next-tat/TAT-QA huggingface dataset:
Rights and licenses
Internally generated software
Software under development
Total
Movements
$'000
$'000
$'000
$'000
At 30 June 2019
Cost
13
12,961
16,284
29,259
Accumulated amortisation
-
(5,580)
-
(5,580)
Netbook amount
13
7,381
16,284
23,678
30 June 2018
Opening net book amount at 1 July 2017
43
442
8,053
8,538
Additions – externally acquired
13
-
5,253
5,266
Additions – internally developed
-
-
1,256
1,256
Amortisation
(43)
(1,746)
-
(1,789)
Transfers
-
7,563
(7,563)
-
Transfer between classes
-
744
-
744
Disposals
-
(618)
(490)
(1,108)
Closing net book amount
13
6,385
6,509
12,907
At 30 June 2018
Cost
104
9,555
6,509
16,168
Accumulated amortisation
(91)
(3,170)
-
(3,261)
Net book amount
13
6,385
6,509
12,907

text: 11 Intangible assets (continued)
text: (a) Intangible assets
text: RIGHTS AND LICENCES
text: Certain licences that NEXTDC possesses have an indefinite useful life and are carried at cost less impairment losses and are subject to impairment review at least annually and whenever there is an indication that it may be impaired.
text: Other licences that NEXTDC acquires are carried at cost less accumulated amortisation and accumulated impairment losses. Amortisation is recognised on a straight-line basis over the estimated useful life. The estimated useful life and amortisation method are reviewed at the end of each annual reporting period.
text: INTERNALLY GENERATED SOFTWARE
text: Internally developed software is capitalised at cost less accumulated amortisation. Amortisation is calculated using the straight-line basis over the asset’s useful economic life which is generally two to three years. Their useful lives and potential impairment are reviewed at the end of each financial year.
text: SOFTWARE UNDER DEVELOPMENT
text: Costs incurred in developing products or systems and costs incurred in acquiring software and licenses that will contribute to future period financial benefits through revenue generation and/or cost reduction are capitalised to software and systems. Costs capitalised include external direct costs of materials and services and employee costs.
text: Assets in the course of construction include only those costs directly attributable to the development phase and are only recognised following completion of technical feasibility and where the Group has an intention and ability to use the asset.

Questions:
question: How was internally developed software capitalised?
answer: at cost less accumulated amortisation.
question: How much was the closing net book amount for software under development in 2019?
answer: 16,284
scale: thousand
question: What was the total cost for 2019?
answer: 29,259
scale: thousand
question: What was the percentage change in cost of software under development between 2018 and 2019?
answer: 150.18
derivation: (16,284 - 6,509) / 6,509 
scale: percent
question: Which year have greater total accumulated amortisation? 
answer: 2019
derivation: 2019: (5,580) vs 2018: (3,261)
question: What was the difference between total opening and closing net book account in 2018?
answer: 4369
derivation: 12,907 - 8,538 
scale: thousand
December 31, 2019
December 31, 2018
Allowance for doubtful accounts, beginning balance
$319
$983
Increase (decrease) of provision
(72)
(26)
Write-offs
(195)
(638)
Allowance for doubtful accounts, ending balance
$52
$319

text: 6. Other Balance Sheet Account Details
text: Allowance for Doubtful Accounts
text: The following table presents the changes in the allowance for doubtful accounts (in thousands):

Questions:
question: What data is covered by the table?
answer: Allowance for Doubtful Accounts
question: What is the allowance for doubtful accounts as at December 31, 2019?
answer: $52
scale: thousand
question: What is the allowance for doubtful accounts as at December 31, 2018?
answer: $319
scale: thousand
question: What is the total allowance for doubtful accounts, ending balance between 2018 and 2019?
answer: 371
derivation: 52+319
scale: thousand
question: What is the sum of the write-offs in 2018 and 2019?
answer: 833
derivation: 195 + 638 
scale: thousand
question: What is the percentage change in allowance for doubtful accounts, ending balance between 2018 and 2019?
answer: -83.7
derivation: (52 - 319)/319 
scale: percent
($ in millions)
For the year ended December 31:
2019
2018
Yr.-to-Yr. Percent Change
Selling, general and administrative expense
Selling, general and administrative—other
$17,099
$16,438
4.0%
Advertising and promotional expense
1,647
1,466
12.3
Workforce rebalancing charges
555
598
(7.2)
Amortization of acquired intangible assets
762
435
74.9
Stock-based compensation
453
361
25.2
Bad debt expense
89
67
32.5
Total consolidated selling, general and administrative expense
$20,604
$19,366
6.4%
Non-operating adjustments
Amortization of acquired intangible assets
(762)
(435)
74.9
Acquisition-related charges
(282)
(15)
NM
Operating (non-GAAP) selling, general and administrative expense
$19,560
$18,915
3.4%

text: Selling, General and Administrative Expense
text: NM—Not meaningful
text: Total selling, general and administrative (SG&A) expense increased 6.4 percent in 2019 versus 2018, driven primarily by the following factors: • Higher spending (5 points) driven by Red Hat spending (5 points); and • Higher acquisition-related charges and amortization of acquired intangible assets associated with the Red Hat acquisition (3 points); partially offset by • The effects of currency (2 points).
text: Operating (non-GAAP) expense increased 3.4 percent year to year primarily driven by the same factors excluding the acquisition-related charges and amortization of acquired intangible assets associated with the Red Hat transaction.

Questions:
question: What caused the Total selling, general and administrative (SG&A) expense to increase?
answer: Higher spending (5 points) driven by Red Hat spending (5 points); and • Higher acquisition-related charges and amortization of acquired intangible assets associated with the Red Hat acquisition (3 points); partially offset by • The effects of currency (2 points).
question: What caused the Operating (non-GAAP) expense to increase?
answer: driven by the same factors excluding the acquisition-related charges and amortization of acquired intangible assets associated with the Red Hat transaction.
question: What were the Bad debt expenses in 2019?
answer: 89
scale: million
question: What was the increase / (decrease) in the Selling, general and administrative—other from 2018 to 2019?
answer: 661
derivation: 17,099 - 16,438
scale: million
question: What was the average of Advertising and promotional expense?
answer: 1556.5
derivation: (1,647 + 1,466) / 2
scale: million
question: What is the increase / (decrease) in the Stock-based compensation from 2018 to 2019?
answer: 92
derivation: 453 - 361
scale: million
Fiscal Years Ended March 31,
2019
2018
2017
Net income (U.S. GAAP) (1)
$206,587
$254,127
$47,157
Non-GAAP adjustments:
Income tax expense (benefit)
(39,460)
9,132
4,294
Interest expense, net
19,204
32,073
39,731
Depreciation and amortization
52,628
50,661
38,151
EBITDA (non-GAAP) (1)
238,959
345,993
129,333
Excluding the following items:
Equity (income) loss from equity method investments
3,304
(76,192)
(41,643)
Acquisition (gain) loss
—
(130,880)
—
Change in value of TOKIN options
—
—
(10,700)
(Gain) loss on write down and disposal of long-lived assets
1,660
(992)
10,671
ERP integration costs/IT transition costs
8,813
80
7,045
Stock-based compensation
12,866
7,657
4,720
Restructuring charges (2)
8,779
14,843
5,404
R&D grant reimbursements and grant income
(4,559)
—
—
Legal expenses/fines related to antitrust class actions
11,896
16,636
2,640
Net foreign exchange (gain) loss
(7,230)
13,145
(3,758)
TOKIN investment-related expenses
—
—
1,101
Plant start-up costs (2)
(927)
929
427
Loss on early extinguishment of debt
15,946
486
—
Adjusted EBITDA (non-GAAP) (1)
$289,507
$191,705
$105,240

text: The following table provides reconciliation from U.S. GAAP Net income to non-GAAP Adjusted EBITDA (amounts in thousands):
text: (1) Fiscal years ending March 31, 2018 and 2017 adjusted due to the adoption of ASC 606.
text: (2) $0.9 million in costs incurred during fiscal year 2018 related to the relocation of the Company's tantalum powder facility equipment from Carson City, Nevada to its existing Matamoros, Mexico plant were reclassified from “Plant start-up costs” to “Restructuring charges” during fiscal year 2019.

Questions:
question: What was the net interest expense in 2019?
answer: 19,204
scale: thousand
question: What was the depreciation and amortization in 2017?
answer: 38,151
scale: thousand
question: Which years does the table provide information for the reconciliation from U.S. GAAP Net income to non-GAAP Adjusted EBITDA?
answer: 2019
2018
2017
question: What was the change in the Net foreign exchange (gain) loss between 2017 and 2018?
answer: 16903
derivation: 13,145-(-3,758)
scale: thousand
question: What was the change in the Loss on early extinguishment of debt between 2018 and 2019?
answer: 15460
derivation: 15,946-486
scale: thousand
question: What was the percentage change in the net interest expense between 2018 and 2019?
answer: -40.12
derivation: (19,204-32,073)/32,073
scale: percent
April 27, 2019
April 28, 2018
April 29, 2017
Numerator:
Net Income (in millions)
$91.6
$57.2
$92.9
Denominator:
Denominator for Basic Earnings Per Share-Weighted Average Shares
Outstanding and Vested/Unissued Restricted Stock Units
37,405,298
37,281,630
37,283,096
Dilutive Potential Common Shares-Employee Stock Options,
Restricted Stock Awards and Restricted Stock Units
264,262
260,269
202,605
Denominator for Diluted Earnings Per Share
37,669,560
37,541,899
37,485,701
Basic and Diluted Income Per Share:
Basic Income Per Share
$2.45
$1.54
$2.49
Diluted Income Per Share
$2.43
$1.52
$2.48

text: 8. Income Per Share
text: Basic income per share is calculated by dividing net earnings by the weighted average number of common shares outstanding for the applicable period. Diluted income per share is calculated after adjusting the denominator of the basic income per share calculation for the effect of all potential dilutive common shares outstanding during the period. The following table sets forth the computation of basic and diluted income per share:
text: For fiscal 2019, options and RSUs of 83,939 were excluded from the computation of diluted net income per share as their effect would have been anti-dilutive. For fiscal 2018 and fiscal 2017, the Company had no options or RSUs that were excluded from the computation of diluted net income per shares. RSAs for 594,382 shares in fiscal 2019, 363,413 shares in fiscal 2018 and 779,000 shares in fiscal 2017 were excluded from the calculation of diluted net income per share as these awards contain performance conditions that would not have been achieved as of the end of each reporting period had the measurement period ended as of that date.

Questions:
question: How is basic income per share calculated?
answer: by dividing net earnings by the weighted average number of common shares outstanding for the applicable period.
question: What amount of RSUs were excluded from the computation of diluted net income per share?
answer: 83,939
question: What were the RSAs in 2019, 2018 and 2017 respectively?
answer: 594,382
363,413
779,000
question: What was the change in the Net income from 2018 to 2019?
answer: 34.4
derivation: 91.6 - 57.2
scale: million
question: What is the average Outstanding and Vested/Unissued Restricted Stock Units for 2017-2019?
answer: 37323341.33
derivation: (37,405,298 + 37,281,630 + 37,283,096) / 3
question: In which year was Basic Income Per Share less than 2.0?
answer: 2018
derivation: locate and analyze Basic Income Per Share in row 12
Vessel
Built in
Deadweight Tons
Delivered to NAT in
Nordic Freedom
2005
159,331
2005
Nordic Moon
2002
160,305
2006
Nordic Apollo
2003
159,998
2006
Nordic Cosmos
2003
159,999
2006
Nordic Grace
2002
149,921
2009
Nordic Mistral
2002
164,236
2009
Nordic Passat
2002
164,274
2010
Nordic Vega
2010
163,940
2010
Nordic Breeze
2011
158,597
2011
Nordic Zenith
2011
158,645
2011
Nordic Sprinter
2005
159,089
2014
Nordic Skier
2005
159,089
2014
Nordic Light
2010
158,475
2015
Nordic Cross
2010
158,475
2015
Nordic Luna
2004
150,037
2016
Nordic Castor
2004
150,249
2016
Nordic Sirius
2000
150,183
2016
Nordic Pollux
2003
150,103
2016
Nordic Star
2016
159,000
2016
Nordic Space
2017
159,000
2017
Nordic Tellus
2018
157,000
2018
Nordic Aquarius
2018
157,000
2018
Nordic Cygnus
2018
157,000
2018

text: 1. NATURE OF BUSINESS
text: Nordic American Tankers Limited (“NAT”) was formed on June 12, 1995 under the laws of the Islands of Bermuda. The Company’s shares trade under the symbol “NAT” on the New York Stock Exchange. The Company was formed for the purpose of acquiring and chartering out double-hull tankers.
text: The Company is an international tanker company that currently has a fleet of 23 Suezmax tankers. The Company has not disposed of or acquired new vessels in 2019. The 23 vessels the Company operated per December 31, 2019, average approximately 156,000 dwt each. In 2019, 2018 and 2017, the Company chartered out its operating vessels primarily in the spot market.
text: The Company’s Fleet
text: The Company’s current fleet consists of 23 Suezmax crude oil tankers of which the vast majority have been built in Korea.

Questions:
question: What are the respective years that Nordic Freedom is built and delivered to NAT?
answer: 2005
2005
question: What are the respective years that Nordic Moon is built and delivered to NAT?
answer: 2002
2006
question: What are the respective years that Nordic Apollo is built and delivered to NAT?
answer: 2003
2006
question: What is the average weight of the Nordic Freedom and Nordic Moon?
answer: 159818
derivation: (159,331 + 160,305)/2 
question: What is the average weight of the Nordic Apollo and Nordic Cosmos?
answer: 159998.5
derivation: (159,998 + 159,999)/2 
question: What is the average weight of the Nordic Grace and Nordic Mistrals?
answer: 157078.5
derivation: (149,921 + 164,236)/2
Years Ended September 30,
2019
2018
2017
(in thousands)
United States
$ (535)
$ (51,049)
$ (70,566)
Foreign
52,881
65,935
59,484
Total
$ 52,346
$ 14,886
$ (11,082)

text: NOTE 13—INCOME TAXES
text: On December 22, 2017, the U.S. government enacted the Tax Act, which includes provisions for Global Intangible Low-Tax Income (GILTI) under which taxes on foreign income are imposed on the excess of a deemed return on tangible assets of foreign subsidiaries. Consistent with accounting guidance, we have elected to account for the tax on GILTI as a period cost and thus have not adjusted any net deferred tax assets of our foreign subsidiaries in connection with the Tax Act.
text: Due to the complexity of the Tax Act, the Securities and Exchange Commission issued guidance in SAB 118 which clarified the accounting for income taxes under ASC 740 if certain information was not yet available, prepared or analyzed in reasonable detail to complete the accounting for income tax effects of the Tax Act. SAB 118 provided for a measurement period of up to one year after the enactment of the Tax Act, during which time the required analyses and accounting must be completed. During fiscal year 2018, we recorded provisional amounts for the income tax effects of the changes in tax law and tax rates, as reasonable estimates were determined by management during this period. These amounts did not change in fiscal year 2019.
text: The SAB 118 measurement period ended on December 22, 2018. Although we no longer consider these amounts to be provisional, the determination of the Tax Act’s income tax effects may change following future legislation or further interpretation of the Tax Act based on the publication of recently proposed U.S. Treasury regulations and guidance from the Internal Revenue Service and state tax authorities.
text: Income (loss) from continuing operations before income taxes includes the following components (in thousands):

Questions:
question: The Securities and Exchange Commission issued guidance in SAB 118 provided what form of clarification?
answer: the accounting for income taxes under ASC 740 if certain information was not yet available, prepared or analyzed in reasonable detail to complete the accounting for income tax effects of the Tax Act
question: How may the determination of the Tax Act's income tax effects change?
answer: following future legislation or further interpretation of the Tax Act based on the publication of recently proposed U.S. Treasury regulations and guidance from the Internal Revenue Service and state tax authorities
question: What are the components recorded under income (loss) from continuing operations before income taxes?
answer: United States
Foreign
question: In which year was the amount under Foreign the smallest?
answer: 2019
derivation: 52,881<59,484<65,935
question: What is the change in the amount under Foreign in 2019 from 2018?
answer: -13054
derivation: 52,881-65,935
scale: thousand
question: What is the percentage change in the amount under Foreign in 2019 from 2018?
answer: -19.8
derivation: (52,881-65,935)/65,935
scale: percent
Fiscal Year Ended
December 28, 2019
December 29, 2018
December 30, 2017
(Dollars in thousands)
Interest income
$2,714
$1,356
$548
Weighted average balance of cash and investments
$179,526
$138,467
$124,637
Weighted average yield on cash and investments  
2.05 %
1.51 %
0.84 %
Interest expense
$1,915
$3,314
$4,491
Average debt outstanding
$56,776
$90,086
$127,598
Weighted average interest rate on debt
4.09 %
3.98 %
3.07 %

text: Interest Income and Interest Expense
text: Interest income is earned on our cash, cash equivalents, restricted cash and marketable securities. The increase in interest income in fiscal 2019 compared to fiscal 2018 was attributable to higher investment yields, related in part to longer duration investments, as well as higher average investment balances.
text: Interest expense primarily includes interest on our term loans, partially offset by income from our interest-rate swap derivative contracts, as well as term loan issuance costs amortization charges. The decrease in interest expense in fiscal 2019 compared to fiscal 2018 was primarily due to lower outstanding debt balances related to the CMI acquisition as a result of principal payments made, partially offset by additional interest expense related to the term loan originated to finance the acquisition of FRT.
text: Other Income (Expense), Net
text: Other income (expense), net primarily includes the effects of foreign currency impact and various other gains and losses.

Questions:
question: How is Interest income earned?
answer: on our cash, cash equivalents, restricted cash and marketable securities.
question: What is the change in Interest income from Fiscal Year Ended December 28, 2019 to December 29, 2018?
answer: 1358
derivation: 2,714-1,356
scale: thousand
question: What is the change in Weighted average balance of cash and investments from Fiscal Year Ended December 28, 2019 to December 29, 2018?
answer: 41059
derivation: 179,526-138,467
scale: thousand
question: In which year was Interest income less than 1,000 thousands?
answer: 2017
derivation: locate and analyze Interest income in row 4
question: What was the Weighted average balance of cash and investments in 2019 and 2018 respectively?
answer: $179,526
$138,467
scale: thousand
question: What does interest expense include?
answer: interest on our term loans, partially offset by income from our interest-rate swap derivative contracts, as well as term loan issuance costs amortization charges.
Fiscal 2019
Purchase Consideration
Net Tangible Assets Acquired (Liabilities Assumed)
Purchased Intangible Assets
Goodwill
Duo
$2,025
$(57)
$342
$1,740
Luxtera
596
(19)
319
296
Others (three in total)
65
2
11
52
Total
$2,686
$(74)
$672
$2,088

text: 4. Acquisitions and Divestitures
text: (a) Acquisition Summary
text: We completed five acquisitions during fiscal 2019. A summary of the allocation of the total purchase consideration is presented as follows (in millions):
text: On September 28, 2018, we completed our acquisition of privately held Duo Security, Inc. (“Duo”), a leading provider of unified access security and multi-factor authentication delivered through the cloud. Revenue from the Duo acquisition has been included in our Security product category.
text: On February 6, 2019, we completed our acquisition of Luxtera, Inc. (“Luxtera”), a privately held semiconductor company. Revenue from the Luxtera acquisition has been included in our Infrastructure Platforms product category.
text: The total purchase consideration related to our acquisitions completed during fiscal 2019 consisted of cash consideration and vested share-based awards assumed. The total cash and cash equivalents acquired from these acquisitions was approximately $100 million.

Questions:
question: What did the total purchase consideration related to our acquisitions completed during fiscal 2019 consist of?
answer: cash consideration and vested share-based awards assumed
question: What company did the company acquire in fiscal 2019?
answer: Luxtera, Inc. (“Luxtera”), a privately held semiconductor company
question: What the purchase consideration from Luxtera?
answer: 596
scale: million
question: What was the difference in Goodwill between Duo and Luxtera?
answer: 1444
derivation: 1,740-296
scale: million
question: What was the difference in Purchased intangible assets between Luxtera and Others?
answer: 308
derivation: 319-11
scale: million
question: What is the acquisition with the highest Purchase Consideration?
answer: Duo
derivation: Under the column for Purchase Considerations, excluding the Total row,find the largest number and the corresponding acquisition in COL2
Year Ended December 31,
2019
2018
$
$
Fair value at the beginning of the year
12,026
30,749
Fair value on acquisition/issuance
—
2,330
Unrealized gain (loss) included in earnings
26,900
(21,053)
Realized loss included in earnings
(25,559)
—
Settlements
(13,367)
—
Fair value at the end of the year
—
12,026

text: Stock purchase warrants
text: Prior to the 2019 Brookfield Transaction, Teekay held 15.5 million common unit warrants (or the Brookfield Transaction Warrants) issued by Altera to Teekay in connection with the 2017 Brookfield Transaction (see Note 4) and 1,755,000 warrants to purchase common units of Altera issued to Teekay in connection with Altera's private placement of Series D Preferred Units in June 2016 (or the Series D Warrants). In May 2019, Teekay sold to Brookfield all of the Company’s remaining interests in Altera, which included, among other things, both the Brookfield Transaction Warrants and Series D Warrants.
text: Changes in fair value during the years ended December 31, 2019 and 2018 for the Company’s Brookfield Transaction Warrants and the Series D Warrants, which were measured at fair value using significant unobservable inputs (Level 3), are as follows:
text: (all tabular amounts stated in thousands of U.S. dollars, other than share data and unless otherwise indicated)

Questions:
question: What was the fair value at the end of the year in 2018?
answer: 12,026
scale: thousand
question: When did Teekay sell to Brookfield all of the Company’s remaining interests in Altera?
answer: May 2019
question: What was the Fair value at the beginning of the year for 2019 and 2018 respectively?
answer: 12,026
30,749
scale: thousand
question: In which year was Fair value at the beginning of the year less than 15,000 thousands?
answer: 2019
derivation: locate and analyze Fair value at the beginning of the year in row 4
question: What is the average Fair value on acquisition/issuance for 2018 and 2019?
answer: 1165
derivation: (0 + 2,330) / 2
scale: thousand
question: What is the change in the Fair value at the end of the year from 2018 to 2019?
answer: -12026
derivation: 0 - 12,026
scale: thousand