next-tat/TAT-QA huggingface dataset:
Current assets
As Reported
Adjustments
Balances without Adoption of Topic 606
Receivables, less allowance for doubtful accounts
$831.7
$8.7
$840.4
Inventories .
1,571.7
(3.1)
1,568.6
Prepaid expenses and other current assets
93.8
(16.6)
77.2
Current liabilities
Other accrued liabilities
691.6
(1.1)
690.5
Other noncurrent liabilities .
1,951.8
(2.5)
1,949.3

text: We utilized a comprehensive approach to evaluate and document the impact of the guidance on our current accounting policies and practices in order to identify material differences, if any, that would result from applying the new requirements to our revenue contracts. We did not identify any material differences resulting from applying the new requirements to our revenue contracts. In addition, we did not identify any significant changes to our business processes, systems, and controls to support recognition and disclosure requirements under the new guidance. We adopted the provisions of Topic 606 in fiscal 2019 utilizing the modified retrospective method. We recorded a $0.5 million cumulative effect adjustment, net of tax, to the opening balance of fiscal 2019 retained earnings, a decrease to receivables of $7.6 million, an increase to inventories of $2.8 million, an increase to prepaid expenses and other current assets of $6.9 million, an increase to other accrued liabilities of $1.4 million, and an increase to other noncurrent liabilities of $0.2 million. The adjustments primarily related to the timing of recognition of certain customer charges, trade promotional expenditures, and volume discounts.
text: The effect of the changes made to our Consolidated Balance Sheet as of May 26, 2019 for the adoption of Topic 606 was as follows:
text: 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)

Questions:
question: What method did the company use when Topic 606 in fiscal 2019 was adopted?
answer: the modified retrospective method
question: How much was the cumulative-effect adjustment to the opening balance of fiscal 2019 retained earnings?
answer: $0.5 million
question: What are the balances (without Adoption of Topic 606, in millions) of inventories and other accrued liabilities, respectively?
answer: 1,568.6
690.5
question: What is the percentage of adjustment to the balance of as reported prepaid expenses and other current assets?
answer: 17.7
derivation: 16.6/93.8 
scale: percent
question: What is the percentage change of the balance of inventories after being adjusted?
answer: -0.2
derivation: (1,568.6-1,571.7)/1,571.7 
scale: percent
question: What is the ratio of total current assets balance, as reported, to total current liabilities balance, as reported?
answer: 3.61
derivation: (831.7+1,571.7+93.8)/691.6
Years Ended
July 27, 2019
July 28, 2018
July 29, 2017
Variance in Dollars
Variance in Percent
Research and development
$ 6,577
$ 6,332
$6,059
$245
4%
Percentage of revenue
12.7%
12.8%
12.6%
Sales and marketing
9,571
9,242
9,184
329
4%
Percentage of revenue
18.4%
18.7%
19.1%
General and administrative
1,827
2,144
1,993
(317)
(15)%
Percentage of revenue
3.5%
4.3%
4.2%
Total
$17,975
$17,718
$17,236
$257
1%
Percentage of revenue
34.6%
35.9%
35.9%

text: Research and Development (“R&D”), Sales and Marketing, and General and Administrative (“G&A”) Expenses
text: R&D, sales and marketing, and G&A expenses are summarized in the following table (in millions, except percentages):
text: R&D Expenses R&D expenses increased due to higher headcount-related expenses and, to a lesser extent, higher acquisition-related costs, higher contracted services and higher discretionary spending.
text: We continue to invest in R&D in order to bring a broad range of products to market in a timely fashion. If we believe that we are unable to enter a particular market in a timely manner with internally developed products, we may purchase or license technology from other businesses, or we may partner with or acquire businesses as an alternative to internal R&D.
text: Sales and Marketing Expenses Sales and marketing expenses increased due to higher headcount-related expenses, higher discretionary spending and, to a lesser extent, higher contracted services and higher acquisition-related costs, partially offset by lower share-based compensation expense.
text: G&A Expenses G&A expenses decreased due to a benefit from the $400 million litigation settlement with Arista Networks and lower contracted services, partially offset by higher discretionary spending and higher headcount-related expenses.
text: Effect of Foreign Currency In fiscal 2019, foreign currency fluctuations, net of hedging, decreased the combined R&D, sales and marketing, and G&A expenses by approximately $233 million, or 1.3%, compared with fiscal 2018. In fiscal 2018, foreign currency fluctuations, net of hedging, increased the combined R&D, sales and marketing, and G&A expenses by approximately $93 million, or 0.5%, compared with fiscal 2017.

Questions:
question: Which years does the table provide information for R&D, sales and marketing, and G&A expenses?
answer: 2019
2018
2017
question: What was the research and development expense in 2019?
answer: 6,577
scale: million
question: What was the sales and marketing expense in 2017?
answer: 9,184
scale: million
question: What was the change in the research and development expense between 2017 and 2018?
answer: 273
derivation: 6,332-6,059
scale: million
question: How many years did general and administrative expense exceed $2,000 million?
answer: 1
derivation: 2018
question: What was the percentage change in the total expenses between 2017 and 2018?
answer: 2.8
derivation: (17,718-17,236)/17,236
scale: percent
June 30,
2019
2018
Deferred tax assets
Non-capital loss carryforwards
$161,119
$129,436
Capital loss carryforwards
155
417
Undeducted scientific research and development expenses
137,253
123,114
Depreciation and amortization
683,777
829,369
Restructuring costs and other reserves
17,845
17,202
Deferred revenue
53,254
62,726
Other
59,584
57,461
Total deferred tax asset
$1,112,987
$1,219,725
Valuation Allowance
$(77,328)
$(80,924)
Deferred tax liabilities
Scientific research and development tax credits
$(14,482)
$(13,342)
Other
(72,599)
(82,668)
Deferred tax liabilities
$(87,081)
$(96,010)
Net deferred tax asset
$948,578
$1,042,791
Comprised of:
Long-term assets
1,004,450
1,122,729
Long-term liabilities
(55,872)
(79,938)
$948,578
$1,042,791

text: The primary components of the deferred tax assets and liabilities are as follows, for the periods indicated below:
text: We believe that sufficient uncertainty exists regarding the realization of certain deferred tax assets that a valuation allowance is required. We continue to evaluate our taxable position quarterly and consider factors by taxing jurisdiction, including but not limited to factors such as estimated taxable income, any historical experience of losses for tax purposes and the future growth of OpenText.

Questions:
question: What does the table show?
answer: primary components of the deferred tax assets and liabilities
question: What is the total assets as of June 30, 2019?
answer: 948,578
question: What are the Fiscal years included in the table?
answer: 2019
2018
question: What is the average annual total assets for both Fiscal years?
answer: 995684.5
derivation: (948,578+1,042,791)/2
question: What is the percentage change of total assets from fiscal year 2018 to 2019?
answer: -9.03
derivation: (948,578-1,042,791)/1,042,791
scale: percent
question: What is the difference between the Restructuring costs and other reserves in fiscal year 2019 and 2018?
answer: 643
derivation: 17,845-17,202
2019
2018
2017
EARNINGS PER SHARE
Net profit/(loss) for the year (USDm)
166.0
-34.8
2.4
Million shares
Weighted average number of shares
74.3
73.4
62.3
Weighted average number of treasury shares
-0.3
-0.3
-0.3
Weighted average number of shares outstanding
74.0
73.1
62.0
Dilutive effect of outstanding share options
0.0
-
-
Weighted average number of shares outstanding incl. dilutive effect of share options
74.0
73.1
62.0
Basic earnings/(loss) per share (USD)
2.24
-0.48
0.04
Diluted earnings/(loss) per share (USD)
2.24
-0.48
0.04

text: NOTE 26 – EARNINGS PER SHARE AND DIVIDEND PER SHARE
text: When calculating diluted earnings per share for 2018 and 2017, RSUs have been omitted as they are out-of-the-money and thus anti-dilutive, but the RSUs may potentially dilute earnings per share in the future. Please refer to note 3 for information on the RSU share options.

Questions:
question: Why have RSUs been omitted when calculating diluted earnings per share for 2018 and 2017?
answer: RSUs have been omitted as they are out-of-the-money and thus anti-dilutive
question: What information does note 3 provide?
answer: information on the RSU share options
question: What are the types of earnings/(loss) per share provided in the table?
answer: Basic earnings/(loss) per share (USD)
Diluted earnings/(loss) per share (USD)
question: In which year was the weighted average number of shares largest?
answer: 2019
derivation: 74.3>73.4>62.3
question: What was the change in the Weighted average number of shares outstanding incl. dilutive effect of share options from 2018 to 2019?
answer: 0.9
derivation: 74.0-73.1
scale: million
question: What was the percentage change in the Weighted average number of shares outstanding incl. dilutive effect of share options from 2018 to 2019?
answer: 1.23
derivation: (74.0-73.1)/73.1
scale: percent
Year Ended December 31,
2019
2018
2017
Balance at January 1
$1,402
$1,271
$276
Increases for tax positions related to the current year
—
131
995
Decreases for tax positions related to the current year
(1,402)
—
—
Balance at December 31
$—
$1,402
$1,271

text: A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):
text: The provision for uncertain tax positions relates to business in territories outside of the US.
text: The Company’s policy is to classify interest and penalties on uncertain tax positions as a component of tax expense. The Company does not expect the change in uncertain tax positions to have a material impact on its financial position, results of operations, or liquidity.
text: The Company is subject to US federal income tax as well as to income tax in multiple state and foreign jurisdictions, including the UK. Federal income tax returns of the Company are subject to IRS examination for the 2016 through 2019 tax years. State income tax returns are subject to examination for the 2015 through 2019 tax years.
text: Currently, an audit is occurring in the United Kingdom for the year ended December 31, 2017. There are no ongoing audits in any other significant foreign tax jurisdictions.

Questions:
question: Which periods are state income tax returns subject to examination?
answer: 2015 through 2019 tax years.
question: What do the provisions for uncertain tax positions relate to?
answer: business in territories outside of the US
question: What does the company classify interest and penalties on uncertain tax positions as?
answer: a component of tax expense.
question: What is the change in balance between 2018 and 2019 at January 1?
answer: 131
derivation: ($1,402-$1,271)
scale: thousand
question: What is the change in balance between 2017 and 2018 at January 1?
answer: 995
derivation: ($1,271-$276)
scale: thousand
question: What is the percentage change in balance at January 1 and December 31 in 2017?
answer: 360.51
derivation: ($1,271-$276)/$276
scale: percent
Remuneration key performance indicator
2019 actual
2019 threshold
2019 target
2019 maximum
Remuneration measure
Group operating profit (£m)
277.3
256.7
270.3
283.8
Annual Incentive Plan
Group cash generation (£m)
296.4
270.7
285.0
299.2
Annual Incentive Plan
Group ROCE (%)
54.5
50.1
52.7
55.3
Annual Incentive Plan
2017-2019 EPS (%)
57.5
27.6
N/A
52.3
Performance Share Plan
2017-2019 relative TSR (percentile TSR)
94th
50th
N/A
75th
Performance Share Plan

text: 5. Remuneration continued
text: Remuneration at a glance 2019
text: How we performed
text: The above figures exclude the acquisition of Thermocoax.

Questions:
question: What do the figures in the table exclude?
answer: the acquisition of Thermocoax
question: What was the maximum group operating profit in 2019? 
answer: 283.8
scale: million
question: What are the plans under remuneration measure?
answer: Annual Incentive Plan
Performance Share Plan
question: How many remuneration key performance indicators used Annual Incentive Plan as the remuneration measure?
answer: 3
derivation: Group operating profit##Group cash generation##Group ROCE
question: What was the difference between the 2019 actual group cash generation compared with the 2019 target group cash generation?
answer: 11.4
derivation: 296.4-285.0
scale: million
question: What is the 2019 actual group operating profit expressed as a ratio of the 2019 target group operating profit?
answer: 1.03
derivation: 277.3/270.3
FY19 EAIP NEO Payout Amounts
NEO
Base Salary
Annual Incentive Target (%)
Company Performance Funding (%)
Individual Performance Factor (%)
Individual Payout Amount ($)(4)
Gregory S. Clark(1)
1,000,000
150
n/a
n/a
0
Nicholas R. Noviello(2)
650,000
100
n/a
n/a
487,500
Amy L. Cappellanti-Wolf(3)
440,000
70
35.6
100
109,648
Samir Kapuria(3)
450,000
100
35.6
100
152,172
Scott C. Taylor(3)
600,000
100
35.6
100
213,600

text: (1) Mr. Clark did not receive a FY19 EAIP payout.
text: (2) Pursuant to the terms of Mr. Noviello’s Transition Services Agreement dated January 31, 2019 (the ‘‘Transition Services Agreement’’), Mr. Noviello received 75% of his target FY19 EAIP amount under the Company’s Executive Severance Plan because it was greater than the amount that he would have earned under the FY19 EAIP irrespective of individual performance.
text: (3) Ms. Cappellanti-Wolf and Messrs. Kapuria and Taylor each earned an individual performance factor of 100%. In determining the appropriate individual performance factor for each of these executives, the Compensation Committee, with recommendation of the CEO, considered leadership, contributions to NortonLifeLock’s achievement of its goals, and strategic planning among other factors.
text: (4) The Compensation Committee did not exercise its discretion to reduce any payouts.

Questions:
question: Who did not recieve a FY19 EAIP payout?
answer: Mr. Clark
question: Were any FY19 EAIP payouts reduced by the Compensation Committee?
answer: The Compensation Committee did not exercise its discretion to reduce any payouts
question: What is Gregory S. Clark's base salary?
answer: 1,000,000
question: What is the NEOs' total salary?
answer: 3140000
derivation: 1,000,000+650,000+440,000+450,000+600,000
question: What is the NEOs' average salary?
answer: 628000
derivation: (1,000,000+650,000+440,000+450,000+600,000)/5
question: What is the average FY19 individual payout amount?
answer: 192584
derivation: (0+487,500+109,648+152,172+213,600)/5
Fiscal Year 2019
Three Months Ended
(in thousands, except for per share data)
August 31,2019
May 31,2019
February 28,2019
November 30,2018
Net revenue
$6,573,453
$6,135,602
$6,066,990
$6,506,275
Gross profit(4)
495,078
443,799
454,874
519,650
Operating income(1)(4)
189,745
140,918
153,983
216,710
Net income(2)(3)(4)
53,761
44,032
67,607
124,074
Net income attributable to Jabil Inc.(2)(3)(4)
$52,675
$43,482
$67,354
$123,600
Earnings per share attributable to the stockholders of Jabil Inc.
Basic
$0.34
$0.28
$0.44
$0.77
Diluted
$0.34
$0.28
$0.43
$0.76

text: Quarterly Results (Unaudited)
text: The following table sets forth certain unaudited quarterly financial information for the 2019 and 2018 fiscal years. In the opinion of management, this information has been presented on the same basis as the audited consolidated financial statements appearing elsewhere, and all necessary adjustments (consisting primarily of normal recurring accruals) have been included in the amounts stated below to present fairly the unaudited quarterly results when read in conjunction with the audited consolidated financial statements and related notes thereto. The operating results for any quarter are not necessarily indicative of results for any future period.
text: (1) Includes acquisition and integration charges related to our strategic collaboration with JJMD of $17.6 million, $13.4 million, $12.8 million, $8.9 million and $8.1 million for the three months ended August 31, 2019, May 31, 2019, February 28, 2019, November 30, 2018 and August 31, 2018, respectively.
text: (2) Includes ($13.3 million), $111.4 million and $30.9 million of income tax (benefit) expense for the three months ended November 30, 2018, August 31, 2018 and February 28, 2018, respectively, related to the Tax Act.
text: (3) Includes a restructuring of securities loss of $29.6 million for the three months ended August 31, 2019.
text: (4) Includes a distressed customer charge of $6.2 million, $18.0 million and $14.7 million during the three months ended August 31, 2019, August 31, 2018 and February 28, 2018, respectively.

Questions:
question: What were the acquisition and integration charges related to the company's collaboration with JJMD in Q4 Fiscal year 2019?
answer: $17.6 million
question: What was the net income in August 2019?
answer: 53,761
scale: thousand
question: What was the gross profit in May 2019?
answer: 443,799
scale: thousand
question: What was the change in gross profit between May 2019 and August 2019?
answer: 51279
derivation: 495,078-443,799
scale: thousand
question: What was the change in basic earnings per share attributable to the stockholders of Jabil Inc. between May 2019 and August 2019?
answer: 0.06
derivation: $0.34-$0.28
question: What was the percentage change in net revenue between November 2018 and February 2019?
answer: -6.75
derivation: ($6,066,990-$6,506,275)/$6,506,275
scale: percent
December 31,
2019
2018
2017
Beginning balances
$36,836
$42,432
$49,904
Deferral of revenue
45,040
40,003
46,193
Recognition of deferred revenue
(41,034)
(45,599)
(53,665)
Ending balances
$40,842
$36,836
$42,432

text: 5. Balance Sheet Components
text: Deferred Revenue
text: Deferred revenue relates to performance obligations for which payments have been received by the customer prior to revenue recognition. Deferred revenue primarily consists of deferred software, or amounts allocated to mobile dashboard and on-line apps and unspecified upgrade rights. Deferred revenue also includes deferred subscription-based services. The deferred software and deferred subscription-based service performance obligations are anticipated to be recognized over the useful life or service periods of one to eighteen months.
text: Changes in the total short-term and long-term deferred revenue balance were as follows (in thousands):

Questions:
question: What is the definition of deferred revenues?
answer: Performance obligations for which payments have been received by the customer prior to revenue recognition.
question: What is the anticipated duration of useful life for the deferred software and deferred subscription-based service performance obligations to be recognised?
answer: One to eighteen months.
question: What is the beginning balance as of December 31, 2019?
answer: $36,836
scale: thousand
question: What is the difference in the ending balances between 2018 and 2019?
answer: 4006
derivation: 40,842-36,836
scale: thousand
question: What is the average deferral of revenues from 2017-2019?
answer: 43745.33
derivation: (45,040+40,003+46,193)/3
scale: thousand
question: What is the percentage change of the ending balance from 2017 to 2018?
answer: 13.19
derivation: (42,432-36,836)/42,432
scale: percent
2019
2018
Net Loss
$(15,571)
$(24,122)
Basic:
Weighted average shares outstanding at beginning of year
16,041
15,949
Weighted average shares issued during the year, net
182
92
Weighted average common shares, basic
16,223
16,041
Loss from per common share, basic
$(0.96)
$(1.50)
Diluted:
Weighted average common shares, basic
16,223
16,041
Dilutive impact of stock options and restricted stock awards
—
—
Weighted average common shares, diluted
16,223
16,041
Loss per common share, diluted
$ (0.96)
$ (1.50)

text: Loss per share
text: Basic loss per share are computed based on the weighted average number of common shares outstanding during the period. Diluted earnings/loss per share reflect the dilutive impact of outstanding stock options and restricted stock awards. Included in the weighted average shares outstanding is the share consideration in connection with the Restaurant Magic Acquisition (See Note 2 - Acquisitions) in the amount of 908,192 for the period after the close of the transaction. The shares were issued in January 2020, however, no contingencies existed as of the date of the acquisition.
text: The following is a reconciliation of the weighted average shares outstanding for the basic and diluted loss per share computations (in thousands, except share and per share data):
text: At December 31, 2019 and 2018 there were 383,000 and 750,000 incremental shares, respectively, from the assumed exercise of stock options that were excluded from the computation of diluted earnings per share because of the anti-dilutive effect on earnings per share. There were 308,000 restricted stock awards excluded from the computation of diluted earnings per share for the fiscal year ended 2019 and 113,000 for the fiscal year ended 2018.

Questions:
question: How much was the incremental shares at December 31, 2019 and 2018 respectively?
answer: 383,000
750,000
question: How much was the restricted stock awards excluded from the computation of diluted earnings per share for the fiscal year ended 2019?
answer: 308,000
question: How much was the restricted stock awards excluded from the computation of diluted earnings per share for the fiscal year ended 2018?
answer: 113,000
question: What is the change in Net Loss between December 31, 2018 and 2019?
answer: -8551
derivation: 15,571-24,122
scale: thousand
question: What is the change in Weighted average common shares, basic between December 31, 2018 and 2019?
answer: 182
derivation: 16,223-16,041
question: What is the average Net Loss for December 31, 2018 and 2019?
answer: 19846.5
derivation: (15,571+24,122) / 2
scale: thousand