next-tat/TAT-QA huggingface dataset:
(in millions)
Payment Due by Period
Total
Less than 1 year
1-3 years
3-5 years
More than 5 years
Term Loan and Notes, including interest
$4,373.3
$3,227.0
$65.0
$65.0
$1,016.3
Operating lease obligations, net
711.5
88.7
158.0
126.9
337.9
Purchase obligations
2,036.5
545.0
935.8
555.7
—
Total
$7,121.3
$3,860.7
$1,158.8
$747.6
$1,354.2

text: Contractual Obligations
text: The following table summarizes our contractual obligations as of November 29, 2019:
text: As of November 29, 2019, our Term Loan’s carrying value was $2.25 billion. At our election, the Term Loan will bear interest at either (i) the London Interbank Offered Rate (“LIBOR”) plus a margin, based on our debt ratings, ranging from 0.500% to 1.000% or (ii) a base rate plus a margin, based on our debt ratings, ranging from 0.040% to 0.110%. Interest is payable periodically, in arrears, at the end of each interest period we elect. Based on the LIBOR rate at November 29, 2019, our estimated maximum commitment for interest payments was $23.2 million for the remaining duration of the Term Loan.
text: As of November 29, 2019, the carrying value of our Notes payable was $1.89 billion. Interest on our Notes is payable semi-annually, in arrears on February 1 and August 1. At November 29, 2019, our maximum commitment for interest payments was $200.1 million for the remaining duration of our Notes.
text: Our Term Loan and Revolving Credit Agreement contain similar financial covenants requiring us not to exceed a maximum leverage ratio. As of November 29, 2019, we were in compliance with this covenant. We believe this covenant will not impact our credit or cash in the coming fiscal year or restrict our ability to execute our business plan. Our senior notes do not contain any financial covenants.
text: Under the terms of our Term Loan and Revolving Credit Agreement, we are not prohibited from paying cash dividends unless payment would trigger an event of default or if one currently exists. We do not anticipate paying any cash dividends in the foreseeable future.

Questions:
question: What is the estimated maximum commitment for interest payments for the remaining duration of the Term Loan based on the LIBOR rate?
answer: $23.2 million
question: What portion of term loan and notes, including interest have payment due more than 5 years?
answer: 23.24
derivation: 1,016.3/4,373.3 
scale: percent
question: What proportion of operating lease obligations (net) consists of payment obligations that due in less than a year?
answer: 0.12
derivation: 88.7/711.5
question: What is the carrying value of Notes payable as of November 29 2019?
answer: $1.89
scale: billion
question: How often is payment for interest on Notes made?
answer: semi-annually
question: What is the value of contractual obligations for purchase obligations with payment due period of a maximum of 3 years?
answer: 1480.8
derivation: 545+935.8
scale: million
December 31,
2019
2018
Cable-ships and submersibles
$ 246.5
$ 251.1
Equipment, furniture and fixtures, and software
214.1
148.0
Building and leasehold improvements
48.9
47.3
Land
36.8
32.8
Construction in progress
14.3
12.9
Plant and transportation equipment
13.5
12.0
574.1
504.1
Less: Accumulated depreciation
168.3
127.8
Total
$ 405.8
$ 376.3

text: Property, plant and equipment consists of the following (in millions):
text: Depreciation expense was $52.3 million and $46.6 million for the years ended December 31, 2019 and 2018, respectively. These amounts included $9.1 million and $7.0 million of depreciation expense recognized within cost of revenue for the years ended December 31, 2019 and 2018, respectively.
text: As of December 31, 2019 and 2018 total net book value of equipment, cable-ships, and submersibles under capital leases consisted of $35.1 million and $40.0 million, respectively.
text: For the year ended December 31, 2018, our Energy segment recorded an impairment expense of $0.7 million, of which $0.4 million was due to station performance and $0.3 million was related to the abandonment of a station development project.

Questions:
question: What was the depreciation expense in 2019?
answer: $52.3 million
question: What is the total property, plant and equipment in 2019?
answer: $ 405.8
scale: million
question: What was the impairment expense for Energy segment in 2018?
answer: $0.7 million
question: What is the change in the Cable-ships and submersibles from 2018 to 2019?
answer: -4.6
derivation: 246.5 - 251.1
scale: million
question: What is the average Equipment, furniture and fixtures, and software for 2018 and 2019?
answer: 181.05
derivation: (214.1 + 148.0) / 2
scale: million
question: What is the average Building and leasehold improvements for 2018 and 2019?
answer: 48.1
derivation: (48.9 + 47.3) / 2
scale: million
(In thousands)
2019
2018
Land
$4,575
$4,575
Building and land improvements
34,797
34,379
Building
68,157
68,183
Furniture and fixtures
19,959
19,831
Computer hardware and software
74,399
92,071
Engineering and other equipment
130,430
127,060
Total Property, Plant and Equipment
332,317
346,099
Less accumulated depreciation
(258,609)
(265,464)
Total Property, Plant and Equipment, net
$73,708
$80,635

text: Note 8 – Property, Plant and Equipment
text: As of December 31, 2019 and 2018, property, plant and equipment was comprised of the following:
text: Depreciation expense was $12.5 million, $12.7 million and $12.8 million for the years ended December 31, 2019, 2018 and 2017, respectively, which is recorded in cost of sales, selling, general and administrative expense and research and development expense in the consolidated statements of income.
text: We assess long-lived assets used in operations for potential impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable and the undiscounted cash flows estimated to be generated by the asset are less than the asset’s carrying value. During the year ended December 31, 2019, the Company recognized impairment charges of $3.9 million related to the abandonment of certain information technology projects in which we had previously capitalized expenses related to these projects. The impairment charges were determined based on actual costs incurred as part of the projects. No impairment charges were recognized during the years ended December 31, 2018 and 2017.

Questions:
question: What was the depreciation expense in 2019?
answer: $12.5 million
question: What was the  Total Property, Plant and Equipment, net in 2019?
answer: $73,708
scale: thousand
question: What was the amount of building assets in 2019?
answer: 68,157
scale: thousand
question: What was the change in furniture and fixtures between 2018 and 2019?
answer: 128
derivation: 19,959-19,831
scale: thousand
question: What was the change in engineering and other equipment between 2018 and 2019?
answer: 3370
derivation: 130,430-127,060
scale: thousand
question: What was the percentage change in net total property, plant and equipment between 2018 and 2019?
answer: -8.59
derivation: ($73,708-$80,635)/$80,635
scale: percent
Years Ended December 31,
2019
2018
2017
Employee stock options
$219
$438
$1,980
Restricted stock awards and units
29,031
27,974
28,909
Employee stock purchase plan
2,304
2,599
2,573
Total stock-based compensation expense
$31,554
$31,011
$33,462

text: Stock-based compensation expense categorized by various equity components for the years ended December 31, 2019, 2018 and 2017 is summarized in the table below (in thousands):
text: During the years ended December 31, 2019, 2018 and 2017, the Company granted stock options covering zero, zero and 70,000 shares, respectively. The 2017 estimated per share fair value of the grant was $4.62 before estimated forfeitures.
text: The total fair value of restricted stock awards and units vested during the years ended December 31, 2019, 2018 and 2017 was $30.1 million, $30.4 million and $22.7 million, respectively.
text: The total intrinsic value of options exercised during the years ended December 31, 2019, 2018 and 2017 was $0.2 million, $1.0 million and $5.5 million, respectively. The intrinsic value is calculated as the difference between the market value on the date of exercise and the exercise price of the shares.
text: As of December 31, 2019, the unrecognized stock-based compensation balance after estimated forfeitures consisted of $0.1 million related to unvested stock options, to be recognized over an estimated weighted average amortization period of 1.5 years, and $40.3 million related to restricted stock awards and units, including performance-based awards and units, to be recognized over an estimated weighted average amortization period of 2.3 years.
text: As of December 31, 2018, the unrecognized stock-based compensation balance after estimated forfeitures related to unvested stock options was $0.3 million to be recognized over an estimated weighted average amortization period of 2.0 years and $40.6 million related to restricted stock awards and units, including performance-based awards and units, to be recognized over an estimated weighted average amortization period of 2.2 years.

Questions:
question: What is the estimated per share fair value of the granted stock options before estimated forfeitures in 2017?
answer: $4.62
question: What is the total fair value of restricted stock awards and units in 2018 and 2017, respectively? 
answer: $30.4 million
$22.7 million
question: How does the company calculate the intrinsic value?
answer: the difference between the market value on the date of exercise and the exercise price of the shares
question: What is the proportion of employee stock options and employee stock purchase plans over total stock-based compensation expense in 2018?
answer: 0.1
derivation: (438+2,599)/31,011 
question: What is the average total stock-based compensation expense for the last 3 years (2017 - 2019)?
answer: 32009
derivation: (31,554+31,011+33,462)/3 
scale: thousand
question: What is the percentage change in restricted stock awards and units’ expenses from 2018 to 2019?
answer: 3.78
derivation: (29,031-27,974)/27,974 
scale: percent
For the Year Ended December 31,
2019
2018
Cloud and related solutions
$896,164
$766,377
Software and services
52,364
58,101
Maintenance
48,282
50,581
Total revenues
$996,810
$875,059

text: Disaggregation of Revenues
text: The nature, amount, timing and uncertainty of our revenue and how revenue and cash flows are affected by economic factors is most appropriately depicted by type of revenue as presented below (in thousands) and by geographic region as presented in Note 3

Questions:
question: What is a factor affecting the nature, amount, timing and uncertainty of the company's revenue?
answer: Maintenance
question: What is the amount of cash flow pertaining to maintenance in 2019?
answer: 48,282
scale: thousand
question: What is the amount of revenue earned by the company in 2019?
answer: $996,810
scale: thousand
question: What is the percentage change in revenue between 2018 and 2019?
answer: 13.91
derivation: (996,810-875,059)/875,059
scale: percent
question: What is the proportion of total revenue arising from cloud and related solutions in 2019?
answer: 89.9
derivation: 896,164/996,810 
scale: percent
question: What is the total revenue earned from 2018 to 2019?
answer: 1871869
derivation: $875,059+$996,810 
scale: thousand
2019
2018
Restaurants:
Restaurant facility expenditures
$9,202
$17,949
Purchases of assets intended for sale or sale and leaseback
21,660
5,497
New restaurants
1,381
2,088
Other, including information technology
3,597
7,572
35,840
33,106
Corporate Services:
Information technology
9,405
4,584
Other, including facility improvements
2,404
152
11,809
4,736
Total capital expenditures
$47,649
$37,842

text: Investing Activities. Cash flows (used in) provided by investing activities changed from a source of$65.7 million in 2018 to a use of $13.8 million in 2019. This change of$79.5 million primarily resulted from a decrease of$62.9 million in cash proceeds from the sale of company-operated restaurants, including repayments of notes issued in connection with 2018 refranchising transactions, and an increase of $9.8 million in capital expenditures.
text: Capital Expenditures — The composition of capital expenditures in each fiscal year is summarized in the table below (in thousands):
text: Our capital expenditure program includes, among other things, restaurant remodeling, information technology enhancements, and investments in new locations and equipment. In 2019, capital expenditures increased by $9.8 million primarily due to an increase of $16.2 million in purchases of assets intended for sale or sale and leaseback, partially offset by a $8.7 million decrease in restaurant capital maintenance and facility improvement spending mainly from a decrease in the average number of company-operated restaurants compared to the prior year. The increase in purchases of assets intended for sale or sale and leaseback was primarily due to the Company’s purchase of a commercial property in Los Angeles, California, on which an existing company restaurant and another retail tenant are located. The purchase price was $17.3 million, and we currently intend to sell the entire property and lease back the parcel on which our company operated restaurant is located within the next 12 months.

Questions:
question: What is the total capital expenditure in 2019?
answer: $47,649
scale: thousand
question: What is the increase in capital expenditure from 2018 to 2019?
answer: $9.8 million
question: Why was there an increase in purchases of assets intended for sale or sale and leaseback?
answer: Purchase of a commercial property in Los Angeles, California
question: What is the difference in restaurant facility expenditures between 2018 and 2019?
answer: 8747
derivation: $17,949 - $9,202 
scale: thousand
question: What is the average capital expenditure spent on information technology for 2018 and 2019?
answer: 6994.5
derivation: ($9,405+$4,584)/2 
scale: thousand
question: What is the difference in total capital expenditure for restaurants and total capital expenditure for corporate services in 2018?
answer: 28370
derivation: $33,106-$4,736
scale: thousand
Years Ended December 31,
2019
2018
2017
(in thousands)
Revenue:
Royalty and license fees
$81,943
$186,425
$205,809
Total revenue
81,943
186,425
205,809
Operating expenses:
Research, development and other related costs
28,732
27,514
30,039
Litigation
3,471
26,099
36,209
Amortization
11,871
19,906
21,590
Total operating expenses (1)
44,074
73,519
87,838
Total operating income
$37,869
$112,906
$117,971

text: Semiconductor and IP Licensing Segment
text: (1) Excludes operating expenses which are not allocated on a segment basis.
text: Semiconductor and IP Licensing segment revenue for the year ended December 31, 2019 was $81.9 million as compared to $186.4 million for the year ended December 31, 2018, a decrease of $104.5 million. The decrease in revenue was due principally to revenue recorded in 2018 related to the Samsung settlement and license agreement executed in December 2018, partially offset by a one-time payment from a new license agreement signed in December 2019.

Questions:
question: What was the primary cause of the decrease in revenue in 2019 compared to 2018?
answer: revenue recorded in 2018 related to the Samsung settlement and license agreement executed in December 2018, partially offset by a one-time payment from a new license agreement signed in December 2019
question: What was the revenue change between 2018 and 2019?
answer: $104.5 million
question: What was the total operating expense in 2017 and 2018, respectively?
answer: 73,519
44,074
scale: thousand
question: Which year did the Semiconductor and IP Licensing segment have the highest total operating income?
answer: 2017
derivation: 117,971>112,906>37,869
question: What is the percentage of research, development, and other related costs as well as litigation expenses over total operating expenses in 2018?
answer: 72.92
derivation: (27,514+26,099)/73,519 
scale: percent
question: What is the average revenue that the company received in the last three years, i.e. from 2017 to 2019?
answer: 158059
derivation: (81,943+186,425+205,809)/3 
scale: thousand
2019
2018
$ CHANGE
% CHANGE
Debt due within one year
3,881
4,645
(764)
(16.4%)
Long-term debt
22,415
19,760
2,655
13.4%
Preferred shares (1)
2,002
2,002
–
–
Cash and cash equivalents
(145)
(425)
280
65.9%
Net debt
28,153
25,982
2,171
8.4%

text: 6.1 Net debt
text: (1) 50% of outstanding preferred shares of $4,004 million in 2019 and 2018 are classified as debt consistent with the treatment by some credit rating agencies.
text: The increase of $1,891 million in total debt, comprised of debt due within one year and long-term debt, was due to: • an increase in our lease liabilities of $2,304 million as a result of the adoption of IFRS 16 on January 1, 2019 • the issuance by Bell Canada of Series M-49 and Series M-50 MTN debentures with total principal amounts of $600  million and $550 million in Canadian dollars, respectively, and Series US-2 Notes with a total principal amount of $600 million in U.S. dollars ($808 million in Canadian dollars) • an increase in our securitized trade receivables of $131 million
text: Partly offset by: • the early redemption of Series M-27 MTN debentures and Series M-37 debentures with total principal amounts of $1 billion and $400 million, respectively • a decrease in our notes payable (net of issuances) of $1,073 million • a net decrease of $29 million in our lease liabilities and other debt
text: The decrease in cash and cash equivalents of $280 million was due mainly to: • $2,819 million of dividends paid on BCE common shares • $1,216 million of debt repayments (net of issuances) • $142 million paid for the purchase on the open market of BCE common shares for the settlement of share-based payments • $60 million acquisition and other costs paid
text: Partly offset by: • $3,818 million of free cash flow • $240 million issuance of common shares from the exercise of stock options

Questions:
question: What is the total debt comprised of?
answer: debt due within one year and long-term debt
question: What is the $ change in cash and cash equivalents?
answer: $280 million
question: What is the $ change in net debt?
answer: 2,171
scale: million
question: What is the Debt due within one year expressed as a ratio of Long-term debt for 2019?
answer: 0.17
derivation: 3,881/22,415
question: What is the percentage of long-term debt over net debt in 2019?
answer: 79.62
derivation: 22,415/28,153
scale: percent
question: What is the change in the net debt in 2019?
answer: 2171
derivation: 28,153-25,982
scale: million
Year Ended December 31,
2019
2018
(In thousands)
Revenues
$36,898
$36,149
Income from operations
$4,461
$4,973
Income from operations as a % of revenues
12%
14%

text: Europe
text: Europe net revenues increased $749,000 in 2019 compared to 2018 (see “Revenues” above). Europe expenses increased $1.3 million from 2018 to 2019 primarily due to increased marketing costs.
text: Foreign currency movements relative to the U.S. dollar negatively impacted our local currency income from our operations in Europe by approximately $207,000 and $181,000 for 2019 and 2018, respectively.

Questions:
question: What is the revenue amount in 2019 and 2018 respectively?
answer: $36,898
$36,149
scale: thousand
question: What is the income from operations in 2019 and 2018 respectively?
answer: $4,461
$4,973
scale: thousand
question: Why did Europe expenses increase from 2018 to 2019?
answer: primarily due to increased marketing costs
question: What is the average income from operations in 2018 and 2019?
answer: 4717
derivation: (4,461+ 4,973)/2
scale: thousand
question: What is the change in income from operations between 2018 and 2019?
answer: -512
derivation: 4,461-4,973
scale: thousand
question: What is the percentage change in revenues from 2018 to 2019?
answer: 2.07
derivation: (36,898-36,149)/36,149
scale: percent
Fiscal 2018
Fiscal 2019
High
Low
High
Low
4th Quarter
$100.00
$73.41
$89.00
$ 81.10
3rd Quarter
100.00
88.27
98.35
81.30
2nd Quarter
101.51
88.01
99.87
84.10
1st Quarter
99.75
77.92
97.85
86.61

text: ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
text: MARKET FOR COMMON STOCK
text: The Company’s common stock trades on NYSE American under the trading symbol “DIT”. As of October 31, 2019 the closing price of our common stock on NYSE American was $73.00 and there were 565,942 common shares outstanding. As of that date, the Company had approximately 521 persons holding common shares beneficially of which approximately 121 are shareholders of record (including direct participants in the Depository Trust Company). The following table reflects the range of the high and low closing prices per share of the Company’s common stock reported by NYSE American for fiscal 2019 and 2018.

Questions:
question: What is the closing price of the company's common stock on NYSE American as of October 31, 2019?
answer: $73.00
question: What are the respective high and low closing prices per share of the Company’s common stock reported by NYSE American for the 1st Quarter of fiscal 2019?
answer: 99.75
77.92
question: What are the respective high and low closing prices per share of the Company’s common stock reported by NYSE American for the 2nd Quarter of fiscal 2019?
answer: 101.51
88.01
question: What is the average high closing prices per share of the Company’s common stock reported by NYSE American for fiscal 2019?
answer: 100.31
derivation: (100.00 + 100.00 + 101.51 + 99.75)/4 
question: What is the average high closing prices per share of the Company’s common stock reported by NYSE American for fiscal 2018?
answer: 96.27
derivation: (89.00 + 98.35 + 99.87 + 97.85)/4 
question: What is the percentage change in the high closing prices per share of the Company’s common stock reported by NYSE American between Quarter 4 of fiscal 2018 and 2019?
answer: 12.36
derivation: (100-89)/89 
scale: percent
Fiscal Year Ended
December 28, 2019
December 29, 2018
$ Change
% Change
(Dollars in thousands)
Selling, general and administrative
$106,335
$99,254
$7,081
7.1 %
% of revenues
18.0 %
18.7 %
Fiscal Year Ended
December 29, 2018
December 30, 2017
$ Change
% Change
(Dollars in thousands)
Selling, general and administrative
$99,254
$95,489
$3,765
3.9 %
% of revenues
18.7 %
17.4 %

text: Selling, General and Administrative
text: The increase in selling, general and administrative in fiscal 2019 compared to fiscal 2018 was primarily due to higher variable costs on increased sales volumes, primarily related to increases in headcount costs and employee incentive compensation, as well as additional costs from the FRT acquisition, offset partially by a decrease in the amortization of intangible assets.

Questions:
question: What led to increase in selling, general and administrative in fiscal 2019 compared to fiscal 2018?
answer: The increase in selling, general and administrative in fiscal 2019 compared to fiscal 2018 was primarily due to higher variable costs on increased sales volumes
question: What is the average Selling, general and administrative for the Fiscal Year Ended December 28, 2019 to December 29, 2018?  
answer: 102794.5
derivation: (106,335+99,254) / 2
scale: thousand
question: What is the average Selling, general and administrative for the Fiscal Year Ended December 29, 2018 to December 30, 2017?
answer: 97371.5
derivation: (99,254+95,489) / 2
scale: thousand
question: In which year was Selling, general and administrative less than 100,000 thousands?
answer: 2018
2017
derivation: locate and analyze the Selling, general and administrative in row 4
question: What is the percentage of revenue in 2019 and 2018?
answer: 18.0
18.7
scale: percent
question: What was the Selling, general and administrative in 2018 and 2017?
answer: 99,254
95,489
scale: thousand