Source document: par-technology-corp_2019

Question: Where are Inventories used?
Facts: in the manufacture and service of Restaurant/Retail products.
Answer: in the manufacture and service of Restaurant/Retail products.

Question: How much was the inventory write-downs at December 31, 2019 and 2018 respectively?
Facts: $9.6 million; $9.8 million
Answer: $9.6 million; $9.8 million

Question: What is the value of Finished Goods in 2019 and 2018 respectively?
Facts: $12,472; $8,320
Answer: $8,320; $12,472 thousand

Question: What is the change in Finished Goods between December 31, 2018 and 2019?
Facts: 12,472; 8,320
Derivation: 8,320-12,472
Answer: -4152 thousand

Question: What is the change in Component parts between December 31, 2018 and 2019?
Facts: 4,716; 6,768
Derivation: 6,768-4,716
Answer: 2052 thousand

Question: What is the average Finished Goods for December 31, 2018 and 2019?
Facts: 12,472; 8,320
Derivation: (8,320+12,472) / 2
Answer: 10396 thousand

Question: What was the adjustment recorded to decrease the fair value of the Company's contingent consideration related to the Brink Acquisition in 2018?
Facts: $0.5 million
Answer: $0.5 million

Question: How much was the net loss on rental contracts during 2019?
Facts: approximately $1.0 million
Answer: approximately $1.0 million

Question: What is the Foreign currency loss in 2019 and 2018 respectively?
Facts: $(258); $(83)
Answer: $(83); $(258) thousand

Question: What is the change in Foreign currency loss between December 31, 2018 and 2019?
Facts: 258; 83
Derivation: (83)-(258)
Answer: 175 thousand

Question: What is the change in Rental loss-net between December 31, 2018 and 2019?
Facts: 865; 996
Derivation: (996)-(865)
Answer: -131 thousand

Question: What is the average Foreign currency loss for December 31, 2018 and 2019?
Facts: 258; 83
Derivation: (83+258) / 2
Answer: 170.5 thousand

Question: When will the Federal tax credit carryforwards of $5.4 million expire?
Facts: expire in various tax years from 2028 to 2038.
Answer: expire in various tax years from 2028 to 2038.

Question: When will the Federal tax credit carryforwards of $24.5 million expire?
Facts: from 2029 through 2037
Answer: from 2029 through 2037

Question: How much is the state tax credit carryforwards and  state operating loss carryforwards respectively?
Facts: $0.3 million; $43.3 million
Answer: $0.3 million; $43.3 million

Question: What is the change in Software development costs between December 31, 2018 and 2019?
Facts: 1,219; 1,954
Derivation: 1,219-1,954
Answer: -735 thousand

Question: What is the change in Acquired intangible assets between December 31, 2018 and 2019?
Facts: 446; 676
Derivation: 446-676
Answer: -230 thousand

Question: What is the average Software development costs for December 31, 2018 and 2019?
Facts: 1,219; 1,954
Derivation: (1,219+1,954) / 2
Answer: 1586.5 thousand

Question: What was the revenue in 2019 and 2018 respectively?
Facts: $187.2 million; $201.2 million
Answer: $187.2 million; $201.2 million

Question: What was the revenue from Brink in 2019 and 2018 respectively?
Facts: 25,189; 41,689
Answer: 41,689; 25,189 thousand

Question: What was the core revenue in 2019 and 2018 respectively?
Facts: $102,877; $78,238
Answer: $78,238; $102,877 thousand

Question: What is the average Core revenue for 2018 and 2019?
Facts: 102,877; 78,238
Derivation: (78,238 + 102,877) / 2
Answer: 90557.5 thousand

Question: In which year was Brink revenue less than 40,000 thousands?
Facts: 2018
Derivation: locate and analyze Brink in row 5
Answer: 2018

Question: What percentage of total government revenue was from product sales in 2019?
Facts: 63,925; 871
Derivation: 871 / 63,925
Answer: 1.36 percent

Question: How much allowances for doubtful accounts was recorded against Restaurant/Retail segment accounts receivable at December 31, 2019 and 2018 respectively?
Facts: $1.3 million; $1.8 million
Answer: $1.8 million; $1.3 million

Question: How much was the Write-offs of accounts receivable during fiscal years 2019 and 2018 respectively?
Facts: $0.3 million; $0.4 million
Answer: $0.3 million; $0.4 million

Question: How much bad debt expense was recorded in 2019 and 2018 respectively?
Facts: $0.8 million
Answer: $0.8 million; $0.8 million

Question: What is the change in Government segment: Billed between December 31, 2018 and 2019?
Facts: 11,608; 9,100
Derivation: 11,608-9,100
Answer: 2508 thousand

Question: What is the change in Government segment: Advanced billings between December 31, 2018 and 2019?
Facts: 563; 608
Derivation: 608-563
Answer: 45 thousand

Question: What is the average Government segment: Billed for December 31, 2018 and 2019?
Facts: 11,608; 9,100
Derivation: (11,608+9,100) / 2
Answer: 10354 thousand

Question: What is the estimated useful lives of furniture and equipment?
Facts: range from three to eight years.
Answer: range from three to eight years.

Question: What was the Depreciation expense from continuing operations for 2019 and 2018 respectively?
Facts: $1.2 million; $1.5 million
Answer: $1.5 million; $1.2 million

Question: How much was the Net rent received from leases for 2019 and 2018 respectively?
Facts: $0.3 million; $0.4 million
Answer: $0.3 million; $0.4 million

Question: What is the change in Furniture and equipment between December 31, 2018 and 2019?
Facts: 10,274; 11,755
Derivation: 11,755-10,274
Answer: 1481 thousand

Question: What is the change in accumulated depreciation between December 31, 2018 and 2019?
Facts: 18,375; 19,830
Derivation: 19,830-18,375
Answer: 1455 thousand

Question: What is the average Furniture and equipment for December 31, 2018 and 2019?
Facts: 10,274; 11,755
Derivation: (11,755+10,274) / 2
Answer: 11014.5 thousand

Question: How much was the amortization of capitalized software costs in 2019?
Facts: $3.3 million
Answer: $3.3 million

Question: How much was the amortization of capitalized software costs in 2018?
Facts: $3.5 million
Answer: $3.5 million

Question: How much was the Software costs capitalized during the years ended 2019 and 2018 respectively?
Facts: $3.9 million; $4.1 million
Answer: $4.1 million; $3.9 million

Question: What is the change in Acquired and internally developed software costs from December 31, 2018 and 2019?
Facts: 18,972; 36,137
Derivation: 36,137-18,972
Answer: 17165 thousand

Question: What is the change in accumulated amortization between December 31, 2018 and 2019?
Facts: 11,708; 12,389
Derivation: 12,389-11,708
Answer: 681 thousand

Question: What is the average Acquired and internally developed software costs for December 31, 2018 and 2019?
Facts: 18,972; 36,137
Derivation: (36,137+18,972) / 2
Answer: 27554.5 thousand

Question: What was the effective income tax rate during the years ended December 31, 2019 and December 31, 2018 respectively?
Facts: (141.8)%; 18.9%
Answer: 18.9%; (141.8)%

Question: What led to the decrease in 2019 compared to statutory tax rate of 21%?
Facts: deferred tax adjustments related to foreign tax credit carryforwards and state taxes, offset by changes in the valuation allowance and excess tax benefits resulting from the exercise of non-qualified stock options.
Answer: deferred tax adjustments related to foreign tax credit carryforwards and state taxes, offset by changes in the valuation allowance and excess tax benefits resulting from the exercise of non-qualified stock options.

Question: What impacted the effective tax rate for the year ended December 31, 2018?
Facts: by recording a substantial increase in a valuation allowance on the entire deferred tax assets.
Answer: by recording a substantial increase in a valuation allowance on the entire deferred tax assets.

Question: What is the change in Non deductible expenses between December 31, 2018 and 2019?
Facts: 0.3; 0.6
Derivation: 0.3-0.6
Answer: -0.3 percent

Question: What is the change in Tax credits from December 31, 2018 and 2019?
Facts: 4.0; 4.6
Derivation: 4.0-4.6
Answer: -0.6 percent

Question: What is the average Non deductible expenses for December 31, 2018 and 2019?
Facts: 0.3; 0.6
Derivation: (0.3+0.6) / 2
Answer: 0.45 percent