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Pay vs Performance Disclosure

12 Months Ended

Dec. 31, 2024

USD ($)

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Dec. 31, 2023

USD ($)

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Dec. 31, 2022

USD ($)

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Dec. 31, 2021

USD ($)

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Dec. 31, 2020

USD ($)

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Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table


					Value of initial fixed $100 investment based on:
Year	Summary compensation table total for PEO⁽¹⁾	Compensation actually paid to PEO⁽¹⁾⁽²⁾	Average summary compensation table total for non-PEO named executive officers	Average compensation actually paid to non-PEO named executive officers⁽⁸⁾	Total shareholder return⁽⁹⁾	Peer group total shareholder return⁽⁹⁾	Net income ($ in millions)	Company-Selected Measure (EBITDA) ($ in millions)
(a)	(b)	(c)	(d)	(e)	(f)	(g)	(h)	(i)
2024	12,242,076	14,682,098	2,509,427⁽³⁾	2,406,466⁽³⁾	423	188	424	655
2023	11,266,308	9,981,828	2,128,866⁽⁴⁾	2,013,515⁽⁴⁾	262	144	464	698
2022	5,216,156	5,469,741	1,113,786⁽⁵⁾	1,158,736⁽⁵⁾	201	118	454	664
2021	4,788,614	4,291,251	1,342,229⁽⁶⁾	1,218,966⁽⁶⁾	166	145	263	401
2020	4,896,312	2,914,446	1,294,503⁽⁷⁾	914,576⁽⁷⁾	127	121	122	222

(1)Ms. Mazzarella was PEO for all five years covered in the table.

(2)The dollar amounts reported in column (c) represent the amount of “compensation actually paid” to Ms. Mazzarella, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Ms. Mazzarella during the applicable year.

(3)Consisted of Messrs. Meyer, DeSousa, Geekie and Mansfield.

(4)Consisted of Messrs. Meyer, DeSousa, Geekie and Maxwell.

(5)Consisted of Messrs. Clifford (partial year), Meyer (partial year), DeSousa, Geekie and Mansfield.

(6)Consisted of Messrs. Clifford, DeSousa, Geekie and Mansfield.

(7)Consisted of Ms. Propst, and Messrs. Clifford, Geekie and Harwood.

(8)The dollar amounts reported in column (e) represent the average amount of “compensation actually paid” to the other named executive officers, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to the other named executive officers during the applicable year.

(9)The total shareholder return and peer group (Dow Jones U.S. Electrical Components & Equipment Total Market Index) total shareholder return are calculated in accordance with Item 201(e) of Regulation S-K (including assumed reinvestment of dividends) in the same manner as presented in our annual report to shareholders. 2022 total shareholder return reflects the declaration of a 15% stock dividend, issued in 2023. As required by this methodology, 2023 total shareholder return does not reflect the declaration of a 20% stock dividend, issued in 2024.

Company Selected Measure Name

EBITDA

Named Executive Officers, Footnote

Ms. Mazzarella was PEO for all five years covered in the table.

PEO Total Compensation Amount

$ 12,242,076

$ 11,266,308

$ 5,216,156

$ 4,788,614

$ 4,896,312

PEO Actually Paid Compensation Amount

14,682,098

9,981,828

5,469,741

4,291,251

2,914,446

Non-PEO NEO Average Total Compensation Amount

2,509,427

2,128,866

1,113,786

1,342,229

1,294,503

Non-PEO NEO Average Compensation Actually Paid Amount

$ 2,406,466

2,013,515

1,158,736

1,218,966

914,576

Compensation Actually Paid vs. Total Shareholder Return

Our “total shareholder return,” as set forth in the above table, during the five-year period ended December 31, 2024 increased by 233%, compared to (a) an increase in “compensation actually paid” to our CEO from $2,914,446 in 2020 to $14,682,098 in 2024 and (b) an increase in average “compensation actually paid” to our non-CEO NEOs from $914,576 in 2020 to $2,406,466 in 2024.

Compensation Actually Paid vs. Net Income

Our net income and EBITDA during the five-year period ended December 31, 2024 increased by 247% and 195%, respectively, compared to the previously mentioned changes in “compensation actually paid” to our CEO and non-CEO NEOs.

Compensation Actually Paid vs. Company Selected Measure

Total Shareholder Return Vs Peer Group

Our peer index “total shareholder return” increased by 55% over this same period.

Tabular List, Table

Tabular List of Financial Performance Measures for 2024

EBITDA Growth

Net Sales Growth

Net Profit compared to budget

Gross Margin compared to budget

Net Sales compared to budget

Total Shareholder Return Amount

$ 423