trismik/FinRAG huggingface dataset:
GreenSky, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (United States Dollars in thousands, except per share data, unless otherwise stated)
Key details of the term loan are as follows:
(1) The principal balance of the term loan is scheduled to be repaid on a quarterly basis at an amortization rate of 0.25% per quarter through December 31, 2024, with the balance due at maturity. For each of the next five years, principal repayments on the term loan are expected to be $4,000.
(2) For the years ended December 31, 2019 and 2018, debt discount of $613 and $593, respectively, and debt issuance costs of $1,062
and $1,091, respectively, were amortized into interest expense in the Consolidated Statements of Operations. Giving effect to the
amortization of debt discount and debt issuance costs on the term loan, the effective interest rates were 5.95% and 5.99% during the
years ended December 31, 2019 and 2018, respectively.

December 31,
2019
2018
Term loan, face value(1)
$393,000
$397,000
Unamortized debt discount (2)
(3,115)
(3,728)
Unamortized debt issuance costs(2)
(5,388)
(6,450)
Term loan
$384,497
$386,822


Question: Analyse this data from a financial earnings document. What was the change in the Unamortized debt discount between 2018 and 2019?
Choices:
613
0
4790
-4177
1
Correct choice index: 0
Note 6: Equity Method Investments
The following table provides a reconciliation of equity method investments to the Company's Consolidated Balance Sheets (amounts in thousands):
TOKIN's Joint Ventures - NYC and NTS
As noted in Note 2, “Acquisitions,” on April 19, 2017, the Company completed its acquisition of the remaining 66% economic interest in TOKIN and TOKIN became a 100% owned subsidiary of KEMET. TOKIN had two investments at the time of acquisition: NYC and NTS. The Company accounts for both investments using the equity method due to the related nature of operations and the Company's ability to influence management decisions.
NYC was established in 1966 by TOKIN and Mitsui Mining and Smelting Co., Ltd (“Mitsui”). NYC was established to commercialize yttrium oxides and the Company owns 30% of NYC's stock. The carrying amount of the Company's equity investment in NYC was $8.2 million and $8.1 million as of March 31, 2019 and 2018, respectively.
NTS was established in 2004 by TOKIN, however subsequent to its formation, TOKIN sold 67% of its stock. NTS provides world-class electronic devices by utilizing global procurement networks and the Company owns 33% of NTS' stock. During the year ended March 31, 2019, a significant portion of NTS' sales were TOKIN’s products. The carrying amount of the Company's equity investment in NTS was $1.2 million and $1.0 million as of March 31, 2019 and 2018, respectively.

March 31,
2019
2018
Nippon Yttrium Co., Ltd ("NYC")
$8,215
$8,148
NT Sales Co., Ltd ("NTS")
1,218
998
Novasentis
977
2,870
KEMET Jianghai Electronics Components Co., Ltd (“KEMET Jianghai”)
2,515
—
$12,925
$12,016


Question: Analyse this data from a financial earnings document. What was the change in the investments into Novasentis between 2018 and 2019?
Choices:
-1892
-1893
-1538
10055
-2869
Correct choice index: 1
Telecommunications Segment
ICS operates an extensive network of direct routes and offers premium voice communication services for carrying a mix of business, residential and carrier long-distance traffic, data and transit traffic. Customers may have a bilateral relationship with ICS, meaning they have both a customer and vendor relationship with ICS. In these cases, ICS sells the customer access to the ICS supplier routes but also purchases access to the customer’s supplier routes.
Net revenue is derived from the long-distance data and transit traffic. Net revenue is earned based on the number of minutes during a call multiplied by the price per minute, and is recorded upon completion of a call. Completed calls are billable activity while incomplete calls are non-billable. Incomplete calls may occur as a result of technical issues or because the customer’s credit limit was exceeded and thus the customer routing of traffic was prevented.
Revenue for a period is calculated from information received through ICS’s billing software, such as minutes and market rates. Customized billing software has been implemented to track the information from the switch and analyze the call detail records against stored detailed information about revenue rates. This software provides ICS with the ability to perform a timely and accurate analysis of revenue earned in a period.
ICS evaluates gross versus net revenue recognition for each of its contractual arrangements by assessing indicators of control and significant influence to determine whether the ICS acts as a principal (i.e. gross recognition) or an agent (i.e. net recognition). ICS has determined that it acts as a principal for all of its performance obligations in connection with all revenue earned. Net revenue represents gross revenue, net of allowance for doubtful accounts receivable, service credits and service adjustments. Cost of revenue includes network costs that consist of access, transport and termination costs. The majority of ICS’s cost of revenue is variable, primarily based upon minutes of use, with transmission and termination costs being the most significant expense.
Disaggregation of Revenues ICS's revenues are predominantly derived from wholesale of international long distance minutes (in millions):

Years Ended December 31,
2019
2018
Termination of long distance minutes
$696.1
$793.6
Total revenue from contracts with customers
696.1
793.6
Other revenue
—
—
Total Telecommunications segment revenue
$696.1
$793.6


Question: Analyse this data from a financial earnings document. What is the average Total revenue from contracts with customers?
Choices:
1489.7
0
1.88
-744.85
744.85
Correct choice index: 4
There was no material bad debt expense in 2019, 2018 and 2017. In 2019, 2018 and 2017, the Company’s largest customer, Apple represented 17.6%, 13.1% and 10.5% of consolidated net revenues, respectively, reported in the ADG, AMS and MDG segments.
In 2019, $75 million of trade accounts receivable were sold without recourse (nil in 2018).

December 31, 2019
December 31, 2018
Trade accounts receivable
1,396
1,292
Allowance for doubtful accounts
(16)
(15)
Total
1,380
1,277


Question: Analyse this data from a financial earnings document. What is the increase/ (decrease) in Trade accounts receivable from 2018 to 2019?
Choices:
-1307
104
1292
-104
119
Correct choice index: 1
12. Government grants
The following government grants are included within creditors:
A government grant has been received to accelerate and support research and development in the vulnerability of global navigation satellite systems.

2019
2018
£ million
£ million
Current
0.7
0.3
Non-current
0.1
0.8
0.8
1.1


Question: Analyse this data from a financial earnings document. What was the change in the amount of current government grants?
Choices:
0.8
0.4
1
400
0.2
Correct choice index: 1
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
NOTE 13 — Derivatives
The effect of derivative instruments on the Consolidated Statements of Earnings is as follows:

Years Ended December 31,
2019
2018
2017
Foreign Exchange Contracts:
Amounts reclassified from AOCI to earnings:
Net sales
$—
$383
$(488)
Cost of goods sold
860
(6)
497
Selling, general and administrative
92
107
45
Total amounts reclassified from AOCI to earnings
952
484
54
Loss recognized in other expense for hedge ineffectiveness
—
—
(1)
Loss recognized in other expense for derivatives not designated as cash flow hedges
—
—
(15)
Total derivative gain on foreign exchange contracts recognized in earnings
$952
$484
$38
Interest Rate Swaps:
Benefit recorded in interest expense
$491
$421
$37
Total gain
$1,443
$905
$75


Question: Analyse this data from a financial earnings document. What was the change in the Selling, general and administrative between 2018 and 2019?
Choices:
-53
-392
-15
15
199
Correct choice index: 2
Effective Tax Rate
The items accounting for the difference between income taxes computed at the U.S. federal statutory rate and our effective rate were as follows:
The decrease from the federal statutory rate in fiscal year 2019 is primarily due to a $2.6 billion net income tax benefit related to intangible property transfers, and earnings taxed at lower rates in foreign jurisdictions resulting from producing and distributing our products and services through our foreign regional operations centers in Ireland, Singapore, and Puerto Rico. The increase from the federal statutory rate in fiscal year 2018 is primarily due to the net charge related to the enactment of the TCJA in the second quarter of fiscal year 2018, offset in part by earnings taxed at lower rates in foreign jurisdictions. The decrease from the federal statutory rate in fiscal year 2017 is primarily due to earnings taxed at lower rates in foreign jurisdictions. Our foreign regional operating centers in Ireland, Singapore and Puerto Rico, which are taxed at rates lower than the U.S. rate, generated 82%, 87%, and 76% of our foreign income before tax in fiscal years 2019, 2018, and 2017, respectively. Other reconciling items, net consists primarily of tax credits, GILTI, and U.S. state income taxes. In fiscal years 2019, 2018, and 2017, there were no individually significant other reconciling items.
The decrease in our effective tax rate for fiscal year 2019 compared to fiscal year 2018 was primarily due to the net charge related to the enactment of the TCJA in the second quarter of fiscal year 2018, and a $2.6 billion net income tax benefit in the fourth quarter of fiscal year 2019 related to intangible property transfers. The increase in our effective tax rate for fiscal year 2018 compared to fiscal year 2017 was primarily due to the net charge related to the enactment of the TCJA and the realization of tax benefits attributable to previous Phone business losses in fiscal year 2017.

Year Ended June 30,
2019
2018
2017
Federal statutory rate
21.0%
28.1%
35.0%
Effect of:
Foreign earnings taxed at lower rates
(4.1)%
(7.8)%
(11.6)%
Impact of the enactment of the TCJA
0.4%
37.7%
0%
Phone business losses
0%
0%
(5.7)%
Impact of intangible property transfers
(5.9)%
0%
0%
Foreign-derived intangible income deduction
(1.4)%
0%
0%
Research and development credit
(1.1)%
(1.3)%
(0.9)%
Excess tax benefits relating to stock-based compensation
(2.2)%
(2.5)%
(2.1)%
Interest, net
1.0%
1.2%
1.4%
Other reconciling items, net
2.5%
(0.8)%
(1.3)%
Effective rate
10.2%
54.6%
14.8%


Question: Analyse this data from a financial earnings document. What was the average effective rate over the 3 year period from 2017 to 2019?
Choices:
0.04
9.2
26.53
-26.53
21.6
Correct choice index: 2
The reconciliation of the Company’s effective tax rate to the statutory federal rate is as follows:
(1) For the years ended December 31, 2019 and December 31, 2018, this is inclusive of (3.4%) and (3.8%) impact, respectively, that is primarily related to the change in uncertain tax positions.
For 2019, the Company recorded an expense for income taxes of $11.6 million, resulting in an effective tax rate of (3.8)%. The effective tax rate is different than the U.S. statutory federal tax rate primarily due to stock-based compensation expense following the decision in Altera Corp v. Commissioner by the U.S. Court of Appeals for the Ninth Circuit discussed below, the full valuation allowance on the Company's U.S. deferred tax assets, the mix of income/losses among the Company’s foreign jurisdictions, and pretax losses in jurisdictions for which no tax benefit will be recognized.

Year Ended December 31,
2019
2018
2017
Tax at federal statutory rate
21.0 %
21.0 %
35.0 %
State taxes, net of federal effect
(0.3)
(0.1)
(5.4)
Foreign rate differential
(6.0)
(3.9)
(9.3)
Tax credits
1.6
6.3
4.1
Domestic production activities deduction
—
—
(3.5)
Stock-based compensation
(1.0)
(4.9)
(5.3)
Change in prior year reserves
(1.5)
(0.1)
(2.0)
Change in valuation allowance
(13.4)
(15.2)
(35.2)
Effect of change in tax rate due to Tax Act
—
—
(23.4)
Other (1)
(4.2)
(4.0)
2.6
Effective tax rate
(3.8)%
(0.9)%
(42.4)%


Question: Analyse this data from a financial earnings document. What is the average tax credits from 2017-2019?
Choices:
12
-2
2
4
4000
Correct choice index: 3
the graph below matches cadence design systems , inc . 2019s cumulative 5-year total shareholder return on common stock with the cumulative total returns of the s&p 500 index , the s&p information technology index , and the nasdaq composite 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 december 28 , 2002 and tracks it through december 29 , 2007 .
comparison of 5 year cumulative total return* among cadence design systems , inc. , the s&p 500 index , the nasdaq composite index and the s&p information technology index 12/29/0712/30/0612/31/051/1/051/3/0412/28/02 cadence design systems , inc .
nasdaq composite s & p information technology s & p 500 * $ 100 invested on 12/28/02 in stock or on 12/31/02 in index-including reinvestment of dividends .
indexes calculated on month-end basis .
copyright b7 2007 , standard & poor 2019s , a division of the mcgraw-hill companies , inc .
all rights reserved .
www.researchdatagroup.com/s&p.htm .

12/28/02
1/3/04
1/1/05
12/31/05
12/30/06
12/29/07
Cadence Design Systems, Inc.
100.00
149.92
113.38
138.92
147.04
139.82
S & P 500
100.00
128.68
142.69
149.70
173.34
182.87
NASDAQ Composite
100.00
149.75
164.64
168.60
187.83
205.22
S & P Information Technology
100.00
147.23
150.99
152.49
165.32
192.28

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 roi of an investment in cadence design system from 2006 to 2007?
Choices:
1
-0.049
-0.0491
-0.0005
-0.966
Correct choice index: 2
Geographic Information
Revenue based on the geographic location of our customer's headquarters was as follows:
We ship our products to locations specified by our customers and, as a result, customers may have headquarters in one location with global supply chain and operations in other locations. Our customers may request we deliver products to countries where they own or operate production facilities or to countries where they utilize third-party subcontractors or warehouses. Based on the ship-to locations specified by our customers, revenue from sales into China (including Hong Kong) accounted for 53%, 57%, and 51% of total revenue in 2019, 2018, and 2017, respectively; revenue from sales into Taiwan accounted for 13%, 9%, and 13% of total revenue in 2019, 2018, and 2017, respectively; and revenue from sales into the United States accounted for 11%, 12%, and 14% of total revenue in 2019, 2018, and 2017, respectively.

For the year ended
2019
2018
2017
United States
$12,451
$17,116
$11,359
Mainland China (excluding Hong Kong)
3,595
3,607
1,539
Taiwan
2,703
3,918
2,892
Hong Kong
1,614
1,761
1,429
Other Asia Pacific
1,032
1,458
1,078
Japan
958
1,265
1,042
Other
1,053
1,266
983
$23,406
$30,391
$20,322


Question: Analyse this data from a financial earnings document. What is the revenue amount from sales into China (including Hong Kong) in 2019, based on the ship-to locations?
Choices:
547840836
12405.18
23406.53
11937.06
35811.18
Correct choice index: 1
Results of Continuing Operations
The following table sets forth certain operational data as a percentage of net sales for the fiscal years indicated:

Year Ended March 31,
2019
2018
2017
Net sales
100.0%
100.0%
100.0%
Cost of sales
45.2
39.2
48.4
Gross profit
54.8
60.8
51.6
Research and development
15.4
13.3
16.0
Selling, general and administrative
12.8
11.4
14.7
Amortization of acquired intangible assets
12.6
12.2
9.9
Special charges and other, net
0.6
0.4
2.9
Operating income
13.4%
23.5%
8.1%


Question: Analyse this data from a financial earnings document. What was the percentage change in gross profit of net sales between 2017 and 2018?
Choices:
3.2
0.1
9.2
44.8
-12.4
Correct choice index: 2
Stock Ownership Requirements
We believe that in order to align the interests of our executive officers with those of our stockholders, our executive officers should have a financial stake in our Company. We have maintained stock ownership requirements for our executive officers since October 2005. For FY19, our executive officers were required to hold the following minimum number of shares:
• CEO: 6x base salary; • CFO, COO and President: 3x base salary; and • Executive Vice Presidents: 2x base salary.
Stock options and unvested RSUs and PRUs do not count toward stock ownership requirements.
The executive officer is required to acquire and thereafter maintain the stock ownership required within four years of becoming an executive officer of NortonLifeLock (or four years following the adoption date of these revised guidelines). During the four-year transitional period, each executive officer must retain at least 50% of all net (after-tax) equity grants until the required stock ownership level has been met.
As of October 25, 2019, Messrs. Kapuria, Pilette and Taylor reached the stated ownership requirements for FY19. Transitioning or former executive officers and non-executive officers are not included in the table below. See the table below for individual ownership levels relative to the executive’s ownership requirement.
(1) Based on the closing price for a share of our common stock of $22.69 on October 25, 2019.

Executive Officer
Ownership Requirement (1) (# of shares)
Holdings as of October 25, 2019(# of shares)
Samir Kapuria
39,665
186,735
Vincent Pilette
85,941
785,906
Scott C. Taylor
52,887
408,724


Question: Analyse this data from a financial earnings document. What is the value of Samir Kapuria's shares as of October 25, 2019?
Choices:
-4237017.15
4237017150
4237017.15
567.25
186757.69
Correct choice index: 2
Inventories.
Inventories are stated at the lower-of-cost or net realizable value. Cost is determined using the first-in, first-out method. Finished products and work-in-process inventories include direct material costs and direct and indirect manufacturing costs. The Company records reserves for inventory that may be obsolete or in excess of current and future market demand. A summary of inventories is shown below:

(Dollars in Millions)
April 27, 2019
April 28, 2018
Finished Products
$40.2
$15.4
Work in Process
9.4
14.6
Materials
67.1
54.1
Total Inventories
$116.7
$84.1


Question: Analyse this data from a financial earnings document. What was the change in the value of finished products from 2018 to 2019?
Choices:
38.7
9.4
24.8
30.8
0
Correct choice index: 2
11. Quarterly financial information (unaudited): (Continued)
(1) Included in net income for the three months ended September 30, 2019 and December 31, 2019 are an unrealized gain and (loss) on foreign exchange on the Company’s 2024 Notes of $6.1 million and ($4.0) million, respectively.

Three months ended
March 31, 2018
June 30, 2018
September 30, 2018
December 31, 2018
(in thousands, except share and per share amounts)
Service revenue
$128,706
$129,296
$130,139
$132,049
Network operations, including equity-based compensation expense
54,875
54,379
54,615
55,660
Gains on equipment transactions
117
357
416
92
Operating income
20,637
21,354
22,255
22,311
Net income
6,784
6,552
8,231
7,100
Net income per common share—basic and diluted
0.15
0.15
0.18
0.16
Weighted-average number of common shares—basic
44,923,973
45,016,767
45,105,830
45,284,481
Weighted-average number of common shares—diluted
45,294,697
45,536,473
45,699,635
45,803,418


Question: Analyse this data from a financial earnings document. What is the total service revenue at March 31 and June 30, 2018?
Choices:
258002
1
258592
257412
-590
Correct choice index: 0
NOTE 17—SPECIAL CHARGES (RECOVERIES)
Special charges (recoveries) include costs and recoveries that relate to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans, as well as acquisition-related costs and other charges.

Year Ended June 30,
2019
2018
2017
Fiscal 2019 Restructuring Plan
$28,318
$—
$—
Fiscal 2018 Restructuring Plan
515
10,154
—
Fiscal 2017 Restructuring Plan
898
7,207
33,827
Restructuring Plans prior to Fiscal 2017 Restructuring Plan
(620)
279
(340)
Acquisition-related costs
5,625
4,805
15,938
Other charges (recoveries)
983
6,766
14,193
Total
$35,719
$29,211
$63,618


Question: Analyse this data from a financial earnings document. What is the difference between the Acquisition-related costs for fiscal year 2019 and 2018?
Choices:
-4788
58813
0
820
1
Correct choice index: 3
Definite-Lived Intangible Assets, Net
The following table summarizes the changes in the carrying amount of definite-lived intangible assets during the periods presented (table in millions):
Upon adoption of Topic 842 on February 2, 2019, leasehold interest of $116 million related to favorable terms of certain ground lease agreements was derecognized and adjusted to the carrying amount of the operating lease ROU assets and classified as other assets on the consolidated balance sheets. Prior to adoption, these assets were classified as intangible assets, net on the consolidated balance sheets.

January 31, 2020
February 1, 2019
Balance, beginning of the year
$966
$1,059
Additions to intangible assets related to business combinations
622
154
Amortization expense
(300)
(247)
Derecognized leasehold interest
(116)
—
Balance, end of the year
$1,172
$966


Question: Analyse this data from a financial earnings document. What was the change in Additions to intangible assets between 2019 and 2020?
Choices:
0
4
468
688
506
Correct choice index: 2
Item 14. PRINCIPAL ACCOUNTING FEES AND SERVICES.
Independent Registered Public Accounting Firm
Principal Accountant Fees and Services
The following table presents fees for professional audit services rendered by Brightman Almagor Zohar & Co., a Firm in the Deloitte Global Network (“Deloitte”) for the audit of our financial statements for the fiscal years ended December 31, 2019 and 2018 and fees billed for other services rendered by Deloitte during those periods.
(1) Audit fees are comprised of fees for professional services performed by Deloitte for the audit of our annual financial statements and the review of our quarterly financial statements, as well as other services provided by Deloitte in connection with statutory and regulatory filings or engagements.
(2) Tax fees are comprised of fees for preparation of tax returns to the Company and the services performed by Deloitte in connection with Inter-Company matters.
We did not use Deloitte for financial information system design and implementation. These services, which include designing or implementing a system that aggregates source data underlying the financial statements and generates information that is significant to our financial statements, are provided internally or by other service providers. We did not engage Deloitte to provide compliance outsourcing services.

December 31,
2018
2019
Audit Fees (1)
$58,000
$55,000
Audit-Related Fees
$-
$-
Tax Fees (2)
$28,000
$11,000
All Other Fees
$-
$-
Total Fees
$86,000
$66,000


Question: Analyse this data from a financial earnings document. What is the total amount of audit fees in both 2018 and 2019?
Choices:
0
110000
113000
1
3000
Correct choice index: 2