next-tat/TAT-QA huggingface dataset:
(In thousands)
2019
2018
Raw materials
$36,987
$45,333
Work in process
1,085
1,638
Finished goods
60,233
52,877
Total Inventory, net
$98,305
$99,848

text: Note 7 – Inventory
text: As of December 31, 2019 and 2018, inventory was comprised of the following:
text: Inventory reserves are established for estimated excess and obsolete inventory equal to the difference between the cost of the inventory and the estimated net realizable value of the inventory based on estimated reserve percentages, which consider historical usage, known trends, inventory age and market conditions. As of December 31, 2019 and 2018, our inventory reserve was $34.1 million and $30.0 million, respectively.

Questions:
question: What was the inventory reserve in 2019?
answer: $34.1 million
question: What was the Raw material inventory in 2019?
answer: 36,987
scale: thousand
question: What was the work in process inventory in 2019?
answer: 1,085
scale: thousand
question: What was the change in raw materials between 2018 and 2019?
answer: -8346
derivation: $36,987-$45,333
scale: thousand
question: What was the change in finished goods between 2018 and 2019?
answer: 7356
derivation: 60,233-52,877
scale: thousand
question: What was the percentage change in net total inventory between 2018 and 2019?
answer: -1.55
derivation: ($98,305-$99,848)/$99,848
scale: percent
($ in millions)
At December 31, 2018:
Investment in Sales-Type and Direct Financing Leases
Commercial Financing Receivables
Client Loan and Installment Payment Receivables/ (Loans)
Total
Financing receivables, gross
$6,846
$11,889
$13,614
$32,348
Unearned income
(526)
(37)
(632)
(1,195)
Recorded investment
$6,320
$11,852
$12,981
$31,153
Allowance for credit losses
(99)
(13)
(179)
(292)
Unguaranteed residual value
589
—
—
589
Guaranteed residual value
85
—
—
85
Total financing receivables, net
$6,895
$11,838
$12,802
$31,536
Current portion
$2,834
$11,838
$ 7,716
$22,388
Noncurrent portion
$4,061
$    —
$ 5,086
$ 9,148

text: The company utilizes certain of its financing receivables as collateral for nonrecourse borrowings. Financing receivables pledged as collateral for borrowings were $1,062 million and $710 million at December 31, 2019 and 2018, respectively. These borrowings are included in note P, “Borrowings.”
text: The company did not have any financing receivables held for sale as of December 31, 2019 and 2018.

Questions:
question: How does the company utilizes certain of its financing receivables?
answer: The company utilizes certain of its financing receivables as collateral for nonrecourse borrowings.
question: What amount of Financing receivables pledged as collateral for borrowings in December 2018 and 2019?
answer: Financing receivables pledged as collateral for borrowings were $1,062 million and $710 million at December 31, 2019 and 2018, respectively.
question: Did the company have any financing receivables held for sale as of December 2019 and 2018.
answer: The company did not have any financing receivables held for sale as of December 31, 2019 and 2018.
question: What is the average Unearned income?
answer: 398.33
derivation: 1,195 / 3
scale: million
question: What is the average Recorded investment?
answer: 10384.33
derivation: 31,153 / 3
scale: million
question: How much is the difference between Unguaranteed and Guaranteed residual value of Investment in Sales-Type and Direct Financing Leases?
answer: 504
derivation: 589-85 
scale: million
December 31,
2019
2018
(in thousands)
Cash & cash equivalents
$18,304
$32,011
Short term investments
17,779
11,303
$36,083
$43,314

text: Liquidity and Capital Resources
text: As of December 31, 2019, we had approximately $36.1 million of cash and cash equivalents and short term investments, a decrease of approximately $7.2 million from $43.3 million in 2018.
text: During 2018, our board of directors authorized the repurchase of issued and outstanding shares of our common stock having an aggregate value of up to $10.0 million pursuant to a share repurchase program. No shares were repurchased under this program in 2019, As of December 31, 2019, we have a remaining authorization of $8.0 million for future share repurchases.
text: In 2013, we made a $5 million commitment to invest in an innovation fund through JVP to invest in early-stage cyber technology companies. We sold our interest in JVP in December 2019. There is no further commitment remaining.

Questions:
question: What is the amount of cash and cash equivalents had by the company in 2018 and 2019 respectively?
answer: $43.3 million
$36.1 million
question: What is the amount authorised to be spent on the share repurchase program in 2018 and what is the remaining authorization in 2019?
answer: $10.0 million
$8.0 million
question: What are the respective cash & cash equivalents held by the company in 2018 and 2019 respectively?
answer: 32,011
18,304
scale: thousand
question: What is the percentage change in the cash & cash equivalents between 2018 and 2019?
answer: -42.82
derivation: (18,304 - 32,011)/32,011 
scale: percent
question: What is the percentage change in the short term investments between 2018 and 2019?
answer: 57.29
derivation: (17,779 - 11,303)/11,303 
scale: percent
question: What is the percentage change in the total liquidity and capital resources between 2018 and 2019?
answer: -16.69
derivation: (36,083 - 43,314)/43,314 
scale: percent
Year Ended December 31
2019
2018
2017
Beginning balance of unrecognized tax benefits
$469
$326
$250
Additions for current year tax positions
106
142
65
Reductions for prior year tax positions
—
(14)
—
Ending balance (excluding interest and penalties)
575
454
315
Interest and penalties
22
15
11
Total
$597
$469
$326

text: The following changes occurred in the amount of unrecognized tax benefits (in thousands):
text: For the year ended December 31, 2019, 2018 and 2017, the Company has recorded income tax expense of $128,000, $143,000 and $76,000, respectively, related to uncertain tax positions. The Company’s policy is to recognize potential interest and penalties related to unrecognized tax benefits associated with uncertain tax positions, if any, in the income tax provision. At December 31, 2019, 2018 and 2017, the Company had accrued $22,000, $15,000 and $11,000 in interest and penalties related to uncertain tax positions.
text: The Company is subject to taxation in the United States and various states along with other foreign countries. The Company has not been notified that it is under audit by the IRS or any state or foreign taxing authorities, however, due to the presence of NOL carryforwards, all of the income tax years remain open for examination in each of these jurisdictions. The Company does not believe that it is reasonably possible that the total amount of unrecognized tax benefits will significantly increase or decrease in the next 12 months.
text: Deferred income taxes have not been provided for undistributed earnings of the Company’s consolidated foreign subsidiaries because of the Company’s intent to reinvest such earnings indefinitely in active foreign operations. At December 31, 2019, the Company had $0.6 million in unremitted earnings that were permanently reinvested related to its consolidated foreign subsidiaries.

Questions:
question: What was the income tax expense in 2019,2018 and 2017 respectively?
answer: $128,000
$143,000
$76,000
question: What was the accrued interest and penalties in 2019, 2018 and 2017 respectively?
answer: $22,000
$15,000
$11,000
question: What was the company's unremitted earnings in 2019?
answer: $0.6 million
question: What was the change in the Additions for current year tax positions from 2018 to 2019?
answer: -36
derivation: 106 - 142
scale: thousand
question: In which year was Interest and penalties less than 20 thousand?
answer: 2018
2017
derivation: locate and analyze Interest and Penalties in row 8
question: What was the average Reductions for prior year tax positions from 2017-2019?
answer: -4.67
derivation: -(0 + 14 + 0) / 3
scale: thousand
2019
2018
£m
£m
Performance Share Plan
5.1
4.7
Employee Share Ownership Plan
1.1
1.0
Total expense recognised in Income Statement
6.2
5.7

text: Share-based payments
text: Disclosures of the share-based payments offered to employees are set out below. More detail on each scheme is given in the Annual Report on Remuneration 2019 on pages 102 to 132. The charge to the Income Statement in respect of share-based payments is made up as follows:

Questions:
question: Where can more details on each shares payment scheme be found?
answer: in the Annual Report on Remuneration 2019 on pages 102 to 132
question: What is the total expense recognised in Income Statement in 2019?
answer: 6.2
scale: million
question: What are the types of plans for the share-based payments offered to employees in the table?
answer: Performance Share Plan
Employee Share Ownership Plan
question: In which year was the amount for Employee Share Ownership Plan value larger?
answer: 2019
derivation: 1.1>1.0
question: What was the change in the amount for Performance Share Plan from 2018 to 2019?
answer: 0.4
derivation: 5.1-4.7
scale: million
question: What was the percentage change in the amount for Performance Share Plan from 2018 to 2019?
answer: 8.51
derivation: (5.1-4.7)/4.7
scale: percent
June 30,
2019
March 31,
2019
December 31,
2018
September 30,
2018
Net revenues 
$252,359
$250,864
$252,680
$239,886
Gross profit 
$138,946
$138,919
$141,299
$132,071
Net (loss) income (1) 
$(17,055)
$(6,932)
$7,199
$(9,065)
Net (loss) income per share – basic 
$(0.14)
$(0.06)
$0.06
$(0.08)
Net (loss) income per share – diluted 
$(0.14)
$(0.06)
$0.06
$(0.08)

text: Quarterly Financial Data (Unaudited)
text: Quarterly results for the years ended June 30, 2019 and 2018 are as follow (in thousands, except per share amounts).

Questions:
question: What was the net revenues in September 30, 2018?
answer: 239,886
scale: thousand
question: What was the gross profit in June 30, 2019?
answer: 138,946
scale: thousand
question: What was the basic net (loss) income per share in December 31, 2018?
answer: 0.06
question: What was the change in the net revenues between March 31 and June 30, 2019?
answer: 1495
derivation: 252,359-250,864
scale: thousand
question: What was the change in the gross profit between September 30 and December 31, 2018?
answer: 9228
derivation: 141,299-132,071
scale: thousand
question: What was the percentage change in the net (loss) income between March 31 and June 30, 2019?
answer: 146.03
derivation: (-17,055+6,932)/-6,932
scale: percent
2019
(Restated) 2018
£m
£m
Trade receivables
27.0
28.8
Less: provision for impairment of trade receivables
(2.1)
(3.4)
Net trade receivables
24.9
25.4
Accrued income
28.0
26.7
Prepayments
2.9
2.7
Other receivables
0.3
0.1
Total
56.1
54.9

text: 18. Trade and other receivables
text: Following the application of IFRS 16, trade and other receivables have been restated (note 2).
text: Trade receivables are amounts due from customers for services performed in the ordinary course of business. They are generally due for settlement within 30 days and therefore are all classified as current. Trade receivables are recognised initially at the amount of consideration that is unconditional and has been invoiced at the reporting date. The Group holds the trade receivables with the objective to collect the contractual cash flows and therefore measures them subsequently at amortised cost using the effective interest method.
text: Accrued income relates to the Group’s rights to consideration for services provided but not invoiced at the reporting date. Accrued income is transferred to receivables when invoiced. Other receivables include £0.1m due from Auto Trader Auto Stock Limited, a related party (note 34).
text: Exposure credit risk and expected credit losses relating to trade and other receivables are disclosed in note 31.

Questions:
question: What are trade receivables?
answer: amounts due from customers for services performed in the ordinary course of business
question: What does accrued income relate to?
answer: the Group’s rights to consideration for services provided but not invoiced at the reporting date.
question: What are the components factored in when calculating the net trade receivables?
answer: Trade receivables
Less: provision for impairment of trade receivables
question: What was the change in Prepayments in 2019 from 2018?
answer: 0.2
derivation: 2.9-2.7
scale: million
question: What was the percentage change in Prepayments in 2019 from 2018?
answer: 7.41
derivation: (2.9-2.7)/2.7
scale: percent
question: In which year was total trade receivables larger?
answer: 2019
derivation: 56.1>54.9
Fiscal Year Ended
December 28, 2019
December 29, 2018
December 30, 2017
(Dollars in thousands)
Provision (benefit) for income taxes
$11,717
$(70,109)
$1,293
Effective tax rate
22.9 %
(206.6) %
3.1 %

text: Provision (Benefit) For Income Taxes
text: Provision for income taxes reflects the tax provision on our operations in foreign and U.S. jurisdictions, offset by tax benefits from a partial release of valuation allowance against U.S. federal and state deferred tax assets ("DTAs") and from lapsing of statute of limitations related to uncertain tax positions in foreign jurisdictions. As of December 28, 2019, we maintain a valuation allowance of $36.6 million primarily against our California deferred tax assets and foreign tax credits, due to uncertainty about the future realization of these assets.
text: The benefit for income taxes in fiscal 2018 includes a $75.8 million reduction to our valuation allowance on our U.S. deferred tax assets as sufficient positive evidence existed to support the realization of such DTAs. The effective tax rate in fiscal 2018 also benefited from a lower statutory tax rate in the U.S., partially offset by higher profits in foreign jurisdictions.
text: Our effective tax rate may vary from period to period based on changes in estimated taxable income or loss by jurisdiction, changes to the valuation allowance, changes to U.S. federal, state or foreign tax laws, future expansion into areas with varying country, state, and local income tax rates, deductibility of certain costs and expenses by jurisdiction.

Questions:
question: How much is the valuation allowance maintained As of December 28, 2019?
answer: $36.6 million
question: What is the change in Provision (benefit) for income taxes from Fiscal Year Ended December 28, 2019 to December 29, 2018?
answer: 81826
derivation: 11,717-(70,109)
scale: thousand
question: What is the change in Provision (benefit) for income taxes from Fiscal Year Ended December 29, 2018 to December 30, 2017?
answer: -71402
derivation: (70,109)-1,293
scale: thousand
question: In which year was Provision (benefit) for income taxes greater than 10,000 thousands?
answer: 2019
derivation: locate and analyze Provision (benefit) for income taxes in row 4
question: What was the Effective tax rate in 2018 and 2017 respectively?
answer: (206.6) %
3.1 %
scale: percent
question: What was the reduction to valuation allowance in 2018?
answer: $75.8 million
Fiscal
2019
2018
2017
(in millions)
Basic
338
350
355
Dilutive impact of share-based compensation arrangements
2
3
3
Diluted
340
353
358

text: 16. Earnings Per Share
text: The weighted-average number of shares outstanding used in the computations of basic and diluted earnings per share were as follows:

Questions:
question: In which years was the basic earnings per share calculated for?
answer: 2019
2018
2017
question: What was used in the computations of basic and diluted earnings per share?
answer: The weighted-average number of shares outstanding
question: What are the types of earnings per share analyzed in the table?
answer: Basic
Diluted
question: Which year was the basic earnings per share the largest?
answer: 2017
derivation: 355>350>338
question: What was the change in Dilutive impact of share-based compensation arrangements in 2019 from 2018?
answer: -1
derivation: 2-3
scale: million
question: What was the percentage change in Dilutive impact of share-based compensation arrangements in 2019 from 2018?
answer: -33.33
derivation: (2-3)/3
scale: percent
Payments Due by Period
Total
Less than 1 year
1-3 years
3-5 years
More than 5 years
Senior Notes(1)
$4,552
$1,372
$1,686
$98
$1,396
Note payable to Dell(2)
283
5
278
—
—
Term Loan(3)
1,500
1,500
—
—
—
Future Lease Commitments(4)
1,202
144
268
178
612
Purchase obligations
255
168
87
—
—
Tax obligations(5)
545
53
104
227
161
Asset Retirement Obligations
13
1
5
2
5
Sub-Total
8,350
3,243
2,428
505
2,174
Uncertain tax positions(6)
479
Total
$8,829

text: Contractual Obligations
text: We have various contractual obligations impacting our liquidity. The following represents our contractual obligations as of January 31, 2020 (table in millions)
text: (1) Consists of principal and interest payments on the Senior Notes. Refer to “Liquidity and Capital Resources” for a discussion of the public debt offering we issued on August 21, 2017 in the aggregate principal amount of $4.0 billion.
text: (2) Consists of principal and interest payments on the outstanding note payable to Dell. Refer to “Liquidity and Capital Resources” for a discussion of the $270 million note payable we entered into with Dell per the note exchange agreement from January 21, 2014.
text: (3) Consists of the principal on the senior unsecured term loan facility (the “Term Loan”). The Term Loan can be repaid any time before October 2020. Given the variable nature of the interest on the Term Loan, including when the repayment will take place, interest payments have been excluded from the table above.
text: (4) Consists of both operating and finance leases. Our operating leases are primarily for facility space and land. Amounts in the table above exclude legally binding minimum lease payments for leases signed but not yet commenced of $361 million, as well as expected sublease income.
text: (5) Consists of future cash payments related to the Transition Tax.
text: (6) As of January 31, 2020, we had $479 million of gross uncertain tax benefits, excluding interest and penalties. The timing of future payments relating to these obligations is highly uncertain. Based on the timing and outcome of examinations of our subsidiaries, the result of the expiration of statutes of limitations for specific jurisdictions or the timing and result of ruling requests from taxing authorities, it is reasonably possible that within the next 12 months total unrecognized tax benefits could be potentially reduced by approximately $17 million.

Questions:
question: What did the Senior Notes consists of?
answer: principal and interest payments on the Senior Notes
question: What was the total term loans?
answer: 1,500
scale: million
question: What were the total future lease commitments?
answer: 1,202
scale: million
question: What was the difference between total Senior Notes and total Notes payable to Dell?
answer: 4269
derivation: 4,552-283
scale: million
question: What was the difference between total Term Loans and total Future Lease Commitments?
answer: 298
derivation: 1,500-1,202
scale: million
question: What was the total Senior Notes as a percentage of total contractual obligations?
answer: 51.56
derivation: 4,552/8,829
scale: percent
Years ended August 31,
2020 Guidelines(1)
2019
2018
Average cost of indebtedness(2)
4.4%
4.4%
4.4%
Fixed rate indebtedness(3)
78%
78%
72%
Average term: long-term debt (in years)
3.9
4.9
5.7
Net indebtedness(4) / adjusted EBITDA(5)
2.3
2.6
3.8
Adjusted EBITDA / financial expense(5)
N/A (6)
6.3
5.4

text: 8.1 CAPITAL STRUCTURE
text: The table below summarizes debt-related financial ratios over the last two fiscal years and the fiscal 2020 guidelines:
text: (1) Based on mid-range guidelines. (2) Excludes amortization of deferred transaction costs and commitment fees but includes the impact of interest rate swaps. Potential variations in the US LIBOR rates in fiscal 2020 have not been considered. (3) Taking into consideration the interest rate swaps in effect at the end of each fiscal year. (4) Net indebtedness is defined as the aggregate of bank indebtedness, balance due on business combinations and principal on long-term debt, less cash and cash equivalents. (5) Adjusted EBITDA and financial expense for fiscal year 2018 include only eight months of MetroCast operations. (6) Specific guidance on interest coverage cannot be provided given that financial expense guidance is not provided.
text: In fiscal 2019, the financial leverage ratio relating to net indebtedness over adjusted EBITDA has declined as a result of the sale of Cogeco Peer 1 on April 30, 2019 for a net cash consideration of $720 million and to a lesser extent growing adjusted EBITDA and a reduction in net indebtedness from generated free cash flow. In fiscal 2020, prior to the adoption of IFRS 16 Leases, the financial leverage ratio relating to net indebtedness over adjusted EBITDA should continue to decline as a result of growing adjusted EBITDA and a projected reduction in net indebtedness from generated free cash flow.

Questions:
question: How many months of MetroCast operations are included in 2018?
answer: eight months
question: How much was the net cash consideration in 2019?
answer: $720 million
question: What is the company's projection for EBITDA?
answer: EBITDA should continue to decline as a result of growing adjusted EBITDA and a projected reduction in net indebtedness from generated free cash flow.
question: What was the increase / (decrease) in the Average cost of indebtedness from 2019 to 2020?
answer: 0
derivation: 4.4% - 4.4%
scale: percent
question: What was the average Net indebtedness / adjusted EBITDA for Fiscal 2019 and 2020?
answer: 2.45
derivation: (2.3 + 2.6) / 2
scale: percent
question: What was the increase / (decrease) in the Average term: long-term debt (in years) from 2018 to 2019?
answer: -0.8
derivation: 4.9 - 5.7
scale: percent
Number of awards
Weighted average contractual life
Aggregate fair value
RCUs
Outstanding as of January 1, 2018
67,475
1.38
1,429
Granted during the year
24,608
—
576
Vested during the year
(16,999)
—
(410)
Outstanding as of December 31, 2018
75,084
1.25
1,595
Granted during the year
26,308
—
605
Vested during the year
(24,925)
—
(410)
Outstanding as of December 31, 2019
76,467
1.26
1,790
PCUs
Outstanding as of January 1, 2018
67,475
1.38
1,429
Granted during the year
24,608
—
576
Vested during the year
(16,999)
—
(410)
Outstanding as of December 31, 2018
75,084
1.25
1,595
Granted during the year
26,308
—
605
Vested during the year
(24,925)
—
(410)
Outstanding as of December 31, 2019
76,467
1.26
1,790

text: GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
text: 22. Share-Based Compensation (Continued)
text: Movement in RCUs and PCUs
text: The summary of RCUs and PCUs is presented below:
text: The total expense recognized in respect of share-based compensation for the year ended December 31, 2019 was $5,107 (December 31, 2018: $5,216 and December 31, 2017: $4,565). The total accrued cash distribution as of December 31, 2019 is $1,176 (December 31, 2018: $1,265).

Questions:
question: What are the two components of the share based compensation?
answer: RCUs
PCUs
question: What was the number of awards of RCUs granted during the year in 2018?
answer: 24,608
scale: thousand
question: What was the number of awards of PCUs granted during the year in 2018?
answer: 24,608
scale: thousand
question: In which year was the total expense recognized in respect of share-based compensation the highest?
answer: 2018
derivation: $5,216 > $5,107 > $4,565
question: What was the change in total expense recognized from 2017 to 2018?
answer: 651
derivation: $5,216 - $4,565 
scale: thousand
question: What was the percentage change in total accrued cash distribution from 2018 to 2019?
answer: -7.04
derivation: ($1,176- $1,265)/$1,265 
scale: percent