next-tat/TAT-QA huggingface dataset:
Years ended
December 31, 2019
December 31, 2018
Expected volatility
50.7%
54.2%
Risk-free interest rate
2.25%
2.72%
Dividend yield
Nil
Nil
Average expected life
4.77
5.31

text: Stock-Based Compensation Expense
text: All share-based awards are measured based on the grant date fair value of the awards and recognized in the Consolidated Statements of Operations and Comprehensive Loss over the period during which the employee is required to perform services in exchange for the award (generally the vesting period of the award).
text: The Company estimates the fair value of stock options granted using the Black-Scholes option valuation model, which requires assumptions, including the fair value of the Company's underlying common stock, expected term, expected volatility, risk-free interest rate and dividend yield of the Company's common stock. These estimates involve inherent uncertainties and the application of management’s judgment. If factors change and different assumptions are used, share-based compensation expense could be materially different in the future.
text: These assumptions are estimated as follows:
text: • Fair Value of Common Stock. The Company uses the five-day volume weighted average price for its common stock as reported on the New York Stock Exchange.
text: • #Expected Term. The Company determines the expected term based on the average period the stock options are expected to remain outstanding. The Company bases the expected term assumptions on its historical behavior combined with estimates of the post-vesting holding period.
text: • Expected Volatility. The Company determines the price volatility factor based on the Company's historical volatility over the expected life of the stock options.
text: • Risk-Free Interest Rate. The Company bases the risk-free interest rate used in the Black-Scholes valuation model on the yield available on U.S. Treasury zero-coupon issues with an equivalent remaining term of the stock options for each stock option group.
text: • Expected Dividend. The Company has not paid and does not anticipate paying any cash dividends in the foreseeable future and, therefore, uses an expected dividend yield of zero in the option pricing model.
text: The grant weighted average assumptions used to estimate the fair value of stock options granted to employees were as follows:

Questions:
question: What are the 4 assumptions shown in the table?
answer: Expected volatility
Risk-free interest rate
Dividend yield
Average expected life
question: What assumptions does the Black-Scholes option valuation model comprise of?
answer: Fair Value of Common Stock
Expected Term
Expected Volatility
Risk-Free Interest Rate
Expected Dividend
question: What is the expected volatility as at December 31, 2019?
answer: 50.7%
question: What is the average expected volatility for 2018 and 2019?
answer: 52.45
derivation: (50.7+54.2)/2
scale: percent
question: What is the average risk-free interest rate for 2018 and 2019?
answer: 2.49
derivation: (2.25+2.72)/2
scale: percent
question: Between 2018 and 2019 year end, which year had lower expected volatility?
answer: 2019
derivation: 50.7<54.2
2019
2018
$ million
$ million
Current
53.2
55.2
Non-current
13.6
14.4
66.8
69.6

text: 25. Deferred income
text: The Group’s deferred income balances relate solely to revenue from contracts with customers.

Questions:
question: What does the Group's deferred income balances relate to?
answer: relate solely to revenue from contracts with customers
question: What is the total amount of deferred income in 2019?
answer: 66.8
scale: million
question: What are the types of deferred income in the table?
answer: Current
Non-current
question: In which year was the deferred income larger?
answer: 2018
derivation: 69.6>66.8
question: What was the change in Current deferred income?
answer: -2
derivation: 53.2-55.2
scale: million
question: What was the percentage change in Current deferred income?
answer: -3.62
derivation: (53.2-55.2)/55.2
scale: percent
Year ended March 31,
(In thousands)
2019
2018
2017
Net cash provided by (used in):
Operating activities
$7,241
$6,874
$3,433
Investing activities
(5,534)
(15,085)
(13,865)
Financing activities
(767)
(1,295)
(847)
Effect of exchange rate changes on cash
(112)
194
(74)
Cash flows provided by (used in) operations
$828
$(9,312)
$(11,353)

text: Cash Flow
text: Cash flow provided by operating activities. Cash flows provided by operating activities were $7.2 million in fiscal 2019. The provision of cash was due primarily to our operating loss of $13.2 million adjusted for $22.4 million in non-cash expense including depreciation, amortization, and share based compensation and an increase of approximately $2 million in net operating assets and liabilities.
text: Cash flows provided by operating activities were $6.9 million in fiscal 2018. The provision of cash was due primarily to our operating loss of $12.1 million adjusted for $19.2 million in non-cash expense including depreciation, amortization, and share based compensation.
text: Cash flows provided by operating activities were $3.4 million in fiscal 2017. The provision of cash included $6.4 million in increased collections on accounts receivable.
text: Cash flow used in investing activities. Cash flows used in investing activities in fiscal 2019 were $5.5 million. This is primarily attributed to $2.2 million in development of proprietary software and $3.3 million for purchase of property and equipment, including internal use software.
text: Cash flows used in investing activities in fiscal 2018 were $15.1 million. This is primarily attributed to $8.9 million in development of proprietary software and $6.1 million for purchase of property and equipment, including internal use software.
text: Cash flows used in investing activities in fiscal 2017 were $13.9 million. This is primarily attributed to $11.9 million in development of proprietary software and $4.2 million for purchase of property and equipment, including internal use software offset by $2.2 million in proceeds from corporate owned life insurance policies.
text: Cash flow used in financing activities. Respectively, in fiscal 2019, 2018, and 2017, the $0.8 million, $1.3 million, and $0.8 million cash flows used in financing activities were primarily comprised of the repurchase of shares to satisfy employee tax withholding and to cover the exercise price of the options, and payments on capital lease obligations.

Questions:
question: What was the cash flow from operating activities in fiscal 2019?
answer: $7.2 million
question: What was Net cash provided by (used in) operating activities in 2017?
answer: $3,433
scale: thousand
question: What was the cash provision in 2017?
answer: $6.4 million
question: What was the increase / (decrease) in operating activities from 2018 to 2019?
answer: 367
derivation: 7,241 - 6,874
scale: thousand
question: What was the average investing activities for 2018 and 2019?
answer: -10309.5
derivation: -(5,534 + 15,085) / 2
scale: thousand
question: What was the average financing activities for 2018 and 2019?
answer: -1031
derivation: -(767 + 1,295) / 2
scale: thousand
Year Ended December 31,
2019
2018
2017
Shares of common stock issuable under equity incentive plans outstanding
6,832
8,943
10,806
Convertible senior notes
1,905
79
-
Potential common shares excluded from diluted net loss per share
8,737
9,022
10,806

text: The following table summarizes the potentially dilutive common shares that were excluded from diluted weighted-average common shares outstanding because including them would have had an anti-dilutive effect (in thousands):
text: Since the Company expects to settle the principal amount of its outstanding convertible senior notes in cash and any excess in cash or shares of the Company’s Class A Common Stock, the Company uses the treasury stock method for calculating any potential dilutive effect of the conversion spread on diluted net income per share, if applicable. The conversion spread will have a dilutive impact on diluted net income per share of common stock when the average market price of the Company’s Class A Common Stock for a given period exceeds the conversion price of $81.45 per share for the Notes.

Questions:
question: What are the respective number of convertible senior notes in 2017 and 2018?
answer: 0
79
scale: thousand
question: What are the respective number of convertible senior notes in 2018 and 2019?
answer: 79
1,905
scale: thousand
question: What are the respective number of shares of common stock issuable under equity incentive plans outstanding in 2018 and 2019?
answer: 8,943
6,832
scale: thousand
question: What is the average number of convertible senior notes between 2017 and 2019?
answer: 661.33
derivation: ( 0 + 79 + 1,905)/3 
scale: thousand
question: What is the total number of shares of common stock issuable under equity incentive plans outstanding between 2017 to 2019?
answer: 26581
derivation: 10,806 + 8,943 + 6,832 
scale: thousand
question: What is the average number of potential common shares excluded from diluted net loss per share between 2017 and 2019?
answer: 9521.67
derivation: (10,806 + 9,022 + 8,737)/3 
scale: thousand
Year Ended December 31,
(In millions)
2019
2018
2017
Continuing operations:
Other associated costs(1)
$ 60.3
$ 13.9
$ 14.3
Restructuring charges
41.9
47.8
12.1
Total charges from continuing operations
102.2
61.7
26.4
Charges included in discontinued operations
—
—
2.4
Total charges
$ 102.2
$ 61.7
$ 28.8
Capital expenditures
$ 3.4
$ 1.0
$ 21.3

text: The following table details our restructuring activities as reflected in the Consolidated Statements of Operations for the years ended December 31, 2019, 2018 and 2017:
text: (1) Other associated costs excludes non-cash cost of $1.9 million for the year ended December 31, 2018 related to sharebased compensation expense.

Questions:
question: What does the table show?
answer: details our restructuring activities as reflected in the Consolidated Statements of Operations for the years ended December 31, 2019, 2018 and 2017
question: What is the year with Charges included in discontinued operations?
answer: 2017
question: What is the Total charges for Year 2019?
answer: 102.2
scale: million
question: If the other associated cost related to sharebased compensation expense was included, what is the other associated costs for 2018?
answer: 15.8
derivation: 13.9+1.9
scale: million
question: What is the Restructuring charges for 2019 expressed as a percentage of Total charges for the year?
answer: 41
derivation: 41.9/102.2
scale: percent
question: What is the average Total charges for the 3 years?
answer: 64.23
derivation: (102.2+61.7+28.8)/3
scale: million
FOR THE YEAR ENDED DECEMBER 31
2019
2018
Interest expense on long-term debt
(1,024)
(918)
Interest expense on other debt
(153)
(133)
Capitalized interest
45
51
Total interest expense
(1,132)
(1,000)

text: Note 6 Interest expense
text: Included in interest expense on long-term debt is interest on lease liabilities of $220 million for 2019 and interest on finance leases of $142 million for 2018.
text: Capitalized interest was calculated using an average rate of 3.96% and 3.88% for 2019 and 2018, respectively, which represents the weighted average interest rate on our outstanding long-term debt.

Questions:
question: What was the average rate used to calculate capitalized interest in 2018?
answer: 3.88%
question: What does the average rate used to calculate capitalized interest represent?
answer: the weighted average interest rate on our outstanding long-term debt
question: What is the amount of capitalized interest in 2018?
answer: 51
scale: million
question: What is the change in capitalized interest in 2019?
answer: -6
derivation: 45-51
scale: million
question: What is the percentage change in capitalized interest in 2019?
answer: -11.76
derivation: (45-51)/51
scale: percent
question: What is the total amount of capitalized interest in 2018 and 2019?
answer: 96
derivation: 45+51
scale: million
Unaudited
Three months ended
31 December 2019
31 December 2018
% of
% of
segment
segment
Amount
revenues
Amount
revenues
(Restated)
(Restated)
(RMB in millions, unless specified)
VAS
26,120
50%
20,330
47%
FinTech and Business Services
21,520
72%
16,310
76%
Online Advertising
9,241
46%
10,800
63%
Others
2,778
84%
2,304
88%
Total cost of revenues
59,659
49,744

text: Cost of revenues. Cost of revenues increased by 20% to RMB59,659 million for the fourth quarter of 2019 on a year-on-year basis. The increase was mainly due to greater costs of FinTech services, channel costs and content costs. As a percentage of revenues, cost of revenues decreased to 56% for the fourth quarter of 2019 from 59% for the fourth quarter of 2018. The following table sets forth our cost of revenues by line of business for the fourth quarter of 2019 and the fourth quarter of 2018:
text: Cost of revenues for VAS increased by 28% to RMB26,120 million for the fourth quarter of 2019 on a year-on-year basis. The increase mainly reflected greater channel costs for smart phone games due to increased revenues, including the channel costs attributable to Supercell, as well as higher content costs for services and products such as live broadcast services, online games and music streaming.
text: Cost of revenues for FinTech and Business Services increased by 32% to RMB21,520 million for the fourth quarter of 2019 on a year-on-year basis. The increase was primarily driven by scale expansion of our payment-related services and cloud business.
text: Cost of revenues for Online Advertising decreased by 14% to RMB9,241 million for the fourth quarter of 2019 on a year-on-year basis. The decrease was mainly due to lower content costs for video advertising as a result of fewer major content releases, and to cost management.

Questions:
question: What was the percentage increase in cost of VAS revenues between the fourth quarter of 2018 and 2019?
answer: 28%
question: What was the percentage increase in cost of FinTech and Business Services revenue between the fourth quarter of 2018 and 2019?
answer: 32%
question: What was the percentage change in cost of Online Advertising revenue between the fourth quarter of 2018 and 2019?
answer: 14%
question: What is the change in costs of VAS revenue between the fourth quarter of 2018 and 2019?
answer: 5790
derivation: 26,120-20,330
scale: million
question: What is the change in costs of FinTech and Business Services revenue between the fourth quarter of 2018 and 2019?
answer: 5210
derivation: 21,520-16,310
scale: million
question: What is the change in costs of Online Advertising revenue between the fourth quarter of 2018 and 2019?
answer: 1559
derivation: 10,800-9,241
scale: million
December 31,
2019
2018
Operating accruals
$23,695
$24,020
Deferred revenue—current portion
4,316
4,504
Payroll and benefits
6,613
7,695
Taxes—non-income based
6,053
4,212
Interest
10,624
11,000
Total
$51,301
$51,431

text: 3. Accrued and other liabilities:
text: Accrued and other current liabilities consist of the following (in thousands):

Questions:
question: What are the respective operating accruals in 2018 and 2019?
answer: $24,020
$23,695
scale: thousand
question: What are the respective current portion of deferred revenue in 2018 and 2019?
answer: 4,504
4,316
scale: thousand
question: What are the respective payroll and benefits in 2018 and 2019?
answer: 7,695
6,613
scale: thousand
question: What is the total operating accruals in 2018 and 2019?
answer: 47715
derivation: ($24,020 + $23,695) 
scale: thousand
question: What is the average current portion of deferred revenue in 2018 and 2019?
answer: 4410
derivation: (4,504 + 4,316)/2 
scale: thousand
question: What is the percentage change in the payroll and benefits in 2018 and 2019?
answer: -14.06
derivation: (6,613 - 7,695)/7,695 
scale: percent
2019
2018
£m
£m
Short-term employee benefits
5.3
4.9
Share-based payments
3.5
2.6
Termination benefits
–
0.1
Pension contributions
0.2
0.2
Total
9.0
7.8

text: 8. Directors and Key Management remuneration
text: The remuneration of Directors is disclosed in the Directors’ remuneration report on pages 64 to 74:
text: Key Management compensation
text: During the year to 31 March 2019, Key Management comprised the members of the OLT and the Non-Executive Directors (2018: OLT and the Non-Executive Directors). The remuneration of all Key Management (including Directors) was as follows:

Questions:
question: What did Key Management comprise of?
answer: comprised the members of the OLT and the Non-Executive Directors (2018: OLT and the Non-Executive Directors).
question: What was the total amount of key management compensation in 2019?
answer: 9.0
scale: million
question: What are the types of key management compensation in the table?
answer: Short-term employee benefits
Share-based payments
Termination benefits
Pension contributions
question: In which year was Share-based payments larger?
answer: 2019
derivation: 3.5>2.6
question: What was the change in the total compensation in 2019 from 2018?
answer: 1.2
derivation: 9.0-7.8
scale: million
question: What was the percentage change in the total compensation in 2019 from 2018?
answer: 15.38
derivation: (9.0-7.8)/7.8
scale: percent
Year Ended December 31,
2019
2018
2017
2016
2015
(unaudited)
Total bookings (in millions)
$3,401.2
$3,011.5
$2,618.2
$2,155.5
$1,914.2
Total customers at period end (in thousands)
19,274
18,518
17,339
14,740
13,774
Average revenue per user
$158
$148
$139
$130
$121

text: Key Metrics
text: In addition to our results determined in accordance with GAAP, we believe the following operating metrics are useful as supplements in evaluating our ongoing operational performance and help provide an enhanced understanding of our business:
text: Total bookings. Total bookings represents cash receipts from the sale of products to customers in a given period adjusted for products where we recognize revenue on a net basis and without giving effect to certain adjustments, primarily net refunds granted in the period. Total bookings provides valuable insight into the sales of our products and the performance of our business since we typically collect payment at the time of sale and recognize revenue ratably over the term of our customer contracts. We report total bookings without giving effect to refunds granted in the period because refunds often occur in periods different from the period of sale for reasons unrelated to the marketing efforts leading to the initial sale. Accordingly, by excluding net refunds, we believe total bookings reflects the effectiveness of our sales efforts in a given period.
text: Total customers. We define a customer as an individual or entity, as of the end of a period, having an account with one or more paid product subscriptions. A single user may be counted asacustomer more than once if the user maintains paid subscriptions in multiple accounts. Total customers is one way we measure the scale of our business and is an important part of our ability to increase our revenue base
text: Average revenue per user (ARPU). We calculate ARPU as total revenue during the preceding 12 month period divided by the average of the number of total customers at the beginning and end of the period. ARPU provides insight into our ability to sell additional products to customers, though the impact to date has been muted due to our continued growth in total customers.

Questions:
question: What is the total bookings for each financial year listed, in chronological order?
answer: $1,914.2
$2,155.5
$2,618.2
$3,011.5
$3,401.2
scale: million
question: What is the total number of customers at each listed period end, in chronological order?
answer: 13,774
14,740
17,339
18,518
19,274
scale: thousand
question: Which financial years are listed in the table? (in chronological order)
answer: 2015
2016
2017
2018
2019
question: What is the average total bookings for 2018 and 2019?
answer: 3206.35
derivation: (3,401.2+3,011.5)/2
scale: million
question: What is the average total bookings for 2017 and 2018?
answer: 2814.85
derivation: (3,011.5+2,618.2)/2
scale: million
question: What is the change in the average total bookings between 2017-2018, and 2018-2019?
answer: 391.5
derivation: [(3,401.2+3,011.5)/2] - [(3,011.5+2,618.2)/2]
scale: million
For the Year Ended December 31,
Change
2018
2017
Amount
Percentage
(dollars in thousands)
Revenue:
Subscription and returns
$254,056
$199,942
$54,114
27%
Professional services
18,042
13,217
4,825
37%
Total revenue
$272,098
$213,159
$58,939
28%

text: Year Ended December 31, 2018 Compared to Year Ended December 31, 2017
text: Revenue
text: Total revenue for the year ended December 31, 2018 increased by $58.9 million, or 28%, compared to the year ended December 31, 2017. Subscription
and returns revenue for the year ended December 31, 2018 increased by $54.1 million, or 27%, compared to the year ended December 31, 2017. Professional
services revenue for the year ended December 31, 2018 increased by $4.8 million, or 37%, compared to the year ended December 31, 2017. Growth in total
revenue was due primarily to increased demand for our products and services from both new and existing customers. Of the increase in total revenue for the year
ended December 31, 2018 compared to 2017, approximately $29.6 million was attributable to existing customers, approximately $28.3 million was attributable to
new customers, and approximately $1.1 million was due to interest income on funds held for customers. Total subscription and returns revenue for 2018 included
$1.2 million related to our cross-border transactions technology acquired in May 2018.

Questions:
question: What are the 2017 and 2018 total revenue respectively?
answer: $272,098
$213,159
scale: million
question: What are the increase in revenue from subscription and returns as well as from professional service between 2017 and 2018?
answer: $54.1
$4.8
scale: million
question: What is the increase in total revenue attributed to?
answer: increased demand for our products and services from both new and existing customers.
question: What is the total revenue earned in both 2017 and 2018?
answer: 485257
derivation: 272,098 + 213,159 
scale: thousand
question: What is the value of revenue from subscription and returns as a percentage of the 2018 total revenue?
answer: 93.37
derivation: 254,056/272,098 
scale: percent
question: What is the value of revenue from professional services as a percentage of the 2018 total revenue?
answer: 6.63
derivation: 18,042/272,098 
scale: percent