next-tat/TAT-QA huggingface dataset:
Period
Total Number of Shares Repurchased
Average Price Paid per Share
Total Number of Shares Purchased as part of a Publicly Announced Program
Maximum Dollar Value of shares that may yet be purchased under the Repurchase Program
October 1, 2019 through October 31, 2019
-
-
- -
$12,544,543
November 1, 2019 through November 30, 2019
274,681
$4.82
191,354
$11,620,641
December 1, 2019 through December 31, 2019
374,490
$4.70
374,490
$9,859,153
Total shares repurchased
649,171
$4.75
565,844
$9,859,153

text: Net Settlement of Equity Awards
text: The majority of restricted stock units are subject to vesting. The underlying shares of common stock are issued when the restricted stock units vest. The majority of participants choose to participate in a broker-assisted automatic sales program to satisfy their applicable tax withholding requirements. We do not treat the shares sold pursuant to this automatic sales program as common stock repurchases.
text: In the fourth quarter of 2019, we withheld 83,327 shares through net settlements (where the award holder receives the net of the shares vested, after surrendering a portion of the shares back to the Company for tax withholding) for restricted stock units that vested for some of our executive officers.
text: The following table provides a summary of the Company’s repurchase of common stock under the Repurchase Program and shares surrendered back to the Company for tax withholding on restricted stock units that vested under our equity incentive programs in the three months ended December 31, 2019:

Questions:
question: What is the Maximum Dollar Value of shares that may yet be purchased under the Repurchase Program during October 1, 2019 through October 31, 2019 and during November 1, 2019 through November 30, 2019 respectively?
answer: 12,544,543
11,620,641
question: What is the total number of shares repurchased for December 1, 2019 through December 31, 2019 and for November 1, 2019 through November 30, 2019 respectively?
answer: 374,490
274,681
question: When are the underlying shares of common stock issued?
answer: when the restricted stock units vest.
question: What is the total Maximum Dollar Value of shares that may yet be purchased under the Repurchase Program during October 1, 2019 through November 30, 2019?
answer: 24165184
derivation: 12,544,543+11,620,641
question: What is the percentage change in total Number of Shares Purchased as part of a Publicly Announced Program from November to December 2019?
answer: 95.71
derivation: (374,490-191,354)/191,354
scale: percent
question: From November 1 2019 to December 31 2019, how many months was the average price paid per share more than $4.72?
answer: 1
derivation: November
June 1, 2019
June 2, 2018
June 3, 2017
Net income (loss) attributable to Cal-Maine Foods, Inc.
$54,229
$125,932
$(74,278)
Basic weighted-average common shares (including Class A)
48,467
48,353
48,362
Effect of dilutive securities:
Common stock options and restricted stock
122
115
—
Dilutive potential common shares
48,589
48,468
48,362
Net income (loss) per common share:
Basic
$1.12
$2.60
$(1.54)
Diluted
$1.12
$2.60
$(1.54)

text: Net Income (Loss) per Common Share
text: Basic net income per share is based on the weighted average common and Class A shares outstanding. Diluted net income per share includes any dilutive effects of stock options outstanding and unvested restricted shares.
text: Basic net income per share was calculated by dividing net income by the weighted-average number of common and Class A shares outstanding during the period. Diluted net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period plus the dilutive effects of stock options and unvested restricted shares. Due to the net loss in the year ended June 3, 2017 restricted shares in the amount of 131,292 were excluded from the calculation of diluted earnings per share because their inclusion would have been
antidilutive. The computations of basic net income per share and diluted net income per share are as follows (in thousands):

Questions:
question: What is the increase in net income (loss) from 2018 to 2019?
answer: -71703
derivation: 54,229 - 125,932
scale: thousand
question: What is the number of common shares in the market in June 2019?
answer: 48,467
question: How is the diluted net income per share calculated?
answer: net income per share was calculated by dividing net income by the weighted-average number of common shares outstanding during the period plus the dilutive effects of stock options and unvested restricted shares
question: What is the number of common and restricted stock option in 2019?
answer: 122
question: What is the average of the last 3 years basic net income per common share?
answer: 0.73
derivation: (1.12 + 2.60 - 1.54) / 3
scale: thousand
question: What is the increase / decrease in the number of dilutive potential common shares from 2018 to 2019?
answer: 121
derivation: 48,589 - 48,468
Protected Period
Multiple of Annual Cash Compensation
Years of Welfare Benefits
CEO
2 years
3 times
3 years
Other Executives
1.5 years
2 times
2 years
Other Officers
1 year
1 time
1 year

text: COMPENSATION DISCUSSION AND ANALYSIS
IV. Our 2019 Compensation Program and Components of Pay The table below shows (i) the length of the “protected period” afforded to officers following a change of control and (ii) the multiple of salary and bonus payment and years of welfare benefits to which officers will be entitled if change of control benefits become payable under our agreements and related policies:
text: For more information on change of control arrangements applicable to our executives, including our rationale for
providing these benefits, see “Executive Compensation—Potential Termination Payments—Payments Made
Upon a Change of Control.” For information on change of control severance benefits payable to our junior
officers and managers, see “—Severance Benefits” in the next subsection below.

Questions:
question: What does 'Protected Period' in the table refer to?
answer: “protected period” afforded to officers following a change of control
question: Under what conditions would officers be entitled to the years of welfare benefits?
answer: if change of control benefits become payable under our agreements and related policies
question: Which types of officers are listed in the table?
answer: CEO
Other Executives
Other Officers
question: Which type of officer has the longest protected period?
answer: CEO
derivation: 2>1.5>1
question: What is the difference in the protected period between CEO and Other Executives?
answer: 0.5
derivation: 2-1.5
question: What is the average protected period?
answer: 1.5
derivation: (2+1.5+1)/3
A$ Million
FY19
FY18
Variance %
Operating revenue
231.3
230.8
0.2%
Underlying EBITDA 1, 3
55.8
60.0
(7.0%)
Underlying NPAT 3
24.0
29.5
(18.7%)
Underlying NPATA 2, 3
33.7
38.7
(12.9%)
Basic EPS based on underlying NPATA (cents) 2
17.1
19.8
(13.6%)

text: Financials
text: 1. EBITDA is a non-IFRS term, defined as earnings before interest, tax, depreciation and amortisation, and excluding net foreign exchange gains (losses).
text: 2. NPATA is a non-IFRS term, defined as net profit after tax, excluding tax-effected amortisation of acquired intangibles. This is used to determine EPSa as disclosed here and in the audited Remuneration Report.
text: 3. Underlying EBITDA, underlying NPAT and underlying NPATA exclude separately disclosed items, which represent the transaction and other restructuring costs associated with the Sigma acquisition (2018: Enoro acquisition) and the exiting of a premises lease in the Americas. Further details of the separately disclosed items are outlined in Note 4 to the Financial Report.
text: Operating revenue for FY19 was $231.3 million, $0.5 million up on FY18. With Sigma contributing $5.0 million of revenue in June (the first month since acquisition), revenues for the remainder of Hansen excluding Sigma were $4.5 million lower. This decline was a result of lower non-recurring revenues, due primarily to both lower one-off licence fees and reduced project work following the large body of work completed in the first half of FY18 associated with implementing Power of Choice in Australia. Conversely, recurring revenues grew to represent 63% of total operating revenue.
text: Underlying EBITDA for the year was $55.8 million, 7.0% down on the $60.0 million in FY18. This resulted in an underlying EBITDA margin decline to 24.1% from 26.0% in FY18. Sigma only contributed a modest $0.1 million of EBITDA in June, which we do not see as representative of the business going forward. Excluding Sigma, the underlying EBITDA margin was 24.6%. This reduced margin was the direct result of the lower non-recurring revenue, as we were able to maintain operating expenses at the same level as FY18, even after the investment in the Vietnam Development Centre.

Questions:
question: What was the operating revenue for 2019?
answer: $231.3 million
question: Why did the operating revenue increase?
answer: With Sigma contributing $5.0 million of revenue in June (the first month since acquisition), revenues for the remainder of Hansen excluding Sigma were $4.5 million lower. This decline was a result of lower non-recurring revenues, due primarily to both lower one-off licence fees and reduced project work following the large body of work completed in the first half of FY18 associated with implementing Power of Choice in Australia.
question: What was the underlying EBITDA for 2019?
answer: 55.8
scale: million
question: What was the average operating revenue for the two FYs?
answer: 231.05
derivation: (231.3 + 230.8)/2 
scale: million
question: What was the difference between EBITDA and NPAT for FY18?
answer: 30.5
derivation: 60.0 - 29.5 
scale: million
question: What was the average basic EPS for the 2 FYs?
answer: 18.45
derivation: (17.1 + 19.8)/2
Year Ended December 31
2019
2018
Goodwill, beginning of period
$       3,178
$           -
Golden Ridge acquisition
-
3,178
MGI acquistion
737
-
Goodwill, end of period
$3,915
$3,178

text: NOTE 9. GOODWILL AND INTANGIBLES
text: A summary of goodwill activity follows (in thousands).

Questions:
question: What are the respective goodwill at the end of the period in 2018 and 2019?
answer: $3,178
$3,915
scale: thousand
question: What is the value of the goodwill from the Golden Ridge acquisition in 2018?
answer: 3,178
scale: thousand
question: What is the value of the goodwill from the MGI acquisition in 2019?
answer: 737
scale: thousand
question: What is the percentage change in goodwill at the end of the period at 2018 and 2019?
answer: 23.19
derivation: (3,915 - 3,178)/3,178 
scale: percent
question: What is the total goodwill obtained from acquisitions in 2018 and 2019?
answer: 3915
derivation: 3,178 + 737 
scale: thousand
question: What is the difference in goodwill between the acquisitions made in 2018 and 2019?
answer: 2441
derivation: 3,178 - 737 
scale: thousand
(In millions)
2019 vs. 2018
2018 vs. 2017
Net sales
$ (137.2)
$ (43.4)
Cost of sales
98.4
31.7
Selling, general and administrative expenses
16.3
1.0
Net earnings
(15.7)
(8.2)
Non-U.S. GAAP Adjusted EBITDA
(25.3)
(11.1)

text: Foreign Currency Translation Impact on Consolidated Financial Results
text: Since we are a U.S. domiciled company, we translate our foreign currency-denominated financial results into US Dollars. Due to the changes in the value of foreign currencies relative to the US Dollar, translating our financial results from foreign currencies to US Dollars may result in a favorable or unfavorable impact. Historically, the most significant currencies that have impacted the translation of our consolidated financial results are the euro, the Australian dollar, the Mexican peso, the British pound, the Canadian dollar, the Brazilian real and the Chinese Renminbi.
text: The following table presents the approximate favorable or (unfavorable) impact foreign currency translation had on certain of our consolidated financial results

Questions:
question: What currency is translated to by the company for financial results?
answer: US Dollars
question: Historically, what currencies have impacted  the translation of their consolidated financial results most significantly?
answer: euro, the Australian dollar, the Mexican peso, the British pound, the Canadian dollar, the Brazilian real and the Chinese Renminbi.
question: What does the table show?
answer: The following table presents the approximate favorable or (unfavorable) impact foreign currency translation had on certain of our consolidated financial results
question: What is the total favourable impact foreign currency translation had on certain of their consolidated financial results? 
answer: 147.4
derivation: 98.4+31.7+16.3+1.0
scale: million
question: What is the difference between the impact of cost of sales for 2019 vs. 2018 and 2018 vs. 2017?
answer: 66.7
derivation: 98.4-31.7
scale: million
question: What is the percentage change of the impact of Net sales of 2019 vs. 2018 from 2018 vs. 2017?
answer: 216.13
derivation: (137.2-43.4)/43.4
scale: percent
April 26, 2019
April 27, 2018 (2)
April 28, 2017 (2)
April 29, 2016
April 24, 2015
(In millions)
Cash, cash equivalents and short-term investments
$ 3,899
$ 5,391
$ 4,921
$ 5,303
$ 5,326
Working capital
$ 1,743
$ 3,421
$ 2,178
$ 2,786
$ 4,064
Total assets
$ 8,741
$ 9,991
$ 9,562
$ 10,037
$ 9,401
Total debt
$ 1,793
$ 1,926
$ 1,993
$ 2,339
$ 1,487
Total deferred revenue and financed unearned services revenue
$ 3,668
$ 3,363
$ 3,213
$ 3,385
$ 3,197
Total stockholders' equity
$ 1,090
$ 2,276
$ 2,949
$ 2,881
$ 3,414

text: Item 6. Selected Financial Data
text: The following selected consolidated financial data set forth below was derived from our historical audited consolidated financial statements and should be read in conjunction with Item 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations and Item 8 – Financial Statements and Supplementary Data, and other financial data included elsewhere in this Annual Report on Form 10-K. Our historical results of operations are not indicative of our future results of operations.
text: (2) Fiscal 2018 and 2017 have been adjusted for our retrospective adoption of the new accounting standard Revenue from Contracts with Customers (ASC 606). Refer to Note 7 – Revenue of the Notes to Consolidated Financial Statements for details.

Questions:
question: What was the working capital in 2019?
answer: 1,743
scale: million
question: What years does the table provide information for total assets?
answer: 2019
2018
2017
2016
2015
question: What was the total debt in 2015?
answer: 1,487
scale: million
question: What was the change in working capital between 2015 and 2016?
answer: -1278
derivation: 2,786-4,064
scale: million
question: How many years did total assets exceed $10,000 million?
answer: 1
derivation: 2016
question: What was the percentage change in Total stockholders' equity between 2018 and 2019?
answer: -52.11
derivation: (1,090-2,276)/2,276
scale: percent
For the Year Ended December 31,
2019
2018
2017
Revenue (U.S.):
Subscription and returns
Tax determination
$203,584
$147,847
$114,575
Tax returns and compliance management
127,815
91,239
74,454
Interest income on funds held for customers
3,213
1,055
-
Total subscription and returns
334,612
240,141
189,029
Professional services
24,399
15,126
12,476
Total revenue (U.S.)
359,011
255,267
201,505
Total revenue (non U.S.)
23,410
16,831
11,654
Total revenue
$382,421
$272,098
$213,159

text: Disaggregation of Revenue
text: The following table disaggregates revenue generated within the United States (U.S.) from revenue generated from customers outside of the U.S. Revenue
for transaction tax compliance in the U.S. is further disaggregated based on the solutions or services purchased by customers. Total revenues consisted of the
following (in thousands):

Questions:
question: What are the total revenue earned in 2017 and 2018 respectively?
answer: $213,159
$272,098
scale: thousand
question: What are the total revenue earned in 2019 and 2018 respectively?
answer: $382,421
$272,098
scale: thousand
question: What are the revenue generated from the U.S. in 2018 and 2019 respectively?
answer: 255,267
359,011
scale: thousand
question: What is the percentage change in total revenue between 2017 and 2018?
answer: 27.65
derivation: (272,098 - 213,159)/213,159 
scale: percent
question: What is the percentage change in total revenue between 2018 and 2019?
answer: 40.55
derivation: (382,421 - 272,098)/272,098 
scale: percent
question: What is the value of the U.S. generated revenue as a percentage of the 2018 total revenue?
answer: 93.81
derivation: 255,267/272,098 
scale: percent
Number of Shares (thousands)
Weighted-Average Exercise Price
Weighted-Average Remaining Contractual Term (years)
Aggregate Intrinsic Value(1) (thousands)
Outstanding as of December 31, 2018
4,674
$5.19
Granted
—
$ —
Exercised
(842)
$2.84
Canceled
(130)
$9.41
Outstanding as of December 31, 2019
3,702
$5.57
3.52
$6,395
Vested and exercisable as of December 31, 2019
3,427
$5.49
3.56
$6,210

text: Stock options
text: The following tables summarize our stock option activities and related information:
text: (1) The aggregate intrinsic value represents the excess of the closing price of our common stock of $6.87 as of December 31, 2019 over theexercise price of the outstanding in-the-money options.

Questions:
question: What is the number of outstanding shares granted as of December 31, 2018? 
answer: 4,674
scale: thousand
question: What is the number of shares exercised as of December 31, 2018? 
answer: (842)
scale: thousand
question: What is the number of shares canceled as of December 31, 2018? 
answer: (130)
scale: thousand
question: What is the total amount spent on the canceled shares?
answer: -1223.3
derivation: (130)* $9.41 
scale: thousand
question: What is difference on the aggregate intrinsic value between Outstanding and Vested and exercisable as of December 31, 2019?
answer: 185
derivation: $6,395-$6,210
scale: thousand
question: What is the difference in outstanding shares as of December 31, 2018 and 2019?
answer: 972
derivation: 4,674 - 3,702 
scale: thousand
Amount Reclassified from AOCI
Years Ended June 30,
($ in millions) (a)
Location of gain (loss)
2019
2018
Details about AOCI Components
Cash flow hedging items
Commodity contracts
Cost of sales
$5.1
$1.8
Foreign exchange contracts
Net sales
1.0
(1.0)
Forward interest rate swaps
Interest expense
0.4
0.4
Total before tax
6.5
1.2
Tax expense
(1.6)
(0.4)
Net of tax
$4.9
$0.8
Amortization of pension and other postretirement benefit plan items
Net actuarial loss
(b)
$(12.0)
$(16.4)
Prior service cost
(b)
3.1
3.1
Total before tax
(8.9)
(13.3)
Tax benefit
2.1
4.4
Net of tax
$(6.8)
$(8.9)

text: The following is a summary of amounts reclassified from AOCI for the years ended June 30, 2019 and 2018:
text: (a) Amounts in parentheses indicate debits to income/loss.
text: (b) These AOCI components are included in the computation of net periodic benefit cost (see Note 11 for additional details).

Questions:
question: What do the amounts in parentheses in the table indicate?
answer: debits to income/loss.
question: Where are Net actuarial loss and Prior service cost included?
answer: in the computation of net periodic benefit cost (see Note 11 for additional details).
question: In which years is information on the amounts reclassified from AOCI provided?
answer: 2019
2018
question: In which year was the amount of tax benefit larger?
answer: 2018
derivation: 4.4>2.1
question: What was the change in Forward interest rate swaps in 2019 from 2018?
answer: 0
derivation: 0.4-0.4
scale: million
question: What was the percentage change in Forward interest rate swaps in 2019 from 2018?
answer: 0
derivation: (0.4-0.4)/0.4
scale: percent
December 31,
2019
2018
Deferred revenue
$3,012
$3,655
Customer arrangements with termination rights
15,024
16,404
Estimated refund liabilities
8,585
10,117
$26,621
$30,176

text: Deferred Revenue and Customer Liabilities
text: Deferred revenue and customer liabilities consisted of the following (in thousands):
text: The Company expects to recognize the majority of its deferred revenue as of December 31, 2019 over the next 180 days. Revenues of $3.7 million were recognized during the year ended December 31, 2019 from amounts included in deferred revenue at December 31, 2018. Revenues of $4.4 million were recognized during the year ended December 31, 2018 from amounts included in deferred revenue at January 1, 2018.
text: The Company expects to recognize the majority of the customer arrangements with termination rights into revenue as the Company has not historically experienced a high rate of contract terminations.
text: Estimated refund liabilities are generally resolved in 180 days, once it is determined whether the requisite service levels and client requirements were achieved to settle the contingency.

Questions:
question: Why does the Company expect to recognize the majority of the customer arrangements with termination rights into revenue?
answer: as the Company has not historically experienced a high rate of contract terminations.
question: How long do the estimated refund liabilities take to be generally resolved?
answer: 180 days, once it is determined whether the requisite service levels and client requirements were achieved to settle the contingency.
question: What are the different types of components making up the deferred revenue and customer liabilities?
answer: Deferred revenue
Customer arrangements with termination rights
Estimated refund liabilities
question: In which year was deferred revenue larger?
answer: 2018
derivation: 3,655>3,012
question: What was the change in deferred revenue in 2019 from 2018?
answer: -643
derivation: 3,012-3,655
scale: thousand
question: What was the percentage change in deferred revenue in 2019 from 2018?
answer: -17.59
derivation: (3,012-3,655)/3,655
scale: percent
Three Months Ended
% Variation
December 31, 2019
September 29, 2019
December 31, 2018
Sequential
Year-Over-Year
(Unaudited, in millions)
Selling, general and administrative expenses
$(285)
$(267)
$(285)
(6.3)%
0.4%
Research and development expenses
(387)
(362)
(345)
(7.0)
(12.3)
Total operating expenses
$(672)
$(629)
$(630)
(6.7)%
(6.6)%
As percentage of net revenues
(24.4)%
(24.7)%
(23.8)%
+30 bps
-60 bps

text: The amount of our operating expenses increased by $43 million on a sequential basis, mainly driven by seasonality and salary dynamic.
text: On a year-over-year basis, our operating expenses increased by $42 million, mainly due to salary dynamic and increased spending on certain R&D programs, partially offset by favorable currency effects, net of hedging.
text: Fourth quarter 2019 R&D expenses were net of research tax credits in France and Italy, which amounted to $37 million, compared to $29 million in the third quarter of 2019 and $39 million in the fourth quarter of 2018.

Questions:
question: Why did on sequential basis the operating expenses increased?
answer: driven by seasonality and salary dynamic.
question: Why did on year-over-year basis the operating expenses increased?
answer: mainly due to salary dynamic and increased spending on certain R&D programs, partially offset by favorable currency effects, net of hedging.
question: How much did the R&D expenses account for in the fourth quarter of 2019?
answer: $37 million
question: What is the average Selling, general and administrative expenses for the period December 31, 2019 and September 29, 2019?
answer: 276
derivation: (285+267) / 2
scale: million
question: What is the average Research and development expenses for the period December 31, 2019 and 2018?
answer: 366
derivation: (387+345) / 2
scale: million
question: What is the increase/ (decrease) in total operating expenses from the period December 31, 2018 to 2019?
answer: 42
derivation: 672-630
scale: million