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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay Versus Performance Disclosure
In accordance with rules adopted by the Secu
ritie
s and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, we provide the following disclosure regarding executive compensation for our principal executive officer (“PEO”) and
Non-PEO
named executive officers (the “Other NEOs”) and Company performance for the fiscal years listed below. The Compensation and Talent Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.
Pay Versus Performance
 
Year
  
Summary
Compensation
Table Total for
PEO
O’Sullivan¹
($)
    
Compensation
Actually Paid
to PEO
O’Sullivan
1,2,3

($)
    
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs
1

($)
    
Average
Compensation
Actually Paid
to
Non-PEO

NEOs
1,2,3

($)
    
Value of Initial Fixed
$100 Investment
Based On:
4
    
Net
Income
($
Millions)
    
Adjusted Diluted
EPS
5

($)
 
TSR
($)
    
Peer
Group
TSR
($)
  
                 
(a)
  
 
(b)
 
  
 
(c)
 
  
 
(d)
 
  
 
(e)
 
  
 
(f)
 
  
 
(g)
 
  
 
(h)
 
  
(i)
                 
2022
  
 
4,176,416
 
  
 
6,736,173
 
  
 
1,027,985
 
  
 
1,482,635
 
  
 
133.47
 
  
 
122.19
 
  
 
59.6
 
  
2.46 
                 
2021
  
 
3,944,440
 
  
 
5,734,073
 
  
 
1,108,408
 
  
 
1,440,330
 
  
 
123.80
 
  
 
148.92
 
  
 
(41.9
) 
  
1.93 
                 
2020
  
 
2,500,797
 
  
 
2,383,328
 
  
 
800,401
 
  
 
140,234
* 
  
 
115.20
 
  
 
123.08
 
  
 
34.7
 
  
1.12 
 
*
Average Compensation Actually Paid to Non-PEO NEOs for 2020 as calculated for purposes of this table is impacted by the Company’s stock performance in 2020 as well as the forfeiture of approximately $813,000 in equity compensation by one of the Company’s Non-PEO NEOs due to his departure from the Company in 2020.
 
1.
Kieran O’Sullivan was our PEO for each year presented. The individuals comprising the Other NEOs for each year presented are listed below.
 
2020
   
2021
   
2022
     
Ashish Agrawal
   
Ashish Agrawal
   
Ashish Agrawal
     
Luis Machado
   
Scott L. D’Angelo
   
Scott L. D’Angelo
     
 
   
 
   
Martin Baumeister
     
 
   
 
   
Michael E. Murray
 
2.
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation
S-K
and may not necessarily reflect compensation actually earned, realized or received by the Company’s PEO and the Other NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
 
3.
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Other NEOs as set forth below. Equity values are calculated in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718. Amounts in the Exclusion of Stock Awards column here and below are the relevant amounts from the Stock Awards column set forth in the applicable Summary Compensation Tables.
 
Year
   
Summary Compensation
Table Total for PEO
O’Sullivan
($)
   
Exclusion of Stock Awards
for PEO O’Sullivan
($)
  
Inclusion of Equity Values
for PEO O’Sullivan
($)
   
Compensation Actually
Paid to PEO O’Sullivan
($)
         
2022
   
4,176,416
   
(1,924,573)
  
4,484,330
   
6,736,173
         
2021
   
3,944,440
   
(1,802,940)
  
3,592,573
   
5,734,073
         
2020
   
2,500,797
   
(1,757,596)
  
1,640,127
   
2,383,328
 
 
                                         
Year
   
Average Summary
Compensation Table Total
for Non-PEO NEOs
($)
   
Average Exclusion of
Stock Awards
for Non-PEO
NEOs
($)
  
Average Inclusion of Equity
Values for Non-PEO NEOs
($)
   
Average Compensation  
Actually Paid to  
Non-PEO
NEOs  
($)  
         
2022
   
1,027,985
   
(378,257)
  
832,907 
   
1,482,635
         
2021
   
1,108,408
   
(382,410)
  
714,332 
   
1,440,330
         
2020
   
   800,401
   
(494,250)
  
(165,917)
   
   140,234
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
 
Year
  
Year-End Fair

Value of Equity
Awards Granted
During Year That
Remained
Unvested as of
Last Day of Year
for PEO O’Sullivan
($)
  
Change in Fair
Value from Last
Day of Prior Year to
Last Day of Year of
Unvested Equity
Awards for PEO
O’Sullivan
($)
  
Change in Fair
Value from Last
Day of Prior Year to
Vesting Date of
Unvested Equity
Awards that Vested
During Year for
PEO O’Sullivan
($)
  
Fair Value at Last
Day of Prior Year of
Equity Awards
Forfeited During
Year for PEO
O’Sullivan
($)
  
Total - Inclusion of  

Equity Values for  
PEO O’Sullivan  
($)  
           
2022
  
3,348,891
  
1,335,784 
  
(200,345)
  
—
  
4,484,330
           
2021
  
2,936,805
  
   759,435 
  
(103,667)
  
—
  
3,592,573
           
2020
  
1,923,676
  
  (232,084)
  
  (51,465)
  
—
  
1,640,127
 
Year
   
Average
Year-End Fair

Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
Non-PEO

NEOs
($)
   
Average
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested
Equity Awards
for Non-PEO
NEOs
($)
   
Average
Change in
Fair Value
from Last Day
of Prior Year
to Vesting
Date of
Unvested
Equity
Awards that
Vested
During Year
for Non-PEO
NEOs
($)
   
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards
Forfeited
During Year
for Non-PEO
NEOs
($)
  
Total - Average Inclusion of

    Equity Values for Non-PEO NEOs    

($)
           
2022
   
659,112
   
193,845 
   
(20,050)
   
 — 
  
   832,907 
           
2021
   
623,251
   
107,764 
   
(16,683)
   
 — 
  
   714,332 
           
2020
   
308,181
   
  (52,281)
   
(15,042)
   
(406,775)
  
  (165,917)
 
4.
The Peer Group TSR set forth in this table utilizes the Dow Jones Electrical Components & Equipment Industry Group (“DJUSEC”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation
S-K
included in our Annual Report for the year ended December 31, 2022. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the DJUSEC, respectively. Historical stock performance is not necessarily indicative of future stock performance.
 
5.
We determined Adjusted Diluted EPS to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and the Other NEOs in 2022. More information on Adjusted Diluted EPS can be found in the Compensation Discussion and Analysis section of this Proxy Statement. This performance measure may not have been the most important financial performance measure for years 2021 and 2020 and we may determine a different financial performance measure to be the most important financial performance measure in future years.
   
Company Selected Measure Name Adjusted Diluted EPS    
Named Executive Officers, Footnote [Text Block] The individuals comprising the Other NEOs for each year presented are listed below.
2020
   
2021
   
2022
     
Ashish Agrawal
   
Ashish Agrawal
   
Ashish Agrawal
     
Luis Machado
   
Scott L. D’Angelo
   
Scott L. D’Angelo
     
 
   
 
   
Martin Baumeister
     
 
   
 
   
Michael E. Murray
    
Peer Group Issuers, Footnote [Text Block] The Peer Group TSR set forth in this table utilizes the Dow Jones Electrical Components & Equipment Industry Group (“DJUSEC”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation
S-K
included in our Annual Report for the year ended December 31, 2022. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the DJUSEC, respectively. Historical stock performance is not necessarily indicative of future stock performance. 		   
PEO Total Compensation Amount $ 4,176,416 $ 3,944,440 $ 2,500,797
PEO Actually Paid Compensation Amount $ 6,736,173 5,734,073 2,383,328
Adjustment To PEO Compensation, Footnote [Text Block]
3.
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Other NEOs as set forth below. Equity values are calculated in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718. Amounts in the Exclusion of Stock Awards column here and below are the relevant amounts from the Stock Awards column set forth in the applicable Summary Compensation Tables.
 
Year
   
Summary Compensation
Table Total for PEO
O’Sullivan
($)
   
Exclusion of Stock Awards
for PEO O’Sullivan
($)
  
Inclusion of Equity Values
for PEO O’Sullivan
($)
   
Compensation Actually
Paid to PEO O’Sullivan
($)
         
2022
   
4,176,416
   
(1,924,573)
  
4,484,330
   
6,736,173
         
2021
   
3,944,440
   
(1,802,940)
  
3,592,573
   
5,734,073
         
2020
   
2,500,797
   
(1,757,596)
  
1,640,127
   
2,383,328
 
 
                                         
Year
   
Average Summary
Compensation Table Total
for Non-PEO NEOs
($)
   
Average Exclusion of
Stock Awards
for Non-PEO
NEOs
($)
  
Average Inclusion of Equity
Values for Non-PEO NEOs
($)
   
Average Compensation  
Actually Paid to  
Non-PEO
NEOs  
($)  
         
2022
   
1,027,985
   
(378,257)
  
832,907 
   
1,482,635
         
2021
   
1,108,408
   
(382,410)
  
714,332 
   
1,440,330
         
2020
   
   800,401
   
(494,250)
  
(165,917)
   
   140,234
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
 
Year
  
Year-End Fair

Value of Equity
Awards Granted
During Year That
Remained
Unvested as of
Last Day of Year
for PEO O’Sullivan
($)
  
Change in Fair
Value from Last
Day of Prior Year to
Last Day of Year of
Unvested Equity
Awards for PEO
O’Sullivan
($)
  
Change in Fair
Value from Last
Day of Prior Year to
Vesting Date of
Unvested Equity
Awards that Vested
During Year for
PEO O’Sullivan
($)
  
Fair Value at Last
Day of Prior Year of
Equity Awards
Forfeited During
Year for PEO
O’Sullivan
($)
  
Total - Inclusion of  

Equity Values for  
PEO O’Sullivan  
($)  
           
2022
  
3,348,891
  
1,335,784 
  
(200,345)
  
—
  
4,484,330
           
2021
  
2,936,805
  
   759,435 
  
(103,667)
  
—
  
3,592,573
           
2020
  
1,923,676
  
  (232,084)
  
  (51,465)
  
—
  
1,640,127
    
Non-PEO NEO Average Total Compensation Amount $ 1,027,985 1,108,408 800,401
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,482,635 1,440,330 140,234
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
3.
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Other NEOs as set forth below. Equity values are calculated in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718. Amounts in the Exclusion of Stock Awards column here and below are the relevant amounts from the Stock Awards column set forth in the applicable Summary Compensation Tables.
 
Year
   
Summary Compensation
Table Total for PEO
O’Sullivan
($)
   
Exclusion of Stock Awards
for PEO O’Sullivan
($)
  
Inclusion of Equity Values
for PEO O’Sullivan
($)
   
Compensation Actually
Paid to PEO O’Sullivan
($)
         
2022
   
4,176,416
   
(1,924,573)
  
4,484,330
   
6,736,173
         
2021
   
3,944,440
   
(1,802,940)
  
3,592,573
   
5,734,073
         
2020
   
2,500,797
   
(1,757,596)
  
1,640,127
   
2,383,328
 
 
                                         
Year
   
Average Summary
Compensation Table Total
for Non-PEO NEOs
($)
   
Average Exclusion of
Stock Awards
for Non-PEO
NEOs
($)
  
Average Inclusion of Equity
Values for Non-PEO NEOs
($)
   
Average Compensation  
Actually Paid to  
Non-PEO
NEOs  
($)  
         
2022
   
1,027,985
   
(378,257)
  
832,907 
   
1,482,635
         
2021
   
1,108,408
   
(382,410)
  
714,332 
   
1,440,330
         
2020
   
   800,401
   
(494,250)
  
(165,917)
   
   140,234
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
 
Year
  
Year-End Fair

Value of Equity
Awards Granted
During Year That
Remained
Unvested as of
Last Day of Year
for PEO O’Sullivan
($)
  
Change in Fair
Value from Last
Day of Prior Year to
Last Day of Year of
Unvested Equity
Awards for PEO
O’Sullivan
($)
  
Change in Fair
Value from Last
Day of Prior Year to
Vesting Date of
Unvested Equity
Awards that Vested
During Year for
PEO O’Sullivan
($)
  
Fair Value at Last
Day of Prior Year of
Equity Awards
Forfeited During
Year for PEO
O’Sullivan
($)
  
Total - Inclusion of  

Equity Values for  
PEO O’Sullivan  
($)  
           
2022
  
3,348,891
  
1,335,784 
  
(200,345)
  
—
  
4,484,330
           
2021
  
2,936,805
  
   759,435 
  
(103,667)
  
—
  
3,592,573
           
2020
  
1,923,676
  
  (232,084)
  
  (51,465)
  
—
  
1,640,127
 
Year
   
Average
Year-End Fair

Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
Non-PEO

NEOs
($)
   
Average
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested
Equity Awards
for Non-PEO
NEOs
($)
   
Average
Change in
Fair Value
from Last Day
of Prior Year
to Vesting
Date of
Unvested
Equity
Awards that
Vested
During Year
for Non-PEO
NEOs
($)
   
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards
Forfeited
During Year
for Non-PEO
NEOs
($)
  
Total - Average Inclusion of

    Equity Values for Non-PEO NEOs    

($)
           
2022
   
659,112
   
193,845 
   
(20,050)
   
 — 
  
   832,907 
           
2021
   
623,251
   
107,764 
   
(16,683)
   
 — 
  
   714,332 
           
2020
   
308,181
   
  (52,281)
   
(15,042)
   
(406,775)
  
  (165,917)
    
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Description of Relationship Between PEO and Other NEO Compensation Actually Paid, Company Total Shareholder Return (“TSR”) and Peer Group TSR.
The following chart sets forth the relationship between Compensation Actually
Paid
to our PEO, the average of Compensation Actually Paid to our Other NEOs, the Company’s cumulative TSR and Peer Group TSR over the three most recently completed fiscal years.
 
 
LOGO
   
Compensation Actually Paid vs. Net Income [Text Block]
Description of Relationship Between PEO and Other NEO Compensation Actually Paid and Net Income
*
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Other NEOs and our Net Income during the three most recently completed fiscal years.
 
 
LOGO
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Description of Relationship Between PEO and Other NEO Compensation Actually Paid and Adjusted Diluted EPS
The following chart sets forth the relationship between Compensation Actually Paid to
ou
r PEO, the average of Compensation Actually Paid to our Other NEOs and our Adjusted Diluted EPS during the three most recently completed fiscal years.
 
 
LOGO
   
Total Shareholder Return Vs Peer Group [Text Block]
Description of Relationship Between PEO and Other NEO Compensation Actually Paid, Company Total Shareholder Return (“TSR”) and Peer Group TSR.
The following chart sets forth the relationship between Compensation Actually
Paid
to our PEO, the average of Compensation Actually Paid to our Other NEOs, the Company’s cumulative TSR and Peer Group TSR over the three most recently completed fiscal years.
 
 
LOGO
   
Tabular List [Table Text Block]
Tabular List of Most Important Financial Performance Measures
The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEO and the Other NEOs for 2022 to Company performance. More information about each of these measures, including why the Company uses these measures and how they are calculated with respect to applicable compensation plans, is included in the Compensation Discussion and Analysis section of this Proxy Statement. The measures in this table are not ranked.
 
 
Adjusted Diluted EPS
Sales Growth
Operating Cash Flow
Relative Total Stockholder Return
Controllable Working Capital as a Percentage of Annual
Sales
    
Total Shareholder Return Amount $ 133.47 123.8 115.2
Peer Group Total Shareholder Return Amount 122.19 148.92 123.08
Net Income (Loss) $ 59,600,000 $ (41,900,000) $ 34,700,000
Company Selected Measure Amount 2.46 1.93 1.12
PEO Name Kieran O’Sullivan    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Diluted EPS    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Sales Growth    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Operating Cash Flow    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Relative Total Stockholder Return    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Controllable Working Capital as a Percentage of Annual    
Measure [Axis]: 6      
Pay vs Performance Disclosure [Table]      
Measure Name Sales    
PEO [Member] | Exclusion of Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (1,924,573) $ (1,802,940) $ (1,757,596)
PEO [Member] | Inclusion of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 4,484,330 3,592,573 1,640,127
PEO [Member] | Equity Awards Adjustments Year End Fair Value of Awards Granted in Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 3,348,891 2,936,805 1,923,676
PEO [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,335,784 759,435 (232,084)
PEO [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (200,345) (103,667) (51,465)
PEO [Member] | Fair Value at Last Day of Prior Year of Equity Awards Forfeited [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Exclusion of Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (378,257) (382,410) (494,250)
Non-PEO NEO [Member] | Inclusion of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 832,907 714,332 (165,917)
Non-PEO NEO [Member] | Equity Awards Adjustments Year End Fair Value of Awards Granted in Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 659,112 623,251 308,181
Non-PEO NEO [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 193,845 107,764 (52,281)
Non-PEO NEO [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (20,050) (16,683) (15,042)
Non-PEO NEO [Member] | Fair Value at Last Day of Prior Year of Equity Awards Forfeited [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ 0 $ (406,775)