hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
7. Property, Plant and Equipment and Leases
Property, plant and equipment at April 30, 2019 and 2018, consisted of the following (in thousands):
Depreciation and amortization expense for the years ended April 30, 2019 and 2018 was $2,802,000 and $2,484,000, respectively.
Maintenance and repairs charged to operations for the years ended April 30, 2019 and 2018 was approximately $309,000 and $466,000, respectively.
The Company leases its Long Island, New York headquarters building. On July 25, 2018, the Company signed an amendment to the lease which extends the current lease terms ten years and eight months through September 30, 2029. Pursuant to the amendment to the lease agreement, the annual rent will increase from $1,046,810 in 2019 to $1,276,056 in 2029. Under the terms of the lease, the Company is required to pay its proportionate share of real estate taxes, insurance and other charges.
In addition, the Company’s subsidiaries in New Jersey and California lease their office and manufacturing facilities. On February 1, 2018, FEI-Elcom entered into a new lease agreement in New Jersey for office and manufacturing space encompassing approximately 9,000 square feet. The monthly rent is $9,673 through the end of the lease which expires in January 31, 2021. FEI-Zyfer has signed a second amendment to its lease in California, which extends the lease an additional 88 months, beginning October 1, 2017 and expiring January 31, 2025. The average annual rent over the period of the amendment is approximately $312,000. FEI-Zyfer leases office and manufacturing space encompassing 27,850 square feet.
Rent expense under operating leases for the years ended April 30, 2019 and 2018 was approximately $1.2 million and $1.7 million, respectively. The Company records rent expense on its New York building and FEI-Zyfer facility on the straight-line method over the lives of the respective leases. As a result, as of April 30, 2019 and 2018, the Company’s Consolidated Balance Sheet included deferred rent payable of approximately $236,000 and $110,000, respectively, which will be recognized over the respective rental periods.
Table:
 | 2019 | 2018
Buildings and building improvements | $2,692 | $2,790
Machinery, equipment and furniture | 57,157 | 57,503
 | 59,849 | 60,293
Less, accumulated depreciation | (46,811 ) | (46,166)
 | $13,038 | $ 14,127


Question: What is the amount of buildings and building improvements in 2019 and 2018 respectively?
Answer: $2,692, $2,790
Item 6. Selected Financial Data
You should read the following selected consolidated financial data in conjunction with Part II, Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations," and our consolidated financial statements and the related notes included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K.
The consolidated statements of income data for each of the years ended December 31, 2019, 2018, and 2017 and the consolidated balance sheets data as of December 31, 2019 and 2018 are derived from our audited consolidated financial statements included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K. The consolidated statements of income data for the years ended December 31, 2016 and 2015 and the consolidated balance sheets data as of December 31, 2017, 2016, and 2015 are derived from our audited consolidated financial statements, except as otherwise noted, that are not included in this Annual Report on Form 10-K. Our historical results are not necessarily indicative of our results in any future period.
(1) Total costs and expenses include 4,840 million, 4,150 million, 3,720 million, 3,220 million, and 2,970 million of share-based compensation for the years ended December 31, 2019, 2018, 2017, 2016, and 2015, respectively.
Table:
 |  |  | Year Ended December 31, |  | 
 | 2019 | 2018 | 2017 | 2016 | 2015
 |  |  | (in millions, except per share data) |  | 
Consolidated Statements of Income Data: |  |  |  |  | 
Revenue | $70,697 | $55,838 | $40,653 | $27,638 | $17,928
Total costs and expenses(1) | $46,711 | $30,925 | $20,450 | $15,211 | $11,703
Income from operations | $23,986 | $24,913 | $20,203 | $12,427 | $6,225
Income before provision for income taxes | $24,812 | $25,361 | $20,594 | $12,518 | $6,194
Net income | $18,485 | $22,112 | $15,934 | $10,217 | $3,688
Net income attributable to Class A and Class B common stockholders | $18,485 | $22,111 | $15,920 | $10,188 | $3,669
Earnings per share attributable to Class A and Class B common stockholders: |  |  |  |  | 
Basic | $6.48 | $7.65 | $5.49 | $3.56 | $1.31
Diluted | $6.43 | $7.57 | $5.39 | $3.49 | $1.29


Question: Which year has the highest amount of revenue?
Answer: 2019
Calculation: 70,697> 55,838> 40,653> 27,638> 17,928
entergy arkansas , inc . management's financial discussion and analysis results of operations net income 2008 compared to 2007 net income decreased $ 92.0 million primarily due to higher other operation and maintenance expenses , higher depreciation and amortization expenses , and a higher effective income tax rate , partially offset by higher net revenue . the higher other operation and maintenance expenses resulted primarily from the write-off of approximately $ 70.8 million of costs as a result of the december 2008 arkansas court of appeals decision in entergy arkansas' base rate case . the base rate case is discussed in more detail in note 2 to the financial statements . 2007 compared to 2006 net income decreased $ 34.0 million primarily due to higher other operation and maintenance expenses , higher depreciation and amortization expenses , and a higher effective income tax rate . the decrease was partially offset by higher net revenue . net revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory credits . following is an analysis of the change in net revenue comparing 2008 to 2007 . amount ( in millions ) .

Table:
 | amount ( in millions )
2007 net revenue | $ 1110.6
rider revenue | 13.6
purchased power capacity | 4.8
volume/weather | -14.6 ( 14.6 )
other | 3.5
2008 net revenue | $ 1117.9
the rider revenue variance is primarily due to an energy efficiency rider which became effective in november 2007 .
the establishment of the rider results in an increase in rider revenue and a corresponding increase in other operation and maintenance expense with no effect on net income .
also contributing to the variance was an increase in franchise tax rider revenue as a result of higher retail revenues .
the corresponding increase is in taxes other than income taxes , resulting in no effect on net income .
the purchased power capacity variance is primarily due to lower reserve equalization expenses .
the volume/weather variance is primarily due to the effect of less favorable weather on residential and commercial sales during the billed and unbilled sales periods compared to 2007 and a 2.9% ( 2.9 % ) volume decrease in industrial sales , primarily in the wood industry and the small customer class .
billed electricity usage decreased 333 gwh in all sectors .
see "critical accounting estimates" below and note 1 to the financial statements for further discussion of the accounting for unbilled revenues. .

Question: what is the net change in net revenue during 2008 for entergy arkansas?
Answer: 7.3
Calculation: subtract(1117.9, 1110.6)
(4) Goodwill, Customer Relationships and Other Intangible Assets
Goodwill, customer relationships and other intangible assets consisted of the following:
Our goodwill was derived from numerous acquisitions where the purchase price exceeded the fair value of the net assets acquired (including the acquisition described in Note 2—Acquisition of Level 3). As of December 31, 2019, the weighted average remaining useful lives of the intangible assets were approximately 8 years in total, approximately 9 years for customer relationships, 4 years for capitalized software and 3 years for trade names.
Total amortization expense for intangible assets for the years ended December 31, 2019, 2018 and 2017 was $1.7 billion, $1.8 billion and $1.2 billion, respectively. As of December 31, 2019, the gross carrying amount of goodwill, customer relationships, indefinite-life and other intangible assets was $44.0 billion.
Table:
 | As of December 31 | 
 | 2019 | 2018
 | (Dollars in million) | 
Goodwill | $21,534 | 28,031
Customer relationships, less accumulated amortization of $9,809 and $8,492 | $7,596 | 8,911
Indefinite-life intangible assets | $269 | 269
Other intangible assets subject to amortization: |  | 
Capitalized software, less accumulated amortization of $2,957 and $2,616 | $1,599 | 1,468
Trade names, less accumulated amortization of $91 and $61 | 103 | 131
Total other intangible assets, net | $1,971 | 1,868


Question: The weighted average remaining useful lives of which items were provided?
Answer: intangible assets, customer relationships, capitalized software, trade names
Liability Insurance
The Company carries property, general liability, vehicle liability, directors’ and officers’ liability and workers’ compensation insurance. Additionally, the Company carries an umbrella liability policy to provide excess coverage over the underlying limits of the aforementioned primary policies.
The Company’s insurance programs for workers’ compensation, general liability, and employee related health care benefits are provided through high deductible or self-insured programs. Claims in excess of self-insurance levels are fully insured subject to policy limits. Accruals are based on historical claims experience, actual claims filed, and estimates of claims incurred but not reported.
The Company’s liabilities for unpaid and incurred, but not reported claims, for workers’ compensation, general liability, and health insurance at September 2019 and September 2018 was $1.5 million and $1.6 million, respectively. These amounts are included in accrued expenses in the accompanying Consolidated Balance Sheets. While the ultimate amount of claims incurred is dependent on future developments, in the Company’s opinion, recorded reserves are adequate to cover the future payment of claims previously incurred. However, it is possible that recorded reserves may not be adequate to cover the future payment of claims.
Adjustments, if any, to claims estimates previously recorded, resulting from actual claim payments, are reflected in operations in the periods in which such adjustments are known.
A summary of the activity in the Company’s self-insured liabilities reserve is set forth below (in millions):
Table:
 | 2019 | 2018
Beginning balance | $1.6 | $1.5
Charged to expense | 5.4 | 5.8
Payments | (5.5) | (5.7)
Ending balance | $ 1.5 | $ 1.6


Question: What are the company's respective liabilities for unpaid and incurred, but not reported claims, for workers’ compensation, general liability, and health insurance at September 2019 and September 2018?
Answer: $1.5 million, $1.6 million
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
The components of the prepaid (accrued) cost of the domestic and foreign pension plans are classified in the following lines in the Consolidated Balance Sheets at December 31:
Table:
 | U.S.Pension Plans |  | Non-U.S. Pension Plans | 
 | 2019 | 2018 | 2019 | 2018
Prepaid pension asset | $62,082 | $54,100 | $— | $—
Accrued expenses and other liabilities | (100) | (100) | — | —
Long-term pension obligations | (1,045) | (992) | (1,214) | (1,331)
Net prepaid (accrued) cost | $60,937 | $53,008 | $(1,214) | $(1,331)


Question: What was the percentage change in Long-term pension obligations for U.S. Pension Plans between 2018 and 2019?
Answer: 5.34
Calculation: (-1,045-(992))/-992
Item 16C. Principal Accountant Fees and Services
Our principal accountant for 2019 and 2018 was KPMG LLP, Chartered Professional Accountants. The following table shows the fees Teekay and our subsidiaries paid or accrued for audit and other services provided by KPMG LLP for 2019 and 2018.
(1) Audit fees represent fees for professional services provided in connection with the audits of our consolidated financial statements and effectiveness of internal control over financial reporting, reviews of our quarterly consolidated financial statements and audit services provided in connection with other statutory or regulatory filings for Teekay or our subsidiaries including professional services in connection with the review of our regulatory filings for public offerings of our subsidiaries.
Audit fees for 2019 and 2018 include approximately $928,300 and $859,000, respectively, of fees paid to KPMG LLP by Teekay LNG that were approved by the Audit Committee of the Board of Directors of the general partner of Teekay LNG. Audit fees for 2019 and 2018 include approximately $588,200 and $517,000, respectively, of fees paid to KPMG LLP by our subsidiary Teekay Tankers that were approved by the Audit Committee of the Board of Directors of Teekay Tankers.
(2) Audit-related fees consisted primarily of accounting consultations, employee benefit plan audits, services related to business acquisitions, divestitures and other attestation services. (3) For 2019 and 2018, tax fees principally included corporate tax compliance fees.
The Audit Committee has the authority to pre-approve audit-related and non-audit services not prohibited by law to be performed by our independent auditors and associated fees. Engagements for proposed services either may be separately pre-approved by the Audit Committee or entered into pursuant to detailed pre-approval policies and procedures established by the Audit Committee, as long as the Audit Committee is informed on a timely basis of any engagement entered into on that basis.
The Audit Committee separately pre-approved all engagements and fees paid to our principal accountants in 2019 and 2018.
Table:
Fees (in thousands of U.S. dollars) | 2019 | 2018
Audit Fees (1) | 2,723 | 2,529
Audit-Related Fees (2) | 33 | 59
Tax Fees (3) | 23 | 32
Total | 2,779 | 2,620
 |  | 


Question: What is the increase/ (decrease) in Audit Fees from 2019 to 2018?
Answer: 194
Calculation: 2,723-2,529
The following unaudited pro forma financial information is presented as if the acquisitions had taken place at the beginning of the periods presented and should not be taken as representative of the Company’s future consolidated results of operations. The following unaudited pro forma information includes adjustments for the amortization expense related to the identified intangible assets.
The following table summarizes the Company’s unaudited pro forma financial information is presented as if the acquisitions occurred on October 1, 2017 (amounts shown in thousands):
For the year ended September 30, 2018, revenue of $9.1 million and a net loss of $5.3 million related to the A2iA and ICAR businesses since the respective acquisition dates are included in the Company's consolidated statements of operations.
Table:
 | For the years ended September 30, | 
 | 2019 | 2018
Pro forma revenue | $86,206 | $78,130
Pro forma net income (loss) | $889 | $(12,268)


Question: What is the percentage change in pro forma revenue from 2018 to 2019? 
Answer: 10.34
Calculation: (86,206-78,130)/78,130
Revenues. Revenues increased by 25% to RMB105.8 billion for the fourth quarter of 2019 on a year-on-year basis. The following table sets forth our revenues by line of business for the fourth quarter of 2019 and the fourth quarter of 2018:
Revenues from VAS increased by 20% to RMB52,308 million for the fourth quarter of 2019 on a year-on-year basis. Online games revenues grew by 25% to RMB30,286 million. The increase was primarily driven by revenue growth from smart phone games in both domestic and overseas markets, including titles such as Peacekeeper Elite and PUBG Mobile, as well as revenue contributions from Supercell titles, partly offset by lower revenues from PC client games such as DnF. Social networks revenues increased by 13% to RMB22,022 million. The increase mainly reflected greater contributions from digital content services such as live broadcast and music streaming services. Total smart phone games revenues (including smart phone games revenues attributable to our social networks business) were RMB26,035 million and PC client games revenues were RMB10,359 million for the fourth quarter of 2019.
Revenues from FinTech and Business Services increased by 39% to RMB29,920 million for the fourth quarter of 2019 on a year-on-year basis. The increase was primarily due to greater revenue contributions from commercial payment, as well as revenue growth from cloud services as a result of deeper penetration in key verticals.
Revenues from Online Advertising increased by 19% to RMB20,225 million for the fourth quarter of 2019 on a year-onyear basis. Social and others advertising revenues increased by 37% to RMB16,274 million. The increase was mainly driven by advertising revenue growth from Weixin Moments and our mobile advertising network. Media advertising revenues decreased by 24% to RMB3,951 million. The decrease primarily reflected lower advertising revenues from our media platforms including Tencent Video and Tencent News due to uncertain broadcasting schedules and fewer telecasts of sports events.
Table:
 | Unaudited |  |  | 
 | Three months ended |  |  | 
 | 31 December 2019 |  | 31 December 2018 | 
 |  | % of total |  | % of total
 | Amount | revenues | Amount | revenues
 |  |  | (Restated) | (Restated)
 | (RMB in millions, unless specified) |  |  | 
VAS | 52,308 | 50% | 43,651 | 51%
FinTech and Business Services | 29,920 | 28% | 21,597 | 26%
Online Advertising | 20,225 | 19% | 17,033 | 20%
Others | 3,314 | 3% | 2,615 | 3%
Total revenues | 105,767 | 100% | 84,896 | 100%


Question: How much is the change in VAS revenue between the fourth quarter of 2018 and 2019?
Answer: 8657
Calculation: 52,308-43,651
8. OTHER NON-CURRENT ASSETS
* relates to certain office lease contracts. Optional periods are not included in the calculation.
Table:
All figures in USD ‘000  | 2019 | 2018
Fixture, Furniture and Equipment | 65 | 128
Right of Use Asset* | 1,412 | -
Other   | 57 | 83
Total as of December 31,   | 1,534 | 211


Question: What does the Right of Use Asset refer to?
Answer: relates to certain office lease contracts
6. Revenue continued
Contract assets and liabilities recognised at 31 March 2019 are as follows:
£1,216m of the contract liability recognised at 1 April 2018 was recognised as revenue during the year. Impairment losses of £36m were recognised on contract assets during the year. Other than business-as-usual movements there were no significant changes in contract asset and liability balances during the year.
Table:
 | 31 March 2019 | 1 April 2018
 | £m | £m
Contract assets |  | 
Current | 1,353 | 1,417
Non-current | 249 | 198
 | 1,602 | 1,615
Contract liabilities |  | 
Current | 1,225 | 1,406
Non-current | 200 | 87
 | 1,425 | 1,493


Question: How much contract liability was recognised at 1 April 2018?
Answer: £1,216m of the contract liability recognised at 1 April 2018
2. Inventories
Inventories as of September 28, 2019 and September 29, 2018 consisted of the following (in thousands):
In certain circumstances, per contractual terms, customer deposits are received by the Company to offset obsolete and excess inventory risks. The total amount of customer deposits related to inventory and included within current liabilities on the accompanying Consolidated Balance Sheets as of September 28, 2019 and September 29, 2018 was $136.5 million and $87.7 million, respectively.
In fiscal 2019, the Company adopted and applied Topic 606 to all contracts using the modified retrospective method of adoption. The prior year comparative information has not been restated and continues to be reported under the accounting standards in effect for fiscal 2018. Refer to Note 15, "Revenue from Contracts with Customers," for further information.
Table:
 | 2019 | 2018
Raw materials | $577,545 | $579,377
Work-in-process  | 49,315 | 102,337
Finished goods  | 74,078 | 112,632
Total inventories, net | $700,938 | $794,346


Question: What was the amount of customer deposits related to inventory and included within current liabilities on the accompanying Consolidated Balance Sheets in 2019?
Answer: 136.5
Activity under our stock option plans is summarized as follows:
(a) Weighted-average exercise price
(b) Weighted-average contractual life remaining
The total aggregate intrinsic value of options exercised is $2,149, $1,724, and $1,944 for fiscal years ended March 31, 2017, 2018, and 2019, respectively.
Table:
 | Number of Shares | Average Price (a) | Average Life (years) (b) | Aggregate Intrinsic Value
Outstanding at March 31, 2018 | 1,894 | $12.90 | - | -
Options granted | - | - | - | -
Options exercised | (326) | 13.11 | - | $1,944
Options cancelled/forfeited | (122) | 13.22 | - | 295
Outstanding at March 31, 2019 | 1,446 | $12.82 | 3.29 | $6,528
Exercisable at March 31, 2019 | 1,347 | $12.70 | 3.08 | $6,253


Question: What is the number of shares outstanding at March 31, 2018 and 2019 respectively?
Answer: 1,894, 1,446
NOTE 5 – PROPERTY AND EQUIPMENT
The Company owned equipment recorded at cost, which consisted of the following as of December 31, 2019 and 2018:
Depreciation expense was $80,206 and $58,423 for the years ended December 31, 2019 and 2018, respectively
Table:
 | 2019 | 2018
Computer equipment | $137,763 | $94,384
Furniture and fixtures | 187,167 | 159,648
Subtotal | 324,930 | 254,032
Less accumulated depreciation | 148,916 | 104,702
Property and equipment, net | $176,014 | $149,330


Question: What is the percentage change in the net cost of property and equipment from 2018 to 2019?
Answer: 17.87
Calculation: (176,014-149,330)/149,330
2019 Performance Target and Payout: The ultimate number of our PBRS that vest, can range between 0% to 200%, and will be based on our achievement of the absolute Adjusted EBITDA Run Rate target (measured from fourth quarter of 2018 to fourth quarter of 2020), as illustrated in the table below.
(1) Determined by dividing (i) the Adjusted EBITDA actually attained for the fourth quarter of 2020 minus the Adjusted EBITDA actually attained for the fourth quarter of 2018 by (ii) the Adjusted EBITDA actually attained for the fourth quarter of 2018.
(2) Linear interpolation is used when our Adjusted EBITDA Run Rate performance is between the threshold, target and maximum amounts to determine the corresponding percentage of target award earned.
Table:
Performance Level | Adjusted EBITDA Run Rate(1) | Payout as % of Target Award(2)
Maximum | ≥ 2.8% | 200%
Target | 0.0% | 100%
Threshold | (2.8)% | 50%
Below Threshold | < (2.8)% | 0%


Question: How is the Adjusted EBITDA Run Rate determined?
Answer: Determined by dividing (i) the Adjusted EBITDA actually attained for the fourth quarter of 2020 minus the Adjusted EBITDA actually attained for the fourth quarter of 2018 by (ii) the Adjusted EBITDA actually attained for the fourth quarter of 2018