Source document: xperi-corporation_2019

Question: Who is the Chief Financial Officer?
Facts: Robert Andersen
Answer: Robert Andersen

Question: When did Paul Davis join Xperi Corporation?
Facts: August 2011
Answer: August 2011

Question: What degrees does Geir Skaaden hold?
Facts: a B.A. in Finance from the University of Oregon, a Business degree from the Norwegian School of Management and an M.B.A. from the University of Washington
Answer: a B.A. in Finance from the University of Oregon, a Business degree from the Norwegian School of Management and an M.B.A. from the University of Washington

Question: What is the average age of the executive officers of Xperi Corporation?
Facts: 44; 52; 53; 56; 58
Derivation: (52+56+44+58+53)/5 
Answer: 52.6

Question: What is the percentage of years that Geir Skaaden served as the Chief Executive Officer of Neural Audio Corporation throughout his life?
Facts: 2004; 2008; 53
Derivation: (2008-2004)/53 
Answer: 7.55 percent

Question: Who is the oldest among all executive officers of Xperi Corporation?
Facts: Murali Dharan
Derivation: 58 is the highest
Answer: Murali Dharan

Question: What is included in stock-based compensation awards?
Facts: employee stock options, restricted stock awards and units, and employee stock purchases
Answer: employee stock options, restricted stock awards and units, and employee stock purchases

Question: What were the stock-based compensation expenses for the year ended December 31, 2018, and 2019, respectively?
Facts: $31.0 million; $31.6 million
Answer: $31.0 million; $31.6 million

Question: What caused the increment in stock-based compensation expense in 2019 compared to 2018?
Facts: a higher volume of restricted stock unit grants
Answer: a higher volume of restricted stock unit grants

Question: What is the overall proportion of employee stock options and employee stock purchases over total stock-based compensation expense in 2019?
Facts: 0.2; 2.3; 31.6
Derivation: (0.2+2.3)/31.6 
Answer: 0.08

Question: What is the percentage change in total stock-based compensation expense in 2018 compared to 2017?
Facts: 31,011; 33,462
Derivation: (31,011-33,462)/33,462 
Answer: -7.32 percent

Question: What is the total stock-based compensation expense related to research, development, and other related costs from 2017 to 2019?
Facts: 13,168; 13,277; 14,643
Derivation: 14,643+13,168+13,277 
Answer: 41088 thousand

Question: Who are the members of the board of directors?
Facts: Christopher A. Seams; Darcy Antonellis; David C. Habiger; George A. Riedel; Jon E. Kirchner; Richard S. Hill; V. Sue Molina
Answer: Darcy Antonellis; David C. Habiger; Richard S. Hill; Jon E. Kirchner; V. Sue Molina; George A. Riedel; Christopher A. Seams

Question: Who is the Chairman of the Board?
Facts: Richard S. Hill
Answer: Richard S. Hill

Question: What is the average age of the board members?
Facts: 51; 52; 57; 62; 68; 71
Derivation: (57+51+68+52+71+62+57)/7 
Answer: 59.71

Question: Who is the oldest among all board members?
Facts: V. Sue Molina
Derivation: 71 is the highest
Answer: V. Sue Molina

Question: What is the proportion of years that David C. Habiger worked in Sonic Solutions throughout his whole life?
Facts: 1992; 2011; 51
Derivation: (2011-1992)/51 
Answer: 0.37

Question: Since when did Darcy Antonellis serve as a member of the Board of Directors?
Facts: December 2018
Answer: December 2018

Question: Why was Product Licensing revenue decreased in 2019 compared to 2018?
Facts: the timing and duration of minimum guarantee contracts up for renewal and executed, decreased NRE services revenue, as well as a decrease in per-unit royalty revenue
Answer: the timing and duration of minimum guarantee contracts up for renewal and executed, decreased NRE services revenue, as well as a decrease in per-unit royalty revenue

Question: What was the total operating income/loss from 2017 to 2019, respectively?
Facts: $(4,822); $16,320; $38,981
Answer: $(4,822); $38,981; $16,320 thousand

Question: What were the litigation costs in 2017 and 2019, respectively?
Facts: 1,656; 288
Answer: 288; 1,656 thousand

Question: What is the overall proportion of litigation and amortization expense over the total operating expense in 2019?
Facts: 1,656; 181,804; 88,075
Derivation: (1,656+88,075)/181,804 
Answer: 0.49

Question: What is the percentage change in total revenue in 2019 compared to 2018?
Facts: 198,124; 219,708
Derivation: (198,124-219,708)/219,708 
Answer: -9.82 percent

Question: What is the average total operating expense from 2017 to 2019?
Facts: 172,745; 180,727; 181,804
Derivation: (172,745+180,727+181,804)/3 
Answer: 178425.33 thousand

Question: What does the table show us?
Facts: the number of shares acquired on exercise of option awards and vesting of stock awards in 2019 and the value realized upon vesting by such officers
Answer: the number of shares acquired on exercise of option awards and vesting of stock awards in 2019 and the value realized upon vesting by such officers

Question: How many shares did Jon Kirchner acquire in 2019 through exercise and vesting, respectively?
Facts: 0; 153,090
Answer: 0; 153,090

Question: Which officers are shown in the table?
Facts: Geir Skaaden; Jon Kirchner; Murali Dharan; Paul Davis; Robert Andersen
Answer: Jon Kirchner; Robert Andersen; Paul Davis; Murali Dharan; Geir Skaaden

Question: What is the average number of shares that the officers acquired on vesting?
Facts: 15,000; 153,090; 20,500; 21,100; 24,500
Derivation: (153,090+24,500+20,500+15,000+21,100)/5 
Answer: 46838

Question: What is the average value per share that Robert Andersen acquired on vesting?
Facts: 24,500; 578,806
Derivation: 578,806/24,500 
Answer: 23.62

Question: Who acquired the highest amount of shares on vesting?
Facts: Jon Kirchner
Derivation: 153,090 is the highest
Answer: Jon Kirchner

Question: What is the estimated per share fair value of the granted stock options before estimated forfeitures in 2017?
Facts: $4.62
Answer: $4.62

Question: What is the total fair value of restricted stock awards and units in 2018 and 2017, respectively? 
Facts: $22.7 million; $30.4 million
Answer: $30.4 million; $22.7 million

Question: How does the company calculate the intrinsic value?
Facts: the difference between the market value on the date of exercise and the exercise price of the shares
Answer: the difference between the market value on the date of exercise and the exercise price of the shares

Question: What is the proportion of employee stock options and employee stock purchase plans over total stock-based compensation expense in 2018?
Facts: 2,599; 31,011; 438
Derivation: (438+2,599)/31,011 
Answer: 0.1

Question: What is the average total stock-based compensation expense for the last 3 years (2017 - 2019)?
Facts: 31,011; 31,554; 33,462
Derivation: (31,554+31,011+33,462)/3 
Answer: 32009 thousand

Question: What is the percentage change in restricted stock awards and units’ expenses from 2018 to 2019?
Facts: 27,974; 29,031
Derivation: (29,031-27,974)/27,974 
Answer: 3.78 percent

Question: What was the primary cause of the decrease in revenue in 2019 compared to 2018?
Facts: revenue recorded in 2018 related to the Samsung settlement and license agreement executed in December 2018, partially offset by a one-time payment from a new license agreement signed in December 2019
Answer: revenue recorded in 2018 related to the Samsung settlement and license agreement executed in December 2018, partially offset by a one-time payment from a new license agreement signed in December 2019

Question: What was the revenue change between 2018 and 2019?
Facts: $104.5 million
Answer: $104.5 million

Question: What was the total operating expense in 2017 and 2018, respectively?
Facts: 44,074; 73,519
Answer: 73,519; 44,074 thousand

Question: Which year did the Semiconductor and IP Licensing segment have the highest total operating income?
Facts: 2017
Derivation: 117,971>112,906>37,869
Answer: 2017

Question: What is the percentage of research, development, and other related costs as well as litigation expenses over total operating expenses in 2018?
Facts: 26,099; 27,514; 73,519
Derivation: (27,514+26,099)/73,519 
Answer: 72.92 percent

Question: What is the average revenue that the company received in the last three years, i.e. from 2017 to 2019?
Facts: 186,425; 205,809; 81,943
Derivation: (81,943+186,425+205,809)/3 
Answer: 158059 thousand

Question: What is the name of Xperi Corporation’s independent registered public accountants called?
Facts: PricewaterhouseCoopers LLP
Answer: PricewaterhouseCoopers LLP

Question: What does the table show us?
Facts: a summary of fees billed by the Company’s independent registered public accountants, PricewaterhouseCoopers LLP, for the years ended December 31, 2019 and 2018
Answer: a summary of fees billed by the Company’s independent registered public accountants, PricewaterhouseCoopers LLP, for the years ended December 31, 2019 and 2018

Question: What are the audit fees for the fiscal year 2018 and 2019, respectively?
Facts: $1,925,000; $1,956,000
Answer: $1,956,000; $1,925,000

Question: What is the proportion of audit fees and audit-related fees over total fees in the fiscal year 2018?
Facts: 1,956,000; 14,000; 2,127,000
Derivation: (1,956,000+14,000)/2,127,000 
Answer: 0.93

Question: What is the percentage change of audit fees from 2018 to 2019?
Facts: 1,925,000; 1,956,000
Derivation: (1,925,000-1,956,000)/1,956,000 
Answer: -1.58 percent

Question: What is the ratio of total fees in 2019 to total fees in 2018?
Facts: 2,127,000; 2,147,000
Derivation: 2,147,000/2,127,000 
Answer: 1.01