XML 65 R2.htm IDEA: XBRL DOCUMENT v3.24.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

PEO

Non-PEO NEOs

Performance

Summary
Compensation
Table Total for
PEO

Compensation
Actually Paid to
PEO

Average
Summary
Compensation
Table Total for
Non-PEO Named
Executive Officers

Average
Compensation
Actually Paid to
Non-PEO Named
Executive Officers

Value of Initial
Fixed $100
Investment
Based on
Total Shareholder
Return

Net Income
(in thousands)

Year

    

($) 1

    

($)

    

($)

    

($)

    

($) 2

    

($) 3

 

2023

5,579,467

16,588,667

1,802,228

3,152,819

325.52

12,911

2022

2,534,194

 

7,815,771

 

1,102,814

1,355,688

 

187.48

 

17,417

2021

 

1,979,299

 

813,537

 

863,982

 

623,623

 

100.00

1,426

(1)Mr. Gleason was our PEO for each of the 2021, 2022 and 2023 fiscal years.
   
Named Executive Officers, Footnote

PEO

Non-PEO NEOs

Performance

Summary
Compensation
Table Total for
PEO

Compensation
Actually Paid to
PEO

Average
Summary
Compensation
Table Total for
Non-PEO Named
Executive Officers

Average
Compensation
Actually Paid to
Non-PEO Named
Executive Officers

Value of Initial
Fixed $100
Investment
Based on
Total Shareholder
Return

Net Income
(in thousands)

Year

    

($) 1

    

($)

    

($)

    

($)

    

($) 2

    

($) 3

 

2023

5,579,467

16,588,667

1,802,228

3,152,819

325.52

12,911

2022

2,534,194

 

7,815,771

 

1,102,814

1,355,688

 

187.48

 

17,417

2021

 

1,979,299

 

813,537

 

863,982

 

623,623

 

100.00

1,426

(1)Mr. Gleason was our PEO for each of the 2021, 2022 and 2023 fiscal years.
For the 2023 fiscal year, our Non-PEO NEOs were: Mr. Johansson and Ms. Watkins-Asiyanbi. For the 2021 fiscal year, our Non-PEO NEOs were: Mr. Nuggihalli and Mr. Eckl.
   
PEO Total Compensation Amount $ 5,579,467 $ 2,534,194 $ 1,979,299
PEO Actually Paid Compensation Amount $ 16,588,667 7,815,771 813,537
Adjustment To PEO Compensation, Footnote

The amounts disclosed in the table above as Compensation Actually Paid to our PEO reflect the adjustments listed in the tables below to the amounts reported in the Summary Compensation Table for our PEO:

Total
Compensation

Less: Amount
reported under
the "Stock Awards"
column in the SCT

Add: Fair value
as of fiscal year-end
of awards granted
during the fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
fiscal year-end,
compared to prior
fiscal year-end,
of awards granted
in any prior fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
vesting date,
compared to prior
fiscal year-end, of
awards granted
in any prior fiscal year
for which all vesting
conditions were
satisfied at
fiscal year-end
or during the fiscal year

Less: Fair Value
of Stock
and Option Awards
Forfeited during 
the Covered Year 

Compensation
Actually Paid

Year

  

($) 

  

($) 4 

  

($) 4 

  

($) 4 

  

($) 5 

  

($) 5 

  

($) 

 

2023

5,579,467

(3,981,256)

9,263,076

5,683,024

44,356

16,588,667

2022

 

2,534,194

 

(1,059,469)

 

2,998,546

 

3,466,653

 

(124,153)

 

7,815,771

 

2021

 

1,979,299

 

(1,126,112)

 

740,325

 

(582,097)

 

(197,878)

 

 

813,537

   
Non-PEO NEO Average Total Compensation Amount $ 1,802,228 1,102,814 863,982
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,152,819 1,355,688 623,623
Adjustment to Non-PEO NEO Compensation Footnote

For the 2023 fiscal year, our Non-PEO NEOs were: Mr. Johansson and Ms. Watkins-Asiyanbi. For the 2021 fiscal year, our Non-PEO NEOs were: Mr. Nuggihalli and Mr. Eckl. The amounts disclosed in the table above as average Compensation Actually Paid to our Non-PEO NEOs reflect the adjustments listed in the tables below to the average amounts reported in the Summary Compensation Table for Non-PEO NEOs:

Total
Compensation

Less: Amount
reported under
the "Stock Awards"
column in the SCT

Add: Fair value
as of fiscal year-end
of awards granted
during the fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
fiscal year-end,
compared to prior
fiscal year-end,
of awards granted
in any prior fiscal year
that are outstanding
and unvested as of the
end of the fiscal year

Add: Change in
fair value as of
vesting date,
compared to prior
fiscal year-end, of
awards granted
in any prior fiscal year
for which all vesting
conditions were
satisfied at
fiscal year-end
or during the fiscal year

Less: Fair Value
of Stock
and Option Awards
Forfeited during 
the Covered Year 

Compensation
Actually Paid

Year

  

($) 

  

($) 4 

  

($) 5 

  

($) 5 

  

($) 5 

  

($) 

  

($) 

 

2023

1,802,228

(988,631)

1,947,542

381,466

10,214

3,152,819

2022

 

1,102,814

 

(341,129)

 

478,730

 

115,513

 

52,860

 

(53,100)

 

1,355,688

 

2021

 

863,982

 

(399,563)

 

281,301

 

(73,385)

 

11,374

(60,086)

623,623

   
Compensation Actually Paid vs. Total Shareholder Return

Graphic

   
Compensation Actually Paid vs. Net Income

Graphic

   
Total Shareholder Return Amount $ 325.52 187.48 100.00
Net Income (Loss) $ 12,911,000 17,417,000 1,426,000
PEO Name PEO    
PEO | Less: Amount reported under the "Stock Awards" column in the SCT      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (3,981,256) (1,059,469) (1,126,112)
PEO | Add: Fair value as of fiscal year-end of awards granted during the fiscal year that are outstanding and unvested as of the end of the fiscal year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 9,263,076 2,998,546 740,325
PEO | Add: Change in fair value as of fiscal year-end, compared to prior fiscal year-end, of awards granted in any prior fiscal year that are outstanding and unvested as of the end of the fiscal year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 5,683,024 3,466,653 (582,097)
PEO | Add: Change in fair value as of vesting date, compared to prior fiscal year-end, of awards granted in any prior fiscal year for which all vesting conditions were satisfied at fiscal year-end or during the fiscal year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 44,356 (124,153) (197,878)
Non-PEO NEO | Less: Amount reported under the "Stock Awards" column in the SCT      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (988,631) (341,129) (399,563)
Non-PEO NEO | Add: Fair value as of fiscal year-end of awards granted during the fiscal year that are outstanding and unvested as of the end of the fiscal year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 1,947,542 478,730 281,301
Non-PEO NEO | Add: Change in fair value as of fiscal year-end, compared to prior fiscal year-end, of awards granted in any prior fiscal year that are outstanding and unvested as of the end of the fiscal year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 381,466 115,513 (73,385)
Non-PEO NEO | Add: Change in fair value as of vesting date, compared to prior fiscal year-end, of awards granted in any prior fiscal year for which all vesting conditions were satisfied at fiscal year-end or during the fiscal year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 10,214 52,860 11,374
Non-PEO NEO | Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount   $ (53,100) $ (60,086)