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  "docSlug": "954987ce0454",
  "documentTitle": "Mettler-Toledo International, Inc. (MTD)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-07-24 00:00:00",
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  "pageNumber": 46,
  "pageCount": 136,
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  "notes": "Uses visual cues (green checkmarks and red X) to contrast consistent vs inconsistent reporting.",
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      "kind": "callout",
      "text": "Mettler has a history of revenue recognition issues, but has never called out the problem. Here is one example we identified. How can it confuse the difference between the sale of a product and service?",
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      "kind": "disclaimer",
      "text": "Note: MTD includes the boilerplate disclosure \"Certain reclassifications have been made to prior year amounts to conform to the current year presentation\" without ever elaborating.",
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      "kind": "paragraph",
      "text": "Mettler has a history of revenue recognition issues, but has never called out the problem. Here is one example we identified. How can it confuse the difference between the sale of a product and service?",
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      "kind": "source-note",
      "text": "Source: 2011 10-K",
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      "kind": "source-note",
      "text": "Source: 2012 10-K",
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      "kind": "table",
      "text": "A breakdown of the Company's sales by category for the years ended December 31 follows:",
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      "kind": "title",
      "text": "Undisclosed Revenue Restatement",
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