Pay versus Performance

The following table provides information required by Item 402(v) of Regulation

S-K.

For information regarding the Company’s

pay-for-performance

philosophy and how the Company aligns executive compensation with the Company’s performance, see “Executive Compensation – Compensation Discussion and

Analysis.”


Year	Summary Compensation Table Total for PEO (1)		Compensation Actually Paid to PEO (3)		Average Summary Compensation Table Total for non-PEO Named Executive Officers (2)		Average Compensation Actually Paid to non-PEO Named Executive Officers (3)		Value of Initial Fixed $100 Investment Based On: (4)			Net Income		Economic EBIT Yield (6)
Year	Summary Compensation Table Total for PEO (1)		Compensation Actually Paid to PEO (3)							Total Shareholder Return	Peer Group Total Shareholder Return (5)	Net Income		Economic EBIT Yield (6)
2022		3,533,534		4,349,809		1,237,690		1,343,677		$128.19	$149.21		$9.3 million		15.3%
2021		1,490,015		1,574,706		972,945		1,249,779		$141.04	$161.79		($20.8 million)		12.1%
2020		539,957		539,957		1,908,335		1,731,535		$95.18	$113.71		($24.0 million)		10.2%

(1)	Ryan Greenawalt was our CEO for the years presented.

(2)	Other named executive officers consisted of Anthony Colucci and Craig Brubaker for fiscal 2022, and Anthony Colucci for fiscal 2021 and fiscal 2020.

(3)	Compensation “actually paid” is calculated in accordance with Item 402(v) of Regulation S-K. The tables below sets forth each adjustment made during each year presented in the table to calculate the compensation “actually paid” to our NEOs during each year in the table:


	2022				2021				2020

Adjustments to Determine Compensation “Actually Paid”	PEO		Other NEOs		PEO		Other NEO		PEO		Other NEO
Summary Compensation Table Amounts (Average Amounts for Other NEOs)		3,533,534		1,237,690		1,490,015		972,945		539,957		1,908,335
Deduction for amounts reported under the “Stock Awards” column in the Summary Compensation Table		1,786,644		454,060		395,882		154,645		N/A		819,000
Increase for fair value of awards granted during covered year that remain outstanding as of the end of the covered year end		2,651,305		643,623		480,573		187,729		N/A		642,200
Increase/deduction for change in fair value from prior year-end to covered year-end for all awards granted in a fiscal year prior to the covered fiscal year that were outstanding unvested at the end of the covered fiscal year		29,237		50,501		N/A		232,050		N/A		N/A
Increase/deduction for change in fair value from prior year-end to vesting date of awards granted prior to covered year that vested during covered year		19,149		33,075		N/A		11,700		N/A		N/A
Deduction of fair value of awards granted prior to covered year that were forfeited during covered year		—		—		—		—		—		—
Increase based upon incremental fair value of awards modified during year		—		—		—		—		—		—
Increase based on dividends or other earnings paid during covered year, prior to vesting date of award		—		—		—		—		—		—
Compensation Actually Paid		4,349,809		1,343,677		1,574,706		1,249,779		539,957		1,731,535

(4)	Assumes $100 invested in our common shares on February 14, 2020, and reinvestment of all dividends.

(5)

The peer group used by the Company for purposes of its compensation disclosure, as set forth in the Compensation Discussion & Analysis section, consists of the following companies: MRC Global Inc.; Herc Holdings Inc.; MarineMax, Inc.; Titan Machinery Inc.; NOW Inc.; OneWater Marine Inc.; Trinity Industries, Inc.; Global Industrial Company; Astec Industries, Inc.; DXP Enterprises, Inc.; America’s

Car-Mart,

Inc.; H&E Equipment Services, Inc.; and McGrath RentCorp.

(6)

Economic EBIT Yield is a measure assessing the Company’s performance with respect to its return on invested capital. For more information regarding Economic EBIT Yield, see Annex A. The executive comp program was not yet in place for the 2020 fiscal performance year, and the 2020 Economic EBIT Yield was calculated based on proforma Economic EBIT Yield for 2020 and invested capital as of December 31, 2020.

Named Executive Officers, Footnote [Text Block]

Anthony Colucci and Craig Brubaker for fiscal 2022, and Anthony Colucci for fiscal 2021 and fiscal 2020.

PEO Total Compensation Amount

$ 3,533,534

$ 1,490,015

$ 539,957

Adjustment To PEO Compensation, Footnote [Text Block]

Compensation “actually paid” is calculated in accordance with Item 402(v) of Regulation

S-K.

The tables below sets forth each adjustment made during each year presented in the table to calculate the compensation “actually paid” to our NEOs during each year in the table:


	2022				2021				2020

Adjustments to Determine Compensation “Actually Paid”	PEO		Other NEOs		PEO		Other NEO		PEO		Other NEO
Summary Compensation Table Amounts (Average Amounts for Other NEOs)		3,533,534		1,237,690		1,490,015		972,945		539,957		1,908,335
Deduction for amounts reported under the “Stock Awards” column in the Summary Compensation Table		1,786,644		454,060		395,882		154,645		N/A		819,000
Increase for fair value of awards granted during covered year that remain outstanding as of the end of the covered year end		2,651,305		643,623		480,573		187,729		N/A		642,200
Increase/deduction for change in fair value from prior year-end to covered year-end for all awards granted in a fiscal year prior to the covered fiscal year that were outstanding unvested at the end of the covered fiscal year		29,237		50,501		N/A		232,050		N/A		N/A
Increase/deduction for change in fair value from prior year-end to vesting date of awards granted prior to covered year that vested during covered year		19,149		33,075		N/A		11,700		N/A		N/A
Deduction of fair value of awards granted prior to covered year that were forfeited during covered year		—		—		—		—		—		—
Increase based upon incremental fair value of awards modified during year		—		—		—		—		—		—
Increase based on dividends or other earnings paid during covered year, prior to vesting date of award		—		—		—		—		—		—
Compensation Actually Paid		4,349,809		1,343,677		1,574,706		1,249,779		539,957		1,731,535

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,343,677

1,249,779

1,731,535

Compensation Actually Paid vs. Total Shareholder Return [Text Block]

•

Relationship Between Compensation Actually Paid to our PEO and the Average of the Compensation Actually Paid to the Other NEOs and the Company’s Cumulative TSR

. From 2020 to 2022, the compensation actually paid to our PEO and the average of the compensation actually paid to the Other NEOs increased by 706% (or 593% including only the equity grants made for 2022 performance) and decreased by 22%, respectively, compared to a:

•

28% increase in our TSR over the same time period

•

139% increase in our Net Income over the same time period

•

50% increase in our Economic EBIT Yield over the three-year period.

Tabular List [Table Text Block]

Tabular List of Most Important Financial Performance Measures

The following is a list of the financial performance measures that we believe are the most important financial performance measures used to link NEO compensation to company performance. For more information, see “Executive Compensation – Compensation Discussion & Analysis” in this proxy statement. Although we do not in practice use any performance measures to link compensation “actually paid” (as calculated herein) to company performance, we are providing this list in accordance with Item 402(v) of

Regulation S-K

to provide information on performance measures used by the Compensation Committee to determine NEO compensation.

•

Economic EBIT Yield

•

Adjusted

Pre-Tax

Net Income