trismik/FinRAG huggingface dataset:
Liquidity and Capital Resources
Our principal sources of liquidity are cash and cash equivalents, investments and accounts receivable. The following table shows net cash provided by operating activities, net cash used in investing activities, and net cash provided by (used in) financing activities for the years ended March 31, 2019, 2018 and 2017:
In November 2015, we raised net proceeds of $68.3 million in our initial public offering after deducting underwriting discounts and commissions and offering expenses paid by us. In the years ended March 31, 2019, 2018 and 2017, we incurred operating losses of $1.2 million, $7.0 million and $10.4 million, respectively. While we expect to generate an operating loss in the year ending March 31, 2020, we expect to continue to generate positive cash flows from operating activities.
In the year ending March 31, 2020, we plan to continue to invest in the development and expansion of our Mime | OS™ platform to improve on our existing solutions in order to provide more capabilities to our customers. Investments in capital expenditures in the year ended March 31, 2019 were $28.8 million of which $25.8 million related to the expansion of our grid architecture.
We expect fiscal year 2020 capital expenditures to increase significantly as we expect to incur one-time costs related to the build out and expansion of facilities in the U.K. and other locations and additional data center expansion primarily in the U.S.
As of March 31, 2019 and 2018, we had cash, cash equivalents and investments of $173.5 million and $137.2 million, respectively. Based on our current operating plan, we believe that our current cash and cash equivalents, investments and operating cash flows will be sufficient to fund our operations for at least the next twelve months. Our future capital requirements may vary materially from those planned and will depend on certain factors, such as our growth and our operating results.
If we require additional capital resources to grow our business or to acquire complementary technologies and businesses in the future, we may seek to sell additional equity or raise funds through debt financing or other sources. We may also seek to invest in or acquire complement ary businesses, applications or technologies, any of which could also require us to seek additional equity or debt financing.
We cannot provide assurance that additional financing will be available at all or on terms favorable to us. We had no material commitments for capital expenditures as of March 31, 2019 or 2018.

Year ended March 31, 
2019
2018
2017
(in thousands)
Net cash provided by operating activities
$66,235
$46,412
$32,514
Net cash used in investing activities
(121,324)
(35,019)
(84,615)
Net cash provided by (used in) financing activities
116,985
13,156
(332)


Question: Analyse this data from a financial earnings document. What was the average Net cash used in investing activities between 2017 to 2019?
Choices:
-80319333333.33
-26666018.67
-80319.33
96383.2
156343
Correct choice index: 2
Note 7 — Inventories, net
Inventories are used in the manufacture and service of Restaurant/Retail products. The components of inventory, net consist of the following:
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.

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


Question: Analyse this data from a financial earnings document. What is the change in Finished Goods between December 31, 2018 and 2019?
Choices:
-8234
-14417
0
-4152000
-4152
Correct choice index: 4
Consolidated Results
Net Revenues by Distribution Channel
The following table details our consolidated net revenues by distribution channel (amounts in millions):
(1) Net revenues from “Digital online channels” include revenues from digitally-distributed subscriptions, downloadable content, microtransactions, and products, as well as licensing royalties.
(2) Net revenues from “Other” primarily includes revenues from our Distribution business and the Overwatch League.
Digital Online Channel Net Revenues The decrease in net revenues from digital online channels for 2019, as compared to 2018, was primarily due to: • lower revenues recognized from the Destiny franchise (reflecting our sale of the publishing rights for Destiny to Bungie in December 2018); and • lower revenues recognized from Hearthstone.
Retail Channel Net Revenues The decrease in net revenues from retail channels for 2019, as compared to 2018, was primarily due to: • lower revenues recognized from Call of Duty: Black Ops 4, which was released in October 2018, as compared to Call of Duty: WWII, which was released in November 2017; • lower revenues recognized from the Destiny franchise; and • lower revenues from Crash Bandicoot™ N. Sane Trilogy, which was released on the Xbox One, PC, and Nintendo Switch in June 2018.
The decrease was partially offset by: • revenues recognized from Crash Team Racing Nitro-Fueled, which was released in June 2019; • revenues from Sekiro: Shadows Die Twice, which was released in March 2019; and • higher revenues recognized from Call of Duty: Modern Warfare, which was released in October 2019, as compared to Call of Duty: Black Ops 4.

For the Years Ended December 31,
2019
2018
Increase/ (decrease)
% Change
Net revenues by distribution channel:
Digital online channels (1)
$4,932
$5,786
$(854)
(15)%
Retail channels
909
1,107
(198)
(18)
Other (2)
648
607
41
7
Total consolidated net revenues
$6,489
$7,500
$(1,011)
(13)


Question: Analyse this data from a financial earnings document. What is the total consolidated net revenue of Digital Online channels and Other in 2018?
Choices:
6393
594
6434
7000
11572
Correct choice index: 0
future minimum lease payments for all non-cancelable operating leases at may 31 , 2013 were as follows : fiscal years ending may 31: .

2014
$11,057
2015
8,985
2016
7,378
2017
6,700
2018
6,164
Thereafter
16,812
Total future minimum lease payments
$57,096

we are party to a number of claims and lawsuits incidental to our business .
in our opinion , the liabilities , if any , which may ultimately result from the outcome of such matters , individually or in the aggregate , are not expected to have a material adverse impact on our financial position , liquidity or results of operations .
operating taxes we define operating taxes as taxes that are unrelated to income taxes , such as sales , property , value-add and other business taxes .
during the course of operations , we must interpret the meaning of various operating tax matters in the united states and in the foreign jurisdictions in which we do business .
taxing authorities in those various jurisdictions may arrive at different interpretations of applicable tax laws and regulations as they relate to such operating tax matters , which could result in the payment of additional taxes in those jurisdictions .
as of may 31 , 2013 and 2012 , we did not have liabilities for contingencies related to operating tax items based on management 2019s best estimate given our history with similar matters and interpretations of current laws and regulations .
bin/ica agreements we have entered into sponsorship or depository and processing agreements with certain banks .
these agreements allow us to use the banks 2019 identification numbers , referred to as bank identification number ( 201cbin 201d ) for visa transactions and interbank card association ( 201cica 201d ) number for mastercard transactions , to clear credit card transactions through visa and mastercard .
certain of such agreements contain financial covenants , and we were in compliance with all such covenants as of may 31 , 2013 .
our canadian visa sponsorship , which was originally obtained through a canadian financial institution , expired in march 2011 .
we have filed an application with the office of the superintendent of financial institutions canada ( 201cosfi 201d ) for the formation of a wholly owned loan company in canada which would serve as our financial institution sponsor .
on december 12 , 2012 , the loan company received a restricted order to commence and carry on business from osfi which will enable the loan company to become a direct visa member at such time that global payments concludes the appropriate bin transfer process with visa .
in march 2011 , we obtained temporary direct participation in the visa canada system , while the loan company application was pending .
we anticipate that the bin transfer process with visa will be completed by september 30 , 2013. .

Question: Analyse this data from a financial earnings document. what percentage of lease payments will be paid out in the first year?
Choices:
0.19366
19.36563
5.16379
11057.19366
1
Correct choice index: 0
Non-Recurring Fair Value
Certain assets, under certain conditions, are measured at fair value on a nonrecurring basis utilizing Level 3 inputs, as described in Note 1, Overview and Summary of Significant Accounting Policies, like those associated with acquired businesses, including goodwill, other intangible assets, other long-lived assets and equity method investments. For these assets, measurement at fair value in periods subsequent to their initial recognition would be applicable if these assets were determined to be impaired.
The adjusted carrying values for assets measured at fair value on a nonrecurring basis (no liabilities) subject to the requirements of ASC 820 were not material at December 31, 2019 and 2018. The following table summarizes the total impairment losses in the accompanying Consolidated Statements of Operations related to nonrecurring fair value measurements of certain assets (no liabilities):
In connection with the closure of certain under-utilized customer engagement centers and the consolidation of leased space in the U.S. and Canada, the Company recorded impairment charges of $1.7 million, $9.4 million and $5.2 million during the years ended December 2019, 2018 and 2017, respectively, related to the exit of leased facilities as well as leasehold improvements, equipment, furniture and fixtures which were not recoverable. See Note 5, Costs Associated with Exit or Disposal Activities, for further information.
Also, the Company recorded an impairment charge of $0.2 million related to the write-down of a vacant and unused parcel of land in the U.S. to its estimated fair value during the year ended December 31, 2017.

Years Ended December31,
2019
2018
2017
Americas:
Property and equipment, net
$(343)
$(9,401)
$(5,410)
Operating lease right-of-use assets
(1,368)
—
—
$(1,711)
$(9,401)
$(5,410)


Question: Analyse this data from a financial earnings document. What was the change in Property and equipment, net in 2018 from 2017?
Choices:
3991
-7690
-3991
2
-14811
Correct choice index: 2
15. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
During the quarter ended December 31, 2019, we purchased a group annuity contract to transfer the pension benefit obligations and annuity administration for a select group of retirees or their beneficiaries to an annuity provider. As a result of the transfer of the pension liability to the annuity provider and other lump sum payments to participants of the Pension Plans, we recognized a non-cash pension settlement charge of $6.7 million during the quarter ended December 31, 2019.
In 2019, we recognized a gain on extinguishment of debt from the partial repurchase of our Senior Notes of $0.3 million, $1.1 million and $3.1 million during the quarters ended June 30, 2019, September 30, 2019, and December 31, 2019, respectively.
As part of our integration efforts of FairPoint and continued cost saving initiatives, we incurred severance costs of $8.7 million during the quarter ended December 31, 2019.

Quarter Ended
2019
March 31,
June 30,
September 30,
December 31,
(In thousands, except per share amounts)
Net revenues
$338,649
$333,532
$333,326
$331,035
Operating income
$16,720
$14,300
$23,542
$26,719
Net income (loss) attributable to common stockholders
$(7,265)
$(7,387)
$257
$(5,988)
Basic and diluted earnings (loss) per share
$(0.11)
$(0.10)
$—
$(0.08)


Question: Analyse this data from a financial earnings document. What is the average Operating income for each quarter in 2019?
Choices:
26219.68
20320250000
98302.75
20320.25
12565.54
Correct choice index: 3
As of December 31, 2019, we had 19,577 employees, which included 11,328 engineers, 7,416 technicians and 833 administrative staff performing administrative functions on a consolidated basis. We have in the past implemented, and may in the future evaluate the need to implement, labor redundancy plans based on the work performance of our employees.
Employee salaries are reviewed annually. Salaries are adjusted based on industry standards, inflation and individual performance. As an incentive, additional bonuses in cash may be paid at the discretion of management based on the performance of individuals. In addition, except under certain circumstances, R.O.C. law requires us to reserve from 10% to 15% of any offerings of our new common shares for employees’ subscription.
Our employees participate in our profit distribution pursuant to our articles of incorporation. Employees are entitled to receive additional bonuses based on a certain percentage of our allocable surplus income. On February 26, 2020, our board of directors proposed an employee bonus in cash in the aggregate amount of NT$1,133 million (US$38 million) in relation to retained earnings in 2019.
Our employees are not covered by any collective bargaining agreements. We believe we have a good relationship with our employees.

As of December 31,
2017
2018
2019
Employees
Engineers
11,846
11,651
11,328
Technicians
7,432
7,494
7,416
Administrative Staff
798
784
833
Total
20,076
19,929
19,577


Question: Analyse this data from a financial earnings document. What is the average number of Administrative Staff employed?
Choices:
555
805
250
-805
1582
Correct choice index: 1
Operating income in the fourth quarter grew on a sequential and year-over-year basis to $460 million compared to $336 million and $443 million in the prior and year-ago quarters, respectively.
Operating income

Three Months Ended
December 31, 2019
September 29, 2019
December 31, 2018
(Unaudited, in millions)
Operating income
$460
$336
$443
As percentage of net revenues
16.7%
13.1%
16.8%


Question: Analyse this data from a financial earnings document. What is the average Operating income for the period December 31, 2019 and 2018?
Choices:
5375
0
2
451.5
200014.5
Correct choice index: 3
Fair Value of Financial Instruments
The carrying amounts of cash and cash equivalents, trade accounts receivable, prepaid expenses and other current assets, accounts payable and accrued expenses approximate fair value because of the short-term nature of these financial instruments. The carrying amounts of borrowings under credit facilities and under loans approximates fair value as interest rates on these instruments approximates current market rates.
Notes payable and long-term debt is carried at amortized cost; however, the Company estimates the fair value of notes payable and long-term debt for disclosure purposes. The following table presents the carrying amounts and fair values of the Company’s notes payable and long-term debt, by hierarchy level as of the periods indicated:
(1) The fair value estimates are based upon observable market data.
(2) This fair value estimate is based on the Company’s indicative borrowing cost derived from discounted cash flows.
Refer to Note 9 – “Postretirement and Other Employee Benefits” for disclosure surrounding the fair value of the Company’s pension plan assets.

August 31, 2019
August 31, 2018
(in thousands)
Fair Value Hierarchy
Carrying Amount
Fair Value
Carrying Amount
Fair Value
Notes payable and long-term debt: (Note 8)
5.625% Senior Notes
Level 2(1)
$398,886
$416,000
$397,995
$415,704
4.700% Senior Notes
Level 2(1)
498,004
525,890
497,350
503,545
4.900% Senior Notes
Level 3(2)
299,057
318,704
298,814
306,535
3.950% Senior Notes
Level 2(1)
494,825
509,845
494,208
476,010


Question: Analyse this data from a financial earnings document. What was the change in the fair value for the 4.700% Senior Notes between 2018 and 2019?
Choices:
22345
28540
9295520000
223
-22345
Correct choice index: 0
(1) Using the euro per US dollar exchange rate on December 31, 2019 of €1 = $1.1213.
(2) Since May 23, 2019 Mr. Manzi has not been a member of the Supervisory Board.
(3) Global indirect employees are all employees other than those directly manufacturing our products.
We do not have any service agreements with members of our Supervisory Board. We did not extend any loans or overdrafts to any of our Supervisory Board members. Furthermore, we have not guaranteed any debts or concluded any leases with any of our Supervisory Board members or their families.

2019
2018
2017
Directors' remuneration
Average remuneration of Supervisory Board Members(1)
$105,066(2)
$ 115,618
$ 123,281
Company's performance
Net revenues (amounts in millions)
$ 9,556
$ 9,664
$ 8,347
Operating income (amounts in millions)
$ 1,203
$ 1,400
$ 1,005
Average remuneration of all global indirect employees (FTE basis) (3)
Employees
$ 97,300
$ 100,600
$ 93,500


Question: Analyse this data from a financial earnings document. What was the average Net Revenues?
Choices:
9153
19220
9189
38840
6407
Correct choice index: 2
ADVANCED ENERGY INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (continued) (in thousands, except per share amounts)
We have established an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends, and other information.
Accounts Receivable and Allowance for Doubtful Accounts — Accounts receivable are recorded at net realizable value. We maintain a credit approval process and we make significant judgments in connection with assessing our customers’ ability to pay. Despite this assessment, from time to time, our customers are unable to meet their payment obligations. We continuously monitor our customers’ credit worthiness and use our judgment in establishing a provision for estimated credit losses based upon our historical experience and any specific customer collection issues that we have identified. While such credit losses have historically been within our expectations and the provisions established, there is no assurance that we will continue to experience the same credit loss rates that we have in the past. For example, in the fourth quarter, we increased our allowance for doubtful accounts by $4.2 million relating to a customer exposure in China resulting from economic softness and funding delays causing uncertainty in large program timing which uncertainty is now exacerbated by the spreading Coronavirus. A significant change in the liquidity or financial position of our customers could have a material adverse impact on the collectability of accounts receivable and our future operating results.
Changes in allowance for doubtful accounts are summarized as follows:

Years Ended December 31,
2019
2018
Balances at beginning of period
$1,856
$1,748
Additions from acquisition
1,884
416
Additions - charged to expense
4,207
109
Deductions - write-offs, net of recoveries
(202)
(417)
Balances at end of period
$7,745
$1,856


Question: Analyse this data from a financial earnings document. What were the changes in Additions from acquisition between 2018 and 2019?
Choices:
1332
1468
1775
0
28
Correct choice index: 1
stock performance graph this performance graph shall not be deemed 201cfiled 201d for purposes of section 18 of the securities exchange act of 1934 , as amended ( the 201cexchange act 201d ) or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing of tractor supply company under the securities act of 1933 , as amended , or the exchange act .
the following graph compares the cumulative total stockholder return on our common stock from december 29 , 2012 to december 30 , 2017 ( the company 2019s fiscal year-end ) , with the cumulative total returns of the s&p 500 index and the s&p retail index over the same period .
the comparison assumes that $ 100 was invested on december 29 , 2012 , in our common stock and in each of the foregoing indices and in each case assumes reinvestment of dividends .
the historical stock price performance shown on this graph is not indicative of future performance. .

12/29/2012
12/28/2013
12/27/2014
12/26/2015
12/31/2016
12/30/2017
Tractor Supply Company
$100.00
$174.14
$181.29
$201.04
$179.94
$180.52
S&P 500
$100.00
$134.11
$155.24
$156.43
$173.74
$211.67
S&P Retail Index
$100.00
$147.73
$164.24
$207.15
$219.43
$286.13

.

Question: Analyse this data from a financial earnings document. compared to the s&p 500 ,what was the difference in percentage growth from the s&p 500 retail index .
Choices:
-1.1167
2.0785
1.1167
5.0876
0.7446
Correct choice index: 4
CASH FLOW STATEMENT1
1 Abridged version. The complete version is shown in the consolidated financial statements.

€ million
2017/18
2018/19
Cash flow from operating activities of continuing operations
766
796
Cash flow from operating activities of discontinued operations
139
157
Cash flow from operating activities
905
953
Cash flow from investing activities of continuing operations
−292
46
Cash flow from investing activities of discontinued operations
−89
−136
Cash flow from investing activities
−381
−90
Cash flow before financing activities of continuing operations
474
842
Cash flow before financing activities of discontinued operations
50
21
Cash flow before financing activities
524
863
Cash flow from financing activities of continuing operations
−587
−1,122
Cash flow from financing activities of discontinued operations
−74
−109
Cash flow from financing activities
−661
−1,231
Total cash flows
−137
−368
Currency effects on cash and cash equivalents
−30
17
Total change in cash and cash equivalents
−167
−351


Question: Analyse this data from a financial earnings document. What was the change in cash flow from operating activities in FY2019 from FY2018?
Choices:
90
48
-768
-48
366
Correct choice index: 1
Movement of options during the year ended 30 June 2018:
The weighted average fair value of options granted during the year was nil (2018: nil) as there were none issued during the year.
The weighted average share price for share options exercised during the period was $3.57 (2018: $3.90).
The weighted average remaining contractual life for share options outstanding at the end of the period was 1.68 years (2018: 2.47 years).
The weighted average remaining contractual life for share options outstanding at the end of the period was 1.68 years (2018: 2.47 years).

Grant Date
Exercise Date
Expiry Date
Exercise Price $
No. of Options at Beg. of Year
Options Exercised or Lapsed
No. of Options at End of Year
2 Jul 2012
2 Jul 2015
2 Jul 2017
0.92
40,000
(40,000)
-
2 Jul 2013
2 Jul 2016
30 Sept 2018 1
0.92
295,000
(220,000)
75,000
2 Jul 2014
2 Jul 2017
2 Jul 2019
1.30
875,000
(405,000)
470,000
2 Jul 2015
2 Jul 2018
2 Jul 2020
2.67
1,000,000
-
1,000,000
22 Dec 2016
31 Aug 2019
22 Dec 2021
3.59
1,323,730
-
1,323,730
Total
3,533,730
(665,000)
2,868,730
Weighted average exercise price
$1.15
$2.82


Question: Analyse this data from a financial earnings document. What was the total weighted exercise cost for all options exercised or lapsed?
Choices:
76475000
1
442225000000
764750
-764750
Correct choice index: 3