Source document: globalscape-inc_2019

Question: Why did the company's weighted average shares outstanding decrease?
Facts: due to the repurchase of our outstanding common stock through a modified Dutch auction tender offer (the “Tender Offer”) and the stock repurchase program announced on October 29, 2018.
Answer: due to the repurchase of our outstanding common stock through a modified Dutch auction tender offer (the “Tender Offer”) and the stock repurchase program announced on October 29, 2018.

Question: What is the basic net income per common share in 2019?
Facts: $0.76
Answer: $0.76

Question: What is the diluted net income per common share in 2018?
Facts: $0.17
Answer: $0.17

Question: How did the company's basic weighted average shares outstanding change from 2018 to 2019?
Facts: 17,424; 20,721
Derivation: (17,424-20,721)/20,721
Answer: -15.91 percent

Question: How did the company's Denominator for diluted earnings per share change from 2018 to 2019?
Facts: 18,525; 21,017
Derivation: (18,525 - 21,017)/21,017
Answer: -11.86 percent

Question: How much more stock options and awards did the company give out in 2019 compared to 2018?
Facts: 1,101; 296
Derivation: 1,101-296
Answer: 805 thousand

Question: By how much did the firm's R&D expenditures decrease by in 2019 as compared to 2018?
Facts: 23
Answer: 23 percent

Question: What is the purpose of including "Total resources expended for R&D" in the table?
Facts: Total resources expended for R&D serves to illustrate our total corporate efforts to improve our existing products and to develop new products regardless of whether or not our expenditures for those efforts were expensed or capitalized.
Answer: Total resources expended for R&D serves to illustrate our total corporate efforts to improve our existing products and to develop new products regardless of whether or not our expenditures for those efforts were expensed or capitalized.

Question: By how much did the firm's capitalized software development costs decrease by in 2019 as compared to 2018?
Facts: 1,074; 1,276
Derivation: (1,276-1,074)/1,276
Answer: 15.83 percent

Question: What is the limitation of using total resources expensed for R&D?
Facts: Total resources expended for R&D is a non-GAAP measure not prepared in accordance with GAAP and may not be comparable to similarly titled measures of other companies since there is no standard for preparing this non-GAAP measure.
Answer: Total resources expended for R&D is a non-GAAP measure not prepared in accordance with GAAP and may not be comparable to similarly titled measures of other companies since there is no standard for preparing this non-GAAP measure.

Question: What is the difference between the R&D expensed in 2019 and 2018?
Facts: 1,355; 1,883
Derivation:  $1,355-$1,883 
Answer: -528 thousand

Question: What is the difference between the total resources expensed for R&D in 2019 and 2018?
Facts: 2,430; 3,159
Derivation: $2,430-$3,159
Answer: -729 thousand

Question: Why did the company restructure their organisation?
Facts: The Company’s goal in the restructuring is to better focus our workforce on retaining current clients, gaining incremental business from current clients, and winning new business in the market segments where we can leverage our expertise and long history as an EFT pioneer.
Answer: The Company’s goal in the restructuring is to better focus our workforce on retaining current clients, gaining incremental business from current clients, and winning new business in the market segments where we can leverage our expertise and long history as an EFT pioneer.

Question: Why was there a charge of $381,000 to the company in 2018?
Facts: We recorded a charge of $381,000 in the third quarter of 2018 relating to this reduction in force, consisting primarily of one-time severance payments and termination benefits.
Answer: We recorded a charge of $381,000 in the third quarter of 2018 relating to this reduction in force, consisting primarily of one-time severance payments and termination benefits.

Question: What percentage of the company's pre-restructuring workers were retrenched?
Facts: approximately 30% of the Company’s total pre-restructuring workforce
Answer: approximately 30% of the Company’s total pre-restructuring workforce

Question: What percentage change is the number of employees in the Sales and Marketing department from 2019 to 2020?
Facts: 38; 41
Derivation: (41-38)/38
Answer: 7.89 percent

Question: By what percentage did the number of employees in the Engineering department increase from 2019 to 2020?
Facts: 13; 9
Derivation: (13-9)/9
Answer: 44.44 percent

Question: How much was the company charged approximately for each employee that was dismissed?
Facts: 381,000; 40
Derivation: $381,000/40
Answer: 9525