{
  "docId": "019de076-c6f8-7286-b9ef-c595ef417722",
  "docSlug": "153ef78105ea6c900f2a4964d2201fad",
  "documentTitle": "Crocs | Results Presentation Deck | 41 slides",
  "authorId": "crocs",
  "authorName": "Crocs",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 24,
  "pageCount": 41,
  "prevPage": 23,
  "nextPage": 25,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 6,
  "notes": "The chart shows a clear downward trend in net leverage ratio from 2.1x to 1.3x, landing within the stated long-term target range.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de076-c6f8-7286-b9ef-c595ef417722/24",
  "deckHref": "/decks/019de076-c6f8-7286-b9ef-c595ef417722",
  "deckJsonHref": "/decks/019de076-c6f8-7286-b9ef-c595ef417722.json",
  "deckAnchorHref": "/decks/019de076-c6f8-7286-b9ef-c595ef417722#slide-24",
  "components": [
    {
      "bbox": {
        "h": 0.7,
        "w": 0.7,
        "x": 0.28,
        "y": 0.15
      },
      "kind": "chart",
      "text": "Net Leverage Ratio",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3825371e-5f69-438c-a244-c97f6dbf0456",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.25,
        "x": 0.02,
        "y": 0.17
      },
      "kind": "list",
      "text": "Committed to quickly deleveraging - repaid $1.2B since the acquisition; 2023 repayment $666M; $277M in Q4. We are in the range of our long-term net leverage target. 2023 share repurchase of $175M; $25M of shares in Q4. At end of year $875M authorization remaining.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c787a035-5627-4210-a9fb-7a5ffdcf2b5a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.75,
        "x": 0.16,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "Net leverage ratio is a Non-GAAP Financial Measure, calculated as: EBITDA as calculated consistent with debt covenants divided by the sum of (1) gross debt less (2) cash and cash equivalents",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "72fd8a5c-234f-4cc5-9e6f-79f5c0d3d5e6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.3,
        "x": 0.02,
        "y": 0.07
      },
      "kind": "title",
      "text": "Capital Allocation",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0a2b6fdb-55c9-4495-a273-279928acc6ab",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "32d201e8-9b02-40ff-b5ca-eeb15bd2eb34",
      "evidence": "The slide uses a list/bullet format to present information about Capital Allocation priorities.",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "capital-allocation-framework",
      "slug": null,
      "matchId": "9918dea1-f981-4f8e-9420-5eba7222954f",
      "evidence": "The slide explicitly discusses debt repayment and share repurchases as key pillars of capital allocation.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 24,
      "from": 16,
      "beatId": "6ebc3b01-457d-4803-bb30-19841f6a7cb4",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "Financial Review and 2023 Financial Highlights",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}