hellotayssir/FinQA_TAT-QA_financial_finetuning_dataset huggingface dataset:
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts) Lamb Weston Spinoff
On November 9, 2016, we completed the Spinoff of our Lamb Weston business. As of such date, we did not beneficially own any equity interest in Lamb Weston and no longer consolidated Lamb Weston into our financial results. The business results were previously reported in the Commercial segment. We reflected the results of this business as discontinued operations for all periods presented.
The summary comparative financial results of the Lamb Weston business through the date of the Spinoff, included within discontinued operations, were as follows:
During fiscal 2017, we incurred $74.8 million of expenses in connection with the Spinoff primarily related to professional fees and contract services associated with preparation of regulatory filings and separation activities. These expenses are reflected in income from discontinued operations. During fiscal 2019 and 2018, we recognized income tax expense of $2.8 million and an income tax benefit of $14.5 million, respectively, due to adjustments of the estimated deductibility of these costs.
In connection with the Spinoff, total assets of $2.28 billion and total liabilities of $2.98 billion (including debt of $2.46 billion) were transferred to Lamb Weston. As part of the consideration for the Spinoff, the Company received a cash payment from Lamb Weston in the amount of $823.5 million. See Note 4 for discussion of the debt-for-debt exchange related to the Spinoff.
We entered into a transition services agreement in connection with the Lamb Weston Spinoff and recognized $2.2 million and $4.2 million of income for the performance of services during fiscal 2018 and 2017, respectively, classified within SG&A expenses.
Table:
 | 2019 | 2018 | 2017
Net sales | $— | $— | $1,407.9
Income (loss) from discontinued operations before income taxes and equity method investment earnings | $— | $(0.3) | $172.3
Income (loss) before income taxes and equity method investment earnings | — | (0.3) | 172.3
Income tax expense (benefit) | 2.8 | (14.6) | 87.5
Equity method investment earnings | — | — | 15.9
Income (loss) from discontinued operations, net of tax . | (2.8) | 14.3 | 100.7
Less: Net income attributable to noncontrolling interests . | — | — | 6.8
Net income (loss) from discontinued operations attributable to Conagra Brands, Inc | $(2.8) | $14.3 | $93.9


Question: What did expenses in connection with the Spinoff primarily relate to in the fiscal year 2017?
Answer: professional fees and contract services associated with preparation of regulatory filings and separation activities
13. Other investments
The Group holds a number of other listed and unlisted investments, mainly comprising managed funds, loan notes, deposits and government bonds.
Accounting policies
Other investments comprising debt and equity instruments are recognised and derecognised on a trade date where a purchase or sale of an investment is under a contract whose terms require delivery of the investment within the timeframe established by the market concerned, and are initially measured at fair value, including transaction costs.
Debt securities that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortised cost using the effective interest method, less any impairment. Debt securities that do not meet the criteria for amortised cost are measured at fair value through profit and loss.
Equity securities are classified and measured at fair value through other comprehensive income, there is no subsequent reclassification of fair value gains and losses to profit or loss following derecognition of the investment. See note 1 “Basis of preparation” for previous measurement categories applicable to the comparative balances at 31 March 2018
Debt securities include loan notes of US$nil (2018: US$2.5 billion (€2.0 billion) issued by Verizon Communications Inc. as part of the Group’s disposal of its interest in Verizon Wireless all of which is recorded within non-current assets and €0.8 billion (2018: €0.9 billion) issued by VodafoneZiggo Holding B.V.
1  Items are measured at fair value and the valuation basis is level 2 classification, which comprises items where fair value is determined from inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly.
2  Items are measured at amortised cost and the carrying amount approximates fair value.
Table:
 | 2019 | 2018
 | €m | €m
Included within non-current assets: |  | 
Equity securities1 | 48 | 47
Debt securities2 | 822 | 3,157
 | 870 | 3,204


Question: How much is the 2019 equity securities ?
Answer: 48
The following is a roll forward of accrued restructuring charges for fiscal 2019 and fiscal 2018 (in millions):
The liability for restructuring and other exit costs of $47.8 million is included in accrued liabilities and other long-term liabilities, on the Company's consolidated balance sheets as of March 31, 2019.
Table:
 | Restructuring |  | Non-Restructuring | 
 | Employee Separation Costs | Exit Costs | Exit Costs | Total
Balance at March 31, 2017 | $5.4 | $34.8 | $— | $40.2
Charges | 1.2 | 0.7 | 20.0 | 21.9
Payments | (5.9) | (9.2) | (0.9) | (16.0)
Non-cash - Other | (0.2) | 1.0 | — | 0.8
Changes in foreign exchange rates | 0.3 | — | — | 0.3
Balance at March 31, 2018 | 0.8 | 27.3 | 19.1 | 47.2
Additions due to Microsemi acquisition | 10.4 | 9.0 | — | 19.4
Charges | 48.9 | (4.7) | — | 44.2
Payments | (47.1) | (13.1) | (4.1) | (64.3)
Non-cash - Other | — | 0.7 | 0.7 | 1.4
Changes in foreign exchange rates | (0.1) | — | — | (0.1)
Balance at March 31, 2019 | $12.9 | $19.2 | $15.7 | $47.8
Current |  |  |  | $26.9
Non-current |  |  |  | 20.9
Total |  |  |  | $47.8


Question: What was the liability for restructuring and other exit costs that was included in accrued liabilities and other long-term liabilities as of 2019?
Answer: $47.8 million
Item 14. Principal Accounting Fees and Services
The following table sets forth the fees for services provided and reasonably expected to be billed by Malone Bailey LLP. The following is a summary of the fees billed to the Company for professional services rendered for the fiscal years ended December 31, 2019 and 2018.
Audit Fees: For the fiscal years ended December 31, 2019 and 2018, the aggregate audit fees billed by our independent auditors were for professional services rendered for
audits and quarterly reviews of our consolidated financial statements, and assistance with reviews of registration statements and documents filed with the SEC.
Audit-Related Fees: Audit-related fees are for assurance and other activities not explicitly related to the audit of our financial statements.
Tax Fees: For the fiscal years ended December 31, 2019 and 2018, there were no tax fees, respectively.
All Other Fees: For the fiscal years ended December 31, 2019 and 2018, there were $0 and $0, respectively.
Audit Committee Pre-Approval Policies and Procedures. The Audit Committee oversees and monitors our financial reporting process and internal control system, reviews and
evaluates the audit performed by our registered independent public accountants and reports to the Board any substantive issues found during the audit. The Audit Committee
is directly responsible for the appointment, compensation and oversight of the work of our registered independent public accountants. The Audit Committee convenes on a
quarterly basis to approve each quarterly filing, and an annual basis to review the engagement of the Company’s external auditor.
The Audit Committee has considered whether the provision of Audit-Related Fees, Tax Fees, and all other fees as described above is compatible with maintaining
Marcum LLP’s and Malone Bailey LLP’s independence and has determined that such services for fiscal years 2019 and 2018, respectively, were compatible. All such services
were approved by the Audit Committee pursuant to Rule 2-01 of Regulation S-X under the Exchange Act to the extent that rule was applicable.
Table:
 | Fiscal Year | Fiscal Year
 | 2019 | 2018
Audit fees | $55,000 | $54,550
Audit-related fees | $- | $-
Tax Fees | $- | $-
All other fees | - | $-
Total | 55,000 | $54,550


Question: Which year has the higher audit fees?
Answer: 2019
Calculation: Obtained from the table
The following table presents the effect of the adoption of the new revenue guidance on the Consolidated Statement of Operations for the fiscal year ended August 31, 2019 (in thousands):
(1) Differences primarily relate to the timing of revenue recognition for over-time customers and to the recovery of fulfillment costs.
(2) Differences primarily relate to the timing of cost recognition for over-time customers and the recognition of fulfillment costs.
Table:
 | Fiscal Year Ended | 
 | August 31, 2019 | 
 | As reported | Balance without the adoption of ASU 2014-09
Net revenue(1) | $25,282,320 | $24,864,754
Cost of revenue(2) | $23,368,919 | $23,057,603
Operating income | $701,356 | $595,105
Income tax expense | $161,230 | $164,054
Net income | $289,474 | $180,399


Question: What was the operating income balance without the adoption of ASU 2014-09 as a ratio of the amount as reported?
Answer: 0.85
Calculation: 595,105/701,356
table of contents stock performance graph the following stock performance graph and related information shall not be deemed 201csoliciting material 201d or 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filings under the securities act of 1933 or the exchange act , each as amended , except to the extent that we specifically incorporate it by reference into such filing . the following stock performance graph compares our cumulative total shareholder return on an annual basis on our common stock with the cumulative total return on the standard and poor 2019s 500 stock index and the amex airline index from december 9 , 2013 ( the first trading day of aag common stock ) through december 31 , 2014 . the comparison assumes $ 100 was invested on december 9 , 2013 in aag common stock and in each of the foregoing indices and assumes reinvestment of dividends . the stock performance shown on the graph below represents historical stock performance and is not necessarily indicative of future stock price performance. .

Table:
 | 12/9/2013 | 12/31/2013 | 12/31/2014
american airlines group inc . | $ 100 | $ 103 | $ 219
amex airline index | 100 | 102 | 152
s&p 500 | 100 | 102 | 114
.

Question: what was the 3 year return of american airlines group inc.?
Answer: 119%
Calculation: subtract(219, 100), divide(#0, 100)
the following table discloses purchases of shares of valero 2019s common stock made by us or on our behalf during the fourth quarter of period total number of shares purchased average price paid per share total number of shares not purchased as part of publicly announced plans or programs ( a ) total number of shares purchased as part of publicly announced plans or programs approximate dollar value of shares that may yet be purchased under the plans or programs ( b ) .

Table:
period | total numberof sharespurchased | averageprice paidper share | total number ofshares notpurchased as part ofpublicly announcedplans or programs ( a ) | total number ofshares purchased aspart of publiclyannounced plans orprograms | approximate dollarvalue of shares thatmay yet be purchasedunder the plans orprograms ( b )
october 2014 | 3180678 | $ 46.27 | 302005 | 2878673 | $ 1.8 billion
november 2014 | 2001273 | $ 50.32 | 119047 | 1882226 | $ 1.7 billion
december 2014 | 5120398 | $ 48.56 | 2624 | 5117774 | $ 1.5 billion
total | 10302349 | $ 48.20 | 423676 | 9878673 | $ 1.5 billion
( a ) the shares reported in this column represent purchases settled in the fourth quarter of 2014 relating to ( i ) our purchases of shares in open-market transactions to meet our obligations under stock-based compensation plans , and ( ii ) our purchases of shares from our employees and non-employee directors in connection with the exercise of stock options , the vesting of restricted stock , and other stock compensation transactions in accordance with the terms of our stock-based compensation plans .
( b ) on february 28 , 2008 , we announced that our board of directors approved a $ 3 billion common stock purchase program .
this $ 3 billion program has no expiration date. .

Question: what was the value of all the shares purchased in october?
Answer: 147169971
Calculation: multiply(3180678, 46.27)
The credit risk profile of trade receivables
Other than those disclosed above no other impairment losses on receivables and contract assets arising from contracts with customers have been recognised. Other than trade receivables there are no financial assets that are past their due date at 31st December 2019.
Payment terms across the Group vary dependent on the geographic location of each operating company. Payment is typically due between 20 and 90 days after the invoice is issued.
All contracts with customers do not contain a significant financing component.
The movement in the allowance for impairment in respect of trade receivables during the year was as follows:
Table:
 | 2019 | 2018
 | £m | £m
Balance at 1st January | 9.8 | 9.6
Additional impairment | 8.6 | 2.8
Amounts written off as uncollectable | (1.2) | (0.7)
Amounts recovered | (0.6) | (0.5)
Impairment losses reversed | (1.1) | (1.4)
Exchange differences | (0.7) | –
Balance at 31st December | 14.8 | 9.8


Question: When is payment typically due for trade receivables?
Answer: between 20 and 90 days after the invoice is issued
Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions):
No individual country other than the U.S. accounted for 10% or more of these assets as of January 31, 2020 and February 1, 2019
VMware’s product and service solutions are organized into three main product groups:
• Software-Defined Data Center
• Hybrid and Multi-Cloud Computing
• Digital Workspace—End-User Computing
VMware develops and markets product and service offerings within each of these three product groups. Additionally, synergies are leveraged across these three product areas. VMware’s products and service solutions from each of its product groups may also be bundled as part of an enterprise agreement arrangement or packaged together and sold as a suite. Accordingly, it is not practicable to determine revenue by each of the three product groups described above.
Table:
 | January 1, 2020 | February 1, 2019
United States | $860 | $849
International | 209 | 113
Total | $1,069 | $962


Question: What was the net property and equipment in the United States in 2019?
Answer: 849
xvi. Equity shares in the suspense account:
In accordance with the requirement of Regulation 34(3) and Part F of Schedule V to the SEBI Listing Regulations, details of equity shares in the suspense account are as follows:
*Pursuant to allotment of 1:1 bonus equity shares.
The voting rights on the shares outstanding in the suspense account as on March 31, 2019 shall remain frozen till the rightful owner of such shares claims the shares.
Table:
Particulars | Number of shareholders | Number of equity shares
Aggregate number of shareholders and the outstanding shares in the suspense account lying as on April 1, 2018 | 26 | 820
Shareholders who approached the Company for transfer of shares from suspense account during the year | - | -
Shareholders to whom shares were transferred from the suspense account during the year | - | -
Shareholders whose shares are transferred to the demat account of the IEPF Authority as per Section 124 of the Act | - | -
Aggregate number of shareholders and the outstanding shares in the suspense account lying as on March 31, 2019 | 26 | 1,640*


Question: How many shareholders approached the Company for transfer of shares from suspense account during the year?
Answer: 0
Research and Development
Research and development expenses in 2019 decreased by $4.6 million, or 21%, as compared to 2018. The decrease was primarily due to a reduction in the number of full-time research and development personnel, resulting in a decrease of $3.1 million in compensation expense and $0.6 million in allocated facilities and information technology costs as compared to 2018. We did not incur restructuring costs in 2019, as compared to 2018 when $0.1 million was incurred as part of the 2018 Restructuring Plan (refer to Note 4 of the accompanying consolidated financial statements). Finally, the decrease was further driven by lower professional fees of $0.6 million, as we reduced the number of research and development contractors as compared to 2018.
Table:
 | Years Ended December 31, |  | Change | 
 | 2019 | 2018 | $ | %
 |  | (dollars in thousands) |  | 
Research and development | $17,845 | $22,450 | $(4,605) | (21)%
Percent of revenues, net | 36% | 38% |  | 


Question: What are the respective values of research and development expenses in 2018 and 2019?
Answer: $22,450, $17,845
common stock from time to time through open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to stock price , business and market conditions and other factors . we have been funding and expect to continue to fund stock repurchases through a combination of cash on hand and cash generated by operations . in the future , we may also choose to fund our stock repurchase program under our revolving credit facility or future financing transactions . there were no repurchases of our series a and b common stock during the three months ended december 31 , 2013 . the company first announced its stock repurchase program on august 3 , 2010 . stock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc. , time warner , inc. , twenty-first century fox , inc . class a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc . class b common stock and the walt disney company . the graph assumes $ 100 originally invested on december 31 , 2008 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2009 , 2010 , 2011 , 2012 and 2013 . december 31 , december 31 , december 31 , december 31 , december 31 , december 31 .

Table:
 | december 312008 | december 312009 | december 312010 | december 312011 | december 312012 | december 312013
disca | $ 100.00 | $ 216.60 | $ 294.49 | $ 289.34 | $ 448.31 | $ 638.56
discb | $ 100.00 | $ 207.32 | $ 287.71 | $ 277.03 | $ 416.52 | $ 602.08
disck | $ 100.00 | $ 198.06 | $ 274.01 | $ 281.55 | $ 436.89 | $ 626.29
s&p 500 | $ 100.00 | $ 123.45 | $ 139.23 | $ 139.23 | $ 157.90 | $ 204.63
peer group | $ 100.00 | $ 151.63 | $ 181.00 | $ 208.91 | $ 286.74 | $ 454.87
equity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2014 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .

Question: what was the five year average uncompounded annual return for the s&p 500?
Answer: 20.93
Calculation: subtract(2013, 2008), subtract(204.63, const_100), divide(#1, #0)
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
The information provided below includes one pension plan which is part of discontinued operations. As such, all related liabilities and expenses are reported in discontinued operations in the Company’s Consolidated Balance Sheets and Consolidated Statements of Operations for all periods presented.
The components of net periodic pension benefit cost recognized in our Consolidated Statements of Operations for the periods presented are as follows:
Table:
 |  | Years Ended December 31, | 
 | 2019 | 2018 | 2017
Service cost | $272 | $841 | $  —
Interest cost | 1,211 | 802 | 809
Expected return on plan assets | (615) | (665) | (597)
Amortization of actuarial gains and losses | 411 | 478 | 503
Net periodic pension cost | $1,279 | $1,456 | $715


Question: What was the change in the net periodic pension cost between 2018 and 2019?
Answer: -177
Calculation: $1,279-$1,456
Operating Segments
The Company operates as one operating segment. Operating segments are defined as components of an enterprise for which separate financial information is regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s chief executive officer, in deciding how to allocate resources and assess performance. The Company’s CODM evaluates the Company’s financial information for the purpose of allocating resources and assessing the performance of these resources on a consolidated basis. The Company operates as one operating segment. Operating segments are defined as components of an enterprise for which separate financial information is regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s chief executive officer, in deciding how to allocate resources and assess performance. The Company’s CODM evaluates the Company’s financial information for the purpose of allocating resources and assessing the performance of these resources on a consolidated basis.
Revenue by geographic country, based on ship-to destinations, which in certain instances may be the location of a contract manufacturer rather than the Company’s end customer, was as follows (in thousands):
Table:
 |  | Year Ended December 31, | 
 | 2019 | 2018 | 2017
United States | $70,702 | $56,839 | $60,723
China | 159,637 | 98,906 | 148,431
Germany | 57,657 | 58,711 | 57,051
Thailand | 82,413 | 68,217 | 48,016
Other | 94,254 | 57,218 | 70,945
Total revenue | $464,663 | 339,891 | 385,166


Question: What are operating segments?
Answer: Operating segments are defined as components of an enterprise for which separate financial information is regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s chief executive officer, in deciding how to allocate resources and assess performance.
Research, Development and Engineering Expense
NM—Not meaningful
Research, development and engineering (RD&E) expense was 7.8 percent of revenue in 2019 and 6.8 percent of revenue in 2018.
RD&E expense increased 11.3 percent in 2019 versus 2018 primarily driven by: • Higher spending (11 points) including investment in the z15 and Red Hat spending in the second half of 2019 (8 points); and • Higher acquisition-related charges associated with the Red Hat transaction (1 point); partially offset by • The effects of currency (1 point).
Operating (non-GAAP) expense increased 10.4 percent year to year primarily driven by the same factors excluding the acquisition-related charges associated with the Red Hat transaction.
Table:
($ in million) |  |  | 
For the year ended December 31: | 2019 | 2018 | Yr.-to-Yr. Percent Change
Total consolidated research, development and engineering | $5,989 | $5,379 | 11.3%
Non-operating adjustment |  |  | 
Acquisition-related charges | (53) | - | NM
Operating (non-GAAP) research, development and engineering | $5,936 | $5,379 | 10.4%


Question: What caused the Operating (non-GAAP) expense increase?
Answer: Operating (non-GAAP) expense increased 10.4 percent year to year primarily driven by the same factors excluding the acquisition-related charges associated with the Red Hat transaction.