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  "documentTitle": "Arconic Inc. (ARNC)",
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  "notes": "Uses PCC as a benchmark to highlight an underperformance contradiction in EPS.",
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      "text": "EPS product mix – more fastener and casting sales, fewer forgings – actually suggests margins should be higher not lower than PCC",
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      "text": "operating margin: 34%",
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      "text": "Source: Alcoa 10-K 2010-2014; PCC 10-K 2010-2014. Note: PCC operating margins by segment are based on 5 year average operating margins; Fasteners defined as PCC's Airframe segment",
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