next-tat/TAT-QA huggingface dataset:
For the year ended
2017
2018
Amounts in thousands of U.S. Dollars
Pool gross revenues (included in Revenues)
38,046
102,253
Pool gross voyage expenses and commissions (included in Voyage expenses and commissions)
(9,122)
(10,154)
GasLog’s adjustment for net pool allocation (included in Net pool allocation)
7,254
17,818
GasLog’s total net pool performance
36,178
109,917

text: Net Pool Allocation: Net pool allocation increased by $10.5 million, from $7.3 million during the year ended December 31, 2017 to $17.8 million during the year ended December 31, 2018. The increase in net pool allocation was attributable to the movement in the adjustment of the net pool results earned by the GasLog vessels in accordance with the pool distribution formula. GasLog recognized gross revenues and gross voyage expenses and commissions of $102.3 million and $10.2 million, respectively, from the operation of its vessels in the Cool Pool during the year ended December 31, 2018 (December 31, 2017: $38.0 million and $9.1 million, respectively). The increase in GasLog’s total net pool performance was driven by higher spot rates and higher utilization achieved by all vessels trading in the Cool Pool. GasLog’s total net pool performance is presented below:
text: Voyage Expenses and Commissions: Voyage expenses and commissions increased by 32.5%, or $5.0 million, from $15.4 million during the year ended December 31, 2017 to $20.4 million during the year ended December 31, 2018. The increase in voyage expenses and commissions is mainly attributable to an increase of $3.6 million in bunkers consumed and voyage expenses during certain unchartered and off-hire periods, an increase of $0.3 million in voyage expenses of the vessels operating in the spot market and an increase of $1.1 million in brokers’ commissions.

Questions:
question: In which years was the total net pool performance recorded for?
answer: 2018
2017
question: What accounted for the increase in net pool allocation?
answer: Attributable to the movement in the adjustment of the net pool results earned by the GasLog vessels in accordance with the pool distribution formula.
question: What accounted for the increase in voyage expenses and commissions?
answer: Mainly attributable to an increase of $3.6 million in bunkers consumed and voyage expenses during certain unchartered and off-hire periods, an increase of $0.3 million in voyage expenses of the vessels operating in the spot market and an increase of $1.1 million in brokers’ commissions.
question: Which year was the pool gross revenues higher?
answer: 2018
derivation: 102,253 > 38,046
question: What is the change in pool gross revenues from 2017 to 2018?
answer: 64207
derivation: 102,253 - 38,046 
scale: thousand
question: What is the percentage change in total net pool performance from 2017 to 2018?
answer: 203.82
derivation: (109,917 - 36,178)/36,178 
scale: percent
Years Ended December 31,
2019
2018
2017
Revenues:     
Fixed fee license revenue
35.1 % 
75.3 % 
36.0 %
Per-unit royalty revenue
64.0
24.3
61.4
Total royalty and license revenue
99.1
99.6
97.4
Development, services, and other
0.9
0.4
2.6
Total revenues
100.0
100.0
100.0
Costs and expenses:
Cost of revenues
0.5
0.2
0.6
Sales and marketing
17.9
5.5
38.6
Research and development
21.8
8.8
33.6
General and administrative
119.4
37.7
152.4
Restructuring costs
—
—
4.6
Total costs and expenses
159.6
52.2
229.8
Operating income (loss)
(59.6)
47.8
(129.8)
Interest and other income
5.0
1.7
1.0
Other expense
0.2
(0.2)
0.9
Income (loss) before provision for income taxes
(54.4)
49.3
(127.9)
Provision for income taxes
(1.3)
(0.4)
(1.4)
Net income (loss)
(55.7)%
48.9 %
(129.3)%

text: Overview of 2019
text: Total revenues for 2019 were $36.0 million, a decrease of $75.0 million, or 68%, versus 2018. The decrease was primarily driven by the $70.9 million decrease in fixed fee license revenue and the $4.0 million decrease in per-unit royalty revenue.
text: For 2019, we had a net loss of $20.0 million as compared to $54.3 million of net income for 2018. The $74.4 million decrease in net income was mainly related to the $75.0 million decrease in total revenue partially offset by a $0.5 million decrease in cost and operating expenses for 2019 compared to 2018.
text: We adopted ASC 606, effective January 1, 2018. Consistent with the modified retrospective transaction method, our results of operations for periods prior to the adoption of ASC 606 remain unchanged. As a result, the change in total revenues from 2018 to 2019 included a component of accounting policy change arising from the adoption of ASC 606.
text: The following table sets forth our consolidated statements of income data as a percentage of total revenues:

Questions:
question: Why was there a decrease in total revenues in 2019?
answer: driven by the $70.9 million decrease in fixed fee license revenue and the $4.0 million decrease in per-unit royalty revenue.
question: What was the decrease in total revenues from 2018 to 2019?
answer: $75.0 million
question: What led to $74.4 million decrease in net income?
answer: the $75.0 million decrease in total revenue partially offset by a $0.5 million decrease in cost and operating expenses for 2019 compared to 2018.
question: What is the change in Fixed fee license revenue from 2018 and 2019?
answer: -40.2
derivation: 35.1-75.3
scale: percent
question: What is the change in Per-unit royalty revenue between 2018 and 2019?
answer: 39.7
derivation: 64.0-24.3
scale: percent
question: What is the average Fixed fee license revenue for 2018 and 2019?
answer: 55.2
derivation: (35.1+75.3) / 2
scale: percent
As reported December 31, 2018
Effect of ASC 606 adoption
Amounts without adoption of ASC 606 December 31, 2018
Trade receivables, net
$172.3
$6.9
$179.2
Prepaid expenses and other current assets
67.3
(14.4)
52.9
Receivables from related parties
6.2
4.8
11.0
Computer software, net
405.6
(3.7)
401.9
Deferred contract costs, net
161.3
(17.2)
144.1
Other non-current assets
125.6
(7.0)
118.6
Total assets
3,653.4
(30.6)
3,622.8
Deferred revenues (current)
52.9
4.1
57.0
Deferred revenues (non-current)
106.8
(4.3)
102.5
Deferred income taxes
220.9
(8.1)
212.8
Total liabilities
1,866.9
(8.3)
1,858.6
Retained earnings
381.1
(22.3)
358.8
Total equity
1,786.5
(22.3)
1,764.2
Total liabilities and equity
3,653.4
(30.6)
3,622.8

text: Effect of ASC 606 as of December 31, 2018 and for the Year Ended December 31, 2018
text: The following table summarizes the effect of adopting ASC 606 on our Consolidated Balance Sheet (in millions):

Questions:
question: What were the Receivables from related parties as reported in 2018?
answer: 6.2
scale: million
question: What was the effect of ASC 606 adoption on net computer software?
answer: (3.7)
scale: million
question: What were the total assets without the adoption of ASC 606?
answer: 3,622.8
scale: million
question: What was the difference the effect of ASC 606 Adoption between Total Assets and Total Liabilities?
answer: 22.3
derivation: -8.3-(-30.6)
scale: million
question: What was total equity as a percentage of total liabilities and equity as reported in 2018?
answer: 48.9
derivation: 1,786.5/3,653.4
scale: percent
question: What was the difference in the reported amount in 2018 between net computer software and net deferred contract costs?
answer: 244.3
derivation: 405.6-161.3
scale: million
NOTE
2019
2018
Balance, January 1
(51)
(54)
Adoption of IFRS 9
–
(4)
Additions
(114)
(84)
Usage
103
91
Balance, December 31
10
(62)
(51)

text: CREDIT RISK
text: We are exposed to credit risk from operating activities and certain financing activities, the maximum exposure of which is represented by the carrying amounts reported in the statements of financial position.
text: We are exposed to credit risk if counterparties to our trade receivables and derivative instruments are unable to meet their obligations. The concentration of credit risk from our customers is minimized because we have a large and diverse customer base. There was minimal credit risk relating to derivative instruments at December 31, 2019 and 2018. We deal with institutions that have investment-grade credit ratings, and as such we expect that they will be able to meet their obligations. We regularly monitor our credit risk and credit exposure.
text: The following table provides the change in allowance for doubtful accounts for trade receivables.

Questions:
question: How is the maximum exposure to credit risk represented?
answer: represented by the carrying amounts reported in the statements of financial position
question: Why is the concentration of credit risk from customers minimized?
answer: because we have a large and diverse customer base
question: What are the periods considered in this context?
answer: 2019
2018
question: Which year was the amount for Usage larger?
answer: 2019
derivation: 103>91
question: What is the change in the amount for Usage in 2019?
answer: 12
derivation: 103-91
question: What is the average amount of Usage in 2018 and 2019?
answer: 97
derivation: (103+91)/2
Year Ended December 31,   
2019
2018
2017
Current:                         
Federal   
$ 18,682
$ 22,606
$ 53,998
State     
5,711
6,182
6,595
Foreign     
7,323
7,018
6,185
31,716
35,806
66,778
Deferred:                         
Federal     
(863 )    
(3,127 )    
1,590
State     
(326 )    
(674 )    
35
Foreign     
(212 )    
(464 )    
(51 ) 
(1,401 )    
(4,265 )    
1,574
Total  
$ 30,315
$ 31,541
$ 68,352

text: The components of our income tax provision for the years ended December 31, 2019, 2018 and 2017 are as follows (in thousands):
text: As a result of a loss in a foreign location, we have a net operating loss carry-forward (“NOL”) of approximately $0.3 million
available to offset future income. All $0.3 million of the NOL expires in 2025. We have established a valuation allowance for this
NOL because the ability to utilize it is not more likely than not.
text: We have tax credit carry-forwards of approximately $5.1 million available to offset future state tax. These tax credit carry-forwards
expire in 2020 to 2029. These credits represent a deferred tax asset of $4.0 million after consideration of the federal benefit of state tax
deductions. A valuation allowance of $1.8 million has been established for these credits because the ability to use them is not more
likely than not.
text: At December 31, 2019 we had approximately $58.2 million of undistributed earnings and profits. The undistributed earnings and
profits are considered previously taxed income and would not be subject to U.S. income taxes upon repatriation of those earnings, in
the form of dividends. The undistributed earnings and profits are considered to be permanently reinvested, accordingly no provision
for local withholdings taxes have been provided, however, upon repatriation of those earnings, in the form of dividends, we could be
subject to additional local withholding taxes.

Questions:
question: What is the federal tax in 2019?
answer: 18,682
scale: thousand
question: What is the foreign tax in 2019?
answer: 7,323
scale: thousand
question: What is the amount of undistributed earnings and profits in 2019?
answer: $58.2 million
question: Which year had the highest current federal tax?
answer: 2017
derivation: 53,998> 22,606> 18,682
question: What is the change in current federal taxes between 2018 and 2019?
answer: -3924
derivation: 18,682-22,606
scale: thousand
question: What is the change in tax payable between 2017 and 2018?
answer: 36811
derivation: 68,352-31,541
scale: thousand
Consumer
Adjusteda revenue £10,695m
Adjusteda operating profit £1,510m
2019 (IFRS 15)
2018 (IAS 18)
Change
Year to 31 March
£m
£m
£m
%
Adjusteda revenue
10,695
10,360
335
3
Adjusteda operating costs
8,161
7,984
177
2
Adjusteda EBITDA
2,534
2,376
158
7
Depreciation & amortisation
1,024
992
32
3
Adjusted a operating profit
1,510
1,384
126
9
Capital expenditure
994
919
75
8
Normalised free cash flowb
1,323
1,389
(66)
(5

text: We continue to experience challenging trends in both the high-end smartphone market and in the broadband market. However, with leading mobile and fixed networks, improving customer experience, three strong brands and further enhancements to BT Plus, with 5G coming imminently, we are well placed for the future.
text: Adjusteda revenue growth of 3% for the year was driven by the continued increase in handset costs for customers, growth in the SIMonly base across all brands and the impact of price increases, partially offset by solus voice price reductions.
text: Adjusteda EBITDA grew 7% for the year as the revenue growth was partially offset by increased trading costs.
text: Capital expenditure growth of 8% was driven by increased network spend as preparations were made for the EE 5G launch in 2019. Normalised free cash flowb was £1,323m, down 5% on last year as the increase in EBITDA was offset by the settlement at the start of the year of the Phones4U dispute relating to the retail trading agreement, and increased capital expenditure.
text: Mobile churnc was stable at 1.2% for the year, whilst fixed churnc was up from 1.3% to 1.4% reflecting the impact of price increases in the year.
text: a Adjusted measures exclude specific items, as explained in the Additional Information on page 185. b Free cash flow after net interest paid, before pension deficit payments (including the cash tax benefit of pension deficit payments) and specific items.

Questions:
question: What was the Adjusted revenue change?
answer: 3%
question: What was the Adjusted EBITDA change?
answer: 7%
question: What was the reason for capital expenditure growth?
answer: driven by increased network spend as preparations were made for the EE 5G launch in 2019.
question: What was the average Adjusted EBITDA for 2018 and 2019?
answer: 2455
derivation: (2,534 + 2,376) / 2
scale: million
question: What  was the EBITDA margin in 2019?
answer: 0.24
derivation: 2,534 / 10,695
question: What is the average Adjusteda operating costs for 2018 and 2019?
answer: 8072.5
derivation: (8,161 + 7,984) / 2
scale: million
Year Ended December 31,
2019
2018
(In thousands)
Revenues
$6,490
$7,859
(Loss) from operations
$(7,488)
$(6,322)
(Loss) from operations as a % of revenues
(115)%
(80)%

text: Asia Pacific
text: Asia Pacific net revenues decreased $1.4 million in 2019 compared to 2018 (see “Revenues” above). Asia Pacific expenses decreased $203,000 from 2018 to 2019. This decrease was primarily due to a $503,000 decrease of salary expense, offset partially by a $303,000 increase in member acquisition costs.
text: Foreign currency movements relative to the U.S. dollar negatively impacted our local currency loss from our operations in Asia Pacific by approximately $136,000 for 2019. Foreign currency movements relative to the U.S. dollar positively impacted our local currency loss from our operations in Asia Pacific by approximately $127,000 for 2018.

Questions:
question: What is the amount of revenues in 2019 and 2018 respectively?
answer: $6,490
$7,859
scale: thousand
question: What is the loss from operations in 2019 and 2018 respectively?
answer: 7,488
6,322
scale: thousand
question: How much did Asia Pacific expenses decrease by from 2018 to 2019?
answer: $203,000
question: Which year has a higher amount of revenue?
answer: 2018
derivation: Look at COL3 and COL4 and compare the values for revenues in Row 4 
question: What is the average amount of revenues in 2018 and 2019?
answer: 7174.5
derivation: (6,490+ 7,859)/2
scale: thousand
question: What is the percentage change in revenue from 2018 to 2019?
answer: -17.42
derivation: (6,490-7,859)/7,859
scale: percent
ASSUMPTIONS USED
GROUPS OF CGUs
PERPETUITY GROWTH RATE
DISCOUNT RATE
Bell Wireless
0.8%
9.1%
Bell Wireline
1.0%
6.0%
Bell Media
1.0%
8.0%

text: IMPAIRMENT TESTING
text: As described in Note 2, Significant accounting policies, goodwill is tested annually for impairment by comparing the carrying value of a CGU or group of CGUs to the recoverable amount, where the recoverable amount is the higher of fair value less costs of disposal or value in use.
text: VALUE IN USE
text: The value in use for a CGU or group of CGUs is determined by discounting five-year cash flow projections derived from business plans reviewed by senior management. The projections reflect management’s expectations of revenue, segment profit, capital expenditures, working capital and operating cash flows, based on past experience and future expectations of operating performance.
text: Cash flows beyond the five-year period are extrapolated using perpetuity growth rates. None of the perpetuity growth rates exceed the long-term historical growth rates for the markets in which we operate.
text: The discount rates are applied to the cash flow projections and are derived from the weighted average cost of capital for each CGU or group of CGUs.
text: The following table shows the key assumptions used to estimate the recoverable amounts of the groups of CGUs.
text: The recoverable amounts determined in a prior year for the Bell Wireless and Bell Wireline groups of CGUs exceed their corresponding current carrying values by a substantial margin and have been carried forward and used in the impairment test for the current year. We believe that any reasonable possible change in the key assumptions on which the estimate of recoverable amounts of the Bell Wireless or Bell Wireline groups of CGUs is based would not cause their carrying amounts to exceed their recoverable amounts.
text: For the Bell Media group of CGUs, a decrease of (1.1%) in the perpetuity growth rate or an increase of 0.8% in the discount rate would have resulted in its recoverable amount being equal to its carrying value.

Questions:
question: How is goodwill tested annually for impairment?
answer: by comparing the carrying value of a CGU or group of CGUs to the recoverable amount, where the recoverable amount is the higher of fair value less costs of disposal or value in use
question: What do the five-year cash flow projections derived from business plans reflect?
answer: management’s expectations of revenue, segment profit, capital expenditures, working capital and operating cash flows, based on past experience and future expectations of operating performance
question: What is the percentage for Bell Wireless when discount rate assumption is used?
answer: 9.1%
question: How many components are there under the groups of CGUs?
answer: 3
derivation: Bell Wireless##Bell Wireline##Bell Media
question: What is the difference in the perpetuity growth rate between Bell Wireless and Bell Wireline?
answer: 0.2
derivation: 1.0%-0.8%
scale: percent
question: What is the difference in the discount rate between Bell Wireline and Bell Media?
answer: 2
derivation: 8.0%-6.0%
scale: percent
Years Ended December 31,
2019
2018
2017
Income from continuing operations
$56,495
$147,149
$136,101
Income from continuing operations attributable to noncontrolling interest
34
86
—
Income from continuing operations attributable to Advanced Energy Industries, Inc.
$56,461
$147,063
$136,101
Basic weighted-average common shares outstanding
38,281
39,081
39,754
Assumed exercise of dilutive stock options and restricted stock units
214
271
422
Diluted weighted-average common shares outstanding
38,495
39,352
40,176
Continuing operations:
Basic earnings per share
$ 1.47
$ 3.76
$  3.42
Diluted earnings per share
$ 1.47
$ 3.74
$  3.39

text: ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
text: NOTE 6. EARNINGS PER SHARE
text: Basic earnings per share (“EPS”) is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding during the period. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding (using the if-converted and treasury stock methods), if our outstanding stock options and restricted stock units had been converted to common shares, and if such assumed conversion is dilutive.
text: The following is a reconciliation of the weighted-average shares outstanding used in the calculation of basic and diluted earnings per share for the years ended December 31, 2019, 2018 and 2017:

Questions:
question: How was Basic earnings per share (“EPS”) computed by the company?
answer: by dividing income available to common stockholders by the weighted-average number of common shares outstanding during the period.
question: What was the Income from continuing operations attributable to Advanced Energy Industries, Inc. in 2017?
answer: $136,101
scale: thousand
question: What was the Basic weighted-average common shares outstanding in 2019?
answer: 38,281
scale: thousand
question: What was the change in Assumed exercise of dilutive stock options and restricted stock units between 2018 and 2019?
answer: -57
derivation: 214-271
scale: thousand
question: What was the change in Diluted weighted-average common shares outstanding between 2018 and 2019?
answer: -857
derivation: 38,495-39,352
scale: thousand
question: What was the percentage change in Income from continuing operations between 2017 and 2018?
answer: 8.12
derivation: ($147,149-$136,101)/136,101
scale: percent
Year Ended December 31
2019
2018
Common stock, vested at issuance and nonvested at issuance
$721
$555
Stock options
354
132
Restricted stock units
225
103
Compensation expense related to common stock awards issued under equity incentive plan
$          1,300
$            790

text: Equity Incentive Plan
text: Our board of directors administers the plan, determines vesting schedules on plan awards and may accelerate the vesting schedules for award recipients. The stock options granted under the plan have terms of up to 10 years. As of December 31, 2019, awards for the purchase of 4,236,719 shares have been granted and remain outstanding (common stock options, common stock and restricted stock units) and 2,063,281 shares are reserved for future grants under the 2014 Plan.
text: Share-based compensation expenses related to stock options, stock and restricted stock units issued to employees and directors are included in selling, general and administrative expenses. The following table provides a detail of share-based compensation expense (in thousands).

Questions:
question: What are the respective values of stock options in 2018 and 2019?
answer: 132
354
scale: thousand
question: What are the respective values of restricted stock units  in 2018 and 2019?
answer: 103
225
scale: thousand
question: What are the respective values of common stock in 2018 and 2019?
answer: $555
$721
scale: thousand
question: What is the change in the common stock value between 2018 and 2019?
answer: 166
derivation: 721 - 555 
scale: thousand
question: What is the total value of stock options in 2018 and 2019?
answer: 486
derivation: 354 + 132 
scale: thousand
question: What is the average value of stock options in 2018 and 2019?
answer: 243
derivation: (354 + 132)/2 
scale: thousand
Years Ended December 31,
2019
2018
2017
Average daily utilization
$87,800
$106,189
$268,775
Interest expense (1)
$3,465
$3,817
$6,668
Weighted average interest rate (1)
3.9%
3.6%
2.5%

text: The following table presents information related to our credit agreements (dollars in thousands):
text: (1) Excludes the amortization of deferred loan fees and includes the commitment fee.
text: In January 2018, the Company repaid $175.0 million of long-term debt outstanding under its 2015 Credit Agreement, primarily using funds repatriated from its foreign subsidiaries.

Questions:
question: What was the interest expense in 2019?
answer: $3,465
scale: thousand
question: What does interest expense exclude?
answer: the amortization of deferred loan fees and includes the commitment fee.
question: In which years is information related to the credit agreements provided?
answer: 2019
2018
2017
question: In which year was the amount of Interest expense the smallest?
answer: 2019
derivation: 3,465<3,817<6,668
question: What was the change in Interest expense in 2019 from 2018?
answer: -352
derivation: $3,465-$3,817
scale: thousand
question: What was the percentage change in Interest expense in 2019 from 2018?
answer: -9.22
derivation: ($3,465-$3,817)/$3,817
scale: percent