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  "documentTitle": "Outerwall Inc. (OUTR)",
  "authorId": "09_Engaged_Capital",
  "authorName": "Engaged Capital",
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  "presentationDate": "2016-02-18 00:00:00",
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  "notes": "The chart uses a stacked bar for 2015 to break down the components of the $663M loss.",
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      "kind": "callout",
      "text": "Over the past four years OUTR has spent $663 million on failed growth ventures...over 130% of OUTR’s current market value!",
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      "text": "Cumulative Losses: $663 million",
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      "text": "Includes EBITDA losses, capital expenditures, acquisition costs, and equity investments. Source: public filings",
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      "text": "OUTR’s Stock Embeds A “Capital Allocation Discount” Due to the Board’s History of Backing Failed Growth Ventures",
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