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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay Versus Performance
The following table sets forth additional compensation information of our Principal Executive Officer (PEO) and our other (non-PEO) NEOs along with total shareholder return, net income, and GAAP revenue growth performance results for our fiscal years 2020, 2021 and 2022.
Year(1)
Summary
Comp Table
Total
for PEO (2)
Compensation
Actually Paid
to PEO(3)(4)
Average
Summary
Comp Table
Total for
non-PEO
NEOs(2)
Average
Compensation
Actually
Paid to
non-PEO
NEOs(3)(5)
Company’s
Total
Shareholder
Return(6)
Peer Group
Total
Shareholder
Return(6)
GAAP
Net
Income

GAAP
REVENUE
GROWTH(7)
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
2022
$4,240,158
($505,820)
$1,875,468
$597,626
$142
$123
$40,400,000
13%
2021
$5,201,766
$11,184,818
$1,754,208
$4,029,427
$245
$219
$119,500,000
50%
2020
$3,417,579
$5,684,347
$1,571,782
$2,441,747
$135
$145
$77,600,000
31%
(1)
NEOs included in the above compensation columns reflect the following:
Year
PEO #1
Non-PEO NEOs
2022
Mr. Scholhamer
Messrs. Chinnasami, Cook, and McKibben and Ms. Savage
2021
Mr. Scholhamer
Messrs. Chinnasami, Williams, and Bentick and Ms. Savage
2020
Mr. Scholhamer
Messrs. Chinnasami, Williams, and Bentick and Ms. Savage
(2)
Amounts reported in this column represent (i) the total compensation as reported in the Summary Compensation Table for the applicable year in the case of Mr. Scholhamer (for each year where he served as principal executive officer) and (ii) the average of the total compensation as reported in the Summary Compensation Table for the Company’s other NEOs for the applicable year.
(3)
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine “compensation actually paid” as reported in the Pay versus Performance Table. “Compensation actually paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. In general, “compensation actually paid” is calculated as Summary Compensation Table total compensation adjusted to include the fair market value of equity awards as of last day of the applicable fiscal year or, if earlier, the vesting date (rather than the grant date).
(4)
Compensation Actually Paid to PEO (Mr. Scholhamer) reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
2022
2021
2020
Total Reported in Summary Compensation Table (SCT)
$4,240,158
$5,201,766
$3,417,579
Less, value of Stock Awards reported in SCT
($2,598,339)
($3,682,347)
($1,999,988)
Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding
$2,698,404
$3,934,688
$4,079,871
Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested
($8,172,522)
$64,592
($1,454,473)
Plus, FMV of Awards Granted this Year and that Vested this Year
​$0
​$0
​$0
Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year
$3,326,480
$5,666,119
$1,641,358
Less Prior Year Fair Value of Prior Year awards that Failed to vest this year
​$0
​$0
​$0
Total Adjustments
($4,745,978)
$5,983,052
$2,266,768
Actual Compensation Paid
($505,820)
$11,184,818
$5,684,347
(5)
The average Compensation Actually Paid to the non-PEO NEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
2022
2021
2020
Total Reported in Summary Compensation Table (SCT)
$1,875,468
$1,754,208
$1,571,782
Less, value of Stock Awards reported in SCT
($976,788)
($877,559)
($709,979)
Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding
$903,986
$940,546
$1,448,319
Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested
($2,083,659)
$92,548
($376,816)
Plus, FMV of Awards Granted this Year and that Vested this Year
​$0
$0
$0
Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year
$878,620
$2,119,683
$508,440
Less Prior Year Fair Value of Prior Year awards that Failed to vest this year
​$0
​$0
​$0
Total Adjustments
($1,277,842)
$2,275,219
$869,965
Actual Compensation Paid
$597,626
$4,029,427
$2,441,747
(6)
Peer group TSR reflects the RDG Semiconductor Composite Index performance as reflected in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 pursuant to Item 201(e) of Regulation S-K. For the Company and peer group TSR, each year reflects what the cumulative value of $100 would be, including reinvestment of dividends, if such amount were invested on December 28, 2019.
(7)
GAAP Revenue Growth is used as the Company selected metric and it is part of our annual incentive program and the primary component of our PSUs which measures relative revenue growth against a select group of performance peers.
   
Company Selected Measure Name GAAP Revenue Growth    
Named Executive Officers, Footnote [Text Block]
(1)
NEOs included in the above compensation columns reflect the following:
Year
PEO #1
Non-PEO NEOs
2022
Mr. Scholhamer
Messrs. Chinnasami, Cook, and McKibben and Ms. Savage
2021
Mr. Scholhamer
Messrs. Chinnasami, Williams, and Bentick and Ms. Savage
2020
Mr. Scholhamer
Messrs. Chinnasami, Williams, and Bentick and Ms. Savage
   
Peer Group Issuers, Footnote [Text Block]
(6)
Peer group TSR reflects the RDG Semiconductor Composite Index performance as reflected in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 pursuant to Item 201(e) of Regulation S-K. For the Company and peer group TSR, each year reflects what the cumulative value of $100 would be, including reinvestment of dividends, if such amount were invested on December 28, 2019.
   
PEO Total Compensation Amount $ 4,240,158 $ 5,201,766 $ 3,417,579
PEO Actually Paid Compensation Amount $ (505,820) 11,184,818 5,684,347
Adjustment To PEO Compensation, Footnote [Text Block]
(4)
Compensation Actually Paid to PEO (Mr. Scholhamer) reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
2022
2021
2020
Total Reported in Summary Compensation Table (SCT)
$4,240,158
$5,201,766
$3,417,579
Less, value of Stock Awards reported in SCT
($2,598,339)
($3,682,347)
($1,999,988)
Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding
$2,698,404
$3,934,688
$4,079,871
Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested
($8,172,522)
$64,592
($1,454,473)
Plus, FMV of Awards Granted this Year and that Vested this Year
​$0
​$0
​$0
Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year
$3,326,480
$5,666,119
$1,641,358
Less Prior Year Fair Value of Prior Year awards that Failed to vest this year
​$0
​$0
​$0
Total Adjustments
($4,745,978)
$5,983,052
$2,266,768
Actual Compensation Paid
($505,820)
$11,184,818
$5,684,347
   
Non-PEO NEO Average Total Compensation Amount $ 1,875,468 1,754,208 1,571,782
Non-PEO NEO Average Compensation Actually Paid Amount $ 597,626 4,029,427 2,441,747
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(5)
The average Compensation Actually Paid to the non-PEO NEOs reflects the following adjustments from Total compensation reported in the Summary Compensation Table:
2022
2021
2020
Total Reported in Summary Compensation Table (SCT)
$1,875,468
$1,754,208
$1,571,782
Less, value of Stock Awards reported in SCT
($976,788)
($877,559)
($709,979)
Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding
$903,986
$940,546
$1,448,319
Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested
($2,083,659)
$92,548
($376,816)
Plus, FMV of Awards Granted this Year and that Vested this Year
​$0
$0
$0
Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year
$878,620
$2,119,683
$508,440
Less Prior Year Fair Value of Prior Year awards that Failed to vest this year
​$0
​$0
​$0
Total Adjustments
($1,277,842)
$2,275,219
$869,965
Actual Compensation Paid
$597,626
$4,029,427
$2,441,747
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Relationship Between the Company’s Pay and Performance:
Below are graphs showing the relationship of “compensation actually paid” (CAP) to our Chief Executive Officer and other named executive officers in 2020, 2021 and 2022 to (1) TSR of both the Company and the RDG Semiconductor Composite Index, (2) the Company’s net income and (3) the Company’s GAAP revenue growth.
graphic
   
Compensation Actually Paid vs. Net Income [Text Block]
Relationship Between the Company’s Pay and Performance:
Below are graphs showing the relationship of “compensation actually paid” (CAP) to our Chief Executive Officer and other named executive officers in 2020, 2021 and 2022 to (1) TSR of both the Company and the RDG Semiconductor Composite Index, (2) the Company’s net income and (3) the Company’s GAAP revenue growth.
graphic
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Relationship Between the Company’s Pay and Performance:
Below are graphs showing the relationship of “compensation actually paid” (CAP) to our Chief Executive Officer and other named executive officers in 2020, 2021 and 2022 to (1) TSR of both the Company and the RDG Semiconductor Composite Index, (2) the Company’s net income and (3) the Company’s GAAP revenue growth.
graphic
   
Total Shareholder Return Vs Peer Group [Text Block]
Relationship Between the Company’s Pay and Performance:
Below are graphs showing the relationship of “compensation actually paid” (CAP) to our Chief Executive Officer and other named executive officers in 2020, 2021 and 2022 to (1) TSR of both the Company and the RDG Semiconductor Composite Index, (2) the Company’s net income and (3) the Company’s GAAP revenue growth.
graphic
   
Tabular List [Table Text Block]
The following is a list of financial performance and non-financial performance measures, which in the Company’s assessment, represent the most important measures used by the Company to link compensation actually paid to the NEOs for 2022:
(i)
GAAP Revenue Growth
(ii)
Non-GAAP Adjusted Operating Margin
(iii)
Relative Total Shareholder Return
(iv)
Free Cash Flow
(v)
Strategic Programs (ERP implementation, expense reduction, site optimization and product transition goals)
(vi)
Human Capital Goals
For additional details regarding these performance measures, please see the sections titled “Fiscal 2022 Cash Incentive Bonuses” and “Equity Compensation” in our Compensation Discussion and Analysis elsewhere in this Proxy Statement.
   
Total Shareholder Return Amount $ 142 245 135
Peer Group Total Shareholder Return Amount 123 219 145
Net Income (Loss) $ 40,400,000 $ 119,500,000 $ 77,600,000
Company Selected Measure Amount 0.13 0.50 0.31
PEO Name Mr. Scholhamer Mr. Scholhamer Mr. Scholhamer
Additional 402(v) Disclosure [Text Block]
As highlighted in our CD&A, one of our primary principles of our compensation program is to ensure that there is a substantial portion of compensation of executive officer pay that is at-risk and is highly dependent on the Company’s short-term and long-term financial, operation, and stock price performance.
For our executives, over 40% of their opportunity is tied to long-term equity incentives which will depend on our revenue growth and share price performance while roughly 20% of our executive pay is tied to annual financial and operational performance. We expect a stronger correlation to stock price performance and revenue growth through the combination of (a) having a significant portion of our pay tied to long-term incentives and (b) using PSUs linked to revenue growth and relative TSR as part of our annual long-term incentive mix. This relationship is highlighted in more detail in the next section.
   
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name GAAP Revenue Growth    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Non-GAAP Adjusted Operating Margin    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Relative Total Shareholder Return    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Free Cash Flow    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Strategic Programs (ERP implementation, expense reduction, site optimization and product transition goals)    
Measure [Axis]: 6      
Pay vs Performance Disclosure [Table]      
Measure Name Human Capital Goals    
PEO [Member] | Total Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (4,745,978) $ 5,983,052 $ 2,266,768
PEO [Member] | Value of Stock Awards Reported in SCT [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,598,339) (3,682,347) (1,999,988)
PEO [Member] | Year-End Value of Awards Granted in Fiscal Year that are Unvested and Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 2,698,404 3,934,688 4,079,871
PEO [Member] | Change in Fair Value of Prior Year Awards that are Outstanding and Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (8,172,522) 64,592 (1,454,473)
PEO [Member] | FMV of Awards Granted this Year and that Vested this Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 3,326,480 5,666,119 1,641,358
PEO [Member] | Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Total Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,277,842) 2,275,219 869,965
Non-PEO NEO [Member] | Value of Stock Awards Reported in SCT [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (976,788) (877,559) (709,979)
Non-PEO NEO [Member] | Year-End Value of Awards Granted in Fiscal Year that are Unvested and Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 903,986 940,546 1,448,319
Non-PEO NEO [Member] | Change in Fair Value of Prior Year Awards that are Outstanding and Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,083,659) 92,548 (376,816)
Non-PEO NEO [Member] | FMV of Awards Granted this Year and that Vested this Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 878,620 2,119,683 508,440
Non-PEO NEO [Member] | Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ 0 $ 0