Source document: roper-technologies_2019

Question: What does the table show us?
Facts: the carrying value of goodwill by segment
Answer: the carrying value of goodwill by segment

Question: What was the reclassification and others in 2019 primarily due to?
Facts: tax adjustments for acquisitions in 2019 and 2018
Answer: tax adjustments for acquisitions in 2019 and 2018

Question: What were the balances of Application Software and Process Technologies on December 31, 2017, respectively?
Facts: $ 318.2; $ 4,565.4
Answer: $ 4,565.4; $ 318.2

Question: What is the total goodwill acquired in the Network Software & Systems segment from 2018 to 2019?
Facts: 1,303.6; 33.1
Derivation: 33.1+1,303.6 
Answer: 1336.7

Question: What is the proportion of balances in the Application Software and Process Technologies segments over total balances in all segments at December 31, 2018?
Facts: 312.3; 5,236.1; 9,346.8
Derivation: (5,236.1+312.3)/9,346.8 
Answer: 0.59

Question: What is the percentage change in the total balance of goodwill of the Network Software & Systems segment in 2019 compared to 2018?
Facts: 2,623.7; 3,933.5
Derivation: (3,933.5-2,623.7)/2,623.7 
Answer: 49.92 percent

Question: What are the expected amortization expenses in 2020 and 2021, respectively?
Facts: $383; $400
Answer: $400; $383

Question: What is the total net book value of other intangible assets as at December 31, 2019?
Facts: $ 4,667.7
Answer: $ 4,667.7

Question: What are the accumulated amortizations in 2018 and 2019, respectively?
Facts: $(1,386.6); $(1,752.6)
Answer: $(1,386.6); $(1,752.6)

Question: What is the percentage change in balances of net book value from 2018 to 2019?
Facts: 3,842.1; 4,667.7
Derivation: (4,667.7-3,842.1)/3,842.1 
Answer: 21.49 percent

Question: What is the proportion of the cost of software and trade names over total cost in 2018?
Facts: 172.0; 5,228.7; 7.3
Derivation: (172.0+7.3)/5,228.7 
Answer: 0.03

Question: What is the percentage change in the cost of customer-related intangible assets in 2019 compared to 2018?
Facts: 3,926.8; 4,955.4
Derivation: (4,955.4-3,926.8)/3,926.8 
Answer: 26.19 percent

Question: What were the accrued interest and penalties on December 31, 2018, and 2019, respectively?
Facts: $6.9; $8.7
Answer: $6.9; $8.7

Question: What were the ending balances of unrecognized tax benefits in fiscal 2017 and 2018, respectively?
Facts: $ 52.2; $ 63.6
Answer: $ 52.2; $ 63.6

Question: What was the addition for tax positions of prior periods in 2019?
Facts: 2.9
Answer: 2.9

Question: What is the percentage change in the beginning and ending balance of unrecognized tax benefits in 2019?
Facts: 63.6; 69.8
Derivation: (69.8-63.6)/63.6 
Answer: 9.75 percent

Question: What is the ratio of total additions to total reductions of unrecognized tax benefits during the fiscal year 2017?
Facts: 1.5; 11.2; 2.8; 24.8; 4.2
Derivation: (24.8+4.2)/(11.2+1.5+2.8) 
Answer: 1.87

Question: What is the average ending balance of unrecognized tax benefits from 2017 to 2019?
Facts: 52.2; 63.6; 69.8
Derivation: (69.8+63.6+52.2)/3 
Answer: 61.87

Question: How should we read the table in conjunction with it?
Facts: “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our Consolidated Financial Statements and related notes included in this Annual Report
Answer: “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our Consolidated Financial Statements and related notes included in this Annual Report

Question: What does the operations data consist of?
Facts: Gross profit; Income from operations; Net earnings; Net revenues
Answer: Net revenues; Gross profit; Income from operations; Net earnings

Question: How much were the total assets during fiscal years 2018 and 2019, respectively?
Facts: 15,249.5; 18,108.9
Answer: 15,249.5; 18,108.9 million

Question: What are the average net revenues from 2015 to 2019?
Facts: 3,582.4; 3,789.9; 4,607.5; 5,191.2; 5,366.8
Derivation: (5,366.8+5,191.2+4,607.5+3,789.9+3,582.4)/5 
Answer: 4507.56 million

Question: What is the percentage change in cash and cash equivalents in 2018 compared to 2015?
Facts: 364.4; 778.5
Derivation: (364.4-778.5)/778.5 
Answer: -53.19 percent

Question: What is the cost of goods sold (COGS) in 2017?
Facts: 2,864.8; 4,607.5
Derivation: 4,607.5 - 2,864.8 
Answer: 1742.7 million

Question: How does the Company determine revenues recognized in the period from contract liabilities?
Facts: we allocate revenue to the individual deferred revenue or BIE balance outstanding at the beginning of the year until the revenue exceeds that balance
Answer: we allocate revenue to the individual deferred revenue or BIE balance outstanding at the beginning of the year until the revenue exceeds that balance

Question: What were immaterial on the Company’s accounts receivable and unbilled receivables? 
Facts: Impairment losses
Answer: Impairment losses

Question: How much were the net contract assets/(liabilities), in 2019?
Facts: $ (690.5)
Answer: $ (690.5)

Question: What are the average unbilled receivables from 2018 to 2019?
Facts: 169.4; 183.5
Derivation: (183.5+169.4)/2 
Answer: 176.45 million

Question: What is the ratio of unbilled receivables to revenues in year ended December 31,2019?
Facts: 183.5; 674.2
Derivation: 183.5/674.2 
Answer: 0.27

Question: What is the percentage change in current contract liabilities in 2019 compared to 2018?
Facts: 126.7; 714.1
Derivation: -126.7/-714.1 
Answer: 17.74 percent

Question: What was the cause of growth in cash provided by operating activities in 2018 and 2019?
Facts: increased earnings net of non-cash expenses, partially offset by higher cash taxes paid in 2019, most notably cash taxes paid on the gain on sale of the Imaging businesses
Answer: increased earnings net of non-cash expenses, partially offset by higher cash taxes paid in 2019, most notably cash taxes paid on the gain on sale of the Imaging businesses

Question: How was the cash used in investing activities during 2018?
Facts: primarily for business acquisitions, most notably PowerPlan
Answer: primarily for business acquisitions, most notably PowerPlan

Question: How much was the cash provided by financing activities in 2019?
Facts: 177.0
Answer: 177.0 million

Question: Which year did operating activities provide the most cash?
Facts: 2019
Derivation: 1,461.8>1,430.1>1,234.5
Answer: 2019

Question: What is the change in cash provided by operating activities between 2018 and 2019?
Facts: 1,430.1; 1,461.8
Derivation: 1,461.8-1,430.1
Answer: 31.7 million

Question: What is the total amount of cash in 2019?
Facts: 1,296.0; 1,461.8; 177.0
Derivation: 1,461.8+(-1,296.0)+177.0 
Answer: 342.8 million

Question: How are stock options typically granted?
Facts: at prices not less than 100% of market value of the underlying stock at the date of grant
Answer: at prices not less than 100% of market value of the underlying stock at the date of grant

Question: What were the compensation expenses relating to outstanding options as a component of general and administrative expenses during 2018 and 2019, respectively?
Facts: $23.2; $32.0
Answer: $23.2; $32.0

Question: What was the weighted-average fair value of options granted in 2017, 2018, and 2019, respectively?
Facts: 40.87; 57.75; 68.05
Answer: 40.87; 57.75; 68.05

Question: What is the percentage change in the weighted-average fair value of options granted in 2019 compared to 2017?
Facts: 40.87; 68.05
Derivation: (68.05-40.87)/40.87 
Answer: 66.5 percent

Question: Which year had the highest expected dividend yield?
Facts: 2017
Derivation: 0.67>0.59>0.58
Answer: 2017

Question: What is the average weighted-average fair value of options granted from 2017 to 2019?
Facts: 40.87; 57.75; 68.05
Derivation: (68.05+57.75+40.87)/3 
Answer: 55.56

Question: How do the deferred income tax balance sheet accounts arise from?
Facts: temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes
Answer: temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes

Question: What are the components of deferred tax assets?
Facts: Inventories; Lease liability; Net operating loss carryforwards; Outside basis difference on investments held for sale; R&D credits; Reserves and accrued expenses; Valuation allowance
Answer: Reserves and accrued expenses; Inventories; Net operating loss carryforwards; R&D credits; Valuation allowance; Outside basis difference on investments held for sale; Lease liability

Question: What was the total deferred tax liabilities in 2018?
Facts: $ 1,090.2
Answer: $ 1,090.2

Question: What is the percentage change in total deferred tax assets from 2018 to 2019?
Facts: 211.3; 322.5
Derivation: (322.5-211.3)/211.3 
Answer: 52.63 percent

Question: What is the proportion of deferred tax liabilities of amortizable intangible assets as well as the accrued tax on unremitted foreign earnings over total deferred tax liabilities in 2019?
Facts: 1,229.9; 1,335.0; 17.1
Derivation: (1,229.9+17.1)/1,335.0 
Answer: 0.93

Question: What is the ratio of inventories from 2018 to 2019?
Facts: 4.3; 4.5
Derivation: 4.5/4.3 
Answer: 1.05

Question: How is basic earning per share calculated?
Facts: using net earnings and the weighted-average number of shares of common stock outstanding during the respective year
Answer: using net earnings and the weighted-average number of shares of common stock outstanding during the respective year

Question: How many outstanding stock options would have been antidilutive for fiscal years 2017 and 2018, respectively?
Facts: 0.478; 0.724
Answer: 0.478; 0.724

Question: How are the effects of potential common stock determined?
Facts: using the treasury stock method
Answer: using the treasury stock method

Question: What is the average of basic weighted-average shares outstanding from 2017 to 2019?
Facts: 102.2; 103.2; 103.9
Derivation: (103.9+103.2+102.2)/3 
Answer: 103.1

Question: What is the proportion of basic over diluted weighted-average shares outstanding in 2017?
Facts: 102.2; 103.5
Derivation: 102.2/103.5 
Answer: 0.99

Question: What is the change in Diluted weighted-average shares outstanding between 2018 and 2019?
Facts: 104.4; 105.1
Derivation: 105.1-104.4
Answer: 0.7

Question: What are the proportions of export sales from the U.S. to Asia and Europe, respectively? 
Facts: 24%; 33%
Answer: 33%; 24%

Question: What is the total net revenue from Canada in 2019?
Facts: $ 222.4
Answer: $ 222.4

Question: What is the total net revenue from the rest of the world in 2017?
Facts: 120.0
Answer: 120.0

Question: What is the percentage change in net revenue from the Middle East in 2019 compared to 2018?
Facts: 102.1; 103.6
Derivation: (103.6-102.1)/102.1 
Answer: 1.47 percent

Question: What is the proportion of net revenue from Europe and Asia over total net revenue in 2017?
Facts: 1,341.2; 325.4; 596.2
Derivation: (596.2 +325.4)/1,341.2 
Answer: 0.69

Question: What is the ratio of net revenue from the Application Software segment to the Process Technologies segment in 2018?
Facts: 264.5; 357.3
Derivation: 264.5/357.3 
Answer: 0.74

Question: What was the compensation expense related to outstanding shares of restricted stock held by employees and directors during 2019?
Facts: $72.5
Answer: $72.5

Question: How long does restricted stock grants generally vest over?
Facts: a period of 1 to 4 years
Answer: a period of 1 to 4 years

Question: What was the total unrecognized compensation expense related to nonvested awards granted during fiscal 2019?
Facts: $77.9
Answer: $77.9

Question: What is the ratio of compensation expense related to outstanding shares of restricted stock during 2018 to the total price of restricted stock shares granted between 2017 and 2018? 
Facts: 0.41; 109.7; 278.29
Derivation: 109.7/(0.41*278.29) 
Answer: 0.96

Question: What is the percentage change in the total price of nonvested shares from December 31, 2018, to 2019?
Facts: 0.709; 0.739; 225.93; 275.00
Derivation: ((0.709*275.00)-(0.739*225.93))/(0.739*225.93) 
Answer: 16.78 percent

Question: What is the total price of shares that were forfeited between 2018 and 2019?
Facts: 0.061; 225.23
Derivation: 0.061*225.23 
Answer: 13.74 million