next-tat/TAT-QA huggingface dataset:
Fiscal Year Ending December 31, 2018
Quarter Ended
High $
Low $
March 31, 2018  
4.98
3.36
June 30, 2018  
11.00
4.29
September 30, 2018  
18.39
9.32
December 31, 2018  
18.00
8.92

text: Market Information
text: Our common stock is traded under the symbol “OPRX” on the Nasdaq Capital Market. Only a limited market exists for our securities. There is no assurance that a regular trading market will develop, or if developed, that it will be sustained. Therefore, a shareholder may be unable to resell his securities in our company.
text: The following tables set forth the range of high and low bid information for our common stock for the each of the periods indicated. These quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.
text: On March 24, 2020, the last sales price per share of our common stock was $7.93

Questions:
question: What is the Company’s trading symbol? 
answer: OPRX
question: What does the table show us?
answer: the range of high and low bid information for our common stock for the each of the periods indicated
question: What was the last sales price per share of the Company’s common stock on March 24, 2020?
answer: $7.93
question: What is the average of high bids throughout 2018? 
answer: 13.09
derivation: (4.98+11.00+18.39+18.00)/4 
question: Which quarter had the greatest low bid on the Company’s common stock?
answer: September 30, 2018
derivation: 9.32>8.92>4.29>3.36
question: What is the ratio of the last sales price of the Company’s common stock on March 24, 2020, to the low bid on September 30, 2018?
answer: 0.85
derivation: 7.93/9.32
2019
2018
£m
£m
Cost:
At 1st January
445.8
269.4
Share options issued to subsidiary company employees
2.2
2.6
Additions
214.0
173.8
At 31st December
662.0
445.8

text: 2 Investments in subsidiaries
text: Investments are stated at cost less provisions for any impairment in value.
text: Additions in the year relate to investments in Gestra Holdings Limited £1.6m and Spirax Sarco America Investments Limited £212.4m. Spirax Sarco America Investments Limited was incorporated on 24th October 2018 with the purpose of holding Group US$ investments and loans. Gestra Holdings Limited was incorporated on 9th October 2018 with the purpose of holding other Gestra Companies.
text: Details relating to subsidiary undertakings are given on pages 207 to 211. Except where stated all classes of shares were 100% owned by the Group at 31st December 2019. The country of incorporation of the principal Group companies is the same as the country of operation with the exception of companies operating in the United Kingdom which are incorporated in Great Britain. All operate in steam, electrical thermal energy solutions, fluid path technologies or peristaltic pumping markets except those companies identified as a holding company on pages 207 to 211.

Questions:
question: What is the country of incorporation of the principal Group companies?
answer: the same as the country of operation with the exception of companies operating in the United Kingdom which are incorporated in Great Britain
question: What is the cost of investment at the end of 2019?
answer: 662.0
scale: million
question: What made up the Additions in the year of 2019?
answer: investments in Gestra Holdings Limited £1.6m
Spirax Sarco America Investments Limited £212.4m
question: In which year was the Share options issued to subsidiary company employees larger?
answer: 2018
derivation: 2.6>2.2
question: What was the change in the cost at 31st December in 2019 from 2018?
answer: 216.2
derivation: 662.0-445.8
scale: million
question: What was the percentage change in the cost at 31st December in 2019 from 2018?
answer: 48.5
derivation: (662.0-445.8)/445.8
scale: percent
December 31, 2019
Customer Relationships
Developed Technologies
Trade Name
Total
Gross carrying amount
$52,000
32,000
3,000
87,000
Accumulated amortization
(13,866)
(18,286)
(3,000)
(35,152)
Intangible assets, net
$38,134
$13,714
$—
$51,848

text: Note 9. Intangible Assets, net
text: The Company’s definite-lived intangible assets as of December 31, 2019 and 2018 consisted of the following:
text: Amortization of definite-lived intangible assets is provided over their estimated useful lives on a straight-line basis or the pattern in which economic benefits are consumed, if reliably determinable. The Company reviews its definite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Amortization expense from continuing and discontinued operations was $8,879 and $9,150 for the years ended December 31, 2019 and 2018, respectively

Questions:
question: What are the respective values of the gross carrying amounts of Customer Relationships and Developed Technologies in 2019?
answer: 52,000
32,000
question: What are the respective values of the accumulated amortization of Customer Relationships and Developed Technologies in 2019?
answer: 13,866
18,286
question: What are the respective values of the net intangible assets of Customer Relationships and Developed Technologies in 2019?
answer: $38,134
$13,714
question: What is the average gross carrying amounts of Customer Relationships and Developed Technologies in 2019?
answer: 42000
derivation: (52,000 + 32,000)/2 
question: What is the average gross carrying amounts of Trade Name and Developed Technologies in 2019?
answer: 17500
derivation: (32,000 + 3,000)/2 
question: What is the value of the Trade Name as a percentage of the total gross carrying amount in 2019?
answer: 3.45
derivation: 3,000/87,000 
scale: percent
For Fiscal Years
2019 Basic
2018 Basic
Weighted average common shares outstanding
597,961
660,925
Net income available to common shareholders
$3,202,943
$3,614,610
Net earnings per share available to common shareholders
$5.36
$5.47

text: 3. EARNINGS PER SHARE:
text: Basic earnings per share available to common shareholders is calculated by dividing net income less preferred stock dividend requirements by the weighted average common shares outstanding for each period. Diluted earnings per share available to common shareholders is calculated by dividing income from operations less preferred stock dividend requirements (when anti-dilutive) by the sum of the weighted average common shares outstanding and the weighted average dilutive equity awards.

Questions:
question: How is basic earnings per share available to common shareholders calculated?
answer: dividing net income less preferred stock dividend requirements by the weighted average common shares outstanding for each period.
question: How is diluted earnings per share available to common shareholders calculated?
answer: dividing income from operations less preferred stock dividend requirements (when anti-dilutive) by the sum of the weighted average common shares outstanding and the weighted average dilutive equity awards.
question: What are the respective weighted average basic common shares outstanding for fiscal years 2018 and 2019?
answer: 660,925
597,961
question: What is the percentage change in the weighted average basic common shares outstanding between 2018 and 2019?
answer: -9.53
derivation: (597,961 - 660,925)/660,925 
scale: percent
question: What is the percentage change in the net income available to common shareholders between 2018 and 2019?
answer: -11.39
derivation: (3,202,943 - 3,614,610)/3,614,610 
scale: percent
question: What is the average net earnings per share available to common basic shareholders in 2018 and 2019?
answer: 5.42
derivation: (5.47 + 5.36)/2
Fiscal Years Ended March 31,
2019
2018
2017
Current:
Federal
$170
$223
$—
State and local
161
50
62
Foreign
9,966
8,295
4,247
Total current income tax expense from continuing operations
10,297
8,568
4,309
Deferred:
Federal
(43,804)
(807)
(6)
State and local
(773)
(96)
(97)
Foreign (1)
(5,180)
1,467
88
Deferred tax expense (benefit) from continuing operations (1)
(49,757)
564
(15)
Provision for income tax expense (benefit) (1)
$(39,460)
$9,132
$4,294

text: Note 11: Income Taxes
text: The provision for income tax expense (benefit) is as follows (amounts in thousands):
text: (1) Fiscal years ended March 31, 2018 and 2017 adjusted due to the adoption of ASC 606.
text: The Company realized a deferred tax expense (benefit) for fiscal years ended 2019, 2018 and 2017 of ($50.1) million, $0.6 million and $1.2 million, respectively, in U.S. and certain foreign jurisdictions based on changes in judgment about the realizability of deferred tax assets in future years.

Questions:
question: How much was the deferred tax expense (benefit) in 2017?
answer: $1.2 million
question: What was the current federal income tax expense(benefit) in 2019?
answer: 170
scale: thousand
question: What was the current State and Local income tax expense (benefit) in 2017?
answer: 62
scale: thousand
question: How many years did Total current income tax expense from continuing operations exceed $10,000 thousand?
answer: 1
derivation: 2019
question: What was the change in current foreign income tax expense between 2017 and 2018?
answer: 4048
derivation: 8,295-4,247
scale: thousand
question: What was the percentage change in the deferred federal income tax expense between 2018 and 2019?
answer: 5328
derivation: (-43,804-(-807))/-807
scale: percent
Fiscal years ended
February 28,
(In thousands)
2019
2018
$ Change
% Change
Segment
Telematics Systems
$40,821
$48,943
$(8,122)
(17.0%)
Software & Subscription Services
13,093
8,233
4,860
59.0%
Corporate Expense
(5,699)
(4,794)
(905)
19.0%
Total Adjusted EBITDA
$48,215
$52,382
$(4,167)
(8.0%)

text: Profitability Measures
text: Net Income:
text: Our net income in the fiscal year ended February 28, 2019 was $18.4 million as compared to net income of $16.6 million in the same period last year. The increase is due to a $11.7 million increase in operating income, $3.0 million increase in investment income and $12.0 million decrease in income tax provision. The increase in operating income was primarily attributable to $21.0 million decrease in general and administrative expense due to reduced legal provision and related costs as further discussed in Note 19 and partially offset by $8.0 million of restructuring expense.
text: Adjusted EBITDA for Telematics Systems in the fiscal year ended February 28, 2019 decreased $8.1 million compared to the same period last year due to lower revenues as described above and the impact of high margin revenue earned on a strategic technology partnership arrangement in fiscal 2018. These factors were coupled with higher operating expenses in Telematics Systems as a result of increased headcount and outsourced professional service fees. Adjusted EBITDA for Software and Subscription Services increased $4.9 million compared to the same period last year due primarily to continued growth in revenues and gross profit from our Italia market and higher gross profit from our fleet management services.
text: See Note 20 for reconciliation of Adjusted EBITDA by reportable segments and a reconciliation to GAAP-basis net income (loss).

Questions:
question: What was the Total Adjusted EBITDA for the fiscal year ended February 28, 2018?
answer: 52,382
scale: thousand
question: What were other factors that caused the decrease in adjusted EBITDA for Telematics Systems other than lower revenues and impact of high margin revenue earned?
answer: increased headcount and outsourced professional service fees.
question: What was the Total Adjusted EBITDA for the fiscal year ended February 28, 2019?
answer: 48,215
scale: thousand
question: What is the total Adjusted EBITDA for Telematics Systems and Software & Subscription Services in 2019? 
answer: 53914
derivation: (40,821+13,093)
scale: thousand
question: What is the total Adjusted EBITDA for Telematics Systems and Software & Subscription Services in 2018?
answer: 57176
derivation: (48,943+8,233)
scale: thousand
question: What was the average Corporate Expense for both years, 2018 and 2019?
answer: -5246.5
derivation: (-5,699-4,794)/(2019-2018+1)
scale: thousand
Year Ended May 31,
(in millions)
2019
2018
2017
Total revenues for operating segments
$39,526
$39,430
$37,963
Cloud and license revenues (1)
(20)
(47)
(171)
Total revenues
$39,506
$39,383
$37,792
Total margin for operating segments
$23,981
$23,857
$23,208
Cloud and license revenues (1)
(20)
(47)
(171)
research and development
(6,026)
(6,084)
(6,153)
General and administrative
(1,265)
(1,282)
(1,172)
Amortization of intangible assets
(1,689)
(1,620)
(1,451)
Acquisition related and other
(44)
(52)
(103)
restructuring
(443)
(588)
(463)
Stock-based compensation for operating segments
(518)
(505)
(415)
Expense allocations and other, net
(441)
(415)
(367)
Interest expense
(2,082)
(2,025)
(1,798)
Non-operating income, net
815
1,185
565
Income before provision for income taxes
$12,268
$12,424
$11,680

text: The following tabl e reconciles total operating segment revenues to total revenues as well as total operating segment margin to income before provision for income taxes:
text: (1) Cloud and license revenues presented for management reporting included revenues related to cloud and license obligations that would have otherwise been recorded by the acquired businesses as independent entities but were not recognized in our consolidated statements of operations for the periods presented due to business combination accounting requirements. See Note 9 for an explanation of these adjustments and this table for a reconciliation of our total operating segment revenues to our total revenues as reported in our consolidated statements of operations.

Questions:
question: How much was the research and development and restructuring expenses in 2019?
answer: 6469
derivation: 6,026+443 
scale: million
question: How much was the percentage change in total revenues from 2017 to 2019?
answer: 4.54
derivation: (39,506-37,792)/37,792 
scale: percent
question: How much more was spent on interest expense than on stock-based compensation for operating segments in 2018?
answer: 1520
derivation: 2,025-505 
scale: million
question: Which month was the financial year end?
answer: May
question: Does the values in the table represent values before or after provision of income taxes?
answer: The following tabl e reconciles total operating segment revenues to total revenues as well as total operating segment margin to income before provision for income taxes
question: What was the amortization of intangible assets for 2019 and 2017?
answer: 1,689
1,451
scale: million
2019
2018
Land, buildings and improvements
$289,051
$267,809
Machinery and equipment
381,656
364,034
Computer hardware and software
136,227
130,645
Capital assets in progress
49,599
38,469
Total property, plant and equipment, gross 
856,533
800,957
Less: accumulated depreciation 
(472,309)
(459,651)
Total property, plant and equipment, net
384,224
341,306

text: 3. Property, Plant and Equipment
text: Property, plant and equipment as of September 28, 2019 and September 29, 2018 consisted of the following (in thousands):

Questions:
question: Which years does the table provide information for Property, plant and equipment?
answer: 2019
2018
question: What was the amount of Land, buildings and improvements in 2018?
answer: 267,809
scale: thousand
question: What was the amount of Capital assets in progress in 2019?
answer: 49,599
scale: thousand
question: Which years did Machinery and equipment exceed $300,000 thousand?
answer: 2019
2018
derivation: (2019:381,656),(2018:364,034)
question: What was the change in Computer hardware and software between 2018 and 2019?
answer: 5582
derivation: 136,227-130,645
scale: thousand
question: What was the percentage change in the Capital assets in progress between 2018 and 2019?
answer: 28.93
derivation: (49,599-38,469)/38,469
scale: percent
USDm
2019
2018
2017
Tangible and intangible fixed assets
1,782.2
1,445.0
1,384.8
Investments in joint ventures
1.2
0.1
0.3
Bunkers
34.8
39.4
33.2
Accounts receivables ¹⁾
99.5
96.3
87.5
Assets held-for-sale
9.1
6.2
6.6
Deferred tax liability
-44.9
-44.9
-44.9
Trade payables ²⁾
-94.4
-71.6
-60.0
Current tax liabilities
-1.5
-1.0
-1.4
Deferred income
-
-0.1
-0.1
Invested capital
1,786.0
1,469.4
1,406.0

text: Invested capital:
text: TORM defines invested capital as the sum of intangible assets, tangible fixed assets, investments in joint ventures, bunkers, accounts receivables, assets held-for-sale (when applicable), deferred tax liability, trade payables, current tax liabilities and deferred income. Invested capital measures the net investment used to achieve the Company’s operating profit. The Company believes that invested capital is a relevant measure that Management uses to measure the overall development of the assets and liabilities generating the net profit. Such measure may not be comparable to similarly titled measures of other companies. Invested capital is calculated as follows:
text: ¹⁾ Accounts receivables includes Freight receivables, Other receivables and Prepayments.
text: ²⁾ Trade payables includes Trade payables and Other liabilities.

Questions:
question: What does accounts receivables in the table include?
answer: Freight receivables, Other receivables and Prepayments
question: What does trade payables in the table include?
answer: Trade payables and Other liabilities
question: For which years was Invested capital calculated in?
answer: 2019
2018
2017
question: In which year was the amount of assets held-for-sale the largest?
answer: 2019
derivation: 9.1>6.6>6.2
question: What was the change in invested capital in 2019 from 2018?
answer: 316.6
derivation: 1,786.0-1,469.4
scale: million
question: What was the percentage change in invested capital in 2019 from 2018?
answer: 21.55
derivation: (1,786.0-1,469.4)/1,469.4
scale: percent
As of June 30,
2019
2018
(U.S. $ in thousands)
Employee benefits
$3,323
$2,094
Dilapidation provision
2,759
2,269
$6,082
$4,363

text: Non-current provisions
text: Non-current provisions consisted of the following:
text: The non-current provision for employee benefits includes long service leave as described above.
text: The dilapidation provision relates to certain lease arrangements for office space entered into by the Group. These lease arrangements require the Group to restore each premises to its original condition upon lease termination. Accordingly, the Group records a provision for the present value of the estimated future costs to retire long-lived assets at the expiration of these leases.

Questions:
question: What does the dilapidation provision relate to?
answer: Certain lease arrangements for office space entered into by the Group
question: What is the total non-current provisions for fiscal years 2018 and 2019 respectively?
answer: $4,363
$6,082
scale: thousand
question: What is the dilapidation provision for fiscal year 2019?
answer: 2,759
scale: thousand
question: What is the average employee benefits for fiscal years 2018 and 2019?
answer: 2708.5
derivation: (3,323+2,094)/2
scale: thousand
question: What is the difference in the total non-current provision between fiscal years 2018 and 2019?
answer: 1719
derivation: 6,082-4,363
scale: thousand
question: In fiscal year 2019, what is the percentage constitution of employee benefits among the total non-current provisions?
answer: 54.64
derivation: 3,323/6,082
scale: percent
As of
December 31, 2019
December 31, 2018
Inventories:
Raw materials
$138.4
$137.3
Work in process
772.9
760.7
Finished goods
321.1
327.2
$1,232.4
$1,225.2
Property, plant and equipment, net:
Land
$125.2
$125.5
Buildings
860.6
820.4
Machinery and equipment
4,275.2
3,980.2
Property, plant and equipment, gross
5,261.0
4,926.1
Less: Accumulated depreciation
(2,669.4)
(2,376.5)
$2,591.6
$2,549.6
Accrued expenses:
Accrued payroll and related benefits
$153.4
$240.8
Sales related reserves
247.3
294.8
Income taxes payable
22.5
38.2
Other
115.6
85.3
$538.8
$659.1

text: Note 8: Balance Sheet Information
text: Certain significant amounts included in the Company's Consolidated Balance Sheets consist of the following (in millions):
text: Assets classified as held-for-sale, consisting primarily of properties, are required to be recorded at the lower of carrying value or fair value less any costs to sell. The carrying value of these assets as of December 31, 2019 was $1.4 million, and is reported as other current assets on the Company’s Consolidated Balance Sheet.
text: Depreciation expense for property, plant and equipment, including amortization of finance leases, totaled $409.7 million, $359.3 million and $325.2 million for 2019, 2018 and 2017, respectively.
text: Included within sales related reserves are ship and credit reserves for distributors amounting to $178.7 million and $230.8 million as of December 31, 2019 and 2018, respectively.

Questions:
question: How much is the Depreciation expense for property, plant and equipment, including amortization of finance leases for 2019?
answer: $409.7 million
question: How much is the Depreciation expense for property, plant and equipment, including amortization of finance leases for 2018?
answer: $359.3 million
question: How much is the Depreciation expense for property, plant and equipment, including amortization of finance leases for 2017?
answer: $325.2 million
question: What is the change in Inventories: Work in process from December 31, 2018 to 2019?
answer: 12.2
derivation: 772.9-760.7
scale: million
question: What is the change in Inventories: Finished goods from year ended December 31, 2018 to 2019?
answer: -6.1
derivation: 321.1-327.2
scale: million
question: What is the average Inventories: Work in process for December 31, 2018 to 2019?
answer: 766.8
derivation: (772.9+760.7) / 2
scale: million
Year ended December 31,
2019(1)
2018
2017
Data entry, indexing services and other operating expenses
$8.8
$8.2
$5.1
Corporate services
3.8
4.9
9.2
Technology and corporate services
(0.1)
(1.0)
(1.7)
Total related party expenses, net
$12.5
$12.1
$12.6

text: Consolidated Statements of Earnings and Comprehensive Earnings
text: A detail of related party items included in Operating expenses (net of expense reimbursements) is as follows (in millions):
text: (1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party.

Questions:
question: What was the date after which FNF was no longer considered a related party?
answer: November 30, 2019
question: What was the amount of Corporate Services in 2018?
answer: 4.9
scale: million
question: Which years does the table provide information for related party items included in Operating expenses (net of expense reimbursements)?
answer: 2019
2018
2017
question: What was the change in corporate services between 2017 and 2018?
answer: -4.3
derivation: 4.9-9.2
scale: million
question: What was the change in Total related party expenses, net between 2018 and 2019?
answer: 0.4
derivation: 12.5-12.1
scale: million
question: What was the percentage change in Technology and corporate services between 2017 and 2018?
answer: -41.18
derivation: (-1.0-(-1.7))/-1.7
scale: percent