trismik/FinRAG huggingface dataset:
Item 6. Selected Financial Data
The selected financial data presented for each of the five years ended December 31, 2019 is derived from our audited consolidated financial statements. The selected financial data presented should be read in conjunction with our consolidated financial statements, the notes to our consolidated financial statements and Item 7 “Management's Discussion and Analysis of Financial Condition and Results of Operations.”
(1) On January 1, 2019, we adopted Accounting Standards Codification (ASC) 842, Leases, using the modified retrospective method at the beginning of the period of adoption, January 1, 2019, through the recognition of a lease obligation and corresponding right of use asset. Results for reporting periods beginning after January 1, 2019 are presented under ASC 842, while prior periods amount were not adjusted and continue to be reported in accordance with ASC 840, Leases.
(2) On January 1, 2018, we adopted ASC 606, Revenue from Contracts with Customers, using the modified retrospective method applied to those contracts that were not substantially complete as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606, while prior period amounts were not adjusted and continue to be reported in accordance with ASC 605, Revenue Recognition.
(3) The Tax Cuts and Jobs Act, enacted on December 22, 2017, reduces the U.S. corporate tax rate from 35% to 21% beginning in 2018. Due to the enactment of the Tax Cuts and Jobs Act, our income tax expense was reduced by $50.6 million for the year ended December 31, 2017 from the re-measurement of our existing deferred tax assets and liabilities.
(4) Over the past five years, we completed 7 acquisitions. In aggregate, these acquisitions have added $343.6 million in goodwill. For additional information on our recent acquisitions, see Note 5 to our consolidated financial statements in Item 8.

Year Ended December 31,
2019 (1)
2018 (2)
2017 (3)
2016
2015
(in thousands, except per share amounts)
Statement of Income Data:
Revenues
$2,222,559
$1,958,557
$1,717,018
$1,601,596
$1,550,117
Operating income
$138,325
$112,742
$98,194
$90,963
$84,886
Net income
$113,890
$82,097
$114,141
$56,391
$51,127
Basic earnings per share (Class A and B)
$2.85
$2.08
$2.94
$1.48
$1.36
Diluted earnings per share (Class A and B)
$2.83
$2.06
$2.91
$1.47
$1.36
Dividend per share
$1.08
$1.00
$0.84
$0.84
$0.84
Balance Sheet Data:
Working capital
$154,753
$196,652
$138,879
$229,659
$189,276
Goodwill (4)
$1,191,259
$1,085,806
$1,084,560
$955,874
$919,591
Total assets
$2,107,914
$1,803,871
$1,744,475
$1,598,464
$1,506,424
Long-term debt
$36,500
$7,500
$31,000
$—
$—


Question: Analyse this data from a financial earnings document. What is the company’s return on assets in 2017?
Choices:
6.54
-6.54
0.19
0.07
0
Correct choice index: 0
The employee pension plan mandated by the Labor Standards Act of the R.O.C. is a defined benefit plan. The pension benefits are disbursed based on the units of service years and average monthly salary prior to retirement according to the Labor Standards Act. Two units per year are awarded for the first 15 years of services while one unit per year is awarded after the completion of the 15th year and the total units will not exceed 45 units.
The Company contributes an amount equivalent to 2% of the employees’ total salaries and wages on a monthly basis to the pension fund deposited with the Bank of Taiwan under the name of a pension fund supervisory committee. The pension fund is managed by the government’s designated authorities and therefore is not included in the Company’s consolidated financial statements. For the years ended December 31, 2017, 2018 and 2019, total pension expenses of NT$80 million, NT$69 million and NT$59 million, respectively, were recognized by the Company.
Movements in present value of defined benefit obligation during the year:

For the years ended December 31,
2018
2019
$NT (In Thousands)
$NT (In Thousands)
Defined benefit obligation at beginning of year
$(5,671,058)
$(5,620,509)
Items recognized as profit or loss:
Service cost
(24,477)
(21,043)
Interest cost
(61,247)
(51,146)
Subtotal
(85,724)
(72,189)
Remeasurements recognized in other comprehensive income (loss):
Arising from changes in financial assumptions
(91,350)
(114,976)
Experience adjustments
(5,907)
180,095
Subtotal
(97,257)
65,119
Benefits paid
233,530
216,510


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Benefits paid from 2018 to 2019?
Choices:
151391
-17020
17020
450040
-247
Correct choice index: 1
Restricted Stock Units
The Company grants restricted stock units, or RSUs, to employees with various vesting terms. RSUs entitle the holder to receive, at no cost, one common share for each restricted stock unit on the vesting date as it vests. The Company withholds shares in settlement of employee tax withholding obligations upon the vesting of restricted stock units. Stock-based compensation related to grants of vested RSUs and PSUs was $3.0 million, $1.6, million and $1.0 million in 2019, 2018 and 2017, respectively.
The following table summarizes RSU’s activity under the 2019 Plan and 2009 Plan, and the related weighted average grant date fair value, for 2019, 2018 and 2017:

RSUs & PRSUs Outstanding
Number of Shares
Weighted Average Grant Date Fair Value
(in thousands)
Nonvested at January 1, 2017
98
$23.52
Granted
132
19.74
Vested
(43)
20.44
Forfeited
(19)
—
Nonvested at January 1, 2018
168
21.56
Granted
110
11.90
Vested
(77)
19.18
Forfeited
(18)
—
Nonvested at December 30, 2018
183
17.22
Granted
353
10.77
Vested
(118)
14.48
Forfeited
(41)
—
Nonvested at December 29, 2019
377
$12.55


Question: Analyse this data from a financial earnings document. What is the average number of nonvested shares forfeited on January 1, 2017 and between December 30, 2018 and December 29, 2019?
Choices:
21
30
24
47
15
Correct choice index: 1
subject to fluctuation and , consequently , the amount realized in the subsequent sale of an investment may differ significantly from its current reported value .
fluctuations in the market price of a security may result from perceived changes in the underlying economic characteristics of the issuer , the relative price of alternative investments and general market conditions .
the table below summarizes equity investments that are subject to equity price fluctuations at december 31 , 2012 .
equity investments are included in other assets in our consolidated balance sheets .
( in millions ) carrying unrealized net of tax .

(in millions)
CostBasis
FairValue
CarryingValue
UnrealizedGain,Net of Tax
BM&FBOVESPA S.A.
$262.9
$690.6
$690.6
$271.4
Bolsa Mexicana de Valores, S.A.B. de C.V.
17.3
29.3
29.3
7.6
IMAREX ASA
—
1.8
1.8
1.1

we do not currently hedge against equity price risk .
equity investments are assessed for other-than- temporary impairment on a quarterly basis. .

Question: Analyse this data from a financial earnings document. what is the unrealized gain pre-tex for bm&fbovespa?
Choices:
953.5
181558.7
419.2
427.7
661.3
Correct choice index: 3
vornado realty trust notes to consolidated financial statements ( continued ) 10 .
redeemable noncontrolling interests - continued redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period .
changes in the value from period to period are charged to 201cadditional capital 201d in our consolidated statements of changes in equity .
below is a table summarizing the activity of redeemable noncontrolling interests .
( amounts in thousands ) .

Balance at December 31, 2008
$1,177,978
Net income
25,120
Distributions
(42,451)
Conversion of Class A units into common shares, at redemption value
(90,955)
Adjustment to carry redeemable Class A units at redemption value
167,049
Other, net
14,887
Balance at December 31, 2009
$1,251,628
Net income
55,228
Distributions
(53,515)
Conversion of Class A units into common shares, at redemption value
(126,764)
Adjustment to carry redeemable Class A units at redemption value
191,826
Redemption of Series D-12 redeemable units
(13,000)
Other, net
22,571
Balance at December 31, 2010
$1,327,974

as of december 31 , 2010 and 2009 , the aggregate redemption value of redeemable class a units was $ 1066974000 and $ 971628000 , respectively .
redeemable noncontrolling interests exclude our series g convertible preferred units and series d-13 cumulative redeemable preferred units , as they are accounted for as liabilities in accordance with asc 480 , distinguishing liabilities and equity , because of their possible settlement by issuing a variable number of vornado common shares .
accordingly the fair value of these units is included as a component of 201cother liabilities 201d on our consolidated balance sheets and aggregated $ 55097000 and $ 60271000 as of december 31 , 2010 and 2009 , respectively. .

Question: Analyse this data from a financial earnings document. what was the percentage change in the redeemable non controlling interests balance at december 31 2009 from 2008
Choices:
0.06252
15.99427
1
0
0.05884
Correct choice index: 0
9. Income Taxes
On December 22, 2017, the Tax Act was enacted into law, which made changes to U.S. tax law, including, but not limited to: (1) reducing the U.S. Federal corporate income tax rate from 35% to 21%; (2) requiring companies to pay a one-time transition tax on certain unrepatriated earnings of foreign subsidiaries; (3) generally eliminating U.S. Federal corporate income taxes on dividends from foreign subsidiaries; (4) capitalizing R&D expenses which are amortized over five to 15 years; and (5) other changes to how foreign and domestic earnings are taxed.
The Tax Act includes a provision to tax global intangible low-taxed income (“GILTI”) of foreign subsidiaries and a base erosion anti-abuse tax (“BEAT”) measure that taxes certain payments between a U.S. corporation and its foreign subsidiaries. These provisions of the Tax Act were effective for the Company beginning August 1, 2018 and had no impact on the tax benefit for the year ended July 31, 2019.
Under U.S. GAAP, the Company can make an accounting policy election to either treat taxes due on the GILTI inclusion as a current period expense or factor such amounts into its measurement of deferred taxes. The Company has elected the current period expense method. The Company has finalized its assessment of the transitional impacts of the Tax Act.
In December 2018, the IRS issued proposed regulations related to the BEAT tax, which the Company is in the process of evaluating. If the proposed BEAT regulations are finalized in their current form, the impact may be material to the tax provision in the quarter of enactment.
The U.S. Treasury Department, the Internal Revenue Service (“IRS”), and other standard-setting bodies will continue to interpret or issue guidance on how provisions of the Tax Act will be applied or otherwise administered. The Company continues to obtain, analyze, and interpret guidance as it is issued and will revise its estimates as additional information becomes available.
Any legislative changes, including any other new or proposed U.S. Department of the Treasury regulations that have yet to be issued, may result in income tax adjustments, which could be material to our provision for income taxes and effective tax rate in the period any such changes are enacted. The Company’s income (loss) before provision for (benefit from) income taxes for the years ended July 31, 2019, 2018 and 2017 is as follows (in thousands):

Fiscal years ended July 31,
2019
2018
2017
Domestic
$(1,778)
$(13,501)
$21,723
International
14,230
5,225
6,803
Income (loss) before provision for (benefit from) income taxes
$12,452
$(8,276)
$28,526


Question: Analyse this data from a financial earnings document. What was the average Domestic income (loss) before provision for (benefit from) income taxes for 2019, 2018 and 2017?
Choices:
2746
-10186
2739
2148
-8592
Correct choice index: 3
tower cash flow , adjusted consolidated cash flow and non-tower cash flow are considered non-gaap financial measures .
we are required to provide these financial metrics by the indentures for our 7.50% ( 7.50 % ) notes and 7.125% ( 7.125 % ) notes , and we have included them below because we consider the indentures for these notes to be material agreements , the covenants related to tower cash flow , adjusted consolidated cash flow and non-tower cash flow to be material terms of the indentures , and information about compliance with such covenants to be material to an investor 2019s understanding of our financial results and the impact of those results on our liquidity .
the following table presents tower cash flow , adjusted consolidated cash flow and non-tower cash flow for the company and its restricted subsidiaries , as defined in the indentures for the applicable notes ( in thousands ) : .

Tower Cash Flow, for the three months ended December 31, 2008
$188,449
Consolidated Cash Flow, for the twelve months ended December 31, 2008
726,954
Less: Tower Cash Flow, for the twelve months ended December 31, 2008
(741,565)
Plus: four times Tower Cash Flow, for the three months ended December 31, 2008
753,798
Adjusted Consolidated Cash Flow, for the twelve months ended December 31, 2008
739,187
Non-Tower Cash Flow, for the twelve months ended December 31, 2008
$(14,611)

.

Question: Analyse this data from a financial earnings document. what portion of the adjusted consolidated cash flow for the twelve months ended december 31 , 2008 is related to non-tower cash flow?
Choices:
-19766.31083
-50.59113
-0.07753
739186.98023
-0.01977
Correct choice index: 4
Item 6. Selected Financial Data
The following table sets forth selected consolidated financial data for each of the fiscal years ended June 30, 2019, 2018, 2017, 2016 and 2015 derived from the Company’s audited financial statements (in thousands, except per share amounts). The consolidated financial data as of and for the years ended June 30, 2015 are derived from the audited financial statements which have not been adjusted for the adoption of Accounting Standards update 2014- 09, Revenue from Contracts with Customers (Topic 606). These tables should be reviewed in conjunction with the Consolidated Financial Statements in Item 8 and related Notes, as well as Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Historical results may not be indicative of future results.
(1) Operating income (loss) include the following operating expenses (in thousands):
(2)  The significant increase in net revenues during the year ended June 30, 2018 was primarily due to the acquisitions of the Campus Fabric and Data Center Businesses.

Year Ended June 30,
2019
2018
2017
2016
2015
Consolidated Statements of Operations Data:                    
Net revenues
$995,789
$983,142 (2)
$607,084
$519,834
$552,940
Operating income (loss) (1)
$(14,726)
$(38,210)
$6,040
$(30,029)
$(62,994)
Net loss
$(25,853)
$(46,792)
$(1,744)
$(36,363)
$(71,643)
Net loss per share – basic
$(0.22)
$(0.41)
$(0.02)
$(0.35)
$(0.72)
Net loss per share – diluted
$(0.22)
$(0.41)
$(0.02)
$(0.35)
$(0.72)
Shares used in per share calculation – basic
117,954
114,221
108,273
103,074
99,000
Shares used in per share calculation – diluted
117,954
114,221
108,273
103,074
99,000


Question: Analyse this data from a financial earnings document. What was the change in the basic shares used in per share calculation between 2017 and 2018?
Choices:
9681
5948
-5948
222494
-108273
Correct choice index: 1
16. Income Taxes
The provisions (benefits) for income taxes differed from the amount computed by applying the federal statutory income tax rate to income (loss) before income taxes due to the following items for the years ended December 31, 2019 and 2018 (in millions):
The income tax benefit as of December 31, 2019 is $20.6 million. The benefit was primarily driven by a net valuation allowance release of $37.4 million related to the Insurance segment partially offset by an impairment of goodwill which is not deductible for tax purposes. The Insurance segment is profitable in 2019 and in a three-year overall cumulative income position as of December 31, 2019.
The profitability is driven by current year income associated with favorable claims and reserve development relative to expected. Further, unrealized gains from the investment portfolio continued to grow in 2019.
The amount recorded as of December 31, 2018 primarily relates to separate state filings that do not have net operating losses available to offset income. In the third quarter of 2018, the Insurance segment acquired Humana’s long-term care business, Kanawha Insurance Company. The combined insurance entity generated a net operating loss for the year due to additional tax deductions related to increases in policy holder reserves. In addition, the bargain purchase gain is not taxable. This net operating loss was carried forward but had a valuation allowance. Additionally, the income tax expense generated from the sale of BeneVir in the second quarter of 2018 is offset by tax attributes for which a valuation allowance had been recorded. Therefore, there is no net income tax expense recorded in the income statement for the sale.

Years Ended December 31,
2019
2018
Tax provision (benefit) at federal statutory rate
$ (11.9)
$ 38.3
Permanent differences
0.3
1.5
State tax, net of federal benefit
(7.3)
6.2
Foreign rate differential
1.4
(0.9)
Minority interest
0.2
(4.6)
Executive and stock compensation
2.5
3.5
Increase (decrease) in valuation allowance
(7.6)
(43.8)
Transaction costs
0.1
1.5
Tax credits generated/utilized
(2.2)
—
Return to provision
(6.0)
15.6
ASU 2017-11 adoption
(1.3)
—
Goodwill impairment
10.9
—
Gain/loss on sale or deconsolidation of a subsidiary
—
5.7
Bargain purchase gain
—
(24.2)
Other
(1.8)
3.6
Warrant liability
2.1
—
Income tax (benefit) expense
$ (20.6)
$ 2.4


Question: Analyse this data from a financial earnings document. What was the change in the Tax provision (benefit) at federal statutory rate from 2018 to 2019?
Choices:
-50.2
-38.3
-49.3
-22.7
50.2
Correct choice index: 0
Note 4 – Fair Value Measurements
Assets and Liabilities Measured at Fair Value
The Company’s contingent earn-out liabilities are measured at fair value. These liabilities were estimated using Level 3 inputs. The fair value of contingent consideration was determined based on a probability-based approach which includes projected results, percentage probability of occurrence and the application of a discount rate to present value the payments. A significant change in projected results, discount rate, or probabilities of occurrence could result in a significantly higher or lower fair value measurement. Changes in the fair value of contingent earn-out liabilities are reflected in operating expenses on the Company’s consolidated statements of operations.
The following table presents the changes in Level 3 contingent earn-out liabilities:
In May 2019, the Company fully settled its Del Monte earn-out liability for $200. The long-term portion of contingent earn-out liabilities was $7,957 and $2,792 as of December 27, 2019 and December 28, 2018, respectively, and are reflected as other liabilities and deferred credits on the Company’s consolidated balance sheets. The remaining short-term portion of earn-out liabilities are reflected as accrued liabilities on the Company’s consolidated balance sheets. Contingent earn-out liability payments in excess of the acquisition date fair value of the underlying contingent earn-out liability are classified as operating activities on the Company’s consolidated statements of cash flows and all other such payments are classified as financing activities.

Del Monte 
Fells Point 
Bassian 
Other Acquisitions
Total
Balance December 29, 2017
$649
$4,579
$—
$—
$5,228
Acquisition value
—
—
—
1,414
1,414
Cash payments
—
(3,000)
—
—
(3,000)
Changes in fair value
(649)
2,070
—
27
1,448
Balance December 28, 2018
—
3,649
—
1,441
5,090
Acquisition value
—
—
7,450
479
7,929
Cash payments
(200)
(3,000)
—
(1,000)
(4,200)
Changes in fair value
200
3,895
507
1,277
5,879
Balance December 27, 2019
$—
$4,544
$7,957
$2,197
$14,698


Question: Analyse this data from a financial earnings document. What is the change in total balance between fiscal years 2017 and 2018?
Choices:
3787
0
138
26610520
2867
Correct choice index: 2
DEPRECIATION AND AMORTIZATION
1 See “Accounting Policies” for more information.
1 See “Accounting Policies” for more information. Total depreciation and amortization increased this year primarily as a result of depreciation of right-of-use assets due to our adoption of IFRS 16 on January 1, 2019 and higher capital expenditures over the past several years. See “Capital Expenditures” for more information.

(In millions of dollars)
Years ended December 31
2019
2018
%Chg
Depreciation
2,297
2,174
6
Amortization
16
37
(57)
Depreciation and amortization before depreciation of right-of-use assets
2,313
2,211
5
Depreciation of right-of-use assets 1
175
-
n/m
Total depreciation and amortization
2,488
2,211
13


Question: Analyse this data from a financial earnings document. What was the increase / (decrease) in the Depreciation from 2018 to 2019?
Choices:
123
0
4471
139
-123
Correct choice index: 0
the graph below shows a five-year comparison of the cumulative shareholder return on the company's common stock with the cumulative total return of the s&p small cap 600 index and the russell 1000 index , both of which are published indices .
comparison of five-year cumulative total return from december 31 , 2005 to december 31 , 2010 assumes $ 100 invested with reinvestment of dividends period indexed returns .

BasePeriod
INDEXED RETURNS
Company/Index
12/31/05
12/31/06
12/31/07
12/31/08
12/31/09
12/31/10
A O SMITH CORP
100.0
108.7
103.3
88.8
133.6
178.8
S&P SMALL CAP 600 INDEX
100.0
115.1
114.8
78.1
98.0
123.8
RUSSELL 1000 INDEX
100.0
115.5
122.1
76.2
97.9
113.6

2005 2006 2007 2008 2009 2010 smith ( a o ) corp s&p smallcap 600 index russell 1000 index .

Question: Analyse this data from a financial earnings document. what was the difference in the cumulative total return for a o smith corp and the s&p small cap 600 index for the five year period ended 12/31/10?
Choices:
0.79
0.55
100.55
0.2
1.03
Correct choice index: 1
Market Information. Our common stock is traded on the NASDAQ Global Select Market under the symbol “JACK.” The following table sets forth the high and low sales prices for our common stock during the fiscal quarters indicated, as reported on the NASDAQ Composite:
Dividends. In fiscal 2019 and 2018, the Board of Directors declared four cash dividends of$0.40 per share each. Our dividend is subject to the discretion and approval of our Board of Directors and our compliance with applicable law, and depends upon, among other things, our results of operations, financial condition, level of indebtedness, capital requirements, contractual restrictions, and other factors that our Board of Directors may deem relevant.

16 Weeks
12 Weeks Ended
Ended
September 29,
July 7,
April 14,
January 20,
2019
2019
2019
2019
High
$91.30
$87.84
$85.32
$90.49
Low
$70.77
$75.80
$75.80
$74.19
16 Weeks
12 Weeks Ended
Ended
September 30,
July 8,
April 15,
January 21,
2018
2018
2018
2018
High
$93.98
$92.46
$95.99
$108.55
Low
$81.87
$79.23
$79.30
$90.59


Question: Analyse this data from a financial earnings document. What is the difference between the high and low price in September 29, 2019?
Choices:
-56.77
-20.53
0.23
-41.77
20.53
Correct choice index: 4