XML 53 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Pay vs Performance Disclosure
 6 Months Ended 12 Months Ended
Dec. 31, 2023
USD ($)
$ / shares
Jun. 21, 2023
USD ($)
$ / shares
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table    
Pay Versus Performance Table
Melvin C. Payne was our Principal Executive Officer (“PEO”) for each year presented until he stepped down on June 21, 2023, with Carlos R. Quezada becoming our PEO on that same date. For disclosure purposes, we have calculated Mr. Payne’s and Mr. Quezada’s time as PEO separately.
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Value of Initial Fixed $100
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
Fiscal
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(4)
​ ​
Total
Shareholder
Return
(“TSR”)(5)
​ ​
Former
Peer Group
TSR(6)
​ ​
2024 Peer
Group
TSR(6)
 ​ ​
Net Income
​ ​
Adjusted
Diluted
EPS(7)
​
​
2023
​ ​ ​ $ 4,061,994 ​ ​ ​ ​ $ 3,029,501 ​ ​ ​ ​ $ 1,483,339 ​ ​ ​ ​ $ 1,266,971 ​ ​ ​ ​ $ 103.16 ​ ​ ​ ​ $ 150.44 ​ ​ ​ ​ $ 153.79 ​ ​ ​ ​ $ 33,412,785 ​ ​ ​ ​ $ 2.19 ​ ​
​
2022
​ ​ ​ $ 3,388,869 ​ ​ ​ ​ $ (11,180,443) ​ ​ ​ ​ $ 1,542,473 ​ ​ ​ ​ $ (2,833,284) ​ ​ ​ ​ $ 111.80 ​ ​ ​ ​ $ 146.44 ​ ​ ​ ​ $ 152.14 ​ ​ ​ ​ $ 41,381,015 ​ ​ ​ ​ $ 2.61 ​ ​
​
2021
​ ​ ​ $ 5,346,781 ​ ​ ​ ​ $ 20,948,505 ​ ​ ​ ​ $ 1,941,742 ​ ​ ​ ​ $ 6,205,152 ​ ​ ​ ​ $ 258.27 ​ ​ ​ ​ $ 154.34 ​ ​ ​ ​ $ 154.28 ​ ​ ​ ​ $ 33,158,600 ​ ​ ​ ​ $ 3.02 ​ ​
​
2020
​ ​ ​ $ 2,355,678 ​ ​ ​ ​ $ 4,618,240 ​ ​ ​ ​ $ 616,344 ​ ​ ​ ​ $ 1,335,480 ​ ​ ​ ​ $ 124.23 ​ ​ ​ ​ $ 104.60 ​ ​ ​ ​ $ 105.73 ​ ​ ​ ​ $ 16,090,223 ​ ​ ​ ​ $ 1.86 ​ ​
The individuals comprising the Non-PEO NEOs for each year presented are listed below:
​
2020
​ ​
2021
​ ​
2022
​ ​
2023
​
​
Carlos R. Quezada
​ ​
Carlos R. Quezada
​ ​
Carlos R. Quezada
​ ​
Carlos R. Quezada
​
​
Steven D. Metzger
​ ​
Steven D. Metzger
​ ​
Steven D. Metzger
​ ​
Steven D. Metzger
​
​
C. Benjamin Brink
​ ​
C. Benjamin Brink
​ ​
C. Benjamin Brink
​ ​
C. Benjamin Brink(8)
​
​
Shawn R. Phillips
​ ​
Shawn R. Phillips
​ ​
Shawn R. Phillips
​ ​
Shawn R. Phillips
​
​
Viki K. Blinderman
​ ​ ​ ​ ​ ​ ​ ​
L. Kian Granmayeh
​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Paul D. Elliott
​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Adeola Olaniyan
 ​
​
(1)
The dollar amounts reported for Mr. Payne under “Summary Compensation Table Total” are the amounts of total compensation previously reported for Mr. Payne.
​
(2)
The dollar amounts reported for Mr. Payne under “Compensation Actually Paid” represent the amount of  “compensation actually paid” to Mr. Payne, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Payne during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to Mr. Payne’s’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
Melvin C. Payne
​
​ ​ ​ ​
2020
​ ​
2021
​ ​
2022
​ ​
2023
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 2,355,678 ​ ​ ​ ​ $ 5,346,781 ​ ​ ​ ​ $ 3,388,869 ​ ​ ​ ​ $ 4,061,994 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (541,642) ​ ​ ​ ​ ​ (3,204,500) ​ ​ ​ ​ ​ (1,390,400) ​ ​ ​ ​ ​ (1,786,057) ​ ​
​
Fair value of equity compensation granted in current year-value at end
of year-end
​ ​ ​ ​ 3,593,567 ​ ​ ​ ​ ​ 8,525,500 ​ ​ ​ ​ ​ 479,200 ​ ​ ​ ​ ​ 1,310,469 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards made in prior fiscal years that vested during current fiscal year
​ ​ ​ ​ (139,082) ​ ​ ​ ​ ​ 1,603,605 ​ ​ ​ ​ ​ (677,628) ​ ​ ​ ​ ​ 214,901 ​ ​
​ ​ ​ ​
Melvin C. Payne
​
​ ​ ​ ​
2020
​ ​
2021
​ ​
2022
​ ​
2023
​
​
Change in fair value from end of prior fiscal year to end of current
fiscal year for awards made in prior fiscal years that were unvested
at end of current fiscal year
​ ​ ​ ​ 500,901 ​ ​ ​ ​ ​ 8,677,119 ​ ​ ​ ​ ​ (12,980,484) ​ ​ ​ ​ ​ (771,806) ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Fair value of awards forfeited in current fiscal year determined at end
of prior fiscal year
​ ​ ​ ​ (1,151,182) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Compensation Actually Paid to PEO
 ​ ​ ​ $ 4,618,240 ​ ​ ​ ​ $ 20,948,505 ​ ​ ​ ​ $ (11,180,443) ​ ​ ​ ​ $ 3,029,501 ​ ​
​
(3)
The dollar amounts reported under Average Summary Compensation Total for non-PEO NEOs represent the average of the amounts reported for the Company’s NEOs as a group (excluding Mr. Payne) in the “Total” column of the Summary Compensation Table in each applicable year. The names of the NEOs included for purposes of calculating the average amounts in each applicable year are shown in the table above.
​
(4)
The dollar amounts reported under Average Compensation Actually Paid for non-PEO NEOs represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Payne), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to the NEOs’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
NEO Averages
​
​ ​ ​ ​
2020
​ ​
2021
​ ​
2022
​ ​
2023
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 616,344 ​ ​ ​ ​ $ 1,941,742 ​ ​ ​ ​ $ 1,542,473 ​ ​ ​ ​ $ 1,483,339 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (135,408) ​ ​ ​ ​ ​ (1,145,393) ​ ​ ​ ​ ​ (673,475) ​ ​ ​ ​ ​ (497,151) ​ ​
​
Fair value of equity compensation granted in current year-value at end of
year-end
​ ​ ​ ​ 889,310 ​ ​ ​ ​ ​ 3,209,772 ​ ​ ​ ​ ​ 232,113 ​ ​ ​ ​ ​ 368,827 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards
made in prior fiscal years that vested during current fiscal year
​ ​ ​ ​ (30,041) ​ ​ ​ ​ ​ 36,869 ​ ​ ​ ​ ​ (210,007) ​ ​ ​ ​ ​ 49,292 ​ ​
​
Change in fair value from end of prior fiscal year to end of current fiscal
year for awards made in prior fiscal years that were unvested at end of
current fiscal year
​ ​ ​ ​ 111,674 ​ ​ ​ ​ ​ 2,162,162 ​ ​ ​ ​ ​ (3,724,388) ​ ​ ​ ​ ​ (137,336) ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Fair value of awards forfeited in current fiscal year determined at end of prior fiscal year
​ ​ ​ ​ (116,399) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Compensation Actually Paid to NEO
 ​ ​ ​ $ 1,335,480 ​ ​ ​ ​ $ 6,205,152 ​ ​ ​ ​ $ (2,833,284) ​ ​ ​ ​ $ 1,266,971 ​ ​
​
(5)
Total Shareholder Return assumes that the value of the investment in our Common Stock was $100 on the last trading day of December 2019, and that all dividends were reinvested. Performance data is provided as of the last trading day of each of our last four fiscal years.
​
(6)
Our 2023 Peer Group (the “Former Peer Group“) consists of SCI, Matthews International Corp. (“Matthews”) and Park Lawn Corporation (“Park Lawn”) and our 2024 Peer Group (the “2024 Peer Group”) consists of SCI and Matthews. We assumed that the value of the investment in the Former Peer Group and the 2024 Peer Group was $100 on the last trading day of December 2019, and that all dividends were reinvested. Performance data for the Former Peer Group and 2024 Peer Group is provided as of the last trading day of each of our last five fiscal years. For the Former Peer Group, as a result of Park Lawn’s delisting on August 12, 2024, the stock performance data as of December 31, 2024, reflects SCI’s and Matthew's total cumulative return only.
​
(7)
Adjusted Diluted Earnings Per Share is defined as GAAP Diluted Earnings Per Share, adjusted for special items. We determined Adjusted Diluted Earnings Per Share to be the most important financial performance measure used to link the Company’s performance to Compensation Actually Paid to our PEO and Non-PEO NEOs. We may determine a different financial performance measure to be the most important financial performance measure in future years.
​
(8)
Mr. Brink was not included in this calculation as a result of his resignation from his position as the Company’s Executive Vice President, Chief Financial Officer & Treasurer (Principal Financial Officer) effective January 2, 2023.
​
Pay Versus Performance Table
Carlos R. Quezada was our Principal Executive Officer (“PEO”) for 2024 and 2023 beginning June 21, 2023.
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Value of Initial Fixed $100
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
Fiscal
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(4)
​ ​
TSR(5)
​ ​
Former
Peer
Group
TSR(6)
 ​ ​
2024
Peer Group
TSR(6)
​ ​
Net Income
​ ​
Adjusted
Diluted
EPS(7)
​
​
2024
​ ​ ​ $ 4,294,842 ​ ​ ​ ​ $ 7,268,313 ​ ​ ​ ​ $ 1,529,905 ​ ​ ​ ​ $ 2,492,783 ​ ​ ​ ​ $ 166.97 ​ ​ ​ ​ $ 181.02 ​ ​ ​ ​ $ 181.02 ​ ​ ​ ​ $ 32,953,213 ​ ​ ​ ​ $ 2.65 ​ ​
​
2023
​ ​ ​ $ 2,812,587 ​ ​ ​ ​ $ 2,422,461 ​ ​ ​ ​ $ 1,217,490 ​ ​ ​ ​ $ 1,035,873 ​ ​ ​ ​ $ 103.16 ​ ​ ​ ​ $ 150.17 ​ ​ ​ ​ $ 150.44 ​ ​ ​ ​ $ 33,412,785 ​ ​ ​ ​ $ 2.19 ​ ​
The individuals comprising the Non-PEO NEOs for 2024 are listed below:
​
2024
​
​
Steven D. Metzger
​
​
L. Kian Granmayeh(8)
​
​
Kathryn Shanley
​
​
Rob Franch
​
​
Shane Pudenz
 ​
​
(1)
The dollar amounts reported for Mr. Quezada under “Summary Compensation Table Total” are the amounts of total compensation reported for Mr. Quezada for each corresponding year in the “Total” column of the Summary Compensation Table as reflected on page 39.
​
(2)
The dollar amounts reported for Mr. Quezada under “Compensation Actually Paid” represent the amount of  “compensation actually paid” to Mr. Quezada, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Quezada during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to Mr. Quezada’s’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
Carlos R. Quezada
​
​ ​ ​ ​
2024
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 4,294,842 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (1,599,458) ​ ​
​ Fair value of equity compensation granted in current year-value at end of year-end ​ ​ ​ ​ 2,987,018 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards made in prior fiscal years that vested during current fiscal year
​ ​ ​ ​ 838,606 ​ ​
​
Change in fair value from end of prior fiscal year to end of current fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year
​ ​ ​ ​ 747,305 ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting
date that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​
​ Fair value of awards forfeited in current fiscal year determined at end of prior fiscal year ​ ​ ​ ​ — ​ ​
​
Compensation Actually Paid to PEO
 ​ ​ ​ $ 7,268,313 ​ ​
​
(3)
The dollar amounts reported under Average Summary Compensation Total for non-PEO NEOs represent the average of the amounts reported for the Company’s NEOs as a group (excluding any individual serving as our CEO for such year) in the “Total” column of the Summary Compensation Table in each applicable year. The names of the NEOs included for purposes of calculating the average amounts in each applicable year are shown in the table above.
​
(4)
The dollar amounts reported under Average Compensation Actually Paid for non-PEO NEOs represent the average amount of “compensation actually paid” to the NEOs as a group (excluding any individual serving as our CEO), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to the NEOs’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
NEO Averages
​
​ ​ ​ ​
2024
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 1,529,905 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (511,754) ​ ​
​ Fair value of equity compensation granted in current year-value at end of year-end ​ ​ ​ ​ 955,687 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards made in prior fiscal years that vested
during current fiscal year
​ ​ ​ ​ 262,773 ​ ​
​
Change in fair value from end of prior fiscal year to end of current fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year
​ ​ ​ ​ 271,535 ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting date
that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​
​ Fair value of awards forfeited in current fiscal year determined at end of prior fiscal year ​ ​ ​ ​ (15,363) ​ ​
​
Compensation Actually Paid to NEO
 ​ ​ ​ $ 2,492,783 ​ ​
​
(5)
See footnote 5 to the former PEO table with respect to our Total Shareholder Return definition.
​
(6)
See footnote 6 to the former PEO table with respect to our Former Peer Group and 2024 Peer Group definitions.
​
(7)
See footnote 7 to the former PEO table with respect to our Adjusted Diluted Earnings Per Share definition.
​
(8)
Mr. Granmayeh was not included in this calculation as a result of his resignation from his position as the Company’s Executive Vice President, Chief Financial Officer & Treasurer (Principal Financial Officer) effective July 1, 2024.
     
Company Selected Measure Name   AdjustedDilutedEPS AdjustedDiluted EPS      
Named Executive Officers, Footnote  
Melvin C. Payne was our Principal Executive Officer (“PEO”) for each year presented until he stepped down on June 21, 2023, with Carlos R. Quezada becoming our PEO on that same date. For disclosure purposes, we have calculated Mr. Payne’s and Mr. Quezada’s time as PEO separately.
The individuals comprising the Non-PEO NEOs for each year presented are listed below:
​
2020
​ ​
2021
​ ​
2022
​ ​
2023
​
​
Carlos R. Quezada
​ ​
Carlos R. Quezada
​ ​
Carlos R. Quezada
​ ​
Carlos R. Quezada
​
​
Steven D. Metzger
​ ​
Steven D. Metzger
​ ​
Steven D. Metzger
​ ​
Steven D. Metzger
​
​
C. Benjamin Brink
​ ​
C. Benjamin Brink
​ ​
C. Benjamin Brink
​ ​
C. Benjamin Brink(8)
​
​
Shawn R. Phillips
​ ​
Shawn R. Phillips
​ ​
Shawn R. Phillips
​ ​
Shawn R. Phillips
​
​
Viki K. Blinderman
​ ​ ​ ​ ​ ​ ​ ​
L. Kian Granmayeh
​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Paul D. Elliott
​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Adeola Olaniyan
 ​
Carlos R. Quezada was our Principal Executive Officer (“PEO”) for 2024 and 2023 beginning June 21, 2023
The individuals comprising the Non-PEO NEOs for 2024 are listed below:
​
2024
​
​
Steven D. Metzger
​
​
L. Kian Granmayeh(8)
​
​
Kathryn Shanley
​
​
Rob Franch
​
​
Shane Pudenz
 ​
     
Peer Group Issuers, Footnote  
(6)
Our 2023 Peer Group (the “Former Peer Group“) consists of SCI, Matthews International Corp. (“Matthews”) and Park Lawn Corporation (“Park Lawn”) and our 2024 Peer Group (the “2024 Peer Group”) consists of SCI and Matthews. We assumed that the value of the investment in the Former Peer Group and the 2024 Peer Group was $100 on the last trading day of December 2019, and that all dividends were reinvested. Performance data for the Former Peer Group and 2024 Peer Group is provided as of the last trading day of each of our last five fiscal years. 		For the Former Peer Group, as a result of Park Lawn’s delisting on August 12, 2024, the stock performance data as of December 31, 2024, reflects SCI’s and Matthew's total cumulative return only.
​
(7)
Adjusted Diluted Earnings Per Share is defined as GAAP Diluted Earnings Per Share, adjusted for special items. We determined Adjusted Diluted Earnings Per Share to be the most important financial performance measure used to link the Company’s performance to Compensation Actually Paid to our PEO and Non-PEO NEOs. We may determine a different financial performance measure to be the most important financial performance measure in future years.
​
(8)
Mr. Brink was not included in this calculation as a result of his resignation from his position as the Company’s Executive Vice President, Chief Financial Officer & Treasurer (Principal Financial Officer) effective January 2, 2023.
Pay Versus Performance Table
Carlos R. Quezada was our Principal Executive Officer (“PEO”) for 2024 and 2023 beginning June 21, 2023.
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Value of Initial Fixed $100
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
Fiscal
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(4)
​ ​
TSR(5)
​ ​
Former
Peer
Group
TSR(6)
 ​ ​
2024
Peer Group
TSR(6)
​ ​
Net Income
​ ​
Adjusted
Diluted
EPS(7)
​
​
2024
​ ​ ​ $ 4,294,842 ​ ​ ​ ​ $ 7,268,313 ​ ​ ​ ​ $ 1,529,905 ​ ​ ​ ​ $ 2,492,783 ​ ​ ​ ​ $ 166.97 ​ ​ ​ ​ $ 181.02 ​ ​ ​ ​ $ 181.02 ​ ​ ​ ​ $ 32,953,213 ​ ​ ​ ​ $ 2.65 ​ ​
​
2023
​ ​ ​ $ 2,812,587 ​ ​ ​ ​ $ 2,422,461 ​ ​ ​ ​ $ 1,217,490 ​ ​ ​ ​ $ 1,035,873 ​ ​ ​ ​ $ 103.16 ​ ​ ​ ​ $ 150.17 ​ ​ ​ ​ $ 150.44 ​ ​ ​ ​ $ 33,412,785 ​ ​ ​ ​ $ 2.19 ​ ​
The individuals comprising the Non-PEO NEOs for 2024 are listed below:
​
2024
​
​
Steven D. Metzger
​
​
L. Kian Granmayeh(8)
​
​
Kathryn Shanley
​
​
Rob Franch
​
​
Shane Pudenz
 ​
​
(1)
The dollar amounts reported for Mr. Quezada under “Summary Compensation Table Total” are the amounts of total compensation reported for Mr. Quezada for each corresponding year in the “Total” column of the Summary Compensation Table as reflected on page 39.
​
(2)
The dollar amounts reported for Mr. Quezada under “Compensation Actually Paid” represent the amount of  “compensation actually paid” to Mr. Quezada, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Quezada during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to Mr. Quezada’s’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
Carlos R. Quezada
​
​ ​ ​ ​
2024
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 4,294,842 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (1,599,458) ​ ​
​ Fair value of equity compensation granted in current year-value at end of year-end ​ ​ ​ ​ 2,987,018 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards made in prior fiscal years that vested during current fiscal year
​ ​ ​ ​ 838,606 ​ ​
​
Change in fair value from end of prior fiscal year to end of current fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year
​ ​ ​ ​ 747,305 ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting
date that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​
​ Fair value of awards forfeited in current fiscal year determined at end of prior fiscal year ​ ​ ​ ​ — ​ ​
​
Compensation Actually Paid to PEO
 ​ ​ ​ $ 7,268,313 ​ ​
​
(3)
The dollar amounts reported under Average Summary Compensation Total for non-PEO NEOs represent the average of the amounts reported for the Company’s NEOs as a group (excluding any individual serving as our CEO for such year) in the “Total” column of the Summary Compensation Table in each applicable year. The names of the NEOs included for purposes of calculating the average amounts in each applicable year are shown in the table above.
​
(4)
The dollar amounts reported under Average Compensation Actually Paid for non-PEO NEOs represent the average amount of “compensation actually paid” to the NEOs as a group (excluding any individual serving as our CEO), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to the NEOs’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
NEO Averages
​
​ ​ ​ ​
2024
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 1,529,905 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (511,754) ​ ​
​ Fair value of equity compensation granted in current year-value at end of year-end ​ ​ ​ ​ 955,687 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards made in prior fiscal years that vested
during current fiscal year
​ ​ ​ ​ 262,773 ​ ​
​
Change in fair value from end of prior fiscal year to end of current fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year
​ ​ ​ ​ 271,535 ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting date
that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​
​ Fair value of awards forfeited in current fiscal year determined at end of prior fiscal year ​ ​ ​ ​ (15,363) ​ ​
​
Compensation Actually Paid to NEO
 ​ ​ ​ $ 2,492,783 ​ ​
​
(5)
See footnote 5 to the former PEO table with respect to our Total Shareholder Return definition.
(6)
See footnote 6 to the former PEO table with respect to our Former Peer Group and 2024 Peer Group definitions.
     
PEO Total Compensation Amount $ 2,812,587 $ 4,061,994 $ 4,294,842 $ 3,388,869 $ 5,346,781 $ 2,355,678
PEO Actually Paid Compensation Amount 2,422,461 $ 3,029,501 $ 7,268,313 (11,180,443) 20,948,505 4,618,240
Adjustment To PEO Compensation, Footnote  
(2)
The dollar amounts reported for Mr. Payne under “Compensation Actually Paid” represent the amount of  “compensation actually paid” to Mr. Payne, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Payne during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to Mr. Payne’s’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
Melvin C. Payne
​
​ ​ ​ ​
2020
​ ​
2021
​ ​
2022
​ ​
2023
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 2,355,678 ​ ​ ​ ​ $ 5,346,781 ​ ​ ​ ​ $ 3,388,869 ​ ​ ​ ​ $ 4,061,994 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (541,642) ​ ​ ​ ​ ​ (3,204,500) ​ ​ ​ ​ ​ (1,390,400) ​ ​ ​ ​ ​ (1,786,057) ​ ​
​
Fair value of equity compensation granted in current year-value at end
of year-end
​ ​ ​ ​ 3,593,567 ​ ​ ​ ​ ​ 8,525,500 ​ ​ ​ ​ ​ 479,200 ​ ​ ​ ​ ​ 1,310,469 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards made in prior fiscal years that vested during current fiscal year
​ ​ ​ ​ (139,082) ​ ​ ​ ​ ​ 1,603,605 ​ ​ ​ ​ ​ (677,628) ​ ​ ​ ​ ​ 214,901 ​ ​
​ ​ ​ ​
Melvin C. Payne
​
​ ​ ​ ​
2020
​ ​
2021
​ ​
2022
​ ​
2023
​
​
Change in fair value from end of prior fiscal year to end of current
fiscal year for awards made in prior fiscal years that were unvested
at end of current fiscal year
​ ​ ​ ​ 500,901 ​ ​ ​ ​ ​ 8,677,119 ​ ​ ​ ​ ​ (12,980,484) ​ ​ ​ ​ ​ (771,806) ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Fair value of awards forfeited in current fiscal year determined at end
of prior fiscal year
​ ​ ​ ​ (1,151,182) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Compensation Actually Paid to PEO
 ​ ​ ​ $ 4,618,240 ​ ​ ​ ​ $ 20,948,505 ​ ​ ​ ​ $ (11,180,443) ​ ​ ​ ​ $ 3,029,501 ​ ​
(2)
The dollar amounts reported for Mr. Quezada under “Compensation Actually Paid” represent the amount of  “compensation actually paid” to Mr. Quezada, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Quezada during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to Mr. Quezada’s’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
Carlos R. Quezada
​
​ ​ ​ ​
2024
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 4,294,842 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (1,599,458) ​ ​
​ Fair value of equity compensation granted in current year-value at end of year-end ​ ​ ​ ​ 2,987,018 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards made in prior fiscal years that vested during current fiscal year
​ ​ ​ ​ 838,606 ​ ​
​
Change in fair value from end of prior fiscal year to end of current fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year
​ ​ ​ ​ 747,305 ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting
date that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​
​ Fair value of awards forfeited in current fiscal year determined at end of prior fiscal year ​ ​ ​ ​ — ​ ​
​
Compensation Actually Paid to PEO
 ​ ​ ​ $ 7,268,313 ​ ​
     
Non-PEO NEO Average Total Compensation Amount 1,217,490 $ 1,483,339 $ 1,529,905 1,542,473 1,941,742 616,344
Non-PEO NEO Average Compensation Actually Paid Amount 1,035,873 $ 1,266,971 $ 2,492,783 (2,833,284) 6,205,152 1,335,480
Adjustment to Non-PEO NEO Compensation Footnote  
(4)
The dollar amounts reported under Average Compensation Actually Paid for non-PEO NEOs represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Payne), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to the NEOs’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
NEO Averages
​
​ ​ ​ ​
2020
​ ​
2021
​ ​
2022
​ ​
2023
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 616,344 ​ ​ ​ ​ $ 1,941,742 ​ ​ ​ ​ $ 1,542,473 ​ ​ ​ ​ $ 1,483,339 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (135,408) ​ ​ ​ ​ ​ (1,145,393) ​ ​ ​ ​ ​ (673,475) ​ ​ ​ ​ ​ (497,151) ​ ​
​
Fair value of equity compensation granted in current year-value at end of
year-end
​ ​ ​ ​ 889,310 ​ ​ ​ ​ ​ 3,209,772 ​ ​ ​ ​ ​ 232,113 ​ ​ ​ ​ ​ 368,827 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards
made in prior fiscal years that vested during current fiscal year
​ ​ ​ ​ (30,041) ​ ​ ​ ​ ​ 36,869 ​ ​ ​ ​ ​ (210,007) ​ ​ ​ ​ ​ 49,292 ​ ​
​
Change in fair value from end of prior fiscal year to end of current fiscal
year for awards made in prior fiscal years that were unvested at end of
current fiscal year
​ ​ ​ ​ 111,674 ​ ​ ​ ​ ​ 2,162,162 ​ ​ ​ ​ ​ (3,724,388) ​ ​ ​ ​ ​ (137,336) ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Fair value of awards forfeited in current fiscal year determined at end of prior fiscal year
​ ​ ​ ​ (116,399) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​
Compensation Actually Paid to NEO
 ​ ​ ​ $ 1,335,480 ​ ​ ​ ​ $ 6,205,152 ​ ​ ​ ​ $ (2,833,284) ​ ​ ​ ​ $ 1,266,971 ​ ​
(4)
The dollar amounts reported under Average Compensation Actually Paid for non-PEO NEOs represent the average amount of “compensation actually paid” to the NEOs as a group (excluding any individual serving as our CEO), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments in the table below were made to the NEOs’ total compensation for each year to determine the compensation actually paid:
​
​ ​ ​ ​
NEO Averages
​
​ ​ ​ ​
2024
​
​ Total Compensation as reported in SCT ​ ​ ​ $ 1,529,905 ​ ​
​ Fair value of equity awards granted during fiscal year ​ ​ ​ ​ (511,754) ​ ​
​ Fair value of equity compensation granted in current year-value at end of year-end ​ ​ ​ ​ 955,687 ​ ​
​
Change in fair value for end of prior fiscal year to vesting date for awards made in prior fiscal years that vested
during current fiscal year
​ ​ ​ ​ 262,773 ​ ​
​
Change in fair value from end of prior fiscal year to end of current fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year
​ ​ ​ ​ 271,535 ​ ​
​
Dividends or other earnings paid on stock or options awards in the covered fiscal year prior to the vesting date
that are not otherwise included in the total compensation for the covered fiscal year
​ ​ ​ ​ — ​ ​
​ Fair value of awards forfeited in current fiscal year determined at end of prior fiscal year ​ ​ ​ ​ (15,363) ​ ​
​
Compensation Actually Paid to NEO
 ​ ​ ​ $ 2,492,783 ​ ​
     
Compensation Actually Paid vs. Total Shareholder Return    
​ ​
Compensation vs Total Shareholder Return​
 ​ ​
[MISSING IMAGE: bc_compvsttlshrret-pn.jpg]
     
Compensation Actually Paid vs. Net Income    
​ ​
Compensation vs Net Income​
 ​ ​
[MISSING IMAGE: bc_compvsnetinc-pn.jpg]
     
Compensation Actually Paid vs. Company Selected Measure    
​ ​
Compensation vs Adjusted Diluted EPS​
 ​ ​
[MISSING IMAGE: bc_compvsdiluted-pn.jpg]
     
Total Shareholder Return Vs Peer Group    
​ ​
Compensation vs Total Shareholder Return​
 ​ ​
[MISSING IMAGE: bc_compvsttlshrret-pn.jpg]
     
Tabular List, Table    
Financial Performance Measures
As described in greater detail in our “Compensation Discussion and Analysis” section beginning on page 30, our approach to executive compensation is designed to directly link pay to performance, recognize both corporate and individual performance, promote long-term stock ownership, attract, retain and motivate talented executives, and balance risk and reward while taking into consideration stakeholder feedback as well as market trends and practices. The most important financial measures used by the Company to link compensation actually paid (as defined by SEC rules) to the Company’s NEOs for the most recently completed fiscal year to the Company’s performance are:
•
Net Income;
​
•
Adjusted Consolidated EBITDA; and
​
•
Adjusted Diluted Earnings Per Share.
     
Total Shareholder Return Amount 103.16 $ 103.16 $ 166.97 111.8 258.27 124.23
Net Income (Loss) $ 33,412,785 $ 33,412,785 $ 32,953,213 $ 41,381,015 $ 33,158,600 $ 16,090,223
Company Selected Measure Amount | $ / shares 2.19 2.19 2.65 2.61 3.02 1.86
PEO Name     Carlos R. Quezada      
Measure:: 1            
Pay vs Performance Disclosure            
Name     Net Income      
Measure:: 2            
Pay vs Performance Disclosure            
Name     Adjusted Consolidated EBITDA      
Measure:: 3            
Pay vs Performance Disclosure            
Name     Adjusted Diluted Earnings Per Share      
Non-GAAP Measure Description  
(7)
Adjusted Diluted Earnings Per Share is defined as GAAP Diluted Earnings Per Share, adjusted for special items. We determined Adjusted Diluted Earnings Per Share to be the most important financial performance measure used to link the Company’s performance to Compensation Actually Paid to our PEO and Non-PEO NEOs. We may determine a different financial performance measure to be the most important financial performance measure in future years.
       
Melvin C. Payne [Member]            
Pay vs Performance Disclosure            
Peer Group Total Shareholder Return Amount $ 150.17 $ 150.44 $ 181.02 $ 146.44 $ 154.34 $ 104.6
Carlos R. Quezada [Member]            
Pay vs Performance Disclosure            
Peer Group Total Shareholder Return Amount $ 150.44 153.79 181.02 152.14 154.28 105.73
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (1,786,057) (1,599,458) (1,390,400) (3,204,500) (541,642)
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   1,310,469 2,987,018 479,200 8,525,500 3,593,567
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   (771,806) 747,305 (12,980,484) 8,677,119 500,901
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   214,901 838,606 (677,628) 1,603,605 (139,082)
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount  
PEO | Fair Value Of Awards Forfeited In Current Fiscal Year Determined At End Of Prior Fiscal Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (1,151,182)
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   (497,151) (511,754) (673,475) (1,145,393) (135,408)
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   368,827 955,687 232,113 3,209,772 889,310
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   (137,336) 271,535 (3,724,388) 2,162,162 111,674
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   49,292 262,773 (210,007) 36,869 (30,041)
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount  
Non-PEO NEO | Fair Value Of Awards Forfeited In Current Fiscal Year Determined At End Of Prior Fiscal Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   $ (15,363) $ (116,399)