next-tat/TAT-QA huggingface dataset:
Year Ended December 31,
Change
2019
2018
$
%
(dollars in thousands)
Research and development
$ 50,024
$ 41,305
$ 8,719
21.1%
% of revenue
25%
28%

text: Research and Development Expense
text: Research and development expense increased by $8.7 million in 2019 compared to 2018. The increase was primarily due to a $5.4 million increase in employee-related costs, which includes stock-based compensation, associated with our increased headcount from 229 employees as of December 31, 2018 to 252 employees as of December 31, 2019, a $1.3 million increase in hosting and software related cost to support research and development activities and an increase of $0.4 million in office related expenses to support research and development activities. In addition, a total of $6.5 million of internally-developed software costs during 2019 and $7.7 million of internally-developed software costs during 2018 were capitalized, resulting in an increase of the expense by $1.2 million compared to 2018.

Questions:
question: What was the increase in the Research and development expense in 2019?
answer: $8.7 million
question: What was the cost of internally-developed software in 2019?
answer: $6.5 million
question: What was the % of revenue for Research and Development expense in 2019 and 2018?
answer: 25
28
scale: percent
question: What was the average Research and development expense for 2018 and 2019?
answer: 45664.5
derivation: (50,024 + 41,305) / 2
scale: thousand
question: In which year was Research and development expenses less than 50,000 thousands?
answer: 2018
derivation: locate and analyze Research and development in row 4
question: What is the change in the % of revenue from 2018 to 2019?
answer: -3
derivation: 25 - 28
scale: percent
2019 NUMBER
2018 NUMBER
Outstanding at the beginning of the period
547,949
-
Granted during the period
-
772,303
Forfeited during the period
(140,687)
(224,354)
Exercised during the period
-
-
Outstanding at the end of the period
407,262
547,949

text: 5.2 Employee share plans (continued)
text: Shares issued under the FY2019, FY2018 and FY2017 Performance Rights plans
text: For the purposes of Sections 200B and 200E of the Corporations Act, iSelect shareholders have approved the giving of any potential benefits under the Performance Rights Plan provided in connection with any future retirement of a participant who holds a ‘managerial or Executive office’ such that for the purposes of the provisions, those benefits will not be included in the statutory limit.
text: Change in control
text: Upon a ‘change of control’, the Board has discretion to determine that some or all of the participants’ Performance Rights vest immediately.
text: FY2018 Performance Rights Plan
text: The following table illustrates the number of, and movements in, shares issued during the year:

Questions:
question: What is the number of outstanding shares at the beginning of the period in 2019?
answer: 547,949
question: What is the number of shares granted during the period in 2018?
answer: 772,303
question: What is the number of shares forfeited during the period in 2019?
answer: 140,687
question: What is the percentage change in the number of shares forfeited during the period from 2018 to 2019?
answer: -37.29
derivation: (140,687-224,354)/224,354
scale: percent
question: What is the percentage of the number of outstanding shares at the end of the period from 2018 to 2019?
answer: -25.68
derivation: (407,262-547,949)/547,949
scale: percent
question: In which year is the number of outstanding shares at the end of the period higher?
answer: 2018
derivation: Find the year with the higher number of outstanding shares at the end of the period
Number of shares
Weighed-Average Grant Date Fair Value
(In thousands)
Non-vested at December 31, 2018
17,059
$19.65
Granted(1)
9,780
12.41
Vested
(9,038)
19.54
Forfeited
(1,757)
18.62
Non-vested at December 31, 2019
16,044
15.42

text: Restricted Stock Awards and Restricted Stock Unit Awards
text: For equity based restricted stock and restricted stock unit awards that contain only service conditions for vesting (time-based awards), we calculate the award fair value based on the closing price of CenturyLink common stock on the accounting grant date. We also grant equity-based awards that contain service conditions as well as additional market or performance conditions. For awards having both service and market conditions, the award fair value is calculated using Monte-Carlo simulations. Awards with service as well as market or performance conditions specify a target number of shares for the award, although each recipient ultimately has the opportunity to receive between 0% and 200% of the target number of shares. For awards with service and market conditions, the percentage received is based on our total shareholder return over the three-year service period versus that of selected peer companies. For awards with service and performance conditions, the percentage received depends upon the attainment of one or more financial performance targets during the two or three-year service period.
text: The following table summarizes activity involving restricted stock and restricted stock unit awards for the year ended December 31, 2019:
text: (1) Shares granted whose related performance conditions were not finalized at December 31, 2019, were excluded from this figure.
text: During 2018, we granted 9.7 million shares of restricted stock and restricted stock unit awards at a weighted-average price of $17.02. During 2017, we granted 5.2 million shares of restricted stock and restricted stock unit awards at a weighted-average price of $22.02. The total fair value of restricted stock that vested during 2019, 2018 and 2017, was $118 million, $169 million and $60 million, respectively.

Questions:
question: What type of granted shares was excluded from the table?
answer: Shares granted whose related performance conditions were not finalized at December 31, 2019
question: How was the award fair value calculated for wards having both service and market conditions?
answer: using Monte-Carlo simulations
question: What are the types of activity involving restricted stock and restricted stock unit awards?
answer: Granted
Vested
Forfeited
question: Which year had a larger amount of restricted stock and restricted stock unit awards granted?
answer: 2018
derivation: 9.7 million > 5.2 million
question: What is the sum of the total fair value of restricted stock vested during 2019, 2018 and 2017?
answer: 347
derivation: 118+169+60
scale: million
question: What is the percentage change in the number of non-vested shares in 2019 from 2018?
answer: -5.95
derivation: (16,044-17,059)/17,059
scale: percent
(in thousands of $)
2019
2018
Oil derivative instrument (see note 24)
45,640
84,730
Operating lease right-of-use-assets (1)
9,847
—
Foreign exchange swap (see note 24)
214
—
Mark-to-market interest rate swaps valuation (see note 24)
8
6,298
Investment in OLT-O (2)
—
7,347
Other non-current assets (3)
24,700
40,729
80,409
139,104

text: 17. OTHER NON-CURRENT ASSETS
text: (1) Following the adoption of ASC 842, the balance sheet presents right-of-use-assets which mainly comprise of our office leases. This standard has been adopted under a modified retrospective transition approach as of January 1, 2019.
text: (2) Investment in OLT-O refers to our investment in an Italian incorporated unlisted company which is involved in the construction, development, operation and maintenance of a FSRU terminal to be situated off the Livorno coast of Italy, representing a 2.7% interest in OLT-O’s issued share capital. In May 2019, a major shareholder sold its shareholding which triggered a re-assessment of the carrying value of our investment in OLT-O. This resulted in an impairment charge of $7.3 million for the write down of the carrying value in our investment in OLT-O in the year ended December 31, 2019.
text: (3) "Other non-current assets" as of December 31, 2019 includes payments made for long lead items ordered in preparation for the conversion of the Viking into an FSRU. As of December 31, 2019 the aggregate carrying value of Viking long lead items was $16.2 million.
text: "Other non-current assets" as of December 31, 2018 was mainly comprised of payments made relating to long lead items ordered in preparation for the conversion of the Gimi into a FLNG vessel. Subsequent to the receipt of a Limited Notice to Proceed from BP in relation to the Greater Tortue Ahmeyim project in December 31, 2018, initial works of the FLNG conversion commenced in January 2019. Consequently, as of December 31, 2019, the aggregate carrying value of $31.0 million has been reclassified to "Asset under development" (see note 15).

Questions:
question: What does "Other non-current assets" in 2018 mainly represent?
answer: Payments made relating to long lead items ordered in preparation for the conversion of the Gimi into a FLNG vessel
question: In which years was the other non-current assets recorded for?
answer: 2019
2018
question: Which country is the FSRU terminal  situated at?
answer: Italy
question: In which year was the oil derivative instrument higher?
answer: 2018
derivation: 84,730>45,640
question: What was the change in mark-to-market interest rate swaps valuation between 2018 and 2019?
answer: -6290
derivation: 8 - 6,298 
scale: thousand
question: What was the percentage change in other non-current assets between 2018 and 2019?
answer: -39.36
derivation: (24,700 - 40,729)/40,729 
scale: percent
As of
As of
December 31, 2019
December 31, 2018
Deferred tax assets:
Reserves and accruals
$62
$45
Research and development credits and other credits
1,730
1,635
Net operating loss carry forward
27,907
25,733
Stock based compensation
8,402
8,857
Other
11
26
Total deferred tax assets
38,112
36,296
Valuation allowance
(38,112)
(36,296)
Deferred tax assets after valuation allowance
—
—
Total deferred tax liability
—
—
Net deferred tax assets (liabilities)
$—
$—

text: In 2019 and 2018, we had pre-tax losses of $19,573 and $25,403 respectively, which are available for carry forward to offset future taxable income. We made determinations to provide full valuation allowances for our net deferred tax assets at the end of 2019 and 2018, including NOL carryforwards generated during the years, based on our evaluation of positive and negative evidence, including our history of operating losses and the uncertainty of generating future taxable income that would enable us to realize our deferred tax assets.
text: Deferred tax assets (liabilities) consist of the following:
text: In assessing the realization of deferred tax assets, management considers whether it is more likely than not that a portion of the net deferred assets will not be realized. The ultimate realization of the net deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Based on the available objective evidence, management believes it is more likely than not that the net deferred tax assets at December 31, 2019 will not be realizable. Accordingly, management has maintained a full valuation allowance against its net deferred tax assets at December 31, 2019. The net change in the total valuation allowance for the 12 months ended December 31, 2019 was an increase of $1,816.

Questions:
question: What is the realization of the net deferred tax assets ultimately dependent upon?
answer: the generation of future taxable income during the periods in which those temporary differences become deductible.
question: What is the net change in the total valuation allowance for the 12 months ended December 31, 2019?
answer: Increase of $1,816
question: What were the amount of pre-tax losses in 2018?
answer: $25,403
question: How many components does the deferred tax assets consist of?
answer: 5
derivation: Reserves and accruals ## Research and development credits and other credits ## Net operating loss carry forward ## Stock based compensation ## Other
question: What is the percentage change in the net operating loss carry forward from 2018 to 2019?
answer: 8.45
derivation: (27,907 - 25,733)/25,733 
scale: percent
question: What is the change in Reserves and accruals between 2018 and 2019?
answer: 17
derivation: 62 - 45
2019
2018
$ CHANGE
% CHANGE
External service revenues
6,427
6,269
158
2.5%
Inter-segment service revenues
49
48
1
2.1%
Total operating service revenues
6,476
6,317
159
2.5%
External product revenues
2,660
2,497
163
6.5%
Inter-segment product revenues
6
4
2
50.0%
Total operating product revenues
2,666
2,501
165
6.6%
Total Bell Wireless revenues
9,142
8,818
324
3.7%

text: BELL WIRELESS RESULTS
text: REVENUES
text: Bell Wireless operating revenues increased by 3.7% in 2019, compared to 2018, driven by greater postpaid and prepaid service revenues and higher product revenues.
text: Service revenues increased by 2.5% in 2019, compared to last year, driven by: • Continued growth in our postpaid and prepaid subscriber base coupled with rate increases • A greater mix of customers subscribing to higher-value monthly plans including unlimited data plans launched in June 2019 • The favourable year-over-year impact from the 2018 CRTC retroactive decision on wireless domestic wholesale roaming rates
text: These factors were partly offset by: • Greater sales of premium handsets and more customers subscribing to higher-value monthly plans • Lower data and voice overages driven by increased customer adoption of monthly plans with higher data allotments and richer voice plans
text: Product revenues increased by 6.6% in 2019, compared to last year, driven by greater sales of premium handsets and the impact of higher-value rate plans in our sales mix.

Questions:
question: What drove the change in product revenues in 2019?
answer: greater sales of premium handsets and the impact of higher-value rate plans in our sales mix
question: What drove the change in Bell Wireless operating revenues in 2019?
answer: greater postpaid and prepaid service revenues and higher product revenues
question: What was the percentage change in External service revenues in 2019 compared to the previous year?
answer: 2.5%
question: Which type of total operating revenues has the highest $ CHANGE?
answer: Total operating product revenues
derivation: 165>159
question: What is the Total Bell Wireless revenues in 2018 and 2019?
answer: 17960
derivation: 9,142+8,818
question: What is the percentage of the total operating service revenues out of the Total Bell Wireless revenues in 2019?
answer: 70.84
derivation: 6,476/9,142
scale: percent
Fiscal Year Ended June 30,
2019
2018
2017
(U.S. $ in thousands)
Executive management
Short-term compensation and benefits
$3,835
$2,991
$2,860
Post-employment benefits
109
99
100
Share-based payments
17,144
9,335
26,030
$21,088
$12,425
$28,990
Board of directors
Cash remuneration
$430
$362
$388
Share-based payments
1,772
1,577
1,825
$2,202
$1,939
$2,213

text: 19. Related Party Transactions
text: Key management personnel compensation
text: All directors and executive management have authority and responsibility for planning, directing and controlling the activities of the Group, and are considered to be key management personnel.
text: Compensation for the Group’s key management personnel is as follows:

Questions:
question: Who are considered to be the key management personnel of the Group?
answer: All directors and executive management have authority and responsibility for planning, directing and controlling the activities of the Group
question: What is the cash remuneration for the Board of directors in fiscal years ended June 30, 2017, 2018 and 2019 respectively?
answer: $388
$362
$430
scale: thousand
question: What is the share-based payments for the Board of directors in fiscal years ended June 30, 2017, 2018 and 2019 respectively?
answer: 1,825
1,577
1,772
scale: thousand
question: What is the average annual total compensation for the Board of directors in fiscal years ended June 30, 2017, 2018 and 2019?
answer: 2118
derivation: (2,202+1,939+2,213)/3
scale: thousand
question: What is the difference in cash remuneration to Board of directors between fiscal years ended June 30, 2018 and 2019?
answer: 68
derivation: 430-362
scale: thousand
question: In fiscal year ended June 30, 2017, what is the percentage constitution of cash remuneration among the total compensation to the Board of directors?
answer: 17.53
derivation: 388/2,213
scale: percent
Year Ended December 31,
2019
2018
2017
Warranty reserve, beginning of period
$8,220
$8,306
$2,158
Provisions made to warranty reserve during the period
13,708
11,775
16,597
Charges against warranty reserve during the period
(11,574)
(11,861)
(10,449)
Warranty reserve end of period
$10,354
8,220
8,306

text: COMMITMENTS AND CONTINGENCIES
text: Warranties
text: The Company’s standard warranty obligation to its customers provides for repair or replacement of a defective product at the Company’s discretion for a period of time following purchase, generally between 12 and 24 months. Factors that affect the warranty obligation include product failure rates, material usage and service delivery costs incurred in correcting product failures. In addition, from time to time, specific warranty accruals may be made if unforeseen technical problems arise. The estimated cost associated with fulfilling the Company’s warranty obligation to customers is recorded in cost of revenue.
text: Changes in the Company’s warranty liability, which is included as a component of accrued liabilities on the consolidated balance sheets, are set forth in the table below (in thousands):

Questions:
question: What are 3 factors that can affect warranty obligation?
answer: Factors that affect the warranty obligation include product failure rates, material usage and service delivery costs incurred in correcting product failures.
question: For how long after product purchase does the company's warranty obligation provide repair or replacement of defective product?
answer: generally between 12 and 24 months
question: What is warranty liability a component of?
answer: accrued liabilities
question: What is the difference in warranty reserve from beginning to end of period 2019?
answer: 2134
derivation: 10,354 - 8,220
scale: thousand
question: What is the percentage change in provisions made to warranty reserve during the period from 2018 to 2019?
answer: 16.42
derivation: (13,708-11,775)/11,775
scale: percent
question: What is the difference in warranty reserve from beginning to end of 2017
answer: 6148
derivation: 8,306-2,158
scale: thousand
All figures in USD except number of shares and earnings (loss) per common share
2019
2018
2017
Numerator:      
Net Loss  
(10,352)
(95,306)
(204,969)
Denominator:            
Basic - Weighted Average Common Shares Outstanding  
142,571,361
141,969,666
103,832,680
Dilutive – Weighted Average Common Shares Outstanding  
142,571,361
141,969,666
103,832,680
Loss per Common Share:            
Basic  
(0.07)
(0.67)
(1.97)
Diluted  
(0.07)
(0.67)
(1.97)

text: 13. EARNINGS (LOSS) PER SHARE
text: Basic earnings per share (“EPS”) are computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted-average number of common shares and dilutive common stock equivalents outstanding during the period.
text: On March 29, 2019, the Company launched an ATM program of our common shares for up to $40.0 million. The Company has issued 5,260,968 shares with net proceeds of $17.9 million under its At-the-Market as of December 31, 2019. The Company has not issued any shares subsequent to the balance sheet date.
text: The remaining available proceeds through the offering is $21.4 million as of the date of this report. Based on the share price of the Company of $3.47 per share as of April 3, 2020 it would have resulted in 6,173,500 new shares being issued, if fully utilizing the remaining balance available through the ATM.

Questions:
question: What are the respective net loss in 2017 and 2018?
answer: 204,969
95,306
question: What are the respective net loss in 2018 and 2019?
answer: 95,306
10,352
question: What are the respective basic weighted average common shares outstanding in 2018 and 2019?
answer: 141,969,666
142,571,361
question: What is the average net loss in 2017 and 2018?
answer: 150137.5
derivation: (204,969 + 95,306)/2 
scale: thousand
question: What is the average net loss in 2018 and 2019?
answer: 52829
derivation: (95,306 + 10,352)/2 
scale: thousand
question: What is the percentage change in the net loss between 2018 and 2019?
answer: -89.14
derivation: (10,352 - 95,306)/95,306 
scale: percent
December 31,
2019
2018
Cash and cash equivalents
$121,398
$148,502
Availability under revolving credit facility
261,000
500,000
Total liquidity
$382,398
$648,502

text: Available Liquidity
text: The following table sets forth our available liquidity for the periods indicated (in thousands):
text: The decrease in total liquidity is primarily attributable to $239.0 million of outstanding revolving credit facility borrowings and $48.0 million of payments to purchase property and equipment and software and distribution rights, partially offset by positive operating cash flows.
text: The Company and Official Payments Corporation, a wholly owned subsidiary, maintain a $140.0 million uncommitted overdraft facility with Bank of America, N.A. The overdraft facility acts as a secured loan under the terms of the Credit Agreement to provide an additional funding mechanism for timing differences that can occur in the bill payment settlement process. As of December 31, 2019, $138.5 million was available.
text: Cash and cash equivalents consist of highly liquid investments with original maturities of three months or less. As of December 31, 2019, we had $121.4 million in cash and cash equivalents, of which $49.2 million was held by our foreign subsidiaries. If these funds were needed for our operations in the U.S., we may potentially be required to pay foreign and U.S. state income taxes to repatriate these funds. As of December 31, 2019, only the earnings in our Indian foreign subsidiaries are indefinitely reinvested. The earnings of all other foreign entities are no longer indefinitely reinvested. We are also permanently reinvested for outside book/tax basis differences related to foreign subsidiaries. These outside basis differences could reverse through sales of the foreign subsidiaries, as well as various other events, none of which are considered probable as of December 31, 2019.

Questions:
question: What was the cash and cash equivalents in 2019?
answer: $121,398
scale: thousand
question: What was the cash and cash equivalents in 2018?
answer: $148,502
scale: thousand
question: What was total liquidity in 2018?
answer: $648,502
scale: thousand
question: What was the change in availability under revolving credit facility between 2018 and 2019?
answer: 239000
derivation: 500,000-261,000
scale: thousand
question: What was the change in total liquidity between 2018 and 2019?
answer: 266104
derivation: $648,502-$382,398
scale: thousand
question: What was the percentage change in cash and cash equivalents between 2018 and 2019?
answer: -18.25
derivation: ($121,398-$148,502)/$148,502
scale: percent