{
  "docId": "019de513-3714-712e-93a8-f3fcd9b856cc",
  "docSlug": "a75a336c5ddfb96deec3b3929e72ee50",
  "documentTitle": "Owens&Minor | Investor Conference Presentation Deck | 21 slides",
  "authorId": "owens-minor",
  "authorName": "Owens & Minor",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 12,
  "pageCount": 21,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 4,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de513-3714-712e-93a8-f3fcd9b856cc/12",
  "deckHref": "/decks/019de513-3714-712e-93a8-f3fcd9b856cc",
  "deckJsonHref": "/decks/019de513-3714-712e-93a8-f3fcd9b856cc.json",
  "deckAnchorHref": "/decks/019de513-3714-712e-93a8-f3fcd9b856cc#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.5,
        "w": 0.85,
        "x": 0.06,
        "y": 0.0028
      },
      "kind": "list",
      "text": "Free Cash Flow has grown at a 36% CAGR under management team; Expecting to generate ~$400m of FCF in FY22; Pro Forma TTM net leverage of 3.7x (post-Apria acquisition); Capital allocation will prioritize debt reduction; Expect to return to 2x-3x leverage",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2558f4bf-0fde-4434-8764-b0645a211414",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.55,
        "x": 0.07,
        "y": 0.86
      },
      "kind": "source-note",
      "text": "Reconciliations for Non-GAAP measures... Free Cash Flow defined as Adjusted EBITDA less capital expenditures... Net leverage = Net Debt/Pro Forma Adjusted EBITDA",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "79271083-cd3e-45a1-b07e-85d17f9802f8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.86,
        "x": 0.07,
        "y": 0.04
      },
      "kind": "title",
      "text": "Strong FCF Profile Provides Ability to Significantly Reduce Debt",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "303d448f-8dc9-4a25-90ce-0cdb87192c71",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.25,
        "x": 0.08,
        "y": 0.00165
      },
      "kind": "title",
      "text": "Balance Sheet and Cash Flow",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bff346c3-5861-4d94-a8c9-561d0a9278ae",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "capital-allocation-framework",
      "slug": null,
      "matchId": "7b25b8bf-501c-4ba2-b221-07008bae3bff",
      "evidence": "Slide outlines prioritization of debt reduction and reinvestment for growth.",
      "confidence": 0.8
    }
  ],
  "arcBeats": [
    {
      "to": 12,
      "from": 10,
      "beatId": "73734548-f2f0-4815-ba0f-3974fcb39464",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Competition",
      "beatSlug": "sequoia-pitch-competition",
      "evidence": "The presentation discusses the company's diverse revenue and earnings profile covering the spectrum of care.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 14,
      "from": 3,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "03a285cd-3431-4999-85cf-6fb229466ba1",
      "evidence": "The presentation uses a golden circle framework to explain why Owens & Minor is a good investment opportunity, by highlighting its purpose, benefits, and results.",
      "position": 0,
      "objective": "Why Owens & Minor is a good investment opportunity",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    },
    {
      "to": 12,
      "from": 10,
      "name": "Mece Breakdown",
      "slug": "40-mece-breakdown",
      "bestFor": "Problem structuring, ensuring completeness, strategic analysis",
      "matchId": "2861b08f-8502-428e-9dfe-ec7bdc6fa9c5",
      "evidence": "The presentation breaks down the company's revenue and earnings profile into different segments, showing how they contribute to stability.",
      "position": 2,
      "objective": "How Owens & Minor's diverse revenue and earnings profile creates stability",
      "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
      "confidence": 0.6,
      "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}