hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Net Periodic Benefit Cost
The following table provides information about the net periodic benefit cost for the plans for fiscal years 2019, 2018 and 2017 (in thousands):
On September 1, 2018, the Company adopted a new accounting standard, which changes the presentation of net periodic benefit cost in the Consolidated Statements of Operation. The Company adopted the standard on a retrospective basis which results in reclassifications for the service cost component of net periodic benefit cost from selling, general and administrative expense to cost of revenue and for the other components from selling, general and administrative expense to other expense. Prior periods have not been reclassified due to immateriality.
Table:
 |  | Pension | 
 | 2019 | 2018 | 2017
Service cost | $1,437 | $1,063 | $1,068
Interest cost | 3,715 | 3,807 | 2,942
Expected long-term return on plan assets | (5,291) | (5,954) | (4,206)
Recognized actuarial loss | 741 | 1,127 | 1,929
Amortization of prior service credit | (44) | (88) | (138)
Net settlement loss | 634 | 116 | 1,472
Net periodic benefit cost | $1,192 | $71 | $3,067


Question: Which fiscal years does the table provide information about the net periodic benefit cost for?
Answer: 2019, 2018, 2017
SHARE-BASED PAYMENTS (continued)
(a) Share option schemes (continued) (iii) Fair value of option
The directors of the Company have used the Binomial Model to determine the fair value of the options as at the respective grant dates, which is to be expensed over the relevant vesting period. The weighted average fair value of options granted during the year ended 31 December 2019 was HKD123.82 per share (equivalent to approximately RMB106.09 per share) (2018: HKD127.43 per share (equivalent to approximately RMB103.46 per share)).
Other than the exercise price mentioned above, significant judgment on parameters, such as risk free rate, dividend yield and expected volatility, are required to be made by the directors in applying the Binomial Model, which are summarised as below.
Note: The expected volatility, measured as the standard deviation of expected share price returns, is determined based on the average daily trading price volatility of the shares of the Company.
Table:
 | 2019 | 2018
Weighted average share price at the grant date | HKD373.33 | HKD405.00
Risk free rate | 1.08%~2.07% | 1.77%~2.27%
Dividend yield | 0.23% | 0.24%~0.25%
Expected volatility (Note) | 30.00% | 30.00%


Question: How much did the weighted average fair value per share of options granted change by in RMB between 2018 and 2019 year end?
Answer: 2.63
Calculation:  106.09-103.46
Deferred Revenues
Deferred revenues consist primarily of prepayments for license fees, and other products or services for which we have been paid in advance, and earn the revenue when we transfer control of the product or service. Deferred revenues may also include upfront payments for consulting services to be performed in the future, such as non-recurring engineering services.
We defer license fees until we have met all accounting requirements for revenue recognition, which is when a license is made available to a customer and that customer has a right to use the license. Engineering development fee revenues are deferred until engineering services have been completed and accepted by our customers. We defer AirBar and sensor modules revenues until distributors sell the products to their end customers
Under U.S. GAAP, companies may make reasonable aggregations and approximations of returns data to accurately estimate returns. Our AirBar and sensor module returns and warranty experience to date has enabled us to make reasonable returns estimates, which are supported by the fact that our product sales involve homogenous transactions. The reserve for future sales returns is recorded as a reduction of our accounts receivable and revenue and was insignificant as of December 31, 2019 and 2018.
The following table presents our deferred revenues by source (in thousands);
Table:
 | Years ended December 31, | 
 | 2019 | 2018
Deferred license fees revenues | $28 | $-
Deferred NRE revenues | 20 | -
Deferred AirBar revenues | 6 | 59
Deferred sensor modules revenues | 13 | 16
 | $67 | $75


Question: What is the proportion of deferred license fees and NRE revenues over total deferred revenues for the year ended December 31, 2019?
Answer: 0.72
Calculation: (28+20)/67
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
Additional information relating to the total assets of the Company’s operating segments is as follows for the years ended December 31,:
(1) Total assets in each of the Company’s property segments includes the Right-of-use asset recognized in connection with the Company’s adoption of the new lease accounting standard.
(2) Balances are translated at the applicable period end exchange rate, which may impact comparability between periods.
(3) Balances include corporate assets such as cash and cash equivalents, certain tangible and intangible assets and income tax accounts that have not been allocated to specific segments.
Table:
 | 2019 (1) | 2018 | 2017
U.S. property | $22,624.6 | $18,782.0 | $19,032.6
Asia property (2) | 5,307.8 | 4,938.8 | 4,770.8
Africa property (2) | 4,711.1 | 1,929.7 | 1,673.4
Europe property (2) | 1,535.3 | 1,438.1 | 1,540.2
Latin America property (2) | 8,125.5 | 5,594.7 | 5,868.4
Services | 26.8 | 46.3 | 42.3
Other (3) | 470.5 | 280.8 | 286.6
Total assets | $42,801.6 | $33,010.4 | $33,214.3


Question: What did the total assets in each property segment include?
Answer: the Right-of-use asset recognized in connection with the Company’s adoption of the new lease accounting standard.
Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible differences and operating loss and tax credit carry-forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the difference between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
At December 31, 2019, the Company had net operating loss carry-forwards of approximately $21.6 million that may be offset against future taxable income indefinitely. No tax benefit has been reported in the 2019 financial statements, since the potential tax benefit is offset by a valuation allowance of the same amount.
Net deferred tax assets consist of the following components as of December 31, 2019 and 2018:
Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry-forwards for federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry-forwards may be limited as to use in future years.
Table:
 | 2019 | 2018
Deferred tax assets (liabilities): |  | 
NOL carryover | $5,910 | $3,370
R&D carryover | 173 | 173
Other | 236 | 239
Depreciation | 42 | 61
 | 6,361 | 3,843
Less valuation allowance | (6,361) | (3,843)
Net deferred tax asset | $- | $-


Question: What is the  NOL carryover for 2019?
Answer: $5,910
12 Earnings per share
(a) Basic and diluted earnings per share
1 The weighted average number of shares used has been adjusted to remove shares held in the ESOP
2 Diluted shares include the impact of any dilutive convertible bonds, share options and share awards.
During 2017 the Group incurred a £49.4 million share related charge in relation to its Spanish development partner Eurofund’s future interests in the share capital of the intu Costa del Sol development company. The positive impact of this share related charge on equity attributable to owners of intu properties plc is a credit to retained earnings of £49.4 million. Subsequent to 31 December 2019, the Group has received the final ratifications required for full planning to become effective and therefore we expect the positive impact on retained earnings to reverse, once these arrangements are formally concluded.
Table:
 | 2019 |  |  | 2018 |  | 2018
 | Loss £m | Shares million | Loss per share pence | Loss £m | Shares million | Loss per Share pence
Basic1 | (1950.9) | 1,344.5 | (145.1)p | (1,132.2) | 1,343.7 | (84.3)p
Diluted2 | (1950.9) | 1,344.5 | (145.1)p | (1,132.2) | 1,343.7 | (84.3)p


Question: In which year is there a greater loss per share (pence)?
Answer: 2019
Calculation: Find the year with the greater loss per share
By region of shipment, in the 2019 fourth quarter, Asia Pacific revenues grew sequentially by 10.6%, principally in Imaging, Analog and Microcontrollers, Americas was up by 10.5%, mainly driven by Digital and Power Discrete, and EMEA decreased by 2.0%.
On a year-over-year basis, revenues grew 9.9% in Asia Pacific, mainly due to Analog, Microcontrollers and Imaging. In Americas, revenues grew 5.4%, mainly driven by Digital and Power Discrete, while it decreased by 12.8% in EMEA, mainly due to lower sales in Automotive, Power Discrete and  analog.
Table:
 |  | Three Months Ended |  | % Variation | 
 | December 31, 2019 | September 29, 2019 | December 31, 2018 | Sequential | Year-Over-Year
 |  |  | (Unaudited, in millions) |  | 
EMEA | $538 | $549 | $617 | (2.0)% | (12.8)%
Americas | 360 | 326 | 342 | 10.5 | 5.4
Asia Pacific | 1,856 | 1,678 | 1,689 | 10.6 | 9.9
Total | $2,754 | $2,553 | $2,648 | 7.9% | 4.0%


Question: What was the year-over-year increase in revenue for Asia?
Answer: 9.9%
Item 6. Selected Financial Data.
The following selected consolidated financial and operating data was derived from our audited consolidated financial statements. The selected financial data should be read in conjunction with the Consolidated Financial Statements and Notes thereto, and Item 7 contained in Part II of this Annual Report.
(1) When a loss is reported, the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of share-based compensation awards because doing so would be anti-dilutive. In addition, when a loss from continuing operations is reported, adjusting the denominator of diluted earnings per share would also be anti-dilutive to the loss per share, even if the entity has net income after adjusting for a discontinued operation.
Therefore, for all periods presented, basic weighted-average shares outstanding were used in calculating the diluted net loss per share.
Table:
 |  |  | Year ended March 31, |  | 
(In thousands, except per share data) | 2019 | 2018 | 2017 | 2016 | 2015
Operating results |  |  |  |  | 
Net revenue | $140,842 | $127,360 | $127,678 | $120,366 | $103,514
Gross profit | 73,880 | 64,417 | 63,785 | 68,106 | 60,081
Operating loss | (13,081) | (12,080) | (11,408) | (4,313) | (12,467)
Operating loss, net of taxes | (13,164) | (8,350) | (11,721) | (3,765) | (11,497)
Net loss | $(13,164) | $(8,350) | $(11,721) | $(3,765) | $(11,497)
Per share data (1) |  |  |  |  | 
Basic and diluted |  |  |  |  | 
Net loss | $(0.57) | $(0.37) | $(0.52) | $(0.17) | $(0.51)
Weighted-average shares outstanding - basic and diluted | 23,037 | 22,801 | 22,615 | 22,483 | 22,338
Balance sheet data at year end |  |  |  |  | 
Cash and cash equivalents | $40,771 | $39,943 | $49,255 | $60,608 | $75,067
Working capital | 20,707 | 19,343 | 27,183 | 41,401 | 54,407
Total assets | 163,591 | 157,207 | 167,305 | 185,157 | 181,525
Total debt | 57 | 177 | 237 | 333 | 189
Total shareholders’ equity | 100,622 | 108,431 | 113,669 | 123,473 | 124,188


Question: What was the increase / (decrease) in the net revenue from 2018 to 2019?
Answer: 13482
Calculation: 140,842 - 127,360
Share-based payments
Disclosures of the share-based payments offered to employees are set out below. More detail on each scheme is given in the Annual Report on Remuneration 2019 on pages 102 to 132. The charge to the Income Statement in respect of share-based payments is made up as follows:
Table:
 | 2019 | 2018
 | £m | £m
Performance Share Plan | 5.1 | 4.7
Employee Share Ownership Plan | 1.1 | 1.0
Total expense recognised in Income Statement | 6.2 | 5.7


Question: What was the percentage change in the amount for Performance Share Plan from 2018 to 2019?
Answer: 8.51
Calculation: (5.1-4.7)/4.7
Share-based payments expense for the period was $62,028,117 (2018: $57,710,434).
The variables in the table below are used as inputs into the model to determine the fair value of performance rights.
(1) Grant date represents the offer acceptance date.
(2) The expected volatility is based on the historical implied volatility calculated based on the weighted average remaining life of the performance rights adjusted for any expected changes to future volatility due to publicly available information.
Table:
 | 2019 | 2018
 | F19 LTI | F18 LTI
Grant date (1) | 30 Nov 2018 | 31 Oct 2017
Performance period start date | 1 Jul 2018 | 1 Jul 2017
Exercise date | 1 Jul 2021 | 1 Jul 2020
Expected volatility (2) | 15.0% | 16.0%
Expected dividend yield | 4.0% | 4.0%
Risk-free interest rate | 2.1% | 1.9%
Weighted average fair value at grant date | $24.63 | $20.23


Question: What is the average risk-free interest rate for 2018 and 2019?
Answer: 2
Calculation: (2.1% + 1.9%)/2
stock performance graph the following performance graph compares the cumulative total return ( including dividends ) to the holders of our common stock from december 31 , 2002 through december 31 , 2007 , with the cumulative total returns of the nyse composite index , the ftse nareit composite reit index ( the 201call reit index 201d ) , the ftse nareit healthcare equity reit index ( the 201chealthcare reit index 201d ) and the russell 1000 index over the same period . the comparison assumes $ 100 was invested on december 31 , 2002 in our common stock and in each of the foregoing indices and assumes reinvestment of dividends , as applicable . we have included the nyse composite index in the performance graph because our common stock is listed on the nyse . we have included the other indices because we believe that they are either most representative of the industry in which we compete , or otherwise provide a fair basis for comparison with ventas , and are therefore particularly relevant to an assessment of our performance . the figures in the table below are rounded to the nearest dollar. .

Table:
 | 12/31/2002 | 12/31/2003 | 12/31/2004 | 12/31/2005 | 12/31/2006 | 12/31/2007
ventas | $ 100 | $ 206 | $ 270 | $ 331 | $ 457 | $ 512
nyse composite index | $ 100 | $ 132 | $ 151 | $ 166 | $ 200 | $ 217
all reit index | $ 100 | $ 138 | $ 181 | $ 196 | $ 262 | $ 215
healthcare reit index | $ 100 | $ 154 | $ 186 | $ 189 | $ 273 | $ 279
russell 1000 index | $ 100 | $ 130 | $ 145 | $ 154 | $ 178 | $ 188
ventas nyse composite index all reit index healthcare reit index russell 1000 index .

Question: what was the 5 year return on ventas common stock?
Answer: 412%
Calculation: subtract(512, 100), divide(#0, 100)
Other Income (Expense)
Interest income in 2019 increased by $0.4 million due to an increase in interest income earned on investment securities and money market portfolios.
Interest expense in 2019 decreased by $6.6 million due to the payoff of the 1.50% convertible notes due July 1, 2018 with a principal amount of $253.0 million (the “2018 Notes”) in the third quarter of 2018. Refer to the section titled “Liquidity and Capital Resources” for additional information on the convertible notes.
Other, net primarily included foreign exchange gains and losses related to transactions denominated in foreign currencies, as well as foreign exchange gains and losses related to our intercompany loans and certain cash accounts. Foreign exchange gains and losses for the years ended December 31, 2019, 2018, and 2017, were primarily driven by fluctuations in the euro and US dollar in relation to the British pound.
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Interest income | $8,178 | $7,796 | $2,951
Interest expense | (21,559) | (28,176) | (14,762)
Other, net | 84 | (3,098) | 1,478
Other expense, net | $(13,297) | $(23,478) | $(10,333)


Question: What is the average interest income from 2017-2019?
Answer: 6308.33
Calculation: ($8,178+$7,796+$2,951)/(2019-2017+1)
NOTE 14—INCOME TAXES
Our effective tax rate represents the net effect of the mix of income earned in various tax jurisdictions that are subject to a wide range of income tax rates.
The following is a geographical breakdown of income before the provision for income taxes:
Table:
 |  | Year Ended June 30, | 
 | 2019 | 2018 | 2017
Domestic income (loss) | $269,331 | $238,405 | $110,562
Foreign income | 171,243 | 147,721 | 138,989
Income before income taxes | $440,574 | $386,126 | $249,551


Question: What does the table represent?
Answer: geographical breakdown of income before the provision for income taxes
Research and development
Research and development expense consists primarily of salaries and other personnel-related costs; the cost of products, materials, and outside services used in our R&D activities; and depreciation and amortization expense associated with R&D specific facilities and equipment. We maintain a number of programs and activities to improve our technology and processes in order to enhance the performance and reduce the costs of our solar modules.
The following table shows research and development expense for the years ended December 31, 2019, 2018, and 2017:
Research and development expense in 2019 increased compared to 2018 primarily due to increased material and module testing costs and higher employee compensation expense.
Table:
 |  | Year Ended |  |  | Change |  | 
(Dollars in thousands) | 2019 | 2018 | 2017 | 2019 over 2018 |  | 2018 over 2017 | 
Research and development | $96,611 | $84,472 | $88,573 | $12,139 | 14% | $(4,101) | (5)%
% of net sales . | 3.2% | 3.8% | 3.0% |  |  |  | 


Question: What is the difference in net sales amount between 2018 and 2017?
Answer: -729485.96
Calculation: (84,472 / 3.8%) - (88,573 / 3.0%)
Property and Equipment
Property and equipment are carried at cost. The following is a summary of property and equipment as of September 30, 2019 and 2018(amounts shown in thousands):
Depreciation and amortization of property and equipment are provided using the straight-line method over estimated useful lives ranging from three to ten
years. Leasehold improvements are amortized over the shorter of the lease term or estimated useful life of the assets. Depreciation and amortization of property and equipment totaled $1.4 million, $0.6 million, and $0.3 million for the fiscal years ended September 30, 2019, 2018, and 2017, respectively. Expenditures for repairs and maintenance are charged to operations. Total repairs and maintenance expenses were $0.1 million, $0.1 million and $0.2 million for the fiscal years ended September 30, 2019, 2018, and 2017, respectively.
Table:
 | 2019 | 2018
Property and equipment—at cost: |  | 
Leasehold improvements | $3,575 | $3,825
Equipment | 3,041 | 2,604
Capitalized internal-use software development costs | 1,088 | 916
Furniture and fixtures | 526 | 425
 | 8,230 | 7,770
Less: accumulated depreciation and amortization | (3,999) | (3,105)
Total property and equipment, net | $4,231 | $4,665


Question: What does the table provide for us?
Answer: a summary of property and equipment as of September 30, 2019 and 2018
Revenue
Revenue was $5,517.9 million and $5,878.3 million for 2019 and 2018, respectively. The decrease of $360.4 million, or 6.1% was primarily attributable to an 8.2%, 4.8% and 1.5% decrease in revenue in PSG, ASG and ISG, respectively, which is further explained below. Revenue by reportable segment for each were as follows (dollars in millions):
(1) Certain of the amounts may not total due to rounding of individual amounts.
Revenue from PSG
Revenue from PSG decreased by $249.9 million, or approximately 8%, which was due to a combination of a decrease in volume of products sold and a competitive pricing environment. The revenue in our Protection and Signal Division, Integrated Circuits Division, and High Power Division, decreased by $106.5 million, $96.6 million and $91.5 million, respectively. This was partially offset by an increase in revenue of $30.1 million and $15.0 million from our Foundry Services and Power Mosfet Division, respectively.
Revenue from ASG
Revenue from ASG decreased by $98.9 million, or approximately 5%, which was also due to a combination of a decrease in volume of products sold and a competitive pricing environment. The revenue in our Industrial and Offline Power Division and our Signal Processing, Wireless and Medical Division, decreased by $100.5 million and $56.4 million, respectively. This was partially offset by $84.8 million of revenue from Quantenna, which was acquired during 2019.
Revenue from ISG
Revenue from ISG decreased by $11.6 million, or 1.5%, which was due to a decrease in our Industrial Sensing Division revenue of $20.8 million, primarily due to decreased demand, which was partially offset by an increase in revenue in other divisions.
Table:
 | 2019 | As a % of Revenue (1) | 2018 | As a % of Revenue (1)
PSG | $ 2,788.3 | 50.5 % | $ 3,038.2 | 51.7 %
ASG | 1,972.3 | 35.7 % | 2,071.2 | 35.2 %
ISG | 757.3 | 13.7 % | 768.9 | 13.1 %
Total revenue | $ 5,517.9 |  | $ 5,878.3 | 


Question: What is the average revenue from PSG for 2018 to 2019?
Answer: 2913.25
Calculation: (2,788.3+3,038.2) / 2
Selected financial information from our consolidated balance sheets is as follows:
(1) During 2016, as a result of our then pending sale of a portion of our colocation business and data centers, we reclassified $1.1 billion in net property, plant and equipment and $1.1 billion of goodwill to assets held for sale which is included in other current assets on our consolidated balance sheet. See Note 3—Sale of Data Centers and Colocation Business to our consolidated financial statements in Item 8 of Part II of this report, for additional information.
(2) During 2019 and 2018, we recorded non-cash, non-tax-deductible goodwill impairment charges of $6.5 billion and $2.7 billion, respectively.
(3) In 2015, we adopted both ASU 2015-03 “Simplifying the Presentation of Debt Issuance Costs” and ASU 2015-17 “Balance Sheet Classification of Deferred Taxes” by retrospectively applying the requirements of the ASUs to our previously issued consolidated financial statements.
(4) In 2019, we adopted ASU 2016-02 “Leases (ASC 842)” by using the non-comparative transition option pursuant to ASU 2018-11. Therefore, we have not restated comparative period financial information for the effects of ASC 842.
(5) Total long-term debt includes current maturities of long-term debt and finance lease obligations of $305 million for the year ended December 31, 2016 associated with assets held for sale. For additional information on our total long-term debt, see Note 7— Long-Term Debt and Credit Facilities to our consolidated financial statements in Item 8 of Part II of this report. For total contractual obligations, see “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Future Contractual Obligations” in Item 7 of Part II of this report.
Table:
 |  |  | As of December 31, |  | 
 | 2019 | 2018 | 2017 | 2016 | 2015
 |  |  | (Dollars in millions) |  | 
Net property, plant and equipment(1) | $26,079 | 26,408 | 26,852 | 17,039 | 18,069
Goodwill(1)(2) | 21,534 | 28,031 | 30,475 | 19,650 | 20,742
Total assets(3)(4) | 64,742 | 70,256 | 75,611 | 47,017 | 47,604
Total long-term debt(3)(5) | 34,694 | 36,061 | 37,726 | 19,993 | 20,225
Total stockholders’ equity | 13,470 | 19,828 | 23,491 | 13,399 | 14,060


Question: Which items were reclassified to assets held for sale in 2016?
Answer: net property, plant and equipment, goodwill