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  "notes": "Draft Working Materials - Subject to Change. Includes footnotes regarding mid-year convention and sensitivity case assumptions.",
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      "text": "1) Assumes mid-year convention, discounted back to 3/31/16; based on balance sheet as of 3/31/16 (net debt of $1,121mm), equity in affiliates of $25mm\n2) Sensitivity Case assumes $40mm reduction in revenue flowing through EBITDA",
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      "text": "Sensitivity analysis table showing Equity Value Per Share across varying WACC and LTM Terminal EBITDA Multiples.",
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      "text": "Saturn Discounted Cash Flow Analysis – Based on Sensitivity Case",
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