trismik/FinRAG huggingface dataset:
11. Reportable Segments, Geographic Information and Major Customers
Reportable segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or group, in assessing performance and allocating resources. The Company uses an internal management reporting system, which provides important financial data to evaluate performance and allocate the Company’s resources on a regional basis. Net sales for the segments are attributed to the region in which the product is manufactured or the service is performed. The services provided, manufacturing processes used, class of customers serviced and order fulfillment processes used are similar and generally interchangeable across the segments. A segment’s performance is evaluated based upon its operating income (loss). A segment’s operating income (loss) includes its net sales less cost of sales and selling and administrative expenses, but excludes corporate and other expenses. Corporate and other expenses  fiscal 2019 and the $13.5 million one-time employee bonus paid to full-time, non-executive employees during fiscal 2018 due to the Company's ability to access overseas cash as a result of Tax Reform (the "one-time employee bonus"). These costs are not allocated to the segments, as management excludes such costs when assessing the performance of the segments. Inter-segment transactions are generally recorded at amounts that approximate arm’s length transactions. The accounting policies for the segments are the same as for the Company taken as a whole.
The following information is provided in accordance with the required segment disclosures for fiscal 2019, 2018 and 2017. Net sales were based on the Company’s location providing the product or service (in thousands):

2019
2018
2017
Net sales:
United States 
$1,197,665
$1,000,680
$984,773
Malaysia 
1,138,380
1,118,032
940,045
China 
418,825
379,977
339,216
Mexico 
231,643
218,264
181,573
Romania 
195,837
177,111
114,363
United Kingdom 
99,825
91,426
70,163
Germany 
14,271
12,953
8,303
Elimination of inter-country sales 
(132,012)
(124,935)
(110,384)
3,164,434
2,873,508
2,528,052


Question: Analyse this data from a financial earnings document. What was the change in the net sales from the United Kingdom between 2018 and 2019?
Choices:
8399
-8399
-884948
909254
191251
Correct choice index: 0
A.9.1 Results of operations
Statement of Income of Siemens AG in accordance with German Commercial Code (condensed)
Beginning of August 2018, Siemens AG carved out its mobility business to Siemens Mobility GmbH by way of singular succession. The decreases in revenue, cost of sales, gross profit and research and development (R & D) expenses were mainly driven by this carve-out.
On a geographical basis, 75 % of revenue was generated in the Europe, C. I. S., Africa, Middle East region, 18 % in the Asia, Australia region and 7 % in the Americas region. Exports from Germany accounted for 62 % of overall revenue. In fiscal 2019, orders for Siemens AG amounted to € 21.6 billion. Within Siemens AG, the development of revenue depends strongly on the completion of contracts, primarily in connection with large orders.
The R & D intensity (R & D as a percentage of revenue) increased by 0.8 percentage points year-over-year. The research and development activities of Siemens AG are fundamentally the same as for its fields of business activities within the Siemens Group, respectively. On an average basis, we employed 9,000 people in R & D in fiscal 2019.
The decrease in Financial income, net was primarily attributable to lower income from investments, net. The main factor for this decrease was a significant income from the profit transfer agreement with Siemens Beteiligungen Inland GmbH, Germany, in
fiscal 2018.

Fiscal year
(in millions of €)
2019
2018
% Change
Revenue
22,104
28,185
(22) %
Cost of Sales
(15,825)
(21,074)
25 %
Gross profit
6,279
7,111
(12) %
as percentage of revenue
28 %
25 %
Research and development expenses
(2,362)
(2,788)
15 %
Selling and general administrative expenses
(3,979)
(3,767)
(6) %
Other operating income (expenses), net
9,469
1
n / a
Financial income, net thereof Income from investments, net 3,754 (prior year 5,381)
3,188
4,643
(31) %
Income from business activity
12,596
5,199
142 %
Income taxes
(1,377)
(653)
(111) %
Net income
11,219
4,547
147 %
Profit carried forward
170
134
27 %
Allocation to other retained earnings
(6,005)
(1,451)
> (200) %
Unappropriated net income
5,384
3,230
67 %


Question: Analyse this data from a financial earnings document. What is the average revenue for 2019 and 2018?
Choices:
-25144.5
50289
25144.5
11041
-2.4
Correct choice index: 2
2. Net Income (Loss) Per Share
Basic earnings per share, or EPS, is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding for the period, without consideration for common stock equivalents. Diluted EPS is computed by dividing net income by the weighted-average number of common shares outstanding for the period and the weighted-average number of dilutive common stock equivalents outstanding for the period determined using the treasury-stock method.
For purposes of this calculation, common stock options, restricted stock units and restricted stock awards are considered to be common stock equivalents and are only included in the calculation of diluted EPS when their effect is dilutive. In periods in which the Company has a net loss, dilutive common stock equivalents are excluded from the calculation of diluted EPS.
The table below presents the computation of basic and diluted earnings per share:
For the years ended December 31, 2019, 2018 and 2017, the Company incurred net losses and accordingly excluded common stock equivalents for outstanding stockbased awards, which represented all potentially dilutive securities, of 2.5 million, 3.7 million, and 4.5 million, respectively, from the calculation of diluted net loss per share due to their anti-dilutive nature.

Years Ended December 31,
2019
2018
2017
(in thousands, except per share amounts)
Numerator:
Net loss
$(19,898)
$(26,199)
$(9,187)
Denominator:
Weighted average common shares outstanding—basic
71,005
68,490
66,252
Dilutive common stock equivalents
—
—
—
Weighted average common shares outstanding—diluted
71,005
68,490
66,252
Net loss per share:
Basic
$(0.28)
$(0.38)
$(0.14)
Diluted
$(0.28)
$(0.38)
$(0.14)


Question: Analyse this data from a financial earnings document. What is the average Denominator: Weighted average common shares outstanding—basic for the year ended December 31, 2019 to 2018?
Choices:
0
69.7
68490
69747.5
35504.8
Correct choice index: 3
Net Cash Provided By Operating Activities and Free Cash Flow
The following table presents a reconciliation of net cash provided by operating activities to free cash flow (in thousands, except for percentages):
Net cash provided by operating activities for the twelve months ended December 31, 2019 was $115.5 million as compared to $90.3 million during the same period in 2018. The increase was primarily due to improved profitability, improved collections, and other working capital changes in 2019 when compared to the same period in 2018.
Free cash flow for the twelve months ended December 31, 2019 was $72.8 million, resulting in a free cash flow margin of 12.6%, as compared to free cash flow of $49.8 million and a free cash flow margin of 9.3% for the same period in 2018. The increase was primarily due to both improved profitability and collections, and is partially offset by cash paid for interest on our convertible notes of $17.4 million in the twelve months ended December 31, 2019. Refer to the section titled “Liquidity and Capital Resources” for additional information on the convertible notes.

Year Ended December 31,
2019
2018
2017
Reconciliation of free cash flow:
Net cash provided by operating activities
$115,549
$90,253
$67,510
Capital expenditures
(18,034)
(14,895)
(7,100)
Capitalized software costs
(24,668)
(25,515)
(20,571)
Free cash flow
$72,847
$49,843
$39,839
Free cash flow margin
12.6%
9.3%
8.3%


Question: Analyse this data from a financial earnings document. What was the average net cash provided by operating activities from 2017-2019?
Choices:
82672
91104
46097
68601
205802
Correct choice index: 1
Services Business
We offer services to customers and partners to help to maximize the performance of their investments in Oracle applications and infrastructure technologies. Services revenues are generally recognized as the services are performed. The cost of providing our services consists primarily of personnel related expenses, technology infrastructure expenditures, facilities expenses and external contractor expenses.
(1) Excludes stock-based compensation and certain expense allocations. Also excludes amortization of intangible assets and certain other GAAP-based expenses, which were not allocated to our operating segment results for purposes of reporting to and review by our CODMs, as further described under “Presentation of Operating Segments and Other Financial Information” above.
Excluding the effects of currency rate fluctuations, our total services revenues decreased in fiscal 2019 relative to fiscal 2018 primarily due to revenue declines in our education services and, to a lesser extent, our consulting services. During fiscal 2019, constant currency increases in our EMEA-based services revenues were offset by constant currency services revenue decreases in the Americas and the Asia Pacific regions.
In constant currency, total services expenses increased in fiscal 2019 compared to fiscal 2018 primarily due to an increase in employee related expenses and external contractor expenses associated with investments in our consulting services that support our cloud offerings. In constant currency, total margin and total margin as a percentage of total services revenues decreased during fiscal 2019 relative to fiscal 2018 due to decreased revenues and increased expenses for this business.

Percent Change
(Dollars in millions)
2019
Actual
Constant
2018
Services Revenues:
Americas
$1,576
-5%
-3%
$1,654
EMEA
1,021
-2%
2%
1,046
Asia Pacific
643
-7%
-4%
695
Total revenues
3,240
-5%
-2%
3,395
Total Expenses (1)
2,703
-1%
2%
2,729
Total Margin
$537
-19%
-18%
$666
Total Margin %
17%
20%
% Revenues by Geography:
Americas
49%
49%
EMEA
31%
31%
Asia Pacific
20%
20%


Question: Analyse this data from a financial earnings document. What was the difference in percentage revenues by geography in the EMEA relative to the Asia Pacific in 2019?
Choices:
11
-20
51
2
31
Correct choice index: 0
part ii item 5 .
market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .
the company 2019s common stock is listed on the new york stock exchange where it trades under the symbol aa .
the company 2019s quarterly high and low trading stock prices and dividends per common share for 2015 and 2014 are shown below. .

2015
2014
Quarter
High
Low
Dividend
High
Low
Dividend
First
$17.10
$12.65
$0.03
$12.97
$9.82
$0.03
Second
14.29
11.15
0.03
15.18
12.34
0.03
Third
11.23
7.97
0.03
17.36
14.56
0.03
Fourth
11.18
7.81
0.03
17.75
13.71
0.03
Year
17.10
7.81
$0.12
17.75
9.82
$0.12

the number of holders of record of common stock was approximately 10101 as of february 11 , 2016. .

Question: Analyse this data from a financial earnings document. what is the decrease observed in the high trading stock prices in the first and second quarters in 2015?
Choices:
0
-2.81
2.81
-1.95
0.08
Correct choice index: 2
as of february 15 , 2008 , there were 138311810 shares of our common stock outstanding held by approximately 2979 stockholders of record .
dividends and distributions we pay regular quarterly dividends to holders of our common stock .
on february 13 , 2008 , our board of directors declared the first quarterly installment of our 2008 dividend in the amount of $ 0.5125 per share , payable on march 28 , 2008 to stockholders of record on march 6 , 2008 .
we expect to distribute 100% ( 100 % ) or more of our taxable net income to our stockholders for 2008 .
our board of directors normally makes decisions regarding the frequency and amount of our dividends on a quarterly basis .
because the board considers a number of factors when making these decisions , we cannot assure you that we will maintain the policy stated above .
please see 201ccautionary statements 201d and the risk factors included in part i , item 1a of this annual report on form 10-k for a description of other factors that may affect our distribution policy .
our stockholders may reinvest all or a portion of any cash distribution on their shares of our common stock by participating in our distribution reinvestment and stock purchase plan , subject to the terms of the plan .
see 201cnote 16 2014capital stock 201d of the notes to consolidated financial statements included in part ii , item 8 of this annual report on form 10-k .
director and employee stock sales certain of our directors , executive officers and other employees have adopted and may , from time to time in the future , adopt non-discretionary , written trading plans that comply with rule 10b5-1 under the exchange act , or otherwise monetize their equity-based compensation .
stock repurchases the table below summarizes repurchases of our common stock made during the quarter ended december 31 , 2007 : number of shares repurchased ( 1 ) average price per .

Number of Shares Repurchased (1)
Average Price Per Share
October 1 through October 31
—
—
November 1 through November 30
—
—
December 1 through December 31
14,669
$43.89

( 1 ) repurchases represent shares withheld to pay taxes on the vesting of restricted stock granted to employees. .

Question: Analyse this data from a financial earnings document. what was the value of the treasury stock as of december 312007
Choices:
7517.86
877.8
643822.41
643.82
702.24
Correct choice index: 2
the fair value measurements of the borrowings under our credit agreement and receivables facility are classified as level 2 within the fair value hierarchy since they are determined based upon significant inputs observable in the market , including interest rates on recent financing transactions with similar terms and maturities .
we estimated the fair value by calculating the upfront cash payment a market participant would require at december 31 , 2016 to assume these obligations .
the fair value of our notes is classified as level 1 within the fair value hierarchy since it is determined based upon observable market inputs including quoted market prices in an active market .
the fair value of our euro notes is determined based upon observable market inputs including quoted market prices in a market that is not active , and therefore is classified as level 2 within the fair value hierarchy .
note 12 .
commitments and contingencies operating leases we are obligated under noncancelable operating leases for corporate office space , warehouse and distribution facilities , trucks and certain equipment .
the future minimum lease commitments under these leases at december 31 , 2016 are as follows ( in thousands ) : years ending december 31: .

2017
$200,450
2018
168,926
2019
136,462
2020
110,063
2021
82,494
Thereafter
486,199
Future Minimum Lease Payments
$1,184,594

rental expense for operating leases was approximately $ 211.5 million , $ 168.4 million and $ 148.5 million during the years ended december 31 , 2016 , 2015 and 2014 , respectively .
we guarantee the residual values of the majority of our truck and equipment operating leases .
the residual values decline over the lease terms to a defined percentage of original cost .
in the event the lessor does not realize the residual value when a piece of equipment is sold , we would be responsible for a portion of the shortfall .
similarly , if the lessor realizes more than the residual value when a piece of equipment is sold , we would be paid the amount realized over the residual value .
had we terminated all of our operating leases subject to these guarantees at december 31 , 2016 , our portion of the guaranteed residual value would have totaled approximately $ 59.0 million .
we have not recorded a liability for the guaranteed residual value of equipment under operating leases as the recovery on disposition of the equipment under the leases is expected to approximate the guaranteed residual value .
litigation and related contingencies we have certain contingencies resulting from litigation , claims and other commitments and are subject to a variety of environmental and pollution control laws and regulations incident to the ordinary course of business .
we currently expect that the resolution of such contingencies will not materially affect our financial position , results of operations or cash flows. .

Question: Analyse this data from a financial earnings document. in 2016 what was the percent of the total future minimum lease commitments due in 2019
Choices:
0.1152
8.6808
1.6542
0.2807
0.0012
Correct choice index: 0
Key Business Metrics
In addition to the measures presented in our consolidated financial statements, we use the following key metrics to evaluate our business, measure our performance, develop financial forecasts, and make strategic decisions.
Devices Sold
Devices sold represents the number of wearable devices that are sold during a period, net of expected returns. Devices sold does not include sales of accessories. Growth rates between devices sold and revenue are not necessarily correlated because our revenue is affected by other variables, such as the types of products sold during the period, the introduction of new product offerings with differing U.S. manufacturer’s suggested retail prices, or MSRPs, and sales of accessories and premium services.
Active Users
We grow our community of users through device sales and investment in software to drive engagement. We define an active user as a registered Fitbit user who, within the three months prior to the date of measurement, has (a) an active Fitbit Premium or Fitbit Coach subscription, (b) paired a wearable device or Aria scale with his or her Fitbit account, or (c) logged at least 100 steps with a wearable device or a weight measurement using an Aria scale. Active users can be new users who joined the community during the past 90 days, existing users who have remained active, or previously active users who were inactive for 90 days or greater, if they meet the preceding definition of an active user. The active user number excludes users who have downloaded our mobile apps without purchasing any of our wearable devices and users who have downloaded free versions of Fitbit Coach but are not subscribers to its paid premium offerings.

For the Year Ended or As of December 31,
2019
2018
2017
(in thousands)
Devices sold
15,988
13,939
15,343
Active users
29,566
27,627
25,367
Adjusted EBITDA
$(128,333)
$(31,361)
$(52,158)
Free cash flow
$(193,363)
$60,327
$(24,919)


Question: Analyse this data from a financial earnings document. What is the percentage change of devices sold from 2018 to 2019?
Choices:
1035.4
2856101100
14.7
0.1
1470
Correct choice index: 2
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 margin (as percentage of net revenues)?
Choices:
26.1
0
12.6
39.3
0.4
Correct choice index: 3
performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 81805 common stockholders of record as of january 31 , 2016 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2015 .
the graph and table assume that $ 100 was invested on december 31 , 2010 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested .
comparison of five-year cumulative total return for the years ended date citi s&p 500 financials .

DATE
CITI
S&P 500
S&P FINANCIALS
31-Dec-2010
100.00
100.00
100.00
30-Dec-2011
55.67
102.11
82.94
31-Dec-2012
83.81
118.45
106.84
31-Dec-2013
110.49
156.82
144.90
31-Dec-2014
114.83
178.28
166.93
31-Dec-2015
110.14
180.75
164.39

.

Question: Analyse this data from a financial earnings document. what was the overall percentage growth of the cumulative total return for citi from 2010 to 2015
Choices:
10.14
-3.8986
0.1014
100.1014
0.0921
Correct choice index: 2
five-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dow jones , and the s&p 500 .
the graph assumes that the value of the investment in the common stock of union pacific corporation and each index was $ 100 on december 31 , 2002 , and that all dividends were reinvested .
comparison of five-year cumulative return 2002 2003 2004 2005 2006 2007 upc s&p 500 peer group dj trans purchases of equity securities 2013 during 2007 , we repurchased 13266070 shares of our common stock at an average price of $ 115.66 .
during the first nine months of 2007 , we repurchased 10639916 shares of our common stock at an average price per share of $ 112.68 .
the following table presents common stock repurchases during each month for the fourth quarter of 2007 : period number of shares purchased average paid per total number of shares purchased as part of a publicly announced plan or program maximum number of shares that may yet be purchased under the plan or program .

<i>Period</i>
<i>TotalNumber ofSharesPurchased[a]</i>
<i>AveragePricePaid perShare</i>
<i>Total Number of SharesPurchased as Part of aPublicly AnnouncedPlan orProgram</i>
<i>Maximum Number ofShares That May YetBe Purchased Underthe Plan orProgram[b]</i>
Oct. 1 through Oct. 31
99,782
$ 128.78
-
9,774,279
Nov. 1 through Nov. 30
540,294
124.70
528,000
9,246,279
Dec. 1 through Dec. 31
1,986,078
128.53
1,869,800
7,376,479
Total
2,626,154
$ 127.75
2,397,800
N/A

[a] total number of shares purchased during the quarter includes 228354 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares .
[b] on january 30 , 2007 , our board of directors authorized us to repurchase up to 20 million shares of our common stock through december 31 , 2009 .
we may make these repurchases on the open market or through other transactions .
our management has sole discretion with respect to determining the timing and amount of these transactions. .

Question: Analyse this data from a financial earnings document. during the fourth quarter of 2007 what was the percent of the total number of shares purchased in november
Choices:
2626154.20574
4.8606
205735.84032
0.20574
1
Correct choice index: 3