next-tat/TAT-QA huggingface dataset:
As of December 31,
2019
2018
Accrued product-related costs
$4,464
$4,377
Accrued income taxes
7,903
6,914
Accrued property and other taxes
1,574
1,976
Accrued professional fees
1,599
3,350
Contract liabilities
2,877
1,981
Dividends payable
1,299
1,310
Remediation reserves
11,444
11,274
Other accrued liabilities
5,218
6,165
Total accrued expenses and other liabilities
$36,378
$37,347

text: NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
text: NOTE 9 — Accrued Expenses and Other Liabilities
text: The components of accrued expenses and other liabilities are as follows:

Questions:
question: Which years does the table provide information for the components of accrued expenses and other liabilities?
answer: 2019
2018
question: What were the Remediation reserves in 2019?
answer: 11,444
scale: thousand
question: What was the Total accrued expenses and other liabilities in 2018?
answer: 37,347
scale: thousand
question: Which years did Dividends payable exceed $1,000 thousand?
answer: 2019
2018
derivation: (2019:1,299),(2018:1,310)
question: What was the change in contract liabilities between 2018 and 2019?
answer: 896
derivation: 2,877-1,981
scale: thousand
question: What was the percentage change in the Other accrued liabilities between 2018 and 2019?
answer: -15.36
derivation: (5,218-6,165)/6,165
scale: percent
Options
Number of Options (in Millions)
Weighted Average Exercise Price
Average Remaining Contractual Term (Years)
Aggregate Intrinsic Value (in Millions)
Outstanding at May 27, 2018
5.1
$28.11
Exercised
(0.6)
$20.75
$7.9
Expired
(0.1)
$29.84
Outstanding at May 26, 2019
4.4
$29.00
5.47
$9.9
Exercisable at May 26, 2019
4.1
$28.38
5.32
$9.9

text: A summary of the option activity as of May 26, 2019 and changes during the fiscal year then ended is presented below:
text: We recognize compensation expense using the straight-line method over the requisite service period, accounting for forfeitures as they occur. During fiscal 2017, we granted 1.1 million stock options with a weighted average grant date fair value of $6.12 per share. The total intrinsic value of stock options exercised was $7.9 million, $15.8 million, and $29.8 million for fiscal 2019, 2018, and 2017, respectively. The closing market price of our common stock on the last trading day of fiscal 2019 was $28.83 per share.
text: Compensation expense for stock option awards totaled $2.2 million, $4.2 million, and $6.2 million for fiscal 2019, 2018, and 2017, respectively, including discontinued operations of $0.2 million for fiscal 2017. Included in the compensation expense for stock option awards for fiscal 2019, 2018, and 2017 was $0.2 million, $0.4 million, and $0.9 million, respectively, related to stock options granted by a subsidiary in the subsidiary's shares to the subsidiary's employees. The tax benefit related to the stock option expense for fiscal 2019, 2018, and 2017 was $0.5 million, $1.4 million, and $2.4 million, respectively.
text: At May 26, 2019, we had $0.2 million of total unrecognized compensation expense related to stock options that will be recognized over a weighted average period of 0.1 years.
text: Cash received from stock option exercises for fiscal 2019, 2018, and 2017 was $12.4 million, $25.1 million, and $84.4 million, respectively. The actual tax benefit realized for the tax deductions from option exercises totaled $2.3 million, $5.3 million, and $19.5 million for fiscal 2019, 2018, and 2017, respectively.

Questions:
question: What was the compensation expense for stock option awards during the fiscal year 2018?
answer: $4.2 million
question: What was the weighted average fair value per share for stock options granted during 2017?
answer: $6.12
question: How many options were exercisable as of May 26, 2019?
answer: 4.1
scale: million
question: What is the percentage change in the number of outstanding options from 2018 to 2019?
answer: -13.73
derivation: (4.4-5.1)/5.1 
scale: percent
question: What is the proportion of exercisable options over outstanding options as of May 26, 2019?
answer: 0.93
derivation: 4.1 / 4.4 
question: What is the total price of exercised and expired options?
answer: 15.43
derivation: (0.6*20.75)+(0.1*29.84) 
scale: million
Year-ended
Year-ended
31 March 2019
31 March 2018
Weighted average share price ($ cents)
676.10
628.23
Weighted average exercise price ($ cents)
558.54
516.70
Expected volatility
54.91%
38.20%
Expected life of options (years)
1.69
2.08
Risk free rate
1.56%
1.49%
Dividend yield
0.81%
0.70%

text: Share Options
text: The fair value of equity-settled share options granted is measured as at the date of grant using a Black-Scholes model, taking into account the terms and conditions upon which the options were granted.
text: The following table illustrates the weighted average inputs into the Black-Scholes model in the year:
text: The weighted average fair value of options granted during the year was $ cents 220.53 (2018: $ cents 185.33).
text: The expected volatility reflects the assumption that the historical share price volatility is indicative of future trends, which may not necessarily be the actual outcome. An increase in the expected volatility will increase the estimated fair value.
text: The expected life of the options is based on historical data and is not necessarily indicative of exercise patterns that may occur. The expected life used in the model has been adjusted, based on the Director’s best estimate, taking into account the effects of exercise restrictions, non-transferability and behavioural considerations. An increase in the expected life will increase the estimated fair value.

Questions:
question: What assumption is reflected by the expected volatility?
answer: assumption that the historical share price volatility is indicative of future trends, which may not necessarily be the actual outcome. An increase in the expected volatility will increase the estimated fair value.
question: What is the expected life of the options based on?
answer: historical data and is not necessarily indicative of exercise patterns that may occur. The expected life used in the model has been adjusted, based on the Director’s best estimate, taking into account the effects of exercise restrictions, non-transferability and behavioural considerations. An increase in the expected life will increase the estimated fair value.
question: For which years are the weighted average inputs into the Black-Scholes model considered? 
answer: 2019
2018
question: In which year was the Weighted average share price larger?
answer: 2019
derivation: 676.10>628.23
question: What was the change in Weighted average share price in 2019 from 2018?
answer: 47.87
derivation: 676.10-628.23
question: What was the percentage change in Weighted average share price in 2019 from 2018?
answer: 7.62
derivation: (676.10-628.23)/628.23
scale: percent
2019
2018
2017
(in thousands)
Components of Net Periodic Postretirement Benefit
Cost (income):
Service cost
$41
$39
$34
Interest cost
347
196
201
Amortization of prior service credit
(191)
(373)
(496)
Net actuarial loss
717
25
398
Special termination benefits
—
3,708
591
Total net periodic postretirement benefit cost
914
3,595
728
Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income:
Prior service cost
—
—
—
Reversal of amortization items:
Prior service credit
191
373
496
Total recognized in other comprehensive income
191
373
496
Total recognized in net periodic postretirement cost and other comprehensive income
$1,105
$3,968
$1,224

text: Expense
text: For the years ended December 31, 2019, 2018, and 2017, Teradyne’s net periodic postretirement benefit cost (income) was comprised of the following:

Questions:
question: What was the service cost in 2019?
answer: $41
scale: thousand
question: What was the interest cost in 2019?
answer: 347
scale: thousand
question: For which years was  Teradyne’s net periodic postretirement benefit cost (income) calculated?
answer: 2019
2018
2017
question: In which year was service cost the largest?
answer: 2019
derivation: 41>39>34
question: What was the change in service cost in 2018 from 2017?
answer: 5
derivation: 39-34
scale: thousand
question: What was the percentage change in service cost in 2018 from 2017?
answer: 14.71
derivation: (39-34)/34
scale: percent
Performance Level
Adjusted EBITDA Run Rate(1)
Payout as % of Target Award(2)
Maximum
≥ 2.8%
200%
Target
0.0%
100%
Threshold
(2.8)%
50%
Below Threshold
< (2.8)%
0%

text: 2019 Performance Target and Payout: The ultimate number of our PBRS that vest, can range between 0% to 200%, and will be based on our achievement of the absolute Adjusted EBITDA Run Rate target (measured from fourth quarter of 2018 to fourth quarter of 2020), as illustrated in the table below.
text: (1) Determined by dividing (i) the Adjusted EBITDA actually attained for the fourth quarter of 2020 minus the Adjusted EBITDA actually attained for the fourth quarter of 2018 by (ii) the Adjusted EBITDA actually attained for the fourth quarter of 2018.
text: (2) Linear interpolation is used when our Adjusted EBITDA Run Rate performance is between the threshold, target and maximum amounts to determine the corresponding percentage of target award earned.

Questions:
question: How is the Adjusted EBITDA Run Rate determined?
answer: Determined by dividing (i) the Adjusted EBITDA actually attained for the fourth quarter of 2020 minus the Adjusted EBITDA actually attained for the fourth quarter of 2018 by (ii) the Adjusted EBITDA actually attained for the fourth quarter of 2018
question: When determining the payout as a % of the target award, when is linear interpolation used?
answer: when our Adjusted EBITDA Run Rate performance is between the threshold, target and maximum amounts
question: What are the different performance levels?
answer: Maximum
Target
Threshold
Below Threshold
question: How many different performance levels are there?
answer: 4
derivation: Maximum##Target##Threshold##Below Threshold
question: How many performance levels would the payout as % of target award be above 50%?
answer: 2
derivation: Maximum##Target
question: What is the difference in the ratios of the payout expressed as % of Target Award for Maximum over Target compared against Target over Threshold?
answer: 0
derivation: (200%/100%)-(100%/50%)
As of June 30, 2019
As of June 30, 2018
Deposits and restricted cash
$13,671
$9,479
Deferred implementation costs
—
13,740
Capitalized costs to obtain a contract
35,593
13,027
Investments
67,002
49,635
Long-term prepaid expenses and other long-term assets
32,711
25,386
Total
$148,977
$111,267

text: NOTE 8—OTHER ASSETS
text: Deposits and restricted cash primarily relate to security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of certain contractual-based agreements.
text: Deferred implementation costs relate to direct and relevant costs on implementation of long-term contracts, to the extent such costs can be recovered through guaranteed contract revenues. As a result of the adoption of Topic 606, deferred implementation costs are no longer capitalized, but rather expensed as incurred as these costs do not relate to future performance obligations. Accordingly, these costs were adjusted through opening retained earnings as of July 1, 2018 (see note 3 "Revenues").
text: Capitalized costs to obtain a contract relate to incremental costs of obtaining a contract, such as sales commissions, which are eligible for capitalization on contracts to the extent that such costs are expected to be recovered (see note 3 "Revenues").
text: Investments relate to certain non-marketable equity securities in which we are a limited partner. Our interests in each of these investees range from 4% to below 20%. These investments are accounted for using the equity method. Our share of net income or losses based on our interest in these investments is recorded as a component of other income (expense), net in our Consolidated Statements of Income. During the year ended June 30, 2019, our share of income (loss) from these investments was $13.7 million (year ended June 30, 2018 and 2017 — $6.0 million and $6.0 million, respectively).
text: Long-term prepaid expenses and other long-term assets includes advance payments on long-term licenses that are being amortized over the applicable terms of the licenses and other miscellaneous assets.

Questions:
question: What are Deposits and restricted cash primarily related to?
answer: security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of certain contractual-based agreements
question: What is the result of the adoption of Topic 606?
answer: deferred implementation costs are no longer capitalized, but rather expensed as incurred
question: What are the Fiscal years included in the table?
answer: 2019
2018
question: What is the percentage difference of Deposits and restricted cash for June 30, 2019 vs June 30, 2018?
answer: 44.22
derivation: (13,671-9,479)/9,479
scale: percent
question: What is the Average annual total costs for both Fiscal years?
answer: 130122
derivation: (148,977+111,267)/2
scale: thousand
question: As of June 30, 2019, what is the Investment cost expressed as a percentage of total costs?
answer: 44.97
derivation: 67,002/148,977
scale: percent
For the Year Ended
January 31, 2020
February 1, 2019
February 2, 2018
Aggregate purchase price (1)
$1,334
$42
$1,449
Class A common stock repurchased
7,664
286
13,977
Weighted-average price per share
$174.02
$148.07
$103.66

text: VMware Stock Repurchases
text: VMware purchases stock from time to time in open market transactions, subject to market conditions. The timing of any repurchases and the actual number of shares repurchased will depend on a variety of factors, including VMware’s stock price, cash requirements for operations and business combinations, corporate, legal and regulatory requirements and other market and economic conditions. VMware is not obligated to purchase any shares under its stock repurchase programs. Purchases can be discontinued at any time VMware believes additional purchases are not warranted. From time to time, VMware also purchases stock in private transactions, such as those with Dell. All shares repurchased under VMware’s stock repurchase programs are retired.
text: The following table summarizes stock repurchase activity, including shares purchased from Dell, during the periods presented (aggregate purchase price in millions, shares in thousands):
text: (1) The aggregate purchase price of repurchased shares is classified as a reduction to additional paid-in capital until the balance is reduced to zero and the excess is recorded as a reduction to retained earnings.

Questions:
question: What was the aggregate purchase price classified as?
answer: a reduction to additional paid-in capital until the balance is reduced to zero and the excess is recorded as a reduction to retained earnings.
question: What was the Class A common stock repurchased in 2019?
answer: 286
scale: thousand
question: What was the Weighted-average price per share in 2018?
answer: 103.66
question: How many years did Class A common stock repurchased exceed $10,000 million?
answer: 1
derivation: 2018
question: What was the change in Aggregate purchase price between 2018 and 2019?
answer: -1407
derivation: 42-1,449
scale: million
question: What was the percentage change in weighted-average price per share between 2019 and 2020?
answer: 17.53
derivation: (174.02-148.07)/148.07
scale: percent
Vessel
Built in 
Deadweight Tons  
Delivered to NAT in
Nordic Freedom
2005
159,331
2005
Nordic Moon
2002
160,305
2006
Nordic Apollo
2003
159,998
2006
Nordic Cosmos
2003
159,999
2006
Nordic Grace
2002
149,921
2009
Nordic Mistral
2002
164,236
2009
Nordic Passat
2002
164,274
2010
Nordic Vega
2010
163,940
2010
Nordic Breeze
2011
158,597
2011
Nordic Zenith
2011
158,645
2011
Nordic Sprinter
2005
159,089
2014
Nordic Skier
2005
159,089
2014
Nordic Light
2010
158,475
2015
Nordic Cross
2010
158,475
2015
Nordic Luna
2004
150,037
2016
Nordic Castor
2004
150,249
2016
Nordic Sirius
2000
150,183
2016
Nordic Pollux
2003
150,103
2016
Nordic Star
2016
159,000
2016
Nordic Space
2017
159,000
2017
Nordic Aquarius
2018
157,000
2018
Nordic Cygnus
2018
157,000
2018
Nordic Tellus
2018
157,000
2018

text: B. Business Overview
text: Our Fleet
text: Our fleet currently consists of 23 Suezmax crude oil tankers, of which the vast majority have been built in Korea. The majority of our vessels are employed in the spot market, together with one vessel currently on a longer term time charter agreement expiring in 2021 or later. The vessels are considered homogenous and interchangeable as they have approximately the same freight capacity and ability to transport the same type of cargo.

Questions:
question: What is the the respective years in which Nordic Freedom was built and delivered to NAT?
answer: 2005
2005
question: What is the the respective years in which Nordic Moon was built and delivered to NAT?
answer: 2002
2006
question: What is the the respective years in which Nordic Apollo was built and delivered to NAT?
answer: 2003
2006
question: What is the total weight of Nordic Freedom and Nordic Moon?
answer: 319636
derivation: (159,331 + 160,305) 
question: What is the average weight of Nordic Freedom and Nordic Moon?
answer: 159818
derivation: (159,331 + 160,305)/2 
question: What is the weight of Nordic Moon as a percentage of the weight of Nordic Apollo?
answer: 100.19
derivation: 160,305/159,998 
scale: percent
2019
(Restated) 2018
Note
£m
£m
Staff costs
7
(56.0)
(54.5)
Contractor costs
(0.4)
(0.4)
Depreciation of property, plant and equipment
14
(4.9)
(4.9)
Amortisation of intangible assets
13
(4.0)
(4.1)
Profit on sale of property, plant and equipment
0.1
–

text: 6. Operating profit
text: The Group has identified a number of items which are material due to the significance of their nature and/or amount. These are listed separately here to provide a better understanding of the financial performance of the Group:
text: Following the application of IFRS 16, depreciation of property, plant and equipment has been restated for the year ended 31 March 2018 (note 2).

Questions:
question: Why are some of the items identified by the group considered material?
answer: due to the significance of their nature and/or amount. These are listed separately here to provide a better understanding of the financial performance of the Group
question: What item in the table has been restated for 2018?
answer: Following the application of IFRS 16, depreciation of property, plant and equipment has been restated
question: For which years was Depreciation of property, plant and equipment calculated?
answer: 2019
2018
question: In which year were staff costs larger?
answer: 2019
derivation: |-56.0|>|-54.5|
question: What was the change in staff costs in 2019 from 2018?
answer: -1.5
derivation: -56.0-(-54.5)
scale: million
question: What was the percentage change in staff costs in 2019 from 2018?
answer: 2.75
derivation: (-56.0-(-54.5))/-54.5
scale: percent
($ and shares in millions except per share amounts)
For the year ended December 31:
2019
2018
Yr.-to-Yr. Percent/Margin Change**
Revenue
$ 77,147
$ 79,591
(3.1)%*
Gross profit margin
47.3%
46.4%
0.9 pts.
Total expense and other (income)
$ 26,322
$ 25,594
2.8%
Income from continuing operations before income taxes
$ 10,166
$ 11,342
(10.4)%
Provision for income taxes from continuing operations
$    731
2,619+
(72.1)%
Income from continuing operations
$  9,435
8,723+
8.2%
Income from continuing operations margin
12.2%
11.0%
1.3 pts.
Net income
$  9,431
8,728+
8.1%
Earnings per share from continuing operations—assuming dilution
$  10.57
9.51+
11.1%
Weighted-average shares outstanding—assuming dilution
892.8
916.3
(2.6)%
Assets++
$152,186
$123,382
23.3%
Liabilities++
$131,202
$106,452
23.2%
Equity++
$ 20,985
$ 16,929
24.0%

text: MANAGEMENT DISCUSSION SNAPSHOT
text: * (1.0) percent adjusted for currency; 0.2 percent excluding divested businesses and adjusted for currency.
text: ** 2019 results were impacted by Red Hat purchase accounting and acquisition-related activity.
text: + Includes charges of $2.0 billion or $2.23 of diluted earnings per share in 2018 associated with U.S. tax reform.
text: ++At December 31

Questions:
question: How has the revenue year to year change been adjusted?
answer: (1.0) percent adjusted for currency; 0.2 percent excluding divested businesses and adjusted for currency
question: What impacted the 2019 results?
answer: 2019 results were impacted by Red Hat purchase accounting and acquisition-related activity
question: What charges were included in 2018?
answer: Includes charges of $2.0 billion or $2.23 of diluted earnings per share in 2018 associated with U.S. tax reform.
question: What was the increase / (decrease) in revenue from 2018 to 2019?
answer: -2444
derivation: 77,147 - 79,591
scale: million
question: What was the total assets turnover ratio in 2019?
answer: 50.69
derivation: 77,147 / 152,186
scale: percent
question: What was the percentage increase / (decrease) in the net income from 2018 to 2019?
answer: 8.05
derivation: 9,431 / 8,728 - 1
scale: percent
Pension
Other Benefits
2019
2018
2019
2018
Net actuarial loss (gain)
$16,864
$15,691
$(793)
$(879)
Prior service cost
1,325
1,413
—
—
Accumulated other comprehensive (income) loss
$18,189
$17,104
$(793)
$(879)

text: Amounts recognized in Accumulated other comprehensive income (loss) at March 31, 2019 and 2018 consist of the following (amounts in thousands):
text: Although not reflected in the table above, the tax effect on the pension balances was $2.4 million and $2.3 million as of March 31, 2019 and 2018, respectively.

Questions:
question: Which years does the table provide information for Amounts recognized in Accumulated other comprehensive income (loss)?
answer: 2019
2018
question: What was the prior service cost for Pension in 2019?
answer: 1,325
scale: thousand
question: What was the Net actuarial loss (gain) for Other Benefits in 2018?
answer: (879)
scale: thousand
question: What was the change in the Net actuarial loss  for Other Benefits between 2018 and 2019?
answer: 86
derivation: -793-(-879)
question: What was the change in the Accumulated other comprehensive (income) loss for Pension between 2018 and 2019?
answer: 1085
derivation: 18,189-17,104
scale: thousand
question: What was the percentage change in the prior service cost for Pension between 2018 and 2019?
answer: -6.23
derivation: (1,325-1,413)/1,413
scale: percent
December 31,
2019
2018
Computer equipment and purchased software
$3,011
$3,167
Machinery and equipment
699
821
Furniture and fixtures
1,115
1,113
Leasehold improvements (1)
3,897
3,897
Total
8,722
8,998
Less accumulated depreciation and amortization (1)
(7,496)
(6,655)
Property and equipment, net
$1,226
$2,343

text: Property and Equipment
text: Property and equipment are as follows (in thousands):
text: (1) In the fourth quarter 2019, the Company announced its decision to exit the San Jose California facility (“SJ Facility”) by March 31, 2020. The Company accelerated the amortization of its SJ Facility leasehold improvements over the remaining estimated life which is estimated to be through March 31, 2020. As of December 31, 2019, the net book value of the SJ Facility leasehold improvements was $0.9 million and will be fully amortized by March 31, 2020.

Questions:
question: What is the value of Computer equipment and purchased software in 2019 and 2018 respectively?
answer: $3,011
$3,167
scale: thousand
question: What was the net book value of SJ Facility leasehold improvements in 2019?
answer: $0.9 million
question: What is the value of Machinery and equipment in 2019 and 2018 respectively?
answer: 699
821
scale: thousand
question: In which year was Machinery and equipment less than 700 thousands?
answer: 2019
derivation: locate and analyze Machinery and equipment in row 4
question: What was the average Furniture and fixtures for 2018 and 2019?
answer: 1114
derivation: (1,115 + 1,113) / 2
scale: thousand
question: What was the change in the Property and equipment, net from 2018 to 2019?
answer: -1117
derivation: 1,226 - 2,343
scale: thousand