next-tat/TAT-QA huggingface dataset:
($ in millions)
For the year ended December 31:
2018
2017
Yr.-to-Yr. Percent/ Margin Change
Systems
External Systems Hardware gross profit
$2,590
$2,893
(10.5)%
External Systems Hardware gross profit margin
40.7%
44.6%
(3.8)pts
External Operating Systems Software gross profit
$1,412
$1,469
(3.9)%
External Operating Systems Software gross profit margin
84.5%
86.4%
(1.9)pts.
External total gross profit
$4,002
$4,362
(8.2)%
External total gross profit margin
49.8%
53.2%
(3.4)pts.
Pre-tax income
$ 904
$1,128
(19.9)%
Pre-tax margin
10.2%
12.6%
(2.4)pts.

text: The Systems gross profit margin decrease year to year was driven by the mix away from IBM Z and margin declines in Power Systems and Storage Systems.
text: The pre-tax income decline was driven by the strong performance in IBM Z in the prior year and the continued investment in innovation across the Systems portfolio.

Questions:
question: What led to decrease in Systems gross profit margin?
answer: The Systems gross profit margin decrease year to year was driven by the mix away from IBM Z and margin declines in Power Systems and Storage Systems.
question: What led to decrease in pre-tax income?
answer: The pre-tax income decline was driven by the strong performance in IBM Z in the prior year and the continued investment in innovation across the Systems portfolio.
question: Did the Systems gross profit margin increase or decrease year to year?
answer: The Systems gross profit margin decrease year to year
question: What is the average of External Systems Hardware gross profit?
answer: 2741.5
derivation: (2,590+2,893) / 2
scale: million
question: What is the increase/ (decrease) in External Systems Hardware gross profit from 2017 to 2018
answer: -303
derivation: 2,590-2,893
scale: million
question: What is the increase/ (decrease) in Pre-tax margin from 2017 to 2018
answer: -2.4
derivation: 10.2-12.6 
scale: percent
Year Ended
(In millions)
March 29, 2019
March 30, 2018
March 31, 2017
Total segment operating income
$1,414
$1,584
$1,026
Reconciling items:
Stock-based compensation expense
352
610
440
Amortization of intangible assets
443
453
293
Restructuring, transition and other costs
241
410
273
Acquisition-related costs
3
60
120
Other
(5)
2
-
Total consolidated operating income (loss) from continuing operations
$380
$49
$(100)

text: We do not allocate to our operating segments certain operating expenses that we manage separately at the corporate level and are not used in evaluating the results of, or in allocating resources to, our segments. These unallocated expenses consist primarily of stock-based compensation expense; amortization of intangible assets; restructuring, transition and other costs; and acquisition-related costs.
text: The following table provides a reconciliation of our total reportable segments’ operating income to our total operating income (loss):

Questions:
question: What do unallocated expenses consist primarily of?
answer: stock-based compensation expense; amortization of intangible assets; restructuring, transition and other costs; and acquisition-related costs
question: What does this table show?
answer: reconciliation of our total reportable segments’ operating income to our total operating income (loss)
question: What is the Total segment operating income for year ended  March 29, 2019?
answer: $1,414
scale: million
question: What is the average  Total consolidated operating income (loss) from continuing operations for the fiscal years 2019, 2018 and 2017?
answer: 109.67
derivation: (380+49+(-100))/3
scale: million
question: What is  Amortization of intangible assets expressed as a percentage of  Total segment operating income for fiscal year 2019?
answer: 31.33
derivation: 443/1,414
scale: percent
question: What is the  Total consolidated operating income (loss) from continuing operations expressed as a percentage of  Total segment operating income for fiscal year 2019?
answer: 26.87
derivation: 380/1,414
scale: percent
Year Ended December 31, 2019
Acquisition Costs
Fulfillment Costs
(Dollars in millions)
Beginning of period balance
$322
187
Costs incurred
208
158
Amortization
(204)
(124)
End of period balance
$326
221

text: Contract Costs
text: The following table provides changes in our contract acquisition costs and fulfillment costs:
text: Acquisition costs include commission fees paid to employees as a result of obtaining contracts. Fulfillment costs include third party and internal costs associated with the provision, installation and activation of telecommunications services to customers, including labor and materials consumed for these activities.
text: Deferred acquisition and fulfillment costs are amortized based on the transfer of services on a straight-line basis over the average customer life of 30 months for consumer customers and 12 to 60 months for business customers and amortized fulfillment costs are included in cost of services and products and amortized acquisition costs are included in selling, general and administrative expenses in our consolidated statements of operations. The amount of these deferred costs that are anticipated to be amortized in the next twelve months are included in other current assets on our consolidated balance sheets. The amount of deferred costs expected to be amortized beyond the next twelve months is included in other non-current assets on our consolidated balance sheets. Deferred acquisition and fulfillment costs are assessed for impairment on an annual basis.

Questions:
question: What do the fulfillment costs include?
answer: third party and internal costs associated with the provision, installation and activation of telecommunications services to customers, including labor and materials consumed for these activities.
question: How are the deferred acquisition and fulfillment costs amortized?
answer: based on the transfer of services on a straight-line basis over the average customer life of 30 months for consumer customers and 12 to 60 months for business customers
question: What are the types of costs highlighted in the table?
answer: Acquisition costs
Fulfillment Costs
question: Which type of costs has a larger amount under costs incurred?
answer: Acquisition Costs
derivation: 208>158
question: What is the sum of the end of period balance costs for 2019?
answer: 547
derivation: 326+221
scale: million
question: What is the percentage change for the end of period balance for Fulfillment Costs when comparing the beginning of period balance?
answer: 18.18
derivation: (221-187)/187
scale: percent
Fair Value
Useful Life
(U.S. $ in thousands)
(years)
Developed technology
$50,600
3
Customer relationships
56,900
2
Trade names
19,900
3
Total intangible assets subject to amortization
$127,400

text: The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition.
text: The amount recorded for developed technology represents the estimated fair value of Trello’s project management and organization technology. The amount recorded for customer relationships represents the fair values of the underlying relationship with Trello customers.

Questions:
question: What does the amount recorded for developed technology represent?
answer: The estimated fair value of Trello’s project management and organization technology
question: What does the amount recorded for customer relationships represent?
answer: The fair values of the underlying relationship with Trello customers
question: What is the useful life (in years) of developed technology?
answer: 3
question: What is the difference in fair value between developed technology and customer relationships?
answer: 6300
derivation: 56,900-50,600
scale: thousand
question: What are the intangible assets that have a fair value of above $20,000 thousands?
answer: Developed technology
Customer relationships
derivation: For COL 3 rows 3-5 if value is >20,000 input the corresponding intangible asset component in COL2 as answer
question: What is the percentage constitution of trade names among the total intangible assets subject to amortization?
answer: 15.62
derivation: 19,900/127,400
scale: percent
Year Ended December 31,
2019
2018
2017
Stock-based compensation expense data:
Sales and marketing
$2,075
$1,196
$561
General and administrative
6,474
4,901
2,638
Research and development
12,054
7,332
4,214
Total stock-based compensation expense
$20,603
$13,429
$7,413

text: Results of Operations
text: (2) Operating expenses include stock-based compensation expense as follows (in thousands):

Questions:
question: What was the amount of research and development in 2017?
answer: 4,214
scale: thousand
question: What was the amount of sales and marketing in 2018?
answer: 1,196
scale: thousand
question: What years does the table provide information for total stock-based compensation expense?
answer: 2019
2018
2017
question: What was the change in sales and marketing between 2017 and 2018?
answer: 635
derivation: 1,196-561
scale: thousand
question: How many years did sales and marketing exceed $1,000 thousand?
answer: 2
derivation: 2019##2018
question: What was the percentage change in the amount of research and development between 2018 and 2019?
answer: 64.4
derivation: (12,054-7,332)/7,332
scale: percent
2019
2018
$M
$M
Property, plant and equipment
209
666
Other assets
16
155
Total assets classified as held for sale
225
821
Provisions
–
21
Total liabilities directly associated with assets held for sale
–
21

text: This section sets out the assets and liabilities subject to a committed plan to sell.
text: At 30 June 2019, assets held for sale includes Group properties (2018: assets and liabilities relating to the Petrol business, and other Group properties, have been classified as held for sale).
text: Assets are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than continuing use and a sale is considered highly probable. They are measured at the lower of their carrying amount and fair value less costs to sell, except for assets such as deferred tax assets, assets arising from employee benefits, and financial assets which are specifically exempt from this measurement requirement.
text: An impairment loss is recognised for any initial or subsequent write-down of the asset to fair value less costs to sell. A gain is recognised for any subsequent increases in fair value less costs to sell of an asset, but not in excess of any cumulative impairment loss previously recognised. A gain or loss not previously recognised by the date of the sale of the asset is recognised at the date of derecognition. Assets are not depreciated or amortised while they are classified as held for sale. Interest and other expenses attributable to the liabilities classified as held for sale continue to be recognised.

Questions:
question: When are assets classified as held for sale?
answer: Assets are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than continuing use and a sale is considered highly probable.
question: When is an impairment loss recognised?
answer: An impairment loss is recognised for any initial or subsequent write-down of the asset to fair value less costs to sell.
question: What is the total assets classified as held for sale in 2019?
answer: 225
scale: million
question: What is the difference in total assets classified as held for sale between 2018 and 2019?
answer: 596
derivation: 821 - 225 
scale: million
question: What is the difference in other assets between 2018 and 2019?
answer: 139
derivation: 155 - 16 
scale: million
question: What is the percentage change in property, plant and equipment between 2018 and 2019?
answer: 68.62
derivation: (666 - 209)/666 
scale: percent
Fee Category
2019 ($)
2018 ($)
Audit fees (1)
1,196,000
1,257,000
Audit-related fees (2)
0
15,000
Tax fees (3)
0
0
All other fees (4)
2,000
2,000
Total
1,198,000
1,274,000

text: Fees Paid to our Independent Auditor
text: The following table sets forth the fees billed to us by Ernst & Young LLP for services in fiscal 2019 and 2018, all of which
were pre-approved by the Audit Committee.
text: (1) In accordance with the SEC’s definitions and rules, “audit fees” are fees that were billed to Systemax by Ernst & Young LLP for
the audit of our annual financial statements, to be included in the Form 10-K, and review of financial statements included in the
Form 10-Qs; for the audit of our internal control over financial reporting with the objective of obtaining reasonable assurance about
whether effective internal control over financial reporting was maintained in all material respects; for the attestation of management’s
report on the effectiveness of internal control over financial reporting; and for services that are normally provided by the auditor
in connection with statutory and regulatory filings or engagements.
text: (2) “Audit-related fees” are fees for assurance and related services that are reasonably related to the performance of the audit or
review of our financial statements and internal control over financial reporting, including services in connection with assisting
Systemax in our compliance with our obligations under Section 404 of the Sarbanes-Oxley Act and related regulations.
text: (3) Ernst & Young LLP did not provide any professional services for tax compliance, planning or advice in 2019 or 2018.
text: (4) Consists of fees billed for other professional services rendered to Systemax.

Questions:
question: What are the audit fees incurred by the company in 2018 and 2019?
answer: 1,257,000
1,196,000
question: What does "all other fee" refer to?
answer: fees billed for other professional services rendered to Systemax.
question: What are the all other fees incurred by the company in 2018 and 2019?
answer: 2,000
2,000
question: What is the percentage change in all other fees incurred by the company between 2018 and 2019?
answer: 0
derivation: (2,000 - 2,000)/2,000 
scale: percent
question: What is the value of the audit-related fees as a percentage of the total fees paid to the auditor in 2018?
answer: 1.18
derivation: 15,000/1,274,000 
scale: percent
question: What is the change in audit fees between 2018 and 2019?
answer: 61000
derivation: 1,257,000 - 1,196,000
Year Ended December 31,
2019
2018
Percent Change
Other Operating Data
Average Revenue Per Unit (ARPU)
ARPU—on-net
$ 461
$ 480
(3.8)%
ARPU—off-net
$ 1,097
$ 1,155
(5.0)%
Average price per megabit
$ 0.62
$ 0.82
(23.9)%
Customer Connections—end of period
On-net
74,554
68,770
8.4%
Off-net
11,660
10,974
6.3%

text: Results of Operations
text: Year Ended December 31, 2019 Compared to the Year Ended December 31, 2018
text: Our management reviews and analyzes several key financial measures in order to manage our business and assess the quality of and variability of our service revenue, operating results and cash flows. The following summary tables present a comparison of our results of operations with respect to certain key financial measures. The comparisons illustrated in the tables are discussed in greater detail below.

Questions:
question: What are the respective APRU from on-net in 2018 and 2019?
answer: $ 480
$ 461
question: What are the respective APRU from off-net in 2018 and 2019?
answer: $ 1,155
$ 1,155
question: What are the respective average price per megabit in 2018 and 2019?
answer: $ 0.82
$ 0.62
question: What is the average APRU from on-net in 2018 and 2019?
answer: 470.5
derivation: (480 + 461)/2 
question: What is the average APRU from off-net in 2018 and 2019?
answer: 1126
derivation: (1,155 + 1,097)/2
question: What is the average number of on-net customer connections at the end of the period in 2018 and 2019?
answer: 71662
derivation: (68,770 + 74,554)/2
2019
2018
2017
Moody’s / S&P credit rating of counterparty
£m
£m
£m
Aa2/AA and above
2,522
2,575
1,444
Aa3/AA–
1,376
313
208
A1/A+a
1,145
651
952
A2/Aa
649
628
370
A3/A–a
50
180
204
Baa1/BBB+a
75
59
561
Baa2/BBB and below a
160
207
86
5,977
4,613
3,825

text: The credit quality and credit concentration of cash equivalents, current asset investments and derivative financial assets are detailed in the tables below. Where the opinion of Moody’s and Standard & Poor’s (S&P) differ, the lower rating is used.
text: a We hold cash collateral of £638m (2017/18: £492m, 2016/17: £702m) in respect of derivative financial assets with certain counterparties.
text: The concentration of credit risk for our trading balances is provided in note 17, which analyses outstanding balances by customerfacing unit. Where multiple transactions are undertaken with a single financial counterparty or group of related counterparties, we enter into netting arrangements to reduce our exposure to credit risk by making use of standard International Swaps and Derivatives Association (ISDA) documentation.
text: We have also entered into credit support agreements with certain swap counterparties whereby, on a daily, weekly and monthly basis, the fair value position on notional £3,289m of long dated cross-currency swaps and interest rate swaps is collateralised. The related net cash inflow during the year was £129m (2017/18: outflow £220m, 2016/17: inflow £100m). The collateral paid and received is recognised within current asset investments and loans and other borrowings, respectively.

Questions:
question: What is the cash collateral held by the company in 2019?
answer: £638m
question: What is the fair value position in 2019?
answer: £3,289m
question: What are the years that Moody’s / S&P credit rating of counterparty is provided?
answer: 2017
2018
2019
question: What is the change in the Aa2/AA and above from 2018 to 2019?
answer: -53
derivation: 2,522 - 2,575
scale: million
question: What is the average Aa3/AA– for 2017-2019?
answer: 632.33
derivation: (1,376 + 313 + 208) / 3
scale: million
question: In which year(s) is A1/A+a less than 1,000 million?
answer: 2018
2017
derivation: Locate and analyze A1/A+a in row 5
Year Ended December 31,
(In thousands)
2019
2018
2017
1.25% Call Option
$ (9,020)
$ (37,474)
$ 29,498
1.25% Embedded cash conversion option
9,789
37,803
(30,118)
Net (loss) income included in other income, net
$ 769
$ 329
$ (620)

text: 1.25% Notes Embedded Cash Conversion Option
text: The embedded cash conversion option within the 1.25% Notes is required to be separated from the 1.25% Notes and accounted for separately as a derivative liability, with changes in fair value recognized immediately in our consolidated statements of operations in Other income (loss), net until the cash conversion option settles or expires.
text: The initial fair value liability of the embedded cash conversion option was $82.8 million, which simultaneously reduced the carrying value of the 1.25% Notes (effectively an original issuance discount). The embedded cash conversion option is measured and reported at fair value on a recurring basis within Level 3 of the fair value hierarchy. For further discussion of the inputs used to determine the fair value of the embedded cash conversion option, refer to Note 1, “Basis of Presentation and Significant Accounting Policies.”
text: The following table shows the net impact of the changes in fair values of the 1.25% Call Option and 1.25% Notes embedded cash conversion option in the consolidated statements of operations:

Questions:
question: What is the 1.25% Embedded cash conversion option value in 2019?
answer: 9,789
scale: thousand
question: What was the initial fair value liability of the embedded cash conversion option?
answer: $82.8 million
question: What was the value of 1.25% call option in 2019?
answer: $ (9,020)
scale: thousand
question: What is the change in the value of 1.25% call option from 2018 to 2019?
answer: 28454
derivation: -9,020 - (-37,474)
scale: thousand
question: What is the average 1.25% Embedded cash conversion option between 2017-2019?
answer: 5824.67
derivation: (9,789 + 37,803 - 30,118) / 3
scale: thousand
question: What is the change in the Net (loss) income included in other income, net from 2018 to 2019?
answer: 440
derivation: 769 - 329
scale: thousand
Number of Shares
Weighted-Average Grant-Date Fair Value
(per share)
Outstanding at April 1, 2018
243,354
$10.78
Granted
265,452
14.66
Vested
(197,917)
12.74
Forfeited
(73,743)
11.3
Outstanding at March 31, 2019
237,146
$13.46

text: Restricted Shares
text: We granted shares to certain of our Directors, executives and key employees under the 2016 and 2011 Plans, the vesting of which is service-based. The following table summarizes the activity during the twelve months ended March 31, 2019 for restricted shares awarded under the 2016 and 2011 Plans:
text: The weighted-average grant date fair value of the restricted shares is determined based upon the closing price of our common shares on the grant date. During fiscal 2019, a total of 197,917 shares, net of 47,146 shares withheld from the vested restricted shares to cover the employee's minimum applicable income taxes, were issued from treasury. The shares withheld were returned to treasury shares.

Questions:
question: How many shares were issued from treasury in 2019?
answer: 197,917 shares, net of 47,146 shares
question: What were the number of outstanding shares at April 1, 2018?
answer: 243,354
question: What was the weighted average granted date fair value per share at April 1, 2018?
answer: $10.78
question: What was the difference between the granted shares and outstanding shares as at April 1, 2018?
answer: 22098
derivation: 265,452 - 243,354
question: What is the total  Weighted-Average Grant-Date Fair Value for Outstanding at April 1, 2018?
answer: 2623356.12
derivation:  243,354* 10.78
question: What was the difference between the vested and granted Weighted-Average Grant-Date Fair Value?
answer: 1.92
derivation: 14.66-12.74