hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
CUSTOMER STATISTICS
INTERNET Fiscal 2019 fourth-quarter Internet service customers net additions stood at 2,441 compared to 4,693 for the same period of the prior year as a result of: • additional connects related to the Florida expansion initiatives and in the MetroCast footprint; • our customers' ongoing interest in high speed offerings; and • growth in both the residential and business sectors.
VIDEO Fiscal 2019 fourth-quarter video service customers net additions stood at 5,294 compared to net losses of 3,046 for the same period of the prior year mainly from: • the activation of bulk properties in Florida during the fourth quarter of fiscal 2019; and • our customers' ongoing interest in TiVo's digital advanced video services; partly offset by • competitive offers in the industry; and • a changing video consumption environment.
TELEPHONY Fiscal 2019 fourth-quarter telephony service customers net losses stood at 304 compared to net additions of 1,150 for the same period of the prior year mainly as a result of a decline in the residential sector, partly offset by growth in the business sector. TELEPHONY Fiscal 2019 fourth-quarter telephony service customers net losses stood at 304 compared to net additions of 1,150 for the same period of the prior year mainly as a result of a decline in the residential sector, partly offset by growth in the business sector.
Table:
 |  | Net additions (losses) | 
 |  | Three months ended August 31, | 
 | August 31, |  | 
 | 2019 | 2019 | 2018
Primary service units | 901,446 | 7,431 | 2,797
Internet service customers | 446,137 | 2,441 | 4,693
Video service customers | 312,555 | 5,294 | (3,046)
Telephony service customers | 142,754 | (304) | 1,150


Question: What were the total number of telephony service customers net losses in fourth quarter 2019? 
Answer: 304
Other Current Liabilities
The components of other current liabilities are included in the following table (in thousands):
Table:
 | December 31, | 
 | 2019 | 2018
Operating lease liabilities | $15,049 | $ —
Vendor financed licenses | 9,667 | 3,551
Royalties payable | 6,107 | 11,318
Accrued interest | 9,212 | 8,407
Other | 36,936 | 38,412
Total other current liabilities | $76,971 | $61,688


Question: What was the change in vendor financed licenses between 2018 and 2019?
Answer: 6116
Calculation: 9,667-3,551
Employee Stock Purchase Plan
The maximum aggregate number of shares that are available for issuance under the 2011 Employee Stock Purchase Plan (the “ESPP”) is 12,000,000.
Employees are eligible to participate in the ESPP after 90 days of employment with the Company. The ESPP permits eligible employees to purchase common stock through payroll deductions, which may not exceed 10% of an employee’s compensation, as defined in the ESPP, at a price equal to 85% of the fair value of the common stock at the beginning or end of the offering period, whichever is lower. The ESPP is intended to qualify under Section 423 of the Internal Revenue Code. As of August 31, 2019, 3,397,019 shares remained available for issue under the 2011 ESPP.
The fair value of shares issued under the ESPP was estimated on the commencement date of each offering period using the Black-Scholes option pricing model. The following weighted-average assumptions were used in the model for each respective period:
(1) The expected volatility was estimated using the historical volatility derived from the Company’s common stock.
Table:
 | Fiscal Year Ended August 31, |  | 
 | 2019 | 2018 | 2017
Expected dividend yield | 0.6% | 0.6% | 0.8%
Risk-free interest rate | 2.3% | 1.4% | 0.5%
Expected volatility(1) | 28.6% | 23.0% | 33.0%
Expected life | 0.5 years | 0.5 years | 0.5 years


Question: How was the expected volatility estimated?
Answer: using the historical volatility derived from the Company’s common stock.
entergy new orleans , inc . management's financial discussion and analysis results of operations net income ( loss ) 2004 compared to 2003 net income increased $ 20.2 million primarily due to higher net revenue . 2003 compared to 2002 entergy new orleans had net income of $ 7.9 million in 2003 compared to a net loss in 2002 . the increase was due to higher net revenue and lower interest expense , partially offset by higher other operation and maintenance expenses and depreciation and amortization expenses . net revenue 2004 compared to 2003 net revenue , which is entergy new orleans' measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits . following is an analysis of the change in net revenue comparing 2004 to 2003. .

Table:
 | ( in millions )
2003 net revenue | $ 208.3
base rates | 10.6
volume/weather | 8.3
2004 deferrals | 7.5
price applied to unbilled electric sales | 3.7
other | 0.6
2004 net revenue | $ 239.0
the increase in base rates was effective june 2003 .
the rate increase is discussed in note 2 to the domestic utility companies and system energy financial statements .
the volume/weather variance is primarily due to increased billed electric usage of 162 gwh in the industrial service sector .
the increase was partially offset by milder weather in the residential and commercial sectors .
the 2004 deferrals variance is due to the deferral of voluntary severance plan and fossil plant maintenance expenses in accordance with a stipulation approved by the city council in august 2004 .
the stipulation allows for the recovery of these costs through amortization of a regulatory asset .
the voluntary severance plan and fossil plant maintenance expenses are being amortized over a five-year period that became effective january 2004 and january 2003 , respectively .
the formula rate plan is discussed in note 2 to the domestic utility companies and system energy financial statements .
the price applied to unbilled electric sales variance is due to an increase in the fuel price applied to unbilled sales. .

Question: what is the percent change in net revenue from 2003 to 2004?
Answer: 14.7%
Calculation: subtract(239.0, 208.3), divide(#0, 208.3)
Summary Disclosures about Contractual Obligations and Commercial Commitments
Our material capital commitments consist of obligations under facilities and operating leases. Some of these leases have free or escalating rent payment provisions. We recognize rent expense under leases on a straight-line basis. We anticipate that we will experience an increase in our capital expenditures and lease commitments as a result of our anticipated growth in operations, infrastructure, personnel and resources devoted to building our brand name.
The following table summarizes our obligations as of March 31, 2019 (dollars in thousands):
We generally do not enter into binding purchase obligations. The purchase obligations above relate primarily to marketing and IT services. The contractual obligations table above excludes unrecognized tax benefits, plus related interest and penalties totaling $1.1 million because we cannot reasonably estimate in which future periods these amounts will ultimately be settled.
We have certain software royalty commitments associated with the shipment and licensing of certain products. Royalty expense is generally based on a fixed cost per unit shipped or a fixed fee for unlimited units shipped over a designated period. Royalty expense, included in cost of software and products revenues was $12.3 million in fiscal 2019 and $4.5 million million in fiscal 2018.
We offer a 90-day limited product warranty for our software. To date, costs relating to this product warranty have not been material.
Table:
 |  |  | Payments Due by Period |  | 
 | Total | Less Than 1 Year | 2-3 Years | 4-5 Years | More Than 5 Years
Operating lease obligations | $23,673 | $9,008 | $10,907 | $2,827 | $931
Purchase obligations | 20,520 | 16,748 | 3,669 | 103 | —
Total | $44,193 | $25,756 | $14,576 | $2,930 | $931


Question: How long is the product warranty period for the company's software?
Answer: 90-day
17. Quarterly Financial Data (Unaudited)
The following is summarized quarterly financial data for fiscal 2019 and 2018 (in thousands, except per share amounts):
(1) The annual total amounts may not equal the sum of the quarterly amounts due to rounding. Earnings per share is computed independently for each quarter.
(2) The first quarter of fiscal 2019 results included $7.0 million of tax expense as a result of new regulations issued in November 2018 under Tax Reform. These regulations impacted the treatment of foreign taxes paid.
(3) The fourth quarter of fiscal 2019 results included restructuring costs of $1.7 million, $1.5 million net of taxes.
(4) The fourth quarter of fiscal 2019 results included the permanent reinvestment assertion of $10.5 million of certain historical undistributed earnings of two foreign subsidiaries.
(7) The first quarter of fiscal 2019 included $0.23 per share of tax expense as a result of U.S. Tax Reform. The fourth quarter of fiscal 2019 included $0.05 per share of expense related to restructuring costs and $0.35 per share tax benefit resulting from the permanent reinvestment assertion of certain historical undistributed earnings of two foreign subsidiaries.
Table:
2019 | First
Quarter | Second Quarter | Third Quarter | Fourth Quarter | Total
Net sales  | $765,544 | $789,051 | $799,644 | $810,195 | $3,164,434
Gross profit  | 72,383 | 70,636 | 71,030 | 77,789 | 291,838
Net income (2,3,4)  | 22,226 | 24,758 | 24,801 | 36,831 | 108,616
Earnings per share (1):           |  |  |  |  | 
Basic  | $0.71 | $0.81 | $0.83 | $1.26 | $3.59
Diluted (7)  | $0.69 | $0.79 | $0.81 | $1.23 | $3.50


Question: What was the gross profit in the Third quarter?
Answer: 71,030
page 77 of 100 ball corporation and subsidiaries notes to consolidated financial statements 18 . financial instruments and risk management ( continued ) the following table provides the effects of derivative instruments in the consolidated statement of earnings and on accumulated other comprehensive earnings ( loss ) for the year ended december 31: .

Table:
( $ in millions ) | 2010 cash flow hedge 2013 reclassified amount from other comprehensive earnings ( loss ) 2013 gain ( loss ) | 2010 gain ( loss ) on derivatives not designated as hedge instruments | 2010 cash flow hedge 2013 reclassified amount from other comprehensive earnings ( loss ) 2013 gain ( loss ) | gain ( loss ) on derivatives not designated as hedge instruments
commodity contracts ( a ) | $ -6.4 ( 6.4 ) | $ -0.3 ( 0.3 ) | $ -96.4 ( 96.4 ) | $ -5.1 ( 5.1 )
interest rate contracts ( b ) | -4.9 ( 4.9 ) | 2212 | -8.1 ( 8.1 ) | 2212
inflation option contracts ( c ) | 2013 | -0.9 ( 0.9 ) | 2013 | -0.1 ( 0.1 )
foreign exchange contracts ( d ) | -2.3 ( 2.3 ) | 0.7 | 0.7 | 6.5
equity contracts ( e ) | 2013 | 2013 | 2013 | 3.2
total | $ -13.6 ( 13.6 ) | $ -0.5 ( 0.5 ) | $ -103.8 ( 103.8 ) | $ 4.5
( a ) gains and losses on commodity contracts are recorded in sales and cost of sales in the statement of earnings .
virtually all these expenses were passed through to our customers , resulting in no significant impact to earnings .
( b ) losses on interest contracts are recorded in interest expense in the statement of earnings .
( c ) gains and losses on inflation options are recorded in cost of sales in the statement of earnings .
( d ) gains and losses on foreign currency contracts to hedge the sales of products are recorded in cost of sales .
gains and losses on foreign currency hedges used for translation between segments are reflected in selling , general and administrative expenses in the consolidated statement of earnings .
( e ) gains and losses on equity put option contracts are recorded in selling , general and administrative expenses in the consolidated statement of earnings. .

Question: for 2010 , foreign exchange contracts were what portion of the reclassification to ordinary income?
Answer: 17%
Calculation: divide(2.3, 13.6)
Profitability Measures
Net income:
The net income in the fiscal year ended February 28, 2018 was $16.6 million as compared to a net loss of $7.9 million in the same period last year. The increase is primarily the result of the $28.3 million non-operating gain from the legal settlement with a former supplier of LoJack, which was recognized during fiscal 2018. This gain was partially offset by higher tax expense in fiscal 2018 due to U.S. and foreign taxes on the $28.3 million legal settlement gain as well as the revaluation of our net deferred income tax assets that occurred in the fourth quarter of fiscal 2018 as we adopted the provisions of the Tax Cuts and Jobs Act which was enacted on December 22, 2017.
Adjusted EBITDA:
Adjusted EBITDA for Telematics Systems in the fiscal year ended February 28, 2018 increased $1.5 million compared to the same period last year due to higher MRM products revenue. Adjusted EBITDA for Software and Subscription Services increased $5.2 million compared to the same period last year due primarily to lower selling and marketing expenses and lower general and administrative expenses.
See Note 20 for a reconciliation of Adjusted EBITDA by reportable segments and a reconciliation to GAAP-basis net income (loss).
Table:
 | Fiscal years ended |  |  | 
 | February 28, |  |  | 
(In thousands) | 2018 | 2017 | $ Change | % Change
Segment |  |  |  | 
Telematics Systems | $48,943 | $47,432 | $1,511 | 3.2%
Software & Subscription Services | 8,233 | 3,075 | 5,158 | 167.7%
Satellite | - | 2,447 | (2,447) | (100.0%)
Corporate Expense | (4,794) | (3,586) | (1,208) | 33.7%
Total Adjusted EBITDA | $52,382 | $49,368 | $3,014 | 6.1%


Question: What was the Adjusted EBITDA for Telematics Systems in 2017?
Answer: 47,432
Unrecognized Tax Benefits
Current accounting guidance contains a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate settlement.
A reconciliation of the beginning and ending amounts of unrecognized tax benefits during fiscal 2019, 2018, and 2017 is as follows:
Included in the unrecognized tax benefits at fiscal 2019 and 2018 is $38.2 million and $36.7 million, respectively, that if recognized, would result in a reduction of our effective tax rate. The amounts differ from the long-term liability recorded of $20.1 million and $16.8 million as of fiscal 2019 and 2018, respectively, due to accrued interest and penalties, as well as unrecognized tax benefits of French and Italian entities that are recorded against deferred tax asset balances without valuation allowance.
We believe that events that could occur in the next 12 months and cause a change in unrecognized tax benefits include, but are not limited to, the following: • commencement, continuation or completion of examinations of our tax returns by the U.S. or foreign taxing authorities; and • expiration of statutes of limitation on our tax returns.
The calculation of unrecognized tax benefits involves dealing with uncertainties in the application of complex global tax regulations. Uncertainties include, but are not limited to, the impact of legislative, regulatory and judicial developments, transfer pricing and the application of withholding taxes. We regularly assess our tax positions in light of legislative, bilateral tax treaty, regulatory and judicial developments in the countries in which we do business. We determined that an estimate of the range of reasonably possible change in the amounts of unrecognized tax benefits within the next 12 months cannot be made.
Table:
 |  | Fiscal Year | 
(In thousands) | December 29, 2019 | December 30, 2018 | December 31, 2017
Balance, beginning of year | $103,884 | $105,959 | $82,253
Additions for tax positions related to the current year | 2,517 | 2,404 | 2,478
Additions for tax positions from prior years | 1,624 | 451 | 22,151
Reductions for tax positions from prior years/statute of limitations expirations | (416) | (2,468) | (1,460)
Foreign exchange (gain) loss | (668) | (2,462) | 537
Balance at the end of the period | $106,941 | $103,884 | $105,959


Question: What events would cause a change in unrecognized tax benefits?
Answer: Commencement, continuation or completion of examinations of our tax returns by the U.S. or foreign taxing authorities, expiration of statutes of limitation on our tax returns
Sales and marketing expenses consist primarily of personnel expenses and costs associated with advertising, marketing events and trade shows.
Sales and marketing expenses decreased by $11.1 million during the year ended June 30, 2019 as compared to the prior fiscal year. This was primarily due to (i) a decrease in commissions expense of $6.6 million, of which approximately $8.9 million is the net result of the Company capitalizing more commission expense under Topic 606, whereas previously, under Topic 605, such costs would have been expensed as incurred, (ii) a decrease in marketing expenses of $5.7 million and (iii) a decrease in travel and communication expenses of $1.1 million. These were partially offset by (i) an increase in bad debt expense of $3.5 million as certain low dollar receivables were provided for entirely as they became aged greater than one year. Overall, our sales and marketing expenses, as a percentage of total revenues, decreased to approximately 18% from approximately 19% in the prior fiscal year.
Our sales and marketing labour resources increased by 103 employees, from 1,948 employees at June 30, 2018 to 2,051 employees at June 30, 2019.
Table:
increase (decrease) | Change between Fiscal increase (decrease) | 
(In thousands) | 2019 and 2018 | 2018 and 2017
Payroll and payroll-related benefits | $(48) | $48,717
Commissions | (6,588) | 16,993
Contract labour and consulting | (871) | 609
Share-based compensation | (752) | (454)
Travel and communication | (1,113) | 271
Marketing expenses | (5,742) | 3,880
Facilities | 808 | 8,373
Bad debt expense | 3,519 | 4,013
Other miscellaneous | (319) | 2,285
Total change in sales and marketing expenses | $(11,106) | $84,687


Question: What is the Total change in sales and marketing expenses from fiscal year 2017 to 2019?
Answer: 73581
Calculation: 84,687-11,106
ADOPTION OF IFRS 16
Upon adoption of IFRS 16 on January 1, 2019, we recognized right-of-use assets of $2,257 million within property, plant and equipment, and lease liabilities of $2,304 million within debt, with an increase to our deficit of $19 million. These amounts were recognized in addition to assets under finance leases of $1,947 million and the corresponding finance lease liabilities of $2,097 million at December 31, 2018 under IAS 17. As a result, on January 1, 2019, our total right-of-use assets and lease liabilities amounted to $4,204 million and $4,401 million, respectively. The table below shows the impacts of adopting IFRS 16 on our January 1, 2019 consolidated statement of financial position.
BCE’s operating lease commitments at December 31, 2018 were $1,612 million. The difference between operating lease commitments at December 31, 2018 and lease liabilities of $2,304 million upon adoption of IFRS 16 at January 1, 2019, is due mainly to an increase of $1,122 million related to renewal options reasonably certain to be exercised, an increase of $112 million mainly related to non-monetary transactions and a decrease of ($542) million as a result of discounting applied to future lease payments, which was determined using a weighted average incremental borrowing rate of 3.49% at January 1, 2019.
Table:
 | DECEMBER 31, 2018 AS REPORTED | IFRS 16 IMPACTS | JANUARY 1, 2019 UPON ADOPTION OF IFRS 16
Prepaid expenses | 244 | (55) | 189
Other current assets | 329 | 9 | 338
Property, plant and equipment | 24,844 | 2,257 | 27,101
Other non-current assets | 847 | 17 | 864
Trade payables and other liabilities | 3,941 | (10) | 3,931
Debt due within one year | 4,645 | 293 | 4,938
Long-term debt | 19,760 | 2,011 | 21,771
Deferred tax liabilities | 3,163 | (7) | 3,156
Other non-current liabilities | 997 | (39) | 958
Deficit | (4,937) | (19) | (4,956)
Non-controlling interest | 326 | (1) | 325


Question: What are the prepaid expenses in 2019 upon adoption of IFRS 16?
Answer: 189
2 Alternative performance measures continued
Return on capital employed (ROCE)
ROCE measures effective management of fixed assets and working capital relative to the profitability of the business. It is calculated as adjusted operating profit divided by average capital employed. More information on ROCE can be found in the Capital Employed and ROCE sections of the Financial Review on page 57.
An analysis of the components is as follows:
Table:
 | 2019 | 2018
 | £m | £m
Property, plant and equipment | 251.2 | 230.8
Right-of-use assets (IFRS 16) | 40.8 | –
Prepayments | 0.9 | 6.2
Inventories | 185.9 | 160.6
Trade receivables | 240.7 | 245.1
Other current assets | 35.3 | 32.9
Tax recoverable | 8.4 | 4.6
Trade, other payables and current provisions | (178.3) | (172.0)
Current tax payable | (26.7) | (23.7)
Capital employed | 558.2 | 484.5
Average capital employed | 521.4 | 482.2
Average capital employed (excluding IFRS 16) | 501.0 | 482.2
Operating profit | 245.0 | 299.1
Adjustments (see adjusted operating profit on page 160) | 37.7 | (34.2)
Adjusted operating profit | 282.7 | 264.9
Adjusted operating profit (excluding IFRS 16) | 281.4 | 264.9
Return on capital employed | 54.2% | 54.9%
Return on capital employed (excluding IFRS 16) | 56.2% | 54.9%


Question: What was the percentage change in the adjusted operating profit in 2019 from 2018?
Answer: 6.72
Calculation: (282.7-264.9)/264.9
Restricted Stock Units
The Company intends to settle all vested restricted stock unit payments held by United States-based participants in shares of the Company’s common stock and classifies these awards as equity awards in its Consolidated Balance Sheets. Awards held by participants who are based outside of the United States will be settled in cash and are classified within accrued and other current liabilities on the Consolidated Balance Sheets as of December 31, 2019 and 2018
The following table summarizes the activity related to the unvested restricted stock units during the years ended December 31, 2019 and 2018:
Unrecognized compensation expense related to unvested restricted stock units was $731 at December 31, 2019, which is expected to be recognized as expense over the weighted-average period of 0.7 years.
During the years ended December 31, 2019 and 2018, the Company issued 642,520 and 782,364 shares, respectively, of common stock to participants of the 2016 Plan based in the United States, after withholding approximately 261,335 and 472,965 shares, respectively, to satisfy tax withholding obligations. The Company made a cash payment of $181 and $1,495 to cover employee withholding taxes upon the settlement of these vested restricted stock units during the years ended December 31, 2019 and 2018, respectively. During the years ended December 31, 2019 and 2018, the Company also paid $0 and $300 to cash-settle 16 and 100,025 vested restricted stock units by agreement with the Chief Operating Officer in relation to certain grants made to him and to pay cash in lieu of fractional shares for vested units held by participants based in the United States.
Table:
 | Number of Units | Weighted-Average Grant-Date Fair Value
Unvested restricted stock units outstanding - December 31, 2017 | 3,106,024 | $3.43
Granted | 853,736 | 1.46
Vested | (1,583,399) | 3.18
Forfeited | (563,400) | 3.39
Unvested restricted stock units outstanding - December 31, 2018 | 1,812,961 | $2.74
Granted | 60,000 | $0.98
Vested | (904,096) | $2.67
Forfeited | (263,450) | $2.71
Unvested restricted stock units outstanding - December 31, 2019 | 705,415 | $2.68


Question: What are the respective number of units granted and vested in 2017?
Answer: 853,736, 1,583,399