Pay Versus Performance

This section provides disclosure about the relationship between executive compensation actually paid to our principal executive officer (PEO) and non-PEO NEOs and certain financial performance measures of the Company for the fiscal years listed below. In the tables below, Mr. Cofer is referred to as “PEO 1” and Ms. Springer is referred to as “PEO 2”. This disclosure has been prepared in accordance with Item 402(v) of Regulation S-K under the Securities Exchange Act of 1934 (the “Pay Versus Performance Rules”) and does not necessarily reflect how the Compensation Committee evaluates compensation decisions.


							Value of Initial Fixed $100 Investment Based On:
Year (a)(1)	Summary Compensation Table Total for PEO 1 (b)	Compensation Actually Paid to PEO 1 (c)(2)(3)	Summary Compensation Table Total for PEO 2 (d)	Compensation Actually Paid to PEO 2 (e)(2)(4)	Average Summary Compensation Table Total for Non- PEO NEOs (f)	Average Compensation Actually Paid to Non- PEO NEOs (g)(2)(5)	Total Shareholder Return (h)	Peer Group Total Shareholder Return (i)(6)	Net Income (in thousands) (j)	EBIT (in thousands) (k)(7)
2024	$95,271	($7,498,443)	$1,055,775	$1,061,613	$843,256	$1,040,825	$123.88	$138.35	$107,983	$185,387
2023	$6,615,838	$7,992,997	N/A	N/A	$1,033,257	$1,443,326	$116.77	$110.46	$125,643	$210,646
2022	$7,206,424	$4,579,964	N/A	N/A	$912,291	$111,595	$99.58	$99.70	$152,152	$260,036
2021	$5,026,006	$6,736,432	N/A	N/A	$1,012,168	$1,853,314	$123.47	$103.94	$151,746	$254,496

(1)	The following table lists the PEO and non-PEO NEOs for each of fiscal years 2021, 2022, 2023, and 2024.


Year	PEO	Non-PEO NEOs
2024	Timothy P. Cofer, Mary Beth Springer	Nicholas Lahanas, John Hanson, John D. Walker, and William E. Brown
2023	Timothy P. Cofer	Nicholas Lahanas, John D. Walker, Joyce M. McCarthy, and John Hanson
2022	Timothy P. Cofer	Nicholas Lahanas, William E. Brown, John D. Walker, and John Hanson
2021	Timothy P. Cofer	Nicholas Lahanas, William E. Brown, John D. Walker, and John Hanson

(2)

The dollar amounts reported represent the amount of “compensation actually paid,” as calculated in accordance with the Pay Versus Performance Rules. These dollar amounts do not reflect the actual amounts of compensation earned by or paid to our NEOs during the applicable year. For purposes of calculating “compensation actually paid,” the fair value of equity awards is calculated in accordance with ASC Topic 718 using the same assumption methodologies used to calculate the grant date fair value of awards for purposes of the Summary Compensation Table (please refer to Notes 5 and 6 in “Executive Compensation of Executive Officers – Summary Compensation Table” for additional information).

(3)	The following table shows the amounts deducted from and added to the Summary Compensation Table total to calculate “compensation actually paid” to Timothy P. Cofer in accordance with the Pay Versus Performance Rules:


		Pension Plan Adjustments		Equity Award Adjustments
Year	Summary Compensation Table Total for PEO 1	Change in Pension Value	Pension Service Cost	Reported Value of Equity Awards	Fair Value at Fiscal Year End of Outstanding and Unvested Equity Awards Granted in the Fiscal Year	Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years	Fair Value at Vesting of Equity Awards Granted and Vested in the Fiscal Year	Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year	Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year	Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation	Compensation Actually Paid to PEO 1
2024	$95,271	N/A	N/A	$0	$0	$0	$0	($20,117)	($7,573,597)	$0	($7,498,443)
2023	$6,615,838	N/A	N/A	$2,914,777	$3,040,714	$868,248	$0	$382,974	$0	$0	$7,992,997
2022	$7,206,424	N/A	N/A	$3,199,970	$2,335,414	($1,759,567)	$0	($2,337)	$0	$0	$4,579,964
2021	$5,026,006	N/A	N/A	$2,256,978	$2,359,847	$1,068,296	$0	$539,261	$0	$0	$6,736,432

(4)	The following table shows the amounts deducted from and added to the Summary Compensation Table total to calculate “compensation actually paid” to Mary Beth Springer in accordance with the Pay Versus Performance Rules:


		Pension Plan Adjustments		Equity Award Adjustments
Year	Summary Compensation Table Total for PEO 2	Change in Pension Value	Pension Service Cost	Reported Value of Equity Awards	Fair Value at Fiscal Year End of Outstanding and Unvested Equity Awards Granted in the Fiscal Year	Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years	Fair Value at Vesting of Equity Awards Granted and Vested in the Fiscal Year	Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year	Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year	Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation	Compensation Actually Paid to PEO 2
2024	$1,055,775	N/A	N/A	$120,019	$0	$0	$126,581	($724)	$0	$0	$1,061,613
2023	$0	N/A	N/A	$0	$0	$0	$0	$0	$0	$0	$0
2022	$0	N/A	N/A	$0	$0	$0	$0	$0	$0	$0	$0
2021	$0	N/A	N/A	$0	$0	$0	$0	$0	$0	$0	$0

(5)	The following table shows the amounts deducted from and added to the average Summary Compensation Table total compensation to calculate the average “compensation actually paid” to our non-PEO NEOs in accordance with the Pay Versus Performance Rules.


		Pension Plan Adjustments		Equity Award Adjustments
Year	Average Summary Compensation Table Total for Non-PEO NEOs	Average Change in Pension Value	Average Pension Service Cost	Average Reported Value of Equity Awards	Average Fair Value at Fiscal Year End of Outstanding and Unvested Equity Awards Granted in the Fiscal Year	Average Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years	Average Fair Value at Vesting of Equity Awards Granted and Vested in the Fiscal Year	Average Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year	Average Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year	Average Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation	Average Compensation Actually Paid to Non-PEO NEOs
2024	$843,256	N/A	N/A	$333,874	$350,743	$50,914	$0	$129,786	$0	$0	$1,040,825
2023	$1,033,257	N/A	N/A	$237,498	$249,595	$277,719	$0	$120,253	$0	$0	$1,443,326
2022	$912,291	N/A	N/A	$299,994	$238,508	($713,970)	$0	($25,240)	$0	$0	$111,595
2021	$1,012,168	N/A	N/A	$231,594	$243,849	$708,939	$0	$119,952	$0	$0	$1,853,314

(6)

In accordance with the Pay Versus Performance Rules, the Company and the Company’s peer group total shareholder return (the “Peer Group TSR”) is determined based on the value of an initial fixed investment of $100 on 9/28/2019, through the end of the listed fiscal year. The Peer Group TSR set forth in this table was determined using Dow Jones U.S. Non-durable Household Products Index, which we also use in preparing the stock performance graph required by Item 201(e) of Regulation S-K for our Annual Report for the fiscal year ended September 28, 2024.

(7)

We have determined that EBIT, which the Company defines for compensation purposes as earnings before interest, taxes and other income (expense), is the financial performance measure that, in the Company’s assessment, represents the most important financial performance measure used to link “compensation actually paid” to our NEOs, for fiscal year 2024, to company performance (the “Company Selected Measure” as defined in the Pay Versus Performance Rules).

Named Executive Officers, Footnote

(1)	The following table lists the PEO and non-PEO NEOs for each of fiscal years 2021, 2022, 2023, and 2024.


Year	PEO	Non-PEO NEOs
2024	Timothy P. Cofer, Mary Beth Springer	Nicholas Lahanas, John Hanson, John D. Walker, and William E. Brown
2023	Timothy P. Cofer	Nicholas Lahanas, John D. Walker, Joyce M. McCarthy, and John Hanson
2022	Timothy P. Cofer	Nicholas Lahanas, William E. Brown, John D. Walker, and John Hanson
2021	Timothy P. Cofer	Nicholas Lahanas, William E. Brown, John D. Walker, and John Hanson

Adjustment To PEO Compensation, Footnote

(3)	The following table shows the amounts deducted from and added to the Summary Compensation Table total to calculate “compensation actually paid” to Timothy P. Cofer in accordance with the Pay Versus Performance Rules:


		Pension Plan Adjustments		Equity Award Adjustments
Year	Summary Compensation Table Total for PEO 1	Change in Pension Value	Pension Service Cost	Reported Value of Equity Awards	Fair Value at Fiscal Year End of Outstanding and Unvested Equity Awards Granted in the Fiscal Year	Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years	Fair Value at Vesting of Equity Awards Granted and Vested in the Fiscal Year	Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year	Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year	Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation	Compensation Actually Paid to PEO 1
2024	$95,271	N/A	N/A	$0	$0	$0	$0	($20,117)	($7,573,597)	$0	($7,498,443)
2023	$6,615,838	N/A	N/A	$2,914,777	$3,040,714	$868,248	$0	$382,974	$0	$0	$7,992,997
2022	$7,206,424	N/A	N/A	$3,199,970	$2,335,414	($1,759,567)	$0	($2,337)	$0	$0	$4,579,964
2021	$5,026,006	N/A	N/A	$2,256,978	$2,359,847	$1,068,296	$0	$539,261	$0	$0	$6,736,432

(4)	The following table shows the amounts deducted from and added to the Summary Compensation Table total to calculate “compensation actually paid” to Mary Beth Springer in accordance with the Pay Versus Performance Rules:


		Pension Plan Adjustments		Equity Award Adjustments
Year	Summary Compensation Table Total for PEO 2	Change in Pension Value	Pension Service Cost	Reported Value of Equity Awards	Fair Value at Fiscal Year End of Outstanding and Unvested Equity Awards Granted in the Fiscal Year	Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years	Fair Value at Vesting of Equity Awards Granted and Vested in the Fiscal Year	Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested in the Fiscal Year	Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year	Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Reflected in Total Compensation	Compensation Actually Paid to PEO 2
2024	$1,055,775	N/A	N/A	$120,019	$0	$0	$126,581	($724)	$0	$0	$1,061,613
2023	$0	N/A	N/A	$0	$0	$0	$0	$0	$0	$0	$0
2022	$0	N/A	N/A	$0	$0	$0	$0	$0	$0	$0	$0
2021	$0	N/A	N/A	$0	$0	$0	$0	$0	$0	$0	$0

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,040,825

1,443,326

111,595

1,853,314

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid and TSR

Compensation Actually Paid vs. Company Selected Measure

Compensation Actually Paid and EBIT

Tabular List, Table

Tabular Disclosure of Most Important Performance Measures

In accordance with the Pay Versus Performance Rules, the following table lists the six measures that, in the Company’s assessment, represent the most important financial performance measures used to link “compensation actually paid” to the Company’s NEOs, for fiscal year 2024, to Company performance, as further described in our Compensation Discussion and Analysis within the sections titled “Executive Compensation – Compensation Discussion and Analysis – Allocation and Amount” and “Executive Compensation – Compensation Discussion and Analysis – Equity Awards – Performance Share Units.”


	Most Important Performance Measures
	Earnings Before Interest, Tax, and Other Income (Expense), or EBIT
	Net Sales
	Non-GAAP Gross Margin
	Organic EBIT CAGR
	Organic Net Sales CAGR
	Relative Total Shareholder Return

Peer Group Total Shareholder Return Amount

138.35

110.46

99.7

103.94

Company Selected Measure Amount

185,387,000

210,646,000

260,036,000

254,496,000

Additional 402(v) Disclosure

Compensation Actually Paid, TSR, Net Income, and EBIT