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Pay vs Performance Disclosure
Unit_pure in Thousands
 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 following table summarizes compensation paid to the Company’s
principal
executive officer (“PEO”) as set forth in the Summary Compensation Table, compensation actually paid to the PEO, average compensation paid to the Company’s
Non-PEO
named executive officers (“NEOs”) as set forth in the Summary Compensation Table, and average compensation actually paid to the Company’s
Non-PEO
NEOs, each as calculated in accordance with SEC rules, and certain Company and peer group performance measures for the periods indicated:
 
                              
Value of Initial Fixed $100
Investment Based on (3):
 
            
000’s
 
  
                   
Year
 
   
Summary
Compensation
Table Total
for PEO
($) (1)
 
   
Compensation
Actually Paid
to PEO
($) (2)
 
     
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs ($) (1)
 
     
Average
Compensation
Actually Paid
to Non-PEO
NEOs
($) (2)
 
     
Total
Shareholder
Return ($)
 
     
Peer Group
Total
Shareholder
Return ($)
 
            
Net
Income
($) (4)
 
     
Operating
Income
($) (4)
 
  
2022
    1,712,818      1,231,468        781,145        450,930        72.41        120.71                 11,195        40,183  
2021
    1,078,110      920,864        835,208        823,730        123.11        141.86                 29,851        39,356  
2020
    1,170,814      655,926        612,641        437,188        88.13        115.38     
 
 
 
      25,188        35,753  
 
(1)
For 2020 and 2021, the PEO was Jeffrey S. Gorman.    Scott A. King was promoted to Chief Executive Officer on January 1, 2022 and was the PEO for 2022. For 2020 and 2021,
Non-PEO
NEOs include Scott A. King, James C. Kerr and Brigette A. Burnell. For 2022,
Non-PEO
NEOs include Jeffrey S. Gorman, James C. Kerr and Brigette A. Burnell.
(2)
The “Reconciliation of Actual Compensation Paid” table below details the additions to and deductions from the Summary Compensation Table totals to calculate the Compensation Actually Paid amounts.
(3)
Represents cumulative shareholder total returns (assuming reinvestment of dividends) on $100 invested on December 31, 2019 through December 31, 2022 in the Company’s common shares and the Peer Group, S&P Industrial Machinery index.
(4)
2022 results include the acquisition of Fill-Rite, a division of Tuthill, which was acquired on May 31, 2022. As further described in the Company’s Form
10-K,
Fill-Rite’s results are included in the Company’s 2022 results beginning June 1, 2022. Certain
one-time
acquisition costs, as well as amortization of the set up in value of acquired inventories and backlog, are also included in the 2022 results.
Reconciliation of Actual Compensation Paid
The following table reconciles the PEO Summary Compensation Table total and the
Non-PEO
NEOs average Summary Compensation Table total to PEO Compensation Actually Paid and NEOs average Compensation Actually Paid for the periods indicated:
 
         
Increase (Decrease) in Value of
 
                    
               
   
Total
Compensation
Paid from
Summary
Compensation
Table ($)
 
    
Current Year
Grants ($)
 
    
Prior Year
Grants ($)
 
    
Grants
Vesting in
Current Year
($)
 
    
Grants from
Prior Years
Forfeited in
Current Year ($)
 
    
Change in
Pension Value,
net of Service
Cost ($)
 
    
Compensation
Actually Paid ($)
 
  
PEO
                                                        
2022
     1,712,818       (242,563 )      (126,506 )      -       (148,648 )      36,367       1,231,468  
2021
     1,078,110       82,833       72,757       766       (188,535 )      (157,246 )      920,864  
2020
     1,170,814       (4,878 )      (32,264 )      (14,313 )      (199,313 )      (257,121 )      655,926  
NEO Average
                                                        
2022
     781,145       (59,617 )      (121,939 )      -       (148,659 )      -       450,930  
2021
     835,208       63,501       48,497       447       (125,679 )      1,757       823,730  
2020
     612,641       (3,274 )      (25,346 )      (6,368 )      (116,275 )      (24,191 )      437,188  
 
    
12/31/22
 
     
12/31/21
 
     
12/31/20
 
  
Closing Share Price
    $ 25.62      $ 44.55      $ 32.45  
   
Company Selected Measure Name Operating income    
Named Executive Officers, Footnote [Text Block] For 2020 and 2021,
Non-PEO
NEOs include Scott A. King, James C. Kerr and Brigette A. Burnell. For 2022,
Non-PEO
NEOs include Jeffrey S. Gorman, James C. Kerr and Brigette A. Burnell. 		   
Peer Group Issuers, Footnote [Text Block] Represents cumulative shareholder total returns (assuming reinvestment of dividends) on $100 invested on December 31, 2019 through December 31, 2022 in the Company’s common shares and the Peer Group, S&P Industrial Machinery index.    
PEO Total Compensation Amount $ 1,712,818 $ 1,078,110 $ 1,170,814
PEO Actually Paid Compensation Amount $ 1,231,468 920,864 655,926
Adjustment To PEO Compensation, Footnote [Text Block]
Reconciliation of Actual Compensation Paid
The following table reconciles the PEO Summary Compensation Table total and the
Non-PEO
NEOs average Summary Compensation Table total to PEO Compensation Actually Paid and NEOs average Compensation Actually Paid for the periods indicated:
 
         
Increase (Decrease) in Value of
 
                    
               
   
Total
Compensation
Paid from
Summary
Compensation
Table ($)
 
    
Current Year
Grants ($)
 
    
Prior Year
Grants ($)
 
    
Grants
Vesting in
Current Year
($)
 
    
Grants from
Prior Years
Forfeited in
Current Year ($)
 
    
Change in
Pension Value,
net of Service
Cost ($)
 
    
Compensation
Actually Paid ($)
 
  
PEO
                                                        
2022
     1,712,818       (242,563 )      (126,506 )      -       (148,648 )      36,367       1,231,468  
2021
     1,078,110       82,833       72,757       766       (188,535 )      (157,246 )      920,864  
2020
     1,170,814       (4,878 )      (32,264 )      (14,313 )      (199,313 )      (257,121 )      655,926  
NEO Average
                                                        
2022
     781,145       (59,617 )      (121,939 )      -       (148,659 )      -       450,930  
2021
     835,208       63,501       48,497       447       (125,679 )      1,757       823,730  
2020
     612,641       (3,274 )      (25,346 )      (6,368 )      (116,275 )      (24,191 )      437,188  
   
Non-PEO NEO Average Total Compensation Amount $ 781,145 835,208 612,641
Non-PEO NEO Average Compensation Actually Paid Amount $ 450,930 823,730 437,188
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Reconciliation of Actual Compensation Paid
The following table reconciles the PEO Summary Compensation Table total and the
Non-PEO
NEOs average Summary Compensation Table total to PEO Compensation Actually Paid and NEOs average Compensation Actually Paid for the periods indicated:
 
         
Increase (Decrease) in Value of
 
                    
               
   
Total
Compensation
Paid from
Summary
Compensation
Table ($)
 
    
Current Year
Grants ($)
 
    
Prior Year
Grants ($)
 
    
Grants
Vesting in
Current Year
($)
 
    
Grants from
Prior Years
Forfeited in
Current Year ($)
 
    
Change in
Pension Value,
net of Service
Cost ($)
 
    
Compensation
Actually Paid ($)
 
  
PEO
                                                        
2022
     1,712,818       (242,563 )      (126,506 )      -       (148,648 )      36,367       1,231,468  
2021
     1,078,110       82,833       72,757       766       (188,535 )      (157,246 )      920,864  
2020
     1,170,814       (4,878 )      (32,264 )      (14,313 )      (199,313 )      (257,121 )      655,926  
NEO Average
                                                        
2022
     781,145       (59,617 )      (121,939 )      -       (148,659 )      -       450,930  
2021
     835,208       63,501       48,497       447       (125,679 )      1,757       823,730  
2020
     612,641       (3,274 )      (25,346 )      (6,368 )      (116,275 )      (24,191 )      437,188  
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block] LOGO    
Compensation Actually Paid vs. Net Income [Text Block] LOGO    
Compensation Actually Paid vs. Company Selected Measure [Text Block] LOGO    
Total Shareholder Return Vs Peer Group [Text Block] LOGO    
Tabular List [Table Text Block]
The three items listed below are, in the Company’s assessment, the most important financial performance measures used by the Company to link Compensation Actually Paid for 2022 to Company performance:
 
1.
Operating income
 
2.
Adjusted operating income
 
3.
Adjusted shareholders’ equity
   
Total Shareholder Return Amount $ 72.41 123.11 88.13
Peer Group Total Shareholder Return Amount 120.71 141.86 115.38
Net Income (Loss) $ 11,195,000 $ 29,851,000 $ 25,188,000
Company Selected Measure Amount 40,183 39,356 35,753
PEO Name Scott A. King Jeffrey S. Gorman Jeffrey S. Gorman
Closing Share Price $ 25.62 $ 44.55 $ 32.45
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Operating income    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted operating income    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted shareholders’ equity    
PEO [Member] | Current Year Grants [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (242,563) 82,833 (4,878)
PEO [Member] | Prior Year Grants [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (126,506) 72,757 (32,264)
PEO [Member] | Grants Vesting in Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 766 (14,313)
PEO [Member] | Grants from Prior Years Forfeited in Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (148,648) (188,535) (199,313)
PEO [Member] | Change in Pension Value, net of Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 36,367 (157,246) (257,121)
Non-PEO NEO [Member] | Current Year Grants [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (59,617) 63,501 (3,274)
Non-PEO NEO [Member] | Prior Year Grants [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (121,939) 48,497 (25,346)
Non-PEO NEO [Member] | Grants Vesting in Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 447 (6,368)
Non-PEO NEO [Member] | Grants from Prior Years Forfeited in Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (148,659) (125,679) (116,275)
Non-PEO NEO [Member] | Change in Pension Value, net of Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ 1,757 $ (24,191)