{
  "docId": "019dd923-622b-71dc-a6db-cc9e849c681c",
  "docSlug": "d022b5102472",
  "documentTitle": "Deckers Outdoor Corporation (DECK)",
  "authorId": "07_Marcato",
  "authorName": "Richard T. McGuire III",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2017-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 33,
  "pageCount": 59,
  "prevPage": 32,
  "nextPage": 34,
  "slideType": "preempt_rebuttal",
  "function": "preempt_rebuttal",
  "density": "balanced",
  "nDataPoints": 7,
  "notes": "The chart uses a waterfall structure to show cash flow and share repurchases impacting net cash balances over time.",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "waterfall_chart",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6db-cc9e849c681c/33",
  "deckHref": "/decks/019dd923-622b-71dc-a6db-cc9e849c681c",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6db-cc9e849c681c.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-cc9e849c681c#slide-33",
  "components": [
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.13
      },
      "kind": "callout",
      "text": "By 2020 Deckers will still have an estimated net cash position of $335m(1)",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2b354884-96ab-4170-983c-78ea0bfe55d4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.9,
        "x": 0.05,
        "y": 0.25
      },
      "kind": "chart",
      "text": "Waterfall chart showing 2018E Net Cash, 2019E FCF, 2019E Repurchases, 2019E Net Cash, 2020E FCF, 2020E Repurchases, FYE2020 Net Cash",
      "attrs": null,
      "subkind": "waterfall",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3313d70b-7a91-416d-b50a-85eb10d9bb3a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "net cash position: $335m",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-3f3f-7598-93ed-c6f4e77acdfc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.4,
        "x": 0.05,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "Source: Company filings, Marcato estimates. See appendix for footnotes.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1be1ed8b-f81c-4b14-8d1a-106767580c1a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.8,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "DECKERS WILL FAIL TO ACHIEVE BOARD'S STATED 1.0X LEVERAGE TARGET",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6fbac767-fd65-47fc-a105-05c0a0bc06e0",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "4f7cb1a8-1fd7-4e1b-b843-a1fc1d949369",
      "evidence": "DECKERS WILL FAIL TO ACHIEVE BOARD'S STATED 1.0X LEVERAGE TARGET",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "waterfall-bridge",
      "slug": null,
      "matchId": "acf0cff8-3d28-459d-9a1b-f7eccd10d616",
      "evidence": "The chart visualizes the bridge between starting cash and ending cash through inflows and outflows.",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}