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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        
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company aligns executive compensation with the Company’s performance, refer to “Executive Compensation—Compensation Discussion and Analysis.”
The following table shows the past three fiscal years’ total compensation for our Named Executive Officers (NEOs) as set forth in the “Summary Compensation Table,” the compensation actually paid to our NEOs, the company’s total shareholder return (TSR), the combined TSR of our selected peer group, our Net Income, and our Base EBITDA.
​
(a)
​ ​
(b)
​ ​
(c)
​ ​
(d)
​ ​
(e)
​ ​
(f)
​ ​
(g)
​ ​
(h)
​ ​
(i)
​ ​
(j)
​ ​
(k)
​
​ ​ ​ ​
Summary
Compensation
Table Total for
First PEO(1)
​ ​
Summary
Compensation
Table Total for
Second PEO(2)
​ ​
Compensation
actually paid
to First
PEO(3)(4)
​ ​
Compensation
actually paid
to Second
PEO(2)(4)
​ ​
Average
Summary
Compensation
Table
Total for
Non-CEO
NEOs(3)
​ ​
Average
Compensation
actually paid
for Non-CEO
NEOs(3)
​ ​
Value of
initial Fixed
$100 Investment
based on:
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
Year
​ ​
TSR(5)
​ ​
Peer
Group
TSR(6)
​ ​
Net Income
(000s)
​ ​
Base
EBITDA(7)
(000s)
​
​ 2023 ​ ​ ​ $ 8,538,593 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 4,755,985 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ 2,178,332 ​ ​ ​ ​ $ 1,898,091 ​ ​ ​ ​ $ 103.03 ​ ​ ​ ​ $ 118.91 ​ ​ ​ ​ $ 474,959 ​ ​ ​ ​ $ 1,049,857 ​ ​
​ 2022 ​ ​ ​ ​ 9,794,049 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 16,284,414 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2,725,992 ​ ​ ​ ​ ​ 3,254,066 ​ ​ ​ ​ ​ 108.05 ​ ​ ​ ​ ​ 110.49 ​ ​ ​ ​ ​ 466,980 ​ ​ ​ ​ ​ 1,147,809 ​ ​
​ 2021 ​ ​ ​ ​ 6,618,454 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 9,843,147 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2,476,273 ​ ​ ​ ​ ​ 3,575,707 ​ ​ ​ ​ ​ 99.75 ​ ​ ​ ​ ​ 134.41 ​ ​ ​ ​ ​ (82,711) ​ ​ ​ ​ ​ 758,033 ​ ​
​ 2020 ​ ​ ​ ​ 6,815,923 ​ ​ ​ ​ $ 1,934,105 ​ ​ ​ ​ ​ 5,088,280 ​ ​ ​ ​ $ (2,271,154) ​ ​ ​ ​ ​ 2,530,532 ​ ​ ​ ​ ​ 1,557,308 ​ ​ ​ ​ ​ 99.24 ​ ​ ​ ​ ​ 121.14 ​ ​ ​ ​ ​ 207,241 ​ ​ ​ ​ ​ 789,735 ​ ​
(1)
The first PEO is Mr. Coker who was appointed as CEO effective February 1, 2020.
​
(2)
The second PEO is Mr. Tiede, who retired as the Company’s CEO effective February 1, 2020.
​
(3)
The Other NEO’s for each applicable year are:
​
​
(4)
The SEC rules require that certain adjustments be made to the Summary Compensation Table totals to determine compensation actually paid, as reported in the Pay versus Performance table above. The following table details the applicable adjustments that were made to determine compensation actually paid:
​
Year
​ ​
Executive
​ ​
Reported
Summary
Compensation
Table
Total
​ ​
Reported
Value of
Equity
Awards
​ ​
Reported
Change in
the Actuarial
Present
Value of
Pension
Benefits
​ ​
Pension
Benefit
Adjustments
​ ​
Year End
Fair Value
of Equity
Awards
Granted
that are
Unvested
in the
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
​ ​
Compensation
Actually
paid
​
2023
​ ​
First PEO
​ ​ ​ $ 8,538,593 ​ ​ ​ ​ $ (6,876,983) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ $ 3,929,477 ​ ​ ​ ​ $ (725,784) ​ ​ ​ ​ $ 76,924 ​ ​ ​ ​ $ (263,750) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ $ 77,508 ​ ​ ​ ​ $ 4,755,985 ​ ​
​
Avg NEO
​ ​ ​ ​ 2,178,332 ​ ​ ​ ​ ​ (1,350,697) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 763,944 ​ ​ ​ ​ ​ (82,854) ​ ​ ​ ​ ​ 17,671 ​ ​ ​ ​ ​ 368,713 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 2,982 ​ ​ ​ ​ ​ 1,898,091 ​ ​
2022
​ ​
First PEO
​ ​ ​ ​ 9,794,049 ​ ​ ​ ​ ​ (6,205,527) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 10,779,308 ​ ​ ​ ​ ​ 581,110 ​ ​ ​ ​ ​ 55,444 ​ ​ ​ ​ ​ 1,205,478 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 74,552 ​ ​ ​ ​ ​ 16,284,414 ​ ​
​
Avg NEO
​ ​ ​ ​ 2,725,992 ​ ​ ​ ​ ​ (1,256,896) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 1,845,762 ​ ​ ​ ​ ​ 144,056 ​ ​ ​ ​ ​ 18,035 ​ ​ ​ ​ ​ 484,261 ​ ​ ​ ​ $ (708,330) ​ ​ ​ ​ ​ 1,186 ​ ​ ​ ​ ​ 3,254,066 ​ ​
2021
​ ​
First PEO
​ ​ ​ ​ 6,618,454 ​ ​ ​ ​ ​ (4,038,338) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 6,190,509 ​ ​ ​ ​ ​ 996,078 ​ ​ ​ ​ ​ 38,276 ​ ​ ​ ​ ​ (22,559) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 60,727 ​ ​ ​ ​ ​ 9,843,147 ​ ​
​
Avg NEO
​ ​ ​ ​ 2,476,273 ​ ​ ​ ​ ​ (1,141,733) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 1,731,455 ​ ​ ​ ​ ​ 506,431 ​ ​ ​ ​ ​ 7,286 ​ ​ ​ ​ ​ (8,536) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 4,531 ​ ​ ​ ​ ​ 3,575,707 ​ ​
2020
​ ​
First PEO
​ ​ ​ ​ 6,815,923 ​ ​ ​ ​ ​ (4,020,436) ​ ​ ​ ​ $ (1,018,274) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 3,636,584 ​ ​ ​ ​ ​ (196,412) ​ ​ ​ ​ ​ 20,306 ​ ​ ​ ​ ​ (216,127) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 66,716 ​ ​ ​ ​ ​ 5,088,280 ​ ​
​
Second PEO
​ ​ ​ ​ 1,934,105 ​ ​ ​ ​ ​ (42,259) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (173,277) ​ ​ ​ ​ ​ 42,259 ​ ​ ​ ​ ​ (893,944) ​ ​ ​ ​ ​ (3,138,038) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (2,271,154) ​ ​
​
Avg NEO
​ ​ ​ ​ 2,530,532 ​ ​ ​ ​ ​ (963,934) ​ ​ ​ ​ ​ (506,939) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 734,433 ​ ​ ​ ​ ​ (116,406) ​ ​ ​ ​ ​ 5,077 ​ ​ ​ ​ ​ (126,593) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 1,138 ​ ​ ​ ​ ​ 1,557,308 ​ ​
(5)
The amounts reported in this column reflect the cumulative total stockholder return on our common stock for each of the last three fiscal years ended December 31, 2023, assume an investment of $100 on December 31, 2020, and the reinvestment of any dividends.
​
(6)
The peer group used in this disclosure, the Dow Jones Container and Packaging Index, is the same peer group used in the Stock Performance Graph in Part II, Item 5 of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023.
​
(7)
Base EBITDA is a non-GAAP financial measure which begins with Base operating profit, which excludes tax and interest and then adds back deductions for the cost of depreciation and amortization, adjusted for unbudgeted EBITDA related to acquisitions and divestitures in a given year. Base operating profit and Base EBITDA are non-GAAP financial measures. A reconciliation on how Base operating profit was calculated is provided in Appendix 1. As described in greater detail in “Executive Compensation—Compensation Discussion and Analysis,” Base EBITDA is one of the key metrics used to determine payout under the Company’s Performance-based Annual Cash Incentive program.
     
Company Selected Measure Name Base EBITDA      
Named Executive Officers, Footnote
(1)
     
Peer Group Issuers, Footnote
(6)
The peer group used in this disclosure, the Dow Jones Container and Packaging Index, is the same peer group used in the Stock Performance Graph in Part II, Item 5 of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023.
     
Adjustment To PEO Compensation, Footnote
(4)
The SEC rules require that certain adjustments be made to the Summary Compensation Table totals to determine compensation actually paid, as reported in the Pay versus Performance table above. The following table details the applicable adjustments that were made to determine compensation actually paid:
​
Year
​ ​
Executive
​ ​
Reported
Summary
Compensation
Table
Total
​ ​
Reported
Value of
Equity
Awards
​ ​
Reported
Change in
the Actuarial
Present
Value of
Pension
Benefits
​ ​
Pension
Benefit
Adjustments
​ ​
Year End
Fair Value
of Equity
Awards
Granted
that are
Unvested
in the
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
​ ​
Compensation
Actually
paid
​
2023
​ ​
First PEO
​ ​ ​ $ 8,538,593 ​ ​ ​ ​ $ (6,876,983) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ $ 3,929,477 ​ ​ ​ ​ $ (725,784) ​ ​ ​ ​ $ 76,924 ​ ​ ​ ​ $ (263,750) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ $ 77,508 ​ ​ ​ ​ $ 4,755,985 ​ ​
​
Avg NEO
​ ​ ​ ​ 2,178,332 ​ ​ ​ ​ ​ (1,350,697) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 763,944 ​ ​ ​ ​ ​ (82,854) ​ ​ ​ ​ ​ 17,671 ​ ​ ​ ​ ​ 368,713 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 2,982 ​ ​ ​ ​ ​ 1,898,091 ​ ​
2022
​ ​
First PEO
​ ​ ​ ​ 9,794,049 ​ ​ ​ ​ ​ (6,205,527) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 10,779,308 ​ ​ ​ ​ ​ 581,110 ​ ​ ​ ​ ​ 55,444 ​ ​ ​ ​ ​ 1,205,478 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 74,552 ​ ​ ​ ​ ​ 16,284,414 ​ ​
​
Avg NEO
​ ​ ​ ​ 2,725,992 ​ ​ ​ ​ ​ (1,256,896) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 1,845,762 ​ ​ ​ ​ ​ 144,056 ​ ​ ​ ​ ​ 18,035 ​ ​ ​ ​ ​ 484,261 ​ ​ ​ ​ $ (708,330) ​ ​ ​ ​ ​ 1,186 ​ ​ ​ ​ ​ 3,254,066 ​ ​
2021
​ ​
First PEO
​ ​ ​ ​ 6,618,454 ​ ​ ​ ​ ​ (4,038,338) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 6,190,509 ​ ​ ​ ​ ​ 996,078 ​ ​ ​ ​ ​ 38,276 ​ ​ ​ ​ ​ (22,559) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 60,727 ​ ​ ​ ​ ​ 9,843,147 ​ ​
​
Avg NEO
​ ​ ​ ​ 2,476,273 ​ ​ ​ ​ ​ (1,141,733) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 1,731,455 ​ ​ ​ ​ ​ 506,431 ​ ​ ​ ​ ​ 7,286 ​ ​ ​ ​ ​ (8,536) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 4,531 ​ ​ ​ ​ ​ 3,575,707 ​ ​
2020
​ ​
First PEO
​ ​ ​ ​ 6,815,923 ​ ​ ​ ​ ​ (4,020,436) ​ ​ ​ ​ $ (1,018,274) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 3,636,584 ​ ​ ​ ​ ​ (196,412) ​ ​ ​ ​ ​ 20,306 ​ ​ ​ ​ ​ (216,127) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 66,716 ​ ​ ​ ​ ​ 5,088,280 ​ ​
​
Second PEO
​ ​ ​ ​ 1,934,105 ​ ​ ​ ​ ​ (42,259) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (173,277) ​ ​ ​ ​ ​ 42,259 ​ ​ ​ ​ ​ (893,944) ​ ​ ​ ​ ​ (3,138,038) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (2,271,154) ​ ​
​
Avg NEO
​ ​ ​ ​ 2,530,532 ​ ​ ​ ​ ​ (963,934) ​ ​ ​ ​ ​ (506,939) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 734,433 ​ ​ ​ ​ ​ (116,406) ​ ​ ​ ​ ​ 5,077 ​ ​ ​ ​ ​ (126,593) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 1,138 ​ ​ ​ ​ ​ 1,557,308 ​ ​
     
Non-PEO NEO Average Total Compensation Amount $ 2,178,332 $ 2,725,992 $ 2,476,273 $ 2,530,532
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,898,091 3,254,066 3,575,707 1,557,308
Adjustment to Non-PEO NEO Compensation Footnote
(4)
The SEC rules require that certain adjustments be made to the Summary Compensation Table totals to determine compensation actually paid, as reported in the Pay versus Performance table above. The following table details the applicable adjustments that were made to determine compensation actually paid:
​
Year
​ ​
Executive
​ ​
Reported
Summary
Compensation
Table
Total
​ ​
Reported
Value of
Equity
Awards
​ ​
Reported
Change in
the Actuarial
Present
Value of
Pension
Benefits
​ ​
Pension
Benefit
Adjustments
​ ​
Year End
Fair Value
of Equity
Awards
Granted
that are
Unvested
in the
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
​ ​
Compensation
Actually
paid
​
2023
​ ​
First PEO
​ ​ ​ $ 8,538,593 ​ ​ ​ ​ $ (6,876,983) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ $ 3,929,477 ​ ​ ​ ​ $ (725,784) ​ ​ ​ ​ $ 76,924 ​ ​ ​ ​ $ (263,750) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ $ 77,508 ​ ​ ​ ​ $ 4,755,985 ​ ​
​
Avg NEO
​ ​ ​ ​ 2,178,332 ​ ​ ​ ​ ​ (1,350,697) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 763,944 ​ ​ ​ ​ ​ (82,854) ​ ​ ​ ​ ​ 17,671 ​ ​ ​ ​ ​ 368,713 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 2,982 ​ ​ ​ ​ ​ 1,898,091 ​ ​
2022
​ ​
First PEO
​ ​ ​ ​ 9,794,049 ​ ​ ​ ​ ​ (6,205,527) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 10,779,308 ​ ​ ​ ​ ​ 581,110 ​ ​ ​ ​ ​ 55,444 ​ ​ ​ ​ ​ 1,205,478 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 74,552 ​ ​ ​ ​ ​ 16,284,414 ​ ​
​
Avg NEO
​ ​ ​ ​ 2,725,992 ​ ​ ​ ​ ​ (1,256,896) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 1,845,762 ​ ​ ​ ​ ​ 144,056 ​ ​ ​ ​ ​ 18,035 ​ ​ ​ ​ ​ 484,261 ​ ​ ​ ​ $ (708,330) ​ ​ ​ ​ ​ 1,186 ​ ​ ​ ​ ​ 3,254,066 ​ ​
2021
​ ​
First PEO
​ ​ ​ ​ 6,618,454 ​ ​ ​ ​ ​ (4,038,338) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 6,190,509 ​ ​ ​ ​ ​ 996,078 ​ ​ ​ ​ ​ 38,276 ​ ​ ​ ​ ​ (22,559) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 60,727 ​ ​ ​ ​ ​ 9,843,147 ​ ​
​
Avg NEO
​ ​ ​ ​ 2,476,273 ​ ​ ​ ​ ​ (1,141,733) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 1,731,455 ​ ​ ​ ​ ​ 506,431 ​ ​ ​ ​ ​ 7,286 ​ ​ ​ ​ ​ (8,536) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 4,531 ​ ​ ​ ​ ​ 3,575,707 ​ ​
2020
​ ​
First PEO
​ ​ ​ ​ 6,815,923 ​ ​ ​ ​ ​ (4,020,436) ​ ​ ​ ​ $ (1,018,274) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 3,636,584 ​ ​ ​ ​ ​ (196,412) ​ ​ ​ ​ ​ 20,306 ​ ​ ​ ​ ​ (216,127) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 66,716 ​ ​ ​ ​ ​ 5,088,280 ​ ​
​
Second PEO
​ ​ ​ ​ 1,934,105 ​ ​ ​ ​ ​ (42,259) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (173,277) ​ ​ ​ ​ ​ 42,259 ​ ​ ​ ​ ​ (893,944) ​ ​ ​ ​ ​ (3,138,038) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ (2,271,154) ​ ​
​
Avg NEO
​ ​ ​ ​ 2,530,532 ​ ​ ​ ​ ​ (963,934) ​ ​ ​ ​ ​ (506,939) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 734,433 ​ ​ ​ ​ ​ (116,406) ​ ​ ​ ​ ​ 5,077 ​ ​ ​ ​ ​ (126,593) ​ ​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 1,138 ​ ​ ​ ​ ​ 1,557,308 ​ ​
     
Compensation Actually Paid vs. Total Shareholder Return COMPENSATION ACTUAL PAID VS. COMPANY TSR[MISSING IMAGE: bc_actual-pn.jpg]      
Compensation Actually Paid vs. Net Income COMPENSATION PAID VS. NET INCOME[MISSING IMAGE: bc_netincome-pn.jpg]      
Compensation Actually Paid vs. Company Selected Measure
[MISSING IMAGE: bc_ebitda-pn.jpg]
     
Total Shareholder Return Vs Peer Group COMPANY TSR VERSUS PEER GROUP[MISSING IMAGE: lc_tsr-pn.jpg]      
Tabular List, Table
Financial Performance Measures
As described in greater detail in “Executive Compensation—Compensation Discussion and Analysis,” the Company’s executive compensation program reflects a variable pay-for-performance philosophy. The metrics that the Company uses for both the long-term and short-term incentive awards are selected based on an objective of incentivizing the NEOs to increase shareholder value. The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to the Company’s performance are as follows:
•
Base EBITDA;
​
Base EPS;
​
Return on Invested Capital (ROIC); and
​
Operating Cash Flow.
     
Total Shareholder Return Amount $ 103.03 108.05 99.75 99.24
Peer Group Total Shareholder Return Amount 118.91 110.49 134.41 121.14
Net Income (Loss) $ 474,959,000 $ 466,980,000 $ (82,711,000) $ 207,241,000
Company Selected Measure Amount 1,049,857,000 1,147,809,000 758,033,000 789,735,000
PEO Name Mr. Coker      
Additional 402(v) Disclosure
CEO: SUMMARY COMPENSATION TABLE VS. COMPENSATION ACTUALLY PAID
[MISSING IMAGE: bc_ceo-pn.jpg]
AVERAGE NON-CEO NEOs: SUMMARY COMPENSATION TABLE VS. COMPENSATION ACTUALLY PAID
[MISSING IMAGE: bc_avgnonceoneo-pn.jpg]
     
Measure:: 1        
Pay vs Performance Disclosure        
Name Base EBITDA      
Non-GAAP Measure Description
(7)
Base EBITDA is a non-GAAP financial measure which begins with Base operating profit, which excludes tax and interest and then adds back deductions for the cost of depreciation and amortization, adjusted for unbudgeted EBITDA related to acquisitions and divestitures in a given year. Base operating profit and Base EBITDA are non-GAAP financial measures. A reconciliation on how Base operating profit was calculated is provided in Appendix 1. As described in greater detail in “Executive Compensation—Compensation Discussion and Analysis,” Base EBITDA is one of the key metrics used to determine payout under the Company’s Performance-based Annual Cash Incentive program.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name Base EPS      
Measure:: 3        
Pay vs Performance Disclosure        
Name Return on Invested Capital (ROIC)      
Measure:: 4        
Pay vs Performance Disclosure        
Name Operating Cash Flow      
Mr. Coker [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 8,538,593 $ 9,794,049 $ 6,618,454 $ 6,815,923
PEO Actually Paid Compensation Amount 4,755,985 16,284,414 9,843,147 5,088,280
Mr. Tiede [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount       1,934,105
PEO Actually Paid Compensation Amount       (2,271,154)
PEO | Mr. Coker [Member] | Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (6,876,983) (6,205,527) (4,038,338) (4,020,436)
PEO | Mr. Coker [Member] | Pension Adjustments Pension Value In Summary Compensation Table [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 (1,018,274)
PEO | Mr. Coker [Member] | Total Pension Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Mr. Coker [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,929,477 10,779,308 6,190,509 3,636,584
PEO | Mr. Coker [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (725,784) 581,110 996,078 (196,412)
PEO | Mr. Coker [Member] | Change In Fair Value As Of Vesting Date Of Current Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 76,924 55,444 38,276 20,306
PEO | Mr. Coker [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (263,750) 1,205,478 (22,559) (216,127)
PEO | Mr. Coker [Member] | Adjustments For Equity Awards Failed To Meet Performance Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Mr. Coker [Member] | Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Reflected In Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 77,508 74,552 60,727 66,716
PEO | Mr. Tiede [Member] | Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       (42,259)
PEO | Mr. Tiede [Member] | Pension Adjustments Pension Value In Summary Compensation Table [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       0
PEO | Mr. Tiede [Member] | Total Pension Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       0
PEO | Mr. Tiede [Member] | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       (173,277)
PEO | Mr. Tiede [Member] | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       42,259
PEO | Mr. Tiede [Member] | Change In Fair Value As Of Vesting Date Of Current Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       (893,944)
PEO | Mr. Tiede [Member] | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       (3,138,038)
PEO | Mr. Tiede [Member] | Adjustments For Equity Awards Failed To Meet Performance Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       0
PEO | Mr. Tiede [Member] | Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Reflected In Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount       0
Non-PEO NEO | Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,350,697) (1,256,896) (1,141,733) (963,934)
Non-PEO NEO | Pension Adjustments Pension Value In Summary Compensation Table [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 (506,939)
Non-PEO NEO | Total Pension Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 763,944 1,845,762 1,731,455 734,433
Non-PEO NEO | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (82,854) 144,056 506,431 (116,406)
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Current Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 17,671 18,035 7,286 5,077
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 368,713 484,261 (8,536) (126,593)
Non-PEO NEO | Adjustments For Equity Awards Failed To Meet Performance Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 (708,330) 0 0
Non-PEO NEO | Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Reflected In Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 2,982 $ 1,186 $ 4,531 $ 1,138