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  "documentTitle": "Third Point Management | Activist Presentation Deck | 45 slides",
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  "authorName": "Third Point",
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  "presentationDate": "2018-10-01 00:00:00",
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  "density": "balanced",
  "nDataPoints": 10,
  "notes": "The chart uses a red color scheme to emphasize the negative trend in ROIC.",
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      "kind": "callout",
      "text": "Shareholders have endured substantial declines in ROIC under the incumbent Board",
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      "text": "Return on Invested Capital, %",
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      "text": "Note: Return on Invested Capital defined as Adj. EBIT (per Company) less 25% tax rate (per Company FY19 guidance), divided by average invested capital (per Bloomberg); same tax rate used across all periods for “apples-to-apples” comparison; FY19e based on mid-point of management guidance pre divestitures ($1.37-1.41b) and year-end FY18 invested capital (per Bloomberg) Source: Third Point LLC; Bloomberg",
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      "text": "RETURN ON INVESTED CAPITAL",
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