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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

 

The table below summarizes the compensation actually paid to each of the NEOs listed in the table and company financial performance measures for the three years ended December 31, 2022.

 

   Summary
Compensation
  Compensation  Average Summary
Compensation
  Average
Compensation
  Value of Initial Fixed $100
Investment Based on:(4)
     Company
   Table Total
for PEO
(1)  Actually Paid
to PEO
(2),(3)  Table Total for
Non-PEO NEOs
  Actually paid to
Non-PEO NEOs
(2),(3)  Company
TSR
  Peer Group
TSR
  Net Income  Adjusted
EBITDA
Year  ($)  ($)  ($)  ($)  ($)  ($)  ($ Million)  ($ Million)
2022  8,682,313  (7,732,568)  2,042,305  (224,312)  209  125  1,083  1,389
2021  9,158,272  34,346,704  1,943,418  5,334,446  272  180  1,373  1,877
2020  7,381,365  8,389,602  1,577,268  1,673,812  128  138  497  757

 

(1) W. Bradley Southern is our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each presented year are listed below.

 

2022 2021 and 2020
Alan J.M. Haughie Alan J.M. Haughie           
Jason P. Ringblom Jason P. Ringblom
Nicole C. Daniel Neil Sherman
Michael W. Blosser Michael J. Sims
Robin H. Everhart  

 

(2) The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
(3) Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.

 

        Year  Summary
Compensation Table
Total for PEO
($)
  Deduct Change in
Pension Value for
PEO
($)
  Pension Benefits
Adjustments for
PEO
($)
  Exclusion of Stock
Awards for PEO
($)
  Inclusion of Equity
Values for
PEO
($)
  Compensation
Actually Paid to
PEO
($)
  2022  8,682,313  (4,318)    (4,681,023)  (11,729,540)  (7,732,568)
  2021  9,158,272  (2,909)    (5,841,211)  31,032,552  34,346,704
  2020  7,381,365  (4,833)    (3,814,806)  4,827,876  8,389,602

 

        Year  Summary
Compensation
Table Total for
Non-PEO NEOs
($)
  Deduct Change in
Pension Value for
Non-PEO NEOs
($)
  Pension Benefits
Adjustments for
Non-PEO NEOs
($)
  Exclusion of
Stock Awards for
Non-PEO NEOs
($)
  Inclusion of
Equity Values for
Non-PEO NEOs
($)
  Compensation
Actually Paid to
Non-PEO NEOs
($)
  2022  2,042,305  (2,303)    (680,462)  (1,583,852)  (224,312)
  2021  1,943,418  (1,780)    (819,028)  4,211,836  5,334,446
  2020  1,577,268  (9,062)    (516,399)  622,006  1,673,812

 

The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:

 

        Year  Year-End Fair
Value of Equity
Awards Granted
During Year
That Remained
Unvested as of
Last Day of Year
for PEO
($)
  Change in Fair
Value from Last
Day of Prior Year
to Last Day of
Year of Unvested
Equity Awards for
PEO
($)
  Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
PEO
($)
  Change in Fair
Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that Vested
During Year for PEO
($)
  Fair Value at Last
Day of Prior Year
of Equity Awards
Forfeited During
Year for PEO
($)
  Value of
Dividends or
Other Earnings
Paid on Stock or
Option Awards
Not Otherwise
Included for PEO
($)
  Total -
Inclusion of
Equity Values
for PEO
($)
  2022  1,553,112  (12,132,510)    (1,338,973)    194,831  (11,729,540)
  2021  10,744,875  18,990,112    1,080,375    217,190  31,032,552
  2020  2,141,537  2,342,026    119,253    225,060  4,827,876

 

        Year  Average
Year-End Fair
Value of Equity
Awards Granted
During Year
That Remained
Unvested as
of Last Day
of Year for
Non-PEO NEOs
($)
  Average Change
in Fair Value
from Last Day of
Prior Year to Last
Day of Year of
Unvested Equity
Awards for
Non-PEO NEOs
($)
  Average Vesting-
Date Fair Value
of Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)
  Average Change in
Fair Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that Vested
During Year for
Non-PEO NEOs
($)
  Average Fair
Value at Last
Day of Prior
Year of Equity
Awards Forfeited
During Year for
Non-PEO NEOs
($)
  Average Value
of Dividends or
Other Earnings
Paid on Stock or
Option Awards
Not Otherwise
Included for
Non-PEO NEOs
($)
  Total - Average
Inclusion
of Equity
Values for
Non-PEO NEOs
($)
  2022  241,204  (1,593,574)  35,226  (297,009)    30,301  (1,583,852)
  2021  1,436,593  2,590,079  55,090  158,681  (59,695)  31,087  4,211,836
  2020  293,181  273,091    27,434    28,300  622,006

(4) The Peer Group TSR set forth in this table utilizes the following published index: S&P 500 Building Products. TSR for both the Company and the peer group is based on an initial $100 investment, measured on a cumulative basis from the market close on December 31, 2019, through and including the end of the fiscal year for which TSR is being presented in the table.

 

Financial Performance Measures used to Link Compensation Actually Paid to NEOs for the Most Recently Completed Fiscal Year to Company Performance

 

For the fiscal year ended December 31, 2022, our Compensation Committee identified the performance measures listed below as the most important in setting compensation for the NEOs. Adjusted EBITDA is the key performance measure used in setting performance goals for our PSUs which comprise a significant portion of the NEOs compensation mix. For additional detail on Adjusted EBITDA see “Compensation Disclosure and Analysis – Section IV: Elements and Philosophy of Executive Compensation – Long-term Equity Incentive Compensation” on page 44.

 

Adjusted EBITDA (Company and Segment basis)
Economic Profit (Company and Segment basis)
Company Operating Cash Flow
Relative Total Stockholder Return
   
Named Executive Officers, Footnote [Text Block]

 

(1) W. Bradley Southern is our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each presented year are listed below.

 

2022 2021 and 2020
Alan J.M. Haughie Alan J.M. Haughie           
Jason P. Ringblom Jason P. Ringblom
Nicole C. Daniel Neil Sherman
Michael W. Blosser Michael J. Sims
Robin H. Everhart  
   
Peer Group Issuers, Footnote [Text Block] The Peer Group TSR set forth in this table utilizes the following published index: S&P 500 Building Products. TSR for both the Company and the peer group is based on an initial $100 investment, measured on a cumulative basis from the market close on December 31, 2019, through and including the end of the fiscal year for which TSR is being presented in the table.    
PEO Total Compensation Amount $ 8,682,313 $ 9,158,272 $ 7,381,365
PEO Actually Paid Compensation Amount $ (7,732,568) 34,346,704 8,389,602
Adjustment To PEO Compensation, Footnote [Text Block]

 

        Year  Summary
Compensation Table
Total for PEO
($)
  Deduct Change in
Pension Value for
PEO
($)
  Pension Benefits
Adjustments for
PEO
($)
  Exclusion of Stock
Awards for PEO
($)
  Inclusion of Equity
Values for
PEO
($)
  Compensation
Actually Paid to
PEO
($)
  2022  8,682,313  (4,318)    (4,681,023)  (11,729,540)  (7,732,568)
  2021  9,158,272  (2,909)    (5,841,211)  31,032,552  34,346,704
  2020  7,381,365  (4,833)    (3,814,806)  4,827,876  8,389,602

 

        Year  Summary
Compensation
Table Total for
Non-PEO NEOs
($)
  Deduct Change in
Pension Value for
Non-PEO NEOs
($)
  Pension Benefits
Adjustments for
Non-PEO NEOs
($)
  Exclusion of
Stock Awards for
Non-PEO NEOs
($)
  Inclusion of
Equity Values for
Non-PEO NEOs
($)
  Compensation
Actually Paid to
Non-PEO NEOs
($)
  2022  2,042,305  (2,303)    (680,462)  (1,583,852)  (224,312)
  2021  1,943,418  (1,780)    (819,028)  4,211,836  5,334,446
  2020  1,577,268  (9,062)    (516,399)  622,006  1,673,812
   
Non-PEO NEO Average Total Compensation Amount $ 2,042,305 1,943,418 1,577,268
Non-PEO NEO Average Compensation Actually Paid Amount $ (224,312) 5,334,446 1,673,812
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:

 

        Year  Year-End Fair
Value of Equity
Awards Granted
During Year
That Remained
Unvested as of
Last Day of Year
for PEO
($)
  Change in Fair
Value from Last
Day of Prior Year
to Last Day of
Year of Unvested
Equity Awards for
PEO
($)
  Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that Vested
During Year for
PEO
($)
  Change in Fair
Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that Vested
During Year for PEO
($)
  Fair Value at Last
Day of Prior Year
of Equity Awards
Forfeited During
Year for PEO
($)
  Value of
Dividends or
Other Earnings
Paid on Stock or
Option Awards
Not Otherwise
Included for PEO
($)
  Total -
Inclusion of
Equity Values
for PEO
($)
  2022  1,553,112  (12,132,510)    (1,338,973)    194,831  (11,729,540)
  2021  10,744,875  18,990,112    1,080,375    217,190  31,032,552
  2020  2,141,537  2,342,026    119,253    225,060  4,827,876

 

        Year  Average
Year-End Fair
Value of Equity
Awards Granted
During Year
That Remained
Unvested as
of Last Day
of Year for
Non-PEO NEOs
($)
  Average Change
in Fair Value
from Last Day of
Prior Year to Last
Day of Year of
Unvested Equity
Awards for
Non-PEO NEOs
($)
  Average Vesting-
Date Fair Value
of Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)
  Average Change in
Fair Value from Last
Day of Prior Year
to Vesting Date of
Unvested Equity
Awards that Vested
During Year for
Non-PEO NEOs
($)
  Average Fair
Value at Last
Day of Prior
Year of Equity
Awards Forfeited
During Year for
Non-PEO NEOs
($)
  Average Value
of Dividends or
Other Earnings
Paid on Stock or
Option Awards
Not Otherwise
Included for
Non-PEO NEOs
($)
  Total - Average
Inclusion
of Equity
Values for
Non-PEO NEOs
($)
  2022  241,204  (1,593,574)  35,226  (297,009)    30,301  (1,583,852)
  2021  1,436,593  2,590,079  55,090  158,681  (59,695)  31,087  4,211,836
  2020  293,181  273,091    27,434    28,300  622,006

(4) The Peer Group TSR set forth in this table utilizes the following published index: S&P 500 Building Products. TSR for both the Company and the peer group is based on an initial $100 investment, measured on a cumulative basis from the market close on December 31, 2019, through and including the end of the fiscal year for which TSR is being presented in the table.

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

The following tables illustrate the relationship between compensation actually paid (CAP) to the PEO and the other NEOs compared to Company Net Income, Adjusted EBITDA and Total Stockholder Return (TSR).

 

   
Total Shareholder Return Amount $ 209 272 128
Peer Group Total Shareholder Return Amount 125 180 138
Net Income (Loss) $ 1,083,000,000 $ 1,373,000,000 $ 497,000,000
Company Selected Measure Amount 1.389 1.877 0.757
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted EBITDA    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Economic Profit    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Company Operating Cash Flow    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Relative Total Stockholder Return    
PEO [Member] | Adj Type 1 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (4,318) $ (2,909) $ (4,833)
PEO [Member] | Adj Type 2 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount
PEO [Member] | Exclusion Of Stock Awards And Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (4,681,023) (5,841,211) (3,814,806)
PEO [Member] | Inclusion Of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (11,729,540) 31,032,552 4,827,876
PEO [Member] | Adjustment Type 1 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,553,112 10,744,875 2,141,537
PEO [Member] | Adjustment Type 2 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (12,132,510) 18,990,112 2,342,026
PEO [Member] | Adjustment Type 3 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount
PEO [Member] | Adjustment Type 4 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,338,973) 1,080,375 119,253
PEO [Member] | Adjustment Type 5 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount
PEO [Member] | Adjustment Type 6 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 194,831 217,190 225,060
PEO [Member] | Adjustment Type 7 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (11,729,540) 31,032,552 4,827,876
Non-PEO NEO [Member] | Adj Type 1 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,303) (1,780) (9,062)
Non-PEO NEO [Member] | Adj Type 2 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount
Non-PEO NEO [Member] | Exclusion Of Stock Awards And Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (680,462) (819,028) (516,399)
Non-PEO NEO [Member] | Inclusion Of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,583,852) 4,211,836 622,006
Non-PEO NEO [Member] | Adjustment Type 1 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 241,204 1,436,593 293,181
Non-PEO NEO [Member] | Adjustment Type 2 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,593,574) 2,590,079 273,091
Non-PEO NEO [Member] | Adjustment Type 3 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 35,226 55,090
Non-PEO NEO [Member] | Adjustment Type 4 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   158,681 27,434
Non-PEO NEO [Member] | Adjustment Type 5 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (59,695)
Non-PEO NEO [Member] | Adjustment Type 6 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 30,301 31,087 28,300
Non-PEO NEO [Member] | Adjustment Type 7 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,583,852) 4,211,836 622,006
Non Peo Neos [Member] | Adjustment Type 4 [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (297,009)    
P E O 1 [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 8,682,313 $ 9,158,272 $ 7,381,365