hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
The 2022 Notes consist of the following (in thousands):
(1) Recorded in the consolidated balance sheet within additional paid-in capital, net of $0.8 million transaction costs in equity. December 31, 2019 also includes $36.7 million market premium representing the excess of the total consideration delivered over the fair value of the liability recognized related to the $23.0 million principal balance repurchase of the 2022 Notes.
Table:
 | As of December 31, | 
 | 2019 | 2018
Liability component: |  | 
Principal | $92,000 | $115,000
Less: debt discount, net of amortization | (12,776) | (20,903)
Net carrying amount | $79,224 | $94,097
Equity component (1) | (14,555) | 22,094


Question: What is the change in the debt discount, net of amortization from December 31, 2019 to December 31, 2018?
Answer: -8127
Calculation: 12,776-20,903
Prepaid expenses and other current assets
Prepaid expenses and other current assets consisted of the following at December 31, 2019 and 2018 (in thousands):
(1) In November 2014 and February 2016, we entered into a term loan agreement and a convertible loan agreement, respectively, with Clean Energy Collective, LLC (“CEC”). Our term loan bears interest at 16% per annum, and our convertible loan bears interest at 10% per annum. In November 2018, we amended the terms of the loan agreements to (i) extend their maturity to June 2020, (ii) waive the conversion features on our convertible loan, and (iii) increase the frequency of interest payments, subject to certain conditions. In January 2019, CEC finalized certain restructuring arrangements, which resulted in a dilution of our ownership interest in CEC and the loss of our representation on the company’s board of managers. As a result of such restructuring, CEC no longer qualified to be accounted for under the equity method. As of December 31, 2019, the aggregate balance outstanding on the loans was $23.9 million and was presented within “Prepaid expenses and other current assets.” As of December 31, 2018, the aggregate balance outstanding on the loans was $22.8 million and was presented within “Notes receivable, affiliate.”
(2) See Note 9. “Derivative Financial Instruments” to our consolidated financial statements for discussion of our derivative instruments.
Table:
 | 2019 | 2018
Prepaid expenses | $137,927 | $90,981
Prepaid income taxes . | 47,811 | 59,319
Indirect tax receivables . | 29,908 | 26,327
Restricted cash | 13,697 | 19,671
Notes receivable (1) | 23,873 | 5,196
Derivative instruments (2) . | 1,199 | 2,364
Other current assets | 22,040 | 39,203
Prepaid expenses and other current assets | $276,455 | $243,061


Question: What is the difference between notes receivables from 2018 to 2019?
Answer: 18677
Calculation: 23,873 - 5,196
The following tables summarize information for operating income (loss), depreciation and amortization, restructuring charges, gain (loss) on write down and disposal of long-lived assets, and capital expenditures by reportable segment for the fiscal years ended 2019, 2018 and 2017 and total assets by reportable segment for the fiscal years ended 2019 and 2018 (amounts in thousands): The following tables summarize information for operating income (loss), depreciation and amortization, restructuring charges, gain (loss) on write down and disposal of long-lived assets, and capital expenditures by reportable segment for the fiscal years ended 2019, 2018 and 2017 and total assets by reportable segment for the fiscal years ended 2019 and 2018 (amounts in thousands):
(1) March 31, 2018 adjusted due to the adoption of ASC 606.
Table:
 | March 31, | 
 | 2019 | 2018
Total assets: |  | 
Solid Capacitors | $794,402 | $704,851
Film and Electrolytic (1) | 219,711 | 240,968
MSA | 234,419 | 254,193
Corporate | 69,563 | 22,911
 | $1,318,095 | $1,222,923


Question: What was the change in total assets in Solid Capacitors between 2018 and 2019?
Answer: 89551
Calculation: 794,402-704,851
3. Restructuring and Other Charges, Net
Net restructuring and other charges consisted of the following:
Table:
 |  |  | Fiscal
 | 2019 | 2018 | 2017
 |  | (in millions) | 
Restructuring charges, net | $ 255 | $ 140 | $ 146
Gain on divestiture | — | (2) | —
Other charges (credits), net | — | (12) | 1
Restructuring and other charges, net | $ 255 | $ 126 | $ 147


Question: What are the components considered under Restructuring and Other Charges, Net?
Answer: Restructuring charges, net, Gain on divestiture, Other charges (credits), net
Product Revenue by Segment
The following table presents the breakdown of product revenue by segment (in millions, except percentages):
Amounts may not sum and percentages may not recalculate due to rounding.
Americas Product revenue in the Americas segment increased by 8%, driven by growth in the enterprise, public sector and commercial markets. These increases were partially offset by a product revenue decline in the service provider market. From a country perspective, product revenue increased by 9% in the United States, 26% in Mexico and 6% in Canada, partially offset by a product revenue decrease of 1% in Brazil.
EMEA The increase in product revenue in the EMEA segment of 6% was driven by growth in the public sector and enterprise markets, partially offset by a decline in the service provider market. Product revenue in the commercial market was flat. Product revenue from emerging countries within EMEA increased by 9%, and product revenue for the remainder of the EMEA segment increased by 5%.
APJC Product revenue in the APJC segment increased by 1%, driven by growth in the public sector and enterprise markets, partially offset by declines in the service provider and commercial markets. From a country perspective, product revenue increased by 9% in Japan and 5% in India, partially offset by a product revenue decrease of 16% in China.
Table:
 |  | Years Ended |  | 2019 vs. 2018 | 
 | July 27, 2019 | July 28, 2018 | July 29, 2017 | Variance in Dollars | Variance in Percent
Product revenue: |  |  |  |  | 
Americas | $22,754 | $21,088 | $20,487 | $1,666 | 8%
Percentage of product revenue | 58.3% | 57.5% | 57.4% |  | 
EMEA | 10,246 | 9,671 | 9,369 | 575 | 6%
Percentage of product revenue | 26.3% | 26.3% | 26.2% |  | 
APJC | 6,005 | 5,950 | 5,849 | 55 | 1%
Percentage of product revenue | 15.4% | 16.2% | 16.4% |  | 
Total | $39,005 | $36,709 | $35,705 | $2,296 | 6%


Question: What was the variance in dollars for the product revenue from EMEA for 2019 and 2018?
Answer: 575
A discussion of net sales by reportable segment is presented below for the indicated fiscal years (in millions):
AMER. Net sales for fiscal 2019 in the AMER segment increased $210.4 million, or 17.3%, as compared to fiscal 2018. The increase in net sales was driven by a $181.7 million increase in production ramps of new products for existing customers, a $13.5 million increase in production ramps for new customers and overall net increased customer end-market demand. The increase was partially offset by a $16.4 million decrease for end-of-life products and a $6.0 million reduction due to disengagements with customers.
APAC. Net sales for fiscal 2019 in the APAC segment increased $59.2 million, or 4.0%, as compared to fiscal 2018. The increase in net sales was driven by an $87.3 million increase in production ramps of new products for existing customers and a $58.1 million increase in production ramps for new customers. The increase was partially offset by a $28.4 million reduction due to a disengagement with a customer, a $7.3 million decrease for end-of-life products and overall net decreased customer end-market demand.
EMEA. Net sales for fiscal 2019 in the EMEA segment increased $28.4 million, or 10.1%, as compared to fiscal 2018. The increase in net sales was the result of a $20.2 million increase in production ramps of new products for existing customers, a $4.2 million increase in production ramps for new customers and overall net increased customer end-market demand. The increase was partially offset by a $6.2 million reduction due to a disengagement with a customer.
Table:
 | 2019 | 2018
Net sales:     |  | 
AMER  | $1,429.3 | $1,218.9
APAC  | 1,557.2 | 1,498.0
EMEA  | 309.9 | 281.5
Elimination of inter-segment sales | (132.0) | (124.9)
Total net sales | 3,164.4 | 2,873.5


Question: What was the difference in net sales in 2018 between AMER and EMEA regions?
Answer: 937.4
Calculation: 1,218.9-281.5
risks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector in recent years . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: .

Table:
calendar year: | pre-tax catastrophe losses
( dollars in millions ) | 
2016 | $ 301.2
2015 | 53.8
2014 | 56.3
2013 | 194.0
2012 | 410.0
our losses from future catastrophic events could exceed our projections .
we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool .
we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area .
these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .

Question: what was the percentage change in the pre-tax catastrophe losses from 2015 to 2016
Answer: 460%
Calculation: subtract(301.2, 53.8), divide(#0, 53.8)
NOTE 14 – MAJOR CUSTOMERS AND VENDORS (CONTINUED)
Our accounts receivable includes 3 customers that individually make up more than 10% of our accounts receivable at December 31, 2019 in the percentages of 17.8%, 15.4% and 13.3%.
The Company had four key partners through which 10% or greater of its revenue was generated in either 2019 or 2018 as set forth below. The amounts in the table below reflect the amount of revenue generated through those customers.
Table:
 | 2019 |  | 2018 | 
 | $ | %   | $ | % 
Partner A   | 1,315,706 | 5.3 | 6,841,386 | 32.3
Partner B   | 9,210,347 | 37.4 | 5,350,393 | 25.2
Partner C   | 4,051,217 | 16.5 | 2,584,103 | 12.2
Partner D   | 1,007,573 | 4.1 | 2,159,356 | 10.2


Question: What are the amounts of revenue generated from Partner A in 2018 and 2019, respectively?
Answer: 6,841,386, 1,315,706
Warranty Reserves
We provide warranties on the majority of our product sales and reserves for estimated warranty costs are recorded during the period of sale. The determination of such reserves requires us to make estimates of product return rates and expected costs to repair or replace the products under warranty. We currently establish warranty reserves based on historical warranty costs for each product line. The weighted average warranty period covered is approximately 15 to 18 months. If actual return rates and/or repair and replacement costs differ significantly from our estimates, adjustments to cost of sales may be required in future periods.
Components of the reserve for warranty costs during fiscal 2019, 2018 and 2017 were as follows (in thousands):
Table:
 |  | Fiscal | 
 | 2019 | 2018 | 2017
Beginning balance | $40,220 | $36,149 | $15,949
Additions related to current period sales | 52,271 | 58,865 | 41,365
Warranty costs incurred in the current period | (54,538) | (51,935) | (31,825)
Accruals resulting from acquisitions | 21 | 179 | 14,314
Adjustments to accruals related to foreign exchange and other | (1,514) | (3,038) | (3,654)
Ending balance | $36,460 | $40,220 | $36,149


Question: In which year was the Ending balance the largest?
Answer: 2018
Calculation: 40,220>36,460>36,149
Disaggregation of Total Net Sales: We disaggregate our sales from contracts with customers by end customer, contract type, deliverable type and revenue recognition method for each of our segments, as we believe these factors affect the nature, amount, timing, and uncertainty of our revenue and cash flows.
Sales by Geographic Region (in millions):
Table:
 |  | Years Ended September 30, | 
 | 2019 | 2018 | 2017
United States | $  956.6 | $  627.8 | $  522.8
United Kingdom | 218.2 | 240.7 | 219.4
Australia | 163.5 | 166.7 | 175.6
Far East/Middle East | 74.0 | 86.4 | 112.7
Other | 84.2 | 81.3 | 77.2
Total sales | $1,496.5 | $1,202.9 | $1,107.7


Question: In which year was the amount of sales in Other the largest?
Answer: 2019
Calculation: 84.2>81.3>77.2
8. Goodwill
The changes in the carrying amount of goodwill by operating segment are as follows (amounts in millions):
At December 31, 2019, 2018, and 2017, there were no accumulated impairment losses.
Table:
 | Activision | Blizzard | King | Total
Balance at December 31, 2017 | $6,898 | $190 | $2,675 | $9,763
Other | (1) | — | — | (1)
Balance at December 31, 2018 | $6,897 | $190 | $2,675 | $9,762
Other | 1 | — | 1 | 2
Balance at December 31, 2019 | $6,898 | $190 | $2,676 | $9,764


Question: What was the difference in balance in 2019 between Activision and King?
Answer: 4222
Calculation: $6,898-$2,676
The Group made an operating profit of $60.9 million in the year and adjusted operating profit increased by $50.7 million to $109.0 million, primarily as a result of strong revenue growth. This year's result benefited from a foreign exchange gain of $1.5 million, compared to a foreign exchange loss of $6.9 million in the prior-year.
The Group’s profit before taxation increased by $94.6 million to $53.6 million, from a loss of $41.0 million in the prior-year, primarily as a consequence of the $80.6 million improvement in operating profit supported by a $13.4 million reduction in finance expenses. Finance expenses benefited from foreign exchange gains in the current year resulting from the strengthening of both sterling and the euro against the US dollar, compared to foreign exchange losses in the prior-year.
The Group’s profit for the year increased by $87.8 million to $26.9 million in the year-ended 31 March 2019, which given only a small increase in the year-on-year income tax charge was primarily attributable to the improvement in the profit before taxation.
Cash flow from operating activities remained strong at $142.9 million, reduced by $4.8 million from $147.7 million in the prior-year. The small overall decrease was due to an increase in overheads, partially offset by a reduction in the cashflow outflow on exceptional items and an improved use of working capital. Unlevered free cashflow decreased by $15.8 million to $123.8 million representing the reduction in net cash flow from operating activities adjusted for the cashflow impact of exceptional items.
The table below presents the Group’s financial highlights on a reported basis:
1 Restated for the adoption of IFRS 15 and change in accounting policy in respect of research and development expenditure tax credit scheme and provision for interest on uncertain tax positions, as explained in note 2 of the Financial Statements
2 Definitions and reconciliations of non-GAAP measures are included in note 5 of the Financial Statements
Table:
 | FY19 | FY18 | Change
 | $M | $M | %
Statutory measures |  |  | 
Revenue | 710.6 | 639.0 | 11.2
Profit / (Loss) before taxation | 53.6 | (41.0) | nm
Net cash flow from operating activities | 142.9 | 147.7 | (3.2)
Alternative performance measures2 |  |  | 
Billings | 760.3 | 768.6 | (1.1)
Cash EBITDA | 167.9 | 199.2 | (15.7)
Adjusted operating profit | 109.0 | 58.3 | 87.0
Unlevered free cash flow | 123.8 | 139.6 | (11.3)


Question: What was the change in Revenue in 2019 from 2018?
Answer: 71.6
Calculation: 710.6-639.0
The reconciliation of income tax computed at the U.S. federal statutory tax rate to income tax expense is as follows:
(1) In 2018, we recorded $3.5 million of tax expense related to foreign earnings which were not permanently reinvested prior to the enactment of the U.S. Tax Act. After enactment, certain foreign earnings are taxed at higher statutory rates than the U.S. which results in $2.1 million of incremental tax expense in 2019. In 2017, we provided for deferred taxes on all cumulative unremitted foreign earnings, as the earnings were no longer considered permanently reinvested resulting in a charge of $9.5 million.
Table:
 |  | Years Ended September 30, | 
 | 2019 | 2018 | 2017
 |  | (in thousands) | 
Tax expense at U.S. statutory rate | $ 10,992 | $  3,124 | $  (3,877)
State income taxes, net of federal tax effect | 1,416 | (237) | (923)
Nondeductible expenses | 1,720 | 1,186 | (185)
Change in reserve for tax contingencies | (1,468) | (1,047) | (4,435)
Change in deferred tax asset valuation allowance | (10,007) | 8,784 | 17,374
Foreign rate differential (1) | 2,149 | 5,684 | 9,912
Tax credits | (4,767) | (2,656) | (3,459)
Impact of U.S. Tax Reform | — | (7,053) | —
Global Intangible Low-Tax Income | 8,182 | — | —
Stock Based Compensation | (448) | 59 | 16
Non-controlling interest in equity arrangements | 1,802 | 99 | —
Other | 1,469 | (850) | 235
Provision for income taxes | $  11,040 | $  7,093 | $  14,658


Question: In which year was the provision for income taxes the largest?
Answer: 2017
Calculation: 14,658>11,040>7,093
Our common shares are not a direct investment of our pension funds; however, the pension funds may indirectly include our shares. The aggregate amount of our common shares would not be considered material relative to the total pension fund assets.
Our funding policy is to make contributions in accordance with the laws and customs of the various countries in which we operate as well as to make discretionary voluntary contributions from time to time. We expect to make the minimum required contributions of $42 million and $26 million to our non-U.S. and U.S. pension plans, respectively, in fiscal 2020. We may also make voluntary contributions at our discretion.
At fiscal year end 2019, benefit payments, which reflect future expected service, as appropriate, are expected to be
paid as follows:
Table:
 | Non-U.S. Plans | U.S. Plans
 |  | (in millions)
Fiscal 2020 | $  82 | $  77
Fiscal 2021 | 77 | 74
Fiscal 2022 | 81 | 74
Fiscal 2023 | 85 | 74
Fiscal 2024 | 86 | 74
Fiscal 2025-2029 | 490 | 361


Question: What is the percentage change in Non-U.S. benefit payments expected to be paid in Fiscal 2023 from Fiscal 2022?
Answer: 4.94
Calculation: (85-81)/81
Net Earnings Per Share (“EPS”)
Basic EPS is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding during each year. Diluted EPS is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding RSUs.
A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share data):
In 2019, 2018 and 2017, approximately 42,000, 17,000 and 40,000, respectively, of our RSUs were not included in the diluted EPS calculations because their inclusion would have been anti-dilutive. These share-based awards could be dilutive in the future. In the year ended December 31, 2019, certain potential outstanding shares from convertible senior notes and warrants were not included in the diluted EPS calculations because their inclusion would have been anti-dilutive.
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Numerator: |  |  | 
Netearnings | $159,407 | $163,677 | $90,683
Denominator: |  |  | 
Weighted-average shares used to compute basic EPS | 35,538 | 35,586 | 35,741
Dilutive potential common shares due to dilutive: |  |  | 
RSUs, net of tax effect | 421 | 423 | 466
Weighted-average shares used to compute diluted EPS | 35,959 | 36,009 | 36,207
Net earnings per share: |  |  | 
Basic | $4.49 | $4.60 | $2.54
Diluted | $4.43 | $4.55 | $2.50


Question: What is the change in Net earnings between 2018 and 2019?
Answer: -4270
Calculation: 159,407-163,677
11. Reportable Segments, Geographic Information and Major Customers
Reportable segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief
operating decision maker, or group, in assessing performance and allocating resources. The Company uses an internal management reporting system, which
provides important financial data to evaluate performance and allocate the Company’s resources on a regional basis. Net sales for the segments are attributed to the
region in which the product is manufactured or the service is performed. The services provided, manufacturing processes used, class of customers serviced and
order fulfillment processes used are similar and generally interchangeable across the segments. A segment’s performance is evaluated based upon its operating
income (loss). A segment’s operating income (loss) includes its net sales less cost of sales and selling and administrative expenses, but excludes corporate and
other expenses. Corporate and other expenses primarily represent corporate selling and administrative expenses, and restructuring costs and other charges, if any, such as the $1.7 million of restructuring costs in
fiscal 2019 and the $13.5 million one-time employee bonus paid to full-time, non-executive employees during fiscal 2018 due to the Company's ability to access
overseas cash as a result of Tax Reform (the "one-time employee bonus"). These costs are not allocated to the segments, as management excludes such costs when
assessing the performance of the segments. Inter-segment transactions are generally recorded at amounts that approximate arm’s length transactions. The
accounting policies for the segments are the same as for the Company taken as a whole.
The following information is provided in accordance with the required segment disclosures for fiscal 2019, 2018 and 2017. Net sales were based on the Company’s location providing the product or service (in thousands):
As the Company operates flexible manufacturing facilities and processes designed to accommodate customers with multiple product lines and configurations, it is impracticable to report net sales for individual products or services or groups of similar products and services.
Long-lived assets as of September 28, 2019 and September 29, 2018 exclude other long-term assets, deferred income tax assets and intangible assets, which totaled $78.4 million and $74.2 million, respectively.
Table:
 | September 28,
2019 | September 29,
2018
Long-lived assets: |  | 
United States  | $106,757 | $108,694
Malaysia  | 101,636 | 89,938
Mexico  | 73,864 | 43,078
Romania  | 31,033 | 34,316
China  | 22,378 | 21,878
United Kingdom  | 7,344 | 6,171
Other Foreign  | 6,751 | 5,646
Corporate  | 34,461 | 31,585
 | 384,224 | 341,306


Question: What was the change in the long-lived assets in China between 2018 and 2019?
Answer: 500
Calculation: 22,378-21,878