trismik/FinRAG huggingface dataset:
Non-GAAP Financial Measures
To complement our Consolidated Statements of Operations and Cash Flows, we use non-GAAP financial measures of Adjusted gross margin, Adjusted operating income, Adjusted net income, and Adjusted EBITDA. We believe that Adjusted gross margin, Adjusted operating income, Adjusted net income, and Adjusted EBITDA are complements to U.S. GAAP amounts and such measures are useful to investors. The presentation of these non-GAAP measures is not meant to be considered in isolation or as an alternative to net income as an indicator of our performance, or as an alternative to cash flows from operating activities as a measure of liquidity.
The following table provides a reconciliation from U.S. GAAP Gross margin to non-GAAP Adjusted gross margin (amounts in thousands):
(1) Fiscal years ending March 31, 2018 and 2017 adjusted due to the adoption of ASC 606.
(2) $0.9 million in costs incurred during fiscal year 2018 related to the relocation of the Company's tantalum powder facility equipment from Carson City, Nevada to its existing Matamoros, Mexico plant were reclassified from “Plant start-up costs” to “Restructuring charges” during fiscal year 2019.

Fiscal Years Ended March 31,
2019
2018
2017
Net sales (1)
$1,382,818
$1,200,181
$757,338
Cost of sales (1)
924,276
860,744
571,944
Gross Margin (GAAP) (1)
458,542
339,437
185,394
Gross margin as a % of net sales
33.2%
28.3%
24.5%
Non-GAAP adjustments:
Plant start-up costs (2)
(927)
929
427
Stock-based compensation expense
2,756
1,519
1,384
Adjusted gross margin (non-GAAP) (1)
$460,371
$341,885
$187,205
Adjusted gross margin as a % of net sales
33.3%
28.5%
24.7%


Question: Analyse this data from a financial earnings document. What was the change in net sales between 2017 and 2019?
Choices:
1382820
522074
625479
442843
625480
Correct choice index: 4
(4) Property and Equipment
Property and equipment consist of the following (in thousands):
Depreciation and amortization expense related to property and equipment was $22,538,000, $21,721,000 and $25,787,000 in 2019, 2018 and 2017, respectively.
On November 1, 2019, we completed the purchase of real estate in Chandler, Arizona for approximately $48,000,000 that we intend to use as our global corporate headquarters. The property contains a building and some infrastructure in place that we will complete readying for our use over the next year. We intend to sell our current properties in Tempe, Arizona.
Included within the software, buildings and land values presented above are assets in the process of being readied for use in the amounts of approximately $12,138,000, $27,658,000 and $11,700,000, respectively. Depreciation on these assets will commence, as appropriate, when they are ready for use and placed in service.

December 31,
2019
2018
Software
$114,674
$170,327
Buildings
92,092
64,263
Equipment
60,661
100,421
Furniture and fixtures
34,768
38,200
Lease hold improvements
33,668
26,319
Land
31,374
5,124
367,237
404,654
Accumulated depreciation and amortization
(236,330)
(331,700)
Property and equipment, net
$130,907
$72,954


Question: Analyse this data from a financial earnings document. What is the average Software for 2018 and 2019?
Choices:
142500.5
0
0.8
1
142499.5
Correct choice index: 0
NOTE 5 – PROPERTY AND EQUIPMENT
The Company owned equipment recorded at cost, which consisted of the following as of December 31, 2019 and 2018:
Depreciation expense was $80,206 and $58,423 for the years ended December 31, 2019 and 2018, respectively

2019
2018
Computer equipment
$137,763
$94,384
Furniture and fixtures
187,167
159,648
Subtotal
324,930
254,032
Less accumulated depreciation
148,916
104,702
Property and equipment, net
$176,014
$149,330


Question: Analyse this data from a financial earnings document. What is the average subtotal cost of property and equipment that the Company owned from 2018 to 2019?
Choices:
289481000000
289481
0
347904
578962
Correct choice index: 1
Other Income (Expense), Net
Interest expense decreased $54.7 million during fiscal 2019 as compared to fiscal 2018, primarily due to elimination of the non-recourse residential financing obligations in connection with the sale of the Residential Lease Portfolio in November 2018, as well as the elimination of the sales-leaseback financing obligations in connection with the sale of the commercial sale-leaseback portfolio during the first and second quarters of fiscal 2019.
Interest expense increased $17.7 million in fiscal 2018 as compared to fiscal 2017 primarily due to new debt and new commercial sale-leaseback arrangements.
Other income increased by $119.4 million during fiscal 2019 as compared to fiscal 2018, primarily due to a $158.3 million gain on an equity investment with readily determinable fair value in fiscal 2019, as compared to a loss of $6.4 million in fiscal 2018. Additionally, gain on sale of equity investments during fiscal 2019 was $17.7 million, compared to $54.2 million in fiscal 2018.
Other income increased by $143.0 million in fiscal 2018 as compared to fiscal 2017. The change is primarily due to a $54.2 million gain on the sale of our equity method investments in fiscal 2018, a $73.0 million impairment charge in fiscal 2017 in our 8point3 Energy Partners LP equity investment balance due to the adoption of ASC 606 which materially increased the investment balance and consequently, led to the recognition of an other-than-temporary impairment in the first quarter of fiscal 2017.

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


Question: Analyse this data from a financial earnings document. What was the percentage change in interest expense from 2018 to 2019?
Choices:
-50.6
100
-97.2
-54658
-48.8
Correct choice index: 0
15. Product Warranties
The Company generally provides its customers with a one-year warranty regarding the manufactured quality and functionality of its products. For some limited products, the warranty period has been extended. The Company establishes warranty reserves based on its product history, current information on repair costs and annual sales levels. As of April 30, 2019, and 2018, respectively, changes in the carrying amount of accrued product warranty costs, reported in accrued expenses on the consolidated balance sheet, were as follows (in thousands):

2019
2018
Balance at beginning of year
$520
$557
Warranty costs incurred
(398)
(40)
Product warranty accrual
407
3
Balance at end of year
$529
$520


Question: Analyse this data from a financial earnings document. What is the change in beginning balance between 2018 and 2019?
Choices:
-37
505
0
-9
490
Correct choice index: 0
Discontinued Operations
Year Ended December 31, 2019 Compared with the Years Ended December 31, 2018 and 2017
On December 31, 2018, we sold all of the Class A Common Units of Netsmart owned by the Company. Prior to the sale, Netsmart comprised a separate reportable segment, which due to its significance to our historical consolidated financial statements and results of operations, is now reported as a discontinued operation as a result of the sale for all periods presented. The loss from discontinued operations represents the net of losses incurred by Netsmart for the years ended December 31, 2018 and 2017 partly offset by earnings attributable to two solutions acquired during the fourth quarter of 2017 as part of the EIS Business that we no longer support effective as of March 31, 2018. Refer to Note 17, “Discontinued Operations” to our consolidated financial statements included in Part II, Item 8, “Financial Statements and Supplementary Data” of this Form 10-K for additional information regarding discontinued operations.

Year Ended December 31,
2019 %
2018 %
(In thousands)
2019
2018
2017
Change from 2018
Change from 2017
Loss from discontinued operations
$ 0
$(72,836)
$(11,915)
(100.0%)
NM
Gain on sale of Netsmart
$ 0
500,471
0
(100.0%)
NM
Income tax effect on discontinued operations
$ 0
(32,497)
42,263
(100.0%)
(176.9%)
Income (loss) from discontinued operations, net of tax
$ 0
$395,138
$30,348
(100.0%)
NM


Question: Analyse this data from a financial earnings document. What was the change in the Loss from discontinued operations from 2017 to 2018?
Choices:
-60921
-20582
42263
-72838
867840940
Correct choice index: 0
entergy louisiana , inc .
management's financial discussion and analysis results of operations net income 2004 compared to 2003 net income decreased $ 18.7 million primarily due to lower net revenue , partially offset by lower other operation and maintenance expenses .
2003 compared to 2002 net income increased slightly primarily due to higher net revenue and lower interest charges , almost entirely offset by higher other operation and maintenance expenses , higher depreciation and amortization expenses , and higher taxes other than income taxes .
net revenue 2004 compared to 2003 net revenue , which is entergy louisiana's measure of gross margin , consists of operating revenues net of : 1 ) fuel , fuel-related , and purchased power expenses and 2 ) other regulatory credits .
following is an analysis of the change in net revenue comparing 2004 to 2003. .

(In Millions)
2003 net revenue
$973.7
Price applied to unbilled sales
(31.9)
Deferred fuel cost revisions
(29.4)
Rate refund provisions
(12.2)
Volume/weather
17.0
Summer capacity charges
11.8
Other
2.3
2004 net revenue
$931.3

the price applied to the unbilled sales variance is due to a decrease in the fuel price included in unbilled sales in 2004 caused primarily by the effect of nuclear plant outages in 2003 on average fuel costs .
the deferred fuel cost revisions variance resulted from a revised unbilled sales pricing estimate made in the first quarter of 2003 to more closely align the fuel component of that pricing with expected recoverable fuel costs .
rate refund provisions caused a decrease in net revenue due to additional provisions recorded in 2004 compared to 2003 for potential rate actions and refunds .
the volume/weather variance is due to a total increase of 620 gwh in weather-adjusted usage in all sectors , partially offset by the effect of milder weather on billed sales in the residential and commercial sectors .
the summer capacity charges variance is due to the amortization in 2003 of deferred capacity charges for the summer of 2001 compared to the absence of the amortization in 2004 .
the amortization of these capacity charges began in august 2002 and ended in july 2003. .

Question: Analyse this data from a financial earnings document. what are the deferred fuel cost revisions as a percentage of 2004 net revenue?
Choices:
1
-31.67687
0.03157
-0.03157
-0.03425
Correct choice index: 3
stock performance graph * $ 100 invested on 11/17/11 in our stock or 10/31/11 in the relevant index , including reinvestment of dividends .
fiscal year ending december 31 , 2014 .
( 1 ) delphi automotive plc ( 2 ) s&p 500 2013 standard & poor 2019s 500 total return index ( 3 ) automotive supplier peer group 2013 russell 3000 auto parts index , including american axle & manufacturing , borgwarner inc. , cooper tire & rubber company , dana holding corp. , delphi automotive plc , dorman products inc. , federal-mogul corp. , ford motor co. , fuel systems solutions inc. , general motors co. , gentex corp. , gentherm inc. , genuine parts co. , johnson controls inc. , lkq corp. , lear corp. , meritor inc. , remy international inc. , standard motor products inc. , stoneridge inc. , superior industries international , trw automotive holdings corp. , tenneco inc. , tesla motors inc. , the goodyear tire & rubber co. , tower international inc. , visteon corp. , and wabco holdings inc .
company index november 17 , december 31 , december 31 , december 31 , december 31 .

Company Index
November 17, 2011
December 31, 2011
December 31, 2012
December 31, 2013
December 31, 2014
Delphi Automotive PLC (1)
$100.00
$100.98
$179.33
$285.81
$350.82
S&P 500 (2)
100.00
100.80
116.93
154.80
175.99
Automotive Supplier Peer Group (3)
100.00
89.27
110.41
166.46
178.05

dividends on february 26 , 2013 , the board of directors approved the initiation of dividend payments on the company's ordinary shares .
the board of directors declared a regular quarterly cash dividend of $ 0.17 per ordinary share that was paid in each quarter of 2013 .
in january 2014 , the board of directors increased the quarterly dividend rate to $ 0.25 per ordinary share , which was paid in each quarter of 2014 .
in addition , in january 2015 , the board of directors declared a regular quarterly cash dividend of $ 0.25 per ordinary share , payable on february 27 , 2015 to shareholders of record at the close of business on february 18 , 2015. .

Question: Analyse this data from a financial earnings document. what is the difference between the highest and lowest return for the first year of the investment?
Choices:
0
168.92
68.92
289.74
24.53
Correct choice index: 2
Changes in Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in accumulated other comprehensive income (loss), which is reported as a component of shareholders’ equity, for the years ended December 31, 2019 and 2018:
Expressed in US $000's except share and per share amounts

Accumulated Other Comprehensive Income (Loss)
Years ended
December 31, 2019
December 31, 2018
$
$
Balance, beginning of the year
(12,216)
3,435
Other comprehensive income (loss) before reclassifications
12,865
(19,821)
Loss on cash flow hedges reclassified from accumulated other comprehensive income (loss) to earnings were as follows:
Cost of revenues
279
255
Sales and marketing
1,538
1,224
Research and development
2,620
2,063
General and administrative
744
628
Tax effect on unrealized gain (loss) on cash flow hedges
(4,784)
—
Other comprehensive income (loss), net of tax
13,262
(15,651)
Balance, end of the year
1,046
(12,216)


Question: Analyse this data from a financial earnings document. What is the average ending balance of accumulated other comprehensive income for 2018 and 2019?
Choices:
0
-5
1
-5585
-12216
Correct choice index: 3
20. Computation of Basic/Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share (amounts in millions, except per share data):
The vesting of certain of our employee-related restricted stock units and options is contingent upon the satisfaction of predefined performance measures. The shares underlying these equity awards are included in the weighted-average dilutive common shares only if the performance measures are met as of the end of the reporting period. Additionally, potential common shares are not included in the denominator of the diluted earnings per common share calculation when the inclusion of such shares would be anti-dilutive.

For the Years Ended December 31,
2019
2018
2017
Numerator:
Consolidated net income
$1,503
$1,848
$273
Denominator:
Denominator for basic earnings per common share—weighted-average common shares outstanding
767
762
754
Effect of dilutive stock options and awards under the treasury stock method
4
9
12
Denominator for diluted earnings per common share—weighted-average common shares outstanding plus dilutive common shares under the treasury stock method
771
771
766
Basic earnings per common share
$1.96
$2.43
$0.36
Diluted earnings per common share
$1.95
$2.40
$0.36


Question: Analyse this data from a financial earnings document. What was the change in diluted earnings per common share between 2018 and 2019?
Choices:
-0.48
-0.45
-0.44
4.35
-760.05
Correct choice index: 1
Global Financing Receivables and Allowances
The following table presents external Global Financing receivables excluding residual values, the allowance for credit losses and immaterial miscellaneous receivables:
(1) Includes deferred initial direct costs which are eliminated in IBM’s consolidated results.
The percentage of Global Financing receivables reserved was 1.0 percent at December 31, 2019, compared to 0.9 percent at December 31, 2018. The decline in the allowance for credit losses was driven by write-offs of $64 million, primarily of receivables previously reserved, and net releases of $7 million as a result of lower average asset balances in client and commercial financing. See note K, “Financing Receivables,” for additional information.

($ in millions)
At December 31:
2019
2018
Recorded investment (1)
$22,446
$31,182
Specific allowance for credit losses
177
220
Unallocated allowance for credit losses
45
72
Total allowance for credit losses
221
292
Net financing receivables
$22,224
$30,890


Question: Analyse this data from a financial earnings document. What is the increase / (decrease) in the recorded investment from 2018 to 2019?
Choices:
-8444
-8958
1
-8736
-30962
Correct choice index: 3
The following table presents a reconciliation of revenue to constant currency revenue (in thousands, except for revenue growth):
Total revenue growth declined to 7% in 2019 from 12% in 2018. Our growth rate can depend on a variety of factors, such as new customers, the size, volume, and complexity of our agreements with our customers, foreign currency movements, our ability to work with our customers to implement and deliver our products, our ability to upsell and renew our existing customers, the success of our alliance and partnership arrangements, and the expansion of our business through emerging markets. The decline in the growth rate of total revenue was driven by our strategic plan to transition away from one-time professional services and recommit our efforts to grow recurring revenue and free cash flows.

Year Ended December 31,
2019
2018
2017
Revenue
$576,523
$537,891
$481,985
Foreign exchange effect on current period revenue using prior year rates
7,077
(5,291)
5,865
Constant currency revenue
$583,600
$532,600
$487,850
Revenue growth
7.2%
11.6%
13.9%
Constant currency revenue growth
8.5%
10.5%
15.3%


Question: Analyse this data from a financial earnings document. What is the change in revenue growth between 2019 and 2018?
Choices:
18.8
0
-22.7
-4.4
48198488.4
Correct choice index: 3
the table below summarizes activity of rsus with performance conditions for the year ended december 31 , shares ( in thousands ) weighted average grant date fair value ( per share ) .

Shares(In thousands)
WeightedAverage GrantDate Fair Value(Per share)
Non-vested total as of December 31, 2016
309
$55.94
Granted
186
63.10
Vested
(204)
46.10
Forfeited
(10)
70.50
Non-vested total as of December 31, 2017
281
$67.33

as of december 31 , 2017 , $ 6 million of total unrecognized compensation cost related to the nonvested rsus , with and without performance conditions , is expected to be recognized over the weighted-average remaining life of 1.5 years .
the total fair value of rsus , with and without performance conditions , vested was $ 16 million , $ 14 million and $ 12 million for the years ended december 31 , 2017 , 2016 and 2015 , respectively .
if dividends are paid with respect to shares of the company 2019s common stock before the rsus are distributed , the company credits a liability for the value of the dividends that would have been paid if the rsus were shares of company common stock .
when the rsus are distributed , the company pays the participant a lump sum cash payment equal to the value of the dividend equivalents accrued .
the company accrued dividend equivalents totaling less than $ 1 million , $ 1 million and $ 1 million to accumulated deficit in the accompanying consolidated statements of changes in stockholders 2019 equity for the years ended december 31 , 2017 , 2016 and 2015 , respectively .
employee stock purchase plan the company maintains a nonqualified employee stock purchase plan ( the 201cespp 201d ) through which employee participants may use payroll deductions to acquire company common stock at the lesser of 90% ( 90 % ) of the fair market value of the common stock at either the beginning or the end of a three-month purchase period .
on february 15 , 2017 , the board adopted the american water works company , inc .
and its designated subsidiaries 2017 nonqualified employee stock purchase plan , which was approved by stockholders on may 12 , 2017 and took effect on august 5 , 2017 .
the prior plan was terminated as to new purchases of company stock effective august 31 , 2017 .
as of december 31 , 2017 , there were 2.0 million shares of common stock reserved for issuance under the espp .
the espp is considered compensatory .
during the years ended december 31 , 2017 , 2016 and 2015 , the company issued 93 thousand , 93 thousand and 98 thousand shares , respectively , under the espp. .

Question: Analyse this data from a financial earnings document. based on the weighted average grant date fair value ( per share ) , what was the total granted rsu cost during 2017?
Choices:
-631000
63100
52266000
63100000
11736600.0
Correct choice index: 4
Year Ended December 31, 2019 Compared to Year Ended December 31, 2018
Operating revenues. Operating revenues decreased by 2.0% from NT$151,253 million in 2018 to NT$148,202 million (US$4,955 million) in
2019, primarily due to decreased other operating revenues, decreased foundry wafer sale, and 2.5% depreciation of the NTD in 2019 from 2018. The decreased foundry wafer sale came from a decline of 2.9% in average selling price from 2018 to 2019, partially offset by a 1.1% increase in foundry wafer shipment from 7,108 thousand 8-inch equivalent wafers in 2018 to 7,189 thousand 8-inch equivalent wafers in 2019.
Operating costs. Operating costs decreased by 1.2% from NT$128,413 million in 2018 to NT$126,887 million (US$4,242 million) in 2019, primarily due to the decreased depreciation expense and other operating costs, which was partially offset by the increased direct material costs.
Gross profit and gross margin. Gross profit decreased from NT$22,840 million in 2018 to NT$21,315 million (US$713 million) in 2019. Our gross margin decreased from 15.1% in 2018 to 14.4% in 2019, primarily due to an annual decline of 2.9% in average selling price.

Years Ended December 31,
2017
2018
2019
%
%
%
Operating revenues
100.0
100.0
100.0
Operating costs
(81.9)
(84.9)
(85.6)
Gross profit
18.1
15.1
14.4
Operating expenses
Sales and marketing
(2.8)
(2.6)
(2.6)
General and administrative
(2.8)
(3.2)
(3.6)
Research and development
(9.2)
(8.6)
(8.0)
Expected credit losses
—
(0.3)
(0.4)
Subtotal
(14.8)
(14.7)
(14.6)
Net other operating income and expenses
1.1
3.4
3.5
Operating income
4.4
3.8
3.3
Non-operating income and expenses
0.7
(2.4)
(0.1)
Income from continuing operations before income tax
5.1
1.4
3.2
Income tax benefit (expense)
(0.6)
0.7
(0.1)
Net income
4.5
2.1
3.1
Total other comprehensive income (loss), net of tax
(3.2)
0.6
1.9
Total comprehensive income
1.3
2.7
5.0
Net income attributable to:
Stockholders of the parent
6.5
5.1
5.5
Non-controlling interests
(2.0)
(3.0)
(2.4)
Total comprehensive income attributable to:
Stockholders of the parent
3.3
5.7
7.4
Non-controlling interests
(2.0)
(3.0)
(2.4)


Question: Analyse this data from a financial earnings document. What is the average of Gross profit?
Choices:
16.1
15.87
1.47
0.02
14.63
Correct choice index: 1
Results of Operations
Year Ended December 31, 2019 Compared to the Year Ended December 31, 2018
Our management reviews and analyzes several key financial measures in order to manage our business and assess the quality of and variability of our service revenue, operating results and cash flows. The following summary tables present a comparison of our results of operations with respect to certain key financial measures. The comparisons illustrated in the tables are discussed in greater detail below.

Year Ended December 31,
2019
2018
Percent Change
Other Operating Data
Average Revenue Per Unit (ARPU)
ARPU—on-net
$ 461
$ 480
(3.8)%
ARPU—off-net
$ 1,097
$ 1,155
(5.0)%
Average price per megabit
$ 0.62
$ 0.82
(23.9)%
Customer Connections—end of period
On-net
74,554
68,770
8.4%
Off-net
11,660
10,974
6.3%


Question: Analyse this data from a financial earnings document. What is the average APRU from on-net in 2018 and 2019?
Choices:
0.8
461
470.5
0.5
943
Correct choice index: 2