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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
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.

 

            Average
Summary 		  Average  

Value of Initial Fixed $100
Investment Based On:

 

    
Year(a)   Summary
Compensation
Table Total
for PEO
($)(b)		   Compensation
Actually Paid
to PEO
($)(c)		   Compensation
Table Total
for Non-PEO
NEOs
($)(d)		   Compensation
Actually Paid
to Non-PEO
NEOs
($)(e)		   RRX TSR
($)(f)		   S&P 400
Industrials
Index TSR
($)(g)		   Net Income
($ in
millions)(h)		   Adjusted
EPS
($)(i)
2023   11,805,489   13,704,600   2,960,510   3,233,320   189.28   174.04   138.8   9.15
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 four years (2020, 2021, 2022 and 2023) 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   2023
  SCT Total Compensation ($)   6,402,153   7,401,555   8,644,999   11,805,489
  Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)   (3,830,534)   (4,226,987)   (5,846,486)   (8,364,427)
  Plus: Fair Value for Stock and Option Awards Granted in the Covered Year that are Outstanding and Unvested at End of Year ($)   6,701,653   8,303,585   3,906,965   6,245,153
  Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)   3,163,504   6,844,214   (5,742,851)   1,434,379
  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)   2,911,682
  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)   13,704,600

 

(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.
  2023: Mr. Rehard, Mr. Zaba, Mr. Morton, Mr. Valentyn.

 

71 

 

(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.

 

  Year   2020   2021   2022   2023
  Non-PEO NEOs   See column (d)
note above		   See column (d)
note above		   See column (d)
note above		   See column (d)
note above
  SCT Total Compensation ($)   1,639,005   1,882,286   2,177,056   2,960,510
  Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)   (537,264)   (840,292)   (1,122,664)   (1,792,882)
  Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)   939,965   1,568,075   760,195   1,338,630
  Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)   563,623   1,349,327   (1,088,918)   333,338
  Fair Value as of Vesting Date for Awards Granted that Vested in Same Year ($)   —   62,160   —   0
  Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)   (18,097)   229,193   (412,434)   449,437
  Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)   (831,941)   (22,985)   (13,740)   0
  Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)   (122,408)   —   —   (7,140)
  Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)   49,786   —   —   —
  Compensation Actually Paid ($)   1,682,669   4,227,764   299,495   3,233,320

 

(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.
  2023: Mr. Rehard, Mr. Zaba, Mr. Morton, Mr. Valentyn.
(f) Represents our total shareholder return (TSR) for the measurement periods ending December 31 of each of 2020, 2021, 2022 and 2023, 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, 2022 and 2023, 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, 2022 and 2023.
(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, 2023.
      
Company Selected Measure Name adjusted earnings per share      
Named Executive Officers, Footnote [Text Block]

(b) The principal executive officer (“PEO”) is Louis V. Pinkham for all years shown.

 

(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.
  2023: Mr. Rehard, Mr. Zaba, Mr. Morton, Mr. Valentyn.
      
PEO Total Compensation Amount [1],[2] $ 11,805,489 $ 8,644,999 $ 7,401,555 $ 6,402,153
PEO Actually Paid Compensation Amount [2],[3] $ 13,704,600 (1,518,528) 19,141,375 12,436,776
Adjustment To PEO Compensation, Footnote [Text Block]

 

  Year   2020   2021   2022   2023
  SCT Total Compensation ($)   6,402,153   7,401,555   8,644,999   11,805,489
  Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)   (3,830,534)   (4,226,987)   (5,846,486)   (8,364,427)
  Plus: Fair Value for Stock and Option Awards Granted in the Covered Year that are Outstanding and Unvested at End of Year ($)   6,701,653   8,303,585   3,906,965   6,245,153
  Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)   3,163,504   6,844,214   (5,742,851)   1,434,379
  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)   2,911,682
  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)   13,704,600
      
Non-PEO NEO Average Total Compensation Amount [2],[4] $ 2,960,510 2,177,056 1,882,286 1,639,005
Non-PEO NEO Average Compensation Actually Paid Amount [2],[5] $ 3,233,320 299,495 4,227,764 1,682,669
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

 

  Year   2020   2021   2022   2023
  Non-PEO NEOs   See column (d)
note above		   See column (d)
note above		   See column (d)
note above		   See column (d)
note above
  SCT Total Compensation ($)   1,639,005   1,882,286   2,177,056   2,960,510
  Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)   (537,264)   (840,292)   (1,122,664)   (1,792,882)
  Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)   939,965   1,568,075   760,195   1,338,630
  Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)   563,623   1,349,327   (1,088,918)   333,338
  Fair Value as of Vesting Date for Awards Granted that Vested in Same Year ($)   —   62,160   —   0
  Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year ($)   (18,097)   229,193   (412,434)   449,437
  Less: Fair Value of Stock and Option Awards Forfeited during the covered Year ($)   (831,941)   (22,985)   (13,740)   0
  Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans ($)   (122,408)   —   —   (7,140)
  Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans ($)   49,786   —   —   —
  Compensation Actually Paid ($)   1,682,669   4,227,764   299,495   3,233,320
      
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, 2022 and 2023, 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, 2022 and 2023, 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]

 

Below are graphs showing the relationship of “compensation actually paid” to our PEO and non-PEO NEOs in 2020, 2021, 2022 and 2023, 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.

 

      
Total Shareholder Return Vs Peer Group [Text Block]

 

Below are graphs showing the relationship of “compensation actually paid” to our PEO and non-PEO NEOs in 2020, 2021, 2022 and 2023, 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.

 

      
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 2023 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 [2],[6] $ 189.28 151.96 213.28 145.52
Peer Group Total Shareholder Return Amount [2],[7] 174.04 132.42 149.62 116.49
Net Income (Loss) Attributable to Parent [2],[8] $ 138,800,000 $ 488,900,000 $ 209,900,000 $ 189,300,000
Company Selected Measure Amount | $ / shares [2],[9] 9.15 10.75 8.59 4.92
PEO Name Louis V. Pinkham Louis V. Pinkham Louis V. Pinkham 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] | Less: Stock and Option Award Values Reported in SCT for the Covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ (8,364,427) $ (5,846,486) $ (4,226,987) $ (3,830,534)
PEO [Member] | Plus: Fair Value for Stock and Option Awards Granted in the Covered Year that are Outstanding and Unvested at End of Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 6,245,153 3,906,965 8,303,585 6,701,653
PEO [Member] | Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 1,434,379 (5,742,851) 6,844,214 3,163,504
PEO [Member] | Fair Value as of Vesting Date for Awards Granted that Vested in Same Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 156,536
PEO [Member] | Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 2,911,682 (2,375,482) 662,472
PEO [Member] | Less: Fair Value of Stock and Option Awards Forfeited during the covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (105,673)
PEO [Member] | Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount
PEO [Member] | Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount
Non-PEO NEO [Member] | Less: Stock and Option Award Values Reported in SCT for the Covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (1,792,882) (1,122,664) (840,292) (537,264)
Non-PEO NEO [Member] | Plus: Fair Value for Stock and Option Awards Granted in the Covered Year that are Outstanding and Unvested at End of Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 1,338,630 760,195 1,568,075 939,965
Non-PEO NEO [Member] | Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 333,338 (1,088,918) 1,349,327 563,623
Non-PEO NEO [Member] | Fair Value as of Vesting Date for Awards Granted that Vested in Same Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 0 62,160
Non-PEO NEO [Member] | Change in Fair Value of Stock and Option Awards from Prior years that Vested in the Covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 449,437 (412,434) 229,193 (18,097)
Non-PEO NEO [Member] | Less: Fair Value of Stock and Option Awards Forfeited during the covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 0 (13,740) (22,985) (831,941)
Non-PEO NEO [Member] | Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (7,140) (122,408)
Non-PEO NEO [Member] | Plus: Aggregate Service Cost and Prior Service Cost for Pension Plans        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ 49,786
[1] The principal executive officer (“PEO”) is Louis V. Pinkham for all years shown.
[2] This statement includes four years (2020, 2021, 2022 and 2023) rather than five because this is a transition year for the new regulation.
[3] 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.  
[4] 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.

2023: Mr. Rehard, Mr. Zaba, Mr. Morton, Mr. Valentyn.
[5] 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.
[6] Represents our total shareholder return (TSR) for the measurement periods ending December 31 of each of 2020, 2021, 2022 and 2023, respectively.
[7] Represents the TSR of the S&P 400 Industrials Index for the measurement periods ending on December 31 of each of 2020, 2021, 2022 and 2023, respectively.
[8] 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, 2022 and 2023.
[9] 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, 2023.