next-tat/TAT-QA huggingface dataset:
As at December 31,
2019
2018
Pension benefits
$8,566
$10,905
Other post-employment benefits
23,508
21,330
Accrued benefit liabilities
$32,074
$32,235

text: In October 2013, the Company ceased to allow new employees to join certain defined benefit plans, except under certain circumstances, and commenced a defined contribution pension plan for new employees.
text: The Company made contributions of $1.2 million for various defined contribution arrangements during 2019 (December 31, 2018 — $0.9 million).
text: The Company’s funding policy is to make contributions to its defined benefit pension funds based on actuarial cost methods as permitted and required by pension regulatory bodies. Contributions reflect actuarial assumptions concerning future investment returns, salary projections and future service benefits. Plan assets are represented primarily by Canadian and foreign equity securities, fixed income instruments and short-term investments.
text: The Company provides certain health care and life insurance benefits for some of its retired employees and their dependents. Participants are eligible for these benefits generally when they retire from active service and meet the eligibility requirements for the pension plan. These benefits are funded primarily on a pay-as-you-go basis, with the retiree generally paying a portion of the cost through contributions, deductibles and coinsurance provisions.
text: The balance sheet obligations, distributed between pension and other post-employment benefits, included in other long-term liabilities (Note 23) were as follows:

Questions:
question: When did the company crease to allow new employees to join certain defined benefit plans, except under certain circumstances?
answer: October 2013
question: What are the respective contributions made by the company for various defined contribution arrangements in 2018 and 2019 respectively?
answer: $0.9
$1.2
scale: million
question: What are the company's respective accrued benefit liabilities as at December 31, 2018 and 2019 respectively?
answer: $32,235
$32,074
question: What is the company's total accrued benefits as at December 31, 2018 and 2019?
answer: 64309
derivation: 32,235 +32,074 
question: What is the company's percentage change in other post-employment benefits between 2018 and 2019?
answer: 10.21
derivation: (23,508 - 21,330)/21,330 
scale: percent
question: What is the total pension benefits accrued by the company in 2018 and 2019?
answer: 19471
derivation: 8,566 + 10,905
Year ended March 31,
(In thousands, except per share data)
2019
2018
2017
2016
2015
Operating results
Net revenue
$140,842
$127,360
$127,678
$120,366
$103,514
Gross profit
73,880
64,417
63,785
68,106
60,081
Operating loss
(13,081)
(12,080)
(11,408)
(4,313)
(12,467)
Operating loss, net of taxes
(13,164)
(8,350)
(11,721)
(3,765)
(11,497)
Net loss
$(13,164)
$(8,350)
$(11,721)
$(3,765)
$(11,497)
Per share data (1)
Basic and diluted
Net loss
$(0.57)
$(0.37)
$(0.52)
$(0.17)
$(0.51)
Weighted-average shares outstanding - basic and diluted
23,037
22,801
22,615
22,483
22,338
Balance sheet data at year end
Cash and cash equivalents
$40,771
$39,943
$49,255
$60,608
$75,067
Working capital
20,707
19,343
27,183
41,401
54,407
Total assets
163,591
157,207
167,305
185,157
181,525
Total debt
57
177
237
333
189
Total shareholders’ equity
100,622
108,431
113,669
123,473
124,188

text: Item 6. Selected Financial Data.
text: The following selected consolidated financial and operating data was derived from our audited consolidated financial statements. The selected financial data should be read in conjunction with the Consolidated Financial Statements and Notes thereto, and Item 7 contained in Part II of this Annual Report.
text: (1) When a loss is reported, the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of share-based compensation awards because doing so would be anti-dilutive. In addition, when a loss from continuing operations is reported, adjusting the denominator of diluted earnings per share would also be anti-dilutive to the loss per share, even if the entity has net income after adjusting for a discontinued operation.
text: Therefore, for all periods presented, basic weighted-average shares outstanding were used in calculating the diluted net loss per share.

Questions:
question: What is the adjustment made to the denominator when loss is reported?
answer: the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of share-based compensation awards because doing so would be anti-dilutive
question: What calculation is used for diluted net loss per share?
answer: basic weighted-average shares outstanding
question: What was the net revenue in 2019?
answer: 140,842
scale: thousand
question: What was the increase / (decrease) in the net revenue from 2018 to 2019?
answer: 13482
derivation: 140,842 - 127,360
scale: thousand
question: What is the average gross profit for 2018 and 2019?
answer: 69148.5
derivation: (73,880 + 64,417) / 2
scale: thousand
question: What is the average operating loss for 2018 and 2019?
answer: -12580.5
derivation: -(13,081 + 12,080) / 2
scale: thousand
Years Ended December 31,
2019
2018
2017
Foreign Exchange Contracts:
Amounts reclassified from AOCI to earnings:
Net sales
$—
$383
$(488)
Cost of goods sold
860
(6)
497
Selling, general and administrative
92
107
45
Total amounts reclassified from AOCI to earnings
952
484
54
Loss recognized in other expense for hedge ineffectiveness
—
—
(1)
Loss recognized in other expense for derivatives not designated as cash flow hedges
—
—
(15)
Total derivative gain on foreign exchange contracts recognized in earnings
$952
$484
$38
Interest Rate Swaps:
Benefit recorded in interest expense
$491
$421
$37
Total gain
$1,443
$905
$75

text: NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
text: NOTE 13 — Derivatives
text: The effect of derivative instruments on the Consolidated Statements of Earnings is as follows:

Questions:
question: Which years does the table provide information for the  effect of derivative instruments on the Consolidated Statements of Earnings?
answer: 2019
2018
2017
question: What were the net sales in 2018?
answer: 383
scale: thousand
question: What was the Cost of goods sold in 2017?
answer: 497
scale: thousand
question: What was the change in the Net sales between 2017 and 2018?
answer: 871
derivation: 383-(-488)
scale: thousand
question: What was the change in the Selling, general and administrative between 2018 and 2019?
answer: -15
derivation: 92-107
scale: thousand
question: What was percentage change in the total gain between 2018 and 2019?
answer: 59.45
derivation: (1,443-905)/905
scale: percent
Year Ended December 31,
2019
2018
2017
Software
$12.7
$5.4
$2.3
Computer hardware
1.2
0.8
0.8
Leasehold improvements
0.9
0.2
0.5
Furniture
0.6
0.2
0.5
Purchases of property, equipment and software
$15.4
$6.6
$4.1

text: Cash used in investing activities
text: Detail of the cash used in investing activities is included below for each year (dollars in millions).
text: 2019 vs. 2018. The $8.8 million higher spend on investing activities during 2019 compared to 2018 was primarily related to an increase in capitalized costs associated with various internally-developed software projects, such as mobile application development and transaction processing, an increase in hardware costs primarily associated with our growing infrastructure needs and an increase in leasehold improvements associated with security build outs of expanded office space.
text: 2018 vs. 2017. We had net cash used in investing activities of $6.6 million during 2018 compared to $4.1 million during 2017. The higher spend in 2018 was primarily related to an increase in software expenditures, most of which were capitalized costs related to internally-developed software, which consisted primarily of merchant experience enhancements and mobile application development. This activity was partially offset by lower infrastructure expenditures in 2018 compared to 2017, as we did not have any material changes to our leased premises during 2018.

Questions:
question: Which years does the table provide information for the cash used in investing activities?
answer: 2019
2018
2017
question: What was the cash used in Software in 2019?
answer: 12.7
scale: million
question: What was the cash used in Computer Hardware in 2017?
answer: 0.8
scale: million
question: Which years did cash used in Furniture exceed $0.3 million?
answer: 2019
2017
derivation: (2019:0.6),(2017:0.5)
question: What was the change in the cash used in Leasehold Improvements between 2017 and 2019?
answer: 0.4
derivation: 0.9-0.5
scale: million
question: What was the percentage change in the Purchases of property, equipment and software between 2018 and 2019?
answer: 133.33
derivation: (15.4-6.6)/6.6
scale: percent
Number of Shares
Average Price (a)
Average Life (years) (b)
Aggregate Intrinsic Value
Outstanding at March 31, 2018
1,894
$12.90
-
-
Options granted
-
-
-
-
Options exercised
(326)
13.11
-
$1,944
Options cancelled/forfeited
(122)
13.22
-
295
Outstanding at March 31, 2019
1,446
$12.82
3.29
$6,528
Exercisable at March 31, 2019
1,347
$12.70
3.08
$6,253

text: Activity under our stock option plans is summarized as follows:
text: (a) Weighted-average exercise price
text: (b) Weighted-average contractual life remaining
text: The total aggregate intrinsic value of options exercised is $2,149, $1,724, and $1,944 for fiscal years ended March 31, 2017, 2018, and 2019, respectively.

Questions:
question: What is the total aggregate intrinsic value of options exercised for the fiscal years ended March 31, 2017 to 2019 respectively?
answer: $2,149
$1,724
$1,944
question: What is the number of share options granted between March 31, 2018 and 2019 respectively?
answer: 0
326
question: What is the number of shares outstanding at March 31, 2018 and 2019 respectively?
answer: 1,894
1,446
question: What is the total aggregate intrinsic value of options exercised between 2017 to 2019?
answer: 5817
derivation: 2,149 + 1,724 + 1,944 
question: What is the percentage of total aggregate intrinsic value of options exercised as a percentage of the aggregate intrinsic value exercisable at March 31, 2019?
answer: 31.09
derivation: 1,944/6,253 
scale: percent
question: What is the percentage change in the average price between March 31, 2018 and 2019?
answer: -1.55
derivation: (12.70 - 12.90)/12.90 
scale: percent
2019
2018
Note
£m
£m
Net trade receivables
18
24.9
25.4
Accrued income
18
28.0
26.7
Other receivables
18
0.3
0.1
Cash and cash equivalents
19
5.9
4.3
Total
59.1
56.5

text: 31. Financial instruments
text: Financial assets

Questions:
question: What were the total financial assets in 2019?
answer: 59.1
scale: million
question: In which years was the amount of total financial assets calculated?
answer: 2019
2018
question: What were the components making up the total financial assets in the table?
answer: Net trade receivables
Accrued income
Other receivables
Cash and cash equivalents
question: In which year was the amount of Other receivables larger?
answer: 2019
derivation: 0.3>0.1
question: What was the change in Other receivables in 2019 from 2018?
answer: 0.2
derivation: 0.3-0.1
scale: million
question: What was the percentage change in Other receivables in 2019 from 2018?
answer: 200
derivation: (0.3-0.1)/0.1
scale: percent
($ in millions)
For the year ended December 31:
2018*
2017*
Yr.-to-Yr. Percent/ Margin Change
Global Business Services
External gross profit
$4,448
$4,033
10.3%
External gross profit margin
26.8%
25.1%
1.7pts
Pre-tax income
$1,629
$1,303
25.0%
Pre-tax margin
9.6%
7.9%
1.7pts

text: * Recast to reflect segment changes.
text: The year-to-year improvements in margins and pre-tax income in GBS were the result of the shift to higher-value offerings, realignment of resources to key skill areas, increased productivity and utilization as well as a benefit from currency, due to the company’s global delivery model.

Questions:
question: What was the Pre-tax income in 2018?
answer: $1,629
scale: million
question: What drove the margins and pre-tax income in GBS improvement?
answer: were the result of the shift to higher-value offerings, realignment of resources to key skill areas, increased productivity and utilization as well as a benefit from currency, due to the company’s global delivery model.
question: What was the gross profit margin in 2018?
answer: 26.8%
question: What is the increase / (decrease) in the external gross profit from 2017 to 2018?
answer: 415
derivation: 4,448 - 4,033
scale: million
question: What is the average Pre-tax income?
answer: 1466
derivation: (1,629 + 1,303) / 2
scale: million
question: What is the increase / (decrease) in the Pre-tax margin from 2017 to 2018?
answer: 1.7
derivation: 9.6% - 7.9%
scale: percent
Contractual Obligations
1 Year
2 to 3 Years
4 to 5 Years
More Than 5 Years
Total
Debt:
Principal payments
$—
$63,000
$—
$—
$63,000
Interest payments1
2,206
3,876
—
—
6,082
Unused line fee payments
126
222
—
—
348
Operating lease commitments
9,818
18,823
15,840
10,893
55,374
Subsidiary unit award liabilities2
141
—
—
—
141
Other long-term liabilities
—
4,375
2,513
601
7,489
Other commitments 3
624
290
—
—
914
Total contractual obligations
$12,915
$90,586
$18,353
$11,494
$133,348

text: Contractual Obligations
text: Presented below is information about our material contractual obligations and the periods in which those future payments are due as of December 31, 2019. Future events could cause actual payments to differ from these estimates. As of December 31, 2019, the following table summarizes our contractual obligations and the effect such obligations are expected to have on our liquidity and cash flow in future periods (in thousands):
text: (1) The 2017 Facility incurs interest at a variable rate. The projected variable interest payments assume no change in the Eurodollar Base Rate, or LIBOR, from December 31, 2019.
text: (2) Represents the current portion of our expected cash payments for our liability to repurchase subsidiary unit awards for our professional residential property management and vacation rental management subsidiary.
text: (3) Represents amounts due under multi-year, non-cancelable contracts with third-party vendors, as well as other commitments.
text: The commitment amounts in the table above are associated with contracts that are enforceable and legally binding and that specify all significant terms, including fixed or minimum services to be used, fixed, minimum or variable price provisions, and the approximate timing of the actions under the contracts. The table does not include obligations under agreements that we can cancel without a significant penalty.
text: As of December 31, 2019, we had no outstanding letters of credit under our 2017 Facility.

Questions:
question: What does Subsidiary unit award liabilities represent?
answer: the current portion of our expected cash payments for our liability to repurchase subsidiary unit awards for our professional residential property management and vacation rental management subsidiary.
question: What does Other commitments represent?
answer: amounts due under multi-year, non-cancelable contracts with third-party vendors, as well as other commitments.
question: What was the Total contractual obligations across all periods?
answer: $133,348
scale: thousand
question: What was the difference between total other long-term liabilities and total other commitments?
answer: 6575
derivation: 7,489-914
scale: thousand
question: What was the change in total contractual obligations between 1 Year and 2 to 3 Year periods?
answer: 77671
derivation: 90,586-12,915
scale: thousand
question: What was unused line fee payments as a percentage of total contractual obligations across all periods?
answer: 0.26
derivation: 348/133,348
scale: percent
2019
High
Low
Fourth quarter
$21.17
$13.92
Third quarter
$17.02
$13.88
Second quarter
$16.72
$14.72
First quarter
$15.55
$11.78
2018
High
Low
Fourth quarter
$13.00
$10.77
Third quarter
$12.98
$11.30
Second quarter
$12.14
$9.80
First quarter
$10.30
$9.08

text: Item 5. Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities.
text: Our common shares, without par value, are traded on the NASDAQ Stock Market LLC under the symbol “AGYS”. The high and low sales prices for the common shares for each quarter during the past two fiscal years are presented in the table below.
text: The closing price of the common shares on May 21, 2019, was $22.51 per share. There were 1,561 active shareholders of record.
text: We did not pay dividends in fiscal 2019 or 2018 and are unlikely to do so in the foreseeable future. The current policy of the Board of Directors is to retain any available earnings for use in the operations of our business.

Questions:
question: What was the closing price of shares on May 21, 2019?
answer: $22.51 per share
question: What were the number of active shareholders on May 21, 2019?
answer: 1,561
question: What was the High for fourth quarter 2019 per share?
answer: $21.17
question: What was the increase / (decrease) in the 2019 fourth quarter between low to high?
answer: 7.25
derivation: 21.17 - 13.92
question: What was the average 2019 third quarter for high and low?
answer: 15.45
derivation: (17.02 + 13.88) / 2
question: What was the increase / (decrease) in the 2019 second quarter between low and high?
answer: 2
derivation: 16.72 - 14.72
31 March 2019
31 March 2018
$M
$M
Investment in Sophos Holdings Limited
1,035.8
1,035.8
Investment in Sophos Limited
94.8
63.3
At 31 March
1,130.6
1,099.1

text: 3 Investments
text: The investment in Sophos Holdings Limited, a holding company for the Sophos Group, comprises 100% of the ordinary share capital.
text: The investment in Sophos Limited comprises share-based payment expenses for equity awards granted to participants employed by Sophos Limited and its subsidiaries.

Questions:
question: What does the investment in Sophos Holdings Limited comprise?
answer: 100% of the ordinary share capital.
question: What does the investment in Sophos Limited comprise?
answer: share-based payment expenses for equity awards granted to participants employed by Sophos Limited and its subsidiaries.
question: What are the different investments listed in the table?
answer: Investment in Sophos Holdings Limited
Investment in Sophos Limited
question: In which year was the amount at the end of the fiscal year larger?
answer: 2019
derivation: 1,130.6>1,099.1
question: What was the change in the amount of Investment in Sophos Limited in 2019 from 2018?
answer: 31.5
derivation: 94.8-63.3
scale: million
question: What was the percentage change in the amount of Investment in Sophos Limited in 2019 from 2018?
answer: 49.76
derivation: (94.8-63.3)/63.3
scale: percent
Year Ended December 31,
2019
2018
2017
Stock options
223,259
229,294
258,917
Restricted stock awards
—
—
129
Restricted stock units
136,600
148,175
188,050
Common stock subject to repurchase
250
957
13,281

text: The following securities have been excluded from the calculation of diluted weighted average common shares outstanding as the inclusion of these securities would have an anti-dilutive effect:
text: Participating securities are composed of certain stock options granted under the 2015 Plan, and previously granted under the 2009 Equity Incentive Plan, that may be exercised before the options have vested. Unvested shares have a non-forfeitable right to dividends. Unvested shares issued as a result of early exercise are subject to repurchase by us upon termination of employment or services at the original exercise price. The common stock subject to repurchase is no longer classified as participating securities when shares revert to common stock outstanding as the awards vest and our repurchase right lapses.
text: Our redeemable noncontrolling interest relates to our 85% equity ownership interest in OpenEye. The OpenEye stockholder agreement contains a put option that gives the minority OpenEye stockholders the right to sell their OpenEye shares to us based on the fair value of the shares. The OpenEye stockholder agreement also contains a call option that gives us the right to purchase the remaining OpenEye shares from the minority OpenEye stockholders based on the fair value of the shares. The put and call options can each be exercised beginning in the first quarter of 2023. This redeemable noncontrolling interest is considered temporary equity and we report it between liabilities and stockholders’ equity in the consolidated balance sheets. The amount of the net income or loss attributable to redeemable noncontrolling interests is recorded in the consolidated statements of operations.

Questions:
question: What were participating securities composed of?
answer: certain stock options granted under the 2015 Plan, and previously granted under the 2009 Equity Incentive Plan, that may be exercised before the options have vested.
question: What was the company's equity ownership interest in OpenEye?
answer: 85
scale: percent
question: How much were the Restricted stock units in 2019?
answer: 136,600
question: What was the change in Common stock subject to repurchase between 2018 and 2017?
answer: -12324
derivation: 957-13,281
question: How many years did restricted stock units exceed 150,000?
answer: 1
derivation: 2017
question: What was the percentage change in Common stock subject to repurchase between 2018 and 2019?
answer: -73.88
derivation: (250-957)/957
scale: percent
($ in millions)
For the fourth quarter:
2019
2018
Yr.-to-Yr. Percent/ Margin Change*
Total consolidated expense and other (income)
$7,107
$6,253
13.7%
Non-operating adjustments
Amortization of acquired intangible assets
(294)
(106)
176.0
Acquisition-related charges
(27)
(13)
104.7
Non-operating retirement related (costs)/income
(196)
(387)
(49.4)
Operating (non-GAAP) expense and other (income)
$6,591
$5,746
14.7%
Total consolidated expense-to-revenue ratio
32.6%
28.7%
3.9pts
Operating (non-GAAP) expense-to-revenue ratio
30.3%
26.4%
3.9pts

text: * 2019 results were impacted by Red Hat purchase accounting and acquisition-related activity.
text: Total expense and other (income) increased 13.7 percent in the fourth quarter with an expense-to-revenue ratio of 32.6 percent compared to 28.7 percent in the fourth quarter of 2018. The year-to-year increase was a result of higher spending (15 points) driven by Red Hat (15 points) and higher acquisitionrelated charges and amortization of acquired intangible assets associated with the Red Hat transaction (4 points), partially offset by higher divestiture gains (3 points) and lower non-operating retirement-related costs (3 points).
text: Total operating (non-GAAP) expense and other income increased 14.7 percent year to year primarily driven by the higher spending, partially offset by the divestiture gains, as described above.

Questions:
question: What event impacted the 2019 results?
answer: 2019 results were impacted by Red Hat purchase accounting and acquisition-related activity.
question: What caused the year-to-year increase in the total expenses and other (income)?
answer: The year-to-year increase was a result of higher spending (15 points) driven by Red Hat (15 points) and higher acquisitionrelated charges and amortization of acquired intangible assets associated with the Red Hat transaction (4 points), partially offset by higher divestiture gains (3 points) and lower non-operating retirement-related costs (3 points).
question: What caused total operating (non-GAAP) expense and other income to increase?
answer: driven by the higher spending, partially offset by the divestiture gains, as described above.
question: What was the increase / (decrease) in Total consolidated expense and other (income) from 2018 to 2019?
answer: 854
derivation: 7,107 - 6,253
scale: million
question: What is the average Amortization of acquired intangible assets?
answer: -200
derivation: ( - 294 + (- 106)) / 2
scale: million
question: What is the average of Operating (non-GAAP) expense and other (income)?
answer: 6168.5
derivation: (6,591 + 5,746) / 2
scale: million