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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Year
Summary
Compensation
Table Total for
Principal
Executive
Officer
(“PEO”)(1)
($)
Compensation
Actually Paid to
PEO(2)
($)
Average
Summary
Compensation
Total for Non-
PEO NEOs(3)
($)
Average
Compensation
Actually Paid
to Non-PEO
NEOs (4)
($)
Value of Initial Fixed $100
Investment Based On:
Net Income(7)
($)
MIP-Adjusted
EBITDA Less
Capital Charge (8)
($)
Total
Stockholder
Return(5)
($)
Peer Group
Total
Stockholder
Return(6)
($)
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
2023
18,948,385
29,204,964
4,573,625
3,869,301
139
149
214
647
2022
11,890,387
(6,690,512)
3,553,671
242,561
132
104
394
521
2021
16,128,895
26,713,850
5,152,260
7,128,999
159
166
903
699
2020
15,623,432
34,545,403
4,192,671
6,239,631
129
133
124
449
     
Named Executive Officers, Footnote The amounts reported in column (b) are the amounts reported for Mr. Kreiz (our CEO) for each of the corresponding years in the “Total” column of the  Summary Compensation Table. Refer to
the “Summary Compensation Table.”
The amounts reported in column (d) represent the average of the amounts reported for our NEOs as a group (excluding Mr. Kreiz) in the “Total” column of the Summary Compensation Table in
each applicable year. The names of each of the NEOs included for these purposes in each applicable year are as follows: (i) for 2023, Messrs. DiSilvestro, Totzke, Anschell, Isaias, and Dickson;
(ii) for 2022, Messrs. Dickson, DiSilvestro, Totzke, and Anschell; (iii) for 2021, Messrs. Dickson, DiSilvestro, Totzke, and Anschell and (iv) for 2020, Messrs. Dickson, Totzke, DiSilvestro, Isaias,
and Euteneuer.
     
Peer Group Issuers, Footnote The peer group used for this purpose is the following published industry index: S&P 500 Consumer Discretionary Index.      
PEO Total Compensation Amount $ 18,948,385 $ 11,890,387 $ 16,128,895 $ 15,623,432
PEO Actually Paid Compensation Amount $ 29,204,964 (6,690,512) 26,713,850 34,545,403
Adjustment To PEO Compensation, Footnote The amounts reported in column (c) represent the amount of “compensation actually paid” to Mr. Kreiz, as computed in accordance with Item 402(v) of Regulation S-K and do not reflect the total
compensation actually realized or received by Mr. Kreiz. In accordance with these rules, these amounts reflect “Total Compensation” as set forth in the Summary Compensation Table for each
year, adjusted as shown in the table immediately below. Equity award values are calculated in accordance with FASB ASC Topic 718, and the valuation assumptions used to calculate fair values
were determined in a consistent manner and did not materially differ from those disclosed at the time of grant, other than for outstanding Performance Units, which uses actual performance
achievement of 101% of target for the 2021-2023 LTIP Performance Units and assumes performance achievement of 35% and 136% of target for the 2022-2024 LTIP Performance Units and
2023-2025 LTIP Performance Units, respectively.
Compensation Actually Paid to PEO
2023
2022
2021
2020
Summary Compensation Table Total
18,948,385
11,890,387
16,128,895
15,623,432
Less, value of “Stock Awards” and “Option Awards” reported in Summary Compensation Table
(11,412,502)
(10,250,004)
(9,999,997)
(9,550,000)
Less, Change in Pension Value reported in Summary Compensation Table
Plus, year-end fair value of outstanding and unvested equity awards granted in the year
14,623,811
1,652,156
10,349,756
23,292,943
Plus, fair value as of vesting date of equity awards granted and vested in the year
Plus (less), year over year change in fair value of outstanding and unvested equity awards granted in prior years
3,741,754
(10,536,425)
9,714,985
5,668,878
Plus (less), year over year change in fair value of equity awards granted in prior years that vested in the year
3,303,515
553,375
520,211
(489,850)
Less, prior year-end fair value for any equity awards forfeited in the year
Plus, pension service cost for services rendered during the year
Plus, dividends or other earnings paid on awards in the covered fiscal year prior to vesting if not otherwise included in
the Summary Compensation Table Total for the covered fiscal year
Compensation Actually Paid to PEO
29,204,964
(6,690,512)
26,713,850
34,545,403
     
Non-PEO NEO Average Total Compensation Amount $ 4,573,625 3,553,671 5,152,260 4,192,671
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,869,301 242,561 7,128,999 6,239,631
Adjustment to Non-PEO NEO Compensation Footnote The amounts reported in column (e) represent the average amount of “compensation actually paid” to our NEOs as a group (excluding Mr. Kreiz), as computed in accordance with Item 402(v) of
Regulation S-K. In accordance with these rules, these amounts reflect average “Total Compensation” as set forth in the Summary Compensation Table for each year, adjusted as shown below.
Equity award values are calculated in accordance with FASB ASC Topic 718, and the valuation assumptions used to calculate fair values were determined in a consistent manner and did not
materially differ from those disclosed at the time of grant, other than for outstanding Performance Units, which uses actual performance achievement of 101% of target for the 2021-2023 LTIP
Performance Units and assumes performance achievement of 35% and 136% of target for the 2022-2024 LTIP Performance Units and 2023-2025 LTIP Performance Units, respectively.
Average Compensation Actually Paid to Non-PEO NEOs
2023
2022
2021
2020
Average Summary Compensation Table Total
4,573,625
3,553,671
5,152,260
4,192,671
Less, average value of “Stock Awards” and “Option Awards” reported in Summary Compensation Table
(2,794,003)
(2,575,001)
(2,643,751)
(1,830,001)
Less, average Change in Pension Value reported in Summary Compensation Table
Plus, average year-end fair value of outstanding and unvested equity awards granted in the year
1,911,644
916,155
2,729,679
4,075,981
Plus, average fair value as of vesting date of equity awards granted and vested in the year
Plus (less), average year over year change in fair value of outstanding and unvested equity awards granted in prior
years
479,476
(1,812,180)
1,501,416
574,009
Plus (less), average year over year change in fair value of equity awards granted in prior years that vested in the year
(39,557)
159,916
389,395
(398,984)
Less, prior year-end fair value for any equity awards forfeited in the year
(261,885)
-
-
(374,046)
Plus, average pension service cost for services rendered during the year
Plus, dividends or other earnings paid on awards in the covered fiscal year prior to vesting if not otherwise included in
the Summary Compensation Table Total for the covered fiscal year
Average Compensation Actually Paid to Non-PEO NEOs
3,869,301
242,561
7,128,999
6,239,631
     
Compensation Actually Paid vs. Total Shareholder Return Compensation Actually Paid, Cumulative TSR, and Peer Group TSR
1099511640709
     
Compensation Actually Paid vs. Net Income Compensation Actually Paid and Net Income
549755827391
     
Compensation Actually Paid vs. Company Selected Measure Compensation Actually Paid and MIP-Adjusted EBITDA Less Capital Charge
549755827431
     
Total Shareholder Return Vs Peer Group Compensation Actually Paid, Cumulative TSR, and Peer Group TSR
1099511640709
     
Tabular List, Table MIP-Adjusted EBITDA Less Capital Charge
2.MIP-Adjusted Net Sales
3.MIP-Adjusted Gross Margin
     
Total Shareholder Return Amount $ 139 132 159 129
Peer Group Total Shareholder Return Amount 149 104 166 133
Net Income (Loss) $ 214,000,000 $ 394,000,000 $ 903,000,000 $ 124,000,000
Company Selected Measure Amount 647,000,000 521,000,000 699,000,000 449,000,000
Additional 402(v) Disclosure 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 executive “compensation actually paid” and certain
financial performance of the Company. For further information concerning the Company’s pay-for-performance philosophy and how
the Company aligns executive compensation with the Company’s performance, refer to “Executive Compensation – Compensation
Discussion and Analysis.”
TSR is calculated by dividing (a) the sum of (i) the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and (ii) the difference between the Company’s
share price at the end of each fiscal year shown and the beginning of the measurement period by (b) the Company’s share price at the beginning of the measurement period. The beginning of
the measurement period for each year in the table is December 31, 2019.
The amounts reported represent the amount of Net Income, in millions, reflected in the Company’s audited financial statements for the applicable year.Description of Certain Relationships between Information
Presented in the Pay versus Performance Table
As described in more detail in the section “Compensation Discussion and Analysis,” the Company’s executive compensation
programs reflect a variable pay-for-performance philosophy. While the Company utilizes several performance measures to align
executive compensation with Company performance, all of those Company measures are not presented in the Pay versus
Performance table. Moreover, the Company generally seeks to incentivize long-term performance and, therefore, does not
specifically align the Company’s performance measures with compensation that is actually paid (as computed in accordance with
SEC rules) for a particular year. In accordance with SEC rules, the Company is providing the following descriptions of the
relationships between information presented in the Pay versus Performance table.
Financial Performance Measures
As described in greater detail under “Compensation Discussion and Analysis,” the Company’s executive compensation programs
reflect a variable pay-for-performance philosophy. The metrics that the Company uses for both our short- and long-term incentives
are selected based on an objective of incentivizing our NEOs to increase the value of our enterprise for our stockholders. The most
important financial performance measures used by the Company to link executive compensation actually paid to the Company’s
NEOs, for the most recently completed fiscal year, to the Company’s performance are as follows:
     
Measure:: 1        
Pay vs Performance Disclosure        
Name 1.MIP-Adjusted EBITDA Less Capital Charge      
Non-GAAP Measure Description The amounts reported represent the amount MIP-Adjusted EBITDA Less Capital Charge, in millions. For a description of the adjustments under MIP-Adjusted EBITDA Less Capital Charge,
please see “Management Incentive Non-GAAP Financial Measures” on page 103.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name 2.MIP-Adjusted Net Sales      
Measure:: 3        
Pay vs Performance Disclosure        
Name 3.MIP-Adjusted Gross Margin      
PEO | Equity Awards Reported Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (11,412,502) $ (10,250,004) $ (9,999,997) $ (9,550,000)
PEO | Change in Pension Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Equity Awards Granted During the Year, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 14,623,811 1,652,156 10,349,756 23,292,943
PEO | Equity Awards Granted During the Year, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Equity Awards Granted in Prior Years, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,741,754 (10,536,425) 9,714,985 5,668,878
PEO | Equity Awards Granted in Prior Years, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,303,515 553,375 520,211 (489,850)
PEO | Equity Awards Granted in Prior Years, Forfeited [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Pension Adjustments, Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Equity Awards, Value of Dividends and Other Earnings Paid Adjustment [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Equity Awards Reported Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,794,003) (2,575,001) (2,643,751) (1,830,001)
Non-PEO NEO | Change in Pension Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Equity Awards Granted During the Year, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,911,644 916,155 2,729,679 4,075,981
Non-PEO NEO | Equity Awards Granted During the Year, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Equity Awards Granted in Prior Years, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 479,476 (1,812,180) 1,501,416 574,009
Non-PEO NEO | Equity Awards Granted in Prior Years, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (39,557) 159,916 389,395 (398,984)
Non-PEO NEO | Equity Awards Granted in Prior Years, Forfeited [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (261,885) 0 0 (374,046)
Non-PEO NEO | Pension Adjustments, Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Equity Awards, Value of Dividends and Other Earnings Paid Adjustment [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0