Source document: square-inc_2019

Question: What does “All Other Fees” consist of?
Facts: License fees for the use of accounting research software
Answer: License fees for the use of accounting research software

Question: What does “Tax Fees” consist of?
Facts: Fees for professional services for tax compliance, tax advice and tax planning
Answer: Fees for professional services for tax compliance, tax advice and tax planning

Question: Which firm does the company hire for professional audit services and other services?
Facts: KPMG
Answer: KPMG

Question: What is the average total fees paid to KPMG from 2017 to 2018?
Facts: 3,750; 4,479
Derivation: (3,750 + 4,479) / 2 
Answer: 4114.5 thousand

Question: What is the percentage change of the Audit fees from 2017 to 2018?
Facts: 3,747; 4,476
Derivation: (4,476 - 3,747) / 3,747 
Answer: 19.46 percent

Question: What is the change of “All Other Fees” from 2017 to 2018?
Facts: 3
Derivation: 3 - 3 
Answer: 0 thousand

Question: What is the total compensation earned by Roelof Botha in 2018?
Facts: 305,119
Answer: 305,119

Question: What is the total compensation earned by Paul Deighton in 2018?
Facts: 294,998
Answer: 294,998

Question: What information does the table provide?
Facts: The total compensation that was earned by each of our non-employee directors in 2018
Answer: The total compensation that was earned by each of our non-employee directors in 2018

Question: Which director(s) earned the largest amount of total compensation?
Facts: David Viniar
Derivation: From COL5 find the largest number and the corresponding name(s) in COL2
Answer: David Viniar

Question: Which director(s) earned the least amount of stock awards?
Facts: Anna Patterson; Lawrence Summers; Naveen Rao; Paul Deighton; Randy Garutti
Derivation: From COL4 find the smallest number and the corresponding name(s) in COL2
Answer: Paul Deighton; Randy Garutti; Anna Patterson; Naveen Rao; Lawrence Summers

Question: What is the difference in Fees Earned between Paul Deighton and Randy Garutti?
Facts: 42,500; 45,000
Derivation: 45,000-42,500
Answer: 2500

Question: What does GAAP stand for?
Facts: generally accepted accounting principles
Answer: generally accepted accounting principles

Question: What is the definition of GPV?
Facts: total dollar amount of all card payments processed by sellers using Square, net of refunds
Answer: total dollar amount of all card payments processed by sellers using Square, net of refunds

Question: What does GPV include?
Facts: Cash App activity related to peer-to-peer payments sent from a credit card and Cash for Business
Answer: Cash App activity related to peer-to-peer payments sent from a credit card and Cash for Business

Question: What is the percentage change of GPV from 2017 to 2018?
Facts: 65,343; 84,654
Derivation: (84,654 - 65,343) / 65,343 
Answer: 29.55 percent

Question: What is the percentage change of Adjusted Revenue from 2016 to 2017?
Facts: 686,618; 983,963
Derivation: (983,963 - 686,618) / 686,618 
Answer: 43.31 percent

Question: How much is the change of adjusted EBITDA from 2015 to 2016?
Facts: 41,115; 44,887
Derivation: 44,887 - (-41,115) 
Answer: 86002 thousand

Question: What does the table show?
Facts: the number of shares of common stock acquired during 2018 by our named executive officers upon the exercise of stock options or upon the vesting of RSUs or RSAs, as well as the value realized upon such equity award transactions.
Answer: the number of shares of common stock acquired during 2018 by our named executive officers upon the exercise of stock options or upon the vesting of RSUs or RSAs, as well as the value realized upon such equity award transactions.

Question: What does the Number of Shares Acquired on Vesting of RSUs and RSAs column show?
Facts: Reflects the aggregate number of shares of Class A common stock underlying RSUs and RSAs that vested in 2018.
Answer: Reflects the aggregate number of shares of Class A common stock underlying RSUs and RSAs that vested in 2018.

Question: What is the Number of Shares Acquired on Exercise for Ms Friar?
Facts: 1,082,343
Answer: 1,082,343

Question: What is the average Number of Shares Acquired on Exercise for the 3 officers who received it?
Facts: 1,082,343; 20,625; 200,000
Derivation: (1,082,343 + 200,000 + 20,625) / 3 
Answer: 434322.67

Question: What is the difference between the largest and smallest Value Realized on Vesting of RSUs and RSAs?
Facts: 1,120,072; 11,284,454
Derivation: 11,284,454 - 1,120,072 
Answer: 10164382

Question: Who has the largest amount of  Number of Shares Acquired on Vesting of RSUs and RSAs?
Facts: Ms. Reses
Derivation: From COL5 find the largest number and the corresponding name in COL 2  
Answer: Ms. Reses

Question: What does the table show?
Facts: Information regarding grants of awards made to our named executive officers during 2018
Answer: Information regarding grants of awards made to our named executive officers during 2018

Question: What does the column “Grant Date Fair Value of Stock and Option Awards” represent?
Facts: The aggregate grant date fair value of RSUs, RSAs and option awards calculated in accordance with ASC 718.
Answer: The aggregate grant date fair value of RSUs, RSAs and option awards calculated in accordance with ASC 718.

Question: When is the Grant Date for all the executive officers?
Facts: 4/25/2018
Answer: 4/25/2018

Question: What is the difference between the smallest and largest amount of Grant Date Fair Value of Stock and Option Awards?
Facts: 187,861; 3,479,299
Derivation: 3,479,299 - 187,861
Answer: 3291438

Question: What is the average Number of Securities Underlying Restricted Stock Awards and Restricted Stock Units for those who received it?
Facts: 16,695; 38,159; 4,198; 4,962
Derivation: (38,159 + 38,159 + 38,159 + 16,695 + 4,198 + 4,962) / 6 
Answer: 23388.67

Question: What is the ratio of Ms. Henry’s to Ms. Whiteley’s Number of Securities Underlying Options?
Facts: 109,026; 47,699
Derivation: 109,026 / 47,699 
Answer: 2.29

Question: What is the annual base salary of Ms. Henry in 2017 and 2018 respectively?
Facts: $350,000; $400,000
Answer: $350,000; $400,000

Question: What is the annual base salary of Mr. Murphy in 2017 and 2018 respectively?
Facts: $270,000; $295,000
Answer: $270,000; $295,000

Question: What is the annual base salary of Mr. Daswini in 2017 and 2018 respectively?
Facts: $280,000; $300,000
Answer: $280,000; $300,000

Question: What is the difference in annual base salary in 2017 between Mr. Daswani and Mr. Murphy?
Facts: 270,000; 280,000
Derivation: 280,000-270,000
Answer: 10000

Question: Which Executive Officer has the largest percentage increase in their annual base salary from 2017 to 2018?
Facts: Ms. Whiteley
Derivation: From COL5 find the largest number and the corresponding name(s) in COL2
Answer: Ms. Whiteley

Question: What is the change in Ms Henry's annual base salary between 2017 and 2018?
Facts: 350,000; 400,000
Derivation: 400,000-350,000
Answer: 50000

Question: What are the months provided in the period column?
Facts: December; November; October
Answer: October; November; December

Question: What is the Total number of Shares purchased across the periods?
Facts: 4,743,354
Answer: 4,743,354

Question: How many shares did the company receive from Company’s Class A common stock from the counterparties in November of 2018?
Facts: 1,096,773
Answer: 1,096,773

Question: What is the percentage amount of the number of shares purchased in October?
Facts: 3,646,581; 4,743,354
Derivation: 3,646,581 / 4,743,354 
Answer: 76.88 percent

Question: What is the average total number of shares purchased?
Facts: 1,096,773; 3,646,581
Derivation: (3,646,581 + 1,096,773) / 3 
Answer: 1581118

Question: Which period has the largest number of shares purchased?  
Facts: October 1 to October 31
Derivation: From COL3 look for the largest number and find the corresponding period in COL2 
Answer: October 1 to October 31

Question: Why didn’t Mr. Dorsey receive any equity awards in 2018?
Facts: Because our compensation committee believed that his existing equity ownership position sufficiently aligned his interests with those of our stockholders.
Answer: Because our compensation committee believed that his existing equity ownership position sufficiently aligned his interests with those of our stockholders.

Question: When did Ms. Friar resign from her position?
Facts: November 16, 2018
Answer: November 16, 2018

Question: What factors are considered in determining the size and terms of the equity awards?
Facts: The past and expected future key contributions of each of these named executive officers, the extent to which their existing equity awards were vested and the competitive market data for similarly situated executives
Answer: The past and expected future key contributions of each of these named executive officers, the extent to which their existing equity awards were vested and the competitive market data for similarly situated executives

Question: What is the average number of securities underlying options of those executive officers who receive them?
Facts: 109,026; 47,699
Derivation: (109,026 + 109,026 + 109,026 + 47,699) / 4 
Answer: 93694.25

Question: Which Executive Officer(s) has(have) the least number of RSUs or RSAs?
Facts: Mr. Daswani
Derivation: From COL4 find the smallest number and the corresponding name(s) in COL2
Answer: Mr. Daswani

Question: Which Executive Officer(s) has(have) the largest amount of Grant Date Fair Value?
Facts: Ms. Friar; Ms. Henry; Ms. Reses
Derivation: From COL5 find the largest number and the corresponding name(s) in COL2
Answer: Ms. Friar; Ms. Henry; Ms. Reses

Question: What was the cause of the increase in transaction-based revenue from 2017 to 2018?
Facts: the growth in GPV processed of $19.3 billion, or 30%, to $84.7 billion from $65.3 billion
Answer: the growth in GPV processed of $19.3 billion, or 30%, to $84.7 billion from $65.3 billion

Question: What was the cause of the increase in Subscription and services-based revenue from 2017 to 2018?
Facts: Instant Deposit, Caviar, Cash Card, and Square Capital, as well as acquisitions completed in the second quarter
Answer: Instant Deposit, Caviar, Cash Card, and Square Capital, as well as acquisitions completed in the second quarter

Question: How much did bitcoin revenue increase from 2017 to 2018?
Facts: $166.5 million
Answer: $166.5 million

Question: Which period has the larger percentage change in total net revenue?
Facts: 2017 to 2018
Derivation: From ROW8 COL6 and COL7 find the larger number and the corresponding period
Answer: 2017 to 2018

Question: What is the percentage amount of Bitcoin revenue among the total net revenue in 2018?
Facts: 166,517; 3,298,177
Derivation: 166,517 / 3,298,177 
Answer: 5.05 percent

Question: What is the average hardware revenue from 2016 to 2018?
Facts: 41,415; 44,307; 68,503
Derivation: (44,307 + 41,415 + 68,503) / 3 
Answer: 51408.33 thousand