next-tat/TAT-QA huggingface dataset:
Amortized Cost
Unrealized Gains
Unrealized Losses
Fair Value
Current assets:
Cash
$54,275
$—
$—
$54,275
Cash equivalents:
Money market funds
129,321
—
—
129,321
Total cash equivalents
129,321
—
—
129,321
Total cash and cash equivalents
183,596
—
—
183,596
Short-term investments:
Corporate bonds
58,115
—
(82)
58,033
US treasury securities
138,826
—
(100)
138,726
Commercial paper
7,973
—
—
7,973
Total short-term investments
204,914
—
(182)
204,732
Long-term investments:
Strategic investments
1,250
—
—
1,250
Total long-term investments
$1,250
$—
$—
$1,250

text: The following is a summary of investments, including those that meet the definition of a cash equivalent, as of December 31, 2018 (in thousands):
text: As of December 31, 2019, the Company’s investment in corporate bonds and US treasury securities had a weighted-average maturity date of approximately five months. Unrealized gains and losses on investments were not significant individually or in aggregate, and the Company does not believe the unrealized losses represent other-than-temporary impairments as of December 31, 2019.

Questions:
question: As of December 31, 2019, how long was the weighted-average maturity date of the Company's investment in corporate bonds and US treasury securities?
answer: approximately five months.
question: What was the total amortized cost of money market funds?
answer: 129,321
scale: thousand
question: What was the total amortized cost of corporate bonds?
answer: 58,115
scale: thousand
question: What was the sum of amortized cost of corporate bonds and US treasury securities?
answer: 196941
derivation: 58,115+138,826
scale: thousand
question: What percentage of total fair value of cash and cash equivalents consists of cash?
answer: 29.56
derivation: (54,275/183,596)
scale: percent
question: What percentage of total unrealized losses for short-term investments consist of corporate bonds?
answer: 45.05
derivation: (82/182)
scale: percent
Fair Value at December 31,
2019
2018
(in thousands)
Interest rate swap
Beginning balance
$1,623
$734
Unrealized gain (loss) recognized in other comprehensive income (loss)
(1,660)
889
Ending balance
$(37)
1,623

text: The following table summarizes activity for the interest rate swap:
text: There were no transfers between Level 1, Level 2 or Level 3 fair value hierarchy categories of financial instruments in the years ended December 31, 2019 and 2018.
text: Financial Instruments Not Recorded at Fair Value on a Recurring Basis
text: Some of the Company’s financial instruments are not measured at fair value on a recurring basis but are recorded at amounts that approximate fair value due to their liquid or short-term nature. Such financial assets and financial liabilities include: cash and cash equivalents, restricted cash, net receivables, certain other assets, accounts payable, accrued price protection liability, accrued expenses, accrued compensation costs, and other current liabilities. The Company’s long-term debt is not recorded at fair value on a recurring basis, but is measured at fair value for disclosure purposes (Note8 ).

Questions:
question: What were the transfers between Level 1, Level 2 and Level 3 in 2019 and 2018?
answer: There were no transfers between Level 1, Level 2 or Level 3
question: How is the company's long-term debt recorded?
answer: measured at fair value for disclosure purposes (Note8 )
question: What was the Unrealized gain (loss) recognized in other comprehensive income (loss) in 2019 and 2018 respectively?
answer: (1,660)
889
scale: thousand
question: In which year was the beginning balance less than 1,000 thousands?
answer: 2018
derivation: locate and analyze beginning balance in row 5
question: What was the average Unrealized gain (loss) recognized in other comprehensive income (loss) for 2018 and 2019?
answer: -385.5
derivation: (-1,660 + 889) / 2
scale: thousand
question: What was the change in the ending balance from 2018 to 2019?
answer: -1660
derivation: -37 - 1,623
scale: thousand
APAC
Sales Mix
2019
2018
%Change
Hardware
$34,965
$29,496
19%
Software
92,988
107,363
(13%)
Services
52,288
50,055
4%
$180,241
$186,914
(4%)

text: Our net sales by offering category for APAC for 2019 and 2018, were as follows (dollars in thousands):
text: Net sales in APAC decreased 4% (increased 2% excluding the effects of fluctuating foreign currency rates), or $6.7 million, in 2019 compared to 2018. In APAC, increases in hardware and services net sales year over year were offset by a decrease in software net sales during 2019 compared to 2018. The changes were the result of the following:
text: • Continued expansion of hardware offerings in the APAC market resulted in higher net sales in this category.
text: • Continued trend toward higher sales of cloud solution offerings that are recorded on a net sales recognition basis in the services net sales category resulted in declines in the software net sales category.
text: • Higher volume of net sales of cloud solution offerings and software referral fees that are recorded on a net sales recognition basis positively impacted services net sales. Additionally, there were contributions from Insight delivered services from increased net sales of our digital innovation solutions offering.

Questions:
question: What is the net sales of hardware in 2019 and 2018 respectively?
answer: $34,965
$29,496
scale: thousand
question: What is the net sales of software in 2019 and 2018 respectively?
answer: 92,988
107,363
scale: thousand
question: How much did net sales in decreased in 2019 compared to 2018?
answer: $6.7 million
question: What is the change in Sales Mix of Hardware between 2018 and 2019?
answer: 5469
derivation: 34,965-29,496
scale: thousand
question: What is the change in Sales Mix of Software between 2018 and 2019?
answer: -14375
derivation: 92,988-107,363
scale: thousand
question: What is the average Sales Mix of Hardware for 2018 and 2019?
answer: 32230.5
derivation: (34,965+29,496) / 2
scale: thousand
($ in millions)
For the year ended December 31:
2019
2018
Yr.-to-Yr. Percent Change
Retirement-related plans—cost
Service cost
$385
$431
(10.7)%
Multi-employer plans
32
38
(16.9)
Cost of defined contribution plans
1,040
1,024
1.5
Total operating costs/ (income)
$1,457
$1,494
(2.5)%
Interest cost
$2,929
$2,726
7.4%
Expected return on plan assets
(4,192)
(4,049)
3.5
Recognized actuarial losses
1,819
2,941
(38.2)
Amortization of prior service costs/(credits)
(9)
(73)
(87.6)
Curtailments/settlements
41
11
262.2
Other costs
28
16
76.2
Total non-operating costs/(income)
$615
$1,572
(60.9)%
Total retirement-related plans—cost
$2,072
$3,066
(32.4)%

text: Retirement-Related Plans
text: The following table provides the total pre-tax cost for all retirement-related plans. Total operating costs/(income) are included in the Consolidated Income Statement within the caption (e.g., Cost, SG&A, RD&E) relating to the job function of the plan participants.
text: Total pre-tax retirement-related plan cost decreased by $994 million compared to 2018, primarily driven by a decrease in recognized actuarial losses ($1,123 million), primarily due to the change in the amortization period in the U.S. Qualified Personal Pension Plan and higher expected return on plan assets ($143 million), partially offset by higher interest costs ($203 million).
text: As discussed in the “Operating (non-GAAP) Earnings” section, we characterize certain retirement-related costs as operating and others as non-operating. Utilizing this characterization, operating retirement-related costs in 2019 were $1,457 million, a decrease of $37 million compared to 2018. Non-operating costs of $615 million in 2019 decreased $957 million year to year, driven primarily by the same factors as above.

Questions:
question: What caused the Total pre-tax retirement-related plan cost to decrease?
answer: driven by a decrease in recognized actuarial losses ($1,123 million), primarily due to the change in the amortization period in the U.S. Qualified Personal Pension
question: What caused the Non-operating costs to decrease?
answer: As discussed in the “Operating (non-GAAP) Earnings” section, we characterize certain retirement-related costs as operating and others as non-operating. Utilizing this characterization, operating retirement-related costs in 2019 were $1,457 million, a decrease of $37 million compared to 2018. Non-operating costs of $615 million in 2019 decreased $957 million year to year, driven primarily by the same factors as above.
question: What were the operating retirement related costs in 2019?
answer: $1,457 million
question: What was the increase / (decrease) in service cost from 2018 to 2019?
answer: -46
derivation: 385 - 431
scale: million
question: What was the average interest cost?
answer: 2827.5
derivation: (2,929 + 2,726) / 2
scale: million
question: What was the increase / (decrease) in the Other costs from 2018 to 2019?
answer: 12
derivation: 28 - 16
scale: million
Fiscal Year Ended
December 28, 2019
December 29, 2018
December 30, 2017
Balance at beginning of year
$185
$200
$299
Charges (reversals) to costs and expenses
37
(15)
(99)
Balance at end of year
$222
$185
$200

text: Accounts Receivable and Allowance for Doubtful Accounts
text: The majority of our accounts receivable are derived from sales to large multinational semiconductor manufacturers throughout the world, are recorded at their invoiced amount and do not bear interest.
text: In order to monitor potential credit losses, we perform ongoing credit evaluations of our customers' financial condition. An allowance for doubtful accounts is maintained based upon our assessment of the expected collectability of all accounts receivable. The allowance for doubtful accounts is reviewed and assessed for adequacy on a quarterly basis.
text: We take into consideration (1) any circumstances of which we are aware of a customer's inability to meet its financial obligations and (2) our judgments as to prevailing economic conditions in the industry and their impact on our customers. If circumstances change, and the financial condition of our customers is adversely affected and they are unable to meet their financial obligations, we may need to take additional allowances, which would result in an increase in our operating expense.
text: Activity related to our allowance for doubtful accounts receivable was as follows (in thousands):

Questions:
question: What is the main source of accounts receivable?
answer: derived from sales to large multinational semiconductor manufacturers throughout the world
question: What is the change in allowance Balance at beginning of year from Fiscal Year Ended December 28, 2019 to December 29, 2018?
answer: -15
derivation: 185-200
scale: thousand
question: What is the change in allowance Charges (reversals) to costs and expenses from Fiscal Year Ended December 28, 2019 to December 29, 2018?
answer: 52
derivation: 37-(15)
scale: thousand
question: In which year was Balance at beginning of year less than 200 thousands?
answer: 2019
derivation: locate and analyze Balance at beginning of year in row 3
question: What was the Charges (reversals) to costs and expenses in 2019, 2018 and 2017 respectively?
answer: 37
(15)
(99)
scale: thousand
question: How does the company monitor the potential credit loss?
answer: we perform ongoing credit evaluations of our customers' financial condition
At 31 March
2019 £m
2018 £m
2017 £m
Non-current assets
48
-
-
Fair value through other comprehensive income
-
46
37
Available-for-sale
6
7
7
Fair value through profit or loss
54
53
44
Current assets
Fair value through other comprehensive income
-
-
-
Available-for-sale
-
2,575
1,437
Investments held at amortised cost
3,214
-
-
Loans and receivables
-
447
83
3,214
3,022
1,520

text: 23. Investments continued
text: IFRS 9 was applied for the first time on 1 April 2018 and introduces new classifications for financial instruments, including investments. Under IAS 39, we classified investments as available-for-sale, loans and receivables, and fair value through profit or loss. On transition to IFRS 9 we have reclassified them as fair value through other comprehensive income, fair value through profit or loss, and amortised cost, as set out in note 1. The current year figures in the following table reflect the classifications under IFRS 9, and the prior year figures reflect the previous classifications under IAS 39.
text: Investments held at amortised cost consist of investments previously classified as loans and receivables and relate to money market investments denominated in sterling of £2,687m (2017/18: £416m, 2016/17: £35m), in US dollars of £26m (2017/18: £27m, 2016/17: £30m) in euros of £499m (2017/18: £nil, 2016/17: £nil) and in other currencies £2m (2017/18: £4m, 2016/17: £18m). They also include investments in liquidity funds of £2,522m (2017/18: £2,575m, 2016/17: £1,437m) held to collect contractual cash flows. In prior years these were classified as available-for-sale.

Questions:
question: What were the  Fair value through profit or loss  in 2019, 2018 and 2017 respectively?
answer: 54
53
44
scale: million
question: What were the investments in liquidity funds in 2019, 2018 and 2017 respectively?
answer: £2,522m
£2,575m
£1,437m
question: When was the IFRS 9 applied?
answer: 1 April 2018
question: What is the change in the Fair value through other comprehensive income from 2017 to 2018?
answer: 9
derivation: 46 - 37
scale: million
question: Which year(s) has Fair value through profit or loss greater than 50 million?
answer: 2019
2018
derivation: identify the Fair value through profit or loss in row 5
question: What is the average Loans and receivables for 2017-2019?
answer: 176.67
derivation: (0 + 447 + 83) / 3
scale: million
2019
2018
£m
£m
Net debt
295.2
235.8
IFRS 16 lease liabilities
38.9
–
Net debt and IFRS 16 lease liabilities
334.1
235.8

text: Net debt including IFRS 16 lease liabilities
text: A reconciliation between net debt and net debt including IFRS 16 lease liabilities is given below. A breakdown of the balances that are included within net debt is given within Note 24. Net debt excludes IFRS 16 lease liabilities to enable comparability with prior years.

Questions:
question: What does net debt exclude?
answer: IFRS 16 lease liabilities to enable comparability with prior years
question: Where is the breakdown of the balances that are included within net debt given?
answer: within Note 24
question: What is the Net debt and IFRS 16 lease liabilities for 2018 and 2019 respectively?
answer: 235.8
334.1
scale: million
question: In which year is the amount of net debt larger?
answer: 2019
derivation: 295.2>235.8
question: What was the change in the amount of Net debt and IFRS 16 lease liabilities from 2018 to 2019?
answer: 98.3
derivation: 334.1-235.8
scale: million
question: What was the percentage change in the amount of Net debt and IFRS 16 lease liabilities from 2018 to 2019?
answer: 41.69
derivation: (334.1-235.8)/235.8
scale: percent
Grant Date
Exercise Date
Expiry Date
Exercise Price $
No. of Options at Beg. of Year
Options Exercised or Lapsed
No. of Options at End of Year
2 Jul 2012
2 Jul 2015
2 Jul 2017
0.92
40,000
(40,000)
-
2 Jul 2013
2 Jul 2016
30 Sept 2018 1
0.92
295,000
(220,000)
75,000
2 Jul 2014
2 Jul 2017
2 Jul 2019
1.30
875,000
(405,000)
470,000
2 Jul 2015
2 Jul 2018
2 Jul 2020
2.67
1,000,000
-
1,000,000
22 Dec 2016
31 Aug 2019
22 Dec 2021
3.59
1,323,730
-
1,323,730
Total
3,533,730
(665,000)
2,868,730
Weighted average exercise price
$1.15
$2.82

text: Movement of options during the year ended 30 June 2018:
text: The weighted average fair value of options granted during the year was nil (2018: nil) as there were none issued during the year.
text: The weighted average share price for share options exercised during the period was $3.57 (2018: $3.90).
text: The weighted average remaining contractual life for share options outstanding at the end of the period was 1.68 years (2018: 2.47 years).
text: The weighted average remaining contractual life for share options outstanding at the end of the period was 1.68 years (2018: 2.47 years).

Questions:
question: What was the weighted average share price for share options exercised during the period?
answer: $3.57 (2018: $3.90).
question: What was the total weighted exercise cost for all options exercised or lapsed?
answer: 764750
derivation: 665,000 * $1.15 
question: What was the weighted average remaining contractual life for share options outstanding at the end of period?
answer: 1.68 years (2018: 2.47 years).
question: Why was the weighted average fair value of options granted during the year was nil?
answer: The weighted average fair value of options granted during the year was nil (2018: nil) as there were none issued during the year.
question: What was the total percentage change in exercise price between 2014 and 2016?
answer: 176.15
derivation: (3.59 - 1.30) / 1.30 
scale: percent
question: What was the options' exercise date with the greatest number of options exercised or lapsed?
answer: 2 Jul 2017
derivation: (405,000)
€ thousands
2019
2018
Christian Klein (Co-CEO from 10/10/2019)
1,925
442.2
Jennifer Morgan (Co-CEO from 10/10/2019)
2,894
796.1
Robert Enslin (until 4/5/2019)
3,480
727.0
Adaire Fox-Martin
2,667
796.1
Michael Kleinemeier
3,253
914.2
Bernd Leukert (until 3/31/2019)
8,606
775.2
Bill McDermott (CEO until 10/10/2019, Executive Board member until 11/15/2019)
14,689
2,155.8
Luka Mucic
3,391
675.8
Jürgen Müller (from 1/1/2019)
768
-
Stefan Ries
2,646
772.0
Thomas Saueressig (from 11/1/2019)
128
-
Total
44,446.5
8,054.4

text: Total Expense for Share-Based Payment
text: Total expense for the share-based payment plans of Executive Board members was determined in accordance with IFRS 2 (Share- Based Payments) and consists exclusively of obligations arising from Executive Board activities.

Questions:
question: How was the Total expense for the share-based payment plans of Executive Board members determined?
answer: in accordance with IFRS 2 (Share- Based Payments) and consists exclusively of obligations arising from Executive Board activities.
question: What is the total amount of expense for share-based payment in 2019?
answer: 44,446.5
scale: thousand
question: In which years is the Total Expense for Share-Based Payment provided?
answer: 2019
2018
question: How many Executive Board members had an expense for share-based payment of less than €1,000 thousand in 2019?
answer: 2
derivation: Jürgen Müller##Thomas Saueressig
question: What was the change in the expense for share-based payment for  Stefan Ries  in 2019 from 2018?
answer: 1874
derivation:  2,646 - 772.0 
scale: thousand
question: What was the average total expense for share-based payment for  Stefan Ries  in 2018 and 2019?
answer: 1709
derivation:  (2,646 + 772.0)/2 
scale: thousand
2019
2018
2017
(in thousands)
Restricted Stock Units:
Non-vested at January 1
2,454
3,174
3,778
Awarded
1,139
790
939
Vested
(1,237)
(1,382)
(1,434)
Forfeited
(87)
(128)
(109)
Non-vested at December31
2,269
2,454
3,174
Stock Options:
Outstanding at January 1
506
531
926
Granted
102
69
111
Exercised
(280)
(94)
(501)
Forfeited
(7)
—
—
Expired
(2)
—
(5)
Outstanding at December 31
319
506
531
Vested and expected to vest at December 31
319
506
531
Exercisable at December 31
85
256
233

text: Teradyne determined the stock options’ expected life based upon historical exercise data for executive officers, the age of the executive officers and the terms of the stock option grant. Volatility was determined using historical volatility for a period equal to the expected life. The risk-free interest rate was determined using the U.S. Treasury yield curve in effect at the time of grant. Dividend yield was based upon an estimated annual dividend amount of $0.36 per share divided by Teradyne’s stock price on the grant date of $37.95 for the 2019 grants, $47.70 for the 2018 grants and $28.56 for the 2017 grants.
text: Stock compensation plan activity for the years 2019, 2018, and 2017, is as follows:

Questions:
question: How was the risk-free interest rate determined?
answer: using the U.S. Treasury yield curve in effect at the time of grant
question: How was volatility determined?
answer: using historical volatility for a period equal to the expected life
question: In which years was the stock compensation plan activity recorded?
answer: 2019
2018
2017
question: In which year was the amount of Granted stocks the largest?
answer: 2017
derivation: 111>102>69
question: What was the change in granted stocks in 2019 from 2018?
answer: 33
derivation: 102-69
scale: thousand
question: What was the percentage change in granted stocks in 2019 from 2018?
answer: 47.83
derivation: (102-69)/69
scale: percent
Number of options
Weighted-Average Exercise Price
(in thousands)
Outstanding and Exercisable at December 31, 2018
543
$27.46
Exercised
(6)
11.38
Forfeited/Expired
(68)
24.78
Outstanding and Exercisable at December 31, 2019
469
28.04

text: Stock Options
text: The following table summarizes activity involving stock option awards for the year ended December 31, 2019:
text: The aggregate intrinsic value of our options outstanding and exercisable at December 31, 2019 was less than $1 million. The weighted-average remaining contractual term for such options was 0.18 years.
text: During 2019, we received net cash proceeds of less than $1 million in connection with our option exercises. The tax benefit realized from these exercises was less than $1 million. The total intrinsic value of options exercised for the years ended December 31, 2019, 2018 and 2017, was less than $1 million each year.

Questions:
question: What was the aggregate intrinsic value of options outstanding and exercisable at December 31, 2019? 
answer: less than $1 million
question: What is the weighted-average remaining contractual term for options outstanding and exercisable?
answer: 0.18 years
question: What are the activity types involving stock option awards?
answer: Exercised
Forfeited/Expired
question: Which year has a higher weighted-average exercise price for options outstanding and exercisable?
answer: 2019
derivation: 28.04>27.46
question: What is the change in the number of options outstanding and exercisable in 2019 from 2018?
answer: -74
derivation: 469-543
scale: thousand
question: What is the percentage change in the weighted-average exercise price for options outstanding and exercisable in 2019 from 2018?
answer: 2.11
derivation: (28.04-27.46)/27.46
scale: percent
(Dollars in thousands)
December 31, 2019
1 year or less
$180,219
60%
1-2 years
91,132
30%
2-5 years
30,604
10%
$301,955
100%

text: Unbilled receivables are client committed amounts for which revenue recognition precedes billing, and billing is solely subject to the passage of time.
text: Unbilled receivables are expected to be billed in the future as follows

Questions:
question: What does unbilled receivables refer to?
answer: Unbilled receivables are client committed amounts for which revenue recognition precedes billing
question: What are the respective unbilled receivables within 1 year or less and within 1-2 years?
answer: 180,219
91,132
scale: thousand
question: What are the respective unbilled receivables within 1-2 years and within 2-5 years?
answer: 91,132
30,604
scale: thousand
question: What is the total unbilled receivables due within 2 years?
answer: 271351
derivation: 180,219 + 91,132 
scale: thousand
question: What is the total unbilled receivables due between 1 to 5 years?
answer: 121736
derivation: 91,132 + 30,604 
scale: thousand
question: What is the value of the unbilled receivables due within 2-5 years as a percentage of the unbilled receivables due within 1 year?
answer: 16.98
derivation: 30,604/180,219 
scale: percent