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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]        
Pay vs Performance [Table Text Block]

PAY VERSUS PERFORMANCE TABLE

 

                    Value of Initial Fixed $100
Investment Based on:
       
Year (a)     Summary
Compensation
Table Total for
PEO ($)
(b)
     Compensation
Actually
Paid to
PEO ($)
(c)
     Average
Summary
Compensation
Total for
Non-PEO
NEOs ($)
(d)
     Average
Compensation
Actually Paid
to Non-PEO
NEOs ($)
(e)
     Total
Shareholder
Return ($)
(f)
     Dow Jones
US Building
Materials
& Fixtures
Index
($)
(g)
     Net
Income
($ 000’s)
(h)
     Operating
Income
($000’s)
(i)
2023   19,464,383   51,277,489   3,793,208   8,362,951   161   137   602,897   756,053
2022   34,994,079   39,921,017   4,286,027   5,542,672   104   74   658,316   877,149
2021   10,841,767   21,073,541   2,482,800   4,483,255   170   144   468,520   655,845
2020   7,233,148   8,624,330   1,729,569   2,019,211   112   126   139,493   245,838
.

Column (b). Reflects compensation amounts reported in the “Summary Compensation Table” for our CEO, Mr. Christopher, for the respective years shown.

Column (c). “Compensation actually paid” to our CEO in each of 2023, 2022, 2021 and 2020 reflects the respective amounts set forth in column (b) of the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules. For awards with dividend rights, these amounts are paid in cash once the underlying award vests, and are incorporated as applicable in the table below. The dollar amounts reflected in column (b) of the above do not reflect the actual amount of compensation earned by or paid to our CEO during the applicable year. For information regarding the decisions made by our Compensation & Personnel Development Committee with respect to the CEO’s compensation for each fiscal year, please see the Compensation Discussion & Analysis sections of the proxy statements reporting pay for the fiscal years covered in the table above.

 

  Year   2020     2021     2022     2023
  CEO   Mr. Christopher   Mr. Christopher   Mr. Christopher   Mr. Christopher
  SCT Total Compensation ($)   7,233,148   10,841,767   34,994,079   19,464,383
  Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)   (2,220,750)   (3,259,125)   (25,825,500)   (10,161,450)
  Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)   2,638,875   4,425,375   23,595,500   12,866,850
  Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)   1,152,600   8,483,199   6,564,886   25,375,159
  Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($)   (179,543)   582,325   592,052   3,732,547
  Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($)        
  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 ($)   8,624,330   21,073,541   39,921,017   51,277,489

Equity Valuations: For 2022 and 2023, performance-based restricted share unit grant date fair values are calculated using the average high/low stock price as of the date of grant assuming maximum performance. For 2021 and 2020, performance-based restricted share unit grant date fair values are calculated using the average high/low stock price as of the date of grant assuming target performance. Adjustments have been made using the stock price and performance accrual modifier as of year-end and as of the date of vest. Time-vested restricted share unit grant date fair values are calculated using the average high/low stock price as of date of grant. Adjustments have been made using the average high/low stock price as of year-end and as of each date of vest.

 

Column (d). The following non-CEO NEOs are included in the average figures shown for each of 2023, 2022, 2021 and 2020: Messrs. Martin, Sigloch and Miritello.

Column (e). Average “compensation actually paid” for our non-CEO NEOs in each of 2023, 2022, 2021 and 2020 reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules. For awards with dividend rights, these amounts are paid in cash once the underlying award vests, and are incorporated as applicable in the table below. The dollar amounts reflected in column (d) of the above do not reflect the actual amount of compensation earned by or paid to our non-CEO NEOs during the applicable year. For information regarding the decisions made by our Compensation & Personnel Development Committee with respect to our non-CEO NEOs’ compensation for each fiscal year, please see the Compensation Discussion & Analysis sections of the proxy statements reporting pay for the fiscal years covered in the table above.

 
  Year   2020 Average     2021 Average     2022 Average     2023 Average
  Non-CEO NEOs  

See column (d)

note

 

See column (d)

note

 

See column (d)

note

 

See column (d)

note

  SCT Total Compensation ($)   1,729,569   2,482,800   4,286,027   3,793,208
  Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)   (503,370)   (753,220)   (2,410,888)   (1,906,840)
  Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)   598,118   1,022,753   2,109,505   2,414,520
  Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)   203,627   1,511,873   1,481,643   3,362,068
  Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($)   (8,733)   219,049   76,385   699,995
  Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($)        
  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 ($)   2,019,211   4,483,255   5,542,672   8,362,951

 

Equity Valuations: See method as described in Column (c) note.

Column (f). For the relevant fiscal year, represents the cumulative total shareholder return (TSR) of the Company for the measurement periods ending on December 30, 2023, December 31, 2022, December 25, 2021 and December 26, 2020, respectively.

Column (g). For the relevant fiscal year, represents the TSR of the Dow Jones U.S. Building Materials & Fixtures index ending on each of December 30, 2023, December 31, 2022, December 25,2021 and December 26, 2020.

Column (h). Reflects “Net Income” in the Company’s Consolidated Income Statements included in the Company’s Annual Reports for the measurement periods ending on December 30, 2023, December 31, 2022, December 25, 2021 and December 26, 2020, respectively.

Column (i). The Company-selected measure is operating income.

     
Company Selected Measure Name operating income      
Named Executive Officers, Footnote [Text Block]

Column (b). Reflects compensation amounts reported in the “Summary Compensation Table” for our CEO, Mr. Christopher, for the respective years shown.

Column (d). The following non-CEO NEOs are included in the average figures shown for each of 2023, 2022, 2021 and 2020: Messrs. Martin, Sigloch and Miritello.

     
PEO Total Compensation Amount [1] $ 19,464,383 $ 34,994,079 $ 10,841,767 $ 7,233,148
PEO Actually Paid Compensation Amount [2] $ 51,277,489 39,921,017 21,073,541 8,624,330
Adjustment To PEO Compensation, Footnote [Text Block]

Column (c). “Compensation actually paid” to our CEO in each of 2023, 2022, 2021 and 2020 reflects the respective amounts set forth in column (b) of the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules. For awards with dividend rights, these amounts are paid in cash once the underlying award vests, and are incorporated as applicable in the table below. The dollar amounts reflected in column (b) of the above do not reflect the actual amount of compensation earned by or paid to our CEO during the applicable year. For information regarding the decisions made by our Compensation & Personnel Development Committee with respect to the CEO’s compensation for each fiscal year, please see the Compensation Discussion & Analysis sections of the proxy statements reporting pay for the fiscal years covered in the table above.

 

  Year   2020     2021     2022     2023
  CEO   Mr. Christopher   Mr. Christopher   Mr. Christopher   Mr. Christopher
  SCT Total Compensation ($)   7,233,148   10,841,767   34,994,079   19,464,383
  Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)   (2,220,750)   (3,259,125)   (25,825,500)   (10,161,450)
  Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)   2,638,875   4,425,375   23,595,500   12,866,850
  Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)   1,152,600   8,483,199   6,564,886   25,375,159
  Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($)   (179,543)   582,325   592,052   3,732,547
  Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($)        
  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 ($)   8,624,330   21,073,541   39,921,017   51,277,489
     
Non-PEO NEO Average Total Compensation Amount [3] $ 3,793,208 4,286,027 2,482,800 1,729,569
Non-PEO NEO Average Compensation Actually Paid Amount [4] $ 8,362,951 5,542,672 4,483,255 2,019,211
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

 

Column (d). The following non-CEO NEOs are included in the average figures shown for each of 2023, 2022, 2021 and 2020: Messrs. Martin, Sigloch and Miritello.

Column (e). Average “compensation actually paid” for our non-CEO NEOs in each of 2023, 2022, 2021 and 2020 reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules. For awards with dividend rights, these amounts are paid in cash once the underlying award vests, and are incorporated as applicable in the table below. The dollar amounts reflected in column (d) of the above do not reflect the actual amount of compensation earned by or paid to our non-CEO NEOs during the applicable year. For information regarding the decisions made by our Compensation & Personnel Development Committee with respect to our non-CEO NEOs’ compensation for each fiscal year, please see the Compensation Discussion & Analysis sections of the proxy statements reporting pay for the fiscal years covered in the table above.

 
  Year   2020 Average     2021 Average     2022 Average     2023 Average
  Non-CEO NEOs  

See column (d)

note

 

See column (d)

note

 

See column (d)

note

 

See column (d)

note

  SCT Total Compensation ($)   1,729,569   2,482,800   4,286,027   3,793,208
  Less: Stock and Option Award Values Reported in SCT for the Covered Year ($)   (503,370)   (753,220)   (2,410,888)   (1,906,840)
  Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($)   598,118   1,022,753   2,109,505   2,414,520
  Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)   203,627   1,511,873   1,481,643   3,362,068
  Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($)   (8,733)   219,049   76,385   699,995
  Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($)        
  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 ($)   2,019,211   4,483,255   5,542,672   8,362,951
     
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

 

 

Below are graphs showing the relationship of “compensation actually paid” (CAP) to our CEO and other NEOs in 2020, 2021, 2022 and 2023 to (i) TSR of both the Company and the Dow Jones U.S. Building Materials & Fixtures index, (ii) the Company’s net income, and (iii) the Company’s operating income.

 

 

     
Compensation Actually Paid vs. Net Income [Text Block]

 

 

 

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

 

     
Total Shareholder Return Vs Peer Group [Text Block]

 

Below are graphs showing the relationship of “compensation actually paid” (CAP) to our CEO and other NEOs in 2020, 2021, 2022 and 2023 to (i) TSR of both the Company and the Dow Jones U.S. Building Materials & Fixtures index, (ii) the Company’s net income, and (iii) the Company’s operating income.

 

     
Total Shareholder Return Amount [5] $ 161 104 170 112
Peer Group Total Shareholder Return Amount [6] 137 74 144 126
Net Income (Loss) Attributable to Parent [7] $ 602,897,000 $ 658,316,000 $ 468,520,000 $ 139,493,000
Company Selected Measure Amount [8] 756,053,000 877,149,000 655,845,000 245,838,000
PEO Name Mr. Christopher Mr. Christopher Mr. Christopher Mr. Christopher
PEO [Member] | Less: Stock And Option Award Values Reported In SCT For The Covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ (10,161,450) $ (25,825,500) $ (3,259,125) $ (2,220,750)
PEO [Member] | Plus: Fair Value For Stock And Option Awards Granted In The Covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 12,866,850 23,595,500 4,425,375 2,638,875
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 25,375,159 6,564,886 8,483,199 1,152,600
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 3,732,547 592,052 582,325 (179,543)
PEO [Member] | Less: Fair Value Of Stock And Option Awards Forfeited During The Covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount
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 (1,906,840) (2,410,888) (753,220) (503,370)
Non-PEO NEO [Member] | Plus: Fair Value For Stock And Option Awards Granted In The Covered Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 2,414,520 2,109,505 1,022,753 598,118
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 3,362,068 1,481,643 1,511,873 203,627
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 699,995 76,385 219,049 (8,733)
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
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
Non-PEO NEO [Member] | Plus: Aggregate Service Cost And Prior Service Cost For Pension Plans        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount
[1] Reflects compensation amounts reported in the “Summary Compensation Table” for our CEO, Mr. Christopher, for the respective years shown.
[2] “Compensation actually paid” to our CEO in each of 2023, 2022, 2021 and 2020 reflects the respective amounts set forth in column (b) of the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules. For awards with dividend rights, these amounts are paid in cash once the underlying award vests, and are incorporated as applicable in the table below. The dollar amounts reflected in column (b) of the above do not reflect the actual amount of compensation earned by or paid to our CEO during the applicable year. For information regarding the decisions made by our Compensation & Personnel Development Committee with respect to the CEO’s compensation for each fiscal year, please see the Compensation Discussion & Analysis sections of the proxy statements reporting pay for the fiscal years covered in the table above.
[3] The following non-CEO NEOs are included in the average figures shown for each of 2023, 2022, 2021 and 2020: Messrs. Martin, Sigloch and Miritello.
[4] Average “compensation actually paid” for our non-CEO NEOs in each of 2023, 2022, 2021 and 2020 reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules. For awards with dividend rights, these amounts are paid in cash once the underlying award vests, and are incorporated as applicable in the table below. The dollar amounts reflected in column (d) of the above do not reflect the actual amount of compensation earned by or paid to our non-CEO NEOs during the applicable year. For information regarding the decisions made by our Compensation & Personnel Development Committee with respect to our non-CEO NEOs’ compensation for each fiscal year, please see the Compensation Discussion & Analysis sections of the proxy statements reporting pay for the fiscal years covered in the table above.
[5] For the relevant fiscal year, represents the cumulative total shareholder return (TSR) of the Company for the measurement periods ending on December 30, 2023, December 31, 2022, December 25, 2021 and December 26, 2020, respectively.
[6] For the relevant fiscal year, represents the TSR of the Dow Jones U.S. Building Materials & Fixtures index ending on each of December 30, 2023, December 31, 2022, December 25,2021 and December 26, 2020.
[7] Reflects “Net Income” in the Company’s Consolidated Income Statements included in the Company’s Annual Reports for the measurement periods ending on December 30, 2023, December 31, 2022, December 25, 2021 and December 26, 2020, respectively.
[8] The Company-selected measure is operating income.