XML 32 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Pay vs Performance Disclosure - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]          
Pay vs Performance [Table Text Block]    
Value of Initial Fixed $100 Investment Based On:
Year (a)Summary Compensation Table Total for CEO1 (b)Compensation Actually Paid to CEO1 (c)(1)(2)Summary Compensation Table Total for CEO2 (d)Compensation Actually Paid to CEO2 (e)(1)(2)Average Summary Compensation Table Total for Other NEOs (f)Average Compensation Actually Paid to Other NEOs (g)(1)(2)Total Shareholder Return (h)(3)Peer Group Total Shareholder Return (i)(3)Net Income (j)(4)Adjusted Operating Income (k)(5)
20222,731,884 3,176,782 — — 867,997 970,114 107.10 126.63 (21,971,000)36,600,000 
20214,229,714 5,910,435 — — 819,180 935,837 126.82 131.78 23,732,000 53,162,000 
20202,743,422 7,169,957 708,219 489,192 872,311 1,179,059 136.11 118.69 (37,049,000)23,932,000 
   
Company Selected Measure Name     Adjusted OI    
Named Executive Officers, Footnote [Text Block]     Harold Bevis served as our President and Chief Executive Officer (CEO1) for the full year for each 2022 and 2021, and from March-December 2020. Patrick Miller served as our Chief Executive Officer (CEO2) from January-March 2020. Our non-CEO named executive officers (NEOs) included (a) for 2022,Christopher H. Bohnert, Andy Cheung, Aneezal H. Mohamed, Richard Tajer, Kristin S. Mathers; (b) for 2021, Christopher H. Bohnert, Aneezal H. Mohamed, Richard Tajer, Kristin S. Mathers, Douglas F. Bowen; (c) and for 2020, Christopher H. Bohnert, Douglas F. Bowen, C. Timothy Trenary, and Edmund S. Carney.    
Adjustment To PEO Compensation, Footnote [Text Block]     For each year, the values included in these columns for the compensation actually paid to our CEO1 and CEO2 and the average compensation actually paid to our non-CEO NEOs reflect the following adjustments to the values included in columns (c), (e) and (g), respectively.
202220212020
CEOCEO 1CEO 1CEO 1CEO 2
Summary compensation table (SCT) total for CEO (column (b) and (d))$2,731,884 $4,229,714 $2,743,422 $708,219 
+ year-end fair value of equity awards granted in the covered year that were outstanding and unvested as of the covered year-end344,098 3,947,670 — 
-/+ year-over-year change in fair value of equity awards granted in prior years that are outstanding and unvested as of the covered year-end141,881 1,007,005 — 
+vesting date fair value of equity awards granted and vested in the covered year340,558 172,049 533,956 — 
-/+ year-over-year change in fair value of equity awards granted in prior years that vested in the covered year(37,541)157,569 (55,091)(219,027)
-fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year— — — — 
+excess fair value for equity award modifications— — — — 
Compensation Actually Paid to CEO (column (c) and (e))$3,176,782 $5,910,435 $7,169,957 $489,192 
   
Non-PEO NEO Average Total Compensation Amount     $ 867,997 $ 819,180 $ 872,311
Non-PEO NEO Average Compensation Actually Paid Amount     $ 970,114 935,837 1,179,059
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]     For each year, the values included in these columns for the compensation actually paid to our CEO1 and CEO2 and the average compensation actually paid to our non-CEO NEOs reflect the following adjustments to the values included in columns (c), (e) and (g), respectively.
Average SCT total for other NEOs202220212020
Summary compensation table (SCT) total for other NEOs (column (f))$867,997 $819,180 $872,311 
+ year-end fair value of equity awards granted in the covered year that were outstanding and unvested as of the covered year-end102,762 99,665 247,234 
-/+ year-over-year change in fair value of equity awards granted in prior years that are outstanding and unvested as of the covered year-end(6,249)(7,591)2,447 
+vesting date fair value of equity awards granted and vested in the covered year38,679 76,405 101,638 
-/+ year-over-year change in fair value of equity awards granted in prior years that vested in the covered year(22,795)(22,988)(446)
-fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year(10,280)(28,834)(44,125)
+excess fair value for equity award modifications— — — 
Compensation Actually Paid to other NEOs (column (g))$970,114 $935,837 $1,179,059 
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]     Graph1.jpg    
Compensation Actually Paid vs. Net Income [Text Block]     Graph2.jpg    
Compensation Actually Paid vs. Company Selected Measure [Text Block]     Graph3.jpg    
Total Shareholder Return Vs Peer Group [Text Block]     Graph1.jpg    
Tabular List [Table Text Block]    
Most Important Performance Measures
Operating Income Margin
New Sales
Operating Working Capital % of Sales
Total Stockholder Return (TSR)
Return On Investment Capital (ROIC)
   
Total Shareholder Return Amount     $ 107.10 126.82 136.11
Peer Group Total Shareholder Return Amount     126.63 131.78 118.69
Net Income (Loss)     $ (21,971,000) $ 23,732,000 $ (37,049,000)
Company Selected Measure Amount     36,600,000 53,162,000 23,932,000
PEO Name Patrick Miller Harold Bevis Harold Bevis Harold Bevis  
Additional 402(v) Disclosure [Text Block]    
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K (the "PvP Rules"), we are presenting the following information about the relationship between executive compensation actually paid and the Company's financial performance.

We disclose below pay versus performance information, including the relationship between executive compensation actually paid, as calculated by SEC rules, and the Company performance.
For each year, total shareholder return for the Company and the peer group was calculated in accordance with Item 201(e) and Item 402(v) of Regulation S-K. For purposes of this pay versus performance disclosure, our peer group is the "New Peer Group" as defined and used for purposes of the performance graph included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, see "Compensation Structure" for peer groups detail. Net income is rounded to the nearest thousand.Adjusted OI is calculated as described in Appendix A.
   
Measure [Axis]: 1          
Pay vs Performance Disclosure [Table]          
Measure Name     Operating Income Margin    
Measure [Axis]: 2          
Pay vs Performance Disclosure [Table]          
Measure Name     New Sales    
Measure [Axis]: 3          
Pay vs Performance Disclosure [Table]          
Measure Name     Operating Working Capital % of Sales    
Measure [Axis]: 4          
Pay vs Performance Disclosure [Table]          
Measure Name     Total Stockholder Return (TSR)    
Measure [Axis]: 5          
Pay vs Performance Disclosure [Table]          
Measure Name     Return On Investment Capital (ROIC)    
Harold Bevis [Member]          
Pay vs Performance Disclosure [Table]          
PEO Total Compensation Amount     $ 2,731,884 $ 4,229,714 $ 2,743,422
PEO Actually Paid Compensation Amount     3,176,782 5,910,435 7,169,957
Patrick Miller [Member]          
Pay vs Performance Disclosure [Table]          
PEO Total Compensation Amount         708,219
PEO Actually Paid Compensation Amount         489,192
PEO [Member] | Harold Bevis [Member] | Equity Awards Granted During the Year, Unvested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     344,098 3,947,670
PEO [Member] | Harold Bevis [Member] | Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     141,881 1,007,005
PEO [Member] | Harold Bevis [Member] | Equity Awards Granted During the Year, Vested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     340,558 172,049 533,956
PEO [Member] | Harold Bevis [Member] | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (37,541) 157,569 (55,091)
PEO [Member] | Harold Bevis [Member] | Equity Awards that Failed to Meet Vesting Conditions [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     0 0 0
PEO [Member] | Harold Bevis [Member] | Equity Awards, Equity Award Modifications, Excess Fair Value [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     0 0 0
PEO [Member] | Patrick Miller [Member] | Equity Awards Granted During the Year, Unvested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | Patrick Miller [Member] | Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | Patrick Miller [Member] | Equity Awards Granted During the Year, Vested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | Patrick Miller [Member] | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         (219,027)
PEO [Member] | Patrick Miller [Member] | Equity Awards that Failed to Meet Vesting Conditions [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
PEO [Member] | Patrick Miller [Member] | Equity Awards, Equity Award Modifications, Excess Fair Value [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount         0
Non-PEO NEO [Member] | Equity Awards Granted During the Year, Unvested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     102,762 99,665 247,234
Non-PEO NEO [Member] | Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (6,249) (7,591) 2,447
Non-PEO NEO [Member] | Equity Awards Granted During the Year, Vested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     38,679 76,405 101,638
Non-PEO NEO [Member] | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (22,795) (22,988) (446)
Non-PEO NEO [Member] | Equity Awards that Failed to Meet Vesting Conditions [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (10,280) (28,834) (44,125)
Non-PEO NEO [Member] | Equity Awards, Equity Award Modifications, Excess Fair Value [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     $ 0 $ 0 $ 0