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Pay vs Performance Disclosure
12 Months Ended
Aug. 31, 2024
USD ($)
Aug. 31, 2023
USD ($)
Aug. 31, 2022
USD ($)
Aug. 31, 2021
USD ($)
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Value of Initial Fixed
$100 Investment Based On:
Year
(a)
Summary
Compensation
Table Total
for PEO
(b)(1)(2)
Compensation
Actually Paid
to PEO
(c)(1)(3)
Average Summary
Compensation
Table Total for
Non-PEO Named
Executive Officers
(d)(4)
Average
Compensation
Actually Paid to
Non-PEO Named
Executive Officers
(e)(5)
Total
Shareholder
Return
(f)(6)
Dow Jones
U.S. Electrical
Components
& Equipment
Index Total
Shareholder
Return
(g)(7)
Net Income
($M)(h)(8)
Adjusted
ROIC(9)
2024
$10,894,174
$56,800,509
$2,768,321
$6,631,128
$235.97
$188.05
$422.60
19.40%
2023
$9,213,817
$8,585,748
$2,567,942
$2,140,698
$149.04
$155.48
$346.00
17.10%
2022
$7,679,005
$4,822,663
$2,071,282
$2,261,684
$151.03
$128.32
$384.00
18.10%
2021
$14,908,045
$52,621,462
$2,161,603
$4,860,075
$169.52
$144.85
$306.30
16.10%
     
Company Selected Measure Name Adjusted ROIC      
Named Executive Officers, Footnote Our PEO for each fiscal year was Neil Ashe.Table for such listed year. The names of the non-PEO NEOs in each year are listed in the table below.
Year
Non-PEO NEOs
2024
Karen J. Holcom, Barry R. Goldman, Dianne S. Mills
2023
Karen J. Holcom, Barry R. Goldman, Dianne S. Mills
2022
Karen J. Holcom, Barry R. Goldman, Dianne S. Mills
2021
Karen J. Holcom, Barry R. Goldman, Dianne S. Mills, Richard K. Reece
     
Peer Group Issuers, Footnote The peer group used is the Dow Jones U.S. Electrical Components & Equipment Index, as used in the company's performance graph in our annual
report. Total shareholder return is calculated by assuming that a $100 investment was made on the day immediately prior to the first fiscal year reported
in the table and reinvesting all dividends until the last day of each reported fiscal year
     
PEO Total Compensation Amount $ 10,894,174 $ 9,213,817 $ 7,679,005 $ 14,908,045
PEO Actually Paid Compensation Amount $ 56,800,509 8,585,748 4,822,663 52,621,462
Adjustment To PEO Compensation, Footnote
Year
Reported
Summary
Compensation
Table Total for
PEO
($)
Reported Value of
Equity Awards
($)(a)
Equity Award
Adjustments
($)(b)
Reported
Change in
Pension Value
($)
Pension Benefit
Adjustments
($)(c)
Compensation
Actually Paid to
PEO
($)
2024
10,894,174
(6,730,939)
52,921,426
(1,299,815)
1,015,662
56,800,509
2023
9,213,817
(6,091,382)
5,096,654
(711,755)
1,078,414
8,585,748
2022
7,679,005
(5,000,154)
1,477,973
(578,872)
1,244,711
4,822,663
2021
14,908,045
(11,212,565)
48,631,456
(1,055,471)
1,349,997
52,621,462
The amounts deducted or added in calculating the equity award adjustments are as follows:
Year
Year End
Fair Value
of Equity
Awards
Granted in Year
($)
Year over
Year Change
in Fair Value
of Outstanding
and Unvested
Equity Awards
($)
Fair Value
as of Vesting
Date of Equity
Awards
Granted
and Vested in
the Year
($)
Year over
Year Change
in Fair Value
of Equity
Awards
Granted in Prior
Years that
Vested
in the Year
($)
Fair Value at the
End of the Prior
Year of Equity
Awards that
Failed to Meet
Vesting Conditions
in the Year
($)
Value of Dividends
or other Earnings
Paid on Stock or
Option Awards not
Otherwise Reflected
in Fair Value or
Total Compensation
($)
Total Equity
Award Adjustments
($)
2024
15,938,793
30,447,865
6,534,768
52,921,426
2023
3,169,434
(895,482)
2,822,702
5,096,654
2022
6,959,607
(6,392,606)
910,972
1,477,973
2021
27,291,422
20,360,204
979,830
48,631,456
(c)The pension benefit adjustments for each applicable year reflect the service cost for services rendered during the year.
     
Non-PEO NEO Average Total Compensation Amount $ 2,768,321 2,567,942 2,071,282 2,161,603
Non-PEO NEO Average Compensation Actually Paid Amount $ 6,631,128 2,140,698 2,261,684 4,860,075
Adjustment to Non-PEO NEO Compensation Footnote
Year
Average
Reported
Summary
Compensation
Table Total for
NEOs
($)
Average
Reported Value
of Equity Awards
($)(a)
Average Equity
Award
Adjustments
($)(b)
Average
Reported
Change in
Pension
Value
($)
Pension Benefit
Adjustments
($)(c)
Average Compensation
Actually Paid to NEOs
($)
2024
2,768,321
(1,335,319)
5,245,332
(240,307)
193,101
6,631,128
2023
2,567,942
(1,321,320)
827,418
(129,789)
196,447
2,140,698
2022
2,071,282
(1,100,104)
1,109,446
(59,414)
240,474
2,261,684
2021
2,161,603
(856,252)
3,321,196
(150,803)
384,331
4,860,075
The amounts deducted or added in calculating the equity award adjustments are as follows:
Year
Average Year
End Fair
Value of
Equity
Awards
Granted in
Year
($)
Year over
Year Average
Change
in Fair Value
of Outstanding
and Unvested
Equity Awards
($)
Average Fair
Value as
of Vesting
Date of
Equity Awards
Granted and
Vested in
the Year
($)
Year over
Year Average
Change
in Fair Value
of Equity Awards
Granted in Prior
Years that
Vested in
the Year
($)
Average Fair Value
at the End of the
Prior Year of Equity
Awards that
Failed to Meet
Vesting Conditions
in the Year
($)
Average Value of
Dividends
or other Earnings
Paid on Stock or
Option Awards not
Otherwise Reflected
in Fair Value or
Total Compensation
($)
Total Average Equity
Award Adjustments
($)
2024
2,968,366
2,272,093
4,873
5,245,332
2023
782,272
(27,500)
72,646
827,418
2022
1,311,812
(244,037)
41,671
1,109,446
2021
2,605,621
728,029
(12,455)
3,321,196
(c)The pension benefit adjustments for each applicable fiscal year consist of the average of the actuarially determined service cost for services rendered
during the applicable year plus, to the extent applicable, the average of the prior service cost, calculated as the entire cost of benefits granted in a
plan amendment or initiation during the applicable year attributable to services rendered during prior periods. For 2024, 2023, and 2022 the pension
benefit adjustments consist only of service cost for services rendered during the applicable year. For 2021, the pension benefit adjustments consist of
$170,096 of average service cost for services rendered during 2021 and $214,235 of average prior service cost.
     
Compensation Actually Paid vs. Total Shareholder Return
26388279076600
g
PEO CAP ($M)
g
Average Non-PEO CAP ($M)
AYI
DJUSECT
     
Compensation Actually Paid vs. Net Income AYI NET INCOME VS. COMPENSATION ACTUALLY PAID
27487790704416
g
PEO CAP ($M)
g
Average Non-PEO CAP ($M)
Net Income
     
Compensation Actually Paid vs. Company Selected Measure AYI ADJUSTED ROIC VS. COMPENSATION ACTUALLY PAID
32435593029450
g
PEO CAP ($M)
g
Average Non-PEO CAP ($M)
Adjusted ROIC
     
Total Shareholder Return Vs Peer Group
26388279076600
     
Total Shareholder Return Amount $ 235.97 149.04 151.03 169.52
Peer Group Total Shareholder Return Amount 188.05 155.48 128.32 144.85
Net Income (Loss) $ 422,600,000 $ 346,000,000.00 $ 384,000,000.00 $ 306,300,000
Company Selected Measure Amount 0.1940 0.1710 0.1810 0.1610
PEO Name Neil Ashe Neil Ashe Neil Ashe Neil Ashe
Additional 402(v) Disclosure Represents the total compensation paid to our PEO in each listed year, as shown in our Summary Compensation Table for such listed year.
(3)Compensation actually paid does not mean that our PEO was actually paid those amounts in the listed year, but this is a dollar amount derived from the
starting point of summary compensation table total compensation under the methodology prescribed under the relevant rules as shown in the adjustment
table below.
The reported value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary
Compensation Table for the applicable year.
(b)The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of
any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end
of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of
the end of the applicable year; (iii) for awards that are granted and vest in the same applicable year, the fair value as of the vesting date; (iv) for
awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal
year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year,
a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on
stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any
other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from
those disclosed at the time of grant.This figure is the average of the total compensation paid to our NEOs other than our PEO in each listed year, as shown in our Summary Compensation This figure is the average of compensation actually paid for our NEOs other than our PEO in each listed year. Compensation actually paid does not mean
that these NEOs were actually paid those amounts in the listed year, but this is a dollar amount derived from the starting point of Summary Compensation
Table total compensation under the methodology prescribed under the SEC's rules as shown in the table below, with the indicated figures showing an
average of such figure for all NEOs other than our PEO in each listed year.
The average reported value of equity awards represents average of the total of the amounts reported in the “Stock Awards” and “Option Awards”
columns in the Summary Compensation Table for the applicable year.
(b)The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of
any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end
of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of
the end of the applicable year; (iii) for awards that are granted and vest in the same applicable year, the fair value as of the vesting date; (iv) for
awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal
year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year,
a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on
stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any
other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from
those disclosed at the time of grant.Total shareholder return is calculated by assuming that a $100 investment was made on the day immediately prior to the first fiscal year reported in the
table and reinvesting all dividends until the last day of each reported fiscal year.
The dollar amounts reported are the Company's net income reflected in the Company’s audited financial statements.
     
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted ROIC      
Non-GAAP Measure Description In the Company's assessment ROIC is the financial performance measure that is the most important financial performance measure used by the
company in fiscal 2024 to link compensation actually paid to performance. Adjusted ROIC is a non-GAAP financial measure. See Appendix B for a
reconciliation of adjusted ROIC to the most directly comparable financial measure calculated in accordance with GAAP.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name Net Sales      
Measure:: 3        
Pay vs Performance Disclosure        
Name Adjusted Operating Profit      
Measure:: 4        
Pay vs Performance Disclosure        
Name Free Cash Flow      
Measure:: 5        
Pay vs Performance Disclosure        
Name rTSR      
PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (1,299,815) $ (711,755) $ (578,872) $ (1,055,471)
PEO | Aggregate Pension Adjustments Service Cost        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,015,662 1,078,414 1,244,711 1,349,997
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (6,730,939) (6,091,382) (5,000,154) (11,212,565)
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 52,921,426 5,096,654 1,477,973 48,631,456
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 15,938,793 3,169,434 6,959,607 27,291,422
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 30,447,865 (895,482) (6,392,606) 20,360,204
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 6,534,768 2,822,702 910,972 979,830
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (240,307) (129,789) (59,414) (150,803)
Non-PEO NEO | Aggregate Pension Adjustments Service Cost        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 193,101 196,447 240,474 384,331
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,335,319) (1,321,320) (1,100,104) (856,252)
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 5,245,332 827,418 1,109,446 3,321,196
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,968,366 782,272 1,311,812 2,605,621
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,272,093 (27,500) (244,037) 728,029
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 4,873 72,646 41,671 (12,455)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0