next-tat/TAT-QA huggingface dataset:
Year Ended December 31,
(in millions, except per share amounts)
2019
2018
2017
Numerator:
Net (loss) income
$(66.6)
$(69.8)
$40.0
Preferred stock dividends
10.4
10.4
10.4
Net (loss) income applicable to common shareowners - basic and diluted
$(77.0)
$(80.2)
$29.6
Denominator:
Weighted-average common shares outstanding - basic
50.4
46.3
42.2
Stock-based compensation arrangements
—
—
0.2
Weighted-average common shares outstanding - diluted
50.4
46.3
42.4
Basic and diluted net (loss) earnings per common share
($1.53)
($1.73)
$0.70

text: 5. Earnings Per Common Share
text: Basic earnings per common share ("EPS") is based upon the weighted-average number of common shares outstanding during the period.  Diluted EPS reflects the potential dilution that would occur upon issuance of common shares for awards under stock-based compensation plans, or conversion of preferred stock, but only to the extent that they are considered dilutive.
text: The following table shows the computation of basic and diluted EPS:
text: In conjunction with the acquisition of Hawaiian Telcom in the third quarter of 2018, the Company issued 7.7 million Common Shares as a part of the acquisition consideration. In addition, the Company granted 0.1 million time-based restricted stock units to certain Hawaiian Telcom employees under the Hawaiian Telcom 2010 Equity Incentive Plan
text: For the years ended December 31, 2019 and December 31, 2018, the Company had a net loss available to common shareholders and, as a result, all common stock equivalents were excluded from the computation of diluted EPS as their inclusion would have been anti-dilutive.  For the year ended December 31, 2017, awards under the Company’s stock-based compensation plans for common shares of 0.2 million, were excluded from the computation of diluted EPS as their inclusion would have been anti-dilutive.  For all periods presented, preferred stock convertible into 0.9 million common shares was excluded as it was anti-dilutive.

Questions:
question: How many shares did the company issue as part of its acquisition consideration of Hawaiian Telcom?
answer: 7.7
scale: million
question: What was the value of the common shares excluded from the computation of diluted EPS for the year ended December 31, 2017?
answer: 0.2
scale: million
question: Which quarter of 2018 did the company grant shares to certain employees of Hawaiian Telcom?
answer: third
question: What is the total Net (loss) income  between 2017 to 2019?
answer: -96.4
derivation: ($66.6)+($69.8)+$40.0
scale: million
question: What is the total basic and diluted net (loss) earnings per common share earned between 2017 to 2019?
answer: -2.56
derivation: $(1.53)+$(1.73)+$0.70
question: Which year has the largest weighted-average common shares outstanding - basic?
answer: 2019
derivation: 50.4 is the largest value
Year Ended December 31,
2019
2018
2017
$
$
$
Realized gains (losses) on maturity and/or partial termination of cross currency swap
—
(42,271)
(25,733)
Realized losses
(5,062)
(6,533)
(18,494)
Unrealized (losses) gains
(13,239)
21,240
82,668
Total realized and unrealized (losses) gains on cross currency swaps
(18,301)
(27,564)
38,441

text: Realized and unrealized losses of the cross currency swaps are recognized in earnings and reported in foreign exchange (loss) gain in the consolidated statements of loss. The effect of the gains (losses) on cross currency swaps on the consolidated statements of loss is as follows:
text: The Company is exposed to credit loss to the extent the fair value represents an asset in the event of non-performance by the counterparties to the foreign currency forward contracts, and cross currency and interest rate swap agreements; however, the Company does not anticipate non-performance by any of the counterparties. In order to minimize counterparty risk, the Company only enters into derivative transactions with counterparties that are rated A- or better by Standard & Poor’s or A3 or better by Moody’s at the time of the transaction. In addition, to the extent possible and practical, interest rate swaps are entered into with different counterparties to reduce concentration risk.
text: (all tabular amounts stated in thousands of U.S. dollars, other than share data and unless otherwise indicated)

Questions:
question: How are the realized and unrealized losses recognized?
answer: in earnings and reported in foreign exchange (loss) gain in the consolidated statements of loss.
question: What were the Realized losses in 2019, 2018 and 2017 respectively?
answer: (5,062)
(6,533)
(18,494)
scale: thousand
question: Why are interest rate swaps entered into with different counterparties?
answer: to reduce concentration risk.
question: What is the change in the Realized gains (losses) on maturity and/or partial termination of cross currency swap from 2018 to 2019?
answer: 42271
derivation: 0 - (-42,271)
scale: thousand
question: What was the average realized losses for 2017-2019?
answer: -10029.67
derivation: -(5,062 + 6,533 + 18,494) / 3
scale: thousand
question: What is the percentage change in the Unrealized (losses) gains from 2017 to 2018?
answer: -74.31
derivation: 21,240 / 82,668 - 1
scale: percent
Years Ended December 31,
2019
2018
2017
Numerator:
Netearnings
$159,407
$163,677
$90,683
Denominator:
Weighted-average shares used to compute basic EPS
35,538
35,586
35,741
Dilutive potential common shares due to dilutive:
RSUs, net of tax effect
421
423
466
Weighted-average shares used to compute diluted EPS
35,959
36,009
36,207
Net earnings per share:
Basic
$4.49
$4.60
$2.54
Diluted
$4.43
$4.55
$2.50

text: Net Earnings Per Share (“EPS”)
text: Basic EPS is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding during each year. Diluted EPS is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding RSUs.
text: A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share data):
text: In 2019, 2018 and 2017, approximately 42,000, 17,000 and 40,000, respectively, of our RSUs were not included in the diluted EPS calculations because their inclusion would have been anti-dilutive. These share-based awards could be dilutive in the future. In the year ended December 31, 2019, certain potential outstanding shares from convertible senior notes and warrants were not included in the diluted EPS calculations because their inclusion would have been anti-dilutive.

Questions:
question: How is Basic EPS computed?
answer: by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding during each year.
question: How is Diluted EPS computed?
answer: on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method
question: How much RSUs were not included in the diluted EPS calculations in 2019, 2018 and 2017 respectively?
answer: 42,000
17,000
40,000
question: What is the change in Net earnings between 2018 and 2019?
answer: -4270
derivation: 159,407-163,677
scale: thousand
question: What is the change in Weighted-average shares used to compute basic EPS from 2018 and 2019?
answer: -48
derivation: 35,538-35,586
scale: thousand
question: What is the average Net earnings for 2018 and 2019?
answer: 161542
derivation: (159,407+163,677) / 2
scale: thousand
€ millions
2019
2018
Germany
4,486
4,184
Rest of EMEA
5,386
4,742
EMEA
9,872
8,926
United States
29,744
22,133
Rest of Americas
411
258
Americas
30,154
22,391
APJ
1,276
922
SAP Group
41,302
32,239

text: (D.6) Non-Current Assets by Region
text: The table below shows non-current assets excluding financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts.
text: Non-Current Assets by Region
text: For a breakdown of our employee headcount by region, see Note (B.1) , and for a breakdown of revenue by region, see Note (A.1) .

Questions:
question: What information does the table show?
answer: non-current assets excluding financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts.
question: What was the amount of non-current assets in APJ in 2019?
answer: 1,276
scale: million
question: In which years were the Non-Current Assets by Region calculated?
answer: 2019
2018
question: In which year was the amount in Rest of Americas larger?
answer: 2019
derivation: 411>258
question: What was the change in the amount in Rest of Americas in 2019 from 2018?
answer: 153
derivation: 411-258
scale: million
question: What was the percentage change in the amount in Rest of Americas in 2019 from 2018?
answer: 59.3
derivation: (411-258)/258
scale: percent
Year Ended
Change
(Dollars in thousands)
2019
2018
2017
2019 over 2018
2018 over 2017
Research and development
$96,611
$84,472
$88,573
$12,139
14%
$(4,101)
(5)%
% of net sales .
3.2%
3.8%
3.0%

text: Research and development
text: Research and development expense consists primarily of salaries and other personnel-related costs; the cost of products, materials, and outside services used in our R&D activities; and depreciation and amortization expense associated with R&D specific facilities and equipment. We maintain a number of programs and activities to improve our technology and processes in order to enhance the performance and reduce the costs of our solar modules.
text: The following table shows research and development expense for the years ended December 31, 2019, 2018, and 2017:
text: Research and development expense in 2019 increased compared to 2018 primarily due to increased material and module testing costs and higher employee compensation expense.

Questions:
question: What are the reasons for higher research and development expense in 2019?
answer: Research and development expense in 2019 increased compared to 2018 primarily due to increased material and module testing costs and higher employee compensation expense.
question: What is the percentage of net sales in 2017?
answer: 3.0%
question: What are components of research and development expense?
answer: Research and development expense consists primarily of salaries and other personnel-related costs; the cost of products, materials, and outside services used in our R&D activities; and depreciation and amortization expense associated with R&D specific facilities and equipment.
question: What is the amount of net sales derived in 2017?
answer: 2952433.33
derivation: 88,573 / 3.0% 
scale: thousand
question: What is the net difference in research and development expense between 2019 and 2017?
answer: 8038
derivation: 96,611 - 88,573 
scale: thousand
question: What is the difference in net sales amount between 2018 and 2017?
answer: -729485.96
derivation: (84,472 / 3.8%) - (88,573 / 3.0%) 
scale: thousand
As reported December 31, 2017
Adjustments for ASC 606 adoption
Adjusted January 1, 2018
Trade receivables, net
$201.8
$(6.2)
$195.6
Prepaid expenses and other current assets
44.6
11.8
56.4
Receivables from related parties
18.1
(3.7)
14.4
Computer software, net
416.8
1.8
418.6
Deferred contract costs, net
136.1
13.3
149.4
Other non-current assets
104.0
3.3
107.3
Total assets
3,655.9
20.3
3,676.2
Deferred revenues (current)
59.6
(1.9)
57.7
Deferred revenues (non-current)
100.7
6.8
107.5
Deferred income taxes
224.6
4.2
228.8
Total liabilities
1,947.1
9.1
1,956.2
Retained earnings
201.4
11.2
212.6
Total equity
1,708.8
11.2
1,720.0
Total liabilities and equity
3,655.9
20.3
3,676.2

text: Opening Balance Sheet Adjustment on January 1, 2018
text: As a result of applying the modified retrospective method to adopt ASC 606, the following amounts on our Consolidated Balance Sheet were adjusted as of January 1, 2018 to reflect the cumulative effect adjustment to the opening balance of Retained earnings (in millions):

Questions:
question: What were the net trade receivables as reported in 2017?
answer: 201.8
scale: million
question: What were the Receivables from related parties in 2018?
answer: 14.4
scale: million
question: What was the adjustmentments for ASC 606 adoption for net computer software?
answer: 1.8
scale: million
question: What was the difference in amount as reported in 2017 between Total assets and Total liabilities?
answer: 1708.8
derivation: 3,655.9-1,947.1
scale: million
question: What was the difference between current and non-current deferred revenues after adjustment in 2018?
answer: 41.1
derivation: 100.7-59.6
scale: million
question: What was the difference between Total liabilities and equity and Total Equity as reported in 2017?
answer: 1947.1
derivation: 3,655.9-1,708.8
scale: million
Year ended December 31,
2019
2018
2017
Computer software
$97.3
$94.5
$84.0
Other intangible assets
59.3
57.2
67.8
Deferred contract costs
42.9
32.9
25.7
Property and equipment
36.7
32.4
29.0
Total
$236.2
$217.0
$206.5

text: Depreciation and Amortization
text: Depreciation and amortization includes the following (in millions):
text: Computer software amortization for the year ended December 31, 2018 includes accelerated amortization of $1.7 million related to certain internally developed software. Deferred contract costs amortization for the years ended December 31, 2019, 2018 and 2017 includes accelerated amortization of $6.2 million, $3.4 million and $3.3 million, respectively.

Questions:
question: What was the amount of accelerated amortization included in Computer software amortization for the year ended 2018?
answer: 1.7
scale: million
question: What was the depreciation and amortization of computer software in 2017?
answer: 84.0
scale: million
question: What was the depreciation and amortization of deferred contract costs in 2019?
answer: 42.9
scale: million
question: What was the change in property and equipment between 2017 and 2018?
answer: 3.4
derivation: 32.4-29.0
scale: million
question: Which years did Deferred contract costs exceed $30 million?
answer: 2019
2018
derivation: (2019:42.9),(2018:32.9)
question: What was the percentage change in the total depreciation and amortization between 2018 and 2019?
answer: 8.85
derivation: (236.2-217.0)/217.0
scale: percent
2019
As a % of Segment Revenue (1)
2018
As a % of Segment Revenue (1)
PSG
$976.0
35.0 %
$ 1,110.1
36.5 %
ASG
794.8
40.3 %
878.3
42.4 %
ISG
275.4
36.4 %
317.1
41.2 %
Gross profit for all segments
$ 2,046.2
$ 2,305.5
Unallocated manufacturing costs (2)
(72.6)
(1.3) %
(66.8)
(1.1) %
Total gross profit
$ 1,973.6
35.8 %
$ 2,238.7
38.1 %

text: Gross Profit and Gross Margin (exclusive of amortization of acquisition-related intangible assets described below)
text: Our gross profit by reportable segment was as follows (dollars in millions):
text: (1) Certain of the amounts may not total due to rounding of individual amounts. (2) Unallocated manufacturing costs are presented as a percentage of total revenue (includes expensing of the fair market value step-up of inventory of $19.6 million during 2019 and $1.0 million during 2018).
text: The decrease in gross profit of $265.1 million, or approximately 12%, was primarily due to the impact of the decrease in sales volume, higher fixed costs due to the expansion in our manufacturing capacity as well as the expensing of $19.6 million excess over book value of inventory, commonly referred to as the fair market value step-up, from the Quantenna acquisition.
text: Gross margin decreased to 35.8% during 2019 compared to 38.1% during 2018. The decrease was due to a competitive pricing environment resulting in a decline in average selling prices, higher demand for lower margin products, increased manufacturing costs due to a higher mix of external manufacturing and decreased demand for our products, as explained in the revenue section.

Questions:
question: How much was the expensing of the fair market value step-up of inventory during 2019?
answer: $19.6 million
question: How much was the expensing of the fair market value step-up of inventory during 2019?
answer: $1.0 million
question: What is the gross profit from PSG in 2019?
answer: $976.0
scale: million
question: What is the change in gross profit from PSG from 2018 to 2019?
answer: -134.1
derivation: 976.0-1,110.1
scale: million
question: What is the change in gross profit from ASG from 2018 to 2019?
answer: -83.5
derivation: 794.8-878.3
scale: million
question: What is the average gross profit from PSG for 2018 and 2019?
answer: 1043.05
derivation: (976.0+1,110.1) / 2
scale: million
As of December 31,
2019
2018
2017
2016
2015
(In millions)
Balance Sheet Data:
Cash and cash equivalents (including restricted cash) (2)
$1,578.0
$1,304.9
$954.9
$936.5
$462.9
Property and equipment, net
12,084.4
11,247.1
11,101.0
10,517.3
9,866.4
Total assets (3)
42,801.6
33,010.4
33,214.3
30,879.2
26,904.3
Long-term obligations, including current portion
24,055.4
21,159.9
20,205.1
18,533.5
17,119.0
Redeemable noncontrolling interests
1,096.5
1,004.8
1,126.2
1,091.3
—
Total American Tower Corporation equity
5,055.4
5,336.1
6,241.5
6,763.9
6,651.7

text: ITEM 6. SELECTED FINANCIAL DATA
text: The selected financial data should be read in conjunction with our “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and our audited consolidated financial statements and the related notes to those consolidated financial statements included in this Annual Report.
text: Year-over-year comparisons are significantly affected by our acquisitions, dispositions and construction of towers. Our transaction with Verizon Communications Inc. (“Verizon” and the transaction, the “Verizon Transaction”) and the acquisition of a controlling ownership interest in Viom Networks Limited (“Viom” and the acquisition, the “Viom Acquisition”), which closed in March 2015 and April 2016, respectively, significantly impact the comparability of reported results between periods. Our principal 2019 acquisitions are described in note 7 to our consolidated financial statements included in this Annual Report.
text: (2) As of December 31, 2019, 2018, 2017, 2016 and 2015, amounts include $76.8 million, $96.2 million, $152.8 million, $149.3 million, and $142.2 million, respectively, of restricted funds pledged as collateral to secure obligations and cash, the use of which is otherwise limited by contractual provisions.
text: (3) Total assets as of December 31, 2019 includes the Right-of-use asset recognized in connection with our adoption of the new lease accounting standard described in note 1 to our consolidated financial statements included in this Annual Report

Questions:
question: Why was Right-of-use asset included in total assets?
answer: adoption of the new lease accounting standard described in note 1 to our consolidated financial statements included in this Annual Report
question: What was the amount of net property and equipment in 2015?
answer: 9,866.4
scale: million
question: What were the Redeemable noncontrolling interests in 2019?
answer: 1,096.5
scale: million
question: What was the change in Long-term obligations, including current portion between 2018 and 2019?
answer: 2895.5
derivation: 24,055.4-21,159.9
scale: million
question: What was the percentage change in Total American Tower Corporation equity between 2015 and 2016?
answer: 1.69
derivation: (6,763.9-6,651.7)/6,651.7
scale: percent
question: What was the change in total assets between 2017 and 2018?
answer: -203.9
derivation: 33,010.4-33,214.3
scale: million
December 27, 2019 
December 28, 2018 
December 29, 2017
Current income tax expense:
Federal 
$4,003
$2,945
$3,342
State 
2,144
1,943
1,403
Total current income tax expense 
6,147
4,888
4,745
Deferred income tax expense (benefit):
Federal 
1,617
2,363
(1,059)
Foreign 
17
(472)
215
State 
429
663
141
Total deferred income tax expense (benefit)
2,063
2,554
(703)
Total income tax expense
$8,210
$7,442
$4,042

text: Note 12 – Income Taxes
text: The provision for income taxes consists of the following for the fiscal years ended December 27, 2019, December 28, 2018 and December 29, 2017:

Questions:
question: What is the total current income tax expense for 2019, 2018 and 2017 respectively?
answer: 6,147
4,888
4,745
question: What is the total income tax expense for 2019, 2018 and 2017 respectively?
answer: $8,210
$7,442
$4,042
question: What is the Total deferred income tax expense (benefit) for 2019, 2018 and 2017 respectively?
answer: 2,063
2,554
(703)
question: What is the change in total income tax expense between 2019 and 2018?
answer: 768
derivation: 8,210-7,442
question: What is the average Total income tax expense for 2019, 2018 and 2017?
answer: 6564.67
derivation: (8,210+ 7,442+ 4,042)/3
question: Which year has the highest Total income tax expense?
answer: 2019
derivation: 8,210> 7,442> 4,042
December 31,
December 31,
2019
2018
Raw materials
$396
$246
Work-in-process
186
220
Finished goods
448
753
Ending inventory
$1,030
$1,219

text: Inventory
text: Inventory is stated at the lower of cost and net realizable value, using the first-in, first-out (“FIFO”) valuation method. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Any adjustments to reduce the cost of inventories to their net realizable value are recognized in earnings in the current period.
text: Due to the low sell-through of our AirBar products, management has decided to fully reserve work-in-process for AirBar components, as well as AirBar related raw materials. Management has further decided to reserve for a portion of AirBar finished goods, depending on type of AirBar and in which location it is stored. The AirBar inventory reserve was $0.8 million and $1.0 million for the years ended December 31, 2019 and 2018, respectively.
text: In order to protect our manufacturing partners from losses in relation to AirBar production, we agreed to secure the value of the inventory with a bank guarantee. Since the sale of AirBars has been lower than expected, a major part of the inventory at the partner remained unused when the due date of the bank guarantee neared and Neonode therefore agreed that the partner should keep inventory for the production of 20,000 AirBars and the rest be purchased by us. The inventory value of these purchases has been fully reserved.
text: As of December 31, 2019, the Company’s inventory consists primarily of components that will be used in the manufacturing of our sensor modules. We segregate inventory for reporting purposes by raw materials, work-in-process, and finished goods.
text: Raw materials, work-in-process, and finished goods are as follows (in thousands):

Questions:
question: What kind of method is used to measure the inventory?
answer: the first-in, first-out (“FIFO”) valuation method
question: What is the net realizable value?
answer: the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation
question: What did the company do to protect its manufacturing partners from losses concerning AirBar production?
answer: agreed to secure the value of the inventory with a bank guarantee
question: What is the percentage change in the value of raw materials from 2018 to 2019?
answer: 60.98
derivation: ($396-$246)/$246 
scale: percent
question: What is the proportion of work-in-process and finished goods over ending inventory in 2018?
answer: 0.8
derivation: (220+753)/$1,219 
question: What is the difference in ending inventory between 2018 and 2019?
answer: 189
derivation: $1,219 - $1,030 
scale: thousand