question
stringlengths 13
239
| context
stringlengths 16
14.1k
|
|---|---|
What is the ratio of Level 1 assets to Level 2 assets?
|
Level 1 Level 2 Level 3 Total
Cash and cash equivalents $0.7 $77.7 $— $78.4
Equity securities:
U.S. equity securities 56.3 91.8 — 148.1
International equity securities 87.8 0.4 — 88.2
Fixed income securities:
Government bonds — 748.3 — 748.3
Corporate bonds — 2,255.5 — 2,255.5
Mortgage-backed bonds — 31.1 — 31.1
Real estate funds 0.4 — — 0.4
Net receivables for unsettled transactions 5.6 — — 5.6
Fair value measurement of pension plan assets in the fair value hierarchy $150.8 $3,204.8 $— $3,355.6
Investments measured at net asset value 245.9
Total pension plan assets $3,601.5
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)
|
What is the ratio (in percentage) of the fair value of the customary redemption gates over total pension plan assets as of May 26, 2019?
|
Level 1 Level 2 Level 3 Total
Cash and cash equivalents $0.7 $77.7 $— $78.4
Equity securities:
U.S. equity securities 56.3 91.8 — 148.1
International equity securities 87.8 0.4 — 88.2
Fixed income securities:
Government bonds — 748.3 — 748.3
Corporate bonds — 2,255.5 — 2,255.5
Mortgage-backed bonds — 31.1 — 31.1
Real estate funds 0.4 — — 0.4
Net receivables for unsettled transactions 5.6 — — 5.6
Fair value measurement of pension plan assets in the fair value hierarchy $150.8 $3,204.8 $— $3,355.6
Investments measured at net asset value 245.9
Total pension plan assets $3,601.5
Certain assets that are measured at fair value using the NAV (net asset value) per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. Such investments are generally considered long-term in nature with varying redemption availability. For certain of these investments, with a fair value of approximately $51.0 million as of May 26, 2019, the asset managers have the ability to impose customary redemption gates which may further restrict or limit the redemption of invested funds therein. As of May 26, 2019, funds with a fair value of $4.2 million have imposed such gates.
Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)
|
How much did operating cash flows increased by from 2018 to 2019?
|
2019 2018
Total cash provided by (used in) continuing operations:
Operating activities $168,405 $104,055
Investing activities (13,819) 65,661
Financing activities (5,730) (445,529)
Net increase (decrease) in cash from continuing operations $148,856 $(275,813)
Operating Activities. Operating cash flows increased $64.4 million in 2019 compared with 2018 primarily due to favorable changes in working capital of $37.0 million, primarily due to lower income tax payments of$41.3 million, and higher net income adjusted for non-cash items of $27.3 million
|
How much money was contributed to the pension and postretirement plan in 2019?
|
Pension and Postretirement Contributions — Our policy is to fund our pension plans at or above the minimum required by law. As of January 1, 2019, the date of our last actuarial funding valuation for our qualified pension plan, there was no minimum contribution funding requirement. In 2019 and 2018, we contributed $6.2 million and $5.5 million, respectively, to our pension and postretirement plans. We do not anticipate making any contributions to our qualified defined benefit pension plan in fiscal 2020. For additional information, refer to Note 12, Retirement Plans, of the notes to the consolidated financial statements.
|
How much money was contributed to the pension and postretirement plan in 2018?
|
Pension and Postretirement Contributions — Our policy is to fund our pension plans at or above the minimum required by law. As of January 1, 2019, the date of our last actuarial funding valuation for our qualified pension plan, there was no minimum contribution funding requirement. In 2019 and 2018, we contributed $6.2 million and $5.5 million, respectively, to our pension and postretirement plans. We do not anticipate making any contributions to our qualified defined benefit pension plan in fiscal 2020. For additional information, refer to Note 12, Retirement Plans, of the notes to the consolidated financial statements.
|
What is the average of the cash flows for operating activities for 2018 and 2019?
|
2019 2018
Total cash provided by (used in) continuing operations:
Operating activities $168,405 $104,055
Investing activities (13,819) 65,661
Financing activities (5,730) (445,529)
Net increase (decrease) in cash from continuing operations $148,856 $(275,813)
|
What is the difference in cash flows for investing activities between 2018 and 2019?
|
2019 2018
Total cash provided by (used in) continuing operations:
Operating activities $168,405 $104,055
Investing activities (13,819) 65,661
Financing activities (5,730) (445,529)
Net increase (decrease) in cash from continuing operations $148,856 $(275,813)
|
What is the percentage change in cash flows from operating activities from 2018 to 2019?
|
2019 2018
Total cash provided by (used in) continuing operations:
Operating activities $168,405 $104,055
Investing activities (13,819) 65,661
Financing activities (5,730) (445,529)
Net increase (decrease) in cash from continuing operations $148,856 $(275,813)
|
What does the unbilled accounts receivables include?
|
Unbilled accounts receivable includes those amounts that are unbilled due to agreed-upon contractual terms in which billing occurs subsequent to revenue recognition. This situation typically occurs when the Company transfers control of time-based software licenses to customers up-front, but invoices customers annually over the term of the license, which is typically two years.
|
What was the amount of unbilled accounts receivables in 2019 post transfer of control?
|
During the fiscal year ended July 31, 2019, the Company transferred control of a ten year timebased license that resulted in $9.7 million of unbilled accounts receivable as of July 31, 2019, representing future billings in years two through ten of the license term.
|
What was the Contract costs, net in 2018 and 2019 respectively?
|
Beginning balance as of
August 1, 2018 as adjusted Ending balance as of July 31, 2019 as reported
Unbilled accounts receivable, net $ 28,762 46,103
Contract costs, net(1) 12,932 30,390
Deferred revenue, net (141,685) (131,831)
The Company generally invoices customers in annual installments payable in advance. The difference between the timing of revenue recognition and the timing of billings results in the recognition of unbilled accounts receivable or deferred revenue in the consolidated balance sheets. Amounts related to customer contract-related arrangements are included on the consolidated balance sheets as of August 1, 2018 and July 31, 2019 as follows (in thousands):
|
What was the change in the Unbilled accounts receivable, net from 2018 to 2019?
|
Beginning balance as of
August 1, 2018 as adjusted Ending balance as of July 31, 2019 as reported
Unbilled accounts receivable, net $ 28,762 46,103
Contract costs, net(1) 12,932 30,390
Deferred revenue, net (141,685) (131,831)
The Company generally invoices customers in annual installments payable in advance. The difference between the timing of revenue recognition and the timing of billings results in the recognition of unbilled accounts receivable or deferred revenue in the consolidated balance sheets. Amounts related to customer contract-related arrangements are included on the consolidated balance sheets as of August 1, 2018 and July 31, 2019 as follows (in thousands):
|
What was the average Contract costs, net for 2018 and 2019?
|
Beginning balance as of
August 1, 2018 as adjusted Ending balance as of July 31, 2019 as reported
Unbilled accounts receivable, net $ 28,762 46,103
Contract costs, net(1) 12,932 30,390
Deferred revenue, net (141,685) (131,831)
The Company generally invoices customers in annual installments payable in advance. The difference between the timing of revenue recognition and the timing of billings results in the recognition of unbilled accounts receivable or deferred revenue in the consolidated balance sheets. Amounts related to customer contract-related arrangements are included on the consolidated balance sheets as of August 1, 2018 and July 31, 2019 as follows (in thousands):
|
In which year was Contract costs, net less than 20,000 thousands?
|
Beginning balance as of
August 1, 2018 as adjusted Ending balance as of July 31, 2019 as reported
Unbilled accounts receivable, net $ 28,762 46,103
Contract costs, net(1) 12,932 30,390
Deferred revenue, net (141,685) (131,831)
The Company generally invoices customers in annual installments payable in advance. The difference between the timing of revenue recognition and the timing of billings results in the recognition of unbilled accounts receivable or deferred revenue in the consolidated balance sheets. Amounts related to customer contract-related arrangements are included on the consolidated balance sheets as of August 1, 2018 and July 31, 2019 as follows (in thousands):
|
What is the amount of fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019 that is due in more than five years?
|
Cost Fair Value
(in thousands)
Due in one year or less $4,842,996 $4,844,145
Due after one year through five years 331,707 333,019
Due in more than five years 41,612 41,756
$5,216,315 $5,218,920
The amortized cost and fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019, are as follows:
|
What is the amount of amortized cost of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019 that is due in one year or less?
|
Cost Fair Value
(in thousands)
Due in one year or less $4,842,996 $4,844,145
Due after one year through five years 331,707 333,019
Due in more than five years 41,612 41,756
$5,216,315 $5,218,920
The amortized cost and fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019, are as follows:
|
What is the amount of fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019 that is due after one year through five years?
|
Cost Fair Value
(in thousands)
Due in one year or less $4,842,996 $4,844,145
Due after one year through five years 331,707 333,019
Due in more than five years 41,612 41,756
$5,216,315 $5,218,920
The amortized cost and fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019, are as follows:
|
What is the percentage of fair value of cash equivalents, investments, and restricted investments with contractual maturities that is due in more than five years in the total fair value?
|
Cost Fair Value
(in thousands)
Due in one year or less $4,842,996 $4,844,145
Due after one year through five years 331,707 333,019
Due in more than five years 41,612 41,756
$5,216,315 $5,218,920
The amortized cost and fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019, are as follows:
|
What is the percentage of amortized cost of cash equivalents, investments, and restricted investments with contractual maturities that is due in more than five year in the total cost?
|
Cost Fair Value
(in thousands)
Due in one year or less $4,842,996 $4,844,145
Due after one year through five years 331,707 333,019
Due in more than five years 41,612 41,756
$5,216,315 $5,218,920
The amortized cost and fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019, are as follows:
|
Which measurement of cash equivalents, investments, and restricted investments with contractual maturities has a higher total amount?
|
Cost Fair Value
(in thousands)
Due in one year or less $4,842,996 $4,844,145
Due after one year through five years 331,707 333,019
Due in more than five years 41,612 41,756
$5,216,315 $5,218,920
The amortized cost and fair value of cash equivalents, investments, and restricted investments with contractual maturities as of June 30, 2019, are as follows:
|
Which years does the table provide information for the company's contract liabilities?
|
June 30,
2019 June 30,
2018
Deferred maintenance $192,955 $164,986
Other deferred revenue 10,287 9,539
Total deferred revenue, net 203,242 174,525
Less: current portion 144,230 130,865
Non-current deferred revenue, net $59,012 $43,660
The following table summarizes contract liabilities which are shown as deferred revenue (in thousands):
|
What was the net total deferred revenue in 2019?
|
June 30,
2019 June 30,
2018
Deferred maintenance $192,955 $164,986
Other deferred revenue 10,287 9,539
Total deferred revenue, net 203,242 174,525
Less: current portion 144,230 130,865
Non-current deferred revenue, net $59,012 $43,660
The following table summarizes contract liabilities which are shown as deferred revenue (in thousands):
|
What was the other deferred revenue in 2018?
|
June 30,
2019 June 30,
2018
Deferred maintenance $192,955 $164,986
Other deferred revenue 10,287 9,539
Total deferred revenue, net 203,242 174,525
Less: current portion 144,230 130,865
Non-current deferred revenue, net $59,012 $43,660
The following table summarizes contract liabilities which are shown as deferred revenue (in thousands):
|
How many years did Other deferred revenue exceed $10,000 thousand?
|
June 30,
2019 June 30,
2018
Deferred maintenance $192,955 $164,986
Other deferred revenue 10,287 9,539
Total deferred revenue, net 203,242 174,525
Less: current portion 144,230 130,865
Non-current deferred revenue, net $59,012 $43,660
The following table summarizes contract liabilities which are shown as deferred revenue (in thousands):
|
What was the change in the amount of Deferred maintenance between 2018 and 2019?
|
June 30,
2019 June 30,
2018
Deferred maintenance $192,955 $164,986
Other deferred revenue 10,287 9,539
Total deferred revenue, net 203,242 174,525
Less: current portion 144,230 130,865
Non-current deferred revenue, net $59,012 $43,660
The following table summarizes contract liabilities which are shown as deferred revenue (in thousands):
|
What was the percentage change in the net Non-current deferred revenue between 2018 and 2019?
|
June 30,
2019 June 30,
2018
Deferred maintenance $192,955 $164,986
Other deferred revenue 10,287 9,539
Total deferred revenue, net 203,242 174,525
Less: current portion 144,230 130,865
Non-current deferred revenue, net $59,012 $43,660
|
What was the increase in Research and development expense in 2018?
|
Year ended March 31, Period-to-period change
% Change 2018 2017 Amount % Change
(dollars in thousands)
Operating expenses:
Research and development $38,373 $22,593 $15,780 70%
Sales and marketing 121,246 96,154 25,092 26%
General and administrative 36,989 27,875 9,114 33%
Impairment of long-lived assets 1,712 — 1,712 nm
Restructuring 832 — 832 nm
Total operating expenses $199,152 $146,622 $52,530 36%
Research and development expenses increased $15.8 million in the year ended March 31, 2018 compared to the year ended March 31, 2017, which was primarily attributable to increases in personnel-related costs of $10.1 million, information technology and facility costs of $2.3 million, professional services costs of $0.9 million, share-based compensation expense of $0.7 million, travel and other costs of $0.5 million and data center costs of $0.5 million.
|
What was the Sales and marketing expenses in 2018 and 2017 respectively?
|
Year ended March 31, Period-to-period change
% Change 2018 2017 Amount % Change
(dollars in thousands)
Operating expenses:
Research and development $38,373 $22,593 $15,780 70%
Sales and marketing 121,246 96,154 25,092 26%
General and administrative 36,989 27,875 9,114 33%
Impairment of long-lived assets 1,712 — 1,712 nm
Restructuring 832 — 832 nm
Total operating expenses $199,152 $146,622 $52,530 36%
|
What was the Research and development expenses in 2018 and 2017 respectively?
|
Year ended March 31, Period-to-period change
% Change 2018 2017 Amount % Change
(dollars in thousands)
Operating expenses:
Research and development $38,373 $22,593 $15,780 70%
Sales and marketing 121,246 96,154 25,092 26%
General and administrative 36,989 27,875 9,114 33%
Impairment of long-lived assets 1,712 — 1,712 nm
Restructuring 832 — 832 nm
Total operating expenses $199,152 $146,622 $52,530 36%
|
What was the average Research and development expenses in 2017 and 2018?
|
Year ended March 31, Period-to-period change
% Change 2018 2017 Amount % Change
(dollars in thousands)
Operating expenses:
Research and development $38,373 $22,593 $15,780 70%
Sales and marketing 121,246 96,154 25,092 26%
General and administrative 36,989 27,875 9,114 33%
Impairment of long-lived assets 1,712 — 1,712 nm
Restructuring 832 — 832 nm
Total operating expenses $199,152 $146,622 $52,530 36%
|
What was the average Sales and marketing expenses in 2017 and 2018?
|
Year ended March 31, Period-to-period change
% Change 2018 2017 Amount % Change
(dollars in thousands)
Operating expenses:
Research and development $38,373 $22,593 $15,780 70%
Sales and marketing 121,246 96,154 25,092 26%
General and administrative 36,989 27,875 9,114 33%
Impairment of long-lived assets 1,712 — 1,712 nm
Restructuring 832 — 832 nm
Total operating expenses $199,152 $146,622 $52,530 36%
|
In which year was General and administrative expenses less than 30,000 thousands?
|
Year ended March 31, Period-to-period change
% Change 2018 2017 Amount % Change
(dollars in thousands)
Operating expenses:
Research and development $38,373 $22,593 $15,780 70%
Sales and marketing 121,246 96,154 25,092 26%
General and administrative 36,989 27,875 9,114 33%
Impairment of long-lived assets 1,712 — 1,712 nm
Restructuring 832 — 832 nm
Total operating expenses $199,152 $146,622 $52,530 36%
|
What does the foreign tax rate differential benefit primarily relate to?
|
The foreign tax rate differential benefit primarily relates to the Company's operations in Thailand, Malta and Ireland. The Company's Thailand manufacturing operations are currently subject to numerous tax holidays granted to the Company based on its investment in property, plant and equipment in Thailand. The Company's tax holiday periods in Thailand expire between fiscal 2022 and 2026, however, the Company actively seeks to obtain new tax holidays. The Company does not expect the future expiration of any of its tax holiday periods in Thailand to have a material impact on its effective tax rate. The Company’s Microsemi operations in Malaysia are subject to a tax holiday that effectively reduces the income tax rate in that jurisdiction. Microsemi’s tax holiday in Malaysia was granted in 2009 and is effective through December 2019, subject to continued compliance with the tax holiday’s requirements. The aggregate dollar expense derived from these tax holidays approximated $0.1 million in fiscal 2019. The aggregate dollar benefit derived from these tax holidays approximated $6.2 million and $13.2 million in fiscal 2018 and 2017, respectively. The impact of the tax holidays during fiscal 2019 did not impact basic and diluted net income per common share. The impact of the tax holidays during fiscal 2018 increased the basic and diluted net income per common share by $0.03 and $0.02, respectively. The impact of the tax holidays during fiscal 2017 increased the basic and diluted net income per common share by $0.06.
|
What was the State income taxes, net of federal benefit in 2019?
|
Year Ended March 31,
2019 2018 2017
Computed expected income tax provision $43.0 $232.6 $31.4
State income taxes, net of federal benefit (8.7) (1.3) (4.6)
Foreign income taxed at lower than the federal rate (94.0) (208.8) (105.0)
Impact of the Act - one-time transition tax, net of foreign tax credits 13.1 653.7 —
Impact of the Act - deferred tax effects, net of valuation allowance — (136.7) —
Global intangible low-taxed income 95.4 — —
Business realignment (90.6) — —
Increases related to current year tax positions 9.0 32.0 53.7
Decreases related to prior year tax positions (1) (75.1) (11.3) (36.3)
Share-based compensation (13.3) (27.2) (25.0)
Research and development tax credits (27.5) (17.0) (12.8)
Intercompany prepaid tax asset amortization 5.2 7.4 7.9
Foreign exchange 4.6 (20.5) (1.7)
Other (2.6) (0.5) 9.8
Change in valuation allowance (9.9) (20.5) 1.8
Total income tax provision (benefit) $(151.4) $481.9 $(80.8)
The provision for income taxes differs from the amount computed by applying the statutory federal tax rate to income before income taxes. The sources and tax effects of the differences in the total income tax provision are as follows (amounts in millions):
|
Which years does the table provide information for The sources and tax effects of the differences in the total income tax provision?
|
Year Ended March 31,
2019 2018 2017
Computed expected income tax provision $43.0 $232.6 $31.4
State income taxes, net of federal benefit (8.7) (1.3) (4.6)
Foreign income taxed at lower than the federal rate (94.0) (208.8) (105.0)
Impact of the Act - one-time transition tax, net of foreign tax credits 13.1 653.7 —
Impact of the Act - deferred tax effects, net of valuation allowance — (136.7) —
Global intangible low-taxed income 95.4 — —
Business realignment (90.6) — —
Increases related to current year tax positions 9.0 32.0 53.7
Decreases related to prior year tax positions (1) (75.1) (11.3) (36.3)
Share-based compensation (13.3) (27.2) (25.0)
Research and development tax credits (27.5) (17.0) (12.8)
Intercompany prepaid tax asset amortization 5.2 7.4 7.9
Foreign exchange 4.6 (20.5) (1.7)
Other (2.6) (0.5) 9.8
Change in valuation allowance (9.9) (20.5) 1.8
Total income tax provision (benefit) $(151.4) $481.9 $(80.8)
The provision for income taxes differs from the amount computed by applying the statutory federal tax rate to income before income taxes. The sources and tax effects of the differences in the total income tax provision are as follows (amounts in millions):
|
How many years did Intercompany prepaid tax asset amortization exceed $7 million?
|
Year Ended March 31,
2019 2018 2017
Computed expected income tax provision $43.0 $232.6 $31.4
State income taxes, net of federal benefit (8.7) (1.3) (4.6)
Foreign income taxed at lower than the federal rate (94.0) (208.8) (105.0)
Impact of the Act - one-time transition tax, net of foreign tax credits 13.1 653.7 —
Impact of the Act - deferred tax effects, net of valuation allowance — (136.7) —
Global intangible low-taxed income 95.4 — —
Business realignment (90.6) — —
Increases related to current year tax positions 9.0 32.0 53.7
Decreases related to prior year tax positions (1) (75.1) (11.3) (36.3)
Share-based compensation (13.3) (27.2) (25.0)
Research and development tax credits (27.5) (17.0) (12.8)
Intercompany prepaid tax asset amortization 5.2 7.4 7.9
Foreign exchange 4.6 (20.5) (1.7)
Other (2.6) (0.5) 9.8
Change in valuation allowance (9.9) (20.5) 1.8
Total income tax provision (benefit) $(151.4) $481.9 $(80.8)
The provision for income taxes differs from the amount computed by applying the statutory federal tax rate to income before income taxes. The sources and tax effects of the differences in the total income tax provision are as follows (amounts in millions):
|
What was the change in the Computed expected income tax provision between 2017 and 2018?
|
Year Ended March 31,
2019 2018 2017
Computed expected income tax provision $43.0 $232.6 $31.4
State income taxes, net of federal benefit (8.7) (1.3) (4.6)
Foreign income taxed at lower than the federal rate (94.0) (208.8) (105.0)
Impact of the Act - one-time transition tax, net of foreign tax credits 13.1 653.7 —
Impact of the Act - deferred tax effects, net of valuation allowance — (136.7) —
Global intangible low-taxed income 95.4 — —
Business realignment (90.6) — —
Increases related to current year tax positions 9.0 32.0 53.7
Decreases related to prior year tax positions (1) (75.1) (11.3) (36.3)
Share-based compensation (13.3) (27.2) (25.0)
Research and development tax credits (27.5) (17.0) (12.8)
Intercompany prepaid tax asset amortization 5.2 7.4 7.9
Foreign exchange 4.6 (20.5) (1.7)
Other (2.6) (0.5) 9.8
Change in valuation allowance (9.9) (20.5) 1.8
Total income tax provision (benefit) $(151.4) $481.9 $(80.8)
The provision for income taxes differs from the amount computed by applying the statutory federal tax rate to income before income taxes. The sources and tax effects of the differences in the total income tax provision are as follows (amounts in millions):
|
What was the percentage change in the Total income tax provision (benefit) between 2018 and 2019?
|
Year Ended March 31,
2019 2018 2017
Computed expected income tax provision $43.0 $232.6 $31.4
State income taxes, net of federal benefit (8.7) (1.3) (4.6)
Foreign income taxed at lower than the federal rate (94.0) (208.8) (105.0)
Impact of the Act - one-time transition tax, net of foreign tax credits 13.1 653.7 —
Impact of the Act - deferred tax effects, net of valuation allowance — (136.7) —
Global intangible low-taxed income 95.4 — —
Business realignment (90.6) — —
Increases related to current year tax positions 9.0 32.0 53.7
Decreases related to prior year tax positions (1) (75.1) (11.3) (36.3)
Share-based compensation (13.3) (27.2) (25.0)
Research and development tax credits (27.5) (17.0) (12.8)
Intercompany prepaid tax asset amortization 5.2 7.4 7.9
Foreign exchange 4.6 (20.5) (1.7)
Other (2.6) (0.5) 9.8
Change in valuation allowance (9.9) (20.5) 1.8
Total income tax provision (benefit) $(151.4) $481.9 $(80.8)
The provision for income taxes differs from the amount computed by applying the statutory federal tax rate to income before income taxes. The sources and tax effects of the differences in the total income tax provision are as follows (amounts in millions):
|
Which years does the table provide information for the Consolidated Statements of Comprehensive Income (Loss)?
|
Fiscal Years Ended March 31,
2019 2018 2017
Net income (1) $206,587 $254,127 $47,157
Other comprehensive income (loss), net of tax:
Foreign currency translation gains (losses) (2) (24,065) 35,271 (15,284)
Defined benefit pension plans (927) 167 163
Defined benefit post-retirement plan adjustments (86) (255) 20
Equity interest in investee’s other comprehensive income (loss) (11) 5,584 1,440
Foreign exchange contracts (588) (1,753) 3,274
Excluded component of fair value hedges (2,249) — —
Other comprehensive income (loss) (2) (27,926) 39,014 (10,387)
Total comprehensive income (1) $178,661 $293,141 $36,770
Consolidated Statements of Comprehensive Income (Loss)
|
What was the net income in 2017?
|
Fiscal Years Ended March 31,
2019 2018 2017
Net income (1) $206,587 $254,127 $47,157
Other comprehensive income (loss), net of tax:
Foreign currency translation gains (losses) (2) (24,065) 35,271 (15,284)
Defined benefit pension plans (927) 167 163
Defined benefit post-retirement plan adjustments (86) (255) 20
Equity interest in investee’s other comprehensive income (loss) (11) 5,584 1,440
Foreign exchange contracts (588) (1,753) 3,274
Excluded component of fair value hedges (2,249) — —
Other comprehensive income (loss) (2) (27,926) 39,014 (10,387)
Total comprehensive income (1) $178,661 $293,141 $36,770
(Amounts in thousands)
|
What was the Defined benefit pension plans in 2019?
|
Fiscal Years Ended March 31,
2019 2018 2017
Net income (1) $206,587 $254,127 $47,157
Other comprehensive income (loss), net of tax:
Foreign currency translation gains (losses) (2) (24,065) 35,271 (15,284)
Defined benefit pension plans (927) 167 163
Defined benefit post-retirement plan adjustments (86) (255) 20
Equity interest in investee’s other comprehensive income (loss) (11) 5,584 1,440
Foreign exchange contracts (588) (1,753) 3,274
Excluded component of fair value hedges (2,249) — —
Other comprehensive income (loss) (2) (27,926) 39,014 (10,387)
Total comprehensive income (1) $178,661 $293,141 $36,770
(Amounts in thousands)
|
How many years did net income exceed $100,000 thousand?
|
Fiscal Years Ended March 31,
2019 2018 2017
Net income (1) $206,587 $254,127 $47,157
Other comprehensive income (loss), net of tax:
Foreign currency translation gains (losses) (2) (24,065) 35,271 (15,284)
Defined benefit pension plans (927) 167 163
Defined benefit post-retirement plan adjustments (86) (255) 20
Equity interest in investee’s other comprehensive income (loss) (11) 5,584 1,440
Foreign exchange contracts (588) (1,753) 3,274
Excluded component of fair value hedges (2,249) — —
Other comprehensive income (loss) (2) (27,926) 39,014 (10,387)
Total comprehensive income (1) $178,661 $293,141 $36,770
(Amounts in thousands)
|
What was the change in Defined benefit post-retirement plan adjustments between 2017 and 2019?
|
Fiscal Years Ended March 31,
2019 2018 2017
Net income (1) $206,587 $254,127 $47,157
Other comprehensive income (loss), net of tax:
Foreign currency translation gains (losses) (2) (24,065) 35,271 (15,284)
Defined benefit pension plans (927) 167 163
Defined benefit post-retirement plan adjustments (86) (255) 20
Equity interest in investee’s other comprehensive income (loss) (11) 5,584 1,440
Foreign exchange contracts (588) (1,753) 3,274
Excluded component of fair value hedges (2,249) — —
Other comprehensive income (loss) (2) (27,926) 39,014 (10,387)
Total comprehensive income (1) $178,661 $293,141 $36,770
(Amounts in thousands)
|
What was the percentage change in the Total comprehensive income between 2018 and 2019?
|
Fiscal Years Ended March 31,
2019 2018 2017
Net income (1) $206,587 $254,127 $47,157
Other comprehensive income (loss), net of tax:
Foreign currency translation gains (losses) (2) (24,065) 35,271 (15,284)
Defined benefit pension plans (927) 167 163
Defined benefit post-retirement plan adjustments (86) (255) 20
Equity interest in investee’s other comprehensive income (loss) (11) 5,584 1,440
Foreign exchange contracts (588) (1,753) 3,274
Excluded component of fair value hedges (2,249) — —
Other comprehensive income (loss) (2) (27,926) 39,014 (10,387)
Total comprehensive income (1) $178,661 $293,141 $36,770
(Amounts in thousands)
|
What does the Euro Term Loan due 2024 consist of?
|
Fiscal year-end
2019 2018
Euro Term Loan due 2024(1) $385,208 $411,661
1.3% Term loan due 2024 5,466 7,242
1.0% State of Connecticut term loan due 2023 1,028 1,406
Capital lease obligations 536 402
Total long-term obligations $392,238 $420,711
(1) Net of debt issuance costs of $6.4 million and $11.2 million at September 28, 2019 and September 29, 2018, respectively.
|
What was the Total long-term obligations in 2019?
|
Fiscal year-end
2019 2018
Euro Term Loan due 2024(1) $385,208 $411,661
1.3% Term loan due 2024 5,466 7,242
1.0% State of Connecticut term loan due 2023 1,028 1,406
Capital lease obligations 536 402
Total long-term obligations $392,238 $420,711
Long-term obligations consist of the following (in thousands):
|
In which years was Total long-term obligations calculated?
|
Fiscal year-end
2019 2018
Euro Term Loan due 2024(1) $385,208 $411,661
1.3% Term loan due 2024 5,466 7,242
1.0% State of Connecticut term loan due 2023 1,028 1,406
Capital lease obligations 536 402
Total long-term obligations $392,238 $420,711
Long-term obligations consist of the following (in thousands):
|
In which year was the 1.0% State of Connecticut term loan due 2023 larger?
|
Fiscal year-end
2019 2018
Euro Term Loan due 2024(1) $385,208 $411,661
1.3% Term loan due 2024 5,466 7,242
1.0% State of Connecticut term loan due 2023 1,028 1,406
Capital lease obligations 536 402
Total long-term obligations $392,238 $420,711
Long-term obligations consist of the following (in thousands):
|
What was the change in Capital lease obligations from 2018 to 2019?
|
Fiscal year-end
2019 2018
Euro Term Loan due 2024(1) $385,208 $411,661
1.3% Term loan due 2024 5,466 7,242
1.0% State of Connecticut term loan due 2023 1,028 1,406
Capital lease obligations 536 402
Total long-term obligations $392,238 $420,711
Long-term obligations consist of the following (in thousands):
|
What was the percentage change in Capital lease obligations from 2018 to 2019?
|
Fiscal year-end
2019 2018
Euro Term Loan due 2024(1) $385,208 $411,661
1.3% Term loan due 2024 5,466 7,242
1.0% State of Connecticut term loan due 2023 1,028 1,406
Capital lease obligations 536 402
Total long-term obligations $392,238 $420,711
Long-term obligations consist of the following (in thousands):
|
What was the reason for entering into agreements with Keppel in 2018?
|
In December 2018, we entered into agreements with Keppel for the conversion of the Gimi to a FLNG and consequently reclassified the carrying value of the Gimi of $20.0 million from "Vessels and equipment, net" to "Asset under development".
|
Which years did Golar enter into agreements with companies like Keppel and BP respectively?
|
In December 2018, we entered into agreements with Keppel for the conversion of the Gimi to a FLNG and consequently reclassified the carrying value of the Gimi of $20.0 million from "Vessels and equipment, net" to "Asset under development".
In February 2019, Golar entered into an agreement with BP for the employment of a FLNG unit, Gimi, to service the Greater Tortue Ahmeyim project for a 20-year period expected to commence in 2022.
|
What was the conversion cost of the Gimi?
|
In April 2019, we issued the shipyard with a Final Notice to Proceed with conversion works that had been initiated under the Limited Notice to Proceed. We also completed the sale of 30% of the total issued ordinary share capital of Gimi MS Corp to First FLNG Holdings (see note 5). The estimated conversion cost of the Gimi is approximately $1.3 billion.
|
Which year was the asset under development as of January 1 higher?
|
(in thousands of $) 2019 2018
As of January 1 20,000 1,177,489
Additions 372,849 118,942
Transfer to vessels and equipment, net (note 16) — (1,296,431)
Transfer from vessels and equipment, net (note 16) — 20,000
Transfer from other non-current assets (note 17) 31,048 —
Interest costs capitalized 10,351 —
As of December 31 434,248 20,000
15. ASSET UNDER DEVELOPMENT
|
What was the change in additions between 2018 and 2019?
|
(in thousands of $) 2019 2018
As of January 1 20,000 1,177,489
Additions 372,849 118,942
Transfer to vessels and equipment, net (note 16) — (1,296,431)
Transfer from vessels and equipment, net (note 16) — 20,000
Transfer from other non-current assets (note 17) 31,048 —
Interest costs capitalized 10,351 —
As of December 31 434,248 20,000
|
What was the percentage change in asset under development as of December 31 between 2018 and 2019?
|
(in thousands of $) 2019 2018
As of January 1 20,000 1,177,489
Additions 372,849 118,942
Transfer to vessels and equipment, net (note 16) — (1,296,431)
Transfer from vessels and equipment, net (note 16) — 20,000
Transfer from other non-current assets (note 17) 31,048 —
Interest costs capitalized 10,351 —
As of December 31 434,248 20,000
15. ASSET UNDER DEVELOPMENT
|
In 2019, what was the amount contributed to US Treasury securities?
|
In 2019 and 2018, $635 million and $598 million, respectively, was contributed in U.S. Treasury securities, which is considered a non-cash transaction (includes the Active Medical Trust).
|
Contribution to US Treasury is considered what kind of a transaction?
|
In 2019 and 2018, $635 million and $598 million, respectively, was contributed in U.S. Treasury securities, which is considered a non-cash transaction (includes the Active Medical Trust).
|
What was the Non pension post retirement benefit plan in 2019?
|
($ in millions)
For the year ended December 31: 2019 2018
Non-U.S. DB plans $ 243 $ 325
Non pension postretirement benefit plans 304 335
Multi-employer plans 32 38
DC plans 1,040 1,024
Direct benefit payments 559 567
Total $2,177 $2,288
|
What is the increase / (decrease) in the Non-U.S. DB plans from 2018 to 2019?
|
($ in millions)
For the year ended December 31: 2019 2018
Non-U.S. DB plans $ 243 $ 325
Non pension postretirement benefit plans 304 335
Multi-employer plans 32 38
DC plans 1,040 1,024
Direct benefit payments 559 567
Total $2,177 $2,288
|
What is the average Non pension postretirement benefit plans?
|
($ in millions)
For the year ended December 31: 2019 2018
Non-U.S. DB plans $ 243 $ 325
Non pension postretirement benefit plans 304 335
Multi-employer plans 32 38
DC plans 1,040 1,024
Direct benefit payments 559 567
Total $2,177 $2,288
|
What is the percentage increase / (decrease) in the Direct benefit payments from 2018 to 2019?
|
($ in millions)
For the year ended December 31: 2019 2018
Non-U.S. DB plans $ 243 $ 325
Non pension postretirement benefit plans 304 335
Multi-employer plans 32 38
DC plans 1,040 1,024
Direct benefit payments 559 567
Total $2,177 $2,288
|
What does Teradyne services consist of?
|
Teradyne services consist of extended warranties, training and application support, service agreement, post contract customer support (“PCS”) and replacement parts. Each service is recognized based on relative standalone selling price. Extended warranty, training and support, service agreements and PCS are recognized over time based on the period of service. Replacement parts are recognized at a point in time upon transfer of control to the customer.
|
Where are deferred revenue and customer advances included in?
|
As of December 31, 2019 and 2018, deferred revenue and customer advances consisted of the following and are included in the short and long-term deferred revenue and customer advances:
|
In which years were Total deferred revenue and customer advances calculated?
|
2019 2018
(in thousands)
Maintenance, service and training $63,815 $58,362
Extended warranty 30,677 27,422
Customer advances, undelivered elements and other 56,358 24,677
Total deferred revenue and customer advances $150,850 $110,461
As of December 31, 2019 and 2018, deferred revenue and customer advances consisted of the following and are included in the short and long-term deferred revenue and customer advances:
|
In which year was Maintenance, service and training larger?
|
2019 2018
(in thousands)
Maintenance, service and training $63,815 $58,362
Extended warranty 30,677 27,422
Customer advances, undelivered elements and other 56,358 24,677
Total deferred revenue and customer advances $150,850 $110,461
|
What was the change in Extended warranty from 2018 to 2019?
|
2019 2018
(in thousands)
Maintenance, service and training $63,815 $58,362
Extended warranty 30,677 27,422
Customer advances, undelivered elements and other 56,358 24,677
Total deferred revenue and customer advances $150,850 $110,461
|
What was the percentage change in Extended warranty from 2018 to 2019?
|
2019 2018
(in thousands)
Maintenance, service and training $63,815 $58,362
Extended warranty 30,677 27,422
Customer advances, undelivered elements and other 56,358 24,677
Total deferred revenue and customer advances $150,850 $110,461
|
Where are the principal executive offices, as well as research and development facility located?
|
Our principal executive offices, as well as our research and development facility, are located in approximately 29,000 square feet of office space in San Diego, California and the term of the lease continues through June 30, 2024. The average annual base rent under this lease is approximately $1.0 million per year. In connection with this lease, we received tenant improvement allowances totaling approximately $1.0 million. These lease incentives are being amortized as a reduction of rent expense over the term of the lease.
|
How much is the annual base rent for the office in Barcelona, Spain?
|
Our other offices are located in Paris, France; Amsterdam, The Netherlands; New York, New York; Barcelona, Spain; and London, United Kingdom. The
term of the Paris, France lease continues through July 31, 2021, with an annual base rent of approximately €0.4 million (or $0.4 million). The term of the
Amsterdam, The Netherlands lease continues through December 31, 2022, with an annual base rent of approximately €0.2 million (or $0.2 million). The term of
the New York, New York lease continues through November 30, 2024, with an annual base rent of approximately $0.2 million. The term of the Barcelona, Spain lease continues through May 31, 2023, with an annual base rent of approximately €0.1 million (or $0.1 million). The term of the London, United Kingdom lease continues through May 31, 2020, with an annual base rent of approximately £63,000 (or approximately $78,000). Our other offices are located in Paris, France; Amsterdam, The Netherlands; New York, New York; Barcelona, Spain; and London, United Kingdom. The term of the Paris, France lease continues through July 31, 2021, with an annual base rent of approximately €0.4 million (or $0.4 million). The term of the Amsterdam, The Netherlands lease continues through December 31, 2022, with an annual base rent of approximately €0.2 million (or $0.2 million). The term of the New York, New York lease continues through November 30, 2024, with an annual base rent of approximately $0.2 million. The term of the Barcelona, Spain lease continues through May 31, 2023, with an annual base rent of approximately €0.1 million (or $0.1 million). The term of the London, United Kingdom lease continues through May 31, 2020, with an annual base rent of approximately £63,000 (or approximately $78,000).
|
How much are the total overall contractual obligations ?
|
Less than 1 year 1-3 years 3-5 years More than 5 years Total
Operating lease obligations $1,699 $3,950 $2,707 $36 $8,392
Other borrowings 131 145 219 61 556
Total $1,830 $4,095 $2,926 $97 $8,948
The following table summarizes our contractual obligations as of September 30, 2019 (in thousands):
|
What is the proportion of total operating lease obligations that expire in 3 years over total operating lease obligations?
|
Less than 1 year 1-3 years 3-5 years More than 5 years Total
Operating lease obligations $1,699 $3,950 $2,707 $36 $8,392
Other borrowings 131 145 219 61 556
Total $1,830 $4,095 $2,926 $97 $8,948
|
What is the ratio of contractual obligations that expire in less than 1 year to the ones that expire in 3-5 years?
|
Less than 1 year 1-3 years 3-5 years More than 5 years Total
Operating lease obligations $1,699 $3,950 $2,707 $36 $8,392
Other borrowings 131 145 219 61 556
Total $1,830 $4,095 $2,926 $97 $8,948
|
What is the average contractual obligation based on the different term periods of the lease?
|
Less than 1 year 1-3 years 3-5 years More than 5 years Total
Operating lease obligations $1,699 $3,950 $2,707 $36 $8,392
Other borrowings 131 145 219 61 556
Total $1,830 $4,095 $2,926 $97 $8,948
The following table summarizes our contractual obligations as of September 30, 2019 (in thousands):
|
Which years does the table include information for long-lived assets by geographic area, which primarily include property and equipment, net?
|
January 1, 2020 February 1, 2019
United States $860 $849
International 209 113
Total $1,069 $962
Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions):
|
What was the net property and equipment in the United States in 2019?
|
January 1, 2020 February 1, 2019
United States $860 $849
International 209 113
Total $1,069 $962
Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions):
|
What was the total net property and equipment in 2020?
|
January 1, 2020 February 1, 2019
United States $860 $849
International 209 113
Total $1,069 $962
Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions):
|
What was the change in the international net property and equipment between 2019 and 2020?
|
January 1, 2020 February 1, 2019
United States $860 $849
International 209 113
Total $1,069 $962
Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions):
|
What was the change in the United States net property and equipment between 2019 and 2020?
|
January 1, 2020 February 1, 2019
United States $860 $849
International 209 113
Total $1,069 $962
Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions):
|
What was the percentage change in the total net property and equipment between 2019 and 2020?
|
January 1, 2020 February 1, 2019
United States $860 $849
International 209 113
Total $1,069 $962
Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions):
|
Where are Inventories used?
|
Inventories are used in the manufacture and service of Restaurant/Retail products. The components of inventory, net consist of the following:
|
How much was the inventory write-downs at December 31, 2019 and 2018 respectively?
|
At December 31, 2019 and 2018, the Company had recorded inventory write-downs of $9.6 million and $9.8 million , respectively, against Restaurant/Retail inventories, which relate primarily to service parts.
|
What is the value of Finished Goods in 2019 and 2018 respectively?
|
December 31,
(in thousands)
2019 2018
Finished Goods $8,320 $12,472
Work in process — 67
Component parts 6,768 4,716
Service parts 4,238 5,482
$19,326 $22,737
|
What is the change in Finished Goods between December 31, 2018 and 2019?
|
December 31,
(in thousands)
2019 2018
Finished Goods $8,320 $12,472
Work in process — 67
Component parts 6,768 4,716
Service parts 4,238 5,482
$19,326 $22,737
|
What is the change in Component parts between December 31, 2018 and 2019?
|
December 31,
(in thousands)
2019 2018
Finished Goods $8,320 $12,472
Work in process — 67
Component parts 6,768 4,716
Service parts 4,238 5,482
$19,326 $22,737
|
What is the average Finished Goods for December 31, 2018 and 2019?
|
December 31,
(in thousands)
2019 2018
Finished Goods $8,320 $12,472
Work in process — 67
Component parts 6,768 4,716
Service parts 4,238 5,482
$19,326 $22,737
|
Who was the principal accountant for 2019 and 2018?
|
Our principal accountant for 2019 and 2018 was KPMG LLP, Chartered Professional Accountants. The following table shows the fees Teekay and our subsidiaries paid or accrued for audit and other services provided by KPMG LLP for 2019 and 2018.
|
What fees was paid to KPMG LLP by Teekay Tankers during 2019 and 2018 respectively?
|
Audit fees for 2019 and 2018 include approximately $928,300 and $859,000, respectively, of fees paid to KPMG LLP by Teekay LNG that were approved by the Audit Committee of the Board of Directors of the general partner of Teekay LNG. Audit fees for 2019 and 2018 include approximately $588,200 and $517,000, respectively, of fees paid to KPMG LLP by our subsidiary Teekay Tankers that were approved by the Audit Committee of the Board of Directors of Teekay Tankers.
|
What fees was paid to KPMG LLP by Teekay LNG during 2019 and 2018?
|
Audit fees for 2019 and 2018 include approximately $928,300 and $859,000, respectively, of fees paid to KPMG LLP by Teekay LNG that were approved by the Audit Committee of the Board of Directors of the general partner of Teekay LNG. Audit fees for 2019 and 2018 include approximately $588,200 and $517,000, respectively, of fees paid to KPMG LLP by our subsidiary Teekay Tankers that were approved by the Audit Committee of the Board of Directors of Teekay Tankers.
|
What is the change in Audit Fees from 2019 to 2018?
|
Fees (in thousands of U.S. dollars) 2019 2018
Audit Fees (1) 2,723 2,529
Audit-Related Fees (2) 33 59
Tax Fees (3) 23 32
Total 2,779 2,620
|
What is the change in Audit-Related Fees from 2019 to 2018?
|
Fees (in thousands of U.S. dollars) 2019 2018
Audit Fees (1) 2,723 2,529
Audit-Related Fees (2) 33 59
Tax Fees (3) 23 32
Total 2,779 2,620
|
What is the change in Tax Fees from 2019 to 2018?
|
Fees (in thousands of U.S. dollars) 2019 2018
Audit Fees (1) 2,723 2,529
Audit-Related Fees (2) 33 59
Tax Fees (3) 23 32
Total 2,779 2,620
|
What is taken into account while releasing films?
|
Our revenues and operating results are significantly affected by the timing, number and breadth of our theatrical releases and their budgets, the timing of television syndication agreements, and our amortization policy for the first 12 months of commercial exploitation for a film. The timing of releases is determined based on several factors. A significant portion of the films we distribute are delivered to Indian theaters at times when theater attendance has traditionally been highest, including school holidays, national holidays and the festivals. This timing of releases also takes into account competitor film release dates, major cricket events in India and film production schedules. Significant holidays and festivals, such as Diwali, Eid and Christmas, occur during July to December each year, and the Indian Premier League cricket season generally occurs during April and May of each year. The Tamil New Year, called Pongal, falls in January each year making the quarter ending March an important one for Tamil releases.
|
What was the revenue in three months ended June 2018?
|
Three Months Ended
June 30, 2018 September 30, 2018 December 31, 2018 March 31, 2019
(in thousands)
Revenue 60,212 63,425 76,744 69,745
Adjustment towards significant financing component 6,410 8,837 9,917 9,303
Gross Revenue 66,622 72,262 86,661 79,048
|
What is the adjustment towards significant financing component in three months ended June 2018?
|
Three Months Ended
June 30, 2018 September 30, 2018 December 31, 2018 March 31, 2019
(in thousands)
Revenue 60,212 63,425 76,744 69,745
Adjustment towards significant financing component 6,410 8,837 9,917 9,303
Gross Revenue 66,622 72,262 86,661 79,048
|
What are the Three months ended periods that have gross revenue exceeding $70,000 thousand?
|
Three Months Ended
June 30, 2018 September 30, 2018 December 31, 2018 March 31, 2019
(in thousands)
Revenue 60,212 63,425 76,744 69,745
Adjustment towards significant financing component 6,410 8,837 9,917 9,303
Gross Revenue 66,622 72,262 86,661 79,048
|
What is the average quarterly Adjustment towards significant financing component for Three Months Ended June 30 2018 to march 31, 2019?
|
Three Months Ended
June 30, 2018 September 30, 2018 December 31, 2018 March 31, 2019
(in thousands)
Revenue 60,212 63,425 76,744 69,745
Adjustment towards significant financing component 6,410 8,837 9,917 9,303
Gross Revenue 66,622 72,262 86,661 79,048
|
What is the percentage increase / (decrease) in the Gross Revenue from Three Months Ended December 2018 to March 2019?
|
Three Months Ended
June 30, 2018 September 30, 2018 December 31, 2018 March 31, 2019
(in thousands)
Revenue 60,212 63,425 76,744 69,745
Adjustment towards significant financing component 6,410 8,837 9,917 9,303
Gross Revenue 66,622 72,262 86,661 79,048
|
As of June 30, 2019, what is the value of the Group's marketable equity securities?
|
Amortized Cost Unrealized Gains Unrealized Losses Fair Value
(U.S. $ in thousands)
Debt Investments
Marketable debt securities
U.S. treasury securities $101,563 $203 $(7) 101,759
Agency securities 26,936 33 (3) 26,966
Certificates of deposit and time deposits 24,126 — — 24,126
Commercial paper 94,035 — — 94,035
Corporate debt securities 201,552 292 (24) 201,820
Total debt investments 448,212 528 (34) 448,706
Equity Investments
Marketable equity securities 20,270 38,662 — 58,932
Non-marketable equity securities 3,000 — — 3,000
Total equity investments 23,270 38,662 — 61,932
Total investments $471,482 $39,190 $(34) $510,638
As of June 30, 2019, the Group had $445.0 million of investments which were classified as short-term investments on the Group’s consolidated statements of financial position. Additionally, the Group had marketable equity securities totaling $58.9 million, non-marketable equity securities totaling $3.0 million, and certificates of deposit and time deposits totaling $3.7 million which were classified as long-term and were included in other non-current assets on the Group’s consolidated statements of financial position.
|
As of June 30, 2019, what is the value of the Group's non-marketable equity securities?
|
Amortized Cost Unrealized Gains Unrealized Losses Fair Value
(U.S. $ in thousands)
Debt Investments
Marketable debt securities
U.S. treasury securities $101,563 $203 $(7) 101,759
Agency securities 26,936 33 (3) 26,966
Certificates of deposit and time deposits 24,126 — — 24,126
Commercial paper 94,035 — — 94,035
Corporate debt securities 201,552 292 (24) 201,820
Total debt investments 448,212 528 (34) 448,706
Equity Investments
Marketable equity securities 20,270 38,662 — 58,932
Non-marketable equity securities 3,000 — — 3,000
Total equity investments 23,270 38,662 — 61,932
Total investments $471,482 $39,190 $(34) $510,638
As of June 30, 2019, the Group had $445.0 million of investments which were classified as short-term investments on the Group’s consolidated statements of financial position. Additionally, the Group had marketable equity securities totaling $58.9 million, non-marketable equity securities totaling $3.0 million, and certificates of deposit and time deposits totaling $3.7 million which were classified as long-term and were included in other non-current assets on the Group’s consolidated statements of financial position.
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.