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

In 2022, the SEC adopted rules requiring us to disclose information that compares our NEO compensation to our prescribed financial performance measures. The table below sets forth our pay versus performance disclosure in accordance with Item 402(v) of Regulation S-K.

Year(a)	Summary Compensation Table Total for PEO ($)(b)	Compensation Actually Paid to PEO ($)(c)	Average Summary Compensation Table Total for Non-PEO NEOs ($)(d)	Average Compensation Actually Paid to Non-PEO NEOs ($)(e)	Value of Initial Fixed $100 Investment Based On:		Net Income ($ in millions)(h)	Adjusted EPS ($)(i)
					RRX TSR ($)(f)	S&P 400 Industrials Index TSR ($)(g)
2022	8,644,999	(1,518,528)	2,177,056	299,495	151.96	132.42	488.9	10.75
2021	7,401,555	19,141,375	1,882,286	4,227,764	213.28	149.62	209.9	8.59
2020	6,402,153	12,436,776	1,639,005	1,682,669	145.52	116.49	189.3	4.92
(a) This statement includes three years (2020, 2021, and 2022) rather than five because this is a transition year for the new regulation. (b) The principal executive officer (“PEO”) is Louis V. Pinkham for all years shown. (c) Compensation actually paid (“CAP”) to our PEO reflects the respective amounts set forth in column (b) of the table above, adjusted as set forth in the table below.

Year	2020	2021	2022
SCT Total Compensation ($)	6,402,153	7,401,555	8,644,999
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)	(3,830,534)	(4,226,987)	(5,846,486)
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year that are Outstanding and Unvested at End of Year ($)	6,701,653	8,303,585	3,906,965
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)	3,163,504	6,844,214	(5,742,851)
Fair Value as of Vesting Date for Awards Granted that Vested in Same Year ($)	—	156,536	—
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)	—	662,472	(2,375,482)
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)	—	—	(105,673)
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)	—	—	—
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)	—	—	—
Compensation Actually Paid ($)	12,436,776	19,141,375	(1,518,528)

(d)

The following are included in the average figures shown:

2020: Mr. Rehard, Mr. Schlemmer, Mr. Valentyn, Mr. Kunze, Mr. Morton.

2021: Mr. Rehard, Mr. Valentyn, Mr. Kunze, Mr. Morton.

2022: Mr. Rehard, Mr. Zaba, Mr. Morton, Mr. Valentyn.

(e)

Compensation actually paid (CAP) to our non-PEO NEOs reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below. The assumptions used to calculate the fair values did not differ materially from the assumptions used to calculate the fair values as of the grant dates.

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Year	2020	2021	2022
Non-PEO NEOs	See column (d) note above	See column (d) note above	See column (d) note above
SCT Total Compensation ($)	1,639,005	1,882,286	2,177,056
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)	(537,264)	(840,292)	(1,122,664)
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)	939,965	1,568,075	760,195
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)	563,623	1,349,327	(1,088,918)
Fair Value as of Vesting Date for Awards Granted that Vested in Same Year ($)	—	62,160	—
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)	(18,097)	229,193	(412,434)
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)	(831,941)	(22,985)	(13,740)
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)	(122,408)	—	—
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)	49,786	—	—
Compensation Actually Paid ($)	1,682,669	4,227,764	299,495

(f)

Represents our total shareholder return (TSR) for the measurement periods ending December 31 of each of 2020, 2021 and 2022, respectively.

(g)

Represents the TSR of the S&P 400 Industrials Index for the measurement periods ending on December 31 of each of 2020, 2021 and 2022, respectively.

(h)

Reflects “Net Income” in the company’s audited financial statement included in the Company’s Annual Reports on Form 10-K for each of the years ended December 31, 2020, 2021 and 2022.

(i)

Company-selected measure is adjusted earnings per share, defined as earnings per share adjusted for restructuring and related costs, transaction and related costs, goodwill impairment, inventory step-up adjustment, intangible amortization, share-based compensation expense, gain on sale of assets, impairments and exist related costs and discrete tax items, calculated as set forth in our earnings release for the fiscal year ended December 31, 2022.

Named Executive Officers, Footnote [Text Block]

(a)

This statement includes three years (2020, 2021, and 2022) rather than five because this is a transition year for the new regulation.

PEO Total Compensation Amount

$ 8,644,999

$ 7,401,555

$ 6,402,153

PEO Actually Paid Compensation Amount

$ (1,518,528)

19,141,375

12,436,776

Adjustment To PEO Compensation, Footnote [Text Block]

Year	2020	2021	2022
SCT Total Compensation ($)	6,402,153	7,401,555	8,644,999
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)	(3,830,534)	(4,226,987)	(5,846,486)
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year that are Outstanding and Unvested at End of Year ($)	6,701,653	8,303,585	3,906,965
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)	3,163,504	6,844,214	(5,742,851)
Fair Value as of Vesting Date for Awards Granted that Vested in Same Year ($)	—	156,536	—
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)	—	662,472	(2,375,482)
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)	—	—	(105,673)
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)	—	—	—
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)	—	—	—
Compensation Actually Paid ($)	12,436,776	19,141,375	(1,518,528)

(d)

The following are included in the average figures shown:

2020: Mr. Rehard, Mr. Schlemmer, Mr. Valentyn, Mr. Kunze, Mr. Morton.

2021: Mr. Rehard, Mr. Valentyn, Mr. Kunze, Mr. Morton.

2022: Mr. Rehard, Mr. Zaba, Mr. Morton, Mr. Valentyn.

(e)

Compensation actually paid (CAP) to our non-PEO NEOs reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below. The assumptions used to calculate the fair values did not differ materially from the assumptions used to calculate the fair values as of the grant dates.

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Year	2020	2021	2022
Non-PEO NEOs	See column (d) note above	See column (d) note above	See column (d) note above
SCT Total Compensation ($)	1,639,005	1,882,286	2,177,056
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)	(537,264)	(840,292)	(1,122,664)
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)	939,965	1,568,075	760,195
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)	563,623	1,349,327	(1,088,918)
Fair Value as of Vesting Date for Awards Granted that Vested in Same Year ($)	—	62,160	—
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)	(18,097)	229,193	(412,434)
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)	(831,941)	(22,985)	(13,740)
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)	(122,408)	—	—
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)	49,786	—	—
Compensation Actually Paid ($)	1,682,669	4,227,764	299,495

(f)

Represents our total shareholder return (TSR) for the measurement periods ending December 31 of each of 2020, 2021 and 2022, respectively.

(g)

Represents the TSR of the S&P 400 Industrials Index for the measurement periods ending on December 31 of each of 2020, 2021 and 2022, respectively.

(h)

Reflects “Net Income” in the company’s audited financial statement included in the Company’s Annual Reports on Form 10-K for each of the years ended December 31, 2020, 2021 and 2022.

(i)

Company-selected measure is adjusted earnings per share, defined as earnings per share adjusted for restructuring and related costs, transaction and related costs, goodwill impairment, inventory step-up adjustment, intangible amortization, share-based compensation expense, gain on sale of assets, impairments and exist related costs and discrete tax items, calculated as set forth in our earnings release for the fiscal year ended December 31, 2022.

Non-PEO NEO Average Total Compensation Amount

^[1]

$ 2,177,056

1,882,286

1,639,005

Non-PEO NEO Average Compensation Actually Paid Amount

^[2]

$ 299,495

4,227,764

1,682,669

Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

Year	2020	2021	2022
SCT Total Compensation ($)	6,402,153	7,401,555	8,644,999
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)	(3,830,534)	(4,226,987)	(5,846,486)
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year that are Outstanding and Unvested at End of Year ($)	6,701,653	8,303,585	3,906,965
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)	3,163,504	6,844,214	(5,742,851)
Fair Value as of Vesting Date for Awards Granted that Vested in Same Year ($)	—	156,536	—
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)	—	662,472	(2,375,482)
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)	—	—	(105,673)
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)	—	—	—
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)	—	—	—
Compensation Actually Paid ($)	12,436,776	19,141,375	(1,518,528)

(d)

The following are included in the average figures shown:

2020: Mr. Rehard, Mr. Schlemmer, Mr. Valentyn, Mr. Kunze, Mr. Morton.

2021: Mr. Rehard, Mr. Valentyn, Mr. Kunze, Mr. Morton.

2022: Mr. Rehard, Mr. Zaba, Mr. Morton, Mr. Valentyn.

(e)

Compensation actually paid (CAP) to our non-PEO NEOs reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below. The assumptions used to calculate the fair values did not differ materially from the assumptions used to calculate the fair values as of the grant dates.

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Year	2020	2021	2022
Non-PEO NEOs	See column (d) note above	See column (d) note above	See column (d) note above
SCT Total Compensation ($)	1,639,005	1,882,286	2,177,056
Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)	(537,264)	(840,292)	(1,122,664)
Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)	939,965	1,568,075	760,195
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)	563,623	1,349,327	(1,088,918)
Fair Value as of Vesting Date for Awards Granted that Vested in Same Year ($)	—	62,160	—
Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)	(18,097)	229,193	(412,434)
Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)	(831,941)	(22,985)	(13,740)
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)	(122,408)	—	—
Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)	49,786	—	—
Compensation Actually Paid ($)	1,682,669	4,227,764	299,495

(f)

Represents our total shareholder return (TSR) for the measurement periods ending December 31 of each of 2020, 2021 and 2022, respectively.

(g)

Represents the TSR of the S&P 400 Industrials Index for the measurement periods ending on December 31 of each of 2020, 2021 and 2022, respectively.

(h)

Reflects “Net Income” in the company’s audited financial statement included in the Company’s Annual Reports on Form 10-K for each of the years ended December 31, 2020, 2021 and 2022.

(i)

Company-selected measure is adjusted earnings per share, defined as earnings per share adjusted for restructuring and related costs, transaction and related costs, goodwill impairment, inventory step-up adjustment, intangible amortization, share-based compensation expense, gain on sale of assets, impairments and exist related costs and discrete tax items, calculated as set forth in our earnings release for the fiscal year ended December 31, 2022.

Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Below are graphs showing the relationship of “compensation actually paid” to our PEO and non-PEO NEOs in 2020, 2021 and 2022 to (1) our TSR and the TSR of the S&P 400 Industrials Index, (2) our net income and (3) our adjusted earnings per share.

Compensation Actually Paid vs. Net Income [Text Block]

Below are graphs showing the relationship of “compensation actually paid” to our PEO and non-PEO NEOs in 2020, 2021 and 2022 to (1) our TSR and the TSR of the S&P 400 Industrials Index, (2) our net income and (3) our adjusted earnings per share.

Compensation Actually Paid vs. Company Selected Measure [Text Block]

Tabular List [Table Text Block]

The four performance measures listed below represent the most important metrics we used to link CAP to financial performance for 2022 as further described in our Compensation Discussion and Analysis.

Most Important Performance Measures

1. Adjusted Earnings Per Share

2. Free Cash Flow

3. Total Shareholder Return

4. Return on Invested Capital

Total Shareholder Return Amount

$ 151.96

213.28

145.52

Peer Group Total Shareholder Return Amount

132.42

149.62

116.49

Net Income (Loss)

$ 488,900,000

$ 209,900,000

$ 189,300,000

Company Selected Measure Amount

0.01075

0.00859

0.00492

PEO Name

Louis V. Pinkham

Measure [Axis]: 1

Pay vs Performance Disclosure [Table]

Measure Name

Adjusted Earnings Per Share

Measure [Axis]: 2

Pay vs Performance Disclosure [Table]

Measure Name

Free Cash Flow

Measure [Axis]: 3

Pay vs Performance Disclosure [Table]

Measure Name

Total Shareholder Return

Measure [Axis]: 4

Pay vs Performance Disclosure [Table]

Measure Name

Return on Invested Capital

PEO [Member] | Adjustment Type 1 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

$ (5,846,486)

$ (4,226,987)

$ (3,830,534)

PEO [Member] | Adjustment Type 2 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

3,906,965

8,303,585

6,701,653

PEO [Member] | Adjustment Type 3 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

(5,742,851)

6,844,214

3,163,504

PEO [Member] | Adjustment Type 4 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

156,536

PEO [Member] | Adjustment Type 5 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

(2,375,482)

662,472

PEO [Member] | Adjustment Type 6 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

(105,673)

PEO [Member] | Adjustment Type 7 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

PEO [Member] | Adjustment Type 8 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

Non-PEO NEO [Member] | Adjustment Type 1 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

(1,122,664)

(840,292)

(537,264)

Non-PEO NEO [Member] | Adjustment Type 2 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

760,195

1,568,075

939,965

Non-PEO NEO [Member] | Adjustment Type 3 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

(1,088,918)

1,349,327

563,623

Non-PEO NEO [Member] | Adjustment Type 4 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

62,160

Non-PEO NEO [Member] | Adjustment Type 5 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

(412,434)

229,193

(18,097)

Non-PEO NEO [Member] | Adjustment Type 6 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

(13,740)

(22,985)

(831,941)

Non-PEO NEO [Member] | Adjustment Type 7 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

(122,408)

Non-PEO NEO [Member] | Adjustment Type 8 [Member]

Pay vs Performance Disclosure [Table]

Adjustment to Compensation Amount

$ 49,786

[1] The following are included in the average figures shown:

[2] Compensation actually paid (CAP) to our non-PEO NEOs reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below. The assumptions used to calculate the fair values did not differ materially from the assumptions used to calculate the fair values as of the grant dates.