next-tat/TAT-QA huggingface dataset:
2019
2018
Cost:
Computers, peripheral and scientific equipment
$1,654,000
$1,350,000
Software
2,131,000
1,749,000
Leasehold improvements
310,000
294,000
Office furniture and equipment
424,000
391,000
4,519,000
3,784,000
Less: Accumulated depreciation and amortization
(2,634,000 )
(1,797,000 )
Property and equipment, net
$ 1,885,000
$1,987,000

text: NOTE 5—PROPERTY AND EQUIPMENT, NET
text: Property and equipment, net, consists of the following as of December 31, 2019 and 2018:
text: Depreciation for the years ended December 31, 2019 and December 31, 2018 was $870,000 and $704,000, respectively. Cost basis of assets disposed for the years ended December 31, 2019 and December 31, 2018 was $31,000 and $773,000, respectively. The disposals in 2018 were primarily a result of relocating our corporate offices and writing off the fully amortized leasehold improvements related to our former office.

Questions:
question: What are the components recorded under cost?
answer: Computers, peripheral and scientific equipment
Software
Leasehold improvements
Office furniture and equipment
question: What was the cost of disposals in 2019?
answer: $31,000
question: What was the reason for the disposals in 2018?
answer: Relocating our corporate offices and writing off the fully amortized leasehold improvements related to our former office.
question: Which year has a higher depreciation?
answer: 2019
derivation: $870,000 > $704,000
question: What was the change in software cost from 2018 to 2019?
answer: 382000
derivation: 2,131,000 - 1,749,000 
question: What was the percentage change in the net property and equipment?
answer: -5.13
derivation: ($1,885,000 - $1,987,000)/$1,987,000 
scale: percent
Name
Age
Position
Christopher H. Atayan
59
Chairman of the Board, Chief Executive Officer, Director
Andrew C. Plummer
45
President, Chief Financial Officer, Director
Charles J. Schmaderer
50
Vice President, Corporate Controller, Secretary

text: EXECUTIVE OFFICERS OF THE REGISTRANT
text: Executive officers of our Company are appointed by the Board of Directors and serve at the discretion of the Board. The following table sets forth certain information with respect to all executive officers of our Company.
text: CHRISTOPHER H. ATAYAN has served in various senior executive positions with the Company since March 2006, including his service as Chairman of the Board since January 2008 and Chief Executive Officer since October 2006, and has been a director of the Company since 2004. Mr. Atayan has served as the Senior Managing Director of Slusser Associates, a private equity and investment banking firm, since 1988, and has been engaged in private equity and investment banking since 1982. He also serves on the Board of Eastek Holdings, LLC, a manufacturing company.
text: ANDREW C. PLUMMER has served as our President and Chief Operating Officer since October 2018, as our Chief Financial Officer since January 2007, and as our Secretary from January 2007 to October 2018. From 2004 to 2007, Mr. Plummer served our company in various roles including Acting Chief Financial Officer, Corporate Controller, and Manager of SEC Compliance. Prior to joining our company in 2004, Mr. Plummer practiced public accounting, primarily with the accounting firm Deloitte and Touche, LLP (now Deloitte).
text: CHARLES J. SCHMADERER has served as the Company’s Vice President and Corporate Controller since April 2018 and as Secretary since October 2018. From 2006 to 2018, Mr. Schmaderer served the Company in various roles including as the Vice President of Financial Reporting and Assistant Secretary, and as the Director of Financial and SEC Reporting. Prior to joining AMCON in 2006, Mr. Schmaderer practiced public accounting, primarily with the accounting firm Grant Thornton, LLP and also holds a Master of Business Administration (MBA).

Questions:
question: How old are the company's executive officers?
answer: 59
45
50
question: Who are the executive officers of the company?
answer: Christopher H. Atayan
Andrew C. Plummer
Charles J. Schmaderer
question: Where did Charles J. Schmaderer practice public accounting at?
answer: Grant Thornton, LLP
question: What is the average age of the company's executive officers?
answer: 51.33
derivation: (59 + 45 + 50)/3 
question: What is the average age of the company's President and Vice President?
answer: 47.5
derivation: (45 + 50)/2 
question: What is the average age of the company's Chief Executive and Chief Financial Officers?
answer: 52
derivation: (59 + 45)/2
(In thousands)
2019
2018
2017
U.S. entities
$(29,829)
$(74,131)
$26,552
International entities
5,052
40,760
18,135
Total
$(24,777)
$(33,371)
$44,687

text: Income (loss) before expense (benefit) for income taxes for the years ended December 31, 2019, 2018 and 2017 is as follows:
text: Income (loss) before expense (benefit) for income taxes for international entities reflects income (loss) based on statutory transfer pricing agreements. This amount does not correlate to consolidated international revenue, many of which occur from our U.S. entity.

Questions:
question: What does Income (loss) before expense (benefit) for income taxes for international entities reflect?
answer: income (loss) based on statutory transfer pricing agreements.
question: What was the total income(loss) in 2017?
answer: $44,687
scale: thousand
question: What was the income for U.S. entities in 2019?
answer: $(29,829)
scale: thousand
question: What was the percentage change for total income between 2018 and 2019?
answer: -25.75
derivation: (-$24,777-(-$33,371))/-$33,371
scale: percent
question: What was the change in income from International entities between 2018 and 2019?
answer: -35708
derivation: 5,052-40,760
scale: thousand
question: What was the change in income from U.S. entities between 2018 and 2019?
answer: 44302
derivation: -$29,829-(-$74,131)
scale: thousand
Year Ended December 31,
2019
2018
2017
Balance at beginning of period
$8,623
$9,724
$8,548
Plus: Amounts charged to cost and expenses
4,569
7,392
6,951
Less: Deductions
(4,798)
(8,493)
(5,775)
Balance at end of period
$8,394
$8,623
$9,724

text: Liability for Warranty
text: Liability for Warranty Our products generally include warranties of 90 days to five years for product defects. We accrue for warranty returns at the time revenue is recognized based on our historical return rate and estimate of the cost to repair or replace the defective products. We engage in extensive product quality programs and processes, including actively monitoring and evaluating the quality of our component suppliers. The increasing complexity of our products will cause warranty incidences, when they arise, to be more costly. Our estimates regarding future warranty obligations may change due to product failure rates, material usage and other rework costs incurred in correcting a product failure. In addition, from time to time, specific warranty accruals may be recorded if unforeseen problems arise. Should our actual experience relative to these factors be worse than our estimates, we will be required to record additional warranty expense. Alternatively, if we provide for more reserves than we require, we will reverse a portion of such provisions in future periods. The liability for warranty obligations totaled $8.4 million and $8.6 million as of December 31, 2019 and 2018, respectively. These liabilities are included in accrued expenses in the accompanying Consolidated Balance Sheets. During 2017, we recorded a reduction in warranty expense related to a settlement with a third-party supplier for a defective component, the impact of which is reflected in the following table.
text: A summary of warranty expense and write-off activity for the years ended December 31, 2019, 2018 and 2017 is as follows:
text: (In thousands)

Questions:
question: What was the liability for warranty obligations in 2019?
answer: $8.4 million
question: What was the balance at beginning of period in 2019?
answer: $8,623
scale: thousand
question: What was the  Balance at end of period in 2017?
answer: $9,724
scale: thousand
question: What was the change in the balance at the beginning of period between 2018 and 2019?
answer: -1101
derivation: $8,623-$9,724
scale: thousand
question: What was the change in the balance at the end of period between 2018 and 2019?
answer: -229
derivation: $8,394-$8,623
scale: thousand
question: What was the percentage change in amounts charged to cost and expenses between 2017 and 2018?
answer: 6.34
derivation: (7,392-6,951)/6,951
scale: percent
Twelve Months Ended September 30,
2019
2018
2017
Major product category
Deposits software and hardware
$41,860
$33,071
$25,407
Deposits service and other
15,170
8,437
6,963
Deposits revenue
57,030
41,508
32,370
Identity verification software and hardware
4,985
7,627
4,240
Identity verification service and other
22,575
14,424
8,780
Identity verification revenue
27,560
22,051
13,020
Total revenue
$84,590
$63,559
$45,390

text: Disaggregation of Revenue
text: The following table presents the Company's revenue disaggregated by major product category (amounts in thousands):
text: Software and hardware revenue is generated from on premise software license sales, as well as sales of hardware scanner boxes and on premise appliance products. Service and other revenue is generated from the sale of transactional SaaS products and services, maintenance associated with the sale of software and hardware, and consulting and professional services.

Questions:
question: How is software and hardware revenue generated from?
answer: on premise software license sales, as well as sales of hardware scanner boxes and on premise appliance products
question: What is the value of Deposits software and hardware in fiscal 2019?
answer: $41,860
scale: thousand
question: What is the total revenue in the fiscal year 2018?
answer: $63,559
scale: thousand
question: What is the average of the Company’s total revenue from 2017 to 2019?
answer: 64513
derivation: (45,390+63,559+84,590)/3 
scale: thousand
question: What is the proportion of deposits revenue over total revenue in 2017?
answer: 0.71
derivation: 32,370/45,390 
question: Which year had the greatest amount of total revenue?
answer: 2019
derivation: 84,590> 63,559> 45,390
Year Ended December 31,
Change
2019
2018
$
%
(dollars in thousands)
General and administrative
$ 46,820
$ 31,462
$ 15,358
48.8%
% of revenue
23%
21%

text: General and Administrative Expense
text: General and administrative expense increased by $15.4 million in 2019 compared to 2018. The increase was primarily due to a $9.8 million increase in employee-related costs, which includes stock-based compensation, associated with our increased headcount from 89 employees as of December 31, 2018 to 113 employees as of December 31, 2019. There was an additional increase of $3.7 million in depreciation and amortization, $0.8 million to support compliance as a public company, a $0.6 million increase in office related expenses to support the administrative team, and an increase of $0.2 million in software subscription costs.

Questions:
question: What was the increase in the General and administrative expense in 2019?
answer: $15.4 million
question: What was the increase in the cost of depreciation and amortization from 2018 to 2019?
answer: $3.7 million
question: What was the % of revenue for General and administrative expense in 2019 and 2018?
answer: 23
21
scale: percent
question: What was the average General and administrative expense for 2018 and 2019?
answer: 39141
derivation: (46,820 + 31,462) / 2
scale: thousand
question: In which year was General and administrative expenses less than 50,000 thousands?
answer: 2019
2018
derivation: locate and analyze General and administrative in row 4
question: What is the change in the % of revenue from 2018 to 2019?
answer: 2
derivation: 23 - 21
scale: percent
Fiscal years ending June 30,
CDT
GXS GER
GXS PHP
2020
$675
$1,012
$161
2021
758
1,011
153
2022
832
1,044
352
2023
933
1,043
208
2024
1,041
1,050
272
2025 to 2028
6,009
5,308
2,389
Total
$10,248
$10,468
$3,535

text: Pensions
text: As of June 30, 2019, our total unfunded pension plan obligations were $77.5 million, of which $2.3 million is payable within the next twelve months. We expect to be able to make the long-term and short-term payments related to these obligations in the normal course of operations.
text: Our anticipated payments under our most significant plans for the fiscal years indicated below are as follows:
text: For a detailed discussion on pensions, see note 11 "Pension Plans and Other Post Retirement Benefits" to our Consolidated Financial Statements.

Questions:
question: What does the table show?
answer: anticipated payments under our most significant plans for the fiscal years
question: Where is a detailed discussion on pensions found?
answer: note 11 "Pension Plans and Other Post Retirement Benefits" to our Consolidated Financial Statements
question: What is the Total CDT for all years?
answer: 10,248
scale: thousand
question: What is the CDT of Fiscal year 2020 expressed as a percentage of Total CDT?
answer: 6.59
derivation: 675/10,248
scale: percent
question: What is the total anticipated payments for all plans till fiscal year 2028?
answer: 24251
derivation: 10,248+10,468+3,535
scale: thousand
question: What is the average annual payment for GXS PHP for fiscal year 2020 to 2024?
answer: 229.2
derivation: (161+153+352+208+272)/5
scale: thousand
Selected Financial Data (in thousands, except per share data)
Year Ended September 30,
2019
2018
2017
2016
2015
Income Statement Data
Revenue
$84,590
$63,559
$45,390
$34,701
$25,367
Operating income (loss)
$(4,590)
$(7,806)
$2,769
$1,824
$1,892
Net income (loss)
$(724)
$(11,807)
$14,092
$1,959
$2,526
Net income (loss) per share—basic
$(0.02)
$(0.33)
$0.43
$0.06
$0.08
Net income (loss) per share—diluted
$(0.02)
$(0.33)
$0.40
$0.06
$0.08
Balance Sheet Data
Working capital
$34,082
$17,221
$41,342
$31,980
$24,005
Total assets
$135,897
$127,150
$71,719
$48,385
$38,746
Other borrowings
$556
$810
$—
$—
$—
Stockholders’ equity
$107,333
$95,394
$61,408
$39,485
$30,433

text: ITEM 6. SELECTED FINANCIAL DATA.
text: The following selected financial data has been derived from our audited financial statements. This data should be read in conjunction with Item 7— “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our financial statements and related notes thereto included elsewhere in this Form 10-K. Our historical results are not necessarily indicative of operating results to be expected in the future.

Questions:
question: What does the table show us?
answer: selected financial data has been derived from our audited financial statements
question: How should the table be read together with?
answer: Item 7— “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our financial statements and related notes thereto included elsewhere in this Form 10-K
question: How much were the revenues from 2015 to 2019 respectively?
answer: $25,367
$34,701
$45,390
$63,559
$84,590
scale: thousand
question: What is the percentage change in working capital from 2018 to 2019?
answer: 97.91
derivation: (34,082-17,221)/17,221 
scale: percent
question: In which year did the company earn the highest net income?
answer: 2017
derivation: $ 14,092>$ 2,526>$ 1,959>$ (724)> $ (11,807)
question: What is the average total assets for the last 5 years, i.e. 2015 to 2019?
answer: 84379.4
derivation: (135,897+127,150+71,719+48,385+38,746)/5 
scale: thousand
Right-of-Use Assets
Vessel
Vessel Equipment
Properties
Other
Total
As of January 1, 2019
206,753(*)
2,630
4,969
19
214,371
Additions
1,001
336
1,080
47
2,464
Depreciation expense
(7,722)
(1,109)
(1,499)
(10)
(10,340)
As of December 31, 2019
200,032
1,857
4,550
56
206,495

text: GasLog Ltd. and its Subsidiaries
Notes to the consolidated financial statements (Continued)
For the years ended December 31, 2017, 2018 and 2019
(All amounts expressed in thousands of U.S. Dollars, except share and per share data)
text: 7. Leases (Continued)
text: On February 24, 2016, GasLog’s subsidiary, GAS-twenty six Ltd., completed the sale and leaseback of the Methane Julia Louise with a subsidiary of Mitsui. Mitsui has the right to on-sell and lease back the vessel. The vessel was sold to Mitsui for a cash consideration of $217,000. GasLog leased back the vessel under a bareboat charter from Mitsui for a period of up to 20 years. GasLog has the option to repurchase the vessel on pre-agreed terms no earlier than the end of year ten and no later than the end of year 17 of the bareboat charter. The bareboat hire is fixed and GasLog had a holiday period for the first 210 days, which expired on September 21, 2016. This leaseback meets the definition of a finance lease under IAS 17 Leases.
text: The movements in right-of use assets are reported in the following table:
text: *The balance as of December 31, 2018 represented the vessel held under finance lease and was included in the financial statement line ‘‘Vessel held under finance lease’’, which was renamed to ‘‘Right-of-use assets’’ as of January 1, 2019.

Questions:
question: How much was Methane Julia Louise sold for?
answer: $217,000
scale: thousand
question: Which company was the vessel sold to?
answer: Mitsui
question: What are the components of right-of use assets?
answer: Vessel
Vessel Equipment
Properties
Other
question: Which month was the vessel equipment higher?
answer: January
derivation: 2,630 > 1,857
question: What was the change in properties from start to end 2019?
answer: 419
derivation: 4,969 - 4,550 
scale: thousand
question: What was the percentage change in total right-of use assets  from start to end 2019?
answer: -3.67
derivation: (206,495 - 214,371)/214,371 
scale: percent
Accumulated Other Comprehensive Income (Loss)
Years ended
December 31, 2019
December 31, 2018
$
$
Balance, beginning of the year
(12,216)
3,435
Other comprehensive income (loss) before reclassifications
12,865
(19,821)
Loss on cash flow hedges reclassified from accumulated other comprehensive income (loss) to earnings were as follows:
Cost of revenues
279
255
Sales and marketing
1,538
1,224
Research and development
2,620
2,063
General and administrative
744
628
Tax effect on unrealized gain (loss) on cash flow hedges
(4,784)
—
Other comprehensive income (loss), net of tax
13,262
(15,651)
Balance, end of the year
1,046
(12,216)

text: Changes in Accumulated Other Comprehensive Income (Loss)
text: The following table summarizes the changes in accumulated other comprehensive income (loss), which is reported as a component of shareholders’ equity, for the years ended December 31, 2019 and 2018:
text: Expressed in US $000's except share and per share amounts

Questions:
question: What information does the table show?
answer: the changes in accumulated other comprehensive income (loss), which is reported as a component of shareholders’ equity, for the years ended December 31, 2019 and 2018:
question: What is the accumulated other comprehensive income at the beginning of 2019?
answer: (12,216)
scale: thousand
question: What is the accumulated other comprehensive income at the beginning of 2018?
answer: 3,435
scale: thousand
question: What is the average ending balance of accumulated other comprehensive income for 2018 and 2019?
answer: -5585
derivation: [1,046 + (-12,216)] /2
scale: thousand
question: What is the average reclassification of cost of revenues for 2018 and 2019?
answer: 267
derivation: (279+255)/2
scale: thousand
question: What is the average reclassification of sales and marketing for 2018 and 2019?
answer: 1381
derivation: (1,538+1,224)/2
scale: thousand
Group
31 March
31 March
1 April
2019
2018
2017
S$ Mil
S$ Mil
S$ Mil
Unamortised deferred gain
446.3
452.7
1,616.5
Reclassification from ‘Associates’ (see Note 23)
(50.5)
(74.9)
(265.0)
Net deferred gain
395.8
377.8
1,351.5
Classified as –
Current
20.8
20.1
68.8
Non-current
375.0
357.7
1,282.7
395.8
377.8
1,351.5

text: 31. NET DEFERRED GAIN (Cont’d)
text: NetLink Trust (“NLT”) is a business trust established as part of the Info-communications Media Development Authority of Singapore’s effective open access requirements under Singapore’s Next Generation Nationwide Broadband Network.
text: In prior years, Singtel had sold certain infrastructure assets, namely ducts, manholes and exchange buildings (“Assets”) to NLT. At the consolidated level, the gain on disposal of Assets recognised by Singtel is deferred in the Group’s statement of financial position and amortised over the useful lives of the Assets. The unamortised deferred gain is released to the Group’s income statement when NLT is partially or fully sold, based on the proportionate equity interest disposed.
text: Singtel sold its 100% interest in NLT to NetLink NBN Trust (the “Trust”) in July 2017 for cash as well as a 24.8% interest in the Trust. Net deferred gains of S$1.10 billion were correspondingly released to the Group’s income statement in the previous financial year upon this sale. Following the divestment, Singtel ceased to own units in NLT but continues to have an interest of 24.8% in the Trust which owns all the units in NLT.

Singtel sold its 100% interest in NLT to NetLink NBN Trust (the “Trust”) in July 2017 for cash as well as a 24.8% interest in the Trust. Net deferred gains of S$1.10 billion were correspondingly released to the Group’s income statement in the previous financial year upon this sale. Following the divestment, Singtel ceased to own units in NLT but continues to have an interest of 24.8% in the Trust which owns all the units in NLT.

Questions:
question: Why does this net deferred gain balance exist?
answer: gain on disposal of Assets recognised by Singtel is deferred in the Group’s statement of financial position and amortised over the useful lives of the Assets
question: Why is there still a balance of net deferred gain since Singtel sold its 100% interest in NLT to NetLink NBN Trust in July 2017?
answer: Singtel ceased to own units in NLT but continues to have an interest of 24.8% in the Trust which owns all the units in NLT
question: What "Assets" did Singtel sell to NLT?
answer: ducts, manholes and exchange buildings
question: In which year was the net deferred gain balance the highest?
answer: 2017
derivation: 1,351.5 > 395.8 > 377.8 
question: What is the % change in net deferred gain classified under non-current from 2018 to 2019?
answer: 4.84
derivation: (375.0 - 357.7) / 357.7
scale: percent
question: In which year has the highest % of the net deferred gain classified as current?
answer: 2018
derivation: (20.1/377.8) > (20.8/395.8) > (68.8/1,351.5)
Years Ended
2019 vs. 2018
July 27, 2019
July 28, 2018
July 29, 2017
Variance in Dollars
Interest income
$1,308
$1,508
$1,338
$(200)
Interest expense
(859)
(943)
(861)
84
Interest income (expense), net
$449
$565
$477
$(116)

text: Interest and Other Income (Loss), Net
text: Interest Income (Expense), Net The following table summarizes interest income and interest expense (in millions):
text: Interest income decreased, driven by a decrease in the average balance of cash and available-for-sale debt investments. The decrease in interest expense was driven by a lower average debt balance, partially offset by the impact of higher effective interest rates.

Questions:
question: Why did interest income decrease?
answer: driven by a decrease in the average balance of cash and available-for-sale debt investments.
question: Which years does the table provide information for interest income and interest expense?
answer: 2019
2018
2017
question: What was the interest expense in 2017?
answer: (861)
scale: million
question: What was the change in Interest expense between 2017 and 2018?
answer: -82
derivation: -943-(-861)
scale: million
question: What was the change in Interest income between 2018 and 2019?
answer: -200
derivation: 1,308-1,508
scale: million
question: What was the percentage change in the net interest income (expense) between 2018 and 2019?
answer: -20.53
derivation: (449-565)/565
scale: percent