trismik/FinRAG huggingface dataset:
Note 8. Goodwill and Intangible Assets, Net
The following table reflects changes in the net carrying amount of the components of intangible assets (in thousands):

Customer Relationships
Developed Technology
Trade Name
Total
Balance as of January 1, 2018
$88,526
$5,532
$228
$94,286
Amortization
(11,262)
(3,854)
(103)
(15,219)
Balance as of December 31, 2018
77,264
1,678
125
79,067
Intangible assets acquired
19,805
16,583
2,219
38,607
Amortization
(12,673)
(1,441)
(122)
(14,236)
Balance as of December 31, 2019
$84,396
$16,820
$2,222
$103,438


Question: Analyse this data from a financial earnings document. What was the change in the total balance between December 31, 2019 and December 31, 2018?
Choices:
26174
182505
103313
24371
-24371
Correct choice index: 3
COMPENSATION DISCUSSION AND ANALYSIS
IV. Our 2019 Compensation Program and Components of Pay The table below shows (i) the length of the “protected period” afforded to officers following a change of control and (ii) the multiple of salary and bonus payment and years of welfare benefits to which officers will be entitled if change of control benefits become payable under our agreements and related policies:
For more information on change of control arrangements applicable to our executives, including our rationale for
providing these benefits, see “Executive Compensation—Potential Termination Payments—Payments Made
Upon a Change of Control.” For information on change of control severance benefits payable to our junior
officers and managers, see “—Severance Benefits” in the next subsection below.

Protected Period
Multiple of Annual Cash Compensation
Years of Welfare Benefits
CEO
2 years
3 times
3 years
Other Executives
1.5 years
2 times
2 years
Other Officers
1 year
1 time
1 year


Question: Analyse this data from a financial earnings document. What is the average protected period?
Choices:
2.3
4.5
-1.5
1.5
1.7
Correct choice index: 3
Telecommunications Segment
Net revenue: Net revenue from our Telecommunications segment for the year ended December 31, 2019 decreased $97.5 million to $696.1 million from $793.6 million for the year ended December 31, 2018. The decrease can be attributed to changes in our customer mix, fluctuations in wholesale voice termination volumes and market pressures, which resulted in a decline in revenue contribution.
Cost of revenue: Cost of revenue from our Telecommunications segment for the year ended December 31, 2019 decreased $94.2 million to $684.9 million from $779.1 million for the year ended December 31, 2018. The decrease was directly correlated to the fluctuations in wholesale voice termination volumes, in addition to a slight reduction in margin mix attributed to market pressures on call termination rates.
Selling, general and administrative: Selling, general and administrative expenses from our Telecommunications segment for the year ended December 31, 2019 decreased $1.2 million to $8.2 million from $9.4 million for the year ended December 31, 2018. The decrease was primarily due to a decrease in compensation expense due to headcount decreases and reductions in bad debt expense.
Other operating expense: $4.5 million of other operating expense for the year ended December 31, 2019 was driven by impairment of goodwill as a result of declining performance at the segment.

Years Ended December 31,
2019
2018
Increase / (Decrease)
Net revenue
$696.1
$793.6
$(97.5)
Cost of revenue
684.9
779.1
(94.2)
Selling, general and administrative
8.2
9.4
(1.2)
Depreciation and amortization
0.3
0.3
—
Other operating expense
4.5
—
4.5
Income (loss) from operations
(1.8)
$4.8
$(6.6)


Question: Analyse this data from a financial earnings document. What was the average cost of revenue?
Choices:
345
390
-16
738
732
Correct choice index: 4
The following table presents summary results for each of our three businesses for each of fiscal 2019 , 2018 and 2017 :
(1) Cloud and license revenues presented for management reporting included revenues related to cloud and license obligations that would have otherwise been recorded by the acquired businesses as independent entities but were not recognized in our consolidated statements of operations for the periods presented due to business combination accounting requirements. See Note 9 for an explanation of these adjustments and the table below for a reconciliation of our total operating segment revenues to our total consolidated revenues as reported in our consolidated statements of operations
(2) The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of product development, general and administrative and certain other allocable expenses, net. Additionally, the margins reported above do not reflect amortization of intangible assets, acquisition related and other expenses, restructuring expenses, stock-based compensation, interest expense or non-operating income, net. refer to the table below for a reconciliation of our total margin for operating segments to our income before provision for income taxes as reported per our consolidated statements of operations.

Year Ended May 31,
(in millions)
2019
2018
2017
Cloud and license:
revenues (1)
$32,582
$32,041
$30,452
Cloud services and license support expenses
3,597
3,441
2,881
Sales and marketing expenses
7,398
7,213
6,770
Margin (2)
$21,587
$21,387
$20,801
Hardware:
revenues
$3,704
$3,994
$4,152
Hardware products and support expenses
1,327
1,547
1,618
Sales and marketing expenses
520
643
825
Margin (2)
$1,857
$1,804
$1,709
Services:
revenues
$3,240
$3,395
$3,359
Services expenses
2,703
2,729
2,661
Margin (2)
$537
$666
$698
Totals:
revenues (1)
$39,526
$39,430
$37,963
Expenses
15,545
15,573
14,755
Margin (2)
$23,981
$23,857
$23,208


Question: Analyse this data from a financial earnings document. What was the difference in total expenses in 2019 and 2017?
Choices:
30300
790
8188
-7663
229366475
Correct choice index: 1
GreenSky, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (United States Dollars in thousands, except per share data, unless otherwise stated)
Note 6. Property, Equipment and Software
The following table shows depreciation and amortization expense, as well as recorded impairment losses related to abandoned capitalized software projects that are recorded within general and administrative expense in the Consolidated Statements of Operations. We determined that these software projects would not generate future cash flows through use or disposal to a third party and, as such, the fair value as of the respective reporting dates was $0.

Year Ended December 31,
2019
2018
2017
Depreciation expense
$2,540
$2,320
$2,149
Amortization expense
4,764
2,158
1,834
Impairment losses
—
19
78


Question: Analyse this data from a financial earnings document. What was the change in amortization expense between 2017 and 2018?
Choices:
-324
324
2158
706
3992
Correct choice index: 1
Defined Benefit Pension Plans
We recognize the funded status of each defined pension benefit plan as the difference between the fair value of plan assets and the projected benefit obligation of the employee benefit plans in the Consolidated Balance Sheets, with a corresponding adjustment to accumulated other comprehensive loss, net of taxes. Each overfunded plan is recognized as an asset and each underfunded plan is recognized as a liability on our Consolidated Balance Sheets. Subsequent changes in the funded status are reflected on the Consolidated Balance Sheets in unrecognized pension items, a component of AOCL, which are included in total stockholders’ deficit. The amount of unamortized pension items is recorded net of tax.
We have amortized actuarial gains or losses over the average future working lifetime (or remaining lifetime of inactive participants if there are no active participants). We have used the corridor method, where the corridor is the greater of ten percent of the projected benefit obligation or fair value of assets at year end. If actuarial gains or losses do not exceed the corridor, then there is no amortization of gain or loss.
During the year ended December 31, 2017, several of our pension plans transferred in the sale of Diversey. Two international plans were split between Diversey and Sealed Air at the close of the sale. Unless noted, the tables in this disclosure show only activity related to plans retained by Sealed Air.
The following table shows the components of our net periodic benefit cost for the three years ended December 31, for our pension plans charged to operations:
(1) The amount recorded in inventory for the years ended December 31, 2019, 2018 and 2017 was not material.

Year Ended December 31,
(In millions)
2019
2018
2017
Net periodic benefit (income) cost:
U.S. and international net periodic benefit cost included in cost of sales(1)
$ 1.1
$ 0.8
$ 1.4
U.S. and international net periodic benefit cost included in selling, general and administrative expenses
2.8
3.5
5.6
U.S. and international net periodic benefit (income) included in other (income) expense
(4.4)
(8.4)
(6.0)
Total benefit (income) cost
(0.5 )
(4.1 )
$ 1.0


Question: Analyse this data from a financial earnings document. What is the average annual Total benefit (income) cost?
Choices:
-0.7
-0.8
-1.2
-0.6
0.5
Correct choice index: 2
shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the sec , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing .
the following graph shows a five year comparison of cumulative total shareowners 2019 returns for our class b common stock , the standard & poor 2019s 500 index , and the dow jones transportation average .
the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2009 in the standard & poor 2019s 500 index , the dow jones transportation average , and our class b common stock. .

12/31/2009
12/31/2010
12/31/2011
12/31/2012
12/31/2013
12/31/2014
United Parcel Service, Inc.
$100.00
$130.29
$135.35
$140.54
$205.95
$223.79
Standard & Poor’s 500 Index
$100.00
$115.06
$117.48
$136.26
$180.38
$205.05
Dow Jones Transportation Average
$100.00
$126.74
$126.75
$136.24
$192.61
$240.91

.

Question: Analyse this data from a financial earnings document. what was the percentage cumulative total shareowners 2019 returns for united parcel service inc . for the five years ended 12/31/2014?
Choices:
0.8078
0.0055
123.79
23.79
1.2379
Correct choice index: 4
Acquisition Related and Other Expenses: Acquisition related and other expenses consist of personnel related costs and stock-based compensation for transitional and certain other employees, integration related professional services, and certain business combination adjustments including certain adjustments after the measurement period has ended and certain other operating items, net. Stock-based compensation expenses included in acquisition related and other expenses resulted from unvested restricted stock-based awards and stock options assumed from acquisitions whereby vesting was accelerated generally upon termination of the employees pursuant to the original terms of those restricted stock-based awards and stock options.
* Not meaningful
On a constant currency basis, acquisition related and other expenses decreased in fiscal 2019 compared to fiscal 2018 primarily due to certain favorable business combination related adjustments that were recorded in fiscal 201 9 .

Year Ended May 31,
Percent Change
(Dollars in millions)
2019
Actual
Constant
2018
Transitional and other employee related costs
$49
3%
4%
$48
Stock-based compensation
—
-100%
-100%
1
Professional fees and other, net
16
373%
426%
3
Business combination adjustments, net
(21)
*
*
—
Total acquisition related and other expenses
$44
-15%
-13%
$52


Question: Analyse this data from a financial earnings document. How much was the average total acquisition related and other expenses in 2018 and 2019?
Choices:
16
126
50
48
-4
Correct choice index: 3
Results of Operations
The following table sets forth the percentage of revenue for certain items in our statements of operations for the periods indicated:
Impact of inflation and product price changes on our revenue and on income was immaterial in 2019, 2018 and 2017.

Fiscal Years
2019
2018
2017
Statements of Operations:
Revenue
100%
100%
100%
Cost of revenue
43%
50%
55%
Gross profit
57%
50%
45%
Operating expenses:
Research and development
120%
79%
79%
Selling, general and administrative
86%
79%
81%
Loss from operations
(149)%
(108)%
(115)%
Interest expense
(3)%
(1)%
(1)%
Interest income and other expense, net
2%
1%
—%
Loss before income taxes
(150)%
(108)%
(116)%
Provision for income taxes
1%
1%
1%
Net loss
(151)%
(109)%
(117)%


Question: Analyse this data from a financial earnings document. What is the average proportion of cost of revenue as a percentage of the total revenue in 2018 and 2019?
Choices:
-46.5
2325
93
46.5
-29
Correct choice index: 3
table of contents other areas in which we do business .
depending on the scope of such regulation , certain of our facilities and operations , or the operations of our suppliers , may be subject to additional operating and other permit requirements , potentially resulting in increased operating costs .
future regulatory developments future regulatory developments and actions could affect operations and increase operating costs for the airline industry , including our airline subsidiaries .
see part i , item 1a .
risk factors 2013 201cif we are unable to obtain and maintain adequate facilities and infrastructure throughout our system and , at some airports , adequate slots , we may be unable to operate our existing flight schedule and to expand or change our route network in the future , which may have a material adverse impact on our operations , 201d 201cour business is subject to extensive government regulation , which may result in increases in our costs , disruptions to our operations , limits on our operating flexibility , reductions in the demand for air travel , and competitive disadvantages 201d and 201cwe are subject to many forms of environmental regulation and may incur substantial costs as a result 201d for additional information .
employees and labor relations the airline business is labor intensive .
in 2015 , salaries , wages and benefits were our largest expenses and represented approximately 31% ( 31 % ) of our operating expenses .
the table below presents our approximate number of active full-time equivalent employees as of december 31 , 2015 .
mainline operations wholly-owned regional carriers total .

Mainline  Operations
Wholly-owned  Regional Carriers
Total
Pilots and Flight Crew Training Instructors
13,100
3,200
16,300
Flight Attendants
24,100
1,900
26,000
Maintenance personnel
14,400
1,800
16,200
Fleet Service personnel
16,100
3,200
19,300
Passenger Service personnel
16,500
7,100
23,600
Administrative and other
14,700
2,400
17,100
Total
98,900
19,600
118,500

.

Question: Analyse this data from a financial earnings document. what is the percent of the mainline operations full-time equivalent employees to the total number of full-time equivalent employees
Choices:
0.8346
83.4599
6.8681
4945
1
Correct choice index: 0
Non-marketable investments
Non-marketable equity securities are measured at fair value using market data, such as publicly available financing round valuations. Financial information of private companies may not be available and consequently we will estimate the fair value based on the best available information at the measurement date.
The following table presents the reconciliations of Level 3 financial instrument fair values:
There were transfers out from Level 3 due to initial public offerings of the respective investees during fiscal year 2019. There were no transfers between levels during fiscal year 2018.

Capped Call
Embedded exchange feature of Notes
Non-marketable investments
(U.S. $ in thousands)
Balance as of June 30, 2017
$—
$—
$—
Purchases
87,700
(177,907)
—
Gains (losses)
Recognized in other non-operating (expense) income, net
12,232
(24,646)
Balance as of June 30, 2018
99,932
(202,553)
—
Change in unrealized gains (losses) relating to assets and liabilities held as of June 30, 2018
Recognized in other non-operating income (expense), net
12,232
(24,646)
—
Balance as of June 30, 2018
$99,932
$(202,553)
$—
Purchases
—
—
23,000
Transfer out
—
—
(20,942)
Gains (losses)
Recognized in finance income
—
—
270
Recognized in other non-operating (expense) income, net
114,665
(648,573)
—
Recognized in other comprehensive income
—
—
672
Balance as of June 30, 2019
$214,597
$(851,126)
$3,000
Change in unrealized gains (losses) relating to assets and liabilities held as of June 30, 2019
Recognized in other non-operating income (expense), net
114,665
(648,573)
—


Question: Analyse this data from a financial earnings document. What is the difference in balance of capped call and non-marketable investments as of June 30, 2019?
Choices:
-2970
211597
111665
212
1065723
Correct choice index: 1
Return on invested capital
Return on invested capital (ROIC) is a measure of the return generated on capital invested by the Group. The measure provides a guide rail for longterm value creation and encourages compounding reinvestment within the business and discipline around acquisitions with low returns and long payback. ROIC is calculated as underlying operating profit after tax divided by the annual average of: goodwill, intangible assets, property, plant and equipment, net assets held for sale, inventories, trade and other current receivables, and trade payables and other current liabilities.
(a) Restated following adoption of IFRS 16. See note 1 and note 24 for further details.
(b) See reconciliation of operating profit to underlying operating profit on page 30.
(c) Tax on underlying operating profit is calculated as underlying operating profit before tax multiplied by underlying effective tax rate of 25.5% (2018: 25.7%) which is shown on page 30.

€ million 2019
€ million 2018
(Restated)(a)
Underlying operating profit before tax(b)
9,947
9,463
Tax on underlying operating profit(c)
(2,536)
(2,432)
Operating profit after tax
7,411
7,031
Goodwill
18,067
17,341
Intangible assets
12,962
12,152
Property, plant and equipment
12,062
12,088
Net assets held for sale
81
108
Inventories
4,164
4,301
Trade and other current receivables
6,695
6,482
Trade payables and other current liabilities
(14,768)
(14,457)
Period-end invested capital
39,263
38,015
Average invested capital for the period
38,639
38,749
Return on average invested capital
19.2%
18.1%


Question: Analyse this data from a financial earnings document. What is the average Goodwill?
Choices:
15064
17706
9074
17704
1
Correct choice index: 3
(1) Exclude adjustments related to the migration to the new customer management system implemented during the third quarter of fiscal 2018.
During the third quarter of fiscal 2018, the Canadian broadband services segment implemented a new customer management system, replacing 22 legacy systems. While the customer management system was still in the stabilization phase, contact center congestion resulted in lower services activations during most of the fourth quarter of fiscal 2018. Contact center and marketing operations had returned to normal at the end of the first quarter of 2019.
Variations of each services are also explained as follows:
INTERNET Fiscal 2019 fourth-quarter Internet service customers net additions stood at 2,540 compared to net losses of 2,965 for the same period of the prior year mainly due to: • the ongoing interest in high speed offerings; • the sustained interest in bundle offers; and • the increased demand from Internet resellers; partly offset by • competitive offers in the industry.
VIDEO Fiscal 2019 fourth-quarter video service customers net losses stood at 8,164 compared to 15,953 for the same period of the prior year as a result of: • highly competitive offers in the industry; and • a changing video consumption environment; partly offset by • customers' ongoing interest in digital advanced video services; and • customers' interest in video services bundled with fast Internet offerings.
TELEPHONY Fiscal 2019 fourth-quarter telephony service customers net additions amounted to 2,778 compared to net losses 16,900 for the same period of the prior year mainly due to: • more telephony bundles due to additional promotional activity in the second half of fiscal 2019; and • growth in the business sector; partly offset by • increasing wireless penetration in North America and various unlimited offers launched by wireless operators causing some customers to cancel their landline telephony services for wireless telephony services only.

Net additions (losses)
Net additions (losses)
Three months ended August 31,
Three months ended August 31,
August 31, 2019
2019
2018(1)
Primary service units
1,810,366
(2,846)
(35,818)
Internet service customers
788,243
2,540
(2,965)
Video service customers
649,583
(8,164)
(15,953)
Telephony service customers
372,540
2,778
(16,900)


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) Primary service units of Net additions (losses) from 2018 to 2019?
Choices:
-2846
14054
32972
119
33
Correct choice index: 2
Cost of Revenues and Gross Margin
Cost of revenues in 2019 decreased by $4.3 million, or 16%, as compared to 2018. The decrease was primarily driven by a reduction in the number of global services and cloud infrastructure personnel, which led to a decrease of $2.2 million in compensation and benefits expense, including stock-based compensation expense, as compared to 2018. This reduction in headcount also contributed to a decrease in allocated facilities and information technology costs of $0.5 million in 2019. We also experienced a decrease of $0.9 million in hosting costs in 2019, due to a decline in the usage of our hosted platform as compared to 2018. Additionally, depreciation decreased $0.5 million in 2019, due to the nature and timing of capital expenditures and internal projects as compared to 2018.
Our gross margin decreased to 53% during 2019, as compared to 54% during 2018. This was primarily due to our revenues, net declining during the year at a slightly faster rate than the corresponding decrease in costs.

Years Ended December 31,
Change
2019
2018
$
%
(dollars in thousands)
Cost of revenues
$22,843
$27,154
$(4,311)
(16)%
Gross profit
26,193
31,477
(6,284)
(17)
Gross margin
53%
54%


Question: Analyse this data from a financial earnings document. What is the company's average cost of revenues in 2018 and 2019?
Choices:
24998.5
11421.5
49997
27154
24998500
Correct choice index: 0
Stock-Based Compensation
The Company recognizes stock-based compensation expense in the consolidated statements of operations, based on the department to which the related employee reports, as follows: The Company recognizes stock-based compensation expense in the consolidated statements of operations, based on the department to which the related employee reports, as follows:
The total unrecognized compensation cost related to performance-based restricted stock units as of December 31, 2019 was $3.6 million, and the weighted average period over which these equity awards are expected to vest is 1.6 years. The total unrecognized compensation cost related to unvested stock options as of December 31, 2019 was $2.0 million, and the weighted average period over which these equity awards are expected to vest is 2.30 years.

Years Ended December 31,
2019
2018
2017
(in thousands)
Cost of net revenue
$577
$489
$332
Research and development
16,545
17,953
16,190
Selling, general and administrative
14,938
13,279
11,016
Restructuring expense
—
—
5,130
$32,060
$31,721
$32,668


Question: Analyse this data from a financial earnings document. What was the average Research and development between 2017-2019?
Choices:
50688
16896
10793
11610
15053
Correct choice index: 1