tokbokki/tatqa_dataset_filter huggingface dataset:
text: Provision for Income Taxes: Our effective income tax rates for each of the periods presented were the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates. In fiscal 2018, the Tax Act was signed into law. The more significant provisions of the Tax Act as applicable to us are described above under “Impacts of the U.S. Tax Cuts and Jobs Act of 2017”. refer to Note 14 of Notes to Consolidated Financial Statements included elsewhere in this Annual report for a discussion regarding the differences between the effective income tax rates as presented for the periods below and the U.S. federal statutory income tax rates that were in effect during these periods. Future effective income tax rates could be adversely affected by an unfavorable shift of earnings weighted to jurisdictions with higher tax rates, by unfavorable changes in tax laws and regulations, by adverse rulings in tax related litigation, or by shortfalls in stock-based compensation realized by employees relative to stock-based compensation that was recorded for book purposes, among others.
text: Provision for income taxes decreased in fiscal 2019 relative to fiscal 2018 primarily due to the absence of the initial accounting charges related to the Tax Act that were recorded in fiscal 2018. To a lesser extent, provision for income taxes also decreased in fiscal 2019 due to the net favorable impacts of our final accounting for the Tax Act in fiscal 2019; the net favorable impacts of the Tax Act on our tax profile during fiscal 2019; the favorable impact of a tax benefit arising from an increase in a deferred tax asset associated with a partial realignment of our legal structure in fiscal 2019; and lower income before provision for income taxes in fiscal 2019. These decreases to our provision for income taxes in fiscal 2019 relative to fiscal 2018 were partially offset both by lower excess tax benefits related to stock-based compensation expense in fiscal 2019, and by less favorable changes in net unrecognized tax benefits due to settlements with tax authorities and other events in fiscal 2019 relative to fiscal 2018.

Table:
Year Ended May 31,
Percent Change
(Dollars in millions)
2019
Actual
Constant
2018
Provision for income taxes
$1,185
-87%
-86%
$8,837
Effective tax rate
9.7%
71.1%

Questions:
question: How much was the average effective tax rate in 2018 and 2019?
answer: 40.4
derivation: (9.7+71.1) / 2 
scale: percent
question: By how much less was the provision for income taxes in 2019 compared to 2018?
answer: 7652
derivation: 8,837 - 1,185 
scale: million
question: How much was the total provision for income taxes across 2018 and 2019?
answer: 10022
derivation: 1,185 + 8,837 
scale: million
text: Plan Assets  The fair value of plan assets, summarized by level within the fair value hierarchy described in Note 20, as of May 26, 2019, was as follows:
text: Level 1 assets are valued based on quoted prices in active markets for identical securities. The majority of the Level 1 assets listed above include the common stock of both U.S. and international companies, mutual funds, master limited partnership units, and real estate investment trusts, all of which are actively traded and priced in the market.
text: Level 2 assets are valued based on other significant observable inputs including quoted prices for similar securities, yield curves, indices, etc. Level 2 assets consist primarily of individual fixed income securities where values are based on quoted prices of similar securities and observable market data.
text: Level 3 assets consist of investments where active market pricing is not readily available and, as such, fair value is estimated using significant unobservable inputs.
text: Certain assets that are measured at fair value using the NAV (net asset value) per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. Such investments are generally considered long-term in nature with varying redemption availability. For certain of these investments, with a fair value of approximately $51.0 million as of May 26, 2019, the asset managers have the ability to impose customary redemption gates which may further restrict or limit the redemption of invested funds therein. As of May 26, 2019, funds with a fair value of $4.2 million have imposed such gates.
text: As of May 26, 2019, we have unfunded commitments for additional investments of $48.3 million in private equity funds and $17.0 million in natural resources funds. We expect unfunded commitments to be funded from plan assets rather than the general assets of the Company.
text: Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)

Table:
Level 1
Level 2
Level 3
Total
Cash and cash equivalents
$0.7
$77.7
$—
$78.4
Equity securities:
U.S. equity securities
56.3
91.8
—
148.1
International equity securities
87.8
0.4
—
88.2
Fixed income securities:
Government bonds
—
748.3
—
748.3
Corporate bonds
—
2,255.5
—
2,255.5
Mortgage-backed bonds
—
31.1
—
31.1
Real estate funds
0.4
—
—
0.4
Net receivables for unsettled transactions
5.6
—
—
5.6
Fair value measurement of pension plan assets in the fair value hierarchy
$150.8
$3,204.8
$—
$3,355.6
Investments measured at net asset value
245.9
Total pension plan assets
$3,601.5

Questions:
text: 13. INCOME TAXES
text: The Company files income tax returns in the U.S. federal jurisdiction and the state of California. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2015.
text: Deferred income taxes have been provided by temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for tax purposes. To the extent allowed by GAAP, the Company provides valuation allowances against the deferred tax assets for amounts when the realization is uncertain. Included in the balances at December 31, 2019 and 2018, are no tax positions for which the ultimate deductibility is highly certain, but for which there is uncertainty about the timing of such deductibility. Because of the impact of deferred tax accounting, other than interest and penalties, the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period.
text: The Company’s policy is to recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. During the periods ended December 31, 2019 and 2018, the Company did not recognize interest and penalties.
text: The income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income from continuing operations for the year ended December 31, 2019 and 2018 due to the following:

Table:
2019
2018
Net taxable (loss) at effective tax rates
$(2,508)
$(1,567)
Stock compensation expense
119
358
Amortization of debt discount
94
10
Impairment of goodwill
-
519
Other
(223)
(153)
Valuation allowance
2,518
833
Income tax expense
$-
$-

Questions:
question: What is the valuation allowance in 2019?
answer: 2,518
question: What is the net loss at effective tax rates in 2019?
answer: 2,508
question: What is the percentage change in the net loss at effective tax rates from 2018 to 2019?
answer: 60.05
derivation: (2,508-1,567)/1,567
scale: percent
question: What is the percentage change in the stock compensation expense from 2018 to 2019?
answer: -66.76
derivation: (119-358)/358
scale: percent
question: What is the percentage change in the valuation allowance from 2018 to 2019?
answer: 202.28
derivation: (2,518-833)/833
scale: percent
text: The table below summarizes our cash flows from continuing operations activities for each of the last two fiscal years (in thousands):
text: Operating Activities. Operating cash flows increased $64.4 million in 2019 compared with 2018 primarily due to favorable changes in working capital of  $37.0 million, primarily due to lower income tax payments of$41.3 million, and higher net income adjusted for non-cash items of $27.3 million
text: Pension and Postretirement Contributions — Our policy is to fund our pension plans at or above the minimum required by law. As of January 1, 2019, the date of our last actuarial funding valuation for our qualified pension plan, there was no minimum contribution funding requirement. In 2019 and 2018, we contributed $6.2 million and $5.5 million, respectively, to our pension and postretirement plans. We do not anticipate making any contributions to our qualified defined benefit pension plan in fiscal 2020. For additional information, refer to Note 12, Retirement Plans, of the notes to the consolidated financial statements.

Table:
2019
2018
Total cash provided by (used in) continuing operations:
Operating activities
$168,405
$104,055
Investing activities
(13,819)
65,661
Financing activities
(5,730)
(445,529)
Net increase (decrease) in cash from continuing operations
$148,856
$(275,813)

Questions:
question: What is the average of the cash flows for operating activities for 2018 and 2019?
answer: 136230
derivation: ($168,405 + $104,055)/2
scale: thousand
question: What is the difference in cash flows for investing activities between 2018 and 2019?
answer: 79480
derivation: $65,661 + $13,819 
scale: thousand
question: What is the percentage change in cash flows from operating activities from 2018 to 2019?
answer: 61.84
derivation: ($168,405 - $104,055)/$104,055 
scale: percent
text: Restricted Share Awards
text: Restricted share awards, which are generally in the form of restricted share units, are granted subject to certain restrictions. Conditions of vesting are determined at the time of grant. All restrictions on an award will lapse upon death or disability of the employee. If the employee satisfies retirement requirements, a portion of the award may vest, depending on the terms and conditions of the particular grant. Recipients of restricted share units have no voting rights, but do receive dividend equivalents. For grants that vest through passage of time, the fair value of the award at the time of the grant is amortized to expense over the period of vesting. The fair value of restricted share awards is determined based on the closing value of our shares on the grant date. Restricted share awards generally vest in increments over a period of four years as determined by the management development and compensation committee.
text: Restricted share award activity was as follows:
text: The weighted-average grant-date fair value of restricted share awards granted during fiscal 2019, 2018, and 2017 was $77.77, $93.45, and $67.72, respectively.
text: The total fair value of restricted share awards that vested during fiscal 2019, 2018, and 2017 was $48 million, $50 million, and $50 million, respectively.
text: As of fiscal year end 2019, there was $64 million of unrecognized compensation expense related to nonvested restricted share awards, which is expected to be recognized over a weighted-average period of 1.7 years.

Table:
Shares
Weighted-Average Grant-Date Fair Value
Nonvested at fiscal year end 2018
1,631,470
$  75.39
Granted
692,899
77.77
Vested
(689,040)
70.31
Forfeited
(232,910)
78.80
Nonvested at fiscal year end 2019
1,402,419
$  78.36

Questions:
question: What was the change in the Weighted-Average Grant-Date Fair Value for nonvested shares in 2019 from 2018?
answer: 2.97
derivation: $78.36-$75.39
question: What was the percentage change in the Weighted-Average Grant-Date Fair Value for nonvested shares in 2019 from 2018?
answer: 3.94
derivation: ($78.36-$75.39)/$75.39
scale: percent
text: Financing receivables primarily consist of client loan and installment payment receivables (loans), investment in sales-type and direct financing leases, and commercial financing receivables. Client loan and installment payment receivables (loans) are provided primarily to clients to finance the purchase of hardware, software and services.
text: Payment terms on these financing arrangements are generally for terms up to seven years. Client loans and installment payment financing contracts are priced independently at competitive market rates. Investment in sales-type and direct financing leases relates principally to the company’s Systems products and are for terms ranging generally from two to six years.
text: Commercial financing receivables relate primarily to inventory and accounts receivable financing for dealers and remarketers of IBM and OEM products. Payment terms for inventory and accounts receivable financing generally range from 30 to 90 days.

Table:
($ in millions)
At December 31, 2019:
Investment in Sales-Type and Direct Financing Leases
Commercial Financing Receivables
Client Loan and Installment Payment Receivables/ (Loans)
Total
Financing receivables, gross
$6,077
$3,836
$13,592
$23,504
Unearned income
(509)
(4)
(570)
(1,083)
Recorded investment
$5,567
$3,831
$13,022
$22,421
Allowance for credit losses
(72)
(11)
(138)
(221)
Unguaranteed residual value
652
—
—
652
Guaranteed residual value
53
—
—
53
Total financing receivables, net
$6,199
$3,820
$12,884
$22,904
Current portion
$2,334
$3,820
$ 8,037
$14,192
Noncurrent portion
$3,865
$      —
$ 4,847
$ 8,712

Questions:
question: What is the average of Total financing receivables, net?
answer: 7634.33
derivation: (6,199+3,820+12,884) / 3
scale: million
question: What is the average of Unearned income?
answer: 361
derivation: 1,083/ 3
scale: million
question: What is the average of Recorded investment?
answer: 7473.33
derivation: (5,567+3,831+13,022) / 3
scale: million
text: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
text: Market risk is the risk of loss related to adverse changes in market prices, including interest rates and foreign exchange rates, of financial instruments. We are exposed to various types of market risks, including changes in interest rates and foreign currency exchange rates, in the normal course of business.
text: We use financial instruments, including variable rate debt and swaps and foreign exchange spot transactions, to manage risks associated with our interest rate and foreign currency exposures through a controlled program of risk management in accordance with established policies. These policies are reviewed and approved by our board of directors and stockholders’ meeting. Our treasury operations are subject to internal audit on a regular basis. We do not hold or issue derivative financial instruments for speculatively purposes.
text: Since export sales are primarily conducted in U.S. dollars, we had U.S. dollar-denominated accounts receivable of US$626 million as of December 31, 2019. As of the same date, we also had Japanese Yen-denominated accounts receivable of ¥14,266 million attributable to our Japanese operations and Renminbi-denominated accounts receivable of RMB¥710 million attributable to our China operations. We had U.S. dollar-, Japanese Yen- and Renminbi-denominated accounts payables of US$128 million, ¥7,193 million and RMB¥262 million, respectively, as of December 31, 2019.
text: Our primary market risk exposures relate to interest rate movements on borrowings and exchange rate movements on foreign currency denominated accounts receivable, capital expenditures relating to equipment used in manufacturing processes (including lithography, etching and chemical vapor deposition) and purchased primarily from Europe, Japan and the United States.
text: The following table provides information as of December 31, 2019 on our market risk sensitive financial instruments.

Table:
As of December 31, 2019
Carrying Amount
Fair Amount
(in NT$ millions)
Time Deposits: Non-Trading Purpose
62,320
62,320
Short-term Loans: Non-Trading Purpose
12,015
12,015
Bonds: Non-Trading Purpose
38,781
39,572
Long-term Loans: Non-Trading Purpose
33,902
33,902

Questions:
question: What were the Time Deposits: Non-Trading Purpose carrying amount?
answer: 62,320
scale: million
question: What is the difference in Time Deposits: Non-Trading Purpose between Carrying Amount and Fair Amount?
answer: 0
derivation: 62,320 - 62,320
scale: million
question: What is the difference between Bonds: Non-Trading Purpose Carrying Amount and Fair Amount?
answer: -791
derivation: 38,781 - 39,572
scale: million
question: What is the percentage increase / (decrease) of the Long-term Loans: Non-Trading Purpose Carrying Amount versus the Fair Amount?
answer: 0
derivation: 33,902 / 33,902 - 1
scale: percent
text: A summary of additions and deductions related to the allowance for doubtful accounts for the years ended March 31, 2019, 2018 and 2017 follows (amounts in millions):
text: (1) Deductions represent uncollectible accounts written off, net of recoveries.

Table:
Balance at Beginning of Year
Additions Charged to Costs and Expenses
Deductions (1)
Balance at End of Year
Allowance for doubtful accounts:
Fiscal 2019
$2.2
$—
$(0.2)
$2.0
Fiscal 2018
$2.1
$0.2
$(0.1)
$2.2
Fiscal 2017
$2.5
$0.2
$(0.6)
$2.1

Questions:
text: NOTE 10 – COMMON STOCK PURCHASE WARRANTS
text: Our warrant activity during the years ended December 31, 2019 and 2018 is shown below (in thousands except price data):
text: In connection with the issuance of the $10.0 million secured promissory notes in December 2013, we issued common stock purchase warrants (“warrants”) exercisable for 60 thousand shares of our common stock having an exercise price of $2.52 per share (after giving effect to our one-for-five reverse stock split) with an expiration date in December 2020. These warrants contain a cashless exercise feature (See Note 7).
text: As part of our July 2017 private placement transaction with Mr. Schutte, we issued warrants to purchase 1,782,531 shares of our common stock. The warrants are immediately exercisable at a price of $0.528 per share and expire five years after issuance (See Note 8). We have assigned a relative fair value of $495 thousand to the warrants out of the total $4.0 million proceeds from the private placement transaction and have accounted for these warrants as equity.
text: On June 28, 2019 as part of the changes made to the loan agreements we had with Mr. Schutte, each having an original due date of January 2, 2020, we issued to him a warrant to purchase 10.0 million shares of our common stock exercisable at a price of $0.01 per share and expire five years after issuance. We obtained a valuation of fair value on the warrant and $1.145 million was allocated to the warrant and accounted for as equity. (see Note 7 and Note 8). The warrant was assigned and transferred by Mr. Schutte to AD Pharma on June 28, 2019.

Table:
December 31,
2019
2018
WAvg
WAvg
Exercise
Exercise
Number
Price
Number
Price
Outstanding, Jan. 1
1,842
$0.59
1,842
$0.59
Issued
10,000
0.01
-
-
Exercised
-
-
-
-
Expired
-
-
-
-
Modification
-
-
-
-
Outstanding, Dec. 31
11,842
0.10
1,842
$0.59

Questions:
question: What is the difference between the ending outstanding common stock purchase warrants in 2018 and 2019? 
answer: 0.49
derivation: 0.59 - 0.1 
question: What is the percentage increase in ending outstanding common stock purchase warrants from 2018 to 2019?
answer: 542.89
derivation: 10,000 / 1,842 
scale: percent
question: How much was the percentage decrease in ending price of outstanding common stock purchase warrants from 2018 to 2019?
answer: 83.05
derivation: (0.59 - 0.10) / 0.59 
scale: percent
text: 2. Other operating income
text: Gains from the disposal of fixed assets and gains from the reversal of impairment losses includes €354 million of income from the disposal of real estates (2017/18: €137 million) and €5 million of income from reversal of impairment losses (2017/18: €4 million). Project developments and sale-and-leaseback transactions contributed to the real estate transactions.
text: The income from logistics services provided by METRO LOGISTICS to companies intended for disposal and non-group companies is offset by expenses from logistics services, which are reported under other operating expenses.
text: The other operating income includes cost allocations and cost shares as well as a great number of insignificant individual items.
text: Disclosures on companies intended for sale can be found under no. 43 – discontinued business sectors page 266 .

Table:
€ million
2017/2018
2018/2019
Gains from the disposal of fixed assets and gains from the reversal of impairment losses
145
360
Income from logistics services
285
257
Services
251
250
Rents incl. reimbursements of subsidiary rental costs
268
236
Services rendered to suppliers
111
103
Miscellaneous
211
198
1,271
1,405

Questions:
question: In which year was the amount of Services larger?
answer: 2017/2018
derivation: 251>250
question: What was the change in Miscellaneous in 2018/2019 from 2017/2018?
answer: -13
derivation: 198-211
scale: million
question: What was the percentage change in Miscellaneous in  2018/2019 from 2017/2018?
answer: -6.16
derivation: (198-211)/211
scale: percent
text: 9 Profit / (loss) on Ordinary Activities
text: The profit (2018: loss) on ordinary activities before taxation is stated after charging:

Table:
Year-ended 31 March 2019
Year-ended 31 March 2018 Restated See note 2
$M
$M
Depreciation of property, plant and equipment
11.8
11.6
Amortisation of intangible assets
16.9
25.2
Research and development expenditure
(143.9)
(140.3)
Operating lease rentals:
Property
14.0
12.5
Other
1.6
1.6
Pension scheme contributions
8.9
8.4
Impairment of trade receivables
0.6
0.6
Net foreign currency differences
(1.5)
6.9

Questions:
question: What was the amount of Depreciation of property, plant and equipment in 2019?
answer: 11.8
scale: million
question: What are the components under Operating lease rentals in the table?
answer: Property
Other
question: In which year was the amount of Property larger?
answer: 2019
derivation: 14.0>12.5
question: What was the change in the amount of Property in 2019 from 2018?
answer: 1.5
derivation: 14.0-12.5
scale: million
question: What was the percentage change in the amount of Property in 2019 from 2018?
answer: 12
derivation: (14.0-12.5)/12.5
scale: percent