hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
For the years ended December: (in millions)
(1) Excludes approximately $5.6 million of reserves related to notes receivable and tax refund receivables originated in 2016.
(2) Excludes approximately $0.4 million of reserves related to non-trade receivables.
(3) Amounts represent gross revenue and cost reversals to the estimated sales returns and allowances accounts.
(4) Amounts in 2019 and 2018 are reported within accrued expenses and other current liabilities, as Product Returns Liability (see Note 4 and 9).
(5) Amounts in 2019 and 2018 are reported within prepaid expenses and other current assets.
Table:
Description | Balance at Beginning of Period |  | Write-offs | Other | Balance at End of Period
Allowance for doubtful accounts |  |  |  |  | 
2019 | $1.0 | $1.0 | $(0.8) | $0.0 | $1.2 (1)
2018 | $1.1 | $0.7 | $(0.8) | $0.0 | $1.0 (1)
2017 | $9.1 | $1.0 | $(0.9) | $0.0 | $1.1 (1) (2)
Allowance for sales returns (4) |  |  |  |  | 
2019 | $0.0 | $0.0 | $0.0 | $0.0 | $0.0
2018 | $0.0 | $0.0 | $0.0 | $0.0 | $0.0
2017 | $1.4 | $1.4 | $0.0 | $(1.4) (3) | $1.4
Allowance for inventory returns (5) |  |  |  |  | 
2019 | $0.0 | $0.0 | $0.0 | $0.0 | $0.0
2018 | $0.0 | $0.0 | $0.0 | $0.0 | $0.0
2017 | $(0.6) | $(0.5) | $0.0 | $0.6 (3) | $(0.5)
Allowance for deferred tax assets |  |  |  |  | 
2019 | $18.3 | $(0.3) | $0.0 | $(1.2) | $16.8)
2018 | $18.3 | $(0.3) | $0.0 | $0.3 | $18.3
2017 | $69.0 | $(28.6) | $(2.9) | $(19.2) | $18.3


Question: What does the "other" description in allowance for sales return in 2017 refer to?
Answer: gross revenue and cost reversals to the estimated sales returns and allowances accounts.
14. Restructuring and Related Charges
Following is a summary of the Company’s restructuring and related charges (in thousands):
(1) Includes $21.5 million, $16.3 million and $51.3 million recorded in the EMS segment, $2.6 million, $16.6 million and $82.4 million recorded in the DMS segment and $1.8 million, $4.0 million and $26.7 million of non-allocated charges for the fiscal years ended August 31, 2019, 2018 and 2017, respectively. Except for asset write-off costs, all restructuring and related charges are cash settled.
(2) Fiscal year ended August 31, 2017, includes expenses related to the 2017 and 2013 Restructuring Plans.
Table:
 |  | Fiscal Year Ended August 31, | 
 | 2019 | 2018 | 2017(2)
Employee severance and benefit costs | $16,029 | $16,269 | $56,834
Lease costs | (41) | 1,596 | 3,966
Asset write-off costs | (3,566) | 16,264 | 94,346
Other costs | 13,492 | 2,773 | 5,249
Total restructuring and related charges(1) | $25,914 | $36,902 | $160,395


Question: What was the change in Other costs between 2018 and 2019?
Answer: 10719
Calculation: 13,492-2,773
Debt Activity
The table below presents the effects of issuances, prepayments, and conversions of debt in 2019. When we receive a notice of conversion for any of our convertible notes and elect to settle in cash any amount of the conversion obligation in excess of the principal amount, the cash settlement obligations become derivative debt liabilities subject to mark-to-market accounting treatment based on the volume-weighted-average price of our common stock over a period of 20 consecutive trading days. Accordingly, at the date of our election to settle a conversion in cash, we reclassify the fair value of the equity component of the converted notes from additional capital to derivative debt liability within current debt in our consolidated balance sheet.
In 2018, we repurchased or redeemed $6.96 billion of principal amount of notes (carrying value of $6.93 billion) for an aggregate of $9.42 billion in cash and 4 million shares of our treasury stock. As of August 30, 2018, an aggregate of $35 million principal amount of our 2033F Notes (with a carrying value of $165 million) had converted but not settled. These notes settled in 2019 for $153 million in cash and the effect of the settlement is included in the table above. In connection with these transactions, we recognized aggregate non-operating losses of $385 million in 2018.
In 2017, we repurchased or redeemed $1.55 billion of principal amount of notes (carrying value of $1.54 billion) for an aggregate of $1.63 billion in cash. In connection with these transactions, we recognized aggregate non-operating losses of $94 million in 2017.
(1)  Issued February 6, 2019.
(2)  Issued July 12, 2019.
(3)  As of August 29, 2019, an aggregate of $44 million principal amount of our 2033F Notes (with a carrying value of $179 million) had converted but not settled. These notes settled in the first quarter of 2020 for $192 million in cash.
Table:
 | Increase (Decrease) in Principal | Increase (Decrease) in Carrying Value | Increase (Decrease) in Cash | Decrease in Equity | Gain (Loss)
Issuances |  |  |  |  | 
2024 Notes(1) | $600 | $597 | $597 | $— | $—
2026 Notes(1) | 500 | 497 | 497 | — | —
2027 Notes(2) | 900 | 895 | 895 | — | —
2029 Notes(1) | 700 | 695 | 695 | — | —
2030 Notes(2) | 850 | 845 | 845 | — | —
Prepayments |  |  |  |  | 
2022 Term Loan B | (728) | (721) | (728) | — | (7)
Settled conversions |  |  |  |  | 
2032D Notes | (10) | (9) | (35) | (28) | 2
2033F Notes | (45) | (175) | (192) | (28) | 11
2043G Notes | (1,019) | (691) | (1,426) | (326) | (400)
Conversions not settled |  |  |  |  | 
2033F Notes(3) | — | 135 | — | (133) | (2)
 | $1,748 | $2,068 | $1,148 | $(515) | $(396)


Question: What is the difference of increase in cash between 2024 Notes and 2026 Notes?
Answer: 100
Calculation: 597 - 497
G. PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment, net consisted of the following at December 31, 2019 and 2018:
Depreciation of property, plant and equipment for the years ended December 31, 2019, 2018, and 2017 was $70.8 million, $67.4 million, and $66.1 million, respectively. As of December 31, 2019 and 2018, the gross book value included in machinery and equipment for internally manufactured test systems being leased by customers was $5.4 million and $5.5 million, respectively. As of December 31, 2019 and 2018, the accumulated depreciation on these test systems was $5.1 million and $5.2 million, respectively.
Table:
 | 2019 | 2018
 | (in thousands) | 
Land | $16,561 | $16,561
Buildings | 107,282 | 105,935
Machinery, equipment and software | 834,970 | 752,722
Furniture and fixtures | 29,157 | 27,432
Leasehold improvements | 59,378 | 52,536
Construction in progress | 2,537 | 6,276
 | 1,049,885 | 961,462
Less: accumulated depreciation | 729,669 | 681,641
 | $320,216 | $279,821


Question: What was the change in the amount of Land from 2018 to 2019?
Answer: 0
Calculation: 16,561-16,561
NOTE 9. ACCOUNTS RECEIVABLE
A significant percentage of our accounts receivable is derived from sales to a limited number of large multinational semiconductor device manufacturers located throughout the world. In order to monitor potential expected credit losses, we perform ongoing credit evaluations of our customers’ financial condition.
The carrying amount of accounts receivable is as follows:
Table:
 | December 31, | 
 | 2018 | 2019
Current | 154,607 | 171,866
Overdue <30 days | 8,802 | 19,977
Overdue 31-60 days | 2,258 | 2,076
Overdue 61-120 days | 3,507 | 1,599
Overdue >120 days | 4,276 | 4,017
Total | 173,450 | 199,535


Question: What is the percentage change in total carrying amount of accounts receivable from 2018 to 2019?
Answer: 15.04
Calculation: ( 199,535 - 173,450 )/ 173,450
B. Liquidity and Capital Resources
Our operations and strategic objectives require continuing capital investment, and our resources include cash on hand and cash provided by operations, as well as access to capital from bank borrowings and access to capital markets. Management believes that cash generated by or available to us should be sufficient to fund our capital and liquidity needs for at least the next 12 months.
Our future financial and operating performance, ability to service or refinance debt and ability to comply with covenants and restrictions contained in our debt agreements will be subject to future economic conditions, the financial health of our customers and suppliers and to financial, business and other factors, many of which are beyond our control. Furthermore, management believes that working capital is sufficient for our present requirements.
(*) including trade receivables classified as current asset based on operating cycle of two years.
The decrease in working capital as at March 31, 2019 as compared to March 31, 2018 was primarily the result of an increase in short-term borrowings amounting to $208.9 million as at March 31, 2019 from $152 million as at March 31, 2018 due to overdraft against restricted deposits and loan installments due within 12 months.
For additional information, please see Note 2(a) and Note 32 to our audited Consolidated Financial Statements appearing elsewhere in this annual report.
Table:
 |  | Year ended March 31, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Current assets(*) | $351,597 | $339,562 | $362,477
Current liabilities | 318,672 | 239,327 | 316,101
Working capital | $32,925 | $100,235 | $46,376


Question: What caused the decrease in working capital in 2019?
Answer: primarily the result of an increase in short-term borrowings amounting to $208.9 million as at March 31, 2019 from $152 million as at March 31, 2018 due to overdraft against restricted deposits and loan installments due within 12 months.
Operating expenses
Sales and marketing expense decreased primarily due to a $51 million decrease in stock-based compensation expense and a $41 million decrease as a result of the divestiture of our WSS and PKI solutions.
Research and development expense decreased primarily due to a $66 million decrease in stockbased compensation expense.
General and administrative expense decreased primarily due to a $130 million decrease in stock-based compensation expense.
Amortization of intangible assets decreased primarily due to the intangible assets sold with the divestiture of WSS and PKI solutions.
Restructuring, transition and other costs reflect a decrease of $70 million in fiscal 2019 compared to fiscal 2018 in severance and other restructuring costs. In addition, fiscal 2018 costs included $88 million of transition related costs related to our fiscal 2018 divestiture of our WSS and PKI solutions compared to $3 million in fiscal 2019.
Table:
Fiscal Year |  |  | Variance in | 
 | 2019 | 2018 | Dollars | Percent
(In millions, except for percentages) |  |  |  | 
Sales and marketing | $1,493 | $1,593 | $(100) | (6)%
Research and development | 913 | 956 | (43) | (4)%
General and administrative | 447 | 574 | (127) | (22)%
Amortization of intangible assets | 207 | 220 | (13) | (6)%
Restructuring, transition and other costs | 241 | 410 | (169) | (41)%
Total | $3,301 | $3,753 | $(452) | (12)%


Question: What is the total impact on the decrease in Sales and marketing expense from stock-based compensation expense and divestiture of our WSS and PKI solutions?
Answer: 92
Calculation: 51+41
1. NATURE OF BUSINESS
Nordic American Tankers Limited (“NAT”) was formed on June 12, 1995 under the laws of the Islands of Bermuda. The Company’s shares trade under the symbol “NAT” on the New York Stock Exchange. The Company was formed for the purpose of acquiring and chartering out double-hull tankers.
The Company is an international tanker company that currently has a fleet of 23 Suezmax tankers. The Company has not disposed of or acquired new vessels in 2019. The 23 vessels the Company operated per December 31, 2019, average approximately 156,000 dwt each. In 2019, 2018 and 2017, the Company chartered out its operating vessels primarily in the spot market.
The Company’s Fleet
The Company’s current fleet consists of 23 Suezmax crude oil tankers of which the vast majority have been built in Korea.
Table:
Vessel | Built in | Deadweight Tons | Delivered to NAT in
Nordic Freedom | 2005 | 159,331 | 2005
Nordic Moon | 2002 | 160,305 | 2006
Nordic Apollo | 2003 | 159,998 | 2006
Nordic Cosmos | 2003 | 159,999 | 2006
Nordic Grace | 2002 | 149,921 | 2009
Nordic Mistral | 2002 | 164,236 | 2009
Nordic Passat | 2002 | 164,274 | 2010
Nordic Vega | 2010 | 163,940 | 2010
Nordic Breeze | 2011 | 158,597 | 2011
Nordic Zenith | 2011 | 158,645 | 2011
Nordic Sprinter | 2005 | 159,089 | 2014
Nordic Skier | 2005 | 159,089 | 2014
Nordic Light | 2010 | 158,475 | 2015
Nordic Cross | 2010 | 158,475 | 2015
Nordic Luna | 2004 | 150,037 | 2016
Nordic Castor | 2004 | 150,249 | 2016
Nordic Sirius | 2000 | 150,183 | 2016
Nordic Pollux | 2003 | 150,103 | 2016
Nordic Star | 2016 | 159,000 | 2016
Nordic Space | 2017 | 159,000 | 2017
Nordic Tellus | 2018 | 157,000 | 2018
Nordic Aquarius | 2018 | 157,000 | 2018
Nordic Cygnus | 2018 | 157,000 | 2018


Question: What is the average weight of the Nordic Grace and Nordic Mistrals?
Answer: 157078.5
Calculation: (149,921 + 164,236)/2
Contractual Obligations
The following table summarizes the payments due by fiscal year for our outstanding contractual obligations as of June 30, 2019:
(a) Refer to Note 11 – Debt of the Notes to Financial Statements.
(b) Refer to Note 7 – Property and Equipment of the Notes to Financial Statements.
(c) Refer to Note 15 – Leases of the Notes to Financial Statements.
(d) Refer to Note 12 – Income Taxes of the Notes to Financial Statements.
(e) Amounts represent purchase commitments, including open purchase orders and take-or-pay contracts that are not presented as construction commitments above.
(f) We have excluded long-term tax contingencies, other tax liabilities, and deferred income taxes of $14.2 billion from the amounts presented as the timing of these obligations is uncertain. We have also excluded unearned revenue and non-cash items.
Table:
(In millions) | 2020 | 2021-2022 | 2023-2024 | Thereafter | Total
Long-term debt: (a) |  |  |  |  | 
Principal payments | $ 5,518 | $ 11,744 | $ 8,000 | $ 47,519 | $ 72,781
Interest payments | 2,299 | 4,309 | 3,818 | 29,383 | 39,809
Construction commitments (b) | 3,443 | 515 | 0 | 0 | 3,958
Operating leases, including imputed interest (c) | 1,790 | 3,144 | 2,413 | 3,645 | 10,992
Finance leases, including imputed interest (c) | 797 | 2,008 | 2,165 | 9,872 | 14,842
Transition tax (d) | 1,180 | 2,900 | 4,168 | 8,155 | 16,403
Purchase commitments (e) | 17,478 | 1,185 | 159 | 339 | 19,161
Other long-term liabilities (f) | 0 | 72 | 29 | 324 | 425
Total | $  32,505 | $  25,877 | $  20,752 | $  99,237 | $  178,371


Question: What are the construction commitments in 2020 as a percentage of the total contractual obligations?
Answer: 10.59
Calculation: 3,443/32,505
Note 12. Liabilities
The components of accounts payable, accrued expenses and other current liabilities are as follows (in thousands):
Table:
 | December 31, 2019 | December 31, 2018
Deferred rent | $ — | $11,656
Contingent consideration liability from acquisitions | 2,595 | —
Holdback liability from acquisitions | 1,650 | —
Other liabilities | 3,244 | 1,650
Other liabilities | $7,489 | $13,306


Question: What was the change in Other liabilities between 2018 and 2019?
Answer: 1594
Calculation: 3,244-1,650
Disaggregation of revenue
To provide visibility into our transition from older products to our newer, higher growth products and clarity into the dynamics of our product revenue, we have historically grouped our products by “Strategic” and “Mature” solutions. Strategic solutions include Clustered ONTAP, branded E-Series, SolidFire, converged and hyper-converged infrastructure, ELAs and other optional add-on software products. Mature solutions include 7-mode ONTAP, add-on hardware and related operating system (OS) software and original equipment manufacturers (OEM) products. Both our Mature and Strategic product lines include a mix of disk, hybrid and all flash storage media. Additionally, we provide a variety of services including software maintenance, hardware maintenance and other services including professional services, global support solutions, and customer education and training.
The following table depicts the disaggregation of revenue by our products and services (in millions):
Revenues by geographic region are presented in Note 16 – Segment, Geographic, and Significant Customer Information
Table:
 |  | Year Ended | 
 | April 26, 2019 | April 27, 2018 | April 28, 2017
Product revenues | $ 3,755 | $  3,525 | $  3,060
Strategic | 2,709 | 2,468 | 2,000
Mature | 1,046 | 1,057 | 1,060
Software maintenance revenues | 946 | 902 | 905
Hardware maintenance and other services revenues | 1,445 | 1,492 | 1,526
Hardware maintenance support contracts | 1,182 | 1,214 | 1,258
Professional and other services | 263 | 278 | 268
Net revenues | $ 6,146 | $  5,919 | $  5,491


Question: What were the product revenues in 2019?
Answer: 3,755
Audit and Non-Audit Fees
The following table presents fees billed for professional audit services rendered by PricewaterhouseCoopers LLP for the audit of the Company’s annual financial statements for the years ended June 29, 2019 and June 30, 2018 respectively, and fees billed for other services rendered by PricewaterhouseCoopers LLP and during those periods.
(1) Audit Fees are related to professional services rendered in connection with the audit of the Company’s annual financial statements, the audit of internal control over financial reporting in accordance with Section 404 of the Sarbanes-Oxley Act of 2002, reviews of financial statements included in the Company’s Quarterly Reports on Form 10-Q, and audit services provided in connection with other statutory and regulatory filings. Audit Fees in fiscal 2019 include fees for services performed by PricewaterhouseCoopers LLP in connection with the acquisitions of RPC Photonics, Inc. (“RPC”) and 3Z Telecom, Inc. (“3Z”). Audit Fees in fiscal 2018 include fees for the acquisitions of the AvComm and Wireless businesses of Cobham plc (“AW”) and Trilithic Inc. (“Trilithic”).
(2) Audit-Related Fees are related to due diligence services for our acquisition activities incurred in fiscal 2018.
(3) Tax Fees for fiscal 2019 and 2018 include professional services rendered in connection with transfer pricing consulting, tax audits, planning services and other tax consulting.
(4) All Other Fees are related to certain software subscription fees.
For fiscal year 2019, the Audit Committee considered whether audit-related services and services other than audit-related services provided by PricewaterhouseCoopers LLP are compatible with maintaining the independence of PricewaterhouseCoopers LLP and concluded that the independence of PricewaterhouseCoopers LLP was maintained.
Table:
 | Fiscal 2019 | Fiscal 2018
Audit Fees (1) | $3,631,575 | $3,784,488
Audit-Related Fees (2) | 0 | 359,000
Tax Fees (3) | 169,776 | 61,592
All Other Fees (4) | 4,500 | 3,600
Total | $3,805,851 | $4,208,680


Question: What are Audit-Related fees related to?
Answer: Audit-Related Fees are related to due diligence services for our acquisition activities incurred in fiscal 2018.
Property and Equipment
Property and equipment is recorded at cost and consists of furniture, computers, other office equipment, and leasehold improvements. We depreciate the cost of furniture, computers, and other office equipment on a straight-line basis over their estimated useful lives (five years for office equipment, seven years for furniture and fixtures). Leasehold improvements are depreciated over the lesser of their useful lives or the term of the lease. Depreciation and amortization expense for 2019, 2018, and 2017 was approximately $8.0 million, $8.6 million, and $9.1 million, respectively, and was included in “Depreciation and amortization” in the Consolidated Statements of Income. Amortization expense on intangible assets in 2019, 2018 and 2017 was immaterial.
Property and equipment, at cost, consist of the following (in thousands):
Table:
 | December 31 | 
 | 2019 | 2018
Office equipment | $ 38,373 | $ 39,633
Furniture and fixtures | 5,017 | 4,610
Leasehold improvement | 23,534 | 19,430
Property and equipment, gross | 66,924 | 63,673
Less accumulated depreciation | (44,199 ) | (49,355 )
Property and equipment, net | $ 22,725 | $ 14,318


Question: What is the property and equipment, net in 2019?
Answer: 22,725
jpmorgan chase & co./2017 annual report 39 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co . ( 201cjpmorgan chase 201d or the 201cfirm 201d ) common stock with the cumulative return of the s&p 500 index , the kbw bank index and the s&p financial index . the s&p 500 index is a commonly referenced equity benchmark in the united states of america ( 201cu.s . 201d ) , consisting of leading companies from different economic sectors . the kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s . and is composed of leading national money center and regional banks and thrifts . the s&p financial index is an index of financial companies , all of which are components of the s&p 500 . the firm is a component of all three industry indices . the following table and graph assume simultaneous investments of $ 100 on december 31 , 2012 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2012 2013 2014 2015 2016 2017 .

Table:
december 31 ( in dollars ) | 2012 | 2013 | 2014 | 2015 | 2016 | 2017
jpmorgan chase | $ 100.00 | $ 136.71 | $ 150.22 | $ 162.79 | $ 219.06 | $ 277.62
kbw bank index | 100.00 | 137.76 | 150.66 | 151.39 | 194.55 | 230.72
s&p financial index | 100.00 | 135.59 | 156.17 | 153.72 | 188.69 | 230.47
s&p 500 index | 100.00 | 132.37 | 150.48 | 152.55 | 170.78 | 208.05
december 31 , ( in dollars ) 201720162015201420132012 .

Question: based on the review of the simultaneous investments of the jpmorgan chase common stock in various indices what was the ratio of the performance of the kbw bank index to the s&p financial index
Answer: 0.985
Calculation: divide(151.39, 153.72)