hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Stock-based compensation expense categorized by various equity components for the years ended December 31, 2019, 2018 and 2017 is summarized in the table below (in thousands):
During the years ended December 31, 2019, 2018 and 2017, the Company granted stock options covering zero, zero and 70,000 shares, respectively. The 2017 estimated per share fair value of the grant was $4.62 before estimated forfeitures.
The total fair value of restricted stock awards and units vested during the years ended December 31, 2019, 2018 and 2017 was $30.1 million, $30.4 million and $22.7 million, respectively.
The total intrinsic value of options exercised during the years ended December 31, 2019, 2018 and 2017 was $0.2 million, $1.0 million and $5.5 million, respectively. The intrinsic value is calculated as the difference between the market value on the date of exercise and the exercise price of the shares.
As of December 31, 2019, the unrecognized stock-based compensation balance after estimated forfeitures consisted of $0.1 million related to unvested stock options, to be recognized over an estimated weighted average amortization period of 1.5 years, and $40.3 million related to restricted stock awards and units, including performance-based awards and units, to be recognized over an estimated weighted average amortization period of 2.3 years.
As of December 31, 2018, the unrecognized stock-based compensation balance after estimated forfeitures related to unvested stock options was $0.3 million to be recognized over an estimated weighted average amortization period of 2.0 years and $40.6 million related to restricted stock awards and units, including performance-based awards and units, to be recognized over an estimated weighted average amortization period of 2.2 years.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Employee stock options | $219 | $438 | $1,980
Restricted stock awards and units | 29,031 | 27,974 | 28,909
Employee stock purchase plan | 2,304 | 2,599 | 2,573
Total stock-based compensation expense | $31,554 | $31,011 | $33,462


Question: What is the proportion of employee stock options and employee stock purchase plans over total stock-based compensation expense in 2018?
Answer: 0.1
Calculation: (438+2,599)/31,011
performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 81805 common stockholders of record as of january 31 , 2016 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2015 . the graph and table assume that $ 100 was invested on december 31 , 2010 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested . comparison of five-year cumulative total return for the years ended date citi s&p 500 financials .

Table:
date | citi | s&p 500 | s&p financials
31-dec-2010 | 100.00 | 100.00 | 100.00
30-dec-2011 | 55.67 | 102.11 | 82.94
31-dec-2012 | 83.81 | 118.45 | 106.84
31-dec-2013 | 110.49 | 156.82 | 144.90
31-dec-2014 | 114.83 | 178.28 | 166.93
31-dec-2015 | 110.14 | 180.75 | 164.39
.

Question: what was the percentage cumulative total return of citi common stock for the five years ended 31-dec-2015?
Answer: 10.14%
Calculation: subtract(110.14, const_100), divide(#0, const_100)
Option Exercises and Stock Vested
The table below sets forth information concerning the number of shares acquired on exercise of option awards and vesting of stock awards in 2019 and the value realized upon vesting by such officers.
(1) Amounts realized from the vesting of stock awards are calculated by multiplying the number of shares that vested by the fair market value of a share of our common stock on the vesting date.
Table:
 | Option Awards |  | Stock Awards | 
Name | Number of Shares Acquired on Exercise (#) | Value Realized on Exercise ($) | Number of Shares Acquired on Vesting (#) | Value Realized on Vesting ($)
Jon Kirchner | — | — | 153,090 | 3,428,285
Robert Andersen | — | — | 24,500 | 578,806
Paul Davis | — | — | 20,500 | 482,680
Murali Dharan | — | — | 15,000 | 330,120
Geir Skaaden | — | — | 21,100 | 500,804


Question: Who acquired the highest amount of shares on vesting?
Answer: Jon Kirchner
Calculation: 153,090 is the highest
4. Income Taxes
Provision for Income Taxes
Income (loss) before income tax expense is summarized below (in thousands):
(1) Includes the elimination of intercompany foreign dividends paid to the U.S.
Table:
 |  | Fiscal Year Ended August 31, | 
 | 2019 | 2018 | 2017
Domestic (1) | $(415,707) | $(426,897) | $(373,690)
Foreign (1) | 866,411 | 800,298 | 629,923
 | $450,704 | $373,401 | $256,233


Question: What types of income (loss) before income tax expense is provided by the table?
Answer: Domestic, Foreign
Changes in parameters on the basis of actuarial calculations led to a total increase in the present value of defined benefit obligations by €247 million (2017/18: €−24 million). Most of the effects result from the reduction of the applied invoice rates.
The weighted average term of defined benefit commitments for the countries with material pension obligations amounts to:
Table:
Years | 30/9/2018 | 30/9/2019
Germany | 16 | 16
Netherlands | 22 | 24
United Kingdom | 18 | 18
Belgium | 4 | 6
Other countries | 11 | 11


Question: What was the percentage change in the amount for Belgium in  FY2019 from FY2018?
Answer: 50
Calculation: (6-4)/4
jpmorgan chase & co./2018 form 10-k 41 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 , 2013 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2013 2014 2015 2016 2017 2018 .

Table:
december 31 ( in dollars ) | 2013 | 2014 | 2015 | 2016 | 2017 | 2018
jpmorgan chase | $ 100.00 | $ 109.88 | $ 119.07 | $ 160.23 | $ 203.07 | $ 189.57
kbw bank index | 100.00 | 109.36 | 109.90 | 141.23 | 167.49 | 137.82
s&p financial index | 100.00 | 115.18 | 113.38 | 139.17 | 169.98 | 147.82
s&p 500 index | 100.00 | 113.68 | 115.24 | 129.02 | 157.17 | 150.27
december 31 , ( in dollars ) .

Question: what is the estimated variation between the percentual decrease observed in the s&p 500 index and in the jpmorgan chase during the years 2017 and 2018?
Answer: 2.3%
Calculation: divide(189.57, 203.07), subtract(const_1, #0), divide(150.27, 157.17), subtract(const_1, #2), subtract(#1, #3)
Accumulated other comprehensive income (loss)
Components and activities of AOCI, net of tax, were as follows:
During fiscal 2018, a net foreign currency translation loss of $8 million related to foreign entities sold in the divestiture of our WSS and PKI solutions was reclassified to Gain on divestiture, and a net gain of $3 million related to liquidated foreign entities was reclassified to Other income (expense), net. A realized gain of $7 million on securities sold in connection with the divestiture of our WSS and PKI solutions was reclassified to Gain on divestiture. The tax effect of $3 million was reclassified to Income tax expense (benefit).
Table:
(In millions) | Foreign Currency Translation Adjustments | Unrealized Gain (Loss) On Available- For-Sale Securities | Equity Method Investee | Total AOCI
Balance as of March 31, 2017 | $7 | $5 | $— | $12
Other comprehensive loss before reclassifications | (4) | (5) | — | (9)
Reclassification to net income (loss) | 5 | (4) | — | 1
Balance as of March 30, 2018 | 8 | (4) | — | 4
Other comprehensive income (loss) before reclassifications | (13) | 3 | (1) | (11)
Balance as of March 29, 2019 | $(5) | $(1) | $(1) | $(7)


Question: What units are used in the table?
Answer: millions
as of december 31 , 2006 , we also leased an office and laboratory facility in connecticut , additional office , distribution and storage facilities in san diego , and four foreign facilities located in japan , singapore , china and the netherlands under non-cancelable operating leases that expire at various times through july 2011 . these leases contain renewal options ranging from one to five years . as of december 31 , 2006 , our contractual obligations were ( in thousands ) : contractual obligation total less than 1 year 1 2013 3 years 1 2013 5 years more than 5 years .

Table:
contractual obligation | payments due by period total | payments due by period less than 1 year | payments due by period 1 2013 3 years | payments due by period 1 2013 5 years | payments due by period more than 5 years
operating leases | $ 37899 | $ 5320 | $ 10410 | $ 9371 | $ 12798
total | $ 37899 | $ 5320 | $ 10410 | $ 9371 | $ 12798
the above table does not include orders for goods and services entered into in the normal course of business that are not enforceable or legally binding .
item 7a .
quantitative and qualitative disclosures about market risk .
interest rate sensitivity our exposure to market risk for changes in interest rates relates primarily to our investment portfolio .
the fair market value of fixed rate securities may be adversely impacted by fluctuations in interest rates while income earned on floating rate securities may decline as a result of decreases in interest rates .
under our current policies , we do not use interest rate derivative instruments to manage exposure to interest rate changes .
we attempt to ensure the safety and preservation of our invested principal funds by limiting default risk , market risk and reinvestment risk .
we mitigate default risk by investing in investment grade securities .
we have historically maintained a relatively short average maturity for our investment portfolio , and we believe a hypothetical 100 basis point adverse move in interest rates along the entire interest rate yield curve would not materially affect the fair value of our interest sensitive financial instruments .
foreign currency exchange risk although most of our revenue is realized in u.s .
dollars , some portions of our revenue are realized in foreign currencies .
as a result , our financial results could be affected by factors such as changes in foreign currency exchange rates or weak economic conditions in foreign markets .
the functional currencies of our subsidiaries are their respective local currencies .
accordingly , the accounts of these operations are translated from the local currency to the u.s .
dollar using the current exchange rate in effect at the balance sheet date for the balance sheet accounts , and using the average exchange rate during the period for revenue and expense accounts .
the effects of translation are recorded in accumulated other comprehensive income as a separate component of stockholders 2019 equity. .

Question: what percentage of total contractual obligations are due in more than 5 years?
Answer: 34%
Calculation: divide(12798, 37899)
Revenue and deferred revenue
The Group adopted IFRS 15 Revenue from Contracts with Customers in the current year and has therefore restated the results for the prior-year on a consistent basis, see note 2 of the Financial Statements for further details.
The Group’s revenue increased by $71.6 million, or 11.2 per cent, to $710.6 million in the year-ended 31 March 2019. Subscription revenue was notably strong in the period, with reported growth of 15.9 per cent, or 16.7 per cent on a constant currency basis, because of strong prior-period billings and incremental growth of the MSP channel in the current period.
1 Restated for the adoption of IFRS 15 as explained in note 2 of the Financial Statements
Revenue in the period of $710.6 million comprised $394.1 million from the recognition of prior-period deferred revenues and $316.5 million from in-period billings. The majority of the Group’s billings, which are recognised over the life of the contract, relate to subscription products (FY19: 84.8 per cent; FY18: 83.8 per cent), with the benefit from increased billings being spread over a number of years on the subsequent recognition of deferred revenue. The deferred revenue balance at the end of the period of $742.1 million increased $13.5 million year-on-year, an increase of 1.9 per cent. This was mainly due to a net deferral of billings amounting to $49.7 million partially offset by a net currency revaluation of $36.2 million, a consequence of the weakening of the euro and sterling against the US dollar during the year. Deferred revenue due within one year at the balance sheet date of $428.6M increased by 5.1 per cent at actual rates or by 10.7 per cent in constant currency.
Revenue in the Americas increased by $29.7 million or 13.3 per cent to $253.3 million in the year-ended 31 March 2019, supported by the recognition of prior-period Enduser billings from the Sophos Central platform and the growth of the MSP channel in the current period.
EMEA revenue increased by $39.1 million or 12.0 per cent to $363.6 million in the year-ended 31 March 2019, with growth in Enduser in particular, but also aided by Network sales.
APJ revenue increased by $2.8 million, or 3.1 per cent to $93.7 million in the year-ended 31 March 2019, with good growth in Enduser products partially offset by a decline in Network sales following the legacy product transition.
Table:
 | FY19 | FY18¹ | Growth % | Growth %
 | $m (Reported) | $m (Reported) | (Reported) | (CC)
Revenue by Region: |  |  |  | 
– Americas | 253.3 | 223.6 | 13.3 | 13.4
– EMEA | 363.6 | 324.5 | 12.0 | 12.7
– APJ | 93.7 | 90.9 | 3.1 | 6.2
 | 710.6 | 639.0 | 11.2 | 12.0
Revenue by Product: |  |  |  | 
– Network | 328.5 | 316.5 | 3.8 | 4.7
– Enduser | 348.4 | 291.8 | 19.4 | 20.2
– Other | 33.7 | 30.7 | 9.8 | 10.0
 | 710.6 | 639.0 | 11.2 | 12.0
Revenue by Type: |  |  |  | 
– Subscription | 593.9 | 512.4 | 15.9 | 16.7
– Hardware | 106.8 | 115.1 | (7.2) | (6.3)
– Other | 9.9 | 11.5 | (13.9) | (12.8)
 | 710.6 | 639.0 | 11.2 | 12.0


Question: What was the reported percentage increase in EMEA revenue in 2019 from 2018?
Answer: 12.0 per cent
Items Not Resulting in a Deferred Tax Asset
Of the unused tax losses, €187 million (2018: €213 million; 2017: €263 million) relate to U.S. state tax loss carryforwards.
We have not recognized a deferred tax liability on approximately €17.41 billion (2018: €14.04 billion) for undistributed profits of our subsidiaries, because we are in a position to control the timing of the reversal of the temporary difference and it is probable that such differences will not reverse in the foreseeable future.
Table:
€ millions | 2019 | 2018 | 2017
Unused tax losses |  |  | 
Not expiring | 688 | 575 | 375
Expiring in the following year | 63 | 7 | 9
Expiring after the following year | 373 | 476 | 535
Total unused tax losses | 1,124 | 1,058 | 919
Deductible temporary differences | 538 | 509 | 524
Unused research and development and foreign tax credits |  |  | 
Not expiring | 28 | 54 | 38
Expiring in the following year | 0 | 0 | 2
Expiring after the following year | 17 | 18 | 34
Total unused tax credits | 45 | 72 | 74


Question: What was the Total unused tax credits in 2019?
Answer: 45
17. Called up share capital
Called up share capital is the number of shares in issue at their par value. A number of shares were allotted during the year in relation to employee share schemes.
Accounting policies
Equity instruments issued by the Group are recorded at the amount of the proceeds received, net of direct issuance costs.
Notes: 1 At 31 March 2019 the Group held 1,584,882,610 (2018: 2,139,038,029) treasury shares with a nominal value of €264 million (2018: €356 million). The market value of shares held was €2,566 million (2018: €4,738 million). During the year, 45,657,750 (2018: 53,026,317) treasury shares were reissued under Group share schemes. On 25 August 2017, 729,077,001 treasury shares were issued in settlement of tranche 1 of a maturing subordinated mandatory convertible bond issued on 19 February 2016. On 25 February 2019, 799,067,749 treasury shares were issued in settlement of tranche 2 of the maturing subordinated mandatory convertible bond.
2 On 5 March 2019 the Group announced the placing of subordinated mandatory convertible bonds totalling £1.72 billion with a 2 year maturity date in 2021 and £1.72 billion with a 3 year maturity date due in 2022. The bonds are convertible into a total of 2,547,204,739 ordinary shares with a conversion price of £1.3505 per share.
3 Represents US share awards and option scheme awards.
Table:
 |  | 2019 |  | 2018
 | Number | €m | Number | €m
Ordinary shares of 2020⁄21 US cents each allotted, issued and fully paid:1, 2 |  |  |  | 
1 April | 28,814,803,308 | 4,796 | 28,814,142,848 | 4,796
Allotted during the year3 | 454,870 | – | 660,460 | –
31 March | 28,815,258,178 | 4,796 | 28,814,803,308 | 4,796


Question: What is the average number of ordinary shares as at 31 March for 2018 and 2019?
Answer: 28815030743
Calculation: (28,815,258,178+28,814,803,308)/2
The following table shows the activity of our U.S. and international plan assets, which are measured at fair value using Level 3 inputs.
(1) Balances as of December 31, 2018 have been revised from our 2018 Form 10-K filing to reflect changes in leveling classification of specific funds. These reclassifications did not impact the fair value of any of our pension plan assets.
(2) Purchases of Level 3 assets in 2018 primarily represent the purchase of bulk annuity contracts (buy-ins) in some of our international plans.
Table:
 | December 31, | 
(In millions) | 2019 | 2018
Balance at beginning of period(1) | $ 150.1 | $ 71.5
Gains (losses) on assets still held at end of year | 16.8 | (16.0)
Purchases, sales, issuance, and settlements(2) | 8.3 | 103.7
Transfers in and/or out of Level 3 | — | 1.0
Foreign exchange gain (loss) | 5.0 | (10.1)
Balance at end of period(1) | $ 180.2 | $ 150.1


Question: What is the difference between the Balance at end of period for 2018 and 2019?
Answer: 30.1
Calculation: 180.2-150.1
Contract assets and deferred revenue
(1) Included in other current assets. (2) Included in other long-term assets. (3) Included in other long-term liabilities.
Contract assets are client committed amounts for which revenue recognized exceeds the amount billed to the client and the right to payment is subject to conditions other than the passage of time, such as the completion of a related performance obligation. Deferred revenue consists of billings and payments received in advance of revenue recognition. Contract assets and deferred revenue are netted at the contract level for each reporting period.
The change in deferred revenue in the year ended December 31, 2019 was primarily due to new billings in advance of revenue recognition, partially offset by revenue recognized during the period that was included in deferred revenue at December 31, 2018.
Table:
(in thousands) | December 31, 2019 | December 31, 2018
Contract assets (1) | $5,558 | $3,711
Long-term contract assets (2) | 5,420 | 2,543
 | $10,978 | $6,254
Deferred revenue | $190,080 | $185,145
Long-term deferred revenue (3) | 5,407 | 5,344
 | $195,487 | $190,489


Question: What is the percentage change in contract assets between 2018 and 2019?
Answer: 49.77
Calculation: (5,558 - 3,711)/3,711
Diluted earnings per share. Diluted earnings per share for fiscal 2019 and 2018, as well as information as to the effects of special events that occurred in the indicated periods, as previously discussed and detailed below, were as follows (dollars in millions):
(1) We believe the non-GAAP presentation of diluted earnings per share excluding special tax items, consisting of those related to Tax Reform and a change in our permanent reinvestment assertions related to undistributed earnings of two foreign subsidiaries, as well as restructuring costs and the one-time employee bonus, provide additional insight over the change from the comparative reporting periods by eliminating the effects of special or unusual items. In addition, the Company believes that its diluted earnings per share, as adjusted, enhances the ability of investors to analyze the Company’s operating performance and supplements, but does not replace, its diluted earnings per share calculated in accordance with U.S. GAAP.
Diluted earnings per share increased to $3.50 in fiscal 2019 from $0.38 in fiscal 2018 primarily as a result of increased net income due to the factors discussed above and a reduction in diluted shares outstanding due to repurchase activity under the Company's stock repurchase plans.
Table:
 | 2019 | 2018
Diluted earnings per share, as reported (GAAP) | $3.50 | $0.38
Restructuring costs, net of tax  | 0.05 | —
U.S. Tax Reform  | 0.23 | 2.46
Accumulated foreign earnings assertion  | (0.35) | 
One-time employee bonus, net of tax  | — | 0.39
Diluted earnings per share, as adjusted (non-GAAP) (1) | $3.43 | $3.23


Question: Which years does the table provide information for diluted earnings per share?
Answer: 2019, 2018
Earnings Per Share
Basic earnings per share is computed based on the weighted average number of shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share is computed based on the weighted average number of shares outstanding during the period increased by the effect of dilutive employee stock awards, including stock options, restricted stock awards and stock purchase plan contracts, using the treasury stock method.
The following table presents information necessary to calculate basic and diluted earnings per share (in thousands, except per share data):
There were 98,103, 103,547 and 505 potentially dilutive securities excluded from the dilutive share calculation for fiscal 2019, 2018 and 2017, respectively, as their effect was anti-dilutive.
Table:
 |  | Fiscal | 
 | 2019 | 2018 | 2017
Weighted average shares outstanding—basic | 24,118 | 24,572 | 24,487
Dilutive effect of employee stock awards | 161 | 279 | 290
Weighted average shares outstanding—diluted | 24,279 | 24,851 | 24,777
Net income from continuing operations | $53,825 | $247,360 | $208,644
Loss from discontinued operations, net of income taxes | — | (2) | (1,522)
Net income | $53,825 | $247,358 | $207,122


Question: What was the percentage change in Dilutive effect of employee stock awards in 2019 from 2018?
Answer: -42.29
Calculation: (161-279)/279