next-tat/TAT-QA huggingface dataset:
August 31,
2019
2018
2017
2016
2015
(in thousands)
Consolidated Balance Sheets Data:
Working capital(2)
$(187,020)
$319,050
$(243,910)
$280,325
$191,168
Total assets
$12,970,475
$12,045,641
$11,095,995
$10,322,677
$9,591,600
Current installments of notes payable and long-term debt
$375,181
$25,197
$444,255
$44,689
$321,964
Notes payable and long-term debt, less current installments
$2,121,284
$2,493,502
$1,606,017
$2,046,655
$1,308,663
Total Jabil Inc. stockholders’ equity
$1,887,443
$1,950,257
$2,353,514
$2,438,171
$2,314,856
Common stock shares outstanding
153,520
164,588
177,728
186,998
192,068

text: Item 6. Selected Financial Data
text: The following selected data is derived from our Consolidated Financial Statements. This data should be read in conjunction with the Consolidated Financial Statements and notes thereto incorporated into Item 8, “Financial Statements and Supplementary Data” and with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
text: (2) Working capital is defined as current assets minus current liabilities.

Questions:
question: How does the company define working capital?
answer: current assets minus current liabilities
question: What were the total assets in 2019?
answer: $12,970,475
scale: thousand
question: What are the years included in the table?
answer: 2019
2018
2017
2016
2015
question: What was the change in Current installments of notes payable and long-term debt between 2018 and 2019?
answer: 349984
derivation: $375,181-$25,197
scale: thousand
question: How many years did Common stock shares outstanding exceed $160,000 thousand?
answer: 4
derivation: 2018##2017##2016##2015
question: What was the percentage change in Total Jabil Inc. stockholders’ equity between 2018 and 2019?
answer: -3.22
derivation: (1,887,443-1,950,257)/1,950,257
scale: percent
(in thousands of $)
2019
2018
2017
Service cost
162
250
313
Interest cost
1,740
1,687
1,901
Expected return on plan assets
(375)
(926)
(843)
Recognized actuarial loss
777
1,392
1,182
Net periodic benefit cost
2,304
2,403
2,553

text: 22. PENSIONS
text: Defined contribution scheme
text: We operate a defined contribution scheme. The pension cost for the period represents contributions payable by us to the scheme. The charge to net income for the years ended December 31, 2019, 2018 and 2017 was $2.4 million, $1.9 million and $1.7 million, respectively.
text: Defined benefit schemes
text: We have two defined benefit pension plans both of which are closed to new entrants but still cover certain of our employees. Benefits are based on the employee's years of service and compensation. Net periodic pension plan costs are determined using the Projected Unit Credit Cost method. Our plans are funded by us in conformity with the funding requirements of the applicable government regulations. Plan assets consist of both fixed income and equity funds managed by professional fund managers. We have two defined benefit pension plans both of which are closed to new entrants but still cover certain of our employees. Benefits are based on the employee's years of service and compensation. Net periodic pension plan costs are determined using the Projected Unit Credit Cost method. Our plans are funded by us in conformity with the funding requirements of the applicable government regulations. Plan assets consist of both fixed income and equity funds managed by professional fund managers.
text: We use December 31 as a measurement date for our pension plans.
text: The components of net periodic benefit costs are as follows:
text: The components of net periodic benefit costs are recognized in the income statement within administrative expenses and vessel operating expenses.
text: The estimated net loss for the defined benefit pension plans that will be amortized from accumulated other comprehensive income into net periodic pension benefit cost during the year ended December 31, 2019 is $0.8 million (2018: $1.4 million).

Questions:
question: What are the components of net periodic benefit costs?
answer: Service cost
Interest cost
Expected return on plan assets
Recognized actuarial loss
question: How are net periodic pension plan costs determined?
answer: Using the Projected Unit Credit Cost method
question: What does plan assets comprise of?
answer: Fixed income and equity funds managed by professional fund managers
question: Which year was the interest cost the lowest?
answer: 2018
derivation: 1,687 < 1,740 <1,901
question: What was the change in service cost from 2017 to 2018?
answer: -63
derivation: 250 - 313 
scale: thousand
question: What was the percentage change in net periodic benefit cost from 2018 to 2019?
answer: -4.12
derivation: (2,304 - 2,403)/2,403 
scale: percent
Year Ended
(In millions)
March 29, 2019
March 30, 2018
March 31, 2017
Total segments:
Net revenues
$4,731
$4,834
$4,019
Operating income
$1,414
$1,584
$1,026
Enterprise Security:
Net revenues
$2,323
$2,554
$2,355
Operating income
$269
$473
$187
Consumer Cyber Safety:
Net revenues
$2,408
$2,280
$1,664
Operating income
$1,145
$1,111
$839

text: We operate in the following two reportable segments, which are the same as our operating segments:
text: • Enterprise Security. Our Enterprise Security segment focuses on providing our Integrated Cyber Defense solutions to help business and government customers unify cloud and on-premises security to deliver a more effective cyber defense solution, while driving down cost and complexity. • Consumer Cyber Safety. Our Consumer Cyber Safety segment focuses on providing cyber safety solutions under our Norton LifeLock brand to help consumers protect their devices, online privacy, identities, and home networks.
text: Operating segments are based upon the nature of our business and how our business is managed. Our Chief Operating Decision Makers, comprised of our Chief Executive Officer and Chief Financial Officer, use our operating segment financial information to evaluate segment performance and to allocate resources.
text: There were no inter-segment sales for the periods presented. The following table summarizes the operating results of our reportable segments:
text: Note 15. Segment and Geographic Information

Questions:
question: What are the two reportable segments?
answer: Enterprise Security
Consumer Cyber Safety
question: What does the table represent?
answer: summarizes the operating results of our reportable segments
question: What is the total segments operating income for Year ended  March 29, 2019?
answer: $1,414
scale: million
question: What is the average total segments Operating income for the fiscal years 2019, 2018 and 2017?
answer: 1341.33
derivation: (1,414+1,584+1,026)/3
scale: million
question: What is the average total segments Net revenues for the fiscal years 2019, 2018 and 2017?
answer: 4528
derivation: (4,731+4,834+4,019)/3
scale: million
question: For fiscal year 2019, what is the total segements Operating income expressed as a percentage of net revenues?
answer: 29.89
derivation: 1,414/4,731
scale: percent
YearEnded
June 30, 2019
June 24, 2018
June 25, 2017
Revenue (in millions)
$9,654
$11,077
$8,014
Korea
23%
35%
31%
China
22%
16%
13%
Japan
20%
17%
13%
Taiwan
17%
13%
26%
UnitedStates
8%
7%
8%
SoutheastAsia
6%
7%
5%
Europe
4%
5%
4%

text: Results of Operations
text: Revenue
text: Revenue decreased in fiscal year 2019 compared to fiscal year 2018, but increased compared to fiscal year 2017, primarily as a result of the volatility of semiconductor capital investments by our customers. The overall Asia region continued to account for a majority of our revenues as a substantial amount of the worldwide capacity investments for semiconductor manufacturing continued to occur in this region.
text: Our deferred revenue balance was $449 million as of June 30, 2019, compared to $994 million as of June 24, 2018. The deferred revenue at the end of June 2019 is recognized under Accounting Standard Codification (“ASC”) 606, while the same values as of June 2018 are recognized under ASC 605, which contributes to the change in value period over period. Our deferred revenue balance does not include shipments to customers in Japan, to whom title does not transfer until customer acceptance. Shipments to customers in Japan are classified as inventory at cost until the time of customer acceptance. The anticipated future revenue value from shipments to customers in Japan was approximately $78 million as of June 30, 2019, compared to $607 million as of June 24, 2018.

Questions:
question: What is the deferred revenue at the end of June 2019 recognised under?
answer: Accounting Standard Codification (“ASC”) 606
question: What is the percentage of Korea revenue in the total revenue on June 30, 2019?
answer: 23%
question: What is the percentage of China revenue in the total revenue on June 24, 2018?
answer: 16%
question: What is the percentage change in the total revenue from 2018 to 2019?
answer: -12.85
derivation: (9,654-11,077)/11,077
scale: percent
question: What is the percentage change in the deferred revenue balance from 2018 to 2019?
answer: -54.83
derivation: (449-994)/994
scale: percent
question: What is the percentage change in the anticipated future revenue value from shipments to customers in Japan from 2018 to 2019?
answer: -87.15
derivation: (78-607)/607
scale: percent
Year Ended
April 26, 2019
April 27, 2018
April 28, 2017
Intrinsic value of exercises
$ 31
$ 37
$ 26
Proceeds received from exercises
$ 25
$ 88
$ 60
Fair value of options vested
$ 2
$ 8
$ 15

text: Stock Options
text: Additional information related to our stock options is summarized below (in millions):

Questions:
question: Which years does the table provide Additional information related to the company's stock options?
answer: 2019
2018
2017
question: What was the intrinsic value of exercises in 2019?
answer: 31
scale: million
question: What were the Proceeds received from exercises in 2018?
answer: 88
scale: million
question: What was the change in Intrinsic value of exercises between 2017 and 2018?
answer: 11
derivation: 37-26
scale: million
question: How many years did Proceeds received from exercises exceed $50 million?
answer: 2
derivation: 2018##2017
question: What was the percentage change in the Fair value of options vested between 2018 and 2019?
answer: -75
derivation: (2-8)/8
scale: percent
Payments Due by Period (1, 2)
Total 
Less than One Year
1-3 Years
4-5 Years
Thereafter
(In thousands)
Inventory purchase commitments
$53,413
$53,413
$—
$—
$—
Indebtedness
$406,644
$2,993
$244,151
$159,500
$—
Finance lease obligations 
$4,597
$880
$1,715
$1,392
$610
Pension exit liabilities 
$2,169
$149
$329
$375
$1,316
Long-term operating leases 
$197,359
$25,662
$43,130
$30,080
$98,487
Total 
$664,182
$83,097
$289,325
$191,347
$100,413

text: Commitments and Significant Contractual Obligations
text: The following table summarizes our contractual obligations and commercial commitments at December 27, 2019:
text: (1) Interest on our various outstanding debt instruments is included in the above table, except for our Term Loan and ABL, which have floating interest rates. At December 27, 2019, we had borrowings of $238.1 million under our Term Loan and zero under our ABL. During the fiscal year ended December 27, 2019, the weighted average interest rate on our Term Loan was approximately 5.8% and we incurred interest expense of approximately $13.9 million. During the fiscal year ended December 27, 2019, the weighted average interest rate on our ABL borrowings was approximately 3.7% and we incurred interest expense of approximately $1.6 million. See Note 9 “Debt Obligations” to our consolidated financial statements for further information on our debt instruments.
text: (2) The table above excludes cash to be paid for income taxes, $14.7 million of total contingent earn-out liabilities related to certain acquisitions as of December 27, 2019 and approximately $5.3 million of lease payments related to long-term leases for several vehicles and a distribution and processing facility that do not commence until fiscal 2020.
text: We had outstanding letters of credit of approximately $16.6 million and $15.8 million at December 27, 2019 and December 28, 2018, respectively. Substantially all of our assets are pledged as collateral to secure our borrowings under our credit facilities.

Questions:
question: What is the total Inventory purchase commitments for all periods?
answer: $53,413
scale: thousand
question: What is the total Indebtedness for all periods?
answer: $406,644
scale: thousand
question: At December 27, 2019, what is the amount of borrowings under our Term Loan?
answer: $238.1 million
question: What is the difference in the total Indebtedness and total Inventory purchase commitments for all periods?
answer: 353231
derivation: 406,644-53,413
scale: thousand
question: What is the percentage constitution of total inventory purchase commitments among the total contractual obligations?
answer: 8.04
derivation: 53,413/664,182
scale: percent
question: Which component of contractual obligation has the highest total value?
answer: Indebtedness
derivation: 406,644> 197,359> 53,413> 4,597> 2,169
2019
2018
£m
£m
Balance at 1st January
9.8
9.6
Additional impairment
8.6
2.8
Amounts written off as uncollectable
(1.2)
(0.7)
Amounts recovered
(0.6)
(0.5)
Impairment losses reversed
(1.1)
(1.4)
Exchange differences
(0.7)
–
Balance at 31st December
14.8
9.8

text: The credit risk profile of trade receivables
text: Other than those disclosed above no other impairment losses on receivables and contract assets arising from contracts with customers have been recognised. Other than trade receivables there are no financial assets that are past their due date at 31st December 2019.
text: Payment terms across the Group vary dependent on the geographic location of each operating company. Payment is typically due between 20 and 90 days after the invoice is issued.
text: All contracts with customers do not contain a significant financing component.
text: The movement in the allowance for impairment in respect of trade receivables during the year was as follows:

Questions:
question: How do payment terms across the Group vary?
answer: dependent on the geographic location of each operating company
question: When is payment typically due for trade receivables?
answer: between 20 and 90 days after the invoice is issued
question: For which years was the movement in the allowance for impairment in respect of trade receivables during the year recorded?
answer: 2019
2018
question: In which year was the balance at 1st January larger?
answer: 2019
derivation: 9.8>9.6
question: What was the change in the balance at 31st December in 2019 from 2018?
answer: 5
derivation: 14.8-9.8
scale: million
question: What was the percentage change in the balance at 31st December in 2019 from 2018?
answer: 51.02
derivation: (14.8-9.8)/9.8
scale: percent
$ million
2019
Adjusted operating margin 1, 2 %
2018
Adjusted operating margin 1, 2 %
Networks & Security
73.9
23.1
56.4
19.8
Lifecycle Service Assurance
18.1
16.3
17.4
15.4
Connected Devices
9.5
13.1
10.5
13.3
Corporate
(8.6)
(7.2)
Adjusted operating profit1
92.9
18.4
77.1
16.2
Exceptional items
0.5
(13.1)
Acquisition related costs
(0.1)
–
Acquired intangible asset amortisation
(1.2)
(3.7)
Share-based payment
(3.5)
(2.8)
Reported operating profit
88.6
57.5

text: Operating profit
text: Notes
text: 1. Before exceptional items, acquisition related costs, acquired intangible asset amortisation and share-based payment amounting to $4.3 million in total (2018 $19.6 million).
text: 2. Adjusted operating profit as a percentage of revenue in the period.
text: Adjusted operating profit increased by $15.8 million or 20.5 per cent to $92.9 million in 2019, compared with $77.1 million in 2018. Adjusted operating margin increased by 2.2 per cent to 18.4 per cent, from 16.2 per cent in 2018.
text: Reported operating profit was up by $31.1 million or 54.1 per cent to $88.6 million (2018 $57.5 million). Total adjusting items were lower in 2019 at $4.3 million, compared to $19.6 million in 2018, mainly due to exceptional items totalling $13.1 million charged last year (see below).

Questions:
question: What was the adjusted operating margin in 2018?
answer: 16.2 per cent
question: What was the reported operating profit in 2019?
answer: $88.6 million
question: What were the items factored into the adjusted operating profit to derive the reported operating profit in 2019?
answer: Exceptional items
Acquisition related costs
Acquired intangible asset amortisation
Share-based payment
question: In which year was the adjusted operating margin for Lifecycle Service Assurance larger?
answer: 2019
derivation: 16.3%>15.4%
question: What was the change in operating profit under Networks & Security?
answer: 17.5
derivation: 73.9-56.4
scale: million
question: What was the percentage change in operating profit under Networks & Security?
answer: 31.03
derivation: (73.9-56.4)/56.4
scale: percent
(in thousands, except per share amounts)
Total Number of Shares Purchased (1) (2)
Average Price Paid per Share (1) (2)
Total Number of Shares Purchased as Part of Publicly Announced Share Repurchase Program (2)
Approximate Dollar Value of Shares That May Yet Be Purchased at Period End Under Publicly Announced Share Repurchased Programs (2)
October 1, 2019 - October 31, 2019
24
$71.89
12
$45,484
November 1, 2019 - November 30, 2019
108
$75.63
-
$45,484
December 1, 2019 - December 31, 2019
144
$76.64
-
$45,484
Total
276
$75.83

text: Issuer purchases of equity securities
text: Common stock repurchased in the three months ended December 31, 2019:
text: (1) Shares withheld to cover the option exercise price and tax withholding obligations under the net settlement provisions of our stock compensation awards have been included in these amounts.
text: (2) See "Stock repurchase program" in Item 7 of this Annual Report for additional information.

Questions:
question: What are the respective number of shares purchased in October and November 2019?
answer: 24
108
scale: thousand
question: What are the respective number of shares purchased in November and December 2019?
answer: 108
144
scale: thousand
question: What is the total number of shares purchased in the three months ended December 31, 2019?
answer: 276
scale: thousand
question: What is the average number of shares purchased in the three months ended December 31, 2019?
answer: 92
derivation: (24 + 108 + 144)/3 
scale: thousand
question: What percentage of the total shares purchased in the last three months of 2019 are bought in November?
answer: 39.13
derivation: 108/276 
scale: percent
question: What is the difference in the number of shares bought between October and November?
answer: 84
derivation: 108-24 
scale: thousand
Foreign exchange forward contracts
2019
< 1 year
1–3 years
Total
Notional Amount (USD millions)
517
176
693
Average forward rate (SEK/USD)
9.13
8.92
–

text: The Company is holding the following currency derivatives designated as hedging instruments:
text: Hedge ratio is 1:1 and changes in forward rate have been designated as the hedged risk. The change in the fair value of the hedging instrument is compared with the change in fair value of the hedged item, and the lower amount
is taken to OCI. If the change in fair value of the hedging instrument is higher, then the excess change in fair value is considered ineffective hedging and recorded in net foreign exchange gains and losses. Upon recognition of the
hedged net sales, the cumulative amount in hedging reserve is released in the OCI as a reclassification adjustment and recognized in net sales.
text: See note E1, “Equity” for movement in the cash flow hedge reserve. No hedged net sales were recognized in 2019, hence no amount was released from hedging reserve in the OCI. No hedge ineffectiveness was recognized in
the income statement in 2019.

Questions:
question: What is the hedge ratio?
answer: 1:1
question: Is hedge effectiveness recognized in 2019 income statement?
answer: No
question: What is the notional amount in USD for 2019 forward contracts that are less than 1 year?
answer: 517
scale: million
question: What is the difference in notional amount between those less than 1 year and 1-3 years?
answer: 341
derivation: 517-176
scale: million
question: What is the difference in average forward rate between those <1 and 1-3 years?
answer: 0.21
derivation: 9.13-8.92
question: What is the percentage constitution of the notional amount of foreign exchange forward contracts that are less than a year among the total notional amount?
answer: 74.6
derivation: 517/693
scale: percent
Year Ended
December 27, 2019
December 28, 2018
December 29, 2017
Weighted average expected term
0.5 years
0.5 years
0.4 years
Risk-free interest rate
2.3%
1.9%
1.1%
Dividend yield
0.0%
0.0%
0.0%
Volatility
56.0%
52.7%
47.8%

text: 2017 ESPP
text: In May 2017, we adopted the 2017 Employee Stock Purchase Plan (the “2017 ESPP”). The 2017 ESPP grants employees the ability to designate a portion of their base-pay to purchase ordinary shares at a price equal to 85% of the fair market value of our ordinary shares on the first or last day of each 6 month purchase period. Purchase periods begin on January 1 or July 1 and end on June 30 or December 31, or the next business day if such date is not a business day. Shares are purchased on the last day of the purchase period.
text: The table below sets forth the weighted average assumptions used to measure the fair value of 2017 ESPP rights:
text: We recognize share-based compensation expense associated with the 2017 ESPP over the duration of the purchase period. We recognized$0.3 million, $0.3 million, and $0.1 million of share-based compensation expense associated with the 2017 ESPP during 2019, 2018, and 2017, respectively. At December 27, 2019, there was no unrecognized share-based compensation expense.

Questions:
question: When did the company adopt the 2017 Employee Stock Purchase Plan (the “2017 ESPP”)?
answer: May 2017
question: When are shares purchased?
answer: Shares are purchased on the last day of the purchase period.
question: When do the purchase periods begin?
answer: January 1 or July 1
question: How many weighted average assumptions are used to measure the fair value of 2017 ESPP rights?
answer: 4
derivation: Weighted average expected term##Risk-free interest rate##Dividend yield##Volatility
question: What was the average risk-free interest rate for the 3 year period from 2017 to 2019?
answer: 1.77
derivation: (2.3%+1.9%+1.1%)/(2019-2017+1)
scale: percent
question: How many years during the 3 year period had volatility of greater than 50.0%?
answer: 2
derivation: 56.0%##52.7%
Year ended March 31,
(Unfavorable) favorable
(Dollars in thousands)
2018
2017
$
%
Other (income) expenses
Interest (income)
$(98)
$(162)
$(64)
(39.5)%
Interest expense
10
15
5
33.3%
Other (income) expense, net
(391)
224
615
nm
Total other (income) expense, net
$(479)
$77
$556
nm

text: Other (Income) Expenses
text: nm - not meaningful
text: Interest income. Interest income decreased $64,000 during fiscal 2018 as compared to fiscal 2017.
text: Interest expense. Interest expense consists of costs associated with capital leases and loans on corporate-owned life insurance policies.
text: Other (income) expense, net. Other (income) expense, net consists mainly of the impact of foreign currency due to movement of European and Asian currencies against the US dollar.

Questions:
question: What was the decrease in interest income in fiscal 2018?
answer: $64,000
question: What are the interest expense comprised of?
answer: costs associated with capital leases and loans on corporate-owned life insurance policies.
question: What is the interest income in 2018?
answer: $(98)
scale: thousand
question: What is  Interest (income) expressed as a percentage of  Total other (income) expense, net?
answer: 20.46
derivation: -98/-479
scale: percent
question: What is the average interest expense for 2017 and 2018?
answer: 12.5
derivation: (10 + 15) / 2
scale: thousand
question: What is the average Other (income) expense, net for 2017 and 2018?
answer: -83.5
derivation: (-391 + 224) / 2
scale: thousand