trismik/FinRAG huggingface dataset:
3. EARNINGS PER SHARE
Basic and diluted earnings (loss) per common share (“EPS”) are computed using the two-class method, which is an earnings allocation method that determines EPS for each class of common stock and participating securities considering dividends declared and participation rights in undistributed earnings. Certain of the Company’s restricted stock awards are considered participating securities because holders are entitled to receive non-forfeitable dividends, if declared, during the vesting term.
The potentially dilutive impact of the Company’s restricted stock awards is determined using the treasury stock method. Under the treasury stock method, if the average market price during the period exceeds the exercise price, these instruments are treated as if they had been exercised with the proceeds of exercise used to repurchase common stock at the average market price during the period. Any incremental difference between the assumed number of shares issued and repurchased is included in the diluted share computation.
Diluted EPS includes securities that could potentially dilute basic EPS during a reporting period. Dilutive securities are not included in the computation of loss per share when a company reports a net loss from continuing operations as the impact would be anti-dilutive.
The computation of basic and diluted EPS attributable to common shareholders computed using the two-class method is as follows:
Diluted EPS attributable to common shareholders for the years ended December 31, 2019, 2018 and 2017 excludes 1.1 million, 0.5 million and 0.3 million potential common shares, respectively, that could be issued under our share-based compensation plan, because the inclusion of the potential common shares would have an antidilutive effect.

(In thousands, except per share amounts)
2019
2018
2017
Net income (loss)
$(19,931)
$(50,571)
$65,299
Less: net income attributable to noncontrolling interest
452
263
354
Income (loss) attributable to common shareholders before allocation of earnings to participating securities
(20,383)
(50,834)
64,945
Less: earnings allocated to participating securities
462
810
362
Net income (loss) attributable to common shareholders, after earnings allocated to participating securities
$(20,845)
$(51,644)
$64,583
Weighted-average number of common shares outstanding
70,837
70,613
60,373
Net income (loss) per common share attributable to common shareholders - basic and diluted
$ (0.29)
$ (0.73)
$ 1.07


Question: Analyse this data from a financial earnings document. What is the percentage increase / (decrease) in the earnings allocated to participating securities from 2018 to 2019?
Choices:
-42.96
86.04
-1.29
75.32
-6375.8
Correct choice index: 0
Original Equipment Manufacturers (“OEM”) are the end-customers to which we provide direct marketing application engineering support, while Distribution customers refers to the distributors and representatives that we engage to distribute our products around the world.
By market channel, our fourth quarter revenues in Distribution amounted to 28% of our total revenues, flat compared to the previous quarter and decreasing on a year-over-year basis.

Three Months Ended
December 31, 2019
September 29, 2019
December 31, 2018
(Unaudited, in %)
OEM
72%
72%
69%
Distribution
28
28
31
Total
100%
100%
100%


Question: Analyse this data from a financial earnings document. What is the average net revenues from OEM for the period December 31, 2019 and 2018?
Choices:
143
0.1
70.5
0
4.9
Correct choice index: 2
Proofpoint, Inc. Notes to Consolidated Financial Statements (Continued) (dollars and share amounts in thousands, except per share amounts)
Per the terms of the share purchase agreement, unvested stock options and unvested restricted stock units held by Meta Networks employees were canceled and exchanged for the Company’s unvested stock options and unvested restricted stock units, respectively. The fair value of $184 of these unvested awards was attributed to pre-combination services and was included in consideration transferred. The fair value of $12,918 was allocated to post-combination services. The unvested awards are subject to the recipient’s continued service with the Company, and $12,918 will be recognized ratably as stock-based compensation expense over the required remaining service period.
Also, as part of the share purchase agreement, the unvested restricted shares of certain employees of Meta Networks were exchanged into the right to receive $7,827 of deferred cash consideration and 72 shares of the Company’s common stock that were deferred with the fair value of $8,599. The deferred cash consideration was presented as restricted cash on the Company’s consolidated balance sheet as of December 31, 2019. The deferred cash consideration of $7,596 and the deferred stock $8,338 (see Note 11 “Equity Award Plans”) were allocated to post-combination expense and were not included in the purchase price. The deferred cash consideration and deferred shares are subject to forfeiture if employment terminates prior to the lapse of the restrictions, and their fair value is expensed as compensation and stock-based compensation expense over the three-year vesting period.
The Cost to Recreate Method was used to value the acquired developed technology asset. Management applied judgment in estimating the fair value of this intangible asset, which involved the use of significant assumptions such as the cost and time to build the acquired technology, developer’s profit and rate of return.
The following table summarizes the fair values of tangible assets acquired, liabilities assumed, intangible assets and goodwill:

Fair value
Estimated Useful Life
(in years)
Current assets
$356
N/A
Fixed assets
68
N/A
Core/developed technology
21,000
3
Deferred tax liability, net
(1,854)
N/A
Other liabilities
(671)
N/A
Goodwill
85,869
Indefinite
$104,768


Question: Analyse this data from a financial earnings document. What is the average estimated fair value of Core/developed technology?
Choices:
476000
21003
1
7000
28623
Correct choice index: 3
During 2019, 2018 and 2017, no income tax benefit or expense was recorded for stock options exercised as an adjustment to equity.
The change in the unrecognized income tax benefits for the years ended December 31, 2019, 2018 and 2017 is reconciled below:
As of December 31, 2019, 2018 and 2017, our total liability for unrecognized tax benefits was $1.5 million, $1.9 million and $2.4 million, respectively, of which $1.4 million, $1.7 million and $2.2 million, respectively, would reduce our effective tax rate if we were successful in upholding all of the uncertain positions and recognized the amounts recorded. We classify interest and penalties recognized on the liability for unrecognized tax benefits as income tax expense. As of December 31, 2019, 2018 and 2017, the balances of accrued interest and penalties were $0.5 million, $0.7 million and $0.8 million, respectively.
We do not anticipate a single tax position generating a significant increase or decrease in our liability for unrecognized tax benefits within 12 months of this reporting date. We file income tax returns in the U.S. for federal and various state jurisdictions and several foreign jurisdictions. We are not currently under audit by the Internal Revenue Service. Generally, we are not subject to changes in income taxes by any taxing jurisdiction for the years prior to 2016.

(In thousands)
2019
2018
2017
Balance at beginning of period
$1,868
$2,366
$2,226
Increases for tax position related to:
Prior years
—
3
465
Current year
161
254
285
Decreases for tax positions related to:
Prior years
(71)
—
(14)
Expiration of applicable statute of limitations
(471)
(755)
(596)
Balance at end of period
$1,487
$1,868
$2,366


Question: Analyse this data from a financial earnings document. What was the change in the balance at the beginning of period between 2018 and 2019?
Choices:
1
-49800
-498
-879
498
Correct choice index: 2
RESTRICTED STOCK UNITS
The following is a summary of RSUs award activity for the years ended December 31, 2019 and 2018:
The Company estimates the fair value of the granted shares using the market price of the Company’s stock price at the grant date. For the years ended December 31, 2019, 2018 and 2017, the Company recognized $0.3 million, $0.9 million and $0.6 million, respectively of stock-based compensation expense related to the RSUs.
As of December 31, 2019, total compensation cost not yet recognized related to unvested RSUs was approximately $0.8 million, which is expected to be recognized over a weighted-average period of 2.3 years.

2019
2018
Number of Shares
Weighted Average Grant Date Fair Value
Number of Shares
Weighted Average Grant Date Fair Value
Non-vested at beginning of year
315,292
$2.26
438,712
$2.28
Shares granted
253,113
2.17
200,000
3.16
Shares vested
82,270
2.28
323,420
2.84
Non-vested at end of year
486,135
$2.53
315,292
$2.26


Question: Analyse this data from a financial earnings document. What is the average shares vested between 2018 and 2019?
Choices:
288266
202845
-202845
65604129900
203
Correct choice index: 1
NOTE 19—SEGMENT INFORMATION
ASC Topic 280, “Segment Reporting” (Topic 280), establishes standards for reporting, by public business enterprises, information about operating segments, products and services, geographic areas, and major customers. The method of determining what information, under Topic 280, to report is based on the way that an entity organizes operating segments for making operational decisions and how the entity’s management and chief operating decision maker (CODM) assess an entity’s financial performance. Our operations are analyzed by management and our CODM as being part of a single industry segment: the design, development, marketing and sales of Enterprise Information Management software and solutions.
The following table sets forth the distribution of revenues, by significant geographic area, for the periods indicated:

Year Ended June 30,
2019
2018
2017
Revenues:
Canada
$153,890
$149,812
$227,115
United States
1,490,863
1,425,244
1,090,049
United Kingdom
182,815
201,821
159,817
Germany
203,403
198,253
166,611
Rest of Europe
534,204
517,693
394,132
All other countries
303,580
322,418
253,333
Total revenues
$2,868,755
$2,815,241
$2,291,057


Question: Analyse this data from a financial earnings document. What is the difference between total revenue for fiscal year 2019 and 2018?
Choices:
5683996
2868736
0
53514
1443511
Correct choice index: 3
Base Salary
Base salary for our named executive officers is the fixed component of our executive compensation program. We use base salary to compensate our named executive officers for services rendered during the year and to recognize the experience, skills, knowledge and responsibilities required of each named executive officer. We apply no specific formula to determine adjustments to base salary. Adjustments to base salary have been made to reflect our economic condition and future expected performance. We continue to provide base salaries that are conservative relative to competitive market pay levels.
In April 2018, our compensation committee reviewed the base salaries of Mses. Friar, Henry, Reses and Whiteley, taking into consideration a competitive market analysis performed by Compensia, the recommendations of our CEO and our then-current People Lead, the desire to retain our highly qualified executive team and the other factors described above. Following this review, our compensation committee approved an increase in the annual base salary levels for Mses. Friar, Henry, Reses and Whiteley to $400,000, in each case effective as of April 1, 2018, in order to improve competitive alignment with our peers. In addition, our compensation committee determined that it was appropriate to leave our CEO’s 2018 base salary level at $2.75 per year, at the request of our CEO and with compensation committee approval.
The annualized base salaries of our named executive officers as of December 31, 2018 compared to December 31, 2017 were:
(1) Ms. Friar resigned from her position as Chief Financial Officer, effective as of November 16, 2018, at which time her annual base salary was $400,000.
(2) Ms. Whiteley was appointed to General Counsel and Corporate Secretary effective March 18, 2018, and her salary was adjusted to reflect her promotion to this role.
(3) The base salaries of Messrs. Daswani and Murphy were not adjusted in conjunction with their service as interim co-CFOs. Salary adjustments for Messrs. Daswani and Murphy made in April 2018, prior to their becoming named executive officers, were made as part of the company-wide compensation review program. Their salary adjustments were recommended by their direct manager and approved by the then-current People Lead. Messrs. Daswani and Murphy’s annualized base salaries at the time of their appointment as interim co-CFOs were $300,000 and $295,000, respectively.

Named Executive Officer
Annual Base Salary as of December 31, 2017
Annual Base Salary as of December 31, 2018
Percentage Increase
Mr. Dorsey
$2.75
$2.75
0%
Ms. Friar (1)
$350,000
$N/A
N/A
Ms. Henry
$350,000
$400,000
14%
Ms. Reses
$350,000
$400,000
14%
Ms. Whiteley (2)
$325,000
$400,000
23%
Mr. Daswani (3)
$280,000
$300,000
7%
Mr. Murphy (3)
$270,000
$295,000
9%


Question: Analyse this data from a financial earnings document. What is the difference in annual base salary in 2017 between Mr. Daswani and Mr. Murphy?
Choices:
10000
-270002
-70000
0
75600000000
Correct choice index: 0
Fees Paid to the Independent Registered Public Accounting Firm
The following table presents fees for professional audit services and other services rendered to our company by KPMG for our fiscal years ended December 31, 2017 and 2018.
(1) Audit Fees consist of professional services rendered in connection with the audit of our annual consolidated financial statements, including audited financial statements presented in our Annual Report on Form 10-K for the fiscal years ended December 31, 2017 and 2018 and services that are normally provided by the independent registered public accountants in connection with statutory and regulatory filings or engagements for those fiscal years.
(2) Audit-Related Fees consist of fees for professional services for assurance and related
services that are reasonably related to the performance of the audit or review of our consolidated financial statements and are not reported under “Audit Fees.” These services could include accounting consultations concerning financial accounting and reporting standards, due diligence procedures in connection with acquisition and procedures related to other attestation services.
(3) Tax Fees consist of fees for professional services for tax compliance, tax advice and tax planning. These services include consultation on tax matters and assistance regarding federal, state and international tax compliance.
(4) All Other Fees consist of license fees for the use of accounting research software.

2017
2018
(In Thousands)
(In Thousands)
Audit Fees (1)
$3,747
$4,476
Audit-Related Fees (2)
—
—
Tax Fees (3)
—
—
All Other Fees (4)
$3
$3
Total Fees
$3,750
$4,479


Question: Analyse this data from a financial earnings document. What is the change of “All Other Fees” from 2017 to 2018?
Choices:
6
-7
4
-4
0
Correct choice index: 4
Note 7 – Equipment, Leasehold Improvements and Software
Equipment, leasehold improvements and software as of December 27, 2019 and December 28, 2018 consisted of the following:
Construction-in-process at December 27, 2019 related primarily to the implementation of the Company’s Enterprise Resource Planning (“ERP”) system and at December 28, 2018 related primarily to the implementation of the Company’s ERP system and the buildout of the Company’s headquarters in Ridgefield, CT. The buildout of the Company’s headquarters was completed during fiscal 2019. The rollout of its ERP system will continue through fiscal 2020. The net book value of equipment financed under finance leases at December 27, 2019 and December 28, 2018 was $3,905 and $388, respectively. No interest expense was capitalized during the fiscal years ended December 27, 2019, December 28, 2018 and December 29, 2017.

Useful Lives
December 27, 2019 
December 28, 2018
Land
Indefinite
$1,170
$1,170
Buildings
20 years
1,360
1,292
Machinery and equipment
5-10 years
21,718
17,837
Computers, data processing and other equipment
3-7 years
12,686
11,244
Software
3-7 years
29,305
22,779
Leasehold improvements
1-40 years
70,903
60,565
Furniture and fixtures
7 years
3,309
3,268
Vehicles
5-7 years
6,410
2,769
Other
7 years
95
95
Construction-in-process   
9,200
15,757
156,156
136,776
Less: accumulated depreciation and amortization   
(63,310)
(51,500)
Equipment, leasehold improvements and software, net
$92,846
$85,276


Question: Analyse this data from a financial earnings document. What is the average value of buildings for 2018 and 2019?
Choices:
2652
1326
34
660
1360
Correct choice index: 1
Restricted Stock Units (RSUs): RSUs represent the right to receive one share of NortonLifeLock common stock for each vested RSU upon the settlement date, subject to continued employment through each vesting date.
(1) Mr. Clark did not receive an RSU award for FY19.
(2) In FY19, Messrs. Taylor and Noviello, as FY18 NEOs, were granted a mix of PRUs and RSUs at 70% and 30%, respectively. All other executives, other than Mr. Clark, received a mix of PRUs and RSUs at 50% and 50%, respectively.

NEO
FY19 RSU Award Amount (#)(2)
Grant Date Value ($)
Gregory S. Clark(1)
0
0
Nicholas R. Noviello
95,416
2,106,785
Amy L. Cappellanti-Wolf
78,620
1,683,254
Samir Kapuria
238,243
5,100,783
Scott C. Taylor
61,339
1,354,365


Question: Analyse this data from a financial earnings document. How much more in grant date value does Nicholas R. Noviello have compared to Amy L. Cappellanti-Wolf?
Choices:
1
423530
2106784
423531
-1621915
Correct choice index: 3
part ii item 5 .
market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .
price range our common stock trades on the nasdaq global select market under the symbol 201cmktx 201d .
the range of closing price information for our common stock , as reported by nasdaq , was as follows : on february 20 , 2015 , the last reported closing price of our common stock on the nasdaq global select market was $ 78.97 .
holders there were 28 holders of record of our common stock as of february 20 , 2015 .
dividend policy during 2014 , 2013 and 2012 , we paid quarterly cash dividends of $ 0.16 per share , $ 0.13 per share and $ 0.11 per share , respectively .
on december 27 , 2012 , we paid a special cash dividend of $ 1.30 per share .
in january 2015 , our board of directors approved a quarterly cash dividend of $ 0.20 per share payable on february 26 , 2015 to stockholders of record as of the close of business on february 12 , 2015 .
any future declaration and payment of dividends will be at the sole discretion of our board of directors .
the board of directors may take into account such matters as general business conditions , our financial results , capital requirements , contractual obligations , legal and regulatory restrictions on the payment of dividends to our stockholders or by our subsidiaries to their respective parent entities , and such other factors as the board of directors may deem relevant .
recent sales of unregistered securities securities authorized for issuance under equity compensation plans please see the section entitled 201cequity compensation plan information 201d in item 12. .

2014:
High
Low
January 1, 2014 to March 31, 2014
$67.16
$57.99
April 1, 2014 to June 30, 2014
$59.65
$50.30
July 1, 2014 to September 30, 2014
$62.05
$47.50
October 1, 2014 to December 31, 2014
$73.25
$61.15
2013:
High
Low
January 1, 2013 to March 31, 2013
$41.85
$34.79
April 1, 2013 to June 30, 2013
$47.80
$37.09
July 1, 2013 to September 30, 2013
$61.47
$47.59
October 1, 2013 to December 31, 2013
$70.60
$61.34

.

Question: Analyse this data from a financial earnings document. based on the above listed holders of common stock , what was the market value of mktx common stock on february 20 , 2015?
Choices:
2211.16
174615.31
28
2051
6236.26
Correct choice index: 0
edwards lifesciences corporation notes to consolidated financial statements ( continued ) 2 .
summary of significant accounting policies ( continued ) interim periods therein .
the new guidance can be applied retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of the change recognized at the date of the initial application .
the company is currently assessing the impact this guidance will have on its consolidated financial statements , and has not yet selected a transition method .
3 .
change in accounting principle effective january 1 , 2014 , the company changed its method of accounting for certain intellectual property litigation expenses related to the defense and enforcement of its issued patents .
previously , the company capitalized these legal costs if a favorable outcome in the patent defense was determined to be probable , and amortized the capitalized legal costs over the life of the related patent .
as of december 31 , 2013 , the company had remaining unamortized capitalized legal costs of $ 23.7 million , which , under the previous accounting method , would have been amortized through 2021 .
under the new method of accounting , these legal costs are expensed in the period they are incurred .
the company has retrospectively adjusted the comparative financial statements of prior periods to apply this new method of accounting .
the company believes this change in accounting principle is preferable because ( 1 ) as more competitors enter the company 2019s key product markets and the threat of complex intellectual property litigation across multiple jurisdictions increases , it will become more difficult for the company to accurately assess the probability of a favorable outcome in such litigation , and ( 2 ) it will enhance the comparability of the company 2019s financial results with those of its peer group because it is the predominant accounting practice in the company 2019s industry .
the accompanying consolidated financial statements and related notes have been adjusted to reflect the impact of this change retrospectively to all prior periods presented .
the cumulative effect of the change in accounting principle was a decrease in retained earnings of $ 10.5 million as of january 1 , 2012 .
the following tables present the effects of the retrospective application of the change in accounting principle ( in millions ) : .

As of December 31, 2013
Consolidated Balance Sheet
As Reported
As Adjusted
Other intangible assets, net
$57.2
$33.5
Deferred income taxes
70.1
79.0
Total assets
2,724.7
2,709.9
Retained earnings
2,045.6
2,030.8
Total stockholders' equity
1,559.2
1,544.4
Total liabilities and stockholders' equity
2,724.7
2,709.9

.

Question: Analyse this data from a financial earnings document. what was the affect of the change in accounting principles on other intangible assets net in millions?
Choices:
-23.7
2652.7
23.7
-46.7
-55.2
Correct choice index: 0