{
  "docId": "019dd923-622c-750b-8b98-58a1b82469f3",
  "docSlug": "c4de14509091",
  "documentTitle": "MGP Ingredients, Inc. (MGPI)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2017-01-12 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 43,
  "pageCount": 53,
  "prevPage": 42,
  "nextPage": 44,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 36,
  "notes": "The slide uses red circles to highlight inconsistent financial figures across different reporting sources.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "comparison_table"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b98-58a1b82469f3/43",
  "deckHref": "/decks/019dd923-622c-750b-8b98-58a1b82469f3",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b98-58a1b82469f3.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-58a1b82469f3#slide-43",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "The income statement disclosures and footnote disclosures of the ICP equity investment should match, but they often don't.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-2b64-7193-87fe-3776e92a6872",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.96,
        "x": 0.02,
        "y": 0.17
      },
      "kind": "paragraph",
      "text": "There are serious discrepancies in reporting and prior year restatements of related party purchases between MGPI and ICP. The income statement disclosures and footnote disclosures of the ICP equity investment should match, but they often don't",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7d5945cd-3da8-42f6-8b4c-4db4186a8bd4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.68,
        "w": 0.96,
        "x": 0.02,
        "y": 0.25
      },
      "kind": "table",
      "text": "Comparison table of SEC filings showing discrepancies in related party purchase figures.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9fea888c-835e-4d39-a194-4772b9e69fb4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.68,
        "x": 0.28,
        "y": 0.02
      },
      "kind": "title",
      "text": "Related-Party Purchases Not Adding Up, Quietly Being Restated Higher in 2016",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "eface8b3-893f-4310-910a-de6f6a95135a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "c9fc10be-b495-495e-b9dd-29802e69e2e7",
      "evidence": "The slide explicitly identifies discrepancies in financial reporting to suggest potential accounting manipulation.",
      "confidence": 0.95
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}