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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
As required by Item 402(v) of Regulation S-K, the Company is providing the following information about the relationship between executive compensation actually paid and the Company’s financial performance for each of the last three completed fiscal years. In determining the “compensation actually paid” to named executive officers (“NEOs”), the Company is required to make various adjustments to amounts that have been previously reported in the Summary Compensation Table in each such previous year, as the valuation methods for this disclosure under Item 402(v) differ from those required in reporting the compensation information in the Summary Compensation Table. For NEOs other than the principal executive officer (the “PEO”), compensation is reported as an average.

Year
Summary Compensation Table Total for PEO
($)(1)
Compensation Actually Paid to PEO
($)(1)(3)(5)
Average Summary Compensation Table Total for Non-PEO NEOs
($)(2)
Average Compensation Actually Paid to Non-PEO NEOs
($)(2)(4)(5)
Value of Initial Fixed $100 Investment Based On:
Net Income
($)(7)
Adjusted EPS
($/sh)(8)
Total Stockholder Return
($)
Peer Group Total Stockholder Return
($)(6)
20226,700,247 4,504,643 1,711,922 1,428,875 143 132 187,332,000 4.00 
20216,896,933 14,635,531 1,656,125 2,850,173 168 139 153,860,000 3.14 
20205,953,917 8,684,141 1,476,632 2,139,130 122 115 100,460,000 2.20 
(1)Gregg C. Sengstack is the PEO for each year presented.
(2)The Non-PEO NEOs for each year presented are:
2022 - Jeffery L. Taylor, Donald P. Kenney, DeLancey W. Davis, Jay J. Walsh
2021 - John J. Haines, Jeffery L. Taylor, Donald P. Kenney, DeLancey W. Davis, Jonathan M. Grandon
2020 - John J. Haines, Donald P. Kenney, DeLancey W. Davis, Jonathan M. Grandon
(3)The table below presents adjustments to the summary compensation table total to reflect the compensation actually paid to the PEO for 2022, 2021, and 2020.
202220212020
Summary Compensation Table Total for PEO$6,700,247 $6,896,933 $5,953,917 
Less: Grant Date Fair Value of Equity Awards and Change in Pension Value Reported in the Summary Compensation Table(4,557,850)(4,431,383)(4,175,317)
Add: Actuarially Determined Service Cost for Services Rendered During the Fiscal Year and Change in Pension Value Attributable to Plan Amendments Made in the Current Year371,687 287,737 247,704 
Add: Year-End Fair Value of Awards Granted in the Current Year3,600,652 5,479,618 4,239,112 
Add: Change in Fair Value from Prior Year-End to Vesting Date of Equity Awards Granted in Prior Years that Vested in the Current Year(1,253,153)878,040 (184,789)
Add: Change in Fair Value from Prior Year-End to Current Year-End of Outstanding and Unvested Equity Awards Granted in Prior Years(474,620)5,424,642 2,523,911 
Less: Fair Value at the End of the Prior Year of Equity Awards that were Forfeited in the Current Year— — — 
Add: Value of Dividends or Other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation117,680 99,944 79,603 
Compensation Actually Paid for PEO$4,504,643 $14,635,531 $8,684,141 
(4)The table below presents adjustments to the average summary compensation table total to reflect the average compensation actually paid to the Non-PEO NEOs for 2022, 2021, and 2020.
202220212020
Average of Summary Compensation Table Total for Non-PEO NEOs$1,711,922 $1,656,125 $1,476,632 
Less: Grant Date Fair Value of Equity Awards and Change in Pension Value Reported in the Summary Compensation Table(666,842)(686,414)(687,834)
Add: Actuarially Determined Service Cost for Services Rendered During the Fiscal Year and Change in Pension Value Attributable to Plan Amendments Made in the Current Year— — — 
Add: Year-End Fair Value of Awards Granted in the Current Year600,271 923,429 863,867 
Add: Change in Fair Value from Prior Year-End to Vesting Date of Equity Awards Granted in Prior Years that Vested in the Current Year(160,773)318,544 (28,487)
Add: Change in Fair Value from Prior Year-End to Current Year-End of Outstanding and Unvested Equity Awards Granted in Prior Years(71,623)678,613 498,417 
Less: Fair Value at the End of the Prior Year of Equity Awards that were Forfeited in the Current Year— (56,683)— 
Add: Value of Dividends or Other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation15,920 16,559 16,535 
Average Compensation Actually Paid for Non-PEO NEOs$1,428,875 $2,850,173 $2,139,130 
(5)The fair values of unvested and outstanding equity awards were remeasured as of the end of each fiscal year and as of each vesting date during the years presented in the compensation actually paid calculation. For performance share units, fair values reflect the probable outcome of the performance vesting conditions as of each measurement date. For stock options, fair values use the Black-Scholes valuation method with an expected life assumption that uses the midpoint of the remaining contractual term and time until vesting as of each valuation date. The other Black-Scholes valuation criteria remained consistent with the criteria used at the grant of the options.
(6)The peer group consists of the proxy disclosed peer group listed in the "Compensation Discussion and Analysis" section of this Proxy Statement.
(7)Net Income refers to "Net Income attributable to Franklin Electric Co., Inc." as reported in the Company's Annual Report on Form 10-K in Item 8. Financial Statements and Supplementary Data.
(8)In 2022, restructuring expense was excluded in calculating Adjusted EPS, which decreased GAAP EPS by $0.03. In 2021, restructuring expense and the non-operational impact of the bargain purchase gains recognized in the fourth quarter of 2020 and second quarter 2021 acquisitions were excluded in calculating adjusted EPS, which increased GAAP EPS by $0.11. In 2020, restructuring expense and the non-operational income statement impact of the December 31, 2020 acquisition were excluded in calculating adjusted EPS, which decreased GAAP EPS by $0.06.
   
Company Selected Measure Name Adjusted EPS    
Named Executive Officers, Footnote [Text Block] Gregg C. Sengstack is the PEO for each year presented.
(2)The Non-PEO NEOs for each year presented are:
2022 - Jeffery L. Taylor, Donald P. Kenney, DeLancey W. Davis, Jay J. Walsh
2021 - John J. Haines, Jeffery L. Taylor, Donald P. Kenney, DeLancey W. Davis, Jonathan M. Grandon
2020 - John J. Haines, Donald P. Kenney, DeLancey W. Davis, Jonathan M. Grandon
   
Peer Group Issuers, Footnote [Text Block] The peer group consists of the proxy disclosed peer group listed in the "Compensation Discussion and Analysis" section of this Proxy Statement.    
PEO Total Compensation Amount $ 6,700,247 $ 6,896,933 $ 5,953,917
PEO Actually Paid Compensation Amount $ 4,504,643 14,635,531 8,684,141
Adjustment To PEO Compensation, Footnote [Text Block] The table below presents adjustments to the summary compensation table total to reflect the compensation actually paid to the PEO for 2022, 2021, and 2020.
202220212020
Summary Compensation Table Total for PEO$6,700,247 $6,896,933 $5,953,917 
Less: Grant Date Fair Value of Equity Awards and Change in Pension Value Reported in the Summary Compensation Table(4,557,850)(4,431,383)(4,175,317)
Add: Actuarially Determined Service Cost for Services Rendered During the Fiscal Year and Change in Pension Value Attributable to Plan Amendments Made in the Current Year371,687 287,737 247,704 
Add: Year-End Fair Value of Awards Granted in the Current Year3,600,652 5,479,618 4,239,112 
Add: Change in Fair Value from Prior Year-End to Vesting Date of Equity Awards Granted in Prior Years that Vested in the Current Year(1,253,153)878,040 (184,789)
Add: Change in Fair Value from Prior Year-End to Current Year-End of Outstanding and Unvested Equity Awards Granted in Prior Years(474,620)5,424,642 2,523,911 
Less: Fair Value at the End of the Prior Year of Equity Awards that were Forfeited in the Current Year— — — 
Add: Value of Dividends or Other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation117,680 99,944 79,603 
Compensation Actually Paid for PEO$4,504,643 $14,635,531 $8,684,141 
   
Non-PEO NEO Average Total Compensation Amount $ 1,711,922 1,656,125 1,476,632
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,428,875 2,850,173 2,139,130
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] The table below presents adjustments to the average summary compensation table total to reflect the average compensation actually paid to the Non-PEO NEOs for 2022, 2021, and 2020.
202220212020
Average of Summary Compensation Table Total for Non-PEO NEOs$1,711,922 $1,656,125 $1,476,632 
Less: Grant Date Fair Value of Equity Awards and Change in Pension Value Reported in the Summary Compensation Table(666,842)(686,414)(687,834)
Add: Actuarially Determined Service Cost for Services Rendered During the Fiscal Year and Change in Pension Value Attributable to Plan Amendments Made in the Current Year— — — 
Add: Year-End Fair Value of Awards Granted in the Current Year600,271 923,429 863,867 
Add: Change in Fair Value from Prior Year-End to Vesting Date of Equity Awards Granted in Prior Years that Vested in the Current Year(160,773)318,544 (28,487)
Add: Change in Fair Value from Prior Year-End to Current Year-End of Outstanding and Unvested Equity Awards Granted in Prior Years(71,623)678,613 498,417 
Less: Fair Value at the End of the Prior Year of Equity Awards that were Forfeited in the Current Year— (56,683)— 
Add: Value of Dividends or Other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation15,920 16,559 16,535 
Average Compensation Actually Paid for Non-PEO NEOs$1,428,875 $2,850,173 $2,139,130 
   
Equity Valuation Assumption Difference, Footnote [Text Block] The fair values of unvested and outstanding equity awards were remeasured as of the end of each fiscal year and as of each vesting date during the years presented in the compensation actually paid calculation. For performance share units, fair values reflect the probable outcome of the performance vesting conditions as of each measurement date. For stock options, fair values use the Black-Scholes valuation method with an expected life assumption that uses the midpoint of the remaining contractual term and time until vesting as of each valuation date. The other Black-Scholes valuation criteria remained consistent with the criteria used at the grant of the options.    
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
The chart below shows the relationship between compensation actually paid to the PEO and the average of compensation actually paid to the other NEOs and the Company’s cumulative TSR over three fiscal years ending December 31, 2022. The SEC requires companies to compare compensation actually paid to the PEO and other NEOs and the Company’s cumulative TSR. However, the Company does not link NEO compensation to the Company’s cumulative TSR.
fele-20230321_g12.jpg
   
Compensation Actually Paid vs. Net Income [Text Block]
The chart below shows the relationship between compensation actually paid to the PEO and the average of the compensation actually paid to the other NEOs and the Company’s net income over the three fiscal years ending December 31, 2022. The SEC requires companies to compare compensation actually paid to the PEO and other NEOs and net income. However, the Company does not link NEO compensation to net income performance.
fele-20230321_g11.jpg
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
The chart below shows the relationship between compensation actually paid to the PEO and the average of the compensation actually paid to the other NEOs and Adjusted EPS over three fiscal years ending December 31, 2022.
fele-20230321_g13.jpg
   
Total Shareholder Return Vs Peer Group [Text Block]
The chart below compares the Company’s cumulative TSR to the cumulative TSR of the Company’s Peer Group over the three fiscal years ending December 31, 2022.
fele-20230321_g14.jpg
   
Tabular List [Table Text Block]
The financial performance measures listed below represent the most important metrics the Company used to link compensation actually paid to the PEO and other NEOs to Company performance for the most recently completed fiscal year.
Financial Performance MeasureRelationship to Pay
Adjusted EPSAnnual Incentive Plan
Operating IncomeAnnual Incentive Plan
Working CapitalAnnual Incentive Plan
Normalized EBITDALong-term Incentive Plan
   
Total Shareholder Return Amount $ 143 168 122
Peer Group Total Shareholder Return Amount 132 139 115
Net Income (Loss) $ 187,332,000 $ 153,860,000 $ 100,460,000
Company Selected Measure Amount | $ / shares 4.00 3.14 2.20
PEO Name Gregg C. Sengstack Gregg C. Sengstack Gregg C. Sengstack
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted EPS    
Non-GAAP Measure Description [Text Block] In 2022, restructuring expense was excluded in calculating Adjusted EPS, which decreased GAAP EPS by $0.03. In 2021, restructuring expense and the non-operational impact of the bargain purchase gains recognized in the fourth quarter of 2020 and second quarter 2021 acquisitions were excluded in calculating adjusted EPS, which increased GAAP EPS by $0.11. In 2020, restructuring expense and the non-operational income statement impact of the December 31, 2020 acquisition were excluded in calculating adjusted EPS, which decreased GAAP EPS by $0.06.    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Operating Income    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Working Capital    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Normalized EBITDA    
PEO [Member] | Grant Date Fair Value of Equity Awards and Change in Pension Value Reported in the Summary Compensation Table [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (4,557,850) $ (4,431,383) $ (4,175,317)
PEO [Member] | Actuarially Determined Service Cost for Services Rendered During the Fiscal Year and Change in Pension Value Attributable to Plan Amendments Made in the Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 371,687 287,737 247,704
PEO [Member] | Year-End Fair Value of Awards Granted in the Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 3,600,652 5,479,618 4,239,112
PEO [Member] | Change in Fair Value from Prior Year-End to Vesting Date of Equity Awards Granted in Prior Years that Vested in the Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,253,153) 878,040 (184,789)
PEO [Member] | Change in Fair Value from Prior Year-End to Current Year-End of Outstanding and Unvested Equity Awards Granted in Prior Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (474,620) 5,424,642 2,523,911
PEO [Member] | Fair Value at the End of the Prior Year of Equity Awards that were Forfeited in the Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Value of Dividends or Other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 117,680 99,944 79,603
Non-PEO NEO [Member] | Grant Date Fair Value of Equity Awards and Change in Pension Value Reported in the Summary Compensation Table [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (666,842) (686,414) (687,834)
Non-PEO NEO [Member] | Actuarially Determined Service Cost for Services Rendered During the Fiscal Year and Change in Pension Value Attributable to Plan Amendments Made in the Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Year-End Fair Value of Awards Granted in the Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 600,271 923,429 863,867
Non-PEO NEO [Member] | Change in Fair Value from Prior Year-End to Vesting Date of Equity Awards Granted in Prior Years that Vested in the Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (160,773) 318,544 (28,487)
Non-PEO NEO [Member] | Change in Fair Value from Prior Year-End to Current Year-End of Outstanding and Unvested Equity Awards Granted in Prior Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (71,623) 678,613 498,417
Non-PEO NEO [Member] | Fair Value at the End of the Prior Year of Equity Awards that were Forfeited in the Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 (56,683) 0
Non-PEO NEO [Member] | Value of Dividends or Other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 15,920 $ 16,559 $ 16,535