next-tat/TAT-QA huggingface dataset:
At August 31,
2019
2018
(In thousands of Canadian dollars)
$
$
Trade accounts receivable
74,021
95,541
Allowance for doubtful accounts
(6,759)
(6,497)
67,262
89,044
Other accounts receivable
8,390
8,250
75,652
97,294

text: The Corporation is also exposed to credit risk in relation to its trade accounts receivable. To mitigate such risk, the Corporation continuously monitors the financial condition of its customers and reviews the credit history or worthiness of each new large customer. The Corporation establishes an allowance for lifetime expected credit losses related to doubtful accounts. The doubtful accounts allowance is calculated on a specific-identification basis for larger customer accounts receivable and on a statistically derived basis for the remainder.
text: Factors such as the current economic conditions, forward-looking macroeconomic data and historical information (number of overdue days of the customer’s balance outstanding as well as the customer’s collection history) are examined. The Corporation believes that its allowance for doubtful accounts is sufficient to cover the related credit risk.
text: The Corporation has credit policies in place and has established various credit controls, including credit checks, deposits on accounts and advance billing, and has also established procedures to suspend the availability of services when customers have fully utilized approved credit limits or have violated existing payment terms. Since the Corporation has a large and diversified clientele dispersed throughout its market areas in Canada and the United States, there is no significant concentration of credit risk.
text: The following table provides further details on trade and other receivables, net of allowance for doubtful accounts:

Questions:
question: What is the basis for the doubtful accounts receivable calculation?
answer: The doubtful accounts allowance is calculated on a specific-identification basis for larger customer accounts receivable and on a statistically derived basis for the remainder.
question: What was the other accounts receivable in 2019?
answer: 8,390
scale: thousand
question: What is the trade accounts receivable in 2019?
answer: 74,021
scale: thousand
question: What is the increase / (decrease) in the trade accounts receivable from 2018 to 2019?
answer: -21520
derivation: 74,021 - 95,541
scale: thousand
question: What was the average allowance for doubtful accounts from 2018 to 2019?
answer: -6628
derivation: -(6,759 + 6,497) / 2
scale: thousand
question: What is the average other accounts receivable from 2018 to 2019?
answer: 8320
derivation: (8,390 + 8,250) / 2
scale: thousand
Three Months Ended
December 31, 2019
September 29, 2019
December 31, 2018
(Unaudited, in millions)
Income tax expense
$(62)
$(28)
$(28)

text: During the fourth and third quarters of 2019 and the fourth quarter of 2018, we recorded an income tax expense of $62 million, $28 million and $28 million, respectively, reflecting (i) in the third quarter of 2019 the estimated annual effective tax rate in each of our jurisdictions, applied to the consolidated results before taxes in the third quarter of 2019 and (ii) in both fourth quarters the actual tax charges and benefits in each jurisdiction as well as the true-up of tax provisions based upon the most updated visibility on open tax matters in several jurisdictions. and (ii) in both fourth quarters the actual tax charges and benefits in each jurisdiction as well as the true-up of tax provisions based upon the most updated visibility on open tax matters in several jurisdictions. and (ii) in both fourth quarters the actual tax charges and benefits in each jurisdiction as well as the true-up of tax provisions based upon the most updated visibility on open tax matters in several jurisdictions.
text: Income tax expense

Questions:
question: How much was the income tax expense in the fourth quarter of 2019?
answer: $62 million
question: What does the income tax expense in the third quarter of 2019, reflect?
answer: in the third quarter of 2019 the estimated annual effective tax rate in each of our jurisdictions, applied to the consolidated results before taxes in the third quarter of 2019
question: What does the income tax expense in the fourth quarter of 2018 and 2019, reflect?
answer: in both fourth quarters the actual tax charges and benefits in each jurisdiction as well as the true-up of tax provisions based upon the most updated visibility on open tax matters in several jurisdictions.
question: What is the average Income tax expense for the period September 29, and December 31, 2019?
answer: 45
derivation: (62+28) / 2
scale: million
question: What is the average Income tax expense for the period December 31, 2019 and 2018?
answer: 45
derivation: (62+28) / 2
scale: million
question: What is the increase/ (decrease) in Income tax expense from the period December 31, 2018 to 2019?
answer: 34
derivation: 62-28
scale: million
Three months ended August 31,
2019 (1)
2018 (2)
Change
Change in constant currency
Foreign exchange impact
(in thousands of dollars, except percentages)
$
$
%
%
$
Revenue
583,673
566,184
3.1
2.7
2,427
Operating expenses
302,833
297,977
1.6
1.1
1,441
Management fees – Cogeco Inc.
5,230
4,796
9.0
9.0
-
Adjusted EBITDA
275,610
263,411
4.6
4.3
986
Adjusted EBITDA margin
47.2%
46.5%

text: OPERATING AND FINANCIAL RESULTS
text: (1) For the three-month period ended August 31, 2019, the average foreign exchange rate used for translation was 1.3222 USD/CDN.
text: (2) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued
operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
text: (3) Fiscal 2019 actuals are translated at the average foreign exchange rate of the comparable period of fiscal 2018 which was 1.3100 USD/CDN.

Questions:
question: What was the foreign exchange rate used for the three-month period ended 2019?
answer: 1.3222 USD/CDN.
question: What was the foreign exchange rate used For the three-month period ended 2018?
answer: 1.3100 USD/CDN.
question: What was the Adjusted EBITDA margin in fourth quarter fiscal year 2019?
answer: 47.2%
question: What was the increase / (decrease) in the revenue from three months ended August 31, 2018 to 2019?
answer: 17489
derivation: 583,673 - 566,184
scale: thousand
question: What was the average operating expenses from three months ended August 31, 2018 to 2019?
answer: 300405
derivation: (302,833 + 297,977) / 2
scale: thousand
question: What was the increase / (decrease) in the Adjusted EBITDA margin from three months ended August 31, 2018 to 2019?
answer: 0.7
derivation: 47.2% - 46.5%
scale: percent
December 31,
2019
2018
Balance at the beginning of the period
$3,282
$3,642
Service cost
405
448
Interest cost
254
196
Actuarial (gains) losses
(108)
(783)
Benefits paid
(22)
(32)
Effect of foreign currency translation
122
(189)
Balance at the end of the period
$3,933
$3,282
Unfunded status
(3,933)
(3,282)
Net amount recognized
$(3,933)
$(3,282)

text: Note 23. Defined Benefit Pension Plan and Postretirement Benefits
text: Defined Benefit Pension Plans
text: The Company sponsors non-contributory defined benefit pension plans (the “Pension Plans”) for its covered employees in the Philippines. The Pension Plans provide defined benefits based on years of service and final salary. All permanent employees meeting the minimum service requirement are eligible to participate in the Pension Plans. As of December 31, 2019, the Pension Plans were unfunded. The Company expects to make no cash contributions to its Pension Plans during 2020.
text: The following table provides a reconciliation of the change in the benefit obligation for the Pension Plans and the net amount recognized, included in “Other long-term liabilities,” in the accompanying Consolidated Balance Sheets (in thousands):

Questions:
question: What was the service cost in 2019?
answer: 405
scale: thousand
question: What was the  Interest cost  in 2018?
answer: 196
scale: thousand
question: In which years is the reconciliation of the change in the benefit obligation for the Pension Plans and the net amount recognized calculated?
answer: 2019
2018
question: In which year was service cost larger?
answer: 2018
derivation: 448>405
question: What was the change in interest cost in 2019 from 2018?
answer: 58
derivation: 254-196
scale: thousand
question: What was the percentage change in interest cost in 2019 from 2018?
answer: 29.59
derivation: (254-196)/196
scale: percent
Year Ended
April 26, 2019
April 27, 2018
Balance at beginning of period
$  3,363
$ 3,213
Additions
2,763
2,566
Revenue recognized during the period
(2,458 )
(2,416 )
Balance at end of period
$  3,668
$ 3,363

text: The following tables summarize the activity related to deferred revenue and financed unearned services revenue (in millions):
text: During the years ended April 26, 2019 and April 27, 2018, we recognized $1,722 million and $1,806 million, respectively, that was included in the deferred revenue and financed unearned services revenue balance at the beginning of the respective periods.
text: As of April 26, 2019, the aggregate amount of the transaction price allocated to the remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied was $3,668 million, which is equivalent to our deferred revenue and unearned services revenue balance. Because customer orders are typically placed on an as-needed basis, and cancellable without penalty prior to shipment, orders in backlog may not be a meaningful indicator of future revenue and have not been included in this amount. We expect to recognize as revenue approximately 50% of our deferred revenue and financed unearned services revenue balance in the next 12 months, approximately 25% in the next 13 to 24 months, and the remainder thereafter.

Questions:
question: How much was included in the deferred revenue and financed unearned services revenue balance at the beginning of 2019?
answer: 1,722
scale: million
question: What were the additions in 2019?
answer: 2,763
scale: million
question: What was the balance at the end of period in 2018?
answer: 3,363
scale: million
question: What was the change in the balance at beginning of period between 2018 and 2019?
answer: 150
derivation: 3,363-3,213
scale: million
question: How many years did balance at end of period exceed $3,500 million?
answer: 1
derivation: 2019
question: What was the percentage change in additions between 2018 and 2019?
answer: 7.68
derivation: (2,763-2,566)/2,566
scale: percent
June 30,
2019
2018
Estimated Useful Life
Land (1)
$23,243
$24,845
Land improvements (1)
25,209
25,383
5 - 20 years
Buildings (1)
147,220
143,918
20 - 30 years
Leasehold improvements
48,478
48,060
5 - 30 years(2)
Equipment and furniture
365,101
328,864
3 - 10 years
Aircraft and equipment
39,293
38,761
4 - 10 years
Construction in progress
12,411
39,872
660,955
649,703
Less accumulated depreciation
388,481
364,153
Property and equipment, net
$272,474
$285,550

text: NOTE 3. PROPERTY AND EQUIPMENT
text: The classification of property and equipment, together with their estimated useful lives is as follows:
text: (1) Excludes assets held for sale
text: (2) Lesser of lease term or estimated useful life
text: The change in property and equipment in accrued liabilities was $14,315 and $15,674 for the fiscal years ended June 30, 2019 and 2018, respectively. These amounts were excluded from capital expenditures on the statements of cash flows.
text: No impairments of property and equipment were recorded in fiscal 2019 or 2018.
text: During the third quarter of fiscal 2019, the Company received an unsolicited offer to purchase its Houston, TX, facility. At June 30, 2019, the facility included assets with a carrying value of approximately $5,055. Although management has not committed to the sale, a sale of the facility during fiscal 2020 is likely and the Company expects to record a gain on the sale upon closing, since the offer represents full appraisal value for the facility. Therefore, the assets are considered held for sale at June 30, 2019. Also held for sale at June 30, 2019, was the Company’s Elizabethtown, KY facility. During the third quarter of fiscal 2018, the Company reached a definitive agreement to sell the property for $1,300 pending an expected closing date during the second quarter of fiscal 2020. An impairment loss was recorded on this facility during fiscal 2017 as disclosed in Note 2 to the Company’s consolidated financial statements. Total assets held for sale by the Company at June 30, 2019 and 2018 were $6,355 and $1,300, respectively, and were included in assets held for sale on the Company’s consolidated balance sheet for each year. Those balances are not included on the above table.

Questions:
question: What is the estimated useful life of land improvements?
answer: 5 - 20 years
question: What is the estimated useful life of buildings?
answer: 20 - 30 years
question: What is the estimated useful life of leasehold improvements?
answer: 5 - 30 years
question: What is the average land amount for 2018 and 2019?
answer: 24044
derivation: (23,243+24,845)/2
question: What is the average buildings amount for 2018 and 2019?
answer: 145569
derivation: (147,220+143,918)/2
question: Between 2018 and 2019 year end, which year had a higher amount of equipment and furniture?
answer: 2019
derivation: 365,101>328,864
As of December 31, 2019
Carrying Amount
Fair Amount
(in NT$ millions)
Time Deposits: Non-Trading Purpose
62,320
62,320
Short-term Loans: Non-Trading Purpose
12,015
12,015
Bonds: Non-Trading Purpose
38,781
39,572
Long-term Loans: Non-Trading Purpose
33,902
33,902

text: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
text: Market risk is the risk of loss related to adverse changes in market prices, including interest rates and foreign exchange rates, of financial instruments. We are exposed to various types of market risks, including changes in interest rates and foreign currency exchange rates, in the normal course of business.
text: We use financial instruments, including variable rate debt and swaps and foreign exchange spot transactions, to manage risks associated with our interest rate and foreign currency exposures through a controlled program of risk management in accordance with established policies. These policies are reviewed and approved by our board of directors and stockholders’ meeting. Our treasury operations are subject to internal audit on a regular basis. We do not hold or issue derivative financial instruments for speculatively purposes.
text: Since export sales are primarily conducted in U.S. dollars, we had U.S. dollar-denominated accounts receivable of US$626 million as of December 31, 2019. As of the same date, we also had Japanese Yen-denominated accounts receivable of ¥14,266 million attributable to our Japanese operations and Renminbi-denominated accounts receivable of RMB¥710 million attributable to our China operations. We had U.S. dollar-, Japanese Yen- and Renminbi-denominated accounts payables of US$128 million, ¥7,193 million and RMB¥262 million, respectively, as of December 31, 2019.
text: Our primary market risk exposures relate to interest rate movements on borrowings and exchange rate movements on foreign currency denominated accounts receivable, capital expenditures relating to equipment used in manufacturing processes (including lithography, etching and chemical vapor deposition) and purchased primarily from Europe, Japan and the United States.
text: The following table provides information as of December 31, 2019 on our market risk sensitive financial instruments.

Questions:
question: What is market risk?
answer: Market risk is the risk of loss related to adverse changes in market prices, including interest rates and foreign exchange rates, of financial instruments.
question: What were the Time Deposits: Non-Trading Purpose carrying amount?
answer: 62,320
scale: million
question: What were the accounts receivables in 2019?
answer: US$626 million
question: What is the difference in Time Deposits: Non-Trading Purpose between Carrying Amount and Fair Amount?
answer: 0
derivation: 62,320 - 62,320
scale: million
question: What is the difference between Bonds: Non-Trading Purpose Carrying Amount and Fair Amount?
answer: -791
derivation: 38,781 - 39,572
scale: million
question: What is the percentage increase / (decrease) of the Long-term Loans: Non-Trading Purpose Carrying Amount versus the Fair Amount?
answer: 0
derivation: 33,902 / 33,902 - 1
scale: percent
December 31, 2019
December 31, 2018
(in thousands)
Cash and cash equivalents
$92,708
$73,142
Short-term restricted cash
349
645
Long-term restricted cash
60
404
Total cash, cash equivalents and restricted cash
$93,117
$74,191

text: 7. Balance Sheet Details
text: Cash, cash equivalents, and restricted cash consist of the following:
text: As of December 31, 2019 and December 31, 2018, cash and cash equivalents included $20.4 million and $0 of money market funds, respectively. As of December 31, 2019 and 2018, the Company has restricted cash of $0.4 million and $1.0 million, respectively. The cash is restricted in connection with guarantees for certain import duties and office leases.

Questions:
question: What was the money market frauds in 2019 and 2018?
answer: $20.4 million
$0
question: In what respect is cash restricted?
answer: restricted in connection with guarantees for certain import duties and office leases.
question: What was the Short-term restricted cash in 2019?
answer: 349
scale: thousand
question: What was the change in the cash and cash equivalents from 2018 to 2019?
answer: 19566
derivation: 92,708 - 73,142
scale: thousand
question: What is the average Short-term restricted cash for 2018 and 2019?
answer: 497
derivation: (349 + 645) / 2
scale: thousand
question: In which year was Long-term restricted cash less than 100 thousands?
answer: 2019
derivation: locate and analyze long-term restricted cash in row 5
Payments Due By Period
(Dollars in Millions)
Total
Less than 1 year
1-3 years
3-5 years
More than 5 years
Capital Leases
$1.7
$0.6
$0.9
$0.2
$—
Operating Leases
34.2
7.8
10.5
7.5
8.4
Debt (1)
295.5
15.7
28.8
247.7
3.3
Estimated Interest on Debt (2)
46.8
11.7
20.7
14.2
0.2
Deferred Compensation
8.5
1.2
3.2
1.6
2.5
Total
$386.7
$37.0
$64.1
$271.2
$14.4

text: Contractual Obligations
text: The following table summarizes contractual obligations and commitments, as of April 27, 2019:
text: (1) Assumes the outstanding borrowings under the revolving credit facility will be repaid upon maturity of the credit agreement in September 2023.
text: (2) Amounts represent estimated contractual interest payments on outstanding debt. Interest rates in effect as of April 27, 2019 are used for floating-rate debt.
text: We enter into agreements with suppliers to assist us in meeting our customers' production needs. These agreements vary as to duration and quantity commitments. Historically, most have been short-term agreements, which do not provide for minimum purchases, or are requirements-based contracts.

Questions:
question: Why does the company enter into agreements with suppliers?
answer: to assist us in meeting our customers' production needs.
question: What was the capital leases due in 1 year and 1-3 years respectively?
answer: $0.6
$0.9
scale: million
question: What was the total operating leases?
answer: 34.2
scale: million
question: What was the difference in the capital leases due from less than 1 year to those due in 1-3 years?
answer: 0.3
derivation: 0.9 - 0.6
scale: million
question: In which period was operating leases due less than 10 million?
answer: Less than 1 year
3-5 years
More than 5 years
derivation: locate and analyze operating leases in row 5
question: What percentage of the total was made of debt?
answer: 76.42
derivation: 295.5 / 386.7
scale: percent
Payment Due by Period
Contractual obligations
Total
Year 1
Years 2 - 3
Years 4 - 5
More than 5 years
Debt obligations (1)
$305,927
$28,430
$59,509
$55,708
$162,280
Interest obligations (1)
28,200
6,326
11,039
8,928
1,907
Operating lease obligations
48,311
10,898
14,302
9,402
13,709
Pension and other post-retirement benefits (2)
94,178
6,758
15,184
18,024
54,212
Employee separation liability
7,640
594
674
674
5,698
Restructuring liability
2,181
1,869
312
—
—
Purchase commitments
31,468
31,468
—
—
—
Capital lease obligations
2,049
993
888
168
—
Anti-trust fines and settlements (3)
34,880
21,712
10,203
2,965
—
Total
$554,834
$109,048
$112,111
$95,869
$237,806

text: Commitments
text: At March 31, 2019, we had contractual obligations in the form of non-cancellable operating leases and debt, including interest payments (see Note 3, “Debt” and Note 15, “Commitments and Contingencies” to our consolidated financial statements), European social security, pension benefits, other post-retirement benefits, inventory purchase obligations, fixed asset purchase obligations, acquisition related obligations, and construction obligations as follows (amounts in thousands):
text: (1) Refer to Note 3, “Debt” for additional information. Repayment of the Customer Capacity Agreements assumes the customers purchase products in a quantity sufficient to require the maximum permitted debt repayment amount per quarter.
text: (2) Reflects expected benefit payments through fiscal year 2029.
text: (3) In addition to amounts reflected in the table, an additional $2.9 million has been recorded in the line item "Accrued expenses," for which the timing of payment has not been determined.

Questions:
question: What did Pension and other post-retirement benefits reflect?
answer: expected benefit payments through fiscal year 2029.
question: What were the total debt obligations?
answer: 305,927
scale: thousand
question: What were the interest obligations that had payments due more than 5 years?
answer: 1,907
scale: thousand
question: What was the difference in the total between Employee separation liability and Restructuring liability?
answer: 5459
derivation: 7,640-2,181
scale: thousand
question: What was the difference between the payments due by Year 1 between Interest obligations and operating lease obligations?
answer: 4572
derivation: 10,898-6,326
scale: thousand
question: What were the total debt obligations as a percentage of the total contractual obligations?
answer: 55.14
derivation: 305,927/554,834
scale: percent