XML 135 R111.htm IDEA: XBRL DOCUMENT v3.25.0.1
Stock-Based Compensation - Narrative (Details)
$ / shares in Units, $ in Millions
1 Months Ended 12 Months Ended
Feb. 29, 2024
$ / shares
shares
Feb. 28, 2023
$ / shares
shares
Feb. 28, 2022
$ / shares
shares
Dec. 31, 2024
USD ($)
installment
$ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Maximum number of shares authorized (shares) | shares       9,700,000    
Stock-based compensation       $ 30.6 $ 26.5 $ 24.5
Income tax benefits       4.2 4.0 3.9
Net tax windfall as a result of exercise or vesting of awards       7.5 6.4 3.2
Unrecognized compensation cost related to non-vested awards       21.8    
Capitalized to inventory       $ 0.6 $ 0.7 $ 0.4
Restricted Stock            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Shares granted (in shares) | shares       44,000    
Shares granted (USD per share) | $ / shares       $ 356.94 $ 249.36 $ 187.07
Vested in period total fair value       $ 10.4 $ 9.7 $ 8.4
Restricted Stock | Director            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Shares granted (in shares) | shares       3,629 4,655 5,952
Restricted Stock Awards Service Condition            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Number of installments | installment       3    
Shares granted (in shares) | shares       1,854    
Shares granted (USD per share) | $ / shares       $ 341.99    
Restricted Stock Awards Service Condition | Vesting Period One            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting (as a percent)       33.33%    
Restricted Stock Awards Service Condition | Vesting Period Two            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting (as a percent)       33.33%    
Restricted Stock Awards Service Condition | Vesting Period Three            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting (as a percent)       33.33%    
Stock Appreciation Rights SARS            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Number of installments | installment       3    
Shares granted (in shares) | shares       64,000    
Shares granted (USD per share) | $ / shares       $ 352.78    
Award vesting period (in years)       3 years    
Award, expiration period (in years)       10 years    
SARS exercised intrinsic value       $ 46.2 $ 36.6 $ 21.0
Stock Appreciation Rights SARS | Vesting Period One            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting (as a percent)       33.33%    
Stock Appreciation Rights SARS | Vesting Period Two            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting (as a percent)       33.33%    
Stock Appreciation Rights SARS | Vesting Period Three            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting (as a percent)       33.33%    
Performance Shares            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award performance period (in years)       3 years    
Performance Shares - Market Condition            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Shares granted (in shares) | shares 8,736 11,481 14,076      
Shares granted (USD per share) | $ / shares $ 483.99 $ 279.47 $ 221.94      
Award performance period (in years) 3 years 3 years 3 years      
Performance based criteria plan payout percentage, target (as a percent) 100.00% 100.00% 100.00%      
Performance Shares - Market Condition | Minimum            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Performance based criteria plan payout ( as percent) 0.00% 0.00% 0.00%      
Performance Shares - Market Condition | Maximum            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Performance based criteria plan payout ( as percent) 200.00% 200.00% 200.00%      
Performance Shares - Performance Condition            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Shares granted (in shares) | shares 17,770 23,316 28,628      
Shares granted (USD per share) | $ / shares $ 341.19 $ 230.64 $ 174.48      
Award performance period (in years) 3 years 3 years 3 years      
Performance Shares - Performance Condition | Minimum            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Performance based criteria plan payout ( as percent) 0.00% 0.00% 0.00%      
Performance Shares - Performance Condition | Maximum            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Performance based criteria plan payout ( as percent) 200.00% 200.00% 200.00%      
Performance Shares, Vesting on Compounded Annual Growth Rate of Net Sales            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting (as a percent) 50.00% 50.00% 50.00%      
Performance Shares, Vesting on Operating Profit Margin            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Award vesting (as a percent) 50.00% 50.00% 50.00%      
Selling and administrative            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Pre-tax stock-based compensation cost       $ 28.8 24.9 23.2
Cost of goods sold            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Pre-tax stock-based compensation cost       $ 1.8 $ 1.6 $ 1.3