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Pay vs Performance Disclosure - USD ($)
12 Months Ended 13 Months Ended 47 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2025
May 31, 2024
Pay vs Performance Disclosure              
Pay vs Performance Disclosure, Table

Average

Value of Initial Fixed $100

Summary

Summary

Average

Investment Based on:

Summary

Compensation

Compensation

Compensation

Peer Group

Compensation

Table Total

Compensation

Compensation

Table Total

Actually Paid

Total

Total

Net Income

Adjusted

Fiscal

Table Total

for Mr.

Actually Paid to

Actually Paid to

for non-PEO

to non-PEO

Shareholder

Shareholder

(Loss)

EBITDA(5)

Year

for Mr. Rossi (1)

Chowbey (1)

Mr. Rossi
(1)(2)(3)

Mr. Chowbey
(1)(2)(3)

NEOs(1)

NEOs(1)(2)(3)

Return

Return(4)

($ millions)

($ millions)

(a)

  

(b)

  

(b)

(c)

(c)

  

(d)

  

(e)

  

(f)

  

(g)

  

(h)

  

(i)

2025

$

N/A

$

4,694,633

$

N/A

$

4,421,080

$

1,532,141

$

1,294,523

$

92.13

$

267.12

$

98.7

$

299.5

2024

$

6,399,926

$

1,794,097

$

4,127,786

$

1,338,821

$

1,375,327

$

1,072,413

$

91.40

$

232.08

$

109.3

$

312.5

2023

$

6,729,013

$

N/A

$

8,519,849

$

N/A

$

1,361,854

$

1,609,461

$

106.81

$

195.54

$

118.5

$

323.0

2022

$

6,131,892

$

N/A

$

2,368,850

$

N/A

$

1,464,994

$

576,965

$

84.82

$

133.64

$

144.6

$

364.0

2021

$

6,447,574

$

N/A

$

6,723,938

$

N/A

$

1,801,001

$

1,982,039

$

128.02

$

163.07

$

54.4

$

276.0

(1)Mr. Chowbey served as our principal executive officer (PEO) beginning on June 1, 2024. Mr. Rossi served as our (PEO) for 2021 through May 31, 2024. Our non-PEO named executive officers (NEOs) included: (a) for fiscal year 2025, Messrs. Watson, Bersaglini, Hamadi, and Cardenas, and Ms. Keating, (b) for fiscal year 2024, Messrs. Watson and Cardenas, and Mses. Bacchus and Keating; (c) for fiscal year 2023, Messrs. Watson, Chowbey, Cardenas, and Ms. Keating; (d) for fiscal year 2022, Messrs. Audia, Chowbey, Watson, Cardenas, and Ms. Bacchus; and (e) for fiscal year 2021, Messrs. Audia, Dragich, and Cardenas, and Mses. Bacchus and Keating.
(2)Certain values in the table above and footnotes below differ as compared to our 2024 proxy statement due to miscalculations of equity awards in our disclosure last year.
(3)The following amounts were deducted from / added to Summary Compensation Table (SCT) total compensation in accordance with the SEC-mandated adjustments to calculate Compensation Actually Paid (CAP) to our principal executive officers (PEO) and average CAP to our non-PEO named executive officers. The fair value of equity awards was determined using methodologies and assumptions developed in a manner substantively consistent with those used to determine the grant date fair value of such awards.

Mr. Rossi SCT Total to CAP Reconciliation

Fiscal Year

    

2021

    

2022

    

2023

2024

2025

SCT Total

$

6,447,574

$

6,131,892

$

6,729,013

$

6,399,926

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year

$

$

$

$

+ Service Cost of Pension in Fiscal Year

$

$

$

$

+ Prior Service Cost of Pension in Fiscal Year

$

$

$

$

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year

$

(3,800,016)

$

(3,774,347)

$

(4,417,134)

$

(4,344,086)

± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year

$

4,712,231

$

2,418,762

$

4,957,682

$

1,786,630

± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years

$

(847,928)

$

(1,719,194)

$

791,291

$

(1,115,481)

± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year

$

$

$

$

1,783,368

± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

$

68,517

$

47,370

$

220,778

$

(605,434)

- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year

$

$

(886,412)

$

$

+ Dividends or Other Earnings Paid on Stock Awards in the Fiscal Year Prior to the Vesting Date that are not otherwise included in the Total Compensation for the Fiscal Year

$

143,560

$

150,779

$

238,219

$

222,863

Compensation Actually Paid

$

6,723,938

$

2,368,850

$

8,519,849

$

4,127,786

Mr. Chowbey SCT Total to CAP Reconciliation

Fiscal Year

    

2021

    

2022

    

2023

2024

2025

SCT Total

$

$

$

$

1,794,097

$

4,694,633

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year

$

$

$

$

$

+ Service Cost of Pension in Fiscal Year

$

$

$

$

$

+ Prior Service Cost of Pension in Fiscal Year

$

$

$

$

$

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year

$

$

$

$

(865,913)

$

(3,052,941)

± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year

$

$

$

$

683,432

$

2,671,209

± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years

$

$

$

$

(296,905)

$

(33,688)

± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year

$

$

$

$

$

± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

$

$

$

$

(16,488)

$

38,086

- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year

$

$

$

$

$

+ Dividends or Other Earnings Paid on Stock Awards in the Fiscal Year Prior to the Vesting Date that are not otherwise included in the Total Compensation for the Fiscal Year

$

$

$

$

40,598

$

103,781

Compensation Actually Paid

$

$

$

$

1,338,821

$

4,421,080

Non-PEO NEO Average SCT Total to Average CAP Reconciliation

Fiscal Year

    

2021

    

2022

    

2023

2024

2025

Average SCT Total

$

1,801,001

$

1,464,994

$

1,361,854

$

1,375,327

$

1,532,141

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year

$

(49,438)

$

(53,093)

$

$

(75,872)

$

+ Service Cost of Pension in Fiscal Year

$

79,388

$

35,758

$

$

77,227

$

+ Prior Service Cost of Pension in Fiscal Year

$

$

$

$

$

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year

$

(701,109)

$

(741,024)

$

(585,894)

$

(578,424)

$

(696,041)

± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year

$

868,203

$

351,046

$

656,444

$

460,026

$

499,290

± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years

$

(67,579)

$

(134,416)

$

94,368

$

(159,167)

$

(12,298)

± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year

$

$

$

$

$

± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

$

19,407

$

(3,863)

$

51,615

$

(54,770)

$

11,208

- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year

$

$

(356,522)

$

$

$

(63,418)

+ Dividends or Other Earnings Paid on Stock Awards in the Fiscal Year Prior to the Vesting Date that are not otherwise included in the Total Compensation for the Fiscal Year

$

32,166

$

14,085

$

31,074

$

28,066

$

23,641

Average Compensation Actually Paid

$

1,982,039

$

576,965

$

1,609,461

$

1,072,413

$

1,294,523

(4) The Peer Group for which Total Shareholder Return is provided in column (g) is the S&P 400 Capital Goods Index.

(5) Adjusted EBITDA is a Non-GAAP financial measure. (see Appendix A for a reconciliation to GAAP).

           
Company Selected Measure Name Adjusted EBITDA            
Named Executive Officers, Footnote
(1)Mr. Chowbey served as our principal executive officer (PEO) beginning on June 1, 2024. Mr. Rossi served as our (PEO) for 2021 through May 31, 2024. Our non-PEO named executive officers (NEOs) included: (a) for fiscal year 2025, Messrs. Watson, Bersaglini, Hamadi, and Cardenas, and Ms. Keating, (b) for fiscal year 2024, Messrs. Watson and Cardenas, and Mses. Bacchus and Keating; (c) for fiscal year 2023, Messrs. Watson, Chowbey, Cardenas, and Ms. Keating; (d) for fiscal year 2022, Messrs. Audia, Chowbey, Watson, Cardenas, and Ms. Bacchus; and (e) for fiscal year 2021, Messrs. Audia, Dragich, and Cardenas, and Mses. Bacchus and Keating.
           
Peer Group Issuers, Footnote

(4) The Peer Group for which Total Shareholder Return is provided in column (g) is the S&P 400 Capital Goods Index.

           
Adjustment To PEO Compensation, Footnote

Mr. Rossi SCT Total to CAP Reconciliation

Fiscal Year

    

2021

    

2022

    

2023

2024

2025

SCT Total

$

6,447,574

$

6,131,892

$

6,729,013

$

6,399,926

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year

$

$

$

$

+ Service Cost of Pension in Fiscal Year

$

$

$

$

+ Prior Service Cost of Pension in Fiscal Year

$

$

$

$

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year

$

(3,800,016)

$

(3,774,347)

$

(4,417,134)

$

(4,344,086)

± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year

$

4,712,231

$

2,418,762

$

4,957,682

$

1,786,630

± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years

$

(847,928)

$

(1,719,194)

$

791,291

$

(1,115,481)

± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year

$

$

$

$

1,783,368

± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

$

68,517

$

47,370

$

220,778

$

(605,434)

- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year

$

$

(886,412)

$

$

+ Dividends or Other Earnings Paid on Stock Awards in the Fiscal Year Prior to the Vesting Date that are not otherwise included in the Total Compensation for the Fiscal Year

$

143,560

$

150,779

$

238,219

$

222,863

Compensation Actually Paid

$

6,723,938

$

2,368,850

$

8,519,849

$

4,127,786

Mr. Chowbey SCT Total to CAP Reconciliation

Fiscal Year

    

2021

    

2022

    

2023

2024

2025

SCT Total

$

$

$

$

1,794,097

$

4,694,633

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year

$

$

$

$

$

+ Service Cost of Pension in Fiscal Year

$

$

$

$

$

+ Prior Service Cost of Pension in Fiscal Year

$

$

$

$

$

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year

$

$

$

$

(865,913)

$

(3,052,941)

± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year

$

$

$

$

683,432

$

2,671,209

± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years

$

$

$

$

(296,905)

$

(33,688)

± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year

$

$

$

$

$

± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

$

$

$

$

(16,488)

$

38,086

- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year

$

$

$

$

$

+ Dividends or Other Earnings Paid on Stock Awards in the Fiscal Year Prior to the Vesting Date that are not otherwise included in the Total Compensation for the Fiscal Year

$

$

$

$

40,598

$

103,781

Compensation Actually Paid

$

$

$

$

1,338,821

$

4,421,080

           
Non-PEO NEO Average Total Compensation Amount $ 1,532,141 $ 1,375,327 $ 1,361,854 $ 1,464,994 $ 1,801,001    
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,294,523 1,072,413 1,609,461 576,965 1,982,039    
Adjustment to Non-PEO NEO Compensation Footnote

Non-PEO NEO Average SCT Total to Average CAP Reconciliation

Fiscal Year

    

2021

    

2022

    

2023

2024

2025

Average SCT Total

$

1,801,001

$

1,464,994

$

1,361,854

$

1,375,327

$

1,532,141

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year

$

(49,438)

$

(53,093)

$

$

(75,872)

$

+ Service Cost of Pension in Fiscal Year

$

79,388

$

35,758

$

$

77,227

$

+ Prior Service Cost of Pension in Fiscal Year

$

$

$

$

$

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year

$

(701,109)

$

(741,024)

$

(585,894)

$

(578,424)

$

(696,041)

± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year

$

868,203

$

351,046

$

656,444

$

460,026

$

499,290

± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years

$

(67,579)

$

(134,416)

$

94,368

$

(159,167)

$

(12,298)

± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year

$

$

$

$

$

± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

$

19,407

$

(3,863)

$

51,615

$

(54,770)

$

11,208

- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year

$

$

(356,522)

$

$

$

(63,418)

+ Dividends or Other Earnings Paid on Stock Awards in the Fiscal Year Prior to the Vesting Date that are not otherwise included in the Total Compensation for the Fiscal Year

$

32,166

$

14,085

$

31,074

$

28,066

$

23,641

Average Compensation Actually Paid

$

1,982,039

$

576,965

$

1,609,461

$

1,072,413

$

1,294,523

           
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 MOST IMPORTANT PERFORMANCE MEASURES

The six items listed below represent the most important performance metrics we used to determine CAP for Fiscal 2024 as further described in our Compensation Discussion and Analysis (CD&A).

Most Important Performance Measures

Adjusted EBITDA
Primary Working Capital as a Percent of Sales
Revenue
Adjusted EBIT
Adjusted EBITDA Margin
Adjusted ROIC
           
Total Shareholder Return Amount $ 92.13 91.4 106.81 84.82 128.02    
Peer Group Total Shareholder Return Amount 267.12 232.08 195.54 133.64 163.07    
Net Income (Loss) $ 98,700,000 $ 109,300,000 $ 118,500,000 $ 144,600,000 $ 54,400,000    
Company Selected Measure Amount 299,500,000 312,500,000 323,000,000 364,000,000 276,000,000    
PEO Name           Mr. Chowbey Mr. Rossi
Additional 402(v) Disclosure

Pay Versus Performance (“PVP”)

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, we are providing the following information about the relationship between compensation actually paid to our Named Executive Officers (NEOs) and certain financial performance metrics of the Company using a methodology that has been prescribed by the SEC.

Average

Value of Initial Fixed $100

Summary

Summary

Average

Investment Based on:

Summary

Compensation

Compensation

Compensation

Peer Group

Compensation

Table Total

Compensation

Compensation

Table Total

Actually Paid

Total

Total

Net Income

Adjusted

Fiscal

Table Total

for Mr.

Actually Paid to

Actually Paid to

for non-PEO

to non-PEO

Shareholder

Shareholder

(Loss)

EBITDA(5)

Year

for Mr. Rossi (1)

Chowbey (1)

Mr. Rossi
(1)(2)(3)

Mr. Chowbey
(1)(2)(3)

NEOs(1)

NEOs(1)(2)(3)

Return

Return(4)

($ millions)

($ millions)

(a)

  

(b)

  

(b)

(c)

(c)

  

(d)

  

(e)

  

(f)

  

(g)

  

(h)

  

(i)

2025

$

N/A

$

4,694,633

$

N/A

$

4,421,080

$

1,532,141

$

1,294,523

$

92.13

$

267.12

$

98.7

$

299.5

2024

$

6,399,926

$

1,794,097

$

4,127,786

$

1,338,821

$

1,375,327

$

1,072,413

$

91.40

$

232.08

$

109.3

$

312.5

2023

$

6,729,013

$

N/A

$

8,519,849

$

N/A

$

1,361,854

$

1,609,461

$

106.81

$

195.54

$

118.5

$

323.0

2022

$

6,131,892

$

N/A

$

2,368,850

$

N/A

$

1,464,994

$

576,965

$

84.82

$

133.64

$

144.6

$

364.0

2021

$

6,447,574

$

N/A

$

6,723,938

$

N/A

$

1,801,001

$

1,982,039

$

128.02

$

163.07

$

54.4

$

276.0

(1)Mr. Chowbey served as our principal executive officer (PEO) beginning on June 1, 2024. Mr. Rossi served as our (PEO) for 2021 through May 31, 2024. Our non-PEO named executive officers (NEOs) included: (a) for fiscal year 2025, Messrs. Watson, Bersaglini, Hamadi, and Cardenas, and Ms. Keating, (b) for fiscal year 2024, Messrs. Watson and Cardenas, and Mses. Bacchus and Keating; (c) for fiscal year 2023, Messrs. Watson, Chowbey, Cardenas, and Ms. Keating; (d) for fiscal year 2022, Messrs. Audia, Chowbey, Watson, Cardenas, and Ms. Bacchus; and (e) for fiscal year 2021, Messrs. Audia, Dragich, and Cardenas, and Mses. Bacchus and Keating.
(2)Certain values in the table above and footnotes below differ as compared to our 2024 proxy statement due to miscalculations of equity awards in our disclosure last year.
(3)The following amounts were deducted from / added to Summary Compensation Table (SCT) total compensation in accordance with the SEC-mandated adjustments to calculate Compensation Actually Paid (CAP) to our principal executive officers (PEO) and average CAP to our non-PEO named executive officers. The fair value of equity awards was determined using methodologies and assumptions developed in a manner substantively consistent with those used to determine the grant date fair value of such awards.

Mr. Rossi SCT Total to CAP Reconciliation

Fiscal Year

    

2021

    

2022

    

2023

2024

2025

SCT Total

$

6,447,574

$

6,131,892

$

6,729,013

$

6,399,926

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year

$

$

$

$

+ Service Cost of Pension in Fiscal Year

$

$

$

$

+ Prior Service Cost of Pension in Fiscal Year

$

$

$

$

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year

$

(3,800,016)

$

(3,774,347)

$

(4,417,134)

$

(4,344,086)

± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year

$

4,712,231

$

2,418,762

$

4,957,682

$

1,786,630

± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years

$

(847,928)

$

(1,719,194)

$

791,291

$

(1,115,481)

± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year

$

$

$

$

1,783,368

± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

$

68,517

$

47,370

$

220,778

$

(605,434)

- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year

$

$

(886,412)

$

$

+ Dividends or Other Earnings Paid on Stock Awards in the Fiscal Year Prior to the Vesting Date that are not otherwise included in the Total Compensation for the Fiscal Year

$

143,560

$

150,779

$

238,219

$

222,863

Compensation Actually Paid

$

6,723,938

$

2,368,850

$

8,519,849

$

4,127,786

Mr. Chowbey SCT Total to CAP Reconciliation

Fiscal Year

    

2021

    

2022

    

2023

2024

2025

SCT Total

$

$

$

$

1,794,097

$

4,694,633

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year

$

$

$

$

$

+ Service Cost of Pension in Fiscal Year

$

$

$

$

$

+ Prior Service Cost of Pension in Fiscal Year

$

$

$

$

$

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year

$

$

$

$

(865,913)

$

(3,052,941)

± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year

$

$

$

$

683,432

$

2,671,209

± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years

$

$

$

$

(296,905)

$

(33,688)

± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year

$

$

$

$

$

± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

$

$

$

$

(16,488)

$

38,086

- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year

$

$

$

$

$

+ Dividends or Other Earnings Paid on Stock Awards in the Fiscal Year Prior to the Vesting Date that are not otherwise included in the Total Compensation for the Fiscal Year

$

$

$

$

40,598

$

103,781

Compensation Actually Paid

$

$

$

$

1,338,821

$

4,421,080

Non-PEO NEO Average SCT Total to Average CAP Reconciliation

Fiscal Year

    

2021

    

2022

    

2023

2024

2025

Average SCT Total

$

1,801,001

$

1,464,994

$

1,361,854

$

1,375,327

$

1,532,141

- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year

$

(49,438)

$

(53,093)

$

$

(75,872)

$

+ Service Cost of Pension in Fiscal Year

$

79,388

$

35,758

$

$

77,227

$

+ Prior Service Cost of Pension in Fiscal Year

$

$

$

$

$

- Grant Date Fair Value of Stock Awards Granted in Fiscal Year

$

(701,109)

$

(741,024)

$

(585,894)

$

(578,424)

$

(696,041)

± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year

$

868,203

$

351,046

$

656,444

$

460,026

$

499,290

± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years

$

(67,579)

$

(134,416)

$

94,368

$

(159,167)

$

(12,298)

± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year

$

$

$

$

$

± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

$

19,407

$

(3,863)

$

51,615

$

(54,770)

$

11,208

- Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year

$

$

(356,522)

$

$

$

(63,418)

+ Dividends or Other Earnings Paid on Stock Awards in the Fiscal Year Prior to the Vesting Date that are not otherwise included in the Total Compensation for the Fiscal Year

$

32,166

$

14,085

$

31,074

$

28,066

$

23,641

Average Compensation Actually Paid

$

1,982,039

$

576,965

$

1,609,461

$

1,072,413

$

1,294,523

(4) The Peer Group for which Total Shareholder Return is provided in column (g) is the S&P 400 Capital Goods Index.

(5) Adjusted EBITDA is a Non-GAAP financial measure. (see Appendix A for a reconciliation to GAAP).

CHARTS OF CAP VERSUS PERFORMANCE METRICS

The chart below illustrates the relationship between the PEO and average Non-PEO CAP amounts and the Company’s and Peer Group’s TSR during fiscal years 2021-2025.

Graphic

The charts below illustrate the relationship between the PEO and Non-PEO CAP amounts and the Company’s Net Income and Adjusted EBITDA during fiscal years 2021-2025.

Graphic

Graphic

TABULAR LIST OF MOST IMPORTANT PERFORMANCE MEASURES

The six items listed below represent the most important performance metrics we used to determine CAP for Fiscal 2024 as further described in our Compensation Discussion and Analysis (CD&A).

Most Important Performance Measures

Adjusted EBITDA
Primary Working Capital as a Percent of Sales
Revenue
Adjusted EBIT
Adjusted EBITDA Margin
Adjusted ROIC

SUPPLEMENTAL DISCLOSURE

The charts below illustrate the relationship between the PEOs’ and other NEOs’ SCT Total Compensation, total shareholder return, and CAP amounts during fiscal year 2021-2025. This relationship reflects the impact of changes in the Company’s stock price performance on the amount of Compensation Actually Paid in each year in relation to the amount reported in the Summary Compensation Table for the current PEO and other NEOs.

Graphic

Graphic

           
Measure:: 1              
Pay vs Performance Disclosure              
Name Adjusted EBITDA            
Non-GAAP Measure Description Adjusted EBITDA is a Non-GAAP financial measure. (see Appendix A for a reconciliation to GAAP).            
Measure:: 2              
Pay vs Performance Disclosure              
Name Primary Working Capital as a Percent of Sales            
Measure:: 3              
Pay vs Performance Disclosure              
Name Revenue            
Measure:: 4              
Pay vs Performance Disclosure              
Name Adjusted EBIT            
Measure:: 5              
Pay vs Performance Disclosure              
Name Adjusted EBITDA Margin            
Measure:: 6              
Pay vs Performance Disclosure              
Name Adjusted ROIC            
Mr. Rossi              
Pay vs Performance Disclosure              
PEO Total Compensation Amount   $ 6,399,926 $ 6,729,013 $ 6,131,892 $ 6,447,574    
PEO Actually Paid Compensation Amount   4,127,786 8,519,849 2,368,850 6,723,938    
Mr. Chowbey              
Pay vs Performance Disclosure              
PEO Total Compensation Amount $ 4,694,633 1,794,097          
PEO Actually Paid Compensation Amount 4,421,080 1,338,821          
PEO | Mr. Rossi | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   (4,344,086) (4,417,134) (3,774,347) (3,800,016)    
PEO | Mr. Rossi | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   1,786,630 4,957,682 2,418,762 4,712,231    
PEO | Mr. Rossi | 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   (1,115,481) 791,291 (1,719,194) (847,928)    
PEO | Mr. Rossi | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   1,783,368          
PEO | Mr. Rossi | 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   (605,434) 220,778 47,370 68,517    
PEO | Mr. Rossi | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       (886,412)      
PEO | Mr. Rossi | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   222,863 238,219 150,779 143,560    
PEO | Mr. Chowbey | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount (3,052,941) (865,913)          
PEO | Mr. Chowbey | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 2,671,209 683,432          
PEO | Mr. Chowbey | 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 (33,688) (296,905)          
PEO | Mr. Chowbey | 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 38,086 (16,488)          
PEO | Mr. Chowbey | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 103,781 40,598          
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   (75,872)   (53,093) (49,438)    
Non-PEO NEO | Pension Adjustments Service Cost              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   77,227   35,758 79,388    
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 (696,041) (578,424) (585,894) (741,024) (701,109)    
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 499,290 460,026 656,444 351,046 868,203    
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 (12,298) (159,167) 94,368 (134,416) (67,579)    
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 11,208 (54,770) 51,615 (3,863) 19,407    
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount (63,418)     (356,522)      
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount $ 23,641 $ 28,066 $ 31,074 $ 14,085 $ 32,166