next-tat/TAT-QA huggingface dataset:
Years Ended December 31,
2019
2018
(unaudited) 
(unaudited)
Revenue
$72,576,902
$60,249,896
Income from continuing operations
$6,912,802
$1,559,008

text: Pro forma consolidated results of operations
text: The following unaudited pro forma financial information presents combined results of operations for each of the periods presented as if the acquisitions of MOI and GP had been completed on January 1, 2018. The pro forma information includes adjustments to depreciation expense for property and equipment acquired and amortization expense for the intangible assets acquired and the elimination of transaction expenses recognized in each period. Transaction-related expenses associated with the acquisition and excluded from pro forma income from continuing operations were $1.0 million for the year ended December 31, 2019. There were no transaction-related expenses associated with the acquisition for the year ended December 31, 2018. The pro forma data are for informational purposes only and are not necessarily indicative of the consolidated results of operations or the combined business had the acquisitions of MOI and GP occurred on January 1, 2018, or the results of future operations of the combined business. For instance, planned or expected operational synergies following the acquisition are not reflected in the pro forma information. Consequently, actual results will differ from the unaudited pro forma information presented below.

Questions:
question: Was there any transaction-related expenses associated with the acquisition for the year ended December 31, 2018?
answer: There were no transaction-related expenses associated with the acquisition for the year ended December 31, 2018.
question: What is the change in Revenue from December 31, 2018 and 2019?
answer: 12327006
derivation: 72,576,902-60,249,896
question: What is the average Revenue for December 31, 2018 and 2019?
answer: 66413399
derivation: (72,576,902+60,249,896) / 2
question: In which year was Revenue less than 65,000,000?
answer: 2018
derivation: locate and analyze Revenue in row 4
question: What was the Income from continuing operations in 2019 and 2018 respectively?
answer: $6,912,802
$1,559,008
question: What was the revenue in 2019?
answer: $72,576,902
December 31,
Change
(Dollars in thousands)
2019
2018
Reported
Constant currency
Maintenance
$292,696
$269,708
$22,988
9%
8%
Term
231,267
190,349
40,918
21%
21%
Client Cloud
523,963
460,057
63,906
14%
14%
Pega Cloud
169,329
109,973
59,356
54%
54%
Total ACV
$693,292
$570,030
$123,262
22%
22%

text: Annual Contract Value (“ACV”) (1) (2)
text: The change in ACV measures the growth and predictability of future cash flows from committed Pega Cloud and Client Cloud arrangements as of the end of the particular reporting period.
text: Total ACV, as of a given date, is the sum of the following two components:
text: • Client Cloud: the sum of (1) the annual value of each term license contract in effect on such date, which is equal to its total license value divided by the total number of years and (2) maintenance revenue reported for the quarter ended on such date, multiplied by four. We do not provide hosting services for Client Cloud arrangements.
text: • Pega Cloud: the sum of the annual value of each cloud contract in effect on such date, which is equal to its total value divided by the total number of years.
text: (1) Data Table
text: (2) As foreign currency exchange rates are an important factor in understanding period to period comparisons, we believe the presentation of ACV growth rates on a constant currency basis enhances the understanding of our results and evaluation of our performance in comparison to prior periods.

Questions:
question: What are the respective values for maintenance in 2018 and 2019?
answer: $269,708
$292,696
scale: thousand
question: What are the respective values for Term in 2018 and 2019?
answer: 190,349
231,267
scale: thousand
question: What are the respective values for total ACV in 2018 and 2019?
answer: $570,030
$693,292
scale: thousand
question: What is the percentage change in the maintenance values between 2018 and 2019?
answer: 8.52
derivation: (292,696 - 269,708)/269,708 
scale: percent
question: What is the value of Client Cloud as a percentage of the total ACV in 2019?
answer: 75.58
derivation: 523,963/693,292 
scale: percent
question: What is the value of Pega Cloud as a percentage of the total ACV in 2019?
answer: 24.42
derivation: 169,329/693,292 
scale: percent
December 31, 2019
Gross Carrying Amount
Unamortized Discount and Deferred Financing Costs
Net Carrying Amount
2021 Notes
$650
$(2)
$648
2022 Notes
400
(2)
398
2026 Notes
850
(7)
843
2027 Notes
400
(5)
395
2047 Notes
400
(9)
391
Total debt
$2,700
$(25)
$2,675

text: Debt
text: At both December 31, 2019 and December 31, 2018, our total outstanding debt was $2.7 billion, bearing interest at a weighted average rate of 3.18%.
text: A summary of our outstanding debt as of December 31, 2019, is as follows (amounts in millions):

Questions:
question: What was the company's outstanding debt At both December 31, 2019 and December 31, 2018?
answer: $2.7 billion
scale: billion
question: What was the gross carrying amount in the 2021 Notes?
answer: $650
scale: million
question: What was the gross carrying amount in the 2022 Notes?
answer: 400
scale: million
question: What was the change in gross carrying amount between the 2021 and 2022 Notes?
answer: 250
derivation: (650-400)
scale: million
question: What is the sum of the 2 highest gross carrying amounts?
answer: 1500
derivation: (850+650)
scale: million
question: What is the percentage change in the net carrying amount between the 2022 Notes and 2026 Notes?
answer: 111.81
derivation: (843-398)/398
scale: percent
($ in millions)
For the year ended December 31:
2019
2018*
Yr.-to-Yr. Percent/ Margin Change
Global Technology Services
External total gross profit
$9,515
$10,035
(5.2)%
External total gross profit margin
34.8%
34.4%
0.3pts.
Pre-tax income
$1,645
$ 1,781
(7.6)%
Pre-tax margin
5.8%
5.9%
(0.2)pts.

text: * Recast to reflect segment changes.
text: The GTS gross profit margin increased 0.3 points year to year to 34.8 percent, due to the benefits of workforce actions and the continued scale out of our public cloud. We continued to take structural actions to improve our cost competitiveness and are accelerating the use of AI and automation in delivery operations, including leveraging Red Hat’s Ansible platform. Pre-tax income of $1,645 million decreased 7.6 percent, driven primarily by the decline in revenue and gross profit, and a higher level of workforce rebalancing charges in the current year. Pre-tax margin of 5.8 percent was essentially flat year to year, with the 2019 pre-tax margin reflecting benefits from structural and workforce actions.

Questions:
question: What caused the decrease in the pre-tax income in 2019?
answer: driven primarily by the decline in revenue and gross profit, and a higher level of workforce rebalancing charges in the current year.
question: What was the pre-tax margin of 2019?
answer: 5.8%
question: What were the steps taken by the firm to improve the cost effectiveness?
answer: continued to take structural actions to improve our cost competitiveness and are accelerating the use of AI and automation in delivery operations, including leveraging Red Hat’s Ansible platform.
question: What were the average External total gross profit?
answer: 9775
derivation: (9,515 + 10,035) / 2
scale: million
question: What was the increase / (decrease) rate in the Pre-tax income from 2018 to 2019?
answer: -7.64
derivation: 1,645 / 1,781 - 1
scale: percent
question: What was the increase / (decrease) in the Pre-tax margin from 2018 to 2019?
answer: -0.1
derivation: 5.8% - 5.9%
scale: percent
Fiscal Quarter
High Sale
Low Sale
2019
First Quarter
$8.95
$7.30
Second Quarter
11.38
7.80
Third Quarter
13.38
9.60
Fourth Quarter
13.52
10.80
2018
First Quarter
$10.76
$ 7.91
Second Quarter
10.00
7.53
Third Quarter
9.94
8.66
Fourth Quarter
10.59
8.55

text: MARKET PRICES OF COMMON STOCK
text: The common stock of the Company is listed on the NASDAQ Global Market under the symbol “FEIM.”

Questions:
question: Which global market is the common stock of the Company listed on?
answer: NASDAQ
question: What symbol is the common stock trading under?
answer: FEIM
question: What is the high sale and low sale of the first quarter of 2019 respectively?
answer: $8.95
$7.30
question: What is the difference in the high and low sale of the first quarter in 2019?
answer: 1.65
derivation: 8.95-7.30
question: What is the average quarterly low sale price for 2019?
answer: 8.88
derivation: (7.30+7.80+9.60+10.80)/4
question: What is the average quarterly high sale price for 2019?
answer: 11.81
derivation: (8.95+11.38+13.38+13.52)/4
Year Ended December 31,
Revenue:
% Change
2019
2018
2019 vs. 2018
SaaS and license revenue
$337,375
$291,072
16%
Hardware and other revenue
164,988
129,422
27%
Total revenue
$502,363
$420,494
19%

text: Comparison of Years Ended December 31, 2019 to December 31, 2018
text: The following tables in this section set forth our selected consolidated statements of operations (in thousands), data for the percentage change and data as a percentage of revenue for the years ended December 31, 2019 and 2018. Certain previously reported amounts in the consolidated statements of operations for the year ended December 31, 2018 have been reclassified to conform to our current presentation to reflect interest income as a separate line item, which was previously included in other income, net.
text: Revenue
text: The $81.9 million increase in total revenue in 2019 as compared to 2018 was the result of a $46.3 million, or 16%, increase in our SaaS and license revenue and a $35.6 million, or 27%, increase in our hardware and other revenue. Our software license revenue included within SaaS and license revenue increased $2.1 million to $43.4 million in 2019 as compared to $41.3 million during 2018. The increase in our Alarm.com segment SaaS and license revenue in 2019 was primarily due to growth in our subscriber base, including the revenue impact from subscribers we added in 2018. To a lesser extent, SaaS and license revenue increased in the period due to an increase in license fees. The increase in hardware and other revenue in 2019 compared to 2018 was due to an increase in the volume of video cameras sold. Our Other segment contributed 15% of the increase in SaaS and license revenue in 2019 as compared to 2018. The increase in SaaS and license revenue for our Other segment in 2019 as compared to 2018 was due to an increase in sales of our energy management and demand response solutions and our property management and HVAC solutions. Hardware and other revenue in our Other segment decreased 13% in 2019 as compared to 2018, primarily due to the timing of sales related to our remote access management solution.

Questions:
question: What was the increase in the company's Alarm.com segment SaaS and license revenue in 2019 was primarily due to?
answer: growth in our subscriber base, including the revenue impact from subscribers we added in 2018.
question: Why was there an increase in hardware and other revenue in 2019 compared to 2018?
answer: due to an increase in the volume of video cameras sold.
question: What was the SaaS and license revenue in 2019?
answer: $337,375
scale: thousand
question: How many years did SaaS and license revenue exceed $300,000 thousand?
answer: 1
derivation: 2019
question: How many components of revenue exceeded $200,000 thousand in 2018?
answer: 1
derivation: SaaS and license revenue
question: What was SaaS and license revenue as a percentage of total revenue in 2019?
answer: 67.16
derivation: 337,375/502,363
scale: percent
Company
31 March 2019
31 March 2018
1 April 2017
S$ Mil
S$ Mil
S$ Mil
Unquoted equity shares, at cost
14,259.7
13,676.4
11,001.2
Shareholders' advances
5,733.0
5,733.0
6,423.3
Deemed investment in a subsidiary
32.5
32.5
32.5
20,025.2
19,441.9
17,457.0
Less: Allowance for impairment losses
(16.0)
(16.0)
(16.0)
20,009.2
19,425.9
17,441.0

text: 21. Subsidiaries
text: The advances given to subsidiaries were interest-free and unsecured with settlement neither planned nor likely to occur in the foreseeable future.
text: The deemed investment in a subsidiary, Singtel Group Treasury Pte. Ltd. (“SGT”), arose from financial guarantees provided by the Company for loans drawn down by SGT prior to 1 April 2010.
text: The significant subsidiaries of the Group are set out in Note 44.1 to Note 44.3.

Questions:
question: What is the topic of note 21?
answer: Subsidiaries
question: Which subsidiary is there a deemed investment in?
answer: Singtel Group Treasury Pte. Ltd. (“SGT”)
question: What are the terms of the shareholders' advances?
answer: interest-free and unsecured with settlement neither planned nor likely to occur in the foreseeable future
question: What is the average balance of the total across the 3 years?
answer: 18958.7
derivation: (20,009.2 + 19,425.9 + 17,441.0) / 3
scale: million
question: What is the average allowance for impairment losses across the 3 years?
answer: 16
derivation: (16.0 + 16.0 + 16.0 )/ 3
scale: million
question: How many factors are involved in calculating the balance for subsidiaries?
answer: 4
derivation: Unquoted equity shares##Shareholders' advances##Deemed investment in a subsidiary##Allowance for impairment losses
September 30,
2019
2018
Finished products
$10,905
$7,099
Work in process and inventoried costs under long-term contracts
46,951
63,169
Materials and purchased parts
48,938
23,710
Customer advances
—
(9,779)
Net inventories
$  106,794
$  84,199

text: NOTE 8—INVENTORIES
text: Inventories consist of the following (in thousands):
text: At September 30, 2019, work in process and inventoried costs under long-term contracts includes approximately $5.8 million in costs incurred outside the scope of work or in advance of a contract award compared to $0.9 million at September 30, 2018. We believe it is probable that we will recover the costs inventoried at September 30, 2019, plus a profit margin, under contract change orders or awards within the next year.
text: Costs we incur for certain U.S. federal government contracts include general and administrative costs as allowed by government cost accounting standards. The amounts remaining in inventory at September 30, 2019 and 2018 were $0.5 million and $2.0 million, respectively.

Questions:
question: What is the amount of finished products in 2019?
answer: $10,905
scale: thousand
question: What do the costs incurred for certain U.S. federal government contracts include?
answer: general and administrative costs as allowed by government cost accounting standards
question: What are the components that make up the net inventories?
answer: Finished products
Work in process and inventoried costs under long-term contracts
Materials and purchased parts
Customer advances
question: In which year is the value of finished products higher?
answer: 2019
derivation: 10,905>7,099
question: What is the change in materials and purchased parts from 2018 to 2019?
answer: 25228
derivation: 48,938-23,710
scale: thousand
question: What is the percentage change in net inventories from 2018 to 2019?
answer: 26.84
derivation: (106,794-84,199)/84,199
scale: percent
2019
2018
Shipments
Net Revenue (Note 3)
Shipments
Net Revenue (Note 3)
Wafer
Domestic (Note 1)
1,678
91,259,259
1,575
81,718,513
Export
8,390
836,058,092
9,177
829,577,851
Others (Note 2)
Domestic (Note 1)
N/A
8,835,783
N/A
8,398,094
Export
N/A
133,832,314
N/A
111,779,099
Total
Domestic (Note 1)
1,678
100,095,042
1,575
90,116,607
Export
8,390
969,890,406
9,177
941,356,950

text: 5.1.3 Consolidated Shipments and Net Revenue in 2019 and 2018
text: Unit: Shipments (thousand 12-inch equivalent wafers) / Net Revenue (NT$ thousands)
text: Note 1: Domestic means sales to Taiwan. Note 2: Others mainly include revenue associated with packaging and testing services, mask making, design services, and royalties.
text: Note 3: Commencing in 2018, the Company began to break down the net revenue by product based on a new method which associates most estimated sales returns and allowances with individual sales transactions, as opposed to the previous method which allocated sales returns and allowances based on the aforementioned gross revenue. The Company believes the new method provides a more relevant breakdown than the previous one.

Questions:
question: What is meant by Domestic?
answer: sales to Taiwan
question: What is included in others?
answer: revenue associated with packaging and testing services, mask making, design services, and royalties.
question: How did the the Company began to break down the net revenue by product since 2018?
answer: based on a new method which associates most estimated sales returns and allowances with individual sales transactions, as opposed to the previous method which allocated sales returns and allowances based on the aforementioned gross revenue.
question: What is the change in Wafer Domestic Shipments between 2018 and 2019?
answer: 103
derivation: 1,678-1,575
scale: thousand
question: What is the change in Wafer Domestic Net Revenue between 2018 and 2019?
answer: 9540746
derivation: 91,259,259-81,718,513
scale: thousand
question: What is the change in Others Domestic Net Revenue between 2018 and 2019?
answer: 437689
derivation: 8,835,783-8,398,094
scale: thousand
Named Executive Officer (1)(2) (1)(2) (1)(2)
Target Award Opportunity ($)
Market-based PRSUs award (#)
Stock Options Award (#)
Service-based RSUs Award (#)
Timothy M.Archer
4,000,000
28,935
34,722
17,361
Douglas R.Bettinger
2,750,000
19,892
23,871
11,935
Richard A.Gottscho
3,250,000
23,509
28,209
14,105
Patrick J. Lord
1,100,000
7,957
—
7,957
Vahid Vahedi
1,100,000
7,957
—
7,957
Seshasayee(Sesha) Varadarajan
1,100,000
7,957
—
7,957

text: Figure 29. 2016/2018 LTIP Award Grants
text: (1) All of the Market-based PRSUs and one-third of the stock options and service-based RSUs granted to Mr. Anstice under the 2016/2018 LTIP that were scheduled to vest in February 2019 were canceled upon his termination of employment with the Company as of December 5, 2018.
text: (2) The number of Market-based PRSUs awarded is reflected at target. The final number of shares that may have been earned is 0% to 150% of target.
text: In February 2019, the committee determined the payouts for the calendar year 2016/2018 LTIP Awards of Market-based PRSUs. The number of shares represented by the Marketbased PRSUs earned over the performance period was based on our stock price performance compared to the market price performance of the SOX index.
text: Based on the above formula and Market-based PRSU Vesting Summary set forth in Figures 26 and 27, the Company’s stock price performance over the three-year performance period was equal to 89.93% and performance of the SOX index (based on market price) over the same three-year performance period was equal to 84.47%. Lam’s stock price outperformed the SOX index by 5.46%, which resulted in a performance payout of 110.93% to target number of Marketbased PRSUs granted to each NEO. Based on such results, the committee made the following payouts to each NEO for the 2016/2018 LTIP Award of Market-based PRSUs.

Questions:
question: What was the number of shares represented by the Marketbased PRSUs earned over the performance period based on?
answer: our stock price performance compared to the market price performance of the SOX index
question: What was the Company's stock price performance over the three-year performance period?
answer: 89.93%
question: How much did Lam's stock price outperform the SOX index by?
answer: 5.46%
question: Which named executive officer has the highest target award opportunity?
answer: Timothy M.Archer
derivation: Find the named executive officer with the highest target award opportunity
question: Which named executive officer has the highest Market-based PRSUs award?
answer: Timothy M.Archer
derivation: Find the named executive officer with the highest Market-based PRSUs award
question: Which named executive officer has the highest Stock Options Award?
answer: Timothy M.Archer
derivation: Find the named executive officer with the highest Stock Options Award
Number of Shares
Weighted- Average Grant Date Fair Value
Unvested shares at December 31, 2018
1,924
$40.81
Granted
390
56.74
Forfeited
(562)
41.29
Vested
—
—
Unvested shares at December 31, 2019 1
1,752
$44.21

text: Performance-Based Restricted Stock Units
text: PRSU activity is summarized as follows (shares in thousands):
text: 1 Assumes maximum achievement of the specified financial targets.
text: The weighted-average grant date fair value of PRSUs granted during the years ended December 31, 2019, 2018, and 2017 was $56.74, $40.53, and $41.73, respectively.
text: Unrecognized compensation expense related to unvested PRSUs was $16.9 million at December 31, 2019, which is expected to be recognized over a weighted-average period of 1.7 years.

Questions:
question: What was the weighted-average grant date fair value of PRSUs granted in 2017?
answer: $41.73
question: What was the unrecognized compensation expense related to unvested PRSUs in 2019?
answer: $16.9 million
question: What was the weighted-average grant date fair value of PRSUs granted in 2018?
answer: $40.53
question: What is the difference in weighted-average grant date fair value between granted and forfeited shares?
answer: 15.45
derivation: (56.74-41.29)
question: What is the sum of number of unvested shares in 2018 and number of granted shares?
answer: 2314
derivation: (1,924+390)
scale: thousand
question: What is the change in number of unvested shares between 2018 and 2019?
answer: -172
derivation: (1,752-1,924)
scale: thousand