{
    "_id": "d1b2e74c0",
    "title": "",
    "text": "tables present investment portfolio class excluding commercial December 31, 2019 2018. Commercial short term risk.\n Write-offs lease loan $16 million $47 million 2019. Provisions credit losses $6 million $2 million.\n average investment impaired leases loans Americas EMEA Asia Pacific $138 million $49 million $45 million. interest immaterial.\n 2019 Americas EMEA Asia Pacific\n Lease receivables $ 3,419 $1,186 5,567\n Loan receivables 3,901\n Ending balance $10,144 $5,087 $3,359 $18,590\n impairment $10,032 $5,040 $3,326 $18,399\n $ 112 $ 47 $ 191\n Allowance credit losses\nJanuary 1 2019\n Lease $ 53 22 24 99\n Loan 105\n $ 158 $ 65 $ 56 $ 279\n Write-offs\n Recoveries\n balance December 31, 2019 $ 120 $ 54 36 210\n Lease $ 33 23 16 72\n Loan $ 88 31 $ 20 138\n allowance impairment $ 25 11\n $ 96 43"
}
{
    "_id": "d1b32cade",
    "title": "",
    "text": ". INCOME TAXES\n calculate federal state taxes. federal tax reform) enacted December 22, 2017 provisions accounting. reduced. corporate tax rate 35% to 21% January 1 2018. remeasured deferred tax assets liabilities. expense $7. 1 million offset valuation allowance 2017. Tax Act provisions January 1 2018 2018 2019 earnings.\n Deferred tax asset\n. valuation allowance deferred tax assets.\n Net operating loss carryforwards $7,672 $4,541\n Stock options warrants\n Property\n Intangible assets\n Capitalized expenses\n right-of-use lease assets\n deferred tax assets 8,687 5,398\n Valuation allowance\n asset"
}
{
    "_id": "d1b38504e",
    "title": "",
    "text": ". Earnings Per Share\n computed ASC 260 average shares. Diluted adjusted dilutive effect stock options RSUs contingently issuable shares.\n table reconciles share amounts diluted earnings\n excludes. 3. 9 million options RSUs contingently issuable shares December 2019 2018 2017.\n Common stock December 31, 2019 2018 115,986,352 116,123,361.\n Weighted average shares\n 116,175 116,057\n Dilutive effect stock options RSUs contingently issuable\n Diluted 118,571"
}
{
    "_id": "d1b37e6a4",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION FINANCIAL STATEMENTS\n. EXPENSES\n property real estate taxes $198. $169.\n pass-through costs 74. 71.\n 77. 93\n rent 75. 61\n withholdings 102. 90.\n construction costs 27. 41\n income tax 55. 57.\n expenses. 362.\n $958. $948."
}
{
    "_id": "d1b3a8e2c",
    "title": "",
    "text": "tax effects differences Company deferred tax assets liabilities\n Company considers evidence recent earnings future taxable income carryback carryforward periods planning strategies.\n Deferred tax assets\n income shipments distributors $39.\n Inventory valuation 45.\n operating loss 94. 101.\n Capital loss 9.\n Share-based compensation 42.\n Income tax credits 376. 178.\n Property equipment 23.\n Accrued expenses 91.\n Intangible assets 1,608.\n.\n deferred tax assets 2,303. 488.\n (332.\n 1,971. 283.\n Deferred tax liabilities\n debt (279. (304\n Intangible assets (721.\n.\n liabilities.\n deferred tax asset $971.(105.\n\n deferred tax $1,677. $100.\n (706.\n deferred tax $971.(105."
}
{
    "_id": "d1b3c2610",
    "title": "",
    "text": "equipment programming franchise network.\n advertising marketing selling billing debts collection.\n office building fees losses disposals write property administrative expenses.\n. OPERATING EXPENSES\n August\n dollars\n Salaries benefits outsourced services,041 317,118\n Service 661,214 615,267\n Customer 83,401 68,744\n 114,324 120,496\n 1,203,980"
}
{
    "_id": "d1b375054",
    "title": "",
    "text": "gains. RMB19,689 million 31 2019 non-IFRS adjustment items fair value gains increased valuations FinTech social media education disposal gains capital activities.\n Selling marketing expenses. decreased 12% to RMB21,396 million. due advertising promotion expenses improved operational efficiencies. decreased 6% from 8% 2018.\n administrative expenses. increased 29% to RMB53,446 million. driven R&D expenses staff costs. increased 14% from 13% 2018.\n Finance costs. increased 63% to RMB7,613 million. interest expenses higher indebtedness.\n. RMB1,681 million 2019 RMB1,487 million 2018. due non-cash charges.\n Income tax expense. decreased 7% to RMB13,512 million. preferential tax treatments benefits.\n Profit equity holders.equity holders increased 19% RMB93,310 million. Non-IFRS profit 22% RMB94,351 million.\n Revenues 377,289 312,694\n (209,756\n Gross profit 167,533 142,120\n Interest income 6,314\n gains 19,689 16,714\n Selling marketing expenses (21,396)\n expenses (53,446)\n Operating profit 118,694 97,648\n Finance costs (7,613)\n Profit tax 109,400\n 95,888 79,984\n Equity holders 93,310 78,719\n Non-controlling interests\n Non-IFRS profit 94,351"
}
{
    "_id": "d1b38a7ec",
    "title": "",
    "text": "Non-Management Director Compensation 2019\n directors compensation 2019\n column represents fair value stock award ASC 718. amounts exclude forfeitures vesting. Note 10 financial statements Annual Report Form 10-K 2019.\n Dividend payments unvested restricted stock.\n Fees Stock Awards Option Awards Other Compensation Total\n Robert D. Rosenthal 95,000 40,000 25,900\n Chad M. Lindbloom\n Paul S. Pearlman 65,000 105\n Lawrence Reinhold"
}
{
    "_id": "d1b39e774",
    "title": "",
    "text": ". Earnings per Share\n ASC 260 two-class method determines common stock dividends participation rights undistributed earnings. basic diluted earnings presented.\n undistributed earnings allocated equally Class A B common stock. holders participate dividends declared Board. December 31, 2019 2018 2017 declared paid quarterly dividends $0. 27, $0. 25 $0. 21 per share.\n Basic earnings per share computed net income weighted average shares. Shares issued reacquired weighted. Diluted earnings per share computed potentially dilutive shares.\n net income weighted average number shares diluted earnings\n December 31, 2019 2018 2017 options to purchase,133 293,898 265,866 outstanding not included diluted earnings.2019 2018 2017 338,748 420,524 463,800 stock options.\n Distributed earnings $43,207 $39,627 $32,709\n Undistributed 70,683 42,470\n Net income $113,890 $82,097 $114,141\n Class A common stock\n net income $76,294 $54,715 $75,413\n weighted average shares 26,763 26,354 25,685\n.\n income $76,555 $54,937 $75,698\n stock options 279\n average shares 27,042 26,678 25,973\n.\n Class B common stock\n net income $37,596 $27,382 $38,728\n shares 13,188\n.\n income $37,335 $27,160 $38,443\n.\nyears 2017 purchase 288,133 293,898 265,866"
}
{
    "_id": "d1b3b16d0",
    "title": "",
    "text": "Stock-Based Compensation Expense Valuations Stock Awards\n estimated restricted stock-based awards service-based vesting market values discounted expected dividends.\n values PSUs measured market values discounted dividends. vesting conditions terms communicated employee attainment metrics. GAAP. awards met performance-based classification criteria ASC 718.\n estimated values stock options service-based vesting Black-Scholes-Merton option-pricing model. assumptions price volatility. Changes affect value estimates stock-based compensation expense. values estimated grant dates. weighted-average assumptions 2019 2018 2017.\n expected life exercise patterns post-vesting termination behavior risk-free interest rate. Treasury instruments annualized dividend yield share dividend volatility implied volatility publicly traded options.\nestimated values PSOs 2018 $10 share Monte Carlo simulation risk-free interest. 14% term seven years volatility. 44% dividend yield. 49%.\n Ended May 31,\n life 4.\n interest. 7%.\n Volatility 24%\n Dividend yield. 7%. 5%.\n-average value share $10. 77"
}
{
    "_id": "d1b3bbb12",
    "title": "",
    "text": "Financial risk management\n Credit risk\n financial loss obligation. trade receivables loans cash deposits instruments.\n managed invoiced quarterly managed risks default.\n tenants assessed review process credit ratings financial information. deposits guarantees obtained. deposits collateral 31 December 2019 £3. 5 million (2018 £3. million.\n loss allowance credit losses judgement collectability receivables. losses days past due credit status historical evidence collection.\n ageing analysis trade receivables\n 2019\n to three months.\n Three to six months.\n."
}
{
    "_id": "d1b369812",
    "title": "",
    "text": "Non-GAAP Financial Measures\n financial condition include non-GAAP financial measures. standard vary. not substitute financial performance U. S. GAAP. not future results unaffected.\n Management believes non-GAAP measures past future performance manufacturing operations amortization intangibles stock-based compensation restructuring distressed customer charges integration charges loss disposal subsidiaries settlement receivables impairment notes receivable goodwill impairment business interruption impairment securities restructuring loss discontinued operations gain sale other expenses tax deferred tax valuation allowance charges. uses non-GAAP measures operating decisions assess business performance employee performance incentive compensation.Management believes non-GAAP financial measures past future performance manufacturing operations excluding amortization stock compensation restructuring distressed customer charges acquisition integration charges loss disposal settlement impairment goodwill impairment business interruption impairment charges restructuring loss income discontinued operations gain sale other expenses tax deferred tax valuation charges. uses measures decisions business performance employee performance incentive. performance operations amortization stock compensation restructuring customer charges loss disposal settlement impairment goodwill impairment business interruption charges restructuring loss income (loss discontinued operations gain sale other expenses net tax deferred tax valuation allowance charges. uses decisions business performance employee performance incentive compensation.\ndetermine tax effect items excluded from diluted earnings statutory tax treatment tax rate jurisdiction pre-tax realization tax benefit expected. jurisdictions tax benefit tax reduced or 0% tax rate applied.\n reporting operating income earnings return on invested capital earnings. items excluded balance sheet assets written off without recovery cash. restructuring make cash payments future. exclude stock-based compensation expense non outstanding shares dilution stockholders’ ownership interest. consider evaluating utility non-GAAP financial measures.\n tables reconciliation non-GAAP financial measures to comparable U. S. GAAP measures Consolidated Financial Statements\n Reconciliation. GAAP Financial Results Non-GAAP Measures\n Charges fiscal years 2019 2018 inventory assets charges distressed customers networking consumer wearables sectors.2017 inventory disengagement energy customer.\n insurance $2. 9 million $24. 9 million 2019 2018 business interruption asset impairment Hurricane Maria Cayey Puerto Rico.\n Johnson & Johnson Medical Devices.\n restructuring securities loss 2019. Note 16 Value Consolidated Financial Statements.\n year 2019 $13. 3 million income tax benefit November 30 2018. $142. 3 million estimate Tax Act.\n Year August\n Operating income. $701,356 $542,153\n Amortization intangibles\n Stock-based compensation 61,346\n Restructuring 25,914\n Distressed customer 6,235,710\n Business interruption impairment\n Acquisition integration 52,697\n Loss disposal subsidiaries\n Adjustments operating income 175,255\noperating income-GAAP $876,611 $768,147 $667,003\n Jabil. $287,111 $86,330 $129,090\n Adjustments income 175,255 225,994 256,773\n impairment securities\n securities\n Adjustment (18,633 146,206\n earnings-GAAP $473,365 $458,530 $392,676\n earnings share.\n-GAAP.\n shares. 158,647 175,044 185,838"
}
{
    "_id": "d1a71456c",
    "title": "",
    "text": ". Trade payables\n. 2018 government grants $0. 4 million $0. 9 million included payments account accruals. reclassified government grants.\n. 2018 government grants $1. million payables.\n payables non settled 30 to 60-day terms.\n Directors carrying amount approximates fair value.\n $ million\n Trade payables 24. 12.\n Payments.\n taxes social security costs.\n payables.\n 49. 43.\n Government grants1.\n 84. 63\n Non-current\n.\n Government.\n.\n."
}
{
    "_id": "d1b30f754",
    "title": "",
    "text": "Financing Cash Flow\n December 31, 2019\n Net cash increased due to 0. 875% Convertible Senior Notes lower credit facility payments borrowings decrease repurchase common stock. offset by purchase minority interest Pulse8 2019.\n December 31, 2018\n used cash financing driven higher repayments higher common stock repurchases. used proceeds sale investment Netsmart repay balances. borrowed funds 2018 purchase Practice Fusion Health Grid remaining minority interest.\n Net cash financing increased December 31, 2018 due higher borrowings Netsmart business acquisitions.\n December\n thousands 2019 2018\n Proceeds sale common stock $1,283 $1,568(1,283)\n Taxes net share settlement equity awards (7,286) (9,466 2,180\n. Convertible Senior Notes 218,000\n issuance costs.\n. (17,222\n payments (220,000 (713,751) (138,139) 493,751\n borrowings costs 279,241 430,843 325,001 (151,602)\n Repurchase common stock (111,460) (138,928) (12,077)\n financing obligations (14,685 (5,198),487\n Purchases subsidiary shares non-controlling (53,800 (7\n 67,343 (442,415) 167,801 509,758 (610,216)\n 149,432,784,648\n $67,343 $(292,983) $198,585 $360,326(491,568)"
}
{
    "_id": "d1b2efcc4",
    "title": "",
    "text": "Staff costs\n payroll\n £m\n Wages salaries. 325.\n Social security 71. 58.\n Pension 21. 19.\n payroll costs. 403."
}
{
    "_id": "d1b3179a4",
    "title": "",
    "text": "Teradyne’s revenues by\n customer.\n 2019 2018 no customer 10% revenues. Taiwan Semiconductor Manufacturing Company. 13%. customer Teradyne’s Semiconductor Test segment. Huawei Technologies Co. 11% 4% revenues 2019 2018. 10% 13% 22%.\n Revenues\n China $514,327 $348,942 $260,451\n Taiwan 485,681 516,322,031\n United States 333,059 282,869\n Korea 239,504 163,224\n Europe 219,015 223,207\n Japan 175,322 158,281 169,093\n Thailand 87,503 59,184\n Singapore 84,111 108,618\n Malaysia 58,200 122,797\n Philippines 54,560 77,996 105,850\n43,683 39,362\n,294,965,802,606"
}
{
    "_id": "d1a719738",
    "title": "",
    "text": "Equity net earnings\n December 31, 2019 32. ownership Golar Partners 2% general partner interest 100% incentive distribution rights. decrease earnings performance fair value adjustment. offset impairment charge $149. 4 million 2018.\n net earnings affiliates equity Egyptian Company Gas Services. Avenir LNG. recognized negative goodwill $3. 8 million earnings bargain purchase Avenir. note 14 \"Investment Affiliates financial statements details.\n 2019 2018\n Share net/earnings Golar Partners (20,050 7,001 (386)\n Impairment (149,389\n other affiliates (2,515) 3,711 (6\n"
}
{
    "_id": "d1b31bec8",
    "title": "",
    "text": "Liability Warranty\n products include 90 days to five years defects. accrue warranty returns return rate cost. quality programs. complexity warranty incidences costly. estimates change failure rates usage rework costs. accruals unforeseen problems. additional warranty expense. liability warranty obligations $8. 4 million $8. 6 million December 31, 2019 2018. included accrued expenses Consolidated Balance Sheets. 2017 reduction warranty expense settlement defective component.\n summary warranty expense write-off activity December 31, 2019 2018 2017\n Balance $8,623 $9,724 $8,548\n cost expenses 4,569 7,392 6,951\n Deductions (4,798) (8,493)\n end $8,394 $8,623 $9,724"
}
{
    "_id": "d1b34db9e",
    "title": "",
    "text": ". Defined Benefit Pension Plan Postretirement Benefits\n Company sponsors non-contributory pension plans employees Philippines. benefits years service final salary. employees. December 31, 2019 Plans unfunded. no cash contributions 2020.\n benefit obligation net amount long liabilities Balance Sheets\n Balance $3,282 $3,642\n Service cost 405\n Interest cost 254\n Actuarial losses (108)\n Benefits paid (22)\n foreign currency translation\n $3,933\n Unfunded\n Net amount"
}
{
    "_id": "d1b35ea48",
    "title": "",
    "text": "RESEARCH DEVELOPMENT EXPENSES\n research expenses excluding increased 22% 2019 higher development activities. sales decreased 10% 11% 2018. Currency changes 4% increase R&D expenses-over-year.\n expenses new technology-demand.\n R&D. development programs customers research institutes. products access new technology expertise. costs prototypes experimental models charged cost sales.\n R&D operations Netherlands Belgium United States receive grants credits.\n Year ended December 31,\n million) 2018 2019 %\n Research development expenses 125. 150. 20%\n Capitalization. 21%\n grants credits.\n Amortization capitalized development expenses.\n.\n Impairment capitalized development expenses.\n 88. 110."
}
{
    "_id": "d1b309b74",
    "title": "",
    "text": "Stock options average contractual terms December 31, 2019 2018 2017\n December 31, 2019 unrecognized expense non stock unit awards options $45 million expected recognized 1. 8 years.\n 2018.\n Vested expected vest 5.\n."
}
{
    "_id": "d1a7340d8",
    "title": "",
    "text": ".\n December 2016, 67% Inotera results. sold DRAM products supply agreements. funded 80 billion dollars $986 million 58 million common stock. Financial Statements Data Acquisition Inotera.\n 2016\n Revenue $23,406 $30,391 $20,322 $12,399 $16,192\n Gross margin 10,702 17,891 8,436\n Operating income 7,376 14,994 5\n Net income 6,358 14,138 5,090\n 6,313 14,135 5,089\n earnings) per share.\n Cash short-term investments 7,955 6,802 5,428\n assets 16,503 16,039\n Property equipment 28,240 23,672 19,431 14,686\nassets 48,887 43,376\n liabilities 6,390\n debt 4,541 3,777\n Micron equity 35,881 32,294 18 12\n subsidiaries 889\n equity 36,770 33,164 19,470 12"
}
{
    "_id": "d1b392faa",
    "title": "",
    "text": ". Income Taxes\n December 22, 2017 Tax Act enacted. tax law. Federal corporate income tax rate 35% to 21% one-time transition tax unrepatriated earnings foreign subsidiaries eliminating. taxes dividends foreign capitalizing R&D expenses 15 years changes foreign earnings.\n Tax Act low-taxed income foreign subsidiaries tax. corporation foreign subsidiaries. effective August 1, 2018 no impact tax benefit July 31, 2019.\n. Company GILTI current expense deferred taxes. elected current period expense. finalized assessment transitional impacts Tax Act.\n December 2018 IRS regulations BEAT tax evaluating. tax provision.\n. Treasury Department Internal Revenue Service standard-setting bodies Tax Act. Company guidance estimates information.\n legislative changes.Treasury regulations income tax adjustments. Company’s income before taxes July 31, 2019 2018 2017\n years July\n 2018 2017\n Domestic $(1,778) $(13,501) $21,723\n International 14,230 5,225\n taxes $12,452 $(8,276) $28,526"
}
{
    "_id": "d1b3782ea",
    "title": "",
    "text": "Contractual Obligations\n liquidity. obligations as January 31, 2020\n principal interest payments Senior Notes. public debt offering issued August 21, 2017 $4. 0 billion.\n principal interest note Dell. $270 million note Dell January 21, 2014.\n principal senior unsecured term loan facility. repaid before October 2020. variable interest payments excluded.\n operating finance leases. facility space land. exclude minimum lease payments $361 million sublease income.\n future cash payments Transition Tax.\n January 31, 2020 $479 million uncertain tax benefits interest penalties. timing future payments uncertain. 12 months unrecognized tax benefits reduced $17 million.\n Less than 1 year 1-3 years 3-5 years More than 5 years\nSenior $4,552 $1,372\n 283 278\n Term 1,500\n Future Lease 1,202 144 268 178\n Purchase obligations 255 168\n Tax 545\n Asset Retirement Obligations\n-Total 8,350 3,243 2,428 505 2,174\n Uncertain tax 479\n $8,829"
}
{
    "_id": "d1b323506",
    "title": "",
    "text": "table SG&A expenses. GAAP\n depreciation amortization.\n non-cash share-based compensation.\n new store marketing allowance $1,000 non freight costs Freshpet Fridge replacements. enhances marketing spend distribution network.\n fees secondary public offerings common stock.\n Chief Executive Officer’s separation agreement leadership transition costs\n securities lawsuits.\n Months December\n SG&A expenses $114,450 $94,876 $75,167 $62,586 $58,297\n Depreciation amortization 9,551\n Non-cash share-based compensation 5\n Launch expense 4,563 3,540 3,066 2,813\n Loss disposal equipment\n Secondary offering expenses\n Leadership transition expenses\nLitigation expense\n $92,473 $76,698 $60,797 $48,651 $46,347\n Net Sales. 6%. 7%."
}
{
    "_id": "d1b39af66",
    "title": "",
    "text": "EBITDA Non-GAAP Reconciliation\n millions\n Non-GAAP Integration Transformation Costs Special Items.\n Net income $(5,269) (1,733)\n Income tax expense 503\n 2,040 2,133\n Depreciation amortization expense 5,120\n Share-based compensation expenses 162\n Goodwill impairment 6,506 2,726\n EBITDA 8,771 8,602 8,248\n transaction expenses\n integration transformation\n special\n EBITDA $9,070 9,040 8,686\n Total revenue $22,401 23,443 24\n EBITDA Margin.\n."
}
{
    "_id": "d1b358fda",
    "title": "",
    "text": "Consolidated Financial Statements Fiscal Years Ended 2019 2018 28, 2017\n Revolving Credit Facility Term Loan Agreement require earnings taxes amortization expense 3. 1. funded debt EBITDA 5. 875 2020 to 3. 75 2023 fourquarter. May 26, 2019 compliance financial covenants Loan Agreement.\n Net interest expense\n Interest operations $375. 6 million $164. 5 million $223. 7 million 2019 2018 2017.\n Long-term debt $385.\n Short-term debt.\n Interest income.\n Interest capitalized.\n $391."
}
{
    "_id": "d1b2f1524",
    "title": "",
    "text": ". Net Income Per Share\n computed common stock. Diluted dilutive securities treasury stock method. dilutive securities include unvested restricted stock units stock options VMware’s stock. Securities excluded anti-dilutive. VMware two-class method diluted earnings same.\n table computations diluted net income\n January 31, 2020 February 1, 2019 2, 2018\n Net income VMware, Inc. $6,412  $1,650  $437\n Weighted-average shares A B 417,058 413,769  410,315\n other dilutive securities 8,177 7,362  10,572\n 425,235 421,131 420,887\n income VMware. $15. 37 $3. 99 $1. 07\n.stockholders Classes A B. $3."
}
{
    "_id": "d1b36f0dc",
    "title": "",
    "text": ". BALANCE\n property\n Depreciation 2017 $11. 8 million $10. 2 million. 3 million.\n Computer 3 5 $57,474 $52,055\n Furniture fixtures 7 years\n Leasehold improvements 2 6 9\n Renovation\n-to-suit property 25 years 51,058\n 86,378 119,451\n accumulated depreciation amortization\n $36,526 $77,254"
}
{
    "_id": "d1a725a2e",
    "title": "",
    "text": "Management Discussion Analysis\n Associates\n.\n Singapore Financial Reporting Standards.\n constant exchange rates regional currencies Rupee Indonesian Rupiah Philippine Peso Thai Baht 2018.\n items exceptional.\n Singtel equity 21. 0% Intouch 40. 5%.\n Bharti Telecom equity 50. 1% Airtel 31 March 2019. loss interest charges borrowings.\n equity. 1% Airtel 2019. loss interest charges borrowings.\n Singtel ceased units NetLink Trust 2017 interest 24. 8% Trust. amortisation deferred gain S$20 million$32 million excluded fair value adjustments acquisition.\n results Singapore Post Limited.\n Financial Year ended 31 March\n constant currency\n Group share associates pre-tax profits.\npost-tax profits\n Telkomsel 843 1,031.\n 286 292 -1.\n Globe\n ordinary results 251 180 39. 45.\n exceptional items\n 251 202 23. 29.\n Intouch\n operating results 101 106.\n amortisation intangibles 8.\n 79 86 -7.\n Airtel (131) 101\n BTL 127. 140.\n (171) 83\n Regional associates 1,287  1,694.\n NetLink 48 72 -32.\n associates 47 57.\n post-tax profits 1,383 1,823."
}
{
    "_id": "d1b2e7bb4",
    "title": "",
    "text": ".\n Group leases offices Amsterdam San Francisco Austin Sydney Manila Bengaluru Yokohama Ankara-cancellable leases nine years. leases terms escalation clauses renewal rights. rent $38. 6 million $23. 6 million $12. 2 million 2019 2018 2017.\n services-parties cloud data centers. non-cancellable expire two four years.\n minimum lease payments June 30 2019\n Leases Commitments\n.\n 2020 $38,790 $108,978 $147,768\n 2021 2024 148,021 219,342,363\n $330,848 $328,320,168"
}
{
    "_id": "d1a718d56",
    "title": "",
    "text": "Net Income per Share\n shares. Diluted treasury stock method dilutive options restricted units convertible notes.\n reconciles numerators denominators basic diluted computations income.\n Diluted shares note hedges 2018.\n June 30 2019 24 2018 25 2017\n Net income $2,191,430 $2,380,681 $1,697,763\n Basic shares 152,478 161,643\n dilutive securities\n stock plans\n Convertible notes 5,610\n Warrants\n Diluted shares 159,915 180,782\n Net income share-basic $14.\n-diluted $13."
}
{
    "_id": "d1b36ec4a",
    "title": "",
    "text": "Convertible Notes amortized cost\n December 31, 2019 2018\n debt excluding derivative liability. carrying debt.\n determined unobservable inputs minimal market activity. level 3 hierarchy.\n Carrying\n. 5% convertible notes due December 15, 2021\n Balance December 31, 2019\n $6,727 $8,864\n 65,257 84,648\n $71,984 $93,512 $107,000\n December 31, 2018\n $5,879 $8,378\n 57,031 79,433\n $62,910 $87,811 $107,000"
}
{
    "_id": "d1a7174c4",
    "title": "",
    "text": ". Reportable Segments Geographic Information Major Customers\n segments components enterprise financial information evaluated performance resources. Company internal reporting system financial data. Net sales attributed region product. services manufacturing processes customers order fulfillment processes interchangeable. performance operating income (loss. net sales administrative expenses excludes corporate expenses. $13. 5 million-time employee bonus overseas Tax Reform. not allocated. Inter-segment transactions recorded arm’s length. accounting policies same Company.\n three reportable segments 2019 2018 2017\n Total assets\n AMER $751,990 $645,791\n APAC 958,744 937,510\n EMEA 209,541 193,797\n Corporate 80,608\n $2,000,883 $1,932,642"
}
{
    "_id": "d1a717e60",
    "title": "",
    "text": "spend pay\n table shows FY19 FY18 expenditure employee costs distributions shareholders.\n dividends\n expenditure wages salaries social security pension share-based payments note 10 Financial Statements\n Shareholder distributions. 10%\n employee 370. 2%"
}
{
    "_id": "d1b3453e0",
    "title": "",
    "text": "6. FINANCIAL DATA\n data Statements. future Statements Item 7 Discussion Analysis Financial Condition Results Operations.\n December 1, 2018 adopted Financial Accounting Standards Update. 2014-09 Revenue Contracts Topic 606 retrospective. Prior information restated.\n November 29, 2019 working capital deficit $2. 25 billion term loan April 2020 $900 million. 75% senior notes February 1, 2020. refinance Term Loan Notes.\n fiscal 52- 53-week ends November 30. 2016 53-week.\n Revenue $11,171,297 $9,030,008 $7,301,505 $5,854,430 $4,795,511\n Gross profit $9,498,577 $7,835,009 $6,291,014,034,522 $4,051,194\ntaxes $3,204,741 $2,793,876,137,641\n $2,951,458,590,774,693,954,168,782\n share\n.\n.\n,291,564\n diluted 491,572\n Cash investments $4,176,976 $3,228,962 $5,819,774 $4,761,300,988,084\n Working,696,013) $555,913 $3,720,356 $3,028 $2,608,336\n Total assets $20,762,400 $18,768,682 $14,535,556 $12,697\n $3,149,343\n $988,924 $4,124,800 $1,881,421\n Stockholders’ equity $10,530,155 $9,362,114 $8,459,869 $7,424\n\n 22,634 21,357 17,973 15"
}
{
    "_id": "d1b3b6d7e",
    "title": "",
    "text": "Cash Flows\n table summarizes cash flow\n cash increased $224 million 2019. due capital advance payments $59 million Greek arbitration award integration restructuring costs. offset tax interest $60 million interest swaps.\n cash increased $242 million 2018. taxes integration restructuring costs swaps. offset $24 million 2016 acquisition Lockheed Martin.\n investing increased $179 million. due $178 million $96 million sale real estate $81 million 2016 acquisition. offset $94 million acquisition IMX purchases property lower proceeds promissory notes.\n investing increased $43 million. due $81 million 2016 acquisition IS&GS offset $40 million settlement promissory note.\n financing increased $2 million 2019. due debt payments higher stock repurchases offset $23 million tax indemnification issuances.\n increased $278 million 2018.increase $250 million $167 million open market $23 million cash tax indemnification. offset $150 million debt $14 million real estate.\n 3 2020 December 28, 2018 29, 2017\n operating $992 $768 $526\n investing 65\n financing (709) (429)\n cash cash $348(53)"
}
{
    "_id": "d1b3ae232",
    "title": "",
    "text": "Auditor Service Fees\n Company PricewaterhouseCoopers LLP auditors audit financings regulatory reporting SOX tax services December 31, 2019 2018\n Audit fees annual quarterly 2019 2018 public offerings Class A voting shares\n-related fees accounting consultations services related not.\n Tax fees tax compliance expatriate tax return planning advisory services.\n Other fees additional products services accountants.\n Fiscal 2019 2018\n Audit Fees 1,133 764\n-Related Fees\n Tax Fees\n Other Fees\n 1,136 766"
}
{
    "_id": "d1b38d9ec",
    "title": "",
    "text": "\n 2019 satellite programs increased $8. 6 million 61%. government 46% 36%. commercial 5% 14%. FEI-NY recognized POC method. from non-space. Government/DOD customers increased $5. 2 million 29%. recorded FEI-NY FEI-Zyfer segments 46% 45% consolidated revenues. commercial industrial sales 8% revenues 19% 2018. $3. 9 million $7. 6 million. due ASU 2014-09 1.\n Fiscal years\n FEI-NY $38,096 $26,936 $11,160 41%\n FEI-Zyfer 12,235 15,272 (3,037 (20%)\n Intersegment sales (822) (2,801) 1,979 (71%)\n $49,509 $39,407 $10,102 26%"
}
{
    "_id": "d1b3259b4",
    "title": "",
    "text": "Benefit Taxes\n. federal state foreign taxes. operations taxes\n Ended December 31,\n 2018 2017\n. $176. $138. $180.\n (50. (73.\n $126. $73. $106."
}
{
    "_id": "d1b341db2",
    "title": "",
    "text": "Deferred Taxes deferred tax liability\n Deferred taxes differences. realization income.\n future income-planning strategies.\n Consolidated NOL carryforwards December 31, 2019 $349. 5 million deferred tax assets $73. 4 million.\n NOL carryforwards 2017 $60. 7 million deferred assets $12. 8 million indefinitely. carryforwards $288. $60. expire 2026 2035.\n ETFL subsidiary NOL carryforwards December 31, 2019 $1. 0 million deferred tax assets $0. 2 million. expire 2021 2024.\n state NOL carryforwards December 2019 $758. 5 million deferred tax assets $16. 7 million. expire 2020 to 2039. NOL carryforwards $80. 3 million deferred tax asset $5.million valuation allowance.\n carryforwards expire 2020 to 2037. tax expense.\n Tax Act repeals tax 2017. AMT credit carryforwards $1. 5 million refundable income tax return.\n state tax credit carryforwards $7. million deferred tax assets $6. 1 million. expire 2020 2029.\n state tax carryforwards $1. 8 million $1. 5 million valuation allowance. carryforwards expire 2020 to 2024.\n Non-current deferred tax assets\n Reserve uncollectible accounts $1\n vacation pay deducted\n expenses deferred revenue\n Net operating loss carryforwards\n Pension postretirement obligations 80\n Share-based compensation\n Derivative instruments 5,868\n Financing costs\n Tax credit carryforwards\n194,779 185,612\n (9,158\n deferred 188,099 176,454\n Goodwill intangibles (66,271) (82,992)\n,138\n Property plant equipment (278,712) (267,154\n,126\n taxes"
}
{
    "_id": "d1b3c6594",
    "title": "",
    "text": ". Revenue\n Disaggregation\n disaggregate revenue into similar products services. sales cycle contractual obligations customer requirements-to-market strategies differ economic risk profiles.\n table disaggregation\n.\n 2019 divestiture Service Provider Video Software Solutions). SPVSS $168 million $903 million 2019 2018.\n Infrastructure Platforms core networking technologies switching routing wireless data center data. hardware software build networks automate orchestrate integrate digitize data. shifting business to software subscriptions. hardware perpetual software distinct performance obligations revenue upfront transfer. Term software licenses multiple maintenance revenue. SaaS arrangements distinct performance obligation satisfied over time revenue.\n Applications networking data center platforms. products software licenses SaaS hardware. perpetual software distinct. Term software licenses maintenance revenue.SaaS arrangements performance obligation satisfied over time revenue recognized contract term.\n network cloud email security identity access management threat protection unified threat management products. hardware software licenses SaaS. Updates critical. performance obligation revenue recognized contract term. hardware software revenue recognized upfront transfer control. SaaS obligation satisfied over time.\n Products Service Provider Video Software Solutions cloud system management products. October 28, 2018 sale SPVSS. hardware software licenses. revenue recognized upfront transfer control.\n service support options technical advanced services. Technical satisfied over time revenue. Advanced services revenue delivered.\n sales arrangements customer purchase orders. Cash received 30 days. financing hardware software service. cash received over time.\n July 27, 2019 July 28, 2018 July 29, 2017\n,191,322 $27,817\n Applications\n Security,152\n Products 281 1,168\n 39,709 35,705\n Services,899,300\n $51,904 $49,330,005"
}
{
    "_id": "d1b34dd6a",
    "title": "",
    "text": "table credit agreements\n deferred commitment fee.\n Company repaid $175. million long-term debt 2015 Agreement foreign subsidiaries.\n Ended December 31,\n daily utilization $87,800 $106,189 $268,775\n Interest expense $3,465\n interest rate."
}
{
    "_id": "d1b31a780",
    "title": "",
    "text": "Assets Liabilities Measured Fair Value\n table presents assets liabilities measured fair value\n carrying cash equivalents approximates fair value short maturity.\n non-financial assets liabilities recognized disclosed fair value December 31, 2019 31, 2018.\n Assets\n Cash equivalents\n Money market funds $256,915 $254,552\n Other current assets\n Indemnification - Sale of SSL $598 $2,410\n Liabilities\n Long term liabilities\n - Globalstar do Brasil S. $145 $184"
}
{
    "_id": "d1b3aea0c",
    "title": "",
    "text": "segment changes.\n GTS profit margin increased. 34. 8 percent workforce actions public cloud. cost competitiveness accelerating AI automation Red Ansible platform. Pre-tax income $1,645 million decreased. 6 percent decline revenue profit workforce rebalancing. Pre-tax margin. 8 percent flat 2019 pre-tax margin structural workforce actions.\n 31.\n Services gross profit $9,515 $10,035.\n margin 34. 8%.\n Pre-tax income $1,645 1,781.\n."
}
{
    "_id": "d1b39309a",
    "title": "",
    "text": ". Equity\n stock compensation\n fiscal year August one-time cash-settled stock award vested November 30.\n Restricted stock units $53,766 $84,082 $42,122\n Employee stock purchase plan\n $61,346 $98,511 $48,544"
}
{
    "_id": "d1b310dde",
    "title": "",
    "text": "\n sources April 26, 2019 cash equivalents short-term investments operations commercial paper program credit facility.\n April 26, 2019 April 27, 2018 $3. 7 billion $4. 5 billion foreign subsidiaries U. S. dollar $0. 2 billion $0. 9 billion U. S. TCJA-time tax foreign earnings December 31, 2017 taxes. reviewed cash requirements foreign earnings indefinitely reinvested.\n liquidity requirements working capital business research development capital expenditure technologies debt stock repurchase dividends.\n objectives investment preservation principal liquidity. default risk securities time maturity-parties obligors. cash equivalents short-term investments liquid accessible. deterioration fair value equivalents April 26, 2019.\n investment portfolio exposed market risk. events. exposure sovereign non-sovereign borrowers.planning financing strategies cash. equivalents investments markets credit lines satisfy liquidity requirements working capital expenditures stock repurchases dividends obligations commitments. automatic shelf registration Commission. offer debt equity securities.\n 26, 2019 27, 2018\n Cash equivalents $ 2,325 $ 2,941\n Short-term investments 1,574 2,450\n $ 3,899 $ 5,391"
}
{
    "_id": "d1b3bea42",
    "title": "",
    "text": "June 7, 2019 U. Court Appeals Altera Corp. v. Commissioner upheld. Treasury Department regulations cost-sharing expenses stock compensation economic activity. ruling reversed decision. Tax Court. November 12, 2019 denied rehearing. Company recorded income tax expense $5. 3 million fourth quarter 2019. plaintiff filed certiorari. Supreme Court February 10, 2020 Company developments.\n tax effects temporary differences deferred tax assets\n Company accounts deferred taxes ASC Topic 740. evaluated weighed. evidence. negative evidence losses high seasonal revenue competitive pressures challenging retail environment. Realization deferred tax taxable income future reversal temporary differences operating loss carryforwards tax credit carryforwards. deferred tax assets adjustment taxable income.\nCompany valuation allowance deferred tax assets. December $191. 7 million. tax $52. 9 million foreign deferred tax assets. realizability.\n. federal loss carryforwards $316. 2 million 2032 California $57. 3 million 2032 other states $52. 1 million 2023. federal tax credit carryforwards $22. 6 million 2031 California $45. million Massachusetts $2. 9 million 2028\n Deferred tax assets\n Net operating losses credits $113,475 $61,494\n Fixed assets intangible 61,932 55,476\n Accruals reserves 75,133 53,818\n Stock-based compensation 8,615\n Inventory\n deferred tax assets 264,871 185,999\n (244,581\n 20,290 4,877\ntax\n Accruals reserves (15,525)\n (16,439\n $3,851 $4,317"
}
{
    "_id": "d1b3c0d88",
    "title": "",
    "text": "Cash Flow Hedge Gains\n recognized gains exchange contracts cash flow hedges\n net derivative gains AOCI June 30 2019 earnings 12 months. gains reclassified earnings transactions 2019.\n Ended June 30\n Gains income tax $1 $11 $4 159 219 $ 328\n Gains reclassified revenue\n Excluded Effectiveness Assessment Ineffective Portion\n Losses income"
}
{
    "_id": "d1a72b690",
    "title": "",
    "text": "table summarizes common stock granted vested\n December 31, 2019 $0. 2 million unrecognized compensation cost nonvested common stock. 4. 2 years.\n shares granted 16\n grant-date value stock $29. $28. $30.\n vested $320 $315 $334\n obligation $366 $1"
}
{
    "_id": "d1b31dae8",
    "title": "",
    "text": "unrecognized tax benefits penalties\n September 28, 2019 benefits $63. 9 million $43. 9 million tax rate. reassessed transition tax liability new guidance 2019. adjustments tax benefit $6. million recorded 2019. tax benefit long taxes. interest penalties income. September 28, 2019 interest penalties accrued $5. 8 million long-term taxes. September 29, 2018 accrued $4. 4 million interest penalties Other long-term liabilities.\n Fiscal year-end\n Balance $65,882 $47,566 $20,442\n Increase acquisitions\n Tax positions current year\n Additions 605 19,033 1,326\n Reductions\n prior year\n 448\n Reductions\n Lapses statutes limitations\ntax benefits,217)\n currency (2,114 1,588\n $58,111 $65,882 $47,566"
}
{
    "_id": "d1a71726c",
    "title": "",
    "text": ". Directors Officers Governance\n officers Loral March 12 2020.\n remaining information 2020 proxy statement Annual Report Form 10‐K.\n Position\n Avi Katz 61 President General Counsel Secretary 2012. Senior Vice President.\n John Capogrossi 66 Vice President Chief Financial Officer Treasurer.\n Ravinder. Girgla 56 Vice President Controller. Deputy Controller. Assistant Controller."
}
{
    "_id": "d1b38bc3c",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n deferred tax asset valuation allowance\n Company provides valuation allowances deferred tax assets. future taxable income deferred tax assets.\n Assets\n Operating lease liability $878.\n operating loss carryforwards 356. 264.\n asset retirement obligations 174.\n Stock-based compensation.\n Unearned revenue.\n Unrealized loss foreign currency.\n.\n deductible.\n Liabilities\n Depreciation amortization.\n Right-of-use asset.\n Deferred rent.\n.\n.\n Valuation allowance.\n Net deferred tax liabilities(636.(378"
}
{
    "_id": "d1b31094c",
    "title": "",
    "text": "Restructuring Activities\n December 31, 2019 Company incurred $41. 9 million restructuring $60. 3 million costs. restructuring Reinvent SEE strategy.\n restructuring program initiatives. three-year program approved December 2018. spend elimination stranded costs sale Diversey. completed end 2021.\n approved cumulative restructuring spend $840 to $885 million.\n cost excludes sale property equipment foreign currency impact.\n Remaining spend SEE strategy.\n anticipates $6. 0 million restructuring spend recent acquisitions $2. 3 million incurred December 31, 2019. remainder 2020. Note 5 \"Discontinued Operations Divestitures Acquisitions Financial Statements information.\n Total Restructuring program range Spend Remaining Restructuring\nheadcount reorganization 355 370 (325) 30 45\n expenses 230 245 (196) 49\n 585 615 (521)\n Capital expenditures 255 270 (239)\n cash $ 840 885"
}
{
    "_id": "d1b2fe95e",
    "title": "",
    "text": "Income Taxes\n December 22, 2017 Cuts & Jobs Act” effective Company December 24. tax reform reduced. federal tax rate 35% to 21% one-time transition tax foreign subsidiaries created new taxes foreign earnings. impact taxes Accounting Standards Codification Income Taxes. SEC issued Staff Accounting Bulletin 118 provisional amounts. tax reform. Company recorded estimates 118. December 2018 quarter finalized accounting tax effects. reform. 118 aspects. future regulations. adjust amounts tax accounting ASC 740.\n one-time transition tax unrepatriated foreign earnings $883. 0 million fiscal year June 24, 2018. recorded adjustment $36. 6 million Financial Statements months September 23, 2018. finalized computation transition tax liability December 2018 quarter. final adjustment tax benefit $51.million recorded Financial Statements December 23, 2018. final transition tax $868. 4 million. based post-1986 earnings profits deferred. taxes. accrued deferred taxes. completed calculation-1986 E tax foreign subsidiaries. tax eight years.\n 2019 GILTI. tax reform. taxes foreign earnings. calculated impact included effective tax rate. accounting policy 2018 deferred taxes recorded provisional tax benefit $48. 0 million Financial Statements. December 2018. adjustment tax expense $0. 4 million recorded Statements 2018. final tax benefit $47. 6 million.\n income before taxes\n 30 2019 24 2018 25 2017\n States $(59,876) $128,190 $7,553\n Foreign 3,023,599 1,804,120\n,446,571,151,789,673"
}
{
    "_id": "d1b38a3e6",
    "title": "",
    "text": ".\n December 2019 $11. 6 million (2018 $5. 4 million. prior year $0. 1 million credit adjusting items. 7 million $1. 5 million $5. 2 million. effective tax rate 13. per cent 15. 4 per cent.\n Tax charge income\n tax.\n Foreign.\n underprovided previous years.\n income tax charge.\n Deferred tax\n Recognition deferred tax.\n Reversal temporary differences.\n Adjustments prior.\n deferred tax charge.\n statement 11."
}
{
    "_id": "d1b34b52e",
    "title": "",
    "text": "Warranty Reserves\n reserves warranty costs recorded. return rates. reserves costs. warranty period 15 18 months. costs adjustments.\n reserve warranty costs 2019\n Beginning balance $40,220 $36,149 $15,949\n Additions sales 52,271 58,865 41,365\n Warranty costs (54,538) (51,935) (31,825)\n Accruals 21 14,314\n Adjustments foreign exchange (1,514) (3,038) (3,654)\n Ending balance $36,460 $40,220 $36,149"
}
{
    "_id": "d1a7303b6",
    "title": "",
    "text": "Lives Computer Software Assets Acquired\n gross carrying value December 2019\n Gross carrying value life\n Computer software $9.\n intangible assets\n Client relationships 19.\n Trade names.\n Non-compete agreements.\n 21.\n gross carrying value $30."
}
{
    "_id": "d1b39f4bc",
    "title": "",
    "text": "three levels\n Level 1 Inputs Unadjusted prices in active markets identical assets liabilities accessible by Company\n Level 2 prices markets not active observable\n Level 3 Inputs Unobservable inputs assumptions Company market participants.\n Company’s financial assets liabilities cash accounts payable accrued expenses approximate fair value\n short maturity.\n Transactions related parties arm’s-length\n. Representations transactions imply consummated terms equivalent\n arm’s-length.\n assets fair value measurement based lowest level input. table summary financial instruments measured at fair value as of December 31, 2019.\n Fair Value Measurement\n Carrying Value Level 1 2 3\n Marketable securities\n Derivative warrants liabilities"
}
{
    "_id": "d1b37a3a6",
    "title": "",
    "text": "Proofpoint Inc. Financial Statements share amounts\n share purchase agreement unvested stock options stock units Meta Networks employees canceled exchanged. $184 pre-combination services. $12,918 post-combination services. subject service $12,918 stock-based compensation service.\n unvested shares exchanged $7,827 deferred cash consideration 72 shares common stock fair value $8,599. restricted cash balance sheet December 31, 2019. $7,596 stock $8,338 post-combination expense not included purchase price. subject forfeiture employment terminates value expensed compensation stock-based compensation three-year vesting period.\n Cost to Recreate Method acquired technology asset. cost time profit rate return.\n table fair values assets liabilities intangible assets goodwill\nvalue\n assets $356\n Fixed assets\n technology 21,000\n Deferred tax\n liabilities (671)\n Goodwill 85,869\n $104,768"
}
{
    "_id": "d1b336944",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n consolidated financial statements\n years December 31, 2017 2018 2019\n amounts U. S. Dollars except\n. Earnings(losses) per share\n profit dividend Preference Shares average shares.\n Diluted EPS profit(loss adjusted dilutive shares.\n Group excluded 2,630,173 SARs,162 RSUs diluted EPS December 31, 2019 anti-dilutive 31, 2018: 555,453 SARs 0 RSUs 2017: 998,502 SARs 0 RSUs.\n December\n 2017 2018 2019\n Basic earnings/(loss) per share\n 15,506 47,683 (100,661\n Dividends Preference Shares\n Profit/(loss owners 5,442 37,620 (110,724)\nshares 80,622,788 80,792,837 80,849,818\n earnings. 07. 47.\n earnings\n Profit 5,442 37,620 (110,724)\n 80,622,788 80,792,837 80,849,818\n shares 643,342,185 \n 81,266,130 81,637,022 80,849,818\n earnings(loss share. 46."
}
{
    "_id": "d1b37c6ce",
    "title": "",
    "text": ". Quarterly Financial Data\n 2018 recorded $2. 3 million $80. 8 million settlement antitrust claims. Tax Cuts Jobs Act 2017 enacted. deferred tax liabilities impacted results $35. million. fourth quarter tax benefit $8. million.\n Fiscal Year 2019\n Net sales $340,583 $356,040 $383,993 $280,572\n Gross profit 57,128 70,535 82,441 12\n income Cal-Maine Foods. 39 (19\n share\n.\n.\n Fiscal Year 2018\n Fourth\n Net sales $262,845 $361,172 $435,820 $443,095\n Gross profit 17,336 82,396 120,098\n-Maine Foods.(15,993) (26,136) 96,294 71,767\n Net income per share\n. 33. 54.\n. 54."
}
{
    "_id": "d1b370248",
    "title": "",
    "text": "FLNG\n revenues May 31, 2018 Hilli accepted commenced operations. generated $127. 6 million revenues services December 31, 2018.\n Vessel operating expenses.\n Project development expenses non-capitalized legal professional consultancy costs. increase engineering consultation design costs Gimi GTA project.\n Depreciation Hilli depreciation commenced second quarter 2018.\n gains gain oil derivative instrument. gain $26. 7 million unrealized fair value loss $10. 0 million oil increased price Brent Crude. 2017. unrealized fair value gain $15. 1 million.\n offset $1. 3 million write off conversion costs Gandria. wrote off $12. 7 million trading balance.\n Equity net losses net losses. 2018 Schlumberger OneLNG FLNG projects.activity reduced December 31, 2018 value investment $nil.\n 2018 2017\n operating revenues 127,625\n Vessel operating expenses (26,317) 1,315,750%\n Voyage (1,363 1,026%\n Administrative expenses\n Project development expenses (16,526) 559%\n Depreciation amortization (28,193)\n operating gains 2,749\n Operating income 58,150 442%\n Equity net losses (2,047)"
}
{
    "_id": "d1b3b7da0",
    "title": "",
    "text": ". Trade receivables\n rental goods services. non payments not quoted active market. collection expected year current. non-current.\n allowance expected credit losses estimate receivables not recoverable. 30 June 2019 recognised loss provision AASB 9 Financial Instruments. recognises loss allowance credit losses.\n assesses historical credit loss experience factors. 30 June 2018 recognised provision trade receivables investment properties risks recoverability.\n Trade receivables 3,770 3,054\n Allowance expected credit losses\n 3,635\n Other receivables 4,223\n,880\n 19,738 15,152\n Non-current\n current non-current 19,856 15,753"
}
{
    "_id": "d1b3381ea",
    "title": "",
    "text": "Accounts Receivable Allowance Doubtful Accounts\n due. allowance doubtful accounts losses payments.\n payment levels experience. customer-specific. credit evaluations allowance.\n Uncollectible accounts removed charged against collection unsuccessful. activity December 31, 2019 2018 2017:\n 2017\n Balance $4,421 $6,667 $2,813\n Provision charged expense 9,347 8,793 7,072\n Write-offs recoveries (9,219) (11,039) (6,516)\n Acquired allowance doubtful accounts 3,298\n Balance end year $4,549 $4,421 $6,667"
}
{
    "_id": "d1b3aae3e",
    "title": "",
    "text": "purchase warrants\n 2019 Brookfield Transaction Teekay held 15. 5 million unit warrants Altera 2017 1,755,000 warrants Series D Units 2016. 2019 Teekay sold Brookfield interests Altera Brookfield Transaction Warrants Series D Warrants.\n Changes fair value December 31, 2019 2018 Brookfield Transaction Warrants Series D Warrants\n December\n value 30,749\n acquisition/issuance\n Unrealized gain earnings\n loss (25,559\n Settlements (13,367\n end year 12,026"
}
{
    "_id": "d1b3970fa",
    "title": "",
    "text": ". SHAREHOLDERS’ EQUITY\n 2017 offering 40,000,000 shares increased equity $103. million.\n 2018 Annual General Meeting capital $1. million $3. 6 million.\n issued 5,260,968 shares proceeds $17. 9 million.\n Balance January 1 2017 180,000,000 101,969,666\n December 31, 180,000,000 141,969,666\n December 31, 2018 360,000,000 141,969,666\n December 31, 2019 147,230,634"
}
{
    "_id": "d1b34ecb0",
    "title": "",
    "text": "income tax charged operations income\n Prior year balances deferred tax assets liabilities recast federal state taxes deferred tax\n Ended December 31,\n 2019 2018\n Income tax\n operations $(10. $9. $26.\n Accumulated income (loss."
}
{
    "_id": "d1b319fd8",
    "title": "",
    "text": "ANG revenues compressed natural gas.\n December 2019. Congress passed alternative fuel tax credit. retroactive 2018 extends 2020.\n extends $0. 50 per gallon fuel credit Alternative Fuel Vehicle Refueling Property Credit 30 percent$30,000 tax credit. Net revenue after 2019 $10. million.\n Bipartisan Budget Act 2018 AFTC revenue fuel collected second quarter 2018. Net revenue after rebates $2. 6 million.\n revenue by type\n Volume-related.\n Maintenance services.\n revenue contracts.\n incentives.\n Alternative fuel tax credit.\n revenue.\n Energy segment revenue $."
}
{
    "_id": "d1b356758",
    "title": "",
    "text": "Revenue Market table revenues market\n ASC 606 January 1 2018 amounts prior 2018 adjusted distributor sales deferral revenue.\n Revenues distributors 52% 42% 34% net revenue years 2019 2018 2017.\n Connected home $152,674 $207,336 $288,610\n 48% 54% 69%\n Infrastructure 85,369 82,388 71,779\n 27% 21%\n Industrial multi-market 79,137 95,273 59,929\n 25%\n revenue $317,180 $384,997 $420,318"
}
{
    "_id": "d1b388e88",
    "title": "",
    "text": "\n $156. 8 million loss $320. 7 million assets liabilities $3. 3 million non adjustments $167. 2 million. $21. 3 million accounts receivable sales $18. 5 million inventories $22. 9 million lease liabilities $40. 7 million increase accounts payable accrued liabilities rebates promotional activities $15. 1 million decrease prepaid expenses $4. million increase deferred revenue. increased 74 lower collections. $167. 2 million non-cash adjustments stock-based compensation $77. 7 million depreciation amortization $62. 8 million non-cash lease expense $19. 2 million.\n Net cash $156. 8 million $113. 2 million 2018 $134. 9 million increase loss $126. million assets liabilities.2 million income tax refund 2018 accounts receivable inventories $9. 1 million non-cash adjustments loss.\n Cash Flows\n $25. 8 million maturities sales $414. 7 million purchases $347. 6 million purchases $36. 5 million $2. 2 million holdback payments $2. 6 million.\n $17. 5 million maturities sales $443. 6 million purchases $353. 9 million purchases property equipment $52. 9 million $13. 6 million holdback payments $5. 6 million.\n businesses. additional funds.\n Flows Financing Activities\n $8. 4 million $18. 2 million taxes common stock $2. 7 million financing lease payments offset $13. 0 million stock options purchases 2015 Employee Purchase Plan.\n Ended December\ncash\n Operating(156,832) $113,207,241\n Investing 25,761 17,496\n Financing\n(139,477 $131,990 $40,158"
}
{
    "_id": "d1a7244a8",
    "title": "",
    "text": "R&D\n TCS Innovation Labs India. certified Pune Chennai Bengaluru Delhi Hyderabad Kolkata Mumbai.\n Expenditure R&D 2019\n Expenditure R&D Unconsolidated\n. Capital\n. Recurring 303 295 306 298\n. Total R&D expenditure 305 295 308\n. Innovation center expenditure 1,285 1,079 1,352\n. R&D expenditure 1,590 1,374 1,660 1\n. turnover. 3%."
}
{
    "_id": "d1b3bae6a",
    "title": "",
    "text": "Operations\n table revenue items statements\n Impact inflation product price changes revenue income 2019 2018 2017.\n Years\n Statements Operations\n Revenue 100%\n Cost revenue 43%\n Gross profit 57%\n Operating expenses\n Research development 120% 79%\n Selling general administrative 86%\n Loss operations (149)% (108)\n Interest expense\n Loss taxes (150)%\n Provision income taxes\n Net loss (151)%"
}
{
    "_id": "d1b30b2c6",
    "title": "",
    "text": "Value Financial Instruments\n table summarizes financial assets liabilities fair value\n non-current\n accrued expenses\n April 26, 2019\n Fair Value Measurements Reporting Date\n 1 2\n Cash $ 2,216\n Corporate bonds 1,353\n. Treasury government debt securities 213\n Certificates deposit 117\n cash equivalents short-term investments $ 3,899 2,347 1,552\n Mutual funds $ 6\n $ 29\n Foreign currency exchange contracts assets $\n liabilities"
}
{
    "_id": "d1b360230",
    "title": "",
    "text": "Sales Marketing Expense\n increased $22. 6 million 2018 2017. due $20. million employee costs compensation 215 286. remaining increase $1. 8 million trade show advertising costs $0. 8 million office expenses. adoption ASC 606 commission expense.\n Ended December 31,\n 2017\n Sales marketing $ 69,608 $ 46,998 22,610.\n revenue 47% 45%"
}
{
    "_id": "d1b382074",
    "title": "",
    "text": "Deferred income taxes reflect differences assets liabilities.\n evidence deferred tax assets. August 29, 2019 30, 2018 valuation allowance $277 million $228 million against deferred tax assets operating loss carryforwards Japan. Changes 2019 tax credits losses.\n Deferred tax assets\n Net operating loss tax credit carryforwards $1,045 $1,417\n Accrued salaries wages benefits\n Property plant equipment\n deferred tax assets 1,357 1,695\n Less valuation allowance\n 1,080 1,467\n liabilities\n Product process technology\n plant equipment\n Net deferred tax assets $833 $1,019\n $837 $1,022\n $833 $1,019"
}
{
    "_id": "d1b349c42",
    "title": "",
    "text": "income increased SEK 2. billion. excluding improved SEK 2. 4. billion reversal impairment trade receivables 2019. billion higher gross margin.\n 6. 3% excluding restructuring charges.\n Restructuring charges SEK. billion.\n 3% (4% Group net sales.\n 49% ownership MediaKind.\n decreased –19% 51% divestment MediaKind. increased 14% growth iconectiv.\n declined 51% divestment MediaKind. offset lower restructuring charges.\n income\n impacted SEK. billion US SEC DOJ investigations refund social security costs. billion.\n billion wind-down ST-Ericsson legal structure.\n improved growth. Red Bee Media income improved. Media Solutions income 51% divestment capital gain.\n billion 2019 2018\n operating income.\nEmerging Business costs.\n SEC DOJ\n settlement costs.\n ST-Ericsson wind-down.\n refund social security costs Sweden."
}
{
    "_id": "d1b396c7c",
    "title": "",
    "text": "2021\n August 6 2018 performance three July 1 2018. target value.\n 2018. 11 Annual Report Form 10-K.\n Performance Restricted Share Units Stock Options\n Mark J. Barrenechea $2,815,000 $1,407,500 $5,630,000\n Madhu Ranganathan $500,000 $250,000\n Muhi Majzoub $550,000 $275,000\n Gordon A. Davies $500,000 $250,000\n Simon Harrison $218,750 $109,375 $437,500"
}
{
    "_id": "d1b3c33a8",
    "title": "",
    "text": "Return Invested Capital Economic Return. financial model business strategy ROIC goal 500 points over cost capital Return. focus Economic Return goal 5. 0% shareholder value cash revenue growth rate 12. 0%. ROIC Return non-GAAP financial measures.\n management goals decision making insight financial performance. long capital requirements. ROIC performance criteria compensation incentives Return performance.\n ROIC tax-effected operating income before restructuring divided invested capital five-quarter. equity plus debt less cash equivalents. financial performance.\n review calculation WACC annually. 9. 0% 2019 9. 5% 2018. ROIC WACC value shareholders. 2019 ROIC 13. 1% Economic Return 4. 1% cost capital 9. 0% 2018 ROIC 16. 1% Economic Return 6. 6% cost capital 9. 5%.\nROIC Economic Return operating income financial statements GAAP Exhibit 99. annual report Form 10-K.\n ROIC Economic Return periods\n Adjusted operating income $120. $118.\n Average invested capital 923. $735.\n After-tax ROIC 13.\n.\n Economic Return."
}
{
    "_id": "d1b3ac036",
    "title": "",
    "text": "CASH FLOW STATEMENT1\n Abridged. complete consolidated financial statements.\n million 2017/18 2018/19\n operating activities 766 796\n 139 157\n 905 953\n −292 46\n −89 −136\n −381 −90\n 474\n 50 21\n 524  863\n −587 −1,122\n −74 −109\n −661 −1,231\n cash flows −137 −368\n Currency effects cash equivalents −30 17\n change −167 −351"
}
{
    "_id": "d1b3a3490",
    "title": "",
    "text": ". Cash equivalents\n majority cash bank deposits money market funds three months short-term liquidity requirements.\n Cash equivalents deposits short-term investments convertible cash insignificant risk value. Assets money market funds measured fair value gains losses net profit. equivalents measured amortised cost.\n level 1 classification.\n balances amortised cost approximates fair value.\n equivalents €1,381 million €1,449 countries repay third party liabilities.\n Cash bank hand 2,434 2,197\n Repurchase agreements bank deposits\n Money market 9,007 2,477\n equivalents position 13,637 4,674\n Bank overdrafts\n discontinued operations\n flows 13,605 5,394"
}
{
    "_id": "d1b2f98f0",
    "title": "",
    "text": "Greenhouse gas emissions\n Companies Act 2006, Sophos Greenhouse Gas emissions. calculated 31 March 2019. Greenhouse Gas Protocol Corporate Standard UK conversion factor guidance.\n operations GHG electricity gas business travel vehicles. data capture direct information. estimates developed reporting. revised data.\n GHG reporting capabilities. intensity ratio ‘tonnes CO2 equivalent per million dollars strategic growth ambitions.\n environmentally friendly HQ\n commissioned greening study headquarters Abingdon Oxfordshire. environmental health wellbeing performance practice competitors.\n performance management. future improvement. best practice environmental sustainability growth aspirations objectives.\n standards environmental performance health wellbeing global technology headquarters.\n Year-ended 31 March 2019 March 2018 31 March 2017\n tCO2e\nCombustion gas vehicles 220. 320. 251.\n Electricity consumption offices 4,487. 4,681.\n Business travel 3,260. 5,117. 4,510.\n 7,969. 9,444.\n 10. 12."
}
{
    "_id": "d1b3acad6",
    "title": "",
    "text": "December 31, 2019 annual payments obligations\n finance lease obligations.\n interest rate swaps margins constant loan debt priced one LIBOR rate mandatory debt repayments no refinancing maturity.\n commitment fees revolving credit rating agencies fees.\n Payments\n 2021-2022 2023-2024\n $1,554. $80. $184. $1,290.\n Interest debt 171. 54. 102\n processing maintenance commitments 103.\n lease payments 27.\n.\n $1,861. $193. $346. $1,321."
}
{
    "_id": "d1b359674",
    "title": "",
    "text": ". Income Taxes\n before\n April 26, 2019 27, 2018\n Domestic $ 678 589\n Foreign\n $ 1,268 1,199 621"
}
{
    "_id": "d1b336c6e",
    "title": "",
    "text": "Net Income Per Share computed Cubic by common shares including vested RSUs.\n income diluted EPS by common equivalent shares. shares dilutive RSUs. calculated average share price treasury stock method. RSUs performance-based vesting no common equivalent shares EPS until performance criteria. performance market-based vesting dilutive stock units calculated treasury stock method modified multiplier calculated end. multiplier RSUs performance market-based vesting Note 16.\n net loss Cubic common equivalent shares not included diluted EPS anti-dilutive.\n weighted-average shares net income per share\n Years Ended September 30,\n shares basic 30,495 27,229 27,106\n dilutive securities\n diluted 30,606 27,351 27,106\nanti-dilutive securities"
}
{
    "_id": "d1b37188c",
    "title": "",
    "text": "Property Plant Equipment\n lives buildings improvements rental property twenty-five years. furniture equipment three eight years. Depreciation operations $1. 5 million $1. 2 million 2019 2018.\n Company leases headquarters tenants. rent. 3 million. 4 million 2019 2018.\n Land $199\n Building improvements\n Rental property 2,749\n Software\n Furniture equipment 11,755\n Construction\n depreciation\n"
}
{
    "_id": "d1b321580",
    "title": "",
    "text": "Patents Intangible Assets\n Company owns licenses patents. costs maintaining expensed.\n Finjan Blue Patent Assignment Support Agreement IBM August 24, 2017. Finjan Blue acquired IBM patents security sector. patents amortized four-year term.\n May 15, 2018 Finjan Blue second agreement IBM 2018 Patent Assignment. acquired 56 IBM patents security sector. terms confidential. patents amortized five years.\n triggering events impairment change.\n intangible assets\n Amortization expense years December 31, 2019 2018 2017 approximately $2. 0 million $1. 8 million $0. 8 million.\n December Patents $26,069\n accumulated amortization\n Intangible assets net $3,552 $5,507"
}
{
    "_id": "d1b395eee",
    "title": "",
    "text": ". PENSIONS\n. pension cost represents contributions. charge income 2019 2018 2017 $2. 4 million $1. 9 million $1. 7 million.\n two plans closed cover employees. Benefits years service compensation. costs Projected Unit Credit Cost method. funded. assets fixed income equity funds. two plans closed. Benefits years service compensation. Projected Unit Credit Cost method. funded. fixed income equity funds.\n December 31 measurement date.\n benefit costs\n income administrative expenses operating expenses.\n estimated net loss amortized December 31, 2019 $0. 8 million (2018 $1. 4 million.\n Service cost 162\n Interest cost 1,740\n Expected return on assets (375) (926)\n Recognized actuarial loss 777\n Net periodic benefit cost 2,304 2,403 2,553"
}
{
    "_id": "d1b33ae9a",
    "title": "",
    "text": ".\n Ended December31\n Domestic. $38,672 $6,971 $9,662\n Foreign 47,251 49,946 71,645\n $85,923 $56,917 $81,307"
}
{
    "_id": "d1b2fcf50",
    "title": "",
    "text": "MARKET RISK\n risk loss interest rates foreign exchange financial instruments. exposed risks.\n variable rate debt swaps foreign exchange transactions manage risks. reviewed board stockholders’ meeting. treasury operations internal audit. hold issue derivative financial instruments.\n export sales U. S. dollars. dollar accounts US$626 million December 31, 2019. Japanese Yen,266 million Renminbi RMB¥710 million. dollar Japanese Renminbi accounts US$128 million,193 million RMB¥262 million.\n market risk exposures interest rate exchange rate movements foreign currency capital expenditures equipment purchased Europe Japan United States.\n table December 2019 market risk sensitive financial instruments.\n millions\n Deposits Non-Trading Purpose 62,320\nLoans 12,015\n Bonds 38,781\n-term Loans 33,902"
}
{
    "_id": "d1b38b516",
    "title": "",
    "text": "origination delinquency write-off experience monitored credit quality indicators device receivables service plans. collection efforts based behavioral-scoring models.\n assess variables origination characteristics history payment patterns. accounts grouped risk collection strategy.\n Collection performance credit quality monitored aging. delinquent unpaid charges remaining due date.\n December 31, 2019 2018 balance aging receivables\n Unbilled $ 22,827 $ 24,282\n Billed\n 1,286 1,465\n Past due\n receivables gross $ 24,349 $ 26,018"
}
{
    "_id": "d1b3a9c50",
    "title": "",
    "text": "Transactions with Golar Power\n months 2019 2018 2017\n Debt guarantee compensation Golar Power debt guarantees.\n Balances due Golar Power Receivables unpaid management fees advisory administrative services. invoice. settled quarterly. Balances unsecured interest-free settled. December 2019 loaned $7. million Golar Power interest LIBOR plus 5. 0%. loan repaid December 2019.\n 2018\n Management administrative services revenue 5,904 6,167 5,711\n Ship management fees 1,210 1,400\n Debt guarantee compensation 693 861 775\n Total 7,805 8,181 7,445"
}
{
    "_id": "d1b322700",
    "title": "",
    "text": "Stock repurchases\n March 15 2019 extended repurchase June 30, 2020 increased common stock $60 million.\n 2018 2017\n January 1 $6,620 $34,892 $39,385\n Authorizations $60,000 $27,003\n Repurchases $(21,136)(55,275)(4,493)\n December 31, $45,484 $34,892"
}
{
    "_id": "d1a71b272",
    "title": "",
    "text": "gains. RMB3,630 million fourth quarter 2019 non-IFRS adjustment fair value gains valuations social media FinTech.\n Selling marketing expenses. increased 17% RMB6,712 million 2019. driven marketing spending FinTech cloud services smart phone games digital content Supercell. expenses decreased 6% 2019 from 7% 2018.\n administrative expenses. increased 41% RMB16,002 million. due R&D expenses staff costs Supercell. increased 15% 13% 2018.\n Finance costs. increased 102% RMB2,767 million. driven interest expenses higher indebtedness.\n/profit ventures. RMB1,328 million 2019 profit RMB16 million 2018. change due non-cash value changes investment portfolios.\n Income tax expense. increased 12% RMB2,137 million.\n Profit equity holders.Profit equity holders increased 52% RMB21,582 million fourth quarter 2019. Non-IFRS profit 29% RMB25,484 million.\n figures\n Revenues 105,767 84,896\n (59,659) (49,744\n Gross profit 46,108 35,152\n Interest income 1,580 1,350\n gains 3,630\n Selling marketing expenses (6,712)\n General administrative expenses\n Operating profit 28,604 17,288\n Finance costs (2,767\n ventures\n Profit income tax 24,509\n tax expense\n Profit 22,372 14,026\n Equity holders 21,582 14,229\n Non-controlling interests\n Non-IFRS profit 25,484"
}
{
    "_id": "d1b31c378",
    "title": "",
    "text": ". Stocks\n. Finished goods 2018 £2. million deferred costs reclassified prepayments note 1 details.\n no stock write-downs reversals prior.\n No stock carried fair value less costs sell.\n Work progress.\n Finished.\n."
}
{
    "_id": "d1b39887e",
    "title": "",
    "text": "December 31, 2019 US$8. 3 billion senior notes debentures hedged debt derivatives.\n long-term debt reflects hedged exchange rate interest rate.\n IFRS 9 RCI accounted 100% debt derivatives dollar debt. 100% dollar senior notes debentures hedged.\n Borrowings long-term short-term securitization programs.\n millions\n dollar-denominated long-term debt US$ 8,300 6\n Hedged debt derivatives\n.\n.\n borrowings fixed rates\n $ 17,496 $ 15,320\n 87. 2%. 3%\n average interest rate borrowings. 30%. 45%\n term maturity. 1 years 10. 7"
}
{
    "_id": "d1b3a9782",
    "title": "",
    "text": ". ACCOUNTS RECEIVABLE\n multinational semiconductor manufacturers. losses evaluations.\n receivable\n 154,607 171,866\n <30 days 8,802 19,977\n 31-60 days 2,258\n 61-120 days 3,507 1,599\n >120 4,276\n 173,450 199,535"
}
{
    "_id": "d1b36dd36",
    "title": "",
    "text": "\n 2013 Equity Incentive Plan shares 8,462\n Employee stock options 10,455\n 2014 Stock Purchase Plan 10,085 5,365\n shares 29,002 27,382"
}
{
    "_id": "d1b2e34ec",
    "title": "",
    "text": "\n Company estimates employee share options Black-Scholes option-pricing model subjective estimates assumptions. estimates “Simplified Method. average vesting tranches contractual life grant.\n risk-free interest rate based treasury instrument consistent life share option. no public market ordinary shares determined volatility peer.\n volatility average historical volatility measures. uses expected dividend rate zero no history dividends ordinary shares. fair value shares based on closing market value grant date.\n estimated Black-Scholes option-pricing model weighted-average assumptions\n per share fair value options 2019 2018 2017 $16. 48 $11. 12 $8. 65 per share.\n Expected term years 6.\n Risk-free interest rate 2. 7%. 2%.\n Expected volatility 41. 5%. 8%.\ndividend yield\n grant share $37. $26. $20."
}
{
    "_id": "d1b34befc",
    "title": "",
    "text": "Company sells products to distributors equipment manufacturers performs credit evaluations collateral letters credit. operations outside U. S. assembly test facilities Thailand sales support design centers foreign countries. Domestic operations for design development wafer fabrication production planning shipping commitments. Thailand assembly test facility reimbursed value added foreign sales offices receive compensation sales. sales profits assembly test foreign sales office operations. long assets property plant equipment amortization by area\n Sales to unaffiliated customers outside U. S. Asia Europe 80% 2019 85% 84% 2018 2017. Europe 23% 24%. Asia 52% 58%. sales China 22% 30% 32%. Taiwan 13% 11%. Sales other foreign country exceed 10% net sales three years.\nArrow Electronics largest distributor 10% sales no 10% 2019. 2018 2017 no 10%.\n United States $521. $393.\n Thailand 209. 215.\n countries 266. 159.\n long-lived assets $996. $767."
}
{
    "_id": "d1a73a852",
    "title": "",
    "text": "Trade Accounts Receivable\n Company’s accounts\n Included “Receivables Consolidated Balance Sheets.\n “Deferred charges.\n noncurrent trade accounts from contracts renewal provisions multi-year arrangements. contracts renewal revenue recognized up-front obligations payments received renewal. Renewals bi-annual annual two to five years. contracts multi-year three-year terms invoiced annually. Company records receivable revenue unconditional right to invoice receive payment.\n timing revenue recognition differs invoicing payment contracts significant financing component. consideration renewal variable future events. multi-year arrangements minimal difference consideration received cash selling price discounts driven by volume short duration insignificant interest. primary purpose invoicing terms simplified products not financing.\n December 31,\n$375,136 $335,377\n 26,496\n $401,632 $351,325"
}
{
    "_id": "d1b36d21e",
    "title": "",
    "text": ".\n 2018/19 METRO IFRS 15 Contracts.\n categories\n 2018/2019\n Store 22,585 22,487\n Germany 4,128 4,075\n Western Europe. 8,885\n 2,406\n Eastern Europe. 5,986\n Asia 1,074\n Delivery 4,207 4,595\n Western Europe. 1,704 1,867\n 257\n Eastern Europe. 1,059 1,205\n Asia\n 26,792 27,082\n Germany 4,761 4,735\n. 10,609,752\n Russia 2,815 2,662\n Eastern Europe. 6,952 7,191\n Asia 1,612\n"
}
{
    "_id": "d1b36d638",
    "title": "",
    "text": "CAPITAL\n cash equivalents increased $93,628 June 30 2019 $31,440 2018. acquisition Ensenta higher repayment debt.\n cash\n increased 5%. debt dividends stock capital expenditures.\n Net income $271,885 $365,034\n Non-cash expenses 180,987 87,906\n receivables,777\n deferred revenue 23,656\n assets liabilities\n cash $431,128 $412,142"
}
{
    "_id": "d1b3b362e",
    "title": "",
    "text": "Receivables\n receivables losses receivables\n Includes deferred costs eliminated results.\n receivables reserved. percent December 31, 2019. percent 2018. decline write $64 million net releases $7 million lower asset balances. Receivables information.\n December 31\n Recorded investment $22,446 $31,182\n allowance credit losses 177\n Unallocated\n 221\n Net receivables $22,224 $30,890"
}
{
    "_id": "d1b2ef814",
    "title": "",
    "text": "Benefit Cost\n table 2019 2018 2017\n September 1, 2018 adopted accounting standard Consolidated Statements. service cost. Prior periods reclassified.\n Service cost $1,437 $1,063 $1,068\n Interest cost 3,715 3,807 2,942\n long-term return assets (5,291) (5,954) (4,206\n actuarial loss 741 1,127 1,929\n Amortization service credit\n settlement loss 634 1,472\n benefit cost $1,192 $3,067"
}
{
    "_id": "d1b305416",
    "title": "",
    "text": "Forma\n unaudited information AutoGuide January 1 2018 MiR January 1 2017. results not indicative\n results December 31, 2019 $1. 2 million AutoGuide costs $0. 1 million non expense adjustment.\n 2018 $1. 2 million AutoGuide costs. 4 million non-recurring expense.\n $2. 9 million MiR costs $0. 4 million MiR non-recurring expense adjustment.\n December 31, 2019 2018\n Revenues $2,303,737 $2,111,373\n Net income $464,602 $442,082\n per common share\n.\n."
}
{
    "_id": "d1b386f48",
    "title": "",
    "text": "2019 Performance Target Payout 0% to 200%, based Adjusted EBITDA Run Rate target 2018 to.\n Determined dividing.\n Linear interpolation EBITDA Rate performance threshold target maximum percentage award earned.\n Performance Level Adjusted EBITDA Run Payout % Target\n Maximum ≥ 2. 8% 200%\n Target. 100%\n Threshold. 50%\n Below Threshold < (2. 8)%"
}
{
    "_id": "d1b3106f4",
    "title": "",
    "text": "fair value option grant estimated Black-Scholes pricing model\n employee stock options $4. 63 $2. 58 per share 2019 2018.\n expected life determined method ASC 718. volatility historical data. estimate forfeitures forfeited options December 31, 2019.\n stock price volatility 92. 34%. 26%\n Risk-free interest rate. 09%. 73%\n life term. 14 years.\n dividends 0%"
}
{
    "_id": "d1b32522a",
    "title": "",
    "text": "Changes Estimates Contracts\n cost-to-cost recognized contracts combination adjustment acquisition.\n impact diluted EPS Leidos stockholders calculated Company statutory tax rate.\n January 3, 2020 December 28, 2018 December 29, 2017\n Favorable impact $95 $167 $185\n Unfavorable impact (52) (62)\n favorable impact taxes $43 $105 $103\n Impact diluted EPS Leidos stockholders."
}
{
    "_id": "d1b33fcf6",
    "title": "",
    "text": "Reconciliation Bookings\n table reconciles bookings revenue GAAP\n deferred revenue gains losses hedging foreign currencies.\n December\n Bookings millions\n revenue $2,988. $2,660. $2,231. $1,847. $1,607.\n deferred 180. 163. 214. 165.\n refunds 233. 192. 170. 137.\n.\n bookings $3,401. $3,011. $2,618. $2,155. $1,914."
}
{
    "_id": "d1b352f68",
    "title": "",
    "text": "calculation TCE. table reconciles revenues daily TCE\n commission expenses less charterhire expenses $nil $12. 4 million 2019 2018 2017 Golar Grand voyage expenses Hilli Episeyo $0. 5 million $1. 4 million $nil 2019 2018 2017.\n calculate vessel operating costs calendar days. exclude undergoing conversion.\n Years Ended December\n 2017 2016\n.\n Total operating revenues 448,750 430,604 143,537 80,257 102,674\n Liquefaction services revenue (218,096) (127,625)\n Vessel management fees (21,888) (24,209) (26,576)\n Net voyage charter revenues 208,766 278,770 116,961 66,032 90,127\nVoyage commission expenses,381 (104,463) (48,933) (25,291) (23,434\n 174,307 68,028,741\n off-hire\n TCE 44 43,700 14,900"
}
{
    "_id": "d1b2e86a4",
    "title": "",
    "text": "reconciliation federal income tax rate Consolidated Statements 2019 2018\n tax rate 2019 lower U. Tax Cuts Jobs Act. Company reasserted undistributed earnings foreign subsidiaries $10. 5 million benefit. included tax dividends. reduction offset GILTI Reform. impact includes deduction foreign tax credits. period cost. tax rate 2018 higher expenses Tax Reform.\n $1. 9 million increase valuation allowance losses AMER EMEA offset expiration net operating losses.\n 2018 $32. 9 million reduction allowance $9. 7 million. federal tax rate change 35% to 21% $21. million carryforward credits net operating losses repatriation undistributed foreign earnings $3. 6 million release. valuation allowance. income. offset by $1. 4 million increase foreign valuation allowances EMEA.\n2017 Company recorded $14. million addition valuation allowance losses AMER EMEA.\n Federal statutory income tax rate 21. 24. 5 % 35.\n Foreign tax rate differences (21. (30\n Withholding tax dividends. 23\n differences.\n Excess tax benefits share-based compensation.\n low-taxed income 11.\n repatriation tax.\n Non-deductible compensation.\n Valuation allowances.\n changes.\n.\n income tax rate 13. 8 % 87. 9 %."
}
{
    "_id": "d1b3c50d6",
    "title": "",
    "text": "2019 gross margin decreased 130 38. 7%. 0% 2018 price pressure increased unsaturation charges offset improved manufacturing efficiencies product mix currency effects. Unused capacity charges $65 million margin 70.\n 2018 margin improved 80. 0%. 2% 2017 manufacturing efficiencies product mix offset price unfavorable currency. unused capacity charges negligible.\n Ended\n Cost sales $(5,860).\n Gross profit $3,696 $3.\n Gross margin revenues 38. 7% 40. 39. 2%"
}
{
    "_id": "d1b323d94",
    "title": "",
    "text": "Trade payables\n Recognition measurement\n recorded future payments purchases period. unsecured paid 30 days. current liabilities unless due 12 months. recognised fair value measured amortised cost interest.\n values\n short-term carrying amount same fair value.\n Risk Exposure\n majority Australian dollars significant risks. note 15 financial risk management policies.\n 2019 2018\n Trade payables 44,840 27,640\n capital expenditure\n expenses 2,848\n Other creditors 3,117\n Total payables 56,646 34,409"
}
{
    "_id": "d1b353b48",
    "title": "",
    "text": "Goodwill intangible assets\n disclosure tables.\n Customer relationships amortised economic lives. balances Thermocoax £32. 6m. amortisation 14. 3 years.\n Brand names trademark assets amortised lives. Chromalox £114. 1m. Gestra £28. 4m. Thermocoax £13. 6m. periods 17. 5 12. 3 19.\n Manufacturing designs technology amortised lives. balances Chromalox £12. Gestra. Aflex. 5m. amortisation 12. 5 Chromalox. 3 Gestra 10 Aflex.\n Non-compete undertakings amortised lives. no material items.\n Customer relationships Brand names trademarks Manufacturing designs technology acquired intangibles\n 1st January 2019.320. 6\n (3. (13\n 54. 179. 53. 19. 306.\n 34. 14. 7 60.\n 31st December 2019 89. 193. 61. 23.\n Amortisation 1st January 2019 25. 21. 14. 15. 76.\n.\n 23. 20 13. 14. 72.\n 7. 10. 5 26.\n 31st December 2019 30. 30 19. 18. 99.\n 31st December 2019 58. 163. 41. 4 267."
}
{
    "_id": "d1b2ff4b2",
    "title": "",
    "text": ". PRINCIPAL ACCOUNTANT FEES SERVICES\n Deloitte LLP independent audited annual financial statements years 2018 2019.\n chart total amount billed accrued services 2018 2019 category service. fees principal accountant approved pre policies procedures.\n Audit Fees\n compensation services consolidated financial statements Company subsidiary companies quarterly financial information registration statements consents comfort letters services SEC regulatory filings\n fees 2018 $0. 2 million public offerings. 2019 $0. 2 million equity bond transactions.\n Tax\n No.\n Audit-Related Fees\n.\n Other\n.\n millions. Dollars\n Audit fees $1. $1\n Total fees."
}
{
    "_id": "d1b361c98",
    "title": "",
    "text": "2018 Acquisition\n Wombat Security Technologies.\n February 28, 2018 acquired shares Wombat Security Technologies. leader phishing simulation security training. PhishAlarm phishing campaigns visibility Proofpoint Nexus platform.\n customers leverage threat protection phishing simulation training.\n use real phishing attacks simulations investigate phishing quarantine emails lock accounts train simulated phishing attacks.\n expects savings corporate overhead costs. purchase price estimated fair value acquired assets goodwill recorded.\n Proofpoint, Inc. Consolidated Financial Statements share amounts\n Wombat Acquisition Date consideration transferred $225,366 cash $13,452.\n unvested stock options Wombat employees canceled paid price. fair value $1,580 unvested options pre-combination service.value unvested options $1,571 post-combination services expensed March 2018. merger 51 shares common stock deferred employees $5,458 not included purchase price. deferred shares subject forfeiture expensed stock compensation.\n values liabilities intangible assets goodwill\n Current assets $23,344\n Fixed assets 954\n Customer relationships 37,800\n Order backlog 6\n technology 35,200\n Deferred revenue\n tax liability\n Other liabilities\n Goodwill 162,865\n $238,818"
}
{
    "_id": "d1b3796e0",
    "title": "",
    "text": "GasLog. Subsidiaries\n consolidated financial statements\n 2017 2018 2019\n. Dollars\n. Administrative Expenses\n Employee costs restructuring $3,975 Piraeus.\n December\n Employee costs 18,789 20,980 24,863\n Share-based compensation 4,565 5,216\n Other expenses 16,496 15,797 17,415\n 39,850 41,993 47,385"
}
{
    "_id": "d1b340070",
    "title": "",
    "text": "lease payments\n commitments land buildings sale leaseback 2001. Leases 13 years rentals fixed 13 years.\n no contingent liabilities guarantees 31 March 2018 no material losses anticipated. insurance cover major risks property legal liabilities. group carries risks.\n 31 March 2019 2018\n 600\n 2020 755 550\n 2021 513\n 2022\n 2023\n 2024\n 3,557\n future lease payments 6,597"
}
{
    "_id": "d1b36b34c",
    "title": "",
    "text": "6. DIRECTORS SENIOR MANAGEMENT\n.\n positions directors management. elected annually holds office until successor. Officers elected vote Board. directors. elected annually successor.\n biographical information. March 6, 2020 Andreas Ove Ugland director Vice Chairman Audit Committee Chairman passed. member Board Directors since 1997.\n Herbjørn Hansson M. B. Norwegian School Economics Business Administration Harvard Business School. 1974 Norwegian Shipowners’ Association. Chief Economist Research Manager INTERTANKO 70% tanker fleet. Chief Financial Officer Kosmos/Anders Jahre. 1989. founded Ugland Nordic Shipping specialized shuttle tankers. served Chairman Chief Executive Officer 1993 to 2001 sold Teekay Shipping Corporation $780. 0 million.Teekay Vice Chairman full-time September 1 2004. founder Chairman Chief Executive since 1995. member governing bodies shipping insurance banking manufacturing agencies associations. Norwegian English German French.\n Workman director November 2019. Hermitage Offshore Services. Class A Director December 2013. Chief Operating Officer Supervisory Board Stork Technical Services sale RBG Offshore Services STS 2011. 30 years experience offshore drilling management. exploration production service. North Sea. Imperial College London 1983 Masters Petroleum Engineering Drilling/Production Operations Engineer BP. Hamilton Brothers Oil Gas floating. 1993 Kerr McGee operations manager Gryphon FPSO moored. 1996. Atlantic Floating Production management contractor John Fredriksen Northern Producer Petroleum Banff FPF. 2003,.Workman Tuscan Energy Argyll Field. Chief Executive Officer STS.\n Richard. Vietor director July 2007. Paul Whiton Cherrington Professor Business Administration teaches regulation business international political economy. Professor 1984. Virginia Polytechnic Institute University Missouri. B. economics Union College 1967 M. history Hofstra University 1971 Ph. D. University Pittsburgh 1975.\n Alexander Hansson director November 2019. investor investments listed privately companies. son Chairman network shipping finance. operated shipping offices London Monaco. studied EBS Regents College.\n Kelly director June 2010. Time Inc. magazine publisher 1978. Foreign Editor Deputy Managing Editor 1996. managing editor four National awards. EMMA ABC News Series. 2006,. managing editor. 2,000 journalists. consultant Bloomberg Princeton Columbia Universities. member Audit Committee 2012.Chairman Audit Committee.\n Giaever Chief Financial Officer Secretary October 16 2017. 20 years experience shipping offshore corporate finance equity research. Fearnley Securities partner director Corporate Finance. 2006 2010,. senior advisor John Fredriksen. Shipping Analyst DNB Markets partner Inge Steensland gas maritime. BSc business economics.\n Herbjørn Hansson Chairman\n Workman\n.\n Vice Chairman\n Giaever Chief Financial Officer"
}
{
    "_id": "d1b3c172e",
    "title": "",
    "text": "future lease payments finance leases January 31, 2020\n lease liabilities 2020 excluded $361 million.\n Finance Leases\n 2021 $138\n 2022\n 2023\n 2024\n 2025\n future lease payments 1,134 68\n Imputed interest\n lease $855 $59"
}
{
    "_id": "d1b3085c6",
    "title": "",
    "text": "common shares not direct investment pension funds include shares. not total pension fund assets.\n funding policy contributions laws customs countries discretionary contributions. expect minimum contributions $42 million $26 million non. pension plans fiscal 2020. voluntary contributions.\n fiscal 2019 benefit payments future service\n paid\n Non.\n millions\n 2020 82\n 2021\n 2022\n 2023\n 2024\n 2025-2029"
}
{
    "_id": "d1b30252c",
    "title": "",
    "text": "Sales Marketing Expense\n increased $18. 1 million 2019 2018. due $15. 5 million employee costs compensation headcount 286 345. remaining increase $1. 2 million trade advertising $1. million office expenses.\n Ended December 31,\n Sales marketing $ 87,731 $ 69,608 $ 18,123.\n revenue 44%"
}
{
    "_id": "d1b30ba96",
    "title": "",
    "text": "Restructuring charges incurred £386m 2016/17 leaver costs. cost transformation programme integration EE £23m BT Pension Scheme transition payments.\n EE integration costs EE restructuring leaver costs. 2016/17 £62m amortisation write-off IT assets EE BT infrastructure. EE activities combined restructuring programme.\n regulatory matters net charge £27m regulatory matters. compensation payments providers March 2017 findings. £31m revenue offset £4m operating costs.\n Pension equalisation costs £26m high court requirement pension benefits.\n Property rationalisation costs £36m rationalisation property portfolio reassessment lease-end obligations.\n Italian business investigation released £(55)m provisions settlement Italian business.\nInterest expense retirement benefit obligation incurred £139m 2016/17 209m interest costs defined benefit pension obligations. note 20. Tax specific items credit £112m recognised specific items.\n. acquisition warranty claims settlements Deutsche Telekom Orange warranty claims 2015 EE acquisition agreement. settlement specific item charge £225m.\n. items\n 31 March\n Revenue\n Italian business investigation\n regulatory matters\n Operating costs\n acquisition warranty claims\n Restructuring charges\n integration costs\n Property rationalisation costs\n Pension equalisation costs\n irrecoverable VAT\n Profit (loss disposal businesses\n Operating loss\n Net finance expense\n Interest expense retirement benefit obligation\n irrecoverable VAT\n139 218 210\n tax 564 828 1,178\n credit (112) (154)\n re-measurement deferred tax\n (217)\n tax 452 741"
}
{
    "_id": "d1b2e8d98",
    "title": "",
    "text": "2018\n sales $7. 94 billion 2018 increase 1%.\n Grocery & Snacks sales $3. 29 billion increase $78. 2 million 2% 2017. 2% excluding acquisitions. promotional intensity discontinuation lower-performing products inventory reductions distribution lower-margin. Price mix flat mix improvements pricing investments marketing. acquisition Angie's Artisan Treats contributed $68. 1 million. Frontera acquisition $8. 6 million Thanasi $66. 5 million. Frontera 2016 April 2017.\n Refrigerated & Frozen net sales $2. 75 billion increase $100. 3 million 4% 2017. 3% increase volume acquisitions. increase brand renovation innovation launches. Price/mix flat marketing. Sandwich Bros. contributed $21. 3 million sales. Frontera acquisition innovation contributed $4.million 2018 acquisition.\n International net sales $843. 5 million increase $27. 5 million 3% 2017. 3% decrease volume 3% increase foreign exchange rates 3% increase price/mix. volume decrease lower margin products promotional intensity. increase price/mix pricing trade productivity.\n Foodservice net sales 2018 $1. 05 billion decrease $23. 5 million 2% 2017. 11% decrease volume increase price/mix. decrease exiting non-core business discontinuation lower-performing businesses categories. increase price/mix favorable product customer mix inflation increases pricing value volume strategy.\n divested Spicetec JM Swank businesses. no net sales. net sales $71. 1 million.\n 2018 Net Sales 2017\n Grocery Snacks $3,287.\n Refrigerated Frozen.\n International.\nFoodservice 1,054. 1,078.\n Commercial 71.\n $7,938."
}
{
    "_id": "d1a73ca80",
    "title": "",
    "text": ". Party Transactions\n management compensation\n directors management.\n Compensation\n Fiscal Year Ended June 30\n.\n Short-term compensation benefits $3,835 $2,991 $2,860\n Post-employment benefits\n Share-based payments\n $21,088 $12,425 $28,990\n Board directors\n Cash remuneration $430 $362\n Share-based payments 1,772\n $2 $1,939"
}
{
    "_id": "d1b39e53a",
    "title": "",
    "text": "Defined Benefit Pension Plans\n funded status difference between fair value projected benefit obligation adjustment loss. overfunded asset underfunded liability. changes status reflected unrecognized pension items stockholders’ deficit. unamortized pension items recorded net tax.\n amortized actuarial gains losses over future working lifetime. corridor method greater ten percent projected benefit obligation value year end. gains losses exceed corridor no amortization.\n 2017 pension plans transferred sale Diversey. Two international plans split between Diversey Sealed Air. tables show activity plans retained Sealed Air.\n net periodic benefit cost three years pension plans\n inventory 2019 2018 2017 not material.\n benefit cost\n. included in cost.\n. in selling administrative expenses.3. 5 5. 6\n. benefit (4. 4). (6\n benefit cost. 5. 1."
}
{
    "_id": "d1b3a8bde",
    "title": "",
    "text": "deferred tax assets liabilities\n acquisitions. income goodwill.\n financial tax rates laws.\n Deferred tax assets\n Accrued employee benefits $ 11,409 $ 8,285\n loss contingencies 3,561\n Deferred compensation 3,071\n Intangible assets\n Inventory valuation\n Long-term contracts 6,995\n Prepaid expenses\n Retirement benefits 4,967\n Tax credit carryforwards\n Loss carryforwards 36,248\n deferred tax assets 110,039\n Valuation allowance (69\n deferred tax assets 40,941 10,628\n Debt obligation basis difference\n Deferred revenue (12,135\n Intangible assets (18,592\n Property plant equipment\n Unremitted earnings (977\n(587)\n deferred tax liabilities,397 (8,604\n 2,024"
}
{
    "_id": "d1b3a781a",
    "title": "",
    "text": "net sales EMEA 2019 2018\n flat 5% down $3. 6 million 2019. hardware declined 5% software services up 2% 7%.\n Lower networking solutions higher devices. Higher software.\n Higher cloud increased software referral fees. increase Insight services.\n EMEA\n Sales Mix 2019 2018 %Change\n Hardware $622,949 $653,499\n Software 753,729 736,509 2%\n Services 149,966 140,233 7%\n $1,526,644 $1,530,241"
}
{
    "_id": "d1b36dc82",
    "title": "",
    "text": "Environmental Performance key environmental indicators Reporting Appendix 27 Listing Rules. data covers Tencent’s office buildings data centres Mainland China. Emissions. Office Buildings\n emissions GHG electricity fossil.\n GHG inventory includes carbon methane nitrous oxide. 31 December 2019 carbon equivalent calculated Baseline Emission Factors Regional Power Grids IPCC Guidelines National Greenhouse Gas\n Diesel consumed backup power generators.\n Hazardous waste toner cartridge ink cartridge printing equipment. suppliers. Mainland China.\n Non-hazardous waste domestic non-hazardous waste. property management kitchen waste recycling vendors estimation Domestic Discharge Coefficients. Non-hazardous waste centralised disposal vendors buildings.\n lead-acid accumulators.lead-acid accumulators disposed recycling vendors.\n Non-hazardous waste servers hard drives. recycled vendors. centres.\n year 31 December\n GHG emissions 1 2) 113,501. 50 102,831.\n Direct GHG emissions 3,785. 86 2,554.\n Gasoline.\n Diesel.\n Natural gas 3,577. 74 2,352.\n Indirect GHG emissions 2) 109,715. 64 100,277. 43\n Purchased electricity.\n GHG emissions employee.\n emissions floor area.\n Hazardous waste.\n.\n Non-hazardous waste 5,227. 4,566.\n."
}
{
    "_id": "d1b3abdac",
    "title": "",
    "text": "granted 100% market value stock. vest 3 to 5 years expire 10 years. Company recorded $32. $23. $18. 3 compensation expense options 2019 2018 2017 expenses.\n estimates value Black-Scholes option valuation model. stock volatility measured weighted historical daily price changes stock. term. risk-free rate based U. S. Treasury yield curve. weighted-average fair value options 2019 2018 2017 calculated assumptions\n fair value$ 68. 57. 75.\n Risk-free interest rate 2. 37.\n option life (years 5. 42.\n Expected volatility (%) 19. 22.\n Expected dividend yield. 58."
}
{
    "_id": "d1b310ef6",
    "title": "",
    "text": "Financial risk management\n Credit risk\n cash equivalents trade receivables.\n security deposits\n Australian banks minimum ‘BBB+’. institutions.\n credit quality assessed external credit ratings counterparty default rates\n NEXTDC long rating Standard & Poor’s July 2019.\n CASH BANK\n 398,999 417,982\n SECURITY DEPOSITS\n 8 4"
}
{
    "_id": "d1b3258ce",
    "title": "",
    "text": "Acquisitions divestments\n 2019 Ericsson negative cash flow SEK 1,815 (1,220) million. acquisitions not material.\n Kathrein October 2, 2019 acquired assets Kathrein antenna filter technologies 4,000 employees. strong R&D IPR portfolio. competence advanced radio network products. Kathrein negative impact SEK –0. 5 billion –1 percentage point Networks operating margin. preliminary.\n CSF August 20, 2019 acquired 100% shares CSF Holdings. US technology company 25 employees. growth messaging Toll-Free Number management.\n ST-Ericsson Ericsson ST Microelectronics 50/50 ownership. December 2019 Company remaining shares two entities SEK –0. 3 billion. Company owns 100% shares.\n information.balances preliminary\n adjustments capital tax decisions local authorities.\n Acquisition-related costs consolidated income statement.\n Acquisitions 2017–2019\n cash 1,957 1,314 62\n assets acquired\n Cash equivalents\n Property plant equipment\n Intangible assets 481\n Investments associates\n assets 1,357 254\n Provisions. post-employment benefits\n liabilities\n net assets 1,605 403\n Costs income\n Goodwill\n 1,957 1,314\n Acquisition-related costs"
}
{
    "_id": "d1b3b6eb4",
    "title": "",
    "text": "income Transportation Solutions segment decreased $352 million 2019 2018.\n decreased lower volume unfavorable product mix price erosion offset lower material costs.\n millions\n Acquisition-related charges\n costs $ 17 $ 8\n amortization value adjustments\n Restructuring charges\n $ 175 $"
}
{
    "_id": "d1b304548",
    "title": "",
    "text": "BENEFIT OBLIGATION PLAN ASSETS PENSION BENEFIT PLANS\n vested benefit obligation defined-benefit pension plan actuarial value benefits separation retirement.\n projected benefit obligation 35%. 65% outside. December 28, 2019.\n fair value plan assets 55%. 45% outside.\n accumulated loss before tax 35%. 65% outside.\n Changes gains losses driven discount rate movement. corridor approach amortize gains losses. gains losses 10% amortized straight-line.\n 2019 29,\n Changes projected benefit obligation\n $3,433 $3,842\n Service cost\n Interest cost\n Actuarial loss\n Currency exchange rate changes\n Plan curtailments\n settlements\n Changes fair value assets\n return\n Employer contributions\n Currency exchange rate changes\nsettlements\n 2,654\n funded $1,630 $882\n Consolidated Balance Sheets\n liabilities $1,630 $1,126\n loss $1,730 $1,038"
}
{
    "_id": "d1b3444a4",
    "title": "",
    "text": "Unrecognized deferred tax assets\n volatile semi-conductor equipment industry. probable future taxable profit offset deductible differences.\n R&D credits Arizona. ASMI recognize credits prior years utilized. R&D activity credits benefit credits prior.\n Gross amount Tax effect\n Deductible temporary differences 20,642 4,842\n 15,221\n Unrecognized deferred tax assets 35,863 20,063"
}
{
    "_id": "d1b3a4c0a",
    "title": "",
    "text": "\n December 31, 2019 48,866,220 2,431,174. 49,318,898,496-end 2018. cancellation 5 million treasury shares July 950,000 repurchased 498,000 payments.\n January\n 62,297,394\n 6,157,241,496\n,140,153 49,318,898\n Changes Cancellation 6,000,000\n buybacks 7,242,734 950,902\n 421,479 498,224\n December 31\n 56,297,394,297,394\n 6,978,496 2,431,174\n 49,318,898,866"
}
{
    "_id": "d1b39398c",
    "title": "",
    "text": "CODM evaluates Adjusted Earnings Interest Taxes Depreciation Amortization measure performance. income taxes depreciation amortization stock-based compensation adjustments. adjustments.\n assets segment resources facilities\n long-lived assets outside United States.\n Ended February 28,\n Net income $18,398 $16,617\n Investment income (5,258)\n Interest expense 16,726\n Income tax (1,330,681\n Depreciation amortization 20,016\n Stock-based compensation 11,029,298\n Impairment loss equity loss 6,787\n Loss extinguishment debt 2,033\n Acquisition integration expenses\n Non-recurring legal expenses reversal litigation\n (11,020\n Gain legal Settlement (18,333\nRestructuring\n,339\n EBITDA,215 $52,382,368"
}
{
    "_id": "d1b314178",
    "title": "",
    "text": "Pension\n Managing Board members contributions BSAV € 5. 6 million. 4 Supervisory Board decision November 7. € 0. 02 million. pension commitments.\n cost € 5. 4 million.\n Contributions added pension accounts. credited annual interest January 1. interest rate 0. 90%.\n table contributions defined benefit obligations\n Managing Board dependents received emoluments Section 314. Commercial Code € 21. 09 million (2018 € 39. 9 million.\n defined obligation September 30, 2019 €175. 7 million (2018. 2 million. NOTE 17.\n Deferred compensation € 4,125,612 € 3,703,123 Joe Kaeser,494 Klaus Helmrich 60,995. Ralf. Thomas.\nbenefits Lisa Davis. unsecured obligation payout assets.\n pension commitments excluding deferred compensation\n Board September 30\n Joe Kaeser 1,234,800 1,210,440 14,299,267 12,970,960\n. Roland Busch,233 5,121,226\n Lisa Davis 5,701,811,322,537\n Klaus Helmrich 6,473,904 5,714,522\n Janina Kugel 2,674,432 2,157,427\n Cedrik Neike 2,349,895 1,757,258\n Michael Sen 1,862,660 1,239,785\n. Ralf. Thomas 6,184,498 5,235,121\n 5,444,040 45,617,700 39,518,836"
}
{
    "_id": "d1a7411b6",
    "title": "",
    "text": "2019 Plan Compensation Committee set non-equity incentive target amounts compensation cap percentages weights plan NEOs. cap NEOs.\n Messrs Richard Robert Bruce Leeds participate compensation.\n Mr. Reinhold left Systemax Chief Executive Officer January 2019 2019 NEO Plan.\n Name Target$ Cap Net Sales Adjusted Operating Income Strategic Objectives Corporate Governance Business Unit/Individual Objectives\n Barry Litwin 1,113,750 \n Thomas Clark 225,000 150\n Robert Dooley 615,000 150\n Eric Lerner 300,900 150\n Manoj Shetty 241,535 150"
}
{
    "_id": "d1b3873a8",
    "title": "",
    "text": ". Inventories\n grow flocks pullets breeders. flock June 1 2019. 4 million pullets breeders 36. million layers.\n Flocks amortization $105,536 $96,594\n Eggs 14,318\n Feed supplies 52,383\n $172,237 $168,644"
}
{
    "_id": "d1b32c3fe",
    "title": "",
    "text": "\n increase Semiconductor Test revenues $60. 2 million 4% 2018 2019 5G service revenue offset automotive analog test.\n increase Industrial Automation revenues $36. 6 million 14% demand collaborative robots. MiR acquisition April 2018.\n increase System Test revenues $71. 4 million 33% Storage Test. Defense/Aerospace test Production Board Test 5G demand.\n increase Wireless Test revenues $25. 3 million 19% higher demand millimeter wave cellular test wireless standards 5G lower connectivity test.\n Semiconductor Test $1,552.\n Industrial Automation.\n System Test.\n Wireless Test.\n Corporate Other.\n $2,295."
}
{
    "_id": "d1a722c66",
    "title": "",
    "text": "Net Revenue Gross Profit\n revenue decreased $26. 7 million to $149. 5 million December 31, 2019 $176. 2 million 2018. driven lower sales. gross profit due lower revenue product mix.\n profit percentage product mix selling prices manufacturing costs.\n December\n net revenue $149,495 $176,223\n 47%\n Gross profit 167,685 208,774\n 53%"
}
{
    "_id": "d1b37b562",
    "title": "",
    "text": "\n November 2018 acquired SmartRG. home platforms cloud services. business combination. included financial results statements. Subscriber Solutions Experience Network Solutions Services Support.\n Contingent liabilities $1. 2 million recognized SmartRG revenue EBIT purchase order milestones 2019. recognized gain $1. 2 million reversal second quarter 2019.\n escrow $2. 8 million capital settlements indemnity obligations. subject arbitration. December 2019 $1. 3 million. released final settlement fourth quarter 2020. remaining to $1. 5 million.\n recorded goodwill $3. 5 million excess purchase price fair value assets liabilities. assessed valuation procedures.\n March 19, 2018 acquired Sumitomo Electric Lightwave. North EPON business technology license OEM supply agreement Sumitomo Electric Industries.acquisition establishes ADTRAN North American leader EPON solutions adoption open scalable architectures. combination. financial results statements. Access Aggregation Subscriber Solutions Experience Network Solutions.\n bargain purchase gain $11. 3 million first quarter 2018 net taxes subject adjustments. $11. million difference fair-value assets cash paid. SEI leader EPON. Broadband Networks Division operated North American EPON business sales marketing. North EPON market Tier 1 cable operators. divested EPON assets relationship ADTRAN. transfer relationships low expenses technology license OEM supply agreement resulted gain. assessed assets liabilities valuation procedures appropriate. gain included bargain purchase 2018 Consolidated Statements Income.\nallocation purchase price SmartRG\n Sumitomo SmartRG\n Tangible assets $1,006 $8,594\n Intangible assets 22,100 9,960\n Goodwill 3,476\n assets acquired 23,106\n Liabilities\n Assumed (3,978)\n net assets 19,128 16,029\n Gain bargain purchase net tax (11,322)\n purchase price $7,806 $16,029"
}
{
    "_id": "d1b392abe",
    "title": "",
    "text": "Compensation\n 2018 2017\n options restricted stock awards units purchases. 2019 $31. 6 million. 2 million options $29. 1 million restricted stock awards $2. 3 million purchases. 2018 $31. million. 4 million options $28. million restricted stock awards units $2. 6 million purchases. increase higher restricted stock unit grants.\n Research development costs $14,643 $13,168\n Selling administrative 16,911\n compensation expense $31,554"
}
{
    "_id": "d1b2f3bda",
    "title": "",
    "text": "origination delinquency write-off experience monitored credit quality indicators device payment plan receivables service plans. collection efforts based behavioral-scoring models.\n assess variables origination characteristics history payment patterns. accounts grouped risk category collection strategy.\n Collection performance credit quality monitored aging. delinquent unpaid charges remaining due date.\n December 31, 2019 2018 balance aging receivables\n Unbilled $ 12,403 $ 11,485\n Billed\n Past due\n receivables gross $ 13,480 $ 12,335"
}
{
    "_id": "d1b3b4c2c",
    "title": "",
    "text": "Audit Fees annual audit Financial statutory audit subsidiaries consultations accounting. comfort letters audits strategic transactions.\n-related employee benefit plans due diligence acquisitions agreed procedures.\n Tax Fees tax compliance returns consultations expatriate tax compliance.\n 2018\n Audit Fees\n Statutory Audit Certification Financial Statements 4,105,000 95. 2% 4,556,500 96. 3%\n Audit-Related Fees 209,005 4. 8% 173,934 3. 7%\n Non-audit Fees\n 4,314,005. 0% 4,730,434"
}
{
    "_id": "d1b356bf4",
    "title": "",
    "text": "Debt EBITDA\n EBITDA Level 3 acquisition colocation data center sale January 1.\n Gross Debt $35,039 36,352 38,053\n equivalents\n Net debt $33,349 35,864\n EBITDA items $9,070 9,040\n Debt Adjusted EBITDA."
}
{
    "_id": "d1b35c86a",
    "title": "",
    "text": "Contract Assets Liabilities\n rights consideration for services not billed reporting. rights unconditional performance obligations billing occurs arrears within month services rendered.\n expects one year or less.\n liabilities to advance consideration unconditional from customers revenue recognized obligation transferred customer.\n contract assets liabilities from contracts.\n increase contract assets balance due to $203 million revenue not billed offset by $193 million assets 2018 invoiced transferred trade receivables.\n decrease liability balance due to $326 million advance consideration offset by $337 million revenue December 31, 2018.\n Year December\n assets $218 $210\n liabilities $346 $359"
}
{
    "_id": "d1b33a4fe",
    "title": "",
    "text": "revenues operating results affected by theatrical releases television syndication agreements amortization policy first 12 months. timing. theaters attendance school holidays national holidays festivals. dates cricket events production schedules. holidays Diwali Eid Christmas July December Premier League cricket season April May. Tamil New Year January March releases.\n quarterly results vary not indicative. revenue operating results seasonal releases catalogue revenues.\n June 30 September December March 31, 2019\n Revenue 60,212 63,425 76,744 69,745\n financing 6,410 8,837 9,917 9,303\n Gross Revenue 66,622 72,262 86,661 79,048"
}
{
    "_id": "d1b363cfa",
    "title": "",
    "text": "Intangible Assets\n technologies relationships trade names patents user lists amortization. Consolidated Balance Sheet. amortized over life two to ten years. $33. 5 million 2019 $36. million 2018 $72. 2 million 2017.\n amortization January 31\n Included. foreign currency translation.\n Developed technologies $670. $578.\n Customer relationships trade names patents user lists 533. 372\n intangible assets 1,203. 951.\n accumulated amortization.\n $280. $55."
}
{
    "_id": "d1a7218e8",
    "title": "",
    "text": "\n 2019 increased $444. 8 million. 7 percent sales from $382. 3 million. 2018. Excluding surcharge revenue gross margin 22. 9 percent 21. 3 percent 2018. improved product mix capacity gains operating cost reductions. $11. 4 million benefit insurance recovery third quarter.\n surcharge mechanism raw material costs. surcharge profit margin. dilutive impact margin. removing impact surcharge.-GAAP Financial Measures”.\n Net sales $2,380. $2,157.\n surcharge revenue.\n sales excluding surcharge $1,942. $1.\n profit $444.\n margin 18. 7%.\n excluding surcharge revenue 22. 9%. 3%"
}
{
    "_id": "d1b34a598",
    "title": "",
    "text": ". Operating costs\n wireless devices equipment network content payments carriers.\n Labour costs wages salaries taxes benefits post-employment outsourcing\n marketing advertising sales debt taxes IT fees rent\n costs declined. 5% 2019 reduced Bell Media. 5% Bell Wireless Wireline stable. IFRS 16 2019.\n Bell Wireless (5,300).\n Bell Wireline (6,942).\n Bell Media (2,367) (2,428.\n Inter-segment eliminations.\n operating costs (13,858) (13,933)."
}
{
    "_id": "d1b3aa4de",
    "title": "",
    "text": "income taxes\n U. S. multinational company. jurisdictions. international earnings subsidiaries Ireland Singapore. higher tax favorably lower. change earnings difficult predict.\n increase effective tax rate 2019 due one-time benefits 2017 Tax Act. increases tax expense valuation allowance capital losses tax benefit.\n Fiscal Year\n Income operations before income taxes $108  $437\n Provision income taxes $92 $(690)\n Effective tax rate income operations 85%"
}
{
    "_id": "d1b2f783e",
    "title": "",
    "text": "Inventories\n manufacture Restaurant/Retail.\n December 31, 2018 write-downs $9. 6 million. 8 million Restaurant inventories service parts.\n Finished Goods $8,320 $12,472\n Component parts 6,768\n Service parts 4\n $19,326 $22,737"
}
{
    "_id": "d1b326030",
    "title": "",
    "text": "Pension Benefit Payments\n 2020 $8,027 $1,237\n 2021 8\n,785 1,258\n 10,558 1,098\n 2025-2029 59,665 6"
}
{
    "_id": "d1b3386b8",
    "title": "",
    "text": ". PROFIT\n Fiscal 2018 restated IFRS 15 accounting policy Cogeco Peer 1 discontinued operations. consult policies operations sections.\n non-controlling interest 21% Atlantic Broadband results Caisse Québec MetroCast acquisition January 4 2018.\n Fiscal 2019 profit decreased 7. 2% 9. 4% $94 million income tax reduction depreciation amortization MetroCast acquisition higher adjusted EBITDA financial expense integration restructuring acquisition costs.\n Fiscal 2019 profit increased 20. 0% 18. 4% profit discontinued operations $75. 4 million sale Cogeco Peer 1 loss $24. 4 million year.\n Years August 31, 2019 2018\n Profit operations 356,908 384,578.\n Profit year 432,288 360,197.\nCorporation 339,973 375,214 (9.\n 415,353 350,833 18.\n non-controlling 16,935 9,364 80.\n earnings 6. 89 7. 61.\n 8. 41 7. 12 18."
}
{
    "_id": "d1b3416dc",
    "title": "",
    "text": ". Property Plant Equipment\n Depreciation expense $51. 7 million $51. 1 million $48. 8 million 2019 2018 2017.\n Company maintains insurance property damage business interruption. recoveries recognized income contingencies. Gains income. operating investing cash flows. Insurance claims 2019 2018 2017 financial statements.\n 2019 2018\n Land improvements $93,046 $90,757\n Buildings 370,451 360,030\n Machinery equipment 496,166 478,997\n Construction-in-progress 52,551\n 1,012,214 939,091\n accumulated depreciation 555,920 513,707\n $456,294 $425,384"
}
{
    "_id": "d1b2ed62c",
    "title": "",
    "text": ". Accrued Expenses\n Contract liabilities $511,329\n Deferred income 691,365\n compensation benefits 600,907 570\n securitization 475,251\n expenses 1,402,657\n $2,990,144,262"
}
{
    "_id": "d1b3a7ae0",
    "title": "",
    "text": "income\n December 31\n 2018 $0. 5 million adjustment value Brink Acquisition. 2019 2018 net loss rental contracts $1. million. 9 million.\n December 31\n Foreign currency loss $(83) $(258)\n Rental loss-net\n Gain sale real estate\n Fair value adjustment\n $(1,503)"
}
{
    "_id": "d1b3b0ad2",
    "title": "",
    "text": "sales segment industry\n revised.\n millions\n Transportation Solutions\n Automotive 5,686 6,092\n Commercial transportation 1,221 1,280\n Sensors\n 8,290 7,039\n Industrial Solutions\n equipment 1,949 1,987 1,747\n Aerospace defense oil gas 1,306 1,157 1,075\n Energy\n 3,954 3,856 3,507\n Communications Solutions\n Data devices 993 1,068\n Appliances\n 1,673 1,842\n 13,448"
}
{
    "_id": "d1b387c0e",
    "title": "",
    "text": ". Segment Information\n Company operates two segments subsidiaries\n FEI-NY operates New York precision time frequency control products communication satellites. terrestrial cellular stations components. military.\n includes FEI-Elcom FEI-Asia. FEI Asia manufacturing facility minimal sales outside customers. Elcom provides design technical support.\n (2) FEI-Zyfer operates California products Global Positioning System (GPS secure communications government locator applications. sales support wireline telecommunications family US5G.\n measures performance revenues profits. segments reflect management business.\n accounting policies same “Summary Accounting Policies. performance allocates resources operating profit taxes. acquired assets included in segments.\ntable 2019 2018 consolidated\n Net revenues\n FEI-NY $38,096 $26,936\n FEI-Zyfer 12 15,272\n intersegment revenues\n Consolidated revenues $49,509 39,407\n Operating loss\n FEI-NY $(4,429 (15,097)\n FEI-Zyfer 3\n $(2,817 (12,395\n assets\n FEI-NY. $54,295 55,181\n FEI-Zyfer 10\n intersegment receivables\n $86,771 $ 83,584\n Depreciation amortization\n FEI-NY $2,695 2,355\n FEI-Zyfer\n $2,802"
}
{
    "_id": "d1b3a1c8a",
    "title": "",
    "text": "Accounts Receivable\n debt expense 2019 2017. 7 million. 1 million. 6 million.\n December\n receivable $69,767 $41,818\n doubtful accounts\n $68,642 $41,107"
}
{
    "_id": "d1b315bcc",
    "title": "",
    "text": "\n assets $157,164,000 2019 $163,937,000 2018.\n assets 18% $75,460,000. cash technology iMoney. asset $25,626,000 increased 16%.\n Non-current assets 2% $150,607,000 writeoffs Home Loans Goodwill impairment. $88,452,000 increased sales volume partner mix.\n liabilities decreased 20% $34,555,000 payments suppliers balances.\n Non-current liabilities increased 9% $34,348,000. lease deferred tax.\n PERFORMANCE\n assets 75,460 91,457 (18%)\n Non-current 150,607 147,234 2%\n 226,067 238 (5%\n liabilities 34,555 (20%)\n Non-current 34,348\n assets 157,164 163,937\n"
}
{
    "_id": "d1a73b248",
    "title": "",
    "text": "Research Development Expense\n increased $8. 7 million 2019 2018. $5. 4 million employee costs stock-based compensation increased headcount 229 252 $1. 3 million hosting software $0. 4 million office. $6. 5 million $7. 7 million 2018 expense $1. 2 million 2018.\n Ended December 31,\n 2018\n development $ 50,024 $ 41,305 8,719.\n revenue 25% 28%"
}
{
    "_id": "d1b37b828",
    "title": "",
    "text": "table presents federal state operating loss tax credit\n future taxable income\n March 31, 2019 U. S. subsidiaries in Brazil France Germany Israel Japan Mexico Korea had loss tax credit\n $263,836. likelihood realizing future tax benefits losses\n in Brazil Israel China Korea income\n.\n valuation allowances deferred tax assets. decreased $(12 increased $317 $6,812\n March 2017 2018 2019 losses\n foreign currency exchange rates\n decrease 2017 due reversal $5,530 future\n utilization NOLs $15,878 Japanese subsidiary. tax benefits expire eight years after\n not annual utilization limitations. benefits\n profitability expire. increase valuation\n March 31, 2019 due $3,124 Ethertronics acquisition $1,763 capital\n losses at AVX Corporation.\ndecrease valuation allowance March 2017 due reversal $5,530 future utilization NOLs $15,878 Japanese subsidiary. tax benefits expire eight years not annual limitations. tax benefits Japanese profitability expire. increase valuation allowance March 31, 2019 $3,124 Ethertronics acquisition $1,763 capital section 1231 losses AVX Corporation.\n Income taxes $55,642 $66,354 $75,640 March 2017 2018 2019\n operating loss $14,440\n 11,895\n Foreign 178,784\n 25\n State 3,279\n Federal tax credit carryforwards 17,373\n Foreign tax credit 4,187\n State 8,086"
}
{
    "_id": "d1b316e00",
    "title": "",
    "text": "Supplemental Balance Sheets Statements Operations\n Fiscal year March 31, 2018 ASC 606.\n Accounts receivable\n $176,715 $166,459\n doubtful accounts\n debit\n Returns reserves\n Rebates reserves\n Price protection reserves\n Accounts receivable $154,059 $146,561"
}
{
    "_id": "d1b381278",
    "title": "",
    "text": "Capital reserve reserves earnings\n CECONOMY AG 12 July 2017 METRO AG IFRS 10. statements METRO Wholesale Food Specialist GROUP IPO METRO AG. residual assets liabilities MWFS. demerger METRO independent. equity subdivided. subscribed capital €363 million reserve €6,118 million METRO AG Annual Financial Statements 30 September 2017. transfer equity assets. remaining negative reclassified reserves earnings.\n Reserves\n Previous year gains/losses remeasuring financial instruments.\n Adjustment.\n 30/9/2018 30/9/2019\n gains/losses cash flow hedges\n Equity debt\n Currency translation differences\n Remeasurement defined benefit pension plans\n Income tax income\n reserves retained from earnings\n,778"
}
{
    "_id": "d1a73ec0e",
    "title": "",
    "text": ". Investments Rabbi Trust\n mutual funds 66% equity 34% debt December 31, 2019. Net investment income\n Ended December 31,\n 2018\n gains securities $143 $195\n Dividend interest income\n unrealized gains 1,817\n $2,379 $1,619"
}
{
    "_id": "d1b3aa344",
    "title": "",
    "text": "Fees Paid Independent Public Accounting Firm\n table fees audit KPMG fiscal years 2017 2018.\n Audit Fees financial statements Annual Report Form 10-K accountants.\n Audit-Related Fees assurance\n. accounting consultations financial accounting reporting due diligence procedures acquisition attestation services.\n Tax Fees tax compliance advice planning. consultation federal state international tax compliance.\n Other Fees license fees accounting research software.\n 2018\n Audit Fees $3,747 $4,476\n Audit-Related Fees (2)\n Tax Fees (3)\n Other Fees\n Total Fees $3,750 $4,479"
}
{
    "_id": "d1b31fef6",
    "title": "",
    "text": "Property Plant Equipment\n December 31, 2019 2018\n Depreciation expense $12. 5 million $12. 7 million $12. 8 million recorded research development.\n long-lived assets impairment undiscounted cash flows less carrying value. 2019 recognized impairment charges $3. 9 million abandonment technology projects. costs. No charges 31, 2018 2017.\n Land $4,575\n Building improvements 34,797\n Furniture fixtures 19,959\n Computer hardware software 74,399\n Engineering equipment 130,430\n Property Plant Equipment 332,317 346,099\n Less accumulated depreciation (258,609,464\n $73,708 $80,635"
}
{
    "_id": "d1b3993d2",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n Accounts Receivable Deferred Rent derives revenues accounts receivable deferred rent asset small telecommunications 54% current-year revenues four tenants.\n deferred rent asset associated with non tenant leases fixed escalation clauses revenue.\n mitigates credit risk creditworthiness borrowers tenants. assesses collectibility recognized. tenant credit risk business industry conditions. revenue recognition deferred until collectibility. amounts uncollectible charged bad debt expense.\n Accounts receivable net allowances doubtful accounts losses inability payments allowances amounts invoiced collectibility. allowances estimated based payment patterns days past due collection history changes economic conditions bankruptcy liquidation.Receivables written allowances uncollectible. determination conditions. Changes\n 2019 write-offs uncollectible amounts. 2018 2017 recoveries revenue.\n December 31,\n Balance January 1 $282. $131. $45.\n increases 104. 157. 87.\n Write-offs recoveries (223.\n Balance December 31, $163. $282. $131."
}
{
    "_id": "d1b376fda",
    "title": "",
    "text": "CREDIT RISK\n trade receivables debt collected.\n table details receivables doubtful accounts.\n DECEMBER 31\n receivables past due 2,082 2,091\n doubtful\n Under 60 days 541\n 60 120 days\n Over 120 days\n 2,919"
}
{
    "_id": "d1b37dcae",
    "title": "",
    "text": "Annual Recurring Revenue\n fourth quarter 2018 total recurring revenue recurring revenue contracts. includes subscriptions software contracts perpetual licenses perpetual professional services consolidated operations. monitoring metrics solutions business. independently revenue unearned revenue arrangements termination not. not indicator future revenue impacted contract start end dates renewal rates.\n ARR metrics December 31, 2019 2018\n Total ARR $179. $162.\n Year-over-year increase 10% 20%\n Subscription ARR $113. $95.\n 19% 32%\n Perpetual license support ARR $65. $66.\n-year increase 6%"
}
{
    "_id": "d1b377f84",
    "title": "",
    "text": "Interest Expense Net\n changed $30. million 2019 driven by gains pension plans-market gains investments gains sales increase interest expense term loan December 17, 2018 $500 million losses securities.\n increased $24. million 2018 related losses investments June 2017 issuance $500. million 3. 5% notes due June 15, 2027.\n Interest expense investment income fluctuates cash securities debt balances maturities interest rates.\n Gains losses foreign currency due re-measuring transactions assets. gain loss driven volume transactions exchange rates\n year January\n Interest investment expense net $(52.(34.(29.\n Gain (loss) foreign currency.\n strategic investments.\n Other income.\n Interest expense net $(17.$(24."
}
{
    "_id": "d1b398cac",
    "title": "",
    "text": "Share-Based Compensation\n Company stock options RSUs stock grant awards ESPP Consolidated Statements Operations Income\n tax benefits ASU 2016-09 2017 adjustment $68. 1 million credit earnings January 1, 2017. calculated federal rate 21% December 2019 2018 35% 2017.\n December 31, 2019 unrecognized share-based compensation expense non-vested RSUs $74. 9 million. 3 years. value stock options $3. 9 million.\n received cash $1. 7 million $26. 2 million stock options shares ESPP. issues new shares common stock.\n Cost revenue $10. $7.\n Research development.\n Selling marketing.\n.\n Share-based compensation expense 79.\n income tax benefits federal rate (16.\nShare compensation taxes $62."
}
{
    "_id": "d1b311ef0",
    "title": "",
    "text": "Group business unit performance factors\n values weightings remuneration committee. group STI scorecard FY19 CEO CFO executive directors officers participants\n targets linked budget commercially sensitive.\n targeted percentages\n achievement budgeted.\n Strategic objective performance indicator Score 50% 100% 200%\n Growth 60% Sales volume growth 10% 40,0%\n Absolute gross margin 10% 96,8% 103,6%\n PBIT 40% 98,6%\n Efficiency Cost savings initiatives 5% 98,6% 123,4%\n Net working capital 5% 101,2% 97,7%\n Reduction execution-related marketplace incidents year-on-year\n sustainability 30% Quality 10%\n Safety,0%\n BBBEE score 10% Level 7."
}
{
    "_id": "d1b36a532",
    "title": "",
    "text": "Electro-Magnetic Sensors Actuators\n table net sales operating income MSA segment 2019 2018.\n $240. 7 million increased $13. 8 million. 1% $227. million 2018. driven $15. million OEM sales JPKO. $4. 3 million EMS $3. 7 million distributor sales Americas EMEA. offset $5. 5 million decrease APAC JPKO $3. 8 million OEM sales.\n Operating Income\n $22. 5 million 2019 increased $6. 9 million $15. 7 million 2018. $6. 6 million SG&A expenses. $2. 9 million restructuring charges $1. 3 million net loss-lived $0. 2 million R&D expenses. $4. 1 million decrease gross margin sales mix lower margin products.\n $240,740\n22,546. 15,694 6."
}
{
    "_id": "d1b3220e8",
    "title": "",
    "text": "\n IFRS 2 obligations.\n Christian Klein-CEO.\n Morgan 796.\n Robert Enslin 3,480 727.\n Adaire Fox-Martin,667.\n Michael Kleinemeier 3,253 914.\n Bernd Leukert 8,606 775.\n Bill McDermott 11/15 14,689 2,155.\n Luka Mucic 3,391 675.\n Jürgen Müller\n Stefan Ries 772.\n Thomas Saueressig\n 44,446."
}
{
    "_id": "d1b3b497a",
    "title": "",
    "text": "Off-Balance Sheet Arrangements Contractual Obligations\n obligations future payments contracts recorded balance sheet\n. include long-term\n debt outlined. off-balance sheet arrangements operating leases purchase\n obligations. contractual obligations commitments June 30, 2019\n maturity date.\n exclude $373 million liabilities uncertain tax benefits\n settlement. Note 7 Consolidated Financial Statements Part II Item 8\n Form. exclude $10 million\n non-marketable equity investments\n.\n $373 million liabilities uncertain tax benefits\n settlement. Note 7 Consolidated Financial Statements Part II Item\n. exclude $10 million\n non-marketable equity investments\n.\n Excludes. million build-to-suit lease arrangements cash payment not anticipated.\n conversion period.625% Convertible Senior Notes due 2041 open June 30, 2019 net value current liabilities Consolidated Balance Sheet. balances payment period maturity no conversion. Note 14 Consolidated Financial Statements 8 2019 Form 10-K.\n apply tax credits cash payment.\n tax-related liabilities post-retirement benefits than 5 Years” uncertainty future payments. balance excludes contractual obligations.\n administrative R&D manufacturing facilities sales offices equipment non-cancelable leases. extend purchase. rent increases inflation. guaranteed residual values Fremont Livermore leases $250 million. Note 16 Consolidated Financial Statements II 8 2019 Form 10-K.\n Capital Leases\n building office equipment lease obligations. interest payment.\nPurchase obligations outsourcing vendor-consigned inventories. cash minimum obligations June 30, 2019. cancellation non minimum fee. expenditures vary service.\n Income\n December 2017-time transition tax unrepatriated foreign earnings $991 million. tax reform. finalized December 23, 2018. amount $868. 4 million.\n Long-Term Debt\n assumed $700 million 2. 625% Convertible Senior Notes due May 2041. interest Notes 2. 625%. Notes converted Common Stock.\n June 30, 2019 market value Common Stock 130% 2041 Notes conversion prices. 2041 Notes convertible current liabilities Consolidated Balance Sheets fiscal 2019.\n March 12 2015, public offering $500 million Notes March 2020 March 2025. interest annual 2. 75% 3.80% 2020 2025 Notes semi-annual March 15 September 15.\n June 7, 2016, $800. million Senior Notes due June 15 2021 2020 2021. interest 2. 80% 2021 Notes June 15 December 15.\n March 4, 2019 offering $750 million Notes March 2026 $1 billion 2029 $750 million 2049 2026 2029. interest annual 3. 75% 4. 875% 2026 2029 2049 Notes March 15 September 15 15 2019.\n redeem 2020 2021 2025 2026 2029 2049 Notes redemption price 100% principal premium February 15 2020 May 15 2021 December 15 2024 January 15 2026 December 2028 September 15 2048 2049.redeem Senior Notes interest February 15 2020 May 15 2021 December 24 2024 January 2026 December 2028 September 15 2048. repurchase Notes 101% principal interest.\n 2019 2017 $117 million $753 million $1. 7 billion payments long-term debt capital leases.\n 1-3 Years 5\n Operating leases $98,389 $37,427 $36,581 $12,556\n Capital leases 50,049 7,729 17,422\n Purchase obligations 424,561 345,498 28,946\n Long-term debt interest 6,468,517 660,840 1,079,096 257,630\n tax foreign earnings 798,892 69,469\n Other long-term liabilities 190,821 4,785 164\n$8,031,229,125,748,250,089,556"
}
{
    "_id": "d1b322480",
    "title": "",
    "text": ". Trade receivables\n owed customers suppliers. financial instruments positive market value contract assets accrued revenue goods trade receivable.\n receivables owed payment conditional time. recovered discounted at market rates interest revenue accredited repayment. receivables interest nominal value. portfolios receivables recorded at fair value amortised cost\n value reduced by estimated credit losses. credit losses recorded based ageing historical experience considerations. balances written off collectible.\n accrued income year 31 March 2018\n measured at fair value level 2 classification\n trade receivables contract assets classified at amortised cost measured after allowances future credit losses 21 “Capital financial risk.\n carrying amounts receivables measured at amortised cost approximate fair value non-interest bearing.\ncontract-related costs €1,433 million €74 million amortisation impairment €1,506 million profit.\n January February 2019 €57 million €70 million trade receivables reclassified amortised fair value business model\n fair values calculated future cash flows values market interest rates foreign currency rates 31 March.\n non-current assets\n Trade receivables 197\n 531\n costs 375\n associates joint ventures\n receivables\n Prepayments 371\n Derivative financial instruments2 3,439\n 4,026\n current assets\n receivables 4,088\n 3,671 2,257\n-related costs 1,132\n associates joint ventures\n receivables\n Prepayments 1,227\n Derivative financial\n"
}
{
    "_id": "d1b320e82",
    "title": "",
    "text": "VALUATION QUALIFYING ACCOUNTS\n millions\n Includes increases reversals sales returns price protection deferred tax assets.\n Includes write-offs releases income tax foreign currency translation adjustments.\n. Balance. Additions. Deductions. Balance End\n December 31, 2019\n sales returns price protection $186 $11\n deferred tax assets $61 $127\n December 31, 2018\n returns price protection $274 $24\n deferred tax assets\n December 31, 2017\n $257 $83"
}
{
    "_id": "d1a72cf18",
    "title": "",
    "text": ". PREPAID EXPENSES\n December 31, 2019 2018\n 2018 impairment charges$0. 4 million prepaid licenses production tooling restructuring operations. loss Note 15.\n Prepaid services $221 $252\n Prepaid bonds costs 188 199\n insurance 62\n licenses software tools support 17\n Other prepaid expenses\n $505 $538"
}
{
    "_id": "d1b366bd0",
    "title": "",
    "text": "\n 2017 adopted Employee Stock Purchase Plan. employees base-pay purchase shares 85% fair market value first last 6 month purchase period. begin January 1 July 1 end June 30 December 31,. Shares purchased last day.\n weighted average assumptions value 2017 ESPP rights\n share-based compensation expense ESPP. 3 million. million. 1 million 2019 2018 2017. December 27, 2019 no unrecognized compensation expense.\n average expected term. 5 years. 4\n Risk-free interest rate. 3%.\n Dividend yield.\n Volatility. 7% 8%"
}
{
    "_id": "d1b3b623e",
    "title": "",
    "text": ".\n VMware operates segment financial consolidated statements. segments evaluated maker.\n Revenue type\n January 31, 2020 February 1, 2019 2 2018\n Revenue\n License $3,181  $3,042 $2,628\n Subscription SaaS 1,877 1,303\n 5,058  4,345 3,555\n Services\n Software maintenance 4,754 4,351 3,919\n Professional services\n 5,268 4,781\n revenue $10,811 $9,613 $8,336"
}
{
    "_id": "d1b393298",
    "title": "",
    "text": "Accounts Receivable Allowance Doubtful Accounts\n majority from sales large semiconductor manufacturers recorded invoiced amount bear interest.\n credit losses perform credit evaluations. allowance for doubtful accounts maintained collectability. reviewed quarterly.\n economic conditions. If circumstances additional allowances operating expense.\n Activity allowance doubtful accounts\n Fiscal Year Ended\n December 28, 2019 December 29, 2018 December 30, 2017\n Balance beginning year $185 $200 $299\n Charges) costs expenses\n Balance end year $222 $185 $200"
}
{
    "_id": "d1b36c206",
    "title": "",
    "text": "Income Net\n relates non-operational charges losses equity securities transactional foreign exchange gains. currency exchange rates.\n shares Guidance 2018.\n gain settlement breach second quarter 2018.\n Ended June 30\n 2019 2018 2017\n Foreign exchange gains (losses $(4,330) $(9,175) $4,845 $1,776 $3,069\n OpenText share net income equity investees 13,668 7,703 5,965\n Income long-term receivable (1,327) 1,327 (5,099) 6,426\n Gain on shares Guidance\n Gain contractual settlement\n miscellaneous income (expense 818\n $10,156 $(7,817) $17,973 $2,230 $15,743"
}
{
    "_id": "d1b3b4ac4",
    "title": "",
    "text": "Contractual Obligations\n March 31, 2019.\n Operating lease obligations sub-lease arrangements. Note 12 Commitments Contingencies.\n March $1. 1 million reserve unrecognized income tax positions not. scheduled. reserve non-current liabilities. Note 10 Income Taxes.\n cash funds capital markets obligations commitments.\n 2020 2021-2022 2023-2024\n Operating leases $19,437 $4,143 $7,111 $3,686 $4,497\n Capital leases\n Asset retirement obligation\n contractual obligations $19,902 $4,170 $7,299 $3,936"
}
{
    "_id": "d1a737b0c",
    "title": "",
    "text": "\n consolidated 2019 2018 2017.\n stock compensation payroll taxes\n Revenues\n Subscription solutions $642,241 $464,996 $310,031\n Merchant 935,932,233\n 1,578,173 1,073,229\n 128,155 100,990\n Merchant 584,375 375,972 231\n 476,962\n Gross profit 865,643 596,267 380,253\n Operating expenses\n Sales 472,841 350,069 225,694\n Research 355,015 230,674\n 178,934 107,444\n expenses 1,006,790,187 429,410\n Loss operations (141,147\n Other income 45,332\n Loss taxes (95,815) (64,553)\n Net loss(124,842\n loss share.. 61. 42\n loss 113,026,424 105,671,839 95,774,897"
}
{
    "_id": "d1a73c7c4",
    "title": "",
    "text": "BELL WIRELESS\n revenues increased. 7% 2019 postpaid prepaid higher product revenues.\n Service revenues increased 2. 5% growth postpaid prepaid subscriber base rate increases higher-value 2018 CRTC decision roaming\n offset Greater sales premium handsets higher-value plans Lower data voice overages\n Product revenues increased 6. 6% premium handsets higher-value plans.\n External service revenues 6,427 6,269 158.\n-segment revenues.\n Total operating service revenues 6,476 6,317 159.\n External product revenues 2,660 2,497.\n.\n operating 2,666 2,501 165. 6%\n revenues 9,142 8,818."
}
{
    "_id": "d1b3c3fe2",
    "title": "",
    "text": "\n breakdown revenue product service\n SPVSS increased 7% 8% 3%.\n 2019. 2018\n July 27, 2019 28, 2018 29, 2017 Dollars\n Revenue\n Product $39,005 $36,709 $2,296\n 75. 1%.\n Service 12,899 12,621\n 24. 9% 25. 6%.\n $51,904 $49,330 $48,005 $2,574"
}
{
    "_id": "d1b3bd318",
    "title": "",
    "text": "\n Transition\n Deloitte intu’s external auditor 2019 audit 2019 AGM succeeding PwC. early transition well. Audit Committee recommended Deloitte 2020 AGM.\n focus transition external audit from PwC to Deloitte. detailed transition plan management Deloitte familiarising Deloitte intu. transition plan\n PwC November 2018 February 2019 Audit Committee meetings\n communication\n review PwC’s 2018 audit files\n senior management\n visits shopping centres\n thirdparty valuers\n reviews cash flow financing covenant projections\n External auditor effectiveness\n Audit Committee assessed Deloitte FRC’s Audit Quality Practice first year auditor. reviewed\n 2019 audit plan\n FRC’s audit quality inspection review\n output audit reports\n audit team meetings\n assessed through internal feedback direct meetings reviews independent reports.\nAudit Committee concluded Deloitte effective external auditor 2019 audit. effectiveness.\n implemented FRC’s Ethical Standard Auditors restrictions services. Revised Ethical Standard effective 15 March 2020. majority non-audit services prohibited require approval Audit Committee. fee limit 70 per cent audit fees past three years.\n Audit Committee contracts non-audit services. Company.\n table summarises fees paid external auditor three years 2019 Deloitte 2018 2017 PwC.\n Audit Committee effectiveness\n.\n Steve Barber Chairman Audit Committee March 2020\n Audit fees 1,092 823\n Non-audit fees 598 281\n fees 1,690 1,104 838\n Ratio 55% 34% 6%"
}
{
    "_id": "d1b346380",
    "title": "",
    "text": "REVENUES SERVICES PRODUCTS\n table presents revenues.\n recognized.\n product revenues.\n DECEMBER 31\n 6,427 6,269\n 7,684\n voice 3,564 3\n 2,811 2,677\n wireline services\n 20,737 20,441\n 2,660 2,497\n 519\n equipment\n 3,227 3,027\n operating revenues 23,964"
}
{
    "_id": "d1b32d2b8",
    "title": "",
    "text": "defined International Monetary Fund.\n Revenue external customers industrial businesses. SGRE Siemens Healthineers highest Gas Power declined. decline emerging lower revenue Egypt Gas Power higher revenue.\n Revenue Europe. Africa Middle East increased SGRE. Gas Power. Germany revenue moderately Mobility Gas Power decline SGRE.\n Americas revenue higher positive currency translation. Siemens Healthineers Smart Infrastructure Gas and Power largest increases SGRE lower revenue. industrial businesses higher SGRE Smart Infrastructure strongest.\n Asia Australia rose Siemens Healthineers Industries. Gas Power SGRE lower. China revenue\n Siemens Healthineers. SGRE lower revenue.\n.\n Europe. Africa Middle East 44,360,782 4%\n Germany 12,282\n Americas 23,796\n.17,993 16,012 12%\n Australia 18,693\n China 8,405,102\n Siemens 86,849 83,044\n emerging 27,607 28,272"
}
{
    "_id": "d1b34c960",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. FINANCIAL STATEMENTS. dollars\n lease liabilities $47,064 December 31, 2019.\n lease payments\n lease terms 4. 5. 9. 3 years.\n Charter-in Land Leases Office\n 2020 $109,574 $556\n 2021 85,399\n 2022 57,282\n 2023 47,603\n 2024 34,025\n 2025 33,481 23,002\n $367,364 $25,782 $1,291\n Operating lease liabilities $304,568 $7,660 $1\n borrowing rate $62,796 $18,122"
}
{
    "_id": "d1b3270fc",
    "title": "",
    "text": "Revenue Segment\n table breakdown millions\n Amounts sum percentages recalculate.\n increased 8% driven growth enterprise public sector commercial markets. offset decline service provider. increased 9% United States 26% Mexico 6% Canada offset decrease 1% Brazil.\n EMEA increase 6% driven growth public sector enterprise offset decline service provider. commercial flat. emerging countries increased remainder EMEA 5%.\n APJC increased 1% growth public sector enterprise offset declines service provider commercial. increased Japan 5% India offset decrease 16% China.\n.\n Variance Dollars Percent\n revenue\n Americas $22,754 $21,088 $20,487 $1,666 8%\n Percentage 58. 3%.\n EMEA 10,246 9,671\n.\n APJC 6,005 5,950\nproduct revenue.\n $39,005 $36,709 $2,296"
}
{
    "_id": "d1b3a11a4",
    "title": "",
    "text": "financial data\n Premise EBITDA decreased $2. million 2019 $5. million cash operating expense offset $2. 6 million revenue.\n On Demand EBITDA increased $54. million $46. million acquisition Speedpay. increased $8. million $18. 3 million revenue $10. 2 million cash expense.\n Revenues\n On Premise $579,334 $576,755\n Demand,960 433,025\n revenue $ 1,258,294 1,009,780\n Adjusted EBITDA\n Premise $321,305 $323,902\n Demand\n Depreciation amortization\n-based compensation expense\n unallocated expenses\n Interest (52,066\n Income taxes $ 72,210 91,799\n Premise 11,992\n Demand\n 54\ndepreciation amortization 122,569 97,350\n 7,651 4,348\n 7,995 4\n 11,674\n 36,763 20,360"
}
{
    "_id": "d1b397b86",
    "title": "",
    "text": "ICAR Vision Systems.\n October 16, 2017 Mitek Holding. wholly subsidiary. acquired shares ICAR Spain subsidiaries Share Purchase Agreement Mitek. shareholders. ICAR provider identity fraud document management solutions web desktop mobile. ICAR direct subsidiary Mitek Holding. indirect wholly owned subsidiary. leading provider consumer identity verification solutions Spain Latin America. Acquisition strengthens global digital identity verification powerhouse.\n agreed purchase price $13. 9 million. October 16, 2017 cash payment Sellers $3. 0 million issued 584,291 shares $5. 6 million Common Stock. Sellers additional cash consideration revenue target fourth quarter 2017 $1.5 million deposited escrow fund subject revenue net income targets ICAR 2018 2019 Sellers $3. 8 million additional cash if revenue target Q4 Consideration added Earnout Consideration revenue income targets. estimated Q4 Consideration $2. 9 million 16 2017 discounted cash flow methodology. revises.\n incurred $0. 5 million ICAR Acquisition legal fees service costs travel expense.\n October 16 2017 deposited $1. 5 million escrow fund working capital adjustments indemnification rights. April 2018 Q4 Consideration $1. 5 million deposited escrow fund. earnout targets paid $1. 8 million January 2019. extend remaining $1. 8 million earnout. paid first quarter fiscal 2020 revenue income targets.remaining earnout paid first quarter fiscal 2021 based revenue income development corporate targets 2020. first quarter 2020 Company released escrow funds excluding $1. 0 million held settlement Global Equity Corporate Consulting. ICAR Note 9.\n used cash paid October 16, 2017 guarantee obligations Mitek Holding.\n Acquisitions accounted purchase method accounting ASC Topic 805 Combinations. results A2iA ICAR included financial statements. purchase price A2iA ICAR allocated assets liabilities assumed estimates fair value.\n table summarizes estimated fair values assets acquired liabilities assumed year September 30, 2018\n goodwill synergies not deductible income tax. estimated fair value acquisition intangible assets discounted cash flow projections. judgment discount useful lives.\n$3,929 $5,965\n Property equipment 307\n Intangible 6,407 35,017\n Goodwill 24,991 6,936 31,927\n non-current 1,177 1,264\n Deferred,105\n $48,816 $11,467 $60,283"
}
{
    "_id": "d1b37a252",
    "title": "",
    "text": "Liquidity Capital Resources\n primary sources liquidity cash reserves debt. raise additional funds debt equity financings. use funds\n facilitate purchases redemptions exchanges dividends\n acquire businesses\n develop services.\n August 31, 2019 Cash equivalents $6. 1 billion $5. 1 billion August 31, 2018.\n Cash flows operating investing financing summarized\n Operating $600 million increase higher net income assets liabilities accounts payable offset higher tax disbursements.\n Investing $506 million increase investments.\n Financing $58 million increase dividends purchases offset proceeds issuances purchase interests subsidiaries.\n working capital investments corporate funding requirements cash flows operations borrowing facilities future financial market activities\ncash held no regulatory restrictions tax effects. domestic cash inflows Irish parent dividend distributions cash requirements expect continue.\n 2019\n millions U. S. dollars\n Net cash\n Operating activities $6,627\n Investing (1,756)\n Financing (3,767)\n Effect exchange rate changes cash equivalents\n increase cash equivalents $1,065 $934"
}
{
    "_id": "d1b392492",
    "title": "",
    "text": "Fair Value Valuation\n Stock Options\n stock options estimated binomial-lattice model. inputs include stock price volatility risk-free interest rate dividend yield contractual term vesting schedule cancellations exercise post-vesting termination behavior. Statistical methods termination rates.\n table presents weighted-average assumptions grant date fair value stock price volatilities\n Expected life stock options outstanding. employees exercise options stock price equals exceeds exercise multiple. based exercise behaviors.\n Volatility implied volatility exchange-traded options historical volatility shares statistical model transition.\n Risk-free interest rate term.\n Dividend yield based historical dividend payouts. Share-based compensation expense reduced for estimated forfeitures. Forfeitures estimated revised.\n Employee and Director Options\n\n Ended December\n life 7. 85. 64.\n 30. 32. 37% 35.\n interest. 90%. 10%.\n Dividend yield. 76%. 61%.\n-average $17.\n volatility\n 30. 31. 72% 28.\n 38. 17% 36. 73% 35."
}
{
    "_id": "d1b2f1326",
    "title": "",
    "text": "23 Provisions\n environmental vacant space legal provisions\n AROs costs restore leased premises. Cash outflows liabilities restoration dates long-term. timing extent restoration uncertain.\n YEAR ENDED DECEMBER 31 AROs\n January 1, 2019 199  172 371\n Additions 21 24 45\n Usage\n Reversals\n Adoption IFRS 16\n December 31, 2019 199 132 331\n Non-current 183 115 298\n 331"
}
{
    "_id": "d1b35cd42",
    "title": "",
    "text": "See performance page 231 GAAP.\n adjusted tax rate 31 March 2019 24. 4% 20. 6% last. higher rate due profit Liberty Global transaction. tax rate reflected closing tax audits Germany Romania. tax rate low-mid twenties medium.\n derecognition deferred tax Spain €1,166 million deferred tax Luxembourg losses €320 million €304 increase deferred tax €488 million €330 revaluation investments.\n tax 31 March 2018 deferred tax asset €1,603 million higher interest rates tax charge capital gains transfer Vodafone Kenya Vodacom Group €110 million.\n Income tax\n profit tax\n Deferred tax revaluation Luxembourg\n deferred tax asset\n tax losses\n Safaricom transaction\n Derecognition deferred tax asset Spain\n(704) (828)\n (2,613) 3,878\n Adjustments profit share 5,149\n profit 2,536 4,408\n results associates ventures (389)\n 2,884 4,019\n. 4%. 6%"
}
{
    "_id": "d1b35dfda",
    "title": "",
    "text": "\n Fiscal 2019 foreign exchange rate 1. 3255 USD/CDN.\n Fiscal 2018 restated IFRS 15 accounting policy Cogeco Peer 1 discontinued operations. policies operations sections.\n Fiscal 2019 translated average exchange rate 1. 2773 USD/CDN.\n revenue increased. 6% (6. 8% growth American broadband services MetroCast acquisition south Florida fibre network decrease Canadian broadband services decline service units lower service activations new customer management system rate increases higher net pricing sales.\n operating financial results section.\n Years ended August 31,\n thousands 2019 2018 Change constant currency Foreign exchange impact\n Canadian broadband services 1,294,967 1,299,906.\n American broadband services 1,036,853 847,372.\n-segment eliminations.\n2,331,820,147,404.,433"
}
{
    "_id": "d1b2ee16c",
    "title": "",
    "text": "\n Interest income 2019 increased $0. 4 million securities portfolios.\n Interest expense decreased $6. 6 million. 50% convertible notes July 1 2018 $253. million third quarter. Capital.\n foreign exchange gains losses foreign currencies intercompany loans cash accounts. 2019 2017 driven fluctuations euro US dollar pound.\n Interest income $8,178 $7,796 $2,951\n Interest expense (21,559) (28,176 (14,762\n $(13,297) $(23,478),333"
}
{
    "_id": "d1a73fa6e",
    "title": "",
    "text": "Revenue Segment\n breakdown revenue millions\n Amounts percentages recalculate\n revenue increased 2% software solution support. Americas EMEA offset decreased APJC segment.\n 2019. 2018\n July 27, 2019 Variance Dollars\n revenue\n Americas $ 8,173 7,982 $7,864 $191\n 63. 4%. 3%.\n EMEA 2,854 2,754 2,635\n. 1%. 8%. 4%\n APJC 1,872\n. 5%. 7%\n Total $ 12,899 12,621 $12"
}
{
    "_id": "d1b359200",
    "title": "",
    "text": "Financial risk management\n Group exposed to financial risks market liquidity credit risk.\n majority financial risk management by treasury department. policies managing risks impact results summarised.\n Market risk\n Interest rate risk\n cash flow fair value risks. Cash flow future. Fair value\n interest rate risk from borrowings at floating rates fixed interest rates fair value risk. Bank debt issued at floating rates linked to LIBOR. LIBOR after 2021 monitoring LIBOR reform. fall-back provision changes. Bond debt capital market debt issued at fixed rates.\n policy eliminate exposure to interest rate fluctuations floating to fixed interest rate swaps certainty over cash flows. borrowings to. holds interest swaps unallocated.\n exposed to market price risk fixed rate swaps.interest rate swaps financial review page 34\n effects borrowings profile\n interest rate protection 75 to 100 per cent\n average rate swaps 1. 97 per cent (2018. 89 cent.\n value unallocated swaps £483. 4 million (2018 £566. 7 million. fair value £166. 7 million £184. 4 million liability balance sheet. swap maturity 2037 break clause earlier termination 2020 2023. early termination settlement payable Group.\n impact 50 point increase interest rates income equity £67. 8 million £78. 8 million. 50-basis point reduction interest charge income equity £67. 8 million. parallel shift yield curve unlikely. analysis. fixed rate instruments matched floating rate debt effect cash flow small.\nFixed\n Borrowings 2,951. 1,667. 2,998. 1,884.\n swaps 1,073. 1,112.,112.\n borrowings 4,025. 593. 4,110.\n Interest 87. 84"
}
{
    "_id": "d1b3900e8",
    "title": "",
    "text": "\n OLS ILS. cost photonics solutions OLS high performance laser sources optical sub-systems microelectronics medical diagnostics scientific research. ILS performance sources industrial laser materials processing automotive machine tool consumer goods medical device.\n net sales percentages\n sales 2019 decreased $471. 9 million 25% $372. 8 million 30% OLS $99. 1 million 15% ILS. foreign exchange rates.\n OLS weaker demand lower ELA tools revenues consumable service parts.\n ILS lower sales materials processing microelectronics higher medical military.\n OEM Sources $886,676 62. 0% $1,259,477 66. 2%\n Industrial Lasers Systems 543,964 38. 0% 643,096 33. 8%\n $1,430,640. $1,902,573."
}
{
    "_id": "d1b3b5f14",
    "title": "",
    "text": "\n revenue recognition invoicing. Company records accrued receivable deferred.\n Total receivables. services SaaS PaaS revenues multi-year software license arrangements extended payment invoice.\n Total receivables\n No customer 10% consolidated receivables December 31, 2019 2018.\n receivables $213,654 $239,275\n doubtful accounts (5,149\n 208,505 235,363\n Accrued 399,302 336,858\n Significant financing (35,569\n,733 301,829\n current accrued receivables 161,714 123,053\n financing (11,022\n long-term accrued receivables 213,041 189,010\n Total $572,238 $537,192"
}
{
    "_id": "d1b2efec2",
    "title": "",
    "text": "Sources Uses Cash\n primary operations. sources Euro Term Loan Rofin sale stock borrowings revolving credit facility. uses cash acquisitions repurchase common stock capital expenditures debt issuance costs. Supplemental information Statements Cash Flows\n Net cash operating activities decreased $54. 7 million 2019 2018. due lower income deferred taxes offset higher accounts receivable inventories deferred revenue accrued payroll. existing cash equivalents short term investments Revolving Credit Facility working capital expenditures next 12 months. may finance capital other. strategy strengthen financial position cash flow operations.\n Net cash $181,401 $236,111\n Purchases property equipment (83,283) (90,757)\n Acquisition businesses cash (18,881) (45,448)\nHull 25,000\n 6,250\n Borrowings repayments 263,252)\n Issuance,574\n Repurchase common stock (100,000\n settlement restricted stock,320"
}
{
    "_id": "d1a71ea1c",
    "title": "",
    "text": "Property equipment\n Includes. $41. 8 million $39. 4 million March 31, 2019 2018.\n Includes. $31. 2 million March 31, 2018. derecognized. completion construction. Note 12.\n United States $62,455 $62,064\n Kingdom 17,402 46\n South Africa\n Australia 3,481\n $94,202 $123,822"
}
{
    "_id": "d1a71fc46",
    "title": "",
    "text": "Contract balances\n Increases accrued unearned revenue acquisition Sigma Systems. increase accrued revenue software licences deployed billed.\n deferred revenue $22,251,000 support maintenance.\n Accrued revenue 27,817\n Unearned revenue 27,069 22,914"
}
{
    "_id": "d1b306f28",
    "title": "",
    "text": ". Operating lease commitments\n Group lease agreements property plant equipment future payments years.\n Leases relate properties offices factories. Lease payments review five years reflected table. no significant contingent rental renewal purchase escalation clauses.\n future lease payments non-cancellable leases\n Group lease payments. sub-lets properties non lease arrangements. Sub-lease receipts £0. 2m. recognised statement profit loss. total future minimum sub-lease payments £0. 2m.\n 30 Mar 2019 31 Mar 2018\n Property Plant Equipment\n Within one year.\n Between 2 5 years.\n After 5 years.\n 14."
}
{
    "_id": "d1b32f04a",
    "title": "",
    "text": "Other (Expense Income\n table\n Cryovac Brasil. Sealed Air subsidiary decision Brazilian court indirect taxes. year December 31, 2019 income $4. million overpaid taxes 2015 2018.\n foreign exchange transaction loss $ (7. (16. (5.\n Bank fee expense. (5.\n Pension income costs 1. 3.\n Loss debt redemption refinancing (16.\n 8.\n Other (expense income (19. (18. 6."
}
{
    "_id": "d1b39f28c",
    "title": "",
    "text": "Interest associates\n profit $1,917,000 NSR’s gains properties $1,383,000.\n Group owns 24. 9% (2018. 9%) Australia Prime Storage Fund. Universal Self Storage premium grade selfstorage centres.\n 30 June 2019 National Storage Pty Ltd earned fees $0. 8m APSF design development management $0. 7m.\n two centres Queensland third construction Victoria.\n 2019 Group purchased two storage properties $42. 6m third asset $21. 35m. June 2018 purchased storage centre Queensland $14m.\n APSF commitments $2. 8m one centre Victoria. contingent liabilities commitments. commitments $2. 8m storage centre Victoria.\n Group holds 24%. Spacer Marketplaces Pty Ltd. marketplaces self-storage parking.\n1 July 10,693 8,611\n profit 1,695 1,282\n Distributions\n 30 June 12,388 10,693"
}
{
    "_id": "d1b37e47e",
    "title": "",
    "text": ". Inventories\n Fiscal Year\n Raw materials $ 260 $ 276\n Work\n Finished goods 925\n $ 1,836 1,857"
}
{
    "_id": "d1b36b180",
    "title": "",
    "text": "\n manage business three segments. revenue product service summarized table millions\n Amounts sum percentages recalculate.\n revenue 2019 increased 5% 2018. Product 6% service 2%. growth segments. BRICM countries 1% decline 16% decrease China 1% Brazil. offset increased revenue Mexico Russia India 26%, 6% 5%.\n macroeconomic factors reduced IT spending government revenue segment impacted complexity obligations financing final acceptance. customers large sporadic purchases timing revenue recognition.\n 2019. 2018\n July 27, 2019 2018 2017 Variance Dollars Percent\n Revenue\n Americas $ 30,927 $ 29,070 $28,351 $1,857 6%\n 59. 6%. 9%. 1%\n EMEA 13,100 12,425,004 5%\n 25. 2%.\n 7,877 7,834,650\n.\n $51,904 $49,330 $48,005 $2,574 5%"
}
{
    "_id": "d1b2f8c2a",
    "title": "",
    "text": "December 31, 2019 2018 $21 million $20 million unrecognized tax benefits deferred tax assets. 2018 tax litigations triggered reversal uncertain tax positions $310 million.\n uncertain tax positions increase 12 months tax audits. change.\n accrued interest penalties uncertain tax positions income tax expense less than $1 million 2019 2018 2017 2016, 2015, $27 million 2014 not previous years. interest penalties $6 million December 31, 2019 $5 million December 31, 2018.\n tax years open review 1997 to 2019.\n Balance beginning year\n Additions tax positions\n acquisitions\n Additions prior years\n Reduction\n Settlements\n Prepayment Refund\n Reductions lapse statute limitations\n Foreign currency translation\n Balance end year"
}
{
    "_id": "d1b361b12",
    "title": "",
    "text": ". Goodwill Purchased Intangible Assets\n amortization\n July 27, 2019 28, 2018 29, 2017\n sales. $624 $640 $556\n Operating expenses\n Amortization\n Restructuring charges\n. $774 $861 $853"
}
{
    "_id": "d1b2f6ad8",
    "title": "",
    "text": "Fiscal 2018 IFRS 15 change accounting policy Cogeco Peer 1 discontinued operations. consult policies operations sections.\n non-controlling interest 21% Atlantic Broadband results Caisse dépot placement Québec MetroCast acquisition January 4 2018.\n Fiscal 2019 fourth-quarter profit increased 21. 8%. 8% higher adjusted EBITDA decrease financial expense.\n profit increased 26. 1% 25. 2% profit discontinued operations $1. 9 million working capital adjustments sale Cogeco Peer 1 loss discontinued operations $1. 1 million.\n Three months August 31,\n earnings share\n Profit continuing operations 92,403 75,870.\n 94,323 74,818.\n 87,850 72,753.\n 89,770 71,701.\n non-controlling 4,553 3,117.\nearnings operations. 78. 48.\n. 82. 45 25."
}
{
    "_id": "d1b3b762a",
    "title": "",
    "text": "Deferred income taxes differences assets liabilities.\n December 2017 Tax Cuts Jobs Act. estimated expense $11. 9 million fourth quarter 2017 $9. 2 million deferred tax assets $2. 7 million unrepatriated foreign earnings. calculated impact 2017 year-end income tax Staff Accounting Bulletin No. 118. work foreign earnings deferred tax third quarter 2018 tax benefit $4. 0 million December 31, 2018.\n December 31, 2019 2018 non-current deferred taxes pension plan reflect unrealized gains losses investments losses pension plan. change tax benefit $0. 4 million $2. 8 million 2019 2018 adjustment comprehensive income Consolidated Statements Income.\n Company reviews valuation allowance recognizes benefits deferred tax assets ASC 740.decrease revenue profitability 2019 growth deferred tax assets. domestic tax assets valuation allowance against established third quarter 2019. may adjusted evidence.\n December 31, 2019 deferred tax assets $56. 2 million offset valuation allowance $48. 6 million. $42. 8 million domestic tax assets. remaining $5. 8 million state research development credit carryforwards foreign loss. remaining $7. 6 million not foreign jurisdictions.\n 2019\n Deferred tax assets\n Inventory $7,144 $6,609\n Accrued expenses 2,330 2,850\n Investments 1,122\n Deferred compensation 5,660 4,779\n Stock-based compensation 2,451 3,069\n Uncertain tax positions 241 326\n Pensions 7,074 5,538\n Foreign losses 2,925 3,097\n3,995\n Federal 12,171\n Lease liabilities 2,496\n 22,230\n Valuation\n Deferred Tax Assets 20,101\n Property equipment\n Intellectual property (5,337\n lease (2,496\n (1,892)\n Deferred Tax Liabilities\n Assets $7,561 $37,187"
}
{
    "_id": "d1b378880",
    "title": "",
    "text": "CONTRACTUAL OBLIGATIONS\n table summarizes obligations January 31, 2019 effect liquidity cash flows future.\n excludes current liabilities purchase obligations deferred revenue income tax liabilities Part II Item 8 Note 5.\n Notes December 2012, June 2015 2017. Part II 8 Note 8 Arrangements.\n Term loan Agreement December 17, 2018.\n Operating lease obligations facilities sublease income computer equipment leases\n Purchase obligations enforceable quantities price provisions timing. enterprise subscription agreements IT infrastructure marketing costs\n Deferred compensation obligations non-qualified deferred compensation plan. Part II Item 8 Note 7 Compensation.\n Pension obligations plans outside U. Part II 8 15 Benefit Plans.\nAsset retirement obligations estimated costs office buildings original after lease\n Purchase orders not included table. amount. based current procurement needs fulfilled short. significant agreements for minimum quantities prices for three months. software royalty commitments shipment licensing products.\n timing payment obligations estimated based current information. amounts receipt changes.\n provide indemnifications guarantees limited product warranties. costs significant future costs variable unable estimate maximum impact future results\n Fiscal year 2020 2021-2022 2023-2024\n millions\n $1,898. $57. $541. $422. $877.\n Term loan 533. 18. 515.\n Operating lease obligations 409. 75. 115. 92. 127.\n Purchase obligations 82. 47. 17.11. 6\n compensation obligations 60. 5 8 37\n obligations 25. 13\n retirement obligations 10.\n $3,020. $212. $1,204. $540. $1,062."
}
{
    "_id": "d1b351028",
    "title": "",
    "text": ". REVENUE FROM CONTRACTS CUSTOMERS\n Revenues costs construction contracts recognized as performance obligations ASC 606. revenue profit recognized customer obtains control goods services promised. cost uninstalled materials equipment excluded from profit unless produced manufactured progress.\n ASC 606 changes accounting principles\n Timing revenue recognition uninstalled materials recognized revenue percentage-of method. revenue recognized customer obtains control goods services. cost uninstalled materials equipment excluded profit unless produced manufactured progress.\n Completed contracts recognized revenue residential projects completed contract method. ASC 606 revenue as customer obtains control goods services.\n Revenue recognition other sales arrangements consistent with prior.\n new revenue recognition standard adjustment retained earnings $1,405 as of January 1, 2018. details.\nDecember 31, 2017 Adjustments ASC January 1 2018\n assets $3,790\n liabilities 7,288\n deficit (56,365"
}
{
    "_id": "d1b34b31c",
    "title": "",
    "text": "\n 2019 SEK 5. billion. 3% sales. related test sites R&D network centers manufacturing repair.\n increase 5G test equipment.\n Annual 2% sales. current capacity. Board Directors investment plans proposals.\n December 2019 no land machinery equipment pledged collateral indebtedness.\n expenditures 2017–2019\n 5. 4. 3.\n 2.\n sales. 3%."
}
{
    "_id": "d1b3b5438",
    "title": "",
    "text": "value RSUs PSUs granted vested 2019 2018 2017\n 2019 $1. 1 billion unrecognized compensation cost non-vested RSUs recognized 2. 5 years.\n tax benefits 2017 $131 million $117 million $180 million.\n 2018\n RSUs\n Granted $674 $583 $484\n Vested 428 381\n PSUs\n $164 $118 $113\n Vested"
}
{
    "_id": "d1b36b7fc",
    "title": "",
    "text": ". Link Group performance remuneration outcomes\n Altium Remuneration Framework employee remuneration shareholder returns capital appreciation dividends. table shows Group performance financial results metrics five years.\n remuneration strategy evolved linked success. Strong payout results STI LTI financial performance. STI LTI hurdles changed reflect growth.\n EPS Profit excludes deferred tax asset US$77 million.\n maximum STI payable 100% 150% 0%.\n Revenue 171,819 140,176 110,865 93,597 80\n EBITDA 62,721 44,869 33,254 27,430\n EPS.\n Profit 52,893  37,489  28,077 23,020 15,398\n Dividend 34\n Share price $34.\nSTI Achievement 100% - 150% 131% 103% 97% 63%\n performance 70% Revenue 30% EBITDA metrics growth EPS Product development\n LTI Achievement 100% 50%\n 50% Revenue EPS Subscriber growth EPS"
}
{
    "_id": "d1b3b2760",
    "title": "",
    "text": "table shows financial performance Group\n. Order intake commitments purchase goods services revenue.\n. exceptional items acquisition costs intangible amortisation share-based payment $4. 3 million (2018 $19. 6 million.\n. Adjusted operating profit percentage revenue.\n. tax rate adjusted charge profit.\n. Adjusted earnings per share note 11 financial statements.\n. Cash flow operations tax capital expenditure interest lease liabilities/sublease income.\n. Dividends US dollars paid sterling. final dividend 2019 3. 45 cents per 2. 70 pence per.\n performance assessed measures APMs. not defined IFRS comparable.\n APMs defined pages 190 191. adjusted income reconciled GAAP measures. reconciled GAAP measures.\n 2019 2018 Change\n\n Order 532. 470. 13.\n 503. 476. 5\n profit 368. 344. 7.\n 73. 72.\n operating 275. 267.\n 92. 77. 20\n 18. 16\n profit 88. 57. 54.\n tax 13. 15.\n profit 89. 61. 46.\n earnings share5 13. 23.\n earnings 12. 39.\n cash 100. 50. 96.\n Closing cash 183. 121. 50.\n dividend share7 3. 2 26"
}
{
    "_id": "d1b327606",
    "title": "",
    "text": "\n Company carries property vehicle workers’ compensation insurance. umbrella liability policy excess coverage.\n insurance programs compensation health care benefits high deductible self-insured programs. Claims self-insurance fully insured policy limits. Accruals based on claims estimates incurred.\n liabilities for unpaid claims compensation health insurance September 2019 2018 $1. 5 million $1. 6 million. included in accrued expenses Consolidated Balance Sheets. recorded reserves future payment claims.\n Adjustments claims estimates reflected in operations.\n activity self-insured liabilities reserve\n Beginning balance $1. $1.\n.\n.\n Ending balance $ 1."
}
{
    "_id": "d1b3b2d14",
    "title": "",
    "text": ". INCOME TAXES\n 2019\n Federal $1,139,927,294,253\n 428,501 423\n 1,568,428 1,717,462\n 34,466 (470,166\n 40,462\n $1,609,000 $1,164,000"
}
{
    "_id": "d1b398b80",
    "title": "",
    "text": "\n December 1, 2014, Company Allocation Policy 80 percent free cash flow less long-term debt strategic plans market economic conditions discretion board. defines cash flow net cash operating activities less purchases property equipment.\n December 1, 2014, 2014 Share Repurchase Program. $ 1. 0 billion common stock four years contingencies.\n expired November 30, 2018 $288. 2 million unutilized.\n repurchased $315. million $25. million December 31, 2018 31, 2017.\n November 15, 2018 2018 Share Repurchase Program. authorized repurchase $ 1. 5 billion common shares December 1 2018 December 31, 2022 fees commissions.\n repurchase privately negotiated open market Rule 10b5-1 Rule 10b-18 Exchange Act.\ntiming repurchases stock price regulatory requirements debt obligations market conditions. $138. 9 million repurchases 2018 Share Repurchase Program 2019. remaining amount $1,361. 1 million.\n 2018 2014 Share Repurchase Programs\n reissued retired 2019 may.\n repurchased shares 7. 16.\n purchase price $138. $315. $25.\n Fees commissions expenses.\n Total cash repurchases $139. $315. $25.\n Weighted-average purchase price per share $17. $18. $15.\n future purchases $1,361. $1,500. $603."
}
{
    "_id": "d1b36c3be",
    "title": "",
    "text": "completed assessment indefinite-lived assets December 31, 2019 2018 impaired no impairment charge recorded 2019 2018.\n tables show rollforward goodwill December 31, 2017 2019.\n net impairment losses $1. 1 billion hosting business.\n allocated $32 million Level 3 goodwill consumer.\n Includes $58 million decrease foreign currency exchange rate change.\n Consumer\n millions\n December 31, $20,197 10,278 30,475\n Impairment (2\n December 31, 2018 $20,447 7,584 28,031"
}
{
    "_id": "d1a7200d8",
    "title": "",
    "text": "PERFORMANCE MEASURES\n Net profit) excluding impairment\n impairment reversals testing Note 8). Company reports profit impairment information operational performance fluctuations valuation fixed assets.\n 2019 2018 2017\n Reconciliation net profit/(loss)\n 166.\n Reversal impairment losses tangible assets.\n impairment 46."
}
{
    "_id": "d1b317bac",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions foreign currency losses\n balance sheets Comprehensive income\n.\n Gains losses foreign currency transactions reflected. effect fluctuations foreign currency exchange rates intercompany debt reflected AOCL.\n foreign currency losses\n December\n currency losses AOCL $45. $385. $51.\n losses Other expense.\n losses $39. $390. $25."
}
{
    "_id": "d1b331e12",
    "title": "",
    "text": "service cost net pension expense estimated future pension liabilities employees. pension earnings interest deferrals expected return assets interest costs projected benefit obligations amortization actuarial gains losses prior service costs.\n pension expense recorded accounts cost sales selling general administrative expenses. summary classification pension expense years ended June 30 2019 2018 2017:\n capitalized gross inventory $1. 7 million $1. 7 million.\n Cost sales\n Service cost $10.\n cost sales.\n Selling administrative expenses\n.\n.\n Pension earnings interest deferrals.\n.\n.\n Net pension expense $11. $14. $48."
}
{
    "_id": "d1b31c0c6",
    "title": "",
    "text": "Contractual Obligations\n obligations future payments due December 31, 2019. events payments differ. table summarizes obligations effect liquidity cash flow\n 2017 Facility incurs interest variable rate. payments no change Eurodollar Base Rate December 31, 2019.\n cash payments repurchase subsidiary unit awards residential property rental.\n amounts multi-year non contracts-party commitments.\n amounts contracts enforceable binding terms services price provisions timing. obligations.\n no outstanding letters credit 2017 Facility.\n Contractual Obligations 1 2 to 3 Years 4 to 5 Years\n Debt\n Principal payments $63,000\n Interest 2,206\n Unused line fee payments\n Operating lease commitments 9,818,823\n\n long-term liabilities 4,375 2,513 7,489\n commitments\n obligations $12,915 $90,586 $18,353,494 $133,348"
}
{
    "_id": "d1b33e310",
    "title": "",
    "text": "oil derivative instrument note fair value determined discounted cash flows additional payments oil prices above floor liquefaction tolling agreement. inputs valuation discount rate time long-term short-term oil prices. changes fair value recognized earnings unrealized gain.\n realized unrealized gain\n unrealized loss/gain oil prices above floor LTA gain monthly billings above base tolling fee. note 24.\n Ended December 31,\n 2019 2018 2017\n Realized gain 13,089 26,737\n Unrealized (loss)/gain (39,090) 15\n,001 16,767"
}
{
    "_id": "d1b31925e",
    "title": "",
    "text": "Benefit Pension Plans\n Company maintains plans foreign subsidiaries. conform local minimum benefits. recognizes overfunded assets underfunded liabilities statements.\n long-term rate return assets updated annually asset allocation returns economic environment. assumes asset mix current. determines discount rates corporate government bond yields.\n Benefits valued projected unit credit cost method. plans local requirements regulations. funding driven by economic environment projected benefit payments subsidiaries. measurement date benefit obligations December 31.\n recognizes actuarial gains losses valuations.\n summary status foreign defined benefit pension plans net pension cost\n long term rate return on assets determined weighted-average method historical inflation interest rate yield curve market conditions.\n Service cost.\n Interest cost.\nreturn (6.\n gain.\n 15. 6\n pension cost $24. $14. $10.\n Discount. 74 %. 66 %. 60 %\n obligations. 43 %. 74 %. 66 %\n return 3. 23 %. 18 %. 22\n compensation. 07 %. 22. 22"
}
{
    "_id": "d1b35ce14",
    "title": "",
    "text": "table pre-payroll tax social stock-based compensation expense 2018\n fair value shares vested 2019 $114 million $68 million 2018 $38 million 2017.\n Compensation cost $6 million 2019 $6 million 2018 $3 million 2017. $138 million unrecognized compensation cost unvested shares 9 months.\n deferred income tax benefit unvested compensation $9 million $7 million $3 million 2019 2018 2017.\n Cost sales\n Selling administrative\n Research development\n pre-payroll tax social contribution compensation"
}
{
    "_id": "d1b2fbe34",
    "title": "",
    "text": "Operating Profit expenses interest taxes\n Grocery Snacks profit $689. 2 million decrease $35. 6 million 5%. profits $55. 8 million lower. input costs transportation inflation Wesson oil offset acquisitions supply chain productivity. Angie's Artisan Treats contributed $12. 6 million profit. Advertising promotion expenses decreased $31. 3 million. impacted charges $76. 5 million Chef Red $4. million HK. $33. 1 million gain sale Wesson ® oil business. $1. million $11. 4 million expenses divestitures $4. 6 million $14. 1 million restructuring plans. profit $689. 2 million decrease $35. 6 million 5%. profits $55. 8 million lower.lower profit input costs transportation inflation Wesson oil offset acquisitions supply chain productivity. acquisition Angie's Artisan Treats contributed $12. 6 million Grocery Snacks profit. Advertising expenses decreased $31. 3 million. impacted $76. 5 million Chef Red $4. million HK. $33. 1 million gain sale Wesson oil. $1. million $11. 4 million expenses divestitures $4. 6 million $14. 1 million restructuring.\n Refrigerated Frozen profit $502. 2 million increase $22. 8 million 5%. $19. 6 million lower input costs transportation inflation supply chain productivity. Advertising promotion expenses decreased $24. 6 million. gain $23. 1 million sale.\n $94. 5 million increase $8. million. profits flat.International segment 2019 $13. 2 million sale Del Monte® fruit vegetable $13. 1 million Aylmer® Sundrop assets $2. 9 million divestitures. impacted $1. 9 million $1. 5 million restructuring plans 2018.\n Foodservice profit $117. 7 million decrease $4. 1 million 3%. Gross profits $8. 5 million lower lower volume sale Trenton Missouri higher input costs supply chain productivity\n Pinnacle Foods profit $238. 2 million. cost $53. 0 million inventory $5. 9 million restructuring activities.\n 2019 2018\n Grocery Snacks.\n Refrigerated Frozen.\n International.\n Foodservice.\n Pinnacle Foods."
}
{
    "_id": "d1b2f32e8",
    "title": "",
    "text": ". Goodwill Intangible Assets\n changes 2019 2018\n 2019 acquisitions DeliverySlip AppRiver goodwill balance. 2018 Erado goodwill. 2018 adjustments reallocation excess purchase price assets 2017 Greenview EMS purchases. goodwill impairment annually. no impairment indicators December 31, 2019.\n balance $ 13,783 $ 8,469\n Additions 157,121 6\n Acquisition adjustments\n currency translation adjustment\n Goodwill $ 171,209 $ 13,783"
}
{
    "_id": "d1b377142",
    "title": "",
    "text": "profit/loss\n 2019 EUR 485 million 544 million EUR 59 million 2018. lower selling research development fluctuation income offset lower gross profit. margin 2019 2. 1% breakeven 2018.\n Excludes acquisition Alcatel Lucent goodwill impairment amortization purchase price adjustments restructuring.\n impact unallocated items profit/loss\n 2,003\n Amortization depreciation acquired assets\n Restructuring charges\n Gain defined benefit plan amendment\n costs\n Transaction Alcatel Lucent\n Impairment reversals\n model integration\n acquisition fair value adjustments deferred revenue inventory\n Divestment businesses\n Fair value changes IPR fund\n profit/(loss 485"
}
{
    "_id": "d1b328f2e",
    "title": "",
    "text": "Unrecognized Tax Benefits\n reductions tax positions 2019 non. ruling. loss Tax Act.\n additions years 2019 2018 Tax Act intercompany transactions. additions 2017 non. loss forwards internal restructuring.\n reductions settlements taxing 2019. audit.\n Company recognizes interest penalties unrecognized tax benefits. accrued interest penalties $18. 9 million $20. 4 million August 31, 2019 2018. penalties. $5. 2 million 2019 2018 2017.\n unrecognized tax benefits decrease $5. 8 million state settlement.\n subject. federal tax examinations before August 31, 2015. tax before August 31, 2009.\n Internal Revenue Service examination tax returns issued Revenue Agent’s Report May 27, 2015, updated June 22, 2016.IRS tax returns 2012 2014 issued RAR April 19, 2017. adjustments. taxation. May 8, 2019 tax audits 2009 2014 settled Form 870-AD adjustments lower. settlement financial position cash flows no additional tax liabilities.\n Fiscal Year Ended August 31,\n balance $256,705 $201,355 $149,898\n Additions 20,158 14,465\n Reductions,252)\n 35,769 81,866\n Cash settlements\n Reductions statutes limitations\n settlements (35,582) (5,928)\n Foreign exchange rate adjustment (3,845)\n Ending balance $164,383 $256,705 $201,355\n Unrecognized tax benefits rate $93,237 $117,455 $75,223"
}
{
    "_id": "d1b35b33e",
    "title": "",
    "text": ". Loans borrowings\n Net Debt\n asset investments cash equivalents. measured net proceeds adjusted discount. asset investments cash equivalents measured cost net realisable value. Currency balances translated sterling swapped rates.\n alternative performance measure not IFRS. loans borrowings asset investments cash equivalents. reconciliation.\n.\n 31 March 2019 2018 2017\n Loans borrowings 16,876 14,275 12,713\n Cash equivalents (1,666\n Current asset investments (3,214) (3,022)\n 11 10\n Adjustments\n retranslate debt balances swap rates\n remove accrued interest method fair value adjustments\n Net debt 11,035 9,627"
}
{
    "_id": "d1b3354cc",
    "title": "",
    "text": "Contract Balances\n table assets liabilities\n assets revenue license payments. liabilities advance consideration deferred revenue transfer control services provided. balances net period. Company recognized $4. 4 million revenue September 30, 2019 liability balance.\n September 30, 2019 October 1, 2018\n Contract assets current $2,350 $169\n non-current 581 507\n liabilities 5,612 4,281\n-current 736"
}
{
    "_id": "d1b3bc0b2",
    "title": "",
    "text": "Consumer Cyber Safety\n Revenue increased $616 million $639 million identity information protection products 2017 offset $23 million decrease. growth subscription contracts bundling declining-alone. Operating income increased $272 million identity products offset higher cost operating expenses.\n Variance\n Net revenues $2,280 $1,664 $616 37%\n Operating income $1,111 $839 $272 32%\n Operating margin 49%"
}
{
    "_id": "d1b32c4da",
    "title": "",
    "text": "\n sales decreased 2% $317. 9 million 2019 $325. 2 million 2018. impacted ASC 606. CGD contracts air combat ground training accounted percentage-of-completion cost-to. sales lower air combat simulation development international services contracts offset higher ground combat. exchange rates. sales $3. 2 million 2019 2018.\n Amortization Purchased Intangibles $0. 6 million 2019 $1. 1 million 2018.\n increased 39% $23. 0 million 2019 $16. 6 million 2018. profits improved cost reduction reduced R&D expenditures. higher ground combat lower decreased air combat simulation international services contracts. exchange rates. income\n $32. 8 million 2019 $26. 3 million 2018. increased $3. 1 million 2019 new revenue recognition standard.\n\n $ 317. 325.\n Operating income 23. 16. 39\n EBITDA 32. 26."
}
{
    "_id": "d1b3bcf6c",
    "title": "",
    "text": "Credit risk\n carrying financial assets loans receivables amortised cost IFRS 9 maximum credit exposure. 31 March 2019 £59. 1m (2018 £56. 5m.\n trade receivables reporting date geographic region\n 24.\n.\n."
}
{
    "_id": "d1b3b8f0c",
    "title": "",
    "text": ". Analysis revenue growth\n TCS’ revenue grew 19% FY 2019. 4% prior year. greater demand services solutions expanding participation growth transformation initiatives. benefit currency exchange rates.\n volatility USD-INR. 07 significant volatility emerging currencies. Average exchange rates three currencies\n positive 7. 6% revenue. constant currency revenue growth 11. 4%.\n Currency Weightage FY 2019 2018\n 53. 70. 64.\n 13.\n. 76\n Breakup revenue growth FY 2019 2018\n Business growth 11. 6.\n Impact exchange rate 7.\n Total growth 19."
}
{
    "_id": "d1b30df3a",
    "title": "",
    "text": "Vessel operations\n non-GAAP measure. reconciliation 3. Financial Data.\n operating revenues decreased $72. 3 million $230. 7 million 2019 $303. million 2018. due\n $90. 4 million lower utilization drydocking days lower charterhire rates. fleet drydocking days off-hire 28 2018\n $2. 3 million decrease management fees revenue wind down OneLNG.\n offset\n $20. 4 million increase revenue Golar Viking on-hire.\n Average daily TCE lower voyage expenses increased $44,400 $43,700 2018.\n Vessel operating expenses decreased $2. 9 million $67. 6 million 2019 $70. 5 million 2018\n $3. 1 million reactivation operating costs Golar Viking\n $1. 8 million expenses Gandria conversion FLNG\n.million expenses Gimi December 31, 2019 conversion FLNG Limited Notice 2018.\n offset non-capitalizable vessel operating costs $2. 8 million scheduled drydocking.\n expenses fuel vessel positioning. charterer. decrease expenses $66. 1 million $38. 4 million $104. 5 million 2018\n $56. 4 million voyage expenses decreased utilization\n $15. 2 million reduction bunker consumption drydocking 278 days 28 2018.\n offset $4. 6 million increase Golar Arctic commercial waiting.\n Administrative expenses decreased $0. 9 million $50. 8 million $51. 7 million corporate expenses share options expenses.\n development expenses decreased $3. 1 million $2. 1 million $5. 2 million non-capitalized expenses legal professional consultancy costs.\n Depreciation amortization decreased $0.$64. 9 million December 31, 2019 $65. 5 million 2018 $0. 9 million Golar Viking depreciation $34. 3 million impairment charge vessel March 2019.\n long-term assets increased $42. 1 million\n $34. 3 million impairment charge Golar Viking. 2019 agreement LNG Hrvatska future sale. fourth quarter 2020 triggered impairment test. carrying value non-cash impairment charge $34. 3 million. valuations exit price LNG carrier market\n $7. 3 million impairment charge OLT Offshore LNG Toscana. 2019 shareholder sold. 6% investment. exceeded fair value wrote investment.\n operating gains\n $9. 3 million $50. 7 million recovered arbitration proceedings Golar Tundra charter December 2019 2018. final payment\n $4.million loss hire Golar Viking December 31, 2019.\n revenues 230,654 302,979 (72,325)\n Vessel expenses (67,601)\n (38,381 (104,463) 66,082\n Administrative expenses (50,801) (51,716)\n Project development expenses (2,050,165 3\n Depreciation amortization (64,945) (65,496\n Impairment long-term assets (42,098)\n gains 13,295 50,740 (37,445)\n Operating/income (21,927) 56,336\n net losses (22,565,677\n Data\n Daily TCE 44,400,700\n off-hire days 3,840"
}
{
    "_id": "d1b37f9b4",
    "title": "",
    "text": ". Segment Geographic Customer Information\n operate industry design manufacturing marketing high-performance storage data management solutions. business globally sales support geographic. management reviews financial information disaggregated information geographic region resources performance. allocate research development sales marketing administrative expenses regions.\n assets investments domestic operations. cash equivalents investments U. foreign subsidiaries\n 2019 April 27, 2018\n. $ 159 $ 853\n International 3,740 4,538\n Total $ 3,899 $ 5,391"
}
{
    "_id": "d1b33d62c",
    "title": "",
    "text": ". Income Taxes\n December 22, 2017 Tax Cuts and Jobs Act enacted. U. S. tax code. federal corporate tax rate 35% to 21% changing rules net operating loss carry-forwards carryback provisions expensing property limitation deductible interest expense eliminating corporate alternative minimum tax deduction income domestic production international operations. mandatory one- time transition tax untaxed earnings foreign subsidiaries.\n. Securities Exchange Commission issued Staff Accounting Bulletin No. 118 guidance accounting tax effects TCJA. ASC Topic 740 Income Taxes. accounting income tax effects financial. provisional amount impact TCJA. measurement period impacts TCJA one year. April 30, 2018 Company recorded provisional decrease deferred tax assets liabilities reduction federal tax rate adjustment valuation allowance.April 30 2019 Company completed accounting tax TCJA no changes provisional estimate.\n TCJA established Global Intangible Low-Taxed Income tax foreign income. Company GILTI sale Gillam 2018 FEI-Asia disregarded. tax.\n income taxes\n 2019\n Federal $8 (869)\n Foreign\n State\n 303\n Deferred\n 10,702\n Foreign 267\n State 1,200\n tax 12,169\n Total $11,176"
}
{
    "_id": "d1b3a4aca",
    "title": "",
    "text": ". Property Equipment\n Depreciation expense years 2019 2018 2017 $124 million $138 million $130 million.\n Land\n Buildings\n Leasehold improvements\n Computer equipment\n Office furniture\n cost property 1 1,052\n depreciation (749)\n $253 $282"
}
{
    "_id": "d1b332236",
    "title": "",
    "text": "Performance Obligation Non-Lease Arrangements\n majority revenue contract term. transaction price obligations portion relates reporting period.\n non- recurring charges estimates usage.\n obligations reflect recurring charges sales incentives revenue adjustments.\n table transaction price fee non revenue future periods. amounts variable usage-based consideration.\n Year Ended June 30\n 2020 2021 2022 2023 2024 Total\n millions\n Reportable Segment\n Zayo Networks 621. 295. 117. 36. 14. 17. 1,103.\n 21. 11. 46.\n 110. 26. 11. 1. 150.\n $753. $333. $135. $41. $16. $19. $1,300."
}
{
    "_id": "d1b3a6672",
    "title": "",
    "text": ". Assets\n December\n Investments trust $13,927 $11,442\n Financial derivatives 3,373\n Deferred rent\n assets 2,667\n $20,525 $16,761"
}
{
    "_id": "d1b2ff9bc",
    "title": "",
    "text": "December 31, 2018\n Revenue license agreements patent licensing enforcement program. increase due licensing. Enforcement 2013.\n legal fees.\n expenses legal fees employee headcount expenses. 74% expense. Litigation expenses increased $4. 2 million $16. 5 million 2018 due actions. Employee headcount expenses increased $1. 8 million $7. 2 million incentive bonuses. consulting services facilities administrative fees.\n Research Development expenses Finjan Mobile security increased $0. 6 million $2. 1 million.\n fair value warrant liability $3. 4 million $2. 2 million 2017 interest expense $0. 6 million.\n tax expense $8. 1 million pre-tax income $28. 7 million valuation allowance $6. 2 million 2017.\n December\n\n Revenues $82. $50. $31. 63%\n 15. 6. 9. 155%\n profit 67. 44. 22. 51%\n 81%\n Operating expenses\n Selling 32. 28. 13%\n Research development. 40%\n operating expenses 34. 30. 4. 14%\n. (282)\n taxes 28. 16. 12. 73%\n tax 8. 14.\n Net income $20. $22."
}
{
    "_id": "d1b3a9962",
    "title": "",
    "text": "Accrued expenses\n December 31, 2019 2018 receivable payable expenses fair value Company believes short maturity.\n advertising $1,774 $1,875\n compensation 2,955 2,813\n member refunds 293\n expenses 2,455 2,266\n Deferred rent\n $7,477"
}
{
    "_id": "d1b3be6fa",
    "title": "",
    "text": ". Acquisitions\n Microsemi\n results March 2018 closing Microsemi acquisition April 1 2017.-forma adjustments acquired inventory costs amortization intangible assets. informational not indicative April 1 2017\n Ended March 31,\n Net sales $5,563. $5,875.\n Net income (loss $542. $(762.\n Basic net income (loss common share $2. 29.\n $2. 17."
}
{
    "_id": "d1b2eca42",
    "title": "",
    "text": "INCOME (LOSS) PER COMMON SHARE\n based weighted-average. Diluted potentially dilutive\n twelve months December 31, 2018 diluted earnings 215,196 unvested Restricted Stock Units 716,661 stock options potentially dilutive. twelve months December 31, 2017 diluted earnings 438,712 unvested Restricted Stock Units,048 stock options dilutive.\n December\n Net income (loss) common stockholders $(16,490) $19,813 $17,929\n Weighted-average common shares 27,618,284 27,484,655 25,353,966\n diluted 27,618,284 28,416,512 26,269,727\n Net income (loss) per common share\n.\n Diluted."
}
{
    "_id": "d1b36ac94",
    "title": "",
    "text": ". MANAGEMENT DISCUSSION ANALYSIS FINANCIAL CONDITION RESULTS States Dollars share\n Cash flows\n Consolidated Statements Cash Flows indirect income. table operating investing financing cash flows.\n 2017\n operating $153,327 $256,426 $160,394\n investing $(15,381) $(6,581) $(4,135)\n financing $(150,604) $(145,184) $(30,535)"
}
{
    "_id": "d1b36e98e",
    "title": "",
    "text": "Products Support Professional Services\n leading developer marketer software solutions hospitality industry software third hardware support maintenance subscription services professional services. specialization point of sale property management solutions.\n revenue costs three categories Products Support maintenance subscription services Professional services\n Total revenue\n Products revenue software third party hardware operating systems. sales include revenue licensing. driven efficiencies. integrations third party. require third party hardware operating systems. Third party hardware revenue driven by new wins hardware refresh purchases.\n Support Maintenance Subscription Services support revenue generate higher profit margins. Growth driven by focus developing promoting offerings demand maintenance flexibility. commitment exceptional service trusted partner commerce opportunities.\n Professional Services industry-leading expertise designing implementing integrating installing customized solutions platforms.integrate systems start-ups rollouts schedules. experience staging equipment rollouts time money.\n ended March 31,\n Products $39,003 $33,699 $38,339\n Support subscription services 75,496 69,068 63,308\n Professional services 26,343 24,593 26,031\n $140,842 $127,360"
}
{
    "_id": "d1b332d58",
    "title": "",
    "text": "Officers\n name age position\n biographical summaries.\n Robert Andersen vice president financial officer Xperi Corporation. 2014. CFO G2 Holdings. CFO Phoenix Technologies. Wind River Systems. NextOffice. career Hewlett-Packard controller treasury. Quantum Corporation 2017. Alameda County Community Food Bank vice chair. B. A. economics California Davis M. B. Anderson School Management California Los Angeles.\n Paul Davis general counsel corporate secretary Xperi Corporation. August 2011, 2013. attorney Skadden Arps Slate Meagher Flom mergers governance. Juris Doctor California Hastings. history political science California San Diego. Order Coif member managing editor Hastings Law Journal.\n Murali Dharan president Tessera Intellectual Property Corp. October 2017 strategic growth property licensing.leadership experience CEO IPVALUE-up leader $1. 6 billion IP revenue. executive roles Preview Systems Silicon Graphics. electrical engineering Anna University master’s computer science Indiana University MBA Stanford University.\n Geir Skaaden chief products services officer December 2016 leads sales business development product management imaging audio solutions. DTS’s Executive Vice President Products Platforms October 2015 Senior Vice President 2013. Senior Vice President Products April 2012 December 2013. sales licensing operations business development. Chief Executive Officer Neural Audio Corporation 2004 Vice President Corporate Development 2002 2004. B. Finance University Oregon Business Norwegian School Management M. University Washington.\n adopted code business conduct ethics principal executive financial accounting. website. exhibit Current Report Form 8-K SEC December 1, 2016.\nKirchner\n Andersen\n Paul Davis\n Murali Dharan President Tessera.\n Geir Skaaden Products Services"
}
{
    "_id": "d1b3b5ad2",
    "title": "",
    "text": "sales second half driven Bars Food Accommodation venue refurbishments.\n increased. 7% F19. 8%. Comparable sales increased. 9%. 0% growth Q4. accelerated Bars Food Accommodation venue refurbishments. sales subdued Victoria. five venues opened acquired 328 hotels year‐end.\n gross profit declined 54 bps business mix input cost. CODB declined 18 bps.\n EBIT $261 million decreased. 5% weaker first half performance. EBIT second half increased. 3%.\n ROFE decreased 38 bps refurbishments acquisitions.\n Sales 1,671. 7%.\n EBITDA.\n Depreciation amortisation.\n EBIT.\n Gross margin 83.\n Cost business.\n EBIT sales.\nFunds 2,068 1,995. 7%\n ROFE."
}
{
    "_id": "d1b3182b4",
    "title": "",
    "text": "Stock Compensation\n income tax benefit $66 million $158 million $97 million 2019 2018 2017. offset U. S. valuation allowance. $30 million $19 million capitalized inventory August 29, 30. $439 million unrecognized compensation costs 2023 weighted-average 1. 3 years.\n 2019 2018 2017\n compensation expense caption\n goods sold $102 $83 $88\n Selling administrative\n Research development\n $243 $198\n award\n Restricted stock awards $178 $140 $144\n Stock options\n"
}
{
    "_id": "d1b2e55ee",
    "title": "",
    "text": "\n September 30, 2019 $5. 8 million outside $0. 9 million 2018. recover costs profit margin contract change next year.\n. federal contracts administrative. remaining 2019 2018 $0. 5 million $2. 0 million.\n Finished products $10,905 $7,099\n costs contracts 46,951 63,169\n Materials parts 48,938 23,710\n Customer advances,779\n Net inventories $ 106,794 $ 84,199"
}
{
    "_id": "d1b347a32",
    "title": "",
    "text": "cash flow statement\n net inflow £4,256m down £671m £2bn contributions BT Pension Scheme working capital. cash £2,440m down £533m 18% increased cash capital expenditure EBITDA higher tax payments.\n outflows £598m £273m tax benefit pension deficit £619m. £325m acquisition mobile spectrum.\n 2017/18 2018/19. £325m £304m excess refunded. pension deficit payments £2,024m paid dividends £1,504m.\n net cash cost £598m restructuring payments £372m regulatory payments £170m. £225m settlement warranty claims 2015 EE acquisition agreement.\n interest pension deficit payments.\n March\n Cash 4,687\n Tax\ncash 4,256 4,927 6,174\n purchase property (3,637\n Free cash flow 619 1,586 3,055\n received\n paid (531)\n pension deficit payments 2,024\n cash flow 598 828\n sale non-current asset investments\n prepayments spectrum\n refund\n tax (273)\n free cash flow 2,440 2,973 2,782"
}
{
    "_id": "d1b3bfd5c",
    "title": "",
    "text": "table shows carrying amounts estimated values debt excluding lease liabilities\n Includes borrowings US Dollars.\n December 31, 2019 carrying estimated value exclude lease liabilities.\n Company remeasures amounts equity compensation value. Note 21, “Stockholders’ Deficit share-based compensation. non assets liabilities inventories net property equipment goodwill intangible assets retirement obligations.\n December 31, 2019 31, 2018\n millions Carrying Amount Fair Value\n July 2022 474. 474.\n July 223.\n. December 2020 424.\n. 875% December 2022 421. 421.\n. 25% April 2023 422.\n. 50% September 445. 509.\n. 125% December 2024 421. 458. 421.419.\n. September 2025 397. 441\n. December 2027 420. 431\n. 875% July 2033 445. 528. 445. 453\n foreign 12. 99\n borrowings 89. 168. 170.\n $ 3,774. 4,073. 3,474. 3,535."
}
{
    "_id": "d1b325f2c",
    "title": "",
    "text": "party transactions\n Key management1 compensation\n directors intu properties Executive Committee managerial responsibility.\n 2017 joint ventures intu Puerto Venecia Asturias sold shares subsidiaries Spanish PDMRs. total value at 31 December 2019 €1. 0 million 1 per cent outstanding share capital. sale Spanish MaB free float listing requirements. Group provided interest-free loan PDMRs shares. loans taxable benefit table. repayable cessation employment sale assets. PDMRs sold shareholdings January 2020 February 2020. outstanding loans repaid. balance written off Company.\n Key compensation\n Salaries employee benefits.\n Pensions post-employment benefits.\n Share-based payments.\n."
}
{
    "_id": "d1b31236e",
    "title": "",
    "text": "Cloud Cognitive Software revenue increased 2018 three lines business. Cognitive Applications security services Cloud Data Platforms analytics platforms integration offerings. Transaction Processing Platforms grew improved revenue fourth-quarter commitment mission-critical workloads. revenue $3. 0 billion grew 10 percent.\n.\n Gross margin impacted increased SaaS security services increased royalty costs IP licensing agreements. Pre-tax income driven operational efficiencies.\n 31 2018 2017. Change\n Software\n gross profit $17,224 $16,986.\n margin. 6%.\n Pre-tax income $8,882 $8,068.\n margin."
}
{
    "_id": "d1b3458e0",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n financial statements\n years December 31, 2017 2018 2019\n amounts. Dollars\n. Transactions\n Compensation management\n year December\n 2019\n Remuneration 7,603 7,011\n Short-term benefits\n share-based compensation 1,821 1,992 2,044\n 9,139"
}
{
    "_id": "d1b3685de",
    "title": "",
    "text": ".\n Ended August 31,\n Domestic–federal,675 $69,080 $2,436\n 1,383\n 175,993 178,790 188,872\n 153,701 248,004 191,320\n Deferred\n (24,342\n 17,731 62,105\n deferred 7,529 37,856 (62\n income tax expense $161,230 $285,860 $129,066"
}
{
    "_id": "d1b3ad134",
    "title": "",
    "text": "net sales customers\n sell parts three customers no volume commitments subject orders.\n No other customer 10% sales. focus broadening customer base market.\n Changes orders results. customer reduces business results\n Years Ended December 31,\n Cummins Inc. 16. 1% 15. 2% 13. 4%\n Honda Motor Co. 11. 6%. 5%.\n Toyota Motor Corporation 9. 6%. 5%."
}
{
    "_id": "d1b3061a4",
    "title": "",
    "text": "Financial Condition Liquidity Capital Resources\n cash balances future cash flows credit facility operations. flows outside U. S. $83. 2 million April 27, 2019 $69. 9 million subsidiaries outside. repatriated loans dividends income tax expense.\n Cash flow\n Operating Activities\n cash decreased $15. 8 million $102. million $117. million higher income. $42. 2 million outflows higher prepaid expenses lower accounts payable accrued expenses.\n decreased $27. 4 million $117. 8 million. lower net income. $43. 6 million inflows higher accounts payable accrued expenses lower prepaid expenses higher inventory levels.\n Investing Activities\n cash increased $291. 8 million $470. 8 million $179. million paid $422. 1 million Grakon.Pacific Insight Procoplast.\n Investing Activities 2018\n Net cash increased $157. million $179. million $21. 7 million. increase due $130. million acquisitions. purchases property plant equipment higher.\n Financing Activities\n Net cash $217. million $12. 7 million. net borrowings $238. 5 million Grakon. paid dividends $16. 3 million $14. 7 million.\n Net cash decreased $34. million $12. 7 million $47. net borrowings $2. million $30. million. paid dividends $14. 7 million $13. 7 million. common stock. 2017 paid $9. 8 million repurchase common stock.\n Fiscal Year\n Operating activities\n Net Income $91. $57 $92\n Non-cash Items.\n Changes Operating Assets Liabilities.\nCash Operating Activities 102. 117. 145.\n Investing (470. (21.\n Financing Activities 217. (12.\n Exchange Rate Changes Cash Equivalents (11. 26. (10\n Equivalents (162. 66.\n Beginning 246. 294. 227.\n End $83. $246. $294."
}
{
    "_id": "d1b37ee24",
    "title": "",
    "text": "deferred income tax assets liabilities December 31, 2019 2018\n July 2019 established EMEA headquarters Ireland Asia-Pacific headquarters Singapore. transferred regional territory rights Canadian entity operations technology Canada. transfers business one-time capital gain. provision income taxes $29,027 December 31, 2019.\n released valuation allowance against deferred tax assets Canada United States Sweden. third quarter released valuation allowance Canadian deferred tax assets. 6RS released valuation allowance against deferred tax assets United States net operating losses.\n provided deferred income taxes estimated tax cost earnings $292.\n no uncertain income tax positions December 31, 2019 2018. penalties uncertain. no interest penalties tax positions.\n subject to audit tax authorities 2012 through 2019.\nInvestment tax credits R&D income tax expense.\n December 31, 2019 unused non-capital tax losses $209,759 $53,941. $150,707 remaining $59,052 2033 2039. state losses $298,998 December 2019 $116,026). no SR&ED expenditure pool balance. investment tax credits $2,111 $4,179. expire 2035 2039.\n $000's\n Deferred tax assets\n loss carryforwards 59,407\n Temporary differences capital intangible assets\n Stock-based compensation expense\n Accruals reserves\n Share issuance costs\n differences lease assets liabilities\n Investment tax credits\n Valuation allowance\n deferred tax assets 48,020\n differences intangible assets\n(1,374\n (37,341) (5,350)\n 10,679 (1,132"
}
{
    "_id": "d1b36c97c",
    "title": "",
    "text": ". Financial\n Five-Year Summary June 30\n 2019 $1. 2 million costs LPW Technology. 4.\n 2018 $68. 3 million income tax benefits. tax reform. Note 17\n 2017 $3. 2 million loss divestiture.\n 2016 $22. 5 million excess inventory write-down $12. 5 million goodwill impairment $18. million restructuring impairment charges $7. 6 million intangible assets $10. 4 million restructuring early retirement incentive.\n 2015 $29. 1 million restructuring costs workforce reduction facility write assets.\n common shares 2016 2015. million shares repurchase program 2014. repurchased 3,762,200 2,995,272 $123. 9 million $124. 5 million.\n. Financial Condition Results Financial.\n2019 2018 2017 2016 2015\n Summary Operations\n Net sales $2,380. $2,157. $1,797. $1,813. $2,226.\n Operating income $241. $189. $121. $70. $119.\n Net income $167. $188. $47. $11. $58.\n Financial Position Year-End\n Cash equivalents $27. $56. $66. $82. $70.\n Total assets $3,187. $3,007. $2,878. $2,794. $2,902.\n Long-term debt $550. $545. $550. $611. $603.\n Share\n Net earnings\n $3.\n.\n dividend-common.\n Shares\n 47.\n.|. 52."
}
{
    "_id": "d1b378fa6",
    "title": "",
    "text": "allocate expenses allocating. unallocated expenses stock-based compensation amortization restructuring transition acquisition-related costs.\n income\n March 29, 2019 30, 2018 31, 2017\n segment operating income $1,414 $1,584 $1,026\n items\n Stock-based compensation expense 352\n Amortization intangible assets 443\n Restructuring transition 241 273\n Acquisition-related costs\n consolidated operating income (loss operations $380 $49"
}
{
    "_id": "d1b3bedf8",
    "title": "",
    "text": ". Property Plant Equipment\n Depreciation expense $510 million $487 million $442 million 2019 2018 2017.\n Land improvements $ 152\n Buildings improvements\n Machinery equipment 7\n Construction\n Accumulated depreciation (5,906)\n $ 3,574 $ 3,497"
}
{
    "_id": "d1b391f92",
    "title": "",
    "text": "Income Taxes\n years 2019 2018 29,\n income tax expense\n Federal $4,003 $2,945 $3,342\n State 2,144 1,943\n 6,147 4,888,745\n Deferred tax expense\n 1,617 2,363 (1,059)\n Foreign\n State\n deferred 2,063 2,554\n $8,210 $7,442 $4,042"
}
{
    "_id": "d1a740248",
    "title": "",
    "text": "Business Metrics\n financial statements metrics evaluate business performance develop financial forecasts strategic decisions.\n Devices Sold\n wearable devices returns. accessories. Growth rates revenue affected variables types products. prices sales accessories premium services.\n Active Users\n grow community device sales investment software. active user registered Fitbit user three months active Fitbit Premium Coach subscription paired wearable device Aria scale Fitbit logged 100 steps. Active users new existing inactive 90 days. excludes downloaded mobile apps without devices downloaded free versions Fitbit Coach not subscribers paid premium.\n December 31,\n Devices sold 15,988 13,939\n Active users 29,566 27,627 25,367\n Adjusted EBITDA $(128,333) $(31,361) $(52,158\ncash flow,363,327"
}
{
    "_id": "d1b3927b2",
    "title": "",
    "text": "Auditor’s Remuneration\n Group paid auditor historical financial information non-audit services.\n Year-ended 31 March 2019 2018\n Audit Financial Statements.\n audits.\n Total audit fees.\n assurance services.\n non-audit fees."
}
{
    "_id": "d1b3493e6",
    "title": "",
    "text": "leases\n Group earns leasing properties.\n standard shopping centre lease 10 to 15 years. provisions service charge recovery costs review five years. turnover leases percentage sales excess receivable recognised income.\n rental income long lease lengths high occupancy rent reviews.\n future minimum lease amounts\n income statement includes £12. 7 million (2018 £14. 4 million) contingent rents tenants’ turnover.\n 322. 374.\n 788. 987.\n 657.\n 1,768. 2,335."
}
{
    "_id": "d1b33fab2",
    "title": "",
    "text": "5 Goodwill Intangible Assets\n annual impairment assessment unit December 31, 2019 no impairment loss. fair value exceeded carrying value 2. 4%. management judgment impairment. discounted cash flows market multiples analysis. future growth rates cost capital expenditures income tax rates variables. Assumptions internal projections operating plans. discounted cash flows impacted competitive landscape loss customer market place. comparisons. base fair value estimates assumptions unpredictable uncertain. Changes affect fair value conclusions goodwill test.\n Indefinite-lived Intangible Assets\n annual impairment assessment December 31, 2019 2018 no impairment losses.\n $ 10,368\n Accumulated impairment losses (1,244\n 9,124\n 3,700\nGoodwill indefinite 12,824"
}
{
    "_id": "d1b353c42",
    "title": "",
    "text": "December 31, 2019 2018 fair value 2022 Notes determined quoted price over-the-counter market carrying value debt instruments\n capped call transactions purchasers. reduce dilution earnings per share conversion.\n purchased options shares common stock 2022 Notes initial strike price $33. 71 per share conversion price subject anti-dilution adjustments cap price $47. 20.\n cost capped calls $12. 9 million recorded shareholders’ equity not re-measured.\n closing price common stock $78. 08 December 31, 2019 if-converted value 2022 Notes more than principal amounts.\n December 31,\n Fair\n 2022 Notes $215,801 $79,224 189,802 $94,097"
}
{
    "_id": "d1a722f4a",
    "title": "",
    "text": "Expenses\n Group identified items financial performance\n Finance costs\n unsecured notes interest expense lease liabilities.\n note 16 12.\n Data centre rent APDC\n NEXTDC acquired Asia Pacific Data Centre 18 October 2018. landlord three facilities Melbourne Sydney Perth. June 2018 paid rent ancillary APDC $13. 8 million Consolidated Statement Data centre facility costs. AASB 16 2018 ceased depreciation expense finance cost until 18 October 2018 leases derecognised acquisition.\n APDC acquisition costs\n costs incurred. note 26.\n 2019\n Finance costs\n Data centre rent\n APDC transaction costs fees\n Landholder duty acquisition APDC properties"
}
{
    "_id": "d1a739434",
    "title": "",
    "text": ". Operating segments\n. Non-current assets trade receivables pension deferred tax.\n Europe Middle East Africa United Kingdom $6. million $2. Americas States non-current $182. 4 million $171.\n Non-current\n Americas.\n Pacific.\n Europe Middle East Africa.\n."
}
{
    "_id": "d1b3373e4",
    "title": "",
    "text": "Unrecognized Tax Benefits\n recognize tax return positions sustained taxing authority. Interest penalties recorded as tax expense. table reflects changes benefits\n December 28, 2019 $13. 4 million effective tax rate.\n income subject audits assessments. estimate judgmental. provided for foreseeable outcome.\n future results include adjustments tax liabilities statutes limitation. December 28, 2019 changes uncertain tax positions financial position.\n tax years 2016 2015 2014 open for examination. examine prior periods make adjustments loss.\n Fiscal Year\n December 28, 2019 29, 2018 30, 2017\n Unrecognized tax benefit balance $25,224 $18,296 $17,978\n Additions tax positions current year 3,679 1,677 694\n prior years 5,332\ntax\n statute limitations (98) (376)\n Unrecognized tax benefit balance $28,800 $25,224 $18,296\n Interest penalties $59 $71 $67\n Interest penalties"
}
{
    "_id": "d1a71a278",
    "title": "",
    "text": "\n Transportation Systems\n sales increased 27% $849. 8 million 2019 $670. 7 million 2018 ASC 606. driven growth business North America. higher U. S. development New York Boston San Francisco Bay Area. Businesses acquired CTS. sales $74. 4 million. Sales increased Australia development Brisbane currency exchange rates. Sales lower UK development London currency exchange rates. rates CTS sales $22. 2 million strengthening U. dollar pound Australian dollar.\n Amortization Purchased Intangibles $22. 0 million 2019 $5. 2 million 2018.\n increased 28% 2019 $77. 2 million $60. 4 million 2018. higher margins work New York Boston San Francisco Bay Area Brisbane ASC 606. offset losses foreign currency exchange rates. Businesses acquired losses $10.2019 acquisition costs $8. million amortization assets $19. million. exchange rates. dollar CTS operating income $3. 6 million 2019 2018.\n increased 51% $110. 5 million 2019 $73. 3 million 2018. driven amortization intangibles costs. increased $2. 3 million new revenue recognition standard.\n 2019 2018\n Sales $ 849. $.\n Operating income 77.\n Adjusted EBITDA 110."
}
{
    "_id": "d1b38fe7c",
    "title": "",
    "text": ".\n 30 Raw materials $118,608 $110,389\n 272,469 221\n Finished goods 120,716 140,766\n $511,793 $472,292"
}
{
    "_id": "d1b36a8ac",
    "title": "",
    "text": "Consolidated Financial Statements Fiscal Years Ended May 26, 2019 27, 2018 May 28, 2017 millions share. RESTRUCTURING\n Pinnacle Integration Restructuring Plan\n December 2018 Board Directors approved restructuring plan operations Pinnacle cost synergies. incur charges exit disposal. GAAP. reporting actions initiated 2019 estimated costs cash outflows. expect incur $360. 0 million operational expenditures$285. million $75. million non $85. million capital expenditures. incurred $260. 1 million charges$254. million $6. million non actions. three-year period. December 2018 Board approved restructuring plan operations Pinnacle cost synergies. incur charges exit disposal U. GAAP.unable make Pinnacle Integration Restructuring Plan reporting on actions end fiscal 2019 estimated costs cash outflows. incur $360. million operational expenditures ($285. $75. non-cash $85. million capital expenditures. incurred $260. million charges ($254. cash $6. million non-cash for. costs over three-year period. December 2018 Board approved restructuring integration plan operations Pinnacle cost synergies. incur charges for exit disposal activities under U. S. GAAP. unable reporting on actions end fiscal 2019 estimated costs cash outflows. incur $360. million operational expenditures ($285. $75. non-cash $85. million capital expenditures. incurred approximately $260. million charges ($254. $6. million non-cash for actions.expect incur costs Pinnacle Integration Restructuring Plan three-year period.\n recognize pre-tax expenses include charges inception end\n Pinnacle Foods Corporate\n cost goods sold $5.\n cost goods.\n related costs. 116. 118.\n Accelerated depreciation 6.\n Contract/lease termination. 19.\n Consulting/professional fees. 96.\n selling general administrative expenses. 13.\n selling administrative expenses. 252. 254\n Consolidated total $1. $252. $260."
}
{
    "_id": "d1a71d82e",
    "title": "",
    "text": "Amortization Intangible Assets intangible assets acquired business. amortize estimated useful lives. review impairment. Note 6 Consolidated Financial Statements intangible assets amortization.\n Amortization increased 2019 additional amortization developed technology reduction expenses amortized.\n Year Ended May 31,\n Percent Change\n Developed technology $857 13% 14% $758\n Cloud services license support agreements 712 -3%\n -9%\n Total amortization intangible assets $1,689 4% $1,620"
}
{
    "_id": "d1b3a0baa",
    "title": "",
    "text": "Unaudited Pro Forma Results Acquirees\n Autodesk included financial results financial statements revenues results except PlanGrid not material fiscal 2019 2018 results.\n unaudited pro forma financial information summarizes combined results Autodesk PlanGrid 2018.\n includes effects acquisition PlanGrid amortization compensation expense interest debt issuance costs loan agreement. information adjusted pro forma events. informational not indicative results acquisition 2018.\n information 2019 combines historical results adjusted results PlanGrid pro forma adjustments\n Fiscal Year ended January 31,\n Total revenues $2,632. $2,099.\n Pretax loss (157. (724.\n Net loss (200. (734."
}
{
    "_id": "d1b3689e4",
    "title": "",
    "text": "Jack in Box restaurants offer products classic Jumbo Buttery Jack®. breakfast sandwiches eggs tacos curly fries specialty sandwiches salads cream shakes. customize meals. four dayparts breakfast lunch dinner late-night.\n Box first drive-thru restaurants. seating 20 to 100 people open 18-24 hours. Drive-thru sales 70%-operated restaurants. average check $8. 34.\n 21 states one territory Jack in Box growth opportunities. franchisees markets.\n changes company-operated franchise restaurants five years\n Site selections economic analysis demographic data population density traffic competition visibility access parking businesses market penetration. built to brand specifications sites.\n multiple models seating capacities flexibility. economic demographic characteristics site.\n costs restaurant$1. 4 million to $2. 0 million.corporate restaurants constructed leased transactions. initial cash investment reduced to equipment $0. 4 million to $0. 5 million.\n Fiscal Year\n 2018 2017 2016 2015\n Company-operated restaurants\n Beginning 137  276  417  413  431\n Refranchised (135)\n Closed\n Acquired franchisees\n End period 137 276  417  413\n % system 6% 18%\n Franchise restaurants\n Beginning 2,100  1,975  1,838  1,836\n Refranchised\n Closed\n Sold to company\n End period 2,106 2,100  1,975 1,838 1,836\n system 94%\n end period 2,243  2,237 2,251 2,255"
}
{
    "_id": "d1b33eefa",
    "title": "",
    "text": "\n Group reported £29. 2m. Trading profit £128. 5m £5. 5m ahead prior year depreciation £17. 0m higher 2017/18. non-cash £2. 4m due share payments.\n Net interest £7. 9m lower £30. 1m £300m notes October 2023. one-off 2019/20 £35-39m. No taxation losses capital allowances payment £1. 0m received Irish tax.\n Pension contributions £41. 9m £2. 1m higher. Premier Foods £34. 9m largest. 2019/20 £37m administration levy costs £6-8m.\n Capital expenditure £17. 7m £1. 5m lower. 2019/20 increase expenditure £25m growth. Stoke cake manufacturing.\n capital investment £7. 7m £0. 6m 2017/18. higher stock levels European Union.\nRestructuring costs £18. 1m £12. 5m. logistics transformation programme disposal Ambrosia brand.\n Financing fees £12. 2m extension revolving credit facility £300m notes. £5. 6m redemption £6. 6m.\n partial repayment loan Hovis £7. 6m. second tranche 2019/20.\n cash £80. 2m £89. 4m 2017/18. £57. 7m interest £22. 5m repayment. investing £17. 7m 2018/19. 9m. financing £35. 8m £7. 2m. repayment £325m notes 2021 £300m notes 2023 financing fees.\n 30 March 2019 deposits £27. 8m £23. 6m March 2018 revolving credit facility undrawn.\n Adjusted earnings per share\n profit.\n Depreciation.\nnon-cash items 2. 4\n (30.\n Taxation.\n Pension contributions.\n Capital expenditure (17. (19.\n Working capital (7.\n Restructuring costs (18.\n Proceeds share issue.\n Sale property equipment.\n repayment loan 7.\n Financing fees (12.\n cash 29. 28\n cash flow\n activities.\n investing (17.\n financing activities.\n cash equivalents."
}
{
    "_id": "d1b3af286",
    "title": "",
    "text": "table reconciles EBITDA income 2019 2018\n customer 10% operating revenue.\n assets outside. less 10%. Revenue. less 10% revenue.\n Years Ended\n EBITDA $15,987 16,647 12,560\n Depreciation amortization (4,829) (5,120\n Goodwill impairment (6,506) (2\n expenses (7,216)\n Share-based compensation\n Operating (loss income (2,726)\n expense (2,040) (2\n income before taxes (4,766) (1,563)\n Net income $(5,269)"
}
{
    "_id": "d1b33a026",
    "title": "",
    "text": ". INVESTMENTS JOINT\n equity investments 2019 2018 $796. 3 million $776. 2 million. 44% Ardent Mills 50% joint ventures. recognized equity earnings month.\n 2019 purchases $39. 4 million. dividends $55. million.\n 2018 $34. 9 million. dividends $62. 5 million.\n 2017 $41. 8 million. dividends $68. 2 million.\n Consolidated Financial Statements Years May 26, 2019 2018 28, information equity investments\n Net Sales\n Ardent Mills. $3,476. $3,344.\n.\n. $3,671. $3,542. $3,357.\n Gross margin\n Ardent Mills. $281. $386. $340.\n.\n $327. $374.\ntaxes\n Ardent Mills. $151. $197. $152.\n.\n $170. $207. $162."
}
{
    "_id": "d1b33d726",
    "title": "",
    "text": "Recast segment changes.\n 2019 results impacted Red Hat acquisition activity.\n Cloud Cognitive Software profit margin decreased. 7 percent. driven Red Hat acquisition.\n Pre-tax income $7,952 million decreased. percent margin decline. 6 percent Red Hat investments lower income IP agreements.\n.\n Cloud Cognitive Software\n gross profit $17,790 $17,224.\n margin. 7% 77. 6%.\n Pre-tax income 8,882.\n margin."
}
{
    "_id": "d1b3999f4",
    "title": "",
    "text": "Leases\n Right-of-use assets\n majority value leased property Group leases office warehouse sites geographical locations. remaining leases leased motor vehicles sales service engineers operating company locations. average lease term 4. 3 years.\n Leased land buildings plants machinery fixtures tools equipment Total right-of-use assets\n Transition adjustment 1st January 2019 27. 2 7. 1 36.\n Reclassification long-term prepayments 5. 5.\n 7. 4. 11\n.\n.\n Exchange adjustments.\n 31st December 2019 38. 11. 2 51\n Depreciation\n 7. 3. 11\n.\n adjustments.\n 31st December 2019 6. 3. 10.\n Net book value\n31st December 2019. 40."
}
{
    "_id": "d1a73ffe6",
    "title": "",
    "text": "New Zealand sales$6. 7 billion. 3%. 4%.\n sales increased 3. 4% offer satisfaction brand advocacy. Fruit Vegetables VOC direct‐to‐grower quality community perceptions removal single‐use plastic bags.\n Digital F19 sales growth 40% Pick up Same day delivery capacity expansion. VOC NPS 66 Q4.\n growth. market Christmas. Sales square metre increased. 4%. reduction trading space closures. three closed two opened 180 supermarkets.\n 18 gross margin. prices declined. 8% lower deflation.\n CODB increased 25 investment digital IT data.\n EBIT increased 3. 9%. 4. 4% improved cost management.\n ROFE increased 5 bps.\n New Zealand Wine Cellars Endeavour Drinks New Zealand Food.\n F19 F18\n$ MILLION 53 WEEKS 52\n Sales 6,712 6,433 4. 3% 2. 4%\n EBITDA 425.\n Depreciation amortisation (129).\n EBIT 296.\n Gross margin 24.\n Cost business.\n EBIT sales 4.\n Sales square metre 16,626 15,621. 5%\n Funds employed 3,210 2,998 7. 1%\n ROFE 9."
}
{
    "_id": "d1b33143a",
    "title": "",
    "text": "assessing deferred tax assets considered. historical cumulative income strong taxpaying history substantial. federal income tax carryback potential scheduled future reversals differences. positive evidence outweighs negative deferred tax assets March 29, 2019 realizable likely.\n changes unrecognized tax benefits\n $68 million 2019. benefits transfer pricing adjustments interest deductions state income taxes.\n tax benefits $361 million recognized affect effective tax rate.\n interest penalties uncertain tax positions. 2019 $43 million accrued interest penalties unrecognized tax benefits. $17 million 2019. interest payable tax.\n file income tax returns. state foreign jurisdictions. significant tax jurisdictions. Ireland Singapore. tax filings examination tax authorities year. fiscal years 2014 through 2019 subject IRS. federal tax.fiscal years 2014 settled closed with IRS. 2015 through 2019 Irish Singapore.\n timing income tax examinations uncertain amounts paid differ from accrued. resolution periods unrecognized tax benefits could decrease 12 months by $26 million. $26 million affect income tax provision effective tax rate.\n income tax controversies impact statute of limitations jurisdictions.\n Year Ended\n March 29, 2019 30, 2018 31, 2017\n Balance beginning year $378  $248  $197\n Settlements with tax\n Lapse of statute of limitations\n Increase prior period tax positions\n Decrease\n current year\n Increase due acquisition\n Net increase\n Balance end year $446  $378  $248"
}
{
    "_id": "d1b3a84d6",
    "title": "",
    "text": "Non-operating income\n decreased 2018 $653 million gain divestiture WSS PKI. loss equity interest increased $75 million offset $48 million decrease interest expense lower borrowings.\n Interest expense $(208) $(256) $48\n Gain divestiture 653 (653)\n Interest income 42\n Loss equity interest (101)\n Foreign exchange loss\n income $(272) $388(660"
}
{
    "_id": "d1b33e3f6",
    "title": "",
    "text": "taxes\n iSelect 2019 2018.\n 2018\n Income tax refund\n Payroll tax 2,657\n Fringe benefits tax\n taxes 535 3,454"
}
{
    "_id": "d1b3a520e",
    "title": "",
    "text": "taxes\n federal tax rate December 2019 2018 2017:\n December 22, 2017 enacted tax Tax Cuts and Jobs Act law. December 2017 estimate $3. 3 million tax foreign earnings. fourth quarter 2018 finalized additional tax expense. 3 million. write-down deferred tax assets $0. 7 million changes excessive compensation. 2018 finalized tax benefit. 5 million. one-time tax benefit $1. 2 million deferred tax assets 35% to 21%. December 31, 2018 completed accounting impacts Act. law. 2017 estimate $3. 3 million tax. fourth quarter 2018 finalized additional tax expense. 3 million. provisional write-down deferred tax assets. 7 million changes. 2018 finalized calculation recorded tax benefit $0. 5 million.recorded one-time tax benefit 2017 $1. 2 million remeasurement deferred tax 35% 21%. December 31, 2018 completed accounting impacts.\n. 2017 estimate $3. 3 million\n transition tax foreign earnings.\n. fourth quarter 2018\n finalized transition tax calculation tax expense $0. 3 million. 2017\n provisional write-down deferred tax assets $0. 7 million changes Section 162 Internal Revenue Code 1986\n employee compensation. 2018 finalized calculation\n tax benefit $0. 5 million. one-time tax benefit 2017 $1. 2 million remeasurement\n deferred tax 35% to 21%. December 31, 2018 completed accounting impacts\n Act.\n-taxed income. foreign subsidiary earnings. FASB guidance deferred taxes expense.\n December\n2019 2018 2017\n federal income tax rate 21. 35. %\n State income tax federal benefit. 5 4\n credit carryforwards.\n. federal R&D tax credit. 7.\n Tax Reform.\n benefit equity compensation. 6\n Foreign-derived intangible income\n. 6\n operations.\n Tax contingencies. 7 5\n differences. 5\n valuation allowance. 9\n Income Tax 26. 1% 23. 2% 37."
}
{
    "_id": "d1b3766ca",
    "title": "",
    "text": ". SHARE-BASED PAYMENTS\n. Employee Share Option Plan\n approved 9 November 2001 reaffirmed 24 November 2011. 2011. awards executives management personnel performance. awards options over shares vest three years performance measures continuous employment. Each option one ordinary share shares rank equally.\n after vesting date performance criteria.\n Options valued same KMP Note 16(d).\n no new options 30 June 2019 2018 years replaced Rights Plan(b.\n options 30 June 2019\n. original expiry date 2 July 2018. remaining 75,000 options. Board expiry date 30 September 2018.\n. Options EPS hurdle not vest 31 August 2019 minimum performance target. TSR hurdle vest 31 August 2019. minimum target options restricted unexercisable. Section 3b) audited Remuneration Report.\n Grant Date Vesting Expiry Exercise Price. Options. Year\n 2 Jul 2013 2016 30 Sept 2018. 75,000\n 2 Jul 2014 2017 2019. 470,000\n Jul 2015 2018 2020. 1,000,000\n 22 Dec 2016 31 Aug 2019 2021. 1,323,730\n 2,868,730\n average exercise price $1. $3."
}
{
    "_id": "d1b3967cc",
    "title": "",
    "text": "Goodwill Customer Relationships Intangible Assets\n acquisitions Level. December 2019 lives assets 8 years 9 relationships 4 capitalized software 3 trade names.\n amortization expense 2019 2018 2017 $1. 7 billion $1. 8 billion $1. 2 billion. December 2019 goodwill $44. 0 billion.\n Goodwill $21,534 28,031\n Customer relationships amortization $9,809 $8,492\n Indefinite-life assets $269\n Capitalized software $2,957 $2,616\n Trade names $91 $61\n intangible assets $1,971 1,868"
}
{
    "_id": "d1b395a2a",
    "title": "",
    "text": "2019 financial year guidance\n adjusted EBITDA free cash flow 31 March 2019 global macroeconomic outlook foreign exchange rates €1:£0. 15. 5. 22. exclude licence spectrum payments tax restructuring shareholder recharges India change Eurozone. no change structure. report future performance sensitivity foreign exchange performance.\n Reconciliations adjusted EBITDA free cash flow 2019.\n Adjusted EBITDA Free cash flow\n 2019\n 18 14,139. 5,443\n Other activity M&A\n Foreign exchange\n Handset financing settlements\n Guidance basis 13,846. 5,443"
}
{
    "_id": "d1b36ce68",
    "title": "",
    "text": "\n December 31, 2019 2018 unfilled orders four segments\n Customers delay cancel cancellation penalties. changes backlog not indicative sales. Delays cancellations business financial condition results.\n millions\n Semiconductor Test $543. $367.\n System Test 206. 149.\n Wireless Test 42.\n Industrial Automation 17.\n $810. $568."
}
{
    "_id": "d1b3b96f0",
    "title": "",
    "text": "\n revenues increased $710,000 2019. expenses decreased $2. 2 million $1. 7 million salary $742,000 professional service $584,000 customer service $498,000 trade brand marketing $1. 2 million member acquisition.\n Revenues $68,024 $67,314\n $12 $9,587\n"
}
{
    "_id": "d1b306456",
    "title": "",
    "text": ". Discontinued Operations\n 2019 sold Subsea Communications business for $297 million incurred pre-tax loss $86 million translation adjustment losses $67 million guarantee liabilities. purchaser sells two years entitled to 20% net proceeds future sale $325 million. sale SubCom exit telecommunications market significant to sales profitability. divestiture strategic shift operations financial results. SubCom met sale discontinued operations criteria reported Consolidated Financial Statements.\n assessed carrying value SubCom excess of fair value. 2018 recorded pre-tax impairment charge $19 million included in discontinued operations Consolidated Statement.\n agreed performance guarantees letters of credit SubCom. guarantees $1. 55 billion expire 2025 majority 2020. fair value guarantees $12 million recognized pre-tax loss on sale.agreement issue $300 million performance guarantees projects SubCom three years. 2019 no new guarantees. contractual recourse against.\n table income (loss from discontinued operations SubCom business prior divestitures\n $19 million impairment charge sale.\n $19 million credit postretirement benefit plan.\n Net sales $ 41  $ 702  $ 928\n Cost sales 602 653\n Gross margin 100\n Selling general administrative expenses 48\n Research development engineering expenses 39\n Restructuring charges\n Operating income (loss (17) 188\n Non-operating income 22\n Pre-tax income (loss 210\n Pre-tax gain (loss) on sale\n Income tax) benefit\n net taxes $ (102) 143"
}
{
    "_id": "d1b343388",
    "title": "",
    "text": "GAINS\n disposal gains RMB8,492 million 31 December 2019\n gains RMB4,859 million (2018 RMB1,661 million dilution equity interests. Internet\n net gains RMB3,633 million (2018 RMB1,271 million disposals investments.\n value gains FVPL RMB9,511 million December 2019\n gains RMB1,886 million (2018 RMB22,215 million reclassification investments conversion ordinary\n gains RMB7,625 million (2018 RMB6,523 million fair value changes FVPL.\n gains disposals 8,492 2,932\n Net fair value gains FVPL 28,738\n Subsidies tax rebates 4,263 3,456\n Impairment acquisitions\ngains 27 38 1,647 1,019\n Dividend 1,014\n Donations Charity Funds\n 19,689"
}
{
    "_id": "d1b37ae6e",
    "title": "",
    "text": "Obligations\n debt leases projects-party consulting firms. obligations December 31, 2019\n Payment\n 1-3 3-5\n Long-term debt $334,500 $17\n Operating lease obligations 82,895 9,434 47,410 15,226\n Software subscription obligations 18,726 12,371 6,355\n $436,121 $39,055 $371,015"
}
{
    "_id": "d1b38d1cc",
    "title": "",
    "text": "Registrant’s Equity Stockholder Matters Issuer Purchases Securities\n ADTRAN’s common stock traded NASDAQ Global Select Market. February 19, 2020 163 stockholders 6,972 owners. table high low closing prices share common stock.\n Fourth\n $15. $17. $11.\n $10. $13."
}
{
    "_id": "d1b317aa8",
    "title": "",
    "text": "Intellectual Property Development Income\n Licensing decreased. percent 2019 2018. due decline partnership agreements. licensing transfers vary economic conditions industry consolidation patents know-how development.\n December 31 2018. Change\n Licensing royalty fees $367 $723 .\n Custom development income 246 275.\n Sales transfers 34.\n $648 $1,026."
}
{
    "_id": "d1b38772c",
    "title": "",
    "text": "2017 Restructuring Plan\n September 15 2016, Board approved restructuring global capacity infrastructure. headcount reductions cost capacity realignment cost locations.\n $195. million complete August 31, 2019.\n tables liability activity\n Employee Severance Benefit Lease Asset Write-off\n Balance August 31, 2017 $ 33,580 $1,665 $38,388\n Restructuring charges 16,269\n Asset write-off non-cash activity\n Cash payments (31,591)\n Balance August 31, 2018 18,131 2,684\n Restructuring charges 16,029\n Asset write-off non-cash activity (494)\n Cash payments (30,504)\n Balance August 31, 2019 $3,162  $1,980"
}
{
    "_id": "d1b3692cc",
    "title": "",
    "text": ". Government grants\n creditors\n grant accelerate research global navigation satellite systems.\n 2019 2018\n £ million\n Current. 7\n Non-current.\n."
}
{
    "_id": "d1a719d6e",
    "title": "",
    "text": ". RECONCILIATION LIABILITIES FINANCING\n cash flows proceeds repayments interest settlement swaps bonds.\n Bank loans Finance lease liabilities Interest financial instruments\n 1 April 2017 8,726. 2,306. 3 198. 142. (245.\n Financing cash flows (506. 222. (379. 61.\n Non-cash changes\n value adjustments (65. 107.\n Amortisation bond discount.\n Foreign exchange movements (273. (58.\n Acquisition subsidiary 31. 8.\n Additions finance lease.\n 383.\n.\n (335. (27. (65. 375. 119.\n 31 March 2018 7,884. 2,501. 104. 137. (64."
}
{
    "_id": "d1b3287ae",
    "title": "",
    "text": "\n Recurring software support maintenance transactions managed services. Non-recurring revenue software licenses hardware resale project client services.\n 2019\n Recurring revenue decreased December 2019 attrition EIS growth subscription revenue. sale OneContent business 2018. acquired EIS October 2, 2017 contributed $13 million recurring revenue first quarter 2018 $1 million acquisition deferred revenue adjustments. Non-recurring revenue increased higher sales software licenses 2019 offset lower client services revenue.\n recurring non-recurring revenue total revenue 79% 21% 2019 81% 19% 2018.\n increase revenue driven by revenue EIS Business Practice Fusion. revenue includes acquisition deferred revenue adjustments totaled $24 million $29 million. growth revenue driven by incremental revenue acquisitions.\nincrease revenue 31, 2018 2017 driven revenue EIS Business Practice Fusion. revenue includes acquisition deferred revenue adjustments totaled $24 million $29 million. growth recurring non-recurring revenue driven revenue acquisitions.\n 2019 Change\n Recurring revenue $1,395,869 $1,411,742 $1,176,720.\n Non-recurring revenue 375,808 338,220 320,988. 1%. 4%\n Total revenue $1,771,677 $1,749,962 $1,497,708. 2%."
}
{
    "_id": "d1b36c6de",
    "title": "",
    "text": "Cash Flow\n monitor business performance without depreciation amortization compensation. deferred revenue unbilled accounts receivable.\n net cash impacted by invoicing bonus payments payroll tax payments. capital expenditures purchases property equipment computer hardware software costs leasehold improvements.\n 2019 cash flow impacted $23. 6 million new headquarters San Mateo California. Capital Resources Cash Flows.\n Fiscal years July 31,\n Net cash operating activities $116,126 $140,459\n capital expenditures (48,857)\n Free cash flow $67,269 $128,448"
}
{
    "_id": "d1b2f4a30",
    "title": "",
    "text": "benefit obligations unfunded retirement plans. retirement plan.\n Accrued benefit liability\n September 30 2019 2018\n deferred losses $6. 3 million $5. 3 million.\n net deferred loss 30 2019 $229 thousand.\n Current benefit liability $335\n Non-current\n Total $7,239 $6,508"
}
{
    "_id": "d1a72ba82",
    "title": "",
    "text": "Subsidiary includes credit facility South African December 2015, African Credit long-term credit Colombian 2014 Brazilian 2014 Credit Banco Nacional de Desenvolvimento Econômico Social note October 2018 Kenya U. S. debt seller-financed acquisition. Eaton Towers subsidiaries.\n subsidiary debt December 31,\n Includes deferred financing costs.\n original principal amount 830. million ZAR. 2016, borrowed additional 500. million ZAR. accrues interest variable rate. South African Credit Facility.\n COP original principal amount 200. billion COP. accrues interest variable rate. Colombian Credit Facility variability interest rates. Facility\n Denominated BRL original principal amount 271. million BRL. accrues interest variable rate. Brazil Credit Facility.\nDenominated USD original principal $51. 8 million. loan agreement Kenya Debt future installments three years note origination.\n seller-financed acquisition. USD original principal $2. 5 million.\n Eaton Towers Acquisition. multiple currencies USD EUR XOF. principal outstanding December 31, 2019.\n 2019 Company repaid outstanding USD debt.\n South African Credit Facility Colombian Credit Facility principal interest payable quarterly. Outstanding principal unpaid interest due payable maturity. South African Credit Facility prepaid. Colombian Credit Facility prepaid limitations.\n secured liens towers borrower.\n agreements contractual covenants restrictions. default interest unpaid fees due payable.\n Carrying Value Interest Rate Maturity Date\n South African Credit Facility 288.$20. $40. December 2020\n Colombian Credit Facility 79,647. 109,193. $24. $33. April 24 2021\n Brazil Credit Facility 65. $16. $24. January 15 2022\n Kenya Debt 29. $29. $51. October 1 2021\n. Debt. $2. January 1 2022\n Eaton Towers Debt\n 238. $238.\n 26. $29.\n 16,836. $28.\n 3,319."
}
{
    "_id": "d1b33989c",
    "title": "",
    "text": ". Loans borrowings\n collateral swaps £638m £525m 2016/17 £702m.\n carrying values amortised cost accrued interest value adjustments. final repayments hedging. borrowings 31 March 2019 2018 2017 unsecured.\n liabilities\n bonds 1,367 1,702 1,539\n Finance leases\n Bank loans\n loans overdrafts\n liabilities 2,100 2,281\n Non-current liabilities\n bonds 14,586 11,789 9,866\n Finance leases\n loans\n non-current liabilities 14,776 11,994 10\n 12"
}
{
    "_id": "d1b3a9052",
    "title": "",
    "text": "LIABILITIES\n Series A-1 Preferred Stock June 2017 Company issued warrant variable consideration September 2018. instrument derivative ASC 815 “Derivatives Hedging. accounting derivative warrant fair value inception balance sheet expiration. change fair value recorded liabilities. reassesses classification. classification changes contract reclassified. September 19, 2018 warrant liability $4. 5 million reclassified equity.\n Monte Carlo Valuation model fair value warrant. expected volatility estimated recent historical period weighted average life instrument.\n risk-free interest rate United States Treasury rate life equity instrument. volatility share price. dividend yield zero no plans. determines expected term warrant awards contractual term.\n assumptions\n Expiration December 31, 2017\n Risk-free interest rate. 3% -. 5%.\n Expected life. Years.3\n volatility 65% 70%\n Dividends"
}
{
    "_id": "d1b3316ec",
    "title": "",
    "text": ". ASSET UNDER DEVELOPMENT\n 2018 Hilli FLNG conversion reclassified $1,296 million equipment balance December.\n 2018 Keppel conversion Gimi FLNG reclassified $20. million development.\n February 2019 agreement BP FLNG unit Gimi Greater Tortue Ahmeyim project 20-year period 2022.\n April 2019 shipyard Final Notice Proceed conversion. sale 30% capital Gimi MS First FLNG Holdings. estimated conversion cost $1. 3 billion.\n January 1 1,177,489\n Additions,849\n Transfer vessels\n non-current assets\n Interest costs 10,351\n December 31 434,248"
}
{
    "_id": "d1b3c0eaa",
    "title": "",
    "text": "2017 2018\n table summarizes cash flows operating investing financing\n Cash increased $60. 1 million $223. 6 million to $283. 7 million 2018. $103. 7 million offset $23. 5 million working capital $15. 3 million interest decrease $4. 8 million.\n increased $618. 4 million $74. 6 million to $693. million 2018. $591. 5 million decrease short-term investments $43. million. offset $14. million payments Gastrade $2. 1 million interest income.\n increased $360. 8 million $7. 3 million to $368. 1 million 2018. $244. 2 million proceeds borrowings decrease bank loan bond repayments $165. 3 million increase $69. 2 million Series B C Preference Units.Series A Units 2017\n $20. 6 million CCS termination. offset decrease $81. million GasLog increase $57. million dividend.\n December 31,\n 2018\n. dollars\n operating $223,630 $283,710 $60,080\n investing (74,599) (692,999 (618,400\n financing 7,265,120 360,855"
}
{
    "_id": "d1b3573f6",
    "title": "",
    "text": "June 30, 2018 investments\n $323. 1 million short-term. certificates deposit time deposits $3. 6 million long-term non- current assets.\n Amortized Cost Unrealized Gains Losses Fair Value\n.\n Debt Investments\n. treasury securities $52,809\n Agency securities 22,097\n Certificates deposit time deposits 58,824\n Commercial paper 35,372\n Corporate debt securities 158,538\n Total investments $327,640"
}
{
    "_id": "d1b3b8728",
    "title": "",
    "text": "Strategic Investments\n December 2019 minority investment Talespin. $8. million 13% equity ownership. equity.\n non-marketable investments\n Accounted cost adjusted price changes $1,750\n equity method\n non-marketable investments $9,750 $1,250"
}
{
    "_id": "d1b300fb0",
    "title": "",
    "text": "Contractual Obligations\n include finance lease facility leases computer equipment data telecommunication services principal interest debt pension fund obligations.\n December 31, 2019 minimum annual payments. uncertainty cash cash settlements. $189 million uncertain tax positions interest penalties $25 million excluded obligations. Note 15 “Income.\n short-term long-term debt obligations Note 12 finance lease Note 5.\n operating lease obligations Note 17 “Commitments.\n Payments due period\n MILLIONS) Total 2020 2021 2022 2023 2024\n Finance lease obligations $162 $61 $42 $29 $15 $7 $8\n Operating leases 574 136 99 75 53 40 171\nobligations 1,639 627 295\n Long-term debt 8,164 854 2,399 3,710\n 1,038 354 315\n Pension fund obligations 28\n $11,605 $2,060,453,922 $4,083"
}
{
    "_id": "d1b3c41c2",
    "title": "",
    "text": "Land Property Equipment\n cost depreciation amortization. computed estimated useful lives. machinery equipment 5 to 7 years office computer research equipment to 5 years. renewals improvements capitalized.\n Depreciation amortization expense $0. 6 million $0. 8 million 2018. assesses long-lived assets impairment. carrying value exceeds cash flows impairment loss. carrying value fair value.\n acquired 16 acres sold4 acres 2015$264,000. owns 12 acres. unsold land held-and-used March 31, 2019 2018.\n fixed assets\n Land $672\n Machinery equipment 1,372\n Office 5,267\n Leasehold improvements 798 1,238\n $8,109 $8,381\n depreciation amortization (6,811)\nequipment $1,298,601"
}
{
    "_id": "d1b3c19d6",
    "title": "",
    "text": "\n average market value share 2019 386. 372. shares 31 March 2018 vested vesting period. Shares vesting good leavers rules.\n 1 April,791 776,045\n Dividend shares awarded 9,778\n Forfeited (75,986)\n (365,162) (19\n 31 March 320,872\n 31"
}
{
    "_id": "d1b3ada80",
    "title": "",
    "text": "Assets Measured Value\n March 31, 2018\n no transfers Level 1 2 2019. unobservable inputs.\n Quoted Prices Active Markets Instruments Inputs Balance\n Cash equivalents\n Money market mutual funds $121.\n Deposit accounts 641.\n Commercial Paper.\n Government agency bonds.\n Short-term investments\n Marketable equity securities.\n Corporate bonds debt 542.\n deposits.\n Government agency bonds 723.\n Municipal bonds taxable.\n Total assets measured fair value $123. $2,072. $2,196."
}
{
    "_id": "d1b3ac8d8",
    "title": "",
    "text": ".\n headquarters Culver City California 8,000 square feet Shared Services Agreement NantWorks. administration sales marketing research development engineering client support professional services. 5 U. S. locations four states one international. facilities\n Boston Massachusetts\n Panama City Florida\n Philadelphia Pennsylvania\n Phoenix Arizona\n Belfast Northern Ireland\n February 3, 2020 Connected Care business Panama City Florida property.\n facilities adequate additional space expansion.\n table facilities location square footage use\n Boston MA 31,752\n Panama City FL 51,288\n Belfast 15,500\n Phoenix AZ 4,865\n Philadelphia PA 14,183\n 117,588"
}
{
    "_id": "d1b3c2944",
    "title": "",
    "text": "deferred tax assets liabilities.\n increase liability attributable bonus depreciation assets 2019.\n federal NOL carryforward $255. 4 million. incurred TCJA indefinite carryforward period. deferred tax liabilities property plant equipment expected reverse full utilization NOL carryforward. valuation allowance. North Carolina Investing Business Property Credit North Carolina Jobs Credits $4. 9 million Georgia Job Tax Credits $2. 6 million. 7%. credits utilized before expire $5. 6 million valuation allowance recorded October 31, 2019. North Carolina credits 2018 remaining credits expire 2020 2023.\n Deferred tax liabilities\n Property plant equipment $148,505 $88,351\n Prepaid other assets\n tax liabilities 150,416 90,102\n tax assets\nexpenses 8,172\n Inventory,155\n stock 7,528,280\n credits 9,333 12,235\n loss 54,461 6,481\n deferred tax 76,284 27,309\n liabilities,132,793"
}
{
    "_id": "d1a73afdc",
    "title": "",
    "text": "Tax\n NBV Net book value\n Deferred tax assets liabilities offset enforceable set-off assets liabilities fiscal authority.\n Deferred tax assets\n Balance 1 April 2017. 2. 8.\n Effects SFRS(I) 15.\n Balance 1 April 2017. 8 2.\n income statement. 9.\n Balance 31 March 2018. 10. 11.\n Accelerated tax\n Deferred tax liabilities$\n Balance 1 April 2017 (285.\n Effects SFRS(I) 10."
}
{
    "_id": "d1b358abc",
    "title": "",
    "text": "FINANCIAL STATEMENTS data\n 13 Derivatives\n earnings cash flows foreign currency interest rates. use derivative instruments contracts interest rate swaps.\n credit risk nonperformance. manage risk rated institutions netting agreements.\n derivative gains losses recorded loss until earnings reclassified cost goods sales. transaction reclassify gains losses income.\n hedge effectiveness terms no adverse developments risk. No ineffectiveness Consolidated Statement Earnings twelve months 2019.\n Foreign Currency Hedges\n contracts mitigate currency risk. cash flow hedges recorded Balance Sheets fair value.\n monitor currency exposure add cash hedges. December 31, 2019 net unrealized gain $655 loss $595 income 12 months. foreign currency forward contracts outstanding $8,011 December 31, 2019.\n Interest Rate Swaps\nuse interest rate swaps convert revolving credit facility balance from variable to fixed. agreements fix interest rates on $50,000 long-term debt through February 2024. difference recognized as adjustment interest expense settled.\n swaps cash flow hedges changes fair value recorded in loss. estimated net gains earnings approximately $82.\n location fair values of instruments hedging instruments Balance Sheets shown\n Company foreign currency assets liabilities balance ASC 210-20. assets $648 liabilities $68 at December 31, 2019.\n swaps assets $82 $576\n $580 $393"
}
{
    "_id": "d1b3b8c3c",
    "title": "",
    "text": "Deferred Tax Assets Liabilities\n summarized\n deferred tax assets. increase valuation allowance fiscal year 2019 related net operating loss non-U. S. unrecognized tax benefit deferred tax assets. decrease tax credits one-time transition tax.\n Company intends reinvest earnings foreign subsidiaries deferred tax liability. earnings approximately $1. 9 billion. estimated unrecognized deferred tax liability approximately $0. 2 billion.\n Fiscal Year Ended August 31,\n Deferred tax assets\n Net operating loss $183,297 $119,259\n Receivables 6,165\n Inventories 9\n Compensated absences 10,401\n Accrued expenses 81,731\n Property equipment differences depreciation amortization 66,268 97\ncredits 42,464 70\n 15,345 25,887\n 2,179\n Cash hedges 9,878\n capital loss 7,799\n Revenue 19,195\n 21,907\n deferred tax,689 445,785\n (287,604)\n $202,085 $222,298\n Unremitted earnings foreign subsidiaries 75,387\n Intangible assets 39,242\n liabilities $119,076,431\n $83,009 $103,867"
}
{
    "_id": "d1b3554b6",
    "title": "",
    "text": ". Selected Financial Data table presents consolidated financial data dates. income three years March 2019 2018 2017 financial position derived from I Item 5.\n Operating Financial Review Prospects” financial statements Annual Report Form 20-F. income March 2016 2015 financial position March derived from statements not.\n References “net correspond/(loss). Gross Revenue adjusted financing credit terms.\n EBITDA Adjusted EBITDA supplemental financial measures. EBITDA net income before interest tax expense depreciation amortization debt issuance costs.\n Adjusted adjusted-sale financial assets profit/loss trading liabilities costs equity share based payments Loss sale property equipment Loss de-recognition financial assets amortized cost\nCredit impairment loss financial liability notes deconsolidation subsidiary impairment goodwill trademark film content rights advances.\n Gross Adjusted EBITDA amortization films content rights. not performance GAAP.\n operating cash flows. information capital structure borrowings interest costs capital expenditures working capital movement tax position.\n Year ended March 31,\n share\n Revenue $270,126 $261,253 $252,994 $274,428 $284,175\n Cost sales (155,396) (134,708) (164,240\n Gross profit 114,730 126,545 88,754 101,664 128,398\n Administrative costs (87,134) (68,029) (63,309) (64,019) (49,546)\nprofit item 27,596 58,516 25,445 37,645 78,852\n Impairment loss (423,335)\n,739 58,516 25,445\n finance costs (7,674) (17,813) (17,156\n,321 14,205 (3\n before tax (403,125 22,494 25,999 62,508\n Income tax (7,328) (9,127 (11,039)\n $(410,453(9,745 $11,455 $13,288 $49,330\n.\n.\n ordinary shares\n 70,707 62,151 59,410 57,732 54\n,170 63,482 60,943 59,036 54\n non-GAAP measures\nRevenue $304,593 $268,069 $252,994,428,175\n EBITDA,188 $20,548\n $103,845,955\n EBITDA $234,000 $198,240,980 $218,404"
}
{
    "_id": "d1b3c4fb4",
    "title": "",
    "text": "Management\n Singtel Group Optus.\n cash flow grew. 2% S$3. 65 billion. lower capital expenditure taxes dividends.\n cash inflow declined. S$5. 37 billion. Dividends. 0% Telkomsel Southern Cross NetLink.\n declined.$5. 37 billion. Dividends. 0% Telkomsel.\n investing cash outflow S$2. 33 billion. Singtel$118 million.$123 million Videology million. Airtel. expenditure S$1. 72 billion$587 million Singtel. Optus. investments$215 million infrastructure$183 million mobile networks$189 million ICT. investing cash outflow$2. 33 billion. million. million Videology million. Airtel. expenditure$1. 72 billion$587 million Singtel. 13 Optus.Singtel capital investments$215 million infrastructure$183 million mobile networks$189 million ICT investments.\n Optus investments mobile networks A$633 million.\n.\n cash outflow financing S$3. billion. interest S$385 million S$1. 75 billion final dividends 2018. 11 billion interim dividends 2019 net borrowings S$222 million.\n Financial Year ended 31 March\n cash inflow 5,368.\n cash outflow investing (2,329).\n financing (3,056) (4.\n change cash balance.\n Exchange effects cash balance\n.\n end 513.\n Singtel 1,242 1,126.\n Optus.\n dividends 1,402 1,492.\n Group free cash flow 3,650.\n 1,028.\noperating revenue 10% 14%"
}
{
    "_id": "d1b31c9e0",
    "title": "",
    "text": "periodic benefit cost components fiscal year\n Changes presentation adopted ASU 2017-07 2019 changed financial statement service costs components. service cost operating income other components separate line below earnings pension post-retirement expenses. plan administrative expenses cost expected return plan assets. prior year components long-term rate return current year.\n service costs amortized participation to full eligibility. Unrecognized gains losses amortized “corridor net gain loss 10% PBO market-related value. Qualified Plan losses amortized lifetime. SERP lifetime inactive postretirement health plans lifetime inactive.\n Qualified Plan\n Interest cost $19,825 $19,463\n Expected return on plan assets (26,334)\n Actuarial loss 2,754 3,331 4,455\nbenefit credit,755,673,467\n Service cost\n Interest 2,894\n Actuarial loss 1,207\n service\n $4,402 $5,068 $5,517\n Postretirement health plans\n Interest cost $997 $1,003\n loss\n $838 $928 $1"
}
{
    "_id": "d1b3621de",
    "title": "",
    "text": "Accounting Fees Services\n table Deloitte & Touche LLP firms affiliates 2019\n audit financial accounting filings.\n tax compliance services.\n annual subscription Deloitte Accounting Research Tool searchable on-line accounting database.\n Audit fees $3,454,348 $3,589,147\n Tax fees 546,618 931,017\n other fees 1,895\n $4,002,861 $4,522,059"
}
{
    "_id": "d1b37937a",
    "title": "",
    "text": "Unrecognized Tax Benefits\n reconciliation unrecognized tax benefits excluding interest penalties\n tax benefits $323 million $296 million tax January 31, 2020 February 1, 2019. $313 million $266 million benefit VMware income tax rate. includes interest penalties. accrued $48 million $56 million interest penalties January 31, 2020 February 1 2019. tax expense February 1 2019 interest penalties uncertain tax positions $15 million. penalties not significant January 31, 2020 February 2, 2018.\n Dell-owned EMC consolidated group audit IRS. income tax matters concluded 2015. examination years 2015 2019. under corporate income tax audits states non-U. jurisdictions.\n tax years non. jurisdictions vary 2008. Audit settlements uncertainty.considering tax examinations statutes limitations ruling requests unrecognized tax benefits $17 million 12 months.\n Year\n January 31, 2020 February 1 2019 2 2018\n $385 $305 $265\n current year\n Additions 116 57\n prior years\n Additions 98 44\n Reductions\n Settlements (28)\n Reductions statute limitations\n Foreign currency effects\n end year $479 $385 $305"
}
{
    "_id": "d1b301456",
    "title": "",
    "text": "weighted-average value options assumptions\n valued Monte Carlo Valuation Method\n June 30, 2019 total compensation cost unvested stock option awards $24. 1 million recognized 3. years.\n No cash settle equity instruments share-based compensation arrangements.\n capitalized compensation costs.\n June 30 2019 cash $35. 6 million options. tax benefit $2. 9 million.\n 2018 cash $54. 4 million. tax benefit $1. 5 million.\n 2017 cash $20. 8 million options. tax benefit $2. 2 million.\n Weighted–average fair value options $8. 39 $7. 58.\n assumptions\n Expected volatility 25. 72% 26. 95% 28. 32%\n Risk–free interest rate 2. 57%. 18%. 46%\ndividend. 54%. 50%. 43%\n life. 44. 38.\n 6%\n share price $38. 81 $34. 60.\n service period."
}
{
    "_id": "d1b356866",
    "title": "",
    "text": "tabular reconciliation unrecognized tax benefits interest\n December 31, 2019 2018 $2,495 $220 effective tax rate.\n Company records interest penalties. line consolidated balance sheets. 31, 2019 2018 accrued interest $114 $0 recorded liabilities penalties $252 $0.\n unrecognized tax benefits noncurrent reserve tax positions $864 $220 December 31, 2019 2018.\n. Internal Revenue Service. income tax returns 2012 - 2015. subject tax examinations 2015. files tax returns states. under examination.\n future state net operating losses subject state examinations. carryforward periods 20 years Tax Cuts and Jobs Act.\n Balance unrecognized tax benefits January 1, $1,226 $37,240\n Increases prior years\n Rate change\nsettlements (36,671)\n tax benefits,495 $1,226"
}
{
    "_id": "d1a72a358",
    "title": "",
    "text": "History Development Company\n legal name United Microelectronics Corporation. incorporated. Company Law shares May 1980 shares listed Taiwan Stock Exchange 1985. office. 3 Li-Hsin Road Hsinchu Science Park Hsinchu Taiwan telephone-578-2258.\n Internet website. umc. com. annual report. listed NYSE since September 19, 2000. 2019 ranked top 5% fifth Corporate Governance Evaluation Taiwan Stock Exchange Taipei Exchange. 1,400.\n largest semiconductor foundries leader semiconductor manufacturing. primary business semiconductors. proprietary processes specifications. diversified customer base communication consumer electronics manufacturing high growth large volume applications networking telecommunications internet multimedia.\n sell market wafers applications. percentages wafer sales application years December 2017 2018 2019.\n.\n.\n.16. 13. 6\n 8. 9\n 100. 100"
}
{
    "_id": "d1b30bf14",
    "title": "",
    "text": "31 December 2019 trade receivables net loss allowance £6. 1 million (2018 £4. 0 million.\n Group factoring cash flow.\n loans joint ventures\n applies expected credit loss model. assessed credit risk lifetime credit losses model 12-month.\n 31 December 2019 no loss allowance assets immaterial risk credit loss.\n cash deposits derivative financial instruments\n credit risk managed treasury department. Relationships maintained one institutional counterparties compliance policy credit ratings+ AAA.\n Excessive credit risk avoided authorised limits counterparties.\n 31 December 2019\n #1 125. 64. 111.\n #2 150. 43. 44.\n #3. 38. 27.\n #4. 26. 22.\nCounterparty 75. 20. 150. 12.\n five exposures 192. 217. 8\n cash deposits assets 203. 244.\n exposures risk 89%"
}
{
    "_id": "d1a735816",
    "title": "",
    "text": "6. Selected Financial Data\n five years December 2019 financial statements. notes Item 7 Discussion Analysis Financial Condition Results Operations.\n January 1, 2019 adopted Accounting Standards Codification) 842 Leases modified retrospective method lease obligation right use asset. Results ASC 842 prior ASC 840.\n January 1, 2018 adopted ASC 606 Revenue Contracts Customers modified retrospective method. Results ASC 606 ASC 605.\n Tax Cuts Jobs Act 2017 reduces. corporate tax rate 35% to 21% 2018. income tax expense reduced $50. 6 million December 31, 2017 deferred tax assets liabilities.\n five years 7 acquisitions. added $343. 6 million goodwill. Note 5 consolidated financial statements 8.\n2019 2018 2015\n Income\n Revenues $2,222,559 $1,958,557 $1,717,018\n Operating income $138,325 $112,742 $98\n Net income $113,890 $82,097 $114,141 $56,391 $51\n earnings.\n earnings.\n Dividend.\n Working capital $154,753 $196,652 $138,879 $229,659 $189,276\n Goodwill $1,191,259 $1,085,806\n Total assets $2,107,914 $1,803,871 $1,744,475,598,464,506,424\n Long-term debt $36,500 $7 $31,000"
}
{
    "_id": "d1b3597d2",
    "title": "",
    "text": "purchase between entities. Assets liabilities recorded at Pivotal except goodwill intangible assets Dell. VMware’s previous investment Pivotal unrealized gain loss derecognized. Transactions Pivotal eliminated consolidated financial statements. intercompany transactions balances between VMware Pivotal eliminated.\n effect change to consolidated statements\n January 31, 2020 February 1, 2019 2, 2018\n Total revenue $777 $639 $474\n Operating income (287) (247) (239)\n Net income (204) (832) (234)\n VMware (148) (772) (222)\n share. 63). 95). 56)\n. 67). 93). 56)\n Other income $35"
}
{
    "_id": "d1b32aa36",
    "title": "",
    "text": "Warranty\n warranty liability\n 30\n 2019\n $12,807 $10,584\n Warranties acquisitions\n warranties issued 22,919\n Warranty expenditures (20,947),950\n Balance $14,779 $12,807"
}
{
    "_id": "d1a72d99a",
    "title": "",
    "text": "Financing Receivables Guarantees table summarizes receivables\n leases loans financed service contracts. sales direct-financing. collateralized by security. loan receivables financing hardware software services additional funds network installation. provide financing long-term service contracts technical support. revenue deferred recognized. Financing receivables increased 2%. expect expand financing programs.\n Guarantees third parties provide. leases loans up to three years. guarantees. short-term financing payment terms 60 to 90 days. receivables. derecognized sales payments standard terms.\n channel partner financing $29. 6 billion $28. 2 billion $27. 0 billion 2019 2018 2017. working capital portion. balance financing was $1. 4 billion $1. 0 billion as July 27, 2019 July 28, 2018.nonpayment. payments immaterial. defer revenue record liability. deferred revenue recognized removed. July 27, 2019 payments $218 million $77 million deferred revenue.\n July 27, 2019 July 28, 2018\n Lease receivables $2,326 $2,576 $(250)\n Loan receivables. 5,367 4,939 428\n Financed service contracts 2,360 2,316\n Total $10,053 $9,831"
}
{
    "_id": "d1b38d8b6",
    "title": "",
    "text": "assets Company decreased $76. 4 million December 2019. Entertainment Communications decreased $58. million property equipment increased depreciation 2019 Hawaiian Telcom. IT Services Hardware increased $32. million operating lease right-use ASU 2016-02.\n Corporate assets decreased $50. 2 million decreased receivables. Deferred tax assets liabilities $59. 3 million $11. 7 million. $47. 5 million $11. 4 million. increase deferred tax increased net operating losses.\n Entertainment Communications $1,840. $1,898.\n IT Services Hardware.\n.\n $2,653."
}
{
    "_id": "d1a73ba68",
    "title": "",
    "text": "Restricted Stock Unit Awards\n equity service conditions calculate fair value closing price CenturyLink common stock. equity awards market performance conditions. value calculated Monte-Carlo simulations. specify target shares recipient 0% 200% target. market percentage based shareholder return. performance financial performance targets.\n table summarizes activity restricted stock awards December 31, 2019\n Shares granted performance conditions not finalized December 31, 2019 excluded.\n 2018 granted 9. 7 million shares-average price $17. 02. 2017 granted 5. 2 million $22. 02. total fair value stock 2019 2017 $118 million $169 million $60 million.\n Grant Date Fair Value\n Non-vested December 31, 2018.\n.\n Vested.\n Forfeited.\n-vested December 16."
}
{
    "_id": "d1b37eaf0",
    "title": "",
    "text": "\n maintain pension plans non-U. S. employees. Germany Philippines. managed locally laws regulations.\n expense obligation assumptions discount rates return future inflation rates. historical experience facts circumstances. actuarial analysis expense liability pension benefits.\n Artesyn acquired pension plans balances Consolidated Balance Sheets December 31, expenses. Note. Business Acquisitions.\n ADVANCED. CONSOLIDATED FINANCIAL STATEMENTS\n pension plan discontinued operations. liabilities expenses Consolidated Balance Sheets.\n projected benefit obligation assets pension plans December 31, 2019 2018 assumptions\n Projected benefit obligation $ 33,178 34,498\n Acquisition 48,350\n Service cost\n Interest cost 1,211\n Actuarial loss (193)\n Benefits paid (1,779\n2,223\n obligation 83,262 33,178\n 13,433 14,181\n Acquisitions\n return\n Contributions 644\n Benefits (1,176\n gain 1,064,357\n adjustment\n year $ 14,903 13,433\n Funded (68,359 (19,745"
}
{
    "_id": "d1b3857ba",
    "title": "",
    "text": "Cash\n impacted by invoicing receivable bonus payments payroll.\n positive cash flows fluctuate quarterly. more cash first fiscal quarter October 31, bonuses higher sales commissions increased orders.\n existing cash equivalents liquidity operations 12 months. future capital requirements depend revenue growth expansion sales marketing spending research development investments cloud infrastructure costs expansion other markets.\n invest businesses technologies cash additional financing. summary cash flows consolidated financial statements\n Fiscal years ended July 31,\n operating $116,126 $140,459\n investing activities $(301,433) $(537,584)\n financing activities $3,954 $573,000"
}
{
    "_id": "d1b3c06da",
    "title": "",
    "text": "employee benefit obligations\n Restricted Share Units TORM plc price personnel. RSUs TORM A-share.\n program established shares TORM\n 2017 Board. RSUs management. three-year vesting period one third grant 1 January 2018. exercise price RSU DKK 93. 6 period six months.\n 2018,468 RSU’s management. vesting period three years employees Executive Director. price DKK 53. 12 months. fair value determined Black-Scholes model not material. average contractual life 1. years.\n 2019 1,001,100 RSUs management. three years. exercise price DKK 53. 12 months after vesting. fair value determined Black-Scholes model not material. average remaining contractual life 1. 5 years.\n shares 2019\n 1 January 2,719. 2,611 1,999.\n 1,001.. 6\n Exercised -529.\n Expired -785. -764. -233.\n Forfeited -177.\n 2,228. 2,719. 2,611.\n Exercisable 255. 255."
}
{
    "_id": "d1b310ab4",
    "title": "",
    "text": ". Pensions\n benefit plans\n financial statements\n fair value assets\n 254. 282.\n Interest income 7.\n Employer contributions 6.\n Benefit payments.\n administration expenses.\n Re-measurement gain assets 25. (14\n Exchange adjustment 9.\n Fair value assets 291. 254."
}
{
    "_id": "d1b3c854c",
    "title": "",
    "text": "Contract Estimates\n cost-to-cost revenue recognition dependable estimates revenue cost design manufacture delivery products services. Revisions adjustments transaction price costs completion profit loss required as work progresses experience facts circumstances change new information. costs completion assumptions labor productivity complexity work availability materials wages prices performance subcontractors funding. Revisions price costs required if contract modifications occur. revisions affect operations cash flows result liabilities contracts loss. make reasonable estimates. accounting policies controls arrangements long contracts monitor improve policies. Item 9A Form 10-K.\n Products services long-term fixed-price contracts represented 97% sales 2019. different amounts recorded different assumptions circumstances change.assumptions profit rate fixed-price contracts 2019 operating income $6. 5 million. adjustments revenues costs recognized cumulative catch-up. costs exceed revenue loss recorded.\n impact changes contract estimates table thousands.\n accounting policies sales profits ASC 606 “Revenue Recognition” Note 1 Consolidated Financial Statements.\n Years Ended September 30\n 2019 2018 2017\n Operating income (loss $ (2,235) $ (6,986) 5,737\n Net income (loss) from operations (2,351) (5,146) 3,208\n Diluted earnings per share."
}
{
    "_id": "d1b3c18d2",
    "title": "",
    "text": "2017 Acquisitions\n Cloudmark\n November 21, 2017 acquired shares Cloudmark. leader messaging security threat intelligence. Global Threat Network Nexus platform email social media mobile SaaS security.\n November 21, 2017 acquired shares Cloudmark. Global Threat Network Nexus platform email media mobile SaaS.\n increased messaging threat intelligence malicious domain visibility fraudulent SMS messages. expects savings corporate overhead costs. purchase price estimated fair value acquired assets goodwill recorded.\n Cloudmark Acquisition Date consideration transferred $107,283 cash $31,973.\n unvested stock options restricted stock units Cloudmark canceled exchanged units. fair value $91 pre-combination services. value $1,180 post-combination\n Proofpoint, Inc.Consolidated Financial Statements share amounts\n. unvested awards service $1,180 stock-based compensation service.\n table values liabilities intangible goodwill\n Current assets $37,390\n Fixed assets\n Non-current\n Liabilities\n Deferred revenue\n Customer relationships\n Order backlog\n technology 18,500\n Deferred tax liability (7,905)\n Goodwill 93,776\n $139,256"
}
{
    "_id": "d1b336764",
    "title": "",
    "text": "SCHEDULE II VALUATION QUALIFYING ACCOUNTS\n years ended December millions\n Excludes $5. 6 million reserves notes receivable tax refund receivables 2016.\n Excludes $0. 4 million reserves non-trade receivables.\n Amounts represent gross revenue cost reversals estimated sales returns allowances accounts.\n Amounts 2019 2018 reported accrued expenses current liabilities Product Returns Liability (see Note 4 9).\n Amounts 2019 2018 prepaid expenses current assets.\n Balance Beginning Period Write-offs Balance End Period\n Allowance doubtful accounts\n $1. $1\n.\n. $1\n Allowance sales returns (4)\n.\n.\n $1.\n Allowance inventory returns\n.\n..\n 2017. 6). 5). 6 (3). 5)\n Allowance deferred tax assets\n 2019. 3. 3). 2). 8)\n 2018. 3. 3). 3.\n 2017. 6). 9). 2)."
}
{
    "_id": "d1b30cca2",
    "title": "",
    "text": "GasLog. Subsidiaries\n consolidated financial statements\n 2017 2018 2019\n. Dollars\n. Risk Management\n strong credit rating capital ratios value.\n gearing ratio debt equity.\n December 31,\n 2019\n Borrowings 520,550 255,422\n 2,307,909 2,891,973\n liabilities 6,675\n 199,424 195,567\n debt,558 3,352,325\n equity 1,983,122 1,649,853\n 5,017,680 5,002,178\n Gearing ratio. 48%."
}
{
    "_id": "d1b38fdc8",
    "title": "",
    "text": "Intangible assets\n RIGHTS LICENCES\n licences NEXTDC indefinite useful life carried cost less impairment losses review annually.\n licences cost less accumulated amortisation losses. Amortisation recognised estimated useful life. reviewed annual reporting period.\n INTERNALLY GENERATED\n capitalised cost less accumulated amortisation. life two to three years. impairment reviewed financial year.\n SOFTWARE UNDER DEVELOPMENT\n Costs developing products acquiring software licenses capitalised. materials employee costs.\n Assets construction costs recognised technical feasibility Group use.\n Rights licences Internally generated software Software under development\n 30 June 2019\n Opening net book amount 1 July 2018\n internally developed 11,896\nclasses 2,121,121\n Disposals\n Closing book 7,381 16,284 23,678"
}
{
    "_id": "d1b35cf86",
    "title": "",
    "text": "CO2 emissions FY19\n Tonnes carbon.\n emissions divided revenue millions.\n Auto Trader\n report\n emissions Companies Act\n 2006\n Regulations 2013.\n reporting period financial\n reporting year. methodology\n financial consolidation approach\n Greenhouse Gas Protocol\n Corporate Accounting Reporting\n. Emission\n UK\n conversion factor guidance\n.\n Auto Trader emissions Regulations 2013. reporting financial reporting year. financial consolidation approach Greenhouse Gas Protocol Standard. Emission factors conversion guidance.\n includes fuel electricity gas emissions offices. emissions leased company cars Scope 1.\n revenue intensity ratio indicator growth business strategy. reduction emissions fuel emissions company car fleet. electricity decrease BEIS conversion factors Scope 2 reduction.\n\n Scope 1 263 390 491 565\n Manchester 281 361\n London\n 2 258 437 445\n 521 731 928 1,010\n Revenue. 281.\n Carbon intensity.\n-year -34% -26% -17%"
}
{
    "_id": "d1b3a81f2",
    "title": "",
    "text": "Accrued Liabilities\n 2019\n compensation benefits $12,227 $15,283\n tax 4,354\n Lease 5,109\n 5,553\n $27,756 $25,291"
}
{
    "_id": "d1b30af92",
    "title": "",
    "text": "Expense Net\n December 31, 2019 $6. 6 million compared $0. 5 million December\n 2018. Interest income increased public offering cash proceeds. expense decreased no outstanding borrowings. borrowings “Liquidity Capital. expense $0. 9 million 2019 $0. 6 million 2018 due earnout liabilities. estimate value liabilities quarterly. adjustments decreased acquisition Indix income $1. 7 million offset Compli Portway expense $0. 6 million. fair value Indix acquisition earnout liability decreased December 31, 2019 2019 last three earnout milestones nonfinancial difficult. 2018 adjustments value decreased liabilities prior acquisitions income $0. 4 million.\n December\n 2018\n Impacts Adoption\nthousands\n expense net\n Interest income $(6,037) $(1,553) $(4,484)\n Interest expense 289 2,608 (2,319)\n expense net (865) (583)\n expense $(6,613) $472 $(7,085)"
}
{
    "_id": "d1b33efcc",
    "title": "",
    "text": "Deferred Revenue Customer Liabilities\n majority deferred revenue December 31, 2019. Revenues $3. 7 million recognized. $4. 4 million January 1, 2018.\n majority customer arrangements termination rights high terminations.\n refund liabilities resolved 180 days service levels requirements.\n Deferred revenue $3,012 $3,655\n Customer arrangements termination rights 15,024\n Estimated refund liabilities 8,585\n $26,621 $30,176"
}
{
    "_id": "d1a731540",
    "title": "",
    "text": "income fourth quarter grew $460 million $336 $443 million prior quarters.\n Three Months Ended\n December 31, 2019\n $460 $336 $443\n net revenues. 7%. 1%."
}
{
    "_id": "d1b3304fe",
    "title": "",
    "text": "Intangible Assets\n assessed indicators impairment. triggering event value.\n Amortization expense 2019 2018 2017 $23,671,000 $15,737,000 $16,812,000.\n relationships $336,455 $159,566\n 352,076 165,121\n Accumulated amortization (73,492) (52,942)\n 278,584 112,179"
}
{
    "_id": "d1b35a6c8",
    "title": "",
    "text": "\n cloud subscriptions software licensing maintenance services hardware sales.\n Subscriptions Revenue Manhattan ActiveTM Solutions cloud subscriptions. increased $23. 7 million $46. 8 million 2019. SaaS prefer cloud migrating. Americas EMEA APAC increased $20. 3 million $2. 7 million. million.\n increased $13. 5 million $23. 1 million. Americas EMEA APAC increased $11. 3 million $1. 8 million. 4 million. EMEA 2017 APAC 2018.\n License Revenue increased $3. 5 million $48. 9 million. Americas EMEA increased $6. 1 million. million APAC decreased $2. 7 million. sales 80%.\n revenue decreased $26. 9 million $45. 4 million. extended sales cycles transition. Americas EMEA decreased $15. million.2018 APAC increased $0. 3 million. sales 80% warehouse solutions.\n revenue decreased $26. 9 million $45. 4 million. influenced\n extended sales cycles transition cloud\n. Americas EMEA decreased $15. 7 million $11. 5 million APAC increased $0. 3 million. sales 80% warehouse management solutions.\n increased $2. 2 million first-year revenue annual renewal rate. Americas EMEA APAC increased $1. 4 million $0. 4 million. million.\n increased $4. million first-year annual renewal rate. Americas EMEA APAC increased $1. 1 million $2. 2 million $0. 7 million.\n increased $30. 8 million. Americas EMEA APAC segments increased $17. 8 million $10. 3 million $2. 7 million.\n increased $30. 8 million.Americas EMEA APAC segments increased $17. 8 million $10. 3 million $2. 7 million compared 2018.\n revenue increased $3. 2 million demand Americas growth EMEA. Americas EMEA increased $1. million $6. 9 million APAC decreased $4. 7 million.\n revenue increased $3. 2 million demand Americas growth EMEA. Americas EMEA increased $1. million $6. 9 million APAC decreased $4. 7 million.\n sales decreased $1. 5 million -10% 2019 2018. adopted ASC 606 standard\n January 1 2018 modified retrospective method. hardware sales\n recorded.\n new standard agent control hardware. hardware revenue net cost reduces revenue cost.\n revenue cost periods.\n.\n Total Revenue\n\n Cloud subscriptions $46,831 $23,104 141%\n Software license 48,855 45,368 72,313\n Maintenance 149,230 147,033 142,988\n Services 360,516 329,685 326,502\n Hardware 12,517 13,967 43,190 -10%\n Total revenue $617,949 $559,157 $594,599"
}
{
    "_id": "d1b38ba70",
    "title": "",
    "text": ". Intangible Assets\n December 31, 2019 2018\n Amortization lives. reviews impairment. Amortization expense operations $8,879 $9,150 December 31, 2019 2018\n Customer Relationships Technologies\n carrying amount $52,000 32,000 87,000\n Accumulated amortization (13,866) (18,286) (3,000 (35,152)\n Intangible assets net $38,134 $13,714 $51,848"
}
{
    "_id": "d1b32b67a",
    "title": "",
    "text": "PERFORMANCE MEASURES\n Return on Invested Capital defines earnings before interest tax divided average invested capital.\n returns capital invested.-term value goals. calculated\n Operating profit(loss 205. 2 39\n.\n EBIT less Tax 205.\n capital 1,469. 1,406. 1,387.\n 1,786. 1,469. 1,406\n Average invested capital 1,627. 1,437. 1,396.\n Return on Invested Capital 12. 6%."
}
{
    "_id": "d1a731c70",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n Shareholders Equity\n shares\n December\n 32,750,727 32,938,466\n Repurchases (420,770,100\n Restricted stock issuances 142,449 154,361\n 32,472,406 32,750,727"
}
{
    "_id": "d1b3c0234",
    "title": "",
    "text": "allowance doubtful accounts management estimate uncollectible balances. determine troubled accounts historical experience evidence. write off receivables likelihood collection remote.\n rollforward allowance doubtful accounts\n ended December 31,\n Beginning balance.\n Bad debt expense.\n Write-offs recoveries 1.\n Ending balance."
}
{
    "_id": "d1b2f2640",
    "title": "",
    "text": "National Storage transacted 35 acquisitions 4 sites FY19 acquisitions Australia New Zealand. acquisitions competitive growth strategy. platform efficiencies.\n ARK largest wine storage provider group houses two million bottles wine 15 centres 30 countries. experience storing managing premium wine. FY19 Wine Communicators Australia Sommeliers Association Australia Wine Australia Commanderie de Bordeaux.\n REGION CENTRES\n Brisbane 25,000\n Gold Coast\n Sunshine Coast\n Central Coast\n Wollongong\n Melbourne\n Adelaide\n Perth\n Auckland\n Hamilton\n Rotorua\n Tauranga\n Acquisitions 163,000"
}
{
    "_id": "d1b389748",
    "title": "",
    "text": "unrecognized tax benefit December 31, 2019 2018 $29. 0 million $28. 4 million. noncurrent liabilities. 2019 2018 $28. 2 million $27. 5 million net income tax rate.\n reconciliation tax benefits December 31\n Company files income tax returns U. S. federal state foreign jurisdictions. United States Germany India Ireland Luxembourg Mexico Kingdom Uruguay main. audit vary. 2015 open. foreign jurisdictions 2003 2018.\n Indian income tax returns 2003, 2005, 2016 under audit. subsidiaries face challenges. local authorities tax positions. differing positions affect financial condition.\n unrecognized tax benefits decrease 12 months by $11. 7 million due settlement audits expiration statutes of limitations. accrues interest tax positions recognizes penalties.December 31, 2019 2018 $1. 2 million accrued interest penalties income tax. interest penalties 2019 2018 2017 $0. 2 million. million $. million.\n unrecognized tax benefits $28,406 $27,237,278\n Increases 2,784\n (96\n 2,542 1,185 1,677\n Decreases settlements (220\n Reductions statute limitation (4,462,155\n Adjustment foreign currency translation\n tax year $29,000 $28,406 $27,237"
}
{
    "_id": "d1b38a56c",
    "title": "",
    "text": "Inventories\n December\n Ingredients 1,942 1,580\n Packaging 2,230\n goods 2,220 2,165\n inventories $ 6,392"
}
{
    "_id": "d1b358206",
    "title": "",
    "text": "Operations\n December 31, 2019 2018\n management reviews financial measures service revenue results cash flows. tables results measures.\n Ended December\n 2019 2018 Percent Change\n Data\n Average Revenue Per Unit\n-net $ $ 480.\n-net $ 1,097 $ 1,155.\n Average price megabit $. 62. 82\n Customer period\n On-net 74,554 68,770.\n Off-net 11,660 10,974."
}
{
    "_id": "d1b3c7cfa",
    "title": "",
    "text": "Share Compensation\n expense Consolidated Statements Operations\n $0. 8 million 2017 discontinued operations.\n September 27, 2019 unrecognized compensation costs stock options stock awards units $47. million 2. 9 years.\n Years\n revenue $2,936 $3,869\n Research development 8,551 13,448,565\n Selling administrative 12,305\n $23,792 $31,937"
}
{
    "_id": "d1b302f4a",
    "title": "",
    "text": "FINANCIAL DATA\n consolidated financial statements Annual Report Form 10-K. 2018 2017 Accounting Standards Update 2014-09 Revenue Contracts Codification 606. 2016 2015 not recast. Net income 2018 2019 impacted reduced. corporate tax rate Tax Cuts Jobs Act 2017 adjustment deferred taxes. Acquisitions affected revenue income 2019.\n Revenue includes license service hardware sales returns allowances.\n JUNE 30\n Income Statement Data 2019\n Revenue $1,552,691 $1,470,797 $1\n Net Income $271,885 $365,034 $229,561 $248,867\n earnings per share $3. $4.\n earnings $3.\n Dividends per share $1. 54..\n deferred revenue $394,306 $521,054\n assets $2,184,829,033,058,868,199,815,512,836,835\n-term debt\n equity $1,429,013 $1,322,844,099,693"
}
{
    "_id": "d1b39c2ee",
    "title": "",
    "text": ". Notes related parties\n 2018/19 METRO maintained business relations companies\n Transactions\n services €93 million €96 million real estate leases €79 million €76 million from associates rendering services €15 million €7 million joint ventures. future commitments €667 million €719 tenancy agreements OPCI FWP France OPCI FWS France Habib METRO Pakistan Mayfair group. provided services €8 million. dividend €38 million paid shareholder. Business relations contractual agreements prices. no business relations persons management key positions 2018/19.\n Management Board Supervisory Board METRO AG. expenses €6. 9 million. short-term benefits €3. 7 million. post-employment benefits. €3. million termination benefits. expenses compensation programmes €2. 6 million. short-term compensation Supervisory Board €2.2 million. compensation Management Board 2018/19 €15. 4 million (2017/18 €15. 1 million.\n 2017/2018 2018/2019\n Services 8\n Associates 5\n Joint ventures 3\n Services 96 93\n 78\n Joint ventures 8\n 10\n Receivables services 30/9\n ventures\n Liabilities goods 30/9\n Joint ventures\n"
}
{
    "_id": "d1a7249da",
    "title": "",
    "text": "Stock-Based Compensation Expense\n share-based awards measured grant date fair value recognized Consolidated Statements Operations Comprehensive Loss vesting period.\n Company estimates value stock options Black-Scholes option valuation model expected term volatility risk interest rate dividend yield. estimates uncertainties judgment. compensation expense.\n assumptions estimated\n Fair Value Common Stock. five-day volume average price New York Stock Exchange.\n Term. historical behavior post-vesting period.\n Expected Volatility. price volatility historical volatility.\n Risk-Free Interest Rate. yield U. S. Treasury zero-coupon issues remaining term.\n Expected Dividend. cash dividends expected dividend yield zero option pricing.\n grant weighted assumptions value stock options\n December 2019 31, 2018\n Expected volatility..\n Risk-free interest. 72%\n Dividend yield\n Average life."
}
{
    "_id": "d1b31e448",
    "title": "",
    "text": "financial data\n Vodafone India Idea Cellular.\n 8 per. ten.\n 19 February 2014, for 11” share consolidation 24 February 2014. 52,821,751,216 4,351,833,492 28,811,864,298.\n final dividend 31 March 2019 proposed payable 2 August 2019 7 June 2019. dividends translated US dollars payable US dollars ADS depositary agreement.\n 2019\n Consolidated income statement data (€m\n Revenue 43,666 46,571 47,631 49,810 48,385\n Operating (loss)/profit 4,299 3,725 1,320 2,073\n before taxation (2,613) 3,878 2,792 1,734\n/profit (4,109) 4,757 (1,972) (5,127 7,805\nfinancial year (7,644) 2,788 (6,079) (5,122) 7,477\n financial position data\n assets 142,862 145,611 154,684 169,107,579\n equity 63,445 68,607 73,719 85,136 93,708\n shareholders’ funds 62,218 67,640 72,200 83,325 91,510\n Earnings per\n Weighted average shares (millions\n 27,607 27,770 27,971 26,692\n share (29. 8. 27.\n. 27.\n operations (16. 15. 28.\n Cash\n Amount ordinary share 9. 15. 14.\n. 147.\n ordinary share 11. 45p 11. 22p\nADS 114. 111.\n ordinary share cents 10. 17. 18. 16.\n ADS cents 10. 179. 182. 164. 166."
}
{
    "_id": "d1b34134e",
    "title": "",
    "text": ". Quarterly financial information\n three months September December unrealized gain foreign exchange 2024 Notes $6. million$4. million.\n months\n March 31, June September December 31, 2018\n Service revenue $128,706 $129,296 $130,139 $132,049\n Network operations equity compensation expense 54,875 54,379,660\n Gains equipment transactions 117\n Operating income 20,637 21,354\n Net income 6,784 6,552 8,231\n common.\n 44,923,973,016,767\n,294,697,536,473,635"
}
{
    "_id": "d1b374e60",
    "title": "",
    "text": "compensation Executive Board 2019 2018 2017\n Short-term benefits 17,378 18,652\n Share-based 32,393 23,646 25,723\n 49,771 42,298\n Post-employment benefits 2,825 1,106\n defined-benefit 2,056\n 769\n 52,596 43,404 43,669"
}
{
    "_id": "d1b3b5712",
    "title": "",
    "text": "BALANCE SHEET\n Working capital assets less liabilities. Accounting Standards Update 2015-17. Note 1.\n debt bonds Alabama Industrial Development Authority. matured January 1 repaid January 2 2020. Note 12.\n December 2015\n Working capital $207,599 $237,416 $306,296 $226,367,219\n assets $545,118 $628,027 $669,094 $667,235 $632,904\n Total debt $24,600 $25 $26,700\n Stockholders’ equity $380,426 $446,279 $497,911"
}
{
    "_id": "d1b3278c2",
    "title": "",
    "text": "\n Group adopted IFRS 16 impacts costs Depreciation amortisation profit. Property vehicle rental charges included depreciation includes leased assets. Prior comparatives restated.\n Operating costs controlled administrative expenses increasing 3% £112. 3m £108. 8m.\n People costs increased 3% £56. 4m £54. 8m. salary costs digital offset reduction full-time employees 804. impacted transfer 15 staff Dealer Auction. Share-based payments insurance £5. 9m £3. included costs. increase due Performance Share Plan change senior management. settles senior management incentive scheme shares cash bonuses.\n Marketing spend increased 8% £17. 6m £16.\n Other costs services property overheads controlled increased 2% £29. 4m £28. 7m.\nDepreciation amortisation £8. 9m restated £9. depreciation £2. lease assets restated £1. 9m.\n restated IFRS 16.\n Costs 56. 54.\n 17.\n 29. 28.\n Depreciation amortisation 8.\n administrative expenses 112. 108."
}
{
    "_id": "d1b377840",
    "title": "",
    "text": "Property equipment\n September 2017 sell land buildings Sunnyvale California value $118 million $306 million two closings. sale $66 million cash proceeds $210 million gain $142 million. remaining properties $52 million held-for-sale balance April 26, 2019 27, 2018. sale cash proceeds $96 million second closing 12 months. subject due diligence termination rights closing conditions local approval.\n 2019 27, 2018\n Land\n Buildings improvements\n Leasehold improvements\n Computer equipment\n Furniture fixtures\n Construction-in-progress\n Accumulated depreciation amortization\n Property equipment net $ 759 756"
}
{
    "_id": "d1b35243c",
    "title": "",
    "text": ". INCOME TAXES\n income before consolidated statements\n Income tax expense 2019 2018 2017 $58. 3 million $16. 0 million $266. 7 million. effective tax rate 11. 1% 3. 4% 50. 9%.\n December 22, 2017 U. enacted Tax Cuts Jobs Act Internal Revenue Code. income taxes clarification tax authorities FASB. SEC issued Staff Accounting Bulletin. 118 Tax Accounting Implications Cuts Jobs Act uncertainty. GAAP. Teradyne recorded $186. 0 million additional income tax expense fourth quarter 2017 estimate impact Reform Act. expense $161. 0 million transition tax repatriation foreign earnings $33. 6 million remeasurement deferred tax assets benefit $10. 3 million adjustments uncertain tax positions.2018 Teradyne Tax Reform Act recorded $49. million net income tax benefit. $51. million reduction-time transition tax foreign earnings expense $2. 2 million adjustments tax positions.\n Income taxes\n. $192,442 $189,691 $76,699\n Non. 333,330 278,110 447,713\n $525,772 $467,801 $524,412\n Provision income taxes\n. $19,297,122 $162,679\n Non. 52,810 45,083 64,313\n 67,760,318) 229,615\n. 29,252 43,687\n.\n 37\n Total provision income taxes $58,304 $16,022 $266,720"
}
{
    "_id": "d1b3b9f92",
    "title": "",
    "text": "DEVELOPMENTS RESULTS\n divided interests Teekay LNG Tankers Parent.\n lines business. table presents revenues income Teekay LNG Tankers reconciles consolidated financial statements.\n Teekay Tankers LNG Bahrain Operations. LNG terminal Bahrain. Magellan Spirit LNG carrier chartered Teekay Parent. Teekay Parent chartered LNG carriers March April 2018.\n Revenues Income) operations\n.\n Teekay LNG,256 510,762 299,253\n Teekay Tankers 943,917 776,493 123,883\n Teekay Parent 413,806 451,659 (219,094)\n Teekay Corporation Consolidated 1,945,391 1,728,488 204"
}
{
    "_id": "d1b3be34e",
    "title": "",
    "text": "Note 4. Expenses\n Accounting policy\n Operating lease costs\n charged profit loss term lease.\n Finance costs\n expensed incurred.\n Research development costs\n recognised profit loss expense.\n charged incurred deferred associated integration acquired technology development new technology feasibility. Costs deferred future recoverable. capitalised attributable costs materials services direct labour. Deferred costs amortised from date commercial release expected benefit 2 to 10 years.\n Profit before income tax expenses\n professional advice expense\n Costs acquisitions\n Finance costs\n Interest finance charges\n Unwinding discount provisions\n Finance costs\n Operating leases income statement\n Office rent\n Equipment\n Motor vehicle\n expense operating leases\n Post-employment benefits\n\n incurred 18,478 17,793"
}
{
    "_id": "d1b3a0da8",
    "title": "",
    "text": ". Supplemental Data\n disclosures items\n Ended June 30\n Cost\n Repairs maintenance $120. $108. $99.\n Flow\n Noncash investing financing\n purchases property software $16. $13.\n Cash\n Interest payments $27. $29.\n Income tax payments $27. $33."
}
{
    "_id": "d1b3c1404",
    "title": "",
    "text": "Financial risk management\n Credit risk\n from cash equivalents trade receivables.\n policy. Credit evaluations. receivables monitored.\n credit risk. receivable balances monitored exposure bad debts.\n Revenues data centre services $61. 2 million from two customers (2018 $44. 4 million one 37% (2018 29%) revenue.\n maximum exposure credit risk carrying value financial assets. collateral.\n simplified approach credit losses lifetime loss provision receivables. loss allowance provision 30 June 2019.\n 0 to 30 days 31 to 60 days More than\n Expected loss rate 1% 5%. 20%\n Gross carrying amount 23,762 2,068 28,320\n Loss allowance provision 238 103 59 341\nreceivables 1,965 27,579"
}
{
    "_id": "d1b35e1e2",
    "title": "",
    "text": "Section 6 investments\n group structure controlled entities. changes financial position performance. results.\n. Parent entity disclosures\n accounting policies iSelect Limited same consolidated financial statements subsidiaries cost.\n no contractual contingent liabilities reporting date. iSelect issued bank guarantees letters credit. guarantees.\n 2019 2018\n Financial Position\n 4,297 7,869\n Non-Current Assets 165,165 174,810\n 169,462 182,679\n 92,352\n Net Assets 77,110 89,612\n 111,290 111,066\n Reserves 3,960\n Accumulated Losses (38,140) (24,652\n Financial Performance\n Loss parent entity\n"
}
{
    "_id": "d1b2e7a06",
    "title": "",
    "text": ". Property Plant Equipment Leases\n April 30 2019 2018\n Depreciation amortization $2,802,000 $2,484,000.\n Maintenance repairs $309,000 $466,000.\n Company leases Long Island York headquarters. ten September 30 2029. annual rent $1,046,810 2019 to $1,276,056 2029. real estate taxes insurance charges.\n subsidiaries New Jersey California lease office manufacturing facilities. Jersey office feet. monthly rent $9,673 January 31, 2021. 88 months January 2025. average annual rent $312,000. leases office 27,850 square feet.\n Rent expense 2019 2018 $1. 2 million $1. 7 million. New York building FEI-Zyfer facility.April 30 Balance Sheet deferred rent $236,000 $110,000 periods.\n Buildings $2,692 $2,790\n Machinery furniture 57,157\n 60\n accumulated depreciation (46,811,166\n $13,038"
}
{
    "_id": "d1b3734e8",
    "title": "",
    "text": "Valuation Goodwill\n balances by reporting unit\n represents purchase price fair value assets acquired. not amortized subject to impairment test unit level impairment more-likely-than-not. significant adverse change business climate decision dispose. test goodwill impairment two-step process. fair value unit carrying amount. exceeds second impairment. impairment recorded current period.\n Determining fair value goodwill impairment test judgmental involves estimates assumptions. impairment charge magnitude. Estimates discounted cash flows market multiples from publicly traded comparable companies. future cash flows perpetual growth rate market comparables.\n evaluate units changes operating structure reassign goodwill relative fair value allocation approach. Note 18 Financial October 1, 2017 CMS separate operating segment.changes reporting reassigned goodwill CGD CMS fair values October 1, 2017. estimated fair value CGD CMS market multiples discounted cash flows financial forecasts. flows estimated growth rates financial ratios historical ratios. future cash flows discounted to present value 13% CMS 11% CGD CMS.\n 2019 estimated fair value CTS market multiples CGD CMS multiples discounted cash flow models. cash flows three-year forecasts. estimated growth rates financial ratios historical ratios terminal value. future cash flows discounted to present value 15% CGD 12. 5% CMS. 2019 estimated fair value CTS CGD exceeded carrying amounts over 100% CMS exceeded carrying over 60%.\n negative changes future business market conditions margin compression loss cause goodwill.changes estimates assumptions goodwill affect value units impairment.\n 2019\n millions\n Transportation Systems $ 254. 49. 50.\n Mission Solutions 181. 138.\n Global Defense 142. 145. 270.\n goodwill $. $. 321."
}
{
    "_id": "d1b36fb72",
    "title": "",
    "text": "Income\n decreased $31 thousand 2019 2018 $1. 4 million loss extinguishment repurchase 2022 Notes $1. 1 million increase interest expense convertible notes offset $2. 7 million interest income convertible note common stock.\n Ended December 31,\n expense $ 4,597 $ 4,628.\n revenue"
}
{
    "_id": "d1b3aa1a0",
    "title": "",
    "text": ".\n 31,\n reserves $103. million $100. 8 million.\n Raw material $118,595 $89,365\n Work-process 32,695\n Finished goods 45\n $196,691 $153,541"
}
{
    "_id": "d1b376cb0",
    "title": "",
    "text": ". INCOME PER SHARE\n calculated two-class method earnings allocated common stock participating securities rights dividends. convertible preferred stocks participating securities earnings not obligated net losses.\n Diluted EPS computed net income RiceBran Technologies shares additional. effects options warrants nonvested shares restricted stock units calculated treasury stock method. preferred stock if-converted method.\n reconciliations numerators denominators EPS computations dilutive securities.\n securities December 31, 2019 2018 not included EPS. could dilute EPS.\n December 31\n NUMERATOR loss operations thousands $ (13,735) $ (8,101)\n DENOMINATOR common shares 32,359,316 22,099,149\n\n options 1,024,811 911,264\n Warrants 8,443,547 16,383,944\n stock 224,848 581,680\n Restricted stock units 1,235,287 623,603\n nonvested 659,581 1,169,986"
}
{
    "_id": "d1b3c2bce",
    "title": "",
    "text": "\n recognized. 3 million. 1 million $1. 9 million compensation March 2019 2018 2017\n $211,000 $207,000 $150,000 Employee Stock Purchase Plan.\n revenues $234 $259\n Research development 1,310 1,141\n Selling administrative\n $2,266 $2,070 $1,877"
}
{
    "_id": "d1b3b46be",
    "title": "",
    "text": "Activities\n health life insurance mortgage brokerage energy broadband financial referral services. no significant changes.\n Review results\n Summary results\n non-IFRS information EBITDA Net Profit Earnings Per Share Conversion Ratio Leads Revenue Per Sale. interest profit finance. loss. Consolidated Statement Profit Loss. Non-IFRS information not audited. results iMoney performance losses write-offs discontinued assets operations transactions.\n Reported Underlying Results reconciliation page 112. Review Results Operations\n Restated new Accounting Standards.\n Operating revenue 154,159 176,931 (13%)\n Gross profit 52,963 45,139 17%\n EBITDA 7,202 10,878 (34%\n EBIT (1,040) 1,405 (174%\nNPAT 1,089 (284%\n revenue 154,585 178,139 (13%)\n profit 53,225 45,944\n EBITDA 6,062 (5,700\n EBIT (2,252) (15,278\n (4,360,640\n EPS.\n 22,866 15,739\n 15,151 8,537\n 11,062\n."
}
{
    "_id": "d1b3975be",
    "title": "",
    "text": "GasLog. Subsidiaries\n financial statements\n 2017 2019\n. Dollars\n.\n unearned revenue charter hires 2019 2020 22 vessels 17.\n Unearned revenue 38,680 48,183\n off-hire 7,376\n purchases 18,578 9,759\n interest 38,107 36,746\n accruals 24,709 34,586\n 127,450 136"
}
{
    "_id": "d1b343d6a",
    "title": "",
    "text": ". Revenue Contracts\n Assets\n commission costs upfront payments. current. non-current. amortization contract assets December 31, 2019 2018 $2. 4 million $2. 0 million. no amortized commission costs December 31, 2017.\n review capitalized costs impairment annually. Impairment exceeds. impairment loss contract assets December 31, 2019 2018 2017.\n changes contract assets\n Ended December 31,\n 2018\n Beginning period balance $2,881\n Commission costs upfront payments 4,141\n Amortization assets (2,444) (1,983)\n End period balance $4,578 $2,881"
}
{
    "_id": "d1b3c1cba",
    "title": "",
    "text": ". CREDIT RISK\n principal financial instrument accounts receivable unsecured. doubtful accounts estimated losses. adopted credit policies standards industry growth risk risks by financial stability conservative payment terms strict credit policies.\n Revenue from significant customers 10% or more\n Company provided products to Apple multiple contract manufacturers.\n customers purchase RF Wi-Fi solutions cellular base stations mobile devices.\n Accounts receivable 49% 26%, 40% net accounts receivable balance March 30, 2019 March 31, 2018 April 1, 2017.\n May 16, 2019 Bureau. placed Huawei 68 non-U. S. affiliates future sales license BIS. denied.\n Huawei not prohibited paying accounts receivable credit risks may increased. predict new EAR restrictions Huawei impact business results.\n\n 2019 2018\n Apple Inc. 32%\n Huawei Technologies. 13% 8%"
}
{
    "_id": "d1b3be84e",
    "title": "",
    "text": "\n cash equivalents investments.\n increased $16. 9 million 2019. funds proceeds $600 million common stock convertible note offering March 2018 higher yields.\n Interest Expense\n stated debt discount issuance costs $400. 0 million Convertible Senior Notes March 2018. expense 2019 higher.\n increased $10. 9 million 2019. noncash $12. 2 million debt discount issuance costs stated interest $5. 0 million.\n Income\n foreign exchange gains losses. Argentine Peso Australian Dollar Brazilian Real British Pound Canadian Dollar Euro Japanese Yen Malaysian Ringgit Polish Zloty.\n net currency exchange loss $1. 9 million 2019 gain $0. 5 million 2018 exchange rate movements.\n years July\n$\n Interest income $30,182 $13,281 16,901\n Interest expense(17,334 $(6,442\n income $(1,867) $509"
}
{
    "_id": "d1b30d954",
    "title": "",
    "text": "assets liabilities\n Trade receivables\n due goods services. 30 - 60 days current. recognised unconditional fair value. Group holds collect cash flows measures amortised cost interest method.\n Fair values\n short-term carrying amount same fair value.\n Impairment risk exposure\n impairment policies loss allowance credit foreign currency interest rate risk note 15.\n Interest receivable\n term deposits. risk assessed cash note 15.\n 30 June 2019\n Trade receivables 28,320 36,522\n Loss allowance\n 27,579 35,268\n Interest receivable 5(b)\n GST receivable 6,222\n Other receivables 1,629\n 33,856 37,086"
}
{
    "_id": "d1b2fd590",
    "title": "",
    "text": "COMMON WARRANTS\n activity December 2019 2018\n $10. million promissory notes December 2013, issued common stock purchase warrants 60 thousand shares price $2. 52 per share expiration date December 2020. cashless exercise feature.\n July 2017 private placement transaction. Schutte issued warrants purchase 1,782,531 shares common stock. exercisable $0. 528 per share expire five years issuance. assigned fair value $495 thousand warrants $4. million proceeds accounted equity.\n June 28, 2019 loan agreements. 2020 issued warrant purchase 10. million shares common stock $0. per share five years issuance. valuation fair value $1. 145 million allocated equity. transferred. AD Pharma June 28, 2019.\n.\n.\n Exercised\n Expired\n Modification\n Outstanding Dec. 31  11,842 . 10 1,842 ."
}
{
    "_id": "d1b397ece",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS\n liabilities\n Trek Electrostatic Product Line LumaSense\n Accounts receivable $ 2,818 7,167 10,062\n Inventories 3,941\n Property equipment 594\n Goodwill\n Intangible assets 788,400\n Deferred income tax assets 606\n Other assets\n acquired 9,601 109,725\n Accounts payable 747 5,734\n Deferred income tax liabilities\n Other liabilities 2,782\n liabilities assumed 3,529 25,041\n assets $ 6,072 3,000 84,684 93,756"
}
{
    "_id": "d1b333fe6",
    "title": "",
    "text": "1998 Employee Qualified Stock Purchase Plan\n approved employees purchase 15% compensation 85% closing price. six-month 24-month.\n January 31, 2019 8. 1 million shares available future. issues shares first trading day March 31 September 30. expiration date.\n activity 2019 2018 2017\n Autodesk recorded $27. 2 million $25. 7 million $25. 9 million compensation expense ESPP 2019 2018 2017.\n Issued shares.\n Average price $90. $39. $36.\n average grant date fair value $42. $32."
}
{
    "_id": "d1b362666",
    "title": "",
    "text": "Deferred income taxes reflect differences assets liabilities. deferred tax assets\n December 31, 2019 tax credit carryforwards $191 million state. Deferred tax assets unrealized tax benefits. foreign NOL carryforwards $32 million 2019 losses France carried forward indefinitely.\n evaluate deferred tax assets for recoverability. record valuation allowance for. Closing Agreement 2018 California research development credit carryforwards. established full valuation allowance against R&D Credit. December 31, 2019 valuation allowance $71 million. reassess quarterly record tax benefit evidence release valuation allowance.\n December 31, 2017 consider cash balances undistributed earnings outside. foreign subsidiaries indefinitely reinvested.\n Deferred tax assets\n Allowance for sales returns price protection\nexpenses\n Deferred revenue 119\n Tax\n compensation\n Intangibles 1,289\n. deferred taxes earnings\n software expenses\n Deferred tax assets 1,778\n Valuation allowance\n 1,597\n liabilities\n (142)\n software expenses\n. taxes foreign earnings (594)\n liabilities (809)\n deferred tax assets $788"
}
{
    "_id": "d1b3bb6f8",
    "title": "",
    "text": "Greenhouse gas\n Spirent climate change. Scope 1 2 emissions dropped. 2018 $ million revenue. reduced emissions 29 2014.\n responded Carbon Disclosure Project 2019 Climate Change Supply Chain questionnaires. achieved Climate Change B Supplier Engagement. average sector C.\n Emissions Combustion fuel operation facilities 144.\n Electricity heat steam cooling 2) 4,641.\n emissions 4,785. 5,087.\n Emissions intensity metrics\n FTE employee 3.\n metre area.\n $ million."
}
{
    "_id": "d1b360cc6",
    "title": "",
    "text": "Cash Equivalents Restricted Cash\n December 31, 2019 Company $259. 1 million equivalents. market funds maturities less 90 days. determines classification.\n December 2018 restricted cash $0. 3 million pledged standby letter credit. expires August 2021 guaranty lessor.\n cash equivalents restricted cash consolidated balance sheet flows\n Cash equivalents $259,067 $256,947\n Restricted cash\n equivalents flows $259,371 $257,251"
}
{
    "_id": "d1b3a042a",
    "title": "",
    "text": "KEMET CORPORATION SUBSIDIARIES\n Financial Statements\n expenses 2018 2017\n 2019\n incurred $8. million restructuring charges $2. 8 million personnel reduction $6. million relocation exit costs. million headcount reductions TOKIN. 3 million severance Film Electrolytic $1. 6 million Solid Capacitors MnO2. relocation exit costs $6. million $3. 4 million tantalum powder Carson City Nevada Matamoros $2. 3 million axial electrolytic Evora.\n 2018\n $14. 8 million restructuring $12. 6 million personnel reduction $2. 3 million relocation exit. reduction $12. million $5. 2 million reduction Film Electrolytic $4. 4 million headcount reduction TOKIN.million severance Simpsonville Fort Lauderdale. 2 million headcount reductions European sales reorganization. relocation exit costs $2. 3 million. million lease termination penalties marketing Fort Lauderdale. million K-Salt Matamoros. 4 million exit costs shut-down KFM. million Tantalum production Victoria Mexico.\n $5. 4 million restructuring charges $2. 2 million personnel reduction $3. 2 million relocation exit costs. personnel reduction costs. 2 million. million consolidation Solid Capacitor Matamoros. million headcount reductions shut KFM. reductions Europe. million overhead reductions Sweden. million. headcount reductions marketing Fort Lauderdale. million Tantalum. 2 million research Weymouth Evora. 1 million manufacturing headcount reductions K-Salt Matamoros.relocation exit $3. 2 million $1. 9 million contract termination KFM. million K-Salt Matamoros. million Film Electrolytic. million Tantalum Simpsonville Victoria.\n Years March\n Personnel reduction $2,823 $12,587 $2,214\n Relocation exit 2\n Restructuring $8,779 $14,843 $5"
}
{
    "_id": "d1b337c7c",
    "title": "",
    "text": "Operating expenses\n Research development expenses\n increased $19. 6 million personnel costs $11. 8 million share-based compensation expense $3. 6 million information technology facility costs $1. 6 million.\n impacted $0. 5 million strengthening. dollar.\n Personnel headcount share-based compensation grants technology facility costs headcount.\n Sales marketing expenses\n increased $17. 9 million information technology facilities costs $5. 3 million personnel-related $4. million share compensation $3. 4 million professional services $2. 7 million travel other costs $1. 2 million marketing costs $1. 1 million.\n $1. 5 million strengthening. dollar. technology facilities travel headcount.\n Personnel-related costs salaries commissions ASC $13. 8 million. Share-based compensation expense share option grants. Professional services costs consulting fees.\nadministrative expenses\n increased $16. 8 million 2019 personnel $6. 3 million share-based compensation $5. 8 million information technology facilities $1. 9 million professional services $1. 2 million litigation $1. 0 million. Personnel salaries headcount.\n Share compensation option grants modifications. technology facility headcount. Professional services acquisition expenses.\n Restructuring assets\n 2019 restructuring expense $0. 2 million exit Watertown. restructuring charge $0. 8 million rent vacated non impairment charge $1. 7 million leasehold improvements.\n change\n expenses\n Research development $57,939 $38,373 $19,566 51%\n Sales marketing 139,194\n General administrative 53,759 36,989 45%\nassets 1,712\n Restructuring\n expenses $250,722 $199,152 $51,570 26%"
}
{
    "_id": "d1b399044",
    "title": "",
    "text": "\n table summarizes 2019 2018.\n discussed Liquidity Capital Resources Cash Requirement Item. Financial Condition Annual Report Form 10-K March 30.\n cash\n Operating $1,495 $957\n Investing $(241)\n Financing $(1,209)(3,475)\n cash equivalents $17 $(2,473)"
}
{
    "_id": "d1b339a5e",
    "title": "",
    "text": ". Financial Data\n table consolidated financial data years 2019 2018 2017 2016 2015 financial statements. 2015 not adjusted Accounting Standards update 2014- 09 Revenue Contracts. tables Consolidated Financial Statements 8 7 Analysis Financial Condition Results Operations. Historical results future results.\n Operating income expenses\n increase net revenues June 30 2018 due acquisitions Campus Fabric Data Center Businesses.\n 2019 2018 2017 2016 2015\n Consolidated Statements Operations Data\n Net revenues $995,789 $983,142 $607,084 $519,834 $552,940\n Operating income (loss $(14,726)(38,210\n Net loss $(25,853) $(46,792),363\n loss share.\n.. 02. 35. 72\n 117,954 114,221 108,273 103,074 99,000\n diluted 117,954 114,221,273"
}
{
    "_id": "d1b376ef4",
    "title": "",
    "text": "table summarizes Qdoba results share\n Selling general administrative expenses include corporate costs Qdoba operations. other costs classified continuing operations. credit facility required mandatory prepayment term loan $260. 0 million. Interest expense allocated to discontinued operations estimate prepayment.\n Lease guarantees operating leases Qdoba some guaranteed. Qdoba fails meet obligations required make rent payments landlord. maximum$32. 1 million ofSeptember 29, 2019. lease terms extend more years September 29, 2019 remain guarantor extended renewal periods. obligated payments under Guarantees exposure limited due to contractual protections recourse lease agreements Qdoba Purchase Agreement requirement damages indemnity from Buyer. Qdoba continues obligations under leases events.liability Guarantees September 29, 2019 Qdoba less.\n restaurant sales $192,620 $436,558\n Franchise revenues 9,337 20,065\n costs (166,122,370\n (2,338) (4,993)\n Selling administrative expenses (19,286) (36,706)\n Depreciation amortization (5,012) (21,500\n Impairment charges (2,305) (15\n Interest expense (4,787)\n earnings discontinued operations taxes 11,968\n Qdoba 30\n 32,824 11,968\n Income tax benefit,863 (15,726)\n taxes $2,690 $17,098 $7,450\n earnings share\n.\n."
}
{
    "_id": "d1b364c36",
    "title": "",
    "text": "Billings\n represent products invoiced no refund. equate statutory revenue.\n Year-ended 31 March 2019 2018\n Revenue 710. 6 639.\n deferral 49. 7 129.\n 760.\n Currency revaluation 25. 9 18.\n billings 786. 787."
}
{
    "_id": "d1b34e5e4",
    "title": "",
    "text": ". Operating Expenses\n equipment ICT.\n supplies services rentals mobile stations.\n equipment 3,106. 2,696.\n 2,767. 2,499.\n 2,597. 2,760.\n costs 2,472. 2,536.\n 1,573. 1,615.\n Repair maintenance 388.\n 12,904.,476."
}
{
    "_id": "d1a7127d0",
    "title": "",
    "text": ". Remuneration\n figures exclude Thermocoax.\n threshold target maximum\n operating profit (£m 277. 256. 270. 283. 8\n cash generation 296. 270. 285. 299.\n ROCE 54. 50. 52. 55. 3\n EPS (%) 57. 5 27. 6 52. 3 Share Plan\n TSR 94th 50th 75th"
}
{
    "_id": "d1b3a88a0",
    "title": "",
    "text": "Income taxes\n table deducted net earnings.\n YEAR ENDED DECEMBER 31\n taxes\n (761) (775)\n Uncertain tax positions\n estimate\n Deferred taxes\n (322)\n Recognition loss carryforwards\n provincial corporate tax rate\n Uncertain tax positions\n Total income taxes (1,133)"
}
{
    "_id": "d1b306bae",
    "title": "",
    "text": "intangible assets 2019 2018\n Goodwill trademarks tradenames indefinite lives no amortization. retail reporting unit recorded $2. 9 million 2019 goodwill $1. 9 million 2018 exceeded fair values. competition earning shortfalls future cash. recorded consolidated operating income.\n Goodwill wholesale reporting unit $4. 4 million September 2019 2018. estimated fair value exceeded carrying value.\n Trademarks tradenames (Retail $500,000 $3,373,269\n relationships (Wholesale amortization $2. 1 million 2019\n 500,000 $3,414,936"
}
{
    "_id": "d1b346754",
    "title": "",
    "text": "Repurchase\n September 2015, Board authorized $150. million common stock thirty-month. November 2017 extension repurchase December 2019 March 2018. May 2018 approved $50 million increase repurchase.\n December 18, 2019 expiration date repurchase $25. 1 million. December 31, 2019 authorized repurchase $50. 0 million.\n ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS\n enters repurchase agreements. 2019 2018 2017 repurchased shares\n Amount paid repurchase $95,125 $29,993\n shares repurchased 1,696\n Average repurchase price per share $56. $71."
}
{
    "_id": "d1b35eb9c",
    "title": "",
    "text": "OPERATING EXPENSES\n Fiscal 2019 foreign exchange rate 1. 3255 USD/CDN.\n Fiscal 2018 restated IFRS 15 accounting policy Cogeco Peer 1 discontinued\n operations. policies operations sections.\n Fiscal 2019 translated average exchange rate 1. 2773 USD/CDN.\n expenses increased 7. 3% (5. 4%\n growth American broadband services MetroCast acquisition higher programming costs headcount marketing FiberLight acquisition\n costs Inter-segment eliminations corporate projects\n lower expenses Canadian broadband services programming costs compensation expenses operational optimization program marketing headcount retroactive costs higher rates Copyright Board Canada.\n operating financial results section.\n Years ended August 31, 2019 2018 Change constant currency Foreign exchange impact\n Canadian broadband services 606,286.1,102\n broadband,208,172 19. 20,522\n 26,486 24,567.\n 1,203,980,121,625. 21,636"
}
{
    "_id": "d1b365942",
    "title": "",
    "text": "INCOME TAXES\n December 22, 2017. enacted Tax Cuts Jobs Act. tax code. corporate income tax 35 to 21 percent alternative minimum tax deductible interest expense executive compensation deductions.\n Company follows ASC 740-10 deferred tax liabilities assets. liabilities determined financial statements tax bases tax rates.\n reconciliation tax expense federal tax rate\n 2019 2018\n Tax benefit $(427,244) $(631,497)\n State taxes 6,525\n expenses not deductible 2,980 2,882\n Rate Change 45,656\n,566,027)\n valuation allowance deferred tax assets 269,203 658,650\n Income tax expense $(100,363 $9,623"
}
{
    "_id": "d1b34107e",
    "title": "",
    "text": "employee pension plan Labor Standards Act. defined benefit. benefits disbursed service years average salary retirement. Two units first 15 years one after 15th not 45.\n Company contributes 2% salaries wages pension fund Bank of Taiwan. not included financial statements. 2017 2018 2019 pension expenses NT$80 million NT$69 million NT$59 million recognized.\n value defined benefit obligation\n benefit obligation $(5,671,058),620,509)\n profit loss\n Service cost (24,477\n Interest cost (61,247)\n Subtotal (85,724),189\n Remeasurements\n financial assumptions (91,350\n adjustments\n (97,257)\n Benefits paid"
}
{
    "_id": "d1b2e8b36",
    "title": "",
    "text": "Selling Administrative\n increase 2019 higher variable costs volumes headcount costs employee incentive compensation FRT acquisition amortization intangible assets.\n Fiscal Year Ended\n December 28, 2019 December 29, 2018\n Selling $106,335 $99,254 $7,081.\n.\n Year Ended\n December 29, 2018 30 2017\n Selling $99,254 $95,489 $3,765. 9 %\n. 7 %. 4 %"
}
{
    "_id": "d1b38b0de",
    "title": "",
    "text": "2019 results Red Hat.\n expense increased. percent fourth quarter-revenue ratio 32. 6 percent 28. 2018. increase higher spending Red Hat charges amortization assets offset divestiture gains lower non costs.\n-GAAP expense income increased. 7 percent spending divestiture gains.\n fourth quarter.\n consolidated expense $7,107 $6,253 13. 7%\n Non-operating adjustments\n Amortization assets.\n Acquisition charges.\n retirement.\n Operating-GAAP expense $6,591 $5,746.\n consolidated expense-to ratio 32. 6% 28. 7%.\n-GAAP-to-revenue ratio. 3%. 4%."
}
{
    "_id": "d1b336516",
    "title": "",
    "text": "adoption Company recorded adjustment $139. 4 million tax adjustment $21. 0 million increased June 25, 2018 earnings balance Condensed Balance Sheet changes recognition system sales. ASC 606 Company recognizes revenue sales control customer products specifications revenue recognized installation customer acceptance transactions title revenue recognized when title passes customer acceptance.\n impact ASC 606 Consolidated Statement Operations Balance Sheet\n significant impact Consolidated Statement Operations year June 30, 2019.\n January 2016, FASB released ASU 2016-01 Instruments Recognition Measurement Assets Liabilities. amendment February 2018. amendments change accounting financial statement presentation equity investments. amendments clarity measurement methodology disclosure fair value financial instruments amortized cost valuation allowance deferred tax assets securities.adoption 2019 Consolidated Financial Statements.\n August 2016, FASB released ASU 2016-15 Cash Flows Classification Receipts Payments. receipts. adopted quarter 2019 retrospective transition method. Financial Statements.\n October 2016, FASB ASU 2016-16 Tax Intra-Entity Transfers Assets. improves transfers. adopted first 2019 modified-retrospective approach cumulative adjustment earnings. $0. 4 million decrease earnings $0. 4 million offset Consolidated Financial Statements.\n November 2016, FASB ASU 2016-18 Flows Restricted Cash. restricted cash equivalents. adopted first quarter 2019 retrospective transition method. Consolidated Financial Statements.\n February 2018 FASB ASU 2018-02 Tax Effects Income. Tax Cuts Jobs Act.Tax allows reclassification stranded tax effects. update eliminates stranded tax effects. Company adopted standard 2019 modified-retrospective approach cumulative-effect adjustment earnings. $2. 2 million increase $2. 2 million decrease income.\n August 2018 Securities Exchange Commission adopted amendments disclosure requirements. redundant outdated. Company adopted amendments 2019. minor changes Consolidated Financial Statements.\n June 30, 2019\n Adoption ASC606 Effect Change\n Revenue $9,653,559  $9,049,790  $603,769\n Cost goods sold $5,295,100  $5,016,679 $278,421"
}
{
    "_id": "d1b38986a",
    "title": "",
    "text": "CTS CORPORATION SUBSIDIARIES\n notes financial statements.\n Ended December 31,\n earnings $36,146 $46,532 $14,448\n earnings\n market value derivatives\n unrealized pension cost 6,439 13,687\n translation adjustment\n earnings $6,013 $14,234\n $42,159 $45,186 $28,682"
}
{
    "_id": "d1b34c654",
    "title": "",
    "text": "Operating Income Business Unit\n Percentages.\n CNBU decreased pricing higher R&D costs cost reductions. MBU pricing high NAND manufacturing cost reductions. SBU declined pricing offset manufacturing reductions sales volumes. impacted underutilization charges IMFT. EBU decreased declines pricing higher R&D costs offset manufacturing cost reductions sales volumes.\n CNBU improved improved pricing higher sales volumes. MBU improved pricing-value NAND manufacturing cost reductions. SBU improved manufacturing cost reductions 64-layer TLC 3D NAND product mix. impacted higher costs IMFT 3D XPoint memory. EBU income increased prices manufacturing cost reductions sales volumes offset higher R&D costs.\n CNBU $4,645 47% $9,773 64% $3,755\nMBU 2,606 41% 927 21%\n SBU\n EBU 29% 1,473 42% 975 36%\n 18% 35%\n $7,801,243,232"
}
{
    "_id": "d1b3ae55c",
    "title": "",
    "text": "Capital management\n table summarises capital Group at 31 March\n Financial liabilities put option arrangements payments equity Kabel Deutschland amounts March short-term borrowings\n centrally long short-term capital. borrowings cash loaned contributed equity subsidiaries. Board approved debt protection ratios net interest cash flow dividends retained cash flow. ratios debt shared with Moody’s Fitch Ratings Standard & Poor’s.\n Net debt 27,033 29,631\n Financial liabilities put option 1,844\n Equity 63,445,607\n Capital 92,322 100,076"
}
{
    "_id": "d1b322e9e",
    "title": "",
    "text": ". SECURITY OWNERSHIP BENEFICIAL OWNERS MANAGEMENT STOCKHOLDER MATTERS\n table beneficial ownership common stock March 1, 2020 directors executive officers 5% shares directors.\n Less than 1%.\n persons sole voting investment power shares stock. address c Network-1 Technologies. 445 Park Avenue Suite 912 New York 10022.\n beneficial owner shares stock acquired 60 days March 1, 2020 options units. ownership determined options stock units 60 exercised vested. base 24,032,941 shares stock March 1, 2020.\n Includes 3,549,369 shares. Horowitz 500,000 shares options. 2,157,097 shares CMH Capital Management Corp. 134,275 shares CMH Capital Management. Profit Sharing Plan.Horowitz trustee 67,470 shares stock Donna Slavitt wife. Horowitz 452,250 shares two trusts custodian account. Horowitz’s three children 2,291 shares Horowitz Partners. Horowitz partner. include 250,000 shares stock restricted units 60 March 1, 2020.\n Includes 2,157,097 shares CMH Capital Management Corp. 134,275 shares. Profit Sharing Plan. Horowitz sole officer director shareholder. trustee. power vote dispose.\n Includes 242,235 shares 3,750 60 days March 1 2020. include 11,250 shares.\n Includes 108,309 shares 3,750 60 March 1 2020.\n 11,250.\n Includes 94,160 shares. 27,500 shares units. Kahn 60 days March 1 2020.\nIncludes 72,061 3,750 units 60 March 1 2020. include 11,250 shares 2020.\n Includes 67,499 shares. include 35,000 shares. Greene 60 March 1 2020.\n Includes 585,233 shares. Heinemann 2,242,582 Goose Hill Capital LLC. Heinemann sole member. vote dispose. Amendment. 7 Schedule 13G. February 11 2019. address. Goose Hill Capital 12378 Indian Road North Palm Beach Florida 33408.\n Includes 2,242,582 shares. vote dispose. Amendment. 7 Schedule 13G. address Capital 12378 Indian Road North Palm Beach Florida 33408.\n Includes 1,200,130 shares common stock. ownership Schedule 13G. Herzog February 10, 2016. address. 824 Harbor Road Southport Connecticut.\nADDRESS OWNER PERCENTAGE STOCK\n Officers\n Corey. 6,862,752.\n CMH Capital Management 2,291,372.\n 245,985.\n Pearlman 112,059\n David. Kahn 94,160\n Allison Hoffman\n Jonathan. 67,499\n officers directors,266.\n Stockholders\n Steven. 2,827,815.\n Goose Hill Capital 2,242,582.\n John 1,200,130."
}
{
    "_id": "d1b33bd86",
    "title": "",
    "text": "Revenue Operating Expenses\n includes labor IT facilities costs professional services royalties depreciation lease payments data center costs salaries network stock-based compensation expense.\n revenue labor consulting training project management. stock-based compensation expense material overhead charges IT facilities costs professional services royalties. charges electronic physical fulfillment.\n volume product sales consulting amortization technology support royalty rates stock compensation expense\n Marketing sales expenses salaries bonuses benefits compensation travel entertainment training commissions advertising. payment processing fees supplies equipment gains losses cash flow hedges IT facilities costs labor costs order management.\n Research development expenses salaries bonuses benefits compensation travel entertainment training professional services IT facilities costs.\nexpenses include salaries bonuses costs benefits stock compensation CEO finance human resources legal employees professional fees foreign taxes gains losses cash flow hedges travel entertainment training IT facilities costs supplies equipment.\n Fiscal year January 2019 2018 Management comments\n millions\n Cost revenue\n Subscription maintenance $216. $1. $214. cloud hosting costs royalty depreciation expense.\n. lower employee costs headcount Fiscal 2018 restructuring professional fees.\n Amortization technology 15.\n Total cost revenue $285. $303.\n Marketing sales $1,183. $96. $1,087. increased employee costs higher headcount cloud hosting costs professional fees.\n Research development 725. costs headcount professional fees.\n 340.11% 305. fees facilities offset benefits.\n Amortization intangibles 18. 20. assets amortized.\n Restructuring exit costs 41. 94. reduction facilities consolidation Fiscal 2018 Plan.\n 2,308. $46. $2,262."
}
{
    "_id": "d1b36afe6",
    "title": "",
    "text": "table income tax expense combined German tax rate 26. 4%. actual. rate includes corporate income tax 15. 0%. solidarity surcharge 5. 5%. trade taxes 10. 6%.\n Relationship Between Tax Expense Profit Before Tax\n 2019\n Profit before tax 4,596 5,600,029\n Tax expense. 1,212 1,478 1,327\n Tax effect\n tax rates\n Changes tax laws rates\n Non-deductible expenses\n Tax-exempt income\n Withholding taxes\n Research development foreign tax credits\n taxes\n Reassessment deferred tax assets credits\n Total income tax expense 1,226 1,511 983\n Effective tax rate 26."
}
{
    "_id": "d1b35c9dc",
    "title": "",
    "text": ". Income Per Share\n calculated net earnings average shares. Diluted calculated adjusting denominator dilutive shares.\n 2019 options RSUs 83,939 excluded. 2018 2017 no options RSUs excluded.,382 363,413 2018 779,000 2017 excluded performance conditions.\n April 27, 2019 28, 2018 29, 2017\n Net Income millions $91. $57.\n Denominator\n Basic Earnings Per Share Average Shares\n Restricted Stock Units 37,405,298 37,281,630\n Shares-Employee Stock Options\n Restricted Stock Awards Units 264,262 260,269\n Diluted Earnings Per Share 37,669,560 37,541,899 37,485,701\n Basic Diluted Income Per Share\n $2. $1.$2.\n Income Share $2."
}
{
    "_id": "d1b31ad02",
    "title": "",
    "text": "FINANCIAL STATEMENTS data\n 6 Retirement Plans\n noncontributory defined benefit pension plans 3% active employees. benefits based service compensation retirement. benefits year service.\n post-retirement life insurance benefits. Domestic employees hired 1982 former union employees eligible life. fund premiums pay-as-you-go.\n funded status benefit plan balance sheets. difference assets fair value projected benefit obligation. gains losses prior service costs.\n measurement dates. December 31, 2019 2018.\n 2017 offered former employees. option sum distribution. $23,912 sum payments. decreased projected benefit obligation assets $23,912 non settlement charge $13,476 unrecognized net actuarial losses. measurement date December 31, 2017.\n February 2020 CTS Board Directors termination. pension plans.plan termination timing.\n measurement dates post-retirement life insurance plan December 2019 2018. benefit obligation assets funded status.\n Accumulated benefit obligation $4,766 $4,595\n obligation\n January $4,595 $5,134\n Service cost\n Interest cost\n Benefits\n Actuarial loss\n obligation December 31 $4,766 $4,595\n assets\n January 1\n return assets\n Company contributions\n Benefits\n December 31\n Funded status less obligations(4,766) $(4,595)"
}
{
    "_id": "d1b3832bc",
    "title": "",
    "text": "Company revenues. government contracts. spending caps budgetary priorities. delays.\n revenues contract\n January 3 2020\n Defense Solutions Health\n millions\n Cost-reimbursement fixed-price-incentive-fee $3,697 $1,997 $5,928\n Firm-fixed-price 1,203 3,574\n Time-materials fixed-price-effort 466 1,474\n $5,366 $3,636 $1,974 $10,976"
}
{
    "_id": "d1b375932",
    "title": "",
    "text": "obligations. December 31, 2019 significant performance obligations one year maintenance services. contracts recognize revenue completed obligations. $13. 3 million December 31, 2018. $13. 6 million December 31, 2019 expects 64% revenue next 12 months remainder.\n accounts receivables contract assets unearned revenue\n revenue $12. 7 million recognized 31, 2019.\n Accounts receivable $90,531 $99,385\n Contract assets $2,812 $3,766\n Unearned revenue $11,963\n Non-current unearned revenue $6,012 $5,296"
}
{
    "_id": "d1b38e52c",
    "title": "",
    "text": ". Net Income per Share\n table basic diluted income share\n Employee equity options unvested shares instruments Cisco potential shares diluted earnings.-money options restricted units. calculated average share price treasury stock method. stock options compensation cost future service shares.\n July 27, 2019 July 28, 2018 29, 2017\n Net income. $11,621 $9,609\n-average 4,837 5,010\n dilutive shares\n. 4,453 4,881 5,049\n Net income. $2.\n.\n Antidilutive employee share awards excluded 55"
}
{
    "_id": "d1b365a78",
    "title": "",
    "text": "ENERGY INDUSTRIES. STATEMENTS\n. PROPERTY EQUIPMENT\n Buildings land $1,693 $1,737\n Machinery 108,945 41\n 24\n Furniture\n Vehicles\n Leasehold improvements 33,041 20\n Construction 9,089\n,255 92,063\n depreciation (78,146) (60,794\n $108,109 $31,269"
}
{
    "_id": "d1b34d356",
    "title": "",
    "text": "Development\n expenses 2019 decreased $4. 6 million 21% 2018. due full-time personnel $3. 1 million compensation $0. 6 million facilities technology costs. restructuring costs $0. 1 million Note 4. lower professional fees $0. 6 million contractors.\n Years Ended December 31,\n 2019 2018\n Research development $17,845 $22,450 $(4,605) (21)%\n revenues 36%"
}
{
    "_id": "d1b367134",
    "title": "",
    "text": "Postretirement Benefit Plans\n Company provides health care life insurance retirees dependents. health care plan shore-based employees deck officers contributory life insurance noncontributory.\n postretirement medical coverage shore-based employees January 1 2005 Deck Officers age service requirements. prescription drug coverage retirees 65.\n amend terminate health care insurance.\n domestic pension postretirement benefit plans December 31 date\n Change\n $44,015 $48,500 $3,401 $4,548\n Cost\n Interest cost 1,802\n Actuarial losses(gains 3,805 (3,456)\n Benefits paid (2,686) (2,702)\n end 46,936 44,015 3,572 3,401\n Change plan assets\n 31,929 35,591\n return assets 6,790 (1,882)\nEmployer contributions 721\n Benefits (2,702 (158) (202)\n 36,754 31,929\n Unfunded December 31,182),572"
}
{
    "_id": "d1b357e96",
    "title": "",
    "text": ". Quarterly Financial Data\n summarized quarterly data 2019 2018\n annual amounts equal quarterly. Earnings share computed independently.\n first quarter 2019 $7. million tax expense regulations Tax Reform. foreign taxes.\n fourth quarter restructuring costs $1. 7 million. 5 million taxes.\n fourth quarter reinvestment $10. 5 million earnings foreign subsidiaries.\n quarter $0. 23 per share tax expense. Tax Reform. fourth quarter. 05 share restructuring $0. 35 share tax benefit reinvestment.\n Second Third Fourth\n Net sales $765,544 $789,051 $799,644 $3,164,434\n Gross profit 72,383 70\n Net income 22,226 24\n Earnings per share\n.\n."
}
{
    "_id": "d1b368c82",
    "title": "",
    "text": "Accounts Receivable\n uncollateralized obligations. Company records allowances doubtful accounts. writes off uncollectible. allowance $55,039 $65,542 at December 31, 2019 2018. identifies delinquent customer status 30 days past. transaction. allowance determined reserve history invoices over 30 days past. deemed uncollectible case-by-case payment.\n doubtful accounts December 31\n 2019 2018\n Beginning balance $65,542 $22,173\n Provision charged expense 29,849 55\n Deductions (40\n Ending balance 55,039 $65,542"
}
{
    "_id": "d1b33cb1e",
    "title": "",
    "text": ". Balance Sheet\n equivalents restricted\n December 31, 2019 2018 $20. 4 million market funds. restricted cash $0. million $1. million. import duties office leases.\n equivalents $92,708 $73,142\n Short-term restricted cash\n Long-term restricted 60\n $93,117 $74,191"
}
{
    "_id": "d1b32ab9e",
    "title": "",
    "text": "Purchased Intangible Assets\n include technology in-process research development customer-related intangibles acquisition-date backlog. estimated values determined cash flows. amortized cash flows.-process research development capitalized until projects completed abandoned amortized. Customer-related assets contractual relationships customer loyalty determined projected revenues. analysis expected attrition revenue growth customers prepared from information. relationships amortized estimated cash flows retention rates. Backlog orders not shipped values profit. assets one year useful life amortized. average amortization period 9 years. Amortization expense not deductible. approximately $178. 1 million net deferred tax liability for future amortization.\n Weighted Average Useful Life April 4 2016\n millions\n Core technology.\n In-process research development.\n Customer-related.\nBacklog.\n.\n intangible assets $1,888."
}
{
    "_id": "d1b309516",
    "title": "",
    "text": "Company’s deferred tax liabilities assets\n finance lease right-of-use assets $6,190 $0 December 31, 2019 2018.\n. federal net operating loss carryforwards $213,800 reduce future taxes. expire 2034. state loss carryforwards $445,936.\n minimal income. carryforwards expire 2019 2035. financing federal interest expense deductions indefinite carryforward period.\n change control 2014 limited usage pre-ownership change net operating losses. losses utilized 2019.\n assessed evidence future taxable income deferred tax assets. positive evidence liabilities.\n state deferred tax assets negative evidence outweighed valuation allowance $20,952 $10,961 December 31, 2019 2018 likely.\n 2019 2018 paid $1,293 $1,313 income taxes.\n\n tax\n Vessels $128,026 $128,226\n Prepaid expenditures\n lease 72,298\n 205,947 135,338\n Loss carryforwards 68,917\n lease 71,779\n Employee compensation\n Financing fees\n Accrued expenses,165\n 154,066 72,934\n Valuation allowance 20,952\n 133,114 61\n $72,833 $73,365"
}
{
    "_id": "d1b378e52",
    "title": "",
    "text": ". Trade payables\n IFRS 16 31 March 2018 restated.\n unsecured paid 30 days recognition. amounts same values short-term nature.\n 2018\n Trade payables 4.\n Accruals 10. 9\n taxes social security 13. 11\n Deferred income.\n payables.\n Accrued interest.\n 41. 28."
}
{
    "_id": "d1b377ce6",
    "title": "",
    "text": "\n include time-based performance market. Vesting subject performance goals approval Compensation Committee. awards include service conditions continued employment.\n RSU activity table\n awards.\n intrinsic value vested RSUs $138. 3 million $90. 0 million $74. 0 million December 2019 2018 2017. total $679. 5 million closing stock price $178. 02. unamortized compensation expense $100. 1 million recognition period three years.\n Cash proceeds from vested PSUs purchase $16. 6 million $10. 6 million 2019 2018. no proceeds 2017.\n Time-Based RSUs PSUs MPSUs MSUs\nNumber Shares- Average\n January 1, 2017 $51. 35 2,284 $43. 24 $23. 57 4,270 $36.\n $94. 25 $62. 72 $66.\n $48. $41. 94 $43. 39\n $61. $49. 82 $58.\n December 31, 2017 $66. 2,266 $48. 59 1,620 $23. 57 4,144 $39.\n $114. $85. $68. 1,363 $80.\n $60. 23 $41. $44.\n $82. $63. $68. $76.\n December 31, 2018 $95. 2,174 $61. 61 2,219 $35. 4,633 $50.\n $142. $99. $103.\nVested $81. 53 $53. $23. $47.\n Forfeited $117. $42. $68. $57.\n December 2019 $115. $74. $37. $59."
}
{
    "_id": "d1b311a04",
    "title": "",
    "text": "Accounts receivable contract balances\n revenue recognition billing. Receivables represent unconditional right to consideration.\n Contract balances obligation goods services.\n Contract assets relate to rights consideration not unconditional right reporting date. fixed-term plan contract revenue allocated between wireless services equipment revenues.\n contract difference between equipment revenue consideration received customer. asset recognized as accounts receivable services provided billed. right to bill\n service time payment unconditional.\n contract asset balances as prepaid expenses other assets. assessed for impairment charge recognized not recoverable. charge insignificant December 31, 2019 2018.\n Increases asset balances due to new contracts sales promotions reclassifications impairment charges.\n Contract liabilities arise when billed consideration received.majority contract liability year recognized following year advanced billing fixed monthly fees recognized following month provided.\n contract liability balances liabilities. Increases due sales promotions upfront fees deferred revenue performance obligations wireless services.\n balance receivables contracts assets liabilities\n Balances include leasing interest equipment device payment plan agreement. contracts January 1 2018 sale equipment.\n December 31, 2019 2018 January 1, 2018\n Receivables $ 5,752 $ 5,448 5,555\n receivables 15,313 12,272 2,073\n Contract assets 761 772 858\n Contract liabilities 4,721 4,521 3,445"
}
{
    "_id": "d1b367f1c",
    "title": "",
    "text": "Stock Ownership Requirements\n financial stake Company. stock ownership since 2005. shares\n CEO 6x CFO COO President 3x Vice Presidents 2x.\n Stock options unvested RSUs PRUs.\n acquire maintain stock ownership four years NortonLifeLock. retain 50% equity grants stock ownership.\n October 25, 2019. Kapuria Pilette Taylor ownership requirements FY19. Transitioning non-executive officers not. ownership levels.\n closing price common stock $22. 69 October 25, 2019.\n Ownership Requirement\n Kapuria 39,665 186,735\n Vincent Pilette 85,941 785,906\n Scott. Taylor 52,887 408,724"
}
{
    "_id": "d1b382eac",
    "title": "",
    "text": "Deferred Tax Assets Valuation Allowance\n reflect operating losses tax credit carryovers differences between assets liabilities. significant Federal NOLs. $167. 8 million Federal NOLs at December 31, 2019 $160. 2 million generated prior January 1, 2018). NOLs 2018 future income Internal Revenue Code Section 382 limitation deferred tax asset fourth quarter 2017 reducing benefit Federal NOLs $1. 0 million at December 31, 2017. gross Federal NOL benefit prior January 1 2018 less than $150 thousand annually. unused not 20 years 2037 before 2018 after 2017 indefinitely. Future common stock transactions 382 limit utilization NOLs.\n deferred tax assets\n realization future earnings timing uncertain. valuation allowance required if realized.December 31, 2019 2018 deferred income tax assets offset valuation allowance future NOL carryforwards. additional valuation allowance reduced additional benefit recognized.\n 31,\n Deferred tax assets\n future value NOLs\n Federal $2,622 $2,174\n Research development tax credits\n 1,184\n Share-based compensation\n deferred taxes 4,955 4,442\n Valuation allowance\n deferred tax assets"
}
{
    "_id": "d1b393784",
    "title": "",
    "text": "\n 2013 Plan RSUs employees directors consultants. vest four years. summary activity 31, 2019 changes\n December 31, 2019 $198. 3 million $107. 9 million unrecognized share compensation expense RSUs recognized vesting. 3. 4 years.\n RSUs Average Grant Date Value Per Share Intrinsic Value\n Outstanding December 31, 2016 3,554 $18. $73,261\n 3,005.\n.\n.\n December 31, 2017 4,281 $25. $207,197\n.\n.\n.\n December 31, 2018 3,561 $42. $293,523\n.\n.\n.\n December 31, 2019 3,249 $85. $548,145"
}
{
    "_id": "d1a728c1a",
    "title": "",
    "text": "Revenue Products\n design manufacture sell IP networking IT services.\n revenue\n SPVSS $168 million $903 million 2019 2018.\n July\n Infrastructure Platforms. $30,191 $28,322 $27,817\n Applications. 5\n Security 2,352 2\n Products. 1,168\n. 39,005 36,709 35,705\n Services 12,899\n $51,904 $49,330 $48"
}
{
    "_id": "d1b3c043c",
    "title": "",
    "text": "deferred income tax assets\n December 31, 2019 Company had federal state foreign tax loss carryforwards $269. 3 million $86. 4 million $11. 7 million. 2020 2026. foreign tax credit carryforwards $41. 8 million $86. 3 million $5. 7 million. expire 2023 2024. state tax credit carryforwards expire. foreign incentive deductions $24. 5 million expire.\n $0. 3 million federal alternative minimum tax credit carryforwards refundable Tax Cuts Jobs Act.\n liability method deferred taxes determined differences financial tax. records valuation allowance reduce deferred taxes. considers evidence performance. released $51. 2 million valuation allowance deferred tax assets 2017. 2018 released additional $11. 3 million allowance Tax Act.Company valuation allowance state federal foreign. expense tax-free jurisdictions.\n income tax benefit 2019 pre income benefits reserves tax positions ASC 740-10.\n partial release valuation allowance pre-tax excess tax benefits uncertain tax positions ASC.\n Deferred tax assets\n Net operating loss carryforwards $65,477 $64,887\n Research development credits 80,404\n Accrued expenses\n Lease obligation\n Accrued compensation\n Stock-based compensation\n valuation allowance (77,957)\n Deferred tax liabilities\n Fixed assets\n Leased right-of-use assets\n Intangible assets (13,627)\n Net deferred tax assets $67,284 51,518"
}
{
    "_id": "d1b33829e",
    "title": "",
    "text": "receivables funding tax refund. public grants Italy France research. benefits local tax jurisdictions collection beyond one year.\n 2019 2018 factoring non-current assets. December 31, 2019 $131 million sold without recourse $122 million 2018 cost less than $1 million.\n assets\n 2019\n Equity securities 23\n-term receivables 358 391\n Deposits non-current assets 56\n 437"
}
{
    "_id": "d1b3aa632",
    "title": "",
    "text": "income\n AOCI net tax\n 2018 foreign currency translation loss $8 million Gain gain $3 million liquidated entities Other income. gain $7 million securities divestiture reclassified Gain. tax effect $3 million Income tax expense.\n Foreign Currency Translation Adjustments Unrealized Gain (Loss-Sale Securities Equity Method Investee AOCI\n Balance March 31, 2017 $7 $12\n loss reclassifications\n net income (loss\n Balance March 30, 2018\n income (loss reclassifications\n Balance March 29, 2019"
}
{
    "_id": "d1a71d310",
    "title": "",
    "text": "LONG-TERM DEBT\n September 23, 2016, Roper five-year $2. 5 billion unsecured credit facility JPMorgan Chase Bank. syndicate replaced $1. 85 billion July 27, 2012, October 28, 2015. five year $2. 5 billion credit $150. letters credit. loans commitments $500. December 31, 2019 $0. outstanding borrowings 2016 Facility.\n covenants new debt mergers sell assets grant liens payments capital expenditures change business. covenants leverage ratio interest coverage ratio. restrictive total leverage ratio 3. 50 to 1.\n 2016 Facility. Deltek acquisition increased leverage ratio 4. 25 1 June 30, 2017. December 31, 2017.\n debt covenants December 31, 2019 2018.\n August 26, 2019 public offering $500. principal.35% September 15 2024 $700. 95% September 15 2029. fixed rate payable semi March 15 September 15 2020. proceeds purchase iPipeline Holdings.\n August 28, 2018 $700. 65% September 15 2023 $800. 4. 20% September 15 2028. fixed rate payable March 15 September 15 2019.\n December 19, 2016, $500. 80% December 15 2021 $700. 80% December 15 2026. payable semi June 15 December 2017.\n December 7 2015, $600. 3.% December 15 2020 $300. 85% December 15 2025. fixed rate payable semi-annually June 15 December 15 2016.\n November 21, 2012, $500. 125% November 15 2022. payable May 15 November 15 2013.\n September 2009, $500.25% senior unsecured notes due September 1 2019. proceeds Offering redeem $500. outstanding 2019 Notes. incurred debt extinguishment charge redemption 2019 Notes $15. 9 make-whole premium unamortized deferred financing costs.\n Roper redeem notes 100% principal amount makewhole premium. Treasury securities.\n senior notes unsecured obligations rank equally payment unsecured indebtedness. subordinated not guaranteed Roper’s subsidiaries subordinated.\n Total debt December 31\n 2019 2018 2016 865.\n $600 3. 2020.\n. 800 2021.\n. 125% 2022.\n. 650% 2023 700.\n. 350% 2024.\n. 850% 2025 300.\n. 800% 2026 700.\n. 200% 2028.\n.notes 700.\n 7. 3\n unamortized debt. (26.\n debt 5,275.\n 602.\n Long-term debt 4,673."
}
{
    "_id": "d1b3c3a38",
    "title": "",
    "text": ". Earnings Per Share\n share-based payment awards non dividends before vesting participating securities included earnings. two-class method. allocates earnings shareholders. participating awards dividends same income outstanding shares.\n table presents earnings per share thousands.\n October 31, 2019 2018 2017\n Net income $53,294 $61,431 $279,745\n Distributed undistributed unvested\n common shareholders 52,516 60,553 275,460\n average shares 21,829\n Earnings per common share $2.\n."
}
{
    "_id": "d1b2fcdd4",
    "title": "",
    "text": "Financing receivables client loan leases commercial. hardware software services.\n Payment to seven years. priced market rates. Investment leases products two to six years.\n Commercial financing inventory remarketers IBM OEM products. Payment terms 30 to 90 days.\n December 31, 2019 Investment Commercial Financing Client Loan Installment\n $6,077 $3,836 $13,592 $23,504\n Unearned income\n Recorded investment $5,567 $3,831 $13,022 $22,421\n Allowance credit losses\n Unguaranteed residual value\n Total financing receivables net $6,199 $3,820 $12,884\n Current portion $2,334 $3,820 $14,192\nNoncurrent $3,865 4,847"
}
{
    "_id": "d1b3aa0e2",
    "title": "",
    "text": ". Net interest income expenses\n Interest income expenses financial instruments assigned categories IFRS 9.\n bonds €41 million €55 million liabilities banks €19 million €12 million.\n decline interest expenses favourable refinancing terms.\n million 2017/2018 2018/2019\n Interest income 27\n finance leases\n post-employment benefits plans\n Interest expenses −163 −148\n finance leases (−51)\n post-employment benefits plans\n (−79) (−69)\n Interest result −136 −119"
}
{
    "_id": "d1b2f454e",
    "title": "",
    "text": "TAXES INCOME.\n. Loss operations\n. losses effect ASC.\n December 31\n 2019\n.\n States (4,378) (3,617)\n Israel (18,875) (10,331)\n (23,253) (13,948)"
}
{
    "_id": "d1b3a5b00",
    "title": "",
    "text": "OPERATING\n decreased. 2%. closures new space channel shift. savings outweighed inflation.\n staffing costs reduced management restructuring efficiencies. costs reduced depreciation programme assets life.\n growth distribution warehousing costs driven inflation channel shift equipment warehouse improved efficiencies Castle Donington.\n marketing costs investments Food brand timing.\n Central costs reduced incentive costs technology transformation programmes cost efficiencies investment write offs Fuse programme.\n weeks\n 31 2018\n staffing 1,044. 1,070.\n costs 950. 992.\n Distribution warehousing 564.\n Marketing 155.\n Central costs 694. 698.\n 3,409. 3,450."
}
{
    "_id": "d1a7309a6",
    "title": "",
    "text": ". increased 21% RMB377. 3 billion 31 December 2019.\n business increased 13% RMB200 billion. Online games 10% RMB114. 7 billion. domestic games Honour of Kings overseas PUBG Mobile Supercell decline PC. Social networks revenues increased 17% RMB85,281 million. digital content broadcast.\n FinTech Business Services increased 39% RMB101. 4 billion. commercial payment increased consumers transactions. cloud services contributed growth.\n Online Advertising increased 18% RMB68,377 million. Social advertising 33% RMB52,897 million. Weixin mobile advertising. Media advertising revenues decreased 15% RMB15,480 million. lower revenues Tencent Video News unpredictability broadcast schedules-environment FIFA World Cup 2019.\n%\n millions\n VAS 199,991 53% 176,646\n FinTech Business Services 101,355 27% 73,138\n Online Advertising 68,377 58,079\n Others 7,566\n revenues,289 100% 312,694"
}
{
    "_id": "d1b373ba0",
    "title": "",
    "text": "\n Subscription Solutions\n increased $27. 2 million 26. December 31, 2019 2018. due higher third-party infrastructure hosting costs. merchants credit card fees employee-related costs amortization technology payments theme developers. decreased 9. 4% 2018 to 8. 1% 2019 infrastructure employee-related costs.\n increased $39. 7 million 64. 8% 2018 2017. due higher third-party infrastructure hosting employee-related costs.\n Merchant Solutions\n increased $208. 4 million 55. 4% 2019 2018. due Shopify Payments higher payment processing interchange fees. higher amortization higher product costs credit card fees. increased 35. 0% 2018 to 37. 0% 2019 Shopify Payments larger percentage revenue.\n increased $144. 2 million 62. 2% 2018 2017. due Shopify Payments processing fees.\nYears December 31 2019 2018\n $ 128,155 100,990 26. 9 % 64. 8 %\n merchant 584,375 375,972 231,784 55. 4 % 62. 2 %\n $ 712,530 $ 476,962 293,051 49. 4 % 62. 8 %\n. 1 %. 4 %. %\n 37. 4 %\n. 1. 4 %. 5 %"
}
{
    "_id": "d1b3c0c84",
    "title": "",
    "text": "Deferred Tax Assets Liabilities\n differences assets liabilities. deferred\n Deferred tax assets\n Accrued liabilities reserves $ 245\n Tax loss credit carryforwards\n Inventories\n Intangible assets\n Pension postretirement benefits\n Deferred revenue\n Unrecognized income tax benefits\n difference subsidiaries\n deferred tax assets 7,694\n Valuation allowance\n 2,724\n tax liabilities\n Intangible assets\n Property equipment\n Total deferred tax liabilities\n Net deferred tax assets 2,620 1,937"
}
{
    "_id": "d1b31cf44",
    "title": "",
    "text": "Due Related Parties\n Amounts\n Includes immaterial amount lease liabilities January 31, 2020.\n immaterial amount non-current lease liabilities. included consolidated balance sheet January 31, 2020.\n January 31, 2020 February 1, 2019\n $1,618 $1,248\n $1,457 $1,090"
}
{
    "_id": "d1b39ca32",
    "title": "",
    "text": "Contract assets deferred revenue\n Included. long-term assets. liabilities.\n revenue exceeds right payment subject. Deferred revenue billings payments. netted level.\n change deferred revenue December 31, 2019 due new billings offset revenue.\n Contract assets $5,558 $3,711\n Long-term (2) 5,420\n $10,978 $6,254\n Deferred revenue $190,080 $185,145\n (3) 5,407 5,344\n $195,487 $190,489"
}
{
    "_id": "d1b32848e",
    "title": "",
    "text": ". DEFERRED REVENUES\n cloud services license hardware represent payments contracts revenues recognized over contractual periods. prepayments recognized as performed. cloud license on-premise license revenues from payments undelivered products enhancements.\n estimated fair values cloud services license support obligations acquired companies. cost build-up approach. profit margin. approximates obligations. fair value adjustments reduced services license support deferred revenues revenues post-combination.\n May 31,\n millions 2019\n Cloud services license support $7,340 $7,265\n Hardware 635 645\n Services 360 404\n Cloud license on-premise license 39\n Deferred revenues current 8,374 8,341\n non-current 625\n Total revenues $9,043 $8,966"
}
{
    "_id": "d1b3aa86c",
    "title": "",
    "text": "unrecognized tax benefits\n December 31, 2019 balance $130. million $97. 2 million annual tax rate. $32. 8 million adjustments deferred taxes.\n unrecognized tax benefits $1. 5 million 12 months settlement expiration statute limitations. additional tax benefit expense interest penalties 2019.\n recognized $0. 8 million tax benefit $1. 5 million tax expense interest penalties December 31, 2018 2017. $5. 1 million $5. 1 million $5. 9 million accrued interest penalties December 31, 2019. interest unrecognized tax benefits.\n years prior 2016 not. not examination. not subject tax examinations 2015.\n subject examinations foreign tax jurisdictions. subsidiaries audits prior 2009. under audit Canada China Czech Republic Philippines Singapore United Kingdom.\n$112. $114. $136.\n Acquired balances 15. 5\n Additions tax benefits 9. 4 7. 23.\n prior years 8. 2. 4.\n Reductions.\n (8. (10. (16.\n (6.\n. Tax Reform (27.\n end year $130. $112. $114."
}
{
    "_id": "d1b3921e0",
    "title": "",
    "text": "Profitability Measures\n Net Income\n 2019 $18. million $16. million last. increase $11. 7 million operating $3. million investment $12. million tax. $21. million decrease expense reduced legal costs offset $8. million restructuring expense.\n Adjusted EBITDA Telematics Systems decreased $8. 1 million lower revenues high margin revenue. higher operating expenses increased headcount outsourced service fees. EBITDA Software Subscription Services increased $4. 9 million growth revenues profit Italia market higher fleet management services.\n Note 20 reconciliation EBITDA GAAP net income.\n years\n Telematics Systems $40,821 $48,943.\n Software Subscription Services.\n Corporate Expense.\n Adjusted EBITDA $48,215 $52,382."
}
{
    "_id": "d1b331c50",
    "title": "",
    "text": "impact product mix TS segment gross margins 30\n TS segment gross margin same 2019 2018. $0. 6 million increase product gross margins revenues U. S. division offset decrease U. K division. $1. 1 million. increase service gross margins increased service revenues U. division.\n amount\n Products $7,462 13%\n Services 6,427 56%\n Total $13,889 20% $12,262"
}
{
    "_id": "d1a7362fc",
    "title": "",
    "text": "Class A capital\n 2019 911,367 827,871 shares restricted stock forfeiture repurchase.\n.\n Balance June 30 2017 91,979,704 $9,198\n Conversion Class B shares,707\n 1,902,084\n 5,253,809\n,496\n Balance June 30 2018 105,371,800 10\n Conversion Class B shares 5,219,947 522\n 1,496,875\n 4,674,873\n Balance June 30 2019 117,273,566 $11,727"
}
{
    "_id": "d1a72c40a",
    "title": "",
    "text": ". Fair Value Measures\n Company financial assets liabilities fair value hierarchy. fair value price sold transaction unrelated parties. fair value new obligor not.\n Level 1 Quoted prices markets. Level 2 Inputs. Level 3 Unobservable inputs market activity significant.\n disclosure fair value financial assets liabilities\n Cash equivalents accounts receivable payable carrying amount approximates fair value short maturity.\n Long-term debt stated value. not fair value. Fair values based quoted market prices interest rate curves level 2. Estimated fair values estimates level 3 market data not represent change. debt sensitive U. interest rates. interest rate derivative instruments. one percent (1%) decrease interest rates net fair value debt by $23,000 at June 1, 2019.fair long-term debt\n June 1 2019 June 2 2018\n Note payable $1,283 $1,309 $4,750\n Long-term leases 1,054,171\n $2,337,249 $6,090"
}
{
    "_id": "d1b362fe4",
    "title": "",
    "text": "DIVIDENDS\n August 31, 2019 dividends $0. 525 share $2. 10 $103. 7 million paid voting shares. 475 $1. 90 $93. 7 million.\n October 30 Cogeco Communications dividend $0. 58 share payable November 27, shareholders November 13,.\n August\n multiple voting shares 32,951 29,813\n subordinate 70,757 63\n"
}
{
    "_id": "d1b38464e",
    "title": "",
    "text": "\n balances-term $30,694 $1,352 January 1, 2018.\n US $000\n December 31, 2019 2018\n 56,691 39,180\n Long 5,969\n 62 41,061"
}
{
    "_id": "d1b3a6e42",
    "title": "",
    "text": ". Non-Current Assets Region\n table financial deferred tax post-employment benefit insurance contracts.\n employee headcount. revenue.\n Germany 4,486,184\n EMEA 5,386 4,742\n United States 29,744 22,133\n Americas\n 30,154 22,391\n 1,276\n Group 41,302 32,239"
}
{
    "_id": "d1b3a49c6",
    "title": "",
    "text": "Group has non-current borrowing facilities Australian New Zealand Dollars. interest only balances payable at maturity. amounts limits\n Maturity dates 23 July 2020 to 23 December 2026. interest rate bank bill rate plus margin gearing. Security granted over freehold investment properties.\n bank overdraft facility $3m undrawn 30 June 2019 2018. converted AUD $25m into $25. 75m refinanced debt increased club banking AUD $100m NZD $50m increased $150m AUD $25m NZD.\n complied with financial covenants 2019 2018. fair value approximates carrying value. exposure risk note 15.\n 663,800\n 192,250\n 184,038\n"
}
{
    "_id": "d1a71febc",
    "title": "",
    "text": ". Quarterly Financial Data\n 2020 2019 millions share\n Adjusted Pivotal acquisition transaction entities common control.\n 2020 Q1 Q2 Q3 Q4\n Total revenue $2,450 $2,632  $2,656 $3,073\n Net income VMware. 380 5,303 407 321\n common stockholders B income share. $0. 91 $12. 72. 98.\n. B $0. 89 $12. 47."
}
{
    "_id": "d1b39dacc",
    "title": "",
    "text": "product service revenues\n product revenues increased $158. 1 million 2019 higher sales Semiconductor Test 5G Storage Test 3. 5” hard disk Industrial Automation offset decrease Semiconductor Test automotive analog test. Service revenues increased $36. 1 million 10%.\n 2019 2018 no direct customer 10% consolidated revenues. five largest customers 27% 27% revenues.\n revenues Huawei Technologies Co. 11% 4%. OEM customer 10% 13%.\n 2018-2019\n Products revenues $1,887. $1,729. $158.\n Services revenues.\n $2,295."
}
{
    "_id": "d1b31457e",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS\n income taxes\n tax rates differ. federal 21% 2019 2018 tax credits earnings foreign jurisdictions GILTI tax withholding taxes.\n 2018\n Federal(9,627) $1,423 $26,550\n State\n Foreign 18\n $9,684 $15,207 $36,772\n Deferred\n 3,822 4,021 28,297\n State\n Foreign\n deferred provision 10 25,318\n income taxes $10,699 $25,227 $62,090"
}
{
    "_id": "d1b30f8da",
    "title": "",
    "text": "(Income Expenses\n Interest income. decreased $64,000 2018 2017.\n. costs capital leases loans corporate life insurance policies.\n expense. impact foreign currency European Asian currencies US dollar.\n ended March 31,\n expenses\n Interest $(98) $(162) $(64).\n Interest expense.\n expense net (391)\n expense $(479) $77 $556"
}
{
    "_id": "d1b356de8",
    "title": "",
    "text": "Geographic Information\n operate segments Probe Cards Systems. Executive Officer reviews results performance. table summarizes operating results segment\n results performance. executive compensation measures.\n unallocated expenses amortization share-based compensation acquisition-related costs other not allocating. Acquisition-related costs transaction acquisition businesses.\n Fiscal 2019\n Revenues $491,363 $98,101 $589,464\n Gross profit $211,382 $50,927 $237,496\n margin 43. 0 % 51. 9 %. 3 %\n Fiscal 2018\n Revenues $434,269 $95,406 $529,675\n Gross profit $187,320 $47,074 $210,339\n margin 43. 1 %. 3 %. 7 %\n Fiscal 2017\nRevenues $454,794,647,441\n profit $195,903 $46,647 $215,597\n margin. 3"
}
{
    "_id": "d1b3c3056",
    "title": "",
    "text": "tax effects differences deferred tax\n Company valuation allowance deferred tax assets. allowance $31. 4 million $28. 5 million remained July 2019 2018.\n increase $2. 9 million losses tax credits jurisdictions.\n Accruals reserves $7,870 $12,129\n Stock compensation 6,353\n Deferred revenue 2,316\n loss 55,881\n Tax credits 74,819\n deferred tax assets 147,239\n Less valuation allowance 31,421\n assets 115,818\n Less liabilities\n Intangible assets 7,413\n Convertible debt 10,274\n Property equipment\n Unremitted foreign earnings\n commissions\n tax liabilities 25,510\n,308\n Less foreign deferred revenue\ncommissions\n tax 89,402 90,300"
}
{
    "_id": "d1b30ff60",
    "title": "",
    "text": "warranty liabilities\n Equipment warranty. tables liabilities balances\n April 26, 2019 April 27, 2018\n Balance $ 40 50\n Expense accrued\n Warranty costs incurred\n end $ 40\n warranty liabilities $"
}
{
    "_id": "d1b383f1e",
    "title": "",
    "text": "deferred tax liabilities offset. offset.\n net deferred tax assets entities profitable.\n Tax loss carryforwards investment credits 612\n Less unrecognized tax benefit\n 591\n Inventory valuation\n Impairment restructuring charges\n Fixed asset depreciation\n Increased depreciation incentives\n Capitalized development costs\n Receivables government funding\n Tax credits capital investments\n Pension service costs\n Stock awards\n Operating lease liabilities\n Commercial accruals\n differences\n deferred tax assets 2,324\n Valuation allowances (1,534)\n 790\n Accelerated fixed asset depreciation\n Acquired intangible assets\n government funding\n Operating lease right-of-use assets\n temporary differences\n Deferred tax liabilities\ndeferred 659"
}
{
    "_id": "d1b33b3e0",
    "title": "",
    "text": "Marketing\n expenses 2019 decreased $7. 6 million 32%, 2018. global sales marketing headcount restructuring $4. 8 million personnel $1. million facilities technology. Restructuring costs decreased $0. 4 million headcount reduction 13% closure leased facilities. remaining decrease lower marketing costs $0. 6 million.\n Years Ended December 31,\n 2018\n Sales marketing $15,836 $23,425 $(7,589) (32)%\n revenues 32% 40%"
}
{
    "_id": "d1b2fc690",
    "title": "",
    "text": ". INCOME TAXES\n Company files returns. federal California. subject. tax examinations 2015.\n Deferred income taxes differences assets liabilities. provides valuation allowances against deferred tax assets realization uncertain. balances December 31, 2019 2018 tax positions deductibility uncertainty timing. disallowance shorter deductibility tax rate payment cash.\n interest unrecognized tax benefits penalties operating expenses. December 31, 2019 2018 interest penalties.\n income tax provision differs from. federal income tax rate December 31, 2019 2018\n Net taxable) rates $(2,508) $(1,567)\n Stock compensation expense\n Amortization debt discount\n Impairment goodwill\n Valuation allowance 2,518\n Income tax expense"
}
{
    "_id": "d1b31a370",
    "title": "",
    "text": "Incentive Plan\n RSU 2004\n value RSUs 2017 $229. $146. $166. million. value March 31, 2019 $522. million closing common stock $82. share March 29,. average expense 1. 91 years.\n Nonvested shares March 31, 2016 6,307,742 $36.\n 1,635,655.\n 2,059,524.\n Forfeited.\n.\n March 31, 2017,456.\n 1,267,536.\n.\n.\n March 31, 2018 5,672,440.\n 1,951,408.\n 1,805,680.\n.\n,729,324).\n shares March 31, 2019 6,291,962 $64."
}
{
    "_id": "d1b311c48",
    "title": "",
    "text": "Costs Expenses\n Revenues\n tables detail revenues percentage net revenues\n Cost Revenues—Product Sales\n decrease product costs 2019 due Destiny franchise publishing rights Bungie.\n decrease software royalties amortization intellectual property licenses due $133 million software amortization royalties Activision Destiny franchise. offset by\n royalties Call of Duty: Black Ops 4 Sekiro: Shadows Die Twice Call of Duty: Modern Warfare.\n Revenues—Subscription Licensing Other Revenues\n decrease game operations distribution costs due decrease $50 million service provider fees. payment processor server bandwidth.\n decrease software royalties amortization intellectual property licenses due\n$122 million franchise King $36 million software amortization royalties Activision Destiny offset royalties Call of Duty: Mobile October 2019 lower amortization film costs third season Academy September 2018 no comparable release 2019.\n Ended December 31, 2019 Increase\n Cost sales\n costs $656 33% $719  32% $\n Software royalties amortization licenses\n licensing\n Game operations distribution costs 965 21 1,028\n royalties licenses\n $2,094 32% $2,517 34%"
}
{
    "_id": "d1b35fb64",
    "title": "",
    "text": "assets\n December 31, 2019 2018\n Note 10. \"Leases financial statements.\n April 2009, credit facility agreement solar power project €17. 5 million financing system. interest 8. 0% per annum payable quarterly full due December 2026. December 31, 2019 2018 balance €7. 0 million ($7. 8 million $8. 0 million.\n June 2015, 8point3 Energy Partners initial public offering. contributed interests OpCo voting economic interests acquired interest OpCo.\n June 2018 interests Partnership CD Clean Energy Infrastructure V. received net proceeds $240. 0 million. accounted OpCo equity accounting. December 31, 2018 recognized equity earnings $39. 7 million investment OpCo gain $40. 3 million sale. received distributions OpCo $12. 4 million.\nagreement Maryland Solar until December 31, 2019. fixed rent energy. accounted leaseback until sale June 2018. Maryland Solar qualified sale-leaseback accounting recognized net revenue $32. million.\n Note 9. Financial.\n Operating lease assets $145,711\n Indirect tax receivables. 9,446 22,487\n Notes receivable 8,194 8,017\n Income taxes. 4,106\n Equity investments. 2,812 3,186\n Derivative instruments.\n Deferred rent. 27,249\n.,446,495\n $249,854 $98,878"
}
{
    "_id": "d1b3c32cc",
    "title": "",
    "text": "Contract Costs\n Topic 606 requires incremental costs contract amortized over benefit. asset commission costs sales personnel agents contracts. defer costs incremental recoverable. Costs contract amortized as commission expense transfer goods. wireless contracts amortized over Consumer Business upgrade cycles. wireline contracts amortized customer relationship period Consumer. Business insignificant. recorded in Selling general administrative expense.\n defer costs contracts relate contract generate resources recovered through revenue. Contract fulfillment costs expensed obligations recorded Cost of services. relate direct costs wireline business resources.\n determine amortization periods portfolio level similarities.\n Other costs expensed as incurred.\n costs deferred contract costs amortized over 2 to 5-year period. costs classified current non-current Prepaid expenses other assets.\nbalances deferred contract costs balance sheets\n 2019 2018 recognized expense $2. 7 billion $2. 0 billion deferred contract costs Selling expense.\n assess deferred costs impairment quarterly. recognize impairment charge less. no impairment charges recognized December 31, 2019 2018.\n 2019 2018\n Assets\n Prepaid expenses $2,578 $ 2,083\n Other assets\n $ 4,489 $ 3,895"
}
{
    "_id": "d1b372f34",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS\n. QUARTERLY FINANCIAL DATA\n results eight December 2019 2018. adjustments. volatility results indicative.\n December 31, September 30 June 30 March 31,\n Sales $ 338,268 $ 175,127 $ 134,810 140,743\n Gross Profit $112,295 $73,491 $64\n Restructuring Expense $1,418\n Operating income $22,202 $9,390\n Income operations $ 10,479 7,256 23,373 15,387\n Loss discontinued operations\n Net Income $ 10,269 7,631 31,697 15,378\n noncontrolling interest\n Advanced Energy Industries. $ 10,264 7,621 31,686 15,370\nEarnings Per Share\n Continuing Operations\n Basic earnings. 27. 19. 61. 40\n earnings. 27. 19. 61. 40\n Discontinued Operations\n loss share. 01. 01. 22\n loss. 01. 01. 22\n Net Income\n earnings share. 27. 20. 83. 40\n earnings. 27. 20. 82."
}
{
    "_id": "d1b332efc",
    "title": "",
    "text": "Operating Income Margin\n 2019 increased $406 million 7% 2018.\n rounding.\n September 1 2018 adopted FASB ASU No. 2017-07 Compensation-Retirement Benefits Improving Pension Cost Postretirement Benefit Cost. pension reclassified Operating Non-operating expenses. amounts revised current.\n Operating Income Margin\n millions. dollars\n Communications Media Technology $1,555 18% $1,380 17%\n Financial Services 1,238\n Health Public Service\n Products 1,720\n Resources 1,053\n $6,305. $5,899. $406"
}
{
    "_id": "d1b3c5a04",
    "title": "",
    "text": "Contractual Obligations\n obligations December 31, 2019\n obligations orders obligations goods services. orders enforceable binding cancel reschedule adjust. non-cancellable. other obligations goods services. not enforceable change. aggregate estimate obligations.\n Payments due period\n Up to 1 year 3 years 5 years\n Operating lease obligations 16,164 19,812 6,551 5,883 48\n Financing obligations 2,956 5,912 8,868\n Long-term debt 460,000\n Purchase obligations 55,755 16,220 7,595 17,649 97,219\n Total 74,875 41,944 474,146 614,497"
}
{
    "_id": "d1a719184",
    "title": "",
    "text": "Differences taxes. Federal statutory income tax rate\n tax rate March 2017 35%. Tax Cuts and Jobs Act reduced. corporate tax rate 35% to 21% January 1, 2018. tax blended 31. 6%. 2019 21%.\n prior year adjustments offset by full valuation allowance no impact.\n difference $1. 5 million expansion Sec. 162(m) limitation tax law.\n 2018 differences $4. 8 million foreign earnings $45. 6 million tax rate adjustment. offset valuation allowance adjustment net benefit $0. 8 million.\n difference $3. 7 million revaluation net operating loss federal tax rate.\n foreign operations valuation allowance excludes adjustments $3. 8 million. $0. 9 million 2019 2018 2017 impact.\n jurisdictions China Mexico. statutory tax rates 25% 30%. combined\n $5. 7 million, $3.8 million. 1 million.\n Fiscal Years Ended March 31,\n statutory rate $35,791 $59,162 $3,722\n. valuation allowance (67,761\n Unremitted earnings foreign subsidiaries\n prior year adjustments\n IRC section 162 limitation\n Expired foreign tax credits\n Taxable foreign income 3,502\n valuation impact\n Non-taxable gain bargain purchase\n APA settlement\n Tax-deductible equity compensation\n non-deductible expenses\n. tax law changes 50\n taxes federal taxes\n foreign operations tax reserves\n Foreign tax rate differential\n tax law\n foreign operations valuation allowance\n Nondeductible expenses antitrust litigation\n foreign operations\n,460 $9,132 $4,294"
}
{
    "_id": "d1b364b50",
    "title": "",
    "text": "table maturities debt investments July 27, 2019\n differ borrowers prepay obligations.\n 1 year $6,322\n 5 12,191\n 10\n 10\n Mortgage-backed securities no maturity 1,425\n $21,590 $21,660"
}
{
    "_id": "d1b318a5c",
    "title": "",
    "text": ". Taxation\n charge lower effective rate corporation tax UK 19%. differences explained\n Taxation equity £0. 6m (2018 £0. 1m share-based payments.\n tax charge based standard rate UK corporation tax 19%. Deferred income taxes measured rate. assessment average deferred income tax rate 17% balances 31 March 2019.\n £m Profit before taxation 242. 210.\n Tax profit activities standard UK corporation tax rate 19% 46.\n Expenses not deductible.\n Income not taxable.\n Adjustments foreign tax rates.\n prior years.\n Total taxation charge 44. 39."
}
{
    "_id": "d1b354a8e",
    "title": "",
    "text": ". Intangible assets\n goodwill\n allocated listed group. appropriate allocate intangible assets combining portfolios.\n recoverable amount determined fair value less costs disposal. 1 July 2019 NSR 773,343,956 stapled securities Australian Securities Exchange $1. 745 per security market capitalisation $1,349. 5m.\n excess net assets 30 June 2019 future issue equity. security price decreased. 5% market capitalisation excess carrying.\n Goodwill\n net book value 43,954\n Other intangible assets\n 2,051\n Additions\n Amortisation\n 2,546\n Total intangible assets 46,500"
}
{
    "_id": "d1b365cb2",
    "title": "",
    "text": "FINANCIAL INFORMATION\n results under. S. accounting principles non-GAAP measures operating performance. fiscal years 2019 2018 2017 gross profit margin (loss income net (loss income diluted net (loss income per share shares calculation GAAP non-GAAP millions\n non-GAAP measures supplement consolidated financial statements. include items financial results. operating decisions supplemental information earning potential performance excluding benefits credits expenses charges core business results. measures useful investors allow transparency financial operational decision-making institutional investors analyze health business. understand operating results future prospects compare financial results periods peer understand long performance core business. use measures company-wide incentive compensation.\n limitations in non-GAAP financial measures not GAAP different from.non-GAAP measures exclude results. subject limitations judgments management. compensate analyzing future results providing GAAP measures public disclosures. not comparable measures. urge investors review reconciliation not rely single.\n Fiscal Year Ended January 31,\n Gross profit $2,283. $1,753. $1,689.\n Non-GAAP profit $2,317. $1,785. $1,743.\n margin 89%\n 87%\n Loss from operations $(25. $(509. $(499.\n Non-GAAP income (loss $316. $(112.(125.\n Operating margin\n Non-GAAP 12%\n Net loss $(80. $(566. $(582.\n Non-GAAP net income $223. $(106. $(111.\n net loss per share $(0.. 58) 61\n Non-GAAP income share $1. 01 48. 50\n GAAP shares 218. 9 219. 5 222.\n Non-GAAP 222."
}
{
    "_id": "d1b3791b8",
    "title": "",
    "text": ". PROPERTY PLANT EQUIPMENT\n Depreciation $29. $30. $27. 3 million. depreciation lease $5. 3 million $3. 2 million.\n Note 17 Impairments 15 Restructurings.\n Construction 24,848\n Machinery 175,696\n Leasehold improvements 12,962\n Furniture fixtures 3\n Capital lease assets 46,496\n Computer 18,116\n property 281,834,286\n depreciation amortization,363\n $132,647 $149,923"
}
{
    "_id": "d1b3604d8",
    "title": "",
    "text": "Telecommunications Segment\n revenue decreased $97. 5 million to $696. 1 million $793. 6 million. attributed customer mix wholesale voice termination volumes market pressures.\n decreased $94. 2 million to $684. 9 million from $779. 1 million. volumes reduction margin mix.\n Selling general administrative expenses decreased $1. 2 million to $8. 2 million $9. 4 million. due compensation expense headcount bad debt expense.\n operating expense $4. 5 million driven impairment goodwill declining performance.\n Net revenue $696. $793.\n Cost revenue 684.\n Selling general administrative 8.\n Depreciation amortization.\n Other operating expense.\n Income (loss) operations. $4."
}
{
    "_id": "d1b3c3c5e",
    "title": "",
    "text": "U. federal corporate income tax rate change January 1, 2018 remeasured deferred tax assets liabilities. 2018 recorded $108 million tax expense tax rate changes. 2019 $6 million deferred tax assets equity compensation awards executives.\n TCJA imposes transition tax foreign earnings profits. 15. 5% foreign cash 8% remaining earnings. 2018 recorded $732 million tax expense. third quarter 2019 reduction $5 million provisional estimate.\n April 26, 2019 completed accounting tax impacts TCJA assess impact recognize adjustments.\n TCJA minimum tax intangible income foreign income. companies account GMT. GMT recorded $22 million tax expense federal state impacts fiscal 2019.\n October 2016, FASB issued ASU eliminates deferred tax effects intra-entity asset transfers.tax expense sale recognized pre-tax effects eliminated.\n 2017 stock-based compensation tax charge $18 million.\n deferred tax assets liabilities\n valuation allowance increased $14 million 2019. deferred tax assets foreign tax carryforwards state tax credit.\n April 26, 2019 federal net operating loss tax credit carryforwards $2 million $3 million. state loss tax credit carryforwards $25 million $138 million. California research credits offset valuation allowance. $4 million foreign net operating losses $43 million tax credit carryforwards offset valuation. acquired carryforwards limitation Internal Revenue Code Section 382. federal loss carryforwards credits expire 2020 2038. California research Dutch foreign tax credit carryforwards expire.\n Deferred tax assets\n Reserves\nloss credit carryforwards 139 131\n Stock compensation\n Deferred revenue 205 156\n deferred tax assets 426 395\n 303 286\n Prepaids accruals\n Acquired intangibles 32\n Property equipment\n liabilities 104 89\n $199 $197"
}
{
    "_id": "d1b394e18",
    "title": "",
    "text": "PER SHARE\n computed earnings. diluted earnings potentially dilutive shares.\n dilutive shares incentive plans treasury stock method stock options vesting RSUs issuance 2006 ESPP. December 2017 paid cash convertible\n debentures 2035 excluded diluted earnings dilutive. November 2019 issued notice redemption $372 million 2009 Debentures date January 9, 2020. settlement cash. determined dilutive shares treasury stock. included 2009 Debentures diluted earnings average market price above conversion price.\n dilutive shares plans treasury stock method stock options RSUs issuance. December 2017 paid cash convertible debentures 2035 excluded earnings no dilutive. November 2019 notice redemption remaining $372 million 2009 Debentures redemption date January 9, 2020. settlement cash.conversion premium paid cash stock determined dilutive shares treasury stock method. included 2009 Debentures diluted earnings market price above conversion price.\n Securities anti-dilutive excluded.\n Dec 28, 2019 Dec 29, 2018 30, 2017\n Net income common stockholders $21,048 $21,053 $9,601\n shares 4,611 4,701\n Dilutive effect employee incentive plans\n convertible debt\n 4,701\n Earnings $4. 77.\n."
}
{
    "_id": "d1b3022fc",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES\n FINANCIAL STATEMENTS\n amounts millions\n.\n reduction Prepaid leases reclassification Right-use new lease accounting standard.\n receivables $142. $126.\n Prepaid income tax 185. 125.\n Value added tax consumption tax receivables 71. 86.\n 56.\n leases 165.\n assets 57.\n $513. $621."
}
{
    "_id": "d1b3bdaa2",
    "title": "",
    "text": "Cash Flows\n 2019 2018\n table cash flows 2019 2018\n $0. 6 million 2019 loss $3. 8 million debt discount $13 thousand loss debt extinguishment $2. 6 million. offset $108 share compensation $66 debt depreciation $207 intangible amortization $154 outflows. $78 revenue receivable $379 accounts payable accrued expenses. offset $55 royalty $67 income tax $394 accrued interest $44 prepaid expenses $18 liabilities.\n $3. 9 million 2018 loss $3. 8 million debt discount $172 gain debt extinguishment $296 thousand. offset $218 share compensation $87 debt discount $73 depreciation $207 intangible asset amortization $183 outflows. $66 royalty receivable $830 accrued interest expenses.cash outflows offset $109 thousand decrease prepaid expenses assets $604 accounts payable.\n no investing 2019 2018.\n $1. 4 million 2019 proceeds loans.\n $1. 8 million 2018 $4. 350 million proceeds loans. offset $2. 6 million repayments debt retirement Oxford Finance.\n cash\n Operating activities $(3,908)\n Investing\n Financing\n increase cash equivalents $771,129"
}
{
    "_id": "d1b37f2b6",
    "title": "",
    "text": ". REVENUE CONTRACTS CUSTOMERS\n Revenues costs construction contracts recognized performance obligations ASC 606. revenue profit recognized customer control goods services promised. uninstalled materials equipment excluded profit unless progress.\n tables impact adoption ASC 606 statement operations year December 31, 2018 balance sheet\n Revenue $70,965 $68,845 $(2,120)\n Cost goods sold 58,701 57,471 (1,230)\n Gross profit 12,264 11,374 (890)"
}
{
    "_id": "d1b2fc294",
    "title": "",
    "text": "Plan Assets fair value 20 May 26, 2019\n Level 1 assets valued prices. include common stock. companies mutual funds units real estate trusts traded priced.\n Level 2 valued inputs quoted prices yield curves indices. fixed income securities prices data.\n 3 market pricing estimated unobservable inputs.\n Certain assets measured not. long-term varying redemption availability. $51. 0 million managers impose redemption gates redemption. $4. 2 million imposed gates.\n unfunded commitments $48. 3 million private equity $17. 0 million natural resources funds. unfunded commitments plan assets.\n Consolidated Financial Statements Fiscal Years Ended May 26, 2019 May 27, 2018 May 28, 2017\n Level 1 2 3\n\n Cash equivalents $0. $77.\n Equity securities\n. 56.\n International equity securities 87.\n Fixed income securities\n Government bonds 748.\n Corporate bonds 2,255.\n Mortgage-backed bonds 31.\n Real estate funds.\n receivables unsettled transactions 5.\n pension plan assets $150. $3,204. $3,355.\n Investments value 245.\n pension plan assets $3,601."
}
{
    "_id": "d1b32fc66",
    "title": "",
    "text": "Unrecognized Tax Benefits\n July 27, 2019 $1. 7 billion unrecognized benefits tax rate. 2019 $30 million interest $6 million penalty. 2018 $10 million no. 2017 $26 million $4 million penalties. total penalties $220 million $180 million $186 million 2019 2018 2017. federal income tax 2010. foreign tax 1999 2008,.\n tax authorities. federal tax matters 12 months. transfer pricing. unrecognized tax benefits 27, 2019 $50 million 12 months.\n July 27, 2019 28, 2018 July 29, 2017\n Beginning balance $2,000 $1,973 $1,627\n Additions tax positions 185\n Additions prior 84\n Reductions.\n Settlements\n Lapse statute limitations.\n Ending balance. $ 1,925"
}
{
    "_id": "d1b3bfb40",
    "title": "",
    "text": "FAIR VALUE MEASUREMENT\n Company measures financial assets liabilities fair value. determined exit price liability determined principal advantageous market. Inputs classified three-level hierarchy\n Level 1—Quoted prices markets.\n Level 2—Observable inputs model-derived valuations\n.\n Level 3—Unobservable inputs.\n Company considers liquid investments maturity three months less cash equivalents. investments money market funds. treasury bonds commercial paper certificates of deposit securities corporate debt securities classified Level 2 valued transaction price reporting date market-observable data. trades benchmark yields credit spreads broker/dealer quotes bids offers spot rates industry economic events.\n fair value determined inputs 31, 2019 2018\nQuoted Prices Markets Inputs Inputs 3)\n Assets\n Money market funds $2,010\n. treasury bonds 116,835\n Commercial paper 44,300\n Certificates deposit 24,539\n Asset-backed securities 73,499\n Corporate debt securities 181,079\n 442,262"
}
{
    "_id": "d1b2f23f2",
    "title": "",
    "text": "\n objective strong credit rating capital ratios value. returns structure costs.\n dividend return capital issue shares liabilities.\n monitors capital debt to capital ratio. net debt divided total capital. liabilities minus cash. total capital equity net debt.\n strategy reasonable ratio raise capital cost. debt to capital ratios December 31, 2018 2019\n liabilities $158,199,746 $163,347,778\n Cash equivalents (83,661,739 (95,492,477)\n Net debt 74,538,007 67,855,301\n equity 204,397,483 202,913,915\n capital $278,935,490 $270,769,216\n Debt to capital ratios 26. 72% 25. 06%"
}
{
    "_id": "d1b398464",
    "title": "",
    "text": ". Segment Customer Information\n-lived assets geographic area. table presents property equipment location\n April 26, 2019 April 27, 2018\n. $ 572 $\n $ 759 $ 756"
}
{
    "_id": "d1a734aec",
    "title": "",
    "text": "\n Enterprise Security\n Revenue increased $199 million $331 million network web security $36 million endpoint information protection solutions offset $184 million decrease divestiture WSS PKI solutions. subscription cloud solutions less-period more deferred. income increased $286 million higher revenue $51 million decrease sales marketing expenses $38 million cost revenues.\n Variance\n Net revenues $2,554 $2,355 8%\n 53%\n Operating income $473  $187\n margin 19%"
}
{
    "_id": "d1a730672",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars share\n Note 6. Property Equipment Software\n table shows depreciation amortization impairment losses abandoned software projects. future cash fair value $0.\n Ended December 31,\n Depreciation $2,540 $2,320 $2,149\n Amortization 4,764 2,158\n Impairment losses"
}
{
    "_id": "d1b2f46ca",
    "title": "",
    "text": "Research Development Engineering Expense\n. percent 2019 6. percent 2018.\n increased. 3 percent 2019 Higher spending Higher acquisition-related charges Red Hat currency.\n Operating (non-GAAP expense increased. 4 percent acquisition charges.\n year December 31 2019 2018. Percent Change\n consolidated research development engineering $5,989 $5,379. 3%\n Non-operating adjustment\n Acquisition-related charges\n research $5,936 $5,379. 4%"
}
{
    "_id": "d1b3162d4",
    "title": "",
    "text": "profit Canadian American. reporting structure performance.\n Canadian American provide Internet video telephony residential business. Canadian Cogeco Connexion Québec Ontario American Atlantic Broadband Connecticut Delaware Florida Maine Maryland New Hampshire New York Pennsylvania South Carolina Virginia West Virginia.\n Business ICT services segment Cogeco 1 discontinued sale April 30, 2019. Note 8.\n assess performance profit revenue less operating expenses. other expenses reported external.\n Revenue market $1,294,967 Canada $1,036,853 United States. restructuring costs acquisition FiberLight American.\n Year ended August 31, 2019 Canadian American broadband services Inter-segment eliminations Consolidated\n dollars\n Revenue 1,294,967 1,036,853\n Operating expenses 606,286 571,208 1,203,980\nCogeco. 19,900\n profit 688,681,645,107,940\n Integration acquisition,150\n Depreciation amortization 254,345 226,301,725\n Financial expense 175,502\n Profit taxes 440,563\n 356,908\n Acquisition property equipment 241,940 192,605 434,545"
}
{
    "_id": "d1b340598",
    "title": "",
    "text": "Postretirement Benefit Plans\n pension benefits. Teradyne employees early retirement Welfare Plan medical dental benefits 65. Death benefits fixed sum survivors. employees eligible benefit obligation.\n December 31 balances postretirement assets obligations\n Assets Obligations\n Change benefit obligation\n $9,256 $6,177\n Service cost\n Interest cost\n Actuarial loss\n Special termination benefits 3,708\n 9,003,256\n plan assets\n value\n Company contributions 1,358\n Funded status $(9,003) $(9,256"
}
{
    "_id": "d1b2e3a5a",
    "title": "",
    "text": "Profit loss after taxes\n METRO China reclassified income loss discontinued operations consolidation measures. shares consolidation included discontinued section. previous year’s figures adjusted.\n Profit loss discontinued operations taxes shareholders METRO AG €118 million (2017/18 €87 million. Noncontrolling interests €5 million earnings (2017/18 €1 million.\n divestment expenses low 2-digit million incurred.\n profit loss discontinued operations taxes METRO China\n million 2017/2018 2018/2019\n Sales 2,680,901\n Expenses −2,563 −2,736\n earnings discontinued operations before taxes\n Income taxes gains/losses −29\n after taxes\n Gains/losses\n"
}
{
    "_id": "d1b3577de",
    "title": "",
    "text": "Non-GAAP Integration Transformation Costs Special Items\n $18 million hardware Q3 2018 $15 million content $27 million hardware software internal labor Q1 2018.\n $55 million restructuring reserve Q2 2018.\n Level 3 acquisition colocation data center sale January 1 2017.\n Integration Transformation Costs Special Items EBITDA\n Consumer litigation settlement $65\n Loss sale data colocation\n hardware software\n special items\n integration transformation costs\n transaction expenses\n costs items"
}
{
    "_id": "d1b3bb45a",
    "title": "",
    "text": ". Directors management compensation\n details amounts earned Directors Executive Committee.\n emoluments\n Excludes gains incentive plans.\n Includes cash allowance pension contributions\n No Directors exercised share options 31 March 2019 gain. 1 million 2017:. 7 million\n 2018\n Salaries fees\n Incentive\n Other\n"
}
{
    "_id": "d1b32775a",
    "title": "",
    "text": "ADVANCED INDUSTRIES. FINANCIAL STATEMENTS\n. WARRANTIES\n agreements warranties 12 24 months. estimated cost warranty obligation experience.\n obligation Balance Sheets. Changes warranty obligation\n Ended December\n Balances $2,084 $2,312 $2,329\n Warranty combinations\n Increases accruals 1,752 1,606 2,029\n expenditures (2,249),127,184)\n exchange rates\n end period $6,413 $2,084"
}
{
    "_id": "d1b3af812",
    "title": "",
    "text": "Interest Income Expense\n earned cash equivalents restricted cash marketable securities. increase higher yields longer duration investments higher balances.\n expense term loans offset-rate swap contracts charges. decrease lower debt balances CMI acquisition expense loan.\n foreign currency impact gains losses.\n 28, 2019\n Interest income $2,714 $1,356 $548\n balance cash investments $179,526 $138,467\n yield 2. 05 %. %.\n Interest expense $1,915 $3,314 $4,491\n Average debt $56,776 $90,086 $127,598\n interest rate debt 4. 09 %. %."
}
{
    "_id": "d1b300222",
    "title": "",
    "text": "Net Income Share\n table basic diluted earnings\n December 27, 2019\n income share\n. 82.\n. 81.\n shares\n 29,532,342 28,703,265 26,118,482\n Diluted 30,073,338 29,678,919 27,424,526"
}
{
    "_id": "d1a731748",
    "title": "",
    "text": "realisation obligations year end\n Group applies IFRS 15 disclose obligations one year less.\n year deferred income unsatisfied obligations recognised revenue future\n represents revenue remaining obligations. amounts include orders performed.\n million\n Within one year 18. 15.\n Greater one year 10. 12.\n 28."
}
{
    "_id": "d1a737d96",
    "title": "",
    "text": "small OEM customers net revenues expect concentration. OEMs use contract manufacturers. net revenues from sales contract manufacturers consignment warehouses.\n sales foreign domestic distributors OEMs contract manufacturers. Direct sales consignment warehouses 41. 3% 34. 39. 0% net revenues 2019 2017.\n Sales foreign domestic distributors 56. 0% 62. 5% 57. 5% net revenues. direct customers 10% or more net revenues\n Nokia largest customer 2019 2017. purchases contract manufacturers distributors. purchases 45% 36% 41% net revenues.\n revenues impacted fluctuations sales Nokia future sales affect results. other OEM customers 10% net revenues 2019 2017.\n Contract manufacturers consignment warehouses\n Flextronics Technology. 8%.\n Sanmina.\n Distributors\nAvnet Logistics 31.\n Nexcomm 14."
}
{
    "_id": "d1b321864",
    "title": "",
    "text": ". Fair Value Measurements\n valuation techniques fair value assets liabilities\n Cash Equivalents. December 31, 2019 2018 money market funds. prices identical classify Level 1.\n Marketable Securities Restricted Investments. foreign debt government obligations U. S. debt time deposits investments foreign U. S. government obligations. classify techniques Level 1 or 2. counterparties’ credit standing.\n Derivative Assets Liabilities. foreign exchange forward contracts major currencies interest rate swap contracts interest rates. not traded standard industry valuation models. project future cash flows discount present value-based inputs interest rate curves credit risk foreign exchange rates prices. active markets term classify valuation techniques Level 2.evaluating credit risk effect credit fair value derivative assets liabilities.\n December 31, 2019 2018 fair value measurements\n Measurements Reporting Date\n 31, 2019 Quoted Prices Active Markets Identical Assets Inputs Unobservable Inputs 3)\n Assets\n Cash equivalents\n Money market funds. $7,322\n Marketable securities\n Foreign debt 387,820\n government obligations\n. debt. 66,134\n Time deposits. 335,541\n Restricted investments. 223,785\n Derivative assets. 1,338\n assets. $ 1,043,951 $ 342,863\n"
}
{
    "_id": "d1b33c48e",
    "title": "",
    "text": "assets decreased €569 million €7. billion. billion. Cash equivalents €407 million. 5 billion.\n Adjusted discontinued business.\n consolidated financial statements.\n. 30/9/2018\n assets 7,703 8,329 7,761\n Inventories 26 2,108 1,905\n Trade receivables 27 571 496\n Financial assets\n 24 913 796 881\n tax refunds 206\n Cash equivalents 29 1,298 906\n Assets 2,605 4,024 3,758"
}
{
    "_id": "d1b37423a",
    "title": "",
    "text": "Performance-Based Restricted Stock Units\n eligible vest fiscal year three-year based annual growth rate net sales non-GAAP diluted earnings per share four times results fourth quarter 2018 peer.\n-based units granted 2019 60% net sales 40% non-GAAP diluted earnings per share. maximum percentage 50% target units vesting capped 30% 100% target units years one two.\n December 31, 2019 probable achieve performance metrics expected revenue non-GAAP diluted EPS results growth rates.\n performance-based stock unit activity\n Number shares granted based maximum percentage.\n Number Weighted-Average Grant-Date\n Fair Value per Share\n December 31, 2018\n.\n December 31,."
}
{
    "_id": "d1b340c28",
    "title": "",
    "text": "\n Free Cash Flow £54. 9m FY19 £92. 4m US cash flows. conversion rate 36% Adjusted EBITDA 45%. Conversion increased 47% 33% improved EBITDA capital interest costs exceptional cashflows.\n factors cash. disposal US business capital restructuring dividend payments.\n Net Debt decreased £288. 5m £501. 1m FY18. Net Debt:EBITDA leverage 1. 8x. 2019 2. 3x September 2018. debt Freshtime acquisition. 27 facilities £506m maturity 4. years.\n ROIC 14. 4% 12 months. 6% 2018. increased investment acquisition Freshtime increased tax rate.\n Free Cash Flow.\n Net Debt.\n.\n."
}
{
    "_id": "d1b33ab70",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS amounts millions\n. INCOME TAXES\n December 31, 2012, Company filed intends U. S. federal income tax returns REIT domestic separate tax returns. files tax returns states countries. state tax returns reflect subsidiaries dependent connection state organization. information income taxes consolidated basis.\n income tax provision continuing operations\n effective tax rate years December 31, 2019 2018 2017 differs federal statutory rate due qualification REIT adjustments state foreign items. deduct earnings against income REIT operations. offset income NOLs limitations.\n.\n (5.\n.\n.\n.\n 53. 85.\n Income tax benefit (provision."
}
{
    "_id": "d1b2ee34c",
    "title": "",
    "text": "Company maintains allowance doubtful accounts. monitors credit risk receivables. considers aging creditworthiness economic conditions.\n allowance doubtful accounts\n increases expense December 31, 2019 2018 2017 reflect receivables.\n Years Ended December\n 2018 2017\n Balance -$3,912 -$4,799 -$3,873\n Provision increase -2,561 -1,505 -2,086\n Amounts written recoveries 1,368 2,269 1,305\n Foreign currency translation adjustments\n end period -$5,149 -$3,912 -$4,799"
}
{
    "_id": "d1b3203ce",
    "title": "",
    "text": ". 25% Notes Embedded Cash Conversion Option\n. derivative liability changes value recognized consolidated statements.\n initial value liability $82. 8 million reduced carrying value. 25% Notes original issuance discount. measured fair value Level 3 fair value hierarchy. Note 1 Presentation Accounting Policies.\n table impact changes. 25% Call Option. Notes statements\n December\n. 25% Call Option $ (9,020 (37,474) 29,498\n. 25% Embedded cash conversion option 9,789 37,803 (30\n Net (loss income $ 769 $ 329"
}
{
    "_id": "d1b3c24f8",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n Quarterly\n Net sales $117,625 $120,684 $115,651\n Gross margin $40,615 $41,204 $37,057\n Operating earnings $14,218 $17,083\n earnings $11,419 $11,943 $2,722 $10,062\n earnings.\n.\n Net sales $113,530 $118,021 $118,859 $120,073\n Gross margin $38,433 $41,813 $42,082\n Operating earnings $13,359 $14,544 $16,118 $17,017\n earnings,54 $7,209 $10,211 $17,564\n earnings.\n."
}
{
    "_id": "d1b2e7cb8",
    "title": "",
    "text": "Plans\n maintain termination postretirement. disability. Eligibility local requirements.\n Funded Status\n postretirement health plans\n April 26, 2019 27, 2018\n value assets $ 31 $ 25\n Benefit obligations (61) (53)\n Unfunded obligations $(30) $(28)"
}
{
    "_id": "d1b36bf9a",
    "title": "",
    "text": ". 6 Provisions\n Recognition measurement classification\n Employee benefits annual service leave\n Group recognises liability for annual leave present value future payments services projected unit credit method. future wage salary levels departures periods service. payments discounted market yields corporate bond rates future cash outflows.\n within 12 months.\n Annual leave current obligation pay.\n Clawback provisions\n fees insurance funds broadband providers mortgage brokers clawed early termination membership. triggered policy. clawback period 0 24 months.\n measured present value expenditure obligation discounted cash flow methodology. risks factored cash flows corporate bond rate discount rate. provisions discounted pre-tax rate. increase provision interest expense.\n Group provides liability rates attrition recognises revenue clawback.\nCONSOLIDATED\n 2019 2018\n Annual 2,349 2,233\n 830 781\n Clawback 2,463\n 6,135 5,701\n Non-Current\n"
}
{
    "_id": "d1b350c5e",
    "title": "",
    "text": "FINANCIAL STATEMENTS share data\n 2017 Tax Cut Jobs Act one-time transition tax repatriation foreign earnings no incremental US Tax. limited taxes foreign withholding state taxes. company records deferred tax liability estimated state tax cost undistributed not.\n Tax Act Global Intangible Low-Taxed Income taxes return assets. tax expense.\n financial statement benefit tax position. December 31, 2019 approximately $5,016 unrecognized tax benefits effective tax rate. changes 12 months.\n reconciliation tax benefits\n interest penalties tax benefits income tax expense. December 31, 2019 $707 $2,515 interest penalties accrued.\n subject taxation U. states non-U. jurisdictions. income tax returns 2016 through 2018. review prior tax years tax credit.non. tax returns 2008 2018 local statutes.\n December\n Balance January 1 $3,649 $4,670\n current tax positions\n prior\n statute limitation\n settlements taxing authorities\n Balance December 31 $5,016 $3,649"
}
{
    "_id": "d1a7326f2",
    "title": "",
    "text": "\n allocates sales. Caribbean Canada Central South America.\n domestic international sales three years\n assets 2019 2018 property plant equipment $1,406,546 $412,755 Mexico.\n United States $78,553,000 $72,295,000 $67,901,000\n Countries 6,481,000 5,356,000\n Sales 85,034,000 $77,651,000 $73,948,000"
}
{
    "_id": "d1b386e80",
    "title": "",
    "text": "Summarized Quarterly Financial Data\n table presents unaudited results eight fiscal quarters. statements.\n UNAUDITED QUARTERLY RESULTS\n thousands\n dilutive securities treasury stock method.\n Three Months March June September December 31,\n Net sales $143,791 $156,391 $114,092 $115,787\n Gross profit $60,612 $65,015 $46,331 $47,209\n Operating income $(6,167,288,070\n Net income $770 $3,995(46,123\n Earnings common share.\n diluted."
}
{
    "_id": "d1a722202",
    "title": "",
    "text": "Research Development Expense\n increased $19. 1 million 2018 2017. due $18. 1 million employee costs 159 229. remaining increase $2. 9 million hosting software $0. 3 million subscription cost offset $1. 0 million office expenses. $7. 8 million 2018 $6. 3 million expense $1. 4 million 2017.\n Ended December 31,\n Research development $ 41,305 $ 22,241 $ 19,064. 7%\n revenue 28%"
}
{
    "_id": "d1b2f7b68",
    "title": "",
    "text": "Contractual Obligations\n table contractual obligations commercial commitments at December 31, 2019. detail consolidated financial statements.\n long-term debt variable coupon rates exclude unamortized debt costs Note 7. Note 6.\n purchase obligations commitments services equipment software marketing services. represent entire purchases. purchase products services no firm commitment.\n future cash outflows cash position. See Note 16.\n long-term liabilities estimated postretirement benefit pension plan contributions. contributions minimum funding contributions 2026. postretirement benefit future.\n subject to change exclude expectations beyond 5 years. See Note 11.\n future minimum payments sublease arrangement tower transaction. Note 6.\n unrecognized tax benefits balance $2. 9 billion interest penalties settled until. See Note 12.\n Payments Due Period\n\n Obligations\n Long-term $110,865 10,470 16,431 74\n lease 1,213\n debt 112,078 10,836 16,910 74,285\n Interest 62,450 4,578 8,383 7,426\n 25,968 4,099 7,127 5,485 9,257\n Purchase 18,769 8,384 7,448\n long-term 4,135 694 1,692\n 1,539 281\n obligations $ 224,939 28,872 42,139 26,751 127"
}
{
    "_id": "d1b3aed54",
    "title": "",
    "text": "Deferred commissions\n ASC 606 capitalize sales contracts. amortize commissions transfer goods. tables activity commissions sheets\n April 26, 2019 27, 2018\n current assets $ 75 $ 66\n non-current assets\n deferred commissions $ 172 $ 137"
}
{
    "_id": "d1a731306",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n. RECEIVABLE NON\n reduction Long-term prepaid ground rent reclassification Right-of-use new lease accounting standard.\n December 31, 2019\n Long-term prepaid ground rent $607.\n.\n miscellaneous assets.\n $406."
}
{
    "_id": "d1b3b9614",
    "title": "",
    "text": "August 1, 2019 Company acquired 100% Automated Packaging Systems. manufacturer bagging systems. acquisition Product Care. solutions markets.\n $445. 7 million cash. balance sheet $58. 2 million liabilities deferred incentive compensation plan European employees. $19. 7 million paid December 31, 2019. Sealed Air remaining payments installments two years.\n purchase price funded incremental term facility Credit Agreement. December 31, 2019 transaction expenses Automated $3. 3 million. selling expenses Consolidated Statements Operations.\n summarizes Automated allocation purchase price assets liabilities. preliminary adjustment. estimates one year acquisition.\n August 1, 2019 $8. 6 million cash receivables. Cash Automated. impact Consolidated Balance Sheets September 30, 2019.\n August 1, 2019 $19.4 million recorded non liabilities preliminary balance sheet third quarter 2019 Form 10-Q filing. related second installment deferred incentive compensation plan Automated European employees. two payments twelve months acquisition second current liabilities. preliminary allocation August 1 2019 shows second installment.\n Revised Allocation\n August 1 2019 December 31, 2019\n consideration transferred $ 445.\n Assets\n Cash 16.\n Trade receivables 37.\n.\n Inventories 40.\n Prepaid expenses current assets 2.\n Property equipment 79.\n intangible assets 78.\n 261.\n Operating lease right-of-use-assets.\n non-current assets 24.\n $ 540. 545.\n Liabilities\n Accounts Payable 12.\n long-term debt 2. 6.\n operating lease liabilities. 5.\n 56. 2 55.\n debt 4. 3.\n 2. 8.\n Deferred taxes.\n non-current 19. 8 6 21.\n liabilities 94. 9 5. 100."
}
{
    "_id": "d1b3a358a",
    "title": "",
    "text": "Acquisition-Related Expenses\n Level 3. summarizes transformation severance retention compensation transaction\n December 31, 2019 $950 million Level 3. selling general administrative expenses.\n $47 million acquisition. not included results operations.\n Ended December\n millions\n Transaction-related expenses\n Integration transformation 234 391\n Total acquisition expenses $234 393"
}
{
    "_id": "d1b386d40",
    "title": "",
    "text": "Income Taxes\n operations. jurisdictions offset release valuation allowance. federal deferred tax assets limitations. December 28, 2019 valuation allowance $36. 6 million against California deferred tax assets foreign tax credits uncertainty future.\n 2018 $75. 8 million reduction valuation allowance. deferred tax assets. lower statutory tax rate. offset higher profits foreign jurisdictions.\n tax rate taxable income valuation allowance. tax laws expansion deductibility.\n Fiscal Year\n December 28, 2019 29, 2018 30, 2017\n Provision income taxes $11,717 $(70,109 $1,293\n Effective tax rate 22. %."
}
{
    "_id": "d1b394044",
    "title": "",
    "text": "net sales North America 2019 2018\n increased 12% $661. 3 million. PCM $716. 1 million core $51. 3 million. hardware software services increased 10% 14% 25%.\n Hardware $3,957,507 $3,610,356\n Software 1,269,983 1,112\n Services\n $6,024,305 $5,362,981"
}
{
    "_id": "d1b33a846",
    "title": "",
    "text": ". DEPRECIATION AMORTIZATION\n 2018 restated IFRS 15 accounting policy Cogeco discontinued operations. policies operations.\n 2019 depreciation amortization increased. 9% MetroCast acquisition depreciation property plant equipment appreciation US dollar Canadian dollar.\n August\n Depreciation property plant equipment 423,432 387,726.\n Amortization intangible assets 57,293 45,928.\n 480,725,654."
}
{
    "_id": "d1b365190",
    "title": "",
    "text": "Long-lived assets region\n fixed assets property plant equipment 2019 new lease accounting standard ROU other not allocated location.\n Credit Note 2.\n December 31,\n 2018 2017\n assets region\n Americas $322 $203 $197\n EMEA 142 62\n Asia Pacific 21\n assets $485  $282 $294"
}
{
    "_id": "d1b3558a8",
    "title": "",
    "text": "Trade Receivables\n non interest-bearing 30–90 day payment terms territory. carrying value fair value. 31 March 2019 provision impairment $0. 6M. operating expenses receivables.\n contract acquisition expense deferred $0. 9M $259. Sales Marketing costs $8. $239. 9M.\n 31 March 2019 2018\n receivables 128. 151.\n Prepayments 26. 23.\n Deferral acquisition. 29.\n.\n 195. 210.\n Non\n 15. 16.\n.\n."
}
{
    "_id": "d1b39a5ac",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS thousands share amounts\n pension plan assets category December 31,\n December 31, 2019 assets $14. 9 million invested five funds multiasset fund. diversified growth fund. index-linked gilt. corporate bonds. insurance contracts (7%. funds return reduced volatility classes equities bonds cash alternatives. property infrastructure debt currency. bond fund gilt fund invested index-linked gilts corporate bonds. investments protection interest rates inflation.\n December 31, 2019\n Multi-Asset Fund $4,825\n Diversified Growth Fund 4,855\n Index-Linked Gilts 1,934\n Corporate Bonds 2,090\n Insurance Contracts\n December 31, 2018\nMulti-Asset Fund $4,570\n Diversified Growth Fund 4,650\n Index-Linked Gilts 2,044\n Corporate Bonds\n Insurance Contracts\n Cash\n $13,308 $13,433"
}
{
    "_id": "d1b3b60c2",
    "title": "",
    "text": "Goodwill\n excess consideration transferred over fair value assets. Autodesk tests goodwill for impairment annually fourth fiscal quarter impairment reporting units.\n qualitative factors impairment quantitative test. include cost financial performance legal regulatory contractual political business entity specific industry market considerations macroeconomic conditions events. fair value greater than carrying value quantitative impairment test unnecessary.\n test necessary optional assessment or fair value greater. publicly traded fair value approximated by market capitalization.\n Goodwill impairment estimated fair value less than carrying value. value reduced to fair value impairment charge statements. evaluating potential impairment subjective requires judgment.Autodesk’s goodwill impacted financial results market capitalization slowdown economy changes business strategy.\n Autodesk market capitalization excess carrying value January 31, 2019. no goodwill impairment 2019. goodwill impairment losses 2018 2017.\n table summarizes changes goodwill 2019\n Purchase accounting adjustments reflect value assets liabilities 2019.\n January 31, 2019 2018\n Goodwill $1,769. $1,710.\n accumulated impairment losses.\n Additions acquisitions 866.\n foreign currency translation measurement period adjustments.\n Goodwill end year $2,450. $1,620."
}
{
    "_id": "d1b301ffa",
    "title": "",
    "text": "Leases Contractual Commitments\n VMware leases office facilities equipment. future lease commitments January 31, 2020\n exclude lease payments $361 million sublease income.\n future lease commitments after 2025 ground leases Palo Alto headquarter facilities expire 2047. leases payable foreign currencies payments fluctuate exchange rate.\n Future Lease Purchase Obligations Asset Retirement Obligations Total\n 2021 $144 $168 $313\n 2022\n 2023 127\n 2024\n 2025\n $1,202 $255"
}
{
    "_id": "d1b3a2fb8",
    "title": "",
    "text": "Property plant equipment\n December 31, 2019 2018\n estimated lives. revised Series 6 equipment 10 to 15 years. reduce depreciation $15. million per year. Depreciation $176. 4 million $109. 1 million $91. 4 million 2019 2018 2017.\n Land $14,241,382\n Buildings improvements. 664,266\n Machinery. 2,436,997 1,826,434\n Office equipment furniture. 159,848 178\n improvements 48,772\n Construction 243,107\n Property plant equipment 3,567,231 3,041,068\n Accumulated depreciation. (1,386,082)\n $2,181,149 $1,756,211"
}
{
    "_id": "d1b391722",
    "title": "",
    "text": "financial performance\n presents operating performance revenue adjusted EBITDA. IFRS 15 1 April 2018 results 31 March 2019 IFRS 15 March 2018 18 comparison. financial performance IAS 18 years. “Alternative performance measures” page 231 reconciliations.\n performance organic growth merger acquisition activity foreign exchange rates. alternative measure. page 231.\n Revenue service revenue regional results Europe Rest World Other eliminations. 2019 results reflect foreign exchange rates €1:£0. 88 €1:INR 80. 93 €1:ZAR 15. 92 €1:TKL 6. 05 €1: EGP 20. 61.\n Service revenue adjusted EBITDA EBIT operating profit alternative performance measures. non-GAAP financial information not. page 231 reconciliations page 250.\nadjusted results equity associates joint ventures excludes amortisation customer bases brand assets restructuring costs. 6 billion.\n IAS 18 growth\n Revenue 43,666 45,066  46,571.\n Service revenue 36,458 39,220  41,066.\n Other revenue 7,208   5,505\n Adjusted EBITDA 13,918 14,139 14,737.\n Depreciation amortisation (9,665)\n Adjusted EBIT 4,253 4,474  4,827.\n Share adjusted results associates joint\n Adjusted operating profit 3,905 4,183  5,216.\n Impairment loss (3,525)\n Restructuring costs\n Amortisation bases assets\n Other income expense\nOperating (951) 4,299\n Non-operating expense\n Net financing costs (1,655) (389)\n Income tax (1,496)\n (4,109\n discontinued operations (3,535) (1,969)\n (7,644),788"
}
{
    "_id": "d1b318f20",
    "title": "",
    "text": ". Financial Data\n consolidated data Part II Item 7 Financial Condition consolidated financial statements notes Part II 8 Annual Report 10-K.\n consolidated income 2019 2018 2017 balance sheets statements Part II 8. 2016 2015 balance sheets. historical results not indicative future.\n costs expenses include 4,840 million 4,150 million 3,720 million 3,220 million 2,970 million share-based compensation December 31, 2019 2018 2017 2016, 2015,.\n Consolidated Statements Income\n Revenue $70,697  $55,838 $40,653 $27,638 $17,928\n Total costs $46,711 $30,925 $20,450 $15\n Income operations $23,986 $24,913 $20,203 $12,427 $6,225\n$24,812 $25,361 $20,594 $12,518 $6,194\n $18,485 $22,112 $15,934 $10,217 $3,688\n $18,485 $22,111 $15,920 $10,188 $3,669\n Earnings share\n $6. $7.\n $6."
}
{
    "_id": "d1b344f08",
    "title": "",
    "text": "Repurchase Shares\n November 2018 Board authorized repurchase $5. 0 billion Common Stock. open market private derivative contracts financial institutions law. no termination discontinued. Funding cash generation borrowings. June 30, 2019 purchased $2. 0 billion $0. 5 billion open market trading $1. 5 billion accelerated share repurchase arrangements.\n June 4, 2019 institutions $750 million Common Stock. initial delivery 3. 1 million shares 75% prepayment stock price June. total based average daily volume price Common Stock less discount. Final settlement November 20, 2019.\n January 31, 2019 agreements $760 million Common Stock. initial delivery 3. million shares 75% prepayment. total shares based average daily volume price discount.May 2019 receipt. 8 million additional shares-average share price $182. 32.\n Share repurchases\n fiscal year June 30 2019 acquired. 5 million shares $80. 5 million withheld share settlements tax restricted stock awards equity compensation plans. shares retained not Board-authorized repurchase program authorized equity compensation plan.\n Average price paid share excludes accelerated share repurchases.\n Shares Repurchased Average Price Paid Announced Plans Amount Repurchase Program\n balance June 24, 2018 $1,733,638\n Quarter September 23, 2018 $183.\n Board authorization $5. billion November 2018\n Quarter December 23, $145.\n Quarter March 31, 2019.\n April 1.\n.1,143,258\n May June 30 $176.,500\n 21,517 $181. 21,059"
}
{
    "_id": "d1b335d96",
    "title": "",
    "text": ". NET DEFERRED GAIN\n NetLink Trust Info-communications Media Development Authority Next Generation Nationwide Broadband Network.\n Singtel sold infrastructure assets manholes buildings NLT. gain disposal deferred financial amortised. unamortised deferred gain released NLT sold.\n Singtel sold 100% interest NLT NetLink NBN Trust July 2017 cash 24. 8% interest. Net deferred gains S$1. 10 billion released. Singtel ceased interest 24. 8%.\n Singtel sold 100% interest NLT July 2017 cash 24. 8% interest. Net deferred gains S$1. 10 billion released. Singtel ceased units interest 24. 8% units.\n March April\n Unamortised deferred gain 446. 1,616.\nReclassification Note 23 (50. 9)\n deferred gain 395. 377 1,351.\n 20. 68.\n Non-current 375. 1,282.\n. 1,351."
}
{
    "_id": "d1b3b7846",
    "title": "",
    "text": ". Income taxes\n differences deferred tax assets\n Company assesses likelihood deferred tax assets. considers valuation allowance. maintains full valuation allowance deferred tax assets net operating loss carryforwards foreign operations Canada Europe Asia Latin America Australia United States Section 382 Internal Revenue.\n December 31, 2019 net operating loss carry-forwards $994. 0 million. federal $97. 6 million European Mexican Canadian Asian operations $890. 1 million $3. 3 million $1. 8 million $1. 0 million. Section 382 limits ownership changes. utilization limited. $38. 4 million limited Section 382. carryforwards outside $896. 4 million not. carryforwards expire 2025 2036. Mexican Asian Canadian 2020 2029. European operations $744. 6 million $145.million expire 2020 2035.\n $2. 3 million transition tax 2017 deferred income non-US subsidiaries. unrecognized deferred tax liability.\n Deferred Tax Assets\n loss $255,269\n Tax credits 2,261\n Equity compensation 4,116\n Operating leases 32,289\n deferred tax assets 293,935 261,015\n Valuation allowance\n Deferred Tax Liabilities\n Depreciation amortization 34,884\n Accrued liabilities 107,711\n Right-of-use assets\n deferred tax liabilities 172,265\n deferred tax $2"
}
{
    "_id": "d1b3393c4",
    "title": "",
    "text": "funded plans\n Ended March\n assets $90,365 $84,718\n obligations 143,662 128,915\n Underfunded $(53,297,197)"
}
{
    "_id": "d1b36de6c",
    "title": "",
    "text": "Property Equipment\n. Depreciation computed. December 31, 2019 2018 equipment\n Computer office equipment 3 - 5 years $143,942 $129,359\n Leasehold 33,346\n Furniture fixtures 7 years\n Building improvements 7 - 30 years 14,553\n Non-depreciable 1,785\n equipment 206,606 190,121\n accumulated depreciation (136,226,392\n $ 70,380 72,729"
}
{
    "_id": "d1b372692",
    "title": "",
    "text": "Markets Pricing\n three largest markets fresh frozen chicken food service medium-sized quick-serve small.\n table poultry processing customer market weekly capacity average size.\n big bird plants process large bird. sold as fresh bulk-packed chicken boneless breast meat chicken tenders whole wings boneless thigh meat restaurants food service processors negotiated spreads market prices. long-term contracts prices fluctuate prices. dark meat sold as frozen leg quarters fresh whole legs. sales at negotiated commodity prices. few long-term contracts product.\n October 31, 2019 Company process 7. 1 million head per week plants results affected by fluctuations commodity market prices for boneless breast meat chicken tenders wings leg quarters thigh meat.\nUrner Barry independent reporting market news price quotations food protein industries poultry. Barry spot market prices for boneless breast meat chicken tenders leg quarters whole wings boneless thighs past five years published permission. prices equal market prices contracts offer negotiated discounts. market price benchmark customer driven\n chill-pack plants process medium sized birds package product trays specifications. trays weighed pre-priced for retail grocery. sells Sanderson Farms® brand. long-term contracts with customers. pricing prices negotiated formulas guidelines. contracts sale negotiated quantities prices. require specific quantity. October 31, 2019 process 6. 5 million head per week results affected by Urner Barry prices market benchmarks.\n pricing customer driven.discontinuation 2016 Georgia Dock index published Georgia Department of Agriculture chill-pack customers used index pricing formulas. contracts flat prices some index Express Markets.\n products sold chicken plant long-term contracts fixed prices spot commodity price chicken premium additional processing.\n Plant Location Market Capacity Per Week Industry Bird Size\n Laurel, Mississippi 650,000.\n Hammond Louisiana.\n Hazlehurst Mississippi.\n Collins Mississippi 1.\n Waco Texas.\n Palestine.\n. Pauls North Carolina.\n McComb, Mississippi 1.\n Bryan, Texas.\n Moultrie Georgia.\n Kinston, North Carolina.\n Tyler, Texas."
}
{
    "_id": "d1b32c16a",
    "title": "",
    "text": "Transactions stock options employees\n expected life awards. Company determines experience contractual terms vesting schedules exercise patterns pre forfeitures. estimates volatility historical volatility price data. bases risk-free interest rate-Scholes option implied yield. Treasury zero-coupon issues term life. paid cash dividends. uses expected dividend yield zero Black-Scholes option valuation model. uses historical data pre-vesting option forfeitures records share-based compensation awards. calculates compensation forfeitures experience.\n Average Exercise Price Per Share\n January 1, 2018 4,376,474.\n.\n Exercised\n Cancelled expired (1,094,075).\n December 31, 2018 3,349,793.\n Cancelled expired\n December 31, 2019 3,349,793."
}
{
    "_id": "d1a71a016",
    "title": "",
    "text": "Annual Dividends Paid Proposed\n table euro annual dividends per ordinary share. One SAP ADR represents one SAP SE share. final dividend equal one SAP SE share euro. dollar exchange rate. tax credits German taxpayers. shares ADRs resident “Item 10. Additional Information Taxation.\n Translated euro. dollars. Depositary convert dividend payments.\n approval Annual General Meeting May 15, 2020.\n Translated euro. February 7, 2020 US$1. 0950 per €1. dividend differ exchange rate.\n profits SAP SE financial performance. dividends affected exchange rates 3. Information Exchange. timing future dividend future earnings capital needs factors proposed Executive Board Supervisory Board approved Annual General Meeting Shareholders.\nstrong financial performance Supervisory Board approved November 2019 plan enhanced capital return 2020. repurchase shares issue special dividend €1. 5 billion December 31, 2020.\n Dividend Ordinary Share\n Ended December 31, US\n 2015. 15. 30\n.\n.\n.\n. 58. 73"
}
{
    "_id": "d1a727810",
    "title": "",
    "text": ". Remuneration directors\n Relinquished Independent Director. July 10, 2018.\n Independent Director. September 28, 2018.\n Additional Independent Director. December 18, 2018.\n Director. January 10, 2019.\n Chandrasekaran Chairman abstained receiving commission Company.\n no payment commission Non-Executive Directors full time employment.\n Remuneration Sitting Fees attending board committee meetings Total Amount\n. Independent Directors\n Aman Mehta 4. 315. 319.\n Thyagarajan 3. 100. 103\n Clayton. 75.\n Sommer. 220 225\n. 215. 222\n Pradeep Kumar Khosla. 150. 152.\n. 50.\n.\n. 35.\n 24. 1,210. 1,234\n.Non-Executive Directors\n Chandrasekaran 3. 60.\n 5. 70.\n 9. 30.\n 33. 60 1,210.\n Managerial Remuneration\n profits Section 198 Companies Act 2013) 40,434. 81"
}
{
    "_id": "d1b3b23be",
    "title": "",
    "text": "\n $1. 2 billion 2018 increased. 5% $757. 3 million 2017. Solid Capacitor Film Electrolytic increased $196. 1 million $19. 7 million MSA $227. 0 million. acquisition TOKIN 2017 MSA sales.\n Solid Capacitors $133. 8 million TOKIN acquisition distributor $81. 7 million. Ceramic $6. million EMS $10. 2 million OEM EMEA APAC. offset $28. 0 million decrease OEM. impacted $6. 1 million currency exchange Euro.\n Film Electrolytic APAC EMEA $13. 7 million $3. 3 million increase OEM EMEA $4. 2 million EMS Americas EMEA APAC. offset decrease $1. 2 million OEM Americas APAC JPKO. impact $7. 6 million currency exchange Euro.\n 2018 2017 net sales region\n\n Net Sales %\n APAC $479,987 40. $288,764.\n EMEA 277,898.\n Americas 259,105. 224,056 29.\n JPKO 183,191.\n 1,200,181 757,338"
}
{
    "_id": "d1b34c80c",
    "title": "",
    "text": "ENERGY INDUSTRIES. FINANCIAL STATEMENTS share\n table restructuring charges\n Severance $3,041 $4,239 $7,280\n Facility relocation closure\n restructuring $5,038 $4,239 $9,277"
}
{
    "_id": "d1b338c9e",
    "title": "",
    "text": ". Net Loss Per Share\n December 31, 2019 2018 computed Neonode Inc. shares. Diluted loss Neonode. equivalents.\n 0 350,000 stock warrants 11,000 shares stock options excluded diluted earnings share December 31, 2019 2018 anti-dilutive effect.\n December\n 2018\n average shares 8,844 5,884\n Net loss Neonode Inc. $(5,298) $(3,060)\n Net loss per share basic diluted $(0."
}
{
    "_id": "d1b39bad8",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES.\n FINANCIAL STATEMENTS\n 2019 assets LumaSense acquisition. table summarizes values adjustments.\n adjusted values valuation. adjustments additional liabilities deferred taxes excess purchase price goodwill intangibles.\n Preliminary December 31, 2018 December 31, 2019\n Accounts receivable $ 7,167\n Inventories 9,372\n Property equipment 1,353\n Goodwill 48,032\n Intangible assets\n Deferred income tax assets 8,116\n Other assets\n assets 105,166\n Accounts payable 5,734\n Deferred income tax liabilities\n Other liabilities\n liabilities 20,482\n net assets $ 84,684"
}
{
    "_id": "d1a71b628",
    "title": "",
    "text": "deferred tax assets liabilities from differences income expense. sources\n Company. realization future taxable income. income carryback opportunities tax planning strategies. differences. 2019 decreased valuation allowance by $12. 8 million reduction. foreign tax credits offset increase foreign net operating losses.\n 2019 domestic federal tax net operating losses $65. 9 million 2020. deferred tax assets $1. 4 million 2020. against federal tax NOLs $1. 2 million allowance against deferred tax asset state NOLs. foreign tax NOLs $30. 4 million $28. 1 million utilized remainder expiring 17 years. provided $0. 7 million valuation allowance against deferred tax foreign NOLs.\n U. S. foreign tax credit carryforwards 2019 $40. 7 million.2 million valuation allowance. foreign tax credits 2022. carryforwards $1. 9 million $1. 3 million remainder seven years. 2 million valuation allowance tax benefit. domestic state tax credit carryforwards $15. 7 million. million 2020 2022.\n Deferred income tax assets\n operating loss carryforwards $23,030\n Tax credits 52,902 43\n Compensation 18,791\n Deferred revenue 25,599\n Research development expense deferral\n deferred income tax assets 124,387\n deferred tax assets 116,734 110,713\n liabilities\n Depreciation amortization,978)\n revenue\n liabilities\n deferred taxes 19,558\n tax noncurrent 51,611\nDeferred noncurrent (32,053)\n 19,558 (4,667"
}
{
    "_id": "d1a7310a4",
    "title": "",
    "text": "Income Tax Provision\n 2019 $12. 6 million 39% pre-tax loss $6. 7 million 20% loss 2018.\n pre-tax income compensation reserves uncertain tax positions ASC 740-10.\n 2018 partial release valuation allowance pre-tax income tax benefits compensation release uncertain tax positions ASC 740-10.\n Year December % Change\n tax benefit $(12,586 $(6,653) 89%\n pre-tax loss"
}
{
    "_id": "d1b2f4cb0",
    "title": "",
    "text": "2019 2018\n decrease tax expense pre-tax earnings international tax audits. offset stock compensation limitations deductions executive officers IRC section 162.\n evaluated Global Intangible Low-Taxed Income Foreign Derived Intangible Income Base Erosion Anti-abuse Tax provisions. net addition tax $1. 7 million. BEAT $2. 1 million offset GILTI $. 4) million. 2018 net benefit $(0. 3) million. 2019 tax expense $. 7) million final. tax return 2018.\n 2017\n decrease tax rate tax expense decline pre-tax earnings federal tax rate 35% to 21% tax Cuts Jobs Act. expense Tax Act expense transition tax $21. 7 million. tax expense $26. 6 million remeasurement deferred tax assets reduction federal tax rate. higher tax expense.2018 Company transition tax reduced federal state provisional amount $6. 7 million. evaluated Global Intangible Low-Taxed Income Foreign Base Erosion Tax recorded detriment $0. 4 million benefit $. 7) million net benefit $. 3) million. December 31, 2018 tax expense $23. million write deferred tax assets. decrease tax rate expense decline pre-tax earnings decrease federal tax rate 35% to 21% tax Cuts Jobs Act. Tax Act expense transition tax $21. 7 million. tax expense $26. 6 million remeasurement deferred tax assets reduction federal tax rate. higher tax expense. 2018 transition tax reduced federal state provisional amount $6. 7 million. impact Global recorded detriment $0. 4 million benefit $.million GILTI FDII net benefit $. million. year December 31, 2018 Company tax expense $23. million write-off deferred tax assets.\n subject income taxes U. foreign jurisdictions. future foreign tax rate. under examination. foreign jurisdictions.\n Year Ended December 31,\n Provision (benefit) income tax $3,780. $25,878. $57,357\n tax rate 12. 8%. 9%."
}
{
    "_id": "d1b34c74e",
    "title": "",
    "text": "VMware Pivotal Employee Stock Purchase Plans\n 2007, VMware adopted Employee Stock Purchase Plan Section 423 Internal Revenue Code. June 25, 2019 amended ESPP 9. million shares Class A common stock. January 31, 2020 32. 3 million shares. VMware employees options purchase 85% fair market value. option period twelve months two six-month periods. exercised. fair market value lower expires new option. January 31, 2020 14. 3 million shares VMware Class A common stock.\n summarizes ESPP activity\n January 31, 2020 $95 million ESPP withholdings liability balance sheets purchase February 29, 2020.\n acquisition Pivotal granted options employees purchase Class A common stock 85% market value. ESPP activity.\nJanuary 2020 2019 2018\n $172\n A common stock 1,489 1,895\n $115. $84."
}
{
    "_id": "d1b3a74e6",
    "title": "",
    "text": ". Trade receivables contract assets\n Recognition measurement\n due settlement 30 days marketing fees one year trail commission. measured amortised cost.\n partners credit credit verification.\n credit losses\n iSelect records losses receivables assets. credit risk loss allowance loss.\n calculates provision credit loss experience. credit rating. Debts uncollectable written off. impairment allowance recognised uncollectable written against provision. recovered credited against profit loss.\n 30 June 2019 credit losses not material.\n Contract assets\n recognised revenue comparison purchase support referral services purchase. invoices issued. reclassified trade receivables. receivable balance unconditional right receive cash.\n losses\n management judgement credit losses. Financial difficulties probability default delinquency credit ratings.\n\n 2019 2018\n Trade receivables 6,165 4,952\n credit losses\n Contract assets 16,824 23,773\n 22,989 28,710\n 4,967 4,408\n 1 30 days 1,024\n 90\n 6,165"
}
{
    "_id": "d1b353dd2",
    "title": "",
    "text": "\n Adjusteda revenue £4,735m\n profit\n £135m\n market technology landscape. demands flexible-demand cloud networking solutions. Digital Global Services transformation programme infrastructure innovative solutions. 800 multinational companies institutions three industry verticals.\n revenue down 6% low margin divestments. £35m negative impact foreign exchange lower IP Exchange volumes equipment sales.\n operating costs down 8% labour costs restructuring. EBITDA £71m.\n Depreciation amortisation down 13% projects.\n Capital expenditure down 12% rationalisation light. free cash improved 151% £296m higher EBITDA lower capital working capital.\n order intake £3. 3bn down 15% customer behaviour shorter contract lengths usage-based terms.\n measures. flow interest pension deficit. transfer Northern Ireland Networks.\n2019 15 2018 18\n 31 March\n revenue 4,735 5,013\n operating costs 4,230 4,579\n EBITDA 505\n Depreciation amortisation 370 424\n operating profit 135\n Capital expenditure 245  278\n cash flow 296 118 178"
}
{
    "_id": "d1b33c330",
    "title": "",
    "text": "Financial information associates joint ventures\n no significant associate venture Company. tables summarize recognized.\n foreign currency exchange difference recognized income.\n differences 2017 2018 2019 NT$45 million NT$(16) million NT$(9) million not included table.\n share associates equity\n years December\n 2019\n Profit (loss) continuing operations $77,589 $(616,665) $115,329\n Post-tax profit discontinued operations 80,248\n Other income (loss 526,773 (82,871) 873,308\n Total income (loss $684,610 $(699,536) $988,637"
}
{
    "_id": "d1b2f9a8a",
    "title": "",
    "text": "Balance Sheet Cash Flows\n Equivalents Investments table summarizes equivalents investments\n decrease investments 2018 2019 driven repurchases common stock $20. 7 billion dividends $6. 0 billion divestitures $2. 2 billion debt $1. 1 billion capital expenditures $0. 9 billion. offset operating activities $15. 8 billion settlements $2. 0 billion.\n July 9, 2019 acquire Acacia Communications. $2. 6 billion. $0. 7 billion. transition tax earnings $6. 0 billion long-term debt $4. 2 billion commercial paper notes payable 12 months.\n investment portfolio. short-term. credit quality strong cash debt high quality investment-grade securities. strategic investments financing working capital repurchase stock dividends.\nJuly 27, 28, 2018\n. $11,750 $8,934\n debt 21,660 37,009\n equity securities\n $33,413 $46,548,135"
}
{
    "_id": "d1b348dce",
    "title": "",
    "text": "bonus paid 2019 2018 2017 approved by compensation Committee Supervisory Board objectives.\n stock awards social contributions company car allowance pension contributions allowances deferred compensation. Bozotti 2019.\n bonus. bonus stock awards 86,782 59,435 vested shares.\n. Chery granted 100,000 unvested Stock Awards. vesting conditional continued service.\n 2019 total compensation 46% fixed to 54% variable 12% 88% 2018 44% 56% 2017.\n Salary $896,297 $927,820  $903,186\n $1,280,173 $3,214,578 $1,044,514\n Charges Non-cash Benefits(2) $5,618,382 $6,971,946 $1,828,814\n $7,794,852 $11,114,344 $3,776,514"
}
{
    "_id": "d1b39ec7e",
    "title": "",
    "text": "FINANCIAL RESULTS\n three-month period August 31, 2019 average foreign exchange rate. 3222 USD/CDN.\n Fiscal 2018 IFRS 15 accounting policy Cogeco discontinued\n. policies operations sections.\n Fiscal 2019 translated average foreign exchange rate. 3100 USD/CDN.\n months August Foreign exchange impact\n Revenue 583,673 566,184 3.\n Operating expenses 302,833 297,977.\n Management fees Cogeco. 5,230.\n Adjusted EBITDA 275,610 263,411 4.\n margin. 2%. 5%"
}
{
    "_id": "d1a72083a",
    "title": "",
    "text": ". Share-based payments continued\n Incentive Plan\n 2015, Group established Share Incentive Plan. eligible employees awarded free shares-cost options valued £3,600 each based share price admission Stock Exchange March 2015, three-year service period. SIP shareholders entitled dividends Vesting Period. no performance conditions vesting SIP shares. fair value awards £2. 72 Black-Scholes model. share-based payments spread evenly over Vesting Period.\n Share Incentive Plan.\n Sharesave scheme.\n Performance Share Plan.\n Deferred Annual Bonus Single Incentive Plan.\n share-based payment charge.\n apprenticeship levy.\n."
}
{
    "_id": "d1b38c9f2",
    "title": "",
    "text": "table effective. March 31\n 2018 recorded provisional tax benefit $3. 3 million Tax Cuts Jobs Act.\n accounting 2019 adjustment December 2018 $0. 2 million deferred tax liability indefinite intangibles. global intangible low-taxed income) inclusions.\n tax provision includes income taxes foreign jurisdictions minimal benefit.\n 2019 tax provision foreign tax expense reversal reserves tax positions accounting Tax Act. differs operating losses deferred tax assets valuation state taxes.\n 2018 reduction deferred rate tax liabilities Act. rate differs Tax Act operating losses deferred foreign state tax effects benefit $0. 4 million California Franchise Tax Board. differences.\n 2017 tax provision state taxes taxes withheld foreign jurisdictions foreign tax expense.2017 tax provision operating losses deferred tax assets offset valuation allowance state taxes. differences.\n Income tax benefit Federal statutory rate $(2,718) $(3,654),019)\n state taxes\n foreign operations\n Indefinite life assets\n insurance\n valuation allowance 3,302 3,328 4\n liability unrecognized tax benefits\n Impact Tax Act,287)\n Meals entertainment\n intangible low-taxed income\n Total income tax expense $221,251)"
}
{
    "_id": "d1b3a9b60",
    "title": "",
    "text": "contract acquisition expense $0. 9M $259. 9M Sales Marketing costs $8. 4M $239. 9M.\n 31 March 2019 trade receivables $1. 2M $0. 9M impaired. impairment 31\n 2019 2018\n.\n.\n Amounts written off.\n movements exchange rates.\n 31."
}
{
    "_id": "d1b393bb2",
    "title": "",
    "text": "Network advertising revenue from television airtime. recognized when broadcast. net agency commissions calculated gross billings. contracts short-term.\n distribution revenue payments from cable satellite video systems retransmission content. earned varies to month.\n fees usage/sales based average subscribers recognized revenue when usage. prices based contract terms no judgments estimates.\n Broadcast station revenue sale television airtime fixed fee ad sales third party. licensee airtime collects revenue from advertising.\n revenue recognized when. fees fixed or variable short-term. usage/salesbased recognized when usage. Transaction prices contract terms no judgments estimates.\n Disaggregation Revenues Broadcasting segment revenue by type\n advertising $22.\n Broadcast station.\n Network distribution.\n.\n revenue from contracts customers.\n Other\nBroadcasting 41. 45."
}
{
    "_id": "d1b3757ac",
    "title": "",
    "text": ". ACCOUNTS RECEIVABLE REVENUES\n Amounts billed due accounts receivables\n payment short. Invoices issued at due\n 30 days or up to 120 days.\n location. require payment prior revenue. Amounts\n received liabilities prepayments applied invoice within 30 days prepayment. Revenues 2019 include $0. 1 million unearned revenue December 31, 2018 2018 less than $0. 1 million\n January 1, 2018.\n accounts receivable credit risk. Revenues from customers percent totals.\n 2019 11% 16% 3% 2%\n 2018 17% 14% 1% 4%\n accounts receivable December 31, 2019 10% 8% 31%\n 13% 14%"
}
{
    "_id": "d1b34b8d0",
    "title": "",
    "text": "financial Hilli\n assets liabilities balance sheet 2019\n beneficiary Lessor VIE balances.\n assets 64,507 172,554\n Non-current assets 1,300,065 1,392,710\n liabilities (496,029) (278,728)\n Non-current liabilities (418,578) (842,786"
}
{
    "_id": "d1a73899e",
    "title": "",
    "text": "Contract Balances\n revenue recognition invoicing. record receivable unearned. multi-year agreements invoice annually. record receivable multi-year-premises licenses right invoice.\n June 30, 2019 2018 long-term accounts receivable allowance doubtful accounts $2. 2 billion $1. 8 billion included.\n allowance doubtful accounts reflects losses. troubled accounts experience evidence.\n Activity allowance doubtful accounts\n June 30\n Balance $ 397 $ 361 $ 409\n costs\n Write-offs\n end period $ 434 $ 397"
}
{
    "_id": "d1b32e6c2",
    "title": "",
    "text": "Contract costs Accounting Policies Note Topic 606 requires incremental costs contract amortized benefit. Partnership recognizes contract incremental commission costs Verizon Wireless personnel agents contracts.\n costs deferred incremental expected recovered. Costs contract amortized recorded commission expense transfer goods. amortized device upgrade cycle two to three years.\n amortization periods determined portfolio level similarities. Other expensed incurred. Deferred contract costs classified current non-current prepaid expenses assets. balances deferred contract costs December 31, 2019 2018\n December 2019 2018 Partnership recognized expense $3,126 $2,161 amortization deferred contract costs selling general administrative expenses statements income.\n Deferred costs assessed impairment. impairment charge recognized. no impairment charges recognized ended December 31, 2019 2018.\nAssets\n Prepaid expenses 3,027 2,347\n $ 4,178"
}
{
    "_id": "d1b35acf4",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars\n details term loan\n principal balance repaid quarterly amortization. 25% December 31, 2024 balance due maturity. five years repayments $4,000.\n 2019 2018 debt discount $613 $593 debt issuance costs $1,062\n $1,091 amortized interest expense.\n effective interest rates 5. 95%. 99%\n.\n loan face $393,000 $397,000\n debt discount (3\n issuance (5\n $384,497 $386,822"
}
{
    "_id": "d1b2f3a5e",
    "title": "",
    "text": ". Taxes\n 27. 0% 2019 2018.\n increased $138 million higher taxable income lower uncertain tax positions offset corporate income tax rate Alberta Q2 2019.\n DECEMBER 31\n Net earnings 3,253 2,973\n taxes 1,133\n before 4,386\n tax rate 27. 0%.\n (1,184) (1,071)\n Non-taxable gains investments\n Uncertain tax positions\n corporate tax rate\n Non-taxable equity losses\n unrecognized tax benefits\n Total taxes (1,133)\n Average tax rate."
}
{
    "_id": "d1b2e2632",
    "title": "",
    "text": "Inventories\n valued lower cost value first-in first-out. impairment charges new cost basis reversed income.\n Raw materials $74. $26.\n Work process 413. 311.\n Finished goods 224. 138.\n inventories $711. $476."
}
{
    "_id": "d1b32309c",
    "title": "",
    "text": "Liquidity Capital Resources\n December 31, 2019 assets $27. 1 million liabilities $6. 1 million working capital $21. 0 million ratio 4. to 1. $11. 5 million ratio 3. 7 to 1 December 31, 2018. increase capital raised 2019.\n consolidated cash flows 2019 2018.\n operating activities used $1. 7 million 2019 $0. 8 million. cash 2018 net income non-cash expenses offset increased working capital revenues. 2019 increased working capital expenditures costs acquisition.\n $5. 7 million investing $10. 6 million 2019. acquisition CareSpeak communications. RMDY Health. software purchase.\n Financing activities $8. 7 million $22. 2 million 2019. cash 2018 equity raised uplisting Nasdaq option exercises. 2019 underwritten offering option exercises.\n operate business 12 months raise additional equity.\n\n,660,796),555\n investing (10,582,086) (5,686,833)\n financing 22,181,528 8,685,739\n $9,938,646 $3,791,461"
}
{
    "_id": "d1b324adc",
    "title": "",
    "text": "Net Financial Position December 31, 2019 $672 million $686 million 2018.\n debt $2,072 million $173 million long-term $1,899 million long-term. $1,354 million senior unsecured bonds 2017 $706 million European Investment Bank loans $12 million long-term.\n EIB Loans three credit facilities R&D. first 2010, €350 million loan. U. dollars $321 million partially Euros €100 million $55 million outstanding.\n second 2013, €350 million. U. dollars $471 million $118 million outstanding. third 2017 €500 million R&D. Euros $533 million outstanding December 31, 2019.\n Cash equivalents $2,597 $1,759\n Restricted cash\n Short-term deposits\n Marketable securities\nresources 2,744 2,596,190\n Short-term debt overdrafts (173)\n Long-term\n debt (2,072)\n $672 $686"
}
{
    "_id": "d1b37c246",
    "title": "",
    "text": ".\n accounts payable accrued expenses\n December 31, 2019\n Deferred rent $11,656\n Contingent 2,595\n Holdback 1,650\n liabilities\n $7,489 $13,306"
}
{
    "_id": "d1b36eb0a",
    "title": "",
    "text": "Balance sheet\n Restated IFRS 16. note 1 24\n Goodwill intangible assets increased €31. billion €29. billion acquisitions. billion currency. US Dollar.\n cash equivalents increased. billion. cash short term debt.\n non-current liabilities increased. billion commercial paper issue bank borrowings.\n pension plan deficit lower. billion\n gains liabilities.\n Goodwill intangible assets 31,029 29,493\n non-current assets 17,347\n 64,806\n 20,978\n Non 29,942\n 50,920\n Shareholders’ equity 13,192\n Non-controlling interest\n"
}
{
    "_id": "d1b3021b2",
    "title": "",
    "text": ". RESULTS\n Fiscal 2019 average foreign exchange rate. 3255 USD/CDN.\n 2018 restated IFRS 15 change accounting policy Cogeco discontinued\n operations. consult policies operations sections.\n Fiscal 2019 translated average foreign exchange rate. 2773 USD/CDN.\n Years ended August 31, currency Foreign exchange impact\n Revenue 2,331,820 2,147,404.\n Operating Expenses 1,203,980 1,121,625.\n Management fees Cogeco.\n EBITDA 1,107,940 1,006,818.\n margin."
}
{
    "_id": "d1b37e578",
    "title": "",
    "text": ". Percentage change remuneration Group Chief Executive\n table 2019 increase salary benefits bonus Chief Executive average UK employee population.\n 2018 percentage bonuses.\n 2019 2018\n Salary Chief Executive 7. 7% 2. 7%\n.\n Benefits 5. 2% 3.\n 2.\n 15. 5%.\n 22. 2%. 6%"
}
{
    "_id": "d1b31bcc0",
    "title": "",
    "text": ".\n revenue region financial performance\n Americas $89,944 $112,506 $122,893\n Japan 59,454 55,488\n Asia Pacific 35,689 36,897 33,189\n EMEA 27,541 27,859\n $212,628 $232,223 $235,429"
}
{
    "_id": "d1b358e2c",
    "title": "",
    "text": "\n employees granted time performance market-based stock units. time-based graded three years. performance-based three years 150%,. earnings per share. three years 200%,. market tied shareholder return performance Standard and Poor’s (S&P) Super Composite Technology Hardware Equipment Index.\n October 6 2017 Compensation Committee approved vesting criteria performance-based stock units 2015. 0. 8 million awards vested quarter 2018 $24. 9 million stock-based compensation expense.\n table summarizes restricted stock units activity August 31, 2018 August 31, 2019\n maximum. 2019 awarded 1. 6 million time 0. 4 million performance. 4 million market performance criteria.\n Average Grant-Date Value\n August 31, 2018 8,352,307 $24.\n\n Shares 3,144,205.\n,983,411).\n forfeited (2,347,628).\n 7,165,473 $26."
}
{
    "_id": "d1b301ca8",
    "title": "",
    "text": ". Disclosure Contractual Obligations\n obligations cash outlays December 31, 2019.\n domestic bonds paid maturity.\n lease payments machineries equipment office land Hsinchu Science Park Tainan Science Park Pasir Ris Wafer.\n purchase raw materials construction contracts intellectual properties royalties technology license agreements. not recorded balance 2019.\n guarantee deposits financial liability repurchase investment. fixed contract amounts.\n Payments Due Period\n 1 1-3 Years 4-5 5 Years\n Long-term\n Unsecured bonds 39,940 20,660\n Loans 51,058 18,316\n Lease 7,128\n Purchase 38,878 29,832\n long-term obligations(4) 21,411\n158,415 69,650 47 33,225"
}
{
    "_id": "d1b34a7be",
    "title": "",
    "text": ". Investment Unconsolidated Entities\n equity. Red River Valley Egg Farm cage-free egg Bogota Texas. Specialty Eggs owns's Best Georgia South Carolina western North Carolina eastern Alabama. Southwest Specialty Eggs Arizona southern California Clark County Nevada. 2019 owns 50% Red River Specialty Eggs Southwest Specialty Eggs. Equity investments $60. 7 million $64. 2 million June 1 2019 2, 2018.\n income $4. 8 million $3. 5 million $1. 4 million Consolidated Statements Operations 2019 2018 2017.\n financial information joint ventures\n member Eggland’s Best. investment allocations. cost. value 2019 2018 $2. 6 million $2. 6 million.\n\n sales $112,396 $107,705,072\n income 9,490 7,071\n assets 128,470,056\n liabilities,600,859\n equity 120,870 125"
}
{
    "_id": "d1b2e6b6a",
    "title": "",
    "text": "Intangible assets\n RIGHTS LICENCES\n licences NEXTDC indefinite useful life cost less impairment losses review annually.\n licences cost less accumulated amortisation losses. recognised estimated life. reviewed.\n INTERNALLY GENERATED\n capitalised cost less amortisation. two to three years. impairment reviewed financial year.\n SOFTWARE UNDER DEVELOPMENT\n Costs developing products acquiring software licenses capitalised. employee costs.\n Assets construction recognised technical feasibility use.\n 2019 2018\n Rights licences\n Internally generated software 7,381 6,385\n Software under development 16,284 6,509\n Total intangible assets 23,678 12,907"
}
{
    "_id": "d1b3300b2",
    "title": "",
    "text": "Share payments $62,028,117 $57,710,434.\n variables value performance rights.\n Grant offer acceptance.\n expected volatility historical.\n Grant date 30 Nov 2018 31 Oct 2017\n start 1 Jul 2018\n Exercise 1 Jul 2021 1 Jul 2020\n 15. 16.\n dividend yield 4.\n Risk-free interest rate.\n average value grant date $24. $20"
}
{
    "_id": "d1b3afdf8",
    "title": "",
    "text": "table 60-month backlog estimate December September June 30 March December 31, 2018 millions. backlog estimate includes $1. 5 billion acquisition Speedpay May 9, 2019. amounts reflect foreign currency exchange rates. non-GAAP measure comparability periods. information financial performance.\n Estimates future results require judgment based assumptions. customers renegotiate terminate contracts mergers financial economic conditions. delays development renewal rates amounts differ. foreign currency exchange rates impact revenue. no backlog estimates revenues 60-month period. Committed Backlog Renewal Backlog estimates operating metrics not internal review controls.\n December September 30 June 30 March 31, December 2018\n Premise $1,977 $1,925 $1,880 $1,861 $1,875\nDemand 3,855,756 3,813 2,290\n $5,832,151\n December September June March December\n $2,168,003,105,734 $1,832\n 3,664 3,678 3,588 2,417\n $5,832 $5,681,151"
}
{
    "_id": "d1b35277a",
    "title": "",
    "text": "Proofpoint. Financial Statements share amounts\n unvested shares employee ObserveIT exchanged $532 deferred cash consideration. restricted cash balance sheet. $485 post-combination expense not included purchase price. subject forfeiture employment terminates expensed compensation three-year vesting period.\n Discounted Cash Flow Method acquired technology research customer relationships order backlog. Relief from Royalty Method trade name. assumptions revenue results discount rates.\n table fair values assets liabilities intangible assets goodwill\n in-process research development indefinite-lived asset until project completed.\n Meta Networks.\n May 15, 2019 acquired shares. zero trust network access.\n security employee contractor access-premises cloud consumer applications.\nfactors contributed to purchase price acquired assets goodwill recorded. results operations values included financial statements since Acquisition. contributed purchase price assets goodwill. results included financial statements.\n consideration transferred $104,664 cash acquired $104. $12,500 held in escrow indemnification obligations not released. revenue Meta Networks not material 2019 integration impractical determine earnings.\n Current assets $10,603\n Fixed assets 2,132\n Operating lease right-use 2,669\n Other assets 652\n Customer relationships 15,800\n Order backlog\n technology 35\n-process research development 20,600\n Operating lease liabilities (3,317)\n Deferred revenue (6,700\n Other liabilities (5,414)\n,374\n $218,499"
}
{
    "_id": "d1b34d946",
    "title": "",
    "text": "Obligations\n June 30, 2019 effect liquidity cash flow\n Debt obligations Credit Agreement.\n Inventory purchase obligations long lead-time inventory. honor commitments 12 months.\n.\n Deferred payments Data Center $1. million per quarter.\n Capital Financing Business acquisition. payments\n Non-cancelable operating lease obligations base rents expense.\n Other liabilities debt fees arrangements.\n exclude income tax liabilities.\n commitments capital expenditures June 30, 2019.\n 1-3 3-5\n 5\n Debt obligations $180,500 $9 $142,500\n Interest debt obligations 25,582\n Inventory unconditional purchase obligations 51,241\n Contractual commitments 94,000\n104,678 22,733 41,854 23,804 16,287\n Deferred payments 15,000\n 6,298 4,236 2,013\n liabilities\n obligations $477,678 $123,667 $142,568,156"
}
{
    "_id": "d1b376116",
    "title": "",
    "text": ". Quarterly Financial Data\n 2019 2018\n Quarter\n March June September December\n Revenue $50,290 $49,189 $52,833 $60,316\n Gross profit $38,040 $37,918 $40,913 $46,876\n Net income $(12,272) $(5,771) $173\n loss share-basic.\n share-diluted.\n March June September December\n Revenue $49,183 $60,713 $60,502 $61,825\n Gross profit $37,299  $47,526 $47,488 $48,014\n Net loss $(19,670) $(4,532)(1,807)\n loss share-basic.\n."
}
{
    "_id": "d1b313dcc",
    "title": "",
    "text": "\n revenues billing addresses.\n Americas U. Canada Latin America EMEA Europe Middle East Africa APJ Asia Pacific Japan\n Revenues. $2. billion. billion 2019 2017. country 10% revenues.\n Americas $3,028 $3,031 $2,329\n EMEA 1,002 1,048\n APJ\n revenues $4,731 $4,834 $4,019"
}
{
    "_id": "d1b35d094",
    "title": "",
    "text": "14. Principal Accountant Fees Services\n fees services KPMG LLP Fiscal 2019 2018\n Audit fees annual audits financial statements report review quarterly financial information 10-Q mergers annual statutory audits.\n Audit-related fees services review non-periodic filings SEC.\n Tax fees tax compliance tax returns planning advice.\n other fees.\n OpenText's Audit Committee policy audit tax non-audit services. services Audit Committee. pre-approval Chair Audit Committee. services KPMG LLP Fiscal 2019 2018 preapproved Audit Committee.\n compatible KPMG LLP's independence auditing functions.\n Year ended June 30\n 2019 2018\n Audit fees $4,598 $4,701\n Audit-related fees (2)\n Tax fees (3) 108 116\n other fees (4) 40\n$4,918"
}
{
    "_id": "d1b34cb5e",
    "title": "",
    "text": "November 2017 GMSL acquired trenching cable Fugro. 6% holder Global Marine Holdings. incurred revenue expenses Fugro.\n 2019 2018 recognized $11. 3 million $9. 3 million expenses Fugro. 2019 recognized $0. 8 million revenues. incurred management fees $0. 6 million.\n transactions equity investees.\n Net revenue $ 6. $ 21.\n Operating expenses $. 4\n Interest.\n Accounts receivable $.\n Long-term obligations $ 22. $ 28.\n Accounts payable.\n Dividends $ 4. $"
}
{
    "_id": "d1b3a9354",
    "title": "",
    "text": "STATEMENTS\n notes.\n Fiscal Years\n Sales $370. 2 million $368. 4 million $1,392,388,157 $1,322,306,658\n Cost 1,308,364,726 1,245,375,460\n Gross profit 84,023,431 76,931,198\n expenses 72,182,883 66,781,234\n Depreciation amortization 2,617,591 2,318\n Impairment charges 2,873,269 1,912\n,673,743\n Operating income 6,349,688 5,918,941\n Interest expense 1,598,864 1,194,373\n 4,811,943\n income $ 3,202,943 3,614,610\n earnings.\n.\n shares\n Dividends share."
}
{
    "_id": "d1b330422",
    "title": "",
    "text": "acquisition Norstel technology $86 million.\n ready.\n amortization expense 2019 2018 2017 $69 million $64 million $58 million.\n December 31, 2019 Gross Cost Amortization\n Technologies licenses 699 121\n software\n 119\n intangible assets\n 1,374 (1,075) 299\n December 31, 2018 Gross Cost Amortization Net\n 705 (592)\n software 459\n 44\n intangible assets 69\n 1,277 (1,065)"
}
{
    "_id": "d1b3950ac",
    "title": "",
    "text": "Long-Term Debt\n payable June December 1 1.% annually. April 15 October 15. 625% annually. real estate mortgages term loans revolving lines credit notes international weekly quarterly rates. 4. maturity dates 2019 2022.\n Debt discount $20. 4 million $41. 6 million. $71. 8 $88. 5 million. $10. 5 $9. 3 million Term December. Debt issuance costs $2. 8 million $5. 8 million. $6. 9 $8. 5 million. $24. 3 $19. 2 million Loan.\n Revolving Credit Facility 2024 interest payable. 30%. 77%.\n Term Loan 2026. 80%. 27%,.\n. 2020.\n. 2023\n long-term debt.\nlong-term debt 3,749. 2,939.\n Debt discount.\n Debt issuance costs.\n-term debt 3,612. 2,766.\n (736.\n $2,876. $2,627."
}
{
    "_id": "d1b3bb91e",
    "title": "",
    "text": "Company sponsors Woolworths Group Superannuation Plan employees retirement. closed new members. assets sub AMP SignatureSuper separated Group. invests pooled trust products daily.\n consists members defined benefit entitlements contribution benefits. pays allocated pensions pensioners. disclosures obligation entitlements.\n contributes Trust Deed Rules Participation Deed. Members membership category. provides sum benefits defined by salary period membership.\n actuarial valuation Wilkinson FIAA Willis Towers Watson. assumptions\n Discount rate.\n salary increase.\n price inflation."
}
{
    "_id": "d1b38d4ec",
    "title": "",
    "text": "Warranty Obligations\n offer warranties liability future costs revenue. liability experience. warranty obligation affected failure rates usage delivery costs.\n monitor returns maintain reserve expenses. new products failure rates. experience assumptions.\n estimated cost warranties revenue. costs reflected Consolidated Statement Income Cost revenues. reconciliation changes warranty liability\n Fiscal Year Ended\n December 28,\n 2018 30 2017\n Balance $2,102 3,662 $2,972\n Accruals 3,881 3\n Settlements (4,041) (4,741)\n end year $1,942 $2,102 $3,662"
}
{
    "_id": "d1b2ee798",
    "title": "",
    "text": ". Cash equivalents\n interest floating rates. total balance $79. 3 million (2018 $63. 9 million) callable three months investment.\n Short-term deposits periods one day three months requirements earn interest rates.\n 2019 currency split US Dollar 78 Sterling 11 other currencies 11.\n cash flow statement equivalents comprise amounts.\n $\n 103.\n Short-term bank deposits.\n."
}
{
    "_id": "d1b30124e",
    "title": "",
    "text": "summary investments cash equivalent December 31, 2018\n 2019 investment corporate bonds US treasury securities-average maturity five months. Unrealized gains losses not significant impairments.\n Amortized Cost Unrealized Gains Losses Fair Value\n Current assets\n Cash $54,275\n Cash equivalents\n Money market funds 129,321\n 183,596\n Short-term investments\n Corporate bonds 58,115\n US treasury securities 138,826\n Commercial paper 7,973\n short-term investments 204,914\n Long-term investments\n Strategic investments 1,250\n-term investments $1,250"
}
{
    "_id": "d1b36daca",
    "title": "",
    "text": ".\n Company leases\n three-year lease 2017 83,000 square feet Aurora Illinois headquarters.\n two-year lease 2018 2,300 square feet Manchester New Hampshire office.\n evaluating replacement lease ISM center Ohio.\n sixteen acre Dublin Ohio. sold four acres 2015 twelve acres.\n Aurora headquarters office distribution manufacturing 83,000\n Dublin Design 9,465\n 2,287"
}
{
    "_id": "d1b3ba1fe",
    "title": "",
    "text": "Overview Results Fiscal Years 2019 2018 2017\n operating results affected wholesale shell egg market prices feed costs\n control. majority shell eggs sold wholesale\n prices\n. table shows net income gross profit shell egg selling price\n wholesale egg prices feed cost dozen\n three recent fiscal years.\n shell egg industry high profitability\n loss. increased demand\n excess supply.\n demand increases population growth. results\n fluctuate egg market feed costs. net average shell egg selling price\n all sizes. 2017 price dozens sold decreased\n oversupply repopulation flock\n reduced demand.\n 2018 strong demand selling price feed costs decreased\n. 2019 increasing. flock size oversupply\n. decreased gross profit net income.\n NET SALES year June 1 2019 $1,361.decrease $141. 7 million. 4%\n sales $1,502. million 2018. due lower prices non-specialty\n eggs oversupply\n demand.\n egg sales 97% net sales. 1,038. 9 million increase. 1% 1,037. 7 million 2018 sales $1. million.\n average price decreased $1. 397 per dozen to $1. 265 per dozen decrease. 132 per dozen. 4% abundance eggs. decrease net sales $137. 1 million. results affected shell egg market prices. production demand prices.\n 3% net sales. revenues $41. 5 million\n 2019 $43. 5 million 2018.\n Net income Cal-Maine Foods. $54,229 $125,932 $,278\n Gross profit 222,859 361,046\n average shell egg selling price. 27.\n Egg.. 49.\n Feed cost dozen. 415."
}
{
    "_id": "d1a7210fa",
    "title": "",
    "text": ".\n Goodwill\n fiscal years 2019 2018\n Goodwill acquired 2019 $17,015 $12,893 BOLTS Technologies. $3,999 Agiletics. remainder adjustment Ensenta valuation. goodwill growth potential synergies economies combining operations Technologies Agiletics workforces. No goodwill Corporate Other segment.\n Goodwill 2018 $97,597 $91,098 purchase Ensenta Corporation. remaining $6,499 Vanguard Software Group Complementary segment. goodwill growth potential synergies economies scale combining operations Ensenta Vanguard workforces. No goodwill Corporate Other segment.\n Goodwill reduction 2018 sale jhaDirect product line. Goodwill assets calculated values business reporting unit retained.\n 30\n balance $195,956\n Goodwill acquired\n adjustments\n$199,956\n Payments\n $325,204 $234,106\n acquired 91,098\n adjustments\n $325,326 $325,204\n $128,769 $122,403\n acquired\n adjustments\n $141,662 $128,769"
}
{
    "_id": "d1b352216",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION FINANCIAL STATEMENTS amounts millions\n 2019 Company operating financing leases.\n lease liabilities\n Balances translated period-end exchange rate comparability.\n Operating Lease Finance Lease\n $904. $8.\n 878.\n 845.\n 810.\n 766.\n 6,140. 45.\n lease payments 10,344. 68.\n (3,340.\n 7,004. 30\n 494. 6.\n Non-current lease liability $6,510. $24."
}
{
    "_id": "d1b32e136",
    "title": "",
    "text": ". Acquisitions Divestitures\n Acquisition Summary\n five acquisitions 2019.\n September 28, 2018 Duo Security. unified access security multi-factor authentication. Security.\n February 6, 2019 Luxtera. semiconductor company. Infrastructure Platforms.\n cash vested share awards. cash equivalents approximately $100 million.\n Fiscal 2019 Purchase Tangible Assets Acquired Assumed Purchased Intangible Assets Goodwill\n Duo $2,025 $ $342 $1,740\n Luxtera 296\n 65\n $2,686 $672 $2,088"
}
{
    "_id": "d1b347b86",
    "title": "",
    "text": ". Registrant’s Common Equity Stockholder Matters Issuer Purchases Equity Securities.\n common stock traded Stock Market SAFM.\n stockholders December 12, 2019 2,742. beneficial owners greater exact unknown.\n future dividends earnings financial condition capital requirements financial covenants Board Directors quarterly.\n fourth fiscal quarter Company repurchased common stock\n purchases Stock Incentive Plan tax withholding obligations.\n May 31, 2018 Board expanded extended share repurchase program million two million market conditions. authorization May 31, 2021. fourth quarter 2018 purchased 823,385 shares. repurchases vested stock not 2018 general repurchase plan.\n vested restricted shares Incentive Plan.\nPeriod Total Shares Purchased Average Price Paid Share Plans Programs Maximum Shares Purchased Plans\n Aug. 1 -. 31, 2019 1,176,615\n. 1. 30, $151.,176,615\n Oct. 1 -. 31, 34,344 $154.,176,615\n 35,245 $154. 1"
}
{
    "_id": "d1b32863c",
    "title": "",
    "text": "Company’s nonvested options December 31, 2019 changes\n 3,835,366 shares price $1. 34 intrinsic value\n $635,536.\n 3,846,299 shares $1. 36 intrinsic value\n $2,150,912.\n options granted 126,567 280,000. exercise price $1. $1. 25 $1. 75 per.\n compensation expense $797,761 $1,130,071\n research development expenses. $562,734 compensation\n employees $235,027 non-employees.\n January 2018 consulting agreement NeuroAssets Sàrl.\n Compensation approved 200,000 options 2016 Equity Compensation\n Plan. options vest 48 months installments first vesting March 20, 2018 ten years\n exercisable $1. 75 per share. vesting partnership introduction Consultant.\n NeuroAssets.February 20, 2018 Compensation Committee approved 200,000 options 2016 Equity Compensation Plan. vest 48 months vesting March 20, 2018 ten years $1. 75 per share. vesting.\n quarter 2018 granted stock options four consultants. 50,000 vest immediately 30,000\n monthly 48 $1. 75 ten years\n December 31, 2019 unamortized stock option expense $287,905 $144,423 employees $143,482 non-employees.\n average unamortized 3. 98 years\n February 25 2019 granted 101,567 options $1. ten year term. 59,900 41,667\n bi-weekly. $199,807.\n $29,850 loss $99,541\n. 59,900 41,667 bi-weekly.\n June 17, 2019 granted 25,000 options $1. 75 ten year term. immediately\n value $36,374\n\n Nonvested Options Weighted-Average Exercise\n 2017 1,492,861. 54\n 280,000. 75\n (972,651).\n 2018 800,210.\n 126,567.\n (584,895).\n,500.\n 2019 204,382."
}
{
    "_id": "d1a72f362",
    "title": "",
    "text": "Restructuring Reserves\n Consolidated Balance Sheets\n Fiscal Year\n millions\n Accrued liabilities $ 245 141\n $ $ 167"
}
{
    "_id": "d1b34d766",
    "title": "",
    "text": "credit quality concentration cash equivalents investments derivative assets tables. Moody’s Standard & Poor’s lower rating.\n cash collateral £638m derivative assets counterparties.\n concentration credit risk trading balances note 17,. transactions risk International Swaps Derivatives Association.\n credit support agreements swap counterparties value £3,289m cross-currency swaps. net cash inflow £129m. collateral paid received recognised investments loans borrowings.\n Moody’s S&P credit rating counterparty\n Aa2/AA above 2,522 2,575 1,444\n Aa3/AA– 1,376 313 208\n A1/A+a 1,145 651 952\n A2/Aa 649 628\n Baa1/BBB+a\n 4,613"
}
{
    "_id": "d1b32cf84",
    "title": "",
    "text": "Fixed Pay increases\n Committee approved increases 4% CEO 3% CFO 1 January 2020. average increase Unilever workforce 2019. 6%. leadership 2019 Alan first CEO transformation Unilever. Graeme seniority 5th year CFO.\n Alan Jope appointed 1 January 2019 Fixed Pay 14% below lower quartile remuneration benchmarking group. promotion. performance Committee Fixed Pay market median benchmark.\n maximum (67% investment.\n Alan Jope CEO. Graeme Pitkethly CFO.\n Fixed Pay 1,450\n Annual Bonus 2,175\n MCIP Match share award 2,186 2,273\n Target Total Pay 5,811 3,756\n 67%\n Unilever shares 1,457"
}
{
    "_id": "d1b3a6bfe",
    "title": "",
    "text": "ITEM 6. FINANCIAL DATA\n information not indicative future Item 7. Discussion Analysis Financial Condition Results Consolidated Financial Statements Notes.\n derived 2019 2018 balance sheet financial statements. 2016 2015.\n 2015, FASB guidance deferred tax liabilities assets noncurrent. superseded ASC valuation allowance. 2016, reclassification deferred non-current balance sheets 2017 2016 2015.\n Includes $16. million after-tax restructuring charges. 4 million amortization purchase accounting $1. 1 million benefit asset recovery $1. 7 million non-recurring income tax expense $2. 5 million excess tax benefits employee stock-based compensation.\n Includes $2. 9 million-tax restructuring charges. 8 million impairment charges. 7 million-tax acquisition costs.million-tax amortization $26. 7 million tax charges. Tax Cuts Jobs Act $3. 3 million tax valuation deferred tax $12. 8 million tax benefit tax benefits stock compensation.\n $19. million-tax amortization $17. 4 million costs acquisition Rofin $8. 4 million restructuring $1. 9 million $1. 8 million interest $7. 1 million gain $3. 4 million gain sale Rofin shares $1. 4 million R&D tax audits.\n $6. 4 million tax costs $1. 4 million loss. 8 million interest $1. 2 million R&D tax credit 2015.\n $1. 3 million SiOnyx $1. 3 million-tax charge audit $1. 1 million R&D tax credit $1. 3 million gain purchase Tinsley.\n\n Consolidated financial data 2015(5)\n Net sales $1,430,640 $1,902,573 $1,723,311 $857,385 $802\n Gross profit $486,465 $830,691 $750,269 $381,392 $335,399\n Net income $53,825 $247,360 $208,644 $87,502 $76,409\n income share\n.\n.\n Shares\n Total assets $2,083,169 $2,259,969 $2,337,800 $1,161,148 $968,947\n Long-term obligations $392,238 $420,711 $589,001\n long-term liabilities $165,881 $151,956 $166\nequity,284,736,314,464,264,828"
}
{
    "_id": "d1a72d184",
    "title": "",
    "text": "\n Interest expense decreased $54. 7 million non-recourse residential financing obligations Lease Portfolio-leaseback financing commercial.\n Interest expense increased $17. 7 million due new debt commercial sale-leaseback arrangements.\n income increased $119. 4 million $158. 3 million gain equity investment $6. 4 million. gain sale equity investments $17. 7 million $54. 2 million.\n income increased $143. 0 million. $54. 2 million gain equity investments $73. 0 million impairment charge 8point3 Energy Partners LP equity investment ASC 606-temporary impairment.\n Interest income $2,702 $3,057\n Interest expense (53,353) (108,011)\n Income\n 174,734 55,314 (87,645)\n $124,083\npercentage revenue 7%"
}
{
    "_id": "d1b38f878",
    "title": "",
    "text": "Item 6. Selected Financial Data.\n historical financial data read with Item 7 Discussion Analysis Financial Condition Results Operations consolidated financial statements notes Item 8 Statements Supplementary Data Annual Report Form 10-K comparability.\n consolidated financial data not replace financial statements qualified by financial statements.\n consolidated statements operations December 31, 2019 2018 2017 balance sheet data derived from audited financial statements. December 31, 2016 2015 balance sheet data derived from statements not. financial data December 31, 2019 reflects ASU No. 2016-02, Leases (Topic 842). ASU No. 2014-09, Revenue Contracts Customers. See Notes 15 18 adjustments. consolidated financial data years December 31, 2018 2017 2016 2015 reflect adoption ASU 2016-02. ASU 2014-09.\n December\n\n Revenue $200,882 $147,094 $104,352 $76,846 $58,720\n Cost 63,535 46,810 31,503 23,767\n Gross profit 137,347 100,284 72,849 53,079 38,931\n expenses\n Sales 87,731 69,608 46,998 34,847\n Research 50,024 41,305 22,241 14,765\n 46,820 31,462 22,895 14,293\n operating expenses 184,575 142,375 92,134 63,905 49\n loss,228 (42,091) (19,285\n Other expenses (4,597)\n Loss taxes (51,825) (46,719) (19,587\n loss(52,250 $(47,515),634\n loss share..\n 33,161,656 29,107,267 27,862,375,659,561,257,413"
}
{
    "_id": "d1b390570",
    "title": "",
    "text": "2019 revenues decreased. 1% volumes 8% compensated selling prices 7%. driven favorable product mix 10% offset negative pricing effect 3%.\n 2018 revenues increased. 8% selling prices 16% volumes flat. driven favorable product mix 18% offset negative pricing 2%. revenues double-digit growth product groups geographies.\n 2019 2017 largest customer Apple accounted 17. 6% 13. 1% 10. 5% net revenues three product groups.\n Ended\n Net sales $9,529 $9,612 $8,308.\n.\n revenues $9,556 $9,664 $8,347."
}
{
    "_id": "d1b3895d6",
    "title": "",
    "text": "Unaudited Pro Forma Financial Information\n combined results ACI Speedpay acquisition January 1, 2018. illustrative not indicative future. not actual results reflect potential synergies integration costs savings.\n pro forma adjustments net income December 31, 2019 2018 amortization expense Speedpay assets amortization expense acquired intangible assets interest expense Delayed Draw Term Loan Revolving Credit Facility borrowings. transaction expenses acquisition excluded year December 31, 2019.\n unaudited summarized pro forma financial information\n Walletron\n May 9, 2019 patented mobile wallet technology. financial results financial statements.\n RevChip TranSend\n October 1, 2019 acquired technology assets RevChip TranSend Integrated Technologies. combined $7. 0 million. technology asset acquisition. financial results financial statements.\n\n Years Ended December 31,\n revenue $1,382,957 $1,361,729\n net income $82,003 $88,428\n per share\n.\n."
}
{
    "_id": "d1b338d98",
    "title": "",
    "text": ". Share Compensation\n December\n revenues $8,741 $4,982 $3,735\n Research development 23,132 14,975,550\n Sales marketing 38,325 16,015\n 31,156 20 12,760\n expense $101,354 68,088 42,060"
}
{
    "_id": "d1b38224a",
    "title": "",
    "text": "2019 expenses increased. 9% salary dynamic R&D higher share-based compensation cost offset currency hedging.\n 2018 expenses increased. 5% unfavorable currency hedging salary dynamic increased R&D higher share-based compensation plans.\n R&D expenses net research tax credits France Italy $126 million 2019 $138 million 2018 $124 million 2017.\n Ended December\n Selling general administrative expenses $(1,093).\n Research development expenses (1,498).\n Total operating expenses $(2,591) $(2,493),277) (3.\n net revenues (27."
}
{
    "_id": "d1b34fb10",
    "title": "",
    "text": "GasLog. Subsidiaries\n consolidated financial statements\n years December 2017 2018 2019\n amounts. Dollars\n. Leases\n February 24, 2016, GAS-twenty six. sale leaseback Methane Julia Louise Mitsui.-sell lease vessel. sold $217,000. leased bareboat charter 20 years. repurchase 17. hire fixed holiday 210 days expired September 21, 2016. leaseback finance lease IAS 17 Leases.\n movements right-of use assets\n balance December 31, 2018 finance lease renamed-of-use January 1, 2019.\n Assets Vessel Equipment Properties\n January 1 2019 2,630 4,969 214,371\n Additions 1 2,464\n Depreciation expense (7,722),109\n1,857 4,550 206,495"
}
{
    "_id": "d1b35f90c",
    "title": "",
    "text": "net sales\n. increased $210. 4 million. 3%. $181. million $13. 5 million increased end-market demand. offset $16. 4 million decrease end-life $6. million reduction disengagements.\n APAC. increased $59. 2 million 4. 0%. $87. 3 million $58. 1 million. offset $28. 4 million reduction disengagement $7. 3 million decrease end-of-life decreased end-market demand.\n EMEA. increased $28. 4 million 10. 1%. $20. 2 million $4. 2 million increased end-market demand. offset $6. 2 million reduction disengagement.\n AMER $1,429. $1,218.\n APAC 1,557. 1,498.\n EMEA 309.\n inter-segment sales.\n sales 3,164. 2,873."
}
{
    "_id": "d1b39cb0e",
    "title": "",
    "text": "Intangible Assets\n changes assets\n adoption Topic 842 February 2 2019 leasehold interest $116 million derecognized adjusted classified other. intangible.\n January 31, 2020 February 1, 2019\n Balance $966 $1,059\n Additions intangible assets business\n Amortization expense\n Derecognized leasehold interest\n end year $1,172 $966"
}
{
    "_id": "d1b38897e",
    "title": "",
    "text": "Option Activity-average value options 2019 2018 2017 Black-Scholes-Merton $12. $10. 42 $6. 75. $2. 5 million $1. 5 million $1. 7 million.\n table summarizes option activity\n Weighted Average Price Value Contractual\n options December 31, 2016 1,160,419 $29. $14,299\n 534,030 $42.\n $29. $7,203\n.\n December 31, 2017 1,169,408 $35. $16,731\n $54.\n $30. $12\n.\n December 31, 2018 1,093,400 $45. $8,776\n $63.\n $37.\n $51.\n December 31, 2019 1,136,095 $54. $28,291\n2019 290,540. $10,163 3"
}
{
    "_id": "d1b38dc80",
    "title": "",
    "text": "Total Shareholder Return (TSR)\n PSUs granted TSR contingently awarded payable in common stock PSUs earned three-year Company’s TSR ranking. fair value estimated Monte Carlo Simulation. assumptions expected volatility historical share price returns dividends reinvested. volatility based historical volatility valuation. risk-free interest rate based Zero-Coupon Treasury STRIP yield curve. Compensation expense for PSUs fixed grant date recognized 100% over three-year period.\n number PSUs granted TSR assumptions shown\n 2019 weighted average fair value first third quarter.\n.\n May 18, 2017 O&C Committee approved change vesting policy PSU Awards Ilham Kadri. modified award modification accounting treatment. weighted average fair value grant date reflects modification.\n 2019 2018\nunits granted 70,543 56,829 100,958\n $ 57. 43. 44.\n 22. 86%. 31 %\n interest. 36%."
}
{
    "_id": "d1b349b3e",
    "title": "",
    "text": "Revenue Profit Margin\n increased $4. 9 million 3% 2019. $12. million personnel expenses $3. 9 million content costs. 6 million $1. 6 million capitalized software amortization. offset $16. 4 million decreased costs. higher subscription revenue.\n increased $1. 5 million 1% 2018. $6. million capitalized software amortization $4. 5 million content costs. offset $6. 6 million decreased amortization intangible assets $2. 9 million external service costs. higher subscription revenue.\n revenue $149,215 $144,349\n Gross profit $427,308 $393,542,118\n Gross margin 74. 1%."
}
{
    "_id": "d1b32136e",
    "title": "",
    "text": "\n commercial cloud revenue Office 365 Azure LinkedIn Dynamics $38. billion $26. 6 billion $16. 2 billion 2019 2017. Office Server LinkedIn.\n June\n Server $ 32,622 26,129 21,649\n Office 31,769 28,316 25,573\n Windows 20,395 19,518 18\n Gaming 11,386,353\n Search advertising 7,628 7,012\n LinkedIn 6,754\n Enterprise Services,124\n Devices\n Other 3,070\n 125,843 110,360 96"
}
{
    "_id": "d1b2f2a1e",
    "title": "",
    "text": "\n operate three Transportation Industrial Communications Solutions. serve market $190 billion.\n net sales\n segments products markets competitors.\n Transportation Solutions leader connectivity sensor technologies. products terminals connector systems sensors antennas relays application tooling wire heat shrink tubing.\n Automotive (73% automobile connectivity solutions. driver information infotainment miniaturization safety security. in-vehicle battery charging solutions.\n Commercial transportation (15% connectivity products transportation heavy trucks construction.\n Sensors (12% intelligent efficient high sensor solutions automotive industrial medical aerospace consumer.\n competitors Yazaki Aptiv Sumitomo Sensata Honeywell Molex Amphenol.\n Industrial power data signals. terminals connector heat shrink tubing relays wire cable.Industrial Solutions products\n equipment (49% sales factory automation control robotics interface communication power distribution. building products lighting HVAC elevators security. products high-speed trains metros light vehicles locomotives signaling. solar industry. medical industry imaging diagnostic surgical invasive.\n Aerospace defense oil gas (33% design manufacture electronic components systems aerospace defense marine.\n Energy (18% electrical power generation transmission distribution.\n competes Amphenol Belden Hubbell Carlisle Companies 3M Integer Holdings Esterline Molex Phoenix Contact.\n supplier electronic components data devices appliances. terminals connector systems relays heat shrink tubing antennas.\n Data devices (59% networking data center wireless infrastructure.deliver connectivity solutions Internet Things smartphones tablet computers notebooks virtual reality innovations.\n Appliances (41% sales home. products washers dryers refrigerators conditioners dishwashers cooking water heaters air purifiers microwaves. custom-designed solutions.\n competitors Amphenol Molex JST Korea Electric Terminal.\n Transportation Solutions 58\n Industrial Solutions\n Communications Solutions\n"
}
{
    "_id": "d1b2e4efa",
    "title": "",
    "text": "value foreign exchange contracts Condensed Balance Sheets. netting arrangements payments. effect netting derivative assets liabilities not material March 29, 2019 30, 2018.\n outstanding contracts. dollar\n March 29, 2019 30 2018\n investment hedges\n contracts sold $116\n purchased $963 $697\n sold $122 $151"
}
{
    "_id": "d1b370068",
    "title": "",
    "text": "Openreach UK-wide overlapped competitors. providers fibre. volume discount deal record quarter fibre sales. expanding fibre-premises network. strong demand Ethernet circuits second quarter.\n revenue decline 4% price reductions Ethernet non-regulated reductions decline physical line base reclassification costs revenue. offset 25% growth fibre rental base increase Ethernet rental base IFRS 15.\n operating costs flat higher recruiting training inflation offset efficiency savings reclassification costs revenue. EBITDA down 7%.\n Capital expenditure £2. 1bn up 22% FTTP Gfast BDUK grant funding deferrals efficiency savings.\n free cash down 38% EBITDA decline capital expenditure customer receipts.\n. deficit. transfer Northern Ireland Networks.\n\n revenue £5,075m profit £955m\n 2019 15 2018 18\n 31 March\n revenue 5,075,278\n operating costs 2,652\n EBITDA 2,423 2,615\n Depreciation amortisation 1,468\n operating profit 955 1,214\n Capital expenditure 2,081 1,699\n cash 685,100"
}
{
    "_id": "d1b3c77f0",
    "title": "",
    "text": "December 31, 2019 lease liabilities\n no operating finance leases commenced.\n millions\n 2020 $460 47\n 2021\n 2022\n 2023\n 2024\n lease payments 2,274 310\n interest\n $1,758 220\n current (416)\n Long-term $1,342"
}
{
    "_id": "d1b30f236",
    "title": "",
    "text": ". increased RMB105. 8 billion fourth quarter 2019.\n VAS increased 3% RMB52,308 million. Online games 6% RMB30,286 million. Peacekeeper Supercell PC games. Social networks revenues RMB22,022 million stable.\n FinTech Business Services increased 12% RMB29,920 million. commercial payment social payment cloud services.\n Online Advertising increased 10% RMB20,225 million. Social advertising 11% RMB16,274 million. mobile advertising Weixin Moments. Media advertising increased 8% RMB3,951 million. Tencent Video Tencent News TME.\n. increased RMB59,659 million. channel costs FinTech services content costs. 56% stable.\n VAS increased 7% RMB26,120 million. content costs eSport events higher channel costs games Supercell.\nrevenues FinTech Business Services increased 11% RMB21,520 million fourth quarter 2019. reflected costs payment cloud services.\n Online Advertising decreased 2% RMB9,241 million. lower content costs offset traffic acquisition costs.\n Selling marketing expenses. increased 17% RMB6,712 million. marketing spending smart phone games digital content expenses Supercell.\n administrative expenses. increased 18% RMB16,002 million. due R&D expenses staff costs Supercell.\n. losses RMB1,328 million profit RMB234 million third. non-cash value changes.\n Profit equity. increased 6% RMB21,582 million. Non-IFRS profit increased 4% RMB25,484 million.\n 31 December 30 September\n Revenues 105,767 97,236\n Cost revenues\nprofit 46,108 42,479\n Interest 1,580 1,674\n gains 3,630\n Selling marketing\n expenses,002,536\n profit 28,604 25,827\n Finance costs,767\n tax 24,509 24,314\n 22,372 20,976\n Equity 21,582 20,382\n Non-controlling interests\n Non-IFRS profit 25,484 24,412"
}
{
    "_id": "d1b32e3fc",
    "title": "",
    "text": "Stock-Based Compensation\n Incentive Program\n January 2006, Board Directors adopted ADTRAN. 2006 Employee Stock Incentive Plan authorized 13. million shares common stock employees officers rights RSUs restricted stock. adopted May 2006. Options exercisable one year employment four-year vesting ten-year contractual term. replaced 2015 ADTRAN. 2015 Employee Stock Incentive Plan. Expiration dates 2020 to 2024.\n January 2015, adopted 2015 Plan authorized 7. million shares common stock employees rights PSUs RSUs restricted stock. RSUs reduce. shares. Options one year employment four-year vesting ten-year term. Expiration dates 2025 to 2026.\n approved 2010 Directors Stock Plan May. million shares stock reserved issuance. replaced 2005 Directors Stock Option Plan.2010 Directors Plan options stock RSUs non-employee directors. awards vested first anniversary grant. Options ten-year. options expired 2019.\n compensation expense PSUs 2019 2018 2017\n sales $369 $418\n Selling administrative expense 3,889 3,989 4,063\n Research development 2,704,991\n operating expenses 6,593 6,737 7,054\n 6,962 7,155\n Tax benefit non-qualified options PSUs RSUs restricted stock (1,659)\n tax $5,303"
}
{
    "_id": "d1b3a079a",
    "title": "",
    "text": "deferred tax balance sheets\n tax carryforwards\n Foreign local loss $61. 6 million $47. million no $14. million 2020. $61. million valuation allowance $31. 7 million jurisdictions. federal state carryforwards $14. million $30. 7 million acquired. full valuation allowance losses $30. 7 million. California carryforwards $2. 8 million expire 2032.\n. federal R&D carryforwards $35. 4 million 2025. California $32. 2 million no expiration. $27. million valuation allowance. recorded carryforwards $3. 9 million expire 2020. valuation allowance $2. 7 million. million\n. foreign tax carryforwards $51. million expire 2022.\n Non-current deferred income tax assets $87\n(27,785,339\n $59,226 $38,519"
}
{
    "_id": "d1b30e5d4",
    "title": "",
    "text": "Dividend Policy\n quarterly dividends by Board of Directors. higher than or lower after reserves contingent liabilities borrowing agreements cash needs Bermuda law.\n dividends 2019 $14. 3 million or $0. 10 per share. quarterly dividend payments per share last 5 years\n Includes $0. 05 per share dividend-in-kind.\n declared dividend $0. 07 per share fourth quarter 2019 paid March 16, 2020.\n 2019 2018 2017 2016 2015\n 1st Quarter. 04\n 2nd Quarter.\n 3rd Quarter.\n 4th Quarter.\n."
}
{
    "_id": "d1a73e024",
    "title": "",
    "text": "Financial Data\n. Management Financial Condition Results Annual Report Form 10-K.\n 2018 income tax benefit $75. 8 million valuation allowance. deferred tax assets. Note 13. 2019 2017 2015 income restructuring charges. 5 million. 2. 3. 6 million.\n 2016 loss impairment charges $12. 4 million. 2015 loss $1. 5 million gain business interruption insurance $1. million sale intellectual property.\n 2016 Cascade Microtech acquisition $82. 6 million revenue $27. 8 million intangible amortization expense $7. 6 million inventory-up amortization.\n 2016\n Consolidated Statements Operations\n Revenues $589,464 $529,675 $548,441 $282\n Gross profit 237,496\n39,346 104,036 40,913\n.\n.\n Balance\n Cash securities $220,872 $149,003 $140,172 $108,905,589\n Working capital 282,483 235,302 213,693 172,002 214\n assets 839,882 728,222 646,574 342,723\n loan 15,639 34,971 87,228 125,475\n stockholders equity 640,997 580,164 458,637 401,056\n employees 1,836 1,676"
}
{
    "_id": "d1b3797e4",
    "title": "",
    "text": "\n 2018 increased $382. 3 million 17. 7 percent sales $300. 8 million 16. 2017. Excluding surcharge revenue gross margin 21. 3 percent 19. 3 percent 2017. stronger demand improved product mix operating cost improvements.\n surcharge mechanism raw material costs. surcharge protects profit margin. dilutive impact margin. removing impact surcharge.-GAAP Financial Measures”.\n sales $2,157. $1,797.\n surcharge revenue.\n excluding surcharge $1,792. $1,558.\n Gross profit $382. $300.\n margin. 7%.\n excluding surcharge revenue. 3%."
}
{
    "_id": "d1b3bff82",
    "title": "",
    "text": "April 30, 2019 Company. S. federal losses $23 million $4 million 2023 2031 Internal Revenue Code Section 382. remaining. losses $18. 9 million indefinite carry-forward. capital loss-forward $9. million expires 2023. state loss carry-forwards R&D tax credits tax credits.\n unrecognized tax benefits\n April 30 2019 effective tax rate. April 30 2019 2018 Company $64,000 $10,000 accrued interest penalties. recognized interest penalties $54,000 $3,000. decreases benefits $40,000.\n subject taxation U. S. federal state local foreign jurisdictions. federal income tax returns 2016. Revenue examination 2016 tax return no change tax liability. examination foreign jurisdictions Fiscal 2015. Net losses tax attributes subject adjustment.\nfiscal year $1,264 $1,626\n Additions\n prior 142\n Decreases (119 (304)\n Lapse statute limitations (29 (58)\n $1,258 $1,264"
}
{
    "_id": "d1b3127ec",
    "title": "",
    "text": "GreenSky.\n FINANCIAL STATEMENTS\n States Dollars\n table reconciles liabilities transferring rights Charged-Off Receivables.\n.\n liabilities loan payments.\n December 31,\n Beginning balance $3,016 $2,071\n Initial obligation transfer Charged-Off 2,705 2,461 2,379\n value changes (1,925) (1,516)\n Ending balance $3,796 $3,016 $2,071"
}
{
    "_id": "d1b389392",
    "title": "",
    "text": "Obligations Commitments\n August 31, 2019 obligations future payments contracts\n Amounts total rounding.\n liability unrecognized tax benefits excluded. Note 10 (Income Taxes Consolidated Financial Statements 8.\n Amounts projected payments unfunded retirement plans pre partners. pay directly. eliminated after May 15, 2001\n commitments information technology software support maintenance termination fee. Amounts recourse termination fees penalties.\n Payments due period\n Contractual Cash Obligations Less 1 1-3 3-5 5 years\n.\n Long-term debt $23 $6\n Operating leases 3,840 688 1,114\n Retirement obligations\n Purchase obligations commitments 286\n $4,244 $910 $1,206 $830"
}
{
    "_id": "d1b32c020",
    "title": "",
    "text": "\n increased $269. 4 million 45. 2% 2019 2018. decreased 55. 6% to 54. 9% due Shopify Payments amortization 6RS acquisition. offset lower third-party infrastructure hosting employee costs growth higher-margin Shopify Capital referral fees.\n profit increased $216. million 56. 8% 2018 2017. decreased from 56. 5% to 55. 6% due Shopify Payments hosting infrastructure higher product costs. offset growth higher-margin referral fees Shopify Capital Shipping.\n 2019\n Gross profit $ 865,643 $ 596,267 $ 380,253 45. 2 % 56. 8 %\n revenues 54. 9 % 55. 6 % 56. 5 %"
}
{
    "_id": "d1a73ccc4",
    "title": "",
    "text": "COMMITMENTS\n Warranties\n standard warranty repair defective product discretion 12 24 months. failure rates usage service delivery costs. warranty accruals technical problems. estimated cost revenue.\n Changes warranty liability table\n Ended December 31,\n 2019 2018 2017\n Warranty reserve $8,220 $8,306 $2,158\n Provisions 13,708 11,775 16,597\n Charges (11,574) (11,861) (10,449)\n end $10,354 8,220 8,306"
}
{
    "_id": "d1b2e9cc0",
    "title": "",
    "text": "CUSTOMER STATISTICS\n INTERNET Fiscal 2019 fourth-quarter additions 2,441 4,693 prior year additional connects Florida expansion MetroCast high speed growth residential business sectors.\n VIDEO 2019 fourth-quarter additions 5,294 losses 3,046 prior activation bulk properties Florida TiVo video services competitive offers changing video consumption environment.\n TELEPHONY 2019 fourth-quarter telephony net losses 304 1,150 decline residential growth business. 304 1,150 decline business.\n additions\n Three months August 31,\n Primary service units 901,446 7,431 2,797\n Internet service 446,137 2,441 4,693\n Video service 312,555 5,294\n Telephony service 142,754"
}
{
    "_id": "d1b3302a6",
    "title": "",
    "text": "restructuring expenses\n Restructuring Expenses Functional Area\n millions 2019 2018 2017\n Cost cloud software –138\n services –154\n Research development –467\n Sales marketing –299\n General administration –71\n Restructuring expenses –1,130"
}
{
    "_id": "d1b3a277a",
    "title": "",
    "text": ". Prepaid Expenses Assets Liabilities\n December 31, 2018\n expenses $1,948 $1,179\n Securities insurance receivable 16,627\n assets 1,556 2,865\n $20,131 $4,350"
}
{
    "_id": "d1b372930",
    "title": "",
    "text": "GasLog. Subsidiaries consolidated financial statements 2017 2018 2019 amounts. Dollars Investment associates joint venture\n additions $158 Gastrade. February 9 2017 GasLog acquired 20% Gastrade natural gas Alexandroupolis. operations maintenance FSRU agreement February 23, 2018.\n 2019\n January 1 20,800 20,713\n Additions\n profit 1,800 1,627\n Dividend\n December 31, 20,713 21,620"
}
{
    "_id": "d1b3324de",
    "title": "",
    "text": "2020 Incentive Plan Enhancements.\n transitioned operation phase long-term strategy.\n revised 2020 incentive programs strategic priorities\n added Revenue performance changed metric period three-year Adjusted EBITDA added-year Relative TSR Modifier 20%.\n Short-Term Incentive Plan\n 2018 2019\n Adjusted EBITDA\n Free Cash Flow 25%\n Revenue\n Customer Experience 10%\n Long-Term Incentive Plan\n Adjusted EBITDA (2 year\n Adjusted EBITDA (3 year\n Relative TSR Modifier (3"
}
{
    "_id": "d1b32dce0",
    "title": "",
    "text": ". Accrued Expenses\n leases income indirect tax.\n rebates marketing channel partners vendors integrators. professional service.\n January 31, 2020 $237 million Cirba patent trademark $155 million dissenting shareholders Pivotal acquisition. Note E B.\n January 31, 2020 February 1, 2019\n employee expenses $845 $780\n partner liabilities 181\n Customer deposits 247\n 878\n $2,151 $1,664"
}
{
    "_id": "d1b37c7fa",
    "title": "",
    "text": "\n ICS operates routes offers voice communication services business residential long-distance data transit traffic. Customers bilateral relationship ICS. sells access purchases routes.\n Net revenue from long-distance data transit traffic. earned based minutes multiplied price per minute recorded completion. Completed calls billable incomplete non-billable. Incomplete calls technical issues credit limit routing.\n Revenue calculated from billing software minutes market rates. billing software call records. analysis revenue.\n ICS evaluates gross versus net revenue indicators control. Net revenue gross allowance doubtful accounts receivable service credits adjustments. Cost revenue includes network costs access transport termination costs. cost variable based upon minutes use transmission termination costs significant.\n revenues from international long distance minutes\n December\n\n 2018\n distance minutes $696. $793.\n revenue contracts 696. 793.\n Telecommunications $696. $793."
}
{
    "_id": "d1b2f76d6",
    "title": "",
    "text": "Operating costs\n up $8. 3 million. 2019 line with inflation. emphasis on resource allocation cost management. investment product development maintained high-growth-margin areas. sales marketing expanding account management new technologies. Administration costs inflationary increase higher due CEO transition.\n investment Networks Security opportunities growth 400G high-speed Ethernet. new General Manager joined Lifecycle Service Assurance review business structure expand customer base growth agenda. Proactive cost management Connected Devices decrease product revenue year-on-year. costs 2019 CEO transition.\n. acquisition intangible amortisation share-based payment $4. million $19. 6 million.\n Product development.\n Selling marketing.\n.\n.\n Networks Security.\n Lifecycle Service Assurance.\n Connected Devices.\n.\n."
}
{
    "_id": "d1b3247ee",
    "title": "",
    "text": ". KEY PERFORMANCE INDICATORS HIGHLIGHTS\n indicators monitored business strategies shareholder value creation. not IFRS. Corporation indicators not comparable. measures performance revenue free cash capital intensity(1) constant currency.\n Fiscal 2018 restated IFRS 15 change accounting policy results Cogeco Peer 1 discontinued operations. consult \"Accounting policies \"Discontinued operations\" sections.\n 2019 sell Cogeco Peer 1 fiscal 2019 financial guidelines revised.\n results constant currency fiscal 2018 average foreign exchange rates 1. 2773 USD/CDN.\n \"Cash flow analysis\" sections.\n millions Fiscal 2018 Revised projections 2019 currency Achievement projections\n Financial guidelines\n Revenue 2,147 Increase 6% to 8%. Achieved\nEBITDA 1,007 Increase 8% 10%.\n Acquisitions property $450 $470.\n. 3% 20% 21%. 5%\n cash flow Increase 38% 45%."
}
{
    "_id": "d1b32f824",
    "title": "",
    "text": "Transactions Dell\n VMware transactions revenue receipts unearned revenue\n Dell products sells. distributor products services for resale. Revenue net of marketing funds rebates. VMware provides services agreements. Dell purchases products services VMware internal use. VMware Dell projects pays reimburses costs.\n Dell purchases products services channel partners.\n revenue receipts unearned revenue\n Customer deposits Dell were $194 million $85 million January 31, 2020 February 1, 2019\n Revenue Receipts Unearned Revenue\n Reseller revenue $3,288 $2,355 $1\n Internal-use revenue 82  41  46 | 57  29\n Collaborative technology project receipts 10  4 n/a"
}
{
    "_id": "d1b34a228",
    "title": "",
    "text": ". Taxes\n geographical breakdown loss\n Ended December 31,\n Domestic loss $(20,345,752)\n Foreign income\n Loss taxes $(16,412)(9,545)"
}
{
    "_id": "d1b3712f6",
    "title": "",
    "text": "\n funding requirements monitored asset liability profile. flexibility global funding.\n debt $62,899 million increased $17,087 million 2018 issuances $32,415 million offset maturities $12,673 million decrease commercial paper $2,691 million.\n Non-Global Financing debt $38,173 million increased $23,587 million Red Hat acquisition.\n Global Financing debt $24,727 million decreased $6,500 million OEM IT financing.\n financing assets. revenue. assets leveraged Global Financing base.\n debt intercompany loans external debt. changes correspond receivables cash equivalents payables investment. terms loans match pricing. debt-to-equity ratio 9 to 1 December 31, 2019.\n stand-alone entity expense.Consolidated Income Statement Global interest expense.\n December 31\n company debt $62,899 $45,812\n Global Financing $24,727 $31,227\n external 21,487\n internal 3,239\n Non-Global Financing 38,173"
}
{
    "_id": "d1b355b1e",
    "title": "",
    "text": "\n Teradyne extended warranties training service agreement post contract support replacement parts. recognized price. Extended warranty training service agreements PCS recognized. Replacement parts recognized transfer control.\n Teradyne returns refunds. 12-month warranty.\n December 31, 2019 2018 deferred revenue customer advances\n Maintenance service training $63,815 $58,362\n Extended warranty 30,677 27,422\n Customer advances undelivered elements 56,358 24,677\n deferred revenue advances $150,850 $110,461"
}
{
    "_id": "d1b364844",
    "title": "",
    "text": "ACCOUNTING POLICY\n Accounts receivable due collectible. recognize. measure fair value amortized cost changes net income. impairment loss excess carrying over future cash flows. excess allocated allowance doubtful accounts recognized loss net income.\n reclassified $23 million December 31, 2018 January 1, 2019 wireless financing collection differs.\n Customer accounts receivable 1,579\n Other accounts 785 762\n Allowance doubtful accounts\n Total accounts 2,304"
}
{
    "_id": "d1b3501c8",
    "title": "",
    "text": "Company currency derivatives hedging instruments\n Hedge ratio 1:1 forward rate hedged risk. lower\n taken OCI. higher excess ineffective recorded gains losses.\n hedged net sales cumulative released OCI reclassification recognized net sales.\n note E1 cash flow hedge reserve. No hedged net sales 2019 released. hedge ineffectiveness\n income statement.\n Foreign exchange forward contracts\n 1–3 years\n Amount millions 517\n Average forward rate/USD."
}
{
    "_id": "d1b342c1c",
    "title": "",
    "text": "realisation remaining performance obligations year end\n Company applies IFRS 15 disclose obligations one year less.\n one year deferred income unsatisfied obligations recognised revenue future\n information represents revenue remaining obligations. amounts include orders party performed.\n Revenue sale hardware software arises contracts less one year. amounts relate maintenance support services.\n revenue recognised within three years.\n Company provides warranties products services. additional service obligation. Warranty obligations estimated recognised liabilities probable outflow resources.\n one year.\n Greater one.\n."
}
{
    "_id": "d1b327aa2",
    "title": "",
    "text": "Contractual Obligations Commitments\n table summarizes cash obligations commercial commitments December 31, 2019.\n interest €135. million 2024 June 30 $445. million 2022 $189. 2 million 2021 April $12. 5 million installment.\n finance lease obligations. IRUs inter-city intra-city dark fiber. $169. 8 million December 2019. terms 15 20 years.\n facilities operating leases colocation obligations carrier data center obligations. liabilities $96. 8 million 2019.\n purchase obligations dark fiber IRU finance lease agreements December 31, 2019.\n Payments due period\n Less 1 3 years 5\n 903,696 50,601 691,748 161,347\n Finance lease 340,188 25,459 48,693 45,311 220,725\nleases 205,087 36,119 42,344 100,486\n 27,885 12,154 13,078\n,476,856 $124,333,131 $234,103"
}
{
    "_id": "d1b3b7c24",
    "title": "",
    "text": "Systems Business\n 2019 EDP Renewables ConnectGen Innergex Renewable Energy 10% sales majority United States Australia. denominated U. S. Australian dollars. recognize revenue solar power cost based. revenue development project completed system. revenue recognition policies Note 2. Accounting financial statements.\n table net sales 31, 2019 2018 2017:\n sales modules segment increased $958. 1 million 2019 180% volume 4% increase average selling price per watt. systems segment decreased $139. 0 million sale Mashiko India projects California Flats Willow Springs Florida offset sale Sun Streams Sunshine Valley Beryl Phoebe GA Solar 4.\n 2019 2018\n Modules $ 1,460,116 $ 502,001 $ 806,398 $ 958,115 191% $(304,397 (38)%\n Systems.1,603,001 1,742,043 2,134,926\n. 3,063,117 2,244,044,941,324 819,073,280"
}
{
    "_id": "d1b3861b0",
    "title": "",
    "text": "Statements\n related party Operating expenses\n Transactions FNF November 30 2019 related party.\n ended December 31,\n Data entry indexing operating expenses $8. 8 $8. $5.\n services 3.\n Technology corporate services. (1.\n related party expenses $12. 5 $12. $12."
}
{
    "_id": "d1b302c5c",
    "title": "",
    "text": "Share Unit Awards\n grant restricted cash employees directors. service three years. stock cash issued without cost. estimate value market price. grants dividend equivalents. reduced foregone dividend payments.\n compensation expense accounting forfeitures. cash-settled stock units marked-to-market Consolidated Balance Sheets. compensation expense $23. 9 million $21. 8 million $18. 2 million 2019 discontinued operations $1. 4 million. tax $6. 0 million $7. 2 million $7. million. cash $17. 5 million $5. 8 million $20. 9 million discontinued operations $2. 6 million. $4. 4 million $1. 9 million $8. 0 million.\n 2019 Pinnacle granted 2. million cash-settled share unit awards fair value $36.share Pinnacle employees unvested awards. compensation 2019 $18. 9 million accelerated vesting Pinnacle restructuring lower price Conagra Brands. $36. 3 million pre-combination service purchase price liability. cash-settled $6. 7 million-market. May 26, 2019 liability awards $15. 9 million post-combination service expense mark-to-market payouts Pinnacle acquisition.-combination expense $3. 9 million Conagra two years.\n nonvested share units May 2019\n 2019 2018 2017 granted. stock-settled share units value $35. $34. $46. 79. 2017 granted. million-settled $48. 07. No cash-settled awards 2018.\n stock-settled units vested $24. 6 million $18. 5 million $27.2019 2018 2017. cash-settled share units $50. 5 million $14. 2 million $24. million 2019 2017.\n May 26, 2019 $25. 2 million $4. 2 million unrecognized compensation expense. 9. 5 years stock-settled cash-settled\n Consolidated Financial Statements Fiscal Years May 26, 2019 27, 2018 28, 2017\n Stock-Settled Cash\n Nonvested share units May 27, 2018. $34.\n. $35. $36.\n.\n.\n Nonvested share units May 26, 2019. $34. 89."
}
{
    "_id": "d1b355ccc",
    "title": "",
    "text": "Operations\n Revenue\n Comparison 2018 2017\n net revenue 2018 increased $1,083. 9 million 49% 2017.\n Transaction-based revenue increased $551. 3 million 29%,. growth GPV $19. 3 billion 30% $84. 7 billion $65. 3 billion. growth existing sellers new sellers. larger sellers 51% GPV fourth quarter 2018 increase 47% 2017. attracting large seller growth GPV growth.\n Subscription services-based revenue 2018 increased $339. 0 million 134%. driven Instant Deposit Caviar Cash Card Square Capital acquisitions. 18% net revenue 11% 2017.\n Hardware revenue increased $27. 1 million 65% 2017. growth shipments Square Register Square Terminal. driven contactless chip readers Square Stand third-party peripherals new. ASC 606 increase $5.9 million hardware revenue December 31, 2018 retail installment sales.\n Bitcoin revenue increased $166. 5 million 2017. fourth quarter 2017 Cash App customers bitcoin. revenue recorded transfer. small margin prices customer demand.\n December 2017 2018 2016\n Transaction-based revenue $2,471,451 $1,920,174 $1,456,160 29%\n Starbucks transaction revenue 78,903\n Subscription services-based revenue 591,706 252,664 129,351 134%\n Hardware revenue 68,503 41,415,307\n Bitcoin revenue 166,517\n Total net revenue $3,298,177 $2,214,253 $1,708,721 49%"
}
{
    "_id": "d1b38706a",
    "title": "",
    "text": "NOTES PAYABLE\n unsecured.\n 1 April 2019 updated Global Medium Term Note Programme corporate information increased principal USD10 billion to USD20 billion.\n 11 April 2019 issued five tranches senior notes principal USD6 billion.\n 31 December 2019 notes USD2,000 million April 2014 maturity repaid.\n 31 December 2019 fair value RMB98,668 million (31 December 2018: RMB62,820 million. values assessed active market price similar instruments.\n Amount Interest Rate\n 2024. 280%\n Floating Rate Notes 3-month USD LIBOR.\n.\n.\n.\n"
}
{
    "_id": "d1b35a1c8",
    "title": "",
    "text": ". Investment income financing costs\n short-term investments foreign exchange movements. costs interest bonds commercial bank loans hedging transactions\n Includes €305 million €187 2017: €272 million interest foreign exchange derivatives.\n income\n Amortised cost 286  339 426\n profit loss 147\n Foreign exchange\n 685 474\n Financing costs\n loans\n Interest swaps\n Fair value hedging instrument\n financial liabilities\n Bank loans overdrafts\n Bonds 1,567 1,243\n Interest settlement tax issues\n profit loss\n Derivatives options swaps futures\n Foreign exchange\n 2,088 1,074 1,406\n Net financing costs 1,655 389"
}
{
    "_id": "d1b338e56",
    "title": "",
    "text": "\n Infrastructure Defense Products\n IDP revenue increased $104. 2 million. 2% higher demand base station products.\n IDP operating income increased $31. 6 million. 4% revenue lower gross margin factory utilization.\n Note 16 Consolidated Financial Statements reconciliation income 2019 2018 2017.\n Revenue $892,665 $788,495\n Operating income $267,304 $235,719\n."
}
{
    "_id": "d1b370c02",
    "title": "",
    "text": "5. Fair Value Financial Instruments\n Company measures reports cash equivalents money market funds certificates of deposit long-term investments fair value accounting guidance. hierarchy observable minimizes unobservable\n three levels reliability\n Level 1: Observable inputs unadjusted prices active markets\n 2:\n Level 3: Unobservable inputs little market activity based management’s assumptions pricing models discounted cash flow\n financial assets fair value determined inputs\n other financial instruments accounts receivable payable current liabilities carried at cost approximates fair-value short maturity.\n Fair value December 31, 2019\n Cash equivalents\n Money market funds $297,311\n Noncurrent assets\n Long-term investments 132,188\n Fair value December 31, 2018\nCash\n Money market funds $485,872\n Noncurrent assets\n Long-term investments"
}
{
    "_id": "d1b39a7e6",
    "title": "",
    "text": "Sales Distribution\n maintain local presence. net sales by geographic\n sales external customers attributed countries legal entity sale.\n sell products 150 countries direct. fiscal 2019 direct sales 80% net sales. sell indirectly via third-party distributors.\n maintain distribution centers. Products delivered manufacturing customer. directly manufacturing customer. global coverage locations supply base production costs. contract with transport providers road sea air. balanced sales distribution lowers exposure improves financial profile.\n Europe/Middle East/Africa 36 %\n Asia–Pacific 33\n Americas\n Total"
}
{
    "_id": "d1a73a424",
    "title": "",
    "text": "2019 Compensation Outside Directors\n 2019 Compensation Committee granted director restricted shares $165,000 closing price Common Shares 15-day May 22, 2019. dollar value reflects grant date value FASB ASC Topic 718. awards vest May 22, 2020 accelerated vesting forfeiture. Stock Payments.\n December 31, 2019. Post held 365,221 unvested shares stock 14,706 350,515 performance-based directors 14,706-Employee Director Deferred Compensation Plan unvested equity-based awards. deferred fee arrangements.\n Includes reimbursements examinations travel $5,000. Hanks. Landrieu $3,950. Perry $4,436. Post KPMG Conference $6,000. NACD Global Board Leaders’ Summit $6,000.Hanks Perry payments G100 Conference $4,000. Bejar. Chilton. travel benefits recreational activities Board retreats.\n terms directors end 2020 shareholders meeting.\n Directors\n Martha. Bejar $120,000 $146,472 $4,000 $270\n Virginia Boulet 130,000 146,472\n Peter. Brown 128,375\n Kevin. Chilton 128,500 146\n Steven. Clontz 115,000 146\n. Michael Glenn 121,000\n. Bruce Hanks 244,000\n Michael. Roberts 114,000\n Laurie. Siegel 113,000 259\n Non-Returning Directors\n Mary. Landrieu 113,000 146,472 259\n Harvey. Perry 309,000 146,472 15,950 471,422\n. 146,472 4,436"
}
{
    "_id": "d1b303d6e",
    "title": "",
    "text": "ITEM 7. MANAGEMENT DISCUSSION ANALYSIS FINANCIAL CONDITION RESULTS States Dollars share data\n anticipated non-cash charges financial guarantee arrangements ASU 2016-13 Note 1 Consolidated Financial Statements Item 8 Standards credit losses financial evaluating non-GAAP financial measures modification historical computation adjusted EBITDA 2020 enhance business performance information financial.\n Adjusted Pro Forma Net Income adjusted transaction non expenses losses financial guarantee arrangement Bank Partner loan incremental pro forma tax expense. results comparable public companies corporate income taxation. limitations not GAAP financial measures. limitations\n assumptions tax expense differ results not universally consistent limits usefulness comparative.\ncompensates limitations Adjusted Pro Forma Net Income disclosure financial statements reconciliation.\n Includes losses fourth quarter 2019 financial guarantee Bank Partner loan November 2019. Note 14 Financial Statements.\n December 31, 2019 loss remeasurement tax receivable $9. 8 million professional fees strategic alternatives review $1. 5 million. December 2018 costs not deferrable proceeds. March 2018 loan upsizing. December 2017 one-time fees August 2017 loan transaction.\n December 2019 legal fees $2. 0 million tax compliance fees $0. 2 million lien filing expenses Bank Partner solar loans $0. 6 million.\n incremental tax effect net income income subject corporate taxation. December 2019 2018 2017 tax rates 14. 8% 19. 7% 38. 4%.\n$95,973 $127,980\n 16,215\n Transaction 11,345\n Non-recurring 2,804\n tax (24,768,248,266)\n $101,569 $109,125 $87,014"
}
{
    "_id": "d1b37b97c",
    "title": "",
    "text": "\n Sales marketing decreased $51 million stock $41 million divestiture WSS PKI.\n Research development $66 million.\n General administrative decreased $130 million decrease stock.\n intangible assets decreased sold divestiture WSS PKI.\n Restructuring transition costs $70 million 2019. $88 million transition divestiture WSS PKI $3 million 2019.\n Year Variance\n Dollars Percent\n Sales marketing $1,493\n Research development 913\n General administrative 447\n Amortization intangible assets 207\n Restructuring transition costs 241 410 (169)\n Total $3,301 $3,753"
}
{
    "_id": "d1b393cac",
    "title": "",
    "text": "Segment Financial Results\n table revenues segment\n Revenues Corporate Other deferred accounting adjustments GAAP.\n December 31\n Software Solutions $1,012. $962. $50. 5%\n Analytics 165. 154. 7%\n Corporate Other.\n $1,177. $1,114. $63. 6%"
}
{
    "_id": "d1b3309ea",
    "title": "",
    "text": "Employee Stock Purchase Plan\n value rights 2019 2018 2017 was $4. 28, $5. 18 $6. 02. Sales 24,131 shares $9. 76 2019 31,306 $15. 40 2018 38,449 $12. 04 2017.\n December 29, 2019 62,335 shares 2009 ESPP available issuance. compensation expenses $60,000 $205,000 $153,000 2019 2018 2017.\n fair value rights estimated average assumptions\n methodologies\n Expected term purchase period ESPP.\n Risk-free interest rate Treasury Constant Maturity bond.\n Volatility historical volatility common stock.\n Dividend Yield intent issue dividend.\n Fiscal Years\n Expected life (months.\n Risk-free interest rate. 37%.\n Volatility"
}
{
    "_id": "d1a73e402",
    "title": "",
    "text": "segment revenues operating income\n revenues licensing service fees segments.\n Ended December 31, 2019\n Blizzard\n revenues customers $2,219 $1,676 $2,031 $5,926\n $2,219\n operating income $850 $464 $740 $2,054\n Ended December 31, 2018\n revenues $2,458 $2,238 $2,086 $6,782\n $2,458 $2,086\n operating income $1,011 $685 $750 $2,446\n Ended December 31, 2017\n revenues external customers $2,628 $2,120 $1,998 $6,746\n $2,628 $2\n operating income $1,005 $712 $2,417"
}
{
    "_id": "d1b360794",
    "title": "",
    "text": "\n years December 2019 2018 share payments equity-settled more dilutive cash-settled. net income 2019 reduced $6 million (2018 – $2 million) diluted earnings per share calculation.\n 2019 1,077,875 options (2018 – 37,715) earnings share. excluded anti-dilutive.\n Years ended December 31\n 2019 2018\n Net income 2,043\n dilutive securities Employee stock options restricted share units\n 513\n Earnings per share\n $3. $4.\n."
}
{
    "_id": "d1b32002c",
    "title": "",
    "text": ". Registrant's Common Equity Issuer Purchases Securities.\n shares traded Stock Market. high low sales prices two years.\n closing price May 21, 2019 $22. 51 share. 1,561 active shareholders.\n dividends 2019 2018 unlikely. policy retain earnings operations.\n $21. $13.\n Third $17. $13.\n $16. $14.\n $15. $11.\n Fourth $13. $10.\n Third $12. $11.\n. $9.\n $10."
}
{
    "_id": "d1b30b0a0",
    "title": "",
    "text": "Free Cash Flow\n non-GAAP measure liquidity. calculated capital expenditures activities. conservative purchases fixed assets operations.\n limitations residual cash expenditures. incorporate finance lease obligations business acquisitions wireless licenses. consolidated statements.\n reconciles net cash cash flow\n increase free cash flow 2019 operating cash offset capital expenditures.\n millions\n 2019 2018\n Net cash activities $ 35,746 $ 34,339\n Less Capital expenditures 17,939 16,658\n Free cash flow $ 17,807 $ 17,681"
}
{
    "_id": "d1b336372",
    "title": "",
    "text": "Value-at-Risk\n tools derivative risk. perform simulations estimate potential losses positions. use price volatility information prior 90 days daily risk. view potential risk loss derivative positions prices. model 95% confidence level. losses greater 5%. include commodity swaps futures options foreign exchange forwards options. average daily VaR energy foreign exchange positions 2019 2018.\n Fair Value Impact\n Millions Average 2019 2018\n Processing Activities\n Energy commodities.\n Agriculture commodities.\n Other commodities.\n Foreign exchange."
}
{
    "_id": "d1b38e05e",
    "title": "",
    "text": "\n primary drinkable kefir cultured dairy. Lifeway Kefir tart tangy high protein calcium vitamin D. contains 12 cultures 15 20 billion beneficial CFU).\n brand private labels. December 31, 2019 20 varieties 60 flavors. Kefir Cups Organic Farmer Cheese Cups resealable 5 oz. containers. Skyr yogurt Plantiful probiotic pea protein 10 vegan kefir cultures probiotic supplements soft serve kefir mix.\n product categories\n Drinkable Kefir organic non-organic sizes flavors low fat non whole milk protein BioKefir. European-style soft cheeses cups. Cream. ProBugs children. Other Dairy Skyr. Frozen Kefir soft serve pint-size containers.\n Net sales December 31\n Kefir\n\n Drinkable Kefir 71,822 77% 78,523 76%\n Cheese 11,459\n Cream 4,228 5,276 5%\n ProBugs Kefir 2,780\n dairy\n Frozen Kefir 1,617\n Net Sales $ 93,662 103,350"
}
{
    "_id": "d1b37f626",
    "title": "",
    "text": "deferred costs $1,896 million current $2,472 million noncurrent December 2019 $2,300 million $2,676 million 2018.\n amortized 2019 $3,836 million no impairment losses. Accounting Policies deferred.\n costs 717\n costs\n setup costs 1,939 2,085\n costs 1,820 2,173\n $4,368 $4,975"
}
{
    "_id": "d1b3711d4",
    "title": "",
    "text": ". Restructuring Charges\n $21. million $16. $51. million EMS $2. $16. $82. 4 million DMS $1. million $4. $26. 7 million non-allocated 2019 2018 2017. asset write-off cash settled.\n 2013 Restructuring Plans.\n Employee severance benefit $16,029 $16,269 $56,834\n Lease costs\n Asset write-off\n Other costs\n restructuring $25,914 $36,902 $160,395"
}
{
    "_id": "d1b2f0d72",
    "title": "",
    "text": ". Employee share plans\n FY2019 LTI Plan\n share subject performance measure tested. Plans measured against Total Shareholder Return (TSR). shares vest after lapse.\n vest if ASX Small Ordinaries Index achieved. vesting starts TSR 50th Percentile.\n 50% Plan shares vest. All vest if TSR above 75th Percentile. percentage vesting increases.\n Shares issued FY2017 LTI Plan\n table shares issued\n 2019 2018\n 768,806 3,384,696\n Granted\n Forfeited,806) (2,615,890)\n Exercised\n end,806"
}
{
    "_id": "d1b30842c",
    "title": "",
    "text": "segments activities Group conducts operations United Europe regions holds investments territories. geographical assets\n 31 December 2019 non-current assets deferred tax Mainland China regions RMB311,386 million,774 RMB136,338 million.\n revenues external customer less than 10% total revenues 2019 2018.\n Operating assets\n Mainland China 345,721 270,373\n 168,714 83,962\n China Hong Kong,491 254,992\n North America 76,488 44,835\n Europe 29,707 37,451\n Asia 30,148\n 953,986"
}
{
    "_id": "d1b3736be",
    "title": "",
    "text": "Revenue Recognition\n tables results ASC 606 historical accounting\n Ended December 31, 2018\n Impact ASC 606 Historical Adjusted Balances\n millions share\n Operating revenue $23,443 23,482\n Cost services products depreciation amortization 10,862\n Selling administrative 4,165\n Interest expense 2,177\n Income tax expense 170\n Net loss (1,733)\n LOSS COMMON SHARE\n.\n.\n WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING\n 1,065,866\n"
}
{
    "_id": "d1b34d270",
    "title": "",
    "text": "Contractual obligations commitments\n obligations 31 March 2019. German spectrum licence auction commitments May 2018 Liberty operations Germany Czech Republic Hungary Romania note 28.\n dividends non-controlling shareholders. excludes tax liabilities post employment benefit schemes 6 25. obligations associates joint ventures.\n note 21 financial risk.\n 28.\n spectrum network infrastructure.\n device purchase obligations.\n Payments\n Contractual obligations\n Financial 86,160 21,953 11,404 14,881 37,922\n Operating lease 10,816 2,834 1,689\n Capital 1,514\n Purchase 8,460 4,091 2,616\n 108,448 30,392 18,175 17,432 42"
}
{
    "_id": "d1b34da5e",
    "title": "",
    "text": "fourth quarter 2019 revenues $2,754 million increase. 9% 290 above guidance product groups. higher volumes 7% 1% selling prices mix prices stable.\n year-over-year net revenues increased 4. 0%. 6% selling prices offset 2% decrease volumes. improved product mix offset lower prices 3%.\n December 31, 2019\n Net sales $ 2,750 $ 2,547 $ 2,633 8. 0% 4. 5%\n.\n Net revenues $ 2,754 $ 2,553 $ 2,648. 9%."
}
{
    "_id": "d1b3545fc",
    "title": "",
    "text": "7\n TORM leases office buildings vehicles administrative equipment. short-term low-value lease reflected balance sheet right-of-use asset liability. right-of-use assets financial statement. 6.\n 31 December 2019 TORM recognized right-use assets\n Vessels dry-docking Land buildings plant operating equipment\n Balance 1 January 43. 3\n Adjustment transition IFRS 16 9.\n.\n.\n Balance 31 December 42. 10.\n Depreciation\n Balance 1 January 13.\n.\n Depreciation 4.\n Balance 31 December 15.\n Carrying amount 31 December 26. 8"
}
{
    "_id": "d1b37221e",
    "title": "",
    "text": "Net Income Per Share\n computed-average shares. Diluted dilutive potential shares. incremental stock options treasury stock method.\n table basic diluted income\n December 31, 2019 2018 options purchase 200,000 shares common stock not included-dilutive.\n Ended December 31,\n 2018\n Net income $4,155 $4,661\n Weighted average common shares—basic 11,809 12,323\n Effect dilutive securities stock options\n 12,035 12,510\n Net income per share—basic.\n."
}
{
    "_id": "d1b3a79e6",
    "title": "",
    "text": "revenues\n billing location.\n 100%.\n Americas U. S. Canada Latin America EMEA Europe Middle East Africa APJ Asia Pacific Japan.\n Americas 64%\n EMEA 21%\n APJ"
}
{
    "_id": "d1b2e83de",
    "title": "",
    "text": "Stock-Based Compensation\n December 31, 2018 $4. 1 million accelerated. March 2018\n 2014 Purchase Plan unrecognized compensation expense\n accelerated recognized consolidated.\n December 31, 2019 $29. 5 million unrecognized\n unvested awards ESPP Amended 2014 Purchase Plan recognized\n 2. 6 years.\n Ended December\n award\n Stock options $648 $1,353 $2\n Stock awards 14,882\n Employee stock purchase\n $16,529 $17,038\n category expense\n Cost revenue\n Sales marketing\n Research development\n General administrative\n $16,529 $17"
}
{
    "_id": "d1b317652",
    "title": "",
    "text": ". Property Plant Equipment\n Land $146,719 $144,136\n Buildings 962,559 849,975\n 1,092,787 1,013,428\n Machinery,262,015 3,983,025\n Furniture 209,257 192,243\n,234\n,444,246 6,844,961\n 4,110,496 3,646,945\n $3,333,750,198,016"
}
{
    "_id": "d1b3a9174",
    "title": "",
    "text": "Capital\n December 31, 2019 $19. 5 million cash equivalents $14. 8 million outside. foreign operations. taxes. repatriation taxes leave. increased $18. million 2018 repurchases common stock equity investment WeekenGO. cash working capital twelve months.\n non liabilities. $11. 2 million 2019 $4. 2 million adjustments non-cash $3. 8 million $3. 2 million increase. Adjustments $1. 3 million depreciation amortization $993,000 stock-based compensation $821,000 WeekenGO losses currency translation adjustment. $3. 1 million accounts payable.\n Net cash $5. 3 million 2018 income $4. 7 million adjustments non $2. 5 million $1. 9 million decrease. Adjustments $1. 8 million depreciation $915,000 stock-based compensation. decrease $1.5 million increase accounts receivable.\n taxes refunds 2019 2018 $4. 7 million $4. 3 million.\n Net investing 2019 2018 $1. 1 million $3. 7 million. 2019 $673,000 WeekenGO $474,000 property. 2018 $3. 1 million $752,000 $150,000 sale.\n financing 2019 2018 $9. 1 million $5. 3 million. $10. 8 million repurchases common stock $1. 7 million issuance. $5. 3 million repurchases common.\n 2018\n operating $11,236 $5,317\n investing (1,147\n financing (9,106\n exchange rate changes cash 266\n increase $1,249 (4,540)"
}
{
    "_id": "d1b3b3926",
    "title": "",
    "text": "\n table summarizes activity years 2019 2018\n recognized $0. 7 million $1. 4 million $1. 0 million compensation expense options. 2019 $2. million unrecognized compensation expense three years.\n intrinsic value closing stock price multiplied options. total value $11. 1 million $1. 4 million $1. 4 million. per-share-average value $5. 07 $4. 56 $4. 28,. aggregate intrinsic value $4. 9 million $8. 7 million.\n Number Shares Weighted-Average Price Per Share Contractual Term\n September 30 2016 3,015,374 $3.\n 147,800 $7.\n $2.\n $3.\n 30 2017 2,845,866 $4.\n $8.\n $2.\n(88,076) $5.\n September 30 2018 2,806,364.\n 409,368.\n,384,647.\n,183).\n September 30 2019 1,686,902."
}
{
    "_id": "d1b34cc44",
    "title": "",
    "text": "£1. 5m. 4m scheme assets quoted market price active.\n return gain £5. 5m £1. loss.\n amounts Company Statement Financial Position\n value assets 59. 56\n liabilities.\n Retirement benefit 5. 3\n deferred tax.\n pension asset 4."
}
{
    "_id": "d1b30a7d6",
    "title": "",
    "text": "\n Adjusted IFRS balances 15. Note 2.\n June 30\n.\n Cash equivalents $1,268,441 $1,410,339 $244,420 $259,709\n Short-term investments 445,046 323,134 305,499 483,405\n assets 215,233 99,995\n Working capital 1,377,145 296,984\n Total assets 2,977,258 2,421,828 1,282,117\n Deferred revenue 468,820 342,871\n Derivative liabilities 855,079 207,970\n Exchangeable senior notes 853,576 819,637\n liabilities 2,411,791 1,514,508 379,424\n Share capital 24,199\n equity,467 907,320"
}
{
    "_id": "d1b367724",
    "title": "",
    "text": ". Investments\n IFRS 9 applied 1 April 2018 new classifications investments. IAS 39 classified investments available-for-sale loans receivables fair value profit loss. IFRS 9 reclassified fair value income profit loss amortised cost note 1. current figures reflect IFRS 9 prior year IAS 39.\n Investments amortised cost loans receivables sterling £2,687m US dollars £26m euros £499m other currencies £2m. investments liquidity funds £2,522m cash flows. prior years available-for-sale.\n 31\n Non-current assets\n Fair value income\n Available-for-sale\n Fair value profit loss\n Current assets\n income\n Available-for-sale 2,575\n Investments amortised cost\n Loans receivables\n"
}
{
    "_id": "d1a7285e4",
    "title": "",
    "text": "Inventories Valuation\n first cost market value. selling price reduced costs disposal. conditions future results. Reductions valuation Cost revenue Consolidated Statements Operations. reviews inventory excess obsolescence future demand. historical information inventory cost. changes cost. future compared current values.\n components inventories\n March 31,\n Raw materials $3,445 $2,969\n Finished goods 6,356\n Total inventories $9,801 $9,222"
}
{
    "_id": "d1b30db52",
    "title": "",
    "text": "Consolidated Financial Statements Fiscal Years Ended May 26, 2019 27, 2018 28, 2017 millions share amounts 2019 recognized pre-tax expenses Pinnacle Integration Restructuring Plan\n $163. 5 million charges cash outflows $4. 7 million non-cash charges.\n Pinnacle Foods\n cost goods sold $3.\n cost. 3.\n. 110.\n Accelerated depreciation 4.\n Contract/lease termination.\n Consulting/professional fees.\n selling administrative expenses.\n selling expenses.\n Consolidated $1. $162. $168."
}
{
    "_id": "d1b2e2ab0",
    "title": "",
    "text": "COMMON SHARES CLASS B SHARES\n articles amalgamation unlimited voting non-voting Class B without par value. rank equally dividends distribution assets BCE liquidated. No Class B shares outstanding December 31, 2019 2018.\n outstanding common shares BCE.\n Q1 2018 repurchased canceled 3,085,697 common shares $175 million. $69 million stated capital $3 million contributed surplus. $103 million charged deficit.\n CONTRIBUTED SURPLUS\n premiums share-based compensation expense.\n 898,200,415,640\n acquisition AlarmForce\n employee stock option plan 4,459,559\n Repurchase common shares (3,085,697)\n Shares ESP 1,231,479\n DSP 16,729\nDecember 31,182,200,415"
}
{
    "_id": "d1b37f428",
    "title": "",
    "text": "Fiscal Year 2019 2018 Revenues\n Adjusted IFRS balances IFRS 15. See Note 2 financial statements details.\n revenues increased $329. 1 million 37% June 30 2019 2018. Growth increased demand new existing customers. 90% sales customer accounts 2018. customers increased 152,727 2019 from 125,796 2018.\n Subscription revenues increased $223. 3 million 54%. additional subscriptions base. cloud-based licenses Data Center expect subscription revenues increase higher perpetual license revenues.\n Maintenance revenues increased $68. 0 million 21% 2019 2018. renewal software maintenance contracts perpetual license.\n license revenues increased $10. 4 million 13% 2019 2018. additional licenses existing customers.\n Other revenues increased $27. 5 million 45%. sales third-party apps Atlassian Marketplace.\n\n 2018\n.\n Subscription $633,950 $410,694 $223,256 54%\n Maintenance 394,526 326,511\n license 93,593 83,171\n 88,058 60,602\n revenues $1,210,127 $880,978 $329,149"
}
{
    "_id": "d1b33c6f0",
    "title": "",
    "text": "Direct Financing Sales\n Teekay LNG 70% Teekay BLT Corporation Joint leases LNG carriers third party leases vessels. charters carriers direct financing leases. charters 2009.\n 2013, acquired 155,900-cubic meter LNG carriers WilPride WilForce Awilco LNG chartered five- four-year-rate contracts one-year extension Awilco fixed-price purchase obligation. charters direct financing leases.\n 2017 LNG contracts hire obligations December 2019. hire $10,600 $20,600 per day July 2017 December 2019 deferred added purchase obligation.\n contracts reclassified operating leases expiry November 2017 August 2018.\n 2019 Awilco charters December 2019 60 days ownership Awilco.October 2019 Awilco approval financing purchase two LNG carriers.\n vessels derecognized lease receivables recognized LNG. recognized gain $14. 3 million derecognition December 31, 2019 included write-down loss sale statements. Awilco purchased vessels January 2020.\n 21-year charter contract Bahrain Spirit storage unit commenced September 2018 direct finance lease. net investments financing\n December 31, 2019 estimated minimum lease payments Teekay LNG $324. 7 million $64. 2 million. $534. 6 million. leases end 2020 2039.\n December 31, 2018 lease payments Teekay LNG $63. 9 million $64. 3 million. $576. 5 million.\n Total minimum lease payments 1,115,968\n284,277 291,098\n unearned revenue (613,394\n 818,809 575,163\n (273,986)\n 544,823 562,528"
}
{
    "_id": "d1b35377e",
    "title": "",
    "text": "\n Operating lease liabilities $15,049\n licenses 9,667 3,551\n Royalties 6,107 11\n Accrued interest 9,212\n 36,936 38,412\n $76,971 $61,688"
}
{
    "_id": "d1b2efb8e",
    "title": "",
    "text": "debt IFRS 16 lease liabilities\n reconciliation. breakdown balances Note 24. debt excludes IFRS 16 lease liabilities comparability years.\n 2018\n debt 295. 235.\n IFRS 16 lease liabilities.\n."
}
{
    "_id": "d1b390e62",
    "title": "",
    "text": "EBITDA Margin\n tables EBITDA Margin\n Software Solutions\n EBITDA $567. 2 million 2018 $516. 2017 $50. million EBITDA Margin 59. 0% 190. driven margins revenue.\n Data Analytics\n EBITDA $39. 5 million 2018 $38. 2017 $1. million 3% EBITDA Margin 25. 6% 30. driven margins revenue growth.\n $567. $50.\n Data Analytics."
}
{
    "_id": "d1b39336a",
    "title": "",
    "text": "\n revenues decreased $1. 4 million 2019 2018. expenses decreased $203,000 2018 2019. due $503,000 decrease salary expense $303,000 member acquisition costs.\n Foreign currency movements. impacted loss $136,000 2019. loss $127,000 2018.\n Ended December\n Revenues $6,490 $7,859\n operations $(6,322)\n"
}
{
    "_id": "d1b3c1ada",
    "title": "",
    "text": "Operating Metrics\n key performance indicators business. drivers significance.\n Net bookings In-game net bookings\n monitor net bookings analysis trends. Net bookings products services sold digitally includes license fees merchandise publisher incentives. equal to revenues excluding deferrals. In-game net bookings downloadable content microtransactions sold equal revenues.\n Net-game\n decrease 2019 due to\n $572 million decrease Blizzard net bookings lower bookings Hearthstone World of Warcraft expansion Battle for Azeroth no comparable 2019 increased Classic\n $239 million decrease Activision net bookings lower bookings Destiny franchise Call of Duty offset Sekiro: Shadows Die Twice Crash Team Racing Nitro-Fueled Call of Duty: Mobile March June\n$55 million decrease King bookings lower Candy Crush offset increase advertising bookings.\n 2019\n $539 million decrease Blizzard Hearthstone World of Warcraft\n $167 million decrease Activision lower Destiny Call of Duty: Mobile\n $131 million decrease King lower Candy Crush.\n Years Ended December 31,\n 2019 2018 Increase\n Net bookings $6,388  $7,262  $(874)\n In-game bookings $3,366 $4,203 $(837"
}
{
    "_id": "d1b36f4e2",
    "title": "",
    "text": "Operating Expenses\n table expenses percentages net sales consolidated statement\n 2019 2018\n Research development $117,353. 2% $132,586 7.\n Selling administrative 272,257 19. 293,632 15. 4%\n charges\n Amortization intangible assets 13,760. 10,690.\n operating expenses $403,370 28. 2% $437,674 23."
}
{
    "_id": "d1b304fca",
    "title": "",
    "text": "Fees Paid Independent Auditor\n table fees billed Ernst & Young LLP services 2019 2018\n pre-approved by Audit Committee.\n billed Systemax Ernst Young\n annual financial statements 10-K\n audit internal control financial reporting\n attestation\n report services\n statutory regulatory filings.\n “Audit-related services related audit\n compliance obligations Section 404 Sarbanes-Oxley Act.\n Ernst & Young services tax compliance planning advice 2019 2018.\n services.\n Fee 2019 2018\n Audit fees 1,196,000 1,257,000\n Audit-related fees (2) 15,000\n Tax fees (3)\n All other fees (4)\n 1,198,000 1,274,000"
}
{
    "_id": "d1b39bd9e",
    "title": "",
    "text": "Borrowings\n fixed rate CMBS assessed market prices Level 1 27. unlisted floating rate borrowings equal Level 2.\n maturity profile debt lease\n borrowing agreements conditions repayment profile covenants pages 165 166\n 31 December 2019 Group undrawn borrowing £238. 5 million £274. 2 maturing 2021 2022. £42. 1 million undrawn development finance.\n Repayable 65. 46\n two 901.\n 2,114. 2,722.\n 1,569. 2,155.\n 4,651."
}
{
    "_id": "d1b3878a8",
    "title": "",
    "text": "Free cash flow\n operating activities less purchase property equipment. liquidity measure information cash balance not residual cash discretionary expenditures. not U. GAAP.\n reconciliation net cash operating activities free cash flow\n adoption ASU 2016-09 2017 excess tax benefits share-based payments operating financing. standard retrospectively impacted presentation.\n Net cash operating activities $(156,832) $113,207  $64,241 $138,720 $141,257\n Purchase property equipment (36,531) (52,880) (89,160) (78,640),566\n Free cash flow $(193,363) $60,327 $(24,919) $60,080 $110,691\n investing activities $25,761 $17,496 $(28,718) $(392,666 $(170,027)\ncash financing,406,287 $4,635,794 $368,953"
}
{
    "_id": "d1b3aaa1a",
    "title": "",
    "text": "Operating profit\n. exceptional items acquisition costs intangible amortisation share-based payment $4. 3 million $19. 6 million.\n. profit revenue.\n increased $15. 8 million. $92. 9 million 2019 $77. 1 million 2018. margin increased. 18 4. 2018\n profit $31. 1 million. $88. 6 million $57. 5 million. items lower 2019 $4. 3 million $19. 6 million 2018 exceptional items $13. 1 million last.\n Adjusted operating margin 1 2 %\n Networks.\n Assurance.\n Connected Devices.\n.\n.\n.\n Acquisition costs.\n Acquired intangible asset amortisation.\n Share-based payment.\n operating profit 88."
}
{
    "_id": "d1b3610c2",
    "title": "",
    "text": "Write-offs lease loan $15 $20 million. credit losses $14 million $2 million.\n average investment Americas EMEA Asia Pacific $138 million $55 million $73 million. immaterial.\n Americas EMEA Asia Pacific\n Lease receivables $ 3,827 $1,341,320\n Loan receivables 3,675 2\n balance $10,644 $5,016 $3,641 $19,301\n $10,498 $4,964 $3,590 $19,052\n $ 146 52 51 249\n Allowance credit losses\n 1 2018\n Lease receivables $ 63 31 103\n Loan receivables 108 52 51\n $ 172 $ 61 $ 82 314\n Write-offs\n Recoveries\nProvision 7 9\n (11)\n balance December 31, 2018 $ 158 65 56 279\n Lease 53 22 24\n Loan 105 43 179\n impairment $ 39 16 59\n $ 119 49 51 219"
}
{
    "_id": "d1b32b54e",
    "title": "",
    "text": "Company estimates values stock options Black-Scholes option-pricing model. 2019 2018 assumptions\n risk-free interest rate United States Treasury rate equity instrument. volatility share price common stock. dividend yield zero plans. determines expected term stock option awards simplified method vesting tranche term equal contractual term vesting period.\n December 31, 2019 compensation cost unvested stock options $0. 8 million expected 2. 3 years.\n Black-Scholes option pricing model assumptions\n Volatility.\n Expected term years\n Risk-free rate. 22%.\n Expected dividend yield.\n average grant date fair value per share $2."
}
{
    "_id": "d1b3150c8",
    "title": "",
    "text": "Interest borrowings includes short long-term debt.\n 6% increase finance costs lease liabilities IFRS 16 higher debt April 2019 acquisition 600 MHz spectrum licences offset $21 million loss discontinuation hedge accounting bond derivatives.\n Interest borrowings increased issuance senior notes offset higher borrowings lower-interest US CP program. Liquidity Financial.\n Loss repayment long-term debt $19 million loss $28 million repayment debt redemption premiums $900 million. 4 billion. 7% senior notes November 2019 September 2020. 8% 2018.\n exchange value $79 million net gains 2019 $136 million losses. US dollar-denominated commercial paper) program borrowings.\n offset $80 million loss change fair value derivatives debt risk.\nDecember 31, 2018 ten-year bond derivatives. discontinued hedge accounting reclassified $21 million loss finance costs. extended bond forwards to May 31, 2019 redesignated hedges. December 2019 exercised remaining bond forwards.\n Liquidity Financial debt finance costs.\n FINANCE COSTS December 31\n 2019 2018\n Interest borrowings 746\n post-employment benefits\n Loss repayment long-term debt\n foreign exchange\n fair value derivative instruments\n Capitalized interest\n Finance costs before interest lease liabilities\n Interest lease liabilities\n Total finance costs 840 793"
}
{
    "_id": "d1b380ed6",
    "title": "",
    "text": ". Data Centres\n. business air emissions Group GHG electricity fossil.\n. GHG inventory includes carbon methane nitrous oxide. 31 December 2019 carbon equivalent calculated Baseline Emission Factors Regional Power Grids China IPCC Guidelines National Greenhouse Gas.\n. Diesel consumed backup power generators.\n. Hazardous waste includes toner cartridge ink cartridge printing equipment. disposed suppliers. covers office buildings Mainland China.\n. Non-hazardous waste domestic non. disposed property management companies kitchen waste recycling vendors estimation Domestic Discharge Coefficients. Non-hazardous waste centralised vendors all buildings.\n. lead-acid accumulators. disposed waste recycling vendors.\n. waste servers hard drives.servers hard drives recycled. centres.\n year 31 December\n GHG emissions 1 2) 743,287. 612,521.\n emissions 316.\n.\n Indirect emissions 2),970. 612,484.\n Purchased electricity,970. 612,484.\n Hazardous waste.\n Non-hazardous waste 1,811. 1,350."
}
{
    "_id": "d1b3686ec",
    "title": "",
    "text": "Transaction related parties\n Net revenues transactions 2019 2018 2017\n Cool Pool July 8, 2019 GasLog vessel charter contracts Pool. assumed responsibility management. ceased related party.\n Magni Partners Tor Olav Trøim founder partner Magni Partners (Bermuda) Limited ultimate beneficial owner. Receivables personnel services. payment services Tor Olav Trøim.\n Borr Drilling founder director Bermuda company NASDAQ. Receivables management administrative services.\n 2020 Bulkers related party. Receivables management administrative services.\n 2019 2018 2017\n Cool Pool 39,666 151,152 59,838\n Magni Partners\n Borr Drilling\n 2020 Bulkers\n 39,615 150,777 59,578"
}
{
    "_id": "d1b31b4fa",
    "title": "",
    "text": ". Prepaid expenses\n October\n Parts supplies $33,617 $28,287\n insurance 8,859\n expenses 14,455\n $56,931 $43,240"
}
{
    "_id": "d1b30bbfe",
    "title": "",
    "text": "Uncertain Tax Positions\n unrecognized tax benefits\n $2. 1 million no tax rate. accrued interest penalties not significant December 29, 2019 2018 31, 2017.\n Company not tax examination net operating loss credit carryforwards adjusted Internal Revenue statute. unrecognized tax benefits change twelve months.\n subject. federal income tax. states foreign jurisdictions. tax years 1999 open examination unused operating losses tax credits.\n 2017\n Beginning balance unrecognized tax benefits $2,161 $2,107 $2,014\n Additions prior\n current\n Lapse statutes limitations\n Ending balance $2,117 $2,161"
}
{
    "_id": "d1b36b4aa",
    "title": "",
    "text": "Profitability\n Net income\n 2018 $16. million $7. 9 million last year. increase $28. million gain legal settlement LoJack. offset higher tax expense. foreign taxes. revaluation deferred income tax assets Tax Cuts Jobs Act 2017.\n Adjusted EBITDA\n Telematics Systems increased $1. 5 million higher MRM products revenue. Software Subscription Services increased $5. 2 million lower selling marketing expenses general administrative expenses.\n Note 20 reconciliation EBITDA GAAP net income.\n Fiscal years\n Telematics Systems $48,943 $47,432 $1,511.\n Software Subscription Services 8,233 5.\n Satellite.\n Corporate Expense (4,794).\n Adjusted EBITDA $52,382 $49,368 $3,014."
}
{
    "_id": "d1b35e2be",
    "title": "",
    "text": "ADVANCED INDUSTRIES. FINANCIAL STATEMENTS\n February 2018 acquired Trek. Tokyo Lockport New York $6. 1 million. 95% U. S. subsidiary.\n Trek Electrostatic Product Line LumaSense\n $11,723 $3,000 $94,946 109,669\n cash (5,651)\n purchase price $6,072 $3,000 $84,684 93,756"
}
{
    "_id": "d1b37796c",
    "title": "",
    "text": "PROPERTY EQUIPMENT\n depreciation expense $9. billion. $6. billion. committed $4. billion buildings leasehold June 30 2019.\n Land 1,540 1,254\n Buildings improvements 26,288 20,604\n Leasehold improvements 5,316\n Computer 33,823\n Furniture\n 71,807 58,683\n depreciation,330\n $ 36,477"
}
{
    "_id": "d1b323f38",
    "title": "",
    "text": ". Calculation return capital\n income before tax annualized. Average capital employed balances quarterly.\n interest expenses corporate debt hedging activities corporate assets.\n millions € 2019\n Net income 5,648 6,120\n interest expenses (529) (482)\n 763 721\n pensions\n 148\n Interest adjustments\n Taxes interest adjustments\n 30%\n Income before after tax 5,916 6,401\n Average capital employed 53,459 50,715\n ROCE. %."
}
{
    "_id": "d1b3aeca0",
    "title": "",
    "text": "Segment Financial Results\n table revenues\n Corporate Other deferred adjustments.\n Software Solutions\n Revenues $962. million 2018 $904. million 2017 $57. million 6%. servicing software increased 7% $52. million loan growth. origination software increased 3% $5. million loan origination system license fee lower Exchange eLending 26% decline refinancing originations.\n Data Analytics\n Revenues $154. million 2018 $151. million 2017 increase $2. million 2%. property data listing service offset revenues license deals 2017.\n December 31\n Software Solutions $962. $904\n Data Analytics.\n Corporate.\n $1,114. $1,051."
}
{
    "_id": "d1b30b5d2",
    "title": "",
    "text": "Cash Flow\n non-IFRS measure less.\n increased $140. 9 million year 2019 $154. 9 million offset $14. million increase capital expenditures.\n Capital.\n Year June 30\n Net cash activities $466,342 $311,456 $199,381\n Capital expenditures (44,192)\n Free cash flow $422,150 $281,247 $184,252"
}
{
    "_id": "d1b3b4cea",
    "title": "",
    "text": "Balance Sheet Components\n Prepaid expenses\n December\n expenses $2,303 $1,780\n assets\n expenses $2,496 $1,947"
}
{
    "_id": "d1b33f684",
    "title": "",
    "text": "Seasonality\n sales income cash flow vary lowest fourth quarter. seasonal purchase patterns network operators.\n three-year average seasonality\n First Second Third Fourth\n change sales -25% 11% 4% 17%\n annual sales 22% 24% 29%"
}
{
    "_id": "d1a720542",
    "title": "",
    "text": "IFRS cash\n cash £35. million.\n operating £11. million £91. 5 million lower 2018 reduction earnings £65. million settlement interest rate swaps £52. 4 million offset working capital £32. 2 million.\n investing disposal £96. million £75. 3 million offset capital expenditure £127. million.\n financing net borrowings repaid.\n flows\n operating.\n investing.\n financing.\n change cash equivalents."
}
{
    "_id": "d1a715e30",
    "title": "",
    "text": "tax effect differences deferred tax assets liabilities\n liability tax benefits May 26, 2019 $44. 1 million excluding $11. 7 million interest penalties. $1. million tax positions deductibility uncertainty timing. disallowance shorter deductibility period tax rate payment cash. interest penalties tax rate. May 27, 2018 liability tax benefits $32. 5 million excluding $7. 7 million interest penalties. $1. 2 million 2019 $1. 6 million 2018 $0. 3 million 2017.\n Consolidated Financial Statements Years May 26, 2019 27, 2018 2017\n Assets Liabilities\n Property plant equipment.\n Inventory.\n Goodwill trademarks intangible assets.\n Accrued expenses.\n Compensation liabilities.34.\n Pension benefits 54. 6 45. 8\n subsidiaries 185. 165.\n tax deductions 123. 109. 7\n capital loss 766.\n Federal credits 18. 3.\n 37. 24. 23.\n 1,063. 1,637. 722.\n Valuation.\n deferred taxes $325. $1,637. $257. $722."
}
{
    "_id": "d1b3769fe",
    "title": "",
    "text": "Long-lived assets property equipment\n No country U. S 10% January 31, 2020 February 1, 2019\n solutions\n Software-Defined Data Center\n Hybrid Multi-Cloud Computing\n Digital Workspace—End-User Computing\n develops markets. synergies leveraged. bundled sold. determine revenue.\n January 1, 2020 February 1, 2019\n United States $860 $849\n International\n Total $1,069 $962"
}
{
    "_id": "d1a73715c",
    "title": "",
    "text": "\n Group domiciled UK tables detail revenue location trade receivables non-current assets deferred tax\n large no customers greater 10% total revenue.\n Revenue £m\n UK 349. 324.\n.\n Total revenue 355. 330."
}
{
    "_id": "d1b36ef9c",
    "title": "",
    "text": "Systems profit margin increased. 53. percent 2019. driven cost structure IBM Z hardware operating systems margin improvement Storage Systems.\n Pre-tax income $701 million declined. 4 percent margin 8. 4 percent decreased. declines Power Storage Systems revenue investment innovation new hardware launches.\n year December 31. Margin\n Hardware profit $2,622 $2.\n margin 44. 3% 40. 7%.\n Software $1,412.\n 83. 8%.\n profit $4,034 $4,002.\n 53. 1%. 8%\n Pre-tax income $701 $904.\n. 4%."
}
{
    "_id": "d1b3a9f84",
    "title": "",
    "text": "presents obligation future purchases property equipment lease commitments.\n Capital expenditure operating lease commitments reporting date\n include contingent turnover rentals retail. rentals calculated turnover.\n Group leases retail warehousing facilities 40 years. Norwest office distribution centres. agreements five 25 years renewal options terms. property taxes insurance maintenance expenses. recent lease agreements gross semi-gross exposure operational charges.\n 1 July 2019 adopted AASB 16 Leases operating lease commitments recognised Consolidated Statement Financial Position exception service component lease payments. Note 1. reconciliation operating lease commitments 30 June 2019 lease liabilities 1 July 2019.\n Capital expenditure commitments\n Estimated capital expenditure contracts payable\ncapital expenditure\n lease\n rentals\n one year 1,998 2,089\n,484\n 12,378 13,331\n lease commitments 21,791 22,904\n 22,189 23,320"
}
{
    "_id": "d1b382998",
    "title": "",
    "text": "December 31, 2019 Company foreign subsidiaries deferred tax assets. reduced net operating loss deferred tax assets valuation allowance $19. 7 million.\n accrued $2. 7 million December 2019 2018 excluding unrecognized tax benefits-term income tax Balance Sheets. $2. 7 million tax rate 2019 2018. benefits next twelve months.\n recognizes interest penalties. $1. 1 million $0. 6 million accrued December 31, 2019. million. 4 million statutory penalties. penalties Statements 2019 2018 2017 $0. 4 million $0. 7 million $. million.\n tabular reconciliation unrecognized net tax benefits\n Balance $2,720 $1,342 $8,531\n tax position increases 2,950\n Decreases settlements tax authorities\nstatute (1,310 (466)\n Foreign currency 4,142\n $2,711 $2,720 $1,342"
}
{
    "_id": "d1b3af100",
    "title": "",
    "text": "\n. Note 13,. majority less 1%.\n Ended June 30\n Processing $594,202 $550,058 $506,555\n Outsourcing Cloud 405,359\n Delivery 231,982 251,743\n In-House Support 321,148 307,074,203\n 958,489 920,739 $881,735\n Revenue $1,552,691 $1,470,797 $1,388,290"
}
{
    "_id": "d1b339b76",
    "title": "",
    "text": "\n last triennial actuarial valuation performed independent actuary 30 April 2018 projected unit method. valuation updated to 31 March 2019. no changes valuation methodology.\n principal financial assumptions liabilities IAS 19\n reflect nature term Scheme’s liabilities.\n Discount rate scheme liabilities 2. 45 2.\n CPI inflation.\n RPI inflation 3.\n Pension increases\n 1988 2.\n 5.\n 3."
}
{
    "_id": "d1b3105c8",
    "title": "",
    "text": ". Goodwill Assets\n Company impairment test 2019 no impairment.\n changes goodwill Electronics Diversified 2019 2018\n $8. 2 million goodwill reallocated DMS EMS.\n Balance August 31, 2017 $52,574 $555,610 $608,184\n Acquisitions 30,763 (8,186) 22,577\n currency rates (2,349)\n Balance August 31, 2018 82,670 545,075 627,745\n (4,788),490\n Balance August 31, 2019 $81,968 $540,287 $622,255"
}
{
    "_id": "d1b3174e0",
    "title": "",
    "text": "Audit Non-Audit Fees\n PricewaterhouseCoopers LLP annual financial statements June 29, 2019 30 2018 services.\n Audit Fees financial statements internal control Sarbanes-Oxley Act 2002 reviews Quarterly Reports Form 10-Q statutory regulatory filings. 2019 RPC Photonics. 3Z Telecom. 2018 AvComm Wireless Cobham plc Trilithic.\n Audit-Related Fees due diligence acquisition activities.\n Tax Fees 2019 2018 transfer pricing consulting tax audits planning consulting.\n Other Fees software subscription fees.\n 2019 Audit Committee PricewaterhouseCoopers LLP.\n 2018\n Audit Fees $3,631,575 $3,784,488\n Audit-Related Fees (2)\n Tax Fees (3) 169,776 61,592\nFees\n $3,805,851,208,680"
}
{
    "_id": "d1b37ec1c",
    "title": "",
    "text": "share capital reserves\n Consolidated Statement Changes Equity pages 151 152\n reserve £1. 4m credit earnings.\n 1st January 2019 31st December 2019\n reserve 30.\n investment hedge reserve.\n Cash flow hedges reserve.\n Capital redemption reserve.\n Employee Benefit Trust reserve.\n reserves 22. (10"
}
{
    "_id": "d1b39023c",
    "title": "",
    "text": "November 2016, FASB show changes cash equivalents restricted cash flows. effective after December 15 2017. retrospective transition method. adopted first quarter fiscal 2019 consolidated financial statements.\n October 2016, FASB recognize income tax effects intercompany sales transfers\n. effective\n after December 15 2017. modified retrospective transition method. adopted\n fiscal 2019 consolidated financial statements.\n August 2016, FASB diversity cash receipts payments cash flows. after December 15 2017. retrospective transition method. 2019 consolidated financial statements.\n January 2016, FASB equity investments measured fair value changes recognized net income. impacts financial liabilities fair value presentation disclosure requirements classification measurement financial instruments. effective after December 15 2017.cumulative-effect adjustment balance sheet fiscal equity securities values amendments. adopted first quarter 2019. amendments consolidated financial statements.\n reconciliations benefit cost consolidated statements 2018 2017\n Twelve Months Ended September 29, 2018: Adjustments\n Cost Sales $34,926\n Selling Administrative $2,071\n Operating Income $3,055 $3,032\n Other Expense $310\n Twelve Months Ended September 30\n Cost Sales $33,177,198\n Selling Administrative $2,152\n Operating Income $2,931\n Other (Income Expense $303"
}
{
    "_id": "d1b3b5dc0",
    "title": "",
    "text": ". Property Equipment\n $1,949 $2,185\n Buildings improvements 138,755 129,582\n Equipment fixtures 307,559,537\n 38,466 41,883\n Transportation\n Construction\n,379 475,076\n depreciation,389 339,658\n $125,990 $135,418"
}
{
    "_id": "d1b327df4",
    "title": "",
    "text": "ADVANCED. FINANCIAL STATEMENTS share\n 9. ACCOUNTS RECEIVABLE\n net value.\n Amounts billed invoiced doubtful accounts. short term financing.\n Unbilled receivables obligations inventory. invoiced consumption. unbilled receivables invoiced collected next twelve months. financing.\n December 31, 2019 31, 2018\n Amounts billed $227,528 $80,709\n Unbilled receivables 19,036\n Total receivables $246,564 $100,442"
}
{
    "_id": "d1b319772",
    "title": "",
    "text": "summary cash flows operating investing financing 2019 2018. 2017 omitted Annual Report 10-K.\n Financial Condition Capital Annual Report 2018 February.\n Cash Flows\n $78. 3 million 2019. positive $101. 1 million non-cash expenses $16. 9 million assets liabilities offset net loss $19. 9 million deferred income taxes benefits stock-based compensation $19. 8 million.\n Non-cash depreciation amortization property equipment leased-use $66. 4 million stock-based compensation $32. 1 million.\n exited leased facilities assets 9. 2 million leasehold improvements $1. 4 million offset gain extinguishment lease liabilities 10. 4 million.\n cash $102. 7 million 2018. $100. 3 million non-cash expenses $28.assets liabilities offset net loss $26. 2 million.\n Non-cash depreciation amortization property assets $79. million stock compensation $31. 7 million impairment assets $2. 2 million offset deferred income taxes $12. 1 million excess tax benefits stock awards $2. million.\n Investing\n $7. million. $6. 9 million purchases property. $7 million. million\n Financing\n $53. 4 million. prepayments $50. million $12. million minimum tax withholding $8. 6 million proceeds common stock.\n $93. 8 million 2018. $93. million prepayments $7. 6 million minimum tax withholding $6. 8 million proceeds.\n $92. 7 million cash equivalents December 31, 2019 operating requirements twelve months. repaid $213.million debt. credit agreement permits request incremental loans not exceed $160. million adjustments unlimited amount compliance leverage tests.\n Incremental loans subject conditions commitments. term loan facility seven-year term interest Adjusted LIBOR or Adjusted Base Rate fixed margin.\n cash equivalents affected equity bonus program employees. 2019 issued. 3 million-tradable shares common stock bonus 2018. expect similar equity-based plan 2019 compensation committee payment cash stock.\n may need raise additional capital indebtedness initiatives acquisitions.\n future capital requirements depend revenue growth expansion engineering sales marketing market acceptance investments acquisitions. Additional funds available.\n unable raise funds sustain operations execute strategic plans.\n Years Ended December 31,\n 2018\n thousands\n$78,348 $102,689\n investing (6,973 (7,825)\n financing (53,383,784\n exchange rate 934 (1,301\n $18,926 (221)"
}
{
    "_id": "d1a73ab0e",
    "title": "",
    "text": ". SHARE-BASED EMPLOYEE COMPENSATION\n Stock incentive plans offer share-based compensation plans motivate officers employees directors financial success.\n administered by Compensation Committee approved by stockholders. terms conditions awards determined Committee exercise price expirations vesting restriction sales forfeitures. issue new shares stock issuances.\n Amended 2004 Stock Incentive Plan authorizes issuance,600,000 shares stock options appreciation rights purchase rights bonuses units performance units employees directors. 1,677,983 shares September 29, 2019.\n deferred compensation plan for non-management directors. amounts converted to stock equivalents. settlement separation. issuance 350,000 shares.,122 shares available September 29, 2019.\n Compensation expense\nNonvested issued executives directors. Senior Vice Presidents. retirement. 60,272 RSUs September 2019.\n Nonvested units $5,458,737 $5,873\n Stock options 936 1,790 1,826\n Performance share awards 1,417 2,580\n Non-management directors’ deferred compensation 263\n compensation $8,074 $9,146 $10,637"
}
{
    "_id": "d1a72ff9c",
    "title": "",
    "text": "Teradyne’s deferred tax assets December 31, 2019\n deferred taxes majority. valuation allowance $77. 2 million $69. 9 million operating losses tax credit carryforwards uncertainty. Adjustments.\n Deferred tax assets\n Tax credits $79,480 $69,091\n Accruals 25,424\n Pension liabilities 24,459\n Inventory valuations 18,572\n Deferred revenue 7,622\n Equity compensation 7,042\n Vacation accrual 4,768\n Investment impairment\n Net operating loss carryforwards 2,705\n Marketable securities\n Gross deferred tax assets 174,836 158,277\n $97,659 $88,425\n Depreciation $(18,238) $(14,028)\nIntangible,705\n deferred tax liabilities,239)\n deferred assets $61,115,186"
}
{
    "_id": "d1b374866",
    "title": "",
    "text": "Contract Liabilities\n payments revenue. changes\n revenue prepayment contracts activation fees.\n Ended December 31,\n balance $11,176 $12,678\n Revenue deferred acquired 6,127 3,954\n Revenue (6,805) (5,456\n End period balance $10,498 $11,176"
}
{
    "_id": "d1b31baa4",
    "title": "",
    "text": "Stock-Based Compensation\n statements\n January 31, 2020 unrecognized compensation cost stock options restricted stock $1. 8 billion recognized 2024 1. 5 years. compensation VMware equity awards recognized statements periods.\n January 31, 2020 February 1 2019 2018\n license\n subscription SaaS\n services 83\n Research development\n Sales marketing 293\n General administrative\n Stock-based compensation 1,017\n Income tax benefit\n compensation net tax $670 $547"
}
{
    "_id": "d1b38bf5c",
    "title": "",
    "text": "Results Operations\n items consolidated statements operations. changes December 31, 2018 2017 omitted Annual Report Form 10-K 7.\n Discussion Analysis Financial Condition Results Annual Report 2018 filed SEC February 5, 2019 available website.\n Net Revenue. sales radio analog mixed-signal circuits home infrastructure industrial multi-market applications. sales distributors resell products.\n Net Revenue. finished silicon wafers outsourced packaging assembly test shipping personnel manufacturing assets inventory production mask costs load boards sockets occupancy costs.\n Research Development. personnel stock compensation product engineering packaging test computer-aided design intellectual property design testing evaluation depreciation occupancy costs.\n new refinement test methodologies. costs expensed incurred.\n.Selling administrative expense personnel stock compensation amortization assets sales commissions engineering travel consulting fees legal fees depreciation occupancy costs. Impairment Losses. assets.\n Restructuring Charges. severance lease leasehold impairment restructuring plans. Interest Income. cash equivalents balances. expense accrued debt. Other income non-operating transactions.\n Income Tax Provision. estimates income tax expense. revenue expenses realizability.\n table consolidated statement operations data net revenue\n Net revenue 100%\n Cost revenue\n Gross profit 53\n Operating expenses\n Research development 31\n Selling general administrative\n Impairment losses\n Restructuring charges\n Total operating expenses 60\n Loss operations\n interest income\n(10)\n benefit\n Net loss (6)"
}
{
    "_id": "d1b31ee98",
    "title": "",
    "text": "Equity Awards Fiscal Year End\n table summarizes equity awards executive officers December 31, 2019\n. Options. Price Expiration Date\n Garo. $1. April 16 2026\n. 184,028 65,972. October 16 2027\n Alexander. 100,000. February 12 2026\n Alexander. 140,000. April 15 2026\n. 55,208 19,792. October 16 2027\n. 41,667. February 1 2029"
}
{
    "_id": "d1b3958ea",
    "title": "",
    "text": ".\n Company operates development marketing network infrastructure equipment. Revenue attributed location. three Americas EMEA Europe Middle East Africa APAC. CEO reviews financial information allocating resources evaluating performance.\n Note. Revenues regions location.\n long-lived assets attributed regions\n Assets\n 2019\n 2018\n Americas $136,035 $178,251\n EMEA 28,744 15,106\n APAC 11,529\n Total $176,308 $203,253"
}
{
    "_id": "d1b33a1de",
    "title": "",
    "text": "Trade payables\n liabilities advance payments. £8. 3m 31st December recognised 2019 £3.\n Trade payables 57.\n Contract liabilities 8.\n Social security 5.\n payables 37.\n 64. 58\n trade payables 174. 167."
}
{
    "_id": "d1b319ea2",
    "title": "",
    "text": ". Audit non-audit services fees paid KPMG LLP 31 March 2019. 2017 2018 fees PricewaterhouseCoopers LLP.\n audit parent company consolidated financial statements Sarbanes-Oxley Act. audits subsidiary companies. excludes BT Group Employee Share Ownership Trust Ilford Trustees (Jersey) Limited £32,000.\n £446,000 fees PricewaterhouseCoopers LLP 2017/18 subsidiary accounts IAS 19 accounting valuation retirement benefit obligations not 2019 balances.\n Services statutory filings auditor. review interim results regulatory financial statements US debt shelf registration. tax returns audits monitoring enquiries.\n taxation advisory services. KPMG LLP new IFRS 15 revenue accounting standard April 2018. non-audit services.\n KPMG LLP IFRS 15 revenue standard.\nFees non-audit services advisory.\n 31 March £000\n Fees auditors associates\n Audit services\n parent company financial statements 8,165 5,418 4,316\n subsidiaries\n 14,226 11,295\n assurance services 2,236 1,771 1,865\n non-audit services\n Taxation compliance services\n advisory services\n assurance services\n 2,332\n 3,009\n 17,420 13,869 14,865"
}
{
    "_id": "d1b363336",
    "title": "",
    "text": ". Financial instruments risk management\n main purpose Group’s instruments receivables contractual provisions lease liabilities fund liquidity requirements.\n financial assets liabilities amortised cost except forward foreign currency exchange contracts corporate owned life insurance $3. 0 million (2018 $2. 4 non. table\n Group enters derivative transactions foreign currency exchange contracts.\n objective treasury department financial risks ensure liquidity. treasury activity formal control framework. Board treasury policies guidelines reviews. speculative treasury transactions forbidden.\n Non-current trade receivables.\n Cash equivalents.\n Current trade receivables.\n financial assets.\n 322. 252.\n Non-current payables excluding government grants.\n Current trade payables accruals.\nLease liabilities 26.\n Contractual provisions 28.\n Financial liabilities."
}
{
    "_id": "d1b2e2826",
    "title": "",
    "text": "assumptions pension benefit obligations\n Canadian post-retirement plans trend rates 2019 2024. 75% 2029 3. 57% 2040.\n Actuarial benefit obligation\n 3. 20%. 95%. 80%. 4.\n Benefit costs\n. 90%. 90% 4. 60%. 25%. 60%\n Future salary growth 2.\n Health care cost trend. 49% 5. 49%.\n medical trend rates 4. 4. 56%."
}
{
    "_id": "d1b31fb54",
    "title": "",
    "text": "table summarizes stock compensation expense statements\n 2019 granted 33,000 shares employees 55,000 officers Chief Executive Officer\n directors. 2018 granted 12,000 employees officers 30,000 Chief Executive Officer\n directors.\n measures value nonvested stock awards market price common stock. Black-Scholes option-pricing model. assumptions volatility stock price risk-free interest rate expected life. dividend yield divided per share closing share price. equity compensation awards 2019 2018 nonvested.\n Years\n 2018\n Cost sales $7 $5\n Engineering development\n Selling administrative 736\n $792 $691"
}
{
    "_id": "d1a714224",
    "title": "",
    "text": "Equity net earnings\n decrease Golar Partners performance 2018. recognized impairment charge $149. 4 million. 2017 loss disposal $17. 0 million dilution Golar Partners. December 2018 32. 0% (2017 31. 8%) ownership Golar Partners 2% 100% IDRs.\n net earnings affiliates equity Egyptian Company Gas Services. Avenir LNG. recognized negative goodwill $3. 8 million earnings bargain purchase Avenir. note 14 \"Investment Affiliates details.\n 2017\n net earnings Golar Partners 7,001 17,702 (10,701\n Impairment investment (149,389\n Net loss disposal\n net earnings other affiliates 3,711 2,918 368%\n,677"
}
{
    "_id": "d1b3a9dd6",
    "title": "",
    "text": "financial information consolidated balance sheets\n 2016, sale colocation business data centers reclassified $1. 1 billion property plant equipment $1. 1 billion goodwill assets. Note 3—Sale Data Centers Colocation Business 8 II.\n 2019 2018 recorded non-cash goodwill impairment charges $6. 5 billion $2. 7 billion.\n 2015, adopted ASU 2015-03 Debt ASU 2015-17 Deferred.\n 2019 adopted ASU 2016-02 “Leases. restated information ASC 842.\n long-term debt maturities lease obligations $305 million December 31, 2016 assets sale. Note Long-Term Debt Credit Facilities. obligations Financial Condition Contractual Item 7 Part II.\n December 31,\n millions\nproperty $26,079 26,408 17,039 18\n 21,534 28,031 30,475,742\n 64,742 70,256,017\n-term 34,694 19,993 20,225\n equity 13,470 19,828"
}
{
    "_id": "d1b3a1f8c",
    "title": "",
    "text": "Disaggregation revenue\n transition grouped products. Strategic Clustered ONTAP E-Series SolidFire converged infrastructure ELAs software. Mature 7-mode ONTAP add-on hardware software. Mature Strategic disk hybrid flash storage media. software hardware professional services global support customer education training.\n table disaggregation revenue products services\n Revenues region Note 16 Segment Geographic Customer Information\n Product revenues $ 3,755 3,525 3,060\n Strategic 2,709,468\n Mature\n Software maintenance\n Hardware maintenance 1,445 1,492\n contracts 1,182 1,214\n Professional services 263\n Net revenues $ 6,146"
}
{
    "_id": "d1b3a0c72",
    "title": "",
    "text": "\n activity\n-average grant 2019 2017 $55. $46. $37. 99. total $58. 4 million $49. 9 million $37. 2 million.\n Unrecognized compensation expense $127. 2 million December 31, 2019 recognized. years.\n Unvested shares December 31, 2018 4,117 $41.\n.\n Forfeited.\n.\n Unvested shares December 31, 2019 3,756 $47."
}
{
    "_id": "d1b2f0318",
    "title": "",
    "text": "\n December 31, 2019\n no off-balance sheet arrangements.\n requirements.\n Payments\n 2021 2023-2024 2025\n Long-term debt $111,586 $2,807 $5,876 $102,903\n Operating lease payments 37,610 4,467 8,764 16,566\n Retirement obligations 6,447 2\n $155,643 $8,031 $16,069 $112,044 $19,499"
}
{
    "_id": "d1b36d9f8",
    "title": "",
    "text": "9. Non-current assets property plant equipment\n secured finance leases\n note 24.\n Accounting policy\n cost less accumulated depreciation impairment losses. includes expenditure acquisition. costs separate asset future economic benefits measured.\n Plant equipment depreciated leasehold improvements amortised over estimated useful lives straightline method. Assets finance lease depreciated over useful lives term lease.\n US\n Leasehold improvements cost 7,754 5,181\n Accumulated depreciation\n Plant equipment cost 6,472 5,298\n depreciation\n equipment lease\n depreciation\n"
}
{
    "_id": "d1b31d5de",
    "title": "",
    "text": "\n policy. energy use GHG emissions electricity fuel 2018 2019 October 30 Greenhouse Gas Protocol. 8 manufacturing 11 non sites. 5% global Scope 1 2 emissions mandatory GHG reporting.\n Fleet diesel excluded. Transportation operated\n third party Scope 3.\n Carbon emission factors grid electricity marketbased method\n page 19.\n Biogas 17,045\n Natural gas 238,081\n Fuel oils\n Electricity 195,796\n Heat steam 212,482 272,985\n Total energy 408,280 469,950\n Scope 1 emissions 48,178 56,533\n Scope 2 emissions"
}
{
    "_id": "d1b321a58",
    "title": "",
    "text": "Shareholding ten shareholders\n shares traded daily. consolidated number.\n April 1 2018 March 31, 2019\n.\n. Life Insurance Corporation 75,384,947. 152,493,927.\n. SBI Mutual Fund 7,056,720. 21,680,561.\n. Investments Investors 15,054,489. 19,248,438.\n. 6,497,754. 18,028,475.\n. Oppenheimer Developing Markets Fund 7,996,009. 16,731,906.\n. Prudential Life Insurance Company 3,886,141.,139,316.\n. Mutual Fund 4,055,256.,244,614.\n. Abu Dhabi Investment Authority 6,296,384.,036,984.\n. Vanguard Emerging Markets Stock Index Fund 7,595,080.14,112,213.\n. 6,179,273. 13,978,944."
}
{
    "_id": "d1b3675c6",
    "title": "",
    "text": "GitHub results October 25, 2018.\n Includes $2. 6 billion income tax benefit property $157 million charge Tax Cuts Jobs Act increased income earnings $2. 4 billion. 12.\n $13. 7 billion charge TCJA decreased income EPS $13. billion $1. 75.\n new accounting standards 2018.\n LinkedIn results December 8 2016.\n Includes $306 million employee severance expenses marketing restructuring decreased operating income EPS $306 million $243 million.\n $630 million impairment charges $480 million restructuring charges decreased income EPS $1. billion $895 million.\n $7. 5 billion goodwill impairment charges $2. 5 billion integration restructuring expenses decreased EPS $10. billion.\n\n June 30 2019\n Revenue 125,843 110,360 96,571 91\n Gross margin 82,933 72 62 58,374 60\n income 42,959 35,058 29,025\n Net income 39,240 16,571 25,489 20,539 12,193\n earnings share.\n dividends.\n investments 133,819,240\n assets 286,556 258,848 250,312 174,303\n Long-term obligations 114,806 117,642 106,856 66,705 44\n Stockholders’ equity 102,330 82,718 87,711 83,090"
}
{
    "_id": "d1a73fcc6",
    "title": "",
    "text": "table base salary FY19.\n. Kapuria executive officer FY19 received salary increase. increased $390,000 to $440,000 May 8, 2018.\n executive officers increase promotion. CEO NEOs increase. Board determined. Clark salary increase FY19.\n Annual Salary\n Gregory S. Clark 1,000,000\n Nicholas. Noviello 650,000\n Amy. Cappellanti-Wolf 440,000\n Samir\n Scott. Taylor 600,000"
}
{
    "_id": "d1b388d20",
    "title": "",
    "text": "Vesting Equity Awards 2019\n equity awards executives. Restricted units.\n time-vested performance-based equity awards. 2019 Compensation Program.\n closing price Common Shares vesting date.\n Stock Vested 2019\n Shares Acquired Value Realized Vesting(2)\n. Storey 1,063,929 $13,479,617\n. Dev 55,490 749,737\n. Goff 114,167 1,338,934\n. Trezise 71,576 812,600\n. Andrews 16,678 221,859"
}
{
    "_id": "d1b38257e",
    "title": "",
    "text": "FAIR VALUE\n price sell asset transfer liability transaction measurement.\n estimates affected by future cash flows discount rates risk. Income taxes expenses disposition financial instruments not reflected in values. not net amounts settled.\n values cash equivalents trade receivables dividends accruals compensation severance costs interest notes loans approximate fair value short-term.\n table provides fair value details financial instruments amortized cost.\n IFRS 16 January 1, 2019 fair value disclosures required for leases\n FAIR VALUE METHODOLOGY\n CRTC tangible benefits obligation Trade payables future cash flows discounted interest rates\n CRTC deferral account obligation\nsecurities long market price 18,653 20,905,188 19,178\n Finance leases long-term future cash flows interest rates 2,097 2,304"
}
{
    "_id": "d1b36e1dc",
    "title": "",
    "text": ". Creditors due year\n creditors non settled 30 60-day terms. non-interest.\n Directors carrying amount approximates fair value.\n £ million\n Trade creditors 2.\n subsidiaries 90. 84.\n.\n Deferred income.\n Lease liabilities.\n taxes social security costs.\n Government grants.\n 102. 95."
}
{
    "_id": "d1b33931a",
    "title": "",
    "text": "segment\n Note financial statements Item 8 Part II.\n Ended December\n Adjusted EBITDA\n International Global Accounts $2,286 2,341\n Enterprise 3 3,522\n Small Medium Business 1,870\n Wholesale 3,666\n Consumer 5,105\n EBITDA $15,987 16,647 12,560\n Operations Other EBITDA (7\n adjusted EBITDA $8,771 8,602"
}
{
    "_id": "d1b3ba9b0",
    "title": "",
    "text": "Endeavour Drinks BWS Dan F19 Online. Sales increased. $8. 7 billion comparable sales 2. 3%. market subdued declining volumes price mix improvements. H2. 8%. 0%. 7% H1. New Year’s Day boosted sales Q3 stable weather. Dan convenience.\n BWS Woolworths Rewards. network 1,346 stores 30 new Renewal. On Demand delivery stores double‐digit sales growth. Jimmy Brings Brisbane Gold Coast Canberra Sydney Melbourne.\n Dan Murphy’s double‐digit On Demand delivery 91 stores 30‐minute Pick up. wine merchants loyalty program 15%. store network 230 three new openings Q4 solar.\n Endeavour Drinks sales metre increased 3. 2%. 7%.\n Gross margin 22.14 bps trading margin freight costs petrol online delivery category mix.\n CODB grew 64 bps $21 million impairment Summergate. ExportCo. CODB sales increased 40 bps above‐inflationary cost pressures targeted investment customer experience ranging data analytics.\n Endeavour Drinks EBIT F19 decreased. 2% $474 million. Summergate impairment $21 million decreased. 6%. ROFE declined 148 bps EBIT.\n management New Zealand Wine Cellars transferred Endeavour Drinks New Zealand Food. prior period re‐presented current.\n Sales 8,657.\n EBITDA.\n Depreciation amortisation.\n EBIT 474.\n Gross margin 22.\n Cost business 17.\n EBIT sales.\nSales square metre 18,675. 2%. 4%\n Funds 3,185 3,214.\n. (215)"
}
{
    "_id": "d1b381124",
    "title": "",
    "text": "financial statements Group income statement\n group retirement benefit arrangements.\n removal future indexation obligations pension plans 2017/18. employees impacted closure BTPS receive transition payments BTRSS. no past service cost credit closure service benefit link.\n High Court judgment Lloyds Banking defined benefit pension schemes liability equalise benefits GMPs.\n 2019 2018 2017\n Year 31 March £m\n Service cost administration expenses PPF levy\n defined benefit plans 135 376\n Past service credit\n 611 624 521\n Costs close BT Pension Scheme transition employees\n Cost equalise benefits guaranteed minimum pension\n Net interest expense pensions deficit 139 218 209\n 799 842 730"
}
{
    "_id": "d1b3121fc",
    "title": "",
    "text": "\n information impairment refer note 8.\n capitalized dry-docking costs USD 60. 7m 67. 5m 2017: 68. 1m.\n sale leaseback transactions 2019 financing arrangements assets control Group.\n Vessels capitalized dry-docking\n 1 January 1,886. 1,726. 1,697.\n 81. 162. 103.\n. -30\n prepayments 252. 81.\n -130. -54. -59.\n 31 December 2,064. 1,886. 1,726.\n Depreciation\n January 327. 264. 180.\n.\n 106. 113.\n Transferred assets.\n 31 December 360. 327. 264.\n 1 January 162. 167. 173.\n losses fixed assets 6. 3.\n Reversal -120.\n Transferred assets.\n 31 December 28. 8 162. 167.\n 1,674. 1,396. 6 1,294."
}
{
    "_id": "d1b377e58",
    "title": "",
    "text": "income taxes Federal rate\n effective income tax rate 18. 9% (141. 8)% 2019 2018. decrease 2019 21% due deferred tax adjustments foreign tax credit state taxes valuation allowance excess tax benefits non stock options.\n tax rate impacted increase valuation allowance deferred tax assets.\n Federal statutory tax rate 21. 0%\n State taxes.\n Non deductible expenses.\n.\n Expired tax credit.\n Deferred tax adjustment.\n Stock based compensation.\n Valuation allowance.\n purchase revaluation.\n.\n 18."
}
{
    "_id": "d1b32b31e",
    "title": "",
    "text": ". Property Plant Equipment\n June 30 2019\n $35. $34.\n Buildings equipment 512. 500.\n 2,183. 2,129.\n Construction 150.\n 2,882. 2,747.\n depreciation amortization 1,516. 1,434.\n $1,366. $1,313."
}
{
    "_id": "d1b398a04",
    "title": "",
    "text": ". Earnings Per Common Share\n based weighted-average. Diluted EPS reflects potential dilution issuance compensation conversion preferred stock.\n table diluted EPS\n acquisition Hawaiian Telcom 2018 issued 7. million Common Shares. granted. 1 million restricted stock units Telcom employees 2010 Equity Incentive Plan\n December 2019 2018 net loss stock equivalents excluded EPS. 2017 compensation plans. 2 million excluded. preferred stock convertible. 9 million shares excluded anti-dilutive.\n Year Ended December\n Net (loss) income $(66. 6) $(69. 8) $40.\n Preferred stock dividends.\n Net (loss) income basic diluted $(77. $(80. $29.\n Weighted-average common shares.46. 42.\n Stock compensation arrangements.\n shares.\n diluted earnings common share$1. 53)$1. 73."
}
{
    "_id": "d1b39d270",
    "title": "",
    "text": ". Segment Geographic Customer Information\n operate industry design manufacturing marketing high-performance storage data management solutions. business globally sales support managed geographic. management reviews financial information disaggregated information allocating resources evaluating financial performance. allocate research development sales marketing administrative expenses regions.\n Summarized revenues geographic region\n Americas revenues commercial U. public sector markets. Sales. $3,116 million $2,878 million $2,721 million 2019 2018 2017.\n United States Canada Latin America $ 3,425 $ 3,207 3,021\n Europe Middle East Africa 1,847 1,741\n Asia Pacific 874\n Net revenues $ 6,146"
}
{
    "_id": "d1b34c4ba",
    "title": "",
    "text": "Comprehensive Income\n loss June 30 2019 activity\n after-tax gain.\n revenue $9. 6 million gain cost goods $5. 0 million loss expenses $1. 7 million loss other income expense $0. 1 million loss.\n Tax June 30 2019 24 2018 25 2017.\n Foreign Currency Translation Adjustment Gains Losses Cash Flow Hedges Gain Loss Investments Components Benefit Plans Total\n Balance June 24, 2018 $(32,722) $(4,042),190,495 $(57,449)\n income reclassifications (9,470) 2,860,153\n Losses reclassified income 2,822 (2,749\n Effects ASU 2018-02 adoption\n(6,648) (288) 3,336,981\n June 30(39,370,330 $2,146,476,030"
}
{
    "_id": "d1b334e28",
    "title": "",
    "text": "\n granted Directors executives employees 2016 2011 Plans service-based. table activity March 2019\n weighted-average grant date value closing price. 2019 197,917 47,146 withheld issued treasury. withheld returned treasury.\n Value\n April 1, 2018 243,354 $10.\n Granted 265,452.\n Vested (197,917).\n Forfeited (73,743).\n March 31, 2019 237,146 $13."
}
{
    "_id": "d1b36ee3e",
    "title": "",
    "text": "Share Compensation Expense\n compensation plans stock options RSUs employees directors Note 11.\n compensation cost fair value equity instrument. Black-Scholes option-pricing model. subjective assumptions volatility. accounting compensation RSUs closing market price common stock.\n total compensation expense non cash instruments\n December 31,\n Research development expense\n Stock option awards $8 $38\n RSU awards\n $65\n General administrative expense\n Stock option\n RSU awards\n $165\n Total share-based compensation expense $230"
}
{
    "_id": "d1b3a6596",
    "title": "",
    "text": "2019 vs 2018\n SMB net revenue flat December 31, decline\n network storage products offset growth switch products. revenue grew APAC declined Americas EMEA.\n Contribution income decreased lower gross margin offset lower operating expenses. decreased foreign exchange headwinds strengthening U. S. dollar higher provisions sales returns.\n 2018 vs 2017\n SMB net revenue increased due growth switches offset decrease network storage. growth regions. benefited lower provisions sales returns.\n Contribution income increased increasing net revenue improved gross margin performance operating expense.\n Net revenue $287,372. 6. 2% $270,908\n Percentage net revenue 28. 8%.\n Contribution income $67,282. $70.,865\n Contribution margin 23. 4%."
}
{
    "_id": "d1b343752",
    "title": "",
    "text": "expenses\n Contract liabilities revenue. Accounting Standards 2 Contract Liabilities 6.\n payroll taxes $3,985\n federal state local taxes 2,635\n bonus 20,206\n Self-insurance reserves 2,238\n Employee stock plan contributions\n sales commissions 5,397\n partner commissions 7,043\n liabilities 5,197\n acquisitions 2,763\n $62,104 $42"
}
{
    "_id": "d1b3ab596",
    "title": "",
    "text": ".\n Siemens AG German Commercial Code\n 2018 mobility business Siemens Mobility GmbH. decreases revenue cost sales gross profit research expenses carve-out.\n 75 % revenue Europe. Africa Middle East 18 % Asia Australia 7 % Americas. Exports Germany 62 % revenue. 2019 orders Siemens € 21. 6 billion. revenue contracts large orders.\n R & D intensity increased. 8 points year-over-year. research development activities. employed R & D 2019.\n decrease Financial income lower income investments. profit transfer agreement Siemens Beteiligungen Inland\n.\n Revenue 22,104\n Cost Sales (15,825) 25\n Gross profit 6,279\n Research development expenses (2,362) 15\n administrative expenses (3,979)\n9,469\n Financial investments 3,754,381\n business 12,596 5 142 %\n taxes (1,377\n 11,219 147 %\n Profit 170 27 %\n earnings (6,005)\n Unappropriated income 5,384 3,230 67"
}
{
    "_id": "d1b2eb41c",
    "title": "",
    "text": "Changes Accumulated Income\n table summarizes changes equity years 2019 2018:\n Expressed US $000's amounts\n 2019 2018\n (12,216) 3,435\n reclassifications 12,865 (19,821)\n Loss cash hedges\n Cost revenues\n Sales marketing 1,538\n Research development 2,620\n General administrative\n Tax effect gain cash flow hedges (4,784\n income net tax 13,262 (15,651)\n 1,046,216)"
}
{
    "_id": "d1b3b3ffc",
    "title": "",
    "text": "FINANCIAL STATEMENTS share data\n NOTE 18 Income Taxes\n long-term deferred tax assets liabilities\n weigh positive evidence Company deferred tax assets. December 31, 2019 2018 deferred tax assets. non. income tax loss carryforwards $4,724 $4,647. tax credits $15,964 $16,909. assets expire 2021 2039.\n deferred tax assets periods. valuation allowances $8,011 $8,274 deferred tax assets December 31, 2019 2018. allowances. carry-forwards. tax credits.\n No valuation allowance. federal foreign tax credit carryforwards $5,785 2023 2029 research development tax credits $7,495 2039. assessed realization future taxable income projections. believes-likely benefits credit carryforwards.\n\n tax assets $19,795 $22,201\n liabilities(5,637)\n $14,158 $18,211"
}
{
    "_id": "d1b37640e",
    "title": "",
    "text": "Deferred income taxes differences liabilities financial statements.\n December 31, 2019 state foreign losses $12. 2 million $7. 9 million. expire 2027 2038. full partial.\n Goodwill intangibles $136,882 $114,532\n Lease arrangements\n Property equipment 13,270\n Unbilled receivables 5,878\n deferred tax liabilities 187,158\n Lease obligations\n Retirement liabilities (18,614)\n contract losses reserves\n Foreign loss carryforwards (2,239)\n deferred tax assets (55,376)\n deferred tax liabilities $131,782 $108,956"
}
{
    "_id": "d1b327fa2",
    "title": "",
    "text": "stock options 2017 $2. 00 per share. no options 2019 2018. total $2. 8 million $10. 1 million $20. 2 million. 2019 unrecognized compensation expense stock options $0. 3 million. 2 years. RSUs $94. 2 million 1. 9 years. zero unrecognized compensation expense unvested warrants.\n Stock-based compensation measured grant date value recognized requisite service period. accounts forfeitures. fair value RSUs without market conditions Class A common stock. market conditions estimated Monte Carlo simulation model. stock options warrants equity awards Black-Scholes option-pricing model assumptions. subjective judgment.\n Fair Value Common established board directors. market closing price Class A common stock New York Stock Exchange.\n data.stock options Company used method expected term equal vesting period contractual term. term 2015 ESPP based contractual term.\n Company estimates common stock options grant date. estimated 2015 average historical volatility comparable companies. limited information Class A common short trading history. 2018 used historical volatility companies.\n Risk-Free estimated U. S. Treasury zero-coupon notes expected term.\n Dividend plan. used expected dividend yield zero.\n assumptions fair value represent management judgment. compensation expense could. fair value stock option awards warrants 2015 ESPP awards employees estimated Black-Scholes option-pricing model. RSUs with market conditions estimated Black-Scholes option-pricing model Monte Carlo simulation model. Black-Scholes assumptions\n Year Ended December 31,\n\n revenue $6,403 $7,312\n Research 44,855 57,188 54,123\n Sales marketing\n 14,896 17,783\n $77,739 $97,009 $91,581"
}
{
    "_id": "d1b313192",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS\n. SUPPLEMENTAL QUARTERLY FINANCIAL DATA\n quarterly results eight quarters December 2019 2018. adjustments included. volatility results indicative.\n Quarter Ended\n December September June March\n Sales $154,161 $173,082 $196,032\n Gross Profit $ 75,188 $ 85,539\n Restructuring Expense $ 3,836\n Operating income $ 19,570 39,862 56\n Income operations taxes $ 19,222 $ 35,157\n Loss discontinued operations $ 188\n Net Income $19,410 $34,786 $46,405\n operations noncontrolling interest\n income Advanced Energy Industries. $ 19,406 $34,779 $46,361\nEarnings Share\n Operations\n Basic earnings. 50. 90 $1. 18 $1. 17\n Diluted earnings. 50. 90 $1. 17. 16\n Discontinued Operations\n loss.\n loss.\n Net Income\n earnings. 51. 89. 18. 17\n earnings. 50. 89 $1. 17."
}
{
    "_id": "d1b3b2e40",
    "title": "",
    "text": "Loan TORM defines Vessel values borrowings.\n debt financial liquidity risk future possibilities capital.\n Vessel values newbuildings 1,801. 1,675. 1,661.\n 1,801.\n Borrowings 863. 754. 753.\n debt Land buildings equipment -8.\n Committed CAPEX newbuildings 51. 258. 306.\n Loans receivables.\n Cash equivalents -72. -127. -134.\n. 885. 926.\n Loan-to-value ratio 46. 52. 55."
}
{
    "_id": "d1b3315de",
    "title": "",
    "text": "fair value assets U. K. pension plan asset category\n expected long-term rates return assets equal yields maturity government corporate bonds premium government bond return equities. return cash Bank of England base rate date.\n Level 1 investments mutual funds quoted market price active market. hold stocks bonds.\n Fair value\n September 30, 2019 September 30, 2018\n Fair Value Measurements\n Asset category Level 1 2 3\n Cash on deposit $279\n Pooled funds 7,959 8,234\n Total plan assets $8,238"
}
{
    "_id": "d1b31d46c",
    "title": "",
    "text": "table Consolidated Statement Operations items revenues\n. increased $13. 5 million. 6% 2019 2018. Products revenue increased $5. 3 million. third-party hardware on premise software sales.\n Support maintenance subscription services revenue increased $6. 4 million. 3% software revenue. 5%\n Subscription revenue. 7% revenues. 2018. Professional services revenue increased $1. 8 million 7. 1% growth customer base responses.\n. increased $9. 5 million. 7% 2019 margin. 5%. profit decreased. 1 million margin decreased. 4% technology amortization.\n Support maintenance subscription services profit increased $7. 2 million margin increased. Professional services profit increased $2. 4 million margin increased. increased revenue lower costs restructuring.\n Operating increased $10. 5 million. 7% 2019. increased 2. 3% 2019.\n. research development.Product development increased $9. million. 4% 2019 cost capitalization. products rGuest platform availability second quarter.\n agile development practices higher frequency. capitalized $2. million external $0. 3 million internal full balance capitalized Q1 2019.\n $8. 9 million. $40. 1 million $38. 4 million 2018. million increase due expansion R&D increased compensation expense.\n Sales marketing. increased $1. million. 7%. $1. 6 million incentive compensation sales.\n. decreased. 9 million. 8%. reduced costs legal accounting services.\n Depreciation. decreased. million 5%.\n Amortization intangibles. increased. 7 million. 6% products June 30 2018.\n Restructuring severance charges. decreased $1. million non-recurring restructuring increased $1. 2 million $0. 6 million.restructuring actions Note 4.\n Legal settlements. employment business-related.\n Year March\n Net revenue\n 27. 26.\n maintenance subscription services 53. 54\n services 18.\n revenue 100.\n Cost goods\n technology amortization 22.\n Support maintenance subscription services 11.\n services.\n cost 47. 49.\n profit 52.\n Operating expenses\n Product development 26. 21\n Sales marketing.\n 16.\n Depreciation fixed assets.\n Amortization intangibles.\n Restructuring charges.\n Legal settlements.\n Operating loss."
}
{
    "_id": "d1b38f3c8",
    "title": "",
    "text": "Foreign Currency Exchange Rate Risk\n utilize cross-currency swap forward contracts cash flow hedges. objective minimize impacts cash flows profitability exchange rates transactions. income) instruments reclassified Consolidated Statement of Operations twelve months.\n 2015, entered cross-currency swap contracts €1,000 million reduce exchange rate risk. interest payments euros 3. 50% per annum receive interest U. S. dollars 5. 33% per annum. maturity contracts 2022 pay value euros receive. dollars counterparties. counterparties provide cash collateral.\n end 2019 contracts position $19 million recorded other assets Balance Sheet. liability $100 million recorded liabilities 2018. collateral approximated positions recorded in accrued current liabilities prepaid expenses assets. impacts contracts\nGains losses excluded hedging relationship recognized selling administrative expenses offset by re-measuring intercompany loans U. S. dollar.\n 2019 2018 2017\n millions\n Gains income $\n excluded hedging relationship"
}
{
    "_id": "d1b3c8146",
    "title": "",
    "text": "Professional Service Other\n revenues from consulting implementation training integration services. hardware to. after new software licenses. vary partner network.\n Cost integration configuration training software. personnel-related expenses travel third party subcontracting.\n decreased by $31. 3 million 9. 9% June 30, 2019 down 7. 4% $8. 1 million foreign exchange rate changes. Americas $19. 0 million EMEA $9. 0 million Asia Pacific $3. 3 million.\n decreased by $28. 8 million June 2019 decrease labour-related costs $29. 0 million increase other miscellaneous costs $0. 2 million.\n gross margin percentage on increased to 21% from 20%. optimizing margins service engagements.\n under Topic 605 not different from Topic 606.\n June 30\n2019 2018\n Professional Service Revenues\n Americas $132,426,045) $151,471 $39,872 $111,599\n EMEA 122,861 131,843 102,242\n Asia Pacific 29,649 32,943 11,468 21,475\n Professional Service Revenues 284,936,321 316,257 80,941 235,316\n Service 224,635 (28,754 253,389 58,435 194,954\n Service Profit $60,301(2,567) $62,868 $22,506 $40,362\n.\n Americas.\n EMEA.\n Asia Pacific."
}
{
    "_id": "d1b347744",
    "title": "",
    "text": "\n segments components enterprise revenues expenses separate financial information results reviewed chief\n.\n Company revenue electronics design production product management services. performance allocates resources. segments EMS DMS reportable. organized economic profiles manufacturing capabilities market strategy margins return capital risk profiles.\n EMS IT design engineering electronics large manufacturing infrastructure markets. high volume. larger quantities customers automotive transportation capital equipment cloud computing storage defense aerospace industrial energy networking telecommunications print retail smart home appliances.\n DMS engineering solutions material sciences technologies healthcare. customers devices accessories healthcare mobility packaging industries.\n Net revenue attributed. performance evaluated pre-tax contribution income. net revenue cost selling expenses research development expenses.income amortization stock compensation restructuring acquisition loss disposal settlement impairment goodwill business interruption discontinued sale interest tax noncontrolling interests.\n segment assets accounts receivable inventories customer property plant equipment intangible assets amortization goodwill. non assets reviewed. Transactions recorded.\n tables segment information\n 2019\n Total assets\n $4,353,465 $3,456,866\n 4,988,198 5,378,436\n non-allocated assets 3,628,812\n $12,970,475 $12,045,641"
}
{
    "_id": "d1b35284c",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n Income Taxes\n Earnings\n Ended December 31,\n. $15,103 $30,815\n Non. 35,163 27,288 30\n $50,266 $58,103 $40,253"
}
{
    "_id": "d1b2e585a",
    "title": "",
    "text": ". Debt Interest Rate Swap\n Company long-term debt\n May 12, 2017 Company entered credit agreement lenders collateral agent acquisition Exar. initial secured term B loan facility $425. 0 million. incremental loans not exceed $160. 0 million adjustments unlimited amount compliance leverage tests. loans subject additional conditions commitments lenders.\n Loans bear interest equal federal funds rate. 50% prime rate adjusted LIBOR rate. 0% LIBOR rate 0. 75% margin 2. 50% LIBOR 1. 50% base. September 30, 2017 Initial Term Loan quarterly installments 0. 25% original principal balance payable maturity date. seven years May 12, 2024 outstanding principal interest repaid. required fees credit facility.\nCompany required mandatory prepayments outstanding loans net cash disposition assets insurance proceeds excess cash flow incurrence indebtedness. prepay loans without premium penalty subject limitations 1. 0% soft call premium first six months. payments principal $213. 0 million December 31, 2019.\n obligations guaranteed domestic subsidiaries. secured assets subsidiary guarantors agreement.\n agreement contains events default payment covenant control judgment bankruptcy insolvency. lenders require immediate payment rights remedies.\n December 31, 2019 2018 average interest rate long-term debt. 9% 4. 6%.\n debt carried principal amount net unamortized debt discount issuance costs not adjusted fair value. issuance date fair value liability component $398.million determined discounted cash flow analysis projected interest principal payments discounted issuance date market rate 4. 6% Level 2 fair value. debt discount $2. million issuance costs $6. million amortized interest expense issuance May 12 2024.\n 2017 recognized amortization discount. 2 million issuance costs. 6 million interest expense.\n approximate fair value loan December 31, 2019 2018 $214. 6 million $268. 1 million estimated\n Level 2.\n remaining balance $212. million $262. million.\n due May 12 2024 maturity.\n Unamortized debt discount\n issuance costs\n long-term debt 255\n"
}
{
    "_id": "d1b3a8756",
    "title": "",
    "text": "\n $75. 0 million $83. 2 million $8. 2 million 9. 9% working capital $65. 1 million trade receivables $88. 5 million payables $23. 4 million lower operating profit.\n investing $157. 7 million $185. 4 million $27. 7 million 14. restricted deposits $53. 5 million intangible film rights $107. 7 million $186. 8 million $79. 1 million 42. 3%.\n financing $84. 1 million $77. 4 million increase $6. 7 million 8. 7% share capital short borrowings.\n March $83. 2 million $99. 0 million $15. 8 million 15. working capital $24. 3 million trade receivables $19. 1 million payables $5. 4 million. decreased interest income tax 2. 4 million $2. 9 million. offset deconsolidation subsidiary.\n2018 $185. 4 million $175. 2 million 2017 $10. 2 million. 8% films. $186. 8 million $173. million 2017 $13. 3 million. 7%.\n financing $77. 4 million $5. 9 million $71. 5 million. 7% share capital $16. 6 million sale subsidiary $40. 2 million application 18. million.\n 2019 invested $264. 3 million outflow $107. 7 million film 2020 $150 $160 million.\n $74,966 $83,243\n investing $(157,733),420,191)\n financing $84,117 $77,415"
}
{
    "_id": "d1b36f99c",
    "title": "",
    "text": "table summarizes contractual obligations cash outlays 2020 future\n long-term debt finance lease obligations $1. 7 million. capitalized fees $22. 2 million discounting $6. 1 million debt discounts $2. 3 million.\n Includes interest payments senior notes Amended Credit Facility. interest payments calculated LIBOR December 31, 2019 non-US Dollar balances converted exchange rates 2019.\n Obligations defined benefit pension plans post benefit plans excluded retirement performance economic actuarial assumptions. Note 17, Sharing Retirement Savings Plans 18 Financial.\n Short-term Borrowings-Term Debt\n.\n obligations estimated future rental commitments non-cancelable property leases December 31, 2019.\n Obligations\n agreements purchase goods services.obligations enforceable binding specify terms quantities price provisions timing. amounts minimum. purchase additional goods services above use additional cash.\n Payments Due Years\n millions 2021-2022 2023-2024\n Obligations\n Short-term borrowings $ 98.\n long-term 18.\n 3,729. 938. 1,499. 1,290.\n Total debt $ 3,846. 117. 938. 1,499. 1,290.\n Interest payments long-term 1,057. 180. 342. 204. 329.\n Operating leases 105. 30.\n First quarter 2020 quarterly cash dividend 24.\n contractual obligations 86. 35. 31. 19.\n cash $ 5,120. 388. 1,353. 1,742. 1,636."
}
{
    "_id": "d1b373862",
    "title": "",
    "text": "Income Taxes\n December 31, 2019 deferred tax assets equity investments compensation deferred revenues interest rate swaps employee benefits compensation. liabilities depreciation amortization intangible assets property equipment deferred contract costs.\n Deferred assets\n Equity investments.\n Equity-based compensation.\n Deferred revenues.\n Interest rate swaps.\n.\n deferred tax assets 63.\n liabilities\n Goodwill intangibles.\n contract costs.\n Property equipment software.\n.\n deferred tax liabilities.\n Net deferred tax liability(185.(220"
}
{
    "_id": "d1b3667ac",
    "title": "",
    "text": "GreenSky, Inc. FINANCIAL STATEMENTS States Dollars share data\n Finance charge reversal liability\n Bank Partners offer loan products period repay without finance charge. bill interest obligated pay interest repays. billing interest triggers future finance charge reversal liability. FCR derivative. not hedge changes value recorded cost revenue Consolidated Statements Operations.\n liability Balance Sheets estimated historical experience expectation future FCR. Level 3 fair value hierarchy unobservable inputs data adjusted assumptions. table reconciles fair value measurements FCR liability.\n Includes incentive payments Bank Partners surplus finance charges fixed servicing fee net credit losses cash recoveries charged-off loans proceeds transferring rights Charged-Off Receivables.incentive payments Bank Partners deferred.\n reversal charges.\n fair value adjustment reversal estimated. recognized Consolidated Statements Operations.\n Ended December 31,\n Beginning balance $138,589 $94,148 $68,064\n 159,527 129,153 109,818\n Settlements(2) (262,449 (181,590) (127,029)\n Fair value changes cost 170,368 96,878 43,295\n Ending balance $206,035 $138,589 $94,148"
}
{
    "_id": "d1b339c52",
    "title": "",
    "text": "Taxation\n unrecognised deferred tax assets differences uncertainty profits non-REIT\n no deferred tax.\n Revenue losses 398. 300.\n Capital losses 34.\n financial instruments 172. 184.\n temporary differences 20.\n unrecognised differences 625. 529."
}
{
    "_id": "d1b362b70",
    "title": "",
    "text": "\n table cash dividends December 31\n Board Directors declared quarterly dividend $0. 16 per share payable March 20 2020 stockholders March 6,. estimated $24. 8 million 154. 7 million shares common stock February 21, 2020.\n dividend payments recorded cash equivalents retained earnings Consolidated Balance Sheets. senior notes declare dividends. future dividends. consider financial. no guarantee declare dividends.\n Total Cash Dividends Paid Share\n 2017 $119.\n 2018.\n 2019.\n $321."
}
{
    "_id": "d1b37336c",
    "title": "",
    "text": "Operations Ended December 31, 2018 2017 thousands percentages share\n Capital Resources\n Long-term debt\n February 12, 2019 five-year Credit Agreement banks extend. revolving credit $300,000 $150,000. replaces prior $300,000 expired August 10, 2020. Borrowings $50,000 refinanced. terminated February 12, 2019.\n Revolving Credit Facility includes swing line $15,000 letter credit $10,000. Borrowings interest base rate. quarterly commitment fee. ranges. 20% to. 30% leverage ratio.\n interest rate swap agreements $50,000 long-term debt February 2024. interest expense.\n funded capital operating cash credit Revolving Credit Facility. working capital expenditures debt service twelve months. additional equity debt financing acquisitions.\n December\n Total credit facility $300,000\n$99,700 $50,000\n $1 $1,940\n $198,500 $248,060\n interest.\n Commitment fee."
}
{
    "_id": "d1b325342",
    "title": "",
    "text": "WORLDWIDE. INCOME\n notes financial statements.\n Ended December 31,\n Net income $67,062 $68,921 $5,135\n income\n Foreign currency adjustments 1,034,261 16,744\n Comprehensive income $68,096 $53,660 $21,879"
}
{
    "_id": "d1b3b4394",
    "title": "",
    "text": "Taiwan Financial Supervisory Commission UMC special reserve debit elements equity unrealized loss financial instruments exchange differences foreign operations year-end. reserve prohibited distribution. reversed reserve earnings distribution deficits.\n 2018 approved stockholders’ meeting June 12 2019 2019 Board April 27, 2020. details\n Appropriation earnings Cash dividend per share\n Legal reserve $707,299 $963,947\n Special reserve 14,513,940 (3\n Cash dividends,105 9,765,155."
}
{
    "_id": "d1b36177a",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n consolidated financial statements\n December 31, 2017 2018 2019\n. Dollars\n. Non-Current Assets\n Cash collaterals swaps interest rate swaps difference value threshold.\n December 31,\n long-term assets\n Cash collaterals swaps\n 24,221"
}
{
    "_id": "d1b37f78e",
    "title": "",
    "text": "tax effects differences deferred tax assets liabilities\n December 31, 2019 2018 federal operating loss carryforwards $7,161,000 $6,617,000.\n losses expire 2024. ownership change IRC Section 382.\n annual limitation NOL carryforwards\n expiration NOL before utilization. state local net operating loss carryforwards\n $7,153,000 $6,609,000 future state tax liabilities 2035.\n Canadian NOL $1,111,000 $1,070,000. losses expire\n 2026. unclaimed Canadian federal research investment tax credits\n reduce future federal taxes $0.\n Canadian $1,111,000 $1,070,000. losses expire 2026. unclaimed investment tax credits reduce future federal taxes $0. expire 2026. unclaimed tax credits reduce future federal taxes $0. Canadian NOL $1,111,000 $1,070,000.Canadian losses expire 2026. 2019 unclaimed tax credits future taxes $0.\n net deferred tax asset reserved. valuation allowance\n $661,000 $457,000\n Foreign earnings reinvested. Federal taxes undistributed earnings foreign subsidiary.\n recognizes interest penalties uncertain tax positions.\n uncertain tax positions reserve.\n. federal state income tax returns. audit December 31, 2014.\n. operating loss 2,894,000 2,627,000\n Stock compensation 784,000\n income tax losses 29,000\n scientific investment tax credits\n Valuation allowance\n Net deferred tax assets"
}
{
    "_id": "d1a729b42",
    "title": "",
    "text": "fourth quarter 2019 income $392 million $302 $418 million. diluted earnings per share $0. 43.\n income parent company\n Three Months Ended\n December 31, 2019 31, 2018\n income $392 $302 $418\n percentage net revenues. 2%. 8%."
}
{
    "_id": "d1b3b6b30",
    "title": "",
    "text": "financial result taxes\n Adjustment previous year.\n interest €−119 million €−136 €1 million €−2 million. improved favourable refinancing.\n 2018/2019\n Earnings interest taxes EBIT 713 828\n non-operating companies\n Interest income −136 −119\n −137 −119\n before taxes EBT 576 709\n −216 −298\n Profit loss operations 359 411\n discontinued operations taxes −526\n"
}
{
    "_id": "d1a71f084",
    "title": "",
    "text": "deferred tax assets\n valuation allowance deferred tax assets future income. cumulative loss 31, 2019. limits future growth. December 31, 2019 2018 valuation allowance $24. 6 million $25. 1 million recorded.\n federal state net operating loss carryforwards $165. million $134. 3 million. $57. 9 million generated before January 1 2018 20-year carryforward period. $107. 1 million 80% taxable income limitation. carryforwards expire through 2037. Section 382 study ownership change December 31, 2017 pre losses utilization limitation. future before.\n December 31, foreign net operating loss carry-forwards future taxable income $25. 6 million $25. 5 million. valuation allowances $24. 6 million $25.million recorded deferred tax assets income.\n December 31\n Deferred tax assets\n Lease liability $4,295 $278\n AMT credit\n Accrued expenses 2,837\n Deferred revenue\n loss carryforward 50,950 34\n assets,967\n Intangible assets 2,416\n allowance\n deferred tax assets 42,837\n Deferred commissions (4\n revenue\n Intangible assets\n Property equipment\n Debt discount\n Right-of-use\n Deferred state taxes\n deferred tax liabilities (44,839)\n non-current deferred income"
}
{
    "_id": "d1b38d7c6",
    "title": "",
    "text": ". Registrant’s Common Equity Stockholder Matters Issuer Purchases Securities\n common stock NASDAQ. January 31, 2020 holders 126.\n graph compares stockholder return common stock Russell 2000 Index Standard Industrial Code Index Data Preparation Processing Services five-year period. $100 invested December 31, 2014, common stock dividends reinvested.\n December\n CSG Systems International. $100. $146. $200. $185. $137. $227.\n Russell 2000 Index.\n Data Preparation Processing."
}
{
    "_id": "d1b38a148",
    "title": "",
    "text": "Sales Category\n Access Aggregation Subscriber Solutions Experience Traditional Other Products.\n revenue 2019 2018\n Subscriber Solutions & Experience Customer Devices. SmartRG.\n Network Solutions Services Support\n Access Aggregation $289,980 $58,894 $348,874\n Subscriber Solutions Experience 144,651 8,269 152,920\n Traditional Other Products 20,595 7,672 28,267\n $455,226 $74,835 $530,061"
}
{
    "_id": "d1b354c00",
    "title": "",
    "text": "Statements Income\n Fiscal years 2018 2017 adjusted ASC 606.\n 2018 ASC 606.\n statements.\n Years\n Net income $206,587 $254,127 $47,157\n income tax\n Foreign currency gains (24,065) 35,271 (15,284)\n pension plans\n post-retirement plan adjustments\n Equity interest income 5,584\n Foreign exchange contracts\n fair value hedges\n income (27,926) 39,014 (10,387\n income $178,661 $293,141 $36,770"
}
{
    "_id": "d1b370a72",
    "title": "",
    "text": "Compensation\n 2019 non-management director 15,000 RSUs. vested 3,750 RSUs March June September December 15. non-management directors cash fees $40,000 per annum ($10,000 per quarter. cash compensation Board committees Audit Committee Chairperson $7,500 members $5,000 Compensation Committee Nominating Corporate Governance Committee $3,750 $2,500.\n June 2013 issued Niv Harizman five-year stock option shares stock $1. 88 per share vested 100,000. June 17, 2018. Harizman 181,936 shares 118,064 shares.\n compensation board directors December 31, 2019. No Named Executive Officer compensation 2019.\n fees $10,000 per quarter ($40,000 annum additional fees Board committees.\namounts stock awards FASB ASC Topic 718. Note B[11]. 15,000 RSUs non-management director March 15 2019. right share common stock.\n December 31, 2019 directors options 35,000 shares common stock $2. 34 per share.\n dividends RSUs 2019.\n Fees Stock Awards compensation Total\n Emanuel Pearlman $ 50,000 39,000 89,750\n Niv Harizman $ 46,250\n Alison Hoffman $ 48,890 39,000 88,640"
}
{
    "_id": "d1a7118d0",
    "title": "",
    "text": "Sales Marketing Administrative Expenses\n summarized table millions\n R&D Expenses increased headcount acquisition costs contracted services discretionary spending.\n R&D products. purchase license technology partner acquire.\n Sales Marketing Expenses headcount discretionary spending contracted services acquisition costs offset lower share-based compensation expense.\n G&A Expenses decreased $400 million settlement Arista Networks lower contracted services offset discretionary spending headcount expenses.\n Foreign Currency foreign currency fluctuations decreased R&D sales marketing G&A expenses $233 million 1. 3% compared 2018. increased R&D expenses $93 million 0. 5% compared 2017.\n Variance Dollars Percent\n Research development $ 6,577\n Percentage revenue.12. 8%. 6%\n marketing 9,571 9,242,184\n 18. 4%. 7%. 1%\n 1,827 2,144 1,993\n. 5%. 2%\n $17,975 $17,718,236 $257\n. 6%."
}
{
    "_id": "d1a733a98",
    "title": "",
    "text": "Revenue\n 2019 segment market sector\n Healthcare Sciences $488,851 $602,922 $128,225 $1,219,998\n Industrial,381 534,971\n Aerospace 317,558 186,486\n Communications 256,523 113,329\n External revenue 1,422,313 1,437,708 3,164,434\n Inter-segment sales,995 119,497\n Segment $1,429,308 $1,557,205 $3,296,446"
}
{
    "_id": "d1b3b0d3e",
    "title": "",
    "text": ".\n Group operates defined benefit contribution pension plans. largest scheme UK. accounting judgements estimation uncertainty” note 1 financial statements.\n defined benefit retirement plans difference fair assets liabilities financial position. liabilities assessed projected unit funding principal actuarial assumptions reporting. Assets valued market value.\n Actuarial gains losses income. effects adjustments. return on assets interest income costs management.\n net surplus deficit recognised income statement current cost settlements. interest cost expected income charged statement. included operating costs results equity operations\n contributions to pension plans charged income.\n 31 March 2019 Group operated pension plans employees varying rights obligations. plans provided defined benefit contribution arrangements. benefits pensionable service final salary. funds converted into benefits retirement\nGroup operates benefit schemes Germany Ghana India Ireland Italy UK United States Greece Turkey. pension schemes Egypt Germany Greece India Ireland Italy New Zealand Portugal South Africa Spain UK.\n competitive pension market median. Defined Contribution arrangements State provision.\n main Vodafone UK Group Pension Scheme. 2014 Vodafone Cable & Wireless Section. closed new entrants future accrual. operates smaller plans UK Germany Ireland. exposes risks longevity return inflation.\n schemes administered trustee boards separate. boards act set investment strategy contribution rates subject statutory funding objectives.\n UK plan registered occupational pension plan Revenue Customs subject UK legislation Pensions Regulator. valuations three years. Separate valuations Vodafone CWW Section.\ntrustees valuations funding objective recovery plan. 19 October 2017 31 March 2016 triennial valuation Vodafone CWW Section concluded.\n Income statement expense\n 2019 2018 2017\n contribution schemes 166 178 192\n benefit schemes 57 44\n charged income statement 223"
}
{
    "_id": "d1b3550b0",
    "title": "",
    "text": "3. 5 Leases\n Recognition measurement classification\n Group applied AASB 16 retrospective approach. impact changes disclosed in Note 1.\n contract Group assesses contract lease. contract if conveys right control use identified asset consideration.\n contract involves use identified asset physically distinct capacity. If supplier substitution right asset not identified.\n Group obtain economic benefits asset\n direct use asset. rare cases decisions predetermined Group direct use if\n asset\n asset\n recognises right-of-use asset lease liability at lease commencement date. measurement recognition right-of-use assets Note 3.\n lease liability measured at present value lease payments not paid commencement date discounted interest rate implicit lease or incremental borrowing rate. discount rate.\n Lease payments liability comprise\nFixed payments\n variable lease payments index or rate measured\n amounts under residual value guarantee\n exercise price under purchase option lease payments optional renewal period penalties for early termination.\n lease liability measured at amortised cost effective interest method. remeasured future lease payments index or rate estimate residual value guarantee purchase extension termination option.\n remeasured adjustment to carrying amount right-of-use recorded in profit or loss to zero.\n Short-term leases low-value assets\n-of-use assets lease liabilities for leases machinery 12 months or less low-value assets equipment. recognises lease payments expense straight-line over lease.\n liabilities\n 2,569\n Non-current\n"
}
{
    "_id": "d1b32a568",
    "title": "",
    "text": "Cash Activities Free Cash Flow\n cash cash flow\n Net cash twelve months 2019 $115. 5 million $90. 3 million 2018. due improved profitability collections working capital changes.\n Free cash flow $72. 8 million margin 12. 6% $49. 8 million 9. 3% 2018. increase offset interest convertible notes $17. 4 million. Capital information.\n Reconciliation cash flow\n Net cash operating activities $115,549 $90,253 $67,510\n Capital expenditures (18\n software costs (24\n Free cash flow $72,847 $49,843 $39,839\n margin 12. 6% 9. 3%."
}
{
    "_id": "d1b3673aa",
    "title": "",
    "text": "net deferred income tax assets\n assets February 28, 2018 Italian Canadian subsidiaries $7. 4 million $7. 6 million disclosed 2018 Form 10-K. net operating losses research development expenditure pool carryforwards. 100% valuation allowance.\n maintained valuation allowance non-U. S. jurisdictions state tax credits. 2019 decreased valuation allowance $5. 9 million. foreign tax assets increase state tax credits.\n February 28, 2019 net operating loss carryforwards $30. 1 million $60. 8 million $44. 7 million federal state foreign expiring 2039. $18. 3 million foreign net operating loss carryforwards expire. limitations Section 382 Revenue.\n February 28, 2019 R&D tax credit carryforwards $9. 1 million $8.9 million federal state income tax. federal R&D tax credits expire 2039. state credits no expiration.\n adopted guidance stock compensation tax deductions options stock awards compensation. excess tax deductions $2. 9 million $2. 6 $0 2019 2018 2017. excess tax benefits deficiencies recognized income.\n ASC Topic minimum recognition threshold. uncertain tax benefit $3. 2 million $1. 0 million $1. 0 million February 28, 2019 2018 2017.\n increased uncertain tax benefits foreign net operating loss carryforwards. offset valuation allowance expense. benefit $3. 2 million. liabilities uncertain tax benefits deferred tax assets balance. benefits $0. 6 million.\n interest penalties uncertain tax positions. No accrued February 28, 2019.\n\n loss $19,269 $22,013\n Depreciation\n Research development credits 19,189\n Stock compensation 2,783\n tax credits\n Inventory\n Warranty\n Payroll benefit accruals 2,220\n doubtful accounts\n liabilities 6,208\n Convertible debt (10\n 3,281\n deferred tax assets 32,592 48,425\n deferred tax $21,663 $31,581\n $22,626 $31,581\n"
}
{
    "_id": "d1b3979a6",
    "title": "",
    "text": "Obligations\n table September 30, 2019\n executive offices research development facility 29,000 feet San Diego California lease continues through June 30, 2024. average annual base rent $1. million per year. tenant improvement allowances $1. million. amortized rent expense.\n offices Paris Amsterdam New York Barcelona London.\n Paris France July 31, 2021 base rent. 4 million.\n Amsterdam December 31, 2022. 2.\n New York November 30 2024. Barcelona Spain May 31, 2023. 1. London United Kingdom May 31, 2020 base rent £63,000 $78,000. offices Paris Amsterdam New York Barcelona. Paris France July 31, 2021 rent. 4. Amsterdam December 31, 2022. 2. New York November 30, 2024. 2.Barcelona Spain lease May 2023 base rent €0. 1 million. 1 million. London lease May 31, 2020 rent £63,000 $78,000.\n. properties good business.\n 1 1-3 3-5 5\n Operating lease obligations $1,699 $3,950 $2,707 $36 $8,392\n Other borrowings 131\n $1,830 $4,095 $2,926 $8,948"
}
{
    "_id": "d1b375216",
    "title": "",
    "text": "Accounts Receivable\n table balances\n exposed credit risk residential business customers. require collateral. agreements providers bill collect services. purchase include balance. significant loss.\n December 31,\n 2018\n millions\n purchased receivables $1,971 2,094\n Earned unbilled receivables 374 425\n Total accounts receivable 2,365 2,540\n allowance doubtful accounts (106)\n $2,259 2,398"
}
{
    "_id": "d1b328358",
    "title": "",
    "text": "6. SELECTED FINANCIAL DATA.\n derived audited statements. Discussion Analysis Financial Condition Results Form 10-K. historical results not indicative results future.\n Selected Financial Data\n Ended September 30\n Income Statement Data\n Revenue $84,590 $63,559 $45,390 $34,701 $25,367\n Operating income (loss $(4,590) $(7,806) $2,769\n Net income $14,092 $1,959\n.\n.\n Working capital $34,082 $17,221 $41,342 $31,980 $24,005\n Total assets $135,897 $127,150 $71,719 $48,385 $38,746\n Other borrowings $556 $810\nequity,333,394,408,485,433"
}
{
    "_id": "d1b34d45a",
    "title": "",
    "text": "Loss per Share\n Company two-class method basic diluted net loss dividends.\n table summarizes\n December 31, 2019 2018 loss diluted loss equal loss.\n 2018\n Basic diluted shares 113,026,424 105,671,839\n excluded anti-dilutive\n Stock options 3,812,242 5,476,790\n Restricted share units 1,939,918 2,473,665\n Deferred share units\n 5,752,833 7,950,802"
}
{
    "_id": "d1a73d944",
    "title": "",
    "text": "table fees categories services Ernst & Young years.\n Audit fees annual audit quarterly financial statements statutory audits internal control review. independent accountants.\n Audit-related fees assurance services. certification Singapore Branch corporation registration.\n Tax fees services Ernst & Young tax compliance.\n audit non-audit services Ernst & Young pre-approved committee.-approval reported meeting.\n Years ended December 31,\n 2019\n Audit Fees (1) 52,794 62,040 2,074\n Audit-related Fees (2) 1,283 1,095\n Tax Fees (3) 4,304\n Total 58,381 67,078 2,243"
}
{
    "_id": "d1b2f751e",
    "title": "",
    "text": ". Commitments Contingencies\n Company leases facilities build-to-suit expiration March 2029. Rent expense office facilities $5. 3 million $4. 8 million $3. 2 million 2019 2018 2017. capital lease agreements computer equipment January 2022 commitments data centers.\n Future payments capital leases. March 31, 2019\n usage-based charges rent.\n payments minimum sublease rental income $0. 6 million 2020.\n outstanding letters of credit $3. million $3. 8 million leases March 2019 2018.\n Capital Leases Facility Leases Data Centers\n 2020\n minimum lease payments $ 2,346 $ 126,959 54,783\n value capital lease obligations\n(844)\n Long-term lease $1,381"
}
{
    "_id": "d1b37dea2",
    "title": "",
    "text": "\n sales decreased 10% to $325. 2 million 2018 $360. 2 million 2017. impacted by $8. 0 million gain contract adjustment training contract. Navy. Sales lower 2018 virtual air ground international training services increased. exchange rates. sales.\n Amortization Purchased Intangibles $1. 1 million 2018 $0. 9 million 2017.\n $16. 6 million 2018 $28. 1 million 2017. gain $8. 0 million 2017 contract adjustment. Navy. 2018 arbitrator awarded $1. 7 million reseller air combat training expense. R&D expenditures increased $1. 8 million. next generation training systems. income offset by increased ground combat training systems costs contracts. exchange rates. income.\n EBITDA $26. 3 million 2018 $39. 4 million 2017.decrease Adjusted EBITDA driven operating income excluding amortization.\n 2018 2017\n Sales $ 325. $ 360.\n Operating income 16. 28.\n Adjusted EBITDA 26. 39."
}
{
    "_id": "d1b33198a",
    "title": "",
    "text": "Cost Revenues Gross Margin\n Subscription cost. increased $50. 9 million 46% 2019 2018. third-party costs $21. 5 million infrastructure $19. 8 million headcount personnel contractor costs $9. 6 million. gross margin.\n increase driven investments infrastructure capacity new customers usage. expect subscription gross margin similar future.\n cost revenues. increased $23. 0 million 48% 2019. due services personnel costs $11. 1 million product sales $10. 6 million overhead costs $1. 3 million. margin fluctuates services discounting phones.\n Year ended December\n 2019 2018\n Cost revenues\n Subscriptions $160,320 $109,454 $50,866 46% $89,193 $20,261 23%\n70,723 47,675 23,048 48% 32,078 15,597 49%\n cost revenues $231,043 $157,129 $73,914 47% $121,271 $35,858 30%\n Percentage revenues\n Subscriptions 18%\n 8% 7%\n Gross margins\n 80% 82%\n 17% 22%\n gross margin 74%"
}
{
    "_id": "d1a724228",
    "title": "",
    "text": "Product Mix Technology Migration\n price wafers technologies varies mix revenues profitability. value wafer determined by complexity performance processing technology yield defect density. higher functionality performance better yields lower defect density greater system-level integration requires better manufacturing expertise commands higher wafer prices. increase price more than production cost economy scale reached.\n Prices wafers decline over processing life cycle. migrating to sophisticated technologies profitability. began volume production with 65-nanometer 40-nanometer technologies 2006 2009,. introduced 28-nanometer technology 2011 started large-scale production 2014. 28nm below technologies contributed. 1% 15. 2% 11. 3% foundry revenue 2017 2018 2019.\n.\n.\n.\n.\n.\n.\n.\n. 358. 7\n. 50 micron 3. 4 9\n 100."
}
{
    "_id": "d1a7177a8",
    "title": "",
    "text": "4 REVENUE FROM CONTRACTS CUSTOMERS\n Revenue recognized performance obligations satisfied control service transferred to customer. Revenue measured consideration Company transferring services (“transaction. revenue transaction price allocated to performance obligation. if payment before or after performance significant financing. licenses agreements significant financing at December 31, 2019 or 2018.\n agreements contain or multiple. require allocation transaction price based estimated selling prices.\n license agreements contain options for additional products territories. prices potential market size. agreements contain technology tradenames. immaterial in contract.\n Sales-based Milestones Royalty Revenues\n royalties Oxaydo Nexafed recorded sales Zyla MainPointe. Payments milestones due 30 days after year. royalties 45 days after quarter.\n License Collaboration Agreement Revenues\nmilestones under agreements recorded as revenue earlier recognition. license fee option revenue option exercised obligations fulfilled. monthly license fee LTX-03 revenue development activities. out-of-pocket development expenses recorded as revenue.\n June 28, 2019 agreement with AD Pharma development LTX-03 (hydrocodone acetaminophen tablets LIMITxTM monthly license payment $350 thousand 18 months until November 2020. development expenses. first license payment received July 2, 2019.\n two license agreements for products Oxaydo Zyla Nexafed Impede MainPointe. January 1, 2020 MainPointe assigned to AD Pharma right title interest MainPointe. royalty revenues from agreements sale products.\n no contract assets liability balances under at December 31, 2019 or 2018.Contract assets prepaid consolidated balance sheet. liabilities deferred revenue.\n December 31,\n thousands\n Zyla (Oxaydo $351 $386\n MainPointe\n Royalty revenues $410"
}
{
    "_id": "d1b33c20e",
    "title": "",
    "text": "\n 2019 2018 2017 Teradyne’s postretirement\n Components Postretirement Benefit\n Service cost $41 $39 $34\n Interest cost\n Amortization service credit\n actuarial loss 717 25 398\n Special termination benefits 3,708 591\n postretirement benefit cost 914 3,595  728\n Changes Plan Assets Benefit Obligations\n cost\n Reversal amortization\n service credit 373 496\n $1,105 $3,968 $1,224"
}
{
    "_id": "d1b3c55fe",
    "title": "",
    "text": "Cash Flow\n foreign currencies converted. Dollars-average exchange rate reporting periods. rates\n December 31,\n Swedish Krona.\n Japanese Yen.\n South Korean Won 1,165.\n Taiwan Dollar."
}
{
    "_id": "d1b303e86",
    "title": "",
    "text": "Earnings share\n diluted adjusted profit Note 2.\n dilution options Performance Share Plan.\n Profit equity shareholders (£m 166. 6 223.\n average shares 73. 7\n.\n 73.\n earnings 226. 303.\n Diluted 225. 302."
}
{
    "_id": "d1a741ec2",
    "title": "",
    "text": "21—EARNINGS PER SHARE\n earnings computed net income average Common Shares. Diluted earnings computed shares dilutive effect Common Share equivalents. equivalents excluded anti-dilutive.\n note 14 Taxes one-time tax benefit $876. 1 million months September 30 2016 reorganization subsidiaries.\n options Common Shares excluded exercise price greater average price Common Shares.\n June 30\n earnings per share\n income OpenText $285,501 $242,224 $1,025,659(1)\n.\n Diluted earnings per share\n $285,501 $242,224 $1\n.\n Weighted-average number shares outstanding\n 268,784 266,085 253,879\n Effect dilutive securities 1,124\n 269,908 267,492 255,805\nanti 2,759,770"
}
{
    "_id": "d1b312dd2",
    "title": "",
    "text": "\n Group adopted IFRS 15 restated results 2 Financial Statements.\n revenue increased $71. 6 million. $710. 6 million 31 March 2019. Subscription revenue strong 15. prior-period billings growth MSP channel.\n IFRS 15\n Revenue $710. million $394. 1 million prior-period deferred revenues $316. 5 million in-period billings. billings subscription products 84. FY18. balance $742. 1 million increased $13. 5 million year-on-year. per net deferral billings $49. 7 million currency revaluation $36. 2 million weakening euro. Deferred revenue $428. 6M increased 5.\n Revenue Americas increased $29. 7 million. $253. 3 million-ended 31 March 2019 prior-period billings growth MSP channel.\n EMEA revenue increased $39.million 12. $363. 6 million year-ended 31 March 2019 growth Enduser Network sales.\n revenue increased $2. 8 million 3. $93. 7 million-ended March 2019 growth Enduser decline Network sales transition.\n Revenue Region\n 253. 223. 13.\n 363. 324. 12.\n 93. 90. 3. 6\n 710. 639. 11. 12.\n Revenue Product\n 328. 316. 3. 4.\n 348. 291. 19. 20\n 33. 30. 9. 10\n 710. 639. 11. 12.\n Revenue Type\n 593. 512. 15. 16\n 106. 115.\n 9. 11. (13\n 710. 639. 11. 12."
}
{
    "_id": "d1b304b42",
    "title": "",
    "text": "\n Group expansion 2019. 73. 72 2018. increase points last year. operating segments margin product launches higher software sales.\n Networks Security 232. 72. 205. 72\n Lifecycle Service Assurance 88. 79. 87. 77.\n Connected Devices 47. 65. 51. 64.\n. 73. 344 72."
}
{
    "_id": "d1b347866",
    "title": "",
    "text": "Fiscal 2019 Restructuring Plan\n Catalyst Liaison operational efficiency. charges workforce reductions facility consolidations. judgments. liability adjustments. quarterly revise assumptions estimates.\n June 30, 2019 costs approximately $30. 0 million $28. 3 million recorded charges. further significant charges.\n reconciliation liability June 30, 2019.\n Fiscal 2019 Restructuring Plan Workplace reduction Facility costs\n Balance payable June 30, 2018\n Accruals adjustments 12,460\n Cash payments (10,420\n Non-cash adjustments (3,393\n Foreign exchange,438\n Balance payable June 30, 2019 $1,819 $5,288 $7"
}
{
    "_id": "d1b38a288",
    "title": "",
    "text": "FINANCIAL RESULTS\n REVENUE\n earned\n advertising subscriptions ticket fund distributions MLB concession sales retail sales.\n 4% decrease revenue sale publishing business 2019 lower revenue Toronto Blue Jays distribution League higher revenue Sportsnet TSC. Excluding sale revenue increased 1%.\n OPERATING EXPENSES\n expenses\n broadcast content\n Toronto Blue Jays player compensation\n retail products\n other expenses.\n 2% decrease expenses\n lower Toronto Blue Jays compensation\n lower publishing costs sale\n higher programming costs\n higher cost sales higher revenue TSC.\n EBITDA\n 29% decrease\n revenue expense changes.\n sale\n distribution Major League Baseball\n increased 1%.\n Revenue 2,072 2,168\n Operating expenses 1,932\n Adjusted EBITDA 140\nEBITDA. 8%.\n Capital expenditures 90"
}
{
    "_id": "d1b33423e",
    "title": "",
    "text": "Auditor’s remuneration\n Relates interim report review Group subsidiary undertakings.\n 2019 non-audit assurance services reporting accountants’ work potential equity raise not completed.\n includes working capital report detailed knowledge Group. additional time. Deloitte chosen efficient time costs.\n 2018 non-audit services included £40,000 year end significant change report £190,000 Group’s Q3 profit estimate due Takeover Code rules.\n detailed knowledge Group. additional time. PwC chosen efficient time costs.\n Deloitte’s PwC’s (2018) independence. Audit Committee not case.\n Fees payable Group’s joint ventures 2019 were £156,000 (Group’s audit audit-related services (2018 £121,000 audit-related services.\n Fees payable Company’s auditor associates for\n audit Company’s annual financial statements\naudit subsidiaries 533 441\n 1,092 823\n 64 51\n 1,156 874\n non-audit 534 230\n 1,690 1,104"
}
{
    "_id": "d1b32ef28",
    "title": "",
    "text": "STAFF\n majority not employed TORM. costs operating expenses 108 seafarers 112 131.\n average employees full-time equivalent.\n Executive Director termination severance 12 months salary.\n staff costs\n operating expenses 8. 9\n administrative expenses 37. 36. 34\n 45. 46. 43.\n Wages salaries 37. 38. 36\n Share-based compensation.\n Pension costs 3.\n social security costs.\n staff costs 2.\n 45. 46. 43.\n Average permanent employees\n 107. 111. 130.\n-based 313. 302. 286.\n 421. 413. 417."
}
{
    "_id": "d1a73cf94",
    "title": "",
    "text": ". EARNINGS (LOSS) PER SHARE\n earnings computed net income weighted-average shares. Diluted EPS net income shares.\n March 29, 2019 launched ATM program $40. million. issued 5,260,968 shares net proceeds $17. 9 million December 31, 2019. issued shares.\n remaining proceeds $21. 4 million. share price $3. 47 per share April 3, 2020 6,173,500 new shares issued balance.\n figures USD except earnings (loss) per share 2019 2018\n Net Loss\n Weighted Average Common Shares 142,571,361 141,969,666\n Loss per Common Share\n.\n."
}
{
    "_id": "d1b34fe9e",
    "title": "",
    "text": "Quarterly Financial Data\n first quarter 2019 non-cash goodwill impairment charge $6. 5 billion Note Customer Relationships Intangible Assets.\n fourth quarter 2018 $2. 7 billion Note.\n first quarter 2018 recognized $71 million expenses acquisition Level 3 expenses $162 million $43 million $117 million second third fourth quarters. 2019 recognized expenses $34 million $39 million $38 million $123 million first second third fourth quarters.\n First Second Third Fourth Quarter\n Operating revenue $5,647\n Operating (loss income (5,499)\n Net (loss income (6,165\n Basic (loss earnings common share.\n.\n2018\n Operating revenue $5,945 5,778 23,443\n income 750 767 894 (1,841)\n Net income 115 292 272 (2,412) (1,733)\n Basic earnings share.\n earnings share."
}
{
    "_id": "d1b32ed66",
    "title": "",
    "text": "\n January 3, 2020 Company compensation awards 2017 Omnibus Incentive 2006 Equity Incentive Plan 2006 Employee Stock Purchase Plan. Leidos issues shares.\n 2017 approved 2017 Omnibus Incentive Plan stock compensation options restricted stock units performance awards cash.\n grants awards 25% four years three years. January 3, 2020. million shares Leidos stock reserved future issuance 2017 Omnibus 2006 Equity Incentive Plan.\n defer stock units. Management Stock Compensation Plan. Benefits payable shares Leidos stock.\n stock units deferred counted against shares future issuance 2017 Omnibus Incentive Plan. awards vested maximum future issuance.\n ESPP Leidos 15% value. 2018 2017 discount 5% non-compensatory.2018 increased discount 10% ESPP compensatory.\n 2017 $25 million $11 million $10 million received ESPP Leidos stock. 2 million shares future issuance.\n compensation tax benefits\n January 3 2020 December 28, 2018 29, 2017\n compensation expense $52 $44\n Tax benefits"
}
{
    "_id": "d1b374794",
    "title": "",
    "text": "Deferred Revenue\n decreased ASC 606 2019. $2. 8 billion $2. 6 billion product $0. 2 billion service. $1. 3 billion recurring software subscription $0. 6 billion two-tier distribution remainder nonrecurring software. offset product deferred revenue. contract renewals offset amortization.\n July 27, 2019 July 28, 2018\n Service $11,709 $11,431\n Product 8,254\n $18,467 $19,685\n $10,668 $11,490\n Noncurrent 7,799 8,195\n $18,467 $19,685"
}
{
    "_id": "d1b37bddc",
    "title": "",
    "text": "26% tax rate\n difference federal effective tax rate 2019 2018 2017 state taxes. foreign tax rates deferred tax adjustment share-based compensation taxes non items valuation allowance. foreign subsidiaries varied tax rates.\n 2017\n Income tax federal statutory rate $(10,883) $(9,811)(6,659)\n State income tax expense federal tax effect (3,657 (2,749\n Nondeductible permanent items 3,522\n Foreign rate differential\n Tax rate change\n Adjustment deferred taxes\n valuation allowance\n Uncertain tax positions\n Nonqualified stock option performance award windfall (9,128\n $425 $796"
}
{
    "_id": "d1b3aad30",
    "title": "",
    "text": "Interest Expense Income\n 2018\n $242,000 increase expense higher line credit balance 2019. $112,000 increase money market account Heritage Bank.\n Year-Over-Year Change\n 2018\n Interest expense $(350) $(108) $(242) 224%\n Interest income expense net 189 77 112 145%\n $(161) $(31) $(130) 419%"
}
{
    "_id": "d1b2fb01a",
    "title": "",
    "text": ". Management Personnel Compensation\n salary bonus contributions benefits performance share option expenses.\n Group Chief Executive Officer Singtel awarded 1,030,168 (2018 1,712,538) shares Singtel. Special Share Award. S$1. 5 million (2018 S$3. 3 million.\n Officers Consumer Singapore Australia Enterprise Digital Life International Corporate Officer Financial Officer Human Resources Information Officer Technology Officer. awarded 3,537,119 (2018 4,391,498) shares Singtel. one-off. S$6. 1 million (2018 S$8. 5 million.\n Directors’ remuneration Directors’ fees S$2. 7 million. 5. Car-related benefits Chairman S$24,557 (2018 S$20,446).Venkataraman Vishnampet Ganesan non director Singtel awarded 831,087 share options Amobee Long-Term Incentive Plan terms conditions. share option expense SFRS 2 S$104,278 (2018 S$21,607).\n management personnel compensation\n director.\n management personnel.\n.\n Directors' remuneration.\n."
}
{
    "_id": "d1b301e4c",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars share\n Disaggregated revenue\n year December 31, 2019 $30,459 change servicing fees Bank Partners. Note 3.\n revenue miscellaneous. merchant interchange servicing fees.\n No assets recognized costs contract December 31,\n 2018. recognized bad debt expense contracts $950 $1,294\n $817 2019 2018 2017 recorded\n expense Consolidated Statements Operations.\n Merchant fees $361,755 $297,776 $234,548\n Interchange fees 44,150\n Transaction fees 405,905 348,904\n Servicing 123,697 65,597 46,575\n 123,741 65,769\n revenue $529,646 $414,673 $325,887"
}
{
    "_id": "d1b33382a",
    "title": "",
    "text": "\n Company vested payments United States participants common stock equity Balance. outside settled cash liabilities December 31, 2019 2018\n table activity unvested stock units December 31, 2019\n Unrecognized compensation expense $731 December 31, 2019. 7 years.\n issued 642,520 782,364 shares common stock participants 2016 Plan withholding 261,335 472,965 shares tax withholding obligations. cash payment $181 $1,495 employee withholding taxes settlement units. paid $0 $300 cash-settle 16 100,025 vested stock units cash shares units.\n-Average\n Unvested restricted stock units outstanding December 31, 2017 3,106,024.\n Granted 853,736.\n Vested (1,583,399).\n Forfeited (563,400.\nunits December 2018 1,812,961.\n Granted.\n (904,096).\n Forfeited (263,450.\n December 2019,415."
}
{
    "_id": "d1b338460",
    "title": "",
    "text": "Basic Diluted Net Income Per Share\n computed divided weighted average shares common stock\n.\n Diluted computed divided treasury stock method effect common equivalent shares. reconciliation earnings shares years December 31, 2019 2018 2017\n.\n December 2019 2018\n 2017\n anti-dilutive CESs 2019 2018 2017 immaterial. See Note 2 information.\n Year Ended December 31,\n 2019 2018 2017\n Net income $ 85,762 $ 104,690  $ 116,481\n Earnings per share\n $ 1.\n Effect CESs.\n.\n Weighted average number shares\n 64,397 66,201 69,175\n Effect CESs\n 65,103 66,434 69,424"
}
{
    "_id": "d1b326d46",
    "title": "",
    "text": "December 31, 2018 2017\n management reviews financial measures service revenue results cash flows. tables measures.\n non-cash equity compensation expense $895 $604 2018 2017.\n $16,813 $12,686 2018 2017.\n Service Revenue. increased 7. 2% 2017 to 2018. Exchange rates impacted $4. 0 million. foreign currency comparisons 2018 average rates 2017. increased revenue increasing sales representatives expanding network adding buildings penetration market lower prices.\n Revenue recognition standards taxes Universal Service Fund fees regulatory fees. taxes statements. revenues 2017 to 2018 $1. 6 million.\n net-centric customers purchase price per megabit. corporate customers bandwidth per connection. Revenues corporate net-centric customers represented 64. 35. 1% service revenue 2018 62. 3% 37.7% service revenue 2017. corporate customers increased 11. 8% $337. 8 million 2018 $302. 1 million 2017 increase. net-centric customers decreased. 4% $182. 3 million 2018 $183. 1 million 2017 decline average price per megabit. revenue declined slower declined 25. 9% 2017 2018. net-centric market pricing pressure expect lower price. average price megabit corporate revenues greater net-centric revenues lower. foreign exchange rates net centric revenues.\n on-net revenues increased 8. 1% 2017 2018. connections 12. 1% December 31, 2018. 5. 1% decline on-net ARPU net-centric customers. determined revenue average customer connections. average price per megabit charges. decline on-net ARPU attributed volume term based pricing discounts.on-net customers service have ARPU greater than new customers due to declining prices. on-net ARPU 25. 9% decline average price per megabit.\n off-net revenues increased 5. 2% 2017 to 2018. 10. 3% December 31, 2018. due 6. 8% decrease off-net ARPU.\n Network Operations Expenses. include personnel facilities costs fiber maintenance leased circuit costs access facilities fees excise taxes. Non-cash equity-based compensation expense. increased 4. 9% 2017 to 2018 11. 9% more customer connections 170 more on-net buildings December 31, 2018. increase network facilities expansion off- net revenues. cost circuits.\n. increased 4. 6% 2017 to 2018. $16. 8 million $12.2017. SG&A expenses salaries expansion sales $1. 1 million legal fees. net neutrality $1. 3 million reduction commission new revenue accounting standard. sales force headcount increased. 8% 619 2018 total headcount 4. 8% 929 974.\n Depreciation Amortization Expenses. increased. 0% 2017 2018. newly deployed assets.\n Gains Equipment Transactions. exchanged used equipment new gains $1. million 2018 $3. 9 million 2017. value. reduction more equipment 2017.\n Interest Expense. $445. million secured notes $189. 2 million unsecured notes installment payment agreement finance lease obligations. increased. 3% 2018 $70. million secured notes finance lease obligations.\n Tax Expense. $12. 7 million 2018 $25. 2 million 2017.decrease income tax expense deferred Tax Cuts Jobs Act. December 22, 2017 President signed. reduced corporate tax rate 35% 21%. effective January 1, 2018 future taxes. net deferred tax asset $9. million transition tax $2. 3 million foreign operations total tax expense $11. 3 million additional noncash tax expense 2017.\n. December 31, 2018 2017 2,676 2,506 on-net buildings.\n Service revenue $520,193 $485,175. 2%\n On-net revenues 374,555 346,445.\n Off-net revenues 145,004 137,892.\n Network operations 219,526 209,278.\n 133,858 127,915.\n 81,233 75,926.\n equipment transactions 982.\n Interest 51,056 48,467. 3%\n12,715 25,242."
}
{
    "_id": "d1a7265a0",
    "title": "",
    "text": ". Taxes\n December 22, 2017 Tax Cuts Jobs Act. Law. 31, 2018 Company accounting.\n reduced. corporate income tax rate 35% to 21% January 1 2018. 2017 remeasured deferred tax assets recorded $15. million tax charge. reduced $4. 9 million benefit accelerated tax deductions 2018. Federal Income Tax Return.\n Act.-time transition tax foreign earnings. recorded $20. 9 million tax charge-1986 earnings foreign subsidiaries deferred. reduced $8. 1 million benefit.\n recorded $15. 5 million valuation allowance deferred tax. foreign tax credits.\n 2019 acquisition Speedpay tax credits income released $15. million valuation allowance.\n Tax Act subjects. shareholder-taxed income foreign subsidiaries.\n2018 Company earnings subsidiaries reinvested no deferred income taxes. December 2019 2018 Indian subsidiaries reinvested. foreign subsidiaries. permanently reinvested differences.\n income taxes\n December\n United States,317 $16,312,863\n Foreign 88,527 75,487 86,435\n Total $72,210 $91,799 $43,572"
}
{
    "_id": "d1b3c6bc0",
    "title": "",
    "text": "2019\n Sales $1. 4 billion increased. 2%. billion Solid Capacitor sales $164. million. Film Electrolytic $4. 3 million MSA $13. million.\n $111. million sales Americas APAC EMEA. $72. million Ceramic $39. million Tantalum. $30. 6 million OEM sales APAC EMEA $28. million EMS sales. offset $3. 2 million decrease sales JPKO $2. 7 million decrease OEM Americas. impacted $0. 5 million Euro.\n Film Electrolytic $10. 5 million increase Americas EMEA. $1. 7 million EMS $0. million OEM. offset $5. 6 million decrease OEM sales APAC $3. 1 million decrease sales APAC JPKO. impact $0. million exchange Euro.\n MSA $15. million increase OEM sales JPKO.increase net sales $4. 3 million EMS $3. 7 million distributor Americas EMEA. offset $5. 5 million decrease APAC JPKO $3. 8 million decrease OEM.\n 2019 2018 net sales channel percentages\n APAC $533,340. 6% $479,987.\n EMEA 315,535. 8% 277,898.\n Americas 337,842 24. 4% 259,105.\n JPKO 196,101. 183,191.\n $1,382,818"
}
{
    "_id": "d1b32921c",
    "title": "",
    "text": "BIG NPS improved scores sales F19. 2% $3. 8 billion. sales increased 5. 3% F19 7. 2% Q4.\n transactions. more growth 4. 4%. growth 8. 6%. reusable increased 5. 2%.\n BIG network review. 30 stores years two distribution centres. three stores F20.\n price competitive improved ranges convenient online in‐store experience.\n Online sales increased 128% F19. Apparel improved range flow.\n gross profit declined 49 bps F19 stockloss slow sell‐through apparel. Category mix improved H2.\n CODB declined 132 bps store efficiencies sales growth.\n LBIT $85 million $371 million review.\n. Inventory quality improved sales apparel sell‐through.\nF20 BIG W sustainable business low prices connected solutions in‐store online.\n F19 F18\n MILLION 53 WEEKS 52\n Sales 3,797 3,566 6. 5% 4. 2%\n LBITDA\n items.\n Depreciation amortisation (80). 7%.\n LBIT (85).\n Significant items (371).\n (456) 315. 5% 313. 7%\n Gross margin 31.\n Cost business 33. 4 34. 8\n LBIT sales.\n Sales square metre 3,629 3,369 7. 7% 5. 4%\n Funds.\n ROFE."
}
{
    "_id": "d1b2f65ce",
    "title": "",
    "text": "Contractual Obligations Commercial Commitments\n capital commitments facilities leases. rent. rent expense. anticipate increase capital expenditures lease commitments growth infrastructure brand name.\n table summarizes obligations March 31, 2019\n purchase obligations. marketing IT services. excludes tax benefits interest penalties $1. 1 million.\n software royalty commitments licensing. fixed cost. $12. 3 million 2019 $4. 5 million 2018.\n 90-day product warranty software. costs.\n Payments Due\n 2-3 4-5 5 Years\n Operating lease obligations $23,673 $9,008 $10,907 $2,827\n Purchase obligations 20,520 16,748 3\n $44,193 $25,756 $14,576 $2,930"
}
{
    "_id": "d1a71a764",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. FINANCIAL STATEMENTS. dollars\n ACCOUNTS\n $68,309 $76,376\n doubtful receivables (16,377 (16,086)\n $51,932 $60,290"
}
{
    "_id": "d1b332632",
    "title": "",
    "text": "Acquisition Related Expenses personnel costs stock-based compensation integration professional services business combination adjustments operating items. Stock-based compensation expenses from unvested stock awards options vesting accelerated termination.\n acquisition expenses decreased 2019 due favorable business adjustments.\n Ended May 31,\n Percent Change\n Transitional employee costs $49 3% 4%  $48\n Stock-based compensation -100%\n Professional fees 373% 426% 3\n Business combination adjustments\n Total acquisition expenses $44 -15% -13% $52"
}
{
    "_id": "d1b3b2026",
    "title": "",
    "text": "ASC 606 impact adoption\n balance sheet 2019\n Deferred product costs Prepaid expenses\n $6. 2 million $8. 8 million.\n balances deferred revenue TRACKER acquired\n February 25, 2019.\n impact ASC 606 income).\n Prepaid expenses assets $19,373 $17,900\n Deferred income tax assets 22,626\n Other assets 22,510 (3\n Liabilities Stockholders' Equity\n Deferred revenue $24,264\n non-current liabilities 38,476 (5,353\n Stockholders equity\n Accumulated deficit $(2,227) 1,689"
}
{
    "_id": "d1b34ebe8",
    "title": "",
    "text": ". Associates\n financial information Intouch Holdings investment\n adjustments local accounting standards SFRS.\n income\n Revenue 250. 144.\n Profit after tax 451. 166.\n. 10.\n income 450. 499. 164.\n financial position\n assets 743. 720. 701.\n Non-current assets 1,532. 1,554. 1,629.\n (305. (444. (483\n (205. (313. (395.\n assets 1,765. 1,516. 1,452.\n Non-controlling interests (304. (342. (411.\n assets equity holders 1,460. 1,174. 1,040.\n ownership 21. 21\n assets 306. 246. 218.\n Goodwill intangible assets 1,441. 1,417. 1,371.\n (46..\n 1,701. 1,641. 1,581.\n market 1,653. 1,639. 1,525.\n Dividends 78. 77."
}
{
    "_id": "d1b333df2",
    "title": "",
    "text": "Accumulated Loss-Recognition Deferrals\n table presents items not December 31, 2018 2019 deferred 2019 2019. recorded balance loss\n 2018 Recognition Net Benefits Expense Deferrals Change AOCL 2019\n millions\n Accumulated loss\n Pension plans\n Net actuarial (loss gain $(2,973) 224 (297)\n Prior service benefit 46\n Deferred income tax benefit 754\n pension plans (2,173) 163 (219),229\n Post-retirement benefit plans\n Net actuarial (loss gain 7 (182)\n Prior service benefit\n Deferred income tax benefit (expense\n post-retirement benefit plans (58) 12 (138) (126) (184)\n,231) (357) (2,413)"
}
{
    "_id": "d1a732a94",
    "title": "",
    "text": "Dividends profit after tax returns.\n dividends franked 30% tax rate.\n 29 August 2019 Board of Directors declared final dividend 57 cents per share 30% tax rate. paid 30 September 2019 expected $717 million. no provision.\n DRP active. shareholders participate. no DRP discount no limit.\n Shares allocated 2019 final dividend equal daily volume market price shares ASX 10 trading days 6 September 2019. last date election notices 5 September 2019. acquire shares on-market.\n 13. 4% (2018 39. 9%) dividends reinvested in shares. change removal discount 2018 final dividend 12 October 2018. 2019 interim dividend satisfied on-market purchase transfer $73 million shares to shareholders.\n\n 45 593 5 April 2019 561 6 April 2018\n 657 12 October 2018 647 6 October 2017\n 131 12 October 2018\n Dividends 105 1,381 93 1,208\n dividend\n reinvestment plan\n Dividends trust\n Dividends cash 1,267 724"
}
{
    "_id": "d1b32e28a",
    "title": "",
    "text": "Obligations\n summary cash obligations February 28, 2019\n inventory commitments.\n Future Cash Payments\n 1 - 3\n Obligations 5\n Convertible notes $122,527 $230,000\n interest 6,591 10\n Operating leases 7,565 12,628,659\n Purchase obligations 39,390\n obligations $53,546 $145,351 $21,525 $244,559 $464,981"
}
{
    "_id": "d1a73e6aa",
    "title": "",
    "text": ". financial result\n income expenses instruments assigned categories IFRS 9. foreign currency positions IAS 21.\n income currency effects results hedging transactions €17 million (2017/18 €−14 million. reflects €−5 million €4 million currency effects translation financial statements foreign subsidiaries deconsolidated business activities discontinued. impairment losses financial assets €2 million (2017/18 €0 million recognised period.\n 2017/2018 2018/2019\n income\n currency effects\n hedging transactions\n expenses −184 −158\n transactions\n financial instruments IFRS 9\n cash flow hedges\n"
}
{
    "_id": "d1b34a89a",
    "title": "",
    "text": "Unaudited Pro Forma Financial Information\n summarizes combined results for Oracle Aconex other companies acquired since 2018 relevant for. included business combination accounting effects acquisitions amortization charges from acquired intangible assets stock-based compensation charges for unvested stock awards stock options tax effects. for informational purposes not indicative of results acquisitions 2018 or 2019.\n for fiscal 2019 presented historical results of Oracle other companies effects of pro forma adjustments.\n fiscal 2018 combined results Oracle Aconex December 31, 2017 (adjusted due to differences other companies pro forma adjustments. unaudited pro financial information\n Year Ended May 31,\n millions 2019 2018\n Total revenues $39,512 $39,546\n Net income $11,076 $3,500\n Basic earnings per share $3.. 85\n earnings share $2."
}
{
    "_id": "d1b354372",
    "title": "",
    "text": "\n Company credit risk short investments. performs credit evaluations collateral.\n table customers 10% net revenue\n 2019\n 2018 2017\n Tech Data Corporation 18% 14% 16%\n Jenne Corporation 17% 13% 15%\n Westcon Group. 12%"
}
{
    "_id": "d1a71fa20",
    "title": "",
    "text": ". DEBT FINANCING ARRANGEMENTS\n 2021 Convertible Notes\n 2017 Company issued $300. million. 75% convertible notes 98%. proceeds $284. 9 million discount $6. million issuance costs $9. 1 million. debt discount accreted interest. issuance costs deferred amortized interest.\n governed Indenture December 8 2017 US Bank National Association. Notes mature July 1 2021. Interest payable semi-annually January 1 1 1 2018.\n convertible. shares common stock $1,000 $42. per share anti issuances fundamental change. delisting liquidation. common stock cash shares. Holders convert maturity.\nholders 2021 Notes 100% principal interest maturity fundamental change default non-payment interest 2017 Indenture.\n net carrying amounts\n effective interest rate 6. 4%.\n 2019 2018\n Principal amount $300,000\n Unamortized debt discount (2,691) (4,348\n Net costs 297,309 295,652\n (4,135)\n Net carrying value $293,174 $288,967"
}
{
    "_id": "d1b389e46",
    "title": "",
    "text": ". Reportable Segments Geographic Information Major Customers\n segments components enterprise financial information evaluated chief performance resources. Company internal management reporting system financial data performance. Net sales attributed region product manufactured service. services manufacturing processes customers order fulfillment processes interchangeable. performance operating income (loss). net sales administrative expenses excludes corporate expenses. 2019 $13. 5 million-time employee bonus cash Tax Reform. not allocated segments. Inter-segment transactions recorded arm’s length. accounting policies same Company.\n three reportable segments 2019 2018 2017\n Depreciation\n AMER $22,531 $21,224 $19,694\n APAC 16,905 15,954\n EMEA 6,105\n Corporate 5,344\n Capital expenditures\n,459\n APAC 33,454 13,816\n EMEA 5,186\n 4,149\n,600,780 $38,538"
}
{
    "_id": "d1b3193e4",
    "title": "",
    "text": ". Earnings Per Share\n Basic earnings computed net earnings weighted average shares common stock. Diluted\n earnings computed earnings weighted average\n dilutive effect potential stock equivalents. Stock options unvested RSU awards\n equivalents computed treasury stock method.\n table represents basic diluted earnings share weighted average\n March 2017 2018 2019\n equivalents not included 1,381 1,733\n 4,375 years 2017 2018 2019.\n 2019\n Net income $125,785 $4,910 $271,813\n Basic EPS\n Weighted Average Shares 167,506 168,262 168,713\n earnings.\n Diluted EPS\n Average Shares 167,506 168,262\n 167,837 168,925 169,322\n earnings."
}
{
    "_id": "d1b3c842a",
    "title": "",
    "text": "Indefinite-lived Intangible Assets\n Broadcasting segment acquires assets FCC licenses. renewal extension minimal costs. acquired FCC licenses indefinite-lived.\n 2019 licenses increased $15. 6 million $18. 2 million $2. 3 million impairments $0. 3 million loss sale. impairment licenses future cash flows. impairment charges Asset expense Consolidated Statements Operations.\n FCC licenses $ 136. $ 120.\n State licenses.\n $ 138."
}
{
    "_id": "d1b32ddbc",
    "title": "",
    "text": "Contract Balances\n asset recorded if revenue unconditional right consideration. services cloud provided. asset subscription licenses if revenue exceeds. assets reclassified to receivable when rights unconditional.\n balance contract assets liabilities. deferred revenues\n difference balances from timing difference performance payments. obligations transferring products services consideration. 2019 reclassified $19. 2 million assets to receivables unconditional. no significant impairment loss.\n deferred revenue consideration future. relate to customer support agreements paid. revenue 2019 revenue balances July 1, 2018 approximately $617 million.\n June 30, 2019 July 1 2018\n Short-term assets $20,956 $5,474\n Long-term $15,386 $12,382\n Short-term deferred revenue $641,656 $618,197\n Long-term $46,974 $64,743"
}
{
    "_id": "d1b3add00",
    "title": "",
    "text": "Markets\n U. S. mortgage market first second lien. downturns stable first lien constant. second lien loan-to ratios interest rates lenders.\n delinquent loans small default process long complex multiple parties exchange data regulatory requirements. Providers meet regulatory guidelines proven technology.\n U. S. mortgage loan origination market purchase refinance. multiple parties data exchange regulatory oversight comprehensive scalable solution experience. Mortgage Bankers Association. market estimated\n Amounts recalculate.\n 2019 2018 2017. estimated MBA Mortgage Finance Forecast February 18, 2020 11, 2019 October 16, 2018.\n Purchase $1,272. $1,185. $1,143.\n Refinance.\n Total $2,068. $1,643. $1,760."
}
{
    "_id": "d1b38a04e",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n Income\n deferred tax liabilities\n Post-retirement benefits $1,100\n Inventory reserves\n Loss\n Credit,964\n Accrued expenses\n Research expenditures 17,953\n lease liabilities\n Stock compensation\n Foreign exchange loss 1,986\n deferred tax assets 56,040 50,979\n Depreciation amortization\n Pensions 13,552\n unremitted earnings 1,903\n deferred tax liabilities 33,871\n deferred tax assets\n deferred tax $14,158 $18"
}
{
    "_id": "d1b35575e",
    "title": "",
    "text": "Deferred tax assets\n Company Federal tax credit carryforwards $5. 4 million 2028 to 2038. Federal operating loss carryforward $24. 5 million 2029 2037 loss carryforward $17. 9 million unlimited carryforward period. state tax credit carryforwards $0. 3 million state operating loss carryforwards $43. 3 million vary expire 2039.\n. realization future taxable income. considers reversal future taxable income tax planning strategies.\n increase valuation allowance.\n not use existing deferred tax liabilities indefinite-lived. income.\n Tax Act. net operating losses December 31, 2017 20-year carryforward period. carry indefinitely indefinite-lived deferred tax assets.Company schedules deferred taxes assets.\n reversal indefinite carryforward NOL new law impact valuation allowance. indefinite carryforward NOLs deferred tax liabilities “naked credits for realization. adjustment 2019 $0. 01 million deferred tax liability.\n 2019 foreign tax credit carryforward realizable. reduction valuation allowance. no net income tax provision 2019 reduction. valuation allowance required future benefit tax carryforwards.\n current year income tax provision reduction valuation allowance due deferred tax liability issuance convertible debt. “future taxable assets $4 million reduction valuation allowance.\n Company records benefits uncertain tax positions more likely. measured largest tax benefit 50% likely settlement.\nDecember 31, 2019 reserve tax positions liabilities. income tax.\n Deferred tax\n Subordinated debt\n Indefinite intangibles\n Right use assets\n Software development costs\n Acquired intangible assets\n Depreciation property plant equipment\n deferred tax liabilities\n Allowances bad debts inventory\n Capitalized inventory costs\n Intangible assets\n Employee benefit accruals\n Interest Limitation\n Lease liabilities\n Federal operating loss\n State\n Tax credit carryforwards\n Depreciation property plant equipment\n deferred tax assets 25\n valuation allowance\n deferred tax liabilities"
}
{
    "_id": "d1b3489dc",
    "title": "",
    "text": "\n expenses increased $3. 1 million 1% 2019 2018. decreased two 2018 Reallocation cost efficiency commission.\n expenses decreased $15. 6 million 7% 2018 2017. decreased eight points cost efficiency reduction headcount restructuring leverage.\n Ended December 31,\n 2019 2018 2017\n thousands\n Sales marketing $227,733 $224,635 $240,271\n revenue 39. 5% 41. 8% 49. 9%"
}
{
    "_id": "d1b32a07c",
    "title": "",
    "text": "Interest borrowings includes short long-term debt.\n FOREIGN EXCHANGE VALUE DERIVATIVE INSTRUMENTS recognized $79 million foreign exchange gains 2019 (2018 $136 million losses. US dollar commercial paper borrowings.\n offset $80 million loss change fair value derivatives $95 million debt derivatives foreign exchange risk.\n December 31, 2018 discontinued hedge accounting reclassified $21 million loss fair value derivative.\n extended bond forwards redesignated hedges. December 31, 2019 exercised bond forwards. 17.\n FINANCE COSTS\n Years 31\n Interest on borrowings\n post-employment benefits liability\n Loss repayment long-term debt\n foreign exchange\n Change fair value derivative instruments\n Capitalized interest\n\n Finance interest 779 793\n Interest expense 61\n finance costs 840 793"
}
{
    "_id": "d1b3c6152",
    "title": "",
    "text": "foreign exchange differences US dollar.\n financing costs increased €1. 3 billion mark-to-market losses adverse foreign exchange rate movements. before interest Liberty Global adverse interest. underlying financing costs stable debt borrowing costs.\n financing costs\n Investment income\n Financing costs (2,088)\n (1,655)\n costs before interest settlement tax (1,043)\n Interest income settlement tax issues\n Mark market\n Foreign exchange\n financing costs (1,655)"
}
{
    "_id": "d1b2e9e46",
    "title": "",
    "text": "Fourth quarter profit $1,081 million margin 39. 3%. margin increased 140 points improved product mix manufacturing efficiencies.\n decreased 70 year-over-year price pressure unsaturation improved efficiencies currency hedging.\n Months\n Year-Over-Year\n profit $ 1,081 11. 8% 2. 0%\n margin 39. 3% 37. 9% 40."
}
{
    "_id": "d1b38eae0",
    "title": "",
    "text": "adjusted IFRS 15. Note 2.\n U. S Tax Cuts Jobs Act 22, 2017. income tax law. reduces. corporate tax rate 35% to 21% interest modifies compensation operating loss 2017 repeals corporate alternative minimum tax credits creates taxes foreign-sourced earnings related-party payments global intangible low-taxed income tax base erosion tax.\n. tax rate 21% Group non-cash charges $16. 9 million tax expense $16. 9 million equity. deferred tax assets 2018.\n June 2019 2017. non-cash charges tax expense $54. 7 million $30. 4 million $25. 8 million equity carrying value. evidence. recent earnings losses future taxable income carry-forward periods deferred tax.Group deferred tax assets realizable.\n 2017 foreign subsidiaries. tax group deferred tax assets liabilities non-recognized deferred tax asset $2. 1 billion intellectual property. quarterly assessment recognized.\n impact deferred tax asset $19. 1 million 2019 acquisition OpsGenie. acquired deferred tax assets $1. 8 million OpsGenie. recognized deferred tax liabilities $19. 6 million intangibles amortization not deductible future profits.\n.\n deferred tax assets\n $47,060\n Deferred tax expense\n Debited equity\n income\n Impact business combinations (19\n Currency revaluation impact\n Balance $3,212 $47,060"
}
{
    "_id": "d1b371b5c",
    "title": "",
    "text": "Foreign Currency Analysis\n generate revenue States Germany Japan Kingdom Canada\n table impact exchange rate changes revenue spend\n Glossary currency growth rates.\n Changes. dollar revenue spend income. foreign currency contracts reduce exchange rate mitigate.\n Fiscal Year Ended January 31, 2019\n Percent change currency change Positive impact foreign exchange rate changes\n Revenue 25% 24% Positive\n Total spend 1% Neutral"
}
{
    "_id": "d1b308d82",
    "title": "",
    "text": "Contractual Obligations\n table payments obligations December 31, 2019\n Includes cash interest terms debt. based fixed floating rates.\n Purchase obligations noncancelable penalty. long-term agreements substrate termination penalties up to $430 million. purchases $2. 4 billion substrate glass $500 million cover glass.\n pay additional milestones. Note 14.\n Transition tax obligations. federal taxes earnings profits foreign subsidiaries. Note 18.\n Includes letter credit fees unused revolver fees.\n excluded $72. 2 million unrecognized tax benefits timing uncertain.\n Payments Due Year\n 5\n Long-term debt obligations $482,892 $17,684 $98,571 $37,496 $329,141\n Interest payments.29,533 93,822\n lease 26,708 92,281\n Purchase. 1,424,267,200 221,888 187\n Recycling.\n.,895 4,500\n tax. 76,667 14,747 32,259 23,041\n. 10,527,933 5,164 2,430\n. $2,469,962,261,174 $313,579 $790,948"
}
{
    "_id": "d1b3c1bb6",
    "title": "",
    "text": "\n table presents sales 2019 2018\n Customers 10% change. 2019 19% 17% 13%. 2018 27% 17%. 2017 40% 16%. five largest customers. represented 15% 18% 15% revenue 2019 2018 2017.\n December 31, 2019 equipment totaled $73. 7 million $69. 9 million. $3. 9 million outside. 2018 $80. 6 million $77. 3 million. $3. 3 million. company-wide.\n United States $300,853 $288,843 $508,178\n Mexico 90,795\n Germany 78,062 167,251\n international 60,351 36,974\n $530,061 $529,277 $666,900"
}
{
    "_id": "d1b326a3a",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION FINANCIAL STATEMENT amounts\n. RETIREMENT OBLIGATIONS\n changes obligations\n Revisions $6. million $49. 4 million foreign currency 2019 2018.\n future cash outlay $3. 2 billion.\n balance January 1 $1,210. $1,175.\n Additions 61. 39.\n.\n Revisions 56.\n Settlements.\n December $1,384. $1,210."
}
{
    "_id": "d1b3c36a0",
    "title": "",
    "text": "Free Cash Flow-U. GAAP measure. net cash operating investing excluding purchases marketable securities joint ventures deconsolidation temporary investments. net cash operating activities purchase sale tangible financial assets sale businesses cash business.\n Free Cash Flow. GAAP information investors measures capacity cash operating investing. not. GAAP represent total cash flow cash flows financing.\n reconciles total cash flow payment purchases proceeds marketable securities cash joint ventures deconsolidation financing exchange rates. definition Free Cash Flow. determined from Consolidated Statements of Cash Flows\n Reflects Payment purchase Proceeds sale financial disposal equity investment sale businesses business cash equivalents.\n Free Cash Flow positive $497 million 2019 $533 million $308 million 2018 2017.\nEnded December 31,\n 2019\n millions\n cash operating activities $1,869 $1,845\n investing (1,172 (1,212) (1,468)\n securities joint ventures deconsolidation (200\n business (1,372 (1,312),369\n Free Cash Flow. $497 $533 $308"
}
{
    "_id": "d1b391e34",
    "title": "",
    "text": ". Segment Geographic Area\n table geographic financial information 2019 2018 2017. sales operational locations.\n Millions April 27, 2019 28, 2018 29, 2017\n Sales\n. $540. $487. $506.\n 148. 184. 155.\n 113. 127.\n 101. 54\n. 65. 26\n Sales $1,000. $908. $816.\n Plant Equipment\n. $83. $63. $44.\n 33. 36 26.\n.\n 18.\n.\n Property Plant Equipment $191. $162. $90."
}
{
    "_id": "d1b3b24cc",
    "title": "",
    "text": "Operations\n analysis performance trends Consolidated Financial Statements Item 8 Annual Report Form 10 - K.\n table Consolidated Statements\n December\n Sales $788,948 $718,892\n Gross profit 315,652 365,607\n expenses 261,264 194,054\n income 54,388 171,553\n Other income 12,806 823\n taxes 67,194 172,376\n taxes 10,699 25,227\n 56,495 147,149"
}
{
    "_id": "d1b386c5a",
    "title": "",
    "text": "Obligations\n June 30, 2019 obligations minimum\n interest principal payments. 10-Term Debt.\n $30. 7 million sublease income.\n Payments\n July 1 2020\n Long-term debt obligations $3,408,565 $147,059 $292,156 $1,045,567 $1,923,783\n Operating lease obligations 318,851 72,853,394\n Purchase obligations 11,280 8\n $3,738,696 $228,276 $401,297 $1,105,177"
}
{
    "_id": "d1a7261ea",
    "title": "",
    "text": ". Directors Key Management remuneration\n disclosed report pages 64 to 74\n 31 March 2019 OLT Non-Executive Directors. remuneration Key Management\n 2019\n £m Short-term employee benefits 5.\n Share-based payments.\n Termination benefits.\n Pension contributions.\n 9."
}
{
    "_id": "d1b34279e",
    "title": "",
    "text": ". Orders revenue region\n currency translation added point order revenue growth portfolio transactions minimal volume. ratio orders to revenue Siemens 2019 1. 13,. order backlog € 146 billion September 30, 2019 high.\n International Monetary Fund.\n Orders external customers up Mobility. Gas Power Siemens Healthineers Smart Infrastructure SGRE declined Digital Industries. Volume large up Mobility SGRE Gas and Power. Growth emerging markets orders China Russia Mobility € 1. 2 billion contract high-speed.\n development mixed Europe. Africa Middle East. growth double Mobility contracts. offset decline SGRE lower decrease Digital Industries. orders up Germany Gas and Power. Mobility other businesses.\n Orders Americas up currency translation. SGRE Mobility. same.\n Asia Australia orders rose.growth SGRE higher volume offshore wind-farms\n € 2. 3 billion. Mobility dropped. growth China industrial businesses.\n millions.\n Europe. Africa Middle East 46,086 46,495\n Germany 12,021 11,254 7%\n Americas 29,812 25,060 19%\n. 21,166 18,106\n Australia 22,101 19,742\n China 8,989\n 97,999 91,296\n emerging 31,720 30,564 4%"
}
{
    "_id": "d1b2f19b6",
    "title": "",
    "text": ". Consolidated Financial Data\n table presents consolidated financial data five-year period December 31, 2019. past not future. data's Discussion Analysis Financial Condition Results consolidated financial statements notes.\n Ended December 31,\n 2019 2018 2017 2016 2015\n Revenues $111,412 $111,322 $106,524 $114,263 $123,961\n Income operations 9,464 8,238 10,186\n operations taxes 4,155 4,661 6,007 8,523\n discontinued operations 1,938\n income $4,155 $4,661 $3,530 $6,631 $10\n Income per\n operations.\n Discontinued operations.\n income share.\n Income per share—diluted\noperations. 35. 37. 12. 43. 58\n Discontinued operations. 15. 04. 16\n Net income share. 35. 37. 27. 47. 74\n Shares calculation operations 11,809 12,323 12,882 13,997 14,722\n discontinued operations\n 12,035 12,510 12,894 13,997 14\n discontinuing,035,894"
}
{
    "_id": "d1b30a394",
    "title": "",
    "text": "Deferred income taxes assets liabilities.\n January 3, 2020 state losses $77 million tax credits $7 million. 2020 $24 million $7 million. foreign losses $44 million. $9 million.\n valuation allowance deferred tax assets $20 million $28 million January 3, 2020 December 28, 2018. decreased $8 million sale cybersecurity business offset foreign withholding taxes.\n December 28, 2018\n Operating lease liabilities\n Accrued vacation bonuses\n Reserves\n Deferred compensation\n Credits operating losses carryovers\n Vesting stock awards\n loss\n Deferred rent tenant allowances\n Deferred gain\n deferred tax assets\n Purchased intangible assets\n Operating lease right-of-use assets\nDeferred revenue (17)\n Employee benefit\n income\n Partnership interest\n deferred tax liabilities (475) (392)\n Net"
}
{
    "_id": "d1b373038",
    "title": "",
    "text": "Income taxes\n Ended December 31,\n 2019 2018\n Federal $ (27) (13\n State local 276 249\n Deferred 533 (461\n $ 782 (225)"
}
{
    "_id": "d1b343c66",
    "title": "",
    "text": "Equity liabilities net debt consolidated financial statements\n Equity €2,735 million €3,074 liabilities €11,762 million,132. Net debt decreased €0. 2 billion €2. 9 billion 30 September 2019 €3. billion.\n Adjustment previous\n.\n Adjusted discontinued operations.\n Equity\n Liabilities 12,132\n Net debt\n Financial liabilities. leases 4,010\n Cash equivalents\n Short-term"
}
{
    "_id": "d1b3229ee",
    "title": "",
    "text": "Additional\n majority assets July 27, 2019 28, 2018. operations. 2019 no customer 10% revenue.\n Property equipment physical location. geographic areas\n 27, 2019 28, 29,\n United States $2,266 $2,487 $2\n International\n $2,789 $3"
}
{
    "_id": "d1b394972",
    "title": "",
    "text": ".\n Company leases land buildings houses vehicles machinery equipment. 5 years. payments region. sub-lease arrangements.\n Land Motor vehicles machinery equipment\n Balance January 1 2019 23,579 1,488 25,687\n Additions 6,475 1,588 8,079\n Modifications reassessments\n Retirements\n Depreciation (6,057) (1,008) (7,333\n Foreign currency translation effect\n Balance December 31, 2019 25,049 2,142 27,547"
}
{
    "_id": "d1b326814",
    "title": "",
    "text": "EXECUTIVE OFFICERS\n Board Directors.\n CHRISTOPHER H. ATAYAN senior executive positions since March 2006, Chairman 2008 Chief Executive Officer October 2006, director since 2004. Senior Managing Director Slusser since 1988 1982. Board Eastek Holdings.\n ANDREW C. PLUMMER President Chief Operating Officer October 2018 Chief Financial Officer January 2007, Secretary 2007 2018. Acting Chief Financial Officer Corporate Controller Manager SEC Compliance. Deloitte Touche.\n CHARLES J. SCHMADERER Vice President Corporate Controller April 2018 Secretary October 2018. Vice President Assistant Secretary Director Financial SEC Reporting. Grant Thornton Master Business Administration).\n Christopher. Atayan Chairman Chief Executive Officer Director\n Andrew. Plummer\n. Schmaderer Vice Corporate Controller"
}
{
    "_id": "d1b33add2",
    "title": "",
    "text": "\n summary\n $201,365 $225,167\n doubtful accounts (1,054)\n product returns (25,897) (11,266)\n $174,414 $212,423"
}
{
    "_id": "d1b392bae",
    "title": "",
    "text": "Financial cash flow\n Capital\n cash inflow $4,709,000 $4,081,000 lower. offset costs. impacted upfront revenue. tax refund $2,327,000 $172,000.\n investing cash $12,337,000. $7,755,000 decrease acquisition iMoney.\n financing cash outflows $3,471,000. $2,839,000 lease payments $497,000 interest. decrease $32,918,000 share buy-backs dividends.\n CASH FLOW 2019 2018\n operating 4,709 46%\n investing (12,337 (39%\n financing (3,471)\n (11,099),316) (77%"
}
{
    "_id": "d1b2f68da",
    "title": "",
    "text": "Interest expense\n unamortized debt discount non-cash 7. 5. 17. 2017 2015 Junior.\n November 2017 Company called redemption $14. 6 million 2007 Junior Debt redemption December 15, 2017 holders. conversion requests received second third quarters 2018. $32. 5 million settled cash issued. 5 million shares common stock. loss conversions $2. 2 million.\n June 2017 exchanged $111. 3 million 2007 Junior Debt. $119. million 3. 2 million shares common stock $254. 6 million $56. 3 million fair value liability $321. 1 million reacquisition equity $374. 0 million. loss settlement $13. 8 million difference liability debt unamortized issuance costs.discount 2017 Junior Convertible Debt $55. 1 million amortized.\n 2017 issued 2017 Senior proceeds $2. 04 billion $567. 7 million. incurred costs $33. 7 million $17. 8 million $3. 4 million amortized. $12. 5 million fees equity. Interest payable semi-annually February 15 August 15.\n 2015, issued 2015 Senior Convertible Debt proceeds $1. 69 billion. costs $30. 3 million $20. 4 million amortized. balance $9. 9 million equity.\n proceeds 2017 2007 Junior Convertible Debt. 2017 settled $431. 3 million $575. 0 million 2007 Debt. 2015 repurchase cash. 2017 cash $431. 3 million 12. million shares common stock $862. 7 million $1.billion repurchase $431. 3 million 2007 Junior Convertible Debt $188. million liability $1. 11 billion equity. February 2017 inducement fee $5. million loss settlement. consideration transferred February 2015 $1. 13 billion $238. 3 million liability $896. 3 million equity. settlements 2007 Junior Convertible Debt allocated liability equity equivalent borrowing rate nonconvertible debt. transactions loss settlement $43. 9 million $50. 6 million 2017 2015, difference fair value liability repurchase carrying values debt unamortized debt issuance costs.\n March\n $12.\n.\n 291.\n Senior Secured Indebtedness 306.\n.\n 112.\n 77.\n Convertible Debt 193.\n2. 4.\n $502. $199. $146."
}
{
    "_id": "d1b3780ba",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n Accrued Expenses Liabilities\n product costs $4,464 $4,377\n income taxes\n property taxes 1,574\n professional fees\n Contract liabilities 2,877,981\n Dividends 1,299\n Remediation reserves 11,444\n liabilities 5,218,165\n $36,378 $37,347"
}
{
    "_id": "d1b30f3ee",
    "title": "",
    "text": "Share Units\n table illustrates WASP award units cash-based awards 2015 LTIP\n vesting two five years no vesting first 12 months.\n Year-ended 31 March 2019 31 March 2018\n share units\n 14,840 316. 215.\n Awarded 8,749 478. 6 453.\n Forfeited 426. 284.\n 309. 218.\n end 15,346 401. 14,840 316."
}
{
    "_id": "d1b2f8694",
    "title": "",
    "text": "2019 Annual LTI Grants. Dev Trezise Andrews Committee granted LTI\n awards February 2019 similar\n 2018. Dev’s 2019 LTI target increased $2,700,000\n CFO 2018. Andrews’ target increased $750,000\n.\n 2019\n increased. Trezise’s LTI target $800,000 unchanged.\n February 28, 2019 Committee granted executives restricted shares RSUs three-year service performance-based shares two installments March 1 2021 2022 2019 Performance Period Adjusted EBITDA Run Rate target 0. 0%-Vested Shares\n Represents granted 2019.\n shares may lower performance.\n Dividends not paid unvested accrue vesting shares RSUs.\ndetermined time-vested performance-based shares grant value volume-weighted average closing price common stock period nearest share. time-vested valued closing price performance-based outcomes SEC. footnote 2 Summary Compensation Table.\n. Storey’s annual grant RSUs.\n 2019 Annual LTI Grants\n Time-vested Performance-based\n.\n Current Executives\n Jeffrey K. Storey(5) 358,884 $5,040,000 538,328 $7,560,000 $12,600,000\n Indraneel Dev 76,904 1,080,000 115,356 1,620,000 2,700,000\n Stacey W. Goff 56,966 800,000\n Scott A. Trezise 22,786 320,000 34,180 480,000 800,000\n Shaun.32,043 450,000"
}
{
    "_id": "d1b39967a",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n. QUARTERLY FINANCIAL DATA\n data December 31, 2019 2018 millions\n Operating expenses Depreciation amortization accretion Selling administrative development expenses.\n Months\n June December\n Operating revenues $1,813. $1,889. $1,953. $1,923. $7,580.\n Costs operations 543. 563. 559. 2,216.\n Operating income 614. 683. 728. 661. 2,688.\n 407. 434. 505. 569. 1,916.\n 397. 429. 562. 1,887.\n 397. 429. 562. 1,887.\n income share.\nincome American Tower Corporation. 89. 96. 12 26."
}
{
    "_id": "d1b35af42",
    "title": "",
    "text": "table restructuring liability September 30, 2019 accrued compensation liabilities Consolidated Balance Sheet\n restructuring costs based estimates. differ. additional incurred changes estimates recognized.\n Employee Separation Consulting Costs\n Balance October 1, 2017 $.\n Accrued costs.\n payments.\n Balance September 30, 2018.\n costs.\n payments.\n Balance September 30, 2019."
}
{
    "_id": "d1b39d34c",
    "title": "",
    "text": "Long-term Incentive Program Performance Share Awards\n December 31, 2017 granted long-term awards. earned three-year goals annual growth sales operating income. 200% LTIP shares earned goals maximum target. quarterly\n nonvested LTIP shares\n December 31, 2019 revised attainment rates LTIP shares sales operating income additional stock-based compensation expense $3. 7 million.\n Shares Expected Attainment Average Date Value\n Nonvested December 31, 2018 540,697 $19.\n Forfeited -56,567.\n 185,339.\n Nonvested December 31, 2019,469 $20."
}
{
    "_id": "d1b367b34",
    "title": "",
    "text": "Cash Equivalents Securities\n increased $485. 5 million to $2,455. 2 million December 2019 1,969. 7 million 2018 public offering stock options.\n market funds repurchase agreements term deposits. bonds corporate bonds commercial paper maturing 12 months December 2019.\n cash equivalents securities operating investing financing activities\n subscription solutions. Shopify Payments fee. fees employee expenditures marketing shipping hosting leased facilities.\n 2019 $70. 6 million. net loss $124. 8 million $158. million stock compensation expense $35. million amortization depreciation $37. deferred income taxes. merchant cash advances loans foreign exchange loss $3. 2 million $50. 4 million positive cash flows. Additional cash $162.$84. million $64. million income tax $12. million deferred revenue $1. million lease. offset $142. million $74. 2 million $56. million trade receivables $12. 4 million assets prepaid expenses.\n $9. 3 million. net loss $64. 6 million $95. million stock compensation $27. million amortization depreciation $5. million foreign exchange loss $1. 3 million $65. 4 million positive cash. Additional $38. 1 million $20. million accounts payable $9. million deferred revenue $8. 4 million lease. offset $94. 2 million $50. million cash loans $32. million trade receivables $10. million assets.\nCash flows investing securities business leasehold improvements computer equipment software development.\n Net cash December 2019 569. 5 million $265. 5 million business acquisitions 6RS acquisition $241. 6 million securities $ 56. 8 million property equipment $5. 6 million software.\n cash December 31, 2018 $810. 6 million purchases $749. 7 million securities. $28. 0 million property $19. 4 million business $13. 6 million software.\n private placements public offerings stock options.\n December 2019 $736. 4 million $688. 0 million September 2019 public offering $48. 3 million Class A. $1,072. 2 million 2018 $1,041. 7 million February December public offerings remaining $30. 5 million stock option exercises.\n\n securities $2,455,194 1,969,670\n Operating $70,615 $9,324\n Investing,475),633\n Financing 736,351 1,072,182\n foreign exchange\n 239,233 269,006\n securities 246,291 762,625\n $485,524 $1,031,631"
}
{
    "_id": "d1b316f0e",
    "title": "",
    "text": "Free Cash Flow. represents net cash operating activities minus capital expenditures software development costs. performance future plans.\n exclusion capital expenditures-developed software excludes. not calculated GAAP. provides information investors results.\n limitations substitute financial results GAAP. consider alongside GAAP financial performance measures results. table reconciliation free cash flow net cash\n 2017\n Net cash activities $10,317  $3,295 $4,863\n Capital expenditures (5,269) (1,721) (1,667)\n Capitalized software development costs (7,819) (8,499) (6,160)\n Free cash flow $(2,771) $(6,925) $(2,964)"
}
{
    "_id": "d1b369e02",
    "title": "",
    "text": "EXPENSES\n Transaction costs bank handling channel distribution costs.\n 2019 Group incurred research development RMB30,387 million (2018 RMB22,936 employee benefits RMB24,478 million,088 million.\n share-based compensation RMB10,500 million (2018 RMB7,900 million.\n No development expenses 2019 2018.\n amortisation intangible assets media contents.\n RMB1,051 million (2018 RMB524 million.\n Transaction costs 85,702 69,976\n Employee benefits\n Content costs 48,321\n 28,954\n Bandwidth server custody fees 16,284\n Depreciation\n Promotion advertising expenses,405\n Travelling entertainment expenses\n Auditor’s remuneration\n Audit services\nNon-audit services"
}
{
    "_id": "d1b34b240",
    "title": "",
    "text": "table provides detail amounts reclassified AOCL\n components derivative hedging activities. See Note 15 Hedging Activities Consolidated Financial Statements details.\n millions 2019 2018 2017 Amount Reclassified AOCL\n benefit pension plans post benefits\n Prior service credits.\n Actuarial losses (4.\n pre-tax amount (4. income\n Tax benefit.\n tax.\n gains (losses cash flow hedging derivatives\n Foreign currency forward contracts. Cost sales\n Interest rate currency swaps.\n Treasury locks. Interest expense\n pre-tax amount.\n Tax (expense benefit.\n tax.\n reclassifications period (2. 5. (7."
}
{
    "_id": "d1b35ed0e",
    "title": "",
    "text": "Deferred Compensation Plan\n Company non-qualified unfunded deferred compensation employees receipt compensation retirement. returns. administrative expenses. deferrals gains losses liabilities subject claims creditors.\n liabilities recorded at fair value. Changes value included operating expense Consolidated Statements Operations. manages risk with investments life insurance policies mutual funds market funds. investments recorded fair value. Changes included in interest income Consolidated Statements Operations. deferred compensation plan balances Consolidated Balance Sheets\n Deferred compensation plan asset components\n Cash surrender value life insurance policies $16,883 $13,103\n Fair value mutual funds money market funds 21,975 18,867\n $38,858 $31,970\n assets\n$38,858,970\n Deferred compensation\n compensation $425\n liabilities 39,665 32,283\n $40,090"
}
{
    "_id": "d1b36580c",
    "title": "",
    "text": "securities excluded from diluted common shares\n Participating securities stock options 2015 Plan 2009 Equity Incentive Plan exercised before options vested. Unvested shares non-forfeitable right to dividends. repurchase termination at original exercise price. repurchase right lapses.\n redeemable noncontrolling interest 85% equity OpenEye. agreement put option sell shares. call option purchase remaining shares. options exercised first quarter 2023. temporary equity. net income loss recorded in consolidated statements operations.\n Ended December 31,\n 2017\n Stock options 223,259 229,294 258,917\n Restricted stock awards\n units 136,600 148,175 188,050\n Common stock subject to repurchase 250 957 13,281"
}
{
    "_id": "d1b31b5e0",
    "title": "",
    "text": ". operating expenses\n logistics METRO LOGISTICS offset.\n 2017/2018 2018/2019\n Expenses logistics services 272 254\n Losses disposal fixed assets\n losses goodwill\n Miscellaneous\n 293"
}
{
    "_id": "d1b3515fa",
    "title": "",
    "text": "Cash Resources table financial condition\n net working capital improved $18. 0 million December 31, 2019 elimination quarterly dividend $27. 6 million decrease accrued compensation $7. 4 million.\n offset current lease liabilities $6. 2 million 2019 ASU No. 2016- 02 Leases. impacted decline accounts receivable $13. 1 million 2018.\n significant use funds 2020 interest payments indebtedness $125. 0 million $130. 0 million principal payments debt $18. 4 million capital expenditures $195. 0 million $205. 0 million.\n dividend savings reduce debt repurchase Senior Notes. debt debt agreements.\n cash flows borrowings credit twelve months.\n future operations performance cash flow. economic conditions financial business regulatory legislative factors.\naccess cash flows subsidiaries parties borrowing agreements restrictions dividends intercompany loans investments likely restrictions.\n future agreements restrict dividends advance cash.\n business plans projections change require additional financing. include bank borrowings strategic debt financing sales nonstrategic assets vendor financing sales equity debt securities.\n no assurance cash flows revenue growth future borrowings equity issuances. Failure financing reduce operations capital expenditures financial condition results.\n December 31,\n 2019 2018\n Cash equivalents $ 12,395 $ 9,599\n Working capital (deficit) (67,429) (85,471)\n Current ratio 0. 72. 70"
}
{
    "_id": "d1b2fec7e",
    "title": "",
    "text": "Hilli LLC\n impacts income cash\n income\n Liquefaction services revenue 218,096 127,625\n oil derivative instrument (26,001 16,767\n cash flows\n debt repayments (243,513) (30,300\n debt receipts 129,454"
}
{
    "_id": "d1a71da5e",
    "title": "",
    "text": ". Personnel expenses\n salaries restructuring severance payments €23 million €19 million. variable remuneration €52 million 2017/18 €81 million 2018/19. long-term remuneration €7 million €16 million.\n Wages salaries 2,173\n Social security post benefits\n"
}
{
    "_id": "d1b3669c8",
    "title": "",
    "text": "outstanding debt December 31, 2018\n Note 13 Item 8 Annual Report Form 10-K disclosures.\n December 31, 2018\n Gross Carrying Amount Unamortized Discount Deferred Financing Costs\n 2021\n 2022\n 2026\n 2027\n 2047\n Total debt $2,700 $2,671"
}
{
    "_id": "d1b313ad4",
    "title": "",
    "text": "Unfunded Status\n unfunded Combined Pension Plan post-retirement benefit plans\n current-retirement obligations recorded balance sheets accrued expenses liabilities benefits.\n Combined Pension Plan Post-Retirement Benefit Plans\n Years Ended\n millions\n Benefit obligation $(12,217),594 (3,037),977\n assets 10,493\n Unfunded (1,724) (1,561\n Current\n Non-current(1,724)"
}
{
    "_id": "d1b31b176",
    "title": "",
    "text": ". Expenses Liabilities\n purchases $4,328 $1,679\n legal fees 3,860 3,380\n advertising costs\n Symphony 3,517 3,394\n roadside assistance costs 1,709\n telephone charges 1,605\n derivatives 251 2,859\n restructuring 976\n rent 3,283\n 10,259\n $29,330 $31,235"
}
{
    "_id": "d1b33bf5c",
    "title": "",
    "text": "Software Development Costs\n capitalize purchased software acquisition internal-use or future alternative use criteria. capitalize labor costs technological feasibility preliminary until available release. Research development software maintenance costs expensed incurred.\n estimate useful life capitalized software amortize value over. If shorter amortize remaining value or impaired write-down charge to earnings.\n availability release amortization capitalized software costs product. Amortization recorded ratio current revenues to future revenues straightline method estimated economic life three to five years.\n balance sheet unamortized capitalized costs compared with net realizable value. future revenues reduced by costs maintenance client support.\n unamortized capitalized costs exceed net realizable value written off. write-down recorded charge to earnings. unamortized balances software\n,641 $317,637\n amortization,977\n $243,929 $209,660"
}
{
    "_id": "d1b375b44",
    "title": "",
    "text": "\n table summarizes 2019\n aggregate intrinsic value options less $1 million.-average contractual term 0. 18 years.\n cash proceeds less $1 million. tax benefit less $1 million. total value 2019 2018 2017 less $1 million.\n-Average Exercise Price\n Exercisable December 31, 2018.\n.\n Forfeited/Expired.\n Exercisable 31, 2019."
}
{
    "_id": "d1b3018d4",
    "title": "",
    "text": ". Stock-Based Compensation\n 2014 RSU Plan restricted stock 3,000 units. unit converts share stock\n. fair value awards determined closing market price common stock.\n 2018 2019 292 315 awards granted. stock activity\n Performance-based awards vest year after grant. Service-based awards vest one-third annually\n grant date. amortized over grade-vesting periods. total unrecognized compensation costs\n $1,476 at March 31, 2019.\n four fixed stock option plans. 2004 Stock Option Plan\n 10,000 shares. 2004 Non-Employee Directors’\n 1,000 shares. No awards after August 1, 2013. 2014 Stock Option Plan\n 10,000 shares.\n. exercise price not less\n market price stock grant maximum term 10 years. 2004\n vest 25% annually\nOption Plan one-third annually. service grant date. March 31, 2019 12,447 shares\n common stock future issuance options.\n Value Share\n Non-vested March 31, 2018 $16.\n Granted.\n.\n Cancelled forfeited.\n Non-vested 2019 $15."
}
{
    "_id": "d1b3603a2",
    "title": "",
    "text": "FINANCIAL STATEMENTS data\n liability-driven investment strategy equity fixed-income investments interest rate mismatch return pension liabilities. Risk plan liabilities funded status. portfolio diversified equity fixed. private equity returns portfolio diversification. risk measured monitored quarterly reviews annual liability measurements/liability studies.\n table pension plan assets\n common stocks industries. shift investments value growth large objectives long-term growth volatility protect erosion purchasing power.\n short-term money-market funds.\n partnerships U. international industries.\n long-term government bonds maturity 10 years zero-coupon Treasury securities 20 years.\n investment grade U. corporate bonds 10 years. high-yield emerging market debt. bank loans.\n investments securities U. non-U. Sestate trusts companies real estate. redeemed valuation notice fifteen days before.\n investments measured fair value NAV per share. not classified fair value hierarchy. reconciliation pension plan assets.\n December 31,\n Equity securities. $24,586 $20,469\n Equity funds.\n Bond funds 33,991 19,146\n 207,901 202,393\n Real 2,979 2,652\n Cash 5,700\n Partnerships(3) 7,539 9,172\n fair value assets $282,696 $259,752"
}
{
    "_id": "d1b3542a0",
    "title": "",
    "text": "Earnings Per Share\n computed Net earnings Black Knight weighted-average shares common stock.\n dilutive securities include unvested restricted stock awards BKFS Class B common stock. December 31, 2017 diluted earnings adjusted income tax expense conversion BKFS B A. effective tax rate December 2017 (16. 7)%, deferred income tax liability. includes 63. 1 million shares BKFS Class B common stock. dilutive effect 0. million. shares unvested restricted shares December 2019 2018 2017.\n BKFS Class B earnings losses Black Knight not participating. diluted net earnings per share presented.\n computation earnings\n Year December\n Net earnings Black Knight $108. $168.\n earnings\n Weighted average shares common stock 147.\nearnings share. 74 $1. $2.\n taxes equity losses unconsolidated affiliates $192.\n tax noncontrolling interests.\n $224.\n Black Knight $108. $168.\n diluted earnings\n shares common stock 147. 88.\n unvested shares\n.\n shares BKFS Class common stock 63.\n 148. 148. 152.\n earnings share $0. 73 $1."
}
{
    "_id": "d1b2eed56",
    "title": "",
    "text": "\n equipment spares. 1.\n proceeds patent litigation arbitration settlements (€159 million equipment revenue.\n December\n Equipment 631,504 1,068,645\n Spares service 186,577 215,215\n 818,081 1,283,860"
}
{
    "_id": "d1b3a42f0",
    "title": "",
    "text": "Company reviews valuation allowance recognizes benefits deferred tax assets ASC 740. decrease revenue profitability 2019. domestic tax assets valuation allowance against established third quarter 2019. deferred tax assets may adjusted evidence.\n December 31, 2019 deferred tax assets $56. 2 million offset by valuation allowance $48. 6 million. $42. 8 million domestic tax assets. remaining $5. 8 million state research development credit carryforwards foreign net operating loss credit carryforwards. remaining $7. 6 million not foreign jurisdictions.\n Supplemental balance sheet information\n December 31, 2019 2018 assets foreign domestic loss carry-forwards research development tax credits unamortized research development costs state credit carryforwards totaled $41. 3 million $28. 8 million. December 31, 2019.1 million deferred tax assets expire 2020 2039. remaining amortize 2029 carryforward indefinitely.\n December 31, 2019 2018 cash equivalents $73. 8 million $105. 5 million short-term investments $33. 2 million $3. 2 million-term liquidity $107. 0 million $108. 7 million. foreign subsidiaries held cash $52. 3 million $87. 1 million 48. 9% 80. 1% short-term liquidity liquidity. reinvest funds outside. tax. tax.\n 2019 2018 2017 no income tax benefit stock options.\n December 31, 2019\n Deferred Tax Assets\n Domestic $46,266\n International 9,911\n $56,177"
}
{
    "_id": "d1a739e3e",
    "title": "",
    "text": "Liquidity risk\n policy maintain strong capital base investor market confidence sustain future development.\n liquidity needs affected factors uncertainties global economy semiconductor industry. cash requirements fluctuate sources liquidity current requirements capital expenditures 2020.\n return cash dividend payments share buybacks.\n contractual obligations December 31, 2019.\n short-term lines credit €150 million. outstanding nil undrawn portion €150 million. standby revolving credit facility €150 million available through December 16, 2023.\n flexible delivery schedules delivery.\n 1-5 years\n Accounts payable 119,712\n Income tax payable 34,599\n Accrued expenses payables 149,843\n Lease liabilities 24,261\n Pension liabilities 7,734\n Purchase obligations\n100,694 99,546\n Capital 43,692 40,745\n obligations 480,535 451,755"
}
{
    "_id": "d1b38c812",
    "title": "",
    "text": "effects differences income expense deferred tax\n December 31, 2019 2018 Company had $521. 9 million $768. 9 million federal NOL carryforwards before benefits Section 382. decrease utilization. expire 2024 to 2036 small portion 2017 indefinitely.\n December 31, 2019 2018 $134. 5 million $83. 7 million federal credit carryforwards Section 383. expire 2028 to 2039.\n December 31, 2019 2018 $825. 8 million $801. million state NOL carryforwards. expire 2020.\n states NOL carryover 2017. NOLs 2017 carry forward indefinitely. December 31, 2019 2018 $138. 6 million $115. 8 million state credit carryforwards before. 2020.\n December 31, 2019 2018 $757.1 $734. 4 million foreign NOL carryforwards before valuation. 2020. 2025.\n December $76. million $68. 8 million foreign credit carryforwards before. majority expire 2026.\n valuation allowance $186. 3 million Japan NOLs 2020 to 2024. full valuation allowance. state deferred tax assets foreign NOLs tax credits jurisdictions.\n Net operating loss tax credit carryforwards $612. $584.\n interest expense carryforward.\n Tax-deductible goodwill amortizable intangibles.\n research development expenses.\n Reserves accruals.\n Property equipment.\n.\n Undistributed earnings foreign subsidiaries.\n Share-based compensation.\n.\n.\n Deferred tax assets liabilities before valuation allowance 605.\n.\ndeferred. $211."
}
{
    "_id": "d1b34cdfc",
    "title": "",
    "text": "FINANCIAL RESULTS\n 2019 foreign exchange rate 1. 3255 USD/CDN.\n 2018 restated IFRS 15 change accounting policy. policies.\n 2019 translated average exchange rate 1. 2773 USD/CDN.\n REVENUE increased 22. 4% (17. 9%. US$782. 3 million US$662. 3 million 2018. MetroCast rate increases Internet FiberLight acquisition video service. increased 5. 2%.\n OPERATING EXPENSES increased 19. 5% (15. 2% MetroCast rate FiberLight compensation expenses marketing initiatives non-recurring costs $3. 1 million$2. 5 million hurricane Irma.\n EBITDA increased 26. 1% (21. 5%. US$351. 3 million US$288. 4 million 2018. MetroCast FiberLight acquisitions organic growth.MetroCast FiberLight acquisitions costs $3. million$US2. 5 million hurricane Irma EBITDA increased. 7% 2019.\n acquisitions decreased. 4%. dark fibres Florida FiberLight $21. 2 million (US$16. 8 million 2018 capital expenditures MetroCast acquisition expansion Florida. capital intensity 18. 6% 25. 1% 2018 lower capital expenditures revenue growth.\n Foreign exchange impact\n Revenue 1,036,853 847,372.\n Operating expenses 571,208,172.\n Adjusted EBITDA 465,645 369,200.\n Margin 44. 9% 43. 6%\n Acquisitions property plant equipment 192,605 212,580.\n Capital intensity 18. 6% 25. 1%"
}
{
    "_id": "d1a7376e8",
    "title": "",
    "text": ". Registrant’s Common Equity Purchases Securities\n common stock traded New York Stock Exchange. tabulation high low sales prices cash dividends share.\n June 13, 2019 Board Directors dividend $0. 11 share stock July 26,. June 18 holders 397.\n Dividends\n Year Ended April 27, 2019\n First Quarter $45. $37\n Second Quarter.\n Third Quarter.\n Fourth Quarter.\n Year Ended April 28, 2018\n First Quarter.\n Second Quarter.\n Third Quarter.\n Fourth Quarter."
}
{
    "_id": "d1b2f6042",
    "title": "",
    "text": "Uncertain Tax Positions\n uncertain tax recognized largest amount-likely. recognized less 50% likelihood.\n table unrecognized tax benefits fiscal years 2019 2018 2017\n tax benefits 30 2019 $1. 6 million effective tax rate. substantial change benefits twelve months.\n interest penalties. September 30 2019 no accrued interest penalties uncertain tax positions recorded consolidated financial statements.\n Company subject to income taxation. federal state levels. years. unutilized losses tax credits. subject foreign income taxes. federal tax return September 30 2017 under examination. not under examination other taxing authorities.\n Gross unrecognized tax benefits year $1,321\n Additions tax positions current year\n Additions prior years\n Reductions\n Tax settlements\nunrecognized tax $1,607,321,181"
}
{
    "_id": "d1b347d5c",
    "title": "",
    "text": ". Property equipment\n Depreciation amortization $80. 2 million $81. 2 million $75. 9 million 2019 2018 2017.\n Company capitalizes compensation cost. capitalized $10. 7 million. 5 million $9. 7 million. infrastructure costs.\n exchanged used equipment new equipment. $3. 3 million $3. 2 million $9. 1 million gains $1. million $1. $3 million.\n. equipment interest free note obligations twenty-four month term. no payments first six months eighteen payments. December 31, 2019 2018 $12. 5 million $11. 2 million note obligations outstanding equipment. recorded assets purchased value imputed interest rate. discounts $0. 4 million. million amortized interest rate method.\n assets\n Network equipment $566,936 $538,761\nLeasehold improvements 227,388 214,495\n 134,726 124,018\n 18,169\n 958 905,333\n depreciation amortization,356\n leases\n,170,170\n depreciation (207,820),822)\n 200,350 206,348\n $368,929 $375,325"
}
{
    "_id": "d1b30b4b0",
    "title": "",
    "text": "Cash\n. GAAP measures\n cash flow provides information financial condition uses. use excess cash capital equipment acquisition opportunities dividend payments. not. GAAP measure not cash flows. GAAP.\n Fiscal Year\n millions 2019\n Net cash operating activities $232. $209. $130.\n Purchases property plant equipment software (180. (135. (98.\n Acquisition businesses cash (79. (13. (35.\n Proceeds divestiture business 12.\n disposals property plant equipment assets.\n sale equity investment 6.\n insurance recovery.\n Dividends paid (38.\n Free cash flow $(53. $34.(16."
}
{
    "_id": "d1b3b3a70",
    "title": "",
    "text": "Cash Flow Hedges\n Company interest rate swap agreements variable rate senior secured loans. reduce variability interest payments based LIBOR. variable interest LIBOR fixed rate.\n February 2018 interest swap agreements $250 million. $1. 1 billion maturity December 2021 fixed interest rate 1. 08%.\n $300 million $250 million maturity August 2022 fixed interest rates 1. 66% 2. 59%. counterparties financial institutions.\n September 2018 terminated interest rate swaps. net derivative gain $60 million reclassified into earnings.\n September 2018 new interest rate swap agreements cash $1. 5 billion Loans. maturity August 2025 fixed interest rate 3. 00%.\n. gain (loss) reclassified earnings interest payments impact earnings. hedge effectiveness quarterly.\neffect cash flow hedges income earnings\n reclassify gains $1 million earnings next 12 months.\n January 3, 2020 December 28, 2018 December 29, 2017\n Total interest expense statements $133 $138 $140\n income $(55) $ $10\n reclassified loss earnings 12 months."
}
{
    "_id": "d1b353684",
    "title": "",
    "text": "table shows impacted ASC Topics 606 340-40 Balance Sheet January 31, 2019\n Short long assets ASC Topic expenses\n deficit adjustment $179. million ASC Topic 606 340-40 February 1 2018.\n net cash investing\n ASC 606 340-40\n Current assets\n receivable $474. $73. $547.\n Prepaid expenses assets 192. 112.\n Deferred income taxes 65. 72.\n Other assets 337. 319.\n DEFICIT Current liabilities\n Deferred revenue 1,763. 140. 1,903.\n Other accrued liabilities 142. 144.\n Long-term deferred revenue 328. 37 365.\n-term income taxes 21.\n deferred 79. 73.\n Stockholders’ deficit\ndeficit,147. 4). 5)."
}
{
    "_id": "d1b356f0a",
    "title": "",
    "text": ". Employee Performance Rights Plan\n approved AGM 23 November 2017. awards executives performance. awards performance rights over shares three years performance measures continuous employment. one share rank equally.\n rights valued KMP Note 16(d).\n. vesting date rights 2 July 2017 2 July 2018 Board notifies outcomes performance. likely 31 August 2020 31 August 2021.\n No rights vested lapsed. issued 30 June 2018 355,316 2 July 2017.\n average life rights 1. 77 years. 17 years.\n Performance rights 30 June 2019\n Grant Date Vesting Fair Value per Right Rights Granted. 30/6/2019\n 2 2017 31 Aug 2020.\n 31 Aug 2021.\n"
}
{
    "_id": "d1b355ee8",
    "title": "",
    "text": "Segment Results\n three reportable Blizzard King. Chief Executive Officer. reviews performance deferred online-enabled games share-based compensation amortization fees financings restructuring costs non-cash charges. total assets no disclosure.\n segments consistent with organizational structure performance resources financial information. aggregate segments.\n reportable net revenues operating income\n Intersegment revenues reflect licensing service fees segments.\n December 31, 2018\n Blizzard\n Revenues\n Net revenues external customers $2,458  $2,238  $2,086  $6,782\n Intersegment net revenues\n revenues $2,458 $2,291 $2,086 $6,835\n operating income $1,011 $685 $2"
}
{
    "_id": "d1b3af434",
    "title": "",
    "text": "Intangible assets\n technologies relationships trade names. lives two to seven years. 2019 2018\n Amortization expense $7. million $4. million. million 2017 recorded statements.\n Amortization\n Completed technologies. 4 years $20,341 $7,104 $13,237\n Customer relationships 4. 8 years\n Trade names 4. 5 years\n Total intangible assets $38,587 $14,182 $24,405"
}
{
    "_id": "d1b32441a",
    "title": "",
    "text": "Liquidity Capital Resources\n cash balances investments liabilities capital expenditure expense finance lease interest debt payments. liabilities capital expense lease interest debt.\n consolidated cash flows.\n Net Cash Operating Activities. receipts customers. vendors employees interest payments finance lease vendors note holders. changes profit interest payments. interest payments note obligations $38. million $32. 7 million $30. 8 million.\n Cash Investing Activities. purchases property equipment. $47. million $49. 9 million $45. 8 million 2019 2018 2017. changes network expansion. 2017 obtained $11. 3 million $9. 9 million $9. million equipment software non-cash installment.\n Cash Financing Activities. dividend payments stock purchases principal payments finance lease obligations.stock buyback program $6. million 2018 $1. 8 million 2017. no stock purchases 2019. paid $112. million $97. 9 million $81. 7 million quarterly dividend. increased. finance lease obligations $9. million $10. 3 million $11. 2 million 2019 2017 impacted network expansion. debt offerings. 2019 $152. million €135. million 2024 Notes. August 2018 $69. 9 million $70. million senior secured notes. payments $10. million $9. 4 million $3. 8 million 2019 2018 2017.\n $ 148,809\n investing\n financing\n exchange rates cash\n cash equivalents\n $ 123,329"
}
{
    "_id": "d1b2e819a",
    "title": "",
    "text": "SG&A costs 2018 $222. million increase $5. 7 million $216. 3 million 2017. table shows twelve months October 31, 2018 2017.\n change start-up expense relates. Non-construction expenses labor training recorded start expense until operations. start-up expenses. increase. expenses increase until production. production expenses recorded costs goods sold. increase legal expenses attributable defense II Item 3. Legal. increases trainee expense administrative salaries personnel growth plans. decrease bonus expense not. decrease ESOP expense difference 2018 2017. increase SG&A expenses net increase.\n General Administrative Costs\n Twelve months October 31, 2018 2017 Increase\n Start-up expense (Tyler, Texas complex $13,394 12,991\nLegal 17,573,879\n 68,863 61,847\n Administrative salary 42,288 36,193\n Trainee 21,553 16,182\n aircraft 2,167\n Stock compensation 15,702 16,952\n Marketing 32,624 34,272\n Start-up. 4,022\n Bonus 15,098\n Employee Stock 2,000 18,000\n $221,965 $216,303"
}
{
    "_id": "d1a7250b0",
    "title": "",
    "text": "table summarizes dilutive shares excluded-average\n Company convertible notes excess Common uses treasury stock method dilutive effect conversion spread net income. income average market price Stock exceeds conversion price $81. 45 per share.\n Ended December 31,\n Shares stock equity incentive plans 6,832 10,806\n Convertible senior notes 1,905\n shares excluded diluted net loss share 8,737 9,022 10,806"
}
{
    "_id": "d1b395dea",
    "title": "",
    "text": "Employee Share Ownership Plan\n cost shares intu properties plc Trustee ESOP deduction equity.\n purpose ESOP acquire hold shares transferred employees employee incentive arrangements 7 joint ownership. 2019 no dividends waived (2018 £1. 6 million.\n Shares million\n 1 January 11. 37. 11. 39.\n.\n (1. (3.\n 31 December 10. 33. 11. 37."
}
{
    "_id": "d1b2fab74",
    "title": "",
    "text": "income tax provision 2019 2018 2017\n loss foreign net operating loss carry-forward $0. 3 million\n future income. expires 2025. valuation allowance\n.\n tax credit carry-forwards $5. 1 million offset future state tax.\n expire 2020 2029. deferred tax $4. 0 million\n. valuation allowance $1. 8 million\n.\n December 31, 2019 $58. 2 million undistributed earnings profits.\n taxed income. taxes\n. reinvested no\n local withholdings taxes\n taxes.\n Ended December 31,\n 2018 2017\n Federal $ 18,682 22,606 53,998\n State 5,711 6,182 6,595\n Foreign 7,323\n 66,778\n Deferred\n Federal (863 (3,127 1,590\n State (326\nForeign (212\n,265 1,574\n 30,315 31,541 68,352"
}
{
    "_id": "d1a7138d8",
    "title": "",
    "text": "Contractual Obligations\n table summarizes obligations March 31, 2019 effect liquidity cash flows\n Operating lease obligations $18. 1 million future payments liability. Atmel San Jose California.\n Capital purchase obligations construction property equipment. not liabilities received goods title.\n obligations licenses purchase commitments wafer foundries.\n Term Loan Facility matures May 29, 2025.\n principal 2023 revolving loans paid May 18, 2023.\n principal 2017 senior convertible debt February 15, 2027.\n 2015 Senior Convertible Debt February 15, 2025.\n 2017 Junior Convertible Debt February 15, 2037.\n pension obligations 5 years payments 2025 2029. excludes subsequent 2029.\n 2018 recognized-time transition tax unrepatriated foreign earnings estimated $644. 7 million U. tax reform.December 31, 2018 increased amount $13. 1 million to $657. 8 million expect cash payments $280. 7 million tax carryforwards. first payment $35. 0 million September 30, 2018 expect future cash payments $245. 7 million. tax paid eight years 8% transition tax 2019 2023 15% 20% 25% 2024 2025 2026.\n contractual obligations include uncertain tax positions.\n Purchase orders raw materials commitments wafer foundries not included table. amount. contractual obligations enforceable binding terms quantities price provisions timing. purchase orders manufacturing needs fulfilled vendors short time horizons. agreements minimum quantities prices three months. contracts outsourced services obligations not significant cancellation penalty.\n expected timing estimated current information.payments amounts receipt goods obligations.\n Payments\n Less 1 – 3 years 5\n Operating lease obligations $167. $49. $68. $27. $22.\n Capital purchase obligations 18.\n purchase obligations commitments 205. 194.\n Loan Facility 2,435. 72. 174. 2,013.\n Revolving Credit Facility 3,879. 294. 3,438.\n 2021 Notes 2,293. 1,145. 1,065.\n Convertible Debt 2,339. 2,170.\n Convertible Debt 1,893. 56 1,753.\n Convertible Debt 964. 30. 886.\n Pension obligations 20.\n Transition tax obligation 245. 64 126.\n contractual obligations $14,461. $652. $1,895.$4,927."
}
{
    "_id": "d1b396b78",
    "title": "",
    "text": "failed-sale-leaseback accounting consolidated results December 31, 2018\n costs data centers colocation sale $20 million gain proceeds assets sold liabilities assumed. loss $102 million pre-tax cash proceeds financing obligation. net loss $82 million included selling administrative expenses consolidated statement December 31, 2017.\n November 3, 2016, ceased recording depreciation property equipment amortization assets. additional depreciation amortization $67 million January 1 2017 May 1, 2017.\n adopting ASU 2016-02 accounting failed sale leaseback applicable real estate assets financing obligation derecognized from consolidated financial statements. Note 1— Background Accounting Policies impact failed-sale-leaseback.\n Impact Net Income\n December 31,\n millions\nrevenue $74\n cost sales 22\n loss sale business (102)\n depreciation-time (44)\n (69)\n interest (55) (39)\n income tax 65\n net income(21)"
}
{
    "_id": "d1b39a6ce",
    "title": "",
    "text": "Contractual Obligations Liabilities\n commitments operating financing leases offices colocations servers network infrastructure data center operations. commitments December 31, 2019\n Finance leases servers network infrastructure data center operations.\n severance agreements employees $6. 4 million terminated.\n Payments Due Ending December 31, 2020\n 1 2 3 4 5\n Operating leases 12,807 3,519 5,102 4\n Finance leases 2,165 1,423\n Total contractual obligations $ 14,972 $ 4,942 5,838 4,192"
}
{
    "_id": "d1b31ed3a",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n information assets years December 31,\n assets Right-of-use new lease accounting standard.\n Balances translated exchange rate comparability.\n include corporate assets cash equivalents tangible intangible income tax accounts.\n. $22,624. $18,782. $19,032.\n Asia 5,307. 4,770\n Africa. 1,929.\n Europe 1,535. 1,438\n Latin America 8,125. 5,594. 5,868.\n.\n 470.\n Total assets $42,801. $33,010. $33,214."
}
{
    "_id": "d1b390a2a",
    "title": "",
    "text": "Prepaid expenses assets\n December 31, 2019 2018\n November 2014 February 2016, term convertible Clean Energy Collective. term 16% convertible 10%. 2018 amended maturity June 2020 waive conversion features increase interest. January 2019 loss representation board. equity. December 31, 2019 balance $23. 9 million expenses assets. December 31, 2018 $22. 8 million receivable.\n Note. Financial.\n Prepaid expenses $137,927 $90,981\n income taxes. 47,811 59,319\n Indirect tax receivables. 29,908 26,327\n Restricted cash 13,697 19,671\n Notes receivable 23,873 5\n Derivative instruments. 1,199\n current assets 22,040,203\n $276,455 $243,061"
}
{
    "_id": "d1b334a2c",
    "title": "",
    "text": "cash flow information years December 31,\n cash flows fund operations investments tower maintenance communications construction network installations land. distributions REIT taxable income. repay repurchase indebtedness equity. fund international expansion cash debt equity contributions.\n April 2019 Tata Teleservices Tata Sons Limited\n put options Indian subsidiary ATC TIPL\n. expect pay INR\n 24. 8 billion $347. 6 million 31, 2019 redeem put shares first half\n 2020. Eaton Towers Acquisition\n April 2019 Tata Teleservices Sons Limited options. pay INR 24. 8 billion $347. 6 million redeem put shares first half 2020.closing Eaton Towers Acquisition April 2019 Tata Teleservices Tata Sons Limited minority holders options holdings subsidiary ATC TIPL. pay INR 24. 8 billion $347. 6 million redeem shares first half 2020. agreement MTN acquire noncontrolling interests Ghana Uganda $523. 0 million. transaction first quarter 2020 approval. 2019 Tata Teleservices Sons options TIPL. pay INR 24. 8 billion $347. 6 million redeem put shares 2020. closing Eaton Towers Acquisition\n December 31, 2019 outstanding indebtedness $24. 2 billion current portion $2. 9 billion. sufficient cash flow capital expenditures debt service obligations distributions. cash 2020 borrowing capacity fund distributions capital expenditures debt obligations acquisitions.December 31, 2019 $1. 3 billion cash equivalents foreign subsidiaries $583. million ventures. subsidiaries pay interest debt repatriate earnings expansion capital. accrue taxes.\n cash\n Operating $3,752. $3,748. $2,925.\n Investing (3,987. (2,749. (2,800.\n Financing 521. (607. (113.\n currency exchange rates equivalents (13. (41.\n increase $273. $350. $18."
}
{
    "_id": "d1b3443e6",
    "title": "",
    "text": "Orders Digital Industries declined lower demand factory automation motion control adverse market conditions automotive machine building. offset growth process automation moderate increase software currency volume acquisitions.\n drivers revenue growth declines. orders declined Europe. S. Africa Middle East Americas offset increase Asia Australia. Revenue rose regions. software EBITA double-digit increase.\n expenses offset € 50 million gain equity investment. process automation moderate increase higher revenue. lower declines short-cycle. Severance charges € 92 million 2019 € 75 million. order backlog € 5 billion € 4 billion converted revenue 2020.\n Digital Industries market momentum. demand investment goods eroded. regions impacted suffered. process industries industries low demand. automotive industry hit production cuts Europe weak demand China.impacted machine building industry Germany Japan.\n pharmaceutical chemicals industries flattened\n 2019 automotive. food beverage industry grew modestly electronics semiconductor production expanded prices pressure. 2020 market Digital Industries weaken. Manufacturing investments decrease stabilize. decline investment sentiment trade tensions expectations cautiousness. weakening growth China spillover Asian\n Europe.\n Fiscal year\n.\n Orders 15,944 16,287\n Revenue,087 3 %\n software business 4,039\n Adjusted EBITA 2,880 2,898\n margin. %. %"
}
{
    "_id": "d1b36783c",
    "title": "",
    "text": "Intangible Assets\n remaining $152 December 31, 2019 amortized 2020.\n $ 44\n Customer lists intangibles 4,529\n relationships\n Trade names 2,248\n 8,244\n Accumulated amortization\n Intangible assets $ 152"
}
{
    "_id": "d1a72135c",
    "title": "",
    "text": "table impairment charges\n Restructuring costs $2. 2 million lower severance expenses. Costs restaurants increased $3. 8 million $3. 5 million charge. Gains property increased $7. 9 million $5. 7 million sale. million eminent domain.\n Note 9 Impairment Charges.\n Restructuring costs $8,455 $10,647\n closed restaurants 8,628\n losses property (6\n Accelerated depreciation\n Operating restaurant impairment charges\n $12,455 $18,418"
}
{
    "_id": "d1b334f90",
    "title": "",
    "text": "6. Financial Data\n statements 7 Financial 8 Financial Statements Data Annual Report Form 10-K. historical not future.\n 2018 2017 adjusted new standard Revenue Contracts 606). Note 7 Revenue Financial Statements.\n 2019 27, 2018 28, 2017 29, 2016 24, 2015\n Cash equivalents short-term investments $ 3,899 $ 5,391\n Working capital $ 1,743 3,421\n assets $ 8,741 $ 9,991 10,037\n debt $ 1,793\n deferred revenue unearned services $ 3,668 3,363 3,213 3,385,197\n stockholders' equity $ 1,090 2,276 2,949 2,881"
}
{
    "_id": "d1a736054",
    "title": "",
    "text": "Operations\n Revenue\n 2019 decreased 23% pricing declines memory market. Sales DRAM decreased 28% declines 30% supply demand imbalances inventory CPU shortages. NAND decreased 12% offset increases sales volumes. demand affected transition SATA NVMe SSDs. higher NAND sales high mobile NAND discrete NAND 64- 96-layer TLC 3D NAND.\n revenue 2018 increased 50% 2017. Higher revenue DRAM high products 1Xnm DRAM 64-layer 3D NAND strong demand. Sales DRAM 2018 increased 64% 2017 prices 35% sales volumes 20% strong market conditions high-value markets. NAND increased 20% 2017 volumes 30% high-value SSD mobile NAND 3D.\n Gross Margin\ngross margin decreased 46% 2019 from 59% 2018 due declines prices cost reductions costs. Underutilization IMFT impacted margin $100 million 2019 $65 million 2018 $150 million per quarter 2020.\n technology transitions capital spending re-use NAND equipment. depreciable life NAND equipment five to seven years 2020. depreciation expense 2020 $80 million $100 to $150 million per quarter remainder 2020.\n gross margin increased 59% 2018 from 42% 2017 favorable market conditions manufacturing cost reductions. pricing DRAM increased manufacturing costs declined NAND cost reductions outpaced prices.\n 2019\n Revenue $23,406 $30,391\n Cost goods sold 12,704\n Gross margin 10\nSelling administrative 836 4% 813 743\n Research development 2,441 10% 7% 1,824 9%\n 49\n Operating income 7,376 32% 14,994 49% 5,868 29%\n Interest income 77 (222)\n non-operating income (405)\n Income tax benefit (693) (168)\n Equity net income 3%\n noncontrolling interests (45)\n Micron $6,313 27% $14,135 47% $5,089"
}
{
    "_id": "d1b339ea0",
    "title": "",
    "text": "option activity equity incentive plans December 31, 2019\n no options granted 2019 2018. value options $215. 5 million $74. 6 million $41. 2 million.\n Options Average Exercise Price Share Contractual Term Intrinsic Value\n December 31, 2016 7,384 $10. 59 5. $74,065\n Granted 23.\n.\n Canceled/Forfeited.\n December 31, 2017 5,286 $10. $201,480\n 8.\n Canceled/Forfeited.\n December 31, 2018 4,131 $10. $295,921\n 8.\n Canceled/Forfeited.\n December 31, 2019 2,257 $13. $351,428\n December 31, 2019 $13. $351,362\n. $349,002"
}
{
    "_id": "d1b333032",
    "title": "",
    "text": "Reporting Channels Whistleblower Protection\n legal requirements ethical standards TSMC provides channels reporting business conduct concerns.\n Audit Committee approved implemented “Complaint Policy Procedures for Accounting Legal Matters” “Procedures Ombudsman System” employees whistleblowers report financial legal ethical irregularities anonymously Ombudsman Audit Committee.\n TSMC maintains internal reporting channels employees. encourage employees report suspected noncompliance law.\n treats complaint confidential prohibits retaliation. receives reports from employees external customers suppliers. summary Number Reported Incidents.\n 205 cases 132 employee relationship 47 other matters. 26 ethical matters.\n One case employee hotel advance fees disciplined. Another case personal loan terminated.\n investigation Sexual Harassment Investigation Committee four employees received discipline.\ncases 116 113 150 205\n Ethics-related 16 20 14 26\n ethics violations\n Sexual Harassment Investigation Committees 5 7 4\n violations"
}
{
    "_id": "d1b2fb4a2",
    "title": "",
    "text": "Discontinued Operations\n December 2015, engineering manufacturing sales solar inverter line. results reflected (loss) discontinued operations net Consolidated Statements Operations.\n extended inverter warranties reflected deferred revenue Balance Sheets. costs reflected Sales Cost. Extended warranties no offered.\n May 2019 divested-tied central solar inverter repair service operation. initial warranty transferred buyer. gain $8. 6 million tax expense $2. 4 million recognized income discontinued operations December 31, 2019. includes product warranty liability recovery accounts receivable foreign exchange gain.\n Income (loss net taxes\n Years\n Sales\n Cost sales\n operating expense 1,022\n Operating income (loss) discontinued operations (121)\n10,895 (24)\n discontinued operations 10,774 (32)\n taxes 2,294\n taxes 8,480"
}
{
    "_id": "d1b3ab398",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n. OPERATING EXPENSE\n impairment charges net losses sales disposals. records impairment charges net value partially recoverable. assets towers network location intangibles-related intangibles. Net losses sales disposals relate non towers assets miscellaneous items. acquisition-related costs integration costs.\n Impairment charges December\n 2018 tower $258. 3 million carrier consolidation-driven churn. impaired tenant relationship Aircel Ltd. impairment charge $107. 3 million.\n 2017 $81. million impairment charges carrier consolidation-driven churn.\n 2019 impairment charges right-of-use assets land easements.\n Tower network location intangible assets $77.\n relationships.\n.\n$94. $211."
}
{
    "_id": "d1a7289ae",
    "title": "",
    "text": "January 1 2019 adopted IFRS 16 impacts results. 2018 2017 results restated IFRS 16. Performance.\n Adjusted EBITDA margin net income non-GAAP not substitutes.-GAAP Measures.\n increased 5% 2018 7% Wireless 1% Cable Media. Wireless subscribers higher-rate plans higher-value devices.\n Cable revenue increased 1% Television subscribers pricing. Media revenue increased 1% higher revenue Toronto Blue Jays League Baseball higher Sportsnet revenue lower advertising revenue.\n EBITDA increased 2018 $5,983 million Wireless Cable Media. Wireless increased 10% service revenue growth expenditures subscriber volumes costs.\n Cable increased 3% Internet revenue growth shift higher-margin cost efficiency productivity initiatives.adjusted EBITDA increased 54% revenue lower operating expenses cost structure.\n increased higher EBITDA depreciation amortization. $2,059 million $1,845 million 2017 $2,241 million $1,902 million 2017.\n 2018 FULL-YEAR RESULTS COMPARED 2017\n Years ended December 31\n millions\n Revenue\n Wireless 9,200  8,569\n Cable 3,932 3,894\n 2,168 2,153\n Revenue 15,096  14,369\n service revenue 12,974  12,550\n Adjusted EBITDA\n 4,090  3,726\n 1,874 1,819\n Adjusted EBITDA 5,983 5,502\n.\n income 2,059 1,845\n 2,241  1,902"
}
{
    "_id": "d1b2e387a",
    "title": "",
    "text": "\n table summarizes revolving credit facility amounts receivable securitization programs.\n Includes borrowings revolving credit facility subsidiaries.\n $1,137. 4 million committed December 31, 2019.\n Used lines $ 98. $ 232.\n Unused 1,245. 1,135.\n $ 1,344. $ 1,368."
}
{
    "_id": "d1b33ce20",
    "title": "",
    "text": "revenue sale in-store online hospitality leisure services. Revenue recognised control transferred to customer service provided consideration.\n in-store control transfers customer. online. payment received revenue recognition deferred liabilities until delivered.\n Woolworths Rewards points provide discount future purchases. deferred in liabilities until redeemed customer.\n 2019 2018\n 53 WEEKS 52 WEEKS\n $M\n in-store 54,720  52,533\n online 2,534  1,883\n Leisure hospitality services 1,671 1,612\n Other 1,059\n Total 59,984  56,944"
}
{
    "_id": "d1b37442e",
    "title": "",
    "text": "PERFORMANCE INDICATORS\n summary quantitative performance indicators financial performance. indicators non-GAAP not alternative operating performance liquidity.\n Definitions\n Net Sales include lasers systems accessories service. 2019 decreased 29. 6% OLS 15. 4% ILS 2018. ‘‘Results of.\n Gross Profit Percentage Net Sales calculated divided by net sales. OLS decreased to 47. 3% 2019 from 52. 7% 2018. ILS decreased 13. 3% 2019 from 26. 7% 2018.\n Research and Development Percentage Net Sales divided by net sales. important key future growth. percentage increased to 8. 2% 2019 from 7. 0% 2018. changes R&D spending ‘‘Results of.\n Net Cash Activities excess cash from billings receipts over cash vendors expenses inventory purchases.cash operations performance indicator essential business growth. changes Net Cash Capital section.\n Days Sales Outstanding Receivables calculate net divided sales multiplied days. lower higher working capital availability. more money receivables less money for research acquisitions expansion marketing. DSO 2019 unchanged 67 days 2018.\n Annualized Fourth Quarter Inventory Turns cost sales divided by net inventories. inventory higher more working capital availability higher return investments. inventory turns 2019 decreased 2. turns. 2018 decrease demand large tools offset lower inventories restructuring charges.\n Adjusted EBITDA Percentage Net Sales operating income adjusted depreciation amortization stock compensation expense restructuring costs non-operating. initiatives EBITDA Asian manufacturing locations optimizing supply chain leveraging infrastructure.\nutilize financial measures adjusted EBITDA business performance decisions future. performance. GAAP. adjusted EBITDA.\n Net Sales OEM Laser Sources $886,676 $1,259,477\n Net Sales Industrial Lasers Systems $543,964 $643,096\n Gross Profit 47. 3% 52. 7%\n Profit 13. 3% 26. 7%\n Research Development Expenses Net Sales 8. 2% 7. 0%\n Income Operations Before Taxes $60,048 $361,555\n Net Cash Activities $181,401 $236,111\n Sales Receivables\n Fourth Quarter Inventory.\n Net Income Operations Sales 3. 8% 13.\n Adjusted EBITDA Net Sales 18. 1% 28. 9%"
}
{
    "_id": "d1b397320",
    "title": "",
    "text": ". expenses\n Workers’ compensation $9,687 $9,020\n wages 14,142\n rebates 13,529 7,828\n vacation\n property taxes 11,331\n payroll taxes\n 9,986 11,922\n $82,940 $69,953"
}
{
    "_id": "d1b32d380",
    "title": "",
    "text": "PERFORMANCE MEASURES\n TORM defines cash equivalents restricted undrawn credit facilities.\n financial position liabilities cash buffer. invest possibilities.\n Cash equivalents restricted cash 72. 127. 134\n Undrawn credit facilities 173. 270.\n Liquidity 245. 404."
}
{
    "_id": "d1b345f84",
    "title": "",
    "text": "rewards executives three measures three year\n Relative TSR LTI outcomes shareholder value. peer group ASX30 metals mining. 75th percentile higher 100% vesting median 50%. Between pro-rata vesting 50% to 100%. below median zero vesting.\n Sales per square metre productivity Food Drinks businesses. physical network in‐store online sales success.\n ROFE long‐term shareholder value. improvements earnings growth disciplined allocation capital management assets. Lease‐adjusted ROFE earnings growth allocation assets. leases sites leased. similar accounting standard definition ROFE lease-adjusted.\n Sales/SQM ROFE targets published performance period.\n SALES/SQM\n.\n."
}
{
    "_id": "d1a73c530",
    "title": "",
    "text": "table compares consolidated results 2019 2018:\n Interest expense. increased $279. 1 million 2019 $254. 1 million 2018 due increase $29. 9 million Teekay LNG lease obligations Myrina Megara Yamal Spirit debt balance Bahrain Sean Spirit\n increase $6. 7 million additional interest expense Teekay Tankers sale-leaseback financing transactions $6. 3 million decreases capitalized interest delivered\n $6. 7 million interest expense $6. 3 million decreases capitalized interest\n decrease $4. 1 million interest Teekay Parent 2018 prepayment amounts lower debt issuance cost amortization 2019 amendment.\n Realized unrealized gains non-designated derivative instruments. Net losses $13. 7 million 2019 $14. 9 million 2018\n losses relate settlements\nswap.\n 2019 2018 amounts $1. 1 billion $1. 3 billion rates 3. 0% 2. 9%. Short-term interest rates less than 3. 0% incurred losses $8. 3 million $13. 9 million.\n losses termination 2019 $13. 7 million 2018. interest rates unrealized losses $7. 9 million 2019 gains $33. 7 million 2018.\n 2019 losses $26. 9 million warrants Teekay loss $25. 6 million. 2018 unrealized losses $21. 1 million Warrants. Financial Statements Measurements.\n Foreign Exchange. losses $13. 6 million 2019 gains $6. 1 million 2018. due revaluation debt Euro-denominated loans leases cash gains cross currency swaps.\nNOK liabilities stronger. Dollar. Losses weaker. Dollar.\n 2019 loss losses $5. 1 million $6. 5 million unrealized losses $13. 2 million. swaps $42. 3 million unrealized gains $5. 8 million $19. 2 million revaluation NOK debt.\n Loss deconsolidation. $7. 1 million.\n. $14. 5 million 2019 $2. million 2018. $10. 6 million repurchase 2020 Notes $2. million tax expense Teekay LNG. $1. 4 million losses LNG sale refinancing. loss $1. 8 million repurchases 2020 Notes $0. 6 million tax Teekay lease.\n. $25. 5 million 2019 $19. 7 million 2018. freight tax accruals.\n\n.\n Interest expense,059) (254,126\n income\n losses instruments (13,719)\n (13,574\n Loss deconsolidation Altera (7,070\n (14,475)\n Income tax expense (25,482) (19"
}
{
    "_id": "d1b31b91e",
    "title": "",
    "text": "Teekay Tankers\n table compares results equity income calendar-ship-days 2019 2018.\n-ship-days-chartered vessels.\n income increased $123. 9 million 2019 $7. 2 million 2018 $129. 3 million higher rates $3. 5 million improved results days rates\n increase $3. 4 million lower expenses non expenses net increase $2. 3 million three Aframax two LR2 tankers offset redeliveries increase $1. 2 million restructuring charge\n decrease $10. 2 million higher off-hire days expenses decrease $6. 9 million lower revenues loss sale Suezmax write-down two decrease $6. 4 million amortization dry dockings. acquisition 2017.\n Equity income increased $2. 3 million 2019 $1. 2 million 2018 higher earnings High-Q Investment.venture spot rates 2019.\n December\n.\n Revenues 943,917 776,493\n Voyage (402,294)\n Vessel,601\n-charter hire,189\n Depreciation amortization (124,002)\n expenses (36,404),775\n loss sale\n Restructuring charges\n vessel operations 123,883\n Equity income\n-Ship-Days\n Conventional Tankers 22,350"
}
{
    "_id": "d1a7161fa",
    "title": "",
    "text": ". Financial Data\n factors Financial.\n Ended October 31,\n Net sales $3,440,258,236,004 $2,816,057 $2,803,480\n Operating income 67,994 425,239 294,111 335,998\n Net income 53,294 61,431 279,745 188,961 216,001\n earnings share.\n.\n Working capital 365,430,600 650,817 465,135 396,834\n Total assets 1,774,134 1,659,440 1,733,243 1,422,700 1,246,752\n Long-term debt\n Stockholders’ equity 1,417,675 1,387,893 1,432,862 1,190,262 1,029,861\n dividends."
}
{
    "_id": "d1b2e1e08",
    "title": "",
    "text": "product categories\n Drinkable Kefir organic non-organic sizes flavors types low fat non-fat whole milk protein BioKefir 3. 5 oz. probiotic cultures.\n European-style soft cheeses farmer cheese resealable cups.\n Cream.\n ProBugs children.\n Other Dairy Cupped Kefir Icelandic Skyr kefir yogurt.\n Frozen Kefir soft serve pint-size containers.\n Lifeway reportable segment chief decision. Chief Financial Officer Chief Operating Officer Executive Officer Chairperson board directors. consolidated revenues cultured dairy products distributors retailers United States.\n Net sales category\n Lifeway Kefir Shop\n retail food United States. Two major customers 22% 21% net sales. 17% accounts receivable. ten largest customers 57% 59% net sales.\nKefir 71,822 77% 78,523 76%\n Cheese 11,459\n Cream 4,228 5,276 5%\n ProBugs 2,780\n dairy 1,756\n Frozen Kefir 1,617\n Sales 93,662"
}
{
    "_id": "d1b393f5e",
    "title": "",
    "text": "Deferred tax assets liabilities reflect tax effects loss differences financial income tax. deferred tax assets\n deferred tax assets management considers taxable income future reversals tax planning strategies future income projections assets.\n negative evidence uncertainty realizing deferred tax assets full valuation allowance tax assets.\n $4. 3 million increase valuation allowance 2018 to 2019 due operating losses windfall tax benefits equity awards offset reduction valuation allowance net deferred tax liability ASC 606. recognized tax benefit $1. 0 million release-existing. valuation allowances Ataata Simply Migrate business combinations.\n 2018 Tax Cuts and Jobs Act) enacted. Securities Exchange Commission guidance. taxpayers consider impact. legislation information change tax law.\n2019 Company completed accounting tax effects Act. recognized adjustment provisional estimate 2018 financial statements.\n. operating loss carryforwards $57. 4 million. federal loss carryforwards $78. 6 million. $32. 5 million expire 2037. $46. 1 million.\n. state net operating loss carryforwards $54. 6 million expire 2039. Australian net operating loss carryforwards $23. 9 million. German net loss carryforwards $9. 9 million.\n Israeli net operating loss carryforwards $3. 3 million. income tax credit carryforward $1. 1 million. Israeli income tax credit carryforwards $0. 6 million 2023 2024.\n 382. ownership pre-change net operating loss carryforwards. ownership change 50 percent change ownership three-year period. state tax laws.\nCompany experienced ownership may outside control. operating loss carryforwards tax. income limitations.\n March 2019 2018 liabilities tax positions $6. million $6. 2 million tax rate.\n Deferred tax assets\n Net operating loss carryforwards $35,120 $24,159\n Share-based compensation\n Deferred revenue\n Fixed assets 4\n Lease liability\n Accrued compensation\n costs\n Deferred rent\n Income tax credits\n Gross deferred tax assets 63,515 53,610\n Prepaid expenses\n Fixed assets\n Unremitted earnings\n Intangible assets\n Capitalized commissions\n Gross deferred tax liabilities (27,205\n Valuation allowance (38,318)\n $"
}
{
    "_id": "d1b3a52c2",
    "title": "",
    "text": "Cash Equivalents\n liquid instruments maturities three months cash equivalents. invested high institutions short investments. carrying amounts Consolidated Balance Sheets approximate fair value maturities.\n equivalents unrestricted\n December 31,\n $8. $9.\n equivalents.\n $15. $20."
}
{
    "_id": "d1b335c1a",
    "title": "",
    "text": "Life Sciences\n Selling expenses December 2019 decreased $5. million to $8. 6 million $13. million. fewer expenses Pansend holding company additional compensation expense. reduction costs sale BeneVir second quarter 2018.\n Life Sciences Segment\n December 31,\n Increase\n Selling general administrative $8. $13.\n Depreciation amortization.\n Loss operations."
}
{
    "_id": "d1b35bc4e",
    "title": "",
    "text": "Accounting Uncertainty Income Taxes\n 2019 2018 changes unrecognized tax benefits\n September 30, 2019 2018 tax benefits effective tax rate $0. 7 million $1. 8 million. 2020 resolution reviews unrecognized tax benefits expiration statutes limitations. recognize interest penalties. net interest penalties 2019 2018 not material.\n subject audits jurisdictions. September 30, 2019 fiscal years limitations 2016 2019. provided uncertain tax issues. adverse resolution additional charges earnings. resolution uncertain tax issues financial condition results.\n Cash amounts paid income taxes refunds $28. 7 million, $15. 7 million $1. 6 million 2019 2018 2017.\n September 30,\n Balance beginning year $ $ 13,248\n Additions (reductions tax positions prior years 8,458\nstatutes (776) (1,770\n Additions 951\n Reductions (2,169\n year $18,575 $9,942"
}
{
    "_id": "d1b398f54",
    "title": "",
    "text": ". Stock-Based Compensation\n table summarizes non-cash stock-based compensation expense\n 2015 Equity Incentive Plan\n stock options. allows options employees nonqualified stock options stock appreciation rights restricted stock awards performance-based stock awards equity compensation employees directors non directors consultants.\n June 2015, board directors adopted stockholders approved 2015 Plan reserved 4,700,000 shares common stock 2009 Stock Incentive Plan. January 1 ten years 2024 5% shares December 31. no further grants 2009 Plan. December 31, 2019 6,527,550 shares available future grant.\n Stock Options\n granted exercise prices closing price common stock. 2009 Plan fair market value. vest five-year period expires tenth anniversary grant.\n stock options granted 2015 exercised before vested.Unvested shares early exercise repurchase termination employment original price. proceeds current liability reclassified common stock capital awards repurchase right lapses. 250 957 unvested shares outstanding repurchase December 31, 2019 2018. repurchased 27 107 employee terminations 2019. recorded less than $0. 1 million accounts payable accrued expenses current liabilities balance sheets proceeds.\n account stock-based compensation options fair value grant date. compensation accelerated attribution method.\n value stock options Black-Scholes option pricing model assumptions risk-free interest rate expected term stock price volatility dividend yield. risk-free interest rate observed interest rates constant maturity U. Treasury securities expected term. term \"simplified method. mid-point vesting date contractual term. historical data.November 2019 volatility historical.\n 186,500 219,450 252,100 options December 2019 2018 2017. declared paid dividends June 2015 closed July 1 2015. dividend rate 0%.\n Ended December\n 2018 2017\n Stock options $3,783 $3,511 $3,913\n Restricted stock units 16,627 9,770 3,366\n awards\n Employee stock purchase plan\n stock-based compensation expense $20,603 $13,429 $7,413\n Tax benefit $5,154 $7,581 $12,719"
}
{
    "_id": "d1b368b9c",
    "title": "",
    "text": "Tower Corporation 2019 Annual Report\n Appendix 1 Letter Stakeholders\n RETURN INVESTED CAPITAL millions. rounding.\n balances adjustments\n Q4 2015 Verizon Transaction.\n Q4 2016 Viom Transaction\n acquisitions.\n settlement Tata Q4 2018.\n deferred tax adjustments.\n Adjusted EBITDA $3,206 $3,743 $4,149 $4,725 $4,917\n Taxes\n $2,948 $3,459 $4,394\n PPE $14,397 $15,652 $16,950 $17,717 $19\n Intangibles 12,671 14,795 16\n 4,240\n $31,308 $34,957 $38,012 $38,837 $43,292\n ROIC. 4%. 2%. 3%."
}
{
    "_id": "d1b35949e",
    "title": "",
    "text": "currency translation risk\n reporting currency. dollar. Fluctuations impact assets liabilities subsidiaries. cash equivalents. subject translation currency exchange rates period.\n table shows cash equivalents foreign currencies June 30, 2019.\n foreign currency exchange rates. 10% cash equivalents. decrease $32. 9 million (June 2018—$34. 6.\n. Dollar June 30 2019.\n Euro $120,417\n British Pound 33,703\n Canadian Dollar 12,635\n Swiss Franc 56,776\n foreign currencies 105,273 117,459\n cash equivalents foreign currencies 328,804 346,258\n. dollar 612,205 336,684\n cash equivalents $941,009 $682,942"
}
{
    "_id": "d1b344274",
    "title": "",
    "text": "Amounts balance sheet\n surplus £2. 2m £1. 3m recoverable.\n value funded obligations 20. 19.\n plan assets (22. (21.\n surplus cap 2. 1\n asset Consolidated balance"
}
{
    "_id": "d1b300a4c",
    "title": "",
    "text": "Inventory\n stated lower cost net realizable value first-in, first-out (“FIFO”) valuation method. value estimated selling prices less costs completion disposal transportation. adjustments cost recognized in earnings.\n low sell-through AirBar work-in components raw materials. finished goods. inventory reserve $0. 8 million $1. 0 million December 31, 2019 2018.\n partners losses inventory bank guarantee. sale lower inventory unused date inventory AirBars rest purchased us. inventory value reserved.\n December 31, 2019 inventory components sensor modules. inventory by raw materials work-in-process finished goods.\n Raw materials $396 $246\n Work-in-process 186\n Finished goods 448 753\n Ending inventory $1,030 $1,219"
}
{
    "_id": "d1b3764f4",
    "title": "",
    "text": "\n commercial paper December 2019 2018. 6 2. 5. loans 6. 1 4. 3.\n Commercial paper $ 304 2,995\n Short-term loans 971\n Long-term 7,522\n $8,797 $10,207"
}
{
    "_id": "d1b3000ba",
    "title": "",
    "text": "Included long-term assets.\n financial instruments carrying value approximates fair value short maturity.\n December 31, 2018\n 1 3\n Cash equivalents $10,155\n securities\n Municipal bonds $44,705\n Corporate bonds $48,296\n marketable securities $93,001\n Investments privately-held companies $3,390"
}
{
    "_id": "d1b364542",
    "title": "",
    "text": "table summarizes restricted shares granted vested\n December 31, 2019 performance goals $6. 1 million unrecognized compensation cost nonvested. 33% performance 67% employment. 2. years.\n Ended December 31,\n 2018 2017\n granted 508 492 480\n grant-date value per share $28. 43.\n vested $3,647 $8,342 $6,868"
}
{
    "_id": "d1b2f9418",
    "title": "",
    "text": "environmental impact\n FY19 energy audits UK manufacturing sites Savings Opportunity Scheme mandatory. progress efficiency. 9% improvement primary energy per tonne 26. 5% six years.\n FY19\n Redistribution human consumption. 3% 791. 2%\n Waste avoided Animal feed 4,454.,895.\n 5,404.,686.\n Co/Anaerobic digestion 24,978. 6% 32,202.\n Food waste Controlled combustion 1,650. 1,964.\n 8,280.\n 34,908. 40,912."
}
{
    "_id": "d1b2fbfce",
    "title": "",
    "text": ". Acquisitions disposals\n completed disposals. details prior year. accounting judgements estimation note 1 consolidated financial statements.\n Accounting policies\n Business combinations\n Acquisitions subsidiaries acquisition method. cost measured fair values assets liabilities equity instruments issued. costs recognised income statement. assets liabilities recognised fair values acquisition date. Goodwill measured excess consideration transferred non-controlling interests fair value equity interest assets liabilities. non-controlling shareholders measured fair value proportion value assets. measurement acquisition-by-acquisition. Acquisitions. cost measured fair values liabilities equity instruments. costs recognised income statement. assets liabilities recognised fair values acquisition date.Goodwill measured excess consideration transferred non-controlling interests fair value equity interest over assets acquired liabilities assumed acquisition date. interest non-controlling shareholders measured fair value proportion assets. acquisition-by-acquisition.\n Acquisition interests non-controlling shareholders\n difference fair value interest recognised equity\n aggregate cash consideration purchases subsidiaries acquired\n 31 March 2019 Group completed acquisitions net cash €87 million. fair values goodwill assets liabilities €77 million €123 million €139 million.\n Cash\n Acquisitions\n Net cash acquired acquisition related costs\n"
}
{
    "_id": "d1b3225a2",
    "title": "",
    "text": ". Equity\n Share buy-back\n shares. note 4. 3.\n Share-based payment reserve\n records value shares Long Term Incentive Plan Employee CEO Share Option plans. note 5. 2.\n Business combination reserve\n group restructure 2007 iSelect exempted AASB Business Combinations. carry-over accounting restructuring iSelect Group. assets liabilities reflected carrying amounts. No adjustments values new. goodwill difference acquired reflected Combination.\n Foreign currency translation reserve\n Note 1. 5.\n Share-based payment reserve 3\n Business combination reserve\n Foreign currency translation reserve\n"
}
{
    "_id": "d1b3b8962",
    "title": "",
    "text": "measure report annual scope 1 2 GHG emissions. moved certified green tariff renewable electricity contract\n UK operations financial year.\n GHG emissions summary net emissions green electricity tariff.\n reduction energy efficiency carbon renewables fuel.\n six years water consumption per tonne 15%. improvement FY19 closure Evercreech desserts facility water intensity.\n GHG emissions calculated GHG Protocol Corporate Accounting Reporting Standard government GHG conversion factors. UK Ireland FY19 Group. Group.\n Emissions summarised CO2 equivalent\n tonnes CO2e\n Combustion fuel operation facilities (Scope 1) 59,495 66,336 75,600\n Electricity heat steam cooling (Scope 2) 27,633 32,389 67,754\nemissions 87,128 98,725 143,354\n tariff -27,603\n emissions 59,525 98,725 143,354\n £1."
}
{
    "_id": "d1b39cf00",
    "title": "",
    "text": "GreenSky. CONSOLIDATED FINANCIAL STATEMENTS States Dollars share data\n Note 3. Fair Value Assets Liabilities\n table summarizes carrying amounts estimated values assets liabilities recurring nonrecurring disclosed Consolidated Balance Sheets. no transfers levels fair value. Note 4 7 8 9 additional information assets liabilities.\n Disclosed not carried.\n Measured nonrecurring.\n Measured carried recurring.\n December 31, 2019 31, 2018\n Carrying Value\n Assets\n Cash $195,760 $303,390\n Loan receivables sale 51,926\n Servicing 30,459\n Liabilities\n Finance charge reversal $206,035 $138,589\n Term,497 386,822\nInterest rate 2,763\n Servicing liabilities(3) 3,796"
}
{
    "_id": "d1b341b5a",
    "title": "",
    "text": "pension plan asset allocation 2019 2018\n 2019 corporate government bonds (32%) equity (15%) other instruments (16%).\n 2018 thirds corporate (55% treasury bonds (45%) third multi\n equity instruments.\n Assets\n Cash equivalents 1%\n Equity securities 24%\n Government debt 12%\n Corporate debt 16% 26%\n Investments 21% 17%\n Real estate 2%\n Other 24% 22%\n"
}
{
    "_id": "d1a72e818",
    "title": "",
    "text": "Amortization Intangibles Acquisition Costs\n 2019 2018 2017\n Amortization relationships trademarks. costs legal due diligence professional costs.\n increase 2018 Blue Microphones ASTRO Acquisition. 2018 2017 ASTRO Acquisition.\n March 31,\n Amortization $12,594 $7,518 $4,352\n Acquisition-related costs 1,696 1,412\n Total $14,290 $8,930 $5,814"
}
{
    "_id": "d1b3134f8",
    "title": "",
    "text": "effective tax rate\n calculated dividing taxation profit net profit/ joint ventures. reflects tax rate profit before net profit.\n Tax impact non-underlying items operating profit sum tax country tax rates treatment. shown table\n Restated IFRS 16. See note 1 24.\n Refer note 3 details.\n Excludes €3 million (2018 €32 million gain disposal spreads business joint venture Portugal net profit/. non-underlying items not operating profit net profit before tax €35 million (2018 €154 million. note 3.\n 2,263 2,572\n Non-underlying items operating profit 309\n profit before tax 1,239\n not net profit before tax\njoint ventures (176) (185)\n Profit tax 9,320 8,877\n tax rate. 5%. 7%"
}
{
    "_id": "d1b37543c",
    "title": "",
    "text": "\n summary 2019 2018 2017 dividends common stock.\n May 22, 2019 declared cash dividend $0. 48 share payable July 24 July 5. future dividends market financial regulatory requirements. dividends authorized laws state.\n April 26, 2019 27, 2018 28, 2017\n Dividends share declared $ 1. 60.\n additional paid capital $ 403\n retained earnings deficit"
}
{
    "_id": "d1b32c98a",
    "title": "",
    "text": ". Deferred Revenue\n December 31, Domains $752. $686.\n 526. 483\n 265. 224.\n $1,544. $1,393.\n Domains $382. $365.\n 187. 180.\n 85. 77.\n 654. $623."
}
{
    "_id": "d1b3a8f4e",
    "title": "",
    "text": "reconciliation unrecognized tax benefits\n benefits December 2019 2018 2017 $2. 4 billion $2. 3 billion $1. 9 billion income tax rate.\n 2017\n Balance January 1 $ 2,871 $2,355 $ 1,902\n Additions\n Additions\n Reductions (300\n Settlements\n Lapses statutes limitations\n Balance December 31, $ 2,870 2,355"
}
{
    "_id": "d1b2f0886",
    "title": "",
    "text": "Dividends\n Board Directors declared dividends 2019 2018:\n change terminate practice. February 27, 2020 declared quarterly cash dividend $0. 25 per share.\n Declared Dividend Share Total Amount Payment Date\n millions\n November 21, 2019 12/2. 250 $273\n August. 273\n May 23, 6/3. 274\n March 1. 273\n November 14 11.\n August 21,. 584\n May 23, 6/4/2018. 588\n February 21, 3/5/2018."
}
{
    "_id": "d1b3199ca",
    "title": "",
    "text": "Netsmart Discontinued\n December 31, 2018 sold Class A Units $566. 6 million cash final settlement.\n separate segment discontinued. Note 4 Combinations.\n table income expense December 31, 2018 2017:\n Netsmart intercompany transactions.\n income expense\n Revenue\n Software delivery maintenance $214,065 $198,204\n Client services 131,166 110\n,231 308,634\n Cost\n 60,100\n 94,061 78,317\n 34,357\n 188,518 159,272\n Gross profit 156,713 149,362\n Selling administrative expenses 125,807 85,583\n Research development 25,315 17,937\n Amortization assets 24,029 16,409\n Income discontinued operations (18,438\n Interest expense (59,541)\n Other income\nNetsmart (77,878) (19,581)\n 22,933 45,253\n $25,672"
}
{
    "_id": "d1b3bd836",
    "title": "",
    "text": ". DEFINED BENEFIT PLANS\n Rofin assumed assets liabilities defined benefit plans Rofin-Sinar Laser. employees. U. S. plan 1995 partially funded. employees after January 2007, not eligible RS. German pension plan unfunded. employees after 2000 not eligible RSL pension plan. measurement date September 30. gains losses deferred OCI amortized future.\n 2012, RS Inc. benefit plan highly compensated employees. non-qualified benefit plan. August 31, 2018. plans freeze future compensation benefit accruals.\n defined benefit plans South Korea Japan Spain Italy Germany. unfunded exception Spanish plan partially funded. actuarial gains losses. measurement date September 30.\n pension costs actuarial assumptions discount rate return compensation increase. judgment.expense cash funding defined benefit plans.\n Components cost 2019 2018 2017\n Service cost $1,955 $2,262 $2,077\n Interest 1,308 1,230\n return assets (817)\n loss\n Foreign exchange impacts\n curtailment gain plan freeze\n pension cost $2,837 $1,653 $2,185"
}
{
    "_id": "d1b340b1a",
    "title": "",
    "text": "Operations\n tables revenues. historical\n December\n Revenues\n Subscriptions $817,811 $612,888 $465,254\n 85,047 60,736 38,363\n revenues 902,858,624 503,617\n Subscriptions 160,320 109,454 89,193\n 70,723 47,675\n 231,043 157,129 121,271\n Gross profit 671,815 516,495 382,346\n Operating expenses\n Research development 136,363 101,042 75\n Sales marketing 439,100 329,116\n 142,027 102,773\n expenses 717,490 532,931 387,684\n Loss operations (45,675) (16,436 (5,338\n Loss taxes (56,940) (26,063)\n (3,333\nNet loss,607,203,204"
}
{
    "_id": "d1b346d12",
    "title": "",
    "text": "\n February 28, 2020\n Michael Hsing Board Directors President Chief Executive Officer 1997. Senior Silicon Technology Developer patented technologies power electronics. inventor bipolar mixed-signal semiconductor manufacturing. University Florida.\n Bernie Blegen Chief Financial Officer July 2016 finance accounting tax treasury investor relations. 2011 2016, Corporate Controller. finance accounting Xilinx. Credence Systems. University California Santa Barbara.\n Xiao President Asia Operations since 2008. Manager Senior Vice President Operations. Engineering Account Manager Semiconductor Manufacturing. Manager Process Integration Engineering Fairchild Imaging Sensors. Semiconductor Physics Sichuan University. Wayne State University.\n Maurice Sciammas Senior Vice President Worldwide Sales Marketing since 2007. 1999 Vice President Sales. Director IC Products Supertex 1990 1999. Micrel.. San Jose State University.\n Saria Tseng Vice President Counsel Corporate Secretary 2004 Strategic Development 2009. MaXXan Systems. Vice President Counsel 2001 2004. attorney Gray Cary Ware Freidenrich Jones Day Reavis Pogue. state bar California New York bar Republic China. Board Directors Super Micro Computer. performance server. Masters Law California Berkeley Chinese Culture University Taipei.\n Hsing\n Bernie Blegen\n Vice President\n Saria Tseng Vice President Counsel"
}
{
    "_id": "d1b3a5bd2",
    "title": "",
    "text": "Management Personnel\n Short-term benefits fees salaries benefits bonuses nonmonetary benefits.\n Post-employment benefits pensions senior management.\n Share-based payments senior participation IFRS2.\n Year-ended 31 March 2019 2018\n Short-term benefits.\n Post-employment benefits.\n Share-based payments equity-settled.\n."
}
{
    "_id": "d1b3a407a",
    "title": "",
    "text": "exchange\n Export revenue. revenue 2019. 2 2018).\n earnings 2019 2018\n. 119,499 92,258\n. imports 447\n. foreign currency 49,336 33,014"
}
{
    "_id": "d1b335b34",
    "title": "",
    "text": "Teradyne’s unrecognized tax benefits 2019 2018 2017\n Current additions federal state research credits. Prior additions stock-based compensation. reductions federal reserves 2015 U. federal audit 2019.\n $21. 2 million unrecognized tax benefits $12. 7 million consolidated income tax rate. $8. 5 million deferred taxes.\n Teradyne change tax benefits.\n Teradyne records interest penalties. 2019 2018 $1. 4 million $0. 3 million. 2018 2017 $1. 1 million $0. 1 million $0. million.\n subject. federal income tax state local foreign jurisdictions. tax concluded 2013, federal 2015 foreign 2011. operating losses tax credits.\n Teradyne not permanently reinvested unremitted earnings non. subsidiaries. Remittance income tax.\n2019 2017\n balance January 1 $43,395 $36,263 $38,958\n Additions\n 1,322 4,716 8,208\n 2,626\n Reductions\n (31,397,573\n Expiration statutes\n Settlements tax\n balance December 31 $21,180 $43,395 $36,263"
}
{
    "_id": "d1b3884d8",
    "title": "",
    "text": ". INVESTMENTS\n Company determines designation purchase reevaluates each balance date. investments as available-for-sale debt securities. September 2019 2018 short-term investments maturity less than one year from. long-term investments greater than one year.\n-for-sale securities carried at fair value market prices unrealized gains losses net of taxes separate stockholders’ equity. reviews fair value monthly evaluates securities with below amortized cost. debt securities impairment before. other-than-temporary impairment occurred. recognized in earnings. impairment recorded consistent with fair value. No other-than-temporary impairment charges recognized in years 2019 2018 2017. no gains or losses from sale securities 2019 2017. recorded net loss from sale of $49,000 2018.\n cost securities identification method. Amortization premiums discounts interest dividend gains losses investment income.\n tables summarize investments September 30 2019 2018\n Cost Gains Losses Market Value\n Available-for-sale securities\n. Treasury short-term $4,240\n Corporate debt securities 12\n. Treasury long-term\n Corporate debt securities\n $18,051"
}
{
    "_id": "d1b3b7f94",
    "title": "",
    "text": ". Inventories\n increase live inventories attributable to Tyler, Texas facility production 2019 value poultry inventories. cost grow birds values inventories cost accumulates costs. higher net realizable value. value future selling prices finished products cost sales. recorded charge $2. 8 million October 31, 2019 $9. 6 million October 31, 2018 reduce values broiler inventories to net realizable value.\n increases in feed eggs processed poultry packaging materials inventories inventory volume Tyler, Texas facility.\n increase prepared chicken inventory attributable to finished products October 31, 2019 production volume facility Flowood, Mississippi. 2019 processed 129. 1 million pounds prepared chicken products 107. 6 million pounds 2018. 1. 2 million pounds increase October 31, 2019 12% increase volume.\n\n poultry breeders 179,870 $150,980\n 47,417 37\n Processed poultry 30\n Prepared chicken\n Packaging\n inventories $289,928 $240,056"
}
{
    "_id": "d1b2e455e",
    "title": "",
    "text": "Deferred taxes differences assets liabilities.\n December 31, 2019 undistributed earnings foreign subsidiaries outside. $3. 8 billion. Verizon’s cash flow domestic operations not dependent foreign cash.\n portion reserve unavailable distribution repatriation. deferred taxes reinvested. unavailable. Determination deferred taxes.\n December 31, 2019 net after-tax loss credit carry forwards $3. 0 billion state foreign taxes. $2. 0 billion 2020 2039 $1. 0 billion carried forward indefinitely.\n valuation allowance decreased $481 million. balance related state foreign taxes.\n Deferred Tax Assets\n Employee benefits $ 5,048 5,403\n Tax loss credit carry forwards\n Other assets 5,595 1,650\n 13,655\n,260\n assets 11,395 7,888\n 22,388 21,976\n Depreciation 16,884 15,662\n 6,742\n 46,014\n 34,619 33,726"
}
{
    "_id": "d1b31a91a",
    "title": "",
    "text": "Revenues by Platform\n tables detail revenues by platform\n revenues include devices non-platform-specific game-related toys accessories.\n Distribution business Overwatch League.\n decrease revenues 2019 due to\n lower revenues Destiny franchise Call of Duty titles.\n offset by Crash Team Racing Nitro-Fueled June 2019.\n decrease due to\n Destiny Hearthstone.\n increase due to Call of Duty: Mobile October 2019.\n Increase\n Net revenues by platform\n Console $1,920  $2,538 $(618)\n PC 1,718 2,180\n Mobile and ancillary 2,203 2,175\n Other 648\n Total consolidated net revenues $6,489 $7,500  $(1,011)"
}
{
    "_id": "d1b3bd19c",
    "title": "",
    "text": ". ACQUISITIONS\n MGI\n April 4, 2019 acquired assets MGI Grain Processing MGI Grain Incorporated price $3. 8 million. included $0. 3 million deposited escrow released sellers June 2019. owns operates grain mill processing East Grand Forks Minnesota. acquired product portfolio. business combination. financial statements 2019. incurred $0. 1 million MGI acquisition costs selling administrative expenses.\n purchase price adjustment closing working capital. seller paid working capital adjustment $18 thousand 2019. purchase price allocation assets acquired liabilities assumed.\n fourth quarter 2019 appraiser finalized fair value calculations. value trade receivables acquisition equaled gross. intangible estimated future cash flows. amortizing intangible 15-year cash flows. Goodwill intangible assets.7 million goodwill deductible tax fifteen years.\n Estimated June 30 2019 Final December 31, 2019\n Cash $3,795\n Working capital adjustment purchase price\n value transferred 3\n Accounts receivable\n Inventories\n Deposits assets\n Property equipment 1,560\n Customer 930\n intangible assets\n Accounts payable\n Finance lease liabilities\n assets acquired liabilities assumed\n Goodwill"
}
{
    "_id": "d1b38a4a4",
    "title": "",
    "text": "\n table contract liabilities\n extended maintenance contracts.\n Deferred maintenance $192,955 $164,986\n 10,287 9,539\n 203,242 174,525\n 144,230 130,865\n Non-current deferred revenue $59,012 $43,660"
}
{
    "_id": "d1b3bbc52",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars share data\n. Accounts Receivable\n Gross Allowance Losses Net\n December 31, 2019\n $12,863 $12,625\n 6,868\n $19,731 $19,493\n December 31, 2018\n $14,704 $14,536\n $15,568 $15,400"
}
{
    "_id": "d1b39adae",
    "title": "",
    "text": "EBITDA operating profit less interest gains/losses depreciation property investment properties right-of-use assets amortisation intangible assets. Adjusted plus compensation expenses.\n Adjusted EBITDA margin revenues.\n Net debt balance cash equivalents deposits minus borrowings notes payable.\n Capital expenditures additions property plant equipment construction investment properties land use rights intangible assets video music game licences.\n EBITDA 35,675 137,268\n Adjusted EBITDA 38,572 147,395 118,273\n Adjusted EBITDA margin 36%\n Interest expenses 2,348 2,086 1,345 7,690\n Net debt (15,552\nexpenditures,869 6,632,369"
}
{
    "_id": "d1b32b094",
    "title": "",
    "text": "\n Impairment Assets\n 2019\n $85 million indefinite-life $8 million property plant equipment. broadcast licences assets radio markets Bell Media. advertising demand ratings pressures audience declines competitive pressure streaming. carrying value fair value less cost disposal. estimated discounted cash flows market valuation models five-year projections 2024 discount rate 7. 5% perpetuity growth rate market data. carrying value $464 million December 31, 2019.\n $145 million indefinite-life $14 million finite-life. French TV channels Bell. revenue profitability declines audience subscriber erosion. costs disposal. discount rate 8. 0% to 8. 5% perpetuity growth rate nil market data. carrying value $515 million December 31, 2018.previous French Pay Specialty TV channels tested recoverability. 2018 grouped French CGU cash content strategies CRTC Canadian broadcasters group licence.\n 2018 indefinite-life asset impairment $31 million Bell Media segment retire brand.\n EQUITY LOSSES INVESTMENTS ASSOCIATES JOINT\n loss $53 million $20 million 2019 2018 equity losses obligation repurchase minority interest. obligation marked recorded gains losses.\n 2019 gains $13 million obligation repurchase interest.\n 2018 losses $34 million loss obligation.\n YEAR ENDED DECEMBER 31\n Impairment assets\n Equity losses associates joint ventures\n Losses investments\n Early debt redemption costs\ngains retirements disposals property assets 11\n gains derivatives equity compensation plans (80)\n Gains investments (34)\n expense (348)"
}
{
    "_id": "d1b37fc52",
    "title": "",
    "text": "6. FINANCIAL DATA\n table summarizes consolidated financial data financial statements notes 8 Discussion Analysis Financial Condition Results 7 Annual Report Form 10-K. financial data December 31, 2019 derived statements operations King commencing February 23, 2016. amounts millions share data.\n January 1, 2018 new revenue accounting standard. periods.\n Net income 2019 2018 2017 includes tax impacts income tax expense benefits U. S. Tax Reform Act. Note 19.\n Cash investments short-term long-term. total investments $69 million $155 million $62 million $26 million $17 million December 31, 2019 2018 2017 2016, 2015,. excludes $3,561 million escrow King.\n debt obligations Note 13.\n Net debt long-term cash investments\n March 31, 2019 2018 income tax expense $35 million.financial data December 31, 2018 revised correction. Note 2 financial statements Item 8 Annual Report Form 10-K.\n Ended December\n 2019 2017 2016 2015\n Net revenues $6,489 $7,500\n Net income 1,503 1,848 966 892\n income share.\n income share.\n Cash dividends.\n Operating cash flows $1,831 $1,790 $2,213 $2,155 $1,259\n Balance Sheet\n Cash investments $5,863 $4,380 $4,775 $3,271 $1,840\n Total assets 19,845 17,890 18,668 17,452 15,246\n Long-term debt 2,675 4,390\n 1,669 2"
}
{
    "_id": "d1a736f40",
    "title": "",
    "text": "Income\n change December 31, 2019 2018 driven early debt redemption costs $3. 6 billion $725 million 2018 pension benefit charges $126 million credits $2. 1 billion 2018.\n Increase\n Ended December 31, 2019.\n Interest income $ 121 $ 94 $ 27.\n benefit cost 627 3,068 (2.\n Early debt extinguishment costs (3,604) (2,879)\n net.\n $ (2,900) $2,364 (5,264"
}
{
    "_id": "d1b2eead6",
    "title": "",
    "text": "assumptions 2019 Note 16 Annual Report 10-K.\n Amounts reflect compensation NEO. represent grant values stock options 2003 Equity Incentive Plan inducement grants FASB ASC Topic 718. assumptions Note 16.\n non-equity incentive plan compensation paid Variable Pay Plan.\n amounts Other Compensation” column include $4,000 401(k) matching contribution.\n Compensation Committee awarded. Maletira bonus $180,000 AvComm Wireless acquisition. Compensation Discussion Analysis page 36.\n. Staley awarded $60,000 sign-on bonus February 2017.\n salary bonus non-equity incentive plan compensation columns reflect stock awards accounting values. “Outstanding Equity Awards Fiscal Year-End Exercises Stock Vested. Summary Compensation Table Compensation Discussion and Analysis tables.\n\n Fiscal Year Value Grant\n Oleg Khaykin 4,067,526\n 2,457,750\n 659,618\n Amar Maletira 1,379,350\n 1,015,870 454,950\n 574,500\n Paul McNab 591,150\n,395\n 373,425\n Luke Scrivanich 591,150\n 393,600\n Gary Staley 591,150\n 943,527\n 2017 303,948"
}
{
    "_id": "d1b3beb3c",
    "title": "",
    "text": "\n Products Licensing increased $8. 6 million $16. 7 million. million 2018. $3. 9 million MOI $4. 4 million GP sales volume.\n Technology Development increased $3. 2 million $18. 6 million $15. 4 million 2018. labor subcontractor costs.\n Products licensing costs $16,684,172 $8,078,870 $8,605,302. 5%\n Technology development 18,649,161 15,400,475 3,248,686.\n $35,333,333 $23,479,345 $11,853,988."
}
{
    "_id": "d1b39abf6",
    "title": "",
    "text": "NantHealth\n Statements Cash Flows\n restricted $1,136 $350 December 31, 2019 2018 2017. Restricted cash security deposits letters leased facilities. No amounts drawn December 31, 2019.\n notes Consolidated Financial Statements.\n disclosure cash flow\n Income taxes $318 $15\n Interest $5,909 $5,885\n Noncash investing financing\n Purchases property equipment\n NantHealth Labs"
}
{
    "_id": "d1b357bda",
    "title": "",
    "text": "table Consolidated Statement Operations revenues\n. decreased. 3 million. 2% 2018. Products decreased $4. 6 million. 1% support services increased 5. 8 million. 1% services 35%. 16% revenues 2018 12% 2017. Professional services revenue decreased $1. 4 million. 5% proprietary services $1. 5 million remarketed services $0. 1 million.\n profit. increased $0. 6 million. 2018 margin. 6% decreased $2. 8 million margin decreased. 6% 21. 7% lower product revenue higher amortization technology $2. million.\n Support maintenance subscription services profit increased $6. million margin increased 75. 8%. Professional services profit decreased $2. 6 million margin decreased. 19. 2% lower revenues.\n Operating expenses increased $1. million. 4% 2018. increased. 9%\n. research.Product development decreased $1. 1 million. 8% 2018. driven shift contract labor to internal resources $5. 9 million increase payroll expenses $4. 7 million.\n Sales marketing. decreased $2. 7 million. 2% 2018. due decrease $2. 2 million incentive commissions lower sales.\n Depreciation fixed assets. increased. 2 million. 2%.\n Amortization intangibles. increased. 5 million 35. 0% rGuest Pay March 31,.\n Restructuring severance charges. increased. 2 million 2018 efficient teams executive changes.\n.\n Legal settlements. recorded. 2 million. 1 million legal settlements employment.\n Year ended March\n Net revenue\n 26. 5% 30.\n Support services 54.\n.\n revenue.\n Cost of goods sold\n.\n.\n.\ncost goods 49. 50.\n profit.\n Operating expenses\n development 21. 22.\n Sales marketing 14. 16.\n 18. 15\n Depreciation assets.\n Amortization intangibles.\n Restructuring.\n Legal settlements.\n Operating loss."
}
{
    "_id": "d1b3affd8",
    "title": "",
    "text": "Operating expenses\n Research development expenses\n increased $15. 8 million March 31, 2018 personnel-related costs $10. 1 million information technology facility costs $2. 3 million professional services. 9 million share-based compensation. 7 million travel costs. 5 million data center. million.\n negatively impacted. 5 million weakening. dollar.\n Personnel headcount information technology facility costs professional services share-based compensation expense share option grants.\n Sales marketing expenses\n increased $25. 1 million personnel-related costs $13. 5 million marketing $4. 7 million information technology facilities $3. 6 million travel costs $2. 3 million professional services. 8 million.\n negatively impacted $1. 4 million weakening. dollar. travel increased headcount.\n General administrative expenses\n increased $9.March 2018 2017 personnel costs $5. million share compensation $1. 2 million information technology facilities $1. million professional services material supplies $0. 6 million.\n expenses impacted $0. 3 million weakening. dollar pound rand. Personnel costs increased headcount.\n Share compensation share option grants. Information technology material supplies headcount.\n Restructuring Impairment\n fourth quarter 2018 Watertown office restructuring charge $0. 8 million-cancelable rent expenses vacated premises sublease non-cash impairment $1. 7 million leasehold improvements.\n change\n Operating expenses\n Research development $38,373 $22,593 $15,780\n Sales marketing\n General administrative 36,989\n Impairment assets\n\n expenses $199,152,622 $52,530 36%"
}
{
    "_id": "d1b343608",
    "title": "",
    "text": "table. GAAP income non-GAAP EBITDA\n 2018 2017 adjusted ASC 606.\n. 9 million costs relocation tantalum powder Carson City Nevada Matamoros.\n Years\n Net income. $206,587 $254,127 $47,157\n Non-GAAP adjustments\n Income tax expense,460 9,132 4,294\n Interest expense 19,204,073\n Depreciation amortization 52,628 50,661\n EBITDA-GAAP 238,959 345,993 129,333\n Equity loss investments 3,304\n Acquisition loss\n TOKIN options\n loss write down disposal long-lived assets 1,660\n ERP transition costs\n Stock-based compensation\n Restructuring charges 8\nR&D\n Legal expenses antitrust actions 11,896\n exchange loss (7,230 13,145\n TOKIN expenses\n start-up costs\n Loss extinguishment debt 15,946\n EBITDA $289,507 $191,705"
}
{
    "_id": "d1a728e36",
    "title": "",
    "text": "use raw materials products. Cost sales margin copper gold silver. 2019 purchased 172 million pounds copper 122,000 ounces gold 2. 6 million silver. average prices silver\n 2020 expect purchase 170 million pounds copper 120,000 gold 2. 4 million ounces silver.\n Copper. $ 2. 93 $.\n Gold.\n Silver."
}
{
    "_id": "d1b3a09c0",
    "title": "",
    "text": "Deferred taxes differences assets liabilities tax bases. summarized table. valuation allowance required deferred. June 30 2019 Company net loss carryforwards $337. 6 million expiring 2020 2039. annual limitation future tax benefits $3. 3 million. Valuation allowances increased $0. 7 million 2019 losses tax jurisdictions.\n unrecognized tax benefits June 30, 2019 2018 2017.\n recognizes interest penalties benefits.\n years prior 2013 settled Internal Revenue Service tax jurisdictions.\n December 2017 Act Reconciliation enacted. income tax rate 35 percent to 21 percent territorial tax system one-time mandatory tax deferred foreign earnings. changed business deductions interest. SEC guidance provisional amounts. 2018 provisional tax charge $5. 0 million transition tax benefit $74.deferred tax assets liabilities. 2019 recorded tax benefit. 2 million transition tax. million. accounting Act completed December 31, 2018. transition tax paid eight year period 2019.\n tax provisions eliminating corporate alternative minimum tax base erosion anti tax deductible interest expense executive compensation eliminating. federal taxes dividends foreign subsidiaries. GILTI current period expense.\n earnings foreign subsidiaries $77. million reinvested. repatriation cash. taxable federal. 3 million tax expense.\n Deferred tax assets\n Pensions $86. $66\n Postretirement provisions.\n operating loss carryforwards.\n Derivatives hedging activities.\n.\n deferred tax assets 187. 156.\n Valuation allowances.\n Total deferred tax assets 163.\n Deferred tax liabilities\n (249.\n Intangible assets (11.\n Inventories. (30.\n Derivatives hedging. (8\n (4.\n deferred tax liabilities.\n.(157"
}
{
    "_id": "d1b3a1e2e",
    "title": "",
    "text": ". increased 25% RMB105. 8 billion fourth quarter 2019. revenues\n increased 20% RMB52,308 million. Online games 25% RMB30,286 million. smart phone games Peacekeeper Elite PUBG Mobile Supercell lower PC games. Social networks revenues increased 13% RMB22,022 million. digital content services. smart phone games RMB26,035 million PC client games RMB10,359 million.\n FinTech Business Services increased 39% RMB29,920 million. commercial payment cloud services.\n Online Advertising increased 19% RMB20,225 million. Social advertising increased 37% RMB16,274 million. Weixin Moments mobile advertising network. Media advertising revenues decreased 24% RMB3,951 million. lower revenues uncertain schedules fewer telecasts sports.\nThree months\n 31 December 2019 2018\n %\n millions\n VAS 52,308 50% 43,651\n FinTech Business Services 29,920\n Online Advertising 20,225 19% 17,033\n Others 3,314 3%\n revenues 105,767 100%"
}
{
    "_id": "d1b39b8f8",
    "title": "",
    "text": "ADJUSTED EARNINGS EPS\n standardized meaning under IFRS. unlikely comparable measures other issuers.\n adjusted net earnings common shareholders before severance acquisition costs-to-market losses investments early debt redemption costs charges tax NCI. adjusted EPS per BCE common share.\n assess performance without severance acquisition costs losses early debt redemption costs charges tax NCI. exclude items affect comparability distort. non-recurring\n comparable IFRS measures net earnings common shareholders EPS.\n reconciliation of net earnings EPS adjusted net earnings consolidated per BCE common share.\n Net earnings shareholders 3,040. 2,785.\n Severance, acquisition costs 83.100. 11\n losses derivatives compensation plans. 58.\n losses investments 44. 47.\n Early debt redemption costs 13.\n 74. 146.\n Adjusted net earnings 3,153.,151."
}
{
    "_id": "d1b39b2d6",
    "title": "",
    "text": "Disaggregation Revenue\n services downloads partners. table disaggregation revenue financial performance\n Revenue Contracts Customers\n Twelve months December 31,\n Services $59,545 $64,476\n Software 3,788 5,073\n revenue $63,333 $69,549"
}
{
    "_id": "d1b2f8856",
    "title": "",
    "text": "benefit expense post plans includes\n report service costs Pension Plan expenses statements years December 2019 2018 2017. service cost allocated assets construction. remaining reported. one-time charge 2019 $6 million 2018 $15 million special termination benefit enhancements employees voluntary retirement.\n Post-Retirement Plans\n Years Ended December 31,\n 2018 2017\n Service cost $15 18\n Interest cost 110\n return on plan assets\n Recognition prior service cost 16\n Net post-retirement benefit expense $140 134"
}
{
    "_id": "d1b351262",
    "title": "",
    "text": "\n Deposits restricted cash security deposits lease agreements.\n Deferred implementation costs long-term contracts recovered revenues. Topic 606 capitalized expensed incurred obligations. adjusted earnings July 1, 2018.\n Capitalized costs sales commissions eligible capitalization.\n Investments non-marketable equity securities partner. interests 4% to 20%. accounted equity method. net income losses recorded Consolidated Statements Income. June 30 2019) $13. 7 million 2018 2017 $6. million. million.\n Long-term expenses advance payments licenses amortized miscellaneous assets.\n June 30 2019 2018\n Deposits restricted cash $13,671 $9,479\n Deferred implementation costs 13,740\n Capitalized costs contract 35,593 13,027\n Investments 67,002 49,635\n32,711 25,386\n $148,977,267"
}
{
    "_id": "d1b39e936",
    "title": "",
    "text": ". Operating\n key amounts\n year 31 March 2019 €80 million credit €127 million charge\n.\n foreign exchange losses\n Depreciation property plant equipment\n Owned assets 5,795 5,963 6,253\n Leased assets\n Amortisation intangible assets 3,941 4,399 4,821\n Impairment goodwill subsidiaries associates arrangements\n Staff costs 5,267 5,295\n inventory 5,886 6,045 6,464\n Operating lease rentals 3,826 3,788 3,976\n Loss disposal property intangible assets\n costs construction acquisition\n Net gain VodafoneZiggo"
}
{
    "_id": "d1b377714",
    "title": "",
    "text": "Accrued Expenses\n December\n Payroll incentive compensation $ 3,009 1,937\n lease liabilities\n Real estate taxes\n expenses $ 4,087 2,777"
}
{
    "_id": "d1b3bd4a8",
    "title": "",
    "text": "ADVANCED INDUSTRIES. FINANCIAL STATEMENTS share\n account uncertain tax positions minimum recognition threshold before. unrecognized tax benefits\n unrecognized tax benefits $13. 0 million impact tax rate. accrued interest penalties tax expense. $3. 0 million $1. 2 million accrued interest penalties December 31, 2019 2018. tax contingencies decrease $3. 5 million 2020 statute limitation expiration.\n Company subject federal income tax examinations before 2016.\n December\n Balance $13,162 $15,990 $11,401\n Additions tax positions\n Reductions prior (4,295)\n lapse statute of limitations\n settlement\n Balance end period $13,009 $13,162 $15,990"
}
{
    "_id": "d1b346f9c",
    "title": "",
    "text": "February 6, 2018 Company Board Directors approved separation smart camera NETGEAR initial public offering spin-off. August 2, 2018 Arlo Technologies. NETGEAR offering $16. 00 per share New York Stock Exchange August 3, 2018. August 7 generated proceeds $170. 2 million corporate purposes. common stock 74,247,000 shares NETGEAR held 62,500,000 shares 84. 2%. December 31, 2018 NETGEAR distribution 62,500,000 shares. NETGEAR owns Arlo. pro rata dividend stockholder. 980295 shares.\n Company ceased interest Arlo assets liabilities results cash flows discontinued operations Statements.\n incurred expense $34. 2 million December 2017.Separation expense third-party consulting legal services IT costs employee bonuses related incremental. costs reflected in Company consolidated statement. third quarter 2018 contributed $70. 0 million cash to Arlo transfer assets assumption liabilities master separation agreement. agreement governs separation Arlo business interim arrangements. third fourth quarter NETGEAR reduction operating expenses $6. 3 million transition services reflected. third quarter provided billing collection services Arlo. December 31, 2018 net liability to Arlo $12. 2 million classified accounts payable balance sheets. after Distribution. agreements transition services tax matters employee matters intellectual property cross-license registration rights. incurred expense $34. 2 million December 2017.Separation expense third-party consulting legal services IT costs employee bonuses related incremental. costs reflected in Company consolidated discontinued. third quarter 2018 contributed $70. 0 million cash to Arlo transfer assets assumption liabilities master separation agreement. governs interim arrangements. third fourth quarter NETGEAR reduction operating expenses $6. 3 million transition services reflected. third quarter provided billing collection services Arlo. December 31, 2018 net liability to Arlo $12. 2 million classified accounts payable balance sheets. after Distribution. agreements transition services tax matters employee matters intellectual property rights cross-license registration rights.\n financial results Arlo income discontinued operations net tax in consolidated\n statements. financial results\n Year Ended December 31,\n\n revenue $464,649 $367,751\n 372,843 279,425\n Gross profit 91,806 88,326\n expenses\n Research development 48,696\n Sales marketing 39,713\n 17,762\n Separation 31,583\n Litigation reserves\n expenses 137,754 44,303\n (45,948) 44,023\n Interest income 1,239\n,750\n (9 13,921\n $(35,655) $30,569"
}
{
    "_id": "d1b3143b2",
    "title": "",
    "text": "Lockheed Martin\n August 16, 2016, Leidos Holdings. merged IS&GS Trust.\n 2017 adjustments assets liabilities $337 million increase goodwill. changes intangible assets property plant equipment deferred tax assets accounts payable accrued liabilities.\n January 10, 2018 net working capital IS&GS arbitration Separation Agreement. $24 million acquisition costs 2017. January 18, 2018 final working capital $105 million paid Lockheed Martin $24 million $81 million cash flows operating investing.\n 2018 tax indemnification liability $23 million paid Lockheed Martin cash flows financing.\n expenses acquisition integration IS&GS Business\n consolidated statements income.\n 3\n Acquisition costs\n Integration costs\n"
}
{
    "_id": "d1b34be20",
    "title": "",
    "text": "Directors’ emoluments\n management IAS 24. Total remuneration.\n post-retirement Annual Report Remuneration 2019 pages 102 132. share-based payments charge Performance Share Plan Employee Share Ownership Plan Note 23.\n Salaries short-term benefits.\n Post-retirement benefits.\n Share-based payments.\n Directors' remuneration."
}
{
    "_id": "d1b33f59e",
    "title": "",
    "text": "summary amounts reclassified AOCI years June 30 2019 2018:\n Amounts debits income/loss.\n AOCI components net periodic benefit cost Note 11.\n Reclassified AOCI\n Years Ended June 30\n gain\n AOCI Components\n Cash flow hedging items\n Commodity contracts Cost sales.\n Foreign exchange contracts Net sales.\n Forward interest rate swaps expense.\n Total tax.\n.\n Net tax $4.\n Amortization pension postretirement benefit plan items\n actuarial loss.\n service cost.\n tax.\n.\n Net tax."
}
{
    "_id": "d1b33ca56",
    "title": "",
    "text": "RESULTS OPERATIONS\n Revenue\n Reflects client arrangements license cloud maintenance renewal.\n expect revenue mix subscription offerings cloud slower revenue growth. Revenue cloud recognized service period term perpetual license upfront when rights effective.\n increase cloud revenue reflects preferences cloud. due large multi-year term license contracts. offset by contracts multi-year maintenance.\n increase maintenance revenue due growth value installed software strong renewal rates 90%\n decrease shift subscription\n revenue fluctuates new projects. personnel new license cloud arrangements Report.\n decrease consulting revenue due billable hours.\n Cloud $133,746 15% 82,627 $51,119 62%\n Term license 199,433 22% 178,256 20% 21,177 12%\n Maintenance 280,580 30% 263,875 16,705 6%\nSubscription 613,759 67% 524,758 89,001\n Perpetual license 80,015 109,863,848\n 217,609 256,960,351\n $911,383 $19,802"
}
{
    "_id": "d1b38c38a",
    "title": "",
    "text": "VALUATION QUALIFYING ACCOUNTS\n millions\n exchange immaterial reclassifications.\n Financing Receivables\n ended July 29, 2017\n. $375 $249\n Provisions\n Recoveries.\n exchange.\n fiscal year $295 $211\n ended July 28, 2018\n. $295 $211\n Provisions (89)\n Recoveries.\n.\n fiscal year $205 $129\n ended July 27, 2019\n $205 $129\n Provisions\n Recoveries\n exchange.\n fiscal $126 $136"
}
{
    "_id": "d1b38db72",
    "title": "",
    "text": "table summarizes revenues product categories\n Endpoint protection. Network web security. WSS PKI divested October 31, 2017. email security managed security consulting.\n Consumer security Norton VPN. Identity LifeLock theft.\n revenue\n March 29, 2019 2018\n Enterprise Security\n $1,027 $983 $947\n Network web security 748\n WSS PKI 238\n Security $2,323 $2,554 $2\n Consumer Cyber Safety\n $1,471 $1,504\n Identity protection\n 2,408 2,280 1,664\n net revenues $4,731 $4,834 $4,019"
}
{
    "_id": "d1b3274f8",
    "title": "",
    "text": ". NET INCOME (LOSS) PER SHARE\n earnings shares.\n Diluted dilutive securities-dilutive. securities include stock options restricted stock units senior convertible debentures.\n diluted net income share\n 2019 2018 2017 dilutive stock options restricted stock units warrants convertible debt anti-dilutive. excluded diluted net loss.\n Fiscal Year\n December 29, 2019 2018 31, 2017\n net income (loss per share\n $22,159 $(811,091) $(929,121)\n weighted-average common shares 144,796 140,825\n net income (loss) per share. $(5. $(6.\n Diluted net income (loss) per\nincome $22,159(811,091),121\n $22,159,121\n weighted-average common shares 144,796 140,825 139,370\n dilutive securities\n Restricted stock units\n shares 147,525 140,825 139\n Dilutive income share."
}
{
    "_id": "d1b34f8f4",
    "title": "",
    "text": "ASC 606 deferred revenues costs fleet management finance increased-service lives. Deferred income tax assets deficit. cumulative\n Deferred product costs Prepaid expenses $5. 4 million $6. 0 million March 1, 2018.\n ASC 606\n February 28, Adjustments March 1\n Prepaid expenses assets $12,000 $13,891\n Deferred income tax assets 31,581\n Other assets 18,829 3,145\n Liabilities Stockholders' Equity\n Deferred revenue $17,757 2,156\n non-current liabilities 24,249\n"
}
{
    "_id": "d1b39ff66",
    "title": "",
    "text": "Intangible Assets\n software $2,526 $12,666 2019 2018 intangible asset. Amortization $7,464 $3,832 revenues sales marketing expenses Consolidated Statements Operations Loss.\n US $000\n Accumulated amortization Net value\n Acquired technology 15,556\n Software costs 24,963 9,226 15,737\n Acquired customer relationships\n Purchased software 6,973 4,503 2,470\n intangible assets\n 48,578"
}
{
    "_id": "d1b38b32c",
    "title": "",
    "text": "Accounts Receivable\n December 31, 2019 2018 allowances doubtful accounts $1. 8 million $1. 3 million against Restaurant/Retail accounts. Write-offs $0. 3 million. 4 million. bad debt expense statements $0. 8 million. million.\n Receivables unconditional rights payments customers.\n Government segment\n $11,608 $9,100\n billings\n Restaurant/Retail\n 30\n $26"
}
{
    "_id": "d1b2e46e4",
    "title": "",
    "text": "OPTION PRICING MODEL\n fair value options binomial option pricing model. assumptions valuation.\n dividend growth strategy. volatility share price. risk-free rate equal yield Government Canada bonds life options\n fair value option $2. 34.\n share price $58 $57\n exercise price $58 $56\n dividend growth 5%\n volatility 14%\n Risk-free interest rate 2%\n life"
}
{
    "_id": "d1b37762e",
    "title": "",
    "text": "reconciliation U. S federal taxes expense\n. statutory rate 21% 2019. 58% 2018 35%\n 2017.\n.\n tax benefit 2019 $216 million Switzerland Federal Act Tax Reform AHV Financing $90 million tax audit non-U. S. jurisdiction $15 million legal entity restructurings transactions. Tax.\n 2018 $1,222 million restructurings September 28, 2018. non-U. S. loss carryforwards differences subsidiaries offset $46 million increase valuation allowance. federal tax credit carryforwards. $567 million Tax Cuts Jobs Act $61 million benefit legal entity restructurings December 29, 2017. Cuts Jobs.\n tax expense 2017 $52 million benefit transactions reduction valuation allowance. tax loss carryforwards $40 million benefit share-based payments ASU No.2016-09 $14 million income tax benefit pre-separation.\n 2019 2018 2017\n. federal income tax expense statutory rate $ 406 551 602\n Adjustments expense\n. state income tax benefit\n Tax law changes\n credits\n Non. (166) (213)\n accrued income tax liabilities\n Valuation allowance\n Legal entity restructuring transactions\n Excess tax benefits share-based payments\n Income tax expense (344)"
}
{
    "_id": "d1b2f4fc6",
    "title": "",
    "text": "VMware’s payments for arrangements\n includes indirect taxes Dell.\n VMware purchases Dell products channel partners. not significant.\n VMware Dell joint marketing sales branding product development arrangements incur costs.\n fourth quarter fiscal 2020 VMware 250 employees. centralizes resources. completed fourth quarter consolidated financial statements. expects Dell consulting solutions.\n third quarter 2019 VMware acquired technology employees Dell EMC Service Assurance Suite Dell. common control. purchase price reduction earnings. Transition services provided 18 months not significant.\n second quarter fiscal 2018 VMware acquired Wavefront, Inc. Dell paid $20 million for non-controlling ownership Wavefront.\n January 31, 2020 February 1, 2019 2, 2018\n Purchases leases $242 $200 $142\nDell subsidiary 145"
}
{
    "_id": "d1b3ba3c0",
    "title": "",
    "text": "Earnings per share profit period shareholders divided by weighted average shares. potential share rights dilute ownership.\n adjusted remove shares Woolworths Custodian Pty Ltd trustee trusts\n Includes 8. million. shares issued employee performance rights.\n 2019 off-market share buy-back 27 May 2019. million shares cancelled. Note 4. details buy-back.\n 53\n Profit equity holders parent entity\n earnings per share$M\n 1,493 1,605\n Discontinued 1 119\n 1,724\n Weighted average shares earnings\n earnings 1,305. 1,300.\n Diluted earnings per 1,313. 1,303.\n 114. 123.\n 91.\n 206. 132.\n earnings\n 113. 123.\n 91.\n. 132."
}
{
    "_id": "d1b361266",
    "title": "",
    "text": "\n table goodwill\n January 31, 2020 February 1, 2019\n $7,418 $6,660\n Increase goodwill business combinations 1,911 784\n $9,329 $7,418"
}
{
    "_id": "d1b32ae78",
    "title": "",
    "text": ". Financial instruments management\n Credit risk\n composition receivables 31 December\n Group monitors credit checks credit approval limits. receivables past due not impaired low risk.\n provision credit losses. 20. value impaired receivables $1. 4 million (2018 $0. 9 million. maximum exposure credit risk carrying amount.\n impaired past due.\n not impaired\n Less 30 days overdue.\n 30 60.\n 60.\n receivables."
}
{
    "_id": "d1b30fc4a",
    "title": "",
    "text": "Research Development Expenses personnel expenditures. invest essential competitive position.\n Excluding stock-based compensation\n research development expenses flat 2019 offset stock-based compensation.\n Year Ended May 31,\n Percent Change\n Research development $5,063 -2% 0%\n Stock-based compensation 5%\n Total expenses $6,026 -1% 0%\n % Total Revenues 15%"
}
{
    "_id": "d1a71cfa0",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS\n. CASH FLOW\n non investing financing years December 31,\n extinguishment TV Azteca.\n cash flow\n interest $750. $789. $712.\n income taxes refunds $11. $25. $20. 147.\n Non-cash investing financing\n accounts payable accrued expenses purchases property equipment construction.\n Purchases property leases easements capital leases.\n debt acquisitions 329.\n Commercialization Rights.\n Conversion third-party debt equity.\n acquisition communication sites."
}
{
    "_id": "d1b2e5d50",
    "title": "",
    "text": ". Income taxes\n normal Company takes positions on tax returns challenged by\n authorities. evaluates uncertain tax positions\n. If not likely\n records liability for benefit not likely\n when settled. liability for uncertain tax positions at December 31,\n 2019 expect increase twelve months\n ended December 31, 2020 changes could\n. changes tax benefits impact\n effective income tax rate.\n takes positions tax returns. evaluates uncertain positions. If not likely records liability for benefit not likely when settled. liability for uncertain tax positions at December 31, 2019 expect increase twelve months ended December 31, 2020 changes liability could different. changes tax benefits impact effective income tax rate. takes positions tax returns challenged. evaluates positions.Company determines tax position not likely records liability for benefit. liability for uncertain tax positions at December 31, 2019 expect months December 31, 2020 changes could. changes tax benefits impact income tax rate. Company takes positions tax returns challenged by authorities. evaluates uncertain tax positions. records liability for benefit not likely. liability at December 31, 2019 2020 changes could. changes tax benefits impact effective income tax rate.\n Company files income tax returns US federal state foreign jurisdictions. subject to US federal state tax examinations 2004 to 2019. tax examinations foreign jurisdictions 2005 to 2019.\n reconciliation of Federal statutory income taxes to financial statements.\n Years Ended December 31,\n 2019 2018 2017\nincome tax,061),690,892)\n State taxes federal benefit (2,973\n foreign operations\n Non-deductible expenses,350\n Federal tax rate change\n TCJA foreign earnings (2,296\n Changes valuation allowance\n Income tax expense(15,154,715),242)"
}
{
    "_id": "d1b3a4dea",
    "title": "",
    "text": ". CAPITAL STRUCTURE\n table summarizes debt financial ratios two years 2020 guidelines\n mid-range guidelines. Excludes deferred costs fees includes interest rate swaps. LIBOR rates considered. interest rate swaps. Net indebtedness bank indebtedness balance business combinations long-term debt less cash equivalents. Adjusted EBITDA financial expense 2018 eight months MetroCast operations. interest coverage.\n 2019 leverage ratio indebtedness EBITDA declined sale Cogeco Peer 1 $720 million growing adjusted EBITDA reduction indebtedness. 2020 IFRS 16 Leases leverage ratio growing adjusted EBITDA reduction.\n Years ended August 31,\n Average cost.\n Fixed rate 78%\n long-term debt.\n Net indebtedness(4) adjusted.\n financial."
}
{
    "_id": "d1b3616a8",
    "title": "",
    "text": "table activity 2019 2018 finite assets\n Company reviews long-lived assets impairment. impairment loss future cash flows less than carrying amount.\n loss measured excess carrying amount over fair value. 2019 2017 no impairment losses. Impairment loss 2018 $2. 2 million acquired technology.\n Years Ended December\n 2018\n Beginning balance $240,500 $310,645\n Transfers\n Amortization (57,015)\n Impairment losses (2,198)\n Ending balance $187,971 240,500"
}
{
    "_id": "d1b3bca94",
    "title": "",
    "text": "Horizon Clinicals Series2000 Revenue Cycle Discontinued\n acquired after March 31, 2018. decision prior presented discontinued operations.\n Until first quarter 2018 maintenance support customers transitioned platforms. No disposal gains losses December 31, 2018. $0. 9 million accrued expenses Horizon Clinicals consolidated balance sheets December 31, 2018\n summarizes income expense discontinued December 2018 2017:\n pretax profit discontinued operations Horizon Clinicals\n Software delivery support maintenance $9,441 $10,949\n Client services\n 2,322\n 3,152\n Gross profit 6,693 8,814\n Research development 1,651 1,148\n Income before taxes 5,042 7,666\n provision\nHorizon Clinicals $3,731 $4,676"
}
{
    "_id": "d1b338a6e",
    "title": "",
    "text": "Balance Sheet Adjustments\n new accounting standards\n balance March 30 includes $107 million deferred commissions $94 million. $99 million commissions $86 million.\n long-term deferred commissions $35 million taxes $61 million deferred assets $46 million. $92 million $29 million deferred assets $828 million.\n Balance March 30 Revenue Recognition Accounting Income Taxes Opening Balance March 31,\n Accounts receivable $809 $833\n assets $522\n long-term assets $526\n Total assets $15,759\n Short-term contract liabilities $2,368\n liabilities $372\n Long-term liabilities $735\n Deferred income tax liabilities $592\n Total liabilities $10,736\nearnings $197,267"
}
{
    "_id": "d1b2ff39a",
    "title": "",
    "text": "Operations\n tables financial data periods\n December 31,\n 2019\n Revenues $1,177. $1,114. $1,051.\n Expenses\n Operating 646. 625. 569.\n Depreciation amortization 236. 217. 206.\n Transition integration costs.\n expenses. 849.\n Operating income. 265. 262.\n Operating margin 24.\n Interest expense.\n.\n Earnings taxes equity losses unconsolidated affiliates 224. 206. 192\n Income tax expense 41.\n Earnings equity losses unconsolidated affiliates 182. 254\n losses.\n earnings $108. $168. $254.\n Earnings share\n Black Knight shareholders\n $0.\n shares common stock\n148. 6. 152"
}
{
    "_id": "d1b37ff2c",
    "title": "",
    "text": "Purchase Commitments with Manufacturers Suppliers\n purchase components from services. supply agreements inventory parameters. purchase commitments firm noncancelable unconditional. long pricing. agreements allow cancel reschedule adjust requirements.\n table summarizes purchase commitments with\n liability for firm noncancelable unconditional purchase commitments future demand forecasts. July 27, 2019 July 28, 2018 liability $129 million $159 million included in current liabilities.\n Commitments by Period July 2019\n Less than 1 year $4,239 $5,407\n 1 to 3 years\n 3 to 5 years\n Total $4,967 $6,477"
}
{
    "_id": "d1b3bd6b0",
    "title": "",
    "text": "Equity Securities Issuer Affiliated Purchasers\n common stock repurchased April 26, 2019\n May 2003, Board approved stock repurchase program. repurchase $13. 6 billion $4. 0 billion increase 2018. repurchased 313 million shares price $11. 7 billion. market privately accelerated repurchase programs Rule 10b5-1 plan. repurchase program discontinued.\n Shares Purchased Average Price Paid Share Dollar Value\n millions\n January 26, 2019 February 22, 2019 $ 64. 306,255 $ 2,372\n February March 3,380 $ 65. 309,635 $ 2,150\n April 26, 3,608 $72. 313,244 $ 1,889\n 7,250 $68."
}
{
    "_id": "d1b36aab4",
    "title": "",
    "text": "table presents results three businesses 2019 2018 2017\n Cloud license revenues recognized statements accounting. See Note 9 consolidated revenues\n margins reflect direct costs product development expenses. amortization acquisition restructuring stock-based compensation interest non-operating income. reconciliation income before taxes.\n Year Ended May 31,\n 2019 2018 2017\n Cloud license\n revenues $32,582 $32,041 $30,452\n services support expenses 3,597,441 2,881\n Sales marketing expenses 7,398,213 6,770\n $21,587 $21,387 $20,801\n Hardware\n revenues $3,704 $3,994 $4,152\n expenses 1,327 1,547\n Sales marketing expenses 520 643 825\n $1,857 $1,804 $1,709\n$3,240\n expenses 2,703\n $537\n revenues $39,526 $39,430\n Expenses 15,545,573,755\n $23,981 $23,857"
}
{
    "_id": "d1b39f390",
    "title": "",
    "text": ". BALANCE\n long-term liabilities\n taxes $37,385 $36,336\n Deferred compensation 39,715,895\n tax liabilities\n revenue\n Asset retirement obligations\n benefit plan liabilities 45,862 37,528\n 2,188 1,238\n $165,881 $151,956"
}
{
    "_id": "d1b347492",
    "title": "",
    "text": "Goodwill intangible assets\n Impairment\n IAS 36 (Impairment goodwill allocated cash-generating units synergies business combination goodwill.\n 2019 review. consolidated CGUs lowest goodwill Note 3. performed impairment review operating segment CGU level goodwill value 31st December\n transition impairment 31st December 2019 CGU. impairment £4. 2m recognised Watson-Marlow FlowSmart. No other impairment recognised.\n goodwill balance tested annual impairment\n carrying values assessed value use. estimated cash flows approved extended 9 years pre-tax discount rates 11-12% (2018 10-15%) short medium-term growth rates vary 3-8% 2-8%). excludes owning Thermocoax. not 10 years long-term growth rates IMF forecasts vary 1. 8-2. 5%.\n\n Steam 113. 119\n Thermal 244. 183.\n Watson-Marlow 60. 65.\n 417."
}
{
    "_id": "d1b2fc51e",
    "title": "",
    "text": ". Non-financial assets fair value measurement\n Group classified assets three levels note 9.\n Recognised value measurements\n transfers value reporting period. no transfers between levels 1 2. 30 June 2019 transferred $2. 1m 3 to $5. 7m 2 to.\n prior year 2018 transferred $4. 4m 3 to 2.\n Fair value measurements observable inputs (level 2)\n determined. 30 June 2019 2018 valued assets agreed sales price less estimated cost sale market.\n Fair value measurements unobservable inputs (level 3)\n Investment properties storage buildings for rental fair value. Changes values presented profit loss fair value adjustments.\n determined independent valuations Director valuations. accredited independent valuer. valued every three years. Directors verify inputs review results valuer.Director valuations completed by NSH Group Board. determined same techniques similar estimates independent valuer.\n Group obtains majority external valuations financial year. valuation investment property preceding unless significant change valuation.\n 1 2 3\n 30 June 2019\n Assets sale. 2 1,107\n Leasehold properties. 215,279\n Freehold. 1,874,698\n 2,089,977 2,091,084\n 30 June 2018\n Assets sale 10. 2 5,713\n Leasehold properties. 4 207,664\n Freehold. 1,377,924"
}
{
    "_id": "d1b36fdf2",
    "title": "",
    "text": "Long-term obligations\n $6. million $11. 2 million September 28, 29, 2018.\n Term Loan $385,208 $411,661\n.\n. Connecticut loan 2023\n Capital lease obligations\n-term obligations $392,238 $420,711"
}
{
    "_id": "d1b33a616",
    "title": "",
    "text": "Production start-up\n expense employee compensation costs operating line before production raw materials solar modules facility costs. equipment upgrades process improvements new site legal regulatory costs plant replication program. expense per higher new facility additional infrastructure investment.\n table shows start-up expense 31, 2019 2018 2017:\n 2019 incurred facility Lake Township Ohio. Ho Chi Minh City Vietnam. 2018 transition Series 6 module manufacturing Kulim Malaysia Ho Chi Minh City Vietnam. Perrysburg Ohio.\n Years Ended\n thousands 2019 2018 2017\n Production start-up $45,915 $90,735 $42,643 $(44,820) (49)% $48,092 113%\n % net sales 1. 5% 4. 0%. 4%"
}
{
    "_id": "d1b2e4da6",
    "title": "",
    "text": ". EMPLOYEE BENEFIT PLANS.\n sensitivities hypothetical. percent variation. sensitivities calculated. sensitivities.\n Company $5. 1 million benefit $0. 6 million Telesat Canada next fiscal year.\n December 31, 2018 1% increase\n Discount rate $(39,145) $49,361 $3,224\n Future salary growth $7,572 $(6,919)\n Medical dental trend rates $1,703 $(1,280)"
}
{
    "_id": "d1b33a9ea",
    "title": "",
    "text": ". Restructuring\n 2019 Company initiated plan sales marketing costs. incurred restructuring charges $14,765. severance headcount lease abandonment. $2,632 stock compensation unvested awards.\n restructuring accruals\n accruals future severance lease payments.\n Lease abandonment Severance payroll\n Balance March 31, 2018 $—\n Restructuring charges 1,034 14,606\n Payments (13\n Accrual reversals\n Balance March 31, 2019 $494 $1,089 $1,583"
}
{
    "_id": "d1b3c5fe0",
    "title": "",
    "text": "\n Interest income increased $1. million higher cash higher yields.\n Interest expense increased $5. 3 million $3. million long-term debt financing lease obligation $2. million Lexington. headquarters.\n decreased $3. 1 million expense $1. million sublease income. million gain Solebit acquisition. million.\n March 31, Period-period change\n Interest income $ 2,515 $ 1,310 1,205\n Interest expense (5,940)\n Foreign exchange expense\n $ (3,781) (2,727) (1,054)"
}
{
    "_id": "d1b34ca32",
    "title": "",
    "text": "Directors’ Remuneration\n earnings contributions pension schemes Sophos Group subsidiaries. details Remuneration Report pages 91 101.\n-ended 31 March 2019 2018\n emoluments.\n Gains share options.\n vesting LTIP awards.\n remuneration."
}
{
    "_id": "d1b362f12",
    "title": "",
    "text": "Orders Mobility grew high orders rolling stock services. major wins € 1. 6 billion metro trains. € 1. 2 billion high-speed Russia €. 8 billion Canada €. 7 billion diesel-electric locomotives. Germany €. 4 billion. 3 billion. 2018 Mobility gained contracts.\n Revenue grew slightly services offset decline infrastructure. rolling stock level unfavorable timing large projects. high profitability 2019 EBITA services. Severance charges € 20 million 14 million 2018. order backlog € 33 billion € 8 billion converted revenue 2020.\n growth strong markets. Europe mid-size large orders U. Germany Austria. projects high-speed Russia. Middle East Africa uncertainties budget. Americas mainline\n urban transport U. S. Canada.\nChinese high-speed trains urban transport freight logistics rail infrastructure India. 2020 markets grow demand digital solutions. intermodal mobility urbanization. emerging countries rising incomes demand public transport.\n Fiscal year\n millions €.\n Orders 12,894 11,025 17 %\n Revenue 8,821 1 %\n Adjusted EBITA 983 958 3 %\n margin. %"
}
{
    "_id": "d1b3b8660",
    "title": "",
    "text": ". Expenses Liabilities\n payroll employee benefits $116. $105.\n 93. 120.\n operating lease liabilities 39.\n Tax-related 30. 38.\n 28. 10\n marketing advertising expenses 14. 19.\n acquisition expenses 8. 74.\n 33. 44.\n $366. $414."
}
{
    "_id": "d1b37ac20",
    "title": "",
    "text": ". Derivative Instruments\n foreign currency interest equity price risks. volatility earnings. expose credit risk. major financial institutions. loss monitored. losses defaults.\n outstanding derivatives\n July 27, 2019 July 28, 2018\n Derivatives hedging instruments\n Foreign currency $663 $147\n Interest rate derivatives 4,500 6,750\n Net investment hedging instruments 309 250\n not\n Foreign currency derivatives 2,708 2,298\n Total return swaps—deferred compensation 574 566\n $8,754 $10,011"
}
{
    "_id": "d1b32b986",
    "title": "",
    "text": "Contractual Obligations Commercial Commitments\n table summarizes non obligations commercial commitments end 2019 effect liquidity cash flows future\n wafer manufacturers starts. committed forecasted wafer volume.\n commercial commitments liabilities balance sheets.\n unrecognized tax benefits $2. 1 million. Note 10 Consolidated Financial Statements.\n Payments Due Period\n Less 1 1-3 Years 4-5 5 Years\n Contractual cash obligations\n Operating leases $2,040 $611\n Finance software lease obligations\n Wafer purchases\n purchase commitments\n obligations 3,024 1,268\n commercial commitments\n Revolving line credit 15,000\n $18,024 $16,268 $1,229 $527"
}
{
    "_id": "d1b36ed08",
    "title": "",
    "text": ".\n September 28, 2019 29, 2018\n customer deposits excess inventory risks. deposits Balance $136. 5 million $87. 7 million.\n 2019 Topic 606 contracts retrospective. prior year information accounting 2018. Note 15 Contracts.\n Raw materials $577,545 $579,377\n Work-in-process 49,315 102,337\n Finished goods 74,078 112,632\n inventories $700,938 $794,346"
}
{
    "_id": "d1b371d0a",
    "title": "",
    "text": "Capital\n cash-term investments funds. treasury bills. available-for-sale. securities market value unrealized gains losses. December 2019 investments $89. 5 million $35. 4 million $124. 9 million 2018.\n cash flow 2019 2018 2017\n $34. 1 million $69. 9 million $74. 4 million decrease income $25. 6 million deferred revenue $4. 2 million assets $2. 1 million increase accounts receivables. million accrued compensation $3. 8 million long-term liabilities. ASC 606 2018. 5 million non-cash charges $3. 2 million stock-based compensation expense. million Facility $1. 3 million depreciation amortization expense. shortened Facility. million deferred income taxes.\n $10. 9 million $2. 7 million.investing 2018. 2019 $20. million. offset purchases $8. 9 million purchases $0. 2 million. $26. million. offset purchases $17. 7 million purchases property $0. 1 million.\n 2019 $1. 3 million decrease $9. 5 million $8. 2 million 2018. $2. 7 million treasury stock offset $1. 4 million stock option purchases. $8. 2 million.\n $69. 9 million $43. 8 million 2017. million change $99. 6 million net income $45. 3 million $54. 3 million $27. 0 million deferred revenue offset $7. million assets $4. 2 million prepaid expenses assets $3. 7 million accounts payable. ASC 606 2018. non-cash charges $2. 6 million higher stock-based compensation expense.\n2018 $8. 2 million decrease $2. 8 million $11. 1 million 2017. $26. 0 million offset purchases $17. 7 million purchases $0. 1 million. 2017 $35. 0 million offset purchases $23. 8 million purchases $0. 1 million.\n 2018 $8. 2 million increase $7. 7 million $0. 5 million 2017. $8. 2 million stock exercises purchases. 2017 $0. 8 million offset repurchases treasury stock $0. 3 million.\n cash investments working capital needs twelve months. investments $89. 5 million December 31, 2019 5% foreign subsidiaries repatriation tax. reinvest earnings foreign operations domestic operations. invest IP portfolio cash. December 31, 2019 $30. 6 million share repurchase program.capital expenditures property 2020 less $1. million. Part I Item 1A Factors Annual Report Form 10-K.\n Ended December 31,\n 2017\n operating $(34,099) $69,924,829)\n investing $10,920 $8 $11,068\n financing $(1,331) $8,205"
}
{
    "_id": "d1b349954",
    "title": "",
    "text": "Operating Revenues\n.\n Consumer’s revenues increased $1. 3 billion. 4% 2019 Service revenues Wireless equipment.\n increased $1. 2 billion. 8% wireless Fios revenues wireline voice.\n revenue increased $1. 3 billion 2. 5% plans declining fixed-term subsidized plan base reseller accounts. postpaid ARPA increased 2. 3%.\n Fios revenues $10. 4 billion increased $92 million 0. 9% 2018. 2. 5% increase Internet connections 5. 1% decrease video connections.\n wireline voice broadband declined 2019. 9. 1% voice connections competition substitution.\n Wireless Equipment Revenue decreased $827 million 4. 4% 2019 sales handset upgrade cycle promotions. offset higher priced units.\nRevenue includes regulatory fees cost recovery surcharges device protection package leasing interest equipment. increased $1. billion. 4% 2019 2018 due pricing increases wireless protection plans regulatory fees.\n December 31,.\n $65,383 $ 64,223 $ 1,160.\n Wireless equipment 18,048 18,875.\n 7,625 6,664.\n Operating Revenues $ 91,056 $ 89,762 1,294.\n retail 94,544,507\n postpaid 90,481 89,861.\n Internet connections 5,902 5,760.\n video connections 4,152 4,377.\n Broadband connections 6,467 6,460.\n Voice connections 5,754 6,332.\n Additions\n.\n 1,129.\nretail postpaid phones 737 498 239 48.\n Churn Rate\n. 28%. 25%\n. 05%.\n. 79%. 76%\n Account Statistics\n 118. 13 $115. 48. 65.\n accounts 33,875 34,086 (211).\n connections. 67. 64. 03."
}
{
    "_id": "d1b2ea8fa",
    "title": "",
    "text": "Americas 2019 Exit Plan\n first quarter 2019 initiated restructuring operating model. agent attrition absenteeism. closing centers consolidating leased space. management reorganization. finalized actions September 30, 2019.\n Americas 2018 Exit Plan\n second quarter 2018 initiated restructuring capacity utilization closing centers consolidating space. Canada finalized site closures December 31, 2018 reduction seats.\n actions cost savings lower depreciation expense.\n cumulative costs cash non expenditures December 31, 2019\n.\n salaries.\n paid $12. 3 million cash December 31, 2019 $10. 4 million Americas 2018 Exit Plan $1. 9 million 2019 Exit Plan.\n Lease obligations facility exit costs $7,073\n Non-cash charges\nnon-cash 244\n"
}
{
    "_id": "d1b2f48d2",
    "title": "",
    "text": ". Remuneration year ended March 31, 2019\n. Non-Executive Directors\n Chandrasekaran Chairman abstained receiving commission\n Company.\n no payment commission\n Non-Executive Directors full time employment\n.\n Relinquished Independent Director. July 10, 2018.\n Relinquished Independent Director. September 28, 2018.\n Additional Independent Director. December 18, 2018.\n Additional Independent Director. January 10, 2019.\n Chandrasekaran Chairman.\n Aman Mehta 315.\n Thyagarajan.\n Clayton 75.\n Ron Sommer.\n.\n Aarthi.\n Pradeep Kumar 150.\n.\n.\n.\n."
}
{
    "_id": "d1b30a4fc",
    "title": "",
    "text": "Adjusted cash flow\n reconciliation net cash IFRS adjusted basis. Board performance Group focus Net capital expenditure control.\n cash conversion 2019 84% (2018 91%). divided profit.\n Financial Review page 58.\n Net cash activities IFRS 227. 212.\n Acquisition disposal costs.\n Net capital expenditure intangibles.\n Tax 78. 61.\n Repayments lease liabilities.\n Adjusted cash operations 238."
}
{
    "_id": "d1a740c66",
    "title": "",
    "text": "Cash Flows\n table consolidated cash flow\n Operating Activities cash 2019 due increased accounts payable accrued expenses liabilities decreased inventories non-cash expenses offset contract assets accounts receivable. increase due collections securitization purchases cash payments. decrease inventories ASU 2014-09 reclassification contract assets offset increase sales 2020. increase contract assets ASU 2014-09. increase accounts receivable driven securitization programs higher sales timing collections.\n Investing Activities capital expenditures assets acquired offset proceeds sale property equipment cash receipts-backed securitization programs.\n Financing Activities due debt agreements repurchase common stock dividend payments treasury stock minimum tax withholding. offset borrowings debt agreements proceeds stock options common stock employee purchase plan.\nFiscal Year Ended August 31,\n operating $1,193,066,105,448,464,085)\n investing (872,454 1,240,914 2,141,263\n financing (415,772,044\n exchange rate cash,392 5,228\n $(94,606 $68,030 $277,860"
}
{
    "_id": "d1b32f6da",
    "title": "",
    "text": "Autodesk applies fair value accounting for financial assets liabilities cash equivalents marketable securities instruments. defines fair value as price selling liability transaction market participants. Fair value estimated hierarchy prioritizes inputs three levels lowest level 1) observable inputs quoted prices active markets 2) 3) unobservable inputs little market data assumptions. uses observable market data relies unobservable inputs. reviews changes quarterly.\n cash equivalents marketable securities financial instruments classified Level 1 or 2 fair value hierarchy. values securities on pricing vendors quoted prices. Level 2 securities valued using observable inputs. Level 3 securities convertible debt securities derivative contracts.\n reconciliation change in Level 3 items fiscal year ended January 31, 2019\nexpense Statements Operations.\n Fair Measurements Inputs\n Contracts Convertible Debt Securities\n Balances January 31, 2018 $1. $7. $8.\n Settlements.\n Gains earnings.\n Losses OCI.\n Balances January 31, 2019. 8 $4. 4 $5."
}
{
    "_id": "d1b2fbc2c",
    "title": "",
    "text": "Income Taxes effective income tax rates income tax jurisdictions. 2018 Tax Act signed law. significant provisions “Impacts U. S. Tax Cuts and Jobs Act of 2017”. Note 14 Consolidated Financial Statements differences between effective income tax rates. federal statutory income tax rates. Future tax rates affected by shift earnings higher tax rates changes tax laws adverse rulings tax litigation shortfalls stock-based compensation.\n income taxes decreased 2019 due initial accounting charges Tax Act. impacts final accounting Tax Act tax profile deferred tax asset realignment legal structure lower income before provision taxes. decreases offset by lower excess tax benefits stock-based compensation expense less favorable changes net unrecognized tax benefits due settlements tax authorities.\n Year Ended May 31,\n Percent Change\n2019\n income taxes $1,185 $8,837\n tax. 7%. 1%"
}
{
    "_id": "d1b3c460e",
    "title": "",
    "text": "Original Equipment Manufacturers end-customers direct marketing engineering support Distribution customers distributors representatives.\n revenues Distribution 5 2018 30% share total revenues 2019. 2018 2017 revenues Distribution 1.\n Ended December\n 2019 2018 2017\n net revenues\n OEM 70% 65% 66%\n Distribution 30 35 34\n 100%"
}
{
    "_id": "d1b393522",
    "title": "",
    "text": "Share-Based Payment Expense\n employee services\n awards social security taxes. 31 March 2019 $1. 6M $3. 1M.\n-ended 2019\n Cash-settled transactions.\n Equity-settled transactions.\n share-based payment expense 36."
}
{
    "_id": "d1b389b4e",
    "title": "",
    "text": "Leases\n Consolidated Balance Sheet\n Additions right-of-use assets 2019 were $0. 3 million.\n Consolidated Statement of Comprehensive Income\n leases total cash outflow leases 2019 $8. 6 million.\n group’s leasing activities\n leases property motor vehicles connectivity links varying terms escalation clauses renewal rights.\n Leases recognised right-of-use liability. lease payment allocated between liability finance cost. finance cost charged profit loss lease term constant interest. right-of-use depreciated life lease term.\n Assets liabilities lease measured present value. liabilities include value lease payments\n fixed payments\n variable lease payments\n residual value guarantees\n exercise price purchase option\n penalties terminating lease.\nlease payments discounted interest rate borrowing rate.\n Right-of-use assets measured cost\n initial lease liability\n payments incentives\n initial costs\n restoration costs.\n Payments short-term low-value recognised expense profit loss. Short-term leases 12 months or less. Low-value assets IT-equipment office furniture.\n Extension termination options\n property equipment leases. operational flexibility. exercisable Group not lessor.\n June 2019 2018\n Right-of-use assets\n Properties\n Motor Vehicles\n Connectivity Links\n"
}
{
    "_id": "d1a735078",
    "title": "",
    "text": "Stock-Settled Appreciation Rights\n value difference shares exercise. settled shares Agilysys.\n Black-Scholes-Merton option pricing model value. assumptions SSARs 2019 2018\n risk-free interest rate based yield zero coupon U. S. Treasury bond expected life. estimated historical data. fair value recognized vesting period graded vesting method. compensation cost unvested amounts recognized grant date.\n Risk-free interest rate 2. 68%.\n Expected life years 5\n volatility 32. 42%.\n average grant date fair value $4. 72 $3."
}
{
    "_id": "d1b30e408",
    "title": "",
    "text": "Annual Contract Value\n measures future cash flows Pega Cloud Client Cloud arrangements reporting period.\n ACV sum components\n Client Cloud annual value license contract maintenance revenue quarter multiplied four. hosting services.\n Pega Cloud annual value contract.\n foreign currency exchange rates ACV growth rates constant currency enhances performance.\n Maintenance  $292,696  $269,708  $22,988 9%\n Term  231,267  190,349 40,918 21%\n Client Cloud 523,963  460,057 63,906 14%\n Pega Cloud 169,329  109,973 59,356 54%\n Total ACV $693,292  $570,030  $123,262 22%"
}
{
    "_id": "d1b35c0d6",
    "title": "",
    "text": "Net Income per Common Share\n based average common Class A shares. includes dilutive effects stock options unvested restricted shares.\n calculated. Diluted effects options shares. June 3, 2017 restricted shares 131,292 excluded\n antidilutive. computations\n 2019 2018 2017\n Net income (loss) Cal-Maine Foods. $54,229 $125,932 $(74,278)\n-average common shares Class A 48,467 48,353 48,362\n Effect dilutive securities\n stock options restricted stock\n Dilutive potential common shares 48,589 48,468\n Net income (loss) per common share\n. $2.\n."
}
{
    "_id": "d1b39a084",
    "title": "",
    "text": "Employees’ information\n Share payments\n share options schemes\n exercised vested.\n non-vested SIP free shares partnership shares matching shares.\n prices 31 December 2019 Share Option Schemes 304 309 Save As You Earn Scheme 77 278.\n Share Option Schemes\n shares intu properties Company Share Option Plan Non-approved Executive Share Option Scheme.\n options not exercised three years performance conditions forfeited. options lapse 10 years.\n Performance Share Plan\n operates employees Remuneration Committee\n Awards cost options conditional share joint share ownership fixed-value zero option.\n 2020 PSP awards 50 Total Shareholder Return real estate intu’s Total Property Return MSCI UK Shopping Centre benchmark. change 2019 awards TSR targets Remuneration Committee financial performance.awards vest three years following grant additional two year post vesting period shares Remuneration Committee.\n Bonus Share Scheme\n shares awarded deferred.\n Restricted Additional Shares July 2019. Restricted Shares vest two three years after award Additional Shares four or five years after. Vesting subject to continued employment. no further performance conditions.\n Additional Shares equal 50 per cent. No Additional Shares outstanding 1 January 2014 no awards.\n Share Incentive Plan\n eligible employees £3,600 annual bonus. tax-advantaged scheme.\n Free Shares held in trust three years withdrawn. two years qualify HMRC tax advantages.\nCompany offers employees Partnership share scheme invest £1,800 pre-tax salary 10 per cent shares 12-month period. one share Matching two Partnership Shares purchased. Matching Shares forfeited if leaves three years qualify for tax advantages five years.\n Save As You Earn Scheme\n Group operates employees save £500 per month three or five years proceeds purchase shares. option purchase shares average mid-market closing share price three discounted 20 per cent. Options exercised six months savings period.\n F Joint Share Ownership Plan)\n employees intu properties Unapproved Share Option Scheme replaced Non-approved Executive Share Option Scheme. shares held jointly by employee trustee increases share price dividends allocated between owners.\n same as Non-approved Executive Share Option Scheme.\nJanuary 2019 Granted Exercised Expired 31 December\n Share Option Schemes 7,938,601,137,073\n Performance Share 7,008,260 3,734,410,228,278 8,514,392\n Bonus Share Scheme 1,827,366 556,840 1,371,071\n Share Incentive 243,127 88,027 209,302\n Save Earn Scheme 219,136 448,368 546,332\n Joint Share Ownership Plan 4,345,305,382,972) 2,962,333"
}
{
    "_id": "d1b2f421a",
    "title": "",
    "text": "employees\n August 3, 2018 plan reduction 40 30% pre-restructuring workforce. recorded $381,000 third quarter 2018 one-time severance payments termination benefits. goal retaining clients gaining business new business.\n Employees\n March 1\n Department 2020\n Sales Marketing 41\n Engineering 13\n Professional Services 6\n Customer Support 22\n Management Administration 18\n 100"
}
{
    "_id": "d1b3ae62e",
    "title": "",
    "text": "TAXES\n tax rate jurisdictions.\n geographical breakdown taxes\n June 30\n Domestic income $269,331 $238,405 $110,562\n Foreign 171,243 147,721,989\n before taxes $440,574 $386,126 $249,551"
}
{
    "_id": "d1b370e0a",
    "title": "",
    "text": "ITEM 6. SELECTED FINANCIAL DATA\n data derived from consolidated financial statements. with Item 7 Discussion Analysis Financial Condition Results financial statements notes. information not indicative future. results differ historical Risk.\n consolidated balance sheet December 31, 2019 acquisition Speedpay Note 3 Part IV Item 15 Form.\n 2019 Accounting Standards Update 2016-02 Leases.\n December 31, 2018 ASU 2014-09 Revenue Contracts adjustment $244. 0 million retained earnings.\n December 31, 2017 reflects Baldwin Hackett & Meeks, Inc. judgment. $46. 7 million general administrative expense $1. 4 million interest expense Note 15.\n balance December 31, 2016, sale Community Financial Services assets liabilities.\n\n 2019 2018 2017 2016\n Income Statement\n revenues $ 1,258,294 1,009,780 1,024,191 1,005,701 1,045,977\n Net income 67,062 68,921 129,535 85,436\n Earnings per share\n.\n.\n shares\n 116,175 116,057 118,059 117,533 117,465\n 118,571 117,632 119,444 118,847 118,919"
}
{
    "_id": "d1b3c43d4",
    "title": "",
    "text": "7—Income Taxes\n Company incorporated Switzerland tax.\n Company income taxes Switzerland.\n Income operations 2019 2017 Years Ended March 31, 2019 2017 $212,986 $177,935 $161,544 Non-Swiss 58,147 54,330 53,445 Income before taxes $271,133 $232,265 $214,989"
}
{
    "_id": "d1b32eb86",
    "title": "",
    "text": "Liquidity Capital Resources\n table summarizes cash equivalents accounts receivable working capital\n capital assets minus liabilities. equivalents December 31, 2019. excess short deposit accounts low returns.\n Cash equivalents $119,629 $146,061 $96,329\n Accounts receivable 76,373 49,510 40,634\n Working capital 167,879 152,793 119,433"
}
{
    "_id": "d1b2ff07a",
    "title": "",
    "text": "18. Income\n Years Ended June 30\n millions 2019 2018 2017\n Unrealized gains life insurance contracts investments trusts. 8 $1. 5 $1. 7\n Interest income.\n Foreign exchange.\n Pension earnings interest deferrals.\n Pension curtailment.\n. 2\n income $0. 6. 8)."
}
{
    "_id": "d1b379d34",
    "title": "",
    "text": "FY17 PRUs.\n Compensation Committee payouts.\n Gregory. Clark 2,404,175 2,579,198\n Nicholas. Noviello 606,935\n Amy. Cappellanti-Wolf 207,142 15\n Samir Kapuria 148,322 10,798 159,120\n Scott. Taylor 414,287 30 444,447"
}
{
    "_id": "d1a739632",
    "title": "",
    "text": ". LIABILITIES\n CFO Vice President payable March 2020 payroll taxes Pension Plan Chairman President CEO. note 7.\n figures USD\n Interest 1,598\n Expenses 11,569 7\n Liabilities 3,830\n December 15,562 8,960"
}
{
    "_id": "d1b36cad0",
    "title": "",
    "text": ". Debt Capital Lease Obligations Financing\n obligations September 28, 2019 29, 2018\n June 15, 2018 Company Note Purchase Agreement issued$ 150. million unsecured senior notes $100. million. Series A Notes June 2025 $50. million. 22% Series B Senior Notes June 15 2028. NPA financial covenants financial ratios leverage minimum interest coverage ratio. Notes prepaid interest payable semiannually. September 28, 2019.\n June 15 repaid $175. million 5. 20% Senior Notes.\n May 15, 2019 refinanced -year expanded maximum commitment $300. million to $350. million extended maturity July 5, 2021 to May 15, 2024. $600. million. highest daily borrowing $250. million average $140. million.Company borrowed $1,084. million repaid $989. million 2019. covenants 2018 NPA. commitment fee daily revolver credit leverage ratio. 125% September 28, 2019.\n. Senior Notes June 15 2025\n. 22% June 15 2028\n Borrowings\n Capital lease obligations 44,492\n Unamortized deferred financing fees\n obligations 287,980\n Long-term debt capital lease 187,278"
}
{
    "_id": "d1b3396e4",
    "title": "",
    "text": "5. million. options granted Sharesave Plan price 30 pence per share.\n options 30 March 2019 32 pence contractual life 1. 6 years.\n 2018/19 Group expense £2. 1m. equity-settled share payment transactions.\n Premier Foods plc Sharesave Plan\n average exercise price\n 17,835,628 20,231,334\n Exercised (4,306,470) (3,536,539\n 5,022,240 4,988,669\n Forfeited/lapsed (2,447,511) (3,847,836)\n 16,103,887 17,835,628\n 2,673,154 792,451"
}
{
    "_id": "d1b3ba6ae",
    "title": "",
    "text": ". common stock traded NASDAQ Global Market. high low sales prices quarters\n. 2019 Board Directors declared four cash dividends$0. 40 per share. subject Board law depends results financial condition indebtedness capital requirements contractual restrictions.\n 16 Weeks\n 12 Weeks\n September July 7 April 14 January\n $91. $87. $85. $90.\n $70. $75. $74.\n 16 Weeks\n 12 Weeks\n September 30 July 8 April 15 January\n $93. $92. $95. $108.\n $81. $79. $90."
}
{
    "_id": "d1b32fd60",
    "title": "",
    "text": "Short long-term obligations\n debt $4. million. 7 million September 28, 29, 2018.\n Euro Term $2,748 $3,092\n. 2024\n. Connecticut loan 2023\n Capital lease obligations\n credit borrowings\n long-term obligations $14,863 $5,072"
}
{
    "_id": "d1b3789d4",
    "title": "",
    "text": "Figure 29. 2016/2018 LTIP Award Grants\n Market-based PRSUs one-third stock options service RSUs. Anstice 2019 canceled termination December 5 2018.\n Market-based PRSUs awarded. final shares earned 0% 150%.\n 2019 committee determined payouts 2016/2018 LTIP. stock price SOX.\n stock price performance 89. 93% SOX index 84. 47%. stock price outperformed SOX. 46% payout 110. 93% PRSUs. payouts 2016/2018 LTIP Market PRSUs.\n Target Market-based PRSUs Stock Options Service-based RSUs\n Timothy M. Archer 4,000,000 28,935 34\n Douglas. Bettinger 2,750,000\n Richard. Gottscho 3,250,000 23,509\n Patrick.Lord 1,100,000 7,957\n Vahid Vahedi\n Varadarajan 7,957"
}
{
    "_id": "d1a727e1e",
    "title": "",
    "text": ". Financial Information\n operations divided Products Licensing Technology Development. Licensing develops sells concepts. revenue sales development licenses.\n engineers scientists collaborate experts technologies potential.-service contracts customers. services. provides research.\n President Chief Executive Officer reports evaluate performance revenue operating income loss.\n table. no significant inter-segment sales December 2019 2018.\n 32% 24%, sales outside United States. China 11% revenues no country 10% 2018.\n Products Licensing revenue $44,491,041 $21,949,689\n Technology Development 26,024,674 20,967,556\n Total $70,515,715 $42,917,245\n Licensing $1,807,616 $499,323\n Technology Development 1,507,405 378,212\n $3,315,021 $877,535\n Development $397,296 $379,952\nLicensing,285 $273,185\n,185 $130,765\n,462,525 $418,349"
}
{
    "_id": "d1b37c32c",
    "title": "",
    "text": "Annual Incentive Plan Opportunities\n. FY19 Annual Incentive Target increased 60% 100% May 8 2018. $427,451.\n Target\n Gregory S. Clark 1,500,000\n Nicholas. Noviello 650,000\n Amy. Cappellanti-Wolf 308,000\n Samir 450,000\n Scott. Taylor 600,000"
}
{
    "_id": "d1b337e84",
    "title": "",
    "text": "Income Taxes\n equity investments\n Fiscal years March 31, 2018 2017 adjusted ASC 606.\n 2017\n Domestic. $95,639 $141,582\n Foreign. 74,792 45,485 9,875\n Total $170,431 $187,067 $9,808"
}
{
    "_id": "d1b3003a8",
    "title": "",
    "text": "Income Before Taxes\n Included contingent adjustments investment pension postretirement plans actuarial losses interest expense foreign exchange intercompany eliminations acquisition charges.\n increase income Semiconductor Test 2018 2019 sales 5G offset automotive analog test. System Test higher Storage Test. Defense/Aerospace instrumentation Production Board Test 5G demand. increase Wireless Test higher demand millimeter wave cellular test wireless standards 5G lower sales connectivity test. decrease Industrial Automation higher sales marketing engineering spending.\n Semiconductor Test $417. $397. $19.\n System Test.\n Wireless Test. 29.\n Industrial Automation.\n Corporate Other (14.\n $525. $467. $58."
}
{
    "_id": "d1b3a543e",
    "title": "",
    "text": "ADVANCED INDUSTRIES. FINANCIAL STATEMENTS\n. EARNINGS PER SHARE\n earnings computed income shares. diluted EPS denominator increased additional shares stock options units converted common shares.\n reconciliation weighted-average shares basic diluted earnings per share years December 31, 2019 2018 2017:\n Income operations $56,495 $147,149 $136,101\n noncontrolling interest\n Advanced Energy Industries. $56,461 $147,063 $136,101\n Basic common shares 38,281 39,081\n dilutive stock options restricted stock units\n Diluted shares 38,495 39,352\n Basic earnings per share $ 1. 47 $. 76.\n Diluted earnings."
}
{
    "_id": "d1b3578f6",
    "title": "",
    "text": "Debt\n Includes $1,502 million.$1,951 million Canadian $2,314 million.$3,156 million December 2019 2018 issued. paper program hedged. 26, Financial capital management.\n long-term debt lease liabilities $775 million 2019 finance leases $466 million 2018.\n AVERAGE INTEREST RATE DECEMBER 31, 2019\n Notes payable. 03% 1,994 3,201\n Loans trade receivables.\n Long-term debt. 77% 525\n debt 3,881 4,645"
}
{
    "_id": "d1b36ae1a",
    "title": "",
    "text": "\n Bell Canada issue notes Canadian U. commercial paper programs $3 billion. exceed $4 billion Canadian equals Bell revolving expansion credit facilities December 31, 2019. total net credit facilities drawn.\n table credit facilities December 31, 2019.\n Bell Canada’s $2. 5 billion $500 million revolving credit facilities expire November 2024 2020 $1 billion expansion credit November 2022. convert advances $500 million term loan one-year term.\n December 31, 2019 Bell outstanding commercial paper $1,502 million U. S. dollars ($1,951 million Canadian dollars. commercial paper debt due one year.\n TOTAL COMMERCIAL PAPER\n Committed\n 1,951\n 4,106\n non-committed\n"
}
{
    "_id": "d1b3bab22",
    "title": "",
    "text": "Vessel Calendar Days fleet.\n Time Charter Equivalent Rate Net Voyage Revenue TCE days.\n change due\n TCE days\n TCE rate.\n decrease disposal ten vessels 2018 three Newbuildings.\n TCE rate increased $8,560. 4%. rates Clarksons Shipping increased. 7% 2019 $31,560 $16,466. influenced Suezmax tanker rates. average TCE impacted rates not. spike first quarter 2020.\n net voyage revenues increased. 5% $124. million to $175. million.\n figures USD except TCE rate\n Voyage Revenue 317,220 289,016 9. 8%\n Less Voyage expenses.\n Net Voyage Revenue 175,450 124,004. 5%\n Vessel Calendar Days 8,395. 9%)\n Less off-hire days 293.\n days 8,102 9,470.\n $21,655 $13,095.\n expenses 8,395 9,747."
}
{
    "_id": "d1b30c09a",
    "title": "",
    "text": "Plant Equipment\n Depreciation $61 $56 $55 million 2019 2018 2017.\n January 3 2020 December 28, 2018\n Computers equipment $259 $233\n Leasehold improvements\n Office furniture\n Buildings\n Land\n Construction\n accumulated depreciation amortization\n"
}
{
    "_id": "d1b37c8ea",
    "title": "",
    "text": "GasLog. Subsidiaries\n consolidated financial statements\n years December 31, 2017 2018 2019\n amounts. Dollars\n. Voyage Expenses Commissions\n unemployment off-hire.\n December\n 2018 2019\n commissions revenue 6,456 7,555\n expenses 12,819 16,245\n 15,404 20,374 23,772"
}
{
    "_id": "d1b36279c",
    "title": "",
    "text": ".\n Company global manufacturer devices aerospace appliance automotive construction consumer industrial communications medical transportation industries. April 29, 2018 adopted ASC 606 amendments modified retrospective approach contracts.\n $0. 1 million increase retained earnings. ELECTRONICS. revenue customized goods deferring revenue material rights. impact financial statements immaterial. modified controls risks ASC 606.\n ASC 606 prior periods restated 605. impact changes accounting 2019.\n Fiscal Year Ended April 27, 2019\n Balance ASC 605\n Net Sales $1,000. $1,024.\n Cost Products Sold $734. $758.\n Total Inventories $116. $117.\n Contract Assets.\n Contract Liabilities.\n Retained Earnings $545.1|."
}
{
    "_id": "d1b325662",
    "title": "",
    "text": "NOTE 6\n collateral security refer note 16. note 8 impairment testing.\n depreciation expense plant operating equipment USD. expense USD 1. 2017: USD. Depreciation impairment losses assets capitalized dry-docking operating expenses.\n 2019 2018 2017\n plant operating equipment\n Balance 1 January 5. 8. 6.\n Adjustment transition IFRS 16.\n Additions.\n.\n Balance 31 December. 5\n Depreciation\n Balance 1 January.\n.\n Depreciation.\n Balance 31 December 3.\n 31 December 4."
}
{
    "_id": "d1b35b7bc",
    "title": "",
    "text": "Cash Flows\n 2018 2019\n summarizes net cash flows operating investing financing\n Net Cash Activities\n increased $33. million from $283. million to $317. 4 million 2019. increase $57. 7 million working capital increased cash parties $56. 3 million $20. million payables $4. 6 million trade receivables cash collateral swaps $22. 2 million $28. million total revenues decrease $29. 9 million cash interest decrease $22. 3 million movements.\n Cash Investing Activities\n decreased $250. million from $693. to $443. million 2019. $203. million increase $45. 5 million short-term investments increase $0. 8 million interest income.\n decreased $318. million from $368. to $50. $316. million bank loan repayments.GasLog decrease $60. 4 million unit $46. 7 million NOK bond repurchase $26. 6 million $18. 5 million loan costs $15. 4 million dividend $3. 7 million currency $2. 6 million lease liabilities $0. 8 million equity costs decrease $0. 5 million stock option $381. 6 million borrowings.\n Year December 31,\n 2019\n.\n operating activities $283,710 $317,423 $33,713\n investing (692,999\n financing 368,120"
}
{
    "_id": "d1b3b041a",
    "title": "",
    "text": "maintain program new product development.\n software engineers products. expertise input sales marketing product management. design manage testing quality assurance. utilize third software developers. skilled labor 24-hour development schedule time to market programming costs.\n phases research development design internal quality assurance testing. focus improving quality assurance testing infrastructure practices. enhancement research quality assurance processes.\n EFT Arcus product hosted by third-party cloud services providers. rely development. perform research development own personnel.\n R&D expenditures profile\n decreased 23% 2019 due to fewer employed software engineers technical personnel.\n Total resources expended for R&D efforts improve develop new products. not measure financial performance GAAP substitute for R&D expense capitalized software development costs. non-GAAP expended R&D limitations.resources expended R&D non-GAAP standard. limitations R&D expense software costs.\n Research Development\n December 31,\n R&D expensed $1,355 $1,883\n Capitalized software development costs $1,074 $1,276\n Total resources expensed R&D $2,430 $3,159"
}
{
    "_id": "d1b368458",
    "title": "",
    "text": "table Adjusted Gross Profit. GAAP\n depreciation amortization goods\n operating costs manufacturing lines Freshpet Kitchens expansion 2016 lines.\n non-cash share-based compensation.\n Twelve Months December\n 2017\n Gross Profit $114,197 $89,990 $72,416 $60,371 $54,649\n Depreciation expense 6\n Plant start-up expense\n Non-cash share-based compensation\n Adjusted Gross Profit $121,489 $96,938 $78,450 $66,248 $57,416\n Net Sales 49. 4%. 2%. 5%. 6%"
}
{
    "_id": "d1b330e7c",
    "title": "",
    "text": "Disaggregation Revenue\n disaggregates States.\n tax. disaggregated. revenues\n December\n.\n Tax determination $203,584 $147,847 $114,575\n returns 127,815 91,239 74,454\n Interest income funds 3,213\n returns 334,612 240,141 189,029\n Professional services 24,399 15,126 12,476\n revenue. 359,011 255,267 201,505\n. 23,410 16,831 11,654\n $382,421 $272,098 $213,159"
}
{
    "_id": "d1b37bc24",
    "title": "",
    "text": "Cloud Services Subscriptions\n hosting arrangements outsourced solutions. software third party customer-needed. arrangements subscriptions managed services.\n network fees maintenance technical support costs royalty costs.\n revenues increased $78. 8 million 9. 5% 2019 up 10. 8% $10. 8 million foreign exchange rate changes. Americas $61. 6 million EMEA $14. 7 million Asia Pacific $2. 6 million.\n Cloud services deals greater than $1. 0 million 2019 46 2018.\n increased $19. 8 million labour-related costs $19. 1 million third party network usage fees $1. 3 million. offset other miscellaneous costs $0. 6 million. increased headcount acquisitions.\n gross margin percentage increased 58% from.\nTopic 605 Cloud services $901. 5 million June 30 2019 higher $72. 5 million. 7% prior up 10. 1% $11. 0 million foreign exchange rate changes. Americas $56. 4 million EMEA $12. 4 million Asia Pacific $3. 7 million.\n $6. 4 million difference timing differences deferred 606 recognized performed. note 3 Consolidated Financial Statements.\n June 30\n 2019 2018 2017\n Americas $616,776 $61,553 $555,223 $70,216 $485,007\n EMEA 206,227 14,707 191,520 40,673 150\n Asia Pacific 84,809\n 907,812 78,844 828,968 123,473 705,495\nCloud Services Subscriptions Revenues 383,993 19,833 364,160 64,310 299,850\n Profit $523,819 $59,011 $464,808 $405,645\n Margin 57. 7%. 1%. 5%\n 67. 7%\n 22. 7%. 1%.\n Pacific 9. 4%."
}
{
    "_id": "d1b3926d6",
    "title": "",
    "text": "\n Group strong FY19 $836. 3m exceeding EBITDA. Tax payments FY19 lower capital gain sale investments.\n $198. 7m $59. 3m lower completion VHA fibre contract.\n Mobile spectrum capex $352. 4m second instalment Australian 700MHz spectrum 2017. first instalment $597. 3m paid FY18 third instalment $352. 4m payable January 2020. $86. 1m capex incurred FY19 Australian mobile network rollout. expenditure spectrum assets impaired review cessation project.\n mobile network build Singapore FY19 $80. 1m capex $147m.\n Operating cashflow 836. 868.\n Tax (128. (194.\n finance lease payments.\n.\n.\n.\n.\n Free cashflow. (316"
}
{
    "_id": "d1b33d82a",
    "title": "",
    "text": "manufacture products 107 facilities 15 serving business segments. table shows facilities geographic region business segment structure\n own majority facilities. Some secured. lease balance smaller. general purpose buildings specialized machinery. low density air cellular foam protective mailer products freight savings near customers distributors.\n occupy facilities sales distribution\n U. S. foreign countries. Some leased.-alone facilities leased. global headquarters Charlotte North Carolina. Operations.\n manufacturing warehouse office facilities well maintained suitable adequate.\n Region Food Care Product Care\n North America 44 10 37\n Europe Middle East Africa 29 11\n South America\n Asia Australia New Zealand\n Total 107 36"
}
{
    "_id": "d1b39bccc",
    "title": "",
    "text": "\n March 31, 2019 obligations-cancellable leases debt interest Note 3 Note 15 European social security pension post-retirement benefits inventory fixed asset acquisition construction\n Note 3. Customer Capacity Agreements maximum debt repayment.\n benefit payments 2029.\n additional $2. 9 million expenses timing.\n Contractual obligations Year 1 2 - 3 4 - 5\n Debt $305,927 $28,430\n Interest obligations 28,200 6,326\n Operating lease obligations 48,311 10,898\n Pension post-retirement benefits 94,178 6,758 15,184 18,024\n Employee separation liability 7,640\n Restructuring liability 2,181 1,869\nPurchase 31,468\n Capital lease 2,049\n Anti-trust fines settlements 34,880\n $554,834 $109,048 $112,111"
}
{
    "_id": "d1b3c5540",
    "title": "",
    "text": ". Registrant's Equity Purchases\n August 18 2004, common stock Market. high low sales prices share.\n March 3 2020 last sales price $8. 64 share.\n 197 stockholders.\n Fourth Quarter $11. $9.\n Third $14. $10\n Second $20. $12.\n First $18. $8.\n Fourth $12. $7.\n Third $20. $10\n Second $18. $6\n First $7."
}
{
    "_id": "d1b351a3c",
    "title": "",
    "text": ". Accounts Receivable\n 2017 provision doubtful accounts $1. 2 million. 1 million. 5 million.\n 2019 reduction reserve product returns. 1 million. 2018 2017. 3 million $2. 1 million reserve product returns. write-offs uncollectible accounts.\n receivable $80,032 $52,850\n doubtful accounts (2,584\n product returns (1,075)\n $76,373 $49,510"
}
{
    "_id": "d1b33f166",
    "title": "",
    "text": "Semiconductor IP Licensing Segment\n Excludes expenses.\n revenue 2019 $81. 9 million $186. 4 million 2018 decrease $104. 5 million. Samsung settlement offset new license agreement.\n Years Ended December\n Revenue\n Royalty license fees $81,943 $186,425 $205,809\n expenses\n Research development costs 28,732 27,514\n Litigation 3,471\n Amortization\n operating expenses 44,074 73,519\n income $37,869 $112,906 $117,971"
}
{
    "_id": "d1b3ac770",
    "title": "",
    "text": "6. Selected Financial Data\n tables financial data. cash 2019 2018 2017 Annual Report Form 10-K. 2016 2015 derived statements not. read consolidated financial statements notes Item 7. Discussion Analysis Financial Condition Results Operations.\n Years Ended December 31,\n 2019 2018 2017 2016 2015\n Net sales. $3,063,117 $2,244,044 $2,941,324 $2,904,563 $4,112,650\n Gross profit 549,212 392,177 548,947 638,418 1,132,762\n Operating (loss) income. (161,785) 40,113 177,851 (568,151 730,159\n Net income (114,933) 144,326 (165,615) (416,112 593,406\n Net income per share\n. $1.$5.\n. $5.\n dividends share.\n cash\n $174,201 $1,340,677 $206,753,209)\n (362,298 (682,714) (626,802) 144,520,177\n financing\n 74,943 255,228 192,045 (136,393 101,207\n equivalents. $1,352,741 $1,403,562 $2,268,534,347,155,126,826\n securities. 811,506 1,143,704 720\n assets. 7,515,689 7,121,362,864,501,368,360,392\n-term debt 471,697 466,791\n liabilities 2,418,922 1,908,959 1,765,804,996\n stockholders’ equity.,096,767,212,403,697,218,349,396"
}
{
    "_id": "d1b343856",
    "title": "",
    "text": "Goodwill\n arises from acquisition excess purchase price over fair value net. values based preliminary valuations estimates change acquisition.\n table changes carrying amount goodwill\n performs annual goodwill impairment assessment October 31st two-step. one identification potential impairment. fair value unit carrying amount.\n If fair value exceeds carrying amount not impaired second step unnecessary. If exceeds second step impairment loss.\n no indications impairment goodwill. October 31, 2019. test impairment. December 31, 2019 no indications impairment goodwill balances.\n Years Ended December 31,\n Beginning balance $238,330 $237,992\n Adjustments\n Ending balance $238,330"
}
{
    "_id": "d1b32e5be",
    "title": "",
    "text": "Liquidity Capital Resources\n Note 1 Financial Statements liquidity.\n Cash.\n used $13. 5 million cash 2019 $5. 2 million 2018. funded $4. million capital expenditures $3. 3 million. capacity expansion Golden Ridge leasehold improvements Riverside specialty equipment Dillon plant. $19. 4 million common stock prefunded warrant $2. 2 million option warrant exercises.\n December 31, 2019 cash balance $8. 4 million $7. million. 2 million restricted cash 2018. capital reserves borrowing capacity seek external funding.\n Cash flow\n Loss\n Adjustments\n Depreciation amortization\n Stock share compensation\n Settlement Sellers Golden Ridge\n Provision bad debts\n Changes assets liabilities\n Accounts receivable\nInventories 332\n Accounts expenses\n Commodities (1,340\n (235)\n Net cash(13,450,241)"
}
{
    "_id": "d1b3b1ebe",
    "title": "",
    "text": "Item 6. Financial Data\n table financial data last five fiscal years. consolidated financial statements notes Item 15 Annual report. acquired companies including NetSuite Inc. 2017. included financial statements contributed revenues income earnings assets.\n net income diluted earnings impacted 2019 2018 U. S. Tax Cuts Jobs Act 2017.\n Working capital assets decreased 2019 due $36. 1 billion repurchases common stock dividend payments offset 2019 income. Working capital total assets increased 2015 to 2018 due issuances long-term senior notes $10. 0 billion 2018 $14. 0 billion 2017. offset by repurchases dividend payments 2015 2018. assets affected repayments notes payable borrowings.\nnotes payable borrowings decreased 2019 due repayments short-term borrowings senior notes. increased 2015 2018 due 2018 long-term senior notes $10. 0 billion short-term borrowings $2. 5 billion 2017 $14. 0 billion $3. 8 billion 2016 borrowings $3. 8 billion. Note 7 Financial Statements.\n consolidated financial data years 2018 2017 restated Accounting Standards Update. 2014-09 Revenue Contracts Topic amendments 2015-14 2016-08 2017-07 Compensation—Retirement Benefits Net Pension Costs Postretirement Benefit Costs. Note 1 Financial Statements adjustments Topic 606 ASU 2017-07. data years May 31, 2016 2015 not updated Topic 606 ASU 2017-07.\n May\n\n 2018 2015\n Operations\n revenues $39,506 $39,383\n Operating income $13,535 $13,264\n Net income $11,083 $3,587 $9,452 $8,901 $9,938\n Earnings $2.\n shares 3,732 4,238,217 4,305\n dividends $0.\n Balance Sheets\n Working capital $27,756 $57,035 $50,995 $47,105\n assets $108,709 $137,851 $136,003 $112,180 $110,903\n borrowings $56,167 $60,619 $57,909 $43,855 $41,958"
}
{
    "_id": "d1b38ad82",
    "title": "",
    "text": "Fair Value Measurements\n Liabilities\n contingent earn-out liabilities measured fair value. Level 3 inputs. probability-based approach discount rate. change value. Changes reflected operating expenses statements.\n changes Level 3 contingent liabilities\n May 2019 settled Del Monte earn-out liability $200. long-term liabilities $7,957 $2,792 December 27, 2019 28, 2018 reflected liabilities deferred credits balance. short-term accrued liabilities. payments acquisition date operating activities financing activities.\n Del Monte Fells Point Bassian Other Acquisitions Total\n Balance December 29, 2017 $649 $4,579 $5,228\n Acquisition value 1,414\n Cash payments (3,000\nvalue 2,070 1,448\n Balance December 2018 3,649 1,441 5,090\n Acquisition 7,450 7,929\n Cash payments\n 3,895 5,879\n Balance December 27, 2019 $2,197"
}
{
    "_id": "d1b3ad526",
    "title": "",
    "text": "Income Taxes\n expense December 22, 2017 Tax Reform Act law. reduced federal corporate income tax rate 35% to 21%. fourth quarter 2017 recorded one-time noncash tax benefit $110. million revaluation deferred income tax assets liabilities Reform Act.\n December 31,\n $39. $35. $10.\n.\n.\n 50. 45. 16.\n Deferred.\n (8. 9\n.\n income tax expense (benefit $41. $37. $(61."
}
{
    "_id": "d1b33e1ee",
    "title": "",
    "text": "ASC Topics 606 340-40 adoption\n gross margin loss operations before income taxes affected adjustments.\n impact Consolidated Statements Loss limited effects \"Net loss.\n Fiscal Year January 31, 2019\n Impact adoption ASC 606 340-40 adjusted\n Net revenue\n Subscription $1,802. $1,785.\n Maintenance 635. 5 640.\n 132. (11 121.\n Cost revenue\n subscription maintenance 216. 215.\n 54. 55.\n Operating expenses\n Marketing sales 1,183. (17. 1,166.\n Provision income taxes (38.\n Net loss(80.\n Basic net loss per share.\n loss share."
}
{
    "_id": "d1b314bc8",
    "title": "",
    "text": "Reconciliations. federal tax rate loss expense\n no liabilities uncertain income tax positions December 31, 2019 2018. returns comply. federal tax regulations authorities may contrary. tax position challenged adjustment.\n Ended December 31\n 2018\n Income tax benefit federal rate $(2,928) $(1,692)\n Increase\n State tax benefit federal tax effect\n change state tax rate\n Change valuation allowance\n Expirations net operating losses IRC 382 limitation\n Adjustments to deferreds\n Income tax expense"
}
{
    "_id": "d1b36639c",
    "title": "",
    "text": "table summarizes purchase commitments manufacturers\n commitments decreased 23% 2018. decreased 24%.\n Inventory supply chain management inventory obsolescence. inventory commitments appropriate revenue levels.\n Commitments Period July 27, 2019 July 28, 2018\n 1 year $4,239 $5,407\n 1 to 3 years\n 3 to 5 years\n $4,967 $6,477"
}
{
    "_id": "d1b32a162",
    "title": "",
    "text": "Unearned Revenue\n subscription SaaS recognized over. allocated license software maintenance reclassified.\n maintenance contracts recognized over duration. contractual term January 31, 2020 two years. professional services revenue prepaid services recognized performed.\n January 31, 2020 February 1,2019\n license revenue $19 $15\n subscription SaaS revenue 1,534 916\n software maintenance 6,700\n professional services 1,015 767\n Total $9,268 $7,439"
}
{
    "_id": "d1b321c9c",
    "title": "",
    "text": "Adjusted earnings share\n divided average shares.\n IFRS profit Note 10.\n Profit equity holders IFRS (£m) 166. 6 223.\n Items excluded profit 37. 7 (34.\n Tax adjusted items (£m) (8. 5) (5.\n Adjusted profit equity holders 195. 8 183. 9\n Weighted average shares (million 73. 7 73. 6\n earnings 265. 250.\n 73.\n 264. 249."
}
{
    "_id": "d1b38c498",
    "title": "",
    "text": "Recast segment changes.\n-to improvements margins pre-tax income shift higher-value offerings resources increased benefit currency global delivery model.\n December 31 2018 2017. Margin Change\n gross profit $4,448 $4,033.\n margin. 8%.\n Pre-tax income $1,629 $1,303.\n margin. 6%."
}
{
    "_id": "d1b324d98",
    "title": "",
    "text": "table summarizes restricted stock-based award activity performance Oracle three fiscal years May 31, 2019\n total value awards vested issued 2019 2018 2017 $1. 3 billion $1. billion $715 million. May 31, 2019 unrecognized stock-based compensation expense non $2. 8 billion expected recognized. 68 years.\n No PSUs granted 2019 2018. 2017. 7 million PSUs granted performance metrics. participants 150% target PSUs no PSUs. 2019. 4 million PSUs vested. 3 million outstanding May 31, 2019.\n Restricted Stock-Based Awards\n Weighted-Average Grant Date\n May 31, 2016.\n Granted.\n.\n Vested Issued.\n.\n.\n.\n.\n.\n.\n.\nVested Issued $41.\n $42.\n May $43."
}
{
    "_id": "d1b3c7a70",
    "title": "",
    "text": "\n Revenue headquarters\n ship products locations headquarters supply chain operations. production facilities subcontractors warehouses. China 53% 57% 51% Taiwan 13% 13% United States 11% 12% 14%.\n 2019 2018\n United States $12,451  $17,116  $11,359\n Mainland China 3,595 3,607 1,539\n Taiwan 2,703 3,918 2,892\n Hong Kong 1,614 1,761 1,429\n Asia Pacific 1,032 1,458 1,078\n Japan 1,265\n 1,053 1,266\n $23,406 $30,391 $20,322"
}
{
    "_id": "d1b2f3144",
    "title": "",
    "text": ". INVESTMENTS\n Marketable Securities\n policy diversification capital preservation liquidity cash flow.\n summary investments cash equivalent December 31, 2019\n Amortized Unrealized Gains Losses Fair Value\n Current assets\n Cash $67,818\n equivalents\n Money market funds 126,075\n Corporate bonds 1,000\n Agency bonds 6,485\n Commercial paper 9,609\n Certificates of deposit\n US treasury securities 4,749\n cash equivalents 148,089\n equivalents 215,907\n Short-term investments\n Corporate bonds 103,130\n Agency bonds 3,966\n US treasury securities 50,703\n Commercial paper 23,827\n Certificates of deposit 3,936\n-backed securities 15,837\n short-term investments 201,399\n-term\n Corporate bonds 19,407\n treasury securities 19,300\n-backed securities 11,693\n Strategic investments 9,750\n long-term investments $60,150"
}
{
    "_id": "d1b342488",
    "title": "",
    "text": "2017\n initiated restructuring complexity reduced headcount closed facilities. completed 2019 cost $289 million.\n restructuring transition costs\n 2018 $29 million impairment charge land buildings.\n March 29, 2019 restructuring liabilities not significant.\n 2018 31, 2017\n Severance termination benefit costs $28 $61 $76\n exit disposal costs 15\n Asset write-offs\n Transition costs 196\n restructuring $241 $410"
}
{
    "_id": "d1b3422b2",
    "title": "",
    "text": "return on plan assets €125 million/ 18 €45 million.\n 2019/20 expects employer payments pension providers €18 million employee contributions €9 million Netherlands Belgium Germany major. Germany not included.\n fair value assets\n Dutch company assets exceeded value commitments closing. overfunding balance sheet reduced €0 IAS 19. 64.\n 2018/2019\n Change plan assets\n Fair value beginning period\n defined benefit pension\n Gains/losses assets.\n effects\n Benefit payments. tax\n Settlement payments\n Employer contributions\n participants\n consolidation transfers\n Reclassification IFRS5\n Currency effects\n Fair value assets end period"
}
{
    "_id": "d1b3925aa",
    "title": "",
    "text": "2019 vs 2018\n Cost revenue decreased December 31, net revenue declining.\n Gross margin decreased. impacted Section 301 tariffs cost inefficiencies new manufacturing locations channel promotional activities foreign exchange headwinds. dollar.\n 2018 vs 2017\n Cost revenue decreased improved product margin performance lower warranty expense lower air freight costs.\n Gross margin increased improved product margin lower foreign exchange rate lower air freight costs.\n gross margins improve U. S. inventory not subject Section 301 tariffs. Forecasting difficult risks. cost revenue uncertainties. production import customs duties tariffs competition technology product mix compensation costs royalties freight repair costs manufacturing price variances warranty costs timing sales. revenue paid subscription service plans increase gross margin.fluctuations gross margin factors.\n Ended December 31\n 2019 2018 2017\n thousands\n Cost revenue $704,535. $717,118 (2. $731,453\n Gross margin 29. 5%. 3%. 6%"
}
{
    "_id": "d1b366568",
    "title": "",
    "text": "Expense\n consolidated $968 million 2019 $1,152 million 2018. driven Lower non-operating retirement-related costs ($957 million. Higher gains divestitures$833 million Higher net exchange gains ($272 million. hedging programs mitigate currency impacts.\n $1,431 million 2019 increased $1,010 million prior. lower non-operating retirement costs.\n December 31 2019 2018. Percent Change\n Foreign currency transaction losses $(279).\n/losses derivative instruments.\n Interest income.\n Net/losses securities investment assets.\n Retirement-related costs.\n expense $1\n Non-operating adjustments\n Amortization acquired intangible assets.\nAcquisition charges\n Non-operating retirement costs (1,572.\n-GAAP expense(1,431)."
}
{
    "_id": "d1b382330",
    "title": "",
    "text": "2017 acquisitions\n August 1, 2016, acquired stock Blue Coat. web security solutions enterprises. addition cloud security enhanced threat.\n February 9, 2017 acquisition LifeLock. proactive identity theft risk management. services monthly annual notification identity events.\n acquisitions\n Blue Coat LifeLock\n Goodwill $4,084 $1,397 $5,481\n Intangible assets 1,608 1,247 2,855\n Net liabilities (1,019),380\n purchase price $4,673 $2,283 $6,956"
}
{
    "_id": "d1a717032",
    "title": "",
    "text": "included Adjusted EBITDA report key measure management operating performance generate future plans strategic decisions capital investments new markets. use non-GAAP financial measures performance measures under executive bonus plan. exclusion of expenses Adjusted EBITDA facilitates comparisons operating performance excludes items core performance. Adjusted EBITDA provides useful information investors operating results.\n Adjusted EBITDA limitations not substitute for analysis financial results GAAP. limitations depreciation amortization non-cash charges assets reflect cash capital requirements reflect changes cash requirements working capital needs reduction cash other companies calculate EBITDA differently reduces usefulness.\n consider Adjusted EBITDA alongside other GAAP-based financial performance measures net income financial results. table reconciliation Adjusted EBITDA to net income for.\n December\n EBITDA\n income $53,330 $21,524 $29,251 $10,154 $11,768\n Interest (8,483\n taxes 5,566 4\n Amortization depreciation 22,134 17,734 6,490\n Stock compensation 20,603 13,429\n Acquisition expense 2,403\n Litigation 12,754 45,729 7\n adjustments 54,977 71,557 42,377 38,880\n EBITDA $108,307 $93,081 $71,628 $49,034 $34,370"
}
{
    "_id": "d1b3502c2",
    "title": "",
    "text": "components income tax expense\n tax uncertain tax positions freight taxes. provisions 12 months trading activity.\n reviews freight tax obligations update information. legal advice. Freight tax regulations change amounts change. tax years 2008 through 2019 open examination major jurisdictions.\n Year Ended\n December 31,\n 2019 2018 2017\n Current (25,563) (17,458) (11,997\n Deferred (2,266)\n Income tax expense (25,482) (19,724) (12,232)"
}
{
    "_id": "d1b36cbc0",
    "title": "",
    "text": "Fees Billed Ernst & Young LLP\n table fees EY audit services 2019 2018.\n Figure. FY2019/2018 Fees\n Audit Fees financial. reviews audit control financial reporting Sarbanes-Oxley Act.\n Audit-Related Fees. due diligence accounting consultation acquisition Coventor,. 2018 information systems audit 2019.\n Tax Fees tax planning compliance foreign tax compliance audits.\n audit committee reviewed services 2019 non-audit services independence EY accounting. approved 100% services amounts EY 2019.\n AuditFees(1) 4,703,830 4,605,495\n Audit-RelatedFees(2) 27,000 90,500\n TaxFees(3) 194,170 34,888\n AllOtherFees\n TOTAL 4,925,000,883"
}
{
    "_id": "d1b3c4a14",
    "title": "",
    "text": "table details percentage properties internal external valuations\n Group obtained external valuations 31 freehold properties 2019 19. valuations Directors’ valuations 2019 2018. 51% freehold properties 2018: 43%.\n External\n 2019\n Leasehold 23% 77%\n Freehold 38% 62%\n 2018\n 60% 40%\n Freehold 27% 73%"
}
{
    "_id": "d1b35ae3e",
    "title": "",
    "text": "Earnings per share computed\n average shares decreased repurchase common stock Dutch auction offer stock repurchase program October 29, 2018.\n. Earnings\n Year December 31,\n diluted earnings share\n Net income $13,267 $3,654\n average shares 17,424 20,721\n shares\n Stock options awards 1,101\n diluted earnings share 18,525 21,017\n Net income share.\n."
}
{
    "_id": "d1b325ba8",
    "title": "",
    "text": ". Capital risk management\n objectives safeguard support sustainable growth provide returns benefits maintain optimal capital structure value.\n Capital equity external debts borrowings notes payable. dividends return issue shares repurchase raise debts.\n monitors capital debts adjusted earnings ratio health liquidity. total debts/adjusted EBITDA ratio\n EBITDA profit interest income gains depreciation property right-of-use assets amortisation intangible assets compensation expenses.\n 31 December\n Borrowings 126,952 114,271\n Notes payable 93,861 65,018\n debts 220,813 179,289\n Adjusted EBITDA 147,395 118,273\n EBITDA ratio."
}
{
    "_id": "d1b2fa908",
    "title": "",
    "text": "21.\n revenue facilities.\n December 31,\n 2019\n United States 175,855,463\n Europe 165,602 126,203\n Asia 476,624 818,194\n 818,081 1,283,860"
}
{
    "_id": "d1b3b5320",
    "title": "",
    "text": "Cost Revenue\n $29. 3 million increase license subscription revenue attributable $14. 9 million personnel expenses $8. 6 million cloud infrastructure costs $3. 3 million royalties $1. 8 million professional services $0. 9 million amortization software intangible assets.\n Cloud infrastructure costs include $9. 5 million hosting costs 2018. consistent.\n anticipate higher cost license subscription revenue cloud operations. maintenance revenue increased $1. 7 million due personnel term perpetual license customers.\n revenue if infrastructure costs $9. 5 million reclassified. third-party consultants increased $3. 2 million personnel expenses $2. 8 million.\n 781 professional service 198 technical July 31, 2019 838 2018.\n % total\n Cost revenue\nLicense subscription 64,798 35,452 5% 29,346\n Maintenance 16,499 14,783\n Services 243,053\n revenue $ 324,350 45% 296,783 27,567\n stock-based compensation\n license subscription $ 3,011\n maintenance 1,820\n services 22,781 21,856\n $ 27,612 24,744 2,868"
}
{
    "_id": "d1b352932",
    "title": "",
    "text": ". Current liabilities trade payables\n policy\n liabilities goods services unpaid. short-term measured amortised cost not discounted. unsecured paid 30 days recognition.\n Deferred consideration\n acquisition deferred. measured present value estimated liability.\n US\n Trade payables 3,492 2,016\n Deferred consideration\n Other payables 11,898,488\n,278"
}
{
    "_id": "d1b39417a",
    "title": "",
    "text": "INCOME\n components\n derivative instruments risks enhance returns portfolio diversification. Gains losses derivatives recognized.\n 2019 Interest dividends increased higher yields fixed-income. Interest expense decreased long debt higher finance lease expense. gains decreased lower gains equity. gains foreign exchange interest rate derivatives.\n 2018 Dividends interest increased higher portfolio balances yields fixed-income. Interest expense increased long-term debt finance lease expense. gains decreased higher losses gains equity. losses decreased lower losses equity foreign exchange commodity losses.\n Interest dividends income $ 2,762 2,214 1,387\n Interest expense (2,686) (2,733)\n gains investments 648 2,399 2,583\ngains derivatives (187)\n losses (218) (111)\n (251)\n $ 729 1,416 876"
}
{
    "_id": "d1b303a08",
    "title": "",
    "text": ". Quarterly Results\n unaudited quarterly results eight quarters March 31, 2019. adjustments results. add total\n Note 11 Income Taxes one-time transition tax third quarter 2018. Note 4 Special Charges. Note 12 Debt Credit Facility loss settlement debt $4. 1 million second. 2 million third $8. million fourth $13. million $2. 1 million first third quarter 2018. Note 5 Investments impairment-sale securities fourth quarter 2018.\n 2019 First Second Third Fourth\n Net sales $1,212. $1,432. $1,374. $5,349.\n Gross profit $642. $689 $2,931.\n Operating income $132. $714.\n income operations $35.\n income common share $0.. 70."
}
{
    "_id": "d1a7253e4",
    "title": "",
    "text": "table restructuring activities Statements 2019 2018\n non-cash $1. 9 million 2018 sharebased compensation.\n operations\n $ 60. $ 13. $ 14.\n Restructuring charges 41. 47. 12.\n charges operations 102. 61. 26.\n discontinued operations.\n $ 102. $ 61. 28.\n Capital expenditures $ 3. $ 1. 21."
}
{
    "_id": "d1b3b9a42",
    "title": "",
    "text": "NOTE 21 QUARTERLY FINANCIAL INFORMATION\n summarizes quarterly operations data 2019 2018. results not indicative future. unaudited interim financial statements recurring adjustments. results financial statements notes.\n net income 2019 first third fourth quarter gain legal settlement $13. 3 million $2. 5 million $2. 5 million. legal provision $19. 1 million patent infringement reversed fourth quarter. Note 19 Legal Proceedings. net loss 2019 second quarter $2. 0 million extinguishment debt. Note 10 Financing Arrangements. investment Smart Driver Club impairment $5. million. Note 9 Assets.\n net loss 2018 first quarter provision $6. 1 million. second third quarter gain legal settlement $15. 0 million $13. 3 million. Note 19 Legal Proceedings.\nFirst Second Third Fourth\n Revenues 94,888 96,037 88,495 $84,380 $363,800\n profit 38,091 39,821 36,381 33,471 147,764\n.\n Net income 8,511 11,263 18,398\n share.\n Fiscal 2018\n Third Fourth\n Revenues $88,081 $89,767 $93,669 $94,395 $365,912\n profit 37,443 36,838 38,187 38,422 150,890\n margin. 8%.\n income (2,654) 12,232 11,806 (4,767) 16,617\n diluted share."
}
{
    "_id": "d1b34e080",
    "title": "",
    "text": "Consolidated Statements Operations Data\n table consolidated statements operations periods millions percentage net revenues cost revenues\n March 2019 2018 income tax expense $35 million. statement operations December 31, 2018 revised correction. Note 2 financial statements Item 8 Annual Report Form 10-K.\n loss extinguishment debt financing December 31, 2018. $25 million premium payment $15 million write-off unamortized discount deferred financing costs.\n Ended December\n Net revenues\n Product sales $1,975 $2,255\n Subscription licensing revenues\n Total revenues 6,489\n Costs expenses\n sales\n costs\n Software royalties amortization intellectual property licenses\n licensing\n operations distribution costs\nSoftware royalties property licenses 233 399\n Product development 998 1,101\n Sales marketing 926 1,062\n 732 822\n Restructuring costs 132\n expenses 4,882 5,512\n Operating income 1,607 1,988\n Interest\n Loss extinguishment debt\n tax 1,633 1,877\n expense 130\n income $1,503 $1,848"
}
{
    "_id": "d1b321daa",
    "title": "",
    "text": "Accounts Receivable Net\n January 31\n Autodesk adopted ASU No. 2014-09 Contracts Customers Accounting Standards Topic 606) first quarter 2019. current year balances ASC Topic 606 prior year 605. Note 1 Accounting Policies Standards.\n Allowances uncollectible trade receivables loss patterns potential risk.\n Autodesk partner incentive program monetary rewards distributors resellers. incentives reduce maintenance revenue. remainder reduction deferred revenue. incentive balances assumptions judgments. reserves accounts receivable accounts payable\n million 2019\n Trade accounts receivable $526. $469.\n Allowance doubtful accounts.\n Product returns reserve.\n Partner programs obligations.\n Accounts receivable net $474. $438."
}
{
    "_id": "d1b33347e",
    "title": "",
    "text": "Net debt\n provides information financial liabilities.\n financial asset derivatives reduced net debt. derivatives non-current. expanded definition.\n excess total financial liabilities trade payables cash equivalents current assets non derivatives.\n Restated IFRS 16. note 1 24 details.\n Total financial liabilities (28,257),738\n Current (4,691)\n Non-current (23,566),125\n Cash equivalents balance sheet 4,185\n cash flow statement 4,116 3,090\n bank overdrafts deducted\n Other current financial assets 907\n Non-current assets derivatives liabilities\n Net debt (23,051) (22,634)"
}
{
    "_id": "d1b31046a",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars\n. Quarterly Consolidated Results\n quarterly results eight quarters December 31, 2019. GS Holdings predecessor operations. May 24 2018 December 31, consolidated GreenSky. subsidiaries. diluted earnings share Class A common stock May 24, December 31, Reorganization Transactions IPO. GreenSky. formation initial capitalization. Note 1 organization 2 earnings share.\n-to-date results quarterly.\n December 31, 2019\n Fourth\n revenue $103,700 $138,695 $153,415 $133,836 $529,646\n Cost revenue\n 58,037 56,228 64,957 69,358 248,580\n costs expenses 92,212 101,017 123,275 408,693\nprofit 11,488 46,506 52,398 120,953\n (4,682),779 (8,854,105\n 34,727 45,608 88,848\n 7,401 39,193 44,075 5,304 95,973\n noncontrolling\n 4,502 26,877 29,349 3,265 63,993\n GreenSky. 2,899 12,316 14,726 2,039 31,980\n Earnings share common stock\n.\n."
}
{
    "_id": "d1b316a68",
    "title": "",
    "text": "Adopted Accounting Standards\n October 2016, Financial Accounting Standards Board issued Accounting Standards Update 2016-16 Intra-Entity Transfers income tax consequences intra-entity transfer. adopted first quarter 2019 retrospective adjustments.\n January 2016, FASB issued ASU 2016-01 Recognition Measurement Financial Assets Liabilities recognition disclosure assets liabilities. adopted first quarter 2019 retrospective method prospective amendments equity securities values. financial statements.\n May 2014, FASB issued ASU 2014-09 Revenue Contracts Customers supersedes revenue guidance. revenue promised goods services. disclosure uncertainty revenue cash flows contracts judgments costs. adopted ASC 606 first quarter 2019 made adjustments. applied contracts.\n effects adopting ASU 2016-16 ASC 606\nASC 606 opening balances August 31, 2018 receivables liabilities increased reclassification rebates pricing adjustments returns. margin deferred sales distributors reclassified retained earnings. tax effects net deferred tax assets recognizing income ASC 606.\n Ending Balance August 30, 2018 ASC 606 Opening Balance August 31, 2018\n Receivables $5,478\n Inventories 3,595\n assets 164\n Deferred tax assets 1,022\n current liabilities 521\n 354\n Retained earnings 24,395"
}
{
    "_id": "d1b36375a",
    "title": "",
    "text": "Unaudited Pro Forma Information OpenEye\n unaudited data OpenEye statements January 1, 2018. results represent business January 1 2018 future.\n information includes historical statements OpenEye business combination adjustments income taxes amortization expense January 1 2018 transaction fees reclassified January 1, 2018.\n adjustments based information assumptions impact acquisitions information\n Forma\n Year Ended December 31,\n 2018\n Revenue $527,550 $451,013\n Net income common stockholders 51,075\n per share $1. 05 $0.\n diluted $1. 02."
}
{
    "_id": "d1b372106",
    "title": "",
    "text": "Company’s deferred tax assets\n December 31, 2019 federal state foreign losses $256. 8 million $275. 5 million $89. 7 million. federal 2022 state 2020 foreign unlimited. Internal Revenue Code 1986 restrictions losses “ownership. Section 382. cumulative ownership change 50% over three-year. future utilization losses limited. none losses expire annual limitation.\n full valuation allowance against US UK New Zealand Hong Kong Brazil deferred income tax assets as December 31, 2019. assets realized. increase valuation allowance of $. million, $(1. 5) million $6. 8 million for December 31, 2019 2018 2017 due to additional net operating losses.\n Deferred income taxes not on undistributed earnings foreign subsidiaries.undistributed earnings $5. million $3. 1 million December 2019 2018. future state foreign withholding taxes $0. million. 1 million.\n Deferred tax assets\n Accrued expenses $2,427\n intangible 25,178\n Net operating loss 81,575\n Stock-based compensation,398\n lease liabilities\n Deferred revenue 3,258\n deferred tax assets 150,217\n 33,302\n Prepaid expenses deferred commissions\n right-of-use assets\n deferred tax liabilities (32,257)\n Net deferred tax assets $1,045 $1"
}
{
    "_id": "d1a71f7d2",
    "title": "",
    "text": "\n Group strong cash generation 2019 profit working capital management.\n trade receivables reduction inventory growth payables supplier payment terms.\n Free cash flow 2019 doubled $100. 1 million $50. 9 million 2018 123 per cent adjusted earnings 77.\n. IFRS 16 2019 lease payments.\n net outflow $5. 5 million $3. 6 million.\n Tax payments $5. 6 million 2019 consistent $5. 7 million. Net capital expenditure $11. 9 million $10. 6 spend $1. 3 million investment 5G. management.\n IFRS 16 lease liabilities separately cash flow. no impact cash flow.\n final dividend interim dividend $28. 6 million paid. $54. million 2018 special dividend $29. million. 4. million shares purchased Employee Share Ownership Trust $8. 6 million.5 million shares $2. 5 million $1. 9 million cash navigation.\n closed $183. million 31 December 2019 $121. 6 million 2018. no bank debt.\n Cash flow 124. 65\n Tax.\n cash inflow 119. 60\n Interest.\n capital expenditure.\n lease liabilities.\n Lease payments.\n Free cash flow 100. 50"
}
{
    "_id": "d1b324532",
    "title": "",
    "text": "year 2019 activity stock plans\n 2 3 PSUs granted adjustments 2018 2017.\n June 30, 2019 $8. 6 billion unrecognized compensation costs stock awards. 3 years. grant-date fair value $107. $75. $55. 2019 2018 2017. vested $8. 7 billion $6. 6 billion $4. billion.\n Average Grant-Date Fair Value\n Nonvested balance.\n.\n.\n.\n Nonvested balance end year."
}
{
    "_id": "d1b3872f4",
    "title": "",
    "text": "Issuer Purchases Equity Securities\n March 2011, Board Directors approved stock repurchase program $1. 5 billion common stock. December 2017 approved additional repurchase program authorized $2. 0 billion.\n three months December 31, 2019 repurchased 93,654 shares $19. 6 million 2011 Buyback. no repurchases 2017 Buyback. repurchases 2011 Buyback.\n Repurchases\n Average price paid share weighted.\n 2011.\n repurchased 14. 1 million shares $1. 4 billion. manage remaining $2. 1 billion market conditions. fund repurchases cash borrowings facilities. Purchases Programs subject cash.\n management authorized purchase shares open market purchases privately negotiated transactions not market prices subject market conditions.open market purchases plans Rule 10b5-1 Exchange Act securities laws repurchase shares insider trading laws trading blackout. programs.\n Shares Purchased Average Price Paid Share Shares Announced Plans Approximate Dollar Value Shares\n millions\n October 1, 2019 - 31, 2019\n November 1, 2019 30, 42,800 $209.\n December 1 2019 31, 50,854 $209. $92.\n Fourth Quarter 93,654."
}
{
    "_id": "d1a7419cc",
    "title": "",
    "text": "\n January 1 2019 reporting wholesale subscribers retail market. 2018 subscribers.\n IPTV activations decreased. 4% 2019 maturing Fibe TV market slower higher Alt TV activations.\n satellite TV losses improved 4. 3% lower deactivations mature subscriber base.\n activations decreased 71. 9% 2019 lower IPTV activations losses.\n IPTV subscribers December 31, 2019 1,767,182 up 5. 5% 1,675,706 2018.\n satellite TV 1,005,282 down. 8% 1,090,705.\n 2,772,464. 2% increase 2018.\n subscriber activations. 9%)\n IPTV 91,476. 4%\n Satellite.\n retail subscribers 2,772,464,766,411.\nIPTV 91,476.\n Satellite 1,005,705."
}
{
    "_id": "d1b2e30c8",
    "title": "",
    "text": "tax expense\n table explains differences expected tax expense geographical split profits local tax rates total tax expense.\n deferred tax asset recognition Luxembourg Spain pages 140 141\n 2018 closing tax audits Germany Romania\n Includes €42 million credit 2017 Vodafone India Idea Cellular\n 2019 2018 2017\n)/profit before tax consolidated income statement (2,613) 3,878\n expected income tax/expense\n Impairment losses no tax effect\n Disposal Group investments\n taxation associates joint ventures profit tax\n deferred tax assets losses Luxembourg\n Deferred tax revaluation investments\n unrecognised temporary differences\n Current differences\n Adjustments prior year tax\n Revaluation assets tax\ntax credits taxes\n Deferred tax overseas 26\n deferred tax balances 2,755\n Financing costs 67 23 25\n Expenses 61 72\n Income tax 1,496 4,764"
}
{
    "_id": "d1b398d9c",
    "title": "",
    "text": ". Financial instruments\n assets\n 2019 2018\n £m\n receivables 18 24. 25.\n Accrued income.\n receivables.\n Cash equivalents 19.\n 59. 56."
}
{
    "_id": "d1b3c3d44",
    "title": "",
    "text": ". Financial instruments risk management\n Exposure credit risk\n assets risk\n Managing liquidity risks\n financial obligations.\n cash equivalents obligations. monitors cash inflows trade receivables contract assets outflows. excludes extreme circumstances.\n Concentrations arise counterparties business. indicate performance.\n excessive policies diversified portfolio. credit risks controlled managed.\n non-derivative financial liabilities trade payables settled three months. 30 June 2019 carrying cash flows $25,153,000 (2018 $33,978,000).\n Cash equivalents 21,956 33,045\n Trade receivables contract assets 22,989 28,710\n commission asset 114,078 102,920"
}
{
    "_id": "d1b2e1b42",
    "title": "",
    "text": "Intangible assets\n RIGHTS LICENCES\n licences NEXTDC indefinite useful life carried cost less impairment losses review annually.\n licences cost less accumulated amortisation impairment losses. recognised estimated useful life. reviewed annual reporting.\n INTERNALLY GENERATED\n capitalised cost less accumulated amortisation. life two to three years. potential impairment reviewed financial year.\n SOFTWARE UNDER DEVELOPMENT\n Costs developing products acquiring software licenses capitalised. materials employee costs.\n recognised technical feasibility use.\n Rights licenses Internally generated software under development\n 30 June 2019\n 12,961 16,284 29,259\n Accumulated amortisation\n amount 7,381 16,284 23,678\n30 June 2018\n net book 1 July 2017 8,538\n acquired 5,253\n 1,256\n Amortisation\n Transfers 7,563\n classes\n Disposals\n Closing net book 6,385 6,509 12,907\n 30 June 2018\n 9,555 6,509 16,168\n Accumulated amortisation\n Net book 6,385 6,509 12"
}
{
    "_id": "d1b34238e",
    "title": "",
    "text": ". Earnings Share\n weighted-average shares basic diluted earnings\n 2019\n millions\n 338 350 355\n impact share-based compensation arrangements\n Diluted 340 358"
}
{
    "_id": "d1b3bc26a",
    "title": "",
    "text": "Deferred Compensation Plan\n-qualified. contribute salary commissions IRS limits 401. securities Rabbi Trust. assets liabilities\n April 26, 2019 April 27, 2018\n assets $ 35 $ 31\n liabilities\n Accrued expenses $ 6\n long-term liabilities $ 29 $ 25"
}
{
    "_id": "d1b356622",
    "title": "",
    "text": "\n write-down £0. 7m (2018 £3. 5m. £5. 1m (2018 £4. 8m reduced £4. 4m (2018 £1. 3m.\n 12 months £13. 4m (2018 £11. 2m.\n no difference Financial value replacement cost. pledged security.\n Raw materials consumables components 72.\n progress.\n Finished goods.\n inventories 185."
}
{
    "_id": "d1b3b4182",
    "title": "",
    "text": "performance rights-plan hires employees strategic direction. offered\n Executives intellectual property\n executives\n Middle management top talent small grants two years.\n retention rights performance measures talent two years.\n rights employees. service condition performance measures.\n table summarises outstanding rights\n 2019 2018\n.\n Outstanding start 10,692,594 6,737,076\n Granted 4,465,617 5,691,731\n Vested (182,601) (586,663)\n Lapsed (1,497,852) (1,149,550)\n Outstanding end 13,477,758 10,692,594"
}
{
    "_id": "d1b35403e",
    "title": "",
    "text": "\n reported adjusted fell 1% Consumer business offset price reductions Openreach declines enterprise businesses fixed voice low margin. negative £35m foreign exchange revenue fell. 9% exceeds expectation 2%.\n details revenue customer unit pages 40 41. Note 6 financial statements breakdown revenue product service categories.\n Operating costs\n down 2% depreciation down 1%. driven restructuring lower payments telecommunications operators Global offset recruiting training.\n cost transformation programme. c4,000 roles removed Global Services Corporate Units. annualised benefit £875m cost £386m. Note 7 operating costs.\n.\n depreciation amortisation.\n 31 March\n Revenue 23,428\n Operating costs,461\n Depreciation amortisation\n Operating profit 3,421\nfinance (756)\n Associates ventures\n Profit tax 2,666 2,616 2,354\n (507)\n 2,159"
}
{
    "_id": "d1b347618",
    "title": "",
    "text": "Derivative Gains Economic Hedges Cash Flows Results\n Derivatives commodity price foreign currency risk not hedge accounting. provide economic hedges transactions. recognized fair market value gains losses corporate expenses. gains recognized operating results. derivative gains losses segment operating results.\n net derivative gains (losses economic hedges commodity consumption foreign currency risk\n May 26, 2019 cumulative net derivative gains economic hedges $1. 4 million. gains $1. 0 million $0. 4 million. reclassify segment operating results gains $0. 9 million 2020 $0. 5 million 2021.\n Consolidated Financial Statements Fiscal Years Ended May 26, 2019 27, 2018 May 28, 2017\n Net derivative gains (losses.$0. 6\n gains reporting segments (1. 8) (7. 5.\n corporate expenses $(1. 8) $6. 2 $(5.\n Grocery Snacks $(2. $3.\n Refrigerated Frozen (1. 3)\n International 2. 8 (6. 9).\n Foodservice.\n Pinnacle Foods.\n Commercial.\n operating profit $(1. 8) $(7. 1) $5."
}
{
    "_id": "d1b325d42",
    "title": "",
    "text": "INCOME TAXES\n December 22, 2017. enacted tax Tax Cuts Jobs Act. tax code. corporate income tax rate 35 to 21 percent alternative minimum tax deductible interest expense executive compensation deductions.\n Company follows ASC 740-10 deferred tax liabilities assets future tax consequences. liabilities determined financial statements tax tax rates.\n Deferred taxes include loss differences assets liabilities. deferred tax assets\n Tax Assets\n Net operating loss $20,772,428 $20,342,559\n Intangibles 207,618 318,178\n Credits 28,022 112,086\n Other 506,349 613,202\n deferred tax assets 21,514,417 21,386,025\n Liabilities\n Valuation allowance (21,486,396),386,025)\ndeferred"
}
{
    "_id": "d1b36474a",
    "title": "",
    "text": "Adopted Accounting\n April 1, 2018 Company adopted ASU 2014-09-Revenue Contracts Customers 606) amendments (“New Revenue modified retrospective method. applied contracts open. recognized effect retained earnings. comparative information restated reported under accounting standards. adoption impacts net sales revenue sold inventory price concessions. deferred revenue cost shipments distributors until. estimates returns records revenue sale. Sales non-distributor customers recognized upon shipment. cumulative effect changes consolidated April 1, 2018 balance sheet standard summarized table opening balance sheet adjustments. impact adoption consolidated income statement balance sheet March 31, 2019\n changes financial statements due transition from sellthrough to sell-in revenue eliminated deferred income shipments reduced accounts receivable increased retained earnings.recognized revenue New Revenue Standard driven Microchip business.\n March 31, 2019\n New Revenue Standard\n receivable $880. $556. $324.\n $711.\n $191. $154. $36.\n $111. $106. $5.\n deferred tax $1,677. $1,700.\n $787. $420. $367.\n Deferred income shipments $288.\n-term deferred tax $706. $689. $16.\n STOCKHOLDERS EQUITY\n Earnings $3,210. $2,975. $235."
}
{
    "_id": "d1b3c1d96",
    "title": "",
    "text": "Accounts Programs\n recognized\n Consolidated Statements Operations.\n Ended August 31,\n accounts sold $6,751 $5,480 $2,968\n Cash proceeds $6,723 $5,463 $2,962\n Pre-tax losses $28"
}
{
    "_id": "d1b394f12",
    "title": "",
    "text": "table summarizes interest rate swap\n no transfers Level 1 2 3 instruments 2019 2018.\n Instruments Not Recorded\n instruments value. cash equivalents restricted cash receivables assets accounts payable accrued price protection liability expenses compensation costs current liabilities. long-term debt not recorded measured fair value disclosure.\n Value December\n Interest rate swap\n Beginning balance $1,623 $734\n Unrealized gain\n Ending balance"
}
{
    "_id": "d1b35ede0",
    "title": "",
    "text": "recorded non-cash compensation expense stock-based awards\n September 30, 2019 $39. 7 million unrecognized compensation expense unvested RSUs. aggregate value RSUs $40. 0 million 1. 7 years RSUs vested October 1, 2019.\n estimate forfeitures revise forfeiture rate. employee turnover forfeiture rate. forfeiture 12. 5% per year September 30, 2019. compensation expense.\n Cost sales $ 1,766 $ 1,096 $ 338\n administrative 13,722\n $15,488 $5"
}
{
    "_id": "d1a73e9d4",
    "title": "",
    "text": "Tower Corporation 2019 Report\n Appendix 1 Letter Stakeholders\n RECONCILIATION EBITDA NET INCOME. rounding.\n Net Income $672 $970 $1,225,265 $1,917\n Income tax provision\n Other expense\n retirement long-term obligations\n Interest expense\n expenses\n Depreciation amortization accretion 1,285\n Stock-based compensation expense\n ADJUSTED EBITDA $3,067 $3,553 $4,090 $4,667\n Divided revenue $4,772 $5,786 $6,664 $7,440 $7,580\n EBITDA MARGIN 64%"
}
{
    "_id": "d1b3a948a",
    "title": "",
    "text": ". Property Equipment\n Furniture fixtures computer software leasehold improvements real property recorded cost net depreciation. land historical cost. costs construction internal-use software. Furniture fixtures office equipment computer software depreciated three to five years. Internal-use software three. Leasehold improvements. Real property 15 to 39 years.\n components property equipment\n Depreciation expense 2019 2018 2017 $5. 9 million $5. 7 million $5. 4 million. Amortization-use software $1. 9 million $0. 8 million. 4 million. no disposals write-offs property. disposed wrote off $1. 4 million $0. 8 million costs research development expenses internal-use software. purchased land commercial building Liberty Lake Washington $5. 1 million. OpenEye sales training research development warehousing administrative.\nFurniture,604,102\n 17,767\n 8,949 5\n Construction 4,232 3,790\n 18\n property\n Land 1,398\n 66,090 48,745\n depreciation (27,542"
}
{
    "_id": "d1b394a76",
    "title": "",
    "text": "Amounts financial statements\n assets liabilities balance sheet\n 3. Pensions\n £ million\n Schemes net asset\n pension plan Staff Plan 7.\n Cash Plan.\n 8.\n net liability\n unfunded plan.\n pension plan surplus 8."
}
{
    "_id": "d1b312a9e",
    "title": "",
    "text": "Future Benefit Payments\n future service. Pension corporate.\n $83. $14.\n $82. $15.\n 2022 $82. $15.\n 2023. $15.\n 2024 $81. $15.\n 2025-2029 $395. $73."
}
{
    "_id": "d1b372b6a",
    "title": "",
    "text": "ITEM 6. FINANCIAL DATA except share\n Statements Operations 2019 2018 2017 Balance Sheet Financial Statements Item 8 Form 10-K. 2016 2015 Balance Sheet Statements. historical results not indicative future. read financial information Item 7's Discussion Analysis Financial Condition Results Consolidated Financial Statements notes 8.\n GS Holdings GSLLC predecessors operations. amounts December 31, 2019 2018 May 24, 2018 2019 GreenSky, Inc. subsidiaries. GreenSky. formation initial capitalization. Note 1 Financial Statements Item 8 organization.\n Consolidated Balance Sheet Data 2019 2018 2017 2016\n Cash equivalents $195,760 $303,390 $224,614 $185,243\n Restricted cash 250,081 155,109 129,224 42,871\nreceivables 51,926\n Deferred tax assets 364,841 306,979\n 951,048 802,889\n Finance 206,035,589 94\n loan,497\n Tax receivable 311,670 260,901\n liabilities 837,670 488,928 89,995\n temporary equity 430,348 335,720\n (60,349\n permanent equity (54,943) (34,765),387\n 951,048 802,905,889"
}
{
    "_id": "d1a7237ce",
    "title": "",
    "text": "results accounting principles use non-GAAP measures EBITDA adjusted EBITDA performance historical results.\n measures not performance GAAP for net income cash liquidity.\n EBITDA net earnings before interest expense taxes depreciation amortization. Adjusted EBITDA adjusted items credit facility.\n measures common performance telecommunications industry evaluate ability fund estimated uses cash. net income Adjusted EBITDA\n includes equity earnings dividend income noncontrolling interests acquisition transaction costs non-cash pension postretirement benefits miscellaneous items.\n cash dividends distributions investments.\n redemption premium write-off unamortized debt costs.\n intangible asset impairment charges.\n compensation expenses stock awards excluded from adjusted EBITDA.\n December\n\n 2019 2018 2015\n Net income (20. (50. 65. 15.\n Interest expense 136. 134. 129. 76. 79.\n Income tax expense (3. (24. 23.\n Depreciation amortization 381. 432. 291. 174. 179.\n 494. 492. 362. 289. 261.\n Adjustments EBITDA\n. 19. (25. (22.\n Investment distributions 35. 39. 30. 32. 45.\n loss extinguishment debt. 41.\n Loss impairment.\n Non-cash stock-based compensation 6. 3.\n Adjusted EBITDA $ 523. $ 537. 414. 305. 328."
}
{
    "_id": "d1b359372",
    "title": "",
    "text": "Revision Financial Statements\n September 30 2019 identified misstatement. accounting change Accounting Standards Update. 2014-09 deficit deferred commissions accrued expenses. error material. revised December 31, 2018 balance sheet statements stockholders’ equity misstatement\n Deferred commissions $24,467 $1,064 $25,531\n assets 573,035 1,064 574,099\n Deferred commissions 45,444\n assets 807,156 11,070 818,226\n Accrued expenses 68,331 1,734\n liabilities 400,423 1,734 402,157\n Accumulated deficit (529,962) 9,336\n stockholders’ equity 55,907 9,336\n 807,156 11,070 818"
}
{
    "_id": "d1b375874",
    "title": "",
    "text": ". Income Taxes\n domestic foreign\n January 31, 2020 February 1 2019 2 2018\n Domestic $895 $680\n Foreign\n tax $1,438 $1,829 $1,577"
}
{
    "_id": "d1b2f208c",
    "title": "",
    "text": ". Earnings Per Share\n reconciliation basic diluted earnings 2018 2017\n 2019 2018 2017. 1 million shares diluted earnings antidilutive.\n Net income 108,616 13,040 112,062\n Basic shares 30,271 33,003\n Dilutive share-based awards options\n Diluted shares 31,074 33,919 34,553\n Earnings per share\n.\n Diluted."
}
{
    "_id": "d1b3739ca",
    "title": "",
    "text": "Orders revenue Smart Infrastructure rose regions. higher volume Americas Europe. Africa Middle East. systems Americas. low voltage products-year levels short-cycle markets.\n Adjusted EBITA declined systems software control projects. higher expenses smart building grid edge activities. Severance charges € 48 million 2019 € 34 million. order backlog € 10 billion € 7 billion revenue 2020.\n Smart Infrastructure moderately growing markets 2019. grid markets benefited energy networks automation Asia Australia Americas. Heavy industries infrastructure developed oil gas data centers transportation infrastructure. Discrete industries\n downturn.\n Construction markets growth U. S. China non-residential construction. building electrification automation driven building performance sustainability energy efficiency digital services. 2020 market growth\nlower 2019 downturn economic uncertainty trade conflicts.\n 2020 distribution transformer business Operating Company Gas Power. Smart Infrastructure orders € 15. 590 billion revenue € 14. 597 billion EBITA € 1. 465 billion margin. %.\n.\n Orders 16,244 15,198 7%\n Revenue 15,225 14,445 5%\n business 5,530 4%\n Adjusted EBITA 1,500 1,574\n."
}
{
    "_id": "d1b386b1a",
    "title": "",
    "text": "Development\n expenses 2019 driven employee compensation costs headcount offset project material costs.\n Year Ended\n December 28, 2019 29, 2018\n $81,499 $74,976 $6,523. 7 %\n revenues 13. 8 %. 2 %\n Ended\n December 29, 2018 30 2017\n $74,976 $73,807 $1,169. 6\n 14. 2 % 13. 5 %"
}
{
    "_id": "d1b3ac22a",
    "title": "",
    "text": ". WARRANTIES\n warranty liability revenue recognition. 12 months cover nonconformance defects. warranty begins resold. liability estimated costs failure rates. revisions.\n liability activity\n Fiscal Years\n 2018 2017\n $5,756 $3,672 $1,039\n/acquired\n Provisions (3,053) 1,865 1,737\n Direct charges 570\n end year $3,273 $5,756 $3,672"
}
{
    "_id": "d1b3b7026",
    "title": "",
    "text": "tax credit differs standard rate corporation tax 19. 0%.\n losses 30 March 2019 £1. 1m tax losses recognised future recoverability uncertain.\n adjustments prior periods. losses capital allowances revised tax returns.\n 52 weeks 30 Mar 2019 31 2018\n/profit before taxation.\n Tax credit domestic income tax rate 19. 0%.\n Tax effect\n Non-deductible items.\n disallowable items.\n Impairment goodwill.\n Adjustment share-based payments.\n deferred tax 17. 0%\n Movements losses.\n deferred tax 17.\n Adjustments prior periods.\n Current tax overseas business.\n Income tax credit/(charge."
}
{
    "_id": "d1b31bba8",
    "title": "",
    "text": "importance spend on pay\n table shows expenditure pay employees compared distributions. adjusted operating profit shown.\n. Remuneration social security pension share-based payment 8.\n. Dividends special dividend 2018 12. Removing Special Dividend 2018 $24. 9 million increase. per 2019 $28. 6 million.\n. exceptional items acquisition costs amortisation share payment $4. 3 million $19. 6 million 3.\n Employee remuneration 220.\n Distributions.\n Adjusted operating 92."
}
{
    "_id": "d1b38e176",
    "title": "",
    "text": "December 31, 2019 19,577 employees 11,328 engineers 833 administrative staff. implemented labor redundancy plans.\n salaries reviewed annually. adjusted industry standards inflation performance. additional bonuses paid. reserve 10% to 15% new common shares.\n employees participate profit distribution. additional bonuses surplus income. 2020 proposed employee bonus cash NT$1,133 million (US$38 million) earnings 2019.\n covered collective bargaining agreements. good relationship.\n December 31,\n 2017 2019\n Employees\n Engineers 11,846 11,651,328\n Technicians\n Administrative Staff\n 20,076"
}
{
    "_id": "d1b33d05a",
    "title": "",
    "text": "Earnings\n excluding unvested restricted stock. Diluted dilutive stock awards options restricted stock contracts treasury stock method.\n table diluted earnings\n 98,103 103,547 505 dilutive securities excluded 2019 2018 2017 anti-dilutive.\n average shares 24,118 24,572\n Dilutive effect stock awards\n 24,279 24,851 24,777\n Net income operations $53,825 $247,360 $208,644\n Loss discontinued operations taxes\n $53,825 $247 $207"
}
{
    "_id": "d1b39d4aa",
    "title": "",
    "text": "Financial Statements\n Property plant equipment\n No country 1% Property 2019 2018.\n United States $57,095 $49,530\n Japan 79,855\n Thailand 82,389 74,100\n Mexico,147\n Italy\n China 36,396\n Portugal\n Macedonia\n Bulgaria\n Sweden 6\n 9\n Non-United States,185,786\n $495,280 $405,316"
}
{
    "_id": "d1b35ff38",
    "title": "",
    "text": "Discontinued Operations\n December 2015, completed engineering manufacturing sales solar inverter line. results reflected (loss) discontinued operations net Consolidated Statements Operations.\n extended inverter warranties reflected deferred revenue Consolidated Balance Sheets. revenue costs reflected Sales Cost goods. Extended warranties inverter no longer offered.\n ADVANCED ENERGY INDUSTRIES. CONSOLIDATED FINANCIAL STATEMENTS\n Assets Liabilities discontinued operations\n December 31,\n Cash equivalents 5,251\n Accounts receivables 406\n Inventories\n Current assets,855\n Other assets\n Deferred income tax assets\n Non-current assets\n Accounts payable accrued expenses\n Current liabilities\n,429\n Other liabilities\ndiscontinued $10,715"
}
{
    "_id": "d1b3575f4",
    "title": "",
    "text": "Currency Translation Impact Financial Results\n. translate foreign results US Dollars. translating significant currencies euro Australian dollar Mexican peso British pound Canadian dollar Brazilian real Chinese Renminbi.\n impact currency translation financial results\n 2019. 2018. 2017\n Net sales $ (137. (43.\n Cost sales 98. 31.\n expenses 16.\n Net earnings (15. (8\n. GAAP Adjusted EBITDA (25."
}
{
    "_id": "d1b3b00fa",
    "title": "",
    "text": "Property Equipment\n Depreciation $5. million $6. million $7. million\n 2019 2018 2017\n Equipment $22,702 $49,804\n Software 4,088\n Furniture fixtures\n Leasehold improvements\n Construction\n Property equipment 29,327 58,581\n accumulated depreciation (21,671) (51,589)\n $7,656 $7,262"
}
{
    "_id": "d1b3c5702",
    "title": "",
    "text": "\n increased $621 million 2018. Consolidated Income Statement Global Financing. 2019 $1,952 million $473 million debt interest rates Red Hat acquisition.\n-GAAP expense increased $393 million. excludes Red Hat pre-closing debt financing costs.\n year December 31.\n Interest expense $1,344 $723.\n Non-operating adjustment\n Acquisition-related charges\n $1,116 $723."
}
{
    "_id": "d1b3c6cec",
    "title": "",
    "text": "NOTE B ACCOUNTING POLICIES\n Revenue disaggregated source\n Includes conversion royalty bearing license to fully-paid license.\n Revenue from sale unsecured claim against Avaya. third party.\n Company relies on royalty reports licensees revenue. audit dispute royalties. adjusted royalty revenue recorded.\n Revenue patent licensing business from license agreements. revenue depends factors terms obligations. agreements include past infringement liabilities non-refundable license fees ongoing royalties products. settlement litigation patent infringement defendants pay non sum fully-paid license non-refundable sum obligation pay royalties.\n license agreements include grant non-exclusive license manufacture sell products patented technologies release licensee from claims dismissal pending litigation.intellectual property rights licenses extend until expiration patents. Company no obligations non-exclusive licenses. agreements grant releases obligations following execution up-front payment Fully-Paid fee Royalty Bearing License.\n Ongoing Royalty Payments revenue from Licenses royalties quarterly sales contractual royalty rate. Licensees report royalties within 45 days after. provide quarterly royalty reports obligations. reports. royalties due.\n recognizes revenue royalty report arrears criteria.\n Years Ended December 31,\n 2018\n Fully-Paid Licenses $130,000 $12,700,000\n Royalty Bearing Licenses 2,907,000 3,086,000\n Other Revenue 6,320,000\n Total Revenue $3,037,000 $22,106,000"
}
{
    "_id": "d1b2fe79c",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. STATEMENTS.\n net sales extended warranty service contracts product revenue\n Ended December 31,\n 2017\n Product service revenue $786,918 $715,055 $667,440\n Extended warranty service contracts 2,030 3,837 3,572\n $788,948 $718,892 $671,012"
}
{
    "_id": "d1b38cee8",
    "title": "",
    "text": "Sales Marketing Expenses\n increased $105 million 36% 2019. employee compensation costs\n amortization commissions $72 million marketing program costs $8 million. advertising. allocated shared costs $14 million.\n expenses increased $80 million 38% 2018 2017. employee compensation amortization commissions $55 million marketing program costs $10 million. advertising. allocated shared costs $11 million.\n Year Ended December 31,\n % change\n Sales Marketing $ 396,514 $ 291,668 $ 211,918 36%"
}
{
    "_id": "d1b3b5938",
    "title": "",
    "text": "Financial Statement\n January 3 2020 December 28, 2018 Company recognized $417 million $146 million amortization transition costs project assets. Balance significant.\n Balances net $25 million $29 million dividends 2019 2018 recorded.\n 3 2020 combined taxes payable accrued liabilities. prior year activity reclassified current presentation.\n Balance Sheet January 3, 2020 December 28, 2018\n assets\n Transition costs project $98 $145\n Pre-contract costs\n costs $207 $22\n Equity\n $182\n Accounts payable accrued liabilities\n $822 $650\n Deferred revenue\n $1\n Accrued payroll employee benefits\n Salaries bonuses compensation\n $473"
}
{
    "_id": "d1b3af5a6",
    "title": "",
    "text": "operate segments same\n Enterprise Security. Integrated Cyber Defense solutions cloud on-premises security cost complexity. Consumer Cyber Safety. Norton LifeLock devices online privacy identities home networks.\n Operating segments based business. Chief Operating Decision Makers performance allocate resources.\n no inter-segment sales. table summarizes results\n. Segment Geographic Information\n 29, 2019 2018\n segments\n revenues $4,731 $4,834 $4,019\n income $1,414 $1,584\n Enterprise Security\n revenues $2,323 $2 $2\n income\n Consumer Cyber Safety\n revenues $2,408 $2,280\n income"
}
{
    "_id": "d1b32ad4c",
    "title": "",
    "text": ". Shipments Net Revenue 2019 2018\n Shipments 12-inch wafers Net Revenue\n Domestic Taiwan. packaging mask making design royalties.\n 2018 net revenue new method estimated returns allowances transactions. method relevant breakdown.\n Net Revenue\n Domestic 1,678 91,259,259 1,575 81,718,513\n Export 8,390 836,058,092 9,177 829,577,851\n 8,835,783 8,398,094\n Export 133,832,314 111,779,099\n Domestic 1,678 100,095,042 1,575 90,116,607\n Export 8,390 969,890,406 941,356,950"
}
{
    "_id": "d1b2efa6c",
    "title": "",
    "text": "Systems revenue $7,604 million decreased. 3 percent (4 percent adjusted. Hardware $5,918 million declined. (6 percent Power Systems Storage Systems. Operating Systems Software $1,686 million grew. percent (3 percent adjusted.\n IBM Z revenue decreased. percent flat adjusted. declined z14 cycle growth fourth z15. data privacy resiliency hybrid cloud.\n encryption cloud-native development instant recovery. OpenShift IBM Z\n. high-value secure scalable platform.\n Power Systems revenue decreased 13. 5 percent (12 percent Linux POWER9.\n Storage Systems revenue decreased 8. 9 percent improvements fourth quarter 2019 launch next generation high-end\n DS8900.\n cloud revenue $2. 9 billion declined 4 percent 3 percent adjusted.\n.Percent. Currency\n revenue $7,604 $8,034 (5.\n Hardware $5,918 $6,363 (7.\n IBM.\n Power Systems (13.\n Storage Systems.\n Operating Systems Software 1,686 1,671."
}
{
    "_id": "d1b323290",
    "title": "",
    "text": "Liquidity Capital Resources\n December 31, 2019 cash equivalents $92. 7 million restricted cash $0. 4 million net accounts receivable $50. 4 million. working capital $115. 2 million.\n uses cash operating expenses purchases property intangible assets acquisition. debt. equivalents impacted timing accounts payable accrued expenses.\n expenses excludes non-cash items stock-based compensation amortization depreciation acquired leased right-use assets impairment. acquisitions capital purchases investing activities.\n primary sources cash receipts products distributors customers. cash collections impacted efficiency.\n credit agreement acquisition Exar incremental loans not exceed $160. 0 million unlimited amount. not requested incremental loans.\n summary working capital cash equivalents restricted cash\nDecember\n Working capital $115,208 110,044\n equivalents $92,708 $73,142\n Short-term\n Long-term 60 404\n $93,117 74,191"
}
{
    "_id": "d1b38835c",
    "title": "",
    "text": "payables accrued liabilities\n instruments Note 27.\n December 31, 2019 payables equity investments nil $49 million 2018 joint venture Ericsson.\n January 1 2019 adopted lease accounting lease obligation payables liabilities. impact Note 11.\n insignificant amounts December 31, 2019 2018 “Others”.\n Employee liabilities 375\n compensated absences\n Taxes\n Advances\n Payables equity investments\n Derivative instruments\n Provision restructuring\n benefit plans\n plans\n long-term benefits\n Royalties\n lease obligation\n Deferred consideration business combinations\n"
}
{
    "_id": "d1b3bccba",
    "title": "",
    "text": "Years Ended December 31, 2019 2018:\n Revenue\n Services. fees customer support partners. provide remotely proprietary technology. licensing Support. Cloud applications. 2019 decreased $4. 9 million from 2018. due billable hours major customers. 2019 $56. 6 million $61. 0 million 2018. direct services revenue $2. 9 million $3. 5 million 2018. growth opportunities difficult. experiencing. opportunity growth evolving support market trends.\n Software. fees end-user software customer downloads sale partners. 2019 decreased due cancellation partner contract softness new subscriptions renewals. direct software revenue $1. 9 million $2. 8 million 2018. partnerships $1. 9 million $2. 7 million 2018.\n 2019\n Services $59,545 $64,476\n Software 3,788 5,073\n$63,333,549"
}
{
    "_id": "d1b3b317e",
    "title": "",
    "text": "performance measures\n Net debt earnings before tax\n debt EBITDA. depreciation amortisation property software development profit. excludes IFRS 16 lease liabilities. EBITDA ratio\n components Note 24.\n Adjusted operating profit 282. 264.\n Depreciation amortisation property development 34.\n Earnings before interest tax depreciation amortisation 317. 297.\n 295. 235.\n EBITDA."
}
{
    "_id": "d1a7367c0",
    "title": "",
    "text": "Subsidiaries joint ventures associates\n Intu) Finance Metrocentre Finance plc consolidated not listed table Group own shares. issuing debt. obligations loan agreement security investment property deed charge companies.\n Non-controlling interests\n 40 per cent interest Metrocentre Partnership GIC Real Estate 40 directors Metrocentre. GIC Real Estate owns 40 per cent interest Metrocentre Lancaster LLP. £58. 2 million non-controlling interest losses 31 December 2019. £70. 9 million loss. GIC Real Estate’s interest. financial information Metrocentre Partnership Metrocentre LLP consolidated\n balance sheet non-controlling interest recoverable £58. 2 million. £195. 4 million owed borrowings 23.\n income statement\n Revenue 64.\n Loss (177.\nbalance sheet\n Investment development property. 841.\n 4. 125% bonds.\n financial. (473.\n liabilities (27. (31.\n (319."
}
{
    "_id": "d1b3aac4a",
    "title": "",
    "text": "Veradigm\n revenue data-driven clinical insights tools workflow research media. solutions healthcare stakeholders improve quality efficiency value healthcare delivery biopharma health plans providers patients technology partners.\n 2019\n Veradigm revenue increased organic sales. Gross profit income operations increased cost reductions headcount growth hosting migration costs. acquisition Practice Fusion contributed.\n Gross margin operating margin decreased hosting migration costs acquisitions headcount growth.\n Veradigm revenue gross profit margin income increased due acquisition Practice Fusion. Operating margin decreased higher personnel costs Practice Fusion acquisition hosting.\n Year Ended December\n Revenue $161,216 $140,326 $69,879 14.\n Gross profit $104,896 $100,708 $43,817 4. 2% 129. 8%\nmargin 65. 71. 62. 7%\n Income operations $43,996,816.\n Operating margin 27. 34."
}
{
    "_id": "d1b32c2c8",
    "title": "",
    "text": "PSU plan\n Corporation offers Performance Share Unit Plan executive officers employees. objectives retain officers employees interests shareholders sustain positive corporate performance measured by economic value creation formula.\n PSUs based on dollar value average closing stock price previous twelve August 31. PSUs vest over three-year period economic value no vesting no increase economic value.\n participants receive dividend equivalents additional PSUs vested PSUs. PSUs redeemable death disability retirement termination employment payment time employment grant to termination.\n trust created shares stock price fluctuation shares. shares held trust until vested. trust consolidated financial statements with value acquired shares.\n PSUs granted outstanding at August 31 2019\n granted 14,625 (19,025 2018) PSUs to Cogeco's executive officers.\ncompensation expense $1,400,000$2,198,000 2018) August 2019.\n 133,181 115,207\n 45,800 65,525\n units 2,639\n,319)\n Cancelled (31,889\n Dividend 3,578,435\n 107,551 133,181"
}
{
    "_id": "d1b31330e",
    "title": "",
    "text": "INCOME TAXES\n December 31, 2019 Company net operating loss $18. 3 million pre-2018 losses $14. 3 million 2020 2037 post-2017 losses $4 million. losses offset future taxable income. formed 2006 limited liability corporation 2007. not reflected corporate tax returns. loss differ differences.\n Federal income tax\n tax\n Current operations $848,000\n Acquisition costs\n Change fair value contingent\n permanent items 29,000\n Deferred Adjustment (913,000\n Valuation allowance\n provision federal income tax $897,960"
}
{
    "_id": "d1b3b69d2",
    "title": "",
    "text": "Non-GAAP diluted earnings exclude TCJA restructuring expenses. Non-GAAP Financial Measures.\n 2019\n Revenue increased $15. 5 billion 14%. Intelligent. Productivity Business Processes Office LinkedIn. Personal Computing Surface Gaming Windows.\n Gross margin increased $10. 9 billion 15%. percentage sales. 5 commercial cloud.\n Operating income increased $7. 9 billion 23% growth.\n Cost revenue increased $4. 6 billion 12% cloud Surface Gaming.\n Research development expenses increased $2. 2 billion 15% cloud LinkedIn GitHub.\n Sales marketing expenses increased $744 million 4% LinkedIn GitHub. foreign currency impact 2%.\n net income $2. 6 billion tax benefit property transfers $157 million charge TCJA diluted EPS $2. 4 billion. impacted TCJA $13. 7 billion..\n Revenue increased $13. billion 14% growth. Productivity Business Processes LinkedIn Office. Intelligent Cloud server cloud services. Personal Computing Gaming Windows Search advertising Surface Phone.\n Gross margin increased $9. billion 16% growth. sales. 7 commercial cloud Azure.\n Operating income increased $6. billion 21% growth. LinkedIn loss increased $63 million $987 million $1. billion amortization intangible assets. foreign currency impact 2%.\n Cost revenue increased $4. billion 12% commercial cloud Gaming LinkedIn Search advertising Phone. Sales marketing expenses increased $2. billion 13% LinkedIn. Research development $1. billion 13% cloud LinkedIn. administrative expenses increased $273 million 6% LinkedIn.\n 2018 income TCJA earnings $13. billion. 2017 restructuring expenses $306 million $243 million.\nmillions 2019\n Revenue 125,843 110,360 96,571 14%\n Gross margin 82,933 72,007 62,310\n Operating income 42,959 35,058 29,025\n Net income 39,240 16,571 25,489 137%\n Diluted earnings share.\n Non-GAAP income 42,959 35,058 29,331\n income 36,830 30,267 25,732\n diluted earnings share."
}
{
    "_id": "d1b2ee676",
    "title": "",
    "text": "Consolidated Net Income EBITDA Adjusted EBITDA\n before interest taxes depreciation non accepted accounting principles) measures useful investors profitability depreciation amortization capital expenditures\n performance Verizon’s competitors. EBITDA interest taxes depreciation amortization expenses net income.\n Adjusted EBITDA non-operational items equity losses unconsolidated businesses income expense special items. effectiveness operations business trends.\n Consolidated Adjusted EBITDA operating performance competitors impacts capital structure taxes depreciation policies. exclusion non-operational items special items enables comparability prior period performance trend analysis. Items”.\n non-GAAP financial information understanding Verizon’s GAAP information financial statements. non-GAAP financial measure presented GAAP measure.\nnon-GAAP measures provide information consolidated segment performance. comparable.\n Includes Pension benefits adjustments debt redemption costs. Product realignment impairment charges. Excludes depreciation amortization.\n changes Consolidated Net Income EBITDA Adjusted EBITDA operating revenues expenses.\n Consolidated Net Income $19,788 $16,039\n Provision income taxes\n Interest expense\n Depreciation amortization 16,682\n Consolidated EBITDA 44,145 41,859\n losses unconsolidated\n Severance charges\n Acquisition integration\n Product realignment\n Impairment charges\n gain dispositions assets\n Consolidated Adjusted EBITDA $ 47,189 47,410"
}
{
    "_id": "d1b39b150",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n accrued post-retirement plan Balance Sheets December 31\n-Retirement Insurance Plan\n Accrued expenses liabilities\n Long-term pension obligations,188\n accrued cost(4,766)(4,595)"
}
{
    "_id": "d1b32d4b6",
    "title": "",
    "text": "changes unrecognized tax benefits\n 2019 2018 2017 tax expense $128,000 $143,000 $76,000 uncertain tax positions. interest penalties benefits. accrued $22,000 $15,000 $11,000 interest penalties.\n subject taxation United States states foreign countries. audit IRS foreign NOL carryforwards income tax years open. unrecognized tax benefits increase 12 months.\n Deferred income taxes undistributed earnings foreign subsidiaries. December 31, 2019 $0. 6 million unremitted earnings reinvested.\n unrecognized tax benefits $469 $326 $250\n Additions current year tax positions 106 142\n Reductions prior year tax positions\n balance interest penalties 575 454 315\n Interest penalties\n $597 $469 $326"
}
{
    "_id": "d1b3bb81a",
    "title": "",
    "text": "Cash flows operating activities largest source collections from customers license agreements. Payments terms. cash from sales licenses cloud services hardware services. primary uses for employee expenditures material manufacturing costs taxes interest payments leased facilities.\n Net cash decreased 2019 due to unfavorable changes working capital income taxes first installment payment transition tax.\n Cash flows investing activities purchases maturities sales debt securities capital assets.\n Net cash $26. 6 billion 2019 $5. 6 billion 2018. increase due to increase sales maturities decrease purchases securities.\n Cash flows financing activities borrowings repayments debt instruments stock repurchases dividend payments proceeds employee stock programs.\n cash increased due to increased stock repurchases $36. 1 billion $11. 3 billion 2018.\nEnded May 31,\n operating $14,551 -5% $15,386\n investing $26,557 572% $(5,625)\n financing $(42,056) 321%"
}
{
    "_id": "d1b36c06c",
    "title": "",
    "text": "Computer Software\n fourth quarter 2019 acquire cash products services. acquired $32. million valued $6. 5 million December 31, non investing $4. 8 million.\n developed $808. $746.\n Purchased.\n. 806.\n Accumulated amortization (481. (401.\n $406. $405."
}
{
    "_id": "d1a72e41c",
    "title": "",
    "text": "Net Income Share\n dilutive securities excluded\n Fiscal Year\n 27, 2019 28, 29, 2017\n Restricted Awards 132,861 84,511\n Stock options 201,799\n Convertible notes 76,384"
}
{
    "_id": "d1b3034b8",
    "title": "",
    "text": "Property Plant Equipment\n Fiber conduit plant cable poles structures.\n Central office network electronics switches routers electronics.\n Support assets buildings cable stations data centers computers administrative equipment.\n Construction.\n depreciation expense $3. 1 billion $3. 3 billion $2. 7 billion 2019 2018 2017.\n Depreciable Lives December 31\n Fiber conduit 15-45 years 24,666\n Central office 3-10 years 19,608 18\n Support 3-30 years 7,984\n Construction\n property plant equipment 55,425 53,267\n Accumulated depreciation\n $26,079"
}
{
    "_id": "d1b37f52c",
    "title": "",
    "text": "Earnings per share\n Basic diluted earnings\n average adjusted remove ESOP\n Diluted shares include dilutive convertible bonds options awards.\n 2017 Group incurred £49. 4 million share charge Spanish Eurofund’s future interests intu Costa del Sol. positive impact intu retained earnings £49. 4 million. 31 December 2019 received final ratifications positive impact earnings reverse arrangements concluded.\n 2018\n Loss £m Shares million Loss per\n. 1,344.\n Diluted2. 1,344."
}
{
    "_id": "d1b31c198",
    "title": "",
    "text": "Cash Equivalents Restricted Cash\n liquid investments maturities three months. Restricted cash contracts regulations. refundable deposits funds escrow.\n cash equivalents restricted cash consolidated balance sheets\n 2019 2018\n Cash equivalents $19,505 $18,017\n Restricted cash 1,205 1,444\n cash equivalents $20,710 $19,461"
}
{
    "_id": "d1b371742",
    "title": "",
    "text": "Exclude adjustments migration new customer management system third quarter 2018.\n Canadian broadband services new customer management system 22 systems. contact center congestion lower services activations fourth quarter. Contact center marketing operations returned normal first quarter 2019.\n Variations services\n INTERNET 2019 fourth-quarter net additions 2,540 losses 2,965 prior high speed bundle offers increased demand Internet resellers offset competitive offers.\n VIDEO 2019 net losses 8,164 15,953 competitive offers changing video consumption environment offset digital video fast Internet.\n TELEPHONY 2019 fourth-quarter net additions 2,778 losses 16,900 prior more telephony bundles growth business sector offset increasing wireless penetration unlimited offers landline wireless.\n Net additions\n Three months ended August\n1,810,366\n Internet 788,243\n Video 649,583 (8,164)\n Telephony 372,540 2,778"
}
{
    "_id": "d1b345ac0",
    "title": "",
    "text": "Parent entity financial information\n statements show amounts\n NEXTDC acquired Asia Pacific Data Centre 18 October 2018. entities APDC wound properties transferred Holdings Trust. 1. loss entity derecognition investment APDC gain NEXTDC Holdings Trust. 1 transfer properties.\n Reserves\n loan NEXTDC NEXTDC Share Plan Pty Ltd requires treasury shares debit to equity.\n Guarantees entity debts subsidiaries\n 30 June 2019 guarantees.\n Contingent liabilities NEXTDC\n 2019 2018.\n Contractual commitments NEXTDC property plant equipment\n NEXTDC Limited entity.\n entity financial information\n consolidated financial statements.\n Tax consolidation legislation\n NEXTDC Limited controlled entities implemented legislation.\n controlled entities account current deferred tax amounts.tax amounts measured entity Group stand-alone taxpayer.\n NEXTDC Limited recognises current tax liabilities deferred tax assets unused tax losses credits controlled entities.\n tax funding agreement compensate NEXTDC Limited current tax receivable deferred tax assets unused tax losses credits. funding amounts determined financial statements.\n amounts receivable/payable due funding advice head entity year. interim funding.\n Assets liabilities tax funding agreements recognised current receivable entities.\n difference contribution to wholly-owned entities.\n Investments in subsidiaries associates joint venture entities\n accounted cost financial statements NEXTDC Limited.\n 2019 2018\n Current assets 447,698,222\n Non-current assets 1,121,500 771,702\n1,569,198 1,235,924\n 63,382\n,979 305,463\n 950,361 341,947\n 618,837 893,977\n 905,117,247\n Reserves\n earnings (292,565)\n 618,837 893,977\n (266,311) 6,639\n"
}
{
    "_id": "d1b3963b2",
    "title": "",
    "text": "summary options vested December 31, 2019\n total value options 2019 2018 2017 $318. 5 million $17. 4 million $6. 6 million.\n weighted average value options $19. 80 $9. 07 $6. 44 per share. 2019 2,141,078 options vested. 2,939,947 options unvested December 31, 2019.\n $30. 3 million unrecognized compensation cost options 2. 5 years.\n Options Exercisable\n Weighted Average Life\n. 50 to $1. 90 32,913.\n. 209.\n.,869.\n. 2,227,421. 1,587,924.\n. 1,772,062. 560,632.\n. 847,010.\n. 297,341.\n 5,884,742,944,795"
}
{
    "_id": "d1b2f72a8",
    "title": "",
    "text": ". Inventories\n. Finished goods 2018 $1. 8 million deferred costs reclassified trade receivables 2.\n expense $1. 6 million. charged income statement inventory write-downs. no reversals prior inventory write-downs.\n inventories value costs.\n materials.\n progress.\n Finished.\n."
}
{
    "_id": "d1b2ec5ba",
    "title": "",
    "text": "calculated net weighted shares common stock. Diluted earnings calculated potential options. effects potential stock determined treasury stock method\n years December 2019 2018 2017. 627. 724. 478 stock options not included diluted earnings.\n Years December\n Basic weighted-average shares 103. 9. 102.\n Effect potential common stock\n stock awards.\n Diluted weighted-average shares 105. 104. 4 103."
}
{
    "_id": "d1b35c7a2",
    "title": "",
    "text": "Income summarized\n gains debt investments lower losses market conditions timing sales.\n marketable equity investments market value fluctuations timing.\n non equity investments lower gains offset higher unrealized gains.\n driven higher donation expense.\n 2019.\n 2018 2017 Variance Dollars\n Gains (losses investments\n-sale debt investments $(13)\n Marketable equity investments 529 (45)\n Non-marketable equity investments 6\n Net gains (losses (133) (308)\n Other gains (87) (133)\n income $(97) $165 $(163)(262)"
}
{
    "_id": "d1b3becc2",
    "title": "",
    "text": "2019 recognized income $103 million increasing $53 million 2018 grants European Commission IPCEI Italy France offset start-up costs production 200 mm fab Micron Technology. Singapore.\n 2018 recognized income $53 million decreasing $55 million 2017 lower R&D grants.\n Ended\n Research development funding $132 $52 $65\n Phase-out start-up costs (38)\n Exchange gain\n Patent costs\n Gain sale businesses non assets 7\n income expenses $103 $53 $55\n revenues."
}
{
    "_id": "d1b31dff2",
    "title": "",
    "text": ". SELECTED FINANCIAL DATA\n fiscal 2019 2018 2017 August 31, from audited Consolidated Financial Statements Notes. 2016 2015. data read with “Management’s Discussion Analysis Financial Condition Results Consolidated Financial Statements Notes.\n September 1, 2018 adopted FASB ASU No. 2014-09 Revenue Contracts Customers 606) eliminated net revenues presentation FASB No. 2017-07 Compensation-Retirement Benefits 715) Net Periodic Pension Cost Postretirement Benefit Cost. Prior amounts revised current.\n $258 million charge tax law changes 2018.\n $312 million pension settlement charge 2017.\n $745 million gain on sale businesses 2016.\n $39 million pension settlement charge 2015.\n 2019 2018 2017 2016 2015\n.\n Income Statement\n Revenues $43,215 $40,993 $36,177 $34,254 $32,406\n Operating income 6,305 5,899\n Net 4,215 3,635 3,274\n Accenture 4,779 4,060\n Earnings Share\n $7. 49 $6. 56 $6. 58 $4.\n.\n Dividends ordinary share 2. 92."
}
{
    "_id": "d1a740464",
    "title": "",
    "text": "\n balance\n manufacturer supplier prepayments $143,392 $131,642\n taxes 8,046 9,646\n maintenance services 8,503,487\n 16,753 12,744\n $176,694 $162,519"
}
{
    "_id": "d1b3a4ea8",
    "title": "",
    "text": "2019 recorded $5 million equipment licenses development projects cancelled no alternative use.\n 2018 recorded $21 million $19 million set-top box plan $2 million acquired technologies no future alternative use.\n 2017 recorded $45 million $34 million set-top box $13 million Bouskoura Morocco\n $3 million unused lease provision $5 million reversal provisions Embedded Processing Solutions restructuring plan provisions not used.\n Year Ended December 31,\n 2019 2018\n millions\n Impairment restructuring charges costs"
}
{
    "_id": "d1b330d1e",
    "title": "",
    "text": "ITEM 6. SELECTED FINANCIAL DATA\n consolidated financial data not indicative future operations read with Item 7's Discussion Analysis Financial Condition Results statements Item 8 Form 10-K.\n financial data years January 2019 2018 derived audited statements. Operations Cash Flows January 31, 2017. Consolidated Balance Sheet remaining 2016 2015 derived audited statements not.\n impact new accounting standards 2019 revenue recognition. Part II Item 8 Note 1 Business Summary Accounting Policies.\n Fiscal Year Ended January 31,\n 2018 2017 2016 2015\n Net revenue $2,569. $2,056. $2,031. $2,504. $2,512.\n) income operations (25. (509. (499. 120.\n Net (loss) income (80.(566. (582. 81.\n Cash flow $377. $169. $414. $708.\n stock data\n income share. 37. 61.\n income share.\n assets $4,729. $4,113. $4,798. $5,515. $4,909.\n liabilities 2,638. 2,246. 1,879. 2,304. 1,290.\n equity. $733. $1,619. $2,219."
}
{
    "_id": "d1b359084",
    "title": "",
    "text": ". Product Warranties\n Company one-year warranty quality. extended. establishes warranty reserves product history repair sales. April 30 2019 2018 changes accrued warranty costs\n 2019 2018\n Balance $520 $557\n Warranty costs (398)\n 407\n end year $529 $520"
}
{
    "_id": "d1a72250e",
    "title": "",
    "text": "Obligations\n long-term debt-cancelable leases feed grains construction contracts workers’ compensation October 31, 2019\n Payments Due\n Obligations 1-3 Years 3-5 5\n leases 47,774 $15,363 $22,919 9,382\n Long-term debt 55,000\n Purchase\n Feed grains packaging supplies 199,097\n Construction contracts,996\n Claims payable 20,587\n 331,454 $233,143 $33,819 64,382"
}
{
    "_id": "d1b3a6456",
    "title": "",
    "text": "Group’s associates related.\n 30 March 2019 shareholdings 10% share capital\n Nissin Foods Holdings. related 19. 47% (2017/18. 57%) equity shareholding Premier Foods member. Oasis Management Company Ltd related 11. 99%. 01%) equity shareholding Premier Foods.\n Paulson Investment Company LLC related 11. 98% (2017/18. 39%) equity shareholding Premier Foods member Board.\n 30 March 2019 Group outstanding balances Hovis. trade receivables £0. 9m (2017/18. 5m trade payables £0. 6m. 5m.\n 52 weeks\n 30 Mar 2019 31 2018\n Sale goods\n.\n services\n.\n.\n.\n Purchase goods\n.\n.\n. 19."
}
{
    "_id": "d1a713f36",
    "title": "",
    "text": "Loss per share\n computed weighted average common shares. Diluted earnings reflect dilutive impact stock options restricted stock awards. Included shares consideration Restaurant Magic Acquisition 908,192. shares issued January 2020 no contingencies acquisition.\n reconciliation weighted average shares basic diluted loss\n December 31, 2019 2018 383,000 750,000 shares stock options excluded diluted earnings anti-dilutive effect. 308,000 restricted stock awards excluded 2019 113,000 2018.\n Net Loss $(15,571) $(24,122)\n average shares outstanding 16,041 15,949\n issued\n 16,223 16,041\n Loss per common share.\n impact stock options restricted stock awards\n Loss per common share."
}
{
    "_id": "d1b381584",
    "title": "",
    "text": "ASSETS\n intangible acquisition SensiML December 2019\n Gross Carrying Amount Accumulated Amortization Net Carrying Amount\n Developed technology $959 $863\n Customer relationships 81\n Trade names marks\n intangible assets $1,156"
}
{
    "_id": "d1b3a3c88",
    "title": "",
    "text": "Note 4. Special Charges Other Net\n table summarizes charges other net Company consolidated statements income\n Company evaluates operations cost savings operational efficiencies. approach to businesses acquired not efficient savings efficiencies. following acquisition restructuring expenses timing. position contract expense against strategic objectives targets operational priorities. Decisions restructuring \"rolling during acquisition managers recommendations. estimate future employee separation exit costs.\n restructuring expenses fiscal year March 31, 2019 related to business acquisitions from workforce property operating expense rationalizations combining product roadmaps manufacturing operations. employee separation costs intangible asset impairment charges. impairment charges recognized writing off intangible assets purchased from Microsemi impaired changes product roadmaps after acquisition.costs Microsemi transaction acquisitions. future expenses.\n 2018 incurred contract exit costs $19. 5 million transitioning utility. energy wafer fabrication facility. signed ten-year agreement energy less average usage watt. incurred $1. 2 million employee separation costs acquisition Atmel.\n restructuring expenses related acquisitions Atmel Micrel workforce property operating rationalizations product roadmaps manufacturing operations. employee separation costs contract exit costs operating expenses impairment losses. charges changes product roadmaps acquisition Atmel. March 31, 2017 activities complete.\n restructuring activities semiconductor products segment. incurred $115. 2 million 2016 employee separation activities $65. 3 million $1. 2 million $39. 1 million 2019 2018 2017. future expenses. future employee separation costs. $40.8 million costs contract exit 2016 $4. 7 million income March 31, 2019 $0. 7 million $44. 1 million costs 2018 2017. vacated lease liabilities. expects exit expenses.\n months June 30 2017 sale Micrel $10. million gain $4. million gain sale.\n Years March\n Employee separation costs $65. $1. $39.\n Gain sale assets (4.\n Impairment charges 3. 12.\n Contract exit costs. 44.\n.\n Legal contingencies (30.\n Non-restructuring contract exit costs.\n $33. $17. $98."
}
{
    "_id": "d1b32b788",
    "title": "",
    "text": "VMware Stock Repurchases\n. stock price cash corporate legal regulatory requirements market conditions. not obligated. additional purchases. purchases private transactions Dell. shares repurchased retired.\n table summarizes stock repurchase activity purchase price millions\n purchase price paid capital balance zero excess retained earnings.\n January 31, 2020 February 1, 2019 2, 2018\n Aggregate purchase price $1,334 $42 $1,449\n Class A common stock repurchased 7,664 13,977\n Weighted-average price per share $174. $148."
}
{
    "_id": "d1b35e70a",
    "title": "",
    "text": "\n Research Development\n increased $47 million 30% 2019. employee compensation $34 million headcount growth allocated shared costs $8 million.\n increased $45 million 39% 2018. employee compensation $36 million headcount shared costs $6 million.\n Ended December 31,\n thousands\n Research Development $ 207,548 $ 160,260 115,291 39%"
}
{
    "_id": "d1a7296ba",
    "title": "",
    "text": ". INVESTMENTS LOANS SUBSIDIARIES\n Interest subsidiary Bank prime rate two. repayment 24 installments US$2 million 2018 final US$5. 3 million December 2043.\n non 46,698 45,377\n 2,064,123\n 48,762 47,500"
}
{
    "_id": "d1b3a009c",
    "title": "",
    "text": "EBITDA\n three-month period August 31, 2019 average foreign exchange rate. 3222 USD/CDN.\n Fiscal 2018 restated IFRS 15 accounting policy Cogeco Peer 1 discontinued operations. policies operations sections.\n Fiscal 2019 translated average foreign exchange rate. 3100 USD/CDN.\n 2019 fourth-quarter EBITDA increased. 6%. American broadband services growth FiberLight acquisition Canadian broadband services decline operating expenses.\n months August currency Foreign exchange impact\n Canadian broadband services 172,120 166,181.\n American broadband services 115,523 109,937.\n Inter-segment eliminations.\n 275,610 263,411."
}
{
    "_id": "d1b3c0586",
    "title": "",
    "text": ". Debtors\n owed subsidiaries amortised cost loans receivables reduced credit losses. future credit losses probability default. balances written off collectible. instruments measured fair value profit loss.\n Amounts owed subsidiaries unsecured fixed repayable demand liquidity. credit losses immateria\n due year\n 242,976 220,871\n Taxation recoverable\n debtors\n instruments\n 243,424 221,233\n due one year\n 3,439 2,449\n Deferred tax\n"
}
{
    "_id": "d1b308828",
    "title": "",
    "text": "contract liabilities caused timing consideration.\n Company recognized NT$3,815 million NT$616 million revenues contract liabilities obligations December 2018 2019.\n January 1,2018 December 31,2018\n NT$ Thousands\n Sales goods services $3,951,414 $932,371 $1,470,195\n $988,115\n Noncurrent 482,080\n"
}
{
    "_id": "d1b34e18e",
    "title": "",
    "text": "earnings share computed-average. Diluted earnings dilutive potential shares treasury stock method. include options awards.\n Includes $2. billion. basic diluted earnings per share 2018. tax reform.\n shares outstanding December 31, 2019 2018 887. 1 million 892. 5 million.-to decrease common stock repurchase program. average\n 23. million shares lower 2019 2018\n. Percent Change\n Earnings per share common stock continuing operations\n dilution $10. $9.\n.\n Diluted $12. $13.\n Weighted-average shares\n 892. 916.\n."
}
{
    "_id": "d1b36ba22",
    "title": "",
    "text": ". Registrant’s Common Equity Stockholder Matters Issuer Purchases Securities\n common stock trades Nasdaq Stock Market ZIXI. high low sales prices quarter 2019 2018.\n March 4 2020 55,641,885 shares stock 399 shareholders. last sales price $8. 27.\n cash dividends.\n options stock-based compensation awards. Security Ownership Beneficial Owners Management Stockholder Matters.\n 31 9. 5. 4. 3.\n 11. 4.\n 10. 6. 4.\n 7. 75 6 4."
}
{
    "_id": "d1b38878a",
    "title": "",
    "text": "Debt\n table effects issuances prepayments conversions debt 2019. notice conversion obligations derivative debt liabilities-average price stock 20 days. reclassify equity converted notes derivative debt.\n 2018 repurchased redeemed $6. 96 billion. $9. 42 billion cash 4 million shares treasury stock. August 30, 2018 $35 million 2033F Notes $165 converted not settled. settled 2019 $153 million cash. non-operating losses $385 million 2018.\n 2017 repurchased redeemed $1. 55 billion notes. $1. 63 billion cash. non-operating losses $94 million.\n.\n.\n $44 million 2033F Notes $179 million converted not settled. settled 2020 $192 million cash.\nIncrease Principal Carrying Value Cash Equity\n Issuances\n 2024 Notes(1) $600 $597\n 2026 Notes(1) 500 497\n 2027 Notes(2) 895\n 2029 Notes(1) 695\n 2030 Notes(2) 850 845\n Prepayments\n 2022 Term Loan B (728)\n Settled conversions\n 2032D Notes\n 2033F Notes\n 2043G Notes (1,019)\n Conversions not settled\n 2033F Notes(3)\n $1,748 $2,068 $1,148 $(515)"
}
{
    "_id": "d1b34c2e4",
    "title": "",
    "text": "CONSOLIDATED FINANCIAL STATEMENTS\n Contract Assets Liabilities\n Balance Sheets\n twelve months December 31, 2019 recognized revenues $256 liabilities.\n Assets\n Prepaid rebates\n Assets $1,917 $1,064\n Liabilities\n Customer discounts price concessions Accrued expenses $(2,070) $(1,656)\n rights return\n Liabilities $(2,877 $(1,981"
}
{
    "_id": "d1b37aa18",
    "title": "",
    "text": "Deferred Tax\n unused tax losses €187 million €213 million 2017: €263 million. state tax loss carryforwards.\n not recognized deferred tax liability €17. 41 billion (2018 €14. billion undistributed profits subsidiaries.\n 2018\n Unused tax losses\n 688 575 375\n 535\n tax losses 1,124 1,058 919\n Deductible temporary differences 538 509 524\n Unused research foreign tax credits\n unused tax credits 45 72"
}
{
    "_id": "d1b36d8ae",
    "title": "",
    "text": "Company has plan 2007 Stock Compensation Plan grants equity awards directors officers employees. 851,134 shares September 2019. $2,371,309 unrecognized compensation expense 4. 9 years. recorded expense 2019 2018 2017 $1,729,025 $2,003,207 $2,319,975. 2019 $1,638,829 $90,196. 2018 $1,835,086 $168,121. 2017 $2,103,621 $216,354.\n Black-Scholes option pricing model. 2019 granted options 172,000 shares common stock 4 years three year vesting exercise price $12. 17. 2018 granted 108,000 shares stock term 4. 7 years three year vesting exercise price $13. 37. no stock options granted 2017. fair value estimated grant date\nexpected stock price volatility historical volatility stock expected life. options after grant date. risk-free interest rate reflects grant date zero-coupon. governmental bonds option.\n Options granted fair market values vesting three to five-year. directors one year vesting six year contractual term. maximum six years. Shares issued stock option from authorized unissued shares. 36,000 options vested 2019 no 2018. 6,750. 2,250. intrinsic value options $81,728 $75,767.\n Dividend yield 0%\n expected volatility 37. 77%. 68%\n risk-free interest rate 2. 92%. 70%\n expected life 3.\n Vesting period."
}
{
    "_id": "d1b330ab2",
    "title": "",
    "text": "Stock Option Award Amendment\n Board Directors amended 2011 Equity Incentive Plan 1,000,000 options. allocated management employees.\n granted 755,000 234,000 options two three years exercise price $4. 70 per share.\n Black-Scholes option pricing model\n volatility historical.\n compensation expense $0. 1 million 2019 unrecognized cost non options $0. 5 million vesting period 2. 1 years.\n Volatility.\n Dividend yield.\n Risk-free interest rate.\n-average grant date fair value."
}
{
    "_id": "d1b3a31ca",
    "title": "",
    "text": "Obligations Commercial Commitments\n lease office space equipment October 2028. Credit Agreement April 2024 issued Senior Notes August 2026.\n Contractual obligations December 31, 2019\n Term Loans 4. 05%.\n Revolving Credit Facility 3. 99%.\n 2026 Notes $400. million annual interest rate 5. 750%.\n financed multi-year license agreements software $10. 4 million payments April 1 2022. $13. 8 million $6. million $7. 8 million Consolidated Balance Sheet IV.\n estimate reserves. liability unrecognized tax benefits $29. million.\n Payments\n 1-3 3-5 5 years\n Operating lease obligations $ 70,284 17,180\n Term loans 756,060\nloans 117,168 30,025 55,232\n Revolving credit facility 239,000\n 40,528 9,536 19,072 11,920\n 400,000\n 149,500\n software 13,822 5,974 7,848\n $1,786,362 $124,665 $240,649,298"
}
{
    "_id": "d1b36087a",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. FINANCIAL STATEMENTS.\n INTEREST EXPENSE COST\n 2019 2018 2017\n Interest expense $125,496 $129,941 $115,099\n Amortization deferred financing costs 7,746,866 6,391\n $133,479 $137,916 $121,611"
}
{
    "_id": "d1b30c32e",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS\n effective tax rate differs. federal 35% December 2017 solar inverter business earnings foreign jurisdictions. tax reform. causes\n 2018\n Income taxes federal rate $14,111 $36,199 $69,348\n State income taxes federal deduction,372 1,794\n Transition tax. Reform 1,174\n Corporate tax rate changes.\n benefit inverter business,837\n Stock based compensation\n Tax effect foreign operations (13,086)\n Uncertain tax position\n Unremitted earnings 1,624\n Tax credits (6,280\n valuation allowance 7\n Withholding taxes\n permanent items (3\n provision income taxes $10,699 $25,227 $62,090"
}
{
    "_id": "d1a71f2f0",
    "title": "",
    "text": "operating income\n AMER. increased $19. 2 million 2019 net sales positive customer mix increased fixed costs ramps.\n APAC. decreased $5. 7 million negative shift customer mix increased fixed costs net sales.\n EMEA. income increased $3. million net sales costs.\n. increased $5. 4 million. due $2. 7 million decrease interest income lower cash balances $1. 5 million increase factoring fees sale programs.\n income\n AMER $57. $38.\n APAC.\n EMEA.\n Corporate other costs.\n Total operating income $142."
}
{
    "_id": "d1b34adcc",
    "title": "",
    "text": "Administrative Expenses personnel IT finance legal resources professional services fees.\n stock compensation\n expenses increased 2019 professional services fees\n Ended May 31,\n Percent Change\n $1,093 -1% $1,102\n Stock-based compensation -5%\n Total expenses $1,265 -1% $1,282\n % Total Revenues 3%"
}
{
    "_id": "d1b38c1b4",
    "title": "",
    "text": "table summarizes activity Company unrecognized tax benefits April 1 2016 to March 31, 2019\n accrued interest penalties $88. 1 million $80. 8 million. penalties 2017 were $5. 4 million $5. 8 million. $37. 5 million.\n total unrecognized tax benefits $763. 4 million $436. million March $664. 4 million $436. million impact effective tax rate recognized. unrecognized tax benefits decrease $50. million next 12 months. Positions include. non. matters.\n Beginning balance $436. $398.\n.\n settlements tax authorities.\n statute of limitation expirations.\n current tax positions.\n prior year tax positions.\n Ending balance $763. $436. $398."
}
{
    "_id": "d1b3ae390",
    "title": "",
    "text": "Restatement changes financial income expenses\n variations SEK exchange rates Company change reporting foreign exchange effect foreign risk. Previously foreign exchange effects reported income expenses.\n note F2 foreign exchange effect presented net amount separately. comparative years 2018 2017\n restated new. restatement impact total net income expenses.\n table shows impact restatement\n Company financial income expenses including foreign exchange effect income statement single line item.\n separate. 2018 2017 restated new\n.\n income expenses\n –316\n,389\n –2,705 –1,215\n million\n –2,032 –1,570\n Net foreign exchange gains losses –824 405\n -2,705 –1,215"
}
{
    "_id": "d1b2fb948",
    "title": "",
    "text": "Company adopted IFRS 16 January 1, 2019. prior periods.\n risk management\n market credit liquidity risk. identifies manages.\n policies controls management. approval Board Audit Committee. complies risk policies.\n Financial Assets December 31,\n profit loss $12,084,297 $14,021,473\n 11,585,477 14,723,232\n Cash equivalents 83,655,648 95,486,403\n Receivables 24,583,451 26,459,392\n Refundable deposits 2,757,399\n Other assets 2,320,037 2,353,066\n $136,986,309 $155,644,299\n Liabilities December 31,\n Short-term loans $13,103,808 $12,015,206\n Payables 23,559,548 27,433,065\ndeposits\n Bonds 41,378 38,781,416\n Long loans 30,826,215 33,902,074\n Lease liabilities\n $130,056,645,552"
}
{
    "_id": "d1b3c52c0",
    "title": "",
    "text": "net deferred income tax assets\n 2019 full valuation allowance. increased $1. 7 million. tax expense $39,000. benefit $597,000. valuation allowance December 22, 2017 Tax Cuts Jobs Act Tax Reform.\n $0. 8 million tax credit carryforwards $26. 9 million federal net operating loss carryforwards. tax credit carryforwards 2021. 2022. State tax credit net operating loss $0. 1 million $8. 1 million. 2020. 2019 $1. 2 million state net operating loss carryforwards expired.\n Deferred income tax assets\n Allowance doubtful accounts\n Foreign tax credit carryforward\n Deferred revenue\n Accrued compensation\n Inventory reserves\n Net operating loss carryforward\nrestructuring\n Intangibles goodwill 272\n deferred tax assets 38,771 38,721\n Valuation allowance,103\n deferred assets 1,618\n Intangibles goodwill\n"
}
{
    "_id": "d1a73b46e",
    "title": "",
    "text": ". Employee share plans\n Shares issued FY2019 Performance Rights plans\n Sections 200B 200E Corporations Act iSelect shareholders approved benefits Performance Rights Plan future retirement participant benefits not statutory limit.\n Change control\n Board Performance Rights.\n FY2018 Rights Plan\n table shares issued\n 2019 2018\n 547,949\n Granted 772,303\n Forfeited (140,687 (224,354)\n Exercised\n end 407,262,949"
}
{
    "_id": "d1b310cd0",
    "title": "",
    "text": "NOTE 4 PREPAID EXPENSES CURRENT PATENTS\n 2019 tax refunds Internal Revenue $5. million prepayment 2018.\n December 31,\n thousands\n Prepaid income taxes $5,429\n expenses assets 1,151\n $6,580"
}
{
    "_id": "d1b2f364e",
    "title": "",
    "text": "director compensation policies non-management directors 2019\n Oleg Khaykin no compensation. compensation Summary Compensation Table.\n amounts grant date values RSUs 2003 Equity Incentive Plan estimated forfeitures. no assurance values non-employee directors. unvested RSUs “Unvested Restricted Stock Units\n DIRECTOR COMPENSATION\n Fees Stock Awards Total\n Keith Barnes 102,500 178,317 280,817\n Richard. Belluzzo 160,000 178,317,317\n Laura Black 67,500\n Tor Braham 67\n Timothy Campos 77,500 178,317 255,817\n Donald Colvin 97,500 275,817\n Masood. Jabbar 268,317"
}
{
    "_id": "d1b3a5e20",
    "title": "",
    "text": "\n datacenters offices research retail stores equipment. 1 20 years extend 5 years terminate 1.\n expense\n June 30\n Operating lease $ 1,707 $ 1,585 1,412\n Finance\n Amortization right-use $ 370 243 104\n Interest lease liabilities 247 175\n finance lease cost $617 $418 $172"
}
{
    "_id": "d1b2fdc34",
    "title": "",
    "text": "NOTE 9—PROPERTY PLANT EQUIPMENT\n components\n fiscal 2019 agreements construction leasing two buildings corporate campus San Diego California. financial institution buildings lease five years.\n 2019 sold land buildings CTS campus San Diego. lease buyer employees until new buildings 2021. sold land buildings Orlando Florida lease new space. net proceeds $44. 9 million net gains $32. 5 million.\n 2015 purchased software designing configuring.\n Costs development capitalized as software costs. outside expensed as incurred. amortized useful life software three to seven years. No amortization expense until software ready use.\n September 30, 2019 incurred costs $138. 9 million purchase development ERP system $3. 1 million $22. 5 million $40. 6 million fiscal years 2019 2018 2017.capitalized $1. 6 million $7. 5 million $16. 7 million 2019 2018 2017. recognized expense $1. 5 million $15. 0 million $23. 9 million. administrative expenses Consolidated Statements Operations.\n components ERP system 2016 2019. costs transferred software-year. costs components.\n provisions depreciation plant equipment amortization leasehold improvements software $22. 6 million $19. 5 million $17. 8 million 2019 2018 2017. straight-line methods property 15 39 years leasehold improvements. accelerated methods machinery equipment software 5 to 10 years.\n Land improvements 7,348 13,132\n Buildings 48,191\n Machinery equipment 107,297\n Software 108,526\n Leasehold improvements 17,064\n Construction software 16,814 12,888\ndepreciation\n 144,969 117,546"
}
{
    "_id": "d1b324ed8",
    "title": "",
    "text": "Lease liabilities-use balance.\n Extension termination options leases operational flexibility. lease term TORM noncancellable extension options.\n analysis contractual undiscounted cash flow\n Less one 7.\n One to five years.\n More five years.\n undiscounted lease liabilities 31 December 35. 30.\n liabilities 30. 25\n Non-current 10.\n 20."
}
{
    "_id": "d1b3598ae",
    "title": "",
    "text": "Standard & Poor's Rating Services \"BBB. Moody’s Investor Service. \"Baa2. Fitch Ratings subsidiary Fimlac. \"BBB. table fees unused facility fees borrowings levels S&P Moody's Fitch.\n rating levels split fees two.\n Ratings Level&P/Moody's/Fitch Facility Fee Rate All-in Borrowing Spread\n A-/A3/A- above. 090%.%\n BBB+/Baa1/BBB+. 100%. 125%\n. 250%\n BBB-/Baa3/BBB. 175%. 375%\n BB+/Ba1/BB+ lower. 225%. 625%"
}
{
    "_id": "d1b3183d6",
    "title": "",
    "text": "MAJOR CUSTOMERS VENDORS\n 3 customers 10% December 31, 2019 percentages 17. 8% 15. 4% 13. 3%.\n four partners 10% revenue 2019 2018. amounts revenue.\n 1,315,706.,386.\n 9,210,347 37. 5,350,393 25.\n 4,051,217 16. 2,584,103 12.\n 1,007,573. 2,159,356."
}
{
    "_id": "d1b3c6e54",
    "title": "",
    "text": ". Financial risk factors\n Market\n Foreign exchange risk\n 31 December 2019 major monetary assets liabilities foreign exchange risk\n 2019 reported exchange gains RMB77 million (2018 RMB229 million income statement.\n changes foreign exchange rates results assets liabilities exchange rate peg HKD USD. no analysis foreign exchange risk.\n USD denominated RMB’Million Non-USD denominated RMB’Million\n 31 December 2019\n assets 27,728 2,899\n (4,273) (14,732)\n 23,737 (17,572\n 31 December 2018\n 18,041 1,994\n (3,434)\n (3,733)\n"
}
{
    "_id": "d1b362116",
    "title": "",
    "text": ". PROPERTY EQUIPMENT\n classification estimated\n Excludes assets sale\n Lesser lease term useful life\n change property accrued liabilities $14,315 $15,674 2019 2018. excluded capital expenditures.\n No impairments property recorded 2019 2018.\n received offer purchase Houston, TX facility. assets value $5,055. sale 2020 likely expects gain full appraisal value. assets held sale. Elizabethtown, KY facility. sell $1,300 closing second quarter 2020. impairment loss 2017 Note 2. assets sale 2019 2018 $6,355 $1,300 included balance. not included table.\n Estimated Useful Life\n Land $23,243 $24,845\n Land improvements 25,209 5 - 20 years\n Buildings 147,220 143,918 20 - 30 years\n48,478 5 30\n 365,101 328,864 3 10\n 39,293 4 10\n 12\n,955,703\n depreciation,481 364,153\n $272,474 $285,550"
}
{
    "_id": "d1a73ad20",
    "title": "",
    "text": "ADVANCED INDUSTRIES. FINANCIAL STATEMENTS share\n.\n valued first-in.\n Parts raw materials $134,816 $76,647\n Work process 10,269 6,644\n Finished goods 84,934 14,696\n $230,019 $97,987"
}
{
    "_id": "d1b3173d2",
    "title": "",
    "text": "financial position ASMPT equity adjustments exchange rate December 31, 2019 HK$. 11432. 11151).\n Equity ASMPT euros. 11432 €1,329 million. 19% share €335 million.\n ASMPT Board Back-end activities. results ASMPT Audit Committee representative. reports Management Board Audit Committee quarterly.\n income taxes not included financial statements.\n million\n assets 15,168 13,381\n Non-current 7\n 7 1,122\n Equity 12,161 11,632"
}
{
    "_id": "d1b39b4fc",
    "title": "",
    "text": "roll forward accrued restructuring charges fiscal 2019 2018\n restructuring exit costs $47. 8 million long-term liabilities Company consolidated balance sheets March 31, 2019.\n Restructuring Non-Restructuring\n Employee Separation Costs Exit Costs\n Balance March 31, 2017 $5. $34. $40.\n. 20 21.\n.\n Non-cash.\n Changes foreign exchange rates.\n March 31, 2018. 27. 19. 47.\n Additions Microsemi acquisition 10. 19.\n 48. 44\n.\n Non-cash.\n Changes foreign exchange rates.\n March 31, 2019 $12. $19. $15. $47.\n $26.\n Non-current 20.\n $47."
}
{
    "_id": "d1b34acb4",
    "title": "",
    "text": "table summarizes fair value Level 3 liabilities unobservable inputs\n money market accounts cash balance sheets. assets valued quoted prices active markets.\n liability subsidiary unit awards agreements cash awards financial milestones revenue EBITDA. account fair value liabilities future payment repurchase revenue EBITDA. fair value Monte Carlo simulation model. calculated outcomes averaged discounted present value. remeasure liabilities revenue receivables unobservable inputs changes employee compensation expense. awards subject employment recorded straight-line. December 31, 2019 settled $0. 2 million liability subsidiary unit awards. remaining liability balances accounts payable accrued expenses consolidated balance sheets.\n contingent consideration liability potential earn-out payment 85% OpenEye October 21, 2019.earn-out payment contingent on 2020 revenue targets maximum potential $11. 0 million. fair value liability future payment revenue 2020. estimated value Monte Carlo simulation model. liability valued with Level 3 inputs revenue volatility discount rate. October 21, 2019 fair value $2. 8 million. until 2021 liability. Changes value recorded in statements. December 31, 2019 liability decreased $0. 2 million to $2. 6 million due OpenEye's 2020 revenue. inputs revenue volatility 45% discount rate 3%. revenue volatility discount value.\n included in liabilities balance sheet.\n market data classification financial instruments. economic conditions transfer instruments. reported. no transfers between Levels 1 2 3 December 31, 2019 2018 2017. monitor value investments-temporary impairment quarterly.impairments 2019 2018 2017.\n Fair Value Measurements Inputs\n Ended 2019 2018\n Unit Liability Acquisitions\n Beginning period balance $3,160\n Acquired liabilities\n Changes fair value earnings\n Settlements\n End period balance $171 $2,595 $385"
}
{
    "_id": "d1b32f36a",
    "title": "",
    "text": "\n common stock traded Nasdaq Capital Market. limited market securities. no assurance regular trading market. shareholder resell securities.\n tables high low bid stock. inter-dealer prices without retail mark-up commission not represent transactions.\n March 24, 2020 last sales price share $7.\n Fiscal Year Ending December 31, 2018\n Quarter Ended\n March 31,.\n.\n.\n."
}
{
    "_id": "d1b38f4d6",
    "title": "",
    "text": "Employee Costs\n wages salaries $4. $4 retention payments business combinations.\n-ended 31 March 2019\n Wages salaries 286. 271.\n Social security 25.\n Pension 8.\n.\n. 319.\n Share-based payments 36. 42.\n 370. 361"
}
{
    "_id": "d1b2edb04",
    "title": "",
    "text": "\n December 31, 2019 Company 11 vessels bareboat. second 2019 commenced charter Overseas Key West 10 years. accounted finance lease. remaining 10 vessels operating leases.\n right-of-use reported vessels property less depreciation balance. holds options 10 vessels one three five years one-year option once three- five-year options indefinitely.\n lease payments fixed options vessel-by-vessel exercised individually. June 2025. December 10, 2018 nine vessels.\n five extended three years December 2022 four December 2020. December 2019 extended three years December 2023.\n Five vessels deferred payment obligation hire expense payable. due quarterly installments final payment lease termination.\n future minimum commitments\nbareboat charters variable lease payments profit owners calculated agreements sublease revenue. reflected table. reserve funding no profits expected paid next year.\n December 31, 2019 lease expense 10 vessels $90,359 included. recognized sublease income $188,163.\n non-cash operating activities $93,407 right-use assets liabilities lease renewals.\n lease expense finance lease $2,052 amortization $1,462 interest lease liability. included cash flows. non-cash financing activities $28,993 finance right-of-use assets.\n 2018 lease expense $91,350 included charter hire expense.\n December 31, 2019 Leases Finance Lease\n 2020 $92,404 $4,172\n 2021 91,164\n 2022 107,654\n 2023\n 2024 9,168\n4,534\n 347,939 38,007\n 40,891,448\n $307,048"
}
{
    "_id": "d1b3c1f6c",
    "title": "",
    "text": "NOTE 10—GOODWILL ASSETS\n Changes goodwill two years September 30, 2019\n CMS separate segment October 1, 2017. reassigned goodwill CGD CMS October 1, 2017.\n July 2017 acquired Deltenna wireless radio antenna communication. operations CGD. April 1, 2019 reorganized reporting Deltenna CMS reassigned $3. 4 million goodwill CGD CMS value. sales results cash flows significant consolidated results. reportable segment information restated.\n annual goodwill impairment test July 1 CTS CGD CMS units.\n two-step. fair value carrying amount. impairment. impairment recorded period.\n 2019 estimated fair value three units exceeded carrying amounts. no impairment goodwill 2019.\n management judgment future operating results. estimates consistent plans.assumptions sales interim analyses 2020 impairment charges.\n Transportation Systems Mission Solutions Global Defense\n balances September 30 2017 $ 50,870 270,692 321,562\n Reassignment October 1 2017 125,321\n Acquisitions 13,085\n Foreign currency rate changes\n Net balances September 30, 2018 49,786 138,127\n Reassignment April 1, 2019\n Acquisitions 206,988\n currency exchange rate changes\n Net balances September 30, 2019 $ 254,592 181,424 578,097"
}
{
    "_id": "d1b3654f6",
    "title": "",
    "text": ". Net Income Share Operations\n table basic diluted net income share millions\n computed income. diluted potentially dilutive shares.\n dilutive common shares equity incentive plans determined treasury stock method stock options RSUs. shares exclude option shares dilutive. no anti-dilutive option shares years March 31, 2019 2018 2017.\n Net income operations $355. $255. $170.\n weighted average common shares 236. 232. 217.\n Dilutive effect stock options RSUs.\n 2007 Junior Convertible Debt.\n 2015 Senior Convertible Debt.\n 2017 Debt weighted average common shares 249. 248. 234.\n Basic net income per common share $1. $1.\n Diluted income $1.42 $1."
}
{
    "_id": "d1b37066c",
    "title": "",
    "text": "\n recognized cost\n small portion capitalized. straight-line attribution.\n Ended December 31,\n cost\n Common stock warrants $512 $484\n Stock options 16,489 13,279 11\n Restricted stock units 14,585\n Employee stock purchase plan 3,326 2,069\n cost $34,400 $15,950 $11,779"
}
{
    "_id": "d1b3a83a0",
    "title": "",
    "text": "Financial Operating Highlights\n non-GAAP Form 10-K.\n Bookings $1,002,320 $2,779,782 $1,234,013\n Backlog $3,400,952 $4,064,451 $2,536,499\n Sales $1,496,475 $1,202,898 $1,107,709\n growth 24%\n Research development $50,132 $52,398\n Operating income $86,237 $24,382 $2,628\n Net income.\n EBITDA $146,594 $104,561\n earnings share.\n 43%\n dividend.\n Long-term debt $199,824 $199,793"
}
{
    "_id": "d1b369c7c",
    "title": "",
    "text": "2019\n revenues $36. million decrease $75. 68% versus 2018. driven $70. million decrease fixed fee license revenue $4. million decrease per-unit royalty revenue.\n net loss $20. million $54. million 2018. $74. million decrease related $75. million decrease revenue offset $0. 5 million decrease cost operating expenses.\n adopted ASC 606 January 1 2018. unchanged. change revenues 2018 2019 accounting policy change ASC 606.\n table consolidated statements income revenues\n Revenues\n Fixed fee license revenue 35. 75. 36.\n Per-unit royalty revenue 64.\n royalty license revenue.\n.\n.\n Costs expenses\n.\n Sales marketing.\n Research development.\n administrative.\nRestructuring costs 4. 6\n expenses 159. 52. 8\n Operating income. 6) 47. 8)\n Interest income 5. 7\n.\n Income taxes. 4) 49. 9)\n Provision taxes.\n Net income (loss. 48. 9"
}
{
    "_id": "d1b342d3e",
    "title": "",
    "text": "balance sheet accounting assumptions\n smaller overseas schemes discount rate 1. 50%. 80% future pension increases. 30%. 45%.\n 30 March 2019 31 March 2018 discount rate bond yield curve bonds rated AA AAA.\n Premier\n Discount rate 2. 45% 2. 70%.\n Inflation RPI 3. 25%.\n Inflation CPI.\n Expected salary increases\n Future pension increases 2. 10%."
}
{
    "_id": "d1b2f1b46",
    "title": "",
    "text": ". Marketable Securities\n cost gains losses market value securities April 30 2019 2018\n April 30 2019\n Gains Losses Market Value\n $8,152 $8,199\n April 30, 2018\n Gains Losses Market Value\n $6,274 $6,149"
}
{
    "_id": "d1b3b3764",
    "title": "",
    "text": "\n Company adopted ASC 606 January 1, 2018 modified retrospective method. recognized effect ASC 606 adjustment opening balance retained earnings. comparative prior period information accounted ASC 605 not restated. ASC 606 recognizes revenue transfer control to customers. five step approach contract performance obligations determine transaction price allocate recognize revenue.\n Revenue product sales recognized control transfers customers shipped delivered location. shipping handling activities after transfer control. fulfillment activities costs accrued revenue recognized. Taxes excluded from revenue.\n opening closing balances accounts receivable deferred revenue\n revenue recognized approximately$5. 1 million year ended December 31, 2019. increases deferred revenue related to billings payments customers obligations decreases revenue recognized.Deferred revenue one year long-term balance.\n receives orders. invoices recognizes revenues. scheduled delivery dates within one year optional exemption revenues partially completed contracts one year less not disclosed. December 31, 2019 no contracts unsatisfied more one year.\n Balance Beginning\n End Period\n December 31, 2019\n Accounts receivable $90,831 $7,117 $97,948\n Deferred revenue $5,101 $(618) $4,483\n-current $3,707"
}
{
    "_id": "d1b3bbe96",
    "title": "",
    "text": "Stock-based Compensation Expense\n expense stock options RSUs ESPP statements\n 2019 2018 2017 capitalized compensation cost $0. 5 million $0. 1 million $0. 3 million projects.\n December 31, 2019 $60. 3 million unrecognized stock compensation expense $13. 9 million stock options ESPP $46. 4 million RSUs. amortized 2. 87 years. RSUs. 69 years.\n revenues 2,193 2,315\n Sales marketing 6,812\n Research development\n General administrative 18,328\n stock-based compensation expense 32,137"
}
{
    "_id": "d1b390908",
    "title": "",
    "text": "Interest Cost\n coupon issuance contracts Senior Notes convertible notes term loan agreement commercial paper revolving credit 2017.\n interest expense $2. 5 billion Senior Notes March.\n 2019 24 2018 25 2017\n Contractual interest coupon $100,712 $77,091 $95,195\n Amortization discount 3,937\n issuance costs 1,426\n interest contracts 4,086\n interest cost $110,161 $91,353 $115,726"
}
{
    "_id": "d1b31b40a",
    "title": "",
    "text": "Employee Share Purchase Plan\n Company estimates options Black-Scholes option-pricing model. term offering period six months.\n risk-free interest rate treasury instrument. volatility historical volatility. dividend rate zero dividends.\n grant date value share closing market value first period. first offering period commenced July 1, 2017.\n value estimated Black-Scholes option-pricing model-average\n per share value 2019 2018 $9. 58 $6. 41.\n Expected term.\n Risk-free interest rate. 3%.\n Expected volatility.\n dividend yield%\n Grant date fair value per ordinary share $36. $27."
}
{
    "_id": "d1b3860b6",
    "title": "",
    "text": ". Income Taxes\n December 22, 2017 Tax Cuts and Jobs Act enacted law. tax law changes reduction. federal corporate income tax rate 35. 0% to 21. 0% one-time transition tax foreign subsidiaries new taxes foreign-sourced earnings.\n Accounting Standards Codification Income Taxes tax law changes. SEC staff issued Accounting Bulletin 118 provisional amounts. Company recorded reasonable estimate adjustments 118. no provisional amounts recorded. December 31, 2018 provisional amounts adjustments amounts final SAB 118.\n March 31, 2018 remeasured deferred tax assets liabilities provisional income tax benefit $136. 7 million. adjustments\n-time transition tax based post-1986 earnings profits. recorded provisional amount transition tax foreign expense $644. 7 million March 31, 2018.regulations. Treasury Internal Revenue Service Company finalized calculations transition tax expense December 31, 2018. increased March 31, 2018 provisional amount $13. million $657. 8 million income tax expense. adjustment. decreased diluted income share $0. $0 05 year March 31, 2019.\n invest foreign subsidiary earnings capital subsidiaries. jurisdictions additional costs repatriation. estimate additional tax reinvested earnings repatriated.\n March\n Pretax (loss) income\n. $(593.(127.(279.\n. 864 369\n $204. $737. $89.\n Current expense\n.(98 $369. $21.\n.\n.\n expense $(89. $430. $46.\n Deferred expense\n. $11. $82.(114.\n.. (5.\n. 7) (31. (6.\n deferred. 51.\n Income tax (benefit(151. $481.(80."
}
{
    "_id": "d1b343144",
    "title": "",
    "text": "\n Long-term debt\n Maturities five years September 30 2024 2020 $10. 7 million 2021 $35. 7 million 2022 $35. 7 million 2023 $35. 7 million 2024 $35. 7 million.\n March 2013, issued $100. million notes 3. 35% maturing March 12, 2025. July 17, 2015, additional $25. million 3. 70% March 12 2025. Interest semi-annually principal 2021 2025. February 2 2016 revised issued additional $75. million 3. 93% maturing March 12, 2026. Interest semi-annually 2020 2026.\n coupon rate. 50% leverage ratio.\n September 30 Series A notes interest. 35%\n Series B. 35%\n Series C. 70%\n Series D. 93%\n200,000\n unamortized debt\n $189,111 $199,793"
}
{
    "_id": "d1b31f564",
    "title": "",
    "text": "Share-Based Awards\n 2005 Plan. 5 shares deducted balance. performance maximum awards.\n Years Ended July 27, 2019 July 28, 2018 29, 2017\n Balance fiscal year 245  272  242\n Restricted stock awards granted (67) (70) (76)\n awards canceled/forfeited 18\n Shares withheld taxes not issued 23\n end fiscal year 220 245 272"
}
{
    "_id": "d1b385576",
    "title": "",
    "text": "Alternative performance measures\n Return capital employed\n management fixed assets working capital profitability. calculated adjusted operating profit divided average capital. information Capital Employed ROCE Financial Review page 57.\n analysis components\n Property plant equipment 251. 230.\n Right-of-use assets 16 40.\n Prepayments.\n Inventories 185. 160.\n receivables 240. 245.\n current assets 35. 32\n Tax recoverable 8.\n payables provisions (178.\n tax payable (26. (23\n. 484\n 521. 482.\n 501. 482.\n profit 245. 299.\n 160.\n 282.\n 281.\n Return 54.\n."
}
{
    "_id": "d1b38d69a",
    "title": "",
    "text": "accelerated vesting 48,849 stock options. Dooley’s agreements January 17,\n. employment terminated six months\n vested stock options.\n exercisable less than 90 days after termination.\n accelerated vesting 15,000 unvested restricted stock units. agreement\n March 1 “change non units accelerate vested\n. employment terminated\n date termination\n accelerated vesting 7,500 unvested restricted stock units.\n. death disability 7,500 units (50%\n December 31, 2018) vest.\n accelerated vesting 10,630 unvested performance restricted stock units.\n. employment terminated six\n months. death disability all non-vested units\n accelerate vested date termination.\nPayment Termination Systemax Resignation$ Termination Death Disability$ Change Control$ Termination Control$\n Cash Compensation Non-Equity Incentive Compensation\n Accelerated Vesting Stock Option Awards 505,100\n Vesting Restricted Stock Unit Awards 377,400 188,700\n Vesting Performance Restricted Stock Unit Awards 267,500 (4)\n Medical Other Benefits\n Total 377,400 456,200 772,600"
}
{
    "_id": "d1b37b1d4",
    "title": "",
    "text": "14 LIABILITIES\n carrying amount fair value short-term receivables. note 21 fair value.\n Partners commercial managements.\n operating expenses 14.\n interest.\n Wages social expenses. 16\n financial instruments 12.\n joint ventures.\n.\n Balance 31 December 47. 36."
}
{
    "_id": "d1b3715f8",
    "title": "",
    "text": "Cash Flows\n flows\n Ended December 31,\n operating $47,112 $60,710 $57,187\n investing (73,414) (13,377 (168,795)\n financing 2,399 67,303"
}
{
    "_id": "d1b2e6264",
    "title": "",
    "text": "income tax expense federal rate (21% 2019. 27% 2018 35% 2017)\n July 2015, U. S. Tax Court Altera litigation IRS. stock-based compensation expense foreign subsidiary. accepted compensation. June 2019 Ninth Circuit reversed 2015 decision. Altera petitioned rehearing. impact 2020 Consolidated Financial Statements. estimated impact $75 million decrease deferred tax assets increase tax expense.\n 2014 2017 tax ruling Switzerland. decreased taxes $6. 3 million 2017. benefit diluted earnings per share $0. 03 2017. 2018 withdrawn reduced tax rate ruling Switzerland Swiss.\n Earnings foreign subsidiaries $458. 4 million June 30, 2019. States subject foreign withholding taxes $73. 1 million current rates.\n\n 30 2019 24 25 2017\n tax $513,780 $891,011 $634,086\n (17,565\n Foreign income,344\n Settlements tax (31,291),367\n Tax credits (71,779),301\n State valuation tax 26,742 57,302\n Equity compensation (35,875)\n differences 39,251 43,214\n. tax reform 63,913\n $255,141 $771,108 $113,910"
}
{
    "_id": "d1b2f9daa",
    "title": "",
    "text": "Segmental reporting\n Capital additions depreciation amortisation impairment\n property plant equipment £59. £33. £8. 1m. acquisitions intangible assets £72. £19. £60. 2m £9. intangibles. Right-of-use asset additions £48. 9m December 2019 £36. 1m additions 1st January IFRS 16 £11. 7m new leases £1. 1m acquisitions. additions UK world £36. 8m £20. world £143. 1m £32. 4m.\n additions Depreciation amortisation\n Specialties 57.\n Electric Thermal Solutions.\n Watson-Marlow.\n 179."
}
{
    "_id": "d1a738d04",
    "title": "",
    "text": ". Income Taxes\n differed federal rate 2019 2018\n income tax benefit 2019 $20. 6 million. driven by net valuation allowance $37. 4 million Insurance offset impairment goodwill not deductible. Insurance segment profitable 2019 three-year cumulative income.\n profitability driven by current income favorable claims reserve development. unrealized gains investment portfolio 2019.\n 2018 state filings. Insurance segment acquired Kanawha Insurance Company. net loss tax deductions reserves. bargain purchase gain not taxable. allowance. income tax expense sale BeneVir 2018 offset tax attributes valuation. no net tax expense.\n Years Ended December\n Tax provision federal statutory rate.\n Permanent differences.\n federal benefit.\n Foreign rate differential.\n interest.\n compensation.3.\n Increase valuation allowance (7.\n Transaction costs.\n Tax credits.\n Return provision. 15.\n 2017-11.\n Goodwill impairment.\n Gain sale deconsolidation subsidiary.\n purchase gain (24.\n.\n liability.\n Income tax expense."
}
{
    "_id": "d1b3168b0",
    "title": "",
    "text": ". VESSELS\n 23 vessels December 2019 2018. drydocking costs.\n Depreciation calculated cost less residual value $8. 0 million per vessel useful life. useful life 25 years.\n charges $497. 0 million 2018 excluded\n Impairment charges $2. 2 million $110. 5 million excluded\n three vessels maintenance 2019 two drydock 2019.\n Impairment Loss\n loss 2019. loss $2. 2 million $110. 5 million 2018 2017.\n reviewed assets impairment. compared undiscounted cash flows carrying value. cash flows exceeded carrying value no impairment recorded.\n historical trends future expectations. estimated freight rates. volatile market rates historical rates.\n figures USD\n Vessels January 1 1,307,087 1,769,967\n2,531 169,446\n January 1 52,331 119,303\n 8,210\n,182)\n 1,369,567 1,359,418\n Depreciation (469,570)\n Impairment Loss\n 899,997 953,758"
}
{
    "_id": "d1b322b60",
    "title": "",
    "text": ". Revenue Contracts\n Adopting Topic 606\n effects Financial Statements year 2019\n Adjustments Topic 606\n Net sales $3,164,434 $14,880 $3,149,554\n Cost 2,872,596\n Gross profit 291,838\n Operating income 142,055\n Income taxes 125,955\n expense 17,339\n Net income $108,616 $1,506 $107"
}
{
    "_id": "d1b364006",
    "title": "",
    "text": "Base Salary\n officers fixed compensation program. services experience skills knowledge. no formula adjustments. economic condition future performance. conservative competitive market pay.\n April 2018 compensation committee reviewed salaries. Friar Henry Reses Whiteley market analysis recommendations. approved annual base salary. Friar Henry Reses Whiteley to $400,000 April 1, 2018 competitive alignment. CEO’s 2018 base salary $2. 75 per year.\n annualized base salaries December 31, 2018 2017\n. Friar resigned Chief Financial Officer November 16, 2018 annual base salary $400,000.\n. Whiteley General Counsel Corporate Secretary March 18, 2018 salary adjusted promotion.\n salaries. Daswani Murphy not adjusted co-CFOs. Salary adjustments. April 2018 company-wide compensation review program. recommended approved People Lead.Daswani salaries co-CFOs $300,000 $295,000.\n Salary 2017 2018 Percentage Increase\n. Dorsey $2.\n. Friar $350,000\n. Henry $350,000 $400\n.\n. Whiteley $325,000\n. Daswani $280,000 $300,000 7%\n. Murphy $270,000 $295,000"
}
{
    "_id": "d1b385396",
    "title": "",
    "text": "\n table shows new orders 2019 backlog\n backlog includes accepted one year. subject cancellation rescheduling. price negotiations. backlog not indicative sales.\n new bookings increased 24% 2019 €1,170 million excluding settlements. book-to-bill 1. 0. Equipment bookings led foundry segment logic memory. Bookings strengthened €235 million first to €270 million second €292 million third €373 million fourth quarter. record high order backlog €351 million increase 16% 2018.\n December\n Backlog 176. 301. 71%\n New orders 942. 1,328. 41%\n Revenue (818. (1,283. 57%\n FX-effect 6.\n.\n Backlog reporting date 301. 351. 16%\n Book-to-bill ratio 1."
}
{
    "_id": "d1b3b0334",
    "title": "",
    "text": "importance spend on pay\n table shows spend employees distributions shareholders. average number included. Revenue Operating profit key measures Group performance.\n 2018 comparatives restated IFRS 9 15 16 share buybacks.\n Employee costs 7 56. 54.\n Average 6 802\n Revenue 355. 330. 8%\n Operating profit 243. 221. 10%\n Dividends share buybacks 26 27 156. 152."
}
{
    "_id": "d1b39fa5c",
    "title": "",
    "text": "Revenue costs attributed segments. integrated structure costs benefit. Revenue contracts allocated value. allocated relative methodology. Operating expenses marketing margin.\n costs segments allocated. legal information technology human resources finance excise taxes field selling shared facilities customer service. allocation measured. corporate-level activity not allocated restructuring expenses.\n revenue income\n loss restructuring expenses.\n Revenue\n Productivity Business Processes $ 41,160 $ 35,865 29,870\n Intelligent Cloud 38,985 32,219 27,407\n Personal Computing 45,698 42,276 39,294\n $ 125,843 $ 110,360 96,571\n Operating Income\n Productivity Business Processes $ 16,219 12,924 11,389\n Intelligent Cloud 13,920 11,524 9,127\n12,820 10,610 8\n 42,959 35,058 29,025"
}
{
    "_id": "d1b397758",
    "title": "",
    "text": "Liquidity Capital Resources\n fund operations through cash. December 31, 2019 cash equivalents $36. 6 million marketable securities $434. 8 million accounts receivable $97. 9 million.\n existing cash balances cash flow future operations working capital expenditure needs next 12 months foreseeable future. future capital requirements may vary depend revenue growth research development purchases equipment expansion sales marketing product introductions market acceptance economic conditions. liquidity insufficient may seek additional equity debt financing. additional financing required may. existing cash balances cash flow future operations sufficient working capital expenditure needs next 12 months foreseeable future. future capital requirements vary depend on revenue growth research expansion sales marketing product introductions market acceptance economic conditions. liquidity insufficient may seek additional equity debt financing.additional financing. existing cash balances flow sufficient working capital expenditure needs next 12 months future. future capital requirements vary depend revenue growth research development equipment expansion sales marketing inventory product introductions market acceptance economic conditions. liquidity insufficient seek additional equity debt financing. additional financing.\n April 30, 2018 Board authorized stock repurchase program $60. 0 million common stock $39. 7 million 2018 expiration December 31, 2018.\n December\n Cash equivalents $36,617 $60,444 $67,495\n Marketable securities 434,761 339,424 297,115\n Working capital 368,912 370,445 361,621\n Net cash operating activities 72,819 83,085 61,893\n investing activities (103,579) (56,237) (207,907)\nfinancing 6,933,899 5,477"
}
{
    "_id": "d1a72c19e",
    "title": "",
    "text": "\n operating investing financing Statement Cash Flows 71 summarized table. Global Financing.\n decreased $477 million 2019 income tax $346 million interest debt $300 million acquisition Red Hat Performance declines businesses divested $836 million financing receivables.\n investing increased $22,023 million increase $32,491 million Red Hat $7,223 million non-operating OEM financing decrease capital expenditures $1,346 million increase divestitures $1,076 million.\n Financing $9,042 million 2019 $10,469 million 2018. year-to-year increase cash $19,512 million increase debt transactions $16,584 million Red Hat acquisition decrease common share repurchases $3,082 million.\n December 31\n $14,770 $15,247\n Investing (26,936)\nFinancing 9,042 (10,469\n exchange rate (167) (495)\n Net change,290"
}
{
    "_id": "d1b30240a",
    "title": "",
    "text": "defined benefit pension plan utilizes investment securities. exposed to interest rate credit market. affect amounts reported.\n table target allocation pension plan assets at June 30 2019 June 2018:\n Fixed income 40%\n Equities 55%\n Other 5%\n Total 100%"
}
{
    "_id": "d1a738034",
    "title": "",
    "text": ". ACCRUED EXPENSES PAYABLES\n management bonuses vacation days wage tax social securities pension premiums. Deferred revenue undelivered. VAT taxes invoices goods services.\n Personnel items 32,636 45,318\n Deferred revenue 28,255,146\n Financing\n lease liabilities 7,002\n Advanced payments 25,382 47,601\n Supplier 1,828\n Marketing 1,049\n R&D projects\n accrued expenses 98,993 149,843"
}
{
    "_id": "d1b35d1ac",
    "title": "",
    "text": "Debt\n $13. 3 million March 31, 2018.\n $8. 7 million March 31, 2019.\n $2. 1 million March.\n discounts $0. 6 million. 5 million March 31, 2019 2018.\n Term Loan Credit Agreement $318,782\n Term Loan Facility 276,808\n Customer Advances 11,270\n debt 294,471\n maturities (28\n long-term debt $266,041 $304,083"
}
{
    "_id": "d1b336b56",
    "title": "",
    "text": "\n International Business Machines\n. billion 2019 $2. billion 2018. tax reform.\n 46 net income operating earnings.\n Revenue $ 77,147 79,591\n Net Income 9,431\n operations\n $ 11,436 12,657\n share common\n.\n.\n.\n Net cash $ 14,770 15,247\n Capital expenditures 2,370 3,716\n Share repurchases 4,443\n dividends common stock 5,707\n share.\n Cash securities $ 9,009 12,222\n assets $152,186 $123,382\n Working capital 10\n debt $ 62,899 $ 45,812\n equity $ 20,985 16,929\n Common shares\n price share $."
}
{
    "_id": "d1b388ac8",
    "title": "",
    "text": "\n Consolidated Statements 2019 2018 2017\n Ended March 31,\n Contractual interest expense $19,471 $30,323 $38,825\n Capitalized interest (232)\n issuance costs\n discount 1,481 1,843\n acquisition obligations 57\n capital leases 128\n interest $21,239 $32,882 $39,755"
}
{
    "_id": "d1b36b914",
    "title": "",
    "text": "Property Equipment\n cost. summary September 30 2019 2018\n Depreciation amortization straight-line three ten\n years. Leasehold improvements amortized lease. Depreciation $1. 4 million. 6 million. 3 million 2019 2018 2017. repairs maintenance operations. expenses. 1 million. million. 2 million.\n cost\n Leasehold improvements $3,575 $3,825\n Equipment\n software\n Furniture fixtures\n accumulated depreciation amortization (3,999)\n Total property equipment $4,231 $4,665"
}
{
    "_id": "d1b3b92ea",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n Stock-Based Compensation\n December 31, 2019 five plans Non-Employee Directors' Stock Retirement Plan\n 2004 Omnibus Long-Term Incentive Plan Equity Performance\n 2018 Equity Incentive\n. Future grants 2018 Plan.\n stock options appreciation rights restricted stock units\n shares units awards.\n table compensation\n fair value equity awards 2019 2018 2017 $6,589 $5,805 $5,471. tax deduction $1,489.\n Service-Based RSUs $2,207 $2,036 $1,762\n Performance-Based RSUs 2,553\n Cash-settled awards 255\n $5,015,256 $4,184\n Income tax benefit\n $3,882 $4,068"
}
{
    "_id": "d1b31b2e8",
    "title": "",
    "text": "Consolidated Financial Statements\n Leases\n Company leases corporate manufacturing facilities real estate developers. leases expire 2034 renewal options ten-year periods. include market rent escalations holidays leasehold improvement incentives. improvements amortized remaining. leases machinery office equipment non leases. remaining terms to 15 years.\n Rent expense $19. 3 million $16. 3 million $14. 8 million 2019 2018 2017.\n Capital Leases\n capital lease facility Beijing China manufacturing space. 2021 not recorded Consolidated Balance Sheet March 30, 2019. five years renewal options maximum 30 years. minimum future payments.\n Purchase\n materials manufacturing services. property equipment due next 12 months.\n minimum payments-cancelable leases March 30, 2019\nOperating Capital Purchase Commitments\n 2020 $22,207 $328,435\n 2021 13,382\n 2023\n 7,139\n 31,598 47,258\n payments $92,881 $52,379 $361,690"
}
{
    "_id": "d1b3a37a6",
    "title": "",
    "text": "Option Exercises Stock Vested Fiscal 2019\n table options vesting 2019\n realized excess market price.\n market price Shares.\n vesting PSUs RSUs Fiscal 2018 LTIP.\n Option Awards Stock Awards\n Shares Acquired Value Realized\n Mark J. Barrenechea 135,208 $2,801,023 $7,625,905\n Madhu Ranganathan\n Muhi Majzoub $2,592,411 $1,263,646\n Gordon A. Davies $1,486,870\n Simon Harrison $714,495 $346,808"
}
{
    "_id": "d1b3aa42a",
    "title": "",
    "text": "Sales-Type Leases\n We lessor in network equipment five years. or bargain. residual value guarantees restrictive covenants. allocation between lease nonlease determined by selling price. net investment in lease receivables less unearned income. Collectability evaluated. taxes leases. allowance for credit losses net investment. investment\n Included in receivables.\n assets.\n Current minimum lease payments receivable(1) $1,201 $11,339\n Non-current 889 1,670\n Total 2,090 13,009\n Current unearned revenue(1) 365 631\n Non-current unearned revenue(2) 163 473\n Net investment in sales-type leases $1,562 $11,905"
}
{
    "_id": "d1a727b8a",
    "title": "",
    "text": "table currency\n revenue growth declined 7% 2019 from 12% 2018. growth new customers agreements foreign currency movements alliance arrangements expansion emerging markets. decline driven one-time services recurring revenue cash.\n December 31,\n Revenue $576,523 $537,891 $481,985\n Foreign exchange effect revenue 7,077\n Constant currency revenue $583,600 $532,600 $487,850\n Revenue growth 7. 2% 11. 6%. 9%\n currency growth 8. 5%."
}
{
    "_id": "d1b3afc7c",
    "title": "",
    "text": ". FINANCIAL INSTRUMENTS.\n long financial assets fair value profit loss calculated level 2. balances calculated level 1. calculated level 2. balances level 1.\n Indebtedness excludes deferred financing costs prepayment options. excludes deferred financing costs options.\n Trade receivables payables approximate fair value short-term maturity.\n December 31, 2018 Amortised cost Fair Value\n Cash equivalents $ $768,433 1\n Trade receivables 45,631\n Other current financial assets 18,632  18,779\n long-term financial assets 33,796  21,959  55,755\n Trade payables (30,659)\n current financial liabilities (26,380),131 Level 2\nlong-term liabilities,894) (54,521)\n Indebtedness,853,883),695\n $46,795,123,646,076,851),935,620)"
}
{
    "_id": "d1b39f048",
    "title": "",
    "text": "net deferred income tax assets September 28, 2019 29, 2018\n 2019 valuation allowance increased $0. 8 million. AMER $1. 7 million EMEA $0. 9 million.\n September 2019 $189. 2 million pre state net operating loss carryforwards 2020 2040. full valuation allowance. $79. 6 million pre-tax foreign net operating loss carryforwards 2019 2025. full.\n 2019 regulations issued tax legislation adopted jurisdictions. impacts financial condition cash flows.\n granted tax holiday foreign subsidiary APAC. 31, 2024 subject conditions. 2019 tax reductions $23. 9 million Tax Reform. $39. million. $37. 5 million.\n taxes undistributed earnings foreign subsidiaries. deferred tax liability $10. 5 million September 28, 2019.\nCompany $2. 3 million uncertain tax benefits September 28, 2019. liabilities $1. 5 million income taxes $0. 8 million. payment.\n income tax assets\n Loss carryforwards $28,391 $27,915\n Inventories 16,809\n Accrued benefits 15,834\n 3\n deferred tax assets 64,387 52,283\n valuation allowances (29,170\n assets 35,217\n Property plant equipment 15,621\n unremitted earnings 5,192\n Acceleration 606\n 26,868\n 8,349"
}
{
    "_id": "d1b38ce02",
    "title": "",
    "text": "revenue $8,034 million decreased 2. percent to adjusted IBM Z performance 2017 price pressures Storage Systems.\n hardware platforms down year year. offset growth Power Systems POWER9 systems Linux. cloud revenue $3. 1 billion decreased 10 percent IBM Z product cycle dynamics.\n year December 31 2018.\n Systems revenue $8,034 $8,194 (2.\n Systems Hardware $6,363 $6,494.\n IBM Z.\n Power Systems.\n Storage Systems.\n Operating Systems Software 1,671 1,701."
}
{
    "_id": "d1b324168",
    "title": "",
    "text": "Property Equipment\n Depreciation $22,538,000 $21,721,000 $25,787,000 2019 2018 2017.\n November 1 2019 real estate Chandler Arizona $48,000,000 headquarters. building infrastructure. properties Tempe Arizona.\n $12,138,000 $27,658,000 $11,700,000. Depreciation.\n Software $114,674 $170,327\n Buildings 92,092 64,263\n Equipment 60,661 100\n Furniture fixtures 34,768\n 33,668\n Land 31,374\n Accumulated depreciation amortization (236,330 (331,700\n $130,907 $72,954"
}
{
    "_id": "d1b3148d0",
    "title": "",
    "text": ". VENTURES\n.\n equity interest.\n adjustments local accounting standards SFRS.\n Airtel Telkomsel\n Statement financial position\n assets 4,378. 3,546. 1,481. 1,368.\n Non-current 45,611. 6,169. 5,548. 10,027.\n (13,568. (2,547.,344.,994.\n Non-current liabilities,676. (2,909.\n 15,744. 6,281. 1,775. 1,584.\n Non-controlling interests (1,399.\n assets equity holders 14,345. 6,281. 1,776. 1,579.\n ownership 36. 35\n share assets 5,230. 2,198. 837. 368\n 1,229. 1,403. 293.\n 387.\ninvestment 6,847. 3,602. 1,079. 659.\n 348. 2,371. 229. 522.\n liabilities (19,774. (570. (2,658. (3,690.\n (3,884. (76. (187.\n market value 10,995. 3,544. 5,013."
}
{
    "_id": "d1b391a42",
    "title": "",
    "text": "Administrative Expense\n increased $15. 4 million 2019 2018. due $9. 8 million employee costs stock-based compensation headcount 89 113. increase $3. 7 million depreciation amortization. million compliance. 6 million office expenses $0. 2 million software subscription costs.\n Ended December 31,\n $ 46,820 $ 31,462 15,358.\n revenue"
}
{
    "_id": "d1b389928",
    "title": "",
    "text": "table contractual maturities debt investments April 26, 2019\n differ borrowers call prepay obligations.\n one year $ 591 589\n five 642\n ten 455\n $ 1,690 1,683"
}
{
    "_id": "d1b39a368",
    "title": "",
    "text": "SHARE BASED COMPENSATION PLANS\n compensation cost shares equity\n 1,305,399 options granted Share Plan 2015 2019 average exercise price $14. 86 per share grant date fair value $2. 6 per share.\n Restricted plans. 211,567 units/options value $10. 48 per share. $10. 48 per share.\n 1,400,000 shares granted management personnel fair value $10. 08 per share.\n Joint Stock Ownership Plan\n 2012, Eros International Plc Employee Benefit Trust. purchased 2,000,164 shares borrowed repayable demand. Board recommends shares nominal price. shares held Plan. shares equity ‘JSOP reserves’.\n Year March 31\n IPO India Plan $1,198 $1,572 $2,140\nJSOP 3,622\n 2012\n 2014 1,427\n 2015\n 5,346 7,283\n grant 11,911 8,173 10,850\n $21,561 $23,471"
}
{
    "_id": "d1b37ad42",
    "title": "",
    "text": ". Employee Benefits\n Salaries 10,031 9,025 8,693\n Social security 1,477 1,339 1,281\n Share-based 1,835\n Pension\n Employee restructuring 1,111\n 47\n Employee 14,870 11,595 11,643"
}
{
    "_id": "d1b3aaad8",
    "title": "",
    "text": ". taxes\n property motor excise transaction income statement\n million 2017/2018 2018/2019\n 79\n cost sales\n selling expenses (65)\n administrative expenses (13)"
}
{
    "_id": "d1b31aff0",
    "title": "",
    "text": ". SEPARATELY DISCLOSED\n Group disclosed EBITDA1 profit after tax trading results transactions not regular business activities. results comparison. 'separately disclosed Financial Report.\n Transaction costs acquisition Sigma Systems\n $2,063,000 Sigma Systems. vendor due diligence legal administrative matters travel costs management. included 'Travel Expenses 'Other Expenses consolidated statement income.\n details acquisition Note 24.\n costs $677,000 acquisition Enoro Holdings Hansen Technologies Holdings subsidiaries. included 'Other Expenses consolidated statement.\n lease provision\n provision future lease payments benefits. separately identified costs not normal business activities. included 'Property Operating Rental Expenses.\n Restructuring costs Sigma Systems\n $72,000 restructuring costs redundancy payments post-acquisition.costs Benefit Expenses income.\n Decrease profit before tax\n Transaction costs Sigma Systems Enoro (2,063) (677\n lease provision\n Restructuring costs Sigma Systems\n disclosed items (2,794) (677"
}
{
    "_id": "d1b304e80",
    "title": "",
    "text": "deferred tax assets liabilities\n provide taxes undistributed earnings foreign subsidiaries. taxes differences reinvested outside. May 31, 2019 differences. approximately $7. 9 billion. If differences recognized generate foreign tax credits reduce federal tax liability. May 31, 2019 potential net deferred tax liability approximately $1. 5 billion.\n net deferred tax assets $2. 4 billion $1. 3 billion May 31, 2019 2018. realization taxable income reversal differences loss tax credit. subject adjustment taxable income change.\n valuation allowance $1. 3 billion May 31, 2019 2018. tax assets purchase accounting tax credits. reduction valuation allowance recognition tax benefits recorded to income taxes final determination valuation allowance conclusion measurement period.\nmillions\n Deferred tax assets\n Accruals allowances $541 $567\n Employee compensation benefits 646\n revenue 322\n property plant intangible assets 1,238\n Tax credit loss 3,717 2,614\n deferred tax assets 6,464 4,183\n Valuation allowance\n 5,198 2,875\n Unrealized gain stock\n Acquired intangible assets (973\n property\n tax liabilities (2,766\n $2,432 $1,337\n-current deferred $2,696 $1,395\n"
}
{
    "_id": "d1b3b67ac",
    "title": "",
    "text": "tables summarize unrealized gains losses restricted investments December 31, 2019 2018\n 31, 2019 no investments loss 12 months. 31, 2018 six investments $87. 4 million 12 unrealized losses $6. 4 million. losses due interest rates. hold securities until cost basis. impaired.\n 31, 2019\n Foreign government obligations $129,499  $3,433 $126,066\n. obligations 99,700 97,719\n. $229,199 $5,414 $223,785\n December 31, 2018\n Foreign obligations $73,798  $14,234 $235 $87,797\n. 97,223\n $171,021 $14,650"
}
{
    "_id": "d1b332740",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n December 31, 2019 2018 valuation allowance $194. 2 million $151. 9 million foreign items. increase allowance 2019 due uncertainty timing deferred tax assets foreign operations offset foreign currency exchange rates. deferred tax assets adjusted if weight subjective evidence projections growth.\n valuation allowance\n Includes net charges expense allowances acquisition.\n recoverability deferred tax assets assessed current operations. not dependent material asset sales non-routine transactions. believes deferred tax assets realized.\n Balance January 1, $151. $142. $144.\n.\n.\n currency.\n Balance December 31, $194. $151. $142."
}
{
    "_id": "d1b320ca2",
    "title": "",
    "text": ". Derivative Financial Instruments\n global company exposed to interest rate foreign currency risks financial position results cash flows. use derivative instruments hedge hold not trading.\n market conditions assets liabilities. report at fair value account changes if hedge accounting. record changes fair value to earnings. See Note 11. “Fair Value Measurements” financial statements.\n tables fair values derivative instruments balance sheets December 31, 2019 2018\n Prepaid Expenses Current Assets Liabilities\n Derivatives hedging instruments\n Foreign exchange forward contracts $226 $139 $369 $230\n not\n Foreign exchange forward contracts $973  $1,807 \n Interest rate swap contracts. 406 7,209\n derivatives not.$973 $2,213,209\n. $1,199"
}
{
    "_id": "d1b38489c",
    "title": "",
    "text": "Derivative Instruments\n Hedge Accounting\n currency forward contracts 12 months exchange rates. measured fair value inputs rates interest rates credit-risk spreads. speculative.\n Cash Flow Hedges currency exchange capital. recognized losses $3 million $17 million gains $15 million 2019 2018 2017. excluded reclassifications 2019. not material.\n Included in receivables.\n accounts payable accrued expenses current debt convertible notes settlement obligations.\n August 29, 2019 30 2018 4 million 3 million shares common stock.\n National Amount Current Liabilities(2)\n August 29, 2019\n instruments hedge accounting\n Cash flow currency hedges $146\n without hedge\n Non-designated currency hedges\n Convertible notes settlement\n$(188)\n August 30, 2018\n instruments hedge\n Cash flow currency hedges $538\n hedge\n Non-designated currency hedges 1,919\n Convertible notes settlement\n"
}
{
    "_id": "d1b365640",
    "title": "",
    "text": "Share Plan\n disclosures.\n 2016 2017 2019\n 11th June 5th 26th\n Mid market share price 3,460. 3,550. 5,256. 5,560. 8,161.\n employees 15\n Shares 70,290 69,890 62,356 60,899,626\n 3 years\n Probability vesting 71. 70. 8% 73.\n value 2,473. 2,513. 3,842. 4,084. 6,048."
}
{
    "_id": "d1b3580bc",
    "title": "",
    "text": ". Geographic Information\n Property equipment geography\n No country 10% property equipment.\n Ended December31\n 2018. 200. 231\n.\n $258. $299."
}
{
    "_id": "d1b3505c4",
    "title": "",
    "text": "\n 2019 Company granted awards. service three years vest 33% grant. vest meeting. cost. estimates value market price. recognizes compensation expense.\n nonvested RSUs\n 2019 259,634 RSUs vested. withheld 57,802 minimum payroll taxes.\n unrecognized compensation expense $20. 5 million RSUs $15. 0 million TSRs $0. 5 million LTIP performance shares $0. 3 million nonvested $0. 2 million stock options.\n stock-based compensation expense ASC 718 2019 2018 2017 $36. 8 million $20. 4 million $13. 7 million tax benefits $5. 9 million $3. 9 million $1. 7 million. recognizes compensation expense stock awards.recognizes compensation stock option awards.\n Nonvested December 31, 2018 651,045 $23.\n Granted 742,579.\n Vested 24.\n Forfeited -124,586.\n Nonvested December 31, 2019 1,009,404 29."
}
{
    "_id": "d1b2fb2f4",
    "title": "",
    "text": "table presents deferred tax assets liabilities\n July 27, 2019 federal state foreign operating loss carryforwards were $676 million $1 billion $756 million. acquisitions limited. 2020. valuation allowance $111 million.\n July 27, 2019 tax credit carryforwards $25 million $1. 1 billion $5 million. expire 2020. credits carried forward indefinitely. valuation allowance $346 million.\n 28,\n doubtful accounts returns.\n Sales direct-financing leases\n Inventory write-downs capitalization\n Investment provisions.\n IPR&D goodwill purchased intangible assets\n Deferred revenue.\n net operating loss carryforwards.\n Share-based compensation expense\n Accrued compensation\n deferred tax assets\n Valuation allowance\ndeferred tax assets. 4,998\n Purchased. (705)\n Depreciation.\n Unrealized gains.\n tax liabilities (1,028)\n net $3,970"
}
{
    "_id": "d1b3388ac",
    "title": "",
    "text": ". Transfer unclaimed amounts Investor Education Protection Fund\n Sections 124 125 Act Investor Education Protection Fund Authority Rules 2016 dividend not claimed 7 years Investor Education Protection Fund.\n shares dividend unclaimed seven years\n transferred IEPF.\n shares order Court Tribunal Statutory\n Authority restraining transfer.\n Company sends reminders\n dividends avoid transfer IEPF. Notices\n newspapers details unclaimed dividends\n uploaded website.\n.\n Company transferred to IEPF\n unclaimed dividends 7 years Company TCS e-Serve\n CMC Limited. shares\n dividend not claimed 7 years\n transferred to IEPF Authority.\n details unclaimed dividends shares transferred IEPF 2019\n Includes final dividend TCS e-Serve CMC Limited\nmembers dividends shares IEPF\n online application Form. IEPF-5.\n physical copy Company documents\n. claims against Company dividend\n transferred. file one consolidated claim financial year\n Rules.\n unclaimed dividend shares\n 2011 102. 3,028\n 2012 86. 29,672\n 189. 32,000"
}
{
    "_id": "d1a72d756",
    "title": "",
    "text": "2019 2018\n increased $6. 5 million 7. 3% $89. 5 million to $96. million. growth driven SaaS software hardware maintenance offset home health care services sequencing molecular analysis.\n SaaS revenue $72. 8 million $7. 2 million. $65. 6 million. $4. million increase Eviti solutions $3. 2 million NaviNet SaaS revenue professional services.\n Software hardware increased $3. 5 million 76. 8% $4. 5 million to $8. million. DCX contract.\n Maintenance revenue increased $0. 7 million. 0% $9. 8 million to $10. 5 million. DCX contracts.\n Sequencing molecular analysis revenue decreased $1. 4 million 44. 6% $3. 1 million to $1. 7 million. lower volume samples.recognize revenue from contracts without uncertainty reimbursement. insurance coverage expect reduce sequencing molecular analysis revenue cash.\n reimbursement ordered no payer contract. engaging plans physician’s ordering. pre-authorizations documentation billing appeal process payment.\n approval pathways test capabilities FDA in medical device clearance coverage governmental Medicare. uncertainty formal approval. implemented patient financial responsibility expect unpaid partial paid orders decline GPS orders revenue.\n Home health care services revenue decreased $3. 5 million 54. 7% from $6. 3 million 2018 to $2. 9 million 2019. due sale business June 2019.\n opportunities for expanded cross-selling base. expand GPS Cancer analysis reporting. Maintaining customer base important future SaaS revenue.\n Year Ended December 31, Period-To-Period Change\n\n.\n Software-service 72,831 65,646 7.\n 8,015 3. 8 %\n 10,519 9,834.\n software revenues 91,365 11,351. 2 %\n Sequencing analysis 1,733 3,129.\n health care 2,863 6,321.\n revenue $ 95,961 89,464 6,497. 3"
}
{
    "_id": "d1b3a0ace",
    "title": "",
    "text": "non-current assets\n pledged employee benefits not.\n ENDED DECEMBER 31\n post-employment benefit plans 24 331\n Long-term notes receivables 142 89\n 200\n-traded-held investments 129 110\n 128 114\n 135\n non assets 1,274 847"
}
{
    "_id": "d1b329cc6",
    "title": "",
    "text": ". MAJOR SHAREHOLDERS TRANSACTIONS\n.\n table ownership five percent directors officers annual report.\n 147,230,634 shares.\n holdings High Seas AS Hansson family personal holdings Chief Executive Officer. Herbjorn Hansson director Alexander Hansson.\n Less than 1% shares.\n April 14, 2020 575 holders Cede & Co. Depositary Trust. total 147,230,634 Shares annual report.\n Title Identity Person. Shares Percent\n Hansson 4,380,659 2. 98%\n Jim Kelly\n Richard Vietor\n David Workman\n Bjørn Giæver"
}
{
    "_id": "d1b33d28a",
    "title": "",
    "text": "FREE CASH FLOW DIVIDEND PAYOUT RATIO\n standardized meaning IFRS. comparable issuers.\n free cash flow operating activities acquisition costs voluntary pension funding capital expenditures preferred share dividends subsidiaries NCI. acquisition. non-recurring.\n free cash flow indicator financial strength dividends debt. investors analysts cash financial strength. comparable IFRS measure cash flows operating activities.\n dividend payout ratio dividends common shares divided free cash flow. sustainability dividend payments.\n reconciliation cash flows.\n Cash flows operating activities 7,958\n Capital expenditures (3,988)\n dividends preferred shares (147)\n subsidiaries NCI (65)\n Acquisition costs\n Voluntary pension plan contribution\n Free cash flow 3,818 3,567"
}
{
    "_id": "d1b32dec0",
    "title": "",
    "text": "property business includes communications sites networks leasing fiber backup power. presence wireless development diversification growth potential. property segments revenue\n Communications Sites. 95% 96% 97% revenue 2019 2018 2017.\n lease space sites communications services cellular voice data broadcasting mobile video applications. receive pass-through revenue costs power fuel ground rent. top tenants revenue U. S. AT&T. Verizon Wireless T-Mobile US. Sprint Corporation 89%. revenue. 2020. Asia Vodafone Idea Bharti Airtel Reliance Jio 83% Asia revenue. Africa MTN Group Airtel 74% Africa revenue. Europe Telefónica. Bouygues Free 70% Europe. Latin America Telefónica AT&T América Móvil 58% Latin America revenue.\n.\n\n Africa 7%\n Europe 2%\n Latin America 18% 17%"
}
{
    "_id": "d1b3a3fbc",
    "title": "",
    "text": "Benefit Costs net pension cost $6. 5 million $4. 6 million years 2019 2018.\n components benefit cost\n income $1. 4 million revenue loss $7. 9 million 2019 $2. 1 million loss $6. 7 million 2018.\n Service cost—benefits earning\n Interest cost benefit obligation 5.\n return assets.\n Actuarial (gain loss.\n Foreign currency gain (loss.\n Net pension cost 6."
}
{
    "_id": "d1b3b82e6",
    "title": "",
    "text": "INTANGIBLE ASSETS\n June 30, 2019 2018\n amortization customer relationships 14. 3 years. underlying rights easements certifications indefinite lives. amortization 13. years. amortization June 30 2019 2018 2017 $95. 1 million $97. 2 million $80. million.\n Carrying Amount Accumulated Amortization\n 30\n-Lived Intangible Assets\n relationships $1,597. $1,098.\n.\n 1,601. 1,100.\n Indefinite-Lived Intangible Assets\n.\n.\n 1,619. 1,118.\n 30\n Finite-Lived Intangible Assets\n $1,597. $1,191.\n.\n 1,599. 1,193.\n Indefinite-Lived Intangible Assets\n.\n rights.15.\n $1,618. $1,212."
}
{
    "_id": "d1b36abc2",
    "title": "",
    "text": "Equity-based Compensation Plans\n Company equity awards participants options restricted stock units Stock. option purchase price. RSU award shares. options RSU awards vest three years. employee stock purchase plan payroll deductions.\n Lam Research Corporation 2007 Incentive 2011 2015 non-qualified equity awards employees consultants advisors non directors. 2015 Incentive Plan 18,000,000 shares. 1,232,068 shares 2007 Incentive Plan added 2015. June 30, 2019 9,379,904 shares future issuance. New shares issued from Stock 2015 Incentive Plan.\n equity-based compensation expense benefits Consolidated Statements Operations\n estimated fair value awards amortized over vesting terms.\n 30 2019 2018\n\n Equity compensation $187,234 $172,216\n $47,396 $87,505,381\n options RSUs $49,242 $90,297,749"
}
{
    "_id": "d1b374c30",
    "title": "",
    "text": "Asset Retirement Obligations\n December 31, 2019 removing equipment disposing asbestos hazardous materials buildings. long-term liabilities balance sheets.\n Level 3 acquisition recorded liabilities fair values. discounted cash flow method.\n obligation activity\n liabilities assumed 2018 purchase price adjustments.\n 2019 2018 2017 estimates offset property plant equipment.\n Years Ended December 31,\n Balance $190 115\n Accretion expense\n Liabilities Level\n settled\n transferred Cyxtera\n Change estimate\n Balance end year $197 190"
}
{
    "_id": "d1b3394aa",
    "title": "",
    "text": "Restructuring\n 2019 Company implemented plan expense structure reduction revenue objectives. assessed efficiency consolidated locations personnel. plans reduce operating expenses. internationally.\n February 2019 restructuring workforce Germany closure office Munich relocation severance benefits. offered voluntary early retirement March 2019.\n January 2018 early retirement incentive program. cumulative $7. 3 million. additional expenses.\n reconciliation restructuring liability wages benefits Balance Sheets\n 2018\n Balance $185 $205\n Amounts charged cost expense 6,014 7,261\n paid (4,631) (7,281)\n end $1,568 $185"
}
{
    "_id": "d1b3272d2",
    "title": "",
    "text": "BUSINESS COMBINATION 2019\n Purchase fibre network assets\n October 3 2018 Atlantic Broadband south Florida fibre network FiberLight. fibers added 350 route miles south Florida footprint.\n purchase subject closing adjustments. final allocation purchase price\n August 31, 2019 November 30, 2018\n Purchase price\n closing 38,876\n Balance due 5,005\n 43,881\n Net assets acquired\n receivables\n Prepaid expenses\n Property plant equipment\n Intangible assets\n Goodwill\n Contract liabilities\n 43,881"
}
{
    "_id": "d1b3b80ac",
    "title": "",
    "text": ". PRINCIPAL ACCOUNTING FEES SERVICES.\n Independent Accounting Firm\n fees audit services Brightman Almagor Zohar & Co. Deloitte Global Network audit financial statements years December 2019 2018 services.\n Audit fees quarterly statements services regulatory filings.\n Tax fees tax returns Inter-Company matters.\n Deloitte financial information system design implementation. providers. Deloitte compliance outsourcing services.\n 2019\n Audit Fees $58,000 $55,000\n Audit-Related Fees $\n Tax Fees (2) $28,000 $11,000\n Other Fees\n Total Fees $86,000"
}
{
    "_id": "d1b3b20f8",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n. OPERATING EXPENSE\n impairment charges net losses sales disposals. records impairment charges value partially. towers network intangibles-related intangibles. Net losses sales disposals relate non towers miscellaneous items. acquisition integration costs.\n years December 31,\n 2017\n Impairment charges $94. $394. $211.\n Net losses sales disposals 45. 85.\n Other operating expenses 27.\n $166. $513. $256."
}
{
    "_id": "d1b38a6de",
    "title": "",
    "text": ". Income Taxes\n 2019 2018 2017\n Federal $15,160 $63,814 $78\n 11,943\n 27,103 74,182\n Deferred\n (3,498),958)\n Foreign (7,093) 23,793\n (9,764 20,388\n $17,339 $94,570 $9,761"
}
{
    "_id": "d1a7179c4",
    "title": "",
    "text": "Statements\n related party items\n Transactions FNF November 30 2019 related party.\n ended December 31,\n Software services $40. $35. $32.\n Data services 19. 21. 24.\n party revenues $59. $57. $56."
}
{
    "_id": "d1b3c8998",
    "title": "",
    "text": "Personnel expenses\n operating profit.\n Wages salaries 158,371 191,459\n Social security 14,802\n Pension 8\n Share 8,215 10,538\n Restructuring\n 188,503 227,727"
}
{
    "_id": "d1b38008a",
    "title": "",
    "text": "Business Services\n segment changes.\n increased 2017 growth Consulting digital cloud technology expertise. GPS grew Application Management revenue flat declined 2017.\n cloud Migration Factory development declines traditional application management engagements. cloud revenue $4. 7 billion grew 20 percent 19 percent adjusted currency prior year.\n year December 31 2017.\n Global Business Services revenue $16,595 $16,073 3. 2% 2. 3%\n Consulting $7,705 $7,262. 1% 5.\n Application Management 7,852.\n Global Process Services 1,037."
}
{
    "_id": "d1b394ca6",
    "title": "",
    "text": "segment changes.\n 2018 GTS profit margin flat productivity automation delivery workforce optimization.\n Pre-tax income-market offerings hybrid market.\n December 31 2018 2017. Margin Change\n Services\n gross profit $10,035 $10,022.\n margin 34. 4%.\n Pre-tax income $ 1,781 2,618.\n margin 5. 8%."
}
{
    "_id": "d1b32a91e",
    "title": "",
    "text": "intangible assets\n Amortization expense $364. 7 $316. $294. 3 2019 2018 2017. $400 2020 $383 2021 $379 2022 $347 2023 $321 2024.\n.\n Assets subject amortization\n $3,926.(1,083. 2,843.\n 504. 304\n. 78.\n Patents.\n.\n Assets not amortization\n 608.\n Balances December 31, 2018 $ 5,228. $(1,386. 3,842.\n Assets amortization\n intangibles $ 4,955. $(1,349. 3,606.\n Unpatented 613. 333.\n.\n Patents 12.\n.\n Assets not subject amortization\n 659.\n Balances December 31, 2019 6,420.(1,752. 4,667."
}
{
    "_id": "d1b3c865a",
    "title": "",
    "text": "Consolidated Revenues\n key drivers results sources liquidity.\n table summarizes revenues deferred net revenues in-game net revenues\n In-game net revenues downloadable content microtransactions.\n Consolidated revenues\n decrease 2019 driven $1. 1 billion Destiny Hearthstone Call of Duty Overwatch.\n offset increase $236 million Sekiro: Shadows Die Twice Crash Team Racing Nitro-Fueled.\n remaining decrease $131 million other franchises titles.\n Increase\n Consolidated net revenues $6,489 $7,500 $(1,011) (13)%\n effect deferred net revenues 101 238 (137)\n In-game net revenues 3,376 4,249 (873"
}
{
    "_id": "d1a741bd4",
    "title": "",
    "text": ". Inventories\n June 30 2019\n FIFO $178. 4 million $210. 3 million higher. cost LIFO inventories $793. $760. 8 million. reductions decreased cost $0. 2019. 6 million 2018. 2017.\n Raw materials supplies $169. $157.\n Work process 425. 372.\n products 192. 159.\n inventory $787. $689."
}
{
    "_id": "d1b371530",
    "title": "",
    "text": ". income\n Ended\n April 26, 2019 27, 2018 28, 2017\n Interest income $ 88 $ 79 $\n expense (58)\n 24\n $ 47 $ 41"
}
{
    "_id": "d1b344968",
    "title": "",
    "text": "Stock\n summary changes December 31, treasury\n Restricted stock shares Omnibus Incentive Plan 2019 1,478 issued (5,024) forfeited reflected Recordkeeper. Balance Sheets reflect issued Recordkeeper.\n acquisition B+ Equipment issued shares common stock September 26, 2018 former equity holders. offshore no direct selling without registration Securities Act 1933 issuer safe harbor Regulation S.\n January 1, 2019 new share issuances awards netted income tax. withheld canceled. shares issued recorded treasury stock. Shares netted taxes 2019 vesting restricted stock shares years.\n activity 2018 adjustment.\n Repurchase common stock December 31, 2019 includes 71,530 shares not reflected Recordkeeper. Balance Sheets reflect shares treasury Recordkeeper.\n Changes common stock\n231,619,037 230,080,944 227,638,738\n 569,960 480,283\n,984) (86,518 (184,235\n vested 164,347 151,280 607,231\n 2014,783 749,653\n,139\n 636,723\n Stock Leverage Opportunity Awards 6,321 109,841 136,783\n Omnibus Incentive Plan 123,824 10,841 15,768\n Canceled tax (181,488)\n (25,233\n 231,622,535 231,619,037 230,080,944\n stock\n 75,964,667 61,485,423 34,156,355\n Repurchase 1,632,163 14,826,924 27,320,816\n Profit,108 (538,524 (502,519)\n withheld 190,844 510,771\nshares 77,109,722,667 61,485\n 154,512,813 155,654,370,595,521"
}
{
    "_id": "d1a72df58",
    "title": "",
    "text": "Contractual Obligations\n August 31, 2019 summarized. non-cancelable obligations property plant equipment materials commitment. beyond weeks. beyond cancelable.\n interest notes payable long-term debt 2019. variable rates. estimated interest rates.\n purchase commitments property plant equipment software.\n estimated company contributions pension plans 2020 benefit payments unfunded pension postretirement plans 2020 2029. payments not recorded Consolidated Balance Sheets as incurred.\n $28. 5 million capital commitment $16. 2 million obligation human resource system $33. 0 million one-time transition tax installments 2026.\n August 31, 2019 $1. 5 million $103. 7 million current long-term liability uncertain tax positions. estimate excluded from table.\n Payments due period\n1-3 3-5\n debt $2,496,465 $375,181,655,134,733\n interest 373,762\n lease 603,185 118\n Capital lease 77,829\n Non-cancelable 351,230 289,516 61,537\n Pension retirement contributions 14,618 1,135 1,904 9,183\n 77,669 17,922\n $3,994,758 $917,610 $924,411 $1,332,208 $820,529"
}
{
    "_id": "d1b2e5468",
    "title": "",
    "text": "Operations\n December 31, 2018 2019\n 2019 27. ships revenue days 27. management 2018 26. ships 9,030 revenue days 25. 5 ships technical management.\n Revenues increased 8. 1% $50. 3 million $618. 3 million 2018 to $668. 6 million 2019. $63. 4 million GasLog Houston Hong Kong Gladstone delivered January 8 March 20 March Warsaw July 31, 2019. revenue. increase $11. 0 million spot short-term market unscheduled dry-dockings GasLog Savannah Singapore Chelsea increase $2. 7 million remaining fleet. offset decrease $26. 1 million expiration charters Shanghai Santiago Sydney Skagen Saratoga Jane Elizabeth decrease $0. 7 million increased off-hire days remaining vessels.daily hire $68,392 2018 to $70,167 2019.\n. Dollars\n Revenues $618,344 $668,637 $50,293\n pool allocation 17,818 (4\n Voyage expenses commissions (20,374\n Vessel costs (128,084,662\n Depreciation,193)\n expenses (41,993) (47,385\n Impairment loss\n Profit operations 292,518 123,364\n Financial costs (166,627) (190,481\n income 4,784 5\n Loss derivatives (6,077\n profit\n expenses (166,120 (238,977\n Profit(loss 126,398 (115,613)\n Non-controlling interests 78,715\n $47,683"
}
{
    "_id": "d1b309df4",
    "title": "",
    "text": "Share-based payments\n Disclosures. detail Annual Report Remuneration 2019 pages 102 132. charge Income Statement\n 2019 2018\n £m Performance Share Plan.\n Employee Share Ownership Plan.\n expense Income Statement."
}
{
    "_id": "d1b338bcc",
    "title": "",
    "text": "Investing Activities. Cash flows changed$65. 7 million 2018 to $13. 8 million 2019. million$62. 9 million cash sale restaurants repayments refranchising increase $9. 8 million capital expenditures.\n includes restaurant remodeling information technology investments new locations equipment. 2019 increased $9. 8 million $16. 2 million purchases sale offset $8. 7 million decrease restaurant capital maintenance facility improvement restaurants. increase due property Los Angeles restaurant. purchase price $17. 3 million intend sell property lease 12 months.\n facility expenditures $9,202 $17,949\n Purchases 21,660\n New restaurants 1,381\n 3,597\n Corporate Services\n Information technology 9,405 4,584\n facility improvements 2,404\n,649 $37,842"
}
{
    "_id": "d1b337542",
    "title": "",
    "text": "table annual pension entitlement Executive Board membership 62 SAP salary plans.\n rights Bill McDermott pension plan SAP America.\n. pensions retirement higher.\n Vested 12/31/2019/31/2018\n Christian Klein-CEO 10/11/2019.\n Fox-Martin.\n Michael Kleinemeier.\n Bernd Leukert 3/31/2019 34.\n Bill McDermott 10/10/2019 Executive Board Member 11/15/2019 90.\n Luka Mucic 27.\n Jürgen Müller.\n Ries.\n Thomas Saueressig 11/1/2019."
}
{
    "_id": "d1b33a8e6",
    "title": "",
    "text": "Non-current Liabilities\n 2019 2018\n Lease $28,046\n 534\n-current liabilities $28,754 $534"
}
{
    "_id": "d1b3aafce",
    "title": "",
    "text": "OPTIONS\n incentive plans options executives common shares. subscription price based on trading price last five days\n December 31, 2019 7,524,891 common shares authorized issuance. Options vest after three years employment. exercisable seven years 2019 ten years 2019.\n table summarizes outstanding stock options at December 31, 2019 2018.\n average market share price $62 2019 $55 2018.\n OPTIONS AVERAGE EXERCISE PRICE\n January 1 14,072,332 10,490,249\n 3,357,303 3,888,693\n (4,459,559) (266,941)\n Forfeited (144,535) (39,669)\n December 31 12,825,541 14,072,332\n 2,786,043 4,399,588"
}
{
    "_id": "d1b3a7720",
    "title": "",
    "text": "\n March 4, 2019 $750 million March 2026 $1. 0 billion 2029 $750 million March 15 2049. interest annual 3. 75% 4. 875% 2026 2029 2049 Notes semi-annual March 15 September 15 2019.\n March 12, 2015, $500 million March 2020 $500 million 2025. interest 2. 75% 3. 80% 2020 2025 semi-annual March 15 September 15. June 26, 2016, interest rate contracts 2025 Notes fixed variable benchmark interest rate. Note Financial Instruments.\n June 7, 2016, $800 million Senior Notes 2021. pays interest annual 2. 80% 2021 Notes semi-annual June 15 December 15.\nCompany redeem 2020 2021 2025 2026 2029 2049 Notes 100% principal premium interest before February 15 2020 May 15 2021 December 15 2024 January 15 2026 December 15 2028 September 15 2048. redeem Notes after February 15 2020 May 15 2021 December 2024 January 15 2026 December 15 2028 September 15 2048 2049. repurchase Senior Notes equal 101% principal amount plus accrued unpaid interest.\n additional information Senior Notes June 30, 2019\n Remaining Amortization period Fair Value Notes\n 2020. $500,855\n 2021. $806,232\n 2025. $528,895\n 2026. $786,915\n 2029. $1,063,670\n 2049. $828,188"
}
{
    "_id": "d1a7169c0",
    "title": "",
    "text": ". TAXES\n Deferred taxes differences liabilities. deferred tax assets liabilities\n September 27, 2019 $923. 4 million loss carryforwards $479. 2 million AppliedMicro $158. 9 million Mindspeed Technologies. $26. 2 million BinOptics $259. 1 million MACOM.\n carryforwards expire 2037 losses. NOL carryforward infinite. loss limitation Sections 382 383 Internal Revenue Code 1986.\n 27, 2019\n Deferred tax assets\n Federal losses credits $263,199 $321,982\n Intangible assets 9,887\n Property equipment\n non-current deferred tax assets\n compensation\n gain\n Interest\n Valuation allowance\n deferred tax asset $43,180"
}
{
    "_id": "d1b38b872",
    "title": "",
    "text": "\n €298 million €216 income tax expenses €81 million higher previous.\n group tax rate segment 42. 0% (2017/18 37. 6%. expenses earnings taxes. increase deferred taxes Germany. low ratio previous year positive tax effects rate changes reduction risk provisions.\n notes consolidated financial statements. page 206.\n Adjustment previous year.\n million 2017/2018 2018/2019\n taxes 173 215\n Germany\n expenses current\n previous periods\n Deferred taxes 43\n Germany\n"
}
{
    "_id": "d1b395cd2",
    "title": "",
    "text": "Cash Conversion Cycle\n table components cash conversion cycle fourth quarter past three fiscal years\n Days sales outstanding DSO calculates average collection period receivables. based net revenue. average net revenue per day (91 days. year over year increases DSO fourth 2019 2018 due less shipping linearity 2019 early payment discount.\n Days inventory outstanding DIO average days procurement to sale. based. increase DIO 2019 due higher finished goods hand. decrease DIO 2018 due strong product sales.\n Days payables outstanding DPO calculates average days before payment. based cost revenues. calculated average cost revenues per day. 2019 unchanged 2018 increased 2017 improved vendor payables management extensions payment terms suppliers.\n cash conversion cycle sum DSO DIO less DPO.cash conversion cycle business payment terms shipment linearity seasonal trends timing revenue recognition inventory purchases.\n Three Months Ended\n Months Ended April 26, 2019 27, 2018 28, 2017\n sales outstanding\n inventory 26\n Days payables outstanding\n Cash conversion cycle 15\n Days add rounding"
}
{
    "_id": "d1b3a3652",
    "title": "",
    "text": "Reserved\n July 31, 2019 2018 authorized issue 500,000,000 shares $0. 0001 per share 82,140,883 80,611,698 shares issued outstanding. January additional 5% added reserve.\n future issuance\n March 2018 offering 2,628,571 shares. price $87. 50 per share. No sold stockholders.\n 2019 2018\n Exercise stock options 216,727,064\n Vesting restricted stock awards 2,384,673 2,932,155\n 24,776,361 21,592,494\n stock 27,377,761 25,061,713"
}
{
    "_id": "d1b354e62",
    "title": "",
    "text": "PROPERTY PLANT EQUIPMENT\n summarized\n leasehold improvements capitalized leases. maintenance repair. depreciable asset retired depreciation removed accounts.\n Depreciation expense $66 $73 thousand 31, 2019 2018.\n Building improvements $1,273\n Scientific equipment\n Computer hardware software\n Machinery 274\n Land improvements 162\n personal property\n Office equipment\n accumulated depreciation (1,969)\n property $"
}
{
    "_id": "d1b3538fa",
    "title": "",
    "text": ". INCOME TAXES\n 2019\n Domestic(51,396) (27,494 57,493\n Foreign (83,450 15,951 28,742\n $(134,846) $86,235"
}
{
    "_id": "d1b331b10",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n Redeemable Noncontrolling December 2019 MTN acquire noncontrolling interests Ghana Uganda $523. 0 million. first quarter 2020 regulatory approval. agreement partners Eure-et-Loir Réseaux Mobiles SAS. controlling interest 51% local partners 49% noncontrolling interest. agreement provides put options call options shares. options noncontrolling interests. redemption redeemable balance equity. value Eure-et-Loir interests December 31, 2019 $2. 7 million.\n changes Redeemable noncontrolling interests years December 2019 2018 2017\n Balance January 1 $1,004. $1,126.\n Additions redeemable noncontrolling interests.\nincome noncontrolling interests 35.\n Adjustment interest redemption. 86.\n merger.\n Purchase redeemable noncontrolling interest (425.\n currency adjustment interests. 68.\n December $1,096. $1,004. $1,126."
}
{
    "_id": "d1b37cc46",
    "title": "",
    "text": ". March 31, 2019\n. Distribution equity\n shares Percentage capital accounts\n 100 18,402,438. 528,148.\n 37,550,103.\n 501 - 1000 14,900,327. 20,749.\n 5000 27,199,737.\n 5001 - 10000 9,150,929.\n 10001 - 20000 8,811,580.\n 20001 - 30000 5,636,878.\n 30001 - 40000 5,424,479.\n 50000 4,808,196.\n 21,790,964.\n 3,598,709,075.\n 3,752,384,706. 751,605."
}
{
    "_id": "d1b3429f6",
    "title": "",
    "text": ". Cash equivalents\n denominated currencies\n balances less three months held accounts attracted interest. 3% (2018. 3%.\n 2019\n £m\n Sterling 5.\n Euro.\n bank hand 5. 9"
}
{
    "_id": "d1b33aff8",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES REAL ESTATE DEPRECIATION\n foreign currency exchange rate fluctuations deductions.\n accumulated depreciation $(5,724. 7),181.,548.\n Additions\n (768. (751. (718.\n.\n accumulated depreciation assets sold disposed 121. 129. 100.\n. 78.\n deductions 110. 207. 85.\n $(6,382. 2)(5,724.,181."
}
{
    "_id": "d1b366e96",
    "title": "",
    "text": "Income Taxes\n expense\n Fiscal years 2017 adjusted ASC 606.\n Company realized deferred tax expense$50. million. 6 million $1. 2 million. foreign jurisdictions.\n Years Ended March\n Federal $170 $223\n State local\n Foreign 9,966 8,295 4,247\n income tax expense operations 10,297 8,568 4,309\n Deferred\n (43,804)\n State local\n (5,180 1,467\n Deferred tax expense operations (49,757\n income tax expense $,460 $9,132 $4,294"
}
{
    "_id": "d1b32ec76",
    "title": "",
    "text": "March 31, 2019 2018\n tax effect pension balances $2. 4 million $2. 3 million March 2019 2018.\n Net actuarial loss $16,864 $15,691 $\n service cost 1,325\n Accumulated loss $18,189 $17,104 $(793)"
}
{
    "_id": "d1a718108",
    "title": "",
    "text": "Ended December 31, 2018 2017\n management reviews financial measures service revenue results cash flows. tables results measures. discussed.\n Ended December\n 2017\n Operating Data\n Average Revenue Per Unit)\n-net $ 480 $ 506.\n-net $ 1,155 $ 1,239.\n Average price megabit $. $.\n Customer period\n On-net 68,770 61,334.\n Off-net 10,974."
}
{
    "_id": "d1b2e4c34",
    "title": "",
    "text": "\n table results 2019 2018. Part II Item 7 Annual Report Form 10-K March 31, 2018 SEC May 21, Financial April 1 2017.\n increased $116. 8 million 2019 higher mobile products base station products offset decrease smartphone demand.\n provided products contract manufacturers 32% 36% revenue 2019 2018. Huawei 13% 8% revenue. RF Wi-Fi solutions cellular base stations mobile devices. May 2019 U. government restrictions sales Huawei Note 2 II 8.\n International shipments $2,610. million 2019 84% revenue $2,449. 1 million 2018 82%. Asia $2,446. 3 million 79% $2,329. 3 million 2018 78%.\n MARGIN\n flat price erosion offset product mix.\n spending increased $5.million 2018 higher personnel costs lower product development spend R&D.\n Selling Administrative\n expense decreased $51. 7 million. 8% lower intangible amortization personnel costs.\n Operating Expense\n $52. 2 million. recognized $15. 9 million impairment charges $11. 6 million employee termination benefits Note 11. recorded $18. million start-up costs.\n expense $103. 8 million. restructuring actions recorded $18. 3 million employee termination benefits adjusted assets. fair market value $46. 3 million. integration restructuring costs $6. 2 million $2. 6 million $24. 3 million start-up costs.\n $216. 5 million $70. 3 million 2018. lower intangible amortization higher revenue lower impairment charges equipment.\nDollars %\n $3,090,325. $2,973,536.\n goods 1,895,142.\n profit 1,195,183. 1,146,966.\n development 450,482. 445,103.\n Selling 476,074. 527,751.\n expense 52,161. 103,830.\n Operatingincome $216,466. $70,282."
}
{
    "_id": "d1a72f8c6",
    "title": "",
    "text": "Revenues Operating Expenses\n revenues increased 2019 due to growth cloud license revenues offset by decreases hardware services revenues. constant currency increase cloud license revenues attributable to growth cloud services license support revenues growth cloud on-premise license revenues. constant currency decreases hardware revenues due reduction hardware emphasis cloud-based infrastructure technologies reduced sales. decrease services revenues declines consulting education services revenues. Americas EMEA Asia Pacific regions contributed 40% 33% 27%, to growth 2019 revenues.\n operating expenses increased due to higher expenses cloud license business increased headcount infrastructure expenses. expense increase offset by expense decreases lower expenses hardware business lower restructuring expenses.\n operating margin increased due to increase revenues flat.\n Europe Middle East Africa\n Year Ended May 31,\n\n Percent Change\n 2019 2018\n Revenues\n Americas $21,856 1% 2% $21,648\n EMEA 11,270 -1%\n Asia Pacific 6,380\n revenues 39,506 39\n Operating Expenses 25,971 -1%\n Margin $13,535 $13,264\n 34%\n Revenues\n Americas 55%\n EMEA 29%\n Asia Pacific\n Revenues Business\n Cloud license $32,562 2% $31,994\n Hardware 3,704 -7%\n Services 3,240 -5%\n $39,506 $39,383\n Revenues Business\n Cloud license 83%\n Hardware\n Services\n Europe Middle East Africa"
}
{
    "_id": "d1b2f9698",
    "title": "",
    "text": ". FINANCIAL INSTRUMENTS FAIR VALUE DISCLOSURES\n majority subsidiaries’ transactions assets liabilities denominated United States dollars. no risk currency fluctuations cash flows.\n Company categorizes fair value estimates. three levels\n 1. Quoted prices.\n 2.\n Level 3. Unobservable inputs little market data assumptions.\n methods assumptions fair value financial instruments.\n carrying value cash equivalents marketable securities.\n long-term debt equal values spreads variable interest rates.\n carrying estimated value financial instruments at December 31, 2019 2018\n 2019 Senior Secured Credit Facility Vessel financing 2018 Newbuildings carry floating LIBOR interest rate margin fair value carrying value.\n figures USD Value\n Hierarchy 2019\n 2018\nRecurring\n Cash Equivalents 48,847 49,327\n Restricted Cash 12,791\n Credit Facility (313,400\n Senior Secured Credit Facility\n Investment Securities 4,197\n Vessel financing Newbuildings (119,867),140"
}
{
    "_id": "d1a73d6ec",
    "title": "",
    "text": "ordinary share capital\n entitle dividends proceeds. paid shares no par value authorised capital.\n member one vote share one vote.\n Issue price\n Balance 1 July 2017 130,215,813 125,177\n 23 February 2018 69,129 $8.\n 30 June 2018 130,284,942 125,635\n 24 August 2018 69,129 $8.\n.\n 21 December 2018 129,044 $0.\n 30 June 2019 130,511,522 126,058"
}
{
    "_id": "d1b3856e8",
    "title": "",
    "text": "Uncertain Tax Positions\n June 30, 2019 2018 2017 accrued interest expense $3. 4 billion $3. 0 billion $2. 3 billion net tax benefits. taxes 2019 2018 2017 expense $515 million $688 million $399 million.\n changes unrecognized tax benefits\n settled audit 2004 to 2006 2011. withdrew 2011 Revenue Report reopened audit. settled 2007 to 2009 2016, 2010 to 2013 2018. under audit 2004 to 2013. examination 2014 to 2017 12 months.\n June 30, 2019 unresolved issues transfer pricing financial statements. allowances income tax contingencies adequate. proposed assessment final resolution 12 months. increase tax contingencies.\n subject income tax jurisdictions outside. 1996 to 2018. resolution not financial statements.\n\n Ended June 30\n tax benefits $ 11,961,737,164\n Decreases settlements (316) (193)\n current year 2,106 1,445 1,277\n prior years 508\n (1,113,176\n lapsed statutes limitations\n Ending benefits $ 13,146 11,961"
}
{
    "_id": "d1b33cd08",
    "title": "",
    "text": "non-operating results\n consolidated results 2019\n Interest expense increased $1. 2 million $103. 1 million $101. 9 million 2018.\n $28. 9 million lower interest Hilli FLNG conversion\n $1. 5 million term loan facility 2019.\n offset reduced interest costs lower LIBOR rates\n $12. 4 million decrease interest expense\n $8. 7 million interest borrowing costs\n $6. 5 million decrease deposits Golar Partners loans equity\n $1. 0 million decrease Hilli letter credit $300 $250 million 2019 $125 million November 2019.\n Losses derivative instruments increased $7. 5 million $38. 0 million 2019 $30. 5 million 2018.\n interest rate swap agreements portfolio $737. 5 million. unrealized losses $16. 5 million.million 2018 decline long-term swap rates decreased value swap portfolio. gains interest rate swaps decreased $6. 4 million December 31, 2019 $8. 1 million. lower LIBOR rates.\n Unrealized losses Total Return Swap 2014, three month Stock Indexed DNB Bank. 2019 repurchased 1. 5 million shares. extended March 2020. net loss $30. 5 million December 31, 2019 $30. 7 million 2018. losses decline share price.\n Unrealized-to-market losses Earn-Out Units reset. decrease Golar Partners distribution $0. 4042 per unit mark-to-market loss $7. 4 million derivative asset $nil. no comparative movement 2019.\n financial decreased $4. 0 million $5. 5 million $1. 5 million 2018 consolidating VIEs.\nincome non-controlling interests increased $26. 4 million $89. 6 million 2019 $63. 2 million 2018 Hilli Disposal 2018.-controlling interest $61. 7 million $31. 3 million 2018.\n income $36. 5 million $19. 7 million Hilli LLC $0. 5 million Gimi MS Corporation 30% equity interest First FLNG Holdings 2019 $28. 3 million $31. 9 million equity interests VIEs.\n Interest income 10,479\n Interest expense,124\n Losses derivative instruments (38,044) 25%\n Other financial items (5,522) (1,481\n Income taxes (1,024)\n income non-controlling interests (89,581) (63,214) 42%"
}
{
    "_id": "d1b3a2ac2",
    "title": "",
    "text": "BCE CUSTOMER CONNECTIONS\n Q1 2019 base 167,929,231 postpaid 95,698 prepaid 65,798 (19,195 postpaid 46,603 shutdown CDMA 49,095 prepaid deactivation 43,670 postpaid 9,366 postpaid transferred retail high-speed Internet.\n Q4 2018 base 20,000 subscribers Xplornet acquisition MTS 2017.\n January 1, 2019 reporting wholesale subscribers Internet TV NAS retail. restated 2018 subscribers.\n added 657,323 retail connections 2019 6. 4% increase 2018. 401,955 postpaid wireless 113,454 prepaid 135,861 high-speed Internet TV 91,476 IPTV 85,423 satellite TV\n residential NAS losses 263,325. 7% 2018.\n retail connections grew. 3% erosion residential NAS.\n2019 BCE connections 18,983,510 9,957,962 wireless. 6% 9,159,940 postpaid 3. 7% 798,022 prepaid. 3% 3,555,601 high-speed Internet. 3% 2,772,464 TV. 2% 1,767,182 IPTV. 5% 1,005,282 satellite TV 7. 8% 2,697,483 residential NAS decline 8. 9%\n Wireless 9,957,962,482 3. 6%\n Postpaid,159,940,830,216.\n Prepaid.\n high-speed Internet 3,555,374.\n,464,766,411.\n,767,182.\n 1,005 1,090,705.\n 16,286,027 15,787,267.\n 2,697,483 2,960,808.\n 18,983,510,748,075."
}
{
    "_id": "d1b34ffca",
    "title": "",
    "text": "Operating Segments\n Company operates one operating segment. components enterprise financial information evaluated by chief maker. evaluates information performance. one segment. financial information evaluated by. information.\n Revenue by geographic country ship-to destinations\n Year Ended December 31,\n 2019 2018 2017\n United States $70,702  $56,839 $60,723\n China 159,637  98,906 148,431\n Germany 57,657 58,711 57,051\n Thailand 82,413 68,217 48,016\n Other 94,254  57,218 70,945\n Total revenue $464,663 | 339,891 |,166"
}
{
    "_id": "d1b34d5f4",
    "title": "",
    "text": "15 INCOME TAXES\n cumulative tax effect net deferred tax 21% December 31, 2019\n realization deferred tax assets income net operating losses temporary differences deductible. uncertainty future operations income deferred valuation allowance recorded. historical income projections future.\n tax years 2016 to 2019 open audit Internal Revenue. no uncertain tax positions December 31, 2018 2019 expected next 12 months. foreign subsidiaries cost reimbursed no income loss. Pretax income domestic operations. four years returns open audit audits responsibility previous owners.\n issuance common shares ownership change Internal Revenue Code Section 382 carry-forwards. net operating loss carry-forwards credits. timing. likely fundraising activities ownership change.\n Deferred tax asset\nloss $3,839,000 $2,290,000\n Stock compensation 320,000\n Intangible Assets\n Deferred tax 4,195,000 $2,952,000\n Fixed assets\n Intangibles (2,438,000\n,728,000\n tax,195,000\n deferred tax"
}
{
    "_id": "d1b34bd44",
    "title": "",
    "text": "Cash Equivalents Restricted cash equivalents shortterm investments non-interest-bearing less than 90 days. equivalents $127. 2 million $128. 7 million December 31, 2019 2018 non-interest-bearing accounts. equivalents $125. 3 million $115. 7 million international operations. funds taxes repatriated United States. country restrictions.\n Restricted cash purposes.\n reconciliation cash equivalents restricted cash Consolidated Balance Sheets Cash Flows\n 2018 2017 2016\n Cash equivalents $127,246 $128,697 $343,734 $266,675\n Restricted cash current assets\n charges assets 1,371\n $129,185 $130,231 $344,805 $267,594"
}
{
    "_id": "d1b3294d8",
    "title": "",
    "text": "Operating Revenue\n Includes subscription interconnect roaming wholesale MVNOs content services.\n equipment sales ICT services.\n digital marketing advertising video.\n energy reselling fees.\n March 2019 transaction price obligations NCS Pte. approximately S$3 billion operating revenue 5 years.\n. S$3 billion operating revenue 5 years.\n contracts consumers month to 2 years enterprises 1 to 3 years.\n Mobile service 5,395.\n Sale equipment 2,876.\n Handset lease income.\n Mobile.\n Data Internet.\n Business solutions.\n Cyber security.\n Other managed services 1,880.\n Infocomm Technology. 3,007\n Digital businesses 1,245.\n Fixed voice.\n Pay television.\n.\n Operating revenue 17,371.\n 17,371. 17,268.\n 224. 258.\n 38. 45\n 17,634. 17,572."
}
{
    "_id": "d1b2f2c94",
    "title": "",
    "text": ". increased 23%-on RMB209. 8 billion. reflected content FinTech services channel costs. increased 2019 from 55% 2018.\n VAS increased 27% RMB94,086 million. due content costs live broadcast online games channel costs smart phone games.\n FinTech Business Services increased 35% RMB73,831 million. reflected payment-related cloud services.\n Online Advertising decreased 6% RMB34,860 million. driven lower content costs fewer releases improved cost efficiency offset.\n VAS 94,086 47% 73,961 42%\n FinTech Business Services 73,831 73% 54,598 75%\n Online Advertising 34,860 51% 37,273 64%\n Others 6,979 92% 4,742 98%\n209,756 170,574"
}
{
    "_id": "d1b361482",
    "title": "",
    "text": ". Principal Accounting Fees Services\n table fees services Malone Bailey LLP. summary fees services fiscal years 2019 2018.\n Audit Fees fees services\n audits quarterly reviews financial statements registration statements documents SEC.\n Audit-Related Fees activities not related audit financial.\n Tax Fees no tax fees.\n Other Fees $0 $0.\n Audit Committee Pre-Approval Policies Procedures. oversees monitors financial reporting process control\n reports issues.\n responsible appointment compensation accountants. convenes\n quarterly external auditor.\n Audit-Related Fees Tax Fees fees\n Marcum LLP’s Malone Bailey LLP’s independence determined services 2019 2018 compatible. services\n approved Rule 2-01 Regulation S-X Exchange Act.\n Fiscal\n 2018\n Audit fees $55,000 $54,550\nAudit\n Tax Fees\n fees\n 55,000 $54,550"
}
{
    "_id": "d1b385eae",
    "title": "",
    "text": "tax effects differences deferred tax assets liabilities\n Tax Act enacted December 22, 2017. corporate income tax rate 35% to 21% limitations business deductions. 2018 $32. 5 million tax expense impact re-measurement deferred tax assets liabilities reduced Tax Rate.\n Deferred tax assets 2019 operating loss carry-forwards$27. 4 million expiring 2020 2038. valuation allowance$2. 5 million decreased$3. 6 million 2018 losses. carry-forwards deferred tax assets future strategies.\n jurisdictions States. federal statutes limitations expired 2016. California Texas expired 2015.\n Deferred tax assets\n Accrued defined benefit pension postretirement benefits $46,918 $34,776\n Deferred income 13,803\n Impairment\ninsurance 7,133\n compensation 5,415\n Tax 5,327\n Lease 3,786 4,696\n Deferred interest deduction 3,188\n reserves 2,965\n incentive compensation 2,617\n Interest rate swaps\n deferred tax 103,093 81,110\n Valuation allowance (2,485\n 100,608 77,556\n Intangible assets (10,520\n Leasing (3,822),790\n Property equipment\n liabilities (15,044\n $85,564"
}
{
    "_id": "d1b349f26",
    "title": "",
    "text": ". Liquidity Capital Resources\n Navios Holdings financed capital with cash debt securities borrowings. Main uses refinancings debt capital expenditures new vessels construction upgrades port terminals vessels international standards. may market conditions use funds refinance repurchase debt transactions laws rules regulations prices terms factors. sources funds cash long-term borrowings debt equity financings sales investments. assure financing additional funds liquidity needs.\n. Business Overview Vessel Purchase Capital-Term Debt Obligations Credit Arrangements” Navios Holdings’ working capital position.\n table cash flow information years December 31, 2019 2018 2017 adjusted ASU 2016-18 Statement Cash Flows Cash.\n Net cash increased by $40. 5 million to $96.million 2019 $55. 6 million 2018. adjusted non-cash items\n. 2019 2018 2017\n cash operating activities $96,112 $55,637 $48,117\n investing (56,467) 27,863 (42,365)\n financing (111,692) (66,916) (12,940)\n restricted cash (72,047) 16,584 (7,188)\n 150,774 134,190 141,378\n end year $78,727 150,774 $134,190"
}
{
    "_id": "d1b3bf6e0",
    "title": "",
    "text": "tax effects differences deferred tax assets\n $2. 8 billion $2. 4 billion liability $2. 9 billion. 5 billion long-term liability $118 million $131 million noncurrent deferred tax.\n Deferred tax assets\n Post-retirement pension benefit costs $1,169\n operating loss carryforwards\n employee benefits\n deferred tax assets 5\n Less valuation allowance\n deferred tax assets\n liabilities\n Property equipment depreciation differences\n Goodwill intangible assets\n liabilities\n deferred tax liability"
}
{
    "_id": "d1b355a38",
    "title": "",
    "text": "Option Exercises Stock Vested 2018\n table shares common stock acquired 2018 executive officers options vesting RSUs RSAs value realized.\n Calculated fair market value Class A common stock vesting date price shares acquired.\n stock RSUs vested 2018. Daswani Murphy. Friar Henry Reses Whiteley 20,132 44,857 59,014 91,306 17,217 shares withheld tax withholding obligations vesting.\n Calculated fair market value A common stock vesting date number shares acquired. Daswani Murphy. Henry Reses Whiteley $1,389,704 $414,596 $2,782,628 $3,619,149 $5,502,076 $1,114,287 shares withheld tax withholding obligations vesting.\n Option Awards Stock Awards\nShares Acquired Value\n. Dorsey\n. Friar 1,082,343 54,631,297 5,788,657\n. Henry 13,187,645 124,498,787\n. Reses 189,577 11,284,454\n. Whiteley 20 989,821 38 2,375,984\n. Daswani 45,310 3,106,268\n. Murphy 1,120,072"
}
{
    "_id": "d1b364a7e",
    "title": "",
    "text": "tax credit £8. 9m £13. 7m prior year. deferred tax credit £6. 1m loss tax £42. 7m credit £1. 7m prior period losses capital allowances. tax credit £1. 1m overseas tax.\n deferred tax liability 30 March 2019 £13. 5m £12. 1m 31 March 2018. higher pensions surplus tax pensions. deferred tax assets £44m 30 March 2019 £250m future taxable profits.\n corporation tax deferred tax rate 19. 0% 17. 0%.\n.\n Deferred.\n.\n deferred tax 17. 0%\n."
}
{
    "_id": "d1b3b7a9e",
    "title": "",
    "text": "income taxes federal tax\n tax rate 2019 impacted excess tax benefits employee stock transactions federal research tax credits offset valuation allowances foreign withholding tax taxes sale commercial cybersecurity business.\n 2018 impacted decrease valuation allowances conversion subsidiary capital losses deferred tax assets subsidiary benefits.\n 2017 impacted reduction federal corporate tax rate 35% to 21% deferred tax excess benefits.\n January 3 2020 December 28, 2018\n federal income tax rate\n State income taxes federal tax benefit\n Excess tax benefits stock-based compensation\n Research development credits\n Change valuation allowance deferred tax assets\n Stock subsidiary sale\n Change uncertain tax positions\n Dividends employee stock ownership plan\n Impact foreign operations\nconversion subsidiary\n federal tax rate\n transaction costs\n $196 $28 $29\n income tax rate 22. 6%. 7. 4%"
}
{
    "_id": "d1b2f54f8",
    "title": "",
    "text": "revenues 2019 $1. 9 million acquired MGI business. net loss $0. 3 million. table information MGI acquisition 1 2018.\n No adjustments synergies MGI acquisition. not indicative results future results.\n Ended December 31\n Revenues $ 224,913 $ 17,542\n Loss continuing operations $ (13,432) 7,792)\n Loss share.\n shares 32,359,316 22,099,149"
}
{
    "_id": "d1b34e72e",
    "title": "",
    "text": ". PROPERTY EQUIPMENT\n table.\n. 1 million 2019. 2 million 2018. financed. 3 million property leases equipment. Assets $1. 5 million $2. 2 million 2018.\n Land $730 $585\n Furniture fixtures 476 5-10\n Plant 9,667 8 20-40 years\n Computer software 1,317 3-5\n improvements 2,019 4-15 years\n Machinery equipment 16,864 13,528 5-15 years\n 31,073 25,132\n depreciation\n 19,077 15,010"
}
{
    "_id": "d1b2e9086",
    "title": "",
    "text": "pension expenses company pension plan\n Netted contributions.\n Interest effect adjustment asset ceiling.\n loss €90 million 2018/19. actuarial parameters €+247 million experience-based adjustments €+4 million. offset income plan assets €103 million gain €58 million asset ceiling.\n payments external pension providers €82 million 2018/19. payments statutory pension insurance.\n provisions pensions employment anniversary allowances death benefits partial retirement plans. Provisions €34 million. valued actuarial opinions. valuation parameters company pension plan.\n Current service\n Net interest\n Past service cost. curtailments changes\n Settlements\n Other pension expenses\n"
}
{
    "_id": "d1b384f36",
    "title": "",
    "text": ". Principal Accountant Fees Services\n Professional Audit\n summary fees accountants PricewaterhouseCoopers LLP years December 31, 2019 2018:\n audit financial statements services filings.\n assurance services related not.\n tax compliance advice planning.\n products services not.\n Fiscal\n Audit Fees(1) $1,925,000 $1,956,000\n Audit-Related Fees(2) 14,000\n Tax Fees(3)\n Other Fees(4) 222,000 157,000\n Total Fees $2,147,000 $2,127,000"
}
{
    "_id": "d1b2e50e4",
    "title": "",
    "text": "Description segments activities decision-makers assess performance based on revenue gross profit. selling marketing administrative expenses not included in performance resource allocation. Interest income gains finance income profit income tax expense not allocated.\n no inter-segment sales 31 December 2019 2018. revenues from external customers measured with consolidated income statement.\n. no segment assets liabilities.\n segment information for 2019 2018\n  VAS FinTech Business Services Online Advertising Others Total\n revenues 199,991 101,355  68,377 7,566 377,289\n Gross profit 105,905 27,524 33,517 587 167,533\n Depreciation 3,461 6,669 2,065 12,303\n Amortisation 14,710 9,977 3,115 27,802"
}
{
    "_id": "d1b3698ee",
    "title": "",
    "text": ". FINANCIAL INSTRUMENTS RISK MANAGEMENT\n cash receivable values short-term.\n assets\n Cash equivalents 285,907 497,874\n receivable 173,450 199,535\n liabilities\n payable 80,640 119,712"
}
{
    "_id": "d1a738764",
    "title": "",
    "text": "PROPERTY EQUIPMENT\n Depreciation expense. million. 4 million 2018 2017.\n assets capitalized software tooling.\n Leasehold improvements $3,522 $3,157\n LoJack law enforcement\n units 20,326\n Plant equipment tooling 13,078\n Office computers furniture 11,553\n Software 31,349\n 86,190\n depreciation amortization (58,641\n Fixed assets 5,836 4\n $27"
}
{
    "_id": "d1b32f284",
    "title": "",
    "text": "Equity Balance Sheet Adjustments Accounting Standards 2018\n January 1 adopted Topic 606 ASU 2018-02 Income Comprehensive Income. 606 retrospective method. ASU 2018-02 reclassification earnings Tax Cuts Jobs Act.\n cumulative-tax effect balance sheet 606 2018-02\n Adjustments\n December 31, 2017 Topic 606 ASU 2018-02 January 1 2018\n Retained earnings 35,635\n income 2,659\n Noncontrolling interests"
}
{
    "_id": "d1b35c64e",
    "title": "",
    "text": "Share-Based Compensation Expense\n consolidated statements\n Years Ended December 31,\n 2017\n Software royalties amortization intellectual property licenses $19 $13 $10\n Game Operations Distribution\n Software royalties amortization licenses\n Product development 53 61 57\n Sales marketing\n General administrative 82 115 92\n taxes 166 209 178\n Income tax benefit\n tax $137 $163 $144"
}
{
    "_id": "d1b34665a",
    "title": "",
    "text": "6 FINANCIAL DATA\n read table Discussion Analysis Financial Condition Results Consolidated Financial Statements notes Annual Report millions.\n Includes Foundry April ComputerEase August iPipeline Bellefield December 18 Imaging businesses February Gatan October 29, 2019.\n Quote Software PlanSwift March Smartbid May PowerPlan. June ConceptShare BillBlast July Avitru December 31,.\n Phase Technology Handshake Software. August Workbook Software September Onvia. November 17,.\n CliniSys Group. PCI Medical. GeneInsight. iSqFt Holdings. UNIConnect Deltek. December.\n Strata Decision Technologies SoftWriters. Data Innovations On Center Software RF IDeas. Atlantic Health Partners Aderant Holdings. Atlas Database Software. Black Diamond Advanced Technologies March Abel Pumps October 2.\n tax gain $687.Imaging businesses Gatan 2019. Tax Cuts Jobs Act 2017 signed. law December 22, 2017 2017 reporting period one-time net income tax benefit $215.\n working capital assets liabilities.\n 2019 income taxes $200. sale Gatan Accounting Standards current liabilities $56. December 31, 2019. accounts Note 16 Consolidated Financial Statements Annual Report.\n Net revenues $ 5,366. 5,191. 4,607. 3,789. 3,582.\n Gross profit 3,427. 3,279. 2,864. 2,332. 2,164.\n Income operations 1,498. 1,396. 1,210. 1,054. 1,027.\n Net 1,767. 944. 971. 658. 696.\n earnings share $ 17. 9.6. 50\n earnings share 16.\n Dividends share 1. 9000 7000 4625 2500\n Balance\n Cash equivalents 709. 364. 671. 757. 778.\n Working capital (505.\n assets 18,108. 15,249. 14,316. 10,168.\n-term debt 602. 800. 401.\n debt 4,673. 4,354. 5,808. 3,264.\n Stockholders’ equity 9,491. 7,738. 6,863. 5,788. 5,298."
}
{
    "_id": "d1b355d9e",
    "title": "",
    "text": "\n December 31, 2019 2018 no unvested common stock.\n diluted earnings assumes issuance common stock dilutive options units.\n December 31, 2019 1,718,865 shares 1,478,756 options. 31, 2018 912,315 shares 866,011 options dilutive.\n earnings diluted earnings\n 407,120 651,154 dilutive equity awards 2019 2018. 920,845,112 shares not included diluted.\n Net income $8,675 $13,489\n common shares\n Class A common stock 89,251,818 88,394,580\n diluted 89,658,938 89,045,734"
}
{
    "_id": "d1b35f81c",
    "title": "",
    "text": "cash flow\n Industrial Businesses €8,000 millions conversation rate. 89.\n 2020 Siemens adopts IFRS 16 Leases\n modified retrospective approach. shift lease payments financing flow.\n positive cash flows liquidity debt €13. 7 billion unused lines credit credit ratings-end flexibility capital requirements. net working capital sufficient requirements.\n Fiscal Year 2019\n Continuing Discontinued\n Cash flows 8,482\n Additions intangible assets property equipment (2,610)\n Free cash flow 5,872"
}
{
    "_id": "d1b3b712a",
    "title": "",
    "text": "\n revenue diversified no user 10 per cent 2018 2019. 2019 two distributors 15 one 11 per cent billings three distributors 15 14 12.\n-ended March 2019 2018\n Revenue country\n UK 83. 73.\n USA 222. 199.\n 143. 128.\n countries 261. 238.\n revenue country 710. 639."
}
{
    "_id": "d1b3301a2",
    "title": "",
    "text": "2022 Notes\n balance $0. 8 million costs. $36. 7 million market premium excess liability $23. million repurchase.\n Liability\n Principal $92,000 $115,000\n debt discount amortization (12\n carrying $79,224 $94,097\n Equity (14,555 22,094"
}
{
    "_id": "d1b3c4d8e",
    "title": "",
    "text": "expenses payroll overhead audit contract labour consulting public company costs.\n increased $2. 7 million 2019. due payroll benefits $4. 1 million miscellaneous expenses $2. 2 million. offset reduction facility expenses $4. 5 million. activities. expenses revenue 7%.\n labour resources increased 119 1,501 2018 to 1,620 2019.\n Payroll benefits $4,089 $22,908\n Contract labour consulting (618)\n Share-based compensation\n Travel communication\n Facilities (4,537)\n Other miscellaneous\n Total change expenses $2,682 $34,874"
}
{
    "_id": "d1b340732",
    "title": "",
    "text": "Return invested capital\n tax return capital. calculated adjusted operating profit divided average invested capital.\n equity 826. 766.\n Net debt 334. 235.\n invested capital 1,160. 1,002.\n 1,081. 992.\n 1,061. 992.\n Operating profit 245. 299.\n 37. (34\n 282. 264.\n Taxation (80. (73.\n profit 202. 191.\n 201. 191.\n Return 18. 7% 19. 3%\n."
}
{
    "_id": "d1b3bf28a",
    "title": "",
    "text": "income\n changed $9. million March 31, 2018 2017 $10. 4 million foreign exchange expense re-measurement balances. increase interest due investments.\n Period-to-period change\n % Change 2018 2017\n Interest income $1,310 $510 $800 157%\n Interest expense (598) (268) (330) 123%\n Foreign exchange (3,439) 6,892 (10\n $(2,727) $7,134 $(9,861)"
}
{
    "_id": "d1b3b3c00",
    "title": "",
    "text": "2019 2018 2017 adopted revised mortality tables scales Society Actuaries decreased benefit obligation $4 million $38 million $113 million. change net actuarial loss loss life 16 years December 31, 2019.\n tables summarize benefit obligations Combined Pension Plan post-retirement plans\n Ended December\n Change benefit obligation\n $11,594 13,064\n Service cost\n Interest cost\n Plan amendments\n Special termination benefits charge\n Actuarial (gain) loss 1,249\n Benefits assets\n end year $12,217"
}
{
    "_id": "d1b350f2e",
    "title": "",
    "text": "international currency facilities $26. million September 2019 $20. 8 million unused. facilities Europe Japan 2018. utilized $5. 2 million Europe.\n assets liabilities. 6:1. 3:1 2018. lower income taxes accounts receivable inventories. cash equivalents short investments working capital\n Cash equivalents $305,833 $310,495\n Short-term investments\n Working capital,507 865,664"
}
{
    "_id": "d1b336fb6",
    "title": "",
    "text": "Restricted Share Awards\n December 31, 2017 granted RSAs. awards service three years vest 33% anniversary grant. shares issued without cost employee. RSAs granted vest year next meeting. Company estimates value market price grant. grants dividends common voting rights. recognizes compensation expense.\n nonvested RSAs\n December 31, 2019 106,610 RSAs vested. withheld 32,371 minimum payroll withholding taxes.\n Nonvested December 31, 2018 213,337 $20.\n.\n.\n Nonvested December 31, 2019 92,842 $20."
}
{
    "_id": "d1b329dc0",
    "title": "",
    "text": "\n revenues increased $749,000 2019. expenses increased $1. 3 million marketing costs.\n Foreign currency movements. income $207,000 $181,000 2019.\n Ended December\n Revenues $36,898 $36,149\n Income operations $4,461 $4,973\n"
}
{
    "_id": "d1b2e67a0",
    "title": "",
    "text": "NOTE 21 QUARTERLY INFORMATION\n Reflects $157 million charge TCJA second $2. billion tax intangible property transfers fourth quarter increased net income $2. 4 billion 2019. Note 12 Income Taxes.\n Reflects net charge TCJA property transfers EPS. second. fourth. 2019.\n TCJA $13. billion second quarter $(104) million fourth quarter $13. 7 billion 2018.\n EPS $1. 78 second quarter. fourth $1. 75 2018.\n Quarter Ended September 30 December 31 March 31 June 30\n Fiscal Year 2019\n Revenue $ 29,084 32,471 30\n Gross margin 19,179\n Operating income\n Net income 8\nearnings.\n Diluted earnings. 14.\n 2018\n Revenue $ 24,538 28,918 26,819 30,085 110,360\n Gross margin 16,260 17,854 20,343 72,007\n Operating income 7,708 8,679 10 35,058\n Net income 6,576 (6 8,873 16,571\n earnings. 85. 96.\n earnings. 84. 95."
}
{
    "_id": "d1b3280ce",
    "title": "",
    "text": ".\n sales product\n 2019 2018\n vacuum-sealed $1,310. $1,139. $1,339.\n chill-packed 1,137. 1,158. 1,044.\n-packed 511. 503. 547\n Prepared 240. 207 170\n Frozen 213. 211. 223.\n.\n sales $3,440. $3,236. $3,342."
}
{
    "_id": "d1b35c2de",
    "title": "",
    "text": "\n June 30, 2019\n $445. million short-term. marketable equity securities $58. 9 million non-marketable equity $3. million certificates deposit time deposits $3. 7 million long-term non assets.\n Amortized Unrealized Gains Losses Fair Value\n.\n Investments\n Marketable debt securities\n. treasury securities $101,563\n securities 26,936\n Certificates deposit deposits 24,126\n 94\n Corporate debt securities 201,552\n Total debt investments 448,212\n Marketable equity securities 20,270 38,662 58,932\n Non-marketable equity securities\n equity investments\n $471,482 $39 $510"
}
{
    "_id": "d1b375ee6",
    "title": "",
    "text": ". INCOME TAXES\n December 22, 2017 Tax Cuts Jobs Act. revised. corporate income tax. rate 21% 35% full expensing property after September 27, 2017 territorial tax system. one-time tax unrepatriated earnings foreign subsidiaries 2018 Repatriation eight years. tax base erosion Global Intangible Low-Taxed Income Base- Erosion Anti-Abuse Tax effective fiscal 2019. foreign subsidiaries. taxable income.\n SEC issued Staff Accounting Bulletin. 118 provisional estimates one year measurement period.\n 2018 net tax expense $77. 3 million Act. Transitional Repatriation Tax expense $116. million deferred tax benefit $39. 1 million. 2019 three quarters net income tax benefit adjustment $17. million $1. million reduction Transitional Repatriation Tax $15. million increase.tax assets.\n GILTI provisions 2019 $30. 4 million tax expense $70. 8 million foreign earnings $40. 4 million credits. GILTI inclusions. current-period expense.\n Income taxes\n States $(297,975) $(151,083) $2,439\n Foreign 389,767 168,228 24\n $91,792 $17,145 $27,305"
}
{
    "_id": "d1b39c5b4",
    "title": "",
    "text": "\n table\n December 27, 2019 floating fixed-rate debt instruments varying maturities principal $392. 1 million. Note 9.\n November 22, 2019 issued $150. 0 million. 875% Convertible Senior Notes. $43. 2 million borrowings remainder working capital purposes future acquisitions.\n July 25, 2018 $36. 8 million convertible notes Monte converted $0. 3 million 1,246,272 shares common stock.\n June 29, 2018 increased borrowing capacity $75. 0 million to $150. 0 million. reduced fixed-rate interest senior secured term loan 475 350 points repricings December 14, 2017 November 16, 2018.\n interest rate LIBOR LIBOR. phase out 2021. discontinuation impact interest expense. negotiate alternatives LIBOR before.\n\n December 27, 2019\n loan $238,129,745\n Convertible debt $154,000 $36,750\n Borrowings loan $44,185\n leases obligations $3,905"
}
{
    "_id": "d1b2feed6",
    "title": "",
    "text": ". SELECTED FINANCIAL DATA\n with Discussion Analysis Financial Condition Results Operations audited consolidated financial statements notes.\n Year-over-year comparisons affected acquisitions construction towers. transaction Verizon Communications. Viom Networks March 2015 April 2016, impact results. 2019 acquisitions note 7.\n December 31, 2019 2018 2017 2016 2015, include $76. 8 million $96. 2 million $152. million $149. 3 million $142. 2 million restricted funds cash provisions.\n assets December 31, 2019 Right-of-use asset new lease accounting standard 1\n 2015\n Cash equivalents $1,578. $1,304. $954. $936.\n Property equipment 12,084. 11,247.,101. 10,517.9,866.\n 42,801. 33,010. 33,214. 30,879. 26,904.\n obligations 24,055. 21,159. 20,205. 18,533. 17,119.\n 1,096.\n 5,055.,336. 6,241.,651"
}
{
    "_id": "d1b3ad242",
    "title": "",
    "text": "recorded liability unrecognized tax positions. changes\n 2019 liability $0. 6 million uncertain tax positions income tax rate.\n settlements uncertain reduction tax benefits expiration statutes limitations. audited. changes.\n interest unrecognized tax benefits expense. Penalties expenses. recognized interest penalty expense less than $0. 1 million March 2019 2018 2017. $0. 5 million $0. 8 million interest penalties accrued.\n. consolidated federal state tax returns statutes limitations three five years. resolved examinations March 2010,. tax years open 2006.\n limitations 2012 jurisdictions. returns international jurisdictions statutes limitations three seven years. 2008 open examination foreign taxing authorities.\n Balance April 1 $687 $988 $1,617\n Reductions\npositions (604)\n lapse statute\n Balance March 31 $580 $687 $988"
}
{
    "_id": "d1a72d3f0",
    "title": "",
    "text": ". Share payments\n options outstanding 31 March\n market value share DABP options 438. DABP awards 31 vesting period. contractual life 8. estimate awards balance 2019 targets.\n 1 April 303,880,263\n Options granted 71,552 127,691\n Dividend shares awarded 3,343\n forfeited (73,380\n exercised (229,378\n 31 March 149,397 303,880\n Exercisable 74,686"
}
{
    "_id": "d1b398748",
    "title": "",
    "text": ". FINANCIAL DATA\n 2019 recorded $7. million special tax expense. Tax Reform earnings subsidiaries reinvested $10. 5 million benefit.\n recorded $1. 7 million. restructuring costs operating income.\n 2018 $85. 9 million non-recurring income tax expense. Tax Reform $13. 5 million employee bonus.\n 2016, $7. million restructuring costs $5. 2 million selling administrative expenses operating income. $7. million manufacturing Fremont Livingston Scotland. $5. 2 million share-based compensation expense retirement agreement Chief Executive Officer. 2015 $1. 7 million restructuring costs consolidation manufacturing relocation Juarez Guadalajara.\n defines return capital tax-effected operating income invested capital. equity debt cash. Exhibit 99.annual report Form 10-K.\n 2015 53 weeks. 52 weeks.\n Years\n Income Statement\n Net sales $3,164,434 $2,873,508,528,052,004 $2,654,290\n Gross profit 291,838 257,600 255,855 227,359 239,550\n margin.\n Operating income 142,055 118,283 129,908 99,439 115\n margin.\n Net income 108,616 13,040 112,062 76,427 94,332\n Earnings share.\n Cash Flow\n flows $115,300 $66,831 $171,734 $127,738 $76\n Capital equipment additions 90,600 62,780 38,538 35,076\n assets $2,000,883 $1,932,642 $1,976,182,691,760\ndebt 287,980 188,617 313,107 262,509\n equity 865,576 921,143 1,025,939 916,797 842,272\n Return invested capital.\n turnover."
}
{
    "_id": "d1b380a62",
    "title": "",
    "text": "CONTRACTUAL OBLIGATIONS\n December 28, 2019\n Operating lease obligations undiscounted lease payments non-cancelable exclude non-lease components.\n Capital purchase obligations construction purchase property equipment. not recorded Consolidated Balance Sheets received goods title.\n purchase obligations payments licenses agreements.\n Tax obligations future cash payments Tax Reform transition tax foreign earnings.\n Amounts principal payments interest payments fixed-rate. Interest floating-rate debt obligations swaps excluded. obligations classified maturity date.\n Amounts future cash payments long-term liabilities. Derivative instruments excluded represent amounts.\n excludes obligations short-term long-term debt.\n expected timing payments estimated information. receipt changes.\nContractual obligations include enforceable binding terms quantities price provisions timing. obligations cancellation provisions amounts limited to non-cancelable minimum cancellation fee.\n purchase raw materials agreements minimum prices quantities market future purchasing requirements. uncertainty future market non-binding obligations excluded from. purchase orders based current manufacturing needs fulfilled short. orders represent authorizations to purchase agreements.\n Contractual obligations contingent milestones excluded. half milestone-based contracts capital equipment. until milestone met. 2019 future milestones additional payments approximately $498 million.\n majority RSUs granted shares common stock issued net of minimum statutory withholding requirements taxing. obligation pay excluded contingent upon employment. amount obligation unknown based on market price common stock.\n Payments Due by\n\n Millions\n Operating lease obligations $595 $178 $128\n Capital 10,918\n 2,757 1,636\n Tax obligations 4,442\n Long-term debt obligations 41,328 4,706 8,510 3,508 24,604\n-term liabilities 1,692 898\n $61,732 $16,728 $12,670 $5,690 $26,644"
}
{
    "_id": "d1b313944",
    "title": "",
    "text": "Capital\n December 2019 $36. 1 million cash investments decrease $7. 2 million $43. 3 million 2018.\n authorized repurchase $10. million. No shares repurchased remaining $8. million future repurchases.\n 2013, $5 million early-stage cyber technology. sold interest 2019. no further commitment.\n Cash equivalents $18,304 $32,011\n Short term investments\n $43"
}
{
    "_id": "d1b2ebe26",
    "title": "",
    "text": "carrying amounts fair values instruments December 31, 2019 2018\n carrying value bifurcated debt fair value prices convertible note equity.\n values accounts receivable payable approximate carrying short term.\n 2019 2018\n Carrying\n Cash equivalents $773,924 $926,752\n Marketable securities 241,793 277,827\n Derivative assets\n Contingent consideration 39,705\n Derivative liabilities\n Convertible debt 394,687 1,010"
}
{
    "_id": "d1b3c794e",
    "title": "",
    "text": ". Financial risk factors\n Market\n Interest rate risk\n 31 December 2019 Group entered interest rate swap contracts exposure borrowings floating rates. exchange difference fixed floating-rate interest. borrowings to rates qualified for hedge accounting. swap contracts disclosed Note 38.\n effects financial position performance\n Swaps cover majority floating-rate borrowing notes payable.\n changes interest rates results exposure cash flow interest-rate risk insignificant. no analysis for interest rate risk.\n Interest rate swaps\n Carrying amount\n Notional amount 29,423\n Maturity date 30/7/2021 28/6/2019\n 11/4/2024 8/12/2023\n Hedge ratio 1:1\n value hedging instruments since 1 January\n item\n average hedged rate.. 60%"
}
{
    "_id": "d1b3a863e",
    "title": "",
    "text": "Restricted Stock Units\n Historically granted shares employees three installments anniversary. 2019 altered performance. Each RSU represents right share common stock vesting. 2019 granted 280,000 RSUs employees. 217,000 time-based vesting vest three installments. remaining 63,000 RSUs performance-based awards vest long-term performance goals 2021 revenue operating income. 63,000 shares issuable vesting maximum payout 150% target performance 2021 revenue income 42,000 shares. vesting subject to employee continuous service. 2018 granted 280,000 shares stock employees. three installments anniversary dates. 2019 2018 194,333 182,500 shares stock vested.\n2018 Meetings granted RSUs Board Directors stock units Deferred Compensation Plan. 2019 granted 11,600 16,286 RSUs. one-year anniversary. 16,286 129,865 RSUs vested.\n restricted stock awards RSU activity\n recognized $1. 5 million $0. 6 million stock-based compensation expense December 2019 2018 $4. 0 million unamortized restricted stock RSUs stock options.\n Unamortized stock RSUs expense December 31, 2019 $1. 2 million.\n Unvested Shares Average Grant Date Value\n Balance January 1, 2017 489,698 $1. 51 738,345\n Granted 296,287. $909,600\n Vested (312,365) $1. 45 $(454,339\n Forfeitures.,150\n December 2018 458. $1,172,456\n 291,600.,094,430\n,619).,769)\n.,115\n December 2019 502,102. $1,665,002"
}
{
    "_id": "d1b37f8a6",
    "title": "",
    "text": ". EXPENSES\n expenses 2018 2019 projects.\n operations Belgium United States grants credits.\n December\n expenses 125,280 150,745\n (49,688) (60,202\n 12,039 15,597\n grants credits (321)\n expenses 87,310 106,091\n assets 1,278 4,755\n 88,588 110,846"
}
{
    "_id": "d1b38c628",
    "title": "",
    "text": ". Net Loss Per Share\n Company Convertible Notes cash calculates diluted earnings treasury-stock method. Stock-based awards conversion excluded.\n 2019 2018 2017 Common Stock 3. million 4. million. 6 million.\n loss awards anti-dilutive.\n Net loss Teekay loss per share (310,577) (79,237) (163,276)\n Reduction earnings dilutive impact stock-based compensation Teekay LNG Altera Tankers purchase warrants\n diluted loss share (310,577 (79,237) (163\n average common shares 100,719,224 99,670,176 86,335,473\n Dilutive effect stock-based compensation\n 100,719,224 99,670,176 86,335,473\n Loss share diluted."
}
{
    "_id": "d1b2fa340",
    "title": "",
    "text": ".\n 2019 influenced currency translation € 4. billion. dollar.\n increase higher loans SFS new business reclassification-current. derivative instruments.\n Inventories industrial businesses SGRE Mobility Siemens Healthineers.\n Assets disposal reclassification.\n acquisition Mendix.\n Deferred tax assets income tax remeasurement defined benefits.\n higher defined benefit assets actuarial gains.\n Cash equivalents 12,391 %\n receivables 18,894 2 %\n assets 10,669 13 %\n Contract assets 10,309 16 %\n Inventories 14,806 7 %\n income tax assets 1,103 9 %\n 1,960 1,707 15 %\n disposal 238 %\n 70,370 9 %\n Goodwill 30,160 28,344 6 %\nintangible 9,800 10,131\n 12,183 7\n 2,244 2,579\n 19,843 17,774 12 %\n Deferred tax 3,174 36\n 37\n non 79,878,359 7 %\n 150,248 8"
}
{
    "_id": "d1b347e60",
    "title": "",
    "text": "2011, replaced ownership share grants time-vested RSUs Vice Presidents Officers five years 50% 100% holding shares termination.,268 RSUs outstanding September 29, 2019. non-management directors employees vest12 months 69,411 units. three years 35,864 units. amortized compensation expense vesting period common stock dividend.\n summary RSU activity 2019\n $7. 4 million unrecognized compensation cost 2. years. value$86. 08 $94. 93 $102. 42 2019 2018 2017.$4. 7 million $4. 4 million $4. million.\n September 30, 2018 288,098 $64.\n 93,686 $86.\n (55,642) $84.\n Forfeited (14,297 $94.\n September 29, 2019 311,845 $66."
}
{
    "_id": "d1b391812",
    "title": "",
    "text": "IBM Working Capital\n decreased $10,200 million\n 2018.\n assets decreased $10,726 million,477 decline receivables $6,769 million $8,197 million OEM IT $989 million divestitures $3,213 million$3,052 cash securities retirement debt.\n liabilities decreased $526 million$449 million\n accounts payable $1,662 million OEM short debt $1,410 million $12,649 million commercial paper $2,691 million reclassifications $7,592 million $6,334 million lease liabilities $1,380 million new leasing standard increase deferred income $861 million$890.\n assets $38,420 $49,146\n liabilities 37,701\n capital $10,918\n ratio."
}
{
    "_id": "d1a73652c",
    "title": "",
    "text": ". SECURITIES\n December 31, 2019 Company marketable securities.\n 31, 2018\n Unrealized Gains Losses\n Municipal bonds $44,802\n Corporate bonds 48,499\n $93,301"
}
{
    "_id": "d1b3507e0",
    "title": "",
    "text": "Share-based payments\n Performance rights\n established incentives Senior Executives returns financial operational performance. participants performance rights terms conditions Board. granted FY17 FY18 FY19. vesting conditions TSR exceeding ASX 200 Accumulation Index. Vesting tested annual results 2019 2020 2021.\n rights granted consideration. Board value shares cash. Rights no dividend voting rights.\n fair value determined Black-Scholes Option Pricing Model volume weighted-average price) less dividends expected adjusted vesting conditions.\n Average Fair Value\n Opening balance 2,948,960  $1. 87 3,460,195 $1.\n Granted 828,285. 762,577 $3. 32\n Vested (1,307,885) $1. 19 (1,273,812) $1.\n Forfeited.\n2,469,360. 2,948,960."
}
{
    "_id": "d1b30388c",
    "title": "",
    "text": "financial assets liabilities derivatives holdings in unlisted investments loans.\n investments in equity securities financial assets fair value. measured net transaction costs change income. disposal cumulative gain loss transferred to retained earnings.\n Associates Group influence not financial policies. Investments recognised at cost transaction costs accounted equity method share profit loss income carrying until influence ceases. Dividends reduce carrying investment associates.\n Derivatives 45 53\n assets\n 501 366\n Listed equity securities 91\n Investments in associates 59\n Loans 41\n non‐current financial assets 692 522\n 575\n 58\n financial liabilities\n"
}
{
    "_id": "d1a72b474",
    "title": "",
    "text": ". Government grants\n trade payables\n research global navigation satellite systems high technology projects.\n 2019 2018 $ million\n 1 January 2. 3 6\n Received.\n income statement.\n 31 December 2."
}
{
    "_id": "d1b3b6c7a",
    "title": "",
    "text": "Order intake increased higher volume large orders. growth Asia Australia orders wind-farms € 2. 3 billion. higher orders Americas large orders onshore. orders lower Europe. Africa Middle East offshore wind-farm.\n € 1. 3 billion.\n Revenue offshore service onshore. revenue rose Europe. Africa Middle East declined other regions.\n Adjusted prior-year level price declines project mix higher expenses. charges € 32 million 2019\n € 77 million 2018. order backlog € 26 billion € 9 billion converted revenue 2020.\n markets higher demand onshore offshore. volume adverse price development. growth onshore driven China\n U. S. Germany declined.\n offshore growth driven U. K. China. global onshore wind installations grow 2020 U. S. India.offshore wind power markets grow 2020. driver China offsets decline European markets. volume adverse price development currency translation effects.\n Fiscal year\n millions.\n Orders 12,749 11,875 7 %\n Revenue 10,227 9,122 12\n Adjusted 482\n margin. 7 %."
}
{
    "_id": "d1b3bf8a2",
    "title": "",
    "text": "\n increased $7. 5 million $55. 6 million $48. 1 million 2017. adjusted non-cash items\n. 2018 2017\n loss $(265,511) $(164,787)\n Adjustments\n Depreciation amortization 102,839\n deferred financing costs\n drydock costs 13,828\n Provision losses accounts receivable\n Share compensation\n Gain bond debt extinguishment (6,464)\n Bargain gain control (58,313)\n Income tax benefit\n Impairment losses 200,657\n Gain sale assets\n Loss affiliates dividends 84,317\n income non-cash items $82,362 $15,742"
}
{
    "_id": "d1b375a7c",
    "title": "",
    "text": "Non-Current Assets\n $60. $59.\n Contract 37. 17\n Right-of-use 26.\n Deferred compensation plan 15. 11\n Unbilled receivables.\n Prepaid expenses. 18.\n Unrealized gains interest rate swaps.\n.\n $158. $121."
}
{
    "_id": "d1b322912",
    "title": "",
    "text": "reconciles operating segment revenues margin before taxes\n Cloud license revenues not recognized consolidated statements. See Note 9 adjustments reconciliation revenues consolidated statements.\n Year Ended May 31,\n millions 2019 2018 2017\n Total revenues $39,526 $39,430 $37,963\n Cloud license revenues\n $39,506 $39,383 $37,792\n margin $23,981 $23,857 $23,208\n Cloud license revenues\n research development (6,026)\n General administrative (1,265)\n Amortization intangible assets (1,689)\n Acquisition\n restructuring\n Stock-based compensation segments\n Expense allocations\n Interest expense (2,082)\n Non-operating income\n Income before taxes $12,268 $12,424 $11,680"
}
{
    "_id": "d1b39eb34",
    "title": "",
    "text": ". SHARE-BASED PAYMENTS\n. Employee Share Plan\n employees shares future remuneration. Shares issued transferred valued volume-weighted average price Australian Securities Exchange five days. Shares sold transferred three-year period employment.\n shares\n shares issued 22 May 2019 $3. 72 (7 May 2018: $4. 24).\n.\n beginning year 114,758 137,227\n distributed 45,560 42\n transferred (44,526) (64,949)\n year end 115,792 114,758"
}
{
    "_id": "d1b31567c",
    "title": "",
    "text": "deferred tax assets liabilities\n valuation allowance March 2019 increased unrealized capital losses equity investments acquired tax loss credits carryforwards California research development credits. valuation allowance.\n U. S. federal net operating losses $147 million expire 2020 2037. federal research development credits $11 million. expire 2020 2036. $89 million net operating loss carryforwards $11 million. tax credits. remaining. credits annual limitation. realized. $3 million foreign tax credits expire 2028. U. state net operating loss credit carryforwards companies $68 million $51 million. expire 2020 2037. carryforwards carried forward indefinitely. foreign net operating loss carryforwards $118 million $24 million Japan expire 2028 carried forward indefinitely.\nMarch 29, 2019 30 2018\n Deferred tax assets\n credit carryforwards $54\n loss acquired companies\n accruals deductible\n Deferred revenue\n Intangible assets\n Loss\n Stock compensation\n deferred tax assets\n allowance\n $649 $371\n liabilities\n Property equipment\n Goodwill\n Intangible assets\n Unremitted earnings foreign subsidiaries\n Prepaids deferred expenses\n Discount convertible debt\n liabilities\n $253"
}
{
    "_id": "d1b306d8e",
    "title": "",
    "text": "Non-GAAP Financial Measures\n Statements Operations non-GAAP Adjusted gross margin operating income net income EBITDA. GAAP. not net income cash liquidity.\n reconciliation. GAAP Gross non-GAAP Adjusted margin\n Fiscal years 2018 2017 adjusted ASC 606.\n $0. 9 million costs 2018 relocation tantalum powder equipment Carson City Nevada Matamoros Mexico reclassified start-up 2019.\n Years\n Net sales $1,382,818 $1,200,181 $757,338\n Cost sales 924\n Gross Margin (GAAP 458,542,437\n net sales. 2%. 3%. 5%\n Non-GAAP adjustments\n Plant start-up costs\n Stock-based compensation expense 2,756\nmargin-GAAP $460,371 $341,885,205\n sales. 3%. 7%"
}
{
    "_id": "d1b307068",
    "title": "",
    "text": "tables summarize operating income depreciation amortization restructuring charges gain down disposal assets capital expenditures 2019 total assets depreciation amortization restructuring disposal capital expenditures\n March 31, 2018 adjusted ASC 606.\n Total assets\n Solid Capacitors $794,402 $704,851\n Film Electrolytic 219,711 240,968\n MSA 234,419 254,193\n Corporate 69,563\n $1,318,095 $1,222,923"
}
{
    "_id": "d1b3115b8",
    "title": "",
    "text": "Key Performance Indicators\n revenue growth monitor performance indicators growth budgets sales marketing assess operational efficiencies. indicators\n Adjusted EBITDA revenue constant currency growth rate non-GAAP measures. Item 6. Financial Data. Reflects customer count last day period nearest hundred customers.\n Revenue constant currency growth rate. key indicator operating results. translating revenue foreign currencies into. dollars comparable exchange rates prior periods.\n. Item 6. Financial Data. total revenue grew constant currency growth rate decreased growth.\n revenue grows constant currency growth rate growth.\n Revenue retention rate. indicator stability revenue base value customer relationships. driven by customer renewals upsells. calculate annualizing constant currency revenue last day measurement period customers.\n include revenue additional employees services purchased existing customers.divide result revenue constant currency first day measurement period customers. trailing twelve months.\n revenue based average exchange rates. revenue retention rate 2019 consistent 2018. expect 2020.\n Total customers. key indicator financial success future revenue potential. customer active subscription contract. parent company subsidiary. expect grow customer base new customers.\n Gross profit percentage. calculated divided revenue. consistent three years fluctuated addition hardware employees. amortization intangible assets acquired businesses.\n provide services. Costs incurred revenue recognized. gross profit consistent constant currency.\n Adjusted EBITDA. key indicator operating results. net (loss) income depreciation amortization disposals impairment-lived assets acquisition-related gains share-based compensation restructuring interest income taxes foreign exchange income.\n includes rent build-to-suit facilities.limitations non-GAAP measure reconciliation Adjusted EBITDA. GAAP Item 6. Financial Data.\n Adjusted EBITDA operating expenses increase expanding sales marketing research development.\n Ended March 31,\n Revenue growth rate 32%\n Revenue retention rate 111%\n customers 34,400\n Gross profit percentage 73%\n Adjusted EBITDA $54,008 $25,752 $12,457"
}
{
    "_id": "d1b33709c",
    "title": "",
    "text": "NETWORKS.\n LOSS\n Ended December 31,\n Net loss $(17,819) $(27,617),751)\n loss tax\n Unrealized gain securities\n loss $(17,424) $(27,638),829)"
}
{
    "_id": "d1b39b09c",
    "title": "",
    "text": "Liquidity Capital Resources\n sources liquidity cash equivalents investments accounts receivable. table shows net cash operating investing financing March 31, 2019 2018\n November 2015, raised proceeds $68. 3 million initial public offering discounts commissions expenses. 2019 2018 operating losses $1. 2 million $7. 0 million $10. 4 million. loss 2020 positive cash flows.\n expansion Mime  OSTM platform. 2019 $28. 8 million $25. 8 million expansion architecture.\n 2020 capital expenditures increase-time costs. data center expansion.\n March 31, 2019 2018 cash equivalents investments $173. 5 million $137. 2 million. cash equivalents investments flows sufficient operations twelve months. future capital requirements vary growth operating results.\n additional capital sell equity raise funds debt financing. invest businesses.\n additional financing. no commitments capital expenditures March 2019 2018.\n ended March 31,\n operating $66,235 $46,412 $32,514\n investing (121,324) (35,019)\n financing 116,985 13,156"
}
{
    "_id": "d1a714a58",
    "title": "",
    "text": "Property Equipment\n December 31, 2019 finance lease computer. valued $13. million maintenance. 3 million interest Consolidated Balance Sheets. Note 12 Long-Term Debt.\n $11. $11\n Buildings improvements 81. 71\n Leasehold improvements.\n 234. 208.\n Furniture fixtures 11.\n 345. 309.\n Accumulated depreciation amortization.\n $176. $177."
}
{
    "_id": "d1b3bb298",
    "title": "",
    "text": "Tax Carryforwards\n expiration income tax loss tax credit future taxes August 31, 2019\n unrecognized tax benefits.\n deferral foreign investment tax credits\n Year\n Income tax loss\n $57,299\n $565,609\n Tax credit carryforwards\n $39,784\n $3,313\n $15,345"
}
{
    "_id": "d1b30513c",
    "title": "",
    "text": "Unrecognized Tax Benefits\n July 31, 2019 unrecognized tax benefits increased $1. 3 million U. S. Federal California R&D credits. July benefits $6. 2 million tax rate. estimate change.\n Company files income taxes U. S. Federal state foreign jurisdictions. losses tax credits. examine returns. tax returns. California open 2002 2019. July no income tax audits. foreign jurisdictions.\n years July\n Unrecognized tax benefit $10,321 $9,346 $7,687\n Gross increases\n decreases\n increases 1,302 1,124 1,638\n Unrecognized tax benefit end period $11,633 $10,321 $9,346"
}
{
    "_id": "d1b32d57e",
    "title": "",
    "text": "Purchases Equity Securities\n table stock withheld employees fourth quarter 2019 tax\n Shares Withheld Average Price Paid Share\n October 16,585.\n November 185,887.\n December 12,368.\n 214,840"
}
{
    "_id": "d1b3bf97e",
    "title": "",
    "text": "DSU\n Corporation offers Deferred Share Unit Plan for Board attraction retention. percentage annual retainer DSUs balance paid cash. DSUs based average closing price shares TSX twenty days issue. Dividend equivalents awarded credited additional DSUs. redeemable payable cash or shares ceasing death.\n DSUs issued outstanding August 31\n compensation expense $1,792,000 $181,000 2018) year ended August 31, 2019.\n Years ended August 31, 2019 2018\n 42,607 40,446\n Issued 11,328 6,662\n Redeemed (12,351) (5,549)\n Dividend equivalents 1,095\n end 42,679,607"
}
{
    "_id": "d1b39f78c",
    "title": "",
    "text": "Overheads declined $76 million $60 million payment Caltex $50 million reversal property $37 million. $150 million Endeavour Group.\n increase inventory $4,280 million higher closing inventory BIG W. Closing days declined.\n investment $939 million. New Zealand Food payment declined 19%.\n creditors provisions $4,308 million decreased $40 million.\n assets investments loans $9,710 million increased $528 million. Additions $2,040 million store refurbishments supply chain IT infrastructure $203 million property development. offset depreciation amortisation disposals impairment $166 million BIG W review.\n assets $225 million decreased $575 million Petrol business EG Group.\n Intangible assets $6,526 million increased $61 million goodwill brand names impairment Summergate $21 million.\ntax balances $227 million increased $66 million deferred tax assets BIG W network review.\n debt $1,599 million increased $377 million due New Zealand creditor payments higher capital expenditure Petrol business dividends.\n Return Funds Employed operations 24. 2% 11 bps up. 14. 1%.\n Cash flow $3,858 million increase 0. 5%. EBITDA offset New Zealand payment run provisions accruals. extra offset nine months EBITDA Petrol business.\n cash realisation ratio 74. 1%. 98. 4%.\n Net interest $166 million declined 9. 8% early repayment US Private Placement Notes borrowing costs.\n Profit Loss\n 53 weeks 30 June 2019\n Gross profit 29.\n Cost business (%).\nEBIT 4. 7\n EARNINGS PER SHARE DIVIDENDS\n average shares (million 1,305. 7 1,300. 5. 4%\n EPS before 142. 132. 7%. 8%\n after 206. 132. 55. 5% 53. 7%\n 134. 123. 8%. 8%\n 114. 3 123. 4.\n 133. 123. 4% 6. 4%\n 113. 123.\n dividend per share 45 4. 7%\n Final dividend share 14. 0%\n dividend share.\n dividend per share 102 103."
}
{
    "_id": "d1b39c6ea",
    "title": "",
    "text": "19—RESTRUCTURING\n 2019 initiated projects supply chain strategy methods processes suppliers costs increasing efficiencies worldwide procurement. majority costs related consultants recognized corporate entity. total costs expected exceed $0. 9 million completed fiscal 2020. 2019 CTS CGD segments incurred restructuring charges employee severance costs headcount reductions cost. total costs not greater incurred.\n fiscal 2018 restructuring North American shared services center. 2017 restructuring centralization efficiency manufacturing restructuring CGD elimination management simulator business.\n Restructuring charges\n September 30\n Restructuring costs\n Transportation Systems 3.\n Mission Solutions.\n Global Defense.\n Unallocated corporate expenses.\n Total restructuring costs $ 15. $."
}
{
    "_id": "d1b3295f0",
    "title": "",
    "text": "annual compensation Supervisory Board members\n share-based payment. unrelated status.\n thousands 2019 2018 2017\n Total compensation 3,770  3,702 3,663\n fixed compensation 3,218 3,162  3,135\n committee remuneration  540 528"
}
{
    "_id": "d1b2e3c26",
    "title": "",
    "text": "Cloud Cognitive Software\n segment.\n Red Hat.\n revenue $23,200 million increased 4. 5 percent (6 percent. growth Cloud Data Platforms Red Hat. Linux application development emerging technologies OpenShift Ansible. Cloud Paks client base 2,000 clients cloud platform. Cognitive Applications grew. Transaction Processing Platforms declined grew 1 percent fourth-quarter.\n Cognitive Applications revenue $5,765 million grew 2. 3 percent growth Security IoT. threat management software. revenue new solutions.\n Cloud Data Platforms revenue $9,499 million increased 10. 4 percent (12. RHEL OpenShift Red Hat IBM hybrid strategy.\n Transaction Processing Platforms revenue $7,936 million decreased 0. 5 percent grew 1 percent. investment IBM platforms.\n revenue $4.2 billion grew 40 percent 42 percent adjusted currency Red Hat hybrid cloud offerings.\n December 31 2019.\n Cloud Cognitive Software revenue $23,200 $22,209. 2%\n Cognitive Applications 5,765.\n Cloud Data Platforms 9,499 8,603.\n Transaction Processing Platforms 7,936."
}
{
    "_id": "d1b39800e",
    "title": "",
    "text": "11 CAPITAL.\n Share-based compensation employees directors.\n Company awards employees officers directors service providers. vests conditions restrictions GNC Committee. performance goals employment period. purchase price Committee. attained unvested awards. Compensation expense based fair market value grant date.\n total compensation expense December 31, 2019 2018 $392 $506.\n Restricted Stock Average Grant Date Value Contractual Term\n Nonvested December 31, 2017 126,808 4.\n 144,447 3.\n 118,347.\n Nonvested December 31, 2018 152,908 3.\n 113,012.\n 64,535.\n Nonvested December 31, 2019 201,385 4."
}
{
    "_id": "d1b376936",
    "title": "",
    "text": "Allowance Credit Loss\n financing receivables summarized\n CREDIT LOSS ALLOWANCES\n Lease Loan Financed Service Contracts\n July 28, 2018 $135 $60 $10 $205\n Provisions (54)\n Recoveries\n Foreign exchange\n July 27, 2019 $46  $71 $9 $126"
}
{
    "_id": "d1b39cd20",
    "title": "",
    "text": "deferred tax assets liabilities\n United States Tax Cuts Jobs Act enacted 2017 changes income tax law. reduced tax rate 35% to 21% taxes foreign-sourced earnings related-party payments global intangible low-taxed income tax base erosion tax.\n 2017 one-time transition tax foreign subsidiary earnings.\n provisional expense $15. 3 million statements December 31, 2017. 118.\n $10. 1 million deferred tax balances $5. 2 million one-time transition tax foreign subsidiary earnings.\n Adjustments 2018 consolidated financial statements. accounting. Tax Reform complete. divestiture investment Netsmart amounts.\n federal net operating loss carryforwards $174 million $164 million December 31, 2019 2018. US carryovers $8 million Israeli carryovers $56 million.December 31, 2019 2018 NOL carryforwards $1 million $2 million.\n expire 2020. stock Internal Revenue Code.\n Deferred tax assets\n Accruals reserves $29,627 $31,565\n doubtful accounts\n Stock-based compensation\n Deferred revenue 21,786\n lease liabilities 22,085\n loss carryforwards 37,717\n Research development tax credit\n Valuation Allowance\n deferred tax assets 122,272\n Prepaid expense\n Property equipment\n Acquired intangibles (111,284\n Operating finance right-use assets (17,255\n deferred tax liabilities (137,606)\n"
}
{
    "_id": "d1b3239fc",
    "title": "",
    "text": "Assets Liabilities Measured Value\n table presents assets liabilities December 31,\n 2019\n money market funds approximates fair value short maturity\n.\n non-financial assets liabilities recognized disclosed value\n December 31, 2019.\n Cash equivalents Money market funds $256,915\n assets\n Indemnification Sale SSL\n Long term liabilities\n Globalstar Brasil. $145"
}
{
    "_id": "d1b3a4d04",
    "title": "",
    "text": "\n party to agreements. FNF ownership related until December 1, 2019 shared board senior management agreements. December 1 2019 Chairman Board FNF related party.\n agreements FNF software data services corporate shared services information technology. party other agreements expenses revenues FNF.\n revenues expenses FNF\n Transactions FNF through November 30, 2019 no longer related party.\n paid FNF guarantee fee 1. 0% principal Senior Notes guarantee. December 31, 2017 guarantee fee included Interest expense. April 26, 2017 Senior Notes redeemed no longer required guarantee fee.\n Year December\n Revenues $59. $57.\n Operating expenses.\n Guarantee fee."
}
{
    "_id": "d1b3420e6",
    "title": "",
    "text": "received final ratifications positive impact earnings arrangements. EPRA NAV share 143.\n increased 67. cent 2019 property revaluation deficit. reduces 65. 3 cent adjusted disposal proceeds Puerto Venecia Asturias.\n Interest\n. above target. 60x reduced 2019 rental income.\n available cash facilities\n reduced £5. million £241. 5 million 31 December 2019. excludes rents interest payments. 10 March 2020 cash £200. million augmented Puerto Venecia sales proceeds April.\n Debt assets ratio 67. 8% 53. 1% 14. 7%\n Interest.\n debt maturity.\n gross debt. 3%.\n debt interest rate protection 88%\n available cash facilities £241. 5m £246. 8m."
}
{
    "_id": "d1b396d94",
    "title": "",
    "text": "\n table results financial information\n Net revenue $25,282,320 $22,095,416 $19,063,121\n Gross profit $1,913,401 $1,706,792,545,643\n Operating income $701,356 $542,153 $410\n income Jabil $287,111 $86,330 $129,090\n share.\n diluted."
}
{
    "_id": "d1a734614",
    "title": "",
    "text": "FINANCIAL STATEMENTS thousands\n projected accumulated value Pension Plans\n December 31,\n Projected obligation $3,778 $3,848\n Accumulated $2,999 $3,028\n Fair value assets $1,418 $1,426"
}
{
    "_id": "d1b368e9e",
    "title": "",
    "text": "Unrecognized Tax Benefits\n Company operates jurisdictions tax returns. assesses provision taxes. unrecognized tax benefits totaled $3. 1 million $1. 4 million at April 27, 2019 April 28, 2018. tax rate.\n tax benefits April 27, 2019 estimate change tax benefits next twelve months.\n U. S federal statute of limitations open fiscal years 2016 state tax 2013. Tax authorities review adjust operating losses tax credits. foreign jurisdictions fiscal 2012 periods open examination.\n interest penalties income tax. $0. 1 million accrued interest no penalties at April 27, 2019.\n Balance Beginning Fiscal Year.\n Increases Positions Prior Years.\n Increases Current.\n Decreases\n Statutes Limitations.\n Balance End Fiscal Year."
}
{
    "_id": "d1b2e8f00",
    "title": "",
    "text": "Deferred Revenues\n prepayments license fees products control. upfront payments consulting services non-recurring engineering services.\n defer license fees until accounting requirements recognition. Engineering development fee revenues deferred until. defer AirBar sensor modules revenues until sell\n. GAAP aggregations. AirBar sensor module returns warranty experience estimates homogenous transactions. reserve for future sales returns reduction accounts receivable revenue insignificant as of December 31, 2019 2018.\n deferred revenues by source\n license fees $28 $\n NRE\n AirBar\n sensor modules revenues\n $67"
}
{
    "_id": "d1b3a2414",
    "title": "",
    "text": "Quarterly Financial Data\n sales earnings influenced seasonal factors. first fiscal quarters lowest maintenance shutdowns. changes economy alter.\n 2017 recorded income tax benefit. Statements.\n First Second Third Fourth Quarter\n Results Operations\n Year 2019\n Net sales $572. $556. $609. $641.\n Gross profit $91. $107. $123. $122.\n Operating income $45. $67.\n Net income $31. $35.\n Year 2018\n sales $479. $487. $572. $618.\n Gross profit $85. $85. $96. $114.\n Operating income $42. $41.\n income $23."
}
{
    "_id": "d1b385a12",
    "title": "",
    "text": ". EARNINGS SHARE\n table reflects basic diluted earnings share.\n based. Stock options restricted stock included. two-class method EPS awards non rights dividends. no anti-dilutive options restricted stock excluded 2019 41 2018 32 2017.\n June 30\n Net Income $271,885 $365,034 $229,561\n shares basic earnings 77,160\n Dilutive effect stock options restricted stock\n diluted earnings 77,347 77,585 78,255\n Basic earnings share.\n Diluted earnings."
}
{
    "_id": "d1b395656",
    "title": "",
    "text": ". Reportable Segments Geographic Information Major Customers\n segments components enterprise financial information evaluated\n performance resources. Company internal management reporting system\n financial data performance resources. Net sales attributed\n region product manufactured service performed. services manufacturing processes customers\n order fulfillment processes interchangeable. performance evaluated operating\n income. net sales cost administrative expenses excludes corporate\n expenses. administrative expenses restructuring costs $1. 7 million\n 2019 $13. 5 million one-time employee bonus\n Tax Reform. costs not allocated segments\n. Inter-segment transactions recorded arm’s length.\n accounting policies same Company.\n information segment disclosures fiscal 2019 2018 2017. Net sales based location\n flexible manufacturing facilities lines report net sales.\n-lived assets September 28, 2019 29, 2018 deferred intangible $78. 4 million $74. 2 million.\n United States $106,757 $108,694\n Malaysia\n Mexico 73 43,078\n Romania\n China\n Kingdom\n 34,461 31,585\n 341"
}
{
    "_id": "d1b39034a",
    "title": "",
    "text": ".\n changes allowance obsolescence\n December 31, 2019 €12,527. 7% inventory. components raw materials. additions 2018 2019 inventory items obsolescence.\n cost inventories €510. 2 million (2018 €365. 8 million.\n Balance (12,749) (13,364)\n sales (2,958)\n Reversals\n 1,978\n currency translation (358)\n end year (13,364) (12,527)"
}
{
    "_id": "d1b3c3e8e",
    "title": "",
    "text": "\n Company Specialty Alloys Operations Performance Engineered Products. disaggregated end-use markets geographical location. revenues 2019 2018 2017\n Data\n millions\n Aerospace Defense $1,327. $1,182. $973.\n Medical 205. 175. 125.\n Energy 181. 146.\n Transportation 157. 143\n Industrial Consumer 371. 364.\n Distribution. 131 118.\n net sales $2,380. $2,157. $1,797."
}
{
    "_id": "d1a73a08c",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. FINANCIAL STATEMENTS. dollars\n Revenue Geographic Region\n Vessels operate worldwide not restricted. countries. dry bulk vessels $741,347 $933,784 December 2019 2018. Logistics Business assets South America. $536,342 constructions $4 $556,713. Containers Business $399,979.\n 2019 2018 2017\n North America $2,259 $4,248 $5,513\n Europe 179,009\n Asia 67,468 135,614\n South America 232,394\n $482,449 $517,739 $463,049"
}
{
    "_id": "d1b3a7f9a",
    "title": "",
    "text": "Prepaid Expenses Assets\n summary\n inventory in-transit paid received.\n September 2019 2018\n expenses $1. 8 $1. 6\n.\n $7. $4."
}
{
    "_id": "d1a71d5a4",
    "title": "",
    "text": "Income\n tables changes years March 2019\n Unrealized Gains Securities Minimum Pension Liability Foreign Currency\n Balance March 31, 2017. 3.\n loss reclassifications (13. (5. (19.\n reclassified 15. 2. 16.\n loss 1. 6 (4. 8) (3.\n Balance March 31, 2018 $1. 9."
}
{
    "_id": "d1b2fda22",
    "title": "",
    "text": "Profit expenses interest taxes\n Grocery Snacks profit 2018 $724. 8 million increase $69. 4 million 11%. profits $21. 9 million lower. investments. higher input costs transportation expenses supply chain productivity. Frontera Thanasi Angie's Artisan Treats contributed $47. 4 million profit. Advertising promotion expenses decreased $19. 5 million. impacted $4. million HK Red $68. 3 million 2017 Chef. $11. 4 million expenses acquisitions divestitures $31. 4 million Wesson® oil $14. 1 million $23. 6 million restructuring plans.\n Refrigerated Frozen profit $479. 4 million increase $33. 6 million 8% 2017. Gross profits $3.2018 input costs transportation inflation increased sales productivity. acquisition Sandwich Bros. contributed $4. 6 million profit. Advertising promotion expenses decreased $23. 4 million. Refrigerated Frozen impacted $7. million recall. million. 2 million restructuring plans.\n International profit $86. 5 million loss $168. 9 million 2017. $235. 9 million goodwill intangible brand. profits $18. 6 million higher improved price/mix foreign exchange discontinuations-performing products. impacted $1. 5 million. 9 million restructuring\n Foodservice profit $121. 8 million increase $16. 7 million 16%. profits $13. 9 million higher inflation sales volumes input costs. impacted $1. 8 million restructuring.\n Commercial profit $202. 6 million. sold Spicetec Swank pre-tax gains $197. 4 million.Spicetec Swank Commercial segment Lamb Weston discontinued. no further operations.\n 2018 2017\n Grocery Snacks $724. $655. 11%\n Refrigerated Frozen. 445. 8%\n International.\n Foodservice 121. 105. 16%\n Commercial 202."
}
{
    "_id": "d1b3503e4",
    "title": "",
    "text": "Segment performance\n Profit tax\n EBITDA. Interest income expenditure not treasury. AASB 16 1 July 2018 lease interest allocated.\n profit tax 62,583\n Employee benefits (23,036)\n Interest revenue 8,220\n Distributions\n Other income 3,034\n Finance costs (45,612)\n Head office depreciation (2,079)\n Overheads expenses (20,527)\n Profit before tax (16,073)"
}
{
    "_id": "d1b362436",
    "title": "",
    "text": "NON-GAAP FINANCIAL MEASURES\n operating income net income diluted EPS exclude tax impact transfer TCJA restructuring expenses. aid insight performance trends. management considers non-GAAP measures GAAP. not substitute GAAP.\n reconciles financial results GAAP non-GAAP\n.\n millions 2019 2018 2017 Percentage Change\n Operating income $42,959  $35,058  $ 29,025 23%\n Net tax impact transfer intangible properties\n impact TCJA\n Restructuring expenses\n Non-GAAP operating income $42,959 $35,058 29,331 23%\n Net income $39,240  $16,571 $ 25,489\n tax impact transfer intangible properties\n TCJA\n Restructuring expenses\nNon-GAAP income $36,830 $30,267 25,732\n Diluted earnings share $5. $2. 3. 25\n tax intangible properties.\n TCJA.\n Restructuring expenses.\n Non-GAAP earnings share $4. 75 $3. 88 3. 29\n"
}
{
    "_id": "d1b38f58a",
    "title": "",
    "text": "Includes property equipment capital leases\n Depreciation amortization expense. million $17. 5 million $11. 8 million 2017. $1. 2 million. 9 million. 1 million.\n March\n equipment $4,754 $4,713\n Accumulated amortization\n $3"
}
{
    "_id": "d1b32a2ac",
    "title": "",
    "text": "REMUNERATION COMMITTEE REPORT\n table shows expenditure pay distributions retained earnings.\n SPEND PAY\n Expenditure 2019\n Dividends.\n Purchase treasury shares TORM A/S\n Purchase\n.\n Staff costs 45. 46.\n Retained earnings 920. 752. 786."
}
{
    "_id": "d1b3bba2c",
    "title": "",
    "text": "Continuing Operations\n analysis historical performance trends Consolidated Financial Statements Item 8 Annual Report Form 10 -.\n table percentage sales Consolidated Statements Operations\n Ended December 31,\n Sales 100.\n Gross profit 40. 50.\n Operating expenses 33. 27.\n income operations 6. 23.\n Other income 1.\n Income taxes 8. 24.\n Provision income taxes. 3.\n taxes 7. 20. 5"
}
{
    "_id": "d1b34706e",
    "title": "",
    "text": "assets\n Security deposits\n $8. million (2018 $4. 2 million.\n Customer incentives\n free discounted capitalised amortised.\n Costs\n 1 July 2018 capitalised amortised life.\n 30 June 2019 2018\n Customer incentives 1,091 1,145\n Capitalised transaction costs 3,359 5,490\n Contract costs\n assets 4,898 6,635"
}
{
    "_id": "d1b2f381a",
    "title": "",
    "text": ". Income taxes\n countries deferred taxes.\n Adjustment previous year.\n income tax rate German companies METRO corporate tax 15.%. 50% solidarity surcharge trade tax 14. 70% average assessment rate 420.%. tax rate 30. 53%. tax rates unchanged. foreign companies based laws vary.%. 94%.\n €298 million (2017/18 €216 income tax expenses €81 million higher previous year. increase pre-tax earnings change due higher expenses deferred taxes.\n 2018/2019 taxes 173 215\n Germany\n international\n current period\n previous periods\n Deferred taxes\n"
}
{
    "_id": "d1b30362a",
    "title": "",
    "text": "\n June 30 2019 unfunded pension obligations $77. 5 million $2. 3 million payable twelve months. long short-term payments.\n anticipated payments plans\n note 11 Plans Retirement Benefits Consolidated Financial Statements.\n years June 30\n 2020 $675 $1,012\n 2021\n 2023\n 2024 1,041\n 2025 2028 6 5,308\n $10,248 $3,535"
}
{
    "_id": "d1b323b32",
    "title": "",
    "text": "TAXES\n December 22, 2017 U. S. enacted Tax Act Global Intangible Low-Tax Income) taxes foreign income excess foreign subsidiaries. GILTI period cost adjusted deferred tax assets foreign subsidiaries.\n complexity Securities Exchange Commission guidance accounting ASC. 118 measurement period one year enactment analyses accounting. 2018 recorded provisional amounts income tax effects law. 2019.\n SAB 118 measurement period ended December 22, 2018. change future legislation. Treasury regulations Internal Revenue Service state tax authorities.\n Income) operations income taxes components\n Years Ended September 30,\n 2018\n United States $ (535) (51,049) (70,566)\n Foreign 52,881 65,935 59,484\n 52,346 14,886 (11,082)"
}
{
    "_id": "d1b364362",
    "title": "",
    "text": "Stock Repurchase Program\n Board Directors approved common stock. September 17, 2018 February 15, 2019 expansions repurchase $24. 0 billion. May 31, 2019 $5. 8 billion repurchases.\n authorization expiration date working capital cash debt repayment obligations stock price economic market conditions. repurchases open market purchases rule 10b5-1 plan. accelerated suspended delayed discontinued.\n table summarizes stock repurchase activity three months May 31, 2019 dollar value shares\n Approximate\n March 1, 31, 2019. $52. $8,780.\n April 1, 30, 2019. $54. $7,198.\n May 1, 2019—May 31, 2019. $54. $5,848.\n 112. $53."
}
{
    "_id": "d1b34288e",
    "title": "",
    "text": "Charges consolidated income assumptions\n High Court judgement 2018 defined benefit schemes pension pre-tax service cost €16 million (£14 million 31 March 2019.\n Current service cost 31 34 43\n Past service\n Net interest charge 10\n staff costs 57  44 20\n Actuarial losses 33 94"
}
{
    "_id": "d1b35446c",
    "title": "",
    "text": ".\n grew. 1% segments. service $20,737 million product $3,227 million. 4% 6. 6%. Wireless grew. 7% product 6. 6% service 2. 5%. Wireline. 7%. data voice product revenue. 2%. Bell Media revenues increased 3. 1% higher subscriber advertising revenues\n Bell Wireless 9,142 8,818.\n Wireline 12,356,267.\n Bell Media 3,217 3,121.\n Inter-segment eliminations (751).\n BCE revenues 23,964 23,468."
}
{
    "_id": "d1b2e4978",
    "title": "",
    "text": "table summarizes consolidated cash equivalents operating financing investing activities\n Cash\n flow fluctuates vessel utilization TCE rates interest rates working capital dry-docking expenditures repairs vessel additions dispositions foreign currency rates. exposure spot tanker market.\n production performance FPSO units. charter contracts global oil prices impacted cash flows.\n Consolidated net cash flow increased $383. 3 million December 31, 2019 from $182. 1 million 2018. due $127. 2 million increase income.\n 5 Operating Financial Review Prospects Condition Results.\n $9. 9 million increase cash non-cash working capital $23. 6 million increase dividends joint ventures $17. 1 million increase direct financing lease payments ASU 2016-02 2019.\ninterest expense losses currency decreased $38. 1 million 2019 losses. offset cash outflows $15. 9 million dry-dock expenditures.\n Daughter Entities hold gas carriers conventional tanker assets. received $317. 8 million proceeds sale Yamal Spirit Torben Spirit $370. 1 million Magdala Myrina Megara 2018.\n Teekay Tankers received $63. 7 million Suezmax tankers $241. 3 million Aframax Suezmax LR2 Product.\n credit facilities capital expenditures. revolving credit longer-term financing. manage maturity profile financing arrangements.\n net cash outflow $227. 3 million prepayments debt issuance costs payments cross currency swaps inflow $553. 7 million 2018. repayments decreased $438. 1 million 2019.\nDaughter Entities distributed dividends. no equity financing transactions 2019 2018. Teekay LNG repurchased $25. 7 million common units.\n Parent capital equity $103. 7 million 2018. dividends decreased $16. 6 million 2019 elimination Teekay Parent quarterly dividend.\n received $100 million Brookfield sale interests Altera. capital expenditures $109. 5 million modifications.\n proceeds $11. 5 million Alexander Spirit contributed $72. 4 million ventures expenditures Yamal LNG Bahrain LNG. proceeds $19. 6 million Suezmax tanker.\n expenditures $0. billion modifications. Teekay Parent advanced $25. million Altera unsecured revolving credit.\n proceeds $54. million sale 50% Excelsior Joint Venture $28.European African Spirit. Teekay LNG contributed $40. million loans December 2018 Yamal Bahrain Pan Union capital MALT.\n $25. 3 million outflow 2017 Brookfield Transaction Deconsolidation Sale.\n. December\n operating cash flows 383,306 182,135\n financing (382,229 434,786\n investing (50,391 (663,456)"
}
{
    "_id": "d1b37afa4",
    "title": "",
    "text": "Repurchases. August 22, 2011, established share repurchase program. June 11, 2019 Board Directors authorized extension $5,000,000 24 total $22,000,000 August 2011). stock repurchased open market privately negotiated. timing determined management market conditions. Program suspended discontinued.\n October November December 2019 repurchased stock\n December 31, 2019 repurchased 335,372 shares $764,606 average price per share $2. 28.\n December 31, 2019 repurchased 335,372 shares $764,606 average price share $2. 28.\n December 31, 2019 repurchased 8,489,770 shares $15,906,846 average per share price $1. 87.\n Shares Purchased Average Price Paid Share Plans Programs Maximum\n\n October 1 to 31, $4,803,723\n November 1 30. $4,779,620\n December 1 to 31, 153,431. $4,445,258\n 164,817. 17"
}
{
    "_id": "d1b3380d2",
    "title": "",
    "text": "unrecognized tax benefits March 31, 2019 2018 $622,000 $619,000 resolution uncertain. March $2. 5 million $2. 1 million net deferred tax assets.\n deferred tax assets $6. 7 million valuation allowance $6. 7 million. months years elapse before uncertain. reconciliation\n unrecognized tax benefit balance March 2019 $599,000 tax rate recognized.\n Unrecognized tax benefits period $2,735 $2,714 $2,055\n Act rate re-measurement\n Reductions\n Lapses current year statutes limitations\n Unrecognized tax benefits end period $3,102 $2,735 $2,714"
}
{
    "_id": "d1b384e32",
    "title": "",
    "text": "Consolidated Financial Statements Fiscal Years Ended May 2018 28, 2017 Lamb Weston Spinoff\n November 9, 2016, Spinoff. equity. Commercial segment. discontinued operations.\n comparative financial results\n 2017 incurred $74. 8 million expenses professional fees contract services regulatory filings separation. income discontinued operations. 2019 2018 income tax expense $2. 8 million tax benefit $14. 5 million.\n assets $2. 28 billion liabilities $2. 98 billion debt $2. 46 billion transferred Lamb Weston. received cash payment $823. 5 million. 4 debt exchange.\n transition services agreement recognized $2. 2 million $4. 2 million income 2018 2017 expenses.\n sales $1,407.\n discontinued operations taxes earnings.$172.\n before taxes equity earnings. 172.\n tax expense 2. (14. 87.\n 15.\n discontinued operations tax. 14. 100.\n income noncontrolling interests. 6.\n discontinued operations Conagra. $14. $93."
}
{
    "_id": "d1a71dd10",
    "title": "",
    "text": "Geographic Revenue\n geographic.\n revenue $77,147 million 2019 decreased. 1 percent increased. 2 percent excluding businesses.\n Americas revenue decreased. 9 grew 1 percent. North. decreased. 4 Canada increased. (6. Latin America declined grew adjusted. Brazil declined. 8 percent flat adjusted.\n EMEA revenue decreased. 1 percent flat adjusted increased 1 percent. France Italy decreased. 9. 1. 3 grew 1 1 4. Germany decreased. 9. Middle East Africa decreased. 5.\n Asia Pacific decreased. Japan increased. 3 percent.\n Australia decreased. 3. China decreased. 4 India decreased. 1 percent 5 percent adjusted.\n year December 31 2019. Percent Change.Currency. Businesses\n revenue $77,147 $79,591 (3.\n Americas $36,274 $36,994.\n Europe East 24,443 25,491 (4.\n Asia Pacific 16,430 17,106 (4."
}
{
    "_id": "d1b3046d8",
    "title": "",
    "text": ".\n 50% preferred shares $4,004 million 2019 2018.\n increase $1,891 million debt lease liabilities $2,304 million IFRS 16 Bell Canada Series M-49 M-50 MTN debentures $600 million $550 million US-2 $600 million.$808 million securitized trade receivables $131 million\n offset redemption Series M-27 M-37 $1 billion $400 million decrease notes payable $1,073 million $29 million lease liabilities\n decrease cash $280 million $2,819 million dividends BCE $1,216 million debt repayments $142 million BCE shares $60 million acquisition costs\n offset $3,818 million free cash flow $240 million issuance\n one year 3,881. 4%\n Long-term debt.\n Preferred shares\n(425).\n debt 28,153 25,982 2,171."
}
{
    "_id": "d1b36e60a",
    "title": "",
    "text": ".\n Teekay subsidiaries not. Norwegian subsidiaries subject.\n deferred tax assets liabilities\n estimated net operating loss $878. 3 million. Spanish Norwegian Luxembourg subsidiaries Australian subsidiaries.\n disallowed finance costs Spain Norway $15. million $15. million December 31, 2019 available 18 10 years. tax losses Luxembourg available offset income 2017 17 years 2016.\n Deferred tax assets\n Vessels equipment 1,646 5,868\n losses disallowed finance costs 164,009 155,910\n 19,674\n deferred tax assets 185,329 172,323\n tax liabilities\n 22,913 18,037\n 6,512 5,588\n 29,425 25,685\n deferred tax assets 155,904 146,638\ndeferred 2,602"
}
{
    "_id": "d1a73920e",
    "title": "",
    "text": "accumulated obligation United States $198. 2 $172. 8 million December 31, 2019 2018. foreign $39. 9 million $35. 6 million.\n pension plans accumulated obligation December 31\n benefit obligation $55. $44. $50. $39.\n Accumulated obligation 53. 39. 48. 35.\n value assets."
}
{
    "_id": "d1b360bf4",
    "title": "",
    "text": ". HOOQ share options equity-settled\n December 2015, HOOQ Digital. 65%-owned subsidiary implemented Digital Employee Share Option Scheme. employees subsidiaries granted options purchase shares.\n 100% fair value fully vested 4 years vesting commencement.\n fair value 4.\n grant dates exercise prices fair values\n term option 10 years from grant.\n fair values estimated Black-Scholes pricing model.\n 1 April 2018 to 31 March 2019 options 9. 6 million shares HOOQ granted. 31 March 2019 43. 3 million shares outstanding.\n Equity-settled price Fair Value grant date\n grant 16 May 2016. 0445. 0463\n April 2017. 0301\n. 0292\n July.\n.\n October.\n January.. 0316.\n April 2018. 0360\n July 2018. 0368\n October 2018. 0371 0374\n January 2019. 0367."
}
{
    "_id": "d1b3890d6",
    "title": "",
    "text": "\n granted 2016 Incentive Plan price not less market value per share common stock. term outstanding options exceed ten years one year. Vesting determined compensation committee administrator agreements. dividend rights.\n stock option activity\n weighted average value December 31, 2018 2017 $7. 03 $6. 24. December 31, 2019. total intrinsic value options $16. million $15. 8 million $13. 4 million.\n Shares Weighted Average Exercise Price Contractual Term Intrinsic Value Options\n December 31, 2018 4,864,836 $17.\n.\n.\n 31, 2019 4,006,816 $18. $78,949,941\n. $69,349,255"
}
{
    "_id": "d1a71e47c",
    "title": "",
    "text": ". Registrant’s Common Equity Stockholder Issuer Purchases Securities\n common stock traded NTAP.\n highest lowest intraday sales prices two fiscal years.\n June 7 2019 413 holders stock.\n First Quarter $ 83. $ 63. 45. 37.\n Second Quarter $ 88. 70. 45. 37.\n Third Quarter $ 83. $ 54. 64. 43.\n Fourth Quarter $ 78. 61. 69."
}
{
    "_id": "d1a7384c6",
    "title": "",
    "text": ". Selected Financial Data\n historical financial information audited financial statements notes Item 5. Operating Financial Review Prospects. Statements Operations 2019 2018 2017 Balance Sheet data derived statements. Operations 2016 2015 balance Annual Report Form 20-F.\n FINANCIAL DATA December\n figures thousands USD except share data 2019 2018 2017 2016 2015\n Voyage Revenues 317,220 289,016 297,141 357,451 445,738\n Voyage Expenses (141,770),012),465 (125,987)\n Vessel Operating Expense (66,033)\n General Administrative Expenses (13,481,727)\n Depreciation Expenses (63,965),669,889\n Impairment Loss Vessel\n Loss Goodwill\n Loss Disposal Vessels\nSettlement Received 5,328\n Net Income 31,971,616) (175,690) 53,341 128,093\n Interest Income\n Expense,390 (34,549) (20,464 (11,170,855\n Financial (4,160 (14,729)\n Expenses (42,252) (48,944) (20,761) (11,053)\n Income Tax Expense\n Gain Equity (7,667) (8,435 (46,642 (2,462\n Income (10,352) (95,306) (204,969) (4,456) 114,627\n Basic Earnings Share.\n Earnings.\n Cash Dividends Share.\n Weighted Average Shares,571,361 141,969,666 103,832,680,001\n Market Price Share.92. 46. 40."
}
{
    "_id": "d1b2edc44",
    "title": "",
    "text": "NAVIOS MARITIME. FINANCIAL STATEMENTS. dollars\n NOTE 4: CASH EQUIVALENTS RESTRICTED CASH\n Short-term deposits funds maturity less three months\n loss non. Navios Holdings deposits limits. credit risk financial institutions. Note 2(e.\n December 2019 31,2018\n Cash banks $77,041 $131,432\n Short-term deposits funds 950 6,450\n Restricted cash 736 12,892\n $78,727 $150,774"
}
{
    "_id": "d1b395502",
    "title": "",
    "text": ". EXPENSES\n long-term debt commitment fee deferred financing Credit Facility Note 9.\n 2019 2017. $2. million $2. 5 million.\n USD\n 34,018 29,753 18\n Commitment Fee 3\n Amortization Deferred Financing 4,372\n costs\n Expenses 38,390 34,549 20"
}
{
    "_id": "d1b30ce78",
    "title": "",
    "text": "Taxation\n tax expense 2019 higher tax credit 2018 lower standard corporation tax UK. differences\n unprovided deferred tax relates revenue losses property derivative values.\n future tax charges\n Management compliance REIT legislation\n Group UK REIT profits gains property exempt tax conditions. conditions fulfilled.\n short-term reduction dividends underpayment minimum PID corporation tax 19 per cent REIT.\n tax expense £16. 0 million includes £15. 7 million corporation tax underpayment minimum PID. underlying earnings rental income.\n exceptional tax expense £6. 4 million corporation tax prior year underpayment minimum PID. exceptional excluded underlying earnings.\n Loss before tax joint ventures associates.\n standard 19%.\n Exempt property rental profits revaluations.\n.\nTax shortfall PID 22.\n Additions disposals property 7.\n Non-deductible.\n Overseas taxation.\n Unprovided deferred 22.\n tax 5."
}
{
    "_id": "d1b326724",
    "title": "",
    "text": "Cash Financing Activities\n 2017 contributions FPS Acquisition.\n 2018 minority holders options subsidiary ATC TIPL. December 2019 redemption shares INR 29. 4 billion$425. 7 million.\n. 40% February 15 2019 repaid $1. billion. 40% Notes. repaid 2019 Multicurrency Credit Facility. none. Notes outstanding.\n. April 22, 2019 redeemed $700. million. Notes redemption price $726. million $5. million accrued unpaid interest. loss retirement $22. 1 million prepayment $21. million unamortized discount deferred financing costs. funded borrowings 2019 Credit Facility cash. none. Notes outstanding.\n. 900% Senior January 15 2020 redeemed $500. million.% notes 2021.principal accrued unpaid interest excluding 15 2020 redemption $539. 6 million. 1 million accrued unpaid interest. loss retirement long-term obligations $34. 6 million prepayment $33. 5 million unamortized discount deferred financing costs. redemption funded borrowings 2019 Credit Facility cash. 900% Notes outstanding.\n December\n Proceeds issuance senior notes $4,876. $584. $2,674.\n credit facilities 425.\n Distributions common stock.\n.\n Repayments securitized debt.\n noncontrolling interest holders.\n Repayments senior notes,700.\n loan.\n redeemable noncontrolling interest.\n Proceeds issuance securities."
}
{
    "_id": "d1b3514c4",
    "title": "",
    "text": ". Financial Information\n Inventories Purchased components $ 8 12\n Finished goods 123\n $ 131"
}
{
    "_id": "d1b380724",
    "title": "",
    "text": "March 31, 2019 Company had $7. 7 million unrecognized tax benefits. reconciliation\n $1. 9 million. income tax rate. tax benefit decrease $1. million 2020 if advanced pricing arrangement audit settled.\n Company files income tax returns U. S. foreign jurisdictions. U Internal Revenue Service concluded examinations. returns 2003. losses. returns 2003 until losses utilized. subject income tax examinations. state jurisdictions 2014. records interest penalty expenses tax benefits. $0. 5 million $0. 9 million accrued interest penalties March 31, 2019 2018 income tax expense. income tax.\n Fiscal Years Ended March 31,\n $8,680 $7,390 $7,103\n Additions business combinations\ncurrent 2,027 1,078\n prior 519\n Reductions prior (633) (1,058)\n limitations\n Settlements (2,923)\n fiscal year $7,661 $8,680"
}
{
    "_id": "d1b3c12b0",
    "title": "",
    "text": "2019\n initiated restructuring program consolidation improvements segments. recorded charges $254 million. complete restructuring actions 2021 incur additional $35 million employee severance facility exit costs Transportation Industrial Solutions.\n charges\n Transportation Solutions $ 160 $ 144\n Industrial Solutions 80 66\n Communications Solutions 49 44\n $ 289 $ 254 $"
}
{
    "_id": "d1b3c5e96",
    "title": "",
    "text": "Orders up year-over-year new-unit. large orders increased €. 4 billion combined-cycle power plant France HVDC €. 4 billion Germany €. 3 billion offshore. €. billion Brazil. intake increased\n regions Americas double-digit growth.\n Power revenue decreased\n new-unit. revenue decreased Europe. Africa Middle East Asia Australia offset growth Americas. Adjusted down lower revenue price declines reduced capacity utilization. gains € 166 million divestments. Severance charges € 242 million 2019 € 374 million 2018. order backlog € 51 billion € 13 billion revenue 2020.\n competitive market. power generation market challenging volume stabilizing. gas turbine market impacted delays price pressure. weak growth uncertainty regulatory.\ngas turbine market overcapacity fostering consolidation. large steam turbines volume shrank shift gas renewable carbon emission regulation. continue 2020. industrial steam turbines stable flat 2020.\n Oil gas markets developed 2019 recovery natural gas. grow 2020. offshore onshore exploration recover project approvals. Pipelines downstream oil gas-related markets stable 2020.\n year\n millions.\n Orders 19,975 18,451 8 %\n Revenue 17,663 18,125\n service business 8,025 7,756 3%\n Adjusted EBITA 679 722\n margin. 8%."
}
{
    "_id": "d1b344a30",
    "title": "",
    "text": "Changes value defined benefit obligations €247 million €−24 million. reduction invoice rates.\n average term defined benefit commitments\n 30/9/2018 30/9/2019\n Germany\n Netherlands\n United Kingdom\n Belgium\n"
}
{
    "_id": "d1b383a32",
    "title": "",
    "text": "\n Autodesk recognizes revenue from product subscriptions cloud service agreements renewal fees consulting training services. categories items Consolidated Statements of Operations.\n net revenue geographic location product family sales channel\n AutoCAD balances adjusted.\n Payments product subscriptions cloud subscriptions maintenance subscriptions due up front 30 to 45 days. EBAs annual installments 30 to 60 days. material variable returns refunds warranties.\n January 31, 2019 deferred revenue $2. 7 billion undelivered performance obligations recognized three years. expect $1. 9 billion 72% revenue next 12 months. remaining $0. 8 billion 28%.\n deferred revenue timing billing cycles foreign currency fluctuations\n Fiscal Year ended January 31,\n Net revenue by product family\nArchitecture Engineering Construction $1,021. $787. $810.\n 616. 528. 575.\n AutoCAD 731. 561.\n Media Entertainment.\n.\n $2,569. $2,056. $2,031.\n. $874. $740. $742.\n 175.\n 1,049. 871.\n Middle East Africa 1,034. 815. 800\n 485.\n $2,569. $2,056. $2,031.\n $1,830. $1,443. $1,468.\n 739. 612. 562.\n $2,569. $2,056. $2,031"
}
{
    "_id": "d1a721654",
    "title": "",
    "text": ". Revenue\n AASB 15 Revenue from Contracts Customers framework timing revenue recognition. AASB IFRS 15 Revenue replaced IAS 18 Revenue IAS 11 Construction Contracts.\n new standard revenue recognised control transfers to customer performance obligations.\n Group applied new standard 1 July 2018 modified retrospective approach changes opening retained profits. recognition revenue previous.\n Altium performance obligation revenue streams revenue recognition methods\n. Software licenses Revenue recognised license activation. Subscription maintenance Revenue deferred recognised. allocation methodology revenue. Search advertising Revenue recognised price-per-click search result. Services revenue recognised. training implementation. Other revenue Royalties recognised sales. Interest income Revenue recognised principal effective interest rate future cash receipts net carrying.\n Impact opening retained profits\ncosts sales commissions Altium expedient expensing asset amortised year 12.\n revenue deferred upfront commission paid capitalised amortised. Altium US$6 million deferred revenue 30 June 2018 US$0. 3 million profits.\n US$6. 9 million June 2019 US$ 0. 2 million commissions.\n accounting\n Revenue contracts allocated selling prices recognised accounting policy.\n Software license 82,575 64\n Subscription maintenance 64,955\n advertising 17,940\n Service revenue 3,655\n Other revenue 2,694\n Interest income\n 172,752"
}
{
    "_id": "d1b37aaf4",
    "title": "",
    "text": "Deferred revenue invoiced obligations. 2019 2018 recognized $63. 2 million $60. 2 million.\n 2019 2018\n Products $6,593 $5,216\n Services 94,571 92,750\n 101,164 97,966\n (62,233 (63,874)\n Non-current $38,931 $34,092"
}
{
    "_id": "d1b357d56",
    "title": "",
    "text": "Group profit $60. 9 million $50. 7 million $109. 0 million revenue growth. foreign exchange gain $1. 5 million loss $6. 9 million.\n profit before taxation increased $94. 6 million $53. 6 million $41. million $80. 6 million improvement $13. 4 million reduction finance expenses. gains sterling euro.\n profit increased $87. 8 million $26. 9 million March 2019 profit taxation.\n Cash flow $142. 9 million reduced $4. 8 million $147. 7 million. overheads improved use working capital. Unlevered free cashflow decreased $15. 8 million $123. 8 million.\n financial highlights\n IFRS 15 accounting research tax credit scheme tax positions\n non-GAAP measures note 5\n$M\n Statutory measures\n Revenue 710. 639. 11.\n taxation 53.\n cash flow 142. 147.\n performance\n 760.\n EBITDA 167. 199. (15\n profit 109. 58. 87.\n cash flow 123. 139. (11"
}
{
    "_id": "d1b3994cc",
    "title": "",
    "text": "Liquidity Capital Resources\n cash. business financial condition strong cash flows cash equivalents short-term investments $5. 9 billion capital $1. 5 billion credit facility operational requirements 12 months. sources liquidity payments debt maturities include cash equivalents short-term investments.\n December 31, 2019 cash outside. foreign subsidiaries $2. 8 billion $1. 4 billion 2018. available U. restrictions.\n cash impacted seasonality. sales fourth quarter. consider transactions shareholder value business results divestitures joint share repurchases structural changes. future cash proceeds.\n Sources Liquidity\n Cash equivalents $5,794 $4,225 $1,569\n Short-term investments 69\n $5,863 $4,380 $1,483\n total assets 30% 24%"
}
{
    "_id": "d1b35d7ce",
    "title": "",
    "text": ". Debt\n Silicon Valley Bank Facility\n maintained Loan Security Agreement SVB loan original $6. 0 million. floating annual interest rate SVB’s prime rate plus 2%. matured repaid May 2019.\n October 10, 2019 Amended Restated Loan Security Agreement SVB Credit Facility. advances up $10. 0 million. floating annual interest rate equal Prime Rate plus 1% or 6%. repaid reborrowed. terminates October 10, 2020. No amounts borrowed Agreement.\n Amounts secured assets personal property inventory bank accounts intellectual property not secured. equipment value up $1. 0 million. financial covenants Liquidity Coverage Ratio protection intellectual property rights covenants. default SVB borrowings foreclose collateral. default interest rate.December 31, 2019 no default Credit Facility.\n Term Loans $8,073 $101,087\n Amortization debt 5,685 16,308\n 2,120 6,949\n $15,878 $124,344"
}
{
    "_id": "d1b38af94",
    "title": "",
    "text": "Net Income (Loss) Per Share\n Company calculates FASB ASC Topic 260,Earnings. based on weighted-average common shares. Diluted dilutive securities Plan. net loss dilutive securities not included.\n fiscal years 2019 2018 2017 potentially dilutive shares excluded from\n Stock options 1,687  2,806 569\n RSUs 2,352 2,580\n ESPP common stock equivalents 74\n Checker earnout shares 24\n Total potentially dilutive common shares 4,113  5,457  676"
}
{
    "_id": "d1b39e22e",
    "title": "",
    "text": ".\n Nordic American Tankers Limited formed June 12, 1995 Islands Bermuda. shares trade New York Stock Exchange. acquiring chartering double-hull tankers.\n international fleet 23 Suezmax tankers. new 2019. December 31, 2019 average 156,000 dwt each. 2019 2017 chartered spot market.\n 23 Suezmax crude oil tankers majority built Korea.\n Nordic Freedom 159,331\n Nordic Moon 160,305\n Nordic Apollo,998\n Cosmos\n Grace 149,921\n Mistral 164,236\n Passat 164,274\n Vega 163,940\n Nordic Breeze 158,597\n Zenith 158,645\n Sprinter 159,089\n Skier\n Light 158,475\n Cross\n Luna\n Castor 150,249\n Sirius 150,183\nPollux 2003 150,103 2016\n Star 159,000\n Space 159,000\n Tellus 157,000\n Aquarius 157,000\n Cygnus"
}
{
    "_id": "d1b334d4c",
    "title": "",
    "text": "operating requirements funded cash borrowings.\n future cash borrowings credit external financing.\n cash capital debt business.\n table summarizes cash flows\n Ended December 31,\n 2019 2018 2017\n Operating activities $ 339,096 357,321 210,027\n Investing (217,819) (221,459) (1,042,711)\n Financing (118,481 (141,920) 821,264\n cash equivalents $ 2,796 (6,058) (11,420"
}
{
    "_id": "d1b3b87e6",
    "title": "",
    "text": "GasLog. Subsidiaries\n consolidated financial statements\n years December 31, 2017 2018 2019\n amounts. Dollars\n Ship management liability cash Egypt LNG Shipping. obligations\n $200 $169) office lease operating expenses.\n December 31,\n 2019\n Ship management creditors 268 328\n parties 169"
}
{
    "_id": "d1b378b82",
    "title": "",
    "text": "2013, Company commenced pension plan.\n $1. 2 million 2019 $0. 9 million.\n benefit pension funds actuarial cost. returns benefits. assets Canadian foreign equity securities fixed income instruments short-term investments.\n provides health care life insurance retired employees dependents. funded pay-as-you-go retiree cost contributions deductibles coinsurance.\n balance sheet obligations pension benefits\n December\n Pension $8,566 $10,905\n Other post-employment benefits 23,508 21,330\n Accrued benefit liabilities $32,074 $32,235"
}
{
    "_id": "d1b3b62fc",
    "title": "",
    "text": ". Investments subsidiaries\n additions equity share payments employees subsidiary companies.\n undertakings disclosed note 35 consolidated financial statements.\n 1,212. 1,210.\n.\n 1,216. 1,212"
}
{
    "_id": "d1a720dee",
    "title": "",
    "text": "tax effects differences deferred tax assets\n Recognition tax likely.\n valuation allowance $85. 7 million $78. 7 million against. deferred tax assets December 31, 2019 2018. valuation allowance increased $7. 1 million $6. 2 million.\n. federal net operating loss carryforwards $193. 8 million\n $185. million state loss $84. 6 million $75. 3 million\n. expire 2025. state losses expire 2023\n 2039.\n. federal research development\n carryforwards $15. 3 million $13. 3 million state\n $16. 4 million $14. 2 million.\n 2025 carried over indefinitely.\n annual limitation\n Internal Revenue Code Section 382.\n foreign subsidiaries’ earnings indefinitely reinvested no provision. federal state income taxes.intention one-time transition tax. earnings. income taxes foreign tax credits withholding taxes. 2019 undistributed earnings $13. 6 million $10. 8 million. 2017 taxed tax.\n Deferred tax assets\n Net operating loss $46,273 $43,869\n Research development credits 25,386\n Accruals reserves\n Stock-based compensation 3,306\n Depreciation amortization\n Operating lease liability\n deferred tax assets 96,266\n Valuation allowance\n contract acquisition costs\n Operating lease right use asset\n tax liabilities (9,352)\n Net $1,171"
}
{
    "_id": "d1b354750",
    "title": "",
    "text": "Home Loans CGU\n recoverable 31 December 2018 $5. 6m value-in-use calculation cash projections. cash flows updated Senior Management strategic review. pre-tax discount rate 13% 25% cash flows extrapolated 3% growth rate. recognised impairment charge $4,450,000 goodwill software costs. No other impairment CGUs goodwill brand.\n. Goodwill intangible assets\n estimates value\n Cash flow projections\n five-year forecasts. income expenses capital expenditure cash flows CGU.\n Discount\n risks value risks. calculation circumstances weighted cost capital. debt equity. return investment. debt interest bearing borrowings. CGU-specific risk incorporated. pre-tax discount rates\n impairment assessment 31 December 2018 full impairment goodwill Home Loans CGU\nCGU Infochoice business sold third party 18 February 2019. note 6. 3\n Growth rate estimates\n 5 years cash flows models. based long-term plan growth rates 3%.\n Market share assumptions\n position. expects share markets grow.\n Sensitivity assumptions\n no change carrying value exceed recoverable amount.\n CGU FY19 FY18\n Health. 1%. 6%\n. 7%.\n Home Loans. 4%\n.\n. 7%\n Household.\n International."
}
{
    "_id": "d1b2e15ac",
    "title": "",
    "text": "assumptions\n scheme liabilities measured projected unit credit method principal actuarial assumptions\n Figures weighted average assumption schemes.\n increases pensions deferred revaluation inflation.\n 2018 2017\n Weighted average assumptions 31\n Rate.\n increase salaries.\n Discount rate."
}
{
    "_id": "d1b3006dc",
    "title": "",
    "text": "Valuation Qualifying Accounts\n schedule valuation qualifying accounts last three years\n Amounts reserves valuation allowance acquisition LoJack.\n warranty reserve Other Current Liabilities consolidated balance sheets.\n Amount valuation allowance deferred tax foreign disclosed fiscal 2018 Form 10-K 12. Deferred tax assets valuation allowances grossed $15. 1 million.\n Balance\n Deductions\n Allowance doubtful accounts\n 2017 541 962\n 2018\n 2019\n Warranty reserve\n 2017 1,892 1,305 5,883\n 2018 1,331\n 2019 1,126 1,398\n Deferred tax assets valuation allowance\n 2017 1,618 1,391 3,578 6,587\n2018 6,587 15,092 16,844\n 2019,844 10,929"
}
{
    "_id": "d1b38e78e",
    "title": "",
    "text": "reconciliation unrecognized tax benefits\n Interest penalty charges uncertain tax positions income tax expense. March 31, 2019 2018 Company immaterial accrued interest penalties.\n subject taxation United Kingdom foreign jurisdictions. no 2017. foreign jurisdictions 2016. net operating loss carryforwards subject adjustments.\n $24. 9 million unremitted foreign earnings March 31, 2019. taxes provided $10. 0 million. $14. 9 million indefinitely reinvested. immaterial.\n Year ended March 31,\n Beginning balance $6,164 $4,931\n Additions tax positions\n prior\n Reductions foreign exchange rate\n Expiration statutes of limitation\n Reductions settlements tax\n Ending balance $6,016"
}
{
    "_id": "d1b31f212",
    "title": "",
    "text": ". STOCK-BASED COMPENSATION\n table expense statements\n Company grants stock options restricted stock units fixed shares employees Directors. 2019 granted awards common stock stock options\n compensation arrangements vest over five years 20% vesting after one year 80% quarterly installments four years. stock options ten years. recognizes compensation accelerated attribution grant. compensation value awards. Forfeitures estimated revised. recognizes expense shares\n Employees receive 50% compensation RSUs cash. equity equal 50% base salary. RSUs granted determined by 85% closing price common stock less expected dividends. award vests 100% CICP payout date following year. Vesting conditioned performance conditions continued employment funding RSUs vest.Company considers vesting probable recognizes compensation expense service period vesting.\n grants settlement vested stock options RSUs. cash shares. withholds price tax. fewer shares issued.\n 2019 2018 2017\n Cost revenues $18,822 $16,862 $14,573\n Selling marketing 32,665 23,237 15,720\n Research development 18,938 15,274 13,618\n General administrative 10,484 8,489\n $80,909 $63,862 $53,313\n Income tax benefit $(16,392(13,383,113"
}
{
    "_id": "d1b2fe102",
    "title": "",
    "text": "success customers high quality service focus needs performance. independent semiconductor foundry revenue sales wafers. table percentages wafer sales December 2017 2018 2019.\n focus high service maintain loyalty. culture emphasizes responsiveness flexibility speed accuracy manufacturing delivery. design development manufacturing.\n 2013, UMC Korea office local support shorten time-to. large production capacity advanced process technology better customer service shorter turn-around time manufacturing flexibility higher yields.\n Years Ended December 31,\n Customer Type 2017 2018 2019\n Fabless design companies.\n Integrated device manufacturers.\n."
}
{
    "_id": "d1b3c8362",
    "title": "",
    "text": "OBLIGATIONS COMMITMENTS\n operations future payments lease debt unconditional purchase obligations. unconditional purchase arrangements sourced product. debt notes payable capital lease obligations totaled $10. 72 billion May 2019 liabilities Balance Sheets. Operating lease unconditional purchase obligations $1. 75 billion not liabilities.\n summary contractual obligations\n open purchase orders agreements not cancellable. settleable less one year.\n obligated pay interest long-term debt capital lease obligations. interest rate 4. 7%.\n unfunded pension postretirement benefit obligations $131. 7 million $87. 8 million. obligations remeasured predict future. not obligated fund pension plans next twelve months. estimate payments approximately $14. 2 million $10.8 million twelve months pension postretirement plans. Note 19 Postretirement Benefits Accounting Estimates Employment Related Benefits pension obligations.\n arrangements future cash payments. guarantees debt lease payments. GAAP commercial commitments not liabilities Consolidated Balance Sheets. May 26, 2019 commercial commitments $5. 3 million $3. 7 million one year $1. 6 million one to three years.\n $56. 4 million standby letters credit. self-insured workers compensation programs not Consolidated Balance Sheets.\n guarantee obligation unconsolidated entity. leases divestiture Swank business 2017. four years maximum future payments $1. 2 million. lease exited facility. eight years maximum future payments $19. 1 million.\n obligation Lamb Weston business arrangement until substituted.separation distribution agreement November 8, 2016 between us Lamb Weston guarantee arrangement liability transferred to Spinoff. required payments Lamb Weston indemnify us reduced by insurance proceeds indemnification provisions.\n Lamb Weston agricultural sublease agreement third party farmland through 2020 two five-year periods. Weston rental payments. guaranteed Lamb Weston's performance payment maximum $75. 0 million. farmland marketable for lease. financial exposure mitigated.\n obligations commitments reserves for uncertainties income taxes estimate. liability for unrecognized tax benefits at May 26, 2019 was $44. 1 million. net tax rate $37. 3 million. Recognition tax benefits effective tax rate.\n Payments Due by Period millions\nContractual Obligations 1-3 3-5 5\n Long-term debt. $10,556. $2,747.,287. $5,522.\n Capital lease 165.\n Operating lease obligations 312.\n Purchase obligations 1,483. 1,195.\n.\n $12,519. $1,269. $3,098. $2,429. $5,722."
}
{
    "_id": "d1b317dd2",
    "title": "",
    "text": "December 31, 2017 2018\n 2018 26. ships 9,030 operating days 25. 5 ships management. 2017 23. ships 8,317 operating days 23. 4 ships 22.\n Revenues increased 17. 7% $93. 1 million $525. 2 million 2017 to $618. 3 million 2018. $64. 2 million spot market LNG shipping rates. $63. 7 million GasLog Houston Hong Kong Genoa January 8 2018 March 20 29, 2018. operating days. offset decrease $25. 4 million expiration charters GasLog Shanghai Santiago Sydney. Shanghai Santiago charter Trafigura Sydney 18-month charter Cheniere. decrease $8. 4 million increased off-hire days four dry-dockings 2018 2017 decrease $0. 7 million increased off-hire days remaining.daily hire rate $63,006 to $68,392 2018. 3 million management vessels.\n.\n Revenues $525,229 $618,344\n pool allocation 7,254 17,818\n Voyage expenses commissions (15,404) (20,374\n Vessel operating costs (122,486\n Depreciation (137,187,193)\n expenses (39,850 (41,993)\n Profit 217,556 292,518\n Financial costs (139,181)\n income 2,650 4,784\n Gain derivatives 2,025\n profit 1,159\n expenses (133,347,120\n Profit 84,209 126,398\n Non-controlling interests 68,703 78,715\n $15,506 $47,683"
}
{
    "_id": "d1b3aeb92",
    "title": "",
    "text": "change projected accumulated\n Company pension liability future benefits. discount rate based quarterly average yield Euros treasuries 30 years supplement corporate bonds cost.\n defined benefit plans unfunded liability March 31, 2019 $72. million. 3 million accrued $71. 4 million long liabilities. 2018 $61. million. 9 million accrued $60. 1 million long-term liabilities.\n benefit obligation $61. $50.\n Additions acquisition Microsemi.\n Service cost.\n Interest cost.\n Actuarial losses.\n.\n currency exchange rate changes.\n obligation $72. $61.\n Accumulated obligation $66. $55.\n average assumptions\n Discount.\n compensation increase."
}
{
    "_id": "d1b2ebbba",
    "title": "",
    "text": "Adjusted Operating Income Insurance\n Pre-tax non-U. S. GAAP financial measures financial performance. Management believes Insurance provide information results insight operating trends comparisons. limitations not calculate companies. read together with Company results U. GAAP.\n Adjusted EBITDA Insurance AOI Pre-tax Insurance AOI performance measures limitations income (loss) operations. GAAP measures. exclude items recurring. Insurance AOI Pre-tax Insurance AOI not alternative to income). GAAP measures.\n defines Pre-tax Insurance AOI adjusted impact income tax (benefit) expense current period. Insurance AOI Pre provide financial metrics understand results profitability. adjustments performance market conditions can overshadow performance. measure impact effective analyzing trends.\ntable shows adjustments Net income Insurance segment Pre-tax AOI.\n Insurance segment revenues gains investment income 2019 2018. adjustments related transactions entities.\n Net income 2019 decreased $105. million to $59. 4 million $165. million. Pre-tax Insurance AOI increased $85. million to $85. million. million. increase driven investment income policy premiums KIC acquisition higher income CGI block growth portfolio reinvestment higher yield assets. decrease policy benefits reserves commissions adjustments higher mortality policy terminations increase contingent non option activity claims activity. offset increase selling administrative expenses headcount additions KIC acquisition.\n Net income Insurance segment $59. $165.\n Effect investment.\n impairment expense.\n Gain bargain purchase.\nreinsurance recaptures.\n Acquisition costs 2. 8.\n 105. 8\n Income tax expense (20. 6\n Pre-tax Insurance $85."
}
{
    "_id": "d1a726af0",
    "title": "",
    "text": "December 31, 2018\n increased $58. 9 million 28%,. Subscription\n returns increased $54. 1 million 27%,. Professional\n services increased $4. 8 million 37%. Growth\n increased demand new existing customers.\n $29. 6 million existing $28. 3 million\n new customers $1. 1 million interest income funds. revenue\n $1. 2 million cross-border transactions technology acquired May 2018.\n 2017\n Subscription returns $254,056 $199,942 $54,114 27%\n Professional services 18 37%\n Total revenue $272,098 $213,159 $58,939 28%"
}
{
    "_id": "d1b319c68",
    "title": "",
    "text": ". Business Overview\n Fleet\n 23 Suezmax crude oil tankers majority built Korea. spot market one longer term charter agreement 2021. vessels homogenous interchangeable same freight capacity cargo.\n Delivered NAT\n Nordic Freedom 159,331\n Nordic Moon 160,305\n Nordic Apollo 159,998\n Nordic Cosmos 159,999\n Nordic Grace 149,921\n Mistral 164,236\n Passat 164,274\n Vega 163,940\n Nordic Breeze 158,597\n Zenith 158,645\n Nordic Sprinter 159,089\n Skier\n Light 158,475\n Cross\n Luna 150,037\n Nordic Castor 150,249\n Sirius 150,183\n Pollux 150,103\n Star\n Space\n Aquarius\n Cygnus\n Tellus"
}
{
    "_id": "d1b36d52a",
    "title": "",
    "text": "Company evaluates assumptions current conditions historical data. discount rate future cash flows December 31. represents market rate high-quality fixed income investments. lower discount rate present value benefit obligations. assumptions include demographic factors retirement mortality turnover.\n table net benefit cost accumulated income Pension Plans\n March 2017 FASB issued ASU 2017-07 Improving Presentation Net Pension Cost Postretirement Benefit Cost. amendments require service cost compensation costs. other components separately. effective periods after December 15, 2017 interim. applied retrospectively service cost pension cost postretirement benefit cost capitalization service cost benefit. amendments use pension postretirement benefit plan note retrospective presentation requirements.\n Years Ended December 31,\n 2019 2018 2017\nService $405 $448\n Interest 254\n (86)\n cost 573 586 594\n Unrealized tax (2,324) (2,256 (1,574)\n $(1,751)(1,670)(980"
}
{
    "_id": "d1b374672",
    "title": "",
    "text": "\n average market value share 2019 350. (2018. shares 31 March 2018 vested vesting period. Options vesting good leavers rules.\n 1 April 35,922 44,431\n Dividend shares awarded 788\n Forfeited (7,950\n,347\n 31 March 5,416 35,922\n Vested 31"
}
{
    "_id": "d1b36b5ae",
    "title": "",
    "text": "Research development\n expense salaries personnel costs products materials services depreciation amortization facilities equipment. programs technology processes reduce costs solar modules.\n table shows expense 2019 2018 2017:\n 2019 increased material module testing costs higher employee compensation.\n thousands 2019 2018 2017\n development $96,611 $84,472 $88,573 $12,139 14% $(4,101)\n net sales. 2%. 8%. 0%"
}
{
    "_id": "d1b336d72",
    "title": "",
    "text": "\n summary\n $21. 5 $16. 3 $51. EMS $2. 6 $16. $82. 4 million DMS $1. 8 million $4. $26. 7 million non-allocated 2019 2018 2017. asset write-off cash settled.\n 2013 Restructuring Plans.\n Employee severance benefit costs $16. $16 $56.\n Lease costs.\n Asset write-off. 16 94\n Other costs.\n restructuring charges $25. $36. $160."
}
{
    "_id": "d1b33d4b0",
    "title": "",
    "text": "CONTRACT BALANCES\n December 31\n change assets to 2019 due to timing invoicing SaaS PCS renewals offset by revenues $674. 2. 2019 business acquisitions increased liabilities $96. 2.\n allocate revenue deferred balance until exceeds.\n Impairment losses immaterial 2019.\n revenue. accrued Consolidated Balance Sheets.\n Unbilled receivables $ 183. 5 $ 169. 14.\n Contract liabilities (840. (714. (126.\n Deferred revenue (33. (29.\n Net contract assets $ (690. 5) (574. (116."
}
{
    "_id": "d1b387560",
    "title": "",
    "text": "Grants Plan-Based Awards 2018\n table executive officers 2018. plan-based cash awards 2018.\n amounts aggregate grant value RSUs RSAs option awards ASC 718. valuation assumptions Notes Consolidated Financial Statements Annual Report Form 10-K year December 31, 2018.\n Name Grant Date Securities Restricted Stock Awards Units Options Price Option Awards$ Fair Value\n. Dorsey\n. Friar 38,159 109,026 44. 75 3,479,299\n. Henry. 3,479,299\n. Reses. 3,479,299\n. Whiteley 16,695 47,699. 1,522,215\n. Daswani,198 187,861\n. Murphy,050"
}
{
    "_id": "d1b3bc90e",
    "title": "",
    "text": "weighted-average grant date VMware stock options due higher options lower market.\n plan volatility stock prices volatilities Class A common stock. expected term patterns post-vesting termination behavior option period. dividend yield zero regular dividends. risk-free interest rate U. S. Treasury instrument.\n Pivotal equity plan volatility companies size cycle profitability growth. expected term estimated simplified method vesting terms exercise terms contractual lives. dividend yield zero regular dividends. risk-free interest rate U. Treasury instrument.\n VMware Employee Stock Purchase Plan January 31, 2020 February 1 2019 2 2018\n Dividend yield None\n Expected volatility 27. 4%. 5%. 6%\n Risk-free interest rate. 7%.\n Expected term.\ngrant $35. 66. $21."
}
{
    "_id": "d1a71c082",
    "title": "",
    "text": "table lists customers Company revenues 10% years 2019 2018\n accounts receivable Customer A totaled $0. 3 million 1% $1. 1 million accounts. Customer B totaled $7. 4 million 36% $0. 2 million 2%. Company exposed credit risk. No other customers accounted 10% or more accounts\n 2019.\n 2019 2018\n % Revenue\n Customer A $3. 8  5% $7. 5 10%\n Customer B $10. 2 13%. 3%"
}
{
    "_id": "d1a73d19c",
    "title": "",
    "text": "Liquidity\n table liquidity\n decrease liquidity to $239. million revolving credit borrowings $48. million payments property rights offset positive cash flows.\n Company Official Payments Corporation $140. million overdraft Bank of America. secured loan timing differences payment settlement. December 31, 2019 $138. 5 million available.\n Cash liquid investments maturities three months. $121. 4 million cash equivalents $49. 2 million foreign subsidiaries. taxes. earnings Indian foreign subsidiaries indefinitely reinvested. permanently reinvested book/tax differences subsidiaries. reverse sales events.\n Cash equivalents $121,398 $148,502\n revolving credit facility 261,000\n Total liquidity $382,398 $648,502"
}
{
    "_id": "d1b2ff73c",
    "title": "",
    "text": "Cash flows 2019 2018 2017\n $9. million $16. 5 million net loss $4. million deferred income taxes. million loss JVP $1. stock compensation $2. depreciation amortization $7. assets liabilities.\n $25. 6 million 2018 $20. 7 million net income. compensation. depreciation amortization $3. warrant liability deferred income taxes $2. million $4. million liabilities.\n $16. 6 million 2017 $22. million income. compensation. depreciation amortization. $2. warrant liability deferred income taxes.\n Investing Activities $3. million securities $24. million property equipment. investment JVP. redemptions $18. 3 $3. sale.\n 2018 $13. 2 million $11. million 2018 Patent Assignment Agreement $1. JVP.\n31, 2017 $2. million Patent Assignment Agreement offset. 1 million JVP fund.\n 2019 financing.\n 2018 $21. 6 million redemption Series A-1 Preferred Stock $19. 9 million. share repurchase offset. 3 million stock options.\n 2017 cash $12. 8 million Series A-1 Preferred Stock $14. 4 million Common Share offering $12. million offset redeeming retiring Series Preferred Stock Financing $13. 8 million.\n cash operating $(9,885) $25,601 $16,586\n investing $(3,822)\n financing"
}
{
    "_id": "d1b31f082",
    "title": "",
    "text": "\n 2018/19 assets operations decreased €709 million €14. 5 billion (30/9/2018 €15. 2 billion.\n 2018/19 non-current assets decreased €141 million €6. 7 billion. property plant equipment. due property sales currency effects increased carrying amount.\n Adjustment.\n Adjusted discontinued business segment.\n consolidated financial statements.\n. 30/9/2018/2019\n Non-current assets 6,877\n Goodwill\n intangible assets\n Property plant equipment\n Investment properties\n Financial assets\n Investments equity\n non assets 24\n Deferred tax assets 329 262"
}
{
    "_id": "d1b2ffca0",
    "title": "",
    "text": "Income taxes. expense rates 2019 2018 effects U. S Tax Reform\n non-GAAP tax expense tax rate excluding special items bonus restructuring charges insight impact. tax expense rate enhance investors analyze performance.\n tax expense 2019 $17. 3 million $94. 6 million 2018. decrease due $85. 9 million impact Tax\n Reform offset increase tax expense intangible low-taxed income provisions\n. expense decreased $10. 5 million\n undistributed earnings foreign subsidiaries reinvested\n.\n $94. 6 million tax expense 2018 included $85. 9 million Tax Reform. $3. 6 million benefit valuation allowance net deferred tax assets.\n Income tax expense $17. $94.\n Accumulated foreign earnings assertion.\n. Tax Reform.\nspecial tax items.\n valuation allowance release.\n-time employee bonus.\n Income tax-GAAP $21. $11."
}
{
    "_id": "d1b324bcc",
    "title": "",
    "text": "table revenue\n Subscriber Solutions Experience Customer Devices. SmartRG represents.\n Network Solutions Services Support\n Access Aggregation $301,801 $57,069 $358,870\n Subscriber Solutions Experience 129,067 134,460\n Traditional Products 27,364 8,583 35,947\n $458,232 $71,045 $529,277"
}
{
    "_id": "d1b305b28",
    "title": "",
    "text": "\n TORM defines intangible fixed assets joint ventures bunkers accounts receivables assets held-for-sale deferred tax trade payables current tax liabilities income. operating profit. development assets liabilities net profit. not calculated\n Accounts receivables Freight receivables Other receivables Prepayments.\n Trade payables.\n Tangible fixed assets 1,782. 1,445. 1,384.\n Investments joint ventures.\n Bunkers 34.\n Accounts receivables 99.\n Assets held-for-sale.\n Deferred tax.\n Trade payables.\n Current tax liabilities.\n Deferred income.\n Invested capital 1,786. 1,469. 1,406."
}
{
    "_id": "d1a73f79e",
    "title": "",
    "text": "Property Plant Equipment\n Depreciation $180. 6 $123. 7 $122. 9 million 2017.\n $83. $73.\n improvements 647. 508.\n Machinery equipment 2,095. 1,943.\n Projects 119. 118\n 2,945. 2,644.\n depreciation amortization 1,949. 1,876.\n $996. $767."
}
{
    "_id": "d1b3c2d68",
    "title": "",
    "text": "CASH FLOWS millions\n restricted cash\n fiscal year March 2019 adopted ASU 2016-18 Statement Cash Flows Restricted Cash. balance restricted cash foreign currency foreign taxing authority\n March\n Effect foreign exchange rate changes cash equivalents.\n decrease cash equivalents (472. (1,184.\n restricted cash period 901. 908. 2,092.\n end $428. $901. $908."
}
{
    "_id": "d1b311716",
    "title": "",
    "text": "ADVANCED INDUSTRIES. FINANCIAL STATEMENTS\n pension plan discontinued operations. liabilities expenses Balance Sheets Statements.\n pension benefit cost\n Ended December 31,\n Service cost $272 $841\n Interest cost 1,211 802\n return assets (615) (597)\n Amortization gains losses 411 478\n Net pension cost $1,279 $1,456 $715"
}
{
    "_id": "d1b361e0a",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n recorded loss. pension plans tax\n.\n Balance January 1 2018 $75,740 $1,898\n Amortization retirement benefits (4,538)\n actuarial gain\n Foreign exchange\n ASU 2018-02\n Balance January 1 2019 $95,494 $1,916\n Amortization retirement benefits (4,060\n (2,604)\n Balance December 31, 2019 $88,830 $1,900"
}
{
    "_id": "d1b320608",
    "title": "",
    "text": "3—ACQUISITIONS DIVESTITURES\n Sale CGD Services\n April 18, 2018 stock purchase agreement Nova Global Supply Services Valiant CGD Services business. conditions discontinued operations second quarter 2018. recognized $6. 9 million loss excess net assets CGD Services less estimated sales price costs.\n sale closed May 31, 2018. Purchaser $135. 0 million cash adjusted estimated working capital CGD Services. third quarter 2018 received $133. 8 million receivable settlement. balance receivable $3. 7 million September 30, 2018. 2019 revised estimates. reduced receivable $1. 4 million recognized loss sale CGD Services 2019. remaining working capital settlement estimates settled.\n eligible additional cash payment $3. 0 million earn-out conditions government contracts. No receivable earn conditions.\nCGD Services discontinued May 31, 2018. net income discontinued operations\n Ended September 30\n Net sales 262,228 378,152\n Costs expenses\n sales 235,279 342,819\n Selling expenses 11,365 17,487\n Amortization intangibles 1,373 2,752\n Restructuring costs\n Other income\n Earnings before taxes 14,219 14,932\n Net loss sale 1,423,131\n Income tax provision 3,845\n,243 14,531"
}
{
    "_id": "d1b349198",
    "title": "",
    "text": "Restructuring\n October 2019 plan costs advanced technologies. workforce reduction 5% closure. office facilities. second fiscal quarter 2020. recorded restructuring expenses $2. 5 million fourth quarter 2019\n December 31, 2019 accrued unpaid restructuring costs $1. 5 million Consolidated Balance Sheets\n Cost revenue Sales marketing Research development restructuring expense\n Employee severance payroll taxes\n Facilities closure expenses.\n Legal fees.\n"
}
{
    "_id": "d1b35f272",
    "title": "",
    "text": "EXPENSE\n 2018 Cogeco Peer 1 discontinued operations. operations.\n 2019 fourth-quarter expense decreased. 2% reimbursements $65 million US$35 million Canadian Revolving Facility US$328 million sale Cogeco Peer 1 lower debt interest rates First Lien Credit Facilities appreciation US dollar Canadian dollar.\n months August\n Interest long-term debt 41,307 46,127.\n foreign exchange losses\n Amortization deferred transaction costs.\n Capitalized borrowing costs.\n."
}
{
    "_id": "d1b385c38",
    "title": "",
    "text": "CAPITAL.\n Shares warrants service providers\n August 17, 2017 issued Anthony Fiorino former CEO consulting services 4,327 shares stock 2014. Plan eight quarterly installments November 17, vested second anniversary.\n December 31, 2019 2018 $25 $102.\n March 26, 2019 issued legal advisor shares Common Stock. 2018 legal services. general administrative expense.\n May 23, 2019 granted former director option 2014 Global Plan purchase 4,167 shares Common Stock price share $0. 75. option fully vested exercisable grant.\n Stock-Based Compensation Expense\n.\n Research development\n General administrative\n"
}
{
    "_id": "d1b33b534",
    "title": "",
    "text": ". Cash equivalents\n accounting policies balances convertible cash subject insignificant risk value original maturity three months. held amortised cost fair value. consolidated cash flow statement defined above bank overdrafts. loans borrowings.\n IFRS 9 1 April 2018 new classifications financial instruments. equivalents loans receivables IAS 39 financial assets amortised cost IFRS 9. accounting carrying amounts.\n include restricted cash £44m £40m held countries. remaining balance £4m held escrow accounts.\n Cash bank hand 495   469\n Cash equivalents\n US deposits 3  26\n UK deposits 1,132\n Other deposits 36\n Total cash equivalents 1,171 82\n 1,666  528\noverdrafts (72) (29)\n 1,594 499"
}
{
    "_id": "d1b3929ec",
    "title": "",
    "text": "fair value plan assets Note 20 May 27, 2018\n Level 1 assets valued prices. include common stock. mutual funds units real estate trusts traded priced.\n 2 valued inputs prices yield curves indices. fixed income securities data.\n 3 market pricing estimated unobservable inputs.\n assets measured share not. long-term varying redemption availability. $51. 0 million May 26, 2019 managers impose redemption gates redemption. $4. 2 million imposed gates.\n unfunded commitments $48. 3 million private equity $17. 0 million natural resources funds. unfunded commitments plan assets.\n Consolidated Financial Statements Fiscal Years Ended May 26, 2019 May 27, 2018 May 28, 2017\n 1 3\n\n Cash equivalents $1. $65.\n Equity securities\n. 319.\n International equity securities 256. 257.\n Fixed income securities\n Government bonds 1,854.\n Corporate bonds.\n Mortgage-backed bonds.\n Real estate funds.\n limited partnerships.\n receivables unsettled transactions.\n value pension plan assets $596. $2,058. $2,655.\n Investments net asset value 700.\n pension plan assets $3,355."
}
{
    "_id": "d1b372c46",
    "title": "",
    "text": "Alternative Performance Measures\n Unlevered Free Cash Flow\n exceptional items capital expenditure. cash generation supplemental liquidity.\n Year-ended 31 March 2019 March 2018\n Net cash flow 142. 147\n Exceptional items.\n Net capital expenditure.\n Unlevered free cash flow 123."
}
{
    "_id": "d1b2f0a70",
    "title": "",
    "text": "\n table 5% securities directors officers April 27, 2020.\n Amount Percent\n Garo. Armen 4,741,323\n Robert. Stein 502,500\n Khalil Barrage 380,000\n Alexander. Arrow 671,799\n Larry. Feinberg. Greenwich 800,000\n Brian. Corvese 145,000\n David. Lovejoy 668,037\n Josh Silverman 140,000\n Strategic Bio Partners Third Avenue 1,895,945 17%\n directors officers 6,580,622 44%"
}
{
    "_id": "d1b3b5c94",
    "title": "",
    "text": "Note 8. Property Plant Equipment\n December 31, 2019 2018\n lives leasehold building improvements estimated life shorter.\n Depreciation expense operations $12,548 $12,643 $9,028 $9,189 internal software.\n capitalized software $3,800 $6,690.\n Useful life 2019 2018\n Computer equipment software 14,689 14,058\n Furniture equipment 2,766 3,732\n Leasehold building improvements 7,201 7,450\n Construction progress\n 25,605 25,240\n Accumulated depreciation amortization (19,981 (17,884\n 7,356\n 33,351\n 2,973\n (25,853)\n 10,471 15,622\n $16,095 $22,978"
}
{
    "_id": "d1b343e64",
    "title": "",
    "text": "net sales APAC 2019 2018\n APAC decreased 4% 2% foreign currency $6. 7 million 2019 2018. increases hardware services offset decrease software.\n expansion hardware higher sales.\n cloud declines software.\n Higher volume cloud software referral fees impacted services sales. contributions Insight increased sales digital innovation solutions.\n Sales Mix 2019 2018 %Change\n Hardware $34,965 $29,496 19%\n Software 92,988 107 (13%)\n Services 52,288\n $180,241 $186,914"
}
{
    "_id": "d1b368d7c",
    "title": "",
    "text": "Employee Stock Purchase Plan\n maximum shares 2011 12,000,000.\n Employees participate after 90 days. purchase common stock payroll deductions not exceed 10% compensation price equal 85% fair value stock. Section 423 Internal Revenue Code. August 31, 2019 3,397,019 shares 2011 ESPP.\n fair value estimated Black-Scholes option pricing model. weighted-average assumptions\n expected volatility estimated historical volatility common stock.\n Fiscal Year Ended August 31,\n dividend yield. 6%\n Risk-free interest rate. 3%.\n. 6%\n life. 5."
}
{
    "_id": "d1b30c9a0",
    "title": "",
    "text": "Expense\n 2019 results impacted Red Hat acquisition activity.\n expenses operational spending interest debt amortization assets retention legal advisory fees.\n expense increased 2. 8 percent driven higher spending Red Hat operational investments interest acquisition activity lower IP income offset lower non retirement costs activity. operating (non-GAAP expense increased. 1 percent driven higher acquisition activity retirement costs.\n December 31.\n consolidated expense $26,322 $25,594 2. 8%\n Non-operating adjustments\n Amortization intangible assets.\n Acquisition-related charges\n Non-operating retirement.\n-GAAP expense $24,533 $23,569.\n consolidated expense-to-revenue ratio 34.32. 2%\n-GAAP expense-revenue 31. 8%."
}
{
    "_id": "d1b33f95e",
    "title": "",
    "text": "Management Discussion Analysis\n constant exchange rates Australian Dollar United States Dollar Rupee Indonesian Rupiah Philippine Peso Thai Baht 31 March 2018. net profit items.\n Group. core businesses gained market share mobile Singapore Australia. Amobee Trustwave regional associates. digital ecosystems payments gaming esports.\n. businesses gained market share mobile. Amobee Trustwave regional associates. digital ecosystems payments gaming esports.\n operating revenue grew 3. 7% ICT digital services equipment sales. EBITDA down 3. 9% services price erosion. 6% depreciation Australian Dollar revenue stable EBITDA declined 7. 1%.\n Depreciation amortisation charges fell. 2% rose. 7% increased investments mobile infrastructure spectrum spending.\nEBIT contributions declined 12%. 2%.\n EBIT declined 12%.\n associates network spectrum content. Pre-tax contributions declined 38% due Airtel Telkomsel. Airtel losses pricing Indian mobile. competition EBIT S$4. 01 billion down 24% last year.\n Net finance expense up 2. lower dividend income Southern Cross higher interest expense borrowings.\n net profit declined 21%. S$2. 03 billion divestment NetLink Trust. net profit S$3. 10 billion down 44% last year.\n profit declined 21%. S$2. billion divestment NetLink. profit S$3. 10 billion down 44% last year.\n diversified earnings base expansion investments overseas.operations outside Singapore three-quarters revenue EBITDA.\n financial position cash flow strong 31 March 2019. Free cash flow up. 2% S$3. 65 billion.\n Financial Year ended 31 March\n Operating revenue 17,372 17,268.\n EBITDA 4,692 5,051 -7.\n EBITDA margin 27.\n pre-tax profits 1,536 2,461.\n EBIT 4,006 5,261.\n-tax profits 2,470 2,801.\n Net finance expense (355).\n Taxation (1,344.\n net profit 2,825 3,593.\n earnings per share.\n Exceptional items-tax 1,880.\n Net profit 3,095 5,473.\n earnings per share 19.-43.\n post-tax profits 1,383 1,823."
}
{
    "_id": "d1b370540",
    "title": "",
    "text": "ITEM 6. SELECTED FINANCIAL DATA\n consolidated statements December 31, 2019 2018 2017 balance sheet data derived from audited statements. 2016 2015 balance derived from not. historical results not indicative future. data read with Item 7. Discussion Analysis Financial Condition Results Operations consolidated financial statements information. tables consolidated financial data December 31, 2019 2018 2017 2016 2015 thousands except share data.\n prior Item 1. Business. $28. 0 million expense 2018 agreement legal matter Telephone Consumer Protection Act Item 3. “Legal Proceedings. $1. 7 million interest income $6. 9 million gain other income 2019 promissory note proceeds Item 7. \"Management’s Discussion Analysis Financial Condition Results Operations.\nreported amounts in statements years December 31, 2018 2017 2016 2015 reclassified interest income separate line item included in other income.\n measure SaaS license revenue renewal rate 12-month dividing total revenue Alarm. by no terminations service upgrades downgrades. renewal rate represents residential commercial properties. annualized percentage. service provider partners three to five-year service contracts. rate calculated across subscriber base Alarm. including not estimate rate. revenue renewal rate ability retain grow revenue lifetime value subscriber base.\n define Adjusted EBITDA as net income before interest expense other income income taxes amortization depreciation expense stock-based compensation acquisition-related expense legal costs settlement fees non-ordinary intellectual property litigation. not indicative of core operating performance.non-cash items amortization depreciation stock-based compensation. 2015 compensation $0. 8 million repurchase employee's stock. legal expenses intellectual property license agreements. Adjusted EBITDA not GAAP. EBITDA net income.\n Ended December 31,\n 2018 2017 2016 2015\n Financial Data\n SaaS license revenue renewal 94%\n Adjusted $108,307 $93,081 $71,628 $49"
}
{
    "_id": "d1b32cc6e",
    "title": "",
    "text": "SHARE-BASED PAYMENTS\n option schemes Fair value\n directors Binomial Model value expensed vesting period. average value 31 December 2019 HKD123. 82 per share RMB106. 09 share HKD127. 43 per share RMB103. 46.\n risk free rate dividend yield expected volatility Binomial Model.\n expected volatility average daily price volatility.\n average share price grant date HKD373. 33 HKD405.\n Risk free rate.\n Dividend yield. 25%\n Expected volatility."
}
{
    "_id": "d1a72f100",
    "title": "",
    "text": "Note 17 Earnings (Loss) per Share\n basic diluted earnings December 2019 2018 2017\n 5. 7 million 2. 5 million unvested stock options PSUs RSUs restricted stock excluded anti-dilutive effect.\n 2017 3. 2 million stock options outstanding included prices greater average market anti-dilutive stock method.\n 2019 2018\n Net Income (Loss $(52,982) $(19,342) $23,840\n average shares—basic 47,836 47,880 48,153\n dilutive securities\n Restricted stock units\n 47,836\n Earnings (loss) per share—basic.\n."
}
{
    "_id": "d1b2e4072",
    "title": "",
    "text": "financial information tables\n Revenues Corporate Other deferred purchase accounting adjustments GAAP.\n Operating expenses equity-based compensation payroll taxes $51. 7 million $51. 4 million $19. 2 million years December 2019 2018 2017.\n Depreciation amortization incremental adjustments purchase accounting.\n Transition integration costs executive transition acquisitions.\n Receivables related parties Corporate Other.\n December 31, 2018\n Data Analytics\n Revenues $962. $154. $1,114.\n Expenses\n Operating 394. 115. 625.\n Transition integration costs 6.\n EBITDA 567. 482.\n Depreciation amortization 112.\n Operating income (loss 454. 25. 265.\n Interest expense.\n Other.\ntaxes 206.\n tax 37.\n earnings $168.\n assets $3,227. $310. $115. $3,653.\n $2,157. $172. $2,329."
}
{
    "_id": "d1b39c942",
    "title": "",
    "text": ". Accumulated Loss\n Reclassifications gains losses-sale debt securities. Note 3 Instruments reclassifications derivative instruments. Reclassifications defined benefit pension components. Note 15 Benefit Plans.\n Unrealized Gains Derivative Instruments Sale Securities Benefit Pension Components Foreign Currency Translation Adjustments\n Balances January 31, 2017 $14. 6 $1. 5(33.(160.(178.\n income reclassifications (24. 4. 86. 65.\n Pre-tax losses reclassified income (9.\n 3.\n income (31. 4. 81. 54.\n Balances January 31, 2018 (16. 1 (29.\n income reclassifications 20. 14. (58 (22.\nPre-tax gains income 12. 1. 13. 7\n Tax effects. (2.\n income 31. 6 2. 13. 8) (11.\n Balances January 31, 2019 $15. $3."
}
{
    "_id": "d1b36f74e",
    "title": "",
    "text": "Effect ASC 606 December 31, 2018\n effect adopting ASC 606 Consolidated Balance Sheet\n ASC receivables $172. $6. $179.\n Prepaid expenses assets 67. 52.\n 6. 11.\n software 405. 401.\n Deferred contract costs 161. (17 144.\n non-current assets 125. 118.\n 3,653. 3,622.\n Deferred revenues 52. 4 57.\n revenues 106. 102.\n Deferred income taxes 220. 212\n liabilities 1,866. 1,858.\n earnings 381. 358.\n 1,786. 1,764.\n liabilities 3,653. 3,622."
}
{
    "_id": "d1b308a76",
    "title": "",
    "text": "Original Equipment Manufacturers end-customers marketing engineering support Distribution distributors representatives.\n fourth quarter revenues Distribution 28% total revenues flat decreasing year-over-year.\n Three Months Ended\n December 31, 2019 31, 2018\n OEM 72% 69%\n Distribution\n 100%"
}
{
    "_id": "d1b3c2228",
    "title": "",
    "text": "Earnings per share calculated two-class method common stock participating securities capital structure. Unvested share-based awards non-forfeitable rights dividends participating securities.\n shares unvested restricted stock participating securities. dilutive effect options equivalents non stock computed \"treasury\" method.\n no dilutive common share equivalents December 31, 2019 loss. shares excluded diluted EPS 2018 2,168,454 warrants stock,960 unvested restricted stock awards,760 convertible preferred stock.\n net income (loss) basic diluted EPS calculations\n Net (loss income common stock participating stockholders.\n Earnings common shares\n shares\n Weighted-average common stock.\n Unvested restricted stock.\nPreferred stock 2. 4. 9\n 47. 49. 6\n loss\n 94. 3 % 89. 3 %\n Unvested restricted stock 1. 3 %. 8 %\n Preferred 4. 4 % 9. 9 %\n Net income common stock. $139.\n Distributed Undistributed earnings Shareholders\n assumed shares.\n dilutive subsidiary securities\n Net income common stock. 135.\n dilutive earnings share\n average shares 44.\n assumed shares.\n. 46.\n Net (loss income participating security holders.\n Diluted."
}
{
    "_id": "d1b328bdc",
    "title": "",
    "text": "2019 2018 2017 Company recorded charges $5. 1 million $3. 4 million $1. 2 million losses 10% pension liability.\n recorded expense $0. 3 million restructuring. 6 million $4. million. 1 discontinued $1. 9 million restructuring multi plan withdrawal costs.\n changes assets benefit obligations\n Consolidated Financial Statements Years May 26, 2019 27, 2018 28, 2017\n Pension Benefits\n Net actuarial gain $(72. $120. $25. $16.\n.\n Amortization service cost.\n Settlement curtailment loss.\n Recognized net actuarial loss.\n. $(65. $127."
}
{
    "_id": "d1b310bc2",
    "title": "",
    "text": "GasLog. Subsidiaries\n consolidated financial statements\n 2017 2018 2019\n. Dollars\n. Equivalents\n Ship management accounts GasLog. obligations. compensating balance current liability.\n December\n 2019\n accounts 220,089 113,655\n deposits maturities three months. 121,925 149,491\n Ship management accounts\n,594 263,747"
}
{
    "_id": "d1b3aeeda",
    "title": "",
    "text": "Return invested capital\n. value encourages reinvestment low returns long payback. calculated operating profit after tax divided average goodwill intangible assets property equipment assets inventories receivables liabilities.\n Restated IFRS 16. note 1 24.\n reconciliation page 30.\n Tax tax multiplied tax rate 25. 5%. 7% page 30.\n million 2019 2018\n profit before tax\n (2\n tax\n Goodwill 18,067\n Intangible assets 12,962\n Property plant equipment\n Net assets\n Inventories 4,164\n receivables 6,695\n liabilities (14\n Period-end invested capital 39,263 38,015\n Average 38,639\n Return. 2%. 1%"
}
{
    "_id": "d1b315816",
    "title": "",
    "text": "Summary Share-Based Compensation Expense\n stock options purchase rights restricted stock RSUs.\n July 27, 2019 compensation cost unvested awards $3. 3 billion 2. 8 years.\n 27, 2019 2018\n Cost sales—product $90 $94 $85\n 130\n compensation expense.\n Research development.\n Sales marketing\n General administrative\n Restructuring charges\n operating expenses 1,371\n $1,591 $1,599 $1,529\n Income tax benefit. $542"
}
{
    "_id": "d1b33ddac",
    "title": "",
    "text": "Results Operations Consolidated Financial Statements expense loss sale disposal assets lease termination costs impairment expense retirement obligations FCC reimbursements. table summarizes results compares change periods.\n Net revenue Construction segment 2019 decreased $3. 1 million to $713. 3 million from $716. 4 million 2018. lower revenues structural steel fabrication erection projects. offset acquisition GrayWolf higher revenues construction modeling detailing.\n Cost revenue Construction segment 2019 decreased $28. 1 million to $572. 3 million from $600. 4 million 2018. activity. offset costs acquisition GrayWolf.\n expenses Construction segment 2019 increased $12. 9 million to $79. 8 million from $66. 9 million 2018. due increases salary benefits operating expenses acquisition GrayWolf.\nDepreciation amortization Construction segment increased $8. 1 million $15. 5 million $7. 4 million. due amortization intangibles GrayWolf assets.\n decreased $0. 8 million $0. 6 million $0. 2 million. due gains losses sale land assets.\n Net revenue $713. $716.\n Cost revenue 572. 600.\n Selling administrative 79. 66. 12\n Depreciation amortization 15. 7.\n Other operating expense 0.\n Income operations 45. $41. $3"
}
{
    "_id": "d1b359b92",
    "title": "",
    "text": "Comprehensive Income includes net income currency translation adjustments derivative activity value-for-sale investments Accounting Standards Update 2016-01) service cost gains pension postretirement health care plans. foreign investments taxes currency adjustments converting. dollars. estimated taxes deferred tax liability adjustments.\n table accumulated balances income net tax\n unrealized gains-sale securities earnings ASU 2016-01 stranded tax effects rate ASU 2018-02 $0. 6 million $17. 4 million.\n Consolidated Financial Statements Fiscal Years Ended May 26, 2019 28, 2017\n Currency translation losses reclassification adjustments.\n Derivative adjustments.\n Unrealized gains available-for-sale securities.\n Pension post-employment benefit obligations reclassification adjustments.(112.\n loss(110. 3). 5)."
}
{
    "_id": "d1b3a47d2",
    "title": "",
    "text": "Non-marketable investments\n measured fair value market data. Financial information fair value information measurement date.\n table reconciliations Level 3 instrument values\n transfers Level 3 public offerings 2019. no transfers between 2018.\n-marketable investments\n.\n Balance June 30, 2017\n Purchases 87,700 (177,907)\n Gains (losses\n non-operating income 12,232 (24,646\n Balance June 30, 2018 99,932 (202,553)\n unrealized gains (losses assets liabilities June 30 2018\n income,232\n Balance 30 $99,932\n Purchases\n Transfer out\n Gains (losses\n non-operating income 114,665 (648,573\nJune 30 2019 $214,597(851,126\n unrealized gains assets liabilities\n income 114,665 (648,573"
}
{
    "_id": "d1b342e92",
    "title": "",
    "text": "statement income\n year ended 31 March 2019\n Group adopted IFRS 9 15 Contracts 16 1 April 2018. year 31 March 2018 restated IFRS 16 retrospective method. impact change accounting policies note 2 consolidated financial statements.\n Profit 197.\n income\n Items reclassified profit loss\n Exchange differences foreign operations.\n not reclassified profit loss\n post-employment benefit obligations.\n income net tax.\n income equity holders."
}
{
    "_id": "d1a712532",
    "title": "",
    "text": "reconciliation unrecognized tax benefits\n provision uncertain tax positions outside US.\n interest penalties tax expense. financial position liquidity.\n subject US federal income tax state foreign jurisdictions UK. Federal income tax returns 2016 2019. State tax returns 2015 2019 years.\n audit United Kingdom December 2017. no ongoing audits foreign tax jurisdictions.\n Year Ended December\n Balance January 1 $1,402 $1,271\n Increases\n Decreases (1,402)\n Balance December 31 $1,402 $1,271"
}
{
    "_id": "d1b3a60dc",
    "title": "",
    "text": "\n Adjusted cash. Note 2 Financial Statements.\n cash fell £4. 8 million £238. 1 million (2018 £242. 9 million 84% cash conversion. Aflex facility 90%.\n.\n Capital additions increased £19. million. £15. 7 million new factory Aflex Hose locations production Pharmaceutical products.\n £6 million 2020.\n capital expenditure £65 million OPAL Steam Specialties. efficiency flexibility.\n Tax increased £16. 8 million £78. 4 million. Free cash flow £154. 3 million (2018 £174. 6 million capital expenditure tax.\n Dividend payments £76. 3 million £67. 3 million final 2018 interim dividend 2019.\n cash outflow £137. 6 million acquisition Thermocoax £0. 9 million distribution rights.share purchases new employee schemes cash outflow £12. 5 million (2018 £5. 0 million.\n acquisition Thermocoax net debt increased £235. 8 million to £295. 2 million 31st December 2019 £59. 4 million. debt to EBITDA ratio 0. 9 times (2018. times excluding IFRS 16. EBITDA Note 2 debt Note 24.\n Income Statement Financial Position exposed currencies.\n direct sales business model local units. currency exposures managed Treasury Policy forward contracts transactions. exposures euro US dollar Chinese renminbi Korean won. mitigation regional manufacturing overhead costs local currencies.\n Board capital requirements strong financial position. high return capital strong cash generation. capital allocation policy unchanged. investment growth performance indicators.Acquisition targets strategic commercial economic return criteria. cash resources requirements return capital shareholders special dividends 2012 2014. reduce financial leverage returns.\n Cash flow\n Adjusted operating profit 282. 264\n Depreciation amortisation.\n Depreciation leased assets.\n Cash payments pension schemes operating profit.\n Equity share plans.\n Working capital changes.\n Repayments lease liabilities.\n Capital additions.\n Capital disposals.\n Adjusted cash 238. 242\n Net interest.\n Income taxes.\n Free cash flow 154.\n Net dividends (76.\n Purchase employee benefit trust shares.\n/Disposals subsidiaries.\n Cash flow.\n Exchange.\n net debt. (373.\n 31st December IFRS 16 (295..\n IFRS 16 lease.\n debt lease liability 31st."
}
{
    "_id": "d1b3c540a",
    "title": "",
    "text": "Derivatives financial instruments\n Interest rate risk profile assets\n 31st December\n assets no interest earned trade receivables cash bank.\n Floating fixed rate assets cash bank deposit.\n Fixed Floating no interest earned\n 29. 28.\n 115. 1 16 97.\n dollar 98. 16 81.\n 42. 11. 30.\n 146. 5. 10. 130.\n 431. 9 6. 55. 369."
}
{
    "_id": "d1b39444a",
    "title": "",
    "text": "\n €1. billion working capital improvement 2019 disposal spreads. margin improvement 5-S savings. marketing efficiencies zero-based-budgeting programme.\n IFRS 16. note 1 24.\n measures not defined IFRS.\n commentary non-GAAP\n pages 27 32.\n cash outflow investing €2. 2 billion €4. billion €7. billion disposal spreads.\n outflow financing €4. 7 billion €12.\n billion. €6. billion repurchase\n shares. 2019 repayments €1. billion higher\n.\n Operating profit\n Depreciation amortisation impairment\n Changes working capital\n Pensions obligations\n Elimination disposals\n Non-cash charge share-based compensation\n adjustments\n flow\n Income tax\n Net capital expenditure\ndividends (548)\n Free cash 6,132 5,433\n (2,237) 4,644\n financing,113"
}
{
    "_id": "d1b35bb18",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. FINANCIAL STATEMENTS U. S. dollars except share data\n discontinued operations December 31, 2019 2018\n Navios Containers control November 2018 ASC 805 recalculation equity interest fair value gain statements. excess Navios net assets $229,865 over shares $171,743 bargain gain $58,122. fair value 34,603,100 shares determined closing share price $4. 96.\n interest Containers $6,078 remeasured fair $6,269 gain $191 gain consolidated statements.\n results operations Navios Containers statements conversion. limited partnership November 30, 2018.\n January 1 to August 30, 2019 November 30 December 31, 2018\n Revenue $89,925 $12,053\ncharter terminal (3,976)\n vessel (44,088)\n (6,706)\n Depreciation amortization (22,858\n Interest finance (10,519)\n (5,896)\n discontinued operations,118 $752\n noncontrolling $3,968\n Navios Holdings(150"
}
{
    "_id": "d1b343220",
    "title": "",
    "text": "Assets not allocated. amortization depreciation included overhead allocation impracticable identify.\n Long-lived assets instruments classified location company countries over 10%\n United States $ 55,252 $ 44,501 42,730\n Ireland 12,958 12,843,889\n Other countries 25,422 22,538 19,898\n $ 93,632 $ 79,882 75,517"
}
{
    "_id": "d1b2e7e84",
    "title": "",
    "text": "EMPLOYEE NUMBERS\n Full-time 30/9\n METRO.\n 86,239 82,979\n Germany 11,816\n Western Europe. 24,073\n Russia 13,884\n Eastern Europe. 28,264 27,589\n Asia 7\n,067\n 94,018 90,883"
}
{
    "_id": "d1b2eec20",
    "title": "",
    "text": "LIABILITIES\n Company Finjan Blue Patent Assignment Agreement IBM.\n December 31,\n current $2,000 $1,500\n non-current 1,799 3\n $3,799 $4,963"
}
{
    "_id": "d1b324ffa",
    "title": "",
    "text": "Depreciation Amortization\n table depreciation segment\n Corporate adjustments purchase accounting GAAP.\n increase driven new clients accelerated amortization deferred contract costs hardware software.\n Year December 31,\n Software Solutions $123. $112. $11. 10%\n Data Analytics 15. 14. 13%\n Corporate 96. 90. 6. 7%\n $236. $217. 19."
}
{
    "_id": "d1b38d0fa",
    "title": "",
    "text": "changes in common shares Omnibus Incentive Plan Predecessor Plans\n December 31, 2018 1,478 restricted stock shares issued (5,024) forfeited. reflects activity difference between issued.\n Director units granted deferred include share-settled dividends.\n Omnibus Incentive Plan 2005 Contingent Stock Plan permit withholding taxes charges.\n table excludes. 2 million contingently issuable shares under PSU SLO awards maximum shares December 31, 2019.\n record share-based incentive compensation expense expenses Consolidated Statements Operations equity liability. credit to additional paid-in capital deficit current liability fair value. expense remeasured to fair value reporting period. expense credit expected cost program. PSUs earned may equal targeted performance criteria.\n\n 4,489,347 3,668,954 5,385,870\n Shares Omnibus Incentive Plan 2,199,114\n (571,438 (480,283)\n 105,960 184,235\n awarded (819,808) (351,946)\n forfeited 96,534 64,122 288,801\n 2014 PSU Awards (658,783 (749,653\n 2015-Year PSU Awards (129,139\n units Awards,195,478 (44,254)\n forfeited 1,580\n shares granted,491\n withheld 249,368 94,624 101,767\n end 4,048,509,489,347 3,668,954"
}
{
    "_id": "d1b365320",
    "title": "",
    "text": "Quarterly Results\n table unaudited quarterly financial information 2019 2018 years. statements adjustments included. results not indicative future.\n Includes acquisition integration charges $17. 6 million $13. 4 million $12. million $8. million $8. 1 million August May.\n Includes$13. 3 $111. 4 million $30. 9 million income tax expense.\n distressed customer charge $6. 2 million $18. million $14. 7 million.\n Includes $32. 4 million stock-based compensation expense restricted stock units one-time cash settled award months November 30, 2017.\n Fiscal Year 2018\n Months\n August 31, May 31, February 28, November 30\n Net revenue $5,771,831 $5,436,952,585,532\n442,147 398,227 397,133,285\n Operating 153,896 112,971 129,532 145,754\n Net (56,608) 42,702 37,528 63,919\n Jabil Inc.,314) $42,541 $37,308 $63,795\n earnings share stockholders Jabil.\n.\n."
}
{
    "_id": "d1b371440",
    "title": "",
    "text": "Revenue\n revenue product category\n Software hardware scanner. Service revenue SaaS maintenance consulting services.\n Twelve Months Ended September 30\n Deposits software hardware $41,860 $33,071 $25,407\n service 15,170 8,437\n 57,030 41,508 32,370\n Identity verification software hardware 4,985\n service 22,575 14,424 8,780\n 27,560 22,051\n $84,590 $63,559 $45,390"
}
{
    "_id": "d1b33d15e",
    "title": "",
    "text": ". INCOME TAXES\n profit loss\n December 31,\n Netherlands (4,128 (28,409)\n countries (6,374 (9,011\n (10 (37,420)\n Deferred\n (9,370\n (15,436,650"
}
{
    "_id": "d1b37c4d0",
    "title": "",
    "text": "reconciliation tax rate federal rate\n 2019 2018 (3. 4%. 8%) impact related uncertain tax positions.\n 2019 Company expense income taxes $11. million effective tax rate (3. 8)%. different. federal tax rate due stock-based compensation decision Altera Corp. Commissioner. full valuation allowance. deferred tax assets income/losses foreign jurisdictions pretax losses jurisdictions tax benefit.\n Year Ended December 31,\n Tax federal statutory rate 21. 35.\n State taxes federal effect.\n Foreign rate differential.\n Tax credits.\n Domestic production activities deduction.\n Stock-based compensation.\n Change prior year reserves.\n Change valuation allowance.\n Effect change tax rate Act.\n.\n Effective tax rate (3."
}
{
    "_id": "d1b369f60",
    "title": "",
    "text": ". FINANCIAL CONDITION RESULTS\n Performance Summary. table presents consolidated financial data years\n-GAAP metric Invested Capital Return Exhibit.\n. 2019 increased $290. million. 1% 2018.\n analyzed geographic sector. measures performance allocates resources. business development strategy targeted market sectors.\n Net sales $3,164. $2,873.\n Cost sales 2,872. 2,615.\n Gross profit 291. 257.\n margin.\n Operating income 142.\n.\n.\n expense.\n income 108.\n earnings per share $3.\n Return invested capital 13.\n Economic return 4."
}
{
    "_id": "d1b389496",
    "title": "",
    "text": "\n Revenue\n United States 56% 58% revenue 2019 2017. Kingdom $159. million $196. million 11% 12%. less 10% 2018. country 10%. December long-lived assets outside States $27. million $36. million.\n $799,016 $880,534 $944,052\n Americas 94,961 101,282 116\n Europe Middle East Africa 410,485,196\n Asia Pacific 130,326 145,971\n $1,434,788 $1,511,983,615,519"
}
{
    "_id": "d1b33a3fa",
    "title": "",
    "text": "2019 $1,203 million $197 million 2018 price higher R&D spending offset grants currency hedging.\n 2018 $1,400 million improved $395 million higher lower restructuring charges offset currency hedging expenses.\n December\n income $1,203 $1,400 $1,005\n net revenues. 6%. 5%."
}
{
    "_id": "d1a71ca46",
    "title": "",
    "text": "table presents franchise revenues costs fiscal\n Franchise rental revenues increased $13. million. 3% 2019 restaurants same-store sales. leased refranchising contributed revenues $12. 4 million 2019.\n rental revenues $272,815 $259,047\n Royalties 163,047\n fees\n 170,674\n revenues $613,300 $421,632\n occupancy expenses $166,584 $158,319\n support\n 178,093\n costs $356,787 $169,912\n revenues. 2% 40.\n Average franchise restaurants 2,081\n increase. 6%\n Franchised restaurant sales $3,167,920 $3,018,067\n $1,523 $1,488\n Increase same-store sales. 3%.\n Royalties sales."
}
{
    "_id": "d1b2f7e88",
    "title": "",
    "text": "\n sales decreased $1. 5 million -10% 2019 compared 2018. adopted ASC 606 standard January 1 2018 modified retrospective method. Historical sales recorded gross principal. new standard agent control hardware. January 1 2018 hardware revenue net cost reduces revenue cost. ASC 606 hardware revenue net cost periods.\n majority hardware sales Americas segment. dependent customer desires.\n December\n Change. Prior Year\n Revenue (Pre ASC 606 Adoption $44,972 -10%\n Cost -32,455\n Revenue (Post ASC 606 Adoption $12,517 $13,967 -10% 27%"
}
{
    "_id": "d1a71ac1e",
    "title": "",
    "text": ". Provisions post-employment benefits plans obligations\n recognised IAS 19.\n company pension plans. employer external providers. external providers’ assets finance pension entitlements plan assets. benefits based performance length service.\n important performance-based pension plans.\n € million 30/9/2018 30/9/2019\n  414\n indirect commitments 12\n voluntary pension benefits\n 71\n 427 509\n obligations similar pensions 41\n 468 543"
}
{
    "_id": "d1b3306a2",
    "title": "",
    "text": "Earnings Per Share\n net income per share ON Semiconductor Corporation\n income by average shares.\n shares stock options RSUs treasury stock method. awards anti-dilutive excluded from income.\n anti-dilutive awards approximately 0. 8 million 0. 6 million 0. 2 million December 31, 2019 2018 2017.\n dilutive impact 1.% Notes. 625% Notes determined net share settlement requirements into cash value excess convertible into common stock.\n if average price common stock exceeds $ 25. 96 per share. or $30. 70 per share. additional potential shares included in diluted shares.\n convertible note hedges not anti-dilutive. offset dilutive effect. when stock price above $18. 50 per share.$20. share. 625%.\n December 31,\n Net income Semiconductor Corporation $211. $627. $810.\n average shares 410. 423. 421.\n shares\n share awards. 4. 5.\n 3. 7.\n average shares 416. 435. 428.\n income common share Semiconductor\n $0. 52 $1. $1.\n. $1. $1."
}
{
    "_id": "d1b313854",
    "title": "",
    "text": ". Deed cross guarantee\n iSelect Deed Guarantee ASIC Class Order 98/1418 subsidiaries. relieved requirements Corporations Act 2001 financial reports.\n iSelect Limited subsidiaries. “Closed. General Brokerage Services Energy Watch Trading Procure Power Energy Watch Services iSelect International Deed 26 June 2013.\n 1 July 2014,. iSelect International 8 September 2014. iSelect Limited guarantees payment debt entities Closed Group.\n consolidated income statement\n 2019 2018\n Loss operations income tax (20,111\n Income tax benefit\n Net loss (14,162)\n Retained earnings\n Transferred divested subsidiary (8,676\n Net loss (14\n Dividends paid (12,390\n Retained earnings end (18,737 4"
}
{
    "_id": "d1b339068",
    "title": "",
    "text": "CONTRACTUAL OBLIGATIONS COMMITMENTS OFF-BALANCE SHEET\n disclosures contractual obligations commercial commitments regulatory filings. obligations commitments September 28, 2019\n Includes $150. 0 million 2018 Notes interest Note 4.\n capital lease obligations payments interest non financing failed sale-leasebacks Guadalajara Mexico.\n purchase obligations purchases inventory equipment.\n. federal income taxes repatriation undistributed foreign earnings Tax Reform. Capital Resources.\n obligations deferred compensation former executive officers key employees retirement obligation. excluded impact $2. 3 million unrecognized income tax benefits. future cash flows.\n other obligations guarantees salary continuation benefits executive officer terminated cause. Excluded bonus incentive compensation amounts paid year termination.\nfuture lease payments facilities Guadalajara Mexico 15-year agreements 5-year renewal options Note 4 Capital Lease Obligations Financing Consolidated Financial Statements.\n Payments Fiscal Year\n Contractual Obligations 2021-2022 2023-2024\n Debt Obligations $288. $101. $12. $12. $162.\n Capital Lease Obligations 49.\n Operating Lease Obligations 40.\n Purchase Obligations 620. 598.\n Repatriation Tax Undistributed Foreign Earnings 65.\n Liabilities Balance.\n Liabilities.\n Financing Obligations 119.\n Contractual Cash Obligations $1,206. $732. $76. $51. $347."
}
{
    "_id": "d1b3ac9a0",
    "title": "",
    "text": "deferred tax assets tax loss\n-forwards German consolidation group.\n 30/9/2018 30/9/2019\n Corporate tax losses 4,320\n Trade tax losses 3,296\n Interest-forwards 57\n Temporary differences 104"
}
{
    "_id": "d1b3a3364",
    "title": "",
    "text": "Section D People\n employee benefit obligations annual leave long service leave post-employment benefits. share plans compensation Key Management Personnel.\n. EMPLOYEE BENEFITS.\n.\n. non-current.\n Employee benefits liability\n annual long service leave. includes annual leave service.\n Group annual leave long service leave balances next 12 months. unconditional right defer settlement leave.\n 2019 2018\n Current 13,859 12,710\n Non-current 189  675\n Total benefits liability 14,048 13,385"
}
{
    "_id": "d1a718a36",
    "title": "",
    "text": ". payables\n unsecured paid 30 days recognition. amounts same values short-term.\n payables 3,486 4,184\n Accrued expenses 2,717\n GST taxes 2,644 1,256\n Other payables 6,157 4,161\n 18,993 12,318"
}
{
    "_id": "d1b2fcb7c",
    "title": "",
    "text": "Restricted Share Awards\n restrictions. Conditions vesting determined. restrictions lapse death disability. retirement portion vest. Recipients voting rights receive dividend equivalents. fair value amortized vesting. closing value shares. vest four years management compensation committee.\n activity\n-average grant-date fair value $77. 77 $93. 45 $67. 72.\n total $48 million $50 million $50 million.\n 2019 $64 million unrecognized compensation expense nonvested awards recognized 1. 7 years.\n Weighted-Average Grant-Date Fair Value\n Nonvested 2018 1,631,470 $ 75.\n Granted 692,899.\n Vested (689,040).\n Forfeited (232,910).\n Nonvested 2019 1,402,419."
}
{
    "_id": "d1b351faa",
    "title": "",
    "text": "Balance\n Sheets Assets held-for-sale carrying value costs. carrying value December 31, 2019 $1. 4 million.\n Depreciation property plant equipment amortization finance leases $409. 7 million $359. 3 million $325. 2 million 2019 2018 2017.\n reserves credit reserves $178. 7 million $230. 8 million December.\n Inventories\n Raw materials $138. $137.\n.\n Finished goods.\n $1,232.,225.\n Property plant equipment\n.\n Buildings.\n Machinery,275. 3,980\n.\n Accumulated depreciation (2,669.\n $2,591. $2,549.\n Accrued expenses\n payroll benefits $153. $240.\n reserves.\n Income taxes.\n..\n $538. $659."
}
{
    "_id": "d1b337a92",
    "title": "",
    "text": "customers accounted 10% net revenues\n Nokia largest customer 2019 2018 2017. purchases contract manufacturers distributors. purchases Nokia 45% 36% 41% net revenues 2019 2018 2017. other OEM customers 10% net revenues.\n Year\n Contract manufacturers consignment warehouses\n Flextronics Technology 21. 8% 14. 4%\n Sanmina.\n Distributors\n Avnet Logistics. 25.\n Nexcomm."
}
{
    "_id": "d1b356406",
    "title": "",
    "text": "dividend proposed Board Directors financial year 2019.\n Includes net sales segments.\n figures consolidated financial\n statements IFRS. Year-on-year\n change.\n Nokia Technologies IPR Licensing sales Finland.\n Financial highlights\n year December 31,\n operations\n Net sales 23,315 22,563\n Gross profit 8,326 9,139\n margin. 7%. 4%. 5%\n Operating profit(loss\n.\n Profit/(loss\n Earnings per share diluted.\n Dividend per.\n 31\n Net cash financial investments"
}
{
    "_id": "d1b39b600",
    "title": "",
    "text": "Issuer purchases equity securities\n stock repurchased three months December 31, 2019\n Shares withheld option price tax withholding obligations stock compensation.\n repurchase program Item 7 Annual Report information.\n Total Number Shares Purchased Average Price Paid Share Shares Share Repurchase Program Approximate Dollar Value Shares Purchased\n October 1 2019 31, $71. $45,484\n November 1 $75.\n December $76.\n $75."
}
{
    "_id": "d1b3b0816",
    "title": "",
    "text": "19 FINANCIAL INSTRUMENTS\n refer 21 fair value hierarchies.\n value derivatives\n freight bunkers\n freight agreements.\n Bunker swaps.\n interest currency exchange rate\n exchange contracts.\n Interest rate swaps.\n value derivatives 31 December."
}
{
    "_id": "d1b2f83b0",
    "title": "",
    "text": "euro US dollar exchange rate December 31, 2019 €1 = $1. 1213.\n May 23, 2019. Manzi member Supervisory Board.\n indirect employees.\n service agreements. loans overdrafts. guaranteed debts leases.\n Directors' remuneration\n Average Supervisory Board $105 $ 115,618 123,281\n Net revenues $ 9,556\n Operating income $ 1,203 1\n Average remuneration indirect employees\n $ 97,300"
}
{
    "_id": "d1b36bd92",
    "title": "",
    "text": "table fiscal 2019 compensation current former non directors\n directors receive retainer fee $50,000 additional fee $15,000 $20,000. chair fee $15,000 $25,000. Lead Independent Director Chairman fee $100,000 (reduced $75,000 2020.\n stock awards.\n grant fair value FY19.\n. granted 12,320 RSUs May 17, 2018 per-share fair value $22. 32 grant fair value $274,982. paid cash. outstanding stock awards March 29, 2019.\n. Barsamian. Hill appointed January 7 2019 received fees FY19. granted 2,717 RSUs February 5, 2019 per-share fair value $22. 80 aggregate grant date fair value $61,947.director’s fees paid cash.\n. Barsamian 100% annual retainer fee $50,000 common stock. granted 494 shares per share value $22. 80 grant date fair value $11,263. fee paid cash.\n. Feld Fuller appointed Board September 16, 2018 received fees FY19. granted 6,764 RSUs December 7, 2018 per-share fair value $21. 78 grant date fair value $147,320. fees paid cash.\n Mr. Feld 100% annual retainer fee $50,000 common stock. granted 1,229 shares per share fair value $21. 78 aggregate grant date fair value $26,767. balance. fee paid cash.\n Messrs. Hao Humphrey received 100% annual retainer fee $50,000 common stock.2000 Director Equity Incentive Plan granted 2,240 shares $22. 32 aggregate $49,997. fee paid cash.\n. Laybourne. Miller Board December 3 2018 2019 Annual Meeting.\n. non-employee director fees December 3 2018. granted 5,584 RSUs May 17, 2018 per-share value $22. 32 $124,635. paid cash.\n 2019 Director Compensation\n Fees Stock Awards Total\n Susan. 3 73\n Frank. Dangeard 274,982 360,000\n Peter. Feld 16,071 174,108 190\n. Fuller 147,321 182\n Kenneth.\n Richard. 61,948 77\n David. Humphrey\n Geraldine. 80,018 274,982 355,000\n.Mahoney,024 274,976 380,000\n. 245,274\n. Sands 70 274,982 345,000\n. Schulman\n. Unruh\n Suzanne. Vautrinot"
}
{
    "_id": "d1b36c53a",
    "title": "",
    "text": "Item 5. Market Registrant’s Common Equity Stockholder Matters Issuer Purchases Equity Securities.\n Market information\n common stock available trading over-the-counter quoted OTCQB symbol “PTIX. limited market trading volume negligible. no guarantee active trading market\n Trades subject Rule 15g-9 Exchange Act requirements broker/dealers securities\n. special suitability determination\n receive purchaser’s agreement before sale.\n SEC rules regulate broker/dealer practices transactions “penny stocks. stocks equity securities\n price less than $5. 00 price volume information\n. penny stock rules require broker/dealer\n standardized risk disclosure document stocks risks\n. current bid offer quotations compensation\n salesperson monthly account statements market value stock. quotations\n before transaction. requirements trading activity secondary market common stock.rules investors difficult sell shares.\n common stock quoted OTC July July\n October 16. Commencing October 17, 2016, quoted OTCQB “PTIX”. table\n high low bid prices stock. reflect inter prices without retail mark-up markdown\n commission may not represent transactions.\n OTCQB marketplace. negligible trading volume.\n First Quarter $2. $1.\n Second Quarter.\n Third Quarter $2. $1\n Fourth Quarter.\n First Quarter $2. $2\n Second Quarter.\n Third Quarter.\n Fourth Quarter."
}
{
    "_id": "d1b3308fa",
    "title": "",
    "text": "Sales contracts type deliverable revenue timing revenue cash flows.\n Sales Geographic Region\n Ended September 30\n United States $ 956. 627. 522.\n United Kingdom 218. 240.\n 163. 166 175.\n East East 74. 86 112\n 84. 81. 77.\n sales $1,496. $1,202. $1,107."
}
{
    "_id": "d1b326f12",
    "title": "",
    "text": "three-month period August 31, 2019 average foreign exchange rate 1. 3222 USD/CDN. Fiscal 2018 restated IFRS 15 change accounting policy. policies. Fiscal 2019 translated average rate 1. 3100 USD/CDN.\n 2019 fourth-quarter revenue increased 7. 0%. US$199. 5 million US$188. 1 million 2018. rate increases activation bulk properties Florida Internet FiberLight acquisition decrease video service customers.\n OPERATING EXPENSES increased 8. 6%. programming rate increases FiberLight acquisition compensation expenses marketing initiatives.\n EBITDA increased 5. 1%. US$87. 4 million US$83. 9 million. organic growth FiberLight acquisition.\n ACQUISITIONS PROPERTY decreased 9. 5%. lower purchases capital expenditures additional capital expenditures expansion Florida.\nmonths August 31, Foreign exchange\n Revenue 263,738 246,443 7.\n expenses 148,215 136,506.\n EBITDA 115,523 109,937 5. 4. 1,057\n margin 43. 8% 44. 6%\n Acquisitions property equipment 65,967 72,914 (9.\n Capital intensity 25. 0% 29. 6%"
}
{
    "_id": "d1b36f5aa",
    "title": "",
    "text": "\n.\n bad debt $0. 5 million. 8 million $1. 4 million.\n Beginning balance January 1 $2,429 $7,478 $3,532\n Additions adjustments 1,074 1,691 7,680\n Write-offs (2,128 (6,740) (3,734\n Ending balance December 31 $1,375 $2,429 $7,478"
}
{
    "_id": "d1b3078b0",
    "title": "",
    "text": "reconciliation United Kingdom tax rate Company’s effective tax rate statements\n parent entity Jersey law affairs managed controlled United Kingdom. Company resident United Kingdom tax. entity United Kingdom earnings subject 19% 19% 20% statutory tax rate years March 31, 2019 2018 2017.\n effective tax rate differs due windfall tax benefits equity valuation allowance deferred tax assets jurisdictional earnings mix tax credits withholding taxes differences non-deductible expenses.\n March\n Tax statutory rate 19. 20.\n. state taxes.\n Foreign rate differential 26.\n.\n income loss.\n Share-based compensation.\n.\n Non-deductible interest expense.\n Tax credits.\n Unremitted earnings.\n valuation allowance.\n Deferred tax.\n Tax reserves. 9) (21. 5).\n return. 4\n Withholding taxes. 5)\n foreign taxes.\n Non-deductible expenses. 4).\n Deferred tax rate. 8).\n Acquisition costs. 6)\n. 5).\n Tax Rate. (27"
}
{
    "_id": "d1b3a160e",
    "title": "",
    "text": "Software\n December 31, 2019 2018\n average amortization. 61 years.\n Amortization $1. 025 million $1. 2 million December 31, 2019 2018.\n $6,029 $5,102\n Accumulated amortization (4,485)\n $1,690"
}
{
    "_id": "d1b2f6fd8",
    "title": "",
    "text": "GBS profit margin increased. 27. 7 percent pre-tax income $1,666 million. pre-tax margin. improvements driven higher-value delivery productivity benefit global delivery model. services skills clients cloud.\n segment changes.\n December 31. Percent Margin Change\n gross profit $4,606 $4,448 3. 5%\n margin 27. 7% 26. 8%.\n Pre-tax income $1,666 $1,629. 2%\n margin."
}
{
    "_id": "d1b36a42e",
    "title": "",
    "text": "Performance Share Units\n table illustrates award units 2015 LTIP\n vest date three year period. awards divided parts separate annual performance condition performance Group.\n Year-ended 31 March 2019 31 March 2018\n share units\n 7,546 269. 6,024 219.\n Awarded 506. 440.\n Forfeited (2,234) 414. 223.\n (2,949 262. 64\n end 4,084 295. 7,546 269."
}
{
    "_id": "d1b3858e6",
    "title": "",
    "text": "Consolidated Revenues\n increased $1. billion. 8% 2019 due Consumer offset Business Corporate.\n Results Operations.\n Corporate revenues decreased $124 million. 2% $232 million Verizon Media.\n Increase\n Ended December 31,.\n Consumer $ 91,056 $ 89,762 1,294. 4%\n Business 31,443 31,534.\n Corporate other 9,812.\n Eliminations (443).\n Consolidated Revenues $131,868 $130,863."
}
{
    "_id": "d1b31c77e",
    "title": "",
    "text": "Cash\n 2019 $4. 8 million income $5. 3 million non-cash $2. 5 million stock-based compensation $1. 5 million tax benefit $3. 3 million cash outflow $1. 8 million. accounts receivable $2. million inventory. million contract assets. million. million accounts payable accrued expenses. million contract liabilities $1. 2 million\n 2018 $3. million income $11. million gain optoelectronic $8. 6 million non-cash charges $1. 2 million stock compensation. million outflow $7. million. inventory. receivable. million contract assets. million accounts payable accrued liabilities. million $1. million assets.\n $19. million acquisition. million fixed asset additions. million intellectual property costs.\n proceeds optoelectronic $15. million $5. million.additions. million intellectual property rights.\n $2. 4 million $1. 2 million 2018. repaid. 6 million loans $2. 2 million common stock. offset. 4 million options warrants. repaid $1. 8 million loan. 5 million stock. offset $1. 1 million options warrants.\n $4,798,201 $(3,308,826)\n (19,814,991) 10,037,123\n financing (2,437,560,249,564)\n $(17,454,350 $5,478,733"
}
{
    "_id": "d1b37b38c",
    "title": "",
    "text": "NOTE 5 VESSELS PROPERTY DEFERRED DRYDOCK\n September 30, 2019 Company two DWT chemical tankers Hyundai Mipo Dockyard. Overseas Gulf Coast Sun Coast operating Marshall Islands flag one-year charters.\n September 2019 sold $1,234, commissions. recognized immaterial gain loss.\n May June 2019 sold two ATBs $1,101 $1,069 commissions. recognized immaterial loss.\n July 2018 January 2019 contracts Greenbrier Marine construction two 204,000 BBL oil chemical tank barges. delivery first second half 2020. remaining commitments $45,849 2020.\n December 6, 2018 sold one ATB barge $2,367, broker commissions. recognized gain $877 included loss/(gain).\n June 2018 ship structural damage.repairs covered insurance. Company filed lawsuit-party ship lost earnings off-hire 46 repair days.\n December 31, 2019 vessel fleet 8. 2 years six Handysize Carriers two lightering ATBs two clean ATBs. pledged collateral loan value $634,379.\n $919,212 $845,868\n depreciation (274,900\n 644,312 596,929\n Construction progress 65,697\n 28,993\n amortization (2,053)\n 26,940\n property\n depreciation amortization\n $ 737,212 $ 597,659"
}
{
    "_id": "d1a72bf32",
    "title": "",
    "text": "\n Sales Marketing\n increased $122. million 35. 1% 2019 2018 $70. million marketing programs campaigns sponsorships payments. Employee-related costs increased $48. million$14. million stock-based compensation payroll taxes Shopify. Computer hardware software increased $3. million headcount\n increased $124. million 55. 1% 2018 2017 $80. million employee-related costs. marketing increased $39. million computer hardware software $4. million.\n 2019\n Sales marketing $ 472,841 $ 350,069 225,694 35. 1 % 55.\n revenues 30. 32. 6 % 33. 5 %"
}
{
    "_id": "d1b38cac4",
    "title": "",
    "text": ". Stock-Based Compensation\n 2019 Equity Incentive Plan Deferred Compensation Plan. issues common stock treasury stock option vesting.\n table stock-based compensation expense income tax benefits\n administrative costs.\n taxes.\n no capitalized costs December 31, 2019 2018 2017.\n Stock-based compensation $(7,396) $(7,543) $(7,621)\n Income tax benefit 1,775 1,810 2,858"
}
{
    "_id": "d1b3630ca",
    "title": "",
    "text": "Company recognizes employees directors’ compensation profit loss years December 31, 2017 2018 2019. Board of Directors estimates Articles of Incorporation government regulations industry averages.\n compensation\n stock calculated compensation divided closing price. estimates change adjustment profit loss.\n distributions 2017 2018 reported June 12, 2019 2019 approved February 26, 2020. details distribution\n consistent with resolutions March 7, 2018 6, 2019.\n Information Observation Post System” website TWSE.\n 2018 2019\n Employees’ compensation Cash $1,032,324 $1,400,835 $1,132,952\n Directors’ compensation 11,452 7,624"
}
{
    "_id": "d1b2fff16",
    "title": "",
    "text": "GreenSky, Inc. FINANCIAL STATEMENTS States Dollars share data\n Cash Equivalents\n non-interest interest-bearing demand deposit accounts financial institutions. equivalents market mutual fund accounts government securities. liquid investments three months less cash equivalents. carrying amounts equivalents approximate fair values short maturities liquid nature. Note 3.\n cash balances exceed insured amounts credit risk. no significant credit risk. cash equivalents expose credit risk limited investments backed faith United States government.\n Restricted Cash\n interest-bearing escrow accounts contracts Bank Partners. amounts escrowed Partners credit losses additional amounts Bank Partners interest deferred interest loans custodial loan funding consumer borrower payments. balances not considered evaluation restricted cash usage. liability Partners financial guarantee. Note 14.\ntable cash Consolidated Balance Sheets Statements Cash Flows.\n Cash equivalents $195,760 $303,390 $224,614\n Restricted cash 250,081 155,109 129,224\n Flows $445,841 $458,499 $353,838"
}
{
    "_id": "d1b31bdce",
    "title": "",
    "text": ". Net Loss Per Share\n earnings income shares less repurchase excludes dilutive effects options warrants unvested restricted stock. Dilutive earnings income dilutive effect options warrants stock.\n table diluted net loss\n dilutive shares incentive plans determined treasury stock method exercise stock options vesting restricted stock issuance common stock. stock options price higher average stock price excluded loss-dilutive.\n 2019\n 2018\n 2017\n Net loss $(25,853) $(46,792) $(1,744)\n Weighted-average shares diluted 117,954 114,221 108,273\n Net loss per share. 22."
}
{
    "_id": "d1b3946fc",
    "title": "",
    "text": "option activity May 26, 2019\n compensation expense accounting forfeitures. granted. million stock options value $6. 12 per share. value $7. 9 million $15. million $29. million 2019 2018. closing market price common stock day $28. 83 per share.\n Compensation expense $2. 2 million $4. 2 million $6. million 2019 2018 discontinued operations. million 2017. million. tax benefit. million $1. $2. million.\n May 26, 2019. 2 million unrecognized compensation expense.\n Cash 2019 2018 2017 $12. 4 million $25. 1 million $84. 4 million. tax benefit $2. 3 million $5. million $19. 5 million 2019 2017.\n Price Contractual Term Value\n\n May 27, 2018. $28.\n. $20. 75 $7.\n Expired. $29.\n May 2019. $29. $9.\n May 26, 2019. $28. 32 $9."
}
{
    "_id": "d1b383708",
    "title": "",
    "text": "Unallocated Amounts\n revenue profit income amortization acquisition deferred revenue adjustments. amortization intangible assets stock-based compensation core business transaction-related costs non asset impairment charges data.\n Expenses core business severance product consolidation legal consulting charges. not included reportable results “Unallocated Amounts” category.\n corporate administrative expenses research development expenses revenue resale ancillary products.\n 2019\n Revenue customer- project-driven. increase revenue due $2 million amortization acquisition deferred revenue adjustments $24. 3 million 2018.\n Gross unallocated expenses totaled $478 million 2019 $533 million 2018. decrease lower impairment goodwill charges $35 million severance legal expenses $16 million acquisition amortization $1 million.offset $3 million additional stock compensation expense.\n 2018 2017\n Revenue resale ancillary products hardware customer project driven. Revenue improved lower amortization acquisition-related deferred revenue adjustments Business Practice Fusion Health Grid NantHealth acquisitions.\n adjustments totaled $24 million $29 million 2017.\n unallocated expenses $533 million $424 million. increase driven higher transaction-related severance legal expenses EIS Business Practice Fusion Health Grid\n impairment charges $58 million goodwill impairment charges $14 million transaction severance legal expenses $30 million amortization intangible acquisition asset $9 million. increase amortization due intangible assets acquisitions quarter 2017.\n Ended December\n 2019 Change\n Revenue $13,346.\nprofit $(63,522),228,130 (26. 3% 1.\n Loss operations(465,176(539,237)(437,431. 7% 23. 3%\n margin"
}
{
    "_id": "d1a719972",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n Cash deposits short-term investments maturities three months. maintains deposits monitors credit ratings.\n Restricted contractual provisions.\n reconciliation cash equivalents restricted cash\n Ended December 31,\n Cash equivalents $1,501. $1,208. $802.\n Restricted cash.\n cash equivalents restricted cash $1,578. $1,304. $954."
}
{
    "_id": "d1b35b8b6",
    "title": "",
    "text": "Consolidated Financial Statements Fiscal Years Ended May 26, 2019 2018 28, 2017 millions share amounts Private Brands Operations\n February 1, 2016, Private Brands operations TreeHouse Foods.\n financial results Private Brands\n transition services agreement TreeHouse recognized $2. 2 million $16. 9 million income 2018 2017 SG&A expenses.\n Loss sale business.\n Income discontinued operations income taxes investment earnings.\n.\n tax expense.\n discontinued operations net tax."
}
{
    "_id": "d1b3b97e0",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n Inventories\n December\n Finished goods $9,447 $10,995\n Work-process 14,954\n Raw materials 23,363 25,746\n reserves\n $42,237 $43,486"
}
{
    "_id": "d1b3aa6fa",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION FINANCIAL STATEMENTS amounts millions\n domestic foreign\n December 31,\n $1,527. $1,212. $971.\n 389. 284.\n $1,916. $1,154. $1,256."
}
{
    "_id": "d1b33db86",
    "title": "",
    "text": "OFF-BALANCE\n June 30, 2019-balance obligations $665,107. $71,633 leases 2020 2030 $593,474 purchase commitments. 2017 JHA First-service debit card processing. purchase commitment $555,754. commitments open orders. excludes $12,009 uncertain tax positions.\n operating lease obligations recorded 2020 ASU. 2016-02 July 1 2019.\n obligations June 30, 2019 1-3 3-5 5\n Operating lease $15,559 $25,399 $19,004 $11,671 $71,633\n Purchase obligations 62,637 86,875 107,188 336,774 593,474\n $78,196 $112,274 $126,192 $348,445 $665,107"
}
{
    "_id": "d1b33da8c",
    "title": "",
    "text": "maximum exposure credit risk trade receivables reporting date\n significant accounts. 5m. 6m trade receivables 31 March 2019.\n Retailers 20. 21\n Manufacturer Agency.\n.\n 24."
}
{
    "_id": "d1b2e5a76",
    "title": "",
    "text": ". Trail commission asset\n Recognition measurement classification\n Group revenue selling product payments. revenue assets at expected value. adjusted cash flows. adjustment recognised as profit loss.\n Cash receipts within 12 months current. non-current.\n commission revenue asset\n Directors estimates assumptions industry data historical experience.\n Attrition rates Health relevant. vary by provider duration higher policies under two years. attrition rates portfolio 30 June 2019 ranged 7. 5% 26. 5%. average duration attrition increase 0. 2% higher increases policies shorter.\n Group engages Deloitte Actuaries Consultants assumptions for health mortgages life trail revenue. include termination lapse rates mortality rates inflation fund premium increases impact Federal Government policies.\nvariable considerations constrained reversal revenue. Group assumptions results.\n CONSOLIDATED\n 2019 2018\n Current 25,626 22,103\n Non-current 88,452 80,817\n trail commission 114,078 102,920\n Reconciliation asset\n Opening balance 102,920 93,564\n revenue 34,732 33,007\n Cash receipts (23,574,651\n Closing balance 114,078 102,920"
}
{
    "_id": "d1b3bbfae",
    "title": "",
    "text": "Impairment Goodwill Intangibles\n Before impairment losses carrying goodwill allocated\n Impairment tested annually.\n Group estimates recoverable. less than carrying reduced. impairment loss recognised expense Consolidated Statement Profit Loss.\n Goodwill impaired if carrying value greater than fair value less costs disposal value use.\n March 2019 Directors reviewed value goodwill. assumptions discount rates growth rates changes billings direct costs.\n Group prepares cash flow forecasts financial forecasts five years. growth rates based market industry forecasts regional considerations experience. Discount rates estimated market weighted average cost capital.\n 31 March 2019 2018\n 273. 288.\n 413. 434.\n.\n 785. 826."
}
{
    "_id": "d1b34b416",
    "title": "",
    "text": ". Financial Instruments\n fair values Company’s financial instrument received asset sale liability recorded hierarchical disclosure framework subjectivity inputs. levels\n Level 1: Quoted prices active markets. 2: Observable prices. Level 3: Unobservable inputs little market data.\n Company classifies financial instrument Level 2 fair value hierarchy market inputs. interest rate swap valued valuations third-party pricing services. inputs one month LIBOR-based yield curves. reviews third-party pricing models assumptions pricing processes Level 2. considers risk nonperformance's credit risk. December 31, 2019 2018 adjustments valuations third party pricing providers.\n 2018\n Assets\n Interest rate swap $1,623\n Liabilities\n Interest swap $37"
}
{
    "_id": "d1b3b3336",
    "title": "",
    "text": "ten clients 42. 2%. 9% revenues 2017.\n States $614,493 $668,580 $644,870\n Philippines 250,888 231,966\n Costa Rica,078 132\n Canada 99,037 102 112\n El Salvador 75\n 123 118,853\n Americas 1,296,660 1,330,638 1,325,643\n 94,166 91,703 81,634\n,847 178\n 318,013 294,954 260,283\n $1,614,762 $1,625,687 $1,586"
}
{
    "_id": "d1b37e802",
    "title": "",
    "text": "OPERATING EXPENSES\n three-month period August 31, 2019 average foreign exchange rate. 3222 USD/CDN.\n Fiscal 2018 IFRS 15 accounting policy Cogeco discontinued operations. policies operations sections.\n Fiscal 2019 translated average foreign exchange rate. 3100 USD/CDN.\n 2019 fourth-quarter operating expenses increased. 6%. 1% additional costs American broadband services programming costs headcount marketing initiatives FiberLight acquisition\n months August Foreign exchange impact\n Canadian broadband services 147,815 153,560.\n American broadband services 148,215 136,506.\n Inter-segment eliminations.\n,977."
}
{
    "_id": "d1b3c2c78",
    "title": "",
    "text": "no debt 2019 2018 2017. Apple represented 17. 6%. 1% 10. 5% revenues ADG AMS MDG.\n $75 million accounts sold without recourse 2018).\n accounts 1,396\n doubtful accounts\n"
}
{
    "_id": "d1b313cd2",
    "title": "",
    "text": "Stock-based compensation expense recognized statements awards January 1 2006,. impact results 2019 2018 2017\n No compensation capitalized inventories 2019 2018 2017.\n Cost revenue $78 $129 $121\n Research development 2,242 614\n Selling general administrative 824 1,012 706\n Total costs expenses $3,144 $1,901"
}
{
    "_id": "d1b3a812a",
    "title": "",
    "text": "ITEM 7. MANAGEMENT DISCUSSION ANALYSIS FINANCIAL CONDITION RESULTS OPERATIONS States Dollars share\n Business Metrics\n review operating financial metrics performance trends formulate plans strategic decisions.\n Transaction Volume. dollar value loans\n. indicator revenue profitability\n grown years.\n Loan Servicing Portfolio. consumer loan balance interest fees serviced. servicing activities. average portfolio December 31, 2019 2018 2017 $8,213 million $6,303 million $4,501 million.\n Active Merchants. home improvement healthcare providers consumer application twelve months. volume size engagement growth merchant network future revenue profitability. impacted corrective action merchants.\n Cumulative Consumer Accounts. number accounts approved outstanding zero balances. not revenue brand awareness value data. data future growth customers merchants.\nEnded December 31,\n Transaction Volume\n $5,954 $5,030 $3,767\n 18% 34%\n Loan Portfolio\n Dollars $9,150 $7,341 $5,390\n 25% 36%\n Merchants\n 17,216 14,907 10,891\n 15% 37%\n Consumer Accounts\n.\n Percentage 35% 43%"
}
{
    "_id": "d1b39de46",
    "title": "",
    "text": ".\n Maple Leaf Foods Inc. producer food products\n Greenfield.\n portfolio prepared meats ready meals fresh pork poultry\n plant protein. 6985 Financial Dr. Mississauga Ontario.\n employs 13,000 Canada U. S. Asia. shares trade Toronto Stock Exchange.\n. portfolio prepared meats meals fresh pork poultry plant protein. 6985 Financial Dr. Mississauga Ontario. employs 13,000 U. S. Asia. shares Toronto Stock Exchange.\n Sales 2019 $3,941. 5 million $3,495. 5 million last year increase. 8%. increased. 2% pricing growth plant protein 23. 6%.\n Net earnings $74. 6 million. $101. 3 million.share. commercial performance tax offset investments plant protein volatility hog. earnings impacted $12. 1 million non-cash changes biological assets derivative contracts excluded Adjusted Operating Earnings.\n 2019 $145. 4 million $215. 6 million last year Share\n $0. 68 $1. 22.\n Operating Review\n page 3.\n Twelve months December\n earnings share\n Sales $3,941. $3,495.\n Net Earnings $74. $101.\n Earnings Share $0.\n Adjusted Operating Earnings $145. $215.\n Share."
}
{
    "_id": "d1b388c26",
    "title": "",
    "text": "\n annually Board. holds office\n appointment successor death\n. officers.\n John Sarvis\n Chief Executive Officer President 2015. Chairman Board 2016. Vice President Ceramic Products 2005 2015. Divisional Vice President\n 1998. Marketing Operational. 1973\n Jeffrey Schmersal\n Chief Operating Officer. Senior Vice President 2017. Divisional Vice President Specialty Products. Global Business Manager\n 2006 2014. Quality Supply Chain 1994.\n Michael Hufnagel\n Chief Financial Officer. Vice President Corporate Finance. Director Accounting\n Reporting.\n John Lawing\n Senior Vice President Officer.\n. Vice President. Divisional Vice President\n. Engineering Technical Operational Plant management.\n 1981.\n. Willing King\n Senior Vice President Tantalum Products. Deputy General Manager\n. Vice President. Director 2000. Technical Service Sales\n Marketing. since 1984.\nAge\n John Sarvis 69\n Jeffrey Schmersal Operating\n Michael Hufnagel Senior Vice President\n John Lawing 68\n. Willing King Tantalum\n Eric Pratt\n Evan Slavitt 61\n Steven Sturgeon Connector Products\n Alexander Schenkel"
}
{
    "_id": "d1b375680",
    "title": "",
    "text": "Note 10—Goodwill\n table presents changes goodwill by segment\n fiscal 2019 Company changed composition Defense Solutions segment new operating segments units. contracts reassigned between Civil Defense Solutions segments \"Note 24—Business Segments\"). carrying goodwill re-allocated for testing goodwill for impairment.\n Company evaluated goodwill for impairment quantitative step one analysis goodwill not impaired.\n fiscal 2019 qualitative analysis units fair values quantitative step one analysis not necessary.\n fiscal 2018 performed qualitative quantitative analysis units. fair values quantitative step one analysis not necessary.\n fair value excess. fiscal 2017 quantitative analysis all units. fair values exceeded carrying values.\n no goodwill impairments identified annual evaluation.January 3 2020 December 28, 2018 Company recorded correction $3 million $6 million assets liabilities IS&GS Transactions.\n losses $369 million $117 million Health Civil segments.\n Goodwill December 29, $2,055 $1,998 $921 $4,974\n Foreign currency adjustments\n Transfers assets\n Adjustment goodwill\n December 28, 2,015 1,924 4,860\n Goodwill re-allocation\n Acquisition IMX\n Divestiture health staff business\n adjustments\n Adjustment goodwill\n January 3 $2,039 $1,907 $4,912"
}
{
    "_id": "d1b3817fa",
    "title": "",
    "text": "Adjusted Return Invested Capital TORM defines RoIC earnings before interest tax less impairment losses reversals divided by average invested capital less impairment.\n RoIC returns capital impacts impairment. longer-term value creation goals. calculated\n Average invested capital opening closing balance.\n impairment balances goodwill.\n EBIT less 205.\n.\n less tax impairment.\n Average invested 1,627. 1,437. 1,396.\n Average impairment 98. 185.\n less impairment 1,725. 1,622. 1,581.\n Adjusted RoIC 4."
}
{
    "_id": "d1b372840",
    "title": "",
    "text": "16\n recognized right-of-use assets $2,257 million lease liabilities $2,304 million deficit $19 million. leases $1,947 million liabilities $2,097 million December 2018 IAS 17. January total right-use assets lease liabilities $4,204 million $4,401 million. impacts.\n operating lease commitments December 31, 2018 $1,612 million. difference liabilities $2,304 million increase $1,122 million renewal options $112 million non-monetary transactions decrease$542 million discounting future lease payments borrowing rate 3. 49% January 1.\n Prepaid expenses 244\n current assets\n Property plant equipment 24,844\n non-current assets\n Trade payables liabilities\n Debt due one year 4\n Long-term debt 19,760\nDeferred tax 3,163\n non-current\n Deficit (4,937)\n Non-controlling interest 326"
}
{
    "_id": "d1b3469e8",
    "title": "",
    "text": "convertible notes\n 2019 unamortized discount $65. 3 million amortized four years. equity $100. 8 million. conversion price $31. 62 share value $992. million.\n Debt principal $460,000\n Unamortized discount 65\n convertible debt $394,687"
}
{
    "_id": "d1b3b19d2",
    "title": "",
    "text": "balance sheet\n 31 March 2019\n financial statements approved Board Directors 6 June 2019.\n Fixed assets\n Investments 1,216. 1,212.\n.\n Current assets\n 415. 440\n Cash cash equivalents.\n 415.\n Creditors one year (411.\n current assets.\n 1,220. 1,365.\n Capital reserves\n Called share capital.\n shares.\n Capital redemption reserve.\n earnings 1,227. 1,372.\n equity 1,220. 1,365."
}
{
    "_id": "d1b3570cc",
    "title": "",
    "text": "receivables nonrecourse borrowings. $1,062 million $710 million December 31, 2019 2018.\n sale December 31, 2019 2018.\n Investment Sales Direct Financing Leases Commercial Financing Client Loan Installment\n $6,846 $11,889 $13,614 $32,348\n Unearned income\n investment $6,320 $11,852 $12,981 $31\n Allowance credit losses\n Unguaranteed residual value\n receivables $6,895 $11,838 $12,802 $31,536\n $2,834 $11,838\n Noncurrent portion $4,061 9"
}
{
    "_id": "d1b379f64",
    "title": "",
    "text": "Contractual Obligations\n impact on liquidity capital resources with cash flows. plan measure liquidity capital resources annual budgeting. table summarizes contractual obligations at July 27, 2019\n Operating Leases Note 13 Consolidated Financial Statements\n Purchase Commitments with Contract Manufacturers Suppliers purchase components contract manufacturers manufacturing services. commitments shortterm manufacturing capacity. long pricing. commitments firm noncancelable unconditional commitments. liability for commitments future demand forecasts inventory. July 27, 2019 liability $129 million not included table.\n Other Purchase Obligations contractual obligations. Purchase orders not included authorization to purchase obligations.\n Long-Term Debt principal debt instruments. Note 11 Consolidated Financial Statements.\n Transition Tax Payable future cash tax payments.tax earnings foreign subsidiaries Tax Act. Note 17 Consolidated Financial Statements.\n-Term Liabilities noncurrent income taxes deferred compensation tax. uncertainty noncurrent income taxes $1. 3 billion deferred tax $95 million. uncertain tax positions. Note 17 Financial Statements.\n PAYMENTS DUE PERIOD\n July 27, 2019 1 3 Years\n Operating leases $1,179 $441\n Purchase commitments manufacturers suppliers 4,967,239\n purchase obligations 1,490 676\n Senior notes 20,500\n Transition tax 8,343\n Other long-term liabilities. 1,214\n Total $37,693 $12,105 $9,062\n 1,428\nTotal,121 "
}
{
    "_id": "d1b3a4ff2",
    "title": "",
    "text": "Systems profit margin IBM Z declines Power Storage Systems.\n pre-tax income decline performance IBM Z investment innovation portfolio.\n year December 31 2018 2017. Percent Margin Change\n Hardware profit $2,590 $2,893.\n 40. 44. 6%.\n Software $1,412 $1,469.\n 84. 86. 4%.\n profit $4,002 $4,362.\n 49. 8% 53. 2%.\n Pre-tax income 904 $1,128.\n. 12. 6%"
}
{
    "_id": "d1b38ccb8",
    "title": "",
    "text": "Selling administrative costs 2019 were $211. 1 million decrease $10. 8 million compared $222. 0 million 2018. table shows costs twelve months October 31, 2019 2018.\n decrease advertising expense television radio advertising 2019. change start-up expense construction. Non-construction expenses labor training recorded start-up expense until operations. start-up expenses. increase. increase until production. expenses recorded as costs goods sold. decrease stock compensation expense earned November 1, 2017 lower 2016. II Item 8 Financial Statements Stock Compensation Plans. increase legal expenses attributable defense. increase third-party sales commissions adoption ASU 2014-09 Revenue. net income 2019 SG&A expenses impacted offset increase revenue.ASU 2014-09 SG II 8 Financial Statements Accounting Policies.\n Selling Administrative Costs\n months 2019\n Advertising $11,071 $32,624\n Trainee 16,254\n Start-up 9,361 13,394\n Stock compensation 11,786 15,702\n SG expenses 62,653 64,705\n Employee Stock Ownership Plan\n Depreciation machinery equipment 7,067\n Sanderson Farms Championship 8,817\n Administrative salaries 45,108\n Legal 25,102\n-party sales commissions\n SG $211,141 $221,965"
}
{
    "_id": "d1b33126e",
    "title": "",
    "text": "Operating Expenses\n Results Operations.\n Cost Services includes salaries wages benefits materials supplies content contracted services network access transport customer provisioning computer systems outsourcing contracts technical facilities. costs allocated between Selling administrative expense.\n decreased $413 million. 3% 2019 network access product realignment charge employee costs Voluntary Separation Program digital content costs.\n offset rent new lease accounting standard regulatory fees device protection package.\n Wireless Equipment decreased $369 million. 6% cycle higher priced devices.\n Selling Administrative Expense salaries wages benefits bad debt taxes advertising sales commission call center technology regulatory fees professional service fees rent utilities. customer care costs.\n decreased $1. 2 billion.8% 2019 compared 2018 due employee costs Voluntary Separation Program decrease severance pension benefits charges\n acquisition integration charges Yahoo’s net gain dispositions assets offset increases advertising sales commission bad debt. increase sales commission due lower net deferral commission costs Topic 606 January 1 2018 modified retrospective approach.\n Depreciation Amortization Expense decreased $721 million. 1% 2019 change net depreciable assets. Goodwill Impairment annual impairment test.\n.\n millions Increase\n December 2019.\n Cost services $ 31,772 $ 32,185 (413).\n Cost wireless equipment 22,954 23,323.\n Selling administrative expense 29,896 31,083 (1.\nDepreciation amortization 16,682 17,403 (721).\n goodwill 4,591.\n $101,490 108,585."
}
{
    "_id": "d1b3b0226",
    "title": "",
    "text": "recorded $14. $15. $12. 3 million amortization intangible 2019 2018 2017. no impairments long-lived assets.\n tables weighted-average value assets\n 2019\n Carrying Amount Accumulated Amortization Net Value\n Customer relationships $123,731 $(39,335) $84,396.\n technology 30,542.\n 3,304.\n intangible assets $157,811 $(54,373) $103,438"
}
{
    "_id": "d1b3a61cc",
    "title": "",
    "text": "Deferred Compensation Plans\n employees deferrals limits accrue income. insurance contracts mutual funds liability.\n Life insurance premiums fees gains losses gains $1. 1 million 2019 $4. 8 million 2018 $5. 0 million $1. 3 million 2017. Changes obligation operating expenses cost losses $1. 5 million 2019 $5. 2 million 2018 $3. 9 million 2017. Liabilities contributions distributions gains losses investment allocation.\n deferred compensation liability\n liabilities $3,233 $844\n long-term liabilities 39,715 40,895\n deferred liability $42,948 $41,739"
}
{
    "_id": "d1b3971fe",
    "title": "",
    "text": "ESPP annual increases 1% outstanding shares common stock last day preceding year 1,250,000 shares other determined board directors. 2019 810,459 shares Class A common stock added ESPP. December 31, 2019 3,918,712 shares available.\n assumptions ESPP rights Black-Scholes-Merton option fair value\n December 31, 2019 2018 $2. 3 million $1. 5 million unrecognized share-based compensation expense related ESPP recognized periods. 4 years\n December\n Expected term years.\n volatility 47% 34%\n Risk-free interest rate 2.\n dividend yield 0%\n date fair value ESPP rights $33. $9."
}
{
    "_id": "d1b335418",
    "title": "",
    "text": "Property equipment\n lease 5 years.\n Depreciation 2019 2018 2017 $2. 2 million $1. 8 million $1. 9 million.\n December\n Furniture equipment $1,785 $1,189\n Leasehold improvements 4,074 2,776\n System hardware\n Office computers 3,745\n software\n,499\n Less depreciation amortization (7,931)\n $6,284 $4,650"
}
{
    "_id": "d1b30e908",
    "title": "",
    "text": "Business\n Key Clients. work with leading communication service providers. key clients December 31, 2019\n 10% or revenues 2019 2018\n Significant Client Relationships information.\n Research Development. clients competition deploying new services increasing complexity business operations. R&D advance businesses. value solutions value relationship.\n total R&D expenses 2019 2018 $128. 0 million $124. 0 million 13% 14% revenues. anticipate R&D investment consistent 2019.\n risks technological innovations. Risk Factors section.\n 2019 2018\n % Revenues\n Comcast  $ 229  23% $221  25%\n Charter 195 20% 179"
}
{
    "_id": "d1b397898",
    "title": "",
    "text": "software costs\n Company capitalized $8. million. $6. 2 million 2019 2018 2017.\n Amortized expense $7. million $5. 9 million $5. million. Amortization cost revenue statements operations loss. 2019 retired $4. 6 million amortized.\n December 31, 2019\n Gross carrying amount Amortization period amortization Net amount\n Capitalized costs $ 49,909 3 years $ (35,622) $ 14,287\n December 31, 2018\n Amortization\n costs $ 45,677 3 years (32 12\n"
}
{
    "_id": "d1a71bb78",
    "title": "",
    "text": "Restructuring Expenses plans cost structure operations acquisition integration strategies. employee severance costs duplicate facilities contract termination costs. information Note 8 Consolidated Financial Statements report.\n Restructuring expenses 2019 2019 restructuring Plan. 2018 2017 restructuring Plan. approved initiated plans efficiencies. fourth quarter 2019 supplemented 2019 restructuring Plan additional actions. total estimated restructuring costs $584 million $108 million remained May 31, 2019 recorded statements 2020. costs subject to change. additional expenses new plans changes.\n Year Ended May 31,\n Percent Change\n millions 2018\n restructuring expenses $443 -25% -22% $588"
}
{
    "_id": "d1b37e38e",
    "title": "",
    "text": ".\n increase short reclassifications euro. dollar instruments € 3. 9 billion. offset €. billion repayment. dollar instruments.\n decrease income tax liabilities reversal tax carve-out Siemens Healthineers.\n Long-term debt euro instruments € 6. 5 billion currency translation bonds. offset reclassifications.\n increase provisions pensions obligations lower discount rate. offset positive return assets.\n increase equity € 5. 2 billion net income re-issuance treasury shares € 1. 6 billion €. 4 billion currency translation. billion offset negative defined benefit plans. billion. offset dividend payments € 3. billion repurchase 13,532,557 treasury shares cost share €. € 1. 4 billion charges.\n Shortpayables 11,409 6 %\n liabilities 1,743,485 17 %\n Contract liabilities 16,452,464\n 3,682\n tax,378\n 9,023\n 50,723 47,874 6\n Long-term debt 30,414 12 %\n 7,684 29 %\n Deferred tax liabilities 1,305 19 %\n 3,714 4,216\n liabilities 44 %\n 2,226 2,198\n non-current liabilities 48,541,995 13\n,265,869\n equity 48,125,474\n Non-controlling interests 2,858 2,573 11 %\n liabilities 150,248 138,915 8 %\n"
}
{
    "_id": "d1b3b4f4c",
    "title": "",
    "text": "4-BALANCE\n Company recorded depreciation amortization. 2. 3 million. 4 million 2019 2018 2017. interest capitalized. 2019. 2 million $32,000 capitalized internal-use software.\n December 29, 2019 30\n Inventories\n Raw material\n Work-in-process\n Finished goods\n $3\n assets\n Prepaid expenses $1,296 $1,483\n Property equipment\n $10,694\n Software\n Furniture fixtures\n Leasehold improvements\n Accumulated depreciation amortization\n Capitalized internal-use software\n Accrued liabilities\n Employee compensation accruals\n"
}
{
    "_id": "d1a72ed36",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. FINANCIAL STATEMENTS.\n ACCRUED EXPENSES\n December 2019 2018\n Payroll $6,701 $15,264\n interest 35,926 40,903\n voyage expenses 3,643\n running costs 42,212\n losses\n Audit fees\n taxes 8 6,268\n fees\n expenses 12,215\n $51,180 $123,652"
}
{
    "_id": "d1b30894a",
    "title": "",
    "text": ".\n Report Directors’ remuneration pages 77 101 note 38 financial statements page 161 disclosures emoluments share incentives interests pensions.\n average\n Manufacturing 40\n Product development 54\n Selling marketing 52\n Administration\n"
}
{
    "_id": "d1b38dd7a",
    "title": "",
    "text": "carrying amounts financial instruments not approximate fair value short-term. estimated fair values not recorded\n fair values long-term debt June 30, 2019 2018 determined current interest rates Level 2 inputs fair value.\n carrying amount company-owned life insurance reflects cash surrender values market values securities 2 net outstanding policy loans. carrying value recorded in other assets balance sheets.\n goodwill impairment testing Company uses nonrecurring fair value measurements unobservable inputs (Level 3). Fair value based income market approach. discounted cash flow analysis. multiples earnings cash flow companies. assumptions similar market participants.\n June 30 2019 June 30 2018\n millions Carrying\n Long-term debt $550. $560. $545. $558.\nCompany-owned life insurance $17."
}
{
    "_id": "d1b309750",
    "title": "",
    "text": ". Cash Equivalents\n table\n December 31,\n Cash $437 $268\n treasury bills 37\n funds 5,320\n equivalents $5,794 $4,225"
}
{
    "_id": "d1b3ac356",
    "title": "",
    "text": "investments\n Group invests surplus cash short-term investments liquidity credit risk returns. assets cash included net debt.\n €955 million €862 German €941 million Japanese securities €1,115 million UK bonds €1,184 million other assets collateral. Managed funds €5,513 million €3,087 million 90 days €892 million supply chain receivables Vodafone minority.\n Other investments excluded net debt restricted debt securities qualifying assets insurance.\n €1,184 million measured amortised cost remaining fair value. €3,011 million valuation level 1. remaining balance level 2.\n €1,097 million €487 million measured fair value 1. remaining items amortised cost carrying amount approximates fair value\n Short-term investments\nBonds 4,690\n 3,891\n 11,095\n 1,917\n 13,012 8,795"
}
{
    "_id": "d1b340df4",
    "title": "",
    "text": "Comprehensive Income\n table amounts reclassified AOCI Consolidated Statements Operations net tax\n pension cost. Note 9 Employee.\n AOCI reclassified earnings 2019 2017 due restructuring loss impairments.\n expects reclassify $17. 0 million earnings next twelve months cost revenue.\n Amounts net tax immaterial years 2019 2017. 2018 reduction income tax expense derivative instruments $14. 8 million.\n Fiscal Year Ended August\n Comprehensive Income Components Financial Statement 2019\n Foreign currency translation adjustment Operating income\n Realized losses derivative instruments\n Foreign exchange contracts Cost revenue 21,982\n Interest rate contracts expense\n Actuarial loss\n Prior service credit\n sale securities\n$54,289 $26,626"
}
{
    "_id": "d1b2ed4ba",
    "title": "",
    "text": "Adjusted EBITDA non-GAAP financial measure net (loss) income depreciation amortization disposals impairment long-lived assets acquisition gains share-based compensation restructuring interest income taxes foreign exchange income. includes rent build-to-suit facilities.\n provides consistency comparability past performance facilitates comparisons peer companies.\n GAAP measures assessment planning annual budget business strategies board directors incentive compensation metrics senior employees.\n reliance Adjusted EBITDA. substitute measures. limitations calculate reflect capital expenditures future requirements changes cash requirements working capital.\n reconciliation net (loss) income Adjusted EBITDA\n Acquisition-related expenses years March 31, 2019 March 31, 2017. See Note 5 consolidated financial statements Annual Report Form 10-K.Gain asset Solebit acquisition. Note 5.\n Amounts 2017 current. Litigation expenses loss contingencies. Note 12.\n Ended March 31,\n 2019 2018 2017 2016 2015\n Reconciliation Adjusted EBITDA\n Net (loss income $(7,001) $(12,386),441\n Depreciation amortization disposals long-lived assets 29,960 19,141 11,881\n Rent expense build-suit facilities (4,482)\n Interest expense 3,425\n Provision income taxes 2,001 2,705 2,202\n Share-based compensation expense 25,954 11,734,294\n Impairments long-lived assets\n Restructuring\n Foreign exchange expense 1,647 3,511\nAcquisition expenses\n Gain asset\n Litigation expenses 1,000\n EBITDA $54,008 $25,752 $12,457 $15,839 $14,227"
}
{
    "_id": "d1b3af9ca",
    "title": "",
    "text": "Credit Risk Significant Customers\n Financial instruments risk cash equivalents marketable securities accounts receivable. cash equivalents securities invested in high-credit instruments subject minimum credit risk.\n accounts receivable unsecured represent due contractual obligations. mitigate credit risk credit evaluations invoicing terms. require collateral.\n Significant customers represent 10% or more total revenue. Revenues significant customers\n less than 10%\n December 31, 2019 two customers accounted 17% 12% accounts receivable.\n December 31, 2018 two customers 16% 12%\n Customer A 14%\n Customer B 12% 10%\n C 14%"
}
{
    "_id": "d1a71df22",
    "title": "",
    "text": "\n lower.\n year-end\n Purchased parts assemblies $134,298 $137,566\n Work-process 174,550\n Finished goods 133,682 162,935\n inventories $442,530 $486,741"
}
{
    "_id": "d1b343a22",
    "title": "",
    "text": "Group operating profit £4. 5m 2018/19 £69. growth profit £5. offset impairment goodwill intangible assets £30. costs £41. 5m Pension.\n Amortisation intangibles £1. lower SAP software modules amortised. valuation foreign exchange derivatives £1. 3m.\n recognised £41. 5m costs equalisation GMP pension benefits 1990 1997. Lloyds Banking equal treatment State Earnings Pension Scheme.\n final cost equalisation Trustees. statement. companies pension schemes affected.\n £41. non-cash charge two-thirds\n RHM balance Premier Foods. Restructuring costs £16. 8m £8. 3m increase £14m consolidation logistics operations costs.\n restructuring costs. Advisory fees. non-trading items £1. past service pension credit £3.inflation Irish pension scheme offset departure CEO Gavin Darby.\n interest pensions administrative expenses £1. 3m. pension schemes £10. 3m offset net interest credit £9. surplus pension schemes.\n Adjusted EBITDA3 145. 139.\n Depreciation.\n Trading profit 128. 123\n Amortisation intangible assets.\n value movements foreign exchange derivatives.\n Net interest pensions administrative expenses.\n Non-trading items\n GMP equalisation.\n Restructuring costs.\n Impairment goodwill intangible assets (30.\n.\n Operating profit 4. 69."
}
{
    "_id": "d1b3441a2",
    "title": "",
    "text": "Recast 2019 presentation.\n Reclassified 2019.\n note Accounting Policies\n information.\n table presents revenue similar products reportable segments. solutions include IBM software products.\n Software-as-Service consulting education training product-related services. includes license charges subscriptions.\n$ millions\n year December 31 2019 2018 2017\n Cloud Cognitive Software\n $18,712 $17,970** $17,681**\n 4,321\n Business Services\n $16,363 $16,238** $15,728**\n Technology Services\n $20,768 $22 $21,913**\n 5,183,484\n 3,746 3,996 3,993\n 1,920 2,114 2,243\n 1,528\n Financing\n 1,120 1,223\n281 366 530"
}
{
    "_id": "d1b336eda",
    "title": "",
    "text": "Income Taxes\n summary 2019 2018 2017\n Federal(8,001) $466\n State\n International 11,705\n (1,865) 6,774\n Deferred\n Federal 24,801 (14,448\n State,390 1,882\n 4,167\n Deferred 30,070 (17,257) 14,073\n Income Tax Expense $28,205(14,029) $20,847"
}
{
    "_id": "d1b3b9038",
    "title": "",
    "text": "Operations\n 2019\n Net sales $1,791. 8 million $1,562. 5 million 2018.\n product group revenues.\n Electronic Component sales $1,290. million $1,235. 2 million 2018.\n increased volume favorable pricing\n market conditions increased demand\n technological advances\n. Components sales $113. 3 million Ethertronics $12. 7 million\n 2018. offset loss Kyocera resale sales $19. 0 million $296. 3\n million.\n Interconnect Sensing Control Devices sales $501. 8 million 2019 $327. 3 million 2018.\n growth automotive S&C acquisition $354. 7 million\n $193. 3 million.\n sales independent electronic distributors. 3% net sales. 7%\n 2018. sales activity increased favorable pricing\n increased order activity extended delivery lead times. increased\n demand improving market conditions. sales ship debit stock rotation programs\nallowances. favorable pricing high demand charges decreased $28. 9\n million 3. 9% $30. 5 million 4. 6%\n 2018. Applications $24. 4 million\n $29. 4 million.\n regional sales percentages decreased Asian European\n American increased.\n Asian American European represented 31. 4% 27. 1% 41. 5% sales.\n 37. 2% 25. 6% 37. 2% Asian American European prior. dollar\n foreign currencies sales unfavorably impacted $33. 3 million\n.\n Gross profit $482. 9 million $318. 9 million 2018.\n 27. 0% 20. 4% 2018. increase\n better margin product mix improved efficiencies cost control favorable pricing.\n incurred costs $9. 2 million 2019 $4. 2 million 2018 due\n depreciation amortization adjustments S&C Ethertronics Kumatec acquisitions.\ncurrency. million\n sales\n Ceramic Components $226,204 $421,849\n Tantalum,194\n Advanced 642,775,208\n Electronic Components 1,235,173\n Interconnect Devices 327,301\n Sales $1,562,474 $1,791,790"
}
{
    "_id": "d1b34ef26",
    "title": "",
    "text": "Includes construction costs\n March 31, 2019 2018. improvements $5. 2 million $4. 5 million. 2019 Company derecognized. completion construction. Note 12.\n. $47,001 $43,925\n.\n Accumulated depreciation\n $41,837 $74,412"
}
{
    "_id": "d1b39ed82",
    "title": "",
    "text": "\n cash income $39. 3 million $89. 9 million non-cash offset assets liabilities $8. 2 million. Accounts receivable increased $2. 6 million $97. 9 million $95. 3 million strong collections.\n Inventories increased $5. 6 million $83. 3 million $77. 7 million volumes $10. 4 million excess. Accrued liabilities increased $8. 7 million $36. 4 million $27. 7 million compensation income taxes.\n Accounts payable increased $0. 9 million $40. 9 million.\n Investing Activities\n $20. 8 million property $20. 5 million FRT $25. 1 million marketable securities.\n Financing Activities\n $30. million principal payments term loan $8. million tax withholdings offset $23. 4 million loan $8. 1 million common stock.\nFiscal Year Ended\n 28, 2019 29, 2018 30 2017\n $121,048 $68,700,323\n investing (66,352),425)\n financing $(6,578),329)"
}
{
    "_id": "d1b39fc28",
    "title": "",
    "text": "Net loss years.\n average 1-for-14 stock split December 23, 2019.\n Consolidated Financial Statements.\n Revenue $10,310 $12,629 $12,149\n Cost 6,295\n Gross profit 6,334 5,522\n Operating expenses\n Research development 12,350 9,948 9\n Selling administrative 8,918\n Loss operations (15,363 (13,596) (13,950\n Interest expense\n Loss before income taxes (15,524) (13,627) (14\n loss $(15,444(13,779(14,131\n loss per share\n diluted.\n Weighted average shares\n 7,663 6,365"
}
{
    "_id": "d1b35fc90",
    "title": "",
    "text": "Stock-Based Compensation Expense\n statements\n April 26, 2019 unrecognized expense equity $285 million 2. years.\n April 26, 2019 27, 2018 28, 2017\n product revenues $\n hardware maintenance services\n Sales marketing 67\n Research development 48\n General administrative\n compensation expense $ 158 $ 161 195\n Income tax benefit $ 15"
}
{
    "_id": "d1b3805b2",
    "title": "",
    "text": ". Income taxes\n December 22, 2017 President signed Tax Cuts Jobs Act. Revenue Code reduced corporate tax rate 35% 21%. effective January 1, 2018. Company deferred tax assets corporate taxes. deferred tax assets future tax consequences tax basis. measured tax rates. net deferred tax asset determined federal tax rate 35%. reduction 35% 21% revalued deferred tax asset December 31, 2017 $9. 0 million transition tax $2. 3 million foreign $11. 3 million additional noncash income tax expense December 2017. December 31, 2018 TCJA $0. 1 million reduction net deferred tax asset. TCJA subjects. shareholder tax low-taxed income foreign subsidiaries. Q&A.Global Intangible Low-Taxed Company deferred taxes income tax expense. taxes period cost.\n components income before taxes\n Years Ended December 31,\n 2019 2018 2017\n Domestic $72,773 $63,878 $52,250\n Foreign (20,099) (22,496,132\n Total income before taxes $52,674 $41,382 $31,118"
}
{
    "_id": "d1b3221ce",
    "title": "",
    "text": "\n April 26, 2019 27, 2018 28,\n value $ 31 37 26\n Proceeds $ 25 $ 88 60\n options vested $ 2 $ 8"
}
{
    "_id": "d1b3c014e",
    "title": "",
    "text": "deferred tax assets liabilities\n March ASC 606.\n tax\n loss $78,986 $115,064\n Sales allowances inventory reserves 10,967\n Medical benefits 35,298 38\n Depreciation 5,318\n restructuring\n Anti-trust fines settlements\n Tax credits 3,394\n Stock-based compensation 5,589\n deferred tax assets 142,273 197\n,658\n 83,615\n Unremitted earnings subsidiaries,850\n Amortization intangibles debt discounts\n Non-amortized intangibles\n liabilities,397\n $48,218 $"
}
{
    "_id": "d1b3703ba",
    "title": "",
    "text": "Underlying profit margin\n before non-underlying items. segment profit loss allocating resources performance.\n Group reconciliation\n details non-underlying items note 3 page 96 consolidated financial statements.\n Note 2 page 94 reconciliation Division. margin profit divided.\n 2019 2018 2017\n Operating profit 8,708 12,639\n Non-underlying items\n profit 1,239,176 543\n Underlying operating profit 9,947 9,463\n Turnover 51,980 50,982 53,715\n Operating margin 16. 8%.\n Underlying operating margin 19. 1%. 6%."
}
{
    "_id": "d1b3b0712",
    "title": "",
    "text": "Revenue Similar Products\n financial information similar products markets. report revenue Infrastructure Platforms Applications Security Other Products. aligns categories business model. Prior amounts reclassified current.\n table revenue products\n recalculate.\n Infrastructure Platforms networking switching routing wireless data center. revenue increased 7% $1,869 million. Switching Catalyst 9000 data center. Routing modest growth SD-WAN service provider market. double digit revenue growth wireless. data center increased HyperFlex server products.\n Applications AppDynamics. Revenue increased 15% $767 million double digit growth unified communications TelePresence AppDynamics IoT.\n Security Revenue increased 16% $378 million sales identity access advanced threat security unified management web security. Duo acquisition revenue increase.\n decrease revenue SPVSS divested October 28,.\n2019.\n July 27, 2019 28, 29, 2017 Dollars Percent\n revenue\n Infrastructure Platforms $30,191 $28,322 $27,817 $1,869 7%\n Applications 5\n Security.\n Products 1,168\n. $39,005 $36,709 $35,705 $2,296"
}
{
    "_id": "d1b334c52",
    "title": "",
    "text": "ASSETS\n patents domain name from GVR customer relationships technology trademark. patents acquired STI recorded carryover. fair value same exchange. acquired patents domain name. Intangibles recorded fair value. patents amortized 17 years 20 years regulatory. patents amortizing 1 to 11 years December 2019. domain name amortized 10 years. other intangibles amortized three five years.\n Intangible assets December 31, 2019\n foreign currency. impact 2018 $1,000 no impact\n 2019.\n wrote-off $145,000 $96,000 patents. research development expense. no impairments other intangibles.\n Patents $1,801,000 $1,507,000\n Domain name 22,000\n Client Base\n Trademark\n Backlog\n Technology 77,000\n 2\namortization (404,000\n Intangible 1,576,000"
}
{
    "_id": "d1b32635a",
    "title": "",
    "text": "Recast segment changes.\n Global Technology Services revenue decreased. 2 percent 2018 Infrastructure Cloud Services up. 8 percent decline Technology Support Services.\n high solutions exited lower-value. Technology Support Services impacted hardware grew multivendor. cloud revenue $8. billion grew 22 percent 21 percent adjusted.\n year December 31.\n Global Technology Services revenue $29,146 $29,213.\n Infrastructure Cloud Services $22,185 $22,016. 8%.\n Technology Support Services 6,961."
}
{
    "_id": "d1b36508c",
    "title": "",
    "text": "Thomas Clark\n Represents accelerated vesting 33,711 stock options. option agreements January 17, if. employment terminated six months immediately vested all unvested stock options. options remain exercisable less than 90 days after termination. accelerated vesting 33,711 stock options. agreements employment terminated six months immediately vested all unvested stock options. remain exercisable less than 90 days after termination. employment terminated six months immediately vested stock options. remain exercisable less than 90 days after termination.\n accelerated vesting 8,340 unvested performance restricted stock units. if. employment terminated six months. death disability all non units accelerate vested as date termination.\nPayment Termination Systemax Resignation$ Termination Death Disability$ Change Control Only$ Termination Systemax Resignation Change Control$\n Cash Compensation Non-Equity Incentive Compensation\n Accelerated Vesting Stock Option Awards 314,100 (1)\n Restricted Stock Unit Awards\n Performance Restricted Stock Unit Awards 209,800 (2)\n Medical Other Benefits\n Total 523,900"
}
{
    "_id": "d1b3be628",
    "title": "",
    "text": "Cash Flows\n table summarizes cash flow\n Ended December 31,\n Operating $(426) $14,314\n Investing (5,142\n Financing 5,798 8,420\n cash $5,121 $(5,946) $17,592"
}
{
    "_id": "d1b38e284",
    "title": "",
    "text": "\n Capital Management Dividend Policy\n Net debt less cash bank balances hedging balances.\n debt gearing ratio debt capitalisation. debt shareholders’ funds non-controlling interests.\n Interest cover EBITDA pre-tax profits interest expense.\n 31 March 2019 net debt S$9. billion.\n.\n credit. rated A1 Moody’s A+ S&P Global Ratings. healthy capital structure.\n.\n year March 2019 dividend payout 17. 5 cents per share 101% net profit 88% free cash flow.\n March 2019 dividend payout 17. 5 cents per share 101% net profit 88% free cash flow.\n dividends earnings optimal capital structure credit ratings. dividends 17. 5 cents per share next financial year 31 March 2020.\n\n Group\n Gross debt$ 10,396 10,402\n Net debt 9,877\n gearing ratio 24.\n debt EBITDA pre profits. 6.\n Interest cover 16. 2"
}
{
    "_id": "d1b35fd94",
    "title": "",
    "text": ". Operating profit\n Group identified items material nature amount. listed financial performance\n IFRS 16 depreciation property plant equipment restated year 31 March 2018.\n 2018\n Staff costs (56. (54.\n Contractor costs.\n Depreciation property plant equipment.\n Amortisation intangible assets (4.\n Profit sale property plant equipment."
}
{
    "_id": "d1b30812a",
    "title": "",
    "text": "Income Tax\n federal\n 2019 2018 pre-tax losses $19,573 $25,403 future income. full valuation allowances deferred tax assets 2019 2018 NOL carryforwards evidence operating losses uncertainty future taxable income deferred tax.\n December 31, 2018\n States federal statutory rate 21.\n State taxes federal benefit.\n Valuation allowance.\n accounting change.\n R&D Credit. 34%. 53%\n.\n Effective income tax rate."
}
{
    "_id": "d1b34a16a",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n consolidated financial statements\n 2017 2018 2019\n amounts. Dollars\n. Revenues Contracts\n Revenues Cool Pool Limited vessels Net pool allocation ($4,264) 2019$17,818 2018 $7,254 2017) separate Profit Loss Statement.\n exit Cool Pool allocates revenues charters variable rate fixed rate charters. vessels LNG.\n 2018 2019\n fixed rate charters 485,961 515,324,266\n variable rate 64,334\n Cool Pool Limited vessels 38,046 102,253 45,253\n vessel management services 1,222 767\n 525,229 618,344 668,637"
}
{
    "_id": "d1a71b952",
    "title": "",
    "text": "source cash revenue employee stock purchase plan. uses stock repurchase program payroll expenses operating expenses rent cost revenue. uses business acquisitions purchases property taxes share settlement equity.\n Cash Flows Operating Activities\n 2019 $4. 42 billion income non-cash. net income deferred revenue offset outflows prepaid expenses. revenue Digital Media. prepaid expenses sales commissions advanced payments income taxes long-term contract assets.\n Investing Activities\n $455. 6 million purchases property equipment equity interest Allegorithmic. offset sales maturities short-term investments. Note 3 Financial Statements.\n Flows Financing Activities\n $2. 95 billion due treasury stock repurchases taxes settlement offset re-issuance stock employee purchase plan. Repurchase.\ncontinue investing long expansion computer research sales marketing support staff. cash reserves repurchase companies products complementary business.\n operating $4,421. $4,029. $2,912.\n investing (455. (4,685. (442.\n financing (2,946. (5 (1,183.\n foreign currency exchange rates cash equivalents (12.\n cash equivalents $1,007. $(663. $1,294."
}
{
    "_id": "d1a724bd8",
    "title": "",
    "text": ". Deferred income\n contracts.\n 2019 2018 $ million 53. 55.\n Non-current 13. 14.\n 66. 69."
}
{
    "_id": "d1b2ef044",
    "title": "",
    "text": ". Operating Leases\n Company charters vessels from time-charter bareboat charter contracts provides use operates. contract fixed extend charter.\n pays daily hire rate fixed. not required pay hire rate-charters.\n bareboat contracts year 2019 incurred $99. 0 million time-charter bareboat hire expense $68. 2 million lease $30. 8 million non-lease component.\n lease approximate liabilities reduction in operating cash flows. Three Teekay Tankers' time-charter-in contracts option extend charter additional one-year term.\n lease not recognized right-of-use assets lease liabilities. December 31, 2019 lease term discount rate 2. 6 years 6. 1%.\n2019 Teekay Tankers chartered LR2 Aframax 24 months LNG LNG carrier 21 months Parent FSO 12 months right-of-use assets lease liabilities $47. 7 million. 7 million.\n lease liabilities bareboat December 2019\n commitments $4. 3 million (2020. December 31, leases $116. 3 million $90. 4 million $53. 4 million $9. 1 million $9. 1 million (2023) $5. 6 million.\n Non-Lease Commitment\n Payments\n 2020 69,617\n 2021 54,195\n 2022\n 2023\n 2024\n payments 161,730 72,226 233,956\n imputed interest,128\n operating lease liabilities 148,602\n(61,431)\n long-term liabilities 87,171"
}
{
    "_id": "d1b369a38",
    "title": "",
    "text": "Revenues by Geographic Region\n table consolidated revenues by region\n Europe Middle East Africa\n Americas\n decrease revenues Americas 2019 due to lower revenues Destiny franchise.\n EMEA\n decrease due\n lower revenues Destiny Call of Duty: Black Ops 4 October 2018.\n Asia Pacific\n decrease due to\n lower revenues Hearthstone NetEase. no transaction lower revenues Destiny.\n decrease offset by revenues Crash Team Racing Nitro-Fueled June 2019 Sekiro: Shadows Die Twice March 2019 higher revenues Call of Duty: Modern Warfare October.\n 2018 Increase\n Net revenues by geographic region\n Americas $3,341 $3,880\n EMEA 2,239 2,618\n Asia Pacific 909 1,002\nrevenues $6,489 $7,500"
}
{
    "_id": "d1b33207e",
    "title": "",
    "text": "Deferred income taxes reflect differences assets liabilities carryforwards. deferred tax assets\n increase deferred tax assets allowance 2019 2018 due tax carryforwards.\n Realization earnings history future income. $227. million California deferred tax assets. valuation allowance California deferred tax asset balance sales apportionment lower taxable income.\n federal net operating loss carryforwards $109. 8 million. expire 2020.\n state net operating loss $58. 5 million. expire 2020.\n state tax credit carryforwards $322. 4 million. carried forward indefinitely.\n Deferred tax assets\n Tax carry forwards $231,390 $206,073\n Allowances reserves 97,671,559\n Equity-based compensation 14,661\n Inventory valuation differences 18,516\nPrepaid 74,139 65,644\n subsidiaries 16,260\n deferred tax 470,609 437,000\n Valuation (226,928)\n 243,681 237,161\n Intangible\n Convertible debt (46,993)\n,298\n Amortization goodwill (11,299),738\n subsidiaries\n deferred tax liabilities,225\n $83,456,573"
}
{
    "_id": "d1a73f046",
    "title": "",
    "text": "Monte Carlo assumptions\n January 3 2020 $12 million unrecognized compensation cost. years. stock awards 2019 2018 2017 $9 million $13 million $4 million.\n January 3 2020 December\n volatility. 37%.\n Risk free return. 39%. 53%\n average stock price $62."
}
{
    "_id": "d1a7233f0",
    "title": "",
    "text": "ACCOUNTING POLICY\n measure inventories merchandise resale lower cost net realizable value. reverse writedown net value increase.\n equipment resale $2,496 million inventory costs 2019 $2,515 million.\n Wireless devices accessories 380 399\n Other finished goods merchandise 80\n Total inventories 460 466"
}
{
    "_id": "d1b3ab8fc",
    "title": "",
    "text": "Issuer Purchases Equity Securities\n shares repurchased quarter June 30, 2019\n 250,000 shares purchased repurchase plan. no shares surrendered tax stock awards.\n stock repurchase authorizations February 17, 2015 30. 0 million shares. no dollar price targets expiration dates.\n Total Number Shares Purchased Average Price Share Plans Maximum Number Shares Purchased Plans\n April 1 - 30, 2019 3,732,713\n.\n June\n."
}
{
    "_id": "d1b30ab0a",
    "title": "",
    "text": ". Convertible Notes\n December 2016, Company J. P. Morgan Securities Jefferies $90,000 5. 50% senior convertible notes due 2021 institutional buyers Securities Act 1933 non-U. S. persons Regulation. December 2016, Cambridge Equities. Dr. Patrick Soon-Shiong issue sell $10,000 exemption registration Act. 2016, issued additional $7,000. net proceeds $102,714 ($9,917 Cambridge $92,797 Initial Purchasers discount debt issuance costs $4,286.\n December 21, 2016, Company indenture U. S. Bank National Association. interest rates fixed 5. 50% per year payable annually June 15 December 15 June 15 2017.Convertible Notes mature December 15, 2021 unless repurchased or converted.\n December 15, 2016, Company entered Second Amended Restated Promissory Note May NantCapital maturity June 15, 2022 subordinate Note Convertible Notes.\n initial conversion rate 82. 3893 shares common stock per $1 principal approximately $12. 14 per share. September 15, 2021 Notes convertible March 31, 2017 20 trading days last reported sale price common stock greater than equal 120% conversion price five period trading price per $1 principal amount Convertible Notes less than 98% last reported sale price common stock conversion rate (3) corporate transactions Indenture agreement.\n Notes settled in cash, shares common stock option.\nfundamental change holders require Company purchase Convertible Notes $1 or for cash equal 100% principal plus accrued unpaid interest excluding change purchase date. conversion rate events.\n one year after last date original issuance Notes if last sale price common stock 20 trading days 30 consecutive days conversion greater than or 120% conversion price interest make-whole payment to converting holder equal to present values scheduled payments interest Convertible Notes conversion date three years maturity date. values remaining interest payments computed using discount rate equal to 2. 0%. Company pay interest payment in cash or shares common stock.one year after last issuance Convertible Notes last sale price common stock 20 days 30 conversion greater 120% conversion price interest payment to converting holder equal present values scheduled payments Convertible Notes conversion three years maturity date. remaining interest payments computed discount rate equal 2. 0%. pay interest cash or shares common stock.\n accounts for convertible debt instruments settled cash conversion liability equity components separately. liability computed fair value similar liability conversion. interest derivative carrying value Convertible Notes. equity computed total debt proceeds less fair value liability. recorded as debt discount amortized as interest expense over term Convertible Notes.\n liability Notes issuance computed $83,079 interest derivative $1,499 carrying value Notes $81,580.equity issuance was $23,921. debt current liability liabilities equity redeemable security.\n Offering costs $4,286 Convertible Notes allocated liability equity deferred financing equity costs. $972 equity $3,314 deferred financing.\n debt discounts deferred financing amortized to interest expense 12. 82%.\n remaining life Convertible Notes 24 months.\n issuance Consolidated Balance Sheets\n Balance December 31, 2019\n Gross proceeds $10,000 $97,000 $107,000\n Unamortized debt discounts deferred financing costs\n Net carrying amount $8,864 $84,648 $93,512\n Balance December 31, 2018\n Gross proceeds $10,000 $97,000\ndeferred financing (17,567 (19,189\n $8,378,433"
}
{
    "_id": "d1b3a2bc6",
    "title": "",
    "text": ". Plant\n Land buildings improvements $289,051 $267,809\n Machinery 381,656 364,034\n Computer 136,227 130,645\n Capital assets 49,599 38,469\n 856,533 800,957\n depreciation (472,309),651\n,224 341,306"
}
{
    "_id": "d1b341a38",
    "title": "",
    "text": "\n exercisable one-fourth-third per year. after 2014 expire eight years. prior 2014 expire six years. activity 2019\n total intrinsic value $108 million $446 million $198 million options 2019 2018 2017.\n Weighted-Average Price Per Share Contractual Life Intrinsic Value\n Outstanding August 30, 2018 $23.\n Granted 44.\n Exercised.\n Canceled expired.\n Outstanding August 29, 2019.\n Exercisable $25. $143\n Unvested."
}
{
    "_id": "d1b39bfe2",
    "title": "",
    "text": "Acquisition Fagerdala\n October 2 2017 acquired Fagerdala Singapore Pte. manufacturer fabricator polyethylene foam Care division. acquired 100% Fagerdala shares S$144. 7 million $106. 2 million cash $13. 3 million purchase price adjustments finalized third quarter 2018. manufacturing footprint Asia foam presence.\n table summarizes consideration final allocation purchase price.\n Preliminary Allocation Final Allocation\n October 2 2017 Adjustments December 31, 2018\n consideration transferred $ 106.\n Assets\n Cash equivalents 13.\n Trade receivables.\n Inventories.\n Prepaid expenses assets.\n Property equipment.\n intangible assets.\n Goodwill.\n assets 158.\n Short-term borrowings.\n Accounts payable.6.\n liabilities 15. 1\n Long-term debt less 3.\n Non-current deferred taxes 11. 7.\n liabilities 51."
}
{
    "_id": "d1b34f9ee",
    "title": "",
    "text": "Global Financing internal external. revenue grew. percent financing. used equipment sales.\n External revenue declined. 3 percent equipment sales. financing.\n Global Financing pre-tax income gross profit decrease expense.\n year December 31 2018. Change\n External revenue $1,590 $1,696.\n Internal revenue 1,610.\n Total revenue $3,200 $3,168.\n Pre-tax income $1,361 $1,278."
}
{
    "_id": "d1b3b91b4",
    "title": "",
    "text": "financial position\n entity subsidiaries\n Altium Limited guarantees credit card office leases US$261,518 (2018 US$283,752).\n no 30 June 2019 2018.\n.\n accounting policies Group financial statements.\n assets 121,041 73,202\n 383,665 336,032\n liabilities 154,619 90,392\n 92,364\n 126,058 125,635\n Foreign currency reserve 2,607\n compensation reserve 19,561\n profits 79,918 102,680\n equity 228,144 243,668"
}
{
    "_id": "d1b3336c2",
    "title": "",
    "text": "capital management borrowings. manages liquidity short loans bank loans debt instruments varying maturities.\n shareholder value cost capital.\n returns capital objectives. May 2019 returned $1. 7 billion off-market share buy-back. 58. 7 million shares cancelled. complements dividends $1. 4 billion 2018 2019 $3. 1 billion excluding.\n solid credit ratings sale non-core assets capital initiatives adjusting growth expenditure property leasing. credit ratings BBB Baa2 Moody’s.\n 2019 $500 million Medium Term Notes matured. refinanced April 2019 $400 million Term Notes Green Bond Framework. five-year tenor maturing April 2024.\n November 2019 $320 million undrawn syndicated bank loan. maturity.\n ratings issued providers.\nOPENING NON‐CASH CASH CLOSING\n BALANCE\n $M\n unsecured\n Short-term loans 16\n Bank loans 88\n current borrowings 604 274\n Non‐current unsecured\n Bank loans 540 678\n Securities 1,668 110 2\n Unamortised borrowing costs\n Finance leases\n non‐current borrowings 2,199 157 499 2\n 2,803 3"
}
{
    "_id": "d1b3457fa",
    "title": "",
    "text": "Employee Benefit Plans\n Pension\n defined benefit pension plan foreign countries.\n obligations funded status December 31, 2019 2018\n accumulated benefit obligation $43. million $37. 2 million. increase loss discount rate 2019.\n projected benefit obligation\n $37,245 $34,893\n Service cost 1,471\n Interest cost\n Actuarial loss\n 5,091\n Benefit payments\n foreign currency exchange rate changes\n 43,902 37,245\n plan assets\n 24,159\n gain 4,392\n foreign currency exchange rate changes\n 28,016\n Unfunded status period $(15,886)"
}
{
    "_id": "d1a73f2c6",
    "title": "",
    "text": "Selling Administrative Expenses. increased $124. 2 million 2019.\n increased 70 points net sales. PCM North America EMEA August 30.\n variable compensation $90. 9 million personnel costs. facilities travel entertainment marketing expenses.\n Depreciation amortization increased $8. million acquired intangible assets.\n Personnel costs $684,837 $593,955 $90,882\n Depreciation amortization 46,209\n Facility expenses 30,945\n Travel entertainment 28,402\n Legal fees 16,839\n Marketing 11,597\n Other 61,908\n $880,737 $756,529 $124,208"
}
{
    "_id": "d1b351dca",
    "title": "",
    "text": "Contract Balances\n collected services deferred revenue. deferred revenue services customer support contracts.\n term software licenses over. unbilled receivables. Accounts receivable. Long term unbilled receivables Other assets. opening closing balances receivable unbilled receivables deferred revenues\n increase accounts receivable subscription software transactions over. increase deferred revenue deferred customer support revenue 2019.\n revenue deferred $238,603 March 31, 2019. majority customer support arrangements. revenue performance obligations not material.\n Consolidated Financial Statements\n Accounts Receivable Unbilled Receivable Deferred Revenue\n Opening Balance March 31, 2018 $152,219 $9,900 $4,380 $241,113 $84,661\n9,351 5,366 2,836 14,596\n March $161,570,266,439,257"
}
{
    "_id": "d1b305600",
    "title": "",
    "text": "movements foreign currency cashflow hedge reserve NSPT Group non-controlling.\n Taxation impact revaluation applies hedges NSNZPT sub-trust New Zealand tax legislation. tax other hedges Australian legislation.\n hedging reserve gains losses derivatives cash flow hedges. Amounts reclassified profit loss transaction.\n 24 June 2019 Group reset interest rates swaps cash flow hedges. cash outflow $22. 9m reduced financial liability. fair value outflow remains reserve amortised profit loss.\n cash flow hedge non-controlling interest not classified reserves.\n NSPT Group\n Foreign currency translation reserve\n Net investment hedge\n Foreign exchange translation differences\n Cash flow hedge reserve\n Revaluation derivatives\n Taxation impact revaluation\n30 June,881),073)\n,123,188"
}
{
    "_id": "d1b32e9b0",
    "title": "",
    "text": "first quarter 2019 Company determined revenue IT Services Hardware nonrecurring aligned Infrastructure Solutions Consulting. reclassed revenue $26. 6 million $12. 3 million Consulting Infrastructure Solutions months December 31, 2018 2017. reclassification Consolidated Statements Operations\n table presents revenues disaggregated contract type\n December\n millions\n services transferred $31. $25. $20.\n 942. 805. 664.\n 21. 22. 21.\n 995. 853. 706.\n 138. 142. 80.\n 423. 404. 300.\n 4. 3.\n Services 567. 550. 385.\n 170. 168. 101.\n 1,366. 1210. 964.\n $1,536. $1,378. $1,065."
}
{
    "_id": "d1a7231d4",
    "title": "",
    "text": "Prices Common Stock\n 2016 February 2017 common stock traded Nasdaq Capital Market “ACUR”. February 23, 2017 delisted Listing Rule 5550(b)(1) $2. 5 million equity listing market value $35 million net income operations. grace period February 10, 2017 regain compliance.\n February 23, 2017 stock quoted OTCQB June 4 2018 July 2, 2018 quoted Pink. late filing 2017 Annual Report Form 10-K. regained compliance July 3, 2018 quoted OTCQB. May 20 2019 2018 Report relegated OTC Pink tier. compliance 2020 23, quoted OTCQB.\n high low sales prices stock.\n March 27, 2020 closing sales price $0. 22.\n 2019\n Quarter.\n.\n.\n Fourth..\n 2020 Year\n First Quarter March 27,."
}
{
    "_id": "d1b36fd20",
    "title": "",
    "text": "Income Tax Expense\n components\n 2019 2018 2017\n millions\n Current income tax expense\n.\n (28) 20\n. 406 322\n 447\n Deferred income tax expense\n.\n (25) 499 (119)\n (30)\n Non. (185) (1,260)\n (218) (791) (142)\n Income tax expense (benefit (344) 180"
}
{
    "_id": "d1b391b6e",
    "title": "",
    "text": ". Loss per Share\n data loss per share effect earnings dilutive shares.\n earnings per share net income divided by shares. shares 300,437 334,817 490,355 restricted performance shares at March 31, 2019 2018 2017 not.\n Diluted earnings includes dilutive securities. stock options stock-settled appreciation rights restricted shares performance shares dilutive. denominator diluted earnings impact compensation.\n loss diluted earnings anti-dilutive.-average shares diluted net loss per share.\n Year ended March 31,\n 2018\n Net loss $(13,164) $(8,350) $(11,721)\n Weighted average shares basic diluted 23,037 22,801 22,615\n Loss per share\nloss share diluted. 37.\n Anti-dilutive options restricted 1,433 756"
}
{
    "_id": "d1a714cd8",
    "title": "",
    "text": "breakdown revenue shipment\n Asia Pacific China. million 11% Japan $1. 8 million 17% 2019. million. 6 million 12% 2018. 2017 $1. 3 million 11%. 5 million 12%.\n North America United States $4. 7 million 46% $6. 4 million 50% 2018 $4. 2 million 34%.\n Asia Pacific $3,049 $4,905\n Europe\n North America\n $10,310"
}
{
    "_id": "d1b3bd98a",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n. EARNINGS COMMON SHARE\n diluted income share years December 31,\n income Tower Corporation stockholders $1,887. $1,236. $1,238.\n Dividends preferred stock.\n $1,887. $1,227. $1,151.\n average common shares 442,319,606 428,181\n 3,201 3,354\n 445,520,960 431,688\n income $4. 27 $2.\n Diluted income $4."
}
{
    "_id": "d1b34f200",
    "title": "",
    "text": ". SELECTED FINANCIAL DATA\n data statements notes Discussion Analysis Financial Condition Results. not. historical results not indicative future results.\n 2019 2018 2017 balance sheets statements. 2016 2015 not.\n 2019 2018 2017 2016 2015\n Consolidated Statement Operations Data\n Net sales $ 245,862 $193,237 $152,359 $129,707 $113,505\n Cost goods sold 131,665 103,247 79,943 69,336 58,856\n Gross profit 114,197 89,990 72,416 60,371 54,649\n Selling administrative expenses 114,450 94,876 75,167 62,586 58,297\n Loss from operations (253) (4,886) (2,751),215) (3,648\n Other income (525)\nInterest expense (991) (296) (910) (698) (455)\n Loss taxes (1,239) (5,284) (4,187 (3,095) (3,653\n Income tax expense 144 66\n Net loss $(1,383,361,262),161,711)\n loss share\n.\n.\n Average shares common stock\n 35,950,117 35,329,170 34,487,239 33,674,416 33,497,940\n"
}
{
    "_id": "d1b39fd36",
    "title": "",
    "text": "ENERGY INDUSTRIES. FINANCIAL STATEMENTS\n sales product line\n Ended December 31,\n Semiconductor Equipment $403,018 $533,770 $554,063\n Industrial Medical 245,992\n Data Center Computing 91,438\n Telecom Networking 48,500\n $788,948 $718,892 $671,012"
}
{
    "_id": "d1b3acef0",
    "title": "",
    "text": "Remuneration management\n IAS 24\n No Director compensation loss office.\n gains $2,010,731 $852,742 options 2019.\n Report Directors’ remuneration pages 77 101.\n Short-term benefits 3,540. 3,842.\n Share-based payment 1,982.\n 5,523. 4,506."
}
{
    "_id": "d1b32d7cc",
    "title": "",
    "text": "BELL WIRELESS\n Q1 2018 ABPU adjusted CRTC decision roaming rates $14 million.\n Q1 2019 adjusted wireless subscriber base 167,929 subscribers (72,231 postpaid 95,698 prepaid 65,798 (19,195 46,603 shutdown CDMA April 30 49,095 prepaid deactivation 90 43,670 postpaid subscribers 9,366 postpaid subscribers transferred retail high-speed Internet base.\n Q4 2018 adjusted postpaid wireless subscriber base remove subscribers Xplornet acquisition MTS 2017.\n Blended ABPU $68. 32 increased. 8% 2019 higher-value monthly rate increases adjustments\n offset Lower data voice overages Lower ABPU contract Shared customers Lucky Mobile\n wireless activations increased 8.2019 higher prepaid activations lower postpaid. Postpaid activations decreased 2. 9% fewer additions SSC. postpaid activations higher mobile network quality sales execution subscriber base management. Prepaid activations increased 61. 9% growth Lucky Mobile distribution\n wireless churn. 39% increased. pts. Postpaid churn. 13% improved. customer retention network speeds Prepaid churn 4. 44% increased. competitive intensity discount mobile prepaid deactivation policy\n activations grew 7. 4% higher prepaid lower postpaid. Postpaid activations decreased. 2% lower Prepaid activations increased 81,325 higher activations greater deactivations\n subscribers December 31, 2019 9,957,962 increase 3. 6%,482 2018. 9,159,940 postpaid 798,022 prepaid increase 3. 7% 2. 3%.2019 Bell Wireless postpaid stable 92%. Q1 2019 adjusted subscriber base 167,929 subscribers,231 postpaid 95,698 prepaid 65,798 subscribers (19,195 postpaid 46,603 shutdown CDMA April 30 49,095 prepaid subscribers deactivation policy 90 43,670 postpaid subscribers 9,366 postpaid subscribers transferred retail high-speed Internet\n Blended ABPU$/month).\n activations 2,117,517 1,954,792 162.\n Postpaid 1,568,729 1,615,764.\n Prepaid 548,788 339,028 209,760.\n activations 515,409 479,811 35,598.\n Postpaid 401,955 447,682.\n 113,454 32 81.\n Blended churn %. 39%.\n.\nPrepaid. 44%.\n 9,957,962,482,480.\n Postpaid 9,159,940 8,830,216 329,724.\n 798,022,266 17,756."
}
{
    "_id": "d1b326508",
    "title": "",
    "text": "Software License reproduction media packaging delivery documentation royalties third-party software. 2019 decreased $2. 7 million $1. 7 million third-party fees $1. 0 million decrease royalty costs. 2018 decreased $0. 2 million license revenue lower royalty costs. Royalty costs decreased $2. 1 million offset $1. 7 million increase third-party fees.\n Cost Cloud Subscriptions Maintenance Services 2019 salaries expenses maintenance hosting fees. $46. 8 million increase due $25. 8 million headcount $9. 4 million performance-based compensation $8. 5 million computer infrastructure costs. $46. 8 million increase due $25. 8 million headcount $9. 4 million performance-based compensation expense $8. 5 million increase computer infrastructure costs.\n salaries\n maintenance services hosting fees.\n.8 million increase 2019 2018 due $25. million compensation\n headcount cloud operations $9. 4 million\n performance compensation $8. 5 million computer infrastructure costs cloud\n.\n $27. 5 million increase due $11. 6 million performance\n compensation $8. million computer infrastructure cloud $7. million\n headcount.\n adopted new revenue recognition standard January 1, 2018.\n hardware revenue net costs reduces cost sales\n.\n. 2019 decreased $3. 5 million\n 2018 increased $3. 7 million\n Ended December 31,\n Change.\n Cost software license $ 2,626 $ 5,297 -50% -3%\n cloud subscriptions maintenance services $282,341 $235,584 $208,045\n Cost hardware $32,205 N -100%\ncost 284,967 240,881 245,733"
}
{
    "_id": "d1b2e8924",
    "title": "",
    "text": ". Property Equipment\n Depreciation amortization. million $1. million 2019 2018.\n Computers software furniture fixtures $1,406 $1,407\n capital lease 3\n depreciation amortization,448\n $1,583 $2,484"
}
{
    "_id": "d1a722a18",
    "title": "",
    "text": "Research development expenses payroll contracted facility costs. growth product stability functionality. driver software upgrades development.\n expenses decreased $1. 1 million June 2019. due reduction contract labour consulting $6. 8 million facility expenses $4. 8 million offset increase payroll benefits $12. 6 million. driven headcount acquisitions. expenses stable 11%.\n labour resources increased 336 employees 3,331 2018 to 3,667 2019.\n Payroll benefits $12,629 $39,119\n Contract labour consulting (6,791)\n Share-based compensation\n Travel communication\n Facilities\n miscellaneous\n Total change expenses $41,694"
}
{
    "_id": "d1a7166dc",
    "title": "",
    "text": "Past due not impaired\n US$9,319,000 30 June 2019 (2018\n US$6,890,000.\n ageing receivables\n Accounting policy recognised fair value measured amortised cost interest less impairment. 30 to 90 day terms.\n AASB 9 Financial Instruments rules hedge accounting impairment model. applied standard 1 July 2018 simplified losses lifetime. receivables grouped region ageing. heightened credit risk historical default rates information. no expectation recovery balances written-off. doubtful debtors.\n Collectability reviewed. Debts uncollectable written carrying amount. provision impairment. financial difficulties bankruptcy default delinquency 60 days overdue indicators. impairment allowance difference carrying amount estimated future cash flows discounted original interest rate.Cash flows shortterm receivables discounted.\n receivables recognised amortised cost provision impairment.\n 1 month overdue 5,139\n 2 months\n 2 2,756\n 9 6"
}
{
    "_id": "d1b38d302",
    "title": "",
    "text": "Income\n years 2018 29, 2017 differed federal tax rate\n Statutory. Federal tax $6,805 $5,847 $6,443\n Differences\n State local taxes federal benefit 2,078 1,906\n valuation allowance\n Tax Act\n Stock compensation (676)\n Income tax expense $8,210 $7,442 $4,042"
}
{
    "_id": "d1b3969e8",
    "title": "",
    "text": "Seasonality Backlog\n seasonal pattern. third fourth strongest first affected holidays second winter.\n end markets seasonality. sales automotive global production declines impact sales fourth. sales energy market increase third fourth activity.\n orders fluctuate market conditions. Backlog not indicative future sales unfilled orders cancelled. Backlog segment\n majority backlog 2019 filled 2020.\n millions\n Transportation Solutions 1,639 1,779\n Industrial Solutions 1,315\n Communications Solutions 361\n $ 3,315"
}
{
    "_id": "d1a723c42",
    "title": "",
    "text": ". Income Taxes\n 2019 2018\n Domestic $22,330 $(55,197)(7,228\n Foreign (48,204\n $(25,874) $(46,647) $2,596"
}
{
    "_id": "d1b3135ca",
    "title": "",
    "text": ".\n components\n Raw materials $8,921 $6,396\n Finished goods 25,247 16,594\n $34,168 $22,990"
}
{
    "_id": "d1b34622c",
    "title": "",
    "text": ". Basic Diluted Net Loss Per Share\n computed shares common stock less unvested common stock repurchase forfeiture. Diluted shares common stock stock options restricted stock units ESPP convertible senior notes. common stock equivalents excluded loss.\n table basic diluted net loss share December 31, 2019 2018 2017\n Net loss $(53,607) $(26,203) $(4,204)\n-average shares diluted net loss 83,130 79,500 76,281\n Basic diluted net loss per share."
}
{
    "_id": "d1b320acc",
    "title": "",
    "text": ". EQUITY INVESTMENTS\n fair value without value method.\n earnings investments reflected earnings unconsolidated.-to-market gains losses fair value reflected. carrying value equity investments long\n December 29, 2019 December 30, 2018\n investments with fair value\n Enphase Energy, Inc $173,908 $36,225\n without fair value\n Project entities 2,677\n investments without fair value 5,859\n investments with fair value option\n SunStrong Capital Holdings 8,831\n SunStrong Partners 9,500\n Solar Investco 3 Holdings\n fair value option 17,500 8,831\n investments\n Huansheng Corporation 26,533 32,784\n Project entities 2\n26,658 34,828\n $226,602,694"
}
{
    "_id": "d1b3345c2",
    "title": "",
    "text": "non-operating results\n consolidated results\n Interest income increased $4. 2 million $10. 1 million $5. 9 million 2017 fixed deposits VIEs.\n Interest expense increased $42. 6 million $101. 9 million $59. 3 million 2017. due\n $22. 7 million interest expense Hilli sale leaseback\n $21. 7 million lower interest borrowing costs Hilli FLNG\n $7. million deferred financing costs\n $1. 4 million interest expense $402. 5 million convertible bond 2017.\n offset\n $5. 9 million interest expense Hilli disposal\n $5. million higher interest borrowing costs Golar Power.\n derivative instruments increased $51. 2 million $30. 5 million 2018 $20. 7 million 2017.\nunrealized gains interest rate swap agreements December 31, 2018 swap portfolio $950 million hedges. unrealized gains decreased $0. 6 million $6. 6 million 2017 long-term swap rates decreased value. gains increased $8. 1 million 2018 loss $3. 8 million 2017. due higher LIBOR rates.\n Unrealized gains Total Return Swap 2014, three month facility Indexed Swap DNB Bank. extended June 2019. loss $30. 7 million 2018 $16. 6 million 2017. loss due fall share price.\n Unrealized mark-to-market losses Earn-Out Units IDR reset transaction 2016,. decrease Golar Partners' quarterly distribution $0. 4042 per unit 2018 Earn-Out Units mark-to-market loss $7. 4 million 2018 derivative $nil gain $0.million 2017.\n Net income non-controlling interests $19. 7 million $1. 5 million shareholders Hilli LLC Corp 2018 $43. 5 million $32. 9 million equity interests VIEs.\n non-operating expense\n Interest income 10,133 5 4,243 72%\n Interest expense (101,908),305 72%\n derivative instruments (30,541) 20,696\n Other financial items (1,481 2,046%\n Income taxes (1,267)\n income non-controlling interests (63,214) (34,424) 84%"
}
{
    "_id": "d1b347f1e",
    "title": "",
    "text": "Stock-Based Compensation\n Company accounts options employees cost services fair value. recognized expense.\n Options warrants consultants non-employees recorded at fair value grant date adjusted reporting period until expensed vesting period.\n Company measures cost services fair value. measured grant date recognized vesting period. Forfeitures unvested stock options recorded.\n incurred stock-based compensation charges $3. 5 million $1. 5 million years ended December 31, 2019 2018 included general administrative expenses. table summarizes charges\n Compensation benefits $3,247 $949\n Professional legal fees 242\n 3,489 $1,494"
}
{
    "_id": "d1b2f5a7a",
    "title": "",
    "text": "Financial Data\n events earnings trends 2018 2019 Discussion Analysis Financial Condition Results.\n 2017 severance pension benefit acquisition product realignment net gain sale debt redemption costs. 2016. 2015 severance.\n January 1 2019 adopted Accounting Standards Updates modified retrospective. January 1 2018 ASUs FASB. prospective full modified retrospective.\n figures full retrospective. Note 1 financial statements information.\n 2016\n Operating revenues $131,868 $130,863 $ 126,034 125,980 131,620\n Operating income 30,378 22,278 27,425 29,249 30,615\n Net income Verizon 19,265 15,528 30,101 13,127 17,879\n common share 4. 66. 76.\ncommon share. 37\n dividends. 335. 230\n income noncontrolling interests 523\n assets $ 291,727 264,829 257,143\n Debt 10,777 7,190 3,453\n Long-term debt 100,712 105,873 113,642 105,433\n Employee benefit obligations 17,952 18,599 22,112 26,166\n Noncontrolling interests\n Equity Verizon 61,395 53,145"
}
{
    "_id": "d1b321094",
    "title": "",
    "text": "\n table category segment. Travel revenue includes publications Getaways vouchers hotel vacation packages. Local revenue Deals vouchers entertainment offers.\n Asia Pacific\n revenues decreased $1. 4 million 17% 2019. Travel Local revenues $206,000 foreign currency. $887,000 emails. $276,000 Deals vouchers.\n Europe\n revenues increased $749,000 2%. $1. 8 million foreign currency. Travel revenue $2. 9 million increased emails. Local $292,000 Local Deals vouchers.\n North America\n revenues increased $710,000 1%. Travel Local. $1. 7 million increased emails. Local $1. decreased Local Deals vouchers sold.\n customers accounted 10% more revenue.\n Asia Pacific\n $6,274 $7,351\n Local\n revenues 6,490 7,859\n Europe\n32,081 30,856\n 5,293\n Europe 36,898\n 57,863 56,145\n,169\n 68,024 67,314\n 96,218 94,352\n,970\n $111,412,322"
}
{
    "_id": "d1b35a862",
    "title": "",
    "text": "ITEM 7. MANAGEMENT DISCUSSION ANALYSIS FINANCIAL CONDITION RESULTS States Dollars share\n Adjusted EBITDA limitations GAAP measures. limitations\n contractual commitments future cash flows working capital expenditures universally consistent.\n compensates disclosure financial statements reconciliation net income.\n Includes equity compensation employees directors payments non-employees.\n losses fourth quarter 2019 financial guarantee Bank Partner loan 2019. Note 14 Consolidated Financial Statements.\n year December 31, 2019 loss remeasurement tax receivable agreement $9. 8 million professional fees strategic alternatives review process $1. 5 million. December 31, 2018 costs not deferrable proceeds. March 2018 loan upsizing. December 31, 2017 one-time fees affiliate board August 2017 loan transaction.\nyear December 2019 legal fees IPO $2. million tax fees. 2 million lien filing Bank Partner solar loans. 6 million.\n December\n Net income $95,973 $127,980,668\n Interest 23,860\n Tax,125\n Depreciation amortization 7,304\n Equity compensation 13,769\n financial guarantee 16,215\n Transaction 11,345\n Non-recurring 2,804\n Adjusted EBITDA $164,145 $170,023"
}
{
    "_id": "d1b2ef3dc",
    "title": "",
    "text": "Comparison Years 2019 2018\n tables consolidated statements operations percentage change revenue 2019 2018. amounts reclassified interest income.\n Cost Revenue\n Excludes amortization depreciation expenses.\n $37. 9 million increase cost revenue 2019 $32. 8 million 32%, increase cost hardware revenue $5. 1 million 11% increase cost SaaS license revenue. cost software license revenue decreased $0. 4 million $1. 3 million 2019 $1. 7 million 2018. increase cost. hardware hardware units shipped 2019. increase amounts paid wireless network providers.\n Cost hardware revenue 81% 78% 2019 2018. Cost SaaS license revenue 15%. software license revenue 3% 4%. increase cost hardware revenue mix product sales.\n Change\n 2019. 2018.\n Cost\n Cost SaaS license revenue $50,066 $44,933 11%\n133,533 100,782 32%\n $183,599 $145,715 26%\n 37%"
}
{
    "_id": "d1b304a2a",
    "title": "",
    "text": ". Fixed assets\n Accounting policies\n Shares Group undertakings cost less provision impairment capital share-based payments. Contributions recognised note 7.\n Company assesses investments impairment. recoverable amount. less impaired written down recoverable. impairment loss recognised income statement.\n Shares Group undertakings\n 2018\n Cost\n 1 April 91,905\n Capital contributions share-based payments\n Contributions\n March 91,950\n Amounts\n April 8,177\n Impairment losses\n Net book value\n 83,773"
}
{
    "_id": "d1b35da30",
    "title": "",
    "text": ". Directors Officers Corporate Governance\n Board Directors\n name age position.\n biographical summaries.\n Darcy Antonellis Board since December 2018. Chief Executive Officer Vubiquity. Amdocs February 22, 2018 provider content services technical solutions 120 countries 80 languages. June 1998 December 2013,. positions Warner Bros. Entertainment. President Technical Operations Chief Technology Officer. Board Cinemark Holdings. since July 7 2015. B. S. electrical engineering Temple University. Fordham University. expertise executive management operations engineering understanding content services media entertainment industry.\n David. Habiger since December 2016. Chief Executive Officer Power. director March 2014 2016. Chicago Federal Reserve Board. Committee Governance HR Committee\n. CEO Textura Corporation\n. December 2016. Chief Executive Officer Power.SABOR Governance HR Committee Federal Reserve. CEO Textura Corporation. December 2016. Chief Executive Officer Power. director DTS March 2014 acquisition 2016. Chicago Federal Reserve Board. CEO Textura Corporation May 2015 sale Oracle June 2016. Chief Executive Officer NDS Group. video software content security. Sonic Solutions 1992 President Chief Executive Officer 2005 2011. director Echo Global Logistics. GrubHub. Stamps. Control4 Enova International. Immersion RealD. Textura DTS Sonic Solutions. National Association Corporate Directors Advisory Board University of Chicago Center Entrepreneurship. bachelor’s business administration St. Norbert College M. University of Chicago. experience digital media entertainment consumer electronics industry.\n. August 2012 Chairman March 2013. Interim Chief Executive Officer April 15 2013 May 29, 2013.Hill Chief Executive Officer Novellus Systems. acquisition Lam Research 2012. 20 years marketer semiconductor. grew revenues $100 million to $1 billion. Chairman Marvell Technology Group. producer storage communications semiconductor products member board. Interim Chief Executive Officer 2016 July 2016. member Arrow Electronics. provider Cabot Microelectronics supplier. Symantec LSI Planar Systems Autodesk. Yahoo. B. S. Bioengineering Illinois M. B. Syracuse University. expertise management engineering.\n Jon E. Kirchner Chief Executive Officer since June 2017. president Xperi DTS 2016. Chairman Chief Executive Officer 2010 December 2016 member board 2002 December 2016. Chief Executive Officer. DTS 1993 to 2001 senior leadership roles President Chief Operating Officer Chief Financial Officer.Kirchner worked Price Waterhouse LLP. 2012,. received Ernst & Young Technology Entrepreneur Year Award Los Angeles. 2011,. honored Producers Guild America 25 Leaders Emerging award digital entertainment storytelling. serves board Free Media Corporation cross platform TV experiences. Certified Public Accountant B. A. Economics Claremont McKenna College. Board believes. brings experience senior management digital media entertainment industries knowledge Company Board.\n. Molina served Board since February 2018. Board Directors DTS January 2008 2016, Chair Audit Committee Nominating Corporate Governance Committee. tax partner Deloitte & Touche 2004 partner Initiative Retention Advancement Women. twenty years Ernst & Young ten years partner. board experience Sucampo Pharmaceuticals. Royal Neighbors America. received B.Masters Accounting degree University Arizona. Board believes. Molina brings accounting financial expertise experience service.\n George A. Riedel served Board since May 2013. Cerner Corporation health care since May 2019. January 2018. Senior Lecturer Harvard Business School. Chairman Accedian Networks director since 2010. 2017. Chairman CEO Cloudmark. network security company. joined board June 2013, Chairman 2014 CEO December 2014. PeerApp 2011 2014 Blade Network Technologies 2009 IBM 2010. March 2006,. joined Nortel Networks Corporation Chief Strategy Officer. Nortel creditor protection. sale/restructuring carrier business units Ericsson Avaya Ciena. led stand-alone business units patents sales. 2010,.President Business Units 6,500 patents P&L business units sale. 2011 patent sale $4. 5 billion Apple Ericsson Microsoft EMC. Vice President Strategy Corporate Juniper Networks. networking 2003 2006. Director McKinsey Company 15 years technology Asia North America. B. S. Mechanical Engineering University Virginia M. Harvard Business School. Stanford Directors’ College certification. experience restructuring Nortel $4. 5 billion technology leadership Board.\n Christopher. Seams Board since March 2013. Chief Executive Officer director Deca Technologies. subsidiary Cypress Semiconductor 2016. Executive Vice President Sales Marketing Cypress Semiconductor 2005 2013. Vice President Worldwide Manufacturing Research. joined 1990 positions process technology research manufacturing. process development Engineer Manager Advanced Micro Devices Philips Research Laboratories.. Seams Chairman Onto Innovation. Nanometrics. senior IEEE NACD ACCD Engineering Advisory Council Texas A&M University Joint Venture Silicon Valley. B. S Electrical Engineering Texas A&M M. S Electrical Computer Engineering Texas Austin. Certificate Computer Security Stanford University. National Association Corporate Directors. management sales marketing engineering experience semiconductor.\n Darcy Antonellis\n David. Habiger\n Richard. Hill\n Jon. Kirchner\n. Molina\n George. Riedel\n Christopher. Seams"
}
{
    "_id": "d1a72cac2",
    "title": "",
    "text": "\n decreased $4. million to $142. million from $147. million prior. due $9. million reduction cashflow outflow exceptional items. improved use working capital offset overheads Sales Marketing expenses.\n Unlevered free cashflow decreased $15. million to $123. million from $139. million reduction exceptional items.\n IFRS 15 accounting policy research development expenditure tax credit scheme interest tax positions Financial Statements\n Unlevered free cash flow represented by marked cash generation capability\n Excludes non-cash movements exceptional items\n EBITDA2 167. 199.\n deferral revenue.\n expenses.\n.\n.\n Adjusted operating profit.\n.\n.\n Exceptional items.\n.\n.\n Change working capital.\n Corporation tax paid.\ncash flow 142. 147.\n items.\n capital expenditure.\n cash flow 123. 139"
}
{
    "_id": "d1b39aaca",
    "title": "",
    "text": "2019 ADG revenues increased. 4%. improved selling prices 9% better product mix offset volumes 8%.\n AMS revenues grew. 6% growth Imaging. higher selling prices 12% offset lower volumes 7%.\n MDG revenues down. 3% Microcontrollers. lower volumes 10% selling prices flat.\n 2018 product groups double-digit revenue increase. ADG revenues increased. 2% 2017. improved selling prices 21% volumes decreased 5%. flat.\n AMS revenues grew 19. increase Imaging. higher volumes 12% selling prices 8% improved product mix 13% selling prices decreased 5%.\n MDG revenues up. 1% Digital Microcontrollers Memories. higher selling prices 11% volumes flat. better product mix 13% selling prices effect negative 2%.\n 2018\nAutomotive Group $3,606 $3,059.\n Analog MEMS Sensors 3,299 3,154 2,630.\n Microcontrollers Digital ICs 2,638 2,940.\n revenues $9,556 $9,664 $8,347."
}
{
    "_id": "d1b345d9a",
    "title": "",
    "text": "activities 2019 2018 2017 focused expansion new products product footprint Supply Chain Inventory Optimization Omnichannel cloud-based point-of-sale tablet retailing. 2019 2018 2017 capitalize R&D costs costs technological feasibility insignificant. 2019 2017 expansion new products product footprint cloud-based point-of-sale tablet retailing. 2019 2018 2017 capitalize R&D costs costs feasibility insignificant. 2019 2018 2017 expansion product footprint Chain Omnichannel cloud-based point-of-sale tablet retailing. 2017 capitalize R&D costs feasibility.\n 2019 2018 2017 expansion new products product footprint Supply Chain Inventory Optimization Omnichannel cloud-based solutions point-of-sale tablet retailing.\n 2019 2018 2017 capitalize R&D costs costs\n feasibility insignificant.\n2019 R&D expenses salaries personnel costs. increased $15. 7 million 22% 2018. due $10. 6 million compensation $3. million performance-based compensation $1. 7 million computer infrastructure costs headcount.\n increased $14. 2 million.\n $8. 9 million compensation headcount\n $4. million performance-based compensation $0. 7 million computer infrastructure.\n Marketing 2019 salaries commissions travel marketing alliance programs. increased $5. 6 million 11% $4. 9 million performance-based compensation $2. 5 million $1. 9 million marketing. salaries travel. increased $5. 6 million 11% $4. 9 million compensation $2. 5 million $1. 9 million marketing.\n increased $3. 8 million $2. 9 million marketing programs $1. 1 million performance-based compensation.compensation personnel expenses offset $2. million commissions services ASC 606. Sales marketing expenses increased $3. 8 million 2018 2017 $2. 9 million marketing campaign $1. 1 million performance-based compensation $0. 7 million personnel expenses offset $2. million commissions. Sales marketing expenses increased $3. 8 million 2018 $2. 9 million marketing $1. 1 million performance compensation. 7 million compensation expenses offset $2. million decrease commissions.\n Sales marketing expenses increased $3. 8 million 2018 $2. 9 million marketing $1. 1 million performance compensation $0. 7 million expenses offset $2. million decrease commissions expense.\n 2019 salaries personnel costs executive financial human resources technology administrative facilities legal insurance accounting\nadministrative expenses salaries facilities legal insurance accounting. increased $12. million 23% 2019 $8. 9\n million compensation headcount $1. 9 million performance-based compensation $1. 1 million computer infrastructure costs.\n increased $6. 6 million $3. 6 million compensation $2. 4 million performance-based compensation.\n Depreciation Amortization $8. million. 6 million $9. 1 million 2019 2017. immaterial.\n $8. $8 6 million $9. 1 million. immaterial.\n Restructuring 2017 eliminated 100 positions. retail sector demand. restructuring charge $2. 9 million pretax ($1. 8 million after-tax. employee severance transition costs outplacement services. “Restructuring Consolidated Statements Income.\n 2017 eliminated 100 positions due.. restructuring charge $2. 9 million pretax$1. 8 million after-tax. share. employee severance transition outplacement services. Consolidated Statements Income.\n 2019 decreased $18. million $115. 9 million $133. million 2018. margins\n 18. 8% 23.\n transition cloud growth\n. investing R&D innovation cloud operations infrastructure\n. innovation consulting hiring income margins. performance-based compensation expense increased. Americas decreased $18. 9 million flat EMEA APAC.\n 2018 decreased $51. 7 million $133. 9 million $185. 6 million 2017. margins 23. 31. 2% 2017. investment cloud transition lower license revenue. Americas EMEA APAC\n $39. 1 million $9. 4 million $3. 2 million.\n December.\n\n Research development 87,608 71,896 57,704\n Sales marketing 56,860 47,482\n General 64,603 52,618 46,054 23%\n Depreciation amortization 7,987,613 -7%\n Restructuring charge,921\n Operating expenses 217,058 184,389 163,221"
}
{
    "_id": "d1b3403d6",
    "title": "",
    "text": "Warranties\n table summarizes accrued warranty activities 2019 2018\n extended warranties. distinct service transaction price. assurance-type specifications separate performance obligation. warranties recorded liabilities consolidated balance sheets Note. Balance.\n Fiscal Year Ended\n December 29, 2019 30, 2018 31, 2017\n Balance $172,266 $181,303 $161,209\n Accruals warranties 27,717 31,628 29,689\n Settlements adjustments (61,538) (40,665 (9,595)\n Balance end $138,445 $172,266 $181,303"
}
{
    "_id": "d1b33b75a",
    "title": "",
    "text": "PREPAYMENTS DEPOSITS ASSETS\n 31 December 2019 loans investees shareholders repayable one five years year interest-bearing not 12. 0% per annum.\n royalty fees online games prepaid unamortised deferred.\n deposits assets prepayments refundable value-added tax approximated fair values. past due impaired.\n non-current assets\n Prepayments media contents 15,731\n Loans investees\n Prepayments capital investments\n royalty fees\n current assets\n royalty fees 10,888\n Prepayments prepaid expenses 8,353\n Interest receivables 2,774\n Lease deposits\n Dividend investment-related receivables\n Refundable value-added tax 629\ninvestees 447\n 2,608\n 27,840 18\n 51,282"
}
{
    "_id": "d1b351bc2",
    "title": "",
    "text": "Incentive\n May 17, 2019 stockholders approved 2019 Omnibus Equity Incentive Plan. 2011 Omnibus Equity Incentive Plan terminated shares extinguished. attracting retaining officers employees directors consultants performance incentives growth success encouraging ownership linking compensation interests.\n 2019 Plan administered Compensation Human Capital Committee allows issuance stock options stock appreciation rights restricted share units performance awards. Stock option prices fixed not less fair market value. grant price SAR. expiration date after 10 years. 2019 Plan 2,600,000 shares grant. December 27, 2019 2,222,088 shares grant.\n Stock compensation expense $4,399 $4,094 $3,018 fiscal years December 27, 2019 28, 2018 29, 2017.tax benefit stock compensation $883 $864 $1,283 years 2018 2017.\n table activity RSAs\n fair value RSAs vested $3,742 $2,936 $1,703.\n awards time market performance-based grants employees directors five-years. performance vest three-year period service. RSAs profitability return invested capital targets.\n 2019 awarded market-based average closing trade price common stock $39. 86 per share 20 consecutive trading days. fair value determined Monte Carlo simulation future stock prices. risk-free interest rate 2. 2% expected volatility 44. 6%.\n Grant\n December 29, 2017 329,761 $16. 69\n Granted 311,957.\n Vested.\n.\n Unvested 28, 2018 526,730.\n.\n.\n,193).\n December 27, 2019,609."
}
{
    "_id": "d1b30ad1c",
    "title": "",
    "text": "\n Board Directors. no family relationships.\n March 13, 2020\n Brian. Faith joined QuickLogic 1996. President Chief Executive Officer 2016 Vice. engineering marketing sales. board member Global Semiconductor Alliance Chairman Marketing Committee CE-ATA. B S. Computer Engineering Santa Clara University Adjunct Lecturer Programmable Logic.\n Cheung. joined QuickLogic May 2007. Chief Financial Officer Vice President Finance Accounting Officer Principal Accounting Officer Corporate Controller 2007 2018. Manager Dell SonicWALL Senior Accounting Manager VeriFone System. accounting management. PricewaterhouseCoopers auditor tax consultant. Ph. D. Business Administration Masters Accounting Florida International University. Certified Public Accountant.\n Rajiv Jain joined QuickLogic August 1992. Vice President Worldwide Operations April 2014.Jain Senior Director Operations 2011 2014, Process Technology Process 1997 Process Technologist 1992 1997. Senior Yield Engineer National Semiconductor 1991 1992 BiCMOS Monolithic Memories 1985 1988 BiPolar yield wafer. Master’s Chemical Engineering University California Berkeley B. S. Chemical Engineering University Illinois Champaign/Urbana.\n Timothy Saxe. QuickLogic May 2001. Senior Vice President Engineering Chief Technology Officer August 2016 November 2008. Vice President FLASH Engineering Actel Corporation semiconductor November 2000 2001. GateField 1983 founder semiconductor division 1993. Chief Executive Officer 1999 acquired November 2000. B. North Carolina State University. Ph. D. Electrical Engineering Stanford University.\n Election Proxy Statement.\n. President Chief Executive Officer\nCheung Financial Officer Vice President\n Jain\n Timothy Saxe Senior Vice President\n. Farese Chairman\n Andrew. Pease\n Arturo Krueger\n.\n Russell\n Gary. Tauss"
}
{
    "_id": "d1b35141a",
    "title": "",
    "text": ". Property Plant Equipment\n leases September 28,\n $3. 8 $3. 4 million $3. million. additions $6. 7 million $11. 8 million $20. 5 million.\n accounts payable $10. million $11. 2 million $10. 8 million property non-cash transactions Consolidated Cash Flows.\n Buildings improvements $23,717\n Machinery equipment 12,293\n assets 11,831 7,747\n 47,841 42,459\n accumulated amortization (8,762\n 39,079 36"
}
{
    "_id": "d1b2f345a",
    "title": "",
    "text": "\n table cash flow data.\n Activities\n $137. 6 million $183. 9 million 2018. income depreciation amortization stock-based compensation. $46. 3 million lower. capital expenditures lease payments stock repurchases.\n Investing\n paid $753. 9 million $0. 1 million Speedpay. $18. 5 million payment $7. million RevChip TranSend Integrated Technologies. $48. million software property equipment $43. 9 million 2018.\n Financing Activities\n $667. 2 million $57. 7 million 2018. $500. million Delayed Draw Term Loan $280. million Revolving Credit Facility Speedpay repurchases repaid $28. 9 million Loan $41. million Credit Facility. $16. 6 million stock options common stock 2017 Employee Stock Purchase Plan used $4.stock compensation tax. $35. million common stock. $400. million 2026 Notes. $300. million. 375% Senior Notes 2020 repaid $109. million Initial Term Loan. $22. million stock options common stock 2017 Employee Stock Purchase Plan $2. 6 million restricted tax withholdings. $54. 5 million common stock.\n cash\n $137,649 $183,932\n Investing -830,481\n Financing"
}
{
    "_id": "d1a714f9e",
    "title": "",
    "text": "non-employee director appointed after meeting restricted stock option grant appointment equal annual grant\n grants awards vest first anniversary grant or next meeting. No option granted exercisable after tenth anniversary. option exercisable after termination services ending three months after termination.\n table compensation non-employee directors 2019.\n amounts represent grant date fair value stock awards estimated forfeitures reflect financial benefit. Note 13 Consolidated Financial Statements Form 10-K. aggregate shares unvested stock awards non-employee director at December 31, 2019. Hill. Antonellis. Habiger. Molina. Riedel. Seams. None directors held stock options as December 31, 2019.\n Fees Stock Awards Option Awards Total\n Richard S.$106,000 $149\n Antonellis $55\n. Habiger $70,000 $219\n. Molina $81,000 $230\n. Riedel $68 $218\n. Seams $82,000 $231"
}
{
    "_id": "d1b3a590c",
    "title": "",
    "text": "Net Pension Expense\n includes benefit costs pension postretirement plans. determined annually recorded. summary years June 30 2019 2018\n September 2016, changes retirement plans. Benefits frozen December 31, 2016. 1,900 employees transitioned 401(k) plan. plan freeze 2017 eliminated accrual future services. voluntary pension contribution $100. million plan October 2016.\n cost future pension liabilities. pension earnings interest deferrals return assets interest costs benefit obligations amortization gains losses service costs.\n Years Ended June 30\n 2019 2017\n Pension plans $9. $11. $45.\n Other postretirement plans.\n Net benefit costs $11. $14. $48."
}
{
    "_id": "d1b30eaca",
    "title": "",
    "text": "\n table\n working capital assets less liabilities. Fiscal 2019 lease-use assets liabilities Accounting Standards Codification Topic 842.\n balances cash working capital-based loan expenditures debt service liquidity requirements next 12 months.\n capital expenditures $16. 1 million 2019. 2020 $38. 0 million to $42. 0 million. increase expansions distribution facilities. projects facilities improvements efficiency growth customer base.\n December 27, 2019\n Cash equivalents $140,233 $42,410 $41,504\n Working capital $162,772 $160,783 $147,063\n Availability asset-based loan $133,359 $90,015 $64,805"
}
{
    "_id": "d1b3310c0",
    "title": "",
    "text": "lease\n Group commercial leases properties infrastructure vehicles equipment. leases terms escalation clauses purchase options renewal rights significant\n Future payments-cancellable\n payments €1,027 million (2018 €859 million.\n year 2,834 2,686\n two 1,654 1,633\n three 1,227 1,155\n four 950 903\n five 739 717\n five 2,600\n 10,816 9,694"
}
{
    "_id": "d1b33b818",
    "title": "",
    "text": "unaudited information acquisitions not future results. adjustments amortization expense intangible assets.\n acquisitions October 1, 2017\n year September 30, 2018 revenue $9. 1 million net loss $5. 3 million A2iA ICAR businesses consolidated statements.\n years September\n revenue $86,206 $78,130\n net income (loss $889 $(12,268)"
}
{
    "_id": "d1a730c3a",
    "title": "",
    "text": ".\n $773,068\n Buildings 12,574,893 12,206,908\n 15,011 13,424\n Furniture 13,155,018,984\n Vehicles 3,687,901 3,229\n 45,820,954 42,396,025\n (28,165,539 (26,627,541)\n 17,655,415 15,768,484"
}
{
    "_id": "d1b34a034",
    "title": "",
    "text": "Product Warranties\n liability\n accrue warranty costs. 90 days five years limited lifetime.\n 2019 2018 29, 2017\n Balance fiscal year $359 $407 $414\n Provisions warranties 600 582 691\n Adjustments warranties\n Settlements (603) (592) (677)\n Acquisitions divestitures\n fiscal year $342 $359 $407"
}
{
    "_id": "d1b3c2ac0",
    "title": "",
    "text": "table. GAAP non-GAAP\n years 2018 2017 adjusted ASC 606.\n. million costs relocation tantalum powder Carson City Nevada Matamoros Mexico start-up 2019.\n Years Ended March\n Operating income $200,849 $112,852 $34,968\n Non-GAAP adjustments\n loss write down disposal long-lived assets\n ERP transition costs\n Stock-based compensation\n Restructuring charges\n Legal expenses antitrust class actions\n expenses\n Plant start-up costs\n Adjusted operating income-GAAP $237,235 $142,105 $66,976"
}
{
    "_id": "d1b3c47da",
    "title": "",
    "text": "Refranchisings franchisee development table summarizes sold developed gains year\n 2019 2018 2017 include proceeds $1. 3 million $1. 4 million $0. 2 million extension franchise lease agreements sale.\n Charges restaurant leases sublease rental income.\n 2018 represent $9. 2 million costs franchise remodel incentives $8. 7 million reduction $2. 3 million maintenance repair expenses $3. 7 million non-capital charges. 2017 impairment $4. 6 million equipment write-offs $1. 4 million closed.\n Franchise acquisitions 2019 2018. 2017 acquired 50. 31 underperforming franchisee. 19 restaurants 2017 legal action 2013 judgment 2017. closed eight sold 42 franchisees.\n sold\n New opened\n Proceeds sale-operated restaurants\nCash $1,280 $26,486 $99,591\n Notes receivable\n assets property equipment,329)\n Lease charges (11,737\n Goodwill restaurants (10\n (24,791) (9,161\n Gains $1,366 $46,164 $38,034"
}
{
    "_id": "d1b3866b0",
    "title": "",
    "text": ". Trade payables\n owed suppliers contract liabilities. taxes social security. Derivative financial instruments negative market value.\n payables not interest-bearing nominal value.\n deferred income 31 March 2018\n measured fair value level 2 classification\n €823 million (2018 €nil) irrevocable share buyback programme January 2019.\n amounts approximate fair value.\n €1,716 million contract liabilities 1 April 2018 revenue.\n €288 million (2018 €271 million re-insurance third party annuity policy Vodafone UK Group Pension Scheme.\n fair values calculated future cash flows values market interest rates foreign currency rates 31 March.\n non-current liabilities\n Other payables\n Accruals\n Contract\n Derivative financial\n6,541,185\n associates\n taxes 1,218 1,177\n 1,410 1,346\n Accruals 6,120\n Contract 1,818 1,678\n"
}
{
    "_id": "d1b310168",
    "title": "",
    "text": ". Creditors\n Accounting policies\n Capital market bank borrowings\n Interest-bearing loans overdrafts measured fair value amortised cost interest rate hedged. difference transaction costs settlement recognised term\n owed subsidiaries unsecured fixed repayable demand.\n loans €31,157 million due five years 1 April 2019 payable. Interest. 375% to 7. 875%.\n bond debt issuances note 20 capital consolidated financial statements\n year\n Bank loans 4,835\n 232,896 220\n financial instruments\n Taxation\n creditors\n Accruals deferred income\n one year\n Deferred tax\n loans 46,208 32\n financial instruments\n"
}
{
    "_id": "d1b371dd2",
    "title": "",
    "text": ". VOYAGE REVENUES\n spot\n charter 2019 2018 606. comparative information.\n amounts USD\n Spot charter 283,007 259,978 257,495\n Time charter 34,213 29,038,646\n Voyage 317,220,016,141"
}
{
    "_id": "d1b307fae",
    "title": "",
    "text": "Hardware Business\n revenues from sales Oracle Engineered Systems server storage industry-specific hardware products. Each related software interdependent accounted for as combined performance obligation. revenues recognized at delivered ownership transferred. earns revenues from hardware support contracts recognized as revenues delivered term one year. hardware products sold through independent distributors value-added resellers direct sales force. Operating expenses include cost of hardware products materials labor warranty expenses inventory valuation labor infrastructure support sales marketing expenses personnel related variable compensation sales force.\n Excludes stock-based compensation expense allocations. amortization of intangible assets other GAAP-based expenses not allocated.\n hardware revenues decreased in fiscal 2019 due to lower hardware products hardware support revenues.decrease hardware revenues 2019 attributable cloud-based infrastructure technologies reduced sales volumes support contracts. decrease offset increases Oracle Engineered Systems Exadata.\n hardware expenses decreased 2019 lower products costs sales marketing expenses.\n margin increased 2019 lower expenses.\n May 31,\n Percent Change\n Revenues\n Americas $1,889 -6% -4% $2,003\n EMEA 1,082 -10% -5% 1,201\n Asia Pacific 733 -7% -4%\n Total revenues 3,704 -7% 3,994\n Expenses\n Hardware support 1,327 -14% -11%\n Sales marketing 520 -19%\n 1,847 -16%\n Total Margin $1,857 $1,804\n Margin\n Revenues Geography\n Americas 51%\n29% 30%\n Asia 20%"
}
{
    "_id": "d1b313eda",
    "title": "",
    "text": "\n. December 31, 2019 cash equivalents short-term investments $182. 7 million $162. 9 million 2018. excess cash low-risk short-term investments market credit risks.\n refinanced 2015 Credit Agreement extended March 2023 interest rate fees. 2018 Credit Agreement increased liquidity capital resources $30 million.\n $200 million senior secured revolving loan expires March 2023. December 31, 2019 no borrowings outstanding. Agreement covenants financial covenants. compliance.\n cash equivalents-term investment balances regions\n access cash limitations foreign jurisdictions currency controls economic consequences. December 31, 2019 $2. 7 million cash restricted collateralize letters credit.\n Cash Flows. cash flows income non-cash. operating assets liabilities.\n primary source cash operating activities.business model recurring revenue cloud managed services payment software maintenance. reliable cash. software license fees professional services less predictable.\n primary cash operating activities. half operating costs labor compensation fringe benefits travel entertainment expenses. cash computing capacity communication lines paper envelopes supplies processing transaction fees hardware software rent facility costs. purchased under short-term long-term contractual commitments. summary contractual obligations.\n Americas. $125,309 $110,385\n Europe Middle East Africa 50,477 45,884\n Asia Pacific 6,871 6,611\n cash equivalents short-term investments $182,657 $162,880"
}
{
    "_id": "d1b367e4a",
    "title": "",
    "text": "table reconciles EBITDA Adjusted EBITDA to net (loss income.\n Foreign currency exchange loss includes unrealized loss $13. million 2019 (2018 gain $21. million 2017 $82. million 2016 $75. 2015 loss $89. million currency swaps.\n June 2016, Altera canceled contracts UMS newbuildings. accrued damages liabilities.\n net loss $23. 4 million 2016. contracts subsidiaries obligations non-recourse.\n write-down cost-accounted investment $19. million. sold 2017 gain sale $1. 3 million. recognized additional tax indemnification liability $50 million Teekay Nakilat finance leases. 18 Financial Statements Note 15 Other loss.\n equity (loss income non-GAAP alternative. comparable.\nequity depreciation amortization interest income tax contracts finance lease payments vessels derivative instruments foreign currency contracts\n equity investments.\n Ended December 31,\n 2016 2015\n Income Statement Data.\n Reconciliation EBITDA Adjusted EBITDA Net income\n income $(148,986 $(57,747),072) $86,664 $405,460\n Income tax expense 25,482\n Depreciation amortization 290,672 276,307 485,829\n Interest expense 271,255 245,601 262,110 278,145\n EBITDA 438,423 483,885 231,099\n Foreign exchange loss 13,574 (6,140 26,463 6,548\n14,475 53,981 39,013\n vessels 170,310 53,693 270,743 112,246 70,175\n 21,636 11,082 18,737\n (4,131 (10 (24\n losses 14,852 38,854 35,091 102,200\n 1,532 2,047 (8,646\n deconsolidation 7,070 104,788\n equity 282,375 219,395 217,866 137,496\n EBITDA 951,913,633 951,118 1,287,003 1,415,794"
}
{
    "_id": "d1b3b0bd6",
    "title": "",
    "text": "table provides assumptions benefit\n domestic plans discount rate FTSE pension liability index AA instruments. Company monitors indices. international discount rates determined AA indices adjusted duration obligation.\n periodic benefit cost actuarial present value obligations based assumptions. Company revises assumptions longterm trends market conditions retirement.\n Discount rate 4. 75%. 90%. 80%\n Expected return plan assets. 40%. 70%\n compensation increase"
}
{
    "_id": "d1a72a5d8",
    "title": "",
    "text": "Non-Recurring Fair Value\n assets measured Level 3 inputs Note 1 acquired businesses goodwill intangible assets long-lived assets equity investments. measurement value impaired.\n adjusted carrying values ASC not material December 31, 2019 2018. impairment losses Consolidated Statements Operations\n closure under-utilized centers consolidation leased space. recorded impairment charges $1. 7 million $9. 4 million $5. 2 million 2019 2018 2017 exit leased facilities leasehold improvements equipment furniture fixtures not recoverable. Note 5 Costs Exit Disposal Activities.\n impairment charge $0. 2 million write-down vacant parcel land. December 31, 2017.\n Property equipment\n Operating lease right-of-use assets\n"
}
{
    "_id": "d1a740f04",
    "title": "",
    "text": "table summarizes pension cost statements 2019 2018\n included.\n 2019 purchased group annuity contract obligations retirees. pension obligation $24. 4 million 500 participants transferred. funded by assets Pension Plans. recognized pension settlement charge $6. 7 million transfer lump payments.\n 2018 2017 Retirement Plan amended freeze benefit accruals cash participants. recognized pre-tax curtailment gain $1. 2 million $1. 3 million net pension cost 2018 2017.\n Service cost $ 5,809 3,055\n Interest cost 30,327\n Expected return on plan assets (34,627) (38,640\n Amortization\n Net actuarial loss 2,890 6,110\n Prior service cost\n Plan curtailment\n settlement 6,726\n5,489 883 1,086"
}
{
    "_id": "d1b3bf532",
    "title": "",
    "text": "2019 2018\n Sales\n $9. 54 billion increase 20%.\n Grocery & Snacks sales $3. 28 billion decrease $7. 8 million 2018. Volume acquisitions divestitures flat. merchandising changes price elasticity declines production challenges offset innovation. Price mix flat brand building investments higher pricing. acquisition Angie's Artisan Treats 2017 contributed $41. 3 million sales. $115. 9 million sales Wesson oil business. 2018 $156. 4 million.\n Refrigerated & Frozen sales $2. 80 billion increase $51. 0 million 2% 2018. 1% increase volume. innovation offset reduced merchandising spend recall. Price/mix flat offset brand building investments. acquisition Sandwich Bros. 2018 contributed $25. 7 million sales.\n International net sales $793.decrease $50. 1 million 6% 2018. 2% increase volume 4% decrease foreign exchange 2% increase price/mix. driven Canadian snacks frozen businesses. acquisition Angie's Artisan Treats contributed $3. 7 million sales. $4. 1 million Del Monte® fruit. $48. 9 million. $17. 1 million $24. 5 million Wesson ® oil business. sales $793. 4 million decrease $50. 1 million 6% 2018. 2% increase volume 4% decrease 2% increase price/mix. Canadian snacks frozen. Angie's Artisan Treats $3. 7 million sales. $4. 1 million Del Monte® fruit business Canada. $48. 9 million. $17. 1 million $24. 5 million Wesson oil business.\n sales $934. 2 million decrease $120. 6 million 11% compared.2019 14% decrease volume excluding divestitures. value-over-volume strategy sale Trenton Missouri production. Price/mix increased 5% 2018. product customer mix inflation value-over-volume strategy. $34. 2 million net sales Wesson ® oil business sold fourth quarter. 2018 $53. 4 million sales. declined 7% sale Trenton Missouri.\n Pinnacle Foods net sales $1. 73 billion. consumption declines value-over-volume strategy.\n 2019 2018 Sales\n Grocery Snacks. $3,279.\n Refrigerated Frozen 2,804. 2,753.\n.\n Foodservice. 1,054.\n Pinnacle Foods 1,727.\n $9,538."
}
{
    "_id": "d1b362ab2",
    "title": "",
    "text": ". Reconciliation cash flow\n table/profit cash.\n/profit (7,644) 2,788 (6,079)\n Loss discontinued operations 3,535 1,969 4\n continuing operations (4,109 4,757 (1,972)\n Non-operating expense\n Investment income (433)\n Financing costs 2,088 1,074 1,406\n Income tax expense 1,496 4,764\n Operating/profit (951) 4,299 3,725\n Adjustments\n Share-based payments non-cash charges\n Depreciation amortisation\n Loss disposal property equipment intangible assets\n equity associates joint ventures 908\n Impairment losses 3,525\n Other expense\n inventory\nreceivables (1,118\n 739 286 (473\n Cash 14,182 13,860 13,781\n tax (1,131,118\n discontinued operations 858 1,203\n 12,980 13,600 14,223"
}
{
    "_id": "d1b3bb5b8",
    "title": "",
    "text": "Assets Segments\n shows. trade receivables inventory property equipment goodwill intangible assets leased systems.\n assets allocated 2018 revised error. Food Care understated $372. million offset Product Care $369. million 3 million. no impact consolidated assets. goodwill-lived.\n Assets allocated\n Food Care 1,997. 1,914.\n Product Care 2,762. 2,273.\n $ 4,760. 4,188.\n Assets not allocated\n equivalents 262. 271.\n sale.\n Income tax receivables.\n.\n Deferred taxes 238.\n.\n $ 5,765. 5,050."
}
{
    "_id": "d1b33f274",
    "title": "",
    "text": "Cash balances foreign subsidiaries $548,000 $656,000 29, 2019 2018. Earnings reinvested. liquidity. cash flows funding divestitures capital market conditions.\n cash flows\n Net\n 2019 $11. 6 million loss $15. 4 million non-cash charges $4. 3 million. stock-based compensation $3. 1 million depreciation amortization $1. 2 million. $392,000 accounts payable liabilities $1. 5 million offset inventory $483,000 accounts receivable $218,000 $229,000 deferred revenue $158,000.\n 2018 cash $12. 6 million loss $13. 8 million non-cash charges $3. 6 million. write-downs $386,000 depreciation $1. 3 million stock-based compensation $1. 9 million. capital $2.accounts receivable $1. 3 million gross inventory $662,000 assets $879,000 offset accrued liabilities $235,000 trade payables $223,000.\n 2017 cash $12. 9 million loss $14. 1 million non-cash charges $3. 1 million. write-downs $232,000 depreciation amortization-lived assets $1. 4 million stock-based compensation $1. 4 million. capital $1. 9 million accounts receivable $86,000 gross inventory $1. 8 million accounts payable $145,000 accrued liabilities $72,000.\n $921,000 leasehold improvements $576,000 software $365,000.\n $288,000 old equipment.\n $642,000.\n $7. 6 million. 3 million shares common stock. offset repayments tax payments.\n 2018 $22. 9 million additional borrowing $9.million line credit cash $13. 9 million common stock offering May 2018 $676,000 issuance common shares employees. offset finance lease obligations tax payments stock awards.\n 2017 net cash financing $15. 2 million $15. 2 million stock offering March 2017 $352,000 common shares taxes $198,000. offset $344,000 capital software lease obligations.\n require cash business. existing cash equivalents resources Revolving Facility operations capital expenditures twelve months. Facility September 2021 renew alternative. violations debt covenants restrict cash repayment debt. cash requirements revenue profit market acceptance products inventories accounts receivable manufacturing capacity new product development capital expenditures operating expenses. additional equity debt financing. no assurance financing.\n,638,938)\n investing (921) (288) (642)\n financing 7,600 22,862 15,237"
}
{
    "_id": "d1b35610e",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries consolidated financial statements years 31, 2017 2018 2019. S. Dollars. Equity Transactions\n February 26, 2019 Partnership Third Equity Distribution Agreement ATM Programme $144,040 to $250,000. December 31, 2019 unutilized $126,556.\n April 1, 2019 GasLog Partners issued 49,850 common units 24,925 RCUs PCUs $22. 99 per unit.\n June 24, 2019 Partnership Agreement eliminate IDRs 2,532,911 common units 2,490,000 Class B units 415,000 June 30 2019. units rights obligations voting rights participation distributions GasLog. eligible conversion July 1 2020 2021 2022 2023 2024 2025.IDR elimination allocation GasLog profit non revised distribution policy June 30, 2019 98% common unitholders 2% general partner. profit three months June 30 2019.\n Excludes profits GAS-fourteen. April 26, November 14 April 1 2019.\n Dividends non-controlling interests cash distributions units.\n December 31, 2019 cash distributions $73,090 $31,036 common preference-controlling.\n GasLog Partners’ profit(loss\n Common unitholders 75,879 (66,268)\n General partner 1,602\n IDRs\n preference equity distributions 22,498\n 102,597 (37,419)\n 23,882\n non-controlling interests 78,715\n 102,597"
}
{
    "_id": "d1b3c589c",
    "title": "",
    "text": ". Reportable Segments Geographic Information Major Customers\n segments components enterprise financial information evaluated performance resources. internal reporting system financial data. Net sales attributed region product manufactured service. services manufacturing processes customers order fulfillment processes interchangeable. performance operating income (loss. net sales administrative expenses excludes corporate expenses. $13. 5 million employee bonus Reform. not allocated. Inter-segment transactions recorded arm’s length. accounting policies same Company.\n information segment disclosures 2019 2018 2017. Net sales based location\n sales\n United States $1,197,665 $1,000,680 $984,773\n Malaysia 1,138,380 1,118,032 940,045\n China 418,825,977 339,216\n Mexico 231,643 218,264 181,573\n195,837 177,111 114\n United Kingdom 99,825,426\n 14,271\n inter-country (132,012),384\n,434"
}
{
    "_id": "d1b302856",
    "title": "",
    "text": "Income\n 2018 increased $189. 3 million. percent sales $121. 5 million. 2017. Excluding surcharge special items adjusted margin 10. 6 percent 2018 8. percent 2017. reflects stronger demand improved product mix cost improvements offset higher variable compensation expense.\n impacted special items. margin excluding surcharge loss divestiture. impact-GAAP Financial Measures”.\n Net sales $2,157. $1,797.\n surcharge revenue.\n sales excluding surcharge $1,792. $1,558.\n Operating income $189. $121\n Special items\n Loss divestiture.\n excluding $189. $124\n margin. 8%.\n excluding surcharge. 6%"
}
{
    "_id": "d1b3a7cfc",
    "title": "",
    "text": ". Equity shares suspense account\n Regulation 34(3) Schedule V SEBI Listing Regulations equity shares\n 1:1 bonus equity shares.\n voting rights shares March 31, 2019 frozen owner claims shares.\n Number shareholders equity shares\n outstanding shares April 1, 2018 26  820\n Shareholders transfer\n transferred\n transferred IEPF Authority Section 124 Act\n shareholders outstanding shares March 31, 2019 26 1,640*"
}
{
    "_id": "d1b2e96b2",
    "title": "",
    "text": "COST SALES\n producing processing packing shell eggs\n non-egg costs.\n costs feed hen amortization\n. variables\n year 2019 $1,138. 3 million decrease $3. 6 million. 3% $1,141. 9 million 2018. average cost dozen decreased feed ingredients increased. produced 84. 4% eggs 84. 2% previous. Feed cost $0. 415 per dozen $0. 394 increase 5. 3%. less favorable crop conditions. higher ingredient prices. $18. 4 million.\n weeks decreased $34. 1 million 11. 3% $301. 9 million to $267. 8 million. Average cost per dozen decreased 42. 3% lower egg prices. Feed cost per dozen $0. 411 $0. 416 1. 2%.\n Gross profit 16. 4% 2019 24. 0% 2018.decrease lower prices non-specialty eggs.\n Fiscal Year Quarter\n June 1 2019 2018\n Cost sales\n Farm production $ 635,797 $ 603,887. 3 % 162,142 155,471.\n Processing packaging 222,765 214,078. 55,584 53,734. 4%\n Outside egg purchases 249,605  287,472. 44,509 81,623.\n shell eggs 1,108,167 1,105,437. 262,235 290,828.\n Egg products 29,020 35,551. 5,139 10,743.\n 1,142.\n $1,138,329 $1,141,886. $267,818 $301,879.\n Farm production cost dozen\n. 415.\n.\n. 697.. 727.\n egg purchases cost dozen $1. 26.\n Dozen 876,705 873,307. 222,625 215,729.\n 1,038,900 1,037,713. 254,772 251,955."
}
{
    "_id": "d1b382a88",
    "title": "",
    "text": "ASC 740-10 Company adopted interest penalties income taxes\n changes unrecognized tax benefits December 31, 2019\n tax benefits settlement expiration statute 12 months.\n files. foreign tax returns varying statutes limitations. unused losses tax credits years 2003 examination\n Unrecognized tax benefits year $6,029 $3,004 $2,460\n Increases year 1,050\n Decreases\n 2,984 1,975\n end year $8,965 6,029 3,004"
}
{
    "_id": "d1b38439c",
    "title": "",
    "text": "Innovation Investment\n target markets-average growth profit innovation competency contracting barriers. cash program captures research acquisitions markets leading positions return.\n committed innovation technology problems. contributions technological advancements.\n cost company-sponsored R&D Statements Operations\n Years Ended September 30,\n-Sponsored Research Development Expense\n Transportation Systems $ 10,948 13,394 26,308\n Mission Solutions\n Global Defense 10,573\n Unallocated corporate expenses\n research development expense $ 50,132 52,398"
}
{
    "_id": "d1b388000",
    "title": "",
    "text": "Liquidity Capital Resources\n cash financial. expect business financial condition strong cash flows cash equivalents short-term investments $5. 9 billion capital $1. 5 billion revolving credit facility operational financing requirements 12 months. primary sources liquidity dividend payments debt maturities include cash equivalents short-term investments.\n December 31, 2019 cash outside. foreign subsidiaries $2. 8 billion $1. 4 billion December 31, 2018. available U. S. restrictions.\n cash impacted seasonality. sales fourth quarter. consider transactions shareholder value business results divestitures joint share repurchases structural changes. future cash proceeds.\n Sources Liquidity\n Net cash operating activities $1,831 $1,790 $41\n investing\n financing 1,783\n foreign exchange rate changes\nequivalents restricted $1,569 $2,060"
}
{
    "_id": "d1b35133e",
    "title": "",
    "text": "\n ASC Topic 606 unbilled deferred revenue disclosures performance obligations. orders renewal subscription services maintenance revenue. not Consolidated Balance Sheet. Part II Item 8 Note 2 Autodesk obligations.\n unbilled deferred revenue timing subscription agreements billing cycles renewals foreign currency fluctuations\n January 31, 2019 31, 2018\n ASC 605\n Deferred revenue $2,091. $2,269. $1,955.\n Unbilled deferred revenue.\n $2,682. $2,760. $2."
}
{
    "_id": "d1b363ea8",
    "title": "",
    "text": "Interest Income\n summarizes expense\n income decreased cash debt. expense lower debt balance higher interest rates.\n. 2018\n July 27, 2019 2018 2017 Variance\n Interest income $1,308 $1,508 $1,338 $(200\n expense (859) (943)\n $449 $565 $477"
}
{
    "_id": "d1b376b5c",
    "title": "",
    "text": ". Income Taxes\n Nielsen liability method. deferred income taxes differences tax assets liabilities financial reporting amounts balance tax laws rates. future tax benefits valuation allowance. effect change tax rates recognized statements adjustment tax expense enactment date.\n Company records liability unrecognized tax benefits uncertain tax positions. positions likely sustained reflect largest benefit settlement. recognizes interest penalties unrecognized tax benefits.\n December 22, 2017 TCJA changed. reduced. federal corporate income tax rate 35 percent to 21 percent territorial-style taxing system. one-time transition tax foreign subsidiaries created new taxes foreign earnings. December 31, 2017 effects deferred tax balances one-time transition tax. fourth quarter full year 2017 results non-cash provisional net expense $104 million.finalized accounting TCJA 2018 results fourth quarter reduction tax expense $252 million 2017 expense. net tax benefit $57 million transition tax benefit $195 million re-measurement deferred taxes.\n TCJA imposed. tax intangible low taxed income foreign affiliates. earnings excess threshold return. December 31, 2018 Nielsen taxes GILTI current expense financial statements 31, 2019.\n restructuring transferred intellectual property assets entities non-U. S. tax jurisdictions. gain eliminated consolidated financial statements. transferring entity recognized gain. Nielsen recorded income tax benefit $193 million.\n 2019 federal international audits settled tax jurisdictions impact recorded financial statements.\n income) taxes equity net income\n UK non-UK determined location taxing authorities.\n Year December\n\n MILLIONS 2019\n $27\n Non-UK (633) (885) 801\n equity affiliates $(663)(882) $828"
}
{
    "_id": "d1b324668",
    "title": "",
    "text": "Group loss before tax £. 7)m profit £20. 9m 2017/18. loss after tax £. 8)m £7. 2m profit.\n profit before tax £88. increase £9. 4m Trading profit lower interest costs. profit tax increased. £71. 3m 0% tax £16. 7m. 841 million adjusted earnings per share 8. growth +11. 5%.\n earnings share\n Trading profit 128. 123.\n interest. +8.\n profit tax 88.\n Notional tax (19%).\n.\n Average shares 841.\n earnings per share 8."
}
{
    "_id": "d1b31812e",
    "title": "",
    "text": "stock-based compensation expense based on awards expected grants October 1, 2005 reduced for estimated forfeitures. grant revised differ. forfeiture rates years September 30 2019 2018 based on forfeitures.\n No cash settle equity instruments share-base payment 30 2019.\n tables stock option award activity\n shares Weighted average exercise price contractual term Aggregate Intrinsic Value\n Outstanding September 30, 2017 9,376 4. 49\n (1,250 6. 82\n Forfeited\n (4,626) 4. 67\n Outstanding September 30, 2018 3,500 $3. 42\n $2. 99\n Forfeited\n.\n Outstanding September 30 2019 $3. 75. $19\n.\n."
}
{
    "_id": "d1b37a89c",
    "title": "",
    "text": "lease restaurants facilities renewal clauses 1 to 20 years. contingent rentals. rent escalation property taxes insurance maintenance. office equipment. rental obligations option.\n rent expense\n Minimum rentals $184,587 $184,106 $185,696\n Contingent rentals 2,255\n Total rent expense 186,842 186,327 188,115\n subleased properties (170,651 (162,640)\n Net rent expense $16,191"
}
{
    "_id": "d1b39fe30",
    "title": "",
    "text": "\n bonuses paid. DSU equal BCE common share. non-management directors compensation paid DSUs until minimum share ownership 50% DSUs. no vesting requirements. Dividends DSUs credited equivalent BCE common shares. settled holder leaves.\n table DSUs December 31, 2019 2018.\n average value $59 2019 $55 2018.\n DSUs\n January 1 4,391,997 4,309,528\n 84,588\n RSUs 146,960 112,675\n Dividends 236,079\n 31 4,623,099 4,391,997"
}
{
    "_id": "d1b364470",
    "title": "",
    "text": "Customer Contract Balance Sheet Amounts\n Company invoices annual installments. revenue recognition billings unbilled accounts receivable deferred revenue consolidated balance sheets. Amounts balance sheets August 1, 2018 July 31, 2019\n short- long-term expenses assets.\n Unbilled accounts receivable\n contractual terms billing revenue. transfers control software licenses invoices annually two.\n July 31, 2019 transferred ten year license $9. 7 million unbilled accounts receivable July 31, 2019 future billings years ten.\n classified current non-current remaining due date.\n Contract costs\n contract commissions payroll taxes royalties referral fees. classified current non-current amortization date.\n current costs July 31, 2019 $7. 0 million prepaid current assets. non-current $23.4 million balance sheets. amortized $5. 5 million contract costs year July 2019.\n Deferred revenue\n invoiced recognized. current remaining non-current.\n July 31, 2019 recognized revenue $112. 2 million deferred revenue balance August 1 2018.\n Ending July 31,\n Unbilled accounts receivable $ 28,762 46,103\n Contract costs 12,932 30,390\n Deferred revenue (141,685)"
}
{
    "_id": "d1a729e44",
    "title": "",
    "text": "Adjusted Revenue limitations supplemental not substitute financial information GAAP.\n net transaction-based costs largest bitcoin costs deferred revenue adjustment recognized companies calculate.\n consider other measures revenue results.\n reconciliation net revenue Adjusted Revenue\n 2017 2016 2015 2014\n Total net revenue $3,298,177 $2,214,253  $1,708,721  $1,267,118 $850,192\n Starbucks transaction-based revenue 78,903 142,283\n transaction-based costs 1,558,562 1,230,290,200 672,667\n bitcoin costs 164,827\n deferred revenue adjustment purchase accounting $12,853\n Adjusted Revenue $1,587,641  $983,963  $686,618 $452,168 $276,310"
}
{
    "_id": "d1a732ce2",
    "title": "",
    "text": "Assets Liabilities\n $39,531 million ($39,470 million goodwill $34,104 million,058 acquisition Red Hat right-use $4,996 million$5,010 new leasing standard prepaid pension $2,199 million$2,152 returns property equipment $782 million$785 million.\n Long-term debt increased $18,497 million$18,550 million Issuances $26,081 million Reclassifications short-term $7,592 million.\n Noncurrent liabilities $6,778 million$6,911 lease liabilities $3,879 million,893 leasing liabilities $2,352 million$2,320 deferred tax liabilities $1,534 million income tax reserves $923 million.\n Noncurrent assets $113,767 $74,236\n Long-term debt\n Noncurrent liabilities"
}
{
    "_id": "d1b35881e",
    "title": "",
    "text": "FINANCIAL CONDITION LIQUIDITY CAPITAL RESOURCES\n millions\n cash flows 2019 2018 2017\n Operating growth increased earnings higher cash taxes Imaging.\n Investing 2019 acquisitions iPipeline Gatan Imaging. 2018 acquisitions PowerPlan.\n Financing debt repayments borrowings dividends. 2019 $1. 2 billion senior notes $865. revolving debt repayments dividend payments. 2018 debt borrowings $405. 0 offset issuance senior notes $200. dividends.\n working capital negative $505. 4 December 31, 2019 $200. 4 2018 increased income taxes deferred revenue ASC 842 accounts receivable. increase income taxes $200. 0 divestiture Gatan. second quarter 2020. deferred revenue increase software subscription services.\ndebt unamortized $5. 3 billion December 31, 2019 (35. 9% $5. 0 billion 2018 (39. 1%. increased debt due $500. 35% senior unsecured notes $700. 95% senior unsecured notes offset revolving debt borrowings $865. 0.\n September 23, 2016, five-year unsecured credit facility JPMorgan Chase Bank. syndicate replaced previous 2012,. 2016 five year $2. 5 billion revolving credit facility $150. letters credit. term loans additional credit commitments not exceed $500. 0.\n Facility covenants debt mergers sell assets grant liens payments capital expenditures change line business. consolidated leverage ratio interest coverage ratio. restrictive leverage ratio 3. 5 to 1.\n 2016 Facility 4. 1.Deltek acquisition 2016, increased leverage ratio 4. 25 June 30. December 31,.\n 31, 2019 $5. 3 billion senior unsecured notes $0. revolver borrowings. $7. debt finance leases foreign non-U. S. businesses. $74. outstanding letters credit $35. 8 covered group revolving credit capacity.\n redeem senior notes 100% principal premium. Treasury securities.\n debt covenants 2019 2018.\n Note 8.\n Cash equivalents foreign subsidiaries December 31, 2019 $291. $339. 2018 decrease 13. 9%. repatriation $290. acquisition foreign. repatriate earnings tax.\n Capital expenditures $52. $49. $48. 8 2019 2018 2017. Capitalized software expenditures $10. $9. $10. consistent 2019.expect capital software revenues. 0%. 5%.\n Cash\n Operating activities $ 1,461. 1,430. 1,234.\n Investing (1,296. (1,335. (209.\n Financing 177. (388. (1,170."
}
{
    "_id": "d1b3c31be",
    "title": "",
    "text": "CUSTOMER STATISTICS\n Excludes 251,379 units (130,404 Internet 87,873 video 33,102 telephony MetroCast acquisition second quarter 2018.\n percentage homes passed.\n first 2019 broadband adjusted non-served multi-dwelling passings penetration.\n INTERNET 2019 additions 21,189 21,417 additional connects Florida expansion MetroCast footprint high speed growth residential business sectors.\n VIDEO losses 4,697 6,760 competitive offers changing video consumption environment offset TiVo video activation bulk properties Florida quarter.\n TELEPHONY additions 489 5,594 growth business decline residential.\n DISTRIBUTION CUSTOMERS August 31, 2019 52% American broadband customers enjoyed \"double play bundled services.\n additions %\n Primary service units 901,446 16,981 20,251\nInternet,137 21,189 50.\n Video 312,555 (4,697) 35.\n Telephony 142,754 5,594."
}
{
    "_id": "d1b3b29c2",
    "title": "",
    "text": ". Taxation\n note explains Group tax charge. deferred tax section provides future tax charges tax assets view future.\n Accounting policies\n Income tax expense current deferred taxes.\n Current tax based on taxable profit. Taxable profit differs. liability current tax calculated using tax rates laws enacted reporting period.\n Group recognises provisions uncertain tax positions present obligation past future outflow. Uncertain tax positions assessed measured likely outcome. recognises interest late paid taxes financing costs penalties income tax expense.\n Deferred tax temporary differences between assets liabilities financial statements tax bases taxable profit. accounted financial position liability method. Deferred tax liabilities recognised taxable differences assets.\nassets liabilities not recognised if difference from initial taxable profit accounting profit. Deferred tax liabilities not recognised recognition non-tax deductible goodwill.\n Deferred tax liabilities recognised for differences investments subsidiaries associates joint arrangements except Group reversal\n deferred tax assets reviewed adjusted changes taxable profits.\n Deferred tax calculated at rates based tax rates.\n Tax assets liabilities offset legally right set off tax assets against liabilities taxes same\n Tax charged credited to income statement except other income equity recognised in\n income statement tax charge includes relief on capitalised interest\n UK profits offset by allowances capital investment network interest costs €10. 3 billion spectrum payments UK government 2000 2013.\n Income tax expense\n2019 2018\n Kingdom corporation tax expense\n 21 70\n Adjustments years\n Overseas tax expense\n 1,098 1,055 961\n 953\n tax expense 1,062 1,018 950\n Deferred tax\n Kingdom deferred tax\n Overseas tax 3,830\n deferred tax expense 434 (1,897)\n income tax 1,496 4,764"
}
{
    "_id": "d1b33856e",
    "title": "",
    "text": "Share Compensation Expense\n statements\n inventory.\n 2019\n 2018\n product revenue $844 $564 $333\n service revenue 1,639 1,131\n Research development 10,443 7,642 3,312\n Sales marketing 11,747 4,253\n administrative 8,224,453 4,146\n expense $32,897 $27,633"
}
{
    "_id": "d1b2ed03c",
    "title": "",
    "text": "Restricted Stock Unit Award Plans\n two for employees directors 2017 2014. Vesting RSU entitles holder share common stock. non-employee director awards payment cash 40% RSU award. awards cash settlement recorded liability balance sheet marked-to-market until. liability $29 thousand $11 thousand at December 31, 2019 2018.\n compensation cost granted RSU without cash settlement RSU’s fair value less exercise cost. amortized to expense recorded additional paid-in capital vesting period.\n summary grants under RSU Plans December 31, 2019 2018\n RSUs Vested\n. 459 262\n Granted 333 759\n Distributed (267) (262)\n Vested 825 459\n Forfeited\n.1,017 951"
}
{
    "_id": "d1b3b229c",
    "title": "",
    "text": "table shows difference effective federal\n rate 2019 13. 0% 18. 3% 2018. decrease due $2. 2 billion non-recurring tax benefit disposition preferred stock 2019 deferred tax benefit $2. 1 billion\n reorganization offset goodwill charge not deductible 2018.\n tax rate 2018 18. 3% (48. 3)% 2017. increase due non non-cash tax benefit $16. 8 billion 2017 re-measurement. deferred tax liabilities 21%. TCJA 22, 2017.\n provision taxes 2018 includes Media goodwill impairment charge offset reduction. corporate income tax rate 35% to 21% non-recurring deferred tax benefit $2. 1 billion reorganization.\n 2017 Securities and Exchange Commission issued Bulletin 118 TCJA. provisional estimate impacts earnings December 31, 2017 December 22, 2018.2018 Verizon TCJA IRS. Treasury guidance state tax law changes no adjustments $16. billion amount December 2017.\n December 31, 2019 federal income tax rate 21. 35.\n State local income tax rate federal tax benefits 3.\n Preferred stock disposition.\n Affordable housing credit.\n Employee benefits ESOP dividend.\n tax reform re-measurement.\n Internal restructure.\n Noncontrolling interests.\n Non-deductible goodwill.\n.\n income tax rate 13. 0% 18. 3%."
}
{
    "_id": "d1b32c61a",
    "title": "",
    "text": "assets\n Security deposits\n $8. million (2018 $4. 2 million bank guarantees.\n Customer incentives\n discounted capitalised amortised.\n Costs\n 1 July 2018 capitalised cost amortised customer life.\n 30 June 2019\n Prepayments 2,631\n Capitalised transaction costs 1,496\n Security deposits 8,822 4\n Customer incentives 625\n assets 412\n Contract costs\n assets 14,432 9,154"
}
{
    "_id": "d1b375cb6",
    "title": "",
    "text": ". FINANCIAL DATA\n statements. 7. Financial Condition 8. Financial Statements Annual Report.\n adopted ASU 2014-09 Contracts 2018. adjusted balances 2017 2016. not adjusted 2015 2014-09.\n January 1 2019 adopted Accounting Standards Codification method equity. Results 2019 ASC 842 not adjusted accounting ASC 840.\n.\n Balance Sheet Data\n cash equivalents securities $68,363 $207,423 $223,748 $133,761\n Goodwill $79,039 $72,858\n assets $984,812 $982,553 $1,012,753 $867,135 $627,758\n stockholders’ equity $539,010 $621,531 $655,870 $322,859"
}
{
    "_id": "d1a72949e",
    "title": "",
    "text": "\n Registrant processed chicken prepared items.\n Processed chicken salable ice-packed whole. Registrant adds value removing giblets weighing packaging labeling cutting deboning specifications. giblet removal weighing cutting increase value handling cutting labor costs shrinkage consistently sized portions.\n Registrant adds value deep chilling packaging chickens fresh trays brand name weighed pre-priced needs. process increases value shelf life weighing packaging labor uniform packaging.\n Registrant freezes chicken product handling storage distribution marketing shipment overseas 60 days.\n table contribution net sales product lines.\n Fiscal Year Ended October 31,\n 2018 2017 2016 2015\n Registrant processed chicken\n Value added\n Fresh vacuum-sealed.3 % 35. 2 39. 8 % 37. 6 35. 2%\n chill-packed 32. 35. 31. 34. 36.\n bulk-packed 14. 15. 16. 15. 13.\n 6. 5 5.\n 91. 92. 93. 92 5 92\n Non-value\n ice-packed 1. 9\n. 2\n 93. 93. 6 94. 93 4 93\n 7. 6. 5. 6 7\n 100."
}
{
    "_id": "d1b3c6a8a",
    "title": "",
    "text": "7 MANAGEMENT’S DISCUSSION ANALYSIS FINANCIAL CONDITION RESULTS OPERATIONS\n discussion financial condition results operations years December 31, 2019 2018 with audited consolidated financial statements notes Form 10-K. contains forward-looking statements Private Securities Litigation Reform Act 1995. statements relate future plans objectives expectations intentions. reasonable assumptions results could differ. Factors include “Risk Factors” section Part I Item 1A. no obligation update forward-looking statements new information.\n Results Operations\n Comparison Year Ended December 31, 2019 to December 31, 2018\n Net Sales $93,662 year ended December 31, 2019 decrease $9,688 9. 4% versus prior year.net sales lower consumption dairy. decline driven by lower branded Skyr offset new item introductions.\n Gross Profit decreased 23. 6% 2019 from 25. 0% 2018. reflects sales softness operating leverage increased freight costs depreciation variable costs.\n Selling Expenses decreased $2,415. 9% to $11,062 from $13,477 2018. advertising marketing lower efficiency changes. 11. 8% 13. 0% 2018.\n General Administrative Expenses decreased $788. 8% to $12,828 $13,616 2018. lower compensation expense professional fees increased legal expenses.\n Goodwill Intangible Asset Impairment goodwill impairment charge $1,244. Note 5 Consolidated Financial Statements Form.\n Net sales $ 93,662 103,350.\ngoods $ 68,367 74,646 6,279\n Depreciation expense 3,146\n cost $ 71,513 77,492 5,979.\n Gross profit $ 22,149 $ 25,858 (3.\n.\n Selling expenses $ 11,062 13,477 2,415.\n.\n expenses $ 12,828 13,616 788.\n.\n Goodwill intangible asset impairment 1,244.\n Amortization expense $ 192 631.\n operating expenses $ 24,082 28,968 4,886.\n.\n Loss operations $ (1,933) (3,110 $ 1,177.\n."
}
{
    "_id": "d1b397cf8",
    "title": "",
    "text": "December 2019 sold securities $52. 0 million no gain loss. 2018 2017 sold $10. 8 million $118. 3 million gains less than $0. 1 million. Note 11. “Fair Value Measurements”.\n tables summarize unrealized gains losses December 31, 2019 2018\n 31, 2019 no investments loss 12 months. 2018 15 investments $207. 2 million loss 12 months unrealized losses $1. 8 million. due interest rates. hold securities until cost basis.-temporarily impaired.\n 2019\n Foreign debt. $387,775 $551 $506\n government obligations 21,991\n. debt 65,970 66,134\n Time deposits 335,541\n. $811,277 $747"
}
{
    "_id": "d1b30d0f8",
    "title": "",
    "text": "Revenue Segment Information\n sales agreements $5,492. million $5,849. million 2019 2018. product development agreements $25. 9 million $29. 3 million.\n Company three segments PSG ASG ISG. wafer manufacturing facilities fabricate ICs costs reflected. segments defined sales.\n allocate income taxes interest segments evaluated gross profit. restructuring impairments charges expenses inventory reserves nonrecurring expenses not allocated.\n operates operations sales marketing information systems finance administration groups. expenses allocated results.\n Revenue gross profit segments\n December 31, 2019\n Revenue external customers $2,788. $1,972. $5,517.\n Segment gross profit 976. 794. 2,046.\n December 31,\n Revenue external customers $3,038. $2,071.$768. $5,878.\n 1,110. 317. 2,305.\n Revenue $2,819. $1,950. $772. $5,543.\n 959. 817. 2,080."
}
{
    "_id": "d1b36fe9c",
    "title": "",
    "text": "INCOME TAXES\n Domestic (1,698,689 (2,468,805\n Foreign,222\n (1,750,911) (2,557,531)"
}
{
    "_id": "d1b2e42de",
    "title": "",
    "text": "table revenues category segment. Travel publications Getaway vouchers hotel platform. Local revenue Deals vouchers entertainment.\n Revenue geography billing address advertiser.-lived assets. international geographies country.\n Ended December 31,\n Pacific\n $6,274 $7,351\n revenues 6,490 7,859\n Europe\n 32,081 30,856\n 5,293\n 36,898,149\n North America\n 57,863 56,145\n 68,024 67,314\n,218 94,352\n $111,412"
}
{
    "_id": "d1b3c11c0",
    "title": "",
    "text": "Operations 2018 2017 thousands percentages\n income expense\n Interest expense decreased 2018 2017 lower debt balances reduction interest swaps one-time charge liability settled 2017. income increased higher interest rates. expense driven foreign currency losses appreciation. Dollar Euro. income 2017 gains depreciation. Dollar.\n Years Ended December 31,\n 2017\n Interest expense $(2,085) $(3,343)\n Interest income 1,826 1,284\n Other (expense income (2,676) 3,817\n $(2,935) $1,758"
}
{
    "_id": "d1b35b1fe",
    "title": "",
    "text": "Profit After Tax\n increased. US$52. million from US$37. million previous.\n effective tax rate 8% 6%. reflects deferred tax asset relocation USA. benefits valuation.\n Note 3 annual report.\n 2019 2018\n Revenue US$’000\n Designer software licenses 62,377 51 22%\n subscriptions 58,468 13%\n advertising 17,940\n licenses 12,293 44%\n maintenance 22%\n 6,635 37%\n revenue 3 (25%)\n 91%\n Product Revenue 171,819"
}
{
    "_id": "d1b3abb86",
    "title": "",
    "text": ". Financial Data\n consolidated financial statements.\n Discussion Analysis Financial Condition Results Operations Consolidated Financial Statements notes.\n January 1 2019 guidance leases 2015 – 2018. 3.\n January 1 2018 revenue recognition 2015 – 2017. 2 Revenues.\n amounts reflect results Symphony WhistleOut Telecommunications Asset acquisition Clearlink Qelp November 1 2018 July 9 May 31, 2017 April 1 2016 July 2 2015, merger integration costs. 4.\n amounts 2019 2018 2017 include exit costs impairments long-lived assets. 5.\n 2018 include $1. 2 million Slaughter settlement agreement. Note 22,.\n 2017 includes $32. 7 million 2017 Tax Reform Act.Note 20 Income Taxes Financial.\n Company declared cash dividends share five years.\n Ended December 31,\n 2019 2018 2017 2016 2015\n Revenues $1,614,762 $1,625,687 $1,586,008 $1,460,037 $1,286,340\n Income operations 89,800 63,202 87,042 92,373 94,358\n Net income 64,081  48,926 32,216 62,390 68,597\n Income Common Share\n.\n.\n Average Common Shares\n 41,649\n Balance Sheet\n Total assets $1,415,500 $1,171,967 $1,327,092,236,403 $947,772\n Long-term debt 73,000 267,000\nequity 796,479 724,522"
}
{
    "_id": "d1b38920c",
    "title": "",
    "text": "2018 granted equity awards executive officers. Friar Henry Reses Whiteley compensation committee considered past future contributions existing equity awards competitive market data. awards retention goals align compensation market.\n. Friar resigned Chief Financial Officer November 16, 2018.\n One-twelfth 10% shares option vest equal installments year April 1 2018-thirty-sixth 90% installments three years April 1 2019.\n 2. 5% RSAs vest four installments 7. 5% 12 years.\n 16,695 RSAs 2. 5% vest four installments 7. 5% 12 three years. 11,784 RSAs one-sixteenth vest 16 equal quarterly installments four years October 1, 2018.\n. Daswani Murphy additional equity awards interim co-CFOs. Murphy April 2018-wide compensation review.grants recommended manager reviewed People Lead approved compensation committee.\n 1,336 RSAs one-sixteenth 16 quarterly installments four years April 1 2018. 2,862 2. 5% four installments 7. 5% 12 installments three years April 1 2019.\n 1,527 RSAs one 16 installments four. 3,435 RSAs 2. 5% four installments 7. 5% 12 three years 2019.\n. Dorsey equity awards 2018 committee equity ownership aligned interests stockholders.\n Executive Officer Securities Options RSUs Fair Value$\n. Friar 109,026 38,159 (3) 3,479,299\n. Henry,479,299\n.\n. Whiteley 2,339,553\n. Daswani 4,198 187,861\n. Murphy 4,962 222,050"
}
{
    "_id": "d1b3b308e",
    "title": "",
    "text": ". Stock option award plan\n accounting equity compensation estimates financial statements. estimates include.\n Expected Dividend dividends stock price.\n Expected historical volatility.\n Risk-Free Interest Treasury rate.\n.\n Forfeiture forfeiture historical data.\n-average per share grant fair value options $8. 92 2019 $8. 45 2018 $7. 06 2017. assumptions fair value options three years December 2019\n-Scholes Assumptions Dividend yield 4. 5%. 6%.\n Expected volatility 28. 3%. 7%.\n Risk-free interest rate 2. 5%.\n Expected life option term years 4. 3"
}
{
    "_id": "d1b33fdd2",
    "title": "",
    "text": "Stock Compensation\n RSUs options ESPP shares 2017 allocated\n revenue $207 $78 $52\n Selling marketing 2,967 1,577\n Research development 2,013\n General administrative 4,450 2,821\n $9,637 $8,950 $5,478"
}
{
    "_id": "d1b37b6c0",
    "title": "",
    "text": "\n Mobile penetration rate market share India.\n.\n 31 March 2018.\n Telkomsel Airtel\n mobile penetration rate 123%\n 31 March 2019 51. 2%.\n 31 March 2018 48. 5%. 8%. 7%. 1%\n Mobile customers\n 168,642 41,491 384,078 83,490\n 59,025 9,676 144,770 39,307\n Growth mobile customers -13%."
}
{
    "_id": "d1b350100",
    "title": "",
    "text": "revenues by location shipment classified. products ordered U. S. companies Asia Pacific affiliates revenues.\n 2019 revenues grew. 8% Americas Power Discrete flat Asia decreased. 6% EMEA lower sales Microcontrollers Power Discrete. 2018 revenues grew led Asia Pacific EMEA growth Imaging Automotive.\n Ended Variation\n 2019 2018\n EMEA $2,265 $2,478 $2,142. 7%\n Americas 1,351.\n Asia Pacific 5,940.\n Total $9,556 $9,664 $8,347."
}
{
    "_id": "d1b3b50be",
    "title": "",
    "text": "Note 19 Segment Geographic Information Customers\n Company operates manufacturing wafer semiconductor equipment. segments qualify aggregation customer base economic characteristics processes procurement.\n operates seven regions United States China Europe Japan Korea Southeast Asia Taiwan. revenue long assets.\n Revenues assets region\n 2019 four customers 15% revenues. 2018 five 25%. 2017 23% 16% 12% 11% 10%. No customers 10%.\n-lived assets\n United States $933,054 $784,469 $575,264\n Europe 72,928 73,336,211\n Korea 28,200,312\n China 6,844\n Taiwan\n Japan 5,750\n Southeast Asia\n $1,059,077 $902,547"
}
{
    "_id": "d1b3c4c80",
    "title": "",
    "text": "income taxes\n Ended December 31,\n 2019\n provision taxes\n $49 $44 $48\n 1,716 953 1,023\n 1,765 997 1,071\n Deferred tax\n Federal\n 109\n deferred\n taxes $1,407 $1,082 $1,206"
}
{
    "_id": "d1b3af34e",
    "title": "",
    "text": ". Income Taxes\n Ended March 31\n Domestic $75,659 $85,263 $215,573\n Foreign 99,290 107 117\n $174,949 $333,243"
}
{
    "_id": "d1b36c2c4",
    "title": "",
    "text": "Investments\n Sophos Holdings Limited Group 100% share capital.\n share-based payment expenses equity awards.\n 31 March 2019 31 March 2018\n 1,035.\n 94.\n 31 March 1,130. 1,099."
}
{
    "_id": "d1b3506a0",
    "title": "",
    "text": "table intangible assets acquired estimated lives acquisition.\n developed technology AgileCraft’s planning technology. customer relationships. backlog acquisition.\n Value Useful Life\n.\n Developed technology $34,600\n Customer relationships 16,900\n Backlog 1,400\n Total intangible assets amortization $52,900"
}
{
    "_id": "d1b35f72c",
    "title": "",
    "text": "Results Operations\n table summary consolidated statements periods revenues. comparisons not indicative future. Percentage revenues rounded not subtotal.\n discussion consolidated statements 2019 compared 2018. financial condition 2018 2017 Item 7 Annual Report Form 10-K fiscal year December 31, 2018 filed SEC March 14, 2019 available website.\n Stock-based compensation expense\n Amortization intangible assets\n Restructuring-related expenses\n Year Ended December 31,\n % Revenue\n Revenues net $49,036 $58,631\n Cost revenues 22,843 47 27,154\n Gross profit 26,193 53 31,477 54\n Operating expenses\n Sales marketing 15,836 32 23,425\n Research development 17,845 22,450\n General administrative 10,466 13,113\ngoodwill 1,910 14,740\n expenses 46,037 73,728\n Loss operations (19,844,251)\n Gain divestiture 5,064\n Other income 2,252 1,593\n Loss taxes (12,528) (40,658\n Net loss,408) $(41,244)"
}
{
    "_id": "d1a715854",
    "title": "",
    "text": "Accrued Liabilities\n reserves price concessions stock rotation rights distributors. year 2018 receivable accrued liabilities. ASC 606. Note 1 consolidated financial statements.\n Accrued compensation benefits $133. $87.\n Income taxes 46.\n Sales reserves 366.\n Accrued expenses liabilities 240.\n accrued liabilities $787. $229."
}
{
    "_id": "d1b2e2d26",
    "title": "",
    "text": "CUSTOMER STATISTICS\n adjustments migration new customer management system third quarter 2018.\n.\n quarter Canadian broadband services new customer management system replacing 22 systems. contact center congestion lower services activations fourth quarter first quarter 2019. Contact center marketing operations returned normal end first quarter 2019.\n Variations\n INTERNET 2019 additions 5,966 14,173 prior high speed bundle offers increased demand resellers offset competitive offers contact center congestion.\n VIDEO 2019 net losses 39,185 37,035 competitive offers changing video consumption environment contact center congestion offset digital video fast Internet.\n TELEPHONY 2019 net losses 23,333 32,987 technical issues system increasing wireless penetration offers offset growth business sector more telephony bundles promotional activity second half.\nAugust 31, 2019 69% Canadian broadband customers enjoyed services.\n Net additions %\n Years\n August 31,\n Primary service units 1,810,366 (56,552)\n Internet 788,243 5.\n Video service customers 649,583 (39,185),035) 36.\n Telephony service 372,540 (23,333) (32,987 21. 22."
}
{
    "_id": "d1b306aa0",
    "title": "",
    "text": ". EBITDA\n grew. 2019 2018 growth segments. Higher revenues reduced operating expenses drove growth. margin 42. 2% up. pts IFRS 16 service revenue low-margin product sales.\n Bell Wireless 3,842 3,521  321.\n 5,414  5,321.\n Media 850  693  157. 7%\n BCE EBITDA 10,106  ."
}
{
    "_id": "d1b2e9950",
    "title": "",
    "text": "Deferred tax assets\n valuation allowance tax benefits $183. million foreign items operating losses $7. million state tax credits.\n 2019 valuation allowance decreased $20. million. driven Reinvent SEE initiatives foreign tax rates.\n net operating loss carryforwards $899. 4 million expiring 2020 unlimited carryover. state loss carryforwards $569. 3 million expire 1 19 years.\n deductible.\n Net operating loss carryforwards.\n state credits.\n Employee benefit items.\n Capitalized expenses.\n Intangibles.\n.\n-total deferred tax assets.\n allowance.\n deferred tax assets.\n Depreciation amortization.\n Unremitted foreign earnings.\n.\n.\n deferred tax.\n deferred tax assets 207."
}
{
    "_id": "d1b38e950",
    "title": "",
    "text": ". PROPERTIES\n operate 31 centers Canada. 7 million square feet. 59,500 square foot Cincinnati Ohio 10,000 square foot Chicago Illinois. properties leased. distribution processing corporate facilities state square footage February 21, 2020.\n acquisitions Sid Wainer & Son Cambridge Packing.\n headquarters Ridgefield Connecticut.\n properties good condition facilities adequate capacity.\n Size\n California 618\n New York 231,100\n Texas 214\n Illinois 144\n Ohio 120,400\n Maryland\n Nevada\n Oregon\n Ontario\n Florida\n New Jersey 38\n British Columbia\n Alberta 16\n Arizona\n Washington\n 1,807,300"
}
{
    "_id": "d1a73744a",
    "title": "",
    "text": "FINANCIAL\n translation assets foreign subsidiaries associates joint ventures Australian Dollar Indian Rupee Indonesian Rupiah Philippine Peso Thai Baht United States Dollar.\n financial position healthy.\n.\n assets stable Videology Airtel Africa Dollar. liabilities increased investments.\n. liabilities increased.\n Currency translation losses weaker Australian Dollar Indian Rupee Optus Airtel.\n 31 March\n assets 7,078\n Non-current 41,837\n 48,915\n liabilities 8,794\n 19,105\n Net assets 29,810\n Share capital 4,127\n Retained earnings 27,513 27,269\n Currency translation reserve (1,768\n Other reserves\n Equity shareholders 29,838 29,737\n-controlling (28)\n equity 29,810"
}
{
    "_id": "d1b301744",
    "title": "",
    "text": ". equity shareholding March 2019\n. Top ten shareholders\n consolidated.\n shares Percentage\n Promoters 2,702,450,947.\n Mutual Funds 93,357,668.\n Banks Institutions 2,750,113.\n Insurance Companies 196,172,807.\n,842,601.\n Nationals 4,854,682.\n Bodies 26,208,151.\n Public Others 130,744,399.\n Investment Fund 1,663,495\n TOTAL 3,752,384,706.\n shares Percentage\n. Tata Sons 2,702,450,947.\n. Life Insurance Corporation 152,493,927.\n. Mutual Fund 21,680,561.\n. 19,248,438.\n.,475.\n. Developing Markets 16,731,906.\n. Prudential Life Insurance 16,139,316.\n. Axis Mutual Fund 15,244,614.\n. Dhabi 15,036,984.\n. Vanguard 14,112,213."
}
{
    "_id": "d1b3c38ee",
    "title": "",
    "text": "Contributed equity ordinary shares Group. reconciliation traded on-market.\n 27 May 2019 off-market buy-back 58,733,844 ordinary shares. bought back at $28. 94 14% discount market price $33. 64 dividend $24. 15 per share ($1,419 million capital $4. 79 per share ($282 $1 million transaction costs. shares bought back cancelled.\n Holders dividends one vote per share meetings. rank after creditors entitled proceeds liquidation.\n Note 6. 2 options performance rights. no dividends voting rights.\n 1,258,690,067 paid ordinary shares (2018 1,313,323,941)\n Balance start period.\n Share buy-back.\n dividend reinvestment plan.\nperiod 1,258. 7 1,313. 6,201\n SHARES TRUST\n (4. 9) (3. 4)\n shares incentive plans.\n dividend reinvestment plan.\n Purchase shares Woolworths Employee Share Trust (2.\n end period (6. 9).\n equity 1,251. 8 5,828 1,308. 4 6,055"
}
{
    "_id": "d1b375108",
    "title": "",
    "text": "Inventories.\n lower-cost. first-in first-out. material manufacturing costs. Company records reserves obsolete demand. summary\n 27, 2019 28, 2018\n Finished Products $40. $15.\n Process 9. 14\n 67. 54.\n Inventories $116. $84."
}
{
    "_id": "d1b333ef6",
    "title": "",
    "text": "\n exposed operating financing carrying amounts.\n exposed trade receivables obligations. risk minimized large diverse base. minimal risk derivative instruments December 31, 2019 2018. deal institutions investment-grade credit ratings expect meet obligations. monitor credit risk exposure.\n change allowance doubtful accounts trade receivables.\n 2019\n Balance January 1\n Adoption IFRS 9\n Additions\n Balance December 31"
}
{
    "_id": "d1a734894",
    "title": "",
    "text": "\n expenses increased $71. 5 million. 5% December 2019 2018 $28. 7 million employee costs$12. 2 million stock-based compensation payroll $14. million finance costs net liability non-recurring HST $8. million sales taxes insurance bank fees $9. million Shopify Payments losses $8. million losses $6. million professional services $1. million computer software costs $1. 6 million bad debt. increased $71. 5 million. 5% 2019 $28. 7 million employee costs$12. million stock compensation payroll $14. 9 million finance costs liability-recurring HST $8. million sales taxes insurance bank fees $9. million Shopify Payments losses $8. million losses insurance $6. million services $1. million computer software costs $1. 6 million bad debt.\nadministrative expenses increased $39. million. 7% December 2018 2017 $30. million employee costs $4. 5 million professional $4. million finance costs insurance $1. 7 million computer software costs.\n 2019 2018\n $ 178,934 $ 107,444 $ 67,719 66. 5 % 58. 7 %\n revenues 11. 3 %. 1"
}
{
    "_id": "d1b3086e8",
    "title": "",
    "text": "\n achievement financial targets.\n-average grant 2019 2018 2017 $56. $40. $41.\n Unrecognized compensation expense unvested PRSUs $16. million December 31, 2019. years.\n Unvested shares December 31, 2018 1,924 $40.\n.\n Forfeited.\n Unvested shares December 31, 1,752 $44."
}
{
    "_id": "d1b3504c0",
    "title": "",
    "text": "Assets\n strategic equity investment privately-held. non-marketable controlling interest. market value. records impairment adjusts price changes. July 2019 2018 no changes value $10. 7 million.\n Prepaid expenses $2,640\n Contract costs 23,375\n Deferred costs 8,867\n Strategic investments 10,672\n Other assets $45,554"
}
{
    "_id": "d1b3679a4",
    "title": "",
    "text": "presents remuneration external auditors.\n Assurance services procedures sustainability.\n non-audit services financial due diligence.\n auditors associates Deloitte Touche Tohmatsu Australia.\n Deloitte Touche Tohmatsu\n Audit financial 3,055 2,778\n Assurance 341\n Tax compliance services\n non services\n 3,618 3,271\n Audit 432\n Assurance\n Tax compliance services\n auditors’ remuneration 4,162 3"
}
{
    "_id": "d1b335698",
    "title": "",
    "text": ". Operating Expense Items\n non-audit fees current financial year March 2019 S. 4 million S. 2million KPMG LLP Singapore KPMG Australia tax services certification review regulatory. previous year fees. 2 million S. 3 million Deloitte & Touche LLP Singapore Deloitte Touche Tohmatsu Australia.\n Audit Committee services affect independence auditors. independence.\n Operating expenses\n Auditors' remuneration\n KPMG LLP Singapore.\n KPMG Australia.\n Other KPMG offices.\n Deloitte Touche LLP Singapore.\n Deloitte Touche Tohmatsu Australia.\n.\n Non-audit fees\n KPMG LLP Singapore.\n KPMG Australia.\n Other KPMG offices.\n.\n Deloitte Touche Tohmatsu Australia.\n offices.\nreceivables 121. 128\n inventory obsolescence.\n lease. 470."
}
{
    "_id": "d1b35b460",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION FINANCIAL STATEMENTS amounts millions\n. PROPERTY EQUIPMENT\n leases\n leased land depreciated life renewal residual value.\n fiber DAS assets.\n improvements.\n 31, 2019\n Towers $13,930. $12,777.\n Equipment 1,897. 1,667.\n Buildings improvements 638. 628.\n Land improvements 2,486. 2,285.\n Construction-progress. 358.\n 19,325. 17,717.\n depreciation (7,241.\n Property $12,084. $11,247."
}
{
    "_id": "d1a733cf0",
    "title": "",
    "text": "stock SARS compensation\n income tax expense Consolidated Statements.\n Ended August\n value SARS $335 $909 $5,053\n stock units $49,725 $62,592,010\n Tax benefit compensation $611 $1,122 $560\n Unrecognized compensation $41,778\n-average. 3years"
}
{
    "_id": "d1b2eb570",
    "title": "",
    "text": ". 2019 Performance Periods Goals. 2019 four quarterly Periods March June September December 31, 2019. two goals Revenue Operating Margin. chart Revenue Operating Margin Goals Periods.\n net revenues third parties services product Form 10-K 2018. gross sales less discounts refunds contra-revenue.\n non-GAAP operating income divided Revenue. less cost operating expenses excluding stock-based compensation expense amortization acquisition intangibles legal settlement charges adjusted acquisitions\n 2019 Performance Period Revenue Goal Operating Margin\n Q1 $199. 1%\n Q2 $211. 3%\n Q3 $227. 6%\n Q4 $243. 8%"
}
{
    "_id": "d1b3879b6",
    "title": "",
    "text": ". increased 15% $144. 4 million 2019 2018 margin 70 points to 14. 7% net sales. sales 2019 2018\n North gross profit 2019 increased 19% percentage net sales increased 80 points.\n product margin funding 30 points. due hardware software margin.\n Services margin improvement 50 points increased vendor funding cloud solution offerings referral fees. 21 point improvement Insight delivered services.\n EMEA’s gross profit 2019 increased 3% 8%. margin increased 40 points.\n gross profit increased 1% 6% 22. 1% 2019 from 21. 2% 2018. due changes sales mix higher margin products services.\n %\n NorthAmerica 871,114. $732,695.\n EMEA $227,083.\n APAC $39,901. $39,556.\n Consolidated $1,138,098.$993,718."
}
{
    "_id": "d1b383802",
    "title": "",
    "text": "26. Income\n Ended December 31,\n Foreign currency gains $(1,262) $2,029\n derivative instruments hedges (674) (1,751)\n gains trust 2,379 1,619\n miscellaneous income (857) (1,659)\n,248 $1,258"
}
{
    "_id": "d1b325108",
    "title": "",
    "text": "Section 5\n attract retain employees. employee benefits obligations. employee share plans compensation key management personnel.\n.\n planning activities Group. remuneration report pages 38 53.\n KMP aggregate compensation\n years 2019 2018\n transactions KMP\n 2019 2018. no transactions.\n Short-term employee benefits 3,728,367 2,780,820\n Post-employment benefits 151,851 184,614\n Share-based payments 651,748 320,560\n Termination benefits,015 841,940\n 4,898,981"
}
{
    "_id": "d1b39e3fa",
    "title": "",
    "text": "MANAGEMENT DISCUSSION\n. adjusted currency. divested businesses.\n 2019 results impacted Red Hat acquisition activity.\n $2. billion. diluted earnings share 2018. tax reform.\n December 31\n year December 31.\n Revenue $ 77,147 $ 79,591.\n Gross profit margin 47. 3% 46. 4%.\n Total expense $ 26,322 25,594.\n Income operations taxes $ 10,166 11,342.\n Provision taxes $ 731.\n $ 9,435.\n.\n Net income $ 9,431.\n Earnings share 10.\n-average shares.\n $152,186 $123,382.\n $131,202 $106,452.\n 20,985 16,929."
}
{
    "_id": "d1b3c1508",
    "title": "",
    "text": "\n Unbilled subscription shipping charges Consolidated Balance Sheet.\n $000\n January 1\n Indirect taxes 36,821 3,774\n Unbilled revenues 31,629 12,653\n receivables 9,660 11,191 7\n Accrued interest 5,754\n receivables 6,665 8,620\n 90,529 41,347"
}
{
    "_id": "d1b315a5a",
    "title": "",
    "text": "Investing Cash Flow Activities\n December 2019\n cash absence sale businesses. sale Netsmart OneContent cash inflows offset acquisitions Practice Fusion Health Grid. Capital expenditures decreased 2019.\n 2018\n cash inflows driven $567 million sale Netsmart $241 million divestiture OneContent.\n purchase Practice Fusion Health Grid offset lower capital expenditures 2018.\n increased 2018 due acquisitions Netsmart.\n Year Ended December\n thousands 2019 2018\n Capital expenditures $(16,600) $(31,309) $(38,759) $14,709 $7,450\n Capitalized software (113,836) (113,308) (118,241) 4,933\n Cash paid business acquisitions (23,443) (177,233) (169,823) 153,790 (7,410)\nbusinesses 807,764\n Purchases equity securities assets (7,191) (16,934) 9,743 (11,328)\n proceeds investing\n (161,056),034 (332,214) (630,090) 801,248\n discontinued operations (221,021),758) (140,263)\n(161,056) $248,013,972),069) $660,985"
}
{
    "_id": "d1b2fbac4",
    "title": "",
    "text": "Company unrecognized tax benefits $15. 7 million $3. 0 million June 30 2019 2018. recognizes interest penalties tax positions.\n files tax returns federal state local jurisdictions United States Canada Kingdom France. no longer subject 2014.\n 30 Balance $3. $0.\n Additions current year tax positions 1.\n prior year 11.\n Reductions settlement tax authority.\n end year $15. 7 $3.\n Interest penalties $2. $0.\n income tax rate 10.\n next."
}
{
    "_id": "d1a728170",
    "title": "",
    "text": "summary contractual commercial commitments 29, 2019\n mandatory principal interest payments Class A-2 Notes. repayment dates.\n purchase commitments food beverage packaging restaurant operations.\n payments non-qualified defined benefit plan postretirement healthcare deferred compensation plan 2029.\n letters credit interest reserves Indenture insurance.\n noncontributory defined benefit pension plan full-time employees January 1 2011. additional. Contributions asset performance interest rates tax law regulatory funding. no minimum contribution 2019. Note 12,Retirement Plans consolidated financial statements.\n Payments Due Fiscal Year\n 1 1-3 3-5 5 years\n Long-term debt obligations 1,708,916 65\n Capital lease obligations 3,937\nlease 1,094,011 193,313 332,020 205,173\n Purchase 1,906,900,100 308,400\n Benefit 74,714 15\n $4,788,478,128,447,185,318,195,611,102\n Commercial Commitments\n letters credit $45,600"
}
{
    "_id": "d1b3a0f92",
    "title": "",
    "text": "Administrative Expense\n increased $8. 6 million 2018 2017. due $3. 7 million employee costs stock-based compensation headcount 79 89. $2. 8 million depreciation amortization $1. 5 million compliance $0. 4 million software subscription. 2 million office expenses.\n Ended December 31,\n $ 31,462 22,895 8,567. 4%\n revenue"
}
{
    "_id": "d1b345656",
    "title": "",
    "text": ". Accrued Liabilities\n Fiscal Year\n Accrued payroll employee benefits 455 565\n Dividends 308\n Restructuring reserves\n Income taxes\n Deferred revenue\n Interest 31\n Share repurchase 18\n liabilities $ 1,613 1,711"
}
{
    "_id": "d1b3a1550",
    "title": "",
    "text": "Item 6. Selected Financial Data.\n consolidated audited financial statements. read Financial Statements Notes Item 7 Part II Annual Report.\n diluted earnings per share compensation. loss operations adjusting anti-dilutive loss net income.\n weighted-average shares diluted net loss per share.\n Year ended March 31,\n 2019 2018 2017 2016 2015\n results\n Net revenue $140,842 $127,360 $120,366 $103,514\n Gross profit 73,880 64,417\n Operating loss (13,081) (12,080) (11,408\n net taxes (13,164) (8,350 (11,721) (3,765\n Net loss(13,164,350\n Per share data\n Net loss..\n shares 23,037\n Balance\n Cash equivalents $40,771 $39,943,255 $75,067\n capital 20,707 19,343 27,183 41,401\n assets 163,591 157,207,305 185,157\n debt\n equity 100,622 108,431 113,669 123,473"
}
{
    "_id": "d1a72ccde",
    "title": "",
    "text": "Share Compensation compensation costs payments 2019\n tax benefits $1. 8 million $1. 3 million $1. 1 million. administrative statements.\n 2019 unrecognized compensation cost non RSAs PSAs $10. 6 million recognized. 7 years.\n Restricted stock $ 4,013 $ 3,249 1,986\n Performance shares 2,823\n $ 6,836 $ 5,119"
}
{
    "_id": "d1b34a9f8",
    "title": "",
    "text": "table fiscal year March 2019 option exercises stock vested officers\n Option Exercises Stock Vested 2019\n value closing common stock price.\n value stock awards RSUs vested settled FY19 RSUs 6/1/2019 PRUs vested settled FY20.\n value vesting closing price common stock PRUs.\n Option Awards Stock Awards\n Shares Acquired Value\n Gregory S. Clark 342,338 7,467,791\n Nicholas. Noviello,155 4,699,993 2,419,818\n Amy. Cappellanti-Wolf 92,644 1,997,239\n Samir Kapuria 112,125 2,497,640\n Scott C. Taylor 103,798 2,216,595"
}
{
    "_id": "d1a726d7a",
    "title": "",
    "text": "intangible assets\n Non-amortizing brands trademarks.\n Amortizing 20 years customer relationships acquired intellectual property. 2019 2018 2017 recognized amortization expense $49. 1 million $34. 9 million $33. 6 million. $58. 3 million next five years high $59. 9 million 2020 $54. 2 million 2024.\n 2019 reclassified $15. 1 million $1. 7 million goodwill noncurrent assets.\n recognized $76. 5 million Chef Red Fork®. $13. 1 million Aylmer® Sundrop International.\n 2018 $4. 0 million HK Red. $0. 8 million Aylmer®.\n 2017 goodwill impairment charges $198. 9 million $139. 2 million Canadian $59. 7 million Mexican.impairment charges reporting segments quarter 2017 units deterioration forecasted sales profits foreign exchange rates.\n declining sales quantitative impairment test intangibles. recognized impairment charges $31. 5 million Del $5. 5 million Aylmer® International. $67. 1 million Chef $1. 1 million Fiddle Faddle® Grocery Snacks.\n Consolidated Financial Statements Fiscal Years Ended May 26, 2019 27, 2018 28, 2017\n Gross Accumulated\n Non-amortizing intangible assets $3,678.\n Amortizing intangible assets.\n. $1,494."
}
{
    "_id": "d1b3b7382",
    "title": "",
    "text": ". Liabilities\n June 30 2019 2018:\n compensation benefits $71. $83.\n financial instruments 16.\n postretirement benefits 14. 15.\n Deferred revenue 10.\n interest.\n income taxes.\n pension liabilities.\n 26. 24.\n liabilities $157. $148."
}
{
    "_id": "d1b361932",
    "title": "",
    "text": "assets liabilities OpCo Balance Sheets September 30 2019 2018\n assets restricted not operations Cubic. debt non-recourse. loss P3 $2. 7 million letter credit converted cash MBTA.\n $\n Restricted cash 9,967\n assets\n Long-term costs\n 115,508\n noncurrent assets 1,419\n $ 127,274 $ 45,002\n Trade accounts\n Accrued compensation liabilities\n long-term liabilities 21,605\n debt 61,994\n liabilities $ 108,958 $ 20,958\n Cubic equity\n Noncontrolling interests\n equity $ 127,274 45,002"
}
{
    "_id": "d1b31d0c0",
    "title": "",
    "text": ". Revenue\n Contract assets liabilities 31 March 2019\n £1,216m contract liability 1 April 2018 revenue. Impairment losses £36m. no significant changes asset liability balances.\n 31 March 1 April\n assets\n 1,353 1,417\n liabilities\n 1,406\n"
}
{
    "_id": "d1a72b046",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars share\n Note 9. Liabilities\n table liabilities Consolidated Balance Sheets.\n elected fair value method servicing liabilities. Note 3.\n party distributions liabilities.\n Note 3 8 interest rate swap liability December 31, 2019.\n Tax liabilities Reorganization Transactions.\n Deferred lease liabilities calculated lease ASC 840 December 31, 2018. new guidance ASC 842 January 1 2019 lease liabilities separately. Note 1 14.\n Accruals liabilities adjusted exclude financial guarantee. Note 1.\n Transaction processing liabilities $24,465 $4,958\n Servicing 3,796\n Distributions\n Interest rate 2,763\n Tax\n Deferred lease 2,489\n Accruals 9,442\n$47,317,051"
}
{
    "_id": "d1b33a314",
    "title": "",
    "text": "16C. PRINCIPAL ACCOUNTANT FEES SERVICES\n audit-related tax fees Ernst & Young LLP fiscal years June 30 2019 2018\n Audit Fees audit annual quarterly foreign statutory audits services Ernst & Young LLP. include accounting consultations research comfort letter services exchangeable senior notes.\n Audit-Related Fees services not Fees. control audits due diligence acquisitions.\n Tax fees tax compliance planning advisory services.\n Other fees additional products services principal accountants.\n audit committee pre-approval policy independent accountant audit-audit services.-approves. services principal accountants pre-approved.\n 2019 2018\n.\n Audit fees $2,980 $3,469\n Audit-related fees (2) 447\n Tax fees (3) 220 238\n Other fees (4)\n,856,157"
}
{
    "_id": "d1b34147a",
    "title": "",
    "text": "operating expense share-based\n 2019 paid €79 million-based payments restructuring. share-based not restructuring expenses.\n millions 2019 2018\n cloud software 138 78\n services 246 142\n Research development 429\n Sales marketing 562\n General administration 461 88 135\n-based expenses 1,835 830 1,120\n cash-settled 1,664 674 963\n equity-settled 171 156"
}
{
    "_id": "d1b3bc6e8",
    "title": "",
    "text": "Includes cloud services license support revenue adjustments not recognized in GAAP statements accounting requirements. revenue adjustments included in operating segment results. See.\n Excludes stock-based compensation expense allocations. excludes amortization of intangible assets other GAAP-based expenses not allocated to operating segment results.\n Excluding cloud license revenues increased 2019 due to growth support due to increased customer purchases renewals increased cloud license on-premise license revenues. applications infrastructure revenues grew. Americas region contributed 43% EMEA 31% Asia Pacific 26% revenues growth.\n cloud license expenses increased 2019 due higher sales marketing cloud services license support expenses employee expenses technology infrastructure expenses.\n cloud license total margin increased 2019 due to increased revenues margin decreased due to expenses growth.\n\n Ended May 31,\n Percent Change\n 2019\n Cloud License Revenues\n Americas $18,410 2% 3% $18,030\n EMEA 9\n Asia Pacific 5,004 4\n revenues 32,582 4%\n Expenses\n Cloud services license support 3,597\n Sales marketing 7,398\n expenses 10,995\n $21,587 $21,387\n 66%\n Revenues Geography\n Americas 57%\n EMEA 28%\n Asia Pacific\n Cloud services license support $26,727 2% 4% $26,269\n 5,855\n revenues $32,582 4% $32,041\n Ecosystem\n Applications $11,510 $11,065\n Infrastructure revenues 21,072 3% 20\nrevenues $32,582 4%"
}
{
    "_id": "d1b2f539a",
    "title": "",
    "text": "Results Operations\n December 31, 2019 2018\n management reviews financial measures service revenue results cash flows. tables results.\n non-cash equity compensation expense $994 $895 2019 2018.\n $17,466 $16,813.\n Service Revenue. increased 5. 0% 2018 to 2019. Exchange rates impacted $5. 3 million. foreign currency comparisons 2019 average exchange rates 2018. increased service revenue increasing sales representatives expanding network adding buildings penetration lower prices.\n Revenue recognition standards taxes Universal Service Fund fees regulatory fees. taxes statements. revenues 2018 to 2019 $2. 4 million.\n net-centric customers purchase price per megabit. corporate customers bandwidth per connection. Revenues corporate net-centric customers represented 68. 4% 31. 6% total service revenue 2019 64. 35.1% service revenue 2018. corporate customers increased. 6% to $373. 7 million 2019 $337. 8 million 2018 increase. net-centric customers decreased 5. 4% $172. 5 million 2019 $182. 3 million 2018 decline average price per megabit. revenue declined slower declined 23. 9% 2018 2019. net-centric market pricing pressure expect lower price. average price megabit corporate revenues greater net-centric revenues lower. foreign exchange rates net-centric revenues.\n on-net revenues increased 5. 9% 2018 2019. connections 8. 4% December 31, 2019. 3. 8% decline on-net ARPU net-centric customers. determined revenue average connections. average price per megabit charges. decline on-net ARPU attributed volume term based pricing discounts.on-net customers service ARPU greater than new due declining prices. on-net ARPU 23. 9% decline average price per megabit.\n off-net revenues increased 2. 7% 2018 to 2019. 6. 3% December 31, 2019. due 5. 0% decrease-net ARPU.\n Network Operations Expenses. personnel facilities costs fiber maintenance leased circuit costs access facilities fees excise taxes. Non-cash equity-based compensation expense. increased 0. 1% 2018 to 2019 8. 0% more customer connections 125 more on-net buildings December 31, 2019. increase network expansion off-net revenues taxes offset price reductions fewer fiber leases. cost circuits.\n Administrative Expenses. increased 9. 8% 2018 to 2019.Non-cash equity compensation SG&A $17. 5 million 2019 $16. 8 million 2018. increased salaries expansion sales headcount. sales force increased. 8% 619 2019 total headcount. 3% 974 to 1,055.\n Depreciation Amortization Expenses. decreased. 2% 2018 2019.\n Gains Equipment Transactions. exchanged used equipment new gains $1. 1 million 2019 $1. million 2018. gains estimated fair value equipment. more equipment.\n Interest Expense. $445. million secured notes $189. 2 million unsecured notes installment payment agreement finance lease obligations €135. million 2024 Notes. interest expense increased. 5% 2019 due $70. million secured notes €135. million unsecured notes 2019 finance lease obligations. 2024 Notes issued €135. million.June 25. 2024 Notes issued Euros reported US Dollars. December valued $151. 4 million gain $2. 3 million.\n Tax. $15. 1 million 2019 $12. 7 million 2018.\n. December 2019 2018 2,801 2,676 buildings.\n Service revenue $546,159 $520,193.\n On-net revenues 396,753 374,555.\n Off-net revenues 148,931.\n Network operations 219,801.\n 146,913 133,858.\n Depreciation amortization 80,247.\n Gains equipment transactions.\n Interest expense 57,453.\n Income tax 15,154."
}
{
    "_id": "d1b30ec14",
    "title": "",
    "text": "Basic Diluted Net Loss per Share\n computed-average shares. Diluted dilutive shares. same periods impact dilutive securities anti-dilutive. uses converted method dilutive effect.\n shares excluded\n 2024 Notes 2019 paid $44. 9 million capped call option agreements reduce dilution. 2022 Notes 2017 paid $12. 9 million dilution.\n December 2019 terminated capped call options received $5. 8 million. agreements excluded diluted net loss antidilutive.\n Ended December 31,\n 2018 2017\n Convertible senior notes 6,733,914,199\n Stock-based compensation grants 2,038,174 2,562,274 3,268,610\n Total 8,772,088 5,973,473"
}
{
    "_id": "d1b35a9fc",
    "title": "",
    "text": "Benefit Pension Plan Assets\n managed by insurance companies investment managers selected by Autodesk Trustees with. Investments follow local regulations Autodesk not involved.\n pension plan assets investment categories\n insurance contracts represent immediate cash surrender value. Autodesk control over target allocation investment strategies. Insurance contracts investments 35% 44% of plan assets January 31, 2019 2018.\n assets investment fund diversified growth fund Russell Investments Aon Hewitt. capital appreciation. equity-like returns medium long term two-thirds volatility equity markets. assets priced monthly at net asset value without restrictions redemption.\n Fiscal Year Ended January 31,\n Insurance contracts $28.\n Other investments.\n Total assets fair value $42.\n Cash..\n Investment Fund 34.\n pension plan assets value $80. $121."
}
{
    "_id": "d1b32982a",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES SCHEDULE REAL ESTATE DEPRECIATION\n construction new sites.\n land communications sites.\n capacity tenant revenue.\n sites functionality capacity asset improvements.\n new market launches. non technologies cash flow.\n regional improvements additions.\n foreign currency exchange rate fluctuations deductions.\n amount $15,960. $15,349. $14,277.\n Additions\n Acquisitions 887. 721. 499.\n capital projects 258. 173\n ground lease purchases 189.\n Redevelopment expenditures 213. 177\n Capital improvements 161. 94\n Start-up capital expenditures 71. 113. 158.\n. 106\n additions 1,826. 1,456. 1,239.\n Deductions\nreal estate. 6) (246.\n. 9) 78.\n deductions. (845.\n $17,429. 3 $15,960. $15,349."
}
{
    "_id": "d1b3a291e",
    "title": "",
    "text": "-BASED COMPENSATION\n tables summarize stock-based compensation expense equity awards statements\n CII Common Preferred Units\n Communications Infrastructure Investments award 625,000,000 common units employees directors affiliates. units stock-based compensation liabilities cash settlement. vested portion reported liability fair value re-measured until settlement compensation expense. December 31, 2016, CII common units fully vested no remaining unrecognized compensation cost.\n value units derived from investments Onvoy subsidiaries June 30,. OVS adjusted to fair value. December 31, 2015, OVS. sale completed May 2016. estimated fair value OVS awards increased stock compensation expense additional paid-in capital $12. 9 million year ended June 30, 2016. Proceeds sale paid by CII.\nEnded June 30\n 2019\n millions\n Operating costs $11. $9.\n Selling administrative expenses 98. 86. 102.\n stock compensation expense $109. $96. $114.\n units $10. $10.\n stock units 93. 82. 76.\n. 26.\n C units.\n compensation expense $109. $96. $114."
}
{
    "_id": "d1b2f4094",
    "title": "",
    "text": ". 6 Taxes\n deferred tax liabilities include $2,195,000 (2018 $1,937,000) iMoney Group.\n income tax expense sum current deferred expenses. calculated accounting profit non-taxable items. Deferred calculated tax rates. tax rates enacted reporting date.\n deferred taxes recognised expense profit loss except recognised income equity.\n recognise deferred tax liabilities taxable differences except arises from\n recognition goodwill\n transaction not business affects accounting profit taxable income.\n investments controlled entities recognition deferred tax liabilities required unless temporary difference reversal.\n Deferred tax assets recognised taxable profit available deductible temporary differences unused tax losses credits\nDeferred tax assets liabilities offset income taxes settle.\n 2019 2018\n Deferred taxes\n payables\n Property Plant Equipment\n 40-880 business costs\n foreign exchange differences\n Unused tax losses 4\n deferred tax assets 12,071 10,408\n liabilities\n commission asset (34,168 (31,253)\n Property Plant Equipment\n Development costs (2,109\n deferred tax liabilities (36,858) (33,612)\n deferred tax (24,787"
}
{
    "_id": "d1b3b0fd2",
    "title": "",
    "text": "Since 2006, owned 51% IMFT joint venture Intel. governed Board Managers varies ownership. manufactures semiconductor products members long-term cost. 2018 discontinued production NAND 3D XPoint memory. develop 3D XPoint second generation completed cost-sharing quarter 2020. sales Intel $731 million $507 million $493 million 2019 2018 2017.\n capital requirements determined annual plan contributions requested needed. ownership. equity debt financing. members rights obligations capacity IMFT investment debt financing. output eight-month lag. Intel provided debt financing $1. 01 billion 2018 repaid $316 million Intel 2019. August 29, 2019 debt $693 million Member Debt. Members pay fixed costs. capital requirements determined annual plan contributions needed. ownership.Members contribute capital equity debt financing. members rights obligations capacity IMFT debt financing. contribution output eight-month lag. Intel provided debt financing $1. 01 billion IMFT 2018 repaid $316 million Intel 2019. August 29, 2019 debt $693 million IMFT Debt. Members pay fixed costs IMFT capacity.\n January 2019 acquire Intel interest IMFT. closing date October 31, 2019 IMFT wholly-owned subsidiary. quarter 2020 pay Intel $1. 4 billion interest IMFT debt. Intel supply April 2020 50%.\n Creditors IMFT recourse assets. assets liabilities IMFT balance sheets\n balances.\n Assets\n Cash equivalents $130 $91\n Receivables 128\n Inventories\n Other current assets\n 391 339\nProperty plant equipment 2,235 2,641\n $2,664 $3,025\n expenses $118\n debt\n 851\n Long-term debt 53 1,064\n 74\n $909 $1,305"
}
{
    "_id": "d1b2f7cd0",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n revenues markets\n Twelve Months\n Transportation $299,005 $300,124\n Industrial 78,369\n Medical 41 40\n Aerospace Defense 32,569\n Telecom IT\n $468,999 $470,483"
}
{
    "_id": "d1b3aa24a",
    "title": "",
    "text": "Accumulated Benefit Obligation\n 2019 2018\n Projected obligation $174,690 $161,104\n Accumulated $161,729 $152,380\n $158,101 $151,715"
}
{
    "_id": "d1b36901a",
    "title": "",
    "text": "table estimated payments benefits. Lien Walcott Bertz terminations December 31, 2019. officer waiver claims. benefits life insurance long-term disability 401(k) benefits.\n. Lien 18 months salary 150% target bonus. Walcott 12 months 100% target bonus. Bertz six months 50% target bonus unpaid annual target bonus.\n. Lien 18 months COBRA. Bertz six. Walcott. post-termination COBRA benefits.\n. Walcott stock option 13,006 unvested shares price $17. 15 per share. greater $1. 38 closing price Nasdaq Global Market. Walcott 78,750. Bertz.\n. Lien nine months base salary 75% annual target bonus. Walcott six months 50% target bonus. Bertz three months 25% target bonus.\n. Lien nine months COBRA benefits.Bertz months COBRA benefits. Walcott.-termination COBRA.\n Bertz\n Change Control\n $1,200,000 $450,000 $254,063\n COBRA Reimbursement(2)\n Acceleration Stock Options RSUs(3)\n $1,248,160 $558,675 $320,361\n Severance(4) $600,000 $225,000 $103,125\n COBRA Reimbursement(5)\n $624,080 $108,674"
}
{
    "_id": "d1b34bfec",
    "title": "",
    "text": "2019 2018\n Products Licensing test measurement systems Optical Backscatter Reflectometer ODiSI Optical Vector Analyzer platforms optical components sub-assemblies Hyperion Terahertz sensing platforms. increased $22. 5 million $44. 5 million $21. 9 million 2018.\n $10. 8 million MOI $10. 5 million GP. fiber-optic sensing ODiSI composite materials testing structural integrity communications test instruments.\n Technology Development revenues increased $5. 1 million $26. 0 million $21. million 2018. contract awards Phase 2 SBIR contracts. growth Phase SBIR. intelligent systems advanced materials optical systems terahertz research. revenues similar.\n Products licensing revenues $44,491,041 $21,949,689 $22,541,352. 7%\n26,024,674,967,556 5,057,118.\n,917,245 $27,598,470."
}
{
    "_id": "d1b3ae124",
    "title": "",
    "text": "Deferred tax assets liabilities December 27, 2019 28, 2018\n tax changes. Company files tax returns U. S. Federal state Canadian Federal provincial districts. 2016 2019 tax years open three-year 2019. state 2015 2019 years four-year. Company records interest penalties income tax.\n December 27, 2019 valuation allowance $907 Canada net operating loss carryforward $732 $267 reduction deferred tax liabilities $442 state net operating loss carryforwards. not. Canada net loss expires 2036 2038 state net loss carryforwards 2019 2038.\n foreign subsidiaries income before taxes $18 27, 2019 losses $3,223 $1,520 28, 2018 29, 2017. reinvested in earnings foreign operations disregarded for US tax.US tax foreign future remittances.\n 27, tax positions.\n Deferred tax assets\n Receivables inventory $4,468 $3,978\n Accrued expenses\n Self-insurance reserves\n loss carryforwards\n Stock compensation\n Operating lease liabilities 37\n deferred tax assets 48,234 12,085\n Property equipment (5\n Intangible assets (15\n earn-out liabilities\n Prepaid expenses\n lease right-use assets\n tax liabilities,210\n Valuation allowance\n deferred tax,883)"
}
{
    "_id": "d1b3881ae",
    "title": "",
    "text": "IFRS 16\n recognized right-of-use assets $2,257 million lease liabilities $2,304 million deficit $19 million. leases $1,947 million liabilities $2,097 million December 2018 17. January 1 total right-use assets lease liabilities $4,204 million $4,401 million. impacts 16.\n lease commitments December 31, 2018 $1,612 million. difference liabilities $2,304 million increase $1,122 million renewal options $112 million non-monetary transactions decrease$542 million discounting future lease payments borrowing rate 3. 49% January 1.\n IMPACTS\n Prepaid expenses 244\n current assets\n Property plant equipment 24\n non-current assets\n Trade payables liabilities\n Debt due one year\ndebt 19,760\n Deferred tax 3,163\n liabilities\n Deficit (4,937)\n Non-controlling interest 326"
}
{
    "_id": "d1b2e7858",
    "title": "",
    "text": "operating expenses increased $43 million driven seasonality salary.\n year-over-year increased $42 million due salary R&D currency hedging.\n Fourth quarter 2019 R&D expenses net tax credits France Italy $37 million $29 million third $39 million fourth quarter 2018.\n Months % Variation\n December 31, 2019 2018 Year-Over-Year\n millions\n Selling general administrative expenses $(285).\n Research development expenses (387).\n Total operating expenses $(672.\n percentage net revenues."
}
{
    "_id": "d1b36d782",
    "title": "",
    "text": "INCOME TAX EXPENSE\n difference tax.\n effective tax rate 25. 8% 26. 9% 2018. 2019 lower reduction Alberta corporate income tax rate four-year.\n millions Years December 31\n Adjusted EBITDA 6,212 5,983\n Depreciation amortization 2,488 2,211\n Gain property plant equipment\n Restructuring acquisition\n Finance costs 840\n Other income\n Income tax expense 712\n Net income 2,043 2,059"
}
{
    "_id": "d1b3a2568",
    "title": "",
    "text": ". AVERAGE SHARES\n earnings per share-average. diluted earnings adjusted additional shares dilutive. include nonvested stock awards stock options non-management director stock equivalents. Performance share awards included diluted shares criteria met.\n table reconciles shares diluted\n 2018 2017\n-average shares 25,823 28,499 30,630\n dilutive securities\n Nonvested stock awards units\n Stock options\n Performance share awards\n shares diluted 26,068 28,807 30,914\n Excluded diluted\n Performance conditions not satisfied"
}
{
    "_id": "d1b378ab0",
    "title": "",
    "text": "Company $4. 8 million $1. 5 million. 1 million 2018 2017. technology software revenue customer relationships trade names sales marketing.\n Future amortization intangible\n Assets Software\n 2020 2,582 3,522\n 2021\n 2022\n 2023\n $ 22,274 8,349"
}
{
    "_id": "d1b3974ce",
    "title": "",
    "text": "OPTIONS\n summary stock option activity December 31, 2019 2018:\n Average Exercise Price Contractual Life Intrinsic Value\n December 31, 2017 2,341,340. 77. $1,087\n 376,667 2.\n 224,400.\n.\n 31, 2018 2,486,646 $1. 89. $1,550\n 50,832 3.\n 181,281.\n December 31, 2019 2,356,197. 89.\n 1,843,468. 75."
}
{
    "_id": "d1b36bb58",
    "title": "",
    "text": "\n Group has reporting period\n Future swaps maturity dates 23 September 2019 to 23 2026.\n 24 June 2019 Group reset interest rates AUD swaps. cash outflow $22. 9m reduced financial liability note 9. cumulative change fair value hedging instruments separate reserve.\n balance recycled reserve to finance costs future. year ended 30 June 2019 $0. 1m recognised finance costs.\n Interest rate swaps (AUD)\n 400,000 270,000\n Future 275,000\n swaps (NZD\n 73,500 53,500\n 100,000\n NZD swaps\n 70,361 48,944\n Future 47,864 91"
}
{
    "_id": "d1b32cd72",
    "title": "",
    "text": "Liquefaction services revenue\n Hilli moored Customer’s gasfields service capacity LTA. revenue\n LTA bills base rate oil price $60 or less per barrel increased greater than $60 per barrel excluded revenue transaction price.\n Customer billing commissioning period $33. 8 million upfront payment services. deferred recognized revenue.\n Day 1 gain oil derivative instrument recognized December 2017 $79. 6 million. amortized recognized \"Liquefaction services revenue.\n recognize services revenue partially unsatisfied performance obligation remaining contract term less than eight years transaction price.\n Ended December 31,\n Base tolling fee 204,501 119,677\n Amortization deferred commissioning period revenue 4,220 2,467\nDay 1 9,950\n 218,096 127,625"
}
{
    "_id": "d1b386822",
    "title": "",
    "text": "income expenses\n Company receives public funding from. research development recognized costs incurred agreement signed conditions met.\n R&D funding 2017 from Nano2017 program French return 2024 depends on future sales product group 2019 to 2024. $47 million December 31, 2019 $42 million December 31, 2018.\n Phase-out costs closing stage manufacturing facility. start-up costs. before production certification.\n Exchange gains losses exchange rate changes changes fair value trading derivative instruments.\n Patent costs include legal attorney fees pre-litigation consultancy fees. net of settlements litigation costs.\n 2019 gain on sale businesses related to. 2018 2017\n.\n 2019 2018 2017\n Research development funding 132 52 65\n Phase-out start-up costs (38) (1) (8)\nExchange gain 4\n Patent costs\n Gain sale businesses assets 8\n Other net\n Total 103 53"
}
{
    "_id": "d1b360e42",
    "title": "",
    "text": "CASH FLOW ANALYSIS\n Fiscal 2018 IFRS 15 accounting policy Cogeco discontinued operations. policies operations sections. flow discontinued operations.\n OPERATING ACTIVITIES 2019 fourth-quarter cash flow increased 19. 3% higher adjusted EBITDA income taxes financial expense non-cash activities working capital.\n INVESTING ACTIVITIES 2019 decreased 25. 8% acquisition spectrum licenses decrease property plant equipment.\n months August 31, 2019\n flow operating activities 304,702 255,438.\n investing activities (144,332 (194,474).\n financing activities (50,198) (52,127.\n Effect exchange rate changes cash equivalents foreign currency (1,405)\n continuing operations 108,767 8,774\n discontinued.\n equivalents 447,737 62,818\nend 556,504 84,725"
}
{
    "_id": "d1b359f5c",
    "title": "",
    "text": "5. MARKET REGISTRANT’S COMMON EQUITY MATTERS.\n Company’s common stock trades NYSE American “DIT”. October 31, 2019 closing price NYSE $73. 00 565,942 shares outstanding. 521 persons common shares 121 shareholders record participants Depository Trust Company. table reflects high low closing prices per share common stock NYSE American fiscal 2019 2018.\n 4th Quarter $100. $73. $89.\n 3rd Quarter 100.\n 2nd Quarter 101.\n 1st Quarter."
}
{
    "_id": "d1b316c52",
    "title": "",
    "text": "ITEM 6. SELECTED FINANCIAL DATA\n data derived from consolidated financial statements. with Item 7 Discussion Analysis Financial Condition Results financial statements notes. information not indicative future. results differ.\n consolidated balance sheet December 31, 2019 acquisition Speedpay Note 3.\n Accounting Standards Update 2016-02 Leases.\n December 31, 2018 ASU 2014-09 Revenue Contracts adjustment $244. 0 million retained earnings.\n December 31, 2017 reflects Baldwin Hackett & Meeks, Inc. judgment. $46. 7 million administrative expense $1. 4 million interest expense 15.\n balance December 31, 2016, sale Community Financial Services assets liabilities.\n December 31, 2019 borrowed $500. 0 million new senior secured term loan drew $250.Revolving Credit Facility acquisition Speedpay. issued $400. million notes due August 15 2026. proceeds $300. million 2020 2013. Note 5 Statements.\n 2019 2018\n Balance\n Working capital $308,426 $269,857 $100,039 $31,625\n assets 3,257,534 2,122,455 1,861,639 1,902,295 1,975,788\n debt 34,148 20,767\n 1,350,592,602 668,356\n Stockholders’ equity 1,129,968 1,048,231 764,597"
}
{
    "_id": "d1b31fd3e",
    "title": "",
    "text": "ADJUSTED DEBT LEVERAGE RATIO\n valuation analysis capital structure decisions. includes long-term debt derivative assets short-term borrowings cash equivalents.\n Includes current long-term before deferred transaction costs discounts. “Reconciliation Measures. debt derivatives without adjustment credit risk leverage market valuation.\n “Accounting Policies”. Adjusted net debt EBITDA non-GAAP measures not substitutes GAAP. not IFRS.-GAAP Measures.\n IFRS 16 January 2019\n modified definition adjusted net debt includes lease. adding liabilities payments removed EBITDA change.\n December 31, 2019 held $1,831 million\n marketable securities publicly traded companies (2018 – $1,051 million.adjusted net debt increased $3,379 million December 31, 2018 lease liabilities $1,725 million long-term debt 600 MHz spectrum licences $1,731 million offset net cash.\n Financial.\n 2019\n Long-term debt 16,130 14,404\n adjustment credit risk\n Short-term borrowings 2,238 2,255\n Lease liabilities 1,725 1,545\n Cash equivalents\n Adjusted net debt 18,185 16,351 14,806\n 12-month EBITDA 6,212 6,157\n Debt leverage ratio."
}
{
    "_id": "d1a73a62c",
    "title": "",
    "text": ". Earnings per Share\n basic diluted April 30 2019 2018\n dilutive securities excluded antidilutive. shares excluded 1,216,000 1,259,500. effect dilutive securities 242,874 127,536.\n April\n Basic EPS Shares,250 8,841,166\n Dilutive Securities\n Diluted EPS Shares 9,159,124 8,841,166"
}
{
    "_id": "d1b300d1c",
    "title": "",
    "text": "Receivables balances Golar Partners subsidiaries December 31, 2019 2018\n Interest income short-term loan balances Receivables unpaid management fees expenses services dividends Hilli Common Units arrangements. invoice. settled quarterly. Balances unsecured interest-free settled. November 2019 loaned $15. 0 million Golar Partners interest LIBOR plus 5. 0%. repaid $0. 1 million December 2019.\n Methane Princess lease security deposit movements advances funds security deposits. tax lease indemnity Agreement. settled termination lease.\n Balances due Golar Partners subsidiaries (2,708 4,091\n Princess lease deposit movements\n (4,961 1,256"
}
{
    "_id": "d1a72a0ce",
    "title": "",
    "text": "highest-performance networks new services content Bell better communications experience home workplace.\n 2019 Bell welcomed new subscribers retail Internet IPTV wireless managed decline home phone services.\n speed quality Best National Mobile Network gains postpaid prepaid wireless Internet growth fastest consumer home Internet Fibe TV Alt TV customers product programing innovations.\n wholesale subscribers.\n business telephone.\n retail subscribers\n 9.\n High-speed.\n.\n retail Internet IPTV wireless.\n Local residential telephone.\n."
}
{
    "_id": "d1b356b04",
    "title": "",
    "text": "WebLife Balance Inc.\n November 30, 2017 acquired shares WebLife. browser vendor threat protection email privacy.\n estimated acquired assets liabilities Acquisition Date. results included financial statements since.\n consideration transferred $48,765 cash $278.\n unvested stock options canceled exchanged unvested awards. fair value $333 pre-combination service. $1,468 post-combination services. subject service $1,468 stock-based compensation expense. 107 shares common stock deferred employees fair value $9,652 not included purchase price. deferred shares subject forfeiture employment terminates fair value expensed stock-based compensation expense.\n Proofpoint, Inc. Consolidated Financial Statements share amounts\n fair values assets acquired liabilities assumed goodwill\n\n value\n assets $534\n Liabilities\n Deferred revenue\n Customer relationships\n technology 16,600\n Deferred tax\n Goodwill 36,514 Indefinite\n $49,043"
}
{
    "_id": "d1b2fe67a",
    "title": "",
    "text": "Equity Securities Issuer Affiliated Purchasers\n purchases CalAmp Rule 10b-18 common stock fourth quarter February 28, 2019\n Average price share repurchase program commissions.\n December 10 2018 Board authorized repurchase program $20. million stock 12 months. February 28, 2019 $10. million $20. utilized. open market transactions Rule 10b5-1 Act.\n Shares Purchased Average Price Paid Share Announced Plans Approximate Dollar Value\n December 1 31, 2018 75,000 $12. $19,028,173\n January 1 31, 2019 524,577. $11,685,543\n February 1 28, 2019 116,042. $10,000\n 715,619."
}
{
    "_id": "d1b34f78c",
    "title": "",
    "text": "Disaggregation revenue\n table disaggregated revenue markets\n Company derived 90% 88% revenues RingCentral Office 2019 2018 2017\n markets\n North America 93% 95%\n 7% 5%\n Total revenues 100%"
}
{
    "_id": "d1b39a1ec",
    "title": "",
    "text": "Adopted Accounting\n April 1, 2018 Company adopted ASU 2014-09-Revenue Contracts Customers 606) amendments (“New Revenue modified retrospective method. applied contracts open. recognized effect retained earnings. comparative information restated reported under accounting standards. adoption impacts net sales revenue sold inventory price concessions. deferred revenue cost shipments distributors until. estimates returns records revenue sale. Sales non-distributor customers recognized upon shipment. cumulative effect changes consolidated April 1, 2018 balance sheet standard summarized table opening balance sheet adjustments. impact adoption consolidated income statement balance sheet March 31, 2019\n changes financial statements due transition from sellthrough to sell-in revenue eliminated deferred income shipments reduced accounts receivable increased retained earnings.recognized revenue New Revenue Standard driven Microchip business.\n year March 2019\n Statement Balances New Revenue Standard\n Net sales $5,349. $5,380.\n Cost sales $2,418. $2,434.\n Gross profit $2,931. $2,946.\n Income taxes $204. $219.\n Income tax provision(151.\n Net income operations $355. $368."
}
{
    "_id": "d1b358d14",
    "title": "",
    "text": ".\n Income operations declined 7 %. charges € 619 million € 492 million Industrial Businesses. EBITA margin 11. 5 % 2019. 2018 € 923 million € 669 million Industrial Businesses.\n tax rate 25% 2019 below 26% reversal income tax provisions. Income operations declined 6%.\n discontinued operations provision Communications activities.\n decline earnings per share income Siemens AG € 5,174 million 2019 € million 2018 lower shares. earnings per share € 6. 93.\n ROCE 11. 1 % below target range Siemens Financial Framework portfolio transactions Mentor Mendix merger wind power Tecnológica. decline lower income interest tax higher average capital employed.\n Digital Industries\n Smart Infrastructure\n Gas Power\n Mobility\nHealthineers 2,461 11 %\n Renewable Energy 482\n Industrial Businesses 8,986 8,857 1\n EBITA. %.\n Financial Services 632 633\n Portfolio Companies 77 %\n Financial Statements (1,135\n Income taxes 7,518 8,050\n tax expenses (1,872) 9\n 5,646 5,996\n Net income 5,648 6,120\n earnings share.\n."
}
{
    "_id": "d1b389a04",
    "title": "",
    "text": "\n tax rate calculated. 2019 13. 0% 18. 3% 2018.\n decrease due $2. 2 billion non-recurring tax benefit preferred stock deferred tax benefit $2. 1 billion reorganization offset goodwill charge not deductible 2018.\n reconciliation tax Note 12 consolidated financial statements.\n Increase\n December 31, 2019.\n Provision income taxes $2,945 $ 3,584 $ (639) (17. 8)%\n income tax rate 13. 0% 18. 3%"
}
{
    "_id": "d1b3b2c2e",
    "title": "",
    "text": ". Restructuring exit costs\n quarter 2018 Board Directors approved restructuring plan subscription transition digitizing re-imagining manufacturing construction production. Autodesk investments research development go-to-market. digital infrastructure customer success construction. re-balancing long-term goals. reduction 11% workforce 1,027 employees consolidation leased facilities. January 31, 2019 actions complete.\n restructuring charges $39. 2 million employee termination benefits $3. 2 million lease termination exit costs.\n restructuring charges costs 2019\n Adjustments foreign exchange rate changes settlement lease contracts write offs fixed assets.\n current reserve Balance Sheets accrued liabilities. no non-current portion January 31, 2019.\n Balances\n 2018\n Employee terminations costs $53. $39. $2.\nFacility terminations exit costs. 5. 2.\n $55. 5. 4. 4). $2.\n $55. 5.\n $55."
}
{
    "_id": "d1b304854",
    "title": "",
    "text": "Cash Flows\n Combined Pension Plan post-retirement health care life insurance distributed paid. estimated assumptions reduced participant contributions.\n Combined Pension Plan Post-Retirement Benefit Medicare Part D Subsidy\n future benefit payments\n 2020 $971\n 2021\n 2022\n 2023\n 2024\n 2025-2029 3,813"
}
{
    "_id": "d1b36be46",
    "title": "",
    "text": "Unbilled receivables billing subject time.\n December 31, 2019\n 1 year $180,219 60%\n 1-2 years 91 30%\n 2-5 years 30\n $301,955"
}
{
    "_id": "d1b350d80",
    "title": "",
    "text": "-TERM DEBT\n Company-term obligations 2019 2018.\n Estate. 99% installments $38,344 August 2021 September 2021 facilities 2,263,040 2,648,179\n. 50% quarterly installments $49,114 June 2023 September 1,395,351 1,476,772\n-free installments 2019 629,746\n 3,658,391 4,754,697\n $3,125,644,658,391"
}
{
    "_id": "d1a7331d8",
    "title": "",
    "text": "fair value derivative 127,346 295,945 warrants 2016 offering Merger calculated Black-Scholes option model\n Risk-free interest rate U. S. Treasury Note similar term.\n Dividend yield 0% dividend yield.\n Volatility calculates volatility stock price peer group stock price.\n term remaining contractual maturity warrants.\n December 31, 2019 2018 marked derivative feature warrants fair value recorded loss $343,857 gain\n $250,241 value.\n Exercise price.\n Risk-free interest rate. 46%. 59%\n Dividend yield.\n Expected volatility 152% 133%\n Contractual term. 15"
}
{
    "_id": "d1b38c074",
    "title": "",
    "text": "\n table summarizes 2019 2018 2017\n 2019 $6. 7 million $539. 7 million foreign subsidiaries. reinvest foreign earnings. income taxes repatriation.\n 2017\n $60,068 $103,051 $60,765\n operating 10,317 3,295 4,863\n investing (24,574 (48,413) (70,972)\n financing,101 3,099 108,475\n Effects exchange rates (250 (964)\n $539,662 $60,068 $103,051"
}
{
    "_id": "d1b364948",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n $493. $261 non. 2020.\n benefit payments service\n. Non. Post-Retirement Life Insurance\n 2020 $15,514 $393\n 2021 15,399\n 2022 15,218\n 2023 14,983\n 2024 14,706\n 2025-2029 68,594\n $144,414 $1,050 $3,279"
}
{
    "_id": "d1b34dca2",
    "title": "",
    "text": "table cash equivalents restricted cash sheets December 31, 2019 2018\n Note 7. Cash.\n 2019 sold $52. million no gain loss. 2018 2017 sold $10. 8 million $118. 3 million less than $0. 1 million. Note 11. Value.\n Balance Sheet 2019\n Cash equivalents $ 1,352,741 $ 1,403,562\n Restricted cash 13,697 19,671\n Restricted noncurrent. investments 80,072 139,390\n Total cash equivalents restricted cash $ 1,446,510  $ 1,562,623"
}
{
    "_id": "d1b3b9e5c",
    "title": "",
    "text": "table summarizes intangible assets acquired estimated lives VMware\n excess purchase consideration value recorded goodwill. estimated value liabilities based management estimates assumptions. initial allocation purchase price valuations subject change information. VMware expects finalize allocation purchase price. goodwill assets not deductible tax.\n Weighted-Average Useful Lives Fair Value\n Purchased technology. $232\n Customer relationships lists.\n Trademarks tradenames.\n.\n-lived intangible assets $492"
}
{
    "_id": "d1b379460",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n consolidated financial statements\n December 2017 2018 2019\n amounts. Dollars\n. Transactions\n balances statements\n Assets\n Dividends receivable due\n June 28, 2019 GasLog transferred Golar 100 shares Cool Pool Limited. December 31, 2019 receivable balance nil.\n Dividends receivable\n Cool Pool\n receivables\n 33,395"
}
{
    "_id": "d1b30d418",
    "title": "",
    "text": ". Goodwill Purchased Intangible Assets\n tables\n direct purchases licenses.\n Impairment charges $47 million 2017. value future cash flows.\n July 27, 2019 Accumulated Amortization\n Purchased intangible assets finite lives\n Technology. $3,270 $(1,933) $1,337\n Customer relationships.\n assets finite lives 4,151 (2,286) 1,865\n-process research development indefinite.\n. $4,487 $2,201"
}
{
    "_id": "d1b353846",
    "title": "",
    "text": "Units\n August 29, 2019 16 million shares 14 million service conditions. restrictions lapse-fourth-third grant. Restrictions lapse 2019 three-year. shares awarded vary 0% 200% target achievement level. activity 2019\n Shares Weighted-Average Grant Date Value Share\n Outstanding August 30, 2018 $25. 18\n Granted.\n Restrictions lapsed.\n Canceled.\n Outstanding August 29, 2019."
}
{
    "_id": "d1b374d48",
    "title": "",
    "text": "Property\n furniture computers leasehold improvements. lives seven years. Leasehold improvements depreciated. Depreciation 2019 2018 2017 $8. million $8. 6 million $9. 1 million Consolidated Statements Income. intangible assets.\n Office equipment $ 38,373 $ 39,633\n Furniture fixtures 5,017\n Leasehold improvement 23,534 19,430\n 66,924 63,673\n accumulated depreciation (44,199 (49,355\n $ 22,725 14,318"
}
{
    "_id": "d1b31c580",
    "title": "",
    "text": "intangible assets\n acquired Brink Drive-Thru Restaurant Magic software development costs. capitalizes software costs Restaurant/Retail reporting. costs feasibility charged operations research development costs.\n technological feasibility established planning designing coding testing specifications.\n costs after perpetual license capitalized amortized-by when available.\n developed software costs $2. 5 million $3. 0 million not general release threshold December 31, 2019 31, 2018. expected satisfy 12 months.\n Software capitalized ASC 350-40 amortized over benefit period three to seven years. Long-lived assets tested for impairment. Software costs capitalized 2019 2018 were $4. 1 million $3. 9 million.\nAnnual amortization sales computed straight-line method economic life ratio future revenues. Amortization capitalized software costs $3. 3 million $3. 5 million 2019 2018.\n intangible assets\n Acquired software costs $36,137 $18,972 3 - 7 years\n Customer relationships 7\n Non-compete agreements\n 41,027\n accumulated amortization (12,389\n $28,638 $7,454\n software costs release threshold 2,500\n Trademarks-amortizable 1,810\n $32,948 $10,859"
}
{
    "_id": "d1b390fa2",
    "title": "",
    "text": "Consolidated Cash Flows\n table summarizes cash activities changes periods\n Operating Activities Cash $110. 5 million December 31, 2019 $341. 4 million 2018. $230. 9 million decrease recapture reinsurance treaties Insurance 2018 offset improved performance KIC acquisition reduction losses Broadcasting increase working capital Telecommunications segments.\n Investing Activities $263. 7 million 2019 $224. 6 million 2018. $39. 1 million increase increase net cash Insurance segment KIC acquisition recaptures decrease cash Life Sciences segment increase Energy segment stations 2019. decreases offset reduction Construction segment acquisition GrayWolf reduction Broadcasting segment less acquisitions.\n offset reduction net cash Insurance segment purchases acquisition KIC.\n Financing Activities $62. 4 million December 31, 2019 $115. 2 million 2018.8 million decrease Construction Broadcasting Energy Corporate decline cash holders Life Sciences sale BeneVir 2018.\n Ended December 31,\n Operating $110. $341.(230.\n Investing (263. (224.\n Financing 62. 115. (52\n Effect exchange rate changes cash equivalents 1.\n decrease cash equivalents restricted cash $(89. $231.(321."
}
{
    "_id": "d1a719490",
    "title": "",
    "text": "Share Compensation Board Directors grant awards Consolidated Communications Holdings. 2005 Long-Term Incentive Plan. permits stock options appreciation rights grants unit grants equity-based awards directors employees Compensation Committee.\n April 30, 2018 shareholders approved amendment 2,000,000 shares term through April 30, 2028.\n 4,650,000 shares authorized no more 300,000 shares granted stock options appreciation rights employee director. until April 30, 2028.\n fair value market price stock grant. expense.\n performance-based incentive program. annual grants PSAs. performance cycle.\n participant target award payout opportunity 0% to 120% target performance. estimate PSAs fair value expensed date grant.\n table summarizes grants RSAs PSAs December 31, 2019 2018 2017:\nYear Ended December 31,\n 2019 Grant 2018 2017\n Granted 551,214 $. 478,210 $ 12. 124,100.\n Granted 371,672 $ 12. 36,982 $ 23.\n 922,886,210 161,082"
}
{
    "_id": "d1b398126",
    "title": "",
    "text": "PRICES COMMON\n Market.\n High Low Sale\n First Quarter $8. 95 $7.\n Second Quarter. 7\n Third Quarter 13.\n Fourth Quarter.\n First Quarter $10. 76 7.\n Second Quarter.\n Third Quarter.\n Fourth Quarter."
}
{
    "_id": "d1b3947f6",
    "title": "",
    "text": ". Earnings per share?\n profit after tax equity average shares deducting employee trusts treasury shares.\n diluted earnings options potential shares dilutive. 36m shares excluded.\n earnings based profit after tax equity shareholders excludes non-controlling interests. Profit after tax £2,159m non £3m. Profit non-controlling interests not presented.\n Year ended 31 March 2019 2018\n average shares (millions 9,912 9,911\n Dilutive shares options 6\n executive share awards 57 48\n Diluted average shares (millions 9,961 9,994\n earnings per share 21. 20. 19.\n Diluted."
}
{
    "_id": "d1b3710bc",
    "title": "",
    "text": "\n revenue region location. EMEA Americas.\n Revenue\n millions\n Germany 3,658,352\n EMEA 8,158 7,446\n 12,105 11,104\n United States 9,085 7,880\n Americas 2,109 1,832\n 11,194 9,713\n Japan 1,180\n APJ 2,928 2,814\n 4,254 3,891 3,699\n Group 27,553 24,708"
}
{
    "_id": "d1b39d9dc",
    "title": "",
    "text": "\n Subscription Solutions\n increased $10. 7 million 39. 9% three months 2019 compared 2018. increase due to costs merchants infrastructure hosting employee costs credit card fees amortization technology payments theme developers. decreased from 7. 8% 2018 to 7. 4% 2019.\n Merchant Solutions\n increased $72. 5 million 55. 2% 2019 2018. increase due to higher payment processing interchange fees Shopify Payments. amortization intangibles employee costs product costs credit card fees infrastructure hosting manufacturing costs POS hardware. increased from 38. 2% 2018 to 40. 4% 2019 Shopify Payments larger percentage revenue.\n.\n revenues\n Cost subscription solutions $ 37,369  $ 26,706  39. 9 %\nmerchant solutions 203,900 55.\n 241,269 158,119 52. 6 %\n. 4. 8\n 40. 4. 2 %\n 47. 8 46."
}
{
    "_id": "d1a7183ce",
    "title": "",
    "text": "\n BCE expenditures $3,988 million up $17 million 2018. capital intensity ratio 16. 6% down. 3 pts last year.\n Greater investments wireless segment $33 million 2019 LTE-A network small-cells growth speeds coverage signal quality data fibre backhaul 5G\n modest reduction wireline $10 million homes businesses fixed WTTP rural Ontario Québec fibre Internet TV services contracts\n Lower capital expenditures Bell Media $6 million 2019 due production equipment IT upgrades\n Bell Wireless 697 664.\n 7. 6%. 5%.\n Bell Wireline 3,183.\n 25. 8%.\n Bell Media.\n 3. 4%. 7%.\n 3,988 3,971.\n 16. 6%. 9%."
}
{
    "_id": "d1b355fa6",
    "title": "",
    "text": ". Contingent liabilities\n guarantee contracts rent guarantees 10 years unlikely.\n million 30/9/2018 30/9/2019\n contracts 18\n collateral third-party liabilities\n Other liabilities\n"
}
{
    "_id": "d1a73bd10",
    "title": "",
    "text": ". NON-CURRENT ASSETS\n ASC 842 balance sheet presents right-of-use-assets office leases. adopted modified transition approach January 1, 2019.\n Investment OLT-O Italian company construction FSRU terminal Livorno coast Italy 2. 7% interest share capital. May 2019 shareholder sold shareholding re. impairment charge $7. 3 million down December 31, 2019.\n non-current assets payments items conversion Viking FSRU. carrying value Viking $16. 2 million.\n non-current assets payments conversion Gimi FLNG. Limited Notice works conversion commenced January 2019. December 31, 2019 carrying value $31. 0 million reclassified \"Asset under development\".\n Oil derivative instrument\n Operating lease right-of-use-assets\n Foreign exchange swap\nswaps 6,298\n OLT-O 7,347\n assets 24,700 40,729\n 80 139"
}
{
    "_id": "d1b385b5c",
    "title": "",
    "text": "remuneration Group’s auditors PricewaterhouseCoopers LLP firms International services year 31 March 2019 analysed\n Fees new accounting standards IFRS 15 “Revenue Contracts 2018 IFRS 16 “Leases” 2019.\n fees statutory regulatory filings. 31 March 2018 includes non fees Vodafone New Zealand merger Vodafone India Idea Cellular. amount year 31 March 2017 regulatory filings IPO Vodafone India.\n Audit and Risk Committee auditor independence non-audit services report pages 71 to 76.\n 2019 2018 2017\n Parent company\n new accounting\n Audit fees\n Non-audit fees\n Total fees"
}
{
    "_id": "d1b3641f0",
    "title": "",
    "text": "recovery commodity markets orders revenue growth mechanical drives. Portfolio Companies businesses. Adjusted EBITA improved positive large drives.\n equity investments improved negative periods. Severance charges decreased € 14 million from 86 million 2018. order backlog € 5 billion € 3 billion revenue 2020.-equity investments volatile results expected.\n impacted uncertainties economic investment sentiment. moderate growth expected main markets.\n equity investments Ethos Energy Group Voith Hydro Holding. process solutions transferred Operating Company Gas Power. orders € 4. 746 billion revenue € 4. 558 billion Adjusted €(115) million.\n Mitsubishi-Hitachi Metals Machinery Siemens stake Primetals Technologies. expected 2020.\n.\n Orders 5,806\nRevenue 5,526 12 %\n Adjusted EBITA (305) 77 %\n."
}
{
    "_id": "d1b36398a",
    "title": "",
    "text": "Stock\n 2019 2017 Company issued service market RSUs. vest three years performance criteria employment. shares earned Common Stock Philadelphia Semiconductor Sector Index 0% to 150% target. measured closing price 50-trading days. target increased 2% 1%. vesting formula rounded nearest whole number. Total stockholder return stock price appreciation.\n table summarizes restricted stock activity\n fair value-based RSUs calculated market value discounted dividends.\n-based RSUs\n June 26, 2016 3,256,513 $71. 1,078,591 $63.\n Granted 1,224,877 $114. 435,694 $111.\n Vested (1,677,318) $69. $46.\n Forfeited canceled (116,466) $76. $66.\n25 2017 2,687,606 $92.\n 964.,866 $170.\n,362,369) $87. (407 $76.\n $108.\n 24 2018 2,193,088 $134. 693 $104.\n $161. $165.\n,135. $70.\n $141. $104.\n 30 1,796,885 $159. 434,774 $144."
}
{
    "_id": "d1a7283d2",
    "title": "",
    "text": "Amortization Assets\n decrease divestiture SPVSS October 28, 2018 offset acquisitions.\n July 27, 2019 28, 2018 29, 2017\n Amortization\n Cost sales $624 $640 $556\n Operating expenses\n Amortization 150 221 259\n Restructuring charges\n $774 $861 $853"
}
{
    "_id": "d1a7413dc",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n Property Plant Equipment\n December 31,\n Land $1,095,136\n Buildings 68,350\n Machinery equipment 224,312 231,619\n Accumulated depreciation (188,719),876)\n $105,038 $99,401"
}
{
    "_id": "d1b3a734c",
    "title": "",
    "text": "Interest expense includes interest rate debt capitalized interest income interest rate swaps amortization senior debt costs credit fees bond discounts terminated treasury locks.\n expense years December 31,\n repaid notes maturity July 2017.\n August 1, 2019 Sealed Air Corporation amendment senior secured credit facility Bank of America. new incremental term facility $475 million acquisition Automated.\n July 12, 2018 subsidiaries third amended credit agreement senior secured credit facility.\n November 2019 issued $425 million 4.% Senior Notes due 2027 existing $425 million 6. 50% Senior Notes due 2020.\n Year Ended December 31, 2019. 2018. 2017\n Interest expense debt instruments\n Term Loan due July.6  $ (3.\n Term Loan July 2022(2). 8.\n July 2023(3) 8. 5. 9 18. 6.\n Revolving July 2023(3). 4 9\n. 50% Senior Notes December 2020(4) 25. 28. 28.\n. 875% Senior Notes December 2022 21. 5 5\n. 25% Senior Notes April 2023 23. 23.\n. Senior Notes September 2023 20. 21. 8\n. 125% Senior Notes December 2024 22. 3.\n. Senior Notes September 2025 22.\n. Senior Notes December 2027(4). 7.\n. 875% Senior Notes July 2033 31. 31.\n 19. 18. 3\n capitalized.\n income (11. (15 3\n 184. 177. 184."
}
{
    "_id": "d1b395412",
    "title": "",
    "text": "Stock Compensation\n table summarizes shares grant 2019 2009 Plan\n 2009\n Balance December 30 2018 483\n Authorized\n Options granted\n forfeited expired\n forfeited\n Shares expired\n Balance December 29, 2019"
}
{
    "_id": "d1b38242a",
    "title": "",
    "text": "reconciliation unrecognized income tax benefits\n tax rate $ 1. 5 million $4. 6 million years September 28, 2019 29, 2018.\n recognizes accrued interest penalties unrecognized benefits. total $0. 2 million 28, 2019 2018 2017. less than $0. 1 million penalties Consolidated Statements Income.\n Balance $5,841  $3,115 $2,799\n increases 62 21 184\n increases current 39 2,893 163\n decreases (3,672)\n end fiscal year 2,270 3,115"
}
{
    "_id": "d1b3008f8",
    "title": "",
    "text": "Restricted Cash\n equivalents Consolidated Balance Sheets Statements Cash Flows\n December 31, 2019 2018 restricted cash security deposit. expiration lease.\n Cash equivalents $172,960 $172,704\n Restricted cash long-term assets\n cash equivalents Consolidated Statements Cash Flows $173,076 $172,818"
}
{
    "_id": "d1b33e4c8",
    "title": "",
    "text": "EQUITY\n summary restricted stock units December 2019 right share common\n compensation expense $567,000 2019 $687,000 2018.\n $232,000 unrecognized compensation expense December 31, 2019. years.\n Balance stock units December 31, 2018 505,000.\n Grants 70,000.\n Vested (235,000.\n unvested stock units December 31, 2019 340,000."
}
{
    "_id": "d1b36a2ee",
    "title": "",
    "text": "\n fair value equity-settled measured date grant Black-Scholes model terms conditions.\n table average inputs\n fair value options $ 220. 53 185. 33.\n expected volatility future trends. increase fair value.\n not indicative exercise patterns. adjusted exercise restrictions non-transferability behavioural considerations. increase fair value.\n 31 March 2019 2018\n share price 676. 628.\n exercise price. 54 516. 70\n volatility 54. 91% 38. 20%\n life options. 69.\n Risk free rate. 56%. 49%\n Dividend yield. 81%."
}
{
    "_id": "d1b342b5e",
    "title": "",
    "text": ". Liquidity Capital Resources\n June 30, 2019 cash equivalents $1. 3 billion short-term investments $445. 0 million trade receivables $82. 5 million. financed operations through cash flows.\n cash flows investing 2019 2018 2017\n existing cash equivalents cash needs next 12 months. future capital requirements growth research development employee headcount marketing sales acquisitions exchange Notes new software enhancements market acceptance.\n Cash affected by net income non-cash expense items depreciation amortization costs collections changes working capital accounts.\n trade receivables prepaid expenses current assets derivative assets payables provisions liabilities Notes. impacted by billings expenditures.\n Net cash $466. 3 million fiscal year June 30, 2019 $605.loss tax non-cash marking transactions $533. million depreciation amortization $70. 2 million share expense $257. million debt amortization $33. 9 million. increase $169. million $122. 5 million deferred revenue sales $75. 6 million $30. 2 million receivables. impacted tax refunds $7. million.\n $311. 5 million 2018 $58. 1 million loss tax non-cash marking $12. million depreciation amortization $79. 4 million expense $162. million debt amortization $7. 5 million. $113. 1 million $97. 7 million deferred revenue $43. 5 million $19. 6 million receivables $8. 4 million prepaid expenses. impacted income taxes $4. 2 million.\n 2019 $604. 2 million.related cash acquired $418. 6 million purchases $648. million property equipment $44. 2 million offset $485. million proceeds sales $20. 5 million.\n cash 2018 $51. 7 million. purchases $347. 8 million property equipment $30. 2 million offset maturing $206. 1 million proceeds sales $123. 9 million.\n 2019 $3. 2 million coupon interest payments Notes $6. 3 million offset proceeds employee share options $3. 5 million.\n cash 2018 $906. 8 million Notes $990. 5 million offset purchase capped calls $87. 7 million.\n Year June\n.\n cash operating activities $466,342 $311,456\n investing (604,198)\n financing\n exchange rate changes cash equivalents\ncash(141,898 $1,165,919(15,289"
}
{
    "_id": "d1b3beeca",
    "title": "",
    "text": "company generated cash flow funds $14. 8 billion $16. 7 billion three years.\n additional liquidity cash balance global funding credit facilities lines credit.\n table major sources liquidity 2017 2019.\n cash $14. 8 $15. 2 $16. 7\n restricted short-term securities. $12.\n $15. $15"
}
{
    "_id": "d1b2ea2ec",
    "title": "",
    "text": "grant RSUs right receive shares common stock. Vesting employment subject conditions performance measure. performance-based RSUs shares above below targeted performance. conditions unvested RSUs forfeited. withhold shares tax withholding.\n table RSU activity maximum potential shares vesting\n RSUs accounting grant date December 31, 2019 terms. income performance future. 3. 2 million performance-based RSUs grant date 1. 9 million 2019 grants. no grant date fair value established grant value excludes RSUs.\n $96 million unrecognized compensation cost RSUs. 64 years. $50 million performance-based RSUs. 63 years. total grant date fair value vested RSUs $147 million $120 million $64 million years December 2019 2018 2017.\nincome tax stock option RSU vestings $47 $94 $160 million 2017.\n Unvested RSUs December 31, 2018 10,623 $40.\n 4,426.\n (2.\n.\n 2019 9,328 $32."
}
{
    "_id": "d1b33599a",
    "title": "",
    "text": "UK Ireland market challenging. decline traditional calls lines. IP Voice market fragmented providers expanding share.\n mobile market competitive pressure pricing. growth broadband limited demand products fibre 4G. Internet Things Cloud SDWAN security opportunities.\n revenue decreased 5% fixed voice revenue. reduction calls fixed line mobile IP. less low margin equipment declines. offset growth IP Mobile Networking. growth messaging volumes.\n operating costs reduced 6% efficiencies. EBITDA decreased 4%.\n Capital expenditure increased 2% free cash decreased 7%.\n Retail order intake decreased 15% £2. 9bn large contract Ireland. Wholesale order intake declined 22% £1. 0bn.\n measures exclude. flow interest pension deficit payments.Enterprise comparatives Business Public Sector Wholesale Ventures transfer Northern Ireland Networks Openreach.\n revenue £6,292m operating profit £1,356m\n 2019 15 2018 18\n March\n revenue 6,292\n operating costs 4,302\n EBITDA 1,990 2,077\n Depreciation amortisation 634\n operating profit 1,356 1,442\n Capital expenditure 501\n free cash flow 1,483 1,587"
}
{
    "_id": "d1b2f8e6e",
    "title": "",
    "text": "Legislation regulations products ingredients nutritional content impact customer preferences financial results.\n Changes government regulation consumer eating habits impact ingredients nutritional content. states counties cities labeling laws nutritional information ingredients. Affordable Care Act requires restaurants publish calorie information menus. requirements increase expenses slow ordering influence demand impact sales profitability.\n Compliance with current laws regulations ingredients content packaging serviceware costly time-consuming. consumer health regulations change modify menu packaging higher costs reduced demand. regulations trans-fats sodium. removed artificial some naturally. Future requirements limiting trans-fats sodium may change menu switch higher cost ingredients. menu business.\n Failure obtain licenses permits food control regulations loss licenses harm business.\n required obtain maintain licenses permits approvals. regulations subject to change.failure licenses permits approvals affect financial results.\n table restaurant properties September 29, 2019\n restaurant buildings\n land 9 200 209\n leased land 54 581 635\n 63 781 844\n land 74 1,054 1,128\n-owned buildings 271\n 137 2,106 2,243"
}
{
    "_id": "d1b3c7304",
    "title": "",
    "text": "GreenSky Inc. FINANCIAL STATEMENTS States Dollars share\n. Income Taxes\n. taxed corporation pays federal state taxes income GS Holdings. interest Holdings. pass-through partnership not federal tax. not liable taxes GS Holdings earnings not allocated. results December 2017 reflect income tax expense not subject corporate tax.\n income before tax expense $88,848 $133,514 $138,668 2019 2018 2017 earned United States.\n income tax expense\n Current income tax expense\n Federal\n State\n Deferred tax expense\n tax expense $5,534"
}
{
    "_id": "d1b335206",
    "title": "",
    "text": "Indefinite-lived Intangible Assets\n acquired-process research technology. activities\n annual assessment October 31 qualitative test value carrying. impairment quantitative analysis. October 31, 2019 no indicators impairment identified.\n years ended December 31, 2019 2018 no IPR&D impairment losses recorded. 2017 recognized impairment losses $2. 0 million abandonment IPR&D project.\n Years Ended December 31,\n Beginning balance $4,400\n Transfers to developed technology IPR&D\n Ending balance"
}
{
    "_id": "d1b32be18",
    "title": "",
    "text": "\n 2020 capital program networks services expanding adding capacity density 4G LTE demands 5G network transforming Intelligent Edge Network reducing cost operating efficiencies. new network architecture 4G LTE coverage deployment 5G enterprise opportunities. capital expenditures vary weather equipment permits. Capital expenditures 2020 $17. 0 billion to $18. 0 billion including investment 5G network. expenditures $17. 9 billion 2019 $16. 7 billion 2018. discretion capital expenditures.\n net cash expansion modernization repay external financing pay dividends invest new businesses buy back common stock. operations external financing sufficient operating investing requirements.\n capital spending internally funds. Debt equity financing needed investments flexibility. cash equivalents held domestically internationally invested principal liquidity.foreign currency.\n financing commercial paper program vendor financing debt equity securities. notes capital market securities. monetize receivables asset-backed debt.\n December\n Cash flows\n Operating $ 35,746 34,339\n Investing (17,581) (17,934)\n Financing (18,164 (15,377\n Increase cash equivalents restricted cash"
}
{
    "_id": "d1b3387a8",
    "title": "",
    "text": "Repurchase Program\n April 26, 2019 Board Directors repurchase $13. 6 billion common stock. market privately accelerated repurchase programs Rule 10b5-1 plan.\n table\n 2019 $2. 1 billion $1. billion $1. 1 billion additional paid capital retained earnings.\n May 13, 2003 April 26, 2019 repurchased 313 million shares average $37. 46 per share price $11. 7 billion.\n 2018 28,\n shares repurchased\n Average price per share $ 72.\n Aggregate purchase price $ 2,111\n Remaining authorization end period $ 1,889"
}
{
    "_id": "d1b38abac",
    "title": "",
    "text": "income Industrial Solutions segment increased $78 million 2019 2018.\n increased higher volume improved manufacturing productivity.\n millions\n Acquisition-related charges\n $ 10 $ 6\n amortization acquisition fair value adjustments\n Restructuring charges\n $ 78 $ 90"
}
{
    "_id": "d1b332380",
    "title": "",
    "text": "Changes unrecognized tax benefits\n $20. 6 million $19. 8 million December 31, 2019 2018. recognized income tax benefit $20. 7 million $19. 6 million. net accrued interest penalties $0. 4 million $0. 2 million.\n $0. 2 million recognized 2020 statute limitations.\n Ended December 31,\n 2019 2018 2017\n balance January 1 $ 19,821 $ 10,939\n Increases 1,240\n settlements taxing authorities\n business acquisitions\n currency\n Reductions lapsed statute limitations\n Ending balance December 31 $ 20,604 $ 19,821 10,939"
}
{
    "_id": "d1b3952fa",
    "title": "",
    "text": "Earnings Per Common Share\n Basic diluted earnings 2019 2018 2017 calculated\n 2019 2018 excluded 3. million. 6 million potentially issuable incentive compensation plans convertible securities.\n issuable options price greater average market price. unvested restricted stock awards antidilutive unrecognized compensation cost. shares 6. 8 million 2. 7 million 4. 7 million 2019 2018 2017.\n Years Ended December\n 2018\n millions thousands\n Loss income\n Net income\n earnings\n diluted earnings\n Shares\n average number\n 1,088,730 1,078,409 635,576\n Non-vested restricted stock (17,289 (12,543 (7,768)\nshares earnings 1,071,441 1,065,866 627,808\n shares dilutive securities\n convertible securities\n incentive compensation plans 875\n adjusted diluted earnings 1,071,441 1,065,866 628,693\n earnings share.\n Diluted (loss earnings."
}
{
    "_id": "d1b342942",
    "title": "",
    "text": ". EARNINGS PER SHARE\n earnings calculated net income less dividend requirements average shares. Diluted earnings income operations dividend requirements shares dilutive equity awards.\n shares 597,961,925\n Net income $3,202,943 $3,614,610\n Net earnings per share $5."
}
{
    "_id": "d1a7255f6",
    "title": "",
    "text": "\n lease liabilities $220 million 2019 finance leases $142 million 2018.\n. 96%. 88% 2019 average long-term debt.\n DECEMBER 31\n long-term debt (1,024)\n other debt (153)\n Capitalized\n Total expense (1,132)"
}
{
    "_id": "d1b3471ea",
    "title": "",
    "text": "Pre-tax income international operations $214 million $890 million $353 million 2019 2018 2017.\n income tax expense\n December 28, 2018 completed accounting Tax Cuts Jobs Act. Securities Exchange Commission Staff Accounting Bulletin. 118 amounts provisional. guidance. Department Treasury Internal Revenue Service.\n March 29, 2019 30 2018 31, 2017\n Federal $73 $1,011 $108\n State\n 1,158\n Deferred\n (1,848)\n Income tax expense (benefit $92 $(690)"
}
{
    "_id": "d1a73f564",
    "title": "",
    "text": "Unrecognized Tax Benefits\n disclosures income tax rate\n 2019 increased $33. 9 million North America. 2018 $142. 1 million.\n December 31, 2019 recognized income tax $343. 5 million lower effective tax rate. tax examinations statute limitations benefits change 12 months. impact reserve balance $4. 6 to $6. 6 million 2020.\n interest penalties unrecognized tax benefits Statements Operations. $13. 1 million $4. million 2019 2018 2017. gross liabilities $56. 2 million 2019 $18. 2 million 2018 $14. 8 million 2017. increase liability 2019 impact Consolidated Balance Sheets.\n majority unrecognized tax benefit $390. 3 million North America.\n balance unrecognized tax benefits $.\ntax positions 3. 106. 7.\n prior 47. 59. 49.\n Reductions prior (16. (7. (4.\n statutes (1. (16.\n unrecognized tax benefits 390. 214."
}
{
    "_id": "d1b351cbc",
    "title": "",
    "text": ". Compensation Benefits\n compensation $38,186 $34,095\n bonus commissions 27,039 19,835\n vacation 20,647\n taxes 16,468 15,598\n severance costs\n 6,766\n $109,591 $95,813"
}
{
    "_id": "d1b3a6884",
    "title": "",
    "text": "\n satellites office premises land cellular tower retail outlets advertising spaces. Property plant equipment financial position.\n DECEMBER 31, 2019 INFRASTRUCTURE EQUIPMENT LAND BUILDINGS\n January 1 2019 3,329 2,453\n Additions 1,040\n Transfers\n Acquired\n Lease terminations\n losses earnings\n 31, 3,609 2,933 6,542\n DEPRECIATION\n 1 1,578\n Transfers\n Lease terminations\n 1,301 2,118\n CARRYING AMOUNT\n 1 2,287 1,917 4\n 2,308"
}
{
    "_id": "d1b39c12c",
    "title": "",
    "text": "Non‐executive Director fees paid annual pool $4,000,000 approved AGM 18 November 2010. board committee fees F19 $2,859,903.\n Directors variable pay Directors’ fees.\n reviewed fees Chair Member fees People Performance Committee Sustainability Committee effective 1 July 2019. F19 F20 Board Committee fees\n.\n Board $790,531 $254,990\n Audit Risk Management Compliance Committee $65,000\n People Performance Committee $54,525\n Sustainability Committee $45,000 $65,000\n Nomination Committee"
}
{
    "_id": "d1b3c874a",
    "title": "",
    "text": ". Stock option award plan\n non-vested stock awards December 31, 2019 changes\n share value $53. 2019. $44. 2018. $40. 2017. determined quoted market price common stock. Nasdaq Telecommunications Index. fair value stock 2019 2018 2017 $20. 8 million $19. 1 million $12. 6 million.\n Equity-based compensation expense $18. 5 million $17. million $13. million. income tax benefit $3. million $1. $2. million. capitalized compensation expense $1. $1. $1. million. December 31, 2019 $31. 7 million unrecognized compensation cost non-vested equity awards. recognized 1. 9 years.\n December 31, 2018 1,187,586 $41.\n.\n.\n.\n Non-vested 2019 1,283,281."
}
{
    "_id": "d1b2e92ac",
    "title": "",
    "text": ". DIVIDENDS\n regular dividend 3 cents per share declared. final dividend franked 2. 6 cents announced 23 August 2019. not liability Hansen Technologies Ltd 30 June 2019.\n. final dividend 4 cents share franked ordinary 3 special dividend 1 cent.\n amounts dividend franking account end adjusted credits current tax liability debits credits receipt credits years.\n Dividends paid re-investment\n 4 cent per share final dividend 27 September 2018\n 3 cent dividend 30 September 2017\n 3 cent interim dividend 29 March 2019\n 29 March 2018\n dividend not recognised year\n Dividends\n 30% franking credits available shareholders Hansen Technologies subsequent years"
}
{
    "_id": "d1b3032f6",
    "title": "",
    "text": "Financial risk management\n treasury function manages funding foreign exchange interest rate counterparty risk from investments derivatives.\n operations policies guidelines reviewed by Board July 2018\n treasury risk committee Chief Financial Officer Controller Treasury Director meets times information quarterly. accounting reports. internal auditor reviews.\n uses derivative instruments for currency interest rate risk transacted by treasury personnel. mitigates banking credit risk collateral support agreements.\n Credit risk\n counterparty obligations loss. risk operating financing maximum exposure at 31 March\n Expected credit loss\n assets amortised cost fair value subject loss IFRS 9. Cash investments. expected credit loss immaterial.\n Information page 164.\n Cash bank in hand 2,434\n Repurchase agreements bank deposits\n9,007 2,477\n Government securities 3 1,974\n investments\n instruments 3,634 2,629\n receivables 5,402\n,337"
}
{
    "_id": "d1a72031c",
    "title": "",
    "text": "reconciliation non-current operations previous year. assets METRO China part reconciliation\n Adjustment year.\n million 30/9/2018 30/9/2019\n Non-current assets 6,348\n METRO China 560\n Financial assets 88\n Investments 178\n Deferred tax assets 329\n Non-current group assets 7,503 6,736"
}
{
    "_id": "d1b38f0b2",
    "title": "",
    "text": ". INCOME TAXES\n 2018 IFRS 15 accounting policy Cogeco discontinued operations. policies operations.\n 2019 income taxes expense $83. 7 million $17. 2 million federal rate reduction profit before taxes MetroCast acquisition appreciation US dollar Canadian dollar.\n March 19, Department Finance tax depreciation capital investments November 20 2018 2023 2028. income tax expense 2019. March 21, Québec Department Finance Federal legislation.\n December 2017. Tax Cuts Jobs Act. corporate tax rate 35% to 21% reduced deferred tax liabilities $94 million$74 million quarter 2018. interest deductibility full deduction acquisitions operating losses base erosion anti-avoidance income tax expense.\n Years August 31, 2019 2018\n Profit before taxes 440,563 367,380.\ntax.\n 116,749 97,356.\n tax rates 1,466\n Impact deferred taxes rates (94,175\n non expenses non-taxable profit (565) 1,670\n impacts foreign operations (28,633 (22,099).\n (5,377\n 83,655 (17,198)"
}
{
    "_id": "d1b348cde",
    "title": "",
    "text": "Contractual Obligations December 31, 2019 obligations\n Interest-term debt fixed variable. rates future interest obligations. settlements swap estimated yield curves.\n Unrecorded purchase obligations capital expenditures service maintenance computer hardware software equipment. contracts liable minimum payments.\n Recorded obligations accounts payable accrued expenses goods services settled cash.\n contributions pension post-retirement benefit plans next 5 years. contributions differ.\n Benefit Pension Plans contribute pension supplemental retirement plans post. annually amount federal income tax regulations.\n cost Pension Plans future funding return investment discount rate amortization unrecognized gains losses. Returns funded benefits. long-term rate return 6. 97% 7. 03% 2019 2018. January 1, 2020 longterm rate return 6. 25%.Pension Plans equity securities. cash.\n pension post-retirement costs $11. 5 million $5. 6 million $3. 8 million 2017. contributed $27. 5 million $26. 2 million $12. 5 million Plans.-retirement plans $8. 5 million $9. 7 million $6. 5 million. 2020 $25. million Pension Plans $8. 9 million post-retirement plans. minimum funding requirements employee tax laws. Note 11.\n -3 3 -5\n Long-term debt $ 18,350 521,700 1,729,663 2,269,713\n Interest long-term obligations 128,731 246,834\n Finance leases 10,280\n Operating leases\n Unconditional purchase obligations\nUnrecorded 36,488 37,830 19,954 95,643\n Recorded\n 33,861 64,311 65,959"
}
{
    "_id": "d1b353490",
    "title": "",
    "text": ". Debt Equity\n table\n equity interests private funds. 6 billion July 27, 2019 accounted NAV ASU 2016-01 quarter 2019.\n 28,\n debt investments $21,660 $37,009\n equity securities\n 21,663 37,614\n Non-marketable equity securities\n $22,863 $38,710"
}
{
    "_id": "d1b38aa08",
    "title": "",
    "text": "Restricted Stock Units\n September 2019 Compensation Committee awards management team\n 13,150 units vested September 2019. remaining 100\n vest October 2019 2020.\n 8,666 vested 2019. remaining 4,334\n vest October 2019.\n 4,333 vested September 2019. vest\n October 2019 2020.\n 15,050 units vest October 2019 2020 2021.\n no direct cost recipients units taxes. entitled adjustments stock splits dividends distributions common stock. cash dividends distributions held escrow until conditions vesting met.\n recipients receive common stock\n or cash settlement closing price vesting.\n compensation expense Statement Operations reflects\n straight-line amortized fair value “ASC 718 – Compensation Stock Compensation”.\nincome compensation expense restricted stock awards $1. 2 million 2019. accrued expenses Balance Sheet. tax benefit $0. 3 million. total value stock units $1. 1 million $1. 2 million.\n award 2015 2016 2017 2018\n number awards issued 13,250 13,000\n Service period 36 - 60 months\n Estimated fair value grant date $1,112,000 $1,191,000 $1,177,000 1,264,000\n Non-vested awards\n 2019,334\n value\n $8,000 $330,000 $661,000 1,148,000"
}
{
    "_id": "d1b37bee0",
    "title": "",
    "text": "Contributions Direct Benefit Payments\n pensions benefits tax. contributes additional.\n contributions non. postretirement multi-employer DC direct payments 2019 2018. contributions cost Consolidated Income Statement. impact financial statements.\n 2019 2018 $635 million $598 million contributed. Treasury securities non-cash transaction Medical Trust.\n 31\n Non. DB plans 243\n pension 304\n Multi-employer plans 32\n DC plans 1,040\n Direct benefit payments 559\n $2,177 $2,288"
}
{
    "_id": "d1b390430",
    "title": "",
    "text": "table summarizes long-lived assets property plant equipment geography 2019 2018 2017 millions.\n suppliers subcontractors. multiple sources rely single.\n United States $521. $393. $388.\n Thailand 209. 215. 178.\n countries 266. 159. 116.\n Total long-lived assets $996. $767. $683."
}
{
    "_id": "d1b3153de",
    "title": "",
    "text": "net operating loss carryforwards deferred tax differences future earnings. deferred tax assets reviewed.\n September 30 2018 remaining valuation allowance $105,000 net operating loss forwards. 2019 reversed $58,000. $68,000 increasing $10,000 future utilization. remaining $47,000 state net operating loss carry forwards. adjust. income tax benefit. increased additional income tax expense.\n deferred income tax assets liabilities\n Intangibles $(75,190) $(70,467)\n Property equipment depreciation (521,586),119\n Net operating loss carry forwards credits 377,505 464,274\n Stock-based compensation 114,118\n Inventories 350,197,111\n Prepaid expenses (63,252)\n Accrued expenses reserves 371,414 250,787\nGoodwill (607,882)\n deferred tax (54,676)\n,014)\n deferred tax"
}
{
    "_id": "d1a740a0e",
    "title": "",
    "text": ". Credit Facilities Long-Term Debt\n debt\n property plant equipment pledged collateral note payable. maintain working capital 1. 25 to 1) net worth $90. 0 million plus 45% net limit dividends third previous net income maintain funded debt capitalization maintain current cash-flow coverage ratios (1. 25 to 1). requires Fred R. Adams Jr. Founder maintain ownership shares 50% voting power. property plant equipment pledged collateral note. maintain working capital 1. 25 to 1) net worth $90. 0 million plus 45% net limit dividends third previous quarter’s net income funded debt capitalization not exceed current cash-flow coverage ratios (1. 25 to 1). Fred R. Adams. maintain ownership shares 50% voting power.\nInterest $644,000 $265,000 $318,000 recorded 2019 2018 2017. Interest $217,000 $1. 1 million capitalized construction facilities\n July 10, 2018 entered $100. million Senior Secured Revolving Credit Facility five-year term. increase commitments $125. million. No borrowed June 1, 2019. $3. 7 million outstanding standby letters credit June 1 2019.\n interest rate based Eurodollar Rate\n Base Rate.\n deposits London interbank\n. fluctuating rate federal funds rate. 50% prime rate Table Contents 54 Eurodollar Rate 1%. Margin” 0.%. 75% per annum Base Rate Loans 1. 75% Eurodollar Rate Loans balance. commitment fee. 20% unused portion facility.\nRevolving Credit Facility guaranteed by current future subsidiaries secured by first-priority interest in Company’s guarantors’ accounts intangibles instruments paper inventory deposit accounts agent.\n credit agreement contains covenants restrictions on liens additional debt sales corporate changes investments. minimum working capital ratio 2. 00 to 1. 00 annual limit capital expenditures $100. 0 million. Fred R. Adams Jr. spouse children sons-in-law grandchildren maintain 50% Company’s voting stock. Failure default. dividends restricted to policy one-third net income. $75. 0 million capital stock no default $20. 0 million.\n includes events default remedies acceleration foreclosure collateral.\n June 1, 2019 compliance with covenant requirements loan agreements.\nJune 1 2019 2 2018\n. 20% $250,000 2020 $4\n 5. 40% $125,000 2019\n lease obligations\n 6,090\n loan costs\n debt 2,337 6\n maturities 1,696\n-term debt $641 $2,554"
}
{
    "_id": "d1b34c1cc",
    "title": "",
    "text": "Plan-Based Awards\n estimated payouts cash incentive awards\n Executive Officers 2019 performance NEO Plan.\n threshold target maximum awards.\n Date Payouts Non-Equity Incentive Plan Awards Stock Awards Shares Option Securities Price Grant Date Value\n Threshold Target Maximum\n Barry Litwin 100,238 1,113,750 1,237,500\n Thomas Clark 5,062 225,000 337,500\n Robert Dooley 13,837 615,000 922\n Eric Lerner 6,773 300,900\n Manoj Shetty 5,435 241,535\n Lawrence Reinhold"
}
{
    "_id": "d1b33fbac",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars share\n cash flow impact GS Holdings Statements.\n Ended December 31,\n operating $153,327 $256,426\n investing (15,381) (6,581)\n financing (159,608) (154,210)\n cash restricted cash (21,662 95,635\n,473 353,838\n end $427,811 $449,473"
}
{
    "_id": "d1b39ea4e",
    "title": "",
    "text": ". Accounts Liabilities\n administrative expenses. stock rotation sales returns discounts. Note 6 Recognition\n Year Ended March\n Accounts Receivable $300,016 $273,053\n Allowances doubtful accounts 1,893\n Stock rotation 15,989\n Sales returns discounts\n allowances 24,757 16,062\n $275,259 $256,991"
}
{
    "_id": "d1b370f68",
    "title": "",
    "text": "SHARE-BASED PAYMENT PLANS\n Corporation offers Employee Stock Purchase Plan employees subsidiaries Stock Option Plan executive officers employees. No 10% outstanding voting shares available issuance. offers Incentive Share Performance Share Unit Plan executive officers employees Deferred Share Unit Plan Board Directors.\n Employee Stock Purchase Plan accessible employees 7% base annual salary contributes 25% employee contributions. subscriptions monthly shares purchased stock market.\n,500 shares reserved. minimum exercise price options equal market value. Options vest over five years exercisable over ten years.\n options granted outstanding August 31\n 2019 granted 97,725 (126,425 2018) stock options Cogeco's executive officers. weighted average share price options $92. 43 ($83. 46 2018).\n.\nGranted 201,525 65. 281,350 85.\n Exercised,754. (60,337.\n Cancelled (134,550. (54,005).\n 715,614. 819,393.\n,374. 277,108."
}
{
    "_id": "d1b394292",
    "title": "",
    "text": "cash\n Non-cash investing\n April 26, 2019 27, 2018 28, 2017\n Non-cash Investing Financing\n Capital expenditures $\n-cash sale-leaseback financing obligations\n Supplemental Cash Flow\n Income taxes refunds $ 205\n Interest $ 53 58"
}
{
    "_id": "d1b3a3eb8",
    "title": "",
    "text": "Deferred tax assets liabilities March 31,\n March 2019 $199. 1 million federal loss carryforwards 2031 2038 $11. 5 million federal carryforwards indefinitely. Hong Kong Malaysia Singapore subsidiaries $0. 4 million. 1 million. 2 million carryforwards. losses carried indefinitely.\n India subsidiary $0. 4 million alternative tax credits. Economic Zone. not subject taxes first 5 years. value $0. 5 million.\n $127. 5 million state net operating loss carryforwards 2020 2039.\n valuation allowances deferred income assets uncertainty. March allowance $57. 9 million $57. 0 million federal state $0. 9 million Hong Kong Malaysia Singapore Philippines.\n. valuation allowance. realization future taxable income.\nconsiders reversal deferred tax liabilities carryback taxable income planning strategies. deferred tax assets future taxable income before expiration.\n losses believes realize benefits deductible differences. valuation allowance could. profitability visibility future results. tax rate may increase valuation release. allowance release affect cash taxes.\n undistributed earnings foreign subsidiaries not subject. taxes dividends. earnings permanently reinvested totaled $3. 1 million $1. 7 million March 31, 2019 2018.\n reinvestment overseas working capital foreign acquisitions expansion. determination unrecognized deferred. income tax liability not practicable.\n ASU 2016-09 used-and-without approach tax benefits share-based payment awards. income taxes compared deduction share-based payments compensation cost.\nloss carryforwards before deduction.\n Deferred tax assets\n Accrued liabilities $3,944 $2,720\n doubtful accounts\n Inventory valuation reserve\n Federal losses carryforwards 45,227 42\n losses\n State losses carryforwards 9,886\n Deferred revenue\n Goodwill intangible assets\n 56,845\n valuation allowance,260\n 2,649\n Deferred tax liabilities\n Property equipment software amortization\n Goodwill intangible assets (2\n $(418)"
}
{
    "_id": "d1a715322",
    "title": "",
    "text": ". Net Income (Loss) Per Share\n calculated-average common shares without equivalents. Diluted EPS dilutive common stock equivalents.\n common stock options restricted stock units awards common stock equivalents included EPS dilutive. net loss dilutive common stock equivalents excluded.\n table computation basic diluted earnings per share\n 2019 2018 2017 incurred net losses excluded common stock equivalents awards. 3. 7 4. million diluted net loss.\n Years Ended December\n Net loss $(19,898) $(26,199) $(9,187\n Weighted average common shares 71,005 68,490 66,252\n Dilutive common stock equivalents\n Net loss per share\n.28. 38. 14\n. 28. 38. 14"
}
{
    "_id": "d1b337650",
    "title": "",
    "text": "Dividends\n proposed dividend approval 2020. not liability Financial Statements. alternative cash dividend final dividend 31st December 2019.\n Amounts paid\n Final dividend 71. 62. share 52. 45.\n Interim dividend 32. 29. share 23. 21.\n dividends 75. 67.\n Amounts dividend 32. 29. share 23. 21.\n final dividend 78. 71. share 57. 52.\n dividends 81. 73."
}
{
    "_id": "d1b33ff62",
    "title": "",
    "text": "\n May 2019 Company purchased $460. 9 million 2020 Notes issued $250. 0 million 9. 25% senior secured notes due November 2022. loss $10. 6 million 2020 Notes December 31, 2019.\n September 2019 Teekay LNG refinanced Torben Spirit 7. 5 years. loss $1. 4 million December 31, 2019 original finance lease.\n termination lease RasGas II LNG 2014, additional rentals due UK taxing. 2017 Teekay Nakilat Joint Venture recognized additional liability statements.\n 2017 Logitel Offshore Holding Altera 2014. deconsolidated September 2017.\n 31,\n Loss bond repurchases\n Loss lease extinguishment\n Tax indemnification guarantee liability\n Contingent liability (4,500\nGain sale investment 1,250\n Miscellaneous (2,457)\n loss (14,475),981"
}
{
    "_id": "d1a716c9a",
    "title": "",
    "text": "Taxes\n subject United States other jurisdictions countries. Earnings non-U. activities local tax. tax.\n recognized income tax benefit $8. 3 million 2019 $18. 5 million 2018. charge re deferred tax assets Tax Cuts Jobs Act.\n effective tax rate (66)% 2019 differs. Federal tax rate 21% stock-based compensation excess tax benefits research development credits differences withholding taxes non expenses.\n unrecognized tax benefits $6. 2 million tax rate.\n 2017 Tax Act changed. tax law. corporate income tax rate 21% January 1 2018.\n income foreign subsidiaries special deduction foreign-derived intangible income tax. effective August 1 2018 no impact tax benefit 2019.\n treat taxes GILTI current expense deferred taxes. elected current period expense method.December 2018 Internal Revenue Service issued regulations BEAT tax evaluating. regulations finalized impact tax provision enactment.\n. Treasury Department IRS standard-setting bodies interpret Tax Act. analyze guidance revise estimates information.\n legislative changes. result income tax adjustments. finalized assessment transitional impacts Tax Act.\n Fiscal years ended July 31,\n 2019 2018 Change\n Amount ($) (%)\n thousands\n Provision income taxes $(8,280) $18,467 (26,747\n Effective tax rate (66)% (223)%"
}
{
    "_id": "d1b38bd54",
    "title": "",
    "text": ". Earnings Per Share\n average. Diluted dilutive effect stock appreciation rights restricted stock units shares trust.\n shares earnings\n Years Ended December 31,\n 2019 2018 2017\n average shares 41,649 42,090 41,822\n Diluted\n Dilutive effect rights restricted stock units shares 153\n diluted shares 41,802 42,246 42,141\n Anti-dilutive shares excluded earnings 69 44"
}
{
    "_id": "d1b3418d0",
    "title": "",
    "text": "Contractual Obligations\n table summarizes payments obligations June 30, 2019\n Note 11 Debt.\n 7 Property Equipment.\n 15 Leases.\n 12 Income Taxes.\n purchase commitments take-pay contracts not construction.\n excluded long tax contingencies liabilities deferred income taxes $14. 2 billion. unearned revenue non-cash items.\n 2023-2024\n Long-term debt\n Principal payments $ 5,518 11,744 47,519 72,781\n Interest payments 2,299 4\n Construction commitments 3\n Operating leases 1,790 3,144 2,413 3,645 10\n Finance leases,165 14\n Transition tax 1,180 16\ncommitments 17,478 1,185\n liabilities 425\n 32,505 25,877 20,752 99 178,371"
}
{
    "_id": "d1b3c0fb8",
    "title": "",
    "text": "values December 31, 2019\n receivables sales. ten largest customers 49% receivables assets 2019.\n 1–90 91–180 181–360\n Low 1,347 1,912\n Medium 891 3,035\n High 583 365 217 1,315 2,480\n 2,821 1,215 944 2,447 7,427"
}
{
    "_id": "d1b3bf370",
    "title": "",
    "text": ". Equity dividends\n Directors declared final dividend 18 cents share 30 June 2019. paid 25 September. total dividend US$15. 9 million shares.\n Accounting policy dividends\n declared discretion.\n Final dividend year 30 June 2018 14 cents 12 cents\n Interim dividend half year 31 December 2018 AU 16 cents 13\n"
}
{
    "_id": "d1b321f3a",
    "title": "",
    "text": "table provides-GAAP earnings 2019 2018. page 46.\n impacted Red Hat accounting acquisition activity.\n Includes $2. billion 2018. tax reform.\n December 31 2018.\n Net income $ 9,431 8,728.\n discontinued operations\n continuing operations $ 9,435.\n Non-operating adjustments\n Acquisition-related charges 1,343.\n-operating retirement costs.\n. tax reform charge.\n-GAAP earnings $11,436 $12,657.\n earnings share $."
}
{
    "_id": "d1b30c7f2",
    "title": "",
    "text": ". PROPERTY PLANT EQUIPMENT\n December 31, 2019\n Depreciation $70. 8 million $67. 4 million $66. 1 million. value $5. 4 million. 5 million. accumulated depreciation $5. 1 million $5. 2 million.\n Land $16,561\n Buildings 107,282\n Machinery equipment software,970 752\n Furniture fixtures 29,157\n improvements 59,378\n Construction\n 1,049\n accumulated depreciation 729,669\n"
}
{
    "_id": "d1b336278",
    "title": "",
    "text": "figure table total remuneration\n executive director 52 weeks 30 March 31 March 2018.\n Gavin Darby\n basic salary £700,000 supplement 20% base salary 31 January 2019. bonus £525,500 31 January 2019. Benefits executive driver service private health insurance annual medical assessment.\n Alastair Murray\n basic salary £416,201 annum supplement. 5% Earnings Cap (£160,800 2018/19 tax year £12,060 additional RPI pensions supplement £24,348. Acting CEO 1 February 2019 new CEO.\n monthly salary supplement £20,000 pension annual bonus-term incentives.\n bonus £231,615. Benefits company car executive driver service private health insurance. one-third annual bonus shares deferred three years.\n details annual bonus assessments pages 53 to 55.\n Alastair Murray\nSalary 583 700 416\n supplement\n Taxable benefits\n Pension 117 140\n Annual Bonus 525 368 232\n Share awards\n 1,242 751"
}
{
    "_id": "d1b36803e",
    "title": "",
    "text": "Allowances for Receivables Sales Returns\n allowances receivables millions\n Calculated allowance credit loss on lease receivables percentage gross lease receivables residual value before unearned income.\n allowance for doubtful accounts based on collectibility customer accounts. review historical experience credit quality age receivable external economic conditions historical default frequency rates updated quarterly. concentration receivables. If creditworthiness deteriorates defaults higher circumstances estimates overstated additional allowances operating results.\n allowance credit loss on financing receivables based on collectibility accounts. review allowances individual collective. historical experience credit quality age economic conditions. default frequency rates historical loss rate economic conditions concentration risk correlation. Determining default frequency rates loss factors complex subjective. increase allowance credit loss affect operating results.accounts financing charged uncollectible.\n reserve future sales returns established. July 27, 2019 28, 2018 $84 million $123 million revenue. returns deviate revenue.\n 28, 2018\n doubtful accounts $136 $129\n gross accounts. 4%.\n credit loss—lease receivables. $46 $135\n. 8%. 7%\n credit loss—loan receivables $71 $60\n. 3%."
}
{
    "_id": "d1b33c8d0",
    "title": "",
    "text": "Financial risk management\n Liquidity risk\n cash securities funding credit facilities.\n monitors cash equivalents.\n Maturities financial liabilities\n financial liabilities.\n contractual undiscounted cash flows.\n unsecured notes early redemption options.\n Contractual Maturities Liabilities 12 months 1 5 years Over 5 years cash flows amount\n 2019\n Trade payables 44,840\n Unsecured notes 46,634 900,046\n Lease liabilities 5,008\n Total non-derivatives 96,482 926,755 167,214 1,190,451 912,017\n 2018\n Trade payables 27,640\n Unsecured notes 18,750\n Lease liabilities 641\nnon-derivatives 47 5 330"
}
{
    "_id": "d1b35493a",
    "title": "",
    "text": "Operations 2019 2018\n revenues $187. 2 million down. 0% $201. 2 million 2018. net loss $15. 6 million. 96 share $24. 1 million. lower Restaurant/Retail hardware 1. Brink POS revenue. 2018 net loss valuation allowance $14. 9 million deferred tax assets.\n Brink $0. 3 million Restaurant Magic 2019\n revenues $66. 3 million decrease 15. 8% $78. 8 million 2018. lower revenues 1 international business. hardware sales down. international sales down SureCheck divested. revenue $0. 7 million $2. million 2018.\n Service revenues $57. 0 million increase 3. 1% $55. 3 million 2018 Brink $3. 9 million POS SaaS revenue. revenue $2. 7 million 2019 $4. million 2018.\n Contract revenues $63.million 31, 2019 $67. 2 million 2018 4. 8%. 4% Mission Systems revenue contracts 4% ISR funding.\n Product margins 22. 9% 23. 0% 2018.\n Service margins 30. 9% 23. 8%. impairment charges SureCheck $1. 6 million $0. 7 million.\n Contract margins 8. 9% 10. 7% 2018. Mission Systems cost contracts.\n Selling administrative expenses $37. 0 million $35. 0 million 2018. Brink POS sales marketing equity incentive compensation offset savings. SG&A expenses $0. 6 million $1. 1M 2018.\n Research development expenses $13. 4 million $12. 4 million 2018. $2. 1 million software development investments.\n $1. 2 million amortization expense Brink Software. $1. million 2018.2019 $0. 2 million Drive-Thru Acquisition. 1 million Restaurant Magic Acquisition.\n income$1. 5 million $0. 3 million 2018. value adjustments rental income expenses foreign currency gains losses deferred compensation plan non-operating. 2018 $0. 5 million gain sale real estate. 2019 $0. 2 million expense Brink Acquisition $0. 5 million reduction contingent consideration.\n Interest expense $4. 6 million 2019 $0. 4 million. million. 50% Convertible Senior Notes $2. million debt discount.\n income tax rate 18. 9% deferred tax adjustments foreign tax credit taxes offset valuation allowance benefits non-qualified stock options. 2018 tax rate (141. 7)% full valuation allowance deferred tax assets.\n2019\n Restaurant\n $78,238 $102,877\n Brink 41,689 25,189\n SureCheck 3,380 6\n Restaurant Retail $123,307 $134,069,762\n surveillance $29,541 $30,888\n Systems 33,513 35,082\n Product Sales 871 1,207\n Government $63,925 $67,177"
}
{
    "_id": "d1b39624a",
    "title": "",
    "text": "Property Equipment\n classes\n Depreciation 2019 2018 $7 $18.\n Office furniture $79\n Computer equipment 81 67\n 160\n depreciation (144)\n property equipment $16 $9"
}
{
    "_id": "d1b2ef24c",
    "title": "",
    "text": "Financial Instruments\n cash equivalents trade accounts receivable prepaid expenses assets accounts payable accrued expenses short-term. borrowings credit loans.\n Notes payable long-term debt amortized cost Company estimates value. table amounts values\n estimates market data.\n indicative borrowing cost discounted cash flows.\n Note 9 “Postretirement Employee pension plan assets.\n 2019 2018\n Fair Value Hierarchy\n long-term debt\n. 625% Senior Notes $398,886 $416,000 $397,995 $415,704\n. 700% 498,004 525,890 497,350 503,545\n. 900% 299,057 318,704 298,814 306,535\n. 950% 494,825 509,845 494,208 476,010"
}
{
    "_id": "d1b33e716",
    "title": "",
    "text": "\n Vessel Calendar Days fleet.\n Charter Revenue TCE days.\n December 31,\n figures USD TCE rate\n Revenue 289,016 297,141.\n expenses,012).\n Revenue 124,004 154,676.\n Vessel Calendar Days 9,747 10,892.\n off-hire days.\n TCE days 9,470 10,025.\n TCE Rate day $13,095 $15,428.\n vessel operating expenses 9,747 10,892."
}
{
    "_id": "d1b329e9c",
    "title": "",
    "text": "Capital\n cash investments capital\n $169. 6 million June 30 2019 $48. 5 million $121. million 2018. $104. million $21. 8 million $34. 4 million repayments debt repurchases stock.\n $121. 1 million June 2018 $9. 3 million $130. 5 million 2017. $132. 5 million Campus Fabric Center expenditures offset financing $104. 7 million borrowings $19. million.\n $169,607 $121,139\n Marketable securities\n $122"
}
{
    "_id": "d1b35e57a",
    "title": "",
    "text": "Property Equipment\n July 31, 2019 2018 no pledged collateral. Depreciation expense $9. 7 million $7. million $6. 6 million 2019 2018 2017.\n capitalizes costs cloud-based subscriptions compensation. three five years.\n recognized $1. million $0. 4 million amortization expense 2019 2018. no amortization 31, 2017.\n Computer hardware $17,799 $20,614\n Software\n costs 7,374\n Equipment machinery 10,455\n Furniture fixtures 8,137\n Leasehold improvements 48,191\n property equipment 98,697 48,489\n accumulated depreciation (32,888)\n $65,809 $18,595"
}
{
    "_id": "d1b3007fe",
    "title": "",
    "text": "assets METRO distributed\n commitments valued actuarial IAS 19. legal economic circumstances.\n 30/9/2018 30/9/2019\n Germany 71\n Netherlands 584\n Kingdom 209\n Belgium 50\n countries\n"
}
{
    "_id": "d1b361f86",
    "title": "",
    "text": "2. Revenue from contracts with customers\n estimate upfront fee revenue\n recognised ‘referred’ sales ‘financial’ ‘clawback’. estimates adjusted to percentages reporting date. Group determines revenue estimating variable consideration industry data historical experience note 3. 6.\n estimate trail commission revenue\n requires estimates assumptions industry data historical experience. note 3. 4 details revenue.\n Revenue variable consideration estimated contracted services constrained until revenue reversal uncertainty resolved.\n Upfront fees\n Group refers consumer upfront fee contingent upon referred sale ‘financial’ ‘clawback’. trigger ‘clawback’ early termination. contingencies incorporated into estimate variable consideration.\n Click-through fees\n recognised contractual arrangement with product provider. link application.\n Advertising subscription fees\ncontracted services advertising subscription fees recognised transaction price obligation. non-refundable revenue recognised periods until obligation.\n fees customers mortgages iSelect. policy loan. Group without services. revenue assets recognised expected value subject constraints.\n 2018\n Upfront revenue\n 113,609 140,971\n Click-through fees 3,657\n Advertising subscription fees 2,161\n Trail commission revenue 34,732 33,007\n Total revenue contracts 154,159 176,931\n Revenue obligations years"
}
{
    "_id": "d1b3340ea",
    "title": "",
    "text": "Merger Private Offering Warrants purchase,367 shares Series B Stock\n $1. 05 per share issued Prior Protagenic warrants $665,000 debt $35,000 accrued interest exchanged five-year warrants 295,945 shares Series B Stock $1. 25 per share. Placement Agent Warrants 127,346 shares $1. 25 per share issued Private offering. warrants 423,291 shares derivative liabilities. warrants converted common stock reverse stock split July 2016.\n warrant issuances\n December 31, 2019 3,826,658 shares price $1. 05 intrinsic value\n $1,375,990.\n $1. 05 intrinsic value\n $3,633,335.\n.\n.\n."
}
{
    "_id": "d1b37534c",
    "title": "",
    "text": "\n non-GAAP measures include operating activities less property equipment purchased. cash flow perspective cash.\n calculation.\n non-GAAP measures past performance future results. not GAAP read with consolidated financial statements.\n management uses non-GAAP measures business decisions. future. Compensation executives based performance measures.\n monitor non-GAAP financial measures\n year December 31,\n Non-GAAP gross profit $168,242 $163,376 $153,849\n Non-GAAP gross margin 82. 0% 84. 6%.\n Non-GAAP operating loss $(8,689) $(4,325) $(16,440)\n margin (4. 2)% (2. (9.\n-GAAP net loss $(9,460) $(4,548) $(16,594)\n loss per share.\ncash(3,924),201"
}
{
    "_id": "d1b363dc2",
    "title": "",
    "text": ".\n 2019 2018\n Accounts payable $32,878 $20,214\n Accrued expenses 10,092 34,557\n Subsidiary awards 141\n liabilities 3,459\n $48,727 $58,430"
}
{
    "_id": "d1b346c22",
    "title": "",
    "text": "Net Income to Adjusted EBITDA Reconciliation\n Adjusted EBITDA as net income loss from consolidated statements before interest expense taxes depreciation amortization restructuring charges impairment goodwill assets share-based compensation expense nonoperating items items outside normal course operations.\n Restructuring charges exclude expenses employee severance office consolidation contract termination charges from Adjusted EBITDA accurate comparisons financial. assets estimate long-term value. adjustments correlate with sustainability operating performance.\n Impairment of goodwill long-lived assets exclude impact charges. separately. exclusion allows comparisons operating results. increases comparability performance.\n Share-based compensation expense impact. comparisons. compensation expense timing size awards.\nnon-operating income/ exclude foreign currency exchange transaction gains losses related intercompany financing gains losses business combinations dispositions sales pension settlements noncontrolling interests early redemption payments debt refinancing. adjustments correlate with sustainability operating performance.\n exclude expenses gains outside operations. costs include legal settlements expenses business optimization costs transactional costs. exclusion allows management users understand financial results.\n Adjusted EBITDA not GAAP vary inconsistencies. Adjusted EBITDA margin period percentage of revenues.\n EBITDA measure performance evaluate fund incentive compensation programs compare results competitors. performance provides information investors financial business trends non-GAAP understanding operating performance.\nAdjusted EBITDA net income operating cash flows performance measures. limitations not results GAAP. limitations.\n reconciliation net income/(loss Adjusted EBITDA years December 31, 2019 2018\n 2019 2018 business optimization costs transaction related. 2017 transaction.\n December 2019 non-operating expenses $170 million pension settlements plan transfers third parties Netherlands. Note 11 “Pensions Post-Retirement Benefits”.\n Year Ended December 31,\n MILLIONS 2019 2018 2017\n Net income/(loss) Nielsen shareholders $(415) $(712) $429\n Interest expense 391 386 370\n/provision income taxes (260) (182) 388\n Depreciation amortization 756 675 640\n EBITDA 472 167 1,827\nnon-operating 191 33\n Restructuring charges\n goodwill assets 1,004 1,413\n compensation 50\n 56 63\n EBITDA $1,853"
}
{
    "_id": "d1b3c4b36",
    "title": "",
    "text": "RESTRICTED STOCK UNITS\n summary RSUs award activity December 2019\n Company estimates value granted shares. recognized. 3 million. 9 million. 6 million stock-based compensation expense RSUs.\n December 31, 2019 compensation cost unvested RSUs. 8 million expected. 3 years.\n Weighted Average Date\n Non-vested 315,292.\n Shares granted 253,113.\n vested 82,270. 323,420.\n Non-vested end year 486,135. 53 315,292."
}
{
    "_id": "d1b34fc64",
    "title": "",
    "text": "\n Revenue\n decreased 2019 increased 2017 volatility semiconductor capital investments. Asia region majority revenues worldwide capacity investments semiconductor.\n deferred revenue balance $449 million June 30, 2019 $994 million June 24 2018. recognized Accounting Standard Codification 2018 ASC 605 change value. shipments Japan acceptance. Shipments inventory cost acceptance. anticipated future revenue $78 million June 30, 2019 compared $607 million June 24 2018.\n 2019 24 2018 2017\n Revenue $9,654 $11,077 $8,014\n Korea\n China\n Japan\n Taiwan\n UnitedStates 8%\n SoutheastAsia 6%\n Europe 4%"
}
{
    "_id": "d1b3a1bcc",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. CONSOLIDATED FINANCIAL STATEMENTS U. S. dollars\n August 30 2019 three segments Dry Bulk Vessel Operations Logistics Business Containers Business. Containers consolidation Navios Containers November 30, 2018. two reportable segments Dry Bulk Vessel Operations Logistics. strategic. Dry Bulk Vessel Operations transportation bulk cargoes. Logistics Business ports transfer terminals vessels barges pushboats transport Hidrovia.\n performance net income Navios Holdings stockholders. Inter-segment sales transfers not eliminated. financial information\n Dry Bulk Vessel Operations Logistics Business Total\n Revenue $254,178,271 $482,449\n Administrative fee revenue affiliates\n Interest income 9,610\nInterest,948) (40,531) (133,479)\n Depreciation amortization,288 (29,435\n (9,185\n Navios Holdings\n assets 1,511,517 631,338 2,142,855\n Goodwill 56,240\n Capital expenditures (36,628)\n 64,352\n Cash 32,386 45,605 77,991\n debt $1,048,318 $514,929 1,563"
}
{
    "_id": "d1b33d3ca",
    "title": "",
    "text": ". Financial Data\n December 2019. past future.'s Discussion Analysis Financial Condition statements notes.\n Balance Sheet Data\n December 31,\n Cash equivalents $19,505 $18,017 $22,553 $26,838 $35,128\n Working capital $1,116 $6,356 $7,646 $14,643\n Total assets $54,538 $43,424 $45,672 $68,579\n Stockholders' equity $10,863 $14,059 $13,078 $18,064 $21,387"
}
{
    "_id": "d1b305ef2",
    "title": "",
    "text": "STI Bonus Amounts. 2019 bonuses calculated\n Determined salary STI target bonus percentage-rations changes salary.\n. Storey salary $1,800,011 STI target bonus 200%.\n. Dev $650,000 target bonus 120%.\n. Goff salary $600,018 target bonus 120%.\n. Trezise $475,010 to $500,011 target bonus percentage 80% to 90%.\n. Andrews $425,006 to $525,000 August 21, 2019 STI target bonus percentage 100%.\n Performance Results.\n performance objectives.\n Committee Pay Cash Shares. bonuses cash shares. Since 2000, paid bonuses cash diversify compensation mix conserve shares equity plans.\n. increased. Dev’s STI Target Bonus Percentage 125% no changes target bonus other NEOs.\n2019 STI Bonus Amounts\n Target Bonus Opportunity Company Performance % Discretionary Adjustment STI Bonus Amount\n Executives\n Jeffrey. Storey $3,600,022 $3,492,021\n Indraneel Dev 780,000\n Stacey. Goff 720,021 698,420\n Scott. Trezise 439,654\n Shaun. Andrews 461,442,359"
}
{
    "_id": "d1b3576b2",
    "title": "",
    "text": "Interest\n cash equivalents Company. 2019 2018 2017 $39 million $38 million $37 million senior unsecured convertible bonds 2014, $37 million $36 $33 million non discount liability. banking fees sale receivables.\n No borrowing cost 2019 2018 2017. Interest income government bonds floating rate notes $6 million 2019 $6 2018 $6 2017.\n Income 55 47 30\n Expense (54)\n Total 1"
}
{
    "_id": "d1b373e48",
    "title": "",
    "text": "financial information tables\n Revenues Corporate Other deferred purchase accounting adjustments GAAP\n Operating expenses equity-based compensation payroll taxes $51. 7 million $51. 4 million $19. 2 million years December 2019 2018 2017.\n Depreciation amortization incremental adjustments purchase accounting.\n Receivables related parties included.\n Transition integration costs legal professional fees.\n Year December 31, 2017\n Software Solutions Data Analytics Corporate Other\n Revenues $904. $151. $1,051.\n Expenses\n Operating expenses 388.\n Transition integration costs.\n EBITDA.\n Depreciation amortization.\n Operating income (loss 415.\n Interest expense.\n Other expense.\n Earnings before income taxes 192.\ntax.\n Net earnings $254.\n Balance\n assets $3,223. $3,655.\n Goodwill $2,134. $172. $2,306."
}
{
    "_id": "d1b335f80",
    "title": "",
    "text": "Receivable Allowances\n reflect losses sales returns. experience credit quality economic conditions.\n Activity\n Beginning balance $4,568 $6,890 $2,420\n Additions expenses 5,210 1,980 4,190\n Accruals 37 4,390\n Deductions reserves (1,088) (4,339\n Ending balance $8,690 $4,568 $6,890"
}
{
    "_id": "d1b3a0556",
    "title": "",
    "text": "earnings net income shares. Diluted earnings dilutive effect restricted stock awards options plan. diluted earnings\n shares relate anti stock awards stock options contingently issuable shares PSO PSU agreements. dilutive. Note 13 prices unexercised stock options.\n Ended May 31,\n Net income $11,083 $3,587 $9,452\n Weighted shares 3,634 4\n Dilutive effect stock plans\n Dilutive 3,732 4\n Basic earnings per share $3. 05.\n Diluted earnings $2.\n anti-dilutive restricted stock awards stock options excluded calculation"
}
{
    "_id": "d1b32fe8c",
    "title": "",
    "text": "PSUs RSUs restricted stock\n 2015 Plan PSUs employees officers.\n market-based PSU program shares common stock earned market condition ADTRAN’s shareholder return Telecommunications Index three-year. earn 0% to 150% shares PSUs shares distributed vesting. fair value based market price common stock adjusted Monte Carlo Simulation. granted PSUs vests shares deliverable death disability change control ADTRAN. recipients receive dividend credits. credits vest paid cash issuance stock.\n 2017 Compensation Committee approved one-time PSU grant. 5 million shares three-year. fair value equal closing price stock grant. forfeited 2020 performance conditions not achieved.\n fair value RSUs restricted stock equal closing price grant date. vest four one-year periods.\nassumptions stock compensation. data assumptions impact fair value.\n PSUs RSUs stock December 2018 2019 changes\n Unvested PSUs RSUs December 31, 2018 1,570 $18. 52\n granted 897 $9. 63\n vested (368) $17. 23\n forfeited (208) $18. 24\n Unvested December 31, 2019 1,891 $14. 58"
}
{
    "_id": "d1b37e8de",
    "title": "",
    "text": "Restricted Cash\n cash equivalents restricted cash balance sheets January 31, 2020 February 1, 2019\n benefits installment payments acquisitions future employment conditions.\n January 2020 February 1, 2019\n Cash equivalents $2,915 $3,532\n Restricted cash 83\n Total cash equivalents $3,031 $3,596"
}
{
    "_id": "d1b36065e",
    "title": "",
    "text": "Earnings Per Share\n computed net earnings average shares. Diluted EPS computed average dilutive shares. shares include RSUs.\n reconciliation basic diluted EPS\n 2019 2018 2017 42,000 17,000 40,000 RSUs not included diluted-dilutive. December 2019 shares convertible senior notes warrants not included diluted EPS-dilutive.\n 2018\n Netearnings $159,407 $163,677 $90,683\n Weighted-average shares EPS 35,538,586 35,741\n Dilutive shares\n RSUs tax effect 421\n-average shares diluted EPS 35,959 36,009,207\n Net earnings per share\n $4. $2.\n Diluted $4."
}
{
    "_id": "d1b35b668",
    "title": "",
    "text": "Value Added Statements\n FY 2018 gain NetLink Trust S$2. billion.\n Value\n Operating revenue 17,372\n Purchases services\n 7,552\n Other income\n Interest investment income\n-tax 1,563\n Exceptional items\n 4\n value 11,555\n employees wages salaries benefits 2,597\n government income taxes\n providers capital\n Interest borrowings\n Dividends shareholders 2,857 3,346\n 6,522 7,199\n Depreciation amortisation 2,222\n profits\n Non-controlling interests\n 2,437 4\n 11\n employees 24,071"
}
{
    "_id": "d1a7227c0",
    "title": "",
    "text": "CHARGES\n restructuring initiatives acquisition-related.\n Ended June 30\n 2019 Restructuring Plan $28,318\n 2018 Plan 515 10,154\n 2017 Plan 7,207 33,827\n (620) 279\n Acquisition-related costs 4,805 15,938\n Other charges 983 6,766 14,193\n $35,719 $29,211 $63,618"
}
{
    "_id": "d1b33e824",
    "title": "",
    "text": "table common stock repurchases quarter December 31, 2019. repurchases\n open market.\n repurchased 1,640,055 shares average price per share $70. 65. January 2020 Board authorized repurchase $50 million common stock.\n Shares Purchased Average Price Paid Share Maximum Shares\n October 1 - 31, 2019 13,425 $78. $48,950,059\n November 1 30, 2019 245,454.\n December 1 31, 185,973. 15,008,242\n 444,852"
}
{
    "_id": "d1b358990",
    "title": "",
    "text": "Trade payables liabilities\n obligation repurchase Trust 9% interest MLSE option. obligation repurchase gain loss recorded income statements.\n YEAR ENDED DECEMBER 31\n Trade payables accruals 2,604 2,535\n Compensation\n Maple Leaf Sports Entertainment. liability\n Taxes 101\n Derivative liabilities\n Severance costs\n CRTC benefits obligation\n deferral account obligation\n liabilities 367 343\n trade payables liabilities 3,954"
}
{
    "_id": "d1b380b8e",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n. STOCK-BASED COMPENSATION\n Company maintains equity incentive plans stock awards directors officers employees. 2007 Equity Incentive Plan non-qualified incentive stock options restricted stock units awards. prices not less fair value common stock grant. awards vest four years RSUs stock options three years PSUs. Stock options expire 10 years grant. December 31, 2019 awards 7. million shares common stock 2007 Plan. employee stock purchase plan employees 15% discount closing market value. periods June 1 November 30 December 1 May 31.\n 2019 2017 stock-based compensation expenses\n Property.\n Services.\n SG.\n $111.$137. $108.\n compensation property $1. $2."
}
{
    "_id": "d1b2fd234",
    "title": "",
    "text": "Segments\n Company’s reporting structure two segments Corporate category Food Care Product Care.\n reportable under FASB ASC Topic 280. aligned with similar products. Corporate includes costs not. evaluates performance results. performance metric Adjusted EBITDA. allocates expense usage resources headcount software licenses net trade sales.\n allocate disclose depreciation amortization expense not included in Adjusted EBITDA. restructuring charges impairment goodwill intangible assets. not included EBITDA. accounting policies segments same Consolidated Financial Statements.\n tables show Net Sales Adjusted EBITDA by segment\n Year Ended December 31,\n millions 2019 2018 2017\n Net Sales\n Food Care $ 2,880. $ 2,908. $ 2,815.\n% Company sales 60. 1% 61. 4% 63.\n 1,910. 1,824. 1,646.\n 39. 38. 6% 36.\n Sales $ 4,791. 4,461. 6\n December\n EBITDA\n 629. 577.\n 21. 8% 19.\n 349. 318. 292.\n 18. 3% 17. 5%. 7%\n. (6\n EBITDA operations $ 964. 889. 833.\n 20. 18. 8%."
}
{
    "_id": "d1b3bcdc8",
    "title": "",
    "text": "restaurant leases fixed rental cost-living adjustments real estate taxes insurance expenses. 14% leases contingent rental payments 1% 15% sales. leases market rates. leases to 49 years. to 56 years.\n September 29, 2019 leases\n offices San Diego California 150,000 square feet. own square foot Innovation Center four acres undeveloped land adjacent. plan sell offices consolidate headquarters Center.\n Leases\n 2020 – 2024 381\n 2025 – 2029\n 2030 – 2034"
}
{
    "_id": "d1b31e6b4",
    "title": "",
    "text": "financial information equity investments to 52%-owned\n results TIL November 2017. Altera deconsolidation September 25 2017 sale Teekay May 8 2019.\n December 2019 equity loss $14. 5 million $61. 1 million $37. 3 million.\n write-down sale Teekay Altera loss Bahrain LNG Joint Venture offset income Yamal LNG RasGas III MALT Pan Union Angola.\n equity loss $12. 9 million unrealized losses interest rate swaps $17. 6 million 2017 $7. 7 million.\n 379,085 568,843\n Other assets 148,663 412,388\n Vessels equipment 3,123,377,077\n financing leases 4,469,861,927\n 169,925 1,957,271\ndebt 563,776 1,106,812\n 189,165 563,862\n 5,156,307 6,882,426\n non 243,301,311"
}
{
    "_id": "d1a725f60",
    "title": "",
    "text": ". liabilities\n accruals $23,695 $24,020\n Deferred 4,316\n Payroll benefits 7,695\n 4,212\n Interest 10,624 11,000\n $51,301 $51,431"
}
{
    "_id": "d1a72740a",
    "title": "",
    "text": "NOTE 2. FAIR VALUE FINANCIAL INSTRUMENTS\n cash equivalents amounts receivable short-term borrowings values approximate carrying value.\n estimates fair value fair value accounting guidance. priority quoted prices markets observable inputs. three levels 1: 2: Level 3: inputs unobservable\n Fair value financial assets cash equivalents financial liabilities\n long-lived assets sale carrying value $4,575 written down to fair value $1,300 impairment $3,275 included earnings fiscal year June 30 2017. sell assets. second quarter fiscal 2020.\n Estimated Fair Value Measurements\n Recurring Total Fair Value\n June 30, 2019\n Financial Assets\n Money market funds $81,945\n June 30, 2018\nFinancial Assets\n Money market funds $14,918\n Non-Recurring Value Measurements\n June 30 2019\n Long-lived assets $1,300\n June 30 2018\n-lived assets"
}
{
    "_id": "d1b3662d4",
    "title": "",
    "text": ". Income Taxes\n VMware’s tax\n Ended\n January 31, 2020 February 1, 2019 2 2018\n Federal\n $78 $181 $688\n Deferred 275\n 963\n State\n Deferred\n Foreign\n 137\n Deferred (5,018\n (4,778) 129 160\n Total income tax $(4,918) $239 $1,152"
}
{
    "_id": "d1b352b12",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. FINANCIAL STATEMENTS. dollars\n vessels barges pushboats\n future minimum revenue dry bulk vessels logistics business\n Revenues charters vessel off-hire maintenance.\n Dry bulk vessels Logistics\n 2020 22,266 129,437\n 2021 97,544\n 2022 75,425\n 2023 69,250\n 2024 60,200\n 2025 642,479\n revenue commissions $30,318 $1,074,335"
}
{
    "_id": "d1b35de90",
    "title": "",
    "text": "Contract Balances\n table assets liabilities contracts.\n assets revenue control transferred invoicing delayed obligations terms. current assets prepaid expenses consolidated balance sheet non-current assets. liabilities relate consideration delivery goods services. balances net period.\n Company analyzes contract language financing transaction price time value.\n fiscal years 2019 2018 2017 recognized revenue $265,946 $269,593 $264,517 deferred revenue balance.\n Revenue obligations immaterial. adjustments transaction price adjustments re-allocations estimates variable consideration.\n 2019 2018\n Receivables net $310,080 $297,271\n Contract Assets Current 21,446 14,063\n Non-current 50,640 35,630\n 339,752 328,931\n Non-current 54,554 40,984"
}
{
    "_id": "d1b2ecdee",
    "title": "",
    "text": "\n sales cycle quotation to shipment Front-end equipment takes months capacity urgency. acceptance four months after shipment. longer installed site. trial period six months to two years after installation.\n revenues Asia United States Europe. geographic distribution revenue 2018 2019\n million 175. 21. 339. 26\n Europe 165. 126.\n 476. 58 818.\n. 1,283."
}
{
    "_id": "d1b3a9a7a",
    "title": "",
    "text": "cash activities. income non-cash working capital. 2019 $1,869 million increasing $1,845 million capital income.\n. $1,172 million decreasing $1,212 million. Payments purchase $1,174 million $1,262 million. proceeds matured securities $200 million cash outflow $127 million acquisition Norstel.\n financing. $343 million $122 million 2018. $281 million long-term debt $144 million-term debt repayment $250 million repurchase common stock $214 million dividends.\n cash $1,869 $1,845,677\n investing (1,172 (1,212)\n financing activities (343) (122)\n exchange rates\n cash increase $341 $507"
}
{
    "_id": "d1b358008",
    "title": "",
    "text": "Figure. 2019/2021 LTIP Award Grants\n Market-based PRSUs. final shares 0% to 150%.\n. Anstice 2019 LTIP terminated employment December 5 2018.\n Board consulted vesting schedule. award. granted. $5,000,000 equity award 50% service RSUs 50% stock options four-year vesting schedule. No adjustment salary opportunities. 2019.\n. role special equity award November 30, 2018. consulted vesting. granted. one-time service-based stock $8,000,000 four-year vesting schedule.\n Executive Officer Market-based PRSUs Stock Options Service RSUs\n Timothy. Archer 7,200,000 33,988 12\n Douglas. Bettinger 2,700,000 7,966 12\n Richard. Gottscho 2,250,000 6,638 10,620\n Patrick.1,800,000 5,310 8,496 3\n 1,575,000 4,647\n Varadarajan 4,647"
}
{
    "_id": "d1b34a48a",
    "title": "",
    "text": "Security Ownership Management\n Amounts column include shares partnerships trusts.\n less than 1%\n restricted stock units stock options\n added shares common stock percentage calculation.\n Includes 577,462 shares. Richard Leeds 1,000,000 Leeds 2020 GRAT\n 2019 GRAT 1,263,265 2018 GRAT. includes 1,838,583\n shares. general partner 100 shares\n 235,850 shares.\n 7,981,756 shares trusts children.\n 519,800 shares. interest\n 10,000 shares trusts family members.\n Includes 1,007,661 shares. Leeds 1,000,000 Leeds 2020 GRAT\n 2019 GRAT 581,633 2018 GRAT. includes 1,838,583 shares\n. general partner 100\n 7,728,313 shares trusts brothers’ children.Bruce Leeds co-trustee\n 519,800 shares. indirect interest 10,000 shares\n trusts family members. Leeds co-trustee.\n 16,429 shares. 1,000,000 2020 1,500,000\n 2019 741,817 2018 GRAT. 1,838,583 shares\n. partner 100 shares\n 7,397,263 shares trusts children.\n 519,800.\n 1,000 shares. Reinhold spouse. disclaims ownership.\n Owner Stock Restricted Stock Units Vesting 60 days Stock Options Percent Common Stock\n Richard Leeds 14,526,816 38%\n Bruce Leeds 13,686,090 36%\n Leeds 13,013,992 34%\n Barry Litwin\n Robert. Rosenthal 69,401\n Chad. Lindbloom 1,259\n. Pearlman\n Lawrence Reinhold\n Thomas Clark 18,233 53,737\n Robert Dooley 70,264 45\n Eric Lerner\n Manoj Shetty 51,063\n directors officers 25,181,435 196,496"
}
{
    "_id": "d1b305c90",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n receivables assets liabilities tenants\n Prior-period amounts adjusted new lease accounting guidance.\n Excludes $56. 7 million $55. million capital contributions DAS networks December 31, 2019 2018.\n Excludes $300. 2 million $313. 6 million capital contributions December 31,.\n Company records unearned revenue payments tenants obligations.-term revenue non-current liabilities. 31, 2019 recognized $62. 2 million revenue Unearned balance. recognized $44. 4 million Unearned balance. revenues $59. 2 million $55. 4 million contributions DAS networks. $0. 4 million revenue recognized non liabilities. $59. 2 million $55. 4 million. million non-current liabilities.\n. million\n. liabilities\n.\n\n Accounts receivable $80. $92\n Prepaids.\n Notes-current 21. 22.\n Unearned revenue.\n non-current liabilities 79. 54."
}
{
    "_id": "d1b34baf6",
    "title": "",
    "text": "2016 Bargaining Negotiations\n adopted changes defined bargaining agreements June 2016. increase Accumulated income $2. 9 billion $1. 8 billion.\n reclassified benefit cost average service period 12. 2 years 7. 8 years.\n reclassification net benefit cost pre-tax income $658 million 2019 2018 2017. accumulated obligation\n December 31,\n Projected benefit obligation $ 21,190 $ 19,510\n Accumulated obligation 21,134 19,461\n assets 19,388 17,757"
}
{
    "_id": "d1b3a487c",
    "title": "",
    "text": "Due Related Parties Net\n Amounts\n Includes immaterial amount current lease liabilities January 31, 2020.\n immaterial amount non-current liabilities. included consolidated balance sheet January 31, 2020.\n excluding DFS tax current. settled cash 60 days quarter-end.\n January 31, 2020 February 1, 2019\n Due related parties $1,618 $1,248\n Due\n $1,457 $1,090"
}
{
    "_id": "d1b3719ae",
    "title": "",
    "text": "ADVANCED INDUSTRIES. FINANCIAL STATEMENTS share\n established allowance doubtful accounts credit risk trends.\n Accounts Receivable Allowance Doubtful recorded net realizable value. credit approval process judgments. obligations. monitor credit worthiness provision credit losses collection issues. losses expectations no rates. quarter increased allowance doubtful accounts $4. 2 million exposure China economic funding delays uncertainty Coronavirus. liquidity financial position collectability results.\n Changes allowance doubtful accounts\n Years Ended December 31,\n Balances $1,856 $1,748\n Additions acquisition 1,884\n Additions charged expense 4,207\n Deductions write-offs recoveries\n Balances end period $7,745 $1,856"
}
{
    "_id": "d1b364ee8",
    "title": "",
    "text": "December 31, 2019\n Revenue license agreements patent licensing enforcement program. revenue decrease due timing. Enforcement 2013.\n legal fees licensing. decreased.\n Operating expenses sales marketing general administrative research development. legal fees employee headcount expenses. 60%. Litigation expenses increased $3. million to $19. 4 million 2019 due timing actions. Employee headcount expenses decreased $2. million $3. 6 million lower incentive bonuses.\n Research development expense flat.\n decreased 2019 warrant liability $0. 7 million sale investment JVP offset $0. 3 million net interest income.\n Income tax provision state tax expense intangible tax benefit.\n December\n 2019\n Revenues $13.\n Cost revenues.(13.%\n profit 11. 67.%\n 86 % 81\n Operating expenses\n Selling 31. 32.%\n Research development 2. (5)%\n operating expenses 33. 34.\n. (4. 3.%\n Income (loss taxes (22. 28. (179)%\n tax (6. 8. (14. (178)%\n income (loss. $20. (180)"
}
{
    "_id": "d1b3c230e",
    "title": "",
    "text": "Impairment Goodwill\n $1. 9 million fourth quarter 2019 balance zero. $14. 7 million third quarter 2018. Note 2 Note 6.\n Ended December 31,\n 2018\n Impairment goodwill $1,910 $14,740,830) (87%\n Percent revenues 4% 26%"
}
{
    "_id": "d1b347398",
    "title": "",
    "text": ". Balance Sheet\n Accounts\n changes\n 2019 2018\n beginning balance $319 $983\n Increase provision (72)\n Write-offs (195) (638)\n ending balance $52 $319"
}
{
    "_id": "d1b33c5ce",
    "title": "",
    "text": "underlying earnings per share\n calculated profit equity exchange rates excluding translational hedges price growth 26% per year hyperinflationary economies divided by diluted average share units. reflects earnings share unit exchange rates.\n reconciliation profit\n Restated IFRS 16. note 1 24.\n.\n pages 28 29 details.\n profit equity 6,688\n Impact translation exchange rates translational hedges\n price growth 26% per hyperinflationary economies\n underlying earnings 6,593\n average share units 2,626.\n Constant underlying EPS."
}
{
    "_id": "d1b3a06aa",
    "title": "",
    "text": "\n 28 January 2019 Vodafone irrevocable share buy-back programme. reduce issued share capital avoid change second tranche mandatory convertible bond February 2019.\n 799. million shares reissued 25 February 2019 conversion price £1. 8021. 1730) adjusted pound dividends August 2016 February 2019.\n buyback programme started February 2019 complete 20 May 2019. Details shares purchased.\n Number Average price share Total Maximum\n February 2019 14,529. 784,539\n March 2019 305,099. 319,628 479,440\n April 2019 290,570. 610,198 188\n May 2019 116,228. 726,426 72\n."
}
{
    "_id": "d1b328920",
    "title": "",
    "text": "long-term return assumption earnings funds invested benefits obligations. determined factors market index returns-term asset allocation return data expenses potential returns.\n investment policies strategies assets. maintain return risk preserve benefit security.\n direct operations selection services investment management organizations. investment discretion assets. provide investment guidelines asset class.\n Years Ended September 30\n-average assumptions benefit obligation September 30\n Discount rate 2. 5%. 6%. 3%\n compensation increase. 1%.\n benefit cost years September 30\n Discount. 6%. 3%.\n Expected return assets 5. 7% 6. 8%.\n compensation increase. 3%."
}
{
    "_id": "d1b399b34",
    "title": "",
    "text": "segment-level summary goodwill allocation.\n recoverable intangible assets assessed value-in-use calculations. discounted cash flow methodology four year period terminal value.\n flow forecasts\n post-tax recent financial projections five years. estimates.\n Revenue growth\n four-year plan. 8. 8% to 12. 1% Systems Americas 8. 8% EMEA 12. 1% Parts Analytics Search 11. 8%). Sensitivity testing decline carrying value recoverable.\n Terminal value\n perpetual growth model growth factor. 2. 0%.\n Discount rates\n WACC premium market risks. 8. 1% 6%.\n carrying value exceed recoverable.\n Accounting policy intangible assets\n Goodwill acquisition. amortised tested annually impairment carried cost less impairment losses.losses goodwill profit not reversed.\n Intellectual property\n costs deferred amortised benefit 5 to 10 years.\n Customer relationships\n amortised 10 to 15 years.\n Software intangibles\n development internal software amortised 2 to 5 years.\n Accounting policy intangible assets\n Consolidated\n US$000\n Goodwill\n Board & Systems - Americas 10,672 8\n EMEA 5,383\n Parts Analytics Search 13,444\n Total 29,499"
}
{
    "_id": "d1b31e7a4",
    "title": "",
    "text": "Disaggregated Revenue\n disaggregated categories. disaggregation based contract type.\n disaggregation.\n table shipping revenues disaggregated charter December 31, 2019\n Voyage charter revenues $10,152 $7,600 short-term contracts 2019.\n bareboat charter revenues $263,683 $213,923\n Voyage charter 33,275 83,542\n affreightment revenues 58,589 68,698\n Total shipping revenues $355,547 $366,163"
}
{
    "_id": "d1b35e44e",
    "title": "",
    "text": "Balance Sheet Adjustment January 1 2018\n method ASC 606 amounts Balance Sheet adjusted cumulative adjustment\n December 31, 2017 Adjustments ASC January 1 2018\n receivables $201. $195.\n Prepaid expenses assets 44.\n Receivables 18.\n software 416. 418.\n Deferred contract costs 136. 13 149.\n non-current assets 104.\n 3,655. 3,676.\n Deferred revenues 59. 57.\n revenues 100.\n Deferred income taxes 224.\n liabilities 1,947. 1,956.\n earnings 201.\n 1,708. 1,720.\n liabilities 3,655. 3,676."
}
{
    "_id": "d1b31111c",
    "title": "",
    "text": ". REMUNERATION DIRECTORS MANAGERIAL PERSONNEL\n. Managing Director Whole-time Directors\n Remuneration\n Rajesh Gopinathan Executive Officer Ganapathy Subramaniam Operating Officer\n salary\n Section 17(1) Income-tax Act 1961 115. 109. 224.\n 17(2) Income-tax Act 1961 126.\n Profits salary Section 17(3) Income-tax Act 1961\n.\n.\n. 1,300. 900. 2,200.\n profit.\n. 199.\n 1,602. 1,161. 2,763.\n 10% profits Section 198 Companies Act 2013) 404,348."
}
{
    "_id": "d1b365708",
    "title": "",
    "text": "Ernst & Young LLP\n 2018 2019\n Audit Fees financial statements audits subsidiary companies reviews SEC Forms 10-Q 8-K.\n Audit-Related Fees\n sell-side due diligence.\n Tax Fees compliance consulting.\n Other Fees accounting services.\n 2018 2019\n Audit Fees 5,859,755 5,024,093\n Audit-Related Fees 137,420 3,178,737\n Tax 1,440,168 2,346,879\n All Other Fees 11,200\n 7,448,544 10,560,664"
}
{
    "_id": "d1b300c2c",
    "title": "",
    "text": "INCOME TAX EXPENSE\n difference.\n effective tax rate 25. 8% 26. 9% 2018. 2019 lower reduction Alberta corporate income tax rate.\n Cash taxes increased timing installment payments.\n Statutory tax rate 26. 7%.\n before expense 2,755\n Computed 736\n Increase\n Non-deductible stock-based compensation\n equity losses\n tax adjustment legislative tax change\n Non-taxable capital gains\n Total tax expense 712\n Effective tax rate 25. 8% 26. 9%\n Cash taxes"
}
{
    "_id": "d1b3b553c",
    "title": "",
    "text": "strategic alternatives 2019 plan reduce administrative costs. 2018 Qdoba brand Sale. Note 10 Discontinued Operations Sale.\n summary costs\n Strategic Alternative Evaluation third party advisory services.\n Qdoba Evaluation consulting services retention compensation.\n Employee severance costs $7,169 $7,845 $724\n Strategic Alternatives Evaluation 1,286\n Qdoba Evaluation (2) 2,211 2,592\n $8,455 $10,647 $3,631"
}
{
    "_id": "d1a72dc10",
    "title": "",
    "text": "Computer Equipment Software Furniture Leasehold Improvements\n depreciated lives three to five years. Leasehold improvements amortized. Depreciation expense $59. million 2019 $67. 6 million 2018 $73. 1 million 2017\n leasehold accumulated depreciation January 31\n Costs software capitalized development expensed preliminary post-implementation. amortized life three years.\n Computer hardware $190. $217.\n 66.\n Leasehold improvements land buildings 247.\n Furniture equipment 67.\n 571. 582.\n Accumulated depreciation (422.\n $149. $145."
}
{
    "_id": "d1b33472a",
    "title": "",
    "text": ". Share-Based Compensation\n March 31, 2019 Company four plans employee share purchase plan. November 2015, granted awards three plans Mimecast Limited 2007 Employee Share Option Plan 2010 Approved Plan.\n Mimecast Limited 2015 Share Option Incentive Plan 2015 Employee Share Purchase Plan effective. 2015 Plan no further grants Historical Plans.\n 2015 Plan allows equity-based incentive awards officers employees non directors consultants. 5. million shares reserved. subject adjustment share split dividend capitalization.\n each January 1st 5% December 31.\n share option price not less fair market value grant term not exceed 10 years. vest over 4 years vary.\n settles share option exercises through newly issued shares.Company’s ordinary shares forfeited canceled withheld added to 2015 Plan.\n 1. million shares reserved for future issuance under ESPP. change share split dividend capitalization. ESPP terminated amended.\n ESPP permits employees purchase shares payroll deductions 1% to 10% compensation offering period six months. deductions purchase shares last day equal 85% fair market value.\n Share-based compensation expense under 2015 Plan Historical Plans ESPP\n approved modifications share option agreements acceleration vesting removal restrictions additional compensation expense. total modification expense 2019 2017 $3. 2 million $0. 5 million $3. million.\n revenue $1,684 $1,053\n Research development 6,199 2,555\n Sales marketing 7,856 4,477\n10,215 3,649\n $25,954 $11,734"
}
{
    "_id": "d1b34e29c",
    "title": "",
    "text": "Property Equipment\n Depreciation leases $182. $165. 2 million $152. 3 million.\n 30 2019 24\n Manufacturing $1,039,454 $911,140\n Building,061\n 190,974\n Office 82,115\n 2,022,759 1,736,156\n depreciation amortization (963,682\n $1,059,077 $902,547"
}
{
    "_id": "d1b32b440",
    "title": "",
    "text": ". Intangible Assets Goodwill\n March 31, 2019\n Gross Amount Accumulated Amortization\n $7,413. $(1,112. $6,300.\n 917. (544 373.\n research 7.\n Distribution.\n 7. 4.\n $8,345. $(1,659. $6,685."
}
{
    "_id": "d1b3029aa",
    "title": "",
    "text": "FY19 EAIP Payout Results\n excludes stock compensation amortization assets restructuring separation transition contract liabilities value adjustment acquisition costs litigation settlement gains.\n.\n Weighted Average Company Performance Funding\n Performance Target Threshold\n Non-GAAP Operating Income 1,630 1,428.\n Non-GAAP Revenue 4,943 4,760.\n FY19 Funding."
}
{
    "_id": "d1b3bb36a",
    "title": "",
    "text": "party transactions\n Balances between Group Peel 31 2019 2018\n acquisition Trafford Centre Peel 2011, Section 106 planning liabilities Barton Square 31 December 2019 £13. 0 million (2018 £12. 4 million.\n investment finance leases three advertising services agreements Peel Advertising Limited. minimum fixed payments finance lease.\n shareholders approved sale Peel 30. 96 acre site King George V docks £6. 1 million.\n Group sold subsidiary £8. 6 million. cash £4. 3 million retained interest. cash flow net inflow £4. 0 million cash less £0. 3 million.\n Net investment finance lease.\n owed.\n."
}
{
    "_id": "d1b31e8d0",
    "title": "",
    "text": "DEVELOPMENT DOMESTIC REGIONS GERMANY\n Year-on-year change %\n GDP growth corrected purchasing power. Oxford Economics\n previous figures deviate Annual Report 2017/18 corrections data provider.\n.\n 20192.\n.\n Western Europe.\n.\n Eastern Europe.\n."
}
{
    "_id": "d1b3ad8aa",
    "title": "",
    "text": "Stock option right activity Company plans years 2019\n total intrinsic value options SARs 2019 2018 2017 $8. 3 million $7. 4 million $9. 6 million. difference fair market common stock price equity award.\n aggregate value options SARs March 31, 2019 $14. 9 million. $14. million. closing price common stock $82. per share March 29, 2019.\n 2018 option SAR shares exercisable 278,591 224,022 average exercise price per share $30. $29. 96.\n no stock options granted March 2019 2018 2017\n Price Share\n March 31, 2016.\n.\n.\n 2017.\n.\n.\n 2018 284.\n.\n.\n.\n March 31, 2019."
}
{
    "_id": "d1b3813b8",
    "title": "",
    "text": "Restricted Stock 2019 2018 Company granted. 321. 410 shares stock employee participants plans. 1 4 years. recorded $72. $109. $63. compensation expense 2019 2018 2017. 2018 $29. accelerated vesting former executive chairman. nonvested activity\n December 31, 2019 $77. unrecognized compensation expense. recognized 1. 8 years. paid-in capital stockholder’s equity December 31,.\n Employee Stock Purchase 2019 2017 purchased. 021. 020. 020 shares Roper’s common stock $6. $5. $4. 2 purchased Roper’s treasury.\n Weighted-average grant\n Nonvested December 31, 2017.\n.\n.\n.\n Nonvested December 31, 2018.\n.\nVested. 290.\n Forfeited.\n Nonvested 2019. 275."
}
{
    "_id": "d1b330f9e",
    "title": "",
    "text": "non-current assets\n adjusted IFRS 15. Note 2.\n June 30 certificates deposit time deposits $3. 7 million $3. 7 million long-term included security deposits. $7. 1 million $6. 6 million restricted cash standby letters credit facility leases not operations.\n.\n Marketable equity securities $58,932\n Non-marketable equity securities\n Security deposits 5,010\n $76,645"
}
{
    "_id": "d1a71e1e8",
    "title": "",
    "text": "Cash\n Activities 2019 working capital adjustments $2. 43 billion decrease receivables lower net sales $1. 53 billion increase inventory higher inventories.\n 2018 adjustments $1. 73 billion increase higher net sales.\n 2017 $1. 65 billion increase receivables higher net sales $361 million intercompany balances Inotera Acquisition $456 million increase accounts payable accrued expenses.\n Investing Activities 2019 $9. 03 billion property equipment $1. 17 billion outflows sales purchases.\n 2018 $7. 99 billion offset $164 million inflows sales purchases.\n 2017 $4. 73 billion $2. 63 billion Inotera Acquisition $361 million payments $269 million outflows sales maturities purchases.\n Financing Activities 2019.67 million shares treasury stock $10 billion repurchase cash debt $1. 65 billion conversions $728 million 2022 Term Loan $316 million IMFT debt repayments $643 million leases. offset $3. 53 billion 2024 2030.\n 2018 $9. 42 billion $774 million leases. offset $1. 36 billion 34 million shares common stock $41. share $1. 01 billion IMFT debt.\n 2017 $2. 48 billion 2021 MSTW Loan $795 million MSAC Term Loan $1. 63 billion repurchase notes $381 million capital lease $550 million $519 million equipment contracts.\n. Financial Statements.\n operating $13,189 $17,400 $8,153\n investing (10,085)\ncash financing (2,438) (7,776)\n currency exchange rates 26 (37)\n increase $692 $1,371 $953"
}
{
    "_id": "d1a72b258",
    "title": "",
    "text": "Impairment test goodwill\n allocated cash-generating unit smallest cash. recoverable amount determined value-use calculations cash flow projections three-year plan. carrying value sum goodwill property plant equipment intangibles\n 2018\n 327. 342.\n.\n 334. 349."
}
{
    "_id": "d1a717c44",
    "title": "",
    "text": ". LOANS\n Plan B subsidiary loan Tri Counties Bank March 14 2014, $131. 95%. monthly payments $2 March 14 2019. pile driver equipment secured. paid December 31, 2019.\n Plan B Bank April 9 2014, $250. 95%. monthly payments $5 April 9 2019. racking inventory equipment. secured inventory equipment. paid December 31, 2019.\n January 5 2016, pile driver $182 5. 5%. monthly payments $4 January 15 2020. equipment. balance $4.\n September 8 2016, pile driver $174. 5%. monthly payments $4 September 15, 2020. secured equipment. outstanding balance December $36.\n November 14 2016, 0% interest loan excavator $59. monthly payments $1 November 13, 2020. equipment. balance $13.\nDecember 23, 2016, Company loan modular office systems $172 interest. 99%. 16 quarterly payments $12 September 2020. secured equipment. balance December 31, 2019 $35.\n loans\n March 14 2014\n April 9 2014\n 241\n 267\n Current position (88) (179)\n Long-term $88"
}
{
    "_id": "d1b38301e",
    "title": "",
    "text": "DEBT DERIVATIVES\n cross-currency interest rate agreements risks foreign exchange US dollar senior notes debentures lease liabilities credit facility borrowings CP borrowings. derivatives hedges foreign exchange risk. credit facility US CP borrowings not hedges.\n Converting fixed US$ coupon to weighted average Cdn$ fixed rate.\n Settlement 2019.\n April 2018 settled principal US$1. 4 billion. 8% senior notes due August 2018. Uses.\n Hedging effect\n date Principal amount Maturity date Coupon rate Fixed hedged$ interest rate\n 2019 issuances\n. 350%. 173%\n. 700%. 996%\n. 300%. 193%"
}
{
    "_id": "d1b3b65b8",
    "title": "",
    "text": "table working capital\n assets liabilities. decreased $0. 4 million to $12. 3 million December 31, 2019. million 2018. cash accounts receivable inventory accrued expenses lease liabilities.\n three four weeks finished goods inventory. accounts receivable 25 days.\n 2019 $9. 5 million cash $33. million credit facilities $2. million. 2018 $7. 5 million cash $30. million. May 2024.\n borrowed $72. 3 million $18. 5 million repaid. 2019 $54. 5 million debt. million. no debt 31, 2018.\n Twelve Months\n Cash equivalents 9,472\n Accounts receivable 18,581\n Inventories\n Prepaid expenses\n assets\n Accounts payable\n Accrued expenses\nliabilities,185\n Capital $12,338,741"
}
{
    "_id": "d1b384bc6",
    "title": "",
    "text": "net sales geographic location\n Revenues. TTI. exceeded 10% sales $184. 3 million $133. 5 million $104. 4 million 2019 2018 2017.\n No country 3% sales.\n 2017 adjusted ASC 606.\n United States $292,980 $233,133 $198,250\n Hong Kong 188,102 169,073\n Germany 124,805 105,548 104\n Europe 76,149 64,248\n China 173,148 163,016\n Taiwan,853\n Pacific 47,233 36,647\n Japan 178,502 170,282\n Kingdom,472 37,038\n Netherlands,065,684\n Malaysia\n Singapore\n Italy\n Mexico 44,267\n Countries\n Non-United States 1,089,838 967,048,088\n,200,181 $757,338"
}
{
    "_id": "d1b374aaa",
    "title": "",
    "text": "NOTE 7\n Lease payments not liability Group liability short-term low value assets. Payments expensed straight-line. expenses insignificant.\n outflow leases USD 2. 9m USD 2. 5m USD. 4m operating lease charge IAS 17.\n Financial expenses\n reporting periods\n 2019 2018\n Interest expenses\n expenses lease liabilities right-of-use assets 2.\n Other financial expenses 39. 37 38\n 41. 40"
}
{
    "_id": "d1b32d114",
    "title": "",
    "text": ". Earnings Share\n diluted earnings June 30 2019 2018 2017\n Years Ended 30\n Net income $167. $188. $47.\n earnings dividends participating securities.\n Earnings shareholders $165. $186. $46.\n average shares 47.\n earnings common share $3. $3.\n Net income $167. $188. $47.\n earnings dividends participating securities (1.\n Earnings shareholders diluted earnings share $165. $186. $46.\n average common shares 47.\n-based compensation.\n average common shares diluted 48.\n Diluted earnings common share $3."
}
{
    "_id": "d1b346826",
    "title": "",
    "text": "COMPENSATION DISCUSSION ANALYSIS\n. 2019 Compensation Program Components Pay table shows “protected change control salary bonus welfare benefits payable agreements policies\n change control arrangements rationale\n Termination\n Change Control. severance benefits junior\n officers managers.\n Protected Period Annual Cash Compensation Years Welfare Benefits\n CEO 2 years 3\n Executives. 5 years\n Officers 1 year"
}
{
    "_id": "d1b31c274",
    "title": "",
    "text": "Cash Equivalents Restricted Cash equivalents investments Level 1 fair value. Restricted cash invoices. restrictions lapse purchaser. Level 1.\n September 28, 2019 29, 2018 cash equivalents restricted cash\n Cash $85,688 $99,197\n Money funds 138,073 198,072\n Restricted cash 2,493\n equivalents 226,254,686"
}
{
    "_id": "d1b2f221c",
    "title": "",
    "text": "valuation allowance activity years September 30 2019 2018 2017\n Company completed Internal Revenue Code Section 382 analysis 2009 forwards utilizable not restricted. updated Section 382 analysis events analysis.\n financial statement benefit authority. recognized largest benefit 50 percent likelihood settlement. applies interpretation tax positions limitations open. no liability unrecognized tax benefits interest penalties September 2019 2018 2017.\n subject income taxes. federal state jurisdictions. regulations judgment. no longer subject. income tax examinations fiscal years 2004. subject. examinations since 2003 net operating loss carryforwards. September 30 2018 examined. Internal Revenue Service fiscal year 2016. no adjustments. changed fiscal year end 2007 March 31 to September 30.\n Tax Expense Reversal State NOL Expiration Utilization\n\n September 30 2019 $104,858,448,292),014\n 30 2018 159,154 79,377,673\n 2017 322,404,154"
}
{
    "_id": "d1b3492f6",
    "title": "",
    "text": ". Remuneration Managerial Personnel\n Corporate Governance Report.\n Remuneration Managerial Personnel\n Ramakrishnan Chief Financial Officer Rajendra Moholkar Company Secretary\n. Gross salary\n Section 17(1) Income Act 1961 72.\n Value perquisites 17(2) Income-tax Act 1961.\n Profits salary Section 17(3) Income-tax Act\n. Stock Option\n. Equity\n.\n % profit\n. 297. 117. 414.\n 413. 140."
}
{
    "_id": "d1b3ad3be",
    "title": "",
    "text": "options ended 30 June 2018:\n average value nil none issued.\n average share price $3. 57 (2018 $3. 90.\n average contractual life options 1. 68 years 2. 47 years.\n 1. 68 years. 47.\n Grant Date Exercise Date Expiry Date Price. Options. Exercised.\n 2 Jul 2012 2 2015 2017. 40,000\n 2 2013 2016 2018. 295,000\n 2014. 875,000 470,000\n 2015 2018. 1,000,000\n 22 Dec 2016 31 Aug 2019 22 2021. 1,323,730\n 3,533,730 2\n average exercise price $1. 15 $2."
}
{
    "_id": "d1b35626c",
    "title": "",
    "text": "Stock\n fiscal\n repurchase $350. $450. $400.\n Ended August\n stock\n balances 164,588,172 177,727,653 186,998,472\n Shares options 11,348 172,620\n employee stock 1,282,042 1,105,400\n Vesting restricted stock 1,983,261 2,727,229,102,049\n Purchases treasury stock (489,836 (793,052)\n shares (13,854,607 (16,209,890),223,708\n balances 153,520,380 164,588,172 177,727,653"
}
{
    "_id": "d1b30e78c",
    "title": "",
    "text": "Liquidity Capital Resources\n December 31, 2019 2018 cash equivalents $343. 6 million $566. 3 million. finance operations sales majority billed monthly. invoice advance. Revenue deferred advanced billings. finance from stock debt. operations liquidity satisfy cash requirements 12 months\n future capital requirements revenue growth costs growth expansions sales marketing research development expenses capital equipment-location data center. capital expenditures grow. evaluate capital needs raise additional capital growth balance sheet equity debt financing. additional equity debt financing. additional capital\n table cash flow information periods\n December 31,\n Net cash operating activities $64,846 $72,130 $41,165\n investing activities (296,780) (83,448) (26,387)\n financing activities 9,042 397,255 6,783\nexchange rate 169 (724)\n cash,723) 385,137 20,837"
}
{
    "_id": "d1b3b353e",
    "title": "",
    "text": "QUARTER\n BCE revenues grew. 6% Bell Wireless Media Wireline stable. higher service product revenues. 9%. 7%.\n BCE net earnings increased. 6% higher EBITDA lower expense severance costs. offset depreciation amortization finance costs. IFRS 16 earnings.\n EBITDA increased 4. 8% growth segments. EBITDA margin 39. 7% up. 2 pts IFRS 16.\n Bell Wireless revenues increased 3. 6% higher service product revenues. Service. 6% postpaid prepaid subscriber base rate increases. moderated premium handsets lower data overage. Product revenues grew 7. 4%.\n Bell Wireless EBITDA increased 7. 4% Q4 2019 revenues higher operating expenses. 4%.operating expenses product cost network costs bad debt expense. offset IFRS 16 2019. EBITDA margin 37. 9% increased. 4 pts IFRS 16 service revenue spending low-margin product sales.\n Bell Wireline revenues unchanged 2019 stable service revenue increased. 1% expansion Internet IPTV residential rate increases federal election business offset subscriber erosion acquisition retention discounts lower TV pay-per-view decline IP connectivity Internet. Product revenues stable declining. 6% $1 million.\n EBITDA. 5% lower operating costs. 1% IFRS 16 cost containment. EBITDA margin increased. 6 pts 43. 3% IFRS 16.\n Bell Media revenues increased 3.4% Q4 2019 increased subscriber revenues rate increases enhanced service BDU contract renewals. Advertising revenues declined lower TV radio specialty TV OOH.\n Bell Media EBITDA increased. 5% 2019 higher operating revenues stable expenses IFRS 16 programming content costs sports rights Crave content expansion.\n BCE capital expenditures $1,153 million 2019 increased $179 million capital intensity ratio 18. 3%. 7%. segments. Wireline capital spending $96 million higher roll-out WTTP rural Ontario Québec. Bell Wireless. $78 million wireless cells speeds coverage quality data fibre backhaul 5G. Bell Media capital investments increased $5 million digital platforms.\n BCE costs $28 million decreased $30 million lower acquisition costs.\ndepreciation $865 million 2019 increased $66 million IFRS 16.\n amortization $228 million $216 2018 higher asset base.\n interest expense $286 million $259 IFRS 16 higher debt.\n other expense $119 million decreased $39 million lower impairment charges Bell Media higher gains losses.\n income taxes $243 million decreased $1 million higher uncertain tax positions.\n net earnings $672 million. 74 per share higher $606 million. 2018. higher EBITDA lower expense severance acquisition costs. higher depreciation amortization finance costs. IFRS 16 earnings. earnings stable $794 million EPS decreased $0. 88.\n cash $2,091 million $1,788 million 2018.increase higher EBITDA IFRS 16 DB pension plan operating assets liabilities lower interest higher income taxes.\n BCE free cash flow Q4 2019 $894 million $1,022 million 2018. decrease higher capital expenditures cash pension contributions costs.\n REVENUES 2019 2018\n Bell Wireless 2,493. 6%\n 3,138\n Media.\n Inter-segment eliminations (194).\n operating revenues 6,316,215."
}
{
    "_id": "d1b33330c",
    "title": "",
    "text": "31 December 2019 Group RMB15,552 million RMB7,173 million 30 September. M&A consolidation Halti free cash.\n RMB15,552 million RMB7,173 million September. M&A consolidation Halti.\n fourth quarter free cash flow RMB37,896 million. RMB50,604 million offset capital expenditure RMB12,708 million.\n 31 December 30 September\n Cash equivalents 132,991 145,607\n Term deposits 72,270\n Borrowings (126,952)\n Notes payable (93,861)\n Net debt (15,552 (7,173\n stakes companies 419,818 352,656"
}
{
    "_id": "d1b39b79a",
    "title": "",
    "text": "Consolidated Financial Statements Fiscal Years Ended 26, 2019 2018 28, 2017. EARNINGS SHARE\n Basic average shares. Diluted earnings adjusted dilutive effect stock options restricted stock unit awards dilutive securities. 2019 issued 77. million shares stock former shareholders Pinnacle Merger Agreement. issued 16. million shares $5. 00 per share public offering Pinnacle acquisition net proceeds $555. 7 million.\n table reconciles amounts diluted earnings\n 2019 2018 2017. stock options excluded diluted shares antidilutive.\n income Conagra Brands. stockholders\n Income continuing operations. $680. $794. $544.\n discontinued operations.\n. $678. $808. $639.\nredemption noncontrolling interests earnings.\n income Conagra Brands. stockholders $678. $808. $638.\n shares\n 444. 403. 431.\n Dilutive effect stock options awards dilutive securities.\n 445. 407."
}
{
    "_id": "d1b3201e4",
    "title": "",
    "text": "net operating loss tax credit carry forwards subject annual limitation ownership percentage change limitations Internal Revenue Code 1986 state provisions. annual limitation expiration loss before utilization.\n subject to income taxes U. S. foreign jurisdictions. judgment tax positions provision taxes. tax determination uncertain. establishes reserves for tax uncertainties. adjusts reserves facts audits. provision income taxes includes impact reserve provisions changes. December 31, 2019 2018 $67. million $41. 2 million unrecognized tax benefits.\n total tax benefits $67. 0 million $31. 9 million effective tax rate if recognized. tax positions tax benefits 12. interest penalties as income tax expense. accrued $5. 2 million $3. 1 million interest penalties.\n jurisdictions examination include United States Ireland.Company believes amounts reserved jurisdictions. examination Internal Revenue 2015 2017. non. subject examinations 2014.\n 2018\n Balance $41,198 $29,938 $35,584\n Reductions tax positions (6,335)\n Additions\n 16,517 11,860 9,289\n Reductions tax settlements (8,603)\n Reductions expiration statutes limitation\n Balance end year $67,025 $41,198 $29,938"
}
{
    "_id": "d1b35b096",
    "title": "",
    "text": "Services decreased $204 million 1. 9% 2019 2018 due lower access costs voice employee-related costs Voluntary Separation Program offset regulatory fees.\n Wireless Equipment increased $173 million 3. 8% driven higher priced units.\n Selling Administrative Expense increased $499 million 6. 5% advertising sales commission expense offset employee costs Voluntary Separation Program. lower net deferral costs Topic 606 modified retrospective approach.\n Depreciation Amortization Expense decreased $153 million 3. 6% Verizon depreciable assets usage.\n.\n Cost services $10,655 $10,859.\n wireless equipment 4,733 4,560.\n administrative expense 8,188.\n Depreciation amortization expense 4,105 4,258.\nExpenses 27,681 315."
}
{
    "_id": "d1b37a7a2",
    "title": "",
    "text": ". EMPLOYEE BENEFIT PLANS.\n assets allocated\n valued December 31.\n Statement Investment Policies Procedures. reviewed Management Pension Fund Investment Committee Audit Committee.\n Equity securities\n 22. 3% 20. 8%\n 19.\n 14. 18.\n Fixed income instruments\n 41. 2% 45. 7%\n Cash equivalents\n. 6%."
}
{
    "_id": "d1b2ec812",
    "title": "",
    "text": "Operating Metrics Non-GAAP Financial Measures\n collect analyze operating financial data business allocate\n resources assess performance. loss table operating metrics non-GAAP financial measures. comparisons performance payment processors. effect agreement Starbucks transitioned 2016. transactions Starbucks Starbucks activity impact financial results. agreements provide right terminate without fine\n penalty.\n Gross Payment Volume (GPV)\n total card payments net refunds. includes Cash App activity-to-peer payments Cash Business. excludes payments Starbucks\n Adjusted Revenue\n non-GAAP financial measure total net revenue less transaction costs bitcoin costs impact acquired deferred revenue adjustment. effect activity Starbucks ceased using payments solutions 2016, Adjusted Revenue metrics impact agreement Starbucks useful investors.\n Ended December 31,\n2015 2014\n GPV\n Payment Volume $84,654 $65,343 $49,683 $35,643 $23\n Adjusted Revenue $1,587,641 $983,963 $686,618 $452,168 $276,310\n EBITDA $256,523 $139,009 $44,887,115 $(67,741)\n Net Income Share\n.\n."
}
{
    "_id": "d1b3bcea4",
    "title": "",
    "text": "\n costs plans\n long-term rate return 3. 3%. based interest rates insurance contracts return category. assumptions customary rates practices. class allocations long-term rates return liability modeling studies considered rate return defined benefit pension plans.\n Fiscal Year Ended January 31,\n Discount rate 2. 5%. 4% 3. 2%\n Expected long-term rate return assets 3. 3%.\n compensation increase 2. 3%."
}
{
    "_id": "d1a7187f2",
    "title": "",
    "text": "\n November 2018 acquired assets Golden Ridge Rice Mills LLC Rice Mills, Inc. primary rice mill Wynne Arkansas. proprietary technologies SRB derivative products. accounted combination. consolidated financial statements November 28, 2018. incurred $0. 1 million-related costs selling administrative expenses.\n purchase price Golden Ridge adjustment estimated working capital. revised estimate. purchase price allocation.\n 1,666,667 shares issued Golden Ridge 380,952 shares deposited escrow indemnification obligations. December 31, 2018 shares remained escrow. July 2019 $0. 6 million working capital adjustment receivable claims sellers Golden Ridge. 340,000 shares common stock$1. million returned remaining $0. 4 million note payable cancelled open grain purchase contracts terminated.gain noncash settlement. million third quarter 2019. settlement agreement. shares common stock distributed escrow agreement terminated.\n Estimated December 31, 2018 Final December 31, 2019\n 1,666,667 shares common stock $3. 00 share closing 5,000\n Golden Ridge financial liabilities seller 2,661\n Cash 250\n Note payable seller\n Working capital adjustment purchase price\n value transferred 7,373\n Accounts receivable\n Inventories\n Property equipment 5,092\n Accounts payable\n Commodities\n Accrued liabilities\n Lease liabilities\n Equipment notes\n assets acquired liabilities assumed 4,195\n 3,178"
}
{
    "_id": "d1a720a88",
    "title": "",
    "text": "Units\n RSU transactions December 31, 2019\n 2019 Company awarded 2. 6 million RSUs officers employees performance criteria market conditions. units expected vest evaluated compensation expense recognized. RSUs market conditions recognized grant date value.\n December 31, 2019 unrecognized compensation expense non RSUs $60. 9 million $10. 1 million $3. 9 million.\n RSUs time-based service conditions expense recognized vesting period performance criteria market.\n Unrecognized compensation cost criteria. Total compensation expense RSUs $69. 8 million 2019 $48. 4 million RSUs time-based service conditions.\n Weighted-Average\n Date Value\n Nonvested shares RSUs December 31, 2018. 59\n Granted. 64\n Achieved.\n Released.\nCanceled.\n Nonvested shares December 31,."
}
{
    "_id": "d1b390b6a",
    "title": "",
    "text": "Quarterly Financial Data\n January 26, 2018 income taxes charges tax reform.\n quarters adjusted new accounting standard Revenue Contracts Customers 606).\n July 28, 2017 October 27, January 26, April 27,\n Net revenues $ 1,321 $ 1,415 $ 1,539 1,644\n Gross profit $ 824 $ $ 956 $ 1,029\n Provision income taxes $ 14 983\n Net income (loss $ 131 $ 174\n share.\n."
}
{
    "_id": "d1b34f3a4",
    "title": "",
    "text": "table details sales 2019 2018. sales geographic area\n Americas amounts United States.\n Europe Asia %\n $67,728 $3,285 $71,159 90%\n 5,294 771 1,837 10%\n $72,522  $4,056  $2,483 $79,061 \n $52,034 $9,059 $1,344 $62,437 86%\n 8,424 1,266 10,479 14%\n $60,458  $10,325 $2,133  $72,916\n"
}
{
    "_id": "d1b35e8ea",
    "title": "",
    "text": "Company adopted five share option schemes Pre-IPO Post-IPO I IV. expired 31 December 2011, 23 March 2014, 16 May 2017 13 May 2019.\n 31 December 2019 20,722,380 outstanding share options granted to director\n. first 20% exercised 1 year after each subsequent year.\n. 25% 1 year.\n. closing price before 4 April 2019 HKD378.\n. No options cancelled or lapsed.\n Number options\n Name director Date of grant 1 January 2019 Granted Exercised 31 December 2019 Exercise price period\n Lau Chi Ping Martin 25 March 2014 5,000,000. 25 March 2015 to 24 March 2021\n 21 March 2016 3,750,000. 21 March 2017 to 20 March 2023\n24 March 2017 5,250,000. March 2024\n 9 April 2018 3,215,800. April 2019 2025\n 4 April 2019 3,506,580. 4 April 2020 2026\n 17,215,800 20,722,380"
}
{
    "_id": "d1b30e246",
    "title": "",
    "text": "cash payments closing funded $7. 945 billion loans $400 million revolving credit $1. 825 billion Level 3 Parent. Level 3 acquisition Note 7—Long-Term Debt Credit Facilities.\n recognized assets liabilities Level 3 November 1, 2017 excess goodwill. judgment. final fair value determination fourth quarter 2018 financial statements December 31, 2017.\n. Department Justice assets. sold December 31, 2018. No gain loss.\n October 31, 2018 aggregate consideration exceeded fair value acquired assets liabilities $11. 2 billion goodwill. benefits enhanced financial scale market diversification networks. goodwill deductible income tax.\n Includes accounts receivable $884 million November 1, 2017 October 31, 2018.\n weighted-average amortization period assets 12. years.\nacquisition assumed Level contingencies. Note Contingencies Items.\n Adjusted November 1 2017 Balance December 31, 2017 Purchase Price Adjustments Adjusted November 1 2017 Balance October 31, 2018\n millions\n Cash receivable current $3,317\n Property plant equipment 9,311\n intangible\n Customer relationships\n non current assets\n Current liabilities long-term debt (1,461\n debt\n Deferred revenue liabilities\n Goodwill\n estimated consideration $19,617"
}
{
    "_id": "d1b319556",
    "title": "",
    "text": "Fiscal 2018 Acquisitions\n purchase consideration\n July 31, 2017 Viptela. software networking. Infrastructure Platforms.\n September 22, 2017 Springpath. hyperconvergence software. Infrastructure Platforms.\n February 1, 2018 BroadSoft. cloud calling contact center. Applications category.\n May 10, 2018 Accompany AI-driven relationship intelligence platform. Applications category.\n cash vested share-based awards. $187 million.\n Fiscal 2018 Assets Purchased Intangible Assets Goodwill\n Viptela $497 $180 $335\n Springpath 248 160\n BroadSoft 2,179 353 430 1,396\n Accompany 222 6 55 161\n Others 72 42\n $3,218 $334 $867 $2,017"
}
{
    "_id": "d1b2fdfd6",
    "title": "",
    "text": "table reconciles theoretical corporation tax expense UK tax rate. reconciling items represent rate differentials jurisdictions non-taxable benefits non expenses differences local tax base Financial Statements.\n taxation strategy.\n. aligned business strategy operational needs. Oversight Audit Risk Committee. Chief Financial Officer tax strategy tax professionals. open transparent relationship revenue authorities tax legislation. pricing tax authorities risks. engages policy tax administrators industry bodies international institutions input tax measures. tax authority position regulations additional tax. Uncertain tax positions monitored provision accounts appropriate.\n Year-ended 31 March 2019 March 2018\n Profit (loss before taxation 53.\n multiplied standard corporation tax 19%.\nEffects\n Adjustments previous years.\n tax rate.\n Expenses deductible 11. 9\n Losses.\n Higher tax rates overseas earnings 7. 3\n Research tax credits.\n US tax reform deferred tax 5.\n.\n taxation profit 26. 19."
}
{
    "_id": "d1b3a12a8",
    "title": "",
    "text": "highlights transactions subsidiaries Key Management Personnel.\n Woolworths Group advanced repaid provided treasury accounting legal taxation services entities.\n exchanged goods services. commercial. Balances subsidiaries eliminated consolidation not disclosed.\n transactions directors Key Management Personnel conducted arm’s length normal terms. benefits.\n total remuneration Key Management Personnel\n equity instruments shares disclosed Remuneration Report.\n Short-term benefits 12,175,184 14,217,931\n Post employment benefits 322,733,319\n long-term benefits 161,569 139,776\n Share-based payments 9,177,425 6,594\n 21,836,911"
}
{
    "_id": "d1b35f9d4",
    "title": "",
    "text": ". Inventories\n April 30, 2019 2018\n April 2018 Company recorded non-cash write-down $5. 6 million inventory. manufacturers precluding parts components over ten years. changing technology analog-to-digital converters synthesis. new inventory reserve policy charge $1. 1 million April 30 2019. Inventory reserves $6. 6 million $5. 5 million 2018.\n Raw Materials Component Parts $11,600 16,206\n Work Progress 8,896\n Finished Goods\n $23,356 26,186"
}
{
    "_id": "d1b35ddaa",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n consolidated financial statements\n years December 2017 2018 2019\n amounts. Dollars except\n. Share-Based Compensation\n RCUs PCUs\n total expense share-based compensation December 31, 2019 $5,107 2018: $5,216 2017: $4,565). accrued cash distribution $1,176 $1,265.\n awards Weighted average contractual life Aggregate fair value\n RCUs\n Outstanding January 1 2018 67,475 1. 38 1,429\n 24,608 576\n 75,084. 1,595\n 26,308 605\n December 31, 2019 76,467. 1,790\n January 1 2018 67,475. 1,429\n 24,608 576\n 75,084. 1,595\n 605\n December 76,467."
}
{
    "_id": "d1b30fe34",
    "title": "",
    "text": "Diluted earnings per share. 2019 2018 special events\n non-GAAP diluted earnings excluding tax items Tax Reform reinvestment assertions foreign subsidiaries restructuring costs one employee bonus insight special items. diluted earnings per analyze performance. GAAP.\n earnings per share increased to $3. 50 2019 from $0. 38 2018 increased net income reduction diluted shares repurchase activity plans.\n Diluted earnings per share (GAAP.\n Restructuring costs tax.\n. Tax Reform.\n Accumulated foreign earnings assertion.\n One-time employee bonus net tax.\n Diluted earnings per share adjusted (non-GAAP."
}
{
    "_id": "d1b33dec4",
    "title": "",
    "text": "EQUIPMENT\n Depreciation $870,000 $704,000. $31,000 $773,000. disposals relocating improvements.\n Computers equipment $1,654,000 $1,350,000\n Software 2,131,000 1,749,000\n Leasehold improvements 310,000\n Office furniture equipment 424,000\n 3,784,000\n Accumulated depreciation amortization (2,634,000 (1,797,000\n 1,885,000 $1,987,000"
}
{
    "_id": "d1b315d84",
    "title": "",
    "text": "Acquisitions Divestitures Investments\n June 15, 2018 acquired minority interests third party $6. 9 million. acquired controlling interest April 2015. equity cash December 31, 2018.\n April 2, 2018 sold assets Allscripts’ business Hyland Software. Ohio. acquired 2017. assets excluded retained Allscripts.\n Hyland assumed liabilities. total $260 million subject adjustments. pre-tax gain sale $177. 9 million sales statements December 31, 2018.\n March 15, 2018 contributed assets liabilities Strategic Sourcing new entity $2. 7 million cash. obtained 35. 7% interest new entity valued $4. 0 million balance sheet December 31, 2018.\n equity accounting. initial pre-tax loss $0. 9 million $4.7 million losses adjustments receivable. sale December 31, 2018.\n February 6, 2018 acquired common stock cloud $8. million. allocation $1. 1 million $0. 6 million customer relationships $6. million goodwill. 8 million accounts receivable deferred revenue $0. 6 million $0. 5 million long-term deferred income tax liabilities.\n finalized fourth quarter 2018. asset amortized 8 years. customer relationship amortized one year. goodwill not deductible. not material financial statements.\n other equity investments.\n acquired non-marketable equity securities commercial agreement $11. 7 million. $1. 8 million non-marketable convertible note.\n value illiquidity restricted marketability December 31, 2019.factors fair value financial information obligations raises.\n Carrying Value\n December 31, 2019 Cost\n Equity investments 5 $ $ 11,332 10,667\n 9 43,874 32,462 25,923\n long-term equity investments 14 $ 51,281 $ 43,794 36,590"
}
{
    "_id": "d1a735294",
    "title": "",
    "text": "Employee Stock Purchase Plan\n employees shares 24-month four 6-month periods. purchase discount 15% market value. September 13, 2018 ESPP 2 million shares. April 26, 2019 7 million shares available. table\n April 26, 2019 27, 2018 28, 2017\n Shares issued ESPP\n Proceeds issuance $ 96 $ 85 $ 80"
}
{
    "_id": "d1b3b641e",
    "title": "",
    "text": "RECEIVABLE\n $60. 3 million $80. 5 million. federal contracts September 30, 2019 2018. October 1 2018 unbilled contract receivables reclassified ASC 606.\n sell receivables. obligations. payments not Consolidated Balance Sheet. September 30, 2019 sold $31. 1 million receivables.\n 2018\n Accounts receivable\n Billed $ 127,406 $ 156,948\n Unbilled 242,877\n doubtful accounts\n Total receivable 126,014 398,501\n estimated amounts due\n Current accounts receivable $ 126,014 $,367"
}
{
    "_id": "d1b3c160c",
    "title": "",
    "text": ". Accrued Liabilities\n April 30 2019 2018\n Vacation compensation $1,659,433\n Incentive compensation\n Payroll taxes\n Deferred revenue\n Warranty\n Commissions\n $3,571"
}
{
    "_id": "d1b326936",
    "title": "",
    "text": "Equity Method Investments\n investments Balance Sheets\n TOKIN's Joint Ventures NYC NTS\n April 19, 2017 66% interest TOKIN 100% subsidiary KEMET. two investments NYC NTS. accounts investments equity method.\n NYC established 1966 TOKIN Mitsui Mining Smelting. oxides owns 30% stock. equity investment $8. 2 million $8. 1 million March 31, 2019 2018.\n NTS established 2004 TOKIN sold 67% stock. devices owns 33% stock. 2019 sales TOKIN’s products. equity investment NTS $1. 2 million $1. million March 31, 2018.\n. $8,215 $8,148\n.\n Jianghai Electronics Components.\n $12"
}
{
    "_id": "d1b34b02e",
    "title": "",
    "text": "difference statutory federal\n increase tax rate 2019 one-time benefits.\n decrease 2018 expense Tax Reform ISecG divestiture not 2018. reduction U. S. statutory rate tax Tax Reform drove remaining decrease 2018.\n tax rate benefit non-U. S. income from China Hong Kong Ireland Israel. tax rates range 12. 5% to 25. 0%. subject reduced tax rates China Israel activities capital investments. reduced tax rates expire through 2026 renewals expiration.\n 28, 2019 2018 30 2017\n Statutory federal income tax rate.\n Increase\n Non-U. S. income taxed different rates.\n Research development tax credits.\n Domestic manufacturing deduction benefit.\n Foreign derived intangible income benefit.\n Tax Reform.\n ISecG divestiture.\n.\n tax rate 12. 5%"
}
{
    "_id": "d1b32f14e",
    "title": "",
    "text": ". Restructuring Charges\n 2019 2018 2017\n millions\n Restructuring charges $ 255 $ 140 $ 146\n Gain divestiture\n Other charges\n $ 255  $ 126 $ 147"
}
{
    "_id": "d1b35f4b6",
    "title": "",
    "text": ". INCOME TAXES\n December 29, 2019 income tax provision $26. 6 million profit equity earnings $26. million expense foreign jurisdictions profitable. December 30 2018 income tax $1. 0 million loss equity $898. 7 million expense offset tax benefit valuation allowance tax reserves statutes limitation.\n geographic distribution equity\n Year\n December 29, 2019 30, 2018 December 31, 2017\n distribution\n. loss $(84,071) $(778,316) $(1,242,000)\n Non-U. 110,040 (120,355\n Income taxes equity earnings $25,969 $(898,671) $(1,200,750)\n Provision taxes\n benefit\n Federal\n State\n Foreign (24\ntax (25,286) 1,317\n Deferred tax\n Federal\n 1,450\n Foreign 4,798\n deferred tax (1,345 4,798 2,627\n (26,631) $3,944"
}
{
    "_id": "d1b34f6b0",
    "title": "",
    "text": "Foreign Currency Risk\n Group exposed to translation transaction foreign exchange risk. currencies used including sterling euro. experiences currency exchange differences retranslation recognised expense. cash inflows outflows currencies invoices local pays expenses risk.\n exposed exchange differences translation subsidiaries’ Financial Statements US dollar equity.\n table illustrates movement per sterling euro against US dollar profit loss equity.\n foreign exchange variance unrealised Profit Loss no impact cash flows.\n Year-ended 31 March 2019 31 March 2018\n 10% movement sterling US dollar value\n.\n.\n movement euro US dollar value\n.\n."
}
{
    "_id": "d1b33486a",
    "title": "",
    "text": ". QUARTERLY FINANCIAL INFORMATION\n 31, purchased group annuity contract pension benefit obligations retirees. recognized non pension settlement charge $6. 7 million.\n recognized gain extinguishment debt repurchase Senior Notes $0. 3 million $1. 1 million $3. 1 million June 30 September 30 December 31,.\n incurred severance costs $8. 7 million.\n Quarter\n March June September December\n Net revenues $338,649 $333,532\n Operating income $16,720 $14\n Net income common stockholders $(7,265\n Basic diluted earnings (loss) per share."
}
{
    "_id": "d1b340804",
    "title": "",
    "text": ".\n 2019 2018 Group operated storage centres Australia New Zealand.\n Managing Director monitors results. reports performance NSR consolidated financial statements. financing costs income managed not allocated segments.\n results.\n revenue excludes interest based location storage centres.\n $ Revenue external customers\n Australia 144,621 129,431\n New Zealand 13,036\n Total 157,657 138,343"
}
{
    "_id": "d1b38522e",
    "title": "",
    "text": "Results Operations 2019 2018 2017\n Revenues\n Subscription Solutions\n increased $177. 2 million 38. 1% 2019. increased $155. million 50. 0%. higher merchants.\n Merchant Solutions\n revenues increased $327. 7 million 53. 9% 2019. Shopify Payments revenue $239. 6 million 53. 3%. merchants expansion Shopify Payments $9. 1 billion additional GMV. Shopify Payments penetration rate 42. 1% GMV $25. 7 billion. 40. 4% $16. 6 billion 2018. Shopify Payments adoption United States 91% Canada 90% Australia 89% Kingdom 88% Ireland 84% New Zealand 76% other countries 70%. Merchant revenues increased $327. 7 million 53. 9%. Shopify Payments revenue $239. 6 million 53. 3%.increase merchants platform expansion adoption Shopify Payments $9. 1 billion additional GMV 2019 2018. December 2019 Shopify Payments penetration rate 42. 1% GMV $25. 7 billion. compares 40. 4% GMV $16. 6 billion 2018. December 31, 2019 Shopify Payments United States 91% Canada 90% Australia 89% United Kingdom 88% Ireland 84% New Zealand 76% other countries 70%.\n transaction fees referral fees partners Shopify Capital Shopify Shipping increased.\n Merchant solutions revenues increased $245. 0 million 67. 4% 2018 2017. Shopify Payments revenue $176. 0 million 64. 4%. revenue transaction fees referral fees partners Capital Shipping increased.\n 2019\n$642,241 $464,996 $310,031. 50.\n 935,932 608,233 363,273 53.\n $1,578,173 $1,073,229 $673,304 47. 59.\n 40. 46.\n 59. 3 56. 7 54.\n 100."
}
{
    "_id": "d1b35752c",
    "title": "",
    "text": "GAINS EQUITY INVESTMENTS\n gains losses 2019 2018 driven ASML Holding. Cloudera. 2019 sold equity investment ASML.\n recognized $293 million price adjustments.\n 2018 impairment $290 million IMFT. 2017 charges Cloudera $278 million Unisoc $308 million.\n dividends $632 million McAfee gain $107 million sale non interest IMFT. $3. 4 billion gains interest ASML.\n higher net gain lower loss debt larger divestiture gains.\n gain lower losses higher assets larger divestiture gains.\n adjustments equity securities $277\n price adjustments non-marketable equity securities 293\n Impairment charges (122)\n Sale equity investments 1,091 3,484\nequity $1,539 $2,651\n $484 $126"
}
{
    "_id": "d1b359ce6",
    "title": "",
    "text": "decreased $78. 9 million 2019 $177. million 2018 $44. 8 million 2017\n ASC 606.\n.\n $131. 7 million $120. 8 million $71. 7 million. net income $206. 6 million $7. million accounts payable $1. million taxes. impacted $70. 6 million liabilities $42. 8 million inventories $8. million accounts receivable $4. 4 million prepaid expenses. $46. 3 million anti-trust fines $7. 8 million restructuring liabilities. customer demand.\n 2018 net income $254. 1 million. $30. 2 million accounts receivable $4. 3 million prepaid expenses $1. 3 million accrued income taxes. $16. 1 million accounts payable $13. 8 million inventories.\n net income $47. 2 million.inventories $6. 2 million accounts payable $1. 7 million liabilities. flows impacted $2. 6 million accounts receivable $1. 8 million prepaid expenses.\n Investing\n 2019 2017 $. million $102. 4 million $. million. expenditures $146. million expanding capacity technology projects. $16. 3 million. Customer Capacity Agreements. $4. million contributions KEMET Jianghai Novasentis. sales $2. 3 million dividends $0. 8 million.\n 2018 $164. million purchase TOKIN. asset sales $3. 6 million dividends $2. 7 million. offset capital expenditures $65. million expanding capacity technology projects. $3. million Novasentis.\n expenditures $25. 6 million expanding capacity Mexico.\n Financing\n $56. 7 million.. 1 million. 2019 received $281. million TOKIN Term Loan Facility $13. 4 million Portuguese $1. 1 million. 5 million stock options. $344. 5 million long term debt payments $4. 3 million $8. 6 million $323. 4 million Loan $12. 4 million. early payment premium $3. 2 million. paid two dividends $5. 8 million.\n 2018 $353. million. Senior Notes $33. million credit payments Term Loan Agreement $4. 3 million $12. 9 million. $329. 7 million Term Loan Credit Agreement stock warrants options $8. $5. 2 million. 3 million loan Portuguese Government.\n 2017. million long-term debt cash outflows $1. 1 million treasury stock $1. million stock options.\nFiscal Years Ended March\n operating $131,731 $120,761 $71,667\n investing (147,012) 102,364 (25,598\n financing (56,657)\n foreign currency fluctuations 9,745,174\n $(78,928) $177,072 $44,770"
}
{
    "_id": "d1b31dd7c",
    "title": "",
    "text": ". Reportable Segments Geographic Information Major Customers\n segments components financial information evaluated performance resources. internal reporting system financial data. Net sales attributed region product service. services manufacturing processes customers order fulfillment processes interchangeable. performance operating income (loss. net sales administrative expenses excludes corporate expenses. $13. 5 million-time employee bonus. not allocated. Inter-segment transactions recorded arm’s length. accounting policies same Company.\n three reportable segments 2019 2018 2017\n Net sales\n AMER $1,429,308 $1,218,944 $1,166,346\n APAC 1,557,205 1,498,010 1,279,261\n EMEA 309,933 281,489\n inter-segment sales (132,012) (124,935) (110,384\n,164,434 2,873,508 2,528,052\n AMER $57,780 $38,637\n APAC 208,178 213,935 200\n EMEA\n costs,378 (105,922)\n $142,055,283 $129,908\n 4 5\n (5,143\n $125,955 $107,610 $121,823"
}
{
    "_id": "d1b3ae476",
    "title": "",
    "text": "passed 12,400 addresses Greater Cincinnati Fioptics Fiber Premise. December Fioptics products 623,400 locations 75% Cincinnati. passed 5,900 addresses Hawaii. Consumer/SMB Fiber 246,400 addresses 50%\n invested $24. million Enterprise Fiber IP-ased technology. demand Greater Cincinnati Midwest. Hawaii expenditures high-bandwidth data Southeast Asia States cable. network assets migration new technology December 31,\n increased commercial addresses fiber 28,800 Greater Cincinnati 20,300 Hawaii 2,200 1,200\n expanded fiber network 12,500 miles Cincinnati 4,700 Hawaii\n cell site back-haul services 90% 1,000 sites Greater Cincinnati 97% fiber 80% 1,100 Hawaii fiber.\n-over-year Entertainment Communications revenue growth since 2013.expanding fiber assets data video internet speed agility security. fiber investments bandwidth\n Hawaii Territory\n Consumer SMB Fiber Revenue $87. $42.\n Subscribers\n High-speed internet 68. 65.\n.\n."
}
{
    "_id": "d1b3391b2",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS\n. INTANGIBLE ASSETS\n December\n life 11. 2 years.\n Gross Carrying Amortization\n $83,368(14,250 $69,118\n 108,995 (18 90,798\n Trademarks 26,888 (2 24,095\n $219,251(35,240 $184,011\n 31, Gross Carrying Amortization\n $39,879(7,927) $31,952\n 35,509 22,025\n Trademarks\n $77,889"
}
{
    "_id": "d1b3bcbf2",
    "title": "",
    "text": "11 CAPITAL.\n Private placements public offerings.\n New Warrants not registered Securities Act 1933 state laws. shares registered resale Form S-3. Exercised Shares registered resale. 333225995. issuance Shares New Warrants exempt registration Securities Act Section 4 Securities Act Rule 506 Regulation.\n Company raised $64,000 Common Stock warrants private placements public offerings proceeds.\n price expiration date Company warrants December 31, 2019\n Issuance\n 2007 Jan 2011 2,016,666. Nov-2022\n Jun-2018 458,202\n 1,158,000 Dec-2021\n 842,000\n 4,474,868"
}
{
    "_id": "d1b387dee",
    "title": "",
    "text": "16C. Principal Accountant Fees Services\n principal accountant 2019 2018 KPMG LLP. table shows fees Teekay subsidiaries audit services KPMG LLP.\n Audit fees services financial statements quarterly filings public offerings.\n Audit fees 2019 2018 include $928,300 $859,000 KPMG LLP Teekay LNG approved. $588,200 $517,000 KPMG LLP Teekay Tankers.\n Audit-related fees accounting consultations employee benefit plan audits business divestitures attestation services. 2019 2018 tax fees corporate tax compliance fees.\n Audit Committee pre-approve audit-related non-audit services. Engagements pre-approved pre-approval policies.\n Audit Committee pre-approved engagements fees principal accountants 2019 2018.\n Fees thousands U. S. dollars) 2019 2018\nAudit 2,723 2,529\n 33\n 23\n 2,779 2,620\n"
}
{
    "_id": "d1b3c769c",
    "title": "",
    "text": "3. Fair value estimation inputs not market data instrument level 3.\n valuation techniques include\n Dealer quotes\n value interest rate swaps future cash flows\n discounted cash flow analysis.\n 31 December 2019 1 transfer between level 1 2 fair value. transfers 3 changes instruments 3 December 2019\n Financial assets liabilities\n RMB’Million\n balance IAS 39 77,131 2,154\n Adjustment IFRS 9\n IFRS 9 83,934 100,107\n Additions 39,116,185\n Business combination\n Disposals/Settlements (6,714) (9,899)\n Transfers (4,552) (93,151\n Changes fair value income 328\n profit loss 9,241 30,485\nCurrency 1,740 4,946\n Closing balance 123,093 83,934 1,873 4,466\n unrealised gains 3,265 (463)"
}
{
    "_id": "d1b37a694",
    "title": "",
    "text": ". Financial Data\n Five Years Ended July 27, 2019\n 2019. revenue. immaterial gain. July 2019 28, 2018 $168 million $903 million.\n Tax Cuts Jobs Act $872 million charge reversal. taxation foreign dividends. Note 17 Consolidated Financial Statements.\n 2018 Cisco provisional tax expense $10. 4 billion $8. 1 billion. transition tax $1. 2 billion foreign withholding tax $1. 1 billion deferred tax.\n second 2016, SP Video CPE Business. revenue pre-tax gain $253 million. years July 30, 2016 July 25, 2015 revenue $504 million $1,846 million.\n 2016 recognized tax benefits $593 million settled tax returns net tax benefit $367 million Americans Tax Hikes Act 2015 reinstated.research tax credit Cisco recognized tax benefits $226 million $81 million 2015 R&D expenses.\n adopted Accounting Standards Codification 606 standard revenue recognition modified retrospective method contracts not completed July 28, 2018. Note 2 Consolidated Financial Statements impact.\n factors affected.\n Years Ended July 27, 2019 July 28, 2018 29, 2017 30, 2016 July 25, 2015\n Revenue $51,904 $49,330 $48,005 $49\n Net income $11,621 $9,609 $10,739 $8,981\n income.\n.\n 4,419 4\n 4,453\n Cash dividends share.\n Net cash activities $15,831 $13,666"
}
{
    "_id": "d1b363b10",
    "title": "",
    "text": "Contract costs\n table.\n amortized 12 84 months.\n ENDED DECEMBER 31\n Opening balance January 1 707\n contract fulfillment 602\n Amortization costs\n Impairment charges\n Ending balance December 31 783"
}
{
    "_id": "d1a7155e8",
    "title": "",
    "text": ". PROPERTY EQUIPMENT\n December 31, 2019 2018\n Depreciation expense $0. 04 million $0. 13 million 2019 2018. finance leases $0. 001 million $0. 002 million. leases one to three years. payments cash outflows. Future minimum lease payments leases in Note 8. Depreciation expense $0. 04 million $0. 13 million 2019 2018. finance leases $0. 001 million $0. 002 million. leases terms one to three years.\n relocation 2019 disposed assets. loss on disposal $0. 01 million. disposed assets. loss $0. 01 million.\n closure Lake Mary facility 2018 reclassified equipment $0. 07 million sale. contracted third party consignment sale completed sales 2018 2019. 31, 2019 net loss $0.million sale assets. December 2018 gain $0. 01 million. gains losses selling expenses loss.\n Equipment software capital leases $6 $17 December 31, 2019 2018 $260 $1,555\n Leasehold improvements\n Furniture fixtures\n 2,523\n accumulated depreciation capital leases $3 $13 2019 (266)\n $129"
}
{
    "_id": "d1b352a18",
    "title": "",
    "text": "LINES GEOGRAPHIC ACCOUNTS REVENUE CONCENTRATION\n Company business segments location. single segment.\n breakdown revenue product\n New products 180 nanometer eFPGA QuickAI SensiML. Mature products 180.\n Revenue product\n New products $3,123 $5,735 $5,853\n Mature products 7,187 6,296\n Total $10,310 $12,629 $12,149"
}
{
    "_id": "d1b38353c",
    "title": "",
    "text": "Operating Expense\n Restructure asset impairments functions. 2019 200mm facility gains $128 million. 2017 gains $15 million Lexar 40% Tera Probe facility Akita.\n 2019 2018 2017\n loss disposition property plant equipment $43 $(96) $(22)\n Restructure impairments (29) 28 18\n $49"
}
{
    "_id": "d1b3b8da4",
    "title": "",
    "text": "FINANCIAL ASSETS FAIR VALUE PROFIT LOSS\n FVPL\n 31 December 2019 additions FVPL\n investment retail company USD500 million RMB3,550 million 21% equity interests preferred\n investment real estate O2O platform PRC USD320 million RMB2,258 million. 31 December 2019 equity interests\n new RMB38,810 million unlisted entities United States PRC Asian countries. social networks Internet technology Internet-related business. disclosure requirements 14 Listing Rules.\n December 2019 transfers equity investment FVOCI conversion redeemable instruments ordinary shares RMB1,395 million.\n 31 December 2019 Group disposed investments RMB16,664 million Internet-related services.\n influence FVPL shareholding 20%. investments redeemable instruments classified FVPL.\nIFRS 9 95,497\n Additions 44,618 60,807\n Transfers,816)\n Changes 28,738\n Disposals,664,805\n differences 6,456\n 135,936 97,877"
}
{
    "_id": "d1b38f2ba",
    "title": "",
    "text": ". Revenue\n September 1, 2018 Company adopted ASU 2014-09 Revenue Recognition (Topic 606). new standard revenue recognition model revenue transfer goods services customers consideration.\n recognized revenue contracts goods shipped title risk ownership passed price fixed collectability assured. new standard recognizes revenue over time contracts recognized earlier. other contracts recognized.\n standard impacts accounting fulfillment costs manufacturing. costs recognized asset amortized transfer control.\n adopted ASU 2014-09 modified retrospective method contracts recorded cumulative effect adjustment September 1, 2018\n Differences relate timing revenue recognition time customers balance sheet reclassifications.\n recovery fulfillment costs balance sheet reclassifications.\n accrued expenses Consolidated Balance Sheets.\n Differences contract liabilities September 1,.\nBalance August 31, 2018 Adjustments ASU 2014-09 September 1 2018\n Contract $591,616\n Inventories $3,457,706 $2,996,435\n Prepaid expenses $1,141,000,103,729\n Deferred income $218,252 $209,927\n,142\n Deferred $691,365\n accrued $1,000,979 $1,041,371\n Deferred income $114,385\n Retained $1,760,097"
}
{
    "_id": "d1b2eb8cc",
    "title": "",
    "text": "Stock Compensation Expense\n table stock-based compensation expense tax benefits Consolidated Statements Operations 2019 2018 2017\n acquisition Rofin 2016, $15. 3 million cancellation options. allocated merger $11. 1 million post-merger compensation expense $4. 2 million quarter 2017.\n 2019 $4. 8 million compensation $4. million amortized sales $1. 5 million remained inventory. 2018 $4. 7 million $4. 4 million amortized $1. 5 million remained.\n 2019 compensation cost unvested stock awards $33. 1 million. amortized. years.\n Cost sales $4,880 $4,403\n Research development 2,990\n Selling general administrative 28,596\n Income tax benefit\n"
}
{
    "_id": "d1b38b20a",
    "title": "",
    "text": "\n Group reported £128. 5m £5. 5m. 5% 2017/18. Divisional contribution increased £6. 1m £161. 9m. Grocery business £8. 3m £138. 3m Sweet Treats £2. lower £23. 6m. Group corporate costs £0. 6m higher.\n. reduced promotional lower volumes revenue growth.\n margins grew 2. input cost inflation.\n Grocery 138. 130. +6. 3%\n Sweet Treats 23.\n 161. 155. +3. 9%\n Group corporate costs.\n Trading profit 128. 123. +4. 5%"
}
{
    "_id": "d1b384572",
    "title": "",
    "text": "Article 35 Articles Association financial year January 1 to December 31, fiscal. 2019 first quarter March 30 second June 29, third September 28 fourth December 31.\n 2020 first quarter March 28, second June 27, third September 26 fourth December 31.\n distribution revenues expenses quarter unbalanced different days differ prior table 2018 2019 2020.\n 2018 91\n 2019 89\n 2020 91"
}
{
    "_id": "d1b363c1e",
    "title": "",
    "text": ". Goodwill Intangible Assets\n changes\n October 2019 acquired 85% OpenEye recorded $41. 4 million goodwill Alarm. no impairments December 2019 2018 2017. balance $4. 8 million related acquisition EnergyHub 2013.\n.\n Balance January 1, 2018 $63,591\n acquired\n Balance December 31, 2018\n Balance December 31, 2019 $104,963"
}
{
    "_id": "d1b39136c",
    "title": "",
    "text": ". Equity Stockholder Matters Issuer Purchases Equity Securities\n Cisco common stock traded Nasdaq Global Select Market CSCO. quarterly cash dividends Supplementary Financial Data page 106. 39,216 shareholders August 30, 2019.\n.\n Issuer purchases equity\n September 13, 2001, stock repurchase program. February 13, 2019 $15 billion increase. July 27, 2019 remaining $13. 5 billion no termination date.\n restricted stock units net shares withheld tax withholding. Note 14 Consolidated Financial Statements.\n Period Shares Purchased Average Price Paid Share Announced Plans Programs Approximate Dollar Value Shares\n April 28, May 25, 2019 $54. $15,700\n May June 22,.$14,465\n June July 27, $56. $13,460\n $54."
}
{
    "_id": "d1b34e3dc",
    "title": "",
    "text": "Company maintains liabilities for uncertain tax positions. monitored by management tax regulations court. reconciliation unrecognized tax benefits\n relate to federal state research development credits profit transfer IP rights tax reorganization 2015. interest penalties uncertain tax positions income tax expense. 2019 accrued interest $25,000. total tax benefits tax rate $97,000.\n loss credit carryforwards open statutes of limitations tax returns 2000.\n Years Ended December\n Balance $4,611 $4,672 $6,232\n increases positions prior 394\n decreases tax rate change (1,670)\n increases positions current year\n Lapse statute of limitations\n Balance end year $4,826 4,611 4"
}
{
    "_id": "d1b38e658",
    "title": "",
    "text": ". Revenue Contracts\n Topic 606\n Company adopted Topic 606 2019 modified retrospective method. timing revenue recognition recognized. adjustments balances Consolidated Balance Sheets\n fiscal 2019 opening earnings balance$ 7. 8 million contracts revenue. Contract assets$ 76. 4 million recognized. Inventory declined $69. 0 million due costs. decline accrued liabilities reclassification deferred revenue offset increase taxes.\n Balance September 29, 2018 Impacts Topic\n 606 Balance September 30, 2018\n Contract assets $76,417\n Inventories 794,346 (68,959) 725,387\n LIABILITIES SHAREHOLDERS' EQUITY\n Other accrued liabilities $68,163 $67,806\n Retained earnings 1,062,246,070,061"
}
{
    "_id": "d1a725d26",
    "title": "",
    "text": "revenues. increased 20% to RMB59,659 million fourth quarter 2019. increase due to FinTech services channel content costs. decreased to 56% 2019 from 59% 2018. table cost revenues by line business\n VAS increased 28% to RMB26,120 million 2019. channel costs smart phone games higher content costs online games.\n FinTech Business Services increased 32% to RMB21,520 million. increase driven by expansion payment-related services cloud business.\n Online Advertising decreased 14% to RMB9,241 million. due lower content costs fewer content releases cost management.\n months\n 31 December 2019 2018\n revenues\n millions\n 26,120 50% 20,330 47%\nFinTech 21,520,310\n Advertising 9,241 46% 10,800 63%\n,778\n 59,659 49,744"
}
{
    "_id": "d1b3c71e2",
    "title": "",
    "text": ". Income Share\n calculation basic diluted income\n shares employee equity awards 1 6 million 2019 2018 2017 excluded diluted.\n 26, 2019 2018\n Net income $ 1,169 $ 116 $ 481\n Shares basic computation 254 268\n Dilutive impact equity plans\n diluted computation 259 276 281\n Net Income per Share\n $.\n $. 51."
}
{
    "_id": "d1b337dbc",
    "title": "",
    "text": "Post-employment benefit plans\n provide pension benefits employees. DB DC OPEBs.\n operate Canadian pension legislation minimum funding requirements. assets trust oversight investment decisions Pension Fund Committee.\n interest rate risk liability matching mismatch investment obligation.\n longevity risk longevity swap life expectancy.\n POST-EMPLOYMENT BENEFIT PLANS SERVICE COST\n YEAR DECEMBER 31\n DB pension (193) (213)\n DC pension (110) (106)\n OPEBs (3)\n Capitalized benefit plans cost 59\n cost (247) (266)\n Other costs\n"
}
{
    "_id": "d1b320888",
    "title": "",
    "text": ". Share-Based Compensation\n table Company's share-based compensation expense\n March 31, 2019 $17. 2 million capitalized $14. 9 million sold. March 31, 2018 $11. 9 million capitalized $13. 8 million sold. March 31, 2017 $11. 3 million capitalized. 2017 $14. 5 million $4. 2 million Atmel not.\n unearned share-based compensation estimated expensed 2020 2024 March 31, 2019 $253. 4 million. average. 88 years.\n Ended March 31,\n Cost sales $14. $13. $18.\n Research development 72. 46.\n Selling administrative 62.\n charges.\n Pre-tax effect share-based compensation 166. 93 128\n Income tax benefit.\ncompensation $130. $64."
}
{
    "_id": "d1b31137e",
    "title": "",
    "text": "Cash Flows\n table summarizes cash flows operating investing financing.\n cash\n decreased $10. 2 million to $106. 5 million 2019 $116. 7 million 2018. due\n lower contribution Cool Pool\n $24. 9 million drydocking costs\n $9. 3 million receipts arbitration $50.\n reduction timing working capital.\n offset by receipts $4. million loss hire insurance claim Golar Viking. comparable receipts.\n increased $151. 8 million to $116. 7 million 2018 $35. million 2017. increase higher contributions Cool Pool lower charterhire payments expiry $50. million receipts arbitration proceedings improvement general timing working capital.\n $264. 4 million 2019\n $376. 3 million payments conversion Gimi FLNG\n $21. million investments Golar Power Avenir\n.ballast water treatment eight vessels.\n offset\n $115. 2 million Keppel 30% Gimi\n $29. 2 million dividends Golar Partners\n $9. 7 million cash Hilli acquisition.\n $202. 5 million 2018\n $116. 7 million Hilli\n $95. 5 million Golar Power $55. million Avenir $24. 8 million\n vessels equipment $33. 1 million.\n offset $9. 7 million $33. 2 million dividends.\n debt refinancings repayments dividends. $136. million debt repayments $443. 1 million $100. million Margin Loan $9. million Golar Arctic dividends $65. million financing costs $24. 5 million Gimi $18. 6 million. million treasury shares equity swap.\noffset debt proceeds\n $100. million Margin Loan\n $150. million term loan\n $130. million Gimi\n $144. 3 million lessor VIE.\n Net cash $177. 4 million 2018 $1. 2 billion debt facilities\n $115. million pre financing conversion Hilli FLNG\n $960. million post-acceptance Hilli sale leaseback financing\n $101. million debt proceeds VIE Golar Crystal refinancing long-term loan.\n offset\n loan repayments $994. million $640. pre-delivery financing $105. million refinancing Golar Crystal $76. million Golar Tundra financing scheduled repayments remaining debt\n dividends $42. million.\n Net cash activities 106. 116.\n.\n. 177. 427.\n cash equivalents restricted cash (293. 91. 6.\n 704. 3 612. 7 640.\n end 410. 704. 612."
}
{
    "_id": "d1b33e5e0",
    "title": "",
    "text": "Accounting\n 2014, FASB released ASU 2014-09 Contracts revenue GAAP. issued amendments August April May December 2016 ASU 2015–14 codified Accounting Standard. revenues promised goods services transferred customers. Company adopted ASC 606 fiscal year June 25, 2018 modified retrospective approach amendments prospective reporting periods. Results periods June 25 2018 ASC 606 prior amounts not adjusted ASC 605. revenue recognition policy amended Note Accounting Policies.\n cumulative effect changes Consolidated Balance Sheet June 25, 2018 ASC 606 contracts not completed June 24, 2018 retained earnings\n 24\n assets $12,479,478 $12 $12,492,433\n Deferred profit $720,086 $559,391\nliabilities $5,899,435\n equity $6,501,851"
}
{
    "_id": "d1b32cbb0",
    "title": "",
    "text": ". Income Taxes\n expense summarized\n foreign dividends.\n Ended August 31,\n Domestic $(415,707)(426,897),690\n Foreign 866,411 800,298\n $450,704 $373,401 $256,233"
}
{
    "_id": "d1a72aac4",
    "title": "",
    "text": "Discontinued Operations\n Ended December 31, 2019 2018 2017\n December 31, 2018 sold Class A Units Netsmart. separate segment discontinued operation. loss discontinued operations net losses December 2018 2017 offset earnings solutions 2017 March 31, 2018. Note 17, financial statements Part II Item 8 Form 10-K information.\n Year Ended December 31, 2019 2018\n 2019 2018 2017\n Loss discontinued operations $(72,836) $(11,915).\n Gain sale Netsmart 500,471.\n Income tax effect discontinued operations (32,497) 42,263.\n Income (loss discontinued operations net tax $395,138 $30,348."
}
{
    "_id": "d1b31f690",
    "title": "",
    "text": "Liabilities\n December 2019 2018 $106 million $86 million book overdrafts $469 million $434 million capital expenditures.\n December\n millions\n Accounts payable $1,724 1,933\n liabilities\n Accrued rent $75\n Legal contingencies\n liabilities $386"
}
{
    "_id": "d1b3adf26",
    "title": "",
    "text": ". Borrowings capital resources\n from bank facilities issuances capital markets bond paper issues bank loans. manage interest debt fixed floating derivatives. enters foreign exchange contracts.\n analysis net debt capital\n Interest-bearing loans overdrafts measured fair value amortised cost rate. hedged adjustments recognised risk. difference proceeds transaction costs settlement redemption recognised term borrowing. bonds conversion rights compound instruments measured fair value. measured amortised cost interest.\n 31 March 2019 58% market capitalisation (2018 46%). Average net debt €30. 9 billion €27. billion €34. 1 billion. consolidated net debt position 31 March\nLiabilities equity Kabel Deutschland AG domination transfer agreement disclosed short-term borrowings borrowings 31 March 2018 exclude €1,838 million.\n 31 March 2019 includes €2,011 million (2018 €1,070 million cash collateral agreements\n Includes €1,919 million spectrum licence payables auctions Italy Spain.\n financial assets liabilities fair value long bonds €44,439 million (2018 €30,473 million €43,616 million (2018 €29,724 million. level 1 hierarchy market prices.\n Short-term borrowings\n Bonds\n Commercial paper\n Bank loans\n Other\n Long-term borrowings\n Bonds\n Bank loans (1,780\n Other\n Cash equivalents\n financial instruments\ninstruments (2,444\n investments 11,095\n 12,285 7,116\n debt (27,033)"
}
{
    "_id": "d1b399c2e",
    "title": "",
    "text": ". Information\n non-current assets regions\n property equipment goodwill intangible.\n Fiscal Year Ended June 30\n.\n United States $819,227 $412,112\n Australia 18,842\n India\n $847,355 $428,842"
}
{
    "_id": "d1b3a59ca",
    "title": "",
    "text": "\n December 31, 2019 2018\n reserves excess obsolete inventory cost value usage market conditions. December reserve $34. 1 million $30. million.\n Raw materials $36,987 $45,333\n Work process 1,085\n Finished goods 60,233 52,877\n $98,305 $99,848"
}
{
    "_id": "d1b332c22",
    "title": "",
    "text": "2019\n revenue Connected Home decreased. fell $27. 8 million. North American home WiFi market contracted non-service. revenue home wireless mobile broadband modem gateway. declines AC router WiFi mesh systems extenders offset WiFi 6 routers. revenue declines regions.\n Contribution income decreased lower net revenue gross margin. higher product costs Section 301 tariffs channel promotion foreign exchange headwinds.\n 2018 2017\n Connected Home revenue increased. due wireless broadband modem gateway offset decreased mobile. growth home wireless service non channels broadband gateway non-service provider. net revenue fell $33. 5 million. revenue increased Americas EMEA decreased APAC.\n Contribution income increased 2018 higher net revenue gross margin favorable product mix lower warranty expense higher operating expenses.\n\n 2019 2018 2017\n Net revenue $711,391.% $771,060. 4% $768,261\n revenue 71. 2%. 8%.\n income $67,775. $96,340. $83,870\n margin. 5%. 5%."
}
{
    "_id": "d1b323164",
    "title": "",
    "text": ". Software Development Intellectual Property Licenses\n table capitalized costs\n 2019 2018 property licenses material.\n Internally-developed software costs $345 $291\n Payments third-party\n costs $376"
}
{
    "_id": "d1b35d6b6",
    "title": "",
    "text": ". NET INCOME PER COMMON SHARE\n table basic diluted net income share\n Incremental shares conversion convertible calculated Teradyne stock $31. 62 multiplied 14. 5 million shares. Teradyne.\n Convertible notes hedge warrant shares calculated Teradyne price $39. 68 multiplied 14. 5 million shares.\n diluted net income 2018 excludes stock options. million restricted stock units.\n 2017. million.\n diluted per share $467,468 $451,779 $257,692\n average common shares-basic 170,425 187,672 198,069\n dilutive\n Incremental shares conversion convertible notes 4,909 2,749 1,298\n Convertible note hedge warrant shares 2,698 485\n Restricted stock units 1,236 1,385 1,800\nStock options 178 278 335\n Employee purchase rights 13 36\n shares 9,034 3,572\n shares 179,459 192,605 201,641\n income share.\n."
}
{
    "_id": "d1b346902",
    "title": "",
    "text": "Cash Equivalents\n checking accounts money market accounts temporary investments maturities three months less. December 31, 2019 2018 no cash equivalents.\n Restricted Cash\n assets escrow accounts. assets subject contingencies. resolution expiration escrow amounts used balance released. December 31, 2019 2018 $72,000 $140,000 deposited escrow restricted cash Shoom acquisition amounts released pre-acquisition stockholders. December 31, 2019 2018 $72,000 $70,000 current Prepaid Assets Other Current Assets. $0 $70,000 non-current Other Assets.\n reconciliation cash equivalents restricted cash cash flows.\n Years\n Cash equivalents $4,777 $1,008\n Restricted cash\n Total balance 4,849 $1,148"
}
{
    "_id": "d1a731ff4",
    "title": "",
    "text": "Customer Support\n revenues maintenance agreements. support upgrades. from current sales renewal agreements. revenues license revenues. agreements twelve months renewable. reviews renewal rates service performance. June 30 2019 renewal rate 91% stable 2018.\n technical support personnel costs third party royalty costs.\n revenues increased $15. 4 million 1. 3% June 2019 up 3. 1% $23. 2 million foreign exchange rate changes. Americas $12. 9 million EMEA $3. 9 million decrease Asia Pacific $1. 5 million.\n decreased $9. 5 million June 2019 labour-related costs $9. 9 million increase other miscellaneous costs $0. 4 million. gross margin percentage revenues increased 90% from 89%.\n revenues $1,246. 3 million higher $13. 8 million.compared prior fiscal year. $23. million foreign exchange rate changes. change increase Americas $13. million EMEA $2. 7 million offset decrease Asia Pacific $1. 9 million.\n Ended June 30\n 2019\n Revenues\n Americas $718,209 $12,924 $705,285 $122,870 $582,415\n EMEA 427,712 423,773 103,145 320\n Asia Pacific 101,994 103,446\n Revenues 1,247,915 15 1,232,504 251,402\n Revenues 124,343 133,889\n Profit $1,123,572 $24,957 $1,098,615 $240,078 $858,537\n Margin.\n Revenues\n Americas.\n EMEA.\n Asia Pacific."
}
{
    "_id": "d1b3869bc",
    "title": "",
    "text": ". Income Taxes\n Judgments Estimates\n subject changing tax laws jurisdictions. business activities include transactions tax outcome uncertain revenue sharing reimbursement Group entities. income taxes subject audits domestic foreign. income tax provisions judgment uncertain tax treatment effect. facts circumstances tax treatment specifics jurisdiction tax laws interpretation.\n deferred tax asset judgment future taxable profits. evidence historical taxable income projections future income. judgment based on assumptions market conditions profits.\n Judgment interest penalties income taxes. local tax laws interpretations IFRS financial reporting.\n Tax Expense by Geographic Location\n € millions 2019 2018 2017\n Current tax expense\n Germany 625  733 935\n Foreign 1,153 1,019 716\n Total tax expense 1,778  1,752  1,651\nDeferred tax\n Germany\n Foreign\n tax income –552 –241\n income 1,226 1,511"
}
{
    "_id": "d1b35e62e",
    "title": "",
    "text": ". BENEFIT PLANS\n accumulated benefit obligation\n-end\n Projected obligation $60,437 $51,499\n Accumulated 55,941 47,713\n assets 12,997"
}
{
    "_id": "d1b38eba8",
    "title": "",
    "text": "NantHealth\n Statements Loss\n notes Statements.\n Ended December 31,\n Net loss $(62,762) (192,152\n income foreign currency\n Comprehensive loss $(62,633) $(192,355)"
}
{
    "_id": "d1b315f0a",
    "title": "",
    "text": ". MANAGEMENT DISCUSSION ANALYSIS FINANCIAL CONDITION RESULTS OPERATIONS States Dollars\n Contractual Obligations\n commitments term loan operating leases office facilities. table summarizes commitments obligations cash December 31, 2019.\n principal balance term loan repaid quarterly amortization 0. 25% per quarter balance due maturity\n Variable interest payments interest rate December 31, 2019 maturity.\n Amounts quarterly commitment fee 0. 375% per annum $100 million loan unused matures March 29, 2023.\n operating leases office space. rent escalations concessions. Rental payments charged evenly lease term. future lease cash obligations.\n payments TRA Parties not reflected. Part I Item 1A Note 13.\n payments TRA not reflected obligations. Part I Note 13.\n 1-3 3-5 5\n Term $393,000 $4,000\n Interest 100,382 19,575 38,550 37,750\n loan 1,310\n Operating 15,398 4,491 8,596\n obligations $510,090 $28,441 $55,896 $48,246 $377"
}
{
    "_id": "d1b35eeda",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n 8 Costs Exit Restructuring Activities\n 2016 Plan\n 2016, production Elkhart research development center. organizational changes implemented locations. 2017 revised $1,100 relocation headquarters Lisle plant Bolingbrook. Restructuring charges $4,284 $4,559 $4,139 2019 2018 2017. total restructuring liability $233 $668 December 31, 2019 2018. additional costs expensed.\n table restructuring charges Plan actual costs December 31, 2019\n currency travel legal charges.\n 2016\n Workforce reduction $3,075 $3,340\n Building equipment relocation\n Asset impairment\n Other charges\n Restructuring charges $13,400"
}
{
    "_id": "d1b3a9868",
    "title": "",
    "text": "Administrative Expenses\n increased $38 million 36% 2019 2018. employee compensation $15 million headcount growth one-time termination charge $3 million. acquisition Smooch $3 million share compensation $3 stock options. allocated shared costs $3 million\n increased $22 million 27%, 2018 2017. compensation $15 million headcount shared costs $3 million.\n Ended December 31\n 2018\n Administrative $ 141,076 $ 103,491 81,680 36% 27%"
}
{
    "_id": "d1b2f0c14",
    "title": "",
    "text": "\n December 31, 2019 debt.\n unamortized discounts issuance costs $25 million $24 million. Note 14 Credit Facilities Statements.\n Short-term borrowings $ 98. 232.\n long-term debt 16. 4\n 115. 237.\n 3,698. 3,236.\n 3,814. 3,474.\n equivalents (262. (271.\n debt $ 3,551. 3,202."
}
{
    "_id": "d1b2f3d88",
    "title": "",
    "text": "Property Equipment\n quarter 2019 Company San Jose California March 31, 2020. accelerated amortization leasehold improvements 2020. net value $0. 9 million amortized March 31, 2020.\n Computer software $3,011,167\n Machinery equipment\n Furniture fixtures 1,115\n Leasehold improvements 3,897\n 8,722\n depreciation amortization\n $1,226 $2,343"
}
{
    "_id": "d1b3983ba",
    "title": "",
    "text": "Item 6. Selected Financial Data\n table consolidated financial data periods. December 31, 2019 2018 2017 balance sheet data derived from audited financial statements Form 10-K. December 2016 2015 balance sheet data derived not included report 10-K.\n results operations not indicative results future. audited financial statements prepared U. S accounting principles (“GAAP”). data read “Management’s Discussion Analysis Financial Condition Results audited financial statements notes 10-K.\n Loss year December 31, 2019 included $1,004 million impairment charges non expense $170 settlement pension plans $80 million restructuring charges. Item 7. Note 11 “Pensions Post-Retirement.\n Loss year December 31, 2018 included $1,411 million impairment charges Connect $139 million restructuring charges.\nDecember 2017 $80 million restructuring charges.\n 2016 $105 million charges.\n 2015 $51 million restructuring charges gain $158 million Nielsen Catalina Solutions $8 million charge Venezuelan currency exchange rate.\n Depreciation amortization expense assets $205 million $220 $219 $210 million $205 million December 2019 2018 2017 2016 2015,.\n Year December\n 2015(5)\n Operations Data\n Revenues $6,498 $6,515 $6,309\n Depreciation 756 675 640 603 574\n Operating income(loss (93) (475) 1,214 1,098\n Interest expense 397 394 374 333\n Income operations (403) 440 507 575\n common share.\n.\n dividends share. 11. 39. 21.\n MILLIONS 2019\n assets $14,319 $15,179 $16,866 $15,730\n-term debt leases 8,309 8,387 8,441 7"
}
{
    "_id": "d1b3579be",
    "title": "",
    "text": "Deferred contract costs current prepaid expenses assets net. balances December 31, 2019 2018\n 2019 2018 Partnership recognized $3,757 $2,740 amortization deferred contract costs selling administrative expenses income.\n assessed impairment. charge. no impairment charges December 31, 2019 2018.\n Assets\n Prepaid expenses other $ 3,481 $ 2,921\n Other assets net 2,016 2,193\n Total $ 5,497 $ 5,114"
}
{
    "_id": "d1b395822",
    "title": "",
    "text": ". ACCRUED LIABILITIES\n expenses December 31, 2019 2018\n Advances counsel-of-pocket expenses. Board compensation $0. 4 million accrued unpaid board committee fees. quarter 2020 unpaid fees share compensation value $0. 1 million.\n Advances\n compensation\n accrued expenses\n $1,081"
}
{
    "_id": "d1b2e225e",
    "title": "",
    "text": "December 31, 2019\n Operating revenues. decreased. 0% NT$151,253 million to NT$148,202 million$4,955 million\n due decreased foundry wafer sale. 5% depreciation NTD. sale. 9% average selling price 1. 1% increase wafer shipment 7.\n Operating costs. decreased. 2% NT$128,413 million to NT$126,887 million$4,242 million due decreased depreciation increased direct material costs.\n Gross profit. decreased NT$22,840 million to NT$21,315 million$713 million 2019. decreased. 1% to 14. 4% decline 2. average selling price.\n Operating revenues.\n costs.\n Gross profit.\n expenses\n Sales marketing.\n General.\n Research development.\n Expected credit losses.\nSubtotal (14. 8). 7). 6)\n operating income expenses. 3 4. 5\n Operating 4. 4 8.\n Non-operating income expenses. 7. 4).\n operations tax 5. 1 4.\n tax benefit. 7.\n 4. 5.\n income. 6. 9\n. 3. 7.\n Stockholders 6. 5.\n Non-controlling interests (2.\n income\n Stockholders. 3. 7. 4\n Non-controlling interests (2."
}
{
    "_id": "d1b36a6ae",
    "title": "",
    "text": "Revenue Gross Margin Segment\n business globally Americas EMEA APJC. management allocates resources internal system. Sales segment ordering location. research development sales marketing administrative expenses. amortization acquisition assets compensation settlements contingencies impairments gross margin.\n financial information segment 2019 2018 2017\n recalculate.\n Revenue United States $27. 4 billion $25. 5 billion $25. 0 billion 2019 2018 2017.\n Revenue\n Americas. $30,927 $29,070 $28,351\n EMEA. 12,425\n APJC. 7,877 7,834\n $51,904 $49,330 $48,005\n Gross margin\n Americas. $20,338 $18,792 $18,284\n EMEA. 8,457 7,945 7,855\nAPJC. 4,683\n. 33,479 31,463 30,880\n.\n $32,666,606"
}
{
    "_id": "d1b30edb8",
    "title": "",
    "text": "2019 quarter Asia Pacific revenues grew. 6% Imaging Analog Microcontrollers Americas. 5% Digital Power Discrete EMEA decreased.\n year-over-year revenues grew. 9% Asia Pacific Analog Microcontrollers Imaging. Americas revenues grew. 4% Digital Power Discrete decreased. 8% EMEA lower sales Automotive Power Discrete analog.\n Year-Over\n EMEA $538 $549 $617.\n Americas.\n Asia Pacific 1,856.\n $2,754 $2."
}
{
    "_id": "d1b35f150",
    "title": "",
    "text": "Post-Employment Benefits\n two Post-Employment Benefit Plans healthcare dental vision life insurance retired employees. plans U. S. Canada. employees retired 55 10 years service-retirement healthcare insurance benefits. subject deductibles co provisions limitations. information relates plans.\n Contributions Medicare Part D subsidies. benefits paid. change benefits. status plans obligations assets funded status\n 2019 2018\n benefit obligations\n $ 46. 51.\n Service cost.\n Interest cost.\n Actuarial loss.\n Benefits paid.\n Plan amendments.\n Benefit obligation end period $ 43. 46.\n assets\n value\n Employer contribution.\n Benefits paid.\n end\n Underfunded status.\n Accumulated benefit obligation end year $ 43.46.\n balance sheets\n Current liability (5. 3)\n Non-current liability.\n (43. 5) (46. 4)\n Amounts loss\n actuarial (gain loss. 6).\n credit (2. 6).\n."
}
{
    "_id": "d1b354f66",
    "title": "",
    "text": "EMPLOYEE NUMBERS SEGMENTS\n closing 30/9\n China.\n 92,603 89,574\n Germany 13,711\n Western Europe. 27,207\n Russia 13,960\n Eastern Europe. 29,060\n Asia 8,665\n 7\n 100,520 97"
}
{
    "_id": "d1b35728e",
    "title": "",
    "text": ". Related party transactions\n Group joint arrangements associates pension schemes Directors Executive Committee members 12 “Investments associates 24 employment 22 key management.\n Transactions arrangements\n fees products services network airtime access network infrastructure cash pooling arrangements.\n No transactions affect decisions consolidated financial statements.\n Amounts through VodafoneZiggo Vodafone Idea Vodafone Hutchison Australia Cornerstone Telecommunications Infrastructure Limited. Interest paid market rates.\n Dividends from associates joint ventures disclosed consolidated statement cash flows.\n Sales goods services to associates 27 19\n Purchase\n 194\n 192 199\n Net interest income joint 96 120 87\n Trade balances owed\n 107\n balances owed\n 150"
}
{
    "_id": "d1b387d08",
    "title": "",
    "text": "Years 2019 2018\n tables consolidated statements operations percentage change revenue 2019 2018. amounts reclassified interest income.\n $81. 9 million increase revenue 2019 $46. 3 million 16% increase SaaS license revenue $35. 6 million 27%, increase hardware other revenue. software license revenue increased $2. 1 million $43. 4 million 2019 $41. 3 million 2018. increase Alarm. due growth subscriber base. license fees. increase hardware video cameras sold. Other segment 15% increase SaaS license revenue. increase sales energy management property management HVAC solutions. Hardware revenue segment decreased 13% sales remote access management solution.\n Year Ended December 31,\n Change\n 2019.\n SaaS license revenue $337,375 $291,072 16%\n Hardware other revenue 164,988 129,422 27%\n$502,363,494"
}
{
    "_id": "d1b3682d2",
    "title": "",
    "text": ". Selected Financial Data\n derived operations December 31, 2019 2018 2017 balance sheet data audited financial statements Form 10-K. December 2016 2015 balance sheet derived not report\n historical results not indicative future results read with financial statements notes Part II Item 8 Management’s Discussion Analysis Financial Condition Results Operations Part II Item 7\n amounts years December 2019 2018 prepared Accounting Standards Codification. 606 Contracts Customers. recorded January 1, 2018. amounts other years prepared guidance revenue recognition. disclosed ASC 606 adoption impact Note 2 financial statements Part II Item 8\n amounts 2019 2018 Accounting Standards Codification. 606 Contracts Customers. recorded January 1, 2018. amounts other years guidance revenue recognition. disclosed ASC 606 adoption impact Note 2 Part II Item 8\nYears Ended December 31,\n 2019\n Operations\n Revenue $212,628 $232,223 $235,429,297 $196,285\n Cost revenue $48,881 $51,896\n Gross profit $163,747 $180,327 $182,111 $172,884 $147,883\n Loss $(17,094)\n Net loss $(17,819)\n loss share.\n 76,080\n Balance Sheet\n Cash equivalents securities $129,922 $128,375 $131,134 $114,347 $98,117\n Working capital $123,358 $117,572 $111,076\n Total assets $274,053 $235,876 $224,858 $216,733 $189,892\nrevenue $101,164 $97,966,637\n equity $108,787,883,386,205"
}
{
    "_id": "d1b30755e",
    "title": "",
    "text": "ITEM 6. SELECTED FINANCIAL DATA\n consolidated statements December 31, 2019 2018 2017 balance sheet data derived from audited statements. 2016 2015 balance derived from not. historical results not indicative future. data read with Item 7. Discussion Analysis Financial Condition Results Operations consolidated financial statements information. tables consolidated financial data December 31, 2019 2018 2017 2016 2015 thousands except share data.\n prior Item 1. Business. $28. 0 million expense 2018 agreement legal matter Telephone Consumer Protection Act Item 3. “Legal Proceedings. $1. 7 million interest income $6. 9 million gain other income 2019 promissory note proceeds Item 7. \"Management’s Discussion Analysis Financial Condition Results Operations.\nreported 2016 2015 reclassified interest income.\n December\n Cash equivalents $119,629 $146,061 $96,329 $140,634,358\n Working capital 167,879 152,793 119,433 150,485 131,971\n assets 557,799 440,985 371,641 261,245 226,095\n long-term obligations 115,143 88,126 94,311\n stockholders equity,651 277,589 232,827 191,249 170"
}
{
    "_id": "d1b3170d0",
    "title": "",
    "text": "challenging trends high-end smartphone broadband. leading mobile fixed networks improving experience strong brands enhancements BT Plus 5G placed future.\n revenue growth 3% handset costs SIMonly base price increases voice price reductions.\n EBITDA grew 7% trading costs.\n Capital expenditure 8% increased network spend EE 5G launch 2019. free cash £1,323m down 5% Phones4U dispute increased capital expenditure.\n Mobile churnc stable. 2% fixed churnc. 3% to. 4% price increases.\n Adjusted measures exclude items. cash flow interest pension deficit payments.\n revenue £10,695m operating profit £1,510m\n revenue\n operating costs\n EBITDA 2,534\nDepreciation amortisation 1,024\n profit 1,510 1,384\n expenditure 994\n cash 1,323,389"
}
{
    "_id": "d1b301a6e",
    "title": "",
    "text": "NOTES FINANCIAL STATEMENTS thousands share data\n NOTE 10 Contingencies\n processes create hazardous waste. notified by U. S. Environmental Protection Agency state agencies responsible parties liable for environmental contamination sites. Asheville North Carolina Mountain View California National Priorities List. Environmental Protection Superfund program. accrue liability for remediation activities claims proceedings estimated provide disclosures loss. record contingent loss accruals undiscounted.\n roll-forward remediation reserves expenses Balance Sheets\n activity currency translation adjustments\n legal claims.\n provide product warranties accrue estimated liabilities sale. Warranty estimates information historical experience. accrue specific warranty claims provide disclosures material loss. outstanding warranty claim root cause product performance issue. Testing ongoing. quantify potential impact operations.\nenvironmental warranty claims accrued losses financial position cash flows. liabilities disclosures adjusted information.\n Ended December 31,\n $11,274 $17,067 $18,176\n Remediation expense 2,602\n payments (2,455) (6,967) (1,416)\n activity\n $11,444 $11,274 $17,067"
}
{
    "_id": "d1b2e63f4",
    "title": "",
    "text": "\n income decreased $1. million 2018 2019 lower cash securities balances. expense decreased $8. million unrealized losses equity securities. expense increased $28. million $15. million charge RealWear $11. million pension $3. 3 million gain $8. 2 million loss.\n income $(24. 7) $1.\n expense 23. 31\n expense 29."
}
{
    "_id": "d1b3472e4",
    "title": "",
    "text": "Non-current provisions\n long service leave.\n dilapidation lease arrangements office space. restore premises original lease termination. records future costs assets expiration.\n June 30\n.\n Employee benefits $3,323 $2,094\n Dilapidation provision 2,759\n $6,082 $4,363"
}
{
    "_id": "d1b2f81f8",
    "title": "",
    "text": "Contractual Obligations\n table summarizes obligations commitments April 27, 2019\n outstanding borrowings revolving credit repaid maturity September 2023.\n estimated interest payments debt. Interest rates April 2019 floating-rate debt.\n agreements suppliers production needs. agreements vary duration quantity. short-term minimum purchases requirements-based.\n Payments Due Period\n Less 1 year 1-3 years 3-5 years 5 years\n Capital Leases.\n Operating Leases 34. 7\n 295.\n Estimated Interest Debt 46.\n Deferred Compensation.\n $386. $37. $64. $271. $14."
}
{
    "_id": "d1b314a74",
    "title": "",
    "text": ". Net Loss Per Share\n computed weighted average common stock excluding stock options restricted stock units. Diluted loss average potentially dilutive shares stock options restricted stock units treasury stock method. table basic diluted net loss\n dilutive securities 3. 1 million 4. 5 million. 6 million shares 2019 2018 2017 excluded loss anti.\n include shares anti-dilutive under treasury stock method prices higher average market value Autodesk’s stock. 5 million. 5 million. 1 million anti-dilutive shares excluded 2019 2018 2017.\n Numerator\n Net loss $(80. 8) $(566.\n Denominator\n net loss 218. 219. 222.\n Effect dilutive securities\n dilutive net loss.\n $(0. 37.\n net loss per share. 37)."
}
{
    "_id": "d1b370946",
    "title": "",
    "text": "Discontinued Operations\n October 27, 2017 sell Compute business. received equity interest $36. 5 million assets divested less than. 0% buyer equity. operations discontinued divestiture.\n transition services agreement general administrative functions migration reimbursed costs.\n fiscal year 2019 received $0. 1 million reimbursements expenses. 2018 $3. 6 million expenses.\n 2015, sold Automotive business vision growth profitability.\n Consulting Agreement buyer non-design advisory services two years $15. 0 million recorded $7. 5 million other income years 2017 2016. No income 2019 2018. 2017 received $18. 0 million indemnification escrow.\n Consolidated Statements Operations operating results discontinued operations\n Compute business. Automotive business.\n Fiscal Years\nRevenue\n 2,252\n profit\n expenses\n Research development 5,251 29,167\n Selling administrative\n expenses 43,007\n Loss discontinued (44,599)\n Other income,500\n Gain sale 18,022\n Loss taxes (19,077)\n Income tax provision\n Loss\n Cash flow (10,734 (42,776\n Cash Activities 25,522"
}
{
    "_id": "d1b36367e",
    "title": "",
    "text": "table summarizes activity stock options December 31, 2019\n Company $1,641 unrecognized stock compensation expense. 2. 5 years.\n Weighted-Average Exercise Price Contractual Life Aggregated Intrinsic Value\n Stock options December 31, 2018\n 5,835,724.\n Forfeited expired.\n December 31, 2019 5,815,724. $2,725\n December 31, 2019 137,500. $66"
}
{
    "_id": "d1b34300e",
    "title": "",
    "text": "Income Tax Provision Reconciliation\n difference. federal rate 2019 2017\n statutory rate $841 $2,122 $(1,078)\n valuation deferred tax assets (459)\n Foreign rate differential\n Non-deductible items (151)\n State tax\n Impact tax reform deferred taxes\n Research development credits 1,694\n Foreign income tax\n Stock compensation\n Income tax benefit $3,264 $(3,066) $10,921"
}
{
    "_id": "d1a721b22",
    "title": "",
    "text": "\n 2019\n Subscriber Solutions Experience Customer Devices. SmartRG Solutions represents.\n Network Solutions Services Support\n Access Aggregation $289,980 $58,894 $348,874\n Subscriber Solutions Experience 144,651 8,269 152,920\n Traditional Products 20,595 7,672 28,267\n $455,226 $74,835 $530,061"
}
{
    "_id": "d1b2f7fd2",
    "title": "",
    "text": "management\n Group considers net debt plus equity. debt bank lease financing less unamortised fees cash equivalents note 32. equity Consolidated balance sheet.\n calculation capital table\n IFRS 16 capital 31 March 2018 restated.\n objectives provide returns benefits maintain efficient capital structure cost. dividends return issue new shares increase capital debt.\n 31 March 2019 borrowings £313. (2018 £343. Syndicated credit facility. Interest payable LIBOR margin 1. 2% 2. 1% leverage ratio Auto Trader Group. banking covenants.\n net debt 321.\n equity 59.\n capital 380."
}
{
    "_id": "d1b396074",
    "title": "",
    "text": "Group’s profit excludes depreciation amortisation loss restructuring costs disposal assets associates joint ventures income expense. reconciliation EBITDA profit. Consolidated income statement page 111.\n results associates joint ventures excludes amortisation brand assets restructuring costs. 6 billion (2018. billion. billion\n note 31 “IAS 18.\n 2018 2017\n Adjusted EBITDA 14,139\n Depreciation amortisation loss disposal fixed assets\n results associates joint\n Adjusted operating profit 4,183,216\n Impairment losses (3,119\n Restructuring costs\n Amortisation assets (583)\n Other\n Operating (loss/profit 18\n Impact IFRS 152\n Operating loss (IFRS 15"
}
{
    "_id": "d1b350a7e",
    "title": "",
    "text": "\n 2019 growth 8% £355. 1m £330. Trade Retailer.\n Trade revenue increased 8% £304. 6m £281. 2m. Retailer revenue £293. new products annual pricing event higher advertising. Average Revenue Retailer £149 £1,844. retailer forecourts stable marginal increase 13,240. Trade revenue increased 8% £304. 6m £281. 2m. Retailer revenue grew £293. new products annual pricing event higher yielding advertising. £1,844. forecourts marginal increase 13,240.\n price stock product.\n contributed £50 34% 29%) ARPR growth. annual event April 2018 increase.\n contraction ARPR £22 -15% +13% ARPR growth.reduction new cars lower preregistration consumer uncertainty used car supply first half. Retailer stock recovery second half challenging.\n contributed £121 81% 58%) ARPR growth. new products stock exports profile pages monetised Dealer Finance. April 2018 retailers finance cars 70% eligible retailers. Advanced Premium advertising packages. March 19% cars advertised 12%. small contribution Managing products growth 3,200 customers.\n Revenue £355. 1m +8%.\n Operating profit £243. 7m +10%.\n Cash £258. 5m +13%.\n Cash returned shareholders £151. 1m £148.\n Retailer 293. 9%\n Home trader. (11%)\n Other. 27%\n Trade. 8%\n Consumer Services. (6%\n Manufacturer Agency.19. 18%\n. 330."
}
{
    "_id": "d1b3992ba",
    "title": "",
    "text": "GasLog. Subsidiaries\n consolidated financial statements\n 2017 2018 2019\n amounts. Dollars\n Vessels construction payments capitalized expenditures. December 2019 paid $197,637 expects remaining installments launching delivery.\n vessels costs\n shipyard installments 152,075 197,637\n Onsite supervision costs 5,766 3,879\n spare parts equipment delivery expenses\n 159,275 203,323"
}
{
    "_id": "d1b2f89dc",
    "title": "",
    "text": "Corporation exposed to credit risk trade accounts. monitors financial condition reviews credit history. establishes allowance credit losses doubtful accounts. calculated larger accounts statistically derived remainder.\n current economic conditions data historical information examined. allowance credit risk.\n credit policies controls limits payment terms. large clientele Canada United States no significant concentration credit risk.\n details trade receivables allowance doubtful accounts\n August 31, 2019\n Trade accounts receivable 74,021 95,541\n Allowance doubtful accounts (6,759)\n 67,262 89,044\n Other accounts receivable 8,390 8,250\n 75,652 97,294"
}
{
    "_id": "d1b3c278c",
    "title": "",
    "text": "table shows value DB pension plan assets category.\n Equity securities $15 million BCE common shares. 06% December 2019 $8 million. 03%.\n Debt securities $53 million Bell Canada debentures. 21% $68 million. 30%.\n Alternative investments $135 million. 53% $135 million. 59% 2018.\n Bell Canada pension plan longevity covers $4 billion post-employment benefit obligations.\n. no cash contributions BCE.\n DECEMBER 31\n markets\n Equity securities\n 1,017\n Debt securities\n Money\n Non-observable markets\n Alternative investments\n Private equities 2,119\n Hedge funds\n Real estate\n Other\n"
}
{
    "_id": "d1a732f9e",
    "title": "",
    "text": ". SECURITY OWNERSHIP BENEFICIAL OWNERS\n Securities Equity Compensation Plans\n table August 31, 2019 compensation plans Accenture plc A shares\n 68,253\n 19,464,437 3,751 options\n exercise price.\n remaining information proxy statement 2020 Annual General Meeting Shareholders Accenture January 30,. proxy SEC 120 days 2019 fiscal year Form 10-K.\n Category Shares Options Warrants-Average Exercise Price shares Future Issuance Equity Compensation Plans\n Equity compensation plans\n 2001 Share Incentive Plan 68,253\n 2010 Share Incentive Plan 19,468,186.,684,906\n 2010 Employee Share Purchase Plan 30,454,275\nEquity plans\n 19,536,441 47,139,181"
}
{
    "_id": "d1b31ae60",
    "title": "",
    "text": ".\n March 31, 2017 Company entered\n $400. million syndicated credit facility March 2022. Interest borrowings accrue variable rates LIBOR Rate senior unsecured long-term debt. margin LIBOR 1.% to 1. 75%. Base Rate loans.% to. 75%. pays quarterly commitment fee. 125% to. 400%. Debt Rating unused $400. million. letter of credit fees 1.% to 1. 75%. prepay re-borrow loans terminate reduce commitments. June 30, 2019 $6. million issued letters credit $19. 7 million short-term borrowings balance $374. 3 million. borrowing rate 3. 90%.\n subject covenants minimum interest coverage ratio 3. 50 to 1. consolidated earnings before interest. debt to capital ratio less than 55 percent.debt to capital ratio defined Credit Agreement consolidated indebtedness capitalization. June 30 2019 Company covenants Agreement.\n Long-term debt\n maturities $0. million 2020 2021 $250. 2022 $300. 2023 $0. 2024.\n 2019 2018 2017 interest costs $31. $31. $31. million $5. million $2. 8 million $1. 3 million capitalized property plant equipment software.\n unsecured notes. 20% due July 2021 $250.\n. 45% due March 2023 $300.\n.\n Long-term debt current portion $550. $545."
}
{
    "_id": "d1a7324d6",
    "title": "",
    "text": "OPERATIONS\n December 2019 shipping revenues decreased $10,616 2. 9% 2018. three fewer vessels one less Government Israel voyage. offset two new vessels fourth quarter 2019.\n Reconciliations TCE revenues shipping revenues\n TCE revenues charter time charter.\n information assists financial performance.\n Years Ended December 31,\n 2018\n Time charter revenues $335,133 $326,707\n Voyage expenses 20,414 39,456\n Shipping revenues $355,547 $366,163"
}
{
    "_id": "d1a721fa0",
    "title": "",
    "text": ". Receivables\n allowance doubtful accounts not collectable. reduction unpaid deferred revenue future obligations billed unpaid. Deferred revenue future obligations billed collected.\n note receivable sale 2005 $540 thousand. reserved collectability. reserved December 31, 2019 2018.\n Gross receivables $ 21,193 $ 14,135\n Allowance returns doubtful accounts\n Unpaid deferred revenue (10,847\n Note receivable\n Receivables net $ 10,081 $ 3,188"
}
{
    "_id": "d1b3adc10",
    "title": "",
    "text": ". Net Income (Loss) per Share\n Company calculates earnings average shares common. diluted earnings common stock equivalents treasury stock method. options purchase common stock stock awards Convertible Senior Notes common stock equivalents.\n Company settle Convertible Senior Notes cash excess uses treasury stock method dilutive effect conversion spread income.\n conversion spread income average market price exceeds conversion price $113. 75 per share Convertible Senior Notes. years July 2019 2018 average common stock price below conversion price Convertible Senior Notes.\n basic diluted net income per share 2019 2018 2017\n Net income (loss $20,732 $(26,743)\n.\n.\n average shares net income (loss per\n81,447,998 77,709,592,994,577\n 229,035 544,520\n 1,004,181,246\n 82,681,214,709,592"
}
{
    "_id": "d1b3bf01e",
    "title": "",
    "text": "reconciliation\n accounts receivable inventories property plant equipment.\n Fiscal Year\n millions\n Transportation 4,781 4,707,084\n Industrial Solutions 2,100 2,049\n Communications Solutions\n 6,944\n 1,398 1,981 2,141\n non-current 10,566 10,690,318\n $ 19,694 20,386 19,403"
}
{
    "_id": "d1b39dfc2",
    "title": "",
    "text": "Share Repurchase\n December 18, 2019 Board expiration date stock repurchase program $25. 1 million $50. million. December 31, 2019 $50. million future repurchases. repurchased 1. 7 million $95. 1 million. 4 million $30. million 2018 2017. no shares repurchased 2019. CASH FLOWS\n cash operating investing financing\n Years Ended December 31,\n $47,899 $151,427\n 48,392 151,271\n (393,847) (113,592)\n financing,840 (97,134\n CURRENCY TRANSLATION CASH (1,496)\n CASH EQUIVALENTS\n 415,037\n 346,441\n Less cash discontinued operations 5\n$346,441 $349,301"
}
{
    "_id": "d1b30268a",
    "title": "",
    "text": "Accountant Fees Services\n review KPMG. Audit Committee annually. KPMG rotates audit. Audit Committee non-audit services independence KPMG.\n KPMG services 2019 2018. impair independence NortonLifeLock. fees 2019 2018\n categories Item 9 Schedule 14A Exchange Act\n year-end examination quarterly reviews consultation SEC filings acquisitions divestitures statutory audit fees.\n related assurance services.\n tax compliance advice.\n other non-audit services information technology audits.\n accounting firm KPMG supplemental audit NortonLifeLock. accounting firm majority outside tax services.\n Fees Billed NortonLifeLock FY19 FY18\n Audit fees(1) $12,464,329 $11,370,525\n Audit related fees(2) 1,142,383 753,689\n Tax fees(3) 161,685 469,449\n\n $13,768,398 $12,904,663"
}
{
    "_id": "d1b318cf0",
    "title": "",
    "text": "\n Group shareholder value return capital. equity debt compound financial instrument. debt equity capital markets efficiency flexibility.\n key metrics net external debt debt assets ratio interest cover. preference debt to assets ratio 40–50 per cent interest cover greater 1. 60x. debt to assets ratio increased 67. per cent property revaluation. revised strategy debt assets ratio below 50 per cent. chief review pages 6 to 8. interest cover ratio above preferred level.\n debt secured joint ventures metrics monitored. pages 157 to 161.\n Total borrowings. 5,331.\n Cash (223. (274.\n Net debt. 5,056.\n compound financial instrument (195.\n Net external debt 4,498. 4,867.\n joint ventures. 5,141.\n (223.\n 4,498.,867."
}
{
    "_id": "d1b373f4c",
    "title": "",
    "text": "Stock compensation expense 2019 2018 2017 summarized\n Company granted stock options shares. 2017 per share value $4. 62 before forfeitures.\n total value restricted stock awards units $30. 1 million $30. 4 million $22. 7 million.\n intrinsic value options $0. 2 million $1. million $5. 5 million. calculated difference market value price.\n 2019 unrecognized stock compensation balance forfeitures $0. 1 million unvested stock options. $40. 3 million stock awards units.\n December 31, 2018 unrecognized compensation balance after forfeitures $0. 3 million. $40. 6 million stock awards.\n Employee stock options $219 $438 $1,980\nstock awards 29,031 27,974 28,909\n Employee\n compensation $31,554"
}
{
    "_id": "d1a739b32",
    "title": "",
    "text": "Credit Quality Financing Receivables\n unearned income July 27, 2019 28, 2018 summarized\n credit loss risks financing receivables. financing lease loan service contracts.\n ratings 1 4 investment 5 6 non-investment. 7 substandard.\n INTERNAL CREDIT RISK RATING\n July 27, 2019 1 4 6\n Lease receivables $1,204 $991 $2,230\n Loan receivables 3,367\n Financed service contracts 1,413\n $5,984 $3,850"
}
{
    "_id": "d1b3b55fa",
    "title": "",
    "text": "Net Loss Per Share\n Company calculates loss. excluded dilutive shares options unvested units from anti-dilutive losses.\n dilutive equivalents excluded from March 31, 2019 2018 2017 anti-dilutive\n Year Ended March 31,\n 2019 2018 2017\n Share options outstanding 6,209 6,230 8,681\n Unvested RSUs 550 33"
}
{
    "_id": "d1b3a6fa0",
    "title": "",
    "text": "Expense\n Interest income 2019 increased higher yield. Interest expense increased $2. 5 billion senior notes. 24 decreased 2017 conversions 2018 2041 Convertible Notes retirement 2018 Convertible Notes 2018.\n gain deferred compensation plan assets fair market value underlying funds.\n loss impairment investments investments foreign repatriation 2017. tax reform.\n loss extinguishment debt 25 2017 redemption Senior Notes 2023 2026 termination Term Loan Agreement.\n 2018 2017\n Interest income $98,771 $85,813 $57,858\n Interest expense (117,263) (97,387\n Gains deferred compensation plan assets 10,464 14,692\n Loss impairment investments (42,456\n extinguishment debt 118,252)\ngains 826 (3,382)\n (11,077) (19,332\n,161,459"
}
{
    "_id": "d1b3125e4",
    "title": "",
    "text": "Company recognizes Financial Statements tax positions likely. unrecognized tax benefits\n benefits tax rate $68. 2. Interest penalties $1. 8 2019 income tax expense. penalties $8. 7 December 31, 2019 $6. 9 December 31, 2018. next twelve months tax benefits decrease $6. 3 due statute limitations lapses.\n Company subsidiaries subject examinations. federal tax state city foreign jurisdictions. federal income tax returns 2016 open statutes vary. additional tax.\n Tax Act signed. law December 22, 2017. reduction. corporate income tax rate 35% to 21% mandatory repatria tion tax foreign earnings modified territorial taxation system.\n SEC released Staff Accounting Bulletin. 118 22, 2017 accounting. provisional adjusted.company estimate provisional amounts recorded until measurement period. extends until information obtained analyzed no 12-months from enactment Tax Act.\n Company distribute unremitted foreign earnings future earnings without. tax cost. differences foreign subsidiaries indefinitely reinvested.\n Beginning balance $ 63. $ 52. $ 38.\n Additions tax positions prior periods 2.\n.\n Additions acquisitions.\n Reductions tax positions prior periods.\n Reductions settlements taxing authorities.\n lapses statute limitations.\n Ending balance $ 69. 8 $ 63. 6 $ 52."
}
{
    "_id": "d1b381688",
    "title": "",
    "text": "Goodwill\n table carrying goodwill 2019 2018. CGUs segments.\n Balance January 1, 2018 3,032 4,497 2,899 10,428\n December 31, 2018 3,048 4,679 2,931 10,658\n December 31, 2019 3,048 4,673 2,946 10,667"
}
{
    "_id": "d1b399788",
    "title": "",
    "text": "Restricted Stock Units\n activity\n Performance-Based Stock Units\n eligible vest fiscal year three-year annual growth rate net sales non-GAAP diluted earnings per share four times results fourth quarter 2018 peer.\n performance-based units granted 2019 60% net sales 40% non diluted earnings per share. maximum percentage 50% target units vesting capped 30% 100% years one two.\n December 31, 2019 probable achieve performance metrics expected revenue non-GAAP diluted EPS results growth rates.\n Shares Weighted-Average Grant-Date\n Value per Share\n December 31, 2018 3,263. 23\n Granted.\n Vested. 16\n Canceled.\n December 31, 2019 2."
}
{
    "_id": "d1b3babf4",
    "title": "",
    "text": ". INCOME TAX\n table summarizes. income operations taxes\n Ended December 31\n 2018 2017\n States $65. $62. $45.\n.\n $66. $62. $45."
}
{
    "_id": "d1b362d1e",
    "title": "",
    "text": "operations\n performance fiscal year last\n. Directors believe information additional IFRS measures financial performance. include EBITDA EPSa. measures defined Chairperson Chief Executive Officer’s Joint Report page 2.\n 2019 business strong results record 2018 year. Revenues EBITDA line guidance. details Joint Report page 2.\n 1 June 2019 Hansen acquired Sigma Systems FY19 result. transaction restructuring costs acquisition separately disclosed.\n acquisition re-balancing market portfolio Utilities sector. revenues Communications-balanced diversification industries regions clients.\n generated operating cash flows $39. 7 million external debt fund dividends $12. 6 million. higher level debt June 2019 Sigma acquisition 100% acquisition. Hansen service retire debt.\n Operating revenue.\n.\n21. 28. (25. 6%\n 31. 38. 9%)\n earnings 10. 14. 4%\n. 19. 6%"
}
{
    "_id": "d1b307c48",
    "title": "",
    "text": ". Prepaid Expenses\n maintenance $6,218 $5,888\n insurance 5,321 4,500\n software 4,236\n rent 3,471\n 4 $20,868 $23,754"
}
{
    "_id": "d1b3c4514",
    "title": "",
    "text": "Fiscal 2017 Restructuring Plan\n restructuring. workforce reductions facility consolidations. judgments. liability adjustments. quarterly revise assumptions estimates.\n $41. 9 million recorded charges. further charges.\n reconciliation liability June 30 2019 2018.\n Fiscal 2017 Restructuring Plan Workforce reduction Facility costs\n Balance June 30, 2017 $10,045 $1,369 $11,414\n Accruals adjustments 7\n Cash payments (12\n non-cash adjustments 455\n June 30 2018 $1,590 $3,431 $5,021\n Accruals adjustments (254)\n Cash payments (1,290)\n non-cash adjustments\n June 30, 2019 $1,046 $2,949 $3,995"
}
{
    "_id": "d1b2ef5c6",
    "title": "",
    "text": "Trade Payables\n non interest-bearing settled 30-day terms suppliers.\n 31 March 2019 2018\n 35. 8 39. 6\n 46. 68.\n security taxes 12. 7 14.\n. 11.\n 102. 134.\n Non-Current\n 10. 8\n non-current."
}
{
    "_id": "d1b396fce",
    "title": "",
    "text": "Orders revenue 2019 growth imaging regions China U. S. currency translation.\n Adjusted EBITA up 2018 increases imaging therapies. diagnostics lower Atellica Solution. Severance charges € 57 million 2019 € 96 million 2018. order backlog Siemens Healthineers € 18 billion € 6 billion\n revenue 2020.\n demand Siemens Healthineers price pressure increased utilization rates. markets healthy higher growth Europe. Africa Middle East Americas imaging advanced. Asia Australia grew moderately. S. slight growth imaging advanced therapies\n moderate diagnostics.\n U. S. challenging\n reimbursement\n utilization.\n Government initiatives growing private market segment-stabilization growth. consolidation\n higher utilization rates volume growth. Competition high. 2020 Siemens imaging advanced moderate growth diagnostics.Siemens Healthineers’ markets trends restricted public spending consolidation healthcare.\n expects Asia Australia growth. China growth government spending private segment aging population chronic diseases. Growth U. S. equipment reduced reimbursement uncertainty policies. Europe slight growth emphasis equipment replacement business hospital chains.\n Fiscal year\n.\n Orders 15,853 14,506 9 %\n Revenue 14,517 13,425 8 %\n Adjusted EBITA 2,461 2,221 11 %\n margin. %."
}
{
    "_id": "d1a73dc6e",
    "title": "",
    "text": "Consolidated income statement\n year 31 March 2019\n Group adopted IFRS 9 15 Contracts 16 1 April 2018. year 31 March 2018 restated IFRS 16 retrospective method. impact change accounting policies note 2 consolidated financial statements.\n Revenue 355. 330.\n Administrative expenses (112.\n profit joint ventures.\n Operating profit 243. 221.\n Finance costs.\n Profit sale subsidiary.\n Profit before taxation 242. 210.\n.\n Profit equity holders 197. 171.\n Basic earnings per share\n.\n earnings share\n."
}
{
    "_id": "d1b2f6402",
    "title": "",
    "text": "Liquidity risk\n future obligations. analysis headroom operational requirements investments. treasury policy cash securities facilities. Undrawn borrowing facilities detailed note 23. interest rate refinancing risk. lowest cost.\n average debt maturity over five years. 31 December 2019 five years (2018 six years. reviews maturity concentration replacement facilities maturity dates. Refinancing risk prior contracted maturity date. change valuation impact.\n supplier financing liquidity risk.\n tables maturity analysis financial liabilities obligations interest repay principal. rates par yield curve. foreign currencies spot exchange rate balance sheet.\n Within 1 1–2 years 2–5 years Over 5 years Total\n Borrowings (including interest (249. 5) (1,091. 3) (2,600. 9) (1,716.(5,657.\n Finance lease obligations (5. (14. (104. (129.\n liabilities (15. (1 (16.\n (34. (28. (364.\n. (1,125. (6,168.\n 2018\n 1 1–2 years 2–5 5\n Borrowings (237. (245. (3,259. (2,408. (6,150.\n Finance lease obligations (4. (13.\n financial liabilities (6. (1. (7.\n derivative payments (37.\n. (284. (3,346. (2,761. (6,677.\n"
}
{
    "_id": "d1b3bdcf0",
    "title": "",
    "text": ". Segment Geographical Information\n Company single segment.\n table revenues geographic location merchants\n US $000 amounts\n December 31, 2019 31, 2018\n Canada 96,168. 70,774.\n United States 1,079,520.,454.\n United Kingdom 103,498.\n Australia 68,571. 47,937.\n World 230,416. 129,468.\n 1,578,173. 1,073,229."
}
{
    "_id": "d1b3922ee",
    "title": "",
    "text": "RSUs/PSUs\n granted executives employees. equal BCE common share. Dividends RSUs credited equivalent BCE common shares. position contribution. vest after three years employment objectives.\n RSUs/PSUs December 31, 2019 2018.\n value $58 2019 $57 2018\n vested 2019 settled February 2020 BCE common shares.\n RSUs/PSUs\n January 1 2,812,697 2,740,392\n Granted 975,348 1,006,586\n 149,648\n Settled,133,321\n Forfeited\n 31 2,915,118 2,812,697\n Vested 904,266 880,903"
}
{
    "_id": "d1b3408c2",
    "title": "",
    "text": "consolidated results\n unaudited financial information presents combined results acquisitions MOI GP January 1, 2018. includes depreciation amortization intangible assets elimination transaction expenses. Transaction-related expenses excluded $1. 0 million December 31, 2019. no December 31, 2018. data informational not indicative consolidated results future. operational synergies not reflected. results differ.\n Years Ended December\n 2019 2018\n Revenue $72,576,902 $60,249,896\n Income operations $6,912,802 $1,559,008"
}
{
    "_id": "d1b3b10cc",
    "title": "",
    "text": ". Deferred Charges Assets\n December\n Trade accounts noncurrent $26,496 $15,948\n Equity investments 9,254\n deferred tax 6,774\n Rent deposits 6,106 5,687\n Value tax receivables\n $55,945 $43,364"
}
{
    "_id": "d1b327b92",
    "title": "",
    "text": "\n. increased 9% $651 million. products 8% services 20%. sales\n NorthAmerica $6,024,305 $5,362,981 12%\n EMEA 1,526,644 1,530,241\n APAC 180,241 186,914\n Consolidated $7,731,190 $7,080,136"
}
{
    "_id": "d1b33dc58",
    "title": "",
    "text": "amortized cost value cash June 30, 2019\n Company investments liquidity 12 months. investments 12 short-term Consolidated Balance Sheets.\n one year less $4,842,996 $4,844,145\n five 331,707 333,019\n five years 41,612 41,756\n $5,216,315 $5,218,920"
}
{
    "_id": "d1b38b426",
    "title": "",
    "text": "Depreciation Amortization\n software 2018 $1. 7 million. Deferred contract costs 2019 2017 $6. 2 million $3. 4 $3. 3 million.\n $97. $94. $84.\n intangible assets 59. 67.\n Deferred contract costs 42.\n Property equipment 36. 32 29.\n $236. $217. $206."
}
{
    "_id": "d1b3b0e1a",
    "title": "",
    "text": "13 TAXES INCOME\n. Deferred income taxes\n differences assets liabilities. Company deferred tax assets\n December 31, 2019 full valuation allowances $19,911 deferred tax assets tax loss carryforward differences. losses deferred tax.\n December 31\n.\n Operating loss carryforward 73,260 57,768\n Net deferred tax asset valuation allowance 19,911 15,916\n Net deferred tax asset 795"
}
{
    "_id": "d1b32a6d0",
    "title": "",
    "text": "Global Financing $1,400 million $2,632 million gross margin. 58. 8 percent. pre-tax income $1,055 million decreased 22. percent return equity decreased. 25. 8 percent.\n revenue decreased 17. percent. internal revenue 23. percent equipment sales. $862 million financing. $370 million. External revenue declined 11. percent financing. $1,120 million used equipment sales. $281 million.\n financing lower balances higher yields. financing OEM financing.\n used equipment 43. 4 percent 48. 5 percent revenue. lower volume. gross profit margin 52. 2 percent 54. percent.\n pre-tax income decreased 22. 5 percent gross profit$422 total expense$115 shared expenses lower provision credit losses sale commercial financing.\n return equity lower net income. after-tax income return.\n\n year December 31.\n revenue $1,400 $1,590.\n Internal 1,232 1,610.\n $2,632 $3,200.\n Pre-tax $1,055 $1,361."
}
{
    "_id": "d1b32ff9a",
    "title": "",
    "text": ". Net Income Per Share\n computed common stock. Diluted income potentially dilutive securities treasury stock method. dilutive securities include unvested restricted stock units stock options VMware’s stock. Securities excluded anti-dilutive. VMware two-class method basic diluted earnings same.\n table weighted-average equivalents Class A stock excluded anti-dilutive\n January 31, 2020 February 1, 2019 2, 2018\n Anti-dilutive securities\n Employee stock options 34 50 51\n Restricted stock units 315 255 140\n Total 349 305 191"
}
{
    "_id": "d1b32424e",
    "title": "",
    "text": "\n long-lived assets property equipment right use location\n United States $35,964 $5,525\n Japan 2,689 1,108\n 2,017\n $40,670 $7,262"
}
{
    "_id": "d1b391948",
    "title": "",
    "text": "Credit Agreement 2026 Notes incurrence indebtedness mergers advances investments transactions business sale assets. mandatory prepayment provisions. Company consolidated leverage interest coverage ratio. repay amounts. December 31, 2019 financial debt covenants.\n Total debt\n Term loans $756,060 $284,959\n Revolving credit facility 239,000\n. 750% Senior Notes due August 2026 400,000\n Debt issuance costs (21,905\n Total debt 1,373,155\n term credit facility 38,950 23,747\n (4,802\n long-term debt $1,339,007 $650,989"
}
{
    "_id": "d1b31523a",
    "title": "",
    "text": "maximum credit risk assets balance\n excludes £445m 2016/17 non-current trade £1,456m prepayments deferred contract costs.\n 2019 2018\n 31 March\n financial assets 1,592 2,246\n Investments 3,268 1,564\n Trade receivables 1,766 2,518 2,729\n Contract assets 1,602\n Cash equivalents 1,666\n 9,894 7,067"
}
{
    "_id": "d1b2edd52",
    "title": "",
    "text": ". Debtors\n Amounts undertakings non-bearing unsecured no fixed date repayment.\n Amounts undertakings 414.\n Deferred tax.\n 415."
}
{
    "_id": "d1b33a76a",
    "title": "",
    "text": "CONTINGENCIES\n obligations payments\n interest principal. 10-Term Debt\n $30. 7 million sublease income properties.\n Payments\n July 1 2020\n Long-term debt obligations $3,408,565 $147,059 $292,156 $1,045,567 $1,923,783\n Operating lease 318,851 72,853 106,394\n Purchase obligations 11,280 8\n $3,738,696 $228,276 $401,297 $1,105,177 $2,003,946"
}
{
    "_id": "d1b370770",
    "title": "",
    "text": "table shows. international assets measured Level 3 inputs.\n Balances December 31, 2018 revised 10-K changes leveling classification. reclassifications impact value pension plan assets.\n Purchases Level 3 bulk annuity contracts international plans.\n Balance $ 150. $ 71.\n Gains end 16.\n Purchases sales. 103.\n Transfers Level 3.\n Foreign exchange gain.\n Balance end $ 180. $ 150."
}
{
    "_id": "d1b32f496",
    "title": "",
    "text": "\n three-month period August 31, 2019 average foreign exchange rate. 3222 USD/CDN.\n Fiscal 2018 IFRS 15 accounting policy Cogeco discontinued operations. policies operations sections.\n Fiscal 2019 translated average foreign exchange rate. 3100 USD/CDN.\n 2019 fourth-quarter revenue increased. 1%. 7% growth American broadband services FiberLight acquisition. stable revenue Canadian broadband services rate increases decreases video telephony services new customer management system.\n months August 31, currency Foreign exchange impact\n Canadian broadband services 319,935 319,741.\n American broadband services 263,738 246,443.\n 583,673 566,184."
}
{
    "_id": "d1b33c038",
    "title": "",
    "text": "Volatility semiconductor memory storage affect business.\n experienced volatility declines. below manufacturing costs. business financial condition.\n change prices\n 2019 from 2018 (30)% (44)%\n 2018 2017 37% (8)%\n 2017 2016 19% (7)%\n 2016 2015 (35)% (19)%\n 2015 2014 (11)% (15)"
}
{
    "_id": "d1b32d916",
    "title": "",
    "text": "acquisition Norstel $43 million goodwill ADG segment.\n quarters 2019 2018 Company performed annual impairment test. qualitative assessment. two-step process. compared fair value units carrying value. no impairment recorded exceeded carrying value.\n Goodwill December 31, 2019 2018 net impairment losses $102 million $96 million MDG segment $6 million Others. 2019 2018 2017 no impairment loss recorded.\n Automotive Discrete Group Microcontrollers Digital ICs Group Analog, MEMS Sensors Group\n December 31, 2017\n December 31, 2018\n December 31, 2019"
}
{
    "_id": "d1b319038",
    "title": "",
    "text": "Shareholder Return Awards\n 2019 2018 2017 Company granted awards. performance shares earned return peer companies three-year. payout 0% to 200%. Monte Carlo simulation model. recognizes compensation expense grant value.\n estimated weighted-average assumptions\n Years Ended December\n Expected life (years 2. 8. 9.\n Interest rate. 5%. 4%.\n Volatility 29. 3%. 5%\n Expected dividend yield"
}
{
    "_id": "d1b3a41c4",
    "title": "",
    "text": ". Subsidiaries\n advances interest-free unsecured settlement.\n investment Singtel Group Treasury. guarantees loans April 2010.\n subsidiaries Note 44.\n 31 March 2019 1 April 2017\n Unquoted equity shares 14,259. 13,676. 11,001.\n Shareholders' advances 5,733. 6,423.\n investment subsidiary 32.\n 20,025. 19,441. 17,457.\n impairment losses.\n 20,009. 19,425. 17,441"
}
{
    "_id": "d1b2f0e94",
    "title": "",
    "text": "INTEREST EXPENSE\n components\n $25,633 2019 $30,890 2018. refinancing term loan capitalized vessels construction.\n Years Ended December 31,\n 2018\n before rate caps $25,633 $30,709\n $25,633 $30,890"
}
{
    "_id": "d1b33f3be",
    "title": "",
    "text": "Fiscal Year September 27, 2019 28, 2018\n. 2019 decreased $70. 7 million. 4% $499. million $570. million 2018. primary markets\n 2019 Telecom market revenue decreased $42. million. 8%. due May 2018 sale Japan-range optical subassembly business lower sales optical semiconductor fiber home.\n Data Center market revenue decreased $48. million 29. 6%. lower optical products lasers offset $7. million licensing revenue.\n I&D market revenues increased $19. 3 million. 4%. higher revenue product portfolio.\n Telecom $180,938 $ 222,940.\n Data Center 114,132.\n Industrial Defense 204,638 185,360.\n $499,708 570,398.\n 36. 2%.\n. 8% 4%\n. 5%\n."
}
{
    "_id": "d1a71ec9c",
    "title": "",
    "text": ". Assets sale\n 21 December 2018 Group divestment freehold property Melbourne Victoria $1m. value adjustments profit. settled 15 January 2019.\n 28 June 2019 sale commercial property Dunedin New Zealand NZD $1. 3m less. 1m. unrealised gain NZD $1. 2m. 1m carrying value. adjustments profit loss.\n 1 July 2018 sale land buildings Croydon self-storage centre $5. 8m less cost. 1m. asset classified sale. unforeseen circumstances transaction proceed. 30 June 2019 classified freehold no longer sale.\n assets\n balance 1 July\n reclassified freehold.\n.\n Total assets sale"
}
{
    "_id": "d1b2e707e",
    "title": "",
    "text": ". FINANCIAL CONDITION RESULTS\n Note 3 Financial Statements 2019 2018 acquisitions.\n Revenues increased $9. million 61% Golden Ridge MGI Grain. Food revenues increased 97% products Golden Ridge MGI Grain. Animal feed increased 10%. buying SRB.\n Gross profit decreased. 3. 6%. losses Golden Ridge unfavorable contract low plant utilization. improved productivity positive contribution margin Golden Ridge.\n Selling administrative expenses $13. 7 million $11. million 2018 $2. 5 million. 4%. Outside services increased $1. 1 million higher accounting legal fees Golden Ridge MGI Grain. Salary wages benefit expenses increased $1. million equity grants labor costs. debt. million rent. million.\n. million. settlement working capital dispute Golden Ridge.\nEnded December 31\n Revenues $23,713 $14,762.\n goods 24,574 11,780.\n Gross profit (861 2,982\n -3. 6%.\n Selling administrative expenses 13,696 11,194.\n Loss operations (14,557 (8,212).\n income\n Interest expense\n income 822\n Loss taxes $(13,735"
}
{
    "_id": "d1b2eab2a",
    "title": "",
    "text": ". Directors Corporate Governance.\n.\n Garo. Armen Chairman September 2004. Chairman Chief Executive Officer Agenus\n. biotechnology co-founded 1994. Chairman Board Elan\n Corporation. established Armen Partners money management firm biotechnology\n architect Immunex Lederle oncology 1993. senior vice president\n Dean Witter Reynolds analyst investment banker EF Hutton. 2002. founded Children\n Armenia Fund rebuilding rural Armenian towns\n. Ellis Island Medal of Honor 2004 Sabin Humanitarian Award\n 2006. Ernst & Young 2002 New York City Biotechnology\n Entrepreneur Year Wings of Hope Award 2005 Melanoma melanoma.\n PhD physical chemistry fellow Brookhaven National\n Laboratories. historical knowledge\n expertise financial biopharmaceutical.\n Age Position\n. Armen Executive Chairman\n. Chief Financial Officer\n Robert.\n Khalil Barrage\n. Corvese\n Silverman"
}
{
    "_id": "d1b390c64",
    "title": "",
    "text": ". investments\n Group holds listed unlisted investments managed funds loan notes deposits government bonds.\n debt equity recognised derecognised trade date measured at fair value transaction costs.\n Debt securities cash flows principal interest measured at amortised cost method less impairment. measured fair profit loss.\n Equity securities classified measured fair value income no reclassification derecognition. note 1 measurement categories balances 31 March 2018\n Debt securities include loan notes US. billion. Verizon Communications. €0. 8 billion. VodafoneZiggo Holding.\n Items measured fair value level 2 classification inputs.\n measured amortised cost carrying amount approximates fair value.\n non-current assets\n Equity securities1\n Debt securities2\n"
}
{
    "_id": "d1b335116",
    "title": "",
    "text": "Equity Compensation Plan Information\n table summarizes share exercise price equity compensation plans December 31, 2019.\n Includes 105,000 shares common stock options 340,000 shares restricted stock units.\n option grant Chairman Chief Executive Officer 2013 Stock Incentive Plan 2013. agreement anti-dilution provisions.\n restricted stock units exercise price.\n 2013 Stock Incentive Plan awards stock options restricted stock deferred stock appreciation rights awards. singly tandem. 2,600,000 shares common stock distribution. Compensation Committee size terms conditions agreements. employees directors consultants. December 31, 2019 options purchase 605,000 shares common stock 340,000 shares issuable vesting restricted stock units 1,780,505 shares reserved issuance.\nsecurities issued options Weighted-average exercise price securities future\n plans approved 445,000(1) $2. 34(3) 1,780,505\n not 500,000(2) $1. 19\n 945,000 $1. 39(3) 1,780,505"
}
{
    "_id": "d1b33959a",
    "title": "",
    "text": "Cash investing activities\n each year.\n 2019. 2018. $8. million higher spend 2019 capitalized costs internally-developed software hardware costs leasehold improvements security office space.\n. 2017. net cash $6. million 2018 $4. 1 million 2017. higher spend 2018 software expenditures merchant experience mobile application. offset lower infrastructure expenditures material changes leased premises.\n Ended December 31,\n Software $12. $5. $2.\n Computer hardware.\n Leasehold improvements.\n Furniture.\n Purchases property equipment software $15. $6. $4."
}
{
    "_id": "d1b3935fe",
    "title": "",
    "text": "\n standardized meaning IFRS. unlikely issuers.\n due year long-term 50% preferred shares less cash equivalents statements. 50% preferred shares credit rating agencies.\n important indicator financial leverage not covered cash. investors analysts use financial leverage.\n IFRS calculated asset liability categories.\n Debt due one year 3,881 4,645\n Long-term debt 22,415 19,760\n 50% preferred shares 2,002\n Cash equivalents (145)\n Net debt 28,153 25,982"
}
{
    "_id": "d1b38404a",
    "title": "",
    "text": ". capital\n Equity instruments proceeds issuance costs.\n 31 March 2019 50,000 7% fixed rate shares £1\n Group held 1,584,882,610 2,139,038,029) treasury shares €264 million €356. market value €2,566 million €4,738 million. 45,657,750 53,026,317) shares reissued. 25 August 2017 729,077,001 shares issued bond. 25 February 2019,067,749. 5 March 2019 bonds £1. 72 billion 2 year 2021 £1. billion 3 2022. bonds 2,547,204,739 ordinary shares £1. 3505 per share. note 20 capital financial statements.\n share awards option scheme awards.\n allotted issued\n454,870 660,460\n 31 March 28,815,258,178,308"
}
{
    "_id": "d1b32fb4e",
    "title": "",
    "text": "$252. 5 million valuation allowance September 27, 2019 federal NOLs tax carryforwards Canada $19. million recovery.$243. 1 million September 28, 2018 NOLs Canada$13. 6 million recovery. change $9. 4 million reduction NOLs 382 temporary differences lower. S federal tax rate.\n tax rates differ\n 2019 2018 2017 rates $423. 2 million $155. 2 million $49. 5 million 9. 3% 13. 8%.\n 2019 impacted NOL carryforward Section 382 current deferred income tax $39. 8 million jurisdiction.\n 2018 impacted Tax Cuts Jobs Act. lower income tax rate foreign jurisdictions valuation allowance research development tax credits value adjustment warrant liabilities.\n earnings foreign subsidiaries indefinitely reinvested.2019 changed position Cayman Islands subsidiary.\n Cayman Islands no tax.\n finalized one repatriation foreign earnings profits $156. 8 million $86. 7 million U. S. taxable income year September 2018 Grand Cayman Ireland 59. 7 million $25. 6 million. full valuation repatriation impact tax expense 2018.\n 2019 tax provision changes Tax Act. limitation deductible interest expense Global Intangible Low Taxed Income base erosion anti-abuse minimum tax performance-based compensation exception definition covered employee.\n Federal statutory rate.\n Foreign rate differential.\n State taxes federal benefit.\n Warrant liabilities.\n Change valuation allowance.\n Research development credits.\n return adjustments.\n Section 382 adjustment.\n Nondeductible compensation. 6). 4.\n Low Taxed Income.\n Nondeductible legal fees.\n tax reform.\n Intra-entity license transfer.\n differences.\n income tax rate. 3%. 8%."
}
{
    "_id": "d1b3a7932",
    "title": "",
    "text": "Cash Flows\n table flows\n Operating Activities\n primary collections. inflows bookings. uses domain registration software personnel marketing technology interest. outflows timing personnel costs.\n Net cash increased $163. million $559. million 2018 to $723. 4 million 2019 driven bookings growth interest income.\n Investing Activities\n purchases. timing capital expenditures.\n Net cash decreased $119. million from $254. million 2018 to $135. 3 million 2019 $106. million decrease acquisitions.\n Financing Activities\n debt borrowings repayment stock option exercises share repurchases.\n Net cash decreased $503. million $47. 2018 to $456. million 2019 $458. million share repurchases $44. 4 million acquisition payments $13. 2 million financing costs.\n2019 2017\n $723. $559. $475.\n investing (135. (254. (1,570.\n financing (456. 47. 1,107.\n exchange rate cash. (2. 3.\n $130. $349. $16."
}
{
    "_id": "d1b3907e6",
    "title": "",
    "text": "table. GAAP non-GAAP\n Fiscal years 2018 2017 adjusted ASC 606.\n. 9 million costs relocation tantalum powder Carson City Nevada Matamoros Mexico start-up 2019.\n Years Ended March\n 2017\n Net income $206,587 $254,127 $47,157\n Non-GAAP adjustments\n Equity loss investments 3,304,192)\n Acquisition loss,880\n TOKIN options\n loss write down disposal long-lived assets 1,660\n Restructuring charges 8,779\n R&D grant reimbursements income\n ERP\n Stock-based compensation\n Legal expenses antitrust class actions\n foreign exchange loss\n TOKIN investment expenses\n Plant start-up costs\n1,872 2,467\n tax non-GAAP\n Loss extinguishment debt 15,946\n Adjusted income $208,995 $102,276"
}
{
    "_id": "d1a7290b6",
    "title": "",
    "text": "Property Equipment\n table.\n ASU 2016-02. million non Consolidated Balance Sheets. capital leases warehouse office manufacturing facilities IT equipment automobiles ROU. Note 4 Financial Statements.\n Land improvements $ 50. 41.\n Buildings 747. 728.\n Machinery equipment 2,453. 2,325.\n property 141.\n Construction-in-progress 127.\n 3,520. 3,386.\n Accumulated depreciation amortization (2,378.,350.\n $ 1,141. $ 1,036."
}
{
    "_id": "d1b3a2270",
    "title": "",
    "text": "June 2015, Company accounts investment FARADAY associate influence Board Directors.\n WINAICO SOLAR PROJEKT 1 WINAICO IMMOBILIEN GMBH joint ventures.\n follows.\n investments NT$1,733 million NT$1,750 million December 31, 2018 2019. fair value NT$1,621 million NT$2,244 million 2019.\n Percentage ownership voting\n Listed companies\n CLIENTRON CORP. $249,663. $276,515.\n FARADAY TECHNOLOGY CORP. 1,483,111.\n Unlisted companies\n MTIC HOLDINGS PTE. 3,026. 18,157.\n WINAICO IMMOBILIEN GMBH.\n PURIUMFIL INC.,164.\n UNITECH CAPITAL INC. 568,005.,660.\n TRIKNIGHT CAPITAL 1,520,575.,281,631.\n HSUN CHIEH INVESTMENT. 1,608,551. 1,686,502.\n YUAN INVESTMENT. 2,032,013.,761,821.\n CHIEH. 161,319.\n.\n UNITED CORPORATION 167,953. 121,973.\n TRANSLINK CAPITAL.,440. 172,414.\n WINAICO SOLAR PROJEKT.\n YUNG LI INVESTMENTS.\n $7,948,413"
}
{
    "_id": "d1b348478",
    "title": "",
    "text": ". SELECTED FINANCIAL DATA\n consolidated financial data five-year period March 31, 2019 statements's Discussion Analysis Financial Condition Results Operations Items 7 8 Form 10-K. income March 31, 2019 balance sheet 2018 derived statements 8 Form 10-K. income March 31, 2016 2015 balance sheet derived statements amounts millions.\n Note 2 business combinations 2019 2017.\n Note 4 special charges.\n Note 12 Debt Credit Facility.\n March 31,\n 2019 2018\n Consolidated Statements Income\n Net sales $5,349. $3,980. $3,407. $2,173. $2,147.\n Special charges $33. $17. $98. $4.\n Loss settlement debt.\n Net income operations $355. $255. $170. $323. $365.\nincome share.\n income.\n Dividends share. 457 425\n Balance Sheets\n assets $18,350. $8,257. $7,686. $5,537. $4,780.\n long-term debt capital lease obligations maturities $8,956. $1,769. $2,912. $2,465. $1,840.\n stockholders equity 5,287. 3,279. $3,270. 2,150. 2,044."
}
{
    "_id": "d1b3931c6",
    "title": "",
    "text": "Operations\n table operational data net sales fiscal years\n March\n 2019 2018\n sales 100.\n Cost sales 45. 39. 48.\n profit 54. 60. 51.\n development 15. 13. 16.\n 12. 11 14.\n Amortization intangible assets 12.\n.\n Operating income 13. 4% 23. 5%."
}
{
    "_id": "d1b318516",
    "title": "",
    "text": "Sales\n table presents percentage segment\n 2019\n millions\n Transportation Solutions $ 7,821 58 8,290 59\n Industrial Solutions 3,954\n Communications Solutions 1,673 1,842\n $ 13,448 100"
}
{
    "_id": "d1a73ee34",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n 2018 Transactions\n December 2019 purchase price Idea Cellular Infrastructure Services no adjustments. adjustments 2018 acquisitions.\n Pro Forma Consolidated Results\n results 2019 acquisitions January 1, 2018 2018 January 1 2017. anticipated cost synergies integration impacts. not indicative future results.\n Year December\n forma revenues $7,904. $7,936.\n net income American Tower Corporation stockholders $1,844. $1,122.\n common share\n $4. $2.\n $4. $2."
}
{
    "_id": "d1b32f57c",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States\n consolidation GS Holdings Statements.\n revenue $529,646 $414,673\n costs expenses,693 261,883\n profit 120,953 152,790\n (22,297 (19,276)\n income $98,656 $133,514"
}
{
    "_id": "d1b31cc4c",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS\n table assets liabilities\n September 10 December 31, 2019\n Accounts receivable $ 128,221\n Inventories 140,678\n Property equipment 65,016\n lease right-use assets 60,217\n Goodwill 143,262\n Intangible assets\n Deferred income tax assets 14,767\n Other assets 61,511\n acquired 738,672 692,162\n Accounts payable 144,652\n lease 59,634\n Pension\n Deferred income tax liabilities 37,218\n Other liabilities 80,876 71\n liabilities 370,874 330,909\n assets $367,798,253"
}
{
    "_id": "d1b3254a0",
    "title": "",
    "text": "Non-Operating Income interest foreign currency losses noncontrolling interests profits subsidiaries Oracle Financial other income gains losses investments unrealized deferred compensation plan equity securities pension income.\n non-operating income decreased 2019 income gains sale securities lower interest income lower cash equivalent marketable securities balances.\n Year Ended May 31,\n Percent Change\n Interest income $1,092 -9%\n Foreign currency losses (111) 50% 62%\n Noncontrolling interests (152) 12%\n Other income (14) -107% -42%\n Total non-operating income $815 -31% $1,185"
}
{
    "_id": "d1b30928c",
    "title": "",
    "text": "Unrecognized Tax Benefits\n accounting two-step approach uncertain tax positions. first tax position audit. second measure tax benefit largest amount 50% likely settlement.\n reconciliation unrecognized tax benefits 2019 2018 2017\n benefits 2019 2018 $38. 2 million $36. 7 million reduction effective tax rate. amounts differ from long-term liability $20. 1 million $16. 8 million 2019 accrued interest penalties unrecognized tax benefits French Italian entities deferred tax balances.\n events 12 months unrecognized tax benefits include examinations tax. expiration statutes of limitation.\n calculation tax benefits uncertainties global tax regulations. legislative regulatory judicial developments transfer pricing withholding taxes. tax positions. estimate change unrecognized tax benefits 12 months.\n\n December 29, 2019 30 2018 31, 2017\n $103,884 $105,959 $82,253\n 2,517 2,404 2,478\n 1,624 22,151\n Reductions (416) (2,468\n loss (668) (2,462\n $106,941 $103,884"
}
{
    "_id": "d1b365e2e",
    "title": "",
    "text": "2019 2018\n Revenue\n subscriptions domain registrations renewals hosting business applications. subscription terms average year range monthly ten years. collect subscription fees revenue contract term. net refunds reserve\n Domains revenue subscriptions add-ons aftermarket sales. registrations exclusive use contract term. contract expires.\n Hosting presence revenue website hosting security online visibility.\n Business applications subscriptions third-party productivity applications email accounts marketing telephony solutions.\n table revenue\n 12. 3% increase total revenue driven growth customers ARPU full year revenue MSH 2019 offset foreign currency. increase customers customers purchased subscriptions.\n. 10. 8% increase revenue. 2019 aftermarket domain sales international growth\n. 10. 7% increase website building security acquisition MSH.\n Business applications. 20. 8% increase increased adoption email productivity telephony solutions.\nEnded December 31, 2019 2018\n Domains $ 1,351. 1,220. 1,057. 131. 163. 15\n Hosting 1,126. 1,017. 847. 169. 20\n Business applications 510. 422. 326. 87. 21 95. 29 %\n revenue $ 2,988. 2,660. 2,231. 328. 12 % 428. 19"
}
{
    "_id": "d1b345520",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States\n deferred tax assets liabilities\n 2019 operating loss carryforwards $4. 7 million $3. 9 million indefinite. 8 million expire 2030. federal state tax credit carryforwards $0. 2 million. 5 million 2028 2038. future operations taxable income NOLs credits no valuation allowance.\n Deferred tax assets\n Investment $358,024 $299,466\n operating loss carryforwards tax credits\n 364,841 306,979\n deferred tax assets\n liabilities\n $364,841 $306,979"
}
{
    "_id": "d1b3b9d80",
    "title": "",
    "text": "Obligations\n summarizes 2019 obligations five years property lease VPN Avira asset purchase IBM\n Payments\n Less 1 2-5 Years\n Lease Obligations $773 $2,055 $2,828\n Long-Term Liabilities\n Mobile\n $3,423 $4,055 $7,478"
}
{
    "_id": "d1b3ae7be",
    "title": "",
    "text": "\n UK employees. increased shareholding no performance conditions. join. save 12 months subscribe shares HMRC rules. provides matching share purchased.\n Shares measured Present Economic Value) valuation. disclosures.\n accumulation period 2019 ESOP ends September 2020 figures projections.\n 2015 2016 2017 2018 2019\n Grant date 1st October\n Exercise price 2,797. 4,477. 5,496. 7,240.\n employees 1,038 1,229\n Shares scheme 34,449 22,173 22,411 16,687 16,820\n Vesting period 3 years\n Expected volatility 21%\n Risk free interest rate. 4%. 1%.\n Expected dividend yield 2. 5%. 3%.\n Fair value 2,931. 4,696.5,799. 8,305."
}
{
    "_id": "d1b2f9bf2",
    "title": "",
    "text": "SHORT TERM INVESTMENTS\n twelve months unrealized gains losses\n 31\n Government $1,012\n Asset Backed 4,854\n Industrial 5\n Financial 6,879\n $17,779 $11,303"
}
{
    "_id": "d1b3172c4",
    "title": "",
    "text": "Selling General Administrative Expense\n increased. percent 2019 versus 2018 Higher spending Red Hat Higher acquisition charges amortization currency.\n Operating (non-GAAP expense increased. 4 percent charges amortization Hat.\n year December 31 2019 2018.\n Selling administrative expense\n $17,099 $16,438.\n Advertising promotional expense 1,647 1,466.\n Workforce rebalancing charges.\n Amortization intangible assets.\n Stock-based compensation.\n Bad debt expense.\n consolidated administrative expense $20,604 $19,366.\n Non-operating adjustments\n Amortization intangible assets.\n Acquisition-related charges\n-GAAP expense $19,560 $18,915."
}
{
    "_id": "d1b2eb728",
    "title": "",
    "text": "Foreign Sales\n Revenues segments include governments companies. years 30 2019 2018 revenues derived countries\n Belgium $49 $64\n France\n China 512\n Russia 302\n Germany 143\n Italy\n South Korea\n Singapore 376\n $1,361 2,444"
}
{
    "_id": "d1b32e01e",
    "title": "",
    "text": "Operations\n table percentage revenues.\n 2019 Revenues 100.\n revenues 10. 11.\n profit 89.\n Operating expenses\n Sales marketing 54. 52.\n development 6. 8\n 20.\n operating expenses 80. 81.\n Income operations 8. 7\n income.\n Income taxes 8. 7\n tax 4.\n income. 7%"
}
{
    "_id": "d1b3bb180",
    "title": "",
    "text": "Revenue Gross Profit Margin\n third-party services inventory hardware. warehouse shipping inventory write-downs infrastructure logistics quality control.\n personnel technical support training. inventory replacements facilities technology infrastructure.\n summary revenue\n Years Ended December 31, Increase\n 2019 2018 Amount Percent\n Products $29,816 $34,066 $(4,250) (12)%\n Services 19,065 17,830 1,235 7%\n Total cost $48,881 $51,896 $(3,015) (6)%"
}
{
    "_id": "d1b3bfe6a",
    "title": "",
    "text": "options 31 March\n market value share 445. awards vesting period. years. contractual life. 6 years.\n 1 April 3,104,563 2,682,738\n granted,695 1,188,149\n Dividend shares awarded 9,749\n forfeited (105,213) (766,324)\n exercised (483,316)\n 31 March.,478 3,104,563\n Exercisable 721,269"
}
{
    "_id": "d1b33ba66",
    "title": "",
    "text": "Debt Obligations\n December 27, 2019 28, 2018\n Senior Secured Term Loan Credit Facility\n June 22, 2016, Company refinanced debt Jefferies Finance LLC collateral. senior secured loan $305,000 maturing June 22, 2022. additional Loans $50,000 unlimited amount Total Leverage Ratio. 90:1. Borrowings senior secured notes prior term loan revolving credit facility. Remaining funds capital expenditures acquisitions working capital general corporate purposes.\n December 13, 2017 Applicable Rate 475 to 400 London-bank Rate. paid costs $761 deferred financing charges.\n July 6, 2018 $47,100 prepayment quarterly amortization. November 16, 2018 Rate 400 to 350 LIBOR. paid costs $626 deferred financing charges.Company wrote off unamortized deferred financing fees $1,081.\n interest Term Loans equal spread plus Base Rate or LIBOR six twelve-month periods. interest rate December 27, 2019 5. 2%.\n Term Loan Facility contains affirmative covenants negative covenants restrictions incurring debt liens paying dividends repaying disposing assets investments events default. December 27, 2019 compliance debt covenants.\n June 29, 2018 entered credit agreement BMO Harris Bank. loan up $150,000. Borrowings capital expenditures acquisitions working capital general corporate purposes. limited borrowing base equal commitments eligible receivables inventory minus reserves. co-borrowers request increase commitments up $25,000.ABL matures June 29, 2023 90 days prior maturity Term Loan Facility.\n interest rate equal spread plus Base Rate or LIBOR six-month periods. recurring fees unused commitments.\n ABL Credit Agreement affirmative covenants negative covenants events default. charge coverage ratio 1:1 below $10,000 10% borrowing base.\n transaction costs $877 deferred financing fees. July 6, 2018 borrowed $47,100 prepayment Term Loans. November 22, 2019 paid borrowings no balance December 27, 2019. average interest rate borrowings 3. 7% 2019.\n debt covenants reserved $16,641 letters credit. funds $133,359 available borrowing.\n issued $150,000. 875% Senior Notes. Bank New York Mellon Trust Company.$43,225 net proceeds borrowings remainder working capital purposes future acquisitions.\n Senior Notes interest 1. 875% per annum payable semiannually June 1 December 1 June 1, 2020. Notes convertible common stock initial conversion price $44. 20 per share. subject adjustments. Notes mature December 1, 2024 unless converted.\n redeem Notes maturity. change repurchase 100% principal amount accrued unpaid interest.\n incurred transaction costs $5,082 deferred financing fees amortized.\n 2019 issued $4,000 convertible note maturing June 29, 2023 Bassian Farms. acquisition. interest rate 4. 5% per annum increases 5. 0% after two-year anniversary closing.Company months redeem stock $43. 93 per share. two-year anniversary. change control.\n December 27, 2019 December 28, 2018\n Senior secured term loan $238,129 $239,745\n Convertible notes 150,000\n unsecured note 4,000\n Finance lease obligations 3,905\n Asset-based loan facility 44,185\n Deferred finance fees discount (9,207)\n debt obligations 386,827 278,230\n installments (721)\n $386,106 $278,169"
}
{
    "_id": "d1b2f91d4",
    "title": "",
    "text": "Acquisition\n August 1 2018 acquired AFP. fabricator foam corrugated molded pulp wood packaging solutions Product Care division. expands protective packaging electronic transportation industrial markets. acquired 100% AFP shares estimated $74. million excluding $3. 3 million cash.\n table summarizes consideration final allocation purchase price assets acquired liabilities assumed.\n Final\n August 1 2018 Adjustments September 30 2019\n consideration transferred $ 70. 3. 74.\n Assets\n Cash cash equivalents.\n Trade receivables.\n Inventories.\n Prepaid expenses current assets.\n Property equipment.\n intangible assets.\n.\n non-current assets.\n 85.\n Liabilities\n long-term debt.\n.\n liabilities.\n Long-term debt less current.\n liabilities 15. 13."
}
{
    "_id": "d1b303f6c",
    "title": "",
    "text": "Free Cash Flow. non-GAAP operations less capital expenditures.$ 24. 7 million 2019 $4. million 2018 increase $20. 7 million.\n Non-GAAP measures FCF management assessments insight financial performance. FCF management decisions. important cash shareholder value. performance GAAP.\n reconciliation FCF financial statements GAAP\n 2019 2018\n Cash flows operating activities $115. $66.\n Payments property plant equipment.\n Free cash flow 24. 7"
}
{
    "_id": "d1b360a78",
    "title": "",
    "text": "9.\n December 31,\n Trade accounts $378,616 $338,473\n Income taxes 1,571 916\n 13,440 11,132\n 393,627 350,521\n Allowance doubtful accounts 3,480\n $390,147 $347,425\n accounts."
}
{
    "_id": "d1b36fa96",
    "title": "",
    "text": "Cash\n table summarizes cash 2019 2018 2017\n Operating Activities\n increase cash 2019 driven sales Sunshine advance payments solar modules. investment tax credit. offset expenditures Series 6 manufacturing construction projects.\n Investing Activities\n decrease higher sales securities investments offset 8point3 2018.\n Financing Activities\n decrease lower proceeds debt financings Australia Japan India.\n cash operating activities $174,201 $(326,809) $1,340,677\n investing (362,298 (682,714)\n 74,943 255,228\n exchange rate changes cash equivalents cash. (2,959) (13,558) 8,866\n increase cash $(116,113) $(767,853) $914,786"
}
{
    "_id": "d1b2fa7be",
    "title": "",
    "text": "2019 2018\n table Consolidated Statements Operations net revenues\n percentages add rounding.\n Net revenues 100%\n Cost 22\n Gross profit 78 79\n Operating expenses\n Sales marketing 32\n Research development\n General administrative\n Amortization intangible assets\n Restructuring transition costs\n operating expenses 70 78\n income\n Interest expense\n Gain divestiture\n Income operations before taxes\n tax expense\n discontinued operations taxes\n 24%"
}
{
    "_id": "d1b3bacc6",
    "title": "",
    "text": "Interest Expense\n increased 2019 higher borrowings $10. billion notes 2017 offset reduction repayments $2. billion 2019 $6. billion 2018.\n Year Ended May 31,\n Percent Change\n millions\n Interest expense $2,082 3% $2,025"
}
{
    "_id": "d1b2f5e76",
    "title": "",
    "text": "Consolidated Financial Statements\n Reconciliations revenues operating income tax expense table\n Includes income expenses Distribution business. unallocated corporate income expenses.\n Reflects revenues online products.\n Intersegment revenues licensing service fees.\n acquisition King debt financings.\n restructuring initiatives.\n non-cash accounting charge liquidation foreign entities.\n tax-related items activities.\n December\n Reconciliation consolidated net revenues\n net revenues $5,969 $6,835 $6,765\n Revenues non-reportable segments\n effect deferred revenues\n Elimination intersegment revenues\n Consolidated net revenues $6,489 $7,500\n Reconciliation consolidated income before tax expense\n operating income $2,054 $2,446 $2,417\nnon-reportable segments 24\n Share-based compensation (166) (209) (178)\n Amortization intangible assets (203) (370) (757)\n Fees expenses acquisition King\n Restructuring costs\n non-cash charges\n tax items\n Consolidated income 1,607 1,988 1,309\n Interest expense\n Loss extinguishment debt\n Consolidated income tax $1,633,877"
}
{
    "_id": "d1b305948",
    "title": "",
    "text": "Allocation Goodwill Reporting Segment\n table shows goodwill balances segment\n no impairment. indicators impairment interim assessment before assessment. net earnings adverse equity market conditions market multiples common stock price legal factors business climates action unanticipated competition decisions. adverse changes non impairment goodwill financial condition results operations.\n Product\n Carrying Value December 31, 2017 $ 576. $ 1,554. $ 2,130.\n Accumulated impairment.\n Carrying Value December 31, 2017 $ 526. $ 1,412. $ 1,939.\n Acquisition adjustments.\n.\n Carrying Value December 31, 2018 $ 568. $ 1,568. $ 2,137.\n impairment.\n Carrying Value December 31, 2018 $ 519. $ 1,427.1,947.\n 6. 257. 263.\n 2. 6.\n Carrying Value December 31, 2019 $ 577. 1,830. 2,407.\n.\n Value $ 527. 1,689. 2,216."
}
{
    "_id": "d1b3c0a5e",
    "title": "",
    "text": "6. Financial Data\n 7 Analysis Financial Condition Results consolidated financial statements.\n Consolidated Statements Income 2019 2017 Balance Sheets. 2016 2015, Balance Sheets.\n 2019 $3. 5 million pre-tax legal expense Hetronic. Note 9 Contingencies. costs profitability increased costs $6. 9 million.\n pre-tax acquisition expenses $15. 4 million Grakon income $5. 8 million grant $7. 4 million stock-based compensation expense.\n tax benefit foreign earnings Tax Cuts Act. $4. 8 million benefit $2. million foreign investment tax credits. net tariff expense imported Chinese goods $2. 3 million.\n 2018 $8. 1 million pre-tax legal expense Hetronic litigation. pre-tax acquisition expenses $6. 8 million Procoplast Pacific Insight $7.international government grant employment $6. million stock compensation reversal RSA.\n 2018 tax charge $53. 7 million. Tax Reform tax benefit $9. 8 million foreign investment credits.\n 2017 $11. million-tax Hetronic litigation.-tax exit costs $2. 3 million acquisition expenses $1. 5 million $4. 5 million grant.\n tax benefit $4. million foreign investment tax credits tax expense $1. 7 million dividend. 2016 $9. million Hetronic.\n 2015 goodwill pre-tax impairment charge $11. million gain sale business $7. million $3. 1 million expense litigation. $5. million tax benefit valuation allowance deferred tax assets.\n Fiscal Year\n April 27, 2019 2018\n Net Sales $1,000.\nIncome Taxes 103. 123. 115. 110. 120.\n Tax 12. 66. 23. 26. 19.\n Income 91. 57. 92. 84. 101.\n Share Data\n Income.\n Income.\n.\n 18. 16. 82 14. 53 12 61 11\n Sheet Data\n Debt 292. 57. 27. 57. 5\n Earnings 545. 472. 427. 358. 356.\n Assets 191. 162. 90. 93. 93.\n Equity 689. 630. 541. 470. 459\n Assets 1,231. 915. 704. 655. 605.\n Financial Data\n Average Equity 13. 18. 23\n Pre-tax Income Percentage 10. 13. 14\n Income Percentage.2%. 11. 5%."
}
{
    "_id": "d1b323c72",
    "title": "",
    "text": ".\n income taxes $77. 6 $25. 9 million $48. 4 million 2019 2018 2017. interest borrowings $347. 9 million $85. 3 million $82. 5 million.\n additions deductions deferred tax 2019 2017\n Additions\n Valuation allowance deferred tax assets\n 2019 $204. $16. $175. $332.\n 2018 $210. $36. $204.\n 2017 $161. $15. $37. $210."
}
{
    "_id": "d1b3bc1a2",
    "title": "",
    "text": "Group assumed mortality mortality table S2NA CMI 2018 projections long-term improvement 1. 5% annum. tables translate average life expectancy pensioner retiring 65\n 50% non-retired members commute maximum cash retirement\n.\n 65 life expectancy 86. 8 88. 9 87. 89.\n 45 expectancy 65 88. 5 90. 7."
}
{
    "_id": "d1b325a7c",
    "title": "",
    "text": "Performance Indicators\n non-GAAP trends financial projections decisions Monthly Recurring Revenue Gross Merchandise Volume.\n table shows MRR GMV December 31, 2019 2018.\n Monthly Recurring Revenue $53,898 $40,932\n Gross Merchandise Volume $61,138,457 $41,103,238"
}
{
    "_id": "d1b35313e",
    "title": "",
    "text": "FLNG\n revenues May 31, 2018 Hilli accepted commenced operations. generated $218. 1 million revenues $127. 6 million 2018.\n operating expenses Hilli incurred $53. 7 million $26. 3 million 2018.\n Voyage charterhire commission expenses $0. 9 million $0. 5 million $1. 4 million lower bunker consumption commercial readiness.\n Administrative expenses increased $1. 5 million $1. 4 million 2019 $0. 2 million 2018 corporate expenses salaries employee benefits.\n Project development expenses legal professional consultancy costs. engineering consultation fees Gimi GTA Project FLNG 2018.\n Depreciation amortization May 31, 2018. full year depreciation 31, 2019 months 2018.\n operating/gains gain oil derivative instrument fee $13.million 2019 $26. 7 million 2018 unrealized loss oil derivative instrument prices $39. 1 million $10. million 2018 write-off $3. million $12. 7 million unrecoverable receivables OneLNG 2019 2018.\n net losses April 2018 OneLNG FLNG projects case-by-case.\n 2018\n revenues 218,096 127,625 90,471 71%\n Vessel expenses (53,689 104%\n Voyage\n Administrative expenses (1,371\n Project development expenses (2,939)\n Depreciation amortization (48,088) 71%\n Other operating (28,963)\n income 82,586 58,150 42%\n net losses affiliates"
}
{
    "_id": "d1b36cd96",
    "title": "",
    "text": "income tax. federal tax\n 2018 recorded $3. million tax expense foreign earnings. Tax Act. earnings taxed higher rates. $2. 1 million tax expense 2019. 2017 deferred taxes foreign earnings $9. 5 million.\n September 30\n Tax expense. statutory rate $ 10,992 $ 3,124\n State income taxes federal tax effect 1,416\n Nondeductible expenses 1,720\n reserve tax contingencies\n deferred tax asset valuation allowance\n Foreign rate differential\n Tax credits\n Impact. Tax Reform\n Intangible Low-Tax Income\n Stock Based Compensation\n Non-controlling interest equity arrangements\n Provision income taxes $ 11,040 7,093"
}
{
    "_id": "d1b392d3e",
    "title": "",
    "text": "non-GAAP financial measures Black Knight Investor Relations.\n 2019 investment Dun and Bradstreet Corporation Net earnings $73. million accounting adjustments restructuring charges non-operating charges. 2017 non tax benefit $110. million revaluation deferred income tax assets Tax Cuts Jobs Act 2017.\n Revenues $1,177. $1,114. $1,051.\n Adjusted $1,177. $1,116. $1,056.\n Earnings equity losses affiliates $182. $168. $254.\n $108. $168\n. 24\n earnings $108. $168. $182.\n share $0. $1. $1.\n Net $295. $277. $209.\n $1.\n $583. $542. $505.\n 49."
}
{
    "_id": "d1a72991c",
    "title": "",
    "text": "Goodwill Restructuring Charges\n $9. 2 million 2018 $8. 4 million 2017 Brazilian operations Note 7. no restructuring charges December 31, 2018 $0. 8 million 2017. incurred restructuring charges third quarter 2017 closure Overland Park office termination benefits reorganization costs integrating operations.\n December Change Amount\n restructuring charges\n 9,174 8,418\n $9,174 $9,170"
}
{
    "_id": "d1b3a197e",
    "title": "",
    "text": "Cost Revenues Gross Margins\n manufacturing materials payroll shipping handling costs overhead amortization intangible assets. rely suppliers components materials. order backlog orders.\n Tooling setup costs. expense warranty costs inventory provisions amortization intangible assets. Gross profit margin by segment\n Probe Cards profit increased increased sales higher variable costs less product mix.\n Systems increased sales.\n Corporate Other includes unallocated expenses amortization share-based compensation restructuring charges acquisition costs inventory not.\n Gross profit margin fluctuate with revenue product mix selling prices factory loading material costs. profit increased sales margins.\n Stock-based compensation expense $4. 1 million $3. 5 million.\n Gross profit $211,382 $50,927 $237,496\n Gross margin.\n 2018\n profit $187,320 $47,074,055 $210,339\n. %. 3 %. 7 %\n 2017\n profit $195,903 $46,647 $(26,953) $215,597\n. 1 %. 8 %. 3"
}
{
    "_id": "d1b3166f8",
    "title": "",
    "text": "Manoj Shetty\n Represents accelerated vesting 20,687 stock options. agreement (January 17,.\n employment terminated six months\n immediately vested unvested stock options. remain exercisable\n less than 90 days after termination\n accelerated vesting 8,107 unvested performance restricted stock units.\n January 17,. employment terminated six\n months. death total disability non-vested units\n accelerate vested date termination.\n Type Payment Termination Systemax without Resignation Due to Death Total Disability Change In Control Only Termination without\n Cash Compensation (Salary Non-Equity Incentive\n Value Accelerated Vesting Stock Option Awards 74,100\nValue Accelerated Vesting Restricted Stock Unit Awards\n Performance 204,000 (2)\n Medical Other Benefits\n Total 204,000 278,100"
}
{
    "_id": "d1b2fdda6",
    "title": "",
    "text": "Profit Activities\n taxation\n-ended 31 March 2019 2018\n Depreciation property plant equipment 11.\n Amortisation intangible assets 16. 25\n Research development expenditure.\n Operating lease rentals\n. 12\n.\n Pension scheme contributions 8.\n Impairment trade receivables.\n foreign currency differences."
}
{
    "_id": "d1b3c5d24",
    "title": "",
    "text": "\n shift revenue toward cloud profit growth business. Revenue cloud recognized over service period term perpetual license recognized upfront when rights effective.\n increase 2019 due to cloud maintenance revenue.\n decrease cloud driven by increase costs cloud infrastructure. decrease consulting decrease billable hours increase availability partner network.\n 2019 2018\n Software license  $275,792 99% $282,950 $(7,158\n Maintenance 254,924 91%\n Cloud 67,918 51% 45,218 55% 22,700\n Consulting 2,727 1% 22,338\n $601,361 66% $589,816 $11,545"
}
{
    "_id": "d1b3a8990",
    "title": "",
    "text": "breakout product service profit\n value inventory future demand inventory. Forecasted sales marketing backlog revenues. obsolete excess inventory. Obsolete demand reserved. Excess written-down net value.\n December 2019 inventory provision $15. 2 million revisions demand. $8. 7 million Semiconductor Test $4. million Wireless Test $2. million System Test. 5 million Industrial Automation.\n 2018 provision $11. 2 million revisions demand. $6. 8 million Semiconductor Test $2. 5 million Wireless Test $1. 2 million System Test $0. 7 million Industrial Automation.\n 2019 2018 scrapped $9. 2 million $7. million sold $3. 2 million $6. 7 million written inventory. December 31, 2019 inventory reserves $103. 6 million.no timeline inventory.\n Dollar Change\n profit $1,105. $1,002. $103.\n revenues 58. 6%.\n Service profit $234. $217. $16.\n revenues 57. 5%. 7%."
}
{
    "_id": "d1a7270c2",
    "title": "",
    "text": "Obligations\n future payments December 31, 2019\n debt obligations principal interest repayments Credit Facility rates.\n minimum cash commitments rental deferred rent rents.\n purchase obligations suppliers.\n Income tax obligations Act transition tax foreign earnings profits eight-year period.\n pension funding commitments.\n 3-5\n Debt $341,250 $17,500 35,000 288,750\n Interest payments 36,555 8,532 15,726 12,297\n Operating lease 152,778 22,727,275\n Purchase 192,981 192,803\n Income tax obligations(4) 11,724 1,117 2,234 4\n Pension funding 173,830 6,113 12,712 20,203\n $909,118 248,792"
}
{
    "_id": "d1a738fb6",
    "title": "",
    "text": ". Income Taxes\n Ended\n April 26, 2019 April 27, 2018 28, 2017\n Federal $ 26 764 $ 22\n State\n 102 813 66\n Deferred\n Federal 35 239 61\n deferred 270 74\n taxes $ 99 $ 1,083 $ 140"
}
{
    "_id": "d1a71479c",
    "title": "",
    "text": ". STATEMENTS\n. TAXES\n distribution pretax income\n Ended December 31,\n Domestic $(20,597) $22,325 $29,088\n Foreign 150,051 169,103\n $67,194 $172,376 $198,191"
}
{
    "_id": "d1b3862b4",
    "title": "",
    "text": "\n $5,517. 9 million $5,878. 3 million 2019 2018. decrease $360. 4 million. 1%. 2% 4. 8%. 5% decrease PSG ASG ISG.\n.\n decreased $249. 9 million 8% competitive pricing. Protection Signal Integrated Circuits High Power decreased $106. 5 million $96. 6 million $91. 5 million. offset $30. 1 million $15. million Foundry Services Power Mosfet Division.\n decreased $98. 9 million 5% competitive pricing. Industrial Offline Power Signal Processing Wireless Medical Division decreased $100. 5 million $56. 4 million. offset $84. 8 million Quantenna.\n decreased $11. 6 million. 5% Industrial Sensing Division $20. 8 million decreased demand.\n 2.\n.35. 7 % 2,071.\n. 7.\n revenue $ 5,517. 5,878."
}
{
    "_id": "d1b348586",
    "title": "",
    "text": ".\n Company operates facilities. manufacturing administrative activities. location size ownership\n facility Mitchel Field Long Island New York 1981 expanded 1988 Nassau County. 1998 sold Reckson Realty.\n leased manufacturing office Reckson 11-year lease two five-year renewal January 2019. July 25 2018 amendment RA 55 CLB extended lease ten years September 30, 2029. annual rent $1,046,810 2019 to $1,276,056 2029. space needs world-wide corporate headquarters.\n Garden Grove California leased FEI-Zyfer. office manufacturing. second amendment 88 months October 1 2017 expiring January 31, 2025. average annual rent $312,000.\n Tianjin China FEI-Asia. Tianjin Free-Trade Zone.lease renewable rent $8,500 August 2019. FEI-Asia sold May 2019 lease transferred.\n FEI-Elcom new lease February 2018 Northvale New Jersey. office manufacturing. expires January 31, 2021 $9,673. needs.\n.\n Long Island NY\n Garden Grove CA\n Tianjin\n Northvale"
}
{
    "_id": "d1b3ac11c",
    "title": "",
    "text": "Contract Costs\n table acquisition fulfillment costs\n Acquisition costs commission fees. Fulfillment costs third party internal costs telecommunications services labor materials.\n Deferred acquisition fulfillment costs amortized 30 months 12 60 months business services administrative expenses statements. costs twelve months included current assets. amortized beyond included non-current assets. Deferred costs assessed impairment annual.\n Ended December 31, 2019\n Acquisition Fulfillment Costs\n Beginning period balance $322\n Costs incurred\n Amortization (204)\n End $326"
}
{
    "_id": "d1b374154",
    "title": "",
    "text": "gains instruments. statements. losses $13. 7 million 2019 $14. 9 million 2018\n losses settlements swap terminations.\n 2019 2018 swap agreements $1. 1 billion $1. 3 billion fixed rates 3. 0% 2. 9%. Short-term interest rates less than 3. 0% incurred losses $8. 3 million $13. 9 million 2018.\n losses termination swaps 2019 losses $13. 7 million 2018. interest rates recognized unrealized losses $7. 9 million 2019 gains $33. 7 million 2018.\n 2019 reversal unrealized losses $26. 9 million warrants Teekay loss $25. 6 million. 2018 unrealized losses $21. 1 million Warrants. Financial Statements Fair Value Measurements Financial Instruments.\nYear Ended\n December 31, 2019\n gains\n Interest rate swap agreements (8,296 (13,898\n Foreign currency contracts\n Stock warrants (25,559\n freight agreements\n (27,442\n Unrealized gains\n swap agreements\n Foreign currency contracts\n Stock warrants\n freight agreements\n losses derivative instruments (13,719)"
}
{
    "_id": "d1b371ef4",
    "title": "",
    "text": ". CASH EQUIVALENTS MARKETABLE SECURITIES\n equivalents deposits banks Tier-1 commercial debt securities maturities 90 days less. Marketable securities Tier-1.\n amortized cash equivalents securities values May 31, 2019 2018. identification gains losses-for-sale. insignificant 2019 2018 2017. table cash equivalents securities available-for-sale\n May 31, 33% 26%, securities investments mature one year 67% 74% one four years. risk interest rates. limit purchases investment-grade high credit ratings credit exposure issuer. averse principal loss default market risk.\n Restricted cash equivalents balance sheets.\n Corporate debt securities $22,242 $44,302\n Commercial debt securities\n Money market funds\n investments $27,942 $52,449\ncash $10,629\n securities $17,313,641"
}
{
    "_id": "d1b3520ea",
    "title": "",
    "text": "2019 2018 2017 no income tax benefit expense recorded for stock options equity.\n change unrecognized income tax benefits reconciled\n total liability tax benefits $1. 5 million $1. 9 million $2. 4 million. reduce tax rate uncertain positions. interest penalties income tax expense. balances accrued interest penalties $0. 5 million. 7 million $0. 8 million.\n anticipate tax position increase decrease liability 12 months. file income tax returns. federal state foreign jurisdictions. not under audit Internal Revenue Service. not subject to changes taxes prior 2016.\n Balance $1,868 $2,366 $2\n Increases tax\n Decreases\n end period $1,487 $1,868 $2,366"
}
{
    "_id": "d1b36014a",
    "title": "",
    "text": "Issuer Purchases Equity Securities\n Includes 3,416 shares withheld tax withholding remittance obligations vesting restricted stock awards. exercised 2022 convertible note hedges Note 12 Indebtedness Financial Statements offset Class A common stock. net settled received 3,643,165 shares common stock October 2018.\n Excludes shares received hedges.\n exercised 2022 hedges offset stock. net settled received 1,096,773 shares common stock November 2018.\n Shares purchased Average price paid per share plans programs Maximum shares\n October 1 to 31 3,646,581.\n November 1 30 1,096,773\n December 1 to 31\n 4,743,354."
}
{
    "_id": "d1b34e97c",
    "title": "",
    "text": ". Business Segments\n revenues from proprietary software subscription basis recurring service contracts support maintenance transaction services. provide client services installation outsourcing cloud hosting revenue cycle management.\n 2019 realigned reporting structure divestiture investment Netsmart evolution healthcare IT industry increased focus payer life sciences. changed segments Provider Veradigm. Provider segment clinical software financial management patient engagement solutions. Veradigm payer life sciences market. no impact operating segments. segment disclosures December 31, 2018 2017 revised current.\n sold investment Netsmart December 31, 2018. discontinued. Clinicals Series2000 discontinued Provider segment except acquisition-related deferred revenue adjustments.\n December 31, 2019 eight operating segments aggregated two reportable segments.Provider segment Hospitals Health Systems Ambulatory CarePort FollowMyHealth® EPSiTM EIS-Classics 2bPrecise units separate. clinical software financial patient engagement solutions EHR connectivity financial management outsourcing cloud hosting revenue cycle management training electronic claims administration. Veradigm unit separate. data clinical insights tools workflow research media. solutions improve quality efficiency value healthcare delivery.\n Chief Operating Decision Maker revenues profit income. acquisition deferred revenue adjustments. amortization intangible assets stock-based compensation non expenses transaction costs non-cash asset impairment charges. Non-recurring expenses severance product consolidation legal consulting.corporate research development ancillary products. assets.\n Ended December 31,\n Revenue\n $1,597,115 $1,616,022 $1,441,212\n Veradigm 140\n Unallocated Amounts\n revenue $1,771,677 $1,749,962 $1,497,708\n profit\n $672,206 $710,063 $674,112\n 104,896 100,708 43\n Unallocated Amounts (63,522),228,130\n profit $713,580 $724,543 $632,799\n 396,724 $402,544 $426,099\n 43,996\n Unallocated Amounts (465,176 (539,237) (437,431\n $(24,456) $12"
}
{
    "_id": "d1b3abcb2",
    "title": "",
    "text": "Cash Flows\n table flows operating investing financing activities\n $57. 2 million decrease cash 2019 timing cash receipts Trade receivables income taxes incentive bonus Trade accounts accrued liabilities. $84. 4 million increase cash increased earnings Tax Reform Act timing receipts Trade receivables.\n Investing Activities\n $406. 9 million increase D&B Investment Compass Analytics. $59. 4 million increase HeavyWater Ernst acquisitions higher capital expenditures.\n Financing Activities\n $455. 1 million increase incremental borrowing D&B Investment fewer share repurchases. $96. 8 million decrease tax distributions BKFS senior notes redemption fee.\n.\n Cash flows operating $378. $435. $351. $84\n investing (551.\nCash financing 167. (287. 455. 96.\n cash equivalents. 9) $4. 7). $121."
}
{
    "_id": "d1b304246",
    "title": "",
    "text": "\n Group decreased $8. 3 million. to $760. 3 million 31 March 2019. 1 per cent decrease constant currency.\n Americas decreased $2. 2 million to $267. 8 million. 8 per cent reduction. 7 per decline Enduser products WannaCry ransomware launch Intercept X improved UTM sales.\n EMEA increased $0. 2 million to $395. 3 million. 1 per cent growth. 9 per cent. offset reduction endpoint email products.\n APJ Billings decreased $6. 3 million to $97. 2 million. per cent. 8 per. growth impacted stronger performance Network product transition improvement sales Server products.\n Growth\n Region\n Americas 267.\n EMEA.\nAPJ 97. 2 103. 5 (6.\n 760. 768. 6.\n Billings Product\n 345. 9 353. 4 (2.\n 377. 383.\n 37. 3 32. 16. 17.\n 760. 768.\n Billings Type\n Subscription 644. 644.\n 105. 7 113. (7\n 10. 7 (6. 5)\n 760. 3 768. 6."
}
{
    "_id": "d1b2eaec2",
    "title": "",
    "text": "Reconciliations revenues operating income consolidated tax expense table\n Includes income expenses Distribution business. unallocated corporate income expenses.\n games online defer transaction price recognize revenues service periods less year. cost deferred recognized expense. reflects effect deferrals online products.\n Intersegment revenues reflect licensing service fees.\n restructuring initiatives costs.\n tax‐related items activities.\n Reconciliation consolidated net revenues\n revenues $5,969 $6,835\n Revenues non-reportable segments\n effect deferred revenues\n Elimination intersegment revenues\n Consolidated net revenues $6,489 $7,500\n Reconciliation consolidated income before tax expense\n operating income $2,054 $2,446\n non-reportable segments\n\n Share compensation (166)\n Amortization intangible assets (203) (370)\n Restructuring costs (137)\n tax items\n income 1,607 1,988\n Interest\n Loss extinguishment debt\n income tax $1,633,877"
}
{
    "_id": "d1b309a8e",
    "title": "",
    "text": ". Share-based payment\n. 8 million incentives granted 2019. 7 million. fair value estimated grant Black-Scholes binomial model. assumptions payment value\n expected volatility historical volatility share price volatility. risk free rate UK government bonds.\n share price 163.\n price.\n fair value 141. 95\n Expected volatility (%) 31. 6–32 30.\n Option life\n Performance Shares.\n Options SARs.\n Risk free rate.\n Dividend yield. 5–3"
}
{
    "_id": "d1b2fae26",
    "title": "",
    "text": "GWL Corporate Free Cash Flow(1)\n reorganization Choice Properties GWL management cash generating GWL. GWL Corporate cash based dividends Loblaw distributions Choice Properties Weston Foods less corporate expenses interest income taxes. Lease payments excluded IFRS 16.\n Corporate includes activities net interest expense corporate activities administrative costs. preferred share dividends.\n quarters years ended December 31\n$ millions 2019\n Weston Foods EBITDA(1) 56\n capital expenditures\n Distributions Choice Properties\n Dividends Loblaw\n Weston Foods income taxes\n GWL Corporate cash flow operating businesses 132 539\n Corporate financing costs\n Income taxes paid\n Corporate free cash flow"
}
{
    "_id": "d1a7122a8",
    "title": "",
    "text": "NOTE 26 DIVIDEND\n diluted earnings 2018 2017 RSUs omitted out-of-money anti-dilutive dilute earnings. note 3 RSU share options.\n EARNINGS PER SHARE\n Net profit/(loss) year (USDm) 166. 8 2.\n average shares 74. 3 73. 4 62.\n treasury shares.\n 74. 73. 62.\n Dilutive effect share options.\n. 74. 73. 62.\n earnings/(loss) share 2. 24. 48\n Diluted earnings(loss."
}
{
    "_id": "d1b309d04",
    "title": "",
    "text": "\n table loss revenues\n 30 Research development 21. 18. 7% 15.\n Sales marketing 28. 7% 27. 26.\n 5. 6% 6.\n Acquisition integration costs bargain purchase gain.\n Restructuring charges reversals.\n Amortization intangibles.\n operating expenses 56. 8% 58. 3% 53. 5%\n Operating (loss income."
}
{
    "_id": "d1b3187c8",
    "title": "",
    "text": "Employee benefits\n Pension plans\n Company accounting pension costs International Accounting Standard 19.\n disclosures defined benefit obligations. contribution.\n total expense pension plans £0. 7m (2018 £0. 6m.\n 31st December 2019 post mortality assumptions 85%/96% SAPS S2 2017 projections term trend. 25%. 31st December 2018 mortality 85% SAPS S2 96% CMI 2016. 25%. long-term trend. assumptions reviewed experience statistics.\n financial assumptions 31st December\n best estimates.\n Weighted-average assumptions benefit obligations\n salaries.\n pensions.\n price inflation.\n Discount."
}
{
    "_id": "d1b32401e",
    "title": "",
    "text": "Contract balances\n table receivables assets liabilities customers.\n Accrued income Group’s rights services not invoiced reporting. transferred receivables when invoiced.\n Deferred income advanced consideration. £11. 2m (2018 £nil Auto Trader Stock Limited data services. Revenue recognised 20 years.\n Receivables 27. 28.\n Accrued income. 26.\n Deferred income."
}
{
    "_id": "d1b3799ec",
    "title": "",
    "text": "Options exercisable vested expected vest January 31, 2020 thousands\n aggregate values pre-tax VMware closing stock price $148. 06 January 31, 2020 options exercised.\n value VMware stock options 2020 2019 2018 $64 million $35 million $32 million. Pivotal options $27 million $41 million $23 million.\n VMware stock options pre-tax value $103 million $56 million $62 million. Pivotal options $278 million $97 million not material 2 2018. vested options settled cash acquisition.\n VMware Stock Options\n Exercise Price Weighted Average Contractual Term years Aggregate Intrinsic\n Exercisable 945 $47. $95\n Vested expected vest 2,589."
}
{
    "_id": "d1b31607c",
    "title": "",
    "text": "TORM defines earnings before income expenses depreciation impairment amortization taxes. computation refers financial income expenses equivalent. expenses interest borrowings losses foreign exchange bank charges. income interest gains.\n EBITDA supplemental measure TORM performance compliance financial covenants restrictions financing agreements. comparability performance. interest depreciation impairment amortization taxes. financing methods structure profit/(loss) between. EBITDA benefits investors investment alternatives.\n excludes not items profit vary. table reconciles EBITDA to net profit\n 2019\n Reconciliation to net profit/(loss)\n 166.\n Tax.\n Financial expenses 41. 39.\n income -2. -3. -4.\n Depreciation 110. 114.\nassets -114. 3.\n 202. 120. 5 157."
}
{
    "_id": "d1b356550",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n consolidated financial statements\n December 2017 2018 2019\n amounts. S. Dollars\n Credit risk\n loss cash equivalents short-term investments instruments deposits credit exposures receivables dividends. Group exposed risk non-performance. deals financial institutions high credit ratings.\n 2019 70. 0% revenue Shell 74. 2% 92. 6% accounts receivable not collateralized credit risk offset creditworthiness counterparties. Group acquired Shell February 15 2016. obligations. credit losses years. assets maximum exposure credit risk. no substantial credit risk counterparties.\n risk liquid funds instruments limited counterparties high credit ratings.\n 2019\n Cash equivalents 342,594 263,747\n Short-term investments 25,000 4,500\n20,244 24,900\n Dividends 33,395\n instruments 15,188 4"
}
{
    "_id": "d1b3a02e0",
    "title": "",
    "text": "Canadian\n 2019 2018 2017 tax rate differential driven earnings United States.\n effective tax rate decreased 35. 2% 2019 37. 2% 2018. increase tax expense $11. 1 million net income foreign $10. 7 million $26. 4 million reserves benefits $16. 1 million BEAT $16. 3 million reversal States earnings $14. 8 million 2018 tax reform $19. million tax credits research $9. 7 million $6. 8 million valuation allowance decrease $5. 8 million withholding taxes. difference normal course movements non-material items.\n 2016, reorganization efficiencies ownership single entity jurisdiction. tax benefit $876. 1 million net deferred tax recognized 2017. Annual Report Form 10-K 2017.\n 2019 $242. 3 million domestic non-capital loss carryforwards.$387. 6 million foreign non-capital loss carryforwards $53. 8 million no expiry. remainder expires 2020 2039. investment tax credits $58. 6 million expire 2020 2039.\n Ended June 30\n statutory rate. 5%.\n income taxes $116,752 $102,323 $66,131\n foreign tax rate differences\n valuation allowance,779\n deferred charges 4,242\n permanent differences 4,332\n unrecognized tax benefits 31,992\n withholding taxes\n tax filings\n. tax reform\n tax credits research development\n undistributed earnings\n Base Erosion Anti-Abuse Tax 16,030\n reorganization subsidiaries\n $143,826"
}
{
    "_id": "d1b38049a",
    "title": "",
    "text": "IFRS\n investment ventures £524. 1 million 31 December 2019 £326. 6 million £197. 5 decrease £299. 8 million 2018. £158. 9 million earnings £27. 9 million property revaluation deficit £182. 9 million £200. 7 million transfer Puerto Venecia Asturias residual interest intu Derby £93. 9 million.\n exposed foreign exchange overseas investments. 2019 24 per cent assets increase 15 per cent property revaluation deficit. disposals 15 per cent.\n reconciliation 159.\n property equipment non assets receivables tax deferred tax liabilities.\n 40 per cent stake intu Metrocentre. recoverable £195. 4 million non-controlling interest.\n adjustments instruments convertible bonds deferred tax joint non-controlling interest balance.\nIFRS assets intu properties £1,907. 5 million EPRA NAV £1,969. 8 million share 146 pence.\n Investment\n decreased £2,534. 1 million\n revaluation £1,979. 7 million\n intu Derby transfer Puerto Venecia Asturias\n expenditure £129. 2 million projects £44. 5 million Trafford Barton Square extension £14. 5 million redevelopment Broadmarsh £11. 2 million leisure extension Lakeside\n Puerto Venecia Asturias.\n interest Venecia Generali Shopping Centre Fund. Union Investment Real Estate €475. 3 million share €237. 7 11 per cent discount June 2019 valuation. early April net proceeds £95. 4 million repaying debt adjustments fees taxation.\n property.\n Joint ventures.163.\n 53. 65. (11.\n debt (4,498. (4,867. 368.\n financial instruments (286. (284. (2.\n assets (307. 34.\n assets 1,846. 3,828. (1,982.\n Non-controlling 58. (16. 74.\n IFRS assets 1,904. 3,811. (1,907.\n 73. 135.\n 1,977. (1,969.\n share"
}
{
    "_id": "d1b363192",
    "title": "",
    "text": "Stock Units NortonLifeLock stock employment.\n. Clark RSU.\n. Taylor Noviello PRUs RSUs 70% 30%. executives. 50%.\n RSU Award Amount\n Gregory.\n. Noviello 95,416 2,106,785\n. Cappellanti-Wolf 78,620 1,683,254\n Samir Kapuria 238,243 5,100,783\n Scott. Taylor 61,339 1,354,365"
}
{
    "_id": "d1b373268",
    "title": "",
    "text": "ASC 606\n 2018 Company adopted 606 Revenue Contracts modified retrospective method contracts not completed. Results ASC 606 prior accounting standards.\n impact revenue recognition voyage charter contracts.\n new standard recognizes. voyage expenses.\n cumulative effect January 1 2018 balance sheet\n December 31, 2018 revenues increased $1,418 net income $1,101 net income per share increased $0. 01 ASC 606.\n Balance December 31, 2017 Adjustments ASC 606 Balance January 1, 2018\n Assets\n Voyage receivables $24,209 $1,336 $25,545\n Liabilities\n Deferred income taxes 83,671\n Equity\n Accumulated deficit (265,758)"
}
{
    "_id": "d1b376800",
    "title": "",
    "text": "country sale destination product shipment. No country 10% net revenue. percentage products shipped Asia China systems sold outside Asia Europe Middle East Africa EMEA North American.\n Long-lived assets property equipment leased right-of-use assets intangible assets goodwill geographic area\n Amounts include leased right-of-use assets ASC 842 adjustment deficit January 1, 2019.\n December\n % total\n United States $385,302 85% $426,321\n Singapore 63,556 14%\n Rest of world 5,034 1%\n Total $453,892"
}
{
    "_id": "d1b3a26b2",
    "title": "",
    "text": "FREIGHT RECEIVABLES\n 31 December 2019 freight receivables USD. impaired USD.\n expected credit loss lifetime loss receivables. overdue 180 days 25%-100% depending category. overdue one year.\n 2019 Analysis 31 December freight receivables\n freight receivables\n 39. 44. 25.\n < 30 days 22. 18. 26.\n 30 180 days 25. 20. 18.\n 180 days 6. 4. 2\n 93. 87. 72.\n Allowance expected credit loss 3. 1.\n 89. 86. 71."
}
{
    "_id": "d1b3afaba",
    "title": "",
    "text": "Earnings per share\n table shows components basic diluted earnings share.\n calculation includes future compensation cost. excludes options higher average market value. excluded options 61,170 2019 12,252,594 2018.\n YEAR ENDED DECEMBER 31\n Net earnings 2,785\n Dividends per common share 3.\n Weighted average shares millions\n 900. 898.\n Assumed stock options.\n diluted 901. 898."
}
{
    "_id": "d1b34118c",
    "title": "",
    "text": "Income Taxes\n December 22, 2017. government enacted Tax Cuts and Jobs Act. includes changes. corporate income tax federal corporate rate reduction 35% to 21% limitations interest expense executive compensation base erosion anti-abuse tax new minimum tax transition. taxation modified territorial. one-time. tax liability earnings. “Transition future distributions not subject. repatriated. provisions effective January 1, 2018.\n SEC issued guidance accounting. one-year measurement period accounting. record provisional estimate financial statements. tax laws before.\n Company recorded provisional estimate net tax expense $508,000 December 31, 2017. zero expense Transition Tax $173,000 benefit deferred tax liability unremitted foreign earnings $681,000 expense remeasurement deferred tax assets liabilities corporate rate reduction.\nyear December 31, 2018 completed accounting income tax Act. additional tax expense 2017 $508,000.\n December 31, 2019 Company reinvested Non-U. S. subsidiaries deferred tax liability undistributed foreign earnings. estimated unrecognized deferred tax liability dividend distributions. approximately $484,000 December 31, 2019\n income tax expense\n Year Ended December 31,\n. $11,553 $8,677\n Foreign\n $8,949 $8"
}
{
    "_id": "d1b38ded8",
    "title": "",
    "text": "31 December 2019 Company repurchased 3,486,700 shares Stock Exchange HKD1. 16 billion. repurchased shares cancelled. repurchase shareholder value.\n Company subsidiaries purchased sold redeemed shares 31 December 2019.\n Purchase consideration share\n. Highest\n Month purchase 2019 price paid\n August 362,200. 116,330,916\n September 2,294,500. 776,104,729\n October 830,000. 268,272,462\n Total 3,486,700 1,160,708,107"
}
{
    "_id": "d1b2f109c",
    "title": "",
    "text": "ADVANCED INDUSTRIES. FINANCIAL STATEMENTS share\n table presents unaudited pro forma results acquisitions Artesyn LumaSense\n include adjustments costs transactions. amortization assets interest financing expenses transaction costs amortization gross profit accounting policies. adjustments net tax impact results.\n results acquisition September 10 2019. December 31, 2019 contributed sales $220. million net income $7. 1 million including interest financing.\n Total sales $788,948 $1,202,790 $718,892 $1,350,037\n Net income Advanced Energy Industries. $64,941 $83,104 $147,025 $158,422\n Earnings per share\n $1. $2. $3. $4.\n. 69."
}
{
    "_id": "d1b39b222",
    "title": "",
    "text": "\n expenses increased $24. 2 million 31%, 2019. due Reallocation headcount investments. employee costs $16. 3 million overhead costs $3. 4 million.\n expenses increased $15. million 24%, 2018. 2018 Reallocation investments. employee costs $12. million.\n Ended December 31,\n development $101,151 $76,981 $61,975\n Percent revenue 17. 5% 14. 3% 12. 9%"
}
{
    "_id": "d1b3bd598",
    "title": "",
    "text": "Property Plant Equipment.\n. Maintenance. Depreciation calculated-line 5 40 years buildings 3 15 years machinery. summary\n Depreciation $27. 2 $22. 5 $22. 2019 2018 2017. April 27, 2019 28, capital expenditures $6. 4 million $9. million.\n Land $3.\n Buildings Improvements.\n Machinery Equipment 390. 364.\n 475. 434\n Depreciation 283. 272.\n $191. $162."
}
{
    "_id": "d1b33ec7a",
    "title": "",
    "text": "ITEM 6. SELECTED FINANCIAL DATA\n consolidated statements December 31, 2019 2018 2017 balance sheet data derived from audited statements. 2016 2015 balance derived from not. historical results not indicative future. data read with Item 7. Discussion Analysis Financial Condition Results Operations consolidated financial statements information. tables consolidated financial data December 31, 2019 2018 2017 2016 2015 thousands except share data.\n prior Item 1. Business. $28. 0 million expense 2018 agreement legal matter Telephone Consumer Protection Act Item 3. “Legal Proceedings. $1. 7 million interest income $6. 9 million gain other income 2019 promissory note proceeds Item 7. \"Management’s Discussion Analysis Financial Condition Results Operations.\nreported amounts 2017 2016 2015 reclassified interest income.\n December\n 2018 2016 2015\n compensation expense\n Sales marketing $2,075 $1,196\n General administrative 6,474 4,901 2,638\n Research development 12,054 7,332 4,214 2,035 1,266\n compensation expense $20,603 $13,429 $7,413 $4,001"
}
{
    "_id": "d1b30716c",
    "title": "",
    "text": "Repurchase Program\n 2019 2018 board authorized increases $1. 5 billion repurchase. shares repurchased\n 2019 $1. 5 billion repurchase authorization.\n millions\n shares repurchased 12\n Repurchase value $ 1,014"
}
{
    "_id": "d1b33e8e2",
    "title": "",
    "text": ". Intangible assets\n Goodwill allocated three CGUs segments\n Networks Security 73. 72\n Lifecycle Service Assurance 37.\n Connected Devices 46.\n 157. 155"
}
{
    "_id": "d1b34bc0e",
    "title": "",
    "text": ". Trade receivables\n IFRS 16 restated.\n due. settlement 30 days current. recognised unconditional invoiced reporting date. Group holds receivables contractual cash flows measures amortised cost interest method.\n Accrued income not invoiced. transferred receivables invoiced. receivables £0. 1m Auto Trader Stock Limited.\n credit risk losses disclosed note 31.\n Trade receivables 27. 28.\n impairment.\n trade receivables 24. 25.\n Accrued income 28. 26.\n Prepayments.\n Other receivables.\n 56. 54."
}
{
    "_id": "d1b3b17e8",
    "title": "",
    "text": "table stock-based compensation cost.\n unrecognized non-vested awards December 2019 $1. 2 billion. years.\n Capitalized stock compensation cost December 2019 2018 2017.\n $100 $82 $91\n Selling\n Research development\n Pre-tax compensation cost 510 534\n tax\n Net stock compensation cost $524 $393"
}
{
    "_id": "d1b3b1c3e",
    "title": "",
    "text": "Goodwill activity\n third quarter 2018 AI investments IOTG $480 million goodwill reallocated IOTG.\n fourth quarters 2019 2018 impairment assessments goodwill not impaired. accumulated impairment loss December 28, 2019 $719 million $365 million CCG $275 million DCG $79 million IOTG.\n 29, Acquisitions Transfers\n Data Center Group $5,424 $1,758\n Internet of Things Group 1,579\n Programmable Solutions Group\n Client Computing Group 4,403\n $24,513 $1,825,276\n Acquisitions Transfers\n Data Center Group $5,421\n Internet of Things Group 1,126\n 10\n Programmable Solutions Group 2,490\nComputing Group 4,356 47\n 718 238\n $24,389 $162 $24,513"
}
{
    "_id": "d1b3352d8",
    "title": "",
    "text": ".\n Revenue billing address\n No country 10% revenue.\n Ended December 31,\n. $1,979. $1,723. 1,504.\n 1,008. 936 727.\n $2,988. $2,660. $2,231."
}
{
    "_id": "d1b3a557e",
    "title": "",
    "text": "Goodwill Intangibles\n ASC 350 Company assesses goodwill impairment annually fourth quarter fiscal year October 1 balances. evaluates goodwill discounted cash flow valuation model allocates relative fair value approach. operating results business plans future cash flows. segments ACI On Premise ACI On Demand units.\n assumptions cash flow valuation discount rates growth rates cash flow projections terminal value rates. projections sensitive management judgment. rates weighted average cost capital. market industry data company risk factors. develops growth rates cash flow projections constant WACC long-term growth rates. recoverability test impairment calculates implied fair value. no impairment. impairment charge recorded. calculated fair value current carrying value all units periods.\nChanges goodwill December 31, 2019\n Goodwill acquisitions E Commerce Group Products. Speedpay. Walletron. purchase price allocations preliminary December 31, 2019 subject changes.\n intangible assets customer relationships trademarks names amortized three to 20 years. Company reviews assets impairment.\n Premise\n Gross Balance December 31, 2018 $ 183,783 $ 773,340 $ 957,123\n impairment\n 725,908 909,691\n Goodwill from acquisitions 370,834\n Balance December 31, 2019 $554,617  $725,908 $1,280,525"
}
{
    "_id": "d1b32a40a",
    "title": "",
    "text": "Dell purchases products channel partners. revenue receipts unearned revenue\n Sales Dell.\n Customer deposits $194 million $85 million January 31, 2020 February 1, 2019.\n Revenue Receipts Unearned Revenue\n 31, 1\n Reseller revenue $3,288 $2,355 $1,464 $3,787 $2,554\n Internal-use revenue 82 41 46 57 29\n Collaborative technology project receipts"
}
{
    "_id": "d1b30964c",
    "title": "",
    "text": ". Stock-Based Compensation\n December 31,\n 2019\n Sales marketing $2,075 $1,196 $561\n 6,474 4,901\n Research development 12,054 7,332 4,214\n $20,603 $13,429 $7,413"
}
{
    "_id": "d1b392e92",
    "title": "",
    "text": "\n IAS 12 Income Taxes deferred tax assets liabilities corporate tax rate temporary differences. UK assets liabilities REIT exemption tax rate 0 other 19 per cent before 1 April 2020 17 per cent after 1 April 2020. Spanish assets liabilities tax rate 25 per cent.\n deferred tax\n net deferred tax £0. 9 million revaluation development property Costa del Sol offset tax losses.\n Investment development property temporary differences\n deferred tax provision\n 1 January 2018 24. 6. 23. 7\n (5.\n.\n 31 December 2018 19. 2 18.\n (16.\n.\n 31 December 2019 2. 3 (1"
}
{
    "_id": "d1b307b12",
    "title": "",
    "text": "Debt Facilities\n total debt\n Short-term borrowings $98. million December 31, 2019 $89. million revolving credit facility $9. lines. borrowings $232. 8 million December 31, 2018 $140. revolving $83. million European securitization program $8. lines.\n long-term debt finance lease liabilities $10. 4 million 2019. Other $28. 7 million long-term liabilities finance leases. Note 4.\n unamortized discounts issuance costs $24. million $24. 3 million December 31, 2018.\n average interest rate short borrowings. 0% long-term debt. 8%. 2018. 8% long-term. 4%.\n Short-term borrowings 98. 232.\n long-term.\n.\n July 2022.\n 2023.\n. December 2020.\n.875% December 2022 421.\n. April 2023 422.\n. September 2023 445.\n. 125% December 2024 421.\n. September 2025.\n. December 2027 420.\n. 875% July 2033 445.\n.\n long-term debt 3,698. 3,236.\n 3,814. 3,474."
}
{
    "_id": "d1b333b86",
    "title": "",
    "text": "reconciliation unrecognized tax benefits\n April 26, 2019 $296 million unrecognized tax benefits $252 million long-term liabilities. $246 million income taxes. tax reform recorded benefits $114 million 2018.\n recognized adjustments interest penalties $4 million 2019 $5 million 2018 2017. interest penalties $18 million $22 million balance April 26, 2019 27, 2018.\n April 26, 2019 27, 2018 28, 2017\n Balance $ 348 $ 218\n Additions\n Additions\n Decreases\n Settlements\n Balance end period $ 296 $ $ 218"
}
{
    "_id": "d1b3b2ad0",
    "title": "",
    "text": "\n granted RSUs employees consultants Board Directors executives\n February 2016, granted 547,000 PSUs financial operational targets. performance\n 80% target. PSUs claw back rights no change\n stock compensation expense 2016\n financial statements. December 31, 2019 253,203 shares vested 200,297 forfeited\n remaining 93,500 shares vest 80% February 2020\n vesting\n October 2018 granted,888 PSUs targets.\n 75% December 31, 2020\n vesting requirements. remaining 25% vest first\n anniversary vesting.\n April 2019 granted 346,453 PSUs targets. vest 75% December 31, 2021 remaining 25% vest first anniversary. 346,453. vest 75% December 31, 2021 remaining 25% vest first anniversary vesting. None vested December 31,\ngranted 375,000 PSUs targets\n 2023. One-third eligible\n vesting requirements. values $4. 59 $4.\n $3. Monte Carlo simulation model term\n 4. years volatility 38. 45% risk-free interest rate. 7% dividend yield. 0%.\n vested December 31, 2019\n table summarizes stock award activities\n Shares Vesting Term\n Nonvested December 31, 2018 $6.\n Granted 3,288.\n.\n,340.\n Nonvested December 31, 2019,148."
}
{
    "_id": "d1b332ace",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries consolidated financial statements years 2017 2018 2019 amounts U. S. Dollars except. Tangible Assets Vessels Construction\n movements assets vessels\n Vessels carrying $4,407,156 December 31, 2019 $4,304,252) pledged collateral loan agreements.\n negative indicators difference lack liquidity reduced expectations modern fuel LNG carriers impairment assessment vessels\n property Vessels construction\n January 1, 2018 4,217,866 19,224 4,237,090 166,655\n Additions 49,036 4,678 53,714 637,046\n vessels construction 642,776\n non-current\n Fully amortized fixed assets\n December 31, 2018 4,899,678 23,710 4,923,388 159,275\nAdditions 26,233 27,687 450,918\n capital expenditures (11,224)\n Transfer vessels 406,870\n amortized assets\n 2019 5,314,348\n depreciation\n January 1 2018 460,815,709\n 144,611,474\n amortized assets\n December 31, 2018 595,426 4,380 599,806\n Depreciation 156,826,701\n Impairment loss vessels 162,149\n amortized assets\n December 31, 2019 907,192 912,447\n Net book value\n 2018 4,304,252\n 4,407,156,065"
}
{
    "_id": "d1a711c7c",
    "title": "",
    "text": "deferred tax assets liabilities\n uncertainty valuation allowance. taxable position income future growth OpenText.\n Deferred tax assets\n Non-capital loss carryforwards $161,119 $129,436\n Undeducted research expenses 137,253 123,114\n Depreciation amortization 683,777 829,369\n Restructuring costs reserves 17,845\n Deferred revenue 53,254\n deferred tax $1,112,987 $1,219,725\n Valuation Allowance,328),924)\n Scientific research tax credits,342\n deferred tax asset $948,578 $1,042,791\n Long-term assets 1,004,450 1,122,729\n"
}
{
    "_id": "d1a73b824",
    "title": "",
    "text": "FINANCIAL STATEMENTS data\n NOTE 12 Debt\n Long-term\n February 12, 2019 five-year Credit Agreement banks extend term facility. revolving $300,000 $150,000 approval. replaces prior $300,000 expired August 10, 2020. Borrowings $50,000 refinanced. terminated February 12, 2019.\n Revolving Credit Facility includes swing line $15,000 letter credit $10,000. Borrowings interest base rate. quarterly commitment fee. ranges. 20% to. 30% leverage ratio.\n maximum leverage ratio charge coverage ratio. borrowing availability. debt covenants December 31, 2019. quarterly statements annual statements auditor certifications compliance certificates quarter. restrictions dispose assets incur debt repay create liens investments loans mergers consolidations stock repurchases dividend payments.Interest rates Revolving Credit Facility LIBOR leverage ratio.\n issuance costs long-term amortized straight-line. Amortization months $163 $185 2018 2017. Consolidated Statement Earnings.\n interest rate swaps variable fixed. cash flow hedges changes recorded earnings.\n December\n credit facility $300,000\n Balance $99,700\n Standby letters credit $1,800\n $198,500 $248,060\n Weighted-average interest rate. 25%.\n Commitment fee."
}
{
    "_id": "d1b31297c",
    "title": "",
    "text": "Performance Share Awards\n grant performance shares to executives key employees Company-wide performance goals. performance goal for one-third performance shares three-year period 2019 based on fiscal 2017 EBITDA return on capital. results Lamb Weston. performance goal final two-thirds shares 2019 based on diluted EPS compound annual growth rate two-year period 2019. certain performance shares subject overarching EPS goal met each year payout. awards earned range zero to two hundred percent targeted shares.\n performance goal three-year 2020 2021 based on diluted EPS CAGR. shares overarching EPS goal met each fiscal year payout. awards earned range zero to two hundred percent targeted shares.\n Awards paid in shares common stock. shares earned distributed after end performance period if participant Company date distribution.value adjusted market price performance amortized compensation expense vesting. Forfeitures accounted.\n activity share awards May 26, 2019 changes\n compensation expense $8. 2 million $11. 8 million $13. 3 million 2019 2018 2017. tax benefit $2. 1 million $3. 9 million $5. 1 million.\n total value shares vested $15. 7 million $11. 2 million $2. 8 million.\n estimates May 26, 2019 $13. 2 million unrecognized compensation expense. 7 years.\n Nonvested shares May 27, 2018.\n.\n Adjustments results dividend equivalents.\n.\n.\n Nonvested shares May 26, 2019."
}
{
    "_id": "d1b3052cc",
    "title": "",
    "text": ". ACCOUNTS\n compensation credits doubtful accounts\n balances 2019 2018 2017 compensation credits $4. 5 million $6. 3 million $8. 9 million.\n $6,795 $9,410 $3,279\n 11,989\n Charge-offs (13,737\n $5,047 6,795 9,410"
}
{
    "_id": "d1b3668c4",
    "title": "",
    "text": "Goodwill\n increase Compass Analytics acquisition deductible. 2018 increase $19. 7 million deductible $3. 2 million not deductible.\n Data Analytics\n December 2017 $2,134. $172. $2,306.\n HeavyWater Ernst acquisitions.\n 2018 2,157. 2,329.\n Compass Analytics.\n December 2019 $2,189. $172. $2,361."
}
{
    "_id": "d1b333a28",
    "title": "",
    "text": "temporary differences deferred tax assets liabilities\n December 22, 2017 Tax Cuts Jobs Act 2017 Internal Revenue Code. corporate tax rate 35% to 21% 2017 transition. international taxation one-time transition tax repatriation foreign earnings 2017.\n acquisition Connect First January 14 2019 net deferred tax liability $3. 2 million/tax differences acquired technology customer relationships. additional income assets. valuation allowance. 2 million recorded statements tax benefit.\n 2019 federal net operating loss carryforwards $782. 7 million $272. 9 million 2023 2037 remainder. state net operating loss carryforwards $675. 6 million 2021. research credit carryforwards federal California tax $20. 2 million $15. 7 million income. federal 2028 California carry indefinitely\nInternal Revenue Code 1986 restrictions net operating losses. losses Section 382. ownership change 50% three-year. federal state net losses ownership\n management believes deferred tax assets realized 2019 valuation allowance. net deferred tax assets. net change increase $86. 0 million $18. 2 million\n Deferred tax assets\n Net operating loss credit carry-forwards $196,930 $109,812\n Research development credits 24,452\n Sales tax liability\n Share-based compensation\n Accrued liabilities\n Gross deferred tax assets 234,088\n Valuation allowance\n deferred tax assets 53,998 42,902\n liabilities\n Convertible debt discount (16,701 (21,035)\n Deferred sales commissions (28,601 (18,253)\nintangibles (3,857)\n Property (3,573\n deferred tax"
}
{
    "_id": "d1b358382",
    "title": "",
    "text": "9 ASSETS\n non-qualified deferred compensation plan management\n directors. defer compensation retirement\n. cash\n deposits Rabbi Trust equity bond mutual funds\n elections. deferred compensation plan liability\n Non-Current Liabilities balance sheets.\n investment licensees 12. 5% equity\n Mexican licensee $1. 7 million wholly-owned subsidiary\n Benelux French licensees.\n cost\n. received dividends Mexican licensee. 3\n million. 2 million 2018 2017.\n 2015, invested £1,400,000 $2. 2 million 49% minority\n Smart Driver Club technology insurance startup\n. accounted equity method\n. loans £5,700,000\n $7. 6 million Smart Driver Club annual interest rate 8%\n due 2021. equity net loss $1. 8 million $1. 4 million $1. 3\n million 2017.\nequity investment impairment. decision dictated\n losses liquidity Smart Driver Club. recorded\n impairment charge $5. 0 million loss net loss\n. Smart Driver Club £400,000 debt March 26, 2019\n fourth amendment agreement\n August 24 2017 acquired ownership interest $1. 4 million ThinxNet GmbH\n.\n cloud mobile automotive.\n cost basis investment.\n executed unsecured convertible note receivable $1. 27 million interest rate 6% fixed\n term 12 months converted equity ThinxNet\n. equity receivable\n accounts receivable ThinxNet. No gain loss. assets\n balance sheet February.\n August 2018 ThinxNet financing transaction. converted $300,000 accounts receivable ownership interest. revalued recorded impairment charge $326,000. loan repaid June 2019.\n\n Deferred compensation plan $6,413 $5,641\n licensees 2,263\n ThinxNet\n Smart Driver Club\n Deferred product cost 10,094 3,523\n $18,829"
}
{
    "_id": "d1b3a581c",
    "title": "",
    "text": "VMware Pivotal Stock Options\n table summarizes activity since February 3 2017\n weighted-average price February 1, 2019 reflects adjustments Special Dividend.\n Stock option VMware equity plan includes. 6 million options unvested.\n forfeited. 2 million options converted VMware conversion ratio.\n. 4 million vested options settled cash.\n options granted unvested options combinations. weighted-average exercise price per share may vary VMware stock price grant\n stock options January 31, 2020 value $239 million closing stock price.\n VMware Pivotal Options\n Weighted-Average Price\n February 3 2017 $69.\n Granted.\n Forfeited.\n Expired.\n Exercised.\n February 2, 2018 1,647 54.54,388.\n Granted. 2,832.\n Dividend adjustment\n Forfeited 24. 44 (2,028).\n Expired.\n Exercised. 73 (9,018.\n February 1 1,969. 45,901.\n 1,571.\n. 83 (10,822).\n Expired.\n (776). 94 (34,951).\n January 31, 2020 2,615 56. 58"
}
{
    "_id": "d1b39690c",
    "title": "",
    "text": "EBITDA\n 2019 foreign exchange rate. 3255 USD/CDN.\n Fiscal 2018 IFRS 15 accounting policy Cogeco Peer 1 discontinued operations. policies operations sections.\n Fiscal 2019 translated average foreign exchange rate. 2773 USD/CDN.\n EBITDA increased 10. 0%. 5% American broadband services MetroCast FiberLight acquisitions Canadian broadband services decline operating expenses.\n \"Segmented operating financial results section.\n Years ended August 31, 2019 currency Foreign exchange impact\n Canadian broadband services,681.\n American broadband services 465,645 369,200.\n Inter-segment eliminations (46,386.\n 1,107,940 1,006,818."
}
{
    "_id": "d1b35aae2",
    "title": "",
    "text": "INCOME TAX\n domestic foreign components loss December 31, 2019 2018 2017\n thousands\n Domestic $(22,708 $29,110 $17,120\n Foreign\n,708 $28,790 $16,651"
}
{
    "_id": "d1b2f0156",
    "title": "",
    "text": "Adopted Accounting Guidance\n May 28, 2014, Financial Accounting Standards Board issued Accounting Standards Update. 2014-09 Revenue Contracts Customers Topic 606 revenue transfer promised goods services. Topic 606 Subtopic 340-40 Assets Deferred Costs Contracts capitalization incremental costs contract. new revenue standard replaces revenue recognition guidance GAAP permits full modified retrospective transition method.\n December 1, 2018 adopted new revenue standard. Prior information restated standard. applied revenue standard contracts completed. accounting policies revenue recognition sales commissions.\n recognized cumulative effects revenue standard December 1, 2018\n capitalized $413. 2 million contract acquisition costs. amortizing costs period benefit.\n Revenue contracts deferred. recorded adjustments balances increase unbilled receivables $24.contract assets $46. million deferred revenue $52. million adjustments earnings.\n deferred income tax liability $82. 8 million.\n impacts reduction retained earnings.\n November 30 December 1, 2018\n Trade receivables $1,315,578 $43,028,358,606\n Prepaid expenses assets 312,499\n Other assets 186,522 273,421\n Liabilities Stockholders’ Equity\n Accrued expenses 1,163,185,543\n Deferred revenue 2,915,974\n Deferred income taxes 46,702\n Retained earnings $11,815,597"
}
{
    "_id": "d1b33e04a",
    "title": "",
    "text": ". Profit before tax\n items charged\n $ million\n Employee benefit costs 220. 208.\n Costs inventories. 79.\n-down inventories net realisable value.\n Amortisation intangible assets.\n Depreciation property plant equipment.\n Depreciation right-of-use assets.\n Amortisation contract.\n Operating leases minimum lease payments.\n Expenses short-term leases low assets.\n Product development costs 96.\n Net foreign exchange loss."
}
{
    "_id": "d1b353ec2",
    "title": "",
    "text": "pre-tax discount rate recoverable calculations 8. 5% (2018. 0% based weighted average cost capital risks uncertainties. risk-free rate return market risk premium beta factor Group comparator companies.\n same discount rate CGUs principal risks uncertainties to 33 impact CGU. additional factors risk profile considered analysis annual impairment tests.\n future growth rates income operating costs. change growth rate assumptions pre-tax discount rate cash flow projections. value-in-use calculations suggest impairment Board alternative use values.\n assumptions\n 2019 review no impairment recognised CGUs. Sensitivity\n analysis. no changes assumptions growth rate\n discount rate impairment.\n Annual growth rate.\n Risk free rate return.\n Market risk premium.\n Beta factor.\n Cost debt. 3%"
}
{
    "_id": "d1b308256",
    "title": "",
    "text": "PROPERTY EQUIPMENT\n equipment\n Depreciation $80,206 $58,423\n Computer $137,763 $94,384\n Furniture fixtures 187,167 159\n 254,032\n depreciation 148,916 104,702\n $176,014 $149,330"
}
{
    "_id": "d1b3b0582",
    "title": "",
    "text": "Stock Units\n table summarizes RSU activity years\n cost determined value Common Stock compensation expense recognized vesting period. recognized $6. $5. $4. million stock compensation expense. 2019 $12. 2 million unrecognized compensation expense. years.\n Value Per Share\n 2016 2,046,169 $4.\n 1,249,224 $6.\n $4.\n.\n 2017 2,357,021 $5.\n 1,184,906 $8.\n $5.\n $7.\n 2018 2,580,176 $6.\n 1,147,976 $9.\n $6.\n $7.\n 2019 2,352,487."
}
{
    "_id": "d1b3a75ea",
    "title": "",
    "text": "performance measures\n Cash generation\n key performance. Executive Directors’ remuneration.\n adjusted operating profit depreciation amortisation less cash payments pension schemes equity settled share plans working capital changes.\n Adjusted operating profit 282. 264.\n Depreciation amortisation.\n Cash payments pension schemes.\n Equity share plans 6.\n Working capital changes (21.\n 296. 276."
}
{
    "_id": "d1b383190",
    "title": "",
    "text": "obligations December 31, 2019 2019 Senior Secured Credit Facility financing three 2018 Newbuildings.\n table financial commercial obligations.\n indebtedness.\n estimated interest payments.\n Newbuildings.\n.\n future obligation operating lease liabilities.\n five-year senior secured credit facility $306. 1 million twenty-year maturity floating LIBOR interest rate matures February 2024. excess cash amortization 50% net earnings collateral amortization.\n Contractual Obligations Less 1 1-3 3-5 years 5 years\n Senior Secured Credit Facility (1) 291,798 18,749 30,610 242,439\n Interest Payments (2) 82,255 21,690 39,624 20,941\n Financing 2018 Newbuildings (3) 119,867 16,287 17,849 78,101\nNewbuildings 47,517 7,674 13,739\n Lease 1,937\n,374 56,243 100,898 293,342"
}
{
    "_id": "d1a712ba4",
    "title": "",
    "text": ". Fair value estimation table analyses Group’s financial instruments fair value 31 December 2019 by valuation techniques. inputs categorised three levels\n Quoted prices active markets\n Inputs\n unobservable 3).\n fair value of financial instruments traded in active markets determined quoted market prices reporting period. active if quoted prices available represent market transactions. instruments included in level 1.\n fair value of instruments not traded active market determined valuation techniques. maximise observable market data rely little on entity specific estimates. If all inputs level 2.\n not level 3.\n valuation techniques include Dealer quotes fair value of interest rate swaps calculated estimated future cash flows yield curves discounted cash flow analysis.\n 1 2 3\nRMB’Million\n 31 December 2019\n 14,766 5 116,079 135,936\n 74,707 81,721\n 375\n liabilities 2,396\n 31 December 2018\n 10,875 5 81,993 97,877\n 41,578 1,941 43,519\n 2,032\n liabilities 4,466"
}
{
    "_id": "d1b349094",
    "title": "",
    "text": "Property equipment\n Depreciation amortization $86. 5 million $97. 4 million $88. 8 million 2019 2018 2017.\n. Depreciation recorded estimated useful life term straight-line method. lives. Maintenance repairs.\n Estimated Lives\n Computer equipment 3 years $. $ 417.\n 55. 40.\n Indefinite.\n Buildings improvements 5-40 years 145. 175.\n Leasehold improvements 99. 70.\n 1-20 years 25.\n property equipment 770. 739.\n accumulated depreciation amortization (511. (440.\n $ 258. $ 299."
}
{
    "_id": "d1a71a4e4",
    "title": "",
    "text": "Film Electrolytic\n table sales operating income 2018 2017\n 2018 2017 adjusted ASC 606\n $202. million increased $19. 7 million. 8% from $182. 2 million 2017. distributor $13. 7 million $3. 3 million OEM $4. 2 million EMS. offset decrease $1. 2 million OEM Americas APAC. impact $7. 6 million foreign currency exchange Euro.\n Operating Income\n $3. 6 million 2018 improved $12. 7 million from $9. million 2017. $4. 3 million increase gross margin restructuring activities. $11. 7 million loss write down disposal long-lived assets. offset $2. 1 million restructuring charges $0. million SG&A expenses. million R&D expenses.\n Fiscal Years\n March 31, 2018 2017\nNet Sales\n $201,977 $182,228\n Segment operating income 3,622. 8% (9."
}
{
    "_id": "d1b33bb60",
    "title": "",
    "text": "\n. EBITDA non-IFRS earnings before interest tax depreciation amortisation.\n. NPATA profit after tax amortisation intangibles. EPSa Remuneration Report.\n. EBITDA NPAT costs Sigma acquisition premises lease. Note 4.\n revenue FY19 $231. 3 million $0. 5 million up FY18. Sigma $5. million $4. 5 million lower. lower non revenues lower licence fees reduced project work. recurring revenues 63% revenue.\n EBITDA $55. 8 million. 0% $60. million FY18. EBITDA margin 24. 1% 26. 0%. Sigma $0. 1 million EBITDA June. Sigma EBITDA margin 24. 6%. lower non-recurring revenue expenses Centre.\nMillion FY19 FY18 Variance\n Operating revenue 231. 230.\n EBITDA 55. 60.\n NPAT 24. 29. 7%\n NPATA 33. 38. 9%)\n EPS 17. 19. 6%"
}
{
    "_id": "d1b395b9c",
    "title": "",
    "text": "Proofpoint, Inc. Consolidated Financial Statements (dollars share amounts thousands\n transaction price performance obligation standalone selling price.\n Recognition revenue Company satisfies performance obligation recognizes revenue control services transferred customers consideration. records revenue net value added sales tax.\n generates sales channel partners. discount revenues recorded\n. recorded recognition criteria met. Channel partners receive order carry inventory products. Payment not contingent success. offers rebates joint marketing funds incentive programs revenues reduced.\n Payment terms invoiced amounts 30 to 45 days.\n Disaggregation Revenue\n derives revenue subscription service software hardware services service training.\n revenue disaggregation\n Subscription service revenue\nSubscription service revenue-based enterprise licensing model contract terms one to three years subscription fees platform subscription fees software support updates. (3) subscription fees for customer support services for software standalone functionality hardware. hosted on-demand service arrangements provide right possession software. Support revenue from security updates upgrades bug fixes maintenance. time-elapsed method progress control. fixed consideration revenue recognized straight-line over contract term access revenue criteria met. contracts non-inate\n revenue terms one to three years subscription fees fees software support updates. obligation (3) subscription fees for access support services for software standalone functionality hardware. hosted on-demand service arrangements right possession software. Support revenue from security updates upgrades bug fixes maintenance. time-elapsed method progress control.fixed subscription service revenue recognized contract term criteria. contracts non-cancelable. Customers terminate fails. purchase additional services stated price. evaluated case-by-case material right separate performance obligation.\n Ended December 31,\n Subscription service revenue $849,267 $681,138 $489,274\n software revenue 25,739 23,262 17,081\n Hardware services 13,184 12,594\n Total revenue $888,190 $716,994 $519,681"
}
{
    "_id": "d1b3b9c72",
    "title": "",
    "text": "Stock Options Market-based Vesting Criteria\n grant NQs market stock target. Share-based compensation expense recognized three years.\n compensation expense reversed. common stock target price remaining unamortized compensation cost recognized.\n Stock options 2019 2018 2017 585,000 325,000 320,000 fair values $7. 47 $15. 52 $13. 18 per share total fair value $2. 4 million $5. 0 million $4. 3 million.\n valued Monte Carlo simulation model.\n 2019 canceled 1,122,500 performance-based stock options 748,328 PRSUs 13 employees. incremental compensation cost $8. 2 million recognized share-based compensation expense three years.\n remaining compensation expense September 27, 2019 $2. 8 million.\n Risk-free interest rate.\nterm 3. 7.\n volatility 51. 45.\n $53. $98. $67"
}
{
    "_id": "d1b33b16a",
    "title": "",
    "text": "15. EXHIBITS FINANCIAL STATEMENT SCHEDULES\n. Financial Statements\n Reference Item 8 financial statements schedules Report.\n. Statement Schedules\n QuickLogic Corporation\n Valuation Qualifying Accounts\n schedules omitted financial statements.\n Balance Beginning Period Costs Expenses Write-offs End Period\n Allowance Doubtful Accounts\n Fiscal Year 2019\n Year 2018\n 2017\n Allowance Deferred Tax Assets\n Year 2019\n Fiscal Year 2018\n Year 2017 $79,150"
}
{
    "_id": "d1b305740",
    "title": "",
    "text": ". Property Equipment\n January 31, 2020 construction buildings improvements.\n Depreciation $234 million $211 $206 million 2020 2019 2018.\n Equipment software $1,404 $1,448\n Buildings improvements 1,088\n Furniture fixtures\n Construction\n equipment 2,718 2,611\n depreciation (1,438)\n $1,280 $1"
}
{
    "_id": "d1b3abe92",
    "title": "",
    "text": "Income Taxes\n 2018 tax rate different Tax Act reform. Company recorded $3. 3 million reduction deferred rate tax liabilities net operating losses offset valuation allowance foreign state tax effects $0. 4 million settlement California Franchise Tax Board. differences. March 31, 2018 $198. 7 million federal net operating loss carryforward expires 2031 2038.\n 2017 tax rate different net operating losses deferred tax assets offset valuation allowance state taxes. differences.\n uncertain reduction unrecognized tax benefits zero to $0. 1 million. 2 million interest tax examinations expiration statutes limitations. routinely audited changes unrecognized tax benefits.\n valuation allowance deferred tax assets. tax assets future taxable income.losses management believes realize benefits deductible differences.\n Year ended March 31,\n 2018 2017\n Income tax expense (3,251) 3,487\n tax rate (28. (2."
}
{
    "_id": "d1b325e28",
    "title": "",
    "text": "Revenue\n Consolidated Statement Profit Loss\n-ended March 2019 2018\n Revenue Product\n 328. 5 316.\n 348. 4 291.\n 33.\n 710. 6 639."
}
{
    "_id": "d1b3ae8fe",
    "title": "",
    "text": ". STATEMENTS COMPREHENSIVE INCOME\n Reclassification 2019.\n Tax benefits $(5 $0 $(326) translation adjustments.\n benefits $0 $(2) $(1,876) unrealized losses securities.\n Tax expenses $(2 $202 $1,747 defined benefit pension plans.\n 28,2019 29,2018 30,2017\n Net income $53,825 $247,358 $207,122\n income\n Translation adjustment net (32,609)\n unrealized losses securities\n benefit pension plans\n income (39,169\n Comprehensive income $14,656 $230,285"
}
{
    "_id": "d1b31aa78",
    "title": "",
    "text": "table beneficial ownership common shares April 12, 2020 three years stockholders 2% directors executive officers. ownership SEC rules.\n 36. 49% owned United Microelectronics Corporation March 31, 2020.\n major stockholders voting rights. not controlled by corporation foreign government.\n “Item 9. Offer. Price Information American Depositary Shares” annual report.\n April 14, 2018 2019 12, 2020\n common shares owned\n Beneficial Owner\n Hsun Chieh Investment Co. 3. 50%. 64% 441,371,000. 75%\n Silicon Integrated Systems. 50%. 35% 285,380,424. 42%\n Directors executive officers 6. 32%. 67% 832,664,416. 07%"
}
{
    "_id": "d1b30fa1a",
    "title": "",
    "text": ". Contingent liabilities legal proceedings\n future cash outflows likelihood payment not.\n Performance bonds require payments\n guarantees Vodafone Group 50% AUD1. 7 billion US$3. 5 billion Vodafone Hutchison Australia Pty Limited. net investment joint venture 12.\n 2019 2018\n Performance 337 993\n Other guarantees contingent liabilities2 2,943 4,036"
}
{
    "_id": "d1b30d274",
    "title": "",
    "text": "Communications Solutions segment operating income decreased $79 million 2019 2018. included\n decreased lower volume.\n Restructuring charges $ 48 $ 13\n $ 49 $ 13"
}
{
    "_id": "d1b37b0da",
    "title": "",
    "text": "Results\n table summarizes combined results Company TOKIN acquisition Sale April 1 2016. pro forma amounts not indicative future results\n net income March 31, 2018 excludes 34% gain sale EMD $75. 2 million 34% interest TOKIN $68. 7 million bargain gain acquisition $62. 2 million.\n net income March 2017 includes 34% gain sale EMD $123. 4 million valuation allowance deferred tax asset gain 34% interest TOKIN $66. 7 million bargain gain acquisition $60. 3 million.\n years March 31, 2018 2017 adjusted ASC 606.\n forma revenues $1,217,655 $1,060,777\n net income operations stockholders 51,975 226,086\n earnings common share.\n diluted.\n 52,798\n diluted 58 55"
}
{
    "_id": "d1b3640ce",
    "title": "",
    "text": ".\n 31,2019\n materials $2,310,081 $2,070,569\n 468,217,742\n Finished goods 314,258,335\n (69,553)\n $3,023,003,457,706"
}
{
    "_id": "d1b3c492e",
    "title": "",
    "text": "Financial Data\n millions-share\n fourth quarter 2019 $872 million charge reversal. taxation foreign dividends. Treasury regulation.\n Ended July 27, April January October 27,\n Revenue. $13,428 $12,958\n Gross margin $8,574 $8,173\n Operating income $3,690 $3,513 $3,211 $3,805\n Net income $2,206 $3,044\n income share.\n diluted.\n Cash dividends share.\n Cash equivalents investments. $33,413 $34,643 $40,383 $42,593"
}
{
    "_id": "d1b3a38e6",
    "title": "",
    "text": ". Contract balances\n table receivables contract liabilities contracts. Group contract assets.\n no revenue recognised 2019 2018 2017 obligations previous periods.\n revenue invoicing cash collections results in trade receivables deferred income payments.\n Group receives payments billing schedule. receivables recognised right consideration unconditional. Contract liabilities recognised revenue.\n recognises incremental costs contract. costs assets note 21.\n Trade receivables 128. 123. 113.\n Contract liabilities\n Payments.\n Deferred income 66. 69.\n.\n Revenue recognised from contract liabilities beginning 56. 65. 62."
}
{
    "_id": "d1b3a6d3e",
    "title": "",
    "text": "EARNINGS PER SHARE\n computed average common stock. Diluted EPS dilutive shares. stock options awards.\n components basic diluted EPS\n Anti-dilutive stock-based awards excluded immaterial.\n Ended June 30 2019 2018\n Net income shareholders $ 39,240 $ 16,571 25,489\n Weighted average shares 7,673 7,700 7,746\n Dilutive effect stock-based awards 80\n Common stock 7,753 7,794\n Earnings Per Share\n Basic $ 5. $.\n Diluted."
}
{
    "_id": "d1b3c7ed0",
    "title": "",
    "text": "GOODWILL\n value\n Reclassifications due tax adjustments acquisitions 2019 2018. Note 2.\n Application Network Software Measurement Analytical Solutions Process Technologies\n Balances December 31, 2017 $ 4,565. $ 2,591. $ 1,345. 318. 8,820.\n Goodwill 684. 33. 717.\n sale (156.\n.\n Reclassifications 3.\n Balances December 31, 2018 $ 5,236. $ 2,623. $ 1,174. $312. 9,346.\n Goodwill acquired 143. 1,303. 1,447.\n.\n Reclassifications.\n Balances December 31, 2019 $ 5,389. $ 3,933. 1,178. 314. 10,815."
}
{
    "_id": "d1b3bc7f6",
    "title": "",
    "text": "Cash Flow Hedges\n instruments gain loss AOCI reclassified earnings transactions. summary gains cash flow hedges June 30 2019 2018 2017:\n Gain AOCI Derivatives\n Years Ended June 30\n millions 2019 2018\n Derivatives Cash Flow Hedging Relationship\n Commodity contracts $45. $41. $9.\n Foreign exchange contracts.\n $44. $41. $9."
}
{
    "_id": "d1b372476",
    "title": "",
    "text": "Adjusted EBITDA Earnings before Interest Expense Taxes Depreciation Amortization Special Items. Management uses performance business. metric. Annual Incentive Plan. estimates. misleading. vary calculation all periods. provides comparison performance. assumes gain/losses Special Items not reflective core operating results.\n Includes depreciation amortization adjustments of $(0. 8) million $(2. 4) million years December 31, 2019 2018.\n Other Special Items fees professional services legal fees Special Items one-time infrequent.\n performance using Adjusted EBITDA Margin. calculated divided by net trade sales. profitability of sales to third parties efficiency core operations.\n table shows reconciliation. GAAP Net Earnings operations to non-U.GAAP Company EBITDA operations\n December 31,\n earnings $ 293. $ 150. 62.\n Interest 184. 177.\n Income tax provision 76. 307. 330.\n Depreciation amortization 184. 159. 158\n Special Items\n Restructuring 41.\n restructuring 60.\n Foreign currency exchange loss inflationary economies.\n Loss debt redemption refinancing.\n acquisition divestiture.\n Novipax settlement.\n-action litigation settlement.\n retirement.\n Special 29.\n Pre-tax impact Special Items 225. 94.\n. GAAP Company Adjusted EBITDA operations $ 964. $ 889. $ 833."
}
{
    "_id": "d1b361590",
    "title": "",
    "text": "Management allowance credit loss lifetime provision trade receivables. receivables overdue 180 days 25%-100% category. overdue year 100%.\n Movements provisions freight receivables\n Allowance loss recognized income statement expenses bunkers commissions.\n calculated ageing factor customer knowledge based provision matrix days past due.\n Allowance credit loss\n Balance 1 January 1. 7 1. 3 2.\n Adjustment prior years 1.\n Provisions 2. 4\n -1.\n.\n Balance 31 December 3. 7 1."
}
{
    "_id": "d1b34a6a6",
    "title": "",
    "text": "Deferred taxes recognized deductible differences loss tax differences. tax bases. assets reduced valuation allowance. adjusted tax laws rates enactment.\n December 31, 2019 Company net operating loss carry-forwards $21. 6 million offset future income. No tax benefit reported 2019 financial statements offset valuation allowance.\n deferred tax assets\n ownership Tax Reform Act 1986 operating loss carry-forwards subject annual limitations.-forwards limited future years.\n Deferred tax assets\n NOL carryover $5,910 $3,370\n R&D carryover 173\n Depreciation\n 6,361 3,843\n Less valuation allowance\n Net deferred tax asset"
}
{
    "_id": "d1b2e5f26",
    "title": "",
    "text": "Assets\n balance sheets\n December 31,\n Prepaid expenses $274 307\n Income tax receivable 35\n Materials supplies inventory 105\n Contract assets\n acquisition 178\n fulfillment costs 115\n 59\n $808"
}
{
    "_id": "d1a71aebc",
    "title": "",
    "text": ". EQUITY\n September 2018 Group $175. 4m equity raising. 105,677,937 securities $59. 5m 39,712,882.\n 25 June 2019 $170m equity raising. June proceeds. future issue AASB 132 contributed equity. 99,415,205 securities 1 July 2019. not.\n non-underwritten security purchase plan. 30 July 2019 $13. 5m,735 securities.\n 9,143,772 (2018 6,480,246) securities issued $16. 2m $9. 6m. average price ten days 2% discount.\n capital 83,692 66\n future issue 16\n contributed equity 100,143 66\n securities\n balance 1 July,107,042 512,913,914\n retail 105,677,937 39,712,882\n9,143,772 6,480,246\n,928,751,107"
}
{
    "_id": "d1b3238b2",
    "title": "",
    "text": "ACQUISITIONS PROPERTY PLANT EQUIPMENT\n capital intensity segment\n Fiscal 2018 restated IFRS 15 change accounting policy. policies. 2019 translated average foreign exchange rate. 3100 USD/CDN.\n fourth-quarter acquisitions decreased 10. 6%. 2% lower capital expenditures Canadian American broadband services. capital intensity 24. 9% 28. 7% lower higher revenue.\n months August\n Canadian broadband services 79,132 89,405.\n 24. 7% 28.\n American broadband services 65,967 72,914.\n.\n Consolidated 145,099 162,319.\n 24. 9% 28. 7%"
}
{
    "_id": "d1b2ffdae",
    "title": "",
    "text": "table intangible assets acquired estimated lives date acquisition.\n developed technology management organization. customer relationships Trello.\n.\n Developed technology $50,600\n Customer relationships 56,900\n Trade names 19,900\n Total intangible assets amortization $127,400"
}
{
    "_id": "d1b39d180",
    "title": "",
    "text": "June 30 2018 Company adopted ASU 2016-18-Statement Cash Flows Restricted Cash. requires change cash equivalents restricted. reconciling. retrospective transition method. financial statements.\n table summarizes balance sheet adjustments New Revenue Standard ASU 2016-01-Financial Instruments (Subtopic Recognition Financial Assets Liabilities ASU 2016-16-Intra-Entity Transfers Assets Other Inventory\n Balance\n March 31, 2018 ASU 2016-01 2016-16 April 1, 2018\n Accounts receivable $563. $340. $903.\n Inventories $476. $471.\n assets $119. $17. $137.\n Long-term deferred tax assets $100. $1,579. $1,656.\n $71. $47.\n\n Accrued $229. $404. $633.\n Deferred income shipments $333.\n deferred tax liability $205. $16. $221.\n-term liabilities $240. $239.\n STOCKHOLDERS EQUITY\n loss $(17.\n Retained earnings $1,397. $241. $1,558. $3,199."
}
{
    "_id": "d1b3c6f44",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars share\n table loan receivable sales servicing.\n Ended December 31,\n Gain sold loan receivables\n Cash Flows\n Sales $91,946 $139,026 $72,071\n Servicing fees 3"
}
{
    "_id": "d1b3b12e8",
    "title": "",
    "text": "Cash flow measures capital additions\n free cash flow capital additions operating free cash flow calculated not recognised IFRS. communicate free cash flow investors\n evaluate liquidity cash. include payments licences intangible assets dividends discretionary acquisitions disposals financing. reflect amounts obligation incur. cash discretionary activities financial position returns dividends purchases\n Free cash flow facilitates comparability results\n used planning reporting incentive\n investment community debt rating agencies.\n reconciliation of cash generated operations operating free cash flow.\n 2019 2018 2017\n Cash generated operations 14,182  13,860 13,781\n Capital additions (7,227) (7,321) (7,675)\n Working capital movement (89) 171  (822)\nproperty plant equipment 45\n Restructuring 266\n free cash flow 7,071\n Taxation\n Dividends\n non-controlling shareholders (584\n Interest\n cash flow 5,443 5,417 4,056\n Licence spectrum payments,123\n Restructuring payments (195)\n cash flow 4,411 4,044 3"
}
{
    "_id": "d1b38346a",
    "title": "",
    "text": "finance cost £47. 2m £1. 2m 2017/18. interest £40. 5m £3. 9m. senior secured notes £31. 7m.\n £0. 5m lower re-financing 2021 £325m 6. 5% October 2023 £300m 6. 25%. debt interest £5. 1m £2. 1m lower lower debt margin revolving credit refinancing 2018. debt costs £3. 7m £1. 3m lower lower transaction costs £300m. 25%.\n redemption fees £11. 3m £5. 7m fee £5. 6m redemption fee.\n £0. 4m discount long-term property provisions yields cost. 2018/19 discount charge £3. 0m cost £47. 2m. interest income £7. 6m Hovis Holdings reversal impairment.\nsecured notes interest 31. 7 32.\n Bank debt interest. 7.\n 36. 39.\n Amortisation debt issuance costs. 7\n 40. 44.\n movements interest rate instruments.\n Write-off financing costs redemption fees 11.\n Discount.\n finance income.\n interest. 8\n finance cost 47. 48."
}
{
    "_id": "d1b359e3a",
    "title": "",
    "text": ". Debt\n Revolving Credit Facility Loan\n September 12, 2018 Company five-year Credit Agreement Bank of America. Wells Fargo Bank. 2016,. senior unsecured revolving credit facility $200. million term loan $250. million. increase $200. million. guaranteed. subsidiaries. quarterly payments. 25% original ($3. 1 million remaining balance due September 12, 2023.\n borrowings variable rates debt EBITDA ratio. interest rate 3. 98% April 27, 2019. representations warranties financial covenants restrictive covenants events default. covenants. fair value approximates book value interest variable.\n Subsidiary Credit\n Pacific Insight Bank of Montreal maximum C$10. million option increase C$5. million. Availability eligible accounts receivable finished goods inventory balances.Interest calculated base rate plus margin. Pacific Insight credit agreement Roynat terminated 2019. repayments $3. 8 million prepayment fee $0. 1 million.\n Procoplast eighteen notes maturities 2019 to 2031.-average interest rate 1. 5% April 27, 2019 $3. 2 million short-term. fair value debt $16. 3 million Level 2 inputs nonrecurring.\n paid $3. 1 million September 12 2018. amortized five-year term.\n Revolving Credit Facility.\n Loan.\n.\n.\n Unamortized Debt Issuance Costs.\n.\n.\n Long-term Debt."
}
{
    "_id": "d1b2ed74e",
    "title": "",
    "text": "fourth third quarters 2019 2018 recorded income tax expense $62 million $28 million $28 million reflecting third quarter 2019 estimated annual tax rate jurisdictions consolidated results taxes fourth quarters actual tax charges benefits jurisdiction true-up tax provisions visibility. tax charges benefits.\n Income tax expense\n Three Months Ended\n December 31, 2019 September 29, 2019 December 31, 2018\n (Unaudited millions\n Income tax expense $(62) $(28)"
}
{
    "_id": "d1b3425f0",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n expects unrecognized tax benefits change 12 months tax matters statute limitations lapses. to $53. million.\n unrecognized tax benefits\n 2019 2018 2017 statute limitations lapsed positions settled $2. 5 million $9. 3 million. million liability.\n recorded penalties interest $10. million $8. million $5. million 2017. expiration statute limitations positions reduced liability penalties $2. 7 million $16. 2 million $0. 6 million.\n December 31, 2019 2018 accrued interest penalties balance sheets $26. 6 million $19. 1 million.\n consolidated income tax returns. federal foreign. subject examination U. foreign jurisdictions.federal state foreign NOLs tax years open after. assesses additional assessments. provisions income taxes through December 31, 2019.\n Ended December 31,\n Balance January 1 $107. $116. $107.\n Additions tax positions 33. 8. 7.\n Additions reductions prior years 37.\n Foreign currency (1. (8.\n Reduction statute limitations. (2.\n Reduction settlements (6.\n Balance December 31 $175. $107. $116."
}
{
    "_id": "d1b2e9ab8",
    "title": "",
    "text": "14. PROVISION WARRANTY\n changes\n Costs labor materials. one year. Company accrues estimated cost sale. estimated future expenses updated. costs charged against.\n Balance January 1 6,562 7,955\n sales 18,408 26,301\n Deductions (8,985) (12,232\n expired warranty (8,214) (5,684\n Foreign currency translation\n Balance December 31 7,955 16,424"
}
{
    "_id": "d1a723f4e",
    "title": "",
    "text": ". CASH FLOW ANALYSIS\n Fiscal 2018 IFRS 15 accounting policy Cogeco discontinued operations. policies operations sections.\n discontinued operations.\n 2019 cash flow increased. 9% higher EBITDA income taxes financial expense integration restructuring acquisitions costs.\n investing activities decreased. 5% MetroCast acquisition $1. 76 billion.\n August\n flow operating activities 868,711 620,748.\n investing (471,078) (2,191,666).\n financing activities (659,222) 1,426,136\n Effect exchange rate changes cash equivalents foreign currency 1,989\n change continuing operations (262,028) (142,793).\n discontinued 733,807 16,333\n 84,725 211,185.\n end 556,504 84,725"
}
{
    "_id": "d1b32baee",
    "title": "",
    "text": "revenue Energy segment 2019 increased $18. 3 million to $39. million $20. 7 million 2018. driven AFTC 2018 2019 CNG sales quarter ampCNG stations. revenues acquisition CNG sales.\n Cost revenue Energy increased $5. 9 million to $17. 1 million $11. 2 million 2018. growth gasoline higher commodity utility costs ampCNG stations.\n Selling expenses increased $0. 9 million to $4. 9 million. salaries benefits acquisition ampCNG stations offset one-time expense abandonment station project.\n Depreciation amortization Energy segment increased $1. 4 million to $6. 9 million $5. 5 million. acquisition ampCNG stations.\n operating expense loss $0. 5 million impairment stations fourth quarter 2018.\n revenue $39.$18.\n revenue 17. 11.\n Selling administrative.\n Depreciation amortization 6. 9 5.\n operating expense.\n Income operations 10. $10."
}
{
    "_id": "d1b35b99c",
    "title": "",
    "text": "estimated future benefit payments December 2019\n contribution plans accrue benefits. benefits $20 million 2019 $18 million 2018. annual cost $86 million 2019 $84 million 2018 $77 million 2017.\n Pension\n 2020\n 2021\n 2022\n 2023\n 2024\n 2025 2029"
}
{
    "_id": "d1b37721e",
    "title": "",
    "text": "Interest Income (Expense\n changed $3. 3 million $13. 8 million 2018 $10. 4 million 2019. due decrease interest expense lower balance debt term loan.\n Ended December % Change\n (dollars thousands\n Interest $(10,427) $(13,755) (24)%\n net revenue"
}
{
    "_id": "d1b32bcd8",
    "title": "",
    "text": "Teradyne determined stock life exercise data age terms grant. Volatility determined historical. risk-free interest rate. Treasury yield curve. Dividend yield estimated annual dividend $0. 36 per share divided stock price $37. 95 2019 $47. 70 2018 $28. 56 2017.\n Stock compensation plan activity 2019 2018 2017\n Restricted Stock Units\n Non-vested January 1 2,454 3,174\n Awarded\n Vested\n Forfeited\n Non-vested December31 2,454 3\n Stock Options\n Outstanding January 1\n Granted\n Exercised\n Forfeited\n Expired\n Outstanding December 31\n Vested expected\n"
}
{
    "_id": "d1b306604",
    "title": "",
    "text": "Stock options\n tables stock activities\n aggregate intrinsic value excess closing price common stock $6. 87 December 31, 2019 options.\n Shares Exercise Price Contractual Term Intrinsic\n December 31, 2018 $5.\n Exercised $2.\n Canceled $9.\n 31, 2019 3,702 $5. $6,395\n Vested exercisable $5. $6"
}
{
    "_id": "d1b364d08",
    "title": "",
    "text": "value options granted estimated Black-Scholes optionpricing model ASC 718 weighted average assumptions\n Expected volatilities based historical common stock volatility. life employee behavior. risk-free interest rate based implied yield. Treasury zero coupon bonds. dividend yield zero.\n Years Ended December 31,\n Expected life (years 5.\n Risk-free interest rate 2. 7%. 9%\n Expected volatility 26. 4% 29.\n dividend yield"
}
{
    "_id": "d1a735c44",
    "title": "",
    "text": "Purchases Equity Securities\n fourth quarter 2015, Lifeway announced share repurchase program. November 1 2017 Board Directors amended 2015 stock repurchase program adding. $5,185 625 shares. no expiration date.\n Total shares purchased Average price paid share Approximate Dollar Value Shares\n 1/1/2018 1/31/2018 106,441.\n 2/1/2018/28/2018 24,486.\n 4/1/2018 4/30/2018 15,433.\n 6/1/2018 4,143.\n 8/1/2018/31/2018 1,332.\n 9/1/2018 9/30/18 40,364.\n 11/1/2018.\n 12/1/2018/31/18 8,305.\n 217,732.\n 1/1/2019 46,743.46,743 4,384\n 2/1/2019 9,100.\n 3/1/2019 26,932.\n 4/1/2019/2019 4,300.\n 5/1/2019 57,817.\n 6/1/2019/2019 11,146.\n 8/1/2019 8/31/2019 37,567. 4,018\n 9/1/2019 9/30/2019 17,531. 3,965\n 2019 211,136."
}
{
    "_id": "d1b36e088",
    "title": "",
    "text": "Expense\n decreased $4. million 2018 interest expense $5. 7 million convertible senior notes. offset $1. 4 million interest income short-term investments.\n Ended December 31,\n 2018 2017\n expense net $ 4,326.\n revenue 3%"
}
{
    "_id": "d1b37ca84",
    "title": "",
    "text": "\n backlog decreased $663. million September 30 2018 to 2019. due contracts CTS. net decrease $104. 5 million October 1, 2018 ASC 606. Changes exchange rates. dollar 2019 decreased backlog $79. million.\n backlog\n Transportation Systems $ 2,953. $ 3,544.\n Mission Solutions.\n Global Defense.\n $ 3,401. $ 4,064."
}
{
    "_id": "d1a724e76",
    "title": "",
    "text": "\n. $7. 2 million 2019. due loss $13. 2 million $22. 4 million non-cash expense $2 million net assets liabilities.\n $6. 9 million 2018. loss $12. 1 million $19. 2 million non expense compensation.\n $3. 4 million 2017. $6. 4 million increased collections accounts receivable.\n. 2019 $5. 5 million. $2. 2 million development software $3. 3 million purchase property.\n 2018 $15. 1 million. $8. 9 million software $6. 1 million purchase property.\n 2017 $13. 9 million. $11. 9 million software $4. 2 million purchase property $2. 2 million proceeds life insurance policies.\n. $1. 3 million repurchase shares payments capital lease obligations.\n2019\n Net cash\n Operating $7,241 $6,874 $3,433\n Investing (15,085),865\n Financing\n exchange rate cash\n Cash flows $828,312),353"
}
{
    "_id": "d1b34890a",
    "title": "",
    "text": "German group tax rate income tax expense €216 million €176 million. deviation €81 million tax expense €298 million reconciled\n Adjustment previous year.\n differing national tax deferred tax revenue €6 million €23 million tax rate changes.\n repayment €20 million change foreign law 2018.\n real estate transactions €30 million €2 million.\n income tax expenses. 53%)\n Effects differing national tax rates\n Non-deductible business expenses\n deferred taxes\n Additions reductions local taxes\n holidays\n deviations\n Income tax expenses\n Group tax rate."
}
{
    "_id": "d1b36c60c",
    "title": "",
    "text": "net sales sector\n Healthcare/Life Sciences. increased $180. 1 million 17. 3%. end-market demand $32. 7 million $26. 9 million.\n Industrial/Commercial. increased $63. 5 million 6. $64. 8 million $33. 2 million. offset $7. 3 million decrease end-life products $4. 2 million disengagement decreased end-market demand.\n Aerospace/Defense. increased $143. 5 million 32. 2%. $120. 2 million $9. million increased end-market demand.\n Communications. decreased $96. 2 million. 4%. $37. 3 million reduction disengagements $15. 3 million end-of-life products decreased endmarket demand. offset $18. 1 million increase $4. 5 million increase.\n Healthcare/Life Sciences $1,220.\n Industrial/Commercial.\n. 445.\n Communications. 470.\n 3,164. 2,873."
}
{
    "_id": "d1b35a29a",
    "title": "",
    "text": "balance sheet operating finance leases\n ROU assets finance property equipment\n Current lease liabilities accrued expenses. immaterial amount due parties.\n Operating lease liabilities. Finance lease liabilities.\n January 31, 2020\n Operating Finance Leases\n ROU assets non-current $886 $58\n Lease liabilities $109 $4\n Lease non-current\n Total lease liabilities $855 $59"
}
{
    "_id": "d1b352d74",
    "title": "",
    "text": ". Financial Services\n supports investments leasing equipment project financing debt equity. financing know-how technology expertise\n provides\n solutions.\n strong earnings before taxes. equity higher debt business declined higher credit hits. assets increased growth debt positive currency translation.\n industrial businesses. influenced business development. know-how.\n Fiscal year\n millions\n Earnings before taxes 633\n ROE taxes 19. 1 %. 7 %\n Total assets 29,901 27,628"
}
{
    "_id": "d1b306974",
    "title": "",
    "text": "2019\n December 31,\n Parent Company divided A. B. assets earnings. A one vote per share B one tenth vote per.\n total treasury shares 19,853,247 (37,057,039 2018 50,265,499 2017).\n A shares 261,755,983 1,309\n B shares,395,752 15\n 3,334,151,735 16,672"
}
{
    "_id": "d1b3aefe8",
    "title": "",
    "text": "Stock\n changes unvested units 2019\n recorded equity compensation expense $31. $19. million $16. 2 million 2019 2017. total fair value $18. million 8 million. average grant-date value $49. $51. $49. December 31, 2019 unrecognized compensation cost $47. 5 million recognized 2. years. 2017 forfeitures equity-based payments.\n $31. $19. 9 $16. 2 million. total value\n $18. 2 $18\n. average grant-date fair value $49.\n $51. $49. December unrecognized compensation cost $47.\n million recognized 2. 5 years. January 2017\n forfeitures equity-based payments.\n RSU grants 2019 282,327 units performance-based vesting criteria.\n financial.December 2019 equity compensation\n recognized performance.\n January 1 2019 997,173 $52.\n 945,159 49.\n,060 51.\n 50.\n December 31, 2019 1,496,693 $50."
}
{
    "_id": "d1b3bc35a",
    "title": "",
    "text": ". Assets\n December 31,\n SSL pre-closing taxes 13 $598 $2,410\n affiliates 186\n Prepaid expenses 164\n $1,322 $3,232"
}
{
    "_id": "d1b2e24e8",
    "title": "",
    "text": "ADG revenues up 3. 3% 8% offset selling prices 5% product mix.\n AMS revenues increased. 1% Analog Imaging. 5% prices higher volumes 7%.\n MDG revenues increased. 9% Microcontrollers higher selling prices 6% higher volumes 2%.\n-over fourth quarter revenues increased 4. 0%. ADG revenues decreased. 5%. lower selling prices 4% volumes flat. less product mix.\n AMS revenues grew. 9% Analog Imaging. higher selling prices 18%\n offset lower volumes 8%. MDG revenues increased. 6% Microcontrollers. higher selling prices\n improved product mix.\n December 2019 Year-Over-Year\n Automotive Group $924 $894. 3%.\nAnalog MEMS Sensors Group 1,085 968 988.\n Microcontrollers Digital ICs 742 689.\n revenues $2,754 $2,553 $2,648."
}
{
    "_id": "d1b31f906",
    "title": "",
    "text": "income decreased $3. million $24. 7 million $27. 7 million. Adjusted EBITDA increased $14. 8 million $75. 7 million $60. 9 million. acquisition GrayWolf.\n Marine Services decreased $2. 9 million $2. 6 million $0. 3 million. EBITDA decreased $2. million $30. 7 million $32. 7 million.\n decline income equity investees lower revenues losses SBSS lower vessel utilization.\n higher profit improved profitability offshore renewables improved vessel utilization. impacted higher costs power project.\n Energy income increased $5. 1 million $4. 2 million loss $0. 9 million. EBITDA increased $11. 5 million $17. 0 million $5. 5 million.\nincrease Adjusted EBITDA driven AFTC 2019 higher revenues acquisition ampCNG stations growth CNG sales. higher selling administrative expenses.\n Net income decreased $6. million $1. 4 million $4. 6 million. Adjusted EBITDA decreased $1. 9 million to $3. 4 million $5. 3 million.\n due decline revenue call termination margin long distance market offset compensation expense headcount bad debt.\n income decreased $65. 4 million $0. 2 million $65. 2 million. Adjusted EBITDA decreased $3. 1 million $11. 8 million $14. 9 million.\n fewer expenses Pansend holding company. reduction costs BeneVir sold.\n Net loss decreased $16. 0 million to $18. 5 million from $34. 5 million.EBITDA loss Broadcasting segment December 31, 2019 decreased $10. 6 million to $6. 3 million from $16. 9 million.\n driven reduction costs exited markets offset higher overhead expenses growth Broadcast stations.\n Net loss 2019 increased $5. 7 million to $87. 6 million from $81. 9 million. EBITDA loss decreased $8. million to $17. 9 million from $25. 9 million.\n attributable reductions bonus expense administrative expenses.\n Construction $ 75. $ 60. 14\n Marine Services.\n Energy.\n Telecommunications.\n Core Operating Subsidiaries 126.\n Life Sciences.\n Broadcasting.\n.\n Early Stage.\n Non-Operating Corporate.\n Adjusted EBITDA $ 90. $ 44.46."
}
{
    "_id": "d1b34aebc",
    "title": "",
    "text": ". Liquidity Capital Resources\n operations objectives require capital investment resources include cash capital markets. cash capital liquidity needs next 12 months.\n future financial performance debt subject future economic conditions financial health factors control. working capital present requirements.\n trade receivables.\n decrease working capital March 31, 2019 increase short borrowings $208. 9 million $152 million overdraft restricted deposits loan installments 12 months.\n Note 2 Note 32 Consolidated Financial Statements.\n March\n Current $351,597 $339,562 $362,477\n liabilities 318,672 239,327 316,101\n Working capital $32,925 $100,235 $46,376"
}
{
    "_id": "d1b38fc38",
    "title": "",
    "text": "Currencies\n multinational Company transactions currencies. uses contracts reduce currency fluctuations. policy prohibits trading no exposures.\n hedges assets liabilities undesignated.\n December 31, 2019 2018 foreign exchange contracts amounts $183. 3 million $157. 3 million. contracts obtained scheduled mature three months.\n risks exchange gains losses offset assets liabilities.\n net foreign exchange positions. dollars\n Amounts receivable payable contracts included assets expenses Consolidated Balance Sheets. December 31, 2019 2018 2017 unrealized foreign currency transactions loss $5. 0 million $8. 0 million $6. 3 million. included income expenses Consolidated Statements Operations Comprehensive Income.\n December 31,\n 2019\n Japanese Yen $49.$29.\n Philippine Peso 36. 30. 30.\n Malaysian 20. 20.\n Yuan 20.\n 18. 18. 20.\n Koruna 11.\n 13.\n currencies 21. 21. 26. 26.\n currencies (4. 4. (7 7.\n $174. $183. $142. $157."
}
{
    "_id": "d1b35d51c",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars\n. Quarterly Consolidated Results\n quarterly consolidated results eight quarters December 31, 2019. GS Holdings predecessor operations. May 24 2018 December 31, 2018 consolidated GreenSky. subsidiaries. diluted earnings share Class A common stock May 24 December 31, Reorganization Transactions IPO. GreenSky. formation initial capitalization. Note 1 organization 2 earnings share.\n-to-date results.\n December 31, 2018\n Fourth\n revenue $85,326 $105,704 $113,912 $109,731 $414,673\n Cost revenue\n 36,130 33,765 35,374 55,170,439\n costs expenses 61,749 58,896 59,655 81,583\nprofit 23,577 46,808 54,257 28,148 152,790\n (4,973,170 (19,276)\n 18,604 42,410 49,087 23,413 133,514\n 18,604 40 45,712 22,848 127,980\n interests 18,604 35,266 33,711,143 103,724\n GreenSky. 5,550 12,001 6,705 24,256\n Earnings common stock\n.\n."
}
{
    "_id": "d1a72ad94",
    "title": "",
    "text": ".\n Sales unaffiliated customers\n United States $339,585 $309,495 $297,699\n South Korea\n China 194,653 235\n Japan 180\n Asia-Pacific\n Germany\n Europe,680 171,936 162\n World 57,559 61,379 64\n countries 1,091,055 1,593,078 1,425,612\n $1,430,640,902,573 $1,723"
}
{
    "_id": "d1b30c658",
    "title": "",
    "text": ". Earnings Per Share\n computed net income weighted-average shares. Diluted earnings dilutive shares. dilutive effect reflected treasury stock method.\n reconciliation basic diluted loss per share\n adjusted IFRS 15. Note 2.\n fiscal years 2019 2018 2017 9. 6 million 12. 8 million 13. 8 million anti-dilutive shares excluded net loss share.\n Fiscal Year Ended June 30\n.\n Net loss ordinary shareholders $(637,621)(113,432) $(37,449)\n Weighted-average shares 238,611 231,184 222,224\n Net loss per\n Basic net loss.\n Diluted net loss."
}
{
    "_id": "d1b379906",
    "title": "",
    "text": "Profit Margin amortization assets\n profit segment\n. Unallocated manufacturing costs percentage revenue expensing fair market inventory $19. 6 million 2019 $1. million 2018).\n decrease profit $265. 1 million 12% sales volume higher fixed costs manufacturing capacity expensing $19. 6 million excess book value inventory Quantenna acquisition.\n margin decreased 35. 8% 2019 38. 1% 2018. competitive pricing selling prices higher demand lower margin increased manufacturing costs decreased demand.\n $976. 35. $ 1,110. 36.\n 794.\n.\n Gross profit segments $ 2,046. $ 2,305.\n Unallocated manufacturing costs (72.\n Total gross profit $ 1,973. 35. 8 $ 2,238. 38."
}
{
    "_id": "d1b3188ea",
    "title": "",
    "text": ". Share-based Compensation\n grant non-qualified stock options SSARs restricted shares units 2016 Stock Incentive Plan 2. 0 million shares plus 957,575 2011 Stock Incentive Plan forfeited settled canceled expired.\n maximum restricted 1. 25 million. distribute authorized unissued shares treasury shares option appreciation right exercises restricted share performance share awards.\n stock options SSARs price equal closing market price. maximum term seven years. vest Compensation Committee Board.\n SSARs stock option grants. exercisable terminate.\n Restricted shares units time-vested performance-based issued no cost below fair market value subject to forfeiture restrictions sale. Performance-based awards conditioned performance objectives conditions restrictions contingencies.\nRestricted shares units dividends vesting forfeiture provisions. 2016 no performance-based less one year time-based three years.\n compensation expense stock options stock-settled appreciation rights restricted shares performance shares employees directors fair value. closing price common shares.\n-settled appreciation right estimated Black-Scholes-Merton option pricing model risk-free interest rate dividend yield volatility.\n table-based compensation expense options SSARs restricted performance awards Consolidated Statements Operations 2019 2018\n Product development $1,478 $1,306 $1,545\n Sales marketing 469\n General administrative 2,429\n share-based compensation expense $4,376 $4,688 $2,427"
}
{
    "_id": "d1b375dd8",
    "title": "",
    "text": "Property Plant Equipment\n Land 1,565 1,747\n Buildings improvements 17,332\n Machinery 30,670 29,692\n Vehicles\n Office 851\n Construction\n 51,558\n depreciation (29,284,707\n property $ 22,274 24,573"
}
{
    "_id": "d1b36f398",
    "title": "",
    "text": "Retirement-Related Plans\n table pre-tax cost. Consolidated Income Statement.\n pre-tax cost decreased $994 million 2018 actuarial losses$1,123 amortization period U. S. Qualified Personal Pension Plan higher return assets$143 interest costs$203 million.\n costs operating non-operating. 2019 $1,457 million $37 million 2018. Non-operating costs $615 million decreased $957 million factors.\n 31.\n Retirement-related\n Service cost $385 $431.\n Multi-employer plans.\n defined contribution plans.\n operating costs $1,457 $1,494.\n Interest cost $2,929 $2,726.\n return assets.\n Recognized actuarial losses 1,819.\nservice.\n 41 262.\n costs 28 76.\n non-operating costs $615 $1,572.\n retirement $2,072 $3,066."
}
{
    "_id": "d1b39f8d6",
    "title": "",
    "text": "Uncertain Tax Positions\n 2019 unrecognized tax benefits $542 million. recognized $397 million expense tax rate. 2018 unrecognized benefits $566 million. recognized $467 million expense rate. benefits\n accrued interest penalties uncertain tax positions expense. 2019 2018 $42 million $60 million accrued interest penalties uncertain tax positions Consolidated Balance Sheets. 2019 2017 recognized tax benefits $14 million expense $5 million benefits $5 million.\n income tax returns local jurisdictions statutes limitations 3 to 4 years. examination appeal.\n non-U. subsidiaries file returns. statutes limitations 3 to 10 years. returns examination.\n Balance fiscal year $ $ 501 $ 490\n Additions prior years tax positions\nReductions\n Additions 105 70\n Settlements\n Reductions statute limitations (32) (36) (86)\n Balance fiscal $ 542 $ 566 501"
}
{
    "_id": "d1b348f40",
    "title": "",
    "text": "Impact Adoption Results\n adopted Topic 606 modified retrospective method. impact contracts April 1, 2018 adjustment retained earnings. adjustments accounts Consolidated Balance Sheet April 1,\n acceleration revenue deferred attributable requirement Topic 606 transaction price performance obligations residual method.\n no tax impact 606.\n presentation changes Consolidated Balance Sheet April 1, 2018 comply Topic 606. offset accounts receivable contract liabilities unpaid deferred performance obligations.\n standard accounts receivable contract liabilities non-cancelable contracts right consideration unconditional. adoption right consideration reclassified from accounts receivable to contract assets.\n March 31, 2018 Adjustment Topic 606 April 1, 2018\n Accounts receivable 16,389\n Contract assets 4,583\nPrepaid 5,593,097\n 2,484\n 26,820 7,006 33,826\n Shareholders equity\n earnings 103,601 106,215"
}
{
    "_id": "d1b36cf58",
    "title": "",
    "text": "OPERATING COSTS ADJUSTED EBITDA\n Bell Wireline operating costs stable. 1% 2019 2018 IFRS 16 cost containment Lower pension expenses\n offset Higher cost goods acquisition Axia Greater payments carriers international long distance minutes\n EBITDA grew 1. 7% growth expenses stable. Adjusted EBITDA margin increased 43. 8%. 4% IFRS 16 service revenue growth offset higher low-margin product sales.\n Operating costs (6,942). 1%\n Adjusted EBITDA 5,414.\n EBITDA margin."
}
{
    "_id": "d1b3487ac",
    "title": "",
    "text": "market serviceable products Microprocessors memories optoelectronics Flash Memories.\n semiconductor revenues 2019 decreased 12% TAM flat SAM $412 billion $194 billion. fourth quarter TAM decreased 6% SAM increased 2%. increased 1% SAM decreased 3%.\n 2019 financial performance net revenues $9. 56 billion gross margin 38. 7% operating margin 12. 6% expectations.\n solid fourth quarter sales performance. net revenues up 4. 0%-over gross margin 39. 3% operating margin 16. 7%. revenues grew 7. 9% 290 points above mid-point guidance. quarterly performance above SAM.\n average exchange rate $1. 14 €1. 2019 $1. 18. 2018. fourth quarter $1. 12.\n 2019 gross margin decreased 130 points 38.. 0% 2018 price unsaturation charges manufacturing product mix currency.\n fourth quarter 2019 gross margin 39. 3% above 140 improved product mix efficiencies. margin decreased 70 year-over-year price unsaturation currency.\n operating expenses $2,591 million 2019 increasing 3. $2,493 million salary increased spending higher share-based compensation cost currency. R&D $672 million fourth quarter 2019 $629 $630 million. increase seasonality salary dynamic. year-over-year increase salary increased R&D offset currency.\n income $103 million 2019 $53 million 2018 higher R&D grants. Fourth quarter $54 million $2 million $16 higher R&D grants.\n impairment restructuring charges $5 million $21 million 2018.restructuring charges fourth quarter $3 million prior $2 million year-ago.\n Operating income 2019 $1,203 million decreasing $197 million 2018 driven price pressure increased unsaturation charges higher R&D spending offset grants currency. income fourth quarter grew $460 million $336 million $443 million prior higher revenues improved product mix higher grants.\n Year December Months\n Net revenues $9,556 $9,664 $2\n Gross profit 3,696\n margin revenues.\n Operating income 1,203 1,400\n Net income parent company 1,032 1,287 392 302\n earnings per share $1."
}
{
    "_id": "d1a7369d2",
    "title": "",
    "text": "non-current assets\n 2019 formed joint venture Lenovo. February contributed assets Lenovo NetApp Technology Limited 49% equity interest. cash fixed assets customer relationships goodwill value $7 million. value equity interest $80 million non gain $73 million. ownership equity investment balance April 26, 2019. LNTL integral sales China distributor OEM sales Lenovo. products services develop offerings NetApp Lenovo technologies.\n 26, 2019 2018\n Deferred tax assets $201 $229\n non-current $ $ 450"
}
{
    "_id": "d1b3a7ef0",
    "title": "",
    "text": "\n offer services investments Oracle applications infrastructure. revenues recognized as performed. cost personnel technology infrastructure facilities external contractor expenses.\n Excludes stock compensation expense allocations. amortization assets GAAP expenses not allocated results.\n services revenues decreased 2019 declines education consulting. increases EMEA offset decreases Americas Asia Pacific.\n expenses increased employee external contractor expenses consulting. total margin revenues decreased decreased revenues increased expenses.\n Percent Change\n Revenues\n Americas $1,576 -5% -3% $1,654\n EMEA 1,021 -2% 2% 1,046\n Asia Pacific 643 -7% -4% 695\n revenues 3,240 -5% -2% 3,395\n Expenses 2,703 -1% 2% 2,729\nMargin $537 -19% $666\n 17%\n Revenues\n Americas 49%\n EMEA 31%\n Asia Pacific 20%"
}
{
    "_id": "d1b33be94",
    "title": "",
    "text": "SHARES\n Holders Class B Non-Voting Shares receive attend meetings not vote law. purchase A Shares no requirement no protection. different terms-Voting.\n February 29, 2020 111,154,811 A Shares,770,507\n B Non-Voting Shares 3,145,274 options purchase\n outstanding.\n December 31\n shares\n A Voting 111,154,811,155,637\n B Non-Voting 393,770,507 403,657,038\n 504,925,318 514,812,675\n Options purchase\n-Voting\n 3,154,795 2,719,612\n exercisable 993,645 1,059,590"
}
{
    "_id": "d1b35c4dc",
    "title": "",
    "text": "GAAP Results Operations\n Performance Indicators\n excludes discontinued operations Note 5.\n special charges.\n $20. million income tax benefits reversal valuation allowances deferred tax assets\n impacts. tax reform Q4 2017.\n December\n sales continuing operations\n sales $946. $896. $791. 5. 13. 3%\n gross profits $325. $307. $273. 5 12.\n gross margin 34.\n&A costs $260. $245. $227. 6\n costs sales 27.\n operating income $66. $61. $45. 35.\n operating margin operations 7.\n income tax rate 24. 4% 21. 3% 3 65\n Net income continuing $50. $49.65. (24. 4)\n margin operations 5. 3%. 5% 8.\n Income discontinued operations tax. $175. (100. 9)"
}
{
    "_id": "d1b31a0d2",
    "title": "",
    "text": "\n WSTS semiconductor sales $412. billion 2019. 1% from $468. billion 2018. participate surveys trends progress. table semiconductor revenue since 2015\n. revises. obligation.\n semiconductor sales increased $335. 2 billion 2015 to $412. 1 billion 2019. decrease. 1% decreased demand. revenue decreased $360. 4 million. 1% 2018 to 2019.\n Worldwide Semiconductor Sales Percentage Change\n 2019 $412.\n 2018 $468.\n.\n 2016 $338.\n 2015."
}
{
    "_id": "d1b303102",
    "title": "",
    "text": "Leases\n operating leases for office space automobiles equipment U. S. international locations. reviewed contracts for potential leases. reviewed right economic benefit.\n December 31, 2019 operating leases terms one month to six years options extend nine years terminate within three months. option extend. Leases term 12 months or less not recorded balance lease expense recognized lease term. expense short leases $0. 4 million included in sales selling research development expenses Consolidated Statements Income. Lease expense variable lease payments real estate taxes insurance reimbursements $0. 9 million. lease agreements 842 lease nonlease components. residual value guarantees restrictive covenants.\n Supplemental balance sheet information leases\n new lease accounting standard January 1, 2019.\nAssets\n use $8,452 $10,322\n Liabilities\n Accrued expenses $2,676 $2,948\n Non-current 7,374\n $8,494 $10,322"
}
{
    "_id": "d1a74070c",
    "title": "",
    "text": "Suppliers\n purchase inventory from components assemblies electronic parts. purchased under standard agreements. title risk loss pass us upon shipment. Some manufacturers 10% purchases accounts payable\n reliant upon suppliers for products. loss supplier financial condition.\n Ended February 28,\n Inventory purchases\n Supplier A 31% 33%\n B 20% 16% 14%\n C 6% 11%\n February 28,\n Accounts Payable\n Supplier A 30% 40% 33%\n B 18% 16%"
}
{
    "_id": "d1b3b14a0",
    "title": "",
    "text": "profit after tax $. million. earnings improved $62. million $85. million.\n Reconciliation profit\n 2018\n profit after tax (9,819) 6,639 (248%)\n finance costs 54,897 113%\n interest income (8,220 42%\n (6,254) 4 (247%\n depreciation amortisation 47%\n EBITDA 79,046 63,954 24%\n gain B1 lease\n leases\n distribution income\n transaction costs 5,459 201%\n landholder duty acquisition\n Singapore Japan costs\n EBITDA 85,123 62,575 36%"
}
{
    "_id": "d1b31a1cc",
    "title": "",
    "text": "\n assets increased $1,234. million $485. 5 million cash securities public offering proceeds $688. million. acquisitions 6RS goodwill $273. million $141. 2 million intangible assets cash. new lease accounting standard right-of-use assets $134. 8 million $58. 3 million cash advances loans $49. 8 million property equipment $49. 2 million trade receivables taxes $19. 4 million deferred tax. liabilities increased $309. 7 million leasing standard $126. 8 million. Accounts payable accrued liabilities increased $84. 2 million indirect taxes payroll liabilities processing fees liabilities. income taxes $69. 4 million. Deferred tax liabilities increased $7. 6 million acquisition 6RS.acquisition 6RS deferred revenue $21. million.\n Cash securities $2,455,194 $1,969,670\n assets 3,489,479 2,254,785\n liabilities 473,745\n non-current 157,363"
}
{
    "_id": "d1a713c66",
    "title": "",
    "text": "Non-GAAP Results\n income EPS performance-cash. performance decisions budgets. incentive plans include measures. measures not. GAAP differ accounting. provide additional information. results. GAAP.\n results exclude non-cash charges stock-based compensation amortization intangible assets. discontinued operations nonrecurring items acquisition costs restructuring expenses performance. tax effect adjustments anticipated annual tax rate Tax Act.\n Reconciliation Non-GAAP measure operating expenses income operations excluding items Years December 31,\n Gross profit operations $ 315,652 $365,607\n Adjustments profit\n Stock-based compensation 525\n Facility expansion relocation costs 3,891\n Acquisition-related costs 8,290\n Non-GAAP gross profit 328,358 368,246\n margin 41..\n expenses 261,264 194,054\n intangible assets,168\n Stock compensation\n Acquisition\n Facility expansion relocation\n Restructuring\n Non-GAAP expenses 224,305 172,836\n income 104,053 195,410"
}
{
    "_id": "d1b345eb2",
    "title": "",
    "text": ". Revenue Contracts\n Adopting Topic 606\n effects Financial Statements year September 2019\n Adjustments Topic 606\n Contract assets $90,841\n Inventories 700,938\n LIABILITIES SHAREHOLDERS EQUITY\n accrued liabilities $106,461\n Retained earnings 1,178,677 1,169,356"
}
{
    "_id": "d1a7131e4",
    "title": "",
    "text": "Quarterly Results\n table unaudited quarterly financial information 2019 2018 years. financial statements adjustments included. results not indicative future.\n Includes acquisition integration charges $17. million $13. 4 million $12. 8 million $8. 9 million $8. 1 million August.\n Includes$13. 3 $111. 4 million $30. 9 million income tax) expense.\n Includes restructuring securities loss $29. 6 million.\n distressed customer charge $6. 2 million $18. million $14. 7 million August.\n Fiscal Year 2019\n Three Months\n August May February November 30\n Net revenue $6,573,453 $6,135,602 $6,066,990 $6,506,275\n Gross 495,078 443,799 454,874 519,650\n189,745 140,918 153,983 216,710\n Net 53,761 44,032 67,607 124,074\n Jabil. $52,675 $43,482 $67,354 $123,600\n Earnings share stockholders Jabil.\n.\n."
}
{
    "_id": "d1a73bfc2",
    "title": "",
    "text": "2019 2018 pre-tax losses $19,573 $25,403 available future income. full valuation allowances deferred tax assets 2019 2018 NOL carryforwards evidence losses uncertainty future taxable income.\n tax assets\n. future taxable income. assets December 31, 2019. maintained full valuation allowance assets December 31, 2019. net change total valuation allowance 12 months 2019 increase $1,816.\n December 31, 2019 2018\n Deferred tax assets\n Reserves accruals $62 $45\n Research development credits 1,730\n Net operating loss carry forward 27,907 25,733\n Stock based compensation 8,402\n Total deferred tax assets 38,112 36,296\n after\n Total tax liability\n Net deferred tax assets"
}
{
    "_id": "d1b2ecc5e",
    "title": "",
    "text": "Results Operations\n Consolidated Financial Statements expense loss sale disposal lease termination costs\n asset impairment asset retirement obligations FCC reimbursements. table summarizes\n change. Services\n Net revenue 2019 decreased $21. 8 million to $172. 5 million $194. 3 million. decline projects reduction Group revenue projects.\n Cost revenue decreased $35. 9 million to $127. 1 million $163. 0 million. improved vessel utilization higher costs power construction project.\n Selling administrative expenses increased $5. 6 million to $25. 8 million $20. 2 million. higher disposition costs. offset reversal bad debt expense favorable receivable settlement.\n Depreciation amortization decreased $1. 5 million to $25. 7 million from $27. 2 million 2018.decrease disposal assets.\n decreased $0. 7 million. million December 31, 2018 impairment 2019 under-utilization assets.\n Net revenue $172. $194.(21.\n Cost revenue 127. 163. (35.\n Selling 25. 20. 5\n Depreciation amortization 25. 27.\n operating income.\n Income (loss) operations $(6. $(15. $9."
}
{
    "_id": "d1b3402dc",
    "title": "",
    "text": "income taxes federal tax rate before. sources effects differences tax\n tax positions 2019 increased net income per share $0. 32 $0. 30. 2018 increased $0. 05. 2017 increased $0. 17 $0. 15.\n foreign tax rate differential benefit relates Company operations Thailand Malta Ireland. Thailand operations subject tax holidays. tax holiday periods expire 2022 2026 seeks new tax holidays. tax rate. operations Malaysia tax holiday reduces income tax rate. tax holiday granted 2009 effective through December 2019. expense tax holidays $0. 1 million 2019. benefit $6. 2 million $13. 2 million 2018 2017. holidays 2019 net income per. 2018 increased income $0. 03 $0. 02. 2017 increased income $0. 06.\n March\n 2019\n income tax $43. $232. $31.\n State income taxes federal benefit (8.\n Foreign income lower federal rate (94.\n one-time transition tax foreign tax credits 13. 653.\n deferred tax effects valuation allowance (136.\n low-taxed income 95.\n realignment (90.\n current tax positions 9. 32 53.\n prior tax positions (75.\n Share-based compensation (13. (27. (25\n tax credits.\n prepaid tax asset amortization 5.\n.\n.\n valuation allowance (9.\n income tax provision $(151. $481.(80."
}
{
    "_id": "d1b3bbd7e",
    "title": "",
    "text": "\n $45. million $24. 2 million net income $47. 6 million non-cash charges working capital $26. 8 million. $9. 4 million earn-out liabilities $4. million depreciation amortization expense. increase $26. million growth $1. 8 million.\n $44. 2 million $16. 1 million capital expenditures Planning headquarters Ridgefield Dallas. $28. 1 million acquisitions Bassian.\n $96. 9 million $145. million Senior Notes $44. 2 million $2. 4 million liability.\n $45. 1 million $20. 4 million net income $38. 2 million non-cash charges offset $13. 5 million increase working capital.\n $33. 7 million $19. 8 million capital expenditures. remaining $13. 9 million acquisitions.\n $10. 4 million.2018 doubled borrowing capacity. drew $47. million lowered interest rates. $5. 2 million $3. million Fells Point acquisition $1. 5 million financing.\n Year\n Net income $24,193 $20,402 $14,366\n Non-cash charges $47,625 $38,186 $28,725\n working capital $(26,811)\n operating $45,007,082 $31,497\n investing,154,688,406\n financing $96,947 $19,429"
}
{
    "_id": "d1b3c743a",
    "title": "",
    "text": ". Property Plant Equipment\n Depreciation expense $290. 2 million 2019 $239. 6 million 2018 $190. 4 million 2017. 87% 85% 84% 2019 2017. depreciable lives 2 50 years 7 25 years\n No asset impairment losses 2019 2017.\n Land rights-of-way $117.\n Buildings leasehold improvements 315. 305.\n equipment 4,044. 3,913.\n Office software furniture fixtures vehicles 229.\n Construction.\n value 4,745. 4,599.\n Accumulated depreciation (2,964.,755.\n $1,780. $1,844."
}
{
    "_id": "d1b31d8ae",
    "title": "",
    "text": "Intangible Assets\n table presents intangible asset balances asset class.\n Amounts December 31, 2019 decrease $42 million due foreign currency translation. no foreign currency impact assets December 31, 2018.\n intangibles acquired business processes methodologies systems.\n 31, 2019\n Intangible\n Capitalized software 1,749 1,006\n Client relationships 8,921 7,488\n Completed technology 6,261\n Patents/trademarks 2,301\n $19,287 $15,235\n December 31,\n Capitalized software $1,568\n Client relationships 2,068\n Completed technology 2,156\n Patents/trademarks\n $6,489(3,402) $3,087"
}
{
    "_id": "d1b39ee90",
    "title": "",
    "text": "PROPERTY EQUIPMENT\n 2019\n Depreciation amortization $66,082 $67,107.\n Development equipment $16,461\n Computer software 76,134\n Office equipment 66,685\n fixtures furniture 330,568\n Leasehold improvements 18,016\n depreciation amortization,339\n property equipment 186,525 $247,289"
}
{
    "_id": "d1b38ffda",
    "title": "",
    "text": "Operating Expenses\n Cost Services increased $549 million 3. 6% 2019 due rent capacity new lease accounting standard device protection package regulatory fees.\n offset by employee costs Voluntary Separation Program access costs roaming.\n Cost Wireless Equipment decreased $544 million 2. 9% 2019 declines devices handset upgrade cycle. offset higher priced devices.\n Selling General Administrative Expense increased $938 million 6. 0% sales commission bad debt advertising costs. lower net deferral costs Topic 606 modified retrospective approach.\n offset employee costs Voluntary Separation Program.\n Depreciation Amortization Expense decreased $599 million 5. 0% 2019 Verizon depreciable assets Consumer’s usage.\n millions Increase\n December.\nservices $15,884,335.\n wireless equipment 18,219,763.\n Selling 16,639 15,701.\n Depreciation amortization 11,353,952 (599).\n Operating 62,095."
}
{
    "_id": "d1b37866e",
    "title": "",
    "text": "performance obligations\n revenue liabilities. March 29, 2019 $2,608 million obligations customer deposit liabilities $505 million percentages\n 100% rounding.\n Obligations 0-12 Months 13-24 25-36 Months\n Enterprise Security $2,059 65% 24% 10% 2%\n Consumer Cyber Safety 549 95% 4% 1%\n Total $2,608 71% 19% 8%"
}
{
    "_id": "d1b3920a0",
    "title": "",
    "text": ". Goodwill Intangible Assets\n Trade\n Balance January 1 2018 $88,526,286\n Amortization (11,854 (15\n December 31, 2018 77,264 79,067\n 19,805 16,583 38,607\n Amortization (12,673 (14,236)\n December 31, 2019 $84,396 $16,820 $103,438"
}
{
    "_id": "d1b380d82",
    "title": "",
    "text": "Deferred Tax Assets Liabilities\n recognized for future tax consequences differences tax basis tax rates.\n assets liabilities\n evaluate realizability assets U. non-U. jurisdictions valuation allowance. 2009 to 2018 maintained 100% valuation allowance against. deferred tax assets insufficient positive evidence.\n reported. pre-tax income 2015 2017. losses 100% valuation allowance 2018.\n December 29, 2018 positive operating performance. two consecutive years threeyear. pre-tax profit. completed financial plan for 2019 expected positive operating performance. considered future taxable income evaluated utilization net operating losses tax credit carryforwards.\n positive evidence overcame negative evidence. assets realizable. released valuation allowance against. federal. state deferred tax assets fourth quarter 2018.\n valuation allowance decreased by $75.2018 valuation. deferred tax. allowance $36. million California tax carryovers future realization.\n Tax credits $44,696 $39,586\n Inventory reserve 12,350\n Non-statutory stock options 2,982\n Depreciation amortization 27,758\n loss carryforwards 21,410\n deferred tax assets 115,048 121,810\n Valuation allowance\n deferred tax 78,444\n Acquired intangibles\n Unrealized investment gains\n undistributed earnings\n deferred tax liabilities\n $64,266"
}
{
    "_id": "d1b3a455c",
    "title": "",
    "text": "table presents items not recognized 31, 2017 recognized 2018 deferred 2018. items not recognized recorded balance sheets accumulated loss\n include $375 million ASU 2018-02.\n $32 million ASU 2018-02.\n 2017 Recognition Net Benefits Expense Deferrals Net Change AOCL 2018\n millions\n Accumulated loss\n Pension plans\n Net actuarial (loss) gain $(2,892) 179 (260) (81) (2,973\n Prior service benefit\n Deferred income tax benefit 1,107 (418) 65 (353)\n Total pension plans (1,731) (247) (195) (442) (2,173\n Post-retirement benefit plans\n Net actuarial (loss) gain (250) 257\nservice benefit (107) 20\n Deferred income tax benefit 122\n post-retirement benefit plans (235) 194 177\n loss $(1,966)"
}
{
    "_id": "d1b38b71e",
    "title": "",
    "text": ". Debtors\n Directors carrying approximates fair value.\n Company no credit risk trade debtors exposure spread customers.\n Assets recognised contract costs sales commissions contracts one year. No assets impaired derecognised current prior year.\n £ million\n Due one year\n Trade debtors.\n subsidiaries.\n debtors.\n Prepayments.\n tax asset.\n Deferred tax.\n Assets recognised costs contract.\n. 19.\n Due after one year\n benefit pension plan surplus."
}
{
    "_id": "d1b3bb072",
    "title": "",
    "text": "consolidated revenues disaggregated product group Note 19. tables disaggregated by geographical region\n nature.\n revenues classified location destination. products U. S. Asia Pacific revenues.\n Original Equipment Manufacturers end-customers marketing support Distribution customers distributors representatives.\n January 1 2018 adopted converged guidance revenue no impact recognition practices.\n disclose value unsatisfied performance obligations contracts one year less revenue.\n 2019 2017\n revenues geographical region\n EMEA 2,265 2,478,142\n Americas 1,351 1,264\n Asia Pacific 5,940,120\n 9,556 9,664 8,347\n sale products 9,381 9,461 8,175\n services 148\n Other revenues\n revenues 9,556 9,664 8,347\n\n Equipment 6,720\n Distribution 2,836 3,339,798\n revenues 9,556,664 8,347"
}
{
    "_id": "d1b3495da",
    "title": "",
    "text": "Cash Flow Activities\n December 31, 2019\n Net cash decreased. decrease income increase non-cash adjustments gains sale divestitures.\n increase non-cash adjustments loss higher depreciation amortization right-to-use assets. loss impact reflects $145 million settlement DOJ Practice Fusion investigations.\n Net cash reflects advance income tax payment gain investment Netsmart 2018.\n Net cash decreased due working capital changes higher costs interest legal incentive compensation.\n decrease non-cash adjustments net loss driven lower non impairment charges long-term investments intangibles goodwill.\n Net cash operations decreased driven additional tax provision gain sale investment Netsmart. Netsmart generated cash 2018 2017. cash decreased $16 million higher interest expenses credit facilities.\n Year Ended December\n\n income (182,602) 407,807 (154,175 (590,409) 561,982\n discontinued operations 395,138 30 364,790\n operations (182,602) 12,669 (184,523) (195,271)\n Non-cash adjustments 277,217 136,651 351,835 140,566 (215,184)\n assets liabilities (18,361 (60,086) 57,746 41,725 (117,832)\n 76,254 89,234 225,058\n discontinued operations (21,343) 54,357 (75,700\n 46,254 67,891 279,415"
}
{
    "_id": "d1b3a7c2a",
    "title": "",
    "text": "\n Topic 280 standards segments products geographic areas customers. segments financial performance. operations sales Enterprise Information Management software.\n table distribution revenues\n Revenues\n Canada $153,890 $149,812 $227,115\n United States 1,490,863 1,425,244 1,090,049\n Kingdom 182,815 201,821 159,817\n Germany 203,403 198,253 166,611\n Europe 534,204 517,693 394,132\n other countries 303,580 322,418 253,333\n revenues $2,868,755 $2,815,241 $2,291,057"
}
{
    "_id": "d1b359a84",
    "title": "",
    "text": "Australian VOC NPS 3 Store‐controllable steady. improved Q3’19 flood drought. improved 78%. Attitude stable (89%.\n VOC reduced five removing Ease Movement Correct Price Tickets.\n Sales increased 5. 3% $39. 6 billion. 1% transaction growth. 8% items basket. 7%.\n improved H2. campaigns Disney Words Earn Learn. Q4 sales increased 3. 6% growth. 4%. items basket. 2%.\n Metro range. extra‐small store format launched Kirribilli Rozelle Kings Cross. 43 Metro‐branded stores 16 Woolworths Supermarkets.\n Online VOC improved 2 81% Delivery Pick up Ease Website Navigation. Online sales grew 31% $1. 4 billion.\n Australian Food sales metre $17,163 growth 2. 0%.24 stores opened (21 three eight closed 68 Renewals. 1,024 Woolworths Supermarkets Metro stores.\n prices declined. 4% modest inflation. 5% fourth quarter Fresh categories Fruit Vegetables Meat Bakery.\n Sales 39,568 37,589 5. 3% 3. 3%\n EBITDA 2,613 7. 5%. 1%\n Depreciation amortisation.\n EBIT 1,857. 7% 3.\n Gross margin 28.\n Cost business.\n EBIT sales 4.\n Sales square metre$ 17,163 16,528.\n Funds employed 1,468.\n ROFE."
}
{
    "_id": "d1b363a48",
    "title": "",
    "text": "Disaggregation Revenues\n timing uncertainty depicted type geographic region 3\n Ended December 31,\n Cloud $896,164 $766,377\n Software services 52,364\n Maintenance 48,282 50\n revenues $996,810 $875,059"
}
{
    "_id": "d1b32360a",
    "title": "",
    "text": "\n increased $15. 3 million 2018 2017. $7. 2 million employee costs headcount 128 173. remaining $7. million hosting software messaging $0. 6 million office expenses $0. 4 million depreciation amortization acquired intangible assets.\n Gross margin decreased investment personnel infrastructure.\n December\n 2017\n revenue $ 46,810 $ 31,503 $ 15,307.\n Gross margin 68%"
}
{
    "_id": "d1b3c7098",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n consolidated financial statements\n years December 31, 2017 2018 2019\n amounts U. S. Dollars except\n. Derivative Financial Instruments\n fair value liabilities\n Interest rate swap agreements\n floating fixed market interest. bank floating-rate payments. dollar LIBOR payments fixed rates.\n December 31, 2018 2019 no hedging instruments accounting.\n December\n 2019\n Derivative liabilities\n Interest rate swaps 9,196 49,891\n foreign exchange contracts 1,467\n hedging\n Cross currency swaps 1,429\n 12,092 49,932\n current 2,091\n non-current liability 10,001 41,837\n"
}
{
    "_id": "d1b387ef2",
    "title": "",
    "text": "table valuation allowance\n loss. federal tax $31. 4 million. Tax Act NOLs expire. $9. million expire 2020 2037 $21. 5 million expire. state $40. 6 million 2020 2039.\n allowances $5,398 $13,872\n Net operating loss 3,284\n Expiration losses\n Adjustment deferred taxes\n state tax rate change\n Valuation allowance end year $8,739 $5,398"
}
{
    "_id": "d1b391236",
    "title": "",
    "text": "\n revenues earnings. Consolidated Statements Operations\n years 2017 ASC 606.\n Net sales $1,382,818 $1,200,181 $757,338\n Operating costs expenses\n sales 924,276 860,744 571,944\n expenses 202,642 173,620 107,658\n Research development 44,612 39,114\n Restructuring charges 8,779 14,843\n loss write disposal long-lived assets 1,660\n operating costs expenses 1,181,969 1,087,329 722,370\n Operating income 200,849 112,852 34,968\n Non-operating\n Interest income\n 21,239 32,882\n Acquisition loss\n TOKIN options\n 11,214 24,592\n 170,431 187,067 9\ntax,460 9,132 4,294\n 209,891 177,935 5,514\n,304 76,192 41,643\n $206,587 $254,127 $47,157"
}
{
    "_id": "d1a72471e",
    "title": "",
    "text": "Company incurred $106,000 legal professional costs acquisition administrative. remaining life intangible assets 12. 5 years acquisition.\n active cabinet business financial statements. determine earnings/loss since acquisition.\n table reflects unaudited combined results October 1, 2016 net sales income Clearfield years September 30 2018 2017.\n includes expenses amortization intangibles inventory fair value adjustment personnel costs\n results indicative results. include benefits elimination duplicative costs.\n Forma Year Ended September 30 2018 September 30 2017\n Net sales $80,958,789 $89,672,074\n Income operations $5,554,766 $8,174,841\n Net income 4,794,757 $5,809,018\n income per share\n.\n."
}
{
    "_id": "d1b35868e",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. FINANCIAL STATEMENTS. dollars\n 6 PREPAID EXPENSES ASSETS\n insurance charter contracts. settlement. amounts current. net deductibles.\n December 31, 2018 $11,571 insurance iron ore port terminal Nueva Palmira Uruguay.\n Prepaid voyage operating costs $5,726 $9,261\n Claims receivable 3,826 22,224\n Prepaid taxes 1,012 2,682\n Advances working capital\n 1,675\n prepaid expenses current assets $12,239 $40,190"
}
{
    "_id": "d1b3a5d1c",
    "title": "",
    "text": "REMUNERATION AUDITORS PARENT COMPANY’S ANNUAL GENERAL MEETING\n SEC regulations remuneration auditor USD 0. 7m. 8m 1. Audit USD. 6m. audit-related services USD. 1m. 4m.\n Audit Committee pre-approves audit non-audit services law independent auditors engagement.\n 2019 2018 2017\n Audit fees\n Company's auditor audit annual accounts. 4. 4.\n Audit Company subsidiaries.\n audit fees. 6.\n Non-audit fees\n.\n Tax services.\n non-audit fees.\n. 7 8."
}
{
    "_id": "d1b32c854",
    "title": "",
    "text": ". Selected Financial Data\n table summarizes consolidated financial data. Consolidated Financial Statements's Discussion Analysis Financial Condition Results Annual Report Form 10-K. consolidated income balance five years derived from audited Financial Statements. acquired companies Catalyst Liaison Hightail Guidance Covisint ECD CCM Recommind ANX CEM Daegis Actuate. results contributed revenues net income per share comparability.\n July adopted Accounting Standards Codification Topic 606 Contracts cumulative effect approach. contracts. Results new standard previous standard.\n 2017 one-time tax benefit $876.\n Year Ended June 30\n 2016 2015\n Statement Income Data\n $2,868,755 $2,815,241 $2,291,057 $1,824,228 $1,851,917\nincome OpenText(2) $285,501 $242,224 $1,025,659 $284,477 $234,327\n OpenText(1) $1.\n OpenText(1).\n Shares 268,784 266,085 253,879 242,926 244,184\n 269,908 267,492 255,805 244,076 245,914"
}
{
    "_id": "d1b388fa0",
    "title": "",
    "text": "Settlement Equity Awards\n restricted stock units vesting. underlying shares issued. broker sales program tax withholding. shares sold common stock repurchases.\n fourth quarter 2019 withheld 83,327 shares net settlements holder.\n repurchase common stock Program shares surrendered tax withholding December 31, 2019\n Period Shares Repurchased Average Price Paid Share Announced Program Maximum Dollar Value Repurchase Program\n October 1 31, $12,544,543\n November 274,681 $4. 82 191,354 $11,620,641\n December 1 374,490 $4. $9,859,153\n Total shares repurchased 649,171 $4. 565,844 $9,859,153"
}
{
    "_id": "d1b39668c",
    "title": "",
    "text": "ADJUSTED EBITDA MARGIN\n standardized meaning IFRS. unlikely issuers.\n operating revenues less costs income statements. same profit 2019 financial statements. margin divided by operating revenues.\n EBITDA performance. investors analysts debt obligations telecommunications. short-term incentive compensation management employees.\n EBITDA margin no comparable IFRS. reconciliation net earnings adjusted EBITDA.\n Net earnings 3,253 2,973\n Severance acquisition costs 114\n Depreciation 3,496\n Amortization 902\n Finance costs\n Interest expense 1,132\n post-employment benefit obligations\n Other expense\n Income taxes 1,133\n Adjusted EBITDA 10,106\n operating revenues 23,964 23,468\nEBITDA 42."
}
{
    "_id": "d1b346114",
    "title": "",
    "text": "Licensing Segment\n Excludes operating expenses.\n revenue 2019 $198. million $219. 7 million 2018 $21. million. due guarantee contracts NRE services per-unit royalty revenue.\n Revenue\n Royalty license fees $198,124 $219,708 $167,923\n revenue,124,708\n Operating expenses\n Cost revenues 8,460\n Research development costs 83,613,892\n Litigation\n Amortization\n operating expenses 181,804 180,727 172,745\n operating income (loss $16,320 $38,981"
}
{
    "_id": "d1b2ff598",
    "title": "",
    "text": "Cash Equivalents\n bank earns interest. Short-term deposits three months requirements interest.\n 31 March 2019 2018\n Cash bank hand 134. 67.\n Short-term deposits 37. 52.\n cash 172. 120."
}
{
    "_id": "d1b3343ce",
    "title": "",
    "text": "GreenSky Inc.\n FINANCIAL STATEMENTS\n States Dollars share data\n 4. Loan Receivables\n table summarizes activity receivables cost value.\n Includes accrued interest fees recoveries charged-off receivables proceeds transferring rights. servicing arrangements receivables terms conditions Bank Partners. Income recorded interest income gains Statements Operations. sold receivables Bank Partners\n temporarily hold receivables eligibility. transfer cost accrued interest. receivables non-accrual non status inquiries.\n received recovery payments $50 $57 $238 December 31, 2019 2018 2017. Recoveries principal finance charges fees receivables recognized gains interest income Statements. December 2019 write offs reduced $312 $431 $406 proceeds transferring rights Charged-Off Receivables.cash proceeds Consolidated Statements Operations.\n Ended December\n $2,876 $73,606 $41,268\n Additions 157,928 93 134,659\n sales borrower\n Loss sale\n valuation\n Write offs (2,982) (2,891) (3,176\n balance $51,926 $2,876 $73,606"
}
{
    "_id": "d1b3ba7a8",
    "title": "",
    "text": "\n increased $9. 6 million $24. 4 million 2019 $14. 8 million 2018. $4. 4 million MOI $2. million GP $1. million acquisition. 9 million share compensation awards $1. 1 million sales marketing increased revenue.\n Research development engineering increased $3. 7 million $7. 5 million 2019 $3. 8 million 2018 $1. 1 million MOI $2. 7 million GP.\n Selling administrative expense $24,371,349 $14,794,205 $9,577,144.\n Research engineering 7.\n operating $31,867,361 $18,560,365 $13,306,996."
}
{
    "_id": "d1b32dc04",
    "title": "",
    "text": "European revenue decreased. 9%. Foreign exchange. deconsolidation Vodafone Netherlands. offset. 0% organic growth. Service revenue increased. 6% excluding legal settlement Germany Q4 customer growth mobile propositions regulatory headwinds “Roam policy handset financing. legal settlement service revenue growth. 0% (Q3.\n Adjusted EBITDA increased. 3%. impact deconsolidation Vodafone. foreign exchange. EBITDA increased 13. handset financing regulatory settlements legal settlement Germany. EBITDA grew. operating leverage cost control “Fit Growth” programme.\n EBIT increased. 3% growth stable depreciation amortisation expenses.\n activity M&A Foreign exchange\n Revenue Europe.\n Service revenue\n Germany.\n Italy..\n UK. 5.\n Spain. 8. 3.\n Europe (19. 6) 22. 9. 4) 9\n Europe. 9). 8.\n Adjusted EBITDA\n Germany. 9. 7\n Italy. 5. 6\n UK 45. 7 51\n Spain. 6.\n Europe (18. 26. 8\n Europe. 3. 6 13.\n Europe. 34. 8. 7) 86."
}
{
    "_id": "d1b343f54",
    "title": "",
    "text": "Income\n table reclassifications transactions AOCI consolidated statements income millions.\n ended March 31,\n AOCI Component 2019 2018 2017 Income\n Unrealized losses securities. income\n Amortization actuarial loss (1.\n Reclassification transactions taxes $(6. 6)(16."
}
{
    "_id": "d1b33b2f0",
    "title": "",
    "text": "roll-forward uncertain tax positions January 2017 to December 31, 2019\n net increase tax freight income increased voyages 2019.\n recognizes interest penalties tax positions. increases $13. 2 million $9. 2 million $6. 4 million 2019 2018 2017.\n Balance unrecognized tax benefits January 1 40,556 31,061 19,492\n Increases current year 9,297 2,631\n prior years 19,119 3,475\n Decreases statute limitations\n Increase acquisition\n deconsolidation Altera\n Balance tax benefits December 31 62,958 40,556 31,061"
}
{
    "_id": "d1b2fca64",
    "title": "",
    "text": "Autodesk’s deferred tax assets liabilities\n tax expense driven by foreign locations withholding taxes. tax amortization intangibles offset benefit uncertain tax positions valuation allowance deferred tax liabilities.\n Autodesk assesses valuation allowance deferred tax assets. evidence. losses business model transition negative. allowance required U. S. Canada Singapore tax attributes. deferred tax assets operating losses foreign tax R&D credits Singapore Canada credits. offset by valuation allowance. increased $163. 6 million 2019. decreased $113. 8 million increased $352. 4 million 2018 2017 U. S. Tax Act reduction. deferred tax attributes. business model tax planning strategies deferred tax assets allowance deferred tax assets.foreign jurisdictions.\n Tax Act December 22, 2017 changes U. S. corporate income tax regime. reduced federal corporate rate 35%. 81% 2018 21% 2019. imposed one-time mandatory tax earnings foreign subsidiaries subjected intangible income. taxation full dividends deduction minimum taxation taxable income accelerated depreciation deduction rules deductibility expenses. accounting implications Tax Act.\n recorded tax benefit financial statements January 31, 2018 $32. 3 million corporate rate remeasurement deferred tax liability.\n estimated taxable income offshore earnings $831. 5 million 2019 adjusted $819. 6 million Treasury Regulations 2019. tax rate offset operating losses. recorded deferred tax $45. 1 million foreign tax credits valuation.\nJanuary 31,\n 2018 Stock compensation $25. $26.\n tax 238. 170.\n tax 198. 162.\n compensation 6. 25.\n deductible 19. 22.\n software 32. 43.\n 15. 16\n loss carryforwards 237. 85.\n Deferred revenue 49. 120.\n 28. 32.\n deferred tax 850. 706.\n (797.\n 53. 72.\n intangibles.\n deferred tax.\n. $15."
}
{
    "_id": "d1b3bdba6",
    "title": "",
    "text": "Investment associates\n 32. 4 per cent holding Prozone Intu Properties Indian developer 26. 8 per cent holding Empire Mall Private Prozone group ownership 38. per cent. companies incorporated India.\n equity method accounting Prozone Empire IAS 28. results 30 September. adjusted accounting policies recent property valuations valuers.\n market price per share Prozone 31 December 2019 INR19 INR29) interest £9. 9 million £16. 4 million Prozone carrying value pre-impairment £41. 5 million £45. 1 million. share price lower carrying value review value interest Empire. impairment assessment independent third-party valuations investment properties. Assumptions tax costs. impairment £7. 4 million recognised.\n 1 January.\n Share post-tax (loss)/profit associates.\n Impairment.\n Foreign exchange movements.\n 31 December."
}
{
    "_id": "d1b35d2ce",
    "title": "",
    "text": "Property plant equipment\n Depreciation expense $52. 3 $46. 6 million 2019 2018. $9. 1 million $7. million.\n value equipment cable-ships submersibles $35. $40. million.\n Energy segment $0. 7 million. 4 million station performance. 3 million abandonment.\n Cable-ships submersibles $ 246. $ 251.\n Equipment furniture fixtures software 214. 148\n Building leasehold improvements.\n.\n Construction.\n Plant transportation equipment.\n.\n Accumulated depreciation 168. 127\n 405. $ 376."
}
{
    "_id": "d1b3a1794",
    "title": "",
    "text": "Financial Results Key Performance Metrics Overview\n table key financial metrics last three fiscal years cash conversion\n Net revenues increased 4% 2019. due 7% product revenues offset 3% decrease software hardware maintenance services revenues.\n Gross profit margin percentage increased 2019 product hardware maintenance.\n Income operations flat.\n Provision income taxes decreased. tax reform.\n Net income Diluted income per share increase. impacted 6% decrease annual dilutive shares due share repurchases.\n Operating cash flows decreased 2019 operating assets liabilities offset higher net income.\n 2019 2018 28, 2017\n Net revenues $ 6,146 $ 5,919\n Gross profit $ 3,945 3,709\n Gross profit margin percentage 64 %\n Income from operations $ 1,221 $ 1,158\noperations 20%\n taxes $ 99 1,083\n Net $ 1,169 116 481\n income share. 51.\n cash flows $ 1,341 1,478"
}
{
    "_id": "d1b37c16a",
    "title": "",
    "text": "ITEM 6. FINANCIAL DATA thousands except share\n Statements Operations December 2019 2018 2017 Balance Sheet derived Financial Statements Item 8 Form 10-K. December 2016 2015 Balance Sheet Financial Statements 10-K. historical results not indicative future. read financial information Item 7's Discussion Analysis Financial Condition Results Operations Consolidated Financial Statements notes Item 8.\n GS Holdings GSLLC predecessors amounts Reorganization Transactions operations. amounts December 31, 2019 2018 May 24 2018 GreenSky, Inc. subsidiaries. GreenSky. business formation initial capitalization. Note 1.\n Basic diluted earnings per share Class A common stock May 24, 2018 December 31, 2019 Reorganization Transactions IPO. Note 2.\n Year Ended December 31,\n\n revenue $529,646 $414,673 $325,887 $263,865 $173,457\n revenue 248,580 160,439 89,708 79,145 36,506\n costs expenses 408,693 261,883 180,288 144,054 80,351\n profit 120,953 152,790 145,599 119,811 93,106\n income,105 (19,276)\n expense 88,848 133,514 138,668 124,464\n expense\n income 95,973 127,980 138,668 124,464\n noncontrolling 63,993 103,724\n GreenSky. 31,980 24,256\n Earnings share A common\n.\n."
}
{
    "_id": "d1b3749c4",
    "title": "",
    "text": "\n 2019 increased $241. 4 million. $189. 3 million 8. 2018. Excluding surcharge special items adjusted margin 12. 5 percent 10. 6 percent. increase reflects steady demand improved product mix cost improvements higher selling administrative expenses.\n income margin excluding impact surcharge. removing impact.-GAAP Financial.\n Net sales $2,380. $2,157.\n surcharge revenue.\n sales excluding surcharge $1,942. $1,792.\n Operating income $241. $189.\n Special items\n Acquisition-related costs.\n Adjusted income excluding $242. $189.\n margin 10. 8.\n excluding surcharge 12. 5%."
}
{
    "_id": "d1b3a6942",
    "title": "",
    "text": "Balances\n assets unbilled technology custom product. royalty revenue returned inventory. Long-term assets fee withholding reimbursable contracts. liabilities excess billings subcontractor accruals warranty expense extended right return refund customer deposits. net $1. million increased liabilities assets. government research programs fixed-price contracts. unbilled fee cost government contracts contract.\n contract balances December 2019\n assets $3,208,206 $2,759,315\n liabilities (3,887,685 (2,486,111\n Net assets $(679,479) $273,204"
}
{
    "_id": "d1b38716e",
    "title": "",
    "text": ". recognized,252,795,999 million operating costs,256 million inventories.\n. pledged.\n December\n Raw materials $3,766,056 $5,102,571\n Supplies parts 3,133,737 3,548,376\n process 10,034,488 11,309,718\n Finished goods 1,268,838 1,754,137\n $18,203,119 $21,714,802"
}
{
    "_id": "d1b317f26",
    "title": "",
    "text": "Stock Options\n granted equal market value Leidos' common stock terms not ten years. term seven years vesting four years except outside directors vesting one year next.\n fair value stock option awards estimated Black-Scholes- Merton option-pricing model. expensed vesting four years except outside directors recognized one year or less.\n 2017 ceased peer group volatility increased historical volatility. includes weighted average historical implied volatilities. 2018 2019.\n risk-free rate derived yield curve zero-coupon U. S. Treasury bond maturity equal expected term stock option. simplified method expected term term.\n methodology changed fiscal 2019. midpoint scenario one-year grant date filter options. uses historical data forfeitures.\n weighted average grant-date fair value assumptions stock options\nEnded\n January 3 2020 December 28, 2018 29, 2017\n grant $11. 89 $13. 85 $11.\n term 4.\n volatility 24. 29\n-free interest 2.\n Dividend yield."
}
{
    "_id": "d1b3a7068",
    "title": "",
    "text": "Operations 2019 2018 thousands\n income expense\n Interest expense increased debt QTI acquisition. foreign currency losses appreciation. Dollar Renminbi pension expense.\n Ended December\n Interest expense $(2,648) $(2,085)\n income 1,737 1,826\n (2,638) (2,676)\n $(3,549) $(2,935)"
}
{
    "_id": "d1b37f1d0",
    "title": "",
    "text": "Foreign Currency Exchange Risk\n contracts fiscal year-end. dollar equivalents\n July 27, 2019 July 28, 2018 no option contracts.\n business globally currencies. direct effect foreign currency fluctuations revenue. dollars. dollar strengthens cost non. demand. weaker. dollar. effect currency fluctuations difficult revenue influenced factors\n 70% operating expenses. -dollar denominated. 2019 foreign currency fluctuations decreased R&D sales marketing G&A expenses $233 million 1. 3% 2018. 2018 increased R&D sales expenses $93 million 0. 5% 2017. reduce variability non. -dollar hedge foreign currency transactions currency options forward contracts. protection. effectiveness gains losses contracts mitigate currency movements operating expenses service cost.\nenter foreign exchange option contracts reduce effects currency fluctuations receivables payables. market risks variances forecasted transactions balances. enter speculative\n July 27, 2019 July 28, 2018\n Notional Fair\n contracts\n Purchased $2,239 $14 $1,850\n Sold $1,441 $845 $2"
}
{
    "_id": "d1b380814",
    "title": "",
    "text": "revenue guidance Consolidated Statement 2019\n Differences revenue fulfillment costs.\n.\n Year\n August 31, 2019\n Net $25,282,320 $24,864,754\n $23,368,919 $23,057,603\n Operating income $701,356 $595,105\n Income tax expense $161,230 $164,054\n Net income $289,474 $180,399"
}
{
    "_id": "d1b358530",
    "title": "",
    "text": "2018 Compensation\n table total compensation earned non-employee directors 2018.\n amounts “Stock Awards” represent grant date RSU awards Financial Accounting Standards 718. actual value. valuation assumptions Notes Consolidated Financial Statements Annual Report Form 10-K December 31, 2018.\n annual directors 2018. settles first anniversary grant date Annual Meeting continued service.\n RSUs cash 2018. vested settled grant date.\n Dr. Simmons held vested option purchase 38,000 shares Class B common stock.\n. Viniar held 8,750 RSUs granted 2015 settled shares Class B common stock June 21, 2019 annual meeting. service. vested option purchase 326,950 shares Class B common stock.\n Director Fees Earned Cash Stock Awards Total$\nBotha 305,119\n Paul Deighton\n Randy Garutti\n James McKelvey\n Mary Meeker 305\n Anna Patterson 249\n Naveen Rao\n Ruth Simmons 300,132\n Lawrence Summers\n David Viniar 382,610"
}
{
    "_id": "d1a71e79c",
    "title": "",
    "text": "Revenue income\n recognition\n AASB 15 principles reporting revenue cash flows contracts five-step process identify contract performance obligations determine price allocate recognise revenue.\n Revenue recognised business activities\n Data centre services\n recurring monthly service fees upfront project fees.\n recognised accounting period. Project fees installation services initial deployment. revenue deferred recognised over term contract renewal options. Upfront discounts assets amortised over contract life.\n Group applies revenue standard disclose transaction price remaining obligations contracts unsatisfied consideration services. upfront project fees not significant contract.\n Interest income\n calculated interest rate gross carrying financial credit-impaired. net carrying loss.\n Distributions from investments\n recognised as revenue when right receive payment established.\ndisclosures 30 June 2018 balances\n Revenue measured at fair value.\n recognises future benefits criteria met. bases estimates on historical results.\n Revenue recognised activities\n Data centre services\n recognised economic benefits. discounts amortised over contract term.\n Interest income\n recognised effective interest method. receivable impaired reduces carrying to recoverable cash flow discounted original interest rate. impaired loans recognised original interest.\n Distributions from investments\n recognised right receive payment established.\n Data centre services revenue 169,696 152,560\n Interest income 8,220\n Distributions from investments 1,344\n revenue 9,564\n 179,260\n Gain extinguishment B1 lease 1,068\n APDC leases 1,291\n 675\n3,034 284"
}
{
    "_id": "d1b2f1ede",
    "title": "",
    "text": "SUPERVISORY BOARD\n table remuneration no bonuses pensions Company subsidiaries current former members Supervisory Board\n Period January 1 to May 28, 2018\n remuneration Supervisory Board determined 2018 Annual General Meeting.\n No stock options performance shares granted.\n ended December 31\n 2019 Supervisory Board\n. 78 83.\n. 21\n. 56 58\n. 53 56\n. 55\n. 34 57\n 299. 315"
}
{
    "_id": "d1b3ab294",
    "title": "",
    "text": "Revenue\n IBW decreased $10. 8 million fiscal 2019 compared to 2018 due to lower sales DAS conditioners commercial repeaters ancillary products.\n Lower sales DAS conditioners Universal DAS Interface Tray) active conditioner largest contributor decline. market conditioners expected decline RF signal into DAS head-ends. fourth fiscal quarter 2018 service provider large UDIT buyer alternative non-DAS solution. resulted decline 2019. expect UDIT revenue flat-to-down future primary market from capacity expansions sites DAS. Lower sales DAS conditioners Universal DAS Interface Tray conditioner largest contributor decline. market expected into DAS head-ends. fourth fiscal quarter 2018 one service provider UDIT buyer non-DAS solution. sharper decline 2019.expect UDIT revenue flat-to-down future primary market from capacity expansions sites DAS.\n Lower sales commercial repeaters reliable cellular coverage downward-demand trend customers small cells. expect trend.\n decrease ancillary products revenue decline sales DAS conditioners commercial repeaters. Future revenue flat-to trend increase public safety revenue.\n 2019 Company spent resources new public safety products. additional capacities frequency ranges features channelization offering market. partner product testing delivery expect future revenue growth.\n ISM segment revenue decreased$2. 1 million 2019 2018. due decline deployment. services revenue. dependent domestic customer. lower sales Optima network management software. difficult future trends.\n CNS segment revenue decreased$2. 1 million 2019 due lower sales integrated cabinets project-based.decrease 2019 cabinets rural broadband.\n lower sales T1 NIUs TMAs CNS revenue decline.\n increased revenue copper/fiber connectivity growth.\n fiber access revenue grow power distribution network connectivity flat T1 NIU TMA decrease integrated cabinets uneven.\n Revenue segment Fiscal Year Ended March 31,\n.\n IBW $12,474 $23,265 $(10,791)\n ISM 17,263 19,350\n CNS 13,833 15,962\n Consolidated revenue $43,570 $58,577 $(15,007)"
}
{
    "_id": "d1b33319a",
    "title": "",
    "text": "fourth quarter 2019 recognized income $54 million increasing $2 million $16 million R&D grants Italy IPCEI program.\n income expenses\n Three Months Ended\n December 31, 2019 31,\n millions\n Research development funding $68 $14\n Phase-out start-up costs\n Exchange gain\n Patent costs\n Gain sale non-current assets\n income expenses $54 $16\n percentage net revenues."
}
{
    "_id": "d1b3595ac",
    "title": "",
    "text": "FY19 Financial Results\n Challenges\n improvements performance stock price impacted Revenue business momentum Enterprise Security segment declined. internal investigation concerns former employee. restructuring plan reductions global workforce 8%. executive leadership team transition departures November 2018 January 2019.\n Net revenues $4,731 $4,834\n Operating income 380\n Net 1,138\n per share.\n Net cash activities 1,495 950"
}
{
    "_id": "d1b31f42e",
    "title": "",
    "text": "Sales\n Market Application\n table\n percentages\n 2019 sales decreased $471. 9 million 25% decreases microelectronics materials processing OEM components instrumentation. Ondax acquired contributed $6. 4 million net sales. weaker demand microelectronics materials processing. demand microelectronics balanced headwinds materials processing.\n 2018\n Microelectronics $632,176 44. 2% $1,036,354 54. 5%\n Materials processing 404,878. 3%. 4%\n OEM components instrumentation 266,788. 6%. 6%\n Scientific government programs 126,798. 9%. 5%\n $1,430,640. $1."
}
{
    "_id": "d1b3a3a94",
    "title": "",
    "text": "tax holidays foreign investment. effect tax benefits earnings per share $0. 14. 15 $0. 13 December 2019 2018 2017. agreements countries 100% taxes.\n tax holidays expire December 31, 2028. conditions.\n 2019 Switzerland tax reform single tax rate revaluation deferred tax assets liabilities. third quarter 2019 tax benefit $20 million. remeasurement deferred taxes reconciled fourth quarter 2019 current year activity net remeasurement.\n 2019 2018 2017\n Income tax benefit statutory rate\n Non-deductible non-taxable differences 4\n Income (loss) on equity investments\n Valuation allowance adjustments\n Effect deferred taxes tax rates\n Current year credits\n Benefits tax holidays 129\ntax positions\n Earnings subsidiaries rates (9) (19)\n Income tax benefit (156)"
}
{
    "_id": "d1b3a2cf2",
    "title": "",
    "text": "table includes fair value financial assets liabilities December 31, 2019 2018:\n Cash equivalents deposits.\n carrying amount senior unsecured convertible bonds corresponds liability component. bonds issued July 3, 2017 outstanding December 31, 2017 liability $242 million recorded shareholders’ equity.\n Carrying Amount Estimated Fair Value\n Cash equivalents 1,691 2,138\n Long-term debt\n Bank loans 594\n Senior unsecured convertible bonds"
}
{
    "_id": "d1b2f27da",
    "title": "",
    "text": "December 2019 options less. 1 million. 4 million 2019. 1 million 2018. assumptions 2019 2018 option grants\n January 2020 issued options 591,004 shares common stock $1. 23 per share installments January 2024. value share $1.\n December 31\n volatility 64% - 69% 75% - 81%\n risk free interest rate. 8% -. 7%. 2%.\n.\n life options 6. 6\n.\n dividends"
}
{
    "_id": "d1b2fe508",
    "title": "",
    "text": "Fair Value Disclosures\n value based exit price liability transaction measurement. assumptions. fair value hierarchy three levels 1 to 3 1 highest priority.\n 1: observable inputs prices assets\n 2: inputs\n 3: unobservable inputs.\n Company no assets liabilities measured fair value pension plan\n non September 30, 2019 30 2018.\n fair value financial instruments below quoted market prices Level 1. observable market inputs Level 2. internally generated data Level 3.\n Cash equivalents\n fair value\n Accounts long term receivable maturity over one year\n estimated discounting future cash flows current rate.\n quoted market prices.\n accounts receivable maturity one year less not different values September 30, 2019 2018.\n--------------------------------\n Carrying amount Fair value References\n (Amounts thousands\n Assets\n Cash equivalents $18,099 $25,107 Consolidated Balance SSheets\n Accounts long term receivable 7,087\n Liabilities\n Note payable 1,001  Note\n *Original maturity over one year"
}
{
    "_id": "d1b361a04",
    "title": "",
    "text": "Equity Incentive Plan\n board administers determines vesting. stock options 10 years. December 31, 2019 4,236,719 shares granted 2,063,281 shares future 2014 Plan.\n-based compensation expenses selling administrative expenses. compensation expense.\n December 31\n Common stock $721 $555\n Stock options 354\n Restricted stock units 225\n Compensation expense common stock awards plan $ 1,300"
}
{
    "_id": "d1b30a074",
    "title": "",
    "text": "COMPENSATION\n Company sponsors 2013 Equity Compensation Plan established June 2013. 500,000 shares reserved. amended 2,500,000 December 31, 2019. 1,624,221 shares common stock options outstanding 2019. 236,614 remaining shares.\n incentive stock options non-qualified stock options stock appreciation rights restricted stock. options exercisable ten years price not less fair market value. limited full-time employees. Non-qualified options employees agents consultants attorneys. issued less fair market value exercisable ten years. vesting schedule determined Compensation Committee. accelerated vesting unvested options change control.\n compensation cost options December 31, 2019 2018 $1,687,745 $1,317,904. No income tax benefit compensation capitalized.\n option activity 2019\n options 2019 1,143,637 exercisable average contractual life 1. 9 years.\n Options exercise price life value\n January 1 2018 1,368,772 $3.\n 401,099 $9. 27\n (165,169 $3.\n $5.\n 1,554,700 $4.\n 410,134 $12.\n (251,063) $3.\n Expired (89,550 $12.\n 1,624,221 $6. 27. $7,925,643\n 1,143,637 $4. 39. $7,197,053"
}
{
    "_id": "d1b3c3556",
    "title": "",
    "text": "12 new office buildings 2019.\n energy consumption calculated purchased electricity fuel National PRC Principles Energy Consumption 2589-2008.\n water resources municipal.\n Recycled water consumption wastewater Tencent Tower A Tower B Chengdu.\n diesel consumption centres fees borne Group.\n Average PUE Usage Efficiency. facility equipment energy.\n running water consumption covers centres.\n packaging materials not applicable\n.\n 31 December\n Total energy consumption (MWh 205,092. 167,488.\n Direct 19,144. 12,852.\n Gasoline.\n Diesel.\n Natural gas 18,297. 12,029.\n Indirect consumption 185,948. 154,636.\n Purchased.\n consumption per employee 3.\nenergy consumption floor. 12.\n water consumption 1,283,749. 973,413.\n 21.\n Recycled water 4 5"
}
{
    "_id": "d1b3c2e58",
    "title": "",
    "text": "Adjusted Gross Margin. represents profit amortization intangibles stock-based compensation. performance future plans. exclusion stock-based compensation amortization intangibles facilitates.\n expenses negatively impact gross profit. not calculated GAAP. provides information.\n limitations not substitute for financial results GAAP. consider alongside GAAP performance measures profit. table reconciliation gross margin profit\n 2017\n Gross profit $137,347 $100,284  $72,849\n Amortization acquired intangibles 2,114 1,268 1,614\n Stock-based compensation 1,966 2,306 578\n Adjusted gross margin $141,427  $103,858 $75,041"
}
{
    "_id": "d1b302a9a",
    "title": "",
    "text": ". NON-CURRENT ASSETS\n office lease contracts. periods.\n figures USD\n Fixture Furniture Equipment 65\n Right Use Asset\n December 1,534"
}
{
    "_id": "d1b3a2e78",
    "title": "",
    "text": "Insurance Segment\n revenues gains investment income 2019 2018. adjustments related transactions entities.\n Life accident health earned premiums increased $22. 4 million to $116. 8 million $94. 4 million. due premiums KIC 2018.\n investment income increased $95. 8 million to $212. 9 million from $117. 1 million. due KIC acquisition higher assets reinvestment rotation higher-yielding investments.\n unrealized gains investments decreased $3. 7 million to $1. 9 million from $5. 6 million. driven smaller gains bonds common stocks higher impairments losses interest bonds. offset improvement equity securities gains mortgage loans.\n Life accident health earned premiums $116.\n investment income.\n unrealized gains investments.\nrevenue 331. 217. 114.\n benefits 234. 197. 37.\n Selling 35. 30. 5\n Depreciation amortization (23. (10\n 47.\n operations $37. $35."
}
{
    "_id": "d1b379078",
    "title": "",
    "text": ". ACCRUED EXPENSES\n Vessel drydocking wages supplies repairs maintenance drydocking oils insurances.\n Administrative expenses property.\n repayments.\n Vessel drydocking expenses (24,457) (24,041)\n Administrative expenses (11,713)\n Interest (44,150) (97,688)\n Current tax (720)\n (81,040)"
}
{
    "_id": "d1b358efe",
    "title": "",
    "text": "tables deferred unearned services\n April 26, 2019 27, 2018 recognized $1,722 million $1,806 million.\n April 26, 2019 transaction price obligations $3,668 million equivalent deferred revenue balance. orders-needed cancellable backlog future revenue. expect recognize 50% deferred 12 months 25% 13 24 months remainder.\n Year Ended\n April 26, 2019 27, 2018\n Balance $ 3,363 $ 3,213\n Additions 2,763 2,566\n Revenue recognized\n end $ 3,668 $ 3,363"
}
{
    "_id": "d1b343b58",
    "title": "",
    "text": "values financial assets liabilities\n at 31st December 2019 size short-term rates interest. assessed\n Derivatives future cash flows\n Interest-bearing loans borrowings calculated discounted future principal interest cash flows.\n Lease liabilities estimated future cash flows discounted incremental borrowing rate.\n Trade receivables/payables less one year notional amount fair value.\n table compares values Group’s financial assets liabilities\n no other assets liabilities measured fair value.\n Derivative financial instruments measured fair value. calculated discounted cash flow analysis market information.\n Financial assets\n Cash equivalents 168. 5 187.\n Trade receivables contract assets 263. 264.\n Total financial assets 431. 452."
}
{
    "_id": "d1b378560",
    "title": "",
    "text": ". EARNINGS PER SHARE\n table basic diluted net income per share common stock\n September 27, 2019 warrants outstanding liability balance sheet. 2019 2018 recorded gains $0. 8 million $27. 6 million adjusting fair value warrants declines stock price.\n earnings dilutive effect common stock equivalents contracts settled stock. 2019 excluded warrant gain 214,303 potential shares common stock.\n 2018 adjusted exclude warrant gain $27. 6 million dilutive effect incremental warrant shares,667. excludes 375,940 shares stock anti-dilutive.\n excludes 386,552 1,877,401 shares years 2019 2017 warrants anti-dilutive.\n Years\n Loss operations $(383,798) $(133,762) $(150,416)\nLoss discontinued operations (6,215) (19,077)\n Net loss (383,798 (139,977 (169,493)\n Warrant liability gain (27,646)\n loss common stockholders(383,798(167,623),493)\n average common shares 65,686 64,741 60,704\n effect warrants\n 65,686\n stock earnings share\n operations.\n Discontinued operations.\n stock earnings share.\n-diluted\n operations.\n Discontinued operations.\n common stock earnings share-diluted."
}
{
    "_id": "d1b383cbc",
    "title": "",
    "text": "9 FINANCIAL ITEMS\n Interest financial assets liabilities value profit loss.\n 2019 2018 2017 Financial income\n Interest income cash equivalents restricted cash.\n Exchange rate adjustments gain forward exchange rate contracts.\n.\n Financial expenses\n Interest expenses mortgage bank debt.\n Exchange rate adjustments loss forward exchange rate contracts.\n Commitment fee.\n financial expenses.\n 41.\n financial items."
}
{
    "_id": "d1b2fd374",
    "title": "",
    "text": "summary additions deductions allowance doubtful accounts years March 31, 2019 2018 2017\n Deductions uncollectible accounts recoveries.\n Balance Year Additions Costs Expenses Deductions Balance End Year\n Allowance doubtful accounts\n Fiscal 2019 $2.\n 2018.\n 2017."
}
{
    "_id": "d1b39c492",
    "title": "",
    "text": ". Contractual Obligations December 31, 2019\n Payment\n interest costs LIBOR regulatory requirements margin 2. 75% 3. 25% annum. 2022 Senior Secured Notes 2024 Notes NSM Loan Logistics Term Loan Navios Logistics Notes. interest payments $127. 8 million 1 $166. 6 million (1-3 $3. 8 million (3-5 years 5 years. principal amounts interest rates margins term.\n 41% charter payments operational costs.\n Navios Logistics lease agreements port terminals offices. no office lease obligations.\n lease.\n payments acquisition six barges. $0. 3 million 1 $1. 8 million $0. 9 million (3-5 years. 1 million 5 years. shipbuilding contract.\n Obligations Less 1 1-3 3-5 5\n\n Long-term $1,581. $51. $1,461. $69.\n Operating Lease Obligations vessels 367. 4 109. 142. 81. 33.\n Lease Obligations 63. 13. 12. 31.\n six liquid barges 12.\n Rent Obligations(3).\n Land lease agreements 25. 23.\n $2,052. $168. $1,623. $170. $90."
}
{
    "_id": "d1b366658",
    "title": "",
    "text": "Contract Assets Liabilities\n table receivables assets liabilities revenue contracts\n assets acquisition. sales commissions. deferred amortized over expected customer life.\n renewal initial. 2019 2018 recognized $6. 3 million $2. 9 million deferred acquisition costs.\n liabilities include deferred revenues advanced payments nonrefundable upfront activation set fees deferred amortized over life. deferred recognized revenues $397. 5 million $354. 2 million.\n receivable recognized goods right consideration unconditional. Payment terms 30 to 60 days.\n Accounts receivable $120,016 $133,136\n Contract assets 18,804 12\n liabilities 50,974 52"
}
{
    "_id": "d1b3090a2",
    "title": "",
    "text": "table TCE rates 2019 2018 earnings revenue.\n 2019 revenues increased $8,426. 6% $335,133 from $326,707 2018. average daily rates decreased spot market exposure. revenue days decreased 7,678 2018 to 7,215 2019. three fewer vessels.\n Vessel expenses stable $134,618 $134,956 2018. Depreciation expense increased $1,987 $52,499 $50,512 2018. due amortization drydock costs Overseas Gulf Coast Sun Coast vessels service 2019.\n Two reflagged. Flag Product Carriers. Maritime Security Program.\n annual subsidy increased cost. $5,000 2019 $4,600 2018.\n $5,000 annually 2020 $5,200 2021. subsidy time charter. government.\n June 2019 PES explosion refinery Delaware Bay.PES refinery complex shut fire. redeployed. Gulf of Mexico.\n July 2019 PES Chapter 11 bankruptcy. outstanding receivables $4,300. recovery unknown. established loss provision $4,300. working recovery.\n June 2018 ship damage. repairs covered insurance. filed lawsuit lost earnings off 46 repair days.\n Act Carriers\n Average $25,036 $57,910 $31,254 $60,252\n Revenue 523 4,052 1,142 3,141\n Non-Jones Act\n Average $30,671 $13,912 $25,925 $12,097\n Revenue 482 417 707\n ATBs\n $19,117 $21,861 $15,333 $22,207\n 255 773 990\n Lightering\n$63,162 $66,041\n Revenue days 713"
}
{
    "_id": "d1b2eb0de",
    "title": "",
    "text": "\n Net Revenues Distribution Channel\n table details revenues channel\n revenues online include subscriptions downloadable content microtransactions products licensing royalties.\n Distribution business Overwatch League.\n Digital Online Channel Net Revenues decrease due lower revenues Destiny franchise Hearthstone.\n Retail Channel Revenues decrease due Call of Duty: Black Ops 4 Destiny franchise Crash BandicootTM N. Sane Trilogy.\n decrease offset by revenues Crash Team Racing Nitro-Fueled June 2019 Sekiro: Shadows Die Twice March 2019 higher revenues Call of Duty: Modern Warfare October 2019.\n 2018 Increase Change\n Net revenues by distribution channel\n Digital online channels $4,932 $5,786 $(854\nchannels 909 1,107 (198)\n 648\n revenues $6,489 $7,500"
}
{
    "_id": "d1a721d34",
    "title": "",
    "text": "Liquidity Capital Resources\n Cash $1,066 $1,058 $1,310 million 2019 2018 2017. driven incentive payments retailer investments restructuring payments offset capital interest tax payments.\n additional liquidity cash balance global funding revolving credit facility. sources liquidity\n $454 million cash equivalents 2019 $383 million outside. review. growth initiatives U. S. indebtedness obligations.\n Net cash $1,066 $1,058 $1,310\n Cash-term securities $454 $524 $656\n Revolving credit facility $850"
}
{
    "_id": "d1a736cca",
    "title": "",
    "text": "Derivative Gains Economic Hedges Cash Flows Results\n Derivatives commodity price foreign currency risk not hedge accounting. provide economic hedges transactions. recognized fair market value gains losses corporate expenses. gains losses recognized operating results. derivative gains losses segment operating results.\n table net derivative gains (losses economic hedges commodity consumption foreign currency risk\n May 26, 2019 cumulative net derivative gains economic hedges $1. 4 million. net gains $1. million $0. 4 million. reclassify segment operating results gains $0. 9 million 2020 $0. 5 million 2021.\n Fiscal Years Ended\n May 26, 2019 27, 2018 28, 2017\n Net derivative gains (losses.\nderivative gains reporting segments (1. 8) (7. 1) 5.\n corporate expenses $(1. 8) $6. 2 $(5.\n Grocery Snacks $(2. $3.\n Refrigerated Frozen (1. 3)\n International Foods. 2. (6. 9).\n Foodservice.\n Pinnacle Foods.\n Commercial.\n operating profit. $(1. 8)(7. 1) $5."
}
{
    "_id": "d1b384482",
    "title": "",
    "text": "\n liquidity revenue receivable payments vendors.\n Investing 2019 $284. 6 million AppRiver DeliverySlip $11. 7 million capital expenditures $8. 2 million software $3. 5 million networking equipment. business processes offerings.\n 2018 $11. 8 million Erado $4. 2 million capital expenditures $2. 1 million computer equipment $1. 5 million software $500 thousand. business processes.\n Financing debt $179. 2 million $6. 4 million $1. 4 million $96. 6 million stock $415 thousand stock options. AppRiver DeliverySlip. $3. 8 million contingent Greenview Erado DeliverySlip. paid $1. 7 million lease liabilities $1. 9 million common stock.\n 2018.4 million $10 million repurchase $656 thousand repurchase common stock $605 thousand acquisition Greenview. 2017 $3. 8 million repurchase $762 thousand common stock $4. 2 million stock options.\n Years Ended December 31,\n 2019 2018\n cash $ 13,951 16,671 18,204\n investing (296,243 (15,952 (11,285\n financing 268,740 (6,593"
}
{
    "_id": "d1b31cd64",
    "title": "",
    "text": "IMPAIRMENT\n goodwill tested annually impairment carrying value recoverable amount higher less costs disposal.\n determined discounting five-year cash flow projections plans. reflect expectations revenue profit capital expenditures working capital cash flows.\n Cash flows beyond extrapolated perpetuity growth rates. exceed long-term historical growth rates.\n discount rates derived weighted average cost capital.\n table assumptions recoverable amounts.\n amounts Bell Wireless Wireline exceed current carrying values impairment test current year. change assumptions exceed recoverable amounts.\n Bell Media group decrease. 1%) perpetuity growth rate increase. 8% discount rate recoverable amount equal carrying value.\n PERPETUITY GROWTH RATE DISCOUNT RATE\n Bell Wireless. 8%.\n Bell Wireline.\nMedia. 8."
}
{
    "_id": "d1b3b2f94",
    "title": "",
    "text": "differences\n federal rate\n 2017 President signed Tax Cuts Jobs Act reduced corporate tax rate 35% to 21% January 1, 2018. Company recorded $43 million tax benefit deferred tax assets.\n Federal state taxes $36. 5 million $2. 1 million $3. 7 million paid 2019 2018 2017. $418,000 $47. 2 million $17. 6 million refunded 2019 2018 2017.\n Company benefit uncertain tax position. measures benefits benefit 50% likelihood. June 1, 2019 no uncertain tax positions.\n under audit IRS 2013 2015. subject jurisdictions. state. resolutions not consolidated financial statements. 2013 open examination.\n 1 2019 2018 2017\n Statutory federal income tax $14,694 $34,105 $,950\nincome tax 2,164 3,200\n Domestic manufacturers deduction 4,095\n rate change,973\n (197)\n (918)\n $15,743,859"
}
{
    "_id": "d1b354d0e",
    "title": "",
    "text": "\n expenses increased $124. million. 9% 2019 2018 $114. million employee costs$45. 1 million stock-based compensation payroll $7. million computer hardware software $2. 5 million professional services fees.\n expenses increased $94. 7 million. 6% 2018 2017 $89. 6 million employee costs $3. 1 million computer hardware software $2. million professional services.\n 2019 2018\n development $ 355,015 $ 230,674 $ 135,997 53. 9 % 69. 6 %\n revenues 22. 5 %. 2 %"
}
{
    "_id": "d1b350b3c",
    "title": "",
    "text": "Receivables Contract Balances\n receivables assets liabilities December 31, 2019\n Gross receivables $2. 3 billion $2. 5 billion doubtful accounts $94 million $132 million December 2019.\n Contract liabilities. until obligation. recurring services installation charges deferred term one five years. deferred revenue consolidated balance sheet. 2019 2018 recognized $630 million $295 million revenue liabilities January 1 2019.\n 2018\n Customer $2,194 2,346\n Contract liabilities 1,028\n assets 130"
}
{
    "_id": "d1b318674",
    "title": "",
    "text": "Stock Appreciation Rights Awards\n quarter 2019 Pinnacle acquisition granted 2. 3 million stock appreciation rights estimated closing-Scholes $36. 37 per share Pinnacle employees unvested stock option awards. $14. 8 million pre-combination service purchase price liability. May 26, 2019 liability $0. 9 million post-combination service expense mark-to-market payouts.\n compensation income $13. 7 million. $14. 0 million expense $0. 2 million accelerated vesting restructuring lower market price. tax expense $3. 4 million.\n summary stock appreciation rights activity May 26, 2019\n Options Average Exercise Price Contractual Term Intrinsic Value\n Granted.\n Exercised.\n Expired.\n May 26, 2019. 4 13. 16.\n May 26, 2019. 16."
}
{
    "_id": "d1b3ba500",
    "title": "",
    "text": "losses currency swaps recognized earnings reported foreign gain statements loss. effect swaps\n Company exposed to credit loss non-performance anticipate non. enters transactions counterparties rated A- better Standard & Poor’s A3 Moody’s. interest rate swaps different counterparties reduce concentration risk.\n December 31,\n gains (losses maturity termination cross currency swap (42,271) (25,733)\n losses (5,062) (6,533) (18,494\n Unrealized gains (13,239) 82,668\n gains swaps (18,301) (27,564 38,441"
}
{
    "_id": "d1b3c62e2",
    "title": "",
    "text": "ITEM. 2 RATIFICATION KPMG\n 2020 INDEPENDENT AUDITOR\n. KPMG\n BOARD RECOMMENDS VOTE\n PROPOSAL\n Audit Committee KPMG LLP independent auditor fiscal year\n December 31, 2020 submitting shareholders ratification\n advisory. ratification not required\n good corporate practice.\n Audit Committee considered\n factors qualifications industry expertise prior performance control\n procedures staffing fees\n.\n Audit Committee KPMG LLP independent auditor fiscal year December 31, 2020 submitting shareholders ratification. ratification not required good corporate practice. considered factors qualifications industry expertise prior performance control procedures staffing fees.\n If shareholders fail vote Audit Committee KPMG appoint without resubmitting.shareholders ratify appointment Audit Committee may select different independent auditor Company’s interests.\n audit 2019 financial statements engagement letter with KPMG\n audit services. future disputes\n subject alternative resolution procedures\n.\n audit 2019 financial engagement letter with KPMG audit services. future disputes subject procedures.\n table lists fees costs billed by KPMG for 2018\n 2019 services\n cost services auditing annual financial statements internal control financial reporting quarterly financial statements subsidiaries registration statements statutory audits foreign subsidiaries consultations accounting standards. includes final billing $785,000 after 2019 proxy statement not reflected in auditor fee table.\n cost preparing reports accounting consulting services.\n costs tax planning consultation compliance approximately $1,300,000 2018 $100,000 in 2019.\nAudit Committee procedures\n services independent auditor. review\n non-audit independence. procedures prohibit non-audit services unless permitted pre-approved by Committee Chairman. Chairman cost exceed $250,000. Committee pre-approved auditor $75,000 per quarter miscellaneous tax services. Chairman Chief Financial Officer advise Committee cost services not-approved. regulations pre-approval requirements Audit Committee waiver provisions 2018 2019.\n KPMG partners present at meeting.\n questions\n.\n Ratification KPMG’s independent auditor 2020\n majority.\n Audit Fees(1) $16,014,014 $17,639,702\n Audit-Related Fees(2) 106,528 153,203\n Tax Fees(3) 1,318,798 119,098\n Total Fees $17,439,340 $17,912,003"
}
{
    "_id": "d1b30d710",
    "title": "",
    "text": "Movements self‐insured risks restructuring onerous contracts store exit costs provisions\n increase in restructuring contracts exit costs 2019 attributable provisions BIG W network review Note 1.\n provision recognised obligation past probable outflow economic benefits reliable estimate. estimate risks uncertainties.\n liability recognised for benefits annual long service leave.\n Liabilities settled within 12 months measured nominal values remuneration rate.\n Liabilities measured as present value future cash outflows services.\n provision self-insured risks estimated liability for workers’ compensation public liability claims.\n Provision restructuring recognised plan expectation.\n onerous contract unavoidable costs exceed economic benefits. reflect least net cost of exiting lower cost fulfilling compensation failure.\nCONTRACTS STORE EXIT COSTS\n SELF‐INSURED RISKS\n Balance 596 593 679 800\n Net provisions 161 225\n Cash payments (162) (178)\n 603 596 737 679\n 173 177 280 256\n Non‐current 430 419 457 423\n 603 596 737"
}
{
    "_id": "d1b3ad062",
    "title": "",
    "text": "Purchases Accenture plc Class Shares\n table purchases fourth quarter fiscal 2019. year-to-date information purchases redemptions exchanges Analysis Financial Condition Operations—Liquidity Capital Resources—Share Purchases Redemptions.\n Average price per share reflects cash outlay divided shares acquired employee forfeiture.\n Since August 2001, Board Directors Accenture plc\n open-market share purchase program shares.\n fourth quarter 2019 purchased 2,048,307 shares\n $389 million. expiration\n August 31, 2019 authorization share purchases redemptions $3,674 million. Board authorized $35. 1 billion share purchases redemptions Canada Holdings\n fourth quarter 2019 purchased 66,017 shares unrelated plans. withholding payroll tax obligations equity share plans.purchases affect authorization open-market.\n Shares Average Price Paid Share Approximate Dollar Value\n millions.\n June 1, 801,659 $183. 18 785,600 $3,924\n July 1 31, 462,629  $194. 65 442,846 $3,832\n August 1 850,036 $193. 23 819,861 $3,674\n 2,114,324 $189. 73 2,048,307"
}
{
    "_id": "d1a723a30",
    "title": "",
    "text": "table sources revenue\n Subscription revenue increased $69. 9 million 15% 2019 2018. increased 16%. new business upsells cross-sells renewals.\n Professional services revenue decreased $31. 3 million 48%. migration global partners.\n revenue increased $76. 3 million 19% 2018. business renewals. decreased $20. 4 million 24%, 2018. services global.\n December 31,\n Subscription revenue $542,968 $473,052 $396,764\n 94. 2%. 9%. 3%\n $33,555 $64,839 $85,221\n 5. 8%.\n revenue $576,523  537,891 481,985"
}
{
    "_id": "d1b37a0d6",
    "title": "",
    "text": "Liquidity Capital\n Cash Flows\n $270. 4 million $158. million equity $143. business divestiture $128. million inventories solar $66. million accounts receivable $38. million assets $25. million sale $17. 3 million equity $8. million lease liabilities. prepaid expenses net loss $7. million $2. 2 million assets. offset $80. million depreciation amortization $79. million accounts payable liabilities $50. million advances $33. 8 million loss residential lease $27. 5 million contract liabilities stock-based compensation $26. million $9. million non interest expense $8. million lease $7. 1 million loss earnings $5. million non-cash restructuring charges.deferred income taxes impairment long-lived assets $0. 8 million.\n December 2019. transferred. excluded consolidated balance sheets. sold $119. 4 million $26. 3 million 2019 2018. uncollected accounts receivable $11. 6 million $21. million.\n Net cash 2018 $543. 4 million net loss $917. 5 million $182. million long-term financing receivables $127. 3 million decrease accounts payable accrued liabilities $59. million gain business divestiture $54. million sale equity investments $43. million contract assets $39. million inventories $30. million contract liabilities $6. million deferred income taxes. million. 2 million increase accounts receivable. offset impairment property plant equipment $369.lease $189. 7 million non-cash charges $162. 1 million loss sale $62. 2 million $44. 4 million advance payments $39. 5 million $22. 8 million prepaid expenses $17. 8 million earnings $6. 9 million income taxes $6. 4 million loss $3. 9 million dividend.\n $267. 4 million loss $1,170. 9 million $216. 3 million liabilities $123. million financing receivables $38. 2 million inventories $25. 9 million earnings $7. million income taxes $5. 3 million gain sale equity $1. 2 million accounts receivable offset $624. 3 million impairment non-cash charges $239. 6 million.contract liabilities construction $110. million prepaid expenses $89. 6 million 8point3 Energy Partners investment balance $68. million advance payments $30. million dividend $10. million contract assets $2. 3 million project assets solar\n cash $21. 4 million $60. million property $42. million investments $40. 5 million divestiture $2. million divestiture. offset cash solar power systems $53. 3 million $47. million $12. million $10. 9 million residential lease assets.\n Net cash 2018 $274. 9 million $420. 3 million $23. 3 million business divestiture $13. million dividend equity investees. offset $167. million capital expenditures solar cell manufacturing $14.million.\n Net cash 2017 $293. 1 million $283. million capital expenditures solar cell manufacturing $18. 6 million $1. 3 million securities. offset sale joint ventures $6. million $3. 8 million dividend equity investees.\n 2019 $344. 3 million $171. 9 million common stock $110. 9 million bank loans debt $69. 2 million non-recourse residential financing $35. 5 million $3. million power plant commercial financing. offset $39. million business $5. 6 million treasury stock tax $1. 6 million settlement contingent consideration.\n cash 2018 $85. 8 million $174. 9 million proceeds residential financing $129. 3 million $94.power plant financing. offset $307. 6 million repayments. 75% debentures bank loans $5. 5 million purchases treasury stock tax.\n 2017 $589. 9 million $351. 8 million proceeds $179. 2 million residential lease $82. 7 million residential financing. offset 19. 1 million repayments bank loans $4. 7 million purchases treasury stock tax.\n Fiscal Year\n 29, 2019 2017\n cash operating $(270,413)(543,389(267,412)\n investing $21,366 $274,900(293,084\n financing $344,314 $85,847 $589,932"
}
{
    "_id": "d1b318b92",
    "title": "",
    "text": ". Financial Information\n Cash equivalents\n table presents equivalents balance sheets cash flows ASU Note 1 Accounting Policies.\n 26, 2019\n Cash $ 2,216 $ 2,727\n equivalents\n $ 2,325 $ 2,941\n Short-term restricted cash\n Long-term restricted cash\n $ 2,331 $ 2,947"
}
{
    "_id": "d1b374582",
    "title": "",
    "text": "Preliminary Purchase Price Allocation\n Assemble Systems PlanGrid BuildingConnected acquisitions Autodesk recorded assets liabilities assumed estimated fair values. excess goodwill. attributable synergies after acquisition. no goodwill deductible. income tax.\n table summarizes fair value assets acquired liabilities assumed combinations fiscal year January 31, 2019\n Q4 2019 Autodesk adjustment deferred tax liability Assemble Systems acquisition. increased goodwill reduced assets $0. 1 million.\n estimated fair values assessments Autodesk. PlanGrid BuildingConnected estimates assumptions change. tax impact change. Different estimates assumptions different valuations assets liabilities goodwill.\n Assemble Systems PlanGrid BuildingConnected\n Developed technologies.\n Customer relationships non-current intangible assets.26. 9 136.\n 2. 20 6 29.\n 72. 206.\n Deferred revenue. (25. (30.\n 4. 18. 26.\n $93. $777. $253. $1,124."
}
{
    "_id": "d1b321468",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES STATEMENTS millions\n. NON LIABILITIES\n reduction Deferred rent new lease accounting standard.\n Deferred rent liability $506.\n Unearned revenue. 504.\n liabilities. 253.\n-current liabilities. $1,265."
}
{
    "_id": "d1b352c70",
    "title": "",
    "text": "Contractual Obligations\n table obligations November 29, 2019\n Term value $2. 25 billion. interest London Interbank Offered Rate margin. 500% to 1. 000% base rate. 040% to. 110%. Interest payable periodically period. maximum commitment interest $23. 2 million.\n value Notes $1. 89 billion. Interest payable semi-annually February 1 August 1. maximum commitment interest $200. 1 million remaining duration.\n Term Loan Revolving Credit Agreement covenants maximum leverage ratio. impact credit cash business plan. senior notes covenants.\n cash dividends default. anticipate cash dividends.\n Payment\n Less than 1 1-3 years 3-5 years 5 years\n Term Loan Notes interest $4,373. $3,227. $65.$65. $1,016.\n lease 711.\n 2,036. 545. 935 555\n $7,121. $3,860. $1,158. $747.,354."
}
{
    "_id": "d1b31d1f6",
    "title": "",
    "text": ". MANAGEMENT FINANCIAL CONDITION RESULTS States\n value change FCR liability\n table FCR liability.\n Includes incentive payments Bank Partners surplus finance charges fixed servicing fee credit losses cash recoveries loans proceeds transferring rights Charged-Off Receivables. incentive payments charges deferred.\n reversal finance charges deferred loan balances.\n fair value adjustment reversal estimated date. recognized cost revenue Consolidated Statements Operations.\n Ended December 31,\n Beginning balance $138,589 $94,148 $68,064\n Receipts(1) 159,527 129,153 109,818\n Settlements(2) (262,449 (181,590) (127,029)\n Fair value changes cost revenue(3) 170,368 96,878 43,295\n$138,589,148"
}
{
    "_id": "d1b3c10ee",
    "title": "",
    "text": "Non-operating Corporate\n Selling administrative expenses December 2019 decreased $8. 6 million to $24. 9 million from $33. 5 million 2018. decrease driven by bonus expense consulting fees employee wage benefits expenses.\n HC2 Compensation Committee establishes salary cash equity bonus arrangements employees. growth NAV formula 2014.\n determined subtracting 1 threshold return rate. hurdle rate 7% plan allows 12% growth rate.\n cash equity bonus arrangements 2019 2018 $4. 4 million decrease expense. Compensation NAV. 2019 2018 grew 21%.\n declined 26. 1% external events Insurance segment management fee agreement expectations future dividends discussions regulator.\n decline reduces deferred cash compensation 2017 2018. total reduction 2019 $0.8 million back 2017 2018 awards unpaid December 31, 2019. plan requires future NAV growth high water mark Compensation NAV 2019.\n Ended December 31,\n Increase\n Selling administrative $24. $33.\n Depreciation amortization.\n Loss operations."
}
{
    "_id": "d1b2fc7bc",
    "title": "",
    "text": "table cash flows years\n. increased $64. 4 million 2019 working capital $37. million lower income tax$41. 3 million higher net income non $27. 3 million\n Pension Postretirement Contributions plans minimum. no minimum requirement. 2019 2018 contributed $6. 2 million $5. 5 million. pension 2020. Note 12 Retirement Plans financial statements.\n cash operations\n $168,405 $104,055\n Investing (13,819) 65\n Financing (5,730)\n increase $148,856 $(275,813)"
}
{
    "_id": "d1b37dfd8",
    "title": "",
    "text": ". Trade payables accounting policies recognise fair value original invoiced. carry amortised cost interest method.\n Deferred income reclassified contract liabilities IFRS 15. remaining balance includes £51m current £586m non-current liabilities Broadband Delivery UK programme grants re-investment.\n operating lease liabilities deferred gains 2001 sale leaseback transaction.\n 31 March £m\n Trade payables 4,141 3,991\n taxation social security\n Other payables 387\n Accrued expenses 630\n Deferred income\n"
}
{
    "_id": "d1b3b7e86",
    "title": "",
    "text": "EQUITY SECURITIES\n common stock Nasdaq Market. Trading March 29, 1988. March 16 2020 147 holders Common Stock.\n high low sale prices Nasdaq years\n First Quarter $ 5. 99 $ 8.\n Second $. 79.\n Third $ 2. 66.\n Fourth Quarter $ 1. 88 3."
}
{
    "_id": "d1b3af6d2",
    "title": "",
    "text": "DEPOSITS\n analysis deposits currencies\n effective interest rate deposits three months to years 31 December 2019 3. 57% (2018 4. 08%).\n deposits past due impaired. 31 December carrying amounts approximated fair values.\n non-current assets\n deposits 19,000\n current assets\n 55\n USD deposits 16,325,349\n Other currencies\n"
}
{
    "_id": "d1b39576e",
    "title": "",
    "text": "Per Share\n computed income Leidos shares. Diluted dilutive shares. dilutive effect equity compensation awards reflected in EPS treasury stock method.\n Company issues unvested stock awards forfeitable rights dividends. dilutive treasury stock method.\n weighted average shares\n Anti-dilutive awards excluded. 2019 2017 no anti equity awards. 2018 1 million stock options awards anti-dilutive.\n January 3 2020 December 28, 2018 29, 2017\n average shares 143 151 152\n Dilutive options awards\n Diluted 145 153 154"
}
{
    "_id": "d1b3ab7da",
    "title": "",
    "text": "Segment Results\n revenue operating\n May 1 2017 sold data centers colocation business. financial statements Item 8 Part II.\n Ended December 31,\n Operating revenue\n International Global Accounts $3,596 3,653\n Enterprise,133\n Small Medium Business,956\n Wholesale 4,074,397\n Consumer 5,642 6,116\n revenue $22,401 23,443 17,463\n Operations\n $22,401"
}
{
    "_id": "d1b351974",
    "title": "",
    "text": "ITEM 3.\n Financial Data\n table consolidated financial data 2019. derived Financial Statements International Financial Reporting Standards 18.\n data euros.\n Note. earnings per share.\n balances include bonds private placements bank loans. Note. financial liabilities.\n FINANCIAL DATA IFRS\n millions 2019 2018 2017 2016 2015\n Income Statement Data Years December 31,\n Cloud revenue 6,933 3,769,993\n Software licenses 16,080\n 23,012 20,622,424\n Total revenue 27,553 24,708 23,461 22,062\n Operating profit 4,473 5,703 4,877\n Profit after tax 3,370 4,088,046 3,629\nProfit 3,321 4,083 4,008 3,642 3,064\n Earnings\n.\n.\n-average shares\n Financial Position December 31,\n Cash equivalents 5,314  8,627  4,011  3,702  3,411\n Total assets 60,215 51,502 42,484 44,262 41\n 3,273 1,125 1,561 1,813\n Non-current 12,923 10,553 5,034 6,481 8,681\n Issued capital 1,229\n Total equity 30,822  28,877 25,515 26,382"
}
{
    "_id": "d1b349a4e",
    "title": "",
    "text": "Vessels Construction\n Teekay LNG commitments costs December 31, 2019\n June 2019 LNG equipment LNG carriers 2021 2022 $60. 6 million. remaining cost $49. 7 million.\n 30% ownership Bahrain LNG Joint Venture LNG terminal. debt financing $34 million $10 million Teekay LNG commitments.\n 2021\n Consolidated LNG carriers 49,652 11,979 22,382 15\n Bahrain LNG Joint Venture\n"
}
{
    "_id": "d1b31b73e",
    "title": "",
    "text": "\n revenues\n United States $529 million $386 million $281 million 2019 2017. United Kingdom $86 million $63 million $46 million. customer 10% revenue.\n Year Ended June 30\n.\n Adjusted\n Americas $603,959 $439,363 $317,432\n EMEA 474,712 347,509 193,790\n Asia Pacific 131,456 94,106 115\n $1,210,127 $880,978 $626,684"
}
{
    "_id": "d1b379c4e",
    "title": "",
    "text": "Totals rounding.\n CEO transition costs include stock-based compensation $16. 4 million acceleration stock awards former CEOs' transition agreements fiscal year January 31, 2018.\n non-GAAP financial measures exclude\n Stock-based compensation expenses. operating expenses. valuation award types excluding allows comparisons business results companies.\n Amortization of technologies purchased intangibles. acquisition acquisitions. inconsistent affected by timing size. charges budgeting. intangible assets contributed revenues. Amortization recur future periods.\n CEO transition costs. exclude amounts paid former CEOs departure transition agreements severance payments acceleration restricted stock units vesting performance stock units legal fees. excluded recruiting costs new CEO. non-recurring not indicative of ongoing operating expenses.excluding CEO transition costs non-GAAP results-period comparability\n Goodwill impairment. non-cash charge-down goodwill fair value asset impaired. non-cash charges operating expenses forecasting\n Restructuring exit costs. realigning business strategies economic conditions. costs termination benefits employees facilities cancellation contracts. exclude charges not reflective business results. investors understand effects operating expenses.\n Acquisition related costs. due diligence professional fees financing integration expenses. unpredictable dependent factors unrelated. size complexity acquisition not indicative future costs. excluding facilitates comparison financial results historical results other companies.\n loss strategic investments dispositions. exclude gains losses non-GAAP measures results. Included non-cash unrealized gains losses derivative components dividends gains losses sales impairment investments.excluding items useful correlate performance business losses gains incurred strategic investments dispositions.\n Discrete tax items. exclude GAAP tax non-GAAP net income-GAAP tax projected-GAAP tax rate. items include expenses ordinary income unusual items tax impact stock-based compensation. changes judgment costs business combinations realizability deferred tax assets tax law. assists investors understanding tax provision effective tax rate. exclusion provides information operational performance.\n valuation allowance deferred tax assets. non-cash charge. non-cash charges assess cash expenses budgeting forecasting\n Income tax effects GAAP non-GAAP costs expenses. due stock-based compensation amortization intangibles restructuring charges exit costs.\n Fiscal Year Ended January 31,\n 2019 2018 2017\n\n Diluted income share. 37. 61\n Stock-based compensation. 12. 11.\n Amortization technologies.\n purchased intangibles.\n transition costs.\n Acquisition costs.\n Restructuring exit costs.\n loss strategic investments.\n tax provision. 14.\n Income tax effect non-GAAP adjustments. 08 31\n Non-GAAP diluted income (loss share. 48. 50"
}
{
    "_id": "d1b32e7f8",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n Geographic\n Sales countries origin.\n Ended December\n Sales\n United States $279,904 $313,489 $287,092\n Singapore 32,957\n Taiwan\n China 87,342 79\n Czech Republic 33,214 36,528\n. 15,772 13,560 10\n sales $468,999 $470,483 $422,993"
}
{
    "_id": "d1b35bf96",
    "title": "",
    "text": ". Financing Receivables Operating Leases\n Receivables\n lease loan financed service contracts. Lease sales direct-financing collateralized security. four years. Loan hardware software services network installation. three years. Financed service contracts technical support advanced services. Revenue deferred recognized one to three years.\n summary financing receivables\n July 27, 2019 Lease Loan Receivables Financed Service Contracts\n Gross $2,367 $5,438 $10,174\n Residual value\n Unearned income\n Allowance credit loss\n. $2,326 $5,367 $2,360 $10,053\n. $1,029 $2,653 $1,413 $5,095\n Noncurrent 1,297\n. $2,326 $5,367 $2,360 $10,053"
}
{
    "_id": "d1b3c7c0a",
    "title": "",
    "text": "Advertising Costs $278,057 $365,859 $378,217 years September 2019 2018 2017 charged expense.\n Net Income Per Share common dilutive.\n 268,000 108,000 shares 2019 2018 excluded antidilutive. No shares antidilutive September 2017.\n Estimates financial statements estimates assumptions assets liabilities revenues expenses. estimates include rebates revenue recognition stock compensation valuation inventory long-lived intangible assets goodwill. results differ estimates.\n 2016, FASB issued ASU 2016-02 Leases. amendments ASU 2018-01 2018-11 July 2018-20 December 2018. recognition lease assets liabilities. effective reporting periods December 15, 2018 early. October 1, 2019. adoption ASU 2016-02 no impact earnings net income.ASU 2016-02 October 1 2019 recording right-of-use asset offsetting lease liability $2. 3 $2. 9 million.\n January 2017 FASB issued ASU 2017-04 Intangibles-Goodwill accounting goodwill impairment Step 2. carrying value fair value. interim annual periods January 1 2020 early adoption January 1 2017. financial statements.\n September 30\n Net income $4,566,156 $4,274,547 $3,847,839\n common shares 13,442,871 13,429,232\n Dilutive shares 8,343\n 13,451,214\n Earnings per share\n.\n."
}
{
    "_id": "d1b3bdf66",
    "title": "",
    "text": "\n Company grants employees. one share. withholds shares tax obligations vesting. compensation RSUs $3. million $1. $1. million 2019 2018 2017.\n table summarizes activity 2019 2009 Plan weighted average grant date value 2018\n RSUs PRSUs\n Shares Weighted Average Grant Date Value\n Nonvested January 1 2017 $23. 52\n Granted.\n Vested.\n Forfeited\n January 1 2018.\n.\n.\n Forfeited\n December 30, 2018.\n.\n.\n Forfeited\n Nonvested December 29, 2019 $12."
}
{
    "_id": "d1a72c798",
    "title": "",
    "text": ". INCOME TAXES\n reconciliation income tax expense. Federal rate (21. 0% 2019 24. 5% 2018 35. 0% 2017)\n December 22, 2017 Tax Act enacted. changes. tax law. corporate income tax rate 21. 0% territorial tax system one-time transition tax tax foreign earnings imposing new taxes foreign-sourced income. one-time transition tax eight years.\n SEC issued guidance. impact Act. measurement one year after enactment. recorded provisional estimates financial 2018. 2019 analyzed tax effects no material changes amounts. accounting future adjustments. legislative updates regulations accounting standards.\n Tax Act Global Intangible Low-Taxed Income taxes foreign income return assets corporations. income taxed 10. 5% tax rate reduced foreign tax credits.provision effective 2017 fiscal 2019. tax GILTI provisions period expense.\n tax rate 2019 10. 4% lower. federal tax rate 21. 0% due losses German subsidiaries. transition tax excess tax benefits stock unit vesting federal research development tax credits Singapore South Korea tax exemptions. offset foreign withholding taxes earnings stock-based compensation deductible limitations Internal Revenue Code Section 162.\n Federal tax expense $12,610 $88,684 $105,719\n Valuation allowance\n Foreign taxes.,210\n Stock-based compensation\n State income taxes federal income tax benefit 1,131\n Research development credit\n Deferred compensation\n unrecognized tax benefits\n interest\n. tax reform impact\nDeferred taxes 1,215\n credits 1,134\n 626 3,127\n $6,223 $114,195\n tax. 4%. 6%."
}
{
    "_id": "d1a72bce4",
    "title": "",
    "text": "Revenues Gross Margin\n revenues 2019 decreased $4. 3 million 16% 2018. global services cloud infrastructure personnel $2. 2 million compensation benefits. facilities information technology costs $0. 5 million. $0. 9 million hosting costs hosted platform. depreciation decreased $0. 5 million capital expenditures internal projects.\n gross margin decreased 53% 2019 54% 2018. due revenues.\n Years Ended December 31,\n 2018\n revenues $22,843 $27,154\n Gross profit 26,193\n Gross margin 53%"
}
{
    "_id": "d1b383b40",
    "title": "",
    "text": ".\n changes\n December 31, 2019 2017 no accumulated impairment losses.\n December 2017 $6,898 $190 $2,675 $9,763\n 2018 $6,897 $190 $2,675 $9,762\n December 2019 $6,898 $190 $2,676 $9,764"
}
{
    "_id": "d1b3bf118",
    "title": "",
    "text": "\n sales increased 59% $328. 8 million 2019 $207. 0 million 2018. increased deliveries expeditionary satellite communications secure network. Businesses acquired sales $8. 9 million $0. 6 million.\n Purchased Intangibles $19. 5 million 2019 $20. 8 million 2018.\n $7. 8 million 2019 $0. 1 million 2018. sales expeditionary satellite communications networks. offset losses. losses $12. 8 million $3. 5 million 2018. acquisition costs $1. 6 million $1. 0 million. offset $4. 4 million R&D expenditures secure communications ISR-as-a-service technologies.\n increased 31% $34. 4 million 2019 $26. 2 million 2018. amortization acquisition costs. increased $0. 5 million 2019 new revenue recognition standard.increase Adjusted EBITDA offset R&D expenditures.\n 2019 2018\n $ 328. 207. 59 %\n Operating income 7.\n Adjusted EBITDA 34. 26."
}
{
    "_id": "d1b2ec434",
    "title": "",
    "text": "\n 2019\n Revenue increased $5. 3 billion 15%. Office Commercial revenue $3. 2 billion 13%. 33%. Office Consumer revenue $286 million 7%. LinkedIn revenue $1. 5 billion. Dynamics revenue 15%.\n Operating income increased $3. 3 billion 25% foreign currency impact 2%.\n Gross margin increased $4. billion 15% Office Commercial LinkedIn. percentage.\n Operating expenses increased $806 million 6% LinkedIn.\n Revenue $6. billion 21%.\n services revenue increased $6. billion 25%. 72%. products revenue 6% premium GitHub SQL.\n Enterprise Services revenue increased $278 million 5% Services Microsoft Consulting Services.\n income $2. 4 billion 21%.\n Gross margin increased $4. billion 22%.margin Azure cloud.\n Operating expenses increased $2. billion 22% cloud AI GitHub sales.\n Revenue increased $3. billion 8%.\n Windows revenue increased $877 million 4% Commercial patent licensing. Commercial 14% multi agreements. 4%. 10% non-Pro declined 7% entry level.\n Surface revenue increased $1. billion 23%.\n Gaming revenue increased $1. billion 10% Xbox software services growth 19% decline Xbox hardware 13%.\n advertising revenue increased $616 million.\n Operating income increased $2. billion 21% foreign currency impact 2%.\n Gross margin increased $2. billion Windows Gaming.\n Operating expenses decreased $172 million 1%.\n Revenue increased $6. billion 20%.\n LinkedIn revenue increased $3. billion $5. billion.\n Office Commercial revenue increased $2.Office 365 Commercial.\n Consumer revenue increased $382 million 11%.\n Dynamics revenue 13%.\n Operating income increased $1. billion 13% foreign currency impact 2%.\n Gross margin increased. 19% LinkedIn Commercial. cloud. revenue increased $818 million $1. billion $888 million amortization assets.\n Operating expenses increased $2. billion 25% engineering. $617 million.\n Revenue $4. billion 18%.\n Server cloud services revenue increased $4. billion 21% Azure. 91%. 5% premium licenses Windows Server SQL Server.\n Enterprise Services revenue increased $304 million 5% Premier Support Services Microsoft Consulting Services custom agreements.\n income increased $2. billion 26%.\n Gross margin increased $3. billion 16% cloud services.margin cloud Azure.\n Operating expenses increased $683 million 7% sales cloud engineering.\n Revenue increased $3. billion 8%.\n Windows revenue increased $925 million 5% Commercial OEM patent licensing. Commercial 12%. 5%. Pro 11%. non-Pro declined 4% entry-level price.\n Gaming revenue increased $1. 3 billion 14% Xbox software 20%.\n Search advertising revenue increased $793 million 13%.\n Surface revenue increased $625 million 16% premium devices.\n Phone revenue decreased $525 million.\n Operating income increased $1. billion 20% foreign currency impact 2%.\n Gross margin increased $2. 2 billion 11% Windows Surface Search Gaming.\n Operating expenses increased $391 million 3% Search AI Gaming sales Windows marketing expenses.\n.\n.\noperating loss decreased $306 million restructuring expenses employee severance sales marketing restructuring plan 2017.\n Revenue\n Productivity Processes $ 41,160 35,865\n Cloud 38,985 32,219 27,407 21%\n Computing 45,698 42,276 39,294 8%\n $ 125,843 110,360 96,571 14%\n Operating Income\n Productivity Processes 16,219 12,924 11,389\n Cloud 13,920 11,524 9,127\n Personal Computing 12,820 10\n $42,959  $35,058  $29,025 23%\n"
}
{
    "_id": "d1b2fd892",
    "title": "",
    "text": ".\n disposal reversal losses €354 million €5 million reversal impairment losses €4. Project developments sale-leaseback transactions real estate.\n logistics services METRO offset expenses expenses.\n cost allocations shares insignificant items.\n Disclosures companies sale. discontinued business sectors page 266.\n million 2017/2018 2018/2019\n Gains disposal reversal losses 145 360\n Income logistics services 257\n Rents. rental costs 268\n Miscellaneous\n"
}
{
    "_id": "d1b3b3ea8",
    "title": "",
    "text": "Non-GAAP Measures\n Adjusted EBITDA net income before interest expense taxes amortization depreciation stock-based compensation acquisition-related legal costs settlement fees non-ordinary intellectual property. indicative core operating performance. non-cash items include amortization depreciation stock-based compensation stock options equity compensation sale common stock. adjust legal expenses intellectual property portfolio license agreements. Adjusted EBITDA not calculated GAAP. reconciliation Adjusted EBITDA net income.\n Adjusted EBITDA provides information investors\n results. key performance future plans strategic decisions capital investments new markets. non-GAAP measures performance measures executive bonus plan. exclusion expenses Adjusted EBITDA facilitates comparisons performance excludes items core operating performance.\nAdjusted EBITDA limitations for financial results GAAP. depreciation amortization non-cash assets may reflect cash working capital needs dilutive impact equity compensation tax payments cash companies calculate EBITDA differently reduces usefulness.\n consider EBITDA alongside GAAP performance measures net income results. reconciliation Adjusted EBITDA to net income\n Adjusted EBITDA\n Net income $53,330  $21,524  $29,251\n Adjustments\n Interest expense income (8,483) 503  1,133\n Provision for income taxes 5,566 (9,825) 2,990\n Amortization depreciation expense 22,134 21,721 17,734\n Stock-based compensation expense 20,603 13,429  7,413\n2,403\n Litigation 7\n 54,977 71,557 42,377\n EBITDA $108,307"
}
{
    "_id": "d1b38fa3a",
    "title": "",
    "text": ". Revenue\n September 1, 2018 Company adopted ASU 2014-09 Revenue Recognition (Topic 606). new standard revenue recognition model revenue transfer goods services customers consideration.\n recognized revenue contracts goods shipped title risk ownership passed price fixed collectability assured. new standard recognizes revenue over time contracts recognized earlier. Revenue other contracts recognized.\n standard impacts accounting fulfillment costs manufacturing. costs recognized asset amortized transfer control.\n effect new revenue guidance Consolidated Balance Sheets August 31, 2019\n Differences timing revenue recognition time customers balance sheet reclassifications.\n timing recognition recovery fulfillment costs balance reclassifications.\n accrued expenses.\n Differences contract liabilities September 1, 2018.\n 31, 2019\n Balance without adoption ASU 2014-09\n\n Contract $911,940\n Inventories $3,023,003,761,591\n Prepaid $501,573 $514,769\n Deferred $198 $202,791\n $511,329\n $521,035\n $1,877,908,868,201\n Equity\n $2,037,037 $1,885,360"
}
{
    "_id": "d1b3ab668",
    "title": "",
    "text": "Medical Segment Results\n table\n Net Sales. $1. 1 million 2019. 3 million 2018. increase new business.\n Profit. loss $2. 8 million $3. 5 million 2018. improvement sales volumes.\n Loss Operations. decreased $2. 8 million $8. 6 million $11. 4 million 2018. improvement gross profit lower selling administrative expenses. reduced marketing professional fee expenses offset costs operational profitability $0. 9 million.\n April 2019 28, 2018 Net Change\n Sales.\n Gross Profit.\n Loss Operations."
}
{
    "_id": "d1b396e66",
    "title": "",
    "text": "CONTINGENT PRICE\n purchase CareSpeak Communications contingent patient engagement revenues 2019 2020. total $3. million. revenues 2019 expected 2020. value $2,365,000 December 31, 2018 $3,000,000 31, 2019.\n purchase RMDY Health. contingent revenues 2020 2021. total payment up $30. million. minimum payment $1. million. fair value $3,720,000 December 31, 2019. determined Geometric-Brownian motion analysis spot price risk free return 1. 4% term 2 years volatility 40%.\n total fair value 2019.\n-Term\n CareSpeak Communications. $1,500,000\n RMDY Health.\n"
}
{
    "_id": "d1b3c5be4",
    "title": "",
    "text": "adopted\n Revenue Recognition Contracts Customers. May 2014, FASB issued guidance revenue contracts. company recognizes revenue goods services. capitalize contract acquisition costs. asset costs amortized timing transfer.\n net revenue 2019 increased $47 million operating expenses decreased $12 million. Note 3 impact.\n effects March 29, 2019 Consolidated Balance Sheets\n short-term deferred commissions $92 million. $81 million.\n long-term commissions $93 million. $44 million.\n March 29, 2019\n Accounts receivable $708  $657  $51\n assets $435 $421 $14\n long-term assets $1,262  $1,213 $49\n $15,938 $15,824 $114\n Short-term contract liabilities $2,320 $2,437\n$533 $494\n Long-term $736 $837\n Deferred $577 $526\n $10,200,328\n loss(7)\n earnings $933 $686\n equity $5,738,496"
}
{
    "_id": "d1b36f1c2",
    "title": "",
    "text": "Investments subsidiaries\n cost less.\n Additions Gestra Holdings £1. 6m Spirax Sarco America Investments £212. 4m. incorporated 24th October 2018 Group investments loans. Gestra 9th October 2018 Companies.\n Details subsidiary undertakings pages 207 211. shares 100% owned Group 31st December 2019. incorporation. steam electrical thermal fluid peristaltic pumping markets 207 211.\n 1st January.\n Share options subsidiary employees.\n Additions.\n 31st December."
}
{
    "_id": "d1a715a70",
    "title": "",
    "text": "Stock-based compensation\n December 31, 2019 $4,801 unrecognized stock options $1,882 RSUs. 13. 33 years.\n Stock-Based Compensation 31, 2019 2018\n Stock options $2,756 $2,926\n RSUs\n compensation expense $3,711 $4,055"
}
{
    "_id": "d1b39d888",
    "title": "",
    "text": ". FINANCIAL DATA\n tables statements 8 Discussion Analysis.\n tables audited financial statements results cash flows financial condition Level 3 November 1 2017. results not indicative future.\n table summarizes information statements.\n See Analysis 7 reports 10-K unusual items results.\n 2019 2018 recorded non-cash goodwill impairment charges $6. 5 billion $2. 7 billion.\n Level 3 expenses $234 million $393 million $271 million $52 million. Note 8.\n 2019 2018 2017 2016 2015, recognized incremental $157 million $171 million $186 million $201 million $215 million revenue Federal Communications Commission Connect America Fund Phase II program.\n Tax Cuts Jobs Act 2017 deferred tax assets liabilities corporate tax rate 21%.re-measurement tax expense $92 million 2018 benefit $1. billion 2017.\n Years Ended December\n 2015(4)\n millions share\n Operating revenue $22,401 23,443\n Operating expenses 25,127 22,873 15,647\n (loss income $(2,726) 2,009 2,333\n income tax expense $(4,766) (1,563)\n Net (loss income $(5,269) (1,733) 1,389\n earnings common share $(4.\n Diluted earnings common share.\n Dividends common share $1.\n average common shares 1,071,441 1,065,866 627,808 539,549 554,278\n,693 540,679"
}
{
    "_id": "d1b3b7238",
    "title": "",
    "text": ". Property Equipment\n March 2019 2018\n depreciation. million. 6. 4 million 2019 2017.\n capitalizes internal-use software. amortization. 5 million. 8. 4 million 2019 2017.\n March\n Furniture equipment $11,604 $10,671\n Software 16,427\n Leasehold improvements 6,981\n Project expenditures 1,014\n Accumulated depreciation amortization (20,188\n Property equipment $15,838 $17,512"
}
{
    "_id": "d1b384cac",
    "title": "",
    "text": ". Earnings per share\n Adjustment previous year.\n dividing profit loss METRO AG no-par-value shares. additional dividend preference shares deducted profit loss. no dilution potential shares.\n Earnings preference share.\n 2017/2018 2018/2019\n Weighted no-value shares 363,097,253\n Profit loss METROAG (€million)\n Earnings per share € diluted.\n.\n discontinued operations."
}
{
    "_id": "d1b3307f6",
    "title": "",
    "text": "\n financial results years\n-GAAP.\n Specialty Alloys Performance Engineered Products Dynamet Carpenter Powder LPW.\n Ended June 30\n sales $2,380. $2,157. $1,797.\n $1,942. $1,792.,558.\n Operating income $241. $189. $121.\n income $167. $188. $47.\n earnings share $3.\n Purchases property software $180. $135. $98.\n Free cash flow. $34.\n Pounds sold 267,536 236"
}
{
    "_id": "d1a7322b0",
    "title": "",
    "text": ". EARNINGS PER SHARE\n Basic diluted earnings per share computed two-class method common stock securities dividends undistributed earnings. restricted stock awards participating securities non-forfeitable dividends vesting term.\n dilutive impact treasury stock method. average market price exceeds exercise price instruments treated exercised. difference shares issued repurchased included diluted share computation.\n Diluted EPS includes securities EPS. securities not included loss per share loss.\n computation basic diluted EPS\n Diluted EPS 2019 2017 excludes. million. million. million potential common shares.\n Net income (loss $(19,931) $(50,571) $65,299\n net income noncontrolling interest 452 263 354\nbefore (20,383 (50,834 64,945\n Less earnings 810 362\n income after earnings(20,845) $(51,644) $64,583\n shares 70,837 70,613 60,373\n Net income share diluted. 29. 73."
}
{
    "_id": "d1a71a9bc",
    "title": "",
    "text": ". EARNINGS PER SHARE\n earnings calculated income average. dilutive effect calculated treasury stock method. assumes options.\n calculation income based data\n December 31,\n 2018 2019\n Net earnings\n operations 157,133 329,013\n average shares 52,432 49,418\n dilutive shares stock options restricted shares 580\n Dilutive average shares 53,110 49,999\n net earnings per share operations 3. 6. 66\n Diluted net earnings 2. 96."
}
{
    "_id": "d1b3991d4",
    "title": "",
    "text": "Tax Rate\n.\n decrease 2019 due to $2. 6 billion income tax benefit property transfers earnings taxed lower rates foreign jurisdictions Ireland Singapore. increase 2018 due TCJA earnings taxed lower. decrease 2017 due to earnings taxed lower rates foreign. centers Ireland Singapore Puerto Rico taxed lower. generated 82% 87% 76% foreign income before tax 2019 2018 2017. tax credits GILTI. state income taxes. no significant other reconciling items.\n decrease tax rate 2019 due to charge TCJA $2. 6 billion net income tax benefit property transfers. increase 2018 due to net charge TCJA tax benefits business losses.\n Ended June 30 2019 2018 2017\n Federal statutory rate 21. 0% 28. 1% 35. 0%\nForeign earnings lower rates (4. (7. (11.\n TCJA. 37.\n business losses (5.\n intangible property transfers (5.\n Foreign-derived intangible income deduction (1.\n development credit (1.\n Excess tax benefits stock-based compensation (2.\n.\n reconciling 2.\n 10. 54. 6% 14."
}
{
    "_id": "d1b324906",
    "title": "",
    "text": "compensation\n February 28, 2019 $25. 5 million unrecognized stock compensation cost non-vested equity awards 2. 8 years.\n February\n revenues $723 $653 $374\n Research development 2,061 1,471 1,033\n Selling marketing 2,863 2,314 1,655\n General administrative 5,382\n $11,029 $9,298"
}
{
    "_id": "d1a711510",
    "title": "",
    "text": "utilized impact guidance accounting differences. significant changes business processes systems controls disclosure. adopted Topic 606 2019 retrospective method. recorded $0. 5 million adjustment earnings decrease receivables $7. 6 million increase inventories $2. 8 million prepaid expenses current assets $6. 9 million accrued liabilities $1. 4 million noncurrent liabilities $0. 2 million. adjustments related customer charges promotional expenditures volume discounts.\n changes Consolidated Balance Sheet May 26, 2019 Topic 606\n Financial Statements Years 2017\n Current assets Adjustments Balances Topic 606\n Receivables less allowance doubtful accounts $831.\n Inventories. 1,571.\n Prepaid expenses current assets.\n Current liabilities\n.\n noncurrent.1,951. 1,949."
}
{
    "_id": "d1b34f5a2",
    "title": "",
    "text": "deferred income tax accounts differences assets liabilities.\n deferred tax assets liabilities at December 31\n ASC 842 deferred taxes reclassified lease liability.\n December 31, 2019 Company had $19. 0 tax U. federal net operating loss carryforwards. indefinite expire 2021. majority. subject Internal Revenue Code 1986 Company expiration. carryforwards decreased 2018 to 2019 current year tilization. $33. 7 tax state net loss carryforwards. indefinite expire 2020. Florida New Jersey smaller other states. $65. 6 tax-effected foreign net operating loss carryforwards. indefinite expire 2020. carryforwards increased 2018 to 2019 tax benefit $41. 0 foreign restructuring plan. $5. 0 U. S.federal state research tax credit carryforwards. indefinite period expire 2020.\n 2019 valuation allowance $36. reduce. state deferred tax assets $15. foreign tax $20. remaining deferred tax assets future taxable income strategies.\n Deferred tax assets\n Reserves accrued expenses $ 175. $ 156.\n Inventories.\n Net operating loss carryforwards 111.\n R&D credits.\n Valuation allowance.\n difference investments.\n.\n Total deferred tax assets $ 322. $ 211.\n Deferred tax liabilities\n Reserves accrued expenses $ 15. 14.\n Amortizable intangible assets 1,229. 1,043.\n equipment.\n Accrued tax unremitted foreign earnings.\n difference investments.\n.\ntax 1,335."
}
{
    "_id": "d1b399d28",
    "title": "",
    "text": "Financial Results\n Operating Expenses\n expenses\n increase Operating driven personnel technology Software Solutions. increase Data Analytics personnel data revenue growth. decrease Corporate Other lower incentive bonus expense.\n December\n Software Solutions $412. $394. $17. 5%\n Data Analytics 123. 115. 7%\n Corporate Other 109. 115.\n $646. $625. $20. 3%"
}
{
    "_id": "d1b307338",
    "title": "",
    "text": "own. GTE Mobilnet Texas RSA. 67% Pennsylvania 23. 67%. cellular service rural Texas.\n Pennsylvania. policies equity method. adoption ASC 606 interests increased $1. 8 million earnings 2018.\n 2019 cash distributions $19. million $21. 8 million $17. 2 million. value exceeds equity $32. 8 million December 2019 2018.\n combined results three equity investments\n revenues $ 349,640 $ 346,251 350,611\n Income operations 100,182 100,571 104,973\n income taxes 99,146\n assets $ 80,655 $ 75,040 78,782\n Non-current assets 156,672 103,996 95,959\n liabilities 33,292 24,719\n92,477\n Partnership 111,558,478 100"
}
{
    "_id": "d1b36d020",
    "title": "",
    "text": "December 31, 2019 losses carryforwards\n state losses $60. 2 million. million acquisitions\n tax credits $0. 1 million $8. million\n losses credits expire 2020 2038 2019 federal loss $43. 9 million $1 million state credits unlimited carryforward periods.\n India subsidiary Special Zones tax holiday. reduces. Hyderabad 2024. Bangalore 2022. reduced taxes $1. 9 million $1. 3 million $1 million.\n losses $120,722 $3\n acquisitions $76,827\n carryforwards $8,202\n"
}
{
    "_id": "d1b30cb26",
    "title": "",
    "text": "Uncertain Tax Positions\n December 31, 2019 2018 2017 unrecognized tax benefits $4. 4 million $4. 2 million\n $3. 8 million. Accrued interest expense recognized\n income tax immaterial years\n 2019 2018. policy interest penalties\n tax expense.\n activity unrecognized tax benefits\n deferred tax assets valuation allowance. 31, 2019 total benefits taxrate $1. 0 million. change twelvemonths. may change.\n subject taxation United States states foreign jurisdictions. open statutes limitations tax returns 2005. examination.\n Years Ended December 31,\n 2018 2017\n unrecognized tax benefits $4,191  $3,782 $3,360\n Increases prior years\n Increases\n Decreases\n$4,441,191 $3,782"
}
{
    "_id": "d1b34159c",
    "title": "",
    "text": "Company's defined benefit pension plans 88% funded January 31, 2019.\n aggregate accumulated benefit obligation $85. 1 million compared $139. 5 million January 31, 2018. amounts Company defined benefit pension plans accumulated projected obligations. prices higher average market value Autodesk’s stock fiscal.\n Ended January 31,\n accumulated benefit obligations\n $75. $130.\n.\n projected benefit obligations\n $91. $158.\n."
}
{
    "_id": "d1b396510",
    "title": "",
    "text": ". INCOME TAXES\n provision\n payable\n Federal $1,995 $1,163 $5,617\n State\n 13,448 107,487 116,022\n 108,764 122,661\n Deferred\n 26,334\n (20,414) (30,510)\n (9,777 5,431 (29,250\n taxes $6,223 $114,195 $93,411"
}
{
    "_id": "d1b3118b0",
    "title": "",
    "text": "Option Exercises Stock Vested\n table shares acquired vesting 2019 value realized.\n vesting shares market value common stock vesting.\n Option Stock Awards\n Shares Acquired Value Realized\n Jon Kirchner 153,090 3,428,285\n Robert Andersen 24,500 578,806\n Paul Davis 20,500 482,680\n Murali Dharan 15,000 330,120\n Geir Skaaden 21,100 500,804"
}
{
    "_id": "d1b3164f0",
    "title": "",
    "text": ". Operating Results\n 2019 2018\n net voyage revenue non-GAAP profitability bareboat. days) Rate. used investors financial performance averages. industry standards. reconciles net revenues.\n Years Ended December 31,\n figures USD 2019 2018\n Voyage Revenue 317,220 289,016. 8%\n Voyage Expenses (141,770) (165,012).\n Vessel Operating Expenses (66,033) (80,411). 9%)\n Impairment Loss Vessels\n Disposal Vessels\n General Administrative Expenses (13,481) (12.\n Depreciation Expenses (63,965).\n Net Operating (Loss Income.\n Interest Income.\n Expenses.\n Other Financial Expenses (4,231) (14,808. 4%\nEquity Loss\n Net Income (10,352),306)."
}
{
    "_id": "d1b3b9b78",
    "title": "",
    "text": "reconciliation unrecognized tax benefit\n benefits impact Company tax rate valuation allowance. material changes benefits next twelve months.\n December 31, 2019 2018 no accrued interest penalties uncertain tax positions. tax years 2019 open unutilized losses.\n files tax returns United States foreign jurisdictions subject taxing authorities. net operating loss research credit carryforwards subject adjustment.\n Utilization credits annual limitation ownership change limitations Internal Revenue Code 1986. expiration losses credits before utilization.\n December\n Unrecognized tax benefit beginning balance $8,217 $7,527\n Increases positions prior years\n Decreases\n Increases\n Unrecognized tax benefit ending balance $8,840 $8,217"
}
{
    "_id": "d1b399e36",
    "title": "",
    "text": "DEPRECIATION AMORTIZATION\n.\n. depreciation amortization increased right-of-use assets IFRS 16 2019 higher capital expenditures.\n Years December 31\n 2018\n Depreciation 2,297  2,174\n Amortization\n Depreciation assets 2,313  2,211  5\n Depreciation\n Total depreciation amortization 2,488  2,211"
}
{
    "_id": "d1b391c4a",
    "title": "",
    "text": "Selling Administrative\n decreased $13. million $88. million December 31, 2019 $101. million 2018. intangible asset amortization $8. million payroll expense $1. million lower headcount professional fees $1. million outside services. million travel-related expenses. million.\n expenses flat increase sales marketing market expansion.\n December\n 2019\n Selling administrative $88,762 $101,789\n net revenue 28%"
}
{
    "_id": "d1b303b70",
    "title": "",
    "text": "GreenSky. FINANCIAL STATEMENTS States Dollars\n. Property Equipment Software\n.\n December\n Furniture $2,907 $2,813\n Leasehold improvements 4,171\n Computer hardware 2,494\n Software 20,126 8,344\n property 30,429 18,251\n depreciation,462\n amortization\n $18,309 $10,232"
}
{
    "_id": "d1b2f4e5e",
    "title": "",
    "text": "stock option plans\n Weighted-average exercise price\n contractual life\n value options $2,149 $1,724 $1,944 years 2017 2018 2019.\n Average Price Life Intrinsic Value\n March 31, 2018 1,894 $12.\n granted\n exercised. $1,944\n cancelled/forfeited.\n March 31, 2019 1,446. $6,528\n 1,347. $6,253"
}
{
    "_id": "d1b39f174",
    "title": "",
    "text": ". Segment information\n. reportable segments results.\n four segments comparison purchase support referrals\n Health\n Life General Insurance\n Energy Telecommunications\n Other financial service products home loans Australia Asia.\n unallocated costs business restructure-off transactions.\n Non-current assets deferred tax.\n 30 June 2019\n Revenue 149,295 4,864 154,159\n Non-current 44,061 15,899 59\n 30 June 2018\n 174,776 2,155 176,931\n 49,235 15,245 64"
}
{
    "_id": "d1b3be13c",
    "title": "",
    "text": "information initial distribution rights films 2019 2018 2017\n distribute content 50 countries offices. Indian cinemas’ non-English markets offer dubbed subtitled content 25 languages.\n global distribution network includes relationships partners sub producers directors prominent figures Indian film industry distribution.\n Year ended March 31,\n 2019 2018 2017\n Global (India International\n Hindi films\n Regional films (excluding Tamil\n Tamil films\n International\n Regional films Tamil\n India\n films\n Regional films Tamil\n Tamil films\n 72 24"
}
{
    "_id": "d1b352572",
    "title": "",
    "text": "Sales marketing expenses personnel advertising trade shows.\n decreased $11. 1 million June 30 2019. due to decrease commissions $6. 6 million $8. 9 million commission Topic 606 decrease marketing $5. 7 million travel communication $1. 1 million. offset by increase bad debt $3. 5 million receivables. marketing expenses decreased 18% from 19% prior year.\n labour resources increased 103 employees from 1,948 2018 to 2,051 2019.\n Payroll benefits $48,717\n Commissions 16,993\n Contract labour consulting\n Share-based compensation\n Travel communication\n Marketing expenses\n Facilities\n Bad debt\n miscellaneous\n Total change $84,687"
}
{
    "_id": "d1b2e766e",
    "title": "",
    "text": ".\n domestic foreign operations\n Ended June 30\n millions 2019\n Domestic $204. $140. $56.\n Foreign. 19.\n before taxes $216. $160. $70."
}
{
    "_id": "d1b32ce30",
    "title": "",
    "text": ". Employee numbers costs\n average monthly contractors\n Customer operations 370 380\n Product technology 317 312\n Corporate 115 130\n 802"
}
{
    "_id": "d1a713428",
    "title": "",
    "text": ". Balance Sheet\n Deferred Revenue\n obligations. software mobile apps upgrade rights. services. one eighteen months.\n Changes-term deferred revenue balance\n Beginning balances $36,836 $42,432 $49,904\n Deferral revenue 45,040 40,003 46,193\n Recognition revenue (41,034) (45,599) (53,665\n Ending balances $40,842 $36,836 $42,432"
}
{
    "_id": "d1b3a62ee",
    "title": "",
    "text": "NAVIOS MARITIME HOLDINGS. FINANCIAL STATEMENTS. dollars\n NOTE 8 INTANGIBLE ASSETS GOODWILL\n Value December 31, 2018\n acquisition costs $1,150 vessel purchase option. intangible assets $31,342 contracts Navios Containers November 30. December 2017 acquisition costs $10,398 amortization $7,001 loss $3,397 sale.\n Acquisition Cost Accumulated Amortization Transfer Write off Net Book Value December 31, 2018\n Trade name $100,420 $(47,966) $52,454\n Port terminal operating rights 53,152\n Customer relationships 35,490\n Favorable lease terms 32,492\n Intangible assets $221,554"
}
{
    "_id": "d1b3611a8",
    "title": "",
    "text": "Dividends Repurchases\n 2018 2017 2016\n difference declared paid unvested stock units.\n Excludes commissions.\n dividends. future discretionary Board.\n June 2018 Board authorized repurchase $350. million common. August 31, 2019 repurchased.\n September 2019 repurchase $600. million two-year capital allocation. October 14 repurchased 874,475 shares $30. million $600. million.\n Dividends Share\n 2016 $62,436 $148,185 $210,621\n 2017 $59,959 $306,397\n 2018 $57,833 $450,000\n 2019 $52,004 $350,000 $402,004\n $232,232 $1,254,582,486,814"
}
{
    "_id": "d1b39a926",
    "title": "",
    "text": "Stock-Based Compensation\n recognizes\n unrecognized compensation cost performance-based restricted stock units December 2019 $3. 6 million 1. 6 years. unvested stock options $2. 0 million 2. 30 years.\n Years Ended December 31,\n 2019 2018 2017\n net revenue $577 $489 $332\n Research development 16,545 17,953 16,190\n Selling general administrative 14,938 13,279 11,016\n Restructuring expense\n $32,060"
}
{
    "_id": "d1b3ab168",
    "title": "",
    "text": "reconciliation unrecognized tax benefits\n effective income tax rates 9. 5%.%. 3% December 2019 2018 2017. below statutory due windfall benefits employee transactions income deductions research development tax credits offset non meal entertainment expenses state taxes.\n valuation allowance deferred tax assets. uncertainty tax credits. 3 million established valuation allowance $0. 3 million second quarter 2019 remained. December 31, 2019. all deferred tax assets. valuation allowance.\n guidance more likely than not threshold uncertain. benefit. recorded unrecognized tax benefits $0. 6 million. 8 million $1. million research development tax credits December 31, 2019 2018 2017.\n accrued. 2 million. 1 million interest related unrecognized tax benefits. recognize interest penalties income tax expense.\naware events unrecognized tax benefits twelve months. cumulative liability uncertain tax positions $3. 1 million $2. 8 million December 31, 2019 2018 recognized reduce income tax expense effective tax rate.\n file tax returns States Canada. no subject U. S. income tax examinations 2016, operating loss carryforwards 2016 adjustment. state local tax examinations 2016.\n federal loss carryforwards $4. 9 million 2030. state carryforwards $1. 7 million 2027. federal research development tax credit carryforwards $5. 2 million 2038. state $4. 3 million 2021. federal net operating loss carryforward 2013 acquisition EnergyHub. Internal Revenue Code 1986.\n balance $2,801 $1,973\n Additions 718\n Decreases\nacquisitions\n Decreases statute (219)\n balance $3,065 $2,801 $1,973"
}
{
    "_id": "d1b37629c",
    "title": "",
    "text": "\n December 27, 2019\n income $24,193 $20,402 $14,366\n dilutive securities\n Interest convertible notes\n income $24,400 $20,764 $14,902\n common shares 29,532,342 28,703,265 26,118,482\n stock options shares 211,050 270,520\n convertible notes 329,946 705,134\n shares 30,073,338 29,678,919"
}
{
    "_id": "d1b2e373a",
    "title": "",
    "text": "(LOSS) PER SHARE\n computed net income shares. Diluted earnings dilutive effect stock options awards treasury method. diluted earnings\n stock options restricted awards 1. million 1. 2 million excluded earnings year February 28, 2017 antidilutive. anti-dilutive stock options awards 1. 9 million 0. 2 million 2019 2018 excluded.\n option pay cash issue common stock conversion Notes. settle cash treasury stock method dilutive effect conversion net income. average market price common stock less than initial conversion price no shares included diluted earnings per share conversion.\n February 28,\n 2017\n Net income (loss $18,398 $16,617 $(7,904)\n average common shares 34,589 35,250 35,917\nstock options restricted units\n treasury stock method\n shares 35,294 36,139 35,917\n Earnings share\n. 53. 47.\n. 52. 46."
}
{
    "_id": "d1b337f7e",
    "title": "",
    "text": "9. GOODWILL\n summary goodwill activity.\n Ended December 31\n 3,178\n Golden Ridge acquisition\n MGI acquistion\n $3,915 $3"
}
{
    "_id": "d1b3a0eb6",
    "title": "",
    "text": ". Pensions\n benefit plans\n timing uncertainty future cash flows\n liability duration maturity\n average duration benefit obligation\n benefit payments\n 1 year 10.\n 5 years 45.\n 5 10 years 61. 119.\n 20 114. 103\n 30 years 81. 68.\n 30 63."
}
{
    "_id": "d1b3136e2",
    "title": "",
    "text": "FRT Term Loan\n October 25, 2019 $23. 4 million three-year HSBC Trinkaus Burkhardt acquisition FRT GmbH October 9, 2019. Note 4 details.\n interest Euro Interbank Rate plus 1. 75 % per annum repaid installments $1. 9 million January 25, 2020.\n obligations guaranteed FormFactor.\n negative covenants indebtedness liens dividends dispositions leasebacks negative pledges fiscal year sanctions anti-bribery modifications.\n affirmative covenants warranties.\n Future principal interest payments December 28, 2019\n 1. 35% per annum FRT Term Loan 3. 71% per annum CMI Term Loan.\n Payments\n principal payments $42,838 $7,838\n interest\n$43,615,493"
}
{
    "_id": "d1b37f0ae",
    "title": "",
    "text": "Cost Gross Margin Product Type\n perpetual term subscription deployed. impacted economic industry conditions software acquisitions. royalties.\n revenues decreased $9. 4 million. 2% June 2019. 4% $11. 2 million foreign exchange rate changes. increase Americas $8. 2 million Asia Pacific $10. 6 million EMEA $7. million.\n 153 deals $0. 5 million 49 $1. million $144. 1 million. 140 $0. 5 million 2018 58 $1. million $152. 2 million.\n increased $0. 7 million. gross margin 97%.\n $390. 4 million $47. 1 million. 8%. 4% $10. 4 million foreign exchange rate changes. Americas $17. 7 million EMEA $15. 7 million Asia Pacific $13. 7 million.\n.7 million difference 606 605 timing differences 605 deferred 606 recognized. note 3 Consolidated Financial Statements.\n Ended June 30\n 2019\n Revenues\n Americas $215,871 $8,216 $207,655 $29,257 $178,398\n EMEA 163,622 (7 170,631 23,788 146,843\n Asia Pacific 48,599 (10,627) 59,226 15 43,903\n Revenues 428,092 437,512 68,368,144\n Revenues 14,347\n License Gross Profit $413,745 $423,819 $68,307 $355,512\n Gross Margin 96. 6%.\n Revenues Geography\n Americas.\n.\n Asia Pacific."
}
{
    "_id": "d1b32f90a",
    "title": "",
    "text": "Measures\n Deferred revenue ASC 606. Note 2 Consolidated Statements.\n Cash equivalents investments $33,413 $46,548\n $15,831 $13,666\n Deferred revenue $18,467 $19,685\n $20,577 $17,661\n Dividends $5,979 $5,968\n Inventories $1,383 $1,846"
}
{
    "_id": "d1b35a416",
    "title": "",
    "text": "Non-GAAP Financial Measures\n Management believes non-GAAP measures comparisons between current\n results prior periods. Adjusted earnings before interest taxes depreciation amortization stock-based compensation\n management financial community. provides insight operating trends\n facilitates comparisons between companies taxes\n capital structures tax strategies. debt covenant compliance.\n excludes items unusual not comparable. believes non-GAAP measurements\n supplemental not replace GAAP results. not\n alternative to net income operating income operating performance liquidity\n accounting principles. assessing business years December 31, 2019 2018\n Company excluded\n Stock-based compensation exclusion enhances understand impact results. excluding allows transparent comparison financial results previous year.\nLOSS EBITDA\n net loss $1,934,133 $1,875,846\n deficit $125,105,539 assets $4,187,449. $3,300,600 cash\n $424,000 credit facility. $2,000,000 borrowing base calculation\n advance rate\n. borrowing capacity $1,102,917 outstanding balance $624,347 availability $424,000\n credit facility. cash balance decreased $4,678,891 $3,300,600\n $115,000 month. 2018 cash balance decreased\n $8,385,595 $4,678,891 $309,000 month. improved revenues cost management.\n Net loss $(1,934,133 $(3,016,750\n Interest expense\n Income tax provision\n Depreciation amortization\n EBITDA (1,915,275) (2,953,642\n Adjustments\n7,261\n EBITDA,947,238)"
}
{
    "_id": "d1b3b2576",
    "title": "",
    "text": "table presents pro forma results 2019 2018 Grakon acquisition Pacific Insight. unaudited information not indicative.\n include amortization depreciation adjustments property interest expense adjustments increased debt acquisition charges tax effects.\n Fiscal Year Ended\n April 27, 2019 28, 2018\n Revenues $1,073. $1,095.\n Net Income $106. $70."
}
{
    "_id": "d1b36357a",
    "title": "",
    "text": "6. FINANCIAL DATA\n audited financial statements. 7. Discussion Analysis Financial Condition Results 8. Financial Statements Supplementary Annual Report.\n Accounting Standards Update 2016-09 Compensation excess tax benefits.\n adopted ASU 2014-09 Contracts Customers 2018. adjusted balances 2017 2016. not adjusted 2015 ASU 2014-09.\n 2018 2016\n Consolidated Statements Operations Data\n Revenue\n Perpetual license $80,015 109,863 132,883 145,053 166\n Term license 199,433 178,256 206,411\n Maintenance 280,580 263,875 242,320\n Cloud 133,746 82,627\n Consulting 217,609 256,960 255,756\nrevenue $911,383 891,581 888,467,229 682,695\n income operations $(134,878(17,032) $93,177 $50,644 $64,661\n Net income $(90,433 $10,617 $98,548 $45,015 $36,322\n earnings per share\n.\n.\n dividends share."
}
{
    "_id": "d1b38e400",
    "title": "",
    "text": "revenue Broadcasting segment 2019 decreased $3. 6 million to $41. 8 million from $45. 4 million 2018. cost cutting HC2 Network. exited operations programming mix.\n due lower advertising sales. offset higher stations revenue.\n 2019 decreased $5. 0 million to $23. 5 million from $28. 5 million 2018. driven audience measurement costs exit markets programming costs offset higher revenues growth.\n Selling expenses 2019 decreased $10. 9 million to $26. 4 million from $37. 3 million 2018. compensation costs cost cutting measures lower legal expenses.\n Depreciation amortization increased $3. 0 million to $6. 3 million from $3. 3 million 2018. additional amortization fixed assets.\n operating expense increased $3. 3 million $3. 0 million.million December 31, 2018. increase reimbursements Federal Communications Commission offset impairment licenses 2019.\n requires stations change channels modify transmission facilities. Congress legislation FCC fund costs full power Class A licenses low power.\n Ended December 31,\n 2019 2018 Increase\n Net revenue $ 41. $ 45.\n Cost revenue 23. 28.\n Selling administrative 26. 37. (10\n Depreciation amortization 6.\n operating.\n Loss operations (11."
}
{
    "_id": "d1a734e2a",
    "title": "",
    "text": "Future Rate\n medium-term tax rate acquisitions higher jurisdictions. tax fluctuate business changes OECD’s Base Erosion Profit Shifting Project. Legislative change monitored.\n impact future tax charge liabilities assets Article 50(2) Treaty European Union failure future relationship European Union.\n European Commission investigation foreign company rules. levy charge foreign entities lower tax exemption 75% financing. exemption EU State Aid rules. awaiting detail position changed tax accounting. risk possible not probable. UK ministers appeal. No provision potential liability $3. 6M Consolidated Financial Statements ultimate financial result.\n Deferred tax assets liabilities\n 31 March 2019 temporary differences earnings $Nil. No liability recognised Group reversal differences.\nDeferred tax assets liabilities measured tax rates rates reporting date.\n 31 March 2019 2018\n Deferred income tax assets\n 40.\n losses UK subsidiaries 37. 24.\n overseas subsidiaries 6.\n capital allowances 7.\n Share-based payments 11. 27.\n. 14\n 115. 120.\n Deferred income tax liabilities\n Intangible assets 6. 5.\n Deferred selling cost 8.\n differences.\n 14."
}
{
    "_id": "d1b3acd6a",
    "title": "",
    "text": "6. Financial Data\n Consolidated Financial Statements. 8 7 Financial Condition Results.\n Working capital assets minus liabilities.\n Consolidated Balance Sheets Data\n Working $(187,020 $319,050(243,910) $280,325 $191,168\n Total assets $12,970,475 $12,045,641 $11,095,995 $10,322,677 $9,591,600\n installments $375,181 $25,197 $444,255\n $2,121,284,493,502,606,017\n Jabil. stockholders’ equity $1,887,443,950,257,171,314,856\n Common stock shares 153,520 164,588 186,998"
}
{
    "_id": "d1b3533b4",
    "title": "",
    "text": "\n cybersecurity business licensing enforcement advisory services mobile applications investing technologies intellectual property. table summarizes results percentage total revenue. not indicative future.\n Years Ended December 31,\n 2019 2018 2017\n % Revenue\n millions\n $13. $82. $50.\n Cost revenues 1. 14% 15. 19% 6.\n Gross profit 11. 86% 67. 44. 88%\n Operating expenses\n Selling administrative 31. 240% 32. 39% 28. 57%\n Research development 2. 15%.\n Total operating expenses 33. 225% 34. 41% 30.\n Other income.\n Income) before taxes (22. (172%) 28. 35% 16. 33%\nIncome tax. (47%. 10%. (12)\n income. (125)% $20. $22. 45%\n stock compensation $1. 2%."
}
{
    "_id": "d1b3ba096",
    "title": "",
    "text": ". Restructuring Activity\n Company approves restructuring plans cost saving. terminating employees vacating facilities cancellation contracts.\n table activity restructuring charges\n employee separation expenses 2017 stock-based compensation awards Exar $5. 1 million.\n Lease charges exiting redundant facilities.\n December\n Employee separation expenses $1,150 $2,094 $8,353\n Lease expenses 1,301\n $2,636 $3,838 $9,524"
}
{
    "_id": "d1a741756",
    "title": "",
    "text": "Represents ownership less 1% common stock.\n 16,982 36,837 shares issuable 60 days February 15, 2020.\n 37,011 shares Hutchison Family Trust. co-trustee 7,028 shares Glasgow Investments 44,166 shares issuable. Hutchison 60 days February 15, 2020. managing member Glasgow Investments voting disposition.\n 16,016 shares issuable 60 days February 15 2020.\n 235,643 shares Lien Revocable Trust. co-trustee 3,658 shares. Lien 62,919 shares issuable. 60 February 15 2020 12,182 Chris Lien 2013 Annuity Trust Rebecca Lien 2013 Annuity Trust.\n 36,888 shares issuable options 60 days February 15, 2020.\n76,346 shares common stock 29,435 issuable options 60 February 15 2020 11,250 restricted stock units vesting 60 15 2020.\n. Kinnish resigned Chief Financial Officer December 5, 2019. 9,079 shares 53,068 shares issuable 60 days February 15 2020.\n 410,111 shares,329 shares issuable options February 15 2020 11,250 shares vesting 60 2020.\n Schedule 13G/A filed SEC Benchmark Capital February 12, 2020. 456,916 shares Benchmark Capital Partners. 28,576 shares Founders’ Fund. 18,754 shares. 49,256 shares Benchmark Capital Management. general partner BCP VI sole voting investment power shares BCP. Bruce.Dunlevie member Board until February 2017 shared voting investment BCP VI BFF VI BFF VI-B. 2965 Woodside Road California. BCP BFF-B. 2965 Woodside Road.\n Schedule 13G SEC DAG Ventures IV-QP. February 11, 2014 adjusted 1-for-7 reverse stock split October 5, 2017. 444,674 shares DAG Ventures IV-QP. 51,356 shares Ventures IV-A 46,994 shares Ventures IV. general partner DAG IV-QP DAG IV. voting disposition IV-QP indirect beneficial ownership. own securities. Thomas Goodrich John J. Caddo Greg Williams Young.Chung Nick Pianism managing directors IV voting disposition indirect ownership. 251 Lytton Avenue Suite 200 Palo Alto CA 94301.\n 13G ESW Capital. owns 579,000 shares. Joseph. Liemandt sole voting member indirect ownership. 401 Congress Avenue Suite 2650 Austin 78701.\n Beneficial Owner Shares Percent\n Directors Officers\n. Gordon Crovitz(1) 53,819\n Donald. Hutchison(2) 88,205.\n Brian 16\n Christopher Lien(4) 326,584.\n Daina 36\n Wister Walcott(6) 117,031.\n Robert\n Bradley Kinnish 62,147\n directors 700,690.\n Benchmark Capital Partners. 553,502.\n 543,024.\n ESW Capital 579,000."
}
{
    "_id": "d1b35db98",
    "title": "",
    "text": "Adjusted EBITDA. represents net loss before interest investment income expense provision taxes depreciation amortization expense loss on extinguishment convertible notes stock-based compensation expense. indicative of core operating performance. non-cash include depreciation amortization stock-based compensation.\n Adjusted EBITDA management operating performance generate future plans strategic decisions initiatives new markets. exclusion of expenses facilitates comparisons performance.\n not calculated GAAP. provides information. limitations substitute for analysis financial results.\n limitations depreciation amortization non-cash capitalized software amortized reflect cash capital requirements reflect changes requirements working capital needs\n dilutive impact equity-based compensation reflect tax payments receipts cash\n other companies calculate EBITDA\n differently reduces usefulness.\nEBITDA loss. EBITDA loss\n Net loss $(52,250) $(47,515) $(19,634\n Interest expense 2,979 4,504\n taxes 425\n Depreciation amortization 19,671 13,693 10,207\n Loss extinguishment convertible notes 1,406\n Stock compensation 33,489 25,825 9,299\n Adjusted EBITDA $5,720 $(2,697)"
}
{
    "_id": "d1b344bb6",
    "title": "",
    "text": "Fiscal September 28, 2018 29, 2017\n acquired AppliedMicro January 26, Picometrix August 9, 2017 divested Compute October 27, 2017 LR4 May 10, 2018. Note 4 23 Divested Annual Report.\n Statements AppliedMicro Picometrix Compute LR4 divestiture less twelve months.\n. 2018 decreased $128. 4 million 18. 4% $570. 4 million $698. 8 million 2017.\n 2018 Telecom market revenue decreased $117. 1 million 34. 4%. lower sales optical semiconductor fiber May 2018 sale LR4.\n Data Center market revenue decreased $10. 4 million. 0%. optical products lasers cloud data center applications.\n I&D market revenues decreased $0. 9 million. 5%. legacy defense products higher revenue.\nTelecom $222,940 $340,022.\n Data Center 162,098 172,481.\n Defense 185,360 186,269.\n 570,398,772.\n 39. 48. 6%\n. 24.\n.\n 100."
}
{
    "_id": "d1b34d0fe",
    "title": "",
    "text": ". Fair Values\n currency interest rate swap contracts exclude accrued interest S$16. 3 million. 8 million. accrued interest disclosed Note 16 27.\n fair values derivative financial instruments\n values\n S$\n cash flow hedges\n Cross currency swaps 414. 95. 60.\n Interest rate swaps 11. 59\n foreign exchange contracts 12. 3\n Derivatives qualify hedge accounting\n Cross currency swaps 104.\n Interest rate swaps. 17.\n foreign exchange contracts.\n. 158. 126\n Disclosed\n 155.\n Non-current 283. 149. 125. 191.\n. 158. 126."
}
{
    "_id": "d1b33eaf4",
    "title": "",
    "text": "ADVANCED INDUSTRIES. FINANCIAL STATEMENTS share\n table summarizes long-lived assets December\n property equipment lease right-use goodwill intangible.\n States $239,511 $115,869\n Asia\n Europe\n $600,456 $188,079"
}
{
    "_id": "d1b3c8b00",
    "title": "",
    "text": "Marine Services GMSL revenue maintenance subsea telecommunications fiber optic communication power infrastructure offshore oil gas platforms inter-array power cables offshore wind farms.\n Telecommunication Maintenance Installation fixed-price contracts recognizes revenue over time input. measurable value. receives value work completed. progress cost incurred time elapsed. input method. Revenue recognition begins work. Costs labor overhead. Revisions reflected. Provisions estimated losses uncompleted contracts.\n Maintenance revenues standby vessels cable storage depots fiber optic contracts 60 global telecommunications providers. contracts five to seven years. Installation revenues cable systems route planning mapping engineering laying trenching burial. project-based contracts one to five months.\n Power - Operations Maintenance Construction revenues crew transfer vessels turbine offshore wind farms.Services provided rates recognized revenues performance obligations. revenues safety training courses offshore wind turbines. Courses rates recognized.\n Power - Cable Installation Repair revenues engineering solutions charter cable vessels subsea assets. contracts rates recognized fixed-price contracts recognized over time.\n Disaggregation Revenues GMSL revenue market\n Telecommunication - Maintenance $86. $87.\n Installation.\n Power - Operations Maintenance Construction.\n Power - Cable Installation Repair. 34.\n revenue contracts 172. 194.\n Marine Services revenue $172. $194."
}
{
    "_id": "d1b36d3cc",
    "title": "",
    "text": "Equipment Leasehold Improvements Software\n December 27, 2019 28, 2018\n Construction 27, 2019 Enterprise Resource Planning 28, 2018 headquarters Ridgefield CT. completed 2019. ERP 2020. net value equipment leases 27, 28, 2018 $3,905 $388. No interest expense capitalized 27, 2019 28, 2018 29,.\n Land $1,170\n Buildings 20 years\n Machinery equipment 5-10 years\n Computers data processing 3-7\n Software\n Leasehold improvements 1-40 years 70,903\n Furniture fixtures 7,309\n Vehicles 5-7\n Construction-in-process 9,200 15,757\n accumulated depreciation amortization\n $92,846 $85,276"
}
{
    "_id": "d1b3be51a",
    "title": "",
    "text": "Item 10. Directors Executive Officers Corporate Governance\n information 401 405 407 (c)(3) Regulation S-K directors Cincinnati Bell Inc. Proxy Statement 2020 Annual Meeting Shareholders incorporated. information 401 405 407 Regulation S-K Cincinnati Bell. Proxy Statement 2020 Annual Meeting incorporated.\n Code of Ethics Senior Financial Officers Chief Executive Officer Financial Officer Accounting Officer website http://www. cincinnatibell. com. amendment Code Ethics waiver\n certifications Chief Executive Officer Financial Officer Section 302 Sarbanes-Oxley Act 2002 2019 NYSE corporate governance listing standards Section 303. 12 NYSE Listed Company Manual. corporate governance listing standards Section 303. 12 NYSE Listed Company Manual.\n Executive Officers Registrant\nages positions executive officers February 24, 2020\n elected annually removable.\n LEIGH. FOX President Officer Operating Financial Officer Administrative Officer Senior Vice President Finance Operations Vice President Cincinnati Bell Technology Solutions.\n ANDREW R. Chief Financial Officer 2016 Vice President Consumer Marketing Data Analytics Corporate Finance Partner Howard Roark Consulting.\n CHRISTI. CORNETTE Chief Culture Officer June Senior Vice President Marketing Director Marketing.\n THOMAS. SIMPSON Chief Operating Officer Senior Vice President Technology Officer Research Development Director Technical Operations\n CHRISTOPHER J. WILSON Vice President General Counsel August 2003.\n JOSHUA. DUCKWORTH Vice President Treasury Corporate Finance Relations October 2017 Vice President Investor Relations Controller Assistant Treasurer Investor Relations. Assistant Controller. Deloitte Touche audit.\nSUZANNE MARATTA Vice President Controller 2019 Assistant Controller Senior Financial Reporting Manager Auditor PricewaterhouseCoopers 2007 2014\n Leigh Fox\n Andrew Kaiser Financial Officer\n. Cornette\n Thomas. Simpson Operating\n Christopher. Wilson\n Joshua. Duckworth Treasury Investor Relations\n Suzanne. Maratta"
}
{
    "_id": "d1b3357ce",
    "title": "",
    "text": ". Stock Award Plan\n stock-based compensation expense in consolidated statements. non-cash employee discount common stock.\n estimated income tax benefit December 2019 approximately $5. 3 million. No costs capitalized 2019 2018 2017. estimate forfeitures.\n revised differ. unrecognized-based compensation expense nonvested awards options $62. 4 million December 31, 2019 expected recognized over 2. 3 years.\n revenue\n Software delivery support maintenance $ 2,075\n Client services 4,067\n revenue 6,142\n Selling administrative expenses 27,348\n Research development 9,200\n stock-based compensation expense $ 42,690 39,331"
}
{
    "_id": "d1b371a9e",
    "title": "",
    "text": "utilized Black-Scholes option pricing model. expected life contractual vesting period. risk-free interest rate. Treasury yield curve. accounted forfeitures. historical volatility calculated.\n fair value 2019 2018 options estimated Black-Scholes model weighted-average\n $419,000 unrecognized compensation expense 2019 3. $418,000 2018 2. 4 years. no 2018.\n-average fair value per share $8. 78 $6. 63\n Historical volatility 60% 46%\n Risk-free interest rate. 84%\n Dividend yield\n Expected life."
}
{
    "_id": "d1b309912",
    "title": "",
    "text": "Long-Term Liabilities\n Revenue Contracts\n acquisition FPSO Petrojarl assumed FPSO contract less favorable. recognized liability estimated value.\n amortizing remaining liability term projected revenue.\n Amortization contracts December 2019 $5. 9 million (2018 $14. million 2017 $27. 2 consolidated statements loss. 2019 expected $5. 9 million $5. million (2021). million (2022).\n Deferred revenues gains\n Guarantee liabilities\n Asset retirement obligation\n Pension liabilities\n In-process revenue contracts 11,866\n Derivative liabilities\n Unrecognized tax benefits 62\n Office lease liability-term\n"
}
{
    "_id": "d1b2f9fbc",
    "title": "",
    "text": ". FY 2019 Financial Performance Analysis\n discussions consolidated Rupee financial results March 31, 2019. financial statements Tata Consultancy Services subsidiaries prepared Indian Accounting Standards Companies Act 2013,. accounting policies notes statements.\n consolidated financial results\n EPS adjusted bonus issue\n FY 2019 % Revenue Growth FY 2018\n 146,463 100. 123,104.\n Earnings before interest tax depreciation amortization 39,506 27.\n Profit Before Tax 41,563. 34.\n Profit after tax shareholders 31,472 21. 25,826.\n Earnings per share 83. 23. 67."
}
{
    "_id": "d1b35cb8a",
    "title": "",
    "text": ". Income Taxes\n Tax Cuts Jobs Act signed December 22, 2017. tax law corporate tax rate net operating loss carryforwards carrybacks repeal corporate alternative minimum tax. reduced. corporate income tax rate 35% to 21%. deferred tax assets liabilities. $8. 8 million income tax expense reduction deferred tax December 31, 2017.\n 22, 2017 Securities Exchange Commission issued Accounting Bulletin. 118 GAAP information tax effects. impacts Tax Act. September 30, 2018 decreased estimate $8. 8 million to $8. 7 million.\n income tax expense\n Year Ended December 31,\n 2019\n Federal $1,615 $741 $584\n State\n Foreign\n 2 1,657\n Deferred\n 2,622\n State\n19\n Deferred 2,599\n $5,566 $2,990"
}
{
    "_id": "d1b393aa4",
    "title": "",
    "text": "Property Equipment\n depreciated. depreciation lives\n Land $19,490 $17,655\n Buildings improvements 173,333 5 40 years\n Equipment furniture fixtures,225,721 3 10 years\n improvements 94,878 89,399\n 676,926 632,310\n depreciation amortization (353,492\n $323,434 $311,793"
}
{
    "_id": "d1b394bb6",
    "title": "",
    "text": "reconciliation unrecognized tax benefits years December\n 2019 2018 2017\n totaled $11. 2 million $7. 1 million December 31, 2019 2018. $10. 2 million $5. 4 million effective tax rate.\n. 2 $5. 4 million\n.\n accrued interest penalties benefits. recognized tax expense $0. 5 million $0. 5 million $0. 3 million interest penalties. Accrued interest penalties $1. 7 million $2. 1 million. business tax returns foreign jurisdictions. no subject. income tax examinations before 2012. expiration statutes limitations 2020 unrecognized tax benefits decrease $3. 1 million.\n Unrecognized tax benefits January 1 (7,113 (7,419\n increases unrecognized tax benefits\n tax (2,428\ndecreases tax benefits prior 445  233  145\n increases\n current period (2,489 ) (78 ) \n Reductions settlements 349\n lapse statute limitations 346  675  163\n December 31, (11,239 ) (7,113 ) (7,419"
}
{
    "_id": "d1b366126",
    "title": "",
    "text": "Fair Value Measurement Financial Assets Liabilities\n carrying values accounts receivable payable short maturity repayment.\n tables financial instruments measured fair value\n value Level 1 instruments based quoted market prices. Level 2 observable inputs.\n Level 2 assets liabilities include derivative financial instruments hedging activity Note 4. measured fair value contract date remeasured reporting date spot forward discount rates. active market hedge contract inputs tied active markets.\n December 31, 2019\n 1 2 3\n Assets\n Money market funds $107,708\n U. S. government agencies 77,364\n Corporate debt securities 207,137\n $284,501 $392,209\n Liabilities\n Contingent consideration $1,889\nDerivative liabilities 748\n $1,889 $2,637\n December 31, 2018\n 3\n Money market funds $273,546\n. government agencies 72,840\n Corporate debt securities 228,953\n Derivative assets 623\n $273,546 $302,416 $575,962\n Derivative liabilities $549\n Stock warrant liability\n $959"
}
{
    "_id": "d1b33cefc",
    "title": "",
    "text": "PERFORMANCE MEASURES\n Net interest-bearing debt\n defined borrowings loans receivables cash equivalents restricted cash. capital resources interest expenditure rate risk investments. TORM believes financing. calculated\n 2019\n Borrowings 863. 754. 753.\n Loans receivables -4.\n Cash equivalents restricted cash -72. -127. -134.\n Net interest-bearing debt 786. 627. 619."
}
{
    "_id": "d1b3b3cbe",
    "title": "",
    "text": "assets\n first quarter 2019 invested. million Euro$3. 4 million 3D-Micromac Germany. adjusted impairment.\n year-end\n Assets deferred compensation arrangements $35,842 $37,370\n Deferred tax assets 16 87,011 64,858\n Other 18,111\n $140,964 $111,749"
}
{
    "_id": "d1b36a1e0",
    "title": "",
    "text": "Restricted Stock Units\n summary activity fiscal year 31, 2019\n Autodesk financial results 2018. stock units attained rates. to. 6% target award.\n granted 2019 2017 values $144. 37 $106. 55 $65. 95. vested $425. 4 million $399. 7 million $232. 2 million.\n 2019 Autodesk granted 2. 1 million restricted stock units.\n three years\n. not outstanding\n. fair value expensed\n over vesting period. compensation expense $189. 3\n million $202. 1 million $173. million.\n compensation cost recognized $364. 5 million non-vested awards\n. 76 years. January units granted\n unvested 3. 9 million.\n Autodesk granted. million performance stock units performance criteria.performance criteria stock units Recurring Revenue free cash flow goals Compensation Human Resources Committee stockholder return S&P Computer Software Select Index S&P North American Technology Software Index. units vest three-year period\n third year one.\n two.\n third three.\n stock units not outstanding grant voting. Autodesk grant-date fair value stock price Monte Carlo simulation model. fair value expensed accelerated attribution vesting period. compensation expense $28. 6 million $33. 7 million $22. 9 million years 2019 2018 2017. compensation cost $5. 6 million unvested stock units expected recognized over. 81 years. January 31, 2019 stock units granted unvested 0. 4 million.\n Unreleased Restricted Stock Units average grant date fair value per share\n\n January 2018 5,670. $82.\n 2,250. 144\n,982. 76.\n (681. 94\n Adjustment 29.\n January 2019 4,287. $120."
}
{
    "_id": "d1b32624c",
    "title": "",
    "text": "Non-GAAP Measures\n non-GAAP measures EBITDA adjusted EBITDA performance. not performance US GAAP not for net income cash.\n not indicative of cash. not. Reconciliations comparable measures.\n EBITDA net earnings before interest expense taxes depreciation amortization. Adjusted EBITDA adjusted items facility. measures common performance telecommunications industry fund cash.\n tables net income (loss) adjusted EBITDA years ended December 31, 2019 2018\n includes equity earnings dividend income income noncontrolling interests subsidiaries acquisition transaction costs non-cash pension post-retirement benefits miscellaneous items. Includes cash dividends distributions investments.\n Ended December 31,\n 2018 2017\n Net income (loss $ (19,931) $ (50,571) 65,299\n136,660 134,578 129,786\n Depreciation 381,237 432,668\n,252 492,548 362,031\n Adjustments\n distributions 35,809 39,078\n extinguishment debt\n Non-cash compensation 6,836 5,119 2\n EBITDA 523,540 537,294 414,104"
}
{
    "_id": "d1a726870",
    "title": "",
    "text": "Key Metrics\n results GAAP operating metrics operational performance understanding business\n Total bookings. cash receipts from sale products adjusted for products revenue net without net refunds. provides insight into sales performance business collect payment sale recognize revenue over customer contracts. report without refunds. excluding net refunds reflects effectiveness sales efforts.\n Total customers. customer individual paid product subscriptions. subscriptions multiple accounts. Total customers scale business revenue base\n Average revenue per user (ARPU). total revenue 12 month period divided by average customers. insight additional products impact muted due to growth in total customers.\n Year Ended December 31,\n 2018 2017 2016 2015\n Total bookings (in millions $3,401. $3,011. $2,618. $2,155. $1,914.\ncustomers 19,274 18,518 17,339 14,740 13,774\n $158"
}
{
    "_id": "d1b38ef04",
    "title": "",
    "text": "Asset Value share\n TORM assets liabilities. calculated broker values charter commitments.\n Asset share\n vessel values newbuildings 1,801. 1,675. 1,661.\n CAPEX newbuildings -51. -258. -306.\n Cash 72. 127. 134.\n Loans receivables 4.\n 34. 39. 33.\n Freight receivables 89. 86. 71.\n receivables 6. 7 11.\n equipment 4.\n Land buildings 8.\n Investments joint ventures.\n Prepayments.\n Borrowings -863. -754. -753.\n Trade payables.\n liabilities. -33\n tax liabilities -1.\n Net Asset Value 1,016. 856. 796.\n shares treasury 74. 73.62.\n Asset Value 13. 11. 12."
}
{
    "_id": "d1b34468e",
    "title": "",
    "text": "Company evaluates credits. October 2019 2018 2017 $1. 8 million $0. 7 million $0. 6 million recovered. released valuation allowance deferred tax expense.\n differences consolidated income tax federal statutory rate\n Ended October 31,\n 2018 2017\n Income taxes statutory rate $13,408 $ 7,132 $148,585\n benefit TCJA\n State taxes 1,189\n credits (2,139\n Expiration credits\n Federal tax credits\n manufacturers deduction\n Excess tax benefits\n Nondeductible expenses 1,786\n Change valuation allowance\n Income tax expense $10,553 $,874) $144,785"
}
{
    "_id": "d1b31fa28",
    "title": "",
    "text": "Revenues\n Company serves customers diverse geographies economic industry factors. revenue geography cash factors. table presents revenue geography December 31, 2019 2018 2017\n Net sales\n United States $901. $854. $759.\n Canada 45.\n Consolidated $946. $896. $791."
}
{
    "_id": "d1b340ec6",
    "title": "",
    "text": "Services auditors\n Group obtained services auditors\n 2019 2018\n £m\n Fees audit Company consolidated financial statements. 1.\n Fees other services\n audit subsidiary undertakings.\n. 3."
}
{
    "_id": "d1b2f4418",
    "title": "",
    "text": "\n December 31, 2019 issued shares ASMI 51,297,394 56,297,394 2018. cancellation 5 million treasury shares July 23, 2019.\n 31, 2019 48,866,220 2,431,174 treasury. 49,318,898,496 treasury year-end 2018. cancellation million 951,000 repurchased shares 498,000 share payments.\n 48,583,340 ABN AMRO Bank 282,880 Citibank.\n February 25, 2020 cancellation. 5 million treasury shares. options shares.\n January\n Issued shares 62,297,394 56,297\n Treasury shares 6,157,241,496\n Outstanding 56,140,153 49,318,898\n Changes Cancellation 6,000,000\n buybacks 7,242,734 950,902\n performance programs 421,479 498,224\n31\n 56,297\n Treasury 2,431,174\n 49,318,898,866"
}
{
    "_id": "d1b2fd72a",
    "title": "",
    "text": ". Asset Impairment Charges\n December 2019 NantHealth balance $8. 1 million. recognized non-cash $2. 7 million retirement hosting assets data center migrations.\n-term $1. 7 million. recovered $1. 0 million. goodwill impairment $25. 7 million HHS reporting unit. Note 7.\n non-cash asset impairment charges 2018. $33. 2 million write-off capitalized software.\n $22. 9 million acquisition patient/provider solutions NantHealth 2017 write-downs $2. 2 million technology $20. 7 million unamortized value.\n remaining $2. 1 million disposal assets relocating consolidating acquisitions.\n recorded goodwill impairment $13. 5 million NantHealth. Note 7. recognized non-cash impairment charges $15.5 million 2018 cost equity investments receivable. charges equaled cost.\n non-cash charges $165. 3 million December 31, 2017 impairment $144. 6 million two long-term investments.\n impairment charges NantHealth common stock. $20. 7 million loss acquisition. Note 4 Combinations 14 Loss.\n table summarizes non-cash asset impairment charges statements\n 2017\n Asset impairment charges $ 10,837 $ 58,166\n Goodwill impairment $ 25,700 13,466\n long-term investments $ 651 15,487 165"
}
{
    "_id": "d1b384266",
    "title": "",
    "text": ".\n Operating segments enterprise financial evaluated performance. operating segment. Revenues regions. revenues assets geographic region\n 2019\n North America $319,330 $131,815 $451,567\n Europe 72,320 16,323,696\n Asia Pacific\n Latin America\n $396,753 $148,931 $475 $546,159\n 2018\n North America $299,021 $128,510 $572 $428,103\n Europe 72,958 15,918\n Asia Pacific 2,562\n Latin America\n $374,555 $145,004 $634 $520,193\n 2017\n North America $278,714 $122,683 $797 $402,194\n Europe 66,588 14,867\n Asia Pacific 1,143\n$346,445,175"
}
{
    "_id": "d1b3acbbc",
    "title": "",
    "text": "GasLog. Subsidiaries\n financial statements\n December 2017 2018 2019\n. Dollars\n. Vessel Operating Supervision Costs\n December\n 2019\n Crew wages management costs 72,652 80,713\n Technical maintenance 28,736\n expenses 21,098 19,766\n 122,486 128,084 139,662"
}
{
    "_id": "d1a7334da",
    "title": "",
    "text": "components deferred taxes\n realizability Company considers. valuation allowance reduces assets expected. realization future taxable income loss carry-forwards. positive negative evidence tax assets. evidence prior earnings history reversal differences tax planning strategies future taxable income. weight positive evidence verifiable.\n Company evaluates realizability date. valuation allowance. negative evidence establishes valuation allowance. April 30 2019 2018 full valuation allowance against. deferred tax assets. change reduce valuation allowance less income tax expense. 2019 2018 valuation allowance increased by $1. 3 million $9. 4 million.\n Company has. federal net operating losses $23 million $4 million Fiscal 2023 through 2031 subject to annual limitation Internal Revenue Code Section 382. remaining.operating losses $18. million indefinite carry-forward. capital loss $9. million expires 2023. state loss carry-forwards R&D.\n Deferred tax assets\n Employee benefits $5,092\n Inventory 1,649\n Accounts receivable\n Tax credits\n Other assets\n Capital Loss 2,455\n-forwards 5,556\n deferred tax 16,404\n liabilities\n Property plant equipment\n Other liabilities\n state income tax\n deferred tax 13,950\n"
}
{
    "_id": "d1b3211d4",
    "title": "",
    "text": "Prepaid Expenses Current Assets\n Contract Assets\n expectation consideration products transferred. assets liabilities determined contract level rights interdependent. receivable consideration unconditional time before payment due. difference timing results billed accounts unbilled receivables contract assets deferred revenues advances deposits. account receivables ASC 310 assess impairment. no impairment charges December 31, 2019 2018.\n short-term contract assets Prepaid expenses assets. long-term assets non-current assets Sheets. Note 11.\n Prepaid expenses $37. $43.\n Contract assets.\n current assets.\n Prepaid expenses assets $64. $67."
}
{
    "_id": "d1b3450d4",
    "title": "",
    "text": "accounts receivable outstanding beyond credit terms. customers billed pay before services rendered. outstanding due.\n table details doubtful accounts August 31, 2019\n Canadian dollars\n Less than 60 days 18,645 32,857\n 60 90 days\n More 90 days 3,074\n 22,618 40,802"
}
{
    "_id": "d1b3795dc",
    "title": "",
    "text": "Restricted Stock 2007 Stock Compensation Plan awards. awarded restricted stock grants ten years.\n repurchased 40,933 shares average $13. 51 September 30, 2019. repurchased 41,989 shares average $11. 66 September 30 2018.\n Employee Stock Purchase Plan. common discount payroll deductions. eligibility requirements. tax. 85% fair market value. six-month phases July 1 January 1. phases December 31, 2018 June 30, 2019 purchased 17,312 19,923 shares $8. 43. December 31, 2017 June 30, 2018 purchased 14,242 15,932 shares $10. 41 $9. 39 per share. September 30 2019 withheld $80,708 from employees July 1, 2019. After purchase June 30, 2019 49,846 shares available future purchase.2010 Employee Stock Purchase Plan allows employees common stock payroll deductions. eligibility requirements. voluntary tax. 85% fair market value. six phases July 1 January 1. December 31, 2018 June 30, 2019 purchased 17,312 19,923 shares $8. 43. 14,242 15,932 shares $10. 41 $9. 39 per share. September 30 2019 Company withheld $80,708 employees July 1. June 30 2019 49,846 shares available future purchase ESPP.\n Restricted stock transactions September 30 2019 2018\n Unvested shares September 30, 2017 370,530. 24\n. 17\n Vested. 45\n Forfeited.\n Unvested September 30, 2018 248,613. 65\n. 40\n.\n Forfeited.\nshares September 130,440."
}
{
    "_id": "d1b30687a",
    "title": "",
    "text": "Interest expense financing costs\n Fees discounts debt instruments recorded debt discount carrying values amortized over terms. Amortization expense expense consolidated statement operations.\n 2019 2018 2017: interest expense $86 million $134 million $150 million amortization debt discount deferred financing costs $4 million $6 million $12 million.\n outstanding debt\n 2026 2047 Notes. 2019 carrying values approximated fair values. 2026 2047 Notes $893 million $456 million.\n 2021 2022 Notes approximated fair values. values $800 million $376 million $360 million.\n 2019\n Gross Carrying Amount Unamortized Discount Deferred Financing Costs\n 2021 Notes $650\n 2022 400\n 2026\n2027 Notes\n 2047\n debt $2,700,675\n December 31, 2018\n Carrying Unamortized Discount Deferred Financing Carrying\n 2021 Notes\n 2022\n 2026 842\n 2027\n 2047\n-term debt $2,700 $2,671"
}
{
    "_id": "d1b31f2e4",
    "title": "",
    "text": "Income 2019 2018 2017\n transfer pricing agreements. correlate international revenue.\n 2019 2018 2017\n. entities $(29,829)(74,131 $26,552\n International entities 5,052 40,760 18,135\n $(24,777) $(33,371 $44,687"
}
{
    "_id": "d1b373150",
    "title": "",
    "text": ".\n IFRS 8 ‘Operating requires Group. one operating segment results consolidated Group level. major cost IT platforms. costs borne centrally not attributable specific customer type revenue stream. one reporting segment Group results Consolidated income statement.\n Management determined one operating reporting segment Operational Leadership Team. OLT responsible strategic decision-making.\n uses statutory measures Revenue Operating profit performance segment. reviews revenue disaggregated. revenue external parties measured income statement.\n reconciliation Operating profit Profit before tax.\n IFRS 16 profit before tax year 31 March 2018 restated.\n Total segment Revenue 355. 330.\n Operating profit 243. 221.\n Finance costs (10.\n Profit sale subsidiary 8.\n Profit before tax 242. 210."
}
{
    "_id": "d1b378d4e",
    "title": "",
    "text": ". RELATED PARTY TRANSACTIONS\n Transactions with Golar Partners subsidiaries\n Income\n Management administrative services revenue March 30, 2011, Golar Partners management services agreement with Golar Management Limited wholly-owned subsidiary Golar Golar services. services charged cost plus management fee 5% costs expenses. Golar terminate agreement 120 days notice.\n Ship management fees Golar affiliates charge ship management fees to Golar Partners technical management Golar Partners' vessels. subject to management agreements Golar. terminate agreements 30 days notice.\n Charterhire expenses expenses charter Grand. sale 2012, option charterer 2015, charter October 2017. option. recognized charterhire costs of $17. 4 million year ended December 31, 2017 Golar Grand.\n Charterhire expenses. sale option charterer October.February 2015, option exercised. recognized charterhire costs $17. 4 million December 31, 2017 Golar Grand.\n Share options expense recharge share option Golar Partners directors officers employees.\n Interest expense deposits\n Tundra Letter Agreement May 2016, Golar Tundra Sale received cash $107. 2 million. pay Golar Partners daily fee operating expenses Tundra operations. hire income. accounted $nil $2. 2 million interest expense December 31, 2019 2018 2017.\n Deferred purchase price May 2017 Golar Tundra original. pay $107. 2 million Purchase 5% per annum. net sale price Hilli Disposal July 12, 2018. accounted $nil $2. 9 million $1. 1 million interest expense December 31, 2019 2018 2017.\nDeposit Golar Partners August 15, 2017 Hilli Sale Agreement Units. $70 million deposit Golar interest 5% per annum. applied deposit interest purchase price July 12, 2018 Disposal. accounted $1. 9 million $1. 3 million interest expense December 31, 2019 2018 2017.\n Management administrative services revenue 9,645\n Ship management fees 4,460 5,200\n Interest short-term loan\n Charterhire expenses\n Share options expense recharge\n Interest deposits\n 13,996 10,230"
}
{
    "_id": "d1b349de6",
    "title": "",
    "text": "summary stock option activity 2019\n Net income compensation expense stock option awards. 1 million. unamortized compensation expense. 3 million. 38 months.\n value stock options. 2 million. 3 million September 2019 2018.\n exercised. 1 million. fair value vested $0. 4 million.\n Shares Average Exercise Price\n Outstanding September 2018 33,800 $.\n 5,450.\n.\n September 2019 36,450 $."
}
{
    "_id": "d1b2f5688",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n consolidated financial statements\n December 2017 2018 2019\n amounts. Dollars\n. Receivables\n third parties. current. recognized unconditional financing fair value. Group holds receivables cash flows measures amortized cost interest rate.\n Accrued income revenues charterers not invoiced Other receivables.\n December 31, 2018 2019 credit losses.\n 2019\n Trade receivables 808 9,463\n VAT 1,094\n Accrued income 9,473\n Insurance claims 1,282\n Other receivables 7,587,126\n 20,244"
}
{
    "_id": "d1b37743a",
    "title": "",
    "text": "Marketable Securities\n available-for-sale. current operations. recorded fair value unrealized gains losses.\n highly-rated securities low probabilities default. policy requires A or limits duration. unrealized gains losses 2019 2018 caused by interest rates.\n duration susceptible interest rates bond yields. lower yield show unrealized loss. anticipate full cost market conditions. unrealized losses not-temporary.\n value amortized cost market liquidity interest rate risk financial condition credit rating. December 28, 2019 29, 2018 unrealized losses not material.\n Amortized Cost Gains Losses Fair Value\n. Treasuries $10,458\n Commercial paper 3,914\n Corporate bond 33,867 33,928\n Certificate of deposit 3,584\nsecurities 24,408 24,430\n $76,231\n 29, 2018 Amortized Cost Losses\n. Treasuries $7,997\n Commercial paper 2,296\n Corporate bond 30,833\n Certificate deposit\n securities 8,667\n $50,753 $50,531"
}
{
    "_id": "d1b32eab4",
    "title": "",
    "text": "Net Pool Allocation increased $10. 5 million $7. 3 million 2017 to $17. 8 million 2018. GasLog vessels. recognized revenues voyage expenses commissions $102. 3 million $10. 2 million Cool Pool 2018 $38. 0 million $9. 1 million. higher spot rates utilization.\n Voyage Expenses Commissions increased 32. 5% $5. 0 million $15. 4 million 2017 to $20. 4 million 2018. $3. 6 million bunkers consumed voyage expenses $0. 3 million voyage expenses $1. 1 million brokers’ commissions.\n.\n revenues 38,046 102,253\n voyage expenses commissions (9\n net pool allocation\n total net pool performance 36,178"
}
{
    "_id": "d1b34e4e0",
    "title": "",
    "text": "\n December 31, 2019 2018 debt $2. 7 billion. 18%.\n summary debt\n Gross Carrying Amount Unamortized Discount Deferred Financing Costs Net Carrying Amount\n 2021 $650\n 2022\n 2026\n 2027\n 2047\n Total debt $2,700 $2,675"
}
{
    "_id": "d1b360988",
    "title": "",
    "text": "Deferred unearned services\n Deferred product revenue undelivered. services payments. Financed unearned undelivered services third. Note 18 Commitments Contingencies\n April 26, 2019 27, 2018\n Deferred product revenue $ 84 $ 107\n services 3,502 3,134\n Financed unearned services 82 122\n $ 3,668 $ 3,363\n Short-term 1,825 1,712\n Long-term 1,843 1,651\n $ 3,668"
}
{
    "_id": "d1b32bf12",
    "title": "",
    "text": "\n employees shares. earnings purchase shares. employer. Dividends credited equivalent BCE shares.\n allows 12% earnings maximum contribution 2%.\n contributions dividends subject two-year vesting period.\n trustee buys BCE shares market treasury.\n December 31, 2019 4,360,087 shares authorized.\n unvested contributions 2018.\n average fair value $60 2019 $55 2018.\n SHARES\n Unvested contributions January 1 1,120,426 1,039,030\n 623,705 671,911\n Dividends credited 57,083 56,926\n Vested (523,359\n Forfeited (153,657 (146,352)\n Unvested contributions December 31 1,124,198 1,120,426"
}
{
    "_id": "d1a731a4a",
    "title": "",
    "text": "\n Altium US$177. 2 million sales 23% increase US$171. 8 million product revenue 23%.\n Board Systems revenue US$126. 8 million regions positive. EMEA US$44. 6 million 15% transactional sales. America’s US$50. 9 million 14% growth. China US$19. 8 million 37%. new office Beijing centres Shenzhen Shanghai. expansion penetration.\n Sales US\n Designer licenses 65,157 53,088 23%\n subscriptions 58,959 53\n advertising\n licenses\n maintenance 8 67%\n sales 3\n 62%\n Product Sales 177,216 144,541"
}
{
    "_id": "d1b2fe26a",
    "title": "",
    "text": "Profit\n December 31, 2019\n margin decreased due hosting costs higher amortization software development deferred costs sale OneContent April 2, 2018 higher margin. offset increase organic sales Veradigm acute solutions 2019.\n Year December 31, 2018\n profit increased due acquisitions. recurring revenue streams services improved. non software decreased fewer software license sales. profit non-recurring services decreased higher internal personnel costs. margin decreased lower sales higher margin software licenses higher amortization software assets.\n Year Ended December 31,\n 2019 2018 2017 % Change\n Total cost revenue $ 1,058,097  $ 1,025,419  $ 864,909 3. 2% 18. 6%\n Gross profit $ 713,580  $ 724,543  $ 632,799.14.\n margin 40. 41. 42."
}
{
    "_id": "d1a72a812",
    "title": "",
    "text": "Trade Receivables\n amounts Balance Sheets approximate fair value short-term nature.\n summary allowance doubtful accounts\n unbilled receivables year non-current assets. Billings based contractual terms. Note 11-Current Assets.\n receivables billed $136.\n unbilled 39. 37.\n 176. 173.\n Allowance doubtful accounts.\n receivables $175. $172."
}
{
    "_id": "d1b350e7a",
    "title": "",
    "text": "section sets assets liabilities plan sell.\n 30 June 2019 sale Group properties Petrol business sale.\n Assets carrying amount recovered sale transaction probable. measured lower carrying amount fair value less costs sell except deferred tax employee benefits financial assets exempt.\n impairment loss recognised write-down value costs. gain recognised increases value costs not excess cumulative impairment loss. not recognised sale recognised derecognition. Assets not depreciated amortised sale. Interest expenses liabilities recognised.\n Property plant equipment\n Other assets\n assets sale\n liabilities associated assets held sale"
}
{
    "_id": "d1b335e72",
    "title": "",
    "text": ". REVENUE CONTRACTS\n Revenues construction contracts recognized obligations ASC 606. revenue profit recognized customer control goods services. uninstalled materials equipment excluded profit unless progress.\n table revenue customer contracts December 31, 2019 2018:\n Agricultural Commercial Industrial $28,940 $33,193\n Public Works 12,128 17,986\n Residential 18,762 19,786\n Total 59,830 70,965"
}
{
    "_id": "d1b3177b0",
    "title": "",
    "text": "Net Pool Allocation decreased $22. 1 million from positive $17. 8 million 2018 to negative $4. 3 million 2019. GasLog vessels vessels exiting Pool June July 2019. recognized revenues voyage expenses commissions $45. 3 million $8. 1 million 2019 $102. 3 million $10. 2 million. pool performance\n Voyage Expenses Commissions increased 16. 7% $3. 4 million from $20. 4 million 2018 to $23. 8 million 2019. $3. 4 million expenses unchartered off-hire.\n.\n revenues 102,253\n voyage expenses commissions\n adjustment net pool allocation 17,818\n total net pool performance 109,917"
}
{
    "_id": "d1a73d426",
    "title": "",
    "text": "Customers Markets\n primary customers include device manufacturers Texas Instruments Intel Mobile design companies Broadcom MediaTek Realtek Qualcomm Novatek. not dependent customer operating revenues few customers. top ten customers. 3% operating revenues 2019. geographic breakdown operating revenues 2017 2018 2019 by location.\n December 2017 2018 2019\n Taiwan 32. 36.\n Singapore.\n China Hong Kong 12.\n 3.\n 12. 13.\n Europe 9.\n.\n 100."
}
{
    "_id": "d1b34823e",
    "title": "",
    "text": "Export sales. December 2019 2018 2017 $531. $578. $512. 5. exports shipped Asia Europe (24%) Canada (18%) Middle East (13%) (12%).\n Sales outside. Roper’s revenues. geographic areas. revenues 2019 2018 2017 region Canada only country 4% total revenues\n Application Network Software Measurement Process Technologies\n Canada $ 41. $ 71. 81. 28. 222.\n Europe 188. 36. 307. 113. 646.\n Asia. 185. 108 315.\n Middle East. 37. 103.\n world 25. 45. 55. 135.\n $ 267. 173. 632. 350. 1,423.\n Canada 38. 58. 79. 35. 211.\n 188. 12. 361. 117. 680.\n 3. 11. 220. 115. 349.\n Middle East 4. 48. 14. 34 102\n 29. 7. 42. 55. 134.\n. 138. 718. 357. 1,478.\n 26. 52. 72. 34. 187.\n 176. 11. 310. 98. 596.\n. 7. 205. 109 325.\n Middle East. 58 13. 35. 112\n 23. 42. 48. 120.\n 233. 136. 326. 1,341."
}
{
    "_id": "d1a72e1ec",
    "title": "",
    "text": "Revenue geographic area\n country billing. distributors customers end users. No non. country 10% revenue 2018 2017.\n United States 268,453 265,613 259,974\n Europe Middle East Africa 49,496 45,830\n South America 15,134 20,699 17,738\n Canada 9,815 14,958\n Asia Pacific Rim 12,873\n 6,944\n,800 365,912"
}
{
    "_id": "d1b36001e",
    "title": "",
    "text": "average duration defined benefit obligation 6. years. 3 participants.\n invests pooled superannuation trust products prices quoted daily. allocation membership profile liquidity requirements risk appetite.\n percentage invested asset class\n Equity instruments 53. 58.\n Debt instruments 18.\n Real estate.\n Cash equivalents.\n.\n."
}
{
    "_id": "d1b35ac18",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n financial statements\n December 31, 2017 2018 2019\n amounts. Dollars\n. Derivative Financial Instruments\n value\n December\n assets profit loss\n Interest rate swaps 15\n foreign exchange contracts\n hedging instruments\n Cross currency swaps 3,594\n 15,188 4,001\n current 6,222\n non-current 8,966\n 15"
}
{
    "_id": "d1b33ea2c",
    "title": "",
    "text": ". capital\n par value. allotted employee share schemes.\n Equity instruments proceeds issuance costs.\n 31 March 2019 held 1,584,882,610 (2018 2,139,038,029) treasury shares €264 million €356 million. market value €2,566 million €4,738 million. 45,657,750 53,026,317) shares reissued schemes. 25 August 2017 729,077,001 shares issued bond. 25 February 2019,067,749 issued.\n 5 March 2019 bonds £1. 72 billion 2 year maturity 2021 £1. billion 3 2022. 2,547,204,739 ordinary shares £1. 3505 per share.\n awards option scheme awards.\n allotted issued\n 28,814,803,308\nMarch 28,815,258,178"
}
{
    "_id": "d1b337236",
    "title": "",
    "text": "Consolidated Results\n table fiscal years 2019 2018 consolidated sales\n Revenues 76. 68. 4%\n 24. 38.\n intersegment revenues. (7\n 100.\n Revenues 68. 86.\n profit 31. 13\n Selling Administrative expenses 24. 26.\n Research Development. 17.\n Operating Profit(Loss (5. (31\n Income.\n Income Taxes. 28.\n Loss operations (5.\n Income discontinued operations.\n Loss discontinued operations.\n Loss."
}
{
    "_id": "d1b2fb63c",
    "title": "",
    "text": "unrecognized tax benefits December 31, 2019 increased $387 million $7,146 million.\n additions. federal state non. transfer pricing credits incentives. settlements reductions. state non. audits statute limitations.\n benefits $7,146 million reduced $584 million timing adjustments. tax credits transfer pricing state taxes. net $6,562 million tax rate. net amounts December 31, 2018 2017 $6,041 million $6,064 million.\n Balance January 1 $6,759 $ 7,031 $3,740\n Additions\n Additions\n Reductions lapse statute (922)\n Settlements\n Balance December 31 $7,146 6,759 $7,031"
}
{
    "_id": "d1a711fd8",
    "title": "",
    "text": "CAPITAL EXPENDITURES\n acquiring property plant equipment service. telecommunications business requires investments technologies expansion capacity reach. spectrum licences additions right-of-use assets not cash flow capital intensity. Liquidity Financial Performance-GAAP Measures Performance.\n Capital expenditures cash flows. measure reflects cost property plant equipment.\n Includes additions property spectrum licences additions right-of-use assets. Performance.\n increase capital expenditures network. LTE network. 5G 5G-ready launch 5G 2020. 2019 acquired spectrum licences for $1,731 million not included table. Liquidity Financial.\n decrease capital expenditures lower purchases equipment investments Ignite TV. upgrading network infrastructure fibre deployments fibre-to-home-curb distribution. passed per node technologies bandwidth reliable experience Connected Home roadmap.\nincrease capital expenditures renovations Toronto Blue Jays facilities offset lower broadcast IT infrastructure sale publishing business.\n increase higher IT real estate facilities $25 million sale assets.\n CAPITAL INTENSITY line 2018.\n December 31\n 2018\n Capital expenditures\n Wireless 1,320 1,086\n Cable 1,153 1,429\n Media\n Corporate 232 185\n expenditures 2,807 2,790\n."
}
{
    "_id": "d1b3a3288",
    "title": "",
    "text": ". BALANCE\n expenses assets\n Prepaid taxes $44,096 $37,884\n taxes 11,208 16,930\n expenses 22,689 30,266\n $77,993 $85,080"
}
{
    "_id": "d1b3b15c2",
    "title": "",
    "text": "Operating income\n write-off spare parts.\n Results.\n 2019 2018\n millions\n Acquisition-related charges\n $ 27  $ 14\n amortization value adjustments 3\n Restructuring charges 255 126\n $ 302 $ 148"
}
{
    "_id": "d1b3849b4",
    "title": "",
    "text": "credit risk profile trade receivables\n no impairment losses recognised. no financial assets past due date 31st December 2019.\n Payment terms vary location. due 20 90 days after invoice.\n contracts significant financing component.\n allowance impairment receivables\n Balance 1st January.\n Additional impairment.\n Amounts uncollectable.\n recovered.\n Impairment losses reversed.\n Exchange differences.\n Balance 31st December."
}
{
    "_id": "d1b334aea",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n 3 Accounts Receivable\n components\n December 31,\n $78,269 $79,902\n doubtful accounts (384\n net $78,008 $79,518"
}
{
    "_id": "d1a71f534",
    "title": "",
    "text": "Medical Segment Results\n table fiscal years\n. segment minimal sales launched products.\n Gross Profit. $3. 5 million 2018 $3. 1 million 2017. increased loss vertical manufacturing research product.\n Loss Operations. increased $2. 9 million $11. 4 million 2018 $8. 5 million 2017. professional fees research development marketing expenses. Financial Condition Liquidity Capital Resources\n April 28, 29, 2017 Net Change\n Sales.\n Gross Profit.\n Loss Operations."
}
{
    "_id": "d1b2ed898",
    "title": "",
    "text": "PERFORMANCE MEASURES\n Time Charter Equivalent earnings\n TORM defines revenue after port expenses bunkers commissions. freight derivatives. Company reports TCE earnings information IFRS. standard shipping industry measure period-to-period shipping types. reconciliation Revenue TCE earnings\n Reconciliation revenue\n 692. 635. 657.\n Port expenses bunkers commissions -267.\n TCE earnings 424. 352. 397."
}
{
    "_id": "d1b356974",
    "title": "",
    "text": "Capital financial risk management\n objectives safeguard concern provide returns benefits optimal capital structure reduce cost.\n Directors pursue debt sale leaseback equity return.\n gearing ratio.\n ratio. net debt divided capital. liabilities cash equivalents. capital equity Consolidated Balance Sheet net debt.\n 2019\n borrowings lease 867,177 302,954\n cash equivalents (398,999) (417,982)\n Net debt 468,178 (115,028)\n Total equity 875,303 893,977\n capital 1,343,481 778,949\n Gearing ratio 35. 0%"
}
{
    "_id": "d1b34ba24",
    "title": "",
    "text": "\n corporation tax 31 March 2019 19% estimated assessable loss.\n 2018 Current income tax\n corporation tax.\n previous years.\n Overseas tax 22. 23.\n 13.\n current tax charge 36. 34.\n Deferred tax\n reversal temporary differences.\n changes US tax rate 5.\n (12.\n deferred tax credit (10. (14\n income tax charge 26. 19."
}
{
    "_id": "d1b2feb48",
    "title": "",
    "text": "cash flow\n high conversion\n reduce costs restructuring financial net tax\n working capital efficiency impact cash flow\n capex 2% net sales above 2% 2020 new factory\n maintain restructuring charges 1% net sales\n M&A 1–2% net sales\n margin excluding restructuring charges.\n Restructuring charges income statement.\n Operating margin 4. 4% 5. >12%\n financial net tax -3. 8% -2. 5% -4%\n depreciation amortization.\n depreciation leased assets. +1%\n working capital.\n. -2.\n leasing payment. -1%\n restructuring -3. -1%\n Free cash flow M&A 2.\n M&A. 7%"
}
{
    "_id": "d1a72fbe6",
    "title": "",
    "text": "GasLog Ltd. Subsidiaries\n financial statements\n 2017 2018 2019\n. Dollars\n. Financial Income Costs\n Income\n Interest income 2,650 4,784 5,318\n Costs\n deferred loan 12,398 12,593\n Interest expense loans loss cash flow hedges 85,813\n bonds loss 27,085 30,029\n Lease charge 10,875\n Loss bond repurchases\n costs unrealized foreign exchange losses cash bonds 1,551 1,885 6\n costs 139,181 166,627 190,481"
}
{
    "_id": "d1b2f1d3a",
    "title": "",
    "text": "Quarterly Results Operations\n table quarterly information 2019 2018. reflects Consolidated Financial Statements thousands\n Operating income fluctuates currency restructuring charges product mix product lines lower-cost write-down assets gain/loss sales disposals mix distributors equipment manufacturers electronic service providers.\n Fiscal Year 2019 Quarters Ended\n Dec-31\n Net sales $327,616 $349,233 $350,175 $355,794\n Gross margin 94,821 113,565 123,750 126,406\n Operating income 35,176 61,616 54,057\n Net income $35,220 $37,141 $40,806 $93,420\n income share.\n."
}
{
    "_id": "d1b33ad1e",
    "title": "",
    "text": "CONSOLIDATED FINANCIAL STATEMENTS\n 13 Derivatives\n effect Earnings\n Years Ended December 31,\n Foreign Exchange Contracts\n reclassified earnings\n Net sales $383\n Cost goods sold\n Selling administrative\n amounts earnings 952\n Loss hedge ineffectiveness\n Loss\n derivative gain foreign exchange contracts $952 $484 $38\n Interest Rate Swaps\n Benefit $491 $421 $37\n Total gain $1,443 $905 $75"
}
{
    "_id": "d1a712ec4",
    "title": "",
    "text": ". Clark FY19 EAIP payout.\n. Transition Services Agreement 2019. received 75% target FY19 EAIP Executive Severance Plan greater FY19.\n. Cappellanti-Wolf. Kapuria Taylor earned performance 100%. Compensation Committee considered leadership contributions strategic planning.\n Committee reduce payouts.\n FY19 EAIP Payout Amounts\n Base Salary Annual Incentive Target Company Performance Funding Individual Performance Factor Payout\n Gregory. 1,000,000\n Nicholas. Noviello(2) 650,000 487,500\n Amy. Cappellanti 440,000.\n Samir 450,000. 152\n Scott. 600,000. 213"
}
{
    "_id": "d1b369218",
    "title": "",
    "text": "N Chandrasekaran Chairman abstained receiving commission.\n no payment commission Non-Executive Directors full time Tata company.\n Relinquished Independent Director. July 10, 2018.\n Relinquished Independent Director. September 28, 2018.\n Appointed Additional Independent Director. December 18, 2018.\n Appointed. January 10, 2019.\n remuneration year ratio median percentage increase not comparable not stated.\n Remuneration FY 2019 not comparable 2018 not stated.\n information Section 197 Rule 5\n Rules. ratio remuneration director median percentage increase\n. percentage increase median 3. 70 percent\n. permanent employees 424,285\n. Average percentile increase salaries year comparison\n average annual increase 6 percent India. total increase approximately 7. 2 percent promotions. Employees outside India wage increase 2 percent to 5.increase remuneration market trends.\n Increase managerial remuneration. 66 percent.\n. Affirmation remuneration policy Company\n affirms remuneration.\n. statement names top ten employees particulars Section 197(12) Act Rule 5(2) 5(3) Companies Rules separate annexure. accounts sent Members. 136 annexure open inspection Registered Office Company. Member write Company Secretary.\n Ratio median remuneration % increase financial\n Non-executive directors\n Chandrasekaran\n Aman Mehta.\n Thyagarajan\n Clayton\n Ron Sommer.\n.\n Aarthi\n Pradeep Kumar Khosla.\n Keki\n Don\n Executive directors\n Rajesh Gopinathan.\n Ganapathy Subramaniam.\n Chief Financial Officer\n Ramakrishnan.\n Secretary\n Rajendra Moholkar."
}
{
    "_id": "d1b2f7172",
    "title": "",
    "text": "contributions defined benefit plans pension regulations. expect\n $1,420 international plans 2020\n future payments\n sponsor retirement savings plans annual compensation. contributions discretionary\n determined Board Directors. contributions 2017 2018 2019\n $4,367 $4,421 $4,913.\n sponsor nonqualified deferred compensation program compensation\n retirement. matching contribution. employees select investment alternatives\n separate trust. performance\n. market value trust March 31, 2018 2019 $6,649 $4,693 asset liability\n balance\n Year March International Plans\n 2020 $2,295 $7,055\n 2021 2,333 7,197\n 2022\n 2023 2,371\n 2024\n 2025-2029 11,880"
}
{
    "_id": "d1b349d0a",
    "title": "",
    "text": "table summarizes common stock awards granted vested\n December 31, 2019. 2 million unrecognized compensation costs nonvested stock awards. recognized. 8 years.\n awards granted 34\n value per share $25. $27. $32.\n vested $840 $880 $850"
}
{
    "_id": "d1b37fd6a",
    "title": "",
    "text": "asset-backed securitization programs Company recognized\n proceeds transfers.\n Recorded Consolidated Statements Operations.\n Excludes $650. 3 million trade accounts $488. 1 million cash $13. 9 million net cash.\n covenants. interest debt EBITDA ratio five-year unsecured credit facility. limitations mergers consolidations. August 2019 2018 covenants.\n Fiscal Year Ended August\n Trade accounts sold $4,057 $8,386\n Cash proceeds $4,031 $8,300\n Pre-tax losses sale $26 $15 $9\n Deferred purchase price receivables"
}
{
    "_id": "d1b32b1f2",
    "title": "",
    "text": ". group structure\n Discontinued operations\n 21 December 2018 Infochoice Pty Ltd subsidiary.\n 30 June 2019 discontinued. financial services. results. sale completed 18 February 2019. results\n 2019 2018\n Revenue\n Expenses (1,035)\n Operating income (609)\n Interest revenue\n intangible assets\n Profit before tax discontinued operations (1,207)\n Tax benefit pre-tax loss (1,150\n Post-tax profit (2,357) (16,729)"
}
{
    "_id": "d1b38ed06",
    "title": "",
    "text": "Fiscal 2018 Restructuring Plan\n Covisint Guidance Hightail restructuring activities. workforce reductions facility consolidations. judgments. liability adjustments. quarterly revise assumptions estimates.\n $10. 7 million recorded charges. further charges.\n reconciliation liability June 30 2019 2018.\n Fiscal 2018 Restructuring Plan Workforce reduction Facility costs\n Balance June 30, 2017 $—\n Accruals adjustments 8,511\n Cash payments (8\n Foreign exchange non-cash adjustments\n June 30, 2018 $558 $1,165 $1,723\n Accruals adjustments\n Cash payments (337)\n Foreign exchange non-cash adjustments (51)\n June 30, 2019 $150 $486"
}
{
    "_id": "d1b337970",
    "title": "",
    "text": "Operating Revenues Statistics\n Service revenues Business $27. 9 billion $28. 1 billion 2019. Wireless equipment revenues $3. 5 billion $3. 4 billion.\n Business revenues decreased $91 million. 3% 2019 Global Enterprise Wholesale Small Medium Business Public Sector revenues.\n services large businesses non-U. S public sector customers. revenues decreased $383 million 3. 4% data voice services price pressures. offset wireless service revenue.\n Small Medium Business wireless services voice networking products Fios services IP networking voice solutions security technology. customers.\n Medium Business revenues increased $712 million 6. 6% wireless postpaid service revenue 11. 7%.\n equipment revenue Fios services. offset declines loss voice connections.\n Fios revenues $915 million increased $110 million.2019 2018 connections demand higher broadband speeds.\n Public Sector offers wireless products wireline connectivity solutions. federal state governments educational institutions. services business connectivity Global Enterprise institutions.\n revenues increased $89 million. 2019 networking wireless postpaid revenue.\n Wholesale offers wireline communications services data voice broadband carriers. revenues decreased $509 million. 2019 declines data voice services technology substitution contraction market rates.\n.\n Global Enterprise $ 10,818 $ 11,201.\n Small Medium Business 11,464 10,752.\n Public Sector Other 5,922 5,833.\n Wholesale 3,239 3,748.\n Total Operating $ 31,443 $ 31,534.\n Wireless retail postpaid connections 25,217 23,492.\nInternet connections 326 307 19.\n video 77 74.\n Broadband connections 489 501.\n Voice connections 4,959 5,400 (441).\n Additions\n Wireless postpaid 1,391 1,397.\n phones 698 625 73.\n. 24%. 19%\n phones. 98%"
}
{
    "_id": "d1b31ebd2",
    "title": "",
    "text": "\n Leasing activity\n agreed 205 long-term leases 2019 £26 million annual rent average 1 per cent above previous rent assumptions. rents 1 per cent ahead previous. new lettings like-for-like rental income lower impacts increased vacancy.\n customers space high footfall retail leisure destinations. activity 2019\n brands stores. Morphe opened three stores Victoria Centre Eldon Square AliExpress first store Europe\n first store H Beauty Lakeside\n flagship store Zara St David’s Cardiff. Trafford Centre Lakeside\n brands Puttshack fourth venue Watford. Namco Metrocentre Birds Rock Up Lakeside\n fashion brands Mango Watford\n 256 units opened refitted 262 8 per cent 3,300 units. customers invested £125 million stores long-term commitment.\nRent reviews\n 159 2019 £45 million average uplift 6 per cent.\n Occupancy\n 94. 9 per cent June 2019. 1 reduction 2018. 7 per impacted units closed CVA. 3. 7 per cent impact net rental income void costs.\n unexpired lease term\n 6. 3 years. 2 years. reduction due new lease terms stores CVA administration.\n Footfall\n increased. 3 per cent. outperforming Springboard 2. 5 per. Spain up 3. 5 per cent.\n Retailer sales\n £5. 2 billion down 1. 6 per cent impacted users multichannel. Retail Consortium non-food sales down 3. 1 per cent.\n ratio rents sales units stable 12. per cent. multichannel.\n Net promoter score\nnet promoter score visitor satisfaction high 2019 75 increase 2 2018. paramount drives footfall extended dwell time.\n community investment\n stable £4. 8 billion.\n Carbon emission intensity reduction\n reduced 2019. due focus energy efficiency greening electricity renewable generation.\n 2020 target carbon emission intensity 50 per cent 2010. end 2019 reduction 69 per cent.\n Leasing activity\n new rent £26m £39m\n +1%\n Investment customers £125m\n Rental uplift +6%\n Occupancy. 7%\n 2. 8%.\n Unexpired lease term. 3 years. 2\n. 6%\n Retailer sales. 3%\n Net promoter score 75\n value community investment £4. 8bn.\nemission 17%"
}
{
    "_id": "d1b3ad774",
    "title": "",
    "text": "METRO\n €18,221 million financial assets €9,005 million receivables €8,214 million usufructuary rights METRO MAKRO brands intangible (€883 million. Cash deposits cheques €44 million. financial assets shares companies €8,964 million wholesale real estate service million other (€523 million. financial assets 49. 4%. Receivables €8,214 million. 45. 1%. €6,117 million receivables transfer shares short-term financing requirements.\n 30/9/2018 30/9/2019\n Non-current assets\n Intangible assets\n Tangible\n Financial.\n.\n Current\n Receivables\n Cash deposits cheques\n Deferred income\n"
}
{
    "_id": "d1b3c88b2",
    "title": "",
    "text": "table presents basic diluted shares common stock\n Fiscal years 2017 adjusted ASC 606.\n Net income $206,587 $254,127 $47,157\n Weighted-average shares\n 57,840 52,798 46,552\n employee stock grants\n warrants\n Diluted $59,082 $58,640 $55,389\n income basic share $3. $4.\n income diluted share $3. $4."
}
{
    "_id": "d1b2f6e52",
    "title": "",
    "text": "Operations\n stock compensation\n December 31,\n Sales marketing $2,075 $1,196 $561\n 6,474 4,901\n Research development 12,054 7,332 4,214\n $20,603 $13,429 $7,413"
}
{
    "_id": "d1b2ffb10",
    "title": "",
    "text": "Cogeco Communications subsidiary Cogeco holds 31. 8% Corporation equity shares 82. 3% voting shares.\n Cogeco provides executive administrative financial strategic planning Management Services Agreement. May 1, 2019 Cogeco management fees Cogeco revenue new methodology costs Cogeco mark-up. methodology variations fee. management fees. 75% revenue (0. 85% MetroCast acquisition January 4. Provision future adjustment. 2019 fees Cogeco $19. 9 million $19. million 2018.\n future adjustment. 2019 fees $19. 9 million $19. million 2018.\n table Cogeco stock options PSUs executive officers DSUs Board directors\n Years ended August 31, 2019 2018\n Stock options 1,046 915\n ISUs 61 1\n PSUs 981 990\n631"
}
{
    "_id": "d1b39d63a",
    "title": "",
    "text": "\n Amounts reclassified regional operating model. January 1, 2019 regions North America EMEA South America APAC. North American operations Canada United States Mexico Central America. Note 2 Accounting Policies Standards.\n No non. sales 10% 2019.\n sales external customers. $2,501. 6 million $2,402. 3 million $2,280. million 2019 2018 2017.\n long-lived assets current deferred tax goodwill intangible non-current.\n North $ 2,828. $ 2,734. 2,591.\n EMEA 1,010. 983\n South America 233.\n APAC 718. 654.\n $ 4,791. 4,732. 4,461.\n long-lived\n North America $ 919. 740.\n 345.\n South America 50. 52\n. 211.\n 1,563. 1,275."
}
{
    "_id": "d1b3202c0",
    "title": "",
    "text": "2019 $1,032 million $1,287 $802 2018 2017.\n diluted earnings share $1. 14. 89 2018 2017.\n Ended December 31,\n parent company $1,032 $1,287 $802\n revenues. 8%. 3%."
}
{
    "_id": "d1b39616e",
    "title": "",
    "text": "Unearned Revenue\n subscription SaaS recognized over. allocated between license software reclassified.\n maintenance contracts recognized over time duration. contractual term January 31, 2020 two years. professional services revenue prepaid services recognized performed.\n Total billings revenue January 31, 2020 $8. 1 billion $6. 4 billion obligations. VMware assumed $154 million unearned revenue Carbon Black.\n billings revenue February 1, 2019 $6. 9 billion $5. 5 billion.\n Revenue February 2, 2018 $4. 8 billion.\n January 31, 2020 February 1, 2019\n license revenue $19\n subscription SaaS 1,534\n software maintenance 6,700\n professional services revenue 1,015\n Total $9,268 $7,439"
}
{
    "_id": "d1b38b976",
    "title": "",
    "text": "PERFORMANCE MEASURES\n defines revenue port expenses bunkers commissions charter hire operating expenses. Company reports profit information earnings shipping.\n Reconciliation revenue\n 692. 635.\n expenses bunkers commissions -267. -259.\n Charter hire.\n Operating expenses -173. -180. -188.\n profit 251. 169."
}
{
    "_id": "d1b382c04",
    "title": "",
    "text": ". RESTRICTED CASH SHORT-TERM DEPOSITS\n share repurchase swap collateral bank equity swap. 20% purchase price adjusted Company share price. November 2019 purchased 1. 5 million shares $54. 7 million restricted cash.\n November 2015, $400 million letter credit Hilli initial cash collateral $305. 0 million performance guarantee.\n stepped reduction value cash collateral. 2017 reduced $300 million $174. 6 million no further reduction 2018. 2019 reduced $250. million contractual amendment reduced $125. million collateral $76. 0 million. no further reduction until 2021.\n November 2016, letter of credit re-issued expiry December 31, 2018 extends until tenth anniversary acceptance Hilli bank three months notice.\n lessor VIE entities consolidate.\n cash deposits $1.125 billion debt facility 18. covenant second anniversary EBITDA debt service ratio additional cash deposits.\n Collateral Margin Loan mandatory prepayment triggered closing price Golar Partners units below threshold. requirements release collateral.\n Restricted cash minimum cash balances $50. million equivalents.\n return equity swap 55,573 82,863\n Hilli 75,968 174,597\n lessor VIEs 34,947 176,428\n. 125 billion debt facility 10,975 17,657\n Margin Loan 33,413\n office lease 826\n Bank guarantee\n Total restricted cash deposits 188,289 486,426\n restricted cash deposits (111,545) (332,033)"
}
{
    "_id": "d1b31c670",
    "title": "",
    "text": "NOTE 4 ACCOUNTS PAYABLE ACCRUED EXPENSES\n October 1 2019 Company agreement consultant studies. $988,000\n. 50% paid signing 35% completion in-life study\n 15% issuance report. cancels study cancelation fee.\n 20% 50% animal fees\n. after 50% protocol price fee\n $7,000 per room/week animal husbandry. fees nonrecoverable expenses. December 31, 2019 paid $0 balance $493,905 due.\n December 31, 2019 2018\n Accounting $36,161 $52,365\n Research development 650,584 137,114\n Legal 15,273 32,161\n Other 163,029 10,048\n Total $865,047 $231,688"
}
{
    "_id": "d1b320716",
    "title": "",
    "text": "Financial risk management\n table summarises exposure foreign exchange risk rates\n 10 per cent appreciation positive £50. 0 million (2018 £63. 4 million equity owners. 10 per cent depreciation negative £40. 9 million (2018 £51. 9 million) equity. no material income impact differences recognised income.\n RCF in euros up to €100 million. borrowings hedging instrument against investment Spain risk changes euro/pounds sterling spot rate. 31 December 2019 €100 million drawn in euros.\n Net exposure 468.\n Foreign exchange rate."
}
{
    "_id": "d1b2e87c6",
    "title": "",
    "text": ".\n table components.\n 31\n Finished goods $698 $853\n Raw materials\n Packaging 110\n Inventories $ 958"
}
{
    "_id": "d1b327d22",
    "title": "",
    "text": "May 31, federal loss carryforwards $ 732 million. 690 million expire 2020 2018. $42 million. state loss carryforwards $ 2. 2 billion 2020 2018. foreign net operating loss carryforwards $ 2. 0 billion. $ 1. 9 billion. $ 100 million expire 2020 2019. tax credit carryforwards $ 1. 1 billion. 734 million. $ 387 million expire 2020\n unrecognized tax benefits current non. changes\n May 31, 2019 $4. 2 billion $4. 2 billion $3. 4 billion unrecognized tax benefits tax rate. recognized interest penalties uncertain tax positions $312 million $127 million $125 million 2019 2018 2017. penalties accrued May 2019 $1. 3 billion $992 million.\n.state authorities examining returns Oracle acquired entities 2017. issues deductibility royalty transfer pricing extraterritorial income exemptions domestic production activity foreign tax credits research development credits. May 31, 2019 unrecognized tax benefits decrease $516 million ($357 million. federal income tax returns examined 2010 no longer. state tax returns examined 2007.\n authorities non-U. S. jurisdictions examining returns tax benefits. May 31, 2019 unrecognized tax benefits decrease $186 million ($87 million transfer pricing.\n May\n 2017\n unrecognized tax benefits June 1 $5,592 $4,919 $4,561\n Increases prior years 772 200 128\n Decreases (135) (65) (218)\n Increases current year 540 840 595\nSettlements (153)\n Lapses statutes (202)\n adjustments\n tax benefits May 31 $6,348 $5,592"
}
{
    "_id": "d1b31ce72",
    "title": "",
    "text": "Subscription Revenue Segment\n fees Creative Cloud Digital Experience Document Cloud. revenue agreements.\n reportable segments Digital Media Experience Publishing. revenue 2019 2018 2017\n Percentage less than 1%\n product revenue on software licenses OEM royalty agreements. services support revenue consulting training maintenance support licensing enterprise Digital Experience services. technical developer support desktop products. maintenance support upgrades enhancements support recognized term arrangement.\n Digital Media $7,208. $5,857. $4,480. 23%\n Digital Experience 2,670. 1. 37%\n Publishing.\n Total subscription revenue $9,994. $7,922. $6,133. 26%"
}
{
    "_id": "d1b313bc4",
    "title": "",
    "text": "Income Share\n shares. Diluted dilutive stock equivalents options RSUs repurchase.\n table reconciles shares\n Fiscal Year Ended\n December 28, 2019 29, 2018 30, 2017\n-average shares 74,994 73,482 72,292\n dilutive securities 2,292 1,700 1,947\n-average diluted income 77,286 75,182 74,239"
}
{
    "_id": "d1b3b08f2",
    "title": "",
    "text": "Contract Type fixed-price. cost plus time material.\n fixed-price sales price. cost-plus paid costs plus profit fixed variable funding. time-material paid direct labor hours fixed-price rates wages overhead expenses profit materials cost. net sales by contract type\n Ended September 30\n Fixed Price $ 1,452. $ 1,146. $ 1,036.\n 44. 70.\n Total sales $1,496. $1,202. $1,107."
}
{
    "_id": "d1b38283a",
    "title": "",
    "text": "Obligations\n table summarizes obligations commitments December 27, 2019\n Interest debt instruments Term Loan ABL floating rates. borrowings $238. 1 million Term Loan zero ABL. interest Term Loan 5. 8% expense $13. 9 million. ABL 3. 7% expense $1. 6 million. Note 9.\n excludes cash taxes $14. 7 million contingent earn-out liabilities $5. 3 million lease payments distribution facility 2020.\n letters of credit $16. 6 million $15. 8 million December 27, 28, 2018. assets pledged collateral borrowings.\n Payments Due\n Less Year 1-3 Years 4-5 Years\n Inventory purchase commitments $53,413\n Indebtedness $406,644\nlease obligations $4,597,392\n Pension liabilities,169\n-term leases $197,359 $25,662,130\n $664,182 $83,097,325 $191,347"
}
{
    "_id": "d1a734402",
    "title": "",
    "text": "Operating Expenses\n increased $19. 1 million 2019 $12. 0 million 2018 60%.\n staffing scaling revenue growth.\n salaries wages benefits additional staff 2018 2019. hired commercial officer technology officer five salespeople human resources manager positions. 14 employees RMDY acquisition. 2018 added staff head data analytics sales controller. 10 employees CareSpeak acquisition. increased payroll expense. compensation expense increase 2020 lower.\n Professional fees increased uplisting Nasdaq underwritten offering compliance Sarbanes Oxley. switched auditors 2019 higher audit fees.\n Acquisition costs RMDY Health CareSpeak Communications. investment banker fees legal accounting due diligence audit valuation. RMDY Health higher.\n Board compensation decreased 2018 2019 five independent directors.\n cost consultants increased 2018 2019. quality certifications marketing.\n advertising promotion costs increased 2018 marketing activities. attendance rebranding.\n Expenses research development maintenance technology.\n Integration incentives increased.\n Depreciation amortization increased. CareSpeak. three months amortization. depreciation 2020 increase amortization RMDY intangibles.\n Office facility costs increased 2019. higher activity more employees increased expenses RMDY acquisition.\n Stock based compensation decreased $260,000 $2. 5 million 2018 to $2. 3 million 2019 performance awards.\n Salaries Wages Benefits $8,471,278 $5,823,057\n Professional Fees 850,086 362\n Acquisition Costs 799,623 607,670\n Board Compensation 137,000 144\n Investor Relations 105,639\n 245,386\n Advertising Promotion 709,006 299\n Depreciation Amortization 1,282,786\n,406,660\n Incentives 208,855\n,493,250\n 390,563\n,872,841,505,713\n Compensation 2,260,298 2,520,852\n Expense,133"
}
{
    "_id": "d1a7337aa",
    "title": "",
    "text": "Contractual obligations\n December 31, 2019\n See. Leases Item 8 Annual Report.\n amounts purchase obligations services sales marketing programs\n estimate cash outflow settlement tax positions.\n maximum funding investment agreements. agreements withhold unpaid funds.\n fiscal year 2017 Item 7. Financial Condition Annual Report Form 10-K December 31, 2018.\n Payments due period\n 2021 2022 2023 2024 2025\n Operating lease obligations 19,373 $77,095\n Purchase obligations $24,800 $8,129,367\n Liability uncertain tax positions $5\n Investment commitments 1,754 $1,959\n $45,927 $44,707"
}
{
    "_id": "d1a716452",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n pension plan asset allocation December 31, 2019 2018 target allocation 2020\n liability-driven investment strategy equity fixed-income investments interest rate mismatch return liabilities. Risk tolerance liabilities funded status. portfolio equity fixed-income. private equity returns diversification. risk monitored quarterly reviews annual liability measurements asset/liability studies.\n Target Allocations Percentage Plan Assets December 31,\n Equity securities 13%\n Debt securities 83%\n Other 4%\n 100%"
}
{
    "_id": "d1b2f066a",
    "title": "",
    "text": ". INDEBTEDNESS\n Company interest not due\n. Secured loans deposits `39 crore March 31, 2019 obligations lease.\n. balance April 1, 2018 unsecured loans bank overdraft `181 crore.\n. Deposits lessee vendors contracts.\n Secured loans loans Total Indebtedness\n Indebtedness financial year\n Principal Amount 44  181  3  228\n Interest due not paid\n Interest accrued not due\n 44 181 3 228\n Change Indebtedness financial year\n Addition\n Reduction\n end financial year\n Principal amount 39 43\n Interest due not paid\n Interest accrued not\n"
}
{
    "_id": "d1b322fb6",
    "title": "",
    "text": ". Goodwill Intangible Assets\n tables July 27, 28, 2018 changes\n foreign currency translation immaterial purchase accounting adjustments.\n Balance 28, Acquisitions Divestitures\n Americas $19,998 $1,240 $21,120\n EMEA 7,529,977\n APJC 4,179 274 4,432\n $31,706 $2,000"
}
{
    "_id": "d1b34ee54",
    "title": "",
    "text": "Assets combined schemes increased £177. £5,040. RHM increased £149. £4,333. Premier £28. £707. significant government bonds increased £444. RHM.\n Liabilities increased £121. £4,667. RHM £3,495. £65. Premier Foods £55. higher £1,171. lower discount rate. RPI inflation rate. 15% 25%.\n Pension Trustees commenced triennial valuation schemes 31 March 2019 5 April 2019. output\n net value future deficit payments £300–320m.\n Combined pensions schemes\n Assets\n Equities 179.\n Government bonds 1,490. 1,046.\n Corporate bonds.\n Property.\n Absolute return products 1,141. 1,323.\n.\n Infrastructure funds.\n Swaps. 715.\nPrivate equity 446.\n.\n Assets 5,040. 4,863.\n Liabilities Discount. 45% 70%\n Inflation 3."
}
{
    "_id": "d1b30ef0c",
    "title": "",
    "text": "table intangible assets acquired estimated lives date acquisition.\n developed technology OpsGenie’s incident management alerting. customer relationships. trade name.\n Life\n.\n Developed technology $35,600\n Customer relationships 48,600\n Trade name 3,700\n intangible assets amortization $87,900"
}
{
    "_id": "d1b37a4a0",
    "title": "",
    "text": "Interest Expense\n long-term debt. table gross capitalized\n Years Ended December 31,\n 2019 2018\n millions\n $2,093 2,230 1,559\n Capitalized\n $2,021 2,177 1,481"
}
{
    "_id": "d1b39346e",
    "title": "",
    "text": "Quarterly Financial Data\n results June 30 2019 2018 amounts.\n March\n December\n September 30\n Net revenues $252,359 $250,864 $239,886\n Gross profit $138,946 $141,299 $132,071\n Net (loss income $(17,055 $(6,932) $7,199(9,065)\n income share.\n diluted."
}
{
    "_id": "d1b3360d4",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n 18 Income Taxes\n tax\n Ended December 31,\n. $(391) $1,635\n. 10,666 12,538 7,150\n 10,275 12,141 8,785\n Deferred\n. 17,597\n. 3,287\n Deferred 3,845 17,020\n income taxes $14,120 $11,571 $25,805"
}
{
    "_id": "d1b31a578",
    "title": "",
    "text": "years December 2019 2018 2017 PSU SLO restricted stock.\n May 18, 2017 approved vesting policy 2017 2016 Ilham Kadri. pro-rata share vesting close date sale Diversey. awards subject performance metrics paid original timing.\n 2014 Special PSU awards settled cash $1. 0 million December 31, 2017.\n includes expenses restricted stock awards.\n August 4, 2017 Equity Award Committee vesting condition long-term share-based compensation programs Diversey. pro-rata share vesting close date sale. December 2018 vesting Company Reinvent SEE Restructuring program. cumulative expense higher fair value awards approval.\n amounts include expense U. S. profit sharing contributions common stock not share-based incentive compensation.\n PSU Awards.\n 2018.\n2017 Three-year PSU 3. 9.\n COO Executive Hire Equity Awards.\n 2016 PSU.\n President CEO Award.\n 2015 PSU.\n 2014 PSU.\n.\n-term share-based incentive compensation 26. 24. 32.\n share-based incentive compensation $ 34. 29. 48.\n tax benefits 5. 4. 11."
}
{
    "_id": "d1b366ad6",
    "title": "",
    "text": ". INCOME TAXES\n tax rates jurisdictions. significant provisions Tax Act Note 1 U. S. Tax Cuts Jobs Act 2017. 2019 net benefit $389 million SAB 118 transition tax foreign subsidiary earnings deferred tax assets liabilities. taxes 2019 varied 21% U. rate foreign operations state taxes. research development tax credit settlements stock-based compensation Foreign Derived Intangible Income deduction GILTI reduction transition tax. taxes 2018 varied 21%. rate state taxes. research development tax credit settlements stock-based compensation. domestic production activity deduction. 2018 differed. earnings foreign operations state taxes. research development tax settlements stock-based compensation. domestic production activity deduction.\n geographical breakdown income before taxes\n Ended May 31\n\n Domestic $3,774,366,674\n Foreign 8,494 9,058,006\n $12,268 $12,424,680\n"
}
{
    "_id": "d1b39dd06",
    "title": "",
    "text": "ADVANCED ENERGY INDUSTRIES. FINANCIAL STATEMENTS share\n Deferred tax assets liabilities recognized future tax consequences tax rates. assets liabilities\n $32. 7 million $40. 2 million net deferred tax asset December 31, 2019 2018 $42. 7 million $47. 1 million non-current deferred tax asset $10. million $7. million long-term liability.\n valuation allowance $16. 0 million. deferred tax assets federal capital loss carryforwards. remaining allowance $60. 2 million Austria Germany Hong Kong Switzerland. evidence. valuation allowance balance increase $45. 3 million. due acquired Artesyn positions activity offset foreign exchange movements\n Deferred tax assets\n Stock compensation $1,757 $1,337\nloss tax 86,879 38,622\n Pension obligation 13,473 3\n inventory 3,217\n Deferred revenue 3,305\n bonuses commissions\n lease liabilities 23,451\n Deferred tax 180,939 93,685\n 104,733 62,761\n 41,549 17,723\n Unremitted earnings 4,740\n lease-use 22,774\n liabilities 72,029\n,704 $40,242"
}
{
    "_id": "d1b3694d4",
    "title": "",
    "text": "includes property plant.\n January 1 2019 Company adopted lease accounting right-of-use. Note 11.\n depreciation charge $785 million $727 million $592 million 2019 2018 2017.\n acquisition Norstel property plant equipment $11 million.\n December 31, 2019 Gross Cost Accumulated Depreciation\n 78\n Buildings\n Facilities improvements 3,193\n Machinery equipment 15,336 2,546\n R&D equipment\n lease right-of-use assets 266\n Other tangible assets\n Construction progress\n 20,552 4,007\n 2018 Gross Cost Accumulated Depreciation\n 79\n Buildings\n Facilities improvements 3,170 (2\n Machinery 14,882\n Construction\n 19,739 3"
}
{
    "_id": "d1b38ae90",
    "title": "",
    "text": "FINANCIAL STATEMENTS\n prepaid cost domestic foreign pension plans classified Balance Sheets December 31\n. Non.\n Prepaid pension asset $62,082 $54,100\n Accrued expenses liabilities\n Long-term pension obligations (1,045) (1,214)\n Net prepaid cost $60,937 $53,008"
}
{
    "_id": "d1b36df98",
    "title": "",
    "text": "REPURCHASE COMPANY\n repurchased 75,113 74,880 shares 2019 2018 $7. 5 million $7. 7 million. shares recorded treasury stock cost. September 2019 34,846 shares authorized repurchase open market approved Board Directors. October 2019 renewed repurchase authorization 75,000 shares.\n fourth quarter 2019 repurchased $4. 3 million. summarizes repurchases quarterly period September 30, 2019\n October 2019 Board Directors authorized purchases\n 75,000 shares open market. Management\n pricing timing\n.\n Purchased Average Price Paid per Share Purchased Publicly Announced Plans Programs Maximum Number Purchased Plans Programs\n July 1-31, 2019. 74,706\nAugust 2019 39,769 107. 34,937\n September 30. 51 34,846\n 40,153."
}
{
    "_id": "d1b35be06",
    "title": "",
    "text": "Dividends\n Cal-Maine pays Common quarterly net income equal one-third (1/3) quarterly income. Dividends paid 60th day last quarter except fourth fiscal quarter. 65th day after. Dividends payable 15th day following record date. income dividend until. Dividends payable zero June 1, 2019 $17. 1 million at June 2, 2018. cumulative losses dividend $19. 8 million.\n *Dividends per common share 1/3 Net income (loss) Cal-Maine Foods. common stock.\n Net income (loss)-Maine Foods. $(19,761) $71,767 $54,229 $125,932\n Cumulative losses recovered prior dividend (20,488 (74,653)\n Net income (loss.dividend $(19,761) $51,279\n 1/3 net income Cal-Maine Foods.\n stock 43,894\n Class A stock 4,800\n 48,694\n Dividends common share."
}
{
    "_id": "d1b35115e",
    "title": "",
    "text": ". FINANCIAL EXPENSE\n 2018 Cogeco Peer 1 discontinued operations.\n 2019 expense decreased. 4%\n reimbursement Senior Secured Notes Series reimbursements $65 million US$35 million Canadian Revolving Facility US$328 million third quarter Cogeco 1\n reimbursement US$400 million Senior Unsecured Notes $6. million redemption premium write-off unamortized deferred transaction costs $2. 5 million higher interest First Lien Credit Facilities MetroCast appreciation US dollar.\n August\n Interest long-term debt 176,798.\n foreign exchange gains.\n Amortization deferred transaction costs 1,836.\n Capitalized borrowing costs.\n.\n."
}
{
    "_id": "d1b2edfd2",
    "title": "",
    "text": "Deferred Income Tax Assets Liabilities\n Company’s net deferred tax assets liabilities 2019 2018\n net change valuation allowance $0. 5 million $0. 4 million. realizability. realization future taxable income. future taxable income planning strategies. tax assets realized exception foreign deferred tax assets Mitek Systems B. V.\n net operating loss carryforwards of $29. 5 million federal income tax $2. 1 million generated carried forward indefinitely under Tax Cuts Jobs Act. remaining net loss $27. 4 million in2032. net operating losses for state $29. 4 million in2028. federal research development credit carryforwards $2. 8 million. in2027. California research development credit carryforwards $2. 4 million.\n382 383 Revenue Code 1986 limit tax carryforwards. Section 382/383 analysis. future.\n Deferred tax assets\n Stock-based compensation $2,646 $3,067\n operating loss carryforwards 9,419\n Research credit carryforwards 5,570 3,890\n Intangibles\n deferred assets 17,783 15,879\n liabilities\n Foreign deferred liabilities (5,811)\n deferred tax asset 11,972,666\n Valuation allowance\n $11,041 $7,194"
}
{
    "_id": "d1b36136a",
    "title": "",
    "text": "Selling administrative\n salaries personnel professional fees insurance business development selling expenses.\n table shows 2019 2018 2017:\n 2019 increased higher employee compensation lower accretion collection recycling liability higher professional fees.\n Year Ended\n 2019 2018 2017\n Selling administrative $205,471 $176,857 $202,699 $28,614 16% $(25,842)\n net sales. 7%. 9%."
}
{
    "_id": "d1b2e69e4",
    "title": "",
    "text": ". Computation Basic/Diluted Earnings Common Share\n table diluted earnings share millions\n vesting employee-related restricted stock units options performance measures. shares included dilutive shares measures met reporting period. potential shares not included diluted earnings anti-dilutive.\n Years Ended December 31,\n Consolidated net income $1,503 $1,848\n basic earnings 767\n dilutive stock options awards treasury method\n diluted earnings\n Basic earnings common share $1. $2.\n Diluted earnings $1. 95 $2."
}
{
    "_id": "d1b3b852a",
    "title": "",
    "text": "Teekay LNG\n compares results equity income calendar-ship-days 2019\n Includes indirect gas carriers conventional tankers. results 18 Financial Statements 3.-ship-days consolidated vessels.\n Income increased $299. 3 million 2019 $148. 6 million 2018\n increase $53. 1 million write-downs three multi-gas Teide European African Toledo Alexander write-down increase $48. 6 million deliveries Sean Spirit Bahrain Spirit Yamal Spirit\n increase $33. 2 million higher charter rates Torben Spirit multi-gas carriers $12. 3 million deliveries Magdala Myrina Megara $8. 9 million reclassification Awilco vessels leases\n increase $6. million reduction legal fees.2018 fees tax dispute LNG carriers Teekay LNG claims. Skaugen damages losses seven carriers\n $3. 2 million Polar Spirit off-hire 35 days\n $9. 1 million Madrid Spirit Galicia Spirit off-hire 82 38 2019 depreciation Catalunya Spirit off-hire 28 days\n decrease $3. 5 million operating expenses declining revenue Tangguh Sago Tangguh Hiri.\n Equity income Teekay gas carriers $58. 8 million 2019 $53. 5 million 2018. increase $23. 3 million Pan Americas Europe Africa Rudolf Samoylovich Nikolay Yevgenov Vladimir Voronin Georgiy Ushakov Yakov Gakkel\n $8.8 million dry-dock revenue Meridian Spirit higher rates Arwa Spirit Marib Spirit higher fleet utilization lower interest expense refinancing Teekay LNG 52%\n increase $7. 9 million higher charter rates Teekay LNG 50% Exmar LPG\n decrease $17. 7 million changes derivative instruments unrealized losses 2019 decrease $10. 8 million Bahrain Spirit storage unit LNG 2018 income decrease $5. 7 million Teekay LNG 50% venture Exmar.\n Year Ended December 31,\n.\n Revenues 601,256\n Voyage expenses (21,387\n Vessel operating expenses\n Time-charter hire\n Depreciation amortization\n General administrative expenses\n Write-down sale vessels\n,315)\n vessel 299,253 148,599\n Gas Carriers 300,520 169,918\n Conventional Tankers (21\n,253\n 58,819 53,546\n-Ship-Days\n 11,650\n Conventional Tankers"
}
{
    "_id": "d1b3c63c8",
    "title": "",
    "text": "8. Financial Statement\n Accounts Receivable\n March 31,\n 2019 2018\n accounts $875. $557.\n 6.\n accounts 882.\n doubtful accounts 2.\n $880. $563."
}
{
    "_id": "d1b2ea634",
    "title": "",
    "text": "value option ESPP shares estimated Black-Scholes pricing model\n assumptions\n Company issued 266 231 183 2019 2018 2017\n price share $86. $77. $73. $3,531 unamortized compensation cost\n employee purchases ESPP. 37 years.\n Expected life.\n Volatility 36% - 37% 33% - 40% 29% - 37%\n Risk-free interest rate. 58. 43%.\n Dividend yield"
}
{
    "_id": "d1b323740",
    "title": "",
    "text": "engaged with Dell transactions resulted in costs\n purchase lease products services from Dell.\n Dell collaborate technology projects pay Dell for services.\n regions contract with Dell subsidiaries for support services personnel. costs incurred Dell charged with mark-up. costs included statements salaries benefits travel occupancy expenses. Dell incurs administrative costs.\n Dell files indirect tax return value added taxes indirect taxes. remit taxes to Dell remits tax payment foreign governments.\n invoice end users Dell for services. Cash collected remitted to Dell.\n enter agency arrangements Dell sell subscriptions services contracts.\n payments\n includes indirect taxes.\n purchase Dell products through channel partners. not significant.\n Year Ended\n January 31, 2020 February 1, 2019 February 2, 2018\n$242 $200\n Dell subsidiary costs 119 145 212"
}
{
    "_id": "d1b344ce2",
    "title": "",
    "text": "Base Salary. NEO determined responsibilities experience skills performance future contribution Peer Group competitive market factors. Committee reviews salary annually performance promotion change position. Merit-based increases recommended by CEO based assessment.\n Compensation Committee reviews compensation levels fiscal year adjusts market data executive achievement. reviewed base salaries executive officers 2019 increased salaries CEO CFO contributions 2018 AvComm and Wireless acquisition. Staley’s salary increased contributions 2019 integration AvComm Wireless sales. Committee increase salaries other NEOs existing base salaries appropriate.\n Actual base salaries 2019 “Salary” column Fiscal 2019 Summary Compensation Table page 44.\n Fiscal Year 2018 2019\n Named Executive Officer Base Salary Percentage Increase\n Oleg Khaykin $750,000  $800,000.\n Maletira $425,000.\n McNab $435,000\n Scrivanich\n Staley $360,000."
}
{
    "_id": "d1b2fa4da",
    "title": "",
    "text": "Income/Expense\n table 2019 2018:\n decrease income $0. 3 mil.\n 2019 2018 Increase\n thousands\n Interest expense $(99) $(85) $(14)\n Interest income 323 303\n Foreign exchange gain 157 263 (106)\n Other income net 3  297 (294)\n $384 $495 $(111)"
}
{
    "_id": "d1b329a00",
    "title": "",
    "text": "SELLING GENERAL ADMINISTRATIVE EXPENSES\n Payroll overhead increased $1. 2 million 3. 1% salary increases. percentage net sales payroll 2. 8% 2. 5% 2019 2018. delivery expense 3. 9% 3. 5%. Other expenses decreased $5. 2 million 16. 7% reduced legal expense settlement antitrust claims. special shareholders meeting July 2018. Insurance expense flat liability premiums. Selling expenses $174. 8 million $4. 5 million 2. 5%. increased 11. 2018 to 12. 8% 2019. $174. 8 million $4. 5 million 2. 5%. increased 11. 9% to 12. 8%.\n Payroll overhead increased $1. 2 million 3. 1% annual salary increases. percentage net sales 2. 8% 2. 5%. delivery expense 3. 9%.5% 2019 2018. expenses decreased $5. 2 million. 7% reduced legal expense antitrust claims. 2018 special shareholders meeting July 2018. Insurance expense flat liability premiums. Payroll overhead increased $1. 2 million 3. 1% salary increases. sales payroll overhead 2. 8% 2. 5%. delivery expense 3. 3. 5%. Other expenses decreased $5. 2 million 16. 7% reduced legal expense settlement antitrust. special shareholders meeting 2018. Insurance expense flat liability. Payroll overhead increased $1. 2 million 3. 1% annual salary increases. sales payroll overhead 2. 8% 2. 5% 2019. delivery expense 3. 9% 3. 5%. expenses decreased $5. 2 million 16. 7% reduced legal expense settlement antitrust. special shareholders meeting.Insurance expense flat liability claims offset increases premiums 2019.\n SG&A expense $42. 3 million thirteen weeks June 1 2019 decrease $7. 4 million. 8%\n $49. million 2018. decrease specialty egg expense\n advertising promotions\n franchise expense. Payroll overhead decreased $526,000. 2%\n bonus accruals. Stock compensation expense\n dependent closing prices\n grant dates. average grant date value June 1 2019\n $43. 20. 1% increase $42. 30 June 2 2018. Other expenses decreased 27. 6% from $8. million\n to $6. 1 million\n insurance claims legal expenses.\n Specialty egg $53,263 $54,300.\n Delivery expense.\n Payroll overhead 38,343 37.\n3,619 3,467.\n expenses 25,975 31,181,206.\n $174,795 $179,316."
}
{
    "_id": "d1b314eca",
    "title": "",
    "text": "table EBITDA Adjusted EBITDA net loss.\n store marketing allowance $1,000 non-capitalized freight costs Freshpet Fridge replacements. marketing spend.\n operating costs manufacturing Freshpet Kitchens expansion 2016 lines.\n value common stock warrants. converted common stock September 2017.\n fees secondary public offerings\n Chief Executive Officer’s separation agreement leadership transition costs.\n securities lawsuits\n December\n Net loss $(1,383) $(5,361 $(4,262)\n Depreciation amortization 15,921 14,068 12,692,887\n Interest expense 991\n Income tax expense\n EBITDA $15,673 $9,080 $9,414\n Loss disposal equipment 787 142 104 190\ncompensation 7,834 6,808 4,438\n Launch 4,563 3,540 2,813 2,626\n start-up expenses 1,628\n Warrant valuation 335\n Secondary offering 302 362\n Leadership transition 1,291\n Litigation expense\n Adjusted EBITDA $29,159 $20,280 $17,565 $17,654 $11,110\n Net Sales."
}
{
    "_id": "d1b36a0c8",
    "title": "",
    "text": "Global Financing Financial\n Includes deferred costs eliminated\n results.\n intercompany mark-up products eliminated.\n eliminated Balance Sheet.\n leveraged Global Financing debt.\n December 31, 2019 assets IT-related 62 percent portfolio investment-grade clients no direct exposure increase 7 points. based credit ratings.\n mitigation actions credit risk insurance financial guarantees nonrecourse borrowings transfers receivables\n equipment. investment-grade content 67 percent decrease 3 points year.\n December 31\n Cash equivalents $ 1,697 $ 1,833\n investment sales financing leases 6,224\n Equipment\n loans 12,884\n financing assets 19,346 20,170\n Commercial financing receivables\n assets $29,568 $41,320\n Debt 24,727 31,227\nequity 2,749"
}
{
    "_id": "d1b3c40aa",
    "title": "",
    "text": "table cash flows\n flows influenced growth billing collection terms investments infrastructure. cash flows vary.\n $115. 5 million 2019 $90. 3 million 2018. increase improved profitability collections working capital changes.\n December\n 2018 2017\n Net cash $115,549 $90,253 $67,510\n investing (97,727) (20,876) (36,666)\n financing 14,775 (278,016) 276,852"
}
{
    "_id": "d1b321b70",
    "title": "",
    "text": "\n Corporation offers employees Incentive Share Unit Plan.\n receive ISUs voting shares after three years.\n based on dollar value average closing stock price previous twelve August 31. trust created shares price fluctuation. shares purchased held until vested.\n trust consolidated financial statements acquired shares.\n ISUs granted outstanding at August 31\n compensation expense $2,046,000 ($2,461,000 2018) year August 31, 2019.\n 2019\n Outstanding 105,475 101,538\n Granted 37,600 47,900\n Distributed (44,470) (35,892)\n Cancelled (26,780 (8,071)\n end 71,825 105,475"
}
{
    "_id": "d1b366ce8",
    "title": "",
    "text": ". Employee Benefit\n Company plans French German employees. acquired Atmel Microsemi unfunded. benefits local requirements. Benefits based service compensation. Pension liabilities charges assumptions updated discount rates salary increases turnover mortality rates. French pension plan termination benefits retirement one to five months salary. German plan defined benefit payouts employees retirement.\n net pension expense\n Interest costs amortization actuarial losses recorded.\n Service costs.\n Interest costs.\n Amortization actuarial loss.\n.\n Net pension period cost."
}
{
    "_id": "d1b382cea",
    "title": "",
    "text": "\n increased 16% $670. 7 million 2018 $578. 6 million 2017 higher North America U. K. lower Australia. higher U. S. due New York New Fare Payment System contract 2017. Increased development service contracts London increased sales. impacted U. K. Australia exchange rates. sales $12. 4 million strengthening British Pound.\n Amortization Purchased Intangibles $5. 2 million 2018 $5. 7 million 2017.\n Income increased 52% 2018 $60. 4 million $39. 8 million 2017. higher development services North America U. K. efficiencies R&D spending. $6. 4 million development expenses contract New York Metropolitan Transit Authority cost sales. system cost software. operating income $4. 2 million. average exchange rates. operating income $2. 2 million 2018 2017.\n Adjusted EBITDA increased 50% $73. million 2018 $48. million 2017 due operating income. driven factors excluding depreciation amortization.\n 2018 2017\n Sales $. $. 16 %\n Operating income 60. 39. 52\n Adjusted EBITDA 73. 48."
}
{
    "_id": "d1a71cca8",
    "title": "",
    "text": "\n assumptions post benefit obligations net cost DB pension OPEB. long-term.\n Cost living indexation rate DB pension plans\n average duration post-employment benefit obligation 14 years.\n trend rates healthcare costs increase medication. 5% 2019. 20 years dental benefits 4% hospital benefits. 7% other healthcare benefits 4%\n healthcare plans.\n PENSION OPEB PLANS\n Post-employment benefit obligations\n Discount rate.\n compensation increase.\n Cost living indexation rate.\n Life expectancy 65."
}
{
    "_id": "d1b38d3fc",
    "title": "",
    "text": "Property equipment\n Depreciation. million. 6 million 2019 2018.\n Amortization software website $157,000 $247,000.\n Computer hardware software $3,427 $3,353\n Office furniture 8,148\n software 4,390\n Leasehold improvements 6,247\n depreciation amortization,230\n $2,982 $3,790"
}
{
    "_id": "d1b2e6d90",
    "title": "",
    "text": "Company recognizes compensation costs four years. Forfeitures accounted.\n stock-based compensation cost less $0. 8 million 2019 2018 2017.\n $7. 8 million unrecognized stock options 2. years $41. 3 million unvested RSUs. years. modifications cancellations accelerate increase cancel unearned compensation expense.\n table compensation expense stock options RSUs ESPP consolidated statements operations\n December\n revenue $2,843 $2,435 $1\n Research development\n Sales marketing 9,069\n General administrative 10\n Total $29,137 $26,461 $18,969"
}
{
    "_id": "d1b36e844",
    "title": "",
    "text": ". Non-current assets deferred tax assets\n recognised deductible differences future taxable amounts. Calculation assumptions management judgments.\n deferred tax asset recorded potential benefit probable. Group recognised deferred tax asset $79. 3m assets transferred USA. probable future taxable income USA temporary differences.\n Deferred tax asset temporary differences\n Amounts profit loss\n Tax losses 2,068\n Property plant equipment\n Employee benefits\n entitlements\n Intellectual property\n Revenue advance\n Provisions\n Foreign currency translation\n Tax credits\n Deferred rent\n Amounts equity\n Transaction costs share issue\n Deferred tax asset\n recovered within 12 months\n after 12 months,285\nbalance 82,120\n profit loss 2,440\n Additions 314\n Translation differences\n Closing 84,873"
}
{
    "_id": "d1b2ebf84",
    "title": "",
    "text": ". business accounting policies\n restricted stock EPS diluted EPS treasury stock method.\n diluted shares\n 2018 2017\n 45,542,315 45,280,161 44,855,263\n stock options 32,222 33,134\n restricted stock 505,858,659 297,406\n 46,080,395 45,780,954 45,184,203"
}
{
    "_id": "d1b341f9c",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION SUBSIDIARIES FINANCIAL STATEMENTS amounts millions\n. QUARTERLY FINANCIAL DATA\n December 31, 2019 2018\n Operating expenses Depreciation amortization accretion Selling administrative development.\n Months\n Operating revenues $1,741. $1,780. $1,785. $2,131. $7,440.\n Costs operations 519. 560. 556. 2,177.\n Operating income 402. 546. 388. 1,905.\n 280. 314. 377. 292. 1,264.\n American Tower Corporation 285. 306. 277. 1,236.\n Dividends.\n income American Tower Corporation 275. 306. 277. 1,227.\n income share Corporation.\nincome American Tower Corporation. 63. 69. 83. 62"
}
{
    "_id": "d1b3c4302",
    "title": "",
    "text": ". Transactions Affiliate\n transactions Kyocera agreements sales terms\n pricing. table.\n Kyocera notified 2016 market\n products sales force\n. 2017 2018 2019 sales Kyocera $318,928 $296,316 $18,951\n profit $17,076 $18,177 $3,300\n Fiscal Ended March\n 2019\n Sales\n Product equipment sales affliates $30,303 $26,069 $10,436\n resale inventories materials supplies services 303,793 256,660 9,399\n Dividends 52,983 54,810"
}
{
    "_id": "d1b3ace32",
    "title": "",
    "text": "unused-term lines$77,658$64,169 million December 2018 2019.\n Unsecured bank loans $7,780,552\n loans 5,323,256 3,935,006\n $13,103,808 $12,015,206"
}
{
    "_id": "d1a71be0c",
    "title": "",
    "text": "\n Weighted-average benefit cost projected obligation fiscal years 2019 2018 2017\n expected return plan assets based historical return experience future long-term performance investment mix.\n discount rate cash flows future benefits present value. market rate high-quality fixed income investments cash outflow retirement benefits. assumptions include demographic factors retirement mortality turnover.\n Net periodic benefit cost\n Expected long-term return 3. 6%. 8%.\n compensation.\n.\n Projected benefit obligation\n long-term return. 6%.\n compensation.\n."
}
{
    "_id": "d1b33d9ba",
    "title": "",
    "text": "LIQUIDITY CAPITAL RESOURCES\n primary cash sale software services. operating costs employee compensation. stock repurchase growth initiatives.\n January 31, 2019 liquidity cash equivalents securities $953. 6 million net accounts receivable $474. 3 million\n December 17, 2018 Credit Agreement unsecured revolving loan $650. million option $350. 0 million. $400. million Amended Credit Agreement. maturity December 2023. January 31, 2019 no outstanding borrowings. March 25, 2019. Part II 8 Arrangements Financial Statements. credit facility.\n December 17, 2018 Term Loan Agreement delayed draw loan $500. 0 million. December 19, 2018 borrowed $500. 0 million loan acquisition PlanGrid.Part II Item 8 8 Arrangements Financial Statements Term Loan Agreement Part II Item 8 Note 6 PlanGrid acquisition.\n January 31, 2019 $1. 6 billion Notes outstanding. Part II Item 8 Note 8 Arrangements.\n cash equivalents institutions. Citigroup. Citibank. affiliate Citigroup $650. 0 million line credit.\n Long-term cash requirements repayment debt common stock repurchases acquisition businesses capital expenditures\n cash equivalents securities locations amounts outside United States. January 31, 2019 52% cash equivalents securities foreign jurisdictions. foreign cash exchange restrictions regulatory restrictions tax costs. Tax Act tax eliminates U. taxes distributions. earnings foreign jurisdictions. little. taxes. review capital structure financing alternatives strategies liquidity.expect liquidity needs cash balances flows borrowings.\n risks. balances cash flows credit facility working capital resource expenditure requirements 12 months.\n revenue earnings cash flows receivables payables foreign currency currency contracts risk management. Part II 7A Market.\n Net cash $377. 1 million 2019 $371. 8 million non-cash expenses loss $80. 8 million $86. 1 million assets liabilities.\n deferred revenue $1,955. million to $2,091. 4 million. decreases accounts payable accrued liabilities.\n Net cash investing $710. 4 million due purchases securities. outflows offset sales maturities securities.\n short-term investment portfolio value $67. 6 million cost basis $62. 8 million. $60.3 million trading securities mutual funds Deferred Compensation Plan Note 7 Financial Statements $7. 3 million shortterm securities.\n Net cash financing $151. 9 million 2019 due debt discount stock. offset repurchases common stock taxes equity.\n Fiscal year January 31,\n operating activities $377. $169.\n investing (710. 506. 272.\n financing 151. (656. (578."
}
{
    "_id": "d1b38268c",
    "title": "",
    "text": "AMERICAN TOWER CORPORATION\n STATEMENTS\n amounts millions\n December 31, 2019 federal state loss carryforwards income. NOLs expire\n December\n 2020 2024 $222. $11.\n 2025 2029 141.\n 2030 2034.\n 2035 2039. 159.\n 22. 853.\n $175. $708. $990."
}
{
    "_id": "d1b3a9692",
    "title": "",
    "text": "\n 2019 retail property structural changes low consumer confidence CVAs administrations. impacted revenue rental income property valuations rental income down. 1 property revaluation deficit £1,979. 7 million.\n Fixing balance sheet priority uncertainty options alternative capital structures disposals.\n reconciliation IFRS earnings page 161.\n net income profit non-controlling.\n losses disposal subsidiaries gains sale write-down goodwill investment loan administration expenses tax.\n IFRS loss intu properties increased £818. 7 million £1,950. 9 million IFRS loss per share 60. 8 pence. earnings decreased £65. 9 million £127. 2 million reduction EPS 4. 9 pence. key drivers.\n Net rental income.\n Administration expenses.. 3. 5\n finance costs (224. (220. (4\n Tax profit (17. (16.\n 8. 7.\n 127. 193. (65.\n Revaluation investment development property (1,979. (1,405. (574.\n (75. 86. (161.\n finance (37. (28. (9.\n non-underlying 14. 21. (7.\n IFRS loss\n properties (1,950.,132. (818.\n loss share (145. (60.\n EPS 9. 14."
}
{
    "_id": "d1b34ab06",
    "title": "",
    "text": ". Reconciliation Financial Statements\n negative swing 2018 gain € 900 million transfer Trust. € 655 million sale OSRAM Licht shares. outweighed 2019 asset retirement obligation. Severance charges € 99 million 159 million 2018).\n Real Estate Services\n Corporate items\n pension expense\n Amortization intangible assets (1,133\n Eliminations Corporate Treasury reconciling items\n Reconciliation Statements (2,028),135"
}
{
    "_id": "d1b3bddc2",
    "title": "",
    "text": "non-current assets\n December 31, 2019\n Right use $33,014\n Deferred costs 3,297\n Deposits 2,338\n,197\n 41,846 $8,620"
}
{
    "_id": "d1b3945e4",
    "title": "",
    "text": "components provision income taxes\n Company incurred losses recorded full valuation allowance against US UK New Zealand Hong Kong Brazil deferred tax assets provision state. foreign subsidiaries branches provide services compensated cost-plus incurred liabilities foreign taxes.\n Ended December 31,\n 2019 2018 2017\n Current income tax provision\n Federal\n State 225\n Foreign 2,467 2,514 1,580\n 2,692 2,718 1,694\n Deferred income tax benefit\n State\n $2,690 $2,595 $1,746"
}
{
    "_id": "d1b390d90",
    "title": "",
    "text": "Income Equity Investees\n Marine Services Income 2019 decreased $14. 1 million to $5. 6 million from $19. 7 million 2018. decrease driven HMN lower revenues projects.\n equity investment HMN contributed $5. million $12. 7 million income. losses SBSS legal disputes lower vessel utilization.\n Life Sciences Loss equity investees 2019 decreased $0. 6 million to $3. 4 million from $4. million 2018. due lower equity losses investment MediBeacon timing clinical trials revenue licensing agreement.\n Construction.\n.\n Life.\n.\n Income equity investees."
}
{
    "_id": "d1b3ad616",
    "title": "",
    "text": "service RSUs calculated discounted dividends.\n market PRSUs 2019 2018 2017 calculated Monte Carlo simulation model. subjective assumptions stock price volatility estimated life\n June 30, 2019 $271. million unrecognized compensation expense unvested RSUs. years.\n volatility 32. 65% 34. 07% 27. 48%\n Risk-free interest rate 2. 52%. 35%.\n term.\n Dividend yield. 49%."
}
{
    "_id": "d1b329b9a",
    "title": "",
    "text": "\n segments components enterprise revenues expenses separate financial information results reviewed chief.\n Company revenue electronics design production product management services. performance allocates resources. segments EMS DMS reportable. organized economic profiles manufacturing capabilities market strategy margins return capital risk profiles.\n EMS IT design engineering electronics large manufacturing infrastructure markets. high volume. larger quantities customers automotive transportation capital equipment cloud computing storage defense aerospace industrial energy networking telecommunications print retail smart home appliances.\n DMS engineering solutions material sciences technologies healthcare. customers devices accessories healthcare mobility packaging industries.\n Net revenue attributed. performance evaluated pre-tax operating contribution income. net revenue cost selling expenses research development.income amortization stock compensation restructuring acquisition loss disposal settlement impairment goodwill business interruption discontinued operations sale interest tax noncontrolling interests.\n segment assets accounts receivable inventories customer property plant equipment intangible assets amortization goodwill. non assets reviewed. Transactions segments recorded third parties.\n tables segment information\n Fiscal Year Ended August\n Net revenue\n $15,430,529 $12,268,600 $11,077,622\n $25,282,320 $22,095,416 $19,063,121"
}
{
    "_id": "d1b348b12",
    "title": "",
    "text": "Discontinued Operations\n December 2015, engineering manufacturing sales solar inverter line. reflected (loss) discontinued operations net Consolidated Statements Operations.\n extended inverter warranties deferred revenue Balance Sheets. costs reflected Sales Cost. Extended warranties no longer offered.\n ADVANCED ENERGY INDUSTRIES. CONSOLIDATED FINANCIAL STATEMENTS\n items (loss) discontinued operations taxes\n Years Ended December 31,\n Sales\n Cost sales (901)\n operating expense 1,022\n income (loss) operations (121)\n Other income 10,895\n before income taxes 10,774\n Provision) income taxes 2,294\n net taxes $8,480"
}
{
    "_id": "d1b34b812",
    "title": "",
    "text": ". Segment Information\n Company reports financial performance ACI On Premise ACI On Demand analyzes Segment Adjusted EBITDA profitability.\n interim Chief Executive Officer chief operating decision. senior management consolidated financial information allocation resources results revenues Segment Adjusted EBITDA.\n ACI On Premise serves customers site cloud. software solutions larger system. require control flexibility resources expertise.\n ACI On Demand serves banks merchants billers. solutions maintained delivered cloud singletenant multi-tenant.\n Revenue attributed segments product sold mechanism delivery. Expenses attributed direct costs labor costs allocated. Allocated costs marketing sales information technology facilities. allocates depreciation costs.\n Segment Adjusted EBITDA CODM resources performance ASC 280 Segment Reporting.Adjusted EBITDA before interest depreciation amortization stock-based compensation income.\n Corporate unallocated expenses. human resources finance legal accounting merger. December 2017 $46. 7 million legal judgment.\n financial data segments\n Assets not allocated CODM.\n Revenues\n Premise $579,334 $576,755 $598,590\n On Demand 678,960\n revenue $1,258,294 $1,009,780 $1,024,191\n Adjusted EBITDA\n On Premise 321,305 323,902 347,094\n On Demand 66,501\n Depreciation amortization (122,569 (97,350\n Stock-based compensation (36,763,360\n Corporate unallocated expenses (104,718 (92,296 (144,715\nInterest (52,066 (30,388,449\n (3,724\n taxes 72,210 91,799 43,572\n Premise 11,992 13,094\n Demand 34,395\n Corporate 76,182 54,175\n 122,569 97,350 102,224\n Premise 7,651 4,348\n Demand 7,995\n Corporate 21,117 11,674\n $36,763 $20,360,683"
}
{
    "_id": "d1b3af8f8",
    "title": "",
    "text": "\n sales increased 23% $207. million 2018 $168. 9 million 2017. orders satellite communications networking. Businesses acquired 2018 sales $5. 6 million $1. 5 million.\n Amortization Purchased Intangibles $20. 8 million 2018 $23. 6 million 2017. million.\n loss $0. 1 million 2018 $9. 3 million 2017. profits C2ISR. amortization intangibles decreased $20. 8 million 2018 $23. million 2017. increased R&D expenditures $10. 8 million new antenna technologies. Businesses acquired losses $4. 7 million $2. 9 million 2017. transaction costs $1. 6 million $1. 8 million.\n increased 82% $26. 2 million 2018 $14. 4 million 2017.\n due amortization expense costs\n.\n\n millions\n $ 207. 168. 23 %\n Operating loss.\n Adjusted EBITDA 26. 14."
}
{
    "_id": "d1b2f6ccc",
    "title": "",
    "text": "reconciliation unrecognized tax benefits\n liability December 31, 2019 2018 2017 includes $9. 6 million $0. 4 million $0. 2 million annual tax rate. liabilities interest penalties included accounts payable accrued expenses consolidated balance sheet. Interest not material years.\n 2019 recognized increase unrecognized tax benefits $7. 7 million research development tax credits 2016-2018 $1. 8 million 2019.\n subject taxes. state foreign jurisdictions. Tax statutes regulations interpretation judgment. no subject. federal. income tax examinations before 2015. state tax before 2014. unrecognized tax benefits decrease $1. 9 million amended research development credits.\n December 31,\n unrecognized tax benefits beginning year $490 $220\n Increases\nstatute\n tax benefits year $9,635 $220"
}
{
    "_id": "d1b34cec4",
    "title": "",
    "text": "11 RECEIVABLES\n No past due impaired.\n carrying amount approximation fair value short-term. note 21 fair value.\n Partners commercial managements.\n financial instruments.\n Tax receivables.\n.\n Balance 31 December."
}
{
    "_id": "d1b389ca2",
    "title": "",
    "text": "shareholdings\n voting rights determined UK Listing Disclosure Transparency Rules 3% voting rights shares 28th February 2020 31st December 2019. no Controlling Founder Shareholders.\n.\n shareholdings Capital Group Companies. 6,584,006.\n Sun Life Financial. 5,566,823.,481,561.\n BlackRock. 4,624,204.,790.\n Fiera Capital Corporation 4,764,251. 4,768,688.\n APG Groep. 4,068,000.\n Vanguard Group. 2,569,081. 2,637,287."
}