next-tat/TAT-QA huggingface dataset:
Year Ended December 31,
Change
2018
2017
$
%
(dollars in thousands)
Other expense, net
$ 4,628
$ 302
$ 4,326
1432.5%
% of revenue
3%
0%

text: Other Expense, Net
text: Other expense, net decreased by $4.3 million in 2018 compared to 2017 as a result of an increase in interest expense of $5.7 million related to interest expense due under our convertible senior notes. This increase was offset by an increase of $1.4 million of interest income earned on our short-term investments.

Questions:
question: What was the decrease in the Other expense, net in 2018?
answer: $4.3 million
question: What was the Other expense, net in 2018 and 2017 respectively?
answer: 4,628
302
scale: thousand
question: What is the % change for other expense, net between 2017 and 2018?
answer: 1432.5
scale: percent
question: What is the average Other expense, net for 2017 and 2018?
answer: 2465
derivation: (4,628 + 302) / 2
scale: thousand
question: In which year was Other expense, net less than 1,000 thousands?
answer: 2017
derivation: locate and analyze other expense in row 4
question: What is the change in the % of revenue between 2017 and 2018?
answer: 3
derivation: 3 - 0
scale: percent
June 1, 2019
June 2, 2018
Land and improvements
$93,046
$90,757
Buildings and improvements
370,451
360,030
Machinery and equipment
496,166
478,997
Construction-in-progress
52,551
9,307
1,012,214
939,091
Less: accumulated depreciation
555,920
513,707
$456,294
$425,384

text: 6. Property, Plant and Equipment
text: Property, plant and equipment consisted of the following (in thousands):
text: Depreciation expense was $51.7 million, $51.1 million and $48.8 million in fiscal years 2019, 2018 and 2017, respectively.
text: The Company maintains insurance for both property damage and business interruption relating to catastrophic events, such as fires. Insurance recoveries received for property damage and business interruption in excess of the net book value of damaged assets, clean-up and demolition costs, and post-event costs are recognized as income in the period received or committed when all contingencies associated with the recoveries are resolved. Gains on insurance recoveries related to business interruption are recorded within “Cost of sales” and any gains or losses related to property damage are recorded within “Other income (expense).” Insurance recoveries related to business interruption are classified as operating cash flows and recoveries related to property damage are classified as investing cash flows in the statement of cash flows. Insurance claims incurred or finalized during the fiscal years ended 2019, 2018, and 2017 did not have a material affect on the Company's consolidated financial statements.

Questions:
question: What was the depreciation expense in 2019?
answer: $51.7 million
question: What is the average building and improvements?
answer: 365240.5
derivation: (370,451 + 360,030) / 2
scale: thousand
question: What is the percentage increase in accumulated depreciation from 2018 to 2019?
answer: 8.22
derivation: 555,920 / 513,707 - 1
scale: percent
question: What is the average land and improvements?
answer: 91901.5
derivation: (93,046 + 90,757) / 2
scale: thousand
question: What are insurance recoveries related to business interruption classified as?
answer: operating cash flows
question: What are recoveries related to property damage are classified as?
answer: investing cash flows
Year Ended December 31,
2019
2018
2017
Cash flows from operating activities
$47,112
$60,710
$57,187
Cash flows used in investing activities
(73,414)
(13,377)
(168,795)
Cash flows (used in) / from financing activities
(130)
2,399
67,303

text: Historical Cash Flows
text: The following table sets forth our cash flows for the periods indicated (in thousands):

Questions:
question: Which years does the table provide information for the company's cash flows for?
answer: 2019
2018
2017
question: What was the Cash flows (used in) / from financing activities in 2019?
answer: (130)
scale: thousand
question: What was the Cash flows used in investing activities in 2017
answer: (168,795)
scale: thousand
question: What was the change in Cash flows from operating activities between 2017 and 2018?
answer: 3523
derivation: 60,710-57,187
scale: thousand
question: What was the sum of cash flows in 2019?
answer: -26432
derivation: 47,112-73,414-130
scale: thousand
question: What was the percentage change in the Cash flows (used in) / from financing activities between 2017 and 2018?
answer: -96.44
derivation: (2,399-67,303)/67,303
scale: percent
Year Ended December 31,
2019
2018
2017
United States
$70,702
$56,839
$60,723
China
159,637
98,906
148,431
Germany
57,657
58,711
57,051
Thailand
82,413
68,217
48,016
Other
94,254
57,218
70,945
Total revenue
$464,663
339,891
385,166

text: Operating Segments
text: The Company operates as one operating segment. Operating segments are defined as components of an enterprise for which separate financial information is regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s chief executive officer, in deciding how to allocate resources and assess performance. The Company’s CODM evaluates the Company’s financial information for the purpose of allocating resources and assessing the performance of these resources on a consolidated basis. The Company operates as one operating segment. Operating segments are defined as components of an enterprise for which separate financial information is regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s chief executive officer, in deciding how to allocate resources and assess performance. The Company’s CODM evaluates the Company’s financial information for the purpose of allocating resources and assessing the performance of these resources on a consolidated basis.
text: Revenue by geographic country, based on ship-to destinations, which in certain instances may be the location of a contract manufacturer rather than the Company’s end customer, was as follows (in thousands):

Questions:
question: What are operating segments?
answer: Operating segments are defined as components of an enterprise for which separate financial information is regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s chief executive officer, in deciding how to allocate resources and assess performance.
question: Who evaluates the Company's financial information for the purpose of resource allocation and performance assessment?
answer: The Company’s CODM
chief operating decision maker (“CODM”)
question: What is revenue by geographic country based on?
answer: ship-to destinations
question: What is the proportion of revenue by US in the total revenue in 2019? 
answer: 0.15
derivation: 70,702/464,663
question: What is the percentage increase in revenue by China from 2018 to 2019?
answer: 61.4
derivation: (159,637-98,906)/98,906
scale: percent
question: What is the total revenue in Thailand between 2017 to 2019?
answer: 198646
derivation: 82,413+68,217+48,016
scale: thousand
Years Ended December 31,
2018
2017
Expected life (years)
5.6
5.6
Risk-free interest rate
2.7%
1.9%
Expected volatility
26.4%
29.4%
Expected dividend yield
—
—

text: The fair value of options granted in the respective fiscal years are estimated on the date of grant using the Black-Scholes optionpricing model, acceptable under ASC 718, with the following weighted average assumptions:
text: Expected volatilities are based on the Company’s historical common stock volatility, derived from historical stock price data for periods commensurate with the options’ expected life. The expected life of options granted represents the period of time options are expected to be outstanding, based primarily on historical employee option exercise behavior. The risk-free interest rate is based on the implied yield currently available on U.S. Treasury zero coupon bonds issued with a term equal to the expected life at the date of grant of the options. The expected dividend yield is zero, as the Company has historically paid no dividends and does not anticipate dividends to be paid in the future.

Questions:
question: What was the expected life (years) in 2018?
answer: 5.6
question: What was the risk-free interest rate in 2018?
answer: 2.7%
question: What was the risk-free interest rate in 2017?
answer: 1.9%
question: What was the change in Expected volatility between 2017 and 2018?
answer: -3
derivation: 26.4%-29.4%
scale: percent
question: What was the change in risk-free interest rate between 2017 and 2018?
answer: 0.8
derivation: 2.7%-1.9%
scale: percent
question: What was risk-free interest rate in 2017 as a percentage of risk-free interest rate in 2018?
answer: 70.37
derivation: 1.9/2.7
scale: percent
For the year ended December 31,
2017
2018
2019
Brokers’ commissions on revenue
6,456
7,555
7,527
Bunkers’ consumption and other voyage expenses
8,948
12,819
16,245
Total
15,404
20,374
23,772

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: 16. Voyage Expenses and Commissions
text: An analysis of voyage expenses and commissions is as follows:
text: Bunkers’ consumption and other voyage expenses represents mainly bunkers consumed during vessels’ unemployment and off-hire.

Questions:
question: What does bunkers’ consumption and other voyage expenses represent?
answer: Bunkers’ consumption and other voyage expenses represents mainly bunkers consumed during vessels’ unemployment and off-hire.
question: In which year was the voyage expenses and commissions recorded for?
answer: 2017
2018
2019
question: What was the brokers' commissions on revenue in 2017?
answer: 6,456
scale: thousand
question: In which year was the brokers' commissions on revenue the highest?
answer: 2018
derivation: 7,555 > 7,527 > 6,456
question: What was the change in bunkers’ consumption and other voyage expenses from 2018 to 2019?
answer: 3426
derivation: 16,245 - 12,819 
scale: thousand
question: What was the percentage change in total voyage expenses and commissions from 2017 to 2018?
answer: 32.26
derivation: (20,374 - 15,404)/15,404 
scale: percent
Year Ended December 31,
(In millions)
2019
2018
2017
Net sales(1)(2):
North America(3)
$ 2,828.1
$ 2,734.9
$ 2,591.5
EMEA
1,010.4
1,038.5
983.4
South America
233.8
229.5
231.8
APAC
718.8
729.8
654.9
Total
$ 4,791.1
$ 4,732.7
$ 4,461.6
Total long-lived assets(1)(2)(4):
North America
$ 919.3
$ 740.5
EMEA
345.8
270.5
South America
50.2
52.8
APAC
248.3
211.8
Total
$ 1,563.6
$ 1,275.6

text: Geographic Information
text: (1) Amounts by geography have been reclassified from prior year disclosure to reflect adjustments to our regional operating model. As of January 1, 2019, our geographic regions are: North America, EMEA, South America and APAC. Our North American operations include Canada, the United States, Mexico and Central America. Mexico and Central America were previously included in Latin America. Refer to Note 2, "Summary of Significant Accounting Policies and Recently Issued Accounting Standards," of the Notes to Consolidated Financial Statements.
text: (2) No non-U.S. country accounted for net sales in excess of 10% of consolidated net sales for the years ended December 31, 2019, 2018 or 2017 or long-lived assets in excess of 10% of consolidated long-lived assets at December 31, 2019 and 2018.
text: (3) Net sales to external customers within the U.S. were $2,501.6 million, $2,402.3 million and $2,280.0 million for the years ended December 31, 2019, 2018 and 2017, respectively.
text: (4) Total long-lived assets represent total assets excluding total current assets, deferred tax assets, goodwill, intangible assets and non-current assets held for sale.

Questions:
question: What was the change in geographic classification?
answer: Our North American operations include Canada, the United States, Mexico and Central America. Mexico and Central America were previously included in Latin America.
question: What are total long-lived assets?
answer: Total long-lived assets represent total assets excluding total current assets, deferred tax assets, goodwill, intangible assets and non-current assets held for sale.
question: What years are included in the table?
answer: 2019
2018
2017
question: What was the net sales to customers in North America who are not in the U.S. in 2019?
answer: 326.5
derivation: 2,828.1-2,501.6
scale: million
question: What is the growth rate of total net sales for 2018 to 2019?
answer: 1.23
derivation: (4,791.1-4,732.7)/4,732.7
scale: percent
question: What is of Total long-lived assets for North America expressed as a percentage to all other regions in 2019?
answer: 142.68
derivation: 919.3/(1,563.6-919.3)
scale: percent
52 weeks ended
52 weeks ended
30 Mar 2019
31 Mar 2018
£m
£m
Sale of goods:
– Hovis
0.3
0.3
Sale of services:
– Hovis
0.7
0.7
– Nissin
0.2
0.1
Total sales
1.2
1.1
Purchase of goods:
– Hovis
6.3
11.9
– Nissin
10.3
7.1
Total purchases
16.6
19.0

text: The Group’s associates are considered to be related parties.
text: As at 30 March 2019 the following are also considered to be related parties under the Listing Rules due to their shareholdings exceeding 10% of the Group’s total issued share capital:
text: − Nissin Foods Holdings Co., Ltd. (“Nissin”) is considered to be a related party to the Group by virtue of its 19.47% (2017/18: 19.57%) equity shareholding in Premier Foods plc and of its power to appoint a member to the Board of directors.− Oasis Management Company Ltd (“Oasis”) is considered to be a related party to the Group by virtue of its 11.99% (2017/18: 9.01%) equity shareholding in Premier Foods plc and of its power to appoint a member to the Board of directors.
text: − Paulson Investment Company LLC, (“Paulson”) is considered to be a related party to the Group by virtue of its 11.98% (2017/18: 7.39%) equity shareholding in Premier Foods plc and of its power to appoint a member to the Board of directors.
text: As at 30 March 2019 the Group had outstanding balances with Hovis. Total trade receivables was £0.9m (2017/18: £0.5m) and total trade payables was £0.6m (2017/18: £2.5m).

Questions:
question: What was the equity shareholding of Nissin Food Holdings Co., Ltd. in Premier Foods plc in 2019?
answer: 19.47%
question: What was the total trade receivables in 2019?
answer: £0.9m
question: What was the hovis sale of goods in 2019?
answer: 0.3
scale: million
question: What was the change in hovis sale of goods from 2018 to 2019?
answer: 0
derivation: 0.3 - 0.3
scale: million
question: What is the average hovis sale of services for 2018 and 2019?
answer: 0.7
derivation: (0.7 + 0.7) / 2
scale: million
question: What is the average hovis purchase of goods for 2018 and 2019?
answer: 9.1
derivation: (6.3 + 11.9) / 2
scale: million
(In thousands)
March 31, 2018
Adjustment from Topic 606
April 1, 2018
Assets:
Accounts receivable, net
16,389
3,124
19,513
Contract assets
—
4,583
4,583
Prepaid expenses and other current assets
5,593
(496)
5,097
Other non-current assets
2,484
2,409
4,893
Liabilities:
Contract liabilities
26,820
7,006
33,826
Shareholders' equity:
Retained earnings
103,601
2,614
106,215

text: Financial Statement Impact of Adoption on Previously Reported Results
text: We adopted Topic 606 using the modified retrospective method. The cumulative impact of applying the new guidance to all contracts with customers that were not completed as of April 1, 2018 was recorded as an adjustment to retained earnings as of the adoption date. As a result of applying the modified retrospective method to adopt the new standard, the following adjustments were made to noted accounts on the Consolidated Balance Sheet as of April 1, 2018:
text: The acceleration of revenue that was deferred under prior guidance as of the adoption date was primarily attributable to the requirement of Topic 606 to allocate the transaction price to the performance obligations in the contract on a relative basis using SSP rather than allocating under the residual method, which allocates the entire arrangement discount to the delivered performance obligations.
text: Due to the Company's full valuation allowance as of the adoption date, there is no tax impact associated with the adoption of Topic 606.
text: We made certain presentation changes to our Consolidated Balance Sheet on April 1, 2018 to comply with Topic 606. Prior to adoption of the new standard, we offset accounts receivable and contract liabilities (previously presented as deferred revenue on our Consolidated Balance Sheet) for unpaid deferred performance obligations included in contract liabilities.
text: Under the new standard, we record accounts receivable and related contract liabilities for non-cancelable contracts with customers when the right to consideration is unconditional. Upon adoption, the right to consideration in exchange for goods or services that have been transferred to a customer when that right is conditional on something other than the passage of time were reclassified from accounts receivable to contract assets.

Questions:
question: What is the tax impact associated with the adoption of Topic 606?
answer: Due to the Company's full valuation allowance as of the adoption date, there is no tax impact associated with the adoption of Topic 606.
question: What was the adjustment amount to accounts receivable, net?
answer: 3,124
scale: thousand
question: What was the adjustment amount to contract assets?
answer: 4,583
scale: thousand
question: What was the percentage change in  Accounts receivable, net after  Adjustment from Topic 606?
answer: 19.06
derivation: 3,124/16,389 
scale: percent
question: What was the percentage change in  Contract liabilities after  Adjustment from Topic 606?
answer: 26.12
derivation: 7,006/26,820
scale: percent
question: What was the percentage change in  Retained earnings after  Adjustment from Topic 606?
answer: 2.52
derivation: 2,614/103,601 
scale: percent
SEK billion
Full year 2019
Full year 2018
Segment operating income
-12.5
-5.4
income of which Emerging Business, iconective, media businesses and common costs
-2.4
-5.4
of which SEC and DOJ
settlement costs
–10.7
–
of which costs for
ST-Ericsson wind-down
–0.3
–
of which a refund of social security costs in Sweden
0.9
-

text: Operating income increased to SEK 2.3 (1.1) billion. Operating income excluding restructur- ing charges improved to SEK 2.4 (1.4) billion due to a positive effect from reversal of a provision for impairment of trade receivables made in Q1 2019, of SEK 0.7 billion, and higher gross margin.
text: Operating margin was 6.3%, excluding restructuring charges and the positive effect from reversal of a provision for impairment of trade receivables of SEK 0.7 billion in Q1 2019.
text: Restructuring charges amounted to SEK 0.0 (–0.3) billion.
text: Emerging Business and Other
text: Segment Emerging Business and Other represented 3% (4%) of Group net sales in 2019.
The segment includes:
–– Emerging Business, including IoT, iconectiv
and New businesses
–– Media businesses, including Red Bee
Media and a 49% ownership of MediaKind.
text: Net sales
text: Reported sales decreased by –19% in 2019 due to the 51% divestment of MediaKind in February 2019. Sales adjusted for comparable units and currency increased by 14% driven by growth in the iconectiv business through a multi-year number portability contract in the US.
text: Gross margin
text: Gross margin declined mainly due to the 51% divestment of MediaKind. The decline was partly offset by lower restructuring charges.
text: Operating income (loss)
text: Operating income was impacted by costs of SEK –10.7 billion related to the resolution of the US SEC and DOJ investigations, a refund of earlier paid social security costs in Sweden of SEK 0.9 billion and by costs of SEK –0.3
billion related to the wind-down of the ST-Ericsson legal structure.
text: Operating income in Emerging Business, iconectiv and common costs improved, driven by profitable growth in iconectiv. Red Bee Media income improved supported by profit improvement activities. Media Solutions income improved driven by the 51% divestment of Media Kind, including a capital gain from the transaction.

Questions:
question: What is the reason that gross margin declined?
answer: the 51% divestment of MediaKind
question: What is the full year 2018 operating income?
answer: -5.4
scale: billion
question: What is the full year 2019 operating income?
answer: -12.5
scale: billion
question: What is the total segment operating income for 2019 and 2018?
answer: -17.9
derivation: -12.5+(-5.4)
scale: billion
question: What is the change in income from Emerging Business, iconective, media businesses and common costs in 2019 and 2018?
answer: 3
derivation: -2.4-(-5.4)
scale: billion
question: What is the proportion of sec and doj settlement costs in its segment operating income in 2019?
answer: 85.6
derivation: -10.7/-12.5
scale: percent
Service-based RSUs Outstanding
Market-based RSUs Outstanding
Number of Shares
Weighted-Average Grant Date Fair Value
Number of Shares
Weighted-Average Grant Date Fair Value
June 26, 2016
3,256,513
$71.34
1,078,591
$63.12
Granted
1,224,877
$114.13
435,694
$111.75
Vested
(1,677,318)
$69.10
(592,321)
$46.67
Forfeited or canceled
(116,466)
$76.76
(59,509)
$66.81
June 25, 2017
2,687,606
$92.01
862,455
$83.83
Granted
964,391
$183.97
285,866
$170.15
Vested
(1,362,369)
$87.80
(407,024)
$76.88
Forfeited or canceled
(96,540)
$108.67
(47,571)
$91.36
June 24, 2018
2,193,088
$134.34
693,726
$104.59
Granted
893,622
$161.64
163,529
$165.78
Vested
(1,135,284)
$115.23
(301,622)
$70.58
Forfeited or canceled
(154,541)
$141.38
(120,859)
$104.73
June 30, 2019
1,796,885
$159.36
434,774
$144.57

text: Restricted Stock Units
text: During the fiscal years 2019, 2018, and 2017, the Company issued both service-based RSUs and market-based performance RSUs (“PRSUs”). Market-based PRSUs generally vest three years from the grant date if certain performance criteria are achieved and require continued employment. Based upon the terms of such awards, the number of shares that can be earned over the performance periods is based on the Company’s Common Stock price performance compared to the market price performance of the Philadelphia Semiconductor Sector Index (“SOX”), ranging from 0% to 150% of target. The stock price performance or market price performance is measured using the closing price for the 50-trading days prior to the dates the performance period begins and ends. The target number of shares represented by the market-based PRSUs is increased by 2% of target for each 1% that Common Stock price performance exceeds the market price performance of the SOX index. The result of the vesting formula is rounded down to the nearest whole number. Total stockholder return is a measure of stock price appreciation in this performance period.
text: The following table summarizes restricted stock activity:
text: The fair value of the Company’s service-based RSUs was calculated based on fair market value of the Company’s stock at the date of grant, discounted for dividends.

Questions:
question: How long do market-based PRSUs usually vest from grant date?
answer: three years
question: How is the stock price performance or market price performance measured?
answer: using the closing price for the 50-trading days prior to the dates the performance period begins and ends
question: What is the number of shares as of June 26, 2016?
answer: 3,256,513
question: Which type of RSUs outstanding is higher as of June 26, 2016?
answer: Service-based RSUs Outstanding
derivation: Find the type of RSUs outstanding that is higher as of June 26, 2016
question: Which type of RSUs outstanding is higher as of June 25, 2017?
answer: Service-based RSUs Outstanding
derivation: Find the type of RSUs outstanding that is higher as of June 25, 2017
question: Which type of RSUs outstanding is higher as of June 30, 2019?
answer: Service-based RSUs Outstanding
derivation: Find the type of RSUs outstanding that is higher as June 25, 2017Find the type of RSUs outstanding that is higher as of June 30, 2019