tokbokki/tatqa_dataset_filter huggingface dataset:
text: NOTES PAYABLE (continued)
text: All of these notes payable issued by the Group were unsecured.
text: On 1 April 2019, the Company updated the Global Medium Term Note Programme (the “Programme”) to include, among other things, the Company’s recent corporate and financial information and increased the limit of aggregate principal amount of the notes under the Programme from USD10 billion to USD20 billion (or its equivalent in other currencies).
text: On 11 April 2019, the Company issued five tranches of senior notes under the Programme with an aggregate principal amount of USD6 billion as set out below.
text: During the year ended 31 December 2019, the notes payable with an aggregate principal amount of USD2,000 million issued in April 2014 reached their maturity and were repaid in full by the Group.
text: As at 31 December 2019, the fair value of the notes payable amounted to RMB98,668 million (31 December 2018: RMB62,820 million). The respective fair values are assessed based on the active market price of these notes on the reporting date or by making reference to similar instruments traded in the observable market.

Table:
Amount (USD’Million)
Interest Rate (per annum)
Due
2024 Notes
1,250
3.280%
2024
2024 Floating Rate Notes
750
3-month USD LIBOR + 0.910%
2024
2026 Notes
500
3.575%
2026
2029 Notes
3,000
3.975%
2029
2049 Notes
500
4.525%
2049
6,000

Questions:
question: How much is the 2024 Notes in USD?
answer: 1,250
scale: million
question: How much is the 2026 Notes in USD?
answer: 500
scale: million
question: How many percent of the total notes payable is the 2024 Notes?
answer: 20.83
derivation: 1,250/6,000
scale: percent
question: How many percent of the total notes payable is the 2026 Notes?
answer: 8.33
derivation: 500/6,000
scale: percent
question: How many percent of the total notes payable is the 2029 Notes?
answer: 50
derivation: 3,000/6,000
scale: percent
text: a. For the years ended December 31, 2017, 2018 and 2019, the Company recognized NT$118,252 million, NT$123,795 million and NT$122,999 million, respectively, in operating costs, of which NT$2,256 million, NT$1,698 million and NT$820 million in 2017, 2018 and 2019, respectively, were related to write-down of inventories.
text: b. None of the aforementioned inventories were pledged.

Table:
As of December 31,
2018
2019
NT$
NT$
(In Thousands)
(In Thousands)
Raw materials
$3,766,056
$5,102,571
Supplies and spare parts
3,133,737
3,548,376
Work in process
10,034,488
11,309,718
Finished goods
1,268,838
1,754,137
Total
$18,203,119
$21,714,802

Questions:
question: What was the increase / (decrease) in the raw materials from 2018 to 2019?
answer: 1336515
derivation: 5,102,571 - 3,766,056
scale: million
question: What was the average Supplies and spare parts?
answer: 3341056.5
derivation: (3,133,737 + 3,548,376) / 2
scale: million
question: What was the percentage increase / (decrease) in the Finished goods from 2018 to 2019?
answer: 38.25
derivation: 1,754,137 / 1,268,838 - 1
scale: percent
text: 4. Inventories
text: Inventories consisted of the following (in thousands):
text: We grow and maintain flocks of layers (mature female chickens), pullets (female chickens, under 18 weeks of age), and breeders (male and female chickens used to produce fertile eggs to hatch for egg production flocks). Our total flock at June 1, 2019, consisted of approximately 9.4 million pullets and breeders and 36.2 million layers.

Table:
June 1, 2019
June 2, 2018
Flocks, net of accumulated amortization
$105,536
$96,594
Eggs
14,318
17,313
Feed and supplies
52,383
54,737
$172,237
$168,644

Questions:
question: What is the percentage increase / (decrease) in feed and supplies in 2019 compared to 2018?
answer: -4.3
derivation: 52,383 / 54,737 - 1
scale: percent
text: Grants of Plan-Based Awards in 2018
text: The following table sets forth information regarding grants of awards made to our named executive officers during 2018. We did not grant any plan-based cash awards during 2018.
text: (1) The amounts included in this column represent the aggregate grant date fair value of RSUs, RSAs and option awards calculated in accordance with ASC 718. The valuation assumptions used in determining the grant date fair value of the RSUs, RSAs and options reported in this column are described in the Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2018.

Table:
Name
Grant Date
Number of Securities Underlying Restricted Stock Awards and Restricted Stock Units (#)
Number of Securities Underlying Options (#)
Exercise or Base Price of Option Awards ($/Sh)
Grant Date Fair Value of Stock and Option Awards ($) (1)
Mr. Dorsey
—
—
—
—
—
Ms. Friar
4/25/2018
38,159
109,026
44.75
3,479,299
Ms.Henry
4/25/2018
38,159
109,026
44.75
3,479,299
Ms. Reses
4/25/2018
38,159
109,026
44.75
3,479,299
Ms. Whiteley
4/25/2018
16,695
47,699
44.75
1,522,215
Mr. Daswani
4/25/2018
4,198
—
—
187,861
Mr. Murphy
4/25/2018
4,962
—
—
222,050

Questions:
question: When is the Grant Date for all the executive officers?
answer: 4/25/2018
question: What is the difference between the smallest and largest amount of Grant Date Fair Value of Stock and Option Awards?
answer: 3291438
derivation: 3,479,299 - 187,861
question: What is the average Number of Securities Underlying Restricted Stock Awards and Restricted Stock Units for those who received it?
answer: 23388.67
derivation: (38,159 + 38,159 + 38,159 + 16,695 + 4,198 + 4,962) / 6 
question: What is the ratio of Ms. Henry’s to Ms. Whiteley’s Number of Securities Underlying Options?
answer: 2.29
derivation: 109,026 / 47,699
text: 2017 Restructuring Plan
text: On September 15, 2016, the Company’s Board of Directors formally approved a restructuring plan to better align the Company’s global capacity and administrative support infrastructure to further optimize organizational effectiveness. This action includes headcount reductions across the Company’s selling, general and administrative cost base and capacity realignment in higher cost locations (the “2017 Restructuring Plan”).
text: The 2017 Restructuring Plan, totaling $195.0 million in restructuring and other related costs, is complete as of August 31, 2019.
text: The tables below summarize the Company’s liability activity, primarily associated with the 2017 Restructuring Plan (in thousands):

Table:
Employee Severance and Benefit Costs
Lease Costs
Asset Write-off Costs
Other Related Costs
Total
Balance as of August 31, 2017
$ 33,580
$1,665
$ —
$ 3,143
$38,388
Restructuring related charges
16,269
1,596
16,264
2,773
36,902
Asset write-off charge and other non-cash activity
(127)
525
(16,264)
25
(15,841)
Cash payments
(31,591)
(1,102)
—
(5,419)
(38,112)
Balance as of August 31, 2018
18,131
2,684
—
522
21,337
Restructuring related charges
16,029
(41)
(3,566)
2,071
14,493
Asset write-off charge and other non-cash activity
(494)
—
3,566
(18)
3,054
Cash payments
(30,504)
(663)
—
(1,786)
(32,953)
Balance as of August 31, 2019
$3,162
$1,980
$—
$789
$5,931

Questions:
text: Free cash flow
text: We define free cash flow as net cash provided by (used in) operating activities less purchase of property and equipment. We consider free cash flow to be a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business that can possibly be used for investing in our business and strengthening the balance sheet, but it is not intended to represent the residual cash flow available for discretionary expenditures. Free cash flow is not prepared in accordance with U.S. GAAP, and should not be considered in isolation of, or as an alternative to, measures prepared in accordance with U.S. GAAP.
text: The following table presents a reconciliation of net cash provided by (used in) operating activities to free cash flow:
text: (1) Our adoption of ASU 2016-09 on January 1, 2017 resulted in excess tax benefits for share-based payments recorded as a reduction of income tax expense and reflected within operating cash flows, rather than recorded within equity and reflected within financing cash flows. We elected to adopt this new standard retrospectively, which impacted the presentation for all periods prior to the adoption date.

Table:
Year Ended December 31,
2019
2018
2017
2016
2015
(in thousands)
Net cash provided by (used in) operating activities (1)
$(156,832)
$113,207
$64,241
$138,720
$141,257
Purchase of property and equipment
(36,531)
(52,880)
(89,160)
(78,640)
(30,566)
Free cash flow
$(193,363)
$60,327
$(24,919)
$60,080
$110,691
Net cash provided by (used in) investing activities
$25,761
$17,496
$(28,718)
$(392,666)
$(170,027)
Net cash provided by (used in) financing activities (1)
$(8,406)
$1,287
$4,635
$19,794
$368,953

Questions:
question: What is the net cash provided by operating activities in 2015?
answer: $141,257
scale: thousand
question: What is the difference in the net cash provided by investing activities between 2018 and 2019?
answer: 8265
derivation: 25,761-17,496
scale: thousand
question: What is the average net cash provided by operating activities for 2016 and 2017?
answer: 101480.5
derivation: (64,241+138,720)/2
scale: thousand
question: What is the percentage change for net cash provided by financing activities from 2017 to 2018?
answer: 72.23
derivation: (4,635-1,287)/4,635
scale: percent
text: Gross Profit. Gross profit increased 15%, or $144.4 million, in 2019 compared to 2018, with gross margin increasing approximately 70 basis points to 14.7% of net sales. Our gross profit and gross profit as a percent of net sales by operating segment for 2019 and 2018 were as follows (dollars in thousands):
text: North America’s gross profit in 2019 increased 19% compared to 2018, and as a percentage of net sales, gross margin increased by approximately 80 basis points year over year. The year over year net increase in gross margin was primarily attributable to the following:
text: • A net increase in product margin, which includes partner funding and freight, of 30 basis points year over year. This increase was due primarily to improvements in hardware and software product margin partially as a result of improvements in core business margins on product net sales and also as a result of PCM.
text: • Services margin improvement year over year of 50 basis points was generated from increased vendor funding, cloud solution offerings and referral fees. In addition, there was a 21 basis point improvement in margins from Insight delivered services.
text: EMEA’s gross profit in 2019 increased 3% (increased 8% excluding the effects of fluctuating foreign currency exchange rates), compared to 2018. As a percentage of net sales, gross margin increased by approximately 40 basis points year over year.
text: APAC’s gross profit in 2019 increased 1% (increased 6% excluding the effects of fluctuating foreign currency exchange rates), compared to 2018, with gross margin increasing to 22.1% in 2019 from 21.2% in 2018. The improvement in gross margin for both EMEA and APAC in 2019 compared to 2018 was due primarily to changes in sales mix to higher margin products and services.

Table:
2019
% of Net
Sales
2018
% of Net Sales
NorthAmerica
$ 871,114
14.5%
$732,695
13.7%
EMEA
$227,083
14.9%
$221,467
14.5%
APAC
$39,901
22.1%
$39,556
21.2%
Consolidated
$1,138,098
14.7%
$993,718
14.0%

Questions:
text: 14. Segment Information
text: The Company operates under two reportable segments based on the geographic locations of its subsidiaries:
text: (1)  FEI-NY – operates out of New York and its operations consist principally of precision time and frequency control products used in three principal markets- communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.
text: The FEI-NY segment also includes the operations of the Company’s wholly-owned subsidiaries, FEI-Elcom and FEI-Asia. FEI- Asia functions as a manufacturing facility for the FEI-NY segment with historically minimal sales to outside customers. FEI- Elcom, in addition to its own product line, provides design and technical support for the FEI-NY segment’s satellite business.
text: (2)  FEI-Zyfer – operates out of California and its products incorporate Global Positioning System (GPS) technologies into systems and subsystems for secure communications, both government and commercial, and other locator applications. This segment also provides sales and support for the Company’s wireline telecommunications family of products, including US5G, which are sold in the U. S. market.
text: The Company measures segment performance based on total revenues and profits generated by each geographic location rather than on the specific types of customers or end-users. Consequently, the Company determined that the segments indicated above most appropriately reflect the way the Company’s management views the business.
text: The accounting policies of the two segments are the same as those described in the “Summary of Significant Accounting Policies.” The Company evaluates the performance of its segments and allocates resources to them based on operating profit which is defined as income before investment income, interest expense and taxes. All acquired assets, including intangible assets, are included in the assets of both reporting segments.
text: The table below presents information about reported segments for each of the years ended April 30, 2019 and 2018, respectively, with reconciliation of segment amounts to consolidated amounts as reported in the statement of operations or the balance sheet for each of the years (in thousands):

Table:
2019
2018
Net revenues:
FEI-NY
$38,096
$26,936
FEI-Zyfer
12,235
15,272
Less intersegment revenues
(822 )
(2,801)
Consolidated revenues
$49,509
$ 39,407
Operating loss:
FEI-NY
$(4,429 )
$ (15,097)
FEI-Zyfer
1,730
3,164
Corporate
(118 )
(462)
Consolidated operating loss
$(2,817 )
$ (12,395)
2019
2018
Identifiable assets:
FEI-NY (approximately $1.5 in China in 2019)
$54,295
$ 55,181
FEI-Zyfer
10,478
8,168
less intersegment receivables
(8,346 )
(11,888)
Corporate
30,344
32,123
Consolidated identifiable assets
$86,771
$ 83,584
Depreciation and amortization (allocated):
FEI-NY
$2,695
$ 2,355
FEI-Zyfer
92
114
Corporate
15
15
Consolidated depreciation and amortization expense
$2,802
$ 2,484

Questions:
text: Comparison of Years Ended December 31, 2019 to December 31, 2018
text: The following tables in this section set forth our selected consolidated statements of operations (in thousands), data for the percentage change and data as a percentage of revenue for the years ended December 31, 2019 and 2018. Certain previously reported amounts in the consolidated statements of operations for the year ended December 31, 2018 have been reclassified to conform to our current presentation to reflect interest income as a separate line item, which was previously included in other income, net.
text: Revenue
text: The $81.9 million increase in total revenue in 2019 as compared to 2018 was the result of a $46.3 million, or 16%, increase in our SaaS and license revenue and a $35.6 million, or 27%, increase in our hardware and other revenue. Our software license revenue included within SaaS and license revenue increased $2.1 million to $43.4 million in 2019 as compared to $41.3 million during 2018. The increase in our Alarm.com segment SaaS and license revenue in 2019 was primarily due to growth in our subscriber base, including the revenue impact from subscribers we added in 2018. To a lesser extent, SaaS and license revenue increased in the period due to an increase in license fees. The increase in hardware and other revenue in 2019 compared to 2018 was due to an increase in the volume of video cameras sold. Our Other segment contributed 15% of the increase in SaaS and license revenue in 2019 as compared to 2018. The increase in SaaS and license revenue for our Other segment in 2019 as compared to 2018 was due to an increase in sales of our energy management and demand response solutions and our property management and HVAC solutions. Hardware and other revenue in our Other segment decreased 13% in 2019 as compared to 2018, primarily due to the timing of sales related to our remote access management solution.

Table:
Year Ended December 31,
Revenue:
% Change
2019
2018
2019 vs. 2018
SaaS and license revenue
$337,375
$291,072
16%
Hardware and other revenue
164,988
129,422
27%
Total revenue
$502,363
$420,494
19%

Questions:
question: What was SaaS and license revenue as a percentage of total revenue in 2019?
answer: 67.16
derivation: 337,375/502,363
scale: percent
text: Item 16C. Principal Accountant Fees and Services
text: Our principal accountant for 2019 and 2018 was KPMG LLP, Chartered Professional Accountants. The following table shows the fees Teekay and our subsidiaries paid or accrued for audit and other services provided by KPMG LLP for 2019 and 2018.
text: (1) Audit fees represent fees for professional services provided in connection with the audits of our consolidated financial statements and effectiveness of internal control over financial reporting, reviews of our quarterly consolidated financial statements and audit services provided in connection with other statutory or regulatory filings for Teekay or our subsidiaries including professional services in connection with the review of our regulatory filings for public offerings of our subsidiaries.
text: Audit fees for 2019 and 2018 include approximately $928,300 and $859,000, respectively, of fees paid to KPMG LLP by Teekay LNG that were approved by the Audit Committee of the Board of Directors of the general partner of Teekay LNG. Audit fees for 2019 and 2018 include approximately $588,200 and $517,000, respectively, of fees paid to KPMG LLP by our subsidiary Teekay Tankers that were approved by the Audit Committee of the Board of Directors of Teekay Tankers.
text: (2) Audit-related fees consisted primarily of accounting consultations, employee benefit plan audits, services related to business acquisitions, divestitures and other attestation services. (3) For 2019 and 2018, tax fees principally included corporate tax compliance fees.
text: The Audit Committee has the authority to pre-approve audit-related and non-audit services not prohibited by law to be performed by our independent auditors and associated fees. Engagements for proposed services either may be separately pre-approved by the Audit Committee or entered into pursuant to detailed pre-approval policies and procedures established by the Audit Committee, as long as the Audit Committee is informed on a timely basis of any engagement entered into on that basis.
text: The Audit Committee separately pre-approved all engagements and fees paid to our principal accountants in 2019 and 2018.

Table:
Fees (in thousands of U.S. dollars)
2019
2018
Audit Fees (1)
2,723
2,529
Audit-Related Fees (2)
33
59
Tax Fees (3)
23
32
Total
2,779
2,620

Questions:
question: What is the increase/ (decrease) in Audit Fees from 2019 to 2018?
answer: 194
derivation: 2,723-2,529
scale: thousand
question: What is the increase/ (decrease) in Audit-Related Fees from 2019 to 2018?
answer: -26
derivation: 33-59
scale: thousand
question: What is the increase/ (decrease) in Tax Fees from 2019 to 2018?
answer: -9
derivation: 23-32
scale: thousand
text: The following table summarizes the change in the valuation allowance (in thousands):
text: As of December 31, 2019, net operating loss (NOL) carryforwards for U.S. federal tax purposes totaled $31.4 million. Effective with the 2017 Tax Act in December 2017, NOLs generated after December 31, 2017, do not expire. Federal NOLs of $9.9 million expire at various dates from 2020 through 2037 and federal NOLs of $21.5 million do not expire. NOL carryforwards for state tax purposes totaled $40.6 million at December 31, 2019 and expire at various dates from 2020 through 2039.

Table:
Year Ended December 31
2019
2018
Vaulation allowances, beginning of year
$5,398
$13,872
Net operating loss
3,284
1,920
Expiration of net operating losses and limitations
(7)
(9,939)
Adjustment to deferred taxes
29
(321)
Impact of state tax rate change
26
(146)
Other adjusments
9
12
Valuation allowance, end of year
$8,739
$5,398

Questions:
text: Liquidity and Capital Resources
text: We believe our ability to generate cash flows from operating activities is one of our fundamental financial strengths. In the near term, we expect our business and financial condition to remain strong and to continue to generate significant operating cash flows, which, we believe, in combination with our existing balance of cash and cash equivalents and short-term investments of $5.9 billion, our access to capital, and the availability of our $1.5 billion revolving credit facility, will be sufficient to finance our operational and financing requirements for the next 12 months. Our primary sources of liquidity, which are available to us to fund cash outflows such as potential dividend payments or share repurchases, and scheduled debt maturities, include our cash and cash equivalents, short-term investments, and cash flows provided by operating activities.
text: As of December 31, 2019, the amount of cash and cash equivalents held outside of the U.S. by our foreign subsidiaries was $2.8 billion, as compared to $1.4 billion as of December 31, 2018. These cash balances are generally available for use in the U.S., subject in some cases to certain restrictions.
text: Our cash provided from operating activities is somewhat impacted by seasonality. Working capital needs are impacted by weekly sales, which are generally highest in the fourth quarter due to seasonal and holiday-related sales patterns. We consider, on a continuing basis, various transactions to increase shareholder value and enhance our business results, including acquisitions, divestitures, joint ventures, share repurchases, and other structural changes. These transactions may result in future cash proceeds or payments.
text: Sources of Liquidity (amounts in millions)

Table:
For the Years Ended
December 31,
2019
2018
Increase (Decrease)
Net cash provided by operating activities
$1,831
$1,790
$41
Net cash used in investing activities
(22)
(230)
208
Net cash used in financing activities
(237)
(2,020)
1,783
Effect of foreign exchange rate changes
(3)
(31)
28
Net increase (decrease) in cash and cash equivalents and restricted cash
$1,569
$(491)
$2,060

Questions:
question: What was the percentage change in Net cash provided by operating activities between 2018 and 2019?
answer: 2.29
derivation: ($1,831-$1,790)/$1,790
scale: percent
question: What is the increase(decrease) in Net cash provided by operating activities as a percentage of Increase (Decrease) of Net cash used in investing activities?
answer: 19.71
derivation: 41/208
scale: percent
question: What is the increase(decrease) in Net cash provided by operating activities as a percentage of Increase (Decrease) in Net cash used in financing activities?
answer: 2.3
derivation: 41/1,783
scale: percent