next-tat/TAT-QA huggingface dataset:
Fiscal Year Ended August 31,
2019
2018
2017
Current:
Domestic–federal
$(23,675)
$69,080
$2,436
Domestic–state
1,383
134
12
Foreign
175,993
178,790
188,872
Total current
153,701
248,004
191,320
Deferred:
Domestic–federal
(8,000)
(24,342)
253
Domestic–state
(2,202)
93
30
Foreign
17,731
62,105
(62,537)
Total deferred
7,529
37,856
(62,254)
Total income tax expense
$161,230
$285,860
$129,066

text: 4. Income Taxes
text: Provision for Income Taxes
text: Income tax expense (benefit) is summarized below (in thousands):

Questions:
question: What was the current domestic-federal income tax expense (benefit) in 2017?
answer: $2,436
scale: thousand
question: What was the current domestic-state income tax expense (benefit) in 2019?
answer: 1,383
scale: thousand
question: What years does the table provide information for the company's income tax expense (benefit) for?
answer: 2019
2018
2017
question: What is the change in the company's domestic-state income tax expense (benefit) between 2018 and 2019?
answer: 1249
derivation: 1,383-134
scale: thousand
question: What was the change in the company's total current income tax expense (benefit) between 2017 and 2018?
answer: 56684
derivation: 248,004-191,320
scale: thousand
question: What was the percentage change in the total income tax expense between 2018 and 2019?
answer: -43.6
derivation: ($161,230-$285,860)/$285,860
scale: percent
2019
2018
Weighted average share price (pence)
163.1
112.9
Weighted average exercise price (pence)
0.0
0.0
Weighted average fair value (pence)
141.1
95.1
Expected volatility (%)
31.6–32.8
30.6
Option life (years):
– Performance Shares
3.0
3.0
– Options and SARs
10.0
10.0
Risk free rate (%)
0.48-0.72
0.88
Dividend yield (%)
2.5–3.0
3.0

text: 34. Share-based payment continued
text: 3.8 million share incentives were granted during 2019 (2018 2.7 million). The fair value of share incentives has been estimated as at the date of grant using the Black-Scholes binomial model. The following table gives the assumptions made in arriving at the share-based payment charge and the fair value:
text: The expected volatility was determined by calculating the historical volatility of the Company’s share price over the previous two years which management considers to be the period which is likely to be most representative of future volatility. The risk free rate is calculated by reference to UK government bonds.

Questions:
question: How is the fair value of share incentives estimated?
answer: at the date of grant using the Black-Scholes binomial model
question: How was the expected volatility determined?
answer: by calculating the historical volatility of the Company’s share price over the previous two years which management considers to be the period which is likely to be most representative of future volatility.
question: What are the different option life (years) provided in the table with the assumptions in arriving at the share-based payment charge and the fair value?
answer: Performance Shares
Options and SARs
question: In which year was the Weighted average fair value (pence) larger?
answer: 2019
derivation: 141.1>95.1
question: What was the change in the Weighted average share price (pence)?
answer: 50.2
derivation: 163.1-112.9
question: What was the percentage change in the Weighted average share price (pence)?
answer: 44.46
derivation: (163.1-112.9)/112.9
scale: percent
Years Ended December 31,
2019
2018
(in thousands)
Beginning balance
$238,330
$237,992
Adjustments
—
338
Ending balance
$238,330
$238,330

text: Goodwill
text: Goodwill arises from the acquisition method of accounting for business combinations and represents the excess of the purchase price over the fair value of the net assets and other identifiable intangible assets acquired. The fair values of net tangible assets and intangible assets acquired are based upon preliminary valuations and the Company's estimates and assumptions are subject to change within the measurement period (potentially up to one year from the acquisition date).
text: The following table presents the changes in the carrying amount of goodwill for the periods indicated:
text: The Company performs an annual goodwill impairment assessment on October 31st each year, using a two-step quantitative assessment. Step one is the identification of potential impairment. This involves comparing the fair value of each reporting unit, which the Company has determined to be the entity itself, with its carrying amount, including goodwill.
text: If the fair value of a reporting unit exceeds the carrying amount, the goodwill of the reporting unit is considered not impaired and the second step of the impairment test is unnecessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the impairment test is performed to measure the amount of impairment loss, if any.
text: The Company determined there were no indications of impairment associated with goodwill. As a result,n o goodwill impairment was recognized as of October 31, 2019. In addition to its annual review, the Company performs a test of impairment when indicators of impairment are present. As of December 31, 2019, there were no indications of impairment of the Company’s goodwill balances.

Questions:
question: How does Goodwill arise from?
answer: the acquisition method of accounting for business combinations and represents the excess of the purchase price over the fair value of the net assets and other identifiable intangible assets acquired.
question: When does the company perform an annual goodwill impairment assessment?
answer: October 31st
question: What were the adjustments in 2018?
answer: 338
scale: thousand
question: What was the change in the Beginning balance from 2018 to 2019?
answer: 338
derivation: 238,330 - 237,992
scale: thousand
question: What is the average adjustments for 2018 and 2019?
answer: 169
derivation: (0 + 338) / 2
scale: thousand
question: In which year was the ending balance less than 240,000 thousands?
answer: 2019
2018
derivation: locate and analyze ending balance in row 6
2019
2018
2017
Weighted-average shares outstanding — basic
25,823
28,499
30,630
Effect of potentially dilutive securities:
Nonvested stock awards and units
211
240
182
Stock options
10
40
59
Performance share awards
24
28
43
Weighted-average shares outstanding — diluted
26,068
28,807
30,914
Excluded from diluted weighted-average shares outstanding:
Antidilutive
186
150
76
Performance conditions not satisfied at the end of the period
65
44
53

text: 15. AVERAGE SHARES OUTSTANDING
text: Our basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Our diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive common shares include nonvested stock awards and units, stock options, and non-management director stock equivalents. Performance share awards are included in the average diluted shares outstanding each period if the performance criteria have been met at the end of the respective periods.
text: The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding in each fiscal year (in thousands):

Questions:
question: How is the basic earnings per share calculation computed?
answer: Based on the weighted-average number of common shares outstanding
question: What is the value of dilute weighted-average shares outstanding in 2019? 
answer: 26,068
scale: thousand
question: When are performance share awards included in the average diluted shares outstanding each period?
answer: If the performance criteria have been met at the end of the respective periods
question: What is the average number of basic weighted-average shares outstanding from 2017-2019?
answer: 28317.33
derivation: (25,823+28,499+30,630)/3
scale: thousand
question: What is the difference in nonvested stock awards and units between 2018 and 2019?
answer: 29
derivation: 240-211
scale: thousand
question: What is the percentage constitution of performance share awards among the total diluted weighted-average shares outstanding in 2018?
answer: 0.1
derivation: 28/28,807
scale: percent
Geographic Region
Number of Manufacturing Facilities
Food Care Manufacturing Facilities
Product Care Manufacturing Facilities
North America
44
10
37
Europe, Middle East and Africa ("EMEA")
29
11
24
South America
6
6
1
Asia, Australia and New Zealand ("APAC")
28
9
24
Total
107
36
86

text: We manufacture products in 107 facilities, with 15 of those facilities serving both of our business segments. The following table shows our manufacturing facilities by geographic region and our business segment reporting structure:
text: Other Property Information
text: We own the large majority of our manufacturing facilities. Some of these facilities are subject to secured or other financing arrangements. We lease the balance of our manufacturing facilities, which are generally smaller sites. Our manufacturing facilities are usually located in general purpose buildings that house our specialized machinery for the manufacture of one or more products. Because of the relatively low density of our air cellular, polyethylene foam and protective mailer products, we realize significant freight savings by locating our manufacturing facilities for these products near our customers and distributors.
text: We also occupy facilities containing sales, distribution, technical, warehouse or administrative functions at a number of
locations in the U.S. and in many foreign countries/regions. Some of these facilities are located on the manufacturing sites that we own and some of these are leased. Stand-alone facilities of these types are generally leased. Our global headquarters is located in an owned property in Charlotte, North Carolina. For a list of those countries and regions outside of the U.S. where we have operations, see "Global Operations" above.
text: We believe that our manufacturing, warehouse, office and other facilities are well maintained, suitable for their purposes and adequate for our needs.

Questions:
question: How many facilities serve both business segments?
answer: 15
question: Where are the manufacturing facilities usually located?
answer: General purpose buildings
question: Where is the Global headquarters located?
answer: Charlotte, North Carolina
question: How many manufacturing facilities in North America are both Food Care and Product Care?
answer: 3
derivation: (10+37)-44
question: What is the percentage of manufacturing facilities that are in South America?
answer: 5.61
derivation: (6/107)
scale: percent
question: How many manufacturing facilities serve only Product Care in total? 
answer: 71
derivation: 107-36
Year Ended
January 3, 2020
December 28, 2018
December 29, 2017
(in millions)
Basic weighted average number of shares outstanding
143
151
152
Dilutive common share equivalents—stock options and other stock awards
2
2
2
Diluted weighted average number of shares outstanding
145
153
154

text: Note 19—Earnings Per Share ("EPS")
text: Basic EPS is computed by dividing net income attributable to Leidos common stockholders by the basic weighted average number of shares outstanding. Diluted EPS is calculated to give effect to all potentially dilutive common shares that were outstanding during the reporting period. The dilutive effect of outstanding equity-based compensation awards is reflected in diluted EPS by application of the treasury stock method, only in periods in which such effect would have been dilutive for the period.
text: The Company issues unvested stock awards that have forfeitable rights to dividends or dividend equivalents. These stock awards are dilutive common share equivalents subject to the treasury stock method.
text: The weighted average number of shares used to compute basic and diluted EPS attributable to Leidos stockholders were:
text: Anti-dilutive stock-based awards are excluded from the weighted average number of shares outstanding used to compute diluted EPS. For fiscal 2019 and 2017, there were no significant anti-diluted equity awards. For fiscal 2018, there was 1 million of outstanding stock options and vesting stock awards that were anti-dilutive.

Questions:
question: How is the Basic EPS calculated?
answer: by dividing net income attributable to Leidos common stockholders by the basic weighted average number of shares outstanding
question: What was the outstanding stock options and vested stock awards in 2018?
answer: 1 million
question: What was the Basic weighted average number of shares outstanding in 2020, 2018 and 2017 respectively?
answer: 143
151
152
scale: million
question: In which year was Diluted weighted average number of shares outstanding less than 150 million?
answer: 2020
derivation: locate and analyze Diluted weighted average number of shares outstanding in row 6
question: What was the change in the Basic weighted average number of shares outstanding from 2017 to 2018?
answer: -1
derivation: 151 - 152
scale: million
question: What was the change in the Diluted weighted average number of shares outstanding from 2017 to 2018?
answer: -1
derivation: 153 - 154
scale: million
Twelve Months Ended December 31,
2019
2018
2017
2016
2015
(Dollars in thousands)
Gross Profit
$114,197
$89,990
$72,416
$60,371
$54,649
Depreciation expense (a)
6,370
6,089
5,791
4,028
2,566
Plant start-up expense (b)
—
—
—
1,628
—
Non-cash share-based compensation (c)
922
859
243
221
201
Adjusted Gross Profit
$121,489
$96,938
$78,450
$66,248
$57,416
Adjusted Gross Profit as a % of Net Sales
49.4%
50.2%
51.5%
51.1%
50.6%

text: The following table provides a reconciliation of Adjusted Gross Profit to Gross Profit, the most directly comparable financial measure presented in accordance with U.S. GAAP:
text: (a) Represents depreciation and amortization expense included in cost of goods sold
text: (b) Represents additional operating costs incurred in connection with the start-up of our new manufacturing lines as part of the Freshpet Kitchens expansion project in 2016 that included adding two additional product lines.
text: (c) Represents non-cash share-based compensation expense included in cost of goods sold.

Questions:
question: What are the 3 expenses shown in the table?
answer: Depreciation expense
Plant start-up expense
Non-cash share-based compensation expense
question: What is the gross profit for each financial year end shown in the table (in chronological order)?
answer: $54,649
$60,371
$72,416
$89,990
$114,197
scale: thousand
question: What is the adjusted gross profit for each financial year end shown in the table (in chronological order)?
answer: $57,416
$66,248
$78,450
$96,938
$121,489
scale: thousand
question: What is the percentage change in depreciation expense from 2018 to 2019?
answer: 4.61
derivation: (6,370-6,089)/6,089
scale: percent
question: What is the percentage change in non-cash share-based compensation expense from 2018 to 2019?
answer: 7.33
derivation: (922-859)/859
scale: percent
question: What is the percentage change in adjusted gross profit from 2018 to 2019?
answer: 25.33
derivation: (121,489-96,938)/96,938
scale: percent
April 30, 2019
Cost
Gross Unrealized Gains
Gross Unrealized Losses
Fair Market Value
Fixed income securities
$8,152
$71
$(24)
$8,199
April 30, 2018
Cost
Gross Unrealized Gains
Gross Unrealized Losses
Fair Market Value
Fixed income securities
$6,274
$10
$(135)
$6,149

text: 8. Marketable Securities
text: The cost, gross unrealized gains, gross unrealized losses and fair market value of available-for-sale securities at April 30, 2019 and 2018, respectively, were as follows (in thousands):

Questions:
question: What is the cost of the fixed income securities in 2019 and 2018 respectively?
answer: $8,152
$6,274
scale: thousand
question: What is the gross unrealized gains of the fixed income securities in 2019 and 2018 respectively?
answer: $71
$10
scale: thousand
question: What does the table show?
answer: The cost, gross unrealized gains, gross unrealized losses and fair market value of available-for-sale securities at April 30, 2019 and 2018, respectively
question: What is the difference in cost of the fixed income securities between 2018 and 2019?
answer: 1878
derivation: 8,152-6,274
scale: thousand
question: What is the percentage change in the fair market value between 2018 and 2019?
answer: 33.34
derivation: (8,199-6,149)/6,149
scale: percent
question: What is the average fair market value for 2018 and 2019?
answer: 7174
derivation: (8,199+6,149)/2
scale: thousand
Fiscal Year Ended June 30,
2019
2018
2017
Net cash provided by operating activities
$466,342
$311,456
$199,381
Less: Capital expenditures
(44,192)
(30,209)
(15,129)
Free cash flow
$422,150
$281,247
$184,252

text: Free Cash Flow
text: Free cash flow is a non-IFRS financial measure that we calculate as net cash provided by operating activities less net cash used in investing activities for capital expenditures.
text: Free cash flow increased by $140.9 million during the fiscal year ended June 30, 2019 due to a $154.9 million increase of net cash provided by operating activities, offset by a $14.0 million increase of capital expenditures as we continue to invest in our facilities.
text: For more information about net cash provided by operating activities, please see “Liquidity and Capital Resources”.

Questions:
question: How is free cash flow calculated?
answer: Net cash provided by operating activities less net cash used in investing activities for capital expenditures.
question: What was the increase in free cash flow between fiscal year 2018 and 2019?
answer: $140.9 million
question: What is the amount of free cash flow in 2019?
answer: $422,150
scale: thousand
question: What is the average net cash provided by operating activities from 2017-2019?
answer: 325726.33
derivation: (466,342+311,456+199,381)/3
scale: thousand
question: What is the percentage change in free cash flow between 2017 and 2018?
answer: 52.64
derivation: (281,247-184,252)/184,252
scale: percent
question: What is the change in capital expenditures between 2018 and 2019?
answer: -13983
derivation: -44,192-(-30,209)
scale: thousand
August 31,
2019
2018
Land and improvements
$146,719
$144,136
Buildings
962,559
849,975
Leasehold improvements
1,092,787
1,013,428
Machinery and equipment
4,262,015
3,983,025
Furniture, fixtures and office equipment
209,257
192,243
Computer hardware and software
671,252
601,955
Transportation equipment
16,423
17,215
Construction in progress
83,234
42,984
7,444,246
6,844,961
Less accumulated depreciation and amortization
4,110,496
3,646,945
$3,333,750
$3,198,016

text: 5. Property, Plant and Equipment
text: Property, plant and equipment consists of the following (in thousands):

Questions:
question: What were the land and improvements in 2019?
answer: $146,719
scale: thousand
question: What was the value of buildings in 2018?
answer: 849,975
scale: thousand
question: Which years does the table provide information for Property, plant and equipment?
answer: 2019
2018
question: In 2019, how many property, plant and equipment exceeded $1,000,000 thousand?
answer: 2
derivation: Machinery and equipment##Leasehold improvements
question: What was the change in the amount of land and improvements between 2018 and 2019?
answer: 2583
derivation: $146,719-$144,136
scale: thousand
question: What was the percentage change in total property, plant and equipment between 2018 and 2019?
answer: 4.24
derivation: ($3,333,750-$3,198,016)/$3,198,016
scale: percent
Years Ended December 31,
2019
2018
2017
(Dollars in millions)
Transaction-related expenses
$—
2
174
Integration and transformation-related expenses
234
391
97
Total acquisition-related expenses
$234
393
271

text: Acquisition-Related Expenses
text: We have incurred acquisition-related expenses related to our acquisition of Level 3. The table below summarizes our acquisition-related expenses, which consist of integration and transformation-related expenses, including severance and retention compensation expenses, and transaction-related expenses:
text: At December 31, 2019, we had incurred cumulative acquisition-related expenses of $950 million for Level 3. The total amounts of these expenses are included in our selling, general and administrative expenses.
text: Level 3 incurred transaction-related expenses of $47 million on the date of acquisition. This amount is not included in our results of operations.

Questions:
question: What was the amount of cumulative acquisition-related expenses incurred for Level 3 in 2019?
answer: $950 million
question: What was the amount of transaction-related expenses incurred for Level 3 on the date of acquisition?
answer: $47 million
question: What expenses are included under the acquisition-related expenses?
answer: integration and transformation-related expenses
severance and retention compensation expenses
transaction-related expenses
question: Which year incurred the lowest amount of total acquisition-related expenses?
answer: 2019
derivation: 234<271<393
question: What is the change in the total acquisition-related expense in 2019 from 2018?
answer: -159
derivation: 234-393
scale: million
question: What is the percentage change in the total acquisition-related expense in 2019 from 2018?
answer: -40.46
derivation: (234-393)/393
scale: percent
€ million
30/9/2018
30/9/2019
Non-current assets
Intangible assets
1,001
939
Tangible assets
2
3
Financial assets
9.157
9,005
10.160
9,947
Current assets
Receivables and other assets
6,882
8,218
Cash on hand, bank deposits and cheques
335
44
7,217
8,262
Deferred income
12
12
17,389
18,221

text: Asset position of METRO AG
text: ASSETS
text: As of the closing date, METRO had total assets of €18,221 million, which are predominantly comprised of financial assets in the amount of €9,005 million, receivables from affiliated companies at €8,214 million and the usufructuary rights to the METRO and MAKRO brands which were recognised as an intangible asset (€883 million). Cash on hand, bank deposits and cheques amounted to €44 million. The financial assets predominantly consist of shares held in affiliated companies in the amount of €8,964 million which are essentially comprised of shares in the holding for wholesale companies (€6,693 million), in real estate companies (€1,278 million), in service providers (€470 million) and in other companies (€523 million). The financial assets account for 49.4% of the total assets. Receivables from affiliated companies amount to €8,214 million. This corresponds to 45.1% of the total assets. This position contains €6,117 million in receivables from a group-internal transfer of shares in affiliated companies at their carrying values and predominantly reflects the short-term financing requirements of the group companies as of the closing date.

Questions:
question: What was METRO's total assets in FY2019?
answer: €18,221 million
question: What was the amount of financial assets in FY2019?
answer: €9,005 million
question: What are the types of assets under Non-current assets in the table?
answer: Intangible assets
Tangible assets
Financial assets
question: In which year was the amount of total assets larger?
answer: 2019
derivation: 18,221>17,389
question: What was the change in total assets in FY2019 from FY2018?
answer: 832
derivation: 18,221-17,389
scale: million
question: What was the percentage change in total assets in FY2019 from FY2018?
answer: 4.78
derivation: (18,221-17,389)/17,389
scale: percent