XML 45 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Year
(a)
Summary Compensation Table Total for PEO(1)(2)
($)
(b)
Compensation Actually Paid to PEO(3)(4)
($)
(c)
Average Summary Compensation Table Total for Non-PEO NEOs(3)
($)(d)
Average Compensation Actually Paid to Non-PEO NEOs
(e)(1)(3)(4)
Value of Initial Fixed $100 Investment Based On:(5)
Net Income
($mm)
(h)
Adjusted
Operating
Income
($mm)
(i)
Total Shareholder Return
(f)
Peer Group Total
Shareholder Return
(g)
20224,237,236 2,166,1461,036,904 703,292 113.95138.3978.8105.2
20212,994,500 3,543,5681,075,700 963,934 193.48202.44103.388.0
20203,043,500 4,189,4731,155,400 1,432,153 162.81141.9465.484.1
   
Named Executive Officers, Footnote [Text Block] Mr. Litwin was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are as follows:
2022: Thomas Clark, Claudia Hughes, Manoj Shetty and Klaus Werner.
2021: Richard Leeds, Bruce Leeds, Robert Leeds, Thomas Clark and Eric Lerner.
2020: Richard Leeds, Bruce Leeds, Robert Leeds, Thomas Clark, Ritesh Chaturbedi, Robert Dooley and Eric Lerner.
   
Peer Group Issuers, Footnote [Text Block] For each of 2022, 2021 and 2020, total shareholder return for the Company and the peer group represents the dollar value as of December 31, 2022, 2021 and 2020, of a deemed fixed investment of $100 at market close on December 31, 2019, assuming reinvestment of dividends    
PEO Total Compensation Amount $ 4,237,236 $ 2,994,500 $ 3,043,500
PEO Actually Paid Compensation Amount $ 2,166,146 3,543,568 4,189,473
Adjustment To PEO Compensation, Footnote [Text Block]
PEO202220212020
Summary Compensation Table ("SCT") Total for PEO (column (b))$4,237,236 $2,994,500 $3,043,500 
-
aggregate change in actuarial present value of pension benefits
$— $— $— 
+service cost of pension benefits$— $— $— 
+prior service cost of pension benefits$— $— $— 
-SCT “Stock Awards” column value$(1,700,000)$(850,000)$(700,000)
-SCT “Option Awards” column value$— $(150,000)$— 
+year-end fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered year-end$986,025 $1,033,908 $1,010,159 
[+/-]year-over-year change in fair value of equity awards granted in prior years that are outstanding and unvested as of the covered year-end$(1,463,516)$444,935 $849,800 
+vesting date fair value of equity awards granted and vested in the covered year$200,013 $— $— 
[+/-]year-over-year change in fair value of equity awards granted in prior years that vested in the covered year$(93,612)$70,225 $(13,986)
-fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year$— $— $— 
+dollar value of dividends/earnings paid on equity awards in the covered year$— $— $— 
+excess fair value for equity award modifications$— $— $— 
Compensation Actually Paid to PEO (column (c)) $2,166,146 $3,543,568 $4,189,473 
   
Non-PEO NEO Average Total Compensation Amount $ 1,036,904 1,075,700 1,155,400
Non-PEO NEO Average Compensation Actually Paid Amount $ 703,292 963,934 1,432,153
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Average for Non-PEO NEOs202220212020
Average SCT Total for Non-PEO NEOs (column (d))$1,036,904 $1,075,700 $1,155,400 
-
aggregate change in actuarial present value of pension benefits
$— $— $— 
+service cost of pension benefits$— $— $— 
+prior service cost of pension benefits$— $— $— 
-SCT “Stock Awards” column value$(197,150)$(18,960)$(71,400)
-SCT “Option Awards” column value$(89,625)$(18,960)$(71,557)
+year-end fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered year-end$187,539 $33,741 $247,991 
[+/-]year-over-year change in fair value of equity awards granted in prior years that are outstanding and unvested as of the covered year-end$(161,246)$17,720 $138,509 
+vesting date fair value of equity awards granted and vested in the covered year$— $— $— 
[+/-]year-over-year change in fair value of equity awards granted in prior years that vested in the covered year$(73,130)$28,086 $33,210 
-fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year$— $(153,393)$— 
+dollar value of dividends/earnings paid on equity awards in the covered year$— $— $— 
+excess fair value for equity award modifications$— $— $— 
Average Compensation Actually Paid to Non-PEO NEOs (column (e))$703,292 $963,934 $1,432,153 
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block] Graph 1.jpg    
Compensation Actually Paid vs. Net Income [Text Block] Graph 2.jpg    
Compensation Actually Paid vs. Company Selected Measure [Text Block] Graph 3.jpg    
Total Shareholder Return Vs Peer Group [Text Block] The chart below reflects the relationship between the PEO CAP and Average Non-PEO NEO CAP, Global Industrial TSR and Peer Group TSR.    
Tabular List [Table Text Block]
Most Important Performance Measures
(3 to 7 metrics w/o ranking)
Net Sales
Gross Profit
Gross Margin
Adjusted Operating Income
   
Total Shareholder Return Amount $ 113.95 193.48 162.81
Peer Group Total Shareholder Return Amount 138.39 202.44 141.94
Net Income (Loss) $ 78,800,000 $ 103,300,000 $ 65,400,000
Company Selected Measure Amount 105,200,000 88,000,000.0 84,100,000
PEO Name Mr. Litwin    
Additional 402(v) Disclosure [Text Block] The dollar amounts reported in column (b) are the amounts of total compensation reported for Mr. Litwin for each corresponding year in the Total Compensation column of the Summary Compensation Table. See Summary Compensation Table on page 54 of this Proxy Statement.The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually realized or received by the Company’s NEOs. These amounts reflect total compensation as set forth in the Summary Compensation Table above for each corresponding year, adjusted as described in footnote 4 below.    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Net Sales    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Gross Profit    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Gross Margin    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Operating Income    
PEO [Member] | Aggregated Change In Actuarial Present Value Of Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ 0 $ 0
PEO [Member] | Service Cost Of Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Prior Service Cost Of Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | SCT Stock Awards Common Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,700,000) (850,000) (700,000)
PEO [Member] | SCT Option Awards Common Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 (150,000) 0
PEO [Member] | Year-End Fair Value of Equity Awards Granted In The Covered Year That Were Outstanding And Unvested As Of The Covered Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 986,025 1,033,908 1,010,159
PEO [Member] | Year-Over-Year Change In Fair Value Of Equity Awards Granted In Prior Years That Are Outstanding And Unvested As Of The Covered Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,463,516) 444,935 849,800
PEO [Member] | Vesting Date Fair Value Of Equity Awards Granted And Vested In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 200,013 0 0
PEO [Member] | Year-Over-Year Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (93,612) 70,225 (13,986)
PEO [Member] | Fair Value As Of Prior-Year End Of Equity Awards Granted In Prior Years That Failed To Vest In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Dollar Value Of Dividends/Earnings Paid On Equity Awards In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Excess Fair Value For Equity Award Modifications [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Aggregated Change In Actuarial Present Value Of Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Service Cost Of Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Prior Service Cost Of Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | SCT Stock Awards Common Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (197,150) (18,960) (71,400)
Non-PEO NEO [Member] | SCT Option Awards Common Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (89,625) (18,960) (71,557)
Non-PEO NEO [Member] | Year-End Fair Value of Equity Awards Granted In The Covered Year That Were Outstanding And Unvested As Of The Covered Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 187,539 33,741 247,991
Non-PEO NEO [Member] | Year-Over-Year Change In Fair Value Of Equity Awards Granted In Prior Years That Are Outstanding And Unvested As Of The Covered Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (161,246) 17,720 138,509
Non-PEO NEO [Member] | Vesting Date Fair Value Of Equity Awards Granted And Vested In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Year-Over-Year Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (73,130) 28,086 33,210
Non-PEO NEO [Member] | Fair Value As Of Prior-Year End Of Equity Awards Granted In Prior Years That Failed To Vest In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 (153,393) 0
Non-PEO NEO [Member] | Dollar Value Of Dividends/Earnings Paid On Equity Awards In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Excess Fair Value For Equity Award Modifications [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ 0 $ 0