hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
The following table summarizes restricted stock-based award activity, including service-based awards and performance-based awards, granted pursuant to Oracle-based stock plans and stock plans assumed from our acquisitions for our last three fiscal years ended May 31, 2019 :
The total grant date fair value of restricted stock-based awards that were vested and issued in fiscal 2019, 2018 and 2017 was $1.3 billion, $1.0 billion and $715 million, respectively. As of May 31, 2019, total unrecognized stock-based compensation expense related to non-vested restricted stock-based awards was $2.8 billion and is expected to be recognized over the remaining weighted-average vesting period of 2.68 years.
No PSUs were granted in each of fiscal 2019 and 2018. In fiscal 2017, 1.7 million PSUs were granted which vest upon the attainment of certain performance metrics and service-based vesting. Based upon actual attainment relative to the “target” performance metric, certain participants have the ability to be issued up to 150% of the target number of PSUs originally granted, or to be issued no PSUs at all. In fiscal 2019, 2.4 million PSUs vested and 1.3 million PSUs remained outstanding as of May 31, 2019.
Table:
 |  | Restricted Stock-Based Awards Outstanding
(in millions, except fair value) | Number of Shares | Weighted-Average Grant Date Fair Value
Balance, May 31, 2016 | 52 | $39.29
Granted | 42 | $39.40
Assumed | 14 | $37.83
Vested and Issued | (18) | $40.39
Canceled | (7) | $39.73
Balance, May 31, 2017 | 83 | $39.18
Granted | 44 | $47.42
Vested and Issued | (27) | $39.10
Canceled | (11) | $41.97
Balance, May 31, 2018 | 89 | $42.93
Granted | 53 | $42.47
Vested and Issued | (31) | $41.85
Canceled | (12) | $42.97
Balance, May 31, 2019 | 99 | $43.01


Question: How many shares were granted over the 3 year period from 2017 to 2019 ?
Answer: 139
Calculation: (42+44+53)
Interest Income and Interest Expense
Interest income is earned on our cash, cash equivalents, restricted cash and marketable securities. The increase in interest income in fiscal 2019 compared to fiscal 2018 was attributable to higher investment yields, related in part to longer duration investments, as well as higher average investment balances.
Interest expense primarily includes interest on our term loans, partially offset by income from our interest-rate swap derivative contracts, as well as term loan issuance costs amortization charges. The decrease in interest expense in fiscal 2019 compared to fiscal 2018 was primarily due to lower outstanding debt balances related to the CMI acquisition as a result of principal payments made, partially offset by additional interest expense related to the term loan originated to finance the acquisition of FRT.
Other Income (Expense), Net
Other income (expense), net primarily includes the effects of foreign currency impact and various other gains and losses.
Table:
 |  | Fiscal Year Ended | 
 | December 28, 2019 | December 29, 2018 | December 30, 2017
 |  | (Dollars in thousands) | 
Interest income | $2,714 | $1,356 | $548
Weighted average balance of cash and investments | $179,526 | $138,467 | $124,637
Weighted average yield on cash and investments   | 2.05 % | 1.51 % | 0.84 %
Interest expense | $1,915 | $3,314 | $4,491
Average debt outstanding | $56,776 | $90,086 | $127,598
Weighted average interest rate on debt | 4.09 % | 3.98 % | 3.07 %


Question: What is the change in Weighted average balance of cash and investments from Fiscal Year Ended December 28, 2019 to December 29, 2018?
Answer: 41059
Calculation: 179,526-138,467
Warranty Reserves
We provide warranties on the majority of our product sales and reserves for estimated warranty costs are recorded during the period of sale. The determination of such reserves requires us to make estimates of product return rates and expected costs to repair or replace the products under warranty. We currently establish warranty reserves based on historical warranty costs for each product line. The weighted average warranty period covered is approximately 15 to 18 months. If actual return rates and/or repair and replacement costs differ significantly from our estimates, adjustments to cost of sales may be required in future periods.
Components of the reserve for warranty costs during fiscal 2019, 2018 and 2017 were as follows (in thousands):
Table:
 |  | Fiscal | 
 | 2019 | 2018 | 2017
Beginning balance | $40,220 | $36,149 | $15,949
Additions related to current period sales | 52,271 | 58,865 | 41,365
Warranty costs incurred in the current period | (54,538) | (51,935) | (31,825)
Accruals resulting from acquisitions | 21 | 179 | 14,314
Adjustments to accruals related to foreign exchange and other | (1,514) | (3,038) | (3,654)
Ending balance | $36,460 | $40,220 | $36,149


Question: What was the percentage change in Beginning balance in 2019 from 2018?
Answer: 11.26
Calculation: (40,220-36,149)/36,149
Cash Conversion Cycle
The following table presents the components of our cash conversion cycle for the fourth quarter of each of the past three fiscal years:
(1) Days sales outstanding, referred to as DSO, calculates the average collection period of our receivables. DSO is based on ending accounts receivable and net revenue for each period. DSO is calculated by dividing accounts receivable by average net revenue per day for the current quarter (91 days for each of the fourth quarters presented above). The year over year increases in DSO in the fourth quarter of fiscal 2019 and fiscal 2018 were primarily due to less favorable shipping linearity and, in the case of fiscal 2019, one of our major distributors choosing not to take advantage of an early payment discount.
(2) Days inventory outstanding, referred to as DIO, measures the average number of days from procurement to sale of our products. DIO is based on ending inventory and cost of revenues for each period. DIO is calculated by dividing ending inventory by average cost of revenues per day for the current quarter. The increase in DIO in the fourth quarter of fiscal 2019 compared to the corresponding period of fiscal 2018 was primarily due to higher levels of finished goods on hand at the end of fiscal 2019. Compared to the corresponding period in fiscal 2017, the decrease in DIO in the fourth quarter of fiscal 2018 was due primarily to strong product sales towards the end of the fourth quarter of fiscal 2018.
(3) Days payables outstanding, referred to as DPO, calculates the average number of days our payables remain outstanding before payment. DPO is based on ending accounts payable and cost of revenues for each period. DPO is calculated by dividing accounts payable by average cost of revenues per day for the current quarter. DPO for the fourth quarter of fiscal 2019 was relatively unchanged compared to the fourth quarter of fiscal 2018, while it increased compared to the corresponding period in fiscal 2017 was primarily the result of improved vendor payables management and extensions of payment terms with our suppliers.
(4) The cash conversion cycle is the sum of DSO and DIO less DPO. Items which may cause the cash conversion cycle in a particular period to differ include, but are not limited to, changes in business mix, changes in payment terms (including extended payment terms from suppliers), the extent of shipment linearity, seasonal trends and the timing of revenue recognition and inventory purchases within the period.
Table:
 | Three Months Ended |  | 
(in days) |  |  | 
Three Months Ended | April 26, 2019 | April 27, 2018 | April 28, 2017
Days sales outstanding (1) | 70 | 58 | 45
Days inventory outstanding (2) | 21 | 18 | 26
Days payables outstanding (3) | (87) | (90) | (56)
Cash conversion cycle (4) | 3 | (14 ) | 15
Days may not add due to rounding |  |  | 


Question: How was Days sales outstanding calculated?
Answer: dividing accounts receivable by average net revenue per day for the current quarter (91 days for each of the fourth quarters presented above)
9. Audit, audit related and other non-audit services  The following fees were paid or are payable to the company’s auditors, KPMG LLP and other firms in the KPMG network, for the year ended 31 March 2019. Figures in the table below for the years ended 31 March 2017 and 2018 are in respect of fees paid to the company’s previous auditors, PricewaterhouseCoopers LLP.
a Services in relation to the audit of the parent company and the consolidated financial statements, including fees for reports under section 404 of the Sarbanes-Oxley Act. This also includes fees payable for the statutory audits of the financial statements of subsidiary companies. This excludes amounts for the audit of BT Group Employee Share Ownership Trust and Ilford Trustees (Jersey) Limited amounting to £32,000.
b During the year a further £446,000 of fees were payable to PricewaterhouseCoopers LLP in relation to the audit of 2017/18 subsidiary accounts and the audit of our restated IAS 19 accounting valuation of retirement benefit obligations, which have not been included in the 2019 balances in the above table.
c Services in relation to other statutory filings or engagements that are required by law or regulation to be carried out by an appointed auditor. This includes fees for the review of interim results, the accrued fee for the audit of the group’s regulatory financial statements and reporting associated with the group’s US debt shelf registration. d Services relating to tax returns, tax audits, monitoring and enquiries.
e Fees payable for all taxation advisory services not falling within taxation compliance. All other assurance services include fees payable to KPMG LLP for agreed upon procedures performed on the estimated impact of the new IFRS 15 revenue accounting standard, which took effect from 1 April 2018 for the 2017/18 audit. g Fees payable for all non-audit services not covered above, principally comprising other advisory services.
f All other assurance services include fees payable to KPMG LLP for agreed upon procedures performed on the estimated impact of the new IFRS 15 revenue accounting standard, which took effect from 1 April 2018 for the 2017/18 audit.
g Fees payable for all non-audit services not covered above, principally comprising other advisory services.
Table:
 | 2019 | 2018 | 2017
Year ended 31 March | £000 | £000 | £000
Fees payable to the company’s auditors and its associates for: |  |  | 
Audit services a,b |  |  | 
The audit of the parent company and the consolidated financial statements | 8,165 | 5,418 | 4,316
The audit of the company’s subsidiaries | 6,061 | 5,877 | 5,675
 | 14,226 | 11,295 | 9,991
Audit related assurance services c | 2,236 | 1,771 | 1,865
Other non-audit services |  |  | 
Taxation compliance services d | – | – | 366
Taxation advisory services e | – | – | 111
All other assurance services f | 748 | 211 | 200
All other services g | 210 | 592 | 2,332
 | 958 | 803 | 3,009
Total services | 17,420 | 13,869 | 14,865


Question: What is the average The audit of the company’s subsidiaries from 2017-2019?
Answer: 5871
Calculation: (6,061 + 5,877 + 5,675) / 3
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 20 — Geographic Data
Financial information relating to our operations by geographic area were as follows:
Sales are attributed to countries based upon the origin of the sale.
Table:
 |  | Years Ended December 31, | 
Net Sales | 2019 | 2018 | 2017
United States | $279,904 | $313,489 | $287,092
Singapore | 32,957 | 6,724 | 5,596
Taiwan | 19,810 | 20,802 | 18,586
China | 87,342 | 79,380 | 66,510
Czech Republic | 33,214 | 36,528 | 34,476
Other non-U.S. | 15,772 | 13,560 | 10,733
Consolidated net sales | $468,999 | $470,483 | $422,993


Question: What was the net sales from Other non-U.S. countries in 2019?
Answer: 15,772
entergy corporation and subsidiaries notes to financial statements as of december 31 , 2008 , system energy had future minimum lease payments ( reflecting an implicit rate of 5.13% ( 5.13 % ) ) , which are recorded as long-term debt as follows : amount ( in thousands ) .

Table:
 | amount ( in thousands )
2009 | $ 47760
2010 | 48569
2011 | 49437
2012 | 49959
2013 | 50546
years thereafter | 103890
total | 350161
less : amount representing interest | 54857
present value of net minimum lease payments | $ 295304
.

Question: what percent lower is the net present than the total payments value of lease payments?
Answer: 15.67%
Calculation: divide(350161, 295304)
Dividends
The following table shows our total cash dividends paid in the years ended December 31:
On February 13, 2020, our Board of Directors declared a quarterly cash dividend of $0.16 per common share payable on March 20, 2020 to stockholders of record at the close of business on March 6, 2020. The estimated amount of this dividend payment is $24.8 million based on 154.7 million shares of our common stock issued and outstanding as of February 21, 2020.
The dividend payments discussed above are recorded as reductions to cash and cash equivalents and retained earnings on our Consolidated Balance Sheets. Our credit facility and our senior notes contain covenants that restrict our ability to declare or pay dividends and repurchase stock. However, we do not believe these covenants are likely to materially limit the future payment of quarterly cash dividends on our common stock. From time to time, we may consider other means of returning value to our stockholders based on our consolidated financial condition and results of operations. There is no guarantee that our Board of Directors will declare any further dividends.
Table:
(In millions, except per share amounts) | Total Cash Dividends Paid | Total Cash Dividends Paid Per Common Share
2017 | $119.7 | $0.64
2018 | 102.9 | 0.64
2019 | 99.1 | 0.64
Total | $321.7 | 


Question: What is the total cash dividends paid for 2019 expressed as percentage of the total cash dividends paid for all years?
Answer: 30.81
Calculation: 99.1/321.7
Manoj Shetty
(1) Represents accelerated vesting of 20,687 stock options. Pursuant to Mr. Shetty's stock option agreement (January 17, 2019), if Mr.
Shetty’s employment is terminated without cause or for good reason within six months following a “change in control”, he will become
immediately vested in all outstanding unvested stock options, and all of Mr. Shetty’s outstanding options shall remain exercisable in
accordance with their terms, but in no event for less than 90 days after such termination
(2) Represents accelerated vesting of 8,107 unvested performance restricted stock units. Pursuant to Mr. Shetty's performance restricted
stock unit agreement (dated January 17, 2019), if Mr. Shetty’s employment is terminated without cause or for good reason within six
months following a “change in control” or if Mr. Shetty's employment is terminated due to death or total disability, all non-vested units
shall accelerate and be vested as of the date of termination.
Table:
Type of Payment | Termination by Systemax without “Cause” or Resignation by Employee for “good reason” ($) | Termination Due to Death or Total Disability ($) Termination Due to Death or Total Disability ($) Termination Due to Death or Total Disability ($) | Change In Control Only ($) | Termination by Systemax without “Cause” or Resignation by Employee for “good reason” within a certain period of time following a Change in Control ($)
Cash Compensation (Salary & Non-Equity Incentive Compensation Cash Compensation (Salary & Non-Equity Incentive | - | - | - | -
Value of Accelerated Vesting of Stock Option Awards | - | - | - | 74,100 (1)
Value of Accelerated Vesting of Restricted Stock Unit Awards | - | - | - | -
Value of Accelerated Vesting of Performance Restricted Stock Unit Awards | - - | 204,000 (2) | - | 204,000 (2)
Medical and Other Benefits | - | - | - | -
Total | - | 204,000 | - | 278,100


Question: What is Manoj Shetty's total accelerated vesting of stock options and unvested performance restricted stock units?
Answer: 28794
Calculation: 20,687 + 8,107
NOTE 8—INVENTORIES
Inventories consist of the following (in thousands):
At September 30, 2019, work in process and inventoried costs under long-term contracts includes approximately $5.8 million in costs incurred outside the scope of work or in advance of a contract award compared to $0.9 million at September 30, 2018. We believe it is probable that we will recover the costs inventoried at September 30, 2019, plus a profit margin, under contract change orders or awards within the next year.
Costs we incur for certain U.S. federal government contracts include general and administrative costs as allowed by government cost accounting standards. The amounts remaining in inventory at September 30, 2019 and 2018 were $0.5 million and $2.0 million, respectively.
Table:
 |  | September 30,
 | 2019 | 2018
Finished products | $10,905 | $7,099
Work in process and inventoried costs under long-term contracts | 46,951 | 63,169
Materials and purchased parts | 48,938 | 23,710
Customer advances | — | (9,779)
Net inventories | $  106,794 | $  84,199


Question: What is the percentage change in net inventories from 2018 to 2019?
Answer: 26.84
Calculation: (106,794-84,199)/84,199
4. SEPARATELY DISCLOSED ITEMS
The Group has disclosed underlying EBITDA1 and underlying profit after tax, referring to the Group’s trading results adjusted for certain transactions during the year that are not representative of the Group’s regular business activities. The Group considers that these transactions are of such significance to understanding the ongoing results of the Group that the Group has elected to separately identify these transactions to determine an ongoing result to enable a 'like-for-like' comparison. These items are described as 'separately disclosed items' throughout this Financial Report.
Transaction costs related to the acquisition of Sigma Systems (2018: acquisition of Enoro)
Transaction costs of $2,063,000 were incurred in relation to the acquisition of the Sigma Systems group of entities (Sigma). These include costs associated with vendor due diligence, legal and other administrative matters, as well as related travel costs incurred to meet representatives of Sigma’s management. These costs are included with 'Travel Expenses' and 'Other Expenses' in the Group’s consolidated statement of comprehensive income.
Further details of the acquisition of Sigma are described in Note 24.
In the prior year, transaction costs of $677,000 were incurred in relation to the acquisition of Enoro Holdings AS (subsequently renamed to Hansen Technologies Holdings AS during FY19) and its controlled subsidiaries. These costs were included with 'Other Expenses' in the Group’s consolidated statement of comprehensive income in the prior year.
Onerous lease provision
The Group recognised a provision on future lease payments for one of our offices in the Americas, as the non-cancellable future payments in the lease contract are expected to exceed the benefits from keeping the office over the remainder of the lease term. The Group has separately identified these costs because it is not in the normal course of business activities. These costs are included with 'Property and Operating Rental Expenses' in the Group’s consolidated statement of comprehensive income.
Restructuring costs incurred in Sigma Systems
Included in Sigma’s results for June are $72,000 of restructuring costs related to certain redundancy payments post-acquisition. These costs are included with 'Employee Benefit Expenses' in the Group’s consolidated statement of comprehensive income.
Table:
 |  | 2019 | 2018
 | Note | $’000 | $’000
Decrease to profit before tax |  |  | 
Transaction costs related to the acquisition of Sigma Systems (2018: acquisition of Enoro) | 24 | (2,063) | (677)
Onerous lease provision | 14 | (659) | -
Restructuring costs incurred in Sigma Systems |  | (72) | -
Total separately disclosed items |  | (2,794) | (677)


Question: What was the transaction costs in 2018 comprised of?
Answer: the acquisition of Enoro Holdings AS (subsequently renamed to Hansen Technologies Holdings AS during FY19) and its controlled subsidiaries.
Stock-Based Compensation
The Company accounts for options granted to employees by measuring the cost of services received in exchange for the award of equity instruments based upon the fair value of the award on the date of grant. The fair value of that award is then ratably recognized as an expense over the period during which the recipient is required to provide services in exchange for that award.
Options and warrants granted to consultants and other non-employees are recorded at fair value as of the grant date and subsequently adjusted to fair value at the end of each reporting period until such options and warrants vest, and the fair value of such instruments, as adjusted, is expensed over the related vesting period.
The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. The fair value of the award is measured on the grant date and recognized over the period services are required to be provided in exchange for the award, usually the vesting period. Forfeitures of unvested stock options are recorded when they occur.
The Company incurred stock-based compensation charges of $3.5 million and $1.5 million for each of the years ended December 31, 2019 and 2018, respectively, which are included in general and administrative expenses. The following table summarizes the nature of such charges for the periods then ended (in thousands):
Table:
 | For the Years Ended December 31, | 
 | 2019 | 2018
Compensation and related benefits | $3,247 | $949
Professional and legal fees | 242 | 545
Totals  | 3,489 | $1,494


Question: In which year was Professional and legal fees less than 500 thousands?
Answer: 2019
Calculation: locate and analyze Professional and legal fees in row 4
Group Value Added Statements
Note:
(1) FY 2018 included the gain on disposal of economic interest in NetLink Trust of S$2.03 billion.
Table:
 | FY 2019 | FY 2018
 | S$ million | S$ million
Value added from: |  | 
Operating revenue | 17,372 | 17,268
Less: Purchases of goods and services | (10,307) | (9,716)
 | 7,065 | 7,552
Other income | 225 | 259
Interest and investment income (net) | 38 | 45
Share of results of associates (post-tax) | 1,563 | 1,804
Exceptional items (1) | 68 | 1,895
 | 1,894 | 4,003
Total value added | 8,959 | 11,555
Distribution of total value added |  | 
To employees in wages, salaries and benefits | 2,597 | 2,760
To government in income and other taxes | 675 | 703
To providers of capital on: |  | 
- Interest on borrowings | 393 | 390
- Dividends to shareholders | 2,857 | 3,346
Total distribution | 6,522 | 7,199
Retained in business |  | 
Depreciation and amortisation | 2,222 | 2,250
Retained profits | 238 | 2,127
Non-controlling interests | (23) | (21)
 | 2,437 | 4,356
Total value added | 8,959 | 11,555
Average Number of employees | 24,071 | 25,614


Question: What was included in the exceptional items in FY2018?
Answer: FY 2018 included the gain on disposal of economic interest in NetLink Trust of S$2.03 billion.
(2) Includes property and equipment acquired under capital leases:
Depreciation and amortization expense was $25.2 million, $17.5 million, and $11.8 million for the years ended March 31, 2019, 2018 and 2017, respectively. Depreciation and amortization expense in the years ended March 31, 2019, 2018 and 2017 included $1.2 million, $0.9 million and $0.1 million related to property and equipment acquired under capital leases.
Table:
 | As of March 31, | 
 | 2019 | 2018
Computer equipment | $4,754 | $4,713
Less: Accumulated amortization | (2,228) | (990)
 | $2,526 | $3,723


Question: What is the change in Accumulated amortization from March 31, 2018 to March 31, 2019?
Answer: 1238
Calculation: 2,228-990