Source document: pegasystems-inc_2019

Question: What are the company's respective gross profit from software license in 2019 and 2018?
Facts: $275,792; $282,950
Answer: $275,792; $282,950 thousand

Question: What are the company's respective gross profit from maintenance in 2019 and 2018?
Facts: 239,310; 254,924
Answer: 254,924; 239,310 thousand

Question: What are the company's respective gross profit from cloud in 2019 and 2018?
Facts: 45,218; 67,918
Answer: 67,918; 45,218 thousand

Question: What is the company's average revenue from software license between 2018 and 2019?
Facts: 275,792; 282,950
Derivation: (282,950 + 275,792)/2 
Answer: 279371 thousand

Question: What is the company's average revenue from maintenance between 2018 and 2019?
Facts: 239,310; 254,924
Derivation: (239,310 + 254,924)/2 
Answer: 247117 thousand

Question: What is the company's average revenue from cloud between 2018 and 2019?
Facts: 45,218; 67,918
Derivation: (67,918 + 45,218)/2 
Answer: 56568 thousand

Question: Where are investments in privately-held companies classified under?
Facts: Included in other long-term assets
Answer: Included in other long-term assets

Question: What are the respective Level 1 and Level 2 cash equivalents as at December 31, 2018?
Facts: $10,000; $10,155
Answer: $10,155; $10,000

Question: What are the respective Level 2 municipal and corporate bonds as at December 31, 2018?
Facts: $44,705; $48,296
Answer: $44,705; $48,296

Question: What is the value of Level 1 cash equivalents as a percentage of the total cash equivalents?
Facts: 10,155; 20,155
Derivation: 10,155/20,155 
Answer: 50.38 percent

Question: What is the value of Level 2 municipal bonds as a percentage of the total municipal bonds?
Facts: 44,705
Derivation: 44,705/44,705 
Answer: 100 percent

Question: What is the value of municipal bonds as a percentage of the total marketable securities?
Facts: 44,705; 93,001
Derivation: 44,705/93,001 
Answer: 48.07 percent

Question: What are the respective goodwill amounts in 2015 and 2016?
Facts: $46,776; $73,164
Answer: $46,776; $73,164 thousand

Question: What are the respective goodwill amounts in 2016 and 2017?
Facts: $72,952; $73,164
Answer: $73,164; $72,952 thousand

Question: What are the respective goodwill amounts in 2018 and 2019?
Facts: $72,858; $79,039
Answer: $72,858; $79,039 thousand

Question: What is the average total cash, cash equivalents, and marketable securities in 2015 and 2016?
Facts: 133,761; 219,078
Derivation: ($219,078 + $133,761)/2 
Answer: 176419.5 thousand

Question: What is the percentage change in the company's goodwill between 2017 and 2018?
Facts: 72,858; 72,952
Derivation: (72,858 - 72,952)/72,952 
Answer: -0.13 percent

Question: What is the percentage change in the company's goodwill between 2018 and 2019?
Facts: 72,858; 79,039
Derivation: (79,039 - 72,858)/72,858 
Answer: 8.48 percent

Question: What are the respective number of shares purchased in October and November 2019?
Facts: 108; 24
Answer: 24; 108 thousand

Question: What are the respective number of shares purchased in November and December 2019?
Facts: 108; 144
Answer: 108; 144 thousand

Question: What is the total number of shares purchased in the three months ended December 31, 2019?
Facts: 276
Answer: 276 thousand

Question: What is the average number of shares purchased in the three months ended December 31, 2019?
Facts: 108; 144; 24
Derivation: (24 + 108 + 144)/3 
Answer: 92 thousand

Question: What percentage of the total shares purchased in the last three months of 2019 are bought in November?
Facts: 108; 276
Derivation: 108/276 
Answer: 39.13 percent

Question: What is the difference in the number of shares bought between October and November?
Facts: 108; 24
Derivation: 108-24 
Answer: 84 thousand

Question: How is revenue from cloud arrangements recognised?
Facts: recognized over the service period
Answer: recognized over the service period

Question: How is revenue from term and perpetual license arrangements recognised?
Facts: recognized upfront when the license rights become effective
Answer: recognized upfront when the license rights become effective

Question: What can the increase in maintenance revenue in 2019 be primarily attributed to?
Facts: the continued growth in the aggregate value of the installed base of our software and strong renewal rates in excess of 90%
Answer: the continued growth in the aggregate value of the installed base of our software and strong renewal rates in excess of 90%

Question: What is the percentage change in revenue from Cloud services between 2018 and 2019?
Facts: 133,746; 82,627
Derivation: (133,746 - 82,627)/82,627 
Answer: 61.87 percent

Question: What is the percentage change in revenue from term license between 2018 and 2019?
Facts: 178,256; 199,433
Derivation: (199,433 - 178,256)/178,256 
Answer: 11.88 percent

Question: What is the percentage change in revenue from maintenance between 2018 and 2019?
Facts: 263,875; 280,580
Derivation: (280,580 - 263,875)/263,875 
Answer: 6.33 percent

Question: What are the respective loss before income tax benefits in 2018 and 2019?
Facts: 11,543; 134,846
Answer: 11,543; 134,846 thousand

Question: What are the respective domestic and foreign income before income taxes in 2017?
Facts: 28,742; 57,493
Answer: 57,493; 28,742 thousand

Question: What are the respective domestic and foreign losses before income tax benefits in 2019?
Facts: 51,396; 83,450
Answer: 51,396; 83,450 thousand

Question: What is the average loss from domestic and foreign sources in 2019?
Facts: 51,396; 83,450
Derivation: (51,396 + 83,450)/2
Answer: 67423 thousand

Question: What is the average loss made by the company in 2018 and 2019?
Facts: 11,543; 134,846
Derivation: (11,543 + 134,846)/2 
Answer: 73194.5 thousand

Question: What is the percentage change in income from foreign sources between 2017 and 2018?
Facts: 15,951; 28,742
Derivation: (15,951 - 28,742)/28,742 
Answer: -44.5 percent

Question: What does unbilled receivables refer to?
Facts: Unbilled receivables are client committed amounts for which revenue recognition precedes billing
Answer: Unbilled receivables are client committed amounts for which revenue recognition precedes billing

Question: What are the respective unbilled receivables within 1 year or less and within 1-2 years?
Facts: 180,219; 91,132
Answer: 180,219; 91,132 thousand

Question: What are the respective unbilled receivables within 1-2 years and within 2-5 years?
Facts: 30,604; 91,132
Answer: 91,132; 30,604 thousand

Question: What is the total unbilled receivables due within 2 years?
Facts: 180,219; 91,132
Derivation: 180,219 + 91,132 
Answer: 271351 thousand

Question: What is the total unbilled receivables due between 1 to 5 years?
Facts: 30,604; 91,132
Derivation: 91,132 + 30,604 
Answer: 121736 thousand

Question: What is the value of the unbilled receivables due within 2-5 years as a percentage of the unbilled receivables due within 1 year?
Facts: 180,219; 30,604
Derivation: 30,604/180,219 
Answer: 16.98 percent

Question: What is excluded from the company's net operating losses calculations? 
Facts: federal and state net operating losses of $60.2 million and $0.8 million, respectively, from prior acquisitions that the Company expects will expire unutilized
Answer: federal and state net operating losses of $60.2 million and $0.8 million, respectively, from prior acquisitions that the Company expects will expire unutilized

Question: What is excluded from the company's credit carryforward calculations? 
Facts: federal and state tax credits of $0.1 million and $8.3 million, respectively, that the Company expects will expire unutilized
Answer: federal and state tax credits of $0.1 million and $8.3 million, respectively, that the Company expects will expire unutilized

Question: What is the company's reduction in provision for income taxes arising from its income tax holiday in 2019 and 2018 respectively?
Facts: $1.3 million; $1.9 million
Answer: $1.9 million; $1.3 million

Question: What is the difference between the company's federal and state net operating losses?
Facts: 120,722; 3,337
Derivation: 120,722 - 3,337 
Answer: 117385 thousand

Question: What is the total federal and state credit carryforwards?
Facts: 1,958; 8,202
Derivation: 1,958 + 8,202 
Answer: 10160 thousand

Question: What is the average federal and state credit carryforwards due to acquisitions?
Facts: 227; 640
Derivation: (640 + 227)/2 
Answer: 433.5 thousand

Question: When did the company announce that the Board of Directors extended the expiration date of the current stock repurchase program?
Facts: March 15, 2019
Answer: March 15, 2019

Question: What were the amounts that the company is authorised to repurchase in 2019 and 2018 respectively?
Facts: $27,003; $60,000
Answer: $60,000; $27,003 thousand

Question: What were the respective amounts of stock repurchases made by the company as at January 1, 2018 and 2019 respectively?
Facts: $34,892; $6,620
Answer: $34,892; $6,620 thousand

Question: What is the value of stock repurchases as at January 1, 2019 as a percentage of the stock repurchases as at January 1, 2018?
Facts: 34,892; 6,620
Derivation: 6,620/34,892 
Answer: 18.97 percent

Question: What is the average stock repurchases as at January 1, 2017 and 2018?
Facts: 34,892; 39,385
Derivation: (39,385 + 34,892)/2 
Answer: 37138.5 thousand

Question: What is the percentage change in stock repurchases authorizations made in 2018 and 2019?
Facts: 27,003; 60,000
Derivation: (60,000 - 27,003)/27,003 
Answer: 122.2 percent

Question: What is the change in deferred revenue in the year ended December 31, 2019 primarily due to?
Facts: new billings in advance of revenue recognition, partially offset by revenue recognized during the period that was included in deferred revenue at December 31, 2018
Answer: new billings in advance of revenue recognition, partially offset by revenue recognized during the period that was included in deferred revenue at December 31, 2018

Question: What are contract assets and long-term contract assets respectively classified under?
Facts: other current assets; other long-term assets
Answer: other current assets; other long-term assets

Question: What are long-term deferred revenue respectively classified under?
Facts: other long-term liabilities
Answer: other long-term liabilities

Question: What is the percentage change in contract assets between 2018 and 2019?
Facts: 3,711; 5,558
Derivation: (5,558 - 3,711)/3,711 
Answer: 49.77 percent

Question: What is the percentage change in long-term contract assets between 2018 and 2019?
Facts: 2,543; 5,420
Derivation: (5,420 - 2,543)/2,543 
Answer: 113.13 percent

Question: What is the percentage change in long-term deferred revenue between 2018 and 2019?
Facts: 5,344; 5,407
Derivation: (5,407 - 5,344)/5,344 
Answer: 1.18 percent

Question: What are the respective values for maintenance in 2018 and 2019?
Facts: $269,708; $292,696
Answer: $269,708; $292,696 thousand

Question: What are the respective values for Term in 2018 and 2019?
Facts: 190,349; 231,267
Answer: 190,349; 231,267 thousand

Question: What are the respective values for total ACV in 2018 and 2019?
Facts: $570,030; $693,292
Answer: $570,030; $693,292 thousand

Question: What is the percentage change in the maintenance values between 2018 and 2019?
Facts: 269,708; 292,696
Derivation: (292,696 - 269,708)/269,708 
Answer: 8.52 percent

Question: What is the value of Client Cloud as a percentage of the total ACV in 2019?
Facts: 523,963; 693,292
Derivation: 523,963/693,292 
Answer: 75.58 percent

Question: What is the value of Pega Cloud as a percentage of the total ACV in 2019?
Facts: 169,329; 693,292
Derivation: 169,329/693,292 
Answer: 24.42 percent

Question: What are the company's respective stock-based compensation for  cost of revenues in 2019 and 2018?
Facts: $16,862; $18,822
Answer: $18,822; $16,862 thousand

Question: What are the company's respective stock-based compensation for selling and marketing in 2019 and 2018?
Facts: 23,237; 32,665
Answer: 32,665; 23,237 thousand

Question: What are the company's respective stock-based compensation for research and development in 2019 and 2018?
Facts: 15,274; 18,938
Answer: 18,938; 15,274 thousand

Question: What is the company's average stock-based compensation for the cost of revenue between 2017 to 2019?
Facts: 14,573; 16,862; 18,822
Derivation: ($14,573 + $16,862 + $18,822)/3 
Answer: 16752.33 thousand

Question: What is the company's average stock-based compensation for selling and marketing in 2018 and 2019?
Facts: 23,237; 32,665
Derivation: (23,237 + 32,665)/2 
Answer: 27951 thousand

Question: What is the company's average stock-based compensation for research and development in 2018 and 2019?
Facts: 15,274; 18,938
Derivation: (18,938 + 15,274)/2
Answer: 17106 thousand

Question: What are the respective revenue from perpetual license in 2015 and 2016?
Facts: 145,053; 166,305
Answer: 166,305; 145,053 thousand

Question: What are the respective revenue from perpetual license in 2016 and 2017?
Facts: 132,883; 145,053
Answer: 145,053; 132,883 thousand

Question: What are the respective revenue from perpetual license in 2018 and 2019?
Facts: 109,863; 80,015
Answer: 109,863; 80,015 thousand

Question: What is the percentage change in the revenue earned from term license between 2015 and 2016?
Facts: 109,283; 152,231
Derivation: (152,231 - 109,283)/109,283 
Answer: 39.3 percent

Question: What is the percentage change in the revenue earned from perpetual license between 2018 and 2019?
Facts: 109,863; 80,015
Derivation: (80,015 - 109,863)/109,863 
Answer: -27.17 percent

Question: What is the total revenue earned from maintenance in 2017 and 2018?
Facts: 242,320; 263,875
Derivation: 242,320 + 263,875 
Answer: 506195 thousand