{ "docId": "019de517-6c82-72ae-b596-3cd07bd74079", "docSlug": "0c3a3f6010f6faa3789661a10c1b678f", "documentTitle": "MP Materials | Results Presentation Deck | 17 slides", "authorId": "mp-materials", "authorName": "MP Materials", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-11-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 14, "pageCount": 17, "prevPage": 13, "nextPage": 15, "slideType": "revenue_buildup", "function": "decompose_segments", "density": "dense", "nDataPoints": 30, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de517-6c82-72ae-b596-3cd07bd74079/14", "deckHref": "/decks/019de517-6c82-72ae-b596-3cd07bd74079", "deckJsonHref": "/decks/019de517-6c82-72ae-b596-3cd07bd74079.json", "deckAnchorHref": "/decks/019de517-6c82-72ae-b596-3cd07bd74079#slide-14", "components": [ { "bbox": { "h": 0.04, "w": 0.11, "x": 0.85, "y": 0.9 }, "kind": "image", "text": "MP MATERIALS", "attrs": null, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f9b80cda-505c-4997-bb8c-95e1f839679c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.77, "x": 0.07, "y": 0.87 }, "kind": "source-note", "text": "1. Tax impact of adjustments is calculated using an adjusted effective tax rate, which excludes the impact of discrete tax costs and benefits, to each adjustment. The adjusted effective tax rates were 29.8%, 23.8% and 31.3% for the three months ended September 30, 2023 and 2022, and for the three months ended June 30, 2023, respectively.\n2. The Convertible Notes were antidilutive for both GAAP purposes and for the purposes of calculating Adjusted Diluted EPS for the three months ended September 30, 2023. The Convertible Notes were antidilutive for GAAP purposes for the three months ended June 30, 2023. For purposes of calculating Adjusted Diluted EPS, we have added back the assumed conversion of the Convertible Notes since they would not be antidilutive when using Adjusted Net Income as the numerator in the calculation of Adjusted Diluted EPS.\n3. The assumed conversion of restricted stock and restricted stock units was antidilutive for GAAP purposes for the three months ended September 30, 2023. For the purposes of calculating Adjusted Diluted EPS, we have added back the assumed conversion of restricted stock and restricted stock units since they would not be antidilutive when using Adjusted Net Income as the numerator in the calculation of Adjusted Diluted EPS.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ac04168a-92e3-4559-b4b0-da864b081589", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.6, "w": 0.89, "x": 0.08, "y": 0.22 }, "kind": "table", "text": "Diluted earnings (loss) per share\nAdjusted for:\nStock-based compensation expense\nStart-up costs\nTransaction-related and other non-recurring costs\nLoss on disposals of long-lived assets, net\nTax impact of adjustments above (1)\nRelease of valuation allowance\nAdjusted Diluted EPS\nBasic Weighted-Average Shares Outstanding\nAssumed conversion of Convertible Notes (2)\nAssumed conversion of restricted stock\nAssumed conversion of restricted stock units\nDiluted Weighted-Average Shares Outstanding (2)\nAssumed conversion of Convertible Notes (2)\nAssumed conversion of restricted stock(3)\nAssumed conversion of restricted stock units (3)\nAdjusted Diluted Weighted-Average Shares Outstanding (2)(3)", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8452bbfa-442c-4190-ad46-450d83f635e2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.82, "x": 0.04, "y": 0.08 }, "kind": "title", "text": "Reconciliation: Diluted Earnings (Loss) per Share to Adjusted Diluted EPS", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b9dd811d-2d7b-4878-88d1-307daebf9fdd", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Table data", "slug": "table-data", "agent": null, "layer": "slide", "matchId": "36e656cf-f3bb-4226-a789-fc400cb10ad9", "evidence": "table/data: Diluted earnings (loss) per share Adjusted for: Stock-based compensation expense Start-up costs Transaction-related and other non-recurring costs Loss on disposals of long-lived assets, net Tax impact of adju", "confidence": 0.9 } ], "frameworks": [], "arcBeats": [ { "to": 17, "from": 10, "beatId": "9b1e178b-f176-489d-8203-871713b59ee1", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Action", "beatSlug": "monroes-sequence-action", "evidence": "The appendix and detailed reconciliations provide supporting information for investors", "position": 3, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [ { "to": 17, "from": 10, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "6bb82ea1-7cd4-4a4b-9ce2-ff7abc133792", "evidence": "The detailed reconciliations and calculations provide a comprehensive view of the company's financial situation", "position": 1, "objective": "To highlight the benefits of MP Materials' strategy by providing detailed financial information", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }