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Pay vs Performance Disclosure - USD ($)
6 Months Ended 8 Months Ended 12 Months Ended
Jun. 24, 2023
Feb. 21, 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 DISCLOSURE
The table set forth below summarizes information to show the relationship between NEO compensation and certain financial performance measures for fiscal years 2020, 2021, 2022 and 2023. This information is provided in accordance with Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K.
 
Fiscal Year
 
Summary
Compensation
Table Total
for PEO
(Kramer)
(1)
   
Summary
Compensation
Table Total
for PEO
(Miller)
(1)
   
Compensation
Actually Paid
to CEO
(Kramer)
(1)(2)
   
Compensation
Actually Paid
to CEO
(Miller)
(1)(2)
   
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs
(3)
   
Average
Compensation
Actually Paid
to Non-PEO
NEOs
(2)
(3)
   
Value of Initial Fixed $100
Investment Based on
   
Net Income
(Loss)
(
in millions
)
(5)
   
Total
Revenues
(
in millions)
(5)
 
  
 
    
 
      
 
      
 
      
 
      
 
      
 
   
Total
Shareholder
Return
   
Peer Group
Total
Shareholder
Return
(4)
      
 
      
 
 
2023
 
$
5,103,858
 
 
$
766,667
 
 
$
393,077
 
 
$
766,667
 
 
$
1,813,193
 
 
$
462,669
 
 
$
4.45
 
 
$
146.27
 
 
$
(760.5
 
$
1,049.3
 
2022
 
$
7,578,573
 
 
 
 
 
$
508,270
 
 
 
 
 
$
3,393,116
 
 
$
951,561
 
 
$
21.89
 
 
$
140.85
 
 
$
(211.6
 
$
1,117.5
 
2021
 
$
6,932,076
 
 
 
 
 
$
532,388
 
 
 
 
 
$
2,469,172
 
 
$
192,682
 
 
$
80.57
 
 
$
121.80
 
 
$
219.5
 
 
$
1,773.6
 
2020
 
$
5,569,978
 
 
 
 
 
$
10,223,966
 
 
 
 
 
$
2,457,336
 
 
$
5,035,083
 
 
$
166.08
 
 
$
108.63
 
 
$
305.8
 
 
$
1,577.3
 
 
(1)
Mr. Kramer was our principal executive officer (PEO) for each of 2020, 2021, 2022 and until June 24, 2023. Mr. Miller was the company’s Interim CEO from June 24, 2023 until February 21, 2024.
 
(2)
The dollar amounts reported in the “Compensation Actually Paid to PEO (Kramer)” column, the “Compensation Actually paid to CEO (Miller)” column and the “Average Compensation Actually Paid to Non-PEO Named Executive Officers” column represent the amount of “compensation actually paid” (“CAP”) to each of our PEOs and the “average compensation actually paid” to our non-PEO NEOs, respectively, as computed in accordance with Item 402(v) of Regulation S-K. While SEC rules require us to disclose these amounts, they do not correlate to actual amounts that will or may be paid to our NEOs. The actual amounts that will or may be paid to each NEO will be determined following the completion of the applicable service and/or performance period based upon the actual achievement over such service and/or performance period. Supplemental tables reconciling compensation reported in our summary compensation table to CAP for our PEOs is provided below.
 
(3)
The non-PEO NEOs for 2023 are Mr. Lindahl, Mr. Havey, our former Chief Operating Officer, Ms. Fox, Ms. Glessner and Mr. Williams. For 2022, the non-PEO NEOS were Mr. Lindahl, Mr. Havey, Ms. Fox and Mr. Saran, our former Chief Strategy and Development Officer, and for each of 2021 and 2020 the non-PEO NEOs were Mr. El-Hibri, Mr. Lindahl, Mr. Havey and Mr. Saran. Supplemental tables reconciling compensation reported in our summary compensation table to CAP for the average of our non-PEO NEOs is provided below.
 
(4)
Peer Group reflects published data for the S&P Biotechnology Index.
 
(5)
Net income (loss) and Total Revenues for each year shown, as disclosed in the company’s annual report on Form 10-K for the corresponding year. Total Revenues is our “Company-Selected Measure” as set forth in Regulation S-K 402(v). Note that the restatement identified in the Company’s Form 10-K/A filed on December 11, 2023 did not require a recovery in connection with the Company’s Executive Compensation Recovery Policy.
     
Company Selected Measure Name     Total Revenues      
Named Executive Officers, Footnote     The non-PEO NEOs for 2023 are Mr. Lindahl, Mr. Havey, our former Chief Operating Officer, Ms. Fox, Ms. Glessner and Mr. Williams. For 2022, the non-PEO NEOS were Mr. Lindahl, Mr. Havey, Ms. Fox and Mr. Saran, our former Chief Strategy and Development Officer, and for each of 2021 and 2020 the non-PEO NEOs were Mr. El-Hibri, Mr. Lindahl, Mr. Havey and Mr. Saran.      
Peer Group Issuers, Footnote     Peer Group reflects published data for the S&P Biotechnology Index.      
Adjustment To PEO Compensation, Footnote    
PEO SCT to CAP Reconciliation
 
Fiscal Year
  
Reported Summary
Compensation Table
Total for PEO
(Kramer)
    
Reported Summary
Compensation Table
Total for PEO
(Miller)
    
Reported Value of
Equity Awards in
the Summary
Compensation
Table
(1)
   
Equity Award
Adjustments
(1)
   
Compensation
Actually Paid to PEO
(Kramer)
    
Compensation
Actually Paid to PEO
(Miller)
 
2023
  
$
5,103,858
 
  
$
766,667
 
  
$
(3,398,039
 
$
(1,312,741
)
 
$
393,077
 
  
$
766,667
 
2022
  
$
7,578,573
 
  
 
N/A
 
  
$
(6,231,882
 
$
(838,421
 
$
508,270
 
  
 
N/A
 
2021
  
$
6,932,076
 
  
 
N/A
 
  
$
(4,998,767
 
$
(1,400,921
 
$
532,388
 
  
 
N/A
 
2020
  
$
5,569,978
 
  
 
N/A
 
  
$
(3,442,423
 
$
8,096,411
 
 
$
10,223,966
 
  
 
N/A
 
(1
)
Mr. Miller was not eligible to receive equity in his role as Interim CEO and did not receive equity awards from the Company prior to his service as Interim CEO. Accordingly, the equity award columns apply only to Mr. Kramer.
PEO Equity Award Adjustment Reconciliation
(1)
 
Fiscal Year
 
Year-End
Fair Value of
Awards
Granted
During Year
That Remain
Unvested as
of Year End
   
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
Covered
Year
   
Year-over-
Year
Change in
Fair Value of
Equity
Awards
Granted in
Prior Years
that Vested in
the Covered
Year
   
Year-end Fair
Value of
Equity Awards
that Failed to
Meet Vesting
Conditions
in the
Covered Year
   
Value of
Dividends or
other
Earnings Paid
on Stock or
Option
Awards not
Otherwise
Reflected
in Fair Value
or Total
Compensation
   
Total Equity
Award
Adjustments
 
2023
 
$
 
 
$
 
 
$
 
 
$
80,295
 
 
$
(1,393,036
 
$
 
 
$
(1,312,741
2022
 
$
1,391,610
 
 
$
(1,603,115
 
$
 
 
$
(626,916
 
$
 
 
$
 
 
$
(838,421
2021
 
$
1,869,759
 
 
$
(3,301,247
 
$
 
 
$
30,567
 
 
$
 
 
$
 
 
$
(1,400,921
2020
 
$
5,854,355
 
 
$
1,898,642
 
 
$
 
 
$
343,414
 
 
$
 
 
$
 
 
$
8,096,411
 
(1
)
Mr. Miller was not eligible to receive equity in his role as Interim CEO. Accordingly, this table applies only to Mr. Kramer.
     
Non-PEO NEO Average Total Compensation Amount     $ 1,813,193 $ 3,393,116 $ 2,469,172 $ 2,457,336
Non-PEO NEO Average Compensation Actually Paid Amount     $ 462,669 951,561 192,682 5,035,083
Adjustment to Non-PEO NEO Compensation Footnote    
Average
non-PEO
NEO SCT to CAP Reconciliation
 
Fiscal Year
  
Average Reported
Summary
Compensation Table
Total for non-PEO
NEOs
    
Average Reported
Value of Equity
Awards in the
Summary
Compensation
Table
   
Total
Average Equity
Award Adjustments
   
Average
Compensation
Actually Paid to non-
PEO NEOs
 
2023
  
$
1,813,193
 
  
$
(881,054
 
$
(469,470
 
$
462,669
 
2022
  
$
3,393,116
 
  
$
(2,640,104
 
$
198,549
 
 
$
951,561
 
2021
  
$
2,469,172
 
  
$
(1,539,799
 
$
(736,691
 
$
192,682
 
2020
  
$
2,457,336
 
  
$
(1,406,360
 
$
3,984,107
 
 
$
5,035,083
 
 
 
Average
non-PEO
NEO Equity Award
Adjustment
Reconciliation
 
Fiscal Year
 
Average
Year-End Fair

Value of
Awards
Granted
During Year
That Remain
Unvested as
of Year End
   
Year-over-Year
Average Change
in Fair Value of
Outstanding
and Unvested
Equity Awards
   
Average Fair
Value as of
Vesting Date
of Equity
Awards
Granted and
Vested in the
Covered Year
   
Year-over-Year

Average
Change in Fair
Value of
Equity Awards
Granted in
Prior Years
that Vested in
the Covered
Year
   
Average
Year-End
Fair Value of
Equity
Awards that
Failed to
Meet Vesting
Conditions in
the
Covered Year
   
Average Value of
Dividends
or other
Earnings
Paid on Stock or
Option Awards
not Otherwise
Reflected in Fair
Value or Total
Compensation
   
Total Average
Equity Award
Adjustments
 
2023
 
$
147,810
 
 
$
(604,648
 
$
 
 
$
(12,632
 
$
 
 
$
 
 
$
(469,470
2022
 
$
764,901
 
 
$
(389,222
 
$
 
 
$
(177,130
 
$
 
 
$
 
 
$
198,549
 
2021
 
$
575,964
 
 
$
(1,417,932
 
$
 
 
$
105,276
 
 
$
 
 
$
 
 
$
(736,691
2020
 
$
2,391,709
 
 
$
1,136,285
 
 
$
 
 
$
456,113
 
 
$
 
 
$
 
 
$
3,984,107
 
     
Compensation Actually Paid vs. Total Shareholder Return    
(1)
Relationship between compensation “actually paid” to each PEO and average actual compensation paid to the company’s non-PEO NEOs and the company’s cumulative total shareholder return (“TSR”) and comparison of company TSR and peer group TSR.
 
     
Compensation Actually Paid vs. Net Income    
(2)
Relationship between compensation “actually paid” to each
PEO
and average actual compensation paid to the company’s non-PEO NEOs and the company’s net income (loss).
 
     
Compensation Actually Paid vs. Company Selected Measure    
(3)
Relationship between compensation “actually paid” to each PEO and average actual compensation paid to non-PEO NEOs and Total Revenues.
 
     
Total Shareholder Return Vs Peer Group    
(1)
Relationship between compensation “actually paid” to each PEO and average actual compensation paid to the company’s non-PEO NEOs and the company’s cumulative total shareholder return (“TSR”) and comparison of company TSR and peer group TSR.
 
     
Tabular List, Table    
Financial Performance Measures
The following table lists the three financial performance measures that, in Emergent’s assessment, are the most important measures that the company uses to link CAP to its NEOs to company performance.
The
following is provided in accordance with Item 402(v) of Regulation S-K.
 
Measure 1
  
Total Revenues
 (Company Selected Measure)
Measure 2
  
Adjusted EBITDA Margin
Measure 3
  
Adjusted Net Income (Loss)
     
Total Shareholder Return Amount     $ 4.45 21.89 80.57 166.08
Peer Group Total Shareholder Return Amount     146.27 140.85 121.8 108.63
Net Income (Loss)     $ (760,500,000) $ (211,600,000) $ 219,500,000 $ 305,800,000
Company Selected Measure Amount     1,049,300,000 1,117,500,000 1,773,600,000 1,577,300,000
Measure:: 1            
Pay vs Performance Disclosure            
Name     Total Revenues      
Measure:: 2            
Pay vs Performance Disclosure            
Name     Adjusted EBITDA Margin      
Measure:: 3            
Pay vs Performance Disclosure            
Name     Adjusted Net Income (Loss)      
Mr. Kramer [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount     $ 5,103,858 $ 7,578,573 $ 6,932,076 $ 5,569,978
PEO Actually Paid Compensation Amount     393,077 $ 508,270 $ 532,388 $ 10,223,966
PEO Name Mr. Kramer     Mr. Kramer Mr. Kramer Mr. Kramer
Mr. Miller [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount     766,667      
PEO Actually Paid Compensation Amount     766,667      
PEO Name   Mr. Miller        
PEO | Reported Value Of Equity Awards In The Summary Compensation [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (3,398,039) $ (6,231,882) $ (4,998,767) $ (3,442,423)
PEO | Equity Award Adjustments [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (1,312,741) (838,421) (1,400,921) 8,096,411
PEO | YearEnd Fair Value Of Awards Granted During Year That Remain Unvested As Of Year End [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       1,391,610 1,869,759 5,854,355
PEO | YearOver Year Change In Fair Value Of Outstanding And Unvested Equity Awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (1,603,115) (3,301,247) 1,898,642
PEO | Year Over Year Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     80,295 (626,916) 30,567 343,414
PEO | Year End Fair Value Of Equity Awards That Failed To Meet Vesting Conditions In The Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (1,393,036)      
Non-PEO NEO | Reported Value Of Equity Awards In The Summary Compensation [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (881,054) (2,640,104) (1,539,799) (1,406,360)
Non-PEO NEO | Equity Award Adjustments [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (469,470) 198,549 (736,691) 3,984,107
Non-PEO NEO | YearEnd Fair Value Of Awards Granted During Year That Remain Unvested As Of Year End [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     147,810 764,901 575,964 2,391,709
Non-PEO NEO | YearOver Year Change In Fair Value Of Outstanding And Unvested Equity Awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (604,648) (389,222) (1,417,932) 1,136,285
Non-PEO NEO | Year Over Year Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     $ (12,632) $ (177,130) $ 105,276 $ 456,113