{
  "docId": "019dd923-622b-71dc-a6dc-95d02b976161",
  "docSlug": "4b852ffa1ce3",
  "documentTitle": "Edgewater Technology, Inc. (EDGW)",
  "authorId": "21_Ancora",
  "authorName": "Jim Chadwick",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2017-01-24 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 20,
  "pageCount": 35,
  "prevPage": 19,
  "nextPage": 21,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "overcrowded",
  "nDataPoints": 20,
  "notes": "The slide uses a dual-chart layout to visually correlate poor company performance with high executive pay.",
  "elementsJson": [
    "headline_text",
    "bullet_list",
    "bar_chart_grouped",
    "bar_chart_vertical",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6dc-95d02b976161/20",
  "deckHref": "/decks/019dd923-622b-71dc-a6dc-95d02b976161",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dc-95d02b976161.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-95d02b976161#slide-20",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "From 2011-2015, ROC has declined as the Company executed $34.2 million of acquisitions, while the CEO and CTO enriched themselves at the shareholders' expense",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-0395-748f-955f-450a201ca33f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.85,
        "x": 0.09,
        "y": 0.23
      },
      "kind": "chart",
      "text": "Edgewater's vs. NA IT Peers Return on Capital(2)",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "92aa5564-9fff-4c8e-a499-b03a54d6f89c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.85,
        "x": 0.09,
        "y": 0.55
      },
      "kind": "chart",
      "text": "Edgewater's CEO and CTO Compensation(3)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4c42f521-645a-404b-82de-3f89669d1212",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Return on Capital: 2.8%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-0395-748f-955f-4a9046e8fc49",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.85,
        "x": 0.09,
        "y": 0.14
      },
      "kind": "paragraph",
      "text": "From 2011-2015, ROC has declined as the Company executed $34.2 million of acquisitions, while the CEO and CTO enriched themselves at the shareholders' expense",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "01101b85-eea8-4910-9d1c-8f284b18b4ab",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.05,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "(1) Source: All data from CapIQ; (2) EDGW LTM Sep 30, 2016 ROC has declined to 2.5%; (3) Compensation in millions",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e1376d46-04b9-4724-8327-a9be7a93aa69",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.45,
        "x": 0.05,
        "y": 0.06
      },
      "kind": "title",
      "text": "Prolonged Underperformance Continued(1)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bf87a202-b33c-48a2-aafd-297d82f6eec1",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "expose_contradiction",
      "slug": null,
      "matchId": "d9708634-84d5-446a-b5d2-09739b56b411",
      "evidence": "The slide explicitly contrasts declining ROC with increasing executive compensation to argue for mismanagement.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 24,
      "from": 15,
      "beatId": "370c35c6-ef07-4efe-ba1a-20bb40a219a3",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Agitate (Make it worse)",
      "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
      "evidence": "The document then agitates the problem by highlighting excessive executive compensation and poor corporate governance",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [
    {
      "to": 20,
      "from": 14,
      "name": "Pattern Hunter",
      "slug": "02-pattern-hunter",
      "bestFor": "Time-pressed audiences, building consensus, when data is strong",
      "matchId": "edbe511a-8c8a-4947-9451-7e59449e1c43",
      "evidence": "The document uses peer benchmarks to demonstrate Edgewater's underperformance",
      "position": 0,
      "objective": "To demonstrate Edgewater's prolonged underperformance",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
      "confidence": 0.7,
      "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
    },
    {
      "to": 24,
      "from": 15,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "204b94dc-a68d-40c7-ae8b-c0891be10ef9",
      "evidence": "The document highlights the negative consequences of inaction, including continued underperformance",
      "position": 2,
      "objective": "To highlight the cost of inaction",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}