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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Dec. 31, 2019
USD ($)
$ / shares
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance Disclosure
The following table and supporting graphics present information relating to executive compensation and financial performance measures for the fiscal years ended December 31, 2023, 2022, 2021, 2020, and 2019, in satisfaction of Item 402(v) of Regulation S-K. Please see the Compensation Discussion & Analysis for an overview of Allient’s compensation programs.
Year
Summary
Compensation
Table Total for
PEO(1)
Compensation
Actually Paid to
PEO(3)
Average
Summary
Compensation
Table Total for
non-PEO NEOs(2)
Average
Compensation
Actually Paid to
Non-PEO NEOs(3)
Value of Initial Fixed $100
Investment Based On:
Net Income
(in thousands)
EBITDA
(in thousands)(5)
Revenue
(in thousands)
Adjusted
Diluted
Earnings
Per Share(5)
Total
Shareholder
Return(5)
Peer Group
Total
Shareholder
Return(4)
2019
$4,279,423
$4,033,623
$918,896
$894,971
$108.87
$118.97
$17,022
$43,832
$371,084
$1.58
2020
$3,425,573
$3,453,415
$743,587
$747,179
$115.09
$145.25
$13,643
$38,477
$366,694
$1.32
2021
$3,907,236
$6,191,856
$779,180
$1,038,750
$123.60
$168.68
$24,094
$44,456
$403,516
$1.60
2022
$4,663,141
$4,229,571
$786,565
$736,999
$118.28
$142.55
$17,389
$56,859
$502,988
$1.88
2023
$4,373,276
$3,534,648
$687,999
$​498,841
$103.00
$199.73
$24,097
$67,151
$578,634
$2.30
(1)
Principal Executive Officer (“PEO”) represents Richard S. Warzala, Chairman of the Board of Directors, President and Chief Executive Officer of the Company.
(2)
Named Executive Officers (“NEOs”) represents Michael R. Leach, Senior Vice President and Robert P. Maida, Senior Vice President and President of Allient Innovum Group for each of the years presented. As stated previously, Robert P. Maida retired in September 2023. In the years 2020-2023, Ashish R. Bendre, Vice President and President of Allient Orion Group, and Helmut D. Pirthauer, Vice President and President of Allient Dynamos Group were represented as NEOs. In 2023, Kenneth A. May, Chief Technology Officer was represented as an NEO.
(3)
Compensation Actually Paid represents the amounts presented in the Summary Compensation Table, modified to adjust the amounts included for equity awards. These modifications are valuation adjustments of Restricted Stock awards, revalued to show the change in fair value as of the reporting date. For detailed reconciliation, please see the tables presented below.
(4)
Value assumes $100 invested on December 31, 2018.
Year
Summary
Compensation Table
Total for PEO
Minus:
Stock Awards Total
in Summary
Compensation Table
for PEO
Plus:
Year-over-year
change in Fair Value
of Outstanding and
Unvested Equity
Awards
Plus:
Fair Value as of the
Vesting Date of
Equity Awards that
Vested during the
Year
Compensation
Actually Paid
to PEO
2019
$4,279,423
$2,351,581
$1,255,038
$850,743
$4,033,623
2020
$3,425,573
$2,429,647
$867,338
$1,590,151
$3,453,415
2021
$3,907,236
$1,648,214
$1,300,034
$2,632,800
$6,191,856
2022
$4,663,141
$2,688,339
$(14,749)
$2,269,518
$4,229,571
2023
$4,373,276
$2,020,233
$(1,381,083)
$2,562,687
$3,534,648
Year
Average Summary
Compensation Table
Total for NEOs
Minus:
Stock Awards Total
in Summary
Compensation Table
for NEO
Plus:
Year-over-year
change in Fair Value
of Outstanding and
Unvested Equity
Awards
Plus:
Fair Value as of the
Vesting Date of
Equity Awards that
Vested during the
Year
Compensation
Actually Paid
to NEOs
2019
$918,896
$326,370
$155,045
$147,400
$894,971
2020
$743,587
$288,721
$150,173
$142,140
$747,179
2021
$779,180
$168,090
$130,416
$297,244
$1,038,750
2022
$786,565
$221,130
$(66,237)
$237,801
$736,999
2023
$687,999
$197,592
$(220,897)
$229,331
$498,841
(5)
The Peer Group is disclosed in the “Peer Group Analysis” section and is further reflected in the Performance Graph of SEC Form 10-K, filed March 5, 2024.
(6)
EBITDA, or earnings before interest expense, tax expense (provision), depreciation, and amortization, and Adjusted Diluted Earnings Per Share, are non-GAAP measures, which management believes are important in evaluating the operating results of the Company. EBITDA and Adjusted Diluted Earnings Per Share are non-GAAP financial metrics linked to the annual cash incentive plan. The reconciliation of such is available in the Management’s Discussion & Analysis section of SEC Form 10-K, filed March 5, 2024.
       
Company Selected Measure Name Adjusted Diluted Earnings Per Share        
Named Executive Officers, Footnote
(1)
Principal Executive Officer (“PEO”) represents Richard S. Warzala, Chairman of the Board of Directors, President and Chief Executive Officer of the Company.
(2)
Named Executive Officers (“NEOs”) represents Michael R. Leach, Senior Vice President and Robert P. Maida, Senior Vice President and President of Allient Innovum Group for each of the years presented. As stated previously, Robert P. Maida retired in September 2023. In the years 2020-2023, Ashish R. Bendre, Vice President and President of Allient Orion Group, and Helmut D. Pirthauer, Vice President and President of Allient Dynamos Group were represented as NEOs. In 2023, Kenneth A. May, Chief Technology Officer was represented as an NEO.
       
Peer Group Issuers, Footnote
(5)
The Peer Group is disclosed in the “Peer Group Analysis” section and is further reflected in the Performance Graph of SEC Form 10-K, filed March 5, 2024.
       
PEO Total Compensation Amount $ 4,373,276 $ 4,663,141 $ 3,907,236 $ 3,425,573 $ 4,279,423
PEO Actually Paid Compensation Amount $ 3,534,648 4,229,571 6,191,856 3,453,415 4,033,623
Adjustment To PEO Compensation, Footnote
(3)
Compensation Actually Paid represents the amounts presented in the Summary Compensation Table, modified to adjust the amounts included for equity awards. These modifications are valuation adjustments of Restricted Stock awards, revalued to show the change in fair value as of the reporting date. For detailed reconciliation, please see the tables presented below.
Year
Summary
Compensation Table
Total for PEO
Minus:
Stock Awards Total
in Summary
Compensation Table
for PEO
Plus:
Year-over-year
change in Fair Value
of Outstanding and
Unvested Equity
Awards
Plus:
Fair Value as of the
Vesting Date of
Equity Awards that
Vested during the
Year
Compensation
Actually Paid
to PEO
2019
$4,279,423
$2,351,581
$1,255,038
$850,743
$4,033,623
2020
$3,425,573
$2,429,647
$867,338
$1,590,151
$3,453,415
2021
$3,907,236
$1,648,214
$1,300,034
$2,632,800
$6,191,856
2022
$4,663,141
$2,688,339
$(14,749)
$2,269,518
$4,229,571
2023
$4,373,276
$2,020,233
$(1,381,083)
$2,562,687
$3,534,648
       
Non-PEO NEO Average Total Compensation Amount $ 687,999 786,565 779,180 743,587 918,896
Non-PEO NEO Average Compensation Actually Paid Amount $ 498,841 736,999 1,038,750 747,179 894,971
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Compensation Actually Paid represents the amounts presented in the Summary Compensation Table, modified to adjust the amounts included for equity awards. These modifications are valuation adjustments of Restricted Stock awards, revalued to show the change in fair value as of the reporting date. For detailed reconciliation, please see the tables presented below.
Year
Average Summary
Compensation Table
Total for NEOs
Minus:
Stock Awards Total
in Summary
Compensation Table
for NEO
Plus:
Year-over-year
change in Fair Value
of Outstanding and
Unvested Equity
Awards
Plus:
Fair Value as of the
Vesting Date of
Equity Awards that
Vested during the
Year
Compensation
Actually Paid
to NEOs
2019
$918,896
$326,370
$155,045
$147,400
$894,971
2020
$743,587
$288,721
$150,173
$142,140
$747,179
2021
$779,180
$168,090
$130,416
$297,244
$1,038,750
2022
$786,565
$221,130
$(66,237)
$237,801
$736,999
2023
$687,999
$197,592
$(220,897)
$229,331
$498,841
       
Compensation Actually Paid vs. Total Shareholder Return
Allient utilizes key financial performance metrics in determination of target and actual compensation of the PEO and NEOs. As shown in the above table, as well as the following graphs, Allient utilizes an extensive planning and assessment process to ensure that compensation remains aligned with the overall success of the Company. The Human Capital and Compensation Committee of the Board of Directors maintains oversight and governance over the compensation of the PEO and NEOs.
The following graphs will show the correlation of the key financial metrics to the compensation of the PEO and NEOs.

       
Compensation Actually Paid vs. Net Income
Allient utilizes key financial performance metrics in determination of target and actual compensation of the PEO and NEOs. As shown in the above table, as well as the following graphs, Allient utilizes an extensive planning and assessment process to ensure that compensation remains aligned with the overall success of the Company. The Human Capital and Compensation Committee of the Board of Directors maintains oversight and governance over the compensation of the PEO and NEOs.
The following graphs will show the correlation of the key financial metrics to the compensation of the PEO and NEOs.

       
Compensation Actually Paid vs. Company Selected Measure
Allient utilizes key financial performance metrics in determination of target and actual compensation of the PEO and NEOs. As shown in the above table, as well as the following graphs, Allient utilizes an extensive planning and assessment process to ensure that compensation remains aligned with the overall success of the Company. The Human Capital and Compensation Committee of the Board of Directors maintains oversight and governance over the compensation of the PEO and NEOs.
The following graphs will show the correlation of the key financial metrics to the compensation of the PEO and NEOs.

       
Total Shareholder Return Vs Peer Group
Allient utilizes key financial performance metrics in determination of target and actual compensation of the PEO and NEOs. As shown in the above table, as well as the following graphs, Allient utilizes an extensive planning and assessment process to ensure that compensation remains aligned with the overall success of the Company. The Human Capital and Compensation Committee of the Board of Directors maintains oversight and governance over the compensation of the PEO and NEOs.
The following graphs will show the correlation of the key financial metrics to the compensation of the PEO and NEOs.

       
Tabular List, Table
Most Important Company Performance Measures for Linking
Executive Compensation to Company Performance
 
Total Shareholder Return
Net Income
EBITDA
Revenue
Adjusted Diluted Earnings Per Share
Allient has provided the above key performance metrics in our tabular and graphical Pay versus Performance information as shown above. In addition to the key performance metrics listed, the Company utilizes several additional metrics, both financial and non-financial, in determination of compensation for the Principal Executive Officer and Named Executive Officers.
       
Total Shareholder Return Amount $ 103 118.28 123.6 115.09 108.87
Peer Group Total Shareholder Return Amount 199.73 142.55 168.68 145.25 118.97
Net Income (Loss) $ 24,097,000 $ 17,389,000 $ 24,094,000 $ 13,643,000 $ 17,022,000
Company Selected Measure Amount | $ / shares 2.3 1.88 1.6 1.32 1.58
PEO Name Richard S. Warzala Richard S. Warzala Richard S. Warzala Richard S. Warzala Richard S. Warzala
Measure:: 1          
Pay vs Performance Disclosure          
Name Total Shareholder Return        
Measure:: 2          
Pay vs Performance Disclosure          
Name Net Income        
Measure:: 3          
Pay vs Performance Disclosure          
Compensation Actually Paid vs. Other Measure
Allient utilizes key financial performance metrics in determination of target and actual compensation of the PEO and NEOs. As shown in the above table, as well as the following graphs, Allient utilizes an extensive planning and assessment process to ensure that compensation remains aligned with the overall success of the Company. The Human Capital and Compensation Committee of the Board of Directors maintains oversight and governance over the compensation of the PEO and NEOs.
The following graphs will show the correlation of the key financial metrics to the compensation of the PEO and NEOs.

       
Other Performance Measure, Amount 67,151,000 56,859,000 44,456,000 38,477,000 43,832,000
Name EBITDA        
Non-GAAP Measure Description
(6)
EBITDA, or earnings before interest expense, tax expense (provision), depreciation, and amortization, and Adjusted Diluted Earnings Per Share, are non-GAAP measures, which management believes are important in evaluating the operating results of the Company. EBITDA and Adjusted Diluted Earnings Per Share are non-GAAP financial metrics linked to the annual cash incentive plan. The reconciliation of such is available in the Management’s Discussion & Analysis section of SEC Form 10-K, filed March 5, 2024.
       
Measure:: 4          
Pay vs Performance Disclosure          
Compensation Actually Paid vs. Other Measure
Allient utilizes key financial performance metrics in determination of target and actual compensation of the PEO and NEOs. As shown in the above table, as well as the following graphs, Allient utilizes an extensive planning and assessment process to ensure that compensation remains aligned with the overall success of the Company. The Human Capital and Compensation Committee of the Board of Directors maintains oversight and governance over the compensation of the PEO and NEOs.
The following graphs will show the correlation of the key financial metrics to the compensation of the PEO and NEOs.

       
Other Performance Measure, Amount 578,634,000 502,988,000 403,516,000 366,694,000 371,084,000
Name Revenue        
Measure:: 5          
Pay vs Performance Disclosure          
Name Adjusted Diluted Earnings Per Share        
Non-GAAP Measure Description
(6)
EBITDA, or earnings before interest expense, tax expense (provision), depreciation, and amortization, and Adjusted Diluted Earnings Per Share, are non-GAAP measures, which management believes are important in evaluating the operating results of the Company. EBITDA and Adjusted Diluted Earnings Per Share are non-GAAP financial metrics linked to the annual cash incentive plan. The reconciliation of such is available in the Management’s Discussion & Analysis section of SEC Form 10-K, filed March 5, 2024.
       
PEO | Stock Awards Total in Summary Compensation Table [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (2,020,233) $ (2,688,339) $ (1,648,214) $ (2,429,647) $ (2,351,581)
PEO | Year-over-year Change in Fair Value of Outstanding and Unvested Equity Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,381,083) (14,749) 1,300,034 867,338 1,255,038
PEO | Fair Value as of the Vesting Date of Equity Awards that Vested during the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,562,687 2,269,518 2,632,800 1,590,151 850,743
Non-PEO NEO | Stock Awards Total in Summary Compensation Table [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (197,592) (221,130) (168,090) (288,721) (326,370)
Non-PEO NEO | Year-over-year Change in Fair Value of Outstanding and Unvested Equity Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (220,897) (66,237) 130,416 150,173 155,045
Non-PEO NEO | Fair Value as of the Vesting Date of Equity Awards that Vested during the Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 229,331 $ 237,801 $ 297,244 $ 142,140 $ 147,400