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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
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)  
 
2024
     
 
1,954,761
 
     
 
2,259,586
    
 
941,974
    
 
1,014,820
    
 
112.01
    
 
169.14
         
 
40,115
    
 
91,443  
2023
     
 
1,707,848
 
     
 
2,109,366
    
 
894,343
    
 
1,029,150
    
 
102.92
    
 
152.18
         
 
34,951
    
 
87,041  
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, 2023 and 2024. For 2020 and 2021,
Non-PEO
NEOs include Scott A. King, James C. Kerr and Brigette A. Burnell. For 2022, 2023 and 2024,
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, 2024 in the Company’s common shares and the Peer Group, S&P Industrial Machinery index.
(4)
2022, 2023 and 2024 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 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
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
2024
       1,954,761       28,616       269,916       6,467       -       (173 )       2,259,586  
2023
       1,707,848       120,887       276,954       44,399       -       (40,722 )       2,109,366  
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  
 
 
       
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 ($)  
 
NEO Average
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
2024
       941,974       8,191       108,045       1,156       -       (44,546 )       1,014,820  
2023
       894,343       42,301       102,519       31,857       -       (41,870 )       1,029,150  
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  
 
    
12/31/24
 
     
12/31/23
 
     
12/31/22
 
     
12/31/21
 
     
12/31/20
 
  
Closing Share Price
    $ 37.92      $ 35.53      $ 25.62      $ 44.55      $ 32.45  
        
Company Selected Measure Name Operating   Income        
Named Executive Officers, Footnote For 2020 and 2021,
Non-PEO
NEOs include Scott A. King, James C. Kerr and Brigette A. Burnell. For 2022, 2023 and 2024,
Non-PEO
NEOs include Jeffrey S. Gorman, James C. Kerr and Brigette A. Burnell. 		       
Peer Group Issuers, Footnote Represents cumulative shareholder total returns (assuming reinvestment of dividends) on $100 invested on December 31, 2019 through December 31, 2024 in the Company’s common shares and the Peer Group, S&P Industrial Machinery index.        
PEO Total Compensation Amount $ 1,954,761 $ 1,707,848 $ 1,712,818 $ 1,078,110 $ 1,170,814
PEO Actually Paid Compensation Amount $ 2,259,586 2,109,366 1,231,468 920,864 655,926
Adjustment To PEO Compensation, Footnote
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
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
2024
       1,954,761       28,616       269,916       6,467       -       (173 )       2,259,586  
2023
       1,707,848       120,887       276,954       44,399       -       (40,722 )       2,109,366  
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  
       
Non-PEO NEO Average Total Compensation Amount $ 941,974 894,343 781,145 835,208 612,641
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,014,820 1,029,150 450,930 823,730 437,188
Adjustment to Non-PEO NEO Compensation Footnote
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 ($)  
 
NEO Average
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
    
 
 
 
2024
       941,974       8,191       108,045       1,156       -       (44,546 )       1,014,820  
2023
       894,343       42,301       102,519       31,857       -       (41,870 )       1,029,150  
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 LOGO        
Compensation Actually Paid vs. Net Income LOGO        
Compensation Actually Paid vs. Company Selected Measure LOGO        
Total Shareholder Return Vs Peer Group LOGO        
Tabular List, Table
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 2024 to Company performance:
 
1.
Operating income
 
2.
Adjusted operating income
 
3.
Average operating working capital to sales
       
Total Shareholder Return Amount $ 112.01 102.92 72.41 123.11 88.13
Peer Group Total Shareholder Return Amount 169.14 152.18 120.71 141.86 115.38
Net Income (Loss) $ 40,115,000 $ 34,951,000 $ 11,195,000 $ 29,851,000 $ 25,188,000
Company Selected Measure Amount 91,443,000 87,041,000 40,183,000 39,356,000 35,753,000
PEO Name Scott A. King Scott A. King Scott A. King Jeffrey S. Gorman Jeffrey S. Gorman
Closing Share Price $ 37.92 $ 35.53 $ 25.62 $ 44.55 $ 32.45
Measure:: 1          
Pay vs Performance Disclosure          
Name Operating income        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted operating income        
Measure:: 3          
Pay vs Performance Disclosure          
Name Average operating working capital to sales        
PEO | Current Year Grants [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 28,616 120,887 (242,563) 82,833 (4,878)
PEO | Prior Year Grants [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 269,916 276,954 (126,506) 72,757 (32,264)
PEO | Grants Vesting in Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,467 44,399 0 766 (14,313)
PEO | Grants from Prior Years Forfeited in Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 (148,648) (188,535) (199,313)
PEO | Change in Pension Value, net of Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (173) (40,722) 36,367 (157,246) (257,121)
Non-PEO NEO | Current Year Grants [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 8,191 42,301 (59,617) 63,501 (3,274)
Non-PEO NEO | Prior Year Grants [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 108,045 102,519 (121,939) 48,497 (25,346)
Non-PEO NEO | Grants Vesting in Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,156 31,857 0 447 (6,368)
Non-PEO NEO | Grants from Prior Years Forfeited in Current Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 (148,659) (125,679) (116,275)
Non-PEO NEO | Change in Pension Value, net of Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (44,546) $ (41,870) $ 0 $ 1,757 $ (24,191)