next-tat/TAT-QA huggingface dataset:
Year ended December 31,
Variance
2019
2018
$
%
Software Solutions
$123.9
$112.9
$11.0
10%
Data and Analytics
15.9
14.1
1.8
13%
Corporate and Other(1)
96.4
90.0
6.4
7%
Total
$236.2
$217.0
19.2
9%

text: Depreciation and Amortization
text: The following table sets forth depreciation and amortization by segment for the periods presented (in millions):
text: (1) Depreciation and amortization for Corporate and Other primarily represents net incremental depreciation and amortization adjustments associated with the application of purchase accounting recorded in accordance with GAAP.
text: The increase in Depreciation and Amortization is primarily driven by implementation of new clients, accelerated amortization of deferred contract costs and hardware and software placed in service.

Questions:
question: Why did Depreciation and Amortization increase?
answer: implementation of new clients, accelerated amortization of deferred contract costs and hardware and software placed in service.
question: Which years does the table provide information for depreciation and amortization by segment?
answer: 2019
2018
question: What was the dollar variance for Data and Analytics?
answer: 1.8
scale: million
question: What was the difference in the percent variance between Software Solutions and Data and Analytics?
answer: 3
derivation: 13-10
scale: percent
question: What was the average depreciation and amortization for Software Solutions between 2018 and 2019?
answer: 118.4
derivation: (123.9+112.9)/2
scale: million
question: What was the average total depreciation and amortization between 2018 and 2019?
answer: 226.6
derivation: (236.2+217.0)/2
scale: million
Year Ended December 31,
2019
2018
2017
2016
2015
Consolidated Statement of Operations Data
(Dollars in thousands except share and per share data)
Net sales
$ 245,862
$193,237
$152,359
$129,707
$113,505
Cost of goods sold
131,665
103,247
79,943
69,336
58,856
Gross profit
114,197
89,990
72,416
60,371
54,649
Selling, general and administrative expenses
114,450
94,876
75,167
62,586
58,297
Loss from operations
(253)
(4,886)
(2,751)
(2,215)
(3,648)
Other income (expenses), net
5
(102)
(525)
(182)
449
Interest expense
(991)
(296)
(910)
(698)
(455)
Loss before income taxes
(1,239)
(5,284)
(4,187)
(3,095)
(3,653)
Income tax expense
144
77
75
66
58
Net loss attributable to common stockholders
$(1,383)
$(5,361)
$(4,262)
$(3,161)
$(3,711)
Net loss per share
Basic
$(0.04)
$(0.15)
$(0.12)
$(0.09)
$(0.11)
Diluted
$(0.04)
$(0.15)
$(0.12)
$(0.09)
$(0.11)
Weighted Average shares of common stock outstanding
Basic
35,950,117
35,329,170
34,487,239
33,674,416
33,497,940
Diluted
35,950,117
35,329,170
34,487,239
33,674,416
33,497,940

text: ITEM 6. SELECTED FINANCIAL DATA
text: The following selected consolidated financial data should be read together with our consolidated financial statements and accompanying notes and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” appearing elsewhere in this report. The selected consolidated financial data in this section is not intended to replace our consolidated financial statements and the accompanying notes. Our historical results are not necessarily indicative of our future results.
text: We derived the consolidated statements of operations data for the fiscal years ended December 31, 2019, 2018 and 2017 and the consolidated balance sheets data as of December 31, 2019 and 2018 from our audited consolidated financial statements appearing elsewhere in this report. The consolidated statement of operations data for the years ended December 31, 2016 and 2015 and the consolidated balance sheet data as of December 31, 2017, 2016 and 2015 have been derived from our audited consolidated financial statements, which are not included in this report.

Questions:
question: Which financial years' information is shown in the table?
answer: 2015
2016
2017
2018
2019
question: What are the 2 types of shares seen in the table?
answer: Basic
Diluted
question: What is the net loss per basic share as at each financial year end between 2015-2019 respectively?
answer: $(0.11)
$(0.09)
$(0.12)
$(0.15)
$(0.04)
question: What is the percentage change in net sales from 2018 to 2019?
answer: 27.23
derivation: (245,862-193,237)/193,237
scale: percent
question: What is the percentage change in cost of goods sold from 2018 to 2019?
answer: 27.52
derivation: (131,665-103,247)/103,247
scale: percent
question: What is the percentage change in gross profit from 2018 to 2019 year end?
answer: 26.9
derivation: (114,197-89,990)/89,990
scale: percent
2019
(Restated) 2018
£m
£m
Trade payables
4.3
3.7
Accruals
10.5
9.8
Other taxes and social security
13.0
11.8
Deferred income
13.2
1.8
Other payables
0.3
0.9
Accrued interest payable
0.5
0.5
Total
41.8
28.5

text: 20. Trade and other payables
text: Following the application of IFRS 16, trade and other payables for the year ended 31 March 2018 have been restated (note 2).
text: Trade payables are unsecured and are usually paid within 30 days of recognition. The carrying amounts of trade and other payables are considered to be the same as their fair values, due to their short-term nature.

Questions:
question: When are trade payables paid?
answer: within 30 days of recognition
question: Why are trade payables in 2018 restated in the table?
answer: Following the application of IFRS 16
question: In which years were the components in trade and other payables calculated in?
answer: 2019
2018
question: In which year were Trade payables larger?
answer: 2019
derivation: 4.3>3.7
question: What was the change in trade payables in 2019 from 2018?
answer: 0.6
derivation: 4.3-3.7
scale: million
question: What was the percentage change in trade payables in 2019 from 2018?
answer: 16.22
derivation: (4.3-3.7)/3.7
scale: percent
2019
2018
(in thousands)
Land
$16,561
$16,561
Buildings
107,282
105,935
Machinery, equipment and software
834,970
752,722
Furniture and fixtures
29,157
27,432
Leasehold improvements
59,378
52,536
Construction in progress
2,537
6,276
1,049,885
961,462
Less: accumulated depreciation
729,669
681,641
$320,216
$279,821

text: G. PROPERTY, PLANT AND EQUIPMENT
text: Property, plant and equipment, net consisted of the following at December 31, 2019 and 2018:
text: Depreciation of property, plant and equipment for the years ended December 31, 2019, 2018, and 2017 was $70.8 million, $67.4 million, and $66.1 million, respectively. As of December 31, 2019 and 2018, the gross book value included in machinery and equipment for internally manufactured test systems being leased by customers was $5.4 million and $5.5 million, respectively. As of December 31, 2019 and 2018, the accumulated depreciation on these test systems was $5.1 million and $5.2 million, respectively.

Questions:
question: What was the amount of Depreciation of property, plant and equipment in 2019?
answer: $70.8 million
question: What was the accumulated depreciation on the test systems in 2019?
answer: $5.1 million
question: In which years was Property, plant and equipment, net calculated?
answer: 2019
2018
question: In which year was Construction in progress larger?
answer: 2018
derivation: 6,276>2,537
question: What was the change in the amount of Land from 2018 to 2019?
answer: 0
derivation: 16,561-16,561
scale: thousand
question: What was the percentage change in the amount of Land from 2018 to 2019?
answer: 0
derivation: (16,561-16,561)/16,561
scale: percent
2019
2018
2017
Currently payable:
Federal
$1,995
$1,163
$5,617
State
557
114
1,022
Foreign
13,448
107,487
116,022
16,000
108,764
122,661
Deferred and other:
Federal
(407)
26,334
1,413
State
516
(489)
(153)
Foreign
(9,886)
(20,414)
(30,510)
(9,777)
5,431
(29,250)
Provision for income taxes
$6,223
$114,195
$93,411

text: 16. INCOME TAXES
text: The provision for (benefit from) income taxes on income from continuing operations before income taxes consists of the following (in thousands):

Questions:
question: What was the Provision for income taxes in 2019?
answer: $6,223
scale: thousand
question: What was the currently payable federal income tax in 2019?
answer: $1,995
scale: thousand
question: In which years was provision for income taxes calculated?
answer: 2019
2018
2017
question: In which year was Provision for income taxes largest?
answer: 2018
derivation: 114,195>93,411>6,223
question: What was the change in state income taxes that is currently payable in 2019 from 2018?
answer: 443
derivation: 557-114
scale: thousand
question: What was the percentage change in state income taxes that is currently payable in 2019 from 2018?
answer: 388.6
derivation: (557-114)/114
scale: percent
Years Ended June 30,
(in millions, except per share data)
2019
2018
2017
Net income
$167.0
$188.5
$47.0
Less: earnings and dividends allocated to participating securities
(1.9)
(1.7)
(0.3)
Earnings available for common shareholders used in calculation of basic earnings per share
$165.1
$186.8
$46.7
Weighted average number of common shares outstanding, basic
47.7
47.2
47.0
Basic earnings per common share
$3.46
$3.96
$0.99
Net income
$167.0
$188.5
$47.0
Less: earnings and dividends allocated to participating securities
(1.9)
(1.7)
(0.3)
Earnings available for common shareholders used in calculation of diluted earnings per share
$165.1
$186.8
$46.7
Weighted average number of common shares outstanding, basic
47.7
47.2
47.0
Effect of shares issuable under share-based compensation plans
0.4
0.4
0.1
Weighted average number of common shares outstanding, diluted
48.1
47.6
47.1
Diluted earnings per common share
$3.43
$3.92
$0.99

text: 5. Earnings per Common Share
text: The calculations of basic and diluted earnings per common share for the years ended June 30, 2019, 2018 and 2017 were as follows:

Questions:
question: What was the Diluted earnings per common share in 2019?
answer: $3.43
question: What was the Basic earnings per common share in 2018?
answer: $3.96
question: In which years is the diluted earnings per common share calculated?
answer: 2019
2018
2017
question: In which year was the Weighted average number of common shares outstanding, basic largest?
answer: 2019
derivation: 47.7>47.2>47.0
question: What was the change in Weighted average number of common shares outstanding, basic in 2019 from 2018?
answer: 0.5
derivation: 47.7-47.2
scale: million
question: What was the percentage change in Weighted average number of common shares outstanding, basic in 2019 from 2018?
answer: 1.06
derivation: (47.7-47.2)/47.2
scale: percent
Year-ended 31 March 2019
Year-ended 31 March 2018
$M
$M
Directors’ emoluments
2.3
3.3
Gains on exercise of share options
3.6
3.5
Gains on vesting of LTIP awards
14.5
4.2
Total Directors’ remuneration
20.4
11.0

text: 12 Directors’ Remuneration
text: Directors’ emoluments represent all earnings and aggregate contributions to pension schemes made during the year as a Director of Sophos Group plc and its subsidiaries. Further details can be found in the Group’s Remuneration Report on pages 91 to 101.

Questions:
question: What do the directors' emoluments represent?
answer: all earnings and aggregate contributions to pension schemes made during the year as a Director of Sophos Group plc and its subsidiaries
question: Where can further details of the directors' emoluments be found?
answer: in the Group’s Remuneration Report on pages 91 to 101
question: What are the components considered when calculating the total directors' remuneration?
answer: Directors’ emoluments
Gains on exercise of share options
Gains on vesting of LTIP awards
question: In which year was the amount of Gains on exercise of share options larger?
answer: 2019
derivation: 3.6>3.5
question: What was the change in Total Directors’ remuneration in 2019 from 2018?
answer: 9.4
derivation: 20.4-11.0
scale: million
question: What was the percentage change in Total Directors’ remuneration in 2019 from 2018?
answer: 85.45
derivation: (20.4-11.0)/11.0
scale: percent
FY19
FY18
$m
$m
Operating cashflow
836.3
868.3
Tax
(128.6)
(194.5)
IRU / finance lease payments
(5.5)
(34.1)
Capex - BAU
(198.7)
(258.0)
Capex - mobile spectrum
(352.4)
(597.3)
Capex - mobile networks (Aus)
(86.1)
(38.7)
Capex - mobile networks (Sg)
(80.1)
(62.3)
Free cashflow
(15.1)
(316.6)

text: Free cashflow
text: The Group achieved another year of strong cashflow performance with operating cashflow for FY19 of $836.3m again exceeding EBITDA. Tax payments in FY19 were significantly lower than the prior year because FY18 included tax paid on the capital gain realised on the sale of investments in FY17.
text: Capital expenditure
text: Business as usual (‘BAU’) capital expenditure of $198.7m was $59.3m lower than last year principally due to the substantial completion in the prior year of the build for the VHA fibre contract.
text: Mobile spectrum capex of $352.4m in FY19 reflects the payment during the year of the second instalment for the Australian 700MHz spectrum acquired at auction in April 2017. The first instalment of $597.3m was paid in FY18 and the third and final instalment of $352.4m is payable in January 2020. A further $86.1m of capex was also incurred in FY19 in relation to the Australian mobile network rollout up until the project ceased. This expenditure on spectrum and mobile assets in Australia was partly impaired as part of the impairment review that was undertaken following the cessation of the project as described above.
text: Capex for the mobile network build in Singapore in FY19 was $80.1m taking the aggregate capex incurred on the project up to $147m (excluding spectrum).

Questions:
question: Why was there a change in the BAU capital expenditure from FY18 to FY19?
answer: Due to the substantial completion in the prior year of the build for the VHA fibre contract.
question: Which capital expenditures had increased from FY18 to FY19?
answer: Capex - mobile networks (Aus)
Capex - mobile networks (Sg)
question: Why was there a change in tax payments from FY18 to FY19?
answer: Because FY18 included tax paid on the capital gain realised on the sale of investments in FY17.
question: What is the total cost of the Australian 700MHz spectrum?
answer: 1302.1
derivation: 352.4 + 597.3 + 352.4
scale: million
question: What is the percentage change of free cashflow from FY18 to FY19?
answer: -95.23
derivation: (15.1 - 316.6) / 316.6
scale: percent
question: How much capital expenditure was incurred on the Singapore project prior to FY19?
answer: 66.9
derivation: 147 - 80.1
scale: million
31 March 2019
31 March 2018 Restated See note 2
$M
$M
Current
Trade receivables
128.7
151.8
Prepayments
26.9
23.1
Deferral of contract acquisition costs
31.5
29.5
Other receivables
8.2
6.4
Total current trade and other receivables
195.3
210.8
Non-current
Deferral of contract acquisition costs
15.1
16.2
Other receivables
1.3
1.3
Total non-current trade and other receivables
16.4
17.5

text: 20 Trade and Other Receivables
text: Trade receivables are non interest-bearing and are generally on 30–90 day payment terms depending on the geographical territory in which sales are generated. The carrying value of trade and other receivables also represents their fair value. During the year-ended 31 March 2019 a provision for impairment of $0.6M (2018: $0.6M) was recognised in operating expenses against receivables.
text: The net contract acquisition expense deferred within the Consolidated Statement of Profit or Loss was $0.9M of the total $259.9M of Sales and Marketing costs (2018: $8.4M / $239.9M).

Questions:
question: What represents the fair value of trade and other receivables?
answer: The carrying value of trade and other receivables
question: What was recognised in operating expenses against receivables in 2019?
answer: a provision for impairment of $0.6M (2018: $0.6M)
question: What are the components comprising the total non-current trade and other receivables?
answer: Deferral of contract acquisition costs
Other receivables
question: In which year was the amount of Prepayments larger?
answer: 2019
derivation: 26.9>23.1
question: What was the change in trade receivables in 2019 from 2018?
answer: -23.1
derivation: 128.7-151.8
scale: million
question: What was the percentage change in trade receivables in 2019 from 2018?
answer: -15.22
derivation: (128.7-151.8)/151.8
scale: percent
December 31,
Depreciable
(dollars in millions)
2019
2018
Lives (Years)
Land and rights-of-way
$117.2
$117.2
20 - Indefinite
Buildings and leasehold improvements
315.4
305.2
5 - 40
Network equipment
4,044.6
3,913.3
2 - 50
Office software, furniture, fixtures and vehicles
229.3
216.3
2-14
Construction in process
38.9
47.1
n/a
Gross value
4,745.4
4,599.1
Accumulated depreciation
(2,964.6)
(2,755.1)
Property, plant and equipment, net
$1,780.8
$1,844.0

text: 6. Property, Plant and Equipment
text: Property, plant and equipment is comprised of the following:
text: Depreciation expense on property, plant and equipment, including assets accounted for as finance leases, totaled $290.2 million in 2019, $239.6 million in 2018 and $190.4 million in 2017. The portion of depreciation expense associated with cost of providing services was 87%, 85% and 84% in 2019, 2018 and 2017, respectively. There are numerous assets included within network equipment resulting in a range of depreciable lives between 2 and 50 years, the majority of which fall within the range of 7 to 25 years
text: No asset impairment losses were recognized in 2019, 2018 or 2017 on property, plant and equipment.

Questions:
question: How many years is the minimum lifespan of the land and rights-of-way?
answer: 20
question: What is the total depreciation expense incurred by the company between 2017 to 2019?
answer: 720.2
derivation: $(290.2 + 239.6 + 190.4) 
scale: million
question: What is the change in accumulated depreciation for PPE between December 31, 2018 and 2019?
answer: 7.6
derivation: (2,964.6 - 2,755.1)/2,755.1 
scale: percent
question: What is the asset impairment loss recognised by the company on PPE between 2017 to 2019?
answer: 0
question: What is the portion of depreciation expense associated with cost of providing services in 2019?
answer: 87%
question: What is the total network equiption between 2018 to 2019?
answer: 7957.9
derivation: 4,044.6+3,913.3
scale: million
2019
2018
£m
£m
Trade payables
57.9
57.4
Contract liabilities
8.7
8.9
Social security
5.6
5.1
Other payables
37.8
37.6
Accruals
64.8
58.0
Total trade and other payables
174.8
167.0

text: 19 Trade and other payables
text: Contract liabilities relate to advance payments received from customers which have not yet been recognised as revenue. £8.3m of the contract liabilities at 31st December 2018 was recognised as revenue during 2019 (2018: £3.0m).

Questions:
question: What do contract liabilities relate to?
answer: advance payments received from customers which have not yet been recognised as revenue
question: How much of contract liabilities at 31st December 2018 was recognised as revenue during 2019?
answer: £8.3m
question: What are the components making up total trade and other payables?
answer: Trade payables
Contract liabilities
Social security
Other payables
Accruals
question: In which year was the amount of trade payables larger?
answer: 2019
derivation: 57.9>57.4
question: What was the change in accruals in 2019 from 2018?
answer: 6.8
derivation: 64.8-58.0
scale: million
question: What was the percentage change in accruals in 2019 from 2018?
answer: 11.72
derivation: (64.8-58.0)/58.0
scale: percent
At December 31,
2019
2018
Internally-developed software costs
$345
$291
Payments made to third-party software developers
31
38
Total software development costs
$376
$329

text: 5. Software Development and Intellectual Property Licenses
text: The following table summarizes the components of our capitalized software development costs (amounts in millions):
text: As of both December 31, 2019 and December 31, 2018, capitalized intellectual property licenses were not material.

Questions:
question: What were the Internally-developed software costs in 2019?
answer: 345
scale: million
question: What was the amounts of Payments made to third-party software developers in 2019?
answer: 31
scale: million
question: What was the total software development costs in 2018?
answer: 329
scale: million
question: What was the change in Internally-developed software costs between 2018 and 2019?
answer: 54
derivation: $345-$291
scale: million
question: What was the change in payments made to third-party software developers between 2018 and 2019?
answer: -7
derivation: 31-38
scale: million
question: What was the percentage change in total software development costs between 2018 and 2019?
answer: 14.29
derivation: ($376-$329)/$329
scale: percent
Year Ended December31,
2019
2018
U.S.
200.4
231.0
International
58.2
68.0
$258.6
$299.0

text: 18. Geographic Information
text: Property and equipment, net by geography was as follows:
text: No individual international country represented more than 10% of property and equipment, net in any period presented.

Questions:
question: What information does the table show?
answer: Property and equipment, net by geography
question: What are the two geographic regions listed in the table?
answer: U.S.
International
question: Which financial years' information is shown in the table?
answer: 2018
2019
question: What is the average net property and equipment for 2018 and 2019 in U.S?
answer: 215.7
derivation: (200.4+231.0)/2
question: What is the average net property and equipment for 2018 and 2019 Internationally?
answer: 63.1
derivation: (58.2+68.0)/2
question: Between 2018 and 2019, which year has higher net property and equipment in U.S.?
answer: 2018
derivation: 231.0>200.4
Financial income and expenses
SEK million
2018
2017
Reported in prior years
Reported in prior years
–316 
–372 
Financial expenses
–2,389 
–843 
Total
–2,705 
–1,215 
SEK million
2018
2017
Restated
Financial income
151
–50 
Financial expenses
–2,032 
–1,570 
Net foreign exchange gains and losses
–824 
405
Total
-2,705
–1,215

text: Restatement – changes to the presentation of financial income and expenses
text: Due to the significant variations in SEK exchange rates during the year, the Company has considered the change in reporting of foreign exchange effect to reflect how foreign exchange transaction risk is managed on a net basis in the Company. Previously foreign exchange effects were reported within both financial income and financial expenses depending on whether they relate to assets or liabilities.
text: In note F2, “Financial income and expenses,” the foreign exchange effect is now presented as a net amount, reported separately from other financial income and expenses items. The comparative years 2018 and 2017 have been
restated to reflect the new presentation of Financial income and expenses, net. The restatement does not impact the total net financial income and expenses reported in prior years.
text: The following table shows the impact of the restatement:
text: In line with this change the Company also elected to present all financial income and expenses, including the foreign exchange effect, on the income statement as a single line item Financial income and expenses, net. Previously,
financial income and financial expenses were presented as separate line items on the income statement. The income statement for all comparative years 2018 and 2017 have been restated to reflect the new presentation of Financial
income and expenses, net.

Questions:
question: What is the restated financial income in 2018?
answer: 151
scale: million
question: What is the restated total of financial income, expenses and net foreign exchange gains and losses in 2017?
answer: –1,215
scale: million
question: What is the restated total of financial income, expenses and net foreign exchange gains and losses in 2018?
answer: -2,705
scale: million
question: What is the change between the total of financial income, expenses and net foreign exchange gains and losses in 2018 and 2017?
answer: -1490
derivation: -2,705-(-1,215)
scale: million
question: What is the change in financial income between 2018 and 2017?
answer: 201
derivation: 151-(-50)
scale: million
question: What is the change in the net foreign exchange gains and losses between 2018 and 2017?
answer: -1229
derivation: -824-405
scale: million