Source document: agilysys-inc_2019

Question: What was the liability reserve for unrecognized income tax position at 31 March 2019?
Facts: $1.1 million
Answer: $1.1 million

Question: What is the total capital leases?
Facts: 65
Answer: 65 thousand

Question: What was the operating lease in 2020?
Facts: $4,143
Answer: $4,143 thousand

Question: What was the increase / (decrease) in the contractual obligation for operating leases from 2020 to 2021-2022?
Facts: 4,143; 7,111
Derivation: 7,111-4,143 
Answer: 2968 thousand

Question: What is the average annual Operating leases contractual obligations for 2020-2024?
Facts: 3,686; 4,143; 7,111
Derivation: (4,143+7,111+3,686)/5
Answer: 2988 thousand

Question: What was the increase / (decrease) in the asset retirement obligation from 2021-2022 to 2022-2023?
Facts: 150; 250
Derivation: 250-150
Answer: 100 thousand

Question: What was the depreciation amount in 2019?
Facts: $2.5 million
Answer: $2.5 million

Question: What was the depreciation amount in 2018?
Facts: $2.6 million
Answer: $2.6 million

Question: What was the total amortization expense on capitalized internal-use software in 2019?
Facts: $2.5 million
Answer: $2.5 million

Question: What was the increase / (decrease) in the Furniture and equipment from 2018 to 2019?
Facts: 10,671; 11,604
Derivation: 11,604 - 10,671
Answer: 933 thousand

Question: What was the average Furniture and equipment for 2018 and 2019?
Facts: 10,671; 11,604
Derivation: (11,604 + 10,671) / 2
Answer: 11137.5 thousand

Question: What was the average leasehold improvements for 2018 and 2019?
Facts: 6,819; 6,981
Derivation: (6,981 + 6,819) / 2
Answer: 6900 thousand

Question: What was the decrease in interest income in fiscal 2018?
Facts: $64,000
Answer: $64,000

Question: What are the interest expense comprised of?
Facts: costs associated with capital leases and loans on corporate-owned life insurance policies.
Answer: costs associated with capital leases and loans on corporate-owned life insurance policies.

Question: What is the interest income in 2018?
Facts: $(98)
Answer: $(98) thousand

Question: What is  Interest (income) expressed as a percentage of  Total other (income) expense, net?
Facts: 479; 98
Derivation: -98/-479
Answer: 20.46 percent

Question: What is the average interest expense for 2017 and 2018?
Facts: 10; 15
Derivation: (10 + 15) / 2
Answer: 12.5 thousand

Question: What is the average Other (income) expense, net for 2017 and 2018?
Facts: 224; 391
Derivation: (-391 + 224) / 2
Answer: -83.5 thousand

Question: How many shares were issued from treasury in 2019?
Facts: 197,917 shares, net of 47,146 shares
Answer: 197,917 shares, net of 47,146 shares

Question: What were the number of outstanding shares at April 1, 2018?
Facts: 243,354
Answer: 243,354

Question: What was the weighted average granted date fair value per share at April 1, 2018?
Facts: $10.78
Answer: $10.78

Question: What was the difference between the granted shares and outstanding shares as at April 1, 2018?
Facts: 243,354; 265,452
Derivation: 265,452 - 243,354
Answer: 22098

Question: What is the total  Weighted-Average Grant-Date Fair Value for Outstanding at April 1, 2018?
Facts: 10.78; 243,354
Derivation:  243,354* 10.78
Answer: 2623356.12

Question: What was the difference between the vested and granted Weighted-Average Grant-Date Fair Value?
Facts: 12.74; 14.66
Derivation: 14.66-12.74
Answer: 1.92

Question: What is the adjustment made to the denominator when loss is reported?
Facts: the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of share-based compensation awards because doing so would be anti-dilutive
Answer: the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of share-based compensation awards because doing so would be anti-dilutive

Question: What calculation is used for diluted net loss per share?
Facts: basic weighted-average shares outstanding
Answer: basic weighted-average shares outstanding

Question: What was the net revenue in 2019?
Facts: 140,842
Answer: 140,842 thousand

Question: What was the increase / (decrease) in the net revenue from 2018 to 2019?
Facts: 127,360; 140,842
Derivation: 140,842 - 127,360
Answer: 13482 thousand

Question: What is the average gross profit for 2018 and 2019?
Facts: 64,417; 73,880
Derivation: (73,880 + 64,417) / 2
Answer: 69148.5 thousand

Question: What is the average operating loss for 2018 and 2019?
Facts: 12,080; 13,081
Derivation: -(13,081 + 12,080) / 2
Answer: -12580.5 thousand

Question: What was the closing price of shares on May 21, 2019?
Facts: $22.51 per share
Answer: $22.51 per share

Question: What were the number of active shareholders on May 21, 2019?
Facts: 1,561
Answer: 1,561

Question: What was the High for fourth quarter 2019 per share?
Facts: $21.17
Answer: $21.17

Question: What was the increase / (decrease) in the 2019 fourth quarter between low to high?
Facts: 13.92; 21.17
Derivation: 21.17 - 13.92
Answer: 7.25

Question: What was the average 2019 third quarter for high and low?
Facts: 13.88; 17.02
Derivation: (17.02 + 13.88) / 2
Answer: 15.45

Question: What was the increase / (decrease) in the 2019 second quarter between low and high?
Facts: 14.72; 16.72
Derivation: 16.72 - 14.72
Answer: 2

Question: What is the exercise price for stock options and SSARs?
Facts: set at least equal to the closing market price of our common shares on the date of grant
Answer: set at least equal to the closing market price of our common shares on the date of grant

Question: What was the Share-based Compensation for product development in 2019?
Facts: $1,478
Answer: $1,478 thousand

Question: What was the Share-based Compensation for sales and marketing in 2019?
Facts: 469
Answer: 469 thousand

Question: What was the increase / (decrease) in the product development Share-based Compensation from 2018 to 2019?
Facts: 1,306; 1,478
Derivation: 1,478 - 1,306
Answer: 172 thousand

Question: What was the average sales and marketing Share-based Compensation for 2017-2019?
Facts: 360; 371; 469
Derivation: (469 + 371 + 360) / 3
Answer: 400 thousand

Question: What was the average general and administrative Share-based Compensation for 2017-2019?
Facts: 2,429; 3,011; 522
Derivation: (2,429 + 3,011 + 522) / 3
Answer: 1987.33 thousand

Question: What was the provisional tax benefit in 2018?
Facts: approximately $3.3 million
Answer: approximately $3.3 million

Question: What was the adjustment against the tax act in Q3 2019?
Facts: $0.2 million
Answer: $0.2 million

Question: What are the years included in the table?
Facts: 2017; 2018; 2019
Answer: 2019; 2018; 2017

Question: What was the increase / (decrease) in the benefit for state taxes from 2018 to 2019?
Facts: 304; 642
Derivation: -304 - (- 642)
Answer: 338 thousand

Question: What was the average indefinite life assets for 2017-2019?
Facts: 102; 130; 335
Derivation: (130 + 335 + 102) / 3
Answer: 189 thousand

Question: What was the average Change in valuation allowance for 2017-2019?
Facts: 3,302; 3,328; 4,007
Derivation: (3,302 + 3,328 + 4,007) / 3
Answer: 3545.67 thousand

Question: What was the federal net operating loss carryforwards as at 31 March 2019?
Facts: $199.1 million
Answer: $199.1 million

Question: What were the minimum alternative tax credits at India subsidiary in 2019?
Facts: $0.4 million
Answer: $0.4 million

Question: What were the accrued liabilities in 2019?
Facts: $3,944
Answer: $3,944 thousand

Question: What was the average accrued liabilities for 2018 and 2019?
Facts: 2,720; 3,944
Derivation: (3,944 + 2,720) / 2
Answer: 3332 thousand

Question: What was the percentage increase / (decrease) in allowance for doubtful accounts from 2018 to 2019?
Facts: 120; 143
Derivation: 120 / 143 - 1
Answer: -16.08 percent

Question: What was the increase / (decrease) in the inventory valuation reserve from 2018 to 2019?
Facts: 20; 41
Derivation: 41 - 20
Answer: 21 thousand

Question: What was the increase in total revenue?
Facts: $13.5 million, or 10.6%
Answer: $13.5 million, or 10.6%

Question: What was the increase in the support, maintenance and subscription?
Facts: $6.4 million, or 9.3%
Answer: $6.4 million, or 9.3%

Question: What was the products expressed as a percentage of Net revenue in 2019?
Facts: 27.7%
Answer: 27.7%

Question: What was the increase / (decrease) in the percentage of professional services of revenue from 2018 to 2019?
Facts: 18.7; 19.3
Derivation: 18.7 - 19.3
Answer: -0.6 percent

Question: What was total revenue in 2018?
Facts: 10.6; 13.5
Derivation: 13.5/10.6*100
Answer: 127.36 million

Question: What was the percentage increase / (decrease) in the depreciation of fixed assets as a percentage of operating expenses from 2018 to 2019?
Facts: 1.8; 2.1
Derivation: 1.8 - 2.1
Answer: -0.3 percent

Question: What is the Net loss for 2019?
Facts: $(13,164)
Answer: $(13,164) thousand

Question: What does the table show?
Facts: the amounts used in computing loss per share and the effect on earnings and the weighted average number of shares of dilutive potential common shares
Answer: the amounts used in computing loss per share and the effect on earnings and the weighted average number of shares of dilutive potential common shares

Question: Which shares were used in calculating the diluted net loss per share?
Facts: basic weighted-average shares outstanding
Answer: basic weighted-average shares outstanding

Question: What was the increase / (decrease) in the net loss from 2018 to 2019?
Facts: 13,164; 8,350
Derivation: -13,164 - (- 8,350)
Answer: -4814 thousand

Question: What was the percentage increase / (decrease) in Weighted average shares outstanding - basic and diluted from 2018 to 2019?
Facts: 22,801; 23,037
Derivation: 23,037 / 22,801 - 1
Answer: 1.04 percent

Question: What was the average Anti-dilutive stock options, SSARs, restricted shares and performance shares for 2017-2019?
Facts: 1,004; 1,433; 756
Derivation: (1,433 + 756 + 1,004) / 3
Answer: 1064.33 thousand

Question: What is the tax impact associated with the adoption of Topic 606?
Facts: Due to the Company's full valuation allowance as of the adoption date, there is no tax impact associated with the adoption of Topic 606.
Answer: Due to the Company's full valuation allowance as of the adoption date, there is no tax impact associated with the adoption of Topic 606.

Question: What was the adjustment amount to accounts receivable, net?
Facts: 3,124
Answer: 3,124 thousand

Question: What was the adjustment amount to contract assets?
Facts: 4,583
Answer: 4,583 thousand

Question: What was the percentage change in  Accounts receivable, net after  Adjustment from Topic 606?
Facts: 16,389; 3,124
Derivation: 3,124/16,389 
Answer: 19.06 percent

Question: What was the percentage change in  Contract liabilities after  Adjustment from Topic 606?
Facts: 26,820; 7,006
Derivation: 7,006/26,820
Answer: 26.12 percent

Question: What was the percentage change in  Retained earnings after  Adjustment from Topic 606?
Facts: 103,601; 2,614
Derivation: 2,614/103,601 
Answer: 2.52 percent

Question: What was the liability related to uncertain tax position in 2019?
Facts: $0.6 million
Answer: $0.6 million

Question: What was the interest and penalties accrued in 2019?
Facts: approximately $0.5 million
Answer: approximately $0.5 million

Question: When did the statute of limitations open?
Facts: fiscal year 2012 forward in certain state jurisdictions
Answer: fiscal year 2012 forward in certain state jurisdictions

Question: What was the increase / (decrease) in the Balance at April 1 from 2018 to 2019?
Facts: 687; 988
Derivation: 687 - 988
Answer: -301 thousand

Question: What was the average relating to lapse in statute for 2017-2019?
Facts: 1; 107; 25
Derivation: -(107 + 1 + 25) / 3
Answer: -44.33 thousand

Question: What was the percentage increase / (decrease) in the balance at March 31 from 2018 to 2019?
Facts: 580; 687
Derivation: 580 / 687 - 1
Answer: -15.57 percent

Question: What is product revenue comprised of?
Facts: Products revenue is comprised of revenue from the sale of software along with third party hardware and operating systems
Answer: Products revenue is comprised of revenue from the sale of software along with third party hardware and operating systems

Question: What is the Products revenue in 2019?
Facts: $39,003
Answer: $39,003 thousand

Question: What does the table show?
Facts: revenue and costs of goods sold in three categories: • Products (hardware and software) • Support, maintenance and subscription services • Professional services
Answer: revenue and costs of goods sold in three categories: • Products (hardware and software) • Support, maintenance and subscription services • Professional services

Question: What is the increase / (decrease) in products from 2018 to 2019?
Facts: 33,699; 39,003
Derivation: 39,003 - 33,699
Answer: 5304 thousand

Question: What is the average Support, maintenance and subscription services for 2018-2019?
Facts: 69,068; 75,496
Derivation: (75,496 + 69,068) / 2
Answer: 72282 thousand

Question: What was the average Professional services for 2018-2019?
Facts: 24,593; 26,343
Derivation: (26,343 + 24,593) / 2
Answer: 25468 thousand

Question: What was the company recorded benefit resulting from the effect of reduction in rate?
Facts: $3.3 million
Answer: $3.3 million

Question: What was the benefit related to a settlement with California Franchise Tax board?
Facts: $0.4 million
Answer: $0.4 million

Question: What was the federal net operating loss carryforward at 31 March 2018?
Facts: $198.7 million
Answer: $198.7 million

Question: What was the average income tax (benefit) expense for 2017 and 2018?
Facts: 236; 3,251
Derivation: (-3,251 + 236) / 2
Answer: -1507.5 thousand

Question: What was the average effective tax rate for 2017 and 2018?
Facts: 2.1; 28.0
Derivation: -(28.0 + 2.1) / 2
Answer: -15.05 percent

Question: What was the increase / (decrease) in the effective tax rate from 2017 to 2018?
Facts: 2.1; 28.0
Derivation: -28.0 - (-2.1)
Answer: -25.9 percent

Question: What was the decrease in total revenue?
Facts: $0.3 million, or 0.2%
Answer: $0.3 million, or 0.2%

Question: What was the decrease in Professional services revenue?
Facts: $1.4 million, or 5.5%
Answer: $1.4 million, or 5.5%

Question: What was the increase in gross profit margin?
Facts: $0.6 million, or 1.0%
Answer: $0.6 million, or 1.0%

Question: What was the increase / (decrease) in the percentage of Professional services of net revenue from 2017 to 2018?
Facts: 19.3; 20.4
Derivation: 19.3 - 20.4
Answer: -1.1 percent

Question: What was total gross profit in 2017?
Facts: 0.6; 1.0
Derivation: 0.6/1.0*100
Answer: 60 million

Question: What was total gross profit in 2018?
Facts: 0.6; 1.0
Derivation: 0.6/1.0*100+0.6
Answer: 60.6 million