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  "documentTitle": "Floor & Decor Holdings, Inc. (FND)",
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  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-07-01 00:00:00",
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  "notes": "The slide uses a side-by-side table comparison to show the loss of disclosure detail.",
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      "text": "Given our concerns about FND's leasing strategy and that a large amount of leases having become legally binding but not yet recorded on the balance sheet, we observe that FND ceased providing the supplemental balance sheet with information related to operating leases. We find this reduced disclosure troubling.",
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      "text": "Source: 2020 and 2022 10-K",
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      "text": "Last Supplemental Disclosure Through 2022 table",
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      "text": "FND Recently Ceased Key Supplemental Disclosures of Operating Leases",
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