tokbokki/tatqa_dataset_filter huggingface dataset:
text: PSU plan
text: The Corporation also offers a Performance Share Unit ("PSU") Plan for the benefit of its executive officers and designated employees. The objectives of the PSU Plan are to retain executive officers and designated employees, to align their interests with those of the shareholders and to sustain positive corporate performance, as measured by an economic value creation formula, a performance measure used by management.
text: The number of PSUs is based on the dollar value of the award and the average closing stock price of the Corporation for the previous twelve month period ending August 31. The PSUs vest over a three-year less one day period, based on the level of increase in the economic value of the Corporation or the relevant subsidiary for the preceding three-year period ending August 31, meaning that no vesting will occur if there is no increase in the economic value.
text: The participants are entitled to receive dividend equivalents in the form of additional PSUs but only with respect to vested PSUs. PSUs are redeemable in case of death, permanent disability, normal retirement or termination of employment not for cause, in which cases, the holder of PSUs is entitled to payment of the PSUs in proportion to the time of employment from the date of the grant to the date of termination versus the three-year less one day vesting period.
text: A trust was created for the purpose of purchasing these shares on the stock market in order to protect against stock price fluctuation and the Corporation instructed the trustee to purchase subordinate voting shares of the Corporation on the stock market. These shares are purchased and are held in trust for the participants until they are fully vested. The trust, considered as a special purpose entity, is consolidated in the Corporation’s financial statements with the value of the acquired subordinate voting shares held in trust under the PSU Plan presented in reduction of share capital.
text: Under the PSU Plan, the following PSUs were granted by the Corporation and are outstanding at August 31: Years ended August 31, 2019
text: (1) For the year ended August 31, 2019, the Corporation granted 14,625 (19,025 in 2018) PSUs to Cogeco's executive officers as executive officers of the Corporation.
text: A compensation expense of $1,400,000 ($2,198,000 in 2018) was recorded for the year ended August 31, 2019 related to this plan.

Table:
Years ended August 31,
2019
2018
Outstanding, beginning of the year
133,181
115,207
Granted (1)
45,800
65,525
Performance-based additional units granted
200
2,639
Distributed
(43,319)
(41,441)
Cancelled
(31,889)
(12,184)
Dividend equivalents
3,578
3,435
Outstanding, end of the year
107,551
133,181

Questions:
question: What is the increase / (decrease) in the granted from 2018 to 2019?
answer: -19725
derivation: 45,800 - 65,525
question: What is the average Performance-based additional units granted from 2018 to 2019?
answer: 1419.5
derivation: (200 + 2,639) / 2
question: What is the average distributed from 2018 to 2019?
answer: -42380
derivation: -(43,319 + 41,441) / 2
text: Revenues
text: Revenues for our reportable segments were as follows:
text: The increase in Semiconductor Test revenues of $60.2 million, or 4%, from 2018 to 2019 was driven primarily by an increase in semiconductor tester sales for 5G infrastructure and image sensors and higher service revenue, partially offset by a decrease in sales in the automotive and analog test segments.
text: The increase in Industrial Automation revenues of $36.6 million, or 14%, from 2018 to 2019 was primarily due to higher demand for collaborative robots. The MiR acquisition was completed in April 2018.
text: The increase in System Test revenues of $71.4 million, or 33%, from 2018 to 2019 was primarily due to higher sales in Storage Test of 3.5” hard disk drive testers, higher sales in Defense/Aerospace test instrumentation and systems, and higher sales in Production Board Test from higher 5G demand.
text: The increase in Wireless Test revenues of $25.3 million, or 19%, from 2018 to 2019 was primarily due to higher demand for millimeter wave and cellular test products driven by new wireless standards and 5G, partially offset by lower sales in connectivity test products and services.

Table:
2019
2018
2018-2019 Dollar Change
(in millions)
Semiconductor Test
$1,552.6
$1,492.4
$60.2
Industrial Automation
298.1
261.5
36.6
System Test
287.5
216.1
71.4
Wireless Test
157.3
132.0
25.3
Corporate and Other
(0.5)
(1.2)
0.7
$2,295.0
$2,100.8
$194.2

Questions:
question: In which year was Wireless Test larger?
answer: 2019
derivation: 157.3>132.0
question: What was the average revenue from System Test in 2018 and 2019?
answer: 251.8
derivation: (287.5+216.1)/2
scale: million
question: What was the average total revenue in 2018 and 2019?
answer: 2197.9
derivation: (2,295.0+2,100.8)/2
scale: million
text: Cubic Global Defense
text: Sales: CGD sales decreased 2% to $317.9 million in 2019 compared to $325.2 million in 2018. The timing of sales recognition was impacted by the adoption of ASC 606. Under ASC 606, a number of our CGD contracts, most significantly in air combat training and ground live training, for which revenue was historically recorded upon delivery of products to the customer, are now accounted for on the percentage-of-completion cost-to-cost method of revenue recognition. For fiscal 2019, sales were lower from air combat training systems, simulation product development contracts, and international services contracts, partially offset by higher sales from ground combat training systems. The average exchange rates between the prevailing currencies in our foreign operations and the U.S. dollar resulted in a decrease in CGD sales of $3.2 million for 2019 compared to 2018.
text: Amortization of Purchased Intangibles: Amortization of purchased intangibles included in the CGD results amounted to $0.6 million in 2019 and $1.1 million in 2018.
text: Operating Income: CGD operating income increased by 39% to $23.0 million in 2019 compared to $16.6 million in 2018. For fiscal 2019, operating profits improved primarily due to the results of cost reduction efforts, including headcount reductions designed to optimize our cost position, and reduced R&D expenditures. Operating profits were higher from increased sales of ground combat training system sales but were lower on decreased sales from air combat training systems, simulation product development contracts, and international services contracts. The average exchange rates between the prevailing currency in our foreign operations and the U.S. dollar had no significant impact on CGD operating income between 2018 and 2019.
text: Adjusted EBITDA: CGD Adjusted EBITDA was $32.8 million in 2019 compared to $26.3 million in 2018. The increase in Adjusted EBITDA was primarily driven by the same factors that drove the increase in operating income described above. Adjusted EBITDA for CGD increased by $3.1 million in 2019 as a result of the adoption of the new revenue recognition standard.

Table:
Fiscal 2019
Fiscal 2018
% Change
(in millions)
Sales
$  317.9
$  325.2
(2)%
Operating income
23.0
16.6
39
Adjusted EBITDA
32.8
26.3
25

Questions:
text: 6 Other assets (continued)
text: (a) Security deposits
text: Included in the security deposits was $8.8 million (2018: $4.2 million) relating to deposits held as security for bank guarantees.
text: (b) Customer incentives
text: Where customers are offered incentives in the form of free or discounted periods, the dollar value of the incentive is capitalised and amortised on a straight-line basis over the expected life of the contract.
text: (c) Contract Costs
text: From 1 July 2018, eligible costs that are expected to be recovered will be capitalised as a contract cost and amortised over the expected customer life.

Table:
30 June 2019
30 June 2018
Note
$'000
$'000
CURRENT
Prepayments
2,631
3,827
Capitalised transaction costs
1,496
-
Security deposits
6(a)
8,822
4,151
Customer incentives
6(b)
625
764
Other current assets
412
412
Contract costs 6(c)
6(c)
446
-
Total other assets - current
14,432
9,154

Questions:
question: What was the percentage change in prepayments between 2018 and 2019?
answer: -31.25
derivation: (2,631 - 3,827) / 3,827 
scale: percent
question: What was the percentage change in security deposits between 2018 and 2019?
answer: 112.53
derivation: (8,822 - 4,151) / 4,151 
scale: percent
text: Item 6. Selected Financial Data
text: The following table summarizes our selected consolidated financial data for the periods indicated. The selected consolidated financial data should be read in conjunction with our Consolidated Financial Statements and related notes and “Management's Discussion and Analysis of Financial Condition and Results of Operations” appearing elsewhere in this Annual Report on Form 10-K. The selected consolidated statement of income and balance sheet data for each of the five fiscal years indicated below has been derived from our audited Consolidated Financial Statements. Over the last five fiscal years we have acquired a number of companies including, but not limited to Catalyst, Liaison, Hightail, Guidance, Covisint, ECD Business, CCM Business, Recommind, ANX, CEM Business, Daegis, and Actuate. The results of these companies and all of our previously acquired companies have been included herein and have contributed to the growth in our revenues, net income and net income per share and such acquisitions affect period-to-period comparability.
text: (1) Effective July 1, 2018, we adopted Accounting Standards Codification (ASC) Topic 606 "Revenue from Contracts with Customers" (Topic 606) using the cumulative effect approach. We applied the standard to contracts that were not completed as of the date of the initial adoption. Results for reporting periods commencing on July 1, 2018 are presented under the new revenue standard, while prior period results continue to be reported under the previous standard.
text: (2) Fiscal 2017 included a significant one-time tax benefit of $876.1 million recorded in the first quarter of Fiscal 2017.

Table:
Fiscal Year Ended June 30,
2019
2018
2017
2016
2015
(In thousands, except per share data)
Statement of Income Data:
Revenues(1)
$2,868,755
$2,815,241
$2,291,057
$1,824,228
$1,851,917
Net income, attributable to OpenText(2)
$285,501
$242,224
$1,025,659
$284,477
$234,327
Net income per share, basic, attributable to OpenText(1)
$1.06
$0.91
$4.04
$1.17
$0.96
Net income per share, diluted, attributable to OpenText(1)
$1.06
$0.91
$4.01
$1.17
$0.95
Weighted average number of Common Shares outstanding, basic
268,784
266,085
253,879
242,926
244,184
Weighted average number of Common Shares outstanding, diluted
269,908
267,492
255,805
244,076
245,914

Questions:
question: What units are used in this table?
answer: In thousands, except per share data
question: What is the Weighted average number of Common Shares outstanding, diluted for years 2017, 2018 and 2019?
answer: 264401.67
derivation: (269,908+267,492+255,805)/3
question: What is the percentage change of Revenues from 2015 to 2019? 
answer: 54.91
derivation: (2,868,755-1,851,917)/1,851,917
scale: percent
text: 8. Deferred Revenue
text: Deferred revenue consisted of the following:

Table:
December 31,
2019
2018
Current:
Domains
$752.7
$686.3
Hosting and presence
526.7
483.3
Business applications
265.0
224.1
$1,544.4
$1,393.7
Noncurrent:
Domains
$382.2
$365.8
Hosting and presence
187.2
180.6
Business applications
85.0
77.4
$ 654.4
$623.8

Questions:
question: What are the 3 types of non-current deferred revenue?
answer: Domains
Hosting and presence
Business applications
question: What is the 2019 year end total non-current deferred revenue?
answer: 654.4
question: What is the 2018 year end total non-current deferred revenue?
answer: 623.8
question: What is the average total current deferred revenue for 2018 and 2019?
answer: 1469.05
derivation: (1,544.4+1,393.7)/2
question: What is the average total non-current deferred revenue for 2018 and 2019?
answer: 639.1
derivation: (654.4+623.8)/2
question: Was total current or total non-current deferred revenue greater for 2019 year end?
answer: Current
derivation: 1,544.4>654.4
text: NOTE 13. INCOME TAXES
text: We calculate our provision for federal and state income taxes based on current tax law. U.S. federal tax reform (Tax Act) was enacted on December 22, 2017, and has several key provisions impacting the accounting for and reporting of income taxes. The most significant provision reduced the U.S. corporate statutory tax rate from 35% to 21% beginning on January 1, 2018. We remeasured the applicable deferred tax assets and liabilities based on the rates at which they are expected to reverse. As a result, the gross deferred tax assets and liabilities were adjusted which resulted in an expense for income taxes of $7.1 million which was fully offset by a corresponding change to our valuation allowance in 2017. The Tax Act contains several base broadening provisions that became effective on January 1, 2018, that did not have a material impact on 2018 and 2019 earnings.
text: Deferred tax asset (liability) is comprised of the following (in thousands):
text: We have determined it is more likely than not that our deferred tax assets will not be realized. Accordingly, we have provided a valuation allowance for deferred tax assets.

Table:
December 31
2019
2018
Net operating loss carryforwards
$7,672
$4,541
Stock options and warrants
420
214
Property
138
299
Intangible assets
66
94
Capitalized expenses
54
86
Other
210
164
Operating right-of-use lease assets
(667)
Operating right-of-use lease liabilities
794
Net deferred tax assets
8,687
5,398
Less: Valuation allowance
(8,687)
(5,398)
Deferred tax asset (liability)
$             -
$             -

Questions:
text: 4. Income Taxes
text: Provision for Income Taxes
text: Income (loss) before income tax expense is summarized below (in thousands):
text: (1) Includes the elimination of intercompany foreign dividends paid to the U.S.

Table:
Fiscal Year Ended August 31,
2019
2018
2017
Domestic (1)
$(415,707)
$(426,897)
$(373,690)
Foreign (1)
866,411
800,298
629,923
$450,704
$373,401
$256,233

Questions:
text: SHARE-BASED PAYMENTS (continued)
text: (a) Share option schemes (continued) (iii) Fair value of option
text: The directors of the Company have used the Binomial Model to determine the fair value of the options as at the respective grant dates, which is to be expensed over the relevant vesting period. The weighted average fair value of options granted during the year ended 31 December 2019 was HKD123.82 per share (equivalent to approximately RMB106.09 per share) (2018: HKD127.43 per share (equivalent to approximately RMB103.46 per share)).
text: Other than the exercise price mentioned above, significant judgment on parameters, such as risk free rate, dividend yield and expected volatility, are required to be made by the directors in applying the Binomial Model, which are summarised as below.
text: Note: The expected volatility, measured as the standard deviation of expected share price returns, is determined based on the average daily trading price volatility of the shares of the Company.

Table:
2019
2018
Weighted average share price at the grant date
HKD373.33
HKD405.00
Risk free rate
1.08%~2.07%
1.77%~2.27%
Dividend yield
0.23%
0.24%~0.25%
Expected volatility (Note)
30.00%
30.00%

Questions:
question: How much did the Weighted average share price at the grant date change by between 2018 and 2019?
answer: -31.67
derivation: 373.33-405.00
question: How much did the Expected volatility change by between 2018 and 2019?
answer: 0
derivation: 30.00%-30.00%
scale: percent
text: b) Liquefaction services revenue:
text: The Hilli is moored in close proximity to the Customer’s gasfields, providing liquefaction service capacity over the term of the LTA. Liquefaction services revenue recognized comprises the following amounts:
text: (1) The LTA bills at a base rate in periods when the oil price is $60 or less per barrel (included in "Liquefaction services revenue" in the consolidated statements of income), and at an increased rate when the oil price is greater than $60 per barrel (recognized as a derivative and included in "Realized and unrealized gain on oil derivative instrument" in the consolidated statements of income, excluded from revenue and from the transaction price).
text: (2) Customer billing during the commissioning period, prior to vessel acceptance and commencement of the contract term, of $33.8 million is considered an upfront payment for services. These amounts billed were deferred (included in "Other current liabilities" and "Other non-current liabilities" in the consolidated balance sheets) and recognized as part of "Liquefaction services revenue" in the consolidated statements of income evenly over the contract term.
text: (3) The Day 1 gain was established when the oil derivative instrument was initially recognized in December 2017 for $79.6 million (recognized in "Other current liabilities" and "Other non-current liabilities" in the consolidated balance sheets). This amount is amortized and recognized as part of "Liquefaction services revenue" in the consolidated statements of income evenly over the contract term.
text: We expect to recognize liquefaction services revenue related to the partially unsatisfied performance obligation at the reporting date evenly over the remaining contract term of less than eight years, including the components of transaction price described above.

Table:
Year Ended December 31,
(in thousands of $)
2019
2018
Base tolling fee (1)
204,501
119,677
Amortization of deferred commissioning period revenue (2)
4,220
2,467
Amortization of Day 1 gain (3)
9,950
5,817
Other
(575)
(336)
Total
218,096
127,625

Questions:
question: In which years as the liquefaction services revenue recorded for?
answer: 2019
2018
question: What was the amortization of deferred commissioning period revenue in 2018?
answer: 2,467
scale: thousand
question: In which year was the amortization of Day 1 gain lower?
answer: 2018
derivation: 5,817 < 9,950
question: What was the change in base tolling fee between 2018 and 2019?
answer: 84824
derivation: 204,501 - 119,677 
scale: thousand
question: What was the percentage change in the total liquefaction services revenue between 2018 and 2019?
answer: 70.89
derivation: (218,096 - 127,625)/127,625 
scale: percent
text: 7. Employee numbers and costs
text: The average monthly number of employees (including Executive Directors but excluding third-party contractors) employed by the Group was as follows:

Table:
2019
2018
Number
Number
Customer operations
370
380
Product and technology
317
312
Corporate
115
130
Total
802
822

Questions:
question: What is the total average number of employees employed in 2019?
answer: 802
question: In which year was Product and technology larger?
answer: 2019
derivation: 317>312
question: What was the change in Corporate in 2019 from 2018?
answer: -15
derivation: 115-130
question: What was the percentage change in Corporate in 2019 from 2018?
answer: -11.54
derivation: (115-130)/130
scale: percent
text: Executive Director Fixed Pay increases
text: The Committee has approved Fixed Pay increases of 4% for the CEO and 3% for the CFO, effective from 1 January 2020. This is in line with the average increase awarded to the wider Unilever workforce in 2019 of 3.6%. These increases were awarded to recognise the strong leadership of both individuals in 2019, which was Alan Jope’s first year in the CEO role and a year of transformation for Unilever generally. We also wanted to recognise Graeme Pitkethly’s seniority in his role, coming into his 5th year as CFO.
text: When our CEO Alan Jope was appointed on 1 January 2019 he was appointed with Fixed Pay 14% below that of what the Committee proposed for his predecessor and at the lower quartile of our remuneration benchmarking peer group, despite Unilever being one of the largest companies in this peer group. This positioning was intentional, given Alan’s internal promotion on appointment. However, subject to Alan’s continuing good performance the Committee will, over time, continue to review his Fixed Pay positioning and progress this towards the market median benchmark.
text: * MCIP at maximum (67%) investment of bonus.

Table:
Alan Jope CEO €'000 p.a.
Graeme Pitkethly CFO €'000 p.a.
2019
2020
2019
2020
Fixed Pay
1,450
1,508
1,103
1,136
Annual Bonus
2,175
2,262
1,323
1,363
MCIP* Match share award
2,186
2,273
1,330
1,370
Target Total Pay
5,811
6,043
3,756
3,869
Personal MCIP* Investment in
67%
67%
67%
67%
Unilever shares
1,457
1,516
886
913

Questions:
question: What is the increase / (decrease) in Fixed Pay for Alan Jope CEO from 2019 to 2020?
answer: -58
derivation: 1,450 - 1,508
scale: million
question: What is the percentage difference between the Fixed pay of CEO and CFO in 2020?
answer: 32.75
derivation: 1,508 / 1,136 - 1
scale: percent
question: What is the difference in the target total pay between CEO and CFO in 2020?
answer: 2174
derivation: 6,043 - 3,869
scale: million
text: 5. Earnings per Common Share
text: The calculations of basic and diluted earnings per common share for the years ended June 30, 2019, 2018 and 2017 were as follows:

Table:
Years Ended June 30,
(in millions, except per share data)
2019
2018
2017
Net income
$167.0
$188.5
$47.0
Less: earnings and dividends allocated to participating securities
(1.9)
(1.7)
(0.3)
Earnings available for common shareholders used in calculation of basic earnings per share
$165.1
$186.8
$46.7
Weighted average number of common shares outstanding, basic
47.7
47.2
47.0
Basic earnings per common share
$3.46
$3.96
$0.99
Net income
$167.0
$188.5
$47.0
Less: earnings and dividends allocated to participating securities
(1.9)
(1.7)
(0.3)
Earnings available for common shareholders used in calculation of diluted earnings per share
$165.1
$186.8
$46.7
Weighted average number of common shares outstanding, basic
47.7
47.2
47.0
Effect of shares issuable under share-based compensation plans
0.4
0.4
0.1
Weighted average number of common shares outstanding, diluted
48.1
47.6
47.1
Diluted earnings per common share
$3.43
$3.92
$0.99

Questions:
question: What was the Diluted earnings per common share in 2019?
answer: $3.43
question: What was the Basic earnings per common share in 2018?
answer: $3.96
question: In which year was the Weighted average number of common shares outstanding, basic largest?
answer: 2019
derivation: 47.7>47.2>47.0
question: What was the change in Weighted average number of common shares outstanding, basic in 2019 from 2018?
answer: 0.5
derivation: 47.7-47.2
scale: million
question: What was the percentage change in Weighted average number of common shares outstanding, basic in 2019 from 2018?
answer: 1.06
derivation: (47.7-47.2)/47.2
scale: percent