next-tat/TAT-QA huggingface dataset:
As of December 31,
2019
2018
Contract Assets
Prepaid rebates included in Other current assets
$64
$65
Prepaid rebates included in Other assets
1,853
999
Total Contract Assets
$1,917
$1,064
Contract Liabilities
Customer discounts and price concessions included in Accrued expenses and other liabilities
$(2,070)
$(1,656)
Customer rights of return included in Accrued expenses and other liabilities
(807)
(325)
Total Contract Liabilities
$(2,877)
$(1,981)

text: NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
text: Contract Assets and Liabilities
text: Contract assets and liabilities included in our Consolidated Balance Sheets are as follows:
text: During the twelve months ended December 31, 2019, we recognized revenues of $256 that was included in contract liabilities at the beginning of the period.

Questions:
question: Which years does the table provide information for the company's Contract assets and liabilities?
answer: 2019
2018
question: What were the Prepaid rebates included in Other current assets in 2019?
answer: 64
scale: thousand
question: What were the Prepaid rebates included in Other assets in 2018?
answer: 999
scale: thousand
question: How many years did total contract assets exceed $1,500 thousand?
answer: 1
derivation: 2019
question: What was the change in the Prepaid rebates included in Other assets between 2018 and 2019?
answer: 854
derivation: 1,853-999
scale: thousand
question: What was the percentage change in total contract liabilities between 2018 and 2019?
answer: 45.23
derivation: (-2,877-(-1,981))/-1,981
scale: percent
($ in millions)
2019
2018
2017
Balance at January 1
$6,759
$ 7,031
$3,740
Additions based on tax positions related to the current year
816
394
3,029
Additions for tax positions of prior years
779
1,201
803
Reductions for tax positions of prior years (including impacts due to a lapse of statute)
(922)
(1,686)
(367)
Settlements
(286)
(181)
(174)
Balance at December 31
$7,146
$ 6,759
$7,031

text: The amount of unrecognized tax benefits at December 31, 2019 increased by $387 million in 2019 to $7,146 million. A reconciliation of the beginning and ending amount of unrecognized tax benefits was as follows:
text: The additions to unrecognized tax benefits related to the current and prior years were primarily attributable to U.S. federal and state tax matters, as well as non-U.S. tax matters, including transfer pricing, credits and incentives. The settlements and reductions to unrecognized tax benefits for tax positions of prior years were primarily attributable to U.S. federal and state tax matters, non-U.S. audits and impacts due to lapse of statute of limitations.
text: The unrecognized tax benefits at December 31, 2019 of $7,146 million can be reduced by $584 million associated with timing adjustments, U.S. tax credits, potential transfer pricing adjustments and state income taxes. The net amount of $6,562 million, if recognized, would favorably affect the company’s effective tax rate. The net amounts at December 31, 2018 and 2017 were $6,041 million and $6,064 million, respectively.

Questions:
question: How much amount did the unrecognized tax benefits increased in 2019?
answer: $387 million
question: What attributed to settlements and reductions to unrecognized tax benefits?
answer: The settlements and reductions to unrecognized tax benefits for tax positions of prior years were primarily attributable to U.S. federal and state tax matters, non-U.S. audits and impacts due to lapse of statute of limitations.
question: In December 2019, how much reduction was associated to timing adjustments, U.S. tax credits, potential transfer pricing adjustments and state income taxes.
answer: $584 million
question: What is the average of Balance at January 1?
answer: 5843.33
derivation: (6,759+7,031+3,740) / 3
scale: million
question: What is the average of Balance at December 31?
answer: 6978.67
derivation: (7,146+6,759+7,031) / 3
scale: million
question: What is the average of Settlements for the period 2018-19?
answer: -233.5
derivation: (-286+(-181)) / 2
scale: million
2019
2018
Employee Grants
Employee Grants
Weighted-average Black-Scholes option pricing model assumptions:
Volatility
73.01%
82.00%
Expected term (in years)
6
6
Risk-free rate
2.22%
2.24%
Expected dividend yield
0.0%
0.0%
Weighted average grant date fair value per share
$2.10
$2.22

text: The Company estimates the fair values of stock options using the Black-Scholes option-pricing model on the date of grant.For the years ended December 31, 2019 and 2018, the assumptions used in the Black-Scholes option pricing model, which was used to estimate the grant date fair value per option, were as follows:
text: The risk-free interest rate is the United States Treasury rate for the day of the grant having a term equal to the life of the equity instrument. The volatility is a measure of the amount by which the Company’s share price has fluctuated or is expected to fluctuate; the Company used its common stock volatility along with the average of historic volatilities of comparative companies. The dividend yield is zero as the Company has not made any dividend payment and has no plans to pay dividends in the foreseeable future. The Company determines the expected term of its stock option awards by using the simplified method, which assumes each vesting tranche of the award has a term equal to average of the contractual term and the vesting period.
text: As of December 31, 2019, total compensation cost not yet recognized related to unvested stock options was approximately $0.8 million, which is expected to be recognized over a weighted-average period of 2.3 years.

Questions:
question: What are the respective expected terms of the 2018 and 2019 employee grants?
answer: 6
6
question: What are the respective volatility of the 2018 and 2019 employee grants?
answer: 82.00%
73.01%
question: What are the respective risk-free rate of the 2018 and 2019 employee grants?
answer: 2.24%
2.22%
question: What is the average expected dividend yield of the 2018 and 2019 employee grants?
answer: 0
derivation: ( 0 + 0)/2 
scale: percent
question: What is the average risk-free rate in 2018 and 2019?
answer: 2.23
derivation: (2.24 + 2.22)/2 
scale: percent
question: What is the average volatility in 2018 and 2019?
answer: 77.51
derivation: (73.01 + 82.00)/2 
scale: percent
Number of Shares
Weighted Average Exercise Price
Outstanding at September 2018
33,800
$  77.85
Granted
5,450
84.00
Exercised
(2,800)
79.22
Forfeited/Expired
—
—
Outstanding at September 2019
36,450
$  78.67

text: The following is a summary of stock option activity during fiscal 2019:
text: Net income before income taxes included compensation expense related to the amortization of the Company’s stock option awards of $0.1 million during both fiscal 2019 and fiscal 2018. At September 2019, total unamortized compensation expense related to stock options was approximately $0.3 million. This unamortized compensation expense is expected to be amortized over approximately the next 38 months.
text: The aggregate intrinsic value of stock options exercisable was approximately $0.2 million and $0.3 million at September 2019 and September 2018, respectively.
text: The total intrinsic value of stock options exercised was $0.1 million in both fiscal 2019 and fiscal 2018. The total fair value of stock options vested was $0.4 million during both fiscal 2019 and fiscal 2018.

Questions:
question: What is the compensation expense related to the amortization of the Company’s stock option awards included in the net income before income taxes in both fiscal 2018 and 2019 respectively?
answer: $0.1 million
$0.1 million
question: What are the aggregate intrinsic value of stock options exercisable at September 2018 and 2019 respectively?
answer: $0.3 million
$0.2 million
question: What is the respective total intrinsic value of stock options exercised in 2018 and 2019?
answer: $0.1 million
$0.1 million
question: What is the percentage change in the company's shares outstanding at September 2018 and 2019?
answer: 7.84
derivation: (36,450 - 33,800)/33,800 
scale: percent
question: What is the percentage of shares granted as a percentage of the number of outstanding shares at 2018?
answer: 16.12
derivation: 5,450/33,800 
scale: percent
question: What is the difference in the total number of shares outstanding between 2018 and 2019?
answer: 2650
derivation: 36,450-33,800
Name and address of Beneficial Owner
Amount of Beneficial Ownership
Percent of Beneficial Ownership
Garo H. Armen (1)
4,741,323 (2)
36%
Robert B. Stein (1)
502,500 (3)
4%
Khalil Barrage (1)
380,000 (4)
3%
Alexander K. Arrow (1)
671,799 (5)
6%
Larry N. Feinberg 808 North St., Greenwich, CT 06831
800,000 (6)
7%
Brian J. Corvese (1)
145,000 (7)
1%
David A. Lovejoy
668,037 (8)
6%
Josh Silverman (1)
140,000 (9)
1%
Strategic Bio Partners LLC (10) 777 Third Avenue 30th Floor New York, NY 10017
1,895,945 (11)
17%
All directors and executive officers as a group (6 persons)
6,580,622 (12)
44%

text: Security Ownership of Certain Beneficial Owners and Management
text: The following table summarizes the beneficial owners of more than 5% of the Company’s voting securities and the securities of the Company beneficially owned by the Company’s directors and officers as of April 27, 2020.

Questions:
question: What is the amount and percent of beneficial ownership owned by Garo H. Armen? 
answer: 4,741,323
36%
question: What is the amount and percent of beneficial ownership owned by Robert B. Stein?
answer: 502,500
4%
question: What is the amount and percent of beneficial ownership owned by Khalil Barrage?
answer: 380,000
3%
question: Who owns the largest percent of beneficial ownership?
answer: Garo H. Armen
derivation: Obtained from the table
question: Who owns the smallest percent of beneficial ownership?
answer: Josh Silverman
derivation: Obtained from the table
question: What is the proportion of Josh Silverman's beneficial ownership as a percentage of Larry N. Feinberg's beneficial ownership?
answer: 17.5
derivation: 140,000/800,000 
scale: percent
2019
2018
2018-2019 Change
(in millions)
Interest income
$(24.8)
$(26.7)
$1.9
Interest expense
23.1
31.3
(8.2)
Other (income) expense, net
29.5
1.4
28.1

text: Interest and Other
text: Interest income decreased by $1.9 million from 2018 to 2019 due primarily to lower cash and marketable securities balances in 2019. Interest expense decreased by $8.2 million from 2018 to 2019 due primarily to unrealized losses on equity marketable securities recognized in 2018. Other (income) expense, net increased by $28.1 million from 2018 to 2019 due primarily to a $15.0 million charge for the impairment of the investment in RealWear and an $11.5 million change in pension actuarial (gains) losses from a $3.3 million gain in 2018 to an $8.2 million loss in 2019.

Questions:
question: What was the change in interest income in 2019?
answer: decreased by $1.9 million
question: What was the change in interest expense in 2019?
answer: decreased by $8.2 million
question: What are the components analyzed under Interest and Other in the table?
answer: Interest income
Interest expense
Other (income) expense, net
question: In which year was interest expense larger?
answer: 2018
derivation: 31.3>23.1
question: What was the percentage change in Interest expense in 2019 from 2018?
answer: -26.2
derivation: (23.1-31.3)/31.3
scale: percent
question: What was the percentage change in Other (income) expense, net in 2019 from 2018?
answer: 2007.14
derivation: (29.5-1.4)/1.4
scale: percent
As of December 31,
2019
2018
Accounts receivable, gross
$78,269
$79,902
Less: Allowance for doubtful accounts
(261)
(384)
Accounts receivable, net
$78,008
$79,518

text: NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
text: NOTE 3 — Accounts Receivable
text: The components of accounts receivable are as follows:

Questions:
question: Which years does the table provide information for the components of the accounts receivables for the company?
answer: 2019
2018
question: What was the amount of gross accounts receivables in 2019?
answer: 78,269
scale: thousand
question: What was the amount of net accounts receivables in 2018?
answer: 79,518
scale: thousand
question: What was the change in gross accounts receivables between 2018 and 2019?
answer: -1633
derivation: 78,269-79,902
scale: thousand
question: How many years did net accounts receivables exceed $75,000 thousand?
answer: 2
derivation: 2019##2018
question: What was the percentage change in net accounts receivables between 2018 and 2019?
answer: -1.9
derivation: (78,008-79,518)/79,518
scale: percent
2019
2018
NOTE
NUMBER OF OPTIONS
WEIGHTED AVERAGE EXERCISE PRICE ($)
NUMBER OF OPTIONS
WEIGHTED AVERAGE EXERCISE PRICE ($)
Outstanding, January 1
14,072,332
56
10,490,249
55
Granted
3,357,303
58
3,888,693
56
Exercised (1)
27
(4,459,559)
54
(266,941)
42
Forfeited
(144,535)
58
(39,669)
58
Outstanding, December 31
12,825,541
57
14,072,332
56
Exercisable, December 31
2,786,043
56
4,399,588
52

text: STOCK OPTIONS
text: Under BCE’s long-term incentive plans, BCE may grant options to executives to buy BCE common shares. The subscription price of a grant is based on the higher of: • the volume-weighted average of the trading price on the trading day immediately prior to the effective date of the grant • the volume-weighted average of the trading price for the last five consecutive trading days ending on the trading day immediately prior to the effective date of the grant
text: At December 31, 2019, 7,524,891 common shares were authorized for issuance under these plans. Options vest fully after three years of continuous employment from the date of grant. All options become exercisable when they vest and can be exercised for a period of seven years from the date of grant for options granted prior to 2019 and ten years from the date of grant for options granted in 2019.
text: The following table summarizes BCE’s outstanding stock options at December 31, 2019 and 2018.
text: (1) The weighted average market share price for options exercised was $62 in 2019 and $55 in 2018.

Questions:
question: Who can BCE grant options to under BCE's long-term incentive plans?
answer: executives to buy BCE common shares
question: How many common shares were authorized for issuance in 2019?
answer: 7,524,891
question: Which years have the weighted average market share price for options exercised provided?
answer: 2019
2018
question: Which year is the weighted average market share price for options exercised higher?
answer: 2019
derivation: $62>$55
question: What is the change in granted options in 2019?
answer: -531390
derivation: 3,357,303-3,888,693
question: What is the percentage change in the exercisable number of options in December 31, 2019?
answer: -36.67
derivation: (2,786,043-4,399,588)/4,399,588
scale: percent
Long-lived Assets 
June 30,
2019
June 30,
2018
Americas 
$136,035
$178,251
EMEA  
28,744
15,106
APAC  
11,529
9,896
Total long-lived assets
$176,308
$203,253

text: 12. Information about Segments of Geographic Areas
text: The Company operates in one segment, the development and marketing of network infrastructure equipment. Revenue is attributed to a geographical area based on the location of the customers. The Company operates in three geographic theaters: Americas, which includes the United States, Canada, Mexico, Central America and South America; EMEA, which includes Europe, Russia, Middle East and Africa; and APAC which includes Asia Pacific, China, South Asia and Japan. The Company’s chief operating decision maker (“CODM”), who is its CEO, reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance.
text: See Note 3. Revenues for the Company’s revenues by geographic regions and channel based on the customers’ ship-to location.
text: The Company’s long-lived assets are attributed to the geographic regions as follows (in thousands):

Questions:
question: What does the region of Americas include?
answer: United States
Canada
Mexico
Central America
South America
question: Which years does the table provide information for the company's long-lived assets are attributed to the geographic regions?
answer: 2019
2018
question: What was the amount of Total long-lived assets in 2019?
answer: 176,308
scale: thousand
question: How many years did long-lived assets from Americas exceed $150,000 thousand?
answer: 1
derivation: 2018
question: What was the change in the long-lived assets from APAC between 2018 and 2019?
answer: 1633
derivation: 11,529-9,896
scale: thousand
question: What was the percentage change in total long-lived assets between 2018 and 2019?
answer: -13.26
derivation: (176,308-203,253)/203,253
scale: percent
Year Ended December 31,
2019
2018
2017(1)
Connected home
$152,674
$207,336
$288,610
% of net revenue
48%
54%
69%
Infrastructure
85,369
82,388
71,779
% of net revenue
27%
21%
17%
Industrial and multi-market
79,137
95,273
59,929
% of net revenue
25%
25%
14%
Total net revenue
$317,180
$384,997
$420,318

text: Revenue by Market The table below presents disaggregated net revenues by market (in thousands):
text: (1) Due to the adoption of ASC 606 on January 1, 2018 using the modified retrospective method, amounts prior to 2018 have not been adjusted to reflect the change to recognize certain distributor sales upon sale to the distributor, or the sell-in method, from recognition upon the Company's sale to the distributors' end customers, or the sellthrough method, which required the deferral of revenue and profit on such distributor sales.
text: Revenues from sales to the Company’s distributors accounted for 52%, 42% and 34% of net revenue for the years ended December 31, 2019, 2018 and 2017, respectively.

Questions:
question: After using the modified retrospective method, amounts prior to which year have not been adjusted?
answer: 2018
question: What was the revenue from sales to the Company's distributors from 2019, 2018 and 2017 respectively?
answer: 52%
42%
34%
question: What was the Connected home revenue in 2019?
answer: $152,674
scale: thousand
question: What was the change in Connected home from 2018 to 2019?
answer: -54662
derivation: 152,674 - 207,336
scale: thousand
question: What was the average Infrastructure between 2017-2019?
answer: 79845.33
derivation: (85,369 + 82,388 + 71,779) / 3
scale: thousand
question: In which year was Total net revenue less than 400,000 thousands?
answer: 2019
2018
derivation: locate and analyze Total net revenue in row 9
Year Ended June 30,
2019
2018
2017
Revenues:
Canada
$153,890
$149,812
$227,115
United States
1,490,863
1,425,244
1,090,049
United Kingdom
182,815
201,821
159,817
Germany
203,403
198,253
166,611
Rest of Europe
534,204
517,693
394,132
All other countries
303,580
322,418
253,333
Total revenues
$2,868,755
$2,815,241
$2,291,057

text: NOTE 19—SEGMENT INFORMATION
text: ASC Topic 280, “Segment Reporting” (Topic 280), establishes standards for reporting, by public business enterprises, information about operating segments, products and services, geographic areas, and major customers. The method of determining what information, under Topic 280, to report is based on the way that an entity organizes operating segments for making operational decisions and how the entity’s management and chief operating decision maker (CODM) assess an entity’s financial performance. Our operations are analyzed by management and our CODM as being part of a single industry segment: the design, development, marketing and sales of Enterprise Information Management software and solutions.
text: The following table sets forth the distribution of revenues, by significant geographic area, for the periods indicated:

Questions:
question: What does the table show?
answer: distribution of revenues, by significant geographic area, for the periods indicated
question: What is the full form of CODM?
answer: chief operating decision maker
question: What are the Fiscal years included in the table?
answer: 2019
2018
2017
question: What is the average annual Total revenue?
answer: 2658351
derivation: (2,868,755+2,815,241+2,291,057)/3
question: What is the difference between total revenue for fiscal year 2019 and 2018?
answer: 53514
derivation: 2,868,755-2,815,241
question: What is the increase in revenue for Canada from Fiscal year 2018 to 2019?
answer: 4078
derivation: 153,890-149,812
December 31
2019
2018
Net operating loss carryforwards
$7,672
$4,541
Stock options and warrants
420
214
Property
138
299
Intangible assets
66
94
Capitalized expenses
54
86
Other
210
164
Operating right-of-use lease assets
(667)
Operating right-of-use lease liabilities
794
Net deferred tax assets
8,687
5,398
Less: Valuation allowance
(8,687)
(5,398)
Deferred tax asset (liability)
$             -
$             -

text: NOTE 13. INCOME TAXES
text: We calculate our provision for federal and state income taxes based on current tax law. U.S. federal tax reform (Tax Act) was enacted on December 22, 2017, and has several key provisions impacting the accounting for and reporting of income taxes. The most significant provision reduced the U.S. corporate statutory tax rate from 35% to 21% beginning on January 1, 2018. We remeasured the applicable deferred tax assets and liabilities based on the rates at which they are expected to reverse. As a result, the gross deferred tax assets and liabilities were adjusted which resulted in an expense for income taxes of $7.1 million which was fully offset by a corresponding change to our valuation allowance in 2017. The Tax Act contains several base broadening provisions that became effective on January 1, 2018, that did not have a material impact on 2018 and 2019 earnings.
text: Deferred tax asset (liability) is comprised of the following (in thousands):
text: We have determined it is more likely than not that our deferred tax assets will not be realized. Accordingly, we have provided a valuation allowance for deferred tax assets.

Questions:
question: What are the respective net operating loss carryforwards in 2018 and 2019?
answer: $4,541
$7,672
scale: thousand
question: What are the respective values of stock options and warrants in 2018 and 2019?
answer: 214
420
scale: thousand
question: What are the respective property values in 2018 and 2019?
answer: 299
138
scale: thousand
question: What is the average net operating loss carryforward in 2018 and 2019?
answer: 6106.5
derivation: (7,672 + 4,541)/2 
scale: thousand
question: What is the percentage change in net operating loss carryforward in 2018 and 2019?
answer: 68.95
derivation: (7,672 - 4,541)/4,541 
scale: percent
question: What is the percentage change in the stock options and warrants between 2018 and 2019?
answer: 96.26
derivation: (420 - 214)/214 
scale: percent