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<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:7.372%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.677%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.983%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.122%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.844%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.011%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.038%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.042%"/><td style="width:0.1%"/></tr><tr style="height:29pt"><td colspan="3" rowspan="2" style="background-color:#d3171f;border-left:1pt solid #d3171f;border-right:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Year</span></td><td colspan="3" rowspan="2" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Summary Compensation Table Total for PEO</span><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:700;line-height:112%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" rowspan="2" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Compensation Actually Paid (“CAP”) to PEO</span><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:700;line-height:112%;position:relative;top:-2.8pt;vertical-align:baseline">1,2</span></div></td><td colspan="3" rowspan="2" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Average Summary Compensation Table Total for Non-PEO NEOs</span><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:700;line-height:112%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" rowspan="2" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Average Compensation Actually Paid (“CAP”) to Non-PEO NEOs</span><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:700;line-height:112%;position:relative;top:-2.8pt;vertical-align:baseline">1,2</span></div></td><td colspan="6" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Value of Initial Fixed $100 Investment Based On:</span><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:700;line-height:112%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" rowspan="2" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Net Income ($MM)</span></td><td colspan="3" rowspan="2" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">ROIC</span><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:700;line-height:112%;position:relative;top:-2.8pt;vertical-align:baseline">4</span></div></td></tr><tr style="height:29pt"><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">TSR</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Peer Group TSR</span></td></tr><tr><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2022</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$9,778,425</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$10,488,051</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$2,155,049</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$2,295,919</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$147.75</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$120.71</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$300.0</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">21.7%</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">2021</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$9,540,015</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$15,777,895</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$2,426,224</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$3,531,383</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$149.92</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$141.86</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$220.9</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">18.8%</span></td></tr><tr><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2020</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$7,439,350</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$9,345,885</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$1,798,733</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$2,175,346</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$117.87</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$115.38</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$(10.6)</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span 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This table shows compensation figures for John L. Garrison, Jr., our PEO, for each of the years listed. The Non-PEO NEOs for whom the average compensation is presented in this table are: for the 2022 fiscal year, Julie Beck, Kieran Hegarty, Simon Meester and Scott Posner; for the 2021 fiscal year, John D. Sheehan, Kieran Hegarty, Scott Posner and Amy George; and for the 2020 fiscal year, John D. Sheehan, Kieran Hegarty, Scott Posner and Amy George.
John L. Garrison, Jr.
The amounts shown for CAP 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 with the following deductions (grant date fair value of all equity awards granted during the fiscal year) and additions (the fair value as of the end of the fiscal year of awards granted in that fiscal year that remain outstanding and unvested as of fiscal year-end; the change in fair value from the prior fiscal year-end to that fiscal year-end of equity awards granted in prior years that remained outstanding and unvested at fiscal year-end; and the change in fair value from the prior fiscal year-end through the vesting date of equity awards granted in prior years that vested during that fiscal year), as detailed in the table below. Fair value of time-based awards is based on the price of our common stock at year-end date or, in the case of vesting date, the actual vesting price. The fair value of performance-based awards, except for awards based on a market condition, is based on the same valuation methodology, except year-end values are multiplied by the probability of achievement as of the year-end date or, in the case of vesting date, the vesting date values are multiplied by actual shares earned based on performance. For awards based on a market condition, fair value is based on the Monte Carlo method as of the year-end date or, in the case of vesting date, the actual vesting price and actual shares earned.<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:34.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.597%"/><td style="width:0.1%"/></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="background-color:#d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:0 1pt"/><td colspan="6" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">2020</span></td><td colspan="6" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">2021</span></td><td colspan="6" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">2022</span></td></tr><tr style="height:32pt"><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">PEO</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Average of Non-PEO NEOs</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">PEO</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Average of Non-PEO NEOs</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">PEO</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #d3171f;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Average of Non-PEO NEOs</span></td></tr><tr><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-18pt;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Compensation Total for covered fiscal year (“FY”) from Summary Compensation Table (“SCT”)</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$7,439,350</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$1,798,733</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$9,540,015</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$2,426,224</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$9,778,425</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$2,155,049</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">DEDUCT:</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%"> grant date fair value (“GDFV”) of awards granted during FY, reported under the Stock Awards column in the SCT</span></div></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$5,871,064</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$1,039,668</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$6,005,749</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$1,128,010</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$5,956,740</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$1,023,006</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">ADD: </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">FY-end fair value of awards granted during year that remain outstanding and unvested as of FY-end</span></div></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$9,106,749</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$1,612,654</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$6,575,896</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$1,286,783</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$6,808,043</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$1,169,208</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">ADD:</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> change in fair value from prior FY-end to current FY-end of awards granted in any prior year that are outstanding and unvested as of FY-end</span></div></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$399,454</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$70,289</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$4,552,701</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$779,463</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$638,536</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$52,017</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">ADD: </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">change in fair value from prior FY-end to vesting date for any awards granted in any prior year that vested during the FY.</span></div></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$(1,728,604)</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$(266,662)</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$1,115,032</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$166,923</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$(780,213)</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$(57,349)</span></td></tr><tr><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total: Compensation Actually Paid (CAP)</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$9,345,885</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$2,175,346</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$15,777,895</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$3,531,383</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$10,488,051</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$2,295,919</span></td></tr></table>
The amounts shown for CAP 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 with the following deductions (grant date fair value of all equity awards granted during the fiscal year) and additions (the fair value as of the end of the fiscal year of awards granted in that fiscal year that remain outstanding and unvested as of fiscal year-end; the change in fair value from the prior fiscal year-end to that fiscal year-end of equity awards granted in prior years that remained outstanding and unvested at fiscal year-end; and the change in fair value from the prior fiscal year-end through the vesting date of equity awards granted in prior years that vested during that fiscal year), as detailed in the table below. Fair value of time-based awards is based on the price of our common stock at year-end date or, in the case of vesting date, the actual vesting price. The fair value of performance-based awards, except for awards based on a market condition, is based on the same valuation methodology, except year-end values are multiplied by the probability of achievement as of the year-end date or, in the case of vesting date, the vesting date values are multiplied by actual shares earned based on performance. For awards based on a market condition, fair value is based on the Monte Carlo method as of the year-end date or, in the case of vesting date, the actual vesting price and actual shares earned.<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:34.733%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.594%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.597%"/><td style="width:0.1%"/></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="background-color:#d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:0 1pt"/><td colspan="6" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">2020</span></td><td colspan="6" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">2021</span></td><td colspan="6" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #ffffff;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">2022</span></td></tr><tr style="height:32pt"><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">PEO</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Average of Non-PEO NEOs</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">PEO</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Average of Non-PEO NEOs</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">PEO</span></td><td colspan="3" style="background-color:#d3171f;border-left:1pt solid #ffffff;border-right:1pt solid #d3171f;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">Average of Non-PEO NEOs</span></td></tr><tr><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt 2px 19pt;text-align:left;text-indent:-18pt;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Compensation Total for covered fiscal year (“FY”) from Summary Compensation Table (“SCT”)</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$7,439,350</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$1,798,733</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$9,540,015</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$2,426,224</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$9,778,425</span></td><td colspan="3" style="background-color:#dbdbdb;border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$2,155,049</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:112%">DEDUCT:</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%"> grant date fair value (“GDFV”) of awards granted during FY, reported under the Stock Awards column in the SCT</span></div></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$5,871,064</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$1,039,668</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$6,005,749</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$1,128,010</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$5,956,740</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">$1,023,006</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">ADD: </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">FY-end fair value of awards granted during year that remain outstanding and unvested as of FY-end</span></div></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$9,106,749</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$1,612,654</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$6,575,896</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$1,286,783</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$6,808,043</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$1,169,208</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">ADD:</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> change in fair value from prior FY-end to current FY-end of awards granted in any prior year that are outstanding and unvested as of FY-end</span></div></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$399,454</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$70,289</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$4,552,701</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$779,463</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$638,536</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$52,017</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">ADD: </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">change in fair value from prior FY-end to vesting date for any awards granted in any prior year that vested during the FY.</span></div></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$(1,728,604)</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$(266,662)</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$1,115,032</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$166,923</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$(780,213)</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$(57,349)</span></td></tr><tr><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total: Compensation Actually Paid (CAP)</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$9,345,885</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$2,175,346</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$15,777,895</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$3,531,383</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$10,488,051</span></td><td colspan="3" style="background-color:#dbdbdb;border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$2,295,919</span></td></tr></table>
7439350
1798733
9540015
2426224
9778425
2155049
5871064
1039668
6005749
1128010
5956740
1023006
9106749
1612654
6575896
1286783
6808043
1169208
399454
70289
4552701
779463
638536
52017
-1728604
-266662
1115032
166923
-780213
-57349
9345885
2175346
15777895
3531383
10488051
2295919
For purposes of this disclosure, the peer group is the S&P Industrial Machinery Index. Dollar values assume $100 was invested for the cumulative period from December 31, 2019 through December 31, 2022, in either the Company or the S&P Industrial Machinery Index, and reinvestment of the pre-tax value of dividends paid. Historical stock performance is not necessarily indicative of future stock performance.
We determined ROIC to be the “most important” financial performance measure used to link performance to Compensation Actually Paid to our PEO and other NEOs in fiscal 2022, in accordance with Item 402(v) of Regulation S-K. For the definition and further description of ROIC, please refer to the “Compensation Discussion and Analysis” section beginning on page <span style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%;text-decoration:underline"><a href="#ic6931b9b97db4a4d9bea1987294bc7b7_97" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%;text-decoration:underline">21</a></span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:112%">.</span>
ROIC
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:91.250%"><tr><td style="width:1.0%"/><td style="width:47.758%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:50.042%"/><td style="width:0.1%"/></tr><tr><td colspan="6" style="background-color:#d3171f;border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022 Most Important Measures (Unranked)</span></td></tr><tr><td colspan="3" style="border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">ROIC</span></td><td colspan="3" style="border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Relative TSR compared to Benchmark Companies</span></div></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Operating Profit</span></div></td><td colspan="3" style="border-bottom:1pt solid #d3171f;border-left:1pt solid #d3171f;border-right:1pt solid #d3171f;border-top:1pt solid #d3171f;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">NWC</span></td></tr></table>
ROIC
Relative TSR compared to Benchmark Companies
Operating Profit
NWC
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:98.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#d3171f;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Description of Relationship Between CAP and Company TSR</span></td></tr></table><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The following chart sets forth the relationship between CAP to our PEO, the average of CAP to our other Non-PEO NEOs, and the Company’s cumulative TSR over the three-year period from 2020 through 2022.</span><img alt="tex-20230331_g21.jpg" src="tex-20230331_g21.jpg" style="height:276px;margin-bottom:5pt;vertical-align:text-bottom;width:500px"/>
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:98.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#d3171f;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Description of Relationship Between CAP and Net Income</span></td></tr></table><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The following chart sets forth the relationship between CAP to our PEO, the average of CAP to our other Non-PEO NEOs, and our Net Income during the fiscal years 2020 through 2022.</span><img alt="tex-20230331_g22.jpg" src="tex-20230331_g22.jpg" style="height:292px;margin-bottom:5pt;vertical-align:text-bottom;width:500px"/>
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:98.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#d3171f;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Description of Relationship Between CAP and ROIC</span></td></tr></table><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The following chart sets forth the relationship between CAP to our PEO, the average of CAP to our other Non-PEO NEOs, and our ROIC during the fiscal years 2020 through 2022. </span><img alt="tex-20230331_g23.jpg" src="tex-20230331_g23.jpg" style="height:276px;margin-bottom:5pt;vertical-align:text-bottom;width:500px"/>
<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:98.900%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#d3171f;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Description of Relationship Between Company TSR and Peer Group TSR</span></td></tr></table><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The following chart compares our cumulative TSR over the three-year period from 2020 through 2022 to that of the S&P Industrial Machinery Index. </span><img alt="tex-20230331_g24.jpg" src="tex-20230331_g24.jpg" style="height:280px;margin-bottom:5pt;vertical-align:text-bottom;width:500px"/>