Source document: adtran-inc_2019

Question: What years does the table include data for?
Facts: 2017; 2018; 2019
Answer: 2019; 2018; 2017

Question: What was the sales in the United States in 2019?
Facts: $300,853
Answer: $300,853 thousand

Question: What was the sales in Mexico in 2018?
Facts: 12,186
Answer: 12,186 thousand

Question: What was the change in sales in Germany between 2018 and 2019?
Facts: 167,251; 78,062
Derivation: 78,062-167,251
Answer: -89189 thousand

Question: What was the change in sales in Mexico between 2017 and 2018?
Facts: 12,186; 2,246
Derivation: 12,186-2,246
Answer: 9940 thousand

Question: What was the percentage change in total sales between 2018 and 2019?
Facts: 529,277; 530,061
Derivation: ($530,061-$529,277)/$529,277
Answer: 0.15 percent

Question: Why do deferred income taxes appear on the company's Consolidated Balance Sheets?
Facts: temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes.
Answer: temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes.

Question: What was the deferred tax assets for Inventory in 2019?
Facts: $7,144
Answer: $7,144 thousand

Question: What were the deferred tax assets accrued expenses for 2019?
Facts: 2,330
Answer: 2,330 thousand

Question: What was the change in Inventory between 2018 and 2019?
Facts: 6,609; 7,144
Derivation: $7,144-$6,609
Answer: 535 thousand

Question: What was the change in deferred compensation between 2018 and 2019?
Facts: 4,779; 5,660
Derivation: 5,660-4,779
Answer: 881 thousand

Question: What was the percentage change in net deferred tax assets between 2018 and 2019?
Facts: 37,187; 7,561
Derivation: ($7,561-$37,187)/$37,187
Answer: -79.67 percent

Question: What does working capital consist of?
Facts: current assets less current liabilities.
Answer: current assets less current liabilities.

Question: What does total debt outstanding consist of?
Facts: taxable revenue bonds due to the State of Alabama Industrial Development Authority.
Answer: taxable revenue bonds due to the State of Alabama Industrial Development Authority.

Question: What were the total assets in 2017?
Facts: $669,094
Answer: $669,094 thousand

Question: What was the change in working capital between 2018 and 2019?
Facts: 207,599; 237,416
Derivation: $207,599-$237,416
Answer: -29817 thousand

Question: What was the change in total debt between 2017 and 2018?
Facts: 25,600; 26,700
Derivation: $25,600-$26,700
Answer: -1100 thousand

Question: What was the percentage change in total assets between 2015 and 2016?
Facts: 632,904; 667,235
Derivation: ($667,235-$632,904)/$632,904
Answer: 5.42 percent

Question: What does the table show?
Facts: Supplemental balance sheet information related to deferred tax assets
Answer: Supplemental balance sheet information related to deferred tax assets

Question: What was the company's International deferred tax assets?
Facts: 9,911
Answer: 9,911 thousand

Question: What was the company's domestic deferred tax assets?
Facts: $46,266
Answer: $46,266 thousand

Question: What was the difference between domestic and international deferred tax assets?
Facts: 46,266; 9,911
Derivation: $46,266-9,911
Answer: 36355 thousand

Question: What is the total Deferred Tax Assets, net expressed as a ratio to total Deferred Tax Assets?
Facts: 56,177; 7,561
Derivation: 7,561/56,177
Answer: 0.13

Question: What was domestic deferred tax assets as a percentage of the total deferred tax assets?
Facts: 46,266; 56,177
Derivation: $46,266/$56,177
Answer: 82.36 percent

Question: What was the inventory reserve in 2019?
Facts: $34.1 million
Answer: $34.1 million

Question: What was the Raw material inventory in 2019?
Facts: 36,987
Answer: 36,987 thousand

Question: What was the work in process inventory in 2019?
Facts: 1,085
Answer: 1,085 thousand

Question: What was the change in raw materials between 2018 and 2019?
Facts: 36,987; 45,333
Derivation: $36,987-$45,333
Answer: -8346 thousand

Question: What was the change in finished goods between 2018 and 2019?
Facts: 52,877; 60,233
Derivation: 60,233-52,877
Answer: 7356 thousand

Question: What was the percentage change in net total inventory between 2018 and 2019?
Facts: 98,305; 99,848
Derivation: ($98,305-$99,848)/$99,848
Answer: -1.55 percent

Question: What kind of service did SmartRG, Inc. provide?
Facts: carrier-class, open-source connected home platforms and cloud services for broadband service providers for cash consideration.
Answer: carrier-class, open-source connected home platforms and cloud services for broadband service providers for cash consideration.

Question: What was the tangible assets aquired from Sumitomo?
Facts: 1,006
Answer: 1,006 thousand

Question: How much were the intangible assets from SmartRG?
Facts: 9,960
Answer: 9,960 thousand

Question: What was the difference in tangible assets acquired between Sumitomo and SmartRG?
Facts: 1,006; 8,594
Derivation: $8,594-$1,006
Answer: 7588 thousand

Question: What was the difference in total purchase price between Sumitomo and SmartRG?
Facts: 16,029; 7,806
Derivation: $16,029-$7,806
Answer: 8223 thousand

Question: What is the total net assets of SmartRG as a ratio of the total net assets of Sumitomo?
Facts: 16,029; 19,128
Derivation: 16,029/19,128
Answer: 0.84

Question: Which year did all the remaining options under the 2010 Directors Plan expire?
Facts: 2019
Answer: 2019

Question: What did the 2015 Plan authorize?
Facts: 7.7 million shares of common stock for issuance to certain employees and officers through incentive stock options and non-qualified stock options, stock appreciation rights, PSUs, RSUs and restricted stock.
Answer: 7.7 million shares of common stock for issuance to certain employees and officers through incentive stock options and non-qualified stock options, stock appreciation rights, PSUs, RSUs and restricted stock.

Question: What was the research and development expense in 2019?
Facts: 2,704
Answer: 2,704 thousand

Question: What was the change in research and development expense between 2018 and 2019?
Facts: 2,704; 2,748
Derivation: 2,704-2,748
Answer: -44 thousand

Question: What was the change in total stock-based compensation expense between 2018 and 2019?
Facts: 6,962; 7,155
Derivation: 6,962-7,155
Answer: -193 thousand

Question: What was the percentage change in total stock-based compensation expense, net of tax between 2017 and 2018?
Facts: 5,723; 5,734
Derivation: ($5,723-$5,734)/$5,734
Answer: -0.19 percent

Question: What was the company's total liability for unrecognized tax benefits in 2019?
Facts: $1.5 million
Answer: $1.5 million million

Question: What does the table show?
Facts: change in the unrecognized income tax benefits for the years ended December 31, 2019, 2018 and 2017
Answer: change in the unrecognized income tax benefits for the years ended December 31, 2019, 2018 and 2017

Question: What is the  Balance at beginning of period for 2019?
Facts: $1,868
Answer: $1,868 thousand

Question: What was the change in the balance at the beginning of period between 2018 and 2019?
Facts: 1,868; 2,366
Derivation: $1,868-$2,366
Answer: -498 thousand

Question: What was the change in the balance at the end of period between 2018 and 2019?
Facts: 1,487; 1,868
Derivation: $1,487-$1,868
Answer: -381 thousand

Question: What was the percentage change in the expiration of applicable statute of limitations between 2017 and 2018?
Facts: 596; 755
Derivation: (-755-(-596))/-596
Answer: 26.68 percent

Question: What was the depreciation expense in 2019?
Facts: $12.5 million
Answer: $12.5 million

Question: What was the  Total Property, Plant and Equipment, net in 2019?
Facts: $73,708
Answer: $73,708 thousand

Question: What was the amount of building assets in 2019?
Facts: 68,157
Answer: 68,157 thousand

Question: What was the change in furniture and fixtures between 2018 and 2019?
Facts: 19,831; 19,959
Derivation: 19,959-19,831
Answer: 128 thousand

Question: What was the change in engineering and other equipment between 2018 and 2019?
Facts: 127,060; 130,430
Derivation: 130,430-127,060
Answer: 3370 thousand

Question: What was the percentage change in net total property, plant and equipment between 2018 and 2019?
Facts: 73,708; 80,635
Derivation: ($73,708-$80,635)/$80,635
Answer: -8.59 percent

Question: What does Income (loss) before expense (benefit) for income taxes for international entities reflect?
Facts: income (loss) based on statutory transfer pricing agreements.
Answer: income (loss) based on statutory transfer pricing agreements.

Question: What was the total income(loss) in 2017?
Facts: $44,687
Answer: $44,687 thousand

Question: What was the income for U.S. entities in 2019?
Facts: $(29,829)
Answer: $(29,829) thousand

Question: What was the percentage change for total income between 2018 and 2019?
Facts: 24,777; 33,371
Derivation: (-$24,777-(-$33,371))/-$33,371
Answer: -25.75 percent

Question: What was the change in income from International entities between 2018 and 2019?
Facts: 40,760; 5,052
Derivation: 5,052-40,760
Answer: -35708 thousand

Question: What was the change in income from U.S. entities between 2018 and 2019?
Facts: 29,829; 74,131
Derivation: -$29,829-(-$74,131)
Answer: 44302 thousand

Question: What was the liability for warranty obligations in 2019?
Facts: $8.4 million
Answer: $8.4 million

Question: What was the balance at beginning of period in 2019?
Facts: $8,623
Answer: $8,623 thousand

Question: What was the  Balance at end of period in 2017?
Facts: $9,724
Answer: $9,724 thousand

Question: What was the change in the balance at the beginning of period between 2018 and 2019?
Facts: 8,623; 9,724
Derivation: $8,623-$9,724
Answer: -1101 thousand

Question: What was the change in the balance at the end of period between 2018 and 2019?
Facts: 8,394; 8,623
Derivation: $8,394-$8,623
Answer: -229 thousand

Question: What was the percentage change in amounts charged to cost and expenses between 2017 and 2018?
Facts: 6,951; 7,392
Derivation: (7,392-6,951)/6,951
Answer: 6.34 percent

Question: What was the total revenue from Access & Aggregation in 2019?
Facts: $348,874
Answer: $348,874 thousand

Question: What was Subscriber Solutions & Experience formerly reported as?
Facts: Customer Devices.
Answer: Customer Devices.

Question: What was the total revenue from Traditional & other Products?
Facts: 28,267
Answer: 28,267 thousand

Question: What is the difference in the total revenue from Access & Aggregation and Traditional & Other Products?
Facts: 28,267; 348,874
Derivation: 348,874-28,267
Answer: 320607 thousand

Question: How many categories did total revenue exceed $100,000 thousand?
Facts: Access & Aggregation; Subscriber Solutions & Experience
Derivation: Access & Aggregation##Subscriber Solutions & Experience
Answer: 2

Question: What is the total revenue from Network Solutions as a percentage of total revenue from all segments?
Facts: 455,226; 530,061
Derivation: 455,226/530,061
Answer: 85.88 percent

Question: What symbol is ADTRAN's common stock traded under on the NASDAQ Global Select Market?
Facts: ADTN.
Answer: ADTN.

Question: What was the high closing price for common stock price in the First Quarter of 2019?
Facts: $15.40
Answer: $15.40

Question: What was the high closing price for common stock price in the Fourth Quarter of 2019?
Facts: $11.59
Answer: $11.59

Question: What was the difference between the high and low closing prices per share for common stock in the second quarter of 2019?
Facts: 13.76; 17.81
Derivation: $17.81-$13.76
Answer: 4.05

Question: What was the average low closing price for 2019?
Facts: 10.49; 13.76; 8.09; 9.92
Derivation: ( $10.49 + $13.76 + $ 9.92 + $ 8.09 )/4
Answer: 10.57

Question: What was the percentage change in the high closing price between the third and fourth quarter in 2019?
Facts: 11.59; 16.40
Derivation: ($11.59-$16.40)/$16.40
Answer: -29.33 percent

Question: How much of the outstanding unearned revenue balance as of December 31, 2018 was recognized as revenue in 2019?
Facts: $12.7 million
Answer: $12.7 million

Question: What was the amount of Accounts Receivable in 2019?
Facts: $90,531
Answer: $90,531 thousand

Question: What was the amount of Unearned revenue in 2019?
Facts: $11,963
Answer: $11,963 thousand

Question: What was the change in contract assets between 2018 and 2019?
Facts: 2,812; 3,766
Derivation: $2,812-$3,766
Answer: -954 thousand

Question: What was the change in non-current unearned revenue between 2018 and 2019?
Facts: 5,296; 6,012
Derivation: $6,012-$5,296
Answer: 716 thousand

Question: What was the percentage change in unearned revenue between 2018 and 2019?
Facts: 11,963; 17,940
Derivation: ($11,963-$17,940)/$17,940
Answer: -33.32 percent

Question: What types of operating leases does the company have in the U.S. and in certain international locations?
Facts: office space, automobiles and various other equipment
Answer: office space, automobiles and various other equipment

Question: What was the right of use lease assets in December 2019?
Facts: $8,452
Answer: $8,452 thousand

Question: What was the current lease liability in December 2019?
Facts: $2,676
Answer: $2,676 thousand

Question: What was the change in current lease liability between January and December?
Facts: 2,676; 2,948
Derivation: $2,676-$2,948
Answer: -272 thousand

Question: What was the change in total lease asset between January and December?
Facts: 10,322; 8,452
Derivation: $8,452-$10,322
Answer: -1870 thousand

Question: What was the percentage change in total lease liability between January and December?
Facts: 10,322; 8,494
Derivation: ($8,494-$10,322)/$10,322
Answer: -17.71 percent

Question: Where was current minimum lease payments receivable included in the Consolidated Balance Sheet?
Facts: other receivables
Answer: other receivables

Question: Where was non-current minimum lease payments receivable included in the Consolidated Balance Sheet?
Facts: other assets
Answer: other assets

Question: What was the non-current minimum lease payments receivable in 2019?
Facts: $1,201
Answer: $1,201 thousand

Question: What was the difference in total minimum lease payments receivables between 2018 and 2019?
Facts: 13,009; 2,090
Derivation: 2,090-13,009
Answer: -10919 thousand

Question: What was the change in Non-current minimum lease payments receivable between 2018 and 2019?
Facts: 1,670; 889
Derivation: 889-1,670
Answer: -781 thousand

Question: What was the percentage change in net investment in sales-type leases between 2018 and 2019?
Facts: 1,562; 11,905
Derivation: ($1,562-$11,905)/$11,905
Answer: -86.88 percent

Question: Why did the company implement a restructuring plan in 2019?
Facts: to realign its expense structure with the reduction in revenue experienced in recent years and overall Company objectives.
Answer: to realign its expense structure with the reduction in revenue experienced in recent years and overall Company objectives.

Question: What was the balance at the beginning of period in 2019?
Facts: $185
Answer: $185 thousand

Question: What was the balance at the end of period in 2019?
Facts: $1,568
Answer: $1,568 thousand

Question: What was the change in the balance at the beginning of the period and end of the period in 2019?
Facts: 1,568; 185
Derivation: $1,568-$185
Answer: 1383 thousand

Question: What was the change in Amounts charged to cost and expense between 2018 and 2019?
Facts: 6,014; 7,261
Derivation: 6,014-7,261
Answer: -1247 thousand

Question: Which year had a larger change in  Balance at beginning of period to  Balance at end of period?
Facts: 2019
Derivation: 2019:($1,568-$185=$1,383) 2018:($185- $205=-$20). 1,383>|-20|
Answer: 2019

Question: What was the number of shares of PSUs, RSUs and restricted stock granted 
Facts: 897
Answer: 897 thousand

Question: What was the number of Unvested RSUs and restricted stock outstanding in 2018?
Facts: 1,570
Answer: 1,570 thousand

Question: What is the fair value of RSUs and restricted stock equal to?
Facts: the closing price of our stock on the business day immediately preceding the grant date.
Answer: the closing price of our stock on the business day immediately preceding the grant date.

Question: What was the change in Unvested RSUs and restricted stock outstanding between 2018 and 2019?
Facts: 1,570; 1,891
Derivation: 1,891-1,570
Answer: 321 thousand

Question: What was the difference between the weighted average grant date fair value of PSUs, RSUs and restricted stock that are granted as compared to those that are vested?
Facts: 17.23; 9.63
Derivation: $17.23-$9.63
Answer: 7.6

Question: What was the Weighted Average Grant Date Fair Value of unvested stocks in 2018 as a ratio of the fair value in 2019?
Facts: 14.58; 18.52
Derivation: $18.52/$14.58
Answer: 1.27

Question: What was the net sales in Three Months Ended March 31, 2019?
Facts: $143,791
Answer: $143,791 thousand

Question: What was the Gross Profit in Three Months Ended June 30, 2019?
Facts: $65,015
Answer: $65,015 thousand

Question: What does the table show?
Facts: UNAUDITED QUARTERLY OPERATING RESULTS
Answer: UNAUDITED QUARTERLY OPERATING RESULTS

Question: What is the total net sales of the 3 highest earning quarters in 2019?
Facts: 115,787; 143,791; 156,391
Derivation:  $143,791 + $156,391 + $115,787 
Answer: 415969 thousand

Question: What was the change in gross profit between  Three Months Ended  March 31, 2019 and June 30, 2019?
Facts: 60,612; 65,015
Derivation: $65,015-$60,612
Answer: 4403 thousand

Question: What was the percentage change in Net sales between Three Months Ended  September and December in 2019?
Facts: 114,092; 115,787
Derivation: ( $115,787 - $114,092 )/ $114,092 
Answer: 1.49 percent

Question: What does the table show?
Facts: disaggregates our revenue by major source for the year ended December 31, 2018
Answer: disaggregates our revenue by major source for the year ended December 31, 2018

Question: What was the revenue from Access & Aggregation for Network Solutions?
Facts: $301,801
Answer: $301,801 thousand

Question: What was the total revenue from Network Solutions?
Facts: $458,232
Answer: $458,232 thousand

Question: What was the difference between the total revenue from Network Solutions and Services & Support?
Facts: 458,232; 71,045
Derivation: $458,232-$71,045
Answer: 387187 thousand

Question: What was the difference between the total revenue from Subscriber Solutions & Experience and Traditional & Other Products?
Facts: 134,460; 35,947
Derivation: 134,460-35,947
Answer: 98513 thousand

Question: What was the total revenue from traditional & other products as a percentage of total revenue from all sources?
Facts: 35,947; 529,277
Derivation: 35,947/$529,277
Answer: 6.79 percent

Question: Which periods are included in the summary of the components of the expense (benefit) for income taxes in the table?
Facts: the years ended December 31, 2019, 2018 and 2017
Answer: the years ended December 31, 2019, 2018 and 2017

Question: What was the expense (benefit) of the current Federal component in 2019?
Facts: $(518)
Answer: $(518) thousand

Question: What is the expense (benefit) for current International component?
Facts: (282)
Answer: (282) thousand

Question: What was the change in current state expense (benefit) between 2018 and 2019?
Facts: 1,065; 476
Derivation: -1,065-(-476)
Answer: -589 thousand

Question: What was the change in deferred federal expense (benefit) between 2018 and 2019?
Facts: 14,448; 24,801
Derivation: 24,801-(-14,448)
Answer: 39249 thousand

Question: What is the percentage change in total income tax expense (benefit) between 2018 and 2019?
Facts: 14,029; 28,205
Derivation: ($28,205-(-$14,029))/-$14,029
Answer: -301.05 percent

Question: What was the accumulated benefit obligation in 2019?
Facts: $43.9 million
Answer: $43.9 million

Question: What does the table show?
Facts: pension benefit plan obligations and funded status as of December 31, 2019 and 2018
Answer: pension benefit plan obligations and funded status as of December 31, 2019 and 2018

Question: What was the service cost in 2019?
Facts: 1,471
Answer: 1,471 thousand

Question: What was the change in service cost between 2018 and 2019?
Facts: 1,193; 1,471
Derivation: 1,471-1,193
Answer: 278 thousand

Question: What was the change in interest cost between 2018 and 2019?
Facts: 634; 727
Derivation: 634-727
Answer: -93 thousand

Question: What was the percentage change in the fair value of plan assets at end of period between 2018 and 2019?
Facts: 24,159; 28,016
Derivation: (28,016-24,159)/24,159
Answer: 15.97 percent