Source document: maxlinear-inc_2019

Question: What was the federal, state and foreign tax credit carryforwards in 2019 respectively?
Facts: $41.8 million; $5.7 million; $86.3 million
Answer: $41.8 million; $86.3 million; $5.7 million

Question: What was the federal alternative minimum tax credit carryforwards?
Facts: $0.3 million
Answer: $0.3 million

Question: What was the Net operating loss carryforwards in 2019?
Facts: $65,477
Answer: $65,477 thousand

Question: What was the change in Net operating loss carryforwards from 2018 to 2019?
Facts: 64,887; 65,477
Derivation: 65,477 - 64,887
Answer: 590 thousand

Question: What was the average of Research and development credits in 2018 and 2019?
Facts: 75,032; 80,404
Derivation: (80,404 + 75,032) / 2
Answer: 77718 thousand

Question: In which year was lease obligation less than 500 thousands?
Facts: 2018
Derivation: locate and analyze Lease obligation in row 7
Answer: 2018

Question: What is the Employee separation expenses in 2019?                  
Facts: $1,150
Answer: $1,150 thousand

Question: What is included in the restructuring plans?
Facts: terminating employees, vacating certain leased facilities, and cancellation of contracts.
Answer: terminating employees, vacating certain leased facilities, and cancellation of contracts.

Question: What is lease related and other charges?
Facts: exiting certain redundant facilities.
Answer: exiting certain redundant facilities.

Question: What is the average Employee separation expenses for the year ended December 31, 2019 to 2018?
Facts: 1,150; 2,094
Derivation: (1,150+2,094) / 2
Answer: 1622 thousand

Question: What is the average Lease related expenses for the year ended December 31, 2019 to 2018?
Facts: 1,301; 1,608
Derivation: (1,301+1,608) / 2
Answer: 1454.5 thousand

Question: What is the average Other for the year ended December 31, 2019 to 2018?
Facts: 136; 185
Derivation: (185+136) / 2
Answer: 160.5 thousand

Question: What was the respective amount in 2019 and 2018 from Singapore?
Facts: 63,556; 71,945
Answer: 63,556; 71,945 thousand

Question: What was the respective amount in 2019 and 2018 from United States?
Facts: $385,302; $426,321
Answer: $385,302; $426,321 thousand

Question: What was the percentage of total from Singapore in 2019?
Facts: 14
Answer: 14 percent

Question: What was the change in the United States amount from 2018 to 2019?
Facts: 385,302; 426,321
Derivation: 385,302 - 426,321
Answer: -41019 thousand

Question: What was the average amount from Singapore in 2018 and 2019?
Facts: 63,556; 71,945
Derivation: (63,556 + 71,945) / 2
Answer: 67750.5 thousand

Question: What was the average total amount in 2018 and 2019?
Facts: 453,892; 501,634
Derivation: (453,892 + 501,634) / 2
Answer: 477763 thousand

Question: What were the transfers between Level 1, Level 2 and Level 3 in 2019 and 2018?
Facts: There were no transfers between Level 1, Level 2 or Level 3
Answer: There were no transfers between Level 1, Level 2 or Level 3

Question: How is the company's long-term debt recorded?
Facts: measured at fair value for disclosure purposes (Note8 )
Answer: measured at fair value for disclosure purposes (Note8 )

Question: What was the Unrealized gain (loss) recognized in other comprehensive income (loss) in 2019 and 2018 respectively?
Facts: (1,660); 889
Answer: (1,660); 889 thousand

Question: In which year was the beginning balance less than 1,000 thousands?
Facts: 2018
Derivation: locate and analyze beginning balance in row 5
Answer: 2018

Question: What was the average Unrealized gain (loss) recognized in other comprehensive income (loss) for 2018 and 2019?
Facts: 1,660; 889
Derivation: (-1,660 + 889) / 2
Answer: -385.5 thousand

Question: What was the change in the ending balance from 2018 to 2019?
Facts: 1,623; 37
Derivation: -37 - 1,623
Answer: -1660 thousand

Question: How is the fair value of the company's financial instrument defined?
Facts: The fair values of the Company’s financial instrument is the amount that would be received in an asset sale or paid to transfer a liability in an orderly transaction between unaffiliated market participants and is recorded using a hierarchical disclosure framework based upon the level of subjectivity of the inputs used in measuring assets and liabilities.
Answer: The fair values of the Company’s financial instrument is the amount that would be received in an asset sale or paid to transfer a liability in an orderly transaction between unaffiliated market participants and is recorded using a hierarchical disclosure framework based upon the level of subjectivity of the inputs used in measuring assets and liabilities.

Question: What was the interest rate swap in 2019 and 2018 respectively?
Facts: 0; 1,623
Answer: 0; 1,623 thousand

Question: In which year was interest rate swap less than 1,000 thousands?
Facts: 2019
Derivation: locate and analyze interest rate swap in row 4
Answer: 2019

Question: What was the change in the interest rate swap from 2018 to 2019?
Facts: 0; 1,623
Derivation: 0 - 1,623
Answer: -1623 thousand

Question: What was the average interest rate swap liabilities for 2018 and 2019?
Facts: 0; 37
Derivation: (37 + 0) / 2
Answer: 18.5 thousand

Question: What are the 3 levels of subjectivity?
Facts: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities.; Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data; Level 3: Unobservable inputs are used when little or no market data is available
Answer: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities.; Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data; Level 3: Unobservable inputs are used when little or no market data is available

Question: When is the impairment loss recognized?
Facts: when the sum of the expected future undiscounted net cash flows is less than the carrying amount of the asset.
Answer: when the sum of the expected future undiscounted net cash flows is less than the carrying amount of the asset.

Question: What was the Impairment loss related to finite-lived intangible assets in 2018?
Facts: $2.2 million
Answer: $2.2 million

Question: What were the other additions in 2019 and 2018 respectively?
Facts: 0; 86
Answer: 86; 0 thousand

Question: What was the change in the Beginning balance from 2018 to 2019?
Facts: 240,500; 310,645
Derivation: 240,500 - 310,645
Answer: -70145 thousand

Question: What is the average other additions for 2018 and 2019?
Facts: 0; 86
Derivation: (86 + 0) / 2
Answer: 43 thousand

Question: In which year was Transfers to developed technology from IPR&D greater than 4,000 thousands?
Facts: 2019
Derivation: locate and analyze Transfers to developed technology from IPR&D in row 6
Answer: 2019

Question: Why is the selling, general and administrative expenses expected to increase in the future?
Facts: as we expand our sales and marketing organization to enable market expansion.
Answer: as we expand our sales and marketing organization to enable market expansion.

Question: What is the average Selling, general and administrative for the Years Ended December 31, 2019 to 2018?
Facts: 101,789; 88,762
Derivation: (88,762+101,789) / 2
Answer: 95275.5 thousand

Question: What is the average % of net revenue for the Years Ended December 31, 2019 to 2018?
Facts: 26; 28
Derivation: (28+26) / 2
Answer: 27 percent

Question: In which year was Selling, general and administrative less than 100,000 thousands?
Facts: 2019
Derivation: locate and analyze Selling, general and administrative in row 4
Answer: 2019

Question: What was the respective % of net revenue in 2019 and 2018?
Facts: 26%; 28%
Answer: 28%; 26%

Question: What was the decrease in Selling, general and administrative in 2019?
Facts: $13.0 million
Answer: $13.0 million

Question: What is the number of shares Outstanding at December 31, 2019?
Facts: 445
Answer: 445 thousand

Question: What percentage of each performance-based award is subject to the net sales metric for the performance period?
Facts: 60%
Answer: 60%

Question: What was the number of shares granted in 2019?
Facts: 445
Answer: 445 thousand

Question: What was the change in the outstanding from 2018 to 2019?
Facts: 0; 445
Derivation: 445 - 0 
Answer: 445 thousand

Question: What percentage of outstanding in 2019 was granted shares?
Facts: 445
Derivation: 445 / 445
Answer: 100 percent

Question: In which year was outstanding shares less than 200 thousands?
Facts: 2018
Derivation: locate and analyze outstanding in rows 3 and 5
Answer: 2018

Question: What are research and development activities?
Facts: the design of new products, refinement of existing products and design of test methodologies to ensure compliance with required specifications.
Answer: the design of new products, refinement of existing products and design of test methodologies to ensure compliance with required specifications.

Question: What is the average Cost of net revenue, for the Years Ended December 31, 2019 to 2018?
Facts: 46; 47
Derivation: (47+46) / 2
Answer: 46.5 percent

Question: What is the average Operating expenses: Selling, general and administrative, for the Years Ended December 31, 2019 to 2018?
Facts: 26; 28
Derivation: (28+26) / 2
Answer: 27 percent

Question: What is the average Loss from operations for the Years Ended December 31, 2019 to 2018?
Facts: 5; 7
Derivation: (7+5) / 2
Answer: 6 percent

Question: What are the Research and development expense?
Facts: personnel-related expenses, including stock-based compensation, new product engineering mask costs, prototype integrated circuit packaging and test costs, computer-aided design software license costs, intellectual property license costs, reference design development costs, development testing and evaluation costs, depreciation expense and allocated occupancy costs.
Answer: personnel-related expenses, including stock-based compensation, new product engineering mask costs, prototype integrated circuit packaging and test costs, computer-aided design software license costs, intellectual property license costs, reference design development costs, development testing and evaluation costs, depreciation expense and allocated occupancy costs.

Question: What are Restructuring Charges?
Facts: consist of severance, lease and leasehold impairment charges, and other charges related to restructuring plans
Answer: consist of severance, lease and leasehold impairment charges, and other charges related to restructuring plans

Question: What was the respective Selling, general and administrative expense in 2019, 2018 and 2017?
Facts: 11,016; 13,279; 14,938
Answer: 14,938; 13,279; 11,016 thousand

Question: What was the respective research and development expense in 2019, 2018 and 2017?
Facts: 16,190; 16,545; 17,953
Answer: 16,545; 17,953; 16,190 thousand

Question: What was the respective Cost of net revenue in 2019, 2018 and 2017?
Facts: $332; $489; $577
Answer: $577; $489; $332 thousand

Question: What was the change in Cost of net revenue from 2018 to 2019?
Facts: 489; 577
Derivation: 577 - 489
Answer: 88 thousand

Question: What was the average Research and development between 2017-2019?
Facts: 16,190; 16,545; 17,953
Derivation: (16,545 + 17,953 + 16,190) / 3
Answer: 16896 thousand

Question: In which year was Restructuring expense 0 thousands?
Facts: 2018; 2019
Derivation: locate and analyze Restructuring expense in row 7
Answer: 2019; 2018

Question: When does the company perform its annual assessment?
Facts: October 31
Answer: October 31

Question: What was the impairment loss recognized by the company in 2017?
Facts: $2.0 million
Answer: $2.0 million

Question: What were the Transfers to developed technology from IPR&D in 2019 and 2018 respectively?
Facts: (4,400); 0
Answer: (4,400); 0 thousand

Question: What was the change in the Transfers to developed technology from IPR&D from 2018 to 2019?
Facts: 0; 4,400
Derivation: -4,400 - 0
Answer: -4400 thousand

Question: What is the average ending balance for 2018 and 2019?
Facts: 0; 4,400
Derivation: (0 + 4,400) / 2
Answer: 2200 thousand

Question: In which year was Transfers to developed technology from IPR&D negative?
Facts: 2019
Derivation: locate and analyze Transfers to developed technology from IPR&D in row 5
Answer: 2019

Question: What was the money market frauds in 2019 and 2018?
Facts: $0; $20.4 million
Answer: $20.4 million; $0

Question: In what respect is cash restricted?
Facts: restricted in connection with guarantees for certain import duties and office leases.
Answer: restricted in connection with guarantees for certain import duties and office leases.

Question: What was the Short-term restricted cash in 2019?
Facts: 349
Answer: 349 thousand

Question: What was the change in the cash and cash equivalents from 2018 to 2019?
Facts: 73,142; 92,708
Derivation: 92,708 - 73,142
Answer: 19566 thousand

Question: What is the average Short-term restricted cash for 2018 and 2019?
Facts: 349; 645
Derivation: (349 + 645) / 2
Answer: 497 thousand

Question: In which year was Long-term restricted cash less than 100 thousands?
Facts: 2019
Derivation: locate and analyze long-term restricted cash in row 5
Answer: 2019

Question: How much was the Net cash used in financing activities for the year ended December 31, 2018?
Facts: $93.8 million
Answer: $93.8 million

Question: What is the average Net cash provided by operating activities for the year ended December 31, 2019 to 2018?
Facts: 102,689; 78,348
Derivation: (78,348+102,689) / 2
Answer: 90518.5 thousand

Question: What is the average Net cash used in investing activities for the year ended December 31, 2019 to 2018?
Facts: 6,973; 7,825
Derivation: (6,973+7,825) / 2
Answer: 7399 thousand

Question: In which year was Net cash provided by operating activities less than 80,000 thousands?
Facts: 2019
Derivation: locate and analyze Net cash provided by operating activities in row 4
Answer: 2019

Question: What was the respective Net cash used in investing activities in 2019 and 2018?
Facts: (6,973); (7,825)
Answer: (6,973); (7,825) thousand

Question: When was the Form 10-K for the year ended December 31, 2018, filed with the SEC?
Facts: February 5, 2019
Answer: February 5, 2019

Question: What was the Net carrying amount of long-term debt in 2019?
Facts: 206,909
Answer: 206,909 thousand

Question: What was the Net carrying amount of long-term debt in 2018?
Facts: 255,757
Answer: 255,757 thousand

Question: What was the principal amount in 2019 and 2018 respectively?
Facts: $212,000; $262,000
Answer: $212,000; $262,000 thousand

Question: What was the change in the Principal from 2018 to 2019?
Facts: 212,000; 262,000
Derivation: 212,000 - 262,000
Answer: -50000 thousand

Question: What is the average Unamortized debt discount for 2018 and 2019?
Facts: 1,328; 1,630
Derivation: -(1,328 + 1,630) / 2
Answer: -1479 thousand

Question: In which year was Net carrying amount of long-term debt less than 210,000 thousands?
Facts: 2019
Derivation: locate and analyze Net carrying amount of long-term debt in row 7
Answer: 2019

Question: After using the modified retrospective method, amounts prior to which year have not been adjusted?
Facts: 2018
Answer: 2018

Question: What was the revenue from sales to the Company's distributors from 2019, 2018 and 2017 respectively?
Facts: 34%; 42%; 52%
Answer: 52%; 42%; 34%

Question: What was the Connected home revenue in 2019?
Facts: $152,674
Answer: $152,674 thousand

Question: What was the change in Connected home from 2018 to 2019?
Facts: 152,674; 207,336
Derivation: 152,674 - 207,336
Answer: -54662 thousand

Question: What was the average Infrastructure between 2017-2019?
Facts: 71,779; 82,388; 85,369
Derivation: (85,369 + 82,388 + 71,779) / 3
Answer: 79845.33 thousand

Question: In which year was Total net revenue less than 400,000 thousands?
Facts: 2018; 2019
Derivation: locate and analyze Total net revenue in row 9
Answer: 2019; 2018

Question: What is the Long-term restricted cash in 2019?
Facts: 60
Answer: 60 thousand

Question: What is the average Working capital for December 31, 2019 to 2018?
Facts: 110,044; 115,208
Derivation: (115,208+110,044) / 2
Answer: 112626 thousand

Question: What is the average Cash and cash equivalents for December 31, 2019 to 2018?
Facts: 73,142; 92,708
Derivation: (92,708+73,142) / 2
Answer: 82925 thousand

Question: In which year was Cash and cash equivalents less than 90,000 thousands?
Facts: 2018
Derivation: locate and analyze Cash and cash equivalents in row 4
Answer: 2018

Question: What was the respective working capital in 2019 and 2018?
Facts: 110,044; 115,208
Answer: 115,208; 110,044 thousand

Question: What was the cash and cash equivalents in 2019?
Facts: $92.7 million
Answer: $92.7 million

Question: What is the eligibility of Performance-based restricted stock to vest?
Facts: at the end of each fiscal year in a three-year performance period based on the Company’s annual growth rate
Answer: at the end of each fiscal year in a three-year performance period based on the Company’s annual growth rate

Question: What was the number of shares Outstanding at December 31, 2018?
Facts: 3,263
Answer: 3,263 thousand

Question: What was the number of shares granted in 2019?
Facts: 1,580
Answer: 1,580 thousand

Question: What was the change in the outstanding from 2018 to 2019?
Facts: 2,924; 3,263
Derivation: 2,924 - 3,263
Answer: -339 thousand

Question: What percentage of outstanding at 2019 was granted?
Facts: 1,580; 2,924
Derivation: 1,580 / 2,924
Answer: 54.04 percent

Question: What is the average vested and canceled in 2019?
Facts: 1,541; 378
Derivation: -(1,541 + 378) / 2
Answer: -959.5 thousand

Question: How does Goodwill arise from?
Facts: 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.
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?
Facts: October 31st
Answer: October 31st

Question: What were the adjustments in 2018?
Facts: 338
Answer: 338 thousand

Question: What was the change in the Beginning balance from 2018 to 2019?
Facts: 237,992; 238,330
Derivation: 238,330 - 237,992
Answer: 338 thousand

Question: What is the average adjustments for 2018 and 2019?
Facts: 0; 338
Derivation: (0 + 338) / 2
Answer: 169 thousand

Question: In which year was the ending balance less than 240,000 thousands?
Facts: 2018; 2019
Derivation: locate and analyze ending balance in row 6
Answer: 2019; 2018

Question: What was the net expense in the year ended December 31, 2018?
Facts: $13.8 million
Answer: $13.8 million

Question: What was the net expense in the year ended December 31, 2019?
Facts: $10.4 million
Answer: $10.4 million

Question: What led to change in interest and other income (expense), net?
Facts: primarily due to a decrease in interest expense pertaining to a lower average balance of debt outstanding under our term loan facility during the year.
Answer: primarily due to a decrease in interest expense pertaining to a lower average balance of debt outstanding under our term loan facility during the year.

Question: What is the average Interest and other income (expense), net for the year ended December 31, 2019 to 2018?
Facts: 10,427; 13,755
Derivation: -(10,427+13,755) / 2
Answer: -12091 thousand

Question: What is the average % of net revenue for the year ended December 31, 2019 to 2018?
Facts: 3; 4
Derivation: (3+4) / 2
Answer: 3.5 percent

Question: What is the change in Interest and other income (expense), net from the year ended December 31, 2019 to 2018?
Facts: 10,427; 13,755
Derivation: -10,427-(13,755)
Answer: 3328 thousand