{
  "docId": "019de076-962d-751b-b0a4-ed9261e8a0b6",
  "docSlug": "0e203c7500d5223ed1bdaf402654706e",
  "documentTitle": "Crocs | Investor Presentation Deck | 29 slides",
  "authorId": "crocs",
  "authorName": "Crocs",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 24,
  "pageCount": 29,
  "prevPage": 23,
  "nextPage": 25,
  "slideType": "traction",
  "function": "show_traction",
  "density": "dense",
  "nDataPoints": 7,
  "notes": "The chart tracks leverage from PF YE 2022 through Q4 2023E, with a target range for the future.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de076-962d-751b-b0a4-ed9261e8a0b6/24",
  "deckHref": "/decks/019de076-962d-751b-b0a4-ed9261e8a0b6",
  "deckJsonHref": "/decks/019de076-962d-751b-b0a4-ed9261e8a0b6.json",
  "deckAnchorHref": "/decks/019de076-962d-751b-b0a4-ed9261e8a0b6#slide-24",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.7,
        "x": 0.27,
        "y": 0.18
      },
      "kind": "chart",
      "text": "Gross Leverage Ratio",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5a57df09-0a8d-46d2-ab82-a58bf033e9ac",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.25,
        "x": 0.03,
        "y": 0.235
      },
      "kind": "list",
      "text": "Net debt paydown of $277M in Q4 2023 bringing 2023E full-year pay down to $665M\nRepaid $1.2B since the HEYDUDE acquisition\nMet the upper-bound of LT target to get to 1.0x-1.5x net leverage",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "273832d1-7a8a-47a9-90f6-655f6a206f42",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.75,
        "x": 0.23,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "1. Gross leverage ratio calculated consistent with debt covenants.\n2. Pro forma (\"PF\") includes HEYDUDE revenues for the period prior to acquisition close (assuming the acquisition had closed on January 1, 2022.)\n3. See reconciliation to GAAP equivalents in Appendix.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "89c1e185-a320-437e-adb4-519c97f211be",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.94,
        "x": 0.03,
        "y": 0.04
      },
      "kind": "title",
      "text": "Significant Cash Flow Generation Fuels Rapid Deleveraging",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d188cbd4-c5f8-4c19-98a9-ae1661f77749",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "b792fb35-36d6-4136-99c2-9d7fb43ee429",
      "evidence": "The slide features a bar chart titled 'Gross Leverage Ratio', which could be a type of waterfall chart.",
      "confidence": 0.8
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}