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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table

PEO

Non-PEO NEOs

Performance

Summary
Compensation
Table Total for
PEO

Compensation
Actually Paid to
PEO

Average
Summary
Compensation
Table Total for
Non-PEO Named
Executive Officers

Average
Compensation
Actually Paid to
Non-PEO Named
Executive Officers

Value of Initial
Fixed $100
Investment
Based on Company
Total Shareholder
Return

Value of Initial Fixed $100 Investment Based on Peer Group TSR

Net Income
(in millions)

(Company Selected Measure)
Adjusted EBITDA
(in millions)

Year

    

($) 1

    

($)

    

($)

    

($)

    

($) 2

    

($) 3

($) 4

($) 4

 

2024

3,051,771

13,502,646

1,103,836

3,226,151

434.34

164.00

13.0

62.8

2023

5,579,467

16,588,667

1,802,228

3,152,819

291.38

141.04

12.9

57.7

2022

2,534,194

 

7,815,771

 

1,102,814

1,355,688

 

167.82

 

109.47

17.4

42.2

2021

 

1,979,299

 

813,537

 

863,982

 

623,623

 

89.51

120.29

1.4

25.0

(1)Mr. Gleason was our PEO for each of the fiscal years from 2021 through 2024.
(2)The amount shown in the table reflects the cumulative change as of the end of the periods presented of an investment of $100 in our common stock as of December 31, 2020.
(3)The amount shown in the table reflects the cumulative change as of the periods presented of an investment of $100 in the Standard and Poor’s 600 Small Cap Industrial Machinery Index as of December 31, 2020.
(4)The dollar amounts reported in the “Net Income” column represent the amount of net income reflected in our consolidated audited financial statements for the applicable year. The dollar amounts reported in the “(Company Selected Measure) Adjusted EBITDA” column represent our Adjusted EBITDA for the applicable year. Adjusted EBITDA for purposes of our annual incentive program can be calculated from our audited financial statements as follows: Net income adjusted for the effects of amortization and earnout expenses, acquisition and integration expenses, restructuring expenses, asbestos litigation expense, depreciation, non-cash stock compensation expense, other expense, interest expense, income tax expense, and noncontrolling interest. Please refer to Appendix 1 to this Proxy Statement for reconciliation information relating to the non-GAAP measures presented herein.

The amounts disclosed in the table above as Compensation Actually Paid to our PEO reflect the adjustments listed in the tables below to the amounts reported in the Summary Compensation Table for our PEO:

Total
Compensation

Less: Amount
reported under
the "Stock Awards"
column in the SCT

Add: Fair value
as of fiscal year-end
of awards granted
during the fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
fiscal year-end,
compared to prior
fiscal year-end,
of awards granted
in any prior fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
vesting date,
compared to prior
fiscal year-end, of
awards granted
in any prior fiscal year
for which all vesting
conditions were
satisfied at
fiscal year-end
or during the fiscal year

Less: Fair Value
of Stock
and Option Awards
Forfeited during 
the Covered Year 

Compensation
Actually Paid

Year

  

($) 

  

($) 5

  

($) 6

  

($) 6

  

($) 6

  

($)

  

($) 

 

2024

3,051,771

(1,627,505)

2,381,551

9,078,368

618,461

13,502,646

2023

5,579,467

(3,981,256)

9,263,076

5,683,024

44,356

16,588,667

2022

 

2,534,194

 

(1,059,469)

 

2,998,546

 

3,466,653

 

(124,153)

 

7,815,771

 

2021

 

1,979,299

 

(1,126,112)

 

740,325

 

(582,097)

 

(197,878)

 

 

813,537

For the 2024 and 2023 fiscal years, our Non-PEO NEOs were: Mr. Johansson and Ms. Watkins-Asiyanbi. For the 2022 fiscal year, our Non-PEO NEOs were: Mr. Ramesh Nuggihalli, Mr. Johansson, and Mr. Matthew Eckl. For the 2021 fiscal year, our Non-PEO NEOs were: Mr. Nuggihalli and Mr. Eckl. The amounts disclosed in the table above as average Compensation Actually Paid to our Non-PEO NEOs reflect the adjustments listed in the tables below to the average amounts reported in the Summary Compensation Table for Non-PEO NEOs:

Total
Compensation

Less: Amount
reported under
the "Stock Awards"
column in the SCT

Add: Fair value
as of fiscal year-end
of awards granted
during the fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
fiscal year-end,
compared to prior
fiscal year-end,
of awards granted
in any prior fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
vesting date,
compared to prior
fiscal year-end, of
awards granted
in any prior fiscal year
for which all vesting
conditions were
satisfied at
fiscal year-end
or during the fiscal year

Less: Fair Value
of Stock
and Option Awards
Forfeited during 
the Covered Year 

Compensation
Actually Paid

Year

  

($) 

  

($) 5

  

($) 6

  

($) 6

  

($) 6

  

($) 

  

($) 

 

2024

1,103,836

(531,273)

690,879

1,900,830

61,879

3,226,151

2023

1,802,228

(988,631)

1,947,542

381,466

10,214

3,152,819

2022

 

1,102,814

 

(341,129)

 

478,730

 

115,513

 

52,860

 

(53,100)

 

1,355,688

 

2021

 

863,982

 

(399,563)

 

281,301

 

(73,385)

 

11,374

(60,086)

623,623

(5)Reflects SCT reported change in “Stock Awards” column from the SCT and fair values of stock and option awards forfeited during the covered year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
(6)As of the end of the fiscal year-end, reflects the fair values awards granted during the fiscal year that are outstanding and unvested, the change in fair value compared to prior fiscal year-end of awards granted in any prior fiscal year that are outstanding, and the change in value as of the vesting date compared to prior fiscal year-end of awards granted in any prior fiscal year for which all vesting conditions were satisfied.
     
Named Executive Officers, Footnote
(1)Mr. Gleason was our PEO for each of the fiscal years from 2021 through 2024.
For the 2024 and 2023 fiscal years, our Non-PEO NEOs were: Mr. Johansson and Ms. Watkins-Asiyanbi. For the 2022 fiscal year, our Non-PEO NEOs were: Mr. Ramesh Nuggihalli, Mr. Johansson, and Mr. Matthew Eckl. For the 2021 fiscal year, our Non-PEO NEOs were: Mr. Nuggihalli and Mr. Eckl.
     
Peer Group Issuers, Footnote
(3)The amount shown in the table reflects the cumulative change as of the periods presented of an investment of $100 in the Standard and Poor’s 600 Small Cap Industrial Machinery Index as of December 31, 2020.
     
PEO Total Compensation Amount $ 3,051,771 $ 5,579,467 $ 2,534,194 $ 1,979,299
PEO Actually Paid Compensation Amount $ 13,502,646 16,588,667 7,815,771 813,537
Adjustment To PEO Compensation, Footnote

The amounts disclosed in the table above as Compensation Actually Paid to our PEO reflect the adjustments listed in the tables below to the amounts reported in the Summary Compensation Table for our PEO:

Total
Compensation

Less: Amount
reported under
the "Stock Awards"
column in the SCT

Add: Fair value
as of fiscal year-end
of awards granted
during the fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
fiscal year-end,
compared to prior
fiscal year-end,
of awards granted
in any prior fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
vesting date,
compared to prior
fiscal year-end, of
awards granted
in any prior fiscal year
for which all vesting
conditions were
satisfied at
fiscal year-end
or during the fiscal year

Less: Fair Value
of Stock
and Option Awards
Forfeited during 
the Covered Year 

Compensation
Actually Paid

Year

  

($) 

  

($) 5

  

($) 6

  

($) 6

  

($) 6

  

($)

  

($) 

 

2024

3,051,771

(1,627,505)

2,381,551

9,078,368

618,461

13,502,646

2023

5,579,467

(3,981,256)

9,263,076

5,683,024

44,356

16,588,667

2022

 

2,534,194

 

(1,059,469)

 

2,998,546

 

3,466,653

 

(124,153)

 

7,815,771

 

2021

 

1,979,299

 

(1,126,112)

 

740,325

 

(582,097)

 

(197,878)

 

 

813,537

(5)Reflects SCT reported change in “Stock Awards” column from the SCT and fair values of stock and option awards forfeited during the covered year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
(6)As of the end of the fiscal year-end, reflects the fair values awards granted during the fiscal year that are outstanding and unvested, the change in fair value compared to prior fiscal year-end of awards granted in any prior fiscal year that are outstanding, and the change in value as of the vesting date compared to prior fiscal year-end of awards granted in any prior fiscal year for which all vesting conditions were satisfied.
     
Non-PEO NEO Average Total Compensation Amount $ 1,103,836 1,802,228 1,102,814 863,982
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,226,151 3,152,819 1,355,688 623,623
Adjustment to Non-PEO NEO Compensation Footnote

For the 2024 and 2023 fiscal years, our Non-PEO NEOs were: Mr. Johansson and Ms. Watkins-Asiyanbi. For the 2022 fiscal year, our Non-PEO NEOs were: Mr. Ramesh Nuggihalli, Mr. Johansson, and Mr. Matthew Eckl. For the 2021 fiscal year, our Non-PEO NEOs were: Mr. Nuggihalli and Mr. Eckl. The amounts disclosed in the table above as average Compensation Actually Paid to our Non-PEO NEOs reflect the adjustments listed in the tables below to the average amounts reported in the Summary Compensation Table for Non-PEO NEOs:

Total
Compensation

Less: Amount
reported under
the "Stock Awards"
column in the SCT

Add: Fair value
as of fiscal year-end
of awards granted
during the fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
fiscal year-end,
compared to prior
fiscal year-end,
of awards granted
in any prior fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
vesting date,
compared to prior
fiscal year-end, of
awards granted
in any prior fiscal year
for which all vesting
conditions were
satisfied at
fiscal year-end
or during the fiscal year

Less: Fair Value
of Stock
and Option Awards
Forfeited during 
the Covered Year 

Compensation
Actually Paid

Year

  

($) 

  

($) 5

  

($) 6

  

($) 6

  

($) 6

  

($) 

  

($) 

 

2024

1,103,836

(531,273)

690,879

1,900,830

61,879

3,226,151

2023

1,802,228

(988,631)

1,947,542

381,466

10,214

3,152,819

2022

 

1,102,814

 

(341,129)

 

478,730

 

115,513

 

52,860

 

(53,100)

 

1,355,688

 

2021

 

863,982

 

(399,563)

 

281,301

 

(73,385)

 

11,374

(60,086)

623,623

(5)Reflects SCT reported change in “Stock Awards” column from the SCT and fair values of stock and option awards forfeited during the covered year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
(6)As of the end of the fiscal year-end, reflects the fair values awards granted during the fiscal year that are outstanding and unvested, the change in fair value compared to prior fiscal year-end of awards granted in any prior fiscal year that are outstanding, and the change in value as of the vesting date compared to prior fiscal year-end of awards granted in any prior fiscal year for which all vesting conditions were satisfied.
     
Compensation Actually Paid vs. Total Shareholder Return

Graphic

     
Compensation Actually Paid vs. Net Income

Graphic

     
Compensation Actually Paid vs. Company Selected Measure

Graphic

     
Total Shareholder Return Vs Peer Group

Graphic

     
Tabular List, Table

Tabular List of Performance Measures

The following is a list of financial performance measures that the Company considers to be its most important financial performance measures to link compensation actually paid to its NEOs for the most recently completed fiscal year to performance of the Company.

1.Adjusted EBITDA
2.Revenue
3.TSR
     
Total Shareholder Return Amount $ 434.34 291.38 167.82 89.51
Peer Group Total Shareholder Return Amount 164 141.04 109.47 120.29
Net Income (Loss) $ 13,000,000 $ 12,900,000 $ 17,400,000 $ 1,400,000
Company Selected Measure Amount 62,800,000 57,700,000 42,200,000 25,000,000
PEO Name Mr. Gleason      
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted EBITDA      
Non-GAAP Measure Description
(4)The dollar amounts reported in the “Net Income” column represent the amount of net income reflected in our consolidated audited financial statements for the applicable year. The dollar amounts reported in the “(Company Selected Measure) Adjusted EBITDA” column represent our Adjusted EBITDA for the applicable year. Adjusted EBITDA for purposes of our annual incentive program can be calculated from our audited financial statements as follows: Net income adjusted for the effects of amortization and earnout expenses, acquisition and integration expenses, restructuring expenses, asbestos litigation expense, depreciation, non-cash stock compensation expense, other expense, interest expense, income tax expense, and noncontrolling interest. Please refer to Appendix 1 to this Proxy Statement for reconciliation information relating to the non-GAAP measures presented herein.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name Revenue      
Measure:: 3        
Pay vs Performance Disclosure        
Name TSR      
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (1,627,505) $ (3,981,256) $ (1,059,469) $ (1,126,112)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,381,551 9,263,076 2,998,546 740,325
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 9,078,368 5,683,024 3,466,653 (582,097)
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 618,461 44,356 (124,153) (197,878)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (531,273) (988,631) (341,129) (399,563)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 690,879 1,947,542 478,730 281,301
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,900,830 381,466 115,513 (73,385)
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 61,879 $ 10,214 52,860 11,374
Non-PEO NEO | Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount     $ (53,100) $ (60,086)