Source document: netgear-inc_2019

Question: Which years was the total stock-based compensation cost capitalized in inventory less than $0.8 million?
Facts: 2019, 2018 and 2017
Answer: 2019, 2018 and 2017

Question: What was the research and development expense in 2019?
Facts: 6,532
Answer: 6,532 thousand

Question: What was the percentage change in cost of revenue from 2018 to 2019?
Facts: 2,435; 2,843
Derivation: ($2,843 - $2,435)/$2,435 
Answer: 16.76 percent

Question: Which year has the highest general and administrative expense?
Facts: 2018
Derivation: 11,476 > 10,693 >  9,114 
Answer: 2018

Question: What was the change in sales and marketing expenses from 2017 to 2018?
Facts: 5,481; 8,267
Derivation: 8,267 -  5,481 
Answer: 2786 thousand

Question: What may be required of the company if there are any modifications or cancellations of the underlying unvested awards?
Facts: May be required to accelerate, increase or cancel all or a portion of the remaining unearned stock-based compensation expense.
Answer: May be required to accelerate, increase or cancel all or a portion of the remaining unearned stock-based compensation expense.

Question: What accounts for the decrease in contribution income in 2019?
Facts: Lower gross margin attainment, partially offset by lower operating expenses as a proportion of net revenue.
Answer: Lower gross margin attainment, partially offset by lower operating expenses as a proportion of net revenue.

Question: What accounts for the increase in net revenue in 2018?
Facts: Due to growth in switches, partially offset by the decrease in network storage.
Answer: Due to growth in switches, partially offset by the decrease in network storage.

Question: Which regions did the net revenue decline in 2019?
Facts: Americas and EMEA
Answer: Americas and EMEA

Question: What was the percentage change in net revenue from 2017 to 2019?
Facts: 270,908; 287,372
Derivation: (287,372-270,908)/270,908 
Answer: 6.08 percent

Question: In which year is the contribution margin the highest?
Facts: 2018
Derivation: 24.4% > 23.6% > 23.4%
Answer: 2018

Question: What was the change in contribution income from 2017 to 2018?
Facts: 63,865; 70,142
Derivation: $70,142 - $63,865 
Answer: 6277 thousand

Question: What was the change in the US federal tax rate from 2017 to 2018?
Facts: 21; 35
Derivation: 21% - 35% 
Answer: -14 percent

Question: What accounted for the decrease in tax expense in 2019?
Facts: A decline in pre-tax earnings coupled with favorable benefits from the settlement of international tax audits and changes in estimate in tax expense recorded upon finalizing U.S. tax returns.
Answer: A decline in pre-tax earnings coupled with favorable benefits from the settlement of international tax audits and changes in estimate in tax expense recorded upon finalizing U.S. tax returns.

Question: What was the change in effective tax rate from 2018 to 2019?
Facts: 12.8; 59.9
Derivation: 12.8% - 59.9% 
Answer: -47.1 percent

Question: Which year has the highest provision (benefit) for income taxes?
Facts: 2017
Derivation: 57,357 > 25,878 > 3,780
Answer: 2017

Question: What resulted in a net addition to tax in 2019?
Facts: Global Intangible Low-Taxed Income “GILTI”, Foreign Derived Intangible Income “FDII” and Base Erosion and Anti-abuse Tax “BEAT” provisions
Answer: Global Intangible Low-Taxed Income “GILTI”, Foreign Derived Intangible Income “FDII” and Base Erosion and Anti-abuse Tax “BEAT” provisions

Question: What could affect the future foreign tax rate?
Facts: Changes in the composition in earnings in countries with tax rates differing from the U.S. federal rate.
Answer: Changes in the composition in earnings in countries with tax rates differing from the U.S. federal rate.

Question: How many percent of outstanding shares of Arlo common stock does NETGEAR hold before the distribution?
Facts: 84.2%
Answer: 84.2%

Question: What was the net liability to Arlo in 2018?
Facts: $12.2 million
Answer: $12.2 million

Question: What was Arlo's initial public offering share price?
Facts: 16
Answer: 16

Question: Which year has a lower total operating expense?
Facts: 2017
Derivation: 44,303 < 137,754
Answer: 2017

Question: What was the percentage change in net revenue from 2017 to 2018?
Facts: 367,751; 464,649
Derivation: ($464,649 - $367,751)/$367,751 
Answer: 26.35 percent

Question: How many components does the operating expenses consist of?
Facts: General and administrative; Litigation reserves, net; Research and development; Sales and marketing; Separation expense
Derivation: Research and development ## Sales and marketing ## General and administrative ## Separation expense ## Litigation reserves, net
Answer: 5

Question: How much did the net revenue from service provider customers decrease from 2018 to 2019?
Facts: $27.8 million
Answer: $27.8 million

Question: What accounts for the increase in net revenue in 2018?
Facts: Due to home wireless and broadband modem and modem gateway products, partially offset by decreased net revenue from mobile products.
Answer: Due to home wireless and broadband modem and modem gateway products, partially offset by decreased net revenue from mobile products.

Question: Which region did the net revenue decrease in 2018?
Facts: APAC
Answer: APAC

Question: What was the percentage change in net revenue from 2017 to 2019?
Facts: 711,391; 768,261
Derivation: (711,391 - 768,261)/768,261 
Answer: -7.4 percent

Question: In which year is the percentage of net revenue the lowest?
Facts: 2019
Derivation: 71.2% < 72.8% < 73.9%
Answer: 2019

Question: What was the change in contribution income from 2018 to 2019?
Facts: 67,775; 96,340
Derivation: $67,775 - $96,340 
Answer: -28565 thousand

Question: What accounted for the change in gross margin from 2017 to 2018?
Facts: Due to improved product margin performance, lower proportionate provisions for sales returns and warranty expense, favorable foreign exchange rate movements and lower air freight costs compared to the prior year.
Answer: Due to improved product margin performance, lower proportionate provisions for sales returns and warranty expense, favorable foreign exchange rate movements and lower air freight costs compared to the prior year.

Question: What was the cost of revenue in 2019?
Facts: $704,535
Answer: $704,535 thousand

Question: What accounted for the change in cost of revenue from 2018 to 2019?
Facts: Due to net revenue declining
Answer: Due to net revenue declining

Question: Which year has the highest gross margin percentage?
Facts: 2018
Derivation: 32.3% > 29.6% > 29.5%
Answer: 2018

Question: What is the gross margin percentage change from 2017 to 2018?
Facts: 29.6; 32.3
Derivation: 32.3%-29.6% 
Answer: 2.7 percent

Question: What was the percentage change in cost of revenue from 2017 to 2019?
Facts: 704,535; 731,453
Derivation: (704,535-731,453)/731,453 
Answer: -3.68 percent