tokbokki/tatqa_dataset_filter huggingface dataset:
text: In 2019 and 2018, we had pre-tax losses of $19,573 and $25,403 respectively, which are available for carry forward to offset future taxable income. We made determinations to provide full valuation allowances for our net deferred tax assets at the end of 2019 and 2018, including NOL carryforwards generated during the years, based on our evaluation of positive and negative evidence, including our history of operating losses and the uncertainty of generating future taxable income that would enable us to realize our deferred tax assets.
text: Deferred tax assets (liabilities) consist of the following:
text: In assessing the realization of deferred tax assets, management considers whether it is more likely than not that a portion of the net deferred assets will not be realized. The ultimate realization of the net deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Based on the available objective evidence, management believes it is more likely than not that the net deferred tax assets at December 31, 2019 will not be realizable. Accordingly, management has maintained a full valuation allowance against its net deferred tax assets at December 31, 2019. The net change in the total valuation allowance for the 12 months ended December 31, 2019 was an increase of $1,816.

Table:
As of
As of
December 31, 2019
December 31, 2018
Deferred tax assets:
Reserves and accruals
$62
$45
Research and development credits and other credits
1,730
1,635
Net operating loss carry forward
27,907
25,733
Stock based compensation
8,402
8,857
Other
11
26
Total deferred tax assets
38,112
36,296
Valuation allowance
(38,112)
(36,296)
Deferred tax assets after valuation allowance
—
—
Total deferred tax liability
—
—
Net deferred tax assets (liabilities)
$—
$—

Questions:
question: What is the realization of the net deferred tax assets ultimately dependent upon?
question: What is the net change in the total valuation allowance for the 12 months ended December 31, 2019?
question: What were the amount of pre-tax losses in 2018?
question: How many components does the deferred tax assets consist of?
question: What is the percentage change in the net operating loss carry forward from 2018 to 2019?
question: What is the change in Reserves and accruals between 2018 and 2019?
text: Gross Profit
text: Gross profit in fiscal year 2019 increased to $444.8 million, or 18.7 percent of net sales from $382.3 million, or 17.7 percent of net sales for fiscal year 2018. Excluding the impact of the surcharge revenue, our gross margin in fiscal year 2019 was 22.9 percent compared to 21.3 percent in fiscal year 2018. The results reflect the impact of improved product mix coupled with capacity gains and operating cost reductions compared to the same period a year ago. Fiscal year 2019 also reflects an $11.4 million benefit related to an insurance recovery in our third fiscal quarter.
text: Our surcharge mechanism is structured to recover increases in raw material costs, although in certain cases with a lag effect as discussed above. While the surcharge generally protects the absolute gross profit dollars, it does have a dilutive effect on gross margin as a percent of sales. The following represents a summary of the dilutive impact of the surcharge on gross margin. We present and discuss these financial measures because management believes removing the impact of surcharge provides a more consistent and meaningful basis for comparing results of operations from period to period. See the section “Non-GAAP Financial Measures” below for further discussion of these financial measures.

Table:
Fiscal Year
($ in millions)
2019
2018
Net sales
$2,380.2
$2,157.7
Less: surcharge revenue
438.1
365.4
Net sales excluding surcharge revenue
$1,942.1
$1,792.3
Gross profit
$444.8
$382.3
Gross margin
18.7%
17.7%
Gross margin excluding surcharge revenue
22.9%
21.3%

Questions:
question: What was the amount of gross profit in 2019?
question: How is the surcharge mechanism structured?
question: In which years was the gross margin calculated?
question: In which year was the gross margin larger?
question: What was the change in the amount of surcharge revenue from 2018 to 2019?
question: What was the percentage change in the amount of surcharge revenue from 2018 to 2019?
text: NOTE 5. INVESTMENTS AND LOANS TO SUBSIDIARIES
text: Interest relates mainly to a subsidiary and is based on the Bank of America’s prime rate with a rise of two percent points. The repayment schedule of the loan is as follows: 24 annual installments of US$2 million, starting December 31, 2018, followed by a final installment of US$5.3 million on December 31, 2043.

Table:
December 31,
2018
2019
Loans due from subsidiaries - non-current portion
46,698
45,377
Loans due from subsidiaries - current portion
2,064
2,123
Total
48,762
47,500

Questions:
question: What is the schedule of repayment of the loan?
question: What is the Loans due from subsidiaries - non-current portion for 2018 and 2019 respectively?
question: What does the table show?
question: What is the change in Loans due from subsidiaries - current portion from 2018 to 2019?
question: What is the percentage change in Loans due from subsidiaries - current portion from 2018 to 2019?
question: Which year had the higher  Total  loans due from subsidiaries?
text: 17. OTHER NON-CURRENT ASSETS
text: (1) Following the adoption of ASC 842, the balance sheet presents right-of-use-assets which mainly comprise of our office leases. This standard has been adopted under a modified retrospective transition approach as of January 1, 2019.
text: (2) Investment in OLT-O refers to our investment in an Italian incorporated unlisted company which is involved in the construction, development, operation and maintenance of a FSRU terminal to be situated off the Livorno coast of Italy, representing a 2.7% interest in OLT-O’s issued share capital. In May 2019, a major shareholder sold its shareholding which triggered a re-assessment of the carrying value of our investment in OLT-O. This resulted in an impairment charge of $7.3 million for the write down of the carrying value in our investment in OLT-O in the year ended December 31, 2019.
text: (3) "Other non-current assets" as of December 31, 2019 includes payments made for long lead items ordered in preparation for the conversion of the Viking into an FSRU. As of December 31, 2019 the aggregate carrying value of Viking long lead items was $16.2 million.
text: "Other non-current assets" as of December 31, 2018 was mainly comprised of payments made relating to long lead items ordered in preparation for the conversion of the Gimi into a FLNG vessel. Subsequent to the receipt of a Limited Notice to Proceed from BP in relation to the Greater Tortue Ahmeyim project in December 31, 2018, initial works of the FLNG conversion commenced in January 2019. Consequently, as of December 31, 2019, the aggregate carrying value of $31.0 million has been reclassified to "Asset under development" (see note 15).

Table:
(in thousands of $)
2019
2018
Oil derivative instrument (see note 24)
45,640
84,730
Operating lease right-of-use-assets (1)
9,847
—
Foreign exchange swap (see note 24)
214
—
Mark-to-market interest rate swaps valuation (see note 24)
8
6,298
Investment in OLT-O (2)
—
7,347
Other non-current assets (3)
24,700
40,729
80,409
139,104

Questions:
question: What does "Other non-current assets" in 2018 mainly represent?
question: In which years was the other non-current assets recorded for?
question: Which country is the FSRU terminal  situated at?
question: In which year was the oil derivative instrument higher?
question: What was the change in mark-to-market interest rate swaps valuation between 2018 and 2019?
question: What was the percentage change in other non-current assets between 2018 and 2019?
text: Cash Flow
text: Our cash flows from operating, investing and financing activities, as reflected in the Consolidated Statement of Cash Flows on page 71 are summarized in the table below. These amounts include the cash flows associated with the Global Financing business.
text: Net cash provided by operating activities decreased $477 million in 2019 driven by the following key factors: • An increase in cash income tax payments of $346 million; • An increase in interest payments on debt of approximately $300 million, driven by incremental debt used to fund the acquisition of Red Hat; and • Performance-related declines within net income, including lower operating cash flows due to businesses divested in 2019; partially offset by • An increase of $836 million in cash provided by financing receivables.
text: Net cash used in investing activities increased $22,023 million driven by: • An increase in net cash used for acquisitions of $32,491 million, primarily driven by the acquisition of Red Hat; offset by • An increase of $7,223 million in cash provided by net non-operating finance receivables primarily driven by the wind down of OEM IT commercial financing operations; • A decrease in cash used for net capital expenditures of $1,346 million; and • An increase in cash provided by divestitures of $1,076 million.
text: Financing activities were a net source of cash of $9,042 million in 2019 compared to a net use of cash of $10,469 million in 2018. The year-to-year increase in cash flow of $19,512 million was driven by: • An increase in net cash sourced from debt transactions of $16,584 million primarily driven by net issuances to fund the Red Hat acquisition; and • A decrease in cash used for gross common share repurchases of $3,082 million.

Table:
($ in millions)
For the year ended December 31:
2019
2018
Net cash provided by/(used in) continuing operations
Operating activities
$14,770
$15,247
Investing activities
(26,936)
(4,913)
Financing activities
9,042
(10,469)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
(167)
(495)
Net change in cash, cash equivalents and restricted cash
$(3,290)
$(630)

Questions:
question: What caused the net cash provided by operating activities to decrease?
question: What caused the Net cash used in investing activities to increase?
question: What caused the The year-to-year increase in cash flow from financing activities?
question: What was the increase / (decrease) in cash from operating activities from 2018 to 2019?
question: What was the percentage increase / (decrease) in cash from Investing activities?
question: What was the average of cash from Financing activities?
text: Expected realisation of remaining performance obligations at year end
text: The Group applies the practical expedient in paragraph 121 of IFRS 15 and does not disclose information about remaining performance obligations that have original expected durations of one year or less.
text: For contracts that exceed one year, deferred income that relates to unsatisfied or partially satisfied performance obligations at year end is expected to be recognised as revenue in the future as follows:
text: The above information represents the revenue the Group will recognise when it satisfies the remaining performance obligations in the contracts. The amounts presented do not include orders for which the Group has not performed.

Table:
2019
2018
$ million
$ million
Within one year
18.3
15.5
Greater than one year
10.3
12.7
28.6
28.2

Questions:
question: How is deferred income recognised for contracts that exceed one year?
question: What does the information in the table represent?
question: What are the different contract lengths whereby revenue will be recognised by the Group when it satisfies the remaining performance obligations in the contracts?
question: In which year was the revenue which the Group will recognise when it satisfies the remaining performance obligations in the contracts larger?
question: What was the change in the amount for contracts within one year?
question: What was the percentage change in the amount for contracts within one year?
text: The following table summarizes the potentially dilutive common shares that were excluded from diluted weighted-average common shares outstanding because including them would have had an anti-dilutive effect (in thousands):
text: Since the Company expects to settle the principal amount of its outstanding convertible senior notes in cash and any excess in cash or shares of the Company’s Class A Common Stock, the Company uses the treasury stock method for calculating any potential dilutive effect of the conversion spread on diluted net income per share, if applicable. The conversion spread will have a dilutive impact on diluted net income per share of common stock when the average market price of the Company’s Class A Common Stock for a given period exceeds the conversion price of $81.45 per share for the Notes.

Table:
Year Ended December 31,
2019
2018
2017
Shares of common stock issuable under equity incentive plans outstanding
6,832
8,943
10,806
Convertible senior notes
1,905
79
-
Potential common shares excluded from diluted net loss per share
8,737
9,022
10,806

Questions:
question: What are the respective number of convertible senior notes in 2017 and 2018?
question: What are the respective number of convertible senior notes in 2018 and 2019?
question: What are the respective number of shares of common stock issuable under equity incentive plans outstanding in 2018 and 2019?
question: What is the average number of convertible senior notes between 2017 and 2019?
question: What is the total number of shares of common stock issuable under equity incentive plans outstanding between 2017 to 2019?
question: What is the average number of potential common shares excluded from diluted net loss per share between 2017 and 2019?
text: The fair value of the derivative feature of the 127,346 and 295,945 warrants issued to the placement agent of the Company’s 2016 private offering and to a holder of its debt for debt cancellation in connection with the Merger, respectively on the issuance dates and at the balance sheet date were calculated using a Black-Scholes option model valued with the following assumptions:
text: Risk-free interest rate: The Company uses the risk-free interest rate of a U.S. Treasury Note with a similar expected term on the date of measurement.
text: Dividend yield: The Company uses a 0% expected dividend yield as the Company has not paid dividends to date and does not anticipate declaring dividends in the near future.
text: Volatility: The Company calculates the expected volatility of the stock price based on the corresponding volatility of the Company’s peer group stock price for a period consistent with the warrants’ expected term.
text: Expected term: The Company’s expected term is based on the remaining contractual maturity of the warrants.
text: During the year ended December 31, 2019 and 2018, the Company marked the derivative feature of the warrants to fair value and recorded a loss of $343,857 and a gain
of $250,241 relating to the change in fair value, respectively.

Table:
December 31, 2018
December 31, 2019
Exercise price
1.25
1.25
Risk-free interest rate
2.46%
1.59%
Dividend yield
0.00%
0.00%
Expected volatility
152%
133%
Contractual term
2.15 years
1.15 years

Questions:
question: How does the company derive the risk-free interest rate?
question: How does the company derive the dividend yield?
question: How does the company calculate the volatility of the derivatives?
question: How many warrants did the company issue altogether?
question: What is the percentage change in exercise price between 2018 and 2019?
question: What is the change in the risk-free interest rate between 2018 and 2019?
text: 12. ACCRUED LIABILITIES
text: The settlement of the deferred compensation liabilities includes the settlement with our former CFO and Executive Vice President that is payable within March 31, 2020 and payroll taxes related to this settlement and the settlement of the Executive Pension Plan with our Chairman, President & CEO. We refer to note 7 for further information.

Table:
All figures in USD ‘000 
2019
2018
Accrued Interest  
163
1,598
Accrued Expenses  
11,569
7,362
Settlement Deferred Compensation Liabilities  
3,830
-
Total as of December 31,  
15,562
8,960

Questions:
question: What are the respective accrued interest in 2018 and 2019?
question: What are the respective accrued expense in 2018 and 2019?
question: What are the respective total accrued liabilities in 2018 and 2019?
question: What is the total accrued liabilities in 2018 and 2019?
question: What is the average total accrued liabilities in 2018 and 2019?
question: What is the percentage change in total accrued liabilities in 2018 and 2019?
text: Operational Highlights
text: Altium achieved US$177.2 million in sales (a 23% increase) and US$171.8 million in product revenue (a 23% increase).
text: The Board and Systems business revenue grew to US$126.8 million with all regions reporting positive results. EMEA grew revenue to US$44.6 million, an increase of 15% and continued the transformation of its business model to direct transactional sales in key markets. The America’s achieved revenue of US$50.9 million which was a 14% growth rate. China results were outstanding with revenue at US$19.8 million, a growth rate of 37%. The Altium focus on our business in China led us to open a new sales office in Beijing and to expand our existing sales centres in Shenzhen and Shanghai. The expansion of our footprint in China will enable us to increase our penetration of the market.

Table:
Consolidated
2019
2018
Change
Product Sales
US$’000
US$’000
%
Altium Designer licenses
65,157
53,088
23%
Altium Designer subscriptions
58,959
53,701
10%
Octopart search advertising
17,940
11,968
50%
TASKING licenses
13,536
10,432
30%
TASKING maintenance
8,324
4,706
67%
Altium Nexus
6,277
3,769
67%
Service sales
3,337
4,624
(28%)
Other
3,656
2,254
62%
Total Product Sales
177,216
144,541
23%

Questions:
question: What are the segments of product sales?
question: What is the Board and Systems business revenue in 2019?
question: What is the percentage change in the total product sales from 2018 to 2019?
question: Which product sales segment had the smallest percentage change from 2018 to 2019?
question: What is the percentage of Altium Nexus in total product sales in 2018?
question: What is the percentage of "Other" in total product sales in 2019?
text: Income Tax Provision (Benefit)
text: The income tax benefit for the year ended December 31, 2019 was $12.6 million or approximately 39% of pre-tax loss compared to an income tax benefit of $6.7 million or approximately 20% of pre-tax loss for the year ended December 31, 2018.
text: The income tax benefit for the year ended December 31, 2019 primarily related to the mix of pre-tax income among jurisdictions, discrete tax benefits related to stockbased compensation, and release of certain reserves for uncertain tax positions under ASC 740-10.
text: The income tax benefit for the year ended December 31, 2018 primarily related to a partial release of our valuation allowance and the mix of pre-tax income among jurisdictions, excess tax benefits related to stock-based compensation, and release of uncertain tax positions under ASC 740-10.

Table:
Year Ended December 31,
% Change
2019
2018
2019
(dollars in thousands)
Income tax benefit
$(12,586)
$(6,653)
89%
% of pre-tax loss
39%
20%

Questions:
question: What was the respective income tax benefits in 2019 and 2018?
question: What was the income tax benefit in 2019 related to?
question: What was the % of pre-tax loss in 2019 and 2018 respectively?
question: What was the average income tax benefit for 2018 and 2019?
question: In which year was income tax benefit lower than -10,000 thousands?
question: What is the change in the % of pre-tax loss from 2018 to 2019?
text: Other Income (Expense), Net
text: Interest expense decreased $54.7 million during fiscal 2019 as compared to fiscal 2018, primarily due to elimination of the non-recourse residential financing obligations in connection with the sale of the Residential Lease Portfolio in November 2018, as well as the elimination of the sales-leaseback financing obligations in connection with the sale of the commercial sale-leaseback portfolio during the first and second quarters of fiscal 2019.
text: Interest expense increased $17.7 million in fiscal 2018 as compared to fiscal 2017 primarily due to new debt and new commercial sale-leaseback arrangements.
text: Other income increased by $119.4 million during fiscal 2019 as compared to fiscal 2018, primarily due to a $158.3 million gain on an equity investment with readily determinable fair value in fiscal 2019, as compared to a loss of $6.4 million in fiscal 2018. Additionally, gain on sale of equity investments during fiscal 2019 was $17.7 million, compared to $54.2 million in fiscal 2018.
text: Other income increased by $143.0 million in fiscal 2018 as compared to fiscal 2017. The change is primarily due to a $54.2 million gain on the sale of our equity method investments in fiscal 2018, a $73.0 million impairment charge in fiscal 2017 in our 8point3 Energy Partners LP equity investment balance due to the adoption of ASC 606 which materially increased the investment balance and consequently, led to the recognition of an other-than-temporary impairment in the first quarter of fiscal 2017.

Table:
Fiscal Year
(In thousands, except percentages)
2019
2018
2017
Interest income
$2,702
$3,057
$2,100
Interest expense
(53,353)
(108,011)
(90,288)
Other Income (expense):
Other, net
174,734
55,314
(87,645)
Other income (expense), net
$124,083
$(49,640)
$(175,833)
As a percentage of revenue
7%
(3)%
(10)%

Questions:
question: How much did interest expense change from 2018 to 2019?
question: What accounts for the change in interest expense from 2017 to 2018?
question: What was the reason for the change in other income from 2018 to 2019?
question: Which year has the lowest interest income?
question: What was the percentage change in interest expense from 2018 to 2019?
question: What was the change in other, net from 2018 to 2019?
text: Research and Development Expense
text: Research and development expense increased by $19.1 million in 2018 compared to 2017. The increase was primarily due to a $18.1 million increase in employee-related costs, which includes stock-based compensation, associated with our increased headcount from 159 employees as of December 31, 2017 to 229 employees as of December 31, 2018. The remaining increase was principally the result of a $2.9 million increase in hosting and software related cost to support research and development activities and an increase of $0.3 million in software subscription cost which was offset by a $1.0 million decrease in office related expenses to support research and development activities. A total of $7.8 million of internally-developed software costs during 2018 and $6.3 million of internally-developed software costs during 2017 were capitalized, resulting in a decrease of the expense by $1.4 million compared to 2017.

Table:
Year Ended December 31,
Change
2018
2017
$
%
(dollars in thousands)
Research and development
$ 41,305
$ 22,241
$ 19,064
85.7%
% of revenue
28%
21%

Questions:
question: What was the increase in the research and development in 2018?
question: What was the research and development in 2018 and 2017?
question: What caused the increase in research and development expense?
question: What is the average research and development expense for 2017 and 2018?
question: In which year was research and development expense less than 40,000 thousands?
question: What is the change in the % of revenue?