trismik/FinRAG huggingface dataset:
Share Options
The Company estimates the fair value of employee share options on the date of grant using the Black-Scholes option-pricing model, which requires the use of highly subjective estimates and assumptions. The Company estimates the expected term of share options for service-based awards utilizing the “Simplified Method,” as it does not have sufficient historical share option exercise information on which to base its estimate. The Simplified Method is based on the average of the vesting tranches and the contractual life of each grant.
The risk-free interest rate is based on a treasury instrument whose term is consistent with the expected life of the share option. Since there was no public market for the Company’s ordinary shares prior to the IPO and as its shares have been publicly traded for a limited time, the Company determined the expected volatility for options granted based on an analysis of reported data for a peer group of companies that issue options with substantially similar terms.
The expected volatility of options granted has been determined using an average of the historical volatility measures of this peer group of companies. The Company uses an expected dividend rate of zero as it currently has no history or expectation of paying dividends on its ordinary shares. The fair value of the Company’s ordinary shares at the time of each share option grant is based on the closing market value of its ordinary shares on the grant date.
The fair value of each share option grant was estimated using the Black-Scholes option-pricing model that used the following weighted-average assumptions:
The weighted-average per share fair value of share options granted to employees during the years ended March 31, 2019, 2018 and 2017 was $16.48, $11.12 and $8.65 per share, respectively.

Year ended March 31, 
2019
2018
2017
Expected term (in years)
6.1
6.1
6.1
Risk-free interest rate
2.7%
2.2%
2.1%
Expected volatility
41.5%
39.8%
41.0%
Expected dividend yield  
—%
—%
—%
Estimated grant date fair value per ordinary share
$37.15
$26.52
$20.22


Question: Analyse this data from a financial earnings document. What was the average Expected volatility between 2017-2019?
Choices:
40.77
0.02
27.07
294.7
1.1
Correct choice index: 0
notes to consolidated financial statements 2014 ( continued ) the following table summarizes the changes in non-vested restricted stock awards for the year ended may 31 , 2009 ( share awards in thousands ) : share awards weighted average grant-date fair value .

Share Awards
Weighted Average  Grant-Date  Fair Value
Non-vested at May 31, 2007
278
$37
Granted
400
38
Vested
(136)
30
Forfeited
(24)
40
Non-vested at May 31, 2008
518
39
Granted
430
43
Vested
(159)
39
Forfeited
(27)
41
Non-vested at May 31, 2009
762
42

the weighted average grant-date fair value of share awards granted in the years ended may 31 , 2008 and 2007 was $ 38 and $ 45 , respectively .
the total fair value of share awards vested during the years ended may 31 , 2009 , 2008 and 2007 was $ 6.2 million , $ 4.1 million and $ 1.7 million , respectively .
we recognized compensation expense for restricted stock of $ 9.0 million , $ 5.7 million , and $ 2.7 million in the years ended may 31 , 2009 , 2008 and 2007 .
as of may 31 , 2009 , there was $ 23.5 million of total unrecognized compensation cost related to unvested restricted stock awards that is expected to be recognized over a weighted average period of 2.9 years .
employee stock purchase plan we have an employee stock purchase plan under which the sale of 2.4 million shares of our common stock has been authorized .
employees may designate up to the lesser of $ 25000 or 20% ( 20 % ) of their annual compensation for the purchase of stock .
the price for shares purchased under the plan is 85% ( 85 % ) of the market value on the last day of the quarterly purchase period .
as of may 31 , 2009 , 0.8 million shares had been issued under this plan , with 1.6 million shares reserved for future issuance .
the weighted average grant-date fair value of each designated share purchased under this plan was $ 6 , $ 6 and $ 8 in the years ended may 31 , 2009 , 2008 and 2007 , respectively .
these values represent the fair value of the 15% ( 15 % ) discount .
note 12 2014segment information general information during fiscal 2009 , we began assessing our operating performance using a new segment structure .
we made this change as a result of our june 30 , 2008 acquisition of 51% ( 51 % ) of hsbc merchant services llp in the united kingdom , in addition to anticipated future international expansion .
beginning with the quarter ended august 31 , 2008 , the reportable segments are defined as north america merchant services , international merchant services , and money transfer .
the following tables reflect these changes and such reportable segments for fiscal years 2009 , 2008 , and 2007. .

Question: Analyse this data from a financial earnings document. what was the percentage increase of total fair value of share awards vested from 2007 to 2009?
Choices:
-3.55294
-0.03309
0.1
2.64706
0.72581
Correct choice index: 3
In 2019, gross margin decreased by 130 basis points to 38.7% from 40.0% in the full year 2018 mainly due to normal price pressure and increased unsaturation charges, partially offset by improved manufacturing efficiencies, better product mix, and favorable currency effects, net of hedging. Unused capacity charges in 2019 were $65 million, impacting full year gross margin by 70 basis points.
In 2018, gross margin improved by 80 basis points to 40.0% from 39.2% in the full year 2017 benefiting from manufacturing efficiencies and better product mix, partially offset by normal price pressure and unfavorable currency effects, net of hedging. In 2018 unused capacity charges were negligible.

Year Ended December 31,
Year Ended December 31,
Year Ended December 31,
Variation
Variation
2019
2018
2017
2019 vs 2018
2018 vs 2017
(In millions)
(In millions)
(In millions)
Cost of sales
$(5,860)
$(5,803)
$(5,075)
1.0%
(14.3)%
Gross profit
$3,696
$3,861
$3,272
(4.3)%
18.0%
Gross margin (as percentage of net revenues)
38.7%
40.0%
39.2%
-130 bps
+80 bps


Question: Analyse this data from a financial earnings document. What is the average Gross profit?
Choices:
0
-1.85
27072.5
2322.8
3609.67
Correct choice index: 4
Cost of Services Cost of services decreased $204 million, or 1.9%, during 2019 compared to 2018, primarily due to lower access costs resulting from a decline in voice connections, as well as lower employee-related costs associated with the lower headcount resulting from the Voluntary Separation Program, offset by an increase in regulatory fees.
Cost of Wireless Equipment Cost of wireless equipment increased $173 million, or 3.8%, during 2019 compared to 2018, primarily driven by a shift to higher priced units in the mix of wireless devices sold and an increase in the number of wireless devices sold.
Selling, General and Administrative Expense Selling, general and administrative expense increased $499 million, or 6.5%, during 2019 compared to 2018, due to increases in advertising expenses and sales commission expense, which were partially offset by decreases in employee-related costs resulting from the Voluntary Separation Program. The increase in sales commission expense was primarily due to a lower net deferral of commission costs in 2019 as compared to 2018 as a result of the adoption of Topic 606 on January 1, 2018 using a modified retrospective approach.
Depreciation and Amortization Expense Depreciation and amortization expense decreased $153 million, or 3.6%, during 2019 compared to 2018, driven by the change in the mix of total Verizon depreciable assets and Business’s usage of those assets.

(dollars in millions) Increase/ (Decrease)
Years Ended December 31,
2019
2018
2019 vs. 2018
Cost of services 
$10,655
$10,859
$(204)
(1.9)%
Cost of wireless equipment 
4,733
4,560
173
3.8
Selling, general and administrative expense 
8,188
7,689
499
6.5
Depreciation and amortization expense 
4,105
4,258
(153)
(3.6)
Total Operating Expenses 
$ 27,681
$ 27,366
$ 315
1.2


Question: Analyse this data from a financial earnings document. What is the change in Cost of wireless equipment from 2018 to 2019?
Choices:
173
-173
0
1
-6126
Correct choice index: 0
republic services , inc .
notes to consolidated financial statements 2014 ( continued ) 12 .
share repurchases and dividends share repurchases share repurchase activity during the years ended december 31 , 2018 and 2017 follows ( in millions except per share amounts ) : .

2018
2017
Number of shares repurchased
10.7
9.6
Amount paid
$736.9
$610.7
Weighted average cost per share
$69.06
$63.84

as of december 31 , 2018 , there were no repurchased shares pending settlement .
in october 2017 , our board of directors added $ 2.0 billion to the existing share repurchase authorization that now extends through december 31 , 2020 .
share repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable federal securities laws .
while the board of directors has approved the program , the timing of any purchases , the prices and the number of shares of common stock to be purchased will be determined by our management , at its discretion , and will depend upon market conditions and other factors .
the share repurchase program may be extended , suspended or discontinued at any time .
as of december 31 , 2018 , the remaining authorized purchase capacity under our october 2017 repurchase program was $ 1.1 billion .
dividends in october 2018 , our board of directors approved a quarterly dividend of $ 0.375 per share .
cash dividends declared were $ 468.4 million , $ 446.3 million and $ 423.8 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively .
as of december 31 , 2018 , we recorded a quarterly dividend payable of $ 121.0 million to shareholders of record at the close of business on january 2 , 2019 .
13 .
earnings per share basic earnings per share is computed by dividing net income attributable to republic services , inc .
by the weighted average number of common shares ( including vested but unissued rsus ) outstanding during the period .
diluted earnings per share is based on the combined weighted average number of common shares and common share equivalents outstanding , which include , where appropriate , the assumed exercise of employee stock options , unvested rsus and unvested psus at the expected attainment levels .
we use the treasury stock method in computing diluted earnings per share. .

Question: Analyse this data from a financial earnings document. between 2018 and 2017 what was the percent change in the weighted average cost per share
Choices:
63.75823
0.07559
0.08177
0.54375
0.89536
Correct choice index: 2
Research and Development Expenses: research and development expenses consist primarily of personnel related expenditures. We intend to continue to invest significantly in our research and development efforts because, in our judgment, they are essential to maintaining our competitive position.
(1) Excluding stock-based compensation
On a constant currency basis, total research and development expenses were flat in fiscal 2019, as lower employee related expenses including lower variable compensation were offset by an increase in stock-based compensation expenses .

Year Ended May 31,
Percent Change
(Dollars in millions)
2019
Actual
Constant
2018
Research and development (1)
$5,063
-2%
0%
$5,163
Stock-based compensation
963
5%
5%
921
Total expenses
$6,026
-1%
0%
$6,084
% of Total Revenues
15%
15%


Question: Analyse this data from a financial earnings document. How much more was the research and development expenses in 2018 compared to 2019?
Choices:
26140269
10000
-5063
100
10226
Correct choice index: 3
Deferred Compensation Plans
Under our deferred compensation plans (‘‘plans’’), eligible employees are permitted to make compensation deferrals up to established limits set under the plans and accrue income on these deferrals based on reference to changes in available investment options. While not required by the plan, we choose to invest in insurance contracts and mutual funds in order to approximate the changes in the liability to the employees. These investments and the liability to the employees were as follows (in thousands):
Life insurance premiums loads, policy fees and cost of insurance that are paid from the asset investments and gains and losses from the asset investments for these plans are recorded as components of other income or expense; such amounts were net gains of $1.1 million in fiscal 2019, $4.8 million in fiscal 2018 and $5.0 million (including a $1.3 million death benefit) in fiscal 2017. Changes in the obligation to plan participants are recorded as a component of operating expenses and cost of sales; such amounts were net losses of $1.5 million in fiscal 2019, $5.2 million in fiscal 2018 and $3.9 million in fiscal 2017. Liabilities associated with participant balances under our deferred compensation plans are affected by individual contributions and distributions made, as well as gains and losses on the participant’s investment allocation election.

Fiscal year-end
2019
2018
Total deferred compensation liability, included in:
Other current liabilities
$3,233
$844
Other long-term liabilities
39,715
40,895
Total deferred compensation liability
$42,948
$41,739


Question: Analyse this data from a financial earnings document. What was the change in Other current liabilities from 2018 to 2019?
Choices:
238900
-842
2389
3229
3228
Correct choice index: 2
eog resources , inc .
supplemental information to consolidated financial statements ( continued ) capitalized costs relating to oil and gas producing activities .
the following table sets forth the capitalized costs relating to eog's crude oil and natural gas producing activities at december 31 , 2018 and 2017: .

2018
2017
Proved properties
$53,624,809
$48,845,672
Unproved properties
3,705,207
3,710,069
Total
57,330,016
52,555,741
Accumulated depreciation, depletion and amortization
(31,674,085)
(29,191,247)
Net capitalized costs
$25,655,931
$23,364,494

costs incurred in oil and gas property acquisition , exploration and development activities .
the acquisition , exploration and development costs disclosed in the following tables are in accordance with definitions in the extractive industries - oil and gas topic of the accounting standards codification ( asc ) .
acquisition costs include costs incurred to purchase , lease or otherwise acquire property .
exploration costs include additions to exploratory wells , including those in progress , and exploration expenses .
development costs include additions to production facilities and equipment and additions to development wells , including those in progress. .

Question: Analyse this data from a financial earnings document. considering the years 2017 and 2018 , what was the increase observed in the net capitalized costs?
Choices:
23364494.09807
0
0.09807
29191248.09807
-3710067.90193
Correct choice index: 2
10 Earnings per share
Basic and diluted earnings per share calculated on an adjusted profit basis are included in Note 2.
The dilution is in respect of unexercised share options and the Performance Share Plan.

2019
2018
Profit attributable to equity shareholders (£m)
166.6
223.1
Weighted average shares (million)
73.7
73.6
Dilution (million)
0.2
0.2
Diluted weighted average shares (million)
73.9
73.8
Basic earnings per share
226.2p
303.1p
Diluted earnings per share
225.5p
302.0p


Question: Analyse this data from a financial earnings document. What was the change in the profit attributable to equity shareholders from 2018 to 2019?
Choices:
-221.1
279.6
166.4
-135.4
-56.5
Correct choice index: 4
We engaged with Dell in the following ongoing related party transactions, which resulted in costs to us:
• We purchase and lease products and purchase services from Dell.
• From time to time, we and Dell enter into agreements to collaborate on technology projects, and we pay Dell for services provided to us by Dell related to such projects.
• In certain geographic regions where we do not have an established legal entity, we contract with Dell subsidiaries for support services and support from Dell personnel who are managed by us. The costs incurred by Dell on our behalf related to these employees are charged to us with a mark-up intended to approximate costs that would have been incurred had we contracted for such services with an unrelated third party. These costs are included as expenses on our consolidated statements of income and primarily include salaries, benefits, travel and occupancy expenses. Dell also incurs certain administrative costs on our behalf in the U.S. that are recorded as expenses on our consolidated statements of income.
• In certain geographic regions, Dell files a consolidated indirect tax return, which includes value added taxes and other indirect taxes collected by us from our customers. We remit the indirect taxes to Dell and Dell remits the tax payment to the foreign governments on our behalf.
• From time to time, we invoice end users on behalf of Dell for certain services rendered by Dell. Cash related to these services is collected from the end user by us and remitted to Dell.
• From time to time, we also enter into agency arrangements with Dell that enable us to sell our subscriptions and services, leveraging the Dell enterprise relationships and end customer contracts.
Information about our payments for such arrangements during the periods presented consisted of the following (table in millions):
1) Amount includes indirect taxes that were remitted to Dell during the periods presented.
We also purchase Dell products through Dell’s channel partners. Purchases of Dell products through Dell’s channel partners were not significant during the periods presented.

For the Year Ended
January 31, 2020
February 1, 2019
February 2, 2018
Purchases and leases of products and purchases of services(1)
$242
$200
$142
Dell subsidiary support and administrative costs
119
145
212


Question: Analyse this data from a financial earnings document. What was the change in Purchases and leases of products and purchases of services between 2018 and 2019?
Choices:
55
1
58
3
201
Correct choice index: 2
Revenues. Revenues increased by 21% to RMB377.3 billion for the year ended 31 December 2019 on a year-on-year basis. The following table sets forth our revenues by line of business for the years ended 31 December 2019 and 2018:
Revenues from our VAS business increased by 13% year-on-year to RMB200 billion. Online games revenues grew by 10% to RMB114.7 billion. The increase was primarily due to revenue contributions from domestic smart phone games including Honour of Kings and Peacekeeper Elite, as well as increased contributions from our overseas titles such as PUBG Mobile and Supercell titles, partly offset by the revenue decline from PC client games such as DnF. Social networks revenues increased by 17% to RMB85,281 million. The increase mainly reflected revenue growth from digital content services such as live broadcast services and video streaming subscriptions.
Revenues from FinTech and Business Services increased by 39% year-on-year to RMB101.4 billion. The increase was primarily driven by greater revenues from commercial payment due to increased daily active consumers and number of transactions per user. Greater revenues from cloud services also contributed to the annual growth.
Revenues from Online Advertising business increased by 18% year-on-year to RMB68,377 million. Social and others advertising revenues grew by 33% to RMB52,897 million. The increase mainly reflected higher advertising revenues derived from Weixin (primarily Weixin Moments and Mini Programs) as a result of its increased inventories and impressions, as well as contributions from our mobile advertising network due to increased traffic and video inventories. Media advertising revenues decreased by 15% to RMB15,480 million. The decrease was primarily due to lower advertising revenues from our media platforms including Tencent Video and Tencent News resulting from unpredictability in broadcast schedules and the challenging macro-environment, as well as the absence of the FIFA World Cup in year 2019.

Year ended 31 December
2019
2018
% of total
% of total
Amount
revenues
Amount
revenues
(Restated)
(Restated)
(RMB in millions, unless specified)
VAS
199,991
53%
176,646
56%
FinTech and Business Services
101,355
27%
73,138
23%
Online Advertising
68,377
18%
58,079
19%
Others
7,566
2%
4,831
2%
Total revenues
377,289
100%
312,694
100%


Question: Analyse this data from a financial earnings document. What is the year-on-year change in VAS Business revenue?
Choices:
-176646
-23345
23345
163415
233
Correct choice index: 2
Summarized financial information concerning our segments is shown in the tables below (in millions):
(1) Revenues for Corporate and Other represent deferred revenue purchase accounting adjustments recorded in accordance with GAAP.
(2) Operating expenses for Corporate and Other includes equity-based compensation, including certain related payroll taxes, of $51.7 million, $51.4 million and $19.2 million for the years ended December 31, 2019, 2018 and 2017, respectively.
(4) Depreciation and amortization for Corporate and Other primarily represents net incremental depreciation and amortization adjustments associated with the application of purchase accounting recorded in accordance with GAAP.
(5) Transition and integration costs primarily consists of costs associated with executive transition, transition-related costs as we transferred certain corporate functions from FNF and acquisitions.
(6) Receivables from related parties are included in Corporate and Other.

Year ended December 31, 2018
Software Solutions
Data and Analytics
Corporate and Other
Total
Revenues
$962.0
$154.5
$(2.5)
(1)
$1,114.0
Expenses:
Operating expenses
394.8
115.0
115.6
(2)
625.4
Transition and integration costs
—
—
6.6
(5)
6.6
EBITDA
567.2
39.5
(124.7)
482.0
Depreciation and amortization
112.9
14.1
90.0
(4)
217.0
Operating income (loss)
454.3
25.4
(214.7)
265.0
Interest expense, net
(51.7)
Other expense, net
(7.1)
Earnings before income taxes
206.2
Income tax expense
37.7
Net earnings
$168.5
Balance sheet data:
Total assets
$3,227.8
$310.2
$115.4
(6)
$3,653.4
Goodwill
$2,157.6
$172.1
$—
$2,329.7


Question: Analyse this data from a financial earnings document. What was the difference in the EBITDA between Software Solutions and Data and Analytics?
Choices:
-527.7
2118.1
0
527.7
-32.9
Correct choice index: 3