Pay vs Performance Disclosure - USD ($)

1 Months Ended

12 Months Ended

47 Months Ended

Jun. 30, 2024

Jun. 30, 2024

Jun. 30, 2023

Jun. 30, 2022

Jun. 30, 2021

May 31, 2024

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

									Average				Value of Initial Fixed $100
				Summary					Summary		Average		Investment Based on:
	Summary		Compensation						Compensation		Compensation				Peer Group
	Compensation		Table Total		Compensation		Compensation		Table Total		Actually Paid		Total		Total		Net Income		Adjusted
Fiscal	Table Total		for Mr.		Actually Paid to		Actually Paid to		for non-PEO		to non-PEO		Shareholder		Shareholder		(Loss)		EBITDA(4)
Year	for Mr. Rossi (1)		Chowbey (1)		Mr. Rossi (1)(2)		Mr. Chowbey (1)(2)		NEOs(1)		NEOs(1) (2)		Return		Return(3)		($ millions)		($ millions)
(a)	(b)		(b)		(c)		(c)		(d)		(e)		(f)		(g)		(h)		(i)
2024	$	6,399,926	$	1,794,097	$	4,018,294	$	1,337,617	$	1,375,327	$	1,085,323	$	91.40	$	232.08	$	109.3	$	312.5
2023	$	6,729,013	$	N/A	$	9,225,794	$	N/A	$	1,361,854	$	1,727,830	$	106.81	$	195.54	$	118.5	$	323.0
2022	$	6,131,892	$	N/A	$	1,994,311	$	N/A	$	1,464,994	$	485,335	$	84.82	$	133.64	$	144.6	$	364.0
2021	$	6,447,574	$	N/A	$	8,298,277	$	N/A	$	1,801,001	$	2,269,987	$	128.02	$	163.07	$	54.4	$	276.0

(1) Mr. Rossi served as our principal executive officer (PEO) for 2021 through May 31, 2024. Mr. Chowbey is our PEO beginning on June 1, 2024. Our non-PEO named executive officers (NEOs) included: (a) for fiscal year 2024, Messrs. Watson and Cardenas, and Mses. Bacchus and Keating; (b) for fiscal year 2023, Messrs. Watson, Chowbey, Cardenas, and Ms. Keating; (c) for fiscal year 2022, Messrs. Audia, Chowbey, Watson, Cardenas, and Ms. Bacchus; and (d) for fiscal year 2021, Messrs. Audia, Dragich, and Cardenas, and Mses. Bacchus and Keating.

(2) 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
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	$	6,255,292	$	2,630,055	$	5,136,155	$	2,267,793
± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	$	(847,928)	$	(2,347,254)	$	1,234,467	$	(1,708,346)
± 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	$	174,837	$	193,007	$	322,513	$	225,072
Compensation Actually Paid	$	8,298,277	$	1,994,311	$	9,225,794	$	4,018,294

Mr. Chowbey SCT Total to CAP Reconciliation

Fiscal Year	2021		2022		2023		2024
SCT Total	$	—	$	—	$	—	$	1,794,097
- 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)
± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year	$	—	$	—	$	—	$	787,080
± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	$	—	$	—	$	—	$	(409,577)
± 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)
- 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	$	—	$	—	$	—	$	48,417
Compensation Actually Paid	$	—	$	—	$	—	$	1,337,617

Non-PEO NEO Average SCT Total to Average CAP Reconciliation

Fiscal Year	2021		2022		2023		2024
Average SCT Total	$	1,801,001	$	1,464,994	$	1,361,854	$	1,375,327
- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year	$	(247,188)	$	(265,465)	$	—	$	(75,872)
+ Service Cost of Pension in Fiscal Year	$	396,938	$	178,791	$	—	$	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)
± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year	$	1,150,583	$	389,506	$	713,822	$	541,042
± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	$	(67,579)	$	(181,308)	$	145,563	$	(228,059)
± 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)	$	51,614	$	(54,770)
- 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	$	—	$	(442,016)	$	—	$	—
+ 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	$	37,734	$	16,382	$	40,871	$	28,852
Average Compensation Actually Paid	$	2,269,987	$	485,335	$	1,727,830	$	1,085,323

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

(4) 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. Rossi served as our principal executive officer (PEO) for 2021 through May 31, 2024. Mr. Chowbey is our PEO beginning on June 1, 2024. Our non-PEO named executive officers (NEOs) included: (a) for fiscal year 2024, Messrs. Watson and Cardenas, and Mses. Bacchus and Keating; (b) for fiscal year 2023, Messrs. Watson, Chowbey, Cardenas, and Ms. Keating; (c) for fiscal year 2022, Messrs. Audia, Chowbey, Watson, Cardenas, and Ms. Bacchus; and (d) for fiscal year 2021, Messrs. Audia, Dragich, and Cardenas, and Mses. Bacchus and Keating.

Peer Group Issuers, Footnote

(3) 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
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	$	6,255,292	$	2,630,055	$	5,136,155	$	2,267,793
± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	$	(847,928)	$	(2,347,254)	$	1,234,467	$	(1,708,346)
± 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	$	174,837	$	193,007	$	322,513	$	225,072
Compensation Actually Paid	$	8,298,277	$	1,994,311	$	9,225,794	$	4,018,294

Mr. Chowbey SCT Total to CAP Reconciliation

Fiscal Year	2021		2022		2023		2024
SCT Total	$	—	$	—	$	—	$	1,794,097
- 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)
± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year	$	—	$	—	$	—	$	787,080
± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	$	—	$	—	$	—	$	(409,577)
± 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)
- 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	$	—	$	—	$	—	$	48,417
Compensation Actually Paid	$	—	$	—	$	—	$	1,337,617

Non-PEO NEO Average Total Compensation Amount

$ 1,375,327

$ 1,361,854

$ 1,464,994

$ 1,801,001

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,085,323

1,727,830

485,335

2,269,987

Adjustment to Non-PEO NEO Compensation Footnote

Non-PEO NEO Average SCT Total to Average CAP Reconciliation

Fiscal Year	2021		2022		2023		2024
Average SCT Total	$	1,801,001	$	1,464,994	$	1,361,854	$	1,375,327
- Change in Actuarial Present Value of Pension Plans Reported in Fiscal Year	$	(247,188)	$	(265,465)	$	—	$	(75,872)
+ Service Cost of Pension in Fiscal Year	$	396,938	$	178,791	$	—	$	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)
± Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards Granted in Fiscal Year	$	1,150,583	$	389,506	$	713,822	$	541,042
± Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	$	(67,579)	$	(181,308)	$	145,563	$	(228,059)
± 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)	$	51,614	$	(54,770)
- 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	$	—	$	(442,016)	$	—	$	—
+ 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	$	37,734	$	16,382	$	40,871	$	28,852
Average Compensation Actually Paid	$	2,269,987	$	485,335	$	1,727,830	$	1,085,323

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Total Shareholder Return Vs Peer Group

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

$ 91.40

106.81

84.82

128.02

Peer Group Total Shareholder Return Amount

232.08

195.54

133.64

163.07

Net Income (Loss)

$ 109,300,000

$ 118,500,000

$ 144,600,000

$ 54,400,000

Company Selected Measure Amount

312,500,000

323,000,000.0

364,000,000.0

276,000,000.0

PEO Name

Mr. Chowbey

Mr. Rossi

Additional 402(v) Disclosure

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 2021-2024. 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.

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

4,018,294

9,225,794

1,994,311

8,298,277

Mr. Chowbey

Pay vs Performance Disclosure

PEO Total Compensation Amount

1,794,097

PEO Actually Paid Compensation Amount

1,337,617

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

2,267,793

5,136,155

2,630,055

6,255,292

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

(1,708,346)

1,234,467

(2,347,254)

(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

225,072

322,513

193,007

174,837

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

(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

787,080

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

(409,577)

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

(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

48,417

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)

(265,465)

(247,188)

Non-PEO NEO | Pension Adjustments Service Cost

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

77,227

178,791

396,938

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

(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

541,042

713,822

389,506

1,150,583

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

(228,059)

145,563

(181,308)

(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

(54,770)

51,614

(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

(442,016)

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

$ 28,852

$ 40,871

$ 16,382

$ 37,734