trismik/FinRAG huggingface dataset:
10-k altria ar release tuesday , february 27 , 2018 10:00pm andra design llc performance stock units : in january 2017 , altria group , inc .
granted an aggregate of 187886 performance stock units to eligible employees .
the payout of the performance stock units requires the achievement of certain performance measures , which were predetermined at the time of grant , over a three-year performance cycle .
these performance measures consist of altria group , inc . 2019s adjusted diluted earnings per share ( 201ceps 201d ) compounded annual growth rate and altria group , inc . 2019s total shareholder return relative to a predetermined peer group .
the performance stock units are also subject to forfeiture if certain employment conditions are not met .
at december 31 , 2017 , altria group , inc .
had 170755 performance stock units remaining , with a weighted-average grant date fair value of $ 70.39 per performance stock unit .
the fair value of the performance stock units at the date of grant , net of estimated forfeitures , is amortized to expense over the performance period .
altria group , inc .
recorded pre-tax compensation expense related to performance stock units for the year ended december 31 , 2017 of $ 6 million .
the unamortized compensation expense related to altria group , inc . 2019s performance stock units was $ 7 million at december 31 , 2017 .
altria group , inc .
did not grant any performance stock units during 2016 and 2015 .
note 12 .
earnings per share basic and diluted eps were calculated using the following: .

For the Years Ended December 31,
(in millions)
2017
2016
2015
Net earnings attributable to Altria Group, Inc.
$10,222
$14,239
$5,241
Less: Distributed and undistributed earnings attributable to share-based awards
(14)
(24)
(10)
Earnings for basic and diluted EPS
$10,208
$14,215
$5,231
Weighted-average shares for basic and diluted EPS
1,921
1,952
1,961

net earnings attributable to altria group , inc .
$ 10222 $ 14239 $ 5241 less : distributed and undistributed earnings attributable to share-based awards ( 14 ) ( 24 ) ( 10 ) earnings for basic and diluted eps $ 10208 $ 14215 $ 5231 weighted-average shares for basic and diluted eps 1921 1952 1961 .

Question: Analyse this data from a financial earnings document. what is the growth rate in net earnings attributable to altria group inc . in 2017?
Choices:
-167.375
-0.28043
-0.28211
-3.54469
1.71789
Correct choice index: 2
The tax holidays represent a tax exemption period aimed to attract foreign technological investment in certain tax jurisdictions. The effect of the tax benefits, from tax holidays for countries which are profitable, on basic earnings per share was $0.14, $0.15 and $0.13 for the years ended December 31, 2019, 2018, and 2017, respectively. These agreements are present in various countries and include programs that reduce up to and including 100% of taxes in years affected by the agreements.
The Company’s tax holidays expire at various dates through the year ending December 31, 2028. In certain countries, tax holidays can be renewed depending on the Company still meeting certain conditions at the date of expiration of the current tax holidays.
In May 2019, Switzerland voted a tax reform which cancelled all favourable tax regimes and introduced a single tax rate for all companies, which triggered the revaluation of all deferred tax assets and liabilities. Enactment of this law occurred in third quarter of 2019, which resulted in a tax benefit of $20 million. The remeasurement of deferred taxes was reconciled in the fourth quarter of 2019 to include the current year activity, which did not have a material impact on the net remeasurement.

Year ended December 31, 2019
Year ended December 31, 2018
Year ended December 31, 2017
Income tax benefit (expense) computed at statutory rate
(297)
(353)
(238)
Non-deductible and non-taxable permanent differences, net
4
45
17
Income (loss) on equity-method investments
—
—
—
Valuation allowance adjustments
2
141
92
Effect on deferred taxes of changes in enacted tax rates
14
(62)
(70)
Current year credits
50
43
40
Other tax and credits
(51)
(20)
(36)
Benefits from tax holidays
129
135
114
Net impact of changes to uncertain tax positions
(5)
(16)
(43)
Earnings of subsidiaries taxed at different rates
(2)
(9)
(19)
Income tax benefit (expense)
(156)
(96)
(143)


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Benefits from tax holidays from December 31, 2018 to 2019?
Choices:
148
264
-6
149
-6000
Correct choice index: 2
Revenue
Both reported and adjusted revenue fell by 1% as growth in our Consumer business, was more than offset by regulated price reductions in Openreach and declines in our enterprise businesses in particular in fixed voice and also reflecting our strategy to reduce low margin activity such as equipment sales. Excluding the negative impact of £35m from foreign exchange movements, underlying revenue fell 0.9% (2017/18: fell 1%), which exceeds our expectation of down around 2%.
You can find details of revenue by customer-facing unit on pages 40 to 41. Note 6 to the consolidated financial statements shows a full breakdown of reported revenue by all our major product and service categories.
Operating costs
Reported operating costs were down 2% and adjustedb operating costs before depreciation and amortisation were down 1%. This was mainly driven by restructuring related cost savings and lower payments to telecommunications operators driven by Global Services strategy to de-emphasise low margin business, partly offset by higher costs of recruiting and training engineers to support Openreach’s ‘Fibre First’ programme and help deliver improved customer service.
Our cost transformation programme remains on track. c4,000 roles were removed in the year, with the largest elements being in Global Services and our Corporate Units. Overall savings from the programme are currently an annualised benefit of £875m with an associated cost of £386m. Note 7 to the consolidated financial statements shows a detailed breakdown of our operating costs.
Note 7 to the consolidated financial statements shows a detailed breakdown of our operating costs.
a Excluding depreciation and amortisation.

2019
2018
2017
Year ended 31 March
£m
£m
£m
Revenue
23,428
23,723
24,062
Operating costs a
(16,461)
(16,828)
(17,323)
Depreciation and amortisation
(3,546)
(3,514)
(3,572)
Operating profit
3,421
3,381
3,167
Net finance expense
(756)
(764)
(804)
Associates and joint ventures
1
(1)
(9)
Profit before tax
2,666
2,616
2,354
Tax
(507)
(584)
(446)
Profit for the period
2,159
2,032
1,908


Question: Analyse this data from a financial earnings document. What is the change in the revenue from 2018 to 2019?
Choices:
2454
-295
295
23390
39889
Correct choice index: 1
other expense , net increased $ 0.8 million to $ 7.2 million in 2015 from $ 6.4 million in 2014 .
this increase was due to higher net losses on the combined foreign currency exchange rate changes on transactions denominated in foreign currencies and our foreign currency derivative financial instruments in 2015 .
provision for income taxes increased $ 19.9 million to $ 154.1 million in 2015 from $ 134.2 million in 2014 .
our effective tax rate was 39.9% ( 39.9 % ) in 2015 compared to 39.2% ( 39.2 % ) in 2014 .
our effective tax rate for 2015 was higher than the effective tax rate for 2014 primarily due to increased non-deductible costs incurred in connection with our connected fitness acquisitions in 2015 .
year ended december 31 , 2014 compared to year ended december 31 , 2013 net revenues increased $ 752.3 million , or 32.3% ( 32.3 % ) , to $ 3084.4 million in 2014 from $ 2332.1 million in 2013 .
net revenues by product category are summarized below: .

Year Ended December 31,
(In thousands)
2014
2013
$ Change
% Change
Apparel
$2,291,520
$1,762,150
$529,370
30.0%
Footwear
430,987
298,825
132,162
44.2
Accessories
275,409
216,098
59,311
27.4
Total net sales
2,997,916
2,277,073
720,843
31.7
License revenues
67,229
53,910
13,319
24.7
Connected Fitness
19,225
1,068
18,157
1,700.1
Total net revenues
$3,084,370
$2,332,051
$752,319
32.3%

the increase in net sales were driven primarily by : 2022 apparel unit sales growth and new offerings in multiple lines led by training , hunt and golf ; and 2022 footwear unit sales growth , led by running and basketball .
license revenues increased $ 13.3 million , or 24.7% ( 24.7 % ) , to $ 67.2 million in 2014 from $ 53.9 million in 2013 .
this increase in license revenues was primarily a result of increased distribution and continued unit volume growth by our licensees .
connected fitness revenue increased $ 18.1 million to $ 19.2 million in 2014 from $ 1.1 million in 2013 primarily due to a full year of revenue from our connected fitness business in 2014 compared to one month in gross profit increased $ 375.5 million to $ 1512.2 million in 2014 from $ 1136.7 million in 2013 .
gross profit as a percentage of net revenues , or gross margin , increased 30 basis points to 49.0% ( 49.0 % ) in 2014 compared to 48.7% ( 48.7 % ) in 2013 .
the increase in gross margin percentage was primarily driven by the following : 2022 approximate 20 basis point increase driven primarily by decreased sales mix of excess inventory through our factory house outlet stores ; and 2022 approximate 20 basis point increase as a result of higher duty costs recorded during the prior year on certain products imported in previous years .
the above increases were partially offset by : 2022 approximate 10 basis point decrease by unfavorable foreign currency exchange rate fluctuations. .

Question: Analyse this data from a financial earnings document. what was the percent of growth of the sales revenues of apparel from 2013 to 2014
Choices:
16195.18015
-0.57307
-0.30041
1764566.66667
0.30041
Correct choice index: 4
NOTE 14—INCOME TAXES
Our effective tax rate represents the net effect of the mix of income earned in various tax jurisdictions that are subject to a wide range of income tax rates.
The following is a geographical breakdown of income before the provision for income taxes:

Year Ended June 30,
2019
2018
2017
Domestic income (loss)
$269,331
$238,405
$110,562
Foreign income
171,243
147,721
138,989
Income before income taxes
$440,574
$386,126
$249,551


Question: Analyse this data from a financial earnings document. What is the average annual Income before income taxes?
Choices:
826700
321896.33
324807
1
358750.33
Correct choice index: 4
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
The components of the accrued cost of the post-retirement life insurance plan are classified in the following lines in the Consolidated Balance Sheets at December 31:

Post-Retirement Life Insurance Plan
2019
2018
Accrued expenses and other liabilities
$(393)
$(407)
Long-term pension obligations
(4,373)
(4,188)
Total accrued cost
$(4,766)
$(4,595)


Question: Analyse this data from a financial earnings document. What was the change in the Long-term pension obligations between 2018 and 2019?
Choices:
-407
185
-185
-3980
0
Correct choice index: 2
Other Expense, Net
Other expense, net decreased by $4.3 million in 2018 compared to 2017 as a result of an increase in interest expense of $5.7 million related to interest expense due under our convertible senior notes. This increase was offset by an increase of $1.4 million of interest income earned on our short-term investments.

Year Ended December 31,
Change
2018
2017
$
%
(dollars in thousands)
Other expense, net
$ 4,628
$ 302
$ 4,326
1432.5%
% of revenue
3%
0%


Question: Analyse this data from a financial earnings document. What is the average Other expense, net for 2017 and 2018?
Choices:
4477
4930
2465
2317
1
Correct choice index: 2
the following graph compares the cumulative 4-year total stockholder return on our common stock relative to the cumulative total return of the nasdaq composite index and the s&p 400 information technology index .
the graph assumes that the value of the investment in our common stock and in each index ( including reinvestment of dividends ) was $ 100 on january 3 , 2009 and tracks it through december 29 , 2012 .
comparison of 4 year cumulative total return* among cadence design systems , inc. , the nasdaq composite index , and s&p 400 information technology cadence design systems , inc .
nasdaq composite s&p 400 information technology 12/29/121/1/11 12/31/111/2/101/3/09 *$ 100 invested on 1/3/09 in stock or 12/31/08 in index , including reinvestment of dividends .
indexes calculated on month-end basis .
copyright a9 2013 s&p , a division of the mcgraw-hill companies all rights reserved. .

1/3/2009
1/2/2010
1/1/2011
12/31/2011
12/29/2012
Cadence Design Systems, Inc.
100.00
155.99
215.10
270.83
350.00
NASDAQ Composite
100.00
139.32
164.84
167.06
187.66
S&P 400 Information Technology
100.00
151.58
198.02
174.88
201.26

the stock price performance included in this graph is not necessarily indicative of future stock price performance. .

Question: Analyse this data from a financial earnings document. what is the total return if $ 1000000 are invested in cadence design system in 2009 and sold in 2010?
Choices:
1000000000000
2559900
1519900
0.6
559900.0
Correct choice index: 4
Consolidated Statements of Earnings and Comprehensive Earnings
A detail of related party items included in Revenues is as follows (in millions):
(1) Transactions with FNF are summarized through November 30, 2019, the date after which FNF is no longer considered a related party.

Year ended December 31,
2019 (1)
2018
2017
Software services
$40.2
$35.9
$32.8
Data and analytics services
19.3
21.7
24.0
Total related party revenues
$59.5
$57.6
$56.8


Question: Analyse this data from a financial earnings document. What was the percentage change in total related party revenues between 2018 and 2019?
Choices:
2
3.3
8.8
1.9
1.2
Correct choice index: 1
Netsmart Discontinued Operation
On December 31, 2018, we sold all of the Class A Common Units of Netsmart held by the Company in exchange for $566.6 million in cash plus a final settlement as determined following the closing.
Prior to the sale, Netsmart comprised a separate reportable segment, which due to its significance to our historical consolidated financial statements and results of operations, is reported as a discontinued operation as a result of the sale. Refer to Note 4, “Business Combinations and Other Investments” for additional information about this transaction.
The following table summarizes Netsmart’s major income and expense line items as reported in the consolidated statements of operations for the years ended December 31, 2018 and 2017:
(1) Activity includes both Netsmart and intercompany transactions that would not have been eliminated if Netsmart’s results were not consolidated.

Year ended December 31,
(In thousands)
2018
2017
Major income and expense line items related to Netsmart:
Revenue:
Software delivery, support and maintenance
$214,065
$198,204
Client services
131,166
110,430
Total revenue
345,231
308,634
Cost of revenue:
Software delivery, support and maintenance
60,100
51,079
Client services
94,061
78,317
Amortization of software development and acquisition related assets
34,357
29,876
Total cost of revenue
188,518
159,272
Gross profit
156,713
149,362
Selling, general and administrative expenses
125,807
85,583
Research and development
25,315
17,937
Amortization of intangible and acquisition-related assets
24,029
16,409
Income from discontinued operations of Netsmart
(18,438)
29,433
Interest expense
(59,541)
(49,939)
Other income
101
925
Loss from discontinued operations of Netsmart before income taxes
(77,878)
(19,581)
Income tax benefit
22,933
45,253
(Loss) income from discontinued operations, net of tax for Netsmart
$(54,945)
$25,672


Question: Analyse this data from a financial earnings document. What is the change in the Client services revenue from 2017 to 2018?
Choices:
241596
1
-20736
20736
-84758
Correct choice index: 3
Note 18 Other Post-Employment Benefits and Other Employee Benefit Plans
In addition to providing pension benefits, we maintain two Other Post-Employment Benefit Plans which provide a portion of healthcare, dental, vision and life insurance benefits for certain retired legacy employees. These plans are in the U.S. and Canada. Covered employees who retired on or after attaining age 55 and who had rendered at least 10 years of service were entitled to post-retirement healthcare, dental and life insurance benefits. These benefits are subject to deductibles, co-payment provisions and other limitations. The information below relates to these two plans.
Contributions made by us, net of Medicare Part D subsidies received in the U.S., are reported below as benefits paid. We may change the benefits at any time. The status of these plans, including a reconciliation of benefit obligations, a reconciliation of plan assets and the funded status of the plans, follows:

December 31,
(In millions)
2019
2018
Change in benefit obligations:
Benefit obligation at beginning of period
$ 46.4
$ 51.3
Service cost
—
0.1
Interest cost
1.6
1.4
Actuarial (gain) loss
(1.2)
(1.7)
Benefits paid, net
(3.3)
(4.5)
Plan amendments
—
(0.2)
Benefit obligation at end of period
$ 43.5
$ 46.4
Change in plan assets:
Fair value of plan assets at beginning of period
$ —
$ —
Employer contribution
3.3
4.5
Benefits paid, net
(3.3)
(4.5)
Fair value of plan assets at end of period
$ —
$ —
Net amount recognized:
Underfunded status
$ (43.5)
$ (46.4)
Accumulated benefit obligation at end of year
$ 43.5
$ 46.4
Net amount recognized in consolidated balance sheets consists of:
Current liability
$ (5.3)
$ (5.3)
Non-current liability
(38.2)
(41.1)
Net amount recognized
$ (43.5)
$ (46.4)
Amounts recognized in accumulated other comprehensive loss consist of:
Net actuarial (gain) loss
$ (0.6)
$ 0.4
Prior service credit
(2.6)
(3.0)
Total
$ (3.2)
$ (2.6)


Question: Analyse this data from a financial earnings document. What is the difference between Benefit obligation at beginning of period for 2018 and 2019?
Choices:
-4.9
4.9
0
97.7
48
Correct choice index: 1
Adjusted Revenue has limitations as a financial measure, should be considered as supplemental in nature, and is not meant as a substitute for the related financial information prepared in accordance with GAAP. These limitations include the following:
• Adjusted Revenue is net of transaction-based costs, which is our largest cost of revenue item; • Adjusted Revenue is net of bitcoin costs, which could be a significant cost; • The deferred revenue adjustment that is added back to Adjusted Revenue will never be recognized as revenue by the Company; and • other companies, including companies in our industry, may calculate Adjusted Revenue differently or not at all, which reduces its usefulness as a comparative measure.
Because of these limitations, you should consider Adjusted Revenue alongside other financial performance measures, including total net revenue and our financial results presented in accordance with GAAP.
The following table presents a reconciliation of total net revenue to Adjusted Revenue for each of the periods indicated:

Year Ended December 31,
2018
2017
2016
2015
2014
(in thousands)
Total net revenue
$3,298,177
$2,214,253
$1,708,721
$1,267,118
$850,192
Less: Starbucks transaction-based revenue
—
—
78,903
142,283
123,024
Less: transaction-based costs
1,558,562
1,230,290
943,200
672,667
450,858
Less: bitcoin costs
164,827
—
—
—
—
Add: deferred revenue adjustment related to purchase accounting
$12,853
$—
$—
$—
$—
Adjusted Revenue
$1,587,641
$983,963
$686,618
$452,168
$276,310


Question: Analyse this data from a financial earnings document. What is the percentage change of adjusted revenue from 2016 to 2017?
Choices:
243.31
5566.09
43.31
0
30.22
Correct choice index: 2
Patents and Intangible Assets
The Company owns or possesses licenses to use its patents. The costs of maintaining the patents are expensed as incurred.
The Company and Finjan Blue entered into a Patent Assignment and Support Agreement (the “Patent Assignment Agreement”) with IBM effective as of August 24, 2017 (see "Note 7 - Commitments and Contingencies"). Pursuant to the Patent Assignment Agreement, Finjan Blue acquired select IBM patents in the security sector. In accordance with ASC 350-30-35-2 through 35-4, Intangibles-Goodwill and Other, the Company determined that the useful life of the patents acquired under the Patent Assignment and Support Agreement should be amortized over the four-year term of the agreement.
On May 15, 2018, Finjan Blue, entered into a second agreement with IBM (the “May 2018 Patent Assignment Agreement”). Pursuant to the May 2018 Patent Assignment Agreement, Finjan Blue acquired 56 select issued and pending IBM patents in the security sector. The terms of the May 2018 Patent Assignment Agreement are confidential. In accordance with ASC 350-30-35-2 through 35-4, Intangibles-Goodwill and Other, the Company determined that the useful life of the patents acquired under the May 2018 Patent Assignment Agreement should be amortized over five years as the covenants between the parties are effective for that period.
Management did not identify any triggering events which would have necessitated an impairment change.
The components of these intangible assets are as follows:
Amortization expense for the years ended December 31, 2019, 2018 and 2017 was approximately $2.0 million, $1.8 million, and $0.8 million, respectively.

As of December 31,
2019
2018
(in thousands)
Patents
$26,069
$26,069
Less accumulated amortization
(22,517)
(20,562)
Intangible assets, net
$3,552
$5,507


Question: Analyse this data from a financial earnings document. What is the change in net intangible assets between 2018 and 2019?
Choices:
5500
9059
1955
-3551
3910
Correct choice index: 2
The following is a summary of our contractual obligations and commercial commitments as ofSeptember 29, 2019 (in thousands):
(1) Includes mandatory principal and interest payments on our Class A-2 Notes. Amounts are reflected through the anticipated repayment dates as described further above in “Liquidity and capital resources.”
(2)  Includes purchase commitments for food, beverage, and packaging items to support system-wide restaurant operations.
(3)  Includes expected payments associated with our non-qualified defined benefit plan, postretirement healthcare plans and our non-qualified deferred compensation plan through fiscal 2029.
(4)  Consists primarily of letters of credit for interest reserves required under the Indenture and insurance.
We maintain a noncontributory defined benefit pension plan (“Qualified Plan”) covering substantially all full-time employees hired before January 1, 2011.  Our policy is to fund our Qualified Plan at amounts necessary to satisfy the minimum amount required by law, plus additional amounts as determined by management to improve the plan’s funded status. Contributions beyond fiscal 2019 will depend on pension asset performance, future interest rates, future tax law changes, and future changes in regulatory funding requirements. Based on the funding status of our Qualified Plan as of our last measurement date, there was no minimum contribution required in 2019. For additional information related to our pension plans, refer to Note 12,Retirement Plans, of the notes to the consolidated financial statements.

Payments Due by Fiscal Year
Less than
Total
1 year
1-3 years
3-5 years
After 5 years
Contractual Obligations:
Long-term debt obligations (1)
1,708,916
65,087
115,141
667,245
861,443
Capital lease obligations
3,937
879
1,758
1,260
40
Operating lease obligations
1,094,011
193,313
332,020
205,173
363,505
Purchase commitments (2)
1,906,900
854,100
722,900
308,400
21,500
Benefit obligations (3)
74,714
15,068
13,499
13,533
32,614
Total contractual obligations
$4,788,478
$1,128,447
$1,185,318
$1,195,611
$1,279,102
Other Commercial Commitments:
Stand-by letters of credit (4)
$45,600
$45,600
$—
$—
$—


Question: Analyse this data from a financial earnings document. What is the difference in long-term debt obligations between 'less than 1 year' and '1-3 years'?
Choices:
50054
165195
9627
180228
-65082
Correct choice index: 0