tokbokki/tatqa_dataset_filter huggingface dataset:
text: Liquidity risk
text: Liquidity risk is managed to enable the Group to meet future payment obligations when financial liabilities fall due. Liquidity analysis is conducted to determine that sufficient headroom is available to meet the Group’s operational requirements and committed investments. The Group treasury policy aims to meet this objective by maintaining adequate cash, marketable securities and committed facilities. Undrawn borrowing facilities are detailed in note 23. The Group’s policy is to seek to optimise its exposure to liquidity risk by balancing its exposure to interest rate risk and to refinancing risk. In effect the Group seeks to borrow for as long as possible at the lowest acceptable cost.
text: Group policy is to maintain a weighted average debt maturity of over five years. At 31 December 2019, the maturity profile of Group debt showed an average maturity of five years (2018: six years). The Group regularly reviews the maturity profile of its borrowings and seeks to avoid concentration of maturities through the regular replacement of facilities and by arranging a selection of maturity dates. Refinancing risk may be reduced by doing so prior to the contracted maturity date. The change in valuation of an asset used as security for a debt facility may impact the Group’s ability to refinance that debt facility at the same quantum as currently outstanding.
text: The Group does not use supplier financing arrangements to manage liquidity risk.
text: The tables below set out the maturity analysis of the Group’s financial liabilities based on the undiscounted contractual obligations to make payments of interest and to repay principal. Where interest payment obligations are based on a floating rate, the rates used are those implied by the par yield curve for the relevant currency. Where payment obligations are in foreign currencies, the spot exchange rate at the balance sheet date is used.

Table:
2019
£m
Within 1 year
1–2 years
2–5 years
Over 5 years
Total
Borrowings (including interest)
(249.5)
(1,091.3)
(2,600.9)
(1,716.1)
(5,657.8)
Finance lease obligations
(5.3)
(5.3)
(14.3)
(104.8)
(129.7)
Other financial liabilities
(15.4)
–
–
(1.2)
(16.6)
Net derivative payments
(34.3)
(28.8)
(78.4)
(222.9)
(364.4)
(304.5)
(1,125.4)
(2,693.6)
(2,045.0)
(6,168.5)
2018
£m
Within 1 year
1–2 years
2–5 years
Over 5 years
Total
Borrowings (including interest)
(237.8)
(245.2)
(3,259.1)
(2,408.0)
(6,150.1)
Finance lease obligations
(4.4)
(4.4)
(13.4)
(104.8)
(127.0)
Other financial liabilities
(6.1)
(1.2)
–
–
(7.3)
Net derivative payments
(37.2)
(33.5)
(74.0)
(248.2)
(392.9)
(285.5)
(284.3)
(3,346.5)
(2,761.0)
(6,677.3)

Questions:
question: What is the percentage change in the total finance lease obligations from 2018 to 2019?
answer: 2.13
derivation: (129.7-127.0)/127.0
scale: percent
text: Summary Disclosures about Contractual Obligations and Commercial Commitments
text: Our material capital commitments consist of obligations under facilities and operating leases. Some of these leases have free or escalating rent payment provisions. We recognize rent expense under leases on a straight-line basis. We anticipate that we will experience an increase in our capital expenditures and lease commitments as a result of our anticipated growth in operations, infrastructure, personnel and resources devoted to building our brand name.
text: The following table summarizes our obligations as of March 31, 2019 (dollars in thousands):
text: We generally do not enter into binding purchase obligations. The purchase obligations above relate primarily to marketing and IT services. The contractual obligations table above excludes unrecognized tax benefits, plus related interest and penalties totaling $1.1 million because we cannot reasonably estimate in which future periods these amounts will ultimately be settled.
text: We have certain software royalty commitments associated with the shipment and licensing of certain products. Royalty expense is generally based on a fixed cost per unit shipped or a fixed fee for unlimited units shipped over a designated period. Royalty expense, included in cost of software and products revenues was $12.3 million in fiscal 2019 and $4.5 million million in fiscal 2018.
text: We offer a 90-day limited product warranty for our software. To date, costs relating to this product warranty have not been material.

Table:
Payments Due by Period
Total
Less Than 1 Year
2-3 Years
4-5 Years
More Than 5 Years
Operating lease obligations
$23,673
$9,008
$10,907
$2,827
$931
Purchase obligations
20,520
16,748
3,669
103
—
Total
$44,193
$25,756
$14,576
$2,930
$931

Questions:
question: What percentage of operating lease obligations are due in more than 4 years?
answer: 0.16
derivation: (931+2,827)/23,673
scale: percent
text: (1) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections.
text: (2) The non-controlling interest represents a participation of 21% in Atlantic Broadband's results by Caisse de dépot et placement du Québec ("CDPQ"), effective since the MetroCast acquisition on January 4, 2018.
text: Fiscal 2019 fourth-quarter profit for the period from continuing operations and profit for the period from continuing operations attributable to owners of the Corporation increased by 21.8% and 20.8%, respectively, as a result of: • higher adjusted EBITDA; and • the decrease in financial expense.
text: Fiscal 2019 fourth-quarter profit for the period and profit for the period attributable to owners of the Corporation increased by 26.1% and 25.2%, respectively, mainly due to a profit for the period from discontinued operations of $1.9 million due to working capital adjustments during the fourth quarter related to the sale of Cogeco Peer 1 compared to a loss for the period from discontinued operations of $1.1 million for the comparable period of the prior year in addition to the elements mentioned above.

Table:
Three months ended August 31,
2019
2018(2)
Change
(in thousands of dollars, except percentages and earnings per share)
$
$
%
Profit for the period from continuing operations
92,403
75,870
21.8
Profit for the period
94,323
74,818
26.1
Profit for the period from continuing operations attributable to owners of the Corporation
87,850
72,753
20.8
Profit for the period attributable to owners of the Corporation
89,770
71,701
25.2
Profit for the period from continuing operations attributable to non-controlling interest(2)
4,553
3,117
46.1
Basic earnings per share from continuing operations
1.78
1.48
20.3
Basic earnings per share
1.82
1.45
25.5

Questions:
question: What is the increase/ (decrease) in Profit for the period from continuing operations from 2018 to 2019?
answer: 16533
derivation: 92,403-75,870
scale: thousand
question: What is the increase/ (decrease) in Profit for the period from continuing operations attributable to owners of the Corporation from 2018 to 2019?
answer: 15097
derivation: 87,850-72,753
scale: thousand
question: What is the increase/ (decrease) in Profit for the period attributable to owners of the Corporation from 2018 to 2019?
answer: 18069
derivation: 89,770-71,701
scale: thousand
text: A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows (in thousands):
text: The total liability for gross unrecognized tax benefits as of December 31, 2019, 2018 and 2017 includes $9.6 million, $0.4 million and $0.2 million, respectively, of unrecognized net tax benefits which, if ultimately recognized, would reduce our annual effective tax rate in a future period. These liabilities, along with liabilities for interest and penalties, are included in accounts payable and accrued expenses and Other long-term liabilities in our consolidated balance sheet. Interest, which is included in Interest expense in our consolidated statement of income, was not material for all years presented.
text: During the year ended December 31, 2019, we recognized an increase in unrecognized tax benefits of approximately $7.7 million related to an increase in research and development tax credits available to us for tax years 2016-2018 and $1.8 million for the 2019 tax year.
text: We are subject to income taxes in the U.S., various state and foreign jurisdictions. Tax statutes and regulations within each jurisdiction are subject to interpretation and require significant judgment to apply. We are no longer subject to U.S. federal or non-U.S. income tax examinations by tax authorities for the years before 2015. We are no longer subject to U.S. state tax examinations by tax authorities for the years before 2014. We believe it is reasonably possible that within the next year our unrecognized tax benefits may decrease by $1.9 million due to the acceptance of a portion of our amended research and development credits.

Table:
December 31,
2019
2018
2017
Gross unrecognized tax benefits at beginning of year
$490
$220
$293
Increases in tax positions for prior years
7,718
36
—
Increases in tax positions for current year
1,839
320
32
Decreases in tax positions for prior years
(412)
—
—
Lapse in statute of limitations
—
(86)
(105)
Gross unrecognized tax benefits at end of year
$9,635
$490
$220

Questions:
question: What is the percentage change of gross unrecognized tax benefits from the end of the year 2017 to 2018?
answer: 122.73
derivation: ($490-$220)/$220 
scale: percent
question: What is the proportion of the total increase in tax positions for the prior and current years over gross unrecognized tax benefits at the end of the year 2019?
answer: 0.99
derivation: (7,718+1,839)/9,635
text: Results of Operations
text: (2) Operating expenses include stock-based compensation expense as follows (in thousands):

Table:
Year Ended December 31,
2019
2018
2017
Stock-based compensation expense data:
Sales and marketing
$2,075
$1,196
$561
General and administrative
6,474
4,901
2,638
Research and development
12,054
7,332
4,214
Total stock-based compensation expense
$20,603
$13,429
$7,413

Questions:
question: What years does the table provide information for total stock-based compensation expense?
answer: 2019
2018
2017
question: How many years did sales and marketing exceed $1,000 thousand?
answer: 2
derivation: 2019##2018
question: What was the percentage change in the amount of research and development between 2018 and 2019?
answer: 64.4
derivation: (12,054-7,332)/7,332
scale: percent
text: The GBS profit margin increased 0.9 points to 27.7 percent and pre-tax income of $1,666 million increased 2.2 percent year to year. The pre-tax margin of 9.9 percent increased slightly year to year. The year-to-year improvements in margins and pre-tax income were driven by the continued mix shift to higher-value offerings, the yield from delivery productivity improvements and a currency benefit from leveraging the global delivery resource model. We continued to invest in our services offerings and skills necessary to assist our clients on their cloud journey.
text: * Recast to reflect segment changes.

Table:
($ in millions)
For the year ended December 31:
2019
2018*
Yr.-to-Yr. Percent/ Margin Change
Global Business Services
External gross profit
$4,606
$4,448
3.5%
External gross profit margin
27.7%
26.8%
0.9 pts.
Pre-tax income
$1,666
$1,629
2.2%
Pre-tax margin
9.9%
9.6%
0.2 pts.

Questions:
question: What was the External gross profit margin in 2019?
answer: 27.7%
question: What were the average External total gross profit?
answer: 4527
derivation: (4,606+4,448) / 2
scale: million
question: What was the increase / (decrease) in the Pre-tax income from 2018 to 2019?
answer: 37
derivation: 1,666 - 1,629
scale: million
question: What was the increase / (decrease) in the Pre-tax margin from 2018 to 2019?
answer: 0.3
derivation: 9.9% - 9.6%
scale: percent
text: We make contributions to our defined benefit plans as required under various pension funding regulations. We expect to make contributions of approximately
$1,420 to the international plans in fiscal 2020 based on current actuarial computations
text: Estimated future benefit payments are as follows:
text: Savings plans:
text: We sponsor retirement savings plans, which allow eligible employees to defer part of their annual compensation. Certain contributions by us are discretionary and
are determined by our Board of Directors each year. Our contributions to the savings plans in the United States for the fiscal years ended March 31, 2017, 2018 and 2019
were approximately $4,367, $4,421, and $4,913, respectively.
text: We also sponsor a nonqualified deferred compensation program, which permits certain employees to annually elect to defer a portion of their compensation until
retirement. A portion of the deferral is subject to a matching contribution by us. The employees select among various investment alternatives, which are the same as are
available under the retirement savings plans, with the investments held in a separate trust. The value of the participants’ balances fluctuate based on the performance of
the investments. The market value of the trust at March 31, 2018 and 2019 of $6,649 and $4,693, respectively, is included as an asset and a liability in our accompanying
balance sheet because the trust’s assets are both assets of the Company and a liability as they are available to general creditors in certain circumstances

Table:
Fiscal Year ended March 31,
US Plans
International Plans
2020
$2,295
$7,055
2021
2,333
7,197
2022
2,353
7,337
2023
2,371
7,624
2024
2,388
7,624
2025-2029
11,880
40,364

Questions:
question: What are the future benefit payments of U.S. Plans for the fiscal years ended March 31, 2020 to 2022?
answer: 2,295
2,333
2,353
question: What are the future benefit payments of U.S. Plans for the fiscal years ended March 31, 2022 to 2024?
answer: 2,353
2,371
2,388
question: What are the future benefit payments of International Plans for the fiscal years ended March 31, 2020 to 2022?
answer: 7,055
7,197
7,337
question: What is the difference in the 2020 U.S. and International plans?
answer: 4760
derivation: 7,055 - 2,295 
question: What is the percentage change in the estimated future benefit payments between 2020 and 2021 for the international plans?
answer: 2.01
derivation: (7,197 - 7,055)/7,055 
scale: percent
text: 19. Inventories
text: Note
text: 1. Finished goods in 2018 includes $1.8 million relating to deferred costs which has been reclassified from trade and other receivables; see note 2 for further details.
text: An expense of $1.6 million (2018 $0.1 million) has been charged to the income statement in the year for inventory write-downs. There were no reversals of prior period inventory write-downs (2018 nil).
text: No inventories are carried at fair value less costs to sell (2018 nil).

Table:
2019
2018
$ million
$ million
Raw materials
4.8
6.6
Work in progress
1.2
1.2
Finished goods¹
14.6
19.7
20.6
27.5

Questions:
question: In which year was the amount of raw materials larger?
answer: 2018
derivation: 6.6>4.8
question: What was the change in total inventories?
answer: -6.9
derivation: 20.6-27.5
scale: million
question: What was the percentage change in total inventories?
answer: -25.09
derivation: (20.6-27.5)/27.5
scale: percent
text: 12. Commitments and Contingencies
text: The Company leases its facilities under non-cancelable operating leases and build-to-suit leases with various expiration dates through March 2029. Rent expense related to the Company’s office facilities was $5.3 million, $4.8 million and $3.2 million for the years ended March 31, 2019, 2018 and 2017, respectively. The Company has also entered into various capital lease agreements for computer equipment with non-cancelable terms through January 2022 and has non-cancelable commitments related to its data centers.
text: Future minimum payments for our capital leases, facility operating leases (including Lexington MA – U.S. build-to-suit lease) and data center operating leases as of March 31, 2019 are as follows:
text: Certain amounts included in the table above relating to data center operating leases for the Company’s servers include usage-based charges in addition to base rent.
text: Future lease payments in the table above do not include amounts due to the Company for future minimum sublease rental income of $0.6 million under non-cancelable subleases through 2020.
text: The Company has outstanding letters of credit of $3.9 million and $3.8 million related to certain operating leases as of March 31, 2019 and 2018, respectively.

Table:
Year Ending March 31,
Capital Leases
Facility Leases
Data Centers
2020
$ 918
$ 10,649
$ 21,216
2021
1,102
15,186
17,427
2022
326
14,111
13,010
2023
—
13,825
2,774
2024
—
13,686
356
Thereafter  
—
59,502
—
Total minimum lease payments 
$ 2,346
$ 126,959
$ 54,783
Less: Amount representing interest  
(121)
Present value of capital lease obligations  
2,225
Less: Current portion  
(844)
Long-term portion of capital lease obligations 
$1,381

Questions:
question: What is the change in Facility Leases from Year Ending March 31, 2021 to 2022?
answer: -1075
derivation: 14,111-15,186
question: What is the change in Facility Leases from Year Ending March 31, 2022 to 2023?
answer: -286
derivation: 13,825-14,111
question: What is the change in Facility Leases from Year Ending March 31, 2023 to 2024?
answer: -139
derivation: 13,686-13,825
text: Operating costs
text: Total Group adjusted operating costs were up $8.3 million or 3.1 per cent in 2019 compared to last year, broadly in line with inflation. The emphasis remained on effective resource allocation and careful cost management. The overall investment in product development was maintained, with continuing focus on high-growth, high-margin areas. Investment in the sales and marketing organisation was targeted on expanding our key account management programme to drive incremental business with our most valuable customers and developing routes to market for our new technologies to a broadening customer base. Administration costs in 2019 reflected an inflationary increase and higher corporate costs, primarily due to CEO transition.
text: Segmentally, investment continued in Networks & Security, where we see the most near-term opportunities for growth, particularly in relation to 400G high-speed Ethernet and our Positioning business. A new General Manager joined Lifecycle Service Assurance in October and a review is in progress to evolve the business and optimise the organisational structure to expand the customer base and deliver on our growth agenda. Proactive cost management has once again been demonstrated within Connected Devices, where we have seen a decrease in legacy product revenue year-on-year. As stated above, corporate costs in 2019 included costs associated with CEO transition.
text: Note
text: 1. Before exceptional items, acquisition related costs, acquired intangible asset amortisation and share-based payment amounting to $4.3 million in total (2018 $19.6 million).

Table:
$ million
2019
2018
Product development
96.5
96.9
Selling and marketing
129.2
123.9
Administration1
50.0
46.6
Adjusted operating costs1
275.7
267.4
Networks & Security
158.4
148.9
Lifecycle Service Assurance
70.5
70.5
Connected Devices
38.2
40.8
Corporate
8.6
7.2
Adjusted operating costs1
275.7
267.4

Questions:
question: What are the different business segments considered in the operating costs?
answer: Networks & Security
Lifecycle Service Assurance
Connected Devices
Corporate
Product Development
Selling and Marketing
Administration
question: In which year was the amount of operating costs under Networks & Security larger?
answer: 2019
derivation: 158.4>148.9
question: What was the change in costs under Corporate?
answer: 1.4
derivation: 8.6-7.2
scale: million
question: What was the percentage change in costs under Corporate?
answer: 19.44
derivation: (8.6-7.2)/7.2
scale: percent
text: Note 7 — Inventories, net
text: Inventories are used in the manufacture and service of Restaurant/Retail products. The components of inventory, net consist of the following:
text: At December 31, 2019 and 2018, the Company had recorded inventory write-downs of $9.6 million and $9.8 million , respectively, against Restaurant/Retail inventories, which relate primarily to service parts.

Table:
December 31,
(in thousands)
2019
2018
Finished Goods
$8,320
$12,472
Work in process
—
67
Component parts
6,768
4,716
Service parts
4,238
5,482
$19,326
$22,737

Questions:
question: What is the value of Finished Goods in 2019 and 2018 respectively?
answer: $8,320
$12,472
scale: thousand
question: What is the change in Finished Goods between December 31, 2018 and 2019?
answer: -4152
derivation: 8,320-12,472
scale: thousand
question: What is the change in Component parts between December 31, 2018 and 2019?
answer: 2052
derivation: 6,768-4,716
scale: thousand
question: What is the average Finished Goods for December 31, 2018 and 2019?
answer: 10396
derivation: (8,320+12,472) / 2
scale: thousand
text: NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
text: Disaggregated Revenue
text: The following table presents revenues disaggregated by the major markets we serve:

Table:
Twelve Months Ended December 31,
2019
2018
Transportation
$299,005
$300,124
Industrial
78,369
86,968
Medical
41,901
40,663
Aerospace & Defense
32,569
23,323
Telecom & IT
17,155
19,405
Total
$468,999
$470,483

Questions:
question: What was the percentage change in total revenue between 2018 and 2019?
answer: -0.32
derivation: (468,999-470,483)/470,483
scale: percent
text: Hardware
text: Hardware sales, net decreased $1.5 million, or -10% in 2019 compared to 2018. We adopted the new ASC 606 standard as of January 1, 2018 and elected to use the modified retrospective method. Historical hardware sales prior to the adoption of ASC 606 were recorded on a gross basis, as we were the principal in the transaction in accordance with the previous standard, ASC 605-45. Under the new standard, we are an agent in the transaction as we do not physically control the hardware which we sell. Accordingly, starting January 1, 2018, we recognize our hardware revenue net of related cost which reduces both hardware revenue and cost of sales as compared to our accounting prior to 2018. For comparison purposes only, had we implemented ASC 606 using the full retrospective method, we would have also presented hardware revenue net of cost for prior periods as shown below.
text: The majority of hardware sales are derived from our Americas segment. Sales of hardware are largely dependent upon customer- specific desires, which fluctuate.

Table:
Year Ended December 31,
% Change vs.Prior Year
2019
2019
2018
2017
2019
2018
Hardware Revenue (Pre ASC 606 Adoption)
$44,972
$49,914
$43,190
-10%
16%
Cost of hardware
-32,455
-35,947
- 32,205
-10%
12%
Hardware Revenue, net (Post ASC 606 Adoption)
$12,517
$13,967
$ 10,985
-10%
27%

Questions:
question: What is the revenue from hardware, net (Post ASC 606 Adoption) in 2019
answer: $12,517
question: What is the percentage change in cost of hardware between 2019 and 2018?
answer: -10%
question: What is the change in hardware revenue, net (Post ASC 606 Adoption) between 2019 and 2017?
answer: 1532
derivation: $12,517-$10,985
question: What is the change in hardware revenue (Pre ASC 606 Adoption) in 2019 and 2018?
answer: -4942
derivation: $44,972-$49,914
question: What is the sum of cost of hardware for 2019 and 2018?
answer: 68402
derivation: $32,455+$35,947