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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table

Pay Versus Performance

The following table sets forth information regarding compensation of our CEO (referred to as our “PEO” in this section) and our other NEOs (the “Non-PEO NEOs”) on an average basis, along with total shareholder return, net income, and Adjusted EBIT for our fiscal

years 2025, 2024, 2023, 2022, and 2021, as required by the SEC’s pay versus performance rules. For information regarding the Compensation and Human Capital Committee’s pay-for-performance philosophy and how executive compensation is aligned with Company performance, refer to the CD&A.

Pay Versus Performance Tables (“PVP”)

  SCT Total CAP to Average SCT
Total for Non-PEO
Average CAP to Value of Initial Fixed $100
Investment Based On:
Net Income Adjusted
EBIT
Year for PEO(1) PEO(5) NEOs(1) Non-PEO NEOs(5) TSR Peer Group TSR(2) ($mm) ($mm)(3)
(a) (b) (c) (d) (e)

(f)

(g) (h) (i)
2025 $10,093,861 $13,179,839 $4,686,898 $5,249,310 $112 $85 $188 $284
2024 $10,159,098 $8,929,824 $3,810,768(4) $3,401,735(4) $91 $70 $143 $218
2023 $8,642,843 $6,518,542 $2,281,477 $1,577,949 $107 $88 $64 $123
2022 $10,533,675 $(2,915,608) $3,770,625 $1,515,940 $76 $83 $395 $553
2021 $10,993,750 $24,642,255 $3,792,843 $5,626,233 $123 $122 $288 $398

Legend

SCT — “Summary Compensation Table”

CAP — “Compensation Actually Paid”

TSR — “Total Shareholder Return”

(1) The following individuals are included as PEO and Non-PEO NEOs in the table above.

Year PEO Non-PEO NEOs
2025 - 2024 Jason D. Lippert Lillian D. Etzkorn, Ryan R. Smith, Jamie M. Schnur, Andrew J. Namenye
2023 Jason D. Lippert Lillian D. Etzkorn, Ryan R. Smith, Jamie M. Schnur, Andrew J. Namenye, Brian M. Hall
2022 - 2021 Jason D. Lippert Brian M. Hall, Ryan R. Smith, Jamie M. Schnur, Andrew J. Namenye
(2) Our peer group for the calculation of TSR is the S&P Composite 1500 Auto Parts & Equipment Index, which is the industry index used in our stock price performance graph in our 2025 Annual Report to Stockholders.
(3) Adjusted EBIT is identified as our company-selected measure. Adjusted EBIT is a non-GAAP financial measure. Refer to Appendix A to this Proxy Statement for a reconciliation of this non-GAAP financial measure to the corresponding GAAP measure.
(4) 2024 SCT and CAP values for Average non-PEO NEOs have been updated by $1,576 to reflect differences in prior year PVP calculations from SCT reported values.
(5) The following adjustments were made to adjust SCT total pay in determining CAP. No adjustments were required in respect of stock options as none were granted and included in the SCT during 2021 – 2025.
        Deductions from SCT Total Additions or Deductions to SCT Total  
NEO Year   SCT Total Amounts Reported
in the Summary
Compensation
Table Stock Awards
Column
Amounts Reported
in the Summary
Compensation
Table for Pension
Value ($)
Value of Equity
Award Adjustments
Calculated in
Accordance with CAP
Requirements(a)
Value of Service
Cost and Prior
Service Cost under
the Pension Plans
CAP

Jason D.

Lippert

2025 $ 10,093,861 $ (6,221,621) $ 9,307,599 $ 13,179,839
2024 $ 10,159,098 $ (6,681,590) $ 5,452,316 $ 8,929,824
2023 $ 8,642,843 $ (7,169,980) $ 5,045,679 $ 6,518,542
2022 $ 10,533,675 $ (6,522,567) $ (6,926,716) $ (2,915,608)
2021 $ 10,993,750 $ (5,245,239) $ 18,893,744 $ 24,642,255

Average for

Non-PEO

NEOs

2025 $ 4,686,898 $ (1,879,756) $ 2,442,167 $ 5,249,310
2024 $ 3,810,768 $ (1,956,314) $ 1,547,281 $ 3,401,735
2023 $ 2,281,477 $ (1,585,792) $ 882,263 $ 1,577,949
2022 $ 3,770,625 $ (1,680,171) $ (574,514) $ 1,515,940
2021 $ 3,792,843 $ (1,087,172) $ 2,920,563 $ 5,626,233

(a) The following elements comprise the equity fair value adjustments included in CAP.

NEO Year Fair value at
fiscal year(FY)
end, of equity
awards granted
during the FY
that remained
outstanding
Change in fair
value at FY end
versus prior FY
end for awards
granted in
any prior FY
that remained
outstanding
Change in fair
value at vesting
date versus
prior FY end for
awards granted
in any prior
FY that vested
during the FY
Increase in fair
value of awards
granted during
applicable FY
that vested
during applicable
FY, determined
as of vesting date
Reduction of fair
value of awards
granted during
prior FY that
were forfeited
during applicable
FY, determined
as of prior FY end
Total Equity
Adjustments
Reflected in CAP

Jason D.

Lippert

2025 $ 7,864,897 $ 1,279,152 $ 163,550 $ $ $ 9,307,599
2024 $ 5,456,200 $ (431,178) $ 427,293 $ $ $ 5,452,316
2023 $ 2,523,251 $ 630,644 $ 1,891,784 $ $ $ 5,045,679
2022 $ 3,128,591 $ (6,657,207) $ (3,398,100) $ $ $ (6,926,716)
2021 $ 9,113,251 $ 9,213,995 $ 566,498 $ $ $ 18,893,744

Average for

Non-PEO

NEOs

2025 $ 2,026,385 $ 336,716 $ 37,506 $ 117,800 $ (76,241) $ 2,442,167
2024 $ 1,597,531 $ (122,364) $ 72,114 $ $ $ 1,547,281
2023 $ 596,067 $ 22,340 $ 263,856 $ $ $ 882,263
2022 $ 854,897 $ (1,049,842) $ (379,569) $ $ $ (574,514)
2021 $ 1,888,872 $ 940,829 $ 90,862 $ $ $ 2,920,563
       
Company Selected Measure Name Adjusted EBIT        
Named Executive Officers, Footnote

(1) The following individuals are included as PEO and Non-PEO NEOs in the table above.

Year PEO Non-PEO NEOs
2025 - 2024 Jason D. Lippert Lillian D. Etzkorn, Ryan R. Smith, Jamie M. Schnur, Andrew J. Namenye
2023 Jason D. Lippert Lillian D. Etzkorn, Ryan R. Smith, Jamie M. Schnur, Andrew J. Namenye, Brian M. Hall
2022 - 2021 Jason D. Lippert Brian M. Hall, Ryan R. Smith, Jamie M. Schnur, Andrew J. Namenye
       
Peer Group Issuers, Footnote
(2) Our peer group for the calculation of TSR is the S&P Composite 1500 Auto Parts & Equipment Index, which is the industry index used in our stock price performance graph in our 2025 Annual Report to Stockholders.
       
PEO Total Compensation Amount $ 10,093,861 $ 10,159,098 $ 8,642,843 $ 10,533,675 $ 10,993,750
PEO Actually Paid Compensation Amount $ 13,179,839 8,929,824 6,518,542 (2,915,608) 24,642,255
Adjustment To PEO Compensation, Footnote
(5) The following adjustments were made to adjust SCT total pay in determining CAP. No adjustments were required in respect of stock options as none were granted and included in the SCT during 2021 – 2025.
        Deductions from SCT Total Additions or Deductions to SCT Total  
NEO Year   SCT Total Amounts Reported
in the Summary
Compensation
Table Stock Awards
Column
Amounts Reported
in the Summary
Compensation
Table for Pension
Value ($)
Value of Equity
Award Adjustments
Calculated in
Accordance with CAP
Requirements(a)
Value of Service
Cost and Prior
Service Cost under
the Pension Plans
CAP

Jason D.

Lippert

2025 $ 10,093,861 $ (6,221,621) $ 9,307,599 $ 13,179,839
2024 $ 10,159,098 $ (6,681,590) $ 5,452,316 $ 8,929,824
2023 $ 8,642,843 $ (7,169,980) $ 5,045,679 $ 6,518,542
2022 $ 10,533,675 $ (6,522,567) $ (6,926,716) $ (2,915,608)
2021 $ 10,993,750 $ (5,245,239) $ 18,893,744 $ 24,642,255

Average for

Non-PEO

NEOs

2025 $ 4,686,898 $ (1,879,756) $ 2,442,167 $ 5,249,310
2024 $ 3,810,768 $ (1,956,314) $ 1,547,281 $ 3,401,735
2023 $ 2,281,477 $ (1,585,792) $ 882,263 $ 1,577,949
2022 $ 3,770,625 $ (1,680,171) $ (574,514) $ 1,515,940
2021 $ 3,792,843 $ (1,087,172) $ 2,920,563 $ 5,626,233

(a) The following elements comprise the equity fair value adjustments included in CAP.

NEO Year Fair value at
fiscal year(FY)
end, of equity
awards granted
during the FY
that remained
outstanding
Change in fair
value at FY end
versus prior FY
end for awards
granted in
any prior FY
that remained
outstanding
Change in fair
value at vesting
date versus
prior FY end for
awards granted
in any prior
FY that vested
during the FY
Increase in fair
value of awards
granted during
applicable FY
that vested
during applicable
FY, determined
as of vesting date
Reduction of fair
value of awards
granted during
prior FY that
were forfeited
during applicable
FY, determined
as of prior FY end
Total Equity
Adjustments
Reflected in CAP

Jason D.

Lippert

2025 $ 7,864,897 $ 1,279,152 $ 163,550 $ $ $ 9,307,599
2024 $ 5,456,200 $ (431,178) $ 427,293 $ $ $ 5,452,316
2023 $ 2,523,251 $ 630,644 $ 1,891,784 $ $ $ 5,045,679
2022 $ 3,128,591 $ (6,657,207) $ (3,398,100) $ $ $ (6,926,716)
2021 $ 9,113,251 $ 9,213,995 $ 566,498 $ $ $ 18,893,744

Average for

Non-PEO

NEOs

2025 $ 2,026,385 $ 336,716 $ 37,506 $ 117,800 $ (76,241) $ 2,442,167
2024 $ 1,597,531 $ (122,364) $ 72,114 $ $ $ 1,547,281
2023 $ 596,067 $ 22,340 $ 263,856 $ $ $ 882,263
2022 $ 854,897 $ (1,049,842) $ (379,569) $ $ $ (574,514)
2021 $ 1,888,872 $ 940,829 $ 90,862 $ $ $ 2,920,563
       
Non-PEO NEO Average Total Compensation Amount $ 4,686,898 3,810,768 2,281,477 3,770,625 3,792,843
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,249,310 3,401,735 1,577,949 1,515,940 5,626,233
Adjustment to Non-PEO NEO Compensation Footnote
(5) The following adjustments were made to adjust SCT total pay in determining CAP. No adjustments were required in respect of stock options as none were granted and included in the SCT during 2021 – 2025.
        Deductions from SCT Total Additions or Deductions to SCT Total  
NEO Year   SCT Total Amounts Reported
in the Summary
Compensation
Table Stock Awards
Column
Amounts Reported
in the Summary
Compensation
Table for Pension
Value ($)
Value of Equity
Award Adjustments
Calculated in
Accordance with CAP
Requirements(a)
Value of Service
Cost and Prior
Service Cost under
the Pension Plans
CAP

Jason D.

Lippert

2025 $ 10,093,861 $ (6,221,621) $ 9,307,599 $ 13,179,839
2024 $ 10,159,098 $ (6,681,590) $ 5,452,316 $ 8,929,824
2023 $ 8,642,843 $ (7,169,980) $ 5,045,679 $ 6,518,542
2022 $ 10,533,675 $ (6,522,567) $ (6,926,716) $ (2,915,608)
2021 $ 10,993,750 $ (5,245,239) $ 18,893,744 $ 24,642,255

Average for

Non-PEO

NEOs

2025 $ 4,686,898 $ (1,879,756) $ 2,442,167 $ 5,249,310
2024 $ 3,810,768 $ (1,956,314) $ 1,547,281 $ 3,401,735
2023 $ 2,281,477 $ (1,585,792) $ 882,263 $ 1,577,949
2022 $ 3,770,625 $ (1,680,171) $ (574,514) $ 1,515,940
2021 $ 3,792,843 $ (1,087,172) $ 2,920,563 $ 5,626,233

(a) The following elements comprise the equity fair value adjustments included in CAP.

NEO Year Fair value at
fiscal year(FY)
end, of equity
awards granted
during the FY
that remained
outstanding
Change in fair
value at FY end
versus prior FY
end for awards
granted in
any prior FY
that remained
outstanding
Change in fair
value at vesting
date versus
prior FY end for
awards granted
in any prior
FY that vested
during the FY
Increase in fair
value of awards
granted during
applicable FY
that vested
during applicable
FY, determined
as of vesting date
Reduction of fair
value of awards
granted during
prior FY that
were forfeited
during applicable
FY, determined
as of prior FY end
Total Equity
Adjustments
Reflected in CAP

Jason D.

Lippert

2025 $ 7,864,897 $ 1,279,152 $ 163,550 $ $ $ 9,307,599
2024 $ 5,456,200 $ (431,178) $ 427,293 $ $ $ 5,452,316
2023 $ 2,523,251 $ 630,644 $ 1,891,784 $ $ $ 5,045,679
2022 $ 3,128,591 $ (6,657,207) $ (3,398,100) $ $ $ (6,926,716)
2021 $ 9,113,251 $ 9,213,995 $ 566,498 $ $ $ 18,893,744

Average for

Non-PEO

NEOs

2025 $ 2,026,385 $ 336,716 $ 37,506 $ 117,800 $ (76,241) $ 2,442,167
2024 $ 1,597,531 $ (122,364) $ 72,114 $ $ $ 1,547,281
2023 $ 596,067 $ 22,340 $ 263,856 $ $ $ 882,263
2022 $ 854,897 $ (1,049,842) $ (379,569) $ $ $ (574,514)
2021 $ 1,888,872 $ 940,829 $ 90,862 $ $ $ 2,920,563
       
Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid versus Total Shareholder Return

 

       
Compensation Actually Paid vs. Net Income

Compensation Actually Paid versus Net Income

 

       
Compensation Actually Paid vs. Company Selected Measure

Compensation Actually Paid versus Adjusted EBIT

 

       
Total Shareholder Return Vs Peer Group

Compensation Actually Paid versus Total Shareholder Return

 

       
Tabular List, Table

TABULAR LIST OF COMPANY

For the fiscal year ended December 31, 2025, Adjusted EBIT is identified as the most important financial performance measure in linking “compensation actually paid” to our performance. Adjusted EBIT was one of only two performance measures used in our annual cash incentive program in 2025 (in addition to Cash Flow from Operations). The other most important financial performance measure used in 2025 in linking “compensation actually paid” to our performance is ROIC; ROIC was one of two performance measures used in our PSU awards granted in 2025 (in addition to Free Cash Flow as a percentage of Operating Profit). We used these four financial measures in our 2025 incentive plans, so they are being disclosed in the following table.

   

Tabular List of Most Important Measures

(1) Adjusted EBIT
(2) ROIC
(3) Cash Flow from Operations
(4) Free Cash Flow as a percentage of Operating Profit
       
Total Shareholder Return Amount $ 112 91 107 76 123
Peer Group Total Shareholder Return Amount 85 70 88 83 122
Net Income (Loss) $ 188,000,000 $ 143,000,000 $ 64,000,000 $ 395,000,000 $ 288,000,000
Company Selected Measure Amount 284,000,000 218,000,000 123,000,000 553,000,000 398,000,000
PEO Name Jason D. Lippert Jason D. Lippert Jason D. Lippert Jason D. Lippert Jason D. Lippert
Additional 402(v) Disclosure

TSR was not used as a performance measure in our 2025 annual cash incentive or equity programs. However, the fact that stock price impacts the value of outstanding and vested equity awards means that there is some relationship between CAP and our TSR performance.

Our company-selected measure is Adjusted EBIT, which was the principal performance measure under our annual cash incentive program in 2025. Even with the weight of this measure in our incentive framework, there is a limited relationship with CAP. Similarly, we do not use GAAP net income in our incentive plans. Accordingly, there is a limited relationship with CAP.

       
Equity Awards Adjustments, Footnote

(a) The following elements comprise the equity fair value adjustments included in CAP.

NEO Year Fair value at
fiscal year(FY)
end, of equity
awards granted
during the FY
that remained
outstanding
Change in fair
value at FY end
versus prior FY
end for awards
granted in
any prior FY
that remained
outstanding
Change in fair
value at vesting
date versus
prior FY end for
awards granted
in any prior
FY that vested
during the FY
Increase in fair
value of awards
granted during
applicable FY
that vested
during applicable
FY, determined
as of vesting date
Reduction of fair
value of awards
granted during
prior FY that
were forfeited
during applicable
FY, determined
as of prior FY end
Total Equity
Adjustments
Reflected in CAP

Jason D.

Lippert

2025 $ 7,864,897 $ 1,279,152 $ 163,550 $ $ $ 9,307,599
2024 $ 5,456,200 $ (431,178) $ 427,293 $ $ $ 5,452,316
2023 $ 2,523,251 $ 630,644 $ 1,891,784 $ $ $ 5,045,679
2022 $ 3,128,591 $ (6,657,207) $ (3,398,100) $ $ $ (6,926,716)
2021 $ 9,113,251 $ 9,213,995 $ 566,498 $ $ $ 18,893,744

Average for

Non-PEO

NEOs

2025 $ 2,026,385 $ 336,716 $ 37,506 $ 117,800 $ (76,241) $ 2,442,167
2024 $ 1,597,531 $ (122,364) $ 72,114 $ $ $ 1,547,281
2023 $ 596,067 $ 22,340 $ 263,856 $ $ $ 882,263
2022 $ 854,897 $ (1,049,842) $ (379,569) $ $ $ (574,514)
2021 $ 1,888,872 $ 940,829 $ 90,862 $ $ $ 2,920,563
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted EBIT        
Non-GAAP Measure Description
(3) Adjusted EBIT is identified as our company-selected measure. Adjusted EBIT is a non-GAAP financial measure. Refer to Appendix A to this Proxy Statement for a reconciliation of this non-GAAP financial measure to the corresponding GAAP measure.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name ROIC        
Measure:: 3          
Pay vs Performance Disclosure          
Name Cash Flow from Operations        
Measure:: 4          
Pay vs Performance Disclosure          
Name Free Cash Flow as a percentage of Operating Profit        
PEO | 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 $ 0 $ 0 $ 0 $ 0 $ 0
PEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (6,221,621) (6,681,590) (7,169,980) (6,522,567) (5,245,239)
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 9,307,599 5,452,316 5,045,679 (6,926,716) 18,893,744
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 7,864,897 5,456,200 2,523,251 3,128,591 9,113,251
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 1,279,152 (431,178) 630,644 (6,657,207) 9,213,995
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
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 163,550 427,293 1,891,784 (3,398,100) 566,498
PEO | 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 0 0 0 0 0
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 0 0 0 0 0
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
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 (1,879,756) (1,956,314) (1,585,792) (1,680,171) (1,087,172)
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,442,167 1,547,281 882,263 (574,514) 2,920,563
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 2,026,385 1,597,531 596,067 854,897 1,888,872
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 336,716 (122,364) 22,340 (1,049,842) 940,829
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 117,800 0 0 0 0
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 37,506 72,114 263,856 (379,569) 90,862
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 $ (76,241) $ 0 $ 0 $ 0 $ 0