LLC is owned by Fugro?
Answer: 23.6%
9. Debtors
The Directors consider that the carrying amount of trade and other debtors approximates their fair value.
The Company has no significant concentration of credit risk attributable to its trade debtors as the exposure is spread over a large number of customers.
Assets recognised from costs to obtain a contract relate to capitalised incremental costs to obtain a contract, being sales commissions arising on contracts with customers of more than one year in length. No assets were impaired or derecognised during the current year or prior year.
Table:
 |  | 2019 | 2018
 | Notes | £ million | £ million
Due within one year |  |  | 
Trade debtors |  | 5.2 | 7.0
Owed by subsidiaries |  | 13.7 | 9.6
Other debtors |  | 0.2 | 0.7
Prepayments |  | 0.4 | 0.6
Current tax asset |  | 1.0 | 0.6
Deferred tax | 13 | – | 1.3
Assets recognised from costs to obtain a contract |  | 0.1 | 0.1
 |  | 20.6 | 19.9
Due after one year |  |  | 
Defined benefit pension plan surplus | 3 | 8.8 | 2.0


Question: Why does the Company have no significant concentration of credit risk attributable to its trade debtors?
Answer: as the exposure is spread over a large number of customers.
Note 13. Basic and Diluted Net Loss Per Share
Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period, less the weighted-average unvested common stock subject to repurchase or forfeiture as they are not deemed to be issued for accounting purposes. Diluted net loss per share is computed by giving effect to all potential shares of common stock, stock options, restricted stock units, ESPP, and convertible senior notes, to the extent dilutive. For the periods presented, all such common stock equivalents have been excluded from diluted net loss per share as the effect to net loss per share would be anti-dilutive.
The following table sets forth the computation of the Company’s basic and diluted net loss per share during the years ended December 31, 2019, 2018 and 2017 (in thousands, except per share data)
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
Numerator |  |  | 
Net loss | $(53,607) | $(26,203) | $(4,204)
Denominator |  |  | 
Weighted-average common shares for basic and diluted net loss per share | 83,130 | 79,500 | 76,281
Basic and diluted net loss per share | $(0.64) | $(0.33) | $(0.06)


Question: What is the change in the weighted-average common shares for basic and diluted net loss per share between 2017 and 2018?
Answer: 3219
Calculation: 79,500 - 76,281
Deferred Revenue and Customer Liabilities
Deferred revenue and customer liabilities consisted of the following (in thousands):
The Company expects to recognize the majority of its deferred revenue as of December 31, 2019 over the next 180 days. Revenues of $3.7 million were recognized during the year ended December 31, 2019 from amounts included in deferred revenue at December 31, 2018. Revenues of $4.4 million were recognized during the year ended December 31, 2018 from amounts included in deferred revenue at January 1, 2018.
The Company expects to recognize the majority of the customer arrangements with termination rights into revenue as the Company has not historically experienced a high rate of contract terminations.
Estimated refund liabilities are generally resolved in 180 days, once it is determined whether the requisite service levels and client requirements were achieved to settle the contingency.
Table:
 | December 31, | 
 | 2019 | 2018
Deferred revenue | $3,012 | $3,655
Customer arrangements with termination rights | 15,024 | 16,404
Estimated refund liabilities | 8,585 | 10,117
 | $26,621 | $30,176


Question: Why does the Company expect to recognize the majority of the customer arrangements with termination rights into revenue?
Answer: as the Company has not historically experienced a high rate of contract terminations.
Restricted Stock Units
The 2013 Plan provides for the issuance of RSUs to employees, directors, and consultants. RSUs issued under the 2013 Plan generally vest over four years. A summary of activity of RSUs under the 2013 Plan at December 31, 2019 and changes during the periods then ended is presented in the following table:
As of December 31, 2019 and 2018, there was a total of $198.3 million and $107.9 million of unrecognized share-based compensation expense, net of estimated forfeitures, related to RSUs, which will be recognized on a straight-line basis over the remaining weighted-average vesting periods of approximately 2.3 years and 2.4 years, respectively.
Table:
 | Number of RSUs Outstanding (in thousands) | Weighted- Average Grant Date Fair Value Per Share | Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2016 | 3,554 | $18.01 | $73,261
Granted | 3,005 | 30.20 | 
Released | (1,680) | 19.54 | 
Canceled/Forfeited | (598) | 20.91 | 
Outstanding at December 31, 2017 | 4,281 | $25.51 | $207,197
Granted | 1,746 | 67.64 | 
Released | (1,971) | 30.50 | 
Canceled/Forfeited | (495) | 34.99 | 
Outstanding at December 31, 2018 | 3,561 | $42.09 | $293,523
Granted | 2,069 | 122.35 | 
Released | (1,906) | 50.99 | 
Canceled/Forfeited | (475) | 60.38 | 
Outstanding at December 31, 2019 | 3,249 | $85.39 | $548,145


Question: As of December 31, 2019 and 2018, what are the respective remaining weighted-average vesting periods of  unrecognized share-based compensation expense, net of estimated forfeitures, related to RSUs?
Answer: 2.3 years, 2.4 years
NOTE 14 – MAJOR CUSTOMERS AND VENDORS (CONTINUED)
Our accounts receivable includes 3 customers that individually make up more than 10% of our accounts receivable at December 31, 2019 in the percentages of 17.8%, 15.4% and 13.3%.
The Company had four key partners through which 10% or greater of its revenue was generated in either 2019 or 2018 as set forth below. The amounts in the table below reflect the amount of revenue generated through those customers.
Table:
 | 2019 |  | 2018 | 
 | $ | %   | $ | % 
Partner A   | 1,315,706 | 5.3 | 6,841,386 | 32.3
Partner B   | 9,210,347 | 37.4 | 5,350,393 | 25.2
Partner C   | 4,051,217 | 16.5 | 2,584,103 | 12.2
Partner D   | 1,007,573 | 4.1 | 2,159,356 | 10.2


Question: What is the average revenue generated from Partner D in the last 2 years, i.e. 2018 and 2019?
Answer: 1583464.5
Calculation: (1,007,573+2,159,356)/2
12. Derivative Instruments
(a) Summary of Derivative Instruments
We use derivative instruments primarily to manage exposures to foreign currency exchange rate, interest rate, and equity price risks. Our primary objective in holding derivatives is to reduce the volatility of earnings and cash flows associated with changes in foreign currency exchange rates, interest rates, and equity prices. Our derivatives expose us to credit risk to the extent that the counterparties may be unable to meet the terms of the agreement. We do, however, seek to mitigate such risks by limiting our counterparties to major financial institutions. In addition, the potential risk of loss with any one counterparty resulting from this type of credit risk is monitored. Management does not expect material losses as a result of defaults by counterparties.
The notional amounts of our outstanding derivatives are summarized as follows (in millions):
Table:
 | July 27, 2019 | July 28, 2018
Derivatives designated as hedging instruments: |  | 
Foreign currency derivatives—cash flow hedges | $663 | $147
Interest rate derivatives | 4,500 | 6,750
Net investment hedging instruments | 309 | 250
Derivatives not designated as hedging instruments: |  | 
Foreign currency derivatives | 2,708 | 2,298
Total return swaps—deferred compensation | 574 | 566
Total | $8,754 | $10,011


Question: What was the percentage change in the total amount of outstanding derivatives between 2018 and 2019?
Answer: -12.56
Calculation: (8,754-10,011)/10,011