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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Value of Initial Fixed $100
Investment Based On:
Year
Summary
Compensation
Table Total
for PEO (1)
Compensation
Actually Paid
to
PEO (2)
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs (3)
Average
Compensation
Actually Paid
to
Non-PEO
NEOs (2)
Total
Shareholder
Return (4)
Peer Group
Total
Shareholder
Return (4)
Net Income
(in thousands)
Return on
Shareholders'
Equity (5)
2024
4,661,904
3,029,010
1,871,925
1,554,094
$222.39
$163.12
37,111
12.3%
2023
4,891,381
7,584,765
1,595,453
2,268,815
$231.46
$154.37
63,332
20.8%
2022
4,587,518
6,311,917
1,311,075
1,662,554
$143.07
$126.27
54,395
21.0%
2021
4,760,218
4,371,177
1,278,358
1,206,905
$110.12
$143.94
35,729
16.9%
2020
5,155,604
5,382,937
1,003,522
975,760
$115.12
$131.59
29,803
14.6%
        
Company Selected Measure Name Return on shareholders’ equity        
Named Executive Officers, Footnote (1)Robert Ruhlman was the PEO for all five years (2020-2024). The non-PEO NEOs are comprised of: 2024 and 2023 – Dennis F. McKenna, Andrew S. Klaus, J. Ryan Ruhlman, and
John M. Hofstetter; 2022 and 2021 – Andrew S. Klaus, Dennis F. McKenna, J. Ryan Ruhlman, and William H. Haag III;
2020 - David Sunkle, Dennis F. McKenna, William H. Haag III, Michael Weisbarth and Andrew S. Klaus.
        
Peer Group Issuers, Footnote (4)These columns assume a $100 investment was made in our common shares and in the stock of our Peer Group
(defined herein) on the last day of our fiscal year before the earliest reported period and all dividends were
reinvested. The “Peer Group” is made up of the companies in the Hemscott Industry Group 627 (Industrial Electrical
Equipment), which is the peer group used for the Performance Graph in our Annual Report on Form 10-K for the fiscal
year ended December 31, 2024. 		       
PEO Total Compensation Amount $ 4,661,904 $ 4,891,381 $ 4,587,518 $ 4,760,218 $ 5,155,604
PEO Actually Paid Compensation Amount $ 3,029,010 7,584,765 6,311,917 4,371,177 5,382,937
Adjustment To PEO Compensation, Footnote (2)The dollar amounts shown in these columns reflect “compensation actually paid” calculated in accordance with
SEC rules. The charts below detail the additions and deductions to the CAP calculation. The dollar amounts do not
reflect the actual amount of compensation earned by or paid to the PEO or other NEOs during the applicable years.
PEO – Adjustments for CAP
PEO Summary Compensation Table to CAP
Adjustments
2024
2023
2022
2021
2020
Deduction for Amounts Reported under the
“Stock Awards” Column of the SCT
(1,970,878)
(2,046,877)
(1,889,622)
(1,920,858)
(2,433,539)
Addition of Fair Value of Awards Granted
During Year that Remain Unvested as of
Year-End (1)
1,526,324
1,544,611
2,660,782
1,729,949
2,254,961
Addition/Deduction of Change in Fair
Value from Prior Year-End to Current Year-
End of Awards Granted Prior to Year that
were Outstanding and Unvested as of
Year-End (1)
(1,001,174)
2,967,650
1,109,563
(238,088)
495,213
Addition/Deduction of Change in Fair
Value from Prior Year-End to Vesting Date
of Awards Granted Prior to Year that
Vested During Year (1)
(187,166)
228,000
(156,324)
39,956
(89,302)
Total Adjustments
(1,632,894)
2,693,384
1,724,399
(389,041)
227,333
The fair value of equity component of the CAP calculation was determined in accordance with Item 402(v) of Regulation S-K 		       
Non-PEO NEO Average Total Compensation Amount $ 1,871,925 1,595,453 1,311,075 1,278,358 1,003,522
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,554,094 2,268,815 1,662,554 1,206,905 975,760
Adjustment to Non-PEO NEO Compensation Footnote The dollar amounts shown in these columns reflect “compensation actually paid” calculated in accordance with
SEC rules. The charts below detail the additions and deductions to the CAP calculation. The dollar amounts do not
reflect the actual amount of compensation earned by or paid to the PEO or other NEOs during the applicable years.
Average Non-PEO NEOs – Adjustments for CAP
Non-PEO NEOs Summary Compensation
Table to CAP Adjustments
2024
2023
2022
2021
2020
Deduction for Amounts Reported under the
“Stock Awards” Column of the SCT
(676,176)
(602,998)
(408,213)
(394,581)
(302,531)
Addition of Fair Value of Awards Granted
During Year that Remain Unvested as of
Year-End (1)
555,982
458,337
574,805
355,365
338,106
Addition/Deduction of Change in Fair
Value from Prior Year-End to Current Year-
End of Awards Granted Prior to Year that
were Outstanding and Unvested as of
Year-End (1)
(158,297)
533,804
185,535
(33,695)
54,133
Addition/Deduction of Change in Fair
Value from Prior Year-End to Vesting Date
of Awards Granted Prior to Year that
Vested During Year (1)
(39,340)
136,667
(648)
1,458
(2,725)
Addition of Fair Value of Awards Granted
and Vested During Year (1)
—
147,552
—
—
—
Deduction of Fair Value as of Prior Year-End
for Prior Year Awards Forfeited During the
Year (1)
—
—
—
—
(114,745)
Total Adjustments
(317,831)
673,362
351,479
(71,453)
(27,762)
(1)The fair value of equity component of the CAP calculation was determined in accordance with Item 402(v) of Regulation S-K.
        
Compensation Actually Paid vs. Total Shareholder Return
3404
        
Compensation Actually Paid vs. Net Income
4947802328453
        
Compensation Actually Paid vs. Company Selected Measure
4947802328460
        
Total Shareholder Return Vs Peer Group
3404
        
Tabular List, Table The Company views the following financial performance measures as the most important to link Compensation Actually
Paid to the PEO and NEOs for fiscal 2024 to Company performance:
•Sales
•Pre-tax income
•Return on shareholders’ equity
        
Total Shareholder Return Amount $ 222.39 231.46 143.07 110.12 115.12
Peer Group Total Shareholder Return Amount 163.12 154.37 126.27 143.94 131.59
Net Income (Loss) $ 37,111,000 $ 63,332,000 $ 54,395,000 $ 35,729,000 $ 29,803,000
Company Selected Measure Amount 0.123 0.208 0.210 0.169 0.146
PEO Name Robert Ruhlman        
Measure:: 1          
Pay vs Performance Disclosure          
Name Sales        
Measure:: 2          
Pay vs Performance Disclosure          
Name Pre-tax income        
Measure:: 3          
Pay vs Performance Disclosure          
Name Return on shareholders’ equity        
Non-GAAP Measure Description (5)Return on shareholders’ equity is the financial performance measure, which, in the Company’s assessment,
represents for 2024 the most important performance measure used to link CAP to our PEOs and non-PEO NEOs to the
Company’s performance.
        
PEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (1,632,894) $ 2,693,384 $ 1,724,399 $ (389,041) $ 227,333
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,970,878) (2,046,877) (1,889,622) (1,920,858) (2,433,539)
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 1,526,324 1,544,611 2,660,782 1,729,949 2,254,961
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 (1,001,174) 2,967,650 1,109,563 (238,088) 495,213
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 (187,166) 228,000 (156,324) 39,956 (89,302)
Non-PEO NEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (317,831) 673,362 351,479 (71,453) (27,762)
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 (676,176) (602,998) (408,213) (394,581) (302,531)
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 555,982 458,337 574,805 355,365 338,106
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 (158,297) 533,804 185,535 (33,695) 54,133
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 147,552 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 (39,340) 136,667 (648) 1,458 (2,725)
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 $ (114,745)