next-tat/TAT-QA huggingface dataset:
December 31,
2019
2018
Customer relationships
$336,455
$159,566
Other
15,621
5,555
352,076
165,121
Accumulated amortization
(73,492)
(52,942)
Intangible assets, net
278,584
112,179

text: (6) Intangible Assets
text: Intangible assets consist of the following (in thousands):
text: During 2019, we periodically assessed whether any indicators of impairment existed related to our intangible assets. As of each interim period end during the year, we concluded that a triggering event had not occurred that would more likely than not reduce the fair value of our intangible assets below their carrying values.
text: Amortization expense recognized in 2019, 2018 and 2017 was $23,671,000, $15,737,000 and $16,812,000, respectively.

Questions:
question: How much was the Amortization expense in 2019?
answer: $23,671,000
question: How much was the Amortization expense in 2018?
answer: $15,737,000
question: How much was the Amortization expense in 2017?
answer: $16,812,000
question: What is the change in Accumulated amortization between 2018 and 2019?
answer: 20550
derivation: 73,492-52,942
scale: thousand
question: What is the change in Intangible assets, net between 2018 and 2019?
answer: 166405
derivation: 278,584-112,179
scale: thousand
question: What is the average Accumulated amortization for 2018 and 2019?
answer: 63217
derivation: (73,492+52,942) / 2
scale: thousand
Non-U.S. Plans
U.S. Plans
(in millions)
Fiscal 2020
$  82
$  77
Fiscal 2021
77
74
Fiscal 2022
81
74
Fiscal 2023
85
74
Fiscal 2024
86
74
Fiscal 2025-2029
490
361

text: Our common shares are not a direct investment of our pension funds; however, the pension funds may indirectly include our shares. The aggregate amount of our common shares would not be considered material relative to the total pension fund assets.
text: Our funding policy is to make contributions in accordance with the laws and customs of the various countries in which we operate as well as to make discretionary voluntary contributions from time to time. We expect to make the minimum required contributions of $42 million and $26 million to our non-U.S. and U.S. pension plans, respectively, in fiscal 2020. We may also make voluntary contributions at our discretion.
text: At fiscal year end 2019, benefit payments, which reflect future expected service, as appropriate, are expected to be
paid as follows:

Questions:
question: What is the company's funding policy?
answer: to make contributions in accordance with the laws and customs of the various countries in which we operate as well as to make discretionary voluntary contributions from time to time
question: How much minimum required contributions is expected to be made to the non-U.S. pension plan?
answer: $42 million
question: Which are the periods for which benefit payments are expected to be paid?
answer: Fiscal 2020
Fiscal 2021
Fiscal 2022
Fiscal 2023
Fiscal 2024
Fiscal 2025-2029
question: In which Fiscal year from 2020 to 2024 would the benefit payments under the U.S Plans be the largest?
answer: Fiscal 2020
derivation: 77>74
question: What is the change in Non-U.S. benefit payments expected to be paid in Fiscal 2023 from Fiscal 2022?
answer: 4
derivation: 85-81
scale: million
question: What is the percentage change in Non-U.S. benefit payments expected to be paid in Fiscal 2023 from Fiscal 2022?
answer: 4.94
derivation: (85-81)/81
scale: percent
Number of Units
Grant Date Fair Value
Outstanding at January 1, 2019   
997,173
$52.22
Granted   
945,159
49.48
Vested   
(386,060)
51.79
Forfeited   
(59,579)
50.56
Outstanding at December 31, 2019   
1,496,693
$50.67

text: Restricted Stock Awards
We present below a summary of changes in unvested units of restricted stock during 2019:
text: The Company recorded equity-based compensation expense related to restricted stock and RSUs (collectively “restricted stock awards”) of $31.8 million, $19.9 million, and $16.2 million in 2019, 2018 and 2017, respectively. The total fair value of restricted stock awards vested in 2019, 2018 and 2017, based on market value at the vesting dates was $18.2 million, $18.1 million, and $18.8 million, respectively. The weighted average grant-date fair value of RSUs granted during fiscal year 2019, 2018 and 2017 was $49.48, $51.72 and $49.01, respectively. As of December 31, 2019, unrecognized compensation cost related to unvested RSU totaled $47.5 million and is expected to be recognized over a weighted average period of approximately 2.5 years. In January 2017, we elected to recognize forfeitures of equity-based payments as they occur.
awards”) of $31.8 million, $19.9 million, and $16.2 million in 2019, 2018 and 2017, respectively. The total fair value of restricted
stock awards vested in 2019, 2018 and 2017, based on market value at the vesting dates was $18.2 million, $18.1 million, and $18.8
million, respectively. The weighted average grant-date fair value of RSUs granted during fiscal year 2019, 2018 and 2017 was $49.48,
$51.72 and $49.01, respectively. As of December 31, 2019, unrecognized compensation cost related to unvested RSU totaled $47.5
million and is expected to be recognized over a weighted average period of approximately 2.5 years. In January 2017, we elected to
recognize forfeitures of equity-based payments as they occur.
text: Included in RSU grants for the year ended December 31, 2019 are 282,327 units that have performance-based vesting criteria. The
performance criteria are tied to our financial performance. As of December 31, 2019, the associated equity-based compensation
expense has been recognized for the portion of the award attributable to the 2019 performance criteria.

Questions:
question: What is the outstanding number of units at the beginning of 2019?
answer: 997,173
question: What the number of forfeited shares in 2019?
answer: 59,579
question: What is the outstanding number of shares at the end of 2019?
answer: 1,496,693
question: What is the value difference between granted share and vested share?
answer: 2.31
derivation: 51.79-49.48
question: What is the change in the outstanding number of shares between the beginning and end of the year 2019?
answer: 499520
derivation: 1,496,693-997,173
question: What is the difference in grant date fair value between the vested stocks and the forfeited stocks?
answer: 1.23
derivation: 51.79-50.56
(In millions)
June 30,
2019
2018
2017
United States
$ 55,252
$ 44,501
$ 42,730
Ireland
12,958
12,843
12,889
Other countries
25,422
22,538
19,898
Total
$  93,632
$  79,882
$  75,517

text: Assets are not allocated to segments for internal reporting presentations. A portion of amortization and depreciation is included with various other costs in an overhead allocation to each segment; it is impracticable for us to separately identify the amount of amortization and depreciation by segment that is included in the measure of segment profit or loss.
text: Long-lived assets, excluding financial instruments and tax assets, classified by the location of the controlling statutory company and with countries over 10% of the total shown separately, were as follows:

Questions:
question: What reason does the company give for not separately identifying the amount of amortization and depreciation by segment?
answer: it is impracticable for us to separately identify the amount of amortization and depreciation by segment that is included in the measure of segment profit or loss.
question: How is the portion of amortization and depreciation allocated?
answer: A portion of amortization and depreciation is included with various other costs in an overhead allocation to each segment
question: How many countries have Long-lived assets, excluding financial instruments and tax assets, classified by the location of the controlling statutory company and with countriesover 10% of the total assets?
answer: 2
derivation: United States##Ireland
question: How many millions of long-lived assets were there in the United States in 2019?
answer: 55,252
scale: million
question: What was the percentage change in the total long-lived assets from 2017 to 2018?
answer: 5.78
derivation: (79,882-75,517)/75,517
scale: percent
question: How many years during 2017 to 2019 did the long-lived asset amount in Ireland exceed $12,900 million?
answer: 1
derivation: 12,958
Year-ended 31 March 2019
Year-ended 31 March 2018 Restated See note 2
Revenue by Product:
$M
$M
Network
328.5
316.5
Enduser
348.4
291.8
Other
33.7
30.7
Total
710.6
639.0

text: 7 Revenue
text: Revenue recognised in the Consolidated Statement of Profit or Loss is analysed as follows:

Questions:
question: What was the amount of Total revenue in 2019?
answer: 710.6
scale: million
question: What was the amount of Other in 2019?
answer: 33.7
scale: million
question: What are the product types analyzed in the table which contribute to the Revenue recognised in the Consolidated Statement of Profit or Loss?
answer: Network
Enduser
Other
question: In which year was the amount of Other larger?
answer: 2019
derivation: 33.7>30.7
question: What was the change in Enduser in 2019 from 2018?
answer: 56.6
derivation: 348.4-291.8
scale: million
question: What was the percentage change in Enduser in 2019 from 2018?
answer: 19.4
derivation: (348.4-291.8)/291.8
scale: percent
€ million
2017/2018
2018/2019
Actual taxes
173
215
thereof Germany
(14)
(9)
thereof international
(159)
(206)
thereof tax expenses/income of current period
(194)
(221)
thereof tax expenses/income of previous periods
(−21)
(−6)
Deferred taxes
43
83
thereof Germany
(39)
(104)
thereof international
(4)
(−21)
216
298

text: 12. Income taxes
text: Income taxes include the taxes on income paid or owed in the individual countries as well as deferred taxes.
text: 1 Adjustment of previous year according to explanation in notes.
text: The income tax rate of the German companies of METRO consists of a corporate income tax of 15.00% plus a 5.50% solidarity surcharge on corporate income tax as well as the trade tax of 14.70% given an average assessment rate of 420.00%. All in all, this results in an aggregate tax rate of 30.53%. The tax rates are unchanged from the previous year. The income tax rates applied to foreign companies are based on the respective laws and regulations of the individual countries and vary within a range of 0.00% (2017/18: 0.00%) and 34.94% (2017/18: 44.41%).
text: At €298 million (2017/18: €216 million), recognised income tax expenses are €81 million higher than in the previous year. In addition to an increase in pre-tax earnings, the change is due to higher expenses for impairments on deferred taxes, among other things.

Questions:
question: What do income taxes include?
answer: the taxes on income paid or owed in the individual countries as well as deferred taxes
question: What are the recognised income tax expenses in 2019?
answer: €298 million
question: What are the components under deferred taxes?
answer: thereof Germany
thereof international
question: In which year were the recognised income tax expenses larger?
answer: 2018/2019
derivation: 298>216
question: What was the change in recognised income tax expenses in 2018/2019 from 2017/2018?
answer: 82
derivation: 298-216
scale: million
question: What was the percentage change in recognised income tax expenses in 2018/2019 from 2017/2018?
answer: 37.96
derivation: (298-216)/216
scale: percent
($ in millions)
For the year ended December 31:
2019
2018
2017
Cloud & Cognitive Software*
Software
$18,712
$17,970**
$17,681**
Services
4,321
4,082**
3,920**
Systems
166
156
150
Global Business Services*
Services
$16,363
$16,238**
$15,728**
Software
156
151**
179**
Systems
115
206
165
Global Technology Services*
Services
$20,768
$22,222**
$21,913**
Maintenance
5,183
5,484
5,783
Systems
1,072
1,069
1,207
Software
338
371**
310**
Systems
Servers
$ 3,746
$ 3,996
$ 3,993
Storage
1,920
2,114
2,243
Software
1,528
1,499**
1,520**
Services
410
425**
438**
Global Financing
Financing
$ 1,120
$ 1,223
$ 1,167
Used equipment sales
281
366
530

text: * Recast to conform to 2019 presentation.
text: ** Reclassified to conform to 2019 presentation. Refer to “Basis of
Presentation” in note A, “Significant Accounting Policies,” for
additional information.
text: The following table presents external revenue for similar classes of products or services within the company’s reportable segments. Client solutions often include IBM software and systems and other suppliers’ products if the client solution requires it.
text: For each of the segments that include services, Software-as-a-Service, consulting, education, training and other product-related services are included as services. For each of these segments, software includes product license charges and ongoing subscriptions.

Questions:
question: What is included in Client solutions?
answer: Client solutions often include IBM software and systems and other suppliers’ products if the client solution requires it.
question: What is included in Services?
answer: For each of the segments that include services, Software-as-a-Service, consulting, education, training and other product-related services are included as services.
question: What is included in Software?
answer: For each of these segments, software includes product license charges and ongoing subscriptions.
question: What is the average of Financing under Global Financing?
answer: 1170
derivation: (1,120+1,223+1,167 ) / 3
scale: million
question: What is the average of Used equipment sales?
answer: 392.33
derivation: (281+366+530) / 3
scale: million
question: What is the increase/ (decrease) in Used equipment sales from 2018 to 2019
answer: -85
derivation: 281-366 
scale: million
Fiscal Years
2019
2018
2017
Revenue by product line (1) :
New products
$3,123
$5,735
$5,853
Mature products
7,187
6,894
6,296
Total revenue
$10,310
$12,629
$12,149

text: NOTE 14-INFORMATION CONCERNING PRODUCT LINES, GEOGRAPHIC INFORMATION, ACCOUNTS RECEIVABLE AND REVENUE CONCENTRATION
text: The Company identifies its business segments based on business activities, management responsibility and geographic location. For all periods presented, the Company operated in a single reportable business segment.
text: The following is a breakdown of revenue by product family (in thousands):
text: (1) New products include all products manufactured on 180 nanometer or smaller semiconductor processes, eFPGA IP license, QuickAI and SensiML AI software as a service (SaaS) revenues. Mature products include all products produced on semiconductor processes larger than 180 nanometer.

Questions:
question: What are the respective revenue from new products in 2018 and 2019?
answer: $5,735
$3,123
scale: thousand
question: What are the respective revenue from mature products in 2018 and 2019?
answer: 6,894
7,187
scale: thousand
question: What are the respective total revenue in 2018 and 2019? 
answer: $12,629
$10,310
scale: thousand
question: What is the total revenue from new products in 2018 and 2019?
answer: 8858
derivation:  ($5,735 + $3,123) 
scale: thousand
question: What is the average revenue from mature products in 2018 and 2019?
answer: 7040.5
derivation:  (6,894 + 7,187)/2 
scale: thousand
question: What is the percentage change in total revenue between 2018 and 2019?
answer: -18.36
derivation: (10,310 - 12,629)/12,629 
scale: percent
Fiscal
2019
2018
2017
Weighted average shares outstanding—basic
24,118
24,572
24,487
Dilutive effect of employee stock awards
161
279
290
Weighted average shares outstanding—diluted
24,279
24,851
24,777
Net income from continuing operations
$53,825
$247,360
$208,644
Loss from discontinued operations, net of income taxes
—
(2)
(1,522)
Net income
$53,825
$247,358
$207,122

text: Earnings Per Share
text: Basic earnings per share is computed based on the weighted average number of shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share is computed based on the weighted average number of shares outstanding during the period increased by the effect of dilutive employee stock awards, including stock options, restricted stock awards and stock purchase plan contracts, using the treasury stock method.
text: The following table presents information necessary to calculate basic and diluted earnings per share (in thousands, except per share data):
text: There were 98,103, 103,547 and 505 potentially dilutive securities excluded from the dilutive share calculation for fiscal 2019, 2018 and 2017, respectively, as their effect was anti-dilutive.

Questions:
question: How was basic earnings per share computed?
answer: based on the weighted average number of shares outstanding during the period, excluding unvested restricted stock
question: How was diluted earnings per share computed?
answer: based on the weighted average number of shares outstanding during the period increased by the effect of dilutive employee stock awards, including stock options, restricted stock awards and stock purchase plan contracts, using the treasury stock method
question: In which years was earnings per share provided in the table?
answer: 2019
2018
2017
question: In which year was the Dilutive effect of employee stock awards largest?
answer: 2017
derivation: 290>279>161
question: What was the change in Dilutive effect of employee stock awards in 2019 from 2018?
answer: -118
derivation: 161-279
scale: thousand
question: What was the percentage change in Dilutive effect of employee stock awards in 2019 from 2018?
answer: -42.29
derivation: (161-279)/279
scale: percent
December 31,
2018
2019
Balance January 1
6,562
7,955
Charged to cost of sales
18,408
26,301
Deductions
(8,985)
(12,232)
Releases of expired warranty
(8,214)
(5,684)
Foreign currency translation effect
184
84
Balance December 31
7,955
16,424

text: NOTE 14. PROVISION FOR WARRANTY
text: The changes in the amount of provision for warranty are as follows:
text: Costs of warranty include the cost of labor and materials to repair a product during the warranty period. The main term of the warranty period is one year. The Company accrues for the estimated cost of the warranty on its products shipped in the provision for warranty, upon recognition of the sale of the product. The costs are estimated based on actual historical expenses incurred and on estimated future expenses related to current sales, and are updated periodically. Actual warranty costs are charged against the provision for warranty.

Questions:
question: What does cost of warranty include?
answer: the cost of labor and materials to repair a product during the warranty period
question: How are warranty costs estimated?
answer: based on actual historical expenses incurred and on estimated future expenses related to current sales, and are updated periodically
question: For what years are the costs of warranty information provided?
answer: 2018
2019
question: Which year had a larger difference in the balance between the start and the end of the year?
answer: 2019
derivation: 2018:(7,955-6,562=1,393); 2019:(16,424-7,955=8,469)
question: What is the percentage change in balance at end of year from 2018 to 2019?
answer: 106.46
derivation: (16,424-7,955)/7,955
scale: percent
question: What is the change in balance at start of year from 2018 to 2019?
answer: 1393
derivation:  7,955 - 6,562
Years Ended December 31,
2019
2018
Interest expense
$(2,648)
$(2,085)
Interest income
1,737
1,826
Other (expense) income
(2,638)
(2,676)
Total other (expense) income, net
$(3,549)
$(2,935)

text: Results of Operations: Year Ended December 31, 2019, versus Year Ended December 31, 2018 (Amounts in thousands, except percentages and per share amounts):
text: Other income and expense items are summarized in the following table:
text: Interest expense increased mainly as a result of an increase in debt related to the QTI acquisition. Other expense in 2019 was principally driven by foreign currency translation losses, mainly due to the appreciation of the U.S. Dollar compared to the Chinese Renminbi and Euro, as well as an increase in pension expense.

Questions:
question: Which years does the table provide information for the company's Other income and expense items?
answer: 2019
2018
question: What was the primary reason for interest expense increase?
answer: mainly as a result of an increase in debt related to the QTI acquisition.
question: What was Other expense in 2019 principally driven by?
answer: foreign currency translation losses, mainly due to the appreciation of the U.S. Dollar compared to the Chinese Renminbi and Euro, as well as an increase in pension expense.
question: What was the change in Other (expense) income between 2018 and 2019?
answer: 38
derivation: -2,638-(-2,676)
scale: thousand
question: Which years did Interest income exceed $1,500 thousand?
answer: 2
derivation: 2019##2018
question: What was the percentage change in interest income between 2018 and 2019?
answer: -4.87
derivation: (1,737-1,826)/1,826
scale: percent
December 31,
2019
2018
Prepaid expenses
$37.1
$43.9
Contract assets
19.5
14.8
Other current assets
8.2
8.6
Prepaid expenses and other current assets
$64.8
$67.3

text: Prepaid Expenses and Other Current Assets
text: Prepaid expenses and other current assets consist of the following (in millions):
text: Contract Assets
text: A contract asset represents our expectation of receiving consideration in exchange for products or services that we have transferred to our client. Contract assets and liabilities, or deferred revenues, are determined and presented on a net basis at the contract level since the rights and obligations in a contract with a client are interdependent. In contrast, a receivable is our right to consideration that is unconditional except for the passage of time required before payment of that consideration is due. The difference in timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables, contract assets and deferred revenues from client advances and deposits. We account for receivables in accordance with ASC Topic 310, Receivables (“ASC 310”), and assess both contract assets and receivables for impairment in accordance with ASC 310. There were no impairment charges related to contract assets for the years ended December 31, 2019 and 2018.
text: Our short-term contract assets are included in Prepaid expenses and other current assets in our Consolidated Balance Sheets. Our long-term contract assets are included in Other non-current assets in our Consolidated Balance Sheets. Refer to Note 11 — Other Non-Current Assets.

Questions:
question: What does a contract asset represent to the company?
answer: our expectation of receiving consideration in exchange for products or services that we have transferred to our client.
question: What were the prepaid expenses in 2018?
answer: 43.9
scale: million
question: What were the Other current assets in 2019?
answer: 8.2
scale: million
question: What was the change in contract assets between 2018 and 2019?
answer: 4.7
derivation: 19.5-14.8
scale: million
question: How many years did prepaid expenses exceed $40.0 million?
answer: 1
derivation: 2018
scale: million
question: What was the percentage change in Other current assets between 2018 and 2019?
answer: -4.65
derivation: (8.2-8.6)/8.6
scale: percent