next-tat/TAT-QA huggingface dataset:
Fiscal 2019
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Total
Net sales
$1,212.5
$1,432.5
$1,374.7
$1,329.8
$5,349.5
Gross profit
$642.0
$689.3
$779.6
$820.5
$2,931.3
Operating income
$132.3
$102.7
$194.7
$284.6
$714.3
Net income from continuing operations
$35.7
$96.3
$49.2
$174.7
$355.9
Diluted net income per common share
$0.14
$0.38
$0.20
$0.70
$1.42

text: Note 21. Quarterly Results (Unaudited)
text: The following table presents the Company's selected unaudited quarterly operating results for the eight quarters ended March 31, 2019. The Company believes that all adjustments of a normal recurring nature have been made to present fairly the related quarterly results (in millions, except per share amounts). Amounts may not add to the total due to rounding:
text: Refer to Note 11, Income Taxes, for an explanation of the one-time transition tax recognized in the third quarter of fiscal 2018. Refer to Note 4, Special Charges and Other, Net, for an explanation of the special charges included in operating income in fiscal 2019 and fiscal 2018. Refer to Note 12, Debt and Credit Facility, for an explanation of the loss on settlement of debt included in other (loss) income, net of $4.1 million during the second quarter, $0.2 million during the third quarter, and $8.3 million during the fourth quarter of fiscal 2019 and $13.8 million and $2.1 million for the first quarter and third quarter of fiscal 2018, respectively. Refer to Note 5, Investments, for an explanation of the impairment recognized on available-for-sale securities in the fourth quarter of fiscal 2018.

Questions:
question: Why might amounts may not add to the total?
answer: due to rounding
question: What was the operating income in the first quarter?
answer: 132.3
scale: million
question: What was the total gross profit?
answer: 2,931.3
scale: million
question: What was the change in the gross profit between the first and second quarter?
answer: 47.3
derivation: 689.3-642.0
scale: million
question: What was the difference between the total net sales and gross profit?
answer: 2418.2
derivation: 5,349.5-2,931.3
scale: million
question: What was the percentage change in the Operating income between the third and fourth quarter?
answer: 46.17
derivation: (284.6-194.7)/194.7
scale: percent
Fiscal
2019
2018
2017
Cost of sales
$4,880
$4,403
$3,541
Research and development
2,990
3,247
2,973
Selling, general and administrative
28,596
25,088
23,911
Income tax benefit
(4,946)
(5,073)
(7,073)
$31,520
$27,665
$23,352

text: Stock Compensation Expense
text: The following table shows total stock-based compensation expense and related tax benefits included in the Consolidated Statements of Operations for fiscal 2019, 2018 and 2017 (in thousands):
text: As a result of our acquisition of Rofin on November 7, 2016, we made a payment of $15.3 million due to the cancellation of options held by employees of Rofin. The payment was allocated between total estimated merger consideration of $11.1 million and post-merger stock-based compensation expense of $4.2 million, recorded in the first quarter of fiscal 2017, based on the portion of the total service period of the underlying options that have not been completed by the merger date.
text: During fiscal 2019, $4.8 million of stock-based compensation cost was capitalized as part of inventory for all stock plans, $4.8 million was amortized into cost of sales and $1.5 million remained in inventory at September 28, 2019. During fiscal 2018, $4.7 million of stock-based compensation cost was capitalized as part of inventory for all stock plans, $4.4 million was amortized into cost of sales and $1.5 million remained in inventory at September 29, 2018.
text: At fiscal 2019 year-end, the total compensation cost related to unvested stock-based awards granted to employees under our stock plans but not yet recognized was approximately $33.1 million. We do not estimate forfeitures. This cost will be amortized on a straight-line basis over a weighted-average period of approximately 1.5 years.

Questions:
question: What was the amount of Research and development in 2019?
answer: 2,990
scale: thousand
question: What was the amount of income tax benefit in 2018?
answer: (5,073)
scale: thousand
question: In which years was cost of sales calculated?
answer: 2019
2018
2017
question: In which year was the amount of Research and development largest?
answer: 2018
derivation: 3,247>2,990>2,973
question: What was the change in  Research and development in 2019 from 2018?
answer: -257
derivation: 2,990-3,247
scale: thousand
question: What was the percentage change in Research and development in 2019 from 2018?
answer: -7.91
derivation: (2,990-3,247)/3,247
scale: percent
USDm
2019
2018
2017
Cash and cash equivalents, including restricted cash
72.5
127.4
134.2
Undrawn credit facilities
173.1
278.7
270.7
Liquidity
245.6
406.1
404.9

text: ALTERNATIVE PERFORMANCE MEASURES – continued
text: Liquidity: TORM defines liquidity as available cash, comprising cash and cash equivalents, including restricted cash, as well as undrawn credit facilities.
text: TORM finds the APM important as the liquidity expresses TORM’s financial position, ability to meet current liabilities and cash buffer. Furthermore, it expresses TORM’s ability to act and invest when possibilities occur.

Questions:
question: How does TORM define liquidity?
answer: TORM defines liquidity as available cash, comprising cash and cash equivalents, including restricted cash, as well as undrawn credit facilities
question: Why does TORM find the APM important?
answer: as the liquidity expresses TORM’s financial position, ability to meet current liabilities and cash buffer. Furthermore, it expresses TORM’s ability to act and invest when possibilities occur.
question: What are the components in the table used to calculate liquidity?
answer: Cash and cash equivalents, including restricted cash
Undrawn credit facilities
question: In which year was liquidity the largest?
answer: 2018
derivation: 406.1>404.9>245.6
question: What was the change in liquidity in 2019 from 2018?
answer: -160.5
derivation: 245.6-406.1
scale: million
question: What was the percentage change in liquidity in 2019 from 2018?
answer: -39.52
derivation: (245.6-406.1)/406.1
scale: percent
Number of Shares
Weighted Average Grant Date Fair Value
Nonvested at December 31, 2018
213,337
$20.21
Vested
-106,610
20.17
Forfeited
-13,885
20.64
Nonvested at December 31, 2019
92,842
$20.13

text: Restricted Share Awards
text: During the years ended December 31, 2017, pursuant to the Company’s 2016 Incentive Plan and 2005 Incentive Plan, the Company granted RSAs. The awards have requisite service periods of three years and vest in increments of 33% on the anniversary of the grant dates. Under each arrangement, shares are issued without direct cost to the employee. RSAs granted to our board vest one year from grant or as of the next annual shareholders meeting, whichever is earlier. The Company estimates the fair value of the RSAs based upon the market price of the Company’s stock at the date of grant. The RSA grants provide for the payment of dividends on the Company’s common stock, if any, to the participant during the requisite service period, and the participant has voting rights for each share of common stock. The Company recognizes compensation expense for RSAs on a straight-line basis over the requisite service period.
text: A summary of nonvested RSAs is as follows:
text: During the year ended December 31, 2019, a total of 106,610 RSAs vested. The Company withheld 32,371 of those shares to pay the employees’ portion of the minimum payroll withholding taxes.

Questions:
question: How many shares did the company withhold to pay  the employees' portion of the minimum payroll withholding taxes?
answer: 32,371
question: What was the number of nonvested shares were there in 2018?
answer: 213,337
question: What was the Weighted Average Grant Date Fair Value of nonvested shares in 2018?
answer: $20.21
question: What is the change in nonvested shares between 2018 and 2019?
answer: -120495
derivation: 92,842-213,337
question: What was the difference in Weighted Average Grant Date Fair Value between Vested and Forfeited shares?
answer: 0.47
derivation: 20.64-20.17
question: What was the difference between the Weighted Average Grant Date Fair Value of nonvested shares in 2019 and forfeited shares?
answer: 0.51
derivation: 20.64-20.13
2019
2018
2017
Current:
Federal
$(1.7)
$(1.4)
$(0.1)
State
(5.0)
(1.8)
(3.8)
Foreign
(48.2)
(189.7)
(113.4)
Deferred:
Federal
1.4
4.0
0.2
State
0.5
0.7
1.0
Foreign
53.2
298.3
85.4
Income tax benefit (provision)
$0.2
$110.1
$(30.7)

text: AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
text: 13. INCOME TAXES
text: Beginning in the taxable year ended December 31, 2012, the Company has filed, and intends to continue to file, U.S. federal income tax returns as a REIT, and its domestic TRSs filed, and intend to continue to file, separate tax returns as required. The Company also files tax returns in various states and countries. The Company’s state tax returns reflect different combinations of the Company’s subsidiaries and are dependent on the connection each subsidiary has with a particular state and form of organization. The following information pertains to the Company’s income taxes on a consolidated basis.
text: The income tax provision from continuing operations consisted of the following:
text: The effective tax rate (“ETR”) on income from continuing operations for the years ended December 31, 2019, 2018 and 2017 differs from the federal statutory rate primarily due to the Company’s qualification for taxation as a REIT, as well as adjustments for state and foreign items. As a REIT, the Company may deduct earnings distributed to stockholders against the income generated by its REIT operations. In addition, the Company is able to offset certain income by utilizing its NOLs, subject to specified limitations.

Questions:
question: What was the deferred Federal Income tax benefit (provision) in 2017?
answer: 0.2
scale: million
question: What do the company's state tax returns reflect?
answer: different combinations of the Company’s subsidiaries and are dependent on the connection each subsidiary has with a particular state and form of organization.
question: What was the deferred Foreign income tax provision in 2019?
answer: 53.2
scale: million
question: How many of the deferred Income tax benefit (provision) were above $50 million in 2017?
answer: 1
derivation: Foreign
question: How many of the current Income tax benefit (provision) were above $(4 million) in 2019?
answer: 2
derivation: Foreign##State
question: What was the percentage change in Income tax benefit (provision) between 2018 and 2019?
answer: -99.82
derivation: ($0.2-$110.1)/$110.1
scale: percent
April 26, 2019
April 27, 2018
Fair value of plan assets
$ 31
$ 25
Benefit obligations
(61)
(53)
Unfunded obligations
$(30)
$(28)

text: Other Defined Benefit Plans
text: We maintain various defined benefit plans to provide termination and postretirement benefits to certain eligible employees outside of the U.S. We also provide disability benefits to certain eligible employees in the U.S. Eligibility is determined based on the terms of our plans and local statutory requirements.
text: Funded Status
text: The funded status of our postretirement health care and other defined benefit plans, which is recognized in other long-term liabilities in our consolidated balance sheets, was as follows (in millions):

Questions:
question: Which years does the table provide information for the funded status of the company's postretirement health care and other defined benefit plans?
answer: 2019
2018
question: What was the fair value of plan assets in 2019?
answer: 31
scale: million
question: What were the benefit obligations in 2018?
answer: (53)
scale: million
question: What was the change in the fair value of plan assets between 2018 and 2019?
answer: 6
derivation: 31-25
scale: million
question: What was the change in benefit obligations between 2018 and 2019?
answer: -8
derivation: -61-(-53)
scale: million
question: What was the percentage change in unfunded obligations between 2018 and 2019?
answer: 7.14
derivation: (-30-(-28))/-28
scale: percent
December 31,
2019
2018
Goodwill
$ 10,368
$ 10,368
Accumulated impairment losses
(1,244 )
(1,244 )
Goodwill
9,124
9,124
Brand names
3,700
3,700
Goodwill and indefinite lived intangible assets
$ 12,824
$ 12,824

text: Note 5 – Goodwill and Intangible Assets
text: Goodwill and indefinite-lived intangible assets consisted of the following:
text: Goodwill
text: The Company performed the annual impairment assessment of goodwill for our single reporting unit as of December 31, 2019, noting no impairment loss. The fair value exceeded the carrying value by 2.4%. Considerable management judgment is necessary to evaluate goodwill for impairment. We estimate fair value using widely accepted valuation techniques including discounted cash flows and market multiples analysis with respect to our single reporting unit. These valuation approaches are dependent upon a number of factors, including estimates of future growth rates, our cost of capital, capital expenditures, income tax rates, and other variables. Assumptions used in our valuations were consistent with our internal projections and operating plans. Our discounted cash flows forecast could be negatively impacted by a change in the competitive landscape, any internal decisions to pursue new or different strategies, a loss of a significant customer, or a significant change in the market place including changes in the prices paid for our products or changes in the size of the market for our products. Additionally, under the market approach analysis, we used significant other observable inputs including various guideline company comparisons. We base our fair value estimates on assumptions we believe to be reasonable, but which are unpredictable and inherently uncertain. Changes in these estimates or assumptions could materially affect the determination of fair value and the conclusions of the quantitative goodwill test for our one reporting unit.
text: Indefinite-lived Intangible Assets
text: The Company performed the annual impairment assessment on the indefinite-lived intangible asset as of December 31, 2019 and 2018, resulting in no impairment losses.

Questions:
question: By how much did the fair value exceed the carrying value by?
answer: 2.4%
question: What does the company use to estimate fair value?
answer: Widely accepted valuation techniques including discounted cash flows and market multiples analysis with respect to our single reporting unit
question: What is the value of brand names as of December 31, 2019?
answer: 3,700
question: What is the change in the value of brand names between 2018 and 2019?
answer: 0
derivation: 3,700-3,700
question: What is the average goodwill and indefinite lived intangible assets for 2018 and 2019?
answer: 12824
derivation: (12,824+12,824)/2
question: What is the percentage constitution of brand names among the total goodwill and indefinite lived intangible assets in 2019?
answer: 28.85
derivation: 3,700/12,824
scale: percent
2019
% of Net
Sales
2018
% of Net Sales
NorthAmerica
$ 871,114
14.5%
$732,695
13.7%
EMEA
$227,083
14.9%
$221,467
14.5%
APAC
$39,901
22.1%
$39,556
21.2%
Consolidated
$1,138,098
14.7%
$993,718
14.0%

text: Gross Profit. Gross profit increased 15%, or $144.4 million, in 2019 compared to 2018, with gross margin increasing approximately 70 basis points to 14.7% of net sales. Our gross profit and gross profit as a percent of net sales by operating segment for 2019 and 2018 were as follows (dollars in thousands):
text: North America’s gross profit in 2019 increased 19% compared to 2018, and as a percentage of net sales, gross margin increased by approximately 80 basis points year over year. The year over year net increase in gross margin was primarily attributable to the following:
text: • A net increase in product margin, which includes partner funding and freight, of 30 basis points year over year. This increase was due primarily to improvements in hardware and software product margin partially as a result of improvements in core business margins on product net sales and also as a result of PCM.
text: • Services margin improvement year over year of 50 basis points was generated from increased vendor funding, cloud solution offerings and referral fees. In addition, there was a 21 basis point improvement in margins from Insight delivered services.
text: EMEA’s gross profit in 2019 increased 3% (increased 8% excluding the effects of fluctuating foreign currency exchange rates), compared to 2018. As a percentage of net sales, gross margin increased by approximately 40 basis points year over year.
text: APAC’s gross profit in 2019 increased 1% (increased 6% excluding the effects of fluctuating foreign currency exchange rates), compared to 2018, with gross margin increasing to 22.1% in 2019 from 21.2% in 2018. The improvement in gross margin for both EMEA and APAC in 2019 compared to 2018 was due primarily to changes in sales mix to higher margin products and services.

Questions:
question: How much did Gross profit increased in 2019 compared to 2018?
answer: $144.4 million
question: How much did North America's Gross profit increased in 2019 compared to 2018?
answer: 19%
question: How much did EMEA's Gross profit increased in 2019 compared to 2018?
answer: 3%
question: What is the change in Net sales of North America between 2018 and 2019?
answer: 138419
derivation: 871,114-732,695
scale: thousand
question: What is the change in Net sales of EMEA between 2018 and 2019?
answer: 5616
derivation: 227,083-221,467
scale: thousand
question: What is the average Net sales of North America for 2018 and 2019?
answer: 801904.5
derivation: (871,114+732,695) / 2
scale: thousand
As at 31 December
2019
2018
RMB’Million
RMB’Million
Included in non-current assets:
Prepayments for media contents
15,731
13,652
Loans to investees and investees’ shareholders (Note (a))
937
3,864
Prepayments for capital investments in investees
587
619
Running royalty fees for online games (Note (b))
564
99
Others
5,623
3,297
23,442
21,531
Included in current assets:
Running royalty fees for online games (Note (b))
10,888
5,230
Prepayments and prepaid expenses
8,353
7,532
Interest receivables
2,774
1,697
Lease deposits and other deposits
1,107
693
Dividend and other investment-related receivables
1,034
338
Refundable value-added tax
629
915
Loans to investees and investees’ shareholders (Note (a))
447
225
Others
2,608
1,863
27,840
18,493
51,282
40,024

text: PREPAYMENTS, DEPOSITS AND OTHER ASSETS
text: Note: (a) As at 31 December 2019, the balances of loans to investees and investees’ shareholders are mainly repayable within a period of one to five years (included in non-current assets), or within one year (included in current assets), and are interest-bearing at rates of not higher than 12.0% per annum (31 December 2018: not higher than 12.0% per annum).
text: (b) Running royalty fees for online games comprised prepaid royalty fees, unamortised running royalty fees and deferred Online Service Fees.
text: As at 31 December 2019, the carrying amounts of deposits and other assets (excludes prepayments and refundable value-added tax) approximated their fair values. Deposits and other assets were neither past due nor impaired.

Questions:
question: What did the running royalty fees for online games comprise of?
answer: prepaid royalty fees, unamortised running royalty fees and deferred Online Service Fees
question: How much was the prepayment for media contents as at 31 December 2018?
answer: 13,652
scale: million
question: How much was the prepayment for media contents as at 31 December 2019?
answer: 15,731
scale: million
question: How much did the prepayments for media contents change by between 2018 year end and 2019 year end?
answer: 2079
derivation: 15,731-13,652
scale: million
question: How much did the prepayments and prepaid expenses change by between 2018 year end and 2019 year end?
answer: 821
derivation: 8,353-7,532
scale: million
question: How much did the interest receivables between 2018 year end and 2019 year end change by?
answer: 1077
derivation: 2,774-1,697
scale: million
2019
2018
$ CHANGE
% CHANGE
Bell Wireless
9,142
8,818
324
3.7%
Bell Wireline
12,356
12,267
89
0.7%
Bell Media
3,217
3,121
96
3.1%
Inter-segment eliminations
(751)
(738)
(13)
(1.8%)
Total BCE operating revenues
23,964
23,468
496
2.1%

text: 4.3 Operating revenues
text: BCE
text: BCE operating revenues grew by 2.1% in 2019, compared to last year, driven by growth across all three of our segments. Total operating revenues consisted of service revenues of $20,737 million and product revenues of $3,227 million in 2019, up 1.4% and 6.6%, respectively, year over year. Wireless operating revenues grew by 3.7% in 2019, driven by product revenue growth of 6.6% and service revenue growth of 2.5%. Wireline operating revenues grew by 0.7% in 2019 attributable to service revenue growth of 0.4% from higher data revenue, moderated by lower voice revenue, and also reflected higher product revenue of 7.2%. Bell Media revenues increased by 3.1% in 2019 reflecting both higher subscriber and advertising revenues

Questions:
question: What is the percentage change in the Total BCE operating revenues in 2019?
answer: 2.1%
question: How much did the wireless operating revenues grow by in 2019?
answer: 3.7%
question: What is the amount of $ CHANGE for Bell Wireless in 2019?
answer: 324
question: What is the percentage of operating revenues for Bell Media out of the total BCE operating revenues in 2019?
answer: 13.42
derivation: 3,217/23,964
scale: percent
question: What is the sum of revenues for Bell Wireless and Bell Wireline in 2018?
answer: 21085
derivation: 8,818+12,267
question: What is the total amount of revenue for Bell Media in 2018 and 2019?
answer: 6338
derivation: 3,217+3,121
Payments due between
Total
July 1, 2019— June 30, 2020
July 1, 2020— June 30, 2022
July 1, 2022— June 30, 2024
July 1, 2024 and beyond
Long-term debt obligations (1)
$3,408,565
$147,059
$292,156
$1,045,567
$1,923,783
Operating lease obligations (2)
318,851
72,853
106,394
59,441
80,163
Purchase obligations
11,280
8,364
2,747
169
—
$3,738,696
$228,276
$401,297
$1,105,177
$2,003,946

text: NOTE 13—GUARANTEES AND CONTINGENCIES
text: We have entered into the following contractual obligations with minimum payments for the indicated fiscal periods as follows:
text: (1) Includes interest up to maturity and principal payments. Please see note 10 "Long-Term Debt" for more details
text: (2) Net of $30.7 million of sublease income to be received from properties which we have subleased to third parties.

Questions:
question: What does the table represent?
answer: contractual obligations with minimum payments for the indicated fiscal periods
question: What is Operating lease obligations net of?
answer: $30.7 million of sublease income
question: What does Long-term debt obligations include?
answer: interest up to maturity and principal payments
question: What is the Total Operating lease obligations expressed as a percentage of Total obligations?
answer: 8.53
derivation: 318,851/3,738,696
scale: percent
question: In what year range(s) are Operating lease obligations more than $100,000(in thousands)?
answer: July 1, 2020— June 30, 2022
derivation: For row 4 if value >100,000 the corresponding year range at row 2 is selected
question: What is the total obligations of July 1, 2024 and beyond expressed as a percentage of total obligations for July 1, 2019-June 30, 2024?
answer: 115.52
derivation: 2,003,946/(3,738,696-2,003,946)
scale: percent